Companies news of 2009-04-01 (page 3)
Vimeo Named a Finalist in the 2009 'Webware 100' Awards for Video for Second Consecutive...
In Cash-Is-King Economy, Companies Pursue Better Ways to Manage and Preserve Cash, Lower...
World's Leading Software Companies Rally Around NVIDIA IONHighly Anticipated PC Value...
Paragon Technologies Announces Intention to Voluntarily Delist and Deregister Stock
FiOS TV Adds Mid-Atlantic Sports Network in High-Definition for Virginia Subscribers in...
Everything Channel Strengthens Its Marketing Around Education and Sales & Marketing...
Siemens Focuses on Role-Based, Context-Sensitive, and Knowledge-Driven Solutions at HIMSS...
Speakeasy Joins ADTRAN Alliance ProgramSpeakeasy SIP Trunking enables enhanced voice and...
Alcatel-Lucent Accelerates the Deployment of Interactive TV and Advertising Services for...
New Entry-Level Server Platform Gives Small Businesses Access to Big-Business...
TerreStar Networks, EB (Elektrobit) Deliver Wireless Innovation With Enhancements to Its...
Verizon Wireless LTE Innovation Center to Drive 4G Next Generation Wireless Product...
Stream Global Services Named in 2009 Global Services 100
Texas Instruments' dual-output, multi-phase Fusion Digital Power(TM) controller provides...
AT&T Offers Mini Laptops, 'Internet at Home and On the Go,' and Onsite Tech Support From...
Solar Energy Research Institute of Singapore Adopts Synopsys' Sentaurus TCAD for Solar...
QSGI Achieves Positive EBITDA for the Fourth Quarter of 2008
Harris Stratex Networks Enables 4G Broadband Mobility in North America with New High-Speed...
Alcatel-Lucent Accelerates the Deployment of Interactive TV and Advertising Services for...
CounterPath Announces Release of Messaging Convergence Gateway to Enable SMS between VoIP...
Novellus' Ultra-Thin Dielectric Diffusion Barriers Boost 32nm Interconnect PerformanceLow...
TiVo to Increase Stop||Watch(TM) Ratings Service Sample Size to 300,000 HouseholdsIncrease...
On2 Technologies Licenses VP7 Video Codec to Westec InteractiveRemote video surveillance...
Harris Stratex Networks Helps Ready Customers for Broadband Stimulus Benefits with New...
Open Text Tops List of Canadian Software Companies in 2009 Branham300 Ranking
AdEx Media Announces Fiscal 2008 Fourth Quarter and Year End Results
8x8, Inc. Announces Appointment of Debbie Jo Severin as Chief Marketing Officer
Outdoor Channel HD Gaining MomentumCOMCAST, TIME WARNER, RCN AND U.S. CABLE OF COASTAL...
MTS Acquires Eldorado Mobile Retail Chain in Russia
Dynamics Research Corporation Awarded GSA Alliant Contract
Vimeo Named a Finalist in the 2009 'Webware 100' Awards for Video for Second Consecutive YearOnline Voting Poll for Winners is Open to the Public at http://www.cnet.com/html/ww/100/2009/poll/photo_video.html
NEW YORK, April 1 /PRNewswire/ -- Vimeo today announced that http://www.vimeo.com/, has been selected by the editors of Webware, a CNET site, as a finalist in this year's "Webware 100" Awards for the Video category for the second year in a row. Vimeo won the Video category in 2008. The Webware 100 Awards recognize the best Web 2.0 sites, services, and applications that are leading the next wave of innovation. The editors of Webware select finalists, but the public votes to decide the ultimate winners. Winners will be announced on Tuesday, May 19, 2009.
Vimeo is the leading online video hosting and sharing service dedicated to content creators. The site offers a quality experience that makes it easy to upload up to 500 MB of videos per week, including HD. Serious enthusiasts have the option to subscribe to a Vimeo Plus account, which increases their uploading to 5GB of content per week with unlimited HD. Throughout the site, users enjoy a simple, clean design that makes viewing, workflow and communication enjoyable. The customizable player gives creators control over their video's viewing experience, while viewers watch content in an uncluttered space. The site also offers multiple privacy control options as well.
With more than 1.4MM content creators, the Vimeo community is also a robust social network focused on positive feedback throughout the creative process. Users can add friends, share content, "like" videos and subscribe to other users' content. This information goes into a personalized homepage that users can monitor, helping them discover and discuss new and interesting videos that their Vimeo friends are enjoying.
"We thank the CNET editors for nominating us in the Video category two years in a row," said Dae Mellencamp, Senior Vice President for Mindspark Interactive Network, Inc., and General Manager of Vimeo. "We are grateful to our enthusiastic and passionate user base for their overwhelming support, which helped us win the 2008 award. We encourage everyone to vote for us again this year."
Webware (http://www.webware.com/) provides the latest information on Web 2.0 sites, services, and applications. Its timely and relevant blog entries about hundreds of web-based services, such as wikis, blogs, and social networking sites, help readers determine the best products for them to use in their daily lives. Veteran tech journalist and CNET Editor-at-Large Rafe Needleman led the Webware 100 Awards, with additional support from the CNET editors. Webware editors received and reviewed hundreds of entries. Voting is open to the public beginning Tuesday, March 31, 2009 at noon Pacific through Thursday, April 30, 2009. Users can vote at http://www.cnet.com/html/ww/100/2009/poll/photo_video.html
The ten awards categories include: Audio and music (music streaming and download, podcasting, audio book services, recommendation systems); Browsing (browsers, start pages, RSS readers, widgets, and runtime engines); Commerce (retail, auctions, marketplaces, travel, event tickets, and real estate); Communications (e-mail, chat, and voice); Infrastructure and storage (web app platforms and tools; online storage and synchronization products); Location-based services (mapping, friend finders, business locators, geographic services); Photo and video: Photo storage, sharing, and editing; video storage, playback, streaming, editing, and animation); Productivity (tools for work and organization); Search and Reference (search tools, and knowledge repositories like wikis); Social networking and publishing (shared online environments, content management, blogging, and micro-blogging).
Nearly 2 million votes were cast in the 2008 Webware 100 Awards. Last year's winners can be seen here: http://www.webware.com/html/ww/100/2008/winners.html?tag=snav
Vimeo, LLC is a Mindspark(TM) Company
Mindspark Interactive Network, Inc., (Mindspark), a wholly owned business of IAC , is a leading developer of social networking applications, informational websites and portals that enable users to creatively and visually express themselves online. Mindspark brands include Zwinky(R), Zwinky Cuties(TM), Girlsense(R), Smiley Central(R), Webfetti(TM), IWON(R), Vimeo(TM), Life123(TM), Green.com(TM), Kazulah(TM), Popular Screensavers(TM), MyFunCards(TM), Cardboiled(TM), Cursor Mania(TM), as well as the Excite(R) portal.
Vimeo, LLC
CONTACT: Deborah Szajngarten of Mindspark Interactive Network, Inc., +1-914-826-2153, deborah.szajngarten@mindspark.com
Web Site: http://www.vimeo.com/
In Cash-Is-King Economy, Companies Pursue Better Ways to Manage and Preserve Cash, Lower CostsOptimizing Accounts Payable is Critical to Improving Cash Management, Experts Say Invoice Management Solutions Deliver Rapid Payback, Boost Stability
WATERLOO, ON, April 1 /PRNewswire-FirstCall/ -- Between declining revenues and uncertain access to credit, today's economy is making cash critically important to business. When cash is king, say experts at Open Text(TM) , a global leader in Enterprise Content Management (ECM), companies need to make sure they have complete control over where their cash is going in order to reduce costs. That means it's vital to take a closer look at accounts payable and the strategic value it can bring to an organization.
While most large companies have powerful financial systems such as SAP, the majority of invoice processing - as much as 90 percent - is still done using paper-based processes. Historically, says Tom Walker, Open Text's portfolio manager for accounts payable solutions, companies grew up around paper-based processing of invoices. Since cash was plentiful, they never got around to enhancing these functions because invoice processing wasn't viewed as core to the business.
But in today's economy, the value of moving to electronic invoice management has never been greater since it gives management a lot more control over cash flow and opens up new money-saving opportunities.
"Given the critical importance of generating adequate cash flow, corporations are now looking beyond the traditional avenues of increasing sales or decreasing costs. Invoice management is one of the places they are looking," says Walker. In a podcast released today (http://cli.gs/qT76ND), Walker discusses invoice management issues with Henry Ijams, CEO of PayStream Advisors, a technology research and consulting firm that reviews financial and accounts payable applications, and Bernhard Fischer, Vice President of Solution Management for SAP.
"Paper is the antithesis of control since we don't know where a paper invoice is in the process," Ijams says. "With a solution like invoice management, we can centralize information and get visibility to invoices as soon as they are received. This visibility provides a new empowerment for managing outbound cash."
One opportunity is the ability to negotiate favorable payment terms, according to Walker. With paper-based systems, typical invoice processing time is about three weeks. In contrast, the typical processing time with an invoice management solution is just one-to-two days. This means that the company now has the option of negotiating lower rates in exchange for rapid payment. For a $5 billion corporation, a 2 percent discount could translate into several million dollars in cash savings over the course of a year and could help compensate for an even more substantial revenue decline.
Since it has become increasingly difficult to borrow funds, visibility into cash requirements is critical to ensuring that vendor obligations are met in a timely way. Invoice management solutions also help the company finalize financial reports quickly and accurately, boosting the confidence of lenders and investors.
Another way that invoice management systems help companies is in lowering operating costs. "Companies need to look at their complete financial supply chain and see where they can squeeze out the inefficiencies," says Fischer. "Cost savings in the 60 percent range are possible by eliminating manual data entry and moving to optical character recognition. Even greater savings are possible when companies move to a shared-services model for consistent, error-free payments across all vendors."
Beyond taking care of the immediate problem - the high costs and lengthy time involved in processing invoices - invoice management also gives the organization the basis for continual process improvement. "With an invoice management system you get key performance indicators to help find ways to improve efficiency so you have fewer and fewer touches, or improve business rules to minimize exceptions," says Walker. "With rapid payback, potential to generate revenue through discount-taking and long-term efficiency gain, invoice management systems make more sense than ever."
Walker will be discussing invoice management issues at the International Accounts Payable Professionals conference, IAPP Forum 2009, April 19-23. For more information, go to: http://cli.gs/GsDyy8.
Business and IT managers in retail organizations can learn more about how "Cash is King" and how to optimize accounts payable by attending a webinar April 21 titled "Cash is King: Efficient Cash Management and Accurate Liabilities in Retail." For more information and to register, go to: http://cli.gs/YjJN54.
Open Text is a market leader in accounts payable solutions for use with SAP and Oracle that are offered as part of the Open Text ECM Suite. Open Text's solutions help customers significantly lower cost-per-invoice processing, reduce invoice processing time, and slash invoice resolution time, thus freeing finance department personnel to pursue more strategic activities. For more information on Open Text's accounts payable solutions go to: http://cli.gs/3gQa0n.
About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts(TM) to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit http://www.opentext.com/.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of Livelink and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2008. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.
Copyright (C) 2009 by Open Text Corporation. OPEN TEXT and Open Text ECM Suite are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.
Open Text Corporation
CONTACT: Richard Maganini, Open Text Corporation, (847) 267-9330 ext.4266, rmaganin@opentext.com; Stephanie Fazio, Open Text Corporation, (519) 888-7111, x2429, sfazio@opentext.com; Brian Edwards, McKenzie Worldwide, (503) 577-4583, briane@mckenzieworldwide.com
World's Leading Software Companies Rally Around NVIDIA IONHighly Anticipated PC Value Platform Expected to Invigorate Software Sales
SANTA CLARA, Calif., April 1 /PRNewswire-FirstCall/ -- NVIDIA(R) ION(R) is drawing industry-wide support from analysts and the world's leading software companies, including Adobe, Google, Microsoft, and Electronic Arts. ION's powerful performance and competitive pricing will help enable incredibly small and affordable PCs that are expected to find strong interest in the marketplace when they begin to arrive in the second quarter of 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020613/NVDALOGO)
(Photo: http://www.newscom.com/cgi-bin/prnh/20090401/SF92577)
NVIDIA ION graphics processors will power a new generation of smaller, greener, fully capable PCs. Consumers utilizing ION-based PCs will be able to make full use of some of the world's most popular applications, such as Spore, Call of Duty 4, Google Earth, Adobe(R) Photoshop(R), Cyberlink PowerDVD, LEGO: Batman, and Battlefield 2.
"Providing superior performance for one of the fastest growing market segments makes NVIDIA ION a winner," said Jim McGregor, chief technology strategist at In-Stat, an analyst firm specializing in the mobile internet and digital entertainment markets. "Consumers today want less expensive PCs with more capabilities, which is exactly what ION delivers. Users can suddenly do more with their systems, and developers benefit from an expanding market. It's a win-win for the entire industry."
Video: See leading game developers react to ION's small size and big performance.
http://us.download.nvidia.com/downloads/videos/ION_Press_Release_R3_FINAL_ HD_480p.wmv
"ION enables consumers with new mini-notebook and small desktop systems to access and play a larger library of Windows games, creating incredible opportunity and access for all gamers," said Corey Rosemond, group manager, Microsoft Games for Windows program.
"New affordable and powerful PC hardware like ION is going to change the landscape of PC gaming," said Ben Cousins, executive producer at DICE, a division of Electronic Arts. "This new mass-market target audience is a perfect match for Battlefield Heroes."
Bryan O'Neil Hughes, product manager for Photoshop at Adobe, said: "Along with the built-in productivity features and time-saving capabilities in Photoshop CS4 and Photoshop CS4 Extended, the NVIDIA ION platform supports new hardware-accelerated functionality in the software and extends the feature set on small, low-powered systems. Efficiency is key for our customers' design and photography workflows. Harnessing the power of the GPU allows for the utilization of new features and a more fluid experience in Photoshop."(1)
"NVIDIA and Google will bring the Earth into view for millions of new users," said Stefan Kuhne, Google Earth software engineer. "We're really impressed with how well Google Earth will run on affordable PCs powered by ION graphics processors. It will raise the industry standard for entry-level graphics."
(1) Available for Windows and Intel based Mac OS systems, Photoshop CS4 and Photoshop CS4 Extended help save valuable time at every step. Benchmarking results from an independent research study conducted by Pfeiffer Consulting and commissioned by Adobe show that features in Adobe Creative Suite 4 software can dramatically increase productivity, efficiency and return on investment. The report includes several ways Photoshop CS4 and Photoshop CS4 Extended saves times and money.
About NVIDIA ION graphics processors
NVIDIA ION graphics processors turn up the visuals on small PCs with up to 10X faster graphics performance than similar systems. ION graphics processors provide support for premium Windows Vista features, outstanding media capabilities including 1080p high definition video and Blu-ray movies, and support for popular PC games. ION-based PCs will arrive in the second quarter of 2009 from leading PC manufacturers.
About NVIDIA
NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce graphics products, the professional design and visualization market with its Quadro(R) graphics products, and the high-performance computing market with its Tesla(TM) computing solutions products. NVIDIA is headquartered in Santa Clara, Calif. and has offices throughout Asia, Europe, and the Americas. For more information, visit http://www.nvidia.com/.
Certain statements in this press release including, but not limited to, statements as to: the benefits, features, impact, and capabilities of the NVIDIA ION platform and GeForce GPUs, the affects of the NVIDIA ION platform on small form factor notebook and desktop PCs; and the small form factor notebook and desktop PC markets are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: development of more efficient or faster technology; adoption of the CPU for parallel processing; design, manufacturing or software defects; the impact of technological development and competition; changes in consumer preferences and demands; customer adoption of different standards or our competitor's products; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-K for the fiscal period ended January 25, 2009. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
Copyright(R) 2009 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, NVIDIA ION, GeForce, Quadro, CUDA, and Tesla are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability, and specifications are subject to change without notice.
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NVIDIA
CONTACT: Ken Brown of NVIDIA Corporation, +1-408-486-2626, kebrown@nvidia.com
Web Site: http://www.nvidia.com/
Paragon Technologies Announces Intention to Voluntarily Delist and Deregister Stock
EASTON, Pa., April 1 /PRNewswire-FirstCall/ -- Paragon Technologies, Inc. (NYSE Amex: PTG), a leading supplier of "smart" material handling systems and "software-driven" warehouse and distribution center solutions, today announced that it has notified the NYSE Amex of its intent to voluntarily delist its common stock from the NYSE Amex and deregister its common stock under the Securities Exchange Act of 1934, as amended.
The Company currently anticipates that, on or about April 30, 2009, but no earlier than April 30, 2009, the Company will file with the Securities and Exchange Commission (the "SEC") and the NYSE Amex a Form 25 relating to the delisting and deregistration of its common stock. The Company expects that trading in the Company's common stock will be suspended on the date the Form 25 is filed, with the official delisting of the Company's common stock becoming effective ten days thereafter. Accordingly, the Company anticipates that trading of its common stock on the NYSE Amex will be suspended on or about April 30, 2009 and that its common stock will be delisted from the NYSE Amex on or about May 11, 2009, and on or about that date the Company will file with the SEC a Form 15, Notice of Termination and Suspension of Duty to File, to terminate its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). When the Form 15 has been filed, the Company's obligations to file certain reports with the SEC, including Forms 10-K, 10-Q and 8-K, will immediately be suspended. The Company expects that the deregistration of its common stock will become effective 90 days after the date the Form 15 is filed with the SEC. The Company is eligible to deregister its common stock because it has fewer than 300 stockholders of record.
Following the delisting and deregistration of the Company's common stock, it is expected that trading of the Company's common stock by continuing stockholders may be effected through privately negotiated transactions or, if the Company qualifies, in the Pink Sheets (a centralized quotation service that collects and publishes market maker quotes for securities). The Company intends to try to comply with rules permitting its common stock to be quoted in the Pink Sheets. These rules require at least one market maker to quote the Company's common stock after the market maker complies with certain filing and disclosure rules or by complying with the unsolicited customer order rule. However, there is no assurance that either the Company or a market maker will comply with those rules. More information about the Pink Sheets can be obtained from its website at http://www.pinksheets.com/.
The Company's Board of Directors authorized the delisting and deregistration of the Company's common stock after concluding that the consequences of remaining an SEC-reporting company, including the significant costs associated with regulatory compliance, outweighed the current benefits of public company status to the Company and its stockholders. Among the factors considered were (i) the costs, both direct and indirect, incurred by the Company each year in connection with the preparation and filing of periodic reports and forms with the SEC; (ii) expected annual savings of approximately $275,000 in audit and legal fees, Sarbanes-Oxley Section 404 documentation and testing, Board of Directors fees, and public company reporting and filing fees; (iii) the ongoing costs and requirements for independent directors to serve on the Board of Directors and various committees; (iv) the benefit of an increase in EBITDA and earnings per share as a result of cost savings associated with a reduction in regulatory filings and Sarbanes-Oxley compliance related matters; (v) the benefit of allowing senior management to spend less time with SEC report and form preparation that will enable them to devote their full attention and effort to the Company's operations and long-term financial performance; (vi) the reduction in the amount of public information available to competitors; (vii) the market value that the public markets are applying to the Company; and (viii) the lack of institutional investor interest and analyst coverage and the very thinly traded nature of the Company's common stock.
Len Yurkovic, Acting CEO of Paragon Technologies, commented, "Paragon's efforts to deregister have been driven by our goal to reduce current expenses and to avoid future expenses related to additional auditing and reporting requirements associated with being a public company, including those created by the Sarbanes-Oxley Act."
Paragon's SI Systems' branded technologies drive productivity at Fortune 1000 companies and the United States Government.
About Paragon Technologies
Paragon Technologies is a leader in integrating material handling systems and creating automated solutions for material flow applications. SI Systems' branded technologies and material handling solutions address unit assembly in manufacturing operations and order fulfillment applications. One of the top material handling systems suppliers worldwide, SI Systems' leading clients have included the United States Postal Service, BMG, Peterbilt, Honda, and Maybelline.
Cautionary Statement. Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities and Exchange Commission rules, regulations and releases. Paragon intends that such forward-looking statements be subject to the safe harbors created hereby. Among other things, the forward-looking statements regard Paragon's earnings, liquidity, financial condition, review of strategic alternatives, and other matters. Words or phrases denoting the anticipated results of future events, such as "anticipate," "does not anticipate," "should help to," "believe," "estimate," "is positioned," "expects," "may," "will," "is expected," "should," "continue," and similar expressions that denote uncertainty, are intended to identify such forward-looking statements. Paragon's actual results, performance, or achievements could differ materially from the results expressed in, or implied by, such "forward-looking statements": (1) as a result of factors over which Paragon has no control, including the strength of domestic and foreign economies, sales growth, competition, and certain cost increases; and (2) if the factors on which Paragon's conclusions are based do not conform to its expectations. The forward-looking statements contained in this press release may become outdated over time. Paragon does not assume any responsibility for updating any forward-looking statements. Furthermore, achievement of the objectives of the Company is subject to certain risks, including, but not limited to, those risks outlined in Paragon's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2008.
This press release and prior releases are available at http://www.ptgamex.com/.
Paragon Technologies, Inc.
CONTACT: Leonard S. Yurkovic, Acting CEO of Paragon Technologies, Inc., +1-610-252-3205, +1-610-252-3102 (Fax)
Web Site: http://www.ptgamex.com/
FiOS TV Adds Mid-Atlantic Sports Network in High-Definition for Virginia Subscribers in Richmond, Hampton Roads
RICHMOND, Va., April 1 /PRNewswire/ -- Verizon FiOS TV Extreme HD subscribers in the Richmond and Hampton Roads areas of Virginia now can watch their favorite regional professional and collegiate baseball, football and lacrosse teams in high definition (HD) by tuning to Channel 577, the Mid-Atlantic Sports Network (MASN) HD. All FiOS TV customers in the mid-Atlantic region currently receive MASN in standard definition.
"Verizon continues to deliver the ultimate high-definition home-entertainment experience with the launch of MASN HD," said Mary Ellen Payne, Verizon's senior vice president of marketing for Verizon's Potomac region. "FiOS TV is the best place to watch high-definition sports programming. With our stunning picture-and-sound quality, we give our customers a front-row seat to all the regional sports content and action - an experience that goes beyond old-fashioned cable."
In addition to Virginia, Verizon carries MASN - owned by the Baltimore Orioles and the Washington Nationals baseball franchises - in much of the mid-Atlantic region, including Delaware, Maryland, south-central and southeastern Pennsylvania, and the Washington, D.C., metro area.
With MASN HD, customers can follow their favorite regional baseball teams, including the Nationals and Orioles, and watch shows such as "Nats/Orioles Xtra Pre and Post-Game Show," which covers game news, analysis, highlights and more. During the football season, Baltimore Ravens fans can tune into "1 Winning Drive," which airs live from the Ravens facility and provides inside coverage of the team and weekly game breakdowns. Sports fans looking to catch up on the latest action around the industry can enjoy lively discussions on "The Tom Davis Show" every Saturday morning.
In addition to the professional sports content, MASN also carries 30 National Collegiate Athletic Association (NCAA) football games, with double- and triple-headers on Saturdays in the fall, and lacrosse matchups during the spring featuring games from team favorites such as Duke, Georgetown, Johns Hopkins and North Carolina.
Only Verizon delivers all-digital TV service over America's most advanced network, which is all-fiber all the way to customers' homes. FiOS TV scored highest in J.D. Power's "2008 Residential Television Service Satisfaction Study for the East Region," which includes Virginia.
FiOS TV offers a broad collection of programming, with more than 500 all-digital channels and 14,000 video-on-demand (VOD) titles each month - 70 percent of which are free. Verizon's VOD library also includes more than 1,300 HD titles. FiOS TV is currently available to more than 9.2 million homes in 14 states - California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas, Virginia and Washington state.
For more information on FiOS TV, consumers can visit http://www.verizon.com/fiostv or call their local Verizon sales office or 888-438-3467.
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: Deidre Mulcahy, +1-908-559-3483, deidre.m.mulcahy@verizon.com, or Harry Mitchell, +1-304-344-7562, harry.j.mitchell@verizon.com, both of Verizon
Web Site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Everything Channel Strengthens Its Marketing Around Education and Sales & Marketing Services, Adds Leslie Pasco as Marketing Director
FRAMINGHAM, Mass., April 1 /PRNewswire/ -- Everything Channel, a division of United Business Media, today announced that Leslie Pasco has joined the company as Marketing Director, Sales & Marketing Intelligence. In this newly created position, Pasco will focus her marketing efforts on through partner marketing, research and intelligence as well as field sales marketing. Pasco will be located in Everything Channel's Framingham, MA headquarters and will report to Kate Spellman, SVP Strategic Marketing and Business Development.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090401/NY91990LOGO )
Spellman commented, "With an impressive track record of marketing successes, Leslie will be a tremendous asset as we strengthen our intelligence around sales and marketing. In addition, she brings expertise in both vendor and Solution Provider sales, which will offer us unique insight into the technology Channel marketplace. We are very excited to welcome Leslie to our team."
Pasco joins Everything Channel from Astaro where she held a senior marketing position. She was responsible for creating successful marketing programs, developing a marketing resource center for demand generation, international marketing development programs and directing brand awareness through events and media relations.
Earlier in her career, Pasco held several sales and marketing positions with Yankee Candle, Inc., KB Toys, Inc., Amscan, among others.
Pasco earned a BA in Economics & Business Management from SUNY Cortland.
Everything Channel (http://www.everythingchannel.com/, http://www.channelweb.com/)
Everything Channel is the one-stop shop for accessing, enabling, managing and accelerating technology sales channels. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative sales and marketing solutions to arm the sellers of technology with the resources they need to achieve measurable and significant results.
About United Business Media Limited (http://www.unitedbusinessmedia.com/)
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised 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.
Contact
Kate Spellman
Everything Channel
516 562 7383
kspellman@everythingchannel.com
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Everything Channel
CONTACT: Kate Spellman of Everything Channel, +1-516-562-7383, kspellman@everythingchannel.com
Web Site: http://www.channelweb.com/ http://www.unitedbusinessmedia.com/
Siemens Focuses on Role-Based, Context-Sensitive, and Knowledge-Driven Solutions at HIMSS 2009New portal enhancements and software versions offer greater efficiency in imaging IT.
CHICAGO, April 1 /PRNewswire-FirstCall/ -- Siemens Healthcare (http://www.siemens.com/healthcare) will highlight workflow enhancements and demonstrate role-based portals, innovative applications, and intelligent information systems for radiology and cardiology at the Healthcare Information and Management Systems Society (HIMSS) 2009 Annual Conference and Exhibition in Chicago.
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"It is critical to remain at the forefront of the technological revolution and manage the influx of data presented to our customers daily," said Dr. Arthur Kaindl, CEO, Image and Knowledge Management, Siemens Healthcare. "As image data volumes increase exponentially, we will continue to develop innovative solutions to manage these challenges. Our solutions are designed to streamline the workflow process, help our customers improve quality-of-care, increase efficiency, and reduce costs. A crucial solution, role-based portals, delivers pertinent information in a task-oriented interface to the various types of users, where and when they need it most."
Portals
Portal-driven workflow is setting the new standard for best-in-class workflow. With syngo portals, which are being showcased in the Siemens HIMSS booth (#2036), Siemens is focusing on providing solutions that are role-based, context-sensitive, and knowledge-driven. Role-based portals are the access point to radiological information and context-sensitive tools, allowing information to be available anywhere and anytime - all in one place.
For example, with enhancements made to syngo Portal Radiologist, this solution gives radiologists focused access to important patient information, such as new and previous imaging studies, previous reports, lab values, and allergies, as well as scanned documents all in one application window. The radiologist sees this information without having to access various separate systems at multiple locations. Task-specific tools and information are available with just one click. All this saves time and effort, improves productivity and quality, and helps reduce the risk of errors. The goal is to help the clinical staff to work more efficiently by providing a system that seamlessly provides information from HIS, EMR, LAB, RIS, PACS, and computer-aided detection (CAD).
New Software Versions
The new version V35(1) of syngo(R) Imaging (Picture Archiving and Communication System - PACS) will feature major "-ility-" improvements, such as scalability and configurability. It comes with enhanced support functionality for the transition from Magic (the legacy Siemens PACS solution) to the new syngo Imaging PACS, Prior Handling/Multi-Patient Handling, as well as support of syngo(R) MammoReport and syngo(R) Expert-I.
This new version also offers a combination of separate innovative computer-aided detection (CAD) and advanced imaging solutions at the PACS viewing workstation. These intelligent post-processing applications help improve confidence and are geared toward workflow enhancement. State-of-the-art algorithms are the drivers of these applications and the heart and soul of our intelligent post-processing solutions.
Siemens is also showcasing the most recent version of syngo(R) Workflow SLR (Radiology Information System - RIS). Version 30B(2) encompasses several new features. For example, syngo Portal Radiologist, designed to provide radiologists efficient access to radiological information and tools, now supports an additional workflow step: 'medical check of requests' helps the radiologist to efficiently plan and validate exam orders. The portal has undergone enhancements that improve usability and include features such as 'peer review' and improved 'notes viewer' for improved interaction and communication between users. The embedded dictation tool, syngo Voice, has been updated to include context sensitive shortcuts, helping to make dictating more efficient. With protocol distribution through syngo Chorus MR, the newest version of syngo Workflow SLR enables bidirectional communication to the modality. Protocols generated at the modality or at syngo Portal Radiologist are stored centrally and are therefore available for follow-up exams as well as for exams of other patients. Finally, enhancements towards clinical notifications make it possible to highlight certain clinical data, supporting prompt awareness of important patient information.
Siemens is also further developing syngo(R) Dynamics (Cardio PACS) to help improve efficiency of clinical procedures in cardiovascular imaging, vascular ultrasound, general imaging, and OB/GYN. The upcoming new version 8.0(1) will include features to enhance the cardiology department workflow. For example, a tool designed for administrative reporting of key performance indicators, such as resource utilization and physician productivity, will allow for greater transparency and therefore support proactive department management. In addition, with a new scheduling option, users will be able to better manage resources in cath and echo labs. In this version, the remote viewing application(3) has been re-designed to provide a similar look and feel of the workplace. The application offers a high level of performance - even in low-bandwidth settings, making it possible for physicians to conveniently access images from nearly any location. Finally, in order to maintain continuity in the core applications, version 8.0 is supported on Microsoft's latest Server 2008 and SQL 2008.
Siemens innovative knowledge-driven solutions provide radiologists, cardiologists, and executives with the relevant information and knowledge where they need it most - at the point of decision-making.
1 This information about this product is preliminary. The product is still under development and not commercially available, and its future availability cannot be ensured.
2 Available for sale in the U.S. only.
3 Reference viewing only
The Siemens Healthcare Sector is one of the world's largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Healthcare is the first integrated healthcare company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. Siemens Healthcare delivers solutions across the entire continuum of care - from prevention and early detection, to diagnosis, therapy and care. Additionally, Siemens Healthcare is the global market leader in innovative hearing instruments. The company employs more than 49,000 people worldwide and operates in 130 countries. In the fiscal year 2007 (Sept. 30), Siemens Healthcare reported sales of euro 9.85 billion, orders of euro 10.27 billion, and group profit of euro 1.32 billion. Further information can be found by visiting http://www.siemens.com/healthcare.
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Siemens Healthcare
CONTACT: Gian Sachdev, +1-610-448-3024, gian.sachdev@siemens.com
Web Site: http://www.siemens.com/healthcare
Speakeasy Joins ADTRAN Alliance ProgramSpeakeasy SIP Trunking enables enhanced voice and data service for small and medium businesses
SEATTLE, April 1 /PRNewswire/ -- Speakeasy (http://www.speakeasy.net/), a Best Buy company , announced today that it has joined the ADTRAN(R) Alliance Program to expand the reach of IP communications solutions to the small to medium business market. ADTRAN, Inc. , a leading supplier of networking and communications solutions, is collaborating with Speakeasy to provide interoperable SIP trunking technology that enables solutions providers to deliver world class integrated network solutions.
"Direct SIP integration is Speakeasy's newest voice and data offering, and joining the ADTRAN Alliance Program made perfect strategic sense for us in terms of extending our reach into the market," said Bruce Chatterley, Speakeasy president and CEO. "Speakeasy and ADTRAN are working together to help provide the telecommunications solutions that ultimately help small businesses to communicate more efficiently and at a lower cost, regardless of their legacy telecom systems."
Speakeasy's SIP trunking offerings allow small-midsized companies to integrate Speakeasy voice and data systems regardless of their legacy infrastructure, making it simple for companies to upgrade to this more efficient, less expensive technology. Speakeasy SIP trunking provides integrated voice and data through PBXs accepting analog, digital T1-CAS, ISDN-PRI or direct SIP delivery.
The initial ADTRAN Alliance Program members, featuring both IPT technology partners and SIP trunking service provider partners, comprise a standards-based, next-generation network with ADTRAN's NetVanta 7000 converged IP PBX platform at the core. Products and services selected for inclusion in the program address key needs in the SMB market with a wide range of business applications that enabling end users to increase productivity and efficiency while reducing costs. Reseller partners also benefit from an enhanced, comprehensive solution offering.
"We've created the ADTRAN Alliance Program to help identify best-of-breed technology providers that are particularly equipped to address the network issues and challenges facing our customers today," said Tim Saunders, vice president, product management, ADTRAN Enterprise Networks Division. "Together with companies like Speakeasy, we are empowering our customers by giving them the necessary tools to build an end-to-end communications network best suited to their needs."
Members of the alliance have successfully completed interoperability testing with ADTRAN's NetVanta 7000 Series platform, which offers a complete voice and data networking solution for business locations of up to 50 stations. These innovative platforms combine multiple functions including an IP PBX, voice mail, multilevel auto attendant, full-featured IP router, 24-port PoE switch, firewall and Virtual Private Network (VPN) into a one box system. A wealth of integrated features, enhanced ease of use and industry-leading interoperability makes the NetVanta 7000 IP PBX Series an attractive solution for converged SMB networks.
For more about Speakeasy, please visit the company's website at http://www.speakeasy.net/ or call 1-800-556-5829.
About Speakeasy
Speakeasy is one of the nation's leading broadband voice (VoIP), data and IT service providers. Speakeasy helps small businesses succeed by offering simplified voice and data solutions that improve the customer experience, increase employee productivity and help cut costs. Based in Seattle, Speakeasy has provided award-winning customer service since 1994 and joined the Best Buy family of companies in April 2007, working with Best Buy For Business to champion technology for small businesses throughout the U.S. Visit Speakeasy at http://www.speakeasy.net/ or call 800.556.5829.
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Bruce Chatterley
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=87047
Speakeasy
CONTACT: Media, Andy Kill, +1-650-691-7311, kill@airfoilpr.com, for Speakeasy
Web Site: http://www.speakeasy.net/
Alcatel-Lucent Accelerates the Deployment of Interactive TV and Advertising Services for Cable TV
WASHINGTON, D.C., April 1 /PRNewswire/ -- At The Cable Show today, Alcatel-Lucent (Euronext Paris and NYSE: ALU)
took the next step in enriching and personalizing the cable TV experience by
announcing that its popular Interactive Media Manager (IMM) now supports the
two main standards-based platforms in the cable industry, EBIF and
tru2way(TM) technologies.
With IMM, cable operators, content providers and media
agencies can now quickly create new interactive TV applications such as
enhanced TV (voting, competitions and polls) or interactive advertisement to
augment the broadcast experience and to offer the TV viewer a real
interactive and personal TV experience. This allows users to engage with the
content and brand of their choice via interactivity enabled by the IMM.
Alcatel-Lucent's Bell Labs is developing a wide range of
enhanced interactive applications that provide mobile, call back and other
digital media redemption capabilities to the brands and advertisers. This
combined with the power of IMM will ensure the increased success of EBIF and
Tru2way in this growing industry.
"This is an excellent opportunity for Alcatel-Lucent to
provide its wealth of knowledge and experience in building and delivering
interactive solutions to the cable industry," said Mark Janes, vice president
of Alcatel-Lucent's Digital Media and Advertising activities. "Cable
operators, content producers and agencies using Alcatel-Lucent's IMM solution
will be able to quickly adapt to their viewer's fast changing needs thanks to
the huge flexibility and scalability of our solution's design, build and
template-based architecture."
"What makes the IMM unique is its open standards approach,
complementing and working with existing parts of the value chain to deliver
interactivity. Its easy to use, intuitive, web-based tools are ideal for
editors, producers, and agencies to design, create, publish and manage
interactive TV services as often as they desire", Mark Janes added.
By providing a design/authoring environment together with a
comprehensive set of templates and functionality, the IMM enables the
creation and management of unlimited interactive applications for multiple
platforms and devices. This makes it possible to write an application once
that can be deployed many times, giving the content providers and media
agencies a simplified creation and management environment so that they can
focus on their core expertise and do not have to worry about the technical
capabilities of the actual interactive digital TV platform.
About EBIF and Tru2way
EBIF is designed to work with legacy set-top boxes reaching
millions of homes with existing digital cable TV services. Tru2way is a
technology that is a full OpenCable environment and is the next evolution of
cable TV with even more advanced interactive TV services. Cable operators
that have announced support for the tru2way platform represent about 80% of
all US cable subscribers.
About the Alcatel-Lucent 5930 Interactive Media Manager
The Alcatel-Lucent 5930 Interactive Media Manager enables
subscribers to interact with the brands they care about in compelling new
ways across multiple platforms, including mobile, PC, IPTV, as well as
digital satellite, cable and terrestrial. Employing a complete design, build
and publishing tool set together with pre-tested, intuitive, web-based
templates, it enables content providers to easily and affordably design,
create and manage interactive TV applications such as voting, enhanced TV and
interactive advertising to reach consumers in new ways while also providing
subscribers with a more personalized TV experience.
The IMM delivers a broad set of tools that gives full control
of application design, service creation and on-going management to
interactive services. The IMM strategy is to accelerate the deployment cycle
while reducing the internal development costs. Additionally, the IMM is
designed to support the television operator's delivery of comprehensive
service offerings with its multi-platform publishing capabilities delivering
content to the many devices their subscriber may have. This is done via a
centralized hub that delivers the same capabilities to TV, Internet and
Mobile subscribers.
For more information please visit:
http://www1.alcatel-lucent.com/products/productsummary.jsp?productNumber=tcm%3A228-1368951635
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted
partner of service providers, enterprises and governments worldwide,
providing solutions that to deliver voice, data and video communication
services to end-users. A leader in fixed, mobile and converged broadband
networking, IP technologies, applications and services, Alcatel-Lucent
leverages the unrivalled technical and scientific expertise of Bell Labs, one
of the largest innovation powerhouses in the communications industry. With
operations in more than 130 countries and the most experienced global
services organization in the industry, Alcatel-Lucent is a local partner with
a global reach. Alcatel-Lucent achieved revenues of Euro 16.98 billion in
2008 and is incorporated in France, with executive offices located in Paris.
For more information, visit Alcatel-Lucent on the Internet:
http://www.alcatel-lucent.com
Alcatel-Lucent
Alcatel-Lucent Press Contacts: Régine Coqueran, Tel: +33(0)1-40-76-49-24, regine.coqueran@alcatel-lucent.com; Leonard Pesheck, Tel: +1-630-713-6437, pesheck@alcatel-Lucent.com. Alcatel-Lucent Investor Relations: Rémi Thomas, Tel: +33(0)1-40-76-50-61, remi.thomas@alcatel-lucent.com; Tom Bevilacqua, Tel: +1-908-582-7998, bevilacqua@alcatel-lucent.com; Tony Lucido, Tel: +33(0)1-40-76-49-80, alucido@alcatel-lucent.com; Don Sweeney, Tel: +1-908-582-6153, dsweeney@alcatel-lucent.com.
New Entry-Level Server Platform Gives Small Businesses Access to Big-Business SolutionsMicrosoft introduces Windows Server 2008 Foundation, a foundation for business growth and the community.
REDMOND, Wash., April 1 /PRNewswire-FirstCall/ -- Microsoft Corp. has expanded its industry-leading Windows Server family of operating systems with the addition of Windows Server 2008 Foundation. Built for small businesses with 15 or fewer users, Windows Server 2008 Foundation puts the reliability, security and manageability of the Windows Server platform within the reach of all businesses at an affordable price. Windows Server 2008 Foundation is initially available in 40 countries and will provide small business customers with the ability to run business applications and databases, host Web sites, and provide basic server functionality such as file and print sharing and remote access.
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Microsoft is committed to empowering small businesses around the world with the technology and resources they need to drive innovation and get the most out of their investments quickly and cost-effectively. This commitment and opportunity were reiterated by Microsoft's CEO Steve Ballmer.
"Today we are launching a new server-based solution with the right technologies at the right price to give small businesses access to the power of server-based business software," Ballmer said. "Small businesses around the world have big business dreams and needs. To support their success I am also pleased to announce that we will donate a portion of the revenues of Windows Server 2008 Foundation to TechSoup.org and Telecentre.org, two organizations that focus on bringing the power of technology to nonprofits around the world. We see this as an opportunity not only to deliver a technical foundation for business growth but also to create a financial foundation for community."
Microsoft's goal is to provide a Windows Server-based solution for every customer need, size and budget. Windows Server 2008 Foundation delivers server functionality that customers have come to expect from Microsoft in a familiar Windows environment. As the business grows, customers can upgrade to other members of the Windows Server family, which provide additional functionality such as integrated e-mail, simplified management, virtualization and other advanced features. Customers can invest in Windows Server 2008 Foundation with confidence that there will be a Windows Server-based solution that suits their evolving business needs.
"Microsoft is filling a crucial hole at the low end of its Windows Server portfolio by delivering a simple, low-cost solution geared for small businesses and first-time server users," said Al Gillen, program vice president, IDC. "Windows Server 2008 Foundation really rounds out Microsoft's server platform and provides a solution for a key market segment."
Microsoft expects the new server platform to be especially popular in small businesses across all markets. The modest cost will make it possible for businesses to grow, innovate and stay competitive in a globally diverse marketplace which in turn can ignite growth for their local economies. The company will make the operating system available initially across 40 countries and in several languages, beginning with English, Traditional and Simplified Chinese, Japanese, Brazilian Portuguese, Spanish and Turkish, with more localized versions coming throughout the year. Microsoft will also demonstrate to customers a simple way to make a difference in each of these communities. From now until Sept. 30, 2009, a portion of every Windows Server 2008 Foundation sale will go to TechSoup.org and Telecentre.org, two global nonprofit organizations that strive to serve nonprofits and social entrepreneurs to use technology more effectively.
"Windows Server 2008 Foundation is a great addition to the products offered by Microsoft to meet the needs of smaller organizations, including nonprofits, and this grant will allows us to expand the information available to help nonprofits learn how to best make use of new technology products to achieve their respective missions as efficiently and effectively as possible," said Rebecca Masisak, Co-CEO, TechSoup Global.
Original equipment manufacturer (OEM) server hardware makers have been instrumental in bringing Windows Server 2008 Foundation to market by validating the need for a Windows Server-based solution uniquely focused on the needs of this segment of small companies around the world. Microsoft quickly responded to develop the product and partnered with OEMs to provide a simplified and convenient buying experience. Windows Server 2008 Foundation will be sold preinstalled on servers from manufacturers, including Dell Inc., HP and IBM Corp. Each OEM will set its own prices, which may vary by country. The first such machines will be available for purchase in the coming months. More information and details on how to purchase Windows Server 2008 Foundation are available at http://www.microsoft.com/windowsfoundationserver. Windows Server 2008 Foundation takes advantage of the same application certification requirements as Windows Server 2008. Applications certified for Windows Server can be found at http://www.windowsservercatalog.com/.
Additional information on Windows Server can be found at the Windows Server Division blog at http://blogs.technet.com/windowsserver/default.aspx.
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Quote Sheet
CommVault
"CommVault customers can utilize the Windows Server Foundation product for Simpana software and gain the advantages of CommVault's DeDuplication, archiving, content search, application management and storage capabilities. Windows Server Foundation showcases Simpana software's 64-bit optimization while providing a unique platform for Microsoft customers to enhance their data management needs."
-- Randy De Meno
Chief Technologist
CommVault
Dell
"Dell and Microsoft share a passion for simplifying technology for small-business owners and worked together to create a solution that would meet their needs. By offering Windows Server 2008 Foundation preinstalled on Dell PowerEdge servers, customers will have access to cost-effective IT resources, free training and ongoing updates to help them run their businesses more efficiently."
-- Sally Stevens
Director
PowerEdge Platform Marketing
Dell
Henry Schein Practice Solutions
"We are excited about Windows Server 2008 Foundation and the opportunity it provides small- business customers. This will definitely help customers get the same great benefits of Windows platform at a lower cost."
-- Bruce Lieberthal
Vice President
Product Management and Development
Henry Schein Practice Solutions
HP
"Small businesses need to grow, innovate and stay competitive in a globally diverse marketplace. With the availability of Microsoft Foundation Server on HP ProLiant servers, we provide these customers with new opportunities to grow - even in a challenging economic climate."
-- Paul Gottsegen
Vice President, Marketing
Industry Standard Servers
HP
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Microsoft Corp.
CONTACT: Rapid Response Team of Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.
Web Site: http://www.microsoft.com/
TerreStar Networks, EB (Elektrobit) Deliver Wireless Innovation With Enhancements to Its Satellite-Terrestrial Smartphone Reference DesignPreparing for the Launch of TerreStar's Satellite, TerreStar and EB Improve the Smartphone Reference Devices' Usability; Enhancing End-User Experience
LAS VEGAS, April 1 /PRNewswire/ -- (CTIA WIRELESS 2009, TerreStar Booth -- Central Hall, #8964; EB Booth - Hall C3, #6224), -- TerreStar Networks, a satellite terrestrial mobile broadband network provider and a majority owned subsidiary of TerreStar Corporation and EB, Elektrobit Corporation (OMX: EBC1V), a leading developer of cutting-edge embedded technology solutions for automotive and wireless industries, have enhanced the usability and industrial design of their integrated satellite-terrestrial smartphone reference design. These design enhancements will enable a richer, more robust end-user experience. This innovative wireless device will be on display at CTIA WIRELESS in Las Vegas, April 1 - 3, 2009.
TerreStar's game changing mobile satellite service will enable users across North America to be connected to TerreStar's network through a "virtual handshake" between the next-generation mobile satellite and a next generation terrestrial network. Leveraging EB's creative engineering and expertise in multi-radio technologies, EB and TerreStar were able to create an ultra sleek, modernized next-generation integrated satellite-terrestrial solution that focuses on enriching end-user experiences through sophisticated and tailored wireless applications.
The latest design evolution of this integrated satellite-terrestrial smartphone offers an upgraded industrial design with a more user-friendly keyboard for improved usability, and enriched graphics capabilities for a more dynamic end-user experience. Other highlights of the satellite-terrestrial reference device include:
-- Compact form factor with an internal antenna
-- The world's first quad-band GSM and tri-band WCDMA/HSPA smartphone
with integrated all-IP satellite-terrestrial voice and data
capabilities;
-- The only fully IP-based satellite phone using high-speed packet data;
-- The first satellite-terrestrial smartphone with a touch screen and a
full QWERTY keyboard;
-- The first satellite-terrestrial smartphone with planned service
offerings, including: SMS, MMS, IM, Email, Push to Talk and Location
Based Services (LBS).
"To provide end-users with the ability to communicate in a truly anywhere environment, we collaborated with EB to design and develop this revolutionary satellite-terrestrial smartphone," said TerreStar CTO, Dennis Matheson. "The new enhancements announced today will allow end users to enjoy ubiquitous access to high speed, secure and resilient satellite-terrestrial communications."
"Throughout the development and design process, EB has been focused on what we envisioned TerreStar's wholesale customers and end-users would require in an integrated satellite-terrestrial smartphone device," said Ari Virtanen, executive vice president, EB Wireless Solutions. "By pairing our technology assets and advanced research and development services, with complementary third-party Intellectual Property (IP) components and powerful usability testing feedback, we have creatively turned wireless technologies into a robust, value-driven device that will enrich TerreStar's customers' experiences."
For more information about TerreStar Networks and EB, please visit: http://www.terrestar.com/, and http://www.elektrobit.com/, respectively. Additionally, you can learn more about each organization's CTIA activities by visiting TerreStar at booth #8964 (Central Hall), and EB at booth, #6224 (Hall C3).
FURTHER INFORMATION:
TerreStar Networks Inc
TerreStar Networks (http://www.terrestar.com/), a majority owned subsidiary of TerreStar Corporation , plans to offer a reliable and secure satellite terrestrial mobile broadband network that will provide voice, data and video services dedicated to helping solve the critical communication and business continuity challenges faced by government, emergency responders, enterprise businesses and rural communities. TerreStar expects to offer next generation mobile communications through a network of partners and service providers to users who need "anywhere" coverage throughout the United States and Canada.
EB, Elektrobit Corporation
EB creates advanced technology and turns it into enriching end-user experiences. EB is specialized in demanding embedded software and hardware solutions for wireless and automotive industries. The net sales for the year 2008 totalled MEUR 172.3. Elektrobit Corporation is listed on NASDAQ OMX Helsinki. http://www.elektrobit.com/.
Kelly Adams
Director, Marketing & Communications
TerreStar
Cell: +1 703 930 6449
Email: kadams@terrestar.com
Mari Kahkonen
Director, Marketing and Sales
EB Wireless Solutions
Cell: +358 40 344 5348
Email: mari.kahkonen@elektrobit.com
Chris Fallon
Senior Vice President
Ruder Finn for EB
Cell: +1 917 974 1667
Email: fallonc@ruderfinn.com
EB
CONTACT: Kelly Adams, Director, Marketing & Communications of TerreStar, Cell: +1-703-930-6449, kadams@terrestar.com; or Mari Kahkonen, Director, Marketing and Sales of EB Wireless Solutions, Cell: +358-40-344-5348, mari.kahkonen@elektrobit.com; or Chris Fallon, Senior Vice President of Ruder Finn for EB, Cell: +1-917-974-1667, fallonc@ruderfinn.com
Web Site: http://www.terrestar.com/ http://www.elektrobit.com/
Verizon Wireless LTE Innovation Center to Drive 4G Next Generation Wireless Product DevelopmentVerizon Wireless LTE Innovation Center will Help Build LTE Ecosystem with Focus on Consumer Electronics, M-2-M Products and Telematics
LAS VEGAS, and BASKING RIDGE, N.J., April 1 /PRNewswire/ -- From CTIA WIRELESS 2009(R), Verizon Wireless detailed its approach to driving product and service development on its upcoming fourth generation, or 4G, network. The company is now developing the Verizon Wireless LTE Innovation Center, which will be designed to drive innovation and help foster creative solutions connecting people, places and things wirelessly using LTE technology, which in turn will help build a broad ecosystem of devices in tandem with the aggressive deployment of Verizon Wireless' LTE network. The Verizon Wireless LTE Innovation Center will leverage the wireless leader's experience to help developers assess what types of new products and services may best succeed in the marketplace.
"We are building the Verizon Wireless LTE Innovation Center to be an incubator where imagination will be the only barrier to designing incredible new wireless products and services," said Roger Gurnani, Verizon Wireless senior vice president of product development. "With support from two of the most important wireless infrastructure companies on the globe, Ericsson and Alcatel-Lucent, we expect to provide innovative companies with the tools they require to launch a whole new generation of wireless consumer and business products and services."
Based in the suburban Boston community of Waltham, Mass., Verizon Wireless' LTE Innovation Center will include a lab for product testing and development, as well as home and business environments designed to simulate usage of products in real-life situations.
A catalyst for early development of non-traditional products for use on LTE networks, the Verizon Wireless LTE Innovation Center is expected to see significant activity across three product areas: 1) consumer electronics and appliances; 2) machine-to-machine (M-2-M) products in the areas of healthcare, security and utility metering; and 3) telematics.
The Verizon Wireless LTE Innovation Center will support early stages of product development, including concept validation, usability studies, product design analysis, prototyping, and lab and field trials. Once a product is proven through the development process and ready to come to market, Verizon Wireless can help the developer quickly access the most appropriate sales channels for a given product.
Verizon Wireless' Gurnani said, "The Verizon Wireless LTE Innovation Center will be solely focused on helping Verizon Wireless technology partners quickly develop and bring to market new and innovative LTE-based solutions. We're at the onset of the LTE revolution, and the Verizon Wireless LTE Innovation Center will set the standard for product development and help us lead the way toward near-ubiquitous global wireless broadband connectivity and mobility."
Ericsson and Alcatel-Lucent, primary network vendors for Verizon Wireless' initial LTE network deployments and founding partners of the Verizon Wireless LTE Innovation Center, will offer expertise to a wide array of companies, many of which never have had products ripe for commercial deployment on a wireless network. This includes providing commercial-grade hardware and software for prototyping, testing and validation, and resources to help manage the lab and work through any service integration and hand-off design issues that may arise during the testing process.
Angel Ruiz, chief executive officer and president of Ericsson North America, said, "The Verizon Wireless LTE Innovation Center will help create an ecosystem to explore the full potential of the LTE mobile broadband experience and its value to consumers and business customers. Ericsson is proud to be part of this unique collaboration to bring together leading wireless technology, device and application innovators to help create future opportunities with LTE, the emerging global mobile technology."
Ken Wirth, vice president of sales for Alcatel-Lucent, said, "By fostering an environment uniting companies, Verizon Wireless is helping build a strong ecosystem aimed at effectively innovating, removing business and technical barriers, and defining new models to accelerate mass adoption of new services and devices. As a founding partner of the Verizon Wireless LTE Innovation Center, Alcatel-Lucent is building on our proven success in developing open-device networks that will help bring whole new classes of services to market."
In addition, Verizon Wireless today named Brian Higgins as executive director of the Verizon Wireless LTE Innovation Center. Higgins, a 14-year veteran with significant technology planning and product development experience within Verizon Wireless, will be working on building a broad-based community of interest, focused on the rapid development of new and innovative business models -- ones that can only be unleashed through the power of LTE.
Higgins noted, "My team will be focused on working through a simple question with our device and application partners: If we gave you the ability to wirelessly network anything, what would you do?"
LTE's Promise
The LTE network will connect a full range of consumer electronics devices and machines to each other -- the holy grail of true wireless interconnectivity. Initial commercial products using LTE technology will likely include faster versions of existing 3G products, such as PC cards and smartphones, with significantly faster e-mail and Internet access and better quality video services. However, advanced LTE-based wireless networks will offer the ability to take home or office applications into the mobile world, provide coverage options in some rural areas not currently served by broadband, and create opportunities for wide-scale international roaming that may provide a significant benefit for companies looking to wirelessly enable their consumer electronics, M-2-M and telematics products.
For more information on products and services from Verizon Wireless, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or 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: Jeffrey Nelson, Verizon Wireless, +1-917-968-9175 (mobile), Jeffrey.Nelson@verizonwireless.com
Web Site: http://www.verizonwireless.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Stream Global Services Named in 2009 Global Services 100
BOSTON, April 1 /PRNewswire-FirstCall/ -- Stream Global Services, Inc. (NYSE Amex: OOO), a leading integrated business process outsourcing (BPO) provider, was named to the 2009 Global Services 100 (GS100) list and ranked as a winner in the top 10 Best Performing Contact Center category. Stream has made both lists for four consecutive years; this year moving to fifth place on the category list from ninth position in 2008. Global Services magazine and consulting firm neoIT announced the category awards at the 2009 Global Services Conference in New York in February.
The Global Services 100 honors global companies that demonstrate leadership, innovation and outstanding performance in information technology outsourcing (ITO) and business process outsourcing (BPO). The GS 100 companies are selected on the basis of a research study conducted by Global Services magazine and neoIT, an outsourcing advisory company. The GS 100 also includes leaders in 11 different categories including Best Contact Centers. The GS100 holds the distinguished position of being the only objective award program of its kind in the Services Globalization industry.
"Making the GS100 and top 10 contact center category lists for four straight years is a testament to Stream's dedication to service excellence and outstanding operational performance," said Chairman and CEO Scott Murray. "Stream's global processes and multi-shore footprint ensure optimal delivery of our service solutions across all our market segments. Our strong focus on client relationship management has enabled us to sustain and grow our business."
Stream's most recent growth activities include a solution center acquired in El Salvador, its fifth site in the emerging Latin American market, and one in the Philippines. In addition to its global expansion and offshore capabilities, Stream continues to grow its business by delivering consistent, high-quality service to all its clients. "Moving up in this year's best performing contact center category list is an even greater accomplishment given our rapid growth in the past year. It is an honor to be recognized in the industry while still serving our clients and garnering their support and recognition as well," continued Murray.
"The Global Services 100 Study, in its fifth year, has become the industry standard for identifying leading companies around the world who are making an impact in the field of global services. We congratulate this year's field, especially the organizations that have demonstrated functional and geographic excellence and were selected to the category specific 'Top 10 Lists'," said Eugene Kublavov, CEO, neoIT.
For more information contact:
Karen Falcone
VP, Global Marketing
Stream Global Services
Karen.falcone@stream.com
About Stream Global Services, Inc.
Stream Global Services, Inc. is a leading provider of integrated business process outsourcing services such as, technical support, customer retention, customer sales, cash collections, warranty support, customer care, web hosting and other professional services for Fortune 1000 clients in the technology, software, computing, consumer electronics, media and communications sectors. Stream has more than 17,000 technical experts and other employees across 33 solution centers in 18 countries. For information about Stream, visit http://www.stream.com/.
Stream Global Services, Inc.
CONTACT: Karen Falcone, VP, Global Marketing of Stream Global Services, +1-781-304-1841, Karen.falcone@stream.com
Web Site: http://www.stream.com/
Texas Instruments' dual-output, multi-phase Fusion Digital Power(TM) controller provides intelligent point-of-load designFull-featured graphical user interface eases designs, helps speed time-to-market
DALLAS, April 1 /PRNewswire/ -- Expanding the company's line of Fusion Digital Power controllers, Texas Instruments Incorporated (TI) today introduced a new dual-output, multi-phase synchronous buck controller that can support various point-of-load configurations. The UCD9220 device provides 250 picoseconds of pulse-width-modulation, a 2-MHz switching frequency and high DC conversion ratios, while maintaining stable operation. The flexible controller meets complex power design requirements in telecommunications, server, data storage and industrial test and measurement applications. Designers can use the Digital Power Designer, a full-featured graphical user interface, to configure the device easily and speed time-to-market. For product details see http://www.ti.com/ucd9220-pr.
Key features/benefits of the UCD9220
-- Flexible digital power control enables full loop compensation,
including on-linear control for enhanced transient performance and
system reliability
-- Phase current balancing ensures uniform power dissipation
-- Configurable switching frequency up to 2 MHz increases bandwidth and
allows use of smaller passive components to save board space
-- Optimized power management features to enhance performance, such as
PMBus(TM)-configurable voltage setting, sequencing, power-up and
power-down timing and fault response
-- 250 picoseconds of pulse-width-modulation allows for a high switching
frequency and high conversion ratios while maintaining stable
operation
Availability and pricing
The UCD9220 is available in a QFN-48 package and is priced at $2.65 in quantities of 1,000. The UCD9220 evaluation module will be available in late second quarter 2009.
Find out more about TI's digital power portfolio by visiting the links below:
-- Digital Power portfolio, tools and software:
http://www.ti.com/digitalpower-pr
-- TI's complete power management portfolio: http://www.power.ti.com/
-- TI's digital power E2E online community:
http://community.ti.com/forums/108.aspx
-- Follow TI on Twitter: http://www.twitter.com/txinstruments
About Texas Instruments
Texas Instruments helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 30 countries. For more information, go to http://www.ti.com/
Please refer all reader inquiries to:
Texas Instruments Incorporated
Semiconductor Group, SC-09042
Literature Response Center
14950 FAA Blvd.
Fort Worth, TX 76155
1-800-477-8924
Trademarks
Fusion Digital Power is a trademark of Texas Instruments. All registered trademarks and other trademarks belong to their respective owners.
Photo: http://www.newscom.com/cgi-bin/prnh/20010105/NEF016LOGO http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Texas Instruments Incorporated
CONTACT: Julie Day of Texas Instruments, +1-214-567-4285, jday@ti.com; or Melissa Cafiero of GolinHarris, +1-972-341-2523, mcafiero@golinharris.com, for Texas Instruments. (Please do not publish these numbers or e-mail addresses.)
Web Site: http://www.ti.com/
AT&T Offers Mini Laptops, 'Internet at Home and On the Go,' and Onsite Tech Support From Retail StoresSelect AT&T Stores Trial Promotional Mini Laptop Pricing, Complimentary ConnecTech(R) Consultations; 'Internet at Home and On the Go' Broadband Service
DALLAS, April 1 /PRNewswire-FirstCall/ -- Atlanta and Philadelphia area residents can lighten their laptop and simplify their technology experience with exclusive new offers and services during a limited trial in select AT&T* stores.
AT&T today announced that in Atlanta it will:
-- Offer a variety of ultra-portable mini laptops with built-in AT&T 3G
wireless capabilities at aggressive promotional prices starting at
$49.99 with the purchase of AT&T "Internet at Home and On the Go"
broadband services.
-- Trial 30-minute in-store technical support - part of the AT&T
ConnecTech suite of services - at select locations for customers who
purchase qualifying data plans.
-- Feature, as part of the same trial in select stores, an Internet at
Home and On the Go package that combines home and mobile broadband
starting as low as $59.95 per month, including access to the nation's
fastest 3G network and unlimited domestic access to the nation's
largest Wi-Fi network with nearly 20,000 AT&T Hot Spots.
-- Pre-install AT&T Communication Manager on mini laptops, enabling
customers the ability to manage their mobile and Wi-Fi connections.
AT&T is offering similar mini laptop promotional rates with the purchase of AT&T DataConnect plans in eight AT&T retail locations in the Philadelphia area.
"Broadband is not just about speed anymore - it's about mobility," said David Christopher, Chief Marketing Officer, AT&T Mobility and Consumer Markets. "We want our customers to have Internet at Home and On the Go. Pairing mini laptops with AT&T's home, Wi-Fi, and mobile broadband offerings enables consumers to get the most from their new devices, virtually anywhere, anytime."
Mini laptops are lightweight computers that make it easy to surf the Internet, send and receive email, keep social networking sites updated and manage digital files, including photos and music.
Mini laptops available in AT&T stores include the Acer Aspire One, Dell Inspiron Mini 9 and Mini 12, and LG Xenia. Promotional prices range from $49.99 to $249.99 with the purchase of an AT&T Internet at Home and On the Go plan, which includes an AT&T DataConnect plan and AT&T Fast Access DSL, starting at $59.95 per month. Without those AT&T services, these mini laptops range in price from $449.99 to $599.99.
With the purchase of a two-year AT&T DataConnect plan only, mini laptop pricing ranges from $99.99 to $349.99. AT&T is offering two mobile DataConnect plans in the trial, including a 200MB plan for $40 per month and a 5GB plan for $60 per month - options that meet the needs of casual to occasional data users, as well as frequent and heavy users.
In addition to mini laptops, the trial will also feature an award winning, ultraportable laptop with built-in 3G capabilities: the Lenovo X200 for $749.99 with Internet at Home and On the Go. The laptop is available for $849.99 with a two-year DataConnect plan only.
The mini laptops will come with AT&T Communication Manager preloaded to help customers manage their usage and connections. The Communication Manager will prompt customers to connect to AT&T Hot Spots when available, stores information for previously used Wi-Fi networks and is capable of displaying usage notifications.
At select trial stores, mini laptop customers signing up with a qualifying data plan can take advantage of a free 30-minute AT&T ConnecTech technical session to ensure they are ready to use their new device as soon they leave the store.
AT&T's ConnecTech is a premiere service suite of support, installation, and maintenance services that provide comprehensive remote and in-home computing and home entertainment assistance.
Consumers can take advantage of the mini laptop offers at eight AT&T retail locations in the Atlanta area.
Additional information on ConnecTech services is available at http://connectech.att.com/.
For the complete array of AT&T offerings, visit http://www.att.com/.
* AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of their three-screen integration strategy, AT&T operating companies are expanding their TV entertainment offerings. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE(R) magazine's list of the World's Most Admired Companies. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
AT&T imposes: a Regulatory Cost Recovery Charge of up to $1.25 to help defray costs incurred in complying with obligations and charges imposed by State and Federal telecom regulations; State and Federal Universal Service charges; and surcharges for government assessments on AT&T. These fees are not taxes or government-required charges. Limited-time offer. Other conditions & restrictions apply. See contract & rate plan brochure for details. Subscriber must live & have a mailing addr. within AT&T's owned wireless network coverage area. Up to $36 activ. fee applies. Equipment price & avail may vary by mrk & may not be available from independent retailers. Early Termination Fee: None if cancelled in the first 30 days, but up to $20 restocking fee may apply to equipment returns; thereafter up to $175.
AT&T ConnecTech Onsite Consultation: Qualifying wireless data plan required. Includes (1) review of interest and needs in regard to covered minilaptop device, (2) device tips and general navigation tools including support of device functionality, (3) help and support with initial setup. Terms and conditions apply, see connectech.att.com/static/TermsOfService.html or call 1-866-421-4640.
(C) 2009 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Sue McCain of AT&T Corporate Communications, +1-314-982-8664, smccain@attnews.us
Web Site: http://www.att.com/
Solar Energy Research Institute of Singapore Adopts Synopsys' Sentaurus TCAD for Solar Cell ResearchDevice Simulation Enables Optimization of Solar Cells to Improve Efficiency and Reduce Cost
MOUNTAIN VIEW, Calif., April 1 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design and manufacturing, today announced that the Solar Energy Research Institute of Singapore (SERIS) has adopted Synopsys' Sentaurus TCAD to support its solar cell research and development programs. SERIS is Singapore's national institute for applied solar energy research and is jointly sponsored by the Singapore Economic Development Board (EDB) and the National University of Singapore (NUS). The Sentaurus TCAD tools will initially be used to support SERIS' silicon-based solar cell research. The tools simulate the fabrication steps and photovoltaic (PV) performance of solar cells, allowing SERIS researchers to investigate and optimize current and new cell designs aiming for higher PV efficiency and lower cost.
With photovoltaic technologies playing an increasing role in the sustainable energy supply, the establishment of SERIS as a center for PV research in the Asia-Pacific region is an important step to foster innovation for this rapidly growing segment locally. The research at SERIS focuses on the development of materials, components, processes and systems for photovoltaic electricity generation and energy-efficient buildings.
"Solar cells are demanding semiconductor devices. To bring down the cost of solar photovoltaic electricity, we need to realize advanced solar cell designs using inexpensive semiconductor materials and surface coatings. Multi-dimensional computer simulation is a powerful tool to provide us with the physical insight needed to explore and optimize new designs," said Professor Armin Aberle, deputy chief executive officer of SERIS.
"We see a big role for simulation in the development of solar cells. The work SERIS is carrying out with our Sentaurus TCAD tools not only improves the current state-of-the art, but also gives us a window into the future of photovoltaic research so we can stay abreast of this rapidly changing field and continue to improve our capabilities," said Howard Ko, general manager and senior vice president of the Silicon Engineering Group at Synopsys.
About Synopsys TCAD
Technology Computer-Aided Design (TCAD) refers to the use of computer simulation to model semiconductor processing and device operation. TCAD provides insight into the fundamental physical phenomena that ultimately impact performance and yield.
About Synopsys
Synopsys, Inc. is the world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design and manufacturing. Synopsys' comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, software-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys' customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys online at http://www.synopsys.com/.
Synopsys is a registered trademark of Synopsys, Inc. Any other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.
Editorial Contacts:
Sheryl Gulizia
Synopsys, Inc.
650-584-8635
sgulizia@synopsys.com
Lisa Gillette-Martin
MCA, Inc.
650-968-8900 x115
lgmartin@mcapr.com
Synopsys, Inc.
CONTACT: Sheryl Gulizia of Synopsys, Inc., +1-650-584-8635, sgulizia@synopsys.com; or Lisa Gillette-Martin of MCA, Inc., +1-650-968-8900 x115, lgmartin@mcapr.com
Web Site: http://www.synopsys.com/
QSGI Achieves Positive EBITDA for the Fourth Quarter of 2008
HIGHTSTOWN, N.J. and PALM BEACH, Fla., April 1 /PRNewswire-FirstCall/ -- QSGI Inc. (BULLETIN BOARD: QSGI) , the most comprehensive provider of information technology services to help corporations better manage IT assets, data center maintenance expenses, and ensure best practices for data security and regulatory compliance, today reported financial results for the three months ended December 31, 2008.
Marc Sherman, Chairman and Chief Executive Officer of QSGI, commented, "Despite a challenging economic environment, we have been successful in executing company-building strategies while streamlining our operations. As a result, I am pleased to report we achieved positive earnings before interest, tax, depreciation and amortization (EBITDA) for the fourth quarter of 2008. At the same time, the difficult economic environment is driving demand for more affordable refurbished IT equipment. To address these changes in the marketplace, we implemented several initiatives that are working together to expand remarketing opportunities for refurbished computers through our Data Security & Compliance division . First, we obtained certification as a Microsoft(R) Authorized Refurbisher (MAR) of computer equipment in October 2008. As a result of this certification, QSGI is authorized to install Windows(R) XP Professional and Windows(R) XP Home Edition software on refurbished PCs to be resold with fully loaded operating systems. Second, we established a relationship with a leading on-line and catalog IT retailer for remarketing of refurbished computer equipment under the Microsoft MAR program. This relationship is off to a strong start, and we are focused on expanding this new sales channel in the coming months."
"Turning to the Data Center Maintenance division, we did experience some challenges in this division in the fourth quarter, resulting from budgetary constraints among some of our existing customers and increased pricing pressure. Offsetting this weakness, we have been actively pursuing new business in this division and believe that our value proposition and breadth of capabilities are appealing to companies seeking to save money in the current economic environment. Within our Data Center Hardware division, which supports the Data Center Maintenance division, we opened additional sourcing channels for computer parts and equipment. We had previously restructured operations in this division to eliminate inventory risk by serving as a broker for computer parts where we purchase and simultaneously sell enterprise class hardware directly from the OEM to the customer without holding parts in inventory. This strategy has enabled us to free up capital and direct resources to other key areas of the business."
"As part of a strategic decision to streamline the QSGI organization for greater efficiency, we have appointed Hank Laws to the position of Executive Vice President, Business Development, to oversee the Data Center Maintenance and Data Center Hardware divisions. Hank brings 20 years of technology sales and business development experience to his new role and is a strong addition to the team. Starting in the first quarter of 2009, QSGI will report results of operations for the Data Center Maintenance and Hardware divisions as a single business segment. The alignment of these businesses enables us to offer customers a more integrated solution at favorable price points. We are also working to closely integrate CCSI, which we acquired in July 2008. Through this acquisition, we have brought more key capabilities in-house, and are now able to provide our existing clients a broader offering including a Network Operating Center (NOC) and additional infrastructure support services."
Mr. Sherman concluded, "We are pleased to have achieved positive EBITDA on a company-wide basis during the fourth quarter, although the first quarter of 2009 has proven very challenging. As a result of increased sales through one of our channel partners, we faced customer concentration issues with our lender that limited our ability to remarket third-party equipment. Our lender has granted us a forbearance period until May 31, 2009, in addition to increasing our lending by approximately $1 million, and raising our concentration cap. This should allow us to resume growth and positive cash flow in future quarters and work us back into compliance with our lender. In addition, we have reduced over $2.5 million of operating expenses during the first quarter alone. This corporate restructuring and overhead reduction plan has had no effect on our ability to service clients and refurbish products. We feel we have taken the right steps to prepare QSGI for any market condition, and strongly believe these measures will prove out in future quarters."
Total revenue for the fourth quarter of 2008 increased 19% to $11.2 million, as compared with $9.4 million for the same period in 2007. The increase in revenue reflects an increase in services revenue to $5.6 million from $1.9 million for the same period last year, partially offset by a decline in product revenue to $5.6 million from $7.5 million for the same period last year. The increase in services revenue was primarily due to the acquisition of CCSI in July 2008. Gross profit for the company was $3.2 million, compared to gross profit of $1.9 million in the fourth quarter of 2007. The increase in gross profit reflects the acquisition of CCSI. Selling, general and administrative expenses were $2.7 million versus $3.0 million for the same period last year reflecting additional expense reductions. Net loss available to common stockholders for the fourth quarter of 2008 was $549,223 or $0.02 per share, compared to a net loss of $9.0 million or $0.29 per share, for the same period in 2007. Net loss for the fourth quarter of 2007 included a $7.2 million charge for goodwill and asset impairment as the company took a total write down all of its goodwill and intangible assets related to the Data Center Hardware division.
About QSGI
QSGI provides a full suite of information technology services to help corporations and governmental agencies better reduce data center maintenance expenses, manage hardware assets, build best practices for data security and assure regulatory compliance. With a focus on the entire range of IT platforms - from mainframes, midrange servers and PC, to network infrastructure and enterprise storage hardware, the services offered by QSGI are specifically designed to reduce total cost of ownership for IT assets and maximize the clients' return on their IT investment. For enterprise class hardware in the data center, QSGI offers hardware maintenance services, hardware environment planning and consultation, refurbished whole systems, parts, features, upgrades and add-ons. Additionally, for desktop IT assets, servers and SAN products, QSGI offers a range of end-of-life services that include: automated asset auditing, Department of Defense (DOD) level data destruction, documentation for regulatory compliance, hardware refurbishment with worldwide remarketing or proper IT asset recycling. Additionally, through its acquisition of Contemporary Computer Services, Inc. (CCSI), an enterprise class IT services provider with an extensive list of corporate, educational, and government customers, QSGI also performs network design, implementation, and monthly maintenance services on corporations' networking infrastructure as well as 24/7 IT monitoring and diagnostics through its North American Network Operating Center (NOC).
Statements about QSGI's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. QSGI intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and QSGI's actual results could differ materially from expected results. QSGI undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
(tables follow)
CONSOLIDATED BALANCE SHEETS
(Unaudited)
December 31,
2008 2007
Assets
Current Assets
Cash and cash equivalents $274,150 $127,723
Accounts receivable, net of reserve of
$1,075,471 and $955,599 in 2008 and 2007,
respectively 4,689,376 3,853,362
Inventories 5,144,010 6,578,031
Prepaid expenses and other assets 242,659 163,553
Total Current Assets 10,350,195 10,722,669
Property And Equipment, Net 727,454 286,766
Goodwill 7,934,627 1,489,621
Intangibles, Net 6,017,968 470,348
Other Assets 285,198 448,066
Total Assets $25,315,442 $13,417,470
Liabilities And Stockholders' Equity (Deficit)
December 31, December 31,
2008 2007
Current Liabilities
Revolving line of credit $5,351,130 $3,754,061
Accounts payable 4,128,170 1,109,940
Accrued expenses 1,048,652 654,461
Accrued payroll 164,311 88,818
Deferred revenue 385,805 439,865
Other current liabilities 288,360 311,610
Total Current Liabilities 11,366,428 6,358,755
Long-Term Deferred Revenue 19,000 142,772
Notes Payable - Principal Stockholder 10,000,000 -
Deferred Income Taxes 27,300 27,300
Total Liabilities 21,412,728 6,528,827
Redeemable Convertible 4,257,910 4,238,685
Preferred Stock Commitments And Contingencies
(Notes 2, 8 And 14)
Stockholders' Equity (Deficit)
Preferred shares: authorized 5,000,000 in
2008 and 2007, $0.01 par value, none issued - -
Common shares: authorized 95,000,000 in
2008 and 2007, $0.01 par value; 48,547,716
shares in issued and outstanding in 2008, of
which 10,000,000 shares were contingent
acquisition shares held escrow, and
31,172,716 shares issued and outstanding
in 2007 385,477 311,727
Additional paid-in capital 16,723,724 14,134,298
Accumulated deficit (17,464,397) (11,796,067)
Total Stockholders' Equity (Deficit) (355,196) 2,649,958
Total Liabilities and Stockholders'
Equity (Deficit) $25,315,442 $13,417,470
CONSOLIDATED STATEMENTS OF OPERATIONS
For The Twelve Months Ended December 31, 2008 and 2007
(Unaudited)
For The Years
Ended December 31,
2008 2007
Product Revenue $19,768,862 $30,126,257
Service Revenue 14,382,038 7,094,853
Total Revenue 34,150,900 37,221,110
Cost Of Products Sold 19,079,155 25,525,836
Cost Of Services Sold 7,591,768 2,516,833
Cost Of Sales 26,670,923 28,042,669
Gross Profit 7,479,977 9,178,441
Selling, General And Administrative Expenses 10,983,302 9,905,064
Goodwill And Asset Impairment - 7,206,698
Depreciation And Amortization 727,581 702,310
Interest Expense, Net of interest income 1,432,065 396,417
Loss Before Provision For Income Taxes (5,662,971) (9,032,048)
Provision For Income Taxes 5,359 243,804
Net Loss (5,668,330) (9,275,852)
Accretion To Redemption Value Of Preferred
Stock 19,225 18,108
Preferred Stock Dividend 258,708 258,000
Net Loss Available To Common Stockholders $(5,946,263) $(9,551,960)
Net Loss Per Common Share - Basic and Diluted $(0.17) $(0.31)
Weighted Average Number Of Common Shares
Outstanding - Basic and Diluted 34,340,066 31,172,716
CONSOLIDATED STATEMENTS OF CASH FLOWS
For The Twelve Months Ended December 31, 2008 and 2007
(Unaudited)
For The Years
Ended December 31,
2008 2007
Cash Flows From Operating Activities
Net loss $(5,668,330) $(9,275,852)
Adjustments to reconcile net loss
to net cash provided by (used in)
operating activities
Goodwill and asset impairment - 7,206,698
Depreciation and amortization 727,581 702,130
Stock option compensation expense 149,481 19,430
Amortization of Original Issue
Discount 258,083 -
Deferred income taxes (56,247) 174,336
Allowance for doubtful accounts 418,885 713,500
Inventory allowance 848,000 176,000
Changes in assets and liabilities;
net of acquisition
Accounts receivable (321,878) 2,977,775
Inventories 1,075,146 (1,771,321)
Prepaid expenses and other current
assets (100,912) 23,389
Other assets 435,622 (50,417)
Accounts payable, accrued expenses
and other liabilities 660,000 (660,840)
Net Cash Provided By (Used In)
Operating Activities (1,574,569) 234,828
Cash Flows From Investing Activities
Advances for notes receivable - (96,250)
Collections of notes receivable - 53,200
Cost of Acquisition (192,563) -
Cash from business acquired 255,714 -
Purchases of property and equipment (107,701) (211,713)
Proceeds from sale of equipment - 62,301
Net Cash Used In Investing Activities (44,550) (192,462)
Cash Flows From Financing Activities
Net amounts paid under previous
revolving line of credit (3,776,929) -
Payments for financing costs (25,614) (127,827)
Preferred stock dividends (258,708) (258,000)
Net amounts borrowed under current
revolving line of credit 5,826,797 (161,764)
Net Cash Provided By (Used In)
Financing Activities 1,765,546 (547,591)
Net Increase (Decrease) In Cash
And Cash Equivalents 146,427 (505,225)
Cash And Cash Equivalents -
Beginning Of Year 127,723 632,948
Cash And Cash Equivalents - End Of Year $274,150 $127,723
QSGI Inc
CONTACT: IR: David K. Waldman or Klea K. Theoharis, both of Crescendo Communications, LLC, +1-212-671-1020, qsgi@crescendo-ir.com, for QSGI Inc.
Web Site: http://www.qsgi.com/
Harris Stratex Networks Enables 4G Broadband Mobility in North America with New High-Speed IP Transport SolutionNew Eclipse(TM) Packet Node wireless backhaul solution addresses the emerging 'capacity crunch' and meets the network evolution needs of North American mobile operators
LAS VEGAS, April 1 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. , a leading specialist in backhaul solutions for mobility and broadband networks, today at CTIA Wireless 2009 introduced an enhanced Eclipse(TM) Packet Node wireless backhaul solution to enable North American mobile operators to support next-generation mobile broadband services. The enhanced Eclipse Packet Node, which includes the new IRU600 all-indoor radio unit, helps service providers avoid the backhaul bottleneck and meet the growing demands for the evolution to high-speed IP backhaul.
With the emerging 'capacity crunch,' operators must invest in new high-speed IP infrastructure to keep the pace with growing backhaul needs. Traditionally, operators have heavily relied on copper leased lines to connect base stations, but capacity-limited leased lines cannot support the backhaul demands for network evolution to 4G/LTE. Microwave backhaul will be a key technology for North American operators to lower network operational costs, while also increasing network capacity and efficiency.
The new Eclipse Packet Node solution builds on wireless backhaul technology introduced by Harris Stratex in February at Mobile World Congress, and provides the scalable capacity, IP network intelligence and key convergence features required for next-generation network deployments. Tailored to meet specific requirements of North American mobile operators, the IRU600 radio unit is an all-indoor design that enables simple access to the radio equipment for maintenance and upgrades, and occupies only a fraction of the rack space required for previous-generation equipment. The product also combines increased system performance for longer reach, with industry-leading low power consumption compared to other radios in its class, in a compact, highly-flexible architecture.
To support long-term network evolution to 4G networks, the IRU600 supports pure native Ethernet/IP traffic up to a maximum throughput of 400 Mbit/s in a single radio channel. The IRU600 also enables native mixed mode operation to provide continued support for TDM traffic, enabling gradual and controlled backhaul network migration to all-IP networks. The Eclipse Packet Node platform, including the IRU600, will be showcased at CTIA.
"The increasing availability of mobile devices with data-intensive applications is putting a strain on North American networks," said Paul Kennard, Harris Stratex chief technology officer. "Our Eclipse Packet Node platform, including the convergence-ready IRU600, enables our customers to transform their backhaul network to meet evolving demands of 4G, while also lowering OPEX and minimizing the migration risk compared with other competing backhaul solutions."
Providing the highest speed wireless IP broadband access and transport offerings is critical to building successful stimulus-related solutions for rural, unserved and underserved geographies. Leveraging cost and speed-of-deployment advantages inherent in wireless backhaul, the IRU600 radio unit delivers the high-capacity, long-distance transport necessary to meet these broadband backhaul challenges. For more information on the Harris Stratex GO-Stimulus Partnership Program, please visit the program Web site: http://www.harrisstratex.com/go_stimulus.
Harris Stratex will be featured April 1-3 at CTIA in booth #1332 in level 2 of the south hall of the Las Vegas Convention Center. For more information, please visit the Harris Stratex Networks MediaRoom showcase.
About Harris Stratex Networks, Inc.
Harris Stratex Networks, Inc. is a leading specialist in backhaul solutions for mobility and broadband networks. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit http://www.harrisstratex.com/.
Trademarks
Eclipse is a trademark of Harris Stratex Networks.
Harris Stratex Networks, Inc.
CONTACT: Investors: Mary McGowan, Summit IR Group Inc., +1-408-404-5401, mary@summitirgroup.com; or Media: Jennifer Anderson, Harris Stratex Networks, Inc., +1-919-749-7240, jennifer.anderson@hstx.com
Web Site: http://www.harrisstratex.com/
Alcatel-Lucent Accelerates the Deployment of Interactive TV and Advertising Services for Cable TV
WASHINGTON, D.C., April 1 /PRNewswire-FirstCall/ -- At The Cable Show today, Alcatel-Lucent (Euronext Paris and NYSE: ALU) took the next step in enriching and personalizing the cable TV experience by announcing that its popular Interactive Media Manager (IMM) now supports the two main standards-based platforms in the cable industry, EBIF and tru2way(TM) technologies.
With IMM, cable operators, content providers and media agencies can now quickly create new interactive TV applications such as enhanced TV (voting, competitions and polls) or interactive advertisement to augment the broadcast experience and to offer the TV viewer a real interactive and personal TV experience. This allows users to engage with the content and brand of their choice via interactivity enabled by the IMM.
Alcatel-Lucent's Bell Labs is developing a wide range of enhanced interactive applications that provide mobile, call back and other digital media redemption capabilities to the brands and advertisers. This combined with the power of IMM will ensure the increased success of EBIF and Tru2way in this growing industry.
"This is an excellent opportunity for Alcatel-Lucent to provide its wealth of knowledge and experience in building and delivering interactive solutions to the cable industry," said Mark Janes, vice president of Alcatel-Lucent's Digital Media and Advertising activities. "Cable operators, content producers and agencies using Alcatel-Lucent's IMM solution will be able to quickly adapt to their viewer's fast changing needs thanks to the huge flexibility and scalability of our solution's design, build and template-based architecture."
"What makes the IMM unique is its open standards approach, complementing and working with existing parts of the value chain to deliver interactivity. Its easy to use, intuitive, web-based tools are ideal for editors, producers, and agencies to design, create, publish and manage interactive TV services as often as they desire", Mark Janes added.
By providing a design/authoring environment together with a comprehensive set of templates and functionality, the IMM enables the creation and management of unlimited interactive applications for multiple platforms and devices. This makes it possible to write an application once that can be deployed many times, giving the content providers and media agencies a simplified creation and management environment so that they can focus on their core expertise and do not have to worry about the technical capabilities of the actual interactive digital TV platform.
About EBIF and Tru2way
EBIF is designed to work with legacy set-top boxes reaching millions of homes with existing digital cable TV services. Tru2way is a technology that is a full OpenCable environment and is the next evolution of cable TV with even more advanced interactive TV services. Cable operators that have announced support for the tru2way platform represent about 80% of all US cable subscribers.
About the Alcatel-Lucent 5930 Interactive Media Manager
The Alcatel-Lucent 5930 Interactive Media Manager enables subscribers to interact with the brands they care about in compelling new ways across multiple platforms, including mobile, PC, IPTV, as well as digital satellite, cable and terrestrial. Employing a complete design, build and publishing tool set together with pre-tested, intuitive, web-based templates, it enables content providers to easily and affordably design, create and manage interactive TV applications such as voting, enhanced TV and interactive advertising to reach consumers in new ways while also providing subscribers with a more personalized TV experience.
The IMM delivers a broad set of tools that gives full control of application design, service creation and on-going management to interactive services. The IMM strategy is to accelerate the deployment cycle while reducing the internal development costs. Additionally, the IMM is designed to support the television operator's delivery of comprehensive service offerings with its multi-platform publishing capabilities delivering content to the many devices their subscriber may have. This is done via a centralized hub that delivers the same capabilities to TV, Internet and Mobile subscribers.
For more information please visit: http://www1.alcatel-lucent.com/products/productsummary.jsp?productNumber=tcm% 3A228-1368951635
(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted partner of service providers, enterprises and governments worldwide, providing solutions that to deliver voice, data and video communication services to end-users. A leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent leverages the unrivalled technical and scientific expertise of Bell Labs, one of the largest innovation powerhouses in the communications industry. With operations in more than 130 countries and the most experienced global services organization in the industry, Alcatel-Lucent is a local partner with a global reach. Alcatel-Lucent achieved revenues of Euro 16.98 billion in 2008 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com/
Alcatel-Lucent
CONTACT: Alcatel-Lucent Press Contacts: Regine Coqueran, Tel: +33(0)1-40-76-49-24, regine.coqueran@alcatel-lucent.com; Leonard Pesheck, Tel: +1-630-713-6437, pesheck@alcatel-Lucent.com. Alcatel-Lucent Investor Relations: Remi Thomas, Tel: +33(0)1-40-76-50-61, remi.thomas@alcatel-lucent.com; Tom Bevilacqua, Tel: +1-908-582-7998, bevilacqua@alcatel-lucent.com; Tony Lucido, Tel: +33(0)1-40-76-49-80, alucido@alcatel-lucent.com; Don Sweeney, Tel: +1-908-582-6153, dsweeney@alcatel-lucent.com.
CounterPath Announces Release of Messaging Convergence Gateway to Enable SMS between VoIP and Mobile SubscribersAllows VoIP users to send and receive SMS text messages between CounterPath softphones and mobile network devices
VANCOUVER, April 1 /PRNewswire-FirstCall/ -- CounterPath Corporation (TSX-V: CCV; OTCBB: CPAH), a leading provider of desktop and mobile VoIP software products and solutions, today announced the general availability of its Messaging Convergence Gateway (MCG). The MCG is a carrier-based, core-network messaging server that bridges VoIP and mobile networks' Short Messaging Service (SMS) infrastructure. With the MCG, service providers can enable their VoIP softphone subscribers to send and receive SMS text messages to and from mobile phone numbers by adding a non-intrusive gateway component to their existing infrastructure.
"SMS has surpassed telephone calls to become today's most widely used means of device-driven communication," said Donovan Jones, CEO of CounterPath. "Until now, consumers were unable to seamlessly send SMS text messages from their mobile phones to VoIP numbers. CounterPath's MCG technology changes that by freeing SMS from mobile devices and extending it to consumers using our Bria softphone on their PC. This groundbreaking technology changes the landscape of mobile communications and provides numerous benefits to VoIP service providers and consumers alike, most notably taking consumers one step closer to single-number identity, a key aspect of Unified Communications."
The MCG is designed for fixed VoIP systems with assigned telephone numbers. Once deployed in the VoIP operator network, the MCG allows two-way text communication between CounterPath's Bria softphone and mobile devices. Deployed in this manner, there is no need to replicate the mobile operator's SMS infrastructure, as neither a Messaging Service Centre (SMSC), or Home Location Register (HLR), is required. This greatly reduces capital expenditure and complexity for rolling out SMS services to VoIP users and provides an additional revenue opportunity for service providers.
Additional benefits to service providers include greater adoption and stickiness of their softphone services and ease of implementation. Consumers benefit from significantly more streamlined communications: they no longer have to leave their PCs to send and receive text messages with their mobile contacts and the texting experience is enhanced based on intuitive integration with the CounterPath softphone.
The MCG is built on the same platform as CounterPath's Network Convergence Gateway (NCG) offering. Service providers who want to maximize the value of a fully deployed Fixed Mobile Convergence (FMC) solution can implement the NCG to extend single-number mobile voice, text, multimedia messaging and video services to residential, corporate and hotspot locations with broadband access.
For more information on the CounterPath MCG, visit counterpath.com/messaging-convergence-gateway-mcg.html
About CounterPath
CounterPath Corporation is a leading provider of innovative desktop and mobile VoIP software products and solutions. The Company's product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence (FMC) solutions that enable service providers, enterprises and Original Equipment Manufacturers (OEM) to cost-effectively integrate voice, video, presence and Instant Messaging (IM) applications into their VoIP offerings and extend functionality across both fixed and mobile networks.
CounterPath's customers include some of the world's largest telecommunications service providers and network equipment providers including AT&T, Verizon, BT (British Telecommunications PLC), Deutsche Telekom, Cisco Systems, Mitel and Nortel.
Visit http://www.counterpath.com/.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
CounterPath Corporation
CONTACT: Amy Farrell, Bock Communications, counterpath@bockpr.com, (617) 412-5175
Novellus' Ultra-Thin Dielectric Diffusion Barriers Boost 32nm Interconnect PerformanceLow Risk Solution Enabled by Novellus Architecture
SAN JOSE, Calif., April 1 /PRNewswire-FirstCall/ -- In order to support the RC delay scaling required by the International Technology Roadmap for Semiconductors (ITRS), process designers have focused their attention on reducing the permittivity of dielectrics used in the interconnect stack. Research has shown that significant reduction in the permittivity of the overall interconnect stack can be achieved by focusing on the material properties and deposition method of the dielectric diffusion barrier. Innovative deposition and pre-treatment technologies have been developed using Novellus' patented multi-station sequential processing (MSSP) architecture to create ultra-thin dielectric barriers that minimize impact on RC delay while ensuring stringent electromigration (EM), dielectric breakdown, and line-to-line leakage requirements are met.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090401/SF92463)
Figure 1 illustrates two options available to a process designer to achieve a 10 percent reduction in effective dielectric constant (k-effective). From a baseline k-effective value of approximately 3.3, using a dielectric barrier with k of 5.0 and a thickness of 50nm, a 10 percent reduction can be achieved either by introducing a new dielectric barrier material with a k of 3.8 or by reducing the thickness of the current dielectric barrier to 25nm. Thinning the dielectric barrier is the less complicated of the two changes, since no new materials are introduced into the integration scheme. However, ultra-thin barriers present their own deposition challenges where hermeticity and copper diffusion resistance need to be maintained at the reduced film thickness. Taking advantage of interface and bulk film controls afforded by MSSP, Novellus researchers have successfully demonstrated dielectric barriers down to 10nm thickness exhibiting the same EM, dielectric breakdown and line-to-line leakage characteristics as 50nm thick films.
The unique film properties derived from MSSP have led industry-leading manufacturers of logic and memory devices to implement dielectric diffusion barriers fabricated using the Novellus VECTOR(R) PECVD system. Figure 2 shows a 65nm device cross section with both dielectric diffusion barrier and contact etch stop layers deposited using the MSSP approach.
"The dielectric diffusion barrier is a critical layer in the interconnect stack due to the role it plays in determining device reliability," said Kevin Jennings, senior vice president and general manager of Novellus' PECVD business unit. "Novellus' diffusion barrier films meet today's performance needs and have been demonstrated to meet the EM and dielectric breakdown requirements for future technology generations."
For more information regarding the use of thinned dielectric diffusion barriers to scale RC delay, check out http://www.novellustechnews.com/Thin-Barriers.aspx.
About Novellus' PECVD Technology:
For high-volume manufacturing applications at 45nm and beyond, Novellus' advanced low-k, ILD, IMD, and dielectric diffusion barrier films offer the lowest k-effective, superior RC control, and an easily integrated low-cost dielectric solution.
About Novellus:
Novellus Systems, Inc. is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information, please visit http://www.novellus.com/
Photo: http://www.newscom.com/cgi-bin/prnh/20090401/SF92463 PRN Photo Desk, photodesk@prnewswire.com
Novellus Systems, Inc.
CONTACT: Pushpita Prasad of Novellus Systems, Inc., +1-408-943-9700, pushpita.prasad@novellus.com; or Marla Kertzman of The Hoffman Agency, +1-408-975-3067, mkertzman@hoffman.com, for Novellus Systems, Inc.
Web Site: http://www.novellus.com/
TiVo to Increase Stop||Watch(TM) Ratings Service Sample Size to 300,000 HouseholdsIncrease will enable TiVo to generate ratings for dozens of additional networks not currently measured by the industry currencySample Size Now 75 Times Larger than the DVR Sample of the Existing Currency Panel
WASHINGTON, April 1 /PRNewswire-FirstCall/ -- TiVo Inc. , the creator of and a leader in television services and advertising solutions for digital video recorders (DVRs), today announced that it will increase the sample size of its Stop||Watch(TM) ratings service, which collects anonymous second-by-second audience research data, from 100,000 to 300,000 TiVo(R) subscribers in advance of the fall 2009 broadcast season.
The announcement was made during the National Cable & Television Association's 'The Cable Show '09' in Washington D.C., which runs from April 1-3.
The increased sample size will further enhance the accuracy of all program and commercial ratings in the Stop||Watch(TM) ratings service and enable TiVo to produce stable ratings data for dozens of additional cable networks, which have gone unmeasured by the industry currency due to their lower distribution and viewership. The increase to 300,000 TiVo(R) subscribers makes the Stop||Watch(TM) ratings service 75 times larger than the DVR sample of the existing currency and delivers an unmatched level of granular behavioral data critical to understanding how viewers are consuming TV in the age of the DVR.
Even with today's existing sample size of 100,000 subscribers, TiVo continues to add more networks to its Stop||Watch(TM) ratings service, as these networks achieve sufficient viewership to meet the strict reporting thresholds the Stop||Watch ratings service employs. For example, in the coming months the Stop||Watch(TM) ratings service will begin measurement for networks including the FOX Business Network, History International, and MLB Network. Later this summer, when the sample size is increased to 300,000 subscribers, TiVo anticipates that the Stop||Watch(TM) ratings service will report on many dozens of additional networks - essentially any network that regularly delivers at least 10,000 viewers.
"The demand for access to this granular level of viewing data across previously unmeasured cable networks is a driving force behind our decision to increase our sample size in the coming months," said Todd Juenger, Vice President & General Manager, TiVo Audience Research & Measurement. "By turning up the dial to 300,000 subscribers, we will be able to cast a much wider net and deliver critical measurement and accountability for lesser viewed television networks that still have millions of advertising impressions that are going unaccounted for given the limitations of the sample size used by the industry currency."
Last November, TiVo increased its Stop||Watch(TM) ratings service sample size to 100,000, making it 25 times larger than the DVR sample size the industry was provided at the time through other panel-based measurement sources.
Continued Juenger, "For example, a network that delivers viewership of 50,000 homes (approximately a 0.05 household rating) would only be represented by seven households in the currency panel, which is why data for these networks is not reported - the sample is just too small - and only two of the seven would be homes with DVRs. By contrast, in our expanded sample, the same network would be represented by about 150 TiVo subscribers watching a program, and of course, these are all DVR households."
The Stop||Watch(TM) ratings service, introduced in February 2007, is offered via an easily sortable database of ratings for nationally run programs and advertisements from cable and broadcast networks, with data going back to September 2006. The service now tracks ratings for 93 nationally distributed, ad supported networks, and covers all nationally distributed programming and commercials aired from 5:00am - 11:30pm.
TiVo's Power||Watch(TM) ratings service provides advertisers access to second-by-second program and commercial ratings data, with demographic segmentations, for 20,000 households who have volunteered to take part in a "passive" consumer panel. The Power||Watch(TM) ratings service provides subscribers the ability to look at TV viewing broken down by standard household demographics including income, geography, ethnicity, number of children and tenure of TiVo subscriber, among others. TiVo can associate household data with the viewership data then produce program and commercial viewership reports by aggregate demographic and behavioral audience groups. All reports prepared by TiVo using this data are anonymous.
Subscribers to TiVo's Stop||Watch(TM) ratings service and Power||Watch(TM) ratings service include: Omnicom Media Group, CBS Corporation, The Interpublic Group, Starcom, Zenith Optimedia, Carat USA, MPMA, Crispin Porter + Bogusky, Media IQ and Euro RSCG New York.
TiVo Stop||Watch(TM) ratings service data is derived from a daily, aggregate, anonymous, stratified random sample of 100,000 TiVo subscribers - from which the second-by-second "clickstream" of behavior and viewership is collected and assessed. The Stop||Watch(TM) ratings service includes data for: Total Viewing, Live Viewing, Timeshifted Viewing (less than 1 hour, 1-6 hours, 6-24 hours, 24-48 hours, 48-72 hours, 3-7 day, and 7-14 day delay and C3), Program Ratings, Commercial Ratings and a Commercial Viewership Index. The Stop||Watch(TM) service uses ad occurrence data from TNS Media Intelligence to identify commercial spots. For more information on the TiVo Stop||Watch(TM) ratings service, visit https://stopwatch.tivo.com/.
About TiVo Inc.
Founded in 1997, TiVo pioneered a brand new category of products with the development of the first commercially available digital video recorder (DVR). Sold through leading consumer electronic retailers and our website, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its DVR service features into the set-top boxes of mass distributors. TiVo's DVR functionality and ease of use, with such features as Season Pass(TM) recordings and WishList(R) searches and TiVo KidZone, have elevated its popularity among consumers and have created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo's DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos. With innovative features, such as TiVoToGo(TM) transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way. (R)" The TiVo(R) service is also at the forefront of providing innovative marketing solutions for the television industry, including a unique platform for advertisers and audience research measurement.
TiVo, 'TiVo, TV your way.', Season Pass, WishList, TiVoToGo, Stop||Watch, Power||Watch, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. (C) 2009 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the future availability and timing of the enlargement of the sample size of the Stop||Watch ratings service. Forward-looking statements generally can be identified by the use of forward- looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings and lack of market acceptance, as well as the other potential factors described under "Risk Factors" in TiVo's public reports filed with the Securities and Exchange Commission. TiVo cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.
TiVo Inc.
CONTACT: Mike Boccio, +1-212-446-1867, mboccio@sloanepr.com, for TiVo Inc.
Web Site: http://www.tivo.com/
On2 Technologies Licenses VP7 Video Codec to Westec InteractiveRemote video surveillance systems benefit from On2 video compression
CLIFTON PARK, N.Y., April 1 /PRNewswire-FirstCall/ -- On2 Technologies (NYSE Amex: ONT) announced today it has licensed its proprietary On2 VP7 video compression technology to Westec Interactive, an innovator in the field of intelligent video surveillance. Westec will integrate the VP7 video codec to its Digital Video Recorder (DVR) to increase the quality of stored video without compromise.
On2 VP7 is a highly efficient video compression algorithm that provides up to 30% better compression than the best competing H.264 encoders on the market today. The codec incorporates several features tailored specifically for stable camera encoding, typical with security camera and video conferencing applications.
One VP7 feature, "Golden Frames," delivers substantial data rate savings by storing a reference frame from an arbitrarily distant past point in the video stream. A complete background image--for example, a street at a shopping mall--is stored as a reference frame with only the changes in the foreground, such as people walking by, needing to be encoded and transmitted.
For more information about the On2 VP7 please visit http://www.on2.com/on2video.
Westec's state-of-the-art Digital Video Recorder (DVR) is at the core of its video surveillance system. The DVR offers far more than traditional CCTV monitoring and analog video recording. The DVR is driven by a powerful software engine that controls digital video display and playback (both in multiplex view) and that also serves as the integration and control point for your security system. Capable of supporting as many as 16 surveillance cameras, the DVR is the central navigation point for a security system. Using the on-screen interface, you can view live digital video streams, access archived video for multiplex playback, and access system configuration screens.
"On2 and Westec have had a long-term strategic relationship, and we believe that Westec Solutions provides the best surveillance platforms available today," said Jim Bankoski, Chief Technology Officer for On2. "We are proud to play a part in helping them deliver outstanding video quality and clarity on their systems."
"Adopting the On2 VP7 video codec was a logical extension of our long-standing relationship with On2," said Jon Bolen, Chief Technology Officer for Westec. "By taking this important step forward Westec customers will see better images and will be able to store more video locally with no reduction in video quality. These improvements translate directly to improved security and improved return on investment for Westec customers at a time when both are incredibly important."
About On2 Technologies
On2 (NYSE Amex: ONT) creates advanced video compression technologies that power the video in today's leading desktop and mobile applications and devices. On2 customers include Adobe, Skype, Nokia, Infineon, Sun Microsystems, Mediatek, Sony, Brightcove, and Move Networks. On2 Technologies is headquartered in Clifton Park, NY USA. For more information visit http://www.on2.com/.
About Westec Intelligent Surveillance
Westec provides video surveillance solutions to over 6,000 businesses across the US. Their customers range from small independent owner-operators to large Fortune 500 chains in the restaurant, jewelry, convenience store and specialty retail industries. Westec provides the latest in technology and interactive, real-time monitoring by trained specialists through their state of the art Central Command Center which operates 24/7 and is the only service provider to offer two-way audio capability which allows the intervention specialist to talk directly into the location. Customers can purchase the system or subscribe to the service which provides free maintenance, upgrades, replacements and diagnostics making usage absolutely hassle-free. Clients include McDonald's, White Castle, Jack in the Box, ConocoPhillips, E-Z Mart, Zales, Jared, Kay Jewelers, La Quinta, Red Roof Inn and Charming Shoppes. For more information visit: http://www.westec.net/.
Trademarks mentioned in this release are the property of their respective owners.
On2 Technologies
CONTACT: Chris Pfaff, On2 Technologies, Inc., +1-973-509-6565, chris@chrispfafftechmedia.com
Web Site: http://www.on2.com/ http://www.westec.net/
Harris Stratex Networks Helps Ready Customers for Broadband Stimulus Benefits with New GO-Stimulus Partnership ProgramUnique partnership program helps network providers create attractive funding applications, and rapidly deliver cost-effective high-speed broadband to rural, underserved subscribers
LAS VEGAS, April 1 /PRNewswire-FirstCall/ -- Harris Stratex Networks, Inc. , a leading specialist in backhaul solutions for mobility and broadband networks, today announced its GO-Stimulus Partnership Program, a unique initiative designed to enable U.S. network providers to best capitalize on the American Recovery and Reinvestment Act of 2009 (ARRA), which allocates $7.2 billion in grant and loan funding for broadband and wireless initiatives. The first round of distributions in grant and loan funding is expected as early as this spring.
When it comes to securing broadband stimulus funds, network providers face an uncertain fund allocation process. In addition, these companies are faced with key obstacles including writing a convincing application, and implementing and managing a network in a timely and cost effective manner. Choosing the right technology and vendor to meet specific needs and requirements is critical, and these challenges all must be addressed while maintaining focus on core business needs.
The Harris Stratex GO-Stimulus Partnership Program provides operators with a turnkey service - from building successful ARRA grant and loan applications, to network deployment, implementation and support - to provide immediate and long-term stimulus success. Teaming with Harris Stratex to leverage its 4G wireless technology portfolio, including its Eclipse(TM) Packet Node Platform, the recently announced IRU600 radio unit and turnkey services offerings, network providers can cost-effectively deliver network infrastructure projects on tight timelines, which is a critical component to securing federal funding. Harris Stratex products also can provide the highest-speed wireless IP broadband access and transport solutions, which are critical to reaching rural, unserved and underserved geographies. For more information on the Harris Stratex GO-Stimulus Partnership Program, please visit: http://www.harrisstratex.com/go_stimulus.
"The U.S. government's broadband stimulus program will help our customers continue to build out our nation's digital infrastructure footprint, and because of cost efficiencies and rapid deployment speeds, wireless is the ideal solution to reach rural and underserved markets," said Shaun McFall, Harris Stratex chief marketing officer. "With our new GO-Stimulus program, we're taking a vested interest in our partners' success in this effort. Combined with our leading 4G wireless solutions and turnkey services, we will enable our customers to build strong cases for stimulus funding, which is a unique and significant value."
Harris Stratex will be featured April 1-3 at CTIA in booth #1332 in level 2 of the south hall of the Las Vegas Convention Center. For more information, please visit the Harris Stratex Networks MediaRoom showcase.
About Harris Stratex Networks, Inc.
Harris Stratex Networks, Inc. is a leading specialist in backhaul solutions for mobility and broadband networks. The company offers reliable, flexible and scalable wireless network solutions, backed by comprehensive professional services and support. Harris Stratex Networks serves all global markets, including mobile network operators, public safety agencies, private network operators, utility and transportation companies, government agencies and broadcasters. Customers in more than 135 countries depend on Harris Stratex Networks to build, expand and upgrade their voice, data and video solutions. Harris Stratex Networks is recognized around the world for innovative, best-in-class wireless networking solutions and services. For more information, visit http://www.harrisstratex.com/.
Trademarks
Eclipse is a trademark of Harris Stratex Networks.
Harris Stratex Networks, Inc.
CONTACT: Investors: Mary McGowan, Summit IR Group Inc., +1-408-404-5401, mary@summitirgroup.com, Media: Jennifer Anderson, Harris Stratex Networks, Inc., +1-919-749-7240, jennifer.anderson@hstx.com
Web Site: http://www.harrisstratex.com/
Open Text Tops List of Canadian Software Companies in 2009 Branham300 Ranking
WATERLOO, ON, April 1 /PRNewswire-FirstCall/ -- Open Text(TM) , a global leader in Enterprise Content Management (ECM), was ranked the largest Canadian software company in the Branham300, the well-known annual ranking of top information and communication technology (ICT) companies operating in Canada. The Branham300 is published by the Branham Group, a leading Canadian industry analyst and strategic consulting firm serving the global information technology marketplace.
Entering its 16th year, the Branham300 ranks both Canadian and multinational ICT companies, and is widely considered to be a leading source of intelligence on Canada's ICT industry. To be considered for the rankings of Canadian firms, companies must be founded and headquartered in Canada, and corporate direction must be determined in Canada.
"The Branham300 shows again that Canada has a strong and vibrant tech sector," said Open Text Chief Executive Officer John Shackleton. "We are excited to be recognized as Canada's leading software company in this year's listing. We have worked over more than two decades to build an industry leader in both ECM technology and expertise, trusted by the some of the world's largest organizations to manage their most important information."
"Since first appearing on the Branham300 over 15 years ago, Open Text has consistently experienced significant revenue growth allowing it to better its ranking year-after-year," says Wayne Gudbranson, President and Chief Executive Officer of Branham Group Inc. "Their notable achievements over the course of 2008 have further solidified themselves as an industry leader and propelled them to the top ranked software company in the Canadian ICT industry."
Based in Waterloo, Ontario, Open Text has grown fast over the last few years to become the largest independent software company in the world that develops enterprise content management or ECM software. ECM helps large companies and government agencies manage huge stores of documents, email, videos and other content, improve information sharing and worker collaboration, and manage business processes and compliance rules that depend on information. About 50 million people in 114 countries use Open Text's software. The company employs about 3,500 people around the world, including about 1,000 across Canada.
Open Text got its start in Waterloo, Ontario in the late 80s and early 90s when a group of University of Waterloo researchers were working on a project to convert the entire Oxford English Dictionary - all 60 million words - to electronic form, a major feat in the pre-Internet days. The work formed the basis for the Internet's first search engine technology and it was soon adopted by Yahoo, one of Open Text's first customers. Open Text was officially founded in 1991 and went public in 1996.
About Branham Group
Branham Group assists information technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (eHealth, Outsourcing, Green IT and Wireless). Branham also produces an annual listing of the top information technology companies in Canada (http://www.branham300.com/), tracks the Canadian Outsourcing industry (http://www.branhamoutsourcing.com/) and monitors over 450 eHealth vendors. For more information regarding Branham Group, please visit http://www.branhamgroup.com/.
About Open Text
Open Text, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts(TM) to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visit http://www.opentext.com/.
Safe Harbor Statement Under the Private Securities Litigation Reform Act
of 1995
This news release may contain forward-looking statements relating to the success of any of the Company's strategic initiatives, the Company's growth and profitability prospects, the benefits of the Company's products to be realized by customers, the Company's position in the market and future opportunities therein, the deployment of the Open Text ECM Suite and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the Company's products and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2008. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the Company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.
Copyright (C) 2009 by Open Text Corporation. OPEN TEXT and the OPEN TEXT ECM SUITE are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.
Open Text Corporation
CONTACT: Richard Maganini, Open Text Corporation, (847) 267-9330 ext.4266, rmaganin@opentext.com; Stephanie Fazio, Open Text Corporation, (519) 888-7111, x2429, sfazio@opentext.com; Brian Edwards, McKenzie Worldwide, (503) 577-4583, briane@mckenzieworldwide.com
AdEx Media Announces Fiscal 2008 Fourth Quarter and Year End Results
MOUNTAIN VIEW, Calif., April 1 /PRNewswire-FirstCall/ -- AdEx Media, Inc. (BULLETIN BOARD: ADXM) , a leading performance-driven online marketing and distribution company, today announced results for the fourth quarter and year ended December 31, 2008.
The Company reported revenues for fiscal year 2008 of $8,225,556. Revenues for the fourth quarter were a record $4,999,064. Net loss for the year was $2,373,098. Net loss for the year included $664,091 in stock-based compensation, $122,670 in amortization of acquired intangible assets, and $310,000 in impairment charges on acquired intangible assets. The 2008 financial statements were filed on Form 10-K with the Securities and Exchange Commission on March 31, 2009. A copy of the December 31, 2008 and 2007 Consolidated Balance Sheets and Statements of Operations are reproduced below.
Scott Rewick, Chief Executive Officer of AdEx commented, "I am pleased that 2008 was a year of tremendous achievement for AdEx. We achieved revenues in excess of $8 million validating the strength of the performance-based advertising model. We will continue to build on our suite of proprietary technology platforms and our first class team to maintain our position as a leader in this space."
Corporate Milestones in 2008 Include:
-- Raised $5.7 million in net proceeds;
-- Acquired and integrated, through a wholly owned subsidiary, the assets
of Kim and Lim, LLC;
-- Initiated trading on the OTCBB (ADXM.OB);
-- Acquired and integrated Digital Instructor, LLC;
-- Acquired and integrated the assets of VibrantAds, LLC;
-- Acquired and integrated the assets of Bay Harbor Marketing, LLC;
-- Launched internal display network and Affiliate Network;
-- Expanded media buying into international markets achieving global
reach;
-- Launched AdEx Think Platform, a real time, proprietary data processing
and decision- making technology platform; and
About AdEx Media, Inc.
AdEx is an integrated Internet marketing and lead generation publisher and developer, manufacturer, and marketer of consumer products with a focus on both marketing and distributing its own products and offering advertising customers a multi-channel Internet advertising network and broader solutions for direct advertisers and agencies. AdEx's marketing platform provides a range of services including (i) search marketing; (ii) display marketing; (iii) lead generation; and (iv) affiliate marketing. AdEx currently sells its own suite of consumer products which include: (i) Overnight Genius -- a comprehensive computer learning course mastering MS Windows, MS Office, eBay, and others; (ii) Rising Star Learning -- a math and language arts educational product for children; (iii) Debt Snap -- an audio seminar designed to help consumers manage their debt and restore credit standing; (iv) Lucky At Love -- a relationship strategy product; (v) EasyWhite Labs -- a teeth whitening product; and (vi) Acai Alive -- a dietary supplement. The company offers advertisers a compelling value proposition by offering true pay-per-performance pricing, commonly known as cost-per-action (CPA) or pay-per-action (PPA).
For more information about AdEx Media, visit http://www.adex.com/.
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
Investor Contact:
Aimee Boutcher,
Boutcher & Boutcher
(973) 239-2878
ADEX MEDIA, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31, December 31,
2008 2007
ASSETS
Current assets:
Cash and cash equivalents $683,576 $5,379
Short-term investments 2,502,670 224,308
Accounts receivable, net of allowance
for doubtful accounts of $19,737 and
$410 521,004 188,200
Credit card holdbacks, net of allowances
of $167,363 and $0 300,493 -
Inventory 57,087 -
Prepaid expenses and other current
assets 97,878 -
Total current assets 4,162,708 417,887
Property and equipment, net 43,606 3,740
Intangible assets, net 1,367,330 -
Goodwill 8,448,789 -
Total assets $14,022,433 $421,627
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $929,807 $52,817
Accrued liabilities 593,907 103,911
Deferred revenue 25,709 -
Promissory notes 401,806 -
Total current liabilities 1,951,229 156,728
Promissory notes 150,000 -
Deferred tax liability 404,817 -
Total liabilities 2,506,046 156,728
Commitments and Contingencies
Stockholders' Equity:
Common Stock, $0.0001 par value;
150,000,000 shares authorized,
31,202,347 and 250,000 shares issued
and outstanding at December 31, 2008
and December 31, 2007 3,120 25
Additional paid-in capital 13,808,966 187,475
(Accumulated deficit) retained earnings (2,295,699) 77,399
Total stockholders' equity 11,516,387 264,899
Total liabilities and stockholders'
equity $14,022,433 $421,627
ADEX MEDIA, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
December 31
2008 2007
Revenues:
Marketing platform services $7,007,367 $1,770,338
Products 1,218,189 -
Total revenues 8,225,556 1,770,338
Cost of revenues:
Marketing platform services 5,537,863 1,328,322
Products 354,405 -
Amortization of acquired product licenses 53,699 -
Total cost of sales 5,945,967 1,328,322
Gross profit 2,279,589 442,016
Operating expenses:
Product development 57,550 -
Sales and marketing 2,924,654 18,438
General and administrative 1,350,250 39,823
Amortization of intangible assets 68,972 -
Impairment of intangible assets 310,000 -
Total operating expenses 4,711,426 58,261
Operating (loss) income (2,431,837) 383,755
Interest and other income, net 24,756 2,320
(Loss) income before provision for income taxes (2,407,081) 386,075
Provision for income tax (benefit) expense (33,983) -
Net (loss) income $(2,373,098) $386,075
Net (loss) income per common share, basic and
diluted $(0.12) $1.54
Weighted average common shares used in computing
basic and diluted loss per share 19,447,587 250,000
AdEx Media, Inc.
CONTACT: Investors, Aimee Boutcher of Boutcher & Boutcher, +1-973-239-2878, for AdEx Media, Inc.
Web Site: http://www.adex.com/
8x8, Inc. Announces Appointment of Debbie Jo Severin as Chief Marketing Officer
SANTA CLARA, Calif., April 1 /PRNewswire-FirstCall/ -- 8x8, Inc. , provider of 8x8 Virtual Office and Packet8 (http://www.packet8.net/) broadband business, residential, video and mobile communications services, today announced that Debbie Jo Severin has been named to the position of Chief Marketing Officer and Vice President, Marketing, reporting to 8x8 President & Chief Financial Officer Dan Weirich.
As Chief Marketing Officer, Severin will be responsible for 8x8's marketing strategies and operations, driving awareness and adoption of the company's business Internet protocol (IP) communications solutions through customer acquisition and retention initiatives including brand management, demand generation, direct and online marketing, advertising, promotions, marketing communications and public relations.
"We are very pleased to welcome Debbie Jo to the team to lead our marketing initiatives and help drive 8x8's future growth," said 8x8 President & CFO Dan Weirich. "Debbie Jo brings invaluable insight, industry expertise and marketing acumen to 8x8, as well as a strong background in performance tracking and analytics. As the business market for efficient, economically beneficial IP communications solutions continues to grow, Debbie Jo will work to expand awareness and acceptance of 8x8's solutions while enhancing existing customer loyalty."
Severin brings over 20 years of marketing experience to 8x8 and was most recently Vice President of Marketing at Covad Communications, the first company to commercially deploy DSL technology in the United States. Severin managed Covad's national go-to-market plan for direct sales of the company's VoIP and data services, and helped grow that business to more than $178 million of revenue at the end of 2007. Prior to Covad, Severin served as Vice President of Marketing at Valiant Networks and NorthPoint Communications, as Vice President of Marketing & Sales at Pacific Bell start-up PrimeOne Tele-TV, and as Executive Director of Marketing & Sales at Pacific Bell Video Services. She received a Masters Degree in Mathematics and a Bachelor of Science from the University of Alabama at Birmingham.
"8x8 has made tremendous inroads in the small business market with its hosted IP communication services, and is uniquely positioned to capitalize on the opportunities for growth which lie ahead," said Severin. "I am very excited about joining the 8x8 team and look forward to building increased awareness, demand and loyalty for 8x8's innovative, market-leading communications solutions."
About 8x8, Inc.
8x8, Inc. offers voice, video and mobile communications solutions for business and residential customers. These solutions leverage existing broadband Internet connections and cellular networks to deliver advanced features and digital quality phone service at a fraction of the cost of legacy, copper wire alternatives. Businesses of any size, configuration or geographic location can benefit from the cost, performance and operational advantages of VoIP technology. All 8x8 communications solutions carry little or no upfront investment, no maintenance or upgrade fees and no change in user behavior. For additional information, visit http://www.8x8.com/ or http://www.packet8.net/.
8x8, Inc.
CONTACT: Joan Citelli of 8x8, Inc., +1-408-687-4320, jcitelli@8x8.com
Web Site: http://www.packet8.net/ http://www.8x8.com/
Outdoor Channel HD Gaining MomentumCOMCAST, TIME WARNER, RCN AND U.S. CABLE OF COASTAL TEXAS SUBSCRIBERS EXPERIENCE CRYSTAL-CLEAR, QUALITY OUTDOOR PROGRAMMING
TEMECULA, Calif., April 1 /PRNewswire-FirstCall/ -- Outdoor Channel , America's leader in Outdoor TV, today announced that it has reached a significant milestone in the adoption of Outdoor Channel HD on several leading cable systems. With the addition of Outdoor Channel HD in select Comcast, Time Warner Cable, RCN Corporation and U.S. Cable of Coastal Texas markets, outdoor enthusiasts will have the opportunity to view Outdoor Channel's popular programming and personalities via the breathtaking visual clarity and rich, lifelike color characteristic of high definition.
"Launching the Outdoor Channel HD across cable systems throughout the U.S. is a key component in our overarching digital strategy and a point of competitive differentiation for the network," said Tom Hornish, COO, Outdoor Channel. "Our partners' commitment to include our engaging HD lineup in these regions underscores their belief in our significance as a prime destination for viewers and outdoor enthusiasts."
"The HD simulcast of our content continues to generate significant support from our distributors who are delivering top quality HD services," said Randy Brown, Senior Vice President, Affiliate Sales & Marketing, Outdoor Channel. "We have a very robust inventory of programming and the enhanced HD picture resolution truly drives home the visual clarity of the great outdoors."
Specific details about the growing list of cable systems carrying Outdoor Channel's HD programming include:
- Comcast
Outdoor Channel HD premiered on Comcast New Mexico in several
key markets including Los Alamos and Portales on March 20.
- Time Warner
Time Warner Cable has added Outdoor Channel HD to systems
throughout North and South Carolina, adding approximately two
million potential homes to Outdoor Channel HD's reach in the
Carolinas alone. Additional key markets include Yuma, Arizona,
Coeur D'Alene and Mountain Home, Idaho and Pullman, Washington.
- RCN
RCN subscribers in New York City, Chicago, Philadelphia, Boston
and Washington, D.C. have been receiving Outdoor Channel HD since
March 1.
- U.S. Cable
Spanning across markets of Table Mountain, Woodland Park,
and Ft. Collins, Colorado, U.S. Cable of Coastal Texas further
expands the network's HD lineup.
About Outdoor Channel
Outdoor Channel is America's Leader in Outdoor TV, offering programming that captures the excitement of hunting, fishing, shooting, off-road motorsports, adventure and the Western lifestyle. The network can be viewed on multiple platforms including high definition, video-on-demand, as well as on a dynamic broadband website. Outdoor Channel is operated by a wholly owned subsidiary of Outdoor Channel Holdings, Inc. . For more information about Outdoor Channel, please visit http://www.outdoorchannel.com/.
About Comcast
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.
About RCN Corporation
RCN Corporation , http://www.rcn.com/, is a competitive broadband services provider delivering all-digital and high definition video, high-speed internet and premium voice services to residential and small-medium business customers under the brand names of RCN and RCN Business Services, respectively. In addition, through its RCN Metro Optical Networks business unit, RCN delivers fiber-based high-capacity data transport services to large commercial customers, primarily large enterprises and carriers, targeting the metropolitan central business districts in the company's geographic markets. RCN's primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago. (RCNI-G)
About Time Warner Cable
Time Warner Cable is the second-largest cable operator in the U.S., with technologically advanced, well-clustered systems located mainly in five geographic areas -- New York State (including New York City), the Carolinas, Ohio, southern California (including Los Angeles) and Texas. As of December 31, 2008, Time Warner Cable served over 14 million customers who subscribed to one or more of its video, high-speed data and voice services, representing more than 34 million revenue generating units. For additional information about Time Warner Cable, visit http://www.timewarnercable.com/.
About U.S. Cable
U.S. Cable is a privately held MSO (Multiple Systems Operator) that ranks among the top 35 largest cable television companies in the United States, serving nearly 100,000 customers in 7 different states. We offer a host of video entertainment products ranging from traditional analog tiers of service to advanced state-of-the-art digital technology, as well as broadband high speed cable modem Internet access.
Outdoor Channel
CONTACT: Tom Hornish, Chief Operating Officer, +1-951-699-6991, ext. 104, thornish@outdoorchannel.com; or Brad Edwards, Investors, +1-212-986-6667, edwards@braincomm.com, or Nancy Zakhary, Media, +1-212-986-6667, nancy@braincomm.com, both of Brainerd Communicators, Inc.
Web Site: http://www.outdoorchannel.com/
MTS Acquires Eldorado Mobile Retail Chain in Russia
MOSCOW, April 1 /PRNewswire-FirstCall/ -- Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that it has acquired a 100% stake in Eldorado Centr LLC and Eldorado Communications Store LLC from Tenteco Limited (Cyprus) and Kilcherex Holdings Limited (Cyprus).
MTS has acquired a 100% stake in the Eldorado mobile phone retail chain for $22.85 million of which $5 million will be paid after 12 months should the retail chain satisfy certain performance criteria.
Eldorado Centr LLC and Eldorado Communications Store LLC, constituting Eldorado mobile phone retail chain, operate 383 stores in 153 cities in Russia[1] offering handsets and other electronic goods, as well as tariffs and contracts of mobile operators. These companies are independent from Eldorado, the largest electronic appliances retail chain in Russia.
"MTS is continuing to optimize distribution channels in order to maintain high growth rates in its core markets. The development of our own monobrand retail network is the central element of our distribution strategy. Adding the Eldorado mobile phone retail chain to our existing retail network will allow us to serve our customers more effectively and carry through on our promise of a unique customer experience," noted Mr. Mikhail Gerchuk, Chief Commercial Officer, MTS.
Eldorado mobile phone retail chain will be controlled by RTK CJSC, a company wholly owned by MTS and charged with managing MTS' retail network. Financial results of acquired companies will be consolidated in the Company's financial statements beginning from March 31, 2009.
Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator in Russia and the CIS. Together with its subsidiaries, the Company services over 91.77 million subscribers. The regions of Russia, as well as Armenia, Belarus, Turkmenistan, Ukraine, and Uzbekistan, in which MTS and its associates and subsidiaries are licensed to provide GSM services, have a total population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about MTS can be found on MTS' website at http://www.mtsgsm.com/.
Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," and the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission, specifically the Company's most recent Form 20-F. These documents contain and identify important factors, including those contained in the section captioned "Risk Factors" that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, potential fluctuations in quarterly results, our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition strategy, risks associated with telecommunications infrastructure, risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject to risks.
---------------------------------
[1] As of January 1, 2009.
For further information, please contact:
Mobile TeleSystems, Moscow
Investor Relations
Tel: +7-495-223-2025
E-mail: ir@mts.ru
MTS Mobile TeleSystems
CONTACT: For further information, please contact: Mobile TeleSystems, Moscow, Investor Relations, Tel: +7-495-223-2025, E-mail: ir@mts.ru.
Dynamics Research Corporation Awarded GSA Alliant Contract
ANDOVER, Mass., April 1 /PRNewswire-FirstCall/ -- Dynamics Research Corporation , a leading provider of innovative management consulting, engineering, and information technology services and solutions to federal and state governments, today announced that it was awarded a General Services Administration (GSA) Alliant Government-Wide Acquisition Contract (GWAC). Under the terms of the $50 billion indefinitely delivery, indefinite quantity (ID/IQ) contract, DRC will offer a broad range of information technology (IT) services and business solutions to all Federal agencies.
DRC was one of the initial 29 companies awarded the contract in 2007 to support the federal government's needs in its daily operations, its protection of infrastructure, the fight against terrorism and the development and marketing of emerging technologies. The contract has a five-year base performance period and one five-year option period.
"DRC is committed to providing an outstanding array of solutions to a wide range of customers across the federal sector with the agility, expertise and client service they need to meet their mission critical objectives," said James P. Regan, DRC's chairman and chief executive officer. "GSA's award of this contract to DRC is consistent with our position as a preferred provider of integrated, mission-oriented IT solutions. We look forward to helping drive the success of Alliant as a contract vehicle of choice."
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) is a leading provider of mission-critical technology management services and solutions for government programs. DRC offers the capabilities of a large company and the responsiveness of a small company, backed by a history of excellence and customer satisfaction. Founded in 1955, DRC is a publicly held corporation and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts and the Washington, D.C. region. For more information please visit our website at http://www.drc.com/.
Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information.
CONTACTS:
Investors: Chris Witty Media: Marisa Hagerman
Darrow Associates, Inc. Sage Communications
646.438.9385 703.584.5637
cwitty@darrowir.com marisah@aboutsage.com
Dynamics Research Corporation
CONTACT: Investors, Chris Witty of Darrow Associates, Inc., +1-646-438-9385, cwitty@darrowir.com, Media, Marisa Hagerman of Sage Communications, +1-703-584-5637, marisah@aboutsage.com
Web Site: http://www.drc.com/
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