Companies news of 2008-07-21 (page 4)
Gold Medal Storage: Seagate to Provide Nearly Half a Million Gigabytes of Storage for...
SAIC Announces Shared Services Center Headquarters in Oak RidgeCompany to Centralize...
Exar Adds Next Generation Single-Channel T1/E1/J1 BITS Framer and Line Interface Unit...
Exar Corporation's Fiscal 2009 First Quarter Financial Results Conference Call Scheduled
iCAD Completes Acquisition of CAD Sciences
Equifax and National Consumer Telecom & Utilities Exchange Extend Agreement Through 2015
Global Crossing Conferencing Customers 100 Percent Satisfied
RADCOM Announces Q2 2008 ResultsRevenues Up 57% YOY for Q2, 47% for the 1st Half
[video] John Higginbotham, CEO of Integral Systems, Inc. Discusses Recent Appointment and...
Malcolm Philips, CEO of CDEX Inc., Discusses Recent Expansion of ValiMed(TM) and ID2 Meth...
DATATRAK Retains Healthcare Growth Partners to Evaluate Strategic Options
Avistar Partners With CityIS to Deliver Desktop Videoconferencing SolutionsAvistar's C3...
Magal Receives an Order to Install A Municipal Command & Control System in an Asian...
T-Mobile Czech Republic Selects Amdocs CES 7.5 Enterprise Product Catalog SoftwareLargest...
Darwin Announces Privacy//403(SM): A New Solution for Data Privacy, Network Security, and...
Incentra Solutions Sets Date for Second Quarter and Six-Month Results Release and...
Insure.com: State Farm Car Insurance Claims Data Leads to Better Vehicle Design
Avistar Partners With CityIS to Deliver Desktop Videoconferencing Solutions
VimpelCom Enters the Cambodian Mobile Market
mobiclear Announces New Stock Symbol: MOBI
Autonomy Corporation Plc Announces Results for the Second Quarter and Six Months Ended...
SST Announces Release Date of Its Second Quarter 2008 Financial Results
DemandTec TradePoint Network(TM) Seals 1.5 Million DealsConnected retail and manufacturer...
Verizon Business Receives Prestigious British Standards Institution Designation for...
AT&T U-verse Arrives in South FloridaMiami-Dade, Broward and Palm Beach County Customers...
Qualcomm Appoints Executives to Lead Africa and Middle East Operations
Verizon Business Receives Prestigious British Standards Institution Designation for...
Verizon Business reçoit les honneurs du prestigieux organisme de certification British...
Gold Medal Storage: Seagate to Provide Nearly Half a Million Gigabytes of Storage for NBC's 2008 Olympic Games CoverageSeagate's Barracuda(R) ES hard drives to power Omneon's MediaGrid active storage enabling NBC's complete coverage of the Beijing Olympics
SCOTTS VALLEY, Calif., July 21 /PRNewswire-FirstCall/ -- The Seagate(R) Barracuda(R) ES Series has been selected as the hard drive of choice for the Omneon MediaDeck(TM) media servers and MediaGrid(TM) active storage systems that will enable NBC's coverage of the 2008 Beijing Olympics, to be held August 8-24. The media servers and storage systems will allow NBC to produce an unprecedented 3,600 hours of coverage during the Beijing Olympic Games -- a three-fold increase over the coverage during the 2004 Athens Olympic Games.
Picture this: A gymnast leaps onto the balance beam. By the time she makes a dismount, NBC's broadcast footage has already been stored on the Seagate Barracuda ES hard drive in Omneon's Beijing MediaGrid active storage system, traveled 6,350 miles to the New York MediaGrid active storage system, processed, and quickly transmitted as compelling coverage on television and http://www.nbcolympics.com/.
The innovative workflow begins in China with 20 MediaDeck servers, powered by the Barracuda ES hard drives, which are used to digitize and ingest HD feeds. Each MediaDeck server contains both high-resolution and low-resolution codecs to simultaneously create both full-resolution IMX or XDCAM HD files and low-resolution proxy files of all recordings. The resulting files are actively transferred, while still being recorded, to the MediaGrid active storage system. Then, using Omneon's ProCast CDN(TM) content distribution system, the proxies are transferred thousands of miles from the MediaGrid active storage system in Beijing to a second MediaGrid storage system in New York, again powered by Seagate Barracuda ES hard drives, where producers can browse, view, and edit the files.
"NBC needs to capture every second of every competition at multiple venues in China, quickly turning them into dynamic programming for television and Internet broadcasting -- nothing can fall through the cracks," said Bill Schilling, marketing director at Seagate. "We welcomed the opportunity to work with Omneon to support NBC for its Olympics coverage. Omneon is the market leader for developing storage solutions for broadcast video, which is becoming more prevalent via the Web, especially for hugely popular sporting events like the Olympics."
"Because the workflow must be seamless and the nature of the programming is so significant, we decided to use Seagate's enterprise hard drives, which are the best fit for our needs in terms of reliability, best-in-class design and unrivaled performance," said Geoff Stedman, SVP products and markets at Omneon.
Broadcast coverage of the Beijing Olympics will begin on August 8 along with coverage via the web at http://www.nbcolympics.com/
About Seagate
Seagate is the worldwide leader in the design, manufacture and marketing of hard disc drives and storage solutions, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate's business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, with the goal of being the time-to-market leader in all markets in which it participates. The company is committed to providing award-winning products, customer support and reliability to meet the world's growing demand for information storage. Seagate can be found around the globe and at http://www.seagate.com/.
About NBC Olympics
NBC, "America's Olympic Network," owns the exclusive U.S. media rights to the Olympic Games, television's most powerful property, through 2012, which includes Beijing in 2008, Vancouver in 2010 and London in 2012. From August 8-24, 2008 NBC Universal will present an unprecedented 3,600 hours of coverage, highlighted by NBC in primetime with live swimming, gymnastics and beach volleyball. In August 2004, 203 million viewers watched as the networks of NBC Universal -- NBC(R), MSNBC(R), CNBC(R), USA(R), Bravo(R), Telemundo(R), and NBC's HD affiliates -- offered a then record 1,210 hours of Olympic coverage from Athens. For additional information, go to http://nbcolympics.com/, a year-round destination for fans of Olympic sports, featuring news, Beijing previews, athlete features, expert blogs, photos, Olympic video from the NBC archives and social tools enabling users to build communities around their favorite sports, post comments and blogs.
About Omneon
Omneon, Inc. is a leading provider of scalable media server and active storage systems that optimize workflow productivity and on-air reliability for the production, distribution, and management of digital media. Omneon is a pioneer in the use of advanced IT technologies and open systems for broadcast applications, producing a modular and expandable video server architecture in the Omneon Spectrum(TM) media server system. The company's MediaGrid active storage system delivers centralized content storage that is scalable in capacity, bandwidth, and media-processing power. The company has an extensive global presence with customers in 55 countries on six continents.
Seagate, Seagate Technology and the Wave logo are registered trademarks of Seagate Technology LLC in the United States and/or other countries. Barracuda ES is either a trademark or registered trademark of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners. When referring to hard drive capacity, one gigabyte, or GB, equals one billion bytes and one terabyte, or TB, equals one trillion bytes. Your computer's operating system may use a different standard of measurement and report a lower capacity. In addition, some of the listed capacity is used for formatting and other functions, and thus will not be available for data storage. Seagate reserves the right to change, without notice, product offerings or specifications.
Seagate
CONTACT: Colleen Rodriguez, +1-831-439-2499, colleen.rodriguez@seagate.com, or Woody Monroy, +1-831-439-2838, woody.monroy@seagate.com, both of Seagate
Web site: http://www.seagate.com/
SAIC Announces Shared Services Center Headquarters in Oak RidgeCompany to Centralize Transaction-Based Functions in Single Center; Bring More Than 150 New Jobs to Oak Ridge Area
OAK RIDGE, Tenn., July 21 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it is establishing the company's headquarters for shared services in Oak Ridge, Tennessee later this year. Those moves will initially create more than 150 new jobs in the Oak Ridge area through 2009.
Transaction-based functions associated with human resources, finance and corporate purchasing will be performed in this new shared services center. These functions were previously located in SAIC's San Diego, California and McLean, Virginia offices. Oak Ridge will be the headquarters of an enterprise-wide effort to deliver quality business services to the corporation worldwide.
The shared services center (SSC) will be located in an existing SAIC facility on Laboratory Road in Oak Ridge. SAIC is renovating existing office space, relocating some of the existing workforce to another location in Oak Ridge, and purchasing new equipment.
SAIC has been a leading employer in Oak Ridge for over 30 years, providing support to a range of clients including the Department of Energy and numerous commercial clients. With the new positions at the SSC, SAIC will employ nearly 900 individuals in the Oak Ridge area by the end of the year.
Leo Hazlewood, a senior executive with extensive experience managing line and support functions at SAIC, will lead the SSC. Hazlewood said, "We were drawn to the Oak Ridge area because of its stable work force, modern telecommunications infrastructure, favorable business environment and attractive quality of life. We've developed a great deal of respect for the business and social environment by virtue of our presence in the area for the past 30 years."
Recruiting for positions at the SSC will begin in the fall and interested candidates can visit http://www.saic.com/career for more information.
About SAIC
SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions(R)
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2008, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Contact: Laura Luke, McLean Melissa Koskovich, McLean
(703) 676-6533 (703) 676-6762
laura.luke@saic.com Melissa.l.koskovich@saic.com
SAIC
CONTACT: Laura Luke, +1-703-676-6533, laura.luke@saic.com, or Melissa Koskovich, +1-703-676-6762, Melissa.l.koskovich@saic.com, both of SAIC
Web site: http://www.saic.com/
Exar Adds Next Generation Single-Channel T1/E1/J1 BITS Framer and Line Interface Unit (LIU) Combo to Industry's Most Extensive T/E PortfolioLow Voltage (1.8V), Highly Integrated, Feature Rich Solution Reduces Design Complexity for OEMs in Dynamic Markets
FREMONT, Calif., July 21 /PRNewswire-FirstCall/ -- Exar Corporation adds T1/E1/J1 framer and LIU combination with next generation capabilities and features to the industry's deepest portfolio of T/E solutions. The single-channel XRT86VL30 targets telecommunications equipment including wireless base stations, digital access and cross connect systems, Channel Service Units (CSUs), voice over packet gateways, among others.
"Synchronizing Ethernet has become a design challenge to compensate for jitter while packetizing clock information and due to high costs of implementing GPS," said Darren Pool, senior product line manager, Communications Product Line. "The XRT86VL30 BITS device offers cost effective clock synchronization through an E1 line that can be easily migrated to next generation 3.5G networks."
Product Details
The XRT86VL30 is a single-channel physical-layer processor incorporating a T1/E1 (1.544 Mb/s or 2.048 Mb/s) framer and a LIU. Each framer has both a framing synchronizer and transmit and receive slip buffers. Each framer also contains transmit and overhead data input ports, which permits data line terminal equipment direct access to the out-bound T1/E1/J1 frames. In the receive direction, it has complementary blocks to the transmit path. In addition, the XRT86VL30 includes a PRBS, QRSS and network loop up/down code generator/detector. The device detects standard framing and signal error conditions. The microprocessor interface is very flexible allowing for easy configuration, control, and status monitoring.
The XRT86VL30's line interface portion offers uninterrupted data transmission which is critical for applications including clock and data recovery circuitry, T1 compliant line build out, and a crystalless jitter attenuator for each channel. All of these are necessary for successfully transmitting and receiving T1, E1 and J1 signals.
"Customers who have come to trust the reliable performance and ease-of- design with our earlier eight-channel, four-channel, and dual-channel T1/E1/J1 framer/LIUs sought a single-channel next generation option for their platforms," said Tim Halladay, applications manager, Communications Product Line. "With simultaneous loop code detection for diagnostics, Exar's R3 Technology (TM) (Reconfigurable, Relayless Redundancy), simultaneous processing of up to three HDLC messages, BITS Clock Compliance with Section 13 in G.703, and a fully automated SSM BOC controller, the XRT86VL30 is ideal for operations and management applications where this high level of performance has become an industry standard."
R3 Technology Overview
The XRT86VL30 supports Exar's R3 Technology -- introduced in 2002. Devices using R3 Technology are reconfigurable with integrated termination supporting all common T1/E1/J1 line impedances enabling customers to build a simple board and eliminate the need for external relays for 1:1 and 1+1 redundancy applications. This feature allows final device configuration to be made just prior to line-card installation. This unique capability prevents customers from having to unnecessarily stockpile an inventory of all configurations to accommodate changing market conditions.
Standards Compliance
The device, The XRT86VL30 fully meets all of the latest T1/E1/J1 specifications: ANSI T1/E1.107-1988, ANSI T1/E1.403-1995, ANSI T1/E1.231-1993, ANSI T1/E1.408-1990, AT&T TR 62411 (12-90) TR54016, and ITU G-703, G.704, G706 and G.733, AT&T Pub.43801, and ETS 300 011, 300 233, JT G.703, JTG.704, JT G706, I.431. Extensive test and diagnostic functions include Loop-backs, Boundary scan, Pseudo Random bit sequence (PRBS) test pattern generation, Performance Monitor, Bit Error Rate (BER) meter, forced error insertion, and LAPD unchannelized data payload processing according to ITU-T standard Q.921.
Prices, Packages and Availability
Samples of the XRT86VL30 are available now in a 128-pin LQFP, or 80-pin LQFP package. At 1k volumes the XRT86VL30 is $10.11, and it is a 3.3V, 5V input tolerant device. For additional information on this device please go to http://www.exar.com/Common/Content/ProductDetails.aspx?ID=8118&ParentID=3. For additional information about Exar's T/E and SONET/SDH portfolio go to http://www.exar.com/Common/Content/Product.aspx?Parent=3&ID=456.
About Exar
Exar Corporation is Powering Connectivity by delivering highly differentiated silicon solutions empowering products to connect. With distinctive knowledge in analog and digital technologies, Exar enables a wide array of applications such as portable devices, home media gateways, communications systems, and industrial automation equipment. Exar has locations worldwide providing real-time system-level support to drive rapid product innovation. For more information about Exar visit: http://www.exar.com/.
Exar Corporation
CONTACT: Greg Kaufman, Marketing Communications of Exar Corporation, +1-510-668-7000
Web site: http://www.exar.com/
Exar Corporation's Fiscal 2009 First Quarter Financial Results Conference Call Scheduled
FREMONT, Calif., July 21 /PRNewswire-FirstCall/ -- Exar Corporation will hold its fiscal 2009 first quarter financial results conference call on July 31, 2008 at 1:30 p.m. PDT/4:30 EDT. Exar will release its fiscal 2009 first quarter financial results following the market close on July 31, 2008. To access the conference call, please dial 800-230-1085 after 1:20 p.m. PDT/4:20 p.m. EDT. In addition, a live webcast will be available on Exar's Investors' Homepage at: http://www.exar.com/. A replay of the conference call will be available starting at 5:00 p.m. PDT/8:00 p.m. EDT the day of the call until 11:59 p.m. PDT on August 7, 2008/2:59 a.m. EDT on August 8, 2008. To access the replay, please dial 800-475-6701 and use conference ID number 953898.
About Exar
Exar Corporation is Powering Connectivity by delivering highly differentiated silicon solutions empowering products to connect. With distinctive knowledge in analog and digital technologies, Exar enables a wide array of applications such as portable devices, home media gateways, communications systems, and industrial automation equipment. Exar has locations worldwide providing real-time system-level support to drive rapid product innovation. For more information about Exar visit: http://www.exar.com/.
Exar Corporation
CONTACT: Greg Kaufman, Marketing Communications of Exar Corporation, +1-510-668-7121
Web site: http://www.exar.com/
iCAD Completes Acquisition of CAD Sciences
NASHUA, N.H., July 21 /PRNewswire-FirstCall/ -- iCAD, Inc. , an industry-leading provider of Computer-Aided Detection (CAD) solutions, today announced the completion of its previously announced agreement to purchase the principal assets of CAD Sciences, a privately-held medical technology company based in White Plains, NY. The purchase price was $5 million, comprised of $2 million in cash and 1,086,957 shares of iCAD common stock. The number of shares issued was calculated using the average closing price for the 10 consecutive trading days immediately preceding the closing.
"iCAD's acquisition of CAD Sciences broadens our leadership position beyond mammography CAD and provides a comprehensive portfolio of advanced image analysis and workflow solutions for the early detection of the most prevalent cancers. Magnetic Resonance Imaging (MRI) and Computed Tomography (CT) are demonstrating significant advances in the imaging sector and this acquisition now extends our reach in the imaging modalities of CT and MRI, in addition to our expertise in film-based, digital radiography and computed radiography," commented Ken Ferry, President and CEO of iCAD.
"Our integration of this leading CAD technology for breast and prostate MRI should provide significant synergy regarding customer call points for our sales team, and we expect physician adoption to be accelerated by iCAD's strong market position in mammography CAD," he added.
About iCAD, Inc.
iCAD, Inc. is an industry-leading provider of Computer-Aided Detection (CAD) solutions that enable healthcare professionals to better serve patients by identifying pathologies and pinpointing cancer earlier. iCAD offers a comprehensive range of high-performance, upgradeable CAD systems for the high, mid and low volume mammography markets. iCAD is entrusted with the task of early cancer detection by more than 2,200 women's healthcare centers worldwide. For more information, call +1 877 iCADnow or visit http://www.icadmed.com/.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained in this News Release constitute "forward- looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the risks of uncertainty of patent protection, the impact of supply and manufacturing constraints or difficulties, product market acceptance, possible technological obsolescence, increased competition, customer concentration and other risks detailed in the Company's filings with the Securities and Exchange Commission. The words "believe", "demonstrate", "intend", "expect", "estimate", "anticipate", "likely", and similar expressions identify forward- looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. The Company is under no obligation to provide any updates to any information contained in this release.
For iCAD, contact Darlene Deptula-Hicks at 603-882-5200 x7944, or via email at ddeptula@icadmed.com
For Investor Relations, contact Anne Marie Fields of Lippert/Heilshorn & Associates at 212-838-3777 x6604 or via email at afields@lhai.com
For Public Relations, contact Jill Testagrossa of Schwartz Communications at 781-684-0770 or via e-mail at icad@schwartz-pr.com
iCAD, Inc.
CONTACT: Darlene Deptula-Hicks of iCAD, Inc., +1-603-882-5200 x7944, ddeptula@icadmed.com; or Investor Relations, Anne Marie Fields of Lippert/Heilshorn & Associates, +1-212-838-3777 x6604, afields@lhai.com; or Public Relations, Jill Testagrossa of Schwartz Communications, +1-781-684-0770, icad@schwartz-pr.com
Web site: http://www.icadmed.com/
Equifax and National Consumer Telecom & Utilities Exchange Extend Agreement Through 2015
ATLANTA, July 21 /PRNewswire-FirstCall/ -- Equifax Inc. and The National Consumer Telecom & Utilities Exchange, Inc. (NCTUE) announced today that the NCTUE has extended Equifax's exclusive contract to manage its database until June 10, 2015. Through this relationship, telecommunications, cable and utility companies gain access to consumer payment performance data to identify higher-risk accounts and reduce write-offs, even when traditional credit risk data on consumers is unavailable.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO )
"Our members rely on the NCTUE to provide them with data and analytics to support their risk management processes and capture emerging opportunities with today's underbanked market," said Nasser Akari, president of the NCTUE Board. "Our continued relationship represents a significant step toward addressing our membership's needs and we look forward to working with Equifax to deliver a unique 'win-win' solution for the industry."
A member-owned database housed and managed by Equifax, the NCTUE includes consumer default account and contact information from companies that provide cable, electricity/power, phone, gas, water and Internet services. From new account openings to pre-collections activity, the NCTUE leverages its extensive database to help members manage risk across the entire customer lifecycle. The database searches for matches between new residential service applicant information and data from NCTUE members on unpaid, closed or fraudulent accounts.
Enhancements to the exchange database will now capture payment history similar to what happens today in Equifax's consumer reporting file, making it the logical alternative for those members not comfortable with full file reporting. This represents a significant step forward to capturing widespread payment performance data on the unbanked and underbanked market.
"Unique data sources and advanced analytics are a powerful combination for businesses in the telecommunications, cable and utility industries looking for better ways to manage risk and expand their customer reach," said Dann Adams, president, US Consumer Information Solutions, Equifax. "Through our relationship with the NCTUE, Equifax is bringing this combination of data, matching technology and analytics to help these businesses maximize their customer relationships."
In addition to unique data sources, NCTUE members also can take advantage of other benefits including scoring and analytics to assess deposits and identify higher-risk consumer applicants.
Equifax, a leading developer and manager of industry-based exchanges, helped create the NCTUE database in 1997, when the organization was first founded. Today, the NCTUE is a 30 million+ record database.
About NCTUE
The National Consumer Telecom & Utilities Exchange, Inc. (NCTUE) is a member-owned database housed and managed by Equifax. Membership is available to the nation's leading telecommunication and utility companies.
NCTUE exchanges information on new connects and defaulted and/or fraudulent accounts among members. It provides access to current contact information on defaulted consumers and customized treatment and collection strategies for new applicants and existing customers who have unpaid final bills. In addition, information is available to assist in determining objective methodology for assessing deposits and identification of higher-risk consumer applicants.
About Equifax (http://www.equifax.com/)
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses -- large and small -- rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. We empower individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. employs approximately 7,000 people in 14 countries through North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500(R) Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060224/CLF037LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Equifax Inc.
CONTACT: Jennifer Costello of Equifax Inc., +1-404-885-8907, jennifer.costello@equifax.com
Web site: http://www.equifax.com/
Global Crossing Conferencing Customers 100 Percent Satisfied
FLORHAM PARK, N.J., July 21 /PRNewswire-FirstCall/ -- Global Crossing , a leading global IP solutions provider, today announced that in a recent independent survey, 100 percent of their customers said they were satisfied overall with Global Crossing's collaboration (conferencing) services. During the first half of 2008, usage of Global Crossing's Collaboration Services jumped 20 percent compared to the prior year.
KS&R, a global market research and consulting services firm retained by Global Crossing, conducted a survey with a broad cross-section of the company's collaboration customers during the first half of 2008. In addition to complete satisfaction, 96 percent of customers surveyed were "very satisfied" with Global Crossing's overall deployment of collaboration services to their end users, while 85 percent of customers said they were "very likely" to recommend Global Crossing to others. Global Crossing also received high marks for the ease-of-use of its products and its stellar account team support.
"The latest survey results reflect our commitment to providing a superior customer experience and high level of account support that differentiates us from our competitors," said Dan Wagner, executive vice president enterprise sales and collaboration services. "Now, especially as use of Global Crossing's collaboration services around the world continues to accelerate, our award-winning collaboration services take the element of geography out of the business equation and allow companies to improve productivity, while reducing their travel costs and carbon footprints."
According to Wainhouse Research, an independent market research firm, conferencing and collaboration products and services are resonating with both large and small companies.
"Collaboration services like Global Crossing's are helping companies cut long distance travel, implement telework programs, and interface with partners and customers in a more efficient and ecologically friendly way," said Marc Beattie, conferencing service provider practice manager and partner with Wainhouse Research.
Global Crossing offers enterprises worldwide a full suite of converged audio, video and Web-based IP collaboration services to maximize time, resources and productivity anytime, virtually anywhere. Global Crossing's audio conferencing services include Ready-Access, Global "800" Service, VoIP Ready-Access, Event Call, Event Express Call and Automated Event Call. Customers around the world are able to connect to Global Crossing's audio collaboration platform using a consistent worldwide dial plan. Web conferencing services include Ready-Access Web Meeting, Global Crossing eMeeting powered by WebEx and Global Crossing Live Meeting powered by Microsoft. The company's simple-to-use videoconferencing services include iVideoconferencing, IP Video, and Video Endpoint Management Service, supporting both ISDN and IP-based end points.
ABOUT GLOBAL CROSSING
Global Crossing provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects approximately 390 cities in more than 30 countries worldwide, and delivers services to approximately 690 cities in more than 60 countries and 6 continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide.
Global Crossing IP services are global in scale, linking the world's enterprises, governments and carriers with customers, employees and partners worldwide in a secure environment that is ideally suited for IP-based business applications, allowing e-commerce to thrive. The company offers a full range of data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Its Professional Services and Managed Solutions provide VoIP, security and network consulting and management services to support its Global Crossing IP VPN service and Global Crossing VoIP services. Global Crossing was the first global communications provider with IPv6 natively deployed in both its private and public backbone networks.
Please visit http://www.globalcrossing.com/ or blogs.globalcrossing.com/ for more information about Global Crossing.
Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Tom Topalian
+ 1 973 937 0154
Thomas.Topalian@globalcrossing.com
Fernanda Marques
Latin America
+ 55 11 3957 2042
Fernanda.Marques@globalcrossing.com
Analysts/Investors Contact
Suzanne Lipton
+ 1 800 836 0342
glbc@globalcrossing.com
GEN/PR1
Global Crossing
CONTACT: Press Contacts - Tom Topalian, +1-973-937-0154, Thomas.Topalian@globalcrossing.com, or Fernanda Marques (Latin America), +55-11-3957-2042, Fernanda.Marques@globalcrossing.com, or Analysts or Investors Contact - Suzanne Lipton, +1-800-836-0342, glbc@globalcrossing.com all of Global Crossing
Web site: http://www.globalcrossing.com/
RADCOM Announces Q2 2008 ResultsRevenues Up 57% YOY for Q2, 47% for the 1st Half
TEL-AVIV, Israel, July 21 /PRNewswire-FirstCall/ -- RADCOM Ltd. (RADCOM) (NASDAQ and TASE:RDCM) today announced its unaudited financial results for the second quarter and six months ended June 30, 2008.
Financial Results for the Second Quarter
Revenues for the second quarter of 2008 were $3.7 million, a 57% increase compared with $2.4 million for the second quarter of 2007. On the basis of U.S. generally accepted accounting principles (GAAP), the period's net loss was $(1.8) million, or $(0.37) per ordinary share (basic and diluted), including non-cash share-based compensation expense of $145,000 taken in respect of Statement of Financial Accounting Standards No. 123 (revised 2004), "Share-Based Payment" ("SFAS 123R"). This compares to a net loss for the second quarter of 2007 of $(3.5) million, or $(0.85) per ordinary share (basic and diluted), which included non-cash share-based compensation expense of $138,000.
The Company is also presenting its results on a non-GAAP basis excluding share-based compensation in order to provide investors with insight into its underlying operating results. On a non-GAAP basis, RADCOM's net loss for the second quarter of 2008 was $(1.7) million, or $(0.34) per ordinary share (basic and diluted). This compares to a net loss of $(3.3) million, or $(0.81) per ordinary share (basic and diluted), for the second quarter of 2007.
During the quarter, the Company secured a $2.5 million venture loan. This sum is reflected in the Company's Balance Sheet as of June 30, 2008 in Venture Loan and Shareholders' Equity.
Financial Results for the First Half
Revenues for the first six months of 2008 were $8.2 million, an increase of 47% compared to $5.6 million recorded in the first half of 2007. On the basis of U.S. generally accepted accounted principles (GAAP), the Company's net loss for the period was $(2.7) million, or $(0.55) per ordinary share (basic and diluted), including non-cash share-based payment of $302,000. This compares with a net loss of $ (6.3) million, or $(1.54) per ordinary share (basic and diluted), for the first half of 2007, which included non-cash share-based compensation expense of $264,000.
The Company has also presented its results on a non-GAAP basis excluding share-based compensation to provide investors and management with insight into RADCOM's underlying operating results. On such non-GAAP basis, RADCOM's net loss for the first six months of 2008 was $(2.4) million, or $(0.49) per ordinary share (basic and diluted), compared with $(6.0) million, or $(1.47) per ordinary share (basic and diluted), for the first six months of 2007.
Comments of Management
Commenting on the results, Mr. David Ripstein, RADCOM's President and CEO, said, "We are pleased to have delivered significant year-over-year revenue growth again this quarter, giving us a 47% increase for the first half of the year compared with the first half of 2007. However, these revenues were below our expectations due to sales cycle delays that have accompanied the slowdown of European and North American communications markets. Nonetheless, we have experienced a surge in interest and sales in our target emerging markets - particularly in Latin America and the Far East - that has boosted our sales pipeline significantly, both in the number and size of new opportunities. Further, we believe that our target IMS markets will continue to grow, acting as an engine that will drive our business to the next stage over the next few years."
Mr. Ripstein continued, "From a financial point of view, during the quarter we completed a $2.5 million venture loan and a 4-for-1 stock split, activities that have buttressed our balance sheet and assured our continued access to public markets."
Mr. Ripstein concluded, "The combination of our strengthened sales pipeline, the many new opportunities emerging and our stronger balance sheet enables us to reiterate our expectation that 2008 will be stronger than 2007."
Conference Call Information
RADCOM's management will hold an interactive conference call today, July 21st, 2008, at 9:00 AM EDT (16:00 Israel Time) to discuss the results and to answer investor and analyst questions. To participate, please call one of the following numbers approximately five minutes before the call is scheduled to begin:
- From the US (toll free): 866-345-5855
- From Israel (toll free): 1-800-227-297
- From other locations (not toll free): +972-3-918-0609
A replay of the call will be available after the call on July
21st until midnight July 28th. To access the replay, please call one of
the following numbers:
- From the US (toll free): 877-332-1104
- From Israel (not toll free): 03-925-5945
- From other locations (not toll free): +972-3-925-5945
The conference call will also be accessable online at http://www.radcom.com/.
Non-GAAP Information
Certain non-GAAP financial measures are included in this press release. These non-GAAP financial measures are provided to enhance the user's overall understanding of our financial performance. By excluding non-cash equity based compensation that has been expensed in accordance with SFAS 123R, our non-GAAP results provide information to both management and investors that is useful in assessing RADCOM's core operating performance and in evaluating and comparing our results of operations on a consistent basis from period to period. These non-GAAP financial measures are also used by management to evaluate financial results and to plan and forecast future periods. The presentation of this additional information is not meant to be considered a substitute for the corresponding financial measures prepared in accordance with generally accepted accounting principles.
About RADCOM
RADCOM develops, manufactures, markets and supports innovative network test and service monitoring solutions for communications service providers and equipment vendors. The Company specializes in next-generation Cellular as well as IMS, Voice, Data and VoIP networks. Its solutions are used in the development and installation of network equipment and in the maintenance of operational networks. The Company's products facilitate fault management, network service performance monitoring and analysis, troubleshooting and pre-mediation. RADCOM's shares are listed on both the NASDAQ Capital Market and the Tel Aviv Stock Exchange under the symbol RDCM. For more information, please visit http://www.radcom.com/.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use the words "estimate," "project," "intend," "expect," "'believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in the demand for the Company's products, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the United States Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.
RADCOM Ltd.
Consolidated Statements of Operations
(1000's of U.S. dollars, except per share data)
Three months Six months
ended June 30, ended June 30,
2008(a) 2007(b) 2008(c) 2007(d)
(unaudited) (unaudited) (unaudited) (unaudited)
Sales $ 3,728 $ 2,374 $ 8,246 $ 5,607
Cost of sales 1,694 1,320 3,243 2,778
Gross profit 2,034 1,054 5,003 2,829
Research and
development, gross 1,834 1,905 3,647 3,828
Less - royalty-bearing
participation 571 452 1,113 902
Research and
development, net 1,263 1,453 2,534 2,926
Sales and marketing 1,908 2,477 3,951 5,129
General and
administrative 628 652 1,247 1,228
Total operating
expenses 3,799 4,582 7,732 9,283
Operating loss (1,765) (3,528) (2,729) (6,454)
Financing income
(loss), net (69) 64 40 183
Net loss (1,834) (3,464) (2,689) (6,271)
Basic net loss per
ordinary share $ (0.37) $ (0.85) $ (0.55) $ (1.54)
Diluted net loss per
ordinary share $ (0.37) $ (0.85) $ (0.55) $ (1.54)
Weighted average number
of ordinary shares
used in computing basic
net loss per ordinary
share 5,019,696 4,088,293 4,884,336 4,078,946
Weighted average
number of ordinary
shares used in
computing diluted net
loss per ordinary
share 5,019,696 4,088,293 4,884,336 4,078,946
Note a: The Company's results for the second quarter of 2008 according to U.S. GAAP include non-cash share-based compensation expense of $145,000 allocated as follows: $6,000 to cost of sales, $30,000 to research and development, $44,000 to sales and marketing and $65,000 to general and administrative.
Note b: The Company's results for the second quarter of 2007 according to U.S. GAAP include non-cash share-based compensation expense of $138,000 allocated as follows: $4,000 to cost of sales, $25,000 to research and development, $45,000 to sales and marketing and $64,000 to general and administrative.
Note c: The Company's results for the first half of 2008 according to U.S. GAAP include non-cash share-based compensation expense of $302,000 allocated as follows: $12,000 to cost of sales, $59,000 to research and development, $92,000 to sales and marketing and $139,000 to general and administrative.
Note d: The Company's results for the first half of 2007 according to U.S. GAAP include non-cash share-based compensation expense of $264,000 allocated as follows: $6,000 to cost of sales, $45,000 to research and development, $93,000 to sales and marketing and $120,000 to general and administrative.
RADCOM Ltd.
Consolidated Balance Sheets
(1000's of U.S. dollars)
As of As of
June 30, December 31,
2008 2007
(unaudited) (unaudited)
Current Assets
Cash and cash equivalents 5,653 3,763
Trade receivables, net 8,004 6,589
Inventories 2,418 3,454
Other current assets 1,226 1,150
Total Current Assets 17,301 14,956
Assets held for severance benefits 2,778 2,480
Property and equipment, net 1,189 1,460
Total Assets 21,268 18,896
Liabilities and Shareholders' Equity
Current Liabilities
Trade payables 1,272 1,392
Current deferred revenue 1,362 1,593
Current maturities of long-term venture
loan 16 -
Other payables and accrued expenses 4,437 4,668
Total Current Liabilities 7,087 7,653
Long-Term Liabilities
Long-term deferred revenue 459 425
Venture loan Less - current maturities 2,218 -
Liability for employees' severance pay
benefits 3,597 3,240
Total Long-Term Liabilities 6,247 3,665
Total Liabilities 13,361 11,318
Shareholders' Equity
Share capital 176 122
Additional paid-in capital 51,292 48,328
Accumulated deficit (43,561) (40,872)
Total Shareholders' Equity 7,907 7,578
Total Liabilities and Shareholders'
Equity 21,268 18,896
Contact:
Jonathan Burgin
CFO
+972-3-645-5004
jonathanb@radcom.com
Radcom Ltd
CONTACT: Contact: Jonathan Burgin, CFO, +972-3-645-5004, jonathanb@radcom.com
[video] John Higginbotham, CEO of Integral Systems, Inc. Discusses Recent Appointment and Growth Strategy in Exclusive Interview on WallSt.net's 3-Minute Press Show
NEW YORK, July 21 /PRNewswire-FirstCall/ -- Integral Systems, Inc. , a leading provider of satellite ground systems, today announced that the company's CEO, John B. Higginbotham was featured in an exclusive interview on WallSt.net's 3-Minute Press Show.
The interview gives viewers an overview of the company, and the significance of the company's latest press release.
To view the clip in its entirety, visit:
http://www.tv.wallst.net/r/3-minute-press/isysnewpointtech/167/739
About WallStreet Direct, Inc.
WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/) an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video content. We have received five hundred sixty dollars from Integral Systems, Inc. for press release dissemination services. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.
About Integral Systems, Inc.
Founded in 1982, Integral Systems is a leading provider of satellite ground systems and has supported more than 205 different satellite missions for communications, science, meteorological, and earth resource applications. Integral Systems was the first company to offer an integrated suite of Commercial-Off-the-Shelf (COTS) software products for satellite command and control: the EPOCH Integrated Product Suite (IPS) product line. EPOCH IPS has become the world market leader in commercial applications with successful installations on five continents.
Contact: WallStreet Direct, Inc.
800-4-WALLST
WallStreet Direct, Inc.; Integral Systems, Inc.
CONTACT: WallStreet Direct, Inc., 1-800-4-WALLST
Web site: http://www.wallst.net/ http://radio.wallst.net/ http://tv.wallst.net/
Malcolm Philips, CEO of CDEX Inc., Discusses Recent Expansion of ValiMed(TM) and ID2 Meth Scanner(TM) Markets in an Exclusive Interview on WallSt.net's 3-Minute Press Show
NEW YORK and TUCSON, Ariz., July 21 /PRNewswire-FirstCall/ -- CDEX Inc. (BULLETIN BOARD: CEXI) , a technology development company, currently manufacturing and globally distributing advanced chemical detection products, based on its patented Enhanced Photoemission Spectroscopy technology, today announced that Malcolm Philips, the company's President and CEO, is featured in an exclusive interview on WallSt.net's 3-Minute Press Show to discuss recent press releases related to its two product lines, ValiMed(TM) and the ID2 Meth Scanner(TM).
To view the clip in its entirety, visit:
http://www.tv.wallst.net/r/3-minute-press/malcolm-philips cexi/167/741
About CDEX Inc.
CDEX is a technology development company, currently manufacturing and globally distributing advanced chemical detection products, based on its patented Enhanced Photoemission Spectroscopy technology. With this technology, the company is providing unique solutions to the challenges of identifying substances in difficult to monitor environments. CDEX technology is being adapted to market needs for medication validation, hazardous chemicals detection, and brand protection through analysis of counterfeit substances. Currently, CDEX is organized to serve the two critical markets encompassing our existing product lines -- Medication Safety and Security. The Valimed(TM) System product line is providing life-saving validation of high-risk medications and return narcotics in healthcare facilities and pharmacies. The ID2 Meth Scanner(TM) product line is a revolutionary new tool in the global battle against the growing scourge of methamphetamine abuse and its toxic impact on the general public. Corporate headquarters and R&D facilities are located in Tucson, Arizona with an international office in Paris, France. For more information, visit http://www.cdexinc.com/ and http://www.valimed.com/ or contact Steve Schmidt, VP Corporate Communications, (sschmidt@cdex-inc.com) at (520) 745-5172 x212
About WallStreet Direct, Inc.
WallStreet Direct, Inc. operates WallSt.net (http://www.wallst.net/), a leading source of up-to-the-minute business news, comprehensive financial tools and original multimedia content for the investment community. In addition to WallSt.net, WallStreet Direct owns and operates WallStRadio (http://radio.wallst.net/), an online hub for business podcasts from well-known business news personalities and publishers, and WallStTV (http://tv.wallst.net/), a hub for business and finance video content. We have received two hundred eighty dollars from CDEX Inc. for the dissemination of this press release. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php.
Contact:
WallStreet Direct, Inc.
800-4-WALLST
WallStreet Direct, Inc.; CDEX, Inc.
CONTACT: WallStreet Direct, Inc., 1-800-4-WALLST
Web site: http://www.wallst.net/ http://www.cdexinc.com/
DATATRAK Retains Healthcare Growth Partners to Evaluate Strategic Options
CLEVELAND, July 21 /PRNewswire-FirstCall/ -- DATATRAK International, Inc. , a technology and services company focused on global eClinical solutions for the clinical trials industry, today announced it has retained Healthcare Growth Partners, LLC (HGP) as a strategic and financial advisor to assist the Board of Directors in evaluating a variety of potential opportunities directed at maximizing shareholder value. These potential opportunities may include, but are not limited to, a sale, merger or other business combination of the Company; strategic partnerships or alliances; or the raising of additional capital, should the Company determine it is in the best interest of its shareholders to continue as a stand alone entity. HGP focuses exclusively on healthcare technology and related service-based organizations, providing strategic, operational and transaction advisory services to small and mid-sized healthcare companies. Additional information on HGP can be found on their web site at http://www.healthcaregrowth.com/ .
"Over the past year we have focused on stabilizing our business through the optimization of our expense levels and staffing, while simultaneously continuing to advance our technology platform as we position our Company to capitalize on the advantages of our unique single user interface and database architecture," stated Dr. Jeffrey A. Green, Chief Executive Officer of DATATRAK International, Inc. "We believe the maturation of this industry towards a single platform approach will eventually be realized because this creates optimum efficiencies for clinical trial sponsors and contract research organizations."
Green continued, "While efforts are ongoing to maximize operational efficiencies, we believe it is appropriate to take additional steps at this time to evaluate a variety of possible strategic options with the primary objective of enhancing shareholder value. In particular, HGP will help us investigate and determine the value large healthcare technology or other clinical trials-related companies might see in DATATRAK to leverage our presence, experience, and products in this market. We will make every effort to complete this review as timely as possible and will focus on executing our current business plan while simultaneously working closely with HGP. DATATRAK intends to disclose developments regarding the exploration of strategic options only if and when the Board of Directors has approved a specific course of action. There is no assurance that this process will result in any specific transaction or in any changes to the Company's current direction."
About DATATRAK International
DATATRAK International, Inc. is a worldwide technology company focused on the provision of multi-component eClinical solutions and related services for the clinical trials industry. The Company delivers a complete portfolio of software products that were created in order to accelerate clinical research data from investigative sites to clinical trial sponsors and ultimately the FDA, faster and more efficiently than manual methods or loosely integrated technologies. The DATATRAK eClinical(TM) software suite can be deployed worldwide through an ASP offering or in a licensed Enterprise Transfer ASP model that fully empowers clients to design, set up and manage their clinical trials independently. The DATATRAK software suite and its earlier versions have successfully supported hundreds of international clinical trials involving thousands of clinical research sites and encompassing tens of thousands of patients in 59 countries. DATATRAK International, Inc.'s product suite has been utilized in some aspect of the clinical development of 16 separate drugs and one medical device that have received regulatory approval from either the United States Food and Drug Administration or counterpart European bodies. DATATRAK International, Inc. has offices located in Cleveland, Ohio and Bryan, Texas. Its common stock is listed on the NASDAQ Stock Market under the ticker symbol "DATA". Visit the DATATRAK International, Inc. web site at http://www.datatrak.net/ .
Except for the historical information contained in this press release, the statements made in this release are forward-looking statements. These forward- looking statements are made based on management's expectations, assumptions, estimates and current beliefs concerning the operations, future results and prospects of the Company and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond the control of the Company. Factors that may cause actual results to differ materially from those in the forward-looking statements include the limited operating history on which the Company's performance can be evaluated; the ability of the Company to continue to enhance its software products to meet customer and market needs; fluctuations in the Company's quarterly results; the viability of the Company's business strategy and its early stage of development; the timing of clinical trial sponsor decisions to conduct new clinical trials or cancel or delay ongoing trials; the Company's dependence on major customers; government regulation associated with clinical trials and the approval of new drugs; the ability of the Company to compete in the emerging EDC market; losses that potentially could be incurred from breaches of contracts or loss of customer data; the inability to protect intellectual property rights or the infringement upon other's intellectual property rights; the Company's success in integrating its acquisition's operations into its own operations and the costs associated with maintaining and/or developing two product suites; and general economic conditions such as the rate of employment, inflation, interest rates and the condition of capital markets. This list of factors is not all-inclusive. In addition, the Company's success depends on the outcome of various strategic initiatives it has undertaken, all of which are based on assumptions made by the Company concerning trends in the clinical research market and the health care industry. The Company undertakes no obligation to update publicly or revise any forward-looking statement whether as a result of new information, future events or otherwise.
DATATRAK International, Inc.
CONTACT: Jeffrey A. Green, Pharm.D., FCP, Chief Executive Officer, +1-440-443-0082 x112, or Ray Merk, Chief Financial Officer, +1-440-443-0082 x181, both of DATATRAK International, Inc.; or Neal Feagans, Investor Relations of Feagans Consulting, Inc, +1-303-449-1184, for DATATRAK; or Jonathan Phillips, Managing Director, +1-312-276-5180, or Jason Baker, Managing Director, +1-312-276-5180, both of Healthcare Growth Partners, LLC
Web site: http://www.datatrak.net/ http://www.healthcaregrowth.com/
Avistar Partners With CityIS to Deliver Desktop Videoconferencing SolutionsAvistar's C3 Technology's User-Friendliness and Cost-Effectiveness Essential to Addressing Client Needs in Challenging Global MarketsExpansion of Reseller Channel Key Component of Company's Strategy
LONDON and SAN MATEO, Calif., July 21 /PRNewswire-FirstCall/ -- Avistar Communications Corporation , a leading provider of unified visual communications solutions, has signed a strategic partnership agreement with City Information Services Limited (CityIS Ltd.), a global visual communications company. The agreement offers CityIS' clients a cost-effective, user-friendly and proven desktop videoconferencing solution that is built to easily interoperate with room solutions and extend video to the desktop, office, home or on the road.
In making the announcement, Darren Innes, General Manager, Worldwide Sales, Avistar, said, "CityIS is a significant player in our strategy to deliver our C3 solutions through the reseller channel. CityIS has more than a decade of specialized experience in the videoconferencing space, and knows first-hand what its clients need to remain competitive in today's challenging global marketplace. With offices around the world servicing global clients, CityIS offers a breadth and depth of channel coverage that will be instrumental in our goal of making Avistar desktop videoconferencing as ubiquitous as large room implementations."
John N. Thompson, Founder and Chairman of CityIS, said, "More and more, our clients see the value of videoconferencing as a means to boost workplace efficiency, optimize supply chain operations, accelerate decision-making and reduce carbon emissions. This agreement allows us to complement our extensive videoconferencing offerings with an easy-to-use, intuitive desktop solution that maximizes the productivity of users and does not disrupt the workflow they have underway at their desks."
Ira Weinstein, Senior Analyst and Partner, Wainhouse Research, said, "Today's challenging economic climate has spawned increased interest in both group and desktop/personal videoconferencing. CityIS' experience selling and supporting professional videoconferencing solutions makes them well suited to offer Avistar's C3 integrated desktop conferencing solution to its roster of enterprise clients."
About CityIS Ltd.
CityIS is a global visual communications company, assisting many Fortune 500 organizations realize their ROI and environmental goals through video communications. Its technical and commercial consultancy capabilities ensure that clients optimize videoconferencing to transform the way they communicate. CityIS underpins its consultation process with an unrivalled breadth of global services to ensure total project ownership through the delivery, management and measurement stages, to guarantee a fully managed and successful project lifecycle. CityIS' unrivalled global coverage spans 92 countries worldwide. Corporate offices are located throughout EMEA, USA and APAC. For more information, visit http://www.cityis.com/.
About Avistar Communications Corporation
Avistar creates technology that provides the missing critical element in unified communications: bringing people in organizations face-to-face, through enhanced communications, for true collaboration anytime, anyplace. Its latest product, Avistar C3, draws on over a decade of market experience to deliver a single-click desktop videoconferencing and collaboration experience that moves business communications into a new era. Available as a stand-alone solution, or integrated with existing unified communications software from other vendors, Avistar C3 users gain instant messaging-style ability to initiate video communications across and outside the enterprise. Patented bandwidth management enables thousands of users to access desktop videoconferencing, Voice over IP (VoIP) and streaming media, without requiring substantial new network investment or impairing network performance. Avistar's desktop videoconferencing and collaboration installations are among the world's largest, including more than 18,000 seats sold in more than 40 countries. Clients report as much as a 20 percent reduction in travel expense and carbon emissions, increases in productivity, and immeasurably improved relationship building within their organizations, as well as with suppliers and customers. Avistar holds a portfolio of 80 patents for inventions in video and network technology and licenses IP to videoconferencing, rich-media services, public networking and related industries. Current licensees include Sony Corporation, Sony Computer Entertainment Inc. (SCEI), Polycom, Inc., Tandberg ASA, Radvision Ltd. and Emblaze-VCON. For more information, visit http://www.avistar.com/.
Avistar Communications Corporation
CONTACT: Margaret Bonilla of Birnbach Communications, +1-603-548-0693, mbonilla@birnbachcom.com, for Avistar Communications Corporation; or Lisa Farley of Avistar Communications Corporation, +1-212-949-1137, lfarley@avistar.com; or Jennifer Turnbull of CityIS Ltd., +44 (0)870 777 0555, jennifer.turnbull@cityis.co.uk
Web site: http://www.avistar.com/ http://www.cityis.com/
Magal Receives an Order to Install A Municipal Command & Control System in an Asian Capital
YAHUD, Israel, July 21 /PRNewswire-FirstCall/ -- Magal Security Systems, Ltd. (NASDAQ GMS: MAGS, TASE:MAGS) announced today that it has received an order for the installation of a municipal security command and control system in a capital city in Asia, based on its FORTIS System. The first stage of this order which is expected to be completed by the end of August 2008 is approximately US$ 650,000. Following completion of the initial stage, management expects the project to be expanded, and the total sum of the whole project is expected to reach approximately US$ 3 million.
This order was received following the customer's review of the FORTIS System's performance in a number of major Israeli cities and local municipalities, which systems have been operational since July 2005.
The FORTIS System will integrate the command and control of the security systems in this Asian capital city, while protecting public areas, parks and educational facilities from acts of vandalism, burglary and sabotage, and increasing the sense of security for the residents in the city.
The FORTIS System is based on an advanced technology that includes dozens of sophisticated cameras, unique graphic control-centers, and real-time live video of the protected perimeter zones under alert. The system enables the operator to promptly receive and dispatch live video and alerts, to and from security vehicles, via wide range wireless, consequently optimizing the operational response.
Mr. Izhar Dekel. CEO of Magal said, "This order reinforces Magal's strengths and capabilities as a leading provider of municipal security solutions. Our recent strategy has been to expand our sales efforts for the FORTIS System outside of Israel, and this order marks a significant milestone. We are currently negotiating additional international projects, and this win provides us with a new international reference."
About Magal Security Systems Ltd.:
Magal Security Systems Ltd. (Magal) is engaged in the development, manufacturing and marketing of computerized security systems, which automatically detect, locate and identify the nature of unauthorized intrusions. The Company's products are currently used in more than 70 countries worldwide to protect national borders, airports, correctional facilities, nuclear power stations and other sensitive facilities from terrorism, theft and other threats.
Magal's shares trade in the U.S. on the NASDAQ Global Market and in Israel on the Tel-Aviv Stock Exchange (TASE) under the symbol MAGS.
This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company's Annual Report on Form 20-F filed with the Securities and Exchange Commission.
Contacts:
Magal Security Systems Ltd
Lian Goldstein
Tel: +972-3-539-1444
Fax: 972-3-536-6245
E-mail:lian@magal-ssl.com
GK Investor Relations
Ehud Helft/Kenny Green
Tel: (US) +1-646-201-9246
Int'l dial: +972-3-607-4717
E-mail: info@gkir.com
Magal Security Systems Ltd
CONTACT: Contacts: Magal Security Systems Ltd, Lian Goldstein, Tel: +972-3-539-1444, Fax: 972-3-536-6245, E-mail:lian@magal-ssl.com. GK Investor Relations: Ehud Helft/Kenny Green, Tel: (US) +1-646-201-9246, Int'l dial: +972-3-607-4717, E-mail: info@gkir.com
T-Mobile Czech Republic Selects Amdocs CES 7.5 Enterprise Product Catalog SoftwareLargest Czech mobile service provider is third T-Mobile company to deploy Amdocs for product information management
ST. LOUIS and PRAGUE, Czech Republic, July 21 /PRNewswire-FirstCall/ -- Amdocs , the leading provider of customer experience systems, and T-Mobile Czech Republic, the largest mobile provider in the Czech Republic, today announced that T-Mobile Czech Republic has selected the Amdocs CES Enterprise Product Catalog 7.5 software as a central product information repository for services, handset and accessories offered via its self-service portal. The Amdocs software will allow T-Mobile Czech Republic to define, blend, price, bundle, maintain and retire these offerings easily and quickly.
T-Mobile companies in Germany and in the UK, that serve a combined customer base of more than 50 million customers, have also deployed Amdocs Enterprise Product Catalog. The Amdocs software allows T-Mobile Germany and T-Mobile UK to reduce product configuration effort and cost, as well as time to market for new products.
"Service providers are incorporating retail practices and technologies for better competitive differentiation and an enterprise-wide product catalog is a key ingredient in this endeavor," said Susan McNeice, Program Manager, OSS/BSS Global Competitive Strategies, Stratecast, a division of Frost & Sullivan. "This is especially true when the catalog must integrate many disparate applications, as the catalog becomes the 'single source of truth' for all product information in the enterprise."
This agreement extends a six-year relationship between T-Mobile Czech Republic and Amdocs. T-Mobile Czech Republic was among the first Amdocs Billing customers to upgrade to Amdocs Billing 7, and also uses Amdocs' customer management products.
About Amdocs Customer Experience Systems (CES)
Amdocs CES, introduced in January 2008, is an integrated portfolio that delivers the operating environment service providers need to transform from providers of utility voice, data and video services into purveyors of the digital lifestyle. Amdocs CES allows providers to deliver an optimal customer experience-personalized, participatory and timely across any service, location and device. The Amdocs CES portfolio leverages Amdocs business process best practices based on real-world scenarios, and transcends traditional business support systems (BSS), operations support systems (OSS) and service delivery platforms (SDPs) to enable service providers to address both current and emerging customer experience business processes. Amdocs' unique business model focuses on enabling its customers to create differentiation and build brand, loyalty, profitability and competitive leadership.
About Amdocs
Amdocs is the market leader in customer experience systems innovation, enabling world-leading service providers to deliver an integrated, innovative and intentional customer experience(TM) at every point of service. Amdocs provides solutions that deliver customer experience excellence, combining the software, service and expertise to help its customers execute their strategies and achieve service, operational and financial excellence. A global company with revenue of $2.84 billion in fiscal 2007, Amdocs has more than 17,000 employees and serves customers in more than 50 countries around the world. For more information, visit Amdocs at http://www.amdocs.com/ .
Amdocs Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2007, filed on December 3, 2007, and in our quarterly 6-K furnished on February 11, 2008 and on May 6, 2008.
About T-Mobile Czech Republic
T-Mobile Czech Republic has been operating in the Czech market since 1996. Since its establishment, the company has placed emphasis on the quality of services offered and excellent customer service. As of 31 December 2007, 5.27 million customers were using T Mobile services.
T-Mobile Czech Republic a.s. operates a public mobile communications network on the GSM standard in the 900 and 1800 MHz bands and is also authorized to operate a UMTS network. T Mobile was the first operator in the Czech Republic to launch its third-generation technology on 19 October 2005 under the name Internet 4G.
T-Mobile is a member of the international telecommunications group T Mobile International. Thanks to T Mobile's international presence, customers can count on the worldwide availability of their favorite services and take advantage of unified, favorable prices of calls when abroad.
For more information about the company, please visit http://www.t-press.cz/ or http://www.t-mobile.cz/ .
Amdocs
CONTACT: Smita Rode of Weber Shandwick, +1-212-445-8226, srode@webershandwick.com, for Amdocs; or Martina Kemrova, Senior Head of Corporate Communication, +420-603-601-150, martina.kemrova@t-mobile.cz, or Jitka Pacolova, External Communication Team Leader, +420-603-601-154, jitka.pacolova@t-mobile.cz, both of T-Mobile Czech Republic a.s
Web site: http://www.amdocs.com/ http://www.t-mobile.cz/
Darwin Announces Privacy//403(SM): A New Solution for Data Privacy, Network Security, and First-Party Business Interruption Risks
FARMINGTON, Conn., July 21 /PRNewswire-FirstCall/ -- Darwin Professional Underwriters, Inc. (Darwin), today announces a new solution for health care organizations, financial institutions, and other businesses that utilize data as part of their daily business practices. Darwin's Privacy//403(SM) product offers data privacy and network security liability protection for organizations. This coverage will help the health care and financial services industries in particular -- as they are increasingly using, transmitting, and storing personal and confidential information.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060829/NETU014LOGO )
The product integrates four critical insurance elements including data privacy, network security liability, media liability; and Darwin's brand new coverage for first-party business interruption costs such as forensic investigative expense, data restoration, extra expense and reduction in business income.
"Even sophisticated data protection systems can be vulnerable to privacy breach and data loss," says Adam Sills, Privacy//403 Lead Underwriter and Product Manager. "These exposures can arise from a variety of events, including merely the loss or theft of a laptop. This is why privacy insurance is such a growth area in the E&O insurance market today."
With greater technological functionality and dependency also comes greater liability and exposure. With the increasing spread of wireless networks, greater usage of laptops, and back-up tapes, now more than ever organizations must be aware of how they can protect their network and confidential information.
Building awareness through education is also fundamental to the success of a privacy liability insurance policy. Darwin partners with Pepper Hamilton, an industry-leading law firm, expert in the privacy and security liability field, to provide policyholders with relevant risk management advice, consultation, loss control education, and procedural development.
"One of Darwin's core values is to assist our clients in mitigating loss. We provide the tools necessary to create appropriate procedures that help our policyholders maintain data privacy and network security," says Susan Chmieleski, Senior Vice President and Risk Management Lead at Darwin. "In fact, our proactive 'client alert' program engages policyholders in loss prevention efforts from day one of the policy period."
For information on how to access Privacy//403, please contact Adam Sills at 860-284-1382 or asills@darwinpro.com. For information pertaining to Darwin's risk management and loss control services, please contact Susan Chmieleski at 960-284-1954 or schmieleski@darwinpro.com.
Important Information
Coverage descriptions in this press release are summaries only; all coverages will be determined by the policy as issued. Policies are available only through licensed surplus lines brokers. Additionally, this press release may contain projections, comments, and other forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Each forward looking statement is based on Darwin's plans and expectations, as well as on current events and industry trends. Such statements are subject to risks and uncertainties, and the actual outcomes or results may differ materially from those expressed or implied by any of these statements.
About Darwin Professional Underwriters, Inc.
Darwin is a specialty insurance group based in Farmington, Connecticut. The company is focused on the professional liability insurance market and underwrites directors and officers ("D&O") liability for public and private companies, errors and omissions ("E&O") liability insurance, medical malpractice liability insurance, and other specialty coverages. Darwin member companies include Darwin Professional Underwriters, Inc., Darwin National Assurance Company (DNA), and Darwin Select Insurance Company (Darwin Select). DNA and Darwin Select have earned a financial strength rating of "A- (Excellent)" from A.M. Best Company. Darwin is traded on the New York Stock Exchange under the ticker symbol, "DR."
For more information about Darwin, visit http://www.darwinpro.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20060829/NETU014LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Darwin Professional Underwriters, Inc.
CONTACT: Product inquiries, Adam Sills, +1-860-284-1382, asills@darwinpro.com, Risk Management inquiries, Susan Chmieleski, +1-860-284-1954, schmieleski@darwinpro.com, or Media inquiries, Vicki Vinnitsky, +1-860-284-1502, vvinnitsky@darwinpro.com, all of Darwin Professional Underwriters, Inc.
Web site: http://www.darwinpro.com/
Incentra Solutions Sets Date for Second Quarter and Six-Month Results Release and Conference Call
BOULDER, Colo., July 21 /PRNewswire-FirstCall/ -- Incentra Solutions, Inc. (BULLETIN BOARD: ICNS) will report its financial results for the second quarter and six months ended June 30, 2008, at 6:00 a.m. Eastern Time on Thursday, July 31, and will host a conference call at 11:30 a.m. Eastern Time that same day.
Conference Call
Toll free dial-in number: 1-800-762-8779*
International dial-in number: 1-480-629-1990*
* Conference ID: 3903546
Webcast
A live webcast and one-year archive of the call can be accessed at:
http://www.incentrasolutions.com/.
About Incentra Solutions, Inc.
Incentra Solutions, Inc. (http://www.incentrasolutions.com/) (OTCBB:ICNS) is a provider of complete IT solutions and services to enterprises and managed service providers in North America and Europe. Incentra's complete solution includes managed services, professional services, hardware and software products with the Company's First Call and Enhanced First Call support services, IT outsourcing solutions and financing options.
Contacts:
Jill Bertotti
Allen & Caron Inc
jill@allencaron.com
(949) 474-4300
Incentra Solutions, Inc.
CONTACT: Jill Bertotti of Allen & Caron Inc, +1-949-474-4300, for Incentra Solutions, Inc.
Web site: http://www.incentrasolutions.com/
Insure.com: State Farm Car Insurance Claims Data Leads to Better Vehicle Design
DARIEN, Ill., July 21 /PRNewswire-FirstCall/ -- Insure.com, Inc. revealed today that all car insurance buyers benefit from research done by the nation's largest auto insurer, State Farm.
State Farm handles about 9 million claims a year (about 17 per minute), from stolen cars to fender-benders to total losses.
What's an insurer to do with all those claims? State Farm makes good use of them. For one, the claims data help State Farm set the car insurance premiums for other drivers of those vehicles. For example, do you have a vehicle that's a favorite of thieves? That's reflected in your car insurance bill. But State Farm also uses its wealth of claims data to encourage better and safer car design.
Remember when Ford Explorers with Firestone tires gained national attention in 2000 because of alarming numbers of rollovers? State Farm was the first to sound the alarm bell to the National Highway Traffic Safety Administration in 1998.
State Farm regularly communicates with auto makers on what it sees as potential vehicle improvements based on trends in customer claims. When the insurer sees a way a car could be better protected from theft, or a bumper that never survives a crash, or a car with high passenger injuries, it lets car manufacturers know.
"You try to work together and find a common ground," explains State Farm spokesperson Kip Diggs. "Even if they don't acknowledge that the idea came from you. It's a satisfying gig." And it's a gig that stands to benefit all car buyers, not just State Farm customers, through safer vehicles and, ultimately, lower car insurance rates.
Case in point: The Mustang
When Ford was designing its current-generation Mustang in the late '90s, it asked State Farm to look at the design and give an opinion. Earlier Mustangs didn't sport a great safety record and were high on theft lists. State Farm employees tore down the Mustang and made recommendations to Ford (free of charge).
Shortly after the new 2005 Mustang GT came out, State Farm got its hand on one of the first that had been wrecked. (It had been purchased for a 16-year-old in Chicago.) State Farm employees wondered if any of their suggestions had made it into the design.
"We were pleased to see some suggestions made it in," says Diggs, such as the way Ford had affixed panels and hard pieces to the car that makes it easier for the vehicle to be repaired.
A public service
State Farm doesn't charge auto makers for its recommendations, and doesn't even expect a thanks. But for four men in State Farm's Vehicle Research Facility in Bloomington, Ill., it's their lives' work.
State Farm not only examines past claims for problematic vehicles, but it also pulls those vehicles into its research facility and tears them down, looking for clues as to why those vehicles incur extra costs. They tear down 25 to 50 vehicles a year, most of them wrecked or damaged. For example, State Farm employees noticed a couple of years ago that the Chevrolet Cobalt, which shared a platform with the Saturn Ion, performed much better than the Ion in side-impact crashes. State Farm brought the two vehicles into its facility, took them apart, and discovered that Chevrolet had added side reinforcements in the Cobalt, increasing passenger safety.
Figuring out how to keep vehicles safer from theft is also significant work at the State Farm facility.
"If a professional wants your car, he's going to get it," says Diggs. "But if we can find ways to make a car frustrating to get into for a professional, and less attractive to thieves and joyriders, that's worthwhile."
Suggesting ways for auto makers to produce cars with lower repair costs is also a mission. When your damaged car goes into the body shop for repairs, "everything goes by time," says Diggs. "Labor's where the money is. A vehicle that can be repaired more quickly is a vehicle that's going to be less expensive to insure. Even if you're an Allstate or Nationwide customer, you get the benefit of that vehicle."
"State Farm has an interest in seeing cars built to better standards," says Diggs. "Some manufacturers listen, some don't."
About Insure.com
Originally founded in 1984 as Quotesmith Corporation, Insure.com owns and operates a comprehensive consumer information service and companion insurance brokerage service that caters to the needs of self-directed insurance shoppers. Visitors to the Company's flagship Web site, http://www.insure.com/, are able to obtain free, instant car insurance quotes, instant life insurance quotes, home, business and health insurance quotes from leading insurers and have the freedom to buy online or by phone from any company shown. Insure.com also plays home to over 2,000 originally authored articles on various insurance topics and also provides free insurance decision-making tools that are not available from any other single source. Insure.com generates revenues from receipt of industry-standard commissions, including back-end bonus commissions and volume-based contingent bonus commissions that are paid by participating insurance companies. We also generate advertising revenues from the sale of Web site traffic to various third parties. Shares of the Company's common stock trade on the Nasdaq Capital Market under the symbol NSUR.
Insure.com, Inc.
CONTACT: Amy Danise, Editor of Insure.com, Inc., +1-860-668-4882, adanise@insure.com
Web site: http://www.insure.com/
Avistar Partners With CityIS to Deliver Desktop Videoconferencing Solutions
LONDON and SAN MATEO, California, July 21 /PRNewswire/ --
- Avistar's C3 Technology's User-Friendliness and Cost-Effectiveness
Essential to Addressing Client Needs in Challenging Global Markets
- Expansion of Reseller Channel Key Component of Company's Strategy
Avistar Communications Corporation (Nasdaq: AVSR), a leading provider of
unified visual communications solutions, has signed a strategic partnership
agreement with City Information Services Limited (CityIS Ltd.), a global
visual communications company. The agreement offers CityIS' clients a
cost-effective, user-friendly and proven desktop videoconferencing solution
that is built to easily interoperate with room solutions and extend video to
the desktop, office, home or on the road.
In making the announcement, Darren Innes, General Manager, Worldwide
Sales, Avistar, said, "CityIS is a significant player in our strategy to
deliver our C3 solutions through the reseller channel. CityIS has more than a
decade of specialized experience in the videoconferencing space, and knows
first-hand what its clients need to remain competitive in today's challenging
global marketplace. With offices around the world servicing global clients,
CityIS offers a breadth and depth of channel coverage that will be
instrumental in our goal of making Avistar desktop videoconferencing as
ubiquitous as large room implementations."
John N. Thompson, Founder and Chairman of CityIS, said, "More and more,
our clients see the value of videoconferencing as a means to boost workplace
efficiency, optimize supply chain operations, accelerate decision-making and
reduce carbon emissions. This agreement allows us to complement our extensive
videoconferencing offerings with an easy-to-use, intuitive desktop solution
that maximizes the productivity of users and does not disrupt the workflow
they have underway at their desks."
Ira Weinstein, Senior Analyst and Partner, Wainhouse Research, said,
"Today's challenging economic climate has spawned increased interest in both
group and desktop/personal videoconferencing. CityIS' experience selling and
supporting professional videoconferencing solutions makes them well suited to
offer Avistar's C3 integrated desktop conferencing solution to its roster of
enterprise clients."
About CityIS Ltd.
CityIS is a global visual communications company, assisting many Fortune
500 organizations realize their ROI and environmental goals through video
communications. Its technical and commercial consultancy capabilities ensure
that clients optimize videoconferencing to transform the way they
communicate. CityIS underpins its consultation process with an unrivalled
breadth of global services to ensure total project ownership through the
delivery, management and measurement stages, to guarantee a fully managed and
successful project lifecycle. CityIS' unrivalled global coverage spans 92
countries worldwide. Corporate offices are located throughout EMEA, USA and
APAC. For more information, visit http://www.cityis.com.
About Avistar Communications Corporation
Avistar creates technology that provides the missing critical element in
unified communications: bringing people in organizations face-to-face,
through enhanced communications, for true collaboration anytime, anyplace.
Its latest product, Avistar C3, draws on over a decade of market experience
to deliver a single-click desktop videoconferencing and collaboration
experience that moves business communications into a new era. Available as a
stand-alone solution, or integrated with existing unified communications
software from other vendors, Avistar C3 users gain instant messaging-style
ability to initiate video communications across and outside the enterprise.
Patented bandwidth management enables thousands of users to access desktop
videoconferencing, Voice over IP (VoIP) and streaming media, without
requiring substantial new network investment or impairing network
performance. Avistar's desktop videoconferencing and collaboration
installations are among the world's largest, including more than 18,000 seats
sold in more than 40 countries. Clients report as much as a 20 percent
reduction in travel expense and carbon emissions, increases in productivity,
and immeasurably improved relationship building within their organizations,
as well as with suppliers and customers. Avistar holds a portfolio of 80
patents for inventions in video and network technology and licenses IP to
videoconferencing, rich-media services, public networking and related
industries. Current licensees include Sony Corporation, Sony Computer
Entertainment Inc. (SCEI), Polycom, Inc., Tandberg ASA, Radvision Ltd. and
Emblaze-VCON. For more information, visit http://www.avistar.com.
Web site: http://www.avistar.com
http://www.cityis.com
Avistar Communications Corporation
Margaret Bonilla of Birnbach Communications, +1-603-548-0693, mbonilla@birnbachcom.com, for Avistar Communications Corporation; or Lisa Farley of Avistar Communications Corporation, +1-212-949-1137, lfarley@avistar.com; or Jennifer Turnbull of CityIS Ltd., +44-(0)-870-777-0555, jennifer.turnbull@cityis.co.uk
VimpelCom Enters the Cambodian Mobile Market
MOSCOW and NEW YORK, July 21 /PRNewswire-FirstCall/ -- Open Joint Stock Company "Vimpel-Communications" ("VimpelCom" or the "Company") announced today that it has acquired a 90% stake in the Cambodian company Sotelco, which holds a GSM 900/1800 license and related frequencies for the territory of Cambodia. The transaction was made through the purchase of 90% of Sotelco's parent company, Atlas Trade Limited, for US$28 million from VimpelCom's largest shareholder Altimo. The remaining 10% of Atlas will stay with a local partner, a Cambodian entrepreneur. VimpelCom has also acquired a call option to purchase the 10% interest of the local partner for market value at the date of exercise of the option.
Alexander Izosimov, CEO of VimpelCom, said, "We are very happy to announce the next significant step in implementation of our international expansion strategy. The Cambodian mobile market offers attractive growth potential, as the country has a population of 14 million people and a low mobile penetration estimated at around 18%. Cambodian market entry is an important part of VimpelCom's international expansion strategy particularly within a South-East Asian cluster of operations started by our entry to the Vietnamese mobile market. We foresee an impressive growth potential within the South-East Asian region and cluster synergies".
This press release contains "forward-looking statements", as the phrase is defined in Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements relate to the anticipated growth and synergy opportunities in the South-East Asian region. Actual results may differ materially from those described in such forward-looking statements as a result of various factors, including unforeseen developments in competition, or current or future changes in the political, economic and social environment or current or future regulation of the Cambodian, South-East Asian and Russian telecommunications industries. Additional information concerning factors that could cause results to differ materially from those in the forward-looking statements is contained in VimpelCom's public filings with the SEC, including VimpelCom's annual report on Form 20-F for the year ended December 31, 2007 and other public filings made by the Company with the United States Securities and Exchange Commission, which risk factors are incorporated herein by reference. VimpelCom disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward- looking statements contained in this press release, or to make corrections to reflect future events or developments.
Vimpel-Communications
CONTACT: Alexander Boreyko of VimpelCom, +7-495-910-5977, Investor_Relations@vimpelcom.com; or Michael Polyviou of FD, +1-212-850-5600, mpolyviou@fd-us.com, for VimpelCom
mobiclear Announces New Stock Symbol: MOBI
MANILA, Philippines and LAGUNA HILLS, Calif., July 21
/PRNewswire-FirstCall/ -- mobiclear, Inc. (OTC Bulletin Board: MBIR; Frankfurt: B3CA), (http://www.mobiclear.com/), owner of the unique, patent pending Personal Identification Verification solutions system to help eliminate credit and debit card fraud, announced that as of the opening of trading today, July 21, 2008, it has obtained a new trading symbol, OTC BB: MOBI, and effected a 250 for 1 reverse stock split.
"The reverse split enables the Company to stabilize and increase shareholder value as we now move forward with a strong product line and experienced management team," said Stephen P. Cutler, CEO
"Credit and debit card fraud online cost businesses worldwide more than $60 billion a year. Fraud on the Internet discourages many from using it for purchases. We are confident that mobiclear has an answer that would quickly reduce this problem by at least 10 percent, saving businesses more than $6 billion," said Mr. Cutler.
"Our unique, patent pending Personal Identification Verification solutions system means that, when using a credit card, the mobiclear customer receives a prompt via their cell phone. Responding with the four-digit pin code allows the transaction to proceed. Without the code, the credit card doesn't work and the purchase fails.
"If someone else were using your credit card, even if they had all the other forms of identification from, for instance, a stolen wallet or pocketbook, without the four-digit code, they can't use your credit card to steal," Mr. Cutler said. We are looking forward to introducing this product, and other Internet security products, soon to a marketplace that is eager for these innovations."
ABOUT mobiclear: mobiclear, Inc. (OTC BB: MOBI; Frankfurt: B3CA), (http://www.mobiclear.com/), headquartered in Manila, Philippines, offers a range of solutions to credit card and debit card fraud based on its patent-pending Personal Identification Verification system. It also offers products to ensure against fraud in all electronic transactions, including telephone and Internet transactions.
Note: Certain statements in this news release may contain "forward-looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan," and similar expressions to identify forward-looking statements. These statements including those related to being in a large and growing market, exhibiting rapid growth characteristics, and having a growth strategy, are forward looking statements. These forward looking statements are only predictions and are subject to certain risks, uncertainties and assumptions. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or assumptions in this press release include the risk that we will not be able to grow our revenues and market share, the risk that our prices do not remain competitive and the risk that we will not achieve profitability. Additional risks are identified and described in the Company's public filings with the Securities and Exchange Commission, including our most recent Report on Form 10-KSB, and Reports on Form 10-Q and Form 8-K. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.
CONTACT: mobiclear, Inc.
Paul Knopick
E & E Communications
(949) 707-5365
investorrelations@mobiclear.com
pknopick@eandecommunications.com
mobiclear, Inc.
CONTACT: Paul Knopick of E & E Communications, +1-949-707-5365, pknopick@eandecommunications.com, or investorrelations@mobiclear.com, for mobiclear, Inc.
Web site: http://www.mobiclear.com/
Autonomy Corporation Plc Announces Results for the Second Quarter and Six Months Ended June 30, 2008Record Quarterly and Half Year Results With Strong Organic Growth, Significantly Ahead of Analyst Consensus Estimates; Q2 Revenues up 72%; Q2 Profit Before Tax (Adjusted)* up 85% to $50.8 MillionAutonomy's Second Quarter Conference Call Will be Available Live at http://www.autonomy.com on July 21, 2008, at 9:30 a.m. BST/4:30 a.m. EST/1:30 a.m. PST
CAMBRIDGE, England, July 21 /PRNewswire-FirstCall/ -- Autonomy Corporation plc , a global leader in infrastructure software, today reported financial results for the second quarter and six months ended June 30, 2008.
Financial Highlights
Three Months Six Months
Ended Ended
(unaudited) (unaudited)
June June June June
30, 30, 30, 30,
2008 2007 2008 2007
Results in US$ ($'000s except per share) $'000 $'000 $'000 $'000
Revenues.................................125,649 73,255 230,737 138,730
Gross profit (adjusted)*................ 114,287 67,014 207,751 127,024
Gross profit margin (adjusted)*......... 91% 91% 90% 92%
Profit from operations (adjusted)*....... 50,382 25,371 81,451 43,910
Profit before tax (adjusted)*............ 50,778 27,453 81,914 46,971
Net profit (adjusted)*................... 35,372 18,775 57,056 32,115
Gross profit (IFRS)................... 109,170 65,178 197,354 123,288
Gross profit margin (IFRS)....... 87% 89% 86% 89%
Profit from operations (IFRS)....... 43,867 22,553 68,103 38,003
Profit before tax (IFRS)............ 43,742 24,179 67,355 40,259
Net profit (IFRS)........................ 30,471 16,535 46,916 27,525
EPS
- basic (adjusted)*...................... $0.17 $0.10 $0.27 $0.17
- diluted (adjusted)*.................... $0.16 $0.10 $0.26 $0.17
- basic (IFRS)........................ $0.14 $0.09 $0.22 $0.14
- diluted (IFRS)........................ $0.14 $0.08 $0.22 $0.14
-----------
* Adjusted results exclude the share of loss of associates, post-acquisition restructuring costs and non-cash charges, namely the amortization of purchased intangibles, share-based compensation and non-cash translational foreign exchange gains and losses and associated tax effects. See reconciliations on page 6.
QUARTERLY REPORT AND INTERIM MANAGEMENT STATEMENT
Second Quarter 2008 Highlights
- Record quarterly revenue, up 72% from Q2 2007 driven by
strong organic growth and contribution from acquisitions
- Strong organic IDOL growth of 28%
- Licence revenue up 40% from organic growth
- Operational gearing sees operating margins (adj.) at record
40%, up from 35% in Q2 2007
- Record profit before tax (IFRS), up 81% from Q2 2007
- 21st consecutive quarter of year-on-year growth
- Gross margins (adjusted) at 91%
- Average selling price for meaning-based technologies at
$397,000 (Q2 2007: $385,000)
- Blue chip second quarter wins include KPMG, Societe
Generale, Shanghai Patent Office, Huron, St Jude, Nationwide
Insurance, eBay, Fox Media Group, Ernst & Young, McKinsey, Qualcomm,
Ford, Toyota, GE Healthcare, Wells Fargo, the British Museum and TNT,
as well as significant deals with multiple government, defence and
intelligence agencies around the globe including in the U.S., U.K.,
Greece, the Netherlands, Singapore, Australia, NATO and Brazil
- Eleven OEM deals signed including new deals and extensions
with Nortel, Talisma, Verdasys and Yahoo!
- Positive cash flow generated from operations of $36.1
million (2007: $19.0 million)
- 34th consecutive quarter of profitability
Six Month 2008 Highlights
- Record six months revenues, up 66% from 2007 driven by
strong organic growth and contribution from acquisitions
- Largest deals in company's history
- Record profit from operations (adjusted) up 85% from 2007
- Record profit before tax (IFRS), up 67% from 2007
- Gross margins (adjusted) at 90%
- Positive cash flow generated from operations of $61.2
million (2007: $39.0 million), up 57%
Commenting on the results, Dr. Mike Lynch, Group CEO of Autonomy said today: "We are pleased to announce our record breaking second quarter and six month 2008 results which are, as previously stated, significantly ahead of consensus estimates. Our performance during this period has been driven by strong organic growth across all areas of our business, and have been achieved without recognizing significant revenues from our recently announced large banking deals. Once again we have shown the operational gearing in our business model with operating margins hitting a new record of 40%."
Dr. Lynch concluded: "Despite our conservative approach due to the current macro uncertainty, the fact that our fundamental market dynamics and our pipeline going into the second half remain strong leads us to be comfortable with a positive upgrade with respect to the outlook for the second half of the year. We will review the situation again at the end of Q3."
Second Quarter and Six Month Financial Highlights
Revenues for the second quarter of 2008 totalled $125.6 million, up 72% from $73.3 million for the second quarter of 2007 due to strong organic growth and the contribution from acquisitions. In the second quarter of 2008, Americas revenues of $81.5 million represented 65% of total revenues, and Rest of World revenues of $44.1 million represented 35% of total revenues. Revenues for the six months ended June 30, 2008, totalled $230.7 million, up 66% from $138.7 million for the six months ended June 30, 2007.
Gross profits (adjusted) for the second quarter of 2008 were $114.3 million, up 71% from $67.0 million in the second quarter of 2007. Gross margins (adjusted) were 91% in the second quarter of 2008, versus 91% in the second quarter of 2007. Gross profits (IFRS) for the second quarter of 2008 were $109.2 million, up 67% from $65.2 million in the second quarter of 2007. Gross margins (IFRS) for the second quarter of 2008 were 87%, compared to 89% in the second quarter of 2007. Gross profits (adjusted) for the six months ended June 30, 2008 were $207.8 million, up 64% from $127.0 million for the six months ended June 30, 2007. Gross margins (adjusted) were 90% in the six months ended June 30, 2008, versus 92% for the six months ended June 30, 2007. Gross profits (IFRS) for the six months ended June 30, 2008 were $197.4 million, up 60% from $123.3 million for the six months ended June 30, 2007. Gross margins (IFRS) for the six months ended June 30, 2008 were 86%, compared to 89% for the six months ended June 30, 2007.
Net profit (adjusted) for the second quarter of 2008 was $35.4 million, or $0.16 per diluted share, compared to net profit (adjusted) of $18.8 million, or $0.10 per diluted share, for the second quarter of 2007. Net profit (IFRS) for the second quarter of 2008 was $30.5 million, or $0.14 per diluted share, compared to net profit (IFRS) of $16.5 million, or $0.08 per diluted share, for the second quarter of 2007.
Net profit (adjusted) for the six months ended June 30, 2008 was $57.1 million, or $0.26 per diluted share, compared to net profit (adjusted) of $32.1 million, or $0.17 per diluted share, for the six months ended June 30, 2007. Net profit (IFRS) for the six months ended June 30, 2008 was $46.9 million, or $0.22 per diluted share, compared to net profit (IFRS) of $27.5 million, or $0.14 per diluted share, for the six months ended June 30, 2007.
Cash balances were $121.4 million at June 30, 2008, an increase of $28.8 million from $92.6 million at December 31, 2007. Movements in cash flow during the half year reflect a combination of good cash generation from operating activities and exercise of share options, offset by the quarterly repayments of Autonomy's bank loan, capital expenditure and instalment tax payments. Autonomy has no net debt.
Receivables for the second quarter of 2008 were $126.6 million, compared to $110.5 million at December 31, 2007. Accounts receivable days sales outstanding were 86 days for the second quarter of 2008, compared to 83 days at December 31, 2007. Deferred revenues were $104.8 million at June 30, 2008, compared with $97.9 million at December 31, 2007.
Although IFRS disclosure provides investors and management with an overall view of Autonomy's financial performance, Autonomy believes that it is important for investors to also understand the performance of Autonomy's fundamental business without giving effect to certain specific, non-recurring and non-cash charges. Consequently, the non-IFRS (adjusted) results exclude share of loss of associates, post-acquisition restructuring costs and non-cash charges for the amortization of purchased intangibles, share-based compensation, foreign exchange gains and losses and associated tax effects. Management uses the adjusted results to assess the financial performance of Autonomy's operational business activities.
Q2 Product Sales
Autonomy's infrastructure technology has been adopted by enterprises to process information across all internal and external data formats and sources. During the second quarter of 2008, major customer wins included: KPMG, Societe Generale, Shanghai Patent Office, Huron, St Jude, Nationwide Insurance, eBay, Fox Media Group, Ernst & Young, McKinsey, Qualcomm, Ford, Toyota, GE Healthcare, Wells Fargo, the British Museum and TNT. Q2 2008 business also included new and repeat licenses with multiple government, defence and intelligence agencies around the globe including in the U.S., the U.K., the Netherlands, Singapore, Australia, NATO and Brazil. Repeat business from existing customers accounted for approximately 50% of revenue for the quarter.
Strategic Partnerships and OEMs
Autonomy's OEM Program continued to grow during Q2 2008. Agreements were signed with eleven customers during the quarter, including new and extended agreements with Nortel, Talisma, Verdasys and Yahoo!. Autonomy was selected as its preferred global partner for enterprise search and high end information processing by Logica during Q2 2008.
Q2 Corporate Developments
During the second quarter of 2008 Autonomy continued to extend its market leadership with the introduction of key new and upgraded technologies, including:
- The industry's first information governance platform that automates
real-time policy management based on forming a conceptual and
contextual understanding of all enterprise information;
- The industry's first pan-enterprise search platform for legal
eDiscovery and information access, enabling search across all sources
of electronically stored information, finding relevant information for
litigation with auditable and repeatable results, and applying a
litigation hold function to preserve data from normally scheduled or
ad hoc deletion.
- Introduction of the industry's most scalable end-to-end hosted
eDiscovery solution, with 6,000 servers across five data centers
providing hosted eDiscovery solutions for the largest and most complex
legal and regulatory matters;
- New and enhanced features for Autonomy Virage's Command and Control, a
complete infrastructure platform for security and surveillance
operations; and
- Autonomy etalk's Qfiniti interaction recording being certified
compliant with key contact center solutions from Avaya.
During the second quarter Autonomy was recognized in multiple ways for
its market leadership and unmatched technology, including:
- Being named the leader in the May 2008 Forrester Wave(TM): Enterprise
Search, Q2 2008 report, receiving the highest score in all three
categories, which include current offering, strategy and market
presence, as well as the highest scores for its administration and
security capabilities, product strategy and financial resources to
support strategy;
- Being named the leader in the enterprise information access market by
industry analyst Ovum, ranked by its market position and breadth of
functional scope and appropriateness for the enterprise;
- Autonomy etalk's Intelligent Contact Center solution was named
recipient of the 2008 CRM Excellence Award by Technology Marketing
Corporation (TMC)'s Customer Interaction Solutions(R) magazine;
- Autonomy's Cardiff division was named a "Cool Vendor" in the recent
Gartner report titled "Cools Vendors in Business Process Management,
2008"; and
- Autonomy's Cardiff division attained Gold Certified Partner status in
the Microsoft Partner Program with a competency in Business Process
and Integration.
Six Month Important Events
During the first half of 2008 the key events in the company's development have been the implementation of the company's business plan and successful integration of acquisitions completed during 2007. As expected, market drivers of regulatory changes such as the U.S. Federal Rules of Civil Procedure have resulted in a convergence of legal and operational information systems, leading to some of the largest deals in the company's history, and driving growth in the company's OEM business.
Risk Factors
As with all businesses, the Group is affected by certain risks, not wholly within our control, which could have a material impact on the Group's long term performance and could cause actual results to differ materially from forecast and historic results.
The principal risks and uncertainties facing the Group have not changed from those set out in the Annual Report and Accounts 2007. These include: dependence on our core technology; competition; levels of operational spending versus revenues; market conditions; average selling price; economic and market conditions; reliance on value added resellers; continued service of our executive directors; hiring and retention of qualified personnel; product errors or defects; problems encountered in connection with potential acquisitions; and intellectual property claims.
In addition to the foregoing, the primary risk and uncertainty related to the Group's performance for the remainder of the year is the challenging macro economic environment, which could have a material impact on the Group's performance over the remaining six months of the financial year and could cause actual results to differ materially from expected and historical results. This effect has been offset during the first six months of the year to some extent by the legal, regulatory and compliance issues which have arisen for enterprises in connection with the current economic environment.
About Autonomy Corporation plc
Autonomy Corporation plc is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, information risk management solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyds TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. Autonomy also has over 350 OEM partners and more than 400 VARs and Integrators, numbering among them leading companies such as BEA, Citrix, EDS, IBM Global Services, Dassault Systemes, Satyam, Sybase, Symantec, TIBCO, Vignette and Wipro. The company has offices worldwide.
The Autonomy Group includes: ZANTAZ, the leader in the archiving, e-Discovery and Proactive Information Risk Management (IRM) markets; Cardiff, a leading provider of Intelligent Document solutions; etalk, award-winning provider of enterprise-class contact center products, Virage, a visionary in rich media management and security and surveillance technology and Meridio, a leading provider of records management software.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
AUTONOMY CORPORATION plc
CONSOLIDATED INCOME STATEMENT
(in thousands, except per share amounts)
Three Months Six Months Ended
Ended
(unaudited) (unaudited)
June 30, June 30, June 30, June 30,
2008 2007 2008 2007
Continuing operations $'000 $'000 $'000 $'000
Revenues (see note
3).................................. 125,649 73,255 230,737 138,730
Cost of revenues (excl. amortisation)(11,362) (6,241) (22,986) (11,706)
Amortization of purchased intangibles (5,117) (1,836) (10,397) (3,736)
Total cost of revenues (16,479) (8,077) (33,383) (15,442)
Gross 109,170 65,178 197,354 123,288
profit..............................
Operating expenses:
Research and development............ (19,778) (13,067) (39,566) (26,673)
Sales and (34,507) (23,198)
marketing........................... (67,550) (45,760)
General and administrative.......... (11,003) (6,234) (22,148) (12,314)
Other
costs...................................................................
Post-acquisition restructuring costs (601) - (901) -
Gain (loss) on foreign exchange...... 586 (126) 914 (538)
Total operating expenses..... (65,303) (42,625) (129,251) (85,285)
Profit from
operations.................. . 43,867 22,553 68,103 38,003
Share of loss of
associate.................... (521) (456) (1,211) (805)
Interest
receivable.................... ..... 772 2,544 1,495 4,047
Interest
payable............................. (376) (462) (1,032) (986)
Profit before income taxes..... ... 43,742 24,179 67,355 40,259
Income taxes (see note 4) (13,271) (7,644) (20,439) (12,734)
Net
profit........................... .. 30,471 16,535 46,916 27,525
Basic earnings per share (see note 6) $0.14 $0.09 $0.22 $0.14
Diluted earnings per share (see note 6) $0.14 $0.08 $0.22 $0.14
Reconciliation of Adjusted Financial Measures
Three Months Six Months Ended
Ended
(unaudited) (unaudited)
June 30, June June 30, June 30,
2008 30, 2008 2007
2007
$'000 $'000 $'000 $'000
Gross profit 109,170 65,178 197,354 123,288
Amortization of purchased intangibles. 5,117 1,836 10,397 3,736
Gross profit
(adjusted)........................... 114,287 67,014 207,751 127,024
Profit before income
taxes................................ 43,742 24,179 67,355 40,259
Post-acquisition restructuring costs. 601 - 901 -
(Gain) loss on foreign exchange...... (586) 126 (914) 538
Amortization of purchased intangibles 5,117 1,836 10,397 3,736
Share of loss of
associate................................ 521 456 1,211 805
Share-based compensation (see note 5)... 1,383 856 2,964 1,633
Profit before tax
(adjusted)..............................50,778 27,453 81,914 46,971
Provision for income
taxes................................ (15,406) (8,678) (24,858) (14,856)
Net profit
(adjusted)............................ 35,372 18,775 57,056 32,115
Profit from
operations............................ 43,867 22,553 68,103 38,003
Post-acquisition restructuring costs.. 601 - 901 -
Amortization of purchased intangibles. 5,117 1,836 10,397 3,736
Share-based compensation (see note 5). 1,383 856 2,964 1,633
(Gain) loss on foreign exchange....... (586) 126 (914) 538
Profit from operations (adjusted)..... 50,382 25,371 81,451 43,910
AUTONOMY CORPORATION plc
CONSOLIDATED BALANCE SHEET
(in thousands, except share data)
As at
(unaudited)
June 30, Dec 31,
2008 2007
$'000 $'000
ASSETS
Non-current assets:
Goodwill................................ 821,974 820,147
Other intangible
assets.................................. 107,547 113,956
Property and equipment,
net.................................... 30,597 28,788
Equity and other
investments............................
....................................... 13,700 20,010
Deferred tax
asset.................................. 13,159 8,862
Total non-current
assets................................. 986,977 991,763
Current assets:
Trade receivables,
net........................... ........ 126,598 110,468
Other
receivables............................ 38,150 21,019
Total trade and other
receivables............................ 164,748 131,487
Inventory.............................. 963 583
Cash and cash
equivalents............................ 121,401 92,571
Total current
assets................................. 287,112 224,641
TOTAL
ASSETS................................ 1,274,089 1,216,404
CURRENT LIABILITIES
Trade
payable................................ (13,664) (11,595)
Other
payables............................... (20,465) (29,374)
Total trade and other
payables............................... (34,129) (40,969)
Bank
loan................................... (10,637) (10,638)
Tax
liabilities............................ (20,211) (20,118)
Deferred
revenue................................ (98,450) (77,491)
Provisions............................. (857) (1,099)
Total current
liabilities............................ (164,284) (150,315)
Net current
assets................................. 122,828 74,326
NON-CURRENT LIABILITIES
Bank
loan................................. (31,913) (37,231)
Deferred
revenue................................ (6,348) (20,389)
Other
payables............................... (11,078) (9,899)
Provisions............................. - (257)
Total non-current
liabilities............................ (49,339) (67,776)
Total
liabilities............................ (213,623) (218,091)
NET
ASSETS................................. 1,060,466 998,313
Shareholders' equity:
Ordinary shares
(1).................................... 1,204 1,196
Share premium
account................................ 789,321 780,888
Capital redemption
reserve................................ 135 135
Own
shares................................. (924) (981)
Merger
reserve................................ 27,589 27,589
Stock compensation
reserve................................. 12,345 9,438
Revaluation
reserve................................. 3,701 10,163
Translation
reserve................................. 25,425 23,801
Retained
earnings................................ 201,670 146,084
TOTAL
EQUITY................................. 1,060,466 998,313
(1) At June 30, 2008, 600,000,000 ordinary shares of nominal value 1/3 pence each authorized, 214,316,346 issued and outstanding; as of December 31, 2007, 600,000,000 ordinary shares of nominal value 1/3 pence each authorized, 213,066,320 issued and outstanding.
AUTONOMY CORPORATION plc
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
Three Months Six Months Ended
Ended
(unaudited) (unaudited)
June 30, June 30, June 30, June 30,
2008 2007 2008 2007
$'000 $'000 $'000 $'000
Cash flows from operating activities:
Profit from
operations.......................... 43,867 22,553 68,103 38,003
Adjustments for:
Depreciation and amortization....... 9,494 3,684 19,190 6,901
Share based compensation............ 1,383 856 2,964 1,633
Foreign currency movements.......... (586) 126 (914) 538
Operating cash flows before
movements in working
capital.............................
54,158 27,219 89,343 47,075
Changes in operating assets and
liabilities (net of impact of
acquisitions):
Receivables........................ (30,471) (15,929) (33,492) (10,273)
Inventories.................... ... (449) (208) (380) 41
Payables........................... 12,885 7,899 5,765 2,172
Cash generated by operations.... 36,123 18,981 61,236 39,015
Income taxes
paid............................ (4,262) (252) (15,716) (229)
Net cash provided by operating
activities......................... 31,861 18,729 45,520 38,786
Cash flows from investment activities:
Interest
received............................. 740 2,544 1,463 4,047
Proceeds on disposal of property,
plant and equipment. - 366 - 366
Purchase of property, plant and
equipment............. (4,979) (1,259) (8,817) (2,264)
Purchase of (688) (5,232)
investments..................... (1,338) (5,320)
Expenditure on product development (2,736) (1,341) (5,751) (2,199)
Acquisition of subsidiaries, net
of cash acquired........... (283) (634) (5,705) (2,203)
Net cash used in investing
activities.................... (7,946) (5,556) (20,148) (7,573)
Cash flows from financing activities:
Proceeds from issuance of shares,
net of issuance
costs.............................. 4,203 106,173 8,637 116,664
Interest on bank
loan.................... (376) (462) (1,032) (986)
Repayment of bank
loan....................... (2,675) (4,071) (5,350) (8,154)
Net cash provided by financing
activities........ ..... 1,152 101,640 2,255 107,524
Net increase in cash and cash
equivalents. ......... 25,067 114,813 27,627 138,737
Beginning cash and cash equivalents 95,486 145,052 92,571 121,059
Effect of foreign exchange on cash
and cash
equivalents........................ 848 2,217 1,203 2,286
Ending cash and cash equivalents 121,401 262,082 121,401 262,082
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
(in thousands)
Capital
Ordinary Share redemption Own Merger
shares premium reserve shares reserve Sub-total
$'000 $'000 $'000 $'000 $'000 $'000
At January 1, 2007. . 1,027 474,645 135 (1,017) - 474,790
Retained profit...... - - - - - -
Stock compensation.........- - - - - -
Share options exercised. 18 15,213 - - - 15,231
Share placing........... 46 100,078 - - - 100,124
EBT options exercised... - - - 12 - 12
Deferred tax on stock
options..... - - - - - -
Revaluation of equity
investment - - - - - -
Translation of overseas
operations............. - - - - - -
At June 30, 2007.......1,091 589,936 135 (1,005) - 590,157
Sub-total Stock Revaluation
comp'n Translation Retained
Forwarded reserve reserve reserve earnings Total
$'000 $'000 $'000 $'000 $'000 $'000
At January 1,
2007..... 474,790 5,688 - 19,956 71,188 571,622
Retained profit - - - - 27,525 27,525
Stock compensation - 1,633 - - - 1,633
Share options
exercised........ 15,231 - - - - 15,231
Share placing.... 100,124 - - - - 100,124
EBT options
exercised... 12 (12) - - - -
Deferred tax on
stock options... - - - - 7,427 7,427
Revaluation of
equity investment - - 18,420 - - 18,420
Translation of
overseas operations - - - 3,841 - 3,841
At June 30, 2007..590,157 7,309 18,420 23,797 106,140 745,823
Capital
Ordinary Share redemption Own Merger
shares premium reserve shares reserve Sub-total
$'000 $'000 $'000 $'000 $'000 $'000
At January 1, 2008.... 1,196 780,888 135 (981) 27,589 808,827
Retained profit..... - - - - - -
Stock compensation... - - - - - -
Share options exercised 8 8,433 - - - 8,441
EBT options exercised.. - - - 57 - 57
Deferred tax on stock
options..... - - - - - -
Revaluation of equity
investment - - - - - -
Translation of overseas
operations............ - - - - - -
At June 30, 2008...... 1,204 789,321 135 (924) 27,589 817,325
Sub-total Stock Revaluation
comp'n Translation Retained
Forwarded reserve reserve reserve earnings Total
$'000 $'000 $'000 $'000 $'000 $'000
At January 1,
2008...........808,827 9,438 10,163 23,801 146,084 998,313
Retained profit - - - - 46,916 46,916
Stock compensation - 2,964 - - - 2,964
Share options
exercised.... 8,441 - - - - 8,441
EBT options
exercised..... 57 (57) - - - -
Deferred tax on
stock options.. - - - - 8,670 8,670
Revaluation of
equity investment - - (6,462) - - (6,462)
Translation of
overseas operations - - - 1,624 - 1,624
At June 30,
2008 817,325 12,345 3,701 25,425 201,670 1,060,466
AUTONOMY CORPORATION plc
NOTES TO THE CONDENSED SET OF CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED 30 JUNE 2008- UNAUDITED
1. General information
The information for the year ended December 31, 2007 does not constitute statutory accounts as defined in section 240 of the Companies Act 1985. A copy of the statutory accounts for that year has been delivered to the Registrar of Companies. The auditors' report on those accounts was not qualified and did not contain statements under section 237(2) or (3) of the Companies Act 1985.
The results of operations for the three and six months ended June 30, 2008, are not necessarily indicative of the operating results for future operating periods. The condensed financial statements should be read in connection with the company's audited Consolidated Financial Statements and the notes thereto for the year ended December 31, 2007.
2. Accounting policies
The annual financial statements of Autonomy Corporation plc are prepared in accordance with IFRSs as adopted by the European Union. The condensed set of financial statements included in this quarterly report has been prepared in accordance with IAS 34 'Interim Financial Reporting' as adopted by the European Union. The same accounting policies, presentation methods of computation are followed in the condensed set of financial statements as applied in the Group's latest annual audited financial statements.
3. Segmental information
Whilst the group currently operates under a number of different divisions, the group's core technology, types of revenue and associated costs and returns are comparable. Each of these divisions is founded on the group's unique Intelligent Data Operating Layer, the group's core infrastructure for automating the handling of all forms of unstructured information. As a result, the group maintains only one reportable business segment. The group's operations are located primarily in the United Kingdom, the US and Canada. The company also has a significant presence in a number of other European countries as well as China, Japan, Singapore and Australia.
The following table provides an analysis of the group's sales by geographical market based upon the location of the Group's customers for all periods.
Three Months Six Months Ended
Ended
(unaudited) (unaudited)
June June 30, June June 30,
30, 2007 30, 2007
2008 2008
Revenue by region: $'000 $'000
$'000 (restated) $'000 (restated)
Americas............... 81,517 45,616 145,419 84,171
Rest of
World.................. 44,132 27,639 85,318 54,559
Total................. 125,649 73,255 230,737 138,730
The quarterly report in Q2 2007 presented the above on the basis of the location of the Group's assets. As noted in the 2007 annual report, the directors have changed the presentation as they believe the revised presentation to be more appropriate under IAS 14. The financial impact of this restatement has been to reallocate approximately $4.0 million and $6.7 million of revenues from Americas to the Rest of World for the three and six months ended June 30, 2007, respectively.
3. Segmental information (continued)
Segment information about these geographical segments is presented below:
Three Months Ended
June 30, 2008 June 30, 2007
Americas ROW Total Americas ROW Total
$'000 $'000 $'000 $'000 $'000 $'000
Segment result....... .. 34,749 9,133 43,882 16,555 6,124 22,679
Post-acq'n restruct. costs. (601) -
Gain (loss) on foreign exch. 586 (126)
Operating profit............ 43,867 22,553
Share of loss of associate.. (521) (456)
Interest receivable............ 772 2,544
Interest payable................ (376) (462)
Profit before tax 43,742 24,179
Tax............................. (13,271) (7,644)
Profit for the period........... 30,471 16,535
Six Months Ended
June 30, 2008 June 30, 2007
Americas ROW Total Americas ROW Total
$'000 $'000 $'000 $'000 $'000 $'000
Segment result...... 52,747 15,343 68,090 26,398 12,143 38,541
Post-acq'n restruct costs (901) -
Gain (loss) on foreign exch. 914 (538)
Operating profit............ 68,103 38,003
Share of loss of associate.. (1,211) (805)
Interest receivable......... 1,495 4,047
Interest payable............ (1,032) (986)
Profit before tax 67,355 40,259
Tax......................... (20,439) (12,734)
Profit for the period....... 46,916 27,525
4. Income taxes
Three Months Six Months
Ended Ended
(unaudited) (unaudited)
June June June June
30, 30, 30, 30,
2008 2007 2008 2007
Tax charge by region: $'000 $'000 $'000 $'000
10,354 5,654 15,112 9,677
UK....................
2,917 1,990 5,327 3,057
Foreign...............
13,271 7,644 20,439 12,734
Total.................
5. Share based compensation
Share based compensation charges have been charged in the consolidated
income statement within the following functional areas:
Three Months Six Months
Ended Ended
(unaudited) (unaudited)
June June June June
30, 30, 30, 30,
2008 2007 2008 2007
$'000 $'000 $'000 $'000
Research and 430 282 952 538
development.................
Sales and 653 462 1,507 882
marketing...................
General and administrative 300 112 505 213
Total share based
compensation charge.........1,383 856 2,964 1,633
6. Earnings per share
The calculation of the basic and diluted earnings per share is based on
the following data:
Three Months Six Months
Ended Ended
(unaudited) (unaudited)
June June June June
30, 30, 30, 30,
2008 2007 2008 2007
$'000 $'000 $'000 $'000
Earnings for the purposes
of basic and
diluted earnings per share
being net profit.........
30,471 16,535 46,916 27,525
Number of shares
Weighted average number of
ordinary shares for the
purposes of basic
earnings per share....... 213,962 194,120 213,697 191,482
Effect of dilutive
potential ordinary
shares:
Share 3,615 2,897 3,670 2,741
options...............
Weighted average number
of ordinary shares for
the purposes of diluted
earnings per share.. 217,577 197,017 217,367 194,223
Earnings per share (adjusted) is calculated by dividing the net profit (adjusted) amounts shown on page 6 by the share denominators shown above.
7. Related Party Transactions
There have been no related party transactions or changes in related party transactions described in the latest annual report that could have a material effect on the financial position or performance of the Group in the first six months of the financial year.
------------------------------------------------
Statement of Directors' Responsibility
We confirm that to the best of our knowledge:
(a) the condensed set of financial statements has been prepared in accordance with IAS 34 "Interim Financial Reporting";
(b) the interim management report includes a fair review of the information required by DTR 4.2.7 (indication of important events during the first six months and description of principal risks and uncertainties for the remaining six months of the year); and
(c) the interim management report includes a fair review of the information required by DTR 4.2.8 (disclosure of related parties' transactions and changes therein).
By order of the Board
Dr Michael R Lynch Sushovan T Hussain
Chief Executive Officer Chief Financial Officer
July 21, 2008 July 21, 2008
INDEPENDENT REVIEW REPORT TO AUTONOMY CORPORATION PLC
We have been engaged by the company to review the condensed set of financial statements in the interim financial report for the three and six months ended 30 June 2008 which comprises the consolidated income statement, the consolidated balance sheet, the consolidated statement of changes in equity, the consolidated cash flow statement and related notes 1 to 7. We have read the other information contained in the interim financial report and considered whether it contains any apparent misstatements or material inconsistencies with the information in the condensed set of interim financial statements.
This report is made solely to the company in accordance with International Standard on Review Engagements 2410 issued by the Auditing Practices Board. Our work has been undertaken so that we might state to the company those matters we are required to state to them in an independent review report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company, for our review work, for this report, or for the conclusions we have formed.
Directors' responsibilities
The interim financial report is the responsibility of, and has been approved by, the directors. The directors are responsible for preparing the interim financial report in accordance with the Disclosure and Transparency Rules of the United Kingdoms' Financial Services Authority.
As disclosed in note 2, the annual financial statements of the group are prepared in accordance with IFRSs as adopted by the European Union. The condensed set of financial statements included in this interim financial report has been prepared in accordance with International Accounting Standard 34, "Interim Financial Reporting," as adopted by the European Union.
Our responsibility
Our responsibility is to express to the Company a conclusion on the condensed set of financial statements in the interim financial report based on our review.
Scope of Review
We conducted our review in accordance with International Standard on Review Engagements (UK and Ireland) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Auditing Practices Board for use in the United Kingdom. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing (UK and Ireland) and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
Conclusion
Based on our review, nothing has come to our attention that causes us to believe that the condensed set of financial statements in the interim financial report for the three and six months ended 30 June 2008 is not prepared, in all material respects, in accordance with International Accounting Standard 34 as adopted by the European Union and the Disclosure and Transparency Rules of the United Kingdom's Financial Services Authority.
Deloitte & Touche LLP
Chartered Accountants and Registered Auditor
July 21, 2008
Cambridge, UK
Financial Media Contacts: Analyst and Investor Contacts:
Edward Bridges / Haya Chelhot Peter Goodman, Investor Relations
Officer
Financial Dynamics
Autonomy Corporation plc
+44(0)20-7831-3113 +44(0)1223-448-000
Autonomy Corporation plc
CONTACT: Financial Media Contacts: Edward Bridges / Haya Chelhot, Financial Dynamics, +44(0)20-7831-3113; Analyst and Investor Contacts: Peter Goodman, Investor Relations Officer, Autonomy Corporation plc, +44(0)1223-448-000
SST Announces Release Date of Its Second Quarter 2008 Financial Results
SUNNYVALE, Calif., July 21 /PRNewswire-FirstCall/ -- SST (Silicon Storage Technology, Inc.) , a leader in flash memory technology, will announce second quarter 2008 financial results on Tuesday, July 29, 2008. A press release will be transmitted to the news media immediately following the close of the market on July 29th and the company will hold a conference call to discuss the results and provide a general business update at 1:30 p.m. PT. Those wishing to participate in the conference call should dial (888) 423-3275, international participants please dial (612) 332-0335, using the password "SST" at approximately 1:20 p.m. PT. A replay of the call will be available for one week by dialing (800) 475-6701, international participants dial (320) 365-3844, using the access code 954152. A Webcast replay of the conference call will be available for one year on the company's Web site at http://www.sst.com/events.
About Silicon Storage Technology, Inc.
Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of memory and non-memory products for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. Leveraging its proprietary, patented SuperFlash technology, SST is a leading provider of nonvolatile memory solutions with product families that include various densities of high functionality flash memory components and flash mass storage products. The company also offers its SuperFlash technology for embedded applications through its broad network of world-class manufacturing partners and technology licensees, including TSMC, which offers it under its trademark Emb-FLASH. SST's non-memory products include NAND controller-based products, smart card ICs and modules, flash microcontrollers and radio frequency ICs and modules. Further information on SST can be found on the company's website at http://www.sst.com/.
For more information about SST and the company's comprehensive list of product offerings, please call 1-888/SST-CHIP. Information can also be requested via email to literature@sst.com or through SST's Web site at http://www.sst.com/. SST's head office is located at 1171 Sonora Court, Sunnyvale, Calif.; telephone: 408/735-9110; fax: 408/735-9036.
The SST logo and SuperFlash are registered trademarks of Silicon Storage Technology, Inc. All other trademarks or registered trademarks are the property of their respective holders.
For More Information Contact:
Leslie Green
Green Communications Consulting, LLC
(650) 312-9060
Silicon Storage Technology, Inc.
CONTACT: Leslie Green of Green Communications Consulting, LLC, +1-650-312-9060 for Silicon Storage Technology, Inc.
Web site: http://www.sst.com/
DemandTec TradePoint Network(TM) Seals 1.5 Million DealsConnected retail and manufacturer trading partners achieve industry milestone in collaborative trade promotion planning
SAN CARLOS, Calif., July 21 /PRNewswire-FirstCall/ -- DemandTec, Inc. , a leading provider of on-demand merchandising and marketing software services for retailers and consumer products manufacturers, today announced that 1.5 million trade promotion deals have now been negotiated on the DemandTec TradePoint Network(TM) since its inception. The company also reported that the total number of deals managed on the network has increased 50% since December 2007, driven by a community of more than 5,000 end users.
"DemandTec is honored to be trusted by so many leading retailers and consumer products manufacturers for such mission critical work as trade promotion collaboration. We are committed to seeing the DemandTec TradePoint Network continue to grow not only in enterprise and user adoption, but in scope as well," Marc Dietz, vice president of marketing at DemandTec.
The DemandTec TradePoint Network is the industry's only secure, Internet- based private network for retailers and their suppliers to transact, interact and collaborate on promotions and other merchandising and marketing activities. Through software services such as DemandTec's industry-leading Deal Management offering, the network helps retailers lower the cost to serve for their supplier community by applying business workflow and accountability to what was largely a manual, error prone process. Consumer products manufacturers benefit from a reduction in deal handling costs as well as increased opportunities to engage in joint business planning with retail trading partners.
DemandTec's Deal Management is one of a growing number of connected software services that leverage the DemandTec TradePoint Network to enhance the end-to-end promotion management process. The service provides a standardized, collaborative process for how trade plans are entered, submitted, negotiated and archived, resulting in lower transaction costs and increased accuracy.
About DemandTec
DemandTec enables retailers and consumer products companies to optimize merchandising and marketing decisions, individually or collaboratively, to achieve their sales volume, revenue, and profitability objectives. DemandTec software services utilize DemandTec's science-based software platform to model and understand consumer behavior. DemandTec customers include more than 140 leading retail and consumer products manufacturers such as Advance Auto Parts, Best Buy, Circle K Stores, ConAgra Foods, Delhaize America, Dr Pepper Snapple Group, Giant-Carlisle, General Mills, H-E-B Grocery Co., Hormel Foods, Monoprix, Safeway, Sara Lee and Tyson Foods. Connected via the DemandTec TradePoint Network(TM), DemandTec customers have collaborated online on more than one million trade deals. For more information, please visit http://www.demandtec.com/.
DemandTec Safe Harbor
This press release contains forward-looking statements regarding DemandTec's expectations, hopes, plans, intentions or strategies, including statements about future DemandTec product and solutions plans and the effectiveness of its products and solutions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in DemandTec's documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to DemandTec as of the date hereof, and DemandTec assumes no obligation to update these forward-looking statements.
DemandTec and the DemandTec logo are registered trademarks of DemandTec, Inc. DemandTec TradePoint Network is a trademark of DemandTec, Inc. All other trademarks are the property of their respective owners.
DemandTec, Inc.
CONTACT: Cassandra Moren of DemandTec, Inc., +1-650-226-4690, cassandra.moren@demandtec.com; or Investor Contact: Michael Kern of ICR, +1-617-956-6731, michael.kern@icrinc.com
Web site: http://www.demandtec.com/
Verizon Business Receives Prestigious British Standards Institution Designation for Information Security ManagementDelivers Strong Security Offerings and Professional Service Capabilities
BASKING RIDGE, N.J., July 21 /PRNewswire/ -- Verizon Business joins only a handful of companies around the world to be recognized by BSI Management Systems -- the world's leading international standards, testing, registration and certification organization -- as a leading provider of information security management.
BSI has inducted Verizon Business into its Associate Consultant Program (ACP) for ISO/IEC 27001, an internationally recognized and publicly vetted information security standard utilized in the development of information security management systems. Acceptance into the program denotes that Verizon Business passed a rigorous review of its comprehensive security portfolio and professional security capabilities.
Only an elite group of vendors, which must have a proven track record of offering strong value and performance to customers, are accepted into the BSI Associate Consultant Program.
Verizon Business delivers unmatched security expertise and capabilities to customers. Verizon Business security experts are among the best in the industry -- and the world -- when it comes to security and risk management. Many of these experts hold the Holistic Information Security Practitioner (HISP) certification, which educates practitioners on best practices for implementing multiple industry standards and regulatory requirements for information security and privacy, as well as how to integrate the ISO 27000 Series of Information Security Standards with these security standards and requirements.
Additionally, Verizon Business is one of the few security providers with a truly global footprint. The 1,100-plus security team operates around the world, supported by five state-of-the-art security operations centers (SOCs), more than 200 data centers and one of the world's most expansive IP networks.
"We've heard time and again from security executives around the world that the ISO Information Security Standard is the pre-eminent standard against which they measure their security programs," said Kerry Bailey, vice president of Verizon Business Security Solutions. "As such, Verizon Business is pleased to further embrace this critical global standard. The synergy between our holistic approach to security and the ISO Information Security Standard makes us a natural fit to join the BSI Associated Consultant Program."
Delivering a One-Two Punch With ISO 27000 Series of Information
Security Standards
Verizon Business embraces ISO 27001 when developing information security programs for its customers. Its professional service experts work closely with their customers to intimately understand their business and then apply the principles of ISO 27001 in constructing an individualized security program framework.
Once the foundation is laid, Verizon Business helps customers implement a set of actual security controls, governed by the ISO 27002 Code of Practice for Information Security Management, through Verizon Business' complementary Security Management Program (SMP).
SMP, an integral part of the Verizon Business security portfolio, helps reduce risk through a proactive, programmatic approach to security. Verizon Business recently incorporated the ISO 27002 into the latest version of SMP. ISO 27002 now provides the basis for evaluating SMP customer security processes and procedures, allowing the customers to manage, monitor and align their security controls with the global standard.
Together, ISO 27001 and 27002 help to define information security best practices across an organization to better safeguard the integrity, confidentiality and availability of critical company data.
Verizon Business Security Solutions Powered by Cybertrust
Enterprises and government agencies rely on Verizon Business to help them manage security risk and protect critical company assets. Verizon Business Security Solutions, a leading global provider of managed security services, offers a comprehensive portfolio of security services powered by Cybertrust that include governance risk and compliance solutions, data loss and prevention solutions, identity management solutions, and managed security services. The company's more than 1,100 security professionals around the globe deliver these offerings through a range of managed services, professional services and technologies, based on what best suits the customer. More information is available by visiting http://www.verizonbusiness.com/us/security. Specific information on the Security Management Program is available by visiting http://www.verizonbusiness.com/us/products/security/compliance/mgmt.
About BSI Management Systems
British Standards Institution (BSI) is the world's leading management systems certification body. Founded in 1901, BSI has certified more than 60,000 locations in nearly 90 countries. Many 'Global 500' companies have chosen BSI as their preferred ISO 9001:2000, ISO/TS 16949:2002, ISO 14001:2004 or ISO/IEC 27001:2005 certification body. BSI's certification experience covers virtually every industrial and commercial sector, including automotive, aerospace, chemical and allied processes, IT/software, and service. BSI Management Systems America, Inc. is headquartered in Reston, Virginia, with offices in Toronto, Canada, and Mexico City, Mexico to serve the North American market. To learn more BSI's truly pioneering organization, visit http://www.bsiamerica.com/.
About Verizon Business
Verizon Business, a unit of Verizon Communications , operates the world's most connected public IP network and uses its industry-leading global-network capabilities to offer large-business and government customers an unmatched combination of security, reliability and speed. The company integrates advanced IP communications and information technology (IT) products and services to deliver leading enterprise solutions including managed services, security, mobility, collaboration and professional services. These solutions power innovation and enable the company's customers to do business better. For more information, visit http://www.verizonbusiness.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 Business
CONTACT: Janet Brumfield, +1-614-723-1060, janet.brumfield@verizon.com, or Brianna Carroll Boyle, +1-703-859-4251, brianna.boyle@verizon.com, both for Verizon Business
Web site: http://www.verizon.com/ http://www.verizon.com/news http://www.verizonbusiness.com/us/security http://www.bsiamerica.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
AT&T U-verse Arrives in South FloridaMiami-Dade, Broward and Palm Beach County Customers Benefit From Advanced Technology, Compelling Features and Video Choice
MIAMI, July 21 /PRNewswire-FirstCall/ -- South Florida residents have a new -- and better -- choice for their television and communications services. AT&T Inc. today announced the launch of AT&T U-verse(SM) TV and AT&T U-verse High Speed Internet in parts of Miami-Dade and Broward counties. AT&T U-verse services will be launched in Palm Beach County on July 28. AT&T U-verse brings together your TV, broadband and AT&T wireless services -- all on one bill -- with unique features that provide a new level of integration, convenience and control. AT&T U-verse TV and High Speed Internet services are delivered over AT&T's advanced Internet Protocol (IP) network.
Customers can currently order AT&T U-verse services in parts of dozens of communities in Miami-Dade, Broward and Palm Beach counties. U-verse services will be installed for Palm Beach County customers beginning July 28. AT&T will make U-verse services available to more homes throughout South Florida on an ongoing basis.
"AT&T has made a commitment to help customers in the Southeast benefit from faster and wider delivery of innovative new services like AT&T U-verse," said Rob Bentley, AT&T vice president and general manager for the Southeast region. "Our customers will reap the rewards when they experience AT&T U-verse TV. We look forward to expanding U-verse services and video choice to more customers in the Southeast."
AT&T is the only national service provider to offer a 100 percent IP-based television (IPTV) service. IP technology helps make AT&T U-verse TV one of the most dynamic and feature-rich services available today, with advanced capabilities that customers don't get from other providers and access to more than 45 High Definition (HD) channels.
"Florida consumers have asked for video competition and today AT&T is delivering," said Marshall Criser III, AT&T Florida president. "Now Florida consumers can make a choice and take advantage of U-verse TV's extensive channel lineup and unmatched features. It's all about delivering a better TV experience."
Where available, local AT&T U-verse customers can enjoy numerous TV benefits, including:
-- An attractive selection of TV packages and 100 percent digital TV
service. You can choose from a variety of subscription options that
feature up to 320 channels, including digital music, local, movie and
sports programming, as well as premium Spanish-language and
international packages. All packages include HD-capable equipment, and
most packages include an HD-capable digital video recorder (DVR). (More
receivers can be added for $5 each a month.)
-- A Spanish-language package, Paquete Espanol, which features novelas,
movies, news, sports, children's programming, talk shows and more, for
$10 a month.
-- More HD channels than the major local cable providers, with an
extensive lineup of more than 45 HD channels. U-verse TV supports both
720p and 1080i formats. Access to HD service is $10 a month with any U-
verse TV package.
-- The ability to record up to four programs at once using a DVR (up to
four standard definition programs or two HD and two standard definition
programs) -- another feature that is exclusive to AT&T U-verse TV.
-- The ability to set your DVR from any location. With AT&T Yahoo! Web and
Mobile Remote Access to DVR, you can schedule recordings from any
Web-connected PC or compatible AT&T mobile phone (wireless service
charges apply) by using your AT&T High Speed Internet account.
-- AT&T Online Photos from Flickr, which allows you to simply and
conveniently browse the photos you've uploaded to flickr.com and watch
slide shows on your U-verse TV screen from the comfort of your couch.
-- AT&T U-bar, which brings customizable weather, stock, sports and
traffic information to the U-verse TV screen, without interrupting the
current program. AT&T High Speed Internet subscribers can personalize
the U-bar from the AT&T portal to display weather at specific
locations, your personal stock portfolio and scores for your favorite
sports teams.
-- YELLOWPAGES.COM TV, for fast and easy searches to find local businesses
and other information via your TV screen.
-- AT&T Yahoo! Games, so you can now play your favorite online games --
including Sudoku, Solitaire, JT's Blocks, Mah-jongg Tiles and Chess --
on the TV screen.
-- Built-in Picture-in-Picture, which lets you channel-surf on any
television without leaving the program you're watching.
-- Fast channel-changing, reducing the delay experienced with other
digital video services.
-- A growing Video On Demand (VOD) library with one-touch access to movies
and events.
-- Advanced search to find upcoming linear or VOD programs by using the
title or an actor's name.
-- Easy-to-use parental controls to block live or recorded programs or
on-demand videos by specific channel or ratings.
-- Specially designed U-verse receivers. All U-verse receivers are
HD-capable and include universal remote controls with backlit buttons
and one-touch access to VOD, recorded TV and other popular U-verse
features.
AT&T U-verse offers multiple combinations of TV and Internet packages to customize your experience. U-verse TV offers five programming packages - U100, U200, the popular U300 and U400 packages, plus U-family, a market-leading family-friendly programming option. Current AT&T U-verse TV pricing starts at $44 a month, depending on the selected programming package (taxes, fees and other monthly charges apply). U-verse services offer everyday low pricing, with no term commitment required.
Professional installation is included for new U-verse TV customers, and you also get a 30-day money-back guarantee. Customers who order a qualifying programming package by phone through Sept. 20, 2008, are eligible to choose a free month of the U200, U300 or U400 package or a $50 cash-back redemption by gift check. Customers who order a qualifying TV package online will receive a free month of the TV package. Additional cash-back offers are available to qualifying customers who bundle Internet service.
AT&T U-verse High Speed Internet offers more bandwidth and faster available speeds to meet the needs of every consumer or small business broadband user, including four package options:
-- Max: Downstream speeds up to 10.0 Mbps, upstream speeds up to 1.5 Mbps
-- Elite: Downstream speeds up to 6.0 Mbps, upstream speeds up to 1.0 Mbps
-- Pro: Downstream speeds up to 3.0 Mbps, upstream speeds up to 1.0 Mbps
-- Express: Downstream speeds up to 1.5 Mbps, upstream speeds up to 1.0
Mbps
All AT&T U-verse High Speed Internet packages include wireless home or office networking at no extra cost, giving customers the freedom to access online photos, receive and send large data files, view streaming video and access other high-bandwidth applications from a wireless-enabled laptop or other device. Subscribers also receive virtually unlimited e-mail storage, powerful anti-virus and anti-spam software and access to the nation's largest Wi-Fi network with free unlimited connectivity at more than 17,000 hot spot locations.
AT&T is introducing U-verse services in Florida as a result of legislation supported by Representative Trey Traviesa and state Senator Mike Bennett that was signed into law by Governor Crist. The Consumer Choice Act of 2007, House Bill 529, provides an environment that encourages new video providers, such as AT&T, to invest in Florida to compete against incumbent cable providers.
AT&T is deploying next-generation AT&T U-verse services as part of its mission to connect people with their world, everywhere they live and work, and do it better than anyone else. Through AT&T U-verse and the company's 100 percent IP platform, consumers will benefit from integrated AT&T services across the three screens they value most: the TV, the PC and the wireless phone.
For additional information on AT&T U-verse -- or to find out if it's available in your area -- visit http://uverse.att.com/, call 800-ATT-2020 or visit a local AT&T company-owned store.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine's World's Most Admired Telecommunications Company list and No. 1 on America's Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners. Yahoo!, the Yahoo! logos and other product and service names are the trademarks and/or registered trademarks of Yahoo! Inc.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information and detailed disclaimer information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Kelly Starling of AT&T Inc., +1-561-775-4259, +1-561-301-1414, kelly.starling@att.com
Web site: http://www.att.com/
Qualcomm Appoints Executives to Lead Africa and Middle East Operations
JOHANNESBURG, South Africa and DUBAI, United Arab Emirates, July 21 /PRNewswire/ --
Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator
of advanced wireless technologies and data solutions, today announced the
appointments of James Munn as the company's vice president of business
development for Sub-Sahara Africa and Jay Srage as its vice president of
business development for the Middle East and North Africa. In these roles,
Munn and Srage will lead Qualcomm's business operations in the regions and
manage the Company's strategic relationships with regional customers,
including network operators, infrastructure equipment providers, mobile
handset vendors and value-added service developers.
"The Middle East and Africa are complex blends of diverse market segments
that present unique challenges and considerable growth opportunities to
Qualcomm. James and Jay both bring an exceptional mix of telecom and consumer
product industry expertise to their positions, making them ideal candidates
to spearhead our growing business development efforts in the regions," said
Jing Wang, executive vice president of Qualcomm Asia Pacific and Middle
East/Africa. "The insight and leadership of these two executives puts
Qualcomm in a good position to strengthen its existing partnerships and
foster new relationships to expand its market reach."
Before joining Qualcomm, Munn was vice president of Samsung's mobile
division in South Africa, where he spearheaded Samsung's sales and marketing
activities and played a leading role in growing its regional market share.
Previously, he spent 10 years with Ericsson and most recently served as the
director of consumer products for Sony Ericsson in South Africa. Prior to
this, Munn worked in Europe for Matsushita Communications (Panasonic) during
the time when Europe started to migrate from analog to digital mobile
networks. Munn earned a Bachelor of Arts in international marketing from the
University of Greenwich in London.
Srage spent more than 10 years at Texas Instruments (TI), most recently
overseeing marketing operations for TI's wireless terminals business unit.
Srage also co-managed TI Ventures, the company's venture finance fund, where
he directed TI's investments in start-up companies focused on the wireless
and telecommunications industries. In prior roles, Srage was involved in
marketing and business development for TI's digital audio business unit.
Srage earned a Master of Business Administration from the University of
Chicago, a Master of Science in electrical engineering from the University of
Michigan - Ann Arbor and a Bachelor of Science in electrical engineering from
the American University of Beirut.
Qualcomm Incorporated (http://www.qualcomm.com) is a leader in developing
and delivering innovative digital wireless communications products and
services based on CDMA and other advanced technologies. Headquartered in San
Diego, Calif., Qualcomm is included in the S&P 500 Index and is a 2008
FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker
symbol QCOM.
Qualcomm is a registered trademark of Qualcomm Incorporated. All other
trademarks are the property of their respective owners.
Press Contacts:
Nono Matuwane, KCMC for Qualcomm SSA
Phone: +27-11-772-1007
Email: nono@kcmc.co.za
Bianca Morgan, Gulf Hill & Knowlton for Qualcomm MENA
Phone: +971-4-3344-930
Email: bianca.morgan@hillandknowlton.com
John Gilbert, Qualcomm Investor Relations
Phone: +1-858-658-4813
Email: ir@qualcomm.com
Web site: http://www.qualcomm.com
Qualcomm Incorporated
Nono Matuwane of KCMC for Qualcomm SSA, +27-11-772-1007, nono@kcmc.co.za; Bianca Morgan of Gulf Hill & Knowlton for Qualcomm MENA, +971-4-3344-930, bianca.morgan@hillandknowlton.com; or John Gilbert, Qualcomm Investor Relations, +1-858-658-4813, ir@qualcomm.com
Verizon Business Receives Prestigious British Standards Institution Designation for Information Security Management
BASKING RIDGE, New Jersey, July 21 /PRNewswire/ --
- Delivers Strong Security Offerings and Professional Service
Capabilities
Verizon Business joins only a handful of companies around the world to be
recognized by BSI Management Systems -- the world's leading international
standards, testing, registration and certification organization -- as a
leading provider of information security management.
BSI has inducted Verizon Business into its Associate Consultant Program
(ACP) for ISO/IEC 27001, an internationally recognized and publicly vetted
information security standard utilized in the development of information
security management systems. Acceptance into the program denotes that Verizon
Business passed a rigorous review of its comprehensive security portfolio and
professional security capabilities.
Only an elite group of vendors, which must have a proven track record of
offering strong value and performance to customers, are accepted into the BSI
Associate Consultant Program.
Verizon Business delivers unmatched security expertise and capabilities
to customers. Verizon Business security experts are among the best in the
industry -- and the world -- when it comes to security and risk management.
Many of these experts hold the Holistic Information Security Practitioner
(HISP) certification, which educates practitioners on best practices for
implementing multiple industry standards and regulatory requirements for
information security and privacy, as well as how to integrate the ISO 27000
Series of Information Security Standards with these security standards and
requirements.
Additionally, Verizon Business is one of the few security providers with
a truly global footprint. The 1,100-plus security team operates around the
world, supported by five state-of-the-art security operations centers (SOCs),
more than 200 data centers and one of the world's most expansive IP networks.
"We've heard time and again from security executives around the world
that the ISO Information Security Standard is the pre-eminent standard
against which they measure their security programs," said Kerry Bailey, vice
president of Verizon Business Security Solutions. "As such, Verizon Business
is pleased to further embrace this critical global standard. The synergy
between our holistic approach to security and the ISO Information Security
Standard makes us a natural fit to join the BSI Associated Consultant
Program."
Delivering a One-Two Punch With ISO 27000 Series of Information
Security Standards
Verizon Business embraces ISO 27001 when developing information security
programs for its customers. Its professional service experts work closely
with their customers to intimately understand their business and then apply
the principles of ISO 27001 in constructing an individualized security
program framework.
Once the foundation is laid, Verizon Business helps customers implement a
set of actual security controls, governed by the ISO 27002 Code of Practice
for Information Security Management, through Verizon Business' complementary
Security Management Program (SMP).
SMP, an integral part of the Verizon Business security portfolio, helps
reduce risk through a proactive, programmatic approach to security. Verizon
Business recently incorporated the ISO 27002 into the latest version of SMP.
ISO 27002 now provides the basis for evaluating SMP customer security
processes and procedures, allowing the customers to manage, monitor and align
their security controls with the global standard.
Together, ISO 27001 and 27002 help to define information security best
practices across an organization to better safeguard the integrity,
confidentiality and availability of critical company data.
Verizon Business Security Solutions Powered by Cybertrust
Enterprises and government agencies rely on Verizon Business to help them
manage security risk and protect critical company assets. Verizon Business
Security Solutions, a leading global provider of managed security services,
offers a comprehensive portfolio of security services powered by Cybertrust
that include governance risk and compliance solutions, data loss and
prevention solutions, identity management solutions, and managed security
services. The company's more than 1,100 security professionals around the
globe deliver these offerings through a range of managed services,
professional services and technologies, based on what best suits the
customer. More information is available by visiting
http://www.verizonbusiness.com/us/security. Specific information on the
Security Management Program is available by visiting
http://www.verizonbusiness.com/us/products/security/compliance/mgmt.
About BSI Management Systems
British Standards Institution (BSI) is the world's leading management
systems certification body. Founded in 1901, BSI has certified more than
60,000 locations in nearly 90 countries. Many 'Global 500' companies have
chosen BSI as their preferred ISO 9001:2000, ISO/TS 16949:2002, ISO
14001:2004 or ISO/IEC 27001:2005 certification body. BSI's certification
experience covers virtually every industrial and commercial sector, including
automotive, aerospace, chemical and allied processes, IT/software, and
service. BSI Management Systems America, Inc. is headquartered in Reston,
Virginia, with offices in Toronto, Canada, and Mexico City, Mexico to serve
the North American market. To learn more BSI's truly pioneering organization,
visit www.bsiamerica.com.
About Verizon Business
Verizon Business, a unit of Verizon Communications (NYSE: VZ), operates
the world's most connected public IP network and uses its industry-leading
global-network capabilities to offer large-business and government customers
an unmatched combination of security, reliability and speed. The company
integrates advanced IP communications and information technology (IT)
products and services to deliver leading enterprise solutions including
managed services, security, mobility, collaboration and professional
services. These solutions power innovation and enable the company's customers
to do business better. For more information, visit www.verizonbusiness.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
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.
Web site: http://www.verizon.com
http://www.verizon.com/news
http://www.verizonbusiness.com/us/security
http://www.bsiamerica.com
Verizon Business
Janet Brumfield, +1-614-723-1060, janet.brumfield@verizon.com, or Brianna Carroll Boyle, +1-703-859-4251, brianna.boyle@verizon.com, both for Verizon Business ; Company News On-Call: http://www.prnewswire.com/comp/094251.html
Verizon Business reçoit les honneurs du prestigieux organisme de certification British Standards Institution pour ses offres de gestion de la sécurité de l'information
PUTEAUX, France, July 21 /PRNewswire/ --
- Une nouvelle preuve de la fiabilité des offres de sécurité et des
services d'assistance professionnels de Verizon
Verizon Business rejoint la liste des quelques entreprises au monde
reconnues par BSI Management Systems, l'un des plus grands organismes au
monde de test, d'enregistrement et de certification aux normes
internationales, comme leader des solutions de protection de l'information.
BSI vient en effet d'inclure Verizon Business à son programme ACP
(Associate Consultant Program) de certification à la norme ISO/IEC 27001 sur
la sécurité de l'information, reconnue et appliquée à l'international pour le
développement de systèmes de gestion de la sécurité de l'information. Pour
participer à ce programme, Verizon Business a dû faire tester l'ensemble de
ses offres et services de sécurité professionnels.
Seuls les meilleurs fournisseurs, ayant apporté la preuve de la
performance et des atouts uniques de leurs offres, peuvent participer au
programme Associate Consultant Program de BSI.
Verizon Business s'est distingué par l'excellence de son expertise et de
ses technologies de sécurité. Ses experts de la sécurité figurent d'ailleurs
parmi les plus réputés de l'industrie - et du monde - en particulier pour la
gestion des risques et de la sécurité. Quantité d'entre eux détiennent la
certification HISP (Holistic Information Security Practitioner), qui atteste
de leur aptitude à appliquer les meilleures pratiques de l'industrie pour
implémenter des solutions de sécurité de l'information et de maintien de la
confidentialité conformes aux normes et réglementations de l'industrie, ainsi
qu'à la norme ISO 27000 sur la sécurité de l'information.
Verizon Business fait également partie des rares fournisseurs de
solutions de sécurité à jouir d'une véritable présence à l'international.
Plus de 1 100 experts de la sécurité opèrent partout dans le monde, soutenus
par cinq SOC (Security Operations Center), plus de 200 centres de données et
l'un des réseaux IP les plus étendus de la planète.
<< De nombreux experts de la sécurité à travers le monde avouent évaluer
avant tout la qualité de leurs programmes de sécurité sur la base de leur
conformité à la norme ISO de sécurité de l'information >>, explique Kerry
Bailey, Vice-président de Verizon Business Security Solutions. << C'est
pourquoi Verizon Business attache autant d'importance au respect de cette
norme. Tant de synergies émanent de la rencontre entre notre approche
holistique de la sécurité et celle de la norme ISO de sécurité de
l'information qu'il est naturel que nous rejoignions le programme Associated
Consultant Program de BSI. >>
Coup double pour Verizon Business qui adopte la norme ISO 27000 de
sécurité de l'information
Verizon Business adhère à la norme ISO 27001 pour le développement de ses
programmes client de sécurité de l'information. Ses experts des services
d'assistance professionnels collaborent étroitement avec les clients pour
tenter de cerner le mieux possible leurs activités métier avant d'appliquer
les principes de la norme ISO 27001 à la conception d'un programme
personnalisé de sécurité de l'information.
Une fois les bases du projet posées, Verizon Business aide ses clients à
mettre en place une série de mesures de contrôle de la sécurité conformes au
code de bonnes pratiques pour la gestion de la sécurité de l'information en
vertu de la norme ISO 27002, dans le cadre du programme complémentaire
Security Management Program (SMP) de Verizon Business.
SMP, partie intégrante du portefeuille de solutions de sécurité de
Verizon Business, participe à réduire les risques encourus par les clients
via une approche proactive et organisée de la sécurité. La dernière version
de ce programme intègre les principes de la norme ISO 27002. ISO 27002 pose
ainsi les bases de l'évaluation des processus et procédures de contrôle de la
sécurité des clients du programme SMP, leur permettant ainsi de gérer, de
superviser et d'aligner leurs mesures de contrôle de la sécurité sur cette
norme internationale.
Les normes ISO 27001 et 27002 régissent toutes deux la définition des
meilleures pratiques de sécurité de l'information qui contribuent à préserver
l'intégrité, la confidentialité et la disponibilité des données stratégiques
des entreprises.
Solutions de sécurité de Verizon Business optimisées par Cybertrust
Quantité d'entreprises et d'administrations ont déjà confié la gestion de
leurs risques et la protection de leurs ressources stratégiques à Verizon
Business. Les solutions de sécurité de ce fournisseur leader des services de
sécurité gérés s'accompagnent d'un riche portefeuille de services de sécurité
optimisés par Cybertrust couvrant la gestion des risques et de la mise en
conformité, la prévention et la protection contre les risques de perte de
données, la gestion des identités et les services de sécurité gérés. Ces
services gérés, services professionnels et produits, tous adaptables aux
besoins spécifiques de chaque client, sont supervisés partout dans le monde
par quelque 1 100 professionnels de la sécurité. Pour en savoir plus,
rendez-vous sur le site http://www.verizonbusiness.com/us/security.
Pour plus d'information sur le programme SMP (Security Management
Program), rendez-vous sur
http://www.verizonbusiness.com/us/products/security/compliance/mgmt.
A propos de BSI Management Systems
British Standards Institution (BSI) est le plus grand organisme mondial
de certification de systèmes de gestion. Fondé en 1901, BSI a déjà certifié
plus de 60 000 sites dans près de 90 pays. Organisme préféré de nombreuses
sociétés du classement << Global 500 >>, BSI est spécialisé dans la
certification aux normes ISO 9001:2000, ISO/TS 16949:2002, ISO 14001:2004 et
ISO/IEC 27001:2005. Ses compétences répondent aux besoins d'entreprises de
tous secteurs, tels que l'automobile, l'aéronautique, la chimie et processus
connexes, l'informatique/les logiciels et le tertiaire. BSI Management
Systems America, Inc. dessert le marché de l'Amérique du Nord depuis son
siège à Reston, en Virginie, et ses bureaux de Toronto, au Canada, et de
Mexico, au Mexique. Pour en savoir plus sur ce véritable pionnier,
rendez-vous sur www.bsiamerica.com.
A propos de Verizon Business
Verizon Business, une division de Verizon Communications, est l'opérateur
de réseau IP public enregistrant le plus de connexions au monde. Sa
couverture réseau internationale et ses technologies de pointe lui permettent
d'offrir aux grandes entreprises et aux administrations du monde entier des
garanties incomparables de sécurité, de fiabilité et de débit. En intégrant
les produits et services technologiques les plus évolués du monde IP, Verizon
Business propose aux entreprises une gamme éprouvée de services managés, de
sécurité, de mobilité, de travail collaboratif et de services professionnels,
leur permettant de stimuler l'innovation et d'améliorer leurs performances.
Pour en savoir plus, rendez-vous sur : www.verizonbusiness.com/fr
Web site: http://www.verizonbusiness.com/fr
http://www.verizon.com/news
http://www.verizonbusiness.com/us/security
http://www.bsiamerica.com
Verizon Business
Martial Pluque, +33-01-41-06-18-08, martial@axicom-france.com, ou Agathe Derégnaucourt, +33-01-41-06-18-27, agathe@axicom-france.com, ou Frédéric Aurivel, +33-01-70-73-78-86, frederic.aurivel@fr.verizonbusiness.com ; Company News On-Call: http://www.prnewswire.com/comp/094251.html
News Archives of July 2008
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec |