Companies news of 2009-03-19 (page 1)
NTN Buzztime, Inc. Announces Fourth-Quarter and Full-Year 2008 Results
NASDAQ Panel Grants Extension to DATATRAK for Continued Listing on the NASDAQ Capital...
Movie Fans Can Buy & Rent Films in High Definition on the iTunes StoreBox Office Favorites...
Elecsys Corporation Announces Its Acquisition of MBBS, S.A.
Monsanto Commits $1 Million to Sponsor Plant Breeding Fellowships at South Dakota State...
3G Will Dominate Hungary's Mobile Services Market by 2012, Pyramid Research Finds
National Semiconductor Acquires Act Solar, Extending Its Solar Energy Efficiency and...
Harris Corporation Demonstrates Unity XG(TM)-100 Multiband Software-Defined Radio for...
Verizon Wireless Ranks Highest in Call Quality in Mid-Atlantic Region in J.D. Power and...
3G Will Dominate Hungary's Mobile Services Market by 2012, Pyramid Research Finds
Image Sensing Systems Names New Member to Board of Directors
delSECUR Corporation Announces Changes to the Company's Board of Directors and Senior...
Gameloft: Current Operating Income of EUR3.3M, up 15% and in Line With Expectations
ATK Delivers Final Hardware for Ares I-X Test Flight to Kennedy Space CenterTrain Carrying...
3G Will Dominate Hungary's Mobile Services Market by 2012, Pyramid Research Finds
Playboy and Bondi Digital Publishing Unveil www.playboyarchive.com Searchable Web...
Gameloft: Current Operating Income of EUR3.3M, up 15% and in Line With Expectations
Verizon Wireless Ranks Highest in Call Quality in Northeast Region in J.D. Power and...
R/GA London Launches 'Store of the Future' For ZainAgency Named Lead Digital Partner for...
Nonprofits in South Carolina Received Nearly $150,000 in 2008 From the Verizon...
Verizon Business and Cisco Team to Help Enterprises SucceedLarge Businesses and...
InformationWeek Wins min's 2009 Best Virtual EventInformationWeek Business Technology...
Gameloft : Résultat opérationnel courant 2008 de 3,3MEUR, en hausse de 15% et en ligne...
Air Products Increases Quarterly Dividend
Call of Duty: World at War Downloadable Maps now Available
Lexmark Accessibility Solution helps the visually impaired leverage MFP technology
Motorola Wireless Solutions Win GCN Best of FOSE AwardsIndustry's first tri-radio-capable...
Availability of Windows Internet Explorer 8 Brings New Opportunities for Web...
New Hampshire Business Review Readers Vote Comcast #1 Telecommunications Provider in the...
NTN Buzztime, Inc. Announces Fourth-Quarter and Full-Year 2008 Results
CARLSBAD, Calif., March 19 /PRNewswire-FirstCall/ -- NTN Buzztime, Inc. (NYSE Alternext US: NTN) today announced results for the fourth quarter and 2008 fiscal year ended December 31, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080331/CLM183LOGO)
"In a very busy fourth quarter, NTN Buzztime has begun laying the groundwork to return to profitability in 2009 and to become more of an integrated media company that attracts growing audiences to the iTV Buzztime Network. It is very exciting to have been chosen as the Company's CEO to help lead this transformation," commented NTN Buzztime Board member and CEO Terry Bateman. "With our sales showing considerable resilience in the face of once-in-a-generation economic uncertainties, we have cut our net loss by more than half, improved our gross margins and made fundamental improvements to our cost structure that should reduce our selling, general and administrative expenses by $5 million in 2009. These changes were essential and will give the company the runway to fully develop the integrated media business that we envision, which will include a heavy focus on developing our ad program and the development of our online and mobile channels for launch in the second half of 2009."
Mr. Bateman continued, "We have also restructured our Board of Directors and made significant enhancements to our management team. New-media executive and investor Jeff Berg is bringing timely and focused expertise to his responsibilities as Chairman. Mary Beth Lewis, with her CFO and growth company experience, and Kenneth Keymer, with his impressive chain-restaurant management credentials, further enhance the strategic depth that the Board provides to management. On the management side, Michael Arzt, our new Executive Vice President of Marketing, and Jeffrey Lewis, our new Executive Vice President of Advertising Sales, both have the solid backgrounds, expertise and commitment necessary to contribute to making Buzztime a powerful out-of-home advertising network."
Results for the Fourth Quarter Ended December 31, 2008
Revenues decreased by $1.2 million or 15% to $6.5 million for the fourth quarter of 2008, compared to revenues of $7.7 million for the fourth quarter of 2007. The Company's site count was 3,746 as of the end of 2008, consistent with the site count as of September 30, 2008. Loss from continuing operations for the fourth quarter of 2008 was $690,000, a reduction of approximately $844,000 or 55% from the loss from continuing operations of $1.5 million recorded for the fourth quarter of 2007.
Gross margin as a percentage of revenue improved to 75% for the fourth quarter of 2008 compared to approximately 70% for the fourth quarter of 2007.
Quarterly selling, general and administrative expenses decreased by $1.3 million or 19% year over year to approximately $5.4 million for the fourth quarter of 2008 from $6.7 million for the fourth quarter of 2007.
For the quarter ended December 31, 2008 and 2007, results from continuing operations reflected solely the results from the Entertainment division, following the discontinuation of the Hospitality division.
Results for the Fiscal Year Ended December 31, 2008
Revenues decreased by $3.0 million or approximately 10% to $27.5 million for the fiscal year ended December 31, 2008 from $30.5 million in fiscal 2007. Year-over-year reductions in subscribing site counts and corresponding revenue were impacted by the Company's Q3 2008 discontinuation of U.K. operations (37 sites) and the bankruptcy of former national account Bennigan's (34 sites). The site count declined from 3,877 at December 31, 2007 to 3,746 at December 31, 2008, for a reduction of 60 sites in addition to the site reductions noted related to the discontinuation of U.K. operations and the Bennigan's bankruptcy. The Company's loss from continuing operations for the 2008 fiscal year totaled $6.1 million, compared to a loss from continuing operations of $4.3 million in 2007.
Gross margin as a percentage of revenue improved to 72% in fiscal 2008 compared to 70% in 2007.
Fiscal-year selling, general and administrative expenses increased by $1.4 million, or 6%, to $25.3 million in the 2008 fiscal year from $23.9 million in 2007. This increase is primarily related to increased personnel related costs, including $956,000 in increased severance payments; increased consulting costs of $857,000; software disposal costs, which increased by $360,000 due to impairments on certain projects that were deemed to no longer fit with the Company's current strategy; a $198,000 increase in legal fees related to corporate governance matters and an ongoing trademark infringement case; increased bad debt expense of $201,000 related to customer cancellations and bankruptcies; a $202,000 increase in recruiting expenses; and an increase of $304,000 in office lease expenses. These increases were offset by decreases in marketing expenses amounting to $851,000; decreased commission expenses of $339,000; a decrease in tax expense of $270,000; and salary reductions of $120,000 resulting from force reductions and the closing of the Company's U.K. office.
The Company's Entertainment division incurred $478,000 of restructuring costs during fiscal 2007, related to the restructuring of the Canadian operations, completed in January 2007, compared to none in 2008.
For fiscal year ended December 31, 2008 and 2007, results from continuing operations reflected solely the results from the Entertainment division, following the discontinuation of the Hospitality division.
Discontinued Operations
Discontinued operations of the Company's Hospitality division consisted of two segments, Wireless and Software Solutions. On March 30, 2007, the Company reported the sale of substantially all assets of the NTN Wireless segment for $2.4 million, which resulted in a gain of approximately $396,000 in the first quarter of 2007. On October 31, 2007, the Company announced that it had completed the sale and transfer of Software Solutions' intellectual property assets and began winding down the operation. This process was completed in the third quarter of 2008.
Discontinued operations generated no net income in the fourth quarter of 2008 compared to a loss of $386,000, net of tax, in the 2007 fourth quarter. Discontinued operations generated a loss of $332,000, net of tax, for the fiscal year ended December 31, 2008, compared to a loss of $735,000, net of tax, for fiscal 2007.
Conference Call
Management will review these results in a conference call today, March 19, 2009, at 4:30 p.m. Eastern Time.
To access the conference call, please dial 1-866-360-7027 if calling from the United States or Canada, or 1-706-643-3291 if calling internationally.
A replay will be available until March 26, 2009, which can be accessed by dialing 1-800-642-1687 if calling from the United States or Canada or 1-706-645-9291 if calling internationally. Please use passcode 87984288 to access the replay.
The call will also be accompanied live by webcast over the Internet and accessible at the Company's web site at http://www.buzztime.com/.
About NTN Buzztime, Inc.
NTN Buzztime, Inc., a leader in interactive entertainment for 25 years, is based in Carlsbad, CA. Buzztime is distributed in-home and out-of-home across broadband platforms including online, cable TV, satellite TV and in approximately 3,746 restaurants, sports bars and pubs throughout North America. Buzztime entertainment is also available on electronic games and in books. For more information, please visit http://www.buzztime.com/.
Buzztime is a proud member of the OVAB | Out-of-home Video Advertising Bureau.
Buzztime is a registered trademark of Buzztime Entertainment, Inc. and Playmaker is a registered trademark of NTN Buzztime, Inc.
Forward-looking Statements
This release contains forward-looking statements which reflect management's current views of future events and operations including but not limited to estimates of financial performance and cash flows, trends in subscriber preference and engagement and results of marketing strategies. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from historical results or those expressed or implied by such forward-looking statements. These risks and uncertainties include risks associated with our recent management transition, our significant losses, our ability to grow our out-of-home Buzztime iTV network and implement our other business strategies, the risk of changing economic conditions, failure of product demand or market acceptance of both existing and new products and services and the impact of competitive products and pricing. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.
COMPANY CONTACT:
Kendra Berger
Chief Financial Officer
NTN Buzztime, Inc.
(760) 438-7400
CCG CONTACT:
Sean Collins
Senior Partner
CCG Investor Relations
(310) 477-9800, ext. 20
(financial tables follow)
NTN BUZZTIME, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
As of December 31, 2008 and 2007
(In thousands, except share data)
ASSETS 2008 2007
Current Assets:
Cash and cash equivalents $3,362 $10,273
Restricted cash - 55
Accounts receivable, net of allowances of $298
and $396, respectively 636 1,354
Investment available-for-sale 58 264
Prepaid expenses and other current assets 611 745
Assets held for sale - 212
Total current assets 4,667 12,903
Broadcast equipment and fixed assets, net 3,428 4,101
Software development costs, net of accumulated
amortization of $1,002 and $1,071, respectively 860 895
Deferred costs 1,383 1,204
Goodwill 1,032 1,285
Intangible assets, net 185 318
Other assets 107 154
Total assets $11,662 $20,860
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable $219 $831
Accrued expenses 1,169 901
Sales tax payable 958 982
Accrued salaries 383 357
Accrued vacation 381 447
Income taxes payable 18 36
Obligations under capital leases-current portion 8 7
Deferred revenue 657 972
Liabilities of discontinued operations - 672
Total current liabilities 3,793 5,205
Obligations under capital leases, excluding current
portion 32 -
Deferred revenue, excluding current portion 91 87
Total liabilities 3,916 5,292
Commitments and contingencies
Shareholders' equity:
Series A 10% cumulative convertible preferred
stock, $.005 par value, $161 liquidation
preference, 5,000,000 shares authorized;
161,000 shares issued and outstanding 1 1
Common stock, $.005 par value, 84,000,000 shares
authorized; 55,727,000 and 55,640,000 shares issued
and outstanding at December 31, 2008 an 2007,
respectively 277 277
Treasury stock, at cost, 503,000 and 454,000
shares at December 31, 2008 and 2007,
respectively (456) (444)
Additional paid-in capital 113,267 112,942
Accumulated deficit (105,351) (98,870)
Accumulated other comprehensive income 8 1,662
Total shareholders' equity 7,746 15,568
Total liabilities and shareholders' equity $11,662 $20,860
NTN BUZZTIME, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
Three Months Ended Year Ended
December 31, December 31,
2008 2007
(unaudited) (unaudited) 2008 2007
Revenues $6,525 $7,693 $27,496 $30,542
Operating expenses:
Direct operating costs
(includes depreciation) 1,661 2,342 7,756 9,017
Impairment of intangible asset - - - 968
Selling, general and
administrative 5,373 6,686 25,314 23,872
Depreciation and amortization
(excluding depreciation and
amortization included in direct
costs) 132 145 532 566
Restructuring costs - - - 478
Total operating expenses 7,166 9,173 33,602 34,901
Operating loss (641) (1,480) (6,106) (4,359)
Other income (expense):
Interest income 9 94 138 347
Interest expense - (4) (5) (30)
Other income 4 - 73 83
Total other income (expense) 13 90 206 400
Loss from continuing operations
before income taxes (628) (1,390) (5,900) (3,959)
Provision for income taxes (62) (144) (234) (332)
Loss from continuing
operations (690) (1,534) (6,134) (4,291)
Loss from discontinued
operations, net of tax
(including gain on sale of
NTN Wireless of $396 in 2007) - (386) (332) (735)
Net loss $(690) $(1,920) $(6,466) $(5,026)
Net loss per common share - basic
and diluted:
Loss from continuing
Operations $(0.01) $(0.03) $(0.11) $(0.08)
Loss from discontinued
operations (0.00) (0.01) (0.01) (0.01)
Net loss $(0.01) $(0.04) $(0.12) $(0.09)
Weighted average shares
outstanding
Basic and diluted 55,170 55,171 55,189 55,154
NTN BUZZTIME, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
For the years ended December 31, 2008 and 2007
(In thousands)
2008 2007
Cash flows (used in) provided by operating
activities:
Net loss $(6,466) $(5,026)
Loss from discontinued operations, net of tax (332) (735)
Loss from continuing operations $(6,134) $(4,291)
Adjustments to reconcile net loss to net
cash (used in) provided by operating
activities:
Depreciation and amortization 3,101 3,932
Provision for doubtful accounts 557 356
Stock-based compensation 312 439
Impairment of intangible asset - 968
Loss (gain) from disposition of equipment
and capitalized software 618 (269)
Changes in assets and liabilities:
Accounts receivable 142 199
Prepaid expenses and other assets 129 337
Accounts payable and accrued expenses (367) (624)
Income taxes payable (19) (42)
Deferred costs (199) 883
Deferred revenue (296) (1,054)
Net cash (used in) provided by
continuing operations (2,156) 834
Discontinued operations (807) (1,616)
Net cash used in operating activities (2,963) (782)
Cash flows (used in) provided by investing
activities:
Capital expenditures (2,160) (592)
Software development expenditures (835) (588)
Deposits on broadcast equipment - (161)
Proceeds from sale of equipment and other assets 12 478
Restricted cash 51 13
Net cash used in investing activities
by continuing operations (2,932) (850)
Discontinued operations 7 2,613
Net cash (used in) provided by
investing activities (2,925) 1,763
Cash flows (used in) provided by financing
activities:
Principal payments on capital leases (12) (363)
Settlement of stock options - (94)
Purchase of treasury stock (12) (444)
Proceeds from exercise of warrants and options - 694
Net cash used in financing activities
by continuing operations (24) (207)
Net (decrease) increase in cash and
cash equivalents (5,912) 774
Effect of exchange rate on cash (999) 725
Cash and cash equivalents at beginning of year 10,273 8,774
Cash and cash equivalents at end of year $3,362 $10,273
Photo: http://www.newscom.com/cgi-bin/prnh/20080331/CLM183LOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
NTN Buzztime, Inc.
CONTACT: Kendra Berger, Chief Financial Officer of NTN Buzztime, Inc., +1-760-438-7400; or Sean Collins, Senior Partner of CCG Investor Relations, +1-310-477-9800, ext. 202, for NTN Buzztime, Inc.
Web Site: http://www.ntn.com/
NASDAQ Panel Grants Extension to DATATRAK for Continued Listing on the NASDAQ Capital Market
CLEVELAND, March 19 /PRNewswire-FirstCall/ -- DATATRAK International, Inc. , a technology and services company focused on global eClinical solutions for the clinical trials industry, today announced that a NASDAQ Hearings Panel (the "Panel") has granted the Company's request for continued listing on The NASDAQ Capital Market, subject to the condition that, on or before June 1, 2009, the Company must evidence compliance with the minimum $2.5 million stockholders' equity requirement or one of the alternative criteria for continued listing. The Panel's determination follows a hearing held on January 8, 2009 at which the Company presented its plan to regain compliance. The Company is taking steps to comply with the terms of the Panel's decision. However, in the event that the Company is unable to demonstrate compliance with all requirements for continued listing by June 1, 2009, its common shares would be subject to delisting from The NASDAQ Capital Market.
About DATATRAK International, Inc.
DATATRAK International, Inc. is a worldwide technology company focused on the provision of multi-component eClinical solutions and related services for the clinical trials industry. The Company delivers a complete portfolio of software products that were created in order to accelerate clinical research data from investigative sites to clinical trial sponsors and ultimately the FDA, faster and more efficiently than manual methods or loosely integrated technologies. DATATRAK's eClinical software suite can be deployed worldwide through an ASP offering or in a licensed Enterprise Transfer model that fully empowers its clients. The DATATRAK software suite and its earlier versions have successfully supported hundreds of international clinical trials involving thousands of clinical research sites and encompassing tens of thousands of patients in 59 countries. DATATRAK International, Inc.'s product suite has been utilized in some aspect of the clinical development of 16 drugs and one medical device that have received regulatory approval from either the United States Food and Drug Administration or counterpart European bodies. DATATRAK International, Inc. has offices located in Cleveland, Ohio, and Bryan, Texas. Its common stock is listed on the NASDAQ Stock Market under the ticker symbol "DATA". Visit the DATATRAK International, Inc. web site at http://www.datatrak.net/.
Except for the historical information contained in this press release, the statements made in this release are forward-looking statements. These forward-looking statements are made based on management's expectations, assumptions, estimates and current beliefs concerning the operations, future results and prospects of the Company and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond the control of the Company. Factors that may cause actual results to differ materially from those in the forward-looking statements include the limited operating history on which the Company's performance can be evaluated; the ability of the Company to continue to enhance its software products to meet customer and market needs; fluctuations in the Company's quarterly results; the viability of the Company's business strategy and its early stage of development; the timing of clinical trial sponsor decisions to conduct new clinical trials or cancel or delay ongoing trials; the Company's dependence on major customers; government regulation associated with clinical trials and the approval of new drugs; the ability of the Company to compete in the emerging EDC market; losses that potentially could be incurred from breaches of contracts or loss of customer data; the inability to protect intellectual property rights or the infringement upon other's intellectual property rights; the Company's success in integrating its acquisition's operations into its own operations and the costs associated with maintaining and/or developing two product suites; delisting of the Company's common shares from the Nasdaq Capital Market; and general economic conditions such as the rate of employment, inflation, interest rates and the condition of capital markets. This list of factors is not all-inclusive. In addition, the Company's success depends on the outcome of various strategic initiatives it has undertaken, all of which are based on assumptions made by the Company concerning trends in the clinical research market and the health care industry. The Company undertakes no obligation to update publicly or revise any forward-looking statement whether as a result of new information, future events or otherwise.
DATATRAK International, Inc.
CONTACT: Ray Merk, Chief Financial Officer and Chief Operating, Officer of DATATRAK International, Inc., +1-440-443-0082 x181
Web Site: http://www.datatrak.net/
Movie Fans Can Buy & Rent Films in High Definition on the iTunes StoreBox Office Favorites Including 'Quantum of Solace' & 'Twilight' Available in Stunning HD
CUPERTINO, Calif., March 19 /PRNewswire-FirstCall/ -- Apple(R) today announced that iTunes(R) customers can purchase and rent box office favorites including "Quantum of Solace" and "Twilight" in stunning HD on the iTunes Store (http://www.itunes.com/). Starting today, movie fans can purchase box office blockbusters for download in HD for $19.99 from iTunes, and films will be available as iTunes Movie Rentals in HD for $4.99 within 30 days after release. Customers can enjoy these films in HD on their Mac(R) or PC and on their widescreen TV with Apple TV(R), as well as in standard definition on their iPhone(TM) or iPod(R) with video. The iTunes Store is the world's most popular online TV and movie store, with over 250 million TV episodes purchased and over 33 million movies purchased and rented.
"Movie fans are going to love being able to buy and rent films including 'Quantum of Solace' and 'Twilight' in stunning HD from the iTunes Store," said Eddy Cue, Apple's vice president of Internet Services. "Customers have made HD content on iTunes a hit, with over 50 percent of TV programming being purchased in HD when available."Starting today, iTunes customers can pre-order "Quantum of Solace" which will be downloaded to their computer on March 24, and the smash hit thriller "Twilight" will be available on March 21. iTunes customers can purchase "Transporter 3," "Punisher: War Zone" and other select titles in HD today, and the action/comedy "The Spirit" will be available on April 14. The iTunes Movie Store will be adding more HD movies soon and customers can view the latest offerings at http://www.itunes.com/movies/hd.
The iTunes Store is the world's most popular online music, TV and movie store with a catalog of over 10 million songs, over 40,000 TV episodes, and over 5,000 movies including over 1,200 in stunning high definition video for rent. With Apple's legendary ease of use, pioneering features such as iTunes Movie Rentals, integrated podcasting support, the ability to turn previously purchased tracks into complete albums at a reduced price, and seamless integration with iPod and iPhone, the iTunes Store is the best way for Mac and PC users to legally discover, purchase and download music and video online.
Pricing & AvailabilityiTunes 8.1 for Mac and Windows includes the iTunes Store and is available as a free download from (http://www.itunes.com/). Purchase and download of songs and videos from the iTunes Store requires a valid credit card from a financial institution in the country of purchase. Video availability varies by country. iTunes Movie Rentals are $2.99 (US) for library titles and $3.99 (US) for new releases, and high definition versions are priced just one dollar more with library titles at $3.99 (US) and new releases at $4.99 (US).
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
(C) 2009 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS, Macintosh, iTunes, Apple TV, iPhone and iPod are trademarks of Apple. Other company and product names may be trademarks of their respective owners.
Apple
CONTACT: Randi Wolfson, +1-408-862-1225, randi@apple.com, or Tom Neumayr, +1-408-974-1972, tneumayr@apple.com, both of Apple
Web Site: http://www.apple.com/
Elecsys Corporation Announces Its Acquisition of MBBS, S.A.
OLATHE, Kansas, March 19 /PRNewswire-FirstCall/ -- Elecsys Corporation announced today that it has entered into a Stock Purchase Agreement to acquire MBBS, S.A., of Cortaillod, Switzerland from BSN Systems, Inc. of Irvine, California.
MBBS, a Swiss high-technology company established in 2000, is a leader in the design and development of radio frequency identification (RFID) solutions for harsh and extreme environments. Based on research and development originally funded by the Swiss government, MBBS' patented METALuCID(R) RFID technology is characterized by its unique ability to read and write electronic data through metals such as non-magnetic steels and other alloys. With this feature, RFID tags can be hermetically sealed inside metal parts such as surgical instruments, infrastructure assets, heavy equipment, weapons and similar devices that must withstand harsh environments.
MBBS offers complete RFID solutions, including custom tags, readers and software. This ultra-rugged RFID technology is fully developed, and traceability solutions deployed by MBBS have been used in various applications in the medical and industrial sectors for several years. MBBS' revenues totaled approximately $550,000 for its most recent fiscal year ended December 31, 2008. MBBS has been certified to ISO 9001 and ISO 13485 since 2004.
Karl Gemperli, Elecsys president and chief executive officer, stated, "We are excited about penetrating the expanding market for ultra-rugged RFID solutions. The MBBS tags can resist high temperatures, pressures, chemicals and similar conditions where other tags would fail. These capabilities are an ideal fit for the harsh environments found in our existing customer markets where a wide range of potential new applications for this technology exists."
Gemperli continued, "Especially small in size, these tags can be inserted directly into parts and other devices to build a permanent and robust tracking system. We believe that this technology, coupled with the market penetration and strength of our established ultra-rugged computer and remote monitoring brands, has the potential to greatly expand our business."
Under the terms of the Agreement, Elecsys will acquire all of MBBS' capital stock from BSN Systems in exchange for 175,000 shares of Elecsys Corporation common stock. Additional performance related consideration may be earned over the next five years. BSN Systems is an investment holding company whose major stockholders include Sandoz FF Holding, S.A. and Techniques d'Avant Garde (TAG) ID, S.A. The acquisition is subject to certain closing conditions and Elecsys expects to close on this purchase by June 16, 2009.
About Elecsys Corporation
Elecsys Corporation tailors specific technology solutions for customers wherever high quality, reliability, and innovation are essential. Elecsys provides electronic design and manufacturing services, custom liquid crystal displays ("LCDs"), ultra-rugged mobile computing devices and wireless remote monitoring solutions to numerous industries worldwide. Markets served include energy infrastructure, aerospace, transportation, logistics, law enforcement, safety, military, medical and other critical industries. Elecsys operates its business through three wholly-owned subsidiaries, DCI, Inc., Radix Corporation and NTG, Inc. For more information, visit http://www.elecsyscorp.com/.
Safe-Harbor Statement
The discussions set forth in this press release may contain forward-looking comments based on current expectations that involve a number of risks and uncertainties. Actual results could differ materially from those projected or suggested in the forward-looking comments. The difference could be caused by a number of factors, including, but not limited to the factors and conditions that are described in Elecsys Corporation's SEC filings, including the Form 10-KSB for the year ended April 30, 2008. The reader is cautioned that Elecsys Corporation does not have a policy of updating or revising forward-looking statements and thus he or she should not assume that silence by management of Elecsys Corporation over time means that actual events are bearing out as estimated in such forward-looking statements.
Investor Relations Contact: Todd A. Daniels
Elecsys Corporation
(913) 647-0158, Phone
(913) 647-0132, Fax
investorrelations@elecsyscorp.com
Media Inquiries Contact: Shelley Bartkoski
Hagen and Partners
(913) 642-3715
sbartkoski@hagenandpartners.com
Elecsys Corporation
CONTACT: Todd A. Daniels, Investor Relations of Elecsys Corporation, +1-913-647-0158, fax, +1-913-647-0132, investorrelations@elecsyscorp.com; or media, Shelley Bartkoski of Hagen and Partners, +1-913-642-3715, sbartkoski@hagenandpartners.com, for Elecsys Corporation
Web Site: http://www.elecsyscorp.com/
Monsanto Commits $1 Million to Sponsor Plant Breeding Fellowships at South Dakota State University
ST. LOUIS and BROOKINGS, S.D., March 19 /PRNewswire-FirstCall/ -- South Dakota State University and Monsanto Company have entered into an agreement to create a new Ph.D. research fellowship program in plant breeding. Monsanto has committed $1 million over five years for the program. The announcement was made today at the Innovation Campus in Brookings, the only university-affiliated research park in South Dakota.
Monsanto has a well-established record of collaborating with research and breeding departments at academic institutions such as SDSU to make new discoveries that will lead to a sustainable agricultural environment for the future, said Robert Fraley, chief technology officer for Monsanto.
"We have been working on developing a program with SDSU for more than a year. We are thrilled to be partnering with the university and helping create and support a robust plant breeding program," Fraley said. "Breeding is one of the key pillars of the research done at Monsanto, and we want to provide the plant breeders and researchers of tomorrow with the best training and widest variety of opportunities."
In 2008, Monsanto announced an ambitious goal to double yields in its core crops of corn, cotton and soybeans by 2030 from a base year of 2000, while reducing by one-third key inputs such as water and energy per unit produced. Maintaining a strong research and development pipeline - supported by a pool of highly-trained researchers and breeders - will be key to meeting that goal, Fraley said.
"We are very proud that Monsanto and farmers hold SDSU's plant breeding program in such high regard. The Monsanto Plant Breeding Fellowships will further advance SDSU's research by providing training in the most modern plant improvement techniques," said Kevin Kephart, vice president of research at SDSU.
The fellowships will enhance SDSU's plant breeding program by helping recruit and train outstanding students from around the globe and that, in turn, helps agriculture in South Dakota, said Sue Blodgett, head of the plant science department at SDSU.
SDSU already has strong applied plant breeding and cultivar development programs. With this program, the university will be able to expand opportunities available to students seeking a science career in agriculture, Blodgett said. It helps increase the available number of applied plant breeders from which the agriculture industry can recruit future employees.
"Our program, along with Monsanto's support and expertise, will give more students the much-needed balance of lab- and field-based research experience that meets the industry's needs," Blodgett said.
The joint program in plant breeding will be ready to accept its first students in fall 2009, Kephart said.
"Agriculture is South Dakota's number one industry," said South Dakota Secretary of Agriculture Bill Even. "New technological advancements are vital in order to meet the challenge of producing the world's food, fiber, feed, and fuel in the twenty-first century. This partnership is an important step toward achieving these goals. When industry and higher education work together on projects like these, good things can happen quickly."
About Monsanto Company
Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world's natural resources such as water and energy. To learn more about our business and our commitments, please visit: http://www.monsanto.com/.
About South Dakota State University
Founded in 1881, South Dakota State University is the state's Morrill Act land-grant institution and its largest, most comprehensive school of higher education. SDSU confers degrees from eight different colleges representing more than 200 majors, minors and options. The institution also offers 23 master's degree programs and 12 Ph.D. programs. The work of the university is carried out on a residential campus in Brookings and at sites in Sioux Falls, Pierre and Rapid City.
CONTACT Riddhi Trivedi-St. Clair (314-694-4490)
Bob Otterson (605-688-4111)
Monsanto Company
CONTACT: Riddhi Trivedi-St. Clair, +1-314-694-4490, or Bob Otterson, +1-605-688-4111, both for Monsanto Company
Web Site: http://www.monsanto.com/
3G Will Dominate Hungary's Mobile Services Market by 2012, Pyramid Research Finds
CAMBRIDGE, Massachusetts, March 19 /PRNewswire/ --
Revenue from 3G-based mobile services will grow rapidly over the next
four years in Hungary and will overtake 2.5G service revenue by 2012 as more
subscribers migrate to broadband mobile data services, according to a new
report from Pyramid Research (www.pyr.com), the telecom research arm of the
Light Reading Communications Network (www.lightreading.com).
"Communications Markets in Hungary" offers a precise, incisive profile of
the country's converged telecommunications, media, and technology sectors
based on proprietary data from our research in the Hungarian market. This
26-page report provides detailed competitive analysis of the fixed and mobile
sectors, tracks the market shares of technologies and services, and monitors
the introduction and spread of new technologies such as WiMaX, IPTV, and
VoIP. This executive study provides a holistic view of the Hungarian
communications market by analyzing key trends, evaluating near-term
opportunities, and assessing upcoming risks factors. Download an excerpt of
this new report here:
http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR031909_CIRH
The telecom market in Hungary generated US$5.2 billion in service revenue
in 2008 and will be worth US$5.6 billion by 2013, notes Sylwia Boguszewska,
analyst at Pyramid Research and co-author of the report. "The competition for
3G and mobile broadband is intensifying among the three mobile operators,
T-Mobile, Pannon, and Vodafone," she says. "3G accounts will increase to 62.1
percent of subscriptions by 2013 from its current 9.8 percent penetration.
Although 2G still dominates the Hungarian market today, it is expected to
disappear by 2013 - with 4G to enter the market in 2010 and take around 2.0
percent of subscriptions by 2013."
The increase in 3G availability will result in higher revenues from
mobile data services, Boguszewska says. "Mobile data's share of the total
revenue will double, increasing from 11.4 percent in 2008 to 20.9 percent in
2013 due to the growing share of broadband, as well as a significant increase
in data ARPS," she explains. "By 2013 non-messaging services, such as
ringtones, games, music, and data cards, will reach 50 percent of all mobile
data revenue, up from 25 percent in 2008," she adds.
Hungary's operators will face increasing competition in light of
consolidation, broadband regulation, and new licensing. "At least two new
mobile telephone service providers may appear in the Hungarian market, with
five operators acquiring additional frequencies, due to the National
Communications Authority of Hungary (NHH) announcement of tenders for a
fourth GSM-UMTS license," says Boguszewska. Pyramid anticipates that
incumbent operator Magyar Telekom's share of the fixed market will decrease
from 62 percent in 2007 to 40 percent in 2013 due to increased competition
and the migration to mobile and broadband. "However, given its strategic
position as the only integrated operator, Magyar Telekom will remain the
dominant player in this market," says Boguszewska.
"Communications Markets in Hungary" is part of Pyramid Research's Europe
Country Intelligence Report Series. Pyramid Research's premium Country
Intelligence Reports are the industry's best available analysis on market
trends, regulatory environments, and competitive dynamics for 60 countries
worldwide.
Download an excerpt of this new report here:
http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR031909_CIRH
"Communications Markets in Hungary" is priced at US$990 and can be
purchased online here:
http://www.pyramidresearch.com/store/CIRHUNGARY.htm?sc=PR031909_CIRH or
through Dave Williams via email at dave.williams@pyr.com or telephone at
+1-858-485-8870.
About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex
demands our clients face in the telecommunications, media, and technology
industries. Our analysis is uniquely positioned at the intersection of
emerging markets, emerging technologies, and emerging business models,
powered by the bottom-up methodology of our market forecasts for over 100
countries - a distinction that has remained unmatched for more than 25 years.
As the telecom research arm of the Light Reading Communications Network,
Pyramid Research works with Heavy Reading, providing the communications
industry's most comprehensive market data, trusted research, and insightful
technology analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading
online media, research, and focused event company serving the US$3 trillion
worldwide communications market. Lightreading.com is the ultimate source for
technology and financial analysis of the communications industry, leading the
media sector in terms of traffic, content, and reputation. Light Reading's
research arms, Heavy Reading and Pyramid Research, provide the most
comprehensive communications research, market data, and technology analysis
in close to 100 markets around the world. Light Reading produces nearly 20
targeted communications events including TelcoTV, Ethernet Expo New York and
Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as
focused one-day events tailored for cable, mobile, and wireline executives.
Light Reading was acquired by United Business Media in August 2005 and
operates as a unit of TechWeb.
About TechWeb
TechWeb (http://techweb.com/aboutus), the global leader in business
technology media, is an innovative business focused on serving the needs of
technology decision-makers and marketers worldwide. TechWeb produces the most
respected and consumed media brands in the business technology market. Today,
more than 13.3 million* business technology professionals actively engage in
our communities created around our global face-to-face events, Interop, Web
2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network,
Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and
The Financial Technology Network; and the market leading, award-winning
InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street &
Technology magazines. TechWeb also provides end-to-end services including
next-generation performance marketing, integrated media, research, and
analyst services. TechWeb is a division of United Business Media, a global
provider of news distribution and specialist information services with a
market capitalization of more than US$2.5 billion.
*13.3 million business decision-makers: based on number of monthly
connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information
distribution, targeting and monitoring; and, the development and monetization
of B2B communities and markets. UBM's businesses inform markets and serve
professional commercial communities - from doctors to game developers, from
journalists to jewelry traders, from farmers to pharmacists - with integrated
events, online, print and business information products. Our 6,500 staff in
more than 30 countries are organized into specialist teams that serve these
communities, bringing buyers and sellers together, helping them to do
business and their markets to work effectively and efficiently. For more
information, go to http://www.unitedbusinessmedia.com.
Press contact:
Jennifer Baker
+1-617-871-1910
jbaker@pyr.com
Pyramid Research
Jennifer Baker, +1-617-871-1910, jbaker@pyr.com
National Semiconductor Acquires Act Solar, Extending Its Solar Energy Efficiency and Management Capabilities
SANTA CLARA, Calif., March 19 /PRNewswire-FirstCall/ -- National Semiconductor Corp. announced today it has acquired Act Solar, Inc. a privately held solar energy company that provides power optimization solutions for commercial and utility-scale solar installations.
With the acquisition of Act Solar, National expands its portfolio of power optimization technologies along with the acquisition of new diagnostics and panel monitoring capabilities for solar arrays.
"National Semiconductor is applying its 'PowerWise' capabilities to drive new energy generation and efficiency initiatives in the solar panel marketplace," said Mike Polacek, senior vice president of National's Key Market Segments. "Now with Act Solar we can further improve the performance and efficiency of solar systems, at the same time providing monitoring capabilities not available before. This will make solar installations more efficient and ultimately reduces the cost of solar energy for everyone."
National's SolarMagic(TM) technology enhances the efficiency and output of solar arrays when the panels are affected by mismatch issues including shade, debris, different panel types, and panel aging. Panel mismatch can disproportionately impact the output of a solar installation. For example, an entire solar array's energy output can be reduced by half if just 10 percent of one solar panel is shaded by a tree, chimney or rooftop vent. Recent internal testing showed that National's SolarMagic power optimizers recovered 57 percent of power lost due to shade, thereby enhancing the solar installation's output and efficiency. SolarMagic power optimizers begin shipping this spring.
Act Solar now becomes part of the SolarMagic family. Its products improve array performance by 6 to 11 percent using patent-pending technology, complementing central inverters by dynamically re-circulating small amounts of energy as needed. The balance of the array is maintained, assuring maximum power output. The technology utilizes a revolutionary technique for power tracking, which works by injecting energy into the string as opposed to traditional DC-DC voltage converting approaches. Early field tests and historical modeling have shown that this solution can cumulatively deliver 40 to 80 percent more power over the operating life of a solar panel installation.
About National Semiconductor
National Semiconductor creates energy-efficient analog and mixed-signal semiconductors. Its PowerWise(R) products enable systems that consume less power, extend battery life, and generate less heat. Headquartered in Santa Clara, Calif., National reported sales of $1.89 billion for fiscal 2008 which ended May 25, 2008. Additional company and product information is available at http://www.national.com/.
About Act Solar
Act Solar is a power management technology company that provides optimization solutions for solar installations. Its flagship product, PowerString(TM), improves the performance, operation and longevity of solar power plants. Headquartered in Santa Clara, California, Act Solar was founded in 2006 by an experienced team of Silicon Valley professionals focused on making solar arrays more productive, competitive, and a mainstream source of energy in the world market. For more information,
visit: http://www.actsolar.com/.
Media Contact: Financial:
LuAnn Jenkins Mark Veeh
National Semiconductor National Semiconductor
(408) 721-2440 (408) 721-5007
luann.jenkins@nsc.com invest.group@nsc.com
National Semiconductor Corp.
CONTACT: Media, LuAnn Jenkins, +1-408-721-2440, luann.jenkins@nsc.com, or Financial, Mark Veeh, +1-408-721-5007, invest.group@nsc.com, both of National Semiconductor
Web Site: http://www.national.com/
Harris Corporation Demonstrates Unity XG(TM)-100 Multiband Software-Defined Radio for Public Safety CommunicationsNew Radio Provides Full-Spectrum Interoperability to Federal, State, and Local Agencies; Deliveries to Begin Later This Year
LAS VEGAS, March 19 /PRNewswire-FirstCall/ -- (IWCE Booth #1150) -- Harris Corporation , an international communications and information technology company, is demonstrating the first in a family of radios designed to deliver interoperable communications among federal, state, local, and tribal government agencies. The demonstration will take place March 18-20 at the IWCE Exhibition and Conference in Las Vegas.
At IWCE, Harris is conducting the first live demonstrations of the Unity(TM) XG-100, which delivers instantaneous, direct communications over public safety frequency bands from 136 to 870 MHz. Because the Unity XG-100 is a full-spectrum radio, it enables emergency personnel to communicate directly without having to carry multiple radios or route transmissions through ad-hoc network bridges. Currently, U.S. public safety communicators use single-banded radios, creating instances where agencies responding to a common incident cannot talk to each other.
"The demonstration of the Unity XG-100 highlights the power of multiband communications, a technology that Harris has pioneered for both military and public safety customers," said George Helm, vice president and general manager, Public Safety and Government Business, Harris RF Communications. "The Unity XG-100 allows first responders and other agencies to talk to each other directly, without having to navigate work-around systems. This brings improved safety and results in better coordination and cooperation in the field. We have made outstanding progress since entering the field, and are seeing significant customer interest in purchasing our multiband radios."
Harris has launched a number of field trials for Unity, including an extensive testing and development agreement with public safety agencies in Monroe County, New York. It has also conducted demonstrations of its public safety communications capabilities in Los Angeles, and has tests underway in several jurisdictions in the New York City metropolitan area. Earlier this year, Harris was awarded a blanket purchase agreement (BPA) to provide land mobile radios to the U.S. Departments of Interior, Agriculture, and FBI Training Academy.
The Unity XG-100 multiband radio -- comparable in size and weight to currently fielded single-band radios -- will be fully compliant with the APCO Project 25 technical standard in both conventional and trunking modes. Harris is currently working with law enforcement in several states to arrange field tests. The company expects to begin taking orders as soon as this summer.
Harris introduced the first multiband radio for public safety -- the RF-1033M -- that targets the needs of federal first responders. The Unity XG-100 expands on the capabilities of the RF-1033M, and extends the frequency range to cover the 700/800 MHz bands.
The multiband capability of the radio will allow public safety agencies to phase-in their transitions to new networks, including the newly available 700 MHz frequency band. The Unity XG-100 is also easily upgradeable via software updates to support evolving P25 standards, future capabilities, and changing or evolving standards.
Harris RF Communications is the leading global supplier of secure radio communications products and systems for military, government, and commercial organizations. The company's Falcon family of software-defined tactical radio products and systems include manpack, handheld, vehicular, strategic fixed-site, and shipboard applications. Falcon III is the next-generation of radios developed to address the U.S. military's Joint Tactical Radio System (JTRS) requirements.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of $5.4 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/.
Harris Corporation
CONTACT: Kevin Aman, RF Communications, +1-585-241-8186, Kevin.Aman@harris.com, or Jim Burke, Corporate Headquarters, +1-321-727-9131, Jim.Burke@harris.com
Web Site: http://www.harris.com/
Verizon Wireless Ranks Highest in Call Quality in Mid-Atlantic Region in J.D. Power and Associates Call Quality Study Volume 1
WARREN, N.J., March 19 /PRNewswire/ -- Verizon Wireless, operator of the nation's largest and most reliable wireless network, today announced that the company has been recognized for the "Highest Call Quality Performance Among Wireless Cell Phone Users in the Mid-Atlantic region," which includes the New York/New Jersey Metro area, in the J.D. Power and Associates 2009 Wireless Call Quality Performance Study(SM) Volume 1.
The semi-annual study measures wireless call quality based on seven problem areas that impact overall carrier performance: dropped calls; static/interference; failed connection on the first try; voice distortion; echoes; no immediate voicemail notification; and no immediate text message notification.
"Our reputation as the provider with the most reliable wireless network is a result of our continued investment in this region to the tune of more than $238 million last year and more than a $2.2 billion since the company was formed," said Pat Devlin, regional president. "A wireless phone is only as good as the network it runs on, so we constantly monitor and improve our network so that our customers can not only make calls, but stay connected and experience a quality call from start to finish."
Verizon Wireless' 'nation's most reliable wireless network' claim is based on network studies performed by real-life test men and test women who inspired the company's national advertising campaign. In 2008, these engineers conducted more than three million voice call attempts and more than 22 million data tests on the Verizon Wireless network and other national wireless carriers' networks while traveling almost one million miles across the nation.
Verizon Wireless has invested more than $50 billion since it was formed -- $5.5 billion on average every year -- to expand the coverage and capacity of its premier nationwide network and to add new services. In each of the last four years, Verizon Wireless invested $6.5 billion or more to expand and advance its network.
For more information about Verizon Wireless visit http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 80 million customers. Headquartered in Basking Ridge, N.J., with more than 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, visit http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Howard Waterman of Verizon Wireless, +1-973-656-7370, Howard.Waterman@verizonwireless.com; or Lynette Viviani for Verizon Wireless, +1-973-968-7929, Lynette.viviani@vivianipr.com
Web Site: http://www.verizonwireless.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
3G Will Dominate Hungary's Mobile Services Market by 2012, Pyramid Research Finds
CAMBRIDGE, Mass., March 19 /PRNewswire/ -- Revenue from 3G-based mobile services will grow rapidly over the next four years in Hungary and will overtake 2.5G service revenue by 2012 as more subscribers migrate to broadband mobile data services, according to a new report from Pyramid Research (http://www.pyr.com/), the telecom research arm of the Light Reading Communications Network (http://www.lightreading.com/).
"Communications Markets in Hungary" offers a precise, incisive profile of the country's converged telecommunications, media, and technology sectors based on proprietary data from our research in the Hungarian market. This 26-page report provides detailed competitive analysis of the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies such as WiMaX, IPTV, and VoIP. This executive study provides a holistic view of the Hungarian communications market by analyzing key trends, evaluating near-term opportunities, and assessing upcoming risks factors. Download an excerpt of this new report here: http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR031909_CIRH
The telecom market in Hungary generated $5.2 billion in service revenue in 2008 and will be worth $5.6 billion by 2013, notes Sylwia Boguszewska, analyst at Pyramid Research and co-author of the report. "The competition for 3G and mobile broadband is intensifying among the three mobile operators, T-Mobile, Pannon, and Vodafone," she says. "3G accounts will increase to 62.1 percent of subscriptions by 2013 from its current 9.8 percent penetration. Although 2G still dominates the Hungarian market today, it is expected to disappear by 2013 - with 4G to enter the market in 2010 and take around 2.0 percent of subscriptions by 2013."
The increase in 3G availability will result in higher revenues from mobile data services, Boguszewska says. "Mobile data's share of the total revenue will double, increasing from 11.4 percent in 2008 to 20.9 percent in 2013 due to the growing share of broadband, as well as a significant increase in data ARPS," she explains. "By 2013 non-messaging services, such as ringtones, games, music, and data cards, will reach 50 percent of all mobile data revenue, up from 25 percent in 2008," she adds.
Hungary's operators will face increasing competition in light of consolidation, broadband regulation, and new licensing. "At least two new mobile telephone service providers may appear in the Hungarian market, with five operators acquiring additional frequencies, due to the National Communications Authority of Hungary (NHH) announcement of tenders for a fourth GSM-UMTS license," says Boguszewska. Pyramid anticipates that incumbent operator Magyar Telekom's share of the fixed market will decrease from 62 percent in 2007 to 40 percent in 2013 due to increased competition and the migration to mobile and broadband. "However, given its strategic position as the only integrated operator, Magyar Telekom will remain the dominant player in this market," says Boguszewska.
"Communications Markets in Hungary" is part of Pyramid Research's Europe Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments, and competitive dynamics for 60 countries worldwide.
Download an excerpt of this new report here: http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR031909_CIRH
"Communications Markets in Hungary" is priced at $990 and can be purchased online here: http://www.pyramidresearch.com/store/CIRHUNGARY.htm?sc=PR031909_CIRH or through Dave Williams via email at dave.williams@pyr.com or telephone at +1 858-485-8870.
About Pyramid Research
Pyramid Research (http://www.pyr.com/) offers practical solutions to the complex demands our clients face in the telecommunications, media, and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies, and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries - a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research, and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (http://www.lightreading.com/) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About TechWeb
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on number of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/.
Press contact:
Jennifer Baker
+1 617 871-1910
jbaker@pyr.com
Pyramid Research
CONTACT: Jennifer Baker, +1-617-871-1910, jbaker@pyr.com
Web Site: http://www.pyr.com/
Image Sensing Systems Names New Member to Board of Directors
SAINT PAUL, Minn., March 19 /PRNewswire-FirstCall/ -- Image Sensing Systems, Inc. (ISS) , announced today it has appointed James W. Bracke to its Board of Directors. The board expects to nominate Mr. Bracke for election by the shareholders at the upcoming Annual Meeting of Shareholders to be held in May.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO)
Mr. Bracke was President, CEO and a director of publicly-held Lifecore Biomedical, Inc. from 1983 to 2004. He is currently President of Boulder Creek Consulting and a director for NASDAQ-listed HickoryTech Corporation. Mr. Bracke holds a doctoral degree from the University of Iowa.
Jim Murdakes, Chairman, said, "We are pleased to have Jim join our board. His background in executive management and experience on other boards will be a valued addition to ISS."
Among other assignments, Mr. Bracke has been named a member of the audit committee. We anticipate that his participation will bring the company back into NASDAQ compliance under its Marketplace Rule 4350, which requires that our audit committee be comprised of at least three independent directors.
About Image Sensing
Image Sensing Systems, Inc. is a technology company focused in infrastructure productivity improvement through the development of software-based detection solutions for the Intelligent Transportation Systems (ITS) sector and adjacent overlapping markets. ISS' industry leading computer-enabled detection (CED) products, including the Autoscope(R) machine-vision family and the RTMS(R) radar family, combine embedded software signal processing with sophisticated sensing technologies for use in transportation, environmental and safety/surveillance management. CED is a group of technologies in which software, rather than humans, examines the outputs of complex sensors to determine what is happening in the field of view in real-time. With more than 90,000 instances sold in over 60 countries worldwide, our depth of experience coupled with breadth of product portfolio uniquely positions us to provide powerful hybrid technology solutions and to exploit the convergence of the traffic, security and environmental management markets. We are headquartered in St. Paul, Minnesota. Visit us on the web at imagesensing.com.
Photo: http://www.newscom.com/cgi-bin/prnh/20050512/CGISSLOGO http://photoarchive.ap.org/ photodesk@prnewswire.com
Image Sensing Systems, Inc.
CONTACT: Greg Smith, Chief Financial Officer of Image Sensing Systems, Inc., +1-651-603-7700
Web Site: http://www.imagesensing.com/
delSECUR Corporation Announces Changes to the Company's Board of Directors and Senior Management Team
S. BURLINGTON, Vt., March 19 /PRNewswire-FirstCall/ -- delSECUR Corporation (Pink Sheets: DLSC) announces the following election of Directors following a "Consent vote of Shareholders" in lieu of an Annual General Shareholders Meeting held on February 13th, 2009.
J. Randall McCormick, of Montreal, QC
Berge Heede, of South Carolina, USA
Vincent Donnelly, of Vermont, USA
Marc Descheneaux, of Montreal, QC
Eric Beaulieu, of Montreal, QC
While Mr. McCormick, Mr. Heede, and Mr. Donnelly gave their immediate consent and acceptance of their election, Mr. Descheneaux and Mr. Beaulieu declined.
The new board, immediately following their election, made the following appointments as OFFICERS of the CORPORATION
Mr. Berge Heede, President & CEO
Mr. Randall McCormick, Treasurer and Chief Financial Officer
Mr. Vincent Donnelly, Secretary
In a subsequent board meeting held on February 23rd, 2009 the board accepted the resignation of Marc Descheneaux. As a result it was resolved by the board that Mr. Descheneaux will cease to function as an employee as well as a Director of delSECUR Corporation.
It was also resolved that Mr. Lorenzo D'Alesio be elected to the board of directors to fill one of the vacancies and also was appointed by the Board of Directors as Vice-President, Technology Research and Development.
With the new management team in place Mr. Heede, as new President, stated that, "I am confident with this restructure of new Officers, Directors, and Management of delSECUR we will be able to realize the full potential of the company and its technology and are already busy at work taking the necessary steps to take the company to new heights."
delSECUR, a publicly traded company (DLSC.PK) headquartered in S. Burlington, VT, is a technology development company of a unique authentication process based on abstract images of biological data collected from the fingers of living persons.
For further information contact us at: investorrelations@delsecur.com.
Information contained in this news release other than historical information, should be considered forward-looking and is subject to various risk factors and uncertainties. For instance, the strategies and operation of delSECUR Corporation involve risks of competition, changing market conditions, changes in laws and regulation affecting these industries and numerous other factors discussed in this release and in the Company's filings with the Securities and Exchange Commission. Accordingly, actual results may differ materially from those in any forward-looking statements.
delSECUR Corporation
CONTACT: delSECUR Corporation Investor Relations, +1-514-651-6610, investorrelations@delsecur.com
Gameloft: Current Operating Income of EUR3.3M, up 15% and in Line With Expectations
PARIS, March 19 /PRNewswire-FirstCall/ -- 2008 Annual Results
Gameloft's financial statements for the year ending 31 December 2008 break down as follows:
In EURM 2008 2007
Turnover 110.3 96.1
Other Income 0.3 0.0
Cost of goods sold (11.1) (9.0)
R&D (57.6) (51.8)
Sales & Marketing (30.1) (23.9)
Administration (9.2) (7.6)
Other income and expenses 0.7 (0.8)
Current operating income* 3.3 2.9
Stock-based compensation (2.7) (3.0)
Other operational revenues and expenses (0.3) (0.2)
Operating income 0.4 (0.3)
Financial result (1.2) (1.5)
Tax expense (0.9) (2.3)
Group Share Net Income (1.8) (4.1)
*before stock-based compensation
Gameloft achieved consolidated revenues of EUR110.3 million for 2008, up by 15% from the previous year. Mobile games accounted for 93% of the company's annual sales, while the console game business covered the remaining 7%.
The current operating income for 2008 reached EUR3.3 million, up 15% with 2007. The current operation margin stands at 3.0% and is in line with expectations.
The annual impact from expensing stock options is EUR2.7 million. This charge has no impact on the company's equity and cash level.
Interest income amounted to EUR(1.2) million and is mainly comprised of exchange rate losses, due to the high volatility of the American dollar and the Pound Sterling in 2008. Annual net income stands at EUR(1.8) million.
Healthy financial position
Gameloft's financial position is very solid at 31 December 2008. The company's equity stood at EUR49.4 million and net cash was EUR10.7M. Self-financing capacity is largely positive and reached EUR2.4 million over the full year. Gameloft therefore has the financial resources necessary for its international growth strategy.
Main events of 2008
- For the 4th year in a row, Gameloft has reached top rating for the best
mobile game publishers.
- Gameloft now has a catalogue of 27 games for Apple iPhone and iPod
touch. Of these 27 games, 16 are or have made it to the top 10 paid
games, and some games are still in these lists 6 months after their
release.
- Gameloft has sold over two million games on the App Store in just eight
months.
- Gameloft has launched 14 games for Google's Android
- Gameloft's games are the best referenced and the most widely sold on
the Smartphones (the next generation Internet phones) released in 2008
- Gameloft has had a stable staff base since 2007, with 4,000 employees
at the end of 2008, including 3,300 creators.
- New licenses have been added successfully to Gameloft's catalogue, such
as Spiderman, Terminator Salvation, Ferrari, NBA, The Oregon Trail.
- The brands created by Gameloft generated 61% of the company's downloads
in 2008
- Gameloft further consolidated its distribution network in 2008, and now
has over 180 operators and over 150 affiliates distribute our games in
more than 80 countries throughout the world.
Outlook for 2009
With activity up by 15% in 2008 and especially by 31% in the last quarter, Gameloft seems to be weathering the worldwide economic slowdown quite well:
- Gameloft is probably the player that has benefitted most from the
innovations introduced by historical phone manufacturers such as Nokia
and Samsung and from the arrival of new dynamic players in the market
such as Apple and Google
- Gameloft continues to win over substantial market shares in Smartphones
along with traditional Java and Brew phones
- Gameloft is one of the very rare players in the market that has the
resources and know-how allowing it to be present systematically at the
launch of all the new consoles with downloading platforms (PlayStation
Network, PSP Store, Nintendo WiiWare, etc).
Gameloft is expecting growth in 2009 in terms of sales as well as in terms of profitability.
Sales for the first quarter of 2009 will be published on April 28, 2009 after the close.
Disclaimer
This press release may contain estimated financial data, information on future operations and projects, and on future economic performance. These projected items are provided on the basis of a forecast. They are subject to market risks and uncertainties and can vary substantially with the actual results that will be published. Estimated financial data was presented at the Board of Directors and has not been reviewed by the Auditors. (Additional information is provided in Gameloft's latest Reference Document, filed on June 6, 2008 with the Autorite des marches financiers [French Financial Services Authority]).
About Gameloft
Gameloft designs video games for the iPhone, iPod touch, all smart phones and mobile phones, Nintendo Wii Ware and Nintendo DSi, Microsoft's Xbox LIVE Arcade, Sony PSP Store and Sony PlayStation Network.
Fully designed and developed internally, Gameloft's games enjoy scores awarded by specialized media exceeding 79%, year after year. As such, Gameloft is recognized as the best developer in the industry.
All of the games are available through digital distribution. Thanks to agreements with all of the main telecom operators, phone manufacturers and specialized distributors, as well as its http://www.gameloft.com/ shop, Gameloft's games are available in 80 countries.
Partnership agreements with major licensors such as Ubisoft Entertainment, Universal Pictures, ABC, Touchtone Television, Dreamworks Animations SKG, Endemol, 20th Century Fox, Viacom, Sony Pictures, Warner Bros., FIFPro, Ferrari, Roland-Garros, Gus Hansen, Kobe Bryant, Derek Jeter, Robinho, Reggie Bush, Chuck Norris, Patrick Vieira, Christophe Dominici and Jonny Wilkinson allow Gameloft to associate its games with strong international brands. In addition to these brands, Gameloft has its own brands, such as Block Breaker Deluxe, Asphalt: Urban GT and New York Nights.
Gameloft has locations in New York, San Francisco, Seattle, Montreal, Mexico, Buenos Aires, Bogota, Caracas, Sao Paulo, Santiago, Paris, London, Dusseldorf, Copenhagen, Milan, Madrid, Lisbon, Vienna, Warsaw, Bucharest, New Delhi, Kuala Lumpur, Jakarta, Peking, Tokyo, Hong Kong, Seoul, Singapore and Sydney.
Gameloft is listed in Compartment B of the Paris Stock Exchange (ISIN: FR0000079600, Bloomberg: GFT FP, Reuters: GLFT.PA).
P&L (in thousands of euros) 2008 2007
Revenues 110 332 96 071
Other revenue from the activity (excluding
capitalized R&D) 259 40
Cost of sales -11 129 -9 036
R&D (including capitalized R&D) -57 568 -51 809
Sales and Marketing -30 068 -23 898
Administration -9 196 -7 637
Other operating income and expenses 714 -834
Current operating income* 3 344 2 897
Stock-based compensation -2 696 -2 995
Other income and expenses -295 -168
Operating income 352 -267
Cost of net financial indebtedness 197 620
Interest income 5 033 3 078
Interest expense -6 458 -5 197
Financial result -1 228 -1 499
Income Tax -933 -2 315
Net income -1 809 -4 080
. Group's share -1 809 -4 080
Income per share -0,02 -0,06
Diluted income per share -0,02 -0,05
BALANCE SHEET (in thousands of euros) 31/12/2008 31/12/2007
ASSETS
Net intangible fixed assets 11 228 7 154
Net tangible fixed assets 5 083 5 345
Non-current financial assets 2 674 2 288
Other non-current assets 1 950 627
Total non-current assets 20 935 15 413
Inventory 2 428 70
Client receivables 35 143 30 485
Investment securities 2 507 6 266
Cash 8 967 7 794
Other current assets 7 001 5 929
Total current assets 56 046 50 544
TOTAL ASSETS 76 981 65 957
LIABILITIES
Capital 3 680 3 653
Issue premium 63 790 62 860
Reserves -16 225 -15 240
Result -1 809 -4 080
Shareholders' equity 49 436 47 194
Non-current liabilities 1 298 1 224
Current liabilities 26 247 17 539
TOTAL LIABILITIES 76 981 65 957
CASH FLOW STATEMENT (in thousands euros) 2008 2007
Operating transactions
Net income -1 809 -4 080
Depreciation of tangible and intangible
fixed assets 10 283 6 852
Variation of provisions 1 120 48
Result from stocks options and assimilated 2 696 2 995
Variations in deferred taxes and taxes
paid -568 1 190
Sales of assets 384 345
Capitalized R&D expense -5 962 -3 537
License acquisition -3 751 -3 843
Self-financing capacity 2 393 -29
Change in stocks -2 359 41
Change in operating receivables -7 053 -4 782
Change in operating debts 5 811 3 265
Change in the working capital requirement -3 601 -1 476
Operating cash flow -1 208 -1 505
Transactions linked to investments
Acquisitions of intangible fixed assets -662 -169
Acquisitions of tangible fixed assets -2 796 -4 539
Acquisition of other fixed financial
assets -371 -1 822
Acquisition of controlling interests -352 -64
Repayment of loans and other capital 441 501
assets
Change in scope 120 -113
Other transactions 74 1
Total transactions linked to investments -3 546 -6 206
Transactions from financing
Reimbursement of loans -42 -136
Capital increase 27 115
Increase in the issue premium 930 4 268
Change in shareholders' current accounts 1 0
Total flows from financing transactions 916 4 248
Change in cash flow -3 838 -3 463
Net cash flow at the beginning of the year 13 938 18 660
Impact of conversion differentials 649 -1 259
Net cash flow at the end of the year 10 748 13 938
Contact:
Anne-Laure Descleves
Head of Communications
Tel +33-1-5816-2082
anne-laure.descleves@gameloft.com
For more information, go to http://www.gameloft.com/
Follow the Group's news on http://twitter.com/Gameloft
Follow our financial information on http://twitter.com/Gameloft_IR
Media, follow our press information on http://twitter.com/Gameloft_IR
Gameloft
CONTACT: Contact: Anne-Laure Descleves, Head of Communications, Tel +33-1-5816-2082, anne-laure.descleves@gameloft.com
ATK Delivers Final Hardware for Ares I-X Test Flight to Kennedy Space CenterTrain Carrying Four Motor Segments Completes Cross-Country TripAres I-X is First Test Flight Paving Way for Rocket That Will Replace Space Shuttle Fleet
KENNEDY SPACE CENTER, Fla., March 19 /PRNewswire-FirstCall/ -- The train carrying Alliant Techsystems' four Ares I-X motor segments arrived today at NASA's Kennedy Space Center, bringing together all of the final hardware required for the upcoming test flight this summer. The reusable segments departed from ATK's facility in Corinne, Utah, Thursday, March 12 on their seven-day, 2,917-mile trip to Florida.
The segments were originally produced for the space shuttle and later transferred to the Ares I-X mission, providing cost savings and mission assurance. The segments were instrumented at ATK's Promontory facility with more than 100 channels of data. Designed to be interchangeable and reusable, the solid booster cases on Ares I-X have supported 30 different shuttle missions during 16 years of successful space flight experience. Shuttle flight-proven cases will also be reused on the Ares I first stage.
"This is a historic moment for NASA, ATK, and our country," said Charlie Precourt, ATK vice president of Space Launch Systems. "This test flight is the first step as we embark on a new journey of space exploration, but it is a step taken with a long heritage of experience as our guide."
The Ares I-X first stage uses a four-segment solid rocket motor, capable of generating 3.3 million pounds of thrust. The motor provides the propulsion for the vehicle from liftoff to stage separation 120 seconds into the flight. The motor has a distinctive "Z stripe" paint design that enhances the ability of the test team to observe rolling motions during ascent, and tumbling motions during separation and deployment of the parachute. This will provide valuable flight data for NASA to verify models for the Ares I program.
To replicate the size and shape of the entire Ares I crew launch vehicle, the Ares I-X booster will launch with a fifth segment simulator; a newly developed forward skirt, forward skirt extension, and frustum; as well as simulated upper stage, Orion crew capsule, and launch abort system. The Ares I first stage recovery system will also be tested when the parachute system deploys during the Ares I-X flight test.
"With the arrival of the segments, we have achieved a tremendous milestone," said Bob Ess, NASA's mission manager for Ares I-X. "This is the culmination of years of hard work and dedication by NASA and contractor teams throughout the country."
The segments will be transferred to the Rotation Processing and Surge facility at Kennedy for final processing and integration. The stacking operations are scheduled to begin in the Vehicle Assembly Building in April.
This test flight will provide NASA an early opportunity to test and prove hardware, facilities and ground operations associated with the Ares I crew launch vehicle. It will also enable NASA to gather critical data during the ascent of the integrated Orion crew exploration vehicle and the Ares I rocket.
ATK is a premier aerospace and defense company with more than 17,000 employees in 21 states and $4.5 billion in revenue. News and information can be found on the Internet at http://www.atk.com/.
Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: assumptions related to the development of the Ares I program; changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.
Media Contact: Investor Contact:
Jessica Rye Jeff Huebschen
Phone: 321-474-0364 Phone: 952-351-2929
E-mail: jessica.rye@atk.com E-mail: jeff.huebschen@atk.com
ATK
CONTACT: Media, Jessica Rye, +1-321-474-0364, jessica.rye@atk.com, or Investors, Jeff Huebschen, +1-952-351-2929, jeff.huebschen@atk.com, both of ATK
Web Site: http://www.atk.com/
3G Will Dominate Hungary's Mobile Services Market by 2012, Pyramid Research Finds
CAMBRIDGE, Mass., March 19 /PRNewswire/ -- Revenue from 3G-based mobile services will grow rapidly over the next four years in Hungary and will overtake 2.5G service revenue by 2012 as more subscribers migrate to broadband mobile data services, according to a new report from Pyramid Research (http://www.pyr.com/), the telecom research arm of the Light Reading Communications Network (http://www.lightreading.com/).
"Communications Markets in Hungary" offers a precise, incisive profile of the country's converged telecommunications, media, and technology sectors based on proprietary data from our research in the Hungarian market. This 26-page report provides detailed competitive analysis of the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies such as WiMaX, IPTV, and VoIP. This executive study provides a holistic view of the Hungarian communications market by analyzing key trends, evaluating near-term opportunities, and assessing upcoming risks factors. Download an excerpt of this new report here: http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR031909_CIRH
The telecom market in Hungary generated $5.2 billion in service revenue in 2008 and will be worth $5.6 billion by 2013, notes Sylwia Boguszewska, analyst at Pyramid Research and co-author of the report. "The competition for 3G and mobile broadband is intensifying among the three mobile operators, T-Mobile, Pannon, and Vodafone," she says. "3G accounts will increase to 62.1 percent of subscriptions by 2013 from its current 9.8 percent penetration. Although 2G still dominates the Hungarian market today, it is expected to disappear by 2013 - with 4G to enter the market in 2010 and take around 2.0 percent of subscriptions by 2013."
The increase in 3G availability will result in higher revenues from mobile data services, Boguszewska says. "Mobile data's share of the total revenue will double, increasing from 11.4 percent in 2008 to 20.9 percent in 2013 due to the growing share of broadband, as well as a significant increase in data ARPS," she explains. "By 2013 non-messaging services, such as ringtones, games, music, and data cards, will reach 50 percent of all mobile data revenue, up from 25 percent in 2008," she adds.
Hungary's operators will face increasing competition in light of consolidation, broadband regulation, and new licensing. "At least two new mobile telephone service providers may appear in the Hungarian market, with five operators acquiring additional frequencies, due to the National Communications Authority of Hungary (NHH) announcement of tenders for a fourth GSM-UMTS license," says Boguszewska. Pyramid anticipates that incumbent operator Magyar Telekom's share of the fixed market will decrease from 62 percent in 2007 to 40 percent in 2013 due to increased competition and the migration to mobile and broadband. "However, given its strategic position as the only integrated operator, Magyar Telekom will remain the dominant player in this market," says Boguszewska.
"Communications Markets in Hungary" is part of Pyramid Research's Europe Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments, and competitive dynamics for 60 countries worldwide.
Download an excerpt of this new report here: http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR031909_CIRH
"Communications Markets in Hungary" is priced at $990 and can be purchased online here: http://www.pyramidresearch.com/store/CIRHUNGARY.htm?sc=PR031909_CIRH or through Dave Williams via email at dave.williams@pyr.com or telephone at +1 858-485-8870.
About Pyramid Research
Pyramid Research (http://www.pyr.com/) offers practical solutions to the complex demands our clients face in the telecommunications, media, and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies, and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries - a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research, and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (http://www.lightreading.com/) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About TechWeb
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on number of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/.
Press contact:
Jennifer Baker
+1 617 871-1910
jbaker@pyr.com
Pyramid Research
CONTACT: Jennifer Baker, +1-617-871-1910, jbaker@pyr.com
Web Site: http://www.pyr.com/
Playboy and Bondi Digital Publishing Unveil www.playboyarchive.com Searchable Web ArchiveDigital back issues of Playboy available for free viewing
LAS VEGAS, March 19 /PRNewswire-FirstCall/ -- MICROSOFT MIX'09 SHOW -- Playboy Enterprises, Inc. and Bondi Digital Publishing LLC, yesterday went live with the public beta version of http://www.playboyarchive.com/, a website where web viewers can instantly view a collection of digital back issues of Playboy Magazine from each of the years 1954 through 2007 without charge.
In a first for Playboy, readers and fans will be able to go online and instantly browse, search and read a compilation of perfect digital back issues of the magazine, many of which are highly sought-after collectors' items. Each digital issue in the web archive will appear exactly as it did - including advertisements - in the original print edition of Playboy.
"Playboy has an incredibly rich history and an intensely loyal readership," says Hugh M. Hefner, Playboy Founder, Editor-in-Chief and Chief Creative Officer. "This is the perfect opportunity to offer them something they have always wanted and also a great way to allow a whole new generation to easily explore the magazine."
The system loads magazines quickly and users are finding it very easy to navigate. "We are impressed with the way Bondi's digital publishing web platform presents the digital editions - it's fast and easy to use. And the resolution Bondi was able to get makes the reading experience enjoyable," said Leopold Froehlich, Executive Editor.
To bring Playboy to life digitally, Bondi Digital Publishing - the software pioneers that developed the platform for The Complete New Yorker - scanned and re-typed each issue of Playboy. David Anthony, Co-Founder of Bondi noted: "Playboy has been an exceptionally influential part of America's cultural landscape for more than 50 years. We are thrilled to give people a whole new way to explore that history." That sentiment was echoed by Murat Aktar, co-founder of Bondi Digital Publishing who agreed and added: "It has been a five-year effort to get our system onto the Internet, so it is exciting to be getting such positive response from users on the new web platform."
The web component of Bondi's online digital publishing platform was created with the help of super-development house and Microsoft Partner of the Year award winner, Vertigo. The platform offers an end-to-end system for publishing and monetizing back archives of magazines on the web. It was launched and showcased during Microsoft's Mix developers conference in Las Vegas yesterday, and makes extensive use of Microsoft's rich media technology: Silverlight.
ABOUT PLAYBOY ENTERPRISES
Playboy is one of the most recognized and popular consumer brands in the world. Playboy Enterprises, Inc. is a media and lifestyle company that markets the brand through a wide range of media properties and licensing initiatives. The company publishes Playboy magazine in the United States and abroad and creates content for distribution via television networks, websites, mobile platforms, DVD and radio. Through licensing agreements, the Playboy brand appears in more than 150 countries on a wide range of consumer products, entertainment locations and retail stores.
ABOUT BONDI DIGITAL PUBLISHING
Bondi Digital Publishing has extensive experience helping magazine publishers create commercial opportunities from their print archives. Bondi has developed both online and offline software platforms for organizing and viewing vast collections of magazines. Individual issues are presented on our system as exact digital replicas of the print release with all of the rich formatting intact. In addition to being a familiar experience to readers, this allows magazines to release back issues under the original copyright.
Founded in 2004, Bondi set the standard for user-friendly, searchable digital magazine archives when The New Yorker selected the company to develop the software platform behind the Complete New Yorker, an eight DVD-ROM set containing almost 500,000 print pages. In 2007, Bondi published digital archives of the first 40 years of Rolling Stone magazine and it began releasing the complete run of Playboy magazine.
For further information on Bondi, please go to http://www.bondidigital.com/.
Playboy Enterprises, Inc.
CONTACT: David Anthony of Bondi, +1-212-675-7300, danthony@giant-interactive.com; or Phil DiIanni of Playboy, +1-212-261-5051, pdiianni@playboy.com
Gameloft: Current Operating Income of EUR3.3M, up 15% and in Line With Expectations
PARIS, March 19 /PRNewswire-FirstCall/ -- 2008 Annual Results
Gameloft's financial statements for the year ending 31 December 2008 break down as follows:
In EURM 2008 2007
Turnover 110.3 96.1
Other Income 0.3 0.0
Cost of goods sold (11.1) (9.0)
R&D (57.6) (51.8)
Sales & Marketing (30.1) (23.9)
Administration (9.2) (7.6)
Other income and expenses 0.7 (0.8)
Current operating income* 3.3 2.9
Stock-based compensation (2.7) (3.0)
Other operational revenues and expenses (0.3) (0.2)
Operating income 0.4 (0.3)
Financial result (1.2) (1.5)
Tax expense (0.9) (2.3)
Group Share Net Income (1.8) (4.1)
*before stock-based compensation
Gameloft achieved consolidated revenues of EUR110.3 million for 2008, up by 15% from the previous year. Mobile games accounted for 93% of the company's annual sales, while the console game business covered the remaining 7%.
The current operating income for 2008 reached EUR3.3 million, up 15% with 2007. The current operation margin stands at 3.0% and is in line with expectations.
The annual impact from expensing stock options is EUR2.7 million. This charge has no impact on the company's equity and cash level.
Interest income amounted to EUR(1.2) million and is mainly comprised of exchange rate losses, due to the high volatility of the American dollar and the Pound Sterling in 2008. Annual net income stands at EUR(1.8) million.
Healthy financial position
Gameloft's financial position is very solid at 31 December 2008. The company's equity stood at EUR49.4 million and net cash was EUR10.7M. Self-financing capacity is largely positive and reached EUR2.4 million over the full year. Gameloft therefore has the financial resources necessary for its international growth strategy.
Main events of 2008
- For the 4th year in a row, Gameloft has reached top rating for the best
mobile game publishers.
- Gameloft now has a catalogue of 27 games for Apple iPhone and iPod
touch. Of these 27 games, 16 are or have made it to the top 10 paid
games, and some games are still in these lists 6 months after their
release.
- Gameloft has sold over two million games on the App Store in just eight
months.
- Gameloft has launched 14 games for Google's Android
- Gameloft's games are the best referenced and the most widely sold on
the Smartphones (the next generation Internet phones) released in 2008
- Gameloft has had a stable staff base since 2007, with 4,000 employees
at the end of 2008, including 3,300 creators.
- New licenses have been added successfully to Gameloft's catalogue, such
as Spiderman, Terminator Salvation, Ferrari, NBA, The Oregon Trail.
- The brands created by Gameloft generated 61% of the company's downloads
in 2008
- Gameloft further consolidated its distribution network in 2008, and now
has over 180 operators and over 150 affiliates distribute our games in
more than 80 countries throughout the world.
Outlook for 2009
With activity up by 15% in 2008 and especially by 31% in the last quarter, Gameloft seems to be weathering the worldwide economic slowdown quite well:
- Gameloft is probably the player that has benefitted most from the
innovations introduced by historical phone manufacturers such as Nokia
and Samsung and from the arrival of new dynamic players in the market
such as Apple and Google
- Gameloft continues to win over substantial market shares in Smartphones
along with traditional Java and Brew phones
- Gameloft is one of the very rare players in the market that has the
resources and know-how allowing it to be present systematically at the
launch of all the new consoles with downloading platforms (PlayStation
Network, PSP Store, Nintendo WiiWare, etc).
Gameloft is expecting growth in 2009 in terms of sales as well as in terms of profitability.
Sales for the first quarter of 2009 will be published on April 28, 2009 after the close.
Disclaimer
This press release may contain estimated financial data, information on future operations and projects, and on future economic performance. These projected items are provided on the basis of a forecast. They are subject to market risks and uncertainties and can vary substantially with the actual results that will be published. Estimated financial data was presented at the Board of Directors and has not been reviewed by the Auditors. (Additional information is provided in Gameloft's latest Reference Document, filed on June 6, 2008 with the Autorite des marches financiers [French Financial Services Authority]).
About Gameloft
Gameloft designs video games for the iPhone, iPod touch, all smart phones and mobile phones, Nintendo Wii Ware and Nintendo DSi, Microsoft's Xbox LIVE Arcade, Sony PSP Store and Sony PlayStation Network.
Fully designed and developed internally, Gameloft's games enjoy scores awarded by specialized media exceeding 79%, year after year. As such, Gameloft is recognized as the best developer in the industry.
All of the games are available through digital distribution. Thanks to agreements with all of the main telecom operators, phone manufacturers and specialized distributors, as well as its http://www.gameloft.com/ shop, Gameloft's games are available in 80 countries.
Partnership agreements with major licensors such as Ubisoft Entertainment, Universal Pictures, ABC, Touchtone Television, Dreamworks Animations SKG, Endemol, 20th Century Fox, Viacom, Sony Pictures, Warner Bros., FIFPro, Ferrari, Roland-Garros, Gus Hansen, Kobe Bryant, Derek Jeter, Robinho, Reggie Bush, Chuck Norris, Patrick Vieira, Christophe Dominici and Jonny Wilkinson allow Gameloft to associate its games with strong international brands. In addition to these brands, Gameloft has its own brands, such as Block Breaker Deluxe, Asphalt: Urban GT and New York Nights.
Gameloft has locations in New York, San Francisco, Seattle, Montreal, Mexico, Buenos Aires, Bogota, Caracas, Sao Paulo, Santiago, Paris, London, Dusseldorf, Copenhagen, Milan, Madrid, Lisbon, Vienna, Warsaw, Bucharest, New Delhi, Kuala Lumpur, Jakarta, Peking, Tokyo, Hong Kong, Seoul, Singapore and Sydney.
Gameloft is listed in Compartment B of the Paris Stock Exchange (ISIN: FR0000079600, Bloomberg: GFT FP, Reuters: GLFT.PA).
P&L (in thousands of euros) 2008 2007
Revenues 110 332 96 071
Other revenue from the activity (excluding
capitalized R&D) 259 40
Cost of sales -11 129 -9 036
R&D (including capitalized R&D) -57 568 -51 809
Sales and Marketing -30 068 -23 898
Administration -9 196 -7 637
Other operating income and expenses 714 -834
Current operating income* 3 344 2 897
Stock-based compensation -2 696 -2 995
Other income and expenses -295 -168
Operating income 352 -267
Cost of net financial indebtedness 197 620
Interest income 5 033 3 078
Interest expense -6 458 -5 197
Financial result -1 228 -1 499
Income Tax -933 -2 315
Net income -1 809 -4 080
. Group's share -1 809 -4 080
Income per share -0,02 -0,06
Diluted income per share -0,02 -0,05
BALANCE SHEET (in thousands of euros) 31/12/2008 31/12/2007
ASSETS
Net intangible fixed assets 11 228 7 154
Net tangible fixed assets 5 083 5 345
Non-current financial assets 2 674 2 288
Other non-current assets 1 950 627
Total non-current assets 20 935 15 413
Inventory 2 428 70
Client receivables 35 143 30 485
Investment securities 2 507 6 266
Cash 8 967 7 794
Other current assets 7 001 5 929
Total current assets 56 046 50 544
TOTAL ASSETS 76 981 65 957
LIABILITIES
Capital 3 680 3 653
Issue premium 63 790 62 860
Reserves -16 225 -15 240
Result -1 809 -4 080
Shareholders' equity 49 436 47 194
Non-current liabilities 1 298 1 224
Current liabilities 26 247 17 539
TOTAL LIABILITIES 76 981 65 957
CASH FLOW STATEMENT (in thousands euros) 2008 2007
Operating transactions
Net income -1 809 -4 080
Depreciation of tangible and intangible
fixed assets 10 283 6 852
Variation of provisions 1 120 48
Result from stocks options and assimilated 2 696 2 995
Variations in deferred taxes and taxes
paid -568 1 190
Sales of assets 384 345
Capitalized R&D expense -5 962 -3 537
License acquisition -3 751 -3 843
Self-financing capacity 2 393 -29
Change in stocks -2 359 41
Change in operating receivables -7 053 -4 782
Change in operating debts 5 811 3 265
Change in the working capital requirement -3 601 -1 476
Operating cash flow -1 208 -1 505
Transactions linked to investments
Acquisitions of intangible fixed assets -662 -169
Acquisitions of tangible fixed assets -2 796 -4 539
Acquisition of other fixed financial
assets -371 -1 822
Acquisition of controlling interests -352 -64
Repayment of loans and other capital 441 501
assets
Change in scope 120 -113
Other transactions 74 1
Total transactions linked to investments -3 546 -6 206
Transactions from financing
Reimbursement of loans -42 -136
Capital increase 27 115
Increase in the issue premium 930 4 268
Change in shareholders' current accounts 1 0
Total flows from financing transactions 916 4 248
Change in cash flow -3 838 -3 463
Net cash flow at the beginning of the year 13 938 18 660
Impact of conversion differentials 649 -1 259
Net cash flow at the end of the year 10 748 13 938
Contact:
Anne-Laure Descleves
Head of Communications
Tel +33-1-5816-2082
anne-laure.descleves@gameloft.com
For more information, go to http://www.gameloft.com/
Follow the Group's news on http://twitter.com/Gameloft
Follow our financial information on http://twitter.com/Gameloft_IR
Media, follow our press information on http://twitter.com/Gameloft_IR
Gameloft
CONTACT: Contact: Anne-Laure Descleves, Head of Communications, Tel +33-1-5816-2082, anne-laure.descleves@gameloft.com
Verizon Wireless Ranks Highest in Call Quality in Northeast Region in J.D. Power and Associates Call Quality Study Volume 1
WILMINGTON, Mass., March 19 /PRNewswire/ -- Verizon Wireless, operator of the nation's largest and most reliable wireless network, announced today that the company has been recognized for the "Highest Call Quality Performance Among Wireless Cell Phone Users in the Northeast region," which includes Maine, New Hampshire, Vermont, Massachusetts, Connecticut and Rhode Island, in the J.D. Power and Associates 2009 Wireless Call Quality Performance Study(SM) Volume 1.
The semi-annual study measures wireless call quality based on seven problem areas that impact overall carrier performance: dropped calls; static/interference; failed connection on the first try; voice distortion; echoes; no immediate voicemail notification; and no immediate text message notification.
"Verizon Wireless' reputation as the provider with the most reliable wireless network is a result of our continued investment in the New England network -- more than $240 million last year and more than $2.4 billion regionally since 2000," said Ken Dixon, president of Verizon Wireless' New England Region. "A wireless phone is only as good as the network it runs on, so we constantly monitor and improve our network so our customers can not only make calls when and where they want to, but stay connected and experience a quality call from start to finish."
Verizon Wireless' 'nation's most reliable wireless network' claim is based on network studies performed by real-life test men and test women who inspired the company's national advertising campaign. In 2008, these engineers conducted more than three million voice call attempts and more than 22 million data tests on the Verizon Wireless network and other national wireless carriers' networks while traveling almost one million miles across the nation.
Verizon Wireless has invested more than $50 billion since it was formed -- $5.5 billion on average every year -- to expand the coverage and capacity of its premier nationwide network and to add new services. In each of the last four years, Verizon Wireless invested $6.5 billion or more to expand and advance its network.
For more information about Verizon Wireless visit http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 80 million customers. Headquartered in Basking Ridge, N.J., with more than 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, visit http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213, Michael.Murphy(at)verizonwireless.com; or Diane Fortier of Matter Communications for Verizon Wireless, +1-978-499-9250, ext. 225, vzw(at)matternow.com
Web Site: http://www.verizonwireless.com/
R/GA London Launches 'Store of the Future' For ZainAgency Named Lead Digital Partner for Leading Telecommunications Company
NEW YORK, March 19 /PRNewswire/ -- R/GA, the agency for the digital age(TM), is pleased to announce the opening of Zain's flagship store in Bahrain, an interactive retail experience that utilizes the latest in digital technology. Zain is a leading wireless services provider in 23 countries across the Middle East and Africa providing a comprehensive range of mobile voice and data services to 63.54 million active individual and business customers. The digital component of the Zain project was led by R/GA London in collaboration with R/GA's Retail practice.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090319/NY86275 )
(Logo: http://www.newscom.com/cgi-bin/prnh/20060111/NYW098LOGO )
"The flagship store in Bahrain exemplifies how digital technology can propel customer experience to new heights in the retail environment. It truly is the 'store of the future,'" said Bob Greenberg, R/GA's CEO and global chief creative officer. "Zain is an extremely forward-thinking company. To partner with them on this project enabled all of us to create something revolutionary."
Capitalizing on a decade of digital retail experience working with world-class brands such as Nike, Verizon, and Nokia, R/GA partnered with Zain to transform the 350 square meter space into a digitally enhanced customer experience that places information about products and services front and center. The modern store features multiple large-scale LCD and LED installations, world-class customer service centers, and progressive technologies, such as motion sensor screens that change imagery when customers walk by, and "lift triggers," which display product information when customers pick up mobile devices.
"We wanted to create a retail environment unlike any other in the world, an environment that's entirely focused on the ultimate customer experience," said Tito Alai, Zain's commercial director. "Zain's flagship store invites people to explore our products and services in a retail space that's interactive, informative, and entertaining."
In addition, R/GA custom built a rendering engine in Flash to show specialized Zain Arabic fonts. This feature allows customers to read all digital communications in either Arabic or English. Other key features of the flagship store designed by R/GA include:
-- Digital Signage: A 65" LCD Welcome Wall promotes Zain's product
offerings as customers enter the store. In addition, multiple smaller
screens are displayed in several areas throughout the store.
-- "Brand Spine": A massive installation in the center of the store
combining 14 large LCD displays and text LED. Store visitors can text
their messages to the sign and watch synchronized brand images,
ambient signage and dynamic text move across the LCD displays.
-- Customer Queue: Alleviating the need to wait in line, customers can
check in at a touchscreen display and receive a ticket or SMS message
to alert them when a representative is available for checkout. Queue
signage throughout the store lets customers know where their place in
line.
-- Value-Add Service Touch Displays: Ten 42" interactive displays
throughout the store, each describing a different Zain product or
service. Touchscreens allow customers to find out more information.
-- Promo Wall: A 16-screen motion tracking video wall detects customers
walking by and follows their movements with swirling, vibrant motion
graphics. Four mobile devices in front of the display provide
information to customers when lifted from their docking stations.
-- Zain Create: Customers can customize their mobile devices with Zain
phone overlays, beads and other accessories. R/GA's touchscreen tool
allows customers to select from available phone skins and other
available objects. A specialist applies the designs to the customer's
device while they wait.
R/GA has been working with Zain since early 2008 to drive its future digital strategy. All proprietary technologies and digital designs are created by R/GA. R/GA's Retail practice works collaboratively with IPG-sister agency FutureBrand on digital retail efforts for the telecommunications giant.
About R/GA
R/GA (http://www.rga.com/) is a full-service digital agency that transforms the way people interact with brands. A commitment to design, technology, strategy and innovation has defined R/GA's continuing legacy as an iconoclast in the world of communications and marketing. With a holistic range of offerings that includes brand design, mobile and retail, R/GA's agency model is adaptable to the ever-changing needs of consumers in the digital landscape.
Founded in 1977, R/GA has received the most prestigious creative awards for film, broadcast, design, advertising, and interactive. It was selected for Ad Age's Agency "A-List" in 2008 and Creativity's "Interactive Agency of the Year" in 2007. R/GA is part of The Interpublic Group , one of the world's largest advertising and marketing services organizations.
About Zain
Zain is a leading emerging markets player in the field of telecommunications aiming to become one of the top ten mobile operators in the world by 2011. Today it is the 4th largest mobile network in the world in terms of geographic presence with a footprint in 23 countries spread across the Middle East and Africa providing mobile voice and data services to 63.5 million active customers (as of December, 31 2008).
Zain operates in the following countries: Bahrain, Burkina Faso, Chad, the Republic of the Congo, the Democratic Republic of the Congo, Gabon, Ghana, Iraq, Jordan, Kenya, Kuwait, Malawi, Madagascar, Niger, Nigeria, Saudi Arabia, Sierra Leone, Sudan, Tanzania, Uganda and Zambia. In Lebanon, the company manages the network on behalf of the government operating as mtc-touch. The company offers innovative services in its markets such as One Network, the world's first borderless mobile telecommunication network enabling customers to receive and make calls throughout many countries in Africa and the Middle East at free or local rates.
The Zain brand is wholly owned by Mobile Telecommunications Company KSC, which is listed on the Kuwait Stock Exchange (Stock ticker: ZAIN). Zain is listed in the Financial Times' Global 500 Index which ranks the world's largest companies based on market capitalization (http://www.ft.com/reports/ft5002008). For more, please visit http://www.zain.com/ or email info@zain.com.
Photo: http://www.newscom.com/cgi-bin/prnh/20060111/NYW098LOGO NewsCom: http://www.newscom.com/cgi-bin/prnh/20090319/NY86275 PRN Photo Desk, photodesk@prnewswire.com
R/GA
CONTACT: Karen Spiegel of R/GA, +1-212-946-4055, Karen.spiegel@rga.com
Web Site: http://www.rga.com/
Nonprofits in South Carolina Received Nearly $150,000 in 2008 From the Verizon FoundationFunds Helped Support Education, Literacy and Domestic Violence Prevention Initiatives
COLUMBIA, S.C., March 19 /PRNewswire/ -- More than 100 nonprofit groups in South Carolina received nearly $150,000 from the Verizon Foundation in 2008. The grants have enabled the recipient organizations to improve basic literacy skills, create new and diverse approaches to technology-based learning, including Internet safety programs, and help domestic violence survivors rebuild their lives.
In addition, through Verizon Volunteers, one of the nation's largest employee-volunteer programs, Verizon employees and retires volunteered more than 3,000 hours to support nonprofit groups in 2008.
"Verizon has a long-standing tradition of working to improve the communities where we live and work by supporting organizations that strive to make a difference in the lives of individuals," said Stan Bugner, Verizon's vice president for state government affairs. "Through grants and the generous contributions of time and talent from our employees, we are having a positive impact on our communities."
Among the grants that Verizon awarded in 2008, and the recipients, are:
-- Donors Choose -- $5,000 to support innovative literacy classroom
projects through DonorsChoose.org.
-- South Carolina Afterschool Alliance -- $5,000 to support training and
technical assistance and integrate literacy and technology into
after-school programs across the state.
-- Horry County Schools Adult Education -- $8,000 to provide educators
and students in the adult literacy program with an updated classroom
and new software and computers, which are needed to prepare students
for working and living in the 21st century.
-- I-Safe America Inc. -- $5,000 for a partnership between Verizon South
Carolina and I-Safe, which fosters a climate that supports and
promotes safety and security online.
The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of literacy and K-12 education through its free educational Web site, Thinkfinity.org, and fosters awareness and prevention of domestic violence. In 2008, the Verizon Foundation awarded more than $68 million in grants to nonprofit agencies in the U.S. and abroad. It also matched the charitable donations of Verizon employees and retirees, resulting in an additional $26 million in combined contributions to nonprofits. 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 2000. For more information on the foundation, visit http://www.verizonfoundation.org/.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 80 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 nearly 224,000 and last year generated consolidated operating revenues of more than $97 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: CONTACT: Sandra Arnette, +1-410-393-7109, sandra.u.arnette@verizon.com
Web Site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Verizon Business and Cisco Team to Help Enterprises SucceedLarge Businesses and Governments Around the Globe Benefit From Stringent Service Delivery, Customer Satisfaction Standards
BASKING RIDGE, N.J., March 19 /PRNewswire/ -- Verizon Business, a leader in designing and managing Cisco-based communications solutions for large-business and government customers, now has a total of 13 Cisco managed services designations. This further underscores Verizon Business' commitment to industry and market-leading best practices, while helping the company's customers address the complexity of Internet protocol (IP) networks to drive operational performance.
Coveted among managed service providers worldwide, Cisco managed services designations demonstrate to customers that a service provider has the skill set and capabilities necessary to successfully deploy and manage IP-based networks built using Cisco technologies. Verizon Business currently holds six Cisco(R) Powered designations and seven additional managed services designations. Among global service providers, Verizon Business holds one of the broadest sets of Cisco managed services designations.
Verizon Business' managed services designations fall within five strategic areas and include:
-- Managed Connectivity Services - Managed MPLS-VPN, Managed Internet
Services, Managed IP Trunking, Managed Router, Managed IPSec-VPN,
Managed LAN and Managed ATM/Frame Relay.
-- Managed Security Services - Managed Firewall, Managed IDS & IPS and
Managed Secure Router.
-- Managed Unified Communications Services - Managed Business
Communications.
-- Managed Data Center Services - Managed WAAS.
-- Managed Mobile Communications Services - Managed Wireless LAN.
"Obtaining Cisco managed services designations is one more way that we can help customers do more with less in these tough economic times," said Nancy Gofus, senior vice president - global business products, Verizon. "Coupled with our extensive managed-services portfolio and the expertise of our professional-services personnel, these important Cisco designations enable Verizon to work with our enterprise customers to design, deploy and support advanced communications solutions to help enhance employee productivity and drive operational and financial performance."
In addition to providing customers around the globe with a consistent set of Cisco-based capabilities and expertise, the company is poised to secure Cisco Gold certified partner status worldwide in 2009. This will enable Verizon Business to gain access to the full complement of extensive sales, technical and life-cycle training and support services offered by Cisco.
Verizon Business is a Cisco Gold certified partner in North America and achieved a similar status in Europe, the Middle East and Africa in late 2008. The company also expects to achieve certification for the Asia-Pacific region by the end of the first quarter of 2009.
"The combination of Verizon Business and Cisco delivers a powerful set of managed services enabled by an IP next-generation network architecture that helps enterprises control costs, bolster productivity and enhance their competitive advantage in a highly dynamic and challenging economic environment," said Jeffrey Spagnola, vice president of worldwide managed services, Cisco. "Verizon Business' customers gain an additional level of assurance regarding the quality of their managed services enabled by Cisco - services built on the industry's high architectural standards and best practices."
Verizon Business manages 270,000-plus security, network and hosting devices across more than 4,000 customer networks spanning 142 countries and territories, overseeing non-Verizon connections from more than 60 network providers worldwide. Verizon Business' managed network services are backed by industry-leading service-level commitments and the company's award-winning IMPACT management platform.
Verizon Business also offers a standardized set of more than 50 professional-service capabilities in 30 countries around the globe. Delivered through 2,700 specially trained and experienced consultants in five key practice areas - security services, IT services, network integration and engineering, IP communications and contact center services - these services help customers successfully deploy and manage advanced networks and technologies.
About Verizon Business
Verizon Business, a unit of Verizon Communications , is a global leader in communications and IT solutions. We combine professional expertise with the world's most connected IP network to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees - enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments - including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions - rely on our professional and managed services and network technologies to accelerate their business. Find out more at http://www.verizonbusiness.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon Business
CONTACT: Kevin W. Irland, +1-703-886-1117, kevin.w.irland@verizon.com
Web Site: http://www.verizonbusiness.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
InformationWeek Wins min's 2009 Best Virtual EventInformationWeek Business Technology Network's InformationWeek 500 Virtual Event Honored by min's Best of the Web
SAN FRANCISCO, March 19 /PRNewswire/ -- InformationWeek Business Technology Network today announced that its InformationWeek 500 Virtual Event received the min's Best of The Web Award in the category of Virtual Tradeshow or Event. min's Best of the Web Awards is the industry's top honor in the digital space, recognizing outstanding Web sites and digital initiatives among consumer and b2b magazines. The winners were chosen by media market intelligence leaders, min and min's b2b and were honored at an awards breakfast in New York City on March 18, 2009.
InformationWeek, the leader in virtual events and environments, was recognized for the InformationWeek 500 Virtual Event and how the brand presented an editorially driven event using strong virtual technology that delivered compelling content that worked across real and digital platforms. In honoring InformationWeek, min's noted the following characteristics of the InformationWeek 500 Virtual Event that put it in the winner's circle:
-- The merging of the virtual event and the live InformationWeek 500
Conference created an online event that had all the energy, immediacy
and rich social interaction of a real-world exhibit
-- The virtual extension of the live event gave attendees a concentrated
content experience that was more compact and accessible than a live
slow by pulling together presentations from the InformationWeek 500
Conference, the publisher's research, as well as the unique online
presentations and interactive resources
-- The attendee registration for the event exceed original targets by
200% -- a total of 1,160 registrants
"We are extremely honored for being recognized for the unique power of InformationWeek's quality of virtual events," said Martha Schwartz, Vice President, Group Sales, InformationWeek Business Technology Network. "The combination of the InformationWeek brand, a strong and engaged audience, unique editorial perspective with killer content, and a world class execution team makes a significant difference in the value we provide to both our audience and clients."
InformationWeek's Startup City TV and InformationWeek Business Technology Network's bMighty were also honored with honorable mentions in the best B2B video and Virtual Tradeshow or Event categories respectively.
About InformationWeek
InformationWeek (http://www.informationweek.com/) is the anchor brand for the InformationWeek Business Technology Network -- a powerful portfolio of resources that span the technology market, including security with DarkReading.com, storage with ByteandSwitch.com, application architecture with IntelligentEnterprise.com, network architecture with NetworkComputing.com, cloud computing with PlugIntoTheCloud.com, and Internet innovation with InternetEvolution.com. InformationWeek magazine reaches 440,000 business technology professionals at more than a quarter million unique locations. Its mission is to help CIOs and IT executives define and frame their business technology objectives. InformationWeek.com delivers breaking news, blogs, high-impact image galleries, and proprietary research as well as analysis on IT trends, a whitepaper library, video reports, and interactive tools, all in a 24/7 environment.
About TechWeb
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events such as Interop, Enterprise 2.0, Web 2.0, Black Hat and VoiceCon; online resources such as the InformationWeek Business Technology Network, Light Reading, Intelligent Enterprise, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, integrated media, market research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on # of monthly connections across TechWeb brands.
Contact: Ellen Asuncion
Sr. Marketing Manager
InformationWeek Business Technology Network
949-223-3622
easuncion@techweb.com
InformationWeek
CONTACT: Ellen Asuncion, Sr. Marketing Manager of InformationWeek Business Technology Network, +1-949-223-3622, easuncion@techweb.com
Web Site: http://www.informationweek.com/
Gameloft : Résultat opérationnel courant 2008 de 3,3MEUR, en hausse de 15% et en ligne avec les objectifs
PARIS, March 19 /PRNewswire/ -- Résultats annuels 2008
Les comptes de Gameloft pour l'exercice se clôturant au 31 décembre 2008
s'établissent comme suit :
En MEuros 2008 2007
Chiffre d'affaires 110,3 96,1
Autres produits 0,3 0,0
Coûts des ventes -11,1 -9,0
R&D -57,6 -51,8
Ventes & Marketing -30,1 -23,9
Administration -9,2 -7,6
Autres produits & charges 0,7 -0,8
Résultat opérationnel courant* 3,3 2,9
Eléments de rémunération payés en
actions -2,7 -3,0
Autres produits et charges
opérationnelles -0,3 -0,2
Résultat opérationnel 0,4 -0,3
Résultat financier -1,2 -1,5
Charge d'impôt -0,9 -2,3
Résultat net part du Groupe -1,8 -4,1
* avant comptabilisation des éléments de rémunération payés en
actions
Le chiffre d'affaires consolidé de l'exercice 2008 est en
hausse de 15% et s'établit à 110,3MEUR. L'activité jeux mobiles et l'activité
jeux consoles ont représenté respectivement 93% et 7% du chiffre d'affaires
annuel.
Le résultat opérationnel courant de l'exercice 2008 a augmenté de 15% par
rapport à l'exercice 2007. Il s'établit ainsi à 3,3MEUR, soit une marge de
3,0% en ligne avec les objectifs.
La charge annuelle liée aux options d'achat octroyées aux salariés est de
2,7MEUR. Cette charge n'a pas d'incidence sur les fonds propres et la
situation cash de la société.
Le résultat financier est de -1,2MEUR et se compose pour l'essentiel de
pertes de change liées à la forte volatilité du dollar américain et de la
livre sterling lors de l'exercice 2008. Le résultat net annuel s'établit donc
à -1,8MEUR.
Situation Financière saine
La situation financière de Gameloft est très solide au 31
décembre 2008. Les fonds propres de la société atteignent 49,4MEUR et la
trésorerie nette s'établit à 10,7MEUR. La capacité d'autofinancement est
largement positive et atteint 2,4MEUR sur l'ensemble de l'exercice. La
société a donc à sa disposition tous les moyens financiers nécessaires à sa
stratégie de croissance internationale.
Principaux faits de l'année 2008
- Gameloft est en tête du classement des meilleurs éditeurs de jeux
mobiles pour la 4e année consécutive
- Gameloft dispose d'un catalogue de 27 jeux sur l'iPhone et l'iTouch
d'Apple. Sur ces 27 jeux, 16 ont été ou sont classés dans le top 10 des jeux
les plus vendus dont certains depuis plus de 6 mois désormais
- Gameloft a vendu plus de deux millions de jeux sur l'App Store d'Apple
en huit mois.
- Gameloft a lancé 14 jeux pour l'Androïd de Google
- Les jeux de Gameloft sont les mieux référencés et les plus vendus sur
les Smartphones (la nouvelle génération de téléphones Internet) sortis dans
l'année
- Les effectifs de Gameloft sont stables depuis 2007 avec 4,000 employés
fin 2008, dont 3,300 créateurs
- De nouvelles licences se sont ajoutées avec succès au catalogue de
Gameloft, comme Spider-man(R), Terminator(R) Salvation, Ferrari (R), NBA(R),
The Oregon Trail(R)
- Les marques créées par Gameloft ont généré 61% des ventes de la société
en 2008
- Gameloft a encore consolidé son réseau de distribution en 2008, ce sont
désormais plus de 180 opérateurs et plus de 150 affiliés qui distribuent nos
jeux dans plus de 80 pays à travers le monde
Perspectives pour 2009
Avec une activité en hausse de 15% en 2008 et plus
particulièrement de 31% lors du dernier trimestre, Gameloft semble bien
résister au ralentissement économique global:
- Gameloft est probablement l'acteur qui bénéficie le plus des
innovations apportées par les constructeurs de téléphones historiques tels
que Nokia ou Samsung et de l'entrée sur le marché de nouveaux acteurs
dynamiques tels qu'Apple et Google
- Gameloft continue de gagner des parts de marché significatives sur les
Smartphones et les téléphones classiques Java et Brew
- Gameloft est l'un des très rares acteurs du marché ayant les ressources
et le savoir faire lui permettant d'être systématiquement présent au
lancement de toutes les nouvelles consoles ouvertes au téléchargement
(PlayStation Network, PSP Store, Nintendo WiiWare, etc).
La société anticipe donc un exercice 2009 en croissance tant
pour le chiffre d'affaires que pour la rentabilité.
Le chiffre d'affaires du premier trimestre 2009 sera publié le
28 avril 2009 après la clôture.
Disclaimer
Ce communiqué peut contenir des données financières estimées, des
informations sur des projets et opérations futurs, de futures performances
économiques. Ces éléments de projection sont donnés à titre prévisionnel. Ils
sont soumis aux risques et incertitudes des marchés et peuvent varier
considérablement par rapport aux résultats effectifs qui seront publiés. Les
données financières estimées ont été présentées au Conseil d'Administration
et n'ont pas été revues par les Commissaires aux comptes. (Des informations
complémentaires figurent dans le dernier Document de Référence de Gameloft,
déposé le 6 juin 2008 auprès de l'Autorité des marchés financiers).
A propos de Gameloft
Gameloft est un créateur de jeux vidéo pour iPhone, iPod touch,
téléphones mobiles, Nintendo Wii Ware et Nintendo DSi, Microsoft's Xbox LIVE
Arcade, Sony PSP Store et Sony PlayStation Network.
Conçus et développés entièrement en interne, les jeux de
Gameloft obtiennent année après année des notes de medias spécialisés
supérieures à 79%. Gameloft est ainsi reconnu comme le meilleur développeur
de son industrie.
Les jeux sont tous disponibles en distribution numérique.
Grâce à des accords avec l'ensemble des principaux opérateurs télécom, des
fabricants de téléphones, des distributeurs spécialisés ainsi que sa boutique
http://www.gameloft.com, ils sont disponibles dans 80 pays.
Des accords de partenariat avec de grands détenteurs de droits
comme Ubisoft Entertainment, Universal Pictures, ABC, Touchtone Television,
Dreamworks Amimations SKG, Endemol, 20th Century Fox, Viacom, Sony Pictures,
Warner Bros., FIFPro, Ferrari, Roland-Garros, Gus Hansen, Kobe Bryant, Derek
Jeter, Robinho, Reggie Bush, Chuck Norris, Patrick Vieira, Christophe
Dominici ou Jonny Wilkinson permettent à Gameloft d'associer de très fortes
marques internationales à ses jeux. En plus de ces marques, Gameloft possède
ses propres marques comme Block Breaker Deluxe, Asphalt: Urban GT ou New York
Nights.
Gameloft est présent à New York, San Francisco, Seattle,
Montréal, Mexico, Buenos Aires, Bogota, Caracas, Sau Paulo, Santiago, Paris,
Londres, Düsseldorf, Copenhague, Milan, Madrid, Lisbonne, Vienne, Varsovie,
Bucarest, New Dehli, Kuala Lumpur, Jakarta, Pékin, Tokyo, Hong Kong, Séoul,
Singapour et Sydney.
Gameloft est cotée au Compartiment B de la bourse de Paris
(ISIN: FR0000079600, Bloomberg: GFT FP, Reuters: GLFT.PA).
Pour d'avantage d'information, rendez-vous sur http://www.gameloft.com
Suivez l'actualité du groupe sur http://twitter.com/Gameloft
Suivez nos informations financières sur http://twitter.com/Gameloft_IR
Media, suivez nos informations presse sur http://twitter.com/Gameloft_PR
COMPTE DE RESULTAT (en milliers d'euros) 2008 2007
Chiffre d'affaires 110 332 96 071
Autres produits de l'activité (hors R&D
immobilisée) 259 40
Coûts des Ventes -11 129 -9 036
R&D -57 568 -51 809
Ventes et Marketing -30 068 -23 898
Administration -9 196 -7 637
Autres produits & charges d'exploitation 714 -834
Résultat opérationnel courant 3 344 2 897
Eléments de rémunération payés en actions -2 696 -2 995
Autres produits et charges opérationnels -295 -168
Résultat opérationnel 352 -267
Coût de l'endettement financier net 197 620
Produits financiers 5 033 3 078
Charges financières -6 458 -5 197
Résultat financier -1 228 -1 499
Charge d'impôt -933 -2 315
Résultat net -1 809 -4 080
. part du groupe -1 809 -4 080
Résultat par action -0,02 -0,06
Résultat dilué par action -0,02 -0,05
BILAN (en milliers d'euros) 31/12/2008 31/12/2007
ACTIF
Immobilisations incorporelles nettes 11 228 7 154
Immobilisations corporelles nettes 5 083 5 345
Actifs financiers non courants 2 674 2 288
Autres actifs non courants 1 950 627
Total actifs non courants 20 935 15 413
Stocks et en cours 2 428 70
Créances clients 35 143 30 485
VMP 2 507 6 266
Disponibilités 8 967 7 794
Autres actifs courants 7 001 5 929
Total actifs courants 56 046 50 544
TOTAL ACTIF 76 981 65 957
PASSIF
Capital 3 680 3 653
Prime d'émission 63 790 62 860
Réserves -16 225 -15 240
Résultat -1 809 -4 080
Capitaux propres 49 436 47 194
Passifs non courants 1 298 1 224
Passifs courants 26 247 17 539
TOTAL PASSIF 76 981 65 957
TABLEAU DE FINANCEMENT (en milliers 2008 2007
d'euros)
Flux d'exploitation
Résultat net -1 809 -4 080
Amortissement des immobilisations
corporelles et incorporelles 10 283 6 852
Variation des provisions 1 120 48
Résultat lié aux stocks options et
assimilés 2 696 2 995
Variation des impôts différés et impôts
versés -568 1 190
Cessions d'immobilisation 384 345
Frais de R&D immobilisés -5 962 -3 537
Acquisition de licences -3 751 -3 843
Capacité d'autofinancement 2 393 -29
Variation de stocks -2 359 41
Variation des créances d'exploitation -7 053 -4 782
Variation des dettes d'exploitation 5 811 3 265
Variation du BFR -3 601 -1 476
Cash Flow opérationnel -1 208 -1 505
Flux liés aux investissements
Acquisitions d'immobilisations
incorporelles -662 -169
Acquisitions d'immobilisations corporelles -2 796 -4 539
Acquisition d'autres immobilisations
financières -371 -1 822
Acquisition de titres de participations -352 -64
Remboursement des prêts et autres
immobilisations financières 441 501
Variation de périmètre 120 -113
Autres flux 74 1
Total des flux liés aux investissements -3 546 -6 206
Flux des opérations de financement
Remboursement des emprunts -42 -136
Augmentation de capital 27 115
Augmentation de la prime d'émission 930 4 268
Variation des comptes courants des
actionnaires 1 0
Total des flux des opérations de
financemen 916 4 248
Variation de trésorerie -3 838 -3 463
Trésorerie nette à l'ouverture de
l'exercice 13 938 18 660
Incidence des écarts de conversion 649 -1 259
Trésorerie nette à la clôture de
l'exercice 10 748 13 938
Contact:
Anne-Laure Desclèves
Head of Communications
Tel +33-1-5816-2082
Mail anne-laure.descleves@gameloft.com
Gameloft
Contact: Anne-Laure Desclèves, Head of Communications, Tel +331-5816-2082, Mail anne-laure.descleves@gameloft.com
Air Products Increases Quarterly Dividend
LEHIGH VALLEY, Pa., March 19 /PRNewswire-FirstCall/ -- The Board of Directors of Air Products today increased the quarterly dividend on the company's common stock to 45 cents per share from 44 cents.
The dividend is payable on May 11, 2009 to shareholders of record at the close of business on April 1, 2009. This marks the 27th consecutive year that Air Products has increased its dividend payment.
Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of over $10 billion, operations in more than 40 countries, and 21,000 employees around the globe. For more information, visit http://www.airproducts.com/.
***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.
Air Products
CONTACT: Media, Katie McDonald, +1-610-481-3673, mcdonace@airproducts.com, or Investors, Nelson Squires, +1-610-481-7461, squirenj@airproducts.com, both of Air Products
Web Site: http://www.airproducts.com/
Call of Duty: World at War Downloadable Maps now Available
SANTA MONICA, Calif., March 19 /PRNewswire-FirstCall/ -- The battle rages on, as Activision Publishing, Inc. and Treyarch today announced the Call of Duty(R): World at War Map Pack 1 is now available for download on Xbox 360(TM) and PLAYSTATION(R)3 computer entertainment system. Players will fight through the burning streets of Berlin in "Nightfire," take position in the deadly jungles of "Knee Deep" and carefully traverse the bombed out underground of "Station." The Call of Duty: World at War Map Pack 1 will also add another heart-pounding chapter to the four-player co-op Nazi Zombie mode with "Verruckt" (Zombie Asylum).
The map pack is available on Xbox LIVE(R) Marketplace for the Xbox 360 video game and entertainment system from Microsoft for 800 Microsoft Points and on the PlayStation(R)Store for the PLAYSTATION 3 computer entertainment system for $9.99. The Call of Duty: World at War Map Pack 1 will be made available for Windows(R) PC at a future date to be announced.
Nightfire
Fire-bombed Berlin provides the backdrop for "Nightfire," an intense battlefield for mid to large-scale team games. Shelled buildings and ruins of the city provide coverage among the war-ravaged streets, and the flames of the burning city expose the enemy running through the night. Fight for your life knowing that this fiery urban battlefield may soon be your grave.
Station
"Station" offers a bombed out underground train station littered with destroyed subway cars, hidden passageways, loading platforms and second story overlooks to use to your advantage against any number of enemies. Ideal for dominating Capture the Flag and other team games, this map provides you with a wide range of combat options from close range choke points to hidden sniper spots.
Knee Deep
"Knee Deep" takes place on the island of Peleliu in a once tranquil village turned chaotic Japanese command center. You and your squad will fight through the jungle, wading knee-deep in streams, in order to retrieve valuable intel and take battle positions in fortified Japanese bunkers all to secure an important communication center. The harsh jungles of "Knee Deep" are perfect for tactical team games and all-out assaults on multiple enemy positions.
Verruckt (Zombie Asylum)
The fan favorite 4-player co-op Nazi Zombies Bonus Mode returns with "Verruckt," a terrifying Zombie asylum located in the outskirts of Berlin. Players are split into pairs, in the challenge to find each other for survival. Featuring more weapons, and perks via the addition of Perks-a-Cola machines, electroshock defenses and the endless Nazi Zombie horde, "Verruckt" will push you to the edge of your sanity.
Call of Duty: World at War is rated "M" (Mature) by the ESRB for Intense Violence, Strong Language, Blood and Gore. For more information and exclusive updates about Call of Duty: World at War, visit http://www.callofduty.com/.
About Activision Publishing, Inc.
Headquartered in Santa Monica, California, Activision Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.
Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, Japan and South Korea. More information about Activision and its products can be found on the company's website, http://www.activision.com/.
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Publishing generally uses words such as "outlook", "will," "could," "would," "might," "remains," "to be," "plans," "believes", "may", "expects," "intends," "anticipates," "estimate," future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to help identify forward-looking statements. Factors that could cause Activision Publishing's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales of Activision Publishing's titles, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Activision Publishing's ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Publishing's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, litigation against Activision Publishing, maintenance of relationships with key personnel, customers, vendors and third-party developers, domestic and international economic, financial and political conditions and policies, foreign exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, Activision Publishing's success in integrating the operations of Activision Publishing and Vivendi Games in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or in the timeframe, anticipated. Other such factors include additional risk factors identified in Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.
(C)2009 Activision Publishing, Inc. Activision and Call of Duty are registered trademarks of Activision Publishing, Inc. All rights reserved. Xbox, Xbox 360, Xbox Live, Windows and Games for Windows are either registered trademarks or trademarks of Microsoft Corporation. All other trademarks and trade names are the properties of their respective owners.
Activision Publishing, Inc.
CONTACT: John Rafacz, PR Manager of Activision Publishing, Inc., +1-310-255-2000, ext. 5207, jrafacz@activision.com
Web Site: http://www.activision.com/
Company News On-Call: http://www.prnewswire.com/comp/007396.html
Lexmark Accessibility Solution helps the visually impaired leverage MFP technology
LEXINGTON, Ky., March 19 /PRNewswire-FirstCall/ -- Lexmark International, Inc. today announced the Lexmark Accessibility Solution, a new application designed to provide people with visual impairments easier access to Lexmark multifunction product (MFP) technology. The application is being shown this week at the 24th Annual International Technology and Persons with Disabilities Conference in Los Angeles.
The Lexmark Accessibility Solution allows users to accomplish nearly all the same tasks available on the touch-screen panel of an MFP by using a Web browser at their workstation. This enables visually impaired users to set up copy, fax, e-mail, FTP and scan jobs directly from their workstation rather than requiring use of the MFP touch-screen display.
Configure job settings on the workstation
Users set up the desired task on the workstation through their assistive technology software product (compatible products listed below). The document job is then assigned a job number displayed on the workstation screen, and the job parameters are sent to the MFP. The user then goes to the MFP, enters the job number using the accessible number keypad, and the completed document task is performed (e-mail is scanned and sent, copies are produced, fax is sent). The result: People with disabilities have virtually the same access to functionality as people using the touch-screen interface on an MFP.
"The Lexmark Accessibility Solution was developed to meet the needs of our visually impaired customers," said Marty Canning, Lexmark vice president and president of its Printing Solutions and Services Division. "This application will help those with visual impairments to work with technology that to this point has been unavailable to them. This also allows users the ability to manage documents and automate paper intensive tasks."
"This new application from Lexmark will help to level the playing field for low-vision and no-vision individuals," said Jenny Tyree, vocational rehabilitation administrator for the Kentucky Office for the Blind. "In the past, visually impaired workers have been unable to be competitive when seeking jobs that require the use of general office equipment. This new technology can potentially provide more vocational opportunities in many business and office settings for the visually impaired community."
Works with several accessibility solutions
The software is designed to work with accessibility products such as GW Micro's Window-Eyes, Voice Sense and Braille Sense Plus; Ai Squared's ZoomText; Freedom Scientific's JAWS and MAGic; and industry standard speech recognition software.
Now, disabled employees can leverage the power of these accessibility tools to access the functions of Lexmark MFPs.
"GW Micro is pleased that Lexmark is looking towards the future by making its MFP user interface accessible to people who are blind," says Dan Weirich, vice president of sales and marketing for GW Micro. "Now a blind person using Window-Eyes, Braille Sense or Voice Sense can send faxes, make complex photocopies, and manage other machine operations as easily as their sighted colleagues."
"Lexmark has shown real commitment to its customers and the visually impaired community by rolling out a PC-based interface that ZoomText users can operate," said Scott Moore, vice president of marketing for Ai Squared. "We are proud to work with such a forward thinking company."
"We are pleased to see Lexmark putting forth the effort to create an accessible interface for its MFP technology," said Eric Damery, vice president of software product management for Freedom Scientific. "We are even more pleased that Lexmark is reaching out to JAWS users to test their interface and verify its accessibility."
For complete details and purchasing information about the Lexmark Accessibility Solution, go to http://www.lexmark.com/accessibility.
About Lexmark
Lexmark International, Inc. provides businesses and consumers in more than 150 countries with a broad range of printing and imaging products, solutions and services that help them to be more productive. In 2008, Lexmark reported $4.5 billion in revenue. Learn how Lexmark can help you get more done at http://www.lexmark.com/.
About GW Micro
GW Micro, Inc. gives independence to the visually impaired through its computer-based speech products. We offer a variety of software and hardware solutions for our visually impaired clients. For additional information, please visit https://www.gwmicro.com/.
About Ai Squared
Algorithmic Implementations, Inc. (d.b.a. Ai Squared) has been providing assistive technology for more than 15 years to computer users with low vision. The company's flagship product is ZoomText, a screen magnification and reading
software application for the visually-impaired. For additional information, please visit http://www.aisquared.com/.
About Freedom Scientific
Freedom Scientific is the world's leading manufacturer of assistive technology products for those who are blind and vision impaired, and products for the special education and learning disability markets. For additional information, please visit http://www.freedomscientific.com/.
Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.
Lexmark International, Inc.
CONTACT: Emily Rardin, Lexmark International, Inc., +1-859-232-7818, erardin@lexmark.com
Web Site: http://www.lexmark.com/
Motorola Wireless Solutions Win GCN Best of FOSE AwardsIndustry's first tri-radio-capable 802.11n AP-7131 access point and TEAM VoWLAN solution extend the power of enterprise mobility to government professionals
SCHAUMBURG, Ill., March 19 /PRNewswire-FirstCall/ -- Motorola, Inc. announced that two of its innovative wireless solutions were named by Government Computer News (GCN) as Best of FOSE winners at the FOSE 2009 conference and expo. The industry's first tri-radio-capable 802.11n AP-7131 access point (AP) was honored in the "Networking Equipment" category, while the innovative Total Enterprise Access and Mobility voice-over-wireless LAN (TEAM VoWLAN) solution received the award in the "Other" category.
"FOSE is the premier showcase for the latest in technology for the U.S. government, the world's largest purchaser of IT products," said Wyatt Kash, editor-in-chief, Government Computer News. "This year's winners represent the most innovative - and the most effective - applications for meeting the government's changing needs. With so many quality submissions, it was a challenge to narrow our selection down to the 2009 GCN Best of FOSE winners. We congratulate the winners for their leadership and commitment to excellence in public sector IT."
The GCN Best of FOSE Awards were open to any FOSE 2009 exhibiting company that was showcasing a new product targeting the needs of the public sector. GCN's editors and technology analysts chose the winners based on four criteria: innovation; usability/applicability to government; relative performance based on specifications; and value.
"We are pleased that Motorola's solutions are being honored at this year's FOSE 2009 conference and expo. Motorola has a rich tradition of providing government partners with industry-leading solutions that help them better serve and protect their communities," said Gene Delaney, president, Motorola Enterprise Mobility Solutions. "Today, it is more important than ever for government professionals to have secure and reliable access to voice and data applications, when and where they need them."
Motorola's AP-7131 offers a unique tri-radio capability that integrates three 802.11n radios to simultaneously support high-speed client access, mesh backhaul and dedicated dual-band intrusion protection. Using an expansion slot, the third radio can be field upgraded to enable next-generation 3G/4G technologies like WiMAX for primary or redundant WAN connectivity. It can be used as a stand-alone AP within small to medium organizations. In adaptive mode, the AP-7131 combines the benefits of central management and site-survivability to help reduce the complexity of deployments in remote offices. In a campus WLAN switch environment using the thin AP mode, the AP-7131 can be centrally managed for large-scale deployments. This unique multi-mode operation is supported by the same firmware version to greatly simplify the task of building a large-scale, multi-site wireless network.
The AP-7131 provides 24/7 intrusion protection, which can significantly lower the cost of building a secure wireless network. Traditional solutions time-slice the radio for both access and intrusion protection, limiting 802.11n performance and security capabilities. Motorola's new AP-7131 with the third radio capability eliminates the need for time-slicing or the need for a dedicated sensor AP for security thus reducing the cost of secure and manageable deployments. Featuring a fully Dynamic Frequency Selection (DFS2)-compliant chipset, a fast MIPS network processor with hardware-accelerated encryption and dual Gigabit Ethernet interfaces, the AP-7131 delivers full 600 Mbps connection speeds, while simultaneously providing the level of security required by government agencies.
With the steady growth in the adoption of wireless LAN networks, government agencies are increasingly focused on VoWLAN solutions to drive workforce mobility, help increase productivity and reduce operating costs. Motorola's TEAM VoWLAN solution is designed to provide mobile workers with instant mobile access to voice and data services typically tethered to the desk, helping to improve responsiveness, collaboration and productivity.
Motorola's TEAM solution takes voice-over-wireless LAN beyond voice with mobile email, calendar/contact sync, text messaging, Internet/intranet access, and the flexibility of Windows Mobile(R) 6.1 for line of business applications. In addition to offering toll-quality telephony services integrated with the PBX and enterprise-grade push-to-talk (PTT), this innovative solution can also interoperate with existing two-way radio systems.
Following best practices in networking, the TEAM VoWLAN solution can be easily integrated into existing WLAN and PBX infrastructure, creating a single common platform for the delivery of integrated voice and data services. The solution includes the Wireless Services Manager (WSM) appliance, the Network Services Manager (NSM), and the industry's first Windows Mobile VoWLAN smartphones. The WSM provides PTT services, text messaging, PBX interoperability, as well as enhancements to battery life, mobility and security. The NSM provides centralized provisioning and management. The forward-looking design of this solution can scale from a handful to up to 4,500 users, and can easily incorporate future capabilities, including dual-mode (VoWLAN and cellular) and the extension of services to other voice-capable Motorola devices, including mobile computers and bar code scanners.
To learn more about Motorola's GCN Best of FOSE winners, please visit http://www.motorola.com/AP7131, http://www.motorola.com/TEAM and http://www.gcn.com/.
About Motorola
Motorola is known around the world for innovation in communications and is focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola had sales of US $30.1 billion in 2008. For more information, please visit http://www.motorola.com/.
MOTOROLA and the Stylized M Logo are registered in the US Patent & Trademark Office. All other product or service names are the property of their respective owners. (C) Motorola, Inc. 2009. All rights reserved.
Media Contact:
Bart Lipinski
Motorola Enterprise Mobility Solutions business
+1 847-576-6931
bart.lipinski@motorola.com
Photo: http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Motorola, Inc.
CONTACT: Media, Bart Lipinski, +1-847-576-6931, bart.lipinski@motorola.com, or Analysts, Shirley Schroedl, +1-631-738-4823, shirley.schroedl@motorola.com, both of Motorola Enterprise Mobility Solutions business
Web Site: http://www.motorola.com/
Availability of Windows Internet Explorer 8 Brings New Opportunities for Web DevelopersESPN, eBay, OneRiot, many others investing in Internet Explorer 8 to add value to Web sites and deliver richer online experiences.
LAS VEGAS, March 19 /PRNewswire-FirstCall/ -- At MIX09, Microsoft Corp.'s Web designer and developer conference, Microsoft announced the global availability of Windows Internet Explorer 8, providing better performance, easier Web development tools for enhanced browser experiences and improved security and reliability. In Thursday's keynote address, Dean Hachamovitch, general manager of the Internet Explorer team at Microsoft, showcased solutions from industry partners such as ESPN, eBay Inc., Digg Inc., Facebook and OneRiot that create new value for their customers.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
"With the Internet Explorer 8 platform, Microsoft creates opportunities for Web sites to engage customers in new ways and drive not only more traffic, but also more value in the online experience," Hachamovitch said.
New Opportunities for Developers
Developers will benefit from performance features that enable Web sites to allow customers to engage more deeply with their site content. Accelerators and Web Slices make it easier for developers to reach beyond the page and provide new ways for people to stay connected to the content and services of their choice. Internet Explorer 8 has enhanced search features and capabilities to provide more interesting and relevant content, increased speed, and enhanced security, and offers greater performance and reliability.
"Internet Explorer 8 is the perfect platform to consume search results from the real-time social Web," said Tobias Peggs, general manager, OneRiot. "We have developed new search services and Web Slices for Internet Explorer 8 that enable our users to easily find the news, stories and videos that people are buzzing about right now. We have found that Web Slices help bring users to our site 18 percent more per day than average."
"The new features in Internet Explorer 8 allow fans convenient one-click access to the latest ESPN video and sports headlines," said Jason Guenther, vice president, technology and product development, ESPN Digital Media. "With Web Slices available on many pages of our site, including team Clubhouse pages and select sport pages, we can add to the easy ways fans can connect with sports news and their favorite games and teams."
Commitment to Standards and Integrated Developer Tools
Internet Explorer 8 is Microsoft's most standards-compliant browser to date, and benefits from work the company is doing with standards bodies to bring increased measurement and consistency. As part of Microsoft's commitment to supporting standards, the company has submitted more than 7,000 cascading style sheet (CSS) 2.1 test cases to the World Wide Web Consortium (W3C) in the last year to help drive easier and more measurable standards adoption for all developers. Moreover, Internet Explorer 8 now passes more of the W3C CSS 2.1 test cases than any other shipping browser and has invested significantly in support for HTML 5. Defaulting to standards-mode for Web sites and featuring a Compatibility View list to ease the transition enables developers to be sure their code runs across multiple browsers and platforms, freeing developers to innovate, not re-create.
Finally, by incorporating the Internet Explorer Developer Toolbar directly into Internet Explorer 8, Microsoft enables developers to quickly debug HTML, CSS and JavaScript. These enhanced capabilities empower developers to deliver a better Web experience through creating applications for consumers and enterprises.
More information and a download of Internet Explorer 8 can be found at http://www.microsoft.com/ie8. More information for developers can be found at http://www.msdn.microsoft.com/ie, and information for members of the Microsoft Partner Program can be found at http://partners.microsoft.com/.
Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: 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, Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.
Web Site: http://www.microsoft.com/
New Hampshire Business Review Readers Vote Comcast #1 Telecommunications Provider in the Granite StateNH Customers Recognize Comcast for Reliable and Innovative Services for Second Year
MANCHESTER, N.H., March 19 /PRNewswire/ -- Comcast, New Hampshire's leading provider of entertainment, information and communications, today announced that the readers of New Hampshire Business Review voted to select Comcast Business Class services as the number one telecommunications provider in the Granite State as part of the publication's Best of Business (BOB) Award program. For the second year in a row, the New Hampshire business community recognized Comcast for its innovative voice, high-speed Internet and video services along with its outstanding local employees that make a difference to their business success.
The annual "Best of Business" awards administered by New Hampshire Business Review identify, recognize and honor the top companies in the state, using anonymous surveys to assess customer satisfaction. The awards were announced at a ceremony held on Wednesday, March 18 in downtown Concord.
"We are thrilled about the recognition and validation of Comcast Business Class products by the New Hampshire business community," said Sue Wante, Vice President of Comcast in New Hampshire. "We appreciate and value the fact that our customers took the time to express their opinions and vote for Comcast as their telecommunications provider of choice. We look forward to announcing additional service enhancements and innovations designed to take our business customers to the next level."
Comcast's Business Class line of services offer customers dedicated support and individual attention, 24x7, plus the convenience of one bill. Business Class customers can access a variety of packages and offerings that can be tailored to meet the demands of their business:
-- Comcast Business Class Voice includes unlimited local and
long-distance calling for one low price and the voice features
companies need to be successful as they grow their businesses.
Features include Do Not Disturb, Simultaneous Ring, Sequential Ring,
Audible Message Indicator, Cancel Call Waiting, Call Forwarding
Selective, Call Forwarding Variable, Caller ID Block, Caller ID Name
and Number, Caller ID on Call Waiting, Call Screening, Call Trace,
Call Waiting, Speed Dial 8, Speed Dial 30, Three-Way Calling, Visual
Message Indicator and Voicemail. Plus, businesses can switch to
Comcast without changing their current phone numbers.
-- Comcast Business Class Internet offers businesses a feature-rich,
reliable and secure Internet solution powered by blazing fast download
speeds of up to 16 Mbps. Every Business Class Internet customer
receives complimentary software packages, including powerful web-based
business applications from Microsoft, such as corporate class e-mail,
calendaring and document sharing through Sharepoint, security and
data-protection software from McAfee and free web hosting and free IT
support for the web-based software solutions provided. As previously
announced, Business Class Internet customers will soon benefit from
Comcast's wideband technology that will deliver increased speeds and
service options.
-- Comcast Business Class TV provides businesses with a variety of
television programming to meet their workplace needs, from conference
rooms and break rooms to waiting rooms and lobbies.
"As the nation's third largest residential phone provider, Comcast already delivers reliable voice service to thousands of business owners where they live," said Wante. "These business owners now have the option of choosing Comcast for all of their communications needs where they work, ensuring they receive the superior technologies and service levels of a respected and established company along with the responsiveness and personal touch of a locally managed team."
For more information about Comcast Business Class products and services, please visit http://www.comcast.com/business or call 1-888-737-8361.
New Hampshire Business Review is the state's only business newspaper, reaching over 50,000 subscribers every other week. It is part of McLean Communications of Manchester, a publishing company that also includes New Hampshire Magazine, ParentingNH, New Hampshire Home Magazine, NH.com and The Cabinet Press.
About Comcast Corporation
Comcast Corporation (http://www.comcast.com/) is the nation's leading provider of entertainment, information and communication products and services. With 24.2 million cable customers, 14.9 million high-speed Internet customers, and 6.5 million Comcast Digital Voice customers, Comcast is principally involved in the development, management and operation of 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 sports networks operated by Comcast Sports Group 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 Cable
CONTACT: Marc Goodman of Comcast Cable, +1-617-562-4305, marc_goodman@cable.comcast.com
Web Site: http://www.comcast.com/
News Archives of March 2009
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec |