Companies news of 2009-04-17 (page 1)
Northrop Grumman Demonstrates Secure Broadband Wireless and Public Safety Capabilities at...
Federal Signal to Announce First Quarter Earnings on May 1
Point Blank Solutions Appoints James R. Henderson as Acting Chief Executive Officer
Micromem Technologies Inc. Completes Private Placement
Emtec, Inc. Announces Second Quarter ResultsSix-Month EBITDA $2.675 Million
Liberty Media Corporation Announces First Quarter Earnings Release and Conference Call
Verizon Business Volunteers 'Dig' Earth Day ActivitiesDallas, Boston and Tulsa Employees...
LivePerson to Announce First Quarter 2009 Financial Results on Wednesday, May 6, 2009
Belden to Broadcast First Quarter 2009 Earnings Release Conference Call
Belden Announces Departure of EMEA President
Next IT Lands Deal With Continental AirlinesContinental to Implement Next IT's...
/C O R R E C T I O N -- Emtec, Inc./In the news release, Emtec, Inc. Announces Second...
Mobile Data Revenue Will Double in Spain's Telecom Market by 2014, Pyramid Research Finds
OmniVision to Showcase Latest Innovations for Security and Surveillance at SecuTech Expo...
Equifax Extends Technology Services Agreement With IBMNew agreement to support Equifax's...
Zix Corporation to Present at the 5th Annual Information Security and West Coast Emerging...
2009 NAB Show News Distributed by PR Newswire Available at www.EventNewsCenter.com
Beacon Equity Issues Trade Alerts on Technology & Communication Equipment Stocks: DTV,...
SRA International Names Jack Nager Vice President, Aviation ProgramsAppointment Signals...
Kogakuin University in Japan Manages Next-Gen Infrastructure with Public Cloud Services...
Verizon Wireless Expands 3G Wireless Network in Tyngsboro, MassachusettsInvestment in...
Emtec, Inc. Announces Second Quarter ResultsSix-Month EBITDA $2.675 Million
SoftBrands Partners with Intelligenz to Provide Spa and Activities Solution
Verizon's Green Initiatives Drive Efficiency, Reduce Carbon Footprint; the Equivalent of...
Verizon Wireless Brings Latin American Futbol Icons to Fourth Annual National Youth Soccer...
Light Reading's Top StoriesApril 17, 2009 EditionA look at Light Reading's collection of...
EMC Introduces New Midsize Director, Storage Network Security and Management...
Dot Hill Announces First Quarter 2009 Conference Call Information
ATK Hires Retired Major General James Armor to Serve as Vice President of Strategy and...
Northrop Grumman Demonstrates Secure Broadband Wireless and Public Safety Capabilities at BAPCO 2009 Conference and Exhibition
LONDON, April 17 /PRNewswire/ --
Northrop Grumman Corporation (NYSE: NOC) will highlight its integrated
secure broadband wireless, and public safety national security capabilities
at the British Association of Public Safety Communications Officers (BAPCO)
annual conference and exhibition to be held at 21-23 April 2009 at the
Business Design Centre, Islington, London.
Northrop Grumman will be exhibiting jointly with IPWireless, a pioneer in
developing mobile broadband network infrastructure solutions, and will be
located at stand 250. Tom Afferton, director of Wireless Engineering for
Northrop Grumman's Information Systems sector, will deliver a conference
paper at BAPCO entitled, "Resilient Data Applications for Public Safety: an
Update from the New York City Wireless Programme and the Sussex Police
Project." This will take place at 12:15 on Wednesday 22 April in the
conference hall.
"Our broad range of capabilities in secure broadband wireless networks
and our expertise in complex systems integration puts Northrop Grumman at the
forefront of national security and public safety communications," said Paul
Davison, managing director of Northrop Grumman's Information Systems sector
in Europe. "The high speed wireless capability, airport security solution and
unmanned ground vehicle technology we have on display demonstrates the
tangible benefits that are available now to the emergency services and front
line users."
Northrop Grumman will demonstrate the operational benefits of delivering
secure mobile broadband data to emergency services and front line policing
based on its New York City's public safety wireless broadband network and the
successful UK trial of broadband mobile data capability held in collaboration
with Sussex Police and the National Policing Improvement Agency (NPIA).
Live streaming video from remote and local cameras will be transmitted
over a wireless high speed data path to mobile devices including tablet PCs.
The demonstration will include Northrop Grumman's Caliber unmanned ground
vehicle system with a manipulator-arm mounted camera, as well as the
significantly improved throughput of the TD/CDMA technology and greater
integration of this technology into mobile devices.
The company's integrated airport security solution will also be featured
with a demonstration based on the use of TouchTable, a projection display
with a touch-sensitive screen, as a collaborative environment. In addition,
the company's critical incident response system (CIRS) will be available for
viewing. CIRS provides improved collaboration and visualization to enable
incident commanders to plan, engage and manage quickly and intuitively
emergency situations and complex events.
Northrop Grumman has more than 50 years of experience designing,
integrating, and operating some of the world's most complex and secure
communications systems. It provided the core systems integration for the
Airwave service, the secure digital radio network dedicated for the use of
the UK's emergency and public safety services.
Northrop Grumman in the UK operates from primary locations at Chester,
Coventry, Fareham, New Malden, Peterborough, RAF Waddington and Solihull,
providing avionics, communications, electronic warfare systems, marine
navigation systems, robotics, C4ISR solutions and mission planning, airport
security, aircraft whole life support, IT systems and software development.
Northrop Grumman Corporation is a leading global security company whose
120,000 employees provide innovative systems, products, and solutions in
aerospace, electronics, information systems, shipbuilding and technical
services to government and commercial customers worldwide.
Northrop Grumman Corporation
Ken Beedle of Northrop Grumman Corporation, +44-207-747-1910, +44-7787-174092, Ken.beedle@euro.ngc.com
Federal Signal to Announce First Quarter Earnings on May 1
OAK BROOK, Ill., April 17 /PRNewswire-FirstCall/ -- Federal Signal Corporation , a leader in advancing security and well-being, will announce first quarter 2009 earnings before the market opens on Friday, May 1, 2009. The company will also host an investor conference call at 11 a.m. Eastern time the same day with William H. Osborne, president and CEO, and William Barker, senior vice president and CFO. Investors and analysts may access the webcast at http://www.federalsignal.com/. An archived replay of the investor conference call will be available on the company's website shortly after the call concludes.
About Federal Signal
Federal Signal Corporation enhances the safety, security and well-being of communities and workplaces around the world. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and institutional customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company operates three groups: Safety and Security Systems, Environmental Solutions and Fire Rescue. For more information on Federal Signal, visit: http://www.federalsignal.com/.
Federal Signal Corporation
CONTACT: Investor Contact, William Barker of Federal Signal Corporation, +1-630-954-2000, wbarker@federalsignal.com
Web Site: http://www.federalsignal.com/
Point Blank Solutions Appoints James R. Henderson as Acting Chief Executive Officer
POMPANO BEACH, Fla., April 17 /PRNewswire-FirstCall/ -- Point Blank Solutions, Inc. ("PBSI", Pink Sheets: PBSO.PK), a leader in the field of protective body armor, today announced that its Board of Directors voted to remove Larry R. Ellis as President and Chief Executive Officer, effective as of April 16, 2009. The Company also announced that James R. Henderson, Chairman of its Board of Directors, has been asked by the Board to assume the role of Acting Chief Executive Officer until a replacement is found.
"General Ellis and his team helped Point Blank rectify many of the legacy issues the Company has faced while building a strong platform for growth. The Board's actions are in no way a reflection of General Ellis' past leadership, but rather a desire to move in a different direction at this time."
"Point Blank has some of the industry's most talented people and produces quality, life-saving products for the most important customers in the world. I look forward to taking on the role of CEO and will do everything in my power to help improve our market position, productivity, and our financial performance. Most important, management and the Board will continue to focus on generating higher returns for all shareholders and will pursue all avenues that will help us achieve this shared goal," Henderson continued.
Mr. Henderson was elected to the Board of Directors at the Company's 2008 Annual Meeting of Stockholders held on August 19, 2008 and elected to serve as Chairman of the Board on August 28, 2008. He has more than 27 years of experience as an operating executive with various companies, including defense companies such as ECC International Corp., Aydin Corp. and with the defense and military division of UNISYS Corp. He also serves as Chairman of the Board of GenCorp Inc., a technology-based manufacturing company in the fields of aerospace and defense, and has served and currently serves as a Director for other public and private companies.
ABOUT POINT BLANK SOLUTIONS, INC.
Point Blank Solutions, Inc. is a leader in the design and production of technologically advanced body armor systems for the U.S. Military, Government and law enforcement agencies, as well as select international markets. The Company is also recognized as the largest producer of soft body armor in the U.S. With state-of-the-art manufacturing and laboratory testing facilities, strategic technology and marketing alliances, and an ongoing commitment to drive innovation, Point Blank Solutions believes that it can deliver the most advanced body armor solutions, quicker and better than anyone in the industry.
The Company maintains facilities in Deerfield Beach, FL, Oakland Park, FL, Pompano Beach, FL, Jacksboro, TN and Washington, DC. To learn more about Point Blank Solutions, Inc. visit our website at http://www.pointblanksolutionsinc.com/.
SAFE HARBOR STATEMENT
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THE STATEMENTS WHICH ARE NOT HISTORICAL FACTS CONTAINED IN THIS PRESS RELEASE ARE FORWARD-LOOKING STATEMENTS, WHICH ARE BASED LARGELY ON THE COMPANY'S EXPECTATIONS AND ARE SUBJECT TO VARIOUS BUSINESS RISKS AND UNCERTAINTIES, CERTAIN OF WHICH ARE BEYOND THE COMPANY'S CONTROL. WORDS SUCH AS "EXPECTS," "ANTICIPATES," "TARGETS," "GOALS," "PROJECTS," "INTENDS," "PLANS," "BELIEVES," "SEEKS," "ESTIMATES," VARIATIONS OF SUCH WORDS, AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY SUCH FORWARD-LOOKING STATEMENTS. THESE FORWARD-LOOKING STATEMENTS ARE ONLY PREDICTIONS THAT SPEAK AS OF THE DATE HEREOF AND ARE SUBJECT TO RISKS, UNCERTAINTIES AND ASSUMPTIONS THAT ARE DIFFICULT TO PREDICT. THEREFORE, ACTUAL RESULTS MAY DIFFER MATERIALLY AND ADVERSELY FROM THOSE EXPRESSED IN ANY FORWARD-LOOKING STATEMENTS. FACTORS THAT MIGHT CAUSE OR CONTRIBUTE TO SUCH DIFFERENCES INCLUDE, BUT ARE NOT LIMITED TO, (1) CHANGES IN THE COMPANY'S INTERNAL CONTROL STRUCTURE OVER FINANCIAL REPORTING, (2) UNCERTAINTY OF FUTURE FINANCIAL RESULTS, (3) ADDITIONAL FINANCING REQUIREMENTS, (4) DEVELOPMENT OF NEW PRODUCTS, (5) GOVERNMENT APPROVAL AND CONTRACTING PROCESSES, (6) THE IMPACT OF COMPETITIVE PRODUCTS OR PRICING, (7) TECHNOLOGICAL CHANGES, (8) THE EFFECT OF POLITICAL AND ECONOMIC CONDITIONS, (9) THE OUTCOME AND IMPACT OF LITIGATION TO WHICH THE COMPANY IS A PARTY AND THE SECURITIES AND EXCHANGE COMMISSION AND OTHER INVESTIGATIONS REGARDING THE COMPANY, (10) TURNOVER IN THE COMPANY'S SENIOR MANAGEMENT AND (11) OTHER UNCERTAINTIES DETAILED IN THE COMPANY'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING, WITHOUT LIMITATION, THOSE UNCERTAINTIES AND RISKS DISCUSSED IN DETAIL IN "RISK FACTORS," IN THE COMPANY'S PERIODIC REPORTS ON FORMS 10-K AND 10-Q. THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGE IN THE EXPECTATIONS OF OUR MANAGEMENT WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS, OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED.
Company Contact: Media Relations/Investor Relations
Glenn Wiener
212-786-6013 / ir@pbsinc.com
Point Blank Solutions, Inc.
CONTACT: Media and Investor Relations: Glenn Wiener, +1-212-786-6013, ir@pbsinc.com
Web Site: http://www.pointblanksolutionsinc.com/
Micromem Technologies Inc. Completes Private Placement
TORONTO and NEW YORK, April 17 /PRNewswire-FirstCall/ -- Micromem Technologies Inc. (the "Company") (CNSX: MRM, OTCBB: MMTIF) announces the completion of a non-brokered arm's length private placement of 174,419 common shares at a subscription price of CAN $0.86 per common share for the gross proceeds of CAN $150,000.
The proceeds from the offerings will be used for general working capital purposes and will be subject to resale restrictions.
About Micromem Technologies Inc. and MASTInc:
---------------------------------------------
MASTInc is a wholly owned U.S.-based subsidiary of Micromem Technologies Inc., a publicly traded fabless semiconductor company with headquarters in Toronto, Canada and an office in New York City. Micromem holds and continues to develop a broad-based patent portfolio of Magnetoresistive Random Access Memory (MRAM) and magnetic sensor technologies. Micromem's MRAM patents create a solution for performance driven, radiation hard, non-volatile memory applications. MASTInc is focused on business development efforts and is working on the launch of sensory products for use in both defense and consumer applications. Its first product, GC-0301, is far superior to the competition with over 200 V/T, making it one of the most sensitive hall sensors on the market without the need for external amplification. MASTInc is working with companies that have large-scale capabilities and expects to sign contracts in the coming quarters.
Safe Harbor Statement
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward looking statements include, our inability to obtain additional financing on acceptable terms, risk that our products and services will not gain widespread market acceptance; continued consumer adoption of digital technology, inability to compete with others who provide comparable products, the failure of our technology, inability to respond to consumer and technological demands, inability to replace significant customers; seasonal nature of our business and other risks detailed in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this document, the words "believe," "expect," "anticipate," "estimate," "project," "plan," "should," "intend," "may," "will," "would," "potential," and similar expressions may be used to identify forward-looking statements.
The CNSX or any other securities regulatory authority has not reviewed
and does not accept responsibility for the adequacy or accuracy of this
press release that has been prepared by management.
Listing: NASD OTC-Bulletin Board - Symbol: MMTIF
:CNSX - Symbol: MRM
Shares issued: 86,768,981
SEC File No: 0-26005
Micromem Technologies Inc.
CONTACT: Jason Baun, 1-877-388-8930
Emtec, Inc. Announces Second Quarter ResultsSix-Month EBITDA $2.675 Million
MARLTON, N.J., April 17 /PRNewswire-FirstCall/ -- Emtec, Inc. (OTC Bulletin Board: ETEC) ("Emtec" or the "Company") announced today that for the quarter ended February 28, 2009, earnings before interest, taxes, depreciation and amortization expenses ("EBITDA") was $215,568 compared to an EBITDA loss of $39,028 for the quarter ended February 28, 2008. For the six months ended February 28, 2009, EBITDA was $2.675 million compared to $2.761 million for the six months ended February 28, 2008. EBITDA represents a non-GAAP (Generally Accepted Accounting Principles) financial measure. A table reconciling this measure to net income (loss), the appropriate GAAP measure is included in this release.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080414/EMTECLOGO )
For the quarter ended February 28, 2009, there was a slight improvement in net loss as the consolidated net loss was $385,017, a decrease of $6,361 over the net loss of $391,378 for the comparable quarter in the prior year. The six month figures remained positive with net income of $620,925, a decrease of $233,899 over the $854,824 of net income for the comparable six months of the prior year. Earnings per share for the six months ended February 28, 2009 was $0.04 per share, a decrease of $0.02 per share from the $0.06 per share for the comparable six months in the prior year.
Our Global Services Division's revenues were $8.83 million for the three months ended February 28, 2009. Global Services Division consists of revenues from our recently acquired subsidiaries Luceo, eBAS, Aveeva and KOAN-IT. Our Global Services Division's operating income for the three months ended February 28, 2009 was $242,552. Systems Division's total revenues decreased $10.93 million, or 24.8%, to $33.13 million for the three months ended February 28, 2009, compared to $44.07 million for the three months ended February 28, 2008. Operating loss for our Systems Division for the three months ended February 28, 2009 increased by 71.5%, or $247,943, to $594,482, compared to $346,539 for the three months ended February 28, 2008. The decreases in revenues and operating income experienced in the Systems Division are primarily attributed to the current economic downturn and the deferral of some larger computer roll-out projects to future quarters.
"In spite of the challenges in the present economic environment, we continue to have successes in a number of areas," said Dinesh Desai, Chairman and Chief Executive Officer of Emtec. "Our increased utilization of engineering associates in our Systems Division resulted in an increase in gross profit margin to 13.5% for the quarter compared to 11.3% for the comparable quarter a year ago. Additionally the positive contribution to earnings provided by Emtec Global Services continues to give us confidence that our acquisition strategy is on target."
About Emtec:
Emtec, Inc. established in 1964, is a systems integrator, providing services and products to the federal, state, local, education and commercial markets. Emtec operates two business segments: Emtec Systems Division and Emtec Global Services. Emtec's Systems Division provides IT transformation & optimization consulting, business service management, enterprise architecture, data management and integration services. Emtec Global Services expertise includes software development, software consulting, business analysis, quality assurance, and testing. For more information visit http://www.emtecinc.com/.
Forward-looking Statement:
Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission which are available for review at http://www.sec.gov/ under "Search for Company Filings." We undertake no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, or changes to future results over time.
EMTEC, INC.
SUMMARY FINANCIAL INFORMATION
Three Months Ended Six Months Ended
------------------ ----------------
February 28, February 29, February 28, February 29,
2009 2008 2009 2008
------------ ------------ ------------ ------------
Revenues $41,961,290 $44,068,502 $111,980,400 $118,708,688
Gross profit 6,126,400 4,971,243 14,920,386 13,616,220
Percent of
revenues 14.6% 11.3% 13.3% 11.5%
Operating income
(loss) (351,930) (346,539) 1,577,786 2,153,167
Percent of
revenues -0.8% -0.8% 1.4% 1.8%
Net income
(loss) $(385,017) $(391,378) $620,925 $854,824
========= ========= ======== ========
Net income
(loss) per
common share -
Basic and
Diluted $(0.03) $(0.03) $0.04 $0.06
------ ------ ----- -----
EBITDA (Earnings Before Interest, Taxes, Depreciation
and Amortization Expense)
Three Months Ended Six Months Ended
------------------ ----------------
February 28, February 29, February 28, February 29,
2009 2008 2009 2008
------------ ------------ ------------ ------------
Net income
(loss) $(385,017) $(391,378) $620,925 $854,824
EBITDA Adjustments:
Provision for
income taxes (230,801) (221,993) 439,645 712,281
Interest expense 269,930 315,720 523,993 652,743
Interest income
- other (6,290) (48,888) (11,188) (66,663)
Depreciation and
amortization 567,746 307,511 1,101,645 608,014
------- ------- --------- -------
EBITDA $215,568 $(39,028) $2,675,020 $2,761,199
------ ======== ======== ========== ==========
Photo: http://www.newscom.com/cgi-bin/prnh/20080414/EMTECLOGO
Emtec, Inc.
CONTACT: John P. Howlett, Vice Chairman Emeritus, Emtec, Inc., +1-908-338-0043, johnhowlett@emtecinc.com
Web Site: http://www.emtecinc.com/
Liberty Media Corporation Announces First Quarter Earnings Release and Conference Call
ENGLEWOOD, Colo., April 17 /PRNewswire-FirstCall/ -- Liberty Media Corporation will release its first quarter earnings on Friday, May 8. You are invited to participate in Liberty Media's earnings call, which will begin at 12:00 p.m. (EST). Greg Maffei, Liberty Media's President and CEO, will host the call. During the call, Mr. Maffei may make observations regarding the company's financial performance, outlook, and the previously announced proposed split-off of a majority of the assets and liabilities currently attributed to the Liberty Entertainment group tracking stock.
Please call Premiere Conferencing at (877) 741-4248 or (719) 325-4834 at least 10 minutes prior to the call so that we can begin promptly at the start time. You will need to be on a touch-tone telephone to ask questions. The conference administrator will give you instructions on how to use the polling feature. Questions will be registered automatically and queued in the proper sequence.
Replays of the conference call can be accessed through 2:30 p.m. (ET) on May 22nd, by dialing (719) 457-0820 or (888) 203-1112 plus the pass code 2044993#.
In addition, the first quarter earnings conference call will be broadcast live via the Internet. All interested participants should visit the Liberty Media Corporation website at http://www.libertymedia.com/events to register for the web cast. Links to the press release and replays of the call will also be available on the Liberty Media website. The conference call and related materials will be archived on the website for one year.
Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the statements regarding our expected split-off of a majority of the assets and liabilities currently attributed to the Liberty Entertainment group as well as the company's expectations as to its financial performance and outlook. These forward looking statements are based on management's current expectations and assumptions, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Actual results could differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this press release. Liberty expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Liberty's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Additional Information
Nothing in this release shall constitute a solicitation to buy or an offer to sell shares of the split-off company or any of the Liberty Media tracking stocks. The offer and sale of shares in the proposed split-off will only be made pursuant to an effective registration statement. Liberty stockholders and other investors are urged to read the registration statement to be filed with the SEC, including the proxy statement/prospectus to be contained therein, because it will contain important information about the transaction. A copy of the registration statement and the proxy statement/prospectus, once filed, will be available free of charge at the SEC's website (http://www.sec.gov/). Copies of the proxy statement/prospectus and the filings with the SEC that will be incorporated by reference in the proxy statement/prospectus can also be obtained, without charge, by directing a request to Liberty Media Corporation, 12300 Liberty Boulevard, Englewood, Colorado 80112, Attention: Investor Relations, Telephone: (720) 875-5408.
Participants in a Solicitation
The directors and executive officers of Liberty and other persons may be deemed to be participants in the solicitation of proxies in respect of proposals to approve the transaction. Information regarding Liberty's and the split-off company's directors and executive officers and other participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be available in the proxy materials to be filed with the SEC.
About Liberty Media Corporation
Liberty Media Corporation owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to three tracking stock groups: (1) the Liberty Interactive group , which includes Liberty's interests in QVC, Provide Commerce, Backcountry.com, BUYSEASONS, Bodybuilding.com, IAC/InterActiveCorp, and Expedia, (2) the Liberty Entertainment group , which includes Liberty's interests in The DIRECTV Group, Inc., Starz Entertainment, FUN Technologies, Inc., GSN, LLC, WildBlue Communications, Inc., and Liberty Sports Holdings LLC, and (3) the Liberty Capital group , which includes all businesses, assets and liabilities not attributed to the Interactive group or the Entertainment group including its subsidiaries Starz Media, LLC, Atlanta National League Baseball Club, Inc., and TruePosition, Inc., and minority equity investments in Time Warner Inc. and Sprint Nextel Corporation.
Liberty Media Corporation
CONTACT: Courtnee Ulrich of Liberty Media Corporation, +1-720-875-5420
Web Site: http://www.libertymedia.com/
Verizon Business Volunteers 'Dig' Earth Day ActivitiesDallas, Boston and Tulsa Employees Participate in Local Activities
BASKING RIDGE, N.J., April 17 /PRNewswire/ -- Verizon Business employees in Dallas, Boston and Tulsa are volunteering in local projects in support of Earth Day on April 22.
"Through their volunteer efforts, Verizon Business employees around the country are joining their colleagues from other Verizon groups to express a strong commitment to their communities," said Bob Toohey, senior vice president of human resources at Verizon Business. "These volunteer activities, combined with the company's overall conservation efforts, reflect our commitment to operate in an environmentally responsible way. Verizon Business also helps other companies reduce their own carbon footprint globally through the communications and IT services we offer."
On Saturday (April 18) employees in the Dallas area will participate in two activities during a half-day volunteer project at the Trinity River Audubon Center's (TRAC) nature reserve. Adults and older youths will work on a variety of landscaping projects such as planting native grass seed, removing unwanted plants around the Great Egret Pond, and improving the TRAC's trail system.
As part of the TRAC program, Verizon Business employees with younger children also will participate in one of the self-guided nature lessons TRAC is developing. After completing the lesson, the parent and child will meet with a TRAC nature educator to suggest improvements to the lessons. These comments will be incorporated into the self-guided curriculum before the program is offered to the public.
In the Boston area, Verizon Business employees will participate in the 10th Annual Earth Day Charles River Cleanup on April 25 by picking up trash near the Hatch Shell in the Esplanade. The Annual Earth Day Cleanup is organized by collaborative groups interested in environmental and river issues.
Earlier in April, Verizon Business employees in the Tulsa area were invited to participate in the Metropolitan Environmental Trust's (MET) Household Pollution Collection Event. This bi-annual event provides northeast Oklahoma residents the opportunity to properly dispose of items such as pesticides, automotive fluids, batteries, fluorescent light bulbs and pool chemicals, as well as unused or out of date prescription medications, to prevent environmental damage.
Verizon Business continues to reduce its own impact on the environment through a number of environmental policies that include outfitting Verizon Business buildings with more energy efficient light fixtures, promoting paper and aluminum recycling, installing motion sensors in unstaffed rooms, requiring housekeeping providers to use "green" cleaning materials, and encouraging landscaping companies to apply earth-friendly pesticides.
Going green isn't limited to Verizon Business' own business practices. The company offers its customers a number of ways to reduce the impact on the environment through communication services such as voice, video and Web conferencing; mobility solutions; and server virtualization and optimization -- all of which help customers conserve natural resources.
The company also offers its customers paperless billing options, which saves trees through reduced paper use. The company then plants a tree for each customer who opts for paperless business billing.
For more information about Verizon Business's environmental efforts, visit the company's Green Initiatives Web site.
About Verizon Business
Verizon Business, a unit of Verizon Communications , is a global leader in communications and IT solutions. We combine professional expertise with the world's most connected IP network to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees -- enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments -- including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions -- rely on our professional and managed services and network technologies to accelerate their business. Find out more at http://www.verizonbusiness.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon Business
CONTACT: Lynn Staggs of Verizon Business, +1-918-590-2403, c-lynn.staggs@verizonbusiness.com
Web Site: http://www.verizonbusiness.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
LivePerson to Announce First Quarter 2009 Financial Results on Wednesday, May 6, 2009
NEW YORK, April 17 /PRNewswire-FirstCall/ -- LivePerson, Inc. , a provider of online engagement solutions that facilitate real-time assistance and expert advice, will discuss its first quarter 2009 financial results during a teleconference on Wednesday, May 6, 2009, at 5:00 p.m. ET. Results will be released after the market close on May 6.
To participate, please call 877-507-3684 before 5:00 p.m. ET. International callers, please dial 706-634-9559. Please reference the conference ID "95322112."
If you are unable to participate, the teleconference will be available for replay at 6:00 p.m. ET on May 6, 2009 until August 6, 2009. To access the replay, please call 800-642-1687 (U.S. and Canada) or 706-645-9291 (international). Please reference the conference ID "95322112."
About LivePerson
LivePerson is a provider of online engagement solutions that facilitate real-time assistance and expert advice. Connecting businesses and experts with consumers seeking help on the Web, LivePerson's hosted software platform creates more relevant, compelling and personalized online experiences. Every month, LivePerson's intelligent platform helps millions of people succeed online; more than 7,000 companies, including EarthLink, Hewlett-Packard, Microsoft, Qwest, and Verizon, rely on LivePerson to maximize the impact of the online channel. LivePerson is headquartered in New York City.
LivePerson, Inc.
CONTACT: Kevin Kohn of LivePerson, Inc., +1-212-609-4240, kkohn@liveperson.com
Web Site: http://www.liveperson.com/
Belden to Broadcast First Quarter 2009 Earnings Release Conference Call
ST. LOUIS, April 17 /PRNewswire-FirstCall/ -- Belden plans to release its results for the first quarter ended March 29, 2009, on Wednesday, April 29, 2009. Management will discuss the results of the quarter during a conference call at 10:30 a.m. Eastern Time, which Belden will broadcast live, via the Internet.
The live listen-only audio of the conference call will be broadcast in its entirety. To listen to the call, go to http://investor.belden.com/. The dial-in number is 913-312-6650 or 866-304-1238. A replay of this conference call will be archived for a limited time on the web site as well.
About Belden
Sending All the Right Signals - from industrial automation to data centers, from broadcast studios to aerospace, from cutting-edge wireless communications to consumer electronics, Belden people are committed to delivering the best signal transmission solutions in the world. Belden associates work in copper cable, fiber, wireless technology, connectors, switches and active components to bring voice, video and data to your mission-critical application. With 2008 revenue of $2.0 billion, Belden has manufacturing capability in North America, Europe and Asia. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at http://www.belden.com/.
From: Belden
314.854.8054
Belden
CONTACT: Belden, +1-314-854-8054
Web Site: http://www.belden.com/
Belden Announces Departure of EMEA President
ST. LOUIS, April 17 /PRNewswire-FirstCall/ -- Belden , a leader in the design, manufacture, and marketing of signal transmission solutions for industrial automation, data networking, and a wide range of specialty electronics markets, today announced that Wolfgang Babel, President of Belden Europe, Middle East and Africa (EMEA), will be leaving the Company. The Company has already commenced its search for a replacement candidate. However, until a permanent replacement is found, John Stroup, President and Chief Executive Officer of Belden will lead the EMEA business segment.
"The economic situation in Europe has continued to prove challenging. This action is part of a broader series of necessary steps we will be taking to accelerate our progress in this segment during these difficult times," said John Stroup, President and Chief Executive Officer of Belden. "We are committed to ensuring the long-term success of our EMEA segment, as it is a vital component to our long-term strategy. We will discuss our plans for this segment in greater detail on our upcoming earnings call which is scheduled for April 29th."
Forward Looking Statements
Statements in this release other than historical facts are "forward looking statements" made in reliance upon the safe harbor of the Private Securities Litigation Reform Act of 1995. These forward looking statements are based on forecasts and projections about the industries served by the Company and about general economic conditions. They reflect management's beliefs and expectations. They are not guarantees of future performance and they involve risk and uncertainty. The Company's actual results may differ materially from these expectations. The current global economic slowdown has adversely affected our results of operations and may continue to do so. Turbulence in financial markets may increase our borrowing costs. Some additional factors that may cause actual results to differ from the Company's expectations include demand for the Company's products; the cost and availability of materials including copper, plastic compounds derived from fossil fuels, and other materials; energy costs; the Company's ability to integrate successfully the acquired businesses; and other factors. For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the year ended December 31, 2008, filed with the SEC on February 27, 2009. Belden disclaims any duty to update any forward looking statements as a result of new information, future developments, or otherwise.
About Belden
Sending All the Right Signals - from industrial automation to data centers, from broadcast studios to aerospace, from cutting-edge wireless communications to consumer electronics, Belden people are committed to delivering the best signal transmission solutions in the world. Belden associates work in copper cable, fiber, wireless technology, connectors, switches and active components to bring voice, video and data to your mission-critical application. With 2008 revenue of $2.0 billion, Belden has manufacturing capability in North America, Europe and Asia. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at http://www.belden.com/.
Contact:
Belden Investor Relations
314-854-8054
Belden
CONTACT: Belden Investor Relations, +1-314-854-8054
Web Site: http://www.belden.com/
Next IT Lands Deal With Continental AirlinesContinental to Implement Next IT's ActiveAgent(TM)
SPOKANE, Wash., April 17 /PRNewswire-FirstCall/ -- Next IT Corporation, the pioneer of Human Emulation Software(TM), announced today that it has signed an agreement with Continental Airlines to implement its ActiveAgent solution on their Web site, http://www.continental.com/. Continental, the world's fifth largest airline, was recently awarded 'Best Airline for North American Travel' by Business Traveler Magazine readers and was also rated the top airline in FORTUNE magazine's annual airline industry list of World's Most Admired Companies for the sixth consecutive year.
By implementing Next IT's Human Emulation Software, ActiveAgent, Continental will revolutionize the way it supports its customers on the Web through the use of a Virtual Expert. The Continental Virtual Expert will be available 24/7/365 and will interact with customers to effectively interpret their requests and provide accurate answers to all travel needs. From booking a flight to understanding what visa requirements exist when traveling overseas, ActiveAgent will help Continental provide the same high-touch service available within the call center environment, on the Web.
"We are excited to partner with Continental on this very important project," said President and CEO of Next IT, Fred Brown. "Today's travelers are looking for quick answers to their questions and the implementation of our technology will provide Continental customers with a friendly, fast and accurate experience."
"Continental.com is our one-stop shop for travel planning and information, and the Human Emulation Technology from Next IT will undoubtedly introduce a whole new level of ease to our site. Our Virtual Expert powered by Next IT will quickly and accurately guide our customers to the answers they're looking for, without the hassle of navigating through menus or search results," said Mark Bergsrud, Senior Vice President of Marketing Programs and Distribution at Continental Airlines. "We are constantly looking for ways to improve our ability to deliver the best customer experience, and our Virtual Expert will be an invaluable resource to our customers."
About Next IT Corporation Next IT's Human Emulation Software, ActiveAgent, creates Virtual Experts that are redefining the communication between people and technology. ActiveAgent, accurately understands and interprets natural language questions and delivers exact results across multiple service channels such as the Web, contact center, intranet, mobile devices, and more. For more information on Next IT and its customers, please email info@nextit.com or visit http://www.nextit.com/.
About Continental Airlines
Continental Airlines is the world's fifth largest airline. Continental, together with Continental Express and Continental Connection, has more than 2,800 daily departures throughout the Americas, Europe and Asia, serving 135 domestic and 132 international destinations. More than 650 additional points are served via alliance partners. With more than 43,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 67 million passengers per year.
Celebrating its 75th anniversary this year, Continental consistently earns awards and critical acclaim for both its operation and its corporate culture. For the sixth consecutive year, FORTUNE magazine named Continental the No. 1 World's Most Admired Airline on its 2009 list of World's Most Admired Companies. For more company information, go to continental.com.
Continental Airlines; Next IT Corporation
CONTACT: Jennifer Snell of Next IT Corporation, +1-509-242-0776 marketing@nextit.com; or Corporate Communications of Continental Airlines, +1-713-324-5080, corpcomm@coair.com
Web Site: http://www.continental.com/ http://www.nextit.com/
/C O R R E C T I O N -- Emtec, Inc./In the news release, Emtec, Inc. Announces Second Quarter Results, issued 17-Apr-2009 by Emtec, Inc. over PR Newswire, we are advised by the company that the first paragraph, first sentence, should read "an EBITDA loss of $39,028" rather than "an EBITDA loss of $39,028 million" as originally issued inadvertently. The complete, corrected release follows:Emtec, Inc. Announces Second Quarter ResultsSix-Month EBITDA $2.675 Million
MARLTON, N.J., April 17 /PRNewswire-FirstCall/ -- Emtec, Inc. (OTC Bulletin Board: ETEC) ("Emtec" or the "Company") announced today that for the quarter ended February 28, 2009, earnings before interest, taxes, depreciation and amortization expenses ("EBITDA") was $215,568 compared to an EBITDA loss of $39,028 for the quarter ended February 28, 2008. For the six months ended February 28, 2009, EBITDA was $2.675 million compared to $2.761 million for the six months ended February 28, 2008. EBITDA represents a non-GAAP (Generally Accepted Accounting Principles) financial measure. A table reconciling this measure to net income (loss), the appropriate GAAP measure is included in this release.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080414/EMTECLOGO )
For the quarter ended February 28, 2009, there was a slight improvement in net loss as the consolidated net loss was $385,017, a decrease of $6,361 over the net loss of $391,378 for the comparable quarter in the prior year. The six month figures remained positive with net income of $620,925, a decrease of $233,899 over the $854,824 of net income for the comparable six months of the prior year. Earnings per share for the six months ended February 28, 2009 was $0.04 per share, a decrease of $0.02 per share from the $0.06 per share for the comparable six months in the prior year.
Our Global Services Division's revenues were $8.83 million for the three months ended February 28, 2009. Global Services Division consists of revenues from our recently acquired subsidiaries Luceo, eBAS, Aveeva and KOAN-IT. Our Global Services Division's operating income for the three months ended February 28, 2009 was $242,552. Systems Division's total revenues decreased $10.93 million, or 24.8%, to $33.13 million for the three months ended February 28, 2009, compared to $44.07 million for the three months ended February 28, 2008. Operating loss for our Systems Division for the three months ended February 28, 2009 increased by 71.5%, or $247,943, to $594,482, compared to $346,539 for the three months ended February 28, 2008. The decreases in revenues and operating income experienced in the Systems Division are primarily attributed to the current economic downturn and the deferral of some larger computer roll-out projects to future quarters.
"In spite of the challenges in the present economic environment, we continue to have successes in a number of areas," said Dinesh Desai, Chairman and Chief Executive Officer of Emtec. "Our increased utilization of engineering associates in our Systems Division resulted in an increase in gross profit margin to 13.5% for the quarter compared to 11.3% for the comparable quarter a year ago. Additionally the positive contribution to earnings provided by Emtec Global Services continues to give us confidence that our acquisition strategy is on target."
About Emtec:
Emtec, Inc. established in 1964, is a systems integrator, providing services and products to the federal, state, local, education and commercial markets. Emtec operates two business segments: Emtec Systems Division and Emtec Global Services. Emtec's Systems Division provides IT transformation & optimization consulting, business service management, enterprise architecture, data management and integration services. Emtec Global Services expertise includes software development, software consulting, business analysis, quality assurance, and testing. For more information visit http://www.emtecinc.com/.
Forward-looking Statement:
Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission which are available for review at http://www.sec.gov/ under "Search for Company Filings." We undertake no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, or changes to future results over time.
EMTEC, INC.
SUMMARY FINANCIAL INFORMATION
Three Months Ended Six Months Ended
------------------ ----------------
February 28, February 29, February 28, February 29,
2009 2008 2009 2008
------------ ------------ ------------ ------------
Revenues $41,961,290 $44,068,502 $111,980,400 $118,708,688
Gross profit 6,126,400 4,971,243 14,920,386 13,616,220
Percent of
revenues 14.6% 11.3% 13.3% 11.5%
Operating income
(loss) (351,930) (346,539) 1,577,786 2,153,167
Percent of
revenues -0.8% -0.8% 1.4% 1.8%
Net income
(loss) $(385,017) $(391,378) $620,925 $854,824
========= ========= ======== ========
Net income
(loss) per
common share -
Basic and
Diluted $(0.03) $(0.03) $0.04 $0.06
------ ------ ----- -----
EBITDA (Earnings Before Interest, Taxes, Depreciation
and Amortization Expense)
Three Months Ended Six Months Ended
------------------ ----------------
February 28, February 29, February 28, February 29,
2009 2008 2009 2008
------------ ------------ ------------ ------------
Net income
(loss) $(385,017) $(391,378) $620,925 $854,824
EBITDA Adjustments:
Provision for
income taxes (230,801) (221,993) 439,645 712,281
Interest expense 269,930 315,720 523,993 652,743
Interest income
- other (6,290) (48,888) (11,188) (66,663)
Depreciation and
amortization 567,746 307,511 1,101,645 608,014
------- ------- --------- -------
EBITDA $215,568 $(39,028) $2,675,020 $2,761,199
------ ======== ======== ========== ==========
Photo: http://www.newscom.com/cgi-bin/prnh/20080414/EMTECLOGO
Emtec, Inc.
CONTACT: John P. Howlett, Vice Chairman Emeritus, Emtec, Inc., +1-908-338-0043, johnhowlett@emtecinc.com
Web Site: http://www.emtecinc.com/
Mobile Data Revenue Will Double in Spain's Telecom Market by 2014, Pyramid Research Finds
CAMBRIDGE, Massachusetts, April 17 /PRNewswire/ --
Despite Spain's pronounced economic slowdown, its telecom market will see
mobile data revenue double within the next five years, driven by an
uninterrupted expansion of mobile data and Internet-based services, according
to a new report from Pyramid Research (www.pyr.com), the telecom research arm
of the Light Reading Communications Network (www.lightreading.com).
Communications Markets in Spain offers an incisive profile of the
country's converged telecommunications, media, and technology sectors based
on proprietary data from our research in the market. It provides detailed
competitive analysis of both the fixed and mobile sectors, tracks the market
shares of technologies and services, and monitors the introduction and spread
of new technologies such as WiMax, IPTV, and VoIP. Published annually, this
executive study provides a comprehensive view of the Spanish communications
market by analyzing key trends, evaluating near-term opportunities and
assessing upcoming risk factors. Download an excerpt of this new report here:
http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR041609_CIRSP
The Spanish telecom market generated US$42.9 billion in 2008, accounting
for 11.7 percent of the total telecom service revenue generated in 2008 by
the 10 largest markets in Western Europe, notes Stela Bokun, analyst at
Pyramid Research and author of the report. "While Spain is likely to suffer a
more pronounced economic slowdown through the first half of 2010 due to the
global economic crisis, it will record higher GDP growth rates through 2014
than most other markets in the region," she says.
Telecom revenue will likewise grow faster, driven by an uninterrupted
expansion of mobile data services and Internet-based services. "Mobile data
revenue will more than double from US$4.1 billion in 2009 to US$8.3 billion
in 2014," says Bokun. "Mobile data ARPS, which accounted for 15 percent of
the total in 2008, will grow considerably over the next five years,
accounting for 28 percent of the total ARPS in 2014," she adds.
"Remote connectivity and infotainment service revenues are expected to
skyrocket, driven by operators' efforts to boost adoption of advanced data
services," Bokun says. "Vodafone, for example, currently offers a 15-day free
trial and two months of service free for clients who sign up for its mobile
broadband service," she explains. "Similarly, Orange offers all new
subscribers the same service at a 60 percent discount for the first three
months."
Communications Markets in Spain is part of Pyramid Research's Africa and
the Middle East Country Intelligence Report Series. Pyramid Research's
premium Country Intelligence Reports are the industry's best available
analysis on market trends, regulatory environments, and competitive dynamics
for 60 countries worldwide.
Download an excerpt of this new report here:
http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR041609_CIRSP
Communications Markets in Spain is priced at US$990 and can be purchased
online here:
http://www.pyramidresearch.com/store/CIRSPAIN.htm?sc=PR041609_CIRSP or
through Dave Williams via email at dave.williams@pyr.com or telephone at
+1-858-485-8870.
For more information about Pyramid Research's products and services,
please visit www.pyr.com or contact us at info@pyr.com.
About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex
demands our clients face in the telecommunications, media and technology
industries. Our analysis is uniquely positioned at the intersection of
emerging markets, emerging technologies and emerging business models, powered
by the bottom-up methodology of our market forecasts for over 100 countries-a
distinction that has remained unmatched for more than 25 years. As the
telecom research arm of the Light Reading Communications Network, Pyramid
Research works with Heavy Reading, providing the communications industry's
most comprehensive market data, trusted research and insightful technology
analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading
online media, research, and focused event company serving the US$3 trillion
worldwide communications market. Lightreading.com is the ultimate source for
technology and financial analysis of the communications industry, leading the
media sector in terms of traffic, content, and reputation. Light Reading's
research arms, Heavy Reading and Pyramid Research, provide the most
comprehensive communications research, market data, and technology analysis
in close to 100 markets around the world. Light Reading produces nearly 20
targeted communications events including TelcoTV, Ethernet Expo New York and
Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as
focused one-day events tailored for cable, mobile, and wireline executives.
Light Reading was acquired by United Business Media in August 2005 and
operates as a unit of TechWeb.
About TechWeb
TechWeb (http://techweb.com/aboutus), the global leader in business
technology media, is an innovative business focused on serving the needs of
technology decision-makers and marketers worldwide. TechWeb produces the most
respected and consumed media brands in the business technology market. Today,
more than 13.3 million* business technology professionals actively engage in
our communities created around our global face-to-face events, Interop, Web
2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network,
Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and
The Financial Technology Network; and the market leading, award-winning
InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street &
Technology magazines. TechWeb also provides end-to-end services including
next-generation performance marketing, integrated media, research, and
analyst services. TechWeb is a division of United Business Media, a global
provider of news distribution and specialist information services with a
market capitalization of more than US$2.5 billion.
*13.3 million business decision-makers: based on number of monthly
connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information
distribution, targeting and monitoring; and, the development and monetization
of B2B communities and markets. UBM's businesses inform markets and serve
professional commercial communities - from doctors to game developers, from
journalists to jewelry traders, from farmers to pharmacists - with integrated
events, online, print and business information products. Our 6,500 staff in
more than 30 countries are organized into specialist teams that serve these
communities, bringing buyers and sellers together, helping them to do
business and their markets to work effectively and efficiently. For more
information, go to http://www.unitedbusinessmedia.com.
Press contact:
Jennifer Baker
+1-617-871-1910
jbaker@pyr.com
Pyramid Research
Jennifer Baker, +1-617-871-1910, jbaker@pyr.com
OmniVision to Showcase Latest Innovations for Security and Surveillance at SecuTech Expo 2009
SANTA CLARA, Calif., April 17 /PRNewswire-FirstCall/ -- OmniVision Technologies, Inc. , a leading developer of advanced digital imaging solutions, today announced its participation at the SecuTech Expo 2009 in Taipei, Taiwan April 22 - 24, 2009. The Company will showcase their latest advanced imaging solutions, including its high-sensitivity OmniPixel3-HS(TM) architecture and recently announced CameraCube(TM) technology.
OmniVision is the world's leading CMOS sensor supplier to the security and surveillance market, with over 50 percent market share*, according to TSR, a leading independent third-party research firm. OmniVision provides the industry's broadest range of solutions designed specifically to address the high-sensitivity demands of the security market, delivering vivid image capture in the most challenging indoor and outdoor lighting environments.
Technical Presentation
Megapixel IP Cameras: Overcoming Barriers
Presenter: Kelvin Chang, Senior Marketing Manager, OmniVision Technologies
April 23, 2009 2:20 - 3:00 p.m.
Booth Demonstrations
Booth# M020-M021
Ultra-low Light CCTV Demonstration
This demonstration features OmniVision's latest OV7960 SoC image sensor for professional-grade closed-circuit television (CCTV) applications, delivering CCD quality images with all the traditional advantages of CMOS, including higher integration, lower power and lower overall bill-of-material cost than CCD sensor technology. Featuring OmniVision's high-sensitivity OmniPixel3-HS(TM) architecture, this latest low-voltage, high-performance SoC supports a full ISP and TV encoder to deliver both NTSC and PAL output.
IP Solution Demonstration
The OV9715 1 megapixel sensor offers best-in-class 720p HD video performance at 30 frames per second (fps). Featuring OmniVision's 3 x 3µm OmniPixel3-HS pixel, the OV9715 offers a low light sensitivity of 3.3V lux/sec, delivering vivid imaging in virtually every lighting condition - from bright daylight to nearly complete darkness. The 1/4-inch OV9715 provides full-frame, sub-sampled or windowed 8-bit/10-bit images in raw RGB format via the digital video port, with complete user control over image quality, formatting and output data transfer.
RemoteEye-CE Demonstration
The OmniVision RemoteEye-CE is a complete reference design kit to enable an IP Camera for less than a $10 component BOM. It supports multiple OmniVision sensors from VGA up to three megapixels, including the latest OV7740 VGA sensor. The RemoteEye-CE provides Motion JPEG compression and supports all necessary network protocols such as TCP/IP/ ARP, ICMP, DHCP, DDNS, UDP, FTP, uPnP, SMTP, PPPoe, and NTP. The development kit includes all the components necessary for improving time-to-market including schematics, BOM, firmware, software development kit, and testing programs.
CameraCube(TM) Technology Demonstration
OmniVision's new CameraCube technology is a three-dimensional reflowable, total camera solution that combines the full functionality of a single-chip image sensor, embedded image processor, and wafer-level optics in one compact, small-footprint package. OmniVision's unique approach has enabled the industry's smallest profile and z-height (down to 2.5 x 2.9 x 2.5 mm), making it an ideal solution for miniature security camera applications. The initial two devices including the OVM6680 (400 x 400 pixels) and OVM7690 (VGA) are both featured.
10620 HDR Color Demonstration
The OV10620, OmniVision's first color High Dynamic Range (HDR) sensor for the security market offers security camera manufacturers with significant cost savings over existing multi-chip CCD camera solutions with HDR capability as well as superior performance versus competing CMOS color HDR systems. The OV10620 boasts a spectral light sensitivity of up to 1,000 nm, which approaches infrared sensitivity, and is capable of performing at a dynamic range of up to 110db in either color or black and white. The 6 x 6µm pixel enables the OV10620 to simultaneously capture and process image data from bright and dark regions making it highly suitable for use in high-performance CCTV and Internet protocol security camera systems.
About OmniVision
OmniVision Technologies is a leading developer of advanced digital imaging solutions. Its award-winning CMOS imaging technology enables superior image quality in many of today's consumer and commercial applications, including mobile phones, notebooks and webcams, digital still and video cameras, security and surveillance, automotive and medical imaging systems. Find out more at http://www.ovt.com/.
*Source: TSR, 2008 CCD/CMOS Area Image Sensor Market Analysis
Safe-Harbor Language
Certain statements in this press release, including statements regarding the expected benefits, performance and capabilities of OmniPixel-3HS, or CameraCube technology are forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward-looking statements and OmniVision's results to differ materially, include, without limitation: potential errors, design flaws or other problems with CameraCube, HDR or OmniPixel-3HS technology, customer acceptance, demand, and other risks detailed from time to time in OmniVision's Securities and Exchange Commission filings and reports, including, but not limited to, OmniVision's annual report filed on Form 10-K and quarterly reports filed on Form 10-Q. OmniVision expressly disclaims any obligation to update information contained in any forward-looking statement.
OmniVision(R), OmniPixel(R) and TrueFocus(R) are registered trademarks of OmniVision Technologies, Inc. The OmniVision logo, CameraChip(TM), CameraCube(TM), OmniBSI(TM), OmniPixel2(TM), OmniPixel3(TM), OmniPixel3-HS(TM), and SquareGA(TM) are trademarks of OmniVision Technologies, Inc. All other trademarks are the property of their respective owners.
OmniVision Technologies, Inc.
CONTACT: media, Martijn Pierik of Impress Public Relations, +1-602-366-5599, martijn@impress-pr.com, for OmniVision Technologies, Inc.; or company, Tamara Snowden, +1-408-653-3184, tsnowden@ovt.com, or investor relations, Chesha Gibbons, +1-408-653-3233, cgibbons@ovt.com, both of OmniVision Technologies, Inc.
Web Site: http://www.ovt.com/
Equifax Extends Technology Services Agreement With IBMNew agreement to support Equifax's operations in North America and Europe
ATLANTA and ARMONK, N.Y., April 17 /PRNewswire-FirstCall/ -- IBM and Equifax today announced they have signed a contract amendment for information technology (IT) services in the United States, Canada, Spain and the U.K. The agreement will enhance operational efficiency and strengthen the services relationship between Equifax and IBM which started in 1993.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
The revised agreement will generate savings and enable the flexibility required for Equifax to support its dynamic business. The global relationship between Equifax and IBM will also ensure consistent operations and administration across all the countries in which Equifax operates by leveraging IBM's world-class service delivery and industry best practices and standards. Additionally, the improved performance, technology and process innovation will help support Equifax's business strategy to quickly introduce new products and services and provide better support for its customers.
"IBM is a key global strategic supplier to Equifax and this new agreement delivers performance accountability, cost productivity, service enhancement and software innovation while deepening the global integration and collaboration between our organizations," said Robert Webb, chief information officer, Equifax.
As part of the agreement, IBM will provide data center services including mainframe, midrange server, client service desk, network and business continuity and resiliency services for Equifax's operations. IBM will utilize its global delivery network of service centers and data centers to support Equifax's employees and customers worldwide.
"The current market is driving companies of all industries to aggressively manage their operations," said William Smith, IBM general manager, Financial Services Sector. "IBM and Equifax have been enhancing our strategic relationship over the past decade with a focus on delivering competitive solutions to Equifax's clients. By leveraging IBM's global best practices and resources, dynamic infrastructure and industry expertise, Equifax will be able to reduce costs and adapt quickly to this challenging global economy."
The agreement was signed in March 2009.
About Equifax Inc.
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, employment and income verification and human resources business process outsourcing services, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses -- large and small -- rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, HR/payroll services, and much more. We empower individual consumers to manage their personal credit information, protect their identity and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries throughout North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500(R) Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX. For more information visit, http://www.equifax.com/.
About IBM
For more information, visit http://www.ibm.com/services. Additional press materials can be found at http://www.ibm.com/press/ITServices.
Media Contacts:
Jenna Gable
IBM Media Relations
(917) 472-3512
gablej@us.ibm.com
Jennifer Costello
Equifax Media Relations
(404) 885-8907
jennifer.costello@equifax.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
IBM
CONTACT: Media, Jenna Gable of IBM Media Relations, +1-917-472-3512, gablej@us.ibm.com; or Jennifer Costello of Equifax Media Relations, +1-404-885-8907, jennifer.costello@equifax.com
Web Site: http://www.ibm.com/services
Zix Corporation to Present at the 5th Annual Information Security and West Coast Emerging Growth Conference
DALLAS, April 17 /PRNewswire-FirstCall/ -- Zix Corporation (ZixCorp(R)), , the leader in hosted services for email encryption and e-prescribing, announces that Zix Corporation's chairman and chief executive officer, Rick Spurr, will present at the America's Growth Capital 5th Annual Information Security and West Coast Emerging Growth Conference at 9:00 a.m. (Pacific) on Monday, April 20, 2009 in San Francisco.
The conference is being held at the Westin San Francisco Market Street on April 20 and 21. Mr. Spurr will give a 30-minute presentation regarding ZixCorp's market positioning, financial performance and strategic direction, followed by individual meetings. The presentation will be webcast live featuring PowerPoint slides. Access is available by going to the Investor portion of the Company's website at http://investor.zixcorp.com/ or by visiting the following web address: http://www.wsw.com/webcast/agc9/zixi/.
About Zix Corporation
Zix Corporation (ZixCorp(R)) is the leading provider of hosted email encryption and e-prescribing services. ZixCorp's email encryption services provide an easy and cost-effective way to ensure customer privacy and regulatory compliance for corporate email. Its PocketScript(R) e-prescribing service reduces costs and improves patient care by automating the prescription process between payers, doctors, and pharmacies. For more information, visit http://www.zixcorp.com/.
Zix Corporation
CONTACT: Public Relations, Geoff Bibby, +1-214-370-2241, publicrelations@zixcorp.com, or Investor Relations, Peter Wilensky, +1-214-515-7357, invest@zixcorp.com, both of Zix Corporation
Web Site: http://www.zixcorp.com/
2009 NAB Show News Distributed by PR Newswire Available at www.EventNewsCenter.com
NEW YORK and LAS VEGAS, April 17 /PRNewswire/ -- As a service to journalists and other critical audiences around the world, PR Newswire will be posting 2009 NAB Show related news releases from participating companies issued via PR Newswire into a dedicated event news archive for this event.
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The news archive for this event will be housed and showcased on EventNewsCenter.com - PR Newswire's destination for event-related news. As a recognized leader in global news distribution, PR Newswire hosts news archives for hundreds of events worldwide at http://www.eventnewscenter.com/.
Media and exhibitors can contact PR Newswire's Global Events Division at tradeshow@prnewswire.com with any questions pertaining to these news releases.
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Pioneering the commercial news distribution industry 55 years ago, PR Newswire connects customers with audiences in more than 170 countries and in over 40 languages through an unparalleled network of offices in 16 countries across North and South America, Europe, Asia, and the Middle East, and via unique affiliations with the leading news agencies across the globe. PR Newswire is a subsidiary of United Business Media Limited, a leading global business media company that serves professional commercial communities around the world. For more information, go to http://www.unitedbusinessmedia.com/.
About United Business Media Limited
UBM focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/.
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PR Newswire Global Events
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Beacon Equity Issues Trade Alerts on Technology & Communication Equipment Stocks: DTV, CMCSA, QCOM, GLW, MOT, ALU
DALLAS, April 17 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today.
Investors can view all of the daily trade alerts for free by visiting BeaconEquity.com/m.
Today's Trade Alerts include: DIRECTV Group Inc. , Comcast Corp. , QUALCOMM Inc. , Corning Inc. , Motorola Inc. and Alcatel-Lucent .
Join the fastest growing investment community at: http://www.stockhideout.com/
See what Cramer has to say about these stocks and many more.
BeaconEquity.com's Trade Alerts are brief analyses on the active stocks each day that are affecting the markets. These include breaking news, insider activity, recent 52-week highs/lows, technical breakouts, and other market driving information. Beacon is the authority on research in the small-cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas.
BeaconEquity.com is one of the industry's largest small-cap research providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m CRD# 2207572
BeaconEquity.com Disclosure
BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, BeaconEquity.com, for complete risks and disclosures.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
David C. Masson of Beacon Equity Research is a member of the National Association of Securities Dealers, CRD number 2207572.
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
JEFF BISHOP
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=70781
BeaconEquity.com
CONTACT: Jeff Bishop of Beacon Equity Research, +1-469-252-3505, press@beaconequity.com
Web Site: http://www.beaconequityresearch.com/
SRA International Names Jack Nager Vice President, Aviation ProgramsAppointment Signals SRA's Escalation of Air Traffic Management Expertise and Aviation Insight
FAIRFAX, Va., April 17 /PRNewswire-FirstCall/ -- SRA International, Inc. , a leading provider of technology and strategic consulting services and solutions to government organizations and commercial clients, today announced it has named Jack Nager to be vice president, Aviation Programs, leading the company's aviation business, and spearheading SRA's plan to broaden its footprint in air traffic management systems and services, effective Monday, April 20.
SRA has more than 20 years experience supporting the Federal Aviation Administration (FAA) with engineering, research and development services related to airport runway safety, airport planning and aircraft fire safety. SRA services help the FAA meet its critical mission to provide the safest, most efficient air traffic and aviation system in the world. Most recently, SRA won a $56 million contract to support the FAA's Cyber Security Management Center (CSMC) to help defend and protect the Department of Transportation (DOT) and other federal agencies from cyber attacks.
"With Jack onboard, SRA will intensify its focus on the U.S. aviation marketplace," said SRA President and CEO Stan Sloane. "This strategic step deepens our aviation, air traffic management and transportation capabilities, and demonstrates our dedication to growing our work with the FAA and air navigation service providers (ANSPs) around the world."
Nager is an expert in the transportation/aviation market, with more than 30 years working at the Federal Aviation Administration (FAA). He had a wide range of responsibilities at the FAA, including developing, modernizing and sustaining the agency's air-traffic control (ATC) system; innovating processes and technologies for ATC infrastructure; negotiating technical cooperation agreements with other nations; and overseeing ATC modernization projects in all 50 states. Most recently, Nager served as director of business development for transportation and airport security programs for a major government contractor.
"Jack has unique, deep experience working with the FAA, and practical knowledge on the current U.S. aviation infrastructure and challenges," said Max Hall, SRA International senior vice president, Health and Civil Services. "Jack's impressive experience, along with his keen understanding of the road for improving the aviation system, will expand our existing capabilities to better serve the U.S. and global air-traffic and aviation markets."
SRA and its wholly owned subsidiary Era Systems Corporation provide next-generation air traffic management tools that address core challenges like safety, efficiency, profitability and functionality. Its innovative use of proven next-generation technologies like multilateration and ADS-B help ANSPs and airport operators ease capacity constraints, improve airspace and ground space efficiencies and reduce costs.
About SRA International, Inc.
SRA and its subsidiaries are dedicated to solving complex problems of global significance for government organizations serving the national security, civil government and global health markets. Founded in 1978, the company and its subsidiaries have expertise in such areas as air surveillance and air traffic management; contract research organization (CRO) services; cybersecurity; disaster response planning; enterprise resource planning; environmental strategies; IT systems, infrastructure and managed services; logistics; public health preparedness; strategic management consulting; systems engineering; and wireless integration.
fortune(R) magazine has chosen SRA as one of the "100 Best Companies to Work For" for ten consecutive years. The company and its subsidiaries employ more than 6,900 employees serving clients from headquarters in Fairfax, Va., and offices around the world. For additional information on SRA, please visit http://www.sra.com/.
Any statements in this press release about future expectations, plans, and prospects for SRA, including statements about the estimated value of the contract and work to be performed, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of April 17, 2009. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to April 17, 2009.
SRA International, Inc.
CONTACT: Sheila Blackwell, +1-703-227-8345, sheila_blackwell@sra.com, or Kelly Batalle, +1-703-284-5083, kelly_batalle@sra.com, both of SRA International, Inc.
Web Site: http://www.sra.com/
Kogakuin University in Japan Manages Next-Gen Infrastructure with Public Cloud Services from IBM
TOKYO, April 17 /PRNewswire-FirstCall/ -- IBM today announced that Kogakuin University, a school in Tokyo, has signed an eight-year agreement to transform its back-office infrastructure through cloud computing services or "shared hosting" from IBM Global Technology Services.
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Universities, like retailers, accountants and other commercial organizations, experience spikes in information technology (IT) consumption during specific annual occurrences, like graduation and enrollment periods. Kogakuin University will leverage cloud computing to create a dynamic infrastructure that acts more like the Internet, able to access vast pools of technology resources during periods of high volume.
The new system will utilize IBM's Shared Hosting Services for IBM System z mainframes or "zSHS" and will be hosted out of IBM's data center in Makuhari, Chiba, Japan. The zSHS model will provide flexible IT assets and resources according to system demands and needs, and will support the university's accounting, administration and academic data management operations for critical tasks. The shared, virtual infrastructure on System z gives the university enterprise-class qualities of service, at an optimal cost. IBM will also manage the universities data from its data center in Makuhari, which has a sophisticated seismic isolated structure and fully redundant electrical system for increased resiliency and security.
System z has a long history of providing shared workloads in a single server with rapid automation of server provisioning and de-provisioning, making it an ideal candidate to deliver virtual assets to a multitude of tenants.
Marking its 125th anniversary, Kogakuin University currently has 6,500 students and advocates adopting technology as a core strategy. IBM Japan will support the realization of the university's vision by aggressively developing an advanced information technology infrastructure.
The agreement was signed in the first quarter of 2009, and IBM Japan will begin providing the service from a cloud computing environment in September 2009.
About IBM
For more information, visit http://www.ibm.com/services.
Media Contacts:
Masako Shimooka
IBM Japan Communications
03-5563-4284
masakos@jp.ibm.com
Jenna Gable
IBM Media Relations
917-472-3512
gablej@us.ibm.com
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IBM
CONTACT: Media, Masako Shimooka of IBM Japan Communications, +03-5563-4284, masakos@jp.ibm.com; or Jenna Gable, IBM Media Relations, +1-917-472-3512, gablej@us.ibm.com
Web Site: http://www.ibm.com/services
Verizon Wireless Expands 3G Wireless Network in Tyngsboro, MassachusettsInvestment in Middlesex County, Massachusetts to Stay Ahead of Rising Demand for 3G Multimedia and Internet Access
TYNGSBORO, Mass., April 17 /PRNewswire/ -- Verizon Wireless has expanded its network with a new cell site in Tyngsboro, Massachusetts. The new cell site provides increased 3G high-speed wireless broadband coverage along Route 3, Route 113, Route 4 and Route 3a in Tyngsboro and Dunstable, as well as the surrounding areas.
Verizon Wireless, originally the first wireless provider to offer 3G speeds, today has the largest and most reliable 3G network coverage area in the United States, giving customers with notebook computers or smartphones the ability to:
-- Browse the web faster with quicker page loading times
-- Quickly download and play music
-- Watch streaming video
-- Send emails with attachments
-- Download and play 3D games
-- Video conference with your contacts
-- Rapidly share files
"Verizon Wireless' 3G network coverage across New England is unparalleled," said director for Network System Performance for Verizon Wireless, Richard Enright. "We've invested billions of dollars into New England believing that even the most sophisticated cell phone is only as good as the network it runs on. Our continued aggressive network investments provide customers with a 3G network advantage at home and on vacation."
The company has invested more than $50 billion since its inception to increase the wireless voice and data coverage of its national network and to add new 3G services like Mobile Broadband and V CAST. Regionally the company has invested more than $2.4 billion into its New England network over the past nine years, including $240 million in 2008 alone. As the carrier with America's largest and most reliable wireless network, Verizon Wireless cell sites in New England provide 3G wireless data connectivity.
Mobile Broadband Internet Access
Verizon Wireless' 3G high-speed wireless broadband network keeps customers connected. With Mobile Broadband from Verizon Wireless, notebook computer users can access email, download files and browse the Internet at broadband speed (average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps). A one megabyte email attachment -- the equivalent of a small PowerPoint(R) presentation or a large PDF file -- can be downloaded in about eight seconds and uploaded in less than 13 seconds.
V CAST: Video and Music
Powered by the company's 3G high-speed network, V CAST multimedia services offer customers the ability to download full song tracks, play cutting-edge 3D games and stream video clips straight to their phones. With content updated daily, customers can watch dozens of on-demand videos, including breaking news, weather, sports highlights and the hottest entertainment clips.
V Cast Music with Rhapsody
The company's wireless broadband network also powers its V CAST Music with Rhapsody service, which combines Verizon Wireless' world-class, over-the-air mobile music service with Rhapsody's leading desktop solution. V CAST with Rhapsody delivers unlimited access to music on up to three Rhapsody-compatible mobile phones and players, and online on multiple PCs and Web browsers. With V CAST Music with Rhapsody, customers who purchase music over-the-air can download the master copy of the songs or albums to their PCs free of digital rights management (DRM) software that restricts how and where music can be played.
Most Reliable Wireless Network
The company's 'America's most reliable wireless network' reputation is based on network studies performed by real-life test men and test women throughout the country. By traversing more than one million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets in high-population areas -- the equivalent of two roundtrips to the moon or 40 trips around the world -- the test men and women confirm that voice calls and data connections are successful on the first attempt and stay connected. Vehicles are equipped with computers that automatically make more than three million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 80 million customers. Headquartered in Basking Ridge, N.J., with more than 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, visit http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Michael Murphy of Verizon Wireless, +1-781-932-1213, michael.murphy(at)verizonwireless.com; or Diane Fortier for Verizon Wireless, +1-978-499-9250, ext. 225, diane(at)matternow.com
Web Site: http://www.verizonwireless.com/
Emtec, Inc. Announces Second Quarter ResultsSix-Month EBITDA $2.675 Million
MARLTON, N.J., April 17 /PRNewswire-FirstCall/ -- Emtec, Inc. (OTC Bulletin Board: ETEC) ("Emtec" or the "Company") announced today that for the quarter ended February 28, 2009, earnings before interest, taxes, depreciation and amortization expenses ("EBITDA") was $215,568 compared to an EBITDA loss of $39,028 million for the quarter ended February 28, 2008. For the six months ended February 28, 2009, EBITDA was $2.675 million compared to $2.761 million for the six months ended February 28, 2008. EBITDA represents a non-GAAP (Generally Accepted Accounting Principles) financial measure. A table reconciling this measure to net income (loss), the appropriate GAAP measure is included in this release.
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For the quarter ended February 28, 2009, there was a slight improvement in net loss as the consolidated net loss was $385,017, a decrease of $6,361 over the net loss of $391,378 for the comparable quarter in the prior year. The six month figures remained positive with net income of $620,925, a decrease of $233,899 over the $854,824 of net income for the comparable six months of the prior year. Earnings per share for the six months ended February 28, 2009 was $0.04 per share, a decrease of $0.02 per share from the $0.06 per share for the comparable six months in the prior year.
Our Global Services Division's revenues were $8.83 million for the three months ended February 28, 2009. Global Services Division consists of revenues from our recently acquired subsidiaries Luceo, eBAS, Aveeva and KOAN-IT. Our Global Services Division's operating income for the three months ended February 28, 2009 was $242,552. Systems Division's total revenues decreased $10.93 million, or 24.8%, to $33.13 million for the three months ended February 28, 2009, compared to $44.07 million for the three months ended February 28, 2008. Operating loss for our Systems Division for the three months ended February 28, 2009 increased by 71.5%, or $247,943, to $594,482, compared to $346,539 for the three months ended February 28, 2008. The decreases in revenues and operating income experienced in the Systems Division are primarily attributed to the current economic downturn and the deferral of some larger computer roll-out projects to future quarters.
"In spite of the challenges in the present economic environment, we continue to have successes in a number of areas," said Dinesh Desai, Chairman and Chief Executive Officer of Emtec. "Our increased utilization of engineering associates in our Systems Division resulted in an increase in gross profit margin to 13.5% for the quarter compared to 11.3% for the comparable quarter a year ago. Additionally the positive contribution to earnings provided by Emtec Global Services continues to give us confidence that our acquisition strategy is on target."
About Emtec:
Emtec, Inc. established in 1964, is a systems integrator, providing services and products to the federal, state, local, education and commercial markets. Emtec operates two business segments: Emtec Systems Division and Emtec Global Services. Emtec's Systems Division provides IT transformation & optimization consulting, business service management, enterprise architecture, data management and integration services. Emtec Global Services expertise includes software development, software consulting, business analysis, quality assurance, and testing. For more information visit http://www.emtecinc.com/.
Forward-looking Statement:
Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission which are available for review at http://www.sec.gov/ under "Search for Company Filings." We undertake no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, or changes to future results over time.
EMTEC, INC.
SUMMARY FINANCIAL INFORMATION
Three Months Ended Six Months Ended
------------------ ----------------
February 28, February 29, February 28, February 29,
2009 2008 2009 2008
------------ ------------ ------------ ------------
Revenues $41,961,290 $44,068,502 $111,980,400 $118,708,688
Gross profit 6,126,400 4,971,243 14,920,386 13,616,220
Percent of
revenues 14.6% 11.3% 13.3% 11.5%
Operating income
(loss) (351,930) (346,539) 1,577,786 2,153,167
Percent of
revenues -0.8% -0.8% 1.4% 1.8%
Net income
(loss) $(385,017) $(391,378) $620,925 $854,824
========= ========= ======== ========
Net income
(loss) per
common share -
Basic and
Diluted $(0.03) $(0.03) $0.04 $0.06
------ ------ ----- -----
EBITDA (Earnings Before Interest, Taxes, Depreciation
and Amortization Expense)
Three Months Ended Six Months Ended
------------------ ----------------
February 28, February 29, February 28, February 29,
2009 2008 2009 2008
------------ ------------ ------------ ------------
Net income
(loss) $(385,017) $(391,378) $620,925 $854,824
EBITDA Adjustments:
Provision for
income taxes (230,801) (221,993) 439,645 712,281
Interest expense 269,930 315,720 523,993 652,743
Interest income
- other (6,290) (48,888) (11,188) (66,663)
Depreciation and
amortization 567,746 307,511 1,101,645 608,014
------- ------- --------- -------
EBITDA $215,568 $(39,028) $2,675,020 $2,761,199
------ ======== ======== ========== ==========
Photo: http://www.newscom.com/cgi-bin/prnh/20080414/EMTECLOGO
Emtec, Inc.
CONTACT: John P. Howlett, Vice Chairman Emeritus, Emtec, Inc., +1-908-338-0043, johnhowlett@emtecinc.com
Web Site: http://www.emtecinc.com/
SoftBrands Partners with Intelligenz to Provide Spa and Activities Solution
MINNEAPOLIS, April 17 /PRNewswire-FirstCall/ -- SoftBrands, Inc. (NYSE Amex: SBN), a global supplier of enterprise application software, today announced a strategic business partnership with Intelligenz Solutions, a leading provider of spa, activities and wellness solutions to the hospitality industry. SoftBrands will sell the Intellispa business solution worldwide as part of its Emerald product line.
Encompassing spa, fitness, and activities management software, Intellispa is a leader in providing a single guest itinerary solution through its certification with Hotel Technology Next Generation (HTNG) standards. Intelligenz' flagship product, Intellispa V3, is certified to the HTNG Property Web Services 2007, a single guest itinerary specification. Intellispa allows guests to book any activity within a resort, either online or onsite and every booking is seamlessly integrated with other booked activities. From a hotelier's perspective, the increase in relevant guest information shared within the application improves service, visibility of spending, yield management and brings incremental revenue to increase profitability.
"We are committed to increase value to our customers by offering solutions that lead the market in return on investment, have flexible deployment options and bring online capabilities that exceed the competition. Intellispa shares the .Net architecture we provide, has a stellar international customer base and is committed to be the leading provider in its marketplace," said Jo Masters, senior vice president and general manager, SoftBrands Hospitality.
"The partnership is expected to grow SoftBrands and Intelligenz customer bases through the close integration of the product sets, the already strong working relationship between the companies and a shared vision of excellence in everything we do," said Anne McKaskill, chief executive officer of Intelligenz Solutions.
"With a diverse customer base SoftBrands needed a flexible, multi-property, multilingual and multi-currency solution that would embrace the diverse needs of our customers worldwide. Intelligenz' One Product-Many Solutions approach means that the very diverse requirements across SoftBrands current and future customer base can be satisfied with the company's modular and scalable solutions," said Masters.
"Our goal is to provide end-to-end solutions to the wellness and hospitality sectors through strong partnerships, and increase the business health of customers, who are very often focused on the health and well being of their own clients and guests. We also seek to increase brand loyalty by enabling increased interaction between the guest and their chosen hotel to make it into an enduring, value-based relationship," said McKaskill.
About SoftBrands Hospitality
SoftBrands Hospitality (http://www.softbrands.com/hospitality) provides central reservation, property management and business intelligence software that can be centrally managed to support many properties within a hotel chain, as well as easy-to-use solutions that can be installed on-site at an independent hotel. SoftBrands is committed to the hospitality industry, and is an active member of OTA, HTNG, HSMAI, HFTP, HEDNA, AH&LA and PHMA.
About SoftBrands
SoftBrands, Inc. is a leader in providing software solutions for the businesses in the manufacturing and hospitality industries worldwide. The company has established a global infrastructure for distribution, development and support of enterprise software, and has approximately 5,000 customers in more than 100 countries actively using its manufacturing and hospitality products. SoftBrands, which has approximately 775 employees, is headquartered in Minneapolis with branch offices in Europe, India, Asia, Australia and Africa. Additional information can be found at http://softbrands.com/.
About Intelligenz Solutions:
Intelligenz Solutions http://www.intelligenzsolutions.com/ is the provider of leading edge business and consumer software solutions for the Wellness, Leisure, and Hospitality sectors. With clients throughout Asia Pacific, Oceania, Middle East and Africa, its bookings, scheduling and membership and business management brands, Intellifitness, Intellileisure, Intellispa and Intellirecreation are based on a single flexible "One Product, Many Solutions" architecture.
Contact Information:
David Purcell
Director, Global Sales Planning
SoftBrands Hospitality
1.949.598.6434
David.Purcell@SoftBrands.com
Bryce Hodgson
Global Alliances
Intelligenz Solutions
US +1.760.742.5158
AU +61 7 3102 5666
Bryce.Hodgson@intelligenzsolutions.com
SoftBrands, Inc.
CONTACT: David Purcell, Director, Global Sales Planning of SoftBrands Hospitality, +1-949-598-6434, David.Purcell@SoftBrands.com; or Bryce Hodgson, Global Alliances of Intelligenz Solutions, US, +1-760-742-5158, AU, +61 7 3102 5666, Bryce.Hodgson@intelligenzsolutions.com
Web Site: http://www.softbrands.com/ http://www.intelligenzsolutions.com/
Verizon's Green Initiatives Drive Efficiency, Reduce Carbon Footprint; the Equivalent of Taking More Than 55,500 Cars off the RoadThe Nation's Largest Fuel Cell Site, Green Purchasing Practices, PC- and Fleet-Efficiency Initiatives Help Reduce Greenhouse Gas Emissions by 303,000 Metric Tons
NEW YORK, April 17 /PRNewswire/ -- Verizon's conservation efforts in 2008 alone reduced greenhouse gas emissions by more than 303,000 metric tons, the equivalent of taking more than 55,500 cars off the road.
Overall, Verizon's "carbon intensity" is approximately nine times below the U.S. average, as reported by the U.S. Energy Information Administration. Verizon's rate of 64 metric tons of CO2 emissions per million dollars in revenue represents a year-over-year improvement of 3 percent. The company remains committed to finding practical and innovative ways to increase energy efficiency and bolster conservation efforts.
In 2008, Verizon launched a pilot project that reduced the energy used by computers and monitors by installing software to remotely shut off computers not in use. Once this initiative is extended throughout the company, the projected energy savings are expected to be equivalent to the annual energy needs of 88,000 homes.
Verizon also operates the largest fuel cell site of its kind in the nation. The company's Energy Star Award-winning facility in Garden City, N.Y., uses seven fuel cells capable of generating enough electrical power per hour to meet the energy needs of 400 single-family homes. In 2008, Verizon also:
-- Became the first telecommunications company to require that the
network equipment it purchases be 20 percent more energy efficient.
-- Launched an initiative to limit engine idling, which cut fuel
consumption by more than 1 million gallons (equivalent to taking some
1,600 cars off the road for a year.
-- Electronically delivered approximately 100 million bills to customers.
-- Collected more than 1.1 million cell phones, an increase of 6 percent
from 2007, through HopeLine(R), a Verizon Wireless program that
collects, refurbishes and sells used phones to benefit domestic
violence prevention programs.
-- Recycled 35.1 million pounds of telecommunications equipment. (That's
equivalent to the weight of more than 11,500 Toyota Prius sedans.)
-- Focused on purchasing goods containing recycled material. As a result,
60 percent of all goods purchased by the company contained recycled
material.
"Every day our advanced wireline and wireless networks help our customers, large and small, connect to what's important for them in greener, more efficient ways," said Joan Simpson, vice president of green and environmental strategies for Verizon. "That same spirit of innovation and commitment to efficiency serves us well as we look for ways to reduce the environmental impact of our own operations."
Verizon will continue delivering on its principal environmental objectives of reducing greenhouse gas emissions, increasing recycling rates, deploying new energy-saving technologies in its operations, and making consumers and policymakers aware that broadband technology can significantly reduce energy consumption and conserve resources.
Some examples of how Verizon has begun and will continue to deliver on that commitment in 2009 are:
-- Verizon Wireless signed two marketing agreements that facilitate the
deployment of smart power grid projects.
-- Verizon Business will continue upgrading its fiber-optic network with
equipment that is four times more efficient and also reduces cooling
costs. This could be equivalent to keeping as many as 16,000 cars off
the road annually.
-- Verizon is continuing to work on new data center designs that reduce
energy consumption and associated costs.
-- Verizon is continuing to install energy-efficient "thin-client"
computers reducing the associated energy usage by 30 percent.
For more information on the company's environmental initiatives, visit http://newscenter.verizon.com/kit/green-press-kit/.
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: Alberto Canal, +1-908-559-6367, alberto.c.canal@verizon.com, or Brian Malina, +1-908-559-6434, brian.c.malina@verizon.com, both of Verizon
Web Site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Verizon Wireless Brings Latin American Futbol Icons to Fourth Annual National Youth Soccer Clinics18 U.S. Cities and Over 6,500 Youths Will Be Treated to Soccer Greats That Include "El Matador" and "El Pibe"
BASKING RIDGE, N.J., April 17 /PRNewswire/ -- Verizon Wireless and some of Latin America's greatest soccer legends are teaming up during Verizon Wireless' fourth annual youth soccer clinics in 18 U.S. cities throughout spring and summer. Among the legends are former Mexican national team striker Luis "El Matador" Hernandez and former Colombian national team captain Carlos "El Pibe" Valderrama. Phoenix will kick-off this year's schedule on April 26 with an appearance by "El Matador," followed by a number of former national team players appearing in each clinic city to meet and sign autographs for youngsters.
Registration is free and open to youths five to 17 years old and will take place at local Verizon Wireless Communications Stores in each participating city. For registration locations, dates, times and full clinic details please visit http://www.alianzadefutbol.com/.
"It's always great to be out in the community and see the soccer stars of tomorrow," said Ecuadorean soccer great Alex Aguinaga, who will make appearances in New York and Philadelphia. "I am very happy to join Verizon Wireless at these worthwhile clinics and to offer advice to the soccer stars of the future."
Other soccer superstars expected to participate include: ex-Mexican national team midfielder Ramon Ramirez; four-time Mexican league champion and three-time Mexican national team member Alberto Garcia Aspe; one of Ecuador's greatest footballers of all time Alex Aguinaga; Mexican Olympian Manuel Sol; six-time Argentine league champion Guillermo Barros Schelotto; and Mexican national team ex-goalkeeper Martin "El Pulpo" Zuniga.
Leading the clinics will be legendary soccer clinic director "Soccer Tom" Mulroy, member of the first U.S. Youth National Team and official spokesperson for World Cup USA '94. The three-hour clinics will include ball gymnastics, warm ups, ball control, overall soccer skills, and small sided games. Each participating youth will receive a soccer uniform, sports sack and water bottle.
Clinic cities, dates and guest soccer players are as follows:
Market Clinic Date* Guest Soccer Player*
PHOENIX April 26 Luis "El Matador" Hernandez
HOUSTON May 9 Ramon Ramirez
DALLAS May 24 Alberto Garcia Aspe
MIAMI May 31 Carlos "El Pibe" Valderrama
ATLANTA June 7 Carlos "El Pibe" Valderrama
WASHINGTON, D.C. June 14 Carlos "El Pibe" Valderrama
NEW YORK June 21 Alex Aguinaga
NEWBURGH, N.Y. June 27 Alex Aguinaga
PHILADELPHIA June 28 Alex Aguinaga
BOSTON July 5 Ricardo Pelaez
CHICAGO July 12 Ramon Ramirez
GRAND RAPIDS, Mich. July 19 TBD
MINNEAPOLIS July 26 Manolo Sol
DENVER August 2 Guillermo Barros Schelotto
KANSAS CITY, Mo. August 9 Alex Aguinaga
YAKIMA, Wash. August 16 Martin "El Pulpo" Zuniga
LOS ANGELES August 23 Luis "El Matador" Hernandez
SAN FRANCISCO September 6 TBD
*Subject to change without notice
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: Brenda Boyd Raney of Verizon Wireless, +1-908-559-7518, Brenda.Raney@verizonwireless.com; or Mario Flores of Sportivo for Verizon Wireless, +1-310-473-4422, Mario.Flores@sportivo.us
Web Site: http://www.verizonwireless.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Light Reading's Top StoriesApril 17, 2009 EditionA look at Light Reading's collection of can't-miss stories from the past seven days
NEW YORK, April 17 /PRNewswire/ -- Following are our editor's picks for the top stories on TechWeb's Light Reading (http://www.lightreading.com/) for the work week ending Friday, April 17, 2009.
1) News Analysis: DT Likes Cisco's ASR 9000
Cisco Systems Inc. has found a second big-name customer for its ASR 9000 router: Deutsche Telekom AG.
http://www.lightreading.com/document.asp?doc_id=175283
2) NEW REPORT! Telecom Market Spotlight: Europe
There's something for everyone as we look at:
* Europe's largest markets
* Europe's fastest growing markets
* Recent fiber & IPTV developments
* More than 1200 types of cheese
http://www.lightreading.com/document.asp?doc_id=174941&
3) News Analysis: eBay Pledges Skype IPO
Sales of Knight Rider lunch boxes not enough to support budding VoIP giant.
http://www.lightreading.com/document.asp?doc_id=175289&
4) News Analysis: Force10's Feldman Sails to SeaMicro
Two words: Private company.
http://www.lightreading.com/document.asp?doc_id=175096
5) Interview: Comcast CTO Tony Werner
Comcast's CTO says his company will be lab testing upstream bonding equipment this year.
http://www.lightreading.com/video.asp?doc_id=175203
6) News Analysis: Cavium Sprouts More Cores
32 cores should be enough for anyone, wouldn't ya think?
http://www.lightreading.com/document.asp?doc_id=175273&
7) Opinion: Burning Down the House
Michael Harris tackles TWC's Internet metering madness.
http://www.lightreading.com/document.asp?doc_id=175227&site=cdn&
But as this edition was closing, TWC had a change of heart:
News Analysis: TWC Mothballs New Metering Trials
http://www.lightreading.com/document.asp?doc_id=175401&site=cdn&
To subscribe to the Light Reading Weekly via email, visit:
http://www.lightreading.com/register.asp
Contact:
Amy Averbook
Director of Corporate Marketing
Light Reading
averbook@lightreading.com
212-925-0020 x112
About Light Reading
Founded in 2000, Light Reading ( http://www.lightreading.com/ ) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About TechWeb
TechWeb (techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, Wall Street & Technology magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
* 13.3 million business decision-makers: based on # of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/
Light Reading
CONTACT: Amy Averbook, Director of Corporate Marketing of Light Reading, +1-212-925-0020 x112, averbook@lightreading.com
Web Site: http://www.lightreading.com/
EMC Introduces New Midsize Director, Storage Network Security and Management CapabilitiesNew Brocade-based EMC Connectrix Backbone Director; Fabric-based encryption with RSA Key Manager, and EMC Connectrix Manager Data Center Edition Deliver Advanced SAN Capabilities
HOPKINTON, Mass., April 17 /PRNewswire/ -- EMC Corporation , the world leader in information infrastructure solutions, today introduced the newest addition to its EMC(R) Connectrix(R) family of switches and directors as well as new storage networking security and management capabilities.
The EMC Connectrix ED-DCX-4S-B, a new midsize backbone director, based on OEM technology from Brocade, is a multipurpose core and edge network switching platform designed to help facilitate server, storage area network (SAN), and data center consolidation while helping to reduce IT infrastructure and administrative costs. The director scales to 192 ports at up to full 8 Gbit/sec speed through its four modular blade slots and leverages the same architecture and delivers the same high levels of performance, scalability, and energy efficiency as its larger predecessor, the Connectrix DCX director.
The Connectrix DCX-4S provides a highly robust platform in a smaller form factor for enterprise data centers supporting both open systems and System z environments. It can be deployed as a lower-cost backbone for midsize enterprise network environments that do not require the throughput and port density of larger models. For larger networks, it can be deployed at the network edge to provide complete backbone-class capabilities throughout the data center fabric. The DCX-4S is also compatible with other FOS-based Connectrix products, providing investment protection and seamless integration into existing environments.
The Connectrix DCX-4S also provides a full suite of Adaptive Networking features that help optimize fabric performance while maximizing service levels for critical applications. It leverages a future-built multi-protocol architecture for consolidating server connectivity as low-latency, lossless technology options such as Fibre Channel over Ethernet (FCoE) and Converged Enhanced Ethernet (CEE) emerge.
"The new Connectrix DCX-4S backbone is ideal for customers who require a cost-effective enterprise-class backbone director for physical or virtual data center initiatives," said Barbara Robidoux, EMC Vice President, Storage Product Marketing. "The EMC Connectrix family continues to be expanded and provides customers with a wide range of storage networking capabilities, proven interoperability, centralized management and the industry's best customer service."
Fabric-based Encryption Platforms
The Connectrix DCX family now features critical security and encryption capabilities from RSA(R), the Security Division of EMC, which can help customers meet regulatory compliance requirements. These features will initially help customers encrypt data-at-rest on disk and will support tape and other types of storage media in the future. For sensitive corporate data residing on data center SANs, organizations can leverage the existing intelligence layer in the storage fabric to implement and manage data-at-rest security solutions. This approach enables centralized management to support nearly every aspect of the data center, from server environments and workstations to edge computing and backup environments.
The new encryption technologies come in two form factors: a 32-port standalone encryption switch and a 16-port encryption blade for the Connectrix DCX family of backbone directors. Both options provide up to 96 Gbit/sec of encryption processing power and scale quickly to meet rising customer data security demands. Both products can be implemented in existing fabrics without disruption and can be applied to specified data flows, preserving investments in heterogeneous storage networks.
The Brocade-based Connectrix (B-Series) encryption platform architecture also integrates with EMC's RSA Key Manager (RKM) for the Datacenter, an enterprise key management system designed to lower ongoing operational costs associated with encryption. With built-in high availability features and powerful management interfaces, RKM is a critical component in any distributed encryption infrastructure. RKM provides a centralized key vault for the long-term storage of Connectrix encryption keys and simplifies management tasks to help organizations meet audit requirements. Built on a robust, fault-tolerant architecture, RKM ensures that keys are always available when needed, which is especially critical for fabric-based encryption. In addition, RKM has industry-leading interoperability allowing customers to leverage their key manager servers to handle encryption keys from a variety of sources all across the infrastructure, including host-based encryption keys for EMC PowerPath(R) path management software.
"Fabric-based encryption can help reduce the complexity of data-at-rest encryption," said Katie Curtin-Mestre, director, Product Marketing, Data Security Products, RSA, The Security Division of EMC. "Encrypting data in the network fabric allows customers to provide heterogeneous vendor support, secure data on media that lack native encryption capabilities, and provide performance that inline encryption appliances cannot match. It allows for a single, common method of encrypting of all types of data."
EMC Connectrix Manager Data Center Edition
The newest version of Connectrix Manager Data Center Edition is a sophisticated SAN management software tool for managing, monitoring, configuring and reporting of Connectrix switches and directors. This latest version is a key component of Brocade's Data Center Fabric (DCF) architecture vision and incorporates the best features of existing Brocade management products. Unique in its ability to provide unified, end-to-end management of data center fabrics, it can configure and manage the comprehensive portfolio of Connectrix storage networking products. Designed for enhanced scalability, Connectrix Manager Data Center Edition can monitor up to 24 multi-protocol fabrics at a time, supporting up to 9,000 fabric ports and 20,000 devices ports. It is also able to perform real-time and historical performance monitoring to enable proactive problem diagnosis, maximize resource utilization, facilitate capacity planning, and centrally manage encryption services.
Availability
The Connectrix DCX-4S midsize director and Connectrix Manager Data Center Edition are all generally available from EMC. The Connectrix encryption platforms will be available later in Q2 2009.
About RSA
RSA, The Security Division of EMC, is the premier provider of security solutions for business acceleration, helping the world's leading organizations succeed by solving their most complex and sensitive security challenges. RSA's information-centric approach to security guards the integrity and confidentiality of information throughout its lifecycle - no matter where it moves, who accesses it or how it is used.
RSA offers industry-leading solutions in identity assurance & access control, data loss prevention & encryption, compliance & security information management and fraud protection. These solutions bring trust to millions of user identities, the transactions that they perform, and the data that is generated. For more information, please visit http://www.rsa.com/ and http://www.emc.com/.
About EMC
EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.emc.com/.
EMC, Connectrix, PowerPath and RSA are either registered trademarks or trademarks of EMC Corporation in the United States and other countries. All other trademarks used are the property of their respective owners.
Forward-Looking Statements
This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; (xiv) the impact of any expense reduction initiatives; and (xv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.
EMC Corporation
CONTACT: Rick Lacroix of EMC Corporation, +1-508-293-7261, Lacroix_rick@emc.com
Web Site: http://www.emc.com/
Dot Hill Announces First Quarter 2009 Conference Call Information
CARLSBAD, Calif., April 17 /PRNewswire-FirstCall/ -- Dot Hill Systems Corp. today announced it is scheduled to release first quarter 2009 financial results after the close of the market on May 7, 2009.
Dot Hill's first quarter 2009 financial results conference call is scheduled to take place on May 7, 2009 at 4:30 p.m. ET. Please join us for a live audio webcast at http://www.dothill.com/ in the Investor Relations section. If you prefer to join via telephone, please dial 888-690-2879 (U.S.) or 913-312-6679 (International) at least five minutes prior to the start of the call. A replay of the webcast is scheduled to be available on the Dot Hill web site following the conference call. For a telephone replay, dial 888-203-1112 (U.S.) or 719-457-0820 (International) and enter passcode 8421688.
Delivering innovative technology and global support, Dot Hill empowers the OEM community to bring unique storage solutions to market, quickly, easily and cost-effectively. Offering high performance and industry-leading uptime, Dot Hill's RAID technology is the foundation for best-in-class storage solutions offering enterprise-class security, availability and data protection. The company's products are in use today by the world's leading service and equipment providers, common carriers, advanced technology and telecommunications companies as well as government agencies. Dot Hill solutions are certified to meet rigorous industry standards and military specifications, as well as RoHS and WEEE international environmental standards. Headquartered in Carlsbad, Calif., Dot Hill has offices and/or representatives in China, Germany, Japan, United Kingdom and the United States. For more information, visit us at http://www.dothill.com/.
HILL-F
Dot Hill Systems Corp.
CONTACT: Hanif Jamal, Chief Financial Officer of Dot Hill Systems Corp., +1-760-931-5500, investors@dothill.com
Web Site: http://www.dothill.com/
ATK Hires Retired Major General James Armor to Serve as Vice President of Strategy and Business DevelopmentGeneral Armor's 35-year Career in the U.S. Air Force Provides Complementary Background to ATK's Capabilities in Spacecraft Systems
MINNEAPOLIS, April 17 /PRNewswire-FirstCall/ -- Alliant Techsystems announced today that James B. Armor Jr., Ret. Major General U.S. Air Force, former Director of National Security Space Office, has been named Vice President of Strategy and Business Development for Spacecraft Systems and Engineering Services for ATK Space Systems. Armor will be responsible for all strategic direction, competitive intelligence, business development and proposals within Spacecraft Systems and Services.
"We are extremely pleased to have Jim join the ATK Space Systems team," said Tom Wilson, vice president, ATK Space System's Spacecraft Systems and Services business. "His unmatched experience in aerospace and knowledge of the Department of Defense and intelligence space community will greatly enhance ATK as we continue to provide innovative satellite solutions."
General Armor retired in 2008 following a distinguished 35-year career in the Air Force. His last position was serving as Director of the National Security Space Office, Office of the Under Secretary of the Air Force, where he was responsible for integrating and coordinating defense and intelligence space activities to achieve unity of effort and advised the Office of the Secretary of Defense and the Office of the Director, National Intelligence, on matters affecting national security space capabilities.
Other top positions General Armor held included; Director of Signals Intelligence Systems Acquisition and Operations Directorate, National Reconnaissance Office; Vice Commander, Warner Robins Air Logistics Center; System Program Director, and Program Director of the NAVSTAR Global Positioning System Joint Program Office, Space and Missile Systems Center.
He was commissioned in 1973 through the ROTC program at Lehigh University in Bethlehem, Pa., where he received degrees in psychology and electrical engineering. He later earned a Masters in electrical engineering from the Air Force Institute of Technology.
Since retiring from the Air Force, General Armor established an aerospace consulting firm and has been actively working space issues with industry, professional and government leadership, including participation on National Academies committees examining the future of U.S. military and civil space programs.
ATK is a premier aerospace and defense company with more than 19,000 employees in 22 states, Puerto Rico and internationally, and revenues in excess of $4.5 billion. News and information can be found on the Internet at http://www.atk.com/.
Media Contact: Investor Contact:
George Torres Jeff Huebschen
Phone: 801-699-2637 Phone: 952-351-2929
E-mail: george.torres@atk.com E-mail: jeff.huebschen@atk.com
ATK
CONTACT: Media, George Torres, +1-801-699-2637, george.torres@atk.com, or Investor, Jeff Huebschen, +1-952-351-2929, jeff.huebschen@atk.com, both of ATK
Web Site: http://www.atk.com/
News Archives of April 2009
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