Companies news of 2009-07-15 (page 1)
California Micro Devices to Present at the CapStone Investments Third Annual Small Cap...
KEMET Announces Dates for the 2009 Annual Shareholders' Meeting and June 2009 Quarter...
Landstar System Reports Second Quarter Results and Increased Dividend
National Latina Women Business Association Honors Verizon's Elva Lima with Corporate...
comScore Ranks as Fastest-Growing U.S. Market Research Firm in 2008 Among Largest 25 Firms...
Omnicom Group's MobileBehavior Deepens Agency Integration With Executive Hire
CorVel Announces Earnings Release Webcast
Liberty Announces Semi-Annual Payment on 3.5% Senior Exchangeable Debentures Due...
Communications Workers of America and AT&T Announce Tentative Agreement in Midwest...
Activision Teams With Pro vs. GI Joe to Support Troops Through Video Games'Activision...
CGI to release third quarter fiscal 2009 results on July 29Stock Market Symbols GIB.A...
Pizza Hut Launches Killer App for Your AppetiteCustomers Can Download First Pizza Ordering...
New England Aquarium Teams Up With the Verizon Foundation to Enrich Teen Internship...
inTEST Corporation Receives Going Concern Qualification
Dow Extends Technology Services Agreement with IBM Through 2014
Deutsche Telekom Unit Sued In Trade Secret Case; U.S. Federal Court Denies Motion To...
West Mifflin, Pennsylvania, Residents to Benefit From Verizon Wireless Network...
IBM Simplifies Unified Communications for SMBsNew solution and growing partner ecosystem...
Shorter Pre-Roll Plus Lower 1/3 Tops Among Best Ad Units for Short-Form Online Video,...
Beijing West Heavy Industries Selects IBM As Strategic Business Advisor
Optimum Voice Receives Top Honors From J.D. Power and Associates in Business Phone...
MSA Schedules Second Quarter Earnings Webcast
FTC Red Flags Rules on ID Theft, Now Imminent, Have Broader Application Than Many...
GVI Security Solutions Wins New School Video Surveillance Project
Come Tweet With Whole Foods Market(R) This Week, Help Celebrate 1 Million Followers With...
'Web Stress' Identified as Major Cause of Worker Frustration, Stress and Lost Productivity...
'Web Stress' Amongst UK Consumers Impacts Buying Behaviour Survey Reveals
Majesco Entertainment, cdv Software Entertainment AG, Devolver Digital and Croteam...
CTG Named to Healthcare Informatics Annual Ranking of the Top 100 Healthcare IT Providers
California Micro Devices to Present at the CapStone Investments Third Annual Small Cap Investor Conference
MILPITAS, Calif., July 15 /PRNewswire-FirstCall/ -- California Micro Devices today announced that Robert V. Dickinson, President and Chief Executive Officer, and Kevin Berry, Chief Financial Officer, will present at the CapStone Investments Third Annual Small Cap Conference at the Hyatt Regency Hotel in Milwaukee, Wisconsin on Wednesday, July 29, 2009 at 9:00 a.m. Central Time (CT).
Portfolio managers and analysts who wish to request a meeting with management should contact Ryan McGaver at rm@capstoneinvestments.com.
A live Webcast of California Micro Devices' presentation may be accessed at the Company's corporate Website [Investor Relations Link], at http://www.cmd.com/ at 9:00 a.m. CT on July 29, 2009. Access to the replay will be available one hour after the Webcast and continuing for approximately 90 days.
About California Micro Devices Corporation
California Micro Devices Corporation is a leading supplier of application specific analog and mixed signal semiconductor products for the mobile handset, high brightness LED (HBLED), digital consumer electronics and personal computer markets. Key product lines include protection devices for mobile handsets, HBLEDs, digital consumer electronics products and personal computers and mixed signal ICs for mobile handset displays. Detailed corporate and product information may be accessed at http://www.cmd.com/.
California Micro Devices
CONTACT: Kevin Berry, Chief Financial Officer of California Micro Devices, +1-408-934-3197, kevinb@cmd.com
Web Site: http://www.cmd.com/
KEMET Announces Dates for the 2009 Annual Shareholders' Meeting and June 2009 Quarter Earnings Release
GREENVILLE, S.C., July 15 /PRNewswire-FirstCall/ -- KEMET Corporation (OTC Bulletin Board: KEME) will hold its 2009 Annual Shareholders' Meeting on July 30, 2009, at 10:30 a.m. ET, at the Westin Poinsett Hotel, 120 South Main Street, Greenville, South Carolina.
On July 30, 2009, at 8:00 a.m. ET, the Company will release earnings for the June 2009 quarter and will hold a conference call to discuss the earnings release at 9:00 a.m. ET on that date. The call will last approximately one hour.
To access the call via telephone, participants in the United States should dial 1-800-416-8033, and participants outside the United States should dial 1-706-643-0979. Participants should reference "KEMET Corporation" and Conference ID # 19414634. Participants can view a corresponding presentation from the KEMET website at http://www.kemet.com/ by clicking on the first quarter conference call link in the Investor Relations section of the website. The presentation will be available immediately prior to the beginning of the call. Following management's comments, there will be an opportunity for questions.
In conjunction with the conference call, there will be a simultaneous live broadcast over the internet, which can be accessed at http://www.kemet.com/ir. A replay of the conference call will be available until midnight, August 13, 2009, through the same link. Also available in the Investor Relations section of the website is additional company information and a link to subscribe to KEMET news and financial releases.
KEMET Corporation (KEME.OB) applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com/.
CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS
Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation's (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to, the following: (i) generally adverse economic and industry conditions, including a decline in demand for the Company's products; (ii) the ability to maintain sufficient liquidity to realize current operating plans; (iii) adverse economic conditions could cause further reevaluation of the fair value of the Company's reporting segments and the write down of long-lived assets; (iv) the cost and availability of raw materials; (v) changes in the competitive environment of the Company; (vi) economic, political, or regulatory changes in the countries in which the Company operates; (vii) the ability to successfully integrate the operations of acquired businesses; (viii) the ability to attract, train and retain effective employees and management; (ix) the ability to develop innovative products to maintain customer relationships; (x) the impact of environmental issues, laws, and regulations; (xi) the Company's ability to achieve the expected benefits of its manufacturing relocation plan or other restructuring plan; (xii) volatility of financial and credit markets which would affect access to capital for the Company; and (xiii) increased difficulty or expense in accessing capital resulting from the delisting of the Company's common stock from the New York Stock Exchange. Other risks and uncertainties may be described from time to time in the Company's reports and filings with the Securities and Exchange Commission.
Contact:
William M. Lowe, Jr.
Executive Vice President and Chief Financial Officer
billlowe@KEMET.com
864-963-6484
KEMET Corporation
CONTACT: William M. Lowe, Jr., Executive Vice President and Chief Financial Officer of KEMET Corporation, +1-864-963-6484, billlowe@KEMET.com
Web Site: http://www.kemet.com/
Landstar System Reports Second Quarter Results and Increased Dividend
JACKSONVILLE, Fla., July 15 /PRNewswire-FirstCall/ -- Landstar System, Inc. reported 2009 second quarter net income of $17.9 million, or $0.35 per diluted share, from revenue of $491.2 million. Included in the 2009 second quarter was $2.0 million of costs, or $0.02 per diluted share, related to two acquisitions that were completed in the first week of the 2009 third quarter. Net income for the 2008 second quarter was $29.8 million, or $0.56 per diluted share, from revenue of $697.7 million.
Revenue hauled by BCO Independent Contractors in the second quarter of 2009 was $288.6 million, or 59 percent of revenue, compared to $375.4 million, or 54 percent of revenue, in the 2008 second quarter. Moreover, in the second quarters of 2009 and 2008, the Company invoiced customers $27.3 million and $90.3 million, respectively, in fuel surcharges that were passed on 100 percent to BCO Independent Contractors and excluded from revenue. Revenue hauled by third-party truck brokerage carriers was $165.2 million, or 34 percent of revenue, in the 2009 second quarter compared to $261.7 million, or 38 percent of revenue, in the 2008 second quarter. Included in third-party truck brokerage revenue in the 2009 and 2008 second quarters was $9.2 million and $39.9 million, respectively, of fuel surcharges invoiced to customers. Revenue hauled by rail, air and ocean cargo carriers was $28.2 million, or 6 percent of revenue, in the 2009 second quarter compared to $51.5 million, or 7 percent of revenue, in the 2008 second quarter.
Revenue in the twenty-six-week period ended June 27, 2009 was $960 million compared to $1.306 billion for the 2008 twenty-six-week period. Net income for the twenty-six-week period ended June 27, 2009 was $31.8 million, or $0.61 per diluted share, compared to net income of $53.5 million, or $1.01 per diluted share, for the twenty-six-week period ended June 28, 2008.
Revenue hauled by BCO Independent Contractors in the 2009 twenty-six-week period was $550.7 million, or 57 percent of revenue, compared to $700.2 million, or 54 percent of revenue, in the 2008 twenty-six-week period. In the twenty-six-week periods of 2009 and 2008, the Company invoiced customers $51.5 million and $148.1 million, respectively, in fuel surcharges that were passed on 100 percent to BCO Independent Contractors and excluded from revenue. Revenue hauled by third-party truck brokerage carriers was $329.5 million, or 34 percent of revenue, in the 2009 twenty-six-week period compared to $490.3 million, or 38 percent of revenue, in the 2008 twenty-six-week period. Included in the third-party truck brokerage revenue in the 2009 and 2008 twenty-six-week periods was $19.0 million and $67.7 million, respectively, of fuel surcharges invoiced to customers. Revenue hauled by rail, air and ocean cargo carriers was $61.8 million, or 6 percent of revenue, in the 2009 twenty-six-week period compared to $97.3 million, or 7 percent of revenue, in the 2008 twenty-six-week period.
Landstar System, Inc. also announced that its Board of Directors has declared a quarterly dividend of $0.045 per share. This represents a 13 percent increase in the Company's quarterly dividend. The dividend is payable on August 28, 2009 to stockholders of record at the close of business on August 10, 2009. It is the intention of the Board of Directors to continue to pay a quarterly dividend. Under the Company's authorized share purchase programs, the Company currently has a total of 2,556,200 shares of its common stock available for purchase.
"In the 2009 second quarter, Landstar's revenue continued to be negatively impacted by the severe recession in the domestic and global economies," said Landstar President and Chief Executive Officer Henry Gerkens. "As was the case in the 2009 first quarter, revenue declines were experienced in just about every sector, including revenue generated from the U.S. Department of Defense. As anticipated, significant revenue declines occurred in the automotive sector and in our substitute line haul service offering. From a load volume perspective, the number of loads hauled in the 2009 second quarter decreased 16 percent compared to the 2008 second quarter, better than the 17 percent decline experienced in the 2009 first quarter compared to the 2008 first quarter, demonstrating a slow improvement in overall demand. However, this improvement was more than offset by continued pressure on price which was caused in part by lower fuel surcharge revenue on freight hauled by third-party truck brokerage carriers and rail, ocean and air cargo carriers. Revenue per load for revenue hauled by BCO Independent Contractors in the 2009 second quarter was 11 percent below the 2008 second quarter and revenue per load on freight hauled by third-party truck brokerage carriers, which includes the impact of lower fuel surcharges invoiced to customers in the 2009 second quarter, decreased 24 percent compared to the 2008 second quarter.
"Irrespective of the current economic environment, Landstar continues to generate outstanding returns. Trailing twelve month return on average shareholders' equity remained high at 35 percent and trailing twelve month return on invested capital, net income divided by the sum of average equity plus average debt, was 24 percent.
"Landstar's net revenue margin, defined as revenue less purchased transportation and commissions to agents divided by revenue, was 17.2%, up from 15.3% in the 2008 second quarter. And, as a direct result of Landstar's variable cost business model and other cost reduction actions taken in 2009, Landstar was able to generate an operating profit margin of 6.1%, despite the revenue decline. If one were to exclude the $2.0 million in one-time acquisition costs, the operating margin was 6.5%, a very respectable margin in a very difficult operating climate.
"In the first week of the Company's fiscal third quarter, Landstar completed the acquisitions of two supply chain transportation integration companies. I am excited about the opportunities that these acquisitions will provide to our independent agent and capacity network," Gerkens said. "The technology platforms acquired with these businesses should provide our independent agents the ability to offer customers complete supply chain solutions with industry leading technology and, in turn, provide additional loading opportunities to our vast capacity network. Landstar now possesses the tools to become a major player in the freight under management business. The Company expects that the acquisitions will not have a material effect on its revenue and earnings for the third and fourth quarters of 2009."
Gerkens continued, "I do not foresee a significant change in the current freight environment as we move through the third quarter. However, there has been a slight improvement in volume trends. In addition, some of the very difficult revenue comparisons experienced during the first half of 2009 begin to ease toward the end of the 2009 third quarter and into the 2009 fourth quarter. I believe the worst is over. That being said, there continues to be some level of uncertainty in the marketplace and, as such, Landstar will not be providing guidance at this time. However, I continue to believe that the sensitivity analysis provided with prior earnings releases continues to reflect how Landstar's variable cost business model would react to varying levels of revenue. It should be noted that the Company's 2008 third quarter results included revenue, net income, and diluted earnings per share of $27.6 million, $1.7 million and $0.03, respectively, for bus capacity provided in connection with evacuation assistance related to the storms that impacted the Gulf Coast."
Landstar will provide a live webcast of its quarterly earnings conference call this afternoon at 5 pm ET. To access the webcast, visit the Company's website at http://www.landstar.com/; click on "Investor Relations" and "Webcasts," then click on "Landstar's Second Quarter 2009 Earnings Release Conference Call."
The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this press release that are not based on historical facts are "forward-looking statements". This press release contains forward-looking statements, such as statements which relate to Landstar's business objectives, plans, strategies, expectations and intentions. Terms such as "anticipates," "believes," "estimates," "intention," "plans," "predicts," "may," "should," "will," the negative thereof and similar expressions are intended to identify forward-looking statements. Such statements are by nature subject to uncertainties and risks, including but not limited to: an increase in the frequency or severity of accidents or workers' compensation claims; unfavorable development of existing claims; dependence on independent sales agents; dependence on third-party capacity providers; disruptions or failures in our computer systems; a downturn in domestic or international economic growth or growth in the transportation sector; substantial industry competition; and other operational, financial or legal risks or uncertainties detailed in Landstar's Form 10K for the 2008 fiscal year, described in Item 1A Risk Factors, and other SEC filings from time to time. These risks and uncertainties could cause actual results or events to differ materially from historical results or those anticipated. Investors should not place undue reliance on such forward-looking statements, and Landstar undertakes no obligation to publicly update or revise any forward-looking statements.
About Landstar:
Landstar System, Inc. delivers safe, specialized transportation and logistics services to a broad range of customers worldwide. The Company identifies and fulfills shippers' needs through the coordination of individual businesses comprised of independent sales agents and third-party transportation and logistics capacity providers. Through its operating subsidiaries, Landstar delivers excellence in complete transportation logistics services and solutions. All Landstar transportation companies are certified to ISO 9001:2000 quality management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock Market under the symbol LSTR.
(Tables follow)
Landstar System, Inc.
Consolidated Statements of Income
(Dollars in thousands, except per share amounts)
(Unaudited)
Twenty Six Weeks Ended Thirteen Weeks Ended
---------------------- --------------------
June 27, June 28, June 27, June 28,
2009 2008 2009 2008
---------- ---------- ---------- ----------
Revenue $960,411 $1,306,479 $491,164 $697,651
Investment income 675 1,869 250 773
Costs and expenses:
Purchased transportation 717,891 1,003,345 366,567 538,316
Commissions to agents 78,251 99,590 39,927 52,776
Other operating costs 14,838 13,940 7,388 7,356
Insurance and claims 18,799 19,034 9,797 9,513
Selling, general and
administrative (1) 66,612 70,958 32,243 35,101
Depreciation and amortization 11,201 10,307 5,716 5,177
---------- ---------- ---------- ----------
Total costs and
expenses (1) 907,592 1,217,174 461,638 648,239
---------- ---------- ---------- ----------
Operating income (1) 53,494 91,174 29,776 50,185
Interest and debt expense 2,136 3,878 973 1,736
---------- ---------- ---------- ----------
Income before income taxes (1) 51,358 87,296 28,803 48,449
Income taxes 19,607 33,788 10,946 18,684
---------- ---------- ---------- ----------
Net income (1) $31,751 $53,508 $17,857 $29,765
========== ========== ========== ==========
Earnings per common share (1) $0.62 $1.01 $0.35 $0.56
========== ========== ========== ==========
Diluted earnings per share (1) $0.61 $1.01 $0.35 $0.56
========== ========== ========== ==========
Average number of shares
outstanding:
Earnings per common share 51,453,000 52,726,000 51,330,000 52,851,000
========== ========== ========== ==========
Diluted earnings per share 51,636,000 53,198,000 51,487,000 53,373,000
========== ========== ========== ==========
Dividends paid per common share $0.0800 $0.0750 $0.0400 $0.0375
========== ========== ========== ==========
(1) The 2009 twenty-six and thirteen-week periods include $2,005 of costs
related to the acquisition of two supply chain transportation
integration companies in the first week of the Company's fiscal third
quarter. Net of related income tax benefits, these costs reduced net
income for the twenty-six and thirteen-week periods ended June 27, 2009 by
$1,243, or $0.02 per common share ($0.02 per diluted share).
Landstar System, Inc.
Consolidated Balance Sheets
(Dollars in thousands, except per share amounts)
(Unaudited)
June 27, Dec. 27,
2009 2008
-------- --------
ASSETS
Current assets:
Cash and cash equivalents $92,091 $98,904
Short-term investments 23,791 23,479
Trade accounts receivable, less allowance of
$7,092 and $6,230 237,516 315,065
Other receivables, including advances to independent
contractors, less allowance of $5,344 and $4,298 12,639 10,083
Deferred income taxes and other current assets 28,128 27,871
-------- --------
Total current assets 394,165 475,402
-------- --------
Operating property, less accumulated depreciation and
amortization of $115,023 and $106,635 124,513 124,178
Goodwill 31,134 31,134
Other assets 33,512 32,816
-------- --------
Total assets $583,324 $663,530
======== ========
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Cash overdraft $20,471 $32,065
Accounts payable 91,858 105,882
Current maturities of long-term debt 25,881 24,693
Insurance claims 27,410 23,545
Accrued income taxes 11,948 12,239
Other current liabilities 34,435 38,161
-------- --------
Total current liabilities 212,003 236,585
-------- --------
Long-term debt, excluding current maturities 37,778 111,752
Insurance claims 34,459 38,278
Deferred income taxes 27,825 23,779
Shareholders' equity:
Common stock, $0.01 par value, authorized 160,000,000
shares, issued 66,181,267 and 66,109,547 shares 662 661
Additional paid-in capital 158,543 154,533
Retained earnings 731,959 704,331
Cost of 14,868,687 and 14,424,887 shares of common
stock in treasury (619,609) (605,828)
Accumulated other comprehensive loss (296) (561)
-------- --------
Total shareholders' equity 271,259 253,136
-------- --------
Total liabilities and shareholders' equity $583,324 $663,530
======== ========
Landstar System, Inc.
Supplemental Information
(Unaudited)
Twenty Six Weeks Thirteen Weeks
Ended Ended
---------------- --------------
June 27, June 28, June 27, June 28,
2009 2008 2009 2008
-------- ---------- -------- --------
Revenue generated through (in thousands):
-----------------------------------------
Business Capacity Owners (1) $550,665 $700,195 $288,600 $375,391
Truck Brokerage Carriers 329,479 490,334 165,236 261,701
Rail intermodal 36,728 71,598 17,410 37,809
Ocean cargo carriers 17,518 18,220 8,667 9,786
Air cargo carriers 7,508 7,449 2,121 3,860
Other (2) 18,513 18,683 9,130 9,104
-------- ---------- -------- --------
$960,411 $1,306,479 $491,164 $697,651
======== ========== ======== ========
Number of loads:
----------------
Business Capacity Owners (1) 365,000 429,080 194,350 225,880
Truck Brokerage Carriers 240,020 288,970 122,370 146,940
Rail intermodal 18,290 31,000 8,710 16,020
Ocean cargo carriers 2,590 2,590 1,350 1,340
Air cargo carriers 5,100 3,870 1,840 1,880
-------- ---------- -------- --------
631,000 755,510 328,620 392,060
======== ========== ======== ========
Revenue per load:
-----------------
Business Capacity Owners (1) $1,509 $1,632 $1,485 $1,662
Truck Brokerage Carriers 1,373 1,697 1,350 1,781
Rail intermodal 2,008 2,310 1,999 2,360
Ocean cargo carriers 6,764 7,035 6,420 7,303
Air cargo carriers 1,472 1,925 1,153 2,053
June 27, June 28,
2009 2008
-------- --------
Truck Capacity
--------------
Business Capacity Owners (1) (3) 8,286 8,222
------ ------
Truck Brokerage Carriers:
Approved and active (4) 14,827 16,080
Approved 11,082 9,219
------ ------
25,909 25,299
------ ------
Total available truck capacity providers 34,195 33,521
====== ======
Agent Locations 1,436 1,409
--------------- ====== ======
(1) Business Capacity Owners are independent contractors who provide truck
capacity to the Company under exclusive lease arrangements.
(2) Includes premium revenue generated by the insurance segment and
warehousing revenue generated by the transportation logistics segment.
(3) Trucks provided by Business Capacity Owners were 8,875 and 8,804 at
June 27, 2009 and June 28, 2008, respectively.
(4) Active refers to Truck Brokerage Carriers who have moved at least one
load in the past 180 days.
Landstar System, Inc.
CONTACT: Jim Gattoni, Landstar System, Inc., +1-904-398-9400
Web Site: http://www.landstar.com/
National Latina Women Business Association Honors Verizon's Elva Lima with Corporate Leadership Award
LOS ANGELES, July 15 /PRNewswire/ -- The National Latina Women Business Association has presented its Corporate Leader of the Year Award to Elva Lima, Verizon's vice president of strategic programs, for her dedication to advancing the professional development and business leadership of Latinas.
The award honors outstanding Latina business women in the Los Angeles metropolitan area who have demonstrated success in business and a commitment to the betterment of the Latino community.
"As the nation's leading Latina business organization, the Los Angeles chapter of the National Latina Women Business Association recognizes through its Latina in Business Awards the successes and contributions of Latina entrepreneurs, executives and professionals," said Claudia Bodan, the chapter's president. "Elva Lima's success extends beyond her in work in business, reaching into the community through personal contributions, dedication and participation."
Alberto G. Alvarado, district director of the United States Small Business Administration's Los Angeles office, said: "The NLWBA's recognition of Ms. Lima is a testament to her tireless advocacy for the women-owned, minority- and small-business community. She serves as a role model for many."
Lima said many of her leadership skills are the result of watching the work ethic of her parents as she grew up and the advice she received from her grandmother, and she has further developed those skills throughout her career with Verizon.
"I am honored to be recognized by a leading business organization that serves as a resource for Latinas to meet their career goals through education, leadership and community service," said Lima. "I hope my leadership experience serves as an example of the many ways leadership skills can be attained and used to realize goals."
About NLBWA-LA
National Latina Business Women Association, Los Angeles Chapter (NLBWA-LA), a 501(c) 3 non-profit, non-partisan organization was established in July of 2003 to meet the needs of the growing ranks of Latina entrepreneurs, executives and professionals from the greater Los Angeles area. The mission of NLBWA-LA is to encourage Latinas to develop their business and professional skills and to meet their career goals through education, business referrals and networking. Its vision is to create nationwide representation, visibility and business opportunities for Latinas in the business world and at the executive level. For more information about NLBWA-LA visit http://www.nlbwa-la.org/.
About Verizon
Verizon Communications Inc. , headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 86 million customers nationwide. Verizon's Wireline operations provide converged communications, information and entertainment services over the nation's most advanced fiber-optic network. Wireline also includes Verizon Business, which delivers innovative and seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of more than 237,000 and last year generated consolidated operating revenues of more than $97 billion. For more information, visit http://www.verizon.com/.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Verizon
CONTACT: Jonathon Davies, +1-805-372-6969, jonathan.davies@verizon.com
Web Site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
comScore Ranks as Fastest-Growing U.S. Market Research Firm in 2008 Among Largest 25 Firms in Annual Honomichl ReportcomScore Domestic Revenue Grows 22 Percent Organically to $100.9 Million in 2008
RESTON, Va., July 15 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today announced that it was ranked as the 15th largest U.S. market research firm based on 2008 domestic revenues, growing faster than each of the largest 25 research firms, according to the 2008 Honomichl report http://www.marketingpower.com/ResourceLibrary/MarketingNews/Pages/2009/43/7_30 _09%20Pages/Honomichl_Top_50_Report.aspx. Published in Marketing News, a journal of the American Marketing Association, the Honomichl report ranked the top U.S. market research firms based on their 2008 revenues. comScore ascended one position from the previous year with 2008 U.S. revenues growing 22 percent organically to $100.9 million. comScore's 2008 global revenue was $117.4 million. Only one other firm in the top 25 grew by at least 10 percent domestically, while nearly half of the firms saw their revenue decline under the stress of the challenges faced by the U.S. economy last year, making comScore's growth even more noteworthy.
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"We are delighted to once again be recognized by The Honomichl Top 50 Report as one of the largest and fastest-growing market research firms in the U.S.," said comScore CEO & President Dr. Magid Abraham. "In less than a decade since our inception, we have been able to build a thriving and growing business through the support of our clients, the tireless work of comScore's 600 employees, and a commitment to innovation in our industry. We will continue to build on our past successes and deliver value to our clients by leveraging the power of digital marketing intelligence."
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: Andrew Lipsman of comScore, Inc., +1-312-775-6510, press@comscore.com
Web Site: http://www.comscore.com/
Omnicom Group's MobileBehavior Deepens Agency Integration With Executive Hire
NEW YORK, July 15 /PRNewswire/ -- MobileBehavior, Omnicom Group's leading global mobile brand and agency consultancy, today announced the appointment of mobile industry veteran Chris Golier as Senior Vice President, Marketing. In his role, Golier will lead the integration of the firm's mobile behavioral marketing solutions and services with partner agencies and clients globally. He will also be responsible for channel development activity and continuing to grow the adoption of the firm's Endorsed Impressions(TM) measurement model and real-time mobile intelligence products.
"As marketing and product functions become increasingly blended in open mobile and digital environments, agencies and brands are looking to fully understand how to establish new relevance and capture share in these evolving categories. Chris understands both the opportunities and challenges in mobile faced by brands and agencies globally," said MobileBehavior Managing Director Jason Newport. "His extensive experience in mobile integration across all media categories and accomplishments in marketing within the digital media, publishing and telecom industries make him a unique asset that fits perfectly with our offering."
Golier brings a wealth of wireless experience to the role, having held senior positions in digital and mobile business development and marketing at NBC Universal and Conde Nast, among others. "I am thrilled to join MobileBehavior as it continues to rapidly expand. The importance of having a proven partner in mobile that leverages the impact of socialization is more important than ever," said Golier. "MobileBehavior naturally integrates a brand and its associated value message with the daily lives of consumers. This drives participation at precise moments as well as important brand relationships among consumers."
Golier will primarily focus on further connecting MobileBehavior's Omnicom-networked audience profile and proximity-based mobile solutions and services across the globe, building on recent wins with partner media and advertising agencies in Asia and North America.
About MobileBehavior
MobileBehavior LLC (http://www.mobilebehavior.com/) provides the insight, strategy, and management to drive the real-time mobile experience and mobile behavior for brands around the world. We are an Omnicom Group company with an inter-agency collaboration focus, offices in North America and Asia, and resources across the globe.
About Omnicom
Omnicom Group Inc. (http://www.omnicomgroup.com/) is a leading global advertising, marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries.
MobileBehavior LLC
CONTACT: CONTACT: Jeremy Kressmann of MobileBehavior, +1-212-453-2119, Jeremy.Kressmann@mobilebehavior.com
Web Site: http://www.mobilebehavior.com/ http://www.omnicomgroup.com/
CorVel Announces Earnings Release Webcast
IRVINE, Calif., July 15 /PRNewswire-FirstCall/ -- In conjunction with CorVel Corporation's quarterly earnings release, CorVel will be conducting a conference call that will be broadcast live over the Internet on Tuesday, August 4th at 11:30 am Eastern Time.
Event: CorVel Corporation Quarterly Earnings Release
Hosted by: Dan Starck, President and CEO
Gordon Clemons, Chairman
Date: 11:30 am Eastern Time, Tuesday, August 4th, 2009
Login: http://www.corvel.com/
Contact: CorVel's Investor Relations Department, 1-949-851-1473
About CorVel
CorVel Corporation is a national provider of leading-edge services and solutions in the field of disability management. CorVel specializes in applying information technology and e-commerce applications to improve outcomes in the workers' compensation, group health, auto and disability management insurance markets. The Company provides claims management solutions in addition to networks of preferred providers, case management, utilization management and medical bill review to more than 2,000 clients nationwide. Leveraging its commitment to flexibility and personal service, CorVel delivers custom solutions for employers, insurers, third party administrators and government entities.
This press release contains forward-looking statements that are subject to risks and uncertainties, including the risk that the historical financial performance of the Company may not be indicative of future financial performance and the risk that the recent performance of the Company's Common Stock may not be indicative of its future performance, as well as other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended March 31, 2009, and the Company's most recent Form 10-Q.
(Minimum requirements to listen to broadcast: Windows Media Player and a broadband Internet connection. If you are experiencing problems listening to the broadcast, please call 1-888-289-4717.)
http://www.corvel.com/
CorVel Corporation
CONTACT: Heather Burnham of CorVel Corporation, +1-949-851-1473
Web Site: http://www.corvel.com/
Liberty Announces Semi-Annual Payment on 3.5% Senior Exchangeable Debentures Due 2031Results in Further Reduction of Adjusted Principal Amount
ENGLEWOOD, Colo., July 15 /PRNewswire-FirstCall/ -- Liberty Media LLC ("Liberty"), a subsidiary of Liberty Media Corporation , announced a semi-annual payment to the holders of its 3.5% Senior Exchangeable Debentures due in 2031 (the "Debentures"). The amount of the payment is $17.50 per $1,000 of original principal amount of the Debentures.
This semi-annual payment will result in the further reduction of the adjusted principal amount of the Debentures. As previously announced, the principal amount of the Debentures was reduced in the amount of $162.616 per Debenture, resulting in an adjusted principal amount equal to $837.384 per Debenture. This adjustment resulted from an extraordinary distribution of cash that was paid to bondholders on January 10, 2007 in accordance with the indenture governing the Debentures (the "Indenture"). This extraordinary distribution arose from Freescale Semiconductor's merger with an entity controlled by a consortium of private equity firms in exchange for cash. At that time, Liberty announced that, in accordance with the Indenture, the adjusted principal amount of the Debentures would be further reduced on each successive semi-annual interest payment date to the extent necessary to cause the semi-annual payment on that date to represent the payment by Liberty, in arrears, of an annualized yield of 3.5% of the adjusted principal amount of the Debentures.
The adjustments described above will not affect the amount of the semi- annual payments received by holders of the debentures, which will continue to be a rate equal to 3.5% per annum of the original principal amount of the Debentures. Below is a detail of the amount of the payment being made on the Debentures, its allocation between payment of interest and repayment of principal and the revised adjusted principal amount resulting from the payment, per $1,000 of original principal amount of the Debentures:
July 15, 2009 July 15, 2009
Beginning Additional Ending
Adjusted Payment of Adjusted
Principal Payment Interest Principal Principal
825.6985 $17.50 14.4497 3.0503 822.6482
The semi-annual interest payment and additional distribution are expected to be made on July 15, 2009 to holders of record of the Debentures on July 1, 2009.
About Liberty Media LLC
Liberty Media LLC is an intermediate holding company of Liberty Media Corporation, owning interests in a broad range of electronic retailing, media, communications, and entertainment businesses.
Liberty Media Corporation
CONTACT: Courtnee Ulrich, +1-720-875-5420 or Heather Oshiro, +1-720-875-5433, both of Liberty Media Corporation
Web Site: http://www.libertymedia.com/
Communications Workers of America and AT&T Announce Tentative Agreement in Midwest Contract Negotiations
WASHINGTON and DALLAS, July 15 /PRNewswire-FirstCall/ -- The Communications Workers of America and AT&T Inc. today announced that a tentative agreement has been reached in the Core Wireline contract negotiations covering approximately 18,500 employees in CWA District 4 (AT&T's Midwest region).
The agreement, which will be submitted to the district's membership for a ratification vote in coming days, was reached after nearly five months of negotiations. The contract expired on April 4 and employees have worked under the terms of the expired contract while negotiations continued.
CWA President Larry Cohen said the negotiations reflected the current tough economic times and that the current health care structure in the United States is unsustainable. "This tentative agreement maintains our members' standard of living and safeguards quality health care benefits, which is critical to the well-being of all families. It's important now to move forward in the remaining negotiations and resolve our outstanding issues. I'm pleased that AT&T will continue to work with us and others on comprehensive health care reform so that companies like AT&T that provide quality health care are no longer penalized in this country."
AT&T Chairman and Chief Executive Officer Randall Stephenson applauded the patience and professionalism of negotiating teams representing both sides. "We're pleased to have reached a fair and balanced tentative agreement that keeps our core wireline wages and benefits among the best in the nation, while helping to control costs and preserving our ability to compete," Stephenson said. "These were tough negotiations in difficult economic times and amidst major changes in our wireline business. I am grateful to the representatives of the CWA and AT&T who have worked so hard to achieve this goal."
The three-year proposed agreement includes pay and pension band increases in each year of the agreement, as well as provisions addressing cost of living adjustments. Health care benefits remain among the best in the nation; the health care plan provides for fully funded preventive care and company-funded health reimbursement accounts that can be used toward any eligible health care expense. The agreement includes new transfer opportunities and other employment security gains that strengthen AT&T's quality workforce. The agreement also creates broader earnings and job opportunities for some sales titles and premises technicians, who install AT&T services at customers' homes.
CWA District 4 Vice President Seth Rosen said, "During these very tough times in the Midwest, middle-class workers can use some good news. I am pleased to have reached an agreement that achieves our key goals."
Details of the tentative agreement are reported on the CWA District 4 bargaining Web site (http://district4.cwa-union.org/bargaining) and the AT&T bargaining Web site (http://www.att.com/corebargaining).
Negotiations are continuing in other regions where contracts expired on April 4, as they did in Midwest (CWA District 4). They include East (CWA District 1), West (CWA District 9), Southwest (District 6) and Legacy T (CWA ComTech unit). Negotiations are also continuing for Core Wireline contracts with the IBEW for employees mostly in Illinois in northwestern Indiana; those contracts expired June 27. The Core Wireline contract in the Southeast region (CWA District 3) expires on Aug. 8 and negotiations begin in that region July 20.
A total of about 120,000 employees are covered under the various contracts.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
AT&T Inc.
CONTACT: Candice Johnson of CWA, +1-202-434-1168, cjohnson@cwa-union.org; or Walt Sharp of AT&T, +1-214-757-3549, walt.sharp@att.com
Web Site: http://www.att.com/
Activision Teams With Pro vs. GI Joe to Support Troops Through Video Games'Activision Showdown' Series of Professional Athlete vs. Troop Game Competitions Kicks-Off at NASCAR's Brickyard 400 at the Indianapolis Motor Speedway
SANTA MONICA, Calif., July 15 /PRNewswire-FirstCall/ -- Activision Publishing, Inc. and Pro vs. GI Joe announced today a new partnership to host the "Activision Showdown," a series of video game competitions bringing together active duty troops with some of the world's most popular professional athletes for a once-in-a-lifetime experience. Featuring blockbuster franchises, including Guitar Hero and Call of Duty , the Showdown series offers service members a chance to not only square-off online in friendly exhibitions playing the hottest video games, but also have the chance to connect with families back home via video conference.
Activision's Showdown kicks-off next week Friday, July 24, prior to the Brickyard 400 at the Indianapolis Motor Speedway with members of the Indiana National Guard, currently stationed in Kuwait and Iraq, facing-off in a match of Guitar Hero Smash Hits against NASCAR Sprint Cup Series star Martin Truex Jr., driver of the No. 1 Guitar Hero Smash Hits Chevrolet for Earnhardt Ganassi Racing with Felix Sabates. The troops' families will also be in attendance to participate and spend time online with their loved ones abroad.
"Giving back to our troops in such a fun-filled and entertaining way presents an opportunity like never before," said Mike Griffith, president & CEO of Activision Publishing, Inc. "With organizations such as Pro vs. GI Joe leading the way, we can celebrate the men and women, who have made such a tremendous commitment of themselves by bringing them together with the biggest names in sports and pop culture through video games."
"We started Pro vs. GI Joe two years ago to give our troops serving all over the world an opportunity to have fun battling the 'pros' and as a way to keep in touch with the people they love," said Greg Zinone, founder of Pro vs. GI Joe. "We've been overwhelmed at the support from 'pros' we have worked with so far, and are extremely excited that Activision is joining our team to help keep our mission possible."
"I cannot say enough about what this opportunity means to me, "said Martin Truex Jr., driver of the No. 1 Guitar Hero Smash Hits Chevy for Earnhardt Ganassi Racing. "NASCAR's fans and drivers alike are known throughout the country for supporting the men and women of our nation's military, and I'm thrilled that my relationship with Activision's Guitar Hero franchise has given me the chance to take part in this event honoring our troops and their families."
The Activision Showdown series with Pro vs. GI Joe continues Activision's on-going support of America's service members. In 2008, Activision partnered with the USO to provide copies of the top-selling video game Guitar Hero III: Legends of Rock for use in USO gaming lounges and mobile USO fleets on U.S. military bases across the globe. Activision also continues an initiative, which began last year, dedicated to hiring veterans once they return home in a variety of positions.
For more information, please visit http://www.provsgijoe.org/.
About Pro vs. GI Joe
Pro vs. GI Joe, a 501c3 nonprofit organization, is changing the way our troops stay connected! Pro vs. GI Joe provides America's heroes with once-in-a-lifetime opportunities by pitting them against their favorite professional athletes and celebrities in heated yet fun video game competitions via the Internet and in person, when applicable! Not only do we connect the Pro and the GI Joe, but we also create lasting memories for families by inviting the participating troops' loved ones to our events to reunite with them via webcam. Through our partnership with the USO, Pro vs. GI Joe brings these amazing opportunities to troops in combat zones and remote locations around the world. We aim to do something no other morale boosting organization does: use the best of today's modern technology to make virtual connections via video games and webcams, simultaneously, across the miles. Please visit http://www.provsgijoe.org/ to learn more!
About Activision Publishing, Inc.
Headquartered in Santa Monica, California, Activision Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.
Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Australia, Russia, Japan, South Korea, China and the region of Taiwan. More information about Activision and its products can be found on the company's website, http://www.activision.com/.
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Publishing generally uses words such as "outlook," "will," "could," "would," "might," "remains," "to be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimate," future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to identify forward-looking statements. Factors that could cause Activision Publishing's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales levels of Activision Publishing's titles, shifts in consumer spending trends, the impact of the current macroeconomic environment, the seasonal and cyclical nature of the interactive game market, Activision Publishing's ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Publishing's products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, litigation against Activision Publishing, maintenance of relationships with key personnel, customers, vendors, licensees, licensors and third-party developers, counterparty risks relating to customers, licensees, licensors and manufacturers, domestic and international economic, financial and political conditions and policies, foreign exchange rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, Activision Blizzard's success in completing the integration of the operations of Activision Publishing and Vivendi Games in a timely manner, or at all, and the combined company's ability to realize the anticipated benefits and synergies of the transaction to the extent, or in the timeframe, anticipated, and the other factors identified in the risk factors section of Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.
2009 Activision Publishing, Inc. Call of Duty, Guitar Hero and Activision are registered trademarks of Activision Publishing, Inc. All other trademarks and trade names are the properties of their respective owners. All rights reserved.
Activision Publishing, Inc.
CONTACT: Joshua Selinger of Activision Publishing, Inc., +1-310-496-5287, Joshua.Selinger@activision.com; or Addie Zinone of Pro vs. GI Joe, +1-818-235-3974, addie@provsgijoe.org
Web Site: http://www.activision.com/ http://www.provsgijoe.org/
Company News On-Call: http://www.prnewswire.com/comp/007396.html
CGI to release third quarter fiscal 2009 results on July 29Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom
MONTREAL, July 15 /PRNewswire-FirstCall/ -- CGI Group Inc. (TSX: GIB.A; NYSE: GIB) will release results for its third quarter fiscal 2009, ended June 30, 2009, on Wednesday, July 29, 2009 before the markets open. Management will host a conference call and question-and-answer session to discuss earnings at 9:00 a.m. (EDT). Participants will include Michael E. Roach, President and Chief Executive Officer, as well as David Anderson, Executive Vice-President and Chief Financial Officer.
Who: CGI Group Inc.
What: Third Quarter Fiscal 2009 Results
When: Wednesday, July 29, 2009 at 9:00 a.m. (EDT)
Conference Call: 1- 866-223-7781
Webcast: A live webcast of the quarterly results conference call
may be accessed through the Company's website
http://www.cgi.com/investors where a replay will also be
archived. Listeners should allow ample time to access
the webcast. As well, reference slides will be available
for download shortly before the beginning of the call.
Podcast: An MP3 version will be available for download later in
the day.
RSS Feed: Subscribe via our site to receive the latest news
releases and podcasts:
http://www.cgi.com/web/en/media_room/rss_podcast_feeds.htm.
About CGI
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 25,500 professionals in over 100 offices across 16 countries. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $3.8 billion and at March 31, 2009, CGI's order backlog was $12.0 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S P/TSX Composite Index as well as the S P/TSX Capped Information Technology and MidCap Indices. Website: http://www.cgi.com/.
CGI GROUP INC.
CONTACT: Colin Brown, Specialist, Communications and Investor Relations, (514) 841-3634, colin.brown@cgi.com
Pizza Hut Launches Killer App for Your AppetiteCustomers Can Download First Pizza Ordering App for Free
DALLAS, July 15 /PRNewswire/ -- iPhone and iPod touch users now have a way to satisfy their appetite for America's Favorite Pizza with a new application on the App Store. Starting today, iPhone and iPod touch users can order Pizza Hut menu items directly from their devices via the free application.
"As more of our customers are integrating the iPhone and iPod touch into their everyday lives, Pizza Hut wants to be right there with them," said Brian Niccol, Pizza Hut CMO. "As a longtime category leader in innovation, creating an App Store application is just one more way we are helping customers place orders in a way that best fits their mobile lifestyle."
The new App is not only a convenient way to order from Pizza Hut -- it's an entertaining way to place your order. The App uses innovative iPhone and iPod touch features including the Multi-touch user interface and accelerometer to make ordering each individual menu item a fun and customized experience.
When Ordering Pizza
The pizza ordering section allows consumers to virtually build their own pizza by choosing a type of crust in the scroll wheel, "pinching" to select size, and dragging-and-dropping toppings onto the pizza, all with visual confirmation. If an overeager pizza customer adds too many toppings, the pizza explodes and toppings go flying across the screen with an alert to make their pizza happier with fewer toppings. Toppings are easily deleted by clicking them in a generated text list. To customize for half and half, users tilt the phone left or right and the toppings move to one side or the other. When finished, the user sees a visual representation of what their pizza will look like.
When Ordering WingStreet Wings
The section used to order WingStreet wings starts with a bowl of wings that changes as users choose the type of wings they want. Next they select a sauce and are prompted to "cook their wings" by shaking their iPhone or iPod touch until the wings are covered. Shake too long and the sauce flies across the screen. As with the pizza ordering, customers finish with a representation of the wings order.
When Ordering Tuscani Pastas
The App has a virtual waiter on call to take your Tuscani Pastas order. You can select from four delicious varieties including Meaty Marinara, Creamy Chicken Alfredo, Premium Bacon Mac 'N Cheese and Lasagna.
When Waiting for Delivery, Pizza Hut Racer Entertains
Pizza Hut has also given consumers a way to pass the time as they wait for their pizza with a game called Pizza Hut Racer. Pizza Hut Racer challenges users to deliver a pizza quickly while avoiding obstacles in the road. The pizza delivery car speeds up or slows down depending upon the angle of the device, and vibrations and beeps alert users when the driver hits the curb or runs into obstacles.
Deals
The App's deals section displays coupons stuck on a refrigerator door, just like your fridge at home. Customers can pinch to zoom in and out to view various deals then click on a coupon to place an order using that deal.
The Pizza Hut App for iPhone and iPod touch is the latest way the company is paving the way for innovation in the digital space. In January 2008, Pizza Hut pioneered mobile phone ordering with the launch of Total Mobile Access, a service that allows customers to order pizza from their mobile phones via text messaging or mobile Web. Earlier this year, Pizza Hut launched a new Facebook application that allows customers to seamlessly order their Pizza Hut favorites while logged into Facebook platform.
The Pizza Hut App is available from the App Store on iPhone and iPod touch or at itunes.com/appstore/. For more information on Pizza Hut, log on to pizzahut.com, or interact with Pizza Hut at facebook.com/pizzahut and twitter.com/pizzahut.
About Pizza Hut:
Pizza Hut, America's Favorite Pizza, delivers more pizza, pasta and wings than any other restaurant. A shining example of success in American entrepreneurism, the company began 50 years ago in Wichita, Kansas and today operates more than 10,000 restaurants in hundreds of countries. Pizza Hut, Inc. is a subsidiary of Yum! Brands, Inc. . To check out what's new at Pizza Hut visit pizzahut.com.
Media Contact:
Dan Skinner
Zeno for Pizza Hut
312-396-9706
dan.skinner@zenogroup.com
Pizza Hut
CONTACT: Dan Skinner of Zeno, +1-312-396-9706, Dan.Skinner@zenogroup.com, for Pizza Hut
Web Site: http://www.pizzahut.com/
New England Aquarium Teams Up With the Verizon Foundation to Enrich Teen Internship Experience$50,000 Verizon Foundation Grant Reinforces 21st Century Skills for Student Interns
BOSTON, July 15 /PRNewswire/ -- The New England Aquarium (NEAq) and Verizon Foundation have joined forces to ensure that the internship experience not only provides students with a paycheck, but also reinforces the 21st century skills needed to succeed in the future.
NEAq received a $50,000 grant today from the Verizon Foundation to enhance the organization's summer internship program. During the summer months and the school year, 100 interns will work at NEAq in a variety of jobs that range from providing customer service in the gift shop to giving presentations on various aspects of marine life. The Verizon Foundation grant will provide support for workforce team building and supervisor training programs, and technology and program enhancements. Students also will use the Verizon Foundation's Thinkfinity.org as a learning tool and educational resource in the development of their teaching and presentation skills.
Aquarium teen interns commonly make presentations before hundreds of visitors on complex subjects. Wednesday's media event included a teen intern as master of ceremonies, a teen intern giving a talk on the Aquarium's Gant Ocean Tank, and a teen intern showing Verizon's regional president on how to feed a 560-pound sea turtle.
"The Aquarium's enhanced internship program provides teens with a richer and more meaningful learning experience," said Donna Cupelo, New England region president of Verizon. "Verizon has a long history of employing student interns and supporting the education of our youth. This partnership provides us with an invaluable opportunity to engage students in an internship experience that will give them the important skills they need to succeed in the 21st century."
The NEAq Teen Internship Program, which was formalized in 1992, is one of the largest employers of summer jobs for teens in Boston.
"Teen interns contribute to the Aquarium's mission by fostering an appreciation for the environment in young people," said Bud Ris, president and chief executive officer. "Beyond skill development and a potentially life-changing experience for the teen, there are great rewards for the Aquarium too. Teens infuse our workforce with their energy and enthusiasm, serve as role models for their peers, and help us better represent the diverse communities we serve."
About New England Aquarium
The New England Aquarium is one of the most prominent and popular aquariums in North America and is a recognized international leader in ocean conservation, education and research. From leading expeditions to some of the most remote places on the planet to running education programs in Boston's inner-city neighborhoods, the New England Aquarium has a vast array of projects that are all dedicated to educating the public about the most challenging problems facing the oceans today. Visit http://www.neaq.org/.
About Verizon Foundation
The Verizon Foundation, the philanthropic arm of Verizon Communications, supports the advancement of literacy and K-12 education through its free educational Web site, Thinkfinity.org, and fosters awareness and prevention of domestic violence. In 2008, the Verizon Foundation awarded more than $68 million in grants to nonprofit agencies in the U.S. and abroad. It also matched the charitable donations of Verizon employees and retirees, resulting in an additional $26 million in combined contributions to nonprofits. Through Verizon Volunteers, one of the nation's largest employee volunteer programs, Verizon employees and retirees have volunteered more than 3 million hours of community service since 2000. For more information on the foundation, visit http://www.verizonfoundation.org/.
Verizon Communications Inc. , headquartered in New York, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 80 million customers nationwide. Verizon's Wireline operations include Verizon Business, which delivers innovative and seamless business solutions to customers around the world, and Verizon Telecom, which brings customers the benefits of converged communications, information and entertainment services over the nation's most advanced fiber-optic network. A Dow 30 company, Verizon employs a diverse workforce of nearly 224,000 and last year generated consolidated operating revenues of more than $97 billion. For more information, visit http://www.verizon.com/.
Verizon
CONTACT: Tony LaCasse of New England Aquarium, +1-617-877-6871; or Phil Santoro of Verizon, +1-617-743-4760
Web Site: http://www.verizon.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
inTEST Corporation Receives Going Concern Qualification
CHERRY HILL, N.J., July 15 /PRNewswire-FirstCall/ -- inTEST Corporation , an independent designer, manufacturer and marketer of semiconductor automatic test equipment (ATE) interface solutions and temperature management products, today announced that the audit report to the consolidated financial statements for the fiscal year ended December 31, 2008, included in the Company's Annual Report on Form 10-K ("Form 10-K") filed with the Securities and Exchange Commission on July 10, 2009, contained a going concern qualification from its independent registered public accounting firm, McGladrey & Pullen, LLP.
This announcement is being made in compliance with Nasdaq Marketplace Rule 5250(b)(2) which requires a public announcement through the news media disclosing the receipt of an audit opinion containing a going concern qualification. This announcement does not represent any change or amendment to the Company's financial statements or to its Form 10-K for the year ended December 31, 2008.
About inTEST Corporation
inTEST Corporation is an independent designer, manufacturer and marketer of ATE interface solutions and temperature management products, which are used by semiconductor manufacturers to perform final testing of integrated circuits (ICs) and wafers. The Company's high-performance products are designed to enable semiconductor manufacturers to improve the speed, reliability, efficiency and profitability of IC test processes. Specific products include positioner and docking hardware products, temperature management systems and customized interface solutions. The Company has established strong relationships with semiconductor manufacturers globally, which it supports through a network of local offices. For more information visit http://www.intest.com/.
CONTACT:
Hugh T. Regan, Jr., Treasurer and Chief Financial Officer, inTEST Corporation, 856-424-6886, ext 201.
Forward-Looking Statements:
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements do not convey historical information, but relate to predicted or potential future events that are based upon management's current expectations. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. In addition to the factors mentioned in this press release, such risks and uncertainties include, but are not limited to, changes in business conditions and the economy, generally; changes in the demand for semiconductors, generally; changes in the rates of, and timing of, capital expenditures by semiconductor manufacturers; progress of product development programs; increases in raw material and fabrication costs associated with our products; implementation of additional restructuring initiatives; costs associated with compliance with Sarbanes Oxley and other risk factors set forth from time to time in our SEC filings, including, but not limited to, our periodic reports on Form 10-K and Form 10-Q. The Company undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events.
inTEST Corporation
CONTACT: Hugh T. Regan, Jr., Treasurer and Chief Financial Officer, inTEST Corporation, +1-856-424-6886, ext 201
Web Site: http://www.intest.com/
Dow Extends Technology Services Agreement with IBM Through 2014
ARMONK, N.Y., July 15 /PRNewswire-FirstCall/ -- IBM today announced it has signed a five-year information technology (IT) services agreement with The Dow Chemical Company . As part of the global agreement, IBM will help with the integration of Rohm and Haas Company into Dow's worldwide IT infrastructure. This agreement is consistent with and will help enable Dow's $1.3 billion synergy target related to the acquisition of Rohm and Haas Company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
Under the new contract, IBM will take on additional service responsibilities for Dow including:
-- Global Service Desk - implementation of a consolidated service desk
for 50,000 users -- which also leverages integrated tools to assist
Dow in providing services to its joint ventures
-- Global Software Distribution Services - delivered consistently via
IBM's Software Packaging Management Services to 50,000 users globally
-- Workstation Support
-- Audio Conferencing and Voice Optimization Services
In addition to these services, this agreement includes base infrastructure support for network, servers and desk-side field services across 53 countries.
"IT provides a strong competitive advantage for Dow," said Dave Kepler, executive vice president, business services, chief sustainability officer, and CIO. "This alliance will help assure that we retain our leading position, supporting the company's growth strategy with enabling technologies."
"By integrating and simplifying the IT approach across its global enterprise, Dow will be better positioned to achieve core business synergy objectives," said Scott Hopkins, IBM Global Technology Services, general manager, Industrial Sector. "IBM is pleased to continue working with Dow to support their strategic priorities and create an IT infrastructure that achieves new levels of flexibility, responsiveness, resiliency and performance."
The new agreement, signed in June 2009, builds upon a decades-long relationship between IBM and Dow and expands the original outsourcing services contract signed in 2004.
About Dow
With sales of $58 billion in 2008 and 46,000 employees worldwide, Dow is a diversified chemical company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. On April 1, 2009, Dow acquired Rohm and Haas Company, a global specialty materials company with sales of $10 billion in 2008 and 15,000 employees worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at http://www.dow.com/.
About IBM
For more information, visit http://www.ibm.com/services.
Media Contacts
Jenna Gable
IBM Communications
(917) 472-3512
gablej@us.ibm.com
David Winder
The Dow Chemical Company
989-638-0745
dwinder@dow.com
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IBM
CONTACT: Jenna Gable, IBM Communications, +1-917-472-3512, gablej@us.ibm.com; or David Winder, The Dow Chemical Company, +1-989-638-0745, dwinder@dow.com
Web Site: http://www.ibm.com/services
Deutsche Telekom Unit Sued In Trade Secret Case; U.S. Federal Court Denies Motion To Dismiss, Orders Sigma Six Technologies Case To Proceed
SAN JOSE, Calif., July 15 /PRNewswire/ -- T-Systems Enterprise Services GmbH, a Germany-based division of Deutsche Telekom , has been sued in U.S. federal court by two U.S.-based companies for intentional interference with contract and unfair business practices. The suit, filed in December, 2008 in the U.S. District Court for the Northern District of California, alleges that T-Systems ordered ServiceNet software from Nagarro, Inc. which had been stolen from one plaintiff, with full knowledge of one plaintiff's existing contract with Nagarro to develop ServiceNet. T-Systems and its large enterprise customers throughout the world (including several U.S. household names) use ServiceNet as their enterprise client user interface.
Both T-Systems and Nagarro (a San Jose outsourced software developer with a back office in India) are named as defendants in the 19-page complaint, which alleges breach of contract; theft of trade secrets; tortious interference with contract; and unfair competition under California law. The suit seeks damages expected to reach into tens of millions of dollars. Plaintiffs have requested that the court issue a permanent injunction barring both defendants and all other persons working in concert with them, including all of T-Systems' customers around the world, from in any way using any version or form of ServiceNet.
Last week, U.S. District Court Judge James Ware denied T-Systems' motion to dismiss the complaint for lack of personal jurisdiction, inconvenient forum and German forum selection clause, and ordered the case to proceed to trial in the second half of 2010. Judge Ware ruled that a German forum selection clause was permissive and not mandatory; the court further found that T-Systems had failed to meet its burden on its personal jurisdiction and inconvenient forum arguments. In April, Judge Ware rejected Nagarro's motion to compel arbitration. Said Harry Singh, President and CEO of plaintiff Sigma Six Technologies, Inc., "We are very pleased with the court's ruling that a German company allegedly interfering with American contracts, benefiting from American-owned software and causing harm to American companies, must answer for its actions in U.S. courts. We look forward to pursuing our claims against T-Systems and Nagarro and are confident that our legal system will produce just results."
Sigma Six Technologies, Inc.
CONTACT: Sigma Six Technologies, Inc., +1-212-532-8008, harrys@sigmaweb.com
West Mifflin, Pennsylvania, Residents to Benefit From Verizon Wireless Network EnhancementsNew Cell Site Means Clearer Reception, Fewer Dropped Calls
WEST MIFFLIN, Pa., July 15 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated a new cell site in West Mifflin, which will enable more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; access the Internet; and download games and ringtones, while enjoying clearer reception and fewer dropped calls.
The new cell site improves coverage in the towns of West Mifflin, Braddock and Duquesne, along portions of State Route 837 and in the popular Kennywood amusement park.
"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Roger Tang, president-Ohio/Pennsylvania/West Virginia Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are important to our customers. We continue to optimize our network so that it remains the most reliable in the nation."
This network improvement is part of Verizon Wireless' continual effort to expand coverage, improve capacity and enhance the quality of its wireless voice and data network in Pennsylvania and throughout the country. Verizon Wireless has invested more than $50 billion since it was formed--$5.5 billion on average every year--to increase the coverage and capacity of its premier nationwide network and to add new services. Over the past 18 months, the company invested nearly $330 million in its Pennsylvania network improvements.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving more than 86.6 million customers. Headquartered in Basking Ridge, N.J., with more than 86,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, visit http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Laura Merritt, Verizon Wireless, +1-614-345-3210, laura.merritt@verizonwireless.com; Heather Pharo, For Verizon Wireless, +1-412-642-7700, heather.pharo@elias-savion.com
Web Site: http://www.verizonwireless.com/
IBM Simplifies Unified Communications for SMBsNew solution and growing partner ecosystem up the ante against Microsoft
ARMONK, N.Y., July 15 /PRNewswire-FirstCall/ -- IBM today announced a new, self-managing, "office in a box" appliance for small and midsized businesses (SMBs) that combines all of the unified communications and collaboration (UC2) tools needed to run a business with the ability to connect to telephony, in a single solution. For smaller businesses with limited IT expertise, the solution reduces complexity and enables employees to instantly access people and information, resulting in increased efficiency, productivity and lower operating costs.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090715/NY46899 )
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
The new Lotus Foundations Reach solution customizes and extends the IBM Sametime UC2 capabilities in a single appliance designed specifically for SMBs that have limited IT skills and smaller budgets. In about an hour, a business can install and configure its entire UC environment in a system small enough to fit under a desk. Unlike competitive offerings, Foundations Reach minimizes the need for human intervention with self-managing technology that automates IT tasks such as adjusting to workload demands, conducting proactive system checks for security and reliability of the network, and detecting and repairing potential issues.
Lotus Foundations Reach enhances the user experience by reducing the complexities associated with deploying and managing communications and collaboration solutions. From one convenient platform, Lotus Foundations Reach combines key UC features such as instant messaging (IM), presence awareness to see who is online and available, email, calendars, contacts, office productivity tools, network security, remote access, file and print sharing, and backup and disaster recovery. The ability to access these capabilities from a mobile device makes it easier for users that travel or work remotely.
By communicating and collaborating virtually, SMBs can reduce costs by decreasing the need for travel, supporting remote workforces to cut down on office space, and decreasing long-distance telephone expenses with VoIP capabilities.
Many telephony partners are opting for IBM's open approach, which allows them to incorporate their products with IBM's to reduce the costs and complexity of IP telephony. This results in comprehensive communications solutions that were not previously available to SMBs. Lotus Foundations Reach enables telephony partners to extend IBM's self-managing capabilities and provide expanded features such as click-to-call, click-to-conference, the ability to see if someone is on the phone or not, and voicemail access.
"Until now, the complexity and cost of creating an IT solution combined with UC and IP telephony capabilities have been a deterrent for small businesses," said Caleb Barlow, director, Lotus Foundations, IBM. "With Lotus Foundations Reach, IBM enables telephony partners to combine their technologies with IBM's UC solution to create a comprehensive offering that is affordable and simple enough for the smallest of businesses to use."
From a single platform, Lotus Foundations Reach helps SMBs increase employee productivity and efficiency by enabling them to communicate in real time. For example, a small company that sells medical devices and has a remote sales force can speed product sales and delivery by instantaneously processing orders from Blackberry mobile devices.
The expanded Lotus Foundations platform builds on IBM's commitment to simplify the delivery of information technology for the SMB market. SMBs face many of the same IT challenges as enterprises, but do not have access to the skills or budgets to manage complex IT solutions. With Lotus Foundations Reach, SMBs have a complete set of collaboration tools to effectively run their businesses at a price they can afford.
IBM Foundations Reach is built on an open platform that enables and encourages partners to innovate and build upon IBM technology to deliver cost-efficient, flexible and easy to use solutions specifically designed for smaller businesses. This open strategy allows smaller businesses to expand without worrying about upgrade costs or requirements to purchase additional technology.
A growing number of business partners are choosing to build solutions based on Lotus Foundations:
-- EnVision Solutions LLC is combining IBM Lotus Foundations Reach with
its current suite of applications to deliver an enhanced collaboration
package of solutions for the SMB market.
-- NEC is creating a version of its UNIVERGE Sphericall communications
software that can be downloaded to Foundations to create a complete UC
and business collaboration solution specifically designed for SMBs and
branch offices.
-- NextiraOne Mexico will extend Lotus Foundations Reach with its IP
telephony technology to deliver a complete communications and
collaboration offering to help growing businesses.
-- ShoreTel is incorporating its IP telephony platform with IBM Lotus
Foundations Reach to provide a complete unified communications and
collaboration solution designed specifically for SMBs.
-- Speech Design is combining its Fixed Mobile Convergence (FMC) solution
with Lotus Foundations Reach to create a Mobile Unified Communications
appliance, which offers telephony and presence, FMC, messaging, IM as
well as audio and Web conferencing in a single solution for SMBs.
Challenging Microsoft with a Growing Partner Ecosystem
More than 1,000 Microsoft partners have turned to IBM to take advantage of Lotus Foundations' innovative design and open technology base. IBM's expansive unified communications and collaboration portfolio continues to attract partners looking for affordability, flexibility and ease of use. Each of these new business partners represents an opportunity for IBM to expand its reach into partner ecosystems, broadening the Lotus Foundations partner family.
IBM Lotus Foundations Reach will be available for purchase next month. For more information on the Lotus Foundations portfolio, visit: http://www.ibm.com/lotus/foundations.
Contact:
Meredith Hannon
IBM Media Relations
512-740-3285
merhannon@us.ibm.com
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IBM
CONTACT: Meredith Hannon, IBM Media Relations, +1-512-740-3285, merhannon@us.ibm.com
Web Site: http://www.ibm.com/lotus/foundations
Shorter Pre-Roll Plus Lower 1/3 Tops Among Best Ad Units for Short-Form Online Video, According to New MTV Networks Study'Project Inform' Identifies Most Effective, Audience-Friendly Ad Products for Short-Form Online Video
NEW YORK, July 15 /PRNewswire/ -- A five-second pre-roll combined with a ten-second lower 1/3 ad unit takes top prize as both the most effective and the most audience-friendly ad product for short-form online video, according to "Project Inform," a new study unveiled today by MTV Networks. The first large-scale study to survey real consumers through millions of short-form online video streams, "Project Inform" uniquely measured both the effectiveness and likeability of various ad formats across a range of audience, content and advertiser categories.
"Short-form online video consumption is exploding, but there's still a lot of confusion among marketers over which ad formats deliver for brands without compromising the user experience," said Nada Stirratt, Executive Vice President of Digital Advertising, MTV Networks. "By exploring the viability of new ad products around short-form online video, Project Inform provides the type of insights crucial to creating the innovative, custom solutions that this marketplace needs."
In 2008, MTV Networks began gathering insights on various existing and new video ad formats. Two ad product packages rose to the top and these , in addition to a 30-second pre-roll, were the subject of the Project Inform study launched in January 2009 . The packages tested included:
-- The Lower 1/3 Product Suite: A 5-second pre-roll video coupled with an
animated 10-second lower 1/3 ad overlay. The lower 1/3 is a
semi-transparent flash unit that launches from the bottom third of the
video screen approximately 10 seconds after video content begins.
-- The Sideloader Product Suite: A 5-second pre-roll coupled with a
10-second animated side-loader. The side-loader is a custom unit that
slides out of the right-hand side of the video screen approximately 10
seconds after playback video content begins
-- 30-Second Pre-Roll: A 30-second traditional video ad unit.
Partnering with three blue-chip advertisers in key categories, MTV Networks ran in-depth tests in more than 50 million short-form video streams across MTV.com, ComedyCentral.com, VH1.com, NickJr.com and CMT.com. Specifically, Project Inform sought to understand the relative effectiveness of these ad products in brand lift, as measured by industry standard metrics like unaided awareness, aided awareness and purchase intent. Additionally, the project sought to identify the consumer likeability of each ad product.
While each product showed promise in certain areas, several clear findings emerged:
-- The Lower 1/3 Product Suite was the most effective ad product across
all advertiser categories. Remarkably, consumers also ranked the
Lower 1/3 experience to be the most likeable of the ad experiences.
-- The 30-second pre-roll finished second, performing well in overall
effectiveness and likeability and demonstrating ongoing consumer
acceptance of pre-rolls even for short-form content.
-- While the Sideloader Product Suite ranked third for the test in many
metrics, it showed promise in certain areas, such as online ad
awareness. Consumers specifically liked some the interactivity and
movement of the unit.
Project Inform was conducted in partnership with InsightExpress. The ads were developed and deployed using the Panache video ad platform, upon which MTVN has built a wide range of interactive video advertising units deployed across its online portfolio.
About MTV Networks
MTV Networks, a division of Viacom , is one of the world's leading creators of entertainment content, with brands that engage and connect diverse audiences across television, online, mobile, games, virtual worlds and consumer products. The company's portfolio spans more than 150 television channels and 400 digital media properties worldwide, and includes MTV, VH1, CMT, Logo, Harmonix, Nickelodeon, Nick at Nite, Noggin, The N, AddictingGames, Neopets, COMEDY CENTRAL, Spike TV, TV Land, Atom, GameTrailers and Xfire.
About InsightExpress
InsightExpress is a leading provider of high-quality, digital marketing research and plays a preeminent role in the measurement of advertising effectiveness across online, mobile and other media. Through its patented technologies, proprietary solutions, world-class expertise and time-tested research principles, InsightExpress transforms the way advertisers, agencies, publishers and researchers optimize their marketing activities. InsightExpress is headquartered in Stamford, CT, with offices in San Francisco, New York, and Los Angeles. For more information, visit http://www.insightexpress.com/ or call 203-406-3233.
About Panache
Panache helps major media and entertainment companies increase revenues as they expand their video business to the Internet. Panache's ad-insertion platform, products and professional services support all areas of a video publisher's inside ad sales: unique as well as standard ad formats and direct sales tools; workflow facilitation and ad fulfillment; and precise, visually based real-time ad efficacy reporting for publishers, their agencies and advertisers.
Founded in 2006, Panache is a privately held company headquartered in Los Angeles.
MTV Networks
CONTACT: MTV Networks: Neena Kadian, +1-212-846-8394, Neena.Kadian@mtvstaff.com
Web Site: http://www.mtv.com/
Beijing West Heavy Industries Selects IBM As Strategic Business Advisor
IBM and Beijing West Heavy Industries Co. Ltd (Beijing West) have signed an agreement to help Beijing West develop its business strategy following its acquisition of the global suspension and brakes business of Delphi Corp, one of the world's largest automotive parts manufacturers.
(LOGO: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
To help Beijing West drive revenue growth and maximize cost effectiveness, IBM will set the vision and mission for the company. It will also establish a strategy for the company's development for the next three to five years based on the analysis of the development and market trends of the automotive parts industry in China and worldwide.
IBM will focus on maximizing Beijing West's operational efficiency as a strong operations team can help ensure the successful execution of the company's strategy. IBM Global Business Services (GBS) consultants will also provide insights on the company's organization and structure, and also help set the marketing and business development plans based on its resources and capabilities.
"We are pleased to work with IBM as our trusted partner to lay the foundation for our company's future," said Dongsheng Feng, Director, Corporate Affairs, Beijing West. "IBM has a proven track record of supporting clients in the translation of innovative and core competencies into real business value by formulating strategies, managing change, and steering transformation."
"Developing a sound business strategy and clear mission statement will be critical to helping Beijing West lay the foundation for future growth and success," said Marc Chapman, General Manager, IBM Global Business Services, Greater China Group. "IBM's expertise and experience helping the automotive industry worldwide will help Beijing West develop smarter initiatives and can serve as a catalyst for other companies with aggressive plans for growth."
The move by Beijing West will help place the company in a strong position to capture the growing market in China. With sale of 873,000 passenger cars in June of this year, local passenger car sales grew 47.7 percent compared to 2008, driven by the Chinese government's stimulus measures which boosted consumption. Overall vehicle sales, including trucks and buses, rose 36.5 percent in June from a year earlier to 1.14 million units.
The agreement was signed in June 2009.
About Beijing West Heavy Industries
Beijing West was established in March this year with investment from Shougang Group (Capital Steel), the Tempo Group and Beijing Fangshan State-owned Assets
Management Company. Beijing West's acquisition deal with Delphi Group, worth US$100 million, was approved in June 2009, and the transaction is expected to be completed in November 2009.
About IBM
For more information about IBM, visit http://www.ibm.com/
Media Contact
Qian Fang, Susan Harriet Ip Randy Zane
Communications, IBM China IBM Communications, IBM Media Relations
+ 8610 65391188-4963, Growth Markets Unit 917-472-3589
qianfang@cn.ibm.com +65 6418-1521 rzane@us.ibm.com
harrieti@sg.ibm.com
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IBM
CONTACT: Qian Fang, Susan, Communications, IBM China,, + 8610-65391188-4963, qianfang@cn.ibm.com, Harriet Ip, IBM Communications, Growth Markets Unit, +65-6418-1521, harrieti@sg.ibm.com, or Randy Zane, IBM Media Relations, +1-917-472-3589, rzane@us.ibm.com
Web Site: http://www.ibm.com/
Optimum Voice Receives Top Honors From J.D. Power and Associates in Business Phone ServiceNational Study Recognizes Cablevision for Highest Customer Satisfaction Among Small/Midsize Business Telephone and Business Data Service Providers
BETHPAGE, N.Y., July 15 /PRNewswire-FirstCall/ -- Cablevision Systems Corp. today announced that its Optimum Voice phone service ranked highest for customer satisfaction in the J.D. Power and Associates 2009 Major Provider Business Telecommunications Voice Services Study(SM) for home-based businesses and small/midsized businesses. Optimum Voice's overall rating for local telephony voice service led all providers, including traditional telephone companies. The study, which ranked service providers based on business customer satisfaction with local telephone voice services, focused on a range of key product and buying experience attributes including: performance and reliability; sales representatives/account executives; billing; cost of service; offerings and promotions; and customer service.
The study, released by J.D. Power and Associates earlier today, found that Optimum Voice received the highest customer satisfaction among small/midsized business telephone service providers. Optimum Voice scored 701 for small/midsized business customer satisfaction, 61 points higher than the major provider segment average, and performed particularly well across all six factors driving satisfaction. Among home-based businesses, Optimum Voice ranked highest with a score of 680, 41 points higher than the major provider segment average of 639, with notably high marks in cost of service; offerings and promotions; billing; and customer service.
"Cablevision is honored to be recognized by J.D. Power and Associates as the nation's top-ranked telephone provider for home-based and small and medium-sized businesses," said Joseph Varello, Cablevision's vice president of small and medium business services. "This is a key recognition for cable voice generally and specifically for a service that delivers quality, reliability, and predictable pricing to a growing number of business customers across our market, at an unbeatable value. The top rankings this year from J.D. Power and Associates for both Optimum Online and Optimum Voice demonstrate that our business customers are truly receiving superior phone and Internet services that allow them to focus on what's most important -- building their business."
Designed for small and medium or home-based sized business that require high-speed Internet and voice communications, Optimum Business provides bottom line benefits like predictable flat rate pricing and highly reliable voice and data services. Optimum Business offers small and medium-sized businesses the option to select up to 24 lines of Optimum Voice. Each Optimum Voice line features low flat-rate pricing, unlimited local and long-distance calling within the U.S., Puerto Rico and Canada with no hidden fees or taxes and 14 business calling features at no additional charge, such as Enhanced Voice Mail, Find Me, Rollover Hunting and Three-Way Calling.
The 2009 Major Provider Business Telecommunications Study is based on responses from 3,304 business customers with telecommunications voice services at home-based, small/midsize and large enterprise businesses in the United States and includes evaluation of their data service providers. The study was fielded in January and April 2009.
Today's recognition marks the third consecutive year Optimum Voice received top honors from J.D. Power and Associates, and the first time for business services. Optimum Voice was previously ranked "Highest in Customer Satisfaction Among Residential Phone Service in the East Region" in the J.D. Power and Associates 2008 Residential Regional Telephone Customer Satisfaction Study(SM)*. In the 2007 J.D. Power and Associates' study**, Optimum Voice received the highest ranking in residential telephone customer satisfaction in the Mid-Atlantic region. Optimum Voice has also received the top ranking of any service provider for the fourth year in a row in 2008 in PC Magazine's Annual Readers' Survey for reliability and overall in the VoIP category. In the same 2008 survey, Optimum Voice received top marks for sound quality.
Earlier this summer, Optimum Online high-speed Internet service received top honors in the J.D. Power and Associates 2009 Major Provider Business Telecommunications Data Services Study(SM)*** for home-based businesses and small/midsized businesses.
Key benefits of Optimum Voice for Business include:
-- Predictable Pricing/No Surprises -- With Optimum Business, there are
no hidden fees or taxes and without a contract there are no
termination fees.
-- Seamless Transition -- Making the move to Optimum Business has never
been easier with professional installation and connection to existing
business phone systems.
-- Manage Your Experience -- Businesses can securely manage all features,
call details and voice mail, in the matter of minutes, from the
Optimum Voice Business portal available on the Web.
-- 24/7 Customer Service: Optimum Business customer service is local 24/7
customer support and dedicated technical support.
-- Significant Savings over Phone Company: Optimum Voice and Optimum
Online are just $29.95 per month each for one year when combined.
The full J.D. Power and Associates' press release and survey results are available at: http://www.jdpower.com/corporate/news/releases/pressrelease.aspx?ID=2009125.
To learn more about Optimum Business, including features, benefits and more, please visit http://www.optimumbusiness.com/.
*Cablevision's Optimum Voice received the highest numerical score among telephone service providers in the Eastern Region in the proprietary J.D. Power and Associates 2008 Residential Regional Telephone Customer Satisfaction Study(SM). Study based on 13,693 total responses from consumers measuring 8 providers in the Eastern Region (CT, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VT, VA, DC, WV) and measures satisfaction of consumers who received their local and long distance service from one provider. Proprietary study results are based on experiences and perceptions of consumers surveyed in July 2008. Your experiences may vary. Visit jdpower.com
**Cablevision's Optimum Voice received the highest numerical score among telephone service providers in the Mid-Atlantic Region in the proprietary J.D. Power and Associates 2007 Residential Regional Telephone Customer Satisfaction Study(SM). Study based on 11,911 total responses from consumers measuring 6 providers in the Mid-Atlantic region (DE, MD, NJ, PA, VA, WV) and measures satisfaction of consumers who received their local and long distance service from one provider. Proprietary study results are based on experiences and perceptions of consumers surveyed between April-May 2007. Your experiences may vary. Visit jdpower.com.
*** Cablevision received the highest numerical score for small/midsize business service providers in the syndicated J.D. Power and Associates 2009 Major Provider Business Telecommunications Data and Voice Services Studies(SM). Data study based on 4,252 total responses and voice study on 3,304 total responses; measures opinions of small/midsize businesses (2-499 employees). Proprietary study results are based on experiences and perceptions of businesses surveyed January and April 2009. Your experiences may vary. Visit jdpower.com.
About Cablevision
Cablevision Systems Corporation is one of the nation's leading media and entertainment companies. Its cable television operations serve more than 3 million households in the New York metropolitan area. The company's advanced telecommunications offerings include its iO TV digital television, Optimum Online high-speed Internet, Optimum Voice digital voice-over-cable, and its Optimum Lightpath integrated business communications services. Cablevision operates several successful programming businesses, including AMC, IFC, Sundance Channel and WE tv, through Rainbow Media Holdings LLC, and serves the New York area as publisher of Newsday and other niche publications through Newsday Media Group. In addition to these businesses, Cablevision owns Madison Square Garden and its sports teams, the New York Knicks, Rangers and Liberty. The company also operates New York's famed Radio City Music Hall, the Beacon Theatre, and the Chicago Theatre, and owns and operates Clearview Cinemas.
Cablevision Systems Corporation
CONTACT: Charlstie Laytin, +1-516-803-2357, claytin@cablevision.com
Web Site: http://www.optimumbusiness.com/
MSA Schedules Second Quarter Earnings Webcast
PITTSBURGH, July 15 /PRNewswire-FirstCall/ -- MSA , the global leader in the development, manufacture and supply of products that protect people's health and safety, announced today that it will broadcast a second quarter 2009 earnings conference call live via the Internet on Tuesday, July 28, 2009 at 10:00 a.m. Eastern Time. The call will last approximately 45 minutes.
Investors and interested parties will have the opportunity to listen to the conference call live at http://www.msanet.com/. Please log onto MSA's Web site 15 minutes prior to the start of the call to register. It may be necessary to download audio software to hear the conference call. To do so, investors should click on the Earnings Conference Call link on MSA's Web site and follow directions from there. A replay of the conference will be available on MSA's Web site for 30 days.
A press release outlining MSA's second quarter financial results for 2009 will be distributed on July 28, 2009 before the market opens.
Established in 1914, MSA is a global leader in the development, manufacture and supply of safety products that protect people's health and safety. Many MSA products typically integrate any combination of electronics, mechanical systems and advanced materials to protect users against hazardous or life-threatening situations. The company's comprehensive line of products is used by workers around the world in the fire service, oil, gas and petrochemical industry, homeland security, construction, mining and other industries, as well as the military. Principal products include self-contained breathing apparatus, gas masks, gas detection instruments, head protection, ballistic body armor, fall protection devices and thermal imaging cameras. The company also provides a broad range of consumer and contractor safety products through retail channels. These products are marketed and sold under the MSA Safety Works brand. MSA has annual sales of approximately $1 billion, manufacturing operations in the United States, Europe, Asia and Latin America, and more than 40 international locations. Additional information is available on the company's Web site at http://www.msanet.com/.
MSA
CONTACT: Mark Deasy of MSA, +1-412-967-3357
Web Site: http://www.msanet.com/
FTC Red Flags Rules on ID Theft, Now Imminent, Have Broader Application Than Many RealizeFailure to comply may increase firms' exposure to negligence claims
PHILADELPHIA, July 15 /PRNewswire-FirstCall/ -- With the August 1 deadline looming for compliance with the Federal Trade Commission's (FTC) Red Flags rules to prevent identity theft, Beazley, a leading insurer of data privacy and network security risks, has identified a widespread lack of awareness of the scope of the regulation.
Under the Red Flags rules, financial institutions and creditors must develop a written identity theft prevention program that identifies and helps to detect the relevant warning signs - or "red flags" - of identity theft.
"We are finding that a fair number of companies seeking insurance for cyber risks don't recognize that they are subject to the Red Flags rules," said Nicholas Economidis, an underwriter on Beazley's Technology, Media & Business Services team. "Many businesses are unaware of the rules or don't realize that they extend to include automobile dealers, healthcare providers, and just about any other entity that defers payment for goods or services."
"There's a lot at stake. Failure to comply may subject a company to civil monetary penalties of up to $3,500 per violation," said Mr. Economidis. "Furthermore, a failure to comply will increase a company's exposure to negligence claims."
To help raise awareness, Mr. Economidis will participate in a webinar on the FTC Red Flags rules hosted by the National Retail and Restaurant Defense Association on Thursday, July 16 at 1:00 p.m. EDT. The webinar will also feature Theodore Kobus, chair of the Technology, Media & Intellectual Property Practice Group at defense attorneys Marshall, Dennehey, Warner, Coleman & Goggin, P.C.
Beazley recently retained ePlace Solutions, Inc., a specialist provider of online risk management services, to provide Beazley insureds with access to an information security risk management portal that can help them comply with the FTC Red Flags rules and other government privacy regulations, as well as private industry data security standards.
Note to editors:
Beazley plc (BEZ.L), is the parent company of global, specialist insurance businesses with operations in the UK, US, France, Germany, Ireland, Singapore, Hong Kong and Australia. Beazley manages four Lloyd's syndicates: Syndicate 2623 and Syndicate 623 underwrite a broad range of insurance and reinsurance business worldwide; Syndicate 3623 focuses on accident and health business; and 3622 is a dedicated life syndicate. In 2008, Beazley underwrote gross premiums of 875.7 million pounds Sterling. All Lloyd's syndicates are rated A by A.M. Best.
In the US, Beazley's underwriters focus on writing specialist insurance products in the admitted market, backed by Beazley Insurance Company, Inc., an admitted carrier in all 50 states; and surplus lines risks, backed by the Beazley syndicates at Lloyd's. Beazley Insurance Company, Inc. is rated A by A.M. Best.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.
For more information please go to: http://www.beazley.com/
Beazley Group
CONTACT: Nick Economidis of Beazley Group, +1-215-446-8462
GVI Security Solutions Wins New School Video Surveillance Project
CARROLLTON, Texas, July 15 /PRNewswire-FirstCall/ -- GVI Security Solutions, Inc. (BULLETIN BOARD: GVSS) , a leading provider of video security surveillance solutions featuring the complete Samsung Electronics line of products, announced that their Samsung Electronics cameras equipped with GVI lenses have been selected for a video surveillance project by a suburban Texas Independent School District (ISD) with over 30,000 students attending classes in over 30 schools.
"GVI Samsung cameras are an increasingly popular choice in school security and this is the second order from an ISD in Texas we've recently announced as schools begin to put in place additional security measures for the upcoming school year," said Joseph Restivo, GVI Chief Operating Officer/CFO. "School districts around the country increasingly recognize that our cameras consistently deliver superior performance and outstanding reliability in critical school security applications."
About GVI Security Solutions, Inc.
GVI Security Solutions, Inc. (BULLETIN BOARD: GVSS) is a leading provider of video surveillance and security solutions, with sales and service representation throughout North, Central and South America. The company provides Samsung Electronics and GVI branded products, software and services to the homeland security and commercial markets. Their customers include governments, major retail chains, leading financial institutions and public and private school systems.
Forward-Looking Statements:
Some of the statements made by GVI Security Solutions, Inc. in this press release are forward looking in nature. Forward-looking statements in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may differ materially from those expressed or implied by the statements herein. GVI Security Solutions, Inc. believes that its primary risk factors include, but are not limited to: reliance on primary supplier; concentration of customers; credit limits imposed by primary supplier; effective integration of recently acquired operations and personnel; expansion risks; effective internal processes and systems; the ability to attract and retain high quality employees; changes in the overall economy; rapid change in technology; the number and size of competitors in its markets; outstanding indebtedness; control of the Company by principal stockholders; law and regulatory policy; the mix of products and services offered in the company's target markets; and other factors detailed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended December 31, 2008 currently on file, as well as the risk that projected business opportunities will fail to materialize or will be delayed.
GVI Security Solutions, Inc.
CONTACT: Investor Contact, Leon Hamerling, Investor Media Group, +1-877-725-2500; or Company Contact, Esra Pope, GVI Security Solutions, +1-972-245-7353
Web Site: http://www.gviss.com/
Come Tweet With Whole Foods Market(R) This Week, Help Celebrate 1 Million Followers With Contest and PrizesNatural and Organic Grocer Hosts Contest to Unearth Finest Five-Word Food Philosophies, Awards Millionth Follower
AUSTIN, Texas, July 15 /PRNewswire-FirstCall/ -- Whole Foods Market celebrated its first 1 million Twitter followers by giving away a million ... grains of quinoa, that is. In addition to the mini-mountain of whole grain -- which tips the scale at about five pounds -- the lucky millionth follower also received a $50 Whole Foods Market gift card.
To boost the festivities, Whole Foods Market has challenged its followers to tweet their five-word food philosophies. Ten creative fans will win $50 Whole Foods Market gift cards -plus five pounds of quinoa -- for submitting the best philosophies. The contest wraps up Friday, July 17.
"Can you pronounce those ingredients?" was the first winning micro-philosophy.
Other fun submissions include:
-- "Peanut butter goes with everything."
-- "Just say yes to chocolate."
-- "Good cooks make good friends."
-- "Life is short. Eat well."
Hurry and tweet your five-word philosophy or search "#wholefoods5" on Twitter for all the entries and results!
"We're having a blast interacting with our customers on Twitter," said Bill Tolany, global coordinator of Integrated Media for Whole Foods Market. "It's obvious that we have some incredibly passionate and creative customers, but the contest's not over yet. You still have time to submit your #wholefoods5 philosophy and get your hands on a gift card and a million grains of quinoa!"
When they're not in contest mode, followers tweet Whole Foods Market about virtually everything, from recipe ideas and special diet suggestions to information regarding in-store promotions and specialty items. Some even use Twitter to brush up on the latest industry issues.
While more than 100 Whole Foods Market stores use Twitter to serve local customers, the food-philosophy contest is geared toward followers of Whole Foods Market's primary account.
For updates, be sure to follow @wholefoods on Twitter.
Contact: Liz Burkhart, Whole Foods Market
(512) 542-0682
Liz.Burkhart@wholefoods.com
Whole Foods Market
CONTACT: Liz Burkhart of Whole Foods Market, +1-512-542-0682, Liz.Burkhart@wholefoods.com
Web Site: http://www.wholefoodsmarket.com/
'Web Stress' Identified as Major Cause of Worker Frustration, Stress and Lost Productivity Survey Reveals
DITTON PARK, England, July 15 /PRNewswire/ --
- Work Related Stress Costs EU Businesses EUR20 Billion a Year(1)
CA (NASDAQ: CA), the world's leading independent provider of IT
management software, has released the results of a new independent survey:
The 2009 'CA Web Stress Index'.
The study has revealed that British workers are suffering with
unacceptable levels of 'Web Stress' resulting in frustration, lowered morale
and lost productivity due to under-performing web applications. With
estimates putting the cost of work-related stress in the EU at EUR20 billion
a year(1) and business performance being more critical than ever in today's
economic climate, smart companies are those that are taking 'Web Stress'
seriously.
The 'Web Stress' survey confirmed that web applications play an
increasingly critical part of today's job roles. 63% of workers say they rely
on them more now than two years ago and nearly all respondents (98%) wouldn't
be able to do their job without them. However, 31% say that every day they
have to cope with badly performing applications with an additional 40%
claiming this happens on a weekly basis. Worryingly, 83% say they have no
choice but to use some business applications even when they aren't working
properly, painting a bleak picture of idle employees and wasted time.
"Web applications are centre-stage in most organisations and pretty much
everything we do at work is either reliant upon or influenced by them. They
are business-critical so when they underperform, productivity and morale
suffer and there are immediate consequences for the organisation," said Kobi
Korsah, Director, EMEA Product Marketing, at CA. "With an Application
Performance Management solution* from CA, companies have 24x7, real-time,
end-to-end monitoring of all transactions across their web application
environment. This means potential problems are identified and resolved before
they impact employees, customers and the business. Taking the right
corrective action means that employee 'Web Stress' is kept to a minimum which
in turn supports the bottom line - critical in today's economic climate."
Unmet online expectations result in 'Web Stress'
In today's Internet driven economy, end-user expectations are high - they
expect web applications to be always available and instantly responsive. The
research bore this out - 17% of workers will give an application just 10
seconds to respond before they move on to something else. By 20 seconds, 42%
have run out of patience and by a minute, 70% will have exceeded their 'Web
Stress' threshold and clicked away. When asked about how fast problems or
errors should be fixed, respondents displayed equally high expectations. 11%
said problems should be resolved within 10 minutes. This grew to 48% for
within an hour and to 88% for in a day or less.
The cause of 'Web Stress' is when a web application underperforms and
does not meet user expectations. This has a detrimental impact in the
workplace and stirs up negative emotions. 81% say it results in wasted time
and lost productivity, 60% admit it makes them angry and 47% say it is
reducing their job satisfaction.
The costs to businesses of work-related stress like 'Web Stress' are
widely reported as high staff turnover, sick leave and absenteeism, premature
retirement, reduced work performance, poor time keeping and reduced
productivity.
Alexander Kjerulf, "Chief Happiness Officer of the Happy at Work Project"
commented: "Organisations expect staff to be efficient and productive at
work, but when IT systems fail, employees get stressed and frustrated because
they are prevented from carrying out even basic tasks. As a corporate
speaker, author and consultant on 'happiness at work', I visit many companies
around the globe and the one common issue that stands out is underperforming
IT. Poor Web Applications are a major contributor which in turn results in
employee stress, decreased productivity, absenteeism and high staff turnover.
Individuals are 'happy at work' when they are efficient, capable and
add-value. Increasingly, efficient and stable web applications are an
essential tool without which we can't do our jobs effectively."
Other findings from the survey include:
- 69% report that poor internal IT negatively affects their view of their
employer
- If the IT systems at work are inadequate, 47% won't recommend their
employer to others and 36% would consider leaving
For further information and materials from the survey, please visit
http://www.ca.com/gb/mediaresourcecentre
About CA Wily Application Performance Management solutions
* With more than 1200 customers worldwide, CA Wily is the market-leading
provider of Application Performance Management solutions. The CA Wily APM
solution manages the performance and availability of critical Web
applications and the end user experience. This enables organisations to
measure the business value of each user's online experience, proactively
identify and prioritise problems based on business impact, and triage and
resolve problems across complex and heterogeneous application environments
before they affect users, customers and business. This means better customer
service, more stable revenue streams and higher IT productivity. For further
information on CA Wily APM, visit http://www.ca.com/apm
About the Survey
The 2009 CA Web Stress Index was carried out by an independent survey
company, Redshift Research (http://www.redshiftresearch.com/). 1,000
knowledge workers were surveyed. Knowledge workers are defined as business
professionals who used a PC for more than four hours a day for work. The
survey was carried out in France, Germany, Italy, Spain and UK in May 2009
via an online questionnaire (200 per country).
About Alexander Kjerulf
Alex is the world's leading expert on 'happiness at work'. He has long
known that happiness at work is the most important factor that contributes to
good careers, happy lives and business success. He is a speaker, consultant
and author, presenting and conducting workshops on happiness at work at
businesses and conferences all over the world. His clients especially
appreciate his unlimited energy, his dedication to happiness at work and his
ability to keep his message simple and practical and fun. Alex has a masters
degree in computer science from The University of Southern Denmark, and was a
co-founder of Enterprise Systems.
For more information visit http://www.positivesharing.com
About CA
CA (NASDAQ: CA) is the world's leading independent IT management software
company. With CA's Enterprise IT Management (EITM) vision and expertise,
organizations can more effectively govern, manage and secure IT to optimize
business performance and sustain competitive advantage. For more information,
visit http://www.ca.com.
Contact Details:
Simon Burberry and Jennifer Sneyd
ca@chameleonpr.com
+44(0)20-7680-5500
CA
Contact Details: Simon Burberry and Jennifer Sneyd, ca@chameleonpr.com, +44(0)20-7680-5500
'Web Stress' Amongst UK Consumers Impacts Buying Behaviour Survey Reveals
DITTON PARK, England, July 15 /PRNewswire/ --
- Consumer Choice and Preference to Buy Goods and Services Online Linked
To Quality of Web Experience Offered by Vendors
CA (NASDAQ: CA), the world's leading independent provider of IT
management software, has released the results of a new independent survey:
The 2009 'CA Web Stress Index'.
The study, which explored user levels of stress and frustration when
surfing the web, found that 82% of UK consumers blame either the business
that owns the website or the web hosting company, when an online application
fails. In the current economic climate where customer retention is key to
business survival, it is more important than ever before for organisations to
minimise 'Web Stress' and optimise their customers' web experience.
Since the Internet is very much a part of our lives today, consumers
often conduct online research before making a purchase. Of the 500 adults
surveyed in the UK, 88% reported using the Internet for research while 94%
use it for shopping. This means that even for companies which aren't selling
online, the web experience they offer visitors is key. Consumers visit a
number of websites to find information and research a product or service
before they make a purchase. This presents a golden opportunity for
businesses to deliver a compelling and memorable interaction which will
positively influence buying behaviour. By contrast, a negative online
experience will elevate 'Web Stress' levels causing customers to click away.
Unmet online expectations result in 'Web Stress'
The research also demonstrated that consumers have very high expectations
of the performance of websites they visit. When customers experience a
problem or error online, 16% expect it to be fixed within just ten minutes.
This increases to 58% within an hour and by the 24 hour threshold, 96% would
expect the issue to have been resolved. With only 15% taking the time to
report the problem, it's essential that businesses proactively monitor their
systems so they know as soon as performance issues arise.
"Anything less than a superior online experience results in high levels
of 'Web Stress' resulting in customer dissatisfaction and lost business,"
said Kobi Korsah, Director, EMEA Product Marketing at CA. "In today's
challenging economy, companies need to have Application Performance
Management* tools in place to help them identify and resolve problems with
web applications. By doing so they can help to ensure that consumers have a
positive experience. In turn this will help businesses to attract and retain
customers - critical in the current climate."
Poor web performance means lost business
The impact of not resolving web application problems was highlighted in
the study. It revealed that if consumers encounter problems and can't
complete what they're doing online, 46% will go to an alternative website and
44% will abandon the transaction entirely - that equates to lost business,
damage to companies brand and reputation.
According to the survey findings, people expect websites to be always
available and instantly responsive - 25% will give a website just 10 seconds
to respond before clicking away. By 20 seconds, 57% will have lost patience
and moved on, and by a minute, 88% of people will have exceeded their 'Web
Stress' threshold and moved on to the next website. This means that any delay
in the responsiveness of web applications has an immediate and negative
effect on the business.
Alexander Kjerulf, "Chief Happiness Officer" commented: "Today the
internet is ingrained in almost everything we do - at work, at home and on
the move. When we shop online, for example, we expect a vendor's web site to
be quick and responsive and when it is not, we often click away. As "Chief
Happiness Officer", I meet many individuals from all walks of life and the
one common issue that stands out when they are surfing the net is frustration
with poor web sites. Quite often the cause is an under performing web
application - quite distinct from a broadband connection issue or PC
performance. As a result users are less inclined to visit or recommend the
vendors website because it has failed to deliver a positive experience. For
online vendors, brand loyalty is compromised and a business opportunity lost.
For consumers, the stress associated with a poor web experience means that an
alternative vendor's site is usually identified within a few minutes."
Other findings from the survey include:
- Common causes of 'Web Stress' are slowly loading pages (92%),
error messages (79%) and erratic website performance (64%)
- 59% of consumers have experienced difficulties when conducting
financial transactions online
- 74% of the regular users of social networking sites suffer from
web-related problems
- 94% of respondents use the Internet for shopping, 88% for
research, 87% for banking, 79% for socialising, 70% for travel, 59% for
entertainment, 35% for education and 11% for tax filing.
For further information and materials from the survey, please click
http://www.ca.com/gb/mediaresourcecentre
About CA Wily Application Performance Management solutions
* With more than 1200 customers worldwide, CA Wily is the market-leading
provider of Application Performance Management solutions. The CA Wily APM
solution manages the performance and availability of critical Web
applications and the end user experience. This enables organisations to
measure the business value of each user's online experience, proactively
identify and prioritise problems based on business impact, and triage and
resolve problems across complex and heterogeneous application environments
before they affect users, customers and business. This means better customer
service, more stable revenue streams and higher IT productivity. For further
information on CA Wily APM, visit http://www.ca.com/apm
About the Survey
The 2009 CA Web Stress Index was carried out by an independent survey
company, Redshift Research (http://www.redshiftresearch.com/). 2,500
consumers who had purchased goods online in the last two months were
surveyed. The research was conducted in France, Germany, Italy, Spain and UK
in May 2009 via an online questionnaire (500 per country).
About Alexander Kjerulf
Alex is the world's leading expert on 'happiness at work'. He has long
known that happiness at work is the most important factor that contributes to
good careers, happy lives and business success. He is a speaker, consultant
and author, presenting and conducting workshops on happiness at work at
businesses and conferences all over the world. His clients especially
appreciate his unlimited energy, his dedication to happiness at work and his
ability to keep his message simple, practical and fun. Alex has a masters
degree in computer science from The University of Southern Denmark, and was a
co-founder of Enterprise Systems.
For more information visit http://www.positivesharing.com
About CA
CA (NASDAQ: CA) is the world's leading independent IT management software
company. With CA's Enterprise IT Management (EITM) vision and expertise,
organizations can more effectively govern, manage and secure IT to optimize
business performance and sustain competitive advantage. For more information,
visit http://www.ca.com.
Contact: Simon Burberry and Jennifer Sneyd, ca@chameleonpr.com /
+44-207680-5500
CA
Contact: Simon Burberry and Jennifer Sneyd, ca@chameleonpr.com / +44-207680-5500
Majesco Entertainment, cdv Software Entertainment AG, Devolver Digital and Croteam Announce Serious Tweet Contest for Upcoming 'Serious Sam HD' Xbox Live Arcade and PC ReleaseUser Generated Content Amounts to Snappy Zingers and Pithy One-Liners
ZAGREB, Croatia, July 15 /PRNewswire-FirstCall/ -- Hordes of Serious Sam fans and would-be video game writers around the world can now have a hand in Serious Sam HD on Xbox LIVE Arcade for the Xbox 360 video game and entertainment system from Microsoft and PC. Brought to the masses by Croteam, Devolver Digital, cdv Software Entertainment AG, and Majesco Entertainment, an innovative provider of video games for the mass market, the Serious Tweet Contest gives gamers a chance to write their very own clever one-liner or hilarious wisecrack that Sam 'Serious' Stone will drop right in the middle of all the frantic, non-stop shooting action in Serious Sam HD. The lucky winner will have his or her line recorded by John J. Dick, the voice of Serious Sam, and integrated into the upcoming summer release for the entire world to hear.
"We have always admired the love and support fans have shown Croteam and the Serious Sam franchise," said a shy, unassuming spokesperson for Devolver Digital. "This is a fantastic way to get gamers involved in Serious Sam HD and give our fans a chance to contribute to the game itself."
So how does a budding video game writer enter a finely crafted line for a chance to hear it in Serious Sam HD? Gamers can log on to Twitter and send a brilliant tweet quip to @devolverdigital between July 15 and July 30. Croteam will choose the winning line and Devolver Digital will announce it to all followers of http://www.twitter.com/devolverdigital and http://www.twitter.com/majesco in early August.
"I never get any thanks for the wonderfully poetic and emotionally layered lines I write for Sam 'Serious' Stone," said an overworked and underpaid writer at Croteam "So guess what? Let someone else take a crack at it and see how hard it is. These witty remarks don't write themselves you know."
In addition to having the winning line appear in Serious Sam HD, the winner's name will be immortalized in the credits of the game and forever become a part of Serious Sam lore.
Developed by Croteam, the creators of the Serious Sam franchise, and produced in partnership with Devolver Digital, Serious Sam: The First Encounter is re-tooled and re-vamped in glorious High Definition with the all-new Serious Engine 3. It is scheduled for release late summer on Xbox LIVE Arcade from Majesco Entertainment and PC from cdv Software Entertainment AG.
About Croteam
Croteam are the creative force behind the massively successful Serious Sam series, which is recognized across the globe for its all-action and entertaining game design and its powerful Serious Engine technology. Founded in Zagreb, Croatia in 1993, Croteam has grown to become one of the most successful and respected developers in Eastern Europe. More information about Croteam can be found online at http://www.croteam.com/.
About Devolver Digital
Devolver Digital is a small, laser-focused production and publishing company based in Austin, Texas, (also with one very lonely desperado in London) from an unnamed group of industry veterans/outlaw refugees. The company aims to take large wads of fun created by great game developers worldwide, and help create large wads of cash from it by getting it into the hands of rich, entertainment-starved gamers around the world, wherever they happen to be hanging out, and for whatever currency is handy. @DevolverDigital is on twitter at http://www.twitter.com/devolverdigital.
About Majesco Entertainment Company
Majesco Entertainment Company is a provider of video games for the mass market. Building on 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on leading console and portable systems. Product highlights include Cooking Mama(TM) and Cake Mania 2 for Nintendo DS(TM), and Cooking Mama World Kitchen and Jillian Michaels' Fitness Ultimatum 2009 for Wii(TM). The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More information about Majesco can be found online at http://www.majescoentertainment.com/. @Majesco is on twitter at http://www.twitter.com/majesco.
About cdv Software Entertainment AG
cdv Software Entertainment Ltd is a wholly owned subsidiary of cdv Software Entertainment AG. cdv Software Entertainment AG is the only publicly traded, independent full service provider for the games sector in Germany. Together with its subsidiaries cdv Software Entertainment USA, cdv POS GmbH, Gamesmania, seven_m, and cdv Madrics Media S.A.S, cdv has outstanding contacts within all key markets and decades of expertise. As a leading sales and service partner for the entire games and software industry, cdv is excellently positioned on the global market thanks to branches focused on Germany, Switzerland and Austria (GSA), North America, France, the Benelux, Hungary, the Czech Republic and Slovakia as well as noted international partners. Alongside its strong product placement and international distribution logistics, cdv offers its customers a wide range of sales-promoting methods and an extensive, professional marketing and promotion service from a single source. The company, which was founded in 1989 and is headquartered in Frankfurt, Germany, has been on a steady growth course since its 2007 consolidation and is aiming in the medium term for a strong market position as one of the globally leading full service providers in the games sector. More information is available at http://www.cdv.de/.
Safe Harbor
Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. The Company's actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the demand for our products; our ability to complete and release our products in a timely fashion; competitive factors in the businesses in which we compete; continued consumer acceptance of our products and the gaming platforms on which our products operate; fulfillment of orders preliminarily made by customers; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity. The Company does not undertake, and specifically disclaims any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
Majesco Entertainment Company
CONTACT: Marisa Gross, Bender/Helper Impact, +1-212-689-6360, Marisa_gross@bhimpact.com
Web Site: http://www.majescoentertainment.com/
CTG Named to Healthcare Informatics Annual Ranking of the Top 100 Healthcare IT Providers
BUFFALO, N.Y., July 15 /PRNewswire-FirstCall/ -- CTG , an international information technology (IT) solutions and services company, announced today that it was named by Healthcare Informatics to its annual ranking of the 100 largest healthcare IT providers, the Healthcare Informatics 100 (HCI 100). CTG was named to the HCI 100 list based on its 2008 revenue for the healthcare provider market. In addition to other large healthcare IT consulting firms, the list includes the leading hospital information systems companies and other healthcare-related software firms. The HCI 100 list appears in the June 2009 issue of Healthcare Informatics, a leading CIO-level publication published by the Vendome Group, that specializes in issues of system selection, project management, enterprise integration, change management, and budgeting for healthcare organizations.
"CTG is pleased to again be recognized by Healthcare Informatics as one of the 100 largest suppliers of healthcare IT to the provider market," said James R. Boldt, CTG Chairman and Chief Executive Officer. "In total, our healthcare business represents over 25% of CTG's revenue and remains the major focus of our growth efforts. We are moving forward with our strategy to expand our strong healthcare IT business by building our portfolio of breakthrough solutions targeted to the healthcare market and by leveraging our significant electronic medical records experience."
Thomas Niehaus, President of CTG HealthCare Solutions (CTGHS), added, "CTG continues to be recognized as an industry leader in the consulting category, with HCI ranking us eighth in consulting revenues to the provider market. We are also well known for the strength of our expertise and client service as evidenced by the consistently high ratings CTGHS receives from KLAS, the leading independent organization evaluating healthcare IT providers."
CTG supports the healthcare provider market through its business unit, CTG HealthCare Solutions (CTGHS), which provides clinical, financial, and operational IT and business solutions to healthcare institutions, physician practices, and related organizations. Additionally, CTG serves the healthcare payer and the life sciences market through separate practices within its healthcare business. Collectively, these businesses contributed approximately 26% to CTG's total 2008 revenue of $353.2 million.
Healthcare Informatics compiled the HCI 100 list based on 2008 healthcare IT revenue from companies supporting the technology needs of healthcare organizations. For more information about the HCI 100 and to access the June 2009 issue of Healthcare Informatics, visit http://www.healthcare-informatics.com/.
CTG HealthCare Solutions is a leading information technology consulting firm dedicated solely to helping healthcare institutions, physician practices, and related organizations achieve clinical and financial goals through effective technology and business solutions. More information about CTGHS is available on the Web at http://www.ctghs.com/.
Backed by over 40 years' experience, CTG provides IT solutions and services to help our clients use technology as a competitive advantage to excel in their markets. CTG combines in-depth understanding of our clients' businesses with a full range of integrated offerings, best practices, and proprietary methodologies supported by an ISO 9001:2000-certified management system. Our IT professionals based in an international network of offices in North America and Europe have a proven track record of delivering high-value, industry-specific solutions. CTG serves companies in several industries and is a leading provider of IT and business consulting solutions to the healthcare market. CTG posts news and other important information on the Web at http://www.ctg.com/.
Safe Harbor Statement
The above-referenced presentation will contain certain forward-looking statements concerning the Company's current expectations as to future growth. These statements are based upon a review of industry reports, current business conditions in the areas where the Company does business, the availability of qualified professional staff, the demand for the Company's services, and other factors that involve risk and uncertainty. As such, actual results may differ materially in response to a change in such factors. Such forward-looking statements should be read in conjunction with the Company's disclosures set forth in the Company's 2008 Form 10-K, which is incorporated by reference. The Company assumes no obligation to update the forward-looking information contained in this release.
Today's news release, along with CTG news releases for the past year, is available on the Web at http://www.ctg.com/.
CTGX-G
CONTACTS:
CTG Healthcare Solutions:
N. Clair Detraz, Vice President, Strategic Planning & Marketing, CTGHS
(513) 564-0909
clair.detraz@ctghs.com
CTG:
Richard Dye, Director of Marketing Communications
(716) 887-7306
richard.dye@ctg.com
CTG
CONTACT: N. Clair Detraz, Vice President, Strategic Planning & Marketing, CTGHS, +1-513-564-0909, clair.detraz@ctghs.com or Richard Dye, Director of Marketing Communications of CTG, +1-716-887-7306, richard.dye@ctg.com
Web Site: http://www.ctg.com/
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