Companies news of 2009-05-19 (page 1)
Spirent Communication's Holistic Testing Approach Prepares Enterprises for Dynamic,...
MedClean Technologies, Inc. Announces Private Offer to Exchange Warrants
TechWeb Announces Cloud Connect 2010Multiple Industry Segments Come Together to Drive...
ICE Announces New CDS Clearing Member and CDX Product AdditionsTotal Cleared Volume...
Ask.com Receives a 2009 'Webware 100' Award in Search & Reference Category
Once Again, Survey Says Verizon Wireless Customers Are The Most SatisfiedFor Sixth...
Epson Unveils Four New and Affordable All-In-Ones Designed to Give You More for Your Money...
Alcatel-Lucent Named One of Top 10 Companies for Commitment to Veteran-Owned Suppliers
CA to Present at Investor Conference
AT&T to Expand Its Mini Laptop Lineup and Offer Nationwide AvailabilityLightweight, 3G...
St. Luke's Hospital Selects Micromedex Information Solutions from Thomson Reuters for...
Everything Channel Unveils the Keynote Speakers for the 2009 VAR500 Executive Conference &...
eBay Voices Strong Support for 'The Discount Pricing Consumer Protection Act, S.148' at...
Photonic Products Group, Inc. Reports First Quarter 2009 Results
TechWeb's Enterprise 2.0 Conference Unveils 2009 Program, Announces New Open Innovation...
Ambrosia Software Chooses NeuStar's Webmetrics Service to Enhance Customer Experience
Lockheed Martin Selected to Manage Multi-Channel Contact Center for HUD's Federal Housing...
PHH Arval Wins ELFA 2009 Excellence Award
Merrimac Reports First Quarter 2009 Results Marking a Turnaround Performance
Spirent OnDEMAND Data Center Testing Offers a Unified Suite of Services to Ensure...
Saft - Tadiran : Exclusive Multi-Year Contract for Lithium Batteries to Power Advanced...
Verizon Business Receives Juniper Networks 2008 Top J-Partner of the Year AwardCompany...
Eutelsat W2A Satellite in C and Ku-band Goes Live and Captures New Business at 10 Degrees...
Saft - Tadiran : contrat pluri-annuel de fourniture de batteries lithium pour les...
Les ressources en bande KU et C du satellite W2A d'Eutelsat entrent en service a la...
LTE to Reach 100 Million Subscriptions Faster Than Any Previous Mobile Standard, Finds...
Acxiom Selects CA Infrastructure, Security, Mainframe and Application Performance...
LTE to Reach 100 Million Subscriptions Faster Than Any Previous Mobile Standard, Finds...
More 3G Wireless Coverage for Porter Ranch, California ResidentsNew Verizon Wireless cell...
Spirent Communication's Holistic Testing Approach Prepares Enterprises for Dynamic, Terabit-Capacity Data Centers
LAS VEGAS, May 19 /PRNewswire/ --
- Spirent Data Center Testing Solutions Deliver the Industry's Only
Unified Layer 2-7 Test Architecture for High Performance Virtualized,
Eco-Friendly Networks
Spirent Communications plc (LSE: SPT), a leader in networks, services and
devices testing, announces the industry's first holistic approach to
validating the performance of tomorrow's dynamic data centers. This approach
offers a unified Layer 2-7 test architecture specifically designed to test
the end-to-end performance of 10/40/100 Gigabit Ethernet fabrics, Fibre
Channel over Ethernet (FCoE) convergence, virtualized server networking,
cloud computing-based applications and security. Spirent was recently
recognized by Frost & Sullivan as the leader in enterprise network test and
measurement solutions for research and evaluation labs.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090220/SPIRENTLOGO )
Tomorrow's data centers are being designed around virtualized services
and converged networks. These designs set new standards for network
performance and scale, service availability, system security, application
Quality of Experience (QoE) and power efficiency, which are only validated by
a holistic test architecture. Trusted by the world's leading network
equipment manufactures, Spirent's data center test architecture includes:
- Spirent TestCenter(TM): An award winning modular layer 2-7 performance
test platform, Spirent TestCenter validates Quality of Service (QoS)
and QoE of converged data center networks including FCoE with Converged
Enhanced Ethernet (CEE) and Data Center Ethernet (DCE)
- Spirent TestCenter(TM) Virtual: A Best of Interop Finalist for 2009,
Spirent TestCenter Virtual extends the capabilities of Spirent
TestCenter to measure the true performance impact of virtualized
servers, switches and appliances in tomorrow's data center networks
- Spirent TestCenter Hypermetrics(TM): The award winning Spirent
TestCenter Hypermetrics(TM), expands Spirent TestCenter performance to
emulate the most realistic data center infrastructures with a
multi-core, multi-dimensional HSE (10/40/100GbE) module that enables
stateful, line-rate, layer 2-7 multi-play scalability at terabit
capacities
- Spirent TestCenter(TM) Avalanche: The market leading Spirent TestCenter
Avalanche is designed to validate network security, server load
balancing and WAN acceleration while loading the data center
application services including the Storage Sub System with NFS and CIFS
- Spirent TestCenter GreenPut(TM): An innovative approach, Spirent
TestCenter GreenPut benchmarks the energy efficiency of deployed or
soon-to-be deployed data center systems by measuring the throughput per
watt of network elements, and calculating the power consumed under
various traffic and session load
- Spirent TestCenter NoCode(TM): A fourth-generation visual programming
environment, Spirent TestCenter NoCode, enables every test engineer to
develop meaningful and repeatable test cases that more easily and more
quickly finds defects with fewer test runs
- Spirent TestCenter(TM) OnDEMAND: By leveraging a team of testing
experts working both on and off-site, Spirent TestCenter OnDEMAND
validates all aspects of a data center to detect and mitigate
performance, security, and scalability problems before the launch of
new or advanced infrastructure and applications
"Market conditions are accelerating innovations around data center
performance, scalability, security, and power efficiencies," said Bill Burns,
CEO at Spirent Communications. "Spirent's holistic, unified test architecture
enables today's innovators to achieve their vision of building and deploying
tomorrow's dynamic data centers."
Spirent's holistic data center testing architecture will be on display at
Interop 2009 at Spirent Booth #1051. The solutions will also be showcased at
the Spirent Proof of Concept (SPoC) Labs and Collaboration Centers in
Beijing, London and Sunnyvale. For more information visit www.spirent.com or
follow Spirent on Twitter at www.twitter.com/spirentcomm
About Spirent Communications plc
Spirent Communications (www.spirentcom.com) is a global provider of
integrated performance analysis and service assurance systems that enable the
development and deployment of next-generation networking technology such as
Internet telephony, broadband services, 3G wireless, global navigation
satellite systems, and network security equipment. Spirent Communications'
solutions are used by more than 1,700 customers in 30 countries, including
the world's largest equipment manufacturers, service providers, enterprises
and governments. Based in Sunnyvale, CA, Spirent Communications has 1,500
employees worldwide. For more information visit
http://www.spirent.com/news/about_spirent.cfm
Spirent Communications
Sailaja Tennati of Spirent Communications, +1-770-432-3225, sailaja.tennati@spirent.com; Logo: http://www.newscom.com/cgi-bin/prnh/20090220/SPIRENTLOGO
MedClean Technologies, Inc. Announces Private Offer to Exchange Warrants
BETHEL, Conn., May 19 /PRNewswire-FirstCall/ -- MedClean Technologies, Inc. (BULLETIN BOARD: MCLN) announced today that it has commenced a private offer to exchange all of the Company's existing Common Stock Purchase Warrants with Initial Exercise Dates between July 11, 2008 and August 29, 2008 ("Existing Warrants") for newly issued Common Stock Purchase Warrants, with a new lower exercise price, exercisable for a lesser number shares of our common stock, par value $0.0001 per share ("Common Stock"), and without a "cashless exercise" right (the "New Warrants"). The offer to exchange is being made upon the terms and subject to the conditions set forth in the confidential offering memorandum dated May 19, 2009 and related letter of transmittal.
The offer to exchange will expire at 5:00 p.m., Eastern Standard time, on June 16, 2009 unless extended by the Company (such time and date, as the same may be extended, the "Expiration Date").
The exercise price of the New Warrants will be determined as of the Expiration Date and will equal the greater of (1) the volume weighted average price (VWAP) of the Common Stock for the five consecutive trading days prior to and including the Expiration Date as reported on the over the counter bulletin board, multiplied by 2, and (2) $0.0075. For example, if the five day VWAP on the Expiration Date was $0.004, then the exercise price of the New Warrants would be $0.008 per share.
The number of shares of Common Stock represented by each New Warrant will equal one-half of the number of shares of Common Stock represented by the corresponding Existing Warrant for which it is exchanged, rounded up to the nearest whole share. For example, for an Existing Warrant for the purchase of 100,000 shares of Common Stock, the number of shares of Common Stock represented by the New Warrant would be 50,000 shares.
Other than the exercise price per share, number of shares of Common Stock represented by the Common Stock Purchase Warrant and the cashless exercise right, the terms of the Existing Warrants and the New Warrants will be identical, including the Initial Exercise Date and the Termination Date.
As of the date hereof there were 48 Existing Warrants outstanding representing rights to purchase a total of 354,838,221 shares of Common Stock.
Tenders may be withdrawn prior to 5:00 p.m., Eastern Standard time, on the Expiration Date unless extended by the Company.
The New Warrants will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), or any other applicable securities laws and, unless so registered, the New Warrants may not be offered, sold, pledged or otherwise transferred within the United States or to or for the account or benefit of any U.S. person, except pursuant to an exemption from the registration requirements of the Securities Act. The Company will use its best efforts following the completion of the Offer to Exchange to have shares of Common Stock represented by the New Warrants registered pursuant to registration statements filed under the Securities Act in the same proportion as shares of Common Stock represented by Existing Warrants are currently so registered.
The complete terms and conditions of the offer to exchange are set forth in the confidential offering memorandum and related letter of transmittal. The offers are not conditioned on a minimum number of Existing Warrants being tendered. However, the offers are subject to certain other conditions, as more fully described in the confidential offering memorandum.
Documents relating to the offer will only be distributed to current holders of Existing Warrants.
Holders who desire additional information regarding the offer to exchange or additional copies of the confidential offering memorandum or letter of transmittal should contact Hayden IR, the information agent for the offer, (651) 653-1854 or cameron@haydenir.com.
This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the New Warrants. The offer to exchange Existing Warrants of the Company is only being made pursuant to the offering memorandum and the related letter of transmittal that the Company is distributing to holders in connection with the offer. The offer is not being made to persons in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
About MedClean Technologies, Inc.
MedClean Technologies, Inc. is a provider of innovative technology and services for the onsite treatment and disposal of regulated medical waste. MedClean's flagship MedClean(R) Series systems are fully integrated, turnkey technology solutions that enable hospitals and other healthcare providers to safely, efficiently and cost-effectively convert bio-hazardous regulated medical waste into sterile, unrecognizable material suitable for disposal as municipal solid waste. MedClean was founded in 1997 with corporate headquarters, research and development and distribution facilities located in Bethel, Connecticut. Further information on MedClean can be found at http://www.medcleantechnologies.com/ and in filings with the Securities and Exchange Commission found at http://www.sec.gov/.
Statements about our future expectations are "forward-looking statements" within the meaning of applicable Federal Securities Laws, and are not guarantees of future performance. When used herein, the words "may," "will," "should," "anticipate," "believe," "appear," "intend," "plan," "expect," "estimate," "approximate," and similar expressions are intended to identify such forward-looking statements. These statements involve risks and uncertainties inherent in our business, including those set forth in our most recent Annual Report on Form 10-K for the year ended December 31, 2007, filed with the SEC on March 31, 2008, and other filings with the SEC, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.
Contacts:
MedClean Technologies, Inc. Investor Contact:
Kevin Dunphy Cameron Donahue
Chief Financial Officer Hayden IR
(203) 798-1080 (651) 653-1854
MedClean Technologies, Inc.
CONTACT: Kevin Dunphy, Chief Financial Officer of MedClean Technologies, Inc., +1-203-798-1080; or Cameron Donahue of Hayden IR, +1-651-653-1854, for MedClean Technologies, Inc.
Web Site: http://www.medcleantechnologies.com/
TechWeb Announces Cloud Connect 2010Multiple Industry Segments Come Together to Drive Growth and Innovation of Cloud Computing
SAN FRANCISCO, May 19 /PRNewswire/ -- TechWeb today announced Cloud Connect 2010, the premier technology event for defining the cloud computing landscape and helping businesses transition their IT portfolios into the cloud. Cloud Connect will take place March 15-18, 2010 at the Santa Clara Convention Center, Silicon Valley, CA. For more information visit http://cloudconnectevent.com/.
Cloud Connect is the only event which brings together the entire cloud computing ecosystem, targeting business executives, IT professionals and developers, with the goal of to driving the growth and innovation of cloud computing and to further its adoption.
-- Executives and business development professionals will build
partnerships, develop successful business models, and create deeper
relationships with existing and future customers
-- IT Professionals will learn about the opportunities and challenges of
cloud computing and make more informed decisions for their
organizations
-- Developers will hear from the leading cloud providers and get in-depth
technical information on developing on the cloud
Through an in-depth educational program, including keynotes, workshops, case studies, sessions and networking events, as well as an exhibition, attendees will have the opportunity to interact face-to-face with cloud computing experts, thought leaders and peers. Cloud Connect provides an unparalleled opportunity for cloud vendors to develop partnerships, understand emerging business models and generate leads.
"The cloud represents the next major technology shift and creates new, never before seen options and opportunities for all those who know how to exploit it," said MR Rangaswami, Co-Founder, Sand Hill Group. "Cloud Connect is the only event that brings together the most important groups driving the cloud revolution - to address the benefits of making the shift to cloud computing, interact with active buyers and establish business relationships with partners in the market."
Cloud Connect is part of a cloud computing event series produced by TechWeb, intended to define and frame cloud computing discussions for business technology executives and developers. The series first kicked-off in June 2008, with the highly successful "Evening in the Cloud" during Enterprise 2.0, followed by the inaugural Cloud Connect event in January 2009. Cloud Summit Executive took place in October 2008 and the first ever Enterprise Cloud Summit launches at Interop Las Vegas 2009. InformationWeek's Business Technology Network, part of the TechWeb brand of properties, produces "Plug Into the Cloud" online editorial for in-depth analysis and reporting on the cloud. For more information, visit cloudconnectevent.com.
"TechWeb's history of producing leading industry events, our deep involvement in the cloud computing market and unparalleled reach through our portfolio of websites and magazines, make us uniquely qualified to produce Cloud Connect," David Berlind, Co-Creator of Cloud Connect. "We've dedicated many programs to address the cloud content our audiences demand - now is the time to bring it all together in one big event focused entirely to this revolutionary shift."
About TechWeb
TechWeb, 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, market leading, award-winning magazines such as InformationWeek, TechNet Magazine, MSDN Magazine, Wall Street & Technology and The Financial Technology Network. 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
TechWeb
CONTACT: Natalia Wodecki, PR Manager of TechWeb, +1-415-947-6762, nwodecki@techweb.com
Web Site: http://www.liveevents.techweb.com/ http://cloudconnectevent.com/
ICE Announces New CDS Clearing Member and CDX Product AdditionsTotal Cleared Volume Surpasses $585 Billion;European CDS Clearing Operationally Ready
NEW YORK, May 19 /PRNewswire-FirstCall/ -- IntercontinentalExchange(R) , a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that The Royal Bank of Scotland plc (RBS) has been approved as a clearing member by the Board of ICE Trust(TM), the industry's leading clearing house for credit default swaps (CDS). Operational as of May 18, RBS joins 10 initial clearing members of ICE Trust, and is the first new member since the clearing house launched in March.
Dirk Pruis, President of ICE Trust, said: "ICE Trust was designed as an open platform, with membership available to qualified market participants who meet the clearing house's rigorous financial, operating and risk management criteria. We welcome RBS in our continued efforts to bring transparency and stability to the vital CDS markets, and we look forward to working with new dealer and buy-side participants."
ICE Trust is currently expanding its services to include buy-side clearing, which will provide for margin segregation and account portability to firms who are not direct clearing members. ICE Trust expects to make these enhanced risk protections available in the coming weeks.
For the week ended May 15, 2009, ICE Trust cleared $223 billion in notional value, Since launch, ICE Trust has cleared 6,599 transactions, totaling $586 billion of notional value, and resulting in open interest of $103 billion. During the last clearing cycle, ICE Trust added Series 8 and Series 9 CDX contracts, which accounted for approximately 76% of the week's cleared volume.
Separately, ICE is working closely with the European CDS community to provide clearing service through ICE Clear Europe(R) for iTraxx and European single name reference entities by the July 2009 deadline agreed upon by CDS industry participants and the European Commission. Paul Swann, President of ICE Clear Europe, said: "We are working closely with applicant clearing firms and have completed several weeks of testing. We remain on track to clear iTraxx and European reference entities ahead of the Commission's July deadline."
About IntercontinentalExchange
IntercontinentalExchange(R) operates leading regulated exchanges, trading platforms and clearing houses serving the global markets for agricultural, credit, currency, emissions, energy and equity index markets. ICE Futures Europe(R) trades half of the world's crude and refined oil futures. ICE Futures U.S.(R) and ICE Futures Canada(R) list agricultural, currency and Russell Index markets. ICE offers trade execution and processing for the credit derivatives markets through Creditex and clearing through ICE Trust(TM). A component of the Russell 1000(R) and S&P 500 indexes, ICE(R) serves customers in more than 50 countries and is headquartered in Atlanta, with offices in New York, London, Chicago, Winnipeg, Calgary, Houston and Singapore. http://www.theice.com/
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding IntercontinentalExchange's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2008, as filed with the SEC on February 11, 2009.
IntercontinentalExchange
CONTACT: Investor, Kelly Loeffler, VP, Investor Relations & Corp. Communications, +1-770-857-4726, kelly.loeffler@theice.com, or Sarah Stashak, Director, Investor & Public Relations, +1-770-857-0340, sarah.stashak@theice.com, both of IntercontinentalExchange; or Media, Ellen Resnick of Crystal Clear Communications, +1-773-929-9292 (o); +1-312-399-9295 (c), eresnick@crystalclearPR.com
Web Site: http://www.theice.com/
Ask.com Receives a 2009 'Webware 100' Award in Search & Reference Category
OAKLAND, Calif., May 19 /PRNewswire-FirstCall/ -- Leading search engine Ask.com, an operating business of IAC with 173 million worldwide monthly unique users*, today announced that its core search engine and core search technology has been honored with a 2009 Webware 100 award in the "Search & Reference" category by Webware, a CNET site.
This is the third year in a row that Ask.com has been recognized with a Webware 100 Award for its search technology.
Winners in the "Search & Reference" category in which Ask is being awarded are recognized for their innovative search tools and how they find and organize data.
In recent months, Ask.com has unveiled a series of innovative, proprietary core and semantic search enhancements for customers - including DADS (Direct Answers from Databases), DAFS (Direct Answers from Search), AnswerFarms, and a Q&A channel - which just reached the milestone of over 250 million high-quality question-and-answer pairings in the Ask index.
"There's never been a more important time for search companies like Ask to focus on serving the online consumer with unique and differentiating search tools and offerings, as well as providing the best answers on the Web," said Scott Garell, President, Ask Networks. "At Ask, we believe in relentlessly dedicating ourselves every single day to helping consumers find the best answers on Ask.com - the first time, every time. We're very humbled and grateful for this recognition."
"This annual listing has become such an essential resource for people who want to learn more about Web 2.0 and the many ways it can help them stay connected," said Rafe Needleman, editor at Webware and CNET. "The Web 2.0 community and our editors ultimately selected the very best sites, services and applications that have made a lasting impression."
The Web 2.0 user community cast more than 630,000 votes in an online voting poll which ultimately selected the winners. Finalists for the 2009 Webware 100 Awards were selected by the editors of Webware. The 2009 Webware 100 Awards recognize the best Web 2.0 sites, services, and applications that are leading the next wave of innovation. Webware editors received and reviewed thousands of entries. A complete list of the winners can be found at http://www.webware.com/100.
* - comScore, March 2009
About Ask.com
Ask.com is an operating business of IAC. The Ask Network of sites is the 11th largest Internet property in the world, with 173 million worldwide unique monthly users, according to March 2009 comScore data. Ask.com syndicates its search technology and advertising solutions to a network of affiliate partners.
Ask.com
CONTACT: Jennifer Hallett of Ask.com, +1-510-985-7640, Jennifer.hallett@ask.com
Web Site: http://www.ask.com/ http://www.webware.com/100
Once Again, Survey Says Verizon Wireless Customers Are The Most SatisfiedFor Sixth Straight Year, Verizon Wireless Recognized by ACSI as the Wireless Customer Satisfaction Leader
BASKING RIDGE, N.J., May 19 /PRNewswire/ -- Are you satisfied with the quality of products and services from your wireless carrier? Verizon Wireless customers are! For the sixth consecutive year, Verizon Wireless led the industry in customer satisfaction in the American Customer Satisfaction Index (ACSI) survey, released today.
The wireless industry overall received its highest marks for customer satisfaction ever, with Verizon Wireless leading the industry once again. Verizon Wireless scored above the industry average and jumped 3 percent higher than last year to continue its lead over the other national wireless companies included in this year's study.
Verizon Wireless is the nation's wireless leader in customer loyalty, based on company retention and churn (turnover) rates published in quarterly earnings reports by the largest wireless carriers. For the past 18 quarters, Verizon Wireless has led the wireless industry in customer loyalty based on lowest churn rates. In the first quarter of 2009, Verizon Wireless posted an industry-low churn rate of 1.47 percent.
The ACSI is produced by the Stephen M. Ross Business School at the University of Michigan, in partnership with the American Society for Quality (ASQ) and the international consulting firm, CFI Group.
For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to http://www.verizonwireless.com/.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 86.6 million customers. Headquartered in Basking Ridge, N.J., with more than 86,000 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: Tom Pica of Verizon Wireless, +1-908-559-7516, Thomas.Pica@verizonwireless.com
Web Site: http://www.verizonwireless.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Epson Unveils Four New and Affordable All-In-Ones Designed to Give You More for Your Money
LONG BEACH, Calif., May 19 /PRNewswire-FirstCall/ -- Epson America Inc. today introduced four ink jet printers to its Stylus NX series that are designed to deliver rich feature sets at an affordable price, including the entry-level Epson Stylus NX115 ($69.99*), Epson Stylus NX215 ($89.99*), Epson Stylus NX415 ($99.99*), and the flagship of the series, the Epson Stylus NX515 (149.99*).
"Each product in the Epson Stylus NX family gives you more for your money by delivering a better combination of features and print quality than competitive products at the same price point," said Kristi Lanzit, product manager, consumer ink jets, Epson America Inc. "Products range from the entry-level Epson Stylus NX115 all-in-one to the extremely fast flagship Epson Stylus NX515, which is up to two times faster than any comparable printer in its price range(1), with built-in Wi-Fi(R) and Ethernet."
The Epson Stylus NX all-in-ones are designed to meet a wide range of printing, copying and scanning needs. The Epson Stylus NX215 is the industry's first all-in-one at its price point with memory card slots and a 1.5-inch color LCD screen for standalone photo printing. The Epson Stylus NX415 boasts a 2.5-inch color LCD, the largest at its price point, as well as card slots and PictBridge(R) support, rendering it the perfect solution for printing both high-quality documents and stunning photos. The Epson Stylus NX515 is the fastest printer in its class(1) and offers Wi-Fi printing with a simple four-step setup process so users can print wirelessly, making it a great solution for multiple users within a household.
All four Epson Stylus NX models are simple to setup and use, and offer smart features. They also produce output that is smudge-, fade- and water-resistant with Epson's exclusive DURABrite(R) Ultra all-pigment inks for printing recipes that won't run when spilled on, invitations that will maintain their outstanding print quality through the mail, and long-lasting, durable photos. In addition, the series utilizes Epson's award-winning MicroPiezo(R) print technology and is ideal for consumers looking to get more in a home printer at an affordable price.
Additional Features and Benefits of the Epson Stylus NX Series:
-- BorderFree(R) photo printing
-- Two-sided printing to save paper(2)
-- Quick, high-quality scanning up to 2400 dpi
-- Image enhancement tools such as photo restoration
-- Automatic photo correction to quickly fix digital images
-- One-touch red eye removal
-- Photos and documents with instant-drying ink
-- Standard and high capacity black cartridges available to match print
volume needs
In 2009, the International Organization for Standardization (ISO) - the world's largest developer and publisher of international standards - introduced an official standard used to measure print speeds on ink jet printers. The flagship Epson Stylus NX515 offers a black ISO speed of 15 PPM and color ISO speed of 9.3 PPM. More information about ISO is available at http://www.iso.org/, and details regarding Epson print speed measurements, including complete ISO reports, are available at http://www.epson.com/printspeed.
The Epson Stylus NX515 is currently available for "pre-order" for a limited time through Amazon.com, BestBuy.com, Fry's Electronics and Epson's retail site. All of the Epson Stylus NX series printers will be available in June through major retailers.
Better Products for a Better Future(TM)
Epson knows that planning for the future requires a strong commitment to the environment. That is why the company strives to create innovative products that are reliable, recyclable and energy efficient. Better products that use fewer resources help ensure a better future for us all. For more information on Epson's environmental programs, go to http://www.epson.com/environment.
The products in the Epson Stylus NX series deliver the following eco-friendly features:
-- Save up to 50 percent of paper supply with manual, two-sided
printing(2)
-- Designed to be recycled(3)
-- ENERGY STAR(R) qualified
-- RoHS Compliant
For more information, please see the individual fact sheets for the Epson Stylus NX115, Epson Stylus NX215, Epson Stylus NX415, and Epson Stylus NX515.
About Epson America Inc.
Epson America Inc. is the U.S. affiliate of Japan-based Seiko Epson Corporation (SEC) and is a leading provider of digital imaging products that exceed the vision of its customers. The company's extensive range of printers, 3LCD projectors and small- and medium-sized LCDs are renowned for their superior quality, functionality, compactness, and energy efficiency. The Seiko-Epson organization is proud of its ongoing contributions to the global environment and was recently added to the Dow Jones Sustainability World Index, an indicator for selective leading companies who meet a rigorous standard of economic, environmental and social criteria.
Specifications are subject to change without notice. Epson, Epson Stylus and MicroPiezo are registered trademarks, Epson Exceed Your Vision is a registered logomark, and Exceed Your Vision and Better Products for a Better Future are trademarks of Seiko Epson Corporation. DURABrite and BorderFree are registered trademarks of Epson America, Inc. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks.
(1) Printing black text in default mode compared to ink jet all-in-ones priced at $149 or less as of January 2009
(2) Some applications and/or functions, like two-sided printing, may not be supported by Mac(R)
(3) See our website for convenient and reasonable recycling options at http://www.epson.com/recycle
*Estimated street prices
Epson America Inc.
CONTACT: Caroline Zubieta of Epson America Inc., +1-562-290-4026, caroline_zubieta@ea.epson.com; or Cheryl Seaberg of Walt & Company, +1-408-369-7200, ext. 2981, cseaberg@walt.com
Alcatel-Lucent Named One of Top 10 Companies for Commitment to Veteran-Owned Suppliers
PITTSBURGH and MURRAY HILL, N.J., May 19 /PRNewswire/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) is one of 10 companies being honored by the National Veteran-Owned Business Association (NaVOBA). The list honors the large corporations that do the most to reach and use the nation's veteran-owned businesses (VOB) in their supply chains.
"NaVOBA has been very successful in making sure corporate America understands that doing business with veteran-owned businesses isn't about doing something good for those who've served this country," said Chris Hale, NaVOBA president. "We ensure that these companies understand that doing business with VOBs makes good business sense. Military training - which engrains troops with such qualities as leadership, teamwork, accountability, ambition and a tireless work ethic - serves as the best business training in the world. Veteran-owned businesses are well run; and large corporations that use them as suppliers benefit as a result."
Alcatel-Lucent joins AT&T, Booz Allen Hamilton, Comcast Corporation, Deere & Company, DynCorp International, Novartis Pharmaceuticals Corporation, Sprint Nextel, Volvo Trucks North America/Mack Trucks Inc. and UPS in being selected by NaVOBA for this honor. Criteria for making the list included veteran supplier diversity program specifics, assets allocated to veteran outreach and overall results in usage of veteran suppliers. This is Alcatel-Lucent's second consecutive year on the NaVOBA list.
"We are seeing an increasing number of veteran-owned businesses compete in the market today. By serving our country and fighting in the name of freedom they have been trained on assessing situations and responding accordingly," said Nick DeTura, Sr. Vice President, Quality and Customer Care for Alcatel-Lucent in North America. "We have a diverse supply base and veterans are an important part of our diversity supply chain."
About NaVOBA
NaVOBA unites current and future veteran-owned businesses by acting as the national voice for the veteran business movement. There are currently three million veteran-owned businesses in the United States. NaVOBA works to convince corporate America and the government to consider using veteran-owned businesses as preferred vendors. For more information, visit http://www.navoba.com/.
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted partner of service providers, enterprises and governments worldwide, providing solutions to deliver voice, data and video communication services to end-users. A leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent leverages the unrivalled technical and scientific expertise of Bell Labs, one of the largest innovation powerhouses in the communications industry. With operations in more than 130 countries and the most experienced global services organization in the industry, Alcatel-Lucent is a local partner with a global reach. Alcatel-Lucent achieved revenues of Euro 16.98 billion in 2008 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com/
Alcatel-Lucent
CONTACT: Press, Matthew Pavelek of NaVOBA, +1-412-269-1663 x145, matthew.pavelek@navoba.com; or Denise Panyik-Dale, +1-908-582-4897, dpanyikdale@alcatel-lucent.com, or Mary Ward, +1-908-582-7658, maryward@alcatel-lucent.com, both of Alcatel-Lucent; or investors, Remi Thomas, + 33 (0)1-40-76-50-61, remi.thomas@alcatel-lucent.com, or Tom Bevilacqua, +1-908-582-79-98, bevilacqua@alcatel-lucent.com, or Tony Lucido, + 33 (0)1-40-76-49-80, alucido@alcatel-lucent.com, or Don Sweeney, +1-908-582-6153, dsweeney@alcatel-lucent.com
Web Site: http://www.alcatel-lucent.com/
CA to Present at Investor Conference
ISLANDIA, N.Y., May 19 /PRNewswire-FirstCall/ -- CA, Inc. , the world's leading independent IT management software company, today announced it will present at the following investor conference. Live and archived audio webcasts of the presentation, as well as any supporting materials, will be available on the Company's website at http://investor.ca.com/.
Conference: UBS Global Technology and Services Conference
Date/Time: Tuesday, June 9, 2009 at 7:45 a.m. ET
Location: New York
Presenter: Nancy Cooper, Chief Financial Officer
(Logo: http://www.newscom.com/cgi-bin/prnh/20090402/NYTH500LOGO)
About CA
CA is the world's leading independent IT management software company. With CA's Enterprise IT Management (EITM) vision and expertise, organizations can more effectively govern, manage and secure IT to optimize business performance and sustain competitive advantage. For more information, visit http://www.ca.com/.
Copyright (C) 2009 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
Contacts:
Michelle Healy Carol Lu
Public Relations Investor Relations
(631) 342-4701 (212) 415-6920
michelle.healy@ca.com carol.lu@ca.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090402/NYTH500LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
CA
CONTACT: Michelle Healy, Public Relations of CA, +1-631-342-4701, michelle.healy@ca.com, or Carol Lu, Investor Relations, +1-212-415-6920, carol.lu@ca.com
Web Site: http://ca.com/
AT&T to Expand Its Mini Laptop Lineup and Offer Nationwide AvailabilityLightweight, 3G Mini-Laptops Ideal for Mobile Savvy Tweens, Teens, and Students; Convenient for Adults and Small Business Owners
DALLAS, May 19 /PRNewswire-FirstCall/ -- AT&T* announced today that it will soon expand its portfolio of embedded 3G mini laptops - and make them available in AT&T stores nationwide.
The expanded embedded device lineup will include Acer, Dell and Lenovo mini laptops. AT&T plans to begin offering the new mini laptops through its nationwide sales channels - more than 2,200 AT&T-owned retail stores and through http://www.att.com/ - this summer.
"Sleek, mobile and fast is all the rage and we're going to answer that call with a lineup of the hottest mini laptops in the market," said Ralph de la Vega, president and chief executive officer, AT&T Mobility and Consumer Markets. "Pairing these laptops with AT&T's home broadband, Wi-Fi, and the nation's fastest 3G network enables consumers and small business customers to get the most from their new devices - at home, in the office and on the go."
IDC, in its "Worldwide and U.S. PC Client Sub Form Factor 2009-2013 Forecast" published in April 2009, estimates that by year end 2009 worldwide shipments of mini laptops could reach 22 million. **
AT&T began trialing the sale of 3G mini laptops in its retail stores in April. Based on the successful results, AT&T will expand the availability of mini laptops through its nationwide stores and web site.
Pricing and availability of the new devices will be announced at a later date. Mini laptops embedded with AT&T 3G service are also available through other national retailers.
"It's clear there's a demand for mini laptops," de la Vega said. "Our customers in the Atlanta and Philadelphia markets have responded well and the response isn't limited to a specific demographic. We're getting interest from tweens, teens, young adults, moms on the go and small business owners. Consumers and small business customers really seem to be attracted to the convenience and portability of this connected device."
Mini laptops are lightweight computers that make it easy to surf the Internet, send and receive email, access and manage key contacts and appointments, review and edit business documents, keep social networking sites updated and manage digital files, including photos and music. The devices are a natural extension of AT&T's product lineup as it remains committed to connecting its customers to their worlds, everywhere they live and work.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
** IDC, Worldwide and U.S. PC Client Sub Form Factor 2009-2013, Doc # 217641, April 2009
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of their three-screen integration strategy, AT&T operating companies are expanding their TV entertainment offerings. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE(R) magazine's list of the World's Most Admired Companies. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
(C) 2009 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.
AT&T Inc.
CONTACT: Sue McCain of AT&T Corporate Communications, +1-314-982-8664, smccain@attnews.us
Web Site: http://www.att.com/
St. Luke's Hospital Selects Micromedex Information Solutions from Thomson Reuters for Clinical Decision Support
ANN ARBOR, Mich., May 19 /PRNewswire/ -- St. Luke's Hospital has signed an agreement to extend its use of Micromedex(R) healthcare solutions from Thomson Reuters as its key resource for clinical information.
St. Luke's, a 493-bed, not-for-profit hospital in Chesterfield, Missouri, already makes extensive use of the Micromedex Healthcare Series for drug, toxicology, disease, alternative medicine, and patient education information. Under the new agreement, St. Luke's will add clinical decision support tools from Micromedex to its physician portal and medication reconciliation tools.
"We conducted a comprehensive analysis of five vendors in this market, evaluating their products on clinical data, technology, and pricing. We found that Micromedex was the best value proposition for St. Luke's," said Scott Holtswarth, the hospital's Director of Information Services. "From a technical perspective, a key differentiator was the ability of Micromedex to integrate its products with our current technology infrastructure. This includes our Intranet, bedside medication administration system, and a physician portal we developed in-house."
"From a clinical perspective, Micromedex is a very timely and comprehensive resource, which is what clinicians need to make the best clinical decisions possible," said Richard Fook, St. Luke's Hospital Director of Pharmacy. "It's also an excellent reference for patient education and medical education. Clinically, Micromedex offered the most comprehensive drug information database in a user-friendly format that will enhance our clinical decision support efforts."
About Thomson Reuters
The Healthcare business of Thomson Reuters produces insights, information, benchmarks and analysis that enable organizations to manage costs, improve performance, and enhance the quality of healthcare. Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange ; Toronto Stock Exchange (TSX: TRI); London Stock Exchange ; and Nasdaq . For more information, go to http://www.thomsonreuters.com/.
About St. Luke's Hospital
St. Luke's Hospital, located in Chesterfield, Missouri, is a premier, regional healthcare provider specializing in individualized care. The 493-bed, not-for-profit hospital offers more than 60 specialty areas including cardiovascular care and surgery, cancer care, neurosurgery and neurology, orthopedics, maternity and other women's health, general medicine, outpatient services, pediatrics and comprehensive surgical services. St. Luke's Hospital was recognized in 2007, 2008, and 2009 as one of America's 50 Best Hospitals by HealthGrades, a leading independent healthcare ratings company. St. Luke's Hospital is the only healthcare facility in a ten-state region (Arkansas, Iowa, Kansas, Louisiana, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma, and South Dakota) to be named one of America's 50 Best Hospitals -- ranking among the top one percent in the nation based on superior clinical quality over a nine-year time period. St. Luke's Hospital is also a proud member of the Spirit of Women Hospital Network, a coalition of hospitals and healthcare providers across the United States that ascribe to the highest standards of excellence in women's health, education and community outreach. For more information about St. Luke's Hospital, please visit http://www.stlukes-stl.com/newsroom.
Thomson Reuters Healthcare
CONTACT: David Wilkins, Media Relations, Healthcare, of Thomson Reuters, +1-734-913-3397, david.wilkins@thomsonreuters.com
Web Site: http://www.thomsonreuters.com/
Everything Channel Unveils the Keynote Speakers for the 2009 VAR500 Executive Conference & Awards, Presentations to Focus on the Economy as it Relates to TechnologyEnrique Salem, President and CEO, Symantec Corp; Steve Rubinow, CIO, NYSE Euronext; Larry Bonfante, CIO, US Tennis Association/US Open; and Senator Bill Bradley to Speak
FRAMINGHAM, Mass., May 19 /PRNewswire/ -- Everything Channel, a division of United Business Media, today unveiled the keynote speakers for the 2009 VAR500 Executive Conference and Awards, which will bring together North America's top information technology (IT) solution providers on June 2 in New York City. Enrique Salem, President and CEO, Symantec Corp; Steve Rubinow, CIO, NYSE Euronext; Larry Bonfante, CIO, US Tennis Association/US Open; and Senator Bill Bradley will discuss the economy as it relates to technology.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090519/NY19582LOGO )
The VAR500 executive conference is an exclusive one-day conference designed for top-level executives from the top solution provider organizations in North America, while the VAR500 awards gala honors the most successful solution provider organizations in North America. The VAR500 listing is the definitive listing of the largest IT solution providers, system integrators, IT consultants and services companies in North America, as measured by gross worldwide revenue. With a focus on business and financial strategies, the conference agenda offers actionable content to learn the secrets of success from solution provider colleagues. The event will bring together 90 VAR500 executives plus more than 100 solution providers.
"We have a powerful lineup of technology, economic and political leaders to keynote our event this year," said Nancy Hammervik, Senior Vice President/Managing Director, Everything Channel Events. "This one-of-a-kind elite channel event brings together the technology industry's leading vendors and the most powerful solution provider organizations. In this economic environment, a gathering of these great minds creates an unparalleled platform to leverage partnerships, drive sales and create strong business opportunity. We are looking forward to a spectacular event."
Event speakers include:
-- Enrique Salem, President and CEO, Symantec Corp will present "Symantec:
Aligning with Partners for Continued Growth." Salem will discuss the
company's focus on its partners and vision for the channel today and
into the future. Salem will highlight Symantec's focus on the partner
ecosystem, new programs designed to help the partner community and
innovative solutions that create lasting customer loyalty. He will
also discuss the storage and security landscape and how key trends can
translate into new opportunities and additional revenue for the
channel.
Salem is president and chief executive officer of Symantec, a global
leader in providing security, storage and systems management solutions
to help consumers and organizations secure and manage their
information-driven world. Salem is also a member of Symantec's board of
directors.
Throughout his 16-year tenure at Symantec, Salem held a variety of
senior management roles, giving him broad experience across Symantec's
products and operations. Most recently he served as chief operating
officer, with responsibility for the day-to-day operations of the
company. Prior to that, he served as group president, Worldwide Sales
and Marketing where he managed global sales and partner programs,
marketing, communications and branding.
Before joining Symantec, Salem was president and CEO of Brightmail, the
leading anti-spam software company that was successfully acquired by
Symantec.
-- Steve Rubinow, CIO, NYSE Euronext is responsible for all aspects of
technology for the largest stock exchange in the world. Previously, he
was Chief Technology Officer at Archipelago Holdings, Inc. where he was
responsible for all aspects of technology including software
development, quality assurance, operations, customer connectivity and
technical support for the Archipelago Exchange (the second largest
stock exchange in the world), the first totally open, fully electronic
stock market for New York Stock Exchange, American Stock Exchange and
NASDAQ securities in the United States.
-- Larry Bonfante, CIO, United States Tennis Association/US OPEN will
discuss "Transformational Leadership" - how to be a leader within your
organization, the importance of developing leaders within an
organization as well as the long term success a culture of leadership
brings to any organization.
With over 25 years of industry experience, Bonfante is a seasoned
professional who has held leadership positions in the Financial,
Pharmaceutical, Not for Profit, Consulting and Sports and Entertainment
industries. As CIO at the United States Tennis Association, Bonfante's
team is responsible for all IT related services supporting the US Open.
-- Senator Bill Bradley will present "Leadership in a Changing World."
In this presentation he will discuss how businesses and organizations
are challenged with the ongoing need to build effective teams that
ultimately drive revenues and create organizational success. He will
showcase the list of the five essential qualities for leadership, a
unique perspective on leadership and team building, inspiring American
leadership stories personally gathered on the basketball court and
campaign trail; and passion for community building as well as an
account of how each person can make a difference in the community.
Bradley has been a national leader for more than thirty years and is
well known for his hard work, intelligence, candor and vision. From
winning an Olympic gold medal in basketball in the 1964 Olympic Games
in Tokyo, to representing New Jersey in the United States Senate from
1979 to 1997, to running for President in 2000, Bradley exemplifies
America's best qualities. Bradley was a three-time All-American
basketball player at Princeton University and graduated with honors in
1965 with a degree in American History. He was awarded a Rhodes
Scholarship to Oxford University, where he earned a graduate degree
after studying politics, philosophy, and economics. Bradley went on
to be a star professional basketball player for the New York Knicks
from 1967 to 1977. During that time the Knicks won two National
Basketball Association championships (1970 and 1973). In recognition of
his contribution to the sport, Bradley was elected to the Basketball
Hall of Fame.
Event sponsors include: ESET, IBM, Symantec, APC, CA, Kaspersky Labs, Avnet, Iron Mountain, Microsoft and VMware.
For additional information on the VAR500 Executive Conference & Awards, visit: http://www.everythingchannelevents.com/var500_09
For information on sponsorship opportunities, contact Allison Cohen at 516 562 7870 or accohen@everythingchannel.com.
Everything Channel (http://www.everythingchannel.com/, http://www.channelweb.com/)
Everything Channel is the one-stop shop for accessing, enabling, managing and accelerating technology sales channels. From branding and recruiting to marketing and sales, Everything Channel offers technology marketers the unmatched breadth and depth of global brands and market intelligence combined with unparalleled audience loyalty and credibility serving all technology sales channels through an extensive database. Everything Channel provides innovative sales and marketing solutions to arm the sellers of technology with the resources they need to achieve measurable and significant results.
About United Business Media Limited (http://www.unitedbusinessmedia.com/)
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.
Everything Channel
CONTACT: Allison Cohen of Everything Channel, +1-516-562-7870, accohen@everythingchannel.com
Web Site: http://www.everythingchannel.com/
eBay Voices Strong Support for 'The Discount Pricing Consumer Protection Act, S.148' at Senate Hearing Today
WASHINGTON, May 19 /PRNewswire-USNewswire/ -- Tod Cohen, Vice President and Deputy General Counsel for Government Relations at eBay Inc., made the following statement today after testifying before the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, at a hearing titled "The Discount Pricing Consumer Protection Act: Do We Need to Restore the Ban on Vertical Price Fixing?":
"Retail price-fixing, as allowed for in the Supreme Court's Leegin decision, is anti-competitive, and is hurting small businesses and consumers. We urge Congress to counteract these harms by passing The Discount Pricing Consumer Protection Act.
"The efficiencies and consumer benefits of the open Internet and open competition are immense. Because of the Leegin decision, large manufacturers and their biggest retail partners are able to use price-fixing to curtail Internet and small business based competition. These established players are threatened by innovative online businesses, such as eBay sellers, that offer consumers better prices, more options and new services.
"During difficult economic times, consumers should not be denied the choice and value that robust small business competition provides. Congress should act now to reverse the Leegin decision by enacting S.148 to protect consumers and retail innovators from retail price-fixing."
About eBay Inc.
Founded in 1995, eBay Inc. connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com, and others. eBay Inc. is headquartered in San Jose, California.
eBay Contact: Taj Meadows
805.453.1141
eBay Inc.
CONTACT: Taj Meadows, +1-805-453-1141, for eBay
Photonic Products Group, Inc. Reports First Quarter 2009 Results
NORTHVALE, N.J., May 19 /PRNewswire-FirstCall/ -- Photonic Products Group, Inc. (BULLETIN BOARD: PHPG) has reported its consolidated financial results for its first quarter, which ended March 31, 2009.
Revenues for the first quarter were $2.8 million, down 32% from the same period last year.
Orders for the first three months were $1.6 million compared to $6.9 million in the first three months of 2008 with lower order activity in the first quarter of 2009 being primarily attributable to the effect of the current economic slowdown and its impact on our customers' business activity and demand for our products.
Gross profit for the quarter was $382,000, or 13.6%, down from a gross profit of $1.5 million, or 36.0% in last year's first quarter.
The Company reported a net loss of $(314,000) for the quarter just ended compared with net income of $491,000 for the same period last year. This quarter's results included a benefit from income taxes of $236,000, reflecting the Company's recognition of a deferred tax asset, net of its current tax provision. Last year's results reflected a benefit from income taxes of $52,000, net of current tax expense. (Loss)/earnings per share were $(0.03) diluted and basic in the current quarter. This compares with $0.05 basic and $0.03 diluted in the first quarter of 2008.
First quarter 2009 results showed net cash provided by operating activities of $357,000, compared to net cash used by operating activities of $223,000, in the first quarter of last year. The Company ended the quarter with cash, cash equivalents and short-term investments of $3,750,000.
Joe Rutherford, President and CEO of PPGI commented, "Our first quarter results are disappointing but not unexpected given the current economic conditions in the markets we serve. We have responded with cost cutting measures throughout both our operations in Northvale and our MRC operations in Sarasota. We have reduced our workforce levels to right size our operations to better align them with the current economic realities. Our mission remains to exceed our customer's expectations and to be responsive to those needs in the future."
Founded in 1973, Photonic Products Group, Inc. develops, manufactures, and markets products and services for use in diverse Photonics industry sectors via its portfolio of distinctly branded businesses. INRAD specializes in crystal-based optical components and devices, laser accessories and instruments. Laser Optics specializes in precision custom optical components, assemblies, and optical coatings. MRC Optics' business specializes in precision diamond turned optics, metal optics, and opto-mechanical and electro-optical assemblies. PPGI's customers include leading corporations in the Defense and Aerospace, Laser Systems, and Process Control and Metrology sectors of the Photonics Industry, as well as the U.S. Government. Its products are also used by researchers at National Laboratories and Universities world-wide. http://www.ppgrpinc.com/
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "believes", "expects", "should", "will", "plan", "anticipate", "targeting" or similar words. Such forward-looking statements, such as our expectation for revenues, new orders, and income, involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and uncertainties that could cause actual results to differ materially from such forward looking statements are, but are not limited to, uncertainties in market demand for the company's products or the products of its customers, future actions by competitors, inability to deliver product on time, inability to implement its growth strategies or to integrate new operations, inability to realize synergies from its acquisitions, inability to raise capital, inability to retain key employees or hire new employees, and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. The forward looking statements made in this news release are made as of the date hereof and Photonic Products Group, Inc. does not assume any obligation to update publicly any forward looking statement.
PHOTONIC PRODUCTS GROUP, INC AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
March 31, December 31,
2009 2008
------ ------
(Unaudited) (Audited)
Assets
------
Current assets:
Cash and cash equivalents $2,941,545 $2,672,087
Certificates of deposit 807,738 800,000
Accounts receivable (net of allowance
for doubtful accounts of $15,000 in
2009 and 2008) 1,796,072 2,810,602
Inventories, net 2,639,186 2,732,336
Other current assets 259,153 188,084
Total current assets 8,443,694 9,203,109
Plant and equipment:
Plant and equipment, at cost 14,482,251 14,445,027
Less: Accumulated depreciation and
amortization (11,372,620) (11,139,771)
Total plant and equipment 3,109,631 3,305,526
Precious Metals 157,443 112,851
Deferred Income Taxes 644,000 408,000
Goodwill 1,869,646 1,869,646
Intangible Assets, net 731,939 751,580
Other Assets 47,852 81,707
$15,004,205 $15,732,149
Total Assets
Liabilities and Shareholders' Equity
------------------------------------
Current Liabilities:
Current portion of notes
payable - other $135,165 $136,892
Accounts payable and accrued
liabilities 1,674,821 2,160,665
Customer advances 331,309 456,754
Total current liabilities 2,141,295 2,754,311
Related Party Convertible Notes
Payable 2,500,000 2,500,000
Other Long Term Notes 351,467 353,663
Total liabilities 4,992,762 5,607,974
Commitments and Contingencies - -
Shareholders' Equity:
Common stock: $.01 par value;
60,000,000 authorized shares;
11,302,466 shares issued at
March 31, 2009 and 11,230,678
issued at December 31, 2008 113,023 112,306
Capital in excess of par value 16,823,426 16,622,466
Accumulated deficit (6,910,056) (6,595,647)
10,026,393 10,139,125
Less - Common stock in treasury, at
cost (4,600 shares respectively) (14,950) (14,950)
Total Shareholders' Equity 10,011,443 10,124,175
Total Liabilities and
Shareholders' Equity $15,004,205 $15,732,149
PHOTONIC PRODUCTS GROUP, INC AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
Three Months Ended March 31,
2009 2008
------ ------
Total Revenue $2,815,097 $4,164,248
Cost and Expenses:
Cost of goods sold 2,433,410 2,662,655
Selling, general and
administrative expenses 907,079 986,813
3,340,489 3,649,468
Operating (loss) income (525,392) 514,780
Other income (expense):
Interest expense-net (32,388) (75,580)
Gain on sale of precious metals 7,371 -
(25,017) (75,580)
Net (loss) income before income
taxes (550,409) 439,200
Benefit from income taxes 236,000 52,000
Net (loss) income $(314,409) $491,200
Net (loss) income per common share
- basic $(0.03) $0.05
Net (loss) income per common share
- diluted $(0.03) $0.03
Weighted average common shares
outstanding-basic 11,260,199 10,535,075
Weighted average common shares
outstanding-diluted 11,260,199 15,862,817
PHOTONIC PRODUCTS GROUP, INC AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
Three Months Ended March 31,
2009 2008
Cash flows from operating activities:
Net (loss) income $(314,409) $491,200
Adjustments to reconcile net (loss)
income to cash provided by (used in)
operating activities:
Depreciation and amortization 252,490 270,188
401(K) common stock contribution 179,068 160,181
Gain on sale of precious metals (7,371) -
Deferred income taxes (236,000) (102,000)
Stock based compensation 23,595 18,573
Changes in operating assets and
liabilities:
Accounts receivable 1,014,530 (184,226)
Inventories, net 93,150 (363,989)
Other current assets (71,069) (32,326)
Other assets 33,855 36,721
Accounts payable and accrued
liabilities (485,844) (217,335)
Customer advances (125,445) (300,011)
Total adjustments 670,959 (714,224)
Net cash provided by (used in)
operating activities 356,550 (223,024)
Cash flows from investing activities:
Capital expenditures (37,224) (186,363)
Purchase of precious metals (53,538) -
Purchase of certificate of
deposit, net (7,738) -
Proceeds from sale of precious
metals 16,317 -
Net cash (used in) investing
activities (82,183) (186,363)
Cash flows from financing activities:
Redemption of restricted stock units (986) -
Proceeds from issuance of common
stock - 139,580
Exercise of warrants - 591,587
Principal payment of convertible
note payable - (1,700,000)
Principal payments of other notes
payable (3,923) (3,699)
Principal payments of capital
lease obligations - (22,006)
Net cash used in financing
activities (4,909) (994,538)
Net increase (decrease) in cash
and cash equivalents 269,458 (1,403,925)
Cash and cash equivalents at
beginning of period 2,672,087 4,395,945
Cash and cash equivalents at end
of period $2,941,545 $2,992,020
Supplemental Disclosure of Cash
Flow Information:
Interest paid $3,596 $482,860
Income taxes paid $50,000 $10,000
Photonic Products Group, Inc.
CONTACT: Photonic Products Group, Inc., +1-201-767-1910, or fax, +1-201-767-9644, jrutherford@ppgrpinc.com
Web Site: http://www.ppgrpinc.com/
TechWeb's Enterprise 2.0 Conference Unveils 2009 Program, Announces New Open Innovation AwardCustomer Case Studies Will Showcase Benefits of Enterprise 2.0 Adoption
SAN FRANCISCO, May 19 /PRNewswire/ -- The Enterprise 2.0 Conference, produced by TechWeb, today announced a program focused on innovative, real-world, case studies of Enterprise 2.0 being applied in today's leading-edge businesses. New to the event this year is the Open Innovation Award that will be presented to the most notable example of enterprise 2.0 tools and best practices for organizational change within a company. The Enterprise 2.0 Conference spans four days with in depth workshops, keynotes and over fifty sessions featuring leading examples of Enterprise 2.0 in action. The event will take place in Boston at the Westin Boston Waterfront, June 22-25, 2009. For more information visit: http://www.e2conf.com/.
The Enterprise 2.0 Conference focuses on the adoption of web 2.0 tools and collaborative applications that are transforming business. This year, the event takes a deep dive into social media in business with a keynote address from Jascha Franklin-Hodge of Blue State Digital, the company behind the strategy and tactics that helped put Barack Obama in the White House. A keynote panel on the topic "Does Social Media and Marketing Matter" features senior level speakers from Fidelity and Humana. A new track and in-depth workshop on social media have also been added. The Enterprise 2.0 Conference program includes visionary keynotes and practitioner case studies, an Expo Pavilion featuring the latest industry technologies and a Launch Pad spotlighting the companies that will be making headlines this year.
"Our agenda is full of excellent case studies from some of the world's leading brands, all focused on driving business value from the adoption of Web 2.0 and collaborative technologies, enabling them to better compete in today's challenging economy. The Open Innovation Award is a new and exciting opportunity featuring how companies are embracing Enterprise 2.0 tools and practices to increase productivity and cut costs," said Steve Wylie, General Manager, Enterprise 2.0 Conference.
The first Enterprise 2.0 Open Innovation Award will be an industry salute to the work a company has done to embrace collaborative and transformative enterprise 2.0 tools. Stowe Boyd, CEO, Edglings and Oliver Marks, Enterprise Collaboration Consultant, Oliver Marks & Associates, will present eight company case studies, from the most innovative companies in the space, during their "Open Enterprise 2009 in Depth" session on Tuesday, June 23. The winning company will be chosen as the recipient of the Open Enterprise 2009 Innovation Award and given a 10-15 minute presentation on the conference main stage. Case study submissions are being accepted until Friday, May 22 and forms are available online at: http://www.e2conf.com/conference/open-enterprise.php.
"The Enterprise 2.0 conference has grown into a community where vendors, practitioners, and visionaries come together to explore the tools and practices of Enterprise 2.0," said Stowe Boyd, CEO of Edglings. "This is the perfect place to present the Open Innovation Award for advances in the application of Web 2.0 in the enterprise."
Beyond customer stories from early adopters, program highlights this year include Enterprise2Open, the "unconference" portion of the event open to anyone who would like to attend. In its second year, Enterprise2Open blends pre-scheduled content with an open grid where the attendees fill in the sessions they either want to discuss or present themselves. Enterprise 2Open will be facilitated by Ross Mayfield of SocialText and Susan Scrupski of SoCo Partners.
About The Enterprise 2.0 Conference
The Enterprise 2.0 Conference explores the integration of Web 2.0 technologies in the enterprise, from both strategic and tactical perspectives. This annual conference and sponsor pavilion focuses on the tools and techniques that best leverage the technical, productive and social aspects of IT and workgroup environments to build a cohesive collaboration strategy and empower a connected workforce. For more information visit: http://www.e2conf.com/.
About TechWeb
TechWeb, 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, market leading, award-winning magazines such as InformationWeek, TechNet Magazine, MSDN Magazine, Wall Street & Technology and The Financial Technology Network. 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
TechWeb
CONTACT: Natalia Wodecki, PR Manager of TechWeb, +1-415-947-6762, nwodecki@techweb.com
Web Site: http://www.cmp.com/ http://www.e2conf.com/
Company News On-Call: http://www.prnewswire.com/comp/181993.html
Ambrosia Software Chooses NeuStar's Webmetrics Service to Enhance Customer Experience
STERLING, Va., May 19 /PRNewswire-FirstCall/ -- NeuStar, Inc. today announced that Ambrosia Software, a publisher of award-winning programs for Macintosh(R), iPhone(R), iPod touch(R), and Windows(R), has chosen NeuStar's Webmetrics Application Performance Monitoring service to optimize the performance of Ambrosia's online applications. NeuStar's solution was selected for its thoroughness, flexibility, and simplicity -- and will allow Ambrosia to identify, diagnose, and prevent problems with online applications before customers are impacted.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO )
Ambrosia Software creates personal productivity tools and games, providing commercial-quality software at a cost-effective price point with the added convenience of allowing customers to test out the software before purchase. Incorporated in 1993, Ambrosia operates with a "shareware" model, distributing its copyrighted software through free trials on its website. Customers register online to receive a license code, which is then maintained in an Ambrosia database that has grown substantially over its 16 years in business.
Ambrosia's automatic License Code Retrieval tool -- the online application that Webmetrics is monitoring -- integrates with Ambrosia's database to manage the registration process for new customers and to provide customer service for past registrants that may have misplaced their registration information or need to renew.
"The Webmetrics Application Monitoring Service helps us ensure that new customers are able to register our products online, and that past customers receive the excellent customer service for which we are renowned," said Jake Cebula, system administrator at Ambrosia Software. "This is imperative for our revenue model. The Webmetrics service is simple to configure, requires no maintenance, and offers an attractive user interface with thorough performance reporting and alerts. I know about any issues with our application before our customers are impacted."
"When the Internet is at the core of your revenue model, it is essential for a company such as Ambrosia Software to monitor the online experience of its customers constantly," said Alex Berry, senior vice president of NeuStar's Internet Infrastructure Services Group (IISG). "The Webmetrics Application Performance Monitoring service helps Ambrosia ensure continued excellent customer service, and hence protects future revenue streams."
About NeuStar and Webmetrics
NeuStar provides market-leading and innovative services that enable trusted communication across networks, applications, and enterprises around the world. Webmetrics is a NeuStar service that provides industry-leading collaborative performance management services for complex web ecosystems. Webmetrics website testing and monitoring services are used by companies to ensure online performance, competitive advantage, and a positive end-user experience. Visit http://www.neustar.biz/ and http://www.webmetrics.com/ for more information.
About Ambrosia Software
Ambrosia Software, Inc. -- publisher of award-winning programs for the Macintosh(R), iPhone(R), iPod touch(R), and Windows(R) distributes a full line of utility, productivity, and anti-productivity (game) desktop software via the Internet as shareware and also via Apple's App Store for instant purchase with iPhone or iPod touch. Unregistered versions of Ambrosia's desktop products on DVD-ROM can be obtained at Ambrosia's web site, http://www.ambrosiasw.com/ or by calling Ambrosia's order center at 585-325-1910.
Photo: http://www.newscom.com/cgi-bin/prnh/20080310/NEUSTARLOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
NeuStar, Inc.
CONTACT: John Schneidawind of NeuStar, Inc., +1-571-434-5596, john.schneidawind@neustar.biz
Web Site: http://www.neustar.biz/
Lockheed Martin Selected to Manage Multi-Channel Contact Center for HUD's Federal Housing Administration (FHA)Corporation to provide accurate, consistent responses to the public and lending industry on FHA programs
ROCKVILLE, Md., May 19 /PRNewswire-FirstCall/ -- Lockheed Martin announced that it was awarded a task order under the GSA's USA Contact contract to operate the U.S. Housing and Urban Development's (HUD's) Federal Housing Administration (FHA) Client Management Center -- known to users as the FHA Resource Center. The five-year task order, valued at $10 million for the base year, supports a consolidated multi-channel contact center to assist consumers and the lending industry with the FHA mortgage insurance process.
Under the contract, Lockheed Martin will staff customer service representatives and use advanced contact center technologies to provide information to requestors about FHA programs, policies, and rules and regulations via the telephone, e-mail, chat and mail. The company will operate the program in its Indianapolis, Ind. contact center facility, as the primary site.
"For three decades, we have supported HUD in its critical housing mission, encouraging community development and fostering access to affordable housing free from discrimination," said Darrell Graddy, vice president of Lockheed Martin's IS&GS-Civil Process Solutions. "This new effort will provide homeowners and lenders a centralized resource center to quickly obtain accurate and consistent information about FHA programs."
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
For additional information, visit our Web site: http://www.lockheedmartin.com/
Lockheed Martin
CONTACT: Sheila Collins of Lockheed Martin, +1-301-519-5896, sheila.collins@lmco.com
Web Site: http://www.lockheedmartin.com/
PHH Arval Wins ELFA 2009 Excellence Award
SPARKS, Md., May 19 /PRNewswire/ -- PHH Arval, a subsidiary of PHH Corporation , has won The Equipment Leasing and Finance Association's (ELFA) Operations & Technology Excellence (O&TE) Award for 2009. ELFA is the trade association that represents over 700 companies in the $650 billion equipment finance sector. ELFA's award, which spotlights the best process improvements in the equipment leasing and finance industry, was given for PHH Arval's Rally to Results(SM), which combines Six-Sigma methodology, service-oriented process improvement techniques, and advanced technology to deliver measurable results to PHH's fleet clients.
PHH Arval's Rally to Results program re-defines Six Sigma as it applies to services. In a unique approach to process management principles, Rally to Results places service delivery and customer satisfaction ahead of the more traditional advances in productivity and cost reduction. Rally to Results focuses on processes that increase client cash flow and productivity, as well as enhance PHH's ability to deliver results with just one request for service. PHH's winning nomination focused on how the Rally to Results methodology transformed a specific fleet management process to dramatically reduce cycle time in meeting client needs.
According to John Karolenko, PHH Arval vice president in charge of Rally to Results, "We're honored to receive this award from ELFA, because it highlights the value of our continuous improvement program in delivering what our clients want -- speed, reliability and value."
The awards presentation took place during ELFA's Operations & Technology Conference and Exhibition May 13-15 in San Diego, California.
Its O&TE Award Program identifies and recognizes equipment leasing and finance companies that have demonstrated best practices in developing and implementing innovative uses of technology or creative business processes to improve operations, enhance customer interactions, enter new markets and build overall ROI.
About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $650 billion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its over 700 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit http://www.elfaonline.org/.
About PHH Arval
PHH Arval, a subsidiary of PHH Corporation , is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service, and award-winning Internet technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit http://www.phharval.com/, or call 800 ONLY PHH.
About PHH Corporation
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top ten retail originators of residential mortgages in the United States(1), and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. For additional information about the Company and its subsidiaries please visit our website at http://www.phh.com/.
1. Inside Mortgage Finance, Copyright 2008
PHH Arval
CONTACT: Ms. Pilar Page, +1-410-771-2733, Pilar.Page@phh.com
Web Site: http://www.phharval.com/
Merrimac Reports First Quarter 2009 Results Marking a Turnaround Performance
WEST CALDWELL, N.J., May 19 /PRNewswire-FirstCall/ -- Merrimac Industries, Inc. , a leader in the design and manufacture of RF Microwave components, subsystem assemblies and micro-multifunction modules (MMFM(R)), today announced the results for the first quarter of 2009.
First Quarter 2009 Financial Highlights
-- Net sales for the first quarter of fiscal year 2009 increased 32.1% or
$1.8 million to $7.6 million compared to $5.8 million in the first
quarter of fiscal year 2008
-- First quarter gross profit increased 86.5% or $1.6 million to $3.4
million in 2009 compared to $1.8 million in 2008 and gross profit
margins increased to 44.5% in 2009 from 31.5% in the first quarter of
2008
-- Operating income for the first quarter was $965,000 compared to an
operating loss of $804,000 in 2008
-- Net income for the first quarter of 2009 was $856,000 compared to a
net loss of $865,000 in 2008
-- First quarter 2009 earnings per share, basic and diluted were $0.29,
compared to a first quarter 2008 net loss per share, basic and diluted
of $0.29
Chairman and CEO Mason N. Carter commented, "We are clearly executing our new strategy well as reflected in the Financial Highlights. Fiscal year 2009 has begun with a strong first quarter. New orders met our internal targets; operating performance, as measured by our gross profit margin of nearly 45%, exceeded our plan. We anticipate the second quarter to have both strong incoming orders and operating performance."
First Quarter 2009 Results
Net sales.
Net sales for the first quarter of 2009 increased $1,849,000 or 32.1% to $7,607,000, from the first quarter of 2008 net sales of $5,758,000. Net sales increased due to the higher level of orders received during 2008 resulting in a larger backlog of orders to fulfill in the first quarter of fiscal year 2009 including increased sales of Multi-Mix(R) products to defense industry related customers.
Cost of sales and gross profit.
Gross profit for the first quarter of 2009 was $3,382,000, an increase of $1,569,000 or 86.5%, over last year's gross profit of $1,813,000. Gross margin increased to 44.5% compared to 31.5% in the first quarter of 2008. The increase in gross profit in the first quarter of 2009 compared to 2008 was primarily due to the increase in sales. The improved gross profit percentage was due to a return to standard pricing levels compared to the aggressive low pricing tactic that was in place at the end of 2007 and in the first quarter of 2008. Additionally, the gross profit percentage improved in the first quarter of 2009 due to the impact of the higher level of sales allowing us to better absorb fixed manufacturing costs.
Selling, general and administrative expenses.
Selling, general and administrative expenses were $2,358,000 for the first quarter of 2009, an increase of $114,000 or 5.1%, compared to the first quarter of 2008. When expressed as a percentage of net sales, selling, general and administrative expenses decreased from 39.0% of sales in 2008 to 31.0% of sales in 2009. The increase in such expenses for the first quarter of 2009 was due to higher commissions related to the higher sales volume and higher professional fees, that were somewhat offset by a decrease in marketing expense.
Operating income (loss).
Operating income for the first quarter of 2009 was $965,000, compared to an operating loss of $804,000 for the first quarter of 2008. The improvement in operating income for the first quarter was primarily due to the improved gross profit resulting from increased sales and the decrease in research and development costs compared to the first quarter of 2008.
Net income (loss).
Net income for the first quarter of 2009 was $856,000 compared to a net loss of $865,000 for the first quarter of 2008. Net income for the first quarter of 2009 was $0.29 per share compared to a net loss of $0.29 per share for the first quarter of 2008.
Investors are invited to participate in the financial results conference call on Wednesday, May 20, 2009 at 4:15 p.m. (Eastern) by dialing 1-877-857-6151 (for International callers: 1-719-325-4818) five minutes prior to the scheduled start time, and reference the Merrimac Industries 1st Qtr 2009 Financial Results conference call or passcode number 6310541. For those unable to participate, a replay will be available for seven days by dialing 1-888-203-1112, or 1-719-457-0820 for international callers, passcode number 6310541.
This conference call will also be broadcast live over the internet by logging on to the web at this address: http://www.videonewswire.com/event.asp?id=58139
Should you be unable to participate during the live webcast, a link to the archived webcast will be posted on the Merrimac Industries, Inc. website.
Contact: Mason N. Carter, Chairman & CEO
973-575-1300, ext. 1202
mnc@merrimacind.com
About Merrimac
Merrimac Industries, Inc. is a leader in the design and manufacture of RF Microwave signal processing components, subsystem assemblies, and Multi-Mix(R) micro-multifunction modules (MMFM(R)), for the worldwide Defense, Satellite Communications (Satcom), Commercial Wireless and Homeland Security market segments. Merrimac is focused on providing Total Integrated Packaging Solutions(R) with Multi-Mix(R) Microtechnology, a leading edge competency providing value to our customers through miniaturization and integration. Multi-Mix(R) MMFM(R) provides a patented and novel packaging technology that employs a platform modular architecture strategy that incorporates embedded semiconductor devices, MMICs, resistors, passive circuit elements and plated-through via holes to form a three-dimensional integrated module used in High Power, High Frequency and High Performance mission-critical applications. Merrimac Industries facilities are registered under ISO 9001:2000, an internationally developed set of quality criteria for manufacturing operations.
Merrimac Industries, Inc. has facilities located in West Caldwell, NJ and San Jose, Costa Rica and has approximately 210 co-workers dedicated to the design and manufacture of signal processing components, gold plating of high-frequency microstrip and bonded stripline Teflon (PTFE) circuits and subsystems providing Total Integrated Packaging Solutions(R) for wireless applications. Merrimac (MRM) is listed on the American Stock Exchange. Multi-Mix(R), Multi-Mix PICO(R), MMFM(R), System In A Package(R), SIP(R) and Total Integrated Packaging Solutions(R) are registered trademarks of Merrimac Industries, Inc. For more information about Merrimac Industries, Inc. please visit our website http://www.merrimacind.com/.
This press release contains statements relating to future results of the Company (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: risks associated with demand for and market acceptance of existing and newly developed products as to which the Company has made significant investments, particularly its Multi-Mix(R) products; risks associated with adequate capacity to obtain raw materials and reduced control over delivery schedules and costs due to reliance on sole source or limited suppliers; slower than anticipated penetration into the satellite communications, defense and wireless markets; failure of our Original Equipment Manufacturer or OEM customers to successfully incorporate our products into their systems; changes in product mix resulting in unexpected engineering and research and development costs; delays and increased costs in product development, engineering and production; reliance on a small number of significant customers; the emergence of new or stronger competitors as a result of consolidation movements in the market; the timing and market acceptance of our or our OEM customers' new or enhanced products; general economic and industry conditions; the ability to protect proprietary information and technology; competitive products and pricing pressures; our ability and the ability of our OEM customers to keep pace with the rapid technological changes and short product life cycles in our industry and gain market acceptance for new products and technologies; risks relating to governmental regulatory actions in communications and defense programs; and inventory risks due to technological innovation and product obsolescence, as well as other risks and uncertainties as are detailed from time to time in the Company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
MERRIMAC INDUSTRIES, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
Quarters Ended
April 4, March 29,
2009 2008
(Unaudited) (Restated)
Net sales $7,606,532 $5,757,686
Costs and expenses:
Cost of sales 4,224,084 3,944,681
Selling, general and administrative 2,358,402 2,244,570
Research and development 59,395 372,818
6,641,881 6,562,069
Operating income (loss) 964,651 (804,383)
Interest and other expense, net (65,345) (60,573)
Income (loss) before income taxes 899,306 (864,956)
Provision for income taxes 42,826 -
Net income (loss) $856,480 $(864,956)
Net income (loss) per common share
- basic and diluted $0.29 $(0.29)
Weighted average number of shares
outstanding - basic 2,952,324 2,932,521
Weighted average number of shares
outstanding - diluted 2,969,824 2,932,521
MERRIMAC INDUSTRIES, INC.
CONSOLIDATED BALANCE SHEETS
April 4, January 3,
2009 2009
ASSETS (Unaudited)
Current assets:
Cash and cash equivalents $2,425,806 $1,191,768
Accounts receivable, net 4,892,140 5,765,575
Inventories, net 5,746,637 4,899,706
Other current assets 492,020 542,320
Costs and estimated earnings in excess of
billings on uncompleted contracts 2,586,205 1,880,338
Total current assets 16,142,808 14,279,707
Property, plant and equipment 37,858,765 37,765,928
Less accumulated depreciation and
amortization 29,197,631 28,556,441
Property, plant and equipment, net 8,661,134 9,209,487
Other assets 495,475 543,217
Total assets $25,299,417 $24,032,411
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt $291,667 $291,667
Accounts payable 700,037 794,351
Accrued liabilities 1,399,542 1,432,124
Customer deposits 1,113,030 654,133
Income taxes payable 60,274 17,448
Total current liabilities 3,564,550 3,189,723
Long-term debt, net of current portion 2,538,195 2,611,111
Deferred liabilities 60,924 64,254
Total liabilities 6,163,669 5,865,088
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $.01 per share:
Authorized: 1,000,000 shares
No shares issued - -
Common stock, par value $.01 per share:
20,000,000 shares authorized; 3,315,229
shares issued; and 2,952,324 shares
outstanding at April 4, 2009 and
January 3, 2009 33,153 33,153
Additional paid-in capital 20,491,869 20,379,924
Retained earnings 1,732,890 876,410
22,257,912 21,289,487
Less treasury stock, at cost - 362,905
shares at April 4, 2009 and January 3,
2009 (3,122,164) (3,122,164)
Total stockholders' equity 19,135,748 18,167,323
Total liabilities and stockholders' equity $25,299,417 $24,032,411
MERRIMAC INDUSTRIES, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
Quarters Ended
April 3, March 29,
2009 2008
(Unaudited) (Restated)
Cash flows from operating
activities:
Net income (loss) $856,480 $(864,956)
Adjustments to reconcile net
income (loss) to net cash
provided by (used in) operating
activities:
Depreciation and amortization 651,137 618,341
Amortization of deferred
financing costs 27,686 8,040
Share-based compensation 111,945 120,346
Changes in operating assets and
liabilities:
Accounts receivable 873,435 (496,982)
Inventories (846,931) (541,656)
Costs and estimated earnings in
excess of billings on
uncompleted contracts (705,867) -
Other current assets 50,300 32,203
Other assets 20,056 (15,524)
Accounts payable (94,314) 32,890
Accrued liabilities (32,582) (503,656)
Customer deposits 458,897 (17,024)
Income taxes payable 42,826 -
Deferred liabilities (3,330) 738
Net cash provided by (used in)
operating activities 1,409,738 (1,627,240)
Cash flows from investing
activities:
Purchases of capital assets (102,784) (351,845)
Cash proceeds from sale of
discontinued operations - 664,282
Net cash (used in) provided by
investing activities (102,784) 312,437
Cash flows from financing
activities:
Repayment of borrowings (72,916) (387,500)
Restricted cash returned - 250,000
Proceeds from the exercise of
stock options - 28,331
Proceeds from stock purchase plan
sales - 46,383
Net cash used in financing
activities (72,916) (62,786)
Net increase (decrease) in cash
and cash equivalents 1,234,038 (1,377,589)
Cash and cash equivalents at the
beginning of period 1,191,768 2,004,471
Cash and cash equivalents at the
end of period $2,425,806 $626,882
Supplemental disclosures of cash
flow information:
Cash paid during the year for:
Interest $73,901 $62,044
Merrimac Industries, Inc.
CONTACT: Mason N. Carter, Chairman & CEO, +1-973-575-1300, ext. 1202, mnc@merrimacind.com
Web Site: http://www.merrimacind.com/
Spirent OnDEMAND Data Center Testing Offers a Unified Suite of Services to Ensure Deployment of Green, High Availability Networks
LAS VEGAS, May 19 /PRNewswire/ --
- Spirent's Award Winning Solutions, Services Mitigate the Risk of
Migration to New, Advanced Data Centers
Spirent Communications plc (http://www.spirent.com/) (LSE: SPT), a
leader in networks, services and device testing, is showcasing its Spirent
OnDEMAND Data Center Testing service, a critical element of the industry's
first holistic approach to data center testing. Leveraging a team of testing
experts working both on and off-site, Spirent validates all aspects of a data
center to detect and mitigate performance, security, and scalability problems
before the launch of new or advanced infrastructure and applications. Spirent
was recently recognized by Frost & Sullivan as the leader in enterprise
network test and measurement solutions
(http://www.spirent.com/news/news.cfm?id=11482945&ref=home) for research and
evaluation labs.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090220/SPIRENTLOGO)
Spirent's OnDEMAND testing services enable data center operators to
successfully navigate the complexities of advanced data center technologies
by:
-- Delivering the industry's most comprehensive suite of data center
testing services which validate various aspects of these facilities
such as networking, network security, storage, virtualization, cloud
computing, collaboration and applications
-- Determining the energy efficiency of deployed or soon-to-be deployed
data center systems which measure GreenPut(TM), the throughput
per watt of network elements, and calculate the power consumed under
various traffic and session load
-- Seamlessly applying independent testing criteria to a variety of
deployment projects which include consolidating large underperforming
networks to a single more efficient network with high resource
utilization, extending the reach of the traditional data center into
the cloud computing environment; and upgrading existing IT
infrastructure to support new applications and proprietary enterprise
solutions
"Today's operators of enterprises and data centers are continually
seeking ways to best optimize their existing IT infrastructure and related
resources," said Lucinda Borovick, research vice president for IDC's data
center network services. "Such efforts go hand-in-hand with realigning the
cost of running these networks over time. As a result, the trend toward
migrating to virtualized data centers helps to address these issues. But
ultimate success hinges upon taking a holistic approach to understanding and
assessing the networks performance not just today but in the future."
The growing demand for collaboration applications and unified computing
architectures is forcing CIOs and CTOs within enterprise organizations to
evolve their data centers to more productive and cost-effective networks.
With Spirent's OnDEMAND services, data center operators can ensure the
highest possible return on their infrastructure investment while reducing the
cost of service down time by thoroughly testing performance against key
metrics.
"The pressure to reduce the total cost of ownership associated with data
center operations coupled with the strong focus on driving productivity and
gaining a robust return on investment is increasing the demand for holistic
solutions that help to meet these goals," said Neil Anderson, vice president,
Global Services at Spirent Communications. "With support from Spirent's
OnDEMAND services team, IT managers can significantly mitigate the potential
cost of flawed network deployments by detecting performance problems that can
lead to revenue loss, customer base erosion, and even brand damage."
For more information on Spirent's TestCenter OnDEMAND visit
www.spirent.com/go/ondemand or follow Spirent on Twitter at
www.twitter.com/spirentcomm.
About Spirent Communications plc
Spirent Communications (www.spirentcom.com) is a global provider of
integrated performance analysis and service assurance systems that enable the
development and deployment of next-generation networking technology such as
Internet telephony, broadband services, 3G wireless, global navigation
satellite systems, and network security equipment. Spirent Communications'
solutions are used by more than 1,700 customers in 30 countries, including
the world's largest equipment manufacturers, service providers, enterprises
and governments. Based in Sunnyvale, CA, Spirent Communications has 1,500
employees worldwide. For more information visit
http://www.spirent.com/news/about_spirent.cfm
Spirent Communications plc
Sailaja Tennati of Spirent Communications, +1-770-432-3225, sailaja.tennati@spirent.com. Logo: http://www.newscom.com/cgi-bin/prnh/20090220/SPIRENTLOGO
Saft - Tadiran : Exclusive Multi-Year Contract for Lithium Batteries to Power Advanced Water Meters
PARIS, May 19 /PRNewswire-FirstCall/ -- Tadiran Batteries, a wholly-owned subsidiary of Saft Groupe, has been awarded an exclusive two year contract for the supply of lithium batteries from a US based company, Neptune Technology Group Inc., one of the world's leading manufacturers of AMR/AMI meters for water utilities.
Tadiran Batteries' PulsesPlus(TM) battery is a proven system consisting of Tadiran's leading state of the art lithium thionyl chloride batteries combined with a breakthrough technology Hybrid Layer Capacitor (HLC). This proven technology is capable of supplying high energy density and high operating voltage under high pulse discharge currents.
The PulsesPlus(TM) batteries have a very wide operating temperature range of -40degreesC to +85degreesC and a very low self discharge rate (less than 0.5% per year).The battery can provide 10 to 20 years of operating life under extreme conditions with maximum safety.
These unique characteristics make PulsesPlus(TM) batteries suitable for demanding applications such as water and gas meters, AMR, toll tags, medical equipment, emergency locating and tracking systems as well as military applications.
Igal Carmi, CEO of Tadiran Batteries, said. "We are very proud to be associated with high tech companies such as Neptune. This is further proof of the high quality and excellent performance of our technology and products."
About Saft
Saft (Euronext: Saft) is a world specialist in the design and manufacture of high-tech batteries for industry. Saft batteries are used in high performance applications, such as industrial infrastructure and processes, transportation, space and defence. Saft is the world's leading manufacturer of nickel-cadmium batteries for industrial applications and of primary lithium batteries for a wide range of end markets. The group is also the European leader for specialised advanced technologies for the defence and space industries. With approximately 4,000 employees worldwide, Saft is present in 18 countries. Its 15 manufacturing sites and extensive sales network enable the group to serve its customers worldwide. Saft is listed in the SBF 120 index on the Paris Stock Market.
For more information, visit Saft at http://www.saftbatteries.com/
Press & Investor Relation contact :
Jill Ledger, Saft Corporate Communications and Institutional Relations
Director, Tel: +33-1-49-93-17-77; e-mail: jill.ledger@saftbatteries.com
Yannick Duvergé, Corporate Press contact, Financial Dynamics,
Tel: +33-1-47-03-68-10 - e-mail : yannick.duverge@fd.com
Saft
CONTACT: Press & Investor Relation contact : Jill Ledger, Saft Corporate Communications and Institutional Relations Director, Tel: +-33-1-49-93-17-77; e-mail: jill.ledger@saftbatteries.com; Yannick Duvergé, Corporate Press contact, Financial Dynamics, Tel: +33-1-47-03-68-10 - e-mail : yannick.duverge@fd.com
Verizon Business Receives Juniper Networks 2008 Top J-Partner of the Year AwardCompany Recognized for Accelerating Global Delivery of High-Performance Managed Networking Solutions
BASKING RIDGE, N.J., May 19 /PRNewswire/ -- Juniper Networks has awarded Verizon Business its 2008 Top J-Partner of the Year Award. The award recognizes Verizon Business' ongoing global success in leveraging Juniper Networks' innovative technology to deliver high-performance managed networking solutions, as well as the company's commitment to customer service excellence and generation of accelerating revenues.
"This award from Juniper Networks underscores the importance Verizon places on forging strong relationships with leading technology providers," said Nancy Gofus, senior vice president -- global business products, Verizon. "By combining our managed and professional services expertise with the high-performance platforms developed by Juniper Networks, Verizon is able to deliver the flexible, world-class IP-based solutions that enable large-business and government customers around the globe to operate more effectively by embracing the potential of IP-enabled networks and applications."
The award was presented on Monday evening (May 18) at Juniper Networks' annual J-Partner Channel Summit in Las Vegas.
Over the past year, Verizon Business has expanded its Juniper-based offerings. Earlier this year, Juniper Networks was one of the first leading suppliers to sign a global resale agreement with Verizon Business as part of its single-source model for the delivery of customer premises equipment and related support services in 122 countries and territories. In October 2008, Verizon Business expanded availability of its Managed WAN Optimization Service to countries in Europe and the Asia-Pacific region, helping enterprises to fine-tune network performance and improve application delivery.
In addition, in March 2008, Verizon Business became the first U.S.-based service provider to deliver management of the Juniper Networks J-series services routers.
"Verizon Business continues to push innovation by leveraging Juniper's high-performance network infrastructure to deliver a set of global managed offerings that few in the industry can match," said Frank Vitagliano, senior vice president -- worldwide channels, Juniper Networks. "The significant focus that Verizon Business has placed on extending its relationship with Juniper is demonstrated by the traction it has gained in selling Juniper-based services to enterprise customers around the globe."
Last year, Verizon Business received the Juniper Networks 2007 Americas Managed Services J-Partner of the Year Award. Verizon Business has been a Juniper Networks reseller since 2001 and an Elite member of the Juniper Networks J-Partner Program since its inception in 2005. To date, Verizon Business technical personnel have completed more than 420 Juniper Networks' certifications.
"Our relationship with Juniper Networks is all about providing large-business and government customers with choice and flexibility," said Kerry Bailey, senior vice president -- global services, Verizon Business. "This award demonstrates the value we deliver by leveraging our combined capabilities to provide enterprises with solutions necessary to be successful in a highly dynamic global marketplace."
Verizon Business manages 270,000-plus security, network and hosting devices across more than 4,000 customer networks spanning 142 countries and territories, overseeing non-Verizon connections from more than 60 network providers worldwide. Verizon Business' industry-leading service-level commitments and award-winning IMPACT management platform enable it to deliver on its commitments of innovation and service. Through 2,700 specially trained and experienced consultants, Verizon Business also offers a comprehensive set of standardized professional-service capabilities in 30 countries around the globe.
About Verizon Business
Verizon Business, a unit of Verizon Communications , is a global leader in communications and IT solutions. We combine professional expertise with the world's most connected IP network to deliver award-winning communications, IT, information security and network solutions. We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees -- enabling them to increase productivity and efficiency and help preserve the environment. Many of the world's largest businesses and governments -- including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions -- rely on our professional and managed services and network technologies to accelerate their business. Find out more at http://www.verizonbusiness.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon Business
CONTACT: Kevin W. Irland, +1-703-886-1117, kevin.w.irland@verizon.com
Web Site: http://www.verizonbusiness.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
Eutelsat W2A Satellite in C and Ku-band Goes Live and Captures New Business at 10 Degrees East
PARIS, May 19 /PRNewswire-FirstCall/ -- Eutelsat Communications (Euronext Paris: ETL) today announced the full entry into commercial service of the Ku-band and C-band missions of the W2A satellite which was launched on April 3. The high-capacity W2A satellite almost triples resources at Eutelsat's 10 degrees East position, which is one of the most longstanding locations in Europe and Africa for professional video, data and Internet services.
The transfer of services at 10 degrees East to W2A from Eutelsat's W1 satellite was carried out successfully in the night of May 18 to 19. These operations were coordinated by Eutelsat's satellite control centre at its Rambouillet teleport facilities, working in close collaboration with clients to ensure a seamless transfer.
The capacity that entered into commercial service this morning enables Eutelsat to provide full continuity of service for clients already operating in Ku-band in extended Europe from 10 degrees East. It also brings Eutelsat significant headroom for expansion for new customers and extends coverage into new regions with high growth potential at a key orbital location.
With W2A's entry into service Eutelsat has also introduced a new mission comprising 10 C-band transponders. Centred over the African continent, the C-band footprint takes in large parts of the Middle East and central Asia to the East and stretches across to Latin America in the West. This capacity has enabled Eutelsat to immediately initiate new multi-year contracts with clients that notably include France Telecom for long-distance services between Europe and Africa, and with LR Group which has contracted for three 72 MHz transponders for enterprise communications and for connecting fixed and mobile telephony networks in Angola.
Following this redeployment Eutelsat's W1 satellite will be repositioned to 4 degrees East in early June where it will operate under the name EUROBIRD(TM) 4A.
W2A key figures
Platform: Thales Alenia Space Spacebus 4000C4
Height: 7.5 m
Length: 3.8 m
Width: 2.6 m
Width with solar panels deployed: 2 x 57 m2
Mass at launch: 5.9 tonnes
Power at end-of-life: 15.4 kW
Orbital position: 10degrees East
Payload entered into service 19 may Up to 46 Ku-band transponders 10
C-band transponders
About Eutelsat Communications
Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is the holding company of Eutelsat S.A.. With capacity commercialised on 27 satellites that provide coverage over the entire European continent, as well as the Middle East, Africa, India and significant parts of Asia and the Americas, Eutelsat is one of the world's three leading satellite operators in terms of revenues. At 31 December 2008, Eutelsat's satellites were broadcasting 3,200 television channels and 1,100 radio stations. More than 1,100 channels broadcast via its HOT BIRD(TM) video neighbourhood at 13 degrees East which serves over 120 million cable and satellite homes in Europe, the Middle East and North Africa. The Group's satellites also serve a wide range of fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates services through teleports in France and Italy that serve enterprises, local communities, government agencies and aid organisations in Europe, Africa, Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries employ 591 commercial, technical and operational experts from 28 countries.
http://www.eutelsat.com/
For further information
Press contacts
Vanessa O'Connor Tel: +33-1-53-98-38-88 voconnor@eutelsat.fr
Frederique Gautier Tel: +33-1-53-98-38-88 fgautier@eutelsat.fr
Investor relations
Gilles Janvier Tel: +33-1-53-98-35-30
investors@eutelsat-communications.com
Eutelsat Communications
CONTACT: For further information: Press contacts: Vanessa O'Connor, Tel: +33-1-53-98-38-88, voconnor@eutelsat.fr; Frederique Gautier, Tel: +33-1-53-98-38-88, fgautier@eutelsat.fr; Investor relations: Gilles Janvier, Tel: +33-1-53-98-35-30, investors@eutelsat-communications.com
Saft - Tadiran : contrat pluri-annuel de fourniture de batteries lithium pour les compteurs d'eau
PARIS, May 19 /PRNewswire/ --
- Tadiran remporte un contrat pluri-annuel pour la fourniture de
batteries lithium pour les compteurs d'eau
PARIS, May 19 /PRNewswire/ --
Tadiran Batteries, filiale à 100% de Saft Groupe, vient de remporter un
contrat exclusif de deux ans pour fournir des batteries lithium à la société
américaine Neptune Technology Group Inc., l'un des leaders mondiaux des
systèmes de relevés de compteurs automatisés pour les entreprises de
distribution d''eau.
La batterie PulsesPlus(TM) de Tadiran Batteries est un système éprouvé
qui associe un savoir-faire en matière de batteries lithium-chlorure de
thionyle et un condensateur à couche hybride innovant (HLC). Cette
technologie éprouvée fournit en décharge une forte densité d'énergie ainsi
qu'une tension élevée sous des pulses de courants forts.
Les batteries PulsesPlus(TM) affichent une large plage de température de
fonctionnement entre -40degrésC et +85degrésC ainsi qu'un courant de fuite en
autodécharge très faible (moins de 0,5% par an). La batterie permet d'assurer
une durée de vie de 10 et 20 ans dans des conditions extrêmes, avec un
maximum de sécurité.
Ces caractéristiques uniques font de PulsesPlus(TM) des batteries qui
conviennent aux applications exigeantes que sont les compteurs d'eau, de gaz,
les systèmes de relevés de compteurs et de péage autoroutier automatisés, les
équipements médicaux, les systèmes de localisation d'urgence et de suivi,
ainsi que les applications militaires.
Igal Carmi, Président de Tadiran Batteries, a déclaré: "Nous
sommes très fiers d'être associés à des sociétés de haute technologie telle
que Neptune. Il s'agit d'une preuve supplémentaire de la haute qualité et des
excellentes performances de nos technologies et de nos produits.>>
A propos de Saft
Saft (Euronext : Saft) est le spécialiste mondial de la
conception et de la production de batteries de haute technologie pour
l'industrie. Les batteries Saft sont utilisées dans les applications de haute
performance, notamment dans les infrastructures et processus industriels, le
transport, l'espace et la défense. Saft est le premier fabricant mondial de
batteries au nickel-cadmium à usage industriel et de piles au lithium
primaire pour des applications variées. Le groupe est également le premier
producteur européen de batteries de technologies spécialisées pour la défense
et l'espace. Avec un effectif global d'environ 4000 salariés, Saft est
présent dans 18 pays. Ses 15 sites de production et son réseau commercial lui
permettent de servir ses clients dans le monde entier. Saft figure au sein de
l'indice SBF 120 de la Bourse de Paris.
Pour toute information complémentaire, consultez le site
http://www.saftbatteries.com
Contacts presse :
Jill Ledger, Saft, Directrice de la Communication institutionnelle et des
relations investisseurs,
Tél.: +33-1-49-93-17-77, jill.ledger@saftbatteries.com;
Yannick Duvergé, Financial Dynamics, Corporate Press contact,
Tél.: +33-1-47-03-68-10, yannick.duverge@fd.com.
Saft
Contacts presse : Jill Ledger, Saft, Directrice de la Communication institutionnelle et des relations investisseurs, Tél.: +33-1-49-93-17-77, jill.ledger@saftbatteries.com; Yannick Duvergé, Financial Dynamics, Corporate Press contact, Tél.: +33-1-47-03-68-10, yannick.duverge@fd.com.
Les ressources en bande KU et C du satellite W2A d'Eutelsat entrent en service a la position 10degrés Est et activent de nouveaux contrats
PARIS, May 19 /PRNewswire/ -- Eutelsat Communications (Euronext Paris : ETL) annonce aujourd'hui
l'entrée en service des charges utiles en bande Ku et en bande C de son
satellite W2A lancé le 3 avril 2009. Ce nouveau satellite de très grande
capacité multiplie par près de trois les ressources d'Eutelsat à la position
10 degrés Est, l'une des premières positions orbitales sur les marchés des
services de vidéo professionnelle, de données et de haut débit en Europe et
en Afrique.
Le transfert des services exploités précédemment sur le satellite W1 vers
le satellite W2A a été mené à bien dans la nuit du 18 au 19 mai. Ces
opérations ont été réalisées par le centre de contrôle d'Eutelsat sur son
téléport de Rambouillet (France) en étroite collaboration avec les clients
assurant un transfert sans rupture.
L'entrée en service de W2A permet à Eutelsat d'assurer la continuité des
services en bande Ku exploités en Europe étendue par ses clients à 10 degrés
Est. Il dote également cette position orbitale de ressources additionnelles,
associées une couverture géographique élargie, pour en accompagner la
croissance sur de nouvelles régions à fort potentiel de développement.
Le satellite W2A introduit également une nouvelle charge utile de 10
répéteurs en bande C. Ces répéteurs sont associés à un large faisceau centré
sur le continent africain, s'étendant vers l'Inde et certaines parties de
l'Asie ainsi que jusqu'en Amérique latine. L'ouverture de ces ressources a
permis d'activer immédiatement un ensemble de contrats majeurs, portant sur
plusieurs années de location de capacité, auprès de clients comme France
Telecom, pour des services de télécommunications longue distance entre
l'Europe et l'Afrique, ou encore LR Group avec un contrat de trois répéteurs
de 72 MHz pour des services aux entreprises et d'interconnexion de réseaux de
téléphonie fixe et mobile en Angola.
Libéré de sa mission à 10 degrés Est, le satellite W1 sera prochainement
redéployé à la position 4 degrésEst pour une nouvelle mission qui devrait
démarrer début juin. Le satellite y sera exploité sous le nom d'EUROBIRD(TM)
4A.
Statistiques du satellite W2A entré en service le 19 mai
Plateforme : Spacebus 4000C4 de Thales Alenia Space
Hauteur : 7,5 m
Longueur : 3,8 m
Largeur : 2,6 m
Surface avec panneaux
solaires déployés: 2 x 57m2
Masse au lancement : 5,9 Tonnes
Puissance en fin de vie: 15,4 kW
Position orbitale: 10 degrésEst
Charges utiles entrées
en service le 19 mai Jusqu'à 46 répéteurs en bande Ku et 10 en
bande C
A propos d'Eutelsat Communications
Avec des ressources en orbite sur 27 satellites offrant une couverture
sur toute l'Europe, le Moyen-Orient, l'Afrique, l'Inde et de larges zones de
l'Asie et du continent américain, Eutelsat est l'un des trois premiers
opérateurs mondiaux en termes de revenus. Au 31 décembre 2008, la flotte des
satellites d'Eutelsat assurait la diffusion de 3 200 chaînes de télévision et
1 100 stations de radio. Plus de 1 100 programmes de télévision sont diffusés
par les satellites HOT BIRD(TM) à la position orbitale 13 degrés Est vers une
audience de plus de 120 millions de foyers recevant le câble et le satellite
en Europe, au Moyen-Orient et en Afrique du Nord. La flotte d'Eutelsat
distribue également une large gamme de services fixes et mobiles de
télécommunications et de diffusion de données pour les réseaux vidéo
professionnels et les réseaux d'entreprise, ainsi qu'un portefeuille
d'applications haut débit pour les fournisseurs d'accès Internet et pour les
transports routiers, maritimes et aériens. Filiale d'Eutelsat dédiée à
l'exploitation de services IP sur les téléports d'Eutelsat en France et en
Italie, Skylogic commercialise ses services auprès des entreprises, des
collectivités locales, des administrations et des organisations humanitaires,
en Europe, en Afrique, en Asie et sur le continent américain. Eutelsat, qui a
son siège à Paris, emploie, avec ses filiales, 591 experts commerciaux,
techniques et opérationnels originaires de 28 pays.
http://www.eutelsat.com
Pour plus d'information:
Contacts Presse:
Vanessa O'Connor,
Tel: +33-1-53-98-38-88,
voconnor@eutelsat.fr;
Frédérique Gautier,
Tel: +33-1-53-98-38-88,
fgautier@eutelsat.fr .
Relations investisseurs:
Gilles Janvier,
Tel: +33-1-53-98-35-35,
investors@eutelsat-communications.com.
Eutelsat Communications
Pour plus d'information: Contacts Presse: Vanessa O'Connor, Tel: +33-1-53-98-38-88, voconnor@eutelsat.fr; Frédérique Gautier, Tel: +33-1-53-98-38-88, fgautier@eutelsat.fr . Relations investisseurs: Gilles Janvier, Tel: +33-1-53-98-35-35, investors@eutelsat-communications.com.
LTE to Reach 100 Million Subscriptions Faster Than Any Previous Mobile Standard, Finds Pyramid Research
CAMBRIDGE, Massachusetts, May 19 /PRNewswire/ --
The number of Long Term Evolution (LTE) subscriptions worldwide will grow
at a CAGR of 404 percent from 2010 to 2014, a pace faster than any previous
mobile standard including 3G, according to a new report from Pyramid Research
(www.pyr.com), the telecom research arm of the Light Reading Communications
Network (www.lightreading.com).
LTE's Five-Year Global Forecast: Poised to Grow Faster than 3G
identifies the main technical and business drivers, as well as the challenges
for the LTE platform, and analyzes its market opportunity in comparison with
earlier mobile technologies in their first few years of commercialization.
The 19-page report provides Pyramid Research's five-year outlook on LTE
adoption, highlighting the largest LTE markets, and comparing adoption rates
in emerging and developed markets. It also examines the LTE-related products,
demos, and announcements of six of the largest vendors worldwide, including
an analysis of how they compare with one another in terms of time to market
and customer wins. Download an excerpt of this report here:
http://www.pyr.com/downloads.htm?id=5&sc=PR051909_ING1.1
For the first time, most of the major players, operators, and
vendors alike, are behind the same mobile standard, notes Daniel Locke,
analyst at Pyramid Research and author of the report. "By using LTE's more
efficient and cost-effective flat IP architecture, mobile operators can
transfer the savings to end users in the form of lower prices for access,
faster data rates, and higher traffic allowances for a wider adoption of
mobile data services," he says. "To date, 27 mobile operators worldwide have
publicly committed to deploying LTE, with 12 of them expected to roll out
commercial services in 2010 and the remainder during 2011 and 2012," he adds.
Pyramid expects LTE to grow more rapidly than preceding mobile
standards in terms of subscriptions. "While it took nearly six years for
UMTS/HSPA to reach 100 million subscriptions, Pyramid predicts that LTE will
take just over four years to reach the same milestone," explains Locke. "The
number of LTE subscriptions worldwide will grow at a CAGR of 404 percent from
2010 to 2014 and reach 136 million by year-end 2014," he says.
"The majority of LTE subscriptions in the early stage will come
in developed markets, where most of the first LTE deployments will occur -
with the US and Japan leading," Locke says. "However, LTE will grow 30
percent faster in emerging markets than developed ones; subscriptions in
emerging markets will account for 43 percent of the LTE total in 2014, up
from 5 percent in 2010," he adds. Fueled by vendor support of TDD-mode,
growth in emerging markets will be driven largely by China with 36.1 million
subscriptions in 2014.
LTE's Five-Year Global Forecast: Poised to Grow Faster than 3G is part of
Pyramid Research's Telecom Insider report series. Telecom Insiders are packed
with trend analysis, industry best practices, market sizing and forecasting,
competitor analysis, and case studies, providing you information you can
leverage to make better business decisions.
Download an excerpt of this report here:
http://www.pyr.com/downloads.htm?id=5&sc=PR051909_ING1.1
LTE's Five-Year Global Forecast: Poised to Grow Faster than 3G is priced
at US$595 and can be purchased online here:
http://www.pyramidresearch.com/store/ins_gl_090513.htm?sc=PR051909_ING1.1 or
by contacting Jeff Claudino via email at claudino@pyr.com or telephone at
+1-619-229-9940.
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
Acxiom Selects CA Infrastructure, Security, Mainframe and Application Performance Management Solutions to Increase IT Efficiency and Drive Business Success
ISLANDIA, N.Y., May 19 /PRNewswire-FirstCall/ -- CA, Inc. today announced that Acxiom(R) Corporation, a global provider of interactive marketing services, has selected CA to help transform its global IT infrastructure to enable it to quickly adapt to the company's rapidly changing business needs.
The deal, valued at $35 million in products and services, includes more than 16 solutions based on CA's Enterprise IT Management (EITM) vision, including Application Performance Management, Identity & Access Management, Infrastructure Management, Mainframe Management, Project & Portfolio Management, and Service Management, among others. CA won the business in a competitive bid.
"After a detailed review of potential IT partners, we chose CA because its Enterprise IT Management solutions fully support Acxiom's business strategies," said David Guzman, senior vice president, Global Technical Solutions for Acxiom. "We pride ourselves on our ability to help our customers make sense of the tremendous volume of information that is available to them with the confidence they are doing so in a secure fashion. CA's solutions clearly demonstrate to us that we can expect the same level of insight from our own IT infrastructure."
Operational efficiency is a critical ingredient to success, especially during challenging economic times. For Acxiom, pursuing this goal requires a transformation, one that helps the company to expand its offerings and geographic reach while improving cost controls and cash position. After reviewing its business processes, Acxiom concluded that the company's technology infrastructure needed to evolve to achieve a secure and efficient IT operation. Acxiom also determined that its existing IT and security management tools would be insufficient to meet its future needs. As a result, the company conducted a rigorous search for a new IT solutions partner.
Acxiom required new solutions that would deliver additional services, help it reduce operational expenses and provide a platform for growth while maintaining service levels. As a result, the company turned to CA to deliver an integrated set of software solutions that provide cost-effective and operationally efficient governance, management, and security capabilities across its entire IT infrastructure.
"When organizations undertake a change of this magnitude, they look for strong, integrated IT management offerings that support enterprise-wide operations," said CA CEO John Swainson. "CA is focused on developing and delivering to the marketplace software that enables organizations to benefit from best-in-class service levels, while bringing efficiency, security and cost-effectiveness to their technology infrastructure. CA's EITM vision and solutions help companies map IT services directly to business needs, and support the transformation of a company's technology infrastructure from just a cost center expense to a source of competitive advantage."
With CA's EITM solutions in place, Acxiom will continue to drive efficiencies in the way the company connects clients with end customers. Acxiom's innovative information management solutions provide critical insights into consumer relationships that help companies acquire and build stronger, more profitable relationships with their customers. As the developer of some of the largest and most sophisticated business intelligence and marketing databases in the world, Acxiom's customer information management solutions help close gaps in customer knowledge -- a key factor enabling Acxiom's clients to sustain and grow their businesses.
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About CA
CA is the world's leading independent IT management software company. With CA's Enterprise IT Management (EITM) vision and expertise, organizations can more effectively govern, manage and secure IT to optimize business performance and sustain competitive advantage. For more information, visit http://www.ca.com/.
About Acxiom
Acxiom is a global leader in interactive marketing services, connecting clients with their customers through deep customer insight, powering effective and profitable marketing initiatives and business decisions. Our consultative approach spans multiple industries and incorporates decades of experience in consumer data and analytics, information technology, data integration and consulting solutions for effective marketing across digital, Internet, email, mobile and direct mail channels. Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas, and serves clients around the world from locations in the United States, Europe and Asia-Pacific. For more information about Acxiom, visit http://www.acxiom.com/ or call 1-888-3ACXIOM.
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Trademarks
Copyright (C) 2009 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. Acxiom is a registered trademark of Acxiom Corporation. All other trademarks, trade names, service marks and logos referenced herein belong to their respective companies.
Contact
Bill Warren
CA, Inc.
(212) 415-6925
william.warren@ca.com
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CA
CONTACT: Bill Warren of CA, Inc., +1-212-415-6925, william.warren@ca.com
Web Site: http://www.ca.com/
LTE to Reach 100 Million Subscriptions Faster Than Any Previous Mobile Standard, Finds Pyramid Research
CAMBRIDGE, Mass., May 19 /PRNewswire-FirstCall/ -- The number of Long Term Evolution (LTE) subscriptions worldwide will grow at a CAGR of 404 percent from 2010 to 2014, a pace faster than any previous mobile standard including 3G, according to a new report from Pyramid Research (http://www.pyr.com/), the telecom research arm of the Light Reading Communications Network (http://www.lightreading.com/).
LTE's Five-Year Global Forecast: Poised to Grow Faster than 3G identifies the main technical and business drivers, as well as the challenges for the LTE platform, and analyzes its market opportunity in comparison with earlier mobile technologies in their first few years of commercialization. The 19-page report provides Pyramid Research's five-year outlook on LTE adoption, highlighting the largest LTE markets, and comparing adoption rates in emerging and developed markets. It also examines the LTE-related products, demos, and announcements of six of the largest vendors worldwide, including an analysis of how they compare with one another in terms of time to market and customer wins. Download an excerpt of this report here: http://www.pyr.com/downloads.htm?id=5&sc=PR051909_ING1.1
For the first time, most of the major players, operators, and vendors alike, are behind the same mobile standard, notes Daniel Locke, analyst at Pyramid Research and author of the report. "By using LTE's more efficient and cost-effective flat IP architecture, mobile operators can transfer the savings to end users in the form of lower prices for access, faster data rates, and higher traffic allowances for a wider adoption of mobile data services," he says. "To date, 27 mobile operators worldwide have publicly committed to deploying LTE, with 12 of them expected to roll out commercial services in 2010 and the remainder during 2011 and 2012," he adds.
Pyramid expects LTE to grow more rapidly than preceding mobile standards in terms of subscriptions. "While it took nearly six years for UMTS/HSPA to reach 100 million subscriptions, Pyramid predicts that LTE will take just over four years to reach the same milestone," explains Locke. "The number of LTE subscriptions worldwide will grow at a CAGR of 404 percent from 2010 to 2014 and reach 136 million by year-end 2014," he says.
"The majority of LTE subscriptions in the early stage will come in developed markets, where most of the first LTE deployments will occur - with the US and Japan leading," Locke says. "However, LTE will grow 30 percent faster in emerging markets than developed ones; subscriptions in emerging markets will account for 43 percent of the LTE total in 2014, up from 5 percent in 2010," he adds. Fueled by vendor support of TDD-mode, growth in emerging markets will be driven largely by China with 36.1 million subscriptions in 2014.
LTE's Five-Year Global Forecast: Poised to Grow Faster than 3G is part of Pyramid Research's Telecom Insider report series. Telecom Insiders are packed with trend analysis, industry best practices, market sizing and forecasting, competitor analysis, and case studies, providing you information you can leverage to make better business decisions.
Download an excerpt of this report here: http://www.pyr.com/downloads.htm?id=5&sc=PR051909_ING1.1
LTE's Five-Year Global Forecast: Poised to Grow Faster than 3G is priced at $595 and can be purchased online here: http://www.pyramidresearch.com/store/ins_gl_090513.htm?sc=PR051909_ING1.1 or by contacting Jeff Claudino via email at claudino@pyr.com or telephone at +1-619-229-9940.
About Pyramid Research
Pyramid Research (http://www.pyr.com/) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries-a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (http://www.lightreading.com/) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About TechWeb
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on number of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/.
Press contact:
Jennifer Baker
+1 617 871-1910
jbaker@pyr.com
Pyramid Research
CONTACT: Jennifer Baker, +1-617-871-1910, jbaker@pyr.com
Web Site: http://www.pyr.com/
More 3G Wireless Coverage for Porter Ranch, California ResidentsNew Verizon Wireless cell site also adds capacity to stay ahead of demand for calls, email and text
IRVINE, Calif., May 19 /PRNewswire/ -- Los Angeles County residents, businesses and visitors are enjoying improved service thanks to a new Verizon Wireless cell site. The site expands 3G wireless coverage in Porter Ranch, near the intersection of Sesnon Boulevard and Porter Ranch Drive. The increase in network coverage and capacity means more calls for locals.
Verizon Wireless invested over $600 million in California during 2008 to enhance service and coverage. Nationally, the company has invested more than $48 billion in its network since it was formed in 2000. The result is the nation's largest, most reliable 3G network that powers services such as Mobile Broadband and email.
Businesses of any size can tap into the power of Mobile Broadband. The service allows users to connect to the Internet wirelessly while on the go to download music over-the-air, and access e-mail or corporate data. For example, customers can download a small 1 megabyte PowerPoint(R) presentation in about eight seconds and upload the same-sized file in less than 13 seconds.
Small business owners interested in Mobile Broadband, and other wireless solutions, can visit http://smallbusiness.vzw.com/ where they will find:
-- An online forum to share experiences and connect with other business
owners
-- Access to Small Business Specialists in each Verizon Wireless store
-- Discounts and promotions to help businesses stretch their budgets
-- Summaries of mobile solutions like email, wireless Internet and Push
to Talk service
-- 24/7 tech support
Verizon Wireless tests its network and those of its competitors. The company determines if voice calls and data connections are successful on the first attempt and stay connected. Nationally, Verizon Wireless' real-life test men and women drive 91 specially equipped vehicles almost 1,000,000 miles annually. They drive on Interstate, U.S. and state highways, as well as major roads and streets in high-population areas, based upon U.S. Census counts. 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: Ken Muche of Verizon Wireless, +1-949-286-8193, Ken.Muche@VerizonWireless.com
Web Site: http://www.verizonwireless.com/
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