Companies news of 2009-06-23 (page 1)
Novellus' Peter Wolters Division Develops 22nm Double-Sided Silicon Wafer Polish Process
Autodesk Leverages NVIDIA GPU Computing to Bolster Moldflow Software Performance
Autodesk Increases Moldflow Performance Two Fold
Novellus' Peter Wolters Division Develops 22nm Double-Sided Silicon Wafer Polish...
Belden Announces Potential Private Placement of Senior Subordinated Notes and Amendment to...
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Novellus' Peter Wolters Division Develops 22nm Double-Sided Silicon Wafer Polish Process
SAN JOSE, California, June 23 /PRNewswire/ --
- MicroLine(R) Technology Produces Extremely Flat Wafers to Meet Chip
Manufacturing Lithography Requirements at 22nm And Beyond
To address the challenges of wafer polishing at future technology nodes,
Peter Wolters GmbH, a wholly-owned subsidiary of Novellus Systems (Nasdaq:
NVLS), has recently developed advanced polishing technology for its MicroLine
AC 1500-P3 and AC 2000-P3 double-sided silicon wafer polishing (DSP) systems
that will meet the lithography requirements for semiconductor device
manufacturing at 22nm and beyond.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090623/AQ36601)
With current state-of-the-art semiconductor manufacturers beginning to
enter 32nm high-volume manufacturing, leading manufacturers of wafer
polishing equipment are already considering the planarity requirements for
silicon wafers at the 22nm technology node. At these next generation nodes,
extremely tight requirements are being placed on both the shape of the prime
wafer and the flatness of its surface. Since semiconductor device structures
are patterned using optical lithography, the achievable process window or
depth of focus becomes governed by the flatness of the area being exposed by
the optical beam. The "degree of silicon wafer local flatness" as measured by
the Site Frontside Least Squares Focal Plane Range metric (or SFQR, see
Figure 1) defines the acceptable level of silicon wafer surface planarity for
use in advanced IC manufacturing. Lithography processes require the SFQR
value to be much smaller than the depth of focus. To meet the current needs
of 32nm lithography, the SFQR-max value is typically less than 30nm for a
site size of 26 mm x 8 mm with an edge exclusion of 2 mm. A double-sided
silicon wafer polish is required to achieve low SFQR values at these advanced
nodes. Another significant challenge during the polishing step is to control
wafer planarity (parallel front and back wafer surfaces) while preventing the
pad from rounding the edge of the wafer.
Peter Wolters has engineered advanced, patent-pending sensor and process
control capabilities into its latest polishing systems, allowing the AC-1500
P3 and the AC-2000 P3 to achieve SFQR-max values of less than 20nm -a
requirement for 22nm lithography (see Figure 2). Excellent front to backside
parallelism is achieved using stress-free guidance of the wafer throughout
the polish step. The process control enabled by this new technology delivers
a more homogeneous polishing process with no edge rounding out to 1 mm of
edge exclusion. When used for today's 4Xnm and 3Xnm production, the
MicroLine's flatter wafers widen the depth of focus process window, resulting
in improved critical dimension control. This larger process window increases
patterning yield and lithography productivity through better
scanner-to-scanner matching and reduced qualification and set-up time.
"The in-situ data obtained by the MicroLine's temperature and eddy
current sensors allow us to adjust the process parameters to match the
polishing consumables with the incoming wafer geometry," said Kay Petersen,
executive vice president of Novellus' Industrial Applications group. "Our
silicon wafer polish systems are ready today to enable 22nm lithography
development."
For more information on Peter Wolters' double-sided prime wafer polishing
technology, go to www.NovellusTechNews.com.
About Peter Wolters:
Peter Wolters GmbH, a component of Novellus' Industrial Applications
group, is a leading manufacturer of high precision surface polishing systems
for substrates made of silicon, sapphire, gallium arsenide, silicon carbide
and other materials used in the manufacturing of microelectronic,
micro-optical, and micromechanical devices. The company's AC-1500 P3 and
AC-2000 P3 double sided polishing systems provide world class process results
in terms of local and global geometry control (SFQR, GBIR) and haze removal.
Peter Wolters is headquartered in Rendsburg, Germany.
About Novellus:
Novellus Systems, Inc. (Nasdaq: NVLS) is a leading provider of advanced
process equipment for the global semiconductor industry. The company's
products deliver value to customers by providing innovative technology backed
by trusted productivity. An S&P 500 company, Novellus is headquartered in San
Jose, Calif. with subsidiary offices across the globe. For more information,
please visit www.novellus.com
Novellus Systems, Inc.
Bob Climo of Novellus Systems, Inc., +1-408-943-9700, bob.climo@novellus.com; or Marla Kertzman of The Hoffman Agency, +1-408-975-3032, mkertzman@hoffman.com, for Novellus Systems, Inc.; Photo: http://www.newscom.com/cgi-bin/prnh/20090623/AQ36601
Autodesk Leverages NVIDIA GPU Computing to Bolster Moldflow Software Performance
CHICAGO, June 23 /PRNewswire-FirstCall/ -- NPE 2009 -- Autodesk, Inc. today announced that it has significantly increased the performance of the latest release of Autodesk Moldflow Insight 2010, part of its software suite for plastics injection molding, by further leveraging cutting-edge GPU technology from NVIDIA Corporation.
Part of the Autodesk solution for Digital Prototyping, Autodesk Moldflow software simulates the injection molding process to predict the flow behavior of plastic, allowing customers to help simulate and optimize their plastic parts and associated molds and achieve higher-quality and more profitable manufacturing. Moldflow 2010 is the first plastic injection molding software in the computer aided engineering (CAE) market to leverage the revolutionary NVIDIA CUDA parallel processing architecture of the NVIDIA Quadro FX 4800 and Quadro FX 5800 GPUs, which has resulted in a more than 2X performance increase.
"Autodesk is absolutely driven to improve the performance of our Moldflow product line, and unlocking the power of NVIDIA Quadro GPUs provided a great opportunity to do so when we developed Moldflow 2010," said Samir Hanna, vice president of Digital Factory and Industrial Design for the Autodesk Manufacturing Industry Group. "Only a few years ago, analyzing plastics injection molding in true 3D was a slow process, but now Autodesk Moldflow users can reap the benefits of these new speed gains and reduce analysis times by multiple factors."
The CUDA architecture enables the distribution of a computational workload across the GPU's many hundreds of processor cores, resulting in the capability to deliver an unprecedented level of graphics realism at ever increasing speeds. This increase is an important step in the Digital Prototyping process as it allows CAE analysts and engineers to create and analyze more design variations in less time, reducing the time to the final digital representation and improving plastic part designs.
"We are pleased to have worked so closely with Autodesk to deliver a truly unique solution for the design of plastic parts and molds," said Jeff Brown, general manager, Professional Solutions, NVIDIA. "By taking full advantage of CUDA and NVIDIA GPUs, plastics specialists and analysts are now able to benefit from added graphics capabilities and experience process simulations at higher rates than ever before."
Autodesk will be showcasing Autodesk Moldflow 2010 at the International Plastics Showcase taking place June 22-26, in Chicago.
For more information on NVIDIA Quadro, visit http://www.nvidia.com/quadro.
About Autodesk
Autodesk, Inc., is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art Digital Prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.
Autodesk, AutoCAD, Autodesk Inventor Moldlfow, and Inventor are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product offerings and specifications at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.
(C) 2009 Autodesk, Inc. All rights reserved.
Contact: Clay Helm 415.547.2425 Alyson Moses 312.297.7430
Email: clay.helm@autodesk.com alyson.moses@edelman.com
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Autodesk, Inc.
CONTACT: Clay Helm of Autodesk, Inc., +1-415-547-2425, clay.helm@autodesk.com; or Alyson Moses, +1-312-297-7430, alyson.moses@edelman.com, for Autodesk, Inc.
Web Site: http://www.autodesk.com/ http://www.nvidia.com/
Autodesk Increases Moldflow Performance Two Fold
CHICAGO, June 23 /PRNewswire-FirstCall/ -- NPE 2009 -- Autodesk, Inc. today introduced the latest release of its industry-leading Moldflow software suite for plastics injection molding simulation and optimization.
Scheduled for next month, Autodesk Moldflow 2010, second release, part of the Autodesk solution for Digital Prototyping, offers enhanced performance, accuracy and interoperability with mainstream computer-aided design (CAD) applications. The plastics injection molding software suite is among the first in the computer-aided engineering (CAE) market to take advantage of the processing power of high-performance graphics processing unit (GPU) technology to solve complex computations twice as fast. Customers will benefit from higher accuracy for their plastics simulations through sophisticated improvements to 3D mesh analysis quality for parts and assemblies. Finally, native support for Autodesk Inventor software and a variety of other CAD models improves Moldflow integration with the product design and development process.
"We're focused on helping manufacturers reduce errors and improve injection mold performance--resulting in higher product quality and faster time to market," said Samir Hanna, vice president of Digital Factory and Industrial Design for the Autodesk Manufacturing Industry Group. "With the second release of Moldflow 2010, we are providing our customers with higher accuracy than ever before. Customers can troubleshoot and optimize plastic parts from the start of the product design cycle all the way to the manufacturing process."
The unique properties of plastics allow manufacturers to make high-quality parts that are light and strong with a high degree of repeatability. Yet there are also many challenges associated with plastics that are crucial to a product's success, such as visual defects or warpage (that is, changes that cause the part to no longer fit during assembly), that can result from a design misstep or the manufacturing process. Designers and engineers can use Autodesk Moldflow software to balance structural integrity and aesthetics when addressing these challenges, particularly for consumer products, automotive interiors and high-end building products.
"Moldflow software has a history of increasing analysis speed with every major release," said Brian Cutler, process simulation engineer, Synventive Molding Solutions. "The new graphics processing unit and 3D Parallel Flow capabilities in Moldflow 2010 will allow us to take maximum advantage of our computing power."
With the 2010 release, Autodesk simplified the Moldflow product line to bring customers more value at a lower cost. Autodesk Moldflow Insight offers powerful, in-depth simulation of the industry's most advanced molding processes using the world's largest plastics material database. Autodesk Moldflow Adviser simplifies plastics injection molding simulation and guides designers through analysis and results interpretation, helping to avoid manufacturing delays and costly mold rework. The new Moldflow 2010 release continues to set the bar for the industry through:
-- Speed--A single 3D flow analysis taps into hardware advancements by
using multiple central processing unit (CPU) cores. Multithreading
technology accelerates Autodesk Moldflow software analysis times by a
factor of two (depending on the model). To achieve even greater speed
gains, Autodesk Moldflow software also is the first plastics
simulation software to leverage cutting-edge GPU technology from
NVIDIA Corporation for analysis calculations in combination with the
multiple CPU cores.
-- CAD integration--Autodesk has enhanced multi-CAD application support
in Insight, and CAD models that are created or modified in Inventor
software can now be imported directly into both Adviser and Insight.
Insight users can import a part or a complete assembly at once. Once
the CAD model has been imported, the user has full control over the
meshing process and can refine the surface mesh in a specific spot
where more detail is required, while leaving another area coarser.
-- Accuracy--Improvements to meshing technology for 3D models enable more
accurate predictions of plastics designs and processes. For example,
the software provides better mesh quality in areas where the part
makes a transition from a thick to thin area, in corners and at the
edge of a part.
About Autodesk
Autodesk, Inc., is a world leader in 2D and 3D design software for the manufacturing, building and construction, and media and entertainment markets. Since its introduction of AutoCAD software in 1982, Autodesk has developed the broadest portfolio of state-of-the-art Digital Prototyping solutions to help customers experience their ideas before they are real. Fortune 1000 companies rely on Autodesk for the tools to visualize, simulate and analyze real-world performance early in the design process to save time and money, enhance quality and foster innovation. For additional information about Autodesk, visit http://www.autodesk.com/.
Editorial Note: Autodesk Moldflow product videos are available on the Autodesk YouTube Channel at http://www.youtube.com/view_play_list?p=C8F7216A8B808086.
Autodesk, AutoCAD, Autodesk Inventor, Inventor and Moldflow are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product offerings and specifications at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.
(C) 2009 Autodesk, Inc. All rights reserved.
Contact: Clay Helm 415.547.2425 Alyson Moses 312.297.7430
Email: clay.helm@autodesk.com alyson.moses@edelman.com
(Logo: http://www.newscom.com/cgi-bin/prnh/20050415/SFF034LOGO)
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Autodesk, Inc.
CONTACT: Clay Helm of Autodesk, Inc., +1-415-547-2425, clay.helm@autodesk.com, or Alyson Moses, +1-312-297-7430, alyson.moses@edelman.com, for Autodesk, Inc.
Web Site: http://www.autodesk.com/
Novellus' Peter Wolters Division Develops 22nm Double-Sided Silicon Wafer Polish ProcessMicroLine(R) Technology Produces Extremely Flat Wafers to Meet Chip Manufacturing Lithography Requirements at 22nm And Beyond
SAN JOSE, Calif., June 23 /PRNewswire-FirstCall/ -- To address the challenges of wafer polishing at future technology nodes, Peter Wolters GmbH, a wholly-owned subsidiary of Novellus Systems , has recently developed advanced polishing technology for its MicroLine AC 1500-P3 and AC 2000-P3 double-sided silicon wafer polishing (DSP) systems that will meet the lithography requirements for semiconductor device manufacturing at 22nm and beyond.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090623/AQ36601)
With current state-of-the-art semiconductor manufacturers beginning to enter 32nm high-volume manufacturing, leading manufacturers of wafer polishing equipment are already considering the planarity requirements for silicon wafers at the 22nm technology node. At these next generation nodes, extremely tight requirements are being placed on both the shape of the prime wafer and the flatness of its surface. Since semiconductor device structures are patterned using optical lithography, the achievable process window or depth of focus becomes governed by the flatness of the area being exposed by the optical beam. The "degree of silicon wafer local flatness" as measured by the Site Frontside Least Squares Focal Plane Range metric (or SFQR, see Figure 1) defines the acceptable level of silicon wafer surface planarity for use in advanced IC manufacturing. Lithography processes require the SFQR value to be much smaller than the depth of focus. To meet the current needs of 32nm lithography, the SFQR-max value is typically less than 30nm for a site size of 26 mm x 8 mm with an edge exclusion of 2 mm. A double-sided silicon wafer polish is required to achieve low SFQR values at these advanced nodes. Another significant challenge during the polishing step is to control wafer planarity (parallel front and back wafer surfaces) while preventing the pad from rounding the edge of the wafer.
Peter Wolters has engineered advanced, patent-pending sensor and process control capabilities into its latest polishing systems, allowing the AC-1500 P3 and the AC-2000 P3 to achieve SFQR-max values of less than 20nm --a requirement for 22nm lithography (see Figure 2). Excellent front to backside parallelism is achieved using stress-free guidance of the wafer throughout the polish step. The process control enabled by this new technology delivers a more homogeneous polishing process with no edge rounding out to 1 mm of edge exclusion. When used for today's 4Xnm and 3Xnm production, the MicroLine's flatter wafers widen the depth of focus process window, resulting in improved critical dimension control. This larger process window increases patterning yield and lithography productivity through better scanner-to-scanner matching and reduced qualification and set-up time.
"The in-situ data obtained by the MicroLine's temperature and eddy current sensors allow us to adjust the process parameters to match the polishing consumables with the incoming wafer geometry," said Kay Petersen, executive vice president of Novellus' Industrial Applications group. "Our silicon wafer polish systems are ready today to enable 22nm lithography development."
For more information on Peter Wolters' double-sided prime wafer polishing technology, go to http://www.novellustechnews.com/.
About Peter Wolters:
Peter Wolters GmbH, a component of Novellus' Industrial Applications group, is a leading manufacturer of high precision surface polishing systems for substrates made of silicon, sapphire, gallium arsenide, silicon carbide and other materials used in the manufacturing of microelectronic, micro-optical, and micromechanical devices. The company's AC-1500 P3 and AC-2000 P3 double sided polishing systems provide world class process results in terms of local and global geometry control (SFQR, GBIR) and haze removal. Peter Wolters is headquartered in Rendsburg, Germany.
About Novellus:
Novellus Systems, Inc. is a leading provider of advanced process equipment for the global semiconductor industry. The company's products deliver value to customers by providing innovative technology backed by trusted productivity. An S&P 500 company, Novellus is headquartered in San Jose, Calif. with subsidiary offices across the globe. For more information, please visit http://www.novellus.com/
Photo: http://www.newscom.com/cgi-bin/prnh/20090623/AQ36601 PRN Photo Desk, photodesk@prnewswire.com
Novellus Systems, Inc.
CONTACT: Bob Climo of Novellus Systems, Inc., +1-408-943-9700, bob.climo@novellus.com; or Marla Kertzman of The Hoffman Agency, +1-408-975-3032, mkertzman@hoffman.com, for Novellus Systems, Inc.
Web Site: http://www.novellus.com/
Belden Announces Potential Private Placement of Senior Subordinated Notes and Amendment to Revolving Credit Facility
ST. LOUIS, June 23 /PRNewswire-FirstCall/ -- Belden Inc. today announced that it is planning to offer $200 million aggregate principal amount of senior subordinated notes due 2019. Belden intends to use the net proceeds from this offering to repay existing debt under its senior secured credit facility. The notes will be unsecured senior subordinated obligations of Belden and will be guaranteed on a senior subordinated basis by its current and future domestic subsidiaries that guarantee its senior secured credit facility. The notes will bear interest at a fixed rate.
The notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States pursuant to Regulation S under the Securities Act. The notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
This news release is neither an offer to sell nor the solicitation of an offer to buy the notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the notes will be made only by means of a private offering memorandum.
Belden is also seeking to amend certain provisions of its senior secured credit facility and has received the required lender consents to amend these provisions subject to various closing conditions. If the closing conditions to the amendment are not satisfied or waived, the amendment will not be entered into or take effect and Belden will not complete the offering of the senior subordinated notes.
Under the terms of the amendment, the principal amount available under the facility will be reduced from $350 million to $250 million, and the incremental facility thereunder will be reduced from $150 million to $100 million. The facility will also allow each lender to elect to extend the maturity date of its outstanding commitments under the facility until January 24, 2013. Commitments not so extended will mature on January 24, 2011.
In addition, the amendment provides that borrowings under the facility may be made available by the lenders in Euros as well as in U.S. dollars and provides additional flexibility under the total leverage ratio. Under the amendment, Belden will have the ability to net a limited amount of domestic cash against consolidated debt for purposes of calculating the total leverage ratio. The amendment also increases the total leverage ratio covenant to 4.0 to 1.0 for the fiscal quarters ending June 30, 2009 through March 31, 2010, 3.75 to 1.0 for the fiscal quarters ending June 30, 2010 through September 30, 2010, 3.5 to 1.0 for the fiscal quarters ending December 31, 2010 through March 31, 2011, and 3.25 to 1.0 thereafter to maturity. Further, if at the end of any fiscal quarter the total leverage ratio is greater than or equal to 3.25 to 1.0 and any extension of credit is outstanding under the facility, Belden must maintain an asset coverage ratio as of the last day of each such fiscal quarter of greater than 1.0 to 1.0.
Forward Looking Statements
Statements in this release other than historical facts are "forward looking statements" made in reliance upon the safe harbor of the Private Securities Litigation Reform Act of 1995. These forward looking statements are based on forecasts and projections about the industries served by the Company and about general economic conditions. They reflect management's beliefs and expectations. They are not guarantees of future performance and they involve risk and uncertainty. The Company's actual results may differ materially from these expectations. The current global economic slowdown has adversely affected our results of operations and may continue to do so. Turbulence in financial markets may increase our borrowing costs. Some additional factors that may cause actual results to differ from the Company's expectations include demand for the Company's products; the cost and availability of materials including copper, plastic compounds derived from fossil fuels, and other materials; energy costs; the Company's ability to integrate successfully the acquired businesses; and other factors. For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the year ended December 31, 2008, filed with the SEC on February 27, 2009. Belden disclaims any duty to update any forward looking statements as a result of new information, future developments, or otherwise.
About Belden
Sending All the Right Signals - from industrial automation to data centers, from broadcast studios to aerospace, from cutting-edge wireless communications to consumer electronics, Belden people are committed to delivering the best signal transmission solutions in the world. Belden associates work in copper cable, fiber, wireless technology, connectors, switches and active components to bring voice, video and data to your mission-critical application. With 2008 revenue of $2.0 billion, Belden has manufacturing capability in North America, Europe and Asia. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at http://www.belden.com/.
Belden
314.854.8054
Belden Inc.
CONTACT: Belden, +1-314-854-8054
Web Site: http://www.belden.com/
Radiant Announces Further Expansion of Airgroup Network With New Operations in Indianapolis, Indiana
BELLEVUE, Wash., June 23 /PRNewswire-FirstCall/ -- Radiant Logistics, Inc. (BULLETIN BOARD: RLGT) , a domestic and international logistics services company, today announced further gains in the growth of its Airgroup network with a new office opening in Indianapolis, Indiana. The Airgroup-IND regional office will leverage the Company's robust technology platform and global network to provide domestic and international freight forwarding and logistics services throughout the mid-west and beyond.
With over 20 years of experience, Richard Winscott will lead the new Airgroup-IND office servicing a diversified base of domestic and international customers. "We are very excited to be joining Radiant and the Airgroup network," said Mr. Winscott. "As a group, the Radiant/Airgroup team has a real appreciation for the needs for the local owner/entrepreneur and a clear and achievable plan for building a world class logistics organization. The platform, in terms of people, process, technology and network is unique in the marketplace and represents a compelling opportunity for our organization."
Mr. Winscott continued: "The entire Indianapolis team has fostered long term relationships with our customers, vendors, and associates through years of dedicated service. Our customers have always been our top priority, whether they were local, within the United States or abroad. We were looking for a strategic partner with the vision and resources to help us meet our own goals for growth. With Radiant, we believe we have found a unique opportunity to leverage our own strengths along with the capabilities of the Airgroup network to bring additional value to our customers while enjoying the benefits of participating in an organization that, through its status as a public company, gives us the ability to become shareholders and share in the value that we help create."
"We are very proud to have Rich and the entire Indianapolis team join the Radiant/Airgroup organization," remarked Radiant's Chairman and CEO, Bohn Crain. "We are working very hard to drive continuous improvement across the Company and we remain keenly focused on quality operations like our new Airgroup-IND station which will continue to strengthen our overall network and help drive our continued organic growth."
About Airgroup
Airgroup (http://www.airgroup.com/), founded in 1987, operates as wholly-owned division of Radiant Global Logistics, Inc. and services a diversified account base including manufacturers, distributors and retailers through its extensive North American network. To learn more about the Airgroup network please contact Dan Stegemoller at (425) 462-1094x 516.
About Radiant Logistics (BULLETIN BOARD: RLGT)
Radiant Logistics (http://www.radiant-logistics.com/) services a diversified account base including manufacturers, distributors and retailers through approximately 65 offices located across North America and a network of independent carriers and international agents positioned strategically around the world. Radiant provides its customers domestic and international freight forwarding and an expanding array of value added supply chain management services, including order fulfillment, inventory management and warehousing. For more information about Radiant Logistics, please contact Bohn Crain at (425) 943-4599.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. While it is impossible to identify all of the factors that may cause our actual operating performance, events, trends or plans to differ materially from those set forth in such forward looking statements, we have identified certain of the more salient risk factors in our filings with Securities and Exchange Commission and other public documents and press releases which can be found on our web-site (http://www.radiant-logistics.com/). Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statement to reflect events or circumstances occurring after the date hereof.
Contact: Bohn H. Crain
Chief Executive Officer
Radiant Logistics, Inc.
(425) 943-4599
Radiant Logistics, Inc.
CONTACT: Bohn H. Crain, Chief Executive Officer of Radiant Logistics, Inc., +1-425-943-4599; or Dan Stegemoller of Airgroup, +1-425-462-1094 x516
Web Site: http://www.radiant-logistics.com/
Oracle Reports Q4 GAAP EPS of 38 Cents, Non-GAAP EPS of 46 CentsQ4 GAAP Operating Margin Up to 42%; Non-GAAP Operating Margin Up to a Record 51%
REDWOOD SHORES, Calif., June 23 /PRNewswire-FirstCall/ -- Oracle Corporation today announced that fiscal 2009 Q4 GAAP earnings per share were $0.38, down 4% compared to last year. Oracle's Q4 results were impacted by the reduced value of foreign currencies when compared to US dollars. Without this impact, Oracle's Q4 GAAP earnings per share would have been up 9% to $0.42. Fourth quarter GAAP total revenues were down 5% to $6.9 billion, while quarterly GAAP net income was down 7% to $1.9 billion. GAAP new software license revenues were down 13% to $2.7 billion. GAAP software license updates and product support revenues were up 8% to $3.1 billion. GAAP operating income was down 3% to $2.9 billion, and GAAP operating margin was up 100 basis points to 42%. GAAP operating cash flow on a trailing twelve-month basis was $8.3 billion, up 12%.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)
Fourth quarter non-GAAP earnings per share were down 1% to $0.46. Without the $0.05 per share impact of the reduced value of foreign currencies when compared to US dollars, Oracle's Q4 non-GAAP earnings per share would have been up 9% to $0.51. Non-GAAP total revenues were down 5% to $6.9 billion, while non-GAAP net income was down 5% to $2.3 billion, compared to the same quarter last year. Non-GAAP operating income was down 1% to $3.5 billion and non-GAAP operating margin was up 240 basis points to 51%.
For fiscal year 2009, GAAP earnings per share were up 3% to $1.09. Oracle's fiscal year 2009 results were impacted by the reduced value of foreign currencies when compared to US dollars, reducing fiscal year 2009 GAAP earnings by $0.11 per share. Without this impact, our fiscal year 2009 GAAP earnings per share would have been up 13% to $1.20. Fiscal year 2009 GAAP revenues were up 4% to $23.3 billion, while annual GAAP net income was up 1% to $5.6 billion. Total GAAP new software license revenues for the year were down 5% to $7.1 billion. GAAP software license updates and product support revenues were up 14% to $11.8 billion. GAAP operating income was up 6% to $8.3 billion, and GAAP operating margins were up 80 basis points to 36% in fiscal year 2009.
Fiscal year 2009 non-GAAP earnings per share were up 11% year over year to $1.44. Without the $0.11 per share impact of the reduced value of foreign currencies when compared to US dollars, Oracle's fiscal year 2009 non-GAAP earnings per share would have been up 19% to $1.55. Annual non-GAAP revenues were up 4% to $23.5 billion, while annual non-GAAP net income was up 9% to $7.4 billion compared to fiscal year 2008. Total non-GAAP new software license revenues for the year were down 5% to $7.1 billion. Non-GAAP software license updates and product support revenues were up 14% to $12.0 billion. Non-GAAP operating income was up 12% to $10.9 billion, and non-GAAP operating margins were up 350 basis points to 46%.
In addition, Oracle's Board of Directors declared a cash dividend of $0.05 per share of outstanding common stock to be paid to shareholders of record as of the close of business on July 15, 2009, with a payment date of August 13, 2009. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Oracle's Board of Directors.
"Adjusted for the substantial movement in the US dollar exchange rate this fiscal year, which is beyond our control, we grew non-GAAP earnings per share by 19 percent for the year," said Oracle President Safra Catz. "That's an amazing achievement given what's been happening in the global economy over the past twelve months."
"We executed substantially better than we expected on both the top and bottom line for the quarter," said Oracle CFO Jeff Epstein. "We grew Q4 non-GAAP operating margins by a faster than expected 240 basis points to over 51 percent. That helped us generate $7.7 billion in free cash flow for fiscal 2009."
"We grew faster and took market share from SAP in every region around the world," said Oracle President Charles Phillips. "In Europe our applications business grew 5 percent in constant currency versus negative 27 percent growth for SAP in their most recent quarter. Historically Europe has been an SAP stronghold, but these results prove that we can compete and beat them everywhere."
"The Exadata Database Machine is well on its way to being the most successful new product launch in Oracle's 30 year history," said Oracle CEO Larry Ellison. "Several of Teradata's largest customers are performance testing -- then buying -- Oracle Exadata Database Machines. In a recent competitive benchmark, a Teradata machine took over six hours to process a query that our Exadata Database Machine ran in less than 30 minutes. They bought Exadata."
Q4 Earnings Conference Call and Webcast
Oracle will hold a conference call and web broadcast today to discuss these results at 2:00 p.m. (PDT) / 5:00 p.m. (EDT). You may listen to the call by dialing (866) 237-3252 or (719) 457-1018, Passcode: 617178. To access the live web broadcast of this event, please visit the Oracle Investor Relations website at http://www.oracle.com/investor. Please hold down your control key while pressing refresh to ensure that the web link is visible.
Supplemental Financial Tables
Supplemental financial materials regarding these results are available on our Investor Relations website at: http://www.oracle.com/investor. To receive these supplemental financial tables and other Investor Relations alerts directly, please subscribe to Oracle's RSS feeds via the RSS link on our website.
About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, please visit our web site at oracle.com or call Investor Relations at (650) 506-4073.
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
"Safe Harbor" Statement: Statements in this press release relating to Oracle's or its Board of Directors' future plans, intentions and prospects are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect our current expectations and our actual results, and could cause actual results to differ materially. We presently consider the following to be among the important factors that could cause actual results to differ materially from expectations: (1) Economic, political and market conditions, including the recent global economic and financial crisis, could adversely affect our business, operating results or financial condition, including our revenue growth and profitability, through reductions in customer IT budgets and expenditures and through the general tightening of access to credit. (2) We may fail to achieve our financial forecasts due to such factors as delays or size reductions in transactions, fewer large transactions in a particular quarter, unanticipated fluctuations in currency exchange rates, delays in delivery of new products or releases or a decline in our renewal rates for software license updates and product support. (3) We cannot assure market acceptance of new products or services or new versions of existing or acquired products or services. (4) We have an active acquisition program and our acquisitions may not be successful, may involve unanticipated costs or other integration issues or may disrupt our existing operations. (5) Periodic changes to our pricing model and sales organization could temporarily disrupt operations and cause a decline or delay in sales. (6) Intense competitive forces demand rapid technological advances and frequent new product introductions and could require us to reduce prices or cause us to lose customers. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle Corporation's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on Oracle's Investor Relations website at http://www.oracle.com/investor. All information set forth in this release is current as of June 23, 2009. Oracle undertakes no duty to update any statement in light of new information or future events.
ORACLE CORPORATION
Q4 FISCAL 2009 FINANCIAL RESULTS
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
($ in millions, except per share data)
Three Months Ended May 31, % Increase
---------------------------------- % Increase (Decrease)
% of % of (Decrease) in Constant
2009 Revenues 2008 Revenues in US $ Currency(1)
---------------------------------------------------------
REVENUES
New software
licenses $2,744 40% $3,144 44% (13%) (4%)
Software
license
updates and
product
support 3,052 44% 2,830 39% 8% 18%
----------------------------------
Software
Revenues 5,796 84% 5,974 83% (3%) 6%
----------------------------------
Services 1,065 16% 1,265 17% (16%) (7%)
----------------------------------
Total
Revenues 6,861 100% 7,239 100% (5%) 4%
----------------------------------
OPERATING
EXPENSES
Sales and
marketing 1,326 19% 1,526 21% (13%) (5%)
Software
license
updates and
product
support 293 4% 269 4% 9% 19%
Cost of
services 886 13% 1,072 15% (17%) (9%)
Research and
development 731 11% 733 10% 0% 4%
General and
administrative 214 3% 201 3% 6% 13%
Amortization of
intangible
assets 437 7% 344 5% 27% 27%
Acquisition
related and
other 19 0% 96 1% (81%) (80%)
Restructuring 71 1% 27 0% 167% 180%
----------------------------------
Total
Operating
Expenses 3,977 58% 4,268 59% (7%) 0%
----------------------------------
OPERATING
INCOME 2,884 42% 2,971 41% (3%) 9%
Interest
expense (159) (2%) (130) (1%) 23% 23%
Non-operating
income, net 29 0% 101 1% (71%) (72%)
----------------------------------
INCOME BEFORE
PROVISION FOR
INCOME TAXES 2,754 40% 2,942 41% (6%) 6%
----------------------------------
Provision for
income taxes 863 12% 905 13% (5%) 8%
----------------------------------
NET INCOME $1,891 28% $2,037 28% (7%) 5%
==================================
EARNINGS PER
SHARE:
Basic $0.38 $0.40
Diluted $0.38 $0.39
WEIGHTED AVERAGE
COMMON SHARES
OUTSTANDING:
Basic 4,995 5,150
Diluted 5,043 5,233
(1) We compare the percent change in the results from one period to
another period using constant currency disclosure. We present constant
currency information to provide a framework for assessing how our
underlying businesses performed excluding the effect of foreign
currency rate fluctuations. To present this information, current
and comparative prior period results for entities reporting in
currencies other than United States dollars are converted into
United States dollars at the exchange rate in effect on May 31, 2008,
which was the last day of our prior fiscal year, rather than the
actual exchange rates in effect during the respective periods. The
United States dollar strengthened relative to most major international
currencies in the three months ended May 31, 2009 compared with the
corresponding prior year period, reducing revenues by 9 percentage
points, operating expenses by 7 percentage points and operating
income by 12 percentage points.
ORACLE CORPORATION
Q4 FISCAL 2009 FINANCIAL RESULTS
RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1)
($ in millions, except per share data)
Three Months Ended May 31,
-------------------------------------------
2009 2009 2008 2008
Non- Non-
GAAP Adj. GAAP GAAP Adj. GAAP
-------------------------------------------
TOTAL REVENUES (3) $6,861 $20 6,881 $7,239 $42 $7,281
TOTAL SOFTWARE REVENUES (3) $5,796 $20 5,816 $5,974 $42 $6,016
New software licenses 2,744 - 2,744 3,144 - 3,144
Software license updates and
product support (3) 3,052 20 3,072 2,830 42 2,872
TOTAL OPERATING EXPENSES $3,977 (609) $3,368 $4,268 $(531) $3,737
Stock-based compensation (4) 82 (82) - 64 (64) -
Amortization of intangible
assets (5) 437 (437) - 344 (344) -
Acquisition related and other 19 (19) - 96 (96) -
Restructuring 71 (71) - 27 (27) -
OPERATING INCOME $2,884 $629 $3,513 $2,971 $573 $3,544
OPERATING MARGIN % 42% 51% 41% 49%
INCOME TAX EFFECTS (6) $863 $197 $1,060 $905 $176 $1,081
NET INCOME $1,891 $432 $2,323 $2,037 $397 $2,434
DILUTED EARNINGS PER SHARE $0.38 $0.46 $0.39 $0.47
DILUTED WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING 5,043 - 5,043 5,233 (3) 5,230
% Increase
% Increase (Decrease) in
(Decrease) Constant
in US $ Currency (2)
-----------------------------------
GAAP Non-GAAP GAAP Non-GAAP
-----------------------------------
TOTAL REVENUES (3) (5%) (5%) 4% 3%
TOTAL SOFTWARE REVENUES (3) (3%) (3%) 6% 6%
New software licenses (13%) (13%) (4%) (4%)
Software license updates and product
support (3) 8% 7% 18% 17%
TOTAL OPERATING EXPENSES (7%) (10%) 0% (2%)
Stock-based compensation (4) 28% * 28% *
Amortization of intangible assets (5) 27% * 27% *
Acquisition related and other (81%) * (80%) *
Restructuring 167% * 180% *
OPERATING INCOME (3%) (1%) 9% 9%
OPERATING MARGIN % 100 bp 240 bp 210 bp 280 bp
INCOME TAX EFFECTS (6) (5%) (2%) 8% 8%
NET INCOME (7%) (5%) 5% 6%
DILUTED EARNINGS PER SHARE (4%) (1%) 9% 9%
DILUTED WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING (4%) (4%) (4%) (4%)
(1) This presentation includes non-GAAP measures. Our non-GAAP measures
are not meant to be considered in isolation or as a substitute for
comparable GAAP measures, and should be read only in conjunction with
our consolidated financial statements prepared in accordance with
GAAP. For a detailed explanation of the adjustments made to
comparable GAAP measures, the reasons why management uses these
measures, the usefulness of these measures and the material
limitations on the usefulness of these measures, please see
Appendix A.
(2) We compare the percent change in the results from one period to
another period using constant currency disclosure. We present constant
currency information to provide a framework for assessing how our
underlying businesses performed excluding the effect of foreign
currency rate fluctuations. To present this information, current and
comparative prior period results for entities reporting in currencies
other than United States dollars are converted into United States
dollars at the exchange rate in effect on May 31, 2008, which was the
last day of our prior fiscal year, rather than the actual exchange
rates in effect during the respective periods.
(3) As of May 31, 2009, approximately $21 million in estimated revenues
related to assumed support contracts will not be recognized for fiscal
2010 due to business combination accounting rules.
(4) Stock-based compensation is included in the following GAAP operating
expense categories:
Three Months Ended Three Months Ended
May 31, 2009 May 31, 2008
---------------------------------------
Non- Non-
GAAP Adj. GAAP GAAP Adj. GAAP
---------------------------------------
Sales and marketing $16 $(16) $- $13 $(13) $-
Software license updates and
product support 4 (4) - 2 (2) -
Cost of services 3 (3) - 4 (4) -
Research and development 34 (34) - 30 (30) -
General and administrative 25 (25) - 15 (15) -
----- ----- ----- ----- ----- -----
Subtotal 82 (82) - 64 (64) -
----- ----- ----- ----- ----- -----
Acquisition related and other 1 (1) - 72 (72) -
----- ----- ----- ----- ----- -----
Total stock-based
compensation $83 $(83) $- $136 $(136) $-
===== ===== ===== ===== ===== =====
(5) Estimated future annual amortization expense related to intangible
assets as of May 31, 2009 is as follows:
Fiscal 2010 $1,669
Fiscal 2011 1,364
Fiscal 2012 1,217
Fiscal 2013 1,084
Fiscal 2014 881
Thereafter 1,054
------
Total $7,269
======
(6) Income tax effects were calculated reflecting an effective GAAP and
non-GAAP tax rate of 31.3% and 30.8% in the fourth quarter of fiscal
2009 and 2008, respectively.
* Not meaningful
ORACLE CORPORATION
FISCAL 2009 YEAR TO DATE FINANCIAL RESULTS
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
($ in millions, except per share data)
Year Ended May 31, % Increase
---------------------------------- % Increase (Decrease)
% of % of (Decrease) in Constant
2009 Revenues 2008 Revenues in US $ Currency(1)
---------------------------------------------------------
REVENUES
New software
licenses $7,123 31% $7,515 34% (5%) 1%
Software
license
updates and
product
support 11,754 50% 10,328 46% 14% 19%
----------------------------------
Software
Revenues 18,877 81% 17,843 80% 6% 12%
----------------------------------
Services 4,375 19% 4,587 20% (5%) 1%
----------------------------------
Total
Revenues 23,252 100% 22,430 100% 4% 10%
----------------------------------
OPERATING
EXPENSES
Sales and
marketing 4,638 20% 4,679 21% (1%) 4%
Software
license
updates and
product
support 1,088 4% 997 4% 9% 14%
Cost of
services 3,706 16% 3,984 18% (7%) (1%)
Research and
development 2,767 12% 2,741 12% 1% 4%
General and
administrative 785 3% 808 4% (3%) 1%
Amortization of
intangible
assets 1,713 7% 1,212 5% 41% 42%
Acquisition
related and
other 117 1% 124 1% (6%) (4%)
Restructuring 117 1% 41 0% 187% 212%
----------------------------------
Total
Operating
Expenses 14,931 64% 14,586 65% 2% 7%
----------------------------------
OPERATING
INCOME 8,321 36% 7,844 35% 6% 15%
Interest
expense (630) (3%) (394) (2%) 60% 60%
Non-operating
income, net 143 1% 384 2% (63%) (54%)
----------------------------------
INCOME BEFORE
PROVISION FOR
INCOME TAXES 7,834 34% 7,834 35% 0% 9%
----------------------------------
Provision for
income taxes 2,241 10% 2,313 10% (3%) 6%
----------------------------------
NET INCOME $5,593 24% $5,521 25% 1% 11%
==================================
EARNINGS PER
SHARE:
Basic $1.10 $1.08
Diluted $1.09 $1.06
WEIGHTED AVERAGE
COMMON SHARES
OUTSTANDING:
Basic 5,070 5,133
Diluted 5,130 5,229
(1) We compare the percent change in the results from one period to
another period using constant currency disclosure. We present
constant currency information to provide a framework for assessing
how our underlying businesses performed excluding the effect of
foreign currency rate fluctuations. To present this information,
current and comparative prior period results for entities reporting
in currencies other than United States dollars are converted into
United States dollars at the exchange rate in effect on May 31, 2008,
which was the last day of our prior fiscal year, rather than the
actual exchange rates in effect during the respective periods.
The United States dollar strengthened relative to most major
international currencies in the year ended May 31, 2009 compared
with the corresponding prior year period, reducing revenues by
6 percentage points, operating expenses by 5 percentage points and
operating income by 9 percentage points.
ORACLE CORPORATION
FISCAL 2009 YEAR TO DATE FINANCIAL RESULTS
RECONCILIATION OF SELECTED GAAP MEASURES TO NON-GAAP MEASURES (1)
($in millions, except per share data)
Year Ended May 31,
---------------------------------------------------
2009 2009 2008 2008
Non- Non-
GAAP Adj. GAAP GAAP Adj. GAAP
---------------------------------------------------
TOTAL REVENUES (3) $23,252 $243 $23,495 $22,430 $179 $22,609
TOTAL SOFTWARE
REVENUES (3) $18,877 $243 $19,120 $17,843 $179 $18,022
New software
licenses 7,123 - 7,123 7,515 - 7,515
Software license
updates and
product
support (3) 11,754 243 11,997 10,328 179 10,507
TOTAL OPERATING
EXPENSES $14,931 $(2,287) $12,644 $14,586 $(1,634) $12,952
Stock-based
compensation (4) 340 (340) - 257 (257) -
Amortization of
intangible
assets (5) 1,713 (1,713) - 1,212 (1,212) -
Acquisition related
and other 117 (117) - 124 (124) -
Restructuring 117 (117) - 41 (41) -
OPERATING INCOME $8,321 $2,530 $10,851 $7,844 $1,813 $9,657
OPERATING MARGIN % 36% 46% 35% 43%
INCOME TAX
EFFECTS (6) $2,241 $730 $2,971 $2,313 $535 $2,848
NET INCOME $5,593 $1,800 $7,393 $5,521 $1,278 $6,799
DILUTED EARNINGS
PER SHARE $1.09 $1.44 $1.06 $1.30
DILUTED WEIGHTED
AVERAGE COMMON SHARES
OUTSTANDING 5,130 - 5,130 5,229 1 5,230
% Increase
% Increase (Decrease) in
(Decrease) Constant
in US $ Currency (2)
-----------------------------------
GAAP Non-GAAP GAAP Non-GAAP
-----------------------------------
TOTAL REVENUES (3) 4% 4% 10% 10%
TOTAL SOFTWARE REVENUES (3) 6% 6% 12% 12%
New software licenses (5%) (5%) 1% 1%
Software license updates and product
support (3) 14% 14% 19% 19%
TOTAL OPERATING EXPENSES 2% (2%) 7% 3%
Stock-based compensation (4) 33% * 33% *
Amortization of intangible assets (5) 41% * 42% *
Acquisition related and other (6%) * (4%) *
Restructuring 187% * 212% *
OPERATING INCOME 6% 12% 15% 19%
OPERATING MARGIN % 80 bp 350 bp 170 bp 380 bp
INCOME TAX EFFECTS (6) (3%) 4% 6% 12%
NET INCOME 1% 9% 11% 16%
DILUTED EARNINGS PER SHARE 3% 11% 13% 19%
DILUTED WEIGHTED AVERAGE COMMON
SHARES OUTSTANDING (2%) (2%) (2%) (2%)
(1) This presentation includes non-GAAP measures. Our non-GAAP measures
are not meant to be considered in isolation or as a substitute for
comparable GAAP measures, and should be read only in conjunction with
our consolidated financial statements prepared in accordance with
GAAP. For a detailed explanation of the adjustments made to
comparable GAAP measures, the reasons why management uses these
measures, the usefulness of these measures and the material
limitations on the usefulness of these measures, please see
Appendix A.
(2) We compare the percent change in the results from one period to
another period using constant currency disclosure. We present
constant currency information to provide a framework for assessing
how our underlying businesses performed excluding the effect of
foreign currency rate fluctuations. To present this information,
current and comparative prior period results for entities reporting
in currencies other than United States dollars are converted into
United States dollars at the exchange rate in effect on May 31, 2008,
which was the last day of our prior fiscal year, rather than the
actual exchange rates in effect during the respective periods.
(3) As of May 31, 2009, approximately $21 million in estimated revenues
related to assumed support contracts will not be recognized during
fiscal 2010 due to business combination accounting rules.
(4) Stock-based compensation is included in the following GAAP operating
expense categories:
Year Ended Year Ended
May 31, 2009 May 31, 2008
---------------------------------------
Non- Non-
GAAP Adj. GAAP GAAP Adj. GAAP
---------------------------------------
Sales and marketing $67 $(67) $- $51 $(51) $-
Software license updates and
product support 13 (13) - 10 (10) -
Cost of services 12 (12) - 13 (13) -
Research and development 155 (155) - 114 (114) -
General and administrative 93 (93) - 69 (69) -
----- ----- ----- ----- ----- -----
Subtotal 340 (340) - 257 (257) -
----- ----- ----- ----- ----- -----
Acquisition related and other 15 (15) - 112 (112) -
----- ----- ----- ----- ----- -----
Total stock-based
compensation $355 $(355) $- $369 $(369) $-
===== ===== ===== ===== ===== =====
(5) Estimated future annual amortization expense related to intangible
assets as of May 31, 2009 is as follows:
Fiscal 2010 $1,669
Fiscal 2011 1,364
Fiscal 2012 1,217
Fiscal 2013 1,084
Fiscal 2014 881
Thereafter 1,054
------
Total $7,269
======
(6) Income tax effects were calculated reflecting an effective GAAP tax
rate of 28.6% and 29.5% in fiscal 2009 and 2008, respectively and an
effective Non-GAAP tax rate of 28.7% and 29.5% in fiscal 2009 and
2008, respectively. Our non-GAAP tax rate in fiscal 2009 excludes the
effect of an adjustment to our non-current deferred tax liability
associated with acquired intangible assets.
* Not meaningful
ORACLE CORPORATION
FISCAL 2009 FINANCIAL RESULTS
CONDENSED CONSOLIDATED BALANCE SHEETS
($ in millions)
May 31, May 31,
2009 2008
---------------
ASSETS
Current Assets:
Cash and cash equivalents $8,995 $8,262
Marketable securities 3,629 2,781
Trade receivables, net 4,430 5,127
Deferred tax assets 661 853
Prepaid expenses and other current assets 866 1,080
---------------
Total Current Assets 18,581 18,103
Non-Current Assets:
Property, net 1,922 1,688
Intangible assets, net 7,269 8,395
Goodwill 18,842 17,991
Other assets 802 1,091
---------------
Total Non-Current Assets 28,835 29,165
---------------
TOTAL ASSETS $47,416 $47,268
===============
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Notes payable, current and other current
borrowings $1,001 $1,001
Accounts payable 271 383
Accrued compensation and related benefits 1,409 1,770
Deferred revenues 4,592 4,492
Other current liabilities 1,876 2,383
---------------
Total Current Liabilities 9,149 10,029
Non-Current Liabilities:
Notes payable and other non-current borrowings 9,237 10,235
Income taxes payable 2,423 1,566
Deferred tax liabilities 480 1,218
Other non-current liabilities 1,037 1,195
---------------
Total Non-Current Liabilities 13,177 14,214
Stockholders' Equity 25,090 23,025
---------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $47,416 $47,268
===============
ORACLE CORPORATION
FISCAL 2009 YEAR TO DATE FINANCIAL RESULTS
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
($ in millions)
Year Ended
May 31,
---------------
2009 2008
---------------
Cash Flows From Operating Activities:
Net income $5,593 $5,521
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation 263 268
Amortization of intangible assets 1,713 1,212
Deferred income taxes (395) (135)
Minority interests in income 84 60
Stock-based compensation 355 369
Tax benefits on the exercise of stock options 252 588
Excess tax benefits on the exercise of stock
options (97) (454)
In-process research and development 10 24
Other gains, net (6) (66)
Changes in operating assets and liabilities, net
of effects from acquisitions:
Decrease (increase) in trade receivables, net 454 (661)
Decrease (increase) in prepaid expenses and
other assets 145 (191)
Decrease in accounts payable and other
liabilities (691) (153)
Increase in income taxes payable 142 368
Increase in deferred revenues 433 652
---------------
Net cash provided by operating activities 8,255 7,402
---------------
Cash Flows From Investing Activities:
Purchases of marketable securities and other
investments (9,315) (5,624)
Proceeds from maturities and sales of marketable
securities and other investments 8,404 4,281
Acquisitions, net of cash acquired (1,159) (7,643)
Capital expenditures (529) (243)
Proceeds from sale of property - 153
---------------
Net cash used for investing activities (2,599) (9,076)
---------------
Cash Flows From Financing Activities:
Payments for repurchases of common stock (3,972) (2,023)
Proceeds from issuances of common stock 760 1,288
Payment of dividends to stockholders (250) -
Proceeds from borrowings, net of issuance costs - 6,171
Repayments of borrowings (1,004) (2,560)
Excess tax benefits on the exercise of stock options 97 454
Distributions to minority interests (53) (49)
---------------
Net cash (used for) provided by financing
activities (4,422) 3,281
---------------
Effect of exchange rate changes on cash and cash
equivalents (501) 437
---------------
Net increase in cash and cash equivalents 733 2,044
--------------
Cash and cash equivalents at beginning of period 8,262 6,218
---------------
Cash and cash equivalents at end of period $8,995 $8,262
===============
ORACLE CORPORATION
FISCAL 2009 FINANCIAL RESULTS
FREE CASH FLOW - TRAILING 4-QUARTERS (1)
($ in millions)
Fiscal 2008
-------------------------------
Q1 Q2 Q3 Q4
-------------------------------
GAAP Operating
Cash Flow $6,598 $6,957 $7,322 $7,402
Capital
Expenditures (2) (357) (369) (331) (243)
-------------------------------
Free Cash Flow $6,241 $6,588 $6,991 $7,159
===============================
% Growth over
prior year 40% 50% 48% 38%
-------------------------------
GAAP Net Income $4,444 $4,781 $5,088 $5,521
Free Cash Flow
as a % of Net
Income 140% 138% 137% 130%
Fiscal 2009
-------------------------------
Q1 Q2 Q3 Q4
-------------------------------
GAAP Operating
Cash Flow $7,941 $8,089 $8,542 $8,255
Capital
Expenditures (2) (479) (486) (539) (529)
-------------------------------
Free Cash Flow $7,462 $7,603 $8,003 $7,726
===============================
% Growth over
prior year 20% 15% 14% 8%
-------------------------------
GAAP Net Income $5,758 $5,750 $5,739 $5,593
Free Cash Flow
as a % of Net
Income 130% 132% 139% 138%
(1) To supplement our statements of cash flows presented on a GAAP
basis, we use non-GAAP measures of cash flows on a trailing
4-quarter basis to analyze cash flow generated from operations. We
believe free cash flow is also useful as one of the bases for
comparing our performance with our competitors. The presentation of
non-GAAP free cash flow is not meant to be considered in isolation or
as an alternative to net income as an indicator of our performance, or
as an alternative to cash flows from operating activities as a measure
of liquidity.
(2) Represents capital expenditures as reported in cash flows from
investing activities on our cash flow statements presented in
accordance with GAAP.
APPENDIX A
ORACLE CORPORATION
FISCAL 2009 FINANCIAL RESULTS
EXPLANATION OF NON-GAAP MEASURES
To supplement our financial results presented on a GAAP basis, we use the non-GAAP measures indicated in the tables, which exclude certain business combination accounting entries and expenses related to acquisitions, as well as other significant expenses including stock-based compensation, that we believe are helpful in understanding our past financial performance and our future results. Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects:
-- Support deferred revenue: Business combination accounting rules
require us to account for the fair value of support contracts assumed
in connection with our acquisitions. Because these are typically
one-year contracts, our GAAP revenues for the one year period
subsequent to our acquisition of a business do not reflect the full
amount of software license updates and product support revenues on
assumed support contracts that would have otherwise been recorded by
the acquired entity. The non-GAAP adjustment is intended to reflect
the full amount of such revenues. We believe this adjustment is useful
to investors as a measure of the ongoing performance of our business
because we have historically experienced high renewal rates on support
contracts, although we cannot be certain that customers will renew
these contracts.
-- Stock-based compensation expenses: We have excluded the effect of
stock-based compensation expenses from our non-GAAP operating expenses
and net income measures. Although stock-based compensation is a key
incentive offered to our employees, and we believe such compensation
contributed to the revenues earned during the periods presented and
also believe it will contribute to the generation of future period
revenues, we continue to evaluate our business performance excluding
stock-based compensation expenses. Stock-based compensation expenses
will recur in future periods.
-- Amortization of intangible assets: We have excluded the effect of
amortization of intangible assets from our non-GAAP operating expenses
and net income measures. Amortization of intangible assets is
inconsistent in amount and frequency and is significantly affected by
the timing and size of our acquisitions. Investors should note that
the use of intangible assets contributed to revenues earned during the
periods presented and will contribute to future period revenues as
well. Amortization of intangible assets will recur in future periods.
-- Acquisition related and other expenses, and restructuring expenses: We
incurred significant expenses in connection with our acquisitions and
also incurred certain other operating expenses or income, which we
generally would not have otherwise incurred in the periods presented
as a part of our continuing operations. Acquisition related and other
expenses consist of in-process research and development expenses,
personnel related costs for transitional employees, other acquired
employee related costs, stock-based compensation expenses (in addition
to the stock-based compensation expenses described above), integration
related professional services, certain business combination
adjustments after the purchase price allocation period has ended, and
certain other operating expenses, net. Substantially all of the
stock-based compensation expenses included in acquisition related and
other expenses resulted from unvested options assumed in acquisitions
whose vesting was fully accelerated upon termination of the employees
pursuant to the original terms of those options. Restructuring
expenses consist of Oracle employee severance and other exit costs. We
believe it is useful for investors to understand the effects of these
items on our total operating expenses. Although acquisition related
expenses and restructuring expenses are not recurring with respect to
past acquisitions, we generally will incur these expenses in
connection with any future acquisitions.
For the year ended May 31, 2008, acquisition related and other expenses include a gain on property sale of $57 million.
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Oracle Corporation
CONTACT: Ken Bond of Oracle Investor Relations, +1-650-607-0349, ken.bond@oracle.com, or Karen Tillman of Oracle Corporate Communications, +1-650-607-0326, karen.tillman@oracle.com
Web Site: http://www.oracle.com/
comScore Media Metrix Ranks Top 50 U.S. Web Properties for May 2009Mother's Day and Graduation Provide Boosts to Flowers, Gifts and Greetings Sites in MayCoupon Sites Surge as Americans Continue to Shop for Bargains Online
RESTON, Va., June 23 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its monthly analysis of U.S. consumer activity at the top online properties for May 2009 based on data from the comScore Media Metrix service. May saw online visitation surge at gift- related sites as Mother's Day and other seasonal events prompted many to search for gifts online. Coupon sites also witnessed strong growth as bargain-hunting remained a top priority for many Americans.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)
"Mother's Day, along with high school and university graduations and the beginning of wedding season, make May a traditionally strong time of year for flowers, gifts and greetings sites," commented Jack Flanagan, executive vice president of comScore Media Metrix. "Coinciding with gains to these sites in May we also saw a sharp increase in the number of visitors to online coupon sites this year. As rising summer gas prices put the squeeze on Americans' overall purchasing power, online coupon sites have become an attractive resource for reducing retail costs during this gift-giving season."
Mother's Day Boosts Gift Sites in May
With May 10 marking Mother's Day in 2009, the Flowers/Gifts/Greetings category climbed 16 percent to nearly 36 million visitors as Americans searched for gifts for mom. American Greetings Property led the category with 12.4 million visitors, followed by ProFlowers.com with 5.6 million visitors (up 255 percent versus the previous month) and FTD.com with 4.1 million visitors (up 123 percent).
The Jewelry/Luxury Goods/Accessories category also experienced double-digit growth, increasing 13 percent to nearly 18 million visitors during the month. Swarovski Crystal's site, Swarovski.com, led the category with 2.4 million visitors, an increase of 125 percent versus April. Other sites in the category experiencing gains included Kay Jewelers (up 47 percent to 973,000 visitors) and Tiffany & Co. (up 15 percent to 812,000 visitors).
Coupon Category Grabs Top-Gaining Spot
With gas prices climbing and consumer discretionary income declining, millions of Americans turned to online coupon sites in May for better deals on their retail purchases. The Coupon category posted a particularly strong month, surging 19 percent to 34.7 million visitors to lead as the top-gaining category in May. Coupons Inc., which includes Coupons.com, captured the #1 position with more than 15 million visitors, a gain of 85 percent from the previous month. Eversave.com ranked second with 3.8 million visitors, followed by RetailMeNot.com with 3.5 million visitors.
Americans "Say Cheese" in May
Photo sites witnessed strong growth in May as visitors flocked to sites to post, view and order photos from such seasonal events as graduations and weddings. More than 90 million Americans, slightly less than half of the total U.S. online population, visited a photo site in May, marking a 10-percent gain versus the prior month. Facebook.com Photos led the category with 34.6 million visitors (up 5 percent), followed by Photobucket.com LLC with 28.1 million visitors (up 13 percent) and Flickr.com with 24.4 million visitors (up 11 percent).
Top 50 Properties
Google Sites continued to lead as the most visited property in May with 157 million visitors, followed by Yahoo! Sites with 151.3 million visitors and Microsoft Sites with 125.9 million visitors. Wal-Mart moved up 3 spots to #20 with 33.7 million visitors, while JPMorgan Chase Property jumped 7 spots to #38 with 21.4 million visitors.
Top 50 Ad Focus Ranking
Platform-A led the May Ad Focus ranking, reaching 91 percent of the 193.8 million Americans online. Yahoo! Network ranked second, reaching 87 percent, while Google Ad Network ranked third with an 85 percent reach. Yahoo! Sites and Google both climbed one spot grabbing the #6 and #7 positions, respectively.
Table 1
comScore Top 10 Gaining Properties by Percentage Change in Unique
Visitors* (U.S.)
May 2009 vs. April 2009
Total U.S. - Home, Work and University Locations
Source: comScore Media Metrix
Total Unique Visitors (000)
Rank by
Unique
Apr-09 May-09 % Change Visitors
Total Internet : Total Audience 192,875 193,825 0 N/A
PROFLOWERS.COM 1,575 5,590 255 221
OPRAH.COM 4,420 12,118 174 88
Yum! Brands Inc. 5,458 14,741 170 68
BuddyTV 3,108 6,539 110 183
Coupons, Inc. 8,167 15,084 85 64
Jango Music Network 6,922 11,359 64 96
Sony Online 12,998 19,121 47 50
GiantRealm 3,916 5,618 43 219
Kraft Foods 5,441 6,959 28 165
Meredith Women's Network 8,438 10,698 27 101
*Ranking based on the top 250 properties in May 2009.
Table 2
comScore Top 10 Gaining Site Categories by Percentage Change in Unique
Visitors (U.S.)
May 2009 vs. April 2009
Total U.S. - Home, Work and University Locations
Source: comScore Media Metrix
Total Unique Visitors (000)
%
Apr-09 May-09 Change
Total Internet : Total Audience 192,875 193,825 0
Services - Coupons 29,179 34,723 19
Community - Gay/Lesbian 2,902 3,427 18
Retail - Flowers/Gifts/Greetings 31,019 35,903 16
Retail - Jewelry/Luxury
Goods/Accessories 15,766 17,858 13
Services - Photos 83,041 90,972 10
News/Information - Politics 10,630 11,642 10
Retail - Food 16,568 18,046 9
Community - Teens 24,142 26,236 9
Entertainment - Humor 24,115 26,000 8
Community - Home 29,857 31,893 7
Table 3
comScore Top 50 Properties (U.S.)
May 2009
Total U.S. - Home, Work and University Locations
Unique Visitors (000)
Source: comScore Media Metrix
Unique
Visitors
Rank Property (000)
Total Internet : Total Audience 193,825
1 Google Sites 157,011
2 Yahoo! Sites 151,262
3 Microsoft Sites 125,884
4 AOL LLC 106,968
5 Fox Interactive Media 87,114
6 Ask Network 74,142
7 eBay 72,487
8 FACEBOOK.COM 70,278
9 Wikimedia Foundation
Sites 64,739
10 Amazon Sites 63,725
11 Glam Media 55,821
12 Apple Inc. 54,658
13 CBS Interactive 51,164
14 Turner Network 49,178
15 Viacom Digital 47,694
16 New York Times Digital 47,279
17 craigslist, inc. 46,089
18 Weather Channel, The 40,634
19 Adobe Sites 34,801
20 Wal-Mart 33,667
21 Verizon Communications
Corporation 32,340
22 Comcast Corporation 32,314
23 AT&T Interactive
Network 31,836
24 Demand Media 30,034
25 Answers.com Sites 29,871
26 Photobucket.com LLC 28,067
27 Superpages.com Network 27,914
28 WordPress 27,893
29 Target Corporation 27,431
30 Bank of America 26,382
31 Disney Online 25,966
32 Gorilla Nation 24,717
33 Expedia Inc 24,199
34 Everyday Health 23,524
35 AT&T, Inc. 22,556
36 United Online, Inc 22,528
37 iVillage.com: The
Womens Network 22,305
38 JPMorgan Chase Property 21,392
39 NetShelter Technology Media 20,850
40 Weatherbug Property 20,635
41 The Mozilla Organization 20,610
42 Break Media 20,536
43 Gannett Sites 20,520
44 ESPN 20,513
45 CareerBuilder LLC 20,455
46 WebMD Health 20,422
47 Wells Fargo 19,431
48 Real.com Network 19,381
49 Time Warner -
Excluding AOL 19,329
50 Sony Online 19,121
Table 4
comScore Ad Focus Ranking (U.S.)
May 2009
Total U.S. - Home, Work and University Locations
Unique Visitors (000)
Source: comScore Media Metrix
Unique
Visitors %
Rank Property (000) Reach
Total Internet : Total Audience 193,825 100.0
1 Platform-A** 176,886 91%
2 Yahoo! Network** 169,243 87%
3 Google Ad Network** 163,962 85%
4 ValueClick Networks** 163,529 84%
5 Specific Media** 159,216 82%
6 Yahoo! Sites 151,262 78%
7 Google 150,355 78%
8 FOX Audience Network** 148,475 77%
9 24/7 Real Media** 146,713 76%
10 Microsoft Media Network US** 144,765 75%
11 Tremor Media - Potential
Reach 143,414 74%
12 Traffic Marketplace** 139,854 72%
13 Tribal Fusion** 138,108 71%
14 Casale Media - MediaNet** 135,716 70%
15 Turn, Inc** 134,888 70%
16 interCLICK** 134,378 69%
17 YuMe Video Network -
Potential Reach 134,241 69%
18 Adconion Media
Group** 130,777 67%
19 Collective Network by
Collective Media** 128,765 66%
20 CPX Interactive** 126,032 65%
21 Platform-A Video
Network - Potential
Reach 125,055 65%
22 AudienceScience (formerly
Revenue Science)** 122,566 63%
23 ADSDAQ by ContextWeb** 122,467 63%
24 Burst Media** 117,033 60%
25 Digital Broadcasting
Group (DBG) - Potential
Reach 112,436 58%
26 MSN-Windows Live 110,291 57%
27 AOL Media Network 106,965 55%
28 BrightRoll Video Network -
Potential Reach 100,579 52%
29 AdBrite** 94,719 49%
30 YOUTUBE.COM 88,880 46%
31 Undertone Networks** 87,648 45%
32 Pulse 360** 82,452 43%
33 Vibrant Media** 80,144 41%
34 Adify** 79,288 41%
35 Centro - Potential Reach 74,479 38%
36 Ask Network 74,142 38%
37 Kontera** 73,814 38%
38 NNN Total Newspapers: U.S. 73,395 38%
39 Monster Career Ad
Network (CAN)** 72,092 37%
40 FACEBOOK.COM 70,278 36%
41 MYSPACE.COM* 70,237 36%
42 ITN Digital - Potential Reach 67,709 35%
43 MSN.COM Home Page 60,207 31%
44 IAC Ad Solutions 59,303 31%
45 TattoMedia** 58,521 30%
46 Glam Media 55,821 29%
47 EBAY.COM 55,606 29%
48 AMAZON.COM 52,991 27%
49 NNN Top 25 50,284 26%
50 Business.com Network 49,435 26%
Reach % denotes the percentage of the total Internet population that
viewed a particular entity at least once in May. For instance, Yahoo!
Sites was seen by 78 percent of the nearly 194 million Internet users in
May.
* Entity has assigned some portion of traffic to other syndicated
entities.
** Denotes an advertising network.
About comScore Media Metrix
comScore Media Metrix provides industry-leading Internet audience measurement services that report details of online media usage, visitor demographics and online buying power for the home, work and university audiences across local U.S. markets and across the globe. comScore Media Metrix reports are used by financial analysts, advertising agencies, publishers and marketers. comScore Media Metrix syndicated ratings are based on industry-sanctioned sampling methodologies.
About comScore
comScore, Inc. is a global leader in measuring the digital world and preferred source of digital marketing intelligence. For more information, please visit http://www.comscore.com/companyinfo.
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comScore, Inc.
CONTACT: Sarah Radwanick of comScore, Inc., +1-312-775-6538, press@comscore.com
Web Site: http://www.comscore.com/
Newport Corporation to Relocate Lasers Division Headquarters to Santa Clara, California-- Consolidation Into a Single New Modern Facility Expected to Increase Operating Efficiency, Provide Cost Savings and Facilitate the Integration of New Focus(TM) --
IRVINE, Calif., June 23 /PRNewswire-FirstCall/ -- Newport Corporation today announced that it will relocate and consolidate its Spectra-Physics Lasers Division headquarters from its five-building campus in Mountain View, California, to a single new manufacturing, research and development, and office facility located at 3625 Peterson Way in Santa Clara, California. The move will improve the efficiency of the Division's operations, enabling it to reduce the amount of space it occupies by over 20%, from 171,000 square feet to 132,000 square feet. In addition, selected business and manufacturing operations being acquired, subject to the close of the purchase of the New Focus(TM) business from Oclaro, Inc., which the company previously announced on June 3rd, will be integrated into the new facility. The company highlighted that the relocation of the Lasers Division headquarters is another positive step it is taking to enhance its competitive position during this period of challenging macroeconomic conditions.
"We are very pleased to be able to move our Lasers Division headquarters to this new, state-of-the-art facility that was originally built for a similar type of production environment," said Robert Phillippy, Newport's president and chief executive officer. "The building represents a significant upgrade of our lasers manufacturing infrastructure, and the consolidation into a single facility will enable further improvements in the Division's work flow while at the same time significantly lowering our facilities costs over the lease term."
Mr. Phillippy continued, "Our recently announced transaction with Oclaro will allow us to eliminate the high-fixed-cost diode fabrication facility in Tucson, Arizona, while sourcing diode lasers for our Spectra-Physics Lasers Division from Oclaro at very competitive price levels. Now, the move of our Lasers Division headquarters to a smaller, more modern manufacturing site will further enhance the improvements to our operations that are already well under way within the Division. We expect the combination of these actions to have a positive impact on the Division's financial performance."
The company noted that it expects to complete the move of the Lasers Division headquarters and the relocation of the selected New Focus(TM) business and manufacturing operations by the end of 2009.
ABOUT NEWPORT CORPORATION
Newport Corporation is a leading global supplier of advanced-technology products and systems to customers in the scientific research, microelectronics, aerospace and defense/security, life and health sciences and precision industrial manufacturing markets. Newport's innovative solutions leverage its expertise in high-power semiconductor, solid-state and ultrafast lasers, photonics instrumentation, sub-micron positioning systems, vibration isolation, optical components and subsystems and precision automation to enhance the capabilities and productivity of its customers' manufacturing, engineering and research applications. Newport is part of the Standard & Poor's SmallCap 600 Index and the Russell 2000 Index.
SAFE HARBOR STATEMENT
This news release contains forward-looking statements, including without limitation statements regarding the expected efficiency improvements resulting from the facility move, the expected elimination of the fixed cost structure of the company's Tucson, Arizona diode laser fabrication facility, the expected positive impact of these actions on the future profitability of the Lasers Division, and the expected timing of the facility move. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks which are difficult or impossible to predict accurately and many of which are beyond the control of Newport. Certain of these judgments and risks are discussed in more detail in Newport's Annual Report on Form 10-K for the year ended January 3, 2009. Although Newport believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Newport or any other person that Newport's objectives or plans will be achieved. Newport undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Newport Corporation
CONTACT: Charles F. Cargile, +1-949-863-3144, Newport Corporation, investor@newport.com; or Dan Peoples, +1-858-552-8146, Makinson Cowell (US)
AT&T Brings AT&T Navigator Application to Apple App StoreiPhone Customers Benefit From Turn-by-Turn, Voice-Guided GPS Navigation with AT&T Navigator, Powered by TeleNav
DALLAS, June 23 /PRNewswire-FirstCall/ -- You have arrived at your destination. For the first time, millions of iPhone customers can now experience one of the most popular turn-by-turn GPS navigation applications. AT&T* today announced the availability of its award-winning location based services app - AT&T Navigator - on iPhone 3G and iPhone 3GS. Using the latest iPhone OS 3.0 software the app brings full audible and visual turn-by-turn navigation service over the nation's fastest 3G network.
Loaded with enhanced functionality and capabilities, AT&T Navigator provides a rich lineup of user-friendly features, including: map updates, speech recognition, ETA updates, more than 10 million business listings, real-time traffic alerts, one-touch rerouting, daily gas prices and more.
"AT&T Navigator has been one of our most popular and best-performing apps since we launched it last year," said Mark Collins, vice president of voice and data products for AT&T Mobility and Consumer Markets. "With the new iPhone OS 3.0 software, we're expanding the advantages of true turn-by-turn navigation - both voice and on-screen directions - to millions more customers. We're bringing greater convenience to drivers and travelers nationwide, including providing regular, automatic updates to map information at no charge so customers have the latest at their fingertips."
Perfect for Parent and Professional.
Gone are the days when business travelers are dependent on built-in car GPS devices. Same goes for parents managing caravans and car pools to overnight soccer tournaments. Built to accommodate road warriors of all kinds, AT&T Navigator maximizes the customer experience to provide:
-- Automatic Content Updates: No manual updates required. The latest map
and navigating details are automatically available to subscribers at
no extra cost.
-- Voice and On-Screen Turn-By-Turn Directions: Real-time voice and
visual guidance, including street names, automatic re-routes, ETA and
total mileage updates. Drivers can also choose among multiple route
options, including 'traffic optimized'; 'fastest'; 'prefer streets';
'prefer highways' and 'pedestrian mode' to ensure the most customized
navigation experience.
-- Speech Recognition: Touch and talk capability for instant turn-by-turn
directions to destination.
-- Traffic Alerts: Real-time route monitoring and proactive searches
every five minutes for traffic congestion or incident. Voice and
on-screen alerts, plus faster route options provided.
-- 3D Maps: Full-color 3D moving map brings navigation to life. Maps
provide details on current location, plus streets and interstates
within driving distance.
-- Business Listings: One-touch access to more than 10 million business
listings from YELLOWPAGES.COM. Plus, access to business ratings, phone
numbers and one-touch dialing.
-- In-Route Customization: Users have the advantage of finding convenient
rest stops for gas, food and other needs along their current route -
saving both time and mileage.
-- Online Trip Planning: Preplan trips, save addresses and manage travel
accounts online at http://www.navpreplan.com/. Save locations and send
directions straight to iPhone.
Award Winning.
AT&T Navigator was recently recognized by global growth and consulting company Frost & Sullivan as the 2009 Consumer Location-Based Service Navigation Application of the Year because of its aggregation of a premier list features into one intuitive application.
The app is available for $9.99 a month from Apple's App Store on iPhone and iPod touch or at http://www.itunes.com/appstore/.
As with AT&T Navigator subscriptions on other devices, the app will be billed directly by AT&T and included on the customer's monthly statement. AT&T Navigator works within the United States. Customers can download the app through Apple's App Store under the "GPS and Navigation" category. AT&T Navigator on iPhone requires iPhone OS 3.0 software.
Additional information, including other devices programmed for AT&T Navigator, is available at http://www.att.com/navigator.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services, the nation's fastest 3G network and the best wireless coverage worldwide, and the nation's leading high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of their three-screen integration strategy, AT&T operating companies are expanding their TV entertainment offerings. In 2008, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE(R) magazine's lists of the World's Most Admired Companies and America'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.
All other marks contained herein are the property of their respective owners.
Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
AT&T Inc.
CONTACT: Sarah Illingworth of AT&T Corporate Communications, +1-617-692-0516, sillingworth@attnews.us
Web Site: http://www.att.com/
Lockheed Martin Installs Next Evolution of Aegis Ballistic Missile Defense System on Cruiser USS Lake Erie
MOORESTOWN, N.J., June 23 /PRNewswire/ -- Lockheed Martin installed the latest evolution of the Aegis Ballistic Missile Defense (BMD) System -- which includes a new ballistic missile defense signal processor, Aegis BSP -- on the cruiser USS Lake Erie (CG-70). Over the next year, USS Lake Erie will complete a series of tests, leading up to full certification of the system upgrade by the U.S. Navy in early 2011.
The Aegis BMD 4.0.1 system represents the next incremental capability upgrade that has been the hallmark of Aegis and its "build a little, test a little, learn a lot" systems engineering philosophy. The upgrade's new Aegis BSP processor improves the system's ability to detect, track and target complex ballistic missiles and their associated countermeasures. The addition of BMD 4.0.1 also integrates the new Standard Missile-3 Block IB missile in late 2010.
"The signal processor is a major technical advance for Aegis BMD before it merges with the Navy's Aegis Modernization Program's fully open architecture, multi-mission combat system," said Orlando Carvalho, vice president and general manager of Lockheed Martin's Surface/Sea-Based Missile Defense line of business. "The continued Aegis program emphasis on systems engineering excellence supports the Navy's desire to expand BMD capability to additional cruisers and destroyers, and grow missile defense capability to pace the threat."
While USS Lake Erie begins advanced testing with Aegis BMD 4.0.1 to support 2011 certification timeline, the other U.S. Navy Aegis BMD-capable ships are now installing the recently-certified Aegis BMD 3.6.1 version that adds the capability to defeat short-range ballistic missiles as they re-enter the atmosphere in their final (terminal) stage of flight to the existing exo-atmospheric capability. The ongoing develop-test-field process provides incremental enhancements that continue to build on each other and move new capability to the fleet faster. Three additional U.S. East Coast-based Aegis-equipped ships also will receive Aegis BMD 3.6.1 to perform ballistic missile defense by early 2010.
The Missile Defense Agency and the Navy are jointly developing Aegis BMD as part of the United States' Ballistic Missile Defense System (BMDS). Currently, a total of 20 Aegis BMD-equipped warships -- 18 in the U.S. Navy and two in the Japanese Maritime Self-Defense Force -- have the certified capability to engage ballistic missiles and perform long-range surveillance and track missions.
The Aegis Weapon System is the world's premier naval defense system and the sea-based element of the U.S. Ballistic Missile Defense System. Its precision SPY-1 radar and integrated command and controls system seamlessly guides the interceptor and uplinks target track information to the missile for terminal homing. Its ability to detect, track and engage targets ranging from sea-skimming cruise missiles to ballistic missiles in space is proven and unmatched. The Aegis BMD Weapon System also integrates with the BMDS, receiving track data from and providing track information to other BMDS elements.
The 91 Aegis-equipped ships currently in service around the globe have more than 950 years of at-sea operational experience and have launched more than 3,500 missiles in tests and real-world operations. In addition to the U.S. and Japan, Aegis is the maritime weapon system of choice for Australia, Norway, South Korea and Spain.
Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile defense system, Patriot Advanced Capability-3 (PAC-3). It also has considerable experience in interceptor systems, kill vehicles, battle management command, control and communications, precision pointing and tracking optics, as well as radar and other sensors that enable signal processing and data fusion. The company makes significant contributions to nearly all major U.S. Missile Defense Systems and participates in several global missile defense partnerships.
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 on Lockheed Martin Corporation, visit: http://www.lockheedmartin.com/
Lockheed Martin
CONTACT: Ken Ross of Lockheed Martin, +1-856-722-6941, or cell, +1-856-912-5802, kenneth.b.ross@lmco.com
Web Site: http://www.lockheedmartin.com/
Company News On-Call: http://www.prnewswire.com/comp/534163.html
Lockheed Martin Installs Next Evolution of Aegis Ballistic Missile Defense System on Cruiser USS Lake Erie
MOORESTOWN, N.J., June 23 /PRNewswire/ -- Lockheed Martin installed the latest evolution of the Aegis Ballistic Missile Defense (BMD) System -- which includes a new ballistic missile defense signal processor, Aegis BSP -- on the cruiser USS Lake Erie (CG-70). Over the next year, USS Lake Erie will complete a series of tests, leading up to full certification of the system upgrade by the U.S. Navy in early 2011.
The Aegis BMD 4.0.1 system represents the next incremental capability upgrade that has been the hallmark of Aegis and its "build a little, test a little, learn a lot" systems engineering philosophy. The upgrade's new Aegis BSP processor improves the system's ability to detect, track and target complex ballistic missiles and their associated countermeasures. The addition of BMD 4.0.1 also integrates the new Standard Missile-3 Block IB missile in late 2010.
"The signal processor is a major technical advance for Aegis BMD before it merges with the Navy's Aegis Modernization Program's fully open architecture, multi-mission combat system," said Orlando Carvalho, vice president and general manager of Lockheed Martin's Surface/Sea-Based Missile Defense line of business. "The continued Aegis program emphasis on systems engineering excellence supports the Navy's desire to expand BMD capability to additional cruisers and destroyers, and grow missile defense capability to pace the threat."
While USS Lake Erie begins advanced testing with Aegis BMD 4.0.1 to support 2011 certification timeline, the other U.S. Navy Aegis BMD-capable ships are now installing the recently-certified Aegis BMD 3.6.1 version that adds the capability to defeat short-range ballistic missiles as they re-enter the atmosphere in their final (terminal) stage of flight to the existing exo-atmospheric capability. The ongoing develop-test-field process provides incremental enhancements that continue to build on each other and move new capability to the fleet faster. Three additional U.S. East Coast-based Aegis-equipped ships also will receive Aegis BMD 3.6.1 to perform ballistic missile defense by early 2010.
The Missile Defense Agency and the Navy are jointly developing Aegis BMD as part of the United States' Ballistic Missile Defense System (BMDS). Currently, a total of 20 Aegis BMD-equipped warships -- 18 in the U.S. Navy and two in the Japanese Maritime Self-Defense Force -- have the certified capability to engage ballistic missiles and perform long-range surveillance and track missions.
The Aegis Weapon System is the world's premier naval defense system and the sea-based element of the U.S. Ballistic Missile Defense System. Its precision SPY-1 radar and integrated command and controls system seamlessly guides the interceptor and uplinks target track information to the missile for terminal homing. Its ability to detect, track and engage targets ranging from sea-skimming cruise missiles to ballistic missiles in space is proven and unmatched. The Aegis BMD Weapon System also integrates with the BMDS, receiving track data from and providing track information to other BMDS elements.
The 91 Aegis-equipped ships currently in service around the globe have more than 950 years of at-sea operational experience and have launched more than 3,500 missiles in tests and real-world operations. In addition to the U.S. and Japan, Aegis is the maritime weapon system of choice for Australia, Norway, South Korea and Spain.
Lockheed Martin is a world leader in systems integration and the development of air and missile defense systems and technologies, including the first operational hit-to-kill missile defense system, Patriot Advanced Capability-3 (PAC-3). It also has considerable experience in interceptor systems, kill vehicles, battle management command, control and communications, precision pointing and tracking optics, as well as radar and other sensors that enable signal processing and data fusion. The company makes significant contributions to nearly all major U.S. Missile Defense Systems and participates in several global missile defense partnerships.
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 on Lockheed Martin Corporation, visit: http://www.lockheedmartin.com/
Lockheed Martin
CONTACT: Ken Ross of Lockheed Martin, +1-856-722-6941, +1-856-912-5802 (cell), kenneth.b.ross@lmco.com
Web Site: http://www.lockheedmartin.com/
Company News On-Call: http://www.prnewswire.com/comp/534163.html
Sirit Installs First Electronic Vehicle Monitoring System in MexicoElectronic vehicle registration system to address public safety concerns
TORONTO, June 23 /PRNewswire-FirstCall/ -- Sirit Inc. ("Sirit") (TSX: SI), a leading provider of radio frequency identification ("RFID") technology, along with its partner, Axiompass, a leading integrator and supplier of tolling equipment and RFID systems across Mexico, announces the successful implementation of the first electronic vehicle registration ("EVR") monitoring system in Mexico. The system was inaugurated by Mexican President Felipe Calderón today.
Utilizing Sirit's stationary automatic vehicle identification ("AVI") monitoring technology, vehicles are tracked as they pass through the Alpuyeca toll plaza and mobile AVI monitoring technology in Cuernavaca, both in the State of Morelos. Sirit's reader and lane controller technology read the REPUVE (National Public Vehicle Registry) tag while cameras also capture an image of the license plate. The data is then transmitted to a central database which matches the data to vehicles of interest. This enables the various regional enforcement agencies to recognize identified vehicles on a watch list and take appropriate action as the vehicle travels along the highway.
Initial plans suggest this monitoring system will be implemented throughout the State of Morelos, with the potential for additional states to be implemented before year end through various RFP processes.
"I am very impressed with the sophistication and ease of implementation of Sirit's technology which enabled the entire system to be installed in under a month," commented Jose Antonio Romero Santoyo, Vice President Operations, Axiompass. "The system is functioning beyond expectations and can be easily integrated into similar installations throughout Mexico."
"I am very excited that the Secretaria de Seguridad Publica has chosen Sirit's technology for their first installation. We have leveraged our 15 years of experience from the installation and operation of various tolls roads throughout the United States, such as the SR 91 toll road in southern California, and applied our knowledge to this new system in Mexico," added Wolf Bielas, President Latin America, Sirit.
About Sirit Inc.
Sirit Inc. (TSX: SI) is a leading provider of Radio Frequency Identification (RFID) technology worldwide. Harnessing the power of Sirit's enabling-RFID technology, customers are able to more rapidly bring high quality RFID solutions to the market with reduced initial engineering costs. Sirit's products are built on more than 15 years of RF domain expertise addressing multiple frequencies (LF/HF/UHF), multiple protocols and are compliant with global standards. Sirit's broad portfolio of products and capabilities can be customized to address new and traditional RFID market applications including Supply Chain & Logistics, Cashless Payment (including Electronic Tolling), Access Control, Automatic Vehicle Identification, Near Field Communications, Inventory Control & Management, Asset Tracking and Product Authentication. For more information, visit http://www.sirit.com/.
About Axiompass
Axiompass is a leading integrator of person and vehicle identification systems in North America. Axiompass' products include automatic vehicle identification, identity management, access control, electronic documents, and secure electronic payment. Axiompass bases its technology solutions on smartcard, biometric, and RFID technology. For more information, visit http://www.axiompass.com/.
Cautionary Note Regarding Forward-Looking Statements
Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian provincial securities legislation. These forward-looking statements relate to, among other things, Sirit's objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "suspect", "outlook", "expect", "intend", "estimate", "anticipate", "believe", "plan", "forecast", "objective" and "continue" (or the negative thereof) and words and expressions of similar import, and may include statements concerning possible or assumed future results, financial outlook and/or future-oriented financial information. Although Sirit believes that the expectations reflected in such forward-looking statements are reasonable, such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Sirit to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of risks and uncertainties impacting Sirit's business. Important factors that could cause actual results to differ materially from expectations include but are not limited to: Sirit's ability to achieve commercialization and/or commercial acceptance of its RFID technology; the evolution of, and adoption rate in, the RFID market; Sirit's inability to expand sales both within and outside its traditional markets; changes in Sirit's strategic relationships; Sirit's dependence on resellers, distributors and significant customers; the utility of research and development expenditures undertaken by Sirit; product defects; increased levels of competition; changes in laws and regulations; foreign exchange fluctuations; and Sirit's overall liquidity and capital resources. These and other important risks are discussed in further detail in the section entitled "Risks Factors" in Sirit's Annual Information Form dated March 13, 2009 and in Sirit's management's discussion and analysis found in its 2008 annual report as filed with the securities regulatory authorities in Canada via SEDAR. Although Sirit has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. Unless otherwise required by law, Sirit does not undertake any obligation to update any forward-looking statements contained in this news release as a result of new information, further events or otherwise. This cautionary statement expressly qualifies the forward-looking information in this news release.
"Sirit", the Sirit Design and "vision beyond sight" are all trademarks of Sirit Inc. All other names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Sirit Inc.
CONTACT: Tawnya Clark, Sirit Inc., (619) 393-2645, tclark@sirit.com
AVI-SPL Distinguished with Polycom's Integrator of the Year Award for 2008Recognition highlights outstanding customer service, ability to provide complete end-to-end video communications solutions
TAMPA, Fla., June 23 /PRNewswire/ -- Leading audio and video communications provider AVI-SPL was recently named "Integrator of the Year" by Polycom, Inc. , the global leader in telepresence, video and voice communications solutions. Announced last week during the InfoComm 2009 conference and expo in Orlando, Fla., Polycom's award recognizes AVI-SPL for outstanding customer service, highlighting the company's ability to create innovative solutions that support the unique needs of a diverse range of markets, including the corporate, education and government sectors.
"AVI-SPL is proud to be recognized for this achievement, and looks forward to continued success with Polycom, in support of customized services and solutions for clients worldwide," said CEO John Zettel. "We are committed to becoming a dominant player in the video and Telepresence space, from desktop technology to our newly launched suite of managed conferencing services for both traditional video and telepresence environments, ConferencePoint(TM). Acknowledgement by key partners like Polycom demonstrates that we are continuing to solidify our strength in this space."
"This is an exciting time for resellers in the communication and collaboration market as today's solutions can dramatically impact the performance and competitiveness of their customers' business across industries," said Mark Roberts, vice president, partner marketing, Polycom. "Polycom is proud to be represented by AVI-SPL, which has demonstrated continued excellence in meeting customer needs."
About AVI-SPL
Headquartered in Tampa, FL, AVI-SPL is the result of a merger between Audio Visual Innovations (AVI) and Signal Perfection, Ltd. (SPL). In aggregate the company has more than 40 years of experience providing innovative audio and video communications solutions with a strong tradition of high quality and exceptional customer service. As the largest global integrator for audio and video communications systems and services, AVI-SPL is uniquely positioned to deliver the most comprehensive line-up of presentation solutions, including: systems integration, sales and rentals, complete staging productions, managed conferencing, IP integration and event management. For more about AVI-SPL, visit http://www.avispl.com/.
About Polycom
Polycom, Inc. , is the global leader in telepresence, video, and voice solutions and a visionary in communications that empower people to connect and collaborate everywhere. Please visit http://www.polycom.com/ for more information.
AVI-SPL
CONTACT: Candace Clarke, AVI-SPL, +1-813-884-7168, ext. 2860, Candace.Clarke@avispl.com
Web Site: http://www.avispl.com/
Made in IBM Labs: IBM Charges Up Research Into Next Generation Electric Energy StorageIBM Research Explores Battery Technologies to Further Electric Vehicle Adoption and Make Energy Grids More Efficient
SAN FRANCISCO, June 23 /PRNewswire-FirstCall/ -- IBM will gather many of the top minds in science, industry and technology to explore the next frontier of electrical energy storage and advanced battery systems - key technologies that will power smarter energy grids, support widespread use of electric cars, and more - at its annual Almaden Institute in San Jose, California, on August 26 and 27.
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The goal of the 2009 Almaden Institute is to catalyze long-term, concerted efforts to create next-generation rechargeable batteries capable of storing ten times more energy than today's most powerful Lithium-ion batteries. Speakers include Nobel Laureate and energy expert Burton Richter; Marc Tarpenning, co-founder of Tesla Motors; and Deborah Gordon, co-author of 2 Billion Cars.
"High density, scalable energy storage technologies are emerging as the greatest game changer for this new era of renewable energy sources and smarter grids," said Sharon Nunes, vice president, Big Green Innovations, IBM. "Today, the vast majority of the world's oil is burned for transportation. Energy sources, such as wind and solar power, fluctuate continuously. We believe the solution may lie in the development of an efficient, affordable energy storage network."
IBM Research's Almaden Institute brings together eminent, innovative thinkers from academia, government, industry, research labs and the media for an intellectually charged and vigorous dialogue that addresses fundamental challenges at the very edge of science and technology. Previous Almaden Institutes have launched major research projects in cognitive computing, service science and healthcare informatics.
Leveraging expertise in materials science, nanotechnology, green chemistry and supercomputing, scientists at IBM Research's Almaden lab in San Jose, California, are undertaking a multi-year research initiative around a grid-scale, efficient, affordable electrical energy storage network. The team plans to explore rechargeable Lithium/Air systems, which have the greatest energy density of all practical battery systems and are inherently safer than traditional Lithium/ion systems.
IBM intends to partner with industry leaders, academia and others in this collaborative endeavor. The company would license any intellectual property that may result from this research rather than manufacturing battery cells.
IBM Research teams across the world apply advanced materials science, physics, modeling tools, materials science, physics, and integration expertise to address emerging environmental management opportunities. IBM is focused on several areas related to energy and the environment, including energy efficient technology and services, carbon management, advanced water management, intelligent utility networks and intelligent transportation systems.
The company's focus on exploring battery technologies stems from IBM's Big Green Innovations initiative. Announced in November 2006, as part of IBM's investment in 10 new businesses generated by InnovationJam, Big Green Innovations has concentrated its efforts on water management, alternative energy and carbon management.
With decades of leadership in environmental stewardship, proven ability to solve complex challenges and unparalleled global reach, IBM is uniquely positioned to increase the efficiency of today's systems and enable our clients' "green" strategies.
ABOUT IBM
For more information, please visit http://www.ibm.com/green.
For more information about the 2009 Almaden Institute, please visit http://www.almaden.ibm.com/institute.
Contact information
Sara Delekta Galligan
IBM media relations
408.927.2272
sdelekta@us.ibm.com
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IBM
CONTACT: Sara Delekta Galligan of IBM media relations, +1-408-927-2272, sdelekta@us.ibm.com
Web Site: http://www.ibm.com/
IBM and SFPUC Team to Help Reduce Water Pollution in the San Francisco Bay and Pacific OceanSan Francisco Public Utilities Commission Implements IBM Software to Manage Wastewater and Sewer System
SAN FRANCISCO, June 23 /PRNewswire-FirstCall/ -- IBM today announced the San Francisco Public Utilities Commission (SFPUC) is using IBM software to help reduce pollution in the water that surrounds the city on three sides -- the San Francisco Bay and the Pacific Ocean.
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The SFPUC, which treats an average of 80-90 million gallons of wastewater per day during dry weather and up to 370 million gallons of combined wastewater and storm runoff per day during the rainy season, is using the IBM software to develop smarter management of the city's 1,000 miles of sewer system and three treatment facilities.
Already, in the last year, the IBM software has improved the organization's ratio of preventive to corrective maintenance by approximately 11 percent, meaning that the organization has been doing more preventive and less corrective maintenance. This is how SFPUC is measured against industry standards.
The IBM Maximo Asset Management software gives the SFPUC greater visibility into their maintenance operations and physical infrastructure, with near real-time status of equipment and maintenance history. The software also integrates with the city's 311 and 28-CLEAN Customer Service systems -- dispatch centers that handle non-emergency problems, such as potholes, abandoned vehicles, loose manhole covers and overflowing storm drains.
"Using the IBM Maximo Asset Management software, problems are often solved within 24 hours," said Tommy Moala, Assistant General Manager, SFPUC Wastewater Enterprise. "But the real value of the IBM software is the information it gathers so that we can help further reduce water pollution. For example, with some work order histories generated from the IBM software, we can see that we've rebuilt a pump, say, 10 times -- maybe it's time to replace it. The software also helps us to reduce the cost of managing the system down to the component level."
Along with IBM Maximo Asset Management software, the commission's Wastewater Enterprise is using ArcGIS geographic information software from IBM Business Partner ESRI to locate and measure assets spatially.
For instance, the city was able to solve a problem of missing catch basin grates -- the heavy metal grates that keep large objects from falling into storm drains. IBM Maximo Asset Management software and ArcGIS revealed that all the incidents were located within a quarter mile of a scrap metal yard.
The SFPUC infrastructure includes wastewater treatment machinery, basins and piping including huge capital investments such as large-capacity lift pumps, dewatering centrifuges, belt presses, engine generators and a complex series of huge collection boxes--large basins strategically located throughout the city that capture storm water.
IBM has developed a number of smarter water offerings under its 'Big Green Innovations' initiative, part of a $100 million investment in 10 new businesses based on ideas generated during Innovation Jam, an IBM-led effort to gather ideas from thousands of clients, employees and thought leaders around the world. The Big Green Innovations team at IBM has concentrated its efforts on water management, alternative energy and carbon management.
"Water management is an issue faced by every business, city and government on the planet," said Sharon Nunes, Vice President for Big Green Innovations at IBM. "We're helping the SFPUC gain deep insight into the management of their water supply and usage so they can improve the quality of their water system while reducing the costs associated with removing the pollution, particularly in a big city like San Francisco."
SFPUC is also using IBM Cognos(R) 8 Business Intelligence software to pinpoint and report to management about trends such as the time required to get work orders, and the ratio of preventive maintenance to corrective maintenance.
For more information on the San Francisco Public Utilities Commission, visit: http://www.sfwater.org/home.cfm.
To see a video on SFPUC, go to: http://www.youtube.com/user/SFPUCcommunications
More about IBM's vision to bring a new level of intelligence to how the world works--how every person, business, organization, government, natural system, and man-made system interacts, can be found at: http://www.ibm.com/press/us/en/presskit/26094.wss
For images, videos, and more information related to IBM and water, visit http://www.ibm.com/press/us/en/presskit/26906.wss.
Media Contacts:
Libra White
IBM Communications
1-408-404-6786
libra@us.ibm.com
Tyrone Jue
SFPUC Communications
1-415-554-3247
tjue@sfwater.org
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IBM
CONTACT: Libra White, IBM Communications, 1-408-404-6786, libra@us.ibm.com; Tyrone Jue, SFPUC Communications, 1-415-554-3247, tjue@sfwater.org
Web Site: http://www.ibm.com/
IBM Forms Green Sigma(TM) Coalition; Partners With Metering, Monitoring, Automation, Communication, Software Leaders for 'Green' SolutionsCollaboration for a Greener Planet
SAN FRANCISCO, June 23 /PRNewswire-FirstCall/ -- IBM has created an industry alliance with key leaders in metering, monitoring, automation, data communications and software to provide smart solutions for energy, water, waste and greenhouse gas management.
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Charter members of the Green Sigma(TM) Coalition are Johnson Controls, Honeywell Building Solutions, ABB, Eaton, ESS, Cisco, Siemens Building Technologies Division, Schneider Electric and SAP. The coalition members will work with IBM to integrate their products and services with IBM's Green Sigma(TM) solution.
This will allow companies using these combined solutions to better understand energy and water usage, waste, and greenhouse gas emissions across their business operations and make changes to improve efficiency, reduce consumption and waste, and lower environmental impact.
"As we all work toward creating a greener, smarter planet, it is plain that none of us can get there alone," said Rich Lechner, IBM's vice president for energy and environment. "Through public and private partnerships, and with leaders across a range of industries and technologies combining and sharing our expertise and talent, we can create the solutions the world needs to conserve resources and address climate change."
Green Sigma(TM) is an IBM solution that applies Lean Six Sigma principles and practices to energy, water, waste and GHG emissions throughout a company's operations -- transportation systems, data centers and IT systems, manufacturing and distribution centers, office facilities, retail space, research and development sites, etc.
It combines real-time metering and monitoring with advanced analytics and dashboards that allow clients to make better decisions that improve efficiency, lower costs and reduce environmental impact.
IBM announced the Green Sigma(TM) Coalition in support of its Green and Beyond Summit for Industry leaders in San Francisco today. The program includes panel discussions with key industry leaders and public officials on public/private collaboration for a greener planet, covering sustainability and energy management across business operations and demand reduction, incentives and compliance.
In addition to the Green Sigma(TM) Coalition, IBM announced several other new or expanded relationships with key industry leaders, including:
-- Novell and Thunderhead have received Ready for IBM Energy and
Environment validation for their software solutions. The program is
designed to help IBM Business Partners validate, market and sell
solutions bearing a unique mark that assures clients the product or
service has been rigorously evaluated and demonstrated to reduce
environmental impact based on real-world customer use.
IBM's validation process requires products and services to meet stringent criteria that address the reduction or use of resources such as energy, water and paper materials. Submissions are reviewed by the IBM Energy & Environment Review Board and IBM's Corporate Environmental Affairs group;
-- IBM and Cisco have integrated IBM Tivoli Monitoring for Energy
Management and Cisco EnergyWise energy management solution. The new
combined solution broadens the range of power consumption information
and energy optimization policies that can be managed by IBM Energy
Management solutions to help organizations discover, optimize, and
report energy usage within their data center and business
infrastructure.
And IBM and Honeywell will integrate Tivoli Monitoring for Energy Management with Honeywell's EBI and Tridium offerings.
"NYSERDA has a longstanding partnership with IBM. Together, we have invested over $15 Million for energy efficiency improvements to IBM's New York facilities," said Francis J. Murray Jr., President and CEO of the New York State Energy and Development Authority. "We are proud to continue that partnership with IBM and the Green Sigma Coalition as it designs effective energy efficiency and carbon reduction strategies for New York's manufacturers, data centers and other businesses. As we develop statewide energy strategies, we see the problems and bottlenecks created by stand-alone solutions and disparate systems that cannot share information. We applaud IBM's approach of sharing expertise and technology through industry collaboration with IBM's Green Sigma Coalition and other public/private partnerships. The coalition's goal of providing customers with a unified view of their energy, water, waste and greenhouse gas emissions to enable overall efficiency and reduce environmental impact represents a significant advancement in the market."
These new relationships support IBM's "smarter planet" initiative, which envisions a world where everything is instrumented, interconnected and intelligent. This is essentially about using sophisticated technologies and business processes to set the right metrics and then collect and analyze information to make better decisions.
For more information about IBM's commitment to providing Green and Beyond solutions, go to: http://www.ibm.com/ibm/green/index.shtml
For press information about IBM's Green and Beyond announcements, please visit: http://www-03.ibm.com/press/us/en/presskit/27232.wss
Contact Information
Jay Cadmus Emily Horn Jennifer Knecht
IBM Media Relations IBM Media Relations IBM Media Relations
(o) 914-766-2326 415-545-2634 917-472-3607
(c) 203-948-2351 horne@us.ibm.com knechtj@us.ibm.com
jcadmus@us.ibm.com
http://twitter.com/jaycadmus
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IBM
CONTACT: Jay Cadmus, office, +1-914-766-2326, or cell, +1-203-948-2351, jcadmus@us.ibm.com, http://twitter.com/jaycadmus, or Emily Horn, +1-415-545-2634, horne@us.ibm.com, or Jennifer Knecht, +1-917-472-3607, knechtj@us.ibm.com, all of IBM Media Relations
IBM Extends Green Reach Through Public and Private CollaborationIBM Research Innovation, Partnerships and New Services Help Clients Increase Efficiency, Achieve Sustainability and Cut Costs
SAN FRANCISCO, June 23 /PRNewswire-FirstCall/ -- Ahead of a Green and Beyond Summit here today, IBM detailed new computing systems, research initiatives, client results and partnerships aimed at meeting the rising demand by businesses and governments worldwide to reduce energy costs and consumption by optimizing their systems and resources, while at the same time becoming more accountable and socially responsible.
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Rich Lechner, IBM vice president for Energy and the Environment, said that over the past few years, a new world has emerged -- one with volatile energy supplies, more awareness of the impact of greenhouse gas (GHG), global financial crises -- that makes sustainable business practices a critical imperative for clients.
"Businesses, governments and people everywhere have expressed their desire to make more efficient use of energy and natural resources," said Lechner. "They are investing in making systems intelligent by building smarter and greener buildings, IT infrastructures, supply chains, and other business operations, as well as utility and water systems. With today's announcements, we signal our clear desire to partner with them every step of the way."
IBM made the announcements in support of its Green and Beyond Summit for Industry Leaders at the California Academy of Sciences, a gathering of more than 200 energy experts and leaders from business, government, academia and the venture capital community.
New Partnerships - Green Sigma Coalition
IBM announced today the creation of an industry alliance with key leaders in metering, monitoring, automation, data communications, software and analytics to provide smart solutions for energy, water, waste and greenhouse gas management.
Charter members of the Green Sigma(TM) Coalition are Johnson Controls, Honeywell Building Solutions, ABB, Eaton, ESS, Cisco, Siemens Building Technologies Division, Schneider Electric and SAP. The coalition members will work with IBM to integrate their products and services with IBM's Green Sigma(TM) solution.
Green Sigma(TM) is an IBM solution that applies Lean Six Sigma principles and practices to energy, water, waste and GHG emissions throughout a company's operations -- transportation systems, data centers and IT systems, manufacturing and distribution centers, office facilities, retail space, research and development sites. It combines real-time metering and monitoring with advanced analytics and dashboards that allow clients to make better decisions about energy and water usage, waste and GHG emissions to improve efficiency, lower costs and reduce environmental impact.
"It is becoming increasingly important that we use energy more efficiently both to better utilize the resource and to reduce greenhouse gas emissions," said Dr Richard L. Sandor, Chairman and Founder of the Chicago Climate Exchange. "We are encouraged that the results of these types of collaborative efforts between public utilities and industry leaders like those promoted by IBM are providing energy and water solutions that are efficient and environmentally responsible."
"NYSERDA has a longstanding partnership with IBM. Together, we have invested over $15 Million for energy efficiency improvements to IBM's New York facilities," said Francis J. Murray Jr., President and CEO of the New York State Energy and Development Authority. "We are proud to continue that partnership with IBM and the Green Sigma Coalition as it designs effective energy efficiency and carbon reduction strategies for New York's manufacturers, data centers and other businesses. As we develop statewide energy strategies, we see the problems and bottlenecks created by stand-alone solutions and disparate systems that cannot share information. We applaud IBM's approach of sharing expertise and technology through industry collaboration with IBM's Green Sigma Coalition and other public/private partnerships. The coalition's goal of providing customers with a unified view of their energy, water, waste and greenhouse gas emissions to enable overall efficiency and reduce environmental impact represents a significant advancement in the market."
New Research Innovations for Cooler, Greener Data Centers and Next Generation Electric Energy Storage
The Swiss Federal Institute of Technology Zurich (ETH), and IBM today announced plans to build a first-of-a-kind water-cooled supercomputer that will repurpose excess heat for the university buildings. The innovative system, named "Aquasar", is expected to decrease the carbon footprint of the Institute by up to 85 percent, which is equivalent to 30 tons of CO2 per year, compared to a similar system using today's cooling technologies*.
With an innovative water-cooling system and direct heat reuse, the new "Aquasar" supercomputer, which will be located at the ETH and is planned to start operation in 2010, is expected to reduce overall energy consumption by up to 40 percent. The system is based on long-term joint research of ETH and IBM scientists in the field of chip-level cooling as well as on a concept for "water-cooled data centers with direct energy re-use" invented by scientists at IBM's Zurich Lab.
The water-cooled supercomputer will consist of two IBM BladeCenter(R) servers with 22 Cell blades and 6 Intel(R) blades with Nehalem processor and will have a peak performance of about 10 Teraflops.
Since IBM Research first deployed Measurement and Management Technologies (MMT) in 2007, IBM has completed measurement of approximately 1.4 million square feet of client data centers worldwide. This work has uncovered 38 million kWh of potential saving for IBM clients, the majority of which is achievable with little or no capital expense investment.
Recently, this tool was put to the test in conjunction with Southern California Edison (SCE) to address power and thermal management.
"Through a pilot project using this advanced technology from IBM Research, we were able help one of our large commercial customers reduce power consumption for its data center cooling by 10 percent," said Lynda Ziegler, SCE senior vice president, Customer Service. "As one of the nation's leading utilities for demand response and energy efficiency programs, we are always interested in tools and partnerships that help address energy and environmental issues."
Today, IBM also announced the release of a new real-time version MMT 1.5 that extends the previous point in time measurements to now include continuous and dynamic monitoring of thermal efficiency.
IBM Research also unveiled a new long-term research initiative to spur the creation of next-generation rechargeable batteries capable of storing 10 times more energy than today's most powerful Lithium-ion batteries. Eventually, this technology could power smarter energy grids, support widespread use of electric cars, and more.
Leveraging expertise in materials science, nanotechnology, green chemistry and supercomputing, scientists at IBM Research's Almaden lab in San Jose, California, are undertaking a multi-year research initiative around a grid-scale, efficient, affordable electrical energy storage network. The team plans to explore rechargeable Lithium/Air systems, which have the greatest energy density of all practical battery systems and are inherently safer than traditional Lithium/ion systems.
Worldwide Clients Embrace Energy Efficient Designs from IBM
IBM reported it has completed its 100th scaleable, modular data center (SMDC) to support the growing technology requirements of the world's businesses and governments. IBM installed the 100th center on behalf of Columbia County, Georgia, and its agencies and citizens. Over the past two years, Columbia County had experienced outages due to inadequate power and cooling systems, highlighting the need to upgrade its existing data center infrastructure. In addition, the county's population has grown 26 percent since 2000, increasing the demand for citizen services that are available 24 hours a day via the Web.
Following 2007 assessment of Columbia County's existing IT infrastructure and its projected capacity requirements, IBM designed and implemented a modular architecture that enables the county to reduce power consumption and related energy costs, monitor power and cooling efficiencies and accommodate future growth. Located in Evans, Georgia, the renovated data center also provides increased redundancy -- or availability -- to eliminate outages and to improve the county's delivery of services via Web applications.
"The county's population growth has led to a steady increase in the use of government services and systems, which required us to strengthen the county's IT infrastructure to meet future demand," said Lewis Foster, IT Manager for Columbia County. "Working closely with IBM, we've been able to double the county's IT capacity with virtually no increase in our energy footprint, thereby improving our efficiency and advancing our efforts to employ greener solutions."
IBM has been instrumental in helping TD Bank Financial Group (TDBFG) improve the power utilization (PUE) of its prime data center in Scarborough, Ontario. Additionally, TDBFG is relying on IBM expertise in building its new facility. IBM data center experts are playing a leadership role in the program management as well as providing advice in achieving Leadership in Energy and Environmental Design (LEED) gold certification and an efficiency power utilization rating of 1.6.
"The availability of this service from an industry leader such as IBM is a smart complement to our energy reduction aspirations for our day to day operations. It also supports our goal of ensuring our Canadian operations are carbon neutral in 2010," said Karen Clarke-Whistler, Chief Environment Officer, TDBFG. "The study allowed us to refine our PUE assessment and to list and prioritize a number of improvement opportunities. These items are now being worked on in order to improve the rating of our data center."
TDBFG is also working with IBM to develop a mobility strategy covering all the technology, logistics, human resources and business issues associated with employees working remotely. This would allow TDBFG to reduce the building space it occupies, significantly reducing GHG emissions associated with office activities.
Recology, the United States' leading waste management company, IBM conducted the design, construction and relocation of the data center from San Francisco to a more efficient and flexible infrastructure that allows for growth and the deployment of new technologies in Recology's Sacramento site. As a result, IBM helped Recology reduce annual power costs, while enabling Recology to effectively meet technology requirements of its expanding business, which serves more than 600,000 residential and 60,000 commercial customers. In addition, the solution delivers high IT availability, higher employee productivity and easier access to Recology's data and information.
"IBM engaged with us from the very beginning to understand our critical business needs and design appropriate solutions," said Michael McLaughlin, director of information technology for Recology. "IBM's unmatched expertise to design, build, and upgrade a number of technologies in a four month time frame will certainly support our dynamic growth plans effectively. It was truly a pleasure to work with IBM throughout this project."
New Capabilities for Measuring and Managing Energy Usage and Costs
Following of the relocation of one of its data centers in the greater Cincinnati, OH area, The Kroger Co. wanted to determine the amount of electricity saved as a result of the move and consolidation. IBM played a major role in the design and placement of computer equipment within the new data center in order to maximize cooling and minimize power consumption. Kroger turned to IBM and Neuwing Energy Ventures for their expertise in documenting and validating energy savings derived through this relocation. All three entities worked together to measure and verify energy savings by adhering to regulatory and voluntary standards for Energy Efficiency Certificates (EECs). Kroger expects Neuwing to issue Energy Efficiency Certificates this summer that confirm the substantial energy savings Kroger achieved through this project. Each Energy Efficiency Certificate earned is a unique and traceable commodity that verifies the specific amount of megawatt hours saved.
In addition, Kroger is teaming with IBM on an energy management pilot designed to improve visibility and control of ongoing energy consumption of its IT and facilities infrastructure. The solution, which includes IBM Tivoli Monitoring for Energy Management, will be deployed at a data center in Greater Cincinnati to measure and benchmark energy and thermal metrics at the facility. Through this pilot, Kroger plans to extend energy management best practices to other areas of operation. Kroger cites the ability to leverage its existing investment in IBM hardware and software solutions, and the breadth of IBM's partner ecosystem as the key reasons it selected IBM for the pilot.
Jim Scott, Kroger's Chief Technology Officer, said, "Partnering with IBM allows us to explore how many of our existing hardware and middleware solutions can be enhanced to help us achieve our corporate sustainability goals. IBM's commitment to developing a robust partner ecosystem reinforces our belief that IBM is the right partner to help us measure and manage energy usage and costs across our entire infrastructure."
Today, IBM announced that IBM and Cisco have integrated IBM Tivoli Monitoring for Energy Management and Cisco EnergyWise energy management solution. The new combined solution broadens the range of power consumption information and energy optimization policies that can be managed by IBM Energy Management solutions to help organizations discover, optimize, and report energy usage within their data center and business infrastructure.
IBM and Honeywell will also integrate Tivoli Monitoring for Energy Management with Honeywell's EBI and Tridium offerings.
IBM announced the availability of enhanced capabilities in its Tivoli Energy Management solution. IBM Tivoli Monitoring for Energy Management v6.2.1 will be available at the end of June 2009. This release enhances the integration between IBM Tivoli Monitoring for Energy Management and APC by Schneider Electric's InfraStructure(R)Central Management Platform Suite, Johnson Controls' Metasys, and other partner's offerings to significantly extend the base of chillers, CRACs, generators, UPSs and PDUs that can be monitored and managed with the IBM solutions. Numerous clients are actively exploring the value that is delivered by the IBM Tivoli software integration with partners such as Johnson Controls and APC.
Today, IBM unveiled the new IBM Maximo Asset Management for Energy Optimization. This product will be available on August 14. IBM Maximo Asset Management for Energy Optimization leverages data from IBM Tivoli Monitoring for Energy Management to provide real time visualizations of power, temperature, humidity etc on top of physical layouts of datacenters and other buildings. The visualizations can be utilized to make decisions on physical layouts, HVAC optimizations and to automate the creation of work orders or service requests to implement changes for efficient operations.
New Approaches for Managing Waste Water
IBM is collaborating with the San Francisco Public Utilities Commission (SFPUC) to help manage the city's 1,000 mile-long combined sewer system and three treatment facilities, which helps reduce pollution in the San Francisco Bay and Pacific Ocean.
The SFPUC treats an average of 80-90 million gallons of wastewater during dry weather and during wet weather a peak of up to 370 million gallons of combined wastewater and storm runoff.
The SFPUC uses IBM Maximo Asset Management software to provide greater visibility into its maintenance operations and physical infrastructure. The software integrates with the city's 311 and 28-CLEAN Customer Service systems. Both are dispatch centers that handle non-emergency problems, such as potholes, abandoned vehicles and sewer problems such as odors, loose manhole covers and overflowing storm drains.
"Using the IBM Maximo Asset Management software, problems are often solved within 24 hours," said Tommy Moala, Assistant General Manager, SFPUC Wastewater Enterprise. "But the real value of the IBM software is the information it gathers so that we can improve the reduction of water pollution. For example, with some work order histories generated from the IBM software, we can see that we've rebuilt a pump, say, 10 times -- maybe it's time to replace it. The software also helps us to reduce the cost of managing the system down to the component level."
The SFPUC infrastructure includes wastewater treatment machinery, basins and piping including huge capital investments such as large-capacity lift pumps, dewatering centrifuges, belt presses, engine generators and a complex series of huge collection boxes--large basins strategically located throughout the city that capture storm water.
Today's announcements are part of a two-fold approach by IBM to make its existing products and processes more efficient for both the environment and for business, while also developing new innovations that can accelerate the adoption of products and services that have lesser environmental impact.
For more information about IBM's commitment to providing Green and Beyond solutions, go to: http://www.ibm.com/ibm/green/index.shtml
For press information about IBM's Green and Beyond announcements, please visit: http://www-03.ibm.com/press/us/en/presskit/27232.wss
Contact Information
Jay Cadmus Emily Horn Jennifer Knecht
IBM Media Relations IBM Media Relations IBM Media Relations
(o) 914-766-2326 415-545-2634 917-472-3607
(c) 203-948-2351 horne@us.ibm.com knechtj@us.ibm.com
jcadmus@us.ibm.com
http://twitter.com/jaycadmus
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IBM
CONTACT: Jay Cadmus, (o) +1-914-766-2326, (c) +1-203-948-2351, jcadmus@us.ibm.com; or Emily Horn, +1-415-545-2634, horne@us.ibm.com, or Jennifer Knecht, +1-917-472-3607, knechtj@us.ibm.com, all of IBM Media Relations
Web Site: http://www.ibm.com/ibm/green/index.shtml
Supermicro Showcases World's Densest and Greenest HPC Solutions at ISC '091,440 Processor Cores per 42U Rack with 4-Way SuperBlade(R) Optimized for Six-Core AMD Opteron(TM) Processors, QDR InfiniBand, Gold Level Power Efficiency
HAMBURG, Germany, June 23 /PRNewswire-FirstCall/ -- Super Micro Computer, Inc. , a leader in application-optimized, high performance server solutions, is showcasing the world's densest and greenest HPC solutions optimized for the new Six-Core AMD Opteron(TM) processors (code-named "Istanbul") this week at International SuperComputing 2009 (booth 310). Rackmount servers on display include 1U Twin(TM) and 4-way 1U servers which support 24 processing cores in a 1U form factor as well as the new 2U Twin2 with four hot-pluggable DP computing nodes which supports 48 processor cores. For those seeking even higher compute density, Supermicro's 4-way SuperBlade(R) features 240 processor cores in 7U.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090623/AQ36670)
"Both our 4-way Six-Core SuperBlade(R) and 2U Twin2 servers are available with QDR 40 Gigabit per second InfiniBand, hot-pluggable features and high-efficiency 93%+* Gold Level power supplies for best energy efficiency, costs and space requirements, while delivering maximum computing power per rack," said Charles Liang, president and CEO of Supermicro. "When loaded with Istanbul processors, our SBA-7141M-T blade enables 1,440 processor cores and 7.68 terabytes of memory in a 42U rack, making it the densest solution available."
"AMD is pleased to work with Supermicro to deliver the performance, scalability and overall efficiency HPC customers demand across a variety of workloads," said Patrick Patla, Vice President and General Manager, Server and Workstation division, AMD . "Building on the success of AMD's Direct Connect architecture, the performance and feature enhancements of the Six-Core AMD Opteron processor, particularly HyperTransport(TM) technology HT assist for superior memory throughput, make Supermicro's server and blade platforms even more beneficial to the HPC market."
In addition to the many performance enhancements in Six-Core AMD Opteron processors, Supermicro offers Six-Core A+ solutions with the following high-performance design features:
-- Up to 10 quad-processor (4P) or dual-processor (DP) Blades in a 7U
enclosure: Industry-leading density and power efficiency (93%*) with
up to 240 processor cores and 1,280GB memory per 7U enclosure
-- 2U Twin2 designs: Provide four hot-plug DP nodes, up to 256GB memory,
12 hot-swap 3.5" drives, optional 20Gb/s InfiniBand and redundant
93%+* Gold Level power supplies
-- 1U Twin designs: Provide two DP nodes, up to 128GB memory and
optional InfiniBand
-- Universal I/O designs: Provide flexible I/O customization and
investment protection
-- High memory capacity: 16 DIMM and 32 DIMM models with high capacity
memory support to dramatically improve memory and virtualization
performance
-- Dual HyperTransport(TM) technology link designs: Superior system
bandwidth and performance
-- HyperTransport Extension connector design: Helps to enlarge product
support scope with HyperTransport connection devices
-- High-efficiency VRMs: Save energy and reduce electricity costs
-- High-efficiency power supplies: Further increases overall system
power savings
Supermicro's full range of Six-Core A+ solutions includes both DP and 4-way servers and workstations in 1U, 2U, 4U, tower, and blade form factors with PCI-e Gen2 platforms ready. For more details on Supermicro's Six-Core AMD Opteron processor-based solutions, please visit http://www.supermicro.com/Istanbul/. At ISC, careful observers will also notice a Supermicro 1U server that supports four AMD FireSteam(TM) GPUs demonstrating upcoming supercomputing technology.
Supermicro Server Building Block Solutions(R) offer exceptional flexibility and feature advantages. For more information on Supermicro's complete line of server, workstation and blade solutions go to http://www.supermicro.com/.
About Super Micro Computer, Inc.
Supermicro emphasizes superior product design and uncompromising quality control to produce industry-leading serverboards, chassis and server systems. These Server Building Block Solutions provide benefits across many environments, including data center deployment, high-performance computing, high-end workstations, storage networks and standalone server installations. For more information on Supermicro's complete line of advanced motherboards, servers, and optimized chassis, visit www.supermicro.com, email Marketing@supermicro.com or call the San Jose, CA headquarters at +1 408-503-8000.
SMCI-F
Supermicro, SuperBlade and Server Building Block Solutions are registered trademarks and 1U Twin and 2U Twin2 are trademarks of Super Micro Computer, Inc. All other trademarks are the property of their respective owners.
* Peak power efficiency figures based on internal test results.
Photo: http://www.newscom.com/cgi-bin/prnh/20090623/AQ36670 PRN Photo Desk, photodesk@prnewswire.com
Super Micro Computer, Inc.
CONTACT: Michael Kalodrich of Super Micro Computer, Inc., MichaelK@supermicro.com
Web Site: http://www.supermicro.com/
Supermicro Displays Performance-Per-Watt Leadership at International SuperComputing (ISC) 20092U Twin2 ("Twin Squared"), SuperBlade(R) and Other Innovative Servers Featuring Intel(R) Xeon(R) 5500 (Nehalem) Processors & Gold Level Power Supplies
HAMBURG, Germany, June 23 /PRNewswire-FirstCall/ -- Super Micro Computer, Inc. , a leader in application-optimized, high performance server, blade, and workstation solutions, is demonstrating its 2U Twin2 server with four hot-pluggable, dual-processor (DP) nodes and record x86 server performance-per-watt (375 GFLOPS/kW*) this week at ISC '09 (booth 310). In addition to the 2U Twin2, Supermicro's award-winning 1U Twin(TM) and SuperBlade(R) servers, SAS2 storage systems as well as a new 1U server supporting up to five add-on cards are also on display. Featuring the most efficient power supplies (93%+*), cooling subsystems and motherboard designs in the industry, Supermicro solutions deliver the industry's best performance-per-watt, performance-per-dollar and performance-per-square-foot.
"Our 2U Twin2 SuperServers with 93%+ energy-saving technologies deliver extra performance-per-watt, TCO savings and computing density, especially when powered by the latest Intel(R) Xeon(R) Nehalem processors," said Charles Liang, CEO and president of Supermicro. "Our solutions deliver the highest system-level efficiency in the industry. This increases the maximum computing power per rack and lowers the total cost of ownership, while also reducing energy consumption and protecting the environment."
"The new Intel(R) Xeon(R) Processor 5500 series provides a foundation for Supermicro to deliver its customers new levels of system intelligence, with the processor's ability to dynamically optimize itself to meet the performance and energy efficiency requirements of a given workload and customer environment," said Kirk Skaugen, vice president and general manager of Intel's Server Platforms Group. "Intel is thrilled with the collaboration and innovation we've seen from Supermicro around this new breakthrough in intelligent processing."
Supermicro's 2U Twin2 servers are fully compatible with existing and upcoming Supermicro Twin serverboards. The hard drives, power supplies and computing nodes are all hot-swappable to facilitate easy installation and minimize system downtime. For high availability, 2U Twin2 servers provide optional redundant power and three or four 3.5" drives per node for RAID 5 data protection.
For high-performance computing, Supermicro also offers a flexible range of SuperBlade(R) configurations that support either 10 or 14 dual-Xeon(R) 5500 (Nehalem) server blades in one 7U enclosure. Ideal for large-scale datacenters and HPC applications, SuperBlade(R) is both VMware certified and Intel Cluster Ready (ICR) certified. Best for personal supercomputing, Supermicro's OfficeBlade(R) operates at a quiet 50dB, making it suitable for office environments. Supermicro also offers the world's first 6Gbps SAS-2 blades available for its StorageBlade(TM) systems, which feature six SAS-2 drives per blade and optional RAID5.
Delivering 93%+ power efficiency, 80 PLUS(R) Gold Level power supplies with PM-Bus come standard with nearly all new Supermicro systems, including its latest Nehalem SuperBlade(R) servers. Supermicro provides the ultimate in system customization with its Universal I/O (UIO) interface that allows customers to choose from a host of I/O cards including SAS-2, 10Gb Ethernet, Fiber Channel or InfiniBand subsystems. For optimum performance-per-dollar and best remote management, Supermicro also offers onboard IPMI 2.0 with media and KVM-over-LAN support on its new platforms, as well as 10Gb Ethernet, cost-effective DDR and high-performance QDR onboard InfiniBand versions for its Twin serverboards.
Supermicro Server Building Block Solutions(R) offer exceptional flexibility and state-of-the-art features. Come see Supermicro's latest HPC server solutions in booth 310, and visit http://www.supermicro.com/ for detailed information on the industry's widest selection of server, blade and workstation solutions.
About Super Micro Computer, Inc.
Supermicro emphasizes superior product design and uncompromising quality control to produce industry-leading serverboards, chassis and server systems. These Server Building Block Solutions provide benefits across many environments, including data center deployment, high-performance computing, high-end workstations, storage networks and standalone server installations. For more information on Supermicro's complete line of advanced motherboards, SuperServers, and optimized chassis, visit www.supermicro.com, email marketing@supermicro.com or call the San Jose, CA headquarters at +1 408-503-8000.
SMCI-F
* Peak power efficiency and performance figures based on internal testing results.
Supermicro, SuperBlade, OfficeBlade and Server Building Block Solutions are registered trademarks and 1U Twin and 2U Twin2 are trademarks of Super Micro Computer, Inc. All other trademarks are the property of their respective owners.
Super Micro Computer, Inc.
CONTACT: Michael Kalodrich of Super Micro Computer, Inc., MichaelK@supermicro.com
Web Site: http://www.supermicro.com/
VIZIO Unveils Rhapsody Digital Music Service for VIZIO Internet Apps (VIA(TM)) Connected HDTVs- VIZIO Internet Apps (VIA(TM)) found in VIZIO's high performance XVT series HDTVs provide consumers with access to Rhapsody's award-winning digital music service through a rich, interactive and intuitive user interface designed for the big screen- Easily browse Rhapsody's catalog of more than 7.8 million songs using VIZIO's customized Bluetooth universal remote control with sliding QWERTY keyboard all while simultaneously watching TV- Rhapsody's Digital Music Service to be demonstrated today on VIA(TM) enabled HDTVs
NEW YORK and IRVINE, Calif., June 23 /PRNewswire/ -- VIZIO, America's #1 HDTV and Fastest Growing Consumer Electronics Company, will be demonstrating their VIZIO Internet Apps (VIA(TM)) Connected HDTVs featuring the Rhapsody digital music service in press events this week in New York City. Through VIZIO's VIA(TM) Connected HDTVs, Rhapsody subscribers will be able to access and enjoy more than 7 million songs right from their easy chair. These connected HDTVs will be the first to offer Rhapsody's digital music service and are scheduled to hit stores nationwide this fall.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090623/LA36701)
(Logo: http://www.newscom.com/cgi-bin/prnh/20090204/LA66605LOGO)
"Today VIZIO is pleased to be unveiling the first connected HDTV implementation of Rhapsody's award-winning digital music service streaming right to VIZIO VIA(TM) enabled HDTVs," says Matthew McRae, VIZIO VP of Products. "Rhapsody is just one of many innovative web-based applications that will roll out on our VIA(TM) Connected HDTV platform this year, and we're pleased to be working with Rhapsody to deliver a tightly integrated and rich experience that consumers won't find on any other HDTV currently in the market."
Rhapsody Music on Your VIZIO HDTV
Rhapsody subscribers will now be able to browse Rhapsody's massive catalog of more than seven million songs, all while simultaneously watching TV on their VIZIO VIA(TM) Connected HDTV. Users will be able to listen on demand to new releases, top albums, artists and songs, celebrity playlists, artist channels and much more from the easy-to-navigate menus custom-designed for the television. Using the VIZO VIA(TM) remote with built-in slider QWERTY keyboard, searching for any song title, artist or album also becomes truly effortless.
With a VIA(TM) enabled HDTV, Rhapsody subscribers will also be able to:
- View cover art of new releases and top albums in both sidebar and full
screen modes
- Access all their personal playlists and library of favorite tunes saved
on other Rhapsody enabled devices including PCs, portable music players,
TiVo and other home audio devices
- Create playlists and add their favorite tunes to their personal Rhapsody
library right from the TV
- Easily discover more songs from their favorite artists, or similar
artists and albums
- Conveniently access playback functions, such as play/pause, FFW/REV,
track skip and scan -- right from the VIZIO VIA(TM) remote
- Listen to Rhapsody's professionally programmed and exclusive music
channels and playlists including celebrity picks, decade mixes, genre
mixes, special label spotlights and more
- Access Rhapsody's extensive music guide and discover more music by genre
Once the user makes a selection, the track streams on demand direct to the VIA(TM) Connected HDTV using wireless (802.11n dual-band) or wired networking that is built into the TV. No dongles or accessories required, consumers can just connect the VIZIO VIA enabled HDTV to their high-speed Internet connection, and with one click, see all of their favorite online services like Rhapsody right on the big screen.
"The availability of Rhapsody on VIZIO HDTVs is a critical advancement toward the fulfillment of our vision of giving subscribers the ability to access Rhapsody everywhere they want to enjoy music for a flat monthly fee," says Drew Denbo, General Manager of Business Development at Rhapsody America. "VIZIO's #1 market position and their commitment to building quality electronics at market leading prices makes them an ideal partner to launch the first Rhapsody integrated TV."
VIZIO Internet Apps (VIA(TM)) -- Connecting to the Future of Television
Delivering unprecedented choice and control of web-based content directly to the television with just one button push and without the need of a PC or set-top box, VIZIO's VIA(TM) Connected HDTV feature offers viewers the most convenient access to the widest range of top Internet content and services - all while simultaneously watching traditional TV broadcast or recorded video, for truly the ultimate experience in couch surfing
The VIA(TM) Connected HDTV feature includes built-in wireless (802.11n dual-band) and wired networking, a customized Bluetooth universal remote control with sliding QWERTY keyboard for easy thumb-typing, and interactive setup video to guide users step-by-step to easily connect their VIZIO TV and customize the remote to control their other attached CE source devices.
Previously announced content and service providers who are building VIZIO Internet Apps (VIA(TM)) in 2009 include: Accedo Broadband(R), Amazon Video On Demand(R), Blockbuster On Demand(R), Flickr(R), Netflix(R), Pandora(R) and Rhapsody(R). With today's announcement of additional partners including eBay(R), Facebook(R), Radiotime(R), Revision 3(R), Rallypoint Sports(R), Showtime(R), Twitter(R) and Vudu(R), the VIA platform offers by far the category's most comprehensive and compelling web-based content for Internet televisions.
Getting a First Look and Listen
VIZIO's VIA(TM) Connected HDTVs with Rhapsody's digital music service will be demonstrated in New York during private press meetings 6/23-24, at the Text100 press event 6/23 and during PEPCOM's Digital Experience press event 6/24. To request appointments or for more information about these events, please call or email the agency contacts below.
About VIZIO
VIZIO, Inc., "Where Vision Meets Value," headquartered in Irvine, California, is America's #1 HDTV and Fastest Growing Consumer Electronics Company. In 2007, VIZIO skyrocketed to the top by becoming the #1 selling brand of flat panel HDTVs in North America and became the first American brand in over a decade to lead major categories in U.S. TV sales. Since 2007 VIZIO HDTV shipments remain in the TOP ranks in the U.S. and are again #1 in Q1, 2009 with over 20% market share. VIZIO is committed to bringing feature-rich flat panel televisions to market at a value through practical innovation. VIZIO offers a broad range of award winning Plasma and LCD HDTVs including the new XVT series. VIZIO's products are found at Costco Wholesale, Sam's Club, Sears, Walmart, Target, BJ's Wholesale, and other retailers nationwide along with authorized online partners. VIZIO has won numerous awards including a #1 ranking in the Inc. 500 for Top Companies in Computers and Electronics, Good Housekeeping's Best Big-Screens, CNET's Top 10 Holiday Gifts and PC World's Best Buy among others. For more information, please call 888-VIZIOCE or visit on the web at http://www.vizio.com/.
The V, VIZIO, XVT, VIA, TruLED, 240Hz SPS, Slim Line, Smooth Motion, JAVA, Where Vision Meets Value names, phrase and symbols are trademarks or registered trademarks of VIZIO, Inc. All other trademarks may be the property of their respective holders.
About Rhapsody
Rhapsody(R) offers an integrated and immersive digital music experience accessible to consumers via their computer, portable music device and soon their mobile phone. Rhapsody is the exclusive digital music service for RealNetworks(R), Inc. and for MTV Networks' music and pop-culture brands in the United States. Rhapsody is a service of Rhapsody America LLC, a joint venture between MTV Networks, a unit of Viacom and RealNetworks (Nasdaq RNWK).
Photo: http://www.newscom.com/cgi-bin/prnh/20090623/LA36701 http://www.newscom.com/cgi-bin/prnh/20090204/LA66605LOGO http://photoarchive.ap.org/ http://photoarchive.ap.org/ AP PhotoExpress Network: PRN6 AP PhotoExpress Network: PRN6 PRN Photo Desk, photodesk@prnewswire.com PRN Photo Desk, photodesk@prnewswire.com
VIZIO, Inc.
CONTACT: Jim Noyd of Noyd Communications Inc., +1-310-951-3768, jim.noyd@noydcom.com; or Charley Fitzwilliam of Leader Enterprises, +1-949-579-0405, cfitzwilliam@leaderenterprises.com, both for VIZIO; or Ryan Luckin, +1-206-892-6330, rluckin@real.com, for Rhapsody
Web Site: http://www.vizio.com/
Supermicro and NVIDIA Smash 1U Server Performance Records at International SuperComputing (ISC) 20092-Teraflop SuperServer 6016GT-TF-TM2 with Two Tesla GPUs plus a new 4U System that supports Four Tesla GPUs
HAMBURG, Germany, June 23 /PRNewswire-FirstCall/ -- Super Micro Computer, Inc. , a leader in application-optimized, high performance server solutions, is showcasing the fastest 1U server on the planet, its new, 2-Teraflop SuperServer 6016GT-TF-TM2, this week at ISC '09 in Hamburg, Germany (booth 310). This massively parallel processing dual-GPU server is the first 1U multi-GPU (graphics processing unit) system with a fully non-blocking architecture. Optimized for performance and reliability, the 6016GT-TF-TM2 supports dual Nehalem CPUs and features two NVIDIA Tesla M1060 GPUs via two Gen2 PCI-Express x16 connections.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090622/AQ35708 )
"Supermicro's new 6016GT-TF supercomputing servers, by far the fastest 1U servers in the world, feature multiple x16 non-blocking native Gen2 PCI-Express connectivity to the GPU, highly reliable thermal optimization, and industry-leading power efficiency, making them the first ever truly optimized GPU servers," said Charles Liang, CEO and President of Supermicro. "These highly parallel, multi-core, multi-GPU systems represent today's cutting-edge solutions for a wide range of graphics and computationally intensive applications in fields like medical imaging, oil and gas exploration, quantum chemistry, financial simulation, genomics and astrophysics."
"The importance of GPU Computing in both research and enterprise is growing rapidly," said Andy Keane, general manager, GPU Computing, NVIDIA. "Supermicro's innovative Tesla-based 1U server is tightly integrated to provide the highest possible compute density and a uniform building block for large-scale GPU Computing deployments."
The SuperServer 6016GT-TF Series is the first of an entire family of GPU-based systems created to meet the requirements of the emerging high-performance, highly-parallel computing segment. Supermicro is also unveiling its SuperWorkstation 7046GT-TRF, a 4U/tower system that supports four double-width GPUs and an additional three PCI-e slots for high-bandwidth I/O, at ISC. These platforms feature Supermicro's new Gold level (93% efficiency) power subsystems and deliver breakthrough performance-per-watt. More information on Supermicro's new GPU-optimized product line is available at http://www.supermicro.com/products/nfo/gpu.cfm.
Supermicro Server Building Block Solutions(R) offer exceptional flexibility and feature advantages. For more information on Supermicro's complete line of server, workstation and blade solutions go to http://www.supermicro.com/.
About Super Micro Computer, Inc.
Supermicro emphasizes superior product design and uncompromising quality control to produce industry-leading serverboards, chassis and server systems. These Server Building Block Solutions provide benefits across many environments, including data center deployment, high-performance computing, high-end workstations, storage networks and standalone server installations. For more information on Supermicro's complete line of advanced motherboards, SuperServers, and optimized chassis, visit www.Supermicro.com, email Marketing@Supermicro.com or call the San Jose, CA headquarters at +1 408-503-8000.
SMCI-F
Supermicro and Server Building Block Solutions are registered trademarks of Super Micro Computer, Inc. All other trademarks are the property of their respective owners.
Photo: http://www.newscom.com/cgi-bin/prnh/20090622/AQ35708 PRN Photo Desk, photodesk@prnewswire.com
Super Micro Computer, Inc.
CONTACT: Michael Kalodrich of Super Micro Computer, Inc., michaelk@supermicro.com
Web Site: http://www.supermicro.com/
AT&T Kicks Off Summer Apprentice Program With Boys & Girls Clubs of AmericaClub Teens Prepare To Gain Hands-On Experience At Local AT&T Retail Stores
DALLAS, June 23 /PRNewswire-FirstCall/ -- The lazy days of summer. This might be an appropriate sentiment for some people, but not for participants of AT&T's summer apprentice program. AT&T* announced today that select members of Boys & Girls Clubs of America's (BGCA) Junior Staff program will enter the world of work at several of its local retail stores.
In its second year, the apprentice program is designed to give promising young people from across the country practical, hands-on job training in several areas of the AT&T retail business, including inventory, merchandising and customer service, as well as a general knowledge of AT&T's diverse products and services. The teens will spend 20 hours a week, for the next six weeks, learning and discovering all things wireless.
"AT&T is a proud sponsor of the Junior Staff program. We gladly welcome the opportunity to once again host a group of deserving young people in our retail stores, where we hope to make a positive, lasting impact that will help foster their future success," said Steve Sitton, president, Southeast Region, AT&T and BGCA National Trustee.
"Boys & Girls Clubs of America is grateful to AT&T for helping our teens learn life-changing job skills, especially in today's tough economic climate where such skills make them much more competitive, improving their odds of success," said Roxanne Spillett, BGCA president and CEO.
In addition to practical work experience as apprentices at AT&T stores this summer and as "Junior Staffers" at Boys & Girls Clubs, teens will explore their individual strengths, weaknesses and interests through team building exercises and community service projects. The Junior Staff program will also teach teens how to build a resume and conduct a successful job interview.
For more information on BGCA's Junior Staff program, or to find a Club near you, visit http://www.bgca.org/.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. AT&T offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T |DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T's Yellow Pages and YELLOWPAGES.COM organizations are known for their leadership in directory publishing and advertising sales. 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/. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at http://www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at http://www.facebook.com/ATT to discover more about our consumer and wireless services or at http://www.facebook.com/ATTSmallBiz to discover more about our small business services.
(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.
For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.
About Boys & Girls Clubs of America
For more than 100 years, Boys & Girls Clubs of America (http://www.bgca.org/) has helped kids "Be Great," providing hope and opportunity for those who need it most. Today, more than 4,300 Clubs serve some 4.5 million young people through Club membership and community outreach. Known as The Positive Place for Kids, Boys & Girls Clubs can be found throughout the country and on U.S. military bases worldwide, providing young people 6-18 years old with guidance-oriented character development programs conducted by trained, professional staff. Clubs positively impact lives and help young people reach their full potential as productive, caring citizens. Key programs emphasize leadership development; education and career exploration; community service; technology training; financial literacy; health and life skills; the arts; sports, fitness and recreation; and family outreach. In a recent Harris Survey of Club alumni, 57 percent said the Club saved their lives. National headquarters are located in Atlanta.
AT&T Inc.
CONTACT: Kelleigh Beal of AT&T Corporate Communications, +1-404-986-1812, ks1601@att.com
Web Site: http://www.att.com/ http://www.bgca.org/
J.D. Power and Associates Reports: Honda Ranks Highest Among Manufacturer Web Sites in Satisfying New-Vehicle ShoppersExcessive Focus on Quickly Selling Vehicles Leads Some Redesigned Sites To Lower Shopper Satisfaction Scores
WESTLAKE VILLAGE, Calif., June 23 /PRNewswire/ -- Honda ranks highest among automotive manufacturer Web sites for usefulness in new-vehicle shopping for a second consecutive time, according to the J.D. Power and Associates 2009 Manufacturer Web Site Evaluation Study(SM) (MWES)-Wave 2 released today.
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The semi-annual study, now in its 10th year, measures the usefulness of automotive manufacturer Web sites during the new-vehicle shopping process. New-vehicle shoppers evaluate Web sites in four key areas: appearance, speed, navigation and information/content.
Honda ranks highest with an index score of 883 on a 1,000-point scale, performing particularly well in all factors driving satisfaction. Following Honda in the rankings are Porsche (862), MINI (861), and Jeep and Infiniti in a tie (860 each).
"Providing a satisfying Web site experience greatly increases the likelihood that a new-vehicle shopper will visit the showroom for a test drive, which creates a solid opportunity for manufacturers to increase dealer traffic," said Arianne Walker, director of marketing/media research at J.D. Power and Associates. "Given Honda's growing market share compared with 2008, their top-performing Web site, in addition to many other factors, is just another component of the brand's success."
The study also finds that in light of the turbulent automotive market, some manufacturers that have redesigned their Web sites with the intent of quickly selling inventory have earned particularly low satisfaction scores with their Web sites. These manufacturers have focused their sites on lower-purchase-funnel activities, such as "build a vehicle," "get a quote" and "find a dealer," which do not help answer the majority of questions shoppers have when visiting a manufacturer's Web site.
"Specifically, these redesigned sites have considerably low satisfaction scores with regard to navigation," said Walker. "Shoppers on these sites struggle to find simple information, such as compelling vehicle images and clear presentations of vehicle options and features."
However, Kia's and Acura's Web sites, which were also recently redesigned, rank well above the industry average in terms of navigation. These sites similarly offer a number of lower-funnel links, but offer additional upper-funnel links - such as vehicle features, options, photos and videos links - directly on their home pages, which help shoppers find the model-specific information they are looking for.
"Kia and Acura's redesigns have kept the true needs of shoppers in mind by offering five to eight links to model-related information directly on the home page," said Walker. "Offering easy and quick access to vehicle information is an established lesson in the automotive industry. It seems that some OEMs could benefit from a refresher course."
The 2009 Manufacturer Web Site Evaluation Study-Wave 2 is based on evaluations from more than 11,700 new-vehicle shoppers who indicated they will be in the market for a new vehicle within the next 24 months. The study was fielded between April and May 2009.
Manufacturer Web Site Ranking
(Based on a 1,000-point scale)
Manufacturer Overall Satisfaction Score
Honda 883
Porsche 862
MINI 861
Infiniti 860
Jeep 860
Nissan 858
Dodge 856
Kia 855
Acura 854
Mitsubishi 850
Lexus 849
Toyota 848
Lincoln 847
Mazda 846
Ford 845
Land Rover 845
Chrysler 844
SAAB 842
Suzuki 841
Mercury 840
Volkswagen 840
Mercedes-Benz 839
Cadillac 837
Volvo 837
Industry Average 836
Chevrolet 832
BMW 829
HUMMER 829
Jaguar 827
Hyundai 821
GMC 817
Pontiac 812
Subaru 810
Audi 803
Saturn 800
Buick 790
Scion 781
smart 770
About J.D. Power and Associates
Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction. The company's quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at http://www.mcgraw-hill.com/.
J.D. Power and Associates Media Relations Contacts:
John Tews; Troy, Mich.; (248) 312-4119; media.relations@jdpa.com
Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103; media.relations@jdpa.com
No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates. www.jdpower.com/corporate
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J.D. Power and Associates
CONTACT: John Tews, Troy, Mich., +1-248-312-4119, media.relations@jdpa.com, or Syvetril Perryman, Westlake Village, Calif., +1-805-418-8103, media.relations@jdpa.com, both of J.D. Power and Associates
Web Site: http://www.jdpower.com/
Could U.S. IT Pros Be Losing a Seat at the Strategic Table?New study commissioned by Microsoft underscores the importance of IT innovation for business success.
REDMOND, Wash., June 23 /PRNewswire-FirstCall/ -- While many information technology (IT) professionals are investing in specific areas of IT infrastructure, 55 percent say the economy has changed the role of IT and 51 percent say that budget constraints are the biggest barrier to their innovation, according to a new study commissioned by Microsoft Corp. and conducted by Harris Interactive(R) Inc. The study results indicate that IT professionals in the U.S. are devoting less budget to innovation than their counterparts in the U.K., Japan and Germany.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
"Businesses that focus solely on reducing IT costs in this economy will not be as well positioned as those that develop new capabilities and solutions," said Bob Kelly, corporate vice president of infrastructure server marketing at Microsoft. "IT is uniquely capable of not only delivering bottom-line cost savings, but also providing innovative solutions that will help organizations weather the storm and thrive. Now, more than ever, IT is a strategic asset."
Innovation in a Challenging Economy
Of the four countries included in the study, the recession appears to make the biggest impact on IT innovation in the U.S. IT managers in Japan and the U.K. indicate they will devote 41 percent of their budgets toward innovation versus "keeping the lights on," or maintaining current systems. IT professionals in Germany plan to invest 35 percent, while their counterparts in the U.S. plan to spend only 29 percent on innovation. On average, IT professionals across all four countries say they will allocate 37 percent of their budgets to innovation in 2009. Only 22 percent of IT professionals cite giving the business a competitive edge as their current top priority.
"Companies that make smart investments in IT will gain a foundation for their business that empowers innovation, boosts productivity and, ultimately, helps improve the bottom line," Kelly said. "Investing in IT is a path to success, now and in the future."
The economy may also be diminishing investment in "green" IT innovation. Eighty-four percent of IT professionals consider green factors when making decisions about datacenters, but "green" plays into the final decision for only about half of those organizations (44 percent of the total).
Efficiency Versus Cost-Cutting
Though the economy seems to be affecting IT's ability to innovate, more survey participants are focused on driving business efficiency (48 percent) than on simply reducing IT costs (30 percent). Nearly two-thirds will increase their planned investment in at least one infrastructure technology, including virtualization, security, systems management and cloud computing, all of which can help organizations streamline operations and deliver business value.
Security Challenges and Solutions
Customers cite security as the No. 1 challenge in managing their infrastructure, and report that protection of customer and company data is the top security priority for IT decision-makers over the next one to three years (73 percent).
A majority of IT professionals view security as an enabler of business. More than half think that IT security responsibilities include advancing overall business goals (52 percent) and increasing end-user productivity (51 percent).
The Benefits of Innovation
NuStar Energy LP is an example of a company that has used IT to thrive and grow in a volatile economy. The company, which owns an oil and gas transportation and storage network and an asphalt refining and marketing business, has grown rapidly through acquisitions and recently joined the Fortune 500. NuStar relies on Windows Server, Microsoft System Center and Microsoft Forefront software to help manage and secure its 8,491 miles of pipeline, 82 terminals and two asphalt refineries, which have a combined throughput capacity of 104,000 barrels per day.
"Our chief challenge as an IT organization is responding quickly to what the business requires us to do," said Robert Amos, manager of infrastructure systems at NuStar Energy. "We are committed to Microsoft because it provides integrated, familiar infrastructure that is simpler to manage across the company, helping us stay compliant and competitive as we grow our worldwide business."
More information about the Harris Interactive study commissioned by Microsoft is available at the Microsoft Core Infrastructure Optimization Web site, http://www.microsoft.com/infrastructure/resources/itprosurvey.mspx.
Survey Methodology
This survey was conducted online among 1,200 IT decision-makers at enterprise and SMB organizations in the U.S. (n=308), U.K. (n=310), Germany (n=281) and Japan (n=301) by Harris Interactive on behalf of Microsoft between April 9 and May 5, 2009. No estimates of theoretical sampling error can be calculated.
About Harris Interactive(R)
Harris Interactive is a global leader in custom market research. With a long and rich history in multimodal research, powered by our science and technology, we assist clients in achieving business results. Harris Interactive serves clients globally through our North American, European and Asian offices and a network of independent market research firms. For more information, please visit http://www.harrisinteractive.com/.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Rapid Response Team of Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.
Web Site: http://www.microsoft.com/
Video: Could U.S. IT Pros Be Losing a Seat at the Strategic Table?
New study commissioned by Microsoft underscores the importance of IT innovation for business success.
REDMOND, Wash., June 23 /PRNewswire -- While many information technology (IT) professionals are investing in specific areas of IT infrastructure, 55 percent say the economy has changed the role of IT and 51 percent say that budget constraints are the biggest barrier to their innovation, according to a new study commissioned by Microsoft Corp. and conducted by Harris Interactive(R) Inc. The study results indicate that IT professionals in the U.S. are devoting less budget to innovation than their counterparts in the U.K., Japan and Germany.
To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/microsoft/38811/
"Businesses that focus solely on reducing IT costs in this economy will not be as well positioned as those that develop new capabilities and solutions," said Bob Kelly, corporate vice president of infrastructure server marketing at Microsoft. "IT is uniquely capable of not only delivering bottom-line cost savings, but also providing innovative solutions that will help organizations weather the storm and thrive. Now, more than ever, IT is a strategic asset."
Innovation in a Challenging Economy
Of the four countries included in the study, the recession appears to make the biggest impact on IT innovation in the U.S. IT managers in Japan and the U.K. indicate they will devote 41 percent of their budgets toward innovation versus "keeping the lights on," or maintaining current systems. IT professionals in Germany plan to invest 35 percent, while their counterparts in the U.S. plan to spend only 29 percent on innovation. On average, IT professionals across all four countries say they will allocate 37 percent of their budgets to innovation in 2009. Only 22 percent of IT professionals cite giving the business a competitive edge as their current top priority.
"Companies that make smart investments in IT will gain a foundation for their business that empowers innovation, boosts productivity and, ultimately, helps improve the bottom line," Kelly said. "Investing in IT is a path to success, now and in the future."
The economy may also be diminishing investment in "green" IT innovation. Eighty-four percent of IT professionals consider green factors when making decisions about datacenters, but "green" plays into the final decision for only about half of those organizations (44 percent of the total).
Efficiency Versus Cost-Cutting
Though the economy seems to be affecting IT's ability to innovate, more survey participants are focused on driving business efficiency (48 percent) than on simply reducing IT costs (30 percent). Nearly two-thirds will increase their planned investment in at least one infrastructure technology, including virtualization, security, systems management and cloud computing, all of which can help organizations streamline operations and deliver business value.
Security Challenges and Solutions
Customers cite security as the No. 1 challenge in managing their infrastructure, and report that protection of customer and company data is the top security priority for IT decision-makers over the next one to three years (73 percent).
A majority of IT professionals view security as an enabler of business. More than half think that IT security responsibilities include advancing overall business goals (52 percent) and increasing end-user productivity (51 percent).
The Benefits of Innovation
NuStar Energy LP is an example of a company that has used IT to thrive and grow in a volatile economy. The company, which owns an oil and gas transportation and storage network and an asphalt refining and marketing business, has grown rapidly through acquisitions and recently joined the Fortune 500. NuStar relies on Windows Server, Microsoft System Center and Microsoft Forefront software to help manage and secure its 8,491 miles of pipeline, 82 terminals and two asphalt refineries, which have a combined throughput capacity of 104,000 barrels per day.
"Our chief challenge as an IT organization is responding quickly to what the business requires us to do," said Robert Amos, manager of infrastructure systems at NuStar Energy. "We are committed to Microsoft because it provides integrated, familiar infrastructure that is simpler to manage across the company, helping us stay compliant and competitive as we grow our worldwide business."
More information about the Harris Interactive study commissioned by Microsoft is available at the Microsoft Core Infrastructure Optimization Web site, http://www.microsoft.com/infrastructure/resources/itprosurvey.mspx.
Survey Methodology
This survey was conducted online among 1,200 IT decision-makers at enterprise and SMB organizations in the U.S. (n=308), U.K. (n=310), Germany (n=281) and Japan (n=301) by Harris Interactive on behalf of Microsoft between April 9 and May 5, 2009. No estimates of theoretical sampling error can be calculated.
About Harris Interactive(R)
Harris Interactive is a global leader in custom market research. With a long and rich history in multimodal research, powered by our science and technology, we assist clients in achieving business results. Harris Interactive serves clients globally through our North American, European and Asian offices and a network of independent market research firms. For more information, please visit http://www.harrisinteractive.com/.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Video: http://www.prnewswire.com/mnr/microsoft/38811
Microsoft
CONTACT: Rapid Response Team, Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com
Web Site: http://www.microsoft.com/
Free Internet Speed Upgrades for SureWest CustomersStarting June 30, SureWest Fiber-to-the-Home Customers Receive More for their Money
ROSEVILLE, Calif., June 23 /PRNewswire-FirstCall/ -- As Internet users continue to increase their need for speed, leading independent communications holding company SureWest Communications maintains its commitment to meeting that demand. Today, the nation's first company to deliver a symmetrical two-way Internet speed at a blazing fast 50 Megabits per second (Mbps) announced it will boost connection speeds for fiber-to-the-home customers in its greater Sacramento market. This upgrade will happen automatically on June 30 with no extra cost or action required by the customer.
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These unique symmetrical speeds, meaning Internet speeds downstream are the same as those upstream, are only available on SureWest's superior fiber-optic network and can reach up to 50 Mbps for both uploading and downloading. Customers can use these new super-fast speeds for enhanced online gaming and faster uploading and downloading of multimedia such as music, photos and videos.
For example, in SureWest's serviceable footprint, the average Internet upload speed of other service providers is 2 Mbps. To upload an average 2-hour movie at a video file size of 500 MB, SureWest's most popular Internet speed of 15 Mbps would take roughly 4.5 minutes compared to 33 minutes at 2 Mbps. SureWest's 25 Mbps speed would take 2.7 minutes and its 50 Mbps would take 1.3 minutes.
Customers who currently subscribe to SureWest's 3, 10 or 20 Mbps Internet packages will receive these free upgrades:
New Speed (Mbps) Current Speed (Mbps)
upload / download upload / download
3 / 3 3 / 1
15 / 15 10 / 10
25 / 25 20 / 20
"In today's environment, customers are understandably searching for ways to receive more value from their products and services," said Pete Drozdoff, vice president of marketing for SureWest. "Our key to differentiating SureWest from the competition is our ability to deliver value and reliability to customers through cutting-edge products and features over our superior fiber-optic network. This free speed upgrade enhances the Internet experience for our customers and continues to allow us to outperform the competition with the fastest connection speeds wherever we serve."
Internet speed upgrades in SureWest's Kansas City market are planned for 2010.
About SureWest
SureWest Communications (http://www.surewest.com/) is one of the nation's leading integrated communications providers and is the bandwidth leader in the markets it serves. Headquartered in Northern California for 95 years, the company expanded into the Kansas City region in February 2008 with the acquisition of Everest Broadband, Inc. and offers bundled residential and commercial services that include IP-based digital and high-definition television, high-speed Internet, Voice over IP, and local and long distance telephone. SureWest was the nation's first provider to launch residential HDTV over an IP network and offers one of the nation's fastest symmetrical Internet services with speeds of up to 50 Mbps in each direction on its fiber-to-the-home network.
Corporate Communications Contacts:
Ron Rogers . 916-746-3123 . r.rogers@surewest.com
Anne Chacon . 916-786-1235 . a.chacon@surewest.com
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SureWest Communications
CONTACT: Corporate Communications, Ron Rogers, +1-916-746-3123, r.rogers@surewest.com, or Anne Chacon, +1-916-786-1235, a.chacon@surewest.com, both of SureWest Communications
Web Site: http://www.surewest.com/
MedAssets Awards MEDmarketplace.com Contract for Idle Capital Equipment, Hospital Equipment and Supplies
FT. LAUDERDALE, Fla., June 23 /PRNewswire/ -- MEDmarketplace.com announced that it has been awarded a purchasing agreement by MedAssets Supply Chain Systems, effective June 1, 2009. MEDmarketplace.com, headquartered in Florida, provides a Web-based exchange for buying and selling of unused and excess medical equipment.
Under the agreement, MedAssets customers, including 1,800 hospital and IDN facilities and non acute care providers, will have the opportunity to display and sell their unused and excess assets on the MEDmarketplace.com website.
"We are very excited to join forces with a powerful organization like MedAssets that recognizes the monumental potential of supply chain management technology," said Vincent Baratta, MEDmarketplace.com founder and CEO.
"We believe that MEDmarketplace.com will be an asset to our portfolio of contracts designed to give MedAssets' customers a comprehensive and flexible approach for capital equipment life cycle management," said Mark Miriani, president, MedAssets Supply Chain Systems.
About MEDmarketplace.com
MEDmarketplace.com, the world's largest website for selling idle and excess hospital equipment and supplies, provides innovative, cost effective and revenue generating services to hospitals and alternative care facilities. MEDmarketplace.com is ranked #1 on all major search engines for terms including hospital equipment, medical equipment, and medical supplies. These rankings have helped to solidify the Company's status as the leading global medical marketplace for healthcare facilities, providers and consumers searching for medical equipment and medical supplies. Ziegler HealthVest Partners, LP is the lead institutional investor in MEDmarketplace.com.
About Ziegler HealthVest Partners, LP
Ziegler HealthVest Partners, LP, based in Milwaukee, WI, is a venture capital fund that invests in early-to-middle stage healthcare services, healthcare information technology and wellness companies. They are the lead institutional investor in MEDmarketplace.com. The Ziegler Companies, Inc. (symbol: ZGCO) is a growth-oriented boutique investment banking and investment services firm.
MEDmarketplace.com
CONTACT: Lawrence G. Fiori, +1-201-785-0010, Ext. 22, lfiori@proactivemarketinggroup.com, for MEDmarketplace.com
Web Site: http://www.medmarketplace.com/
IBM Extends Social Networking Software Through Cloud Computing with LotusLive ConnectionsLotusLive Wins Enterprise 2.0 Conference Showdown Over Google Apps
BOSTON, June 23 /PRNewswire-FirstCall/ -- Enterprise 2.0 Conference -- IBM today announced its newest cloud service -- LotusLive Connections -- which combines business social networking with collaboration tools. Part of IBM's cloud service portfolio, LotusLive (http://www.lotuslive.com/), LotusLive Connections extends IBM's reach further into new markets.
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As part of the unveiling, LotusLive was voted the winner of The Enterprise 2.0 Cloud Computing Technology Buyers' Choice Award. IBM's cloud services won in a side-by-side comparison with Google Apps, EMC and other vendors' cloud technologies, as voted by the Enterprise 2.0 conference attendees.
"IBM is an established leader in two major trends: cloud computing and social networking for business. At the nexus of these trends is LotusLive Connections," said Bob Picciano, general manager, IBM Lotus Software. "LotusLive Connections brings companies of all sizes the ability to build, share information and easily work with their extended business network over the Web."
LotusLive Connections helps individuals, departments and small businesses tap into the intellectual resources and capabilities that previously have only been accessible to large enterprises. Using core elements of IBM's proven on-premise Lotus Connections social software, LotusLive Connections connects colleagues, partners, suppliers and customers from within and beyond firewalls.
LotusLive Connections simplifies working together, making it easy to identify and work with experts from any company online with the flexibility, convenience and affordable pricing associated with multi-tenant cloud services. Instant messaging, file sharing and activities are all instantly accessible for use with LotusLive networks.
For example, a team planning a project can create a group around the project, including vendors from outside their company. Together they can build a project plan using Activities and post and share associated files. Comments can be made and tasks tracked in the same service. All participants are kept up-to-date without having to hunt through email for the latest documents. Networking, sharing and collaborating are all integrated in LotusLive Connections.
LotusLive Connections will be available on June 30, 2009.
For more information about LotusLive Connections visit http://www.lotuslive.com/connections.
Contact:
Michael Azzi
IBM Media Relations
+1-203-515-6324
azzi@us.ibm.com
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IBM
CONTACT: Michael Azzi, IBM Media Relations, +1-203-515-6324, azzi@us.ibm.com
Web Site: http://www.ibm.com/
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