Companies news of 2008-07-10 (page 3)
Nam Tai Electronics, Inc. Second Quarter Results and Analyst Conference Call
Verizon Wireless and Natasha Bedingfield Name 'Pocketful of Sunshine' Duet Contest...
ARCADIS Selected to Elite Cleantech Index (CTIUS)
PROGNOSIS Ready for HP's New NonStop Blade Servers
Zumwalt Team Achieves Software Certification Milestone
Image Sensing Systems Announces Extension to Econolite Distribution Agreement
ChoicePoint's VitalChek to Administer All Expedited Vital Records Orders for State of...
Rentrak Retail Essentials and Home Video Essentials Announces Top DVD Sales and Rentals...
Sonus and VeriSign(R) Communications Services Enable Operators to Provide Cost Effective...
WEGENER Closes Sale of Selected Patents and Patent Applications for $1 MillionRetains...
Prepay Customers Can Now Let Their Fingers Do the Talking on America's Most Reliable...
Bonso Electronics Reports Sale of Office Suite in Hong Kong
Wegener Corporation Reports Results for Third Quarter of Fiscal 2008
iPhone 3G on Sale TomorrowOver 500 Native Applications for iPhone & iPod touch Available...
SXC Health Solutions announces multi-year, multi-million dollar agreement with major PBM
Cooper Notification Announces Partnership with P & P TelecommunicationsP & P...
Nokia Completes its Acquisition of NAVTEQ
IDO Security Partners with Bryant Integrated Technologies to Bring 'Shoes-On' Weapons...
MEMC and Tainergy Announce $3 Billion+ Solar Wafer Supply Contract
MEMC and Conergy Announce Amended Solar Wafer Supply Contract
Schneider Electric and Bull Use Their Joint Skills to Launch New IT Energy Audit Services
RF Micro Devices(R) Commences Volume Shipments of POLARIS(R) to Multiple Leading Handset...
CACI International to Release Fourth Quarter and Full Year FY08 Earnings After Market...
Lithium Technology Corp. Announces Memo of Understanding With EnerSys
Stanley Announces Timing of First Quarter FY 2009 Earnings Release and Conference Call
CareerBuilder, leader des sites de recrutement aux Etats-Unis, acquiert Le Groupe Les...
EnerSys Announces Memo of Understanding with Lithium Technology Corporation
Susan Rock Joins CSC as Vice President, Business Development for Applied Technology...
Orbit E-Commerce Inc. Subsidiary, PureNet.TV Hong Kong, Signs Joint Venture Agreement for...
AsiaInfo to Upgrade China Telecom's WLAN System and IP Billing System
Nam Tai Electronics, Inc. Second Quarter Results and Analyst Conference Call
MACAO, PRC, July 10 /PRNewswire-FirstCall/ -- Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") (NYSE Symbol: NTE) today announced the expected date of release of the second quarter results and analysts conference call.
1. Second Quarter Results and Analyst Conference Call
Nam Tai will release its unaudited second quarter results for the period ended June 30, 2008 on Monday, August 4, 2008 at 7:00 a.m. Eastern Time.
It will also hold a conference call on Monday, August 4, 2008 at 8:00 a.m. Eastern Time for analysts to discuss the second quarter 2008 results with management. Shareholders, media, and interested investors are invited to listen to the live conference over the internet by going to http://www.namtai.com/ and clicking on the conference call link (under events) or over the phone by dialing (612) 288-0337 just prior to its start time. Analysts who wish to receive the toll free dial-in number for this conference call are invited to contact us at (853) 2835 6333 or via email to shareholder@namtai.com not later than 5:00pm Eastern Time on Friday, August 1, 2008. Users will be asked to register with the conference call operator.
2. Dividend Reminder
The record date for the second quarter dividend of $0.22 per share is June 30, 2008 and the payment date is on or before July 21, 2008.
ABOUT NAM TAI ELECTRONICS, INC.
We are an electronics manufacturing and design services provider to a select group of the world's leading OEMs of telecommunications and consumer electronic products. Through our electronics manufacturing services operations, we manufacture electronic components and subassemblies, including LCD panels, LCD modules, RF modules, DAB modules, FPC subassemblies and image sensors modules and PCBAs for headsets containing Bluetooth wireless technology. These components are used in numerous electronic products, including mobile phones, laptop computers, digital cameras, electronic toys, handheld video game devices, and entertainment devices. We also manufacture finished products, including mobile phone accessories, home entertainment products and educational products. We assist our OEM customers in the design and development of their products and furnish full turnkey manufacturing services that utilize advanced manufacturing processes and production technologies.
Nam Tai currently has one Hong Kong listed subsidiary, Nam Tai Electronic & Electrical Products Limited ("NTEEP"). Interested investors may go to the website of The Stock Exchange of Hong Kong at http://www.hkex.com.hk/ to obtain information specific to NTEEP. The stock code of NTEEP in The Stock Exchange of Hong Kong is 2633. Investors are reminded to exercise caution when assessing such information and not to deal with the shares of Nam Tai based solely upon reliance on such information.
Nam Tai Electronics, Inc.
CONTACT: Investors, John Farina, 853-2835-6333, fax, 853-2835-6262, shareholder@namtai.com, for Nam Tai Electronics, Inc.
Web site: http://www.namtai.com/
Verizon Wireless and Natasha Bedingfield Name 'Pocketful of Sunshine' Duet Contest WinnerVerizon VIP Tour Offered Unique Ways for Artists to Connect With Their Fans; Duet Contest Winner to Perform Live With Natasha Bedingfield in San Francisco
BASKING RIDGE, N.J., July 10 /PRNewswire/ -- Samantha Pietrunti of Staten Island, N.Y., was named the "Pocketful of Sunshine" Duet Contest winner by Natasha Bedingfield as part of her sold out Verizon VIP Tour. Pietrunti, age 19, will perform a live duet with the British songstress today at the Fillmore in San Francisco, the last stop of Bedingfield's first-ever U.S. headlining tour.
Fans who attended one of the tour stops had the opportunity to create a professional recording of their a capella rendition of Natasha's Top 5 hit "Pocketful of Sunshine" on the Verizon Mobile Studio Recording Bus and submit the demo to the contest. In addition, fans could submit a video or audio clip online for a chance to become one of the finalists. Entries were judged by Natasha, and Pietrunti was named grand prize winner. In addition to singing a duet with Natasha live in San Francisco, Pietrunti also received $500 cash and four round-trip airline tickets so she could invite friends and family to attend the concert in San Francisco.
The Verizon VIP Tour leverages wireless technology to help artists interact with their fans. Verizon Wireless customers who downloaded Natasha Bedingfield's content via their V CAST-enabled phones had the chance to win a pair of mobile tickets to the Verizon VIP Tour.
For more information on mobile music from Verizon Wireless, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or visit http://www.verizonwireless.com/music. For information on Natasha Bedingfield, visit http://www.verizonviptour.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Brenda Boyd Raney, Verizon Wireless, +1-908-559-7518, Brenda.Raney@verizonwireless.com; Tara Melega, Sony BMG Music for Natasha Bedingfield, +1-212-833-7707, Tara.Melega@sonybmg.com; Lois Najarian, The Door for Natasha Bedingfield, +1-646-831-0745, Lois@TheDooronline.com
Web site: http://www.verizonwireless.com/ http://www.verizonwireless.com/music http://www.verizonviptour.com/ http://www.verizonwireless.com/multimedia
ARCADIS Selected to Elite Cleantech Index (CTIUS)
ARNHEM, The Netherlands, July 10 /PRNewswire/ -- ARCADIS (EURONEXT: ARCAD), the international consultancy, design,
engineering and management services company, announced today that the Company
has been selected by the Cleantech Group(TM), LLC to join its prestigious
Cleantech Index(TM) (AMEX: CTIUS) of public cleantech companies, effective
June 30, 2008.
The Cleantech Group's Cleantech Index is the first, and only, equity
index to offer investors and index licensees an easy, liquid and
cost-effective way to track and invest in the broad cleantech category.
Unlike indices that specifically track narrow sectors such renewable energy
or water, the Cleantech Index includes the leading companies from a broad
range of sectors such as advanced materials, agriculture, transportation,
manufacturing, in addition to energy efficiency, renewables and water.
Now comprised of 76 publicly traded companies, the Cleantech Index is the
industry gold standard upon which a growing range of financial products are
based. In 2007, the Index outperformed the S&P 500 Index by 37.4%, over the
last 12 months by 26.3%, and in 2008 (through June 27) by 6.5%.
"ARCADIS is the world's leading provider of environmental services to
private sector companies, and as such it is logical that we are now included
in this index," says ARCADIS CEO Harrie Noy. "In addition, we have a stated
goal of becoming the global leader in sustainability in our business, further
underlining the right choice Cleantech has made."
"ARCADIS' addition to the Cleantech Index reflects the significance of
the company to global cleantech investors," said Rafael Coven, Managing
Director of Cleantech Indices for the Cleantech Group, LLC, and Index
Advisor.
With its inclusion in the Cleantech Index, ARCADIS is also now being
traded in funds based upon CTIUS, including the PowerShares Cleantech
Portfolio ETF (Amex: PZD) and KSM Cleantech ETF (Bloomberg: KSMCLNT:IT) in
Israel, among others.
About ARCADIS
ARCADIS is an international company providing consultancy, design and
engineering and management services in infrastructure, environment and
buildings, to enhance mobility, sustainability and quality of life. ARCADIS
develops, designs, implements, maintains and operates projects for companies
and governments. With more than 13,500 employees and EUR 1.5 billion in gross
revenue, the company has an extensive international network that is supported
by strong local market positions. Visit us on the internet:
http://www.arcadis-global.com
About the Cleantech Group, LLC
The Cleantech Group pioneered the cleantech investment category in 2002.
Today, it accelerates the development and market adoption of clean
technologies globally through membership in the largest global network of
investors and companies, representing more than US$3 trillion in assets.
Member investors, growth companies/vendors, enterprises, service providers,
and others receive access to capital, investment opportunities, market
leading research and data, insight, sales opportunities, human capital, and
promotional opportunities. The Cleantech Group also produces the premier
Cleantech Forum events worldwide. Details at http://www.cleantech.com.
For more information on the Cleantech Index:
http://www.cleantechindex.com/
ARCADIS NV
For more information on ARCADIS, contact: Joost Slooten at +31-26-3778604; or e-mail at j.slooten@arcadis.nl
PROGNOSIS Ready for HP's New NonStop Blade Servers
DENVER, July 10 /PRNewswire/ --
Following HP's launch of the industry's first fault-tolerant blade server
running HP NonStop, Integrated Research (ASX: IRI) today announced that its
PROGNOSIS performance monitoring software is ready to support the needs of
customers adopting this new server technology.
The new HP Integrity NonStop NB50000c BladeSystem supports high
transaction volumes with all the advantages of the NonStop platform. These
new systems now offer twice the performance of existing NonStop server
offerings at half the footprint, delivering the lowest total cost of
ownership of any server in its class.
"Management of the HP NonStop server environment is a major part of our
business and we are committed to ongoing support of new technology in this
market," said Ben Berger, PROGNOSIS product manager for HP NonStop and
distributed server product lines.
"Some of our customers handle transactions valued at trillions of dollars
a day, so these NonStop blade servers will be deployed into the most business
critical and complex IT environments. These companies simply cannot tolerate
downtime or reduction in server performance. By supporting this new server
platform, PROGNOSIS will allow companies using this hardware to have the best
NonStop performance management solution available."
Integrated Research has now commenced a Beta program with a number of key
customers, including many world-leading financial exchanges in the US and
Asia.
"We have long used PROGNOSIS to monitor the performance and availability
of our critical applications," said Charles Tang of the Hong Kong Stock
Exchange - a participant in the PROGNOSIS Beta program. "Knowing that we can
continue to rely on PROGNOSIS from day one if we decide to migrate to the new
blade servers is a great comfort."
Support for the new blade servers will be generally available following
successful completion of the Beta program.
About PROGNOSIS and Integrated Research
Integrated Research - the people behind PROGNOSIS - is a publicly listed
company with a 19-year heritage of providing performance monitoring software
for business-critical computing and IP telephony environments.
For more information visit the PROGNOSIS website: www.prognosis.com
Media contact:
Belinda York
Vice President Global Marketing
PROGNOSIS - by Integrated Research
t: +61-(2)-9921-1565
e: belinda.york@prognosis.com
w: www.prognosis.com
Web site: http://www.prognosis.com
PROGNOSIS
Belinda York, Vice President Global Marketing, PROGNOSIS - by Integrated Research, +61-(2)-9921-1565, belinda.york@prognosis.com
Zumwalt Team Achieves Software Certification Milestone
TEWKSBURY, Mass., July 10, 2008 /PRNewswire/ -- Raytheon Company has achieved another significant program milestone for the Zumwalt-class destroyer.
The company successfully completed the U.S. Navy software certification panel for the Total Ship Computing Environment (TSCE) Release 4, verifying readiness to proceed to the next phase of software development.
The software certification panel was composed of a diverse set of Navy "Technical Warrant Holders" who assessed the team's overall readiness to proceed to software Release 5, using Release 4 as the baseline. The panel members were impressed with the processes in place and commended the Zumwalt team for the breadth of topics and technical details included in the comprehensive review.
This success marks the official completion of Zumwalt TSCE software Release 4, with more than one million equivalent lines of code developed, integrated, tested and delivered on schedule - a substantial accomplishment within the overall program.
"With each achievement, we move closer to delivering Zumwalt's advanced and proven capabilities to our warfighters," said Raytheon Integrated Defense System's (IDS) Bob Martin, vice president and deputy of Seapower Capability Systems. "We attribute this success to our collaborative partnership with the U.S. Navy and industry partners."
The panel chairman, Reuben Pitts, Naval Surface Warfare Center's Warfare Systems department head, remarked that the team's processes are seen as "a model for the Navy," adding: "With no reservations, I declare Release 4 closed and will sign a letter authorizing you to proceed to Release 5. Good on all of you."
Zumwalt's TSCE comprises six releases of software, each adding mission capability and robustness to the ship's computing infrastructure. TSCE's modern, open architecture provides an affordable, cost-efficient platform for the reuse of millions of lines of code from existing Navy programs.
The current increment under development, Release 5, introduces surface warfare, integrated undersea warfare, information operations and general naval operations capabilities to the combat system and also provides the framework to support the ship's engineering control system. In addition, multi-mission engagement support is significantly enhanced with the addition of post-launch missile support for both Evolved SeaSparrow Missile and Standard Missile, as well as the full capabilities of the Close-in-Gun System and Advanced Gun System.
Software is being simultaneously developed by the Zumwalt National Team, geographically dispersed across 25 locations, representing the combined efforts of 80 different companies. Raytheon performs software work for the Zumwalt program at a number of IDS mission centers across the country, including IDS Headquarters, Tewksbury, Mass.; Seapower Capability Center, Portsmouth, R.I.; Surveillance and Sensors Center, Sudbury, Mass.; Expeditionary Warfare Center, San Diego, Calif.; as well as several other Raytheon facilities.
Under the Navy's DDG 1000 Detail Design and Integration contract awarded in 2005, Raytheon IDS serves as the prime mission systems equipment integrator for all electronic and combat systems for the Zumwalt-class destroyer program. Working with the Navy and a team of industry leaders, IDS is leading the effort to transform the Navy's ship requirements to reality. For more information, visit http://www.raytheon.com/products/ddg_1000.
Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Contact:
Carolyn Beaudry
401.842.3550
Raytheon Company
CONTACT: Carolyn Beaudry for Raytheon Company, +1-401-842-3550
Web site: http://www.raytheon.com/ http://www.raytheon.com/products/ddg_1000
Image Sensing Systems Announces Extension to Econolite Distribution Agreement
SAINT PAUL, Minn., July 10 /PRNewswire-FirstCall/ -- Image Sensing Systems, Inc. , announced today that it had reached an agreement with its exclusive North American distributor for Autoscope(R), Econolite Control Products, Inc., to extend the current agreement.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO)
Under an amendment to the Manufacturing, Distributing and Technology License Agreement, the term of the agreement, which was set to expire in 2011 has been extended to 2031 with either party being allowed to cancel the agreement with three years' notice. The amendment includes additional non-financial modifications.
Ken Aubrey, CEO, said, "Since 1991, Econolite has been our valued partner and has shared our belief in the advantages of computer enabled detection for ITS. They have helped us become the leaders in machine-vision based detection for intersection control in North America with our Autoscope family of products. We are fortunate to be a part of the premier distribution channel in our market."
Added Mike Doyle, CEO of Econolite, "We value Image Sensing for consistently delivering new and exciting technology that keeps us ahead of the competition. Recently, it was Autoscope Terra(TM), with its Ethernet over power design, MPEG-4 streaming and Internet connectivity. And we are anxiously awaiting the hybrid machine-vision/radar offering, which we believe will set a significantly higher standard for performance and functionality and open previously untapped segments of the market."
About Image Sensing
Image Sensing Systems, Inc. is a technology company specializing in software-based detection solutions for the Intelligent Transportation Systems (ITS) sector and adjacent overlapping markets. Our industry leading computer enabled detection (CED) products, including the Autoscope(R) machine-vision family and the RTMS(R) radar family, combine embedded software signal processing with sophisticated sensing technologies for use in transportation and safety/surveillance management. CED is a group of technologies in which software, rather than humans, examines the outputs of complex sensors to determine what is happening in the field of view in real-time. With more than 80,000 instances sold in over 60 countries worldwide, our depth of experience coupled with breadth of product portfolio uniquely positions us to provide powerful hybrid technology solutions and to exploit the convergence of the traffic, security and environmental management markets. We are headquartered in St. Paul, Minnesota. Visit us on the web at http://imagesensing.com/.
Safe Harbor Statement: Statements made in this release concerning the Company's or management's intentions, expectations, or predictions about future results or events are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements reflect management's current expectations or beliefs, and are subject to risks and uncertainties that could cause actual results or events to vary from stated expectations, which variations could be material and adverse. Factors that could produce such a variation include, but are not limited to, the following: the inherent unreliability of earnings, revenue and cash flow predictions due to numerous factors, many of which are beyond the Company's control; developments in the demand for the Company's products and services; relationships with the Company's major customers and suppliers; unanticipated delays, costs and expenses inherent in the development and marketing of new products and services; the impact of governmental laws and regulations; and competitive factors. Our forward-looking statements speak only as of the time made, and we assume no obligation to publicly update any such statements. Additional information concerning these and other factors that could cause actual results and events to differ materially from the Company's current expectations are contained in the Company's reports and other documents filed with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2007.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Image Sensing Systems, Inc.
CONTACT: Greg Smith, Chief Financial Officer of Image Sensing Systems, Inc., +1-651-603-7700
Web site: http://www.imagesensing.com/
ChoicePoint's VitalChek to Administer All Expedited Vital Records Orders for State of Connecticut
BRENTWOOD, Tenn., July 10 /PRNewswire-FirstCall/ -- VitalChek Network Inc. ( http://www.vitalchek.com/ ), a ChoicePoint(R) company and America's leading source for government-issued birth certificates and other vital records, has signed a contract with the Connecticut Department of Public Health State Vital Records office to administer expedited requests for birth certificate, death certificate, marriage and civil union records. VitalChek will also handle all expedited applications Connecticut receives by mail. This is the second time that VitalChek has secured an agreement to process a state's mail requests, in addition to phone and Internet orders. The first was New Jersey's state registrar's office.
A trusted provider of state-of-the-art applicant verification and authentication methods that helps restrict non-entitled persons' access to government records, VitalChek makes it safe and convenient to order official copies of vital record documents. The VitalChek system includes safeguards that protect the privacy of customers and help prevent fraud and identity theft. These safeguards will be followed, along with Connecticut's laws and requirements for access to assure confidentiality and security.
"The services we provide for the Connecticut vital records office include collecting, processing and authenticating vital record applications and all related follow-up work," said Billy Burns, VitalChek's vice president of strategic sales. "Now, no matter how orders are received, everyone will have access to secure and expedited service."
VitalChek's services are available via the Internet and phone 24-hours a day, seven days a week.
About VitalChek
VitalChek Network Inc., a ChoicePoint company, is America's first online remote ordering service for life's important documents. For nearly 20 years, VitalChek has provided an affordable, easy and reliable way to obtain official government vital records as an official service provider for more than 600 government agencies throughout the United States and its Territories, safely delivering millions of important documents every year. VitalChek is the preferred source for online birth certificates for congressional offices, passport acceptance agencies, travel agencies, major airlines and cruise lines, post offices, school administrators, tour operators, department of defense and military recruiters, sports organizations, hospitals, public health agencies and courts and social services agencies. Additional information is available at http://www.vitalchek.com/ .
About ChoicePoint
ChoicePoint provides businesses, government agencies and non-profit organizations with technology, software, information and marketing services to help manage economic risks as well as identify business opportunities. Consumers have free access to the reports we create at http://www.choicetrust.com/ . Learn what we do to protect consumer privacy by visiting http://www.privacyatchoicepoint.com/ and, for more information on our company, go to http://www.choicepoint.com/ .
ChoicePoint and the ChoicePoint logo are registered trademark of ChoicePoint Asset Company LLC.
ChoicePoint
CONTACT: Kimberly Tate-Nuwar of ChoicePoint, +1-770-752-3985, kimberly.tate-nuwar@choicepoint.com
Web site: http://www.choicepoint.com/ http://www.vitalchek.com/ http://www.choicetrust.com/ http://www.privacyatchoicepoint.com/
Rentrak Retail Essentials and Home Video Essentials Announces Top DVD Sales and Rentals for Week Ending July 6, 2008
LOS ANGELES, July 10 /PRNewswire-FirstCall/ -- Rentrak Retail and Home Video Essentials, business units of Rentrak Corporation , today announced the Top 10 DVD sales and rentals for the prior week based on estimated consumer spending.
According to the company's proprietary tracking services, the ten top selling DVDs and the top ten most rented motion pictures, per data collected for the week ending July 6, 2008 include:
Rentrak Top 10 Selling DVDs*
RANK TITLE STUDIO WEEKS IN RELEASE
1 Tyler Perry's Meet The Browns LNG 1
2 Vantage Point SNY 1
3 10,000 BC WAR 2
4 The Spiderwick Chronicles PAR 2
5 Drillbit Taylor DWK 1
6 Definitely, Maybe UNI 2
7 Jumper FOX 4
8 Fool's Gold WAR 3
9 National Treasure 2: Book of Secrets DIS 7
10 The Bucket List WAR 4
* Week ended July 5, 2008
Rentrak Top 10 Renting DVDs
RANK TITLE STUDIO WEEKS IN RELEASE
1 Vantage Point SNY 1
2 Drillbit Taylor DWK 1
3 10,000 BC WAR 2
4 Fool's Gold WAR 3
5 The Bucket List WAR 4
6 Definitely, Maybe UNI 2
7 The Spiderwick Chronicles PAR 2
8 Jumper FOX 4
9 Tyler Perry's Meet The Browns LNG 1
10 Welcome Home, Roscoe Jenkins UNI 3
About Retail Essentials(R)
Retail Essentials measures weekly consumer sales activity on standard DVD and Blu-ray Disc titles in the U.S. brick-and-mortar channel. No other service provides faster access to in-depth market data and weekly estimations of gross consumer spending. Rentrak delivers sell-through data broken down by DVD title, format, category, genre, TV market and more, within 72 hours after the close of each business week. Clients can access current, weekly, and historical title sales data to competitively benchmark industry performance.
About Home Video Essentials(R)
Home Video Essentials is Rentrak's exclusive point-of-sale (POS) tracking system, which measures title-level performance via rental transactions on over 65,000 DVD and video game properties in the brick-and-mortar, online, and kiosk channels across North America. Rentrak is the world's largest processor of rental data, tracking in excess of one billion transactions each year from more than 13,700 storefronts within 72 hours after the close of each business week. Clients are able to identify consumer trends, quantify performance, and benchmark findings against the broader business sector.
About Rentrak Corporation
Rentrak Corporation, based in Portland, Oregon, is an information management company serving clients in the media, entertainment, retail, advertising and manufacturing industries. The company's Entertainment Essentials(R) suite of services is redefining media measurement in the digital broadband era. Entertainment Essentials provides customers with near-real- time, actionable insight into performance of content distributed over a wide variety of modern media technologies. Available by license or subscription, each Entertainment Essentials application allows executives to analyze detailed industry-wide and title-specific data to make decisions that enhance the bottom line and provide competitive advantage. For further information, please visit Rental's corporate Web site at http://www.rentrak.com/.
Contacts: Sallie Olmsted/Amanda Bartz
Rentrak Corporation
310-854-8124/8151
Rentrak
CONTACT: Sallie Olmsted, +1-310-854-8124, or Amanda Bartz, +1-310-854-8151, both of Rentrak Corporation
Web site: http://www.rentrak.com/
Sonus and VeriSign(R) Communications Services Enable Operators to Provide Cost Effective Number PortabilitySuccessful Interoperability Testing Delivers Choice To Operators To Run Queries Over IP-Based Networks
WESTFORD, Mass., July 10 /PRNewswire-FirstCall/ -- Sonus Networks , a market leader in IP communications infrastructure, today announced that VeriSign, the trusted provider of Internet infrastructure services for the networked world, has successfully demonstrated interoperability testing that will allow wireless, wireline and cable operators the ability to run number portability queries over IP-based networks.
The introduction of number portability regulation by many governments has, in some cases, increased the resources needed by carriers to complete the accurate transfer of calls. The implementation of Local Number Portability (LNP) has created the need for carriers to perform a LNP Query. This in turn has resulted in an elevated use of the carrier's SS7 networks, and in some cases necessitates the need to purchase additional SS7 network capacity.
"Minimizing cost continues to be a driving force behind the migration to IP," said Paul Florack, vice president of network and database services, VeriSign Communications Services Division. "Use of the VeriSign(R) Number Identity Registry for real-time location routing number discovery leverages our ENUM infrastructure, and its complete, up-to-date, portability-corrected record of the entire North American Number Plan (NANP)."
Sonus has implemented an IP-based LNP Query mechanism, ENUM-LNP, as an inexpensive alternative to the traditional SS7-based LNP Query. The IP transported LNP Query is served by the VeriSign Number Identity Registry.
"Historically, number portability queries were taking place on traditional networks, increasing resources required to fulfill the process," commented Vikram Saksena, CTO at Sonus Networks. "By eliminating the need for legacy SS7 Service Control Points and related signaling interfaces, Sonus solutions can reduce operational costs associated with number portability implementations. We added this functionality in the most recent release of the Sonus multimedia platform and we are pleased to announce interoperability with VeriSign to enable more carriers to leverage one solution to manage their entire network, both legacy and IP-based."
Sonus' complete Local and Mobile Number Portability solutions, which are currently deployed in North America, Europe and Asia, support a variety of number portability routing methods, including traditional SS7 TCAP/INAP (Transactional Capabilities Application Part/Intelligent Network Application Part), ENUM, or direct hosting of a local number portability routing database.
About VeriSign
VeriSign, Inc. is the trusted provider of Internet infrastructure services for the networked world. Billions of times each day, VeriSign helps companies and consumers all over the world engage in communications and commerce with confidence. Additional news and information about the company is available at http://www.verisign.com/.
About Sonus Networks
Sonus Networks, Inc. is a market leader in IP communications infrastructure for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com/.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Quarterly Report on Form 10-Q for the period ended March 31, 2008, filed with the SEC, which identifies important risk factors that could cause actual results to differ from those contained in the forward- looking statements. Risk factors include among others: the impact of material weaknesses in our disclosure controls and procedures and our internal control over financial reporting on our ability to report our financial results timely and accurately; the unpredictability of our quarterly financial results; risks and uncertainties associated with the Company's restatement of its historical stock option granting practices and accounting including regulatory actions or litigation; risks associated with our international expansion and growth; consolidation in the telecommunications industry; and potential costs resulting from pending securities and patent litigation against the Company. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so, except as required by law.
Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
VeriSign, the VeriSign logo, the checkmark circle, and other trademarks, service marks, and designs are registered or unregistered trademarks of VeriSign, Inc., and its subsidiaries in the United States and in foreign countries. All other trademarks are property of their respective owners.
For more information, please contact:
Media Relations: Racepoint For Sonus:
Lucy Millington Danielle Stead
978-614-8240 781-487-4615
lmillington@sonusnet.com sonus@racepointgroup.com
Sonus Networks, Inc.
Contact: Lucy Millington of Sonus Networks, Inc., +1-978-614-8240, lmillington@sonusnet.com; or Danielle Stead of Racepoint, +1-781-487-4615, sonus@racepointgroup.com, for Sonus
Web site: http://www.sonusnet.com/ http://www.verisign.com/ http://www.sonusnet.com/contents/home/home.cfm
WEGENER Closes Sale of Selected Patents and Patent Applications for $1 MillionRetains royalty-free usage for products and services
DULUTH, Ga., July 10 /PRNewswire-FirstCall/ -- Wegener Corporation , a leading provider of equipment for television, audio and data distribution networks worldwide, today announced that WEGENER has completed the previously announced sale of selected patents and patent applications to EPAX Consulting Limited Liability Company for net proceeds of approximately $1,075,000. The patents and patent applications sold relate to the areas of product distinction, system architecture and IP networking. WEGENER will continue to utilize worldwide non-exclusive rights under the patents for use in both existing and future WEGENER products.
"WEGENER is committed to continually reviewing our technology portfolio for strategic product development partnerships, OEM agreements and/or technology sales to benefit our customers and shareholders," stated Robert Placek, Chairman and CEO of Wegener Corporation. "This sale is an example of a strategic transaction to monetize our patent portfolio without otherwise harming our business or prospects."
The sale closed on July 3, 2008 and will be reflected in Wegener Corporation's financial results for the current fiscal fourth quarter, which ends August 29, 2008.
ABOUT WEGENER
WEGENER(R) (Wegener Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation , is an international provider of digital solutions for video, audio, and IP data networks. Applications include IP data delivery, broadcast television, cable television, radio networks, business television, distance education, business music and financial information distribution. Compel(R), WEGENER's patented network control system, provides networks with unparalleled ability to regionalize programming and commercials. Compel(R) network control capability is integrated into WEGENER(R) digital satellite receivers. WEGENER(R) can be reached at +1.770.814.4000 or on the World Wide Web at http://www.wegener.com/.
WEGENER, COMPEL, COMPEL CONTROL, iPUMP, MEDIAPLAN, UNITY, ASSURED FILE DELIVERY, PANDA, PROSWITCH, VIDATA, the stylized W-design logo (for WEGENER(R)), the stylized C-design logo (for Compel(R)) and the stylized PANDA design logo are all registered trademarks of WEGENER(R). All Rights Reserved.
This news release may contain forward-looking statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995, and the Company intends that such forward-looking statements are subject to the safe harbors created thereby. Forward-looking statements may be identified by words such as "believes," "expects," "projects," "plans," "anticipates," and similar expressions, and include, for example, statements relating to expectations regarding future sales, income and cash flows. Forward-looking statements are based upon the Company's current expectations and assumptions, which are subject to a number of risks and uncertainties including, but not limited to: customer acceptance and effectiveness of recently introduced products, development of additional business for the Company's digital video and audio transmission product lines, effectiveness of the sales organization, the successful development and introduction of new products in the future, delays in the conversion by private and broadcast networks to next generation digital broadcast equipment, acceptance by various networks of standards for digital broadcasting, the Company's liquidity position and capital resources, general market conditions which may not improve during fiscal year 2008 and beyond, and success of the Company's research and development efforts aimed at developing new products. Discussion of these and other risks and uncertainties are provided in detail in the Company's periodic filings with the SEC, including the Company's most recent Annual Report on Form 10-K. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. Forward-looking statements speak only as of the date the statement was made. The Company does not undertake any obligation to update any forward-looking statements.
PRESS CONTACT:
Robin Hoffman
Pipeline Communications
(973) 746-6970
e-mail: robinhoffman@pipecomm.com
INVESTOR RELATIONS CONTACT:
Troy Woodbury - Investor Relations
WEGENER
(770) 814-4000
FAX (770) 623-9648
e-mail: info@wegener.com
Wegener Corporation
CONTACT: Troy Woodbury, Investor Relations, WEGENER, +1-770-814-4000, fax +1-770-623-9648, info@wegener.com; or Robin Hoffman of Pipeline Communications, +1-973-746-6970, robinhoffman@pipecomm.com, for Wegener Corporation
Web site: http://www.wegener.com/
Prepay Customers Can Now Let Their Fingers Do the Talking on America's Most Reliable Wireless NetworkNew Messaging Bundle Available To Prepay Customers
BASKING RIDGE, N.J., July 10 /PRNewswire/ -- Beginning July 14, Verizon Wireless prepay customers can get unlimited text, picture and video messaging to more than 67 million Verizon Wireless customers nationwide, plus get an additional 250 text, picture and video messages a month for just $10 a month.
"The addition of our new messaging bundle for prepay gives our customers the freedom to send and receive messages at an affordable monthly rate," said Jeff Dietel, vice president -- marketing operations for Verizon Wireless. "Messaging has become a natural and effective form of communication for our customers, and by offering these bundles we can offer our prepay customers access to the benefits of Verizon Wireless' messaging services which, like their voice calls, run on the nation's most reliable wireless network."
INpulse prepaid wireless plans from Verizon Wireless offer customers many of the same service options enjoyed by customers who sign annual contracts. With rates as low as 2 cents per minute for voice calls and text messages, customers can choose from three plans: INpulse Core, INpulse Plus and INpulse Power. The plans charge customers an access fee only on the days of use and include Unlimited IN Calling to Verizon Wireless customers in hundreds of major metropolitan areas. INpulse customers also have the ability to pay for songs downloaded over-the-air through V CAST Music and purchase ringtones, ringback tones, Mobile Web, games and other applications, such as VZ Navigator(SM), using funds in their INpulse accounts.
Current prepay customers who wish to add the new messaging bundle to their existing prepay plan can do so in any of the following ways:
-- From their handsets by pressing the "Up" directional key to access My Verizon
-- Online at http://www.verizonwireless.com/ and accessing My Verizon
-- Any Verizon Wireless Communications Store or authorized retailer
-- Prepay Customer Service by dialing *611 from their Verizon Wireless phone or calling 888-294-6804
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Brenda Boyd Raney of Verizon Wireless, +1-908-559-7518, Brenda.Raney@verizonwireless.com
Web site: http://www.verizonwireless.com/ http://www.verizonwireless.com/multimedia
Bonso Electronics Reports Sale of Office Suite in Hong Kong
TORTOLA, British Virgin Island, July 10 /Xinhua-PRNewswire-FirstCall/ -- Bonso Electronics International, Inc a designer and manufacturer of sensor based and communications products, today announced the sale of its office suite in Hong Kong.
The company reported that the office suite located at Unit 1106-1110, 11/F, Star House, 3 Salisbury Road, Tsimshatsui, Kowloon, Hong Kong, was sold on March 31, 2008. The selling price was USD 4,875,513 and the gain from this sale was USD 3,123,983. This office suite was sold in order to minimize the maintenance fee, and the cash received will be reserved for future development and investment.
Starting from March 31, 2008, the Hong Kong office is located at Unit 1915-1916, 19/F, Delta House, 3 On Yiu Street, Shek Mun, Shatin, Hong Kong, which is a rented suite.
About Bonso Electronics
Bonso Electronics designs, develops, manufactures, assembles and markets a comprehensive line of telecommunications products, electronic scales and weighing instruments and health care products. Bonso products are manufactured in the People's Republic of China for customers primarily located in North America and Europe. Company services include product design and prototyping, production tooling, procurement of components, total quality management, and just-in-time delivery. Bonso also independently designs and develops electronic products for private label markets. For further information, visit the company's web site at http://www.bonso.com/ .
This news release includes forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward looking statements may be identified by such words or phrases "should," "intends," "is subject to," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "we believe," "future prospects," or similar expressions. The forward-looking statements above involve a number of risks and uncertainties. Factors that might cause actual results to differ include, but are not limited to conditions in the general economy and in the markets served by the Company; competitive factors, such as price pressures and the potential emergence of rival technologies; interruptions of suppliers' operations affecting availability of component materials at reasonable prices; timely development and market acceptance, and warranty performance of new products; changes in product mix, costs and yields, fluctuations in foreign currency exchange rates; uncertainties related to doing business in Hong Kong and China; and the risk factors listed from time to time in the Company's SEC reports. Forward-looking statements do not include the impact of acquisitions or dispositions of assets, which could affect results in the near term. Actual results may differ materially. The Company assumes no obligation to update the information in this issue.
For more information please contact:
Albert So
Financial Controller
Tel: +852-2605-5822
Fax: +852-2691-1724
Bonso Electronics International, Inc
CONTACT: Albert So of Bonso, +852-2605-5822, fax +852-2691-1724
Web site: http://www.bonso.com/
Wegener Corporation Reports Results for Third Quarter of Fiscal 2008
DULUTH, Ga., July 10 /PRNewswire-FirstCall/ -- Wegener Corporation , a leading provider of products for television, audio and data distribution networks worldwide, today announced financial results for the third quarter of fiscal 2008 ended May 30, 2008.
Third quarter revenues for fiscal 2008 were $4.4 million compared to $6.2 million reported in the same period of fiscal 2007. Revenues for the first nine months of fiscal 2008 were $16.1 million compared to $15.8 million for the same period in fiscal 2007. The Company reported a net loss of $(775,000) or $(0.06) per share for the third quarter of fiscal 2008. This compares to net earnings of $251,000 or $0.02 per share for the same period in fiscal 2007. Operating results for the first nine months of fiscal 2008 were a net loss of $(489,000) or $(0.04) per share compared to a net loss of $(895,000) or $(0.07) per share during the same period in fiscal 2007.
WEGENER's eighteen-month backlog was $8.2 million at May 30, 2008, compared to $7.7 million at June 1, 2007. The total multi-year backlog at May 30, 2008 was approximately $13.6 million compared to $15.3 million at June 1, 2007. Bookings for the third quarter of fiscal 2008 were $1.9 million compared to $4.7 million for the same period in fiscal 2007.
"Large projects contribute about two-thirds of our total yearly revenue," stated Robert Placek, Chairman and CEO of WEGENER Corporation. "Obviously, this leads to very cyclical revenue and the third quarter was unfortunately a valley rather than a peak due to some unexpected delays with customer projects and product development. We continue to evaluate ways to expand our customer base to improve the consistency of revenue from quarter to quarter; however, the cyclical nature of our business will likely remain at some level.
"Due to the challenging business conditions facing WEGENER, we are scaling the company to make it more efficient for this environment. We do not expect to cut capacity significantly in order to achieve the needed scale."
Ned L. Mountain, President and COO of WEGENER(R) stated, "We believe our new products on which we are just completing development will generate solid revenue going forward. MPEG-4 video compression technology is proving to be a critical buying criterion for media companies and private network operators. Our first iPump(R) product incorporating MPEG-4 technology was just fielded in the third quarter and we expect additional revenue from that product."
Wegener Corporation will host a conference call to discuss its financial results at 4:30 P.M. Eastern Daylight Time on Thursday, July 10, 2008. To join the conference call, dial 1-866-510-0704 or 1-617-597-5362 and enter participant code 32420216. Wegener Corporation intends to discuss financial and other operational information on this conference call. This call is being webcast by Thomson/CCBN. It will be archived on WEGENER's website at http://www.wegener.com/ and the replay will be available within one hour after the conference call.
ABOUT WEGENER
WEGENER (Wegener Communications, Inc.), a wholly-owned subsidiary of Wegener Corporation , is an international provider of digital solutions for video, audio, and IP data networks. Applications include IP data delivery, broadcast television, cable television, radio networks, business television, distance education, business music and financial information distribution. COMPEL(R), WEGENER's patented network control system, provides networks with unparalleled ability to regionalize programming and commercials. COMPEL(R) network control capability is integrated into WEGENER digital satellite receivers. WEGENER can be reached at +1.770.814.4000 or on the World Wide Web at http://www.wegener.com/.
WEGENER, COMPEL, COMPEL CONTROL, iPUMP, MEDIAPLAN, UNITY, ASSURED FILE DELIVERY, PANDA, PROSWITCH, VIDATA, the stylized W-design logo (for WEGENER), the stylized C-design logo (for Compel) and the stylized PANDA design logo are all registered trademarks of WEGENER(R). All Rights Reserved.
This news release may contain forward-looking statements within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995, and the Company intends that such forward- looking statements are subject to the safe harbors created thereby. Forward-looking statements may be identified by words such as "believes," "expects," "projects," "plans," "anticipates," and similar expressions, and include, for example, statements relating to expectations regarding future sales, income and cash flows. Forward-looking statements are based upon the Company's current expectations and assumptions, which are subject to a number of risks and uncertainties including, but not limited to: customer acceptance and effectiveness of recently introduced products, development of additional business for the Company's digital video and audio transmission product lines, effectiveness of the sales organization, the successful development and introduction of new products in the future, delays in the conversion by private and broadcast networks to next generation digital broadcast equipment, acceptance by various networks of standards for digital broadcasting, the Company's liquidity position and capital resources, general market conditions which may not improve during fiscal year 2008 and beyond, and success of the Company's research and development efforts aimed at developing new products. Discussion of these and other risks and uncertainties are provided in detail in the Company's periodic filings with the SEC, including the Company's most recent Annual Report on Form 10-K. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. Forward-looking statements speak only as of the date the statement was made. The Company does not undertake any obligation to update any forward-looking statements.
PRESS CONTACT:
Robin Hoffman
Pipeline Communications
(973) 746-6970
e-mail: robinh@pipecomm.com
INVESTOR RELATIONS CONTACT:
Troy Woodbury - Investor Relations
WEGENER
(770) 814-4000
FAX (770) 623-9648
info@wegener.com
WEGENER CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in $000's except share data)
May 30, August 31,
2008 2007
(Unaudited)
Assets
Current assets
Cash and cash equivalents $7 $7
Accounts receivable, net 3,468 5,172
Inventories, net 5,725 3,380
Other 308 195
Total current assets 9,508 8,754
Property and equipment, net 1,782 1,778
Capitalized software costs, net 1,181 1,242
Other assets 551 684
Land held for sale 354 354
Total assets $13,376 $12,812
Liabilities and Shareholders' Equity
Current liabilities
Bank line of credit $2,001 $2,016
Accounts payable 2,550 1,145
Accrued expenses 1,925 2,609
Deferred revenue 2,051 774
Customer deposits 934 1,871
Total current liabilities 9,461 8,415
Commitments and contingencies
Shareholders' equity
Common stock, $.01 par value;
20,000,000 shares authorized;
12,647,051 and 12,647,051 shares
respectively, issued and outstanding 127 127
Additional paid-in capital 20,006 19,999
Deficit (16,218) (15,729)
Total shareholders' equity 3,915 4,397
Total liabilities and shareholders' equity $13,376 $12,812
WEGENER CORPORATION AND SUBSIDIARIES
Summarized Operations Data
(in $000's except per share amounts)
(Unaudited)
Three Months Ended Nine Months Ended
May 30, June 1, May 30, June 1,
2008 2007 2008 2007
Revenues, net $4,393 $6,247 $16,085 $15,801
Net (loss) earnings $(775) $251 $(489) $(895)
Net (loss) earnings per share
Basic $(0.06) $0.02 $(0.04) $(0.07)
Diluted $(0.06) $0.02 $(0.04) $(0.07)
Shares used in per share calculation
Basic 12,647 12,647 12,647 12,603
Diluted 12,647 12,691 12,647 12,603
Wegener Corporation
CONTACT: Troy Woodbury, Investor Relations, Wegener, +1-770-814-4000, fax +1-770-623-9648, info@wegener.com; or media, Robin Hoffman of Pipeline Communications, +1-973-746-6970, robinh@pipecomm.com
Web site: http://www.wegener.com/
iPhone 3G on Sale TomorrowOver 500 Native Applications for iPhone & iPod touch Available at Launch
CUPERTINO, Calif., July 10 /PRNewswire-FirstCall/ -- Apple(R) today announced that more than 500 native applications will be available on the iPhone's App Store when Apple's iPhone(TM) 3G goes on sale tomorrow. Apple's iPhone provides a breakthrough mobile platform for developers, who have created an incredible array of innovative applications such as stunning action games, advanced medical applications and robust productivity tools for the enterprise. These apps will be available on Apple's revolutionary new App Store, enabling customers to wirelessly download them directly onto their iPhones and start using them immediately. More than 125 applications are being offered to iPhone customers for free.
The new iPhone 3G combines all the revolutionary features of iPhone with 3G networking that is twice as fast*, built-in GPS for expanded location-based mobile services, and iPhone 2.0 software which includes support for Microsoft Exchange ActiveSync and runs hundreds of third party applications available through the new App Store which is a built-in application on every iPhone running iPhone 2.0 software.
"iPhone represents a new software platform for developers, combining the most advanced mobile operating system, sophisticated developer tools and a breakthrough way for developers to wirelessly sell and distribute their applications right onto every iPhone," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. "The reaction from developers has been very, very positive and we're opening the App Store with over 500 native iPhone applications available for immediate purchase and download."
Many of these amazing new applications also take advantage of iPhone's large display, Multi-Touch(TM) user interface, fast hardware-accelerated 3D graphics, built-in accelerometer and location-based technology to bring far more powerful applications to the mobile arena than ever before.
The App Store on iPhone works over cellular networks and Wi-Fi, which means it is accessible from just about anywhere, so users can purchase and download applications wirelessly and start using them instantly. Applications are free or charged to the user's iTunes(R) account and the App Store notifies the user when updates are available for their apps. The App Store is also available in iTunes (http://www.itunes.com/) running on a Mac(R) or PC, which syncs applications to the iPhone or iPod(R) touch using a USB cable.
The App Store will offer over 500 native applications from hundreds of companies around the world in a variety of categories including games, business, news, sports, health, reference and travel.
"iPhone enables The Associated Press to deliver news in a way that simply wasn't possible before," said Benjamin Mosse, director of Mobile Products, The Associated Press. "Taking advantage of iPhone's revolutionary location-based services, our Mobile News network can capture and store local news stories that can be read by users even when they're offline and our award winning photography and AP video are displayed in stunning clarity on its high resolution screen."
"iPhone is changing the entire mobile industry and has quickly become the number one mobile device for accessing eBay," said Ken G. Sun, group product manager, eBay Mobile. "Users can shop, track bids and get great deals from the largest online marketplace in the world directly from their iPhone. We couldn't deliver such a complete and easy-to-use eBay experience on any other mobile device and iPhone users can download it free from the new App Store."
"iPhone is one of the most popular ways for people to enjoy Facebook on-the-go and we're excited to deliver a great native application via the App Store," said Mark Zuckerberg, CEO of Facebook. "Facebook is even cooler on the iPhone 3G, with the ability to discover friends nearby, or to effortlessly take pictures and upload them instantly to their Facebook account."
"The global MySpace community will love MySpace Mobile on iPhone," said Chris DeWolfe, CEO and Co-Founder of MySpace. "With rich features such as seamless photo uploading from iPhone to your MySpace profile, the MySpace Mobile application is gorgeous and as intuitive as possible-empowering the community with complete control over their global MySpace network right from the palm of their hand."
"Apple's iPhone and iPod touch open up the world of games to an entirely new audience," said David Cobb, vice president of Product Development, Sega. "The touch and tilt controls are natural and easy to learn, making gaming even more inviting, creative and rewarding. Super Monkey Ball takes advantage of these defining aspects and offers consumers an extremely accessible, imaginative and fun game experience. Whether an iPhone owner is new to games, or has been a fan for years, they will be intrigued and engaged by Super Monkey Ball and this progressive way to interact with entertainment."
"With an iPhone in your pocket, you'll never roam alone," said Jeffrey Glueck, CMO of Travelocity. "From finding the nearest hotel with just a few taps to checking your flight status in a snap, the magic of iPhone lets us put tools that no one has ever seen before in the hands of travelers."
In addition to the App Store, the iPhone 2.0 software update includes enterprise support, contact search, complete iWork(R) and MS Office document viewing support, the ability to delete or move emails in bulk, saving images from emails, a scientific calculator, parental controls and support for 16 additional languages.
Pricing & Availability
iPhone 3G will be available in the US on July 11 for a suggested retail price of $199 (US) for the 8GB model and $299 (US) for the 16GB model in both Apple and AT&T's retail stores and requires a new two-year contract with AT&T for qualifying customers**. The App Store will be available beginning today via iTunes 7.7 and part of the free iPhone 2.0 software update for all iPhone customers on July 11. iPhone 2.0 is also available for iPod touch users for $9.95. iPhone 3G will be available in 21 countries- Australia, Austria, Belgium, Canada, Denmark, Finland, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, UK and the US-on July 11. iPhone 3G will go on sale in France on July 17. For further information about iPhone 3G pricing and availability in the US and internationally, visit http://www.apple.com/iphone.
*Comparisons between iPhone 3G (8GB) and 1st generation iPhone (8GB) running on EDGE. Actual speeds vary by site conditions.
**Requires new two-year AT&T rate plan, sold separately to qualified customers.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award- winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
(C) 2008 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iPhone, Multi-Touch, iTunes, iPod and iWork are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
Apple
CONTACT: Jennifer Bowcock, +1-408-974-9758, jennifer.b@apple.com, or Simon Pope, +1-408-974-0457, simonp@apple.com, both of Apple
Web site: http://www.apple.com/
SXC Health Solutions announces multi-year, multi-million dollar agreement with major PBM
LISLE, IL, July 10 /PRNewswire-FirstCall/ -- SXC Health Solutions Corp. ("SXC" or the "Company") , a leading provider of pharmacy benefits management technology and services, announces a multi-year, multi-million dollar extension to its software maintenance and professional services agreement, and software license expansion with CVS Caremark Corporation.
The agreement provides CVS Caremark with software maintenance and professional services over a multi-year period along with expanded license rights. SXC has historically provided software maintenance and professional services to CVS Caremark. The scope of the services provided will not change under the new agreement.
"Since 1994, we have supported CVS Caremark or certain of the predecessor organizations; we are proud of our track record with this client and excited about the future prospects of working together," said Mike Bennof, SXC's Executive Vice President of Health Care Information Technology (HCIT). "This announcement validates our business strategy by demonstrating that we remain a valued provider of pharmacy and non-pharmacy related technology and services to a wide variety of health care organizations that manage prescription drug benefit programs."
About SXC Health Solutions Corp.
SXC Health Solutions Corp. is a leading provider of pharmacy benefits management (PBM) services and Health Care Information Technology (HCIT) solutions to the healthcare benefits management industry. The Company's product offerings and solutions combine a wide range of software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as Federal, provincial, and, state and local governments, pharmacy benefit managers, managed care organizations, retail pharmacy chains 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 - Canada, 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
Cooper Notification Announces Partnership with P & P TelecommunicationsP & P Telecommunications expands to include Cooper Notification's Mass Notification Systems
SARASOTA, Fla., July 10 /PRNewswire/ -- Cooper Notification, a platform of Cooper Industries, Ltd., announced today that P & P Telecommunications, Bowling Green, Kentucky, has signed on to be a channel partner. P & P Telecommunications will offer their customers the entire line of Cooper Notification mass notification system (MNS) product solutions, including WAVES (Wireless Audio Visual Emergency System) High Power Speaker Arrays, SAFEPATH indoor voice evacuation system and the Roam Secure Alert Network (RSAN(TM)) emergency text and voice alerting.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080627/CLF049LOGO )
The issue of safety is what caused P & P Telecommunications, previously consisting only of voice, security and video services, to expand into mass notification: "When we became a partner, we felt like we were investing in the best overall solution that we could to provide safety. With the SAFETY Act certification, our system is the only mass notification product approved by the Department of Homeland Security. This act provides legal liability protection for our customers in the event of a terrorist attack," said Jake Goodwin, Vice President of Operations, P & P Telecommunications.
The issue of reliability was also a factor in choosing Cooper Notification: "We wanted to ensure our customers are provided with the most reliable and technologically up-to-date equipment as possible," said Goodwin.
P & P Telecommunications offers Cooper Notification's MNS systems to a wide-array of customers in Kentucky, including schools, corporate campuses, cities and counties, industrial facilities, chemical plants, mass transportation hubs and sports arenas.
"What makes them [Cooper Notification] special is that their MNS has been battle-tested and battle-proven in Iraq by the Department of Defense. In other words, it's been proven to work in some of the most demanding environments," said Goodwin.
P & P Telecommunications is a locally owned and operated company located in Bowling Green, Kentucky, providing voice, security, video and MNS services to Southern Middle Kentucky. Technicians are certified in Nortel BCM 50-400 and Avaya Office Solutions. Owner, Perry Snell, has worked in the Bowling Green market for over 30 years and is a highly skilled veteran in the telecommunications field for both business and home solutions.
As a Cooper Notification Channel Partner, P & P Telecommunications joins a growing number of businesses taking advantage of the opportunity to grow their business through education and sales of Cooper's Mass Notification System (MNS) solutions. Through a partnership with Cooper, Channel Partners will be afforded the opportunity to explore new opportunities and create awareness of the need for MNS solutions and the solutions available. Channel Partners will be provided with access to Cooper's MNS technical experts, layered solutions, training certification program, marketing and sales support.
About Cooper Notification
Cooper Notification, a solution platform of The Cooper Safety Division, is comprised of several businesses with decades of experience and innovation in the development of high quality products and solutions. With the ever present need to protect, alert and inform, Cooper Notification is focused on meeting the growing demand for personnel and property safety. We are the source for notification solutions supporting Fire, Security, Hazardous area, Mass Notification, Voice evacuation and Industrial Signaling applications and operating under the powerful global brands of Fulleon, MEDC, Roam Secure, SAFEPATH, WAVES and Wheelock. For more information, visit the web site at http://www.coopernotification.com/.
About Cooper Industries
Cooper Industries, Ltd. is a global manufacturer with 2007 revenues of $5.9 billion, approximately 87% of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands including: Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is uniquely positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2007, sixty percent of total sales were to customers in the industrial and utility end-markets and 34% of total sales were to customers outside the United States. Cooper, which has more than 31,500 employees and manufacturing facilities in 23 countries as of 2007, is incorporated in Bermuda with administrative headquarters in Houston, TX. For more information, visit the web site at http://www.cooperindustries.com/.
For information contact:
JoLynn Rakow
941-487-2300 ext.2388
Jolynn.rakow@cooperindustries.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080627/CLF049LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Cooper Notification
CONTACT: JoLynn Rakow, +1-941-487-2300 ext. 2388, Jolynn.rakow@cooperindustries.com, for Cooper Notification
Web site: http://www.coopernotification.com/ http://www.cooperindustries.com/
Nokia Completes its Acquisition of NAVTEQ
ESPOO, Finland, July 10 /PRNewswire-FirstCall/ -- Nokia announced today that it has completed its acquisition of NAVTEQ, a leading provider of comprehensive digital map information.
As part of Nokia, NAVTEQ will continue to develop its world-class expertise in the navigation industry, service its strong customer base, and invest in the further development of its industry-leading map data and technology platform. It will continue to build out and expand coverage of countries already included in its database as well as add new pieces of both static and dynamic content.
Powered by NAVTEQ's industry leading maps data, Nokia will redefine the Internet and connected experiences by adding context - time, place, people - to web services optimized for mobility. By bringing context to Internet services, Nokia will lead the next generation of web innovation.
"Nokia and NAVTEQ together make a powerful combination, and customers will benefit as the transaction enables NAVTEQ to accelerate its expansion into new regions and introduce innovative new content. This is an industry poised for further growth and NAVTEQ will play a major role in the field," said Olli-Pekka Kallasvuo, President and CEO, Nokia. "The addition of NAVTEQ comes at the right time for Nokia's business, allowing us to create the leading location platform just as context-aware and location-based Internet services expand rapidly into mobile communications devices."
Judson Green, President and CEO of NAVTEQ, said: "Nokia has a deep understanding of the requirements for the industry. As part of Nokia, NAVTEQ will further invest in its map and content capabilities and make our products and services easier for all our customers to use and access."
NAVTEQ is a leading provider of comprehensive digital map data for automotive navigation systems, mobile navigation devices, Internet-based mapping applications, and government and business solutions. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 3 000 employees located in 168 offices in 30 countries.
"NAVTEQ's map data already play an important role in Nokia Maps service, which brings downloadable maps, voice-guided navigation and other context-aware web services to people's pockets. Now that the acquisition has been completed, this role will become even more important as context-aware Internet services grow," added Niklas Savander, Executive Vice President for Services & Software, Nokia.
Nokia Maps covers over 200 countries, with over 70 of them navigable. Nokia Maps 2.0 has improved its optional Car Navigation, enhanced its pedestrian navigation, added multimedia city guides, offers satellite images, and is sporting a redesigned user interface.
About Nokia
Nokia is the world leader in mobility, driving the transformation and growth of the converging Internet and communications industries. We make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing our offering of consumer Internet services, as well as our enterprise solutions and software, is a key area of focus. We also provide equipment, solutions and services for communications networks through Nokia Siemens Networks.
It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding: A) the timing of product, services and solution deliveries; B) our ability to develop, implement and commercialize new products, services, solutions and technologies; C) expectations regarding market growth, developments and structural changes; D) expectations regarding our mobile device volume growth, market share, prices and margins; E) expectations and targets for our results of operations; F) the outcome of pending and threatened litigation; G) expectations regarding the successful completion of contemplated acquisitions on a timely basis and our ability to achieve the set targets upon the completion of such acquisitions; and H) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "plans," "will" or similar expressions are forward-looking statements. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) competitiveness of our product, service and solutions portfolio; 2) the extent of the growth of the mobile communications industry and general economic conditions globally; 3) the growth and profitability of the new market segments that we target and our ability to successfully develop or acquire and market products, services and solutions in those segments; 4) our ability to successfully manage costs; 5) the intensity of competition in the mobile communications industry and our ability to maintain or improve our market position or respond successfully to changes in the competitive landscape; 6) the impact of changes in technology and our ability to develop or otherwise acquire complex technologies as required by the market, with full rights needed to use; 7) timely and successful commercialization of complex technologies as new advanced products, services and solutions; 8) our ability to protect the complex technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products, services and solution offerings; 9) our ability to protect numerous Nokia and Nokia Siemens Networks patented, standardized or proprietary technologies from third-party infringement or actions to invalidate the intellectual property rights of these technologies; 10) Nokia Siemens Networks' ability to achieve the expected benefits and synergies from its formation to the extent and within the time period anticipated and to successfully integrate its operations, personnel and supporting activities; 11) whether, as a result of investigations into alleged violations of law by some current or former employees of Siemens AG ("Siemens"), government authorities or others take further actions against Siemens and/or its employees that may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks, or there may be undetected additional violations that may have occurred prior to the transfer, or ongoing violations that may have occurred after the transfer, of such assets and employees that could result in additional actions by government authorities; 12) any impairment of Nokia Siemens Networks customer relationships resulting from the ongoing government investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks; 13) occurrence of any actual or even alleged defects or other quality issues in our products, services and solutions; 14) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products, services and solutions; 15) inventory management risks resulting from shifts in market demand; 16) our ability to source sufficient amounts of fully functional components and sub-assemblies without interruption and at acceptable prices; 17) any disruption to information technology systems and networks that our operations rely on; 18) developments under large, multi-year contracts or in relation to major customers; 19) economic or political turmoil in emerging market countries where we do business; 20) our success in collaboration arrangements relating to development of technologies or new products, services and solutions; 21) the success, financial condition and performance of our collaboration partners, suppliers and customers; 22) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Chinese yuan, the UK pound sterling and the Japanese yen, as well as certain other currencies; 23) the management of our customer financing exposure; 24) allegations of possible health risks from electromagnetic fields generated by base stations and mobile devices and lawsuits related to them, regardless of merit; 25) unfavorable outcome of litigations; 26) our ability to recruit, retain and develop appropriately skilled employees; 27) the impact of changes in government policies, laws or regulations; and 28) our ability to effectively and smoothly implement our new organizational structure; as well as the risk factors specified on pages 10-25 of Nokia's annual report on Form 20-F for the year ended December 31, 2007 under "Item 3.D Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
http://www.nokia.com/
Nokia Corporation
CONTACT: Media Enquiries: Nokia, Communications, Tel. +358-7180-34900, Email: press.services@nokia.com
IDO Security Partners with Bryant Integrated Technologies to Bring 'Shoes-On' Weapons Metal Detection System to US ClientsInnovative MagShoe Device Significantly Improves Accuracy of Security Screening for Lower Body and Feet, Without Requiring Shoe Removal
NEW YORK, July 10 /PRNewswire-FirstCall/ -- IDO Security, Inc. (BULLETIN BOARD: IDOI) , developer of the innovative MagShoe(TM) "shoes-on" weapons metal detection system, today announced a distribution partnership with renowned security and consulting firm Bryant Integrated Technologies, headquartered in Miami, FL. Bryant will lead US distribution efforts for the MagShoe, a patented screening device for the shoes and lower body that fills a critical void in the security and loss prevention markets.
MagShoe extends the capabilities of today's security screening technologies to include the lower extremities -- an area not effectively addressed by traditional walkthrough and handheld metal detectors. MagShoe eliminates the hassle of removing shoes for scanning while maximizing security readings of the lower body, from the ankles to the feet. The portable, user-friendly device improves accuracy, reduces wait times and provides clear, immediate results.
"We've provided hundreds of customers with physical and high-tech security solutions, and the feedback we've received about MagShoe has been fantastic," said Gal Ben-David, President of Bryant. "The device is simple and most importantly, it works, with 99 percent accuracy. For airports, banks, government buildings and more, it comes down to complete screening with minimal inconvenience -- exactly what the MagShoe accomplishes."
"We are thrilled to welcome Bryant, with its proven reputation spanning over two decades, to our highly-trusted, highly-refined network of global distributors," said Michael Goldberg, President and Director of IDO Security. "This reinforces our commitment to working with the leaders in security and loss prevention to bring the innovative MagShoe technology to high-security clients worldwide."
About Bryant Integrated Technologies
Headquartered in Miami, FL, Bryant specializes in the planning and execution of high-end security projects and services including physical security, security guards, access control systems, digital recording and transmission systems, network powered video solutions and more. http://www.bryantintegrated.com/
About IDO Security
Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented MagShoe(TM) weapons metal detection system. MagShoe fills a critical void in today's metal detectors by extending screening to the lower body and feet. MagShoe's "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, MagShoe is currently in use at international airports, cruise lines, government agencies, private homes and more. http://www.idosecurityinc.com/
Forward Looking Statements: A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, uncertainties related to the development of IDO's business plan, and the ability to secure additional sources of financing. The actual results that IDO may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. IDO encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB.
MEDIA CONTACT: COMPANY CONTACT:
Kevin McLaughlin Michael Goldberg
609-279-0050 x102 646-214-1234
kevin@resoundmarketing.com mg@idosecurityinc.com
IDO Security, Inc.
CONTACT: Kevin McLaughlin for IDO Security, +1-609-279-0050 x102, kevin@resoundmarketing.com; Michael Goldberg of IDO Security, +1-646-214-1234, mg@idosecurityinc.com
Web site: http://www.idosecurityinc.com/ http://www.bryantintegrated.com/
MEMC and Tainergy Announce $3 Billion+ Solar Wafer Supply Contract
ST. PETERS, Mo., July 10 /PRNewswire-FirstCall/ -- MEMC Electronic Materials, Inc. and Tainergy Tech Co., Ltd. of Taiwan announced today that they have executed a definitive agreement for MEMC to supply solar wafers to Tainergy.
Under the terms of the definitive agreement, MEMC will supply solar wafers to Tainergy over a 10-year period, with pre-determined pricing, on a take or pay basis beginning in the third quarter of 2008. Sales of the wafers over the 10-year period would generate between $3-$3.5 billion in revenue for MEMC. As part of the definitive agreement, Tainergy will advance funds to MEMC in the form of a refundable capacity reservation deposit. In addition, MEMC will be eligible to purchase a 10% interest in Tainergy.
Commenting on the signing of the wafer supply agreement, Nabeel Gareeb, MEMC's Chief Executive Officer, said "We are pleased to have entered this long-term agreement to provide solar wafers to Tainergy. The company's roots in equipment manufacturing and factory automation systems combined with a solid management team and geographic position should allow them to achieve success in the solar market. Today's announcement marks the fourth strategic partner for MEMC in the solar arena, and the second in Taiwan, as MEMC continues to expand its customer list in solar applications and increase its geographic diversity."
Frank Hsieh, Chairman of Tainergy, said "A secure supply of high quality wafers from MEMC will increase our ability to achieve the fast growth and market share gains that we strive for, while providing high quality solar cells to our customers at competitive prices. MEMC is an integrated, asset-efficient leader in the industry with the products, scale, innovation and cost which makes MEMC the right partner for Tainergy."
About Tainergy
Tainergy is a solar cell manufacturer based in Taiwan. Tainergy was formed in 2007 as a subsidiary of Kenmec Mechanical Engineering (TSE 6125), a leading supplier of automated factory equipment and thin-film-transistor panel manufacturing equipment. Tainergy aims to leverage its process automation roots to become a leading, low-cost producer of high quality cells to the PV industry.
About MEMC
MEMC is a global leader in the manufacture and sale of wafers and related intermediate products to the semiconductor and solar industries. MEMC has been a pioneer in the design and development of wafer technologies over the past four decades. With R&D and manufacturing facilities in the U.S., Europe and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells.
Safe Harbor Statement
Certain matters discussed in this news release are forward-looking statements, including MEMC's beliefs and expectations that the definitive agreement would generate between $3-$3.5 billion in revenue for MEMC over the 10-year period of the agreement; and that sales under the Tainergy agreement will begin in the third quarter of 2008. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including the success of MEMC and its contracting parties in performing under the definitive agreement and the ability of MEMC to ramp up production of solar wafers to satisfy the terms of the definitive agreement. These forward-looking statements represent MEMC's judgment as of the date of this release. MEMC disclaims, however, any intent or obligation to update these forward-looking statements.
MEMC Electronic Materials, Inc.
CONTACT: Bill Michalek, Director, Investor Relations of MEMC Electronic Materials, Inc., +1-636-474-5443, or Daniel Yang, Investor Relations, of Tainergy Tech Co., Ltd, +886-(2)-27863797 #278
Web site: http://www.memc.com/
MEMC and Conergy Announce Amended Solar Wafer Supply Contract
ST. PETERS, Mo. and HAMBURG, Germany, July 10 /PRNewswire-FirstCall/ -- MEMC Electronic Materials, Inc. and Conergy (CGY.DE) today announced the amendment of their 10-year wafer supply contract. The sales volume of the contract has been adjusted to approximately $4 billion compared to $7-$8 billion in the original agreement. This amendment provides more operational and financial flexibility for Conergy and allows MEMC to reallocate wafer volumes to other customers, primarily in the later years of the contract.
Under the terms of the amendment, MEMC will reduce the volume of solar wafers supplied to Conergy, primarily in the later years of the contract, in consideration for slightly higher prices. Conergy will continue to advance funds to MEMC in the form of a refundable capacity reservation deposit, commensurate with the volumes in each year. All other terms and conditions remain unchanged, including that MEMC will supply solar wafers to Conergy over a 10-year period, with pre-determined pricing, on a take or pay basis beginning in the third quarter of 2008, and will participate in 5% of the increase in value of Conergy's solar subsidiary in Frankfurt (Oder).
"Conergy has taken several steps to restructure its business and create a sustainable business model for the future," commented Nabeel Gareeb, MEMC's Chief Executive Officer. "This new agreement supports Conergy's move to a profitable business model, and will create a stronger partner for MEMC. Our amended contract fits in with Conergy's new vision and allows MEMC to reallocate the remaining portion of the wafer volume and further diversify our customer mix."
Conergy CEO Dieter Ammer commented: "We appreciate MEMC's flexibility in allowing us to adjust the agreement to our revised business model. We view MEMC as a key strategic partner for Conergy's long-term growth. The amendment gives us much more operational and financial flexibility as we move the company to be a profitable downstream specialist with one of the most international sales and distribution networks in our industry. We anticipate making the requisite deposits in the next few weeks which will allow deliveries to commence as agreed in the third quarter of 2008."
About Conergy
Conergy AG is one of the leading solar enterprises in Europe and with over 70,000 solar systems installed also a global market leader in the field of solar system integration. Listed since 2005 on the Frankfurt Stock Exchange, the Conergy Group pursues a global growth strategy: it produces, installs and plans solar systems for its customers in more than 20 countries. Furthermore, the company develops and finances large-scale projects in the fields of wind and bio energy, as well as solar thermal power plants through its subsidiary EPURON. The Conergy Group is represented by branch offices on five continents.
About MEMC
MEMC is a global leader in the manufacture and sale of wafers and related intermediate products to the semiconductor and solar industries. MEMC has been a pioneer in the design and development of wafer technologies over the past four decades. With R&D and manufacturing facilities in the U.S., Europe and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells.
Safe Harbor Statement
Certain matters discussed in this news release are forward-looking statements, including MEMC's beliefs and expectations that the amended definitive agreement would generate approximately $4 billion in revenue for MEMC over the 10-year period of the agreement and that sales would begin in the third quarter of 2008. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including the success of MEMC and its contracting parties in performing under the definitive agreement and the ability of MEMC to ramp up production of solar wafers to satisfy the terms of the definitive agreement. These forward-looking statements represent MEMC's judgment as of the date of this release. MEMC disclaims, however, any intent or obligation to update these forward-looking statements.
MEMC Electronic Materials, Inc.
CONTACT: Bill Michalek, Director, Investor Relations of MEMC Electronic Materials, Inc., +1-636-474-5443; or Alexander Leinhos, PR Department of Conergy AG, +49 (0)40 / 27142-1631
Web site: http://www.memc.com/
Schneider Electric and Bull Use Their Joint Skills to Launch New IT Energy Audit Services
PARIS, July 10 /PRNewswire-FirstCall/ -- Schneider Electric and Bull have combined their respective skills to form a partnership offering comprehensive data center energy audit services, designed to help organisations meet the challenge of energy efficiency.
These audit services will provide organizations with the indicators needed to define high performance, eco-friendly and sustainable practices in their IT activities and strengthen their environmental initiatives. Schneider Electric and Bull will combine their expertise in the areas of IT and power infrastructures management.
Under the terms of this agreement, Bull will market the offering in Europe.
Schneider Electric will rely on the leadership of APC by Schneider Electric in the datacenter environment.
"Environmental responsibility is still a relatively new phenomenon in business, explained Paul-Francois Cattier, Vice-President France, APC by Schneider Electric. IT Departments are aware that their datacenters are consuming a growing amount of power, and are increasingly seeking eco-friendly energy solutions, but do not necessarily know how to ensure that this new imperative is a core part of their strategy for investment in IT."
The audit methodology developed by Bull and Schneider Electric has four distinct stages:
- identifying potential economies of scale once the scope of the exercise
has been established,
- evaluating energy efficiency and confirming opportunities where savings
can be made,
- setting out recommendations that are consistent with the datacenter's
energy profile,
- supporting the customer in its implementation of an energy optimization
strategy and in the achievement of performance objectives.
"Schneider Electric had longstanding experience in energy efficiency services and projects, noted Paul Hamilton, Schneider Electric's Energy Efficiency Program VP. We have successfully implemented a large number of projects in the construction and industrial sectors."
In October 2007, Bull unveiled its "Bio Data Center(TM)" concept: an innovative approach using an effective combination of servers and services to deliver performance, flexibility and sustainable development. This approach focuses in particular on curbing complexity and enhancing flexibility, in order to simplify and strengthen IT infrastructures, and ultimately reduce the data center's carbon footprint.
In this context, Bull's list of customer references includes numerous projects where the carbon footprint of IT facilities has been reduced by over 40%, and the virtualization/consolidation ratio is more than 15:1, with the number of low-workload servers being reduced and the optimization of virtualized servers to ensure they are working at 80% of their full capacity.
"This latest partnership reflects our vision of the Bio Data Center(TM), said Edgar Snoijink, General Manager of Bull Infrastructure Services and Support. It further strengthens our IT infrastructure expertise and allows us to offer a global and consistent service to our customers, enabling them in turn to implement ambitious green IT strategies."
About Bull, Architect of an Open World
As one of the leading European IT companies, Bull delivers open, flexible and secure information systems. The group helps public and private sector customers transform their information systems, applying its know-how and expertise in three main areas:
- Capitalizing on its extensive mainframe experience, Bull designs and
produces robust, innovative and open servers, based on industry-standard
technologies;
- Building on its alliances with leading ISVs and long-standing
involvement with Open Source, Bull develops and implements flexible and
interoperable application infrastructures which give business processes
the freedom to evolve;
- Bringing together recognized expertise in end-to-end IT security, Bull
secures data and exchanges that are so critical in preserving customers'
business integrity.
Bull has a particularly strong presence in the public, healthcare, finance, telecommunications, manufacturing and defense sectors. Its distribution network and business partners cover more than 60 countries worldwide.
http://www.bull.com/
About Schneider Electric
Global specialist in energy management, Schneider Electric offers integrated solutions making energy safe, reliable, efficient and productive in the energy & infrastructure, industry, data centers & networks, buildings and residential markets. With sales of 17.3 billion euro in 2007, the company's 120,000 employees in 102 countries help individuals & organisations make the most of their energy.
http://www.schneider-electric.com/
About APC by Schneider Electric
APC by Schneider Electric, a global leader in critical power and cooling services, provides industry leading product, software and systems for home, office, data center and factory floor applications. Backed by the strength, experience, and wide network of Schneider Electric's Critical Power & Cooling Services, APC delivers well planned, flawlessly installed and maintained solutions throughout their lifecycle. Through its unparalleled commitment to innovation, APC delivers pioneering, energy efficient solutions for critical technology and industrial applications.
In 2007, Schneider Electric acquired APC and combined it with MGE UPS Systems to form Schneider Electric's Critical Power & Cooling Services Business Unit, which recorded 2007 revenue of $3.5 billion (EUR2.4 billion) and employed 12,000 people worldwide.
APC solutions include uninterruptible power supplies (UPS), precision cooling units, racks, physical security and design and management software, including APC's InfraStruXure(R) architecture the industry's most comprehensive integrated power, cooling, and management solution. Schneider Electric, with 120,000 employees and operations in 102 countries, had 2007 annual sales of $25 billion (EUR17.3 billion). For more information on APC, please visit http://www.apc.com/. All trademarks are the property of their owners.
Press Contact :
APC by Schneider Electric
Murielle Combes
Phone : +33(0)1-41-90-52-21
Fax : +33(0)1-41-90-52-82
murielle.combes@apc.com
Press Contact:
Schneider Electric
Veronique Roquet-Montegon
Phone : +33(0)1-41-29-70-76
Fax : +33(0)1-41-29-71-95
veronique.roquet-montegon@schneider-electric.com
Press Contacts:
Bull
Anne-Marie Jourdain
Phone : +33(0)1-30-80-32-52
anne-marie.jourdain@bull.net
Financial Dynamics
Elodie Marchand
Phone : +33(0)1-47-03-68-17
Elodie.marchand@fd.com
Press Contact:
DGM
Michel Calzaroni
Olivier Labesse
Phone : +33(0)1-40-70-11-89
Fax : +33(0)1-40-70-90-46
Bull
CONTACT: Press Contact: APC by Schneider Electric, Murielle Combes, Phone : +33(0)1-41-90-52-21, Fax : +33(0)1-41-90-52-82, murielle.combes@apc.com; Press Contact: Schneider Electric, Veronique Roquet-Montegon, Phone : +33(0)1-41-29-70-76, Fax : +33(0)1-41-29-71-95, veronique.roquet-montegon@schneider-electric.com; Press Contacts: Bull, Anne-Marie Jourdain, Phone : +33(0)1-30-80-32-52, anne-marie.jourdain@bull.net; Financial Dynamics, Elodie Marchand, Phone : +33(0)1-47-03-68-17, Elodie.marchand@fd.com; Press Contact: DGM, Michel Calzaroni, Olivier Labesse, Phone : +33(0)1-40-70-11-89, Fax : +33(0)1-40-70-90-46
RF Micro Devices(R) Commences Volume Shipments of POLARIS(R) to Multiple Leading Handset ManufacturersPOLARIS 2, POLARIS 3 And POLARIS 3 Silver To Support Multiple New Handsets In The Second Half Of 2008
GREENSBORO, N.C., July 10 /PRNewswire-FirstCall/ -- RF Micro Devices, Inc. , a global leader in the design and manufacture of high-performance semiconductor components, today announced it is commencing volume shipments of its POLARIS(R) RF solutions in support of six new feature-rich multimedia handsets. All six handsets are expected to be available in the second half of calendar 2008.
Eric Creviston, president of RFMD's Cellular Products Group (CPG), said, "We are very pleased to commence volume shipments of POLARIS into these new handsets in support of multiple customers. Our highly successful POLARIS 2 has shipped more than 100 million units and is a field-proven solution. Our newer-generation POLARIS 3, which continues to ramp successfully, delivers a smaller total solution size, improved ease of RF implementation and increased platform portability from handset to handset."
The shipments are in support of multiple leading handset manufacturers, and the handsets range from entry level multimedia handsets to multi-function, multimedia smartphones. RFMD's volume shipments include POLARIS 2, POLARIS 3 and POLARIS 3 Silver. POLARIS 3 Silver combines the performance advantages of POLARIS 3 with RFMD's patent pending MicroShield(TM) integrated RF shielding to reduce time-to-market and minimize cost of implementation.
Based upon existing customer forecasts, RFMD(R) currently anticipates POLARIS revenue will increase sequentially in the September 2008 and December 2008 quarters, and RFMD currently expects sales of its POLARIS RF solutions will extend into calendar year 2011. On May 6, 2008, RFMD announced it had discontinued development of future-generation, 3G RF solutions. The Company continues to fully support its successful EDGE RF solutions, including POLARIS 2, POLARIS 3 and POLARIS 3 Silver.
About RFMD: RF Micro Devices, Inc. is a global leader in the design and manufacture of high-performance semiconductor components. RFMD's products enable worldwide mobility, provide enhanced connectivity and support advanced functionality in the cellular handset, wireless infrastructure, wireless local area network (WLAN), CATV/broadband and aerospace and defense markets. RFMD is recognized for its diverse portfolio of semiconductor technologies and RF systems expertise and is a preferred supplier to the world's leading mobile device, customer premises and communications equipment providers.
Headquartered in Greensboro, N.C., RFMD is an ISO 9001- and ISO 14001- certified manufacturer with worldwide engineering, design, sales and service facilities. RFMD is traded on the NASDAQ Global Select Market under the symbol RFMD. For more information, please visit RFMD's web site at http://www.rfmd.com/.
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. RF Micro Devices' business is subject to numerous risks and uncertainties, including variability in quarterly operating results, the rate of growth and development of wireless markets, risks associated with our planned exit from our wireless systems business, including cellular transceivers and GPS solutions, the risk that restructuring charges may be greater than originally anticipated and that the cost savings and other benefits from the restructuring may not be achieved, risks associated with the operation of our wafer fabrication facilities, molecular beam epitaxy facility, assembly facility and test and tape and reel facilities, our ability to complete acquisitions and integrate acquired companies, including the risk that we may not realize expected synergies from our business combinations, our ability to attract and retain skilled personnel and develop leaders, variability in production yields, our ability to reduce costs and improve gross margins by implementing innovative technologies, our ability to bring new products to market, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, dependence on a limited number of customers, and dependence on third parties. These and other risks and uncertainties, which are described in more detail in RF Micro Devices' most recent Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements..
RF MICRO DEVICES(R), RFMD(R) and patent pending MicroShield(TM) are trademarks of RFMD, LLC. All other trade names, trademarks and registered trademarks are the property of their respective owners.
RF Micro Devices, Inc.
CONTACT: At RFMD(R), Dean Priddy, CFO, +1-336-678-7975, Doug DeLieto, VP, Investor Relations, +1-336-678-7968, or Jerry Neal, EVP, Marketing and Strategic Development, +1-336-678-7001
Web site: http://www.rfmd.com/
CACI International to Release Fourth Quarter and Full Year FY08 Earnings After Market Close on August 13, 2008To Hold Conference Call and Webcast Before Market Open on August 14, 2008
ARLINGTON, Va., July 10 /PRNewswire-FirstCall/ -- CACI International Inc will announce its fourth quarter and full year FY08 results at 4:05 p.m. Eastern Time on Wednesday, August 13, 2008. Following the release of this information, we have scheduled a conference call for Thursday, August 14, 2008 at 8:30 a.m. Eastern Time, during which members of our senior management team will be making a brief presentation focusing on fourth quarter and year-end results and operating trends. A question-and-answer session will follow to further discuss our results and our future performance expectations.
You can listen to the conference call and view accompanying exhibits over the Internet by logging on to CACI's Internet site at http://www.caci.com/ at the scheduled time. You may also dial in to 1-877-440-5804, confirmation code 6395461. Slides of the presentation will be available on our website during the call. A replay of the call will also be available over the Internet beginning on August 14th, and can be accessed through CACI's website (http://www.caci.com/).
CACI International Inc provides the professional services and IT solutions needed to prevail in today's defense, intelligence, homeland security, and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; information assurance, information operations, and cyber security services; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. We add value to our clients' operations, increase their skills and capabilities, and enhance their missions. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 12,000 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.
Corporate Communications and Media:
Jody Brown, Executive Vice President, Public Relations
(703) 841-7801, jbrown@caci.com
Investor Relations:
David Dragics, Senior Vice President, Investor Relations
(866) 606-3471, ddragics@caci.com
CACI International Inc
CONTACT: Jody Brown, Executive Vice President, Public, +1-703-841-7801, or jbrown@caci.com; or David Dragics, Senior Vice President, Investor Relations, +1-866-606-3471, or ddragics@caci.com, both of CACI International Inc
Web site: http://www.caci.com/
Lithium Technology Corp. Announces Memo of Understanding With EnerSys
PLYMOUTH MEETING, Pa., July 10 /PRNewswire-FirstCall/ -- Lithium Technology Corporation (LTC) announced today that it has signed a memorandum of understanding (MOU) with EnerSys , one of the world's largest and most reputable battery companies. The MOU calls for the establishment of a close relationship on the advancement of large lithium ion batteries between the parties.
The MOU was signed on July 4, 2008 in Zurich, Switzerland, by Mr. Myles Jones, Director, Aerospace, Defense & Renewable of EnerSys and Dr. Klaus Brandt, President & CTO of LTC. The parties intend to finalize the agreement this summer.
Upon the completion of the agreement, EnerSys will become the exclusive distributor of LTC's product line of GAIA large lithium ion batteries and cells to the defense and military market as well as to the civil aerospace market, utilizing its worldwide network of sales and support offices, and its strong presence in these markets. Additionally, EnerSys will market LTC's products for stationary and renewable applications on a non-exclusive basis. LTC will become the exclusive supplier of large lithium ion cells to EnerSys. The term of the agreement is for three years with an option for extension by mutual consent of the parties.
"LTC is recognized for our unique lithium ion products by peer battery companies as a leading technology company, and this MOU with EnerSys reaffirms that," commented Dr. Brandt. "We are very pleased to partner with EnerSys, a world leader in the industry, with a strong performance in many markets and immaculate reputation for product quality and service. We believe that this partnership will increase the exposure of LTC in the battery market and increase our revenue growth."
"This relationship with Lithium Technology will allow EnerSys to offer our customers additional lithium ion product options to complement our broad line of lead acid and other specialty products to meet our customer's applications and needs. We look forward to finalizing the agreement in the near future," stated John Craig, Chairman, President and Chief Executive Officer of EnerSys.
About Lithium Technology Corporation:
Lithium Technology Corporation (LTC) is a global provider of large format rechargeable power solutions for diverse applications, and offers the largest lithium-ion cells with the highest power of any standard commercial lithium ion cell produced in the western hemisphere. With more than 20 years of experience, LTC leverages its extensive expertise in high power and large battery assemblies to commercialize advanced lithium batteries as a new power source in the military and national security systems, transportation and stationary power markets.
LTC manufactures the GAIA(R) product line of large, high power hermetically sealed rechargeable lithium-ion cells and batteries. The Company's product portfolio includes large cells and batteries from 10 times the capacity of a standard laptop computer battery to 100,000 times greater. LTC manufactures a variety of standard cells that are assembled into custom large batteries complete with electronics (battery management systems) and electronics to communicate with other components of the system for performance monitoring.
LTC headquarters are located in Plymouth Meeting, PA and R&D in Nordhausen, Germany. LTC sales for the U.S. and European markets are managed out of each of the offices. For more information about LTC, its technology and products, please visit http://www.lithiumtech.com/ .
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/ .
Safe Harbor for Forward-looking Statements:
The foregoing information contains forward-looking statements, which involve risks and uncertainties relating to such matters as financial performance, technology development, capital raising, business prospects, strategic partnering and similar matters. A variety of factors could cause LTC's actual results and experience to differ materially from anticipated results or other expectations expressed in these forward-looking statements. This notice does not constitute an offer of any securities for sale.
Lithium Technology Corporation
CONTACT: Allyson Curtis, +1-610-940-6090, or acurtis@lithiumtech.com
Web site: http://www.lithiumtech.com/ http://www.enersys.com/
Stanley Announces Timing of First Quarter FY 2009 Earnings Release and Conference Call
ARLINGTON, Va., July 10 /PRNewswire-FirstCall/ -- Stanley, Inc. , a leading provider of systems integration and professional services to the U.S. federal government, will issue its first quarter Fiscal Year 2009 earnings release after close of market on Thursday, July 31, 2008. Management will discuss the results in a conference call beginning at 5:00 PM Eastern.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040106/DCTU010LOGO )
The conference call will be broadcast simultaneously on the Investor Relations page of the company's website, http://www.stanleyassociates.com/. Investors are advised to log on to the website at least 15 minutes prior to the call to register, download and install any necessary audio software. An archive of the webcast will be available for one week following the live event.
About Stanley
Stanley is a leading provider of information technology services and solutions to U.S. defense and federal civilian government agencies. Stanley offers its customers systems integration solutions and expertise to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational logistics, business process outsourcing, and advanced engineering and technology. Headquartered in Arlington, Va., the company has more than 3,700 employees at over 100 locations in the U.S. and worldwide. In 2008 and 2007, Stanley was recognized by FORTUNE(R) magazine as one of the "100 Best Companies to Work For." Please visit http://www.stanleyassociates.com/ for more information.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040106/DCTU010LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Stanley, Inc.
CONTACT: Lawrence Delaney, Jr., Investor Relations Counsel, Stanley, +1-703-739-7410
Web site: http://www.stanleyassociates.com/
CareerBuilder, leader des sites de recrutement aux Etats-Unis, acquiert Le Groupe Les Jeudis, 1er éditeur indépendant de solutions RH spécialisées en France.
PARIS, July 10 /PRNewswire/ --
CareerBuilder.com, le leader des sites d'offres d'emploi aux Etats-Unis
et le Groupe Les Jeudis, groupe éditeur solutions RH spécialisées (sites
emploi, salons de recrutement et solution e-RH), ont réuni leurs compétences
pour apporter aux candidats à la recherche d'un emploi et aux recruteurs
leurs expériences de recrutement.
Les deux sociétés annoncent que CareerBuilder fait l'acquisition du
Groupe Les Jeudis.
Le Groupe Les Jeudis compte aujourd'hui six sites emploi spécialisés
(Lesjeudis.com, Ingenieur-Emplois.com, Erecrut.com, Phonemploi.com,
RecruLex.com et CAO-Emplois.com), trois salons de recrutement spécialisés
(Salon Les Jeudis, Salon Erecrut, Salon CAO-Emplois) et un logiciel de
gestion du recrutement sur Internet (Profilsoft).
Lesjeudis.com, société fondatrice du groupe, est depuis sa création en
1999 le 1er site d'offres d'emploi IT en France. Le Groupe Les Jeudis est
également leader dans le secteur des salons emploi spécialisés et un
partenaire incontournable pour le recrutement spécialisé sur internet.
CareerBuilder.com, leader des sites d'offres d'emploi aux Etats-Unis, est
le site du recrutement en ligne le plus important des Etats-Unis. Implanté au
Canada, en Europe et en Asie, il a choisi le Groupe Les Jeudis pour pénétrer
le marché français.
<< La France fait partie des économies les plus importantes d'Europe et
continue à connaître une croissance de l'emploi significative. >> affirme
Farhan Yasin, Président du groupe international CareerBuilder.
Les marques du Groupe Les Jeudis conserveront leurs noms mais
bénéficieront du marketing, des partenariats et de la technologie qui ont
propulsé CareerBuilder en première position sur le marché américain.
Président Directeur Général, Cédric Barbier continuera de diriger la société.
Les deux entités revendiquent un rapprochement stratégique prometteur.
Si les conditions financières relatives à l'acquisition n'ont
pas été dévoilées, ce rachat est un des plus importants jamais réalisés sur
le marché du recrutement français et survient à un moment où la France
connaît le taux de chômage le plus bas depuis 25 ans, selon l'INSEE.
<< Le Groupe Les Jeudis a été pionnier dans le secteur du recrutement en
ligne en France et est heureux d'avoir pu offrir pendant dix ans un service
de premier rang aux personnes à la recherche d'un emploi comme aux
recruteurs. >>, déclare Cédric Barbier, Directeur Général et fondateur du
site Lesjeudis.com. << Après dix années passées à innover dans le domaine de
l'emploi, nous sommes fiers aujourd'hui que notre entreprise familiale
rejoigne une société américaine de l'envergure de Career Builder. >>,
poursuit-il
CareerBuilder a commencé son expansion internationale à l'automne 2006,
établissant sa présence grâce à la combinaison d'un développement interne, de
partenariats et d'acquisitions en fonction des conditions du marché.
La société a lancé la création de sites internes au Canada, au
Royaume-Uni, en Inde, en Espagne, en Allemagne, en Norvège, en Suisse, en
Italie et en Roumanie. De plus, CareerBuilder a acquis des sites en France
(les sites du Groupe Les Jeudis), en Suède (Jobbguiden.se), aux Pays-Bas
(JobbingMall.nl) ainsi qu'en Grèce (Kariera.gr). CareerBuilder entretient
également de solides partenariats en Chine avec 51Jobs, en Corée du Sud avec
Incruit et en Asie du sud-est avec Gulf Talent.
Selon Farhan Yasin, ce partenariat permettra de rapprocher de
façon dynamique et efficace les recruteurs et les candidats. << Ce résultat
sera obtenu en alliant les nombreuses connaissances du secteur du recrutement
en France détenues par le Groupe Les Jeudis, à la technologie, au service
client et aux multiples carrières qui ont contribué à faire du site
CareerBuilder.com le leader sur son marché aux Etats-Unis.>>, affirme-t-il.
<< Nous sommes ravis de nous rapprocher d'une société qui a
les mêmes valeurs et qui attache un engagement profond dans l'innovation.
Nous pensons que cela se traduira par des moyens amplifiés apportés aux
recruteurs tout comme aux personnes à la recherche d'un emploi en France. >>,
conclut Cédric Barbier.
Cédric Barbier, Directeur Général et fondateur des Jeudis.com
et Farhan Yasin, Président du Groupe International CareerBuilder sont à votre
disposition pour répondre à vos questions.
Contacts Presse
Elektron Relations Presse Les Jeudis
Annelyse Fromentin Marie Ozier-Lafontaine
Tel : +01-46-34-67-79 Tel : +01-55-43-39-45
e-mail : e-mail :
fromentin@elektron-presse.com molafontaine@lesjeudis.com
CareerBuilder.com
Tanya Flynn
Tel : +1-773-527-5393
e-mail : Tanya.Flynn@careerbuilder.com
A propos de CareerBuilder.com
CareerBuilder.com est le site du recrutement en ligne le plus
important des Etats-Unis avec 23 millions de visiteurs uniques et 1.6
millions d'offres d'emploi. Propriété de Gannett Co., Inc. (NYSE:GCI),
Tribune Company, The McClatchy Company (NYSE:MNI) et de Microsoft Corp.
(Nasdaq:MSFT), l'entreprise offre un important réseau en ligne et dans la
presse écrite aidant les candidats à la recherche d'emploi à se rapprocher
des recruteurs.
CareerBuilder.com alimente les centres de carrières de plus de
1,600 partenaires, y compris 140 journaux et les plus éminents portails tels
que America Online et MSN. Plus de 300,000 employeurs profitent du système
très simple de publication d'offres, des 26 millions de CV, de la diversité
des canaux offerts et plus encore. CareerBuilder.com et ses filiales opèrent
aux Etats-Unis, en Europe, au Canada et en Asie. Pour obtenir de plus amples
informations, veuillez vous rendre sur http://www.careerbuilder.com.
A propos du Groupe Les Jeudis
Le Groupe Les Jeudis est le 1er groupe français indépendant éditeur de
solutions RH spécialisées. Il se compose de six sites emploi, de trois salons
de recrutement et d'un logiciel e-RH.
Les sites emploi
Le site LesJeudis.com, spécialisé dans les métiers de l'Informatique est
l'outil incontournable du recrutement informatique depuis sa création en
1999.
Erecrut.com est le site emploi spécialiste du recrutement des profils du
Commerce et de la Vente. Créé en 2000, il se positionne aujourd'hui comme un
acteur majeur de sa spécialisation.
Phonemploi.com, créé en 2002 suite à la forte croissance du secteur des
Centres d' Appels, est le n 1 du secteur de la Relation Client par
téléphone.
RecruLex.com, la référence du e-recrutement juridique et fiscal depuis
2000, s'adresse aux avocats, juristes et fonctions support dans le domaine
juridique.
Le site CAO-emplois.com, créé en 2001, est le premier site spécialisé
dans les métiers de la Conception Assistée par Ordinateur.
Ingenieur-emplois.com, est le premier site dédié exclusivement aux
métiers de l'ingénierie. Créé en 2005, il s'adresse à tous les ingénieurs,
quel que soit leur spécialité ou leur secteur d'activité.
Les salons de recrutement
Le Salon Les Jeudis, salon incontournable dans le secteur du recrutement
informatique, existe depuis 1998 et s'est décliné en plus de 80 éditions, à
Paris comme en régions.
Le Salon Erecrut, lancé en 2007 en partenariat avec Phonemploi.com, est
dédié aux métiers du Commerce, de la Vente et de la Relation Client.
Le Salon CAO-Emplois, créé en 2006, est le rendez-vous annuel des métiers
et emplois de la Conception Assistée par Ordinateur.
L'éditeur de solutions e-RH Profilsoft
Profilsoft est un éditeur de solutions de gestion du recrutement
permettant aux entreprises de gérer toutes les étapes d'un recrutement
interne ou externe, allant de la création d'une offre à la gestion des
compétences.
PARIS, July 10 /PRNewswire/ --
Site Web : http://www.careerbuilder.com
CareerBuilder.com
Annelyse Fromentin, Elektron Relations Presse , +33(0)1-46-34-67-79. fromentin@elektron-presse.com; ou Marie Ozier-Lafontaine, Les Jeudis, +33(0)1-55-43-39-45, molafontaine@lesjeudis.com; ou Tanya Flynn de CareerBuilder.com, +1-773-527-5393, Tanya.Flynn@careerbuilder.com
EnerSys Announces Memo of Understanding with Lithium Technology Corporation
READING, Pa., July 10 /PRNewswire-FirstCall/ -- EnerSys , the world's largest manufacturer, marketer, and distributor of industrial batteries announced today that it has signed a memorandum of understanding with Lithium Technology Corporation . The memo of understanding calls for the establishment of a relationship for the advancement of large lithium ion batteries between the parties. The parties intend to finalize the agreement in the coming months.
Under proposed agreement EnerSys will become the exclusive distributor of Lithium Technology's product line of large format lithium ion batteries and cells to the defense and aerospace markets globally. In addition, EnerSys will market Lithium Technology products to the reserve power and renewable energy markets on a non-exclusive basis.
John Craig, chairman, president and chief executive officer of EnerSys stated, "This relationship with Lithium Technology will allow EnerSys to offer our customers additional lithium ion product options to complement our broad line of lead acid and other specialty products to meet our customers' applications and needs. We look forward to finalizing the agreement in the near future."
"Lithium Technology Corporation with its unique lithium ion is recognized as a leading technology company and the memo of understanding that we signed with EnerSys emphasizes this point," commented Dr. Klaus Brandt, president and chief technology officer of Lithium Technology Corporation. "We are very pleased to partner with EnerSys, a world leading battery company with a strong global market presence and reputation for product quality and service. We believe that the partnership, which started approximately a year ago, will increase our exposure in the battery market and increase our revenue growth."
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 memorandum of understanding including any impact on our financial and operating results and estimates, and any impact on EnerSys' market position that may be realized from this relationship. 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 this relationship. 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. (C) Copyright 2008. All Rights Reserved.
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.
For more information regarding EnerSys, please contact Richard Zuidema, Executive Vice President, EnerSys, P.O. Box 14145, Reading, PA 19612-4145. Tel: 800-538-3627.
About Lithium Technology Corporation
Lithium Technology Corporation (LTC) is a global provider of large format rechargeable power solutions for diverse applications, and offers the largest lithium-ion cells with the highest power of any standard commercial lithium ion cell produced in the western hemisphere. With more than 20 years of experience, LTC leverages its extensive expertise in high power and large battery assemblies to commercialize advanced lithium batteries as a new power source in the military and national security systems, transportation and stationary power markets.
LTC manufactures the GAIA(R) product line of large, high power hermetically sealed rechargeable lithium-ion cells and batteries. The Company's product portfolio includes large cells and batteries from 10 times the capacity of a standard laptop computer battery to 100,000 times greater. LTC manufactures a variety of standard cells that are assembled into custom large batteries complete with electronics (battery management systems) and electronics to communicate with other components of the system for performance monitoring.
LTC headquarters are located in Plymouth Meeting, PA and R&D in Nordhausen, Germany. LTC sales for the U.S. and European markets are managed out of each of the offices. For more information about LTC, its technology and products, please visit http://www.lithiumtech.com/.
EnerSys
CONTACT: Richard Zuidema, Executive Vice President of EnerSys, +1-800-538-3627
Web Site: http://www.enersys.com/ http://www.lithiumtech.com/
Susan Rock Joins CSC as Vice President, Business Development for Applied Technology Division
FALLS CHURCH, Va., July 10 /PRNewswire/ -- CSC announced today that Susan Rock has joined the company as vice president of business development for its North American Public Sector (NPS) business unit's Applied Technology Division.
Rock will be responsible for developing strategy and managing account teams as they identify, evaluate, qualify and pursue new opportunities in managed services, aviation maintenance, infrastructure services, and base and range operations.
She most recently served as the business development executive of Integrated Range and Installation Solutions for Raytheon Technical Services Company LLC (RTSC), where she developed and implemented long-range strategic plans in the base and range markets.
Prior to her work at RTSC, Rock was an independent consultant, supporting companies throughout their capture process, setting agency and market strategies in areas such as the U.S. Air Force, market consolidation and competitive sourcing (A-76). Prior to this, Rock was I-NET Department of Defense (DoD) Business Development Group director, responsible for managing business development staff and support for major programs and key agencies. Previously, she worked for RMS Technologies as business development director, responsible for business development/capture activities for the Air Force.
"Susan will be a tremendous asset to CSC's NPS business development organization," said Mike Gaffney, president of Business Development for CSC's NPS business unit. "Her credentials and background are an ideal match to help lead the growth for a strong and important sector of NPS' business and client base."
Rock holds a bachelor's degree in industrial marketing from the University of South Florida and master's degree in management from Troy State University.
About CSC
CSC is a leading information technology (IT) services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.
With approximately 90,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in Falls Church, Va., CSC reported revenue of $16.5 billion for the 12 months ended March 28, 2008. For more information, visit the company's Web site at http://www.csc.com/.
CSC
CONTACT: Caroline Longanecker, Senior Manager, Communications, North American Public Sector, +1-703-205-6130, clonganecker@csc.com, or Mike Dickerson, Director, Media Relations, Corporate, +1-310-615-1647, mdickers@csc.com, or Bill Lackey, Director, Investor Relations, Corporate, +1-310-615-1700, blackey3@csc.com, all of CSC
Web site: http://www.csc.com/
Orbit E-Commerce Inc. Subsidiary, PureNet.TV Hong Kong, Signs Joint Venture Agreement for China
TORONTO, July 10 /PRNewswire-FirstCall/ -- Orbit E-Commerce Inc. (BULLETIN BOARD: OECI) (the "company") and PureNet.TV Hong Kong Limited ("PureNet"), a wholly owned OECI company, are pleased to announce the completion of a definitive Joint Venture Partnership Agreement ("the agreement") bringing IPTV services to China.
Previously, OECI announced the signing of an agreement with United Wireless to form a Joint Venture for the purpose of delivering Internet Protocol Television ("IPTV") products and services to United Wireless' 15 million subscribers in major cities across the Peoples Republic of China ("PRC"). During the course of their due diligence, management of both companies made the decision that a Joint Venture Partnership with HangZhou ZhengYuan Software Technology Limited, ("ZhengYuan") the major shareholder and an affiliated company of United Wireless, would be in the best interest of the parties.
Under the agreement, the Joint Venture Company will have immediate access to ZhengYuan's debit and smart card technology and their affiliated companies' customer base consisting of 15 million subscribers and 3,000 corporate and institutional clients in China.
In March 2008, the company shipped equipment to China to conduct testing of its IPTV technology. The Company demonstrated a successful test of the IPTV technology throughout the Grand Hyatt Hotel located in Beijing China. Demonstrations of the IPTV technology were made to Government officials, Telecom companies and ZhengYuan, the Company's joint venture partner.
Douglas C. Lloyd, President and CEO of OECI said today that, "We are pleased to have finally completed the signing of the Agreement with ZhengYuan, a well known and highly respected company in the Information Technology industry in China for the past 24 years. This partnership now gives PureNet an opportunity to bring IPTV products and services to the universities in China using ZhengYuan's integrated debit and smart card technology as the primary billing format and marketing services to ZhengYuan's customer base. The Company spent several years researching its IPTV system to create this opportunity and is now in the right place at the right time and plans to aggressively move forward with its partner to bring these services to the universities throughout China. Management has spent a great amount of time and resources in the past several years in research and development of this technology and this is a major step in rebuilding the organization and creating value for its shareholders."
Mr. Chen Jian, Chairman of ZhengYuan stated, "We are very pleased to have finally, after two years of research and due diligence, reached an agreement with PureNet and look forward to a long and rewarding relationship that will bring the first of many IPTV systems in major universities throughout China utilizing our integrated technologies and substantial debit and smart card customer base. It is ZhengYuan's intention to quickly establish itself as the leading provider of high definition IPTV products and services beginning with the educational institutions in China. The joint venture company will have the expertise, technology and human resources to bring high definition digital IPTV services to China."
Simon Mou, President of PureNet.TV Hong Kong Limited stated, "With the Joint Venture now in place, the Company with its IPTV system and ZhengYuan's proprietary debit and smart card technology and large loyal customer base, is well positioned to have an immediate impact in bringing high definition television, high-speed Internet and other IPTV products and services to China. We will begin with marketing to students at China's universities and then expand to other market areas currently utilizing ZhengYuan's patented products. I look forward to this very exciting opportunity and working with ZhengYuan to quickly build an IPTV network in China."
About HangZhou ZhengYuan Software Technology Limited
HangZhou ZhengYuan Software Technology Limited is the holding company of several companies in the information technology industry in China. It is the major shareholder of United Wireless and Zhejiang Zhengyuan Zhihui Science & Technology CO. LTD. Zhejiang Zhengyuan Zhihui Science & Technology CO. LTD. (http://www.hzsun.com/) (translation by Google) is a registered company with the Administration for Industry and Commerce of Shenzhen Municipality. Zhejiang is a twenty-four year-old ISO9001 certified manufacturer of award-winning high-tech products and is recognized by the Ministry of Information Industry software enterprises and by the Science and Technology Department of Zhejiang Province for outstanding products. Zhejiang has over 30 software and hardware patented products in the information and high-tech industry. The company is the developer of smart card (Bank debit card) technology and is the leading domestic product, over 70% market share, in the province of Zhejiang, China. The card is used in most educational institutions as well as the armed forces of China. The company has received a triple AAA credit rating award from the People's Bank of China.
About OECI
Orbit E-Commerce Inc. was established in 2000 for the purpose of capitalizing on management's vision and expertise in the field of Internet Protocol (IP)-based communications systems, products, and services. OECI is dedicated to extending its communications vision and expertise into the market for IPTV video/Internet services, which is poised to experience rapid growth.
For more information about OECI, see the Company's web site: http://www.orbitecommerce.com/
SAFE HARBOR
This document contains forward-looking statements as defined by the federal securities laws which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information. However, there may be events in the future that we are not able to accurately predict or control. Forward-looking statements are only predictions that relate to future events or our future performance and are subject to substantial known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, outcomes, levels of activity, performance, developments, or achievements to be materially different from any future results, outcomes, levels of activity, performance, developments, or achievements expressed, anticipated, or implied by these forward-looking statements. As a result, we cannot guarantee future results, outcomes, levels of activity, performance, developments, or achievements, and there can be no assurance that our expectations, intentions, anticipations, beliefs, or projections will result or be achieved or accomplished. In summary, you should not place undue reliance on any forward-looking statements.
Contact Information
Contact Mr. John Neufeld, jneufeld@purenet.tv, 905-751-1499 for information regarding this press release.
This release was issued through GroupWeb EmailWire.com. For more information, visit http://www.emailwire.com/.
Orbit E-Commerce Inc.
CONTACT: Mr. John Neufeld, +1-905-751-1499, jneufeld@purenet.tv, for Orbit E-Commerce Inc.
Web site: http://www.orbitecommerce.com/ http://www.hzsun.com/
AsiaInfo to Upgrade China Telecom's WLAN System and IP Billing System
New System Will Support Diversified Business Model and Increased Subscriber
Growth in Northern Telecom's Nine Provinces
BEIJING and SANTA CLARA, Calif., July 10 /Xinhua-PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. , a leading provider of telecom software solutions and IT security products and services in China, today announced that it has signed a contract with China Telecom to upgrade its Wireless Local Area Network ("WLAN") system and IP billing system for Northern Telecom, the northern division of China Telecom that covers nine provinces in northern China. This is the sixth consecutive year in which AsiaInfo has won the contract since 2002.
"This sixth successive contract win to upgrade Northern Telecom's WLAN system and IP billing system speaks to AsiaInfo's ability to deliver best-of-class, innovative software solutions in China's evolving telecom industry, and is also another opportunity to deepen our relationship with China Telecom," said Steve Zhang, AsiaInfo's president and chief executive officer. "AsiaInfo's world-class OpenBilling system offers operators reliable, scalable features that accommodate increased subscriber growth. Moreover, the system offers the flexibility needed to adapt to a diversified business model that now includes broadband, fixed line and mobile businesses -- an important requirement for China Telecom as it expands into mobile services."
Under the terms of the contract, AsiaInfo will upgrade the WLAN system to comply with China Telecom's WLAN 2.0 specifications, enabling it to accommodate broadband, fixed line and mobile operations. The new IP billing system will feature enhanced business management and back-office support functions, the capacity of which will be expanded to support approximately 5 million users.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. is a leading provider of high-quality telecom software solutions and IT security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
For more information about AsiaInfo, please visit http://www.asiainfo.com/ .
The information contained in this document is as of July 10, 2008. AsiaInfo assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.
This document contains forward-looking information about AsiaInfo's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; the long and variable billing cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2007, and in our periodic reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at http://www.sec.gov/ .
For more information, please contact:
For Investors:
Sheryl Zhang
AsiaInfo Holdings, Inc.
Tel: +86-10-8216-6039
Email: ir@asiainfo.com
For Media:
Andrew Keller
Ogilvy Financial, Beijing
Tel: +86-10-8520-3112
Email: andrew.keller@ogilvy.com
AsiaInfo Holdings, Inc.
CONTACT: For investors, Sheryl Zhang of AsiaInfo Holdings, Inc., +86-10- 8216-6039, or ir@asiainfo.com; for media, Andrew Keller of Ogilvy Public Relations Worldwide for AsiaInfo Holdings, Inc., +86-10-8520-3112, or andrew.keller@ogilvy.com
Web site: http://www.asiainfo.com/
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