Atmel Introduces a Family of AVR Microcontrollers for Automotive LIN Networking...
CGSE Unveils Navigation System for NY's Central Park
LAS VEGAS, July 16 /PRNewswire-FirstCall/ -- Columbus Geographic Systems (GIS) Ltd. ("Columbus") (Pink Sheets: CGSE) today launched a new product demo for an advanced navigation application for New York's Central Park. The demo is available at http://www.columbusgis.com/CentralParkDemo.asp
Central Park contains several lakes and ponds, extensive walking tracks, ice-skating rinks, a zoo, a wildlife sanctuary, and large areas of natural woods. With about 25 million visitors annually, it is the most visited city park in the United States
Columbus' navigation application for Central Park is based on the company's off-road navigation tool, Ranger. The new product demo clearly displays mapping and aerial imagery of the park including over 200 points of interest, and enables visitors to find their own location at any given point. It is very easy to use and works on a range of Personal Navigation Devices (PND).
"Central Park is a true island of open space in Manhattan, one of the world's greatest urban areas. Our navigation system is specifically designed for such an open environment and will enable visitors to enjoy the park even more," says Columbus CEO Tsvika Freidman. "We are confident this application can be used in other large city and national parks in the US and other countries around the world."
About Columbus Geographic Systems
Columbus Geographic Systems (GIS) Ltd. is a rising player in the field of geographic information systems (GIS) and navigation applications. The Company brings advanced software capabilities to a wide range of users and devices, previously only accessible to trained professionals on dedicated devices.
Main products:
-- Highly-effective off road, outdoor GPS navigation tools, working on a full range of devices including Car PC, PDA, and Personal Navigation Devices (PND), with options for 3D imaging.
-- Innovative, affordable GIS tools easily used in a range of applications, including businesses, agriculture, surveys, and government agencies.
-- Aerial GIS applications for military and civilian aircraft operating in complex or threatening environments.
For more information, please visit http://www.columbusgis.com/
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward- looking statements that may involve risks and uncertainties.
There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward- looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
Columbus Geographic Systems Ltd.
CONTACT: Columbus Geographic Systems (GIS) Ltd., +972 8 8601001,
info@columbusgis.com
Web site: http://www.columbusgis.com/
http://www.columbusgis.com/reports.asp
Sunrise Telecom(R) Adds VDSL2 Testing to Its Market-Leading Home Test Toolkit(TM), Accelerating Worldwide Installation of FTTN Subscribers and IPTV ServicesThe Home Test Toolkit includes virtually every test required for accurate triple play deployment, reducing CAPEX and ensuring a quality installation with a single truck roll.
SAN JOSE, Calif., July 16 /PRNewswire-FirstCall/ -- Sunrise Telecom(R) Incorporated (Pink Sheets: SRTI), a leader in test and measurement solutions for telecom, wireless and cable networks, today announced the addition of VDSL2 test capabilities to its industry-leading Home Test Toolkit (HTT)(TM). Previously available only in North America, this ground-breaking test system is now available worldwide, giving more customers the opportunity to benefit from its powerful test capabilities as they vie for leadership during the transition to VDSL2.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080716/AQW502)
"Sunrise Telecom's HTT is easy to use and packs enormous functionality into a small, inexpensive package. It's the only test set CenturyTel Technicians need for IPTV installation and troubleshooting in home triple play services," said Dennis White, Area Plant Supervisor for CenturyTel. "With the HTT, our teams can quickly identify and isolate problems, which greatly reduces the need to rewire homes, substantially cutting capital expenses and reducing install times by more than 25%."
The HTT, with thousands of units deployed, integrates an unprecedented range of test functions needed for in-home testing, and allows technicians to test key interfaces, signals, and functions at the customer location during installation. The HTT's unique next step logic guides technicians through the installation process, and indicates probable locations and causes of problems, speeding both installation and trouble-shooting.
"Revenue from new services like IPTV, VoD, high speed data and VoIP, depends on the successful rollout of FTTN architectures with VDSL2, and the consistent delivery of a high quality customer experience," said Jeff Heynen, Directing Analyst, IPTV and Next Gen OSS/BSS at Infonetics Research. "The Sunrise Telecom HTT offers comprehensive test capabilities that can speed deployment, bulletproof quality, and essentially help service providers achieve their revenue goals."
With nearly a dozen integrated test functions, the HTT ensures timely delivery of IPTV and other network services. The unit simplifies testing by providing automatic "go-no-go" test routines for VDSL, VDSL2, Home Phoneline Networking Alliance (HPNA) networks, RF signal level meter, Ethernet, 802.11 WiFi, copper loop fault identification, Plain Old Telephone Service (POTS) testing, ground continuity testing that verifies proper NID ground connection, and in-house wiring identification and testing. The lightweight unit easily clips to a technician's belt or drops into a tool bag and is powered by a rechargeable, field replaceable smart battery system.
"We are pleased with the high level of confidence that CenturyTel has placed in our HTT product and this new release brings a new set of enhancements to facilitate our customers' VDSL2 deployment," said Bahaa Moukadam, Sunrise Telecom's Vice President of Marketing. "With thousands of units already deployed, we are now making the HTT available worldwide to benefit a wider range of customers."
The HTT with VDSL2 is immediately available from Sunrise Telecom. In- field upgrades are available for existing HTT customers with a software option download. For sales information contact the company at info@sunrisetelecom.com.
About Sunrise Telecom Incorporated
Sunrise Telecom is a leader in test and measurement solutions for telecom, wireless and cable networks. The company's robust portfolio of feature-rich, easy-to-use products enables service providers to deliver premium voice, video, data and next-generation digital multimedia services quickly, reliably, and cost-effectively. Based in San Jose, California, Sunrise Telecom distributes its products through a direct sales force and a global network of sales representatives and distributors. For more information, visit http://www.sunrisetelecom.com/ or email info@sunrisetelecom.com.
SUNRISE TELECOM, the "S" logo, and other trademarks are trademarks of Sunrise Telecom Incorporated and may not be used without permission. Internet Explorer, Windows and Windows CE are registered trademarks of Microsoft Corporation in the United States and other countries. Copyright (C) 2008.
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Sunrise Telecom Incorporated
CONTACT: Phyllis Grabot, Director, Public Relations of Zeesman
Communications, Inc., +1-805-341-7269, phyllis@zeesman.com, for Sunrise
Telecom Incorporated
Web site: http://www.sunrisetelecom.com/
NVIDIA Launches Visual Computing Industry's First Emerging Companies Summit at NVISION 08
SANTA CLARA, Calif., July 16 /PRNewswire-FirstCall/ -- NVIDIA Corporation, the world leader in visual computing technologies, today announced the Emerging Companies Summit, a two-day conference on August 26-27, 2008 in San Jose, California, aimed squarely at entrepreneurs, venture capitalists, and investment bankers who are focused on learning more about the visual computing industry. The Emerging Companies Summit, sponsored by Cooley Godward Kronish LLP, Morgan Stanley, and RR Donnelley will be held at the NVISION(R) 08 conference in San Jose, California, and include tracks focusing on CUDA and high-performance computing; visual computing; lifestyle computing; and gaming.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)
"Our first-ever NVIDIA Emerging Companies Summit provides a unique and exciting venue for our attendees to meet some of the most relevant and creative companies, and people, who are passionate about visual computing and the GPU," said Jeff Herbst, vice president of business development at NVIDIA. "Our goal is for the summit to serve as a catalyst for innovation and business opportunities throughout the visual and high-performance computing ecosystems."
In addition to presentations by over 60 companies leveraging the power of GPUs for both visual and high-performance computing applications, the Emerging Companies Summit will also include panel discussions on the role of the GPU in modern computing, as well as a "fireside chat" with Jen-Hsun Huang, NVIDIA president and CEO, to be moderated by prominent industry analyst, Jon Peddie. Emerging companies scheduled to participate include Acceleware, Cooliris, Elemental Technologies, Emergent Game Technologies, MotionDSP, NaturalMotion, Right Hemisphere, and more.
"NVIDIA's Emerging Companies Summit is the first conference to bring together leading investors and entrepreneurs to discuss the visual and high- performance computing ecosystems -- its components, its challenges, and the promises it holds for the future of computing," said Torsten Reil, CEO of NaturalMotion. "We look forward to participating in the summit and being part of an event that is changing the face of technology."
To register for the Emerging Companies Summit at NVISION 08, please go to: http://www.nvision2008.com/Professionals/emerging-companies-summit.cfm
About NVIDIA
NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, Calif. and has offices throughout Asia, Europe, and the Americas. NVIDIA's inaugural NVISION 08 conference will be held August 25-27, 2008 in San Jose, Calif. For more information, visit http://www.nvidia.com/ and http://www.nvision08.com/.
Certain statements in this release including, but not limited to, statements as to the benefits and impact of the Emerging Companies Summit and NVISION 08; the attendees of NVISION 08 and the Emerging Companies Summit; and the future of computing are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: lower than anticipated attendance at NVISION 08; cancellation of an event at NVIDIA 08; the impact of technological development and competition; slower than anticipated adoption of a new industry standard or interface; design, manufacturing or software defects in our products; as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the period ended April 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward- looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
Copyright (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, NVISION, GeForce, Quadro, and Tesla are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and/or other countries. All other company and/or product names may be trade names, trademarks, and/or registered trademarks of the respective owners with which they are associated.
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NVIDIA Corporation
CONTACT: Hector Marinez of NVIDIA Corporation, +1-408-486-3443,
hmarinez@nvidia.com; or Suraya Akbarzad of OutCast Communications,
+1-415-392-8282, suraya@outcastpr.com, for NVIDIA Corporation
Web site: http://www.nvidia.com/
http://www.nvision08.com/
Stage Stores Leverages Cellfire Mobile Coupons to Drive Back-to-School SavingsStage Stores is First Major Fashion Retailer to Offer Mobile Coupons
SAN JOSE, Calif., July 16 /PRNewswire/ -- Cellfire Inc., the only nationwide mobile coupon and discount offer service, today announced that Stage Stores, Inc. will promote back-to-school savings at three of its retail brands -- Bealls, Palais Royal, and Stage -- with a mobile coupon campaign on the Cellfire platform. Using Cellfire mobile coupons, shoppers can enjoy exclusive deals on fashion and footwear at 398 Stage Store retail locations within Arizona, Arkansas, Colorado, Kansas, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, and Texas.
"Consumers are becoming more dependent on their cell phones, and we want them to depend on us for valuable savings to stretch their dollar," said Tom Kail vice president, marketing of Stage Stores. "We believe that offering mobile coupons is an innovative and effective way for us to reach our Juniors and Young Men's customers and to demonstrate our continued commitment to be the retail destination of choice for value-conscious consumers."
Recognized for bringing brand name apparel, accessories, footwear and cosmetics to small and mid-size towns and communities throughout the U.S., Stage Stores will deliver unique discounts to Cellfire users every two weeks, through September 1, as part of an integrated marketing campaign during the back-to-school season. Consumers will be alerted to the unique savings opportunity by mentions in Stage Store weekly ads, online, as well as in- store.
Consumers can take advantage of the savings by subscribing to Cellfire's mobile coupon service at Cellfire.com or they can send a text message for the appropriate retail brand to the Cellfire short code, 22888, to receive instructions on how to access the offers on their phone:
-- For Bealls offers, text BEL to 22888
-- For Palais Royal offers, text PAL to 22888
-- For Stage offers, text STG to 22888
Cellfire is a free service, although standard data or usage charges may apply depending on the carrier or data plan.
"While traditional media remains an important component of the overall marketing mix, retailers are turning towards mobile coupons to engage consumers beyond traditional media," said Brent Dusing, CEO of Cellfire. "With the addition of Stage Stores, Cellfire continues to position itself as the leading choice for advertisers looking to increase the reach of their marketing promotions through the mobile medium."
Consumers access the Cellfire service through an easy to use mobile application that resides on their cell phone or through a mobile Web browser. New offers are added frequently, and users can access the Cellfire service at their convenience to discover and use discounts specific to their geographic area. Coupons are displayed in an organized manner, allowing consumers to navigate through coupons by category, save the offers they want to use later, or select the offer they want to use immediately. Cellfire users are provided with a unique redemption code that is shown at the time of a transaction. Users simply click on the coupon they want to use and show it to the sales clerk for redemption at the point of purchase.
About Cellfire
Cellfire provides consumers with convenient discounts directly on their mobile phones. Cellfire is the first nationwide mobile coupon and discount offer service that allows consumers to easily access deals from brand-name merchants nationwide through their cell phone. Founded in January 2005, Cellfire is headquartered in San Jose, California. For more information or to download Cellfire, visit http://www.cellfire.com/.
About Stage Stores, Inc.
Stage Stores, Inc. brings nationally recognized brand name apparel, accessories, cosmetics and footwear for the entire family to small and mid- size towns and communities through 707 stores located in 35 states. The Company operates under the Bealls, Palais Royal and Stage names throughout the South Central and Southwestern states, and under the Peebles name throughout the Midwestern, Southeastern, Mid-Atlantic and New England states. For more information about Stage Stores, visit the Company's web site at http://www.stagestores.com/.
Cellfire Inc.
CONTACT: Mary Placido of GolinHarris, +1-415-274-7902,
mplacido@golinharris.com, for Cellfire Inc.
Web site: http://www.cellfire.com/
http://www.stagestores.com/
SAP Launches Co-Innovation Lab in TokyoLocation Takes Advantage of Region's Strength of Innovation and Quality to Collaborate on Solutions for Green IT, Enterprise SOA and Virtualization; Joins Original Lab in Palo Alto to Foster Co-Innovation with SAP Ecosystem of Partners and Customers
TOKYO, July 16 /PRNewswire-FirstCall/ -- SAP AG today announced the opening of a second SAP Co-Innovation Lab in Ohtemachi, Tokyo, Japan. Joining the first co-innovation lab, located in Palo Alto, California, the addition further broadens efforts by SAP to work with software solution partners, technology partners, service partners and customers to accelerate the innovation and delivery of solutions designed to address industry-specific business issues for companies around the world.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)
Taking advantage of Japan's rich history of custom development, members of the Tokyo co-innovation lab will focus on identifying opportunities to address pressing business needs, including enterprise service-oriented architecture (enterprise SOA) adoption, green IT and virtualization techniques to assist with enterprise software implementation. The SAP Co-Innovation Lab Tokyo is endorsed by the following partners: ABeam Consulting Ltd., Dell Japan Inc., FUJITSU LIMITED, F5 Networks Japan K.K., HITACHI, Ltd., IBM Business Consulting Services K.K., IBM Japan, Ltd., Intel Corporation, Microsoft Co., Ltd., Mitsubishi Electric Information Systems Corporation, NEC Corporation, NetApp K.K., REALTECH JAPAN Co., Ltd., Sun Microsystems K.K., Tecnos Japan Inc., Toyo Business Engineering Corporation and VMware K.K.
"Japan is recognized as the leader in the world for high-value technology," said Yoichiro Yatsurugi, president and CEO, SAP Japan. "The SAP Co-Innovation Lab in Tokyo will be a hub, where SAP Japan and partners can prototype and showcase solutions with the newest technology to meet the specific needs of Japanese customers, as well as introduce innovative ideas from Japan to the world."
The SAP Co-Innovation Lab will focus on utilizing a global talent pool and fostering collaboration on projects based around a simulated heterogeneous data center integrating hardware and infrastructure software from the participating vendors. To best meet the needs of companies in today's global environment, the lab's work will re-create real-world situations on Web- enabled and Internet- or intranet-accessible business applications.
As part of the SAP Co-Innovation Lab Tokyo launch, two engagements have already delivered results, exemplifying the rapid benefits that co-innovation can deliver.
Reducing IT-Related Energy Consumption
Intel Corporation and SAP have been cooperating closely worldwide, and, in Japan, their collaboration focuses on so-called "green IT" projects. Green IT is a key topic in Japan, a country that has initiated many environmental campaigns. In the facility that today becomes the SAP Co-Innovation Lab Tokyo, Intel and SAP have completed a green IT-related validation effort focused on identifying opportunities to reduce energy consumption and CO2 emissions with enterprise solutions.
Using servers powered by Quad Core Intel(R) Xeon(R) processors that replace older, single-core processors, total energy consumption related to the use of SAP(R) ERP was reduced by more than 50 percent. These energy consumption measurements used SAP ERP load cycles simulating 24 hours of server usage, including daily dialog processing and night batch job processing running under absolutely comparable conditions. These results are being made available to the public for the first time, which will help customers make more intelligent investment decisions.
"We welcome the opening of the SAP Co-Innovation Lab in Tokyo," said Kaz Yoshidaco-president, Intel K.K. "Intel new multicore processor products based on Intel(R) 45nm High-k silicon process technology are eco-friendly processors with high performance and excellent power efficiency. We expect that the co- innovation lab will accelerate the R&D of eco-friendly and innovative solutions on an Intel-based platform that meet the needs of customers in Japan. We also expect that the efforts of the SAP Co-Innovation Lab Tokyo will help business development."
Speeding Time to Value for ERP Upgrades
Together with VMware Japan, SAP used the lab setting to identify the advantages of employing virtualization in SAP ERP upgrade projects using servers equipped with multi-core Intel processors. The one-month project proved that unifying existing servers into a virtual environment is possible through upgrade, and that system-proving activities can be done more easily utilizing VMware solutions. The result of this project was a white paper that partners and customers can use as a guide to achieving advantages throughout the upgrade process. As adoption of SAP ERP continues to build, SAP and partners are providing relevant tools and solutions that enable companies to take advantage of opportunities to improve business processes within the implementation process, enabling them to more rapidly deliver benefits to the business.
Inagural Co-Innovation Lab Exemplifies Success
Opened in June 2007, SAP's inaugural co-innovation lab in Palo Alto, California has demonstrated continuous success in innovation. With projects covering topics such as enterprise collaboration, SOA management, disaster recovery for SAP environments and business performance management, SAP and its lab partners have identified numerous solutions to address specific customer needs (see June 18, 2008 press release, titled "Ground-Breaking Projects Emerging from SAP Co-Innovation Lab Address Today's Pressing Business Challenges").
"The addition of the SAP Co-Innovation Lab in Tokyo exemplifies the reach and power of the SAP ecosystem," said Zia Yusuf, executive vice president, Global Ecosystem and Partner Group, SAP. "It is a natural fit for Japan, a global leader in technological innovations, to be the location of our second co-innovation lab. The region's traditionally strong focus on custom development makes it a prime location for co-innovation with customers and partners, which can be delivered to SAP's global customer base. We are proud of our recognized spirit of collaboration."
About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 47,800 customers (excludes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." (For more information, visit http://www.sap.com/)
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Copyright (C) 2008 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Lindsey Held, +1 (650) 320-3542, lindsey.held@sap.com, PDT
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT;
press@sap.com
Catherine Malone, Burson-Marsteller, +1 (415) 317-0309,
catherine.malone@bm.com, PDT
Maria Cubeta, Burson-Marsteller, +1 (415) 591-4070,
maria.cubeta@bm.com, PDT
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SAP AG
CONTACT: Lindsey Held, +1-650-320-3542, lindsey.held@sap.com, PDT, of
SAP AG, or SAP Press Office, +49 (6227) 7-46315, CET, +1-610-661-3200, EDT,
press@sap.com; or Catherine Malone, +1-415-317-0309, catherine.malone@bm.com,
PDT, or Maria Cubeta, +1-415-591-4070, maria.cubeta@bm.com, PDT, both of
Burson-Marsteller, for SAP AG
Web site: http://www.sap.com/
Motorola's Cost-Effective Wireless Ethernet Bridge Enables Connectivity Almost AnywhereMotorola's new Point-to-Point 300 advanced technology introduces carrier-class performance at a new level of affordability
SCHAUMBURG, Ill., July 16 /PRNewswire-FirstCall/ -- Motorola Inc. today announced its new Wireless Ethernet Bridge -- the PTP 300 Series (http://www.motorola.com/ptp). This solution provides enterprises and government agencies with carrier class connectivity while offering a strong return on investment compared with alternatives.
Connecting with up to 99.999 percent reliability, the PTP 300 performs in challenging geographical and extreme environmental conditions including urban areas, hills, over water, and desert terrain. These wireless bridges can cover a line-of-sight distance of up to 155 miles, with near-line-of-sight and non-line-of-sight (NLOS) ranges of up to 25 miles and 6 miles respectively. Operating in the 5.4 and 5.8 GHz bands at data rates up to 25 Mbps, the PTP 300, which is part of Motorola's Wireless Broadband portfolio, also boasts the highest spectral efficiency and system gain for radios in its class. In addition, customer and channel partners can use the new next-generation radio frequency (RF) planning tool -- PTP LINKPlanner (http://www.motorola.com/ptp/support) -- to determine link viability and optimization in challenging environments prior to purchase.
"Technologies previously only found in high-end NLOS solutions are now available in the new cost effective and economical PTP 300 platform," said Shaukat Ahmed Reshi, CEO of SAR Telecom. "The new PTP 300 platform offers performance, features and reliability unmatched by any product in its class. It introduces high-end technology in a cost effective entry level solution enabling solution providers and operators a carrier grade product that makes business sense."
The PTP 300 cost-effectively supports a variety of demanding applications including: multimedia -- voice, video and data; IP gaming; distance learning and telemedicine; disaster recovery and events; wide area network backhaul; and fixed and wireless link backup.
The combination of Multiple-Input-Multiple-Output (MIMO) and intelligent Orthogonal Frequency Division Multiplexing (i-OFDM) also enable the PTP 300 to support backhaul from multiple access points to a point-of-presence and building-to-building and campus connectivity.
"The PTP 300 enables organizations to connect virtually anywhere," said Robert Baker, general manager of the Point-to-Point Product Group, Motorola. "Combining the same award-winning MIMO and i-OFDM technology will further enable organizations to enjoy carrier class wireless connectivity cost-effectively versus the more costly options such as leased lines, fiber or microwave links."
About Motorola
Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 communication company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.
MOTOROLA and the Stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2008. All rights reserved.
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Motorola
CONTACT: Kelly Harder of Motorola, Inc., +1-312-209-0123,
Kelly.harder@motorola.com
Web site: http://www.motorola.com/
012 Smile.Communication's Second Quarter Earnings Release and Conference Call Scheduled for August 13, 2008
PETACH TIKVA, Israel, July 16 /PRNewswire-FirstCall/ -- 012 Smile.Communications today announced that it will release its second quarter results on Wednesday , August 13, 2008, before the market is opened. On the same day, Management will host an interactive teleconference to discuss the results at 09:00 a.m. EST. To participate, please call one of the following access numbers several minutes before the call begins: 1-888-407-2553 from within the U.S. or 1866-9586-867 from within Canada, 0-800-917-5108 from within the U.K., or +972-3-918-0691 from other international locations. The call will also be broadcast live through the company's Website, http://www.012.net/, and will be available there for replay during the next 30 days.
About 012 Smile.Communications
012 Smile.Communications is a growth-oriented communication services provider in Israel with a leading market position, offering a wide range of broadband and traditional voice services. Its broadband services include broadband Internet access with a suite of value-added services, specialized data services and server hosting, as well as new innovative services such as local telephony via voice over broadband and a WiFi network of hotspots across Israel. Traditional voice services include outgoing and incoming international telephony, hubbing, roaming and signaling and calling card services. 012 Smile.Communications services residential and business customers, as well as Israeli cellular operators and international communication services providers through its integrated multipurpose network, which allows it to provide services to almost all of the homes and businesses in Israel.
012 Smile is a 72.4 % owned subsidiary of Internet Gold Golden Lines Ltd. one of Israel's leading communications groups with a major presence across all Internet-related sectors. In addition to 012 Smile, its 100% owned Smile.Media subsidiary manages a growing portfolio of Internet portals and e-Commerce sites. Internet Gold and 012 Smile are part of the Eurocom Communications Group. 012 Smile's shares trade on the NASDAQ Global Market and on the Tel Aviv Stock Exchange.
For additional information about 012 Smile.Communications Ltd., please visit the Company's investors' site at http://www.012.net/..
Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, general business conditions in the industry, changes in the regulatory and legal compliance environments, the failure to manage growth and other risks detailed from time to time in 012 Smile.Communications' filings with the Securities Exchange Commission. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement.
For further information, please contact:
Ms. Idit Azulay
012 Smile.Communications Ltd
+972-72-2003848
i.azulay@smile.net.il
012 Smile.communications Ltd.
CONTACT: For further information, please contact: Ms. Idit Azulay, 012
Smile.Communications Ltd, +972-72-2003848, i.azulay@smile.net.il
BERTL recognizes Lexmark's MarkVision Professional solution as BERTL's Best
LEXINGTON, Ky., July 16 /PRNewswire-FirstCall/ -- Lexmark International, Inc.'s MarkVision Professional device management utility was recently honored with a BERTL's Best 2008 award, the highest honor from BERTL, a leading independent test laboratory. The solution was recognized for Best Extensive MFP/Printer Network-Management Solution.
MarkVision Professional is a solution designed to help network administrators easily set up, configure, manage, and troubleshoot their networked printing devices. Real-time monitoring allows users to be notified immediately of printer events, such as the need to order a new toner cartridge.
"Web-based MarkVision Professional provides a vast range of capabilities for monitoring and administrating network-connected printers across the enterprise," said BERTL. "With it, network administrators can quickly and efficiently discover, organize, group, configure, and upgrade groups of network devices. Administrators can quickly assess the status and configuration of network devices."
"The MarkVision Professional network-management solution gives customers complete control of their networked printing environment around the clock. Customers can improve their productivity by proactively managing their printing devices through an alert-driven architecture," said Marty Canning, Lexmark vice president and president of its Printing Solutions and Services Division. "We are proud that MarkVision Professional has been acknowledged with a BERTL's Best award."
Learn more about MarkVision Professional, or download it at no charge at http://www.lexmark.com/ or http://www.markvisionprofessional.com/ .
BERTL, which reviews current and new products in the areas of digital imaging, software and management utilities, gives BERTL's Best awards to devices and software that stand apart from the competition. Functionality, feature set and performance are key considerations in judging what product or solution is worthy of BERTL's Best recognition.
About Lexmark
Lexmark International, Inc. provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2007, Lexmark reported $5.0 billion in revenue. Learn how Lexmark can help you get more done at http://www.lexmark.com/.
Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.
All prices, features, specifications and capabilities are subject to change without notice.
Lexmark International, Inc.
CONTACT: Melissa Lucas of Lexmark International, Inc., +1-859-232-5806,
mlucas@lexmark.com
Web site: http://www.lexmark.com/
http://www.markvisionprofessional.com/
Dot Hill Selected by General Dynamics C4 SystemsDot Hill's R/Evolution RAID Storage Architecture Will Support the US Army's Future Combat Systems Program
CARLSBAD, Calif., July 16 /PRNewswire-FirstCall/ -- Dot Hill Systems Corp. , a market leader in providing high performance, flexible storage offerings and responsive service and support to original equipment manufacturers (OEMs) and system integrators, today announced it was chosen as a subcontractor by General Dynamics C4 Systems to provide technology to support development of a conduction cooled RAID controller storage module for the U.S. Army's Future Combat Systems (FCS) program's Integrated Computer System (ICS).
As the Command, Control, Communications, Computing, Intelligence, Surveillance and Reconnaissance (C4ISR) infrastructure used across all FCS platforms, the ICS system will provide computer processing, networking, information assurance and data storage resources necessary to support the network-centric operations of FCS.
Under the terms of the contract, Dot Hill's industry-leading Rapid Evolution (R/Evolution(TM)) RAID-based architecture will be used to meet the data and networking performance and reliability needs of the FCS, a family of advanced, networked air- and ground-based military systems for use by the Army's Future Forces.
Dot Hill technology is currently integrated into harsh environment applications with several international defense contractors.
Dot Hill offers Prime Contractors a complete family of mobile and rugged storage systems -- from its entry-level Series 2000 to its flagship NEBS Level 3 and MIL-STD-810F-certified Series 5000, with enhanced performance supporting more than 1.3 gigabytes per second throughput and 150,000 IOPS. This unique family-based approach enables customers with the ability to upgrade systems easily to protect their investment and avoid the high cost barriers and time-to-market penalties that changing embedded real-time computing systems normally incur. In addition, Dot Hill offers unparalleled scalability and fully fault-tolerant solutions required for emerging USDOD C4ISR applications.
"We are proud to support General Dynamics C4 Systems and the U.S. Army," said Cooper Cowart, vice president, worldwide marketing, Dot Hill. "Dot Hill storage solutions offer the ruggedness, performance and scalability needed to withstand arduous mission-critical operating environments - in this case, the battlefield - where failure is not an option."
About Dot Hill
Delivering innovative technology and global support, Dot Hill empowers the OEM community to bring unique storage solutions to market, quickly, easily and cost-effectively. Offering high performance and industry-leading uptime, Dot Hill's RAID technology is the foundation for best-in-class storage solutions offering enterprise-class security, availability and data protection. The company's products are in use today by the world's leading service and equipment providers, common carriers, advanced technology and telecommunications companies as well as government agencies. Dot Hill solutions are certified to meet rigorous industry standards and military specifications, as well as RoHS and WEEE international environmental standards. Headquartered in Carlsbad, Calif., Dot Hill has offices and/or representatives in China, Germany, Japan, United Kingdom and the United States. For more information, visit us at http://www.dothill.com/.
Approved for Public Release, Distribution Unlimited, PM FCS 7 JULY 2008, case 08-108.
Certain statements contained in this press release regarding matters that are not historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include statements regarding Dot Hill's continued relationship with General Dynamics, the success of that relationship, the future availability of certain product features and the performance of any product or solution in any particular environment. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. The risks that contribute to the uncertain nature of the forward-looking statements include: the risk that General Dynamics may cancel significant orders, revise its product forecasts or terminate its agreement with Dot Hill; the fact that there are no minimum purchase requirements in the agreement between Dot Hill and General Dynamics; changing customer preferences in the Open Systems computing market; and other unforeseen supply, technological, intellectual property or engineering issues. However, there are many other risks not listed here that may affect the future business of Dot Hill, as well as the forward-looking statements contained herein. To learn about such risks and uncertainties, you should read the risk factors set forth in Dot Hill's public filings with the SEC, including the Forms 8-K, 10-K and 10-Q most recently filed by Dot Hill. All forward-looking statements contained in this press release speak only as of the date on which they were made. Dot Hill undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Dot Hill Systems Corp.
CONTACT: Erin Lutz of Lutz PR, +1-949-293-1055, erinlutz@cox.net, for
Dot Hill Systems Corp.
Web site: http://www.dothill.com/
HealthFitness Expands eHealth Content, Providing Health Management Clients With Five Times More Health Information OnlinePartnership with EBSCO Publishing brings clients enhanced eHealth resource
MINNEAPOLIS, July 16 /PRNewswire-FirstCall/ -- HealthFitness (OTC Bulletin Board: HFIT) announced today it has quintupled the amount of education content on its Web-based eHealth platform. The enhancements were realized through a new partnership with EBSCO Publishing and became available to HealthFitness customers through the HealthFitness eHealth platform on July 1. HealthFitness is a leading provider of employee health management programs. Managing more than 400 fitness centers globally, the company also offers a suite of health management services on-site, Web-based and telephonically.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070830/HFLOGO )
Health Library(TM) from EBSCO Publishing is URAC-accredited with content written and reviewed by qualified medical experts. It is organized and accessible in a Web-friendly format that is designed to be used the way consumers seek information on the Internet. Content is available in Spanish as well as in English, and is written in layman's terms so consumers can easily understand it.
According to research from the Pew Internet and American Life Project, 80 percent of American Internet users have searched for health information topics online. The information now available to HealthFitness clients includes disease fact sheets, information about procedures and tests, magazine-style articles about wellness topics, alternative and natural treatments, a drug database that provides details about prescriptions and a medical dictionary. Illustrations and animations help support understanding of the material, which can be seamlessly integrated into a client's employee health portal.
"Health Library offers tools that HealthFitness clients can use to help employees better understand their health status, and to make conversations with their health care providers more robust when they do seek care," said Gregg O. Lehman, Ph.D, president and CEO of HealthFitness. "Informed consumers can take steps to improve their own health, and Health Library is a trusted resource they can turn to at any time to get the answers they need."
In addition to the wealth of information available through Health Library, HealthFitness's Medical Director Jim Reynolds, MD, said the resource is notable for the quality of the information presented.
"The condition and procedure fact sheets cover 95 percent of all the issues American consumers will encounter, so we're putting a lot of valuable information into the hands of our clients and their employees through this library," Reynolds said. "We are very pleased we can provide materials that are reviewed by qualified medical experts and subjected to a rigorous review process. So much of what consumers find by just surfing the Internet isn't medically reviewed. Our clients can have confidence that what they read in Health Library is verified and scientifically based."
About HealthFitness
HealthFitness is a leading provider of employee health improvement services to Fortune 500 companies, the health care industry and individual consumers. Serving clients for more than 30 years, HealthFitness partners with employers to effectively manage their health care and productivity costs by improving individual health and well-being. HealthFitness serves more than 300 clients globally via on-site management and remotely via Web and telephonic services. HealthFitness provides a complete portfolio of health and fitness management solutions including a proprietary health risk assessment platform, screenings, EMPOWERED(TM) Health Coaching and delivery of health improvement programs. HealthFitness employs more than 3,000 health and fitness professionals in national and international locations who are committed to the company's mission of "improving the health and well-being of the people we serve." For more information on HealthFitness, visit http://www.hfit.com/ .
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070830/HFLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
HealthFitness
CONTACT: Karla Hurter of Health2 Resources, +1-703-319-0957,
khurter@health2resources.com, for HealthFitness
InvestEdge Partners with SEI to Provide Enhanced Regulatory Compliance Solutions for BanksInvestEdge Compliance Module Offers Tools for Automating Reg. 9 Reviews and Exception-based Portfolio Monitoring
PHILADELPHIA, July 16 /PRNewswire/ -- InvestEdge, Inc., a rapidly growing provider of wealth management solutions to large HNW and UHNW investment firms, recently signed an agreement with SEI , a leading global provider of outsourced asset management, investment processing and investment operations solutions, to offer its compliance monitoring tools through SEI's solution.
Through this relationship, SEI will offer its bank investment processing clients the option of using the tools developed by InvestEdge, helping SEI's clients to meet their compliance requirements in a more automated manner.
Most notably, InvestEdge's web-based offering provides banks and trusts with workflow tools that simplify account reviews and reporting processes. The system equips firms to identify and prioritize accounts due for review, and then directs them through the approval process. All comments and actions taken throughout are documented and saved for reporting purposes.
The system includes an exception-based compliance engine for asset-level portfolio monitoring. Through daily compliance checks, it proactively analyzes portfolio holdings and allocations to ensure alignment with customer mandates, firm policies, and government regulations.
"One of our key reasons for partnering with InvestEdge is to continue to help our clients to transition compliance from a reactive event to a proactive process," says David Campbell, Senior Vice President for SEI's Private Banking Solutions. "The InvestEdge compliance system equips firms to automate Reg. 9 review processes and more closely monitor accounts via daily checks. We believe this will be a valuable addition to our solution for the bank and trust market."
Bob Stewart, CEO of InvestEdge adds, "SEI holds a dominant position in the bank and trust market. Our relationship is a win for everyone involved. SEI's clients will benefit from our industry proven compliance system, SEI is able to extend the value of its solution, and InvestEdge will greatly expand its reach into our core market. We're very enthusiastic about where this will lead."
About InvestEdge, Inc.
InvestEdge is a leading provider of wealth management solutions to large banks, trust companies, brokerage firms, and financial advisors. Through an integrated wealth management platform, InvestEdge automates key front office functions including portfolio management, performance measurement, client reporting, compliance monitoring, trade automation and relationship management. Founded in June of 2000, InvestEdge is quickly growing through the addition of major customers such as Wilmington Trust, Glenmede Trust, TD Banknorth, and Greycourt and Co. To learn more, visit http://www.investedge.com/ or call 1-800-830-1839.
About SEI
SEI is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of March 31, 2008, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $424 billion in mutual fund and pooled assets and manages $185 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations from more than 20 offices in over a dozen countries. For more information, visit http://www.seic.com/.
InvestEdge, Inc.
CONTACT: Matthew Hutchison, Vice President, Marketing of InvestEdge,
Inc., +1-412-860-8067, or mhutchison@investedge.com
Web site: http://www.investedge.com/
http://www.seic.com/
Trina Solar Announces Selected Estimated Second Quarter Results
CHANGZHOU, China, July 16 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited ("Trina Solar" or the "Company"), a leading integrated manufacturer of photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, today announced its selected estimated unaudited financial results for the second quarter of 2008.
For the second quarter of 2008, the Company expects its net revenues to be in the range of approximately $200 million to $205 million, exceeding its forecasted range of $169 million to $177 million. The new range represents an approximately 65% to 70% increase from its net revenues in the first quarter of 2008. During the quarter, the Company shipped approximately 47MW of PV modules. Gross margin is expected to be in the range of approximately 22.5% to 23.5%, and operating margin is expected to be in the range of approximately 14.0% to 15.2% for the second quarter of 2008. As these results are subject to the Company's normal, quarter-end closing procedures, the Company's actual results may differ from its current estimates.
"We are very pleased with our strong growth in the second quarter," said Mr. Jifan Gao, Trina Solar's Chairman and CEO. "We believe our achievement is due to our sales distribution strategy, our highly recognized brand in the marketplace and strong market demand for our products."
Based on customer commitments in signed contracts and the Company's current operating and market conditions, the Company believes it is on track to meet or exceed its 2008 targeted total net revenues of between $770 million and $808 million.
About Trina Solar Limited
Trina Solar Limited , through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd, is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since it was founded in 1997 as a system installation company. Trina Solar is currently one of the few PV manufacturers that has developed a vertically integrated business model from the production of monocrystalline and multicrystalline ingots, wafers and cells to the assembly of high quality modules. This integrated value chain helps to ensure that high quality products can be delivered to its end customers around the globe, including a number of European countries, such as Germany, Spain and Italy. Trina Solar's solar modules provide reliable and environmentally-friendly electric power for residential, commercial, industrial and other applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com/ .
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, Trina Solar's ability to raise additional capital to finance its activities; the effectiveness, profitability, and marketability of its products; the future trading of the securities of the Company; the ability of the Company to operate as a public company; the period of time for which its current liquidity will enable the Company to fund its operations; the Company's ability to protect its proprietary information; general economic and business conditions; the volatility of the Company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.
For more information, please contact:
Trina Solar Limited
Terry Wang, CFO
Tel: +86-519-8548-2008 (Changzhou)
Thomas Young, Director of Investor Relations
Tel: +86-519-8548-2008 (Changzhou)
Email: ir@trinasolar.com
CCG Elite Investor Relations
Crocker Coulson, President
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Ed Job, CFA
Tel: +1-646-213-1914
Email: ed.job@ccgir.com
Trina Solar Limited
CONTACT: Trina Solar Limited, Terry Wang, CFO, +86-519-8548-2008
(Changzhou); or Thomas Young, Director of Investor Relations,
+86-519-8548-2008 (Changzhou); or ir@trinasolar.com; or CCG Elite Investor
Relations, Crocker Coulson, President, +1-646-213-1915, or
crocker.coulson@ccgir.com; or Ed Job, CFA, +1-646-213-1914, or
ed.job@ccgir.com
Web site: http://www.trinasolar.com/
Iomega Extends Leadership in External Portable Storage With New EMC Backup Bundle Integrating Local and Online BackupIndustry-Leading Iomega Hard Drives Integrate MozyHome Backup Service with EMC Retrospect Backup Software
SAN DIEGO, July 16 /PRNewswire/ -- Iomega Corporation, an EMC company and a global leader in consumer and small business data protection, today announced an industry first in integrating local and remote backup in a single product offering. Iomega external hard drives are now rolling out with a new downloadable software bundle that integrates EMC(R) Retrospect(R) Express backup and recovery software with Mozy(TM) online backup service, vastly improving the convenience of securely storing, protecting and accessing important files.
Today's announcement marks the first time that EMC-owned brands and market leaders Iomega, Retrospect and Mozy have united to offer consumers a single integrated hardware and software solution for nearline and online backup. EMC acquired Iomega in June, having previously purchased Dantz Development Corporation, makers of Retrospect backup software; and Berkeley Data Systems, the developers of MozyHome(TM) and MozyPro(TM) online backup software.
"The combination of Iomega external hard drives with Retrospect backup software integrated with Mozy online backup service means storing, protecting and accessing digital files is now easier than ever before," said Jonathan Huberman, President of the Consumer and Small Business Products Group at EMC Corporation. "Computer users now have a seamless backup system for local backup of every file, as well as backup to the cloud for files that warrant another copy. This bundled solution provides the versatility of any time, anywhere access.
"Industry-leading Iomega storage devices provide tremendous capacity and dependability for storing all of a user's files while Mozy and Retrospect Express work seamlessly with each other so the user has both regular local backups of all files as well as an extra level of security and remote access for files stored online," continued Huberman. "This integrated product combination is the first example of EMC's consumer and small business product division bringing computer users an unparalleled combination of the best hardware, software and services in the market today."
Iomega Hard Drive Owners Get a Total Storage Solution Right Out of the Box
Today, buyers of Iomega external hard drives can now choose the version of Retrospect Express backup software that is right for their needs, as well as the easy-to-use added bonus of 2 GB* of MozyHome online backup for free or unlimited MozyHome online backup storage for $4.95 a month**.
EMC(R) MozyHome is a consumer service that enables Windows and Mac users to securely back up important files -- such as photos, music, videos, financial documents and more -- over the Internet to world-class EMC data centers. By automatically sending copies of these files to a safe, remote location, MozyHome provides protection against fire, theft, natural disaster, and all the other unexpected events from which a local backup provides little or no relief. And because MozyHome backs up throughout the day and night, it provides an additional layer of protection from hardware failure and accidental deletion. With 2GB of free storage, MozyHome makes it easy to try online backup.
New buyers of Iomega hard drives will receive in the product box details on how to download the free license of the Retrospect Express software of their choice (for Windows or Macintosh platforms) and the MozyHome Free 2GB, as well as the offer of unlimited MozyHome online storage for $4.95 a month. Owners of Iomega hard drives that have previously downloaded Retrospect can update to these latest versions free of charge either through automatic product updates or by proactively going to the Help Menu within the Retrospect user interface and clicking on "Update." Registered Iomega customers with product still under warranty*** will be sent emails giving them information on how they can participate in this program as well.
There are three free download options of Retrospect software available to new owners of Iomega hard drives:
Retrospect Express HD 2.5 for Windows (includes MozyHome integration) works seamlessly to enable simple, reliable backups. The two programs can share setup information and send backups to either nearline storage (an external hard drive or network drive) or online storage (the internet), or both. Retrospect Express HD protects the contents of a PC by regularly making a backup copy and storing the backup on a second local hard drive or one on the network. It's easy, fast and reliable, and even backs up open files so that a computer does not have to be shut down to initiate a back up. A setup wizard guides the user through three quick steps: choose what to protect, select a hard drive to hold the backups, and set a schedule.
Retrospect Express 7.6 for Windows (with integrated launch into MozyHome or MozyPro) is more configurable for advanced users, protecting a single Windows desktop or notebook computer by backing up to internal and external hard drives, NAS devices, CD/DVDs and removable drives such as Iomega's award-winning removable HDD technology, the REV Backup Drive. Retrospect Express 7.6 delivers proven data protection capabilities in an easy-to-use software package that includes built-in open-file support. A launch button for MozyHome and MozyPro online backup software is built into Retrospect Express 7.6.
Retrospect Express for Macintosh 6.1 protects a single Macintosh desktop or notebook computer by backing up to internal and external hard drives, NAS devices, CD/DVDs and removable drives such as REV. Retrospect Express delivers proven data protection capabilities in an easy-to-use software package. MozyHome online backup service has not yet been integrated into Retrospect Express for Macintosh 6.1, but the MozyHome software available on the Iomega download site and supports Mac OS X 10.4 and above.
Iomega Portable and Desktop Hard Drives
Iomega has one of the broadest lines of portable and external desktop hard drives in the market today. Iomega 2.5-inch portable hard drives range in capacity from 80GB to 320GB, including the popular eGo(TM) portable hard drive, available in 160GB, 250GB and 320 GB models. Iomega portable hard drives are available as USB-powered models that require no external power supply, as well as dual interface models that incorporate USB 2.0 and Firewire 400 interfaces. Iomega's line of 3.5-inch desktop hard drives range in capacity from 500GB to 1.5TB, including the recently announced 1TB Iomega eGo Desktop Hard Drive, available in several personalized colors. Iomega desktop hard drives are available as USB 2.0 only, dual interface (USB 2.0 and Firewire 400, or USB 2.0 and eSATA), triple interface (USB 2.0, Firewire 400 and Firewire800), and tetra interface models (USB 2.0, Firewire 400, Firewire 800 and eSATA).
Availability
Iomega external hard drives with the new downloadable software bundle that integrates EMC(R) Retrospect(R) Express software with Mozy online backup service will be available this month in the U.S. at retail, online, catalogue and other channels; the integrated product offering will be available in international markets later this summer.
Users of EMC Retrospect Express can upgrade for a fee to EMC Retrospect Professional for Windows or Desktop for Macintosh to add increased functionality with computing environments that have more than one computer and/or mixed operating systems (Windows, Macintosh and Linux). Retrospect Professional and Windows or Desktop for Macintosh each comes with two additional heterogeneous clients so that users can backup three computers on a network. Users can also purchase more clients as needed. These Retrospect upgrades can be purchased through a channel partner such as a reseller for a significant cost savings.
About EMC
EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/.
About Mozy
Mozy is the leader in online data backup for consumers and businesses. With more than 750,000 users and 20,000 business customers, Mozy offers a simple, automatic and secure service for backing up data over the Internet. Mozy was acquired by EMC Corporation in 2007 and operates as part of the EMC Cloud Infrastructure and Services Division. Information can be found at http://www.mozy.com/.
About Iomega
Iomega Corporation, a wholly owned subsidiary of EMC Corporation headquartered in San Diego, is a worldwide leader in innovative storage and network security solutions for small and mid-sized businesses, consumers and others. The Company has sold more than 400 million digital storage drives and disks since its inception in 1980. Today, Iomega's product portfolio includes industry leading network attached storage products, external hard drives, and our award-winning removable storage technology, the REV(R) Backup Drive. OfficeScreen(R), Iomega's managed security services, available in the U.S. and select markets in Europe, provides enterprise quality perimeter security and secure remote network access for SMBs, which help protect small enterprises from data theft and liability. To learn about all of Iomega's digital storage products and managed services solutions, please go to the Web at http://www.iomega.com/. Resellers can visit Iomega at http://www.iomega.com/ipartner.
* 1 GB = 1,000,000,000 bytes.
** $4.95 per month for unlimited MozyHome online storage is limited to one desktop computer and may not be combined for use with more than one computer per Mozy Home account.
*** Iomega external hard drives have a one-year warranty in the U.S. and a two-year warranty in Europe and Asia.
Copyright(C) 2008 Iomega Corporation. All rights reserved. Iomega, REV, eGo, and OfficeScreen are registered trademarks of the Iomega Corporation in the United States and/or other countries. EMC, Mozy and Retrospect are registered trademarks of EMC Corporation or its subsidiaries. All other trademarks are the property of their respective holders.
Forward-Looking Statements
This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; and (xiv) other one- time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
EMC Corporation
CONTACT: Chris Romoser of Iomega Corporation, +1-858-314-7148,
romoser@iomega.com
Web site: http://www.emc.com/
http://www.mozy.com/
http://www.iomega.com/
http://www.iomega.com/ipartner
CGI selected for U.S. Navy SeaPort-e contract for it servicesStock Market Symbols GIB.A (TSX) GIB (NYSE)US Navy and Marine Corps gain new access to state-of-the-art solutions for war-fighting environment
FAIRFAX, VA, July 16 /PRNewswire-FirstCall/ -- CGI Federal, Inc., a wholly-owned U.S. operating subsidiary of CGI Group Inc., (NYSE: GIB; TSX: GIB.A) today announced that it was selected by the United States Navy to bid on work to be awarded under the SeaPort-e IDIQ (indefinite delivery / indefinite quantity) contract. SeaPort-e will be the US Navy's contract vehicle of choice to procure all future engineering, technical, logistics, program management and financial support services. The contract will be utilized by Naval Sea Systems Command, Naval Air Systems Command, Space and Naval Warfare Systems Command, Naval Supply Systems Command, Military Sealift Command, Naval Facilities Engineering Command, Strategic Systems Programs, Office of Naval Research, Defense Threat Reduction Agency, and the United States Marine Corps.
The government estimates a maximum of $5.3 billion of services will be procured annually via orders issued under the SeaPort-e multiple award contracts. The award has a 10 year period of performance with an initial term of one year, followed by a 5-year option period and a second 4-year option period.
Like other federal organizations, the US Navy is looking for ways to centralize and optimize its IT within a climate of new laws, policies, and procedures. SeaPort-e enables the Navy to rapidly procure services and focus on improving mission performance, quality, and standardization. The contract is also the prime vehicle to help the Navy procure a wide range of value-added consulting services to help keep pace with the rapidly evolving technology and war-fighting environment.
"CGI's selection by the U.S. Navy is an affirmation of our reputation in the federal market and the Navy's confidence in CGI to deliver state-of-the-art solutions and services," said Gail Guseman, Vice-President, CGI Federal. "We look forward to participating in the bidding process and winning work under this contract."
CGI's teaming partners include Automation Technologies, Inc., Capgemini Government Solutions, Chaash Inc., Enterprise Engineering Inc., Paragon Technology Group, Procentrix, Inc., Shaw Environmental & Infrastructure, Inc., Strategic Resolution Experts, Inc., Sterling Heritage Technology Corporation, Target Systems, TISTA Science and Technology Corporation, and Universal Consulting Service.
About CGI Federal
CGI Federal (http://www.cgi.com/\usfederal) is a wholly-owned U.S. operating subsidiary of CGI Group Inc., dedicated to providing effective IT solutions for federal government agencies by combining over 30 years of government experience and technology skills. Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 27,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.8 billion and at March 31st, 2008, CGI's order backlog was $12.04 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: http://www.cgi.com/.
CGI GROUP INC.
CONTACT: Peter Cutler, Director, Communications, (703) 227-6933,
peter.cutler@cgifederal.com
Nanette Lepore Standardizes on SonicWALL Technology For Its Network Security InfrastructureWorking with Systems Integrator Webistix Haute Couture Designer selects SonicWALL for anti-virus, e-mail, back-up and remote access security solutions
SUNNYVALE, Calif., July 16 /PRNewswire-FirstCall/ -- SonicWALL, Inc. , a leading secure network infrastructure company, today announced that internationally-known haute couture designer Nanette Lepore has selected SonicWALL technology to provide secure access to its distributed network and protect its Point of Sale system for all credit card transactions. Since implementing the SonicWALL infrastructure in 2007, Nanette Lepore has streamlined the network security infrastructure as well as protected both customers and employees from sophisticated and damaging security threats and credit card fraud.
"Unless a company is looking to implement a full blown IT staff, they have to look for a way and means of being able to manage the network with a very small staff and implement the best technology that requires minimal support," said Jose Cruz, Network Specialist for Nanette Lepore. "SonicWALL helps streamline IT while maintaining an effective IT presence within the company."
Nanette Lepore's Implementation:
Nanette Lepore is a haute couture fashion designer who works with high end clientele. In addition to having 10 boutiques in the states, one in London and one in Tokyo, her clothes can be found in premier retailers including Bergdorf Goodman, Neiman Marcus and Saks Fifth Avenue. Because of the distributed nature of Nanette Lepore's business, the company hired two full-time employees, including Cruz, to help manage and maintain each store's technology, POS, and inventory at the retail warehouse.
On Saturday, October 20, 2007, the FBI notified Nanette Lepore that hackers had compromised 1,300 credit and debit cards. Hackers had penetrated a supposedly secure network environment, changed the configuration file for the Netopia router, compromised its point of sale system, taken screen captures of customers' credit card purchases and then sold these stolen IDs to a buyer in Spain. Nanette Lepore was forced to shut down stores in Los Angeles, Las Vegas and New York, for 1-2 days, losing approximately $1-$1.5 million worth of business. Cruz immediately called Nanette Lepore's systems integrator, Webistix, asking for a review to create PCI compliant network security. Webistix analyzed the situation that very weekend and, based on their recommendation, Nanette Lepore selected SonicWALL for its network security.
"Webistix recommended SonicWALL to secure our network environment after reviewing PCI compliant Spec sheets," said Cruz. "We then engaged a PCI Auditor to target the Las Vegas store and attempt to breach the security. We passed with flying colors. From that point on, I installed SonicWALL TZ 180s in all of our stores."
Using SonicWALL, Nanette Lepore went from having a demonstrably vulnerable security system to being locked down to a point where the service company could not access the network for maintenance. All visitors -- whether it be network maintenance or investors -- have a temporary account with a timer on it. Nanette Lepore uses seven of SonicWALL's security solutions to protect its distributed network across the stores and its main warehouse, Point of Sales system, inventory management and business applications. Products used include the PRO 3060, the TZ 180, the SSL-VPN 2000, CDP 4440i and SES 300.
With SonicWALL's SSL-VPN, Nanette Employees can securely and remotely access their retail and inventory databases from a wide range of devices (a Mac, Powerbook, iPhone or a pocketPC) on multiple platforms (Mac or PC). With SonicWALL's CDP, Nanette Lepore is able to plug-and-play external hard drives and backup scripts instead of manually backing up tapes in the drives. The E- mail security and spam blocking solution blocks up to 25,000 spam emails per day.
Cruz has gone from spending an entire day trying to trouble shoot a down network and server to having no security problems at all. Now most of Cruz's time is spent reengineering the desktops and trying to think of new ways for the workflow of the design staff to go from the creative end to the finished product. Future uses include upgrading the TZ 180s and implementing WiFi in all of Nanette's conference rooms.
"Nanette Lepore has a reputation for being on time with all of our deliveries because of the way we do things. We're known as a leader and innovator in the industry," said Cruz. "After using SonicWALL, we have been able to enhance the value of this company. Our success has opened the eyes of a lot of people."
About SonicWALL, Inc.
SonicWALL is committed to improving the performance and productivity of businesses of all sizes by engineering the cost and complexity out of running a secure network. Over one million SonicWALL appliances have been shipped through its global network of ten thousand channel partners to keep tens of millions of worldwide business computer users safe and in control of their data. SonicWALL's award-winning solutions include network security, secure remote access, content security, backup and recovery, and policy and management technology. For more information, visit the company web site at http://www.sonicwall.com/.
Safe Harbor Regarding Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include but are not limited to statements regarding the benefits associated with deployment of SonicWALL solutions. These forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. In addition, please see the "Risk Factors" described in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2007, for a more detailed description of the risks facing our business. All forward-looking statements included in this release are based upon information available to SonicWALL as of the date of the release, and we assume no obligation to update any such forward-looking statement.
NOTE: SonicWALL is a registered trademark of SonicWALL, Inc. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
SonicWALL, Inc.
CONTACT: Colleen Nichols, +1-408-962-6131, cnichols@sonicwall.com, or
Sarah London, +1-408-962-6163, slondon@sonicwall.com, both of SonicWALL, Inc.
Web site: http://www.sonicwall.com/
Sirit Inc. Announces New Board AppointmentJohn Albright to join as the JLA Ventures representative
TORONTO, July 16 /PRNewswire-FirstCall/ -- Sirit Inc. ("Sirit") (TSX: SI), a leading provider of radio frequency identification ("RFID") technology, today reported the addition of Mr. John Albright as a new Director to the Company's Board of Directors. Mr. Albright replaces Mr. Rick Segal as the J.L. Albright III Venture Fund's representative.
Mr. Albright is the founding partner of JLA Ventures and brings a wealth of experience in the financial realm from fund raising to venture capital markets to long-term growth strategies. Mr. Albright is a Chartered Financial Analyst and received his Bachelor of Business Administration degree from the Schulich School of Business at York University.
The Company's Board is now comprised of Norbert Dawalibi, Cal Haverstock, George McKinnis, Howard Johnson, Robert Beauchemin, Barry Clark and John Albright. Mr. Barry Clark was elected to the Board at Sirit's last Annual General Meeting held in April 2008. Mr. Cal Haverstock was appointed by his fellow Directors as Chairman of the Board.
About Sirit Inc.
Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 14 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities can be customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, please visit http://www.sirit.com/.
Cautionary Note Regarding Forward Looking Statements
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Sirit to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting Sirit's business which are discussed in the section entitled "Description of the Business - Risks Factors" in Sirit's Annual Information Form dated March 14, 2008 as filed with the securities regulatory authorities in Canada via SEDAR. Although Sirit has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Sirit does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, further events or otherwise.
"Sirit", the Sirit Design and "vision beyond sight" are all trademarks of Sirit Inc. All other names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Sirit Inc.
CONTACT: Anastasia Chodarcewicz, Sirit Inc., (416) 367-1897 x227,
achodarcewicz@sirit.com
Pratt & Whitney Wins US$270 Million Order for V2500 Engines from Shenzhen Airlines
FARNBOROUGH, England, July 16 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- China's Shenzhen Airlines has selected the International Aero Engines V2500 to power 28 Airbus A320 family aircraft and back the engine order with a long-term V2500Select(R) agreement. The combined engine and aftermarket deal, which represents the first V2500 order from Shenzhen, is valued at more than $270 million to Pratt & Whitney, if all options are exercised. Pratt & Whitney, a United Technologies Corp. company, is a major participant in International Aero Engines (IAE).
Shenzhen Airlines currently operates a fleet of 19 Airbus A320 family aircraft with a further 14 on firm order. The aircraft will have the SelectOne(TM) build standard, with delivery beginning in June 2009.
The V2500-A5 is available in seven different thrust settings ranging from 22,000 lbs. to 33,000 lbs. to power the Airbus A319, A320 and A321 family of aircraft, as well as the A319 Corporate Jet. More than 5,000 V2500 engines are in service or on firm order. V2500Select(R) is a tailored package combining aftermarket support and the V2500 SelectOne(TM) engine upgrade, providing operators with reduced operating costs and a predictable budget.
IAE is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce, the Japanese Aero Engines Corporation and MTU Aero Engines. More than 1,300 V2500-powered aircraft have been delivered and the worldwide fleet has accumulated over 40 million flying hours.
Pratt & Whitney has over 16,000 aircraft engines installed with hundreds of airlines around the world. Additionally, Pratt & Whitney is a leading partner in two joint venture companies that manufacture commercial aircraft engines: International Aero Engines, which makes the V2500 for the Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200 engine is FAR 33 certified for the new Airbus A380.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.
This release includes "forward looking statements" concerning anticipated business opportunities that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include changes in the health of the global economy and the aerospace industry. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's 10-K, 10-Q and other reports filed with the SEC.
Matthew Perra Jennifer Whitlow
Pratt & Whitney Commercial Engines Pratt & Whitney
Int'l Mobile: +1.860.595.6515 Int'l Mobile: +1.860.214.7502
matthew.perra@pw.utc.com jennifer.whitlow@pw.utc.com
Pratt & Whitney
CONTACT: Matthew Perra of Pratt & Whitney Commercial Engines,
+1-860-595-6515, matthew.perra@pw.utc.com; or Jennifer Whitlow of Pratt &
Whitney, +1-860-214-7502, jennifer.whitlow@pw.utc.com
Web site: http://www.pratt-whitney.com/
Halifax Announces Fiscal 2008 Financial Results'The Company Forecasts Profitability for First Quarter'
ALEXANDRIA, Va., July 16 /PRNewswire-FirstCall/ -- Halifax Corporation today announced its financial results for the fiscal year ended March 31, 2008.
Revenues for fiscal year 2008 were $43.9 million compared to $50.7 million for the prior fiscal year. The decrease in revenues in 2008 was attributable to the termination of certain large nation-wide enterprise maintenance contracts, including the loss of a large aeronautic manufacturing customer.
The Company reported an operating loss of $1.8 million for fiscal 2008 as compared to a breakeven result for the prior fiscal year. The loss in fiscal year 2008 was primarily as a result of the loss of certain large nation-wide enterprise maintenance contracts, a charge to increase our reserve for obsolete inventory, the settlement of litigation and a charge for fees related to an acquisition transaction that failed to close. The increase in the reserve for obsolete inventory resulted from changes in the mix of the equipment that we support, as a result of technology upgrades by our customers.
The Company reported a net loss of $2.5 million or ($0.77) per basic and diluted share for fiscal year 2008. This compares to a net loss of $2.4 million or ($0.76) per basic and diluted share for fiscal year 2007. The net loss for fiscal year 2008 was attributable to reduced margins as a result of losses in revenue and increases in our reserve for obsolete inventory and operating costs. The net loss for fiscal year 2007 was principally the result of a loss on an equipment roll out project in the fourth quarter, a charge to increase our reserve for inventory obsolescence, and a charge to record a full valuation allowance on our deferred tax asset.
It was also noted that the Company is once again profitable and cash flow positive and we expect to report earnings for the quarter ended June 30, 2008 of approximately $200,000 or $0.06 per basic and diluted share.
Charles McNew, President and Chief Executive Officer, stated, "Fiscal year 2008 was a transition year for the Company and we believe the losses are now behind us. A significant portion of the losses were comprised of one time charges. We have carefully managed our cash flow and have been able to pay down a sizeable portion of our bank debt in recent months. We have also secured new long-term financing which combined with comprehensive restructuring actions has enabled us to enhance our service model while dramatically reducing labor costs and parts risk. We are confident that our new service model, which targets the supply chain management marketplace is rapidly positioning us for a return to market share expansion."
McNew added, "As we look forward to fiscal year 2009, we are forecasting a solidly profitable first quarter and believe there is a basis to view this as a sustainable environment. We are also continuing to develop a robust pipeline of new business opportunities for both Enterprise Logistics Services and Field Maintenance Solutions opportunities."
For the quarter ended March 31, 2008, revenues were $9.0 million compared to $13.0 million for the same period last year. The operating loss for the quarter ended March 31, 2008 was $887,000 compared to an operating loss of $822,000 for the same period last year. The Company reported a net loss of $955,000 or ($0.30) per basic and diluted share for the quarter ended March 31, 2008 compared to a restated net loss of $2.6 million or ($0.81) per basic share for the quarter ended March 31, 2007.
The Company will host a conference call for investors at 11 a.m. EDT on Wednesday, July 16, 2008, to review the financial and operational results for the quarter. The conference call phone number is 800-908-0783 for U.S. callers and 212-231-2904 for international callers. The conference call replay will be available from 1 p.m. EDT on Wednesday, July 16, 2008, to 1 p.m. EDT on Thursday, July 17, 2008. The replay number is 800-633-8284 for U.S. callers and 402-977-9140 for international callers. The reservation number is 21388610.
Founded in 1967, Halifax Corporation is an enterprise logistics and maintenance solutions company providing a wide range of technology services to commercial and government customers throughout the United States. The Company's principal products are enterprise logistics solutions and high availability hardware maintenance services. More information on Halifax can be found at http://www.hxcorp.com/.
Certain statements made by the Company which are not historical facts may be considered forward-looking statements, including, without limitation, statements as to trends, management's beliefs, views, expectations and opinions, which are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors described in the Risk Factors section in the Company's Annual Report on Form 10-K that may cause actual results to differ materially from those in the forward-looking statements. For further information that could affect the Company's financial statements, please refer to the Company's reports filed with the Securities and Exchange Commission.
Halifax Corporation
Summary Financial Data
(in 000's except per share amounts)
For the three months For the year ended
Statements of operations ended March 31, March 31,
2008 2007 2008 2007
Restated Restated
Revenues $8,993 $12,977 $43,873 $50,695
Operating costs and expenses 8,714 12,752 40,259 46,268
Gross profit 279 225 3,614 4,427
Selling, marketing, general &
administrative expense 1,166 1,047 4,594 4,427
Litigation settlement costs - - 410 -
Acquisition costs - - 458 -
Operating loss (887) (822) (1,848) -
Other income 4 9 31 32
Interest expense (120) (181) (654) (673)
Loss before income taxes (1,003) (994) (2,471) (641)
Income tax (benefit) expense (48) 1,573 (18) 1,769
Net loss $(955) $(2,567) $(2,453) $(2,410)
Loss per common share - basic and
diluted $(.30) $(.81) $(.77) $(.76)
Weighted average number of common
shares outstanding:
Basic and diluted 3,175 3,175 3,175 3,175
Balance Sheets
March 31, 2008 March 31, 2007
Current assets Restated
Cash $232 $1,751
Trade accounts receivable, net 10,206 11,345
Inventory, net 3,240 4,946
Prepaid expenses and other current assets 220 584
Total current assets 13,898 18,626
Property and equipment, net 1,001 1,225
Goodwill and intangibles, net 3,580 3,865
Other assets 111 121
Total assets $18,590 $23,837
Liabilities and Stockholders' Equity
Current liabilities
Accounts payable and accrued expenses $5,280 $6,375
Deferred maintenance revenue 4,309 3,058
Current portion of long-term debt 276 31
Bank debt 4,448 6,880
Auxiliary line of credit 60 1,000
Income taxes payable 35 11
Total current liabilities 14,408 17,355
Other long-term debt 325 120
Subordinated debt - affiliate 1,000 1,000
Deferred income 99 159
Total liabilities 15,832 18,634
Stockholders' equity 2,758 5,203
Total liabilities and stockholders' equity $18,590 $23,837
Halifax Corporation
CONTACT: Investor Relations, Tammy Erwin of Halifax Corporation,
+1-703-658-2422, terwin@hxcorp.com
Web site: http://www.hxcorp.com/
Company News On-Call: http://www.prnewswire.com/comp/391950.html
8x8, Inc. Partners With Aastra Telecom to Introduce Plug-and-Play IP Phones for Packet8 Business Phone Services
SANTA CLARA, Calif., July 16 /PRNewswire-FirstCall/ -- 8x8, Inc. , provider of Packet8 (http://www.packet8.net/) business, mobile and residential communication services, today announced the launch of a new line of broadband agnostic, plug-and-play IP phones designed to enhance the features and functionality of Packet8 business phone services.
Developed in conjunction with Aastra Telecom, a global provider of enterprise communication products, systems and solutions, the Packet8 675xi series of IP phones incorporates 8x8's advanced NAT traversal technologies to facilitate the same network-independent operational advantages Packet8 business customers currently enjoy with the existing Virtual Office business class phones and terminal adaptors. These include the ability to simply plug the phone into any public or private Internet connection and immediately make or receive calls without performing any network configuration or firewall manipulation. The Packet8 675xi IP phones also deliver enhanced equipment and service features including corporate directory display and lookup, intercom paging, shared line appearance and Power over Ethernet capability.
"We are pleased to be working with one of the most innovative telecommunications equipment manufacturers in the industry to bring this next generation of Packet8 business phones to market," said 8x8 Vice President of Sales & Marketing Huw Rees. "Small, cost conscious organizations that are migrating to IP telephony, particularly those that operate in multiple locations with different network configurations, will value the ease of use, sleek appearance, superior quality and geographic flexibility the Packet8/Aastra solution delivers. The addition of the Aastra phones to Packet8 Virtual Office will significantly enhance the end user experience and enable us to compete for even the most discriminating customer."
"Both 8x8 and Aastra pride themselves on their leading edge engineering expertise," said John Drolet, Vice President of Sales for Aastra Telecom. "We are very pleased to be working with 8x8, an established leader in the hosted iPBX space, and look forward to developing innovative, user friendly products and services with them in the future. An example of this partnership in action is the work we did together incorporating the 8x8 Network Address Traversal (NAT) code into our phones and interoperating this functionality with the 8x8 Virtual Office network. We look forward to a long and prosperous relationship moving forward."
The Packet8 675xi IP phone series consists of three models -- the 6753i entry level phone, 6755i intermediate phone and 6757i CT advanced phone -- each of which offers full duplex speakerphone functionality, programmable softkey appearances, LCD display screens, embedded XML browsers and up to nine call appearance lines. All models support "Power over Ethernet," eliminating the need for a separate power supply for the phone, and come equipped with dual auto-sensing switched Ethernet ports to eliminate additional wiring for a computer and simplify installations. Additional features enabled by the Packet8 675xi series include intercom paging and direct dial from a searchable corporate directory. Prices for the Packet8 675xi series range from $129.99 for the 6753i to $349.99 for the high end 6757i CT model which includes a DECT cordless phone as part of the bundled offer. The 6757i CT model's built in DECT antenna allows the user to roam up to a 300 foot radius from the 6757i CT base telephone.
To learn more about the Packet8 675xi IP phones or purchase them online, visit http://www.packet8.net/equipment/business/ip_phones.aspx.
About 8x8, Inc.
8x8, Inc. offers voice and video Internet-based telephony services for business and residential customers. Marketed under the Packet8(R) brand name, these hosted communications solutions enhance the value and functionality of existing broadband Internet connections by delivering advanced features and digital quality phone service at a fraction of the cost of legacy, copper wire alternatives.
The Packet8 Virtual Office(R) service, currently in use by over 12,000 companies, eliminates the need for traditional business phone systems by delivering all telephony services over managed or unmanaged Internet connections. This affordable, easy-to-use alternative to traditional PBX systems or Centrex class services allows high-speed Internet users anywhere in the world to be part of a virtual PBX that includes automated attendants, conference bridges, extension-to-extension dialing and ring groups, in addition to a rich variety of other business class features normally found on dedicated PBX equipment. 8x8's Packet8 Virtual Trunking services deliver a broadband agnostic IP trunking solution that allows businesses to benefit from the flexibility and cost efficiencies of VoIP (Voice over Internet Protocol), while retaining their existing phones and phone system hardware and optimizing the use of their existing connectivity to the Internet.
8x8 also offers residential, video and mobile digital phone services. For additional company information, visit 8x8's web site at http://www.8x8.com/. For information about Packet8 products and services, visit http://www.packet8.net/.
About Aastra
Aastra Telecom is a North American business unit of Aastra Technologies Limited ("Aastra"), a rapidly growing global company at the forefront of the Enterprise Communication market. Headquartered in Concord, Ontario, Canada, Aastra develops, markets, and supports a comprehensive portfolio of products, systems, and applications for building and accessing communication networks. Aastra's products include a full range of both open-standard Internet Protocol (IP)-based and traditional networking solutions including; Enterprise Private Branch Exchanges (PBXs), IP-PBX's, gateways, digital and analog telephone terminals, VoIP telephones, wireless handsets, and advanced software applications. For more information on Aastra, please visit our Web site at http://www.aastratelecom.com/ .
8x8, Inc.
CONTACT: Joan Citelli of 8x8, Inc., +1-408-687-4320, jcitelli@8x8.com
Web site: http://www.8x8.com/
http://www.packet8.net/
http://www.aastratelecom.com/
8x8, Inc. Introduces Packet8 Hosted Key System Services
SANTA CLARA, Calif., July 16 /PRNewswire-FirstCall/ -- 8x8, Inc. , provider of Packet8 (http://www.packet8.net/) business, mobile and residential communication services, today announced the introduction of new Packet8 hosted Internet Protocol (IP) telephony services designed to replace traditional premise-based telephone "key systems" typically used by companies whose size or structure dictates the sharing of multiple, common phone lines among employees, regardless of where the employees are located.
Driven by the new Packet8 675xi series of IP desktop phones and the addition of shared line appearance services to the Packet8 Virtual Office platform, the new hosted key system solution provides businesses an opportunity to migrate to VoIP without altering the features, functionality and user behavior they have traditionally relied upon.
"With the introduction of the Packet8 hosted key system solution, 8x8 has expanded its addressable market to include the millions of businesses that require shared line appearance services rather than the PBX functionality offered with our Packet8 Virtual Office hosted iPBX solution," said 8x8 Vice President of Sales & Marketing Huw Rees. "Our new line of IP phones has enabled us to deploy one of the first hosted key system services in the world, enabling businesses to benefit from the lower costs associated with VoIP while maintaining the familiar key system feature set they are used to. As with all of our other business services, we also maintain the capability of having the IP phones situated at any location anywhere in the world, enabling one of the first distributed, hosted, multi-office/home-office shared line appearance services in the market."
Ideal for offices where multiple users require the ability to view and answer more than one shared phone line at their desk or anywhere in the business, the Packet8 hosted key system solution includes a searchable corporate directory, direct intercom paging from phone to phone and shared line appearance functionality which allows a group of users to accept a call, place it on hold, page a colleague and ask them to pick up the call on any one of up to nine separate lines. The Packet8 675xi IP phones can be used with both the Packet8 hosted key system service as well as the Virtual Office hosted iPBX service, separately or in combination in the same office environment.
For additional information on Packet8 hosted key system services, visit http://business.packet8.net/key_systems/.
About 8x8, Inc.
8x8, Inc. offers voice and video Internet-based telephony services for business and residential customers. Marketed under the Packet8(R) brand name, these hosted communications solutions enhance the value and functionality of existing broadband Internet connections by delivering advanced features and digital quality phone service at a fraction of the cost of legacy, copper wire alternatives.
The Packet8 Virtual Office(R) service, currently in use by over 12,000 companies, eliminates the need for traditional business phone systems by delivering all telephony services over managed or unmanaged Internet connections. This affordable, easy-to-use alternative to traditional PBX systems or Centrex class services allows high-speed Internet users anywhere in the world to be part of a virtual PBX that includes automated attendants, conference bridges, extension-to-extension dialing and ring groups, in addition to a rich variety of other business class features normally found on dedicated PBX equipment. 8x8's hosted key system services are designed to replace traditional premise-based telephone "key systems" typically used by companies whose size or structure dictates the sharing of multiple, common phone lines among employees, regardless of where the employees are located. 8x8's Packet8 Virtual Trunking services deliver a broadband agnostic IP trunking solution that allows businesses to benefit from the flexibility and cost efficiencies of VoIP (Voice over Internet Protocol), while retaining their existing phones and phone system hardware and optimizing the use of their existing connectivity to the Internet.
8x8 also offers residential, video and mobile digital phone services. For additional company information, visit 8x8's web site at http://www.8x8.com/. For information about Packet8 products and services, visit http://www.packet8.net/.
8x8, Inc.
CONTACT: Joan Citelli of 8x8, Inc., +1-408-687-4320, jcitelli@8x8.com
Web site: http://www.8x8.com/
http://www.packet8.net/
CareerBuilder.com Launches WorkInRetail.com to Connect Retail Employers and Job Seekers
CHICAGO, July 16 /PRNewswire/ -- More than one-third (36 percent) of retail employers say they have open positions for which they cannot find qualified talent, according to a recent survey from CareerBuilder.com. To help retailers reach qualified workers and to educate job seekers about employment opportunities in retail, CareerBuilder.com has launched WorkInRetail.com, a new site that specifically connects job seekers with retail employers.
More than 150 leading retailers such as CarMax, Circuit City, Forever 21, Levi's and Target have already posted thousands of jobs on WorkInRetail.com. Corporate, hourly and management positions are available with retailers of all sizes and from all categories (e.g. apparel, electronics, sporting goods).
WorkInRetail.com allows job seekers to search opportunities by category, location and position and to apply for jobs, learn more about retail careers, explore education opportunities and get career advice. Employers can post jobs, view detailed candidate applications, reach out to qualified candidates and promote their employment brands and opportunities.
"WorkInRetail.com will help retailers compete more effectively with other industries for qualified talent and make the talent acquisition process much more efficient for retailers," said Ben Jablow, Managing Director of WorkInRetail.com. "Many job seekers are only aware of a few of the available retail positions, but in reality there are so many different types of retail jobs from finance to human resources to web development to market research to loss prevention. WorkInRetail.com will help elevate the profile of retail employment by educating job seekers about the long-term, diverse career opportunities that exist in retail."
Opportunity in Retail
"Retailers are increasing investments in education, training and leadership programs, so top performers can move up quickly," said Kathy Mance, Vice President of the NRF Foundation, the education and research arm of the National Retail Federation. "There are so many different facets of our industry that there really is a retail job for just about anyone."
Jablow cites the following as some of the additional benefits of working in retail:
1. Pursue your passions: Whether you're passionate about exploring the outdoors, the latest fashions, the intricacies of food or the hottest electronics gear, careers in retail allow you to bring your personal and professional passions together. Most retailers encourage and provide opportunities for employees to become experts in the products they market and sell.
2. Diversity: Retailers are looking for candidates with diverse backgrounds and experiences. Your area of study and previous employment can play a role, but aren't necessarily the deciding factors when it comes to employment. Retailers are looking for high quality individuals with a variety of experience that will help their organizations be more relevant to their customers.
3. Impact others: Whether it's working directly with customers or developing programs and services that affect customers' experiences, retail employees have the unique opportunity to impact others in their jobs.
4. Flexible schedules: Many retail jobs offer flexibility of work schedules. This isn't limited only to hourly positions, many retailers are also increasing flexibility when it comes to management and corporate positions.
About WorkInRetail.com
WorkInRetail.com is a division of CareerBuilder.com that connects job seekers and retail employers. Thousands of full-time and part-time retail jobs from over 150 retail employers are currently posted on the site. The opportunities span all experience levels and are posted by retailers of all sizes, categories and U.S. locations. Job seekers can instantly apply to positions and learn more about specific retailers and careers in the retail industry. Retail employers can post job opportunities, promote their employment brands and quickly evaluate candidates' qualifications. For more information, visit http://www.workinretail.com/.
About CareerBuilder.com
CareerBuilder.com is the nation's largest online job site with more than 23 million unique visitors and over 1.6 million jobs. Owned by Gannett Co., Inc. , Tribune Company, The McClatchy Company and Microsoft Corp. , the company offers a vast online and print network to help job seekers connect with employers. CareerBuilder.com powers the career centers for more than 1,600 partners, including 140 newspapers and leading portals such as America Online and MSN. More than 300,000 employers take advantage of CareerBuilder.com's easy job postings, 26 million-plus resumes, Diversity Channel and more. CareerBuilder.com and its subsidiaries operate in the U.S., Europe, Canada and Asia. For more information, visit http://www.careerbuilder.com/.
Media Contact
Tanya Flynn
773-527-5393
Tanya.Flynn@careerbuilder.com
CareerBuilder.com
CONTACT: Tanya Flynn, +1-773-527-5393, Tanya.Flynn@careerbuilder.com,
for CareerBuilder.com
Web site: http://www.careerbuilder.com/
http://www.workinretail.com/
Hong Kong Airlines Selects the V2500 Engine
FARNBOROUGH, England, July 16 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- Hong Kong Airlines has selected the International Aero Engines V2500 to power an Airbus A319 Corporate Jet (ACJ). Pratt & Whitney, a United Technologies Corp. company, is a major partner in International Aero Engines.
Hong Kong Airlines is scheduled to take delivery in September 2009. Hong Kong Airlines is a subsidiary of Hainan Airlines, which has also ordered the V2500 for 33 A320-family aircraft it has on firm order with Airbus.
The V2500-A5 is available in seven different thrust settings ranging from 22,000 lbs. to 33,000 lbs. to power the Airbus A319, A320 and A321 family of aircraft, as well as the A319 Corporate Jet. More than 5,000 V2500 engines are in service or on firm order.
IAE is a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Rolls-Royce (RR.L.), the Japanese Aero Engines Corporation and MTU Aero Engines. More than 1,400 V2500-powered aircraft have been delivered and the worldwide fleet has accumulated over 50 million flying hours.
Pratt & Whitney has over 16,000 aircraft engines installed with hundreds of airlines around the world. Additionally, Pratt & Whitney is a leading partner in two joint venture companies that manufacture commercial aircraft engines: International Aero Engines, which makes the V2500 for the Airbus A320 family of aircraft, and the Engine Alliance, whose GP7200 engine is FAR 33 certified for the new Airbus A380.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and building industries.
This release includes "forward looking statements" concerning expected revenue, earnings, cash flow and other matters that are subject to risks and uncertainties. Important factors that could cause actual results to differ materially from those anticipated or implied in forward looking statements include the health of the global economy and continued strength of the aerospace industry. For information identifying other important economic, political, regulatory, legal, technological, competitive and other uncertainties, see UTC's SEC filings as submitted from time to time.
Matthew Perra Jennifer Whitlow
Pratt & Whitney Commercial Engines Pratt & Whitney
Int'l Mobile: +1.860.595.6515 Int'l Mobile: +1.860.214.7502
matthew.perra@pw.utc.com jennifer.whitlow@pw.utc.com
Pratt & Whitney
CONTACT: Matthew Perra of Pratt & Whitney Commercial Engines,
+1-860-595-6515, matthew.perra@pw.utc.com; or Jennifer Whitlow of Pratt &
Whitney, +1-860-214-7502, jennifer.whitlow@pw.utc.com
Web site: http://www.pratt-whitney.com/
Electronic Game Card Inc. Schedules Conference Call to Present Second Quarter 2008 Earnings Results
NEW YORK and LONDON, July 16 /PRNewswire-FirstCall/ -- Electronic Game Card, Inc. (BULLETIN BOARD: EGMI) ("EGC"), announced today that it has scheduled a conference call for Friday, August 8, 2008 at 10:00 a.m. (ET) to discuss the Company's financial results for its second quarter 2008, which ended June 30, 2008. EGC intends to issue its earnings release after the close on August 7, 2008.
Conference Call Details:
Date/Time: Friday, August 8, 2008-10:00 a.m. (ET)
Telephone Number: 888-713-4214
International Dial-In Number: 617-213-4866
Participant Pass code: 12619290
Internet Access: http://www.electronicgamecard.com/ or
http://www.earnings.com/
It is recommended that participants phone-in at least 10 minutes before the call is scheduled to begin. Participants may pre-register for the call at https://www.theconferencingservice.com/prereg/key.process?key=P9B7GCAKF .
Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection. A replay of the conference call in its entirety will be available approximately one hour after its completion by dialing 888-286-8010 (U.S.), 617-801-6888 (International) and entering the pass code 27009948 and on the Internet at http://www.earnings.com/ .
Contact:
Yvonne L. Zappulla
Managing Director
Grannus Financial Advisors, Inc.
Call 212-681-4108 or e-mail yvonne@grannusfinancial.com
or
Roger Holdom
Electronic Game Card, Inc.
Call +44 207 451 2480 or e-mail investor.relations@electronicgamecard.com
About Electronic Game Card. Inc.
Electronic Game Card Inc., (OTCBB: EGMI), develops, produces and markets innovative games to the promotional industry, toys and games, casinos and lottery, and sports memorabilia markets worldwide. The Company's lead product is the EGC Electronic GameCard(TM), a unique credit card-sized pocket game combining patent-pending proprietary technology of interactive capability with
"instant win" excitement. The "EGC Electronic GameCard(TM)" can be programmed to suit a variety of gaming and promotion applications.
EGMI's client base is across the $100 billion global market of, sales promotion, gaming and casinos, Indian gaming and state and national lotteries markets. EGMI develops sales and marketing relationships with agents and distributors globally and currently has agents and distributors in North America, United Kingdom, Ireland, Mexico, Italy, Sweden, Norway, Denmark, Finland, South Africa, Australia, New Zealand and Japan.
For further information please visit http://www.electronicgamecard.com/
February 2008, Electronic GameCard(TM) received Gaming Laboratory International approval for security and product robustness and was awarded two international patents with multiple global patents pending. In July 2005, Electronic GameCard(TM) received Class II Gaming License status and in the same year the Public Gaming Research Institute (PGRI) named the Electronic GameCard(TM) as a 2005 Lottery Product of the Year.
Electronic Game Card, Inc.
CONTACT: Yvonne L. Zappulla, Managing Director of Grannus Financial
Advisors, Inc., +1-212-681-4108, yvonne@grannusfinancial.com; or Roger Holdom
of Electronic Game Card, Inc., +44 207 451 2480,
investor.relations@electronicgamecard.com
Web site: http://www.electronicgamecard.com/
OTI Enters French Electronic Parking Market with Acquisition of ID Parking- ID Parking Provides Electronic Parking Solutions in Approximately 40 Municipalities Across France- Platform for Offering EasyPark(TM) As Next Generation Parking Solution
FORT LEE, N.J., July 16 /PRNewswire-FirstCall/ -- On Track Innovations Ltd., (OTI) , today announced that it has acquired, through its subsidiary PARX Ltd., 100% of the share capital of ID Parking, a Paris based company that provides electronic parking solutions. This acquisition is in accordance with OTI's strategy of focusing on products and projects which generate high margin recurring revenues and supports OTI's global efforts to market the EasyPark(TM) product. The transaction provides OTI with a platform to readily access the French electronic parking payment market and offer multiple solutions for parking payment, including OTI's patented in-vehicle electronic parking meter -- the EasyPark(TM) product. The EasyPark(TM) business model is one in which revenues are generated from product sales, transaction fees and customer support.
PARX is OTI's subsidiary responsible for marketing, operating and distributing advanced parking solutions, including the EasyPark(TM) product, in the international markets. ID Parking, which will operate under the name of PARX France, currently provides electronic parking solutions for approximately 40 municipalities in France. ID Parking was purchased for an aggregate purchase price of 750,000 euro, comprised of 250,000 euro in cash and 500,000 euro in OTI shares. The OTI shares are subject to a lock-up arrangement, under which one third of those shares will be released from lock-up every six months following the closing date (for an aggregate period of 18 months). According to the lock up arrangement, the number of shares will be calculated according to the actual share price at the time of the release; in the case that the share value exceeds 500K Euro, a respective amount of shares will be forfeited, and if the value is less than 500K Euro, OTI will pay the difference in cash. A maximum of up to 300,698 of OTI ordinary shares have been allocated to complete the transaction.
Commenting on the transaction, Oded Bashan, OTI's Chairman and CEO, said "The transaction is in line with OTI's strategy to identify the most cost effective way in which to enter new markets. This acquisition will allow OTI to enter the French parking market while saving time to market and leveraging the existing customer base."
Bashan added: "We will continue to maintain and expand PARX France's customer base, while offering EasyPark(TM) as a next generation solution."
About OTI
Established in 1990, OTI designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking, loyalty programs and secure campuses. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards.
For more information on OTI, visit http://www.otiglobal.com/ , the content of which is not part of this press release.
Safe Harbor for Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Whenever we use words such as "will" ,"believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. Because such statements deal with future events and are based on OTI's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of OTI could differ materially from those described in or implied by the statements in this press release. For example, forward-looking statements include statements regarding our goals, beliefs, future growth strategies, objectives, plans or current expectations, such as those regarding the expected benefits of the acquisition of ID Parking and OTI's intention to maintain and expand PARX France's customer base, while offering EasyPark(TM) as a next generation solution. Forward-looking statements could be impacted by market acceptance of new and existing products and our ability to execute production on orders, as well as the other risk factors discussed in OTI's Annual Report on Form 20-F for the year ended December 31, 2006, which is on file with the Securities and Exchange Commission. Although OTI believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Except as otherwise required by law, OTI disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or circumstances or otherwise.
OTI Contact: Investor Relations
Galit Mendelson Paul Holm
Vice President of Corporate Relations portfoliopr
201 944 5200 ext. 111 212 888 4570
galit@otiglobal.com paulh@portfoliopr.biz
OTI
CONTACT: Galit Mendelson, Vice President of Corporate Relations, OTI,
+1-201-944-5200 ext. 111, galit@otiglobal.com; Investor Relations, Paul Holm,
portfoliopr, +1-212-888-4570, paulh@portfoliopr.biz, for OTI
Web site: http://www.otiglobal.com/
AirTran Airways Signs Exclusive EcoPower(R) Engine Wash Agreement
FARNBOROUGH, England, July 16 /PRNewswire-FirstCall/ -- FARNBOROUGH AIR SHOW -- JET Aircraft Maintenance, Inc., a designated service provider of Pratt & Whitney Global Service Partners EcoPower(R) engine wash services, signed an exclusive agreement with AirTran Airways, a subsidiary of AirTran Holdings . Pratt & Whitney is a United Technologies Corp. company.
Under the agreement, AirTran will use EcoPower(R) engine wash services on its fleet of 143 aircraft, which consists of Boeing 737-700s and 717-200s. AirTran is a low-fare airline offering business class, new planes with XM Satellite Radio, assigned seats and one of the world's youngest all-Boeing fleets.
"With today's rising fuel costs, we see EcoPower(R) engine wash, and this agreement with JET Aircraft Maintenance, as a key step to improving our operating costs," said AirTran Vice President of Maintenance and Engineering Kirk Thornburg. "Over time, we expect this agreement to save AirTran about a million gallons of fuel annually, which leads right to savings at the bottom line."
In December, Pratt & Whitney established a five-year agreement with JET Aircraft Maintenance, Inc. of Miami, Fla. The agreement authorizes JET to be the exclusive provider of the patented EcoPower(R) on-wing jet engine wash service at five airports in South Florida, with a capacity to wash as many as 1,000 engines per year.
"Pratt & Whitney's EcoPower(R) engine wash service is the best in the industry," said Miguel A. Villacorta, president and CEO, JET Aircraft Maintenance, Inc. "As a leading line maintenance provider in the United States, we are pleased to offer this effective, environmentally friendly service to AirTran."
EcoPower(R) washes reduce engine fuel burn by as much as 1.2 percent, eliminate three pounds of carbon dioxide emissions for every pound of fuel saved, and decrease exhaust gas temperature by as much as 15 degrees Celsius, improving performance and increasing the amount of time an engine can stay on wing.
The EcoPower(R) service uses a closed-loop system with pure, atomized water to wash aircraft engines, thus avoiding potential contaminant runoff. The system is more effective and much faster than traditional engine washing processes. Issued patents and applications cover various aspects of EcoPower(R) engine wash services in several countries relating to features such as water atomization, the closed-loop system, effluent collection process and purification techniques.
"We're pleased to have JET Aircraft Maintenance, Inc., as one of our strategic maintenance partners," said Jim Keenan, senior vice president & general manager, Pratt & Whitney Global Service Partners. "With key hubs in these popular South Florida markets, JET extends Pratt & Whitney Global Service Partners' ability to reach domestic airlines and European and Latin/South American carriers with our industry leading engine wash service."
Through its franchise agreement, JET operates EcoPower(R) service centers at Miami International Airport (MIA), Fort Lauderdale-Hollywood International Airport (FLL), Palm Beach International Airport (PBI), Tampa International Airport (TPA), and Southwest Florida International Airport (RSW).
JET Aircraft Maintenance, Inc. is a leading FAA and EASA certified repair station offering line maintenance support and services at 11 airports across the United States. With more than 600 PMA parts, JET offers flight deck crew seat repairs, overhauls, and class 3 expendables through its sister company JET Repair Center, Inc.
AirTran Airways, a subsidiary of AirTran Holdings, Inc., a Fortune 1000 company, ranked No. 1 in the 2008 Airline Quality Rating study. The airline offers more than 700 affordable, daily flights to 57 U.S. destinations, employs 8,900 friendly Crew Members. For more information and free online booking, visit airtran.com.
Pratt & Whitney Global Service Partners is a total service provider for engines made by Pratt & Whitney, International Aero Engines, General Electric, Rolls-Royce and CFMI. In addition to engine overhaul and repair services, GSP provides customers with improved engine performance and increased asset value through a portfolio of services including line maintenance, engine monitoring and diagnostics, environmentally friendly on-wing water washes, leased engines, custom engine service programs, and new and repaired parts.
Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies, based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and commercial building industries.
Pratt & Whitney:
Greg Brostowicz
P&W Global Service Partners
+1.860.565.1655
gregory.brostowicz@pw.utc.com
Jennifer Whitlow
Pratt & Whitney
+1.860.214.7502
jennifer.whitlow@pw.utc.com
AirTran Airways:
Judy Graham-Weaver
Manager of Public Relations
+1.678.254.7448
Judy.Graham-Weaver@airtran.com
JET Aircraft Maintenance:
Michael Villacorta
Director of Business Development
+1.786.845.3053
michael@jetgroup.net
Pratt & Whitney
CONTACT: Greg Brostowicz, P&W Global Service Partners, +1-860-565-1655,
gregory.brostowicz@pw.utc.com, or Jennifer Whitlow, +1-860-214-7502,
jennifer.whitlow@pw.utc.com, both of Pratt & Whitney; or Judy Graham-Weaver,
Manager of Public Relations of AirTran Airways, +1-678-254-7448,
Judy.Graham-Weaver@airtran.com; or Michael Villacorta, Director of Business
Development of JET Aircraft Maintenance, +1-786-845-3053,
michael@jetgroup.net
Web site: http://www.pratt-whitney.com/
http://www.airtran.com/
Kansas City's Historic Swope Memorial Golf Course Installs ProLink GPSGolfers Get Strategic Assistance, Course Earns Additional Revenue with Industry's Leading System
CHANDLER, Ariz., July 16 /PRNewswire-FirstCall/ -- ProLink Solutions, a wholly-owned subsidiary of ProLink Holdings Corp. (BULLETIN BOARD: PLKH) and the world's leading provider of Global Positioning Satellite ("GPS") golf course management systems and digital out-of-home on-course advertising, today announced that Swope Memorial Golf Course (Kansas City, Mo.) now features the ProLink Solutions GPS system used at many of the world's most famous golf courses and plans to participate in ProLink's exclusive national advertising opportunity.
Designed by legendary course architect A.W. Tillinghast and opened in 1934, Swope Memorial has challenged such golf greats as Sam Snead, Ben Hogan and Tom Watson over the years. Swope Memorial features gently rolling fairways bordered by mature trees, leading to small, undulating greens. While a relatively short 6,274 yards from the back tees, Swope Memorial boasts a strong USGA Slope rating of 132. It remains the only public course in the Kansas City area to have hosted a PGA TOUR event, the Kansas City Open.
"Swope Memorial is full of subtle strategic challenges, which makes the ProLink system's pinpoint yardages and hole depictions very helpful to our golfers," said Matt Roberts, General Manager at Swope Memorial. "We're also able to monitor the pace of play and send inclement weather warnings to each group when necessary. We anticipate lifting our food and beverage revenues and boosting tournament play thanks to the scoring software."
"It's a pleasure to count a historic course like Swope Memorial among our trusted partners," said Lawrence D. Bain, CEO of ProLink Solutions. "All courses, from the most modern resort to 'Golden Age' classics, can benefit from ProLink's management and revenue-generating technology. And with each facility added to our media network, ProLink delivers an ever-expanding audience of affluent golfers to our advertisers."
With ProLink's patented, 10.4" high-resolution color screen -- the industry's largest -- Swope Memorial's cart-mounted units display dynamic, easy-to-read graphics including distances to the pin and hazards, pro tips, pace-of-play timer and radial arc for cart-path-only holes. Golfers at Swope Memorial will also be able to order food and beverage items with a touch of a button on the ProLink screen.
For more information on Swope Memorial Golf Course, visit http://www.swopememorialgolfcourse.com/ or call 816.513.8910.
About ProLink
ProLink Solutions is the world's leading provider of GPS golf course management systems and revenue-generating on-course advertising. ProLink Solutions' core philosophy is to be a "Trusted Partner" to its golf-course customers. From enhancing golfers' overall experience and improving pace-of-play, to increasing current revenue streams and creating new profit centers for golf courses, ProLink Solutions' products and services have captured markets both nationally and globally. For more information about ProLink, visit http://www.goprolink.com/, call 480.753.2337 or email info@goprolink.com.
CONTACT:
Daniel Mitchell
Buffalo Communications
253.312.4536
dmitchell@billycaspergolf.com
Investor Relations Contact:
CEOcast, Inc.
Gary Nash
212.732.4300
gnash@ceocast.com
ProLink Holdings Corp.
CONTACT: Daniel Mitchell of Buffalo Communications, +1-253-312-4536,
dmitchell@billycaspergolf.com, for ProLink Holdings Corp.; or Investor
Relations, Gary Nash of CEOcast, Inc., +1-212-732-4300, gnash@ceocast.com, for
ProLink Holdings Corp.
Web site: http://www.goprolink.com/
http://www.swopememorialgolfcourse.com/
Dex and the City: Dex Enhances DexKnows.com With New City PagesNew City-specific Landing Pages Include Information on Local Businesses, Weather and More
CARY, N.C., July 16 /PRNewswire-FirstCall/ -- Thinking about visiting that new outdoor restaurant but not sure what type of reviews it's gotten or what the weather's going to be like? Interested in finding out the best places for auto repair in case your car suffers from the 100 degree heat? Look no further than DexKnows.com(TM), Dex's online local search site, which now features city-specific pages, each with a wealth of local information.
New DexKnows.com (http://www.dexknows.com/) city pages provide information on local businesses, weather and more in particular areas, making it even easier for people to find information that is specific to their needs and interests. Consumers can receive general information on local businesses, as well as:
-- Information for more than 60 cities. More locations will be added in the weeks to come.
-- Weather forecasts for their chosen city. DexKnows.com now provides 5-day forecasts. Powered by WeatherBug(R), this new feature makes it easier for people to plan for whatever Mother Nature has in store.
-- At-a-glance ratings and reviews for local businesses. A homepage view of what peers are saying about local businesses, updated daily.
-- Listings of the top searches and most popular business categories for the local area. Now, those interested in finding listings of the most popular businesses can do so from their city-specific homepage.
-- Links to local seasonal businesses directly from the homepage. Looking for a store that sells camping equipment? Or a ski supply store during the winter? Links to seasonal listings can now be found on city-specific homepages.
"Our goal with DexKnows.com is to continually update the site so that it provides consumers with the best place to go online for information about their communities," said Jeff Porter, vice president, DexKnows.com. "In addition to adding city pages, we've also enhanced DexKnows.com's search functionality to make it easier for people to find the information they're looking for with less clicks. These latest updates build upon the site's many other features, including the ability to read reviews and rate local businesses, build personalized itineraries and maps, watch videos and more."
About Dex
Dex is part of R.H. Donnelley , which connects businesses and consumers through its portfolio of print and interactive marketing solutions. Small- and medium-sized businesses look to the company's experienced team of marketing consultants to help them grow their businesses and drive sales leads. Consumers depend on the company's reliable, trusted, local business content to deliver the most relevant search results when they are seeking local goods and services. For more information, visit http://www.dexknows.com/ and http://www.rhd.com/.
R.H. Donnelley
CONTACT: Peter Larmey of Dex, +1-919-297-1521, peter.larmey@rhd.com
Web site: http://www.rhd.com/
http://www.dexknows.com/
http://www.dexmedia.com/
Waste Management Launches Online Service for Compact Fluorescent Bulb Recycling From HomeThinkGreenFromHome.com provides streamlined consumer recycling solutions for household electronic waste
HOUSTON, July 16 /PRNewswire-FirstCall/ -- Waste Management, Inc. , North America's leading provider of comprehensive waste management services, today launched ThinkGreenFromHome.com, a streamlined online service for the recycling of universal household waste including compact fluorescent lamps (CFLs), batteries, and eventually other household electronics. ThinkGreenFromHome.com offers consumers convenient mail-in solutions to safely store and recycle heavy metal containing household devices, as well as resources to encourage household sustainability.
CFL recycling represents the core service ThinkGreenFromHome.com offers consumers. CFLs provide energy savings and help reduce a household's environmental profile. However, since the devices contain mercury, proper handling and disposal of the bulbs is an important consideration. CFL use is growing rapidly -- it is expected that some 4 billion CFLs will be in household use by 2012 -- but safe, convenient methods for recycling CFLs and other household universal waste have previously been lacking.
To safely store and recycle used CFLs and batteries, customers can order online and receive prepaid-postage kits delivered to their door. Think Green(R) From Home CFL recycling kits incorporate Mercury VaporLok(TM) technology, which is designed to reduce the risk of airborne exposure and environmental contamination from lamps broken during storage and shipping. The kits are suitable for both the storage and transport of discarded bulbs or batteries and are approved for shipping by the United States Postal Service. Consumers can ship the boxes directly from their home or at any one of the over 34,000 postal offices across the country.
"Waste Management helps consumers responsibly handle the growing household universal waste stream," said Rick Cochrane, senior business director of Waste Management's LampTracker(R) program. "With the 2012 deadline for the use of CFLs, customers are becoming increasingly aware of the need to properly dispose of household universal waste and the Think Green(R) From Home program makes recycling this waste as safe and convenient as possible."
WM LampTracker(R), a division of Waste Management, also provides total-care solutions for the storage, handling, transport and recycling of fluorescent lamps for small, medium and large-scale businesses across North America. ThinkGreenFromHome.com uses the WM LampTracker(R) service record in the commercial sector to provide the most streamlined avenue for consumers to recycle their universal household waste with confidence.
ThinkGreenFromHome.com is part of Waste Management's sustainability initiative that was announced last October at the World Business Forum committing the company to investing in new technologies to enhance its waste business as well as nearly tripling the amount of recyclables it manages by 2020.
For more information on CFL, battery and electronic waste recycling, or to order recycling kits, visit http://www.thinkgreenfromhome.com/.
About Waste Management
Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Our subsidiaries provide collection, transfer, recycling and resource recovery, and disposal services. We are also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. Our customers include residential, commercial, industrial, and municipal customers throughout North America. More information about how Waste Management Think Green(R) can be found at http://www.thinkgreen.com/
Waste Management, Inc.
CONTACT: Wes Muir, +1-713-328-7053, for Waste Management, Inc.
Web site: http://www.wm.com/
http://www.thinkgreenfromhome.com/
CCID Consulting: China's SaaS to Build up an Ecological Chain
BEIJING, July 16 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), recently analyzed China's SaaS market.
After experiencing the evolution of initial product company, users' solution company and internet value-added service company, software industry completes its transformation process from product to service. SaaS mode transfers part of product companies' business to service income through rent, which corresponds to software industrial development direction and the gradual change of printing house mode's revenue mode.
In 2008, SaaS has further development opportunities in China, with more manufacturers taking part in this new sector and gradually gaining profit. User cognitions have further strengthened through promotions of manufacturers and media. Every subject in market chain starts to approve this mode. SaaS market steps into industrial development.
China's SaaS industrial chain includes SaaS facilitator, software developers, hardware providers, system integrators, internet facilitator, circulation channel, telecom carriers and users. These components subject to further structural changes in the industry, and have their own characteristics in seeking their own SaaS mode and operation content, defining users' categories and market strategies.
China's Saas examples include the platform operator modes of Alibaba and Digital China; telecom carriers' integrated marketing model by right of network and user resources, such as BizNavigator; state organs and governments' authoritative SaaS application, such as Ministry of Commerce's International Trade and Economic Affairs; traditional software manufacturers UFIDA's mode; Kingdee's online management software and e-commerce; eAbax's whole e-commerce, Microsoft's ''S+S'' strategy and Live strategy, Oracle's On Demand mode. Besides, more and more companies now take part in SaaS.
Manufacturers' cooperations are frequent in this immature market: IBM and Lehman Brothers acquired Kingdee to develop SaaS business; Japanese Softbank BB cooperates with Digital China; IBM cooperates with Mainone; Alisoft cooperates with many foreign software providers.
The rapid growth of a SMEs IT application market give rise to developments in SaaS. Manufacturers devoted to SaaS now pay more attention to SMEs market. Because of sufficient IT budget, perfect system construction, complicated system architecture and high requirements for integration, large enterprises have a lower interest in SaaS market.
SaaS products' security and stability are major concerns for users. Users value availability of service at any moment and stability of network operation. Security of data transmission and management of manufacturers' data storage are also aspects that manufacturers need to look after in order to win customers.
About CCID Consulting
CCID Consulting Co., Ltd. (hereinafter known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: 8235.HK), is directly affiliated with China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen, Wuhan and Chengdu, with over 300 professional consultants after many years of development. The company's business scope has covered over 200 large and medium-sized cities in China.
Based on major areas of competitiveness: industrial resources, information technology and data channels, CCID Consulting provides customers with public policy establishment, industry competitiveness upgrading, development strategy and planning, marketing strategy and research, HR management, IT programming and management. CCID Consulting's customers range from industrial users in electronics, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks. CCID Consulting commits itself to becoming the No. 1 advisor for enterprise management, the No. 1 consultancy for government decisions and the No. 1 brand for informatization consulting.
For more information, please contact:
Cynthia Liu
Coordinating Manager
CCID Consulting Co., Ltd.
Tel: +86-10-8855-9080
Email: liuyan@ccidconsulting.com
CCID Consulting Co., Ltd.
CONTACT: Cynthia Liu, Coordinating Manager of CCID Consulting Co., Ltd.,
+86-10-8855-9080, or liuyan@ccidconsulting.com
Atmel Introduces a Family of AVR Microcontrollers for Automotive LIN Networking Applications
SAN JOSE, Calif., July 16 /PRNewswire/ -- Atmel(R) Corporation announced today the availability of a new family of AVR(R) 8-bit microcontrollers for LIN Automotive networking applications. The ATtiny167 is the first device and is optimized to LIN slave applications. It will be qualified to AECQ-100 grade 0 and sustain ambient temperatures of up to 150 degrees Celsius. Combined with a LIN transceiver such as ATA662x or ATA666x it brings a complete solution for sensors in a gearbox, exhaust gas system, pumps or turbo.
Many Automotive body electronic subsystems such as door locks, window lift, wipers, lighting systems, sun and rain sensors are connected via LIN networks. They request tiny LIN controllers with Analog/Digital converters for sensors signal formatting and a 16-bit PWM channel to control Half bridge drivers such as Atmel's ATA6831/32 or H bridge motors control such as Atmel's ATA6223.
The ATtiny167 includes a hardware LIN UART with automatic baud rate synchronization in slave mode. A frame processing request of only 2 interrupts, one for LIN identifier available and one for transmit or receive completed. Thanks to the collaboration with Mentor Graphics(R), a leading manufacturer of software tools and software components for automotive networking, a complete hardware and LIN software networking solution is available.
With integrated hardware routines, the code size for LIN is reduced to about 1 Kbyte of Flash leaving about 15 Kbytes of Flash to the user application. Automatic synchronization is performed on each entering frame without calling for any CPU resources and Interrupt generation is limited to the extreme minimum to not jeopardize the real time capability of the application.
Mentor Graphics LIN Drivers - "One of the critical requirements for using embedded processors in the automotive market is the availability of an effective and well-supported LIN communication stack," said Michel Passemard, Director of Automotive MCU Tactical Marketing at Atmel.
As a founding member of the LIN consortium and with extensive experience in developing embedded software for communication systems, Mentor Graphics helps by gathering the requirements of OEMs with respect to LIN and synthesize them into the LIN specification since 1999.
"We're happy to support Atmel's latest product with our latest version of LTP based on the LIN2.1 standard," said Joachim Langenwalter, Director of Mentor's Automotive Network Design business unit. "Our efforts are focused on making the most efficient implementation with respect to memory footprint and speed, while implementing the standard and testing according to the latest conformance tests." As a result our LIN implementation is particularly well suited to support slave applications used in very small microcontrollers."
Development Tools - Atmel's AVR Studio(R) and AVR JTAGICE mkII, provide a multiplatform integrated development environment (IDE). The STK(R)600 with STK600-SOIC add-on starter kit is available to start development.
Availability and Pricing -
Samples for the ATtiny167 are available now. Packages are available in a 20-pin SOIC, 20-Pin TSSOP and 32-pin QFN. The ATtiny167 will be qualified at 125 degrees Celsius in all packages and 150 degrees Celsius in QFN and TSSOP packages. It will be available for volume production in December 2008.
Prices start at $1.48 in 10,000 quantities for the 125 degrees qualified version.
The ATtiny87 and ATtiny327, with 8 Kbytes and 32 Kbytes Flash, respectively, will be introduced later in 4Q2008.
About Atmel
Atmel is a worldwide leader in the design and manufacture of microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on consumer, industrial, security, communications, computing and automotive markets.
(C) 2008 Atmel Corporation. All Rights Reserved. Atmel(R), logo and combinations thereof, AVR(R) , STK(R) , AVR studio(R) and others, are registered trademarks, or trademarks of Atmel Corporation or its subsidiaries. Mentor Graphics(R) is a registered trademark of Mentor Graphics Corporation. Other terms and product names may be trademarks of others.
Information:
ATtiny167 product information can be retrieved at: http://www.atmel.com/dyn/products/product_card.asp?part_id=4365
For further information on AVR Automotive microcontrollers, go to: http://www.atmel.com/products/automcu/
For further information on Mentor, go to http://www.mentor.com/
Press Contacts:
Philippe Faure, Marketing Communications Director - Microcontrollers
Tel: +33 2 40 18 18 87, Email: philippe.faure@atmel.com
Helen Perlegos, Public RelationsTel: (+1) 408 487-2963, Email:
hperlegos@atmel.com
Atmel Corporation
CONTACT: Philippe Faure, Marketing Communications Director -
Microcontrollers, +33 2 40 18 18 87, philippe.faure@atmel.com, or Helen
Perlegos, Public Relations, +1-408-487-2963, hperlegos@atmel.com, both of
Atmel Corporation
Web site: http://www.atmel.com/
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