Companies news of 2008-09-15 (page 1)
U.S. Auto Parts Network, Inc. to Present at the Thomas Weisel Partners Consumer Conference...
WPCS Reports Fiscal First Quarter 2009 EarningsRevenues of $28.3 MillionDiluted Earnings...
Powell Industries Reports No Significant Facility Damage From Hurricane Ike
Plexus Awarded Manufacturing Contract With Kirby Lester
Danaher Schedules Third Quarter Conference Call
Harris Stratex Networks to Announce Q4 Fiscal 2008 Financial Results
Varian, Inc. Board of Directors Makes Officer Changes
Sigma Micro to Offer PayPal (R) for Ecommerce Payment OptionsDirect Retail Software...
blinkx Enhances User Experience with NeuStar's UltraDNS ServicesWorld's Most Advanced...
WorldHeart Receives Favorable Decision to Continue NASDAQ Listing
146 Latino Students Across the Country to Receive $680,000 in Verizon...
Wireless Phone Users in Illinois' St. Clair County Now Experience Even Clearer Reception...
USATODAY.com Flight Community Wins Online Journalism Award
MTV Digital Launches Backchannel: The Party Game for the 21st CenturyBackchannel bridges...
Microsoft s'apprête à signer un partenariat mondial avec SWIFT pour la mise en place de...
Geoff Johns Announced as Writer for Upcoming DC Universe(TM) Online Video GameAcclaimed DC...
STERIS Isomedix Services Offers Gamma Engineering Run Program
Microscan to Purchase Siemens' Machine Vision BusinessAcquisition expands technology...
Consolidated Communications Assesses Impact of Hurricane Ike- Financial Impact Not...
PASSUR Aerospace Reports Profits Up 31% on a 35% Revenue Increase for First Nine Months of...
/C O R R E C T I O N -- Microsoft Corp./
Spirent(R) Communications Drives Data Centre Evolution with Industry's First Fibre Channel...
Spirent(R) Communications Announces First Public Demonstration of GPS/Galileo/GLONASS...
This Is FiOS and This Is Big! Really Big! Verizon FiOS TV Makes Its Western New York...
Stinger Systems Closes $3MM Financing
Next Inning Technology Updates Outlooks for Micron, Qimonda, SanDisk, and Spansion
FairPoint Preserves Capital Availability; Borrows Balance of Delayed Draw Term Loan...
Blackboard Inc. to Present at the Bank of America 38th Annual Investment Conference
Supermicro lance ses SuperServers 6 COEURS
U.S. Auto Parts Network, Inc. to Present at the Thomas Weisel Partners Consumer Conference September 22
CARSON, Calif., Sept. 15 /PRNewswire-FirstCall/ -- U.S. Auto Parts Network, Inc. , announced today that Michael McClane, the Company's Chief Financial Officer, will present at the Thomas Weisel Partners Consumer Conference to be held on September 22 through September 23, 2008, at the Mandarin Oriental Hotel, New York.
U.S. Auto Parts' investor presentation is scheduled for Monday, September 22, 2008 at 11:30 a.m. ET.
The presentation will be webcast live and archived online on the Investor Relations section of the Company's website at http://www.usautoparts.net/.
About U.S. Auto Parts Network, Inc.
Established in 1995, U.S. Auto Parts is a leading online provider of automotive aftermarket parts, including body parts, engine parts, performance parts and accessories. Through the Company's network of websites, U.S. Auto Parts provides individual consumers with a broad selection of competitively priced products that are mapped by a proprietary product database to product applications based on vehicle makes, models and years. U.S. Auto Parts' flagship websites are located at http://www.partstrain.com/ and http://www.autopartswarehouse.com/ and the Company's corporate website is located at http://www.usautoparts.net/.
U.S. Auto Parts is headquartered in Carson, California.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are based on management's current expectations, estimates and projections about the Company's business and its industry, as well as certain assumptions made by the Company. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the Company's expectations regarding its future operating results and financial condition, impact of changes in our key operating metrics, our potential growth, our liquidity requirements, and the status of our auction rate preferred securities. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, the demand for the Company's products; the potential economic downturn that could adversely impact retail sales, the competitive and volatile environment in the Company's industry; the Company's ability to expand and price its product offerings, control costs and expenses, and provide superior customer service; the mix of products sold by the Company; the effect and timing of technological changes and the Company's ability to integrate such changes and maintain, update and expand its infrastructure and improve its unified product catalog; the Company's ability to improve customer satisfaction and retain, recruit and hire key executives, technical personnel and other employees in the positions and numbers, with the experience and capabilities, and at the compensation levels needed to implement the Company's business plans both domestically and internationally; the Company's cash needs; the Company's need to assess impairment of intangible assets and goodwill; any changes in the search algorithms by leading Internet search companies; and the Company's ability to comply with Section 404 of the Sarbanes-Oxley Act and maintain an adequate system of internal controls; any remediation costs or other factors discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"), including the Risk Factors contained in the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at http://www.usautoparts.net/ and the SEC's website at http://www.sec.gov/. You are urged to consider these factors carefully in evaluating the forward-looking statements in this release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. Unless otherwise required by law, the Company expressly disclaims any obligation to update publicly any forward-looking statements, whether as result of new information, future events or otherwise.
Investor Contacts:
Michael McClane, Chief Financial Officer
U.S. Auto Parts Network, Inc.
michael@usautoparts.com
(310) 735-0085
Anne Rakunas / Laura Foster
ICR, Inc.
(310) 954-1100
anne.rakunas@icrinc.com
laura.foster@icrinc.com
U.S. Auto Parts Network, Inc.
CONTACT: investors, Michael McClane, Chief Financial Officer of U.S. Auto Parts Network, Inc., +1-310-735-0085, michael@usautoparts.com; or Anne Rakunas, anne.rakunas@icrinc.com, or Laura Foster, laura.foster@icrinc.com, both of ICR, Inc., +1-310-954-1100, for U.S. Auto Parts Network, Inc.
Web site: http://www.usautoparts.net/ http://www.partstrain.com/ http://www.autopartswarehouse.com/
WPCS Reports Fiscal First Quarter 2009 EarningsRevenues of $28.3 MillionDiluted Earnings Per Share of $0.12
EXTON, Pa., Sept. 15 /PRNewswire-FirstCall/ -- WPCS International Incorporated , a leader in design-build engineering services for specialty communications systems and wireless infrastructure, today reported results for the fiscal 2009 first quarter ended July 31, 2008. WPCS reported revenues of $28.3 million for the 2009 first quarter representing an increase of 29.6% from revenues of $21.8 million reported for the corresponding period in the 2008 fiscal year. The increase in revenues during the first quarter of 2009 was driven by a 36.3% increase in revenues from the Company's specialty communications systems operations and was attributable to several acquisitions completed in earlier periods. WPCS also reported net income of $838 thousand, or $0.12 per diluted share, for the 2009 first quarter ended July 31, 2008 compared to net income of $1.3 million, or $0.16 per diluted share, for the 2008 first quarter ended July 31, 2007.
"We are pleased with our results for the fiscal 2009 first quarter, which met our internal expectations," stated Andrew Hidalgo, WPCS International Incorporated's Chairman and Chief Executive Officer. "Our revenue continues to grow despite an operating environment that remains somewhat challenging due to economic conditions. We remain focused on providing high quality services to customers in the specialty communication systems and wireless infrastructure sectors. Specifically, we continue to see market demand in the specialty communication systems market, which is the largest portion of our business, and remain confident that WPCS is well positioned to continue to capitalize on growth opportunities in this sector."
Highlights for the first quarter of 2009 included the following:
-- Revenues from the specialty communication systems segment represented approximately 88% of total revenue in the fiscal 2009 first quarter compared to 84% during the fiscal 2008 first quarter. Revenues from the wireless infrastructure services segment represented approximately 12% of total revenue in the fiscal 2009 first quarter compared to 16% in the fiscal 2008 first quarter.
-- The backlog of unfilled orders for WPCS was approximately $54 million at July 31, 2008 compared to $31 million at the corresponding period in 2007.
-- Additionally, the Company's bid list -- representing project bids under proposal for new and existing customers -- was approximately $156 million at July 31, 2008 compared to $96 million at July 31, 2007.
-- WPCS continues to maintain a healthy financial position with approximately $4.0 million in cash and cash equivalents, approximately $28.4 million in working capital and credit facility borrowings of $7.6 million as of July 31, 2008.
Conference Call Details
WPCS has scheduled a conference for today at 5:30 p.m. Eastern Time to discuss 2009 first quarter results. Please dial 303-262-2143 and ask for the WPCS call at least 10 minutes prior to the start time. A telephonic replay of the call will be available through 11:59 p.m. Eastern Time on September 22, 2008 and may be accessed by dialing 303-590-3000 using the passcode 11119167#. An audio archive will also be available on WPCS's website at http://www.wpcs.com/ shortly after the call and will be accessible for approximately ninety days.
About WPCS
WPCS is a design-build engineering company that focuses on the implementation requirements of wireless technology. The company serves the specialty communication systems and wireless infrastructure sectors and provides services that include site design, technology integration, electrical contracting, construction and project management for corporations, government entities and educational institutions worldwide. For more information, please visit http://www.wpcs.com/.
Forward-Looking Statements
Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements.
Investor Contact:
Gus Okwu / DRG&E
404-532-0086
gokwu@drg-e.com
WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME
Unaudited
Three Months Ended
July 31,
2008 2007
REVENUE $28,267,531 $21,816,006
COSTS AND EXPENSES:
Cost of revenue 20,184,874 15,187,752
Selling, general and
administrative expenses 5,937,489 4,059,256
Depreciation and amortization 689,142 529,587
Total costs and expenses 26,811,505 19,776,595
OPERATING INCOME 1,456,026 2,039,411
OTHER EXPENSE (INCOME):
Interest expense 111,603 122,582
Interest income (26,039) (214,512)
Minority interest 41,246 3,648
INCOME BEFORE INCOME TAX PROVISION 1,329,216 2,127,693
Income tax provision 490,905 855,078
NET INCOME $838,311 $1,272,615
Basic net income per common share $0.12 $0.18
Diluted net income per common share $0.12 $0.16
Basic weighted average number of common
shares outstanding 7,251,083 6,973,659
Diluted weighted average number
of common shares outstanding 7,260,035 8,050,686
WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
July 31, April 30,
ASSETS 2008 2008
(Unaudited)
CURRENT ASSETS:
Cash and cash equivalents $3,995,309 $7,449,530
Accounts receivable, net of
allowance of $94,067 and $98,786
at July 31, 2008 and April 30, 2008,
respectively 32,417,735 29,092,488
Costs and estimated earnings in
excess of billings on uncompleted
contracts 4,808,297 3,887,152
Inventory 3,345,333 2,791,782
Prepaid expenses and other current
assets 1,586,413 1,002,993
Prepaid income tax - 122,342
Deferred tax assets 158,873 35,939
Total current assets 46,311,960 44,382,226
PROPERTY AND EQUIPMENT, net 7,035,920 6,828,162
OTHER INTANGIBLE ASSETS, net 2,671,518 2,929,937
GOODWILL 32,239,771 28,987,501
OTHER ASSETS 395,383 820,315
Total assets $88,654,552 $83,948,141
LIABILITIES AND SHAREHOLDERS' EQUITY July 31, April 30,
2008 2008
(Unaudited)
CURRENT LIABILITIES:
Current portion of loans payable $697,141 $1,272,112
Borrowings under line of credit - 750,000
Current portion of capital lease
obligations 70,637 91,491
Accounts payable and accrued
expenses 8,572,132 9,305,791
Billings in excess of costs and
estimated earnings on uncompleted
contracts 4,829,142 3,602,422
Deferred revenue 869,169 602,560
Due to shareholders 2,588,262 2,300,083
Income taxes payable 328,444 -
Total current
liabilities 17,954,927 17,924,459
Borrowings under line of credit 7,626,056 4,376,056
Loans payable, net of current portion 131,538 156,978
Capital lease obligations, net of
current portion 233,971 215,780
Deferred tax liabilities 1,626,918 1,173,786
Total liabilities 27,573,410 23,847,059
Minority interest in subsidiary 1,373,096 1,331,850
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Preferred stock - $0.0001 par
value, 5,000,000 shares authorized,
none issued - -
Common stock - $0.0001 par value,
75,000,000 shares authorized,
7,251,083 shares issued and
outstanding at July 31, 2008 and
April 30, 2008 725 725
Additional paid-in capital 50,802,710 50,775,938
Retained earnings 8,547,873 7,709,562
Accumulated other comprehensive
income on foreign currency
translation 356,738 283,007
Total shareholders'
equity 59,708,046 58,769,232
Total liabilities
and shareholders'
equity $88,654,552 $83,948,141
WPCS International Incorporated
CONTACT: Gus Okwu of DRG&E, +1-404-532-0086, gokwu@drg-e.com, for WPCS International Incorporated
Web site: http://www.wpcs.com/
Powell Industries Reports No Significant Facility Damage From Hurricane Ike
HOUSTON, Sept. 15 /PRNewswire-FirstCall/ -- Powell Industries, Inc. , a leading manufacturer of equipment and systems for the management and control of electrical energy and other critical processes, today announced that it has not experienced significant damage as a result of Hurricane Ike to any of its Houston-based facilities.
Preliminary assessments indicate that only minor damage occurred at the Company's Mosley, Kurland and Jacintoport facilities. However, all facilities and much of the surrounding area are currently without power. Production in these facilities will remain down until electrical power can be restored and personnel can safely return to work. Based upon the extent of any damage in the region, factors beyond the Company's control may also slow efforts to restart production. In addition, the Company's facility in North Canton, Ohio is also without electrical power resulting from high winds from Hurricane Ike.
Powell Industries, Inc., headquartered in Houston, designs, manufactures and packages systems and equipment for the control, distribution and management of electrical energy and other dynamic processes. Powell provides products and services to large industrial customers such as utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations, commuter railways and other vehicular transportation facilities. For more information, please visit http://www.powellind.com/.
Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials and execution of business strategy. For further information, please refer to the Company's filings with the Securities and Exchange Commission, copies of which are available from the Company without charge.
Contacts: Don R. Madison, CFO
Powell Industries, Inc.
713-947-4422
Ken Dennard / ksdennard@drg-e.com
Karen Roan / kcroan@drg-e.com
DRG&E / 713-529-6600
Powell Industries, Inc.
CONTACT: Don R. Madison, CFO of Powell Industries, Inc., +1-713-947-4422; or Ken Dennard, ksdennard@drg-e.com, or Karen Roan, kcroan@drg-e.com, both of DRG&E, +1-713-529-6600, for Powell Industries, Inc.
Web site: http://www.powellind.com/
Plexus Awarded Manufacturing Contract With Kirby Lester
NEENAH, Wis., Sept. 15 /PRNewswire-FirstCall/ -- Plexus Corp. announced today that the Company has been awarded the primary contract to manufacture Kirby Lester pharmacy automation systems in its Buffalo Grove, IL facility. Kirby Lester is the leading provider of automated tablet machines, offering a full line of counting, dispensing and verification systems for pharmacies, pharmaceutical manufacturers and a variety of industries.
"Kirby Lester produces the world's best counting technology -- with almost 30,000 customers to show for it," says Steve Davis, Site Director of Plexus' Buffalo Grove manufacturing facility. "As their manufacturing partner, we will focus on raising the industry-leading Kirby Lester quality standards even higher and continue to build on our vision to be the best EMS company in the world at serving customers with products in the mid-to-low-volume, higher-mix segment of the market."
"With Plexus' proven successes in high-tech industries, I am confident that this relationship will help Kirby Lester further develop and bring to market exciting and advanced technologies in the near future," says Garry J. Zage, R.Ph., Kirby Lester's President.
For further information, please contact:
Ginger Jones, Vice President, Chief Financial Officer - Plexus Corp.
920-751-5487 or ginger.jones@plexus.com
Mike Stotz, Manager, Business Development - Kirby Lester
847-984-0320 or mstotz@kirbylester.com
About Plexus Corp. - The Product Realization Company
Plexus (http://www.plexus.com/) is an award-winning participant in the Electronics Manufacturing Services (EMS) industry, providing product design, supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.
The Company's unique Focused Factory manufacturing model and global supply chain solutions are strategically enhanced by value-added product design and engineering services. Plexus specializes in mid- to low-volume, higher-mix customer programs that require flexibility, scalability, technology and quality.
Plexus provides award-winning customer service to more than 100 branded product companies in North America, Europe and Asia.
About Kirby Lester
Kirby Lester was established in 1971 and maintains the largest market share of automatic tablet/capsule counter sales in the United States and Canada, plus 30 other countries. More Kirby Lester counters are used to dispense prescriptions in retail, mail order, hospital and long-term care pharmacies and manufacturing facilities than any other automated counting system; almost 30,000 pharmacies worldwide rely on Kirby Lester for their counting needs ... exactly! For more information, contact Kirby Lester at 847.984.3377 or http://www.kirbylester.com/.
Safe Harbor and Fair Disclosure Statement
The statements contained in this release which are guidance or which are not historical facts (such as statements in the future tense and statements including "believe," "expect," "intend," "plan," "anticipate," "goal," "target" and similar terms and concepts), including all discussions of periods which are not yet completed, are forward-looking statements that involve risks and uncertainties, including, but not limited to: our ability to secure new customers and maintain its current customer base; the risk of customer delays, changes or cancellations in both ongoing and new programs; the economic performance of the electronics, technology and defense industries; the poor visibility of future orders in the defense market sector and the uncertainty of defense appropriations and spending; the effects of the volume of revenue from certain sectors or programs on our margins in particular periods; the risks of concentration of work for certain customers; material cost fluctuations and the adequate availability of components and related parts for production; the effect of changes in average selling prices; the effect of start-up costs of new programs and facilities, including our recent and planned expansions; the adequacy of restructuring and similar charges as compared to actual expenses; the degree of success and the costs of efforts to improve the financial performance of our Mexican operations and the outcome of our review of our other North American footprint; possible unexpected costs and operating disruption in transitioning programs; the costs and inherent uncertainties of pending litigation; market reaction to the recently completed share repurchase program; the effect of general economic conditions and world events (such as increases in oil prices, terrorism and war in the Middle East); the impact of increased competition; and other risks detailed in the Company's Securities and Exchange Commission filings (particularly in Part II, Item 1A of our quarterly report on Form 10-Q for the quarter ended June 28, 2008).
Plexus Corp.
CONTACT: Ginger Jones, Vice President, Chief Financial Officer of Plexus Corp., +1-920-751-5487, ginger.jones@plexus.com; or Mike Stotz, Manager, Business Development of Kirby Lester, +1-847-984-0320, mstotz@kirbylester.com
Web site: http://www.plexus.com/ http://www.kirbylester.com/
Danaher Schedules Third Quarter Conference Call
WASHINGTON, Sept. 15 /PRNewswire-FirstCall/ -- Danaher Corporation announced today that it will webcast its quarterly earnings conference call for the third quarter of 2008 on Thursday, October 16, 2008 beginning at 8:00 a.m. EDT and lasting approximately 1 hour.
The call and an accompanying slide presentation will be webcast on Danaher's website at http://www.danaher.com/. You can access a replay of the webcast on the "Investors" section of Danaher's website (under the subheading "Web Events") shortly after the conclusion of the presentation, and the webcast will remain available until the next quarterly earnings call
You can also access the conference call by dialing 877-723-9511 within the U.S. or 719-325-4843 outside the U.S. a few minutes before the 8:00 a.m. EDT start and telling the operator that you are dialing in for Danaher's investor conference call (access code 2942719). A replay of the conference call will be available shortly after the conclusion of the call and through Tuesday, October 21, 2008. You can access the replay by dialing 888-203-1112 within the U.S. or 719-457-0820 outside the U.S. with the access code 2942719.
Danaher's earnings press release, Form 10-Q for the 2008 third quarter, the webcast slides and other related presentation materials will be posted to the "Investors" section of Danaher's website under the subheading "Earnings" beginning at 6:00 a.m. EDT on the date of the earnings call, and will remain available following the call.
Danaher Corporation is a leading manufacturer of Professional Instrumentation, Medical Technologies, Industrial Technologies, and Tools and Components (http://www.danaher.com/).
Please contact:
Andy Wilson
Vice President, Investor Relations
Danaher Corporation
2099 Pennsylvania Avenue
Washington, D.C. 20006
Telephone: (202) 828-0850
Fax: (202) 828-0860
Danaher Corporation
CONTACT: Andy Wilson, Vice President, Investor Relations of Danaher Corporation, +1-202-828-0850, or Fax: +1-202-828-0860
Web site: http://www.danaher.com/
Harris Stratex Networks to Announce Q4 Fiscal 2008 Financial Results
RESEARCH TRIANGLE PARK, N.C., Sept. 15 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. , the leading independent supplier of turnkey wireless transmission solutions, will announce the company's fourth quarter fiscal 2008 financial results at approximately 4:00 p.m. Eastern Time (ET) on Thursday, September 18, 2008.
The company will host a conference call at 4:30 p.m. ET that same day to discuss its financial results. To listen to the live conference call, please dial 303-262-2142 by 4:20 p.m. ET on September 18. A replay will also be available starting one hour after the completion of the call until September 25. To access the replay, dial 303-590-3000 (pass code: 11119594 #).
Investors are invited to listen via webcast, which will be broadcast live, and via replay, at http://www.harrisstratex.com/investors/conference-call .
About Harris Stratex Networks, Inc.
Harris Stratex Networks, Inc. is the world's leading independent supplier of turnkey wireless transmission solutions. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit http://www.harrisstratex.com/ .
Harris Stratex Networks, Inc.
CONTACT: Investors, Mary McGowan of Summit IR Group Inc., +1-408-404-5401, Mary@summitirgroup.com, or Media, Tonya Loggains of Harris Stratex Networks, Inc., +1-919-767-3278, Tonya.Loggains@hstx.com
Web site: http://www.harrisstratex.com/ http://www.harrisstratex.com/investors/conference-call
Varian, Inc. Board of Directors Makes Officer Changes
PALO ALTO, Calif., Sept. 15 /PRNewswire-FirstCall/ -- Varian, Inc. (NasdaqGS: VARI) today announced that its Board of Directors has promoted Sean M. Wirtjes, Vice President and Controller, to a new position, Vice President, Finance and Treasurer, effective September 15, 2008. Wirtjes assumes the Treasurer position from G. Edward McClammy, who continues as the Company's Senior Vice President and Chief Financial Officer.
The Board of Directors appointed Robert W. Dean II to replace Wirtjes as the Company's Controller (which is the Company's principal accounting officer), also effective September 15, 2008. Dean joins the Company from Applied Materials, Inc., where he held various accounting and finance positions over 17 years, most recently as Director of Finance responsible for their revenue recognition and operations finance Centers of Excellence. Prior to joining Applied Materials, he was a senior auditor at PricewaterhouseCoopers LLP. Dean is a Certified Public Accountant, and earned a Masters in Business Administration from Santa Clara University and a Bachelor of Science in Accounting from San Jose State University.
Both Wirtjes and Dean will report to McClammy, the Company's Chief Financial Officer.
The Company also announced that the Board of Directors has promoted Michael Fitzgerald to corporate Vice President, Human Resources. Fitzgerald was previously Vice President, Human Resources for the Company's Scientific Instruments business. In this new position, Fitzgerald will report to Garry W. Rogerson, the Company's President and Chief Executive Officer.
Varian, Inc. is a leading worldwide supplier of scientific instruments and vacuum technologies for life science and industrial applications. The company provides complete solutions, including instruments, vacuum products, laboratory consumable supplies, software, training and support through its global distribution and support systems. Varian, Inc. employs approximately 4,000 people worldwide and operates manufacturing facilities in North America, Europe and Asia Pacific. Varian, Inc. had fiscal year 2007 sales of $921 million, and its common stock is traded on the NASDAQ Global Select Market under the symbol, "VARI." Further information is available on the company's Web site: http://www.varianinc.com/.
For More Information, Contact:
Investor Relations
Varian, Inc.
650.424.5471
ir@varianinc.com
Varian, Inc.
CONTACT: Investor Relations of Varian, Inc., +1-650-424-5471, ir@varianinc.com
Web site: http://www.varianinc.com/
Sigma Micro to Offer PayPal (R) for Ecommerce Payment OptionsDirect Retail Software Provides Convenience and Flexibility for Online Payments
INDIANAPOLIS, Sept. 15 /PRNewswire/ -- Sigma Micro, the only software and solutions provider committed exclusively to direct retailers, announced today its partnership with PayPal, one of the fastest-growing alternative payment methods for online shoppers. As a result, Sigma Micro has integrated PayPal with SigmaCommerce, its end-to-end ecommerce and order management solution. PayPal payment method and payment processing is available with SigmaCommerce v 4.3.
"We are pleased to bring PayPal to mid-sized specialty retailers utilizing Sigma Micro's SigmaCommerce On Demand application," said Eddie Davis, senior director of channel sales at PayPal. "Sigma Micro's customer base represents one of the fastest growing segments of direct retail. Together, we provide merchants with the products and services they need to be successful and deliver on the needs of their customers."
According to a 2007 nationwide consumer study by Javelin Strategy & Research, online transactions will more-than double by 2012, from $150.4 billion to $355.2 billion. Alternative online payment methods such as PayPal will also continue to grow in popularity, doubling from 14% to 30% of all online transactions in the same time period.
Sigma Micro president Matt Konkle is clear about the advantages of Sigma Micro's partnership with PayPal. "Midsize retailers spend over half of their online marketing dollars to attract new customers but are still struggling to improve check-out conversion. PayPal provides a proven way to offer shoppers greater confidence, choice and convenience," he said. "With over 63 million active accounts worldwide, PayPal provides online retailers with a loyal segment of buyers who actively shop online and prefer to pay with PayPal."
SigmaCommerce is an On Demand .Net 3.0 application. Along with its cost-effective delivery model, Sigma Micro provides full hosting for Web stores built within the application. For additional information or to schedule a software demonstration, please contact Kelli B Schmith.
About Sigma Micro
For over 26 years, Sigma Micro has been the backbone of successful direct retail businesses. Its fully integrated ecommerce and order management software, SigmaCommerce, includes powerful tools for managing ecommerce, call center, point-of-sale, warehouse, merchandising, marketing and financial management from a single database. Sigma Micro is the only software company to offer mid-tier direct retailers with next-generation software along with premier professional services and complete outsourced fulfillment services. Sigma Micro is a privately held company headquartered in Indianapolis, Indiana, with development centers in Chandigarh and Kochi, India. Sigma Micro's R&D, services, and hosting facilities are located in Indianapolis. http://www.sigma-micro.com/
About PayPal
PayPal is the safer, easier way to pay and get paid online. The service allows anyone to pay without sharing financial information and gives consumers the flexibility to pay in any way they prefer, including through account balances, bank accounts, or credit cards. With more than 63 million active accounts in 190 markets and 19 currencies around the world, PayPal enables global ecommerce. PayPal is an eBay company . More information about the company can be found at https://www.paypal.com/.
Contact Information
Kelli Schmith - VP Marketing
Sigma Micro, LLC.
Phone: 317-713-8619
Email: kbschmith@sigma-micro.com
Sigma Micro
CONTACT: Kelli Schmith, VP Marketing of Sigma Micro, LLC., +1-317-713-8619, kbschmith@sigma-micro.com
Web site: http://www.sigma-micro.com/ https://www.paypal.com/
blinkx Enhances User Experience with NeuStar's UltraDNS ServicesWorld's Most Advanced Video Search Engine Leverages UltraDNS Suite of Traffic Management Services
STERLING, Va., Sept. 15 /PRNewswire-FirstCall/ -- NeuStar, Inc. today announced that blinkx, the world's largest and most advanced video search engine, has chosen NeuStar's UltraDNS Managed DNS Services to augment the performance, reliability, and scalability of the blinkx network infrastructure and to take advantage of NeuStar's innovative suite of traffic management services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO )
Unlike other multimedia search engines that attempt to repurpose technology built for the Text Web, blinkx uses a combination of patented conceptual search, speech recognition, and video analysis software to efficiently find and qualify online video. Today, blinkx is the world's largest single index of rich media content on the Internet, with an index of over 26 million hours of searchable audio, video, viral and TV content, and more than 350 media partnerships including national broadcasters, commercial media giants, and private video libraries.
"Cultivating a user experience that's of the highest quality is a top priority at blinkx, and DNS plays a large role in ensuring quick and reliable responses," said Suranga Chandratillake, CEO and founder of blinkx. "We're pleased to work with NeuStar, whose UltraDNS Managed DNS and Traffic Management services enable us to access a powerful suite of global traffic management tools without expending additional capital."
By migrating to the UltraDNS Managed DNS Service, blinkx is able to benefit from the UltraDNS Traffic Management Services: SiteBacker, an advanced monitoring and failover service for critical enterprise systems and applications; Directional DNS, a geographic traffic shaping service that provides DNS responses based on geographic proximity; and Traffic Controller, a global server load balancing service that provides weighted load balancing of customer traffic across the Internet. These value-added services require no hardware deployment and, as with all UltraDNS Services, have 24/7 proactive monitoring and support.
"NeuStar is very pleased to have its UltraDNS Services contribute to the success of a true industry pioneer," said Alex Berry, general manager and senior vice president of NeuStar's Internet and Infrastructure Services group. "blinkx is the latest technologic innovator to value the importance DNS plays in their solution and the compelling economics of the managed services approach."
NeuStar will exhibit its UltraDNS and Webmetrics services in Booth #1410 at the upcoming Web 2.0 Expo in New York City (September 16-18). More information about NeuStar's UltraDNS suite of services is available at http://www.ultradns.biz/.
About NeuStar
NeuStar is a provider of clearinghouse and directory services to the global communications and Internet industry. Visit NeuStar online at http://www.neustar.biz/.
About blinkx
blinkx plc (LSE AIM: BLNX) is the world's most comprehensive video search engine. Today, blinkx has indexed more than 26 million hours of audio, video, viral and TV content, and made it fully searchable and available on demand. blinkx's founders set out to solve a significant challenge -- as TV and user-generated content on the Web explode, keyword-based search technologies only scratch the surface. blinkx's patented search technologies listen to -- and even see -- the Web, helping users enjoy a breadth and accuracy of search results not available elsewhere. In addition, blinkx powers the video search for many of the world's most frequented sites. blinkx is based in San Francisco and London. More information is available at http://www.blinkx.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
NeuStar, Inc.
CONTACT: John Schneidawind of NeuStar, Inc., +1-571-434-5596, john.schneidawind@neustar.biz
Web site: http://www.neustar.biz/ http://www.ultradns.biz/ http://www.blinkx.com/
WorldHeart Receives Favorable Decision to Continue NASDAQ Listing
OAKLAND, Calif., Sept. 15 /PRNewswire-FirstCall/ -- World Heart Corporation ("WorldHeart") announced today that on September 11, 2008, following a review by a NASDAQ Listing Qualifications Panel, NASDAQ has determined that WorldHeart's common stock will continue to be listed on The Nasdaq Capital Market. Additionally, on September 9, 2008, WorldHeart received a letter from the NASDAQ stating that the Company has regained compliance with the requirement to have a minimum market value of publicly held shares ("MVPHS") of $1,000,000 for at least 10 consecutive trading days as required by the The Nasdaq Capital Market pursuant to Marketplace Rule 4310(c)(7).
As previously disclosed on June 25, 2008, the Company received a staff deficiency letter from the NASDAQ informing the Company that for the previous 30 consecutive trading days it had not maintained the minimum market value of publicly held shares of $1,000,000 and that the Company had 90 calendar days, or until September 23, 2008, to regain compliance. That matter is now closed.
As previously disclosed on July 31, 2008, WorldHeart completed a $30.0 million private placement transaction and recapitalization that resulted in the issuance of 300,000,000 common shares. This private placement cured the Company's shareholders' equity deficiency or non-compliance with Marketplace Rule 4310(c)(3), previously announced on March 31, 2008. In addition, announced on August 21, 2008, the Company initiated a phased consolidation plan which the Company expects will reduce its expenses and increase the likelihood that the Company will maintain compliance in the longer term. The Company remains within the grace period for its bid price deficiency (through October 27, 2008), but has filed a proxy statement seeking shareholder approval for a reverse stock split to increase its share price and cure its bid price deficiency set forth under Marketplace Rule 4310(c)(4).
About World Heart Corporation
WorldHeart is a developer of mechanical circulatory support systems. WorldHeart is headquartered in Oakland, California, USA with additional facilities in Salt Lake City, Utah and Herkenbosch, The Netherlands. WorldHeart's registered office is Ottawa, Ontario, Canada.
Any forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include all statements regarding WorldHeart's ability to regain compliance with The Nasdaq Capital Market listing requirements, as well as other statements that can be identified by the use of forward-looking language, such as "believes," "feels," "expects," "may," "will," "should," "seeks," "plans," "anticipates," or "intends" or the negative of those terms, or by discussions of strategy or intentions. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including without limitation: WorldHeart's need for additional capital in the future; risks in product development and market acceptance of and demand for WorldHeart's products; delisting from the NASDAQ Stock Market if compliance with the listing standards, including the Minimum Bid Price Rule and other minimum standards, is not regained; and other risks detailed in WorldHeart's filings with the U.S. Securities and Exchange Commission, including without limitation its Annual Report on Form 10-KSB/A for the year ended December 31, 2007 and its Quarterly Report on Form 10-Q/A for the quarter ended March 31, 2008 and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2008.
World Heart Corporation
CONTACT: Mr. David Pellone, +1-510-563-4775, or Ms. Peggy Allman, +1-510-563-4721, both of World Heart Corporation
Web site: http://www.worldheart.com/
146 Latino Students Across the Country to Receive $680,000 in Verizon ScholarshipsScholarship Funds Are Part of the More Than $ 31.7 Million Verizon Has Contributed Since 2006 to Support Nonprofit Organizations That Serve the Hispanic Community
BASKING RIDGE, N.J., Sept. 15 /PRNewswire/ -- Verizon has announced that it has awarded more than $680,000 in scholarships to 146 Hispanic students for the 2008-2009 school year.
The scholarship program is one of many programs that Verizon and its philanthropic arm, the Verizon Foundation, have in place to support the Hispanic community. The scholarships announcement was made in conjunction with Hispanic Heritage Month, which began Monday (Sept. 15).
"Verizon has a long history of investing in the Latino community, including in the development of tomorrow's leaders," said Magda Yrizarry, Verizon chief diversity officer and vice president - workplace culture, diversity and compliance. "Across our richly diverse marketplace, from California to Texas to New York, Verizon remains committed to investing financial and human resources in partnerships and programs that directly benefit the Latino community."
Among the organizations that have received grants from Verizon to fund scholarships are:
-- Hispanic Scholarship Fund - $200,000 for 33 scholarships.
-- Hispanic Business College Fund - $150,000 for 35 scholarships.
-- Hispanic Engineering, Science and Technology Program at the University
of Texas-Pan American - $25,000 for 5 scholarships.
-- Society of Professional Hispanic Engineers National Scholarship -
$30,000 for 6 scholarships.
-- University of Southern California/Mexican American Alumni Association
- $45,000 for 9 scholarships.
-- Ten additional organizations and colleges and universities that serve
the Latino community received approximately $230,000 to award
scholarships.
In all, the Verizon Foundation has awarded more than $31.7 million in grants since 2006 to nonprofit organizations that benefit and serve the Hispanic Community. Some recent initiatives include:
-- The creation of a special Hispanic Heritage Month resources section on
Thinkfinity.org, which provides free educational resources, lesson
plans and activities for teachers, parents and students.
Thinkfinity.org is the Verizon Foundation's comprehensive program and
online portal to 55,000 standards-based, grade-specific, K-12 lesson
plans and other educational resources provided in partnership with
many of the nation's leading educational and literacy organizations.
-- Verizon is a major sponsor of the National Council of La Raza's Alma
Awards, an annual televised awards program that celebrates the
accomplishments of Latinos in the field of entertainment.
-- A $1 million Verizon Foundation grant to expand the League of Latin
American Citizens' (LULAC) Young Readers program, which is aimed at
improving literacy and academic achievement among Hispanic children in
grades 1-3.
The Verizon Foundation supports the advancement of literacy and K-12 education through its signature program, Thinkfinity.org, and fosters awareness and prevention of domestic violence. In 2007, the foundation awarded more than $67.4 million in grants to nonprofit agencies in the United States and abroad. The foundation also matched the charitable donations of Verizon employees and retirees, resulting in $25.1 million in combined contributions. Through Verizon Volunteers, one of the nation's largest employee volunteer programs, Verizon employees and retirees have volunteered more than 3 million hours of community service since Verizon's inception in 2000. For more information on the foundation, visit http://www.verizon.com/foundation.
About Verizon Communications
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 69 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of more than 228,600 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: Brian C. Malina of Verizon, +1-908-559-6434, brian.c.malina@verizon.com
Web Site: http://www.verizon.com/ http://www.verizon.com/foundation http://www.verizon.com/news
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Wireless Phone Users in Illinois' St. Clair County Now Experience Even Clearer Reception and Fewer Dropped CallsVerizon Wireless Activates Cell Site in Belleville
BELLEVILLE, Ill., Sept. 15 /PRNewswire/ -- Verizon Wireless, the only major carrier with a 30-day network test-drive pledge that pays for calls if a customer isn't satisfied and switches to another carrier, has activated a new cell site in Belleville, Ill. The cell site expands network coverage and increases capacity, enabling more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; and download games and ringtones while enjoying clearer reception and fewer dropped calls.
This new cell site improves Verizon Wireless' voice and data network in the greater Belleville area. Specifically, Verizon Wireless customers will experience better coverage in a radius that includes the downtown Square, the Belle Clair Fairgrounds and Exposition Center, and points south toward Smithton, Ill. Customers traveling State Route 15, for example, will experience better coverage between 59th Street and South Green Mount Road, as will those on State Route 159 between Main Street and Schmidt Lane.
"This network enhancement reflects our ongoing commitment to meet the growing needs of our customers and to provide them with the reliable, high quality service they expect from Verizon Wireless," said Lou Sigillo, president-Kansas/Missouri/Southern Illinois Region, Verizon Wireless.
Reliable service is fundamental to customer loyalty, and Verizon Wireless boasts the highest customer loyalty in the industry, as measured by the company's low percent of customer turnover.
"The value we offer our customers is closely tied to our industry-leading customer retention," Sigillo said. "Wireless consumers today understand that value is not defined by price alone. A major reason our customers choose Verizon Wireless and stay with us is because we offer the nation's most reliable network."
This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Illinois and throughout the country. Verizon Wireless has invested $45 billion since it was formed -- $5.5 billion on average every year -- to increase the coverage and capacity of its national network and to add new services. More than $176 million of this investment was spent in Illinois in 2007.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 68.7 million customers. Headquartered in Basking Ridge, N.J., with 70,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, go to: http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Cheryl Bini Armbrecht, Cheryl.Bini@verizonwireless.com, or Brenda Hill, Brenda.Hill@verizonwireless.com, both of Verizon Wireless, +1-314-920-4444; or Caroline Villanueva, +1-314-725-5645, Caroline@sequel-llc.com, for Verizon Wireless
Web site: http://www.verizonwireless.com/
USATODAY.com Flight Community Wins Online Journalism Award
MCLEAN, Va., Sept. 15 /PRNewswire/ -- USATODAY.com's flight community, Today in the Sky, has won the Online Journalism Award for Topical Reporting, Large Sites. The Online Journalism Awards, emblematic of the best in online journalism, were handed out by the Online News Association (ONA) at its annual conference at the Capital Hilton in Washington, D.C., on Saturday, Sept 13. In 2007, USATODAY.com won the Online Journalism Award for General Excellence Award, Large Sites.
Today in the Sky is piloted by veteran USA TODAY aviation blogger Ben Mutzabaugh. The site can be found at flights.usatoday.com and offers a mix of enterprise reporting from USA TODAY's travel staff; the best air travel surveillance, news and information from the Web; "Flightdex", a feature which tracks the latest buzz about the top airlines; and includes Ben Mutzabaugh's popular blog about air travel, also called Today in the Sky, which launched in 2002. Today in the Sky is also an online travel resource providing users with the ability to search for the best airfares online, frequent-flier promotions, a mileage calculator and flight tracking tools. The Today in the Sky community features forums for readers and USA TODAY travel experts to swap advice, experiences and opinions. It also includes a place where travelers can meet up with other frequent fliers online to discuss upcoming trips, aviation news and more.
USA TODAY is the nation's top-selling newspaper. It is published via satellite at 34 locations in the USA and at four sites abroad. With a total average daily circulation of 2.3 million, USA TODAY is available worldwide. USA TODAY is published by Gannett Co., Inc. . The USA TODAY brand also includes: USATODAY.com, an award-winning news and information Web site that is updated 24 hours per day; USA TODAY Sports Weekly, a magazine for enthusiasts of college and professional football and baseball; USA TODAY Mobile, offering up-to-the minute news and information on a variety of mobile platforms and devices; and USA TODAY LIVE, the television arm of the USA TODAY brand that brings the spirit and quality of the newspaper to television.
USA TODAY
CONTACT: Heidi Zimmerman, Director/Communications, +1-703-854-5304 or hzimmerman@usatoday.com, or Alexandra Nicholson, Manager/Communications, +1-703-854-5872 or anicholson@usatoday.com, both of USA TODAY
Web Site: http://www.usatoday.com/
MTV Digital Launches Backchannel: The Party Game for the 21st CenturyBackchannel bridges the TV and online experience through an interactive 'competitive chat' game for fans during live TV broadcasts
NEW YORK, Sept. 15 /PRNewswire/ -- Tonight at 10PM(ET/PT), fans of "The Hills" will have the chance to come together for the first time and experience Backchannel, a new, interactive, online game that is synched to the broadcast of select MTV shows. Designed and developed in partnership with developers Area/Code for exclusive use on MTV, Backchannel enhances viewer engagement by connecting fans of the show through 'competitive chat.'
"Increasingly, our audience has expressed a desire to control their own entertainment experience. MTV is fulfilling that need by enabling our audience with new, creative digital tools such as Backchannel" said Brian Graden, president of MTV entertainment. "Partnerships with companies such as Area/Code are focused on driving key facets of our digital strategy and offering fans expanded touch points to their favorite MTV content."
How does it work?
Viewers play the game on their computers in special 'chat' rooms hosted on MTV.com (Backchannel.mtv.com) while they're watching the show on MTV. Once the show starts, a few players are selected by the system to be TAGGERS. Taggers type in Tags (words or phrases) in response to whatever's happening on the show at that moment. These Tags will be visible to all players. The rest of the players are CLICKERS and click on whichever Tags they think are the best, funniest and most relevant. Throughout an episode everyone has multiple chances to play as a TAGGER and CLICKER.
"The magic of television is that programs like 'The Hills' bring millions of people together doing the same thing at the same time," said Area/Code managing director Kevin Slavin. "Now we've built a game that connects them to each other."
Backchannel represents an evolution of entertainment through a two-screen approach that enables the MTV audience to connect to their peers through MTV's online community.
"Our research shows that our audience is tech-savvy, and often online and watching TV at the same time. They are already talking to each other during their favorite MTV shows via text and instant messaging, forums, and comments on our video pages, and Backchannel is just taking this process one step further. It will allow us to continue to expand the options for our fans to engage with their favorite MTV shows on MTV.com and multiple screens," said Dan Hart, General Manager of MTV.com.
Backchannel is the latest digital development from MTV and enhances the overall digital experience for MTV fans, alongside other initiatives such as the premium video experience, MTV verticals including IAmOnMTV and Real World Dailies, MTV blogs (Buzzworthy and Remote Control), virtual worlds and the hit video game Rock Band.
About MTV
MTV is the dynamic, vibrant experiment at the intersection of music, creativity and youth culture. For over 26 years, MTV has evolved, challenged the norm, and detonated boundaries-giving each new generation a creative outlet and voice that entertains, informs and unites on every platform and screen. On-air, MTV has been the number one rated 24 hour ad-supported cable network P12-24 for 16 straight years. Online, MTV.com scored double-digit growth in 2007 and MTV launched ten dynamic online communities and six new virtual worlds. On the go, MTV Mobile is the #1 music brand in the wireless space - delivering 90% more streams than in 2006. And MTV's successful sibling networks MTV2, mtvU and MTV Tr3s each deliver unprecedented customized content, super-serving music fans, college students and young American Latinos like no one else. MTV is part of MTV Networks, a unit of Viacom , one of the world's leading creators of programming and content across all media platforms. Wanna know more? Come on in ... http://www.mtvpress.com/.
MTV
CONTACT: Tom Biro, MTV, +1-212-846-6406, Tom.Biro@mtvstaff.com; or Jessica Casano-Antonellis, Text 100 Public Relations, +1-212-331-8434, jessicaA@text100.com
Web site: http://www.mtv.com/
Microsoft s'apprête à signer un partenariat mondial avec SWIFT pour la mise en place de la plate-forme de paiement de l'avenir
VIENNE, Autriche, September 15 /PRNewswire/ --
- Microsoft renouvelle son engagement vis-à-vis de SWIFT et obtient le
label SWIFTReady Financial EAI pour 2008.
A l'occasion de Sibos 2008, Microsoft Corp. a annoncé aujourd'hui la
signature d'un accord mondial de partenariat avec la Society for Worldwide
Interbank Financial Telecommunication (SWIFT). Cet accord représente un
renforcement de la coopération entre ces deux organisations, sur la base de
laquelle elles travailleront ensemble afin d'offrir une valeur réelle à
l'industrie et proposer aux clients des procédures simplifiées de mise en
oeuvre de SWIFTNet en utilisant la technologie Microsoft. Il s'agit d'un
accord mutuel et commercial entre les organisations qui met à la disposition
des prestataires de services financiers et des entreprises de taille moyenne
ou importante de nouvelles occasions de se connecter rapidement et facilement
à SWIFT.
(Logo : http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
<< La dynamique de la messagerie financière est en train d'évoluer et les
institutions se tournent vers la technologie pour trouver un différenciateur
compétitif >>, explique Amanda Westwood, responsable mondiale de la division
de services à la clientèle de SWIFT. << Nos clients veulent mettre en place
et intégrer à leurs systèmes existants des plates-formes de messagerie
souples et économiques. Les efforts constants de Microsoft pour prendre en
charge l'intégration de SWIFTNet et les partenaires de SWIFTSolutions,
favorisent l'élargissement de ces solutions pour le bénéfice de nos clients,
que ce soit au niveau interne de l'organisation ou au niveau
inter-organisation. Nous nous attendons à ce que ce partenariat mondial
devienne un facteur promotionnel pour l'adoption future de la connectivité
SWIFT et de SWIFTSolutions. >>
Le développement d'un écosystème de partenaires SWIFT sera un aspect
important du partenariat mondial. Microsoft représente une fondation solide
et très sécurisée à partir de laquelle un groupe élargi de partenaires
fiables du secteur peut élaborer et exécuter des solutions pour SWIFT et
proposer aux clients des alternatives encore plus performantes. Ce
partenariat permettra aussi d'élargir l'éventail de choix disponibles et
donner ainsi aux clients les moyens de proposer des prestations plus
compétitives par l'intermédiaire de solutions de messagerie financière plus
souples et plus extensibles.
Signe du respect dont la société jouit dans le secteur de la technologie
des paiements et illustration de son engagement renouvelé à la fois vis-à-vis
de SWIFT et de son écosystème de partenaires, Microsoft a, pour la cinquième
année consécutive, obtenu en 2008 le label SWIFTReady Financial EAI pour son
élaboration de sa plate-forme BizTalk Accelerator for SWIFT qui sera incluse
dans Microsoft BizTalk Server 2009.
<< Nous sommes constamment à l'écoute de nos clients et la demande que
nous recevons actuellement du secteur des services financiers est que
Microsoft, fidèle à sa réputation de fournisseur respecté de technologies
activant les solutions de paiements, propose encore plus de souplesse afin de
dépasser les fonctionnalités de base offertes par SWIFT >>, explique David
Vander, directeur général international du service Banking chez Microsoft.
<< Notre plate-forme BizTalk Accelerator for SWIFT permet une
interopérabilité rapide et conviviale entre les systèmes bancaires et les
réseaux de paiements, et contribue ainsi à garantir que les clients accèdent
à la meilleure solution possible pour leurs problèmes opérationnels, quelle
que soit l'approche adoptée en matière de paiements. Microsoft continue de
collaborer et d'investir dans une communauté de partenaires fiables afin de
développer un écosystème de solutions de paiements. Plusieurs de ces
partenaires participent à Sibos, y compris SWIFT, CashFac, DATALOG,
Decillion, EastNets, Expertus, Fiserv NetEconomy, Nimbus, SAGA, SMA
Financial, SunGard et XSP. Toutes ces sociétés soutiennent le développement
de solutions innovantes, économiques et critiques, capables de fournir une
valeur réelle aux clients en répondant plus efficacement à leurs attentes en
matière de paiements à l'échelle mondiale. >>
Microsoft BizTalk Server 2009 avec BizTalk Accelerator for SWIFT
permettra aux institutions financières d'accéder à un ensemble complet de
solutions SWIFT et de prendre en charge les protocoles, y compris les
adaptateurs pour SWIFTNet FileAct et InterAct, qui fournissent une
connectivité entre Microsoft BizTalk Server et le réseau IP sécurisé de
SWIFT. Cette solution comprend aussi une fonctionnalité de suivi de
l'activité commerciale, fournissant aux responsables d'opérations et aux
analystes commerciaux une meilleure visibilité des transactions. Microsoft
BizTalk Server 2009 offrira aussi un soutien élargi pour les réparations de
message aux normes ISO 20022, de la simple correction de message FIN à la
prise en charge des besoins des messages du langage de balisage extensible
(XML) conformes aux normes MX et ISO 20022.
<< Avec plus de 8 200 clients à l'heure actuelle, Microsoft BizTalk
Server est le leader du marché en tant que solution pour la connectivité de
l'entreprise, permettant une intégration avec tous les systèmes hétérogènes,
les applications spécifiques aux secteurs d'activités, les ordinateurs
centraux et les partenaires commerciaux de nos clients >>, déclare Robert
Wahbe, vice-président de la division Connected Systems chez Microsoft. << La
version Microsoft BizTalk Server 2009 renforce notre engagement vis-à-vis des
normes ISO 20022 et facilitera encore plus la tâche de Microsoft et de ses
partenaires dans l'élaboration de solutions pour la connectivité SWIFT. >>
En septembre 2008, Microsoft s'est aussi engagée en faveur de la
popularisation de la modélisation et a, à cet égard, annoncé avoir rejoint
l'association normative Object Management Group (OMG). Les normes de
modélisation de l'OMG comprennent Unified Modeling Language(TM) (UML(R)) et
Business Process Modeling Notation (BPMN), et Microsoft s'investira
activement dans de nombreux groupes de travail de l'OMG afin de contribuer à
un dialogue ouvert dans l'industrie et de participer à l'évolution des normes
pour répondre aux besoins des clients courants. Cette décision s'inscrit dans
la politique de fort engagement de la société en faveur des normes de
l'industrie et permettra à ses partenaires et à ses clients des services
financiers de progressivement mieux supporter les nouveaux modèles de
transaction de l'industrie.
A propos de Microsoft dans les services financiers
Le groupe des services financiers de Microsoft aide les sociétés
financières à tirer profit des technologies pour accroître l'impact de leurs
équipes dans leur succès commercial. Nous aidons nos clients dans le secteur
de la banque, des titres de placement, des marchés de capitaux et de
l'assurance à atteindre quatre objectifs commerciaux : développer des
relations, promouvoir l'innovation, améliorer les opérations et forger des
relations. Pour cela, nous concentrons nos produits, nos technologies et
notre travail avec des partenaires de solutions, de services et de matériel
de premier plan, dans des domaines clés où nous estimons que nos partenaires
et nous-mêmes pouvons offrir une valeur exceptionnelle. Ces domaines
comprennent les plates-formes de conseil, le renouvellement des canaux de
services financiers, les services bancaires fondamentaux, la chaîne de valeur
de l'assurance, la gestion des investissements, la gestion des risques, la
conformité et les paiements. Pour plus d'informations, veuillez consulter le
http://www.microsoft.com/financialservices.
A propos de Microsoft
Fondée en 1975, Microsoft (Nasdaq : MSFT) est le leader mondial des
logiciels, des services et des solutions qui aident les particuliers ainsi
que les entreprises à réaliser leur plein potentiel.
Site Web : http://www.microsoft.com
Microsoft Corp.
Sur place au Sibos, Clare Anderson, +44-777-075-5332, clare.anderson@metia.com, ou Chanda Gathani, +44-20-3100-3605, chanda.gathani@metia.com, toutes les deux de Metia, pour Microsoft Corp. ; REMARQUE À L'INTENTION DES REDACTEURS : Pour de plus amples informations à propos de Microsoft, veuillez consulter la page Web de Microsoft au http://www.microsoft.com/presspass sur les pages d'informations d'entreprise de Microsoft. Les liens hypertextes, les numéros de téléphones et les titres étaient exacts au moment de la publication mais sont susceptibles d'avoir changé. Pour plus de renseignements, les journalistes et les analystes peuvent contacter l'Equipe de réponse rapide de Microsoft ou les contacts appropriés dont le nom figure au http://www.microsoft.com/presspass/contactpr.mspx. ; Photo : NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk photodesk@prnewswire.com
Geoff Johns Announced as Writer for Upcoming DC Universe(TM) Online Video GameAcclaimed DC Comics Writer To Script DCUO Back Story
AUSTIN, Texas, Sept. 15 /PRNewswire/ -- Geoff Johns, the renowned writer behind popular DC Comics such as Green Lantern, Action Comics and Justice Society of America, has been brought on to write the saga of the DC Universe(TM) Online (DCUO) massively multiplayer action game from Sony Online Entertainment LLC (SOE) in a first-ever collaboration with legendary comic artist Jim Lee, the company announced today.
DCUO for the PLAYSTATION(R) 3 computer entertainment system and the PC is currently in development by SOE in collaboration with DC Comics and Warner Bros. Interactive Entertainment.
"Having a writer of Geoff's caliber brings even more authenticity to the DC Universe Online, and should provide fans with an exciting new medium for his storytelling skills," said John Blakely, SOE-Austin's VP of Development. "Together with Jim Lee, who is our executive creative director for the game, we are tapping into the very best talent from the comic book industry."
Johns, 35, was born in Detroit and studied media arts, screenwriting, film production and theory at Michigan State University. After moving to Los Angeles, he worked as an intern and later an assistant for film director Richard Donner, whose credits include Superman: The Movie, Lethal Weapon 4 and Conspiracy Theory.
Johns began writing comics starting with 1999's Stars and S.T.R.I.P.E., which he created for DC Comics. Comic writing eventually became his full-time career with notable works including The Flash, Teen Titans, 52, Action Comics, and Infinite Crisis.
"Taking comic books into the online space presents an exciting and unique opportunity for me as a writer," said Johns. "I'm looking forward to creating a thrilling story that explains why the DC Universe has suddenly been populated with millions of new heroes and villains in a way that will engage players."
"We've brainstormed about the DC Universe many times but this will be our first time working together on something of this magnitude," added Jim Lee. "This really shows the level of commitment everyone on this project has to capturing the DC Universe in an authentic, compelling way."
DCUO offers a dramatic online setting where players can enter the DC Universe and battle alongside or against their favorite DC Comics heroes and villains including such icons as Batman, Superman, Wonder Woman, and The Joker, as well as many other fan favorites such as Green Lantern, The Flash, Catwoman and Martian Manhunter. The action and drama will play out in such well-known locations as Gotham City and Metropolis among others.
About Sony Online Entertainment
Sony Online Entertainment LLC (SOE) is a recognized worldwide leader in massively multiplayer online games, with hundreds of thousands of subscribers around the globe. SOE creates, develops and provides compelling entertainment for the personal computer, online, game console and wireless markets. Known for its blockbuster franchises and hit titles including EverQuest(R), EverQuest(R) II, Champions of Norrath(R), Untold Legends(TM), and PlanetSide(R), as well as for developing Star Wars Galaxies(TM), SOE continues to redefine the business of online gaming and the creation of active player communities while introducing new genres on various entertainment platforms. Headquartered in San Diego, CA, with additional development studios in Austin, TX, Seattle, WA, Denver, CO, and Taiwan, SOE has an array of cutting-edge games in development.
SOE, the SOE logo, EverQuest and PlanetSide are registered trademarks of Sony Online Entertainment LLC. Untold Legends and Legends of Norrath are trademarks of Sony Online Entertainment LLC. All other trademarks and trade names are properties of their respective owners
About DC Comics
DC Comics, a Warner Bros. Entertainment Company, is the largest English-language publisher of comics in the world and home to such iconic characters as Superman, Batman, Wonder Woman and the Sandman. These DC Super Heroes and others have starred in comic books, movies, television series (both animated and live-action) and cyberspace, thrilling audiences of all ages for generations. DC Comics' Web site is located at http://www.dccomics.com/.
DC UNIVERSE, DC SUPER HEROES and all related characters and elements are trademarks of and (C) DC Comics.
About Warner Bros. Interactive Entertainment
Warner Bros. Interactive Entertainment, a division of Warner Bros. Home Entertainment Group, is a premier worldwide publisher, developer, licensor and distributor of entertainment content for the interactive space across all current and future platforms, including console, handheld and PC-based gaming for both internal and third party game titles.
Sony Online Entertainment
CONTACT: Matt Slagle of Sony Online Entertainment, +1-512-250-3307, mslagle@soe.sony.com
Web site: http://www.dccomics.com/
STERIS Isomedix Services Offers Gamma Engineering Run Program
MENTOR, Ohio, Sept. 15 /PRNewswire/ -- STERIS Isomedix Services is pleased to offer the Gamma Engineering Run program at our Libertyville North, Illinois facility. This unique program allows Customers to study the effects of the gamma process on product components or packaging, and is ideal for evaluating materials compatibility prior to beginning a full scale new product development project.
Engineering runs expose product to a standard gamma irradiation cycle with a typical dose range used for medical device processing. The service is performed throughout the week and Customers may submit multiple boxes per run. "The gamma engineering run program provides a simple, cost-effective method to study the effects of gamma irradiation at the earliest stages of product development," comments Sarah Crowl, product manager for STERIS Isomedix Services.
STERIS Isomedix Services also offers weekly Ethylene Oxide Engineering Runs through their Minneapolis, Minnesota facility.
Visit STERIS Isomedix's website for more information on our Gamma Engineering Run program or to submit a product for an engineering run.
For more information or to submit product for an engineering run, please visit http://www.isomedix.com/ .
About STERIS Isomedix Services
STERIS Isomedix Services is a provider of contract sterilization services with 21 facilities located throughout the U.S.A., Canada and Puerto Rico. Utilizing gamma, EO and E-beam technologies, Isomedix Services has been meeting the sterilization needs of the medical device, pharmaceutical and biotechnology community for over 35 years. For more information about STERIS Isomedix Services please call (877) 783-7479 or visit STERIS Isomedix Services' website.
Isomedix Services is a division of STERIS Corporation, a worldwide leader in infection prevention, decontamination and health science technologies, products and services. STERIS is traded on the NYSE under the STE symbol.
Contact:
Sarah Crowl, Product Manager
Sarah_Crowl@steris.com
877.783.7479
http://www.isomedix.com/
STERIS Isomedix Services
CONTACT: Sarah Crowl, Product Manager, +1-877-783-7479, Sarah_Crowl@steris.com
Web site: http://www.isomedix.com/
Microscan to Purchase Siemens' Machine Vision BusinessAcquisition expands technology leadership in traceability solutions and strengthens global sales channel
RENTON, Wash., Sept. 15 /PRNewswire/ -- Microscan today announced it will purchase Siemens' Machine Vision business, formerly Acuity CiMatrix, headquartered in Nashua, New Hampshire. The company expects the acquisition to further enhance its technology leadership position in customer-focused traceability solutions by expanding further into machine vision imaging and inspection. The deal is expected to close on Sept. 19, 2008.
Microscan, a global leader in the design and manufacturer of precision data acquisition and controls, is focused on solutions for electronics, life sciences, and automotive industries. Siemens machine vision will become integrated into Microscan. The company plans to keep the Nashua location open and retain the majority of the workforce. For customers and distribution partners the transition of ownership is expected to be seamless.
"The purchase of Siemens Machine Vision Business allows Microscan to expand our vision and smart camera portfolio to the benefit of our customers and partners worldwide," said Jeff Timms, president, Microscan. "Vision products for identification and inspection are a growing aspect of the precision data acquisition and control market. The acquisition of the Siemens Machine Vision Business brings with it a depth of expertise in data matrix and vision product design that is second to none. Combined with Microscan's deep experience in data acquisition solutions, the purchase of this business tremendously augments our product portfolio and brings with it a unique and complementary offering to our customers. This acquisition will nicely position us against our competitors in our targeted markets."
"Since acquiring the company in 2005, Siemens has made considerable investments in the portfolio, facilities, infrastructure, and employees of its machine vision business," said Dennis Sadlowski, president and CEO, Siemens Energy & Automation, Inc. "I'm confident that the combination of these investments and Microscan's ability to engage a focused sales force, will ensure the continued success of this business. Siemens will continue to focus on the industrial identification (Auto ID) segment and strengthen its innovative RFID and 1D/2D code reading systems portfolio."
About Microscan
Microscan is a global leader in manufacturing and technology focused on precision data acquisition and control solutions serving a wide range of automation and OEM applications. Microscan solutions benefit a global customer base primarily through data tracking and traceability solutions which enable manufacturing efficiencies and quality controls.
As an ISO 9001:2000 certified company achieving recognition for Quality Leadership, Microscan is known and trusted by customers worldwide as a provider of quality, high precision automatic identification technology. Microscan is a Spectris company. For more information: http://www.microscan.com/.
Microscan Contact:
Laura Hoffman
425-226-5700
About Siemens
Siemens Energy & Automation, Inc. is one of Siemens' operating companies in the U.S. Headquartered in the Atlanta suburb of Alpharetta, Ga., Siemens Energy & Automation, Inc. manufactures and markets one of the world's broadest ranges of electrical and electronic products, systems and services to industrial and construction market customers. Its technologies range from circuit protection and energy management systems to process control, industrial software and totally integrated automation solutions. The company also has expertise in systems integration, technical services and turnkey industrial systems. For more information: http://www.sea.siemens.com/.
Siemens AG is a global powerhouse in electrical engineering and electronics, focusing on the three key sectors of healthcare, industry and energy. Founded 160 years ago in Germany, Siemens AG reported sales of $96.6 billion in fiscal year 2007 (ended September 30). Siemens today employs more than 470,000 people in some 190 countries. In the United States alone, Siemens had sales of over $25 billion (including export sales), fueled largely by infrastructure projects and innovative solutions in the industry areas of medical, automation and control, power, transportation and lighting. Headquartered in New York City, Siemens in the U.S. employs nearly 72,000 people in all 50 states and Puerto Rico. The U.S. is also home to the global headquarters of nine of Siemens' worldwide businesses. For more information on Siemens in the United States, go to http://www.usa.siemens.com/.
Siemens Contact:
Michael Krampe
770-751-4959
michael.krampe@siemens.com
Microscan
CONTACT: Michael Krampe of Siemens, +1-770-751-4959, michael.krampe@siemens.com; or Laura Hoffman of Microscan, +1-425-226-5700, lhoffman@microscan.com
Web site: http://www.microscan.com/ http://www.sea.siemens.com/ http://www.usa.siemens.com/
Consolidated Communications Assesses Impact of Hurricane Ike- Financial Impact Not Expected To Be Material -
MATTOON, Ill., Sept. 15 /PRNewswire-FirstCall/ -- Consolidated Communications Holdings, Inc. today announced its initial assessment of the impact of Hurricane Ike to its Texas telephone operations. The company has also completed its initial operational review and estimate of the financial impact of the storm on its network operations.
Bob Currey, president and chief executive officer, said, "Our employees and emergency response teams were well prepared and have done a terrific job in managing service disruptions. I want to thank our employees for their extraordinary efforts on behalf of our company and our customers. We quickly recovered in our Katy and Lufkin areas and are working diligently in our Conroe market to restore service where outages remain. Those of our customers who are without service can be assured that we are doing all we can to bring them back online as quickly as possible and our hearts go out to the many people affected by the storm."
"In our initial assessment, we found little property and network damage. We quickly deployed resources to bring service back up over the weekend," said Bob Udell, senior vice president and president of Texas telephone operations. "The primary recovery issue we are facing is the duration of power outages in parts of our operating territory. We quickly utilized back up generators and successfully restored service in many affected areas. We expect to have the remaining Conroe areas restored early this week."
"Based on our initial assessment of the situation, the net financial impact caused by Hurricane Ike is expected to be minimal," added Steve Childers, Consolidated's chief financial officer. "There was no major structural damage to our property and restoral efforts are moving quickly. Accordingly, we do not expect any material impact on our financial condition or results from operations for the quarter ending September 30, 2008."
About Consolidated Communications
Consolidated Communications Holdings, Inc. is an established rural local exchange company providing voice, data and video services to residential and business customers in Illinois, Texas and Pennsylvania. Each of the operating companies has been operating in its local market for over 100 years. With approximately 276,793 ILEC access lines, 73,713 Competitive Local Exchange Carrier (CLEC) access line equivalents, 86,575 DSL subscribers, and 14,112 IPTV subscribers, Consolidated Communications offers a wide range of telecommunications services, including local and long distance service, custom calling features, private line services, high-speed Internet access, digital TV, carrier access services, and directory publishing. Consolidated Communications is the 13th largest local telephone company in the United States.
Safe Harbor
This release contains forward-looking statements regarding future events and the future performance of Consolidated Communications Holdings, Inc. that involve risks, uncertainties and assumptions that could cause actual results to differ materially including, but not limited to, economic conditions, customer demand, increased competition in the relevant market and others. These and other risks and uncertainties are discussed in more detail in Consolidated Communication's filings with the Securities and Exchange Commission, including our reports on Form 10-K and Form 10-Q. Many of these risks are beyond management's ability to control or predict. Because of these risks, uncertainties and assumptions, you should not place undue reliance on the forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. We do not undertake any obligation to update or review any such forward-looking information, whether as a result of new information, future events of otherwise.
Consolidated Communications Holdings, Inc.
CONTACT: Matt Smith, Director - Investor Relations of Consolidated Communications Holdings, Inc., +1-217-258-2959, matthew.smith@consolidated.com
Web site: http://www.consolidated.com/
PASSUR Aerospace Reports Profits Up 31% on a 35% Revenue Increase for First Nine Months of Fiscal 2008
GREENWICH, Conn., Sept. 15 /PRNewswire-FirstCall/ -- PASSUR Aerospace, Inc. (BULLETIN BOARD: PSSR) announced a net profit of $127,000 or $.02 per share in the third quarter ended July 31, 2008, compared to a net profit of $142,000 or $.03 per share in the same quarter of fiscal 2007. Third quarter income was adversely impacted by a significant executive recruiting fee. Total revenues for third quarter 2008 were up approximately 36% to $1,998,000, compared to $1,467,000 in the same quarter of the previous fiscal year. Subscription sales for the third quarter were up approximately 37% to $1,873,000, compared to $1,365,000 in the same quarter of fiscal 2007.
For the nine months ending July 31, 2008, the company had a net profit of $406,000 or $.07 per share, 31% higher than the net profit of $311,000 or $.06 per share in the same period of fiscal 2007. Total revenues for first nine months of 2008 were up approximately 35% to $5,608,000 compared to $4,161,000 in the same period of the previous fiscal year. Subscription sales for the first nine months were up approximately 37% to $5,240,000, compared to $3,822,000 in the same period of fiscal 2007.
"Our strong sales results for 2008 demonstrate the importance our customers place on having timely, accurate information and software solutions to reduce costs -- including fuel costs -- and to grow their top lines," said Jim Barry, PASSUR Aerospace's President and CEO. "Additionally, and as previously mentioned, we have made significant infrastructure investments in the business to position us for further growth and to allow us to provide our industry-leading products to the aviation industry."
"We had another good top-line quarter and we continue to be pleased with the infrastructure investments which represent building blocks for future growth," said G.S. Beckwith Gilbert, PASSUR Aerospace's Chairman of the Board.
About PASSUR Aerospace
PASSUR Aerospace owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs) located at more than 90 airports worldwide, including 34 of the top 35 U.S. airports -- from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of aviation organizations. PASSUR Aerospace offers unique user friendly information as well as decision algorithms which provide innovative commercial air traffic solutions to more than 50 airports, including 8 of the top 10 U.S. airports; to dozens of airlines, including 7 of the top 10 U.S. airlines; and to more than 190 corporate aviation customers, as well as to the U.S. Government. In addition, the company has created and implemented collaborative web-based software that allows the company's customers to instantly share information to improve individual and joint decision-making, creating additional value for those customers.
Visit PASSUR Aerospace's web site at http://www.passur.com/ for updated products, solutions and PASSUR news.
The forward-looking statements in this shareholder letter relating to management's expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company's owned PASSURs located at major airports, the Company's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company's results is contained in the Company's SEC filings, including the October 31, 2007 Form 10-K and July 31, 2008 10-Q.
Contact:
James T. Barry
President & CEO
(203) 622-4086
jimbarry@passur.com
PASSUR Aerospace, Inc.
CONTACT: James T. Barry, President & CEO of PASSUR Aerospace, Inc., +1-203-622-4086, jimbarry@passur.com
Web site: http://www.passur.com/
/C O R R E C T I O N -- Microsoft Corp./
VIENNA, Austria, September 15 /PRNewswire/ --
In the news release, "Microsoft to Sign Global Partnership With SWIFT,
Driving Toward the Payments Platform of the Future" issued on 15 Sep 2008
07:01 GMT, by Microsoft Corp. nasdaq:MSFT over PR Newswire, we are advised
by a representative of the company that the first paragraph, first sentence,
should read "Society for Worldwide Interbank Financial Telecommunication
(SWIFT)" rather than "Society for Worldwide Interbank Financial Transactions
(SWIFT)" as originally issued inadvertently.
Complete, corrected release follows:
- Microsoft renews commitment to SWIFT and achieves SWIFTReady Financial
EAI Label for 2008.
Microsoft Corp. today announced at Sibos 2008 that it is signing a global
partnership agreement with the Society for Worldwide Interbank Financial
Telecommunication (SWIFT). The announcement signifies a new, higher level of
close cooperation between the organizations, under which they will work
together to deliver deep industry value and simplify SWIFTNet implementation
for customers using Microsoft technology. It is a mutual, commercially based
agreement between the organizations and will open further opportunities for
financial service providers and midsize to large corporations to quickly and
easily connect to SWIFT.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO )
"The dynamics of financial messaging are changing as institutions look
toward technology as a competitive differentiator," said Amanda Westwood,
global head of SWIFT's customer service division. "SWIFT customers demand
flexible messaging platforms that are cost effective to implement and
integrate with their existing systems. The continued work Microsoft does to
support SWIFTNet integration and SWIFTSolutions partners goes even further
toward helping expand these solutions for our customers both within
organizations and across boundaries. We expect our global partnership to
promote additional adoption of SWIFT connectivity and SWIFTSolutions in the
future."
The development of a SWIFT partner ecosystem will be an important aspect
of the global partnership. Microsoft is providing a solid and highly secure
foundation on which an expanded set of trusted industry partners can build
and implement solutions for SWIFT and deliver stronger solutions for
customers. It will also increase the choices available to customers, enabling
them to better compete through more flexible and scalable financial messaging
solutions.
As a respected voice in the area of payments technology, and
demonstrating its further commitment to both SWIFT and its international
partner ecosystem, Microsoft has, for the fifth year running, achieved the
SWIFTReady Financial EAI Label for 2008 for BizTalk Accelerator for SWIFT,
which will be included in Microsoft BizTalk Server 2009.
"We are constantly listening to our customers' feedback, and what we're
hearing from the financial services marketplace today is that they are
looking to Microsoft, as a respected leader in enabling payments solutions,
to provide increased flexibility beyond core SWIFT offerings," said David
Vander, worldwide managing director of Banking at Microsoft. "With BizTalk
Accelerator for SWIFT we are enabling fast and easy system interoperability
from bank systems to payments networks, thereby helping ensure that customers
receive the best possible solution to their business issues, whatever their
approach to payments may be. Microsoft continues to collaborate and invest in
a trusted community of partners to develop an ecosystem of payments
solutions. A number of these partners are represented here at Sibos,
including SWIFT, CashFac, DATALOG, Decillion, EastNets, Expertus, Fiserv
NetEconomy, Nimbus, SAGA, SMA Financial, SunGard and XSP, all of which
support the development of innovative, cost-effective, mission-critical
solutions that will deliver deep industry value for customers and more
effectively meet their payments needs globally."
Microsoft BizTalk Server 2009 with BizTalk Accelerator for SWIFT will
enable financial institutions to access a comprehensive set of SWIFT
solutions and support for protocols, including adapters for SWIFTNet FileAct
and InterAct, which provide connectivity between Microsoft BizTalk Server and
the SWIFT secure IP network. It also includes business activity monitoring,
providing operations managers and business analysts with enhanced visibility
into transactions. As well, Microsoft BizTalk Server 2009 will offer extended
support of ISO 20022 message repairs, from correcting simple FIN messages to
addressing the needs of MX- and ISO 20022-based Extensible Markup Language
(XML) messages.
"With more than 8,200 customers today, Microsoft BizTalk Server leads the
markets as a solution for enterprise connectivity, enabling integration
across our customers' diverse set of heterogeneous systems, line-of-business
applications, mainframes and trading partners," said Robert Wahbe, corporate
vice president of the Connected Systems Division at Microsoft. "The Microsoft
BizTalk Server 2009 release further extends our commitment to ISO 20022
standards and will make it even easier for Microsoft and its partners to
build solutions for SWIFT connectivity."
In September 2008, Microsoft also committed to help drive modeling into
mainstream use and announced membership in the standards body Object
Management Group (OMG). OMG's modeling standards include the Unified Modeling
Language(TM) (UML(R)) and Business Process Modeling Notation (BPMN), and
Microsoft will take an active role in numerous OMG working groups to help
contribute to the open industry dialogue and assist with evolution of the
standards to meet mainstream customer needs. This move is a continuation of
the company's strong commitment to industry standards and will enable its
financial services partners and customers over time to more easily support
new industry transaction models.
About Microsoft in Financial Services
Microsoft's Financial Services Group helps financial firms leverage
technology to amplify the impact their people can deliver to drive business
success. We help our customers in banking, capital markets and securities,
and insurance achieve four business outcomes: develop relationships, drive
innovation, improve operations and build connections. To do this, we focus
our products and technologies, and our work with leading solutions, services
and hardware partners, on key areas where we believe we and our partners can
deliver exceptional value. Those areas include advisor platforms, channel
renewal, core banking, insurance value chain, investment management, risk
management and compliance, and payments. For more information, visit
http://www.microsoft.com/financialservices.
About Microsoft
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in
software, services and solutions that help people and businesses realize
their full potential.
Web site: http://www.microsoft.com
Microsoft Corp.
On-site at Sibos, Clare Anderson, +44-777-075-5332, clare.anderson@metia.com, or Chanda Gathani, +44-20-3100-3605, chanda.gathani@metia.com, both of Metia, for Microsoft Corp.; NOTE TO EDITORS: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass on Microsoft's corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft's Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.; Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO, AP Archive: http://photoarchive.ap.org, PRN Photo Desk photodesk@prnewswire.com
Spirent(R) Communications Drives Data Centre Evolution with Industry's First Fibre Channel over Ethernet Test System
CRAWLEY, England, September 15 /PRNewswire/ --
- Spirent TestCenter(TM) FCoE Allows Equipment Providers, Enterprises to
Validate Performance of Data Centres
Spirent Communications plc (LSE: SPT), a global provider of performance
analysis and service management solutions, today announced the launch of
Spirent TestCenter(TM) Fibre Channel over Ethernet (FCoE) Solution, the
industry's first test product to validate the performance characteristics of
FCoE systems, an emerging technology for enterprise data centre networks. A
demonstration of this FCoE solution is being showcased at the Spirent Proof
of Concept (SPoC) Labs and Collaboration Centres in Beijing, London and
Sunnyvale.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080909/CLTU016LOGO )
FCoE is a proposed industry standard designed to extend data connectivity
in addressing current and future business requirements. FCoE maintains
existing management paradigm and tools for storage and will serve as a bridge
between storage networking and other next-generation data centre networks.
Initially, FCoE offers SAN and systems administrators the benefit of being
able to reduce the number of physical network interfaces in the server, which
reduces costs and simplifies management. FCoE utilizes the mission-critical
characteristics of Fibre Channel technology and works with existing
infrastructure and applications.
The Spirent TestCenter FCoE solution helps assess the interaction of
storage and data centre traffic over a common interface. Built on Spirent's
Fibre Channel hardware and software expertise, the introduction of its FCoE
solution demonstrates the company's market leadership and commitment to
advancing the development and deployment of the latest technologies. By
leveraging its extensive expertise in the Fibre Channel and Ethernet
marketplaces, Spirent delivers the most complete product of its kind with the
ability to support Layer 2-7 network performance testing with a broad
platform specifically designed for multi-play networks and multi-device
technologies.
"Brocade is a pioneer who helped create the SAN industry and customers
are now turning to us as a strategic and trusted vendor. Specifically, they
are asking us to help them evolve their data centres with new technologies in
mind while continuing to enjoy the benefits of the most innovative,
high-performance data centre fabric technologies available today," said Marty
Lans, senior director in the Data Center Infrastructure Division at Brocade.
"With the only product capable of pre-testing the performance and
interoperability of the FCoE protocol for storage networks, working with
Spirent will help ensure that our FCoE solutions will maintain
industry-leading latency and loss behaviours and maintain Fibre Channel-like
integrity of data connectivity"
"Testing is becoming a strategic imperative for our customers, especially
as they consider developing technologies such as FCoE," said Tim Jefferson,
general manager for Spirent TestCenter at Spirent Communications. "Spirent is
in a unique position to serve this market since we are able extended our
knowledge of Fibre Channel and Ethernet testing, and our expertise in the
10-Gigabit arena to develop the most comprehensive solution for testing a
superior breed of storage network and data centre solutions."
Test engineers now have the ability to analyze a number of critical
occurrences including the encapsulation of a native Fibre Channel frame into
an Ethernet frame, the emergence of Converged Enhanced Ethernet (CEE) to help
ensure lossless fabric, and the effect of replacing a Fibre Channel link with
MAC addresses in CEE environments. Spirent TestCenter FCoE provides support
for FCoE Initialization Protocol (FIP), a control plane protocol, and
Priority Flow Control (PFC), the advanced quality of service protocol for
Ethernet. Ultimately, users of Spirent's FCoE solution can easily understand
latency issues as well as the impact of packets which are dropped and
scenarios such as loss of power.
About Spirent Communications plc
Spirent Communications (www.spirentcom.com) is a global provider of
integrated performance analysis and service assurance systems that enable the
development and deployment of next-generation networking technology such as
Internet telephony, broadband services, 3G wireless, global navigation
satellite systems, and network security equipment. Spirent Communications'
solutions are used by more than 1,700 customers in 30 countries, including
the world's largest equipment manufacturers, service providers, enterprises
and governments. Based in Sunnyvale, CA, Spirent Communications has 1,300
employees worldwide.
Spirent Communications plc Ordinary shares are traded on the London Stock
Exchange (ticker: SPT). The Company operates a Level 1 American Depositary
Receipt ("ADR") programme with each ADR representing four Spirent
Communications plc Ordinary shares. The ADRs trade in the US over-the-counter
("OTC") market under the symbol SPMYY and the CUSIP number is 84856M209.
Spirent Communications' sales to the United States government are made
through Spirent Federal Systems Inc. www.spirentfederal.com.
Spirent, Spirent Communications and the Spirent logo are trademarks or
registered trademarks of Spirent Communications plc. All other trademarks or
registered trademarks mentioned herein are held by their respective
companies. All rights reserved.
Contact Sailaja Tennati Martin Vickery
Spirent Communications Spirent Communications
Direct +1-770-432-3225 +44-(0)-1803546617
Mobile +1-240-291-6044 +44-(0)-7894-512262
sailaja.tennati@spirent.com martin.vickery@spirent.com
This document may contain forward-looking statements which are made in
good faith and are based on current expectations or beliefs, as well as
assumptions about future events. You can sometimes, but not always, identify
these statements by the use of a date in the future or such words as "will",
"anticipate", "estimate", "expect", "project", "intend", "plan", "should",
"may", "assume" and other similar words. By their nature, forward-looking
statements are inherently predictive and speculative and involve risk and
uncertainty because they relate to events and depend on circumstances that
will occur in the future. You should not place undue reliance on these
forward-looking statements, which are not a guarantee of future performance
and are subject to factors that could cause our actual results to differ
materially from those expressed or implied by these statements. The Company
undertakes no obligation to update any forward-looking statements contained
in this document, whether as a result of new information, future events or
otherwise.
Website: http://www.spirent.com
Spirent Communications
Sailaja Tennati, +1-770-432-3225, +1-240-291-6044, Sailaja.tennati@spirent.com; or Martin Vickery, +44-(0)-1803546617, +44-(0)-7894 512262, martin.vickery@spirent.com, both of Spirent Communications. Logo: http://www.newscom.com/cgi-bin/prnh/20080909/CLTU016LOGO
Spirent(R) Communications Announces First Public Demonstration of GPS/Galileo/GLONASS Simulation System
PAIGNTON, England, September 15 /PRNewswire/ --
- Spirent GSS8000, Industry's Most Powerful and Flexible Simulation
System Featured at ION GNSS 2008
Spirent Communications plc (LSE: SPT) the leading provider of navigation
and positioning test solutions, today announces the first public
demonstration of GPS/Galileo/GLONASS simulation system with Spirent GSS8000
(http://www.spirent.com/general/docview.cfm?D=5074) multi-constellation,
multi-signal simulator at Institute of Navigation (ION) GNSS 2008 conference.
Spirent's new GSS8000 GNSS simulator is a powerful, flexible platform
providing solutions for R&D and system and application testing. The GSS8000
supports multi-system, multi constellation GNSS testing with industry leading
flexibility, accuracy, and reliability.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080909/CLTU016LOGO )
(Photo: http://www.newscom.com/cgi-bin/prnh/20080915/DC33088 )
Simulators are essential tools for GNSS R&D and system and application
developers as they provide controlled, repeatable test signals. The GSS8000
on display from September 17 - 19 at ION GNSS 2008 conference in Savannah,
Georgia includes GPS, Galileo and GLONASS signals, plus SBAS (WAAS, EGNOS,
MSAS), combined at one RF output. The same system is also capable of
generating signals representing the planned Japanese Quazi Zenith satellite
system. Spirent will have GPS, GLONASS and Galileo receivers on their booth
and intend to run a series of demonstrations throughout the show.
Representatives from Spirent Communications and Spirent Federal Systems
will be at the ION GNSS 2008 show where the Spirent GSS8000 GNSS simulator
will be a key focus of Spirent's exhibit. Spirent Federal Systems is the
Spirent affiliate responsible for sales of Spirent equipment in the Americas.
Please visit Spirent at booth D at ION GNSS 2008, September 17-19 for a
demo or to speak with one of our representatives.
About Spirent's Positioning Technology Division
Spirent is the world's leading provider of GNSS test and simulation
systems. In this capacity, Spirent is the first choice of major
manufacturers, integrators, test facilities and space agencies worldwide for
GNSS testing and simulation solutions. Today, Spirent simulation systems are
used throughout the world through a broad range of clients in more than 30
countries across five continents and in over 50 governmental agencies.
Spirent delivers navigation and positioning testing equipment and services to
all sectors of the navigation and positioning community, from government
agencies through to emerging commercial markets
(www.spirent.com/positioning).
About Spirent Communications plc
Spirent Communications (www.spirent.com) is a global provider of
integrated performance analysis and service assurance systems that enable the
development and deployment of next-generation networking technology such as
Internet telephony, broadband services, 3G wireless, global navigation
satellite systems, and network security equipment. Spirent Communications'
solutions are used by more than 1,700 customers in 30 countries, including
the world's largest equipment manufacturers, service providers, enterprises
and governments. Based in Sunnyvale, CA, Spirent Communications has 1,500
employees worldwide.
Spirent Communications plc Ordinary shares are traded on the London Stock
Exchange (ticker: SPT). The Company operates a Level 1 American Depositary
Receipt ("ADR") programme with each ADR representing four Spirent
Communications plc Ordinary shares. The ADRs trade in the US over-the-counter
("OTC") market under the symbol SPMYY and the CUSIP number is 84856M209.
Spirent Communications' sales to the United States government are made
through Spirent Federal Systems Inc. www.spirentfederal.com
Spirent, Spirent Communications and the Spirent logo are trademarks or
registered trademarks of Spirent Communications plc. All other trademarks or
registered trademarks mentioned herein are held by their respective
companies. All rights reserved.
CONTACT: John Pottle
Divisional Marketing Director of Spirent Communications
+44-1803-546-371
john.pottle@spirent.com
This document may contain forward-looking statements which are made in
good faith and are based on current expectations or beliefs, as well as
assumptions about future events. You can sometimes, but not always, identify
these statements by the use of a date in the future or such words as "will",
"anticipate", "estimate", "expect", "project", "intend", "plan", "should",
"may", "assume" and other similar words. By their nature, forward-looking
statements are inherently predictive and speculative and involve risk and
uncertainty because they relate to events and depend on circumstances that
will occur in the future. You should not place undue reliance on these
forward-looking statements, which are not a guarantee of future performance
and are subject to factors that could cause our actual results to differ
materially from those expressed or implied by these statements. The Company
undertakes no obligation to update any forward-looking statements contained
in this document, whether as a result of new information, future events or
otherwise.
Web site: http://www.spirent.com
Spirent Communications
John Pottle, Divisional Marketing Director of Spirent Communications, +44-1803-546-371, john.pottle@spirent.com. LOGO: http://www.newscom.com/cgi-bin/prnh/20080909/CLTU016LOGO, PHOTO: http://www.newscom.com/cgi-bin/prnh/20080915/DC33088
This Is FiOS and This Is Big! Really Big! Verizon FiOS TV Makes Its Western New York DebutWith up to 100 HD Channels Available, Verizon Ushers in New Age of Television Entertainment and ValueFiOS TV Goes on Sale in First Six Buffalo-Area Communities, Bringing New Era of Choice and Competition to Consumers
BUFFALO, N.Y., Sept. 15 /PRNewswire/ -- There's finally a home-entertainment choice that's big enough for Buffalo-area consumers as Verizon begins offering FiOS TV service in numerous Erie County communities Monday (Sept. 15).
"Consumers in these communities at long last have a better choice for TV," said Denny Strigl, Verizon's president and chief operating officer. "We've had great success in cities and towns from California to Texas, from Florida to Massachusetts. Now it's time to bring Verizon FiOS TV to Western New York in a really big way and provide consumers in the region with the opportunity to be liberated from their old-fashioned cable TV company."
As part of this launch, Verizon will offer up to 100 high-definition (HD) channels to consumers in the Western New York market.
"Our advanced fiber-optic network was built for HD, and we're offering more HD channels than Time Warner," said Strigl. "With all-fiber connections running straight to their homes and apartments, viewers get both standard- and high-definition TV that is eye-popping and jaw-dropping."
Verizon is initially offering FiOS TV to more than 60,000 households in the Buffalo area. Among the first communities to get the service are parts of Amherst; the town and village of Hamburg; the town and village of Orchard Park; and Tonawanda. The service will be available to several additional communities in the region within the next few weeks.
FiOS TV provides an unparalleled viewing experience that comes with unmatched, red-carpet customer service. FiOS TV also comes with Verizon's FiOS Freedom bundle of FiOS TV, the nation's best Internet service and Verizon's dependable, telephone service -- all starting at $99.99 a month.
To make the offer even sweeter, new customers who subscribe to FiOS TV by Oct. 4 will receive their choice of a year's free use of either an HD digital video recorder (DVR) or an HD Home Media DVR. Verizon is also offering new FiOS TV customers, or existing customers who upgrade to a bundled package, one free month of HBO and Cinemax, which includes the latest hit movies, documentaries and original programming from more than 25 premium channels and access to hundreds of titles on video-on-demand (VOD). New customers who take advantage of this offer will save between $200 and $260 the first year, depending upon the DVR customers choose.
Nationally, FiOS Internet is available in parts of 16 states, and FiOS TV is offered in parts of 14 states.
Over the past several weeks, Verizon started direct marketing and local advertising in the initial launch neighborhoods to enable consumers to pre-order the FiOS TV service.
"The response from consumers, so far, has been nothing short of amazing," said Andres Irlando, Verizon senior vice president of the New York region. "These advance orders soared well above our expectations." Verizon will start installing FiOS TV in customers' homes starting today.
While Verizon does not yet have a video franchise agreement with Buffalo, the company has started wiring parts of the city with its FiOS network. FiOS Internet service is now available in these areas, offering consumers incredible Internet speeds and the dependability of fiber-optic communications all the way to their homes and businesses, for both Internet and voice service.
In addition, the company placed its state-of-the-art video hub office in downtown Buffalo.
Irlando added: "We hear time and time again that Buffalo-area residents love Verizon, with more than 1,800 Buffalo-area residents employed by the company at more than a dozen work centers, garages, switching centers and call centers throughout the region. Verizon is intrinsically tied to the region, and we're proud to bring our breath-taking, new and cutting-edge services to Buffalo-area consumers."
FiOS TV Service Highlights
Verizon, the nation's fastest-growing television provider, delivers FiOS TV over the nation's most advanced fiber-optic network straight to consumers' homes and businesses. FiOS TV offers stunning picture-and-sound quality, more high-definition (HD) and video-on-demand (VOD) choices than Time Warner and interactive features that create the ultimate home-entertainment experience. With FiOS TV, subscribers enjoy a broad spectrum of content diversity and exciting interactive features that set it apart from cable offerings.
Service highlights include:
-- More than 400 all-digital channels grouped by genres such as entertainment, sports, news, shopping, movies and family, making it easy for audiences to find their favorite programming.
-- Availability of 100 high-definition channels in the Buffalo region, with extraordinary clarity and theater-quality sound.
-- A library of more than 11,000 VOD titles each month, 70 percent of which are free. The VOD library also includes an increasing number of HD titles. By year-end, Verizon plans to offer 1,000 HD VOD titles each month.
-- An innovative interactive media guide (IMG) that helps customers quickly and easily find and enjoy content from TV listings, video-on-demand catalogs and the digital video recorder (DVR) as well as personal music and photos from a home network. Features of the IMG include:
* Multi-Room DVR -- Verizon's Home Media DVR allows customers to stream recorded HD and standard-definition (SD) programs to up to six other TV sets throughout the home. This includes the ability to watch three separately recorded shows on three TV sets at the same time, plus pause recorded programming in one room and continue watching in another.
* Widgets -- Customers have one-touch, on-demand access to widgets that provide local traffic and weather reports, daily local and national news headlines, daily national sports headlines, community news, and daily horoscopes shown on TV screens.
* Free casual games -- With the remote control and an HD set-top box, customers can access chess, solitaire and wordplay.
* "What's Hot on FiOS TV" -- Features information on the most popular programs currently being broadcast in the region and the most popular VOD titles.
* "Wait for Me" -- Customers can pause live programming, change channels, and then return to the paused program and pick up where they left off.
* Channel sorting options -- Customers can create two separate lists of favorite channels for family members. They also can filter channels in the guide by genre, for instances where a customer may only want to see HD content, international channels or kids programming, among others.
Consumers can visit http://www.verizon.com/fiostv or call 1-888-438-3467 to find out if FiOS TV is available at their residence.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving nearly 69 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of more than 228,600 and last year generated consolidated operating revenues of $93.5 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: Eric Rabe, +1-908-559-3500, eric.rabe@verizon.com, or Rich Young, +1-973-649-2279, richard.j.young@verizon.com, both of Verizon
Web site: http://www.verizon.com/ http://www.verizon.com/news http://www.verizon.com/fiostv
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Stinger Systems Closes $3MM Financing
TAMPA, Fla., Sept. 15 /PRNewswire-FirstCall/ -- Stinger Systems, Inc. (OTC Bulletin Board: STIY) today announced that it has closed on a $3,000,000 10% senior convertible debt financing. The Company entered into a private placement transaction with an institutional investor pursuant to which the Company will issue and sell to the Investor a senior secured convertible note in an aggregate principal amount of $3,000,000 plus warrant coverage to purchase the Company's common stock. Under the terms of the Note interest is payable quarterly in arrears through the March 2011 with a portion of the principal due on August 3, 2010 maturity date. The Company is filing an 8K outlining details of the transaction.
ABOUT STINGER SYSTEMS
Stinger Systems, Inc., a leading developer and provider of electro stun technologies. The Company's flagship product is its S-200 projectile stun gun loaded with NerveLok(TM) and Quantum Flyback Technology(TM). The Company's other products include the Band-It(TM), prisoner restraint system and the Ice Shield(TM), electronic crowd control shield. For more information about Stinger Systems, please visit http://www.stingersystems.com/ .
FORWARD-LOOKING STATEMENTS
This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on Stinger Systems' current intent, belief and expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties that are difficult to predict. Actual results may differ materially from these forward-looking statements because of the risks described in Stinger Systems' filings with the Securities and Exchange Commission. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. Stinger Systems undertakes no obligation to update or revise the information contained in this announcement whether as a result of new information, future events or circumstances, or otherwise.
Stinger Systems, Inc.
CONTACT: Robert Gruder, Chairman and President of Stinger Systems, Inc., +1-866-788-6746, or info@stingersystems.com
Web site: http://www.stingersystems.com/
Next Inning Technology Updates Outlooks for Micron, Qimonda, SanDisk, and Spansion
PRINCETON, N.J., Sept. 15 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for Micron , Qimonda , SanDisk , and Spansion .
In a special Strategy Review published August 22nd, Next Inning Editor, Paul McWilliams predicted the sharp decline we've seen in stock prices during the last couple of weeks. In addition to this warning, he also provided a list of indicators that will let us know a rally is coming. He has since kept his readers appraised as to what stocks merit accumulation while prices are down and which stocks he thinks should be avoided. To read this and his numerous follow on reports, you are invited to test drive Next Inning for a 21-day free trial by clicking on the following link:
https://www.nextinning.com/subscribe/index.php?refer=prn712
In a special report on memory stocks, McWilliams wrote: "A couple of years ago I wrote that we would start to see mainstream laptops offered using NAND Flash in place of hard disk drives starting in late 2008. Based on recent announcements for Intel, Micron's partner in its NAND Flash effort, it appears this prediction will come true."
McWilliams also looks at these topics:
-- After correctly predicting that SanDisk's price would fall below $13 following the company's last earnings report, what is McWilliams' new price target for the company?
-- Is McWilliams bullish on DRAM companies Micron and Qimonda, or are supply and demand trends still working against them?
-- Spansion has dropped by 88% since McWilliams advised readers to sell in 2006. Does he still have a negative view of the stock?
Founded in September 2002, Next Inning's model portfolio has returned 214% since its inception versus 72% for the Nasdaq.
About Next Inning:
Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran.
NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
CONTACT: Marcie Martin Next Inning Technology Research, +1-888-278-5515
Indie Research Advisors, LLC
CONTACT: Marcie Martin of Next Inning Technology Research, +1-888-278-5515
Web site: http://www.nextinning.com/
FairPoint Preserves Capital Availability; Borrows Balance of Delayed Draw Term Loan Facility and Portion of Revolving Loan Facility
CHARLOTTE, N.C., Sept. 15 /PRNewswire-FirstCall/ -- FairPoint Communications, Inc. today announced that due to uncertainty in the financial markets, late last week it borrowed the remaining $100 million available under its $200 million delayed draw term loan facility as well as $100 million under its $200 million revolving credit facility. The Company believes that these actions were necessary to preserve its availability to capital due to Lehman Brothers' level of participation in the Company's debt facilities and the uncertainty surrounding both that firm and the financial markets in general. Lehman Brothers accounts for 30 percent of the loan commitments under both the delayed draw and revolving credit facilities.
With these borrowings, FairPoint has ample liquidity to complete the transition to its newly designed state-of-the-art systems and to continue to execute on its network expansion plans for its recently acquired operations in the northern New England states. As previously disclosed, FairPoint expects to fully utilize the funds available under the delayed draw facility over the next several months. FairPoint intends to hold the cash from the borrowings under the revolver on its balance sheet until the financial markets stabilize. FairPoint does not expect these additional borrowings to have a material impact on its compliance with its debt covenants for the quarter ended September 30, 2008.
About FairPoint
FairPoint Communications, Inc. is an industry leading provider of communications services to communities across the country. Today, FairPoint owns and operates local exchange companies in 18 states offering advanced communications with a personal touch, including local and long distance voice, data, Internet, television and broadband services. FairPoint is traded on the New York Stock Exchange under the symbol FRP. Learn more at http://www.fairpoint.com/ .
This press release may contain forward-looking statements by FairPoint that are not based on historical fact, including, without limitation, statements containing the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions and statements. Because these forward-looking statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ materially from those expressed or implied by these forward-looking statements. Such factors include those risks described from time to time in FairPoint's filings with the Securities and Exchange Commission ("SEC"), including, without limitation, the risks described in FairPoint's most recent Quarterly Report on Form 10-Q on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and FairPoint undertakes no duty to update this information.
Investor Contact: Brett Ellis
(866) 377-3747
bellis@fairpoint.com
Media Contact: Rose Cummings
(704) 602-7304
rcummings@fairpoint.com
FairPoint Communications, Inc.
CONTACT: Investor Contact: Brett Ellis, +1-866-377-3747, bellis@fairpoint.com, or Media Contact: Rose Cummings, +1-704-602-7304, rcummings@fairpoint.com, both of FairPoint Communications, Inc.
Web site: http://www.fairpoint.com/
Blackboard Inc. to Present at the Bank of America 38th Annual Investment Conference
WASHINGTON, Sept. 15 /PRNewswire-FirstCall/ -- Blackboard Inc. announced that Michael Chasen, president and CEO, Mike Beach, chief financial officer and Michael J. Stanton, SVP Corporate Affairs & Treasury, will present today at the Bank of America 38th Annual Investment Conference in San Francisco, CA at 7:00 p.m., ET/ 4:00 p.m. PT. The live webcast and a replay of the presentation will be available for a limited time at http://investor.blackboard.com/ .
About Blackboard Inc.
Blackboard Inc. is a leading provider of enterprise software applications and related services to the education industry. Founded in 1997, Blackboard enables educational innovations everywhere by connecting people and technology. With two product suites, the Blackboard Academic Suite(TM) and the Blackboard Commerce Suite(TM), Blackboard is used by millions of people at academic institutions around the globe, including colleges, universities, K-12 schools and other education providers, as well as textbook publishers and student-focused merchants that serve education providers and their students. Blackboard is headquartered in Washington, D.C., with offices in North America, Europe, Australia and Asia.
Blackboard
Educate. Innovate. Everywhere.
Blackboard Inc.
CONTACT: Michael J. Stanton, Senior Vice President, Investor Relations of Blackboard Inc., +1-202-463-4860, ext. 2305
Web site: http://www.blackboard.com/ http://investor.blackboard.com/
Supermicro lance ses SuperServers 6 COEURS
SAN JOSE, Californie, September 15 /PRNewswire/ --
- Efficaces énergétiquement, les SuperServers 4-voies 1U, 2U et 4U
délivrent une performance inégalée associés au nouveau processeur Intel Xéon
6-coeurs 7400 series
Super Micro Computer, Inc. (Nasdaq: SMCI), un leader de l'application
optimisée de solutions serveurs de haute performance, a annoncé aujourd'hui
l'apparition dans l'industrie de la première ligne de serveurs 4-voies,
6-coeurs. Les SuperServers 8015C-T et 8025C-T de Supermicro optimisés pour le
processeur 4-voies Intel Xéon 6-coeurs 7400 series, fournissent une large
empreinte de mémoire, une incroyable efficacité énergétique ainsi qu'une
solide capacité de virtualisation.
(Photo: http://www.newscom.com/cgi-bin/prnh/20080915/AQM033)
<< Avec les solutions Server Building Block de haute effficacité de
Supermicro, nous sommes capables de fournir une valeur exceptionnelle aux
clients qui cherchent consolidation et virtualisation >>, nous assure Charles
Liang, CEO et président de Supermicro. Nos nouveaux SuperServers 1U, 2U et 4U
optimisés pour les nouveaux processeurs Intel Xéon 7400 fournissent des
solutions attrayantes pour le segment rack dense, particulièrement lorsqu'il
est équipé des nouveaux processeurs 65-watt-6-coeurs d'Intel. Ces serveurs
sont à même de délivrer des performances de virtualisation jusqu'à 35%
meilleures et améliore l'ensemble des performances jusqu'à 45%* comparées à
celles de la génération précédente.
<< Les processeurs multi-core Intel Xeon series 7400 améliorent les
performances de la nouvelle ligne de SuperServers Supermicro, notamment au
niveau de la scalabilité qui est exigée pour l'application d'entreprise >>,
nous dit Kirk Skaugen, vice président et directeur général de la division
Serveur Platform Group d'Intel.
Basés sur les cartes de serveurs X7QCE et X7QC3 de Supermicro, les
SuperServers 8015C-T, 8025C-3R et 8045C-3R supportent jusqu'à 192 GB de
mémoire DDR2 667 ou 533MHz via 24 emplacements DIMM. Parfait pour la
virtualisation, cette large capacité de mémoire,= améliore les performances
pour un grand nombre d'applications.
Avec 90% d'efficacité d'alimentation et des designs de refroidissement
optimaux, ces serveurs efficaces énergétiquement délivrent une performance
par watt encore inégalée*. Optimisée pour les processeurs 45nm, la
performance qui améliore les caractéristiques de ces systèmes inclut
également quatre interconnections haut débit, des processeurs 6-coeurs avec
la microarchitectue Intel Core et 64 MB de filtre snoop.
Supermicro propose ses SuperServers 4-voies en facteurs de forme 1U, 2U
et 4U pour plus de choix pour le client à qui il revient à partir de ce
support de choisir dans la gamme complète des processeurs SKUs Xéon 7400.
Avec une performance optimisée 130-watt, rack optimisé 80-watt et un rack de
haute densité optimisé 65-watt 6-coeurs SKUs, les clients peuvent maintenant
choisir le serveur le mieux adapté à leurs applications.
Les Solutions Server Building Block de Supermicro offrent une flexibilité
exceptionnelle, de même que de remarquables avantages. Pour plus
d'informations sur la gamme complète des solutions serveurs de Supermicro,
rendez-vous sur http://www.supermicro.com.
Concernant Super Micro Computer, Inc. (NASDAQ : SMCI)
Supermicro s'est concentré sur la conception de produits au design
supérieur et sur la mise en place d'un contrôle qualité rigoureux afin de
produire des cartes mères, châssis et serveurs de haute gamme. Ses modules de
serveurs apportent des bénéfices dans de nombreux domaines, incluant des
centres de bases de données, des calculs intensifs, des stations graphiques
de haut niveau, de stockage et installations de serveurs. Pour plus
d'informations sur la gamme complète des cartes-mères, SuperServers et
châssis Supermicro, veuillez consulter le site http://www.supermicro.com ou
écrire à l'adresse suivante : marketing@supermicro.com ou encore téléphoner au
+1-408-503-8000, ligne standard du siège Supermicro à San Jose CA USA.
SMCI-F
Supermicro et les solutions de modules de serveurs Supermicro sont des
marques déposées. D'autres noms et marques sont la propriété de leur
possesseur respectif.
*Performance claim based on internal comparisons to previous generation
4-way servers optimized for Intel Xeon processors.
Site Web : http://www.supermicro.com
Super Micro Computer, Inc.
Michael Kalodrich de Super Micro Computer, Inc., +1-408-503-8063, michaelk@supermicro.com. Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080915/AQM033, PRN Photo Desk, photodesk@prnewswire.com
News Archives of September 2008
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec |