Companies news of 2008-08-11 (page 3)
GoAmerica Appoints Former FCC Commissioner Kathleen Q. Abernathy to Board of Directors
CACI Awarded $62 Million Contract with U.S. Army Quick Reaction and Battle Command Support...
Shell Brings More Consumers to the Pump With New Online OfferingsInteractive Tools, Games,...
Single Touch Systems, Inc. Completes Acquisition of Single Touch Interactive, Inc.
Atheros XSPAN PC Solutions Are First to Achieve Cisco Compatible Extensions Version 5...
CCID Consulting: Market Patterns Quietly Changing, EMC-RSA, Venus and Websence are Top...
Imation Extends Its Solid State Drive Product Line With Increased Performance, Higher...
Oracle(R) Fusion Middleware Delivers World Record Single-Node Result with...
Autodesk Announces Intent to Acquire 3D Geo, Leader in Geospatial Infrastructure and Urban...
Airtel Selects Oracle(R) Communications Network Integrity to Optimize Fiber-Optic...
CyberSource and Trustwave Partner to Secure ePayment DataPartnership Provides Complete Set...
Actel Expands Military-Qualified Flash-Based FPGA OfferingsHigh-Density ProASIC3 and...
Spansion CEO Bertrand Cambou to Keynote at 2008 Flash Memory Summit in Santa Clara
Diebold Reports 2008 Second Quarter Preliminary Financial ResultsProgress on operating...
Exar Adds SONET/SDH Clock and Data Recovery (CDR) OC-3/OC-12 SolutionDrop-In-Replacement...
Qiao Xing Mobile's New Luxury Brand VEVA S60 Mobile Handset Targets High-End Market and...
'When-Issued' Trading for IAC, HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and...
Alliance Data to Present at the Canaccord Adams 2008 Global Growth Conference
Xilinx Introduces New Development Kit for Building High-Performance Embedded Processing...
Hoya Announces First Quarter Financial Results for FY2008
ReneSola to Report Second Quarter 2008 Financial Results on August 19, 2008
Global Crossing Connects Norskan Offshore's Operations in BrazilDelivers IP Private...
Fluid Music's Trusonic(R) Is the Right Fit for Johnston & Murphy's Audio Brand
Perfect World to Announce Second Quarter 2008 Financial Results on August 18, 2008
Telanetix, Inc. to Present at Security Research Associates' 4th Annual Summer Technology...
Roxio Launches Online Storytelling PlatformEverything Families Need to Easily Capture and...
MIPS Technologies Announces USB PHY BreakthroughsIndustry's First 40nm and First...
VanceInfo Announces Joint Venture to Provide IT Outsourcing Services to Financial Services...
Corning Cable Systems 10G Ready FutureCom(TM) 10TENe Copper System Exceeds Most Stringent...
Le système Ready FutureCom(TM) 10TENe en cuivre de 10 Gbit de Corning Cable Systems...
GoAmerica Appoints Former FCC Commissioner Kathleen Q. Abernathy to Board of Directors
HACKENSACK, N.J., Aug. 11 /PRNewswire-FirstCall/ -- GoAmerica, Inc. , a provider of relay and wireless communications and professional interpreter services for deaf, hard-of-hearing, and speech-disabled persons, today announced the appointment of Kathleen Q. Abernathy to its Board of Directors.
Ms. Abernathy is an expert in the area of telecommunications and public policy having served as a commissioner at the Federal Communications Commission ("FCC"). Ms. Abernathy was confirmed unanimously by the U.S. Senate to a four-year term in 2001. While at the FCC, she was responsible for the development and implementation of policy in each of the areas under the FCC's jurisdiction, including wireless; domestic and international telecommunications; satellite; broadcast; cable; communications equipment manufacturers; and broadband, IP and other advanced communications technologies.
Before joining the FCC as a commissioner, Ms. Abernathy served as vice president, public policy at BroadBand Office Communications; as vice president, regulatory affairs at US West and as vice president, federal regulatory at AirTouch Communications (a predecessor company to Vodafone Communications). Earlier in her career, she served as a legal advisor to two FCC commissioners and as a special assistant to the agency's general counsel.
"While at the FCC, some of the most rewarding initiatives I had the privilege to work on were policy and regulatory matters related to communications accessibility for people who are deaf or hard of hearing," said Ms. Abernathy. "I continue to have a strong interest in these issues, and I'm thrilled to be part of a company that is focused on developing products and services that deliver functional equivalency and immediate telecommunications access to this community. GoAmerica's efforts with the FCC to date have been helpful to bring better services to the community, and I look forward to expanding on this foundation."
Ms. Abernathy received her B.A. magna cum laude from Marquette University in 1982 and her J.D. from Catholic University's Columbus School of Law in 1983. She is a member of the District of Columbia Bar and the Federal Communications Bar Association and has been honored by several organizations for her professional achievements including a recent selection as one of the 2007 Washington DC Super Lawyers. She also received the President's Medal in 2005 from the Catholic University of America; the Forerunner Accolade in 2002 from Women in Cable and Telecommunications for her commitment to encouraging, developing and promoting women in the industry; and the Milestone Award in 2001 from Catholic University's Columbus School of Law for her exemplary service to the law school and outstanding achievement in the field of communications law. In addition, she was named one of the most powerful women in television by Electronic Media magazine (October 2002). Ms. Abernathy serves on the board of Frontier Communications; on the advisory board of ictQATAR, the telecommunications regulator in Qatar; and on the board of the John Gardner Fellowship Association, Stanford University.
"We are thrilled to have Kathleen on board to help us further our mission of improving our customer's lives with enhanced communication services," said Dan Luis, CEO of GoAmerica. "We're looking forward to Kathleen's influence on all facets of our business."
"The addition of Kathleen to our board further demonstrates GoAmerica's commitment to ensuring that the deaf and hard of hearing communities get equal access to innovative technological advances in communications," added Behdad Eghbali, a partner at Clearlake Capital and board member of GoAmerica. "Kathleen's background and track record of accomplishments will help the Company navigate the public policy and regulatory landscapes that are specific to our industry."
About GoAmerica
GoAmerica is the nation's largest and second largest provider of text relay and video relay services, respectively, and provides an array of communications and interpreting services tailored to the needs of people who are deaf, hard-of-hearing, or speech-disabled. The Company's vision is to improve the quality of life of its customers by being their premier provider of high quality, innovative communication services that break down communications barriers. For more information on the Company or its services, visit http://www.goamerica.com/ or contact GoAmerica directly at TTY 201-527-1520, voice 201-996-1717, Internet Relay by visiting http://www.i711.com/, or video phone by connecting to hovrs.tv.
Safe Harbor
The statements contained in this news release that are not based on historical fact -- including statements regarding the anticipated results of the transactions described in this press release -- constitute "forward- looking statements" that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terminology such as "may", "will", "expect", "estimate", "anticipate", "continue", or similar terms, variations of such terms or the negative of those terms. Such forward- looking statements involve risks and uncertainties, including, but not limited to: (i) our ability to integrate the businesses and technologies we have acquired; (ii) our ability to respond to the rapid technological change of the wireless data industry and offer new services; (iii) our dependence on wireless carrier networks; (iv) our ability to respond to increased competition in the wireless data industry; (v) our ability to generate revenue growth; (vi) our ability to increase or maintain gross margins, profitability, liquidity and capital resources; and (vii) difficulties inherent in predicting the outcome of regulatory processes. Such risks and others are more fully described in the Risk Factors set forth in our filings with the Securities and Exchange Commission. Our actual results could differ materially from the results expressed in, or implied by, such forward-looking statements. GoAmerica is not obligated to update and does not undertake to update any of its forward looking statements made in this press release. Each reference in this news release to "GoAmerica", the "Company" or "We", or any variation thereof, is a reference to GoAmerica, Inc. and its subsidiaries. "GoAmerica", the "GoAmerica" logo, "i711", and the "i711.com" logo, and "Relay and Beyond" are registered trademarks of GoAmerica. "i711.com" and "i711 Wireless" are trademarks and service marks of GoAmerica. Other names may be trademarks of their respective owners.
CONTACT:
Laura Kowalcyk
CJP Communications
lkowalcyk@cjpcom.com
212-279-3115 x209
GoAmerica, Inc.
CONTACT: Laura Kowalcyk of CJP Communications for GoAmerica, Inc., +1-212-279-3115 x209, lkowalcyk@cjpcom.com
Web site: http://www.goamerica.com/ http://www.i711.com/
CACI Awarded $62 Million Contract with U.S. Army Quick Reaction and Battle Command Support DivisionS3 Award Continues CACI Support for Rapid Prototyping and Technology Insertion
ARLINGTON, Va., Aug. 11 /PRNewswire-FirstCall/ -- CACI International Inc announced today that it has been awarded a $62 million contract to support the Quick Reaction and Battle Command Support Division of the U.S. Army's Communications-Electronics Research, Development and Engineer Center's Command and Control Directorate (CERDEC C2D) located in Fort Monmouth, N.J. CACI won this three-year competitive award through the Strategic Services Sourcing (S3) contract vehicle the company holds with the Army. The company will support the client's current needs and transition future work on this contract, as required, to CACI's new facilities at the Army's Aberdeen Proving Ground, Md. With the award, CACI continues to strengthen its core competency in command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR).
The Quick Reaction and Battle Command Support Division provides CERDEC C2D with rapid prototyping and fielding of emerging C4ISR and related technology. The division designs, develops, builds, installs, integrates, tests, and fields such systems for all the armed services, for use in shelters, vehicles, aircraft, watercraft, and hand-held operation by troops in the field.
CACI's team provides a wide range of technical services and solutions in support of C2D. This includes engineering support for a U.S. Marine Corps mobile testing and repair facility, and prototyping and technology support for Army mobile command posts. The company and its teammates will develop computer-aided drawing and manufacturing applications that enable the Army to create "virtual" prototypes before committing to development. CACI will also work closely with C2D to identify, prototype, demonstrate, refine and test new C4ISR solutions that have promise for use in broader environments.
For more than 20 years, CACI has supported CERDEC, its commands, and many other Army organizations from offices at and around Ft. Monmouth, N.J. Now, while Army operations transition, CACI is able to provide additional support for CERDEC and other Army clients.
CACI President of U.S. Operations Bill Fairl said, "CACI brings a great track record to our support for the Quick Reaction and Battle Command Support Division. Our team's deep functional understanding of the division's highly complex and unique engineering efforts ensures minimal risk and high-quality technical support for this important client."
Paul Cofoni, CACI President and Chief Executive Officer, stated, "CACI continues to serve our clients wherever and whenever we are needed. We are proud of our work for commands at Fort Monmouth that deliver critical intelligence, engineering, and logistics services for our warfighters, and we are dedicated to providing tools and resources to support the seamless transition of these vital operations to their new home at the Army's Aberdeen Proving Ground."
CACI International Inc provides the professional services and IT solutions needed to prevail in today's defense, intelligence, homeland security, and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; information assurance, information operations, and cyber security services; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. We add value to our clients' operations, increase their skills and capabilities, and enhance their missions. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 12,100 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/.
There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from terrorist activities or war; changes in interest rates; currency fluctuations; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; government contract procurement (such as bid protest, small business set asides, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) accounting for convertible debt instruments; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.
Corporate Communications and Media
Jody Brown, Executive Vice President, Public Relations
703-841-7801, jbrown@caci.com
Investor Relations
David Dragics, Senior Vice President, Investor Relations
866-606-3471, ddragics@caci.com
CACI International Inc
CONTACT: Corporate Communications and Media, Jody Brown, Executive Vice President, Public Relations, +1-703-841-7801, jbrown@caci.com, or Investor Relations, David Dragics, Senior Vice President, Investor Relations, +1-866-606-3471, ddragics@caci.com
Web site: http://www.caci.com/
Shell Brings More Consumers to the Pump With New Online OfferingsInteractive Tools, Games, Giveaways and Product Information Now Just a Click Away
HOUSTON, Aug. 11 /PRNewswire/ -- Now consumers can win free Shell fuel, play a new racing game, and join a movement to help protect the nation's vehicles from gunk -- all online! Today Shell introduced a number of new, interactive components to its U.S. Web site, including the "Shell $2,900 EVERY DAY Giveaway" promotion with chances to win free Shell fuel every 29 minutes, a blog by automotive expert Dr. FuelGood, discussion boards, all-new videos featuring the Shell Passionate Experts, new Shell Refillable Cards, and much, much more! All of these efforts are designed to educate consumers about fuel quality and drive traffic to Shell stations across the country.
"These new additions to the Shell online line-up provide consumers with an experience that's both entertaining and informative," said Karen Wildman, Shell brand and communications manager. "Not only do we enjoy providing Shell customers with interactive games and giveaways, but it's also important for motorists to stay informed to ensure they are making smart decisions at the pump."
Win FREE Shell Fuel EVERY DAY
One of the new highlights of the site is the "Shell $2,900 EVERY DAY Giveaway" promotion, running August 4 through September 28. Spotlighting the No. 29 Shell-Pennzoil car, the promotion offers Shell customers the chance to instantly win $2,900 in free Shell fuel -- both online and at Shell retail locations. At participating stations, customers will receive a scratch-and-match game card with any fuel purchase -- they just scratch the gunk off the valves to see what they have won. Plus, the game cards will feature two online codes for more chances to win. By visiting http://www.shell.us/gasgiveaway, visitors can also play a Shell racing game for the chance to win free Shell fuel every 29 minutes and thousands of other great prizes, including No. 29 Shell-Pennzoil merchandise autographed by Kevin Harvick and a limited edition 105th Anniversary Harley-Davidson(R) Motorcycle. After playing only four game codes, participants can also download a FREE Shell racing game. Consumers may also write in for a free game card.
While Shell customers in Maryland, New Jersey and Virginia are not eligible for the "Shell $2,900 EVERY DAY Giveaway," they have their own chances to win by participating in the "Get a Free Race Cup" promotion. With a minimum purchase of 10 gallons while supplies last (no purchase required in New Jersey), customers can collect three 32 oz. collectible racing cups featuring the Richard Childress Racing drivers -- Kevin Harvick, Jeff Burton and Clint Bowyer.
Join the Gunk-Free Movement
Adding to the online experience, consumers are encouraged to stop by the all-new "Americans for a Gunk-Free Nation" (AGFN) Web pages and join the movement to help stop gunky build-up! With the help of ASE-certified mechanic and automotive expert Sam Memmolo, also known as "Dr. FuelGood," this group of passionate drivers is determined to help protect the nation's engines from gunk and keep America's vehicles healthy. The brand new pages feature Dr. FuelGood's blog, where visitors can participate in the dialogue as he blogs about vehicle health, car care and how to get the most out of every gasoline purchase. The pages also feature information about the harmful damage that can be caused by low-quality discount gasolines and the benefits of using high-quality gasolines, like those provided by Shell. Visit http://www.shell.us/livegunkfree to join the crusade and help wipe out gunk!
Learn from the Shell Passionate Experts
When it comes to fuel quality, Shell customers have continued to rely on the expertise of the Shell Passionate Experts, and now these two lab coat-wearing scientists have updated Web pages on the Shell U.S. site that include their all-new TV spots and online videos. Watch as the Passionate Experts launch a "Fuel Injector Symphony" and chat with Kevin Harvick about his "Minivan." All the new videos can be accessed via the "Jumbotron" in the virtual lobby. Visitors can also navigate through the virtual testing facility to experience the laboratory, garage, lounge and test bay. The pages include information about Shell gasolines, Shell and NASCAR, the Shell Platinum MasterCard and much more, and also offers widgets and screen saver downloads, cell phone ringtones, games and merchandise. Check it out at http://www.passionate-experts.shell.com/.
Customize your Shell Refillable Cards
Also joining the Shell online line-up is the all-new My Shell Bucks page. Participants can go online 24 hours a day, seven days a week, and instantly load up to $300 on their Shell Refillable Card, which can then be used like cash at any Shell station. Great for college-bound drivers, high-school drivers, or as gifts for relatives, friends, and family, the Shell Refillable Card can help motorists control and manage spending. Participants can also customize their card by choosing from six different modern styles -- so log on now to http://www.shell.us/shellrefillablecard.
To start your experience with Shell online, check out the individual pages or visit the Shell U.S. homepage at http://www.shell.com/us.
Shell Oil Products US, a subsidiary of Shell Oil Company, is a leader in the refining, transportation and marketing of fuels, and has a network of approximately 6,100 branded gasoline stations in the Western United States. Shell Oil Company is an affiliate of the Shell Group [ and ]. For more information, please visit http://www.shell.com/.
Disclaimer statement
This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "objectives", "outlook", "probably", "project", "will", "seek", "target", "risks", "goals", "should" and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this Report, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group's products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, project delay or advancement, approvals and cost estimates; and (m) changes in trading conditions. All forward-looking statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of this presentation, May 4, 2006. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this document.
The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this presentation, such as "oil in place" that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575 and disclosure in our Forms 6-K file No, 1-32575, available on the SEC website http://www.sec.gov/. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.
Shell Oil Products US
CONTACT: Media Line of Shell Oil Products US, +1-713-241-4544
Web site: http://www.shellus.com/ http://www.shell.us/ http://www.passionate-experts.shell.com/ http://www.shell.com/
Single Touch Systems, Inc. Completes Acquisition of Single Touch Interactive, Inc.
SAN DIEGO, Aug. 11 /PRNewswire-FirstCall/ -- Single Touch Systems, Inc. (SITO) (Single Touch or the Company) announced today that as a result of a recent merger completed July 24, 2008, Single Touch Systems has acquired Single Touch Interactive, Inc., an innovator in mobile commerce solutions and award-winning developer of Abbreviated Dial Codes (ADC). Single Touch Systems common stock trades under the symbol "SITO". To date, the Company has generated revenue through the estimated 15.5 million calls made by consumers dialing Single Touch ADCs.
Through Single Touch's ADC platform, mobile consumers are able to dial short branded phone numbers, Abbreviated Dial Codes, and then interact with a brand and easily complete transactions by simply pressing their mobile phone keypad. Dialing 411 for information is an example of an ADC.
"Single Touch Systems ties Web, retail and wireless seamlessly together through our Abbreviated Dial Code platform. The mobile marketplace is now ready for companies such as ours and being public is a continuation of our aggressive expansion and development to support our growing customer base," said Anthony Macaluso, CEO of Single Touch Systems.
Single Touch contract partners and ADC customers include some of the largest consumer brands and retailers in the world. Single Touch helps content providers extend their reach beyond the television and PC screens, and create new mobile distribution channels for their branded content. Consumer goods manufacturers and service providers are using ADCs for targeted and relevant advertising campaigns, and innovative customer service applications that provide tangible benefits to their customers. Major retailers and online companies are working with Single Touch on mobile couponing and ways to link e-commerce to mobile devices.
Forward-Looking Statements
Statements in this news release that are not historical facts are forward- looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.
About Single Touch Systems Inc.
Single Touch Systems Inc. provides wireless operators, consumer brands, and retailers with innovative mobile commerce delivery solutions. Single Touch enables consumers to engage their mobile phones as proxy wallets or brand/retail environments by simply dialing a short branded phone number, or Abbreviated Dial Code (ADC). Single Touch System's ADC platform is customizable to the needs of brands and retailers, creates whatever reporting is required, and facilitates operator direct billing for all services. Abbreviated Dial Codes, Mobile Coupon Platform, Listen Live Now, Mobile Idol and other programs make Single Touch Systems the only mobile commerce participant to link wireless with on-line and brick and mortar business, leveraging the paradigm shift in how people use their mobile devices. In doing so, Single Touch Systems drives revenue for operators, retailers and brands and streamlines purchasing options for the end user. For more information please visit http://www.singletouch.net/.
CONTACT:
Dana Knight
Bock Communications for Single Touch Systems
dknight@bockpr.com
949-428-8220
Single Touch Systems, Inc.
CONTACT: Dana Knight of Bock Communications, +1-949-428-8220, dknight@bockpr.com, for Single Touch Systems, Inc.
Web site: http://www.singletouch.net/
Atheros XSPAN PC Solutions Are First to Achieve Cisco Compatible Extensions Version 5 CertificationWorld's Most Widely Adopted 802.11n Wi-Fi Technology Supports Cisco's Enterprise Security and Management Features
SANTA CLARA, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Atheros Communications, Inc. , a leading developer of advanced semiconductor system solutions for wireless and wired communications, today announced that its XSPAN(R) AR9280 and AR9281, the industry's first shipping, single-chip 802.11n solutions for the PC market, are also the first wireless LAN (WLAN) chipsets to be certified for the new Cisco Compatible Extensions Program Version 5 (CCX V5). XSPAN is the industry's most widely adopted 802.11n technology, and is contained in a breadth of products worldwide, including PCs for the enterprise and consumer markets, retail, enterprise and carrier networking equipment, and consumer electronics devices.
Several PC OEMs are currently launching notebook platforms that feature Atheros' popular dual-band AR9280 or single-band AR9281 PCI Express (PCIe) designs to bring industry-leading 802.11n performance, and power and cost efficiencies to their customers. With this latest Cisco Compatibility Extensions certification, PC OEMs using Atheros' XSPAN can assure enterprise customers of platform interoperability with Cisco's latest wireless infrastructure.
Cisco's Compatible Extensions Program Version 5 enables state-of-the-art enterprise-class security, management and troubleshooting capabilities for a wide array of mobile devices. This newest version of Cisco Compatible Extensions not only protects data frames -- as addressed by the 802.11i standard -- but also secures management frames with a layer of authentication and encryption to prevent network Denial of Service attacks through the WLAN. The Management Frame Protection provides additional enhancements to wireless security, and instantly detects and reports attacks to Cisco's Wireless Control System (WCS) to facilitate timely and accurate network management. The specification also significantly expands troubleshooting capabilities by providing automated diagnostic tests and reporting to the network management system for performance evaluation, application guarantees and problem solving.
"Cisco Compatible Extensions Version 5 helps ensure optimum performance and interoperability with Cisco's Unified Wireless Network and Mobility Services," said Christophe Servais, Cisco's marketing manager of mobility solutions. "Atheros provides a combination of industry-leading 802.11n performance with state-of-the-art Compatible Extensions interoperability to PC customers who wish to enhance the quality of wireless computing, voice, location and other enterprise applications and services."
Atheros XSPAN PCIe solutions deliver high bandwidth 802.11n performance for enterprise notebooks of up to 300 Mbps physical data rates per band. The Atheros solutions certified as Cisco Compatible Extensions support important industry standards including WMM(R) (Wi-Fi Multimedia(TM)), and Wi-Fi Protected Set-Up(TM) via Atheros' JumpStart for Wireless(TM), the company's industry standardized simple network configuration software.
"All of Atheros' client solutions are capable of supporting Cisco Compatible Extensions to enable a better wireless user and IT management experience," said Todd Antes, vice president of wireless networking and computing for Atheros. "Today, enterprise network administrators are faced with the challenge of intelligently managing an increasing number and variety of devices connected to the wireless LAN -- from notebook PCs to MIDs to handsets. Cisco Compatible Extensions Version 5 provides the latest tools to help simplify wireless LAN management and provide enterprise-class, bullet-proof security."
For more information about Cisco's Compatible Extensions Program, please visit http://www.cisco.com/web/partners/pr46/pr147/partners_pgm_concept_home.html
About Atheros Communications, Inc.
Atheros Communications is a leading developer of semiconductor system solutions for wireless and wired communications products. Atheros combines its wireless and networking systems expertise with high-performance radio frequency (RF), mixed signal and digital semiconductor design skills to provide highly integrated chipsets that are manufactured on low-cost, standard complementary metal-oxide semiconductor (CMOS) processes. Atheros technology is used by a broad base of leading customers, including personal computer, networking equipment and consumer device manufacturers. For more information, please visit http://www.atheros.com/ or send email to info@atheros.com.
Atheros, the Atheros logo, XSPAN and JumpStart for Wireless are trademarks of Atheros Communications, Inc. All other trademarks mentioned in this document are the sole property of their respective owners.
Note on Forward Looking Statements
Except for the historical information contained herein, the matters set forth in this press release, including the features, benefits and performance of Atheros' and Cisco's products, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including, but not limited to, difficulties in the development of new and enhanced products, general economic conditions, the effects of competition and technological change, and the risks detailed in Atheros' Annual Report on Form 10-K for the year ended December 31, 2007 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2008 and June 30, 2008, as filed with the Securities and Exchange Commission, and in other reports filed with the SEC by Atheros from time to time. These forward-looking statements speak only as of the date hereof. Atheros disclaims any obligation to update these forward-looking statements.
Atheros Communications, Inc.
CONTACT: Dakota Lee of Atheros Communications, Inc., +1-408-720-5597, dakota@atheros.com; Dan Munoz, +1-650-762-2918, dmunoz@ar-edelman.com, of A&R Edelman for Atheros; IR Contact: Deborah Stapleton, +1-650-470-0200, deb@stapleton.com, of Stapleton Communications for Atheros Communications, Inc.
Web site: http://www.atheros.com/
CCID Consulting: Market Patterns Quietly Changing, EMC-RSA, Venus and Websence are Top Three in China's Information Security Market
BEIJING, Aug. 11 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong: 8235.HK), recently released its article on China's information security market in 2008Q2.
CCID Consulting's latest data shows that China's information security product market reached 1.827 billion Yuan in 2008Q2, up 25.4% year-on-year. Product structure has changed drastically: firewall and IDS shares are still decreasing, with firewall shares down 1.8% over 2007Q2; new trendy markets are gradually becoming more active, such as terminal security management, security management, SOC and UTM, their growth rate is respectively 38.1%, 37.8%, 32.4% and 27%. Based on characteristic products and service's rapid development, EMC-RSA, Venus and Websense will impact the market with its powerful competitive edge.
In product segments, the market has following four characteristics:
1. Service assurance and disaster prevention demands are driving the development of disaster backup
After China encountered natural disasters such as the 2008 snowstorm and the Sichuan earthquake, communications were interrupted, governmental and enterprises' information system paralysis caused great losses. Disaster prevention and reduction become a new focus. Information system's safety guarantee has been improved to a new height, which drives disaster backup planning and the construction process of governments, banks, electric power, civil aviation, railway, securities, tax, custom and insurance. The demands for service and disaster backup outsourcing, disaster recovery, business continuous planning and consulting, data recovery, business continuous management service, continuous data protection, data remote replication, and system disaster recovery are all increasing rapidly. Disaster backup's software, hardware, solutions and services provided by IBM, HP, GDS, Symantec, SEPATON, NetApp and BakBone are more mature. Disaster backup market's development space will be wider.
2. Competition is Heating up, 10 Gigabit is UTM's Next Focus
As the segment product with the rapidest development in China's information security product market in 2007, UTM attracts domestic and foreign manufacturers' broad attention. Fortinet and Venustech are the top two in this market; however, restricted by performance, their practical application could not attain the desired effect. Therefore, many manufacturers will challenge 10 gigabit in 2008. On May 28, Venustech launched the 10 gigabit multi-core UTM platform -- USG-10000, becoming the second manufacturer which produces 10 gigabit firewall and IPS, following Crossbeam. On June 25, LeadSec launched 10 gigabit UTM security gateway solutions. Together with Fortine's contribution, UTM industrial application's biggest obstacle -- performance bottleneck -- achieved a breakthrough, 10 gigabit UTM has become one of security manufacturers' strengths' symbols; however, OEM or simple imitation is not enough to support continued development, China's UTM manufacturers need to further improve independent R&D ability to give fiercer competition in the future.
3. Pay Attention to Ability, Qualification Becomes the Criteria to Information Security Service Providers
Information security service's wide popularity is attracting more and more participants. As a new business, its market needs to be normative: Beijing and Jiangsu are active to make e-government information security service qualification identification criteria, which provides criteria to information security system integration, information system risk assessment, and information security consulting and system security operation maintenance ability. Security service manufacturers with powerful strengths such as Venustech, Neusoft, TOPSEC, Taiji, 30 SAN Information System and Netpower have acquired first class qualification in Beijing Information Security Service Ability Evaluation, which shows qualification has become a criteria to information security service providers.
4. Improve Efficiency, Enterprise Internet's Behavior Management Market Is Heating up
Enterprise Internet's behavior management carries through strategy selection, monitoring, and auditing to the behaviors which visit internal organizations so as to improve production efficiency and network resources' utilization, prevent security threats and sensitive information leakage. Management category not only limits in network security management, but also covers enterprise management and development. Therefore, with the promotion of NetentSec Inc., Websense and SINFOR, enterprise Internet behavior management market will attract more and more attention. Brand recognition will be the key of next stage competition.
About CCID Consulting
CCID Consulting Co., Ltd. (hereinafter known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: 8235.HK), is directly affiliated with China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen, Wuhan and Chengdu, with over 300 professional consultants after many years of development. The company's business scope has covered over 200 large and medium-sized cities in China.
Based on major areas of competitiveness: industrial resources, information technology and data channels, CCID Consulting provides customers with public policy establishment, industry competitiveness upgrading, development strategy and planning, marketing strategy and research, HR management, IT programming and management. CCID Consulting's customers range from industrial users in electronics, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks. CCID Consulting commits itself to becoming the No. 1 advisor for enterprise management, the No. 1 consultancy for government decisions and the No. 1 brand for informatization consulting.
For more information, please contact:
Cynthia Liu
Coordinating Manager
CCID Consulting Co., Ltd.
Tel: +86-10-8855-9080
Email: liuyan@ccidconsulting.com
CCID Consulting Co., Ltd.
CONTACT: Cynthia Liu, Coordinating Manager of CCID Consulting Co., Ltd., +86-10-8855-9080, or liuyan@ccidconsulting.com
Imation Extends Its Solid State Drive Product Line With Increased Performance, Higher Capacities and Additional Interface SupportExtreme System Acceleration and Increased Data Storage Ideal for High Performance Applications
OAKDALE, Minn., Aug. 11 /PRNewswire-FirstCall/ -- Imation Corp. today introduces an extension of its Solid State Drive (SSD) solutions product line ideal for power users seeking a high-performance solution to help fuel the demands of their business. New products in Imation's SSD family include the PRO 7500, which delivers the latest-generation solid state storage technology with increased speed and capacity; and the PRO 7000 PATA, which provides an easy-upgrade solution for legacy equipment with high-performance needs still using the standard PATA interface. Both the PRO 7500 and 7000 PATA products are powered by Mtron technology.
Imation SSDs provide the benefits of leading SSD-controller technology combined with Imation's more than 50 years of data storage and technology service expertise to support customers in their unique environments.
"With our recent SSD product introductions, Imation continues to keep our customers ahead of the technology curve by providing superior, solid state drive solutions that push the envelope, yet still enable users to leverage their current equipment," said Subodh Kulkarni, vice president, Global Commercial Business, R&D and Manufacturing, Imation.
SSD is a data storage technology, which utilizes solid state memory. An Imation SSD emulates a hard disk drive (HDD) but has no motors or moving parts, providing faster, more robust and more reliable data storage than traditional HDDs with improved durability and shock resistance, while reducing overall heat and noise generation.
Imation SSD PRO 7500
The SSD PRO 7500 series is an ideal solution for individual and business applications with extreme performance needs such as high-performance workstations, storage arrays, database servers, Web servers and other network appliances. Featuring an ultra-high-speed internal data bus, the PRO 7500 delivers extremely high-sustained read (130 MB/sec) and write speeds (120 MB/sec), impressive input and output operations per second (IOPS) performance of 83,000 sequential read and 19,000 random read, SATA 3.0 Mbps interface and virtually no seek time.
With less than half the weight of traditional hard drives, plus reduced power consumption, the PRO 7500 packs a powerful solution with superior drive performance in a lightweight, power-efficient design. With mean-time-between failures (MTBF) of one million hours, the PRO 7500 provides outstanding product reliability in a rugged package designed for harsh environments.
Imation SSD PRO 7000 PATA
Imation SSD PRO 7000 PATA makes it easy to upgrade legacy equipment for high-performance needs using the standard PATA interface. Featuring an ultra-high-speed internal data bus, the PRO 7000 PATA delivers extremely high-sustained read (130 MB/sec) and write speeds (120 MB/sec), impressive IOPS performance of 27,000 sequential read and 18,000 random read with virtually no seek time.
In addition to the expected SSD benefits of performance, reliability and environmental endurance, the PRO 7000 PATA makes it easy to install and use with standard PATA interface support providing an ideal solution for upgrading legacy equipment.
Pricing and Availability
The Imation SSD PRO 7500 and PRO 7000 PATA are available in the United States in both 2.5 and 3.5 inch configurations, 16 GB to 128 GB and SATA and PATA interfaces. Starting manufacturer suggested retail price of both the PRO 7500 and PRO 7000 PATA is U.S. $499.99. For additional information on Imation's SSD products, go to http://www.imation.com/ssd.
About Imation Corp.
Imation is a leading global developer and marketer of branded offerings that enable people to capture, save and enjoy digital information. Our world-class portfolio of digital storage products, audio and video electronics, and accessories reaches customers through a powerful global distribution network. The result is a company with strong commercial and consumer businesses and continued long-term growth and profitability that creates shareholder value.
Imation Corp.'s global brand portfolio, in addition to the Imation brand, includes the Memorex brand, one of the most widely recognized names in the consumer electronics industry, famous for the slogan, "Is it live or is it Memorex?" and the XtremeMac brand. Imation is also the exclusive licensee of the TDK Life on Record brand, one of the world's leading recording media brands. Additional information about Imation is available at http://www.imation.com/.
Imation, the Imation logo, Memorex, the Memorex logo, 'Is it live or is it Memorex?' and XtremeMac are trademarks of Imation Corp. and its subsidiaries. The TDK Life on Record logo is a trademark of TDK Corporation. All other trademarks are property of their respective owners.
Imation Corp.
CONTACT: Mary Rawlings-Taylor of Imation Corp., +1-651-704-6796, mjrawlings-taylor@imation.com; or Sarah Sbordone, +1-602-808-1167, ssbordone@brodeur.com, or Lisa Grau, +1-760-635-8640, lgrau@brodeur.com, both of Brodeur for Imation Corp.
Web site: http://www.imation.com/
Oracle(R) Fusion Middleware Delivers World Record Single-Node Result with SPECjAppServer2004 Benchmark on HP ProLiant ServerOracle(R) WebLogic Server Demonstrates Groundbreaking Performance
REDWOOD SHORES, Calif., Aug. 11 /PRNewswire-FirstCall/ -- -- Today, Oracle announced that Oracle WebLogic Server, a component of Oracle Fusion Middleware, together with Oracle Database 11g running on an HP ProLiant server, set a world record single-node result with the SPECjAppServer2004 industry standard benchmark.(1)
-- Oracle WebLogic Server 10g Release 3 with Oracle Database 11g, achieved 3,339.94 SPECjAppServer2004 JOPS@Standard (jAppServer Operations Per Second). The Java Application Server was running on a HP ProLiant DL580 G5 with four Quad-Core Intel(R) Xeon(R) 2.93 GHz processors. Oracle Database 11g was running on an identical hardware configuration. Both application server and database machines were running the Linux Operating System.
-- Over the past five years, Oracle has submitted record-setting application server benchmarks on a broad range of hardware and software platforms. Oracle is the performance and price/performance leader in multiple SPECjAppServer 2001(2) and SPECjAppServer2002(3) benchmark categories and also holds the world records for best performance and price/performance in the Ecperf(4) benchmark of J2EE application servers reported in July 2002.(4)
-- SPECjAppServer2004 is a multi-tier benchmark for measuring the performance of a representative J2EE application and each of the components that make up the application environment, including hardware, application server software, JVM software, database software, JDBC drivers and the system network. For more information, visit http://www.spec.org/jAppServer2004/.
Supporting Quotes
-- "This world record result is further proof that Oracle Fusion Middleware leads the industry in Java application server performance and is a strong indicator of Oracle WebLogic Server's superior capabilities in real- world conditions," said Juan Loaiza, senior vice president, Systems Technology, Oracle. "Oracle WebLogic Server is a strategic addition and delivers key advancements to the Oracle Fusion Middleware family of comprehensive, pre-integrated and hot pluggable products."
Related Links
Oracle Benchmarks
http://www.oracle.com/solutions/performance_scalability/index.html
About Oracle Fusion Middleware
Oracle Fusion Middleware is a comprehensive, pre-integrated and hot- pluggable product line used by more than 77,000 customers worldwide in every industry. The comprehensive, standards-based family of middleware infrastructure products - ranging from the #1 Java application server to leading Enterprise 2.0 portals and content management products - provides companies and the public sector with the technology solutions they need when they need them. Oracle Fusion Middleware products are pre-integrated with one another and with Oracle Database and Applications products to enable a lower cost of ownership. Unique hot-pluggable capabilities allow customers to extend existing investments in heterogeneous IT environments. Oracle Fusion Middleware is supported by an ecosystem of more than 11,000 independent software vendors, value-added resellers and system integrators. For additional information visit: http://www.oracle.com/middleware.
About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.
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Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
SPEC, SPECjAppServer are registered trademarks of Standard Performance Evaluation Corporation. All results from http://www.spec.org/ as of 07/31/08
(1) HP ProLiant DL580 G5 server , each with 16 cores/4 chips, Oracle WebLogic Server, 3339.94 JOPS@Standard.
(2) Sun Microsystems SunFire V1280 with Oracle9i Application Server, 521.86Bops/min@Std, $1,133.64/BBops (Best performance SPECJAppServer 2001 Dual Node category). Oracle9i AS Release 2 Standard Edition on HP DL360, 183.33 BBops/min@Std, $325.13/BBops (Best price performance SPECJAppServer2001 Dual Node category). Oracle9iAS Release 2 on HP rp8400 Cluster, 2,529.10 BBops, $1342.74/Bbops (Best performance SPECJAppServer2001 MultipleNode category). Oracle9iAS Release 2 on HP ProLiant ML530G2 Cluster, 558.85 BBops/min@Std, $389.66/BBops (Best price performance SPECJAppServer2001MultipleNode category). Source: http://www.spec.org/. For more information regarding SPECJAppServer2001 results, please visit: http://www.spec.org/jAppServer2001/results/jAppServer2001.html.
(3) Fujitsu-Siemens Computers' PRIMEPOWER 450/2500, Oracle Application Server 10g: 5,991.73 TOPS@MultipleNode, 654.20 Euros TOPS@MultipleNode (Best Overall Performance Result, SPECJAppServer2002 benchmark).
(4) Sun Fire 3800 cluster with Oracle9i AS Release 2, 61,862.77 BBops/min@Std, $28/BBops (Best Overall Performance, ECperf benchmark). HP DL360G2 cluster with Oracle9i AS Release 2, 24,639.37 BBops/min@Std, $5/BBops (Best Overall price/performance, ECperf benchmark). For more information regarding ECperf benchmark results, please visit: http://web.archive.org/web/20050306014256/ecperf.theserverside.com/ecperf/ index.jsp?page=results/performance.
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Oracle
CONTACT: Teri Whitaker, +1-650-506-9914, teri.whitaker@oracle.com, or Jim Rivas, +1-650-506-8879, james.rivas@oracle.com, both of Oracle
Web site: http://www.oracle.com/
Autodesk Announces Intent to Acquire 3D Geo, Leader in Geospatial Infrastructure and Urban Modeling Solutions
SAN RAFAEL, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Autodesk, Inc. today announced that it has signed a definitive agreement to acquire substantially all the assets of 3D Geo GmbH, a privately held maker of intelligent 3D urban models software, based in Potsdam, Germany. 3D Geo offers software and services for geo-visualization: solutions for effectively creating, analyzing, managing, and distributing large-scale geo information.
This acquisition would augment Autodesk's offerings for utilities, telecommunication firms, and state and local governments. Financial terms of the transaction were not disclosed.
"We look forward to welcoming the 3D Geo team," said Lisa Campbell, vice president, Autodesk Geospatial. "Their success and commitment to building great 3D urban modeling and visualization software should provide a critical component of the overall solution for our customers."
"We believe that Autodesk and 3D Geo together can accelerate our mutual vision to develop integrated world-class customer solutions," said Marc Hildebrandt, managing director of 3D Geo.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the performance of its business. Factors that could cause actual results to differ materially include the following: difficulties encountered in closing and subsequently integrating 3D Geo's business; whether certain market segments grow as anticipated; the competitive environment in the software industry and competitive responses to the acquisition; and whether Autodesk can successfully develop new products or modify existing products and the degree to which these gain market acceptance.
About Autodesk
Autodesk, Inc. is the world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art digital prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.
About 3D Geo
3D Geo GmbH, a spin-off company of the Hasso Platter Institute, is a pioneer in the field of geo-visualization software. The company employs the best research data available in order to produce its market-leading software. The products of 3D Geo are made in accordance with international standards such as CityGML. For additional information about 3D Geo, please visit http://www.3dgeo.de/ or http://www.landxplorer.com/
Autodesk and AutoCAD are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to alter product offerings and specifications at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.
(C) 2008 Autodesk, Inc. All rights reserved.
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Contact:
Brett Smith, 415-547-2405
brett.smith@autodesk.com
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Autodesk, Inc.
CONTACT: Brett Smith of Autodesk, Inc., +1-415-547-2405, brett.smith@autodesk.com
Web site: http://www.autodesk.com/
Airtel Selects Oracle(R) Communications Network Integrity to Optimize Fiber-Optic NetworkLeading Integrated Communications Service Provider to Implement Oracle to Help Improve Network Management and Streamline Business Operations
REDWOOD SHORES, Calif., Aug. 11 /PRNewswire-FirstCall/ -- -- Bharti Airtel Limited (Airtel), one of India's leading integrated communications service providers, has selected Oracle(R) Communications Network Integrity to help optimize the use of its extensive national fiber-optic network.
-- Inaccurate network inventory can increase capital expenditure, impact service quality and compromise financial reporting and compliance. Oracle Communications Network Integrity will give Airtel enterprise-wide visibility of its network assets by enabling the constant auditing of inventory data quality and providing a user-friendly mechanism to identify and reconcile data discrepancies. This automated solution will replace Airtel's burdensome manual processes for assessing and reconciling its network assets and capacity to help streamline business operations.
-- Further, by enabling improved data accuracy between the live network and the operational support systems (OSS), Oracle Communications Network Integrity will help Airtel improve service-provisioning capabilities and reduce errors, ultimately allowing improved customer satisfaction. It will also help Airtel optimize its capital expenditures for its extensive national network.
-- Oracle, a significant provider of OSS and business support systems (BSS) to Airtel since 1997, is a key component of Airtel's Service Delivery Platform infrastructure that already touches 71 million customers and is expected to support 200 million customers by 2010.
-- Airtel leverages Oracle's comprehensive suite of communications applications, including several components of Oracle Communications Service Fulfillment Suite, Oracle E-Business Suite, Oracle CRM, Oracle Fusion Middleware and Oracle Database.
Supporting Quotes
-- "We have used Oracle's technology, business applications and communications industry applications for 10 years. The new network discovery and reconciliation product will greatly enhance Airtel's network utilization and enable us to further improve provisioning accuracy with reduced errors -- all leading to improved customer satisfaction," said Jai Menon, director of customer service and information technology, Bharti Airtel Limited.
-- "Airtel is a testament to the proven value Oracle can deliver to the communications industry through our comprehensive suite of software offerings. Our deep relationship with Airtel gives us an opportunity to deploy cutting-edge communications software products in the rapidly growing Indian market. Airtel's implementation of Oracle Communications Network Integrity will be one of the first with such a widespread scale and complexity," said Bhaskar Gorti, senior vice president and general manager, Oracle Communications.
Related Links
Oracle Communications: http://www.oracle.com/industries/communications
Oracle Communications Network Integrity Data Sheet: http://tinyurl.com/oracle-net-integrity-ds
Oracle Communications Network Integrity White Paper: http://tinyurl.com/6r7kwa
About Oracle Communications
Oracle is #1 in Communications globally with 20 of the world's top 20 telecommunications companies running Oracle applications. Oracle Communications integrates industry-specific BSS and OSS solutions with the capabilities of Oracle's industry-leading enterprise applications, business intelligence tools, and carrier-grade middleware and database technologies. Oracle Communications enables service providers to deliver next generation convergent services rapidly, increase customer satisfaction and loyalty, and reduce costs in the business and the network. For more information, visit http://www.oracle.com/industries/communications.
About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com/.
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
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Oracle
CONTACT: Caroline Yu of Oracle, +1-650-506-8920, caroline.yu@oracle.com; or Janice Hazen of O'Keeffe & Company, +1-770-938-4753, jhazen@okco.com, for Oracle
Web site: http://www.oracle.com/
CyberSource and Trustwave Partner to Secure ePayment DataPartnership Provides Complete Set of Payment Security Services for Merchants
MOUNTAIN VIEW, Calif. and CHICAGO, Aug. 11 /PRNewswire-FirstCall/ -- CyberSource Corporation , a leading provider of electronic payment and risk management solutions, and Trustwave, the leading provider of on-demand data security and payment card industry compliance management solutions to businesses and organizations throughout the world, have announced a partnership to provide payment security solutions to Trustwave and CyberSource merchants in the United States and Europe. Industry-leading payment security technologies and consulting services from both companies will help merchants streamline compliance validation with the Payment Card Industry Data Security Standard (PCI DSS), providing a complete set of payment security services for merchants.
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PCI DSS is the payment card industry security requirement for entities that store, process or transmit cardholder data, and has been endorsed by all the major card brands -- Visa Inc., MasterCard Worldwide, Discover Network, American Express and JCB. The PCI DSS is a framework for the secure handling of cardholder data.
Recognized as CyberSource's preferred Qualified Security Assessor (QSA), Trustwave will offer CyberSource merchants a comprehensive compliance validation program, including its Risk Profiler, an online portal that defines data security risk associated with credit card acceptance practices. Trustwave's Risk Profiler is the first stage of its TrustKeeper(R) on-demand compliance management program. TrustKeeper provides merchants with access to tools necessary to validate PCI DSS compliance including the Self-Assessment Questionnaire and quarterly network vulnerability scanning, and when necessary, remediation recommendations. Additionally, Trustwave will work with CyberSource Global Services to provide merchants application testing and other forensic services. These proprietary security solutions, along with Trustwave's managed security services, will help merchants facilitate and maintain ongoing PCI DSS compliance validation.
Similarly, Trustwave will offer its merchants CyberSource Secure Storage and Hosted Payment Acceptance solutions to reduce the scope of PCI DSS compliance by removing payment data storage and handling from the merchant environment. Trustwave will also work with CyberSource Global Services to provide security remediation to address gaps in PCI DSS compliance. For more information on these CyberSource services, go to http://www.cybersource.com/products_and_services/payment_security/.
"We believe joint marketing of the talents of our two companies will yield the most complete set of payment security services for e-commerce merchants," said David Glaser, vice president, CyberSource Global Services. "Both companies will be better able to serve the needs of their customers. We are delighted to be partnering with Trustwave, long one of the world's leaders in payment card security compliance management."
"This partnership really drives the talent of both organizations into a comprehensive solution that benefits the merchant," said Robert J. McCullen, chairman and CEO of Trustwave. "It's our goal to secure the payment environment to limit the opportunity for a data compromise and by teaming with CyberSource, we're able to provide our merchants a solution to limit data storage and handling."
About CyberSource
CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Approximately 238,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States including Bellevue, Washington and American Fork, Utah. For more information on CyberSource please visit http://www.cybersource.com/ or email info@cybersource.com. For more information on Authorize.Net small business solutions, please visit http://www.authorize.net/ or email sales@authorize.net.
About Trustwave
Trustwave is the leading provider of on-demand and subscription-based information security and payment card industry compliance management solutions to businesses and government entities throughout the world. For organizations faced with today's challenging data security and compliance environment, Trustwave provides a unique approach with comprehensive solutions that include its flagship TrustKeeper(R) compliance management software and other proprietary security solutions. Trustwave has helped more than 30,000 organizations-ranging from Fortune 500 businesses and large financial institutions to small and medium-sized retailers-manage compliance and secure their network infrastructure, data communications and critical information assets. Trustwave is headquartered in Chicago with offices throughout North America, South America, Europe, Africa, China and Australia. For more information, visit https://www.trustwave.com/.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995
Statements in this release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding the company's expectations, objectives, anticipations, plans, hopes, beliefs, intentions or strategies regarding the future. Forward-looking statements in this release include, statements regarding: (1) helping merchants streamline Payment Card Industry Data Security Standard (PCI DSS) compliance; and (2) providing the most complete set of payment security services for merchant. Factors that could cause actual results to differ materially from the forward looking statements include risks and uncertainties such as, changes in customer needs, new products and services offerings by the company and its competitors, any unforeseen event or any unforeseen system failures, and other risks indicated in our filings with the Securities and Exchange Commission. It is important to note that actual outcomes could differ materially from those in such forward-looking statements. Readers should also refer to the documents filed by CyberSource with the Securities and Exchange Commission, specifically the annual report filed on Form 10-K for the year ended December 31, 2007, filed with the Securities and Exchange Commission on March 11, 2008, and our quarterly reports filed on Form 10-Q from time to time, all of which identify important risk factors.
(C)2008 CyberSource Corporation. All rights reserved. CyberSource is a registered trademark in the U.S. and other countries. All other brands and product names are trademarks or registered trademarks of their respective companies.
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CyberSource Corporation
CONTACT: Michelle Genser of Trustwave, +1-312-873-7288, mgenser@trustwave.com; or Bruce Frymire of CyberSource, +1-650-965-6042, bfrymire@cybersource.com
Web site: http://www.cybersource.com/ http://www.authorize.net/ https://www.trustwave.com/
Actel Expands Military-Qualified Flash-Based FPGA OfferingsHigh-Density ProASIC3 and ProASIC3EL Devices Offer Low Power and High Reliability for Thermally-Challenged and Space-Constrained Military Applications
MOUNTAIN VIEW, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Extending its low-power leadership and the reliability benefits of its higher density flash-based FPGA technologies, Actel Corporation today announced it has added new ProASIC(R)3 and ProASIC(R)3EL FPGAs to its military-qualified product offerings. Verified to operate across the full military temperature range (-55°C to +125°C) and ranging in density from 600,000 to 3-million system gates, the new low-power devices are immune to neutron-induced configuration upsets ("firm errors"), saving board space and minimizing complexity in the system. With lower power, increased gate density, and improved performance, Actel enables designers to eliminate the higher power consumption and failure risks often associated with SRAM-based FPGAs for a wide range of military, aerospace and avionics applications.
"Military and avionics systems, such as mission computers, navigation and guidance systems, and stores management systems often have limited or no forced cooling, requiring electronics with minimal heat dissipation and very low power consumption," said Ken O'Neill, director of marketing, high-reliability products for Actel Corporation. "Our high-density, military-temperature ProASIC3 and ProASIC3EL devices give designers the increased logic they need for their sophisticated military and aerospace applications. The combination of industry-leading low power and high reliability provides an extremely desirable solution for these systems."
On a per-gate basis, competitive SRAM-based FPGAs consume 60 percent higher dynamic power and 100 times more static power than ProASIC3L devices. The largest part in the new military-qualified offering, the 3-million gate A3PE3000L, consumes only 310mW at 100MHz and 2.75mW in static mode, making it suitable for thermally-challenged and space-constrained applications. Technology-leading, integrated, secure in-system programming (ISP) support enables valuable field programming upgrades.
About Military-Qualified ProASIC3 and ProASIC3EL FPGAs
Ranging in density from 600,000 to 3-million system gates, Actel's low-power military-temperature ProASIC3 and ProASIC3L FPGAs deliver 64-bit 66 MHz PCI performance. The industry's first FPGAs with on-chip user flash memory, the 1.2V to 1.5V military-qualified devices are immune to neutron-induced firm errors, which are receiving growing recognition in the aerospace community as a significant reliability threat at aviation altitudes. Devices also feature Actel's unique ultra low-power Flash*Freeze mode, which allows fast switching (within 1us) between active and static states.
Packaging and Availability
The A3P1000-PQ208M and A3P1000-FG144M are qualified and shipping now. The remaining devices are expected to be qualified by the end of the year. All devices will be offered in military-temperature plastic (MTP) packages. Standard and Dash-1 speed grades will be available for most devices.
About Actel
Attacking power consumption at both the chip and the system levels, Actel Corporation's innovative FPGAs and programmable system chip solutions enable power-efficient design. The company is traded on the NASDAQ National Market under the symbol ACTL and is headquartered at 2061 Stierlin Court, Mountain View, Calif., 94043-4655. For more information about Actel, visit http://www.actel.com/.
The Actel name and logo and ProASIC name and logo are trademarks of Actel Corporation. All other trademarks and service marks are the property of their respective owners.
Actel Contact: Actel Media Contact:
Stephanie Mrus Diane Orr
Actel Corporation Orr & Company
650/318-4614 408/358-1617
stephanie.mrus@actel.com diane@orr-co.com
http://www.actel.com/
Actel Corporation
CONTACT: Stephanie Mrus of Actel Corporation, +1-650-318-4614, stephanie.mrus@actel.com; or Diane Orr of Orr & Company, +1-408-358-1617, diane@orr-co.com, for Actel Corporation
Web site: http://www.actel.com/
Spansion CEO Bertrand Cambou to Keynote at 2008 Flash Memory Summit in Santa Clara
SUNNYVALE, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Bertrand Cambou's keynote titled, "Breaking Barriers - Flash to Enable Next Generation Search Engines" will explore leading edge advances that are creating an exciting future and transcending existing memory architectures. Discover how a revolutionary memory solution can fundamentally change the dynamics of Internet data centers, search engines and the servers that support them by using innovative technology that offers significant energy savings with increased system performance.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060118/SFW077LOGO)
In addition to Cambou's keynote, four Spansion experts will serve on different panels throughout the conference. The Flash Memory Summit is the only conference dedicated to Flash memory where developers, vendors and end-users come together to share their knowledge, experience and solutions.
Who: Bertrand Cambou, CEO; Jan Silverman, vice president of Server
Solutions for the Media Storage Division; John Boodhansingh,
director of Strategic Marketing for the Wireless Solutions
Division; Stephan Rosner, director of Systems Solutions &
Applications; Gary Montgomery, director of Memory Modules for
Server Solutions in the Media Storage Division at Spansion.
What: Spansion CEO Bertrand Cambou presents the keynote titled,
"Breaking Barriers -- Flash to Enable Next Generation Search
Engines."
Silverman presents during a special open plenary session on Green
Flash.
Boodhansingh presents, "Improving the Mobile User
Experience -- A Revolutionary Approach to More Flexible Handset
Designs with NOR" during a session on designing for mobile
applications.
Rosner presents, "Verification of Board Level Design Using Flash
Memory" during an open session on Design Methods.
Montgomery presents, "Content Delivery," during a special session
on Consumer Applications.
When: Jan Silverman: Tuesday, August 12th at 1:30 p.m. - 2:30 p.m. PST
Bertrand Cambou: Wednesday, August 13th at 11:00 a.m. - 11:30 a.m.
John Boodhansingh: Wednesday, August 13th at 2:30 p.m. - 5:00 p.m.
Stephan Rosner: Wednesday, August 13th at 2:30 p.m. - 3:45 p.m.
Gary Montgomery: Thursday, August 14th at 2:00 p.m. - 4:30 p.m.
Where: Santa Clara Marriott
2008 Flash Memory Summit
ABOUT SPANSION
Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing and selling Flash memory solutions. For more information, visit http://www.spansion.com/.
Spansion(R), the Spansion logo, MirrorBit(R), MirrorBit(R) Eclipse(TM), ORNAND(TM), ORNAND2(TM), HD-SIM(TM), Spansion(R) EcoRAM(TM) and combinations thereof, are trademarks of Spansion LLC in the U.S. and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20060118/SFW077LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Spansion
CONTACT: Rosaline Raj of Spansion, +1-408-616-2912
Web site: http://www.spansion.com/
Diebold Reports 2008 Second Quarter Preliminary Financial ResultsProgress on operating initiatives results in significant improvement in profitability
NORTH CANTON, Ohio, Aug. 11 /PRNewswire-FirstCall/ --
-- Demand for financial self-service solutions remains healthy
-- Continued focus on services drives solid growth and improved margins
-- Operational and manufacturing/supply chain initiatives yielding
improved results
-- Company raises revenue expectations; reaffirms operating margin targets
-- 2008 EPS expected to be in the range of $1.37 to $1.47 GAAP, and $2.25
to $2.30 non-GAAP*
Diebold, Incorporated today reported preliminary 2008 second quarter revenue of $771.0 million, an increase of 11.0 percent from the second quarter of 2007. The preliminary six month year-to-date revenue was $1,467.1 million, an increase of 9.3 percent from the prior period.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080725/DIEBOLDLOGO )
The company also reported preliminary net income of $25.6 million, or $.38 per share, for the second quarter 2008. This compares to preliminary net income of $26.9 million, or $.40 per share from the second quarter of 2007. The six month year-to-date preliminary net income was $37.5 million, or $.57 per share. This compares to preliminary net income of $32.1 million, or $.48 per share from the prior period in 2007.
Included in the 2008 and 2007 results were restructuring charges related to the severance and reorganization costs from the previously disclosed reduction in the company's global workforce and the closure and sale of the manufacturing plant in Cassis, France. Also included were non-routine expenses associated primarily with the internal review of other accounting items, the ongoing Securities and Exchange Commission (SEC) and U.S. Department of Justice (DOJ) investigations and other advisory fees.
The second quarter 2008 results included restructuring charges of $.16 per share, compared to a net gain of $.04 per share in the second quarter 2007. In addition, the company also incurred $.10 per share in non-routine expenses in the second quarter 2008 and $.01 per share in the second quarter 2007. Excluding these restructuring charges and non-routine items, preliminary diluted earnings per share in the second quarter of 2008 would have been $.64 versus $.37 in the second quarter 2007*, an increase of 73.0 percent.
The preliminary six month year-to-date results included restructuring charges of $.19 per share in 2008 compared with $.20 per share in 2007. Also included were non-routine expenses of $.19 per share in 2008 compared with $.01 per share in 2007. In addition, the company incurred a non-cash impairment charge of $.05 per share in 2008 related to the write down of an intangible asset. Excluding these items, preliminary diluted earnings per share in the six month year-to-date period would have been $1.00 per share compared to $.69 per share in 2007*, an increase of 44.9 percent.
Update on Strategic Actions
Cost-reduction initiatives
Diebold remains on track to achieve its three-year $100 million cost- reduction target by the end of 2008, and has committed to eliminate an additional $100 million of expense from its ongoing annual cost structure in the future. As previously disclosed, Diebold is executing a series of additional cost-reduction actions in 2008 and beyond. These actions include: additional strategic global manufacturing realignment; further consolidating the company's supply chain and distribution network; and initiating a product rationalization/simplification program to improve margins, reduce the cash conversion cycle and improve inventory turnover.
Work has continued on the company's strategic global manufacturing realignment plan to reduce its four-plant global Opteva production footprint down to two primary plants. While Diebold is still finalizing its plans, it has given notice to its employees and the collective bargaining unit representing its Newark, Ohio-area manufacturing facility that the company intends to close this operation and move all of its production to Diebold's plant in Lexington, N.C. Most of Lexington's Opteva ATM production lines will be moved to existing plants in China and Hungary. The Newark facility currently employs approximately 100 workers and produces physical security equipment. The company anticipates the product transition and employee reductions to begin in October 2008, and that the Newark-area facility will be closed in the first quarter of 2009. The job eliminations associated with this planned closing will be included in the global workforce reduction target announced on February 6, 2008.
In anticipation of the reduction in manufacturing capacity, the company will continue to maintain higher levels of inventory in the near term to ensure a smooth transition and meet customer delivery times. Further details regarding the company's manufacturing realignment efforts and other affected facilities will be provided as actions progress.
Also, Diebold has progressed in its work with Menlo Worldwide Logistics to rationalize and optimize its warehouse network in the United States. Diebold is in the midst of reducing its U.S. warehouse infrastructure from 89 facilities down to three strategically located regional distribution and final customization facilities. This process, which the company anticipates will be completed by the end of the third quarter, is aimed at reducing customer lead times while simultaneously reducing required inventory levels.
Additionally, the company has just completed an Opteva product rationalization program in North America, reducing its ATM product configuration complexity by more than 90 percent. While the number of unique product configurations will be greatly reduced, the company will retain current features and functions in more standardized packages. This is a major step toward the company's goal to transition from a "build-to-order" manufacturing model to a "just-in-time" pull system with a global capability for post-production customization.
In conjunction with these actions, as well as the previously announced 5 percent workforce reduction and exiting unprofitable business segments in certain geographies, the company believes it has a solid basis to eliminate an additional $100 million in cost, with approximately $70 million being eliminated by the middle of 2010.
Premier Election Solutions strategy
The performance and near-term market expectations for the Premier Election Solutions subsidiary remain unchanged from the company's April 30, 2008 release. While Diebold fully supports its elections subsidiary, the company also continues to pursue strategic alternatives to ownership of this company.
Financial reporting and government investigation status
Diebold has reflected impacts of the previously announced changes in revenue recognition as well as adjustments resulting from the internal review of other accounting items in the financial results provided in this release. The internal review is expected to be complete upon filing the company's restated financial statements, which is anticipated to occur in September. As such, these are preliminary financial results and are subject to change to reflect any necessary corrections or adjustments, or changes in accounting estimates, that are identified prior to the Company's filing of its Annual Report on Form 10-K for year ended December 31, 2007 and its Quarterly Reports on Form 10-Q for the quarters ended June 30, 2007, September 30, 2007, March 31, 2008 and June 30, 2008. The company's preliminary estimate of full year 2007 earnings per share is $.83 on a GAAP basis. Included in this estimate is approximately $.27 per share of restructuring charges, approximately $.08 per share of non-routine expenses and an impairment charge of $.74 per share, related to the impairment of the Premier Election Solutions' goodwill.
While the restated financial statements will address the issues identified in the company's internal review, the previously disclosed government investigations remain ongoing and there can be no assurance that the results of these investigations will not impact previously reported financial statements.
Market Outlook
Management commentary
"We are pleased to be able to report our preliminary financial results and look forward to becoming current with our SEC filings in September. As these results demonstrate, we have made significant progress in our efforts to improve profitability through the initiatives we established early in 2006," said Thomas W. Swidarski, Diebold president and chief executive officer.
"I am especially pleased with the improvements we have delivered in our service operations, as our efforts to provide higher value services continue to gain traction. Diebold's focus on services remains one of our key differentiators in the marketplace, and is critical to our ability to improve profitability while strengthening our leadership position in the financial self-service industry -- where we remain the clear global leader in services."
Swidarski continued, "Considering the challenging environment in the financial industry, I am encouraged by the consistent demand customers have expressed for our solutions. In the United States, where financial institutions are facing unprecedented challenges, we continue to experience solid demand for financial self-service solutions from the national bank segment. This is partly driven by increased demand for deposit automation, where approximately one out of every two Opteva full-function ATMs shipped in 2008 is equipped with deposit automation technology. We expect this trend to continue as these customers strive to improve their retail banking operations -- which remain an important profit center for many financial institutions.
"Given the strength in our markets and the improvement in profitability we have demonstrated to date, we remain confident that we will meet or exceed our operating margin targets of 7 percent in 2008, excluding restructuring and non-routine items," said Swidarski. "This positions us well to achieve our operating margin goals of 9 percent in 2009 and 10 percent in 2010, excluding any possible restructuring or non-routine items.
"In addition to our operational improvements, Diebold's momentum is driven by an intense customer focus and a very strong brand franchise, particularly in the global financial industry. This reflects the passion and dedication of our employees, who continually strive to deliver innovative solutions to meet our customers' most challenging needs," Swidarski concluded. "Our continued focus on the customer, along with the progress we have demonstrated in our operational improvement initiatives, clearly demonstrates our ability to significantly grow shareholder value in the near term."
Second Quarter Orders (constant currency)
Total orders for financial self-service and security products and services were up well into the double-digit range compared to the prior-year period. Financial self-service orders increased well into double digits. While the company saw solid order growth in every geographic region, order growth was particularly strong in Asia-Pacific and the Americas as the company received large orders in China and Brazil. Security orders, however, decreased slightly as new bank branch construction and retail store openings remain weak in the United States.
Revenue
Total revenue for the 2008 second quarter was up 11.0 percent. Financial self-service products and services revenue increased 15.1 percent over the prior period, while total security revenue decreased 0.4 percent. Election systems revenue increased $4.9 million. During the quarter, the net positive currency impact was slightly more than 5 percent.
Gross Margin
Total gross margin for the quarter was 25.1 percent, compared to 23.5 percent in the second quarter 2007. Restructuring charges of $8.3 million were included in the second quarter of 2008, while restructuring charges of $2.9 million were recorded in the second quarter of 2007.
Product gross margin was 26.9 percent in the quarter, compared to 27.4 percent in the second quarter 2007. Restructuring charges of $4.4 million were included in the second quarter of 2008, while restructuring charges of $2.9 million were recorded in the second quarter of 2007. The decrease in product gross margin was primarily the result of higher restructuring charges, a higher mix of revenue from lower margin market segments, with some pricing pressure in Asia Pacific and Europe and significant increases in certain commodity prices, partially offset by the company's ongoing cost-reduction program.
Service gross margin in the quarter was 23.6 percent, compared to 20.2 percent in the second quarter of 2007. Restructuring charges of $3.9 million were included in the second quarter of 2008, while no restructuring charges were recorded in the second quarter of 2007. The year-over-year improvement in service margin was driven by better product quality, improved international margins as a result of previous restructuring actions, and continued gains in productivity and efficiency as the company continues to implement the latest tools and technology across its global service organization, partially offset by higher restructuring charges. Service margins also improved in the United States despite significantly higher fuel costs. Given how rapidly fuel prices have risen, however, the company was able to recover only a portion of this increase to date through pricing actions.
Net Income
The company reported preliminary net income of $25.6 million in the second quarter 2008, or 3.3 percent of revenue, compared to preliminary net income of $26.9 million in the second quarter 2007, or 3.9 percent of revenue. Included in the second quarter of 2008 were restructuring charges of $10.7 million net of tax, compared to a net gain on the sale of assets in the second quarter of 2007 of $2.7 million, net of tax. Also included in the second quarter 2008 operating expenses were non-routine expenses of $6.4 million net of tax primarily from legal, audit and consultation fees related to the internal review of other accounting items, restatement of financial statements and the ongoing government investigations. This compares to $0.5 million in non- routine expenses, net of tax, in the second quarter 2007.
Net Debt and Cash Flow
The company's net debt* was $372.9 million at June 30, 2008 compared to $338.1 million at June 30, 2007, an increase of $34.8 million over the last 12 months.
Net cash provided by operating activities decreased $54.1 million, moving from $53.9 million of cash provided by operating activities in the six months ended June 30, 2007 to $0.2 million of cash used in the six months ended June 30, 2008. The primary reason for this decrease was due to higher accounts receivable and inventory levels as well as increased cash spend for non- routine expenses. Days sales outstanding (DSO) was 60 days at June 30, 2008 compared to 64 days at June 30, 2007, an improvement of four days. While DSO deteriorated 9 days in the first six months of 2008, moving from 51 days at December 31, 2007 to 60 days at June 30, 2008; it had deteriorated just 2 days in the first six months of 2007, moving from 62 days at December 31, 2006 to 64 days at June 30, 2007. Inventory turns moved from 3.8 turns at June 30, 2007 to 3.7 turns at June 30, 2008, as the company increased inventory levels in anticipation of third quarter revenue volume. As a result of the change in net cash provided by operating activities, free cash flow decreased by $51.3 million, moving from $29.8 million at June 30, 2007 to a free cash use of $21.5 million at June 30, 2008*.
Restructuring charges
The company incurred second quarter 2008 restructuring charges totaling $12.3 million, or $.16 per share. These charges were primarily related to severance costs from the previously announced ongoing reduction in the company's global workforce, which is on track to be completed by the end of 2008. Actual cash payments related to restructuring in the second quarter 2008 were approximately $9 million. Taking into consideration the previously announced manufacturing and supply chain restructuring and the global workforce reduction, Diebold expects full-year restructuring charges to be in the range of $40 million to $50 million, or $.45 per share to $.56 per share. While the majority of the anticipated 2008 restructuring charges are ultimately expected to result in cash payments, the company cannot currently predict the timing of these payments.
Non-routine expenses and impairment charge
The company incurred second quarter 2008 non-routine expenses totaling $8.5 million, or $.10 per share, compared to $0.7 million, or $.01 per share in the second quarter 2007. These expenses primarily consisted of legal, audit and consultation fees related to the previously announced internal review of other accounting items, restatement of financial statements and the ongoing government investigations, and other advisory fees. Diebold estimates these non-routine expenses for the full year will be in the range of $25 million to $28 million, or $.28 per share to $.32 per share. Actual cash payments related to these non-routine expenses in the second quarter 2008 were $9.6 million, compared to $.5 million in the second quarter 2007.
The company also incurred an impairment charge in the first quarter 2008 of $4.4 million, or $.05 per share, related to the write down of intangible assets from the 2004 acquisition of TFE Technology Holdings, a maintenance provider of network and hardware service solutions to federal and state government agencies and commercial firms.
Full-year 2008 outlook
The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. These statements do not include the potential impact of any future mergers, acquisitions, disposals or other business combinations.
Expectations for the full year 2008 include:
-- Revenue
Revenue growth Previous guidance Current guidance
(provided April 30, 2008)
Total revenue 6 to 8 percent 8 to 10 percent
Financial self-service 5 to 6 percent 9 to 10 percent
Security 4 to 5 percent 1 to 3 percent
Election systems $105 million to $120 million to
$115 million $130 million
(including Brazil) (with approximately
half coming
from Brazil)
Brazilian lottery $10 million to $10 million to
$13 million $13 million
-- Earnings per share
2008 EPS (GAAP) $1.47 - $1.37
Restructuring charges $.45 - $.56
Non-routine expenses $.28 - $.32
Impairment $.05
2008 EPS non-GAAP $2.25 - $2.30
Conference call
Thomas W. Swidarski and Kevin J. Krakora will discuss the company's financial performance during a conference call today at 10:00 a.m. (ET). Access is available from Diebold's Web site at http://www.diebold.com/. The replay can also be accessed on the site for up to three months after the call.
*See accompanying notes for non-GAAP measures.
Revenue Summary by Solutions
Revenue Summary by Solutions
(In $ Millions)
Q2 Q2 % YTD YTD %
2008 2007 Change 6/30/08 6/30/07 Change
Financial Self-Service $549.4 $477.2 15.1% $1,042.3 $934.7 11.5%
Security Solutions 195.4 196.1 -0.4% 380.7 376.6 1.1%
Total Fin. self-
service & security 744.8 673.3 10.6% 1,423.0 1,311.3 8.5%
Election systems (U.S.
and Brazil) 26.2 21.3 23.0% 40.8 30.4 34.2%
Brazilian lottery
systems - - - 3.3 - -
Total Revenue $771.0 $694.6 11.0% $1,467.1 $1,341.7 9.3%
Notes for Non-GAAP Measures
1. Reconciliation of GAAP EPS to non-GAAP measures:
Q2 2008 Q2 2007 YTD 6/30/08 YTD 6/30/07
Total EPS (GAAP measure) $0.38 $0.40 $0.57 $0.48
Restructuring Charges 0.16 (0.04) 0.19 0.20
Non-routine expenses 0.10 0.01 0.19 0.01
Impairment 0.00 0.00 0.05 0.00
Total EPS
(non-GAAP measure) $0.64 $0.37 $1.00 $0.69
The company's management believes excluding restructuring charges, non- routine expenses and impairment is useful to investors because it provides an overall understanding of the company's historical financial performance and future prospects. Management believes EPS (non-GAAP) is an indication of the company's base-line performance before gains, losses or other charges that are considered by management to be outside the company's core operating results. Exclusion of these items permits evaluation and comparison of results for the company's core business operations, and it is on this basis that management internally assesses the company's performance.
2. Preliminary free cash flow/(use) is calculated as follows:
YTD 6/30/08 YTD 6/30/07
Net cash (used) provided by operating
activities (GAAP measure) $(0.2) $53.9
Capital expenditures (21.3) (24.1)
Free cash flow (use) (non-GAAP measure) $(21.5) $29.8
The company's management believes that free cash flow is useful to investors because it is a meaningful indicator of cash generated from operating activities that is available for the execution of its business strategy, including service of debt principal, dividends, share repurchase and acquisitions. Free cash flow is not an indicator of residual cash available for discretionary spending, because it does not take into account mandatory debt service or other non-discretionary spending requirements that are deducted in the calculation of free cash flow.
3. Net (debt) is calculated as follows:
June 30, December 31, June 30,
2008 2007 2007
Cash, cash equivalents and
other investments
(GAAP measure) $320.6 $311.3 $231.6
Less Industrial development
revenue bonds and other (12.0) (12.0) (12.0)
Less Notes payable (681.5) (624.1) (557.7)
Net (debt) (non-GAAP measure) $(372.9) $(324.8) $(338.1)
The company's management believes that given the net debt, the significant cash, cash equivalents and other investments on its balance sheet, that net cash against outstanding debt is a meaningful debt calculation.
4. Reconciliation of GAAP Operating Margin to non-GAAP measures:
Operating Margin Operating Margin
Q2 Q2 YTD YTD
2008 2007 6/30/08 6/30/07
GAAP Operating Margin $45.5 $27.6 $69.2 $38.5
GAAP Operating Margin % 5.9% 4.0% 4.7% 2.9%
Restructuring $12.3 $2.9 $15.1 $24.3
Non-routine Expenses $8.5 $0.7 $17.2 $0.9
Non GAAP Operating Margin $66.3 $31.2 $101.5 $63.7
Non GAAP Operating Margin % 8.6% 4.5% 6.9% 4.7%
The company's management believes excluding restructuring charges and non- routine expenses from operating margins is an indication of the company's baseline performance before gains, losses, or other charges that are considered by management to be outside the company's core operating results. The exclusion of these items permits evaluation and comparison of results for the company's core business operations and it is on this basis that the company's management internally assesses the company's performance.
Forward-Looking Statements
In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward- looking statements give current expectations or forecasts of future events and are not guarantees of future performance. These forward-looking statements relate to, among other things, the company's future operating performance, the company's share of new and existing markets, the company's short- and long- term revenue and earnings growth rates, the company's implementation of cost- reduction initiatives and measures to improve pricing, including the optimization of the company's manufacturing capacity, the company's results for the three and six months ended June 30, 2007 and 2008, the completion of the company's financial statements for the quarters ended June 30, 2007, September 30, 2007, March 31, 2008 and June 30, 2008 and the year ended December 31, 2007, the completion of the company's restated financial statements, the ongoing SEC and DOJ investigations and the completion of the company's internal review of other accounting items. The use of the words "will," "believes," "anticipates," "expects," "intends" and similar expressions is intended to identify forward-looking statements that have been made and may in the future be made by or on behalf of the company. Although the company believes that these forward-looking statements are based upon reasonable assumptions regarding, among other things, the economy, its knowledge of its business, and on key performance indicators that impact the company, these forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed in or implied by the forward-looking statements. The company is not obligated to update forward-looking statements, whether as a result of new information, future events or otherwise.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Some of the risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements include, but are not limited to:
-- the completion of the company's financial statements for the quarters ended June 30, 2007, September 30, 2007, March 31, 2008 and June 30, 2008 and the year ended December 31, 2007, and the completion of the restatement of the company's financial statements, including completion of the internal review;
-- the results of the SEC and DOJ investigations and the company's review of other accounting items;
-- competitive pressures, including pricing pressures and technological developments;
-- changes in the company's relationships with customers, suppliers, distributors and/or partners in its business ventures;
-- changes in political, economic or other factors such as currency exchange rates, inflation rates, recessionary or expansive trends, taxes and regulations and laws affecting the worldwide business in each of the company's operations, including Brazil, where a significant portion of the company's revenue is derived;
-- acceptance of the company's product and technology introductions in the marketplace;
-- the amount of cash and non-cash charges in connection with the planned closure of the company's Newark, Ohio facility;
-- unanticipated litigation, claims or assessments;
-- variations in consumer demand for financial self-service technologies, products and services;
-- challenges raised about reliability and security of the company's election systems products, including the risk that such products will not be certified for use or will be decertified;
-- changes in laws regarding the company's election systems products and services;
-- potential security violations to the company's information technology systems;
-- the company's ability to successfully execute its strategy related to the election systems business; and
-- the company's ability to achieve benefits from its cost-reduction initiatives and other strategic changes.
About Diebold
Diebold, Incorporated is a global leader in providing integrated self- service delivery and security systems and services. Diebold employs more than 17,000 associates with representation in nearly 90 countries worldwide and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the New York Stock Exchange under the symbol 'DBD.' For more information, visit the company's Web site at http://www.diebold.com/.
PR/3401
DIEBOLD, INCORPORATED
CONDENSED CONSOLIDATED INCOME STATEMENTS - PRELIMINARY AND UNAUDITED
(IN MILLIONS EXCEPT EARNINGS PER SHARE)
Three months ended
June 30
2008 2007
Net Sales
Product $354.2 $323.7
Service 416.8 370.9
Total 771.0 694.6
Cost of goods
Product 259.0 235.1
Service 318.3 296.0
Total 577.3 531.1
Gross Profit 193.7 163.5
Percent of net sales 25.1% 23.5%
Operating expenses
Selling, general and administrative 130.2 118.1
Research, development and engineering 18.0 17.8
Total 148.2 135.9
Percent of net sales 19.2% 19.6%
Operating profit 45.5 27.6
Percent of net sales 5.9% 4.0%
Other expense and minority interest, net (8.4) 4.5
Income before taxes 37.1 32.1
Percent of net sales 4.8% 4.6%
Taxes on income (11.5) (5.2)
Effective tax rate 31.0% 16.2%
Net income $25.6 $26.9
Percent of net sales 3.3% 3.9%
Basic weighted average shares outstanding 66.1 65.8
Diluted weighted average shares outstanding 66.7 66.8
Basic Earnings Per Share $0.39 $0.41
Diluted Earnings Per Share $0.38 $0.40
Note: These preliminary results are subject to change to reflect any
necessary corrections or adjustments, or changes in accounting estimates,
that are identified prior to the time the company's second quarter 2007
and 2008 Form 10-Q's are filed.
DIEBOLD, INCORPORATED
CONDENSED CONSOLIDATED INCOME STATEMENTS - PRELIMINARY AND UNAUDITED
(IN MILLIONS EXCEPT EARNINGS PER SHARE)
Six months ended
June 30
2008 2007
Net Sales
Product $662.0 $618.8
Service 805.1 722.9
Total 1,467.1 1,341.7
Cost of goods
Product 479.6 467.7
Service 621.6 576.2
Total 1,101.2 1,043.9
Gross Profit 365.9 297.8
Percent of net sales 24.9% 22.2%
Operating expenses
Selling, general and administrative 259.0 225.1
Research, development and engineering 37.7 34.2
Total 296.7 259.3
Percent of net sales 20.2% 19.3%
Operating profit 69.2 38.5
Percent of net sales 4.7% 2.9%
Other expense and minority interest, net (15.3) 4.4
Income before taxes 53.9 42.9
Percent of net sales 3.7% 3.2%
Taxes on income (16.4) (10.8)
Effective tax rate 30.4% 25.2%
Net income $37.5 $32.1
Percent of net sales 2.6% 2.4%
Basic weighted average shares outstanding 66.1 65.7
Diluted weighted average shares outstanding 66.3 66.6
Basic Earnings Per Share $0.57 $0.49
Diluted Earnings Per Share $0.57 $0.48
Note: These preliminary results are subject to change to reflect any
necessary corrections or adjustments, or changes in accounting estimates,
that are identified prior to the time the company's second quarter 2007
and 2008 Form 10-Q's are filed.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080725/DIEBOLDLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Diebold, Incorporated
CONTACT: Media, Mike Jacobsen, +1-330-490-3796, michael.jacobsen@diebold.com; or Investors, Chris Bast, +1-330-490-6908, christopher.bast@diebold.com
Web site: http://www.diebold.com/
Exar Adds SONET/SDH Clock and Data Recovery (CDR) OC-3/OC-12 SolutionDrop-In-Replacement Device Delivers Best-In-Class Jitter Performance and Low Power
FREMONT, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Exar Corporation launched a SONET/SDH OC-3/-12 Clock and Data Recovery (CDR) device for industry standard optical and backplane applications. The XRT91L33 is ideal for the cost-reduction trend and increased design margin needs on new and legacy line card designs in add-drop multiplexers, cross-connect equipment, and multi-service switches and routers.
"This single-channel device is footprint compatible with competing SONET/SDH CDR products enabling system architects to easily migrate from existing designs to XRT91L33-based platforms that immediately deliver significant performance improvements," said Darren Pool, senior product line manager, Communications Product Line.
The XRT91L33 adds to the existing highly successful family of SONET/SDH transceiver products: the XRT91L31, XRT91L32, XRT91L80 and XRT91L82 operating at OC-3, OC-12 and OC-48 rates as well the Quad CDR device (XRT91L34) introduced in 2007 for OC-3 and OC-12 applications.
"Exar's PLL and CDR technology implemented in standard CMOS process provides best-in-class jitter performance (typically greater than 0.5UI jitter tolerance) and offers an optimized power, performance, and price solution in the marketplace," said Raj Paripatyadar, applications manager Communications Product Line.
Product Features
Utilizing the underlying technology footprint from Exar's successful XRT91L34 quad CDR device, the XRT91L33 is a single channel solution operating at 155/622 Mbps SONET/SDH data rates. This device features very low power dissipation in a small footprint 20-pin TSSOP package.
The XRT91L33 can generate all clocks from a low cost 19MHz crystal oscillator. In addition, this device is able to detect and generate various alarms and status outputs to provide immediate system alerts and complete fault coverage. The device incorporates on chip power regulation to provide superior noise and crosstalk immunity to improve the performance that is critical to SONET/SDH applications.
Prices, Packages, Availability and Additional Information
The XRT91L33 is available now. At 1,000 piece quantities, in a 20-pin TSSOP package, the XRT91L33 is priced at around $7.50 each. The XRT91L33 requires 3.3V power supply and operates over the industrial temperature range. Additional information on this device can be found at http://www.exar.com/Common/Content/ProductDetails.aspx?ID=XRT91L33. Information on all of Exar's SONET/SDH products can be found at http://www.exar.com/Common/Content/Product.aspx?Parent=3&ID=456&SubID=34.
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/
Qiao Xing Mobile's New Luxury Brand VEVA S60 Mobile Handset Targets High-End Market and Has Achieved Great Success
BEIJING, Aug. 11 /Xinhua-PRNewswire-FirstCall/ -- Qiao Xing Mobile Communication Co., Ltd. (''Qiao Xing Mobile'' or ''the Company'') , one of China's leading domestic manufacturers of mobile handsets, through its subsidiary CEC Telecom Co., Ltd. (''CECT''), today announced that Qiao Xing Mobile's new luxury brand VEVA S60 mobile handset (''VEVA S60'') has achieved great success since its release in May 2008. VEVA S60 targets female professionals with its unique and luxury design and features. Through cooperation with Swarovski, each VEVA S60 is decorated with 129 Swarovski crystal mosaic and 18K gold coating. As thin as 9.4 millimeters, VEVA S60 also has long standby time. Retail price stands at RMB1,980 (USD290) and nearly 100,000 units were sold in the second quarter of 2008. VEVA S60's gross margin was 61%. CECT targets to sell 300,000 units of VEVA S60 in the third quarter of 2008. Taiwan star Miss Wu Peici was invited by CECT as the prolocutor for VEVA S60.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080811/CNM011 )
Mr. Wu Zhi Yang, Chairman of the Company, commented, ''Mobile handsets have evolved from a pure communications tool to a convenient and fashionable consumer product. Professionals prefer high-end and luxury mobile phones with unique and fashionable designs and features, which creates a fast growing and profitable market. The VEVA luxury brand is a great innovation by CECT. We are very pleased that CECT achieved another success with the release of VEVA S60, which will bring us sustainable competitiveness in a market segment with less domestic competition. We are very proud that CECT has differentiated itself from the domestic players who are mostly competing in low-end market. We have abundant product lines for VEVA brand mobile handset going forward. VEVA S70 will be released in September. VEVA S80 and S90 are being developed too. We expect VEVA to become one of best domestic luxury brands in the mobile handset market in China.''
About Qiao Xing Mobile Communication Co., Ltd.:
Qiao Xing Mobile Communication Co., Ltd. is one of the leading domestic manufacturers of mobile handsets in China in terms of unit sales volume. The Company manufactures and sells mobile handsets based primarily on Global System for Mobile Communications, or GSM, global cellular technologies. It operates its business primarily through CEC Telecom Co., Ltd., or CECT, its 96.6%-owned subsidiary in China. Currently, all of its products are sold under the "CECT" brand name. Through its manufacturing facility in Huizhou, Guangdong Province, China, and two research and development centers in Huizhou and in Beijing, the Company develops, produces and markets a wide range of mobile handsets, with increasing focus on differentiated products that generally generate higher profit margins. For more information, please visit http://www.qxmc.com/ .
Safe Harbor Statement
This announcement contains forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements can be identified by words or phrases such as "aim," "anticipate," "believe," "continue," "estimate," "expect," "intend," "is /are likely to," "may," "plan," "potential," "will" or other similar expressions. Statements that are not historical facts, including statements about Qiao Xing Mobile's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward- looking statement. Information regarding these factors is included in our filings with the Securities and Exchange Commission. Qiao Xing Mobile does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release is as of August 11, 2008, and Qiao Xing Mobile undertakes no duty to update such information, except as required under applicable law.
For more information, please contact:
Ma Tao
Qiao Xing Mobile Communication Co., Ltd.
Tel: +86-10-8219-3706
Email: matao@qxmc.com
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Qiao Xing Mobile Communication Co., Ltd.
CONTACT: Ma Tao of Qiao Xing Mobile Communication Co., Ltd., +86-10-8219-3706, or matao@qxmc.com
Web Site: http://www.qxmc.com/
'When-Issued' Trading for IAC, HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc. to Begin on August 12th, 2008Spin-Offs of HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc. Scheduled to Occur on August 21st, 2008
NEW YORK, Aug. 11 /PRNewswire-FirstCall/ -- IAC today announced it has been advised by The Nasdaq Stock Market LLC, that "when-issued" trading in the common stock of HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc. and IAC will commence (on a post-distribution and, in the case of IAC, a Board approved post-one-for-two reverse stock split, basis) under the symbols "HSNIV," "IILGV," "TKTMV," "TREEV" and "IACIV," respectively, at the market open on August 12, 2008. The "when-issued" trading period comes following the SEC declaring the S-1 registration statements for each of the spincos effective, and will continue up until the spin-offs. Shares of IAC common stock will also trade on a regular way basis during the period under its existing symbol, "IACI." The completion of the spin-offs is scheduled to occur pre-market on August 21 and regular way trading for all five companies will commence at the opening of trading on the same day.
Shares of common stock of the spincos will trade regular way under the symbols "HSNI," "IILG," "TKTM" and "TREE." During the 20 trading days following the completion of the spin-offs, shares of IAC will trade under the symbol "IACID" in accordance with Nasdaq rules, after which trading under its current symbol, "IACI," will resume.
About IAC
IAC operates leading and diversified businesses in sectors being transformed by the internet ... our mission is to harness the power of interactivity to make daily life easier and more productive for people all over the world. To view a full list of the companies of IAC please visit our website at http://iac.com/
About HSN, Inc.
HSNi owns and operates, through its subsidiaries, HSN, a retailer and interactive lifestyle network offering a broad assortment of products through television home shopping programming on the HSN television network and HSN.com. HSN strives to transform the shopping experience by incorporating experts, entertainment, inspiration, solutions, tips and ideas in connection with the sale of products through the HSN television network and HSN.com. HSNi also owns and operates, through its subsidiaries, the Cornerstone Brands portfolio of catalogs and related websites, including Frontgate, Ballard Designs, Garnet Hill, Smith+Noble, The Territory Ahead, TravelSmith and Improvements, as well as a limited number of retail stores.
About Interval Leisure Group, Inc.
ILG is a leading provider of membership services to the vacation ownership industry. ILG's principal business segment, Interval, makes available vacation ownership membership services to the individual members of its exchange networks, as well as related services to developers of the resorts participating in its exchange networks worldwide. As of December 31, 2007, more than 2,400 resorts located in more than 75 countries participated in Interval's primary exchange network, the Interval Network, and nearly two million owners of vacation interests were enrolled as members of the Interval Network. For the fiscal year ending December 31, 2007, Interval represented approximately 88% of ILG's consolidated revenues. ILG's other business segment, RQH, was acquired in May 2007 and is a provider of vacation rental and property management services to vacationers and vacation property owners across Hawaii. As of December 31, 2007, RQH provided property management services to 26 resorts and hotels, as well as other more limited management services to an additional 23 properties.
About Ticketmaster
As the world's leading live entertainment ticketing and marketing company, Ticketmaster connects the world to live entertainment. Ticketmaster currently operates in 20 countries worldwide, providing ticket sales, ticket resale services, marketing and distribution through http://www.ticketmaster.com/, one of the largest e-commerce sites on the Internet, and related proprietary Internet and mobile channels, approximately 6,700 independent sales outlets and 19 call centers worldwide. Established in 1976, Ticketmaster served more than 10,000 clients worldwide in 2007 across multiple live event categories, providing exclusive ticketing services for leading arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums and theaters. Ticketmaster's distribution channels and client base provide it with significant scale-for example, in 2007, Ticketmaster brands and businesses sold approximately 141 million tickets valued at over $8.3 billion.
About Tree.com, Inc.
Through its various subsidiaries, Tree.com currently operates a lending business (the "Lending Business") and a real estate business (the "Real Estate Business"). The Lending Business consists of online networks, principally LendingTree.com and GetSmart.com, as well as call centers, which match consumers with lenders and loan brokers. In addition, the Lending Business originates, processes, approves and funds various types of residential real estate loans under two brand names, LendingTree Loans(R) and HomeLoanCenter.com(R), and offers residential mortgage loan settlement services under the name LendingTree Settlement Services. The Real Estate Business consists primarily of an internet-enabled national residential real estate brokerage that currently operates offices in 14 markets under the brand name "RealEstate.com, REALTORS." The Real Estate Business also consists of a brokerage that matches residential home buyers interested in newly constructed homes with builders and currently operates under the brand name "iNest(R)."
Contacts:
Eoin Ryan/Lisa Jaffa
IAC Investor Relations
(212) 314-7400
Stacy Simpson/Leslie Cafferty
IAC Corporate Communications
(212) 314-7470/7326
IAC Interactive Corp.
CONTACT: Eoin Ryan or Lisa Jaffa, IAC Investor Relations, +1-212-314-7400; Stacy Simpson or Leslie Cafferty, IAC Corporate Communications, +1-212-314-7470 or 7326
Web site: http://www.iac.com/ http://www.hsn.com/ http://www.ticketmaster.com/ http://www.tree.com/
Alliance Data to Present at the Canaccord Adams 2008 Global Growth Conference
DALLAS, Aug. 11 /PRNewswire-FirstCall/ -- Alliance Data Systems Corporation , a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced that Ed Heffernan, executive vice president and chief financial officer, will present at the Canaccord Adams 2008 Global Growth Conference in Boston, MA on Thursday, August 14, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO )
The presentation will take place at 8:30 a.m. Eastern time and will be broadcast live over the Internet at the following address: http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=ADS&item_id=1887849 or through the Company's website at http://www.alliancedata.com/. A replay of the webcast will be available for 30 days following the presentation.
About Alliance Data
Alliance Data is a leading provider of marketing, loyalty and transaction services, managing over 120 million consumer relationships for some of North America's most recognizable companies. Using transaction-rich data, Alliance Data creates and manages customized solutions that change consumer behavior and that enable its clients to create and enhance customer loyalty to build stronger, mutually beneficial relationships with their customers. Headquartered in Dallas, Alliance Data employs over 9,000 associates at more than 60 locations worldwide. Alliance Data's brands include AIR MILES(R), North America's premier coalition loyalty program, and Epsilon(R), a leading provider of multi-channel, data-driven technologies and marketing services. For more information about the Company, visit its website, http://www.alliancedata.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20051024/ADSLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Alliance Data Systems Corporation
CONTACT: Julie Prozeller, Financial Dynamics, +1-212-850-5721, alliancedata@fd.com
Web site: http://www.alliancedata.com/
Xilinx Introduces New Development Kit for Building High-Performance Embedded Processing Systems with Virtex-5 FXT FPGAsIntegrated kit accelerates embedded system-on-chip development including Linux and RTOS-based embedded software development by providing comprehensive FPGA platform, development tools
SAN JOSE, Calif., Aug. 11 /PRNewswire/ -- Xilinx, Inc. , the world's leading provider of programmable system solutions, today announced the immediate availability of a powerful new development kit for building embedded processing systems based on PowerPC(R) 440 and MicroBlaze(TM) processors. Built around the Virtex(R)-5 FXT FPGA system integration platform, the new development kit enables both hardware and software designers to quickly architect, develop and debug a wide range of processing applications targeting communications, military, aerospace and many others markets.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080811/AQM514)
(Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO)
"Xilinx has provided designers with a scalable embedded processing platform that ranges from the MicroBlaze soft processor on low-cost Spartan(R)-3A FPGAs to the high performance PowerPC 440 hard processor on Virtex-5 FXT FPGAs," said Robert Day, vice president of marketing at LynuxWorks. "With the immediate availability of our BlueCat Linux BSP for this kit, software developers can use our BlueCat Linux solution as a common software development platform for both MicroBlaze and PowerPC processors."
The Embedded Development HW/SW Kit - Virtex-5 FX70T PowerPC & MicroBlaze Processor Edition provides embedded system developers with all of the tools they need to get started quickly on their embedded processing designs. Starting with the award-winning Xilinx Platform Studio and ISE(R) Design Suite design environments, the kit also provides a Virtex-5 FX70T FPGA development board, the ML507, to accelerate system design; Linux reference designs; robust library of processing IP cores; and a USB JTAG download/debug cable. The ML507 includes flexible on-board memory options as well as many industry-standard connectivity interfaces to complement the Virtex-5 FX70T FPGA device with an integrated high-performance, low-latency PowerPC 440 processing block.
"With its new development kit, Xilinx has provided a compelling platform for device software developers to begin development with the Virtex-5 FXT platform," said Kuljeet Kalkat, Vice President of Alliances Marketing at Wind River. "Developers can immediately use the award-winning Wind River Workbench development platform to accelerate time-to-market, building Virtex-5 FXT-based uniprocessor or multicore devices with VxWorks and Wind River Linux."
The kit includes a pre-built Linux image and embedded processing reference design based on the PowerPC 440 processor, DDR2 memory interface and Gigabit Ethernet interface to help hardware designers get started quickly. They can also build fully customizable designs from scratch using the easy-to-use Base System Builder wizard and add their custom IP using Xilinx Platform Studio. The ML507 board provides users with a range of high performance I/O interfacing options including standard interfaces like Gigabit Ethernet, PCI Express(R) as well as custom interfaces they can develop using the gigabit transceivers available on the Virtex-5 FXT device using SMA connectors.
For software development, the kit is supported by the Xilinx Software Development Kit (Eclipse-based development environment with GNU tools) as well as a wide range of embedded operating systems and real-time operating systems, including the following:
-- Linux
o Wind River General Purpose Platform, Linux Edition 2.0
o MontaVista Linux 4.0 (5.0 coming soon)
o LynuxWorks BlueCat Linux 5.4.1
o TimeSys Linux
-- RTOS
o Wind River's VxWorks
o Green-Hills INTEGRITY
o ExpressLogic ThreadX
The industry-standard PowerPC 440 processor block runs at up to 550MHz and 1100 DMIPS in Virtex-5 FXT devices and offers the advantage of integrated DMA channels, dedicated memory interfaces and an FPU option as well as a 5x2 master/slave crossbar switch to optimize flexibility for customizing embedded systems without compromising speed. An APU (auxiliary processing unit) controller enables a direct processor connection to high-speed FPGA logic for a wide variety of coprocessing options, and the PowerPC 440 is already supported by numerous other industry-leading tool/RTOS suppliers.
"The Virtex-5 FXT FPGA with innovative PowerPC 440 block enables developers to cost-reduce and integrate sophisticated systems in a single FPGA, targeting high-performance applications," said Tim Erjavec, director, platform solutions and services marketing at Xilinx. "The new embedded development kit accelerates the development process for these complicated designs by offering intelligent tools, IP and reference designs on a high-performance, customizable hardware platform."
What's Inside
The Embedded Development HW/SW Kit - Virtex-5 FX70T PowerPC & MicroBlaze Processor Edition includes the following:
-- ML507 Development Board (Evaluation Platform)
-- Ultimate Productivity with the ISE Design Suite
-- ISE(TM) Foundation(TM) tool suite (full seat license)
-- Award winning Platform Studio(TM) embedded tool suite (full seat
license)
-- Pre-Verified Reference Designs
-- Support for developing Embedded software with Linux or various RTOS'
for PowerPC 440 processor
-- USB JTAG Probe, Regional Power Supply
-- Compact FLASH device, Cross-Over Ethernet & Serial Cables
-- Documentation
Pricing and Availability
The Embedded Development HW/SW Kit - Virtex-5 FX70T FPGA PowerPC & MicroBlaze Processor Edition (Model Number DK-V5-EMBD-ML507-G) is immediately available from Xilinx, sales channels and online store for $2,595 US. For more information, please visit: http://www.xilinx.com/v5embedded.
About the Virtex-5 FXT Platform
The Virtex(R)-5 FXT platform is optimized for high-performance embedded processing, digital signal processing (DSP) and high-speed serial connectivity to offer the ultimate in system integration. The Virtex-5 FXT platform is the capstone of the 65nm Virtex-5 family that began shipping in 2006. Comprised of five new devices, the Virtex-5 FXT platform includes the first FPGAs to feature industry-standard PowerPC(R) 440 processor blocks. It also includes low-power GTX transceivers capable of 6.5Gbps performance and DSP48E slices that deliver more than 190 GMAC's of performance.
About Xilinx
Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit http://www.xilinx.com/.
#0863p
XILINX, the Xilinx Logo, Virtex, Spartan, ISE and other designated brands included herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.
Editorial Contact:
Bruce Fienberg
Xilinx, Inc.
408-879-4631
bruce.fienberg@xilinx.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080811/AQM514 http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Xilinx, Inc.
CONTACT: Bruce Fienberg of Xilinx, Inc., +1-408-879-4631, bruce.fienberg@xilinx.com
Web site: http://www.xilinx.com/
Hoya Announces First Quarter Financial Results for FY2008
TOKYO, Japan, August 11 /PRNewswire/ -- HOYA Corporation today announced financial results for the first quarter
ended June 30, 2008. Net sales were 130.1 billion yen for the quarter,
representing an increase of 33.1% from 97.7 billion yen in the first quarter
of 2007.
Operating income for the quarter was 21.8 billion yen, a 3.5%
decrease compared with 22.6 billion yen in the first quarter of 2007. Net
income for the first quarter was 21.1 billion yen, a 24.0% increase compared
with 17.0 billion yen in the first quarter of 2007, primarily due to profits
on sale of NH Techno Glass stocks, HOYA's equity method affiliate. Earnings
per share for the quarter were 48.97 yen compared with 39.61 yen in the first
quarter of 2007.
"Shrinkage of the semiconductor market and severe price competition of
optical lens business had a negative impact on our first quarter 2008," said
Hiroshi Suzuki, chief executive officer of HOYA. "The market will continue to
be weak, however, our business tends to be better in the second half. We will
focus on endoscopic system as well as eyeglasses and contact lenses to
achieve further growth."
Second Quarter 2008 Forecast
The sales of three Pentax business units have been consolidated since the
third quarter 2007, however, the Company anticipates the Electro-Optics
market to remain weak through the second quarter 2008.
- Net sales of 133.6 billion yen, a 32.3% increase from 100.9 billion yen
in the second quarter 2007
- Operating income of 23.1 billion yen, a 13.8% decrease from
26.8 billion yen in the second quarter 2007
- Net income of 19.2 billion yen, a 8.6% decrease from 21.0
billion yen in the second quarter 2007
- Earnings per share of 44.36 yen compared to 48.64 yen in the
second quarter 2007
The full quarterly report is available in "Financial Statement"
page in HOYA website Investor Relations section at:
http://www.hoya.co.jp/english/
*Results are preliminary and unaudited.
*The yen amounts shown therein are rounded down to the nearest 100
million.
About Hoya Corporation
Hoya Corporation is a global technology company based in Tokyo,
Japan, and the leading supplier of innovative and indispensable high-tech
products and services based upon its advanced optics technologies. Hoya is
active in four fields of business: Electro-Optics makes mask blanks and
photomasks for the semiconductor devices and LCD panels, optical lenses for
digital cameras, and glass memory disks for HDDs. The Eye Care provides
eyeglasses, operates retail shops for contact lenses, and makes intraocular
lenses for cataract surgery. The Life Care provides endoscopic system. The
Imaging produces SLR/compact digital cameras, interchangeable lenses, lens
modules and microlenses. Hoya now has over 100 subsidiaries and affiliates,
and employs approximately 35,000 people worldwide.
Hoya Corporation
Contact Information: Akiko Maeyama / Naoji Ito, Corporate Communications, Hoya Corporation, Tel: +81-3-3952-1166 / E-mail: HOYA-pr@mb.hoya.co.jp
ReneSola to Report Second Quarter 2008 Financial Results on August 19, 2008
JIASHAN, China, Aug. 11 /Xinhua-PRNewswire-FirstCall/ -- ReneSola Ltd (''ReneSola'' or the ''Company'') (AIM: SOLA.L), a leading Chinese manufacturer of solar wafers, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2008 before the U.S. market opens on Tuesday, August 19, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030 )
ReneSola's management will host an earnings conference call on Tuesday, August 19, 2008 at 8 AM U.S. Eastern Daylight Time / 8 PM Beijing/Hong Kong time / 1 PM British Summer Time.
Dial-in details for the earnings conference call are as follows:
U.S. / International: +1-617-597-5313
United Kingdom: +44-207-365-8426
Hong Kong: +852-3002-1672
Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call. The passcode is ''ReneSola Call.''
A replay of the conference call may be accessed by phone at the following number until August 26, 2008:
International: +1-617-801-6888
Passcode: 85970723
About ReneSola
ReneSola Ltd (''ReneSola'') is a leading global solar wafer manufacturer. Capitalizing on proprietary technologies and technical know-how, ReneSola manufactures monocrystalline and multicrystalline solar wafers, which are thin sheets of crystalline silicon material primarily used in the production of solar cells. In addition, ReneSola strives to enhance its competitiveness through upstream integration into virgin polysilicon manufacturing. ReneSola possesses a global network of suppliers and customers that include some of the leading global manufacturers of solar cells and modules. ReneSola's shares are currently traded on the New York Stock Exchange and the AIM of the London Stock Exchange (AIM: SOLA.L). For more information about ReneSola, please visit http://www.renesola.com/ .
For investor and media inquiries, please contact:
In China:
Mr. Charles Bai
ReneSola Ltd
Tel: +86-573-8477-3061
Email: charles.bai@renesola.com
Mr. Derek Mitchell
Ogilvy Financial, Beijing
Tel: +86-10-8520-6284
Email: derek.mitchell@ogilvy.com
In the United States:
Mr. Jeremy Bridgman
Ogilvy Financial, New York
Tel: +1-212-880-5363
Email: jeremy.bridgman@ogilvypr.com
In the UK:
Mr. Tim Feather / Mr. Richard Baty
Hanson Westhouse Limited
Tel: +44-207-601-6100
Email: tim.feather@hansonwesthouse.com / richard.baty@hansonwesthouse.com
Photo: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030
ReneSola Ltd
CONTACT: In China, Mr. Charles Bai of ReneSola Ltd, +86-573-8477-3061, or charles.bai@renesola.com, or Mr. Derek Mitchell of Ogilvy Financial, Beijing, +86-10-8520-6284, or derek.mitchell@ogilvy.com, or in the United States, Mr. Jeremy Bridgman of Ogilvy Financial, New York, +1-212-880-5363, or jeremy.bridgman@ogilvypr.com, or in the UK, Mr. Tim Feather or Mr. Richard Baty of Hanson Westhouse Limited, +44-207-601-6100, or tim.feather@hansonwesthouse.com or richard.baty@hansonwesthouse.com, all for ReneSola
Web Site: http://www.renesola.com/
Global Crossing Connects Norskan Offshore's Operations in BrazilDelivers IP Private Network Services and Network Management Services
SAO PAULO, Brazil, Aug. 11 /PRNewswire-FirstCall/ -- Global Crossing , a leading global IP solutions provider, today announced that it has been successfully providing Private IP Network Services and Network Management Services to Norskan Offshore, a leading Brazilian offshore services provider owned by Norwegian Group DOF, the second largest Norwegian investor in Brazil.
Based in Rio de Janeiro, Norskan Offshore has invested nearly U.S.$700 million in the Brazilian naval industry and currently has six state-of-the-art vessels. Global Crossing's MPLS-based network connects both the shipyards and also the company's headquarters. As part of a three-year contract signed in September 2007, Global Crossing is also providing Network Management Services to Norskan Offshore in four sites in Rio de Janeiro - Botafogo, Ilha do Governador, Niteroi and Macae.
"As we continue to expand our operations in Brazil, it is critical for us to rely on a strategic partner like Global Crossing," said Hans Falnes Ellingsen, president of Norskan. "We're benefiting from Global Crossing's high quality services, which provide us the reliability, performance and security that we need to maintain the high quality of our communications activities."
Through Global Crossing Network Management Services, Global Crossing can partially or entirely manage a customer's communications infrastructure. These services were recently expanded in Latin America and are operated by a dedicated team, 24x7, which includes monitoring technicians, operation engineers, managing engineers and service managers.
"We're very pleased that Norskan Offshore selected Global Crossing to support their growth in Brazil," said Marcos Malfatti, Global Crossing's senior vice president of sales in Brazil. "We strive to provide the best services and solutions to our customers, so that they can focus on their core business."
Global Crossing's IP solutions are fully managed, converged IP solutions designed to seamlessly combine data, voice, video and multimedia applications on a single IP-based platform. The company offers solutions that provide true global reach, scalable connectivity, greater security, guaranteed quality of service, multiple access options, and flexible billing options.
ABOUT NORSKAN OFFSHORE
With its headquarters in Rio de Janeiro, Norskan Offshore is a Brazilian company owned by Norwegian Group DOF, the second largest Norwegian investor in Brazil. In only six years of operation, Norskan has six state-of-the-art vessels available to the Brazilian offshore market, meeting the goal established in its foundation of building one vessel per year. For further information, please visit: http://www.norskan.com.br/ .
ABOUT GLOBAL CROSSING LATIN AMERICA
Global Crossing's Latin American business has operations in Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Peru, Mexico, Venezuela and the United States (Florida). In addition to its IP-based fiber-optic network, Global Crossing's regional infrastructure includes 15 metropolitan networks and 15 world-class data centers located in the main business centers of Latin America.
Global Crossing's reach and experience in Latin America allow it to address the particularities of the region and deliver the solutions each company needs. The company provides services to a variety of customers, including medium and large companies and corporations, institutions and government entities, and telecommunications operators.
ABOUT GLOBAL CROSSING
Global Crossing Limited 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
Becky Yeamans
+ 1 973 937 0155
becky.yeamans@globalcrossing.com
Fernanda Marques
Latin America
+ 55 11 3957 2042
fernanda.marques@globalcrossing.com
Analysts/Investors Contact
Antonio Suarez
+ 1 800 836 0342
Antonio.Suarez@Globalcrossing.com
GEN/PR1
Global Crossing
CONTACT: Press, Becky Yeamans, +1-973-937-0155, becky.yeamans@globalcrossing.com, or Fernanda Marques, Latin America, +55-11-3957-2042, fernanda.marques@globalcrossing.com; Analysts/Investors, Antonio Suarez, 800-836-0342, Antonio.Suarez@Globalcrossing.com, all of Global Crossing
Web site: http://www.globalcrossing.com/ http://www.norskan.com.br/
Fluid Music's Trusonic(R) Is the Right Fit for Johnston & Murphy's Audio Brand
LA JOLLA, Calif., Aug. 11 /PRNewswire/ -- Fluid Music Canada's Trusonic, Inc., provider of the preeminent platform for the digital delivery of Business Music and Messaging to successful brands worldwide, today announced the formation of a new business relationship with retailer Johnston & Murphy. Johnston & Murphy is a pillar of classic workmanship and a beacon of American style with a commitment to quality, craftsmanship and innovation that set the standards for men and women everywhere. Trusonic will provide all music services to more than 150 locations of the fashion provider, effective immediately.
By providing strategic control of music, messaging, and ad placement, Trusonic's audio solution enhances the brand experience, creates a quantifiable connection between business, consumers, and out of home advertisers, and generates new revenue possibilities. Johnston & Murphy capitalized on the massive music library Trusonic makes available and chose to inject Independent emerging artists into a predominantly Major Label mix. The decision allows J&M to strategically control the audio environment for both employee and shopper, while having the depth of additional selection independent music provides. Additionally, Trusonic's roster of independent artists can eliminate repetition and reduce costs while maintaining an exciting branded experience.
"Music is critical to our store environment, and Trusonic has provided a flexible, custom playlist that's relevant and appropriate for our demographic," said Shannon McIntosh, Marketing Manager for Johnston & Murphy. "Throughout the system implementation, Trusonic has been extremely accommodating and has demonstrated unwavering, premium customer support. We have already received compliments from both store employees and customers on the music."
Lorne Abony, Chief Executive Officer and Chairman of the Board of Fluid Music, Trusonic's parent company, stated, "J&M's unique understanding of the retail environment and Trusonic's sophisticated background music and messaging environment technology are a natural fit. We appreciate that Johnston & Murphy chose Trusonic for all it does well -- the depth of our available music catalog, the availability of independent and emerging artists, customer service that responds quickly and effectively and our singular understanding of their branded environment."
Among additional functionality Trusonic provides are auditable ad play reports retrievable at any time, and message addition or removal within minutes at one, or every location worldwide. Trusonic's music library, now at more than 5 million tracks, remains the largest licensed library on the globe.
For more information on Trusonic, go to http://www.trusonic.com/. For information on Johnston & Murphy go to http://www.johnstonmurphy.com/.
About Trusonic
Trusonic's comprehensive audio solution creates an immediate, quantifiable connection between business, consumers, and Digital Out-of-Home advertisers, and is favored worldwide by many of the most successful retail and hospitality brands for its ability to target messaging and enhance the brand experience. Trusonic is a wholly owned subsidiary of Fluid Music Canada, Inc., a public company listed on the Toronto Stock Exchange (TSX: FMN). Fluid Music is the world's largest private label music aggregation and distribution company. For more information regarding Trusonic email brosen@trusonic.com.
Trusonic, Inc.
CONTACT: Lorne Abony of Fluid Music Canada, Inc., +1-310-665-9878
Web site: http://www.trusonic.com/
Perfect World to Announce Second Quarter 2008 Financial Results on August 18, 2008
BEIJING, Aug. 11 /Xinhua-PRNewswire/ -- Perfect World Co., Ltd. (''Perfect World'' or the ''Company''), a leading online game developer and operator in China, today announces that it will release unaudited financial results for the second quarter ended June 30, 2008, before the market opens on Monday, August 18, 2008.
The Company will host a corresponding conference call and live webcast at 8:00 am Eastern Daylight Time (EDT) the same day 8:00 pm Beijing time.
The dial-in details for the live conference call are as follows:
-- U.S. Toll Free Number + 1-866-362-4829
-- International dial-in number +1-617-597-5346
-- China Toll Free Number 10-800-130-0399
Passcode: PWRD
A live and archived webcast of the conference call will be available on the Investor Relations section of Perfect World's website at http://www.pwrd.com/ .
A telephone replay of the call will be available after the conclusion of the conference call through 10:00 am Eastern Daylight Time, August 25, 2008.
The dial-in details for the replay are as follows:
-- U.S. Toll Free Number +1-888-286-8010
-- International dial-in number +1-617-801-6888
Passcode: 63027279
About Perfect World Co., Ltd. ( http://www.pwrd.com/ )
Perfect World Co., Ltd. is a leading online game developer and operator in China. Perfect World primarily develops three-dimensional (''3D'') online games based on the proprietary Angelica 3D game engine and game development platform. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games that are designed to cater to changing customer preferences and market trends in China. The Company's current portfolio of self-developed online games includes 3D massively multiplayer online role playing games (''MMORPGs''): ''Perfect World,'' ''Legend of Martial Arts,'' ''Perfect World II,'' ''Zhu Xian,'' and ''Chi Bi;'' and a 3D online casual game: ''Hot Dance Party.'' While most revenues are generated in China, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia, Europe and South America. The Company plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time.
For further information, please contact:
Perfect World Co., Ltd.
Vivien Wang
Investor Relations Officer
Tel: +86-10-5885-1813
Fax: +86-10-5885-6899
Email: ir@pwrd.com
http://www.pwrd.com/
Christensen Investor Relations
Peter Homstad
Tel: +1-480-614-3026
Fax: +1-480-614-3033
Email: phomstad@christensenir.com
Jung Chang
Tel: +852-2117-0861
Fax: +852-2117-0869
Email: jchang@christensenir.com
Perfect World Co., Ltd.
CONTACT: Perfect World Co., Ltd. - Vivien Wang, Investor Relations Officer, +86-10-5885-1813, or fax, +86-10-5885-6899, or ir@pwrd.com; Christensen Investor Relations - Peter Homstad, +1-480-614-3026, or fax, +1- 480-614-3033, or phomstad@christensenir.com; Jung Chang, +852-2117-0861, or fax, +852-2117-0869, or jchang@christensenir.com
Web Site: http://www.pwrd.com/
Telanetix, Inc. to Present at Security Research Associates' 4th Annual Summer Technology Conference
BELLEVUE, Wash., Aug. 11 /PRNewswire-FirstCall/ -- Telanetix, Inc. (OTC BB: TNXI), a leading IP solutions provider offering telepresence and VoIP services to business markets, announced today that Doug Johnson, chief executive officer, will be presenting at the 4th Annual Summer Technology Conference hosted by Security Research Associates. The presentation will be at 11:00am PT. The conference will be held on Monday, August 18, 2008 at the Omni Hotel in San Francisco.
Conference attendees will include a select group of institutional portfolio managers and analysts, and will feature CEO's and CFO's from some of the fastest growing companies in the technology sector. SRA has arranged for webcasting of company presentations during this event. To access the lobby page for the webcast of presenting companies please go to: http://www.wsw.com/webcast/sra7/
Telanetix offers its telepresence service to businesses in a variety of customizable formats, all of which deliver a superior value. For further information, contact Jeff Salzwedel with Salzwedel Financial Communications at (503) 722-7300, jeff@sfcinc.com.
About Security Research Associates, Inc.
Security Research Associates, Inc. (SRA) was founded in San Francisco in 1980 and, today, offers investment banking and M&A services as well as institutional brokerage services. A boutique firm by design, SRA works with a select group of portfolio managers from around the country and focuses on technology and life science companies in the micro and small cap arenas. For more information about SRA see our web site at http://www.sracap.com/ or call us at 415-925-0346.
About Telanetix, Inc.
Telanetix is a leading communications solutions provider offering telepresence and voice over IP (VoIP) services to all business market segments. Telanetix solutions meet the real-world communications demands of its customers with an industry-leading value proposition. The company's telepresence offering, called Digital Presence(TM), creates fully immersive and interactive meeting environments that incorporate voice, video and data from multiple locations into a single environment. The company's Voice offerings, marketing under the "AccessLine" brand, give companies flexible calling solutions, a simpler installation experience, and a greater range of support options than traditional telecom providers. Additional information may be found at the Telanetix corporate website, http://www.telanetix.com/
Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof.
Telanetix, Inc.
CONTACT: Kent Hellebust of Telanetix, Inc., +1-206-515-9160, khellebust@telanetix.com; or Investor Relations, Jeff Salzwedel of Salzwedel Financial Communications, Inc., +1-503-722-7300, jeff@sfcinc.com; or Media, Todd Barrish of Dukas PR, +1-212-704-7385, todd@dukaspr.com
Web site: http://www.telanetix.com/ http://www.sracap.com/
Roxio Launches Online Storytelling PlatformEverything Families Need to Easily Capture and Share Life's Greatest Moments
SANTA CLARA, Calif., Aug. 11 /PRNewswire-FirstCall/ -- Roxio(R), a division of Sonic Solutions(R) , the leader in digital media software, today launched Roxio Online with PhotoShow(R), a new Web service that enables families to quickly and simply turn their personal photos and video clips into engaging multimedia slideshows that can be shared privately with close friends and family. Whether it is photos or footage shot during a recent vacation, college graduation or other important family event, Roxio Online makes it easy and fun to turn these personal memories into an expressive multimedia slideshow complete with rich special effects and transitions, creative animations and captions, and a professional soundtrack. Families and others can begin to create unique personal stories that can be shared and enjoyed on PCs, DVDs, TVs, handhelds, and popular social media sites, all through a free subscription available at: http://www.roxio.com/go/online.
"There is nothing more gratifying than being able to share the joys of our lives with the ones closest to us," said Matt DiMaria, general manager of the Roxio division of Sonic Solutions. "With busy schedules and physical distances, photos and videos play an integral part in how we communicate in today's digital world. Roxio Online brings families together by not only making it easier than ever to create unique stories to instantly share with relatives across the globe but also by providing a complete storytelling platform that appeals to any memory keeper."
Consumers can test-drive the service and create PhotoShow presentations for free, and then subscribe to the premium service, which unlocks a host of additional creation and sharing capabilities. Premium subscribers are able to select from over 150 one-click themes that suit any occasion, enhance their story with over 500 animated graphics, add a commentary with more than 40 different title and caption treatments, and then pick the perfect accompanying soundtrack from more than 400 licensed professional music tracks. To see a visual demonstration of Roxio Online in action visit: http://www.roxioonline.com/watch/iT5Bp3Ag, or to read about the experience of Dave Habiger, Sonic CEO and president, with PhotoShow go to: http://blog.roxio.com/mymoments/2008/08/making_digital_connections.html.
Bringing authors and viewers together, Roxio Online users can create a free web page with channels dedicated to specific events or occasions and share shows with family and friends by embedding final productions in popular sites like MySpace and Facebook or personal blogs such as Blogger. Users can also add a PhotoShow channel to their MSN, Yahoo, or Google pages or to their iTunes Podcast library. Roxio Online is also the only service that allows users to broadcast shows directly to cable TV, where they appear as a video-on-demand offering. Modern day digital storytellers can also turn their favorite PhotoShow stories into professionally created keepsake DVDs to enjoy and share for years to come.
Pricing and Availability
The Roxio Online premium service is priced at $39.99 a year and available now at http://www.roxio.com/go/online.
About Roxio
Roxio, Sonic's consumer products group, develops a range of award-winning digital media creation, management, preservation, sharing, and enjoyment applications for home and business users under the Roxio brand. Roxio products offer the perfect blend of ease and power, enabling consumers to achieve professional results from their photo, video, and music projects with minimal effort. Roxio's flagship applications, Easy Media Creator(R) for the PC and Toast(R) for the Apple Macintosh, are the best-selling products in their respective categories in North American retail.
Roxio's parent company, Sonic Solutions (NASDAQ: SNIC; http://www.sonic.com/), enables the creation, management, and enjoyment of digital media content through its Hollywood to Home(TM) products, services, and technologies. Sonic's products range from the advanced authoring systems used to produce Hollywood DVD and Blu-ray Disc titles to the award-winning Roxio-branded photo, video, music, and digital-media management applications and services. Sonic's patented technologies and AuthorScript(R) media engine are relied upon by leading technology firms to define rich media experiences on a wide array of consumer electronics, mobile devices, set-top players, retail kiosks, and PCs. Always an innovator, Sonic has taken a leading role in helping professional and consumer markets make the successful transition to the new high-definition media formats and, through the Qflix(TM) platform, Sonic is defining new models for the digital distribution of Hollywood entertainment. Sonic Solutions is headquartered in Marin County, California.
Forward Looking Statements
This press release may contain forward-looking statements that are based upon current expectations, including the launch, distribution, and market acceptance of Roxio Online service. Actual results could differ materially from those projected in the forward looking statements as a result of various risks and uncertainties, including those discussed in Sonic Solutions' annual and quarterly reports on file with the Securities and Exchange Commission. This press release should be read in conjunction with Sonic Solutions' most recent annual report on Form 10-K, Form 10-Q and other reports on file with the Securities and Exchange Commission, which contain a more detailed discussion of the Company's business including risks and uncertainties that may affect future results. Sonic Solutions does not undertake to update any forward-looking statements.
Sonic, the Sonic logo, Sonic Solutions, Roxio, the Roxio logo, PhotoShow, Roxio Online, Easy Media Creator, Toast, Hollywood to Home, AuthorScript and Qflix are trademarks or registered trademarks owned by Sonic Solutions in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject to change without notice.
Roxio
CONTACT: Mirka Janus of Sonic Solutions, +1-408-367-5255, Mirka_Janus@sonic.com, for Roxio
Web site: http://www.sonic.com/ http://www.roxio.com/
MIPS Technologies Announces USB PHY BreakthroughsIndustry's First 40nm and First USB-certified 1.8v 45nm IP Cores
MOUNTAIN VIEW, Calif., Aug. 11 /PRNewswire-FirstCall/ -- MIPS Technologies, Inc. , a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, today introduced the industry's first 40nm USB PHY IP core and first USB-certified 1.8v 45nm USB PHY IP core. These cores enable developers to quickly and confidently integrate USB functionality into their advanced SoCs for a vast number of consumer applications. A leading cellular communications chipset provider will be first to go into production with an SoC that integrates MIPS Technologies' silicon-proven 1.8v 45nm PHY.
According to technology market research firm In-Stat, more than 2.6 billion wired USB-enabled devices were shipped in 2007, penetrating PCs, PC peripherals, consumer electronics, communications, and automobiles. The firm predicts that annual shipment growth of USB-enabled devices through 2012 will be 8.3%.
"With our new USB PHY IP offerings, we continue our strategy of being first to offer proven IP in the most advanced technology nodes, giving our customers early access for next-generation development," said Celio Albuquerque, director of physical connectivity solutions, Analog Business Group, MIPS Technologies. "As USB market growth continues, customers are leveraging our USB IP solutions, including PHYs and controllers, to get to market quickly at the lowest possible cost and the fastest time to integration."
MIPS Technologies' new USB PHY IP cores represent a new generation of USB physical layer architectures using 1.8v or alternatively 2.5v IO devices to deliver the industry's lowest power consumption for 45nm and 40nm SoC designs. Low power, along with a compact, silicon-saving design, makes these IP cores especially well-suited for leading-edge mobile applications. Advanced programmability allows developers to fine-tune the analog parameters of their system for maximum performance results in silicon.
MIPS Technologies offers the broadest IP portfolio in the market, with silicon-proven and certified solutions in all major foundries and processes-including half nodes-backed by deep USB expertise and professional engineering support. MIPS Technologies has more than 90 USB PHY IP customers worldwide with more than 200 USB 2.0 PHY instantiations, more than 30 USB 2.0 certified products in mass-production, and more than 200 million high-speed USB chips produced to-date. MIPS Technologies is the first in the market to offer a choice of 2.5v and 1.8v transistors for USB PHYs.
About MIPS Technologies, Inc.
MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets-including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32- bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit http://www.mips.com/.
MIPS is a trademark or registered trademark in the United States and other countries of MIPS Technologies, Inc. Chipidea is a trademark or registered trademark in the United States and other countries of MIPSABG Chipidea, Lda. All other trademarks referred to herein are the property of their respective owners.
MIPS Technologies, Inc.
CONTACT: Jen Bernier of MIPS Technologies, Inc., +1-650-567-5178 jenb@mips.com
Web site: http://www.mips.com/
VanceInfo Announces Joint Venture to Provide IT Outsourcing Services to Financial Services Industry
BEIJING, Aug. 11 /Xinhua-PRNewswire/ -- VanceInfo Technologies Inc. , an IT service provider and one of the leading offshore software development companies in China, today announced that, through one of its subsidiaries, it has recently entered into an agreement to purchase a 33% stake in Link Result Limited ("Link Result"), a provider of IT outsourcing services in China.
Link Result, through its operating subsidiary, A-IT Software Services Co., Ltd. (Shanghai) (AIT), provides information technology outsourcing services primarily to multinational financial institutions in China. As of July 31, 2008, it had a team of 77 employees who have extensive experience in IT services for the financial sector. In the first half of 2008, AIT generated approximately RMB 9.1 million, or US$1.3 million, in net revenues.
In connection with the transaction, VanceInfo will pay $0.33 million in cash to the current shareholder for a 33% stake in Link Result and lend US$0.5 million to Link Result for its working capital needs. VanceInfo will have the right to acquire the remaining 67% in the next 18 months at its sole discretion. The total purchase price for the remaining 67% will depend on Link Result's financial performance as defined in the shareholders' agreement.
Mr. Chris Chen, Chief Executive Officer of VanceInfo Technologies, commented, "We are delighted to enter into this strategic alliance with Link Result. It demonstrates our commitment to investing and expanding our capabilities in the financial services vertical. The AIT team has many years of experience in the financial services domain. Leveraging VanceInfo's broader platform and brand recognition, we believe the joint venture is well positioned to capture a larger share in this rapidly growing vertical market."
The transaction is expected to close in the third quarter of 2008.
About VanceInfo
VanceInfo Technologies Inc. is an IT service provider and one of the leading offshore software development companies in China. VanceInfo was the first China software development outsourcer listed on the New York Stock Exchange.
The Company ranked number one among Chinese offshore software development service providers for the North American and European markets as measured by 2007 revenues, according to International Data Corporation, or IDC, a leading independent market research firm.
VanceInfo's comprehensive range of IT services includes research & development services, enterprise solutions, application development & maintenance, quality assurance & testing, and globalization & localization. VanceInfo provides these services primarily to corporations headquartered in the United States, Europe, Japan, and China, targeting high growth industries such as technology, telecommunications, financial services, manufacturing, retail and distribution.
Safe Harbor
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, should, expects, anticipates, future, intends, plans, believes, estimates, and similar statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Further information regarding these and other risks is included in VanceInfo's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1. All information provided in this press release and in the attachments is as of August 11, 2008, and VanceInfo does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
VanceInfo Technologies Inc.
CONTACT: Melissa Ning, Director, Investor Relations of VanceInfo Technologies Inc., +86-10-8282-5330, or ir@vanceinfo.com
Corning Cable Systems 10G Ready FutureCom(TM) 10TENe Copper System Exceeds Most Stringent Industry Standards
BERLIN, August 11 /PRNewswire/ --
- Exceptional Performance Makes it the Solution of Choice for
Data Centres
Corning Cable Systems LLC, part of Corning Incorporated's (NYSE:GLW)
Telecommunications segment, announces that its FutureCom(TM) 10TENe System
exceeds international ISO/IEC 11801:2002 Amd1:2008 and American
ANSI/TIA/EIA-568-B.2-10-CAT6A system standards requirements.
Corning Cable Systems FutureCom 10TENe System is the newest addition to
the high-performance FutureCom solutions and has been specifically developed
to support 10Gbit/s applications over 100 metres, making the solution ideal
for data centre environments. The FutureCom10TENe System is fully compliant
with the IEEE 802.3an and the recently released new EA class. Moreover, the
system is suitable for Power over Ethernet and PoE Plus applications.
The FutureCom 10TENe System's high-quality level of performance,
alongside its immunity to alien near-end and far-end cross talk, ensures
network security and an investment in the future. This also facilitates
upgrades to higher classes and future applications without the need to
replace backbone cables. The cabling system is designed for optimal
electrical characteristics at minimum diameter and weight, addressing the
crucial space and cooling issues of data centres.
The FutureCom S10TENe Module has received the GHMT Premium certification
from the accredited test lab for cabling and connection components, GHMT. The
module becomes the preferred choice for data centres and LANs due to its
robustness, ease of installation and handling. The die-cast housing provides
360-degree protection, and the secured dust protection lid shields unused
ports in harsh environments. The innovative three-component architecture, the
intuitive wire management system and the integrated cable strain relief makes
installation simpler and faster. The IDC (insulation displacement connector)
technology allows for fast and easy termination without special tooling or
wire preparation.
For additional information on Corning Cable Systems products and
services, contact a customer service representative at +49-800-267-646-41,
toll free in Europe, or visit the Web site at
http://www.corning.com/cablesystems.
About Corning Incorporated
Corning Incorporated (http://www.corning.com) is the world leader in
specialty glass and ceramics. Drawing on more than 150 years of materials
science and process engineering knowledge, Corning creates and makes keystone
components that enable high-technology systems for consumer electronics,
mobile emissions control, telecommunications and life sciences. Our products
include glass substrates for LCD televisions, computer monitors and laptops;
ceramic substrates and filters for mobile emission control systems; optical
fibre, cable, hardware & equipment for telecommunications networks; optical
biosensors for drug discovery; and other advanced optics and specialty glass
solutions for a number of industries including semiconductor, aerospace,
defence, astronomy and metrology.
Corning Cable Systems LLC
Corning Cable Systems Contact: Guillermo Idáñez, +49-30-5303-2362, guillermo.idanez@corning.com; Media Relations Contact, M. Elizabeth Dann, +1-607-974-4989, dannme@corning.com
Le système Ready FutureCom(TM) 10TENe en cuivre de 10 Gbit de Corning Cable Systems dépasse la majorité des normes sévères de l'industrie
BERLIN, August 11 /PRNewswire/ --
- Son rendement exceptionnel en fait la solution de choix pour les
centres de données
Corning Cable Systems LLC, une partie du segment Télécommunications de
Corning Incorporated (NYSE : GLW), annonce que son système FutureCom(TM)
10TENe dépasse les normes internationales ISO/IEC 11801:2002 Amd1:2008 et
américaines ANSI/TIA/EIA-568-B.2-10-CAT6A relatives aux systèmes.
Le système FutureCom 10TENe de Corning Cable Systems constitue le tout
dernier ajout aux solutions FutureCom à haute performance et a été
spécialement conçu en vue de la prise en charge d'applications de 10 Gbit/s
sur une distance de 100 mètres, ce qui en fait la solution idéale pour les
environnements de centres de données. Le système FutureCom 10TENe est
entièrement conforme à la norme IEEE 802.3an et à la norme de classe EA,
récemment établie. De plus, le système est adapté aux applications alimentées
par câble Ethernet (Power over Ethernet - PoE) et PoE Plus.
La qualité de transmission élevée du système FutureCom 10TENe, en plus de
son immunité à l'égard de la paradiaphonie exogène et de la téléphonie
exogène, garantit la sûreté du réseau et un investissement pour demain. Ce
système facilite également les mises à niveau vers des classes supérieures et
des applications futures, et ce, sans qu'il soit nécessaire de remplacer les
câbles de réseau central. Le système de câblage est conçu en vue de
l'obtention des caractéristiques électriques optimales à un diamètre et un
poids minimaux, réglant ainsi les questions cruciales de l'espace et de
refroidissement des centres de données.
Le module FutureCom S10TENe a reçu la certification GHMT Premium du
laboratoire accrédité d'essais des composantes de câblage et de connexion,
GHMT. Le module est devenu le premier choix des centres de données et des
réseaux locaux d'entreprise (RLE) en raison de sa robustesse, de sa facilité
d'installation et de sa manipulation. Le boîtier moulé sous pression offre
une protection de 360 degrés, et le couvercle antipoussière sécurisé protège
les ports inutilisés dans des conditions difficiles. L'architecture innovante
à trois composantes, le système intuitif de câblage et le réducteur de
tension dans les câbles intégré rendent l'installation plus simple et plus
rapide. La technologie du connecteur autodénudant (CAD) permet un
raccordement rapide et simple, sans préparation spéciale en matière d'outils
ou de câbles.
Pour obtenir de plus amples renseignements sur les produits et les
services de Corning Cable Systems, veuillez contacter un représentant du
service à la clientèle au +49-800-267-646-41, sans frais en Europe, ou
consulter le site Web de la société, à l'adresse
http://www.corning.com/cablesystems.
À propos de Corning Incorporated
Corning Incorporated (http://www.corning.com) est le leader mondial en
matière de verre et de céramique spécialisée. S'appuyant sur plus de 150 ans
de connaissances en matière de science des matériaux et d'étude des procédés,
Corning créé et fabrique des composantes clés permettant la création de
systèmes de haute technologie dans les domaines des appareils électroniques
grand public, du contrôle des émissions mobiles, des télécommunications et
des sciences de la vie. Nos produits comprennent des substrats de verre pour
des télévisions à écran ACL, des moniteurs d'ordinateur et des ordinateurs
portables ; des substrats céramiques et des filtres de céramique pour les
systèmes de contrôle des émissions mobiles ; des fibres, des câbles, du
matériel et de l'équipement optiques pour des réseaux de télécommunications ;
des biocapteurs optiques pour la détection de médicaments ; ainsi que
d'autres solutions d'optique de pointe et de verre spécialisé destinées à de
nombreuses industries, dont celles des semi-conducteurs, de l'aérospatial, de
la défense, de l'astronomie et de la métrologie.
Corning Cable Systems LLC
Contact de Corning Cable Systems : Guillermo Idáñez, +49-30-5303-2362, guillermo.idanez@corning.com ; Contact pour les relations avec les médias, M. Elizabeth Dann, +1-607-974-4989, dannme@corning.com
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