Towerstream CEO to Present at RBC Capital Markets and Canaccord Adams Conferences
Verizon LiveSource Wins Multimillion-Dollar Directory Assistance Contract with MetroPCSMetroPCS Wireless Customers Now Served by Country's Largest Directory Assistance and Operator Services Provider
NEW YORK, July 21 /PRNewswire/ -- Verizon LiveSource now provides directory assistance services to MetroPCS, the largest flat-rate, no-contract wireless carrier in the United States.
LiveSource recently won a multiyear, multimillion-dollar contract to provide directory assistance to MetroPCS customers nationwide.
"At Verizon, we're committed to excellence and providing our customers with top-quality service that adds value to their business," said Kitty C. Linder, president of Verizon LiveSource. "As the industry's No. 1 provider of directory assistance service, our wholesale group gives customers the added edge they need to do business in this competitive environment. We are thrilled to work with MetroPCS and assist with its business needs."
Under the contract, LiveSource offers directory assistance service -- providing the industry's most advanced information services, including call completion, reverse lookup, movie and restaurant listings, weather forecasts, sports updates, Spanish language service, business category searches, and text messaging. With text messaging, once a listing is provided, it can be forwarded as a text message to a wireless handset.
Verizon now supports more than 40 percent of the U.S. wireless market with directory assistance services and is the largest operator-services supplier in the country.
Verizon LiveSource
Verizon LiveSource is the nations' leading directory assistance provider, employing thousands of operators at call centers across the country and internationally. LiveSource serves not only Verizon landline customers but also nearly half the wireless industry, where innovative services like text messages with listings forwarded to wireless handsets and directory assistance in Spanish continue to make 411 a vital communications tool.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 67 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employed a diverse workforce of approximately 232,000 as of the end of the first quarter 2008 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: Kevin Laverty of Verizon, +1-425-261-5855,
kevin.laverty@verizon.com
Web Site: http://www.verizon.com/
http://www.verizon.com/news
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Raytheon Tests Excalibur's Low-Cost Titanium Base Design and On-Board Recorder
SOCORRO, N.M., July 21, 2008 /PRNewswire/ -- Raytheon Company tested a new low-cost titanium base (Ti) and on-board recorder (OBR) for the Excalibur precision-guided artillery projectile during a June 13 test firing.
The test firings are part of Raytheon Missile Systems' pre-contract preparation for the Excalibur Ib development award. The firings demonstrated the effectiveness of the low-cost Ti design and validated the use of an OBR and telemetry unit.
"The Ti base was a key element in the proposal Raytheon submitted to the U.S. Army on May 7 because it lowers the cost of gun-fired precision projectiles," said Steve Bennett, director of Raytheon's Excalibur program. "A Ti base offers increased reliability with fewer parts, simpler manufacturing, and compatibility with the Army's 155 mm Excalibur projectile."
Raytheon's Ti base design can accommodate base burn propellant. The propellant and the projectile's aerodynamic profile significantly increase Excalibur's range.
During the test fire, the projectiles flew stable flights, and the stowed fins successfully deployed after clearing the gun. The tests demonstrated the fins' structural integrity and ability to synchronously deploy and lock.
The test flight also validated the effectiveness of the OBR. The recorder tracked projectile acceleration and roll rates inside the gun tube, after the round exited the tube, and during flight.
"The OBR will enable Raytheon to move rapidly from design to successful test flights with minimal testing," said Bennett. "The Ti base and OBR will make compatibility assessments across a broad range of gun platforms and propellant charges faster and easier."
Excalibur recently received a Top 10 Army Greatest Inventions of the Year Award for 2007.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
Contact:
Heather Uberuaga
520.665.5594
uberuaga@raytheon.com
Raytheon Company
CONTACT: Heather Uberuaga of Raytheon Company, +1-520-665-5594,
uberuaga@raytheon.com
Web site: http://www.raytheon.com/
SBS Australia Selects Harris Corporation's ONE(TM) Integrated Broadcast Solution for Playout Facility Rebuild
SYDNEY, Australia, July 21 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, has received an order from Special Broadcasting Service (SBS), Australia's multicultural and multilingual public broadcaster, to supply a fully integrated broadcast solution for the comprehensive rebuild of SBS Australia's playout facility in Sydney.
The SBS playout facility will illustrate a real-world Harris ONE(TM) installation, comprising integrated products from its H-Class(TM) software suite and broadcast infrastructure and server product lines. Harris(R) D-Series(TM) playout automation will be combined with the company's Invenio(R) digital asset management and content workflow management to manage ingest, preparation and playout using many of the products from across the integrated Harris portfolio, including NEXIO AMP(TM) servers and a Harris(R)/Isilon(R) systems clustered storage solution.
"The Harris ONE approach of integrating its products along the workflow chain was a key factor in our decision and will be a key element in the successful rebuild of our playout facility," said Shaun Brown, managing director, SBS Australia. "Harris has taken many steps to show its strong commitment to broadcasters in Australia -- from the staffing of local service and support personnel to its investment in research and development to meet local market requirements. These factors make us very comfortable in placing our trust in Harris for this important upgrade project."
"The Harris portfolio offers unparalleled interoperability and cost efficiencies that enable broadcasters to leverage their content like never before," said Tim Thorsteinson, president of Harris Broadcast Communications. "Through our ONE approach, we are committed to making it easier for broadcasters, such as SBS, to upgrade their facilities, get to air quickly and create new revenue streams, enabling them to remain competitive."
Harris Broadcast Communications offers products, systems and services that provide interoperable workflow solutions that span the entire media delivery chain. The Harris ONE(TM) approach brings together highly integrated and cost-effective products that are ideal for emerging media business models and for customers upgrading media operations to digital and high-definition services.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of more than $5 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/ .
Isilon is a registered trademark of Isilon Systems, Inc.
Harris Corporation
CONTACT: Peter Martin, Senior Manager, Marketing Communications, Asia
Pacific Region, +852 2174 2515, peter.martin@harris.com, or Dave Glidden, Vice
President, Marketing Operations, +1-513-459-3639, david.glidden@harris.com,
both of Harris Broadcast Communications
Web site: http://www.harris.com/
Motorola Extends Interoperability of DOCSIS(R) Equipment; Earns Stamp of Approval from CableLabs(R) DOCSIS 3.0 Certificate AuthorityMotorola recognized as an accredited source of secure keys and certificates for DOCSIS 3.0 installations for the cable industry
HORSHAM, Pa., July 21 /PRNewswire-FirstCall/ -- Motorola, Inc. today announced that it has achieved 'Manufacturer Certificate Authority' status for DOCSIS(R) 3.0 products from CableLabs DOCSIS 3.0 Certificate Authority body. The Motorola PKI Center, located in San Diego, CA, has passed a rigorous audit process of its digital security certificate generation system. This accreditation allows Motorola to join the limited ranks of companies who are qualified to supply keys and certificates that are secure and interoperable with all previous and future generations of DOCSIS systems.
Motorola is qualified to provide the crucial underlying security for cable modem networks. MSOs looking to deploy DOCSIS 3.0 into their networks can rely on Motorola digital security certificates for use in their Motorola DOCSIS equipment. All Motorola certificates are backwards compatible with DOCSIS 1.0, 1.1, and 2.0 equipment and will fully support all future shipments of DOCSIS equipment.
"Motorola continues its global leadership in signal security technology," said John Burke, Senior VP and GM of the Digital Video Solutions business of Motorola, Inc. "This represents another milestone in our continuing evolution, that began with the deployment of the VideoCipher(R)II-PLUS system and continues with MediaCipher(R) today - the world's most widely deployed, robust and secure system for protection of digital content."
"From its inception, Motorola has been a leader in DOCSIS technology working to provide innovative solutions that interoperate with equipment throughout our customers' networks," said Alan Lefkof, corporate vice president and general manager, Broadband Solutions Group, Motorola, Inc. "We're pleased to give our customers the assurance that the security in their DOCSIS networks is among the best the industry has to offer.
"The DOCSIS 3.0 specification itself establishes ways for cable companies to safely buy equipment from multiple vendors to deploy high-speed data services," said CableLabs President and CEO Dr. Richard R. Green. "The audit the Certificate Authority undertakes is another benchmark standard that we hold DOCSIS certificate suppliers to as additional fail-safe for the cable community. Motorola has further demonstrated its commitment to DOCSIS by participating and successfully fulfilling the requirements of the audit."
Additional security elements of DOCSIS 3.0 include advanced traffic encryption and for new multicast messaging, early authentications, enhanced provisioning, verification, proxy configuration, certificate revocation and future secure software download.
DOCSIS 3.0-based technology is currently integrated into Motorola's SURFboard(R) cable and digital voice modems and Motorola BSR 64000 CMTS. The cable modems were recently certified in CableLabs Certification Wave 58, and the Motorola BSR 64000 CMTS qualified in the same wave at the bronze level.
About Motorola
Motorola is known around the world for innovation in communications. The company develops technologies, products and services that make mobile experiences possible. Our portfolio includes communications infrastructure, enterprise mobility solutions, digital set-tops, cable modems, mobile devices and Bluetooth accessories. Motorola is committed to delivering next generation communication solutions to people, businesses and governments. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.6 billion in 2007. For more information about our company, our people and our innovations, please visit http://www.motorola.com/.
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. DOCSIS is a trademark of Cable Television Laboratories, Inc.
Photo: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO
http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
Motorola, Inc.
CONTACT: Media, Anya Chambers, Motorola Home & Networks Mobility,
+1-224-321-0378, anya.chambers@motorola.com, or Industry Analyst, Kathy
Wiesner, Motorola Home & Networks Mobility, +1-847-632-6021,
k.wiesner@motorola.com
Web site: http://www.motorola.com/
China 3C Group Signs Advertising Agreement With Hangzhou Hansi Brand Design Ltd.
ZHEJIANG, China, July 21 /Xinhua-PRNewswire-FirstCall/ -- China 3C Group (BULLETIN BOARD: CHCG) , a leading retailer and distributor of consumer and business products in China, announced that the Company has signed a strategic agreement with Hangzhou Hansi Brand Design Ltd., a well-known advertising agency based in Eastern China, to put its Hangzhou Hansi's clients brand advertising in China 3C's chain stores.
The arrangement began on July 15, 2008, following a trial period that launched during the second quarter of this year. The advertising will allow Hangzhou Hansi's advertising clients to display information about their brands at China 3C store locations. Current customers of China 3C such as manufacturers of mobile phones, fax machines and home electronic equipment are the types of companies that are expected to advertise through China 3C's locations. As part of this program, Hangzhou Hansi's clients will have the opportunity to advertise on China 3C's customer packaging bags, promotional posters, direct mailers as well as on TV panels. China 3C will profit from the advertising revenue brought in by the arrangement.
Mr. Wang Zhenggang, CEO of China 3C Group commented, ''We are very happy to form a strategic alliance with Hangzhou Hansi. This agreement represents our interest in enriching the shopping experience for our retail customers, increasing the visibility of our consumer electronic brands and generating additional revenue opportunities for our business.''
Mr. Shi Haiwen, CEO of Hangzhou Hansi Brand Design Ltd. said, ''We are pleased to be entering into this agreement with China 3C. Our cooperation with China 3C can greatly improve the efficiency and effectiveness of our advertising campaigns with our select group of consumer electronic customers. China 3C has a significant number of ''store-in-store" locations that can provide our customers access to a large pool of consumers in which to target.''
About China 3C
China 3C is a leading wholesale distributor and retailer of consumer and business products in China including 3C merchandise: computers, communication products and consumer electronics. The Company specializes in wholesale distribution and retail sales of 3C products in Eastern China, focusing on products that make life more comfortable, convenient and connected. The Company's goal is to become the number one retailer of 3C products in China. For more information, visit http://www.china3cgroup.com/ .
Forward-looking Statements
Certain of the statements set forth in this press release constitute "Forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We have included and from time to time may make in our public filings, press releases or other public statements, certain forward-looking statements. In some cases these statements are identifiable through the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "target," "can," "could," "may," "should," "will," "would" or words or expressions of similar meaning. You are cautioned not to place undue reliance on these forward- looking statements. In addition, our management may make forward-looking statements to analysts, investors, representatives of the media and others. These forward-looking statements are not historical facts and represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and beyond our control. There can be no assurance that such forward-looking statements will prove to be accurate and China 3C Group undertakes no obligation to update any forward-looking statements or to announce revisions to any of the forward-looking statements.
China 3C Group
CONTACT: Bill Zima in the U.S., +1-203-682-8200, or Dan Joseph in Asia,
+86-21-6122-1077, both of ICR, Inc. for China 3C Group
Web Site: http://www.china3cgroup.com/
Next Inning Technology Previews Earnings for Apple, QLogic, SanDisk, and Texas Instruments
PRINCETON, N.J., July 21 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for Apple , QLogic , SanDisk and Texas Instruments .
In a series of reports released in March, Editor Paul McWilliams advised readers it was time to buy specific tech stocks. His selections went up considerably with one very near doubling. However, in May and early June, he warned readers it was time to take some profits and prepare for the summer swoon he saw coming. Now that tech stocks have taken a significant hit, is it time to start buying again? Click to read his updated thoughts and enjoy a 21-day free trial of Next Inning:
https://www.nextinning.com/subscribe/index.php?refer=prn692
In his earnings preview, McWilliams wrote: "The only rub I've noted during the last couple years for Apple has been its relative valuation; more often than not during this period of time, Apple has commanded a price that is between 25 and 30 times the forward earnings consensus. While I think that if Apple is able to maintain its growth curve this multiple could be rationalized under normal market conditions, conditions today are anything but normal..."
McWilliams also looks at these topics:
-- Does McWilliams recommend that investors add shares of Apple ahead of earnings? How does Apple's valuation compare to historic trends?
-- Does McWilliams expect strong results and guidance from QLogic's earnings report?
-- Is SanDisk poised to post better than expected earnings? What is McWilliams' outlook for the stock for the rest of the year?
-- Should investors consider buying Texas Instruments at current prices?
Founded in September 2002, Next Inning's model portfolio has returned 232% since its inception versus 79% for the Nasdaq.
About Next Inning:
Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran.
NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
CONTACT: Marcie Martin Next Inning Technology Research, +1-888-278-5515
Indie Research Advisors, LLC
CONTACT: Marcie Martin of Next Inning Technology Research,
+1-888-278-5515
Web site: http://www.nextinning.com/
ATK Awarded $16.4 Million in Follow-On Contracts From the U.S. Navy for AAR-47 Missile Warning SystemsATK is Developing a Next-Generation Missile Warning System with Enhanced Operational Flight ProgramATK Affordable and Innovative Electronic Warfare Product Continues to Meet Emerging Mission Requirements and Demands
MINNEAPOLIS, July 21 /PRNewswire-FirstCall/ -- Alliant Techsystems announced today that the U.S. Navy's Air Systems Command in Patuxent River, Md. has awarded the company $16.4 million in follow-on production orders for the AAR-47 A(V)2 missile warning system, an electronic warfare system designed to protect helicopters and fixed-wing aircraft against surface-to-air missile threats.
ATK is also developing the AAR-47 B(V)2 to meet emerging battlefield threats. It is currently in final testing and will provide aircrews with enhanced threat detection in urban and industrial areas by providing them with background clutter level indications. Existing installed AAR-47 systems will be upgradeable to the B(V)2 variant without any change to the aircraft's A-kit.
"ATK's AAR-47 missile warning system continues to play a critical role in military missions day in and day out around the globe. We take great pride in our ability to respond to current and evolving threats and by providing military aircrews with the protection they require to successfully perform their missions," said Bill Kasting, Vice President and General Manager, ATK Integrated Systems.
ATK missile warning systems have protected the lives of military aircrews in conflicts around the world for over 20 years. To date, ATK has delivered over 3,000 AAR-47 systems to U.S. and allied forces in over 16 countries. ATK's Clearwater, Fla. facility will perform the AAR-47 follow-on work.
ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and $4.5 billion in revenue. News and information can be found on the Internet at http://www.atk.com/.
Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK 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. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: the challenges of developing enhanced missile warning systems, changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.
Media Contact: Investor Contact:
Tom Van Leunen Steve Wold
Phone: 703-412-3218 Phone: 952-351-3056
E-mail: thomas.vanleunen@atk.com E-mail: steve.wold@atk.com
ATK
CONTACT: media, Tom Van Leunen, +1-703-412-3218,
thomas.vanleunen@atk.com, or investors, Steve Wold, +1-952-351-3056,
steve.wold@atk.com, both of ATK
Web site: http://www.atk.com/
Online Video in American Sign Language Showcases Verizon Wireless' Nationwide Messaging PlanWeb Video One Of Many Services Provided For Customers With Disabilities
BASKING RIDGE, N.J., July 21 /PRNewswire/ -- Verizon Wireless, the wireless industry leader in customer-friendly policies, announced that the company now offers information about its Nationwide Messaging plans in online videos in American Sign Language (ASL) to better serve customers who are deaf or hard of hearing.
The videos feature Tom Boudrow of the Marlboro, Mass.-based Verizon Center for Customers with Disabilities, using American Sign Language to answer frequently asked questions about Verizon Wireless' Nationwide Messaging plans. The video clips can be viewed at http://aboutus.vzw.com/accessibility/nationwide_faq.html.
"Verizon Wireless is always seeking new and innovative ways to use technology to make it easier for customers to do business with us," said Jack Plating, chief operating officer of Verizon Wireless. "We are pleased to offer this important customer community an alternative and accessible way to learn more about a plan designed to serve their needs."
The Nationwide Messaging plans from Verizon Wireless are available for use with most consumer handsets, select personal digital assistants (PDAs) and smartphones, including BlackBerry(R) devices. For $34.99 monthly access, the new Nationwide Messaging plans on consumer devices include unlimited text, picture, video and instant messaging; unlimited Mobile Web access and unlimited data usage. Customers can also make voice calls for an additional 40 cents per minute. Customers who sign up for the $34.99 monthly access plan have the option of adding Mobile Email to their accounts for an additional $5 per month.
Customers with BlackBerry devices or PDAs can sign up for the BlackBerry or PDA/Smartphone Nationwide Messaging Plan for $54.99 monthly access, which includes unlimited text, picture, video and instant messaging; unlimited e-mail; unlimited Web browsing and unlimited data usage. Customers can also make voice calls for an additional 25 cents per minute. The Nationwide Messaging plans are available for all BlackBerry devices, the Verizon Wireless SMT5800, the Verizon Wireless XV6800 and the MOTO(TM) Q 9c.
Other Services Available
Verizon Wireless offers customers with disabilities a number of other services. The Verizon Center for Customers with Disabilities -- with offices in Marlboro, Mass., and Oxnard, Calif. -- provides customers with disabilities tools and support specifically designed to meet their communications needs. In addition, Verizon Wireless provides 411 (directory assistance) free of charge to legally eligible customers with disabilities, as defined by federal law. The company also regularly enhances its corporate Web site to create a more user-friendly experience for visually- and physically-impaired individuals. Recent updates include improved global navigation, accessible online forms, and link and image descriptions -- all making it easier for screen readers widely used by customers with disabilities to navigate the site.
For more information about the Verizon Wireless products and services, visit a Verizon Wireless Communications Store or go to http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 67.2 million customers. Headquartered in Basking Ridge, N.J., with 69,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Tom Pica, +1-908-559-7516, Thomas.Pica@verizonwireless.com, or
Brenda Boyd Raney, +1-908-559-7518, Brenda.Raney@verizonwireless.com, both of
Verizon Wireless
Web site: http://www.verizonwireless.com/
http:/verizonwireless.com/multimedia
http://aboutus.vzw.com/accessibility/nationwide_faq.html
ECSI Receives $1.2 Million in Task/Purchase Orders and Extension on IBDSS Contract
CLIFTON, N.J., July 21 /PRNewswire-FirstCall/ -- Electronic Control Security, Inc. (BULLETIN BOARD: EKCS) , a global leader in perimeter security systems, today announced that four prime contractors were notified that the Integrated Base Defense Security System (IBDSS) contract has been extended through April 2, 2009 with an additional funding of $64 million to secure critical military facilities.
Arthur Barchenko, President and CEO, stated that "Subsequent to the extension, ECSI has been awarded over $1.2 million in purchase and/or task orders that will be shipped during the first quarter of Fiscal 2009." Further, Mr. Barchenko stated how pleased he was to hear of these events and looks forward to "further profitable business with the Department of Defense through a combination of direct task orders under the IBDSS contract and through the large system integrators who support the Army, Navy and Air Force high security requirements both within and outside the continental United States."
ABOUT ECSI ECSI is recognized as a global leader in perimeter security and an effective quality provider for both the Department of Defense and Homeland Security programs. The Company designs, manufactures and markets physical electronic security systems for high profile, high threat environments. The employment of risk assessment and analysis allows ECSI to determine and address the security needs of government and commercial- industrial installations. The Company has teaming agreements with major system integrators in both the United States and overseas to support the installation and aftermarket. ECSI is located at 790 Bloomfield Avenue, Bldg. C-1, Clifton, NJ 07012. Tel: 973-574-8555; Fax: 973-574-8562. For more information on ECSI and its customers, please visit http://www.anti-terrorism.com/.
ECSI INTERNATIONAL, INC. SAFE HARBOR STATEMENT: This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to changes in economic conditions generally and in our industry specifically, changes in security technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, changes in our acquisition and capital expenditure plans, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended June 30, 2007 and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
Electronic Control Security, Inc.
CONTACT: Natalie Barchenko, Electronic Control Security, Inc.,
+1-973-574-8555
Web site: http://www.anti-terrorism.com/
CGSE to List on OTC Bulletin Board
LAS VEGAS, July 21 /PRNewswire-FirstCall/ -- Columbus Geographic Systems (GIS) Ltd. ("Columbus") (Pink Sheets: CGSE) announced today that as part of its effort to upgrade its publicly traded status, an authorized NASD member firm has filed a Form 15c-211 with the NASD. This should qualify the company for a listing on the OTC Electronic Bulletin Board.
This follows the announcement on December 10, 2007 that the Company filed Form 10-SB12G with the Securities and Exchange Commission (SEC) to become a fully reporting company. (The full Form 10-SB12G can be viewed online at: http://www.sec.gov/cgi-bin/browse-edgar?company=columbus+geographic&CIK= &filenum=&State=&SIC=&owner=include&action=getcompany)(Due to the length of the URL, please copy and paste into your browser.)
Form 15c-211 reflects Columbus' full compliance with the SEC's new regulations and disclosure requirements. As soon as the SEC completes their review of the registration and disclosure statements, it is anticipated that Columbus will receive final approval to commence trading on the OTC Bulletin Board. The Company will report timely to the SEC as required by all reporting companies.
"We have always been committed to become a fully reporting company and upgrade our trading status. We will hopefully soon achieve this goal as we anticipate a listing on the Bulletin Board in the very near future," said Columbus CEO Tsvika Freidman. "We are also committed to ultimately file for a listing on the NASDAQ-small cap. Once this is achieved, we anticipate that our company will be covered by more Wall Street analysts, and institutional investors will be attracted to our stock."
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/
Kevin P. Hegarty Named to Ezenia Board of Directors
NASHUA, N.H., July 21 /PRNewswire-FirstCall/ -- Ezenia! Inc. (BULLETIN BOARD: EZEN) , a leading market provider of real-time collaboration solutions for corporate and government networks and eBusiness, announced that Mr. Kevin P. Hegarty has been reappointed by the Board of Directors as a Class I Director, effective as of the Board of Directors meeting on June 12, 2008. Mr. Hegarty served on the Board of Directors from May 2003 until November 2004.
Mr. Hegarty obtained a Bachelor's Degree in Business Administration in Accounting and a Masters of Professional Accounting from the University of Texas at Austin. From October 2001 Mr. Hegarty has been the Vice President & Chief Financial Officer (CFO) at the University of Texas at Austin where he has been responsible for the financial integrity of the University and management of its financial operations. The annual operating budget is in excess of $2.0 billion.
Prior to his service at the University of Texas, Mr. Hegarty served two years as Vice President & Chief Financial Officer at Dell Financial Services. As CFO, Mr. Hegarty was responsible for all areas of finance, accounting, planning and budgeting and treasury, executing company capital strategies and managing joint venture partner relationships. Dell Financial Services is a $5.0 billion Dell joint venture with annual financing volume of $3.0 billion. Mr. Hegarty also served as Vice President & Corporate Controller at Dell Computer for over two years, responsible for all the accounting operations including policies and procedures, internal controls and SEC reporting.
Prior to his career at Dell, Mr. Hegarty served as Senior Vice President & Company Comptroller at Associates First Capital for seven years. Mr. Hegarty was responsible for the financial and accounting operations, SEC reporting and taxes.
Mr. Hegarty is a Certified Public Accountant in the state of Texas and a member of the American Institute of Certified Public Accountants. He is a Board Member of Entorian Technologies Inc. , the Greater Austin Chamber of Commerce, and the Texas Exes Alumni Association.
"As a member of Ezenia Board of Directors, Kevin's background will provide valuable guidance as the company expands its presence in the Government and Commercial Sectors," said Khoa Nguyen, Ezenia Chairman and Chief Executive Officer. I am excited about the prospect of Kevin providing Ezenia with the insight, experience, and wisdom to help the company navigate through ever increasingly complex financial regulations and achieve its growth objectives."
Further information about Ezenia! Inc., is available by visiting the company website at http://www.ezenia.com/.
About Ezenia! Inc.
Ezenia! Inc. (BULLETIN BOARD: EZEN) , founded in 1991, is a leading provider of real-time collaboration solutions, bringing new and valuable levels of interaction and collaboration to corporate networks and the Internet. By integrating voice, video and data collaboration, the Company's award-winning products enable groups to interact through a natural meeting experience regardless of geographic distance. Ezenia! products allow dispersed groups to work together in real-time using powerful capabilities such as instant messaging, white boarding, screen sharing and text chat. The ability to discuss projects, share information and modify documents allows users to significantly improve team communication and accelerate the decision-making process. More information about Ezenia! Inc. and its product offerings can be found at the company's Web site, http://www.ezenia.com/.
Note to Investors Regarding Forward-Looking Statements
Statements included herein that are not historical facts may be considered forward-looking statements. You can identify these forward-looking statements by use of the words "expects," "anticipates," "estimates," "believes," "projects," "intends," "plans," "will," "may," and similar words. Such forward-looking statements involve risks and uncertainties that could cause actual operating results to differ materially from those indicated by such forward-looking statements. These risks and uncertainties include the considerations that are discussed in the Company's 2007 Annual Report on Form 10-K for the year ended December 31, 2007, such as the evolution of Ezenia!'s market, dependence on the United States government as its largest customer and on other major customers, continued funding of defense programs by the United States government and the timing of such funding, rapid technological change and competition within the collaborative software market, its reliance on third-party technology, protection of its propriety technology, acceptance of IWS in the commercial market, retention of key employees, stock price volatility, customer acceptance of Version 3.0 of InfoWorkSpace, its history of liquidity concerns and operating losses, and other considerations that are discussed further in such report. You should not place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company disclaims any obligation to update forward-looking statements after the date of such statements.
Ezenia! is a registered trademark of Ezenia! Inc., and the Ezenia! Logo and InfoWorkSpace are trademarks of Ezenia! Inc.
Contact:
Ezenia! Inc.
Investor Relations
603-589-7600
investorrelations@ezenia.com
Ezenia! Inc.
CONTACT: Investor Relations of Ezenia! Inc., +1-603-589-7600,
investorrelations@ezenia.com
Web site: http://www.ezenia.com/
MicroPlanet Completes Equity Financing Raising $7.1 Million and Begins Commercial Shipments of Energy Saving ProductsMicroPlanet customers are benefiting from savings of 5-12% in electricity bills, reduced greenhouse gas emissions and improved power quality.Stock Listing: MP:TSXV Stock Listing (US): MCTYF: OTC Web Site: www.microplanet.com
SEATTLE, July 21 /PRNewswire-FirstCall/ -- MicroPlanet, (MP:TSXV & MCTYF:OTC) a clean technology, energy conservation company, is pleased to announce the second tranche and final closing of the private placement equity financing. The Company sucessfully raised in two tranches a total in gross proceeds of approximately $7.1 million.
For the closing of the second and final tranche of the private placement equity financing, MicroPlanet issued 245,000 units ("Units") at a price of $0.65 per Unit for gross proceeds of $159,250 in Canadian dollars. Each Unit consisted of one common share of MicroPlanet and one-half of one common share purchase warrant. Each whole warrant is exercisable for one common share at a price of $0.90 per share for a period of 24 months from the closing date. If at any time during the exercise period of the warrants the volume weighted average price at which MicroPlanet's common shares have traded on the TSX Venture Exchange for any 20 consecutive trading days exceeds $1.50 per share, MicroPlanet may notify the warrant holders and the warrants will expire 30Â days following the date of any such notice.
All of the common shares and warrants issued pursuant to the financing will be subject to a 4-month hold period in accordance with applicable securities laws and stock exchange requirements.
The financing syndicate of agents (the "Agents") was led by Loewen, Ondaatje, McCutcheon Limited and included PI Financial Corp. and D&D Securities Co.
In connection with this closing of the second tranche of the financing transaction, MicroPlanet paid the Agents a 7% commission fee of total gross proceeds and issued an aggregate of 17,150 non-transferable compensation options, each entitling the holder to acquire one Unit having the same characteristics as those described above, at a price of $0.65 per Unit.
"The final closing of our financing coincides with the beginning of commercial shipments against our current $6.6 million in backlog of orders," said Bruce Lisanti CEO of MicroPlanet. MicroPlanet customers are benefiting from savings of 5-12% in electricity bills, reduced greenhouse gas emissions and improved power quality, which our proprietary technology delivers by optimizing the voltage. As a result, the demand for products is at a new high from commercial businesses and utilities worldwide."
Lisanti continues, "Our commercial customers are now seeing energy savings that results in average payback periods of less than three years without any governmental incentive programs"
"Utilities worldwide are beginning to deploy our products to improve power quality in thousands of locations along their power grid," concluded Lisanti. MicroPlanet technology is also helping them speed the adoption of renewable energy sources by stabilizing voltage fluctuations.
Subsequent to the closing of the private placement, MicroPlanet has approximately 41.1 million shares outstanding.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an application exemption from the registration requirements.
About MicroPlanet Technology Corp.
MicroPlanet's technology helps to reduce the total amount of energy we need to produce by significantly increasing the efficiency of the electric grid. MicroPlanet's products dynamically manage the voltage delivered to a business or home to optimal levels, which saves energy, lowers electricity bills and helps reduce greenhouse emissions. The Company's products also reduce peak period demand and can improve utility services. In areas where substantial energy is generated from wind and solar, MicroPlanet systems also help to balance the voltage levels, improving the power quality for residential and commercial users." MicroPlanet website: http://www.microplanet.com/.
THIS NEWS RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION. ACTUAL FUTURE RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTEMPLATED. THE RISKS, UNCERTAINTIES AND OTHER FACTORS, BOTH KNOWN AND UNKNOWN, THAT COULD INFLUENCE ACTUAL RESULTS MAY BE SUBSTANTIAL AND INCLUDE THOSE DESCRIBED IN DOCUMENTS FILED WITH REGULATORY AUTHORITIES, SUCH AS THE COMPANY'S MOST RECENTLY FILED ANNUAL AND QUARTERLY REPORTS AND ANNUAL INFORMATION FORM. ACCORDINGLY, NO ASSURANCES CAN BE GIVEN THAT ANY OF THE EVENTS ANTICIPATED BY THE FORWARD-LOOKING STATEMENTS WILL TRANSPIRE OR OCCUR, OR IF ANY OF THEM DO SO, WHAT BENEFITS THE COMPANY WILL DERIVE THEREFROM.
THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE
INFORMATION CONTAINED HEREIN.
MicroPlanet Technology Corp.
CONTACT: MicroPlanet Company Contacts: Bruce Lisanti, President & CEO,
Tel: (206) 625-0851, Fax: 206-625-0999, blisanti@microplanet.com; MicroPlanet
Investor Relations: Gerry Wimmer, INVESTORFILE.com, Tel: (416) 360-8895, Toll
Free: 1-888-894-8222, gwimmer@investorfile.com
QSGI Signs On Two New Customers for Data Center Maintenance Services
HIGHTSTOWN, N.J. and PALM BEACH, Fla., July 21 /PRNewswire-FirstCall/ -- QSGI Inc. (BULLETIN BOARD: QSGI) , the only provider of a full suite of information technology services to help corporations better manage IT assets, data center maintenance expenses, and ensure best practices for data security and regulatory compliance, today announced that it has signed on a Fortune 100 consumer and industrial manufacturing conglomerate and a major Midwest state university for QSGI's data center maintenance services.
Marc Sherman, chairman and chief executive officer of QSGI, commented, "These latest contracts for our data center maintenance services are consistent with the goals behind our previously announced strategic initiative to increase our focus on expanding the breadth and depth of IT services that QSGI provides. QSGI has superior capabilities in servicing our clients' IT platform from mainframe and midrange processors to network infrastructure and enterprise storage hardware, including IBM, Sun/STK, Hewlett Packard, Dell, Cisco, EMC, and Hitachi. We believe that demand for our third party services should transcend the ebb and flow of economic conditions because our services provide an outlet for entities concerned about cost-savings to keep their expenses in check while not having to cut back on essential quality controls for their IT equipment."
Mr. Sherman concluded, "We are pleased to be working with these highly regarded entities. The anticipated recurring revenue streams derived from these service offerings give us improved visibility and the attractive margins will benefit the company as a whole. We continue to seek to increase this segment's revenues in proportion to our overall business."
About QSGI
QSGI provides a full suite of information technology services to help corporations and governmental agencies better manage hardware assets, reduce maintenance expenses, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms -- from mainframes, midrange servers and PC, to network infrastructure and enterprise storage hardware, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment.
For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling.
Additionally, through its acquisition of Contemporary Computer Services, Inc. (CCSI), an enterprise class IT services provider with an extensive list of corporate, educational, and government customers, QSGI also performs network design, implementation, and monthly maintenance services on corporations' networking infrastructure as well as 24/7 IT monitoring and diagnostics through its North American Network Operating Center (NOC).
Given the sensitive nature of the company's client relationships, it does not provide the names of its clients. Additional information about the company is available at http://www.qsgi.com/.
Statements about QSGI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. QSGI intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and QSGI's actual results could differ materially from expected results. QSGI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
QSGI Inc.
CONTACT: David K. Waldman or Klea K. Theoharis, both of Crescendo
Communications, LLC, +1-212-671-1020, qsgi@crescendo-ir.com, for QSGI
Web site: http://www.qsgi.com/
Standard & Poor's Launches Compustat(R) Snapshot, the First Global Backtest DatabaseCompustat Snapshot extends the scope of historical analysis and backtesting to international markets.
NEW YORK, July 21 /PRNewswire/ -- In response to the need for a tool that would allow analysts to conduct investment simulations based on international data at a client-specified date, Standard & Poor's Compustat (https://www.compustatresources.com/support/index.html) announces the creation of Compustat(R) Snapshot (http://www2.standardandpoors.com/portal/site/sp/en/us/page.product/dataservic es_compustat/2,9,2,0,0,0,0,0,0,3,4,0,0,0,0,0.html) (Due to length of URL, please cut and paste into browser.), the world's first backtest database of financial information on companies outside the United States and Canada. This new database both extends the scope of historical analysis and long-term backtesting models to international markets and enables more precise investment simulation by delivering a clear picture of reported data at a requested observation date.
Unlike a traditional global database, Compustat Snapshot contains all values obtained in the database production process -- original and changed data -- and shows a complete history, simplifying the process of re-creating investment scenarios. Compustat Snapshot enables the development of scenarios that simulate actual international investment environments because it captures preliminary and final data when it became available. Compustat Snapshot also makes it possible to identify what item valued changed and when it changed. Modifications to corporate action information, such as company name, domicile and address changes, as well as exchange changes, can also be applied.
"There is an ever-increasing need for deep historical global data. Compustat Snapshot lets backtesters extend the reach of their historical models and conduct analysis beyond traditional borders," said Mitch Abeyta, Managing Director, Standard & Poor's Compustat. "This new database enables users to incorporate monthly snapshots of data into their models, thereby allowing understanding of what the market knew at a particular date and time. It also permits the factoring out of look-ahead bias and reduces lag assumptions with respect to international markets."
Compustat Snapshot uses the Compustat global database (http://www2.standardandpoors.com/portal/site/sp/en/us/page.product/dataservic es_compustat/2,9,2,0,0,0,0,0,0,3,2,0,0,0,0,0.html) (Due to length of URL, please cut and paste into browser.) as its foundation capitalizing on its breadth and depth of fundamental data and company population to broaden data analysis. This robust database lets analysts effectively evaluate attributes that drive relative performance for the stock selection process.
For more information regarding Standard & Poor's Compustat (http://www2.standardandpoors.com/portal/site/sp/en/us/page.product/dataservic es_compustat/2,9,2,0,0,0,0,0,0,1,1,0,0,0,0,0.html) (Due to length of URL, please cut and paste into browser.) data solutions or to request a personal demonstration, visit http://www.standardandpoors.com/ or call 800-357-0769.
About Compustat Data
Standard & Poor's Compustat(R) data is used by institutional money managers and analysts around the world. With fundamental and market data on 75,000 global securities, Compustat provides vital company, index and industry information that supports financial models and proprietary company and industry analysis.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies (http://www.mcgraw-hill.com/), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/
Standard & Poor's and its affiliates provide a wide range of services to, or relating to, many organizations, including issuers of securities, investment advisers, broker-dealers, investment banks, other financial institutions and financial intermediaries, and accordingly may receive fees or other economic benefits from those organizations, including organizations whose securities or services they may recommend, rate, include in model portfolios, evaluate or otherwise address.
Standard & Poor's
CONTACT: Media Information:
Christopher Capot
KNB Communications
+1-212-505-2441
CCapot@knbpr.com
Company Information:
Monique Helfer, Public Relations
Standard & Poor's Compustat
+1-303-721-4760
Monique_Helfer@standardandpoors.com
Web site: http://www.standardandpoors.com/
https://www.compustatresources.com/support/index.html
http://www.mcgraw-hill.com/
EDS Signs IT Outsourcing and Transformation Agreement With CAT Group
PLANO, Texas, July 21 /PRNewswire-FirstCall/ -- EDS today said it has signed a seven-year agreement with the CAT Group, a worldwide provider of transport and logistics services, to develop, integrate, deploy and support the company's software applications. Financial terms were not disclosed.
This contract builds upon an information technology (IT) infrastructure agreement CAT Group awarded to EDS in 2005. Under that agreement, which includes network management and governance and continues through 2015, EDS manages the CAT Group's entire IT infrastructure, which includes 2,000 work stations at 131 sites in 19 countries.
"For the past three years, EDS has combined its technical and functional expertise and business knowledge to guarantee our infrastructure delivers innovation and high performance," said Alejandro Forbes, CEO of the CAT Group. "The commitment and professionalism of the team at EDS can clearly be seen every day throughout our projects. It was a logical decision to entrust the management of all our applications to EDS. With this new agreement, we are expecting a high level of IT cost optimisation, valued at about $44 million over the next five years."
"As our client's business ally, we are delighted and proud to announce the renewal and extension of our relationship with the CAT Group," said Jim Dullum, vice president, EDS Global Transportation Industry. "This new agreement clearly recognises our ability to manage the application assets of an international enterprise. It represents an important and strategic relationship between CAT Group and EDS."
As a leading transportation IT services provider, EDS' end-to-end capabilities encompass air carriers, airports, cruise lines, hotel companies, logistics and modal providers, and major reservations networks. More than 9,000 EDS employees bring world-class technology solutions and infrastructure to help more than 300 transportation and travel-related clients sustain competitive advantage in a highly dynamic global market.
About CAT
CAT Group is a leading automotive logistics company. It provides finished vehicle logistics and related value-added services as well as a full logistics service for vehicle spare parts, motorcycles and industrial products worldwide. It employs over 2,800 people with a turnover of euro 1,070 M in 2007.
In 2007, CAT Group delivered more than 2.4 million new vehicles and in excess of 800,000 tonnes of cargo.
About EDS
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 46 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.
CONTACT:
Annabelle Baxter - EDS Aude Chenebaux - EDS France
+1 972 605 0978 01 55 62 32 03
annabelle.baxter@eds.com aude.chenebaux@eds.com
Electronic Data Systems Corporation
CONTACT: Annabelle Baxter, +1-972-605-0978, annabelle.baxter@eds.com, or
France, Aude Chenebaux, 01 55 62 32 03, aude.chenebaux@eds.com, both of EDS
Web site: http://www.eds.com/
TI launches Power over Ethernet controller to optimize sub-13-W designsDevice supports lower input voltage operation and smaller solution size for local power supplies
DALLAS, July 21 /PRNewswire/ -- Expanding on the company's line of Power over Ethernet (PoE) controllers, Texas Instruments Incorporated (TI) introduced today a 13-W PoE powered device controller with onboard DC/DC converter specifically designed to meet the needs of IEEE 802.3af-compliant applications. The new, highly-integrated device eases system design and size for PoE applications, including IP phones, IP security cameras, wireless access points, security card readers and RFID scanners, to name a few. See: http://www.ti.com/tps23753-pr.
The TPS23753 is optimized for isolated DC/DC switching topologies, including flyback topology. The TPS23753 will operate on a wide range of local power supplies in cases where Power over Ethernet power is not available. The device operates from 12-V to 57-V, including operation down to 9.5-V to support droop on any 12-V local power supply. The DC/DC converter allows for operation in this range with an 80 percent duty cycle and current slope compensation, reducing output rectifier stress for 12-V adapters.
To ease design with local power supplies, the TPS23753 features adapter priority programming that allows the designer to select which power source to use when both PoE and local power are available. Native support for this prioritization eases design and reduces system size by eliminating external components.
Leading Power over Ethernet technology portfolio
The TPS23753 builds on TI's extensive portfolio of Power over Ethernet powered device controllers and power sourcing equipment (PSE) solutions. Along with the previously released TPS23750, the TPS23753 enables designers to have the most optimized PD front end plus integrated DC/DC converter available from TI. The TPS23750 remains an optimal choice for designers seeking additional DC/DC topologies, including non-isolated and buck. See: http://www.ti.com/tps23750-pr. For higher power PoE applications, the TPS2376-H is the industry's first 26-watt PoE PD controller that allows Ethernet-powered devices to draw twice as much power from a standard Ethernet cable. See: http://www.ti.com/tps2376h-pr.
Leveraging its volume production capabilities and systems expertise, the company has shipped more than 25 million PoE PD products to a broad base of customers around the world. TI is a founding member of the PoETec Consortium and University of New Hampshire's PoE Consortium. Texas Instruments has been instrumental in the work of the 802.3at task force, the group charged with delivering a higher power PoE standard, sponsoring several members including the task force chairman.
Pricing and availability
TPS23753 is currently available from TI and its authorized distributors in 14-pin TSSOP packaging. Suggested resale price is $1.45 in quantities of 1,000. Evaluation modules of the TPS23753 are available online through power.ti.com/poe.
About Texas Instruments
Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 25 countries. For more information, go to http://www.ti.com/
Please refer all reader inquiries to:
Texas Instruments Incorporated
Semiconductor Group, SC-08097
Literature Response Center
14950 FAA Blvd.
Fort Worth, TX 76155
1-800-477-8924
Trademarks
All registered trademarks and other trademarks belong to their respective owners.
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PRN Photo Desk, photodesk@prnewswire.com
Texas Instruments
CONTACT: Julie Day of Texas Instruments, +1-214-567-4285, jday@ti.com;
or Jacqi Moore of GolinHarris, +1-972-341-2514, jmoore@golinharris.com, for
Texas Instruments. (Please do not publish these numbers or e-mail addresses.)
Web site: http://www.ti.com/
http://www.ti.com/tps23753-pr
iFinix Updates Shareholders on Company's Position
GARDEN CITY, N.Y., July 21 /PRNewswire-FirstCall/ -- iFinix Corp. (Pink Sheets: INIX) a provider of real-time financial information and services to active traders and to the securities industry, is pleased to update its shareholder base.
Benhope Munroe CEO, CFO of iFinix comments, "I would like to thank our shareholders for their patience during the last few weeks after the recent tragic event. During this time, the new management team has completed a full review of all aspects of Ifinix Corp. We have had in depth discussions with all our vendors, business partners and financial industry and legal consultants that review is now complete and we are pleased to report that we have the full support of everyone. We have never been more optimistic about the future success of iFinix. In the coming days and weeks we will start to implement our business plan and inform our shareholders accordingly of the completion of the many agendas we have set forth. These steps will guide iFinix in the direction of a fully reporting, and profitable company. Included will be updates of pending and future acquisitions, Market maker representation, up listing status and much more. We know we have to gain the trust of our shareholders and I personally will make sure that happens and in short time. I look forward to releasing developments and keeping our shareholders updated.
About iFinix Corp.
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix Real-time, iFinix Trader and eFinix. Visit http://www.ifinix.com/
Legal Notice Regarding Forward-Looking Statements:
Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.
Contact:
iFinix Corporation
Investor Relations
516-504-3981 x301
iFinix Corp.
CONTACT: Investor Relations of iFinix Corporation, +1-516-504-3981,
ext. 301
Web site: http://www.ifinix.com/
Vimicro to Report Second Quarter 2008 Financial Results on July 29, 2008
BEIJING, July 21 /Xinhua-PRNewswire-FirstCall/ -- Vimicro International Corporation , a leading fabless semiconductor company that designs and develops multimedia semiconductor products and solutions, today announced that it will report financial results for the second quarter ended June 30, 2008 on July 29, 2008 after the market closes.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070528/CNM014LOGO )
The Company will host a conference call for analysts and investors to discuss its financial results at 5:30 p.m. Eastern Time on July 29, 2008.
Second Quarter 2008 Conference Call Information:
Date: July 29, 2008
Time: 5:30 p.m. Eastern Time
U.S. Conference Call Number: 800-798-2801
International Callers: 617-614-6205
Participant Pass Code: 89521625
Additionally, a live web cast of the conference call will be accessible from the ''Investors'' section of the Company's Web site ( http://www.vimicro.com/ ). Following the live web cast, an archived version will be available on the Vimicro Web site.
A telephone replay of the call will also be available approximately two hours after the call and will be available until August 5, 2008 at midnight (ET). The replay number is 888-286-8010 with a pass code of 63044768. International callers should dial 617-801-6888 and enter the same pass code at the prompt.
About Vimicro International Corporation
Vimicro International Corporation is a worldwide leading fabless semiconductor company that designs, develops and markets proprietary embedded multimedia signal processing chips and solutions that enable multimedia applications for mobile phones over 2.5G/3G networks and PCs over broadband Internet. Vimicro's ADSs, each of which represents four ordinary shares, are currently trading on the NASDAQ global market under the ticker symbol ''VIMC.''
For more information, please contact:
Investor Contact:
Shelton Group
Ryan Bright
Tel: +1-972-239-5119 x159
Email: rbright@sheltongroup.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070528/CNM014LOGO
PRN Photo Desk, 888-776-6555 or 212-782-2840
Vimicro International Corporation
CONTACT: Investor Contact: Shelton Group - Ryan Bright, +1-972-239-5119
x159, or rbright@sheltongroup.com
Web site: http://www.vimicro.com/
Trumpet Mobile Prepaid Mobile Phone Service Now Available at Walgreens Stores Nationwide
DALLAS, July 21 /PRNewswire/ -- Affinity Mobile d/b/a Trumpet Mobile and Walgreens today announced the nationwide availability of Trumpet Mobile's prepaid wireless services at more than 6,000 Walgreens locations. The expansion allows customers to purchase quality handsets and Trumpet Mobile airtime minutes. Trumpet Mobile's differentiated service offerings include prepaid family plans, a competitive low prepaid domestic rate plan of ten cents per minute, industry leading international long distance rates as low as three cents per minute, messaging for as low as five cents per message and a loyalty reward program that offers mobile subscribers bonus minutes for airtime usage.
By bundling an affordable prepaid wireless plan with quality handsets, Trumpet Mobile offers customers a valuable service that Walgreens customers can use every day to stay in touch with their family and friends.
"It's now even more convenient to find and take advantage of Trumpet Mobile of Trumpet Mobile," said John W. Carney, chief executive officer of Affinity Mobile. "Our launch with Walgreens continues our expansion into new leading channels of distribution that will reach more consumers who can benefit from our services. Trumpet subscriber numbers continue to climb and we are excited to expand Trumpet's availability to Walgreens customers."
Trumpet Mobile is now available in Walgreens retail locations throughout the U.S. Consumers can find the nearest Walgreens at http://www.walgreens.com/
About Trumpet Mobile
Trumpet Mobile is a prepaid wireless service provider that offers pay-as-you-go convenience, flexible options, national coverage and quality phones. Trumpet Mobile's differentiated service offerings include features such as, a competitive low prepaid domestic rate plan, industry leading international long distance rates, messaging, and a loyalty reward program that gives mobile subscribers bonus minutes for airtime usage. For more information about Trumpet Mobile, visit http://www.trumpetmobile.com/.
About Walgreens
Walgreens (http://www.walgreens.com/) is the nation's largest drugstore chain with fiscal 2007 sales of $53.8 billion. The company operates 6,252 drugstores in 49 states, the District of Columbia and Puerto Rico. Walgreens provides the most convenient access to consumer goods and cost-effective health care services in America through its retail drugstores, Walgreens Health Services division and Walgreens Health and Wellness division. Walgreens Health Services assists pharmacy patients and prescription drug and medical plans through Walgreens Health Initiatives Inc. (a pharmacy benefit manager), Walgreens Mail Service Inc., Walgreens Home Care Inc., Walgreens Specialty Pharmacy LLC and SeniorMed LLC (a pharmacy provider to long-term care facilities). Walgreens Health and Wellness division includes Take Care Health Systems, which is comprised of: Take Care Consumer Solutions, managers of 172 convenient care clinics at Walgreens drugstores, and Take Care Employer Solutions, managers of worksite-based health and wellness services at more than 370 employer campuses.
MEDIA CONTACTS:
Affinity Mobile and Trumpet Mobile
Erica Garver, 971-570-3291 or EricaG@sundropmedia.com
Christy Caplan, 503-412-8850 or ChristyC@sundropmedia.com
If urgent, send email to SpeedyResponse@sundropmedia.com
Trumpet Mobile
CONTACT: Affinity Mobile and Trumpet Mobile: Erica Garver,
+1-971-570-3291, EricaG@sundropmedia.com; or Christy Caplan, +1-503-412-8850,
ChristyC@sundropmedia.com; If urgent, send email to
SpeedyResponse@sundropmedia.com
Web site: http://www.trumpetmobile.com/
http://www.walgreens.com/
Compuware's Business Service Management eBook Helps Align IT with Business GoalsFree eBook Provides Practical Methods and Best Practices to Help IT Deliver Exceptional Service
DETROIT, July 21 /PRNewswire-FirstCall/ -- Compuware Corporation today announced the availability of a free and complete eBook, "The Definitive Guide to Business Service Management." This eBook, available at http://www.compuware.com/ebook , provides IT organizations with easily adopted best practices and innovative new processes to deliver increased value through improved IT service delivery and better alignment with business goals.
This independent guide, authored by technology veteran Greg Shields and published by Realtime Publishers, explores the power of Business Service Management (BSM) and offers a multitude of tips for implementing BSM and maximizing management, operational and IT value. The eBook helps IT organizations move from an infrastructure-focused mindset to an organizational focus on business-driven service delivery.
"Organizations that successfully adopt BSM become much more agile and are better able to serve the needs of their customers," said Shields. "My hope is that organizations struggling to deliver stronger value to the business will find this new eBook helpful in making that move to Business Service Management."
Greg Shields, a co-founder of Concentrated Technology, has nearly 15 years of experience in information technology with extensive experience in system administration, engineering and architecture. Previously a senior system engineer for Raytheon Company, Shields has experience authoring formalized IT configuration management procedures for U.S. government satellite code development activities. A contributing author to Redmond and Microsoft Certified Professional Magazine, Shields writes two regular columns, numerous feature articles, webcasts and white papers.
"Compuware is pleased to offer this free eBook to IT leaders and practitioners interested in realizing the value of BSM," said Steve Tack, Compuware Vice President, IT Service Management. "The guidance in this book will help IT to perform service monitoring, reporting and notification in a way that makes sense and provides value not only to those in IT, but also to an organization's business leaders--the true customers of IT."
The ten-chapter eBook covers topics ranging from the power and implementation of BSM, IT service management evolution, end-user experience monitoring, ITIL and Six Sigma. Recently published on a chapter-a-month basis, the eBook is now available for the first time as a completed book in a single PDF. Those interested can download the book at http://www.compuware.com/ebook .
Compuware Corporation
Compuware Corporation makes IT rock around the world, helping CIOs optimize IT performance to achieve business goals. Compuware solutions accelerate the development, improve the quality and enhance the performance of critical business systems while enabling CIOs to align and govern the entire IT portfolio, increasing efficiency, cost control and employee productivity throughout the IT organization. Founded in 1973, Compuware serves the world's leading IT organizations, including more than 90 percent of the Fortune 100 companies. Learn more about Compuware at http://www.compuware.com/ .
Press Contact
Sean M. Patrick, Communication Analyst, Compuware Communications and
Investor Relations, 313-227-5594 sean.patrick@compuware.com
For Sales and Marketing Information
Compuware Corporation, One Campus Martius, Detroit, MI 48226,
800-521-9353, http://www.compuware.com/
Compuware Corporation
CONTACT: Sean M. Patrick, Communication Analyst, Compuware
Communications and Investor Relations, +1-313-227-5594,
sean.patrick@compuware.com, or for Sales and Marketing Information,
+1-800-521-9353
Web site: http://www.compuware.com/
Company News On-Call: http://www.prnewswire.com/comp/112310.html
Silicon Graphics Reaffirms Fourth Quarter Fiscal 2008 GuidanceContinues to Attract Talent To Strengthen Leadership Team; Further Refines Cost Structure
SUNNYVALE, Calif., July 21 /PRNewswire-FirstCall/ -- Silicon Graphics, Inc. today reaffirmed and updated guidance for the quarter ending on June 27, 2008. For the fiscal fourth quarter of 2008, SGI expects that bookings will be in the upper range of its initial $80 to $100 million estimate; proforma revenue in the lower half of its initial $115 to $135 million estimate and a cash balance of approximately $40 million, roughly the same as the prior quarter, with no amount drawn on the $20 million revolving line of credit. The updated bookings guidance represents an approximate 25 percent year-over-year growth in bookings, one of SGI's primary objectives in fiscal year 2008. The above estimates would result in backlog growth of over twice the amount of backlog as of the end of fiscal year 2007, an approximate 120 percent growth. It is not unusual for proforma revenue results to fluctuate as we finalize our audit of proforma revenue and, to the extent these revenues change, there will be a corresponding change in backlog. SGI plans to provide bookings and proforma revenue guidance for the fiscal first quarter 2009 during the August 28th earnings call.
"SGI's original guidance for the fiscal fourth quarter of 2008 remains intact, as does our strategy to execute on our operating plan to achieve a lower operating break-even point," said SGI CEO Robert "Bo" Ewald.
Customer-Focused Business Model
SGI continues to attract outside talent. Barbara Stinnett will lead its global services and customer support business. A seasoned executive, she was most recently executive vice president and chief customer officer at i2 Technologies. Ms. Stinnett's distinguished career has included senior executive roles at Sybase and HP where she led worldwide field operations which included marketing, sales and services. She is recognized for her customer-centric approach.
SGI also strengthened its focus on storage software, visualization, and sales and marketing. The storage and software organization are combined under the leadership of Irene Qualters as senior vice president of software and storage. With the early success of SGI visualization software, Bob Pette will serve as vice president of visualization products to help realize SGI's potential in this growing area. Doug Britt, senior vice president of global sales and marketing will lead a new integrated worldwide sales, marketing, and strategy organization with Shahin Khan serving as vice president of marketing, strategy and corporate development.
SGI made these announcements as it continued to achieve successes in a range of categories, in the fiscal fourth quarter 2008 as compared to prior quarters, including:
-- increased traction in key verticals, such as digital media, automotive/aerospace, energy, and government/defense, among both new and existing customers
-- strong showings on the latest Top500 and Green500 lists, with SGI supplying the world's most powerful supercomputer ever to be installed at an industrial customer site
Having completed the first phase of its new growth strategy, SGI is now focused on building on its reputation as a highly trusted technology partner and refining its cost structure as a step toward sustained growth and profitability.
Ewald explained, "As our exceptional leadership team works to realign our organization around our key priorities, we see a loyal and growing customer base that continues to invest in SGI solutions, a solutions-oriented sales and marketing organization and innovative product lines that put customers first. We will continue to move the company forward with those strengths firmly in place."
SGI delivered the initial guidance referred to above on a conference call held on May 6, 2008. Investors can access the archived Webcast and audio replay of that call at http://www.sgi.com/company_info/investors/.
SGI will provide additional details regarding results from the fourth quarter of fiscal year 2008 in an earnings release and a call scheduled for Thursday, August 28, 2008 at 2:00 p.m. PDT.
To view the latest and historical annual reports, quarterly financial statements, products and solutions offerings, and recent news releases visit the SGI web site http://www.sgi.com/.
SGI is a leader in high-performance computing. SGI delivers a complete range of high-performance server, visualization and storage solutions along with industry-leading professional services and support that enable its customers to overcome the challenges of complex data-intensive workflows and accelerate breakthrough discoveries, innovation and information transformation. SGI helps customers solve significant challenges whether it's enhancing the quality of life through drug research, designing and manufacturing safer and more efficient cars and airplanes, studying global climate change, providing technologies for homeland security and defense, or helping enterprises manage large data. With offices worldwide, the company is headquartered in Sunnyvale, Calif., and can be found on the Web at sgi.com.
(C) 2008 SGI. All rights reserved. SGI, the SGI cube and the SGI logo are registered trademarks of SGI in the United States and/or other countries worldwide. All other trademarks mentioned herein are the property of their respective owners.
Forward-Looking Statement: This current report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, or the Exchange Act. These statements involve known and unknown risks, uncertainties and other important factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These forward-looking statements include, but are not limited to estimates of financial results and the seasonality of our business. In some cases, one can identify forward-looking statements by terms such as "expects," "estimates," will," as well as similar expressions. Forward-looking statements reflect the Company's current views with respect to future events are based on assumptions and are subject to risks, uncertainties and other important factors. We discuss many of these risks, uncertainties and other important factors in greater detail under the heading "Risk Factors" in the Company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q. Given these risks, uncertainties and other important factors, you should not place undue reliance on these forward-looking statements. Also, these forward-looking statements represent the Company's estimates and assumptions only as of the date these forward-looking statements are made. The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether changes occur as a result of new information, future events, changed assumptions, or otherwise.
SGI Media Contact: Marla Robinson, 256.773.2371, marlar@sgi.com.
SGI
CONTACT: Marla Robinson of SGI, +1-256-773-2371, marlar@sgi.com
Web site: http://www.sgi.com/
UTStarcom Debuts First IPTV-Based Video Advertising Network in ChinaIPTV to Serve as Platform for Interactive Advertising System in Guangxi
ALAMEDA, Calif., July 21 /PRNewswire-FirstCall/ -- UTStarcom, Inc. today announced that Guangxi Telecom Company Limited, a wholly- owned subsidiary of China Telecom Corporation Limited , has chosen UTStarcom's industry-leading RollingStream(R) Internet Protocol TV (IPTV) platform to deploy a new interactive advertising system. Guangxi Telecom is the first service provider in China to deploy IPTV for building- based video advertising.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)
UTStarcom will provide Guangxi Telecom with 3,600 concurrent IPTV streams for the initial deployment of the interactive advertising system in 14 Guangxi cities. In the first phase, set-top boxes will be deployed in supermarkets, department stores, office buildings and in Guangxi Telecom's facilities in Nanning, Liuzhou, Guiling, Qinzhou, Guigang, Wuzhou, Beihai and Baise.
"UTStarcom has a great deal of experience in successfully deploying and scaling advanced IPTV solutions in China and around the world," said Robert Wu, CEO of UTStarcom China. "The advertising deployment with Guangxi Telecom is a strong demonstration of how UTStarcom is enabling new interactive applications based on our RollingStream platform, and we'll continue to work with leading service providers to provide innovative services for their customers."
UTStarcom's RollingStream(R) end-to-end IPTV system currently supports more than 850,000 live IPTV subscribers globally and maintains a current total system capacity of more than 2.5 million subscribers as a result of recent successful deployments in China with China Netcom and China Telecom, in India with Bharti Airtel, MTNL/Aksh and United Telecoms Limited, in Sri Lanka with SLT, in Japan with Softbank, in Latin America with Brasil Telecom and in Taiwan with Markwell.
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue- generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and development operations in the United States, Canada, China, Korea and India. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/.
About Guangxi Zhuang Autonomous Region Telecom Company Ltd.
Guangxi Zhuang Autonomous Region Telecom Company Limited (hereinafter referred to as the Company), a wholly-owned subsidiary of China Telecom Corporation Ltd., is listed in Hong Kong and in the United States. The Company was founded on August 28, 2003 with registered capital of 4.992 billion yuan. The Company administers 14 city-level branches, 75 county-level branches, and one subsidiary company. The Company has nearly 10,000 employees. For more information, please visit http://hezhou.ptt.gx.cn/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding UTStarcom's future strategy, including statements regarding the anticipated deployment of an interactive advertising system in China using the Company's RollingStream IPTV platform. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. Factors that could cause actual results to differ materially from those contained in our forward-looking statements include: increased competition; economic issues in the identified geographic markets; failure to rapidly and successfully develop and introduce new products; risks associated with delays in product development or customer acceptance; implementation of new products and technologies; anticipated number of subscribers and traffic; and changes in government regulation and licensing requirements. Please also refer to UTStarcom's periodic reports that are filed from time to time with the Securities and Exchange commission, including our latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. UTStarcom assumes no obligation to, and does not currently intend to, update these forward-looking statements.
Photo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
UTStarcom, Inc.
CONTACT: Darleen DeRosa, Senior Director, Corporate Public Relations of
UTStarcom, Inc., +1-510-769-2830, darleen.derosa@utstarcom.com; or Sara Zavala
of Edelman, +1-702-644-2465, sara.zavala@edelman.com
Web site: http://www.utstar.com/
NetSuite Announces Timing of Second Quarter 2008 Financial Results Conference CallSecond Quarter 2008 Results to be Released on August 5, 2008, after Market Close
SAN MATEO, Calif., July 21 /PRNewswire-FirstCall/ -- NetSuite Inc. , a leading vendor of on-demand, integrated business management software suites for the mid-market enterprise business and divisions of large companies, today announced that its financial results for the second quarter of 2008 will be released after the market close on Tuesday, August 5, 2008. NetSuite will host a conference call to discuss the results at 2:00pm (PT) / 5:00pm (ET) on the same day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20021024/SFTH024LOGO)
A live webcast and dial in information for the call will be available at http://www.netsuite.com/investors. An audio replay will be available between 5:00pm (PT) August 5, 2008 and midnight (PT) August 7, 2008. The replay will also be available on NetSuite's Investor Relations website at http://www.netsuite.com/investors.
For more information about NetSuite, please visit http://www.netsuite.com/.
NOTE: NetSuite and the NetSuite logo are registered service-marks of NetSuite Inc.
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AP Archive: http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
NetSuite Inc.
CONTACT: Investor Inquiries, IR@netsuite.com, or Media, Mei Li of
NetSuite Inc., +1-650-627-1063, meili@netsuite.com
Web site: http://www.netsuite.com/
SAP to Wind Down Operations of TomorrowNow
NEWTOWN SQUARE, Pa., July 21 /PRNewswire-FirstCall/ -- Today, SAP announced that it has chosen to wind down operations of TomorrowNow, a subsidiary it purchased in February 2005 that has provided third-party support for Oracle and other applications.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)
SAP is working directly with TomorrowNow's more than 225 current customers to help them return to support from Oracle for those customers on PeopleSoft, JDEdwards or Siebel applications or to smoothly transition to new support options.
"Our goal is to assist our customers in transitioning to a new support provider, including Oracle, without a disruption to their support during the wind-down process," said Mark White, executive chairman, TomorrowNow.
SAP intends to conclude the wind-down process prior to October 31, 2008.
For more information, please visit http://www.tnlawsuit.com/.
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 more information, press only:
Christoph Liedtke, +49 6227 7-50383, christoph.liedtke@sap.com, CET
Andy Kendzie, +1 (202) 312-3919, andy.kendzie@sap.com, EDT
Saswato Das, + 1 (212) 653 9571, saswato.das@sap.com, EDT
Lindsey Held, +1 (650) 320-3524, Lindsey.held@sap.com, PDT
For more information, financial community only:
Stefan Gruber, +49 6227 7-44872, investor@sap.com, CET
Martin Cohen, +1 (212) 653-9619, investor@sap.com, EDT
Photo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
SAP
CONTACT: Media, Christoph Liedtke, +49 6227 7-50383,
christoph.liedtke@sap.com, CET, or Andy Kendzie, +1-202-312-3919,
andy.kendzie@sap.com, EDT, or Saswato Das, +1-212-653-9571,
saswato.das@sap.com, EDT, or Lindsey Held, +1-650-320-3524,
Lindsey.held@sap.com, PDT; or Financial Community, Stefan Gruber,
+49 6227 7-44872, investor@sap.com, CET, or Martin Cohen, +1-212-653-9619,
investor@sap.com, EDT, all of SAP
Web site: http://www.sap.com/
Lexmark's new Professional Series AIOs work overtime to improve productivity in today's wireless office
LEXINGTON, Ky., July 21 /PRNewswire-FirstCall/ -- As an increasing number of small offices and home offices (SOHOs) "cut the cord" and implement Wi-Fi networks to improve productivity, professionals are seeking versatile, wireless all-in-one (AIO) printers to help them get more done. Lexmark International, Inc. today introduced three new additions to its Professional Series of inkjet AIOs that make it easy and affordable for customers to make wireless printing a part of their office environment.
"Our ongoing segment research reveals that SOHO professionals are embracing wireless networks to improve efficiency and productivity, while reducing operational costs," said Paul A. Rooke, Lexmark executive vice president and president of its Consumer Printer Division. "The new, high-performing printers added to the Professional Series are easy to operate, integrate perfectly into the mobile and wireless office, and are available at an affordable price."
The Lexmark X4975, X6675 and X7675 will be the newest members of Lexmark's Professional Series of inkjet AIOs, which are each created to capture the key features and functions needed by those who work from home or run small businesses. Deadline-driven professionals want reliability, quality, efficiency and speed from printers that are easy to share among multiple users. They don't want to be inconvenienced by running out of ink, and they want their documents to look every bit as good as those that large businesses deliver.
For these reasons, Lexmark's Professional Series AIOs offer features such as wireless connectivity(1), high-yield cartridges, evercolor2 inks and integrated two-sided printing, which not only helps reduce a user's cost but diminishes the impact on the environment. The three new products also include one of the best warranties in the business featuring five-year warranty coverage(2) with lifetime, priority phone support to help busy professionals better manage technical troubleshooting.
With today's introduction of the X4975, X6675 and X7675, Lexmark's Professional Series will carry a total of five printers designed specifically to meet the needs of SOHO professionals. The three new devices join an impressive existing lineup of highly capable and award-winning yet affordable products that are already available in stores.
The Lexmark X4975 is priced at $179.99(3) and features three-in-one capability (print, scan, copy), two-sided printing, a vibrant 2.4-inch color LCD, a 25-page automatic document feeder (ADF) and up to 30 pages per minute (ppm) black and 27 ppm color(4).
The Lexmark X6675 is priced at $149.99(3) and features four-in-one capability (print, scan, copy, fax), wireless, an ADF and up to 25 ppm black and 18 ppm color(4).
The Lexmark X7675 is priced at $199.99(3) and features four-in-one capability (print, scan, copy, fax), wireless and Ethernet standard, two-sided printing, a vibrant 2.4-inch color LCD, a 25-page ADF, and up to 32 ppm black and 27 ppm color(4).
All three products will be available starting in September, with the exception of the X7675, which is available starting today exclusively at Staples(R).
To learn more about Lexmark's Professional Series of printers, please visit: http://www.lexmark.com/professionalseries .
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.
(1) 802.11 b/g/n wireless network required for all wireless functions. Subject to the range and capabilities of your wireless router and access to electricity.
(2) This limited warranty does not cover accidental damage, misuse, theft or loss. See Statement of Limited Warranty available at purchase locations for details. Warranty availability can vary by product and country.
(3) All prices are estimated street prices in U.S. dollars - actual prices may vary.
(4) Printing in draft mode and excludes time to first page feed. Visit http://www.lexmark.com/ for details.
Lexmark International, Inc.
CONTACT: Richard Young, +1-617-226-8842, or Michelle Homes,
+1-206-224-3177, lexmarkus@lewispr.com, both of Lexmark International, Inc.
Web site: http://www.lexmark.com/
http://www.lexmark.com/professionalseries
Lexmark's new Home and Student series AIOs help families make the most of printing technology
LEXINGTON, Ky., July 21 /PRNewswire-FirstCall/ -- Lexmark International, Inc. today introduced three new fully featured all-in-one (AIO) inkjet printers as part of its Home and Student series, which is designed to help families save time and money.
"With our Home and Student line of printers, Lexmark has embedded smart and practical features so families can finally enjoy a great printing experience without the common headaches," said Paul A. Rooke, Lexmark executive vice president and president of its Consumer Printer Division. "Fast and easy to install, the newly launched AIOs help meet every family member's unique printing needs at an affordable price point."
As more homes become "multi-computer" households, smart parents can save money by investing in only one printer. With wireless inkjet AIOs such as the new Lexmark X4950 or X6650, all members of the household can work in their own space within the home but still share a centrally located wireless printer that can meet everyone's needs (1). For families that want to share a printer but don't have a wireless network at home, the new Lexmark X5650 inkjet AIO has a front laptop port so users can quickly and easily connect their laptops when they are ready to print. So whether it's printing homework, driving directions, documents for work or tax forms, there is still only one set of supplies to purchase and one device to maintain.
Lexmark's Home and Student line of printers makes it easy for everyone in the family to extend their productivity and creativity. With a range of easy-to-use, affordable AIOs, Lexmark's new printers include smart features, fast and easy installation, and bright OLED displays. Other features include high-yield cartridge options and a one-year protection guarantee (2) that are friendly for both the wallet and the environment. The X4950 Wireless All-in-One even offers two-sided printing.
With today's introduction of the X4950, X5650 and X6650, Lexmark's Home and Student series will carry a total of six printers. The three new devices join an impressive existing lineup of highly capable yet affordable AIO printers that are already available in stores.
The Lexmark X4950 Wireless All-in-One is priced at $149.99 (3) and features three-in-one capability (print, scan, copy), wireless, two-sided printing, a large 2.4-inch color LCD, an automatic document feeder (ADF) and up to 30 pages per minute (ppm) black and 27 ppm color (4).
The Lexmark X5650 All-in-One is priced at $99.99 (3) and features four-in-one capability (print, scan, copy, fax), a bright 2-inch OLED display, an ADF, front laptop port and up to 25 ppm black and 18 ppm color (4).
The Lexmark X6650 Wireless All-in-One is priced at $129.99(3) and features four-in-one capability (print, scan, copy, fax), wireless, a bright 2-inch OLED display, an ADF and up to 25 ppm black and 18 ppm color(4).
All three printers will be available starting in September.
To learn more about Lexmark's Home and Student series of printers, please visit: http://www.lexmark.com/home&studentseries .
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.
(1) 802.11 b/g/n wireless network required for all wireless functions. Subject to the range and capabilities of your wireless router and access to electricity.
(2) This limited warranty does not cover accidental damage, misuse, theft or loss. See Statement of Limited Warranty available at purchase locations for details. Warranty availability can vary by product and country.
(3) All prices are estimated street prices in U.S. dollars -- actual prices may vary.
(4) Printing in draft mode and excludes time to first page feed. Visit http://www.lexmark.com/ for details.
Lexmark International, Inc.
CONTACT: Richard Young, +1-617-226-8842, or Michelle Homes,
+1-206-224-3177, lexmarkus@lewispr.com, both for Lexmark International, Inc.
Web site: http://www.lexmark.com/
http://www.lexmark.com/home&studentseries
ChinaEdu to Provide Recruiting and Support Services to Eight New University Partners Through Its Learning Center Network
BEIJING, July 21 /Xinhua-PRNewswire-FirstCall/ -- ChinaEdu Corporation ("ChinaEdu" or "the Company"), an educational services provider in China, today announced that it has signed education cooperation agreements with eight of the 68 universities approved to issue online degrees by the Ministry of Education in China.
ChinaEdu will provide these institutions with recruiting services for the universities' already established online degree programs. These services will be conducted through the Company's self-owned and franchised learning center network for an initial period of five years or less. These new agreements bring ChinaEdu's total number of online degree partnerships to twenty, the scope and duration of which vary by university.
The twelve previously signed contracts are exclusive partnerships by which ChinaEdu provides comprehensive services including academic program development, technology services, enrollment marketing, student support services and finance operations.
The eight new university partners are: Southwest Jiaotong University, the University of Electronic Science and Technology (Chengdu), Chinese Geology University (Wuhan), Chinese Geology University (Beijing), Northeast Normal University, Beijing Jiaotong University, Fujian Normal University and South China Normal University.
ChinaEdu is one of three institutions approved to operate a learning center network in multiple provinces in China. In February 2007, the Ministry of Education gave ChinaEdu the approval to open 10 learning centers in Beijing, Shanghai, Jiangsu and Zhejiang. In addition to these wholly-owned learning centers, and in cooperation with its university partners, ChinaEdu also established additional 32 franchised learning centers located in Jiangxi Province, Guangzhou, Changchun, among other locations. Of the 32 franchised learning centers, 13 have already launched student and recruitment services. ChinaEdu is continuously expanding its learning center network to accommodate the increasing demand for these services among universities in China.
Julia Huang, Chief Executive Officer of ChinaEdu Corporation, commented, "We are pleased to have added eight very reputable institutions to our esteemed list of university partners. We believe our learning center network will add considerable value to the high-quality services they already provide to their students. It will also enable us to take a more hands-on approach to the marketing and provision of these services."
"This is an important milestone for ChinaEdu as expanding our learning center network is a key component of our growth strategy. By complementing our flagship online degree services and providing a more complete service offering, we aim to capitalize on the growing demand for distance education services. These new partnerships are evidence of our ability to deliver on that strategy," Ms. Huang continued.
Information on Universities:
Southwest Jiaotong University was founded in 1896 and was moved to Chengdu in 1989. It is one of the oldest engineering universities in China. The university has 18 schools, three departments and two divisions, with students totaling more than 38,000 and over 3,900 professors and staff members.
University of Electronic Science and Technology (Chengdu) was founded in 1958 as part of a new type of university established by the Chinese Academy of Sciences that fosters educated professional in the field of science and technology. The university has nine schools, 23 departments with students totaling more than 13,000 and over 3,600 professors and staff members.
Chinese Geology University (Wuhan) / Chinese Geology University (Beijing) was founded in Beijing in 1952 and was later moved to Wuhan in 1975. In 1987 the university divided its departments and institution with locations in both Wuhan and Beijing. The university specializes in the field of geology, resources, environment, and combines geological engineering technology with social sciences and management courses. The university has more than 44,000 students and about 1,000 professors.
Northeast Normal University was founded in 1946 in Benxi, Liaoning Province but was later moved to Changchun city, Jilin province in 1949. The university has 19 schools, 56 undergraduate specialties and a graduate school, which offers 145 M.A. degree specialties, and 77 Ph.D. degree specialties. The university has more than 22,000 students and around 1,300 professors.
Beijing Jiaotong University was founded in 1896. The university consists of two basic departments: international exchanges and international students. The university currently has around 22,000 students and more than 2,700 professors and staff members.
Fujian Normal University was founded in 1907 and is Fujian Province's oldest university. There are currently 28 colleges, which together offer 56 undergraduate programs, over 120 master programs about 50 doctoral programs and seven post-doctoral research centers. The university currently has around 22,000 students and 2,600 professors and staff members.
South China Normal University was established in 1933. The university comprises of 24 schools and one department offering programs, which include a certificate, a bachelor's degree, a master's degree and a doctoral degree. The university has more than 29,000 students and 1,600 professors and staff members.
About ChinaEdu
ChinaEdu Corporation is an educational services provider in China, incorporated as an exempted limited liability company in the Cayman Islands. Established in 1999, the Company's primary business is to provide comprehensive services to the online degree programs of leading Chinese universities. These services include academic program development, technology services, enrollment marketing, student support services and finance operations. The Company's other lines of businesses include the operation of private primary and secondary schools, online interactive tutoring services and providing marketing and support for international curriculum programs.
The Company believes it is the largest service provider to online degree programs in China in terms of the number of higher education institutions that are served and the number of student enrollments supported. The Company currently has strategic relationships with 20 universities to support their online degree programs.
Forward-Looking Statement
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties and contingencies, many of which are beyond our control which may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's final prospectus filed with the Securities and Exchange Commission on December 11, 2007, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Unless required by law, the Company undertakes no obligation to (and expressly disclaim any such obligation to) update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
Investor Contacts
In China:
S. Jimmy Xia
ChinaEdu Corporation
Tel: +86-10-8418-6655 x1150
Email: ir@chinaedu.net
Pamela Leung
Taylor Rafferty, Hong Kong
Tel: +852-3196-3712
Email: chinaedu@taylor-rafferty.com
In the United States:
Jessica McCormick,
Taylor Rafferty, New York
Tel: +1-212-889-4350
Email: chinaedu@taylor-rafferty.com
ChinaEdu Corporation
CONTACT: In China, S. Jimmy Xia of ChinaEdu Corporation,
+86-10-8418-6655 x1150, or ir@chinaedu.net; or Pamela Leung of Taylor Rafferty,
Hong Kong, +852-3196-3712,or chinaedu@taylor-rafferty.com, or in the United
States, Jessica McCormick of Taylor Rafferty, New York, +1-212-889-4350, or
chinaedu@taylor-rafferty.com, both for CEDU
The Estate Vault Brings on Management Team in China and Plans on Hiring 3000 Sales Representatives in the Next 18 Months to Cover Mainland China
LAS VEGAS, July 21 /PRNewswire-FirstCall/ -- The Estate Vault Inc. (Pink Sheets: TEVI) -- a leading provider of value added products and services to organizations and the financial services industry, today announced that it has brought on two senior executives to begin operations in China.
The Estate Vault China (TEVC) will be lead by FengYue Liu as CEO. Prior to joining The Estate Vault China Mr. Liu was chief representative in China of the German F&T and president of Tibet Bo Long Culture and Art Ltd. He also established Beijing Shou Ling Technology Ltd., which currently has 13 branches in China.
Mr. MingWu Jiang will become the President of TEVC. Mr. Jiang has 25 years of management experience in China and 8 years' experience in Canadian business management. Mr. Jiang is currently the chairman of Canada Zhong Guo Ren Association, as well as the chairman of several companies such as Cagala International Group Inc., Daya International Media Inc., O Canada Travel Service Inc. and Travel Service (USA) Inc.
Boyd Soussana stated: "I just returned from Beijing and was overwhelmed with how the management team and our business model has developed in such a short time frame.
"Mr. Liu and Mr. Jiang will be responsible for hiring 60 managers and sub managers in China's 30 Provinces and regions over the next 120 days and then training them in all aspects of The Estate Vault. We are also beginning to localize the product for the Chinese market and will have that project finished by the time the first training session takes place, which is scheduled for September."
Soussana continued: "They have a goal of distributing 100-300 thousand Vaults in their first full year of business and the plan calls for 500 thousand Vaults after the second full year of business and 2 million Vaults by the fourth year. It will be interesting to see how the Chinese consumer takes to the localized product and even more exciting to take what we learn from the Chinese market and deploy it in other Asian jurisdictions.
"The Chinese internet population continues to grow as does the countries and China now has more internet users than any other nation with 221 million users and our product is prime for this user base."
About The Estate Vault, Inc.
The Estate Vault, Inc. was developed to overcome the daunting task of keeping financial, personal and legal documents up to date and in one place. Together with its strategic product partners The Estate Vault has wrapped up its unique service offering with a Credit Card Registry, Home Inventory Listing, Identity Theft Insurance and an online Legal Documents and Will Creator.
The Estate Vault intends to become the leader in value added products to the financial services industry by providing a product and service at a low price point and then leveraging patent pending technology known as IntelliAD and IntelliBrand to maximize brand awareness.
For additional information go to http://www.estatevault.com/
Safe Harbor Act Disclaimer
The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company's business. Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.
Contact:
Boyd Soussana
866 405 3256
The Estate Vault, Inc.
CONTACT: Boyd Soussana of The Estate Vault, Inc., 1-866-405 3256
Web site: http://www.estatevault.com/
GSI Commerce Platform Used to Launch iRobot's European Direct-to-Consumer Business; Web Stores Launched in U.K. and Germany
KING OF PRUSSIA, Pa., July 21 /PRNewswire-FirstCall/ -- GSI Commerce Inc. , a leading provider of e-commerce and multichannel solutions, announced today that iRobot is utilizing GSI's e-commerce platform to power its direct-to-consumer business in Europe through online stores in the U.K. (http://www.iroboteurope.co.uk/) and Germany (http://www.iroboteurope.de/).
"We are pleased with the full-service GSI e-commerce platform," said John Elordi, interim general manager of the Home Robots division for iRobot Corp. "GSI has been involved in iRobot's online business growth in the United States, and we expect our e-commerce partnership to continue to flourish as we look to build on new opportunities presented by our international direct-to-consumer business."
iRobot replaced its U.S. e-commerce operation with a GSI e-commerce solution in January 2006 when the Bedford, Mass.-based robotics manufacturer launched a completely re-designed U.S. e-commerce store (http://www.irobot.com/). The multiyear international agreement provides iRobot with e-commerce technology, order processing, and integration to third-party fulfillment and customer care services.
"We're proud to provide the e-commerce platform and services that meet iRobot's needs as they expanded into the direct to consumer business internationally. As international e-commerce becomes more of a strategic priority for our partners, we are committed to helping them grow and expand the reach of their direct-to-consumer businesses," said Steven Davis, executive vice president, international, and president and managing director of GSI Commerce Solutions International, S.L. "There are complexities to international e-commerce that present challenges for brands and retailers. GSI's e-commerce platform supports major European currencies, payment systems and tax collection, which helps to ease our partners' expansion into international e-commerce."
About GSI Commerce
GSI Commerce(R) (http://www.gsicommerce.com/) is a leading provider of services that enable e-commerce, multichannel retailing and interactive marketing for large, business-to-consumer (b2c) enterprises in the U.S. and internationally. We deliver customized e-commerce solutions through an e-commerce platform, which is comprised of technology, fulfillment and customer care. We offer each of the platform's components on a modular basis, or as part of an integrated, end-to-end solution. We also offer a full suite of interactive marketing services through two divisions, gsi interactive(SM) and e-Dialog Inc.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made in this release, other than statements of historical fact, are forward-looking statements. Actual results might differ materially from what is expressed or implied by these forward-looking statements. Additional information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.
Contact:
GSI Commerce, Inc.
Corporate Marketing
610.491.7474
fax: 610.265.2866
news@gsicommerce.com
GSI Commerce Inc.
CONTACT: GSI Commerce, Inc., Corporate Marketing, +1-610-491-7474, fax:
+1-610-265-2866, news@gsicommerce.com
Web site: http://www.gsicommerce.com/
http://www.irobot.com/
Towerstream CEO to Present at RBC Capital Markets and Canaccord Adams Conferences
MIDDLETOWN, R.I., July 21 /PRNewswire-FirstCall/ -- Towerstream Corporation , a leading fixed WiMAX service provider, today announced that its President and CEO, Jeff Thompson will present at two upcoming conferences: The RBC Capital Markets Technology, Media and Communications Conference and the Canaccord Adams 28th Annual Global Growth Conference. Joseph Hernon, the Company's new Chief Financial Officer, will also be participating at the conferences.
Event Details:
RBC Capital Markets Technology, Media and Communications Conference
When: August 6, 2008 at 9:00 a.m. PT
Where: The Four Seasons Hotel, San Francisco
Canaccord Adams 28th Annual Global Growth Conference
When: August 14, 2008 at 3:00 p.m. EDT
Where: The InterContinental Hotel, Boston
Investors and other interested parties may access live audio webcasts of both of these presentations by going to the Investor Relations section of Towerstream's website (http://ir.towerstream.com/events.cfm) to access the links to the live audio webcasts. A replay of each webcast will be available on this website for 30 days following the presentation.
About Towerstream Corporation
Towerstream is a leading fixed WiMAX service provider in the U.S., delivering high-speed Internet access to businesses. Founded in 2000, the Company has established networks in 9 markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay Area, Miami, Seattle, Dallas-Fort Worth, and the greater Providence area where the Company is based. The Company was the first carrier selected to join the WiMAX Forum to assist leading vendors in establishing industry compliance with international broadband wireless access standards and cross-vendor interoperability.
Safe Harbor
Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.
Towerstream Corporation
CONTACT: Media: Amanda Lordy, Amanda@dukaspr.com, or Todd Barrish,
todd@dukaspr.com, both of Dukas Public Relations, +1-212-704-7385, for
Towerstream Corporation; Investor: Terry McGovern of Vision Advisors,
+1-415-902-3001, mcgovern@visionadvisors.net, for Towerstream Corporation
Web site: http://ir.towerstream.com/events.cfm
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