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Companies news of 2008-11-17 (page 1)

  • Salesforce.com Chairman and CEO to Speak at SIIA OnDemandEvent to be audiocast live on...
  • DivX Revises 2008 Guidance; Files Lawsuit Against Yahoo! for Intentional Breach of...
  • SRA Awarded $25 Million Contract by U.S. Centers for Disease Control and PreventionCompany...
  • Interwoven to Present at UBS Global Technology and Services Conference
  • Whither the Click? comScore Brand Metrix Norms Prove 'View-Thru' Value of Online...
  • National Eagle Leadership Institute Honors Verizon for Corporate Responsibility Efforts;...
  • Tokyo Tech Builds First Tesla GPU Based Heterogeneous Cluster to Reach Top 500NVIDIA Tesla...
  • Elcom Provides Update on SEC Filings Status
  • Satyam BPO Among Top 4 in 2008 Global Six Sigma and Business Improvement AwardsInnovative...
  • ARRIS to Present at UBS Global Technology and Services Conference
  • CVS.com Named Best Consumer Health Product Internet SiteIndependent Panel Recognizes Newly...
  • YRC Worldwide CEO Calls for Focus on the Future-- YRC Worldwide continues with aggressive...
  • Vikram Saksena to Step Down as CTO at Sonus Networks
  • Dr. Vikram Saksena Named Tellabs Chief Technology Officer
  • Intuit and Copanion Join Forces to Increase Productivity and Simplify Workflow for Tax...
  • /C O R R E C T I O N -- TSMC, Ltd./In the news release, TSMC Ramps 40nm Volume Production...
  • AMICAS Unveils Next Generation PACS at RSNA 2008AMICAS PACS Version 6.0 introduces...
  • Alcatel-Lucent to Showcase Advanced ITS Solutions at the 2008 ITS World Congress
  • Presto Services Inc. Creates PrestoConnect Website and Adds New Features to Presto Mail...
  • Comcast to Roll Out Extreme 50 Mbps High-Speed Internet Service in Washington in...
  • PR Newswire Acquires Full Rights to Xinhua PR Newswire and Additional Xinhua Finance...
  • Bull Selects Hifn's Market-Leading Capacity Optimization Cards for Its StoreWay Virtuo...
  • Comcast to Roll Out Extreme 50 Mbps High-Speed Internet Service in Oregon and Southwest...
  • Exchange Online and SharePoint Online Out of Beta and Ready for PurchaseMicrosoft...
  • CVS.com Named Best Consumer Health Product Internet SiteIndependent Panel Recognizes Newly...
  • Virgin Mobile USA Identifies Additional Synergies and Related Cost Savings
  • Change of Name From North Coast Partners, Inc. to Montavo, Inc. and Completion of Merger
  • Genuine Parts Company Declares Regular Quarterly Dividend and Announces Additional 15...
  • Logical Innovations chooses MatrikonOPC technology for all of its system integration...



    Salesforce.com Chairman and CEO to Speak at SIIA OnDemandEvent to be audiocast live on salesforce.com's investor relations website

    SAN FRANCISCO, Nov. 17 /PRNewswire-FirstCall/ -- Salesforce.com , the enterprise cloud computing company, today announced that Marc Benioff, chairman and CEO of salesforce.com, will speak at SIIA OnDemand in San Jose, CA on Tuesday, November 18th, 2008 at 9:30 am PT.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO)

    An audio webcast of Mr. Benioff's presentation will be available on salesforce.com's website at http://www.salesforce.com/investor.

    About salesforce.com

    Salesforce.com is the enterprise cloud computing company. The company's portfolio of SaaS applications, including its award-winning CRM, available at http://www.salesforce.com/products/, has revolutionized the ways that customers manage and share business information over the Internet. The company's Force.com PaaS enables customers, developers and partners to build powerful on-demand applications that deliver the benefits of multi-tenancy across the enterprise. Applications built on the Force.com platform, available at http://www.force.com/, can be easily shared, exchanged and installed with a few simple clicks via salesforce.com's Force.com AppExchange marketplace available at http://www.salesforce.com/appexchange/.

    As of July 31, 2008, salesforce.com manages customer information for approximately 47,700 customers including ABN AMRO, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, Sprint Nextel, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.

    Copyright (c) 2008 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com salesforce.com

    CONTACT: Katy Dormer of salesforce.com, +1-415-901-8595,
    kdormer@salesforce.com

    Web site: http://www.salesforce.com/




    DivX Revises 2008 Guidance; Files Lawsuit Against Yahoo! for Intentional Breach of ContractYahoo! Informs Company of Intention to Cease Required Payments Under Advertising Services Agreement

    SAN DIEGO, Nov. 17 /PRNewswire-FirstCall/ -- DivX, Inc. , a digital media company, today announced a revision to its revenue and earnings estimates for the fiscal year ending December 31, 2008, following notification from a major advertising customer, Yahoo!, Inc. that it intends to breach the two-year advertising services agreement announced in September 2007 between the two companies and discontinue making payments required under the agreement.

    As a result, DivX has filed a lawsuit in California Superior Court in Santa Clara County seeking damages from Yahoo! and specific performance under the agreement.

    "Yahoo!'s decision to breach is unjustified given DivX's fulfillment of its obligations under the agreement," said Kevin Hell, Chief Executive Officer for DivX. "The Company will aggressively pursue legal action to ensure that Yahoo! honors its obligations under this agreement."

    The Company anticipates that its revenues for 2008 will range from $90 million to $92 million as compared to its previous estimates of $95 million to $97 million. In addition, the Company anticipates its non-GAAP EPS for 2008 will range from $0.49 to $0.51 as compared with its previous estimates of $0.58 to $0.60. Media and other distribution services are now expected to be 15% to 20% of total revenues for fiscal year 2008 as compared to the previously announced range of 15% to 25%.

    "Absent further developments, we believe this action by Yahoo! will impact the fourth quarter of 2008, as well as fiscal year 2009, since the Yahoo! agreement terminates by its terms on December 31, 2009," said Dan Halvorson, Executive Vice President and Chief Financial Officer.

    Revised Full Year 2008 Earnings Guidance Updated FY '08 FY '08 Guidance Guidance (Provided on October 30, 2008) Revenue (in millions) $90 - $92 $95 - $97 GAAP earnings per share, diluted $0.20 - $0.22 $0.29 - $0.31 Adjustments: Non-cash share-based compensation expense, net of income taxes $0.16 $0.16 Stage6 related expenses, net of income taxes $0.06 $0.06 Impairment of intangible asset, net of income taxes $0.03 $0.03 Amortization of purchased intangibles, net of income taxes $0.04 $0.04 FX (gain) / loss on Euro-based intercompany loan, net of income taxes $0.00* $0.00* Non-GAAP earnings per share, diluted $0.49 - $0.51 $0.58 - $0.60 * No further impact is assumed for Euro FX fluctuation at this time.

    "We believe the current economic environment will continue to be challenging, but we plan to operate our business in a disciplined manner, while maintaining tight control of expenses," said Kevin Hell. "We are focused on continuing to drive our core licensing business, and will diligently pursue alternatives to replace the Yahoo! deal and continue to grow our software distribution business."

    Conference Call and Audio Webcast

    DivX management will host a conference call and simultaneous audio webcast to discuss today's announcements at 2:00 p.m. Pacific Time or 5:00 p.m. Eastern Time. To participate in the call, please dial 877-723-9509 or outside the U.S. 719-325-4802 to access the call at least five minutes prior to the start time. A live audio webcast will be available on the Events and Presentations page at http://investors.divx.com/.

    In addition, an audio replay of the call will be available between 8:00 p.m. Eastern Time November 17, 2008 and Midnight, Eastern Time November 21, 2008 by calling 888-203-1112 or 719-457-0820, with passcode 8537714.

    About DivX, Inc.

    DivX, Inc. is a digital media company that enables consumers to enjoy a high-quality video experience across any kind of device. DivX creates, distributes and licenses digital video technologies that span the "three screens" comprising today's consumer media environment -- the PC, the television and mobile devices. Over 100 million DivX Certified devices have shipped into the market from leading consumer electronics manufacturers. DivX also offers content providers and publishers a complete solution for the distribution of secure, high-quality digital video content. Driven by a globally recognized brand and a passionate community of hundreds of millions of consumers, DivX is simplifying the video experience to enable the digital home.

    Forward-Looking Statements

    Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, the top-line growth and earnings potential of the core DivX business, the Company's position in the digital media space, plans for expanding the Company's core licensing business, expectations for DivX Connected, plans for extending the Company's content licensing partnerships, the Company's ability to recover damages and/or replace lost revenues as a result of Yahoo!'s breach of the advertising services agreement, and anticipated financial results for the full years 2008 and 2009. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivX's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to: the risk that customer use of DivX technology may not grow as anticipated; the risk that anticipated market opportunities may not materialize at expected levels, or at all; the risk that the Company's activities may not result in the growth of profitable revenue; the risk that the Company may not recover damages and/or replace lost revenues as a result Yahoo!'s breach of the advertising services agreement; the risk that the Company's financial performance for the full years 2008 and 2009 may not meet expectations; risks and uncertainties related to the maintenance and strength of the DivX brand; DivX's ability to penetrate existing and new markets; the effects of competition; DivX's dependence on its licensees and partners; the effect of intellectual property rights claims; and other factors discussed in the "Risk Factors' section of DivX's most recent reports filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement. DivX is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise, other than as required under applicable securities laws.

    DivX, Inc.

    CONTACT: Investor Relations, Karen Fisher, +1-858-882-6415,
    kfisher@divxcorp.com, or Media, Tom Huntington, +1-858-882-0672,
    thuntington@divxcorp.com, both of DivX, Inc.

    Web site: http://www.divx.com/




    SRA Awarded $25 Million Contract by U.S. Centers for Disease Control and PreventionCompany Providing Laboratory Support Services for Select Agent Program

    FAIRFAX, Va., Nov. 17 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to government organizations and commercial clients, today announced it has won a contract with the Centers for Disease Control and Prevention (CDC) Division of Select Agents and Toxins to provide laboratory support services to the Select Agent Program. Awarded in September, the contract is a re-compete of work the company has supported since 2002 through the acquisition of Constella Group. It has an estimated value of $24.9 million over five years, if all options are exercised.

    Under the contract, SRA will continue to help CDC track the possession, use and transfer of select agents in the U.S. (Select agents are biological agents and toxins that have the potential to pose a threat to public health and safety if released into the environment.) The company's work includes registering and inspecting facilities that use, store or transport select agents; certifying that proper biosafety and biosecurity measures are in place in the laboratories; processing select agent transfer requests; tracking all shipments of select agents between registered facilities; and assisting CDC with administering the Etiologic Agent Import Permit Program, which helps control the import of agents or vectors of human disease into the U.S. Under the new contract, SRA will increase its support for CDC and also manage and control all records and data associated with the Select Agent Program.

    "The Select Agent Program is key to ensuring the safety and security of the registered select-agent facilities, the staff who work with those agents and the general public, " said Wayne Myers, director of Public Health Informatics - the SRA business unit that supports the Select Agent contract. "Our laboratory inspectors have conducted more than 1,000 onsite inspections over the past five years, and we look forward to continuing to help CDC manage this critical emergency preparedness program."

    About SRA International, Inc.

    SRA and its subsidiaries are dedicated to solving complex problems of global significance for government organizations serving the national security, civil government and global health markets. Founded in 1978, the company and its subsidiaries have expertise in such areas as air surveillance and air traffic management; contract research organization (CRO) services; cybersecurity; disaster response planning; enterprise resource planning; environmental strategies; IT systems, infrastructure and managed services; logistics; public health preparedness; strategic management consulting; systems engineering; and wireless integration.

    FORTUNE(R) magazine has chosen SRA as one of the "100 Best Companies to Work For" for nine consecutive years. The company and its subsidiaries employ more than 6,400 employees serving clients from headquarters in Fairfax, Va., and offices around the world. For additional information on SRA, please visit http://www.sra.com/.

    Any statements in this press release about future expectations, plans, and prospects for SRA, including statements about the estimated value of the contract and work to be performed, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of November 17, 2008. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to November 17, 2008.

    SRA International, Inc.

    CONTACT: Sheila S. Blackwell, +1-703-227-8345, sheila_blackwell@sra.com,
    or Jennifer Poore, +1-919-313-7785, jennifer_poore@sra.com, both of SRA
    International, Inc.

    Web site: http://www.sra.com/




    Interwoven to Present at UBS Global Technology and Services Conference

    SAN JOSE, Calif., Nov. 17 /PRNewswire-FirstCall/ -- Interwoven, Inc. , a global leader in content management solutions, today announced that its chief executive officer, Joe Cowan, will present at the 2008 UBS Global Technology and Services Conference in New York on Wednesday, November 19, 2008 at 11:00 a.m. EST.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO)

    A live webcast will be available on Interwoven's Web site at http://www.interwoven.com/investors and will be available on an archived basis for a limited time period.

    About Interwoven

    Interwoven, Inc. is a global leader in content management solutions. Interwoven's software and services enable organizations to maximize online business performance and organize, find, and govern business content. Interwoven solutions unlock the value of content by delivering the right content to the right person in the right context at the right time. Nearly 4,600 of the world's leading companies, professional services firms, and governments have chosen Interwoven, including adidas, Airbus, Amnesty International USA, Avaya, BT, Cisco, Citi, Delta Air Lines, DLA Piper, FedEx, Grant Thornton, Hilton Hotels, HKMP LLP, Hong Kong Trade and Development Council, HSBC, LexisNexis, MasterCard, Microsoft, Samsung, Shell, Sky Italia, Qantas Airways, Tesco, Virgin Mobile, and White & Case. A community of over 25,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit http://www.interwoven.com/.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20071205/INTWOVLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Interwoven, Inc.

    CONTACT: Keren Ackerman, Investor Relations of Interwoven, Inc.,
    +1-408-953-7284, keren.ackerman@interwoven.com

    Web site: http://www.interwoven.com/




    Whither the Click? comScore Brand Metrix Norms Prove 'View-Thru' Value of Online AdvertisingCost Per Click Based Advertising Models Fail to Monetize the Full Impact of Online Ad Exposures for Publishers

    RESTON, Va., Nov. 17 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today announced the availability of its comScore Brand Metrix norms database, compiled from nearly 200 brand impact studies conducted across a range of industries and online ad campaigns. comScore Brand Metrix is a breakthrough service for measuring the effectiveness of online advertising campaigns in meeting branding objectives such as heightened brand awareness, improved attitudes toward the brand, increased purchase intent -- and ultimately incremental purchasing.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)

    "In an environment where proving the effectiveness of every advertising dollar is essential, comScore Brand Metrix gives marketers and publishers the ammunition to demonstrate the true value of their online advertising efforts," said Evan Neufeld, comScore vice president of advertising solutions. "With online display ads yielding click-thru rates of less than 0.1 percent, advertisers can no longer rely on click-thrus to gauge online ad performance. Doing so fails to capture the impact of advertising impressions -- or view-thru -- on attitude and future behavior, which are essential metrics in assessing the complete return on an investment in online advertising."

    comScore Brand Metrix relies on the comScore panel to parse differences in behavior and attitudes among those consumers exposed to an online ad campaign compared to those who are not exposed. It is the first product in the industry to measure the true impact of online ad exposures because it overcomes the deleterious impact of cookie deletion that other services ignore, and which can lead to an understatement of the actual view-thru impact of online ads by a factor of 20 percent or more.

    Norms Database Shows Substantial Lift in Sales, Advertiser Trademark Search and Site Visitation

    The comScore Brand Metrix norms database contains the results of studies that have been conducted across ten vertical industries and includes the following metrics: top-of mind unaided awareness, total unaided awareness, aided awareness, total advertising awareness, online ad recall, favorability, likelihood to recommend, and likelihood to purchase. For a subset of the studies, the norms database also includes the important behavioral metrics of advertiser trademark searches, site visitation and purchasing -- both online and at retail stores.

    "Online advertising offers a very compelling value proposition because it gives marketers a bigger bang for their buck," added Neufeld. "Not only does online marketing have the benefits of more attractive advertising rates and a faster growing retail channel, but it's clear from the results of our studies that Internet marketing also generates incremental sales in retail stores."

    The comScore norms data provide compelling empirical support for the belief that there is a quantifiable view-thru impact of online ad exposures on brand value and sales. For the studies in which both retailers' online and offline sales were analyzed, for periods ranging from two weeks to three months after the initial exposure to an online display ad, the incremental online sales lift was 27 percent and offline sales lift was 17 percent

    Lift in Retailers' Online and Offline Sales among Internet Users Exposed to Display Ads Total U.S. - Home/Work/University Locations Source: comScore Brand Metrix, Norms Database Monthly Sales ($) per Thousand Exposed Consumers Control Test Lift Online Sales $994 $1,263 27% Offline Sales $9,905 $11,550 17%

    Online ad exposures also yield a lift in various important online behaviors, such as brand site visitation and trademark searches. For example, a substantial lift in visitation to the advertiser's Web sites can be observed in the weeks following an exposure to a display ad, even though click rates are less than 0.1 percent. Specifically, there was a 65 percent increase in lift in the week following the first ad exposure and a 46-percent increase over the four weeks following the first exposure, underscoring the latent branding effect.

    Lift in Advertiser Site Visitation Among Internet Users Exposed to Display Ads Total U.S. - Home/Work/University Locations Source: comScore Brand Metrix, Norms Database Advertiser Site Reach Control Test Lift Week Following First Ad Exposure 2.1% 3.5% 65% Weeks 1-2 After First Exposure 3.1% 4.8% 54% Weeks 1-3 After First Exposure 3.9% 5.8% 49% Weeks 1-4 After First Exposure 4.5% 6.6% 46%

    The comScore norms data also show that online display ads can cause an increase in search queries that involve the advertiser's trademark brand name. Specifically, the average lift in branded trademark searches for the online advertisers studied was 52 percent in the week following the first ad exposure. The norms data also show a substantial continued impact, with a 38- percent lift in trademark searches in the four weeks following the first ad exposure.

    Lift in Branded Trademark Search Among Internet Users Exposed to Display Ads Total U.S. - Home/Work/University Locations Source: comScore Brand Metrix, Norms Database Percentage Making a Trademark Search Control Test Lift Week Following First Ad Exposure 0.2% 0.3% 52% Weeks 1-2 After First Exposure 0.4% 0.5% 46% Weeks 1-3 After First Exposure 0.5% 0.7% 40% Weeks 1-4 After First Exposure 0.6% 0.9% 38%

    "We switched to comScore Brand Metrix because their method of recruiting test and control groups is more accurate and produces less bias than other methods of recruitment we have seen," said Christine Peterson, VP, Digital Media Director, Carat. "We know we can expect unique and actionable insights from each study."

    "comScore has helped us bring our clients a new level of campaign measurement utilizing both cross-media methodologies and behavioral data analysis," said Kelli Robertson, Group Planning Director, AKQA.

    comScore Chairman to Present Norms Data at Wharton Conference

    comScore executive chairman Gian Fulgoni will discuss the implications of the norms data in his presentation, "How Online Advertising Works: Whither the Click?" at the Empirical Generalization in Advertising Conference at the SEI Center at Wharton Business School in Philadelphia on December 5, 2008.

    For more information on comScore Brand Metrix, please visit http://www.comscore.com/contact

    About comScore

    comScore, Inc. is a global leader in measuring the digital world and preferred source of digital marketing intelligence. For more information, please visit http://www.comscore.com/.

    Photo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com comScore, Inc.

    CONTACT: Andrew Lipsman of comScore, Inc., +1-312-775-6510,
    press@comscore.com

    Web site: http://www.comscore.com/




    National Eagle Leadership Institute Honors Verizon for Corporate Responsibility Efforts; Recognizes Verizon's Pedro Correa for Outstanding Leadership

    NEW YORK, Nov. 17 /PRNewswire/ -- Verizon's Thinkfinity.org has earned the company the National Eagle Leadership Institute (NELI) Award for Stellar Leadership in Corporate Responsibility.

    Thinkfinity.org is the Verizon Foundation's free, comprehensive Web site containing more than 55,000 educational resources, including standards-based, grade-specific, K-12 lesson plans, online educational games, videos and other materials provided in partnership with many of the nation's leading educational organizations. Since the Web site's launch in March 2007, the Verizon Foundation has committed more than $34 million to update and expand Thinkfinity.org and provide training to teachers.

    "The NELI Award celebrates companies that lead well, and Verizon's Thinkfinity.org is an exceptional demonstration of that achievement," said NELI's founder and president, Georgia L. Clark. "The site punctuates Verizon's incredible commitment to education and to developing a pipeline of leaders for many years to come."

    Verizon was one of four companies to receive the award at the 16th annual CareerFOCUS Eagle Awards Gala and Leadership Summit, which was held last week in Chicago.

    Also at the Summit, Pedro Correa, Verizon vice president of multilingual consumer and business sales, received the prestigious CareerFOCUS Eagle Award, the nation's premier leadership-achievement honor for African-American and Latino professionals who excel in business and community leadership. Correa is one of 16 individuals across the nation to receive the award this year.

    The award has twice been named best awards and recognition program by FOLIO Magazine.

    "We honor Pedro, along with his fellow 2008 CareerFOCUS Eagle Award winners, because he embodies infinite wisdom, responsibility and the heart to be an effective leader," said Clark. "Eagle Award winners, value service to others and back competence with unshakable character that positively influences the people, companies, and communities that they serve."

    About The National Eagle Leadership Institute(R)

    The National Eagle Leadership Institute(R) (NELI) is a premier leadership development resource for African-American and Latino professionals and college students. Our mission is the help you lead. NELI was launched in 1995 in response to corporate America's increasing focus on leadership and diversity in the workplace. The Institute provides strategies to recognize, recruit, and retain trusted, empowered, and admired leaders. The first Eagle Awards were presented by CareerFOCUS Magazine in 1993 at the Mansion on O Street in Washington, DC. It was an intimate luncheon of only 35 guests. Today, the CareerFOCUS Eagle Awards Gala is one of the leading recognition platforms in corporate America.

    About the Verizon Foundation

    The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of K-12 education through its educational Web site, 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.

    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 71 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 228,000 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, +1-908-559-6434, brian.c.malina@verizon.com

    Web Site: http://www.thinkfinity.org/home.aspx
    http://www.verizon.com/foundation

    Company News On-Call: http://www.prnewswire.com/comp/094251.html




    Tokyo Tech Builds First Tesla GPU Based Heterogeneous Cluster to Reach Top 500NVIDIA Tesla Powers 29th Most Powerful Supercomputer in the World

    AUSTIN, Texas, Nov. 17 /PRNewswire-FirstCall/ -- SC08 -- The Tokyo Institute of Technology (Tokyo Tech) today announced a collaboration with NVIDIA to use NVIDIA(R) Tesla(TM) GPUs to boost the computational horsepower of its TSUBAME supercomputer. Through the addition of 170 Tesla S1070 1U systems, the TSUBAME supercomputer now delivers nearly 170 TFLOPS of theoretical peak performance, as well as 77.48 TFLOPS of measured Linpack performance, placing it, again, amongst the top ranks in the world's Top 500 Supercomputers.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)

    "Tokyo Tech is constantly investigating future computing platforms and it had become clear to us that to make the next major leap in performance, TSUBAME had to adopt GPU computing technologies," said Satoshi Matsuoka, division director of the Global Scientific Information and Computing Center at Tokyo Tech. "In testing our key applications, the Tesla GPUs delivered speed-ups that we had never seen before, sometimes even orders of magnitude -- a tremendous competitive boost for our scientists and engineers in reducing their time to solution."

    Speaking to the ease of implementation, Matsuoka continued, "The entire upgrade was carried out in 1 week, and the TSUBAME supercomputer remained live throughout. This is an unprecedented feat in top-level supercomputing."

    "We are honored to partner with Tokyo Tech -- world famous for their supercomputing expertise and success," said Andy Keane, general manager of the GPU Computing business at NVIDIA. "NVIDIA Tesla breaking into the Top 500 marks a milestone in supercomputing history. The massively parallel GPU is now essential for supercomputing centers worldwide."

    The first to achieve Top 500 ranking with an NVIDIA Tesla based GPU cluster, Tokyo Tech, is one of hundreds of distinguished universities and supercomputing centers that have adopted GPU based solutions for research. Other leading centers include the National Center of Supercomputing Applications (NCSA) at the University of Illinois, Rice University, University of Heidelberg, University of Maryland, Max Planck Institute and University of North Carolina.

    The Tesla S1070 1U GPU system is based on the NVIDIA CUDA(TM) parallel architecture. This architecture is accessible through an industry standard C language programming environment that allows developers and researchers to tap into the parallel architecture of the GPU more quickly and easily than any other solution shipping today.

    For more information on NVIDIA Tesla S1070, please visit: http://www.nvidia.com/object/tesla_s1070

    About NVIDIA

    NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) graphics products, the professional design and visualization market with its Quadro(R) graphics products, and the high- performance computing market with its Tesla(TM) computing solutions products. NVIDIA is headquartered in Santa Clara, Calif. and has offices throughout Asia, Europe, and the Americas. For more information, visit http://www.nvidia.com/.

    Certain statements in this press release including, but not limited to, statements as to: the benefits of NVIDIA Tesla S1070 1U GPUs on the TSUBAME supercomputer; the benefits of NVIDIA's CUDA architecture; and the essentialness of the massively parallel GPU for supercomputing worldwide; are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: development of more efficient or faster technology; adoption of the CPU for parallel processing; design, manufacturing or software defects; the impact of technological development and competition; changes in consumer preferences and demands; customer adoption of different standards or our competitor's products; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the fiscal period ended July 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

    (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, Tesla, GeForce and Quadro are trademarks or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com NVIDIA

    CONTACT: Andrew Humber of NVIDIA Corporation, +1-408-486-8138,
    ahumber@nvidia.com

    Web site: http://www.nvidia.com/




    Elcom Provides Update on SEC Filings Status

    NORWOOD, Mass., Nov. 17 /PRNewswire-FirstCall/ -- Elcom International, Inc. ("Elcom" or the "Company") (Pink Sheets: ELCO), a leading international provider of Commerce Process Management solutions for buyers, suppliers and commerce communities, today announced that after careful deliberation by the Board of Directors it has filed a Form 15 with the Securities and Exchange Commission ("SEC") to change its status to a non-reporting company under the provisions of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). If the Form 15 is approved by the SEC, the Company will remain a public company listed on the OTC Pink Sheets; however, it will no longer be required to file reports under the Exchange Act, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K. In addition, the provisions of the Sarbanes Oxley Act of 2002 ("Sarbanes Oxley") will no longer apply to the Company. In considering the change in its reporting status, the Board of Directors considered a number of factors upon which it based its decision to proceed with the filing of the Form 15. These factors included the high cost of legal, accounting and insurance fees associated with remaining a compliant Exchange Act reporting company in relation to its revenue, the low current share price, the status of the Company's turnaround in a very difficult economic environment and the management overhead associated with remaining a reporting company. The Board of Directors believes that changing its status to a non-reporting company is in the long term best interests of the shareholders as it enables the Company to focus its limited resources on improving its balance sheet and diversifying its revenue base. The Company plans to revisit its reporting status once it achieves certain milestones that are critical to a proper valuation for its share price. These milestones include a profitable balance sheet, growth and diversification of its revenue base and completion of a number of internal initiatives designed to improve Company performance.

    About Elcom International, Inc.

    Elcom International, Inc. (Pink Sheets: ELCO), is a leading international provider of Commerce Process Management solutions for buyers, suppliers and commerce communities. Commerce Process Management refers to the ability to effectively manage the large-scale exchange of goods and services, using information technology and best practices, between different organizations, including the purchase, sale, exchange of commodities and services and their receipt and payment in one seamless end-to-end integrated process. Beyond the current generation of "On Demand" solutions available in the market, Commerce Process Management Solutions provided by Elcom offer true value for money by eliminating the burden and cost of in-house programming, IT infrastructure and ongoing system management. More information is available from Elcom's website at: http://www.elcom.com/

    STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT

    Except for the historical information contained herein, the matters discussed in this press release could include forward-looking statements or information. All statements, other than statements of historical fact, including, without limitation, those with respect to Elcom's trading status on the OTC Pink Sheets, the SEC's approval of the Company's Form 15 filing, Elcom's current and future status as a reporting company under the Exchange Act, the application of Sarbanes Oxley to the Company, Elcom's objectives, plans and strategies set forth herein and those preceded by or that include the words "believes," "expects," "targets," "intends," "anticipates," "plans," or similar expressions, are forward-looking statements. Although Elcom believes that such forward-looking statements are reasonable, it can give no assurance that Elcom's expectations are, or will be, correct. These forward- looking statements involve a number of risks and uncertainties which could cause Elcom's future results to differ materially from those anticipated, including: (i) the necessity for Elcom to generate incremental operating revenues and whether this objective can be met given the overall marketplace and client's acceptance and usage of eCommerce software systems, eProcurement and eMarketplace solutions, including corporate demand therefore; the impact of competitive technologies, products and pricing, particularly given the substantially larger size and scale of certain competitors and potential competitors; control of operating expenses; and revenue growth; (ii) the consequent results of operations given the aforementioned factors; and (iii) the necessity of Elcom to achieve profitable operations within the constraints of its existing resources, and if it cannot, the availability of incremental capital funding to Elcom, particularly in light of the audit opinion from Elcom's independent registered public accounting firm in Elcom's 2007 Annual Report on Form 10-KSB, and other risks detailed from time to time in its Quarterly Reports on Form 10-Q and in Elcom's other SEC reports and statements. The Company assumes no obligation to update any of the information contained or referenced in this press release.

    AT THE COMPANY: Investor Relations E-mail: invrel@elcom.com

    Elcom International, Inc.

    CONTACT: Investor Relations OF Elcom International, Inc.,
    invrel@elcom.com

    Web site: http://www.elcom.com/




    Satyam BPO Among Top 4 in 2008 Global Six Sigma and Business Improvement AwardsInnovative Animation Methodology Cited

    HYDERABAD, India and PARSIPPANY, N.J., Nov. 17 /PRNewswire-FirstCall/ -- Satyam Computer Services, Ltd. , a leading global consulting and information technology services provider, announced today that Satyam BPO, its business process outsourcing arm, was selected as one of four finalists for the prestigious Global Six Sigma and Business Improvement Awards 2008, presented by Worldwide Conventions and Business Forums (WCBF).

    The WCBF presents the awards to organizations that use Six Sigma most effectively in the deployment of business improvement programs. Additionally, the awards highlight the superior results organizations achieve by deploying the business strategy and other business excellence programs to customers, shareholders and other key stakeholders.

    "Making it to the finals of the Global Six Sigma & Business Improvement Awards is an important recognition of Satyam BPO's quality prowess," said Vijay Rangineni, Chief Operating Officer, Satyam BPO, adding: "Businesses everywhere face increasing pressure to transform their operations and optimize their performance, which makes innovation and continuous process improvement critical."

    Satyam BPO was honored for its creation of an innovative process methodology that demonstrates how Visual Effects can be used to deploy "Design for Six Sigma (DFSS)" projects in animation. Satyam's methodology perfected the On-Time Delivery percentage of projects - from 95% to 100% - and also sharply improved the Right First Time percentage from 73.7% to 99.4%. Doing so meant less re-work, lower cost, faster delivery and improved product for customers.

    The methodology was cited in the category of Best Project Achievement in Innovation or Product Development (including Design for Six Sigma). Nelson James, Vice President, Sales and Relationship Management, Satyam BPO, received a certificate denoting the accomplishment at a ceremony coinciding with WCBF's Global Lean, Six Sigma and Business Improvement Summit at the Orlando, Florida, Sun Resort and Convention Center.

    "Our clients consider a sharp focus on quality to be an increasingly important requirement," said Kishore Rao, Vice President of Quality, Satyam BPO. "Our Six Sigma programs deliver tangible business benefits and help companies address transformational issues in their processes," he said.

    The honor reflects Satyam BPO's commitment to the eSCM capability model, an approach to BPO developed by the IT Services Qualification Center (ITsqc) at Carnegie Mellon University in Pittsburgh, Pennsylvania. Satyam BPO was the world's first BPO organization to have achieved eSCM Level 5 certification.

    About Satyam

    Satyam , a leading global business and information technology services company, delivers consulting, systems integration, and outsourcing solutions to clients in 20* industries and more than 65* countries.

    Satyam leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. The company's 52,865* professionals excel in engineering and product development, supply chain management, client relationship management, business process quality, business intelligence, enterprise integration, and infrastructure management, among other key capabilities.

    Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve 690* clients, including 185* Fortune 500. For more information, see http://www.satyam.com/.

    *As of September 30, 2008 About Satyam BPO

    Satyam BPO is powered by a combination of domain expertise, operational excellence, process skills, and superior technology. The company is the world's first eSCM Capability Level 5 service provider and India's leading integrated end-to-end outsourcing service providers. Satyam BPO offers proven, full-service expertise for multiple industries, including telecom, pharmaceuticals, financial services, and manufacturing. Its global delivery standards have resulted in numerous longstanding client relationships with Fortune 500 companies.

    *As of September 30, 2008 About WCBF

    WCBF is an independent organization providing up-to-date Six Sigma Solutions for senior professionals working in the quality sector. WCBF facilitates interactive environments for best practice from key players in their field and enables international corporations thriving for Six Sigma excellence to benefit from this distinctive pooling of expertise. For more information visit http://www.wcbf.com/

    Satyam Contacts For clarifications, write to us at: MediaRelations@Satyam.com Or contact: India Manjula Manjotra, manjula_manjotra@satyambpo.com +91-998-984-4430 Deepa Jayaraman, deepa.jayaraman@ipan.com +91-981-980-8681 Ajit Henry, ajit.henry@ipan.com +91-982-081-4870 US Melissa Baratta, mbaratta@ricochetpr.com +1-212-679-3300, ext. 118 Europe Sandeep Thawani, Sandeep_Thawani@Satyam.com +44-783-010-3838 Asia-Pacific Dan Bleakman, Dan@howorth.com.au +61-439-408-484 Reshma Wad Jain, Reshma@wer1.net +65-98-140-507 Safe Harbor

    This press release contains forward-looking statements within the meaning of section 27A of Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Satyam undertakes no duty to update any forward-looking statements. For a discussion of the risks associated with our business, please see the discussions under the heading "Risk Factors" in our report on Form 6-K concerning the quarter ended September 30, 2008, furnished to the Securities and Exchange Commission on November 7, 2008, and the other reports filed with the Securities and Exchange Commission from time to time. These filings are available at http://www.sec.gov/.

    Satyam Computer Services, Ltd.

    CONTACT: India, Manjula Manjotra, +91-998-984-4430,
    manjula_manjotra@satyambpo.com, Deepa Jayaraman, +91-981-980-8681,
    deepa.jayaraman@ipan.com, or Ajit Henry, +91-982-081-4870,
    ajit.henry@ipan.com; US, Melissa Baratta, +1-212-679-3300, ext. 118,
    mbaratta@ricochetpr.com; Europe, Sandeep Thawani, +44-783-010-3838,
    Sandeep_Thawani@Satyam.com; Asia-Pacific, Dan Bleakman, +61-439-408-484,
    Dan@howorth.com.au, Reshma Wad Jain, +65-98-140-507, Reshma@wer1.net, all of
    Satyam Computer Services, Ltd.

    Web Site: http://www.satyam.com/




    ARRIS to Present at UBS Global Technology and Services Conference

    SUWANEE, Ga., Nov. 17 /PRNewswire-FirstCall/ -- ARRIS a global telecommunications technology leader, today announced that Company management will present at the UBS Global Technology and Services Conference at the Grand Hyatt New York on Wednesday, November 19, 2008 at approximately 10:30 am EST. Investors may listen to the webcast live by logging on to http://events.streamx.us/us/event/eventdetails.aspx?id=ubs20081118#. In addition to the live webcast, the conference material will be posted on the ARRIS website, http://www.arrisi.com/, under Investor Relations at the time of the conference presentation and for future reference.

    About ARRIS

    ARRIS is a global communications technology company specializing in the design, engineering and supply of technology supporting triple- and quad-play broadband services for residential and business customers around the world. The company supplies broadband operators with the tools and platforms they need to deliver reliable telephony, demand driven video, next-generation advertising and high-speed data services. ARRIS products expand and help grow network capacity with access and outside plant construction equipment, reliably deliver voice, video and data services and assure optimal service delivery for end customers. Headquartered in Suwanee, GA, USA, ARRIS has R&D centers in Atlanta; Chicago; State College, PA; Beaverton, OR; Wallingford, CT; Cork, Ireland; and Shenzhen, China, and operates support and sales offices throughout the world. Information about ARRIS products and services can be found at http://www.arrisi.com/.

    ARRIS

    CONTACT: Jim Bauer, ARRIS Investor Relations, +1-678-473-2647,
    jim.bauer@arrisi.com

    Web site: http://www.arrisi.com/




    CVS.com Named Best Consumer Health Product Internet SiteIndependent Panel Recognizes Newly Launched Web Site

    WOONSOCKET, R.I., Nov. 17 /PRNewswire/ -- CVS.com, the Internet consumer home page for CVS/pharmacy, the retail division of CVS Caremark , was named "Best Overall Internet Site" for 2008 in the consumer healthcare product sales category by the eHealthcare Leadership Awards sponsored by eHealthcare Strategy & Trends magazine.

    In addition, yourhealthconnection.com, a consumer health and information site operated by Consumer Health Interactive, a CVS Caremark subsidiary, shared second place honors for "Best Health Care/Health Content" in the consumer general healthcare category. The eHealthcare Leadership Awards program recognizes the best Web sites across a broad spectrum of healthcare organizations, including providers, health plans and healthcare organizations.

    "We are thrilled the Internet healthcare industry has recognized several of our consumer web sites for providing meaningful healthcare information for our customers," said Helena Foulkes, senior vice president, health services for CVS Caremark. "CVS.com is an extension of our in-store experience and mission for more than 4 million customers who look to CVS/pharmacy for a broad spectrum of personal health and retail needs. This award is a result of our passion to deliver on our mission, which is: to improve the lives of those we serve by making innovative and high-quality health and pharmacy services safe, affordable and easy to access."

    CVS.com, which was re-launched in July 2008, won the coveted platinum award for overall Web design, interactivity, integration, health content, medical care support and ease of navigation. yourhealthconnection.com was honored with a silver award for providing extensive balanced, current and organized consumer healthcare content presented in a customized format for individual consumers. The award-winning health information content in yourhealthconnection.com is identical to the Health Information section of CVS.com, which further demonstrates CVS/pharmacy's commitment to providing innovative solutions in an accessible and affordable way.

    CVS.com and yourhealthconnection.com were chosen by an independent panel of judges among more than 1,100 entries competing in one of 17 areas across 12 different award categories. More information about the award program may be found on the Web at http://www.strategichealthcare.com/awards/.

    About CVS Caremark

    CVS Caremark is the largest provider of prescriptions in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its more than 6,800 CVS/pharmacy and Longs Drugs stores; its Caremark Pharmacy Services division (pharmacy benefit management, mail order and specialty pharmacy); its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations section of the Company's Web site, at cvscaremark.com/investors, as well as through the press room section of the Company's Web site, at cvscaremark.com/newsroom.

    Media Contact: Investor Contact: Erin Pensa Nancy Christal CVS Caremark CVS Caremark Corporate Communications Investor Relations (401) 770-4786 (914) 722-4704 epensa@cvs.com investorinfo@cvs.com

    CVS Caremark

    CONTACT: Media, Erin Pensa, Corporate Communications, +1-401-770-4786,
    epensa@cvs.com, or Nancy Christal, Investor Relations, +1-914-722-4704,
    investorinfo@cvs.com, both of CVS Caremark

    Web Site: http://www.cvs.com/
    http://www.strategichealthcare.com/awards




    YRC Worldwide CEO Calls for Focus on the Future-- YRC Worldwide continues with aggressive plans to benefit customers-- Yellow Transportation and Roadway integration progressing ahead of schedule

    OVERLAND PARK, Kan., Nov. 17 /PRNewswire-FirstCall/ -- Bill Zollars, Chairman, President and CEO of YRC Worldwide Inc. , is calling on the transportation and logistics industry to focus on the future.

    "In this time of unprecedented economic challenges, our industry needs to focus on continually improving our efficiency and effectiveness," Zollars said. "YRC Worldwide is building on more than 80 years of success. We have an opportunity to improve our performance even in today's economy. That's why we're taking long-ranging actions which improve our ability to effectively, reliably and quickly serve our customers' supply chain needs today, and in the future."

    Zollars said the national integration for Yellow Transportation and Roadway is progressing ahead of schedule. The network integration is part of the company's aggressive program to improve operations and solidify its financial position. Other actions include:

    -- Strategic financial and cost moves to solidify profitability -- Strategic global growth -- Continued enhancement of service offerings in the regional network -- Expanded communications to customers, with regular updates provided at yrcw.com

    "With the support from our customers and the collaboration of the Teamsters, our national integration is going even better than we originally anticipated with more than 60 facilities either consolidated or in the process of consolidation. Based on this success, we continue to evaluate our initial timeline and expect that it may be further accelerated," said Zollars.

    One goal of the integration of the Yellow and Roadway networks is to lay the groundwork for expanded service capabilities. The consolidated facilities provide enhanced local pick-up and delivery services for both Roadway and Yellow customers.

    "Integrating our network enables us to provide unparalleled benefits to customers," said Mike Smid, President and CEO of the YRC Worldwide North American Transportation division. "The integrated network builds shipment densities, allowing us to expand service offerings, improve reliability and serve more direct points."

    The network and operational integration reflects the company's philosophy of focusing on the future, while meeting the needs of customers today.

    About YRC Worldwide

    YRC Worldwide Inc., a FORTUNE 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including Yellow Transportation, Roadway, Reimer Express, YRC Logistics, New Penn, Holland, Reddaway and Glen Moore. The enterprise provides global transportation services, transportation management solutions and logistics management. The portfolio of brands represents a comprehensive array of services for the shipment of industrial, commercial and retail goods domestically and internationally. Headquartered in Overland Park, Kan., YRC Worldwide employs approximately 58,000 people.

    YRC Worldwide Inc.

    CONTACT: Suzanne Dawson, YRC Worldwide Inc., +1-212-329-1420,
    sdawson@lakpr.com

    Web site: http://www.yrcw.com/




    Vikram Saksena to Step Down as CTO at Sonus Networks

    WESTFORD, Mass., Nov. 17 /PRNewswire-FirstCall/ -- Sonus Networks, Inc. , a market leader in IP communication infrastructure, announced today that after five years, Vikram Saksena, chief technology officer, will be leaving the company at the beginning of December, 2008.

    "Vikram has been a thought leader in the industry and I am pleased to have had the opportunity to work with him at Sonus," commented Richard Nottenburg, president and CEO of Sonus Networks. "Vikram's vision has helped Sonus become a market leader today and it is a position that the Sonus team will only strengthen moving forward."

    "Sonus continues to have a great opportunity in leading the industry in the deployment of next generation IP networks," added Vikram Saksena, CTO of Sonus Networks. "I have enjoyed working with a great team over the last five years and wish everyone at Sonus a successful future."

    Saksena's current responsibilities will be distributed between the Sonus Executive team members.

    About Sonus Networks

    Sonus Networks, Inc. is a market leader in IP communications infrastructure for wireline and wireless service providers. With its comprehensive IP Multimedia Subsystem (IMS) solution, Sonus addresses the full range of carrier applications, including residential and business voice services, wireless voice and multimedia, trunking and tandem switching, carrier interconnection and enhanced services. Sonus' voice infrastructure solutions are deployed in service provider networks worldwide. Founded in 1997, Sonus is headquartered in Westford, Massachusetts. Additional information on Sonus is available at http://www.sonusnet.com/.

    Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

    For more information, please contact: Sonus Investor Relations: Sonus Media Relations: Karin Cellupica Lucy Millington 978-614-8615 978-614-8240 kcellupica@sonusnet.com lmillington@sonusnet.com

    Sonus Networks, Inc.

    CONTACT: Investor Relations: Karin Cellupica, +1-978-614-8615,
    kcellupica@sonusnet.com, or Media Relations: Lucy Millington,
    +1-978-614-8240, lmillington@sonusnet.com

    Web Site: http://www.sonusnet.com/




    Dr. Vikram Saksena Named Tellabs Chief Technology Officer

    NAPERVILLE, Ill., Nov. 17 /PRNewswire-FirstCall/ -- Tellabs named Dr. Vikram Saksena executive vice president and chief technology officer, effective Dec. 8. Dr. Saksena has more than 25 years of telecom industry experience, both at equipment companies and service providers.

    At Tellabs, Dr. Saksena will be responsible for technology strategy and business development. He will focus on strategic technology initiatives for Tellabs' focus areas of optical networking, Carrier Ethernet and IP, and mobile backhaul.

    Dr. Saksena will report to Rob Pullen, Tellabs chief executive officer and president.

    "Vikram possesses deep knowledge of the telecommunications industry and extensive experience guiding technology strategy in next-generation IP architectures," said Pullen. "He is the right person to guide Tellabs' strategy as we focus our efforts on innovative solutions to help our customers succeed."

    "Tellabs has a well-established reputation as a leading vendor in the telecommunications industry," said Dr. Saksena. "I am delighted to join the Tellabs team and help define the company's long-term product strategy that will position the company for a strong future."

    Dr. Saksena recently served at Sonus Networks as chief technology officer and chief scientist. He has held a series of engineering positions, including positions at Cisco and AT&T. He is an AT&T Fellow and a finalist at the 2008 CTO of the Year Award given by the Massachusetts Technology Leadership Council.

    Dr. Saksena holds a B.S. in electrical engineering from the Indian Institute of Technology and an M.S. and Ph.D. in electrical engineering from the University of Illinois. He has published extensively and holds more than 15 patents in telecommunications and data networking.

    About Tellabs -- Tellabs advances telecommunications networks to meet the evolving needs of users. Solutions from Tellabs enable service providers to deliver high-quality voice, video and data services over wireline and wireless networks around the world. Tellabs is part of the NASDAQ Global Select Market, Ocean Tomo 300(TM) Patent Index, the S&P 500 and several corporate responsibility indexes including FTSE4Good and eight KLD indexes. http://www.tellabs.com/

    Tellabs(R) and Tellabs logo(R) are trademarks of Tellabs or its affiliates in the United States and/or other countries. Any other company or product names mentioned herein may be trademarks of their respective companies.

    Tellabs

    CONTACT: Media, Ariana Nikitas, +1-630-798-2532,
    ariana.nikitas@tellabs.com, or Investors, Tom Scottino, +1-630-798-3602,
    tom.scottino@tellabs.com, both of Tellabs

    Web site: http://www.tellabs.com/




    Intuit and Copanion Join Forces to Increase Productivity and Simplify Workflow for Tax ProfessionalsIntuit Document eSort powered by Copanion automatically identifies and organizes scanned tax documents with best-in-class accuracy

    ANDOVER, Mass., Nov. 17 /PRNewswire/ -- Copanion, an innovator in tax document automation, today announced an alliance with Intuit Inc. to develop a scanning solution that will dramatically increase the productivity of tax professionals by helping to simplify their workflow. Intuit announced today its new Intuit Document eSort, powered by Copanion's award-winning tax document recognition technology, as a result of the alliance.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20080616/NEM009LOGO )

    Intuit Document eSort powered by Copanion is designed to expedite the time-consuming processes of scanning, identifying, and organizing client tax documents. It offers seamless integration with Lacerte, Lacerte DMS, ProSeries, and ProSeries DMS software. The solution will dramatically increase the productivity of tax professionals by helping to simplify their workflow.

    "Intuit has always been laser-focused on providing products and services to solve customer problems," said Jill Ward, senior vice president and general manager, Accounting Professionals Division, Intuit. "With Document eSort, we're increasing end-to-end productivity across accounting professionals' most critical tasks. Our efforts with Copanion have enabled us to provide users with a new solution that offers best-in-class tax document automation capabilities."

    The two companies have worked together to make tax professionals more productive through increased accuracy and speed in identifying and organizing thousands of client tax documents that a practitioner handles every year. Intuit Document eSort delivers on that vision by tightly integrating Copanion technology in the tax workflow so preparers can quickly find and review source documents as they prepare returns.

    "Copanion is committed to developing technology that enhances productivity and delivers real business improvement. By automating the tedious process of recognizing and organizing tax documents, we will give back valuable time during the pressures of tax season," said Steven Ladd, CEO of Copanion. "By leveraging our technical innovation with Intuit's customer focus, we are confident that we will solve one of the significant challenges facing tax practitioners."

    About Intuit Inc.

    Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks(R), Quicken(R) and TurboTax(R) software, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries(R) and Lacerte(R) are Intuit's leading tax preparation software suites for professional accountants. The company's financial institutions division, anchored by Digital Insight, provides on-demand banking services to help banks and credit unions serve businesses and consumers with innovative solutions.

    Founded in 1983, Intuit had annual revenue of $3.1 billion in its fiscal year 2008. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom and other locations. More information can be found at ww.intuit.com.

    Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

    About Copanion

    Copanion is a leading innovator in tax document automation. The company saves tax professionals hundreds of hours during tax season with accurate and secure web-based applications for automating client tax document organization, data entry and review. Copanion is a privately held company with financing from Commonwealth Capital Ventures and Pilot House Ventures.

    For more information about Copanion, Inc., visit the company's website at http://www.copanion.com/.

    The Copanion and GruntWorx names and logos are trademarks or registered trademarks of Copanion in the United States and in other countries. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.

    Photo: http://www.newscom.com/cgi-bin/prnh/20080616/NEM009LOGO
    http://photoarchive.ap.org/
    photodesk@prnewswire.com Copanion

    CONTACT: Rich Walker of Intuit, Inc., +1-650-944-2831,
    rich_walker@intuit.com; or Danielle Lee of Copanion, Inc., +1-978-296-9517,
    dlee@copanion.com

    Web Site: http://www.copanion.com/
    http://www.intuit.com/




    /C O R R E C T I O N -- TSMC, Ltd./In the news release, TSMC Ramps 40nm Volume Production to Promote Innovation as Foundries Assume a Larger Role for $300 Billion Industry, issued earlier today by TSMC, Ltd. over PR Newswire, we are advised by a representative of the company of a new quote, which has been inserted as the fifth paragraph. Complete, corrected release follows:TSMC Ramps 40nm Volume Production to Promote Innovation as Foundries Assume a Larger Role for $300 Billion IndustryMost advanced cellular, wireless, and consumer electronic innovations targeted for Foundry's first 40 nanometer (nm) logic process

    HSIN-CHU, Taiwan, Nov. 17 /PRNewswire-FirstCall/ -- TSMC, Ltd. today announced volume production of the first semiconductor foundry 40nm logic manufacturing process with the successful ramp of its 40 nanometer (nm) General Purpose (G) and Low Power (LP) versions. Nanometers measure the width of metal lines in semiconductors. Forty nanometers is less than one-thousandth the width of a human hair.

    The 40nm process is one of the semiconductor industry's most advanced available for production manufacturing process and is expected to play a key role in the development of next generation products in global consumer electronics, mobile, and computer end markets.

    "For decades, IDMs set the pace for innovation in process technology and services," said Kay-Yang Tan, Gartner Dataquest principal research analyst, said. "They will continue to play a significant role in fostering new products, but dedicated foundries, such as TSMC, have become key contributors to next generation products that will drive the eventual resurgence of the worldwide semiconductor industry."

    According to Gartner, foundry contribution of chips sold to the global semiconductor market has over the past decade increased from 9.2% in 1998 to 25.3% in 2008.

    "We view 40nm as an important process node for the cost-effective development of graphics chips and other devices, especially in 2009. This is another example of a long and successful history of AMD and TSMC ramping leading edge processes," said Rick Bergman, Senior Vice-President & General Manager, AMD Graphics Products Group.

    "Today designers are faced with the challenge of increasing the functionality of their product while not increasing power consumption. By rolling out the industry's most advanced programmable logic devices at 40-nm, we are enabling designers to quickly achieve new levels of integration and innovation, while staying within their power budgets," said Bill Hata, Altera senior vice president of Worldwide Operations and Engineering.

    TSMC's 40nm G and the 40nm low power (LP) manufacturing processes timetables were formally announced in March this year. The 40G process targets performance-driven applications including computer processor chips, GPU (graphic processing units), game consoles, networking applications, field programmable gate arrays (FPGA), hard disc drive, and other devices. The 40LP process targets low-power applications including cellular baseband, application processors, portable consumer and wireless connectivity devices.

    "High-performance GPUs are only continuing to grow in importance for a variety of industries," said Debora Shoquist, NVIDIA senior vice president of Operations. "The advantages that TSMC's 40nm G process provides to designing a GPU will allow us to continue pushing the limits of what's currently possible."

    TSMC's 40nmG and 40nm LP processes both passed process qualification, reaching "first wafers out" status as planned and completed product qualification in October when first customer wafers entered production. As with every TSMC process node, the 40G and 40LP processes offer a full range of mixed-signal and RF options, along with embedded memory to support a broad range of analogy/RF-intensive and memory-rich applications.

    "While timed to respond to the technical requirements of our broad customer base, the two processes are clearly the right manufacturing processes at the right time and can help stimulate the semiconductor industry to produce the next wave of new products," said Jason Chen, TSMC vice president, Worldwide Sales and Marketing.

    About TSMC

    TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry's largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2008 is to exceed nine million (8-inch equivalent) wafers, including capacity from two advanced 12-inch - GIGAFABs (TM), four eight-inch fabs, one six-inch fab, as well as TSMC's wholly owned subsidiaries, WaferTech and TSMC (Shanghai), and its joint venture fab, SSMC. TSMC is the first foundry to provide 40nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please see http://www.tsmc.com/.

    TSMC, Ltd.

    Web site: http://www.tsmc.com/




    AMICAS Unveils Next Generation PACS at RSNA 2008AMICAS PACS Version 6.0 introduces industry leading workflow capabilities and unrivaled image interpretation tools

    BOSTON, Nov. 17 /PRNewswire-FirstCall/ -- AMICAS, Inc. , a leader in radiology and medical image and information management solutions, today announced that AMICAS PACS(TM) Version 6.0 will be prominently displayed at the 2008 Radiological Society of North America (RSNA) annual meeting from November 30 to December 5, 2008, in Chicago, IL. AMICAS will be in booth #7128.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20060202/AMICASLOGO )

    AMICAS PACS Version 6.0 introduces intrinsic 3D, sophisticated mammography workflow, advanced personalization and hanging protocols, and patient-centric reading to the radiology marketplace.

    Version 6.0 introduces the next generation of AMICAS PACS, which combines the intuitive, easy-to-use, Web-based design of previous versions of AMICAS PACS with major enhancements to the image viewing toolset. Complementing the industry leading RealTime Worklist(TM), Version 6.0 introduces the Halo Viewer(TM), which includes advances in functionality aimed at increasing radiologist productivity and designed to help improve the quality of reading.

    Together, the RealTime Worklist and Halo Viewer provide anywhere access to imaging exams, which improves AMICAS' ability to support a centralized or distributed reading model with an advanced toolset.

    With Version 6.0's intrinsic 3D and mammography workflow tools, radiologists can interpret a wide variety of exam types -- all within a single viewer. These new tools will lead to increased efficiency by allowing radiologists to interpret an increasing percentage of their interpretation workload within their normal workflow, without requiring specialty workstations.

    "AMICAS PACS gives me the ability to read all of my exams from one workstation," said Randy Hicks MD, radiologist and owner of Regional Medical Imaging of Flint, MI. "AMICAS has developed a single workstation that has all the mammography workflow, 3D tools, and patient information that I need, which reduces the number of places I have to go to read a case to one."

    Version 6.0 also introduces a new paradigm in "patient-centric reading" that is designed to help radiologists provide higher quality interpretations. The new Patient Record includes a complete view of the patient's current exams, relevant priors, and other prior exams along with valuable clinical information such as orders, reports, and technologist comments.

    According to Andrew Lawson MD, radiologist at Waterbury Hospital in Waterbury, CT, "In the past year, I have used five or six PACS systems in depth. AMICAS PACS has taken the best concepts from the industry and provides them in a single integrated viewing platform. More than any other PACS I have used, AMICAS PACS improves my efficiency."

    "The intrinsic 3D capabilities embedded in the Halo Viewer provide a consistent user experience -- there is no separate toolset or user interface to learn," said Rodney Hawkins, vice president of product management at AMICAS. "Combining these tools with the unique ability to automatically apply

    3D to a study through hanging protocols will help radiologists handle very large data sets quickly and efficiently."

    With Version 6.0's advanced personalization and hanging protocols, radiologists can customize their PACS experience so that both their toolset and the presentation of images match their personal preferences.

    AMICAS PACS Version 6.0 is fully integrated with existing AMICAS solutions, including AMICAS RadStream(TM), which provides integrated critical results management, and AMICAS Reach(TM), which provides enhanced referring physician satisfaction.

    Version 6.0 has received FDA clearance and is in beta testing at multiple AMICAS customer sites. AMICAS anticipates that AMICAS PACS Version 6.0 will be generally available in early 2009.

    AMICAS, AMICAS PACS, AMICAS RIS, AMICAS Financials, AMICAS Documents, AMICAS Dashboards, AMICAS Watch, AMICAS Reach, AMICAS RadStream, RealTime Worklist, Halo Viewer, and Cashfinder Worklist are trademarks, service marks or registered trademarks and service marks of AMICAS, Inc. All other trademarks and company names mentioned are the property of their respective owners.

    About AMICAS, Inc.

    AMICAS, Inc. (http://www.amicas.com/) is a leader in radiology and medical image and information management solutions. The AMICAS One Suite(TM) of products provides a complete, end-to-end solution for imaging centers, ambulatory care facilities, and radiology practices. Acute care and hospital clients are provided with a fully integrated, hospital information system-independent PACS that features advanced enterprise workflow support and scalable design. Complementing the AMICAS solution suite is AMICAS Professional Services(TM), a set of client-centered professional and consulting services that assist our customers with a well-planned transition to a digital enterprise.

    CONTACT: Aine Cryts, Marketing Communications Manager 617.779.7802 acryts@amicas.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20060202/AMICASLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com AMICAS, Inc.

    CONTACT: Aine Cryts, Marketing Communications Manager of AMICAS, Inc.,
    +1-617-779-7802, acryts@amicas.com

    Web site: http://www.amicas.com/




    Alcatel-Lucent to Showcase Advanced ITS Solutions at the 2008 ITS World Congress

    PARIS, Nov. 17 /PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced it will highlight one of the industry's most comprehensive portfolios of Intelligent Transport Services (ITS) and solutions in Booth #1073 at the 2008 ITS World Congress, Nov. 16-20 at the Jacob Javits Center in New York.

    As a leading network integrator and solutions provider for the transportation industry, Alcatel-Lucent will showcase the latest innovations in video surveillance, intelligent highway solutions, next-generation multi-service transport networks and converged network solutions supporting mission-critical applications such as LMR/TETRA, SCADA, and emergency and information systems.

    "Alcatel-Lucent is dedicated to delivering the critical communications and network solutions that are required by our modern transportation systems. Transportation infrastructure is becoming ever more sophisticated as local and federal governments look for ways to integrate technology in to existing highways as well as in the build out of new roads. They require distributed control systems to enable new applications such as video solutions for advanced traffic monitoring and real-time services for travelers. Alcatel-Lucent has a proven global track record for delivering solutions and the long-term project management required for some of the world's most demanding and advanced ITS deployments," said Michael Fabian, President, Alcatel-Lucent Industry and Public Sector.

    Alcatel-Lucent Presentations at ITS World Congress

    Alcatel-Lucent executive Alain Bertout will co-present with Stephan Cayet, PSA Peugeot Citroen on "Real-World Emergency Call Handling Services: Saving Lives and Reducing Costs" on Wednesday, Nov. 19 from 1:30-3:00pm ET in the Special Events Hall, Room #1E11.

    Additionally, James Lou, ITS Business Development executive from Alcatel-Lucent, will present on network design for converged Ethernet-based advanced traffic management systems. His session is titled "Network Design of a Converged Ethernet-Based ATMS Using a Modular Hierarchical Approach" and also takes place on Nov. 19 from 1:30-3:00pm ET in Room #1D05 at the Jacob Javits Center.

    Alcatel-Lucent Exhibit at ITS World Congress Intelligent Highways/Video Surveillance

    Alcatel-Lucent will highlight its UK Highways Agency National Roadside Telecommunications Service (NRTS) project at the show, as well as:

    -- Video demonstration with live and recorded video streams -- Overview of video analytics specifically aimed at the transportation market with a description of the benefits for each type such as improved safety and revenue generation -- Demonstration of the latest Automatic Number Plate Recognition (ANPR)\Traffic flow analytics and the Alcatel-Lucent Telindus solution

    Next-Generation Multi-Service Transport Networks for Mission-Critical Operations

    Alcatel-Lucent will demonstrate its latest Packet Optical Transport Systems and Microwave solutions including the 1850 Transport Service Switch, the 1830 Photonic Service Switch and the 9500 Microwave Packet Radio, which deliver carrier-grade reliability and scalability to service applications for mission-critical operations and communications such as Tetra, SCADA, GSM-R, CCTV, AMOS, and VoIP. These solutions were developed to help the transportation industry meet the following challenges:

    -- Ensure seamless network reliability (>99.999%), -- Increase networking efficiency -- Enhance passenger safety and security -- Support new IP and Ethernet based services and applications -- Reduce power consumption and required floor space

    More information about Alcatel-Lucent's Packet Optical Transport Systems will be presented on Wednesday, Nov. 19 from 2:00-4:00 PM EST in room 2D07.

    Mission Critical IP/MPLS Networking

    Alcatel-Lucent will demonstrate how to build a single, converged network capable of maintaining resiliency and quality of service while integrating legacy technologies and enabling the introduction of new applications such as IP CCTV and Ethernet-based devices. The company's offering delivers tremendous capacity and speed.

    Alcatel-Lucent's advanced converged networks support a large number of different applications including:

    -- Mission Critical Control applications - ITS, signaling, SCADA and monitoring -- Security applications - CCTV, access control, and emergency systems -- Communications applications - LMR, telephony, wireless, and corporate LAN -- Information systems - ticketing, information display, and signage RFS Wireless Indoor Solutions

    The company will also demonstrate its radio frequency (RF) indoor coverage solutions for both mission critical wireless communications as well as commercial radio applications in the transportation sector including:

    -- ClearFill, an innovative suite of end-to-end wireless indoor solutions (WINS), offering unrivalled flexibility and cost-effectiveness, whether the application is a metro, rail or road tunnel, an airport, convention center or large in-building complex -- State-of-the-art RF distribution systems, from single-band single-operator applications to complex, multi-band multi-operator shared systems, ensuring that our solution is future proof, cost-optimized and technically optimized to meet the specific needs for quality of seamless wireless services indoors the-Showroom, the Network Integrator Showcase

    For ITS World Congress, Alcatel-Lucent will highlight key transportation and public sector customer references through the-showroom, a dedicated micro-site offering a portfolio of customer references representing Alcatel-Lucent's industry-leading capabilities in executing large, complex projects.

    -- See how Alcatel-Lucent supported the world's largest railway project in Sweden. -- Hear how Alcatel-lucent helped England's Highway Agency improve operational efficiency, vehicle traffic flow while enhancing safety and security. -- Listen to how Alcatel-Lucent executed a large, complex communication and security project for a demanding French railway operator. For more information, please visit http://www.alcatel-lucent-theshowroom.com/ About Alcatel-Lucent

    Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted partner of service providers, enterprises and governments worldwide, providing solutions that deliver voice, data and video communication services to end-users. A leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent leverages the unrivalled technical and scientific expertise of Bell Labs, one of the largest innovation powerhouses in the communications industry. With operations in more than 130 countries and the most experienced global services organization in the industry, Alcatel-Lucent is a local partner with a global reach. Alcatel-Lucent achieved revenues of Euro 17.8 billion in 2007 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com/

    Alcatel-Lucent

    CONTACT: Media, Regine Coqueran, +33(0)1-40-76-49-24,
    regine.coqueran@alcatel-lucent.com, or Alix Cavallari, +33(0)1-40-76-16-58,
    alix.cavallari@alcatel-lucent.com, or Investors, Remi Thomas,
    +33(0)1-40-76-50-61, remi.thomas@alcatel-lucent.com, or Tom Bevilacqua,
    +1-908-582-7998, bevilacqua@alcatel-lucent.com, or Tony Lucido,
    +33(0)1-40-76-49-80, alucido@alcatel-lucent.com, or Don Sweeney,
    +1-908-582-6153, dsweeney@alcatel-lucent.com, all of Alcatel-Lucent

    Web Site: http://www.alcatel-lucent.com/




    Presto Services Inc. Creates PrestoConnect Website and Adds New Features to Presto Mail ServiceNew Enhancements Simplify Communication with Loved Ones Who Don't Use Email

    MOUNTAIN VIEW, Calif., Nov. 17 /PRNewswire/ -- Presto Services Inc. (http://www.presto.com/about-us.aspx) announces the launch of the PrestoConnect(TM) website with major feature enhancements as a free upgrade to its Presto Mail service. The Presto solution, which debuted in November 2006, allows individuals who don't use a computer or the Internet to receive email, digital photos or PDF documents that are automatically printed on the Presto Printing Mailbox, developed in partnership with HP .

    While the Internet has enabled great strides in communicating with family and friends, more than half of Americans over the age of 65 do not use the Internet(1). Staying connected with loved ones becomes much easier with Presto and the new PrestoConnect website, a central place online for Presto account managers that simplifies creating, scheduling and monitoring communications to Presto Printing Mailbox users.

    "The PrestoConnect website allows Presto account managers to more easily manage communications with, and help care for, family members who have not adopted today's digital tools like email and the Internet, " said Peter Radsliff, president and CEO of Presto Services Inc. "Now with PrestoConnect, people who live far away from their technology-shy family members can still play an active role in helping manage the schedules, medications, financial information and other tasks involved with caring for an older loved one."

    The PrestoConnect website adds the following capabilities for all Presto Mail service subscribers:

    1. Pre-scheduled message delivery -- create messages for delivery at a later date and time 2. Activity reporting -- monitor email quantity and senders (email contents remain private) 3. Delivery confirmation -- confirm that messages were delivered as scheduled 4. Presto webmail -- send mail via PrestoConnect from any computer, or your email program 5. Event reminders -- schedule printed reminders to be delivered at a specific date and time 6. To-do lists -- create lists of tasks (e.g. taking medication, household chores) 7. Recurring deliveries -- schedule multiple reminders or email deliveries at one time 8. Nudge -- gently prompt family members to send more communication 9. Presto template preview -- choose from more than 30 pre-formatted, colorful designs 10. Health and wellness articles -- receive weekly news and information from Caring.com

    According to a recent AARP survey, the vast majority of aging adults would prefer to receive help, if necessary, to age in their own home. PrestoConnect provides the kind of practical communication tools that can help enable older Americans to remain independent.

    Presto is available at J&R Music and Computer World in NYC, at Fred Meyer stores in the northwest, and online at: Amazon.com, ActiveForever.com, BestBuy.com, Buy.com, Drugstore.com, GoldViolin.com, Presto.com, Sears.com, SeventhAvenue.com, Solutions.com, Staples.com, Walgreens.com and Walmart.com. For more information, see http://www.presto.com/.

    (1) Source: Pew Internet and American Life Study 2008 About Presto Services Inc.

    Presto was founded in 2004 to help families and friends stay better connected by making it easier for them to share digital content. Led by a world-class team of consumer product and technology veterans, Presto Services Inc. is redefining digital delivery through a unique service that automatically prints the digital content people want to enjoy, without the need for a computer or Internet connection. Presto's first consumer solution launched in November 2006: the Presto Printing Mailbox coupled with Presto Service, which delivers email, photos, PDF documents and ad-free subscription content. Presto's publishing partners include Meredith Corporation and Tribune Media Services.

    In the future, Presto plans to deliver additional consumer and business solutions using the technology platform the company is developing. Presto Services Inc. is based in Mountain View, California and has received venture funding from Clearstone Venture Partners, Kleiner Perkins Caufield & Byers and Vanguard Ventures.

    (C) 2008 Presto Services, Inc. "Presto", "Presto Services, Inc.", "You're Connected", "Printing Mailbox" and the Presto stylized logos, are service marks or registered service marks of Presto Services Inc. in the United States and other countries. U.S. and International Patents Pending. "HP" is a registered trademark of Hewlett-Packard Development Company, L.P.

    Presto Services Inc.

    CONTACT: Leah Davis of MS&L, +1-916-983-6965,
    leah.davis@mslworldwide.com

    Web site: http://www.presto.com/




    Comcast to Roll Out Extreme 50 Mbps High-Speed Internet Service in Washington in DecemberComcast Will Introduce Two New, Faster Speed Tier Options and Will Double Speeds for Most Existing Customers For No Additional Cost

    LYNNWOOD, Wash., Nov. 17 /PRNewswire-FirstCall/ -- Comcast, the nation's leading provider of entertainment, information and communications products and services, today announced it is making the leap from broadband to wideband with the launch of next-generation DOCSIS 3.0 in Washington. With wideband, Comcast will introduce a new echelon of Internet speed tiers, which will redefine the customer experience online and create a platform for Internet innovation in the years ahead.

    In December, Comcast's new services will be available to residential homes and businesses throughout the communities that Comcast serves. From Bellingham to Aberdeen to Bremerton and Spokane and all points in between, customers will be surfing the web even faster.

    With wideband, Comcast will offer among the fastest speeds available today, including the Extreme 50 tier with download speeds of up to 50 Mbps. Wideband will also enable Comcast to double speeds for the majority of existing high-speed Internet customers at no additional cost.

    "Wideband utilizes our fiber optic network that is already in the ground in neighborhoods across our footprint. With this next generation of service, our customers' online experience is dramatically enhanced. Best of all, these faster Internet speeds are available to all of our customers throughout the state, no matter where they live," said Len Rozek, Senior Vice President of Comcast's Washington market. "And this is just the beginning. Wideband, combined with our fiber optic network, gives us the capability of meeting the needs of our customers for many years to come by offering even faster speeds in the future."

    As part of the wideband deployment, Comcast will launch two new premium speed tiers to its residential and business class customers. Both new services are ideal for households or businesses simultaneously using several computers or Internet-connected devices. They also will appeal to those who simply want some of the fastest speeds available today:

    New Residential Tiers

    -- Extreme 50, offering up to 50 Mbps of downstream speed and up to 10 Mbps of upstream speed at $139.95/month.*

    -- Ultra, offering up to 22 Mbps of downstream speed and up to 5 Mbps of upstream speed at $62.95/month.*

    With Extreme 50, Comcast customers will be able to download a high-def movie (6 GB) in about 16 minutes, a standard-def movie (2 GB) in about 5 minutes and a standard-def TV show (300 MB) in a matter of seconds. Customers with Extreme 50 also will be able to download digital photos, songs and games faster than ever.

    In addition to the new speed tiers, Comcast also is increasing speeds for most of its existing customers.

    -- Performance tier customers will benefit from doubled downstream and upstream speeds, offering up to 12 Mbps and 2 Mbps, respectively.

    -- Performance Plus customers will be upgraded to Comcast's Blast! tier, which will double their download speeds to up to 16 Mbps and provide up to 2 Mbps of upload speed.

    Plus, with PowerBoost(R) technology, customers are able to enjoy even faster speeds to download and upload files such as videos, games, music and photos.

    New Business Class Tiers

    Business customers will benefit from wideband with increased efficiency and productivity. Customers can sign up for the Deluxe 50 Mbps / 10 Mbps tier for $189.95/month, which includes a full suite of features and support. As part of their service, Comcast Business Class customers receive Microsoft Communications Services, providing corporate-class e-mail, calendaring and document sharing, as well as additional benefits such as firewall protection, static IP addresses, multiple e-mail addresses and business class 24/7 customer support. Existing business class customers also will receive complimentary speed increases-speeds on the Starter tier will be doubled to up to 12 Mbps / 2 Mbps and a new Premium Tier also will be introduced, offering speeds up to 22 Mbps / 5 Mbps for only $99.95/month.

    For information on how to order the new speed tiers, Washington Comcast customers can call 1-800-COMCAST.

    * Pricing for residential customers and requires subscription to Comcast Cable service. About Comcast Corporation

    Comcast Corporation (http://www.comcast.com/) is the nation's leading provider of entertainment, information and communication products and services. With 24.4 million cable customers, 14.7 million high-speed Internet customers, and 6.1 million Comcast Digital Voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.

    Comcast's content networks and investments include E! Entertainment Television, Style Network, Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, ten Comcast SportsNet networks and Comcast Interactive Media, which develops and operates Comcast's Internet businesses, including Comcast.net (http://www.comcast.net/). Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.

    Media Contacts: Steve Kipp (425) 741.5757 steve_kipp@cable.comcast.com

    Comcast

    CONTACT: Steve Kipp of Comcast, +1-425-741-5757,
    steve_kipp@cable.comcast.com

    Web site: http://www.comcast.com/
    http://www.comcast.net/




    PR Newswire Acquires Full Rights to Xinhua PR Newswire and Additional Xinhua Finance Businesses in Hong Kong, Singapore and TaiwanXPRN to re-brand as PR Newswire China; operations in Hong Kong, Singapore and Taiwan to re-brand as PR Newswire Asia - all will integrate with global operations of PR Newswire

    BEIJING, Nov. 17 /PRNewswire/ -- PR Newswire today announced a definitive agreement with Xinhua Finance ("XFL", TSE Mothers: 9399 and OTC: XHFNY), under which PR Newswire has acquired Xinhua PR Newswire (XPRN), the first and largest corporate announcement distribution service in China, as well as Xinhua Finance's corporate announcement businesses in Hong Kong, Singapore and Taiwan.

    (Photo: http://www.newscom.com/cgi-bin/prnh/20081117/NY46670-a ) (Photo: http://www.newscom.com/cgi-bin/prnh/20081117/NY46670-b ) (Logo: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO )

    To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/prnewswire/36101/

    XPRN was established as a marketing alliance between Xinhua Finance and PR Newswire to bring global best practices of corporate announcement distribution and corporate transparency to China. Under the terms of the original joint marketing agreement, Xinhua Finance was responsible for managing the day-to-day operations of XPRN, while PR Newswire provided the distribution platform, marketing and strategic direction.

    The acquisition of XPRN transitions all management and operation of the corporate sponsored announcement distribution service to PR Newswire, including all employees and associated customer relationships, customers and other contracts, office space, and operational processing. All executive and senior management, including John Williams, managing director, and Yujie Chen, director, XPRN - PRC, will remain in their current positions. In conjunction with the acquisition, XPRN will be re-branded as PR Newswire China. PR Newswire will also acquire Xinhua Finance's corporate announcement business in Hong Kong, Singapore and Taiwan. This business will be re-branded as PR Newswire Asia. The businesses' executives and senior management will remain in their current positions. In total, the combined operations employ around 50 people.

    "Success in China requires a mix of determination, commitment and continued flexibility in adapting to local needs and expectations. PR Newswire China's knowledge of the China business and media communities will enable it to continue to employ such strategies in order to meet the market's increasing maturity and demands," said Williams, who established the business in Beijing in 2002 and quickly expanded across China.

    "The strategy behind XPRN was simple and extremely effective -- unite Xinhua Finance's position as premier financial information service with PR Newswire's expertise and reputation as the global leader in corporate announcement distribution," said Charles Gregson, chief executive officer of PR Newswire. "In less than six years since its launch, XPRN, now PR Newswire China, has grown to become an essential messaging conduit in China, allowing companies, both public and private, to openly communicate their messages to investors and media in China and around the world. Today's acquisition offers a significant step forward for PR Newswire China and the companies it serves. Merging with PR Newswire's global operations will allow us to create opportunities to introduce new communications tools to China's business community, including broadcast and video services, ProfNet, media monitoring and EDGAR filing, while enhancing the marketing, customer service, and operational efficiencies of the entire business unit."

    As China's largest corporate announcement distribution service, PR Newswire China provides a gateway for companies to communicate with a network of more than 9,000 journalists representing some 3,000 agencies in China. Further, utilizing PR Newswire's global distribution network, PR Newswire China also enables companies to connect with tens of thousands of media points in 170 countries in 40 languages, as well as to over one million investors worldwide.

    For China-based companies already listed or planning to list on stock exchanges in the United States or elsewhere, PR Newswire China assists companies to ensure full compliance with mandatory disclosure requirements by delivering every announcement to the "disclosure" media designated by NYSE, AMEX, NASDAQ and LSE. As of today, PR Newswire China has captured more than 95 percent of the ADR market in China.

    "PR Newswire China's ability to deliver corporate announcements directly to media, individual and institutional investors, and the general public in China offers companies around the world the ability to establish and reinforce their brands with an audience that is increasingly hungry for Western messaging," remarked Yujie Chen, director of PR Newswire China. "An important reason for our success over the past six years has been our ability to build direct, one-on-one relationships with thousands of media outlets throughout China. These media relations efforts have been crucial to broadening and deepening the reach of PR Newswire China as a trusted source of corporate announcements. We look forward to working with PR Newswire's global media relations division to further this success and extend PR Newswire China's reputation as an essential source of corporate messages in China."

    About PR Newswire China (formerly Xinhua PR Newswire)

    PR Newswire China assists companies and organizations in delivering their announcements to the media, individual and institutional investors, and the general public worldwide, with clipping, monitoring, measurement and media intelligence services. Utilizing PR Newswire's global distribution network, Xinhua PR Newswire can send clients' announcements to 170 countries in 40 languages. Visit http://www.xprn.com/ for further information.

    About Xinhua Finance Limited

    Xinhua Finance Limited ("XFL") is a premier financial information provider and is listed on the Mothers Board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Xinhua Finance's proprietary content platform, comprising Indices, Ratings, Financial News, and Investor Relations, serves financial institutions, corporations and re-distributors worldwide. For more information, please visit http://www.xinhuafinance.com/.

    About PR Newswire

    PR Newswire Association LLC (http://www.prnewswire.com/) provides electronic distribution, targeting, measurement and broadcast services on behalf of tens of thousands of corporate, government, association, labor, non-profit, and other customers worldwide. Using PR Newswire, these organizations reach a variety of critical audiences including the news media, the investment community, government decision-makers, and the general public with their up-to-the-minute, full-text news developments.

    Established in 1954, PR Newswire has offices in 14 countries and routinely sends its customers' announcements to outlets in more than 170 countries and in more than 40 languages. Utilizing the latest in communications technology, PR Newswire content is considered a mainstay among news reporters, investors and individuals who seek breaking announcements from the source. PR Newswire's leading services include ProfNet(SM), eWatch(TM), MEDIAtlas(TM), Search Engine Optimization, MediaRoom, MediaSense(TM), MultiVu(TM), U.S. Newswire, the preeminent policy newswire in the industry, Vintage Filings, the fastest growing Edgar filing company, and Hispanic PR Wire, LatinClips and Hispanic Digital Network, the foremost Hispanic communications services. PR Newswire is a subsidiary of United Business Media Limited, a leading global business media company that serves professional commercial communities around the world. For more information, go to http://www.unitedbusinessmedia.com/.

    About United Business Media Limited (http://www.unitedbusinessmedia.com/)

    United Business Media Limited (UBM) is a global media and marketing services company that informs markets and brings the world's buyers and sellers together at events, online, in print, and with the information they need to do business successfully. UBM serves professional and commercial communities, from IT professionals to doctors, from journalists to jewelry dealers, from farmers to pharmacists around the world. UBM employs more than 6,500 people in more than 30 countries. UBM's businesses operating in the US include CMPMedica, Commonwealth Business Media, Everything Channel, PR Newswire, RISI, TechInsights, TechWeb and Think Services. UBM is listed on the London Stock Exchange (UBM.L) and has a market capitalization of $2.5 billion.

    CONTACT: Rachel Meranus, Vice President, Public Relations, PR Newswire, +1-201-360-6776 or rachel.meranus@prnewswire.com

    Photo: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO
    http://www.newscom.com/cgi-bin/prnh/20081117/NY46670-a
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    Bull Selects Hifn's Market-Leading Capacity Optimization Cards for Its StoreWay Virtuo Backup SolutionExpress DR 650 Data Reduction Cards to Double the Capacity, Reduce the Cost and Increase the Eco-Efficiency of Bull's StoreWay Virtuo Solution

    LOS GATOS, Calif., Nov. 17 /PRNewswire-FirstCall/ -- Hifn(TM) , the catalyst behind storage and networking innovation, today announced that Bull, a leading European IT company, has selected Hifn's new Express DR 650 data reduction cards to integrate into the company's newly announced StoreWay Virtuo V7 backup/restore and tape virtualization solution. The addition of the Hifn DR 650 data reduction card enables Bull to provide customers with an efficient, capacity optimized solution that offers double the storage capacity with the same disk space while effectively cutting the power, space and cooling requirements of the data in half.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070723/CLM036LOGO)

    "As a storage integrator, we seek to deliver value to our customers by integrating the latest in technical innovation within our products and solutions," said Benoit Hallez, Director of Bull's worldwide StoreWay storage division. "IT organizations are now confronted not only with escalating data storage requirements but also how to optimize space, power and cooling within the data centers. StoreWay Virtuo equipped with Hifn's Express DR card delivers an efficient storage solution that will help them get a handle on these growing issues."

    "Bull has recognized the high customer value that hardware-advantaged capacity optimization brings to a backup solution such as the StoreWay Virtuo V7," said Michael Goldgof, Vice President of Marketing at Hifn. "As the data growth rate has collided with the power, cooling and management resources required, capacity optimization through Hifn's market-leading Express DR cards has become the defacto standard for addressing these requirements."

    Designed to help IT administrators deal with the exponential growth in stored data and improve storage total cost of ownership (TCO), the Hifn Express DR family of PCI Express cards provides enterprise-class, hardware-accelerated capacity optimization designed to complement modern multi-core servers and advanced data backup storage systems such as the Bull StoreWay Virtuo V7. Express DR cards combine superior data integrity features with intelligent data reduction and unprecedented performance for any type of unstructured data. Hifn's Express DR 650 data reduction card provides up to 600 MB/sec sustained data throughput in full duplex mode per card and up to four cards can be installed in a single node pushing performance beyond 2 GB/sec. Hifn's Express DR cards are built on a high-reliability, zero-defect design that ensures 100 percent compressed data verification, combining CRC data integrity with automatic failover. A failsafe software feature guarantees that data is available and recoverable in the event the DR card is not available.

    Bull's StoreWay Virtuo V7 is a backup solution for managing the back-end disk and tape environments in enterprise backup architectures through an integrated solution providing tape library and drive virtualization, disk caching, and physical tape library management. StoreWay Virtuo V7 supports both Bull Gcos and IBM MVS mainframe and open server environments, allowing data to be backed up from and restored to a variety of heterogeneous platforms and backup software. Bull will offer the StoreWay Virtuo model with various options including one or multiple Express DR 650 cards to guarantee maximum data throughput.

    About Hifn

    Hifn delivers the key OEM ingredients for 21st century storage and networking environments. Leveraging over a decade of leadership and expertise in the development of purpose-built Applied Service Processors (ASPs), we are a trusted partner to industry leaders for whom infrastructure innovation in storage and networking is critical to success. With the majority of secure networked communications flowing through Hifn technology, the 21st century convergence of storage and networking drives our product roadmap forward. For more information, please visit: http://www.hifn.com/.

    "Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Specifically, statements regarding the Company's future financial performance including, without limitation, statements related to Hifn's DR 650 card enabling Bull to provide customers with a solution that offers double the storage capacity with the same disk space while effectively cutting the power, space and cooling requirements in half, StoreWay Virtuo equipped with Hifn's Express DR card delivering an efficient storage solution that helps customers handle the growing issues of escalating data storage requirements and Bull recognizing the high customer value of the Express DR cards are forward-looking statements within the meaning of the Safe Harbor that may cause actual results to differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein include, but are not limited to: dependency on a small number of customers; customer demand and customer ordering patterns; and orders from Hifn's customers may be below the company's current expectations. These and other risks are detailed from time to time in Hifn's filings with the Securities and Exchange Commission. Hifn expressly disclaims any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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    PRN Photo Desk, photodesk@prnewswire.com Hifn

    CONTACT: Corporate Communications of Hifn, Inc., +1-408-399-3520,
    press@hifn.com; or Agency, Judy Smith of JPR Communications, +1-818-386-0403,
    judys@jprcom.com, for Hifn

    Web site: http://www.hifn.com/




    Comcast to Roll Out Extreme 50 Mbps High-Speed Internet Service in Oregon and Southwest Washington in DecemberComcast Will Also Introduce Two New, Faster Speed Tier Options and Will Double Speeds for Most Existing Customers for No Additional Fee

    BEAVERTON, Ore., Nov. 17 /PRNewswire-FirstCall/ -- Comcast, the nation's leading provider of entertainment, information and communications products and services, today announced it is making the leap from broadband to wideband with the launch of next-generation DOCSIS 3.0 in Oregon and Southwest Washington. With wideband, Comcast will introduce a new echelon of Internet speed tiers, which will redefine the customer experience online and create a platform for Internet innovation in the years ahead.

    In December, Comcast's new services will be available to residential homes and businesses throughout the communities that Comcast serves. From Longview, Washington to Eugene, Oregon, customers will be surfing the Web even faster.

    With wideband, Comcast will offer among the fastest speeds available today, including the Extreme 50 tier with download speeds of up to 50 Mbps. Wideband will also enable Comcast to double speeds for the majority of existing high-speed Internet customers at no additional cost.

    "Wideband is a revolutionary leap in offering superfast high-speed Internet service in Oregon and Southwest Washington. By running wideband service over our next-generation fiber-optic network, we are able to dramatically enhance our customers' online experience immediately. And these speeds are only a preview of what's to come -- in the future we'll have the capability to deliver even faster speeds in excess of 160 Mbps," said Curt Henninger, Senior Vice President of Comcast Oregon and SW Washington. "Today's announcement reaffirms Comcast's commitment to offering nearly every customer in the Northwest the ability to enjoy some of the fastest Internet speeds available today."

    As part of the wideband deployment, Comcast will launch two new premium speed tiers to its residential and business class customers. Both new services are ideal for households or businesses simultaneously using several computers or Internet-connected devices. They also will appeal to those who simply want some of the fastest speeds available today:

    New Residential Tiers

    -- Extreme 50, offering up to 50 Mbps of downstream speed and up to 10 Mbps of upstream speed at $139.95/month.*

    -- Ultra, offering up to 22 Mbps of downstream speed and up to 5 Mbps of upstream speed at $62.95/month.*

    With Extreme 50, Comcast customers will be able to download a high-def movie (6 GB) in about 16 minutes, a standard-def movie (2 GB) in about 5 minutes and a standard-def TV show (300 MB) in a matter of seconds. Customers with Extreme 50 also will be able to download digital photos, songs and games faster than ever.

    In addition to the new speed tiers, Comcast also is increasing speeds for most of its existing customers.

    -- Performance tier customers will benefit from doubled downstream and upstream speeds, offering up to 12 Mbps and 2 Mbps, respectively.

    -- Performance Plus customers will be upgraded to Comcast's Blast! tier, which will double their download speeds to up to 16 Mbps and provide up to 2 Mbps of upload speed.

    Plus, with PowerBoost(R) technology, customers are able to enjoy even faster speeds to download and upload files such as videos, games, music and photos.

    New Business Class Tiers

    Business customers will benefit from wideband with increased efficiency and productivity. Customers can sign up for the Deluxe 50 Mbps / 10 Mbps tier for $189.95/month, which includes a full suite of features and support. As part of their service, Comcast Business Class customers receive Microsoft Communication Services, providing corporate-class e-mail, calendaring and document sharing, as well as additional benefits such as firewall protection, static IP addresses, multiple e-mail addresses and business class 24/7 customer support. Existing business class customers also will receive complimentary speed increases -- speeds on the Starter tier will be doubled to up to 12 Mbps / 2 Mbps and a new Premium Tier also will be introduced, offering speeds up to 22 Mbps / 5 Mbps for only $99.95/month.

    To find out when wideband will be available customers can visit http://www.comcast.com/fastestfast or call 1-800-Comcast.

    *Pricing for residential customers and requires subscription to Comcast Cable service.

    About Comcast Corporation

    Comcast Corporation (http://www.comcast.com/) is the nation's leading provider of entertainment, information and communication products and services. With 24.4 million cable customers, 14.7 million high-speed Internet customers, and 6.1 million Comcast Digital Voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.

    Comcast's content networks and investments include E! Entertainment Television, Style Network, Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, ten Comcast SportsNet networks and Comcast Interactive Media, which develops and operates Comcast's Internet businesses, including Comcast.net (http://www.comcast.net/). Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.

    Comcast Corporation

    CONTACT: Theressa Davis of Comcast Corporation, +1-503-605-6390, cell,
    +1-503-209-5245, theressa_davis@cable.comcast.com

    Web site: http://www.comcast.com/




    Exchange Online and SharePoint Online Out of Beta and Ready for PurchaseMicrosoft announces new customers, partners and online services.

    SAN FRANCISCO, Nov. 17 /PRNewswire-FirstCall/ -- Today, at a launch event in San Francisco, Stephen Elop, president of the Microsoft Business Division at Microsoft Corp., was joined by customers and partners to announce the availability of Microsoft Exchange Online and Microsoft SharePoint Online for businesses of all sizes in the United States. These subscription services offer businesses a new way to purchase, deploy and manage the industry-leading e-mail and calendaring solution, and the industry-leading solution for portals and collaboration.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

    "Customers are embracing Microsoft's software and services strategy en masse because of the choice and flexibility it gives them," Elop said. "Today, we bring business-class communications and collaboration technologies to the cloud, and we are committed to delivering more capabilities in the months ahead. No one has done what we are doing at this scale, and I'm certain that our customers will continue to take on these solutions as our offerings grow."

    Businesses can buy or try the new services at http://www.microsoft.com/online. As part of the Microsoft Online Services product family, Exchange Online and SharePoint Online are available separately or as a suite together with Office Live Meeting for conferencing, Microsoft Exchange Hosted Services and Microsoft Office Communications Online for instant messaging and presence.

    Customers Embrace Microsoft Online Services

    A growing number of companies, from small businesses to large enterprises, are adopting Microsoft Online Services. In just the past year, Microsoft has sold more than a half million seats for Microsoft Online Services, including Exchange Online, SharePoint Online and Office Communications Online. New customers include Pitney Bowes Inc.; CG Healthcare Solutions LLC, an affiliate of Cowan, Gunteski & Co., P.A.; Clean Power Research LLC; Corefino Inc.; and Fair Isaac Corp. To help businesses plan, deploy and operate the services, Microsoft is releasing new Microsoft Solution Accelerators for Microsoft Online Services. These include new automated tools and guidance, such as the Microsoft Assessment and Planning Toolkit, the Infrastructure Planning and Design Guide and the Microsoft Operations Framework Companion Guide. More information about Microsoft Solution Accelerators for Microsoft Online Services is online at http://technet.microsoft.com/en-us/solutionaccelerators/dd277934.aspx.

    "With Microsoft Online Services, Eddie Bauer was able to improve associate productivity in a cost-effective manner -- and that translates to a high return on our IT investment," said Rich Mozack, chief information officer at Eddie Bauer Inc. "The online aspect of the solution enabled us to transition from our old environment to the Microsoft tools very quickly and smoothly. On a Friday, 1,400 of Eddie Bauer's associates went home as Lotus Notes users, and on Monday they came to work as Outlook users with Microsoft Online Services."

    Partners See Opportunity in Microsoft Online Services

    Since July 2008, more than 1,500 companies have enrolled in the Microsoft Partner Program for Microsoft Online Services, with 100 more joining every week. These companies are realizing a wide range of revenue opportunity that spans reselling, migration, customization, consulting, training, support and application development, and integration services.

    Many partners are delivering customized capabilities for Microsoft Online Services. To increase awareness of these solutions, Microsoft today announced the Partner Solutions Showcase Program for Microsoft Online Services, and a Partner Solutions Showcase Program Award that is given to two partners annually. This award is designed to recognize outstanding application and integration work on the part of partners. Microsoft presented the first Partner Solutions Showcase Program Award to ThoughtBridge, which has built a human resources application on top of SharePoint Online. Partners can learn more about the showcase and award at http://www.microsoft.com/online/partner/solutions-showcase.mspx.

    "ThoughtBridge recognized an immediate opportunity for building unique, vertical capabilities on top of Microsoft SharePoint Online, and we see tremendous opportunity to grow our business around this model," said Tim Tisdale, chief technology officer and co-founder of ThoughtBridge. "Already, we're seeing strong customer demand for migration, customization and integration services. Microsoft Online Services give us the agility to address this demand with fewer resources. We think this opportunity will bring us the bulk of our revenue moving forward."

    New Products in the Microsoft Online Services Family

    Microsoft also outlined its plans to offer new solutions as a part of Microsoft Online Services in the next year. In addition to Office Communications Online, Microsoft is planning to offer a Microsoft Online Services solution that will provide IT management and security capabilities for businesses, enabling IT managers to secure and manage desktops using a Web-based subscription service. These online services will be based on components from existing systems management, identity and security offerings, and will complement Microsoft's on-premise solutions, as customers begin to adopt cloud-based computing to address specific needs.

    More information on Microsoft Online Services is available at http://www.microsoft.com/online and in the new software plus services virtual pressroom for the Microsoft Business Division at http://www.microsoft.com/presspass/presskits/Officesoftwareplusservices/defaul t.mspx. In addition, a webcast of today's event can be viewed at http://wm.istreamplanet.com/customers/ms/300_ms_usosl_081117.asx.

    Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

    Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Microsoft Corp.

    CONTACT: Rapid Response Team of Waggener Edstrom Worldwide,
    +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.

    Web site: http://www.microsoft.com/




    CVS.com Named Best Consumer Health Product Internet SiteIndependent Panel Recognizes Newly Launched Web Site

    WOONSOCKET, R.I., Nov. 17 /PRNewswire/ -- CVS.com, the Internet consumer home page for CVS/pharmacy, the retail division of CVS Caremark , was named "Best Overall Internet Site" for 2008 in the consumer healthcare product sales category by the eHealthcare Leadership Awards sponsored by eHealthcare Strategy & Trends magazine.

    In addition, yourhealthconnection.com, a consumer health and information site operated by Consumer Health Interactive, a CVS Caremark subsidiary, shared second place honors for "Best Health Care/Health Content" in the consumer general healthcare category. The eHealthcare Leadership Awards program recognizes the best Web sites across a broad spectrum of healthcare organizations, including providers, health plans and healthcare organizations.

    "We are thrilled the Internet healthcare industry has recognized several of our consumer web sites for providing meaningful healthcare information for our customers," said Helena Foulkes, senior vice president, health services for CVS Caremark. "CVS.com is an extension of our in-store experience and mission for more than 4 million customers who look to CVS/pharmacy for a broad spectrum of personal health and retail needs. This award is a result of our passion to deliver on our mission, which is: to improve the lives of those we serve by making innovative and high-quality health and pharmacy services safe, affordable and easy to access."

    CVS.com, which was re-launched in July 2008, won the coveted platinum award for overall Web design, interactivity, integration, health content, medical care support and ease of navigation. yourhealthconnection.com was honored with a silver award for providing extensive balanced, current and organized consumer healthcare content presented in a customized format for individual consumers. The award-winning health information content in yourhealthconnection.com is identical to the Health Information section of CVS.com, which further demonstrates CVS/pharmacy's commitment to providing innovative solutions in an accessible and affordable way.

    CVS.com and yourhealthconnection.com were chosen by an independent panel of judges among more than 1,100 entries competing in one of 17 areas across 12 different award categories. More information about the award program may be found on the Web at http://www.strategichealthcare.com/awards/.

    About CVS Caremark

    CVS Caremark is the largest provider of prescriptions in the nation. The Company fills or manages more than 1 billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its more than 6,800 CVS/pharmacy and Longs Drugs stores; its Caremark Pharmacy Services division (pharmacy benefit management, mail order and specialty pharmacy); its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. General information about CVS Caremark is available through the Investor Relations section of the Company's Web site, at cvscaremark.com/investors, as well as through the press room section of the Company's Web site, at cvscaremark.com/newsroom.

    Media Contact: Investor Contact: Erin Pensa Nancy Christal CVS Caremark CVS Caremark Corporate Communications Investor Relations (401) 770-4786 (914) 722-4704 epensa@cvs.com nrchristal@cvs.com

    CVS Caremark

    CONTACT: Media, Erin Pensa, Corporate Communications, +1-401-770-4786,
    epensa@cvs.com, or Nancy Christal, Investor Relations, +1-914-722-4704,
    nrchristal@cvs.com, both of CVS Caremark

    Web Site: http://www.cvs.com/
    http://www.strategichealthcare.com/awards




    Virgin Mobile USA Identifies Additional Synergies and Related Cost Savings

    WARREN, N.J., Nov. 17 /PRNewswire-FirstCall/ -- Leading wireless services provider Virgin Mobile USA announced today that it is eliminating approximately 45 positions in its New Jersey and California offices, which represents approximately 10% of its workforce.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE)

    In a memo to employees today, Virgin Mobile USA Chief Executive Officer Dan Schulman explained that the Company had identified continued synergies associated with the transition of IT services to IBM and the acquisition of Helio.

    "We have assessed the status of the Company post-integration and have identified some remaining duplication of assignments. Our intent is to expand our investment in both our prepaid and new postpaid business and, in order to do so profitably, we must continue to identify opportunities to reduce operating costs across all areas."

    He added, "Virgin Mobile USA is well positioned to weather these tough times and build our business in 2009. Our value proposition and wide range of products and services are more relevant than ever in an environment where consumers are looking for value and flexibility."

    Virgin Mobile USA also said on Friday that John Feehan, its current CFO who had previously announced intentions to leave the Company this month, will be continuing in his role.

    About Virgin Mobile USA

    Virgin Mobile USA, Inc. , through its operating company Virgin Mobile USA, L.P., offers more than five million customers control, flexibility and choice through Virgin Mobile's Plans Without Annual Contracts and postpaid offerings through Helio By Virgin Mobile, with national coverage for both powered by the Sprint PCS network.

    Virgin Mobile USA is known for its award-winning customer service, and was recently rated the best prepaid wireless service for the third year in a row in the Annual PC Magazine Readers' Choice Survey, with 90% of its own customers reporting satisfaction with its service. Virgin Mobile USA allows customers to earn free minutes in exchange for viewing advertising content online through the innovative Sugar Mama program. Virgin Mobile USA's full slate of smart, stylish and affordable handsets are available at approximately 40,000 top retailers nationwide and online at http://www.virginmobileusa.com/, with Top-Up cards available at more than 140,000 locations. Helio's advanced devices like the Ocean and unlimited All-in voice plans can be explored at http://www.helio.com/.

    Photo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Virgin Mobile USA, Inc.

    CONTACT: Media, Jayne Wallace, +1-908-607-4014,
    jayne.wallace@virginmobileusa.com, or Investors, Erica Bolton, +1-908-607-4108,
    erica.bolton@virginmobileusa.com, both of Virgin Mobile USA, Inc.

    Web site: http://www.virginmobileusa.com/
    http://www.helio.com/




    Change of Name From North Coast Partners, Inc. to Montavo, Inc. and Completion of Merger

    BELLEVUE, Wash., Nov. 17 /PRNewswire-FirstCall/ -- The merger of North Coast Acquisition Corp., a Delaware corporation and wholly owned subsidiary of North Coast Partners, Inc. and Montavo, Inc. a Washington corporation was completed on August 29, 2008 whereby North Coast Acquisition Corp. was merged with and into Montavo, Inc. in accordance with Section 252 of the General Corporation Law of the State of Delaware and Section 23.11.070 of the Revised Code of Washington. A new trading symbol was issued in September, 2008 as MTVO (BULLETIN BOARD: MTVO) .

    The newly merged entity ("Montavo") has developed technology that allows wireless subscribers to search a proprietary advertisement delivery system by category of service and location. The content is delivered to subscribers via mobile handsets, personal navigation devices or navigation devices installed in vehicles. Subscribers can view advertisements, redeem special incentives and discounts and obtain turn-by-turn directions to the nearest merchant.

    Montavo has a patent pending technology filed for "method and distribution system for location based wireless presentation of electronic coupons".

    "We are enthused with the vast potential that mobile advertising has in the current global marketplace. We look forward to contributing to this new potential with Montavo's technology and services." remarked Montavo's Chief Executive Officer, Mr. Brook Lang.

    About Montavo, Inc.

    Montavo, Inc. has developed a mobile location based services (LBS) marketing solution for wireless carriers, mobile handsets manufacturers, wireless carrier/device software aggregators, personal navigation device (PND's) manufacturers, and vehicle manufacturers. Montavo has a patent pending technology filed for "method and distribution system for location based wireless presentation of electronic coupons".

    Forward Looking Statements

    This press release may include "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. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. Montavo's actual results could differ materially from those anticipated in the forward-looking statements. Montavo refers you to the cautionary statements and risk factors set forth in the documents it files with the Securities and Exchange Commission (http://www.sec.gov/). The Company is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

    For more information on Montavo, please refer to our website at http://www.montavo.com/

    Contact: R. Montesano Montavo, Inc. (425) 747-5500 or Email to: info@montavo.com

    Montavo, Inc.

    CONTACT: R. Montesano of Montavo, Inc., +1-425-747-5500,
    info@montavo.com

    Web site: http://www.montavo.com/




    Genuine Parts Company Declares Regular Quarterly Dividend and Announces Additional 15 Million Share Repurchase Program

    ATLANTA, Nov. 17 /PRNewswire-FirstCall/ -- The Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of thirty-nine cents ($.39) per share on the Company's common stock.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20081002/CLTH108LOGO )

    The dividend is payable January 2, 2009 to shareholders of record December 5, 2008.

    Tom Gallagher, Chairman, President and Chief Executive Officer of Genuine Parts Company also announced today the Company has increased the number of shares of its common stock authorized for repurchase by 15 million shares. Mr. Gallagher stated, "The Company will continue to make purchases from time to time on the open market or in unsolicited negotiated transactions."

    The Company's share repurchase program originally authorized the repurchase of 15 million shares in August 1994, April 1999 and August 2006, for a total authorization of 45 million shares. Through the current date, the Company has purchased approximately 41.4 million shares under this program and remains authorized to complete the purchase of the approximately 3.6 million shares outstanding. Mr. Gallagher concluded, "We are pleased with the progress in the current repurchase program and believe this additional authorization will help to further enhance shareholder value."

    About Genuine Parts Company

    Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada and Mexico. The Company also distributes industrial replacement parts in the U.S. and Canada through its Motion Industries subsidiary. S.P. Richards Company, the Office Products Group, distributes business products nationwide in the U.S. and in Canada. The Electrical/Electronic Group, EIS, Inc., distributes electrical and electronic components throughout the U.S., Canada and Mexico. Genuine Parts Company had 2007 revenues of $10.8 billion.

    Photo: http://www.newscom.com/cgi-bin/prnh/20081002/CLTH108LOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Genuine Parts Company

    CONTACT: Jerry W. Nix, Vice Chairman and CFO, Genuine Parts Company,
    +1-770-612-2048

    Web site: http://www.genpt.com/




    Logical Innovations chooses MatrikonOPC technology for all of its system integration projects

    EDMONTON, Nov. 17 /PRNewswire-FirstCall/ -- MatrikonOPC is proud to welcome Logical Innovations into its Integrator Program (IP) as a Gold Level Partner. As one of North America's top system integration companies, Logical Innovations chose MatrikonOPC as its preferred supplier of OPC data connectivity solutions as part of their commitment to providing clients with superior solutions.

    Ranked in the top 100 fastest growing service companies in North America, Logical Innovations identified the need for a one-stop-shop OPC connectivity supplier as a key to its sustainable growth strategy. "With a rapidly growing customer base we needed an OPC supplier that understood our changing requirements and had the horse-power in terms of products, experience, and support needed to effectively service them," said Chris Peters, CEO of Logical Innovations.

    Chris further explained that "with OPC compatibility from MatrikonOPC, our customers can now more seamlessly integrate their DCS system. By utilizing MatrikonOPC drivers, we can offer our customers the most cost effective solution for connectivity throughout their plant. Logical Innovations is excited to further maximize our customer's process control investment by partnering with MatrikonOPC."

    "MatrikonOPC is committed to working with integrators, to help them deliver superior OPC data connectivity solutions, minimize project risk, and maximize profitability. A win-win scenario for both the integrators and their end clients," explained Sean Leonard, Vice President, OPC Products at Matrikon.

    The MatrikonOPC Integrator program is specifically designed to take systems integrators to the next level by providing them with easy access to the tools, training, and support they need to secure bigger and better projects. "Systems Integrators don't just work nine to five, and neither should their OPC technology vendor. Integrators need to know that they can access the products and the support they need when they need it. That's a driving factor in our "total support" vision when creating the MatrikonOPC Integrator Program. Integrators can get full OPC technical support in the design and implementation phases as well as purchase the software they need online. By joining the MatrikonOPC Integrator Program, integrators don't just join an organization, they join a full team of professionals driven to help them succeed," said Manny Mandrusiak, MatrikonOPC Marketing Manager.

    To learn more about the MatrikonOPC Integrator Program visit our website at: http://www.matrikonopc.com/partners/integrators.aspx.

    About Logical Innovations

    Logical Innovations, Inc. was founded as a company to deliver technology that optimizes the business process, improves efficiency and increase productivity. We have 2 locations. Logical Innovations headquarters are located in Richmond, VA supporting east coast. Our regional office is located near Louisville, KY, thus providing mid-west coverage.

    Visit Logical Innovations at http://www.logicalinnovations.biz/LI_Website/index.html.

    About MatrikonOPC (a division of Matrikon Inc. (TSX: MTK))

    With a collection of more than 500 OPC products and over 100,000 installations worldwide, MatrikonOPC is the world's largest supplier of OPC connectivity products. Matrikon is a charter member of the OPC Foundation, and has demonstrated a commitment to developing OPC as the industrial connectivity standard.

    Matrikon's international customer base includes a wide range of companies from process to discrete manufacturers in industrial, commercial and military applications. With offices throughout North America, Australia, Europe and the Middle East, Matrikon's reach is global.

    Visit MatrikonOPC at http://www.matrikonopc.com/.

    MatrikonOPC and Matrikon are trademarks or registered trademarks of Matrikon Inc.

    Matrikon Inc.

    CONTACT: Manny Mandrusiak, MatrikonOPC Marketing Manager, (780) 448-1010
    extension 4606, email: manny.mandrusiak@matrikonopc.com; For business and
    investor related information, contact: Nicole Sayler, Corporate Communications
    & Investor Relations, (780) 945-4010, nicole.sayler@matrikon.com

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    News archive of December 2009
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    News Archives of November 2008
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    News Archives other dates
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