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Companies news of 2009-07-24 (page 1)

  • FARO Invites You to Join Its Second Quarter 2009 Conference Call on the Web
  • Glass Lewis Recommends Tollgrade Shareholders Vote the White Proxy Card in Support of All...
  • Survey of Women Bloggers: Can We Talk?
  • AT&T Government Solutions Wins $80 Million Award From Social Security AdministrationAgency...
  • Les Nuits du Festival Siemens 2009: Diffusion en direct sur le Web depuis Bayreuth et...
  • Nokia to Acquire Cellity
  • STMicroelectronics Unveils Latest Advances in Design Methodologies at DAC 2009DAC 2009 -...
  • BullMarket.com Reviews Tech Earnings: Apple, Omniture, Google, Microsoft, & Yahoo
  • JAG Media Holdings, Inc. Announces a Further Update of the Status of Its Acquisition of...
  • General Dynamics to Webcast Second-Quarter 2009 Financial Results Conference Call
  • Cardium Completes Sale of InnerCool Therapies Business to Royal Philips Electronics
  • Neusoft Medical's Latest Innovation, NeuViz 16 CT Scanner, Approved by FDA for the U.S....
  • Synopsys Introduces Galaxy Constraint Analyzer to Improve Designer ProductivitySpeeds...
  • AT&T Turns Up the Volume on Cell Phone Recycling and Extends Commitment to Environmental...
  • Motorola Opens Doors for Accelerated Development on AndroidMOTODEV Enables Application...
  • Digital Utilities Ventures to Partner with Gapsoft As Gateway To Asian Hotel MarketGoal is...
  • PROXY Governance, Inc. Recommends That Tollgrade Shareholders Withhold Votes From Ramius...
  • Siemens Festival Nights 2009: Live Worldwide Webcasts From Bayreuth and Salzburg
  • Salesforce.com's Service Cloud Receives 2009 Innovation Award From Network Products...
  • Moog's Third Quarter Earnings Exceed Expectations
  • Verizon Communications to Report Earnings on July 27
  • AsiaInfo to Develop Device Management Platform for China Unicom
  • Wabtec Reports 2Q EPS of 64 Cents, Cash from Operations of $44 Million and Updates...
  • Siemens Festival Nights 2009: Live Worldwide Webcasts From Bayreuth and Salzburg
  • Digital Ally, Inc. to Host Second Quarter Conference Call on July 30, 2009
  • Extreme Networks Names Telecom Industry Veteran Vish Nandlall to Role of Chief Technology...
  • Verizon Wireless Reports Solid 2Q 2009 Growth of 1.1 Million New Customers
  • SourceForge Announces Winners of Fourth Annual Community Choice AwardsRecord number of...
  • Get Your Zen On at the MicroSpa at BlogHerMicrosoft Office MicroSpa outfitted with plush...



    FARO Invites You to Join Its Second Quarter 2009 Conference Call on the Web

    LAKE MARY, Fla., July 24 /PRNewswire-FirstCall/ -- FARO Technologies, Inc. announced that after the market closes on July 29, 2009, it will release its financial results for the second quarter ended July 4, 2009. In conjunction with FARO's Second Quarter earnings release, you are invited to listen to its conference call that will be broadcast live over the Internet on July 30, 2009, at 11:00 a.m. ET with the Company's President and CEO, Jay Freeland, and CFO, Keith Bair.

    What: FARO Technologies Second Quarter 2009 Earnings Release Conference Call

    When: Thursday, July 30, 2009 at 11:00 a.m. ET How: http://www.faro.com/CCQ2-099

    Dial-in Numbers are 800-895-1085 (domestic) or 785-424-1055 (international). Conference ID: FARO

    Alternately, one may access the call via FARO's web site http://www.faro.com/, then click "Investor Relations", "Conference Calls", then click the relevant date.

    If you are unable to participate during the live web cast, the call will be archived on http://www.faro.com/. Conference Call Replay is also available until October 30, 2009, by calling 800-695-1624 (domestic) or 402-530-9026 (international). No code is required.

    FARO Technologies, Inc. designs, develops, and markets portable, computerized measurement devices and software used to create digital models - or to perform evaluation and analysis against an existing model - for anything requiring highly detailed 3-D measurements, including part and assembly inspection, factory planning and asset documentation, as well as specialized applications ranging from surveying, recreating accident sites and crime scenes to digitally preserving historical sites.

    FARO's technology increases productivity by dramatically reducing the amount of on-site measuring time, and the various industry-specific software packages enable users to process and present their results quickly and more effectively.

    Learn more at http://www.faro.com/

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding FARO Technologies Inc's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

    FARO Technologies

    CONTACT: Keith Bair, Senior Vice President, CFO of FARO Technologies,
    Inc, +1-407-333-9911, keith.bair@faro.com

    Web Site: http://www.faro.com/




    Glass Lewis Recommends Tollgrade Shareholders Vote the White Proxy Card in Support of All Tollgrade Board NomineesREPORT ACKNOWLEDGES THE TOLLGRADE BOARD FOR BEING PROACTIVE IN TRANSFORMING THE COMPANY

    PITTSBURGH, July 24 /PRNewswire-FirstCall/ -- Tollgrade Communications, Inc. today announced that Glass Lewis & Co., a leading independent proxy advisory service, has recommended to its clients that shareholders vote for all of Tollgrade's nominees to its Board of Directors at Tollgrade's Annual Meeting of Shareholders to be held on August 5, 2009. Glass Lewis' clients include institutional investors, mutual funds, pension funds and other fiduciaries.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO )

    In recommending that shareholders vote for all of Tollgrade's director nominees, Glass Lewis recognized the Tollgrade Board for acting proactively over the past two years to reposition the Company, including its completion of a thorough strategic review process and the appointment of new executive leadership. In particular, Glass Lewis took note of Tollgrade's leadership changes that resulted in Joseph A. Ferrara being named Chief Executive Officer and the strategy that Mr. Ferrara spearheaded to refocus Tollgrade's core business by emphasizing its service assurance offerings to the telecom market. The Glass Lewis report noted that Tollgrade's share price has performed well since the appointment of Mr. Ferrara as Chief Executive Officer in 2007 and since the announcement of the Company's strategic review and new business strategy. The Glass Lewis report also noted that, given the actions taken by the Tollgrade Board to transform the Company and position it for long-term growth, future profitability, market leadership and increasing returns for investors, it did not believe that Ramius LLC had demonstrated that the Tollgrade Board required new outside representation.

    Excerpts of Glass Lewis' Proxy Analysis On Ramius' claims that the Tollgrade Board needs additional changes: -- ". . . [W]e do not believe that the dissident has successfully shown that the Board requires new outside representation at this time." On the Tollgrade Board's proactive moves to reposition the Company: -- ". . . [W]e believe that the Tollgrade Board of Directors has acted proactively to help turn around the Company over the past two years. The Board has appointed new executive leadership and conducted a thorough strategic review process which resulted in the existing standalone operating strategy."

    On the Tollgrade Board's appointment of distinguished telecom industry veterans Charles E. Hoffman and Edward H. Kennedy to serve as its newest independent directors:

    -- ". . . [t]he Board will likely benefit from the participation of the Company's nominees given their industry experience." On Tollgrade's stock price performance: -- ". . . [T]hough Tollgrade's share price has declined it would be difficult to conclude that the Company's share price has significantly underperformed." -- "We note that the Company's share price has performed well since the appointment of Mr. Ferrara as CEO in 2007 and since the announcement of the Company's strategic review and new business strategy." -- "Notably, Tollgrade's share price has outperformed its peer indices under the tenure of Mr. Ferrara." -- "Further, from the time of the announcement of the Company's new strategic plan in October 2008 through July 17, 2009, Tollgrade's stock has increased 45.7% while the Company peer index increased just 4.1%."

    "We are very pleased that a well-respected, independent third party such as Glass Lewis has carefully reviewed the voting alternatives and recommends that shareholders vote for all of Tollgrade's director nominees," said Joseph A. Ferrara, Tollgrade's Chairman, Chief Executive Officer and President. "We are also gratified that Glass Lewis recognizes how proactive the Tollgrade Board has been in repositioning and transforming the Company. Given the substantial progress that Tollgrade has been achieving in effecting its transformation, it is unfortunate that Ramius seems steadfastly committed to continuing a distracting, disruptive and costly proxy contest that only serves to interfere with the progress we are making."

    Tollgrade urges all shareholders vote for their Board's highly qualified nominees on the WHITE proxy card TODAY -- by telephone, Internet, or by signing, dating and returning the WHITE proxy card. Shareholders that need assistance in voting their shares or have any questions are urged to call the company's proxy solicitor, The Altman Group, Inc., Toll-Free at (866) 340-6685 or (201) 806-7300.

    Important Information

    In connection with the solicitation of proxies, Tollgrade Communications, Inc. has filed with the SEC and mailed to shareholders on or about June 22, 2009 a definitive proxy statement in connection with its 2009 Annual Meeting of Shareholders. A supplement to this proxy statement was filed with the SEC and mailed to shareholders on or about July 7, 2009 and it amends, supplements and, to the extent inconsistent, supersedes the corresponding information previously sent to the shareholders of Tollgrade. Tollgrade, its directors, nominees for director and certain officers, employees and other persons are deemed to be participants in the solicitation of proxies from shareholders in connection with the 2009 Annual Meeting of Shareholders. Information regarding the interests of such participants is included in the definitive proxy statement, the supplement thereto and other relevant documents filed and to be filed by Tollgrade with the SEC in connection with the proxy solicitation. WE URGE INVESTORS TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT TOLLGRADE WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders will be able to obtain, free of charge, copies of the definitive proxy statement, the supplement thereto and any other documents filed by Tollgrade with the SEC in connection with the proxy solicitation at the SEC's website at http://www.sec.gov/ and Tollgrade's website at http://www.tollgrade.com/.

    About Tollgrade

    Tollgrade Communications, Inc. is a leading provider of network service assurance products and services for centralized test systems around the world. Tollgrade designs, engineers, markets and supports centralized test systems, test access and next generation network assurance technologies. Tollgrade's customers range from the top telecom providers, to numerous independent telecom and broadband providers around the world. Tollgrade's network testing, measurement and monitoring solutions support the infrastructure of telecom companies, as well as for power distribution companies. For more information, visit Tollgrade's web site at http://www.tollgrade.com/.

    Forward-Looking Statements

    The foregoing release contains "forward-looking statements" regarding future events or results within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company cautions readers that such "forward-looking statements" are, in fact, predictions that are subject to risks and uncertainties and that actual events or results may differ materially from those anticipated events or results expressed or implied by such forward-looking statements. The Company disclaims any current intention to update its "forward-looking statements," and the estimates and assumptions within them, at any time or for any reason. Any number of factors that could cause actual events or results to differ materially from those contained in the "forward-looking statements" is included in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") including, but not limited to, the Company's Form 10-K for the year ended December 31, 2008 and any subsequently filed reports. All documents are also available through the SEC's Electronic Data Gathering Analysis and Retrieval system at http://www.sec.gov/ or from the Company's website at http://www.tollgrade.com/.

    Photo: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Tollgrade Communications, Inc.

    CONTACT: Bob Butter, Communications of Tollgrade Communications, Inc.,
    +1-412-820-1347, bbutter@tollgrade.com

    Web Site: http://www.tollgrade.com/




    Survey of Women Bloggers: Can We Talk?

    CHICAGO, July 24 /PRNewswire/ -- A recent Ketchum survey of attendees of BlogHer '09, the largest gathering of female bloggers in North America, confirms that women bloggers are a growing channel of influence for marketing and public relations professionals to target as key influencers -- but only if communications professionals do their homework first.

    Conducted in June 2009 among bloggers registered to attend BlogHer, the largest gathering of women bloggers in North America, the survey revealed that approximately four in 10 have provided information or feedback collected on their blogs to marketers to help them better market to women or mothers. But an even larger percentage (53 percent) said they would consider doing so if asked, revealing an untapped opportunity for marketing and PR professionals to enhance and expand their base of influencers when marketing to women.

    The survey also showed that nearly half of those surveyed say they hear from public relations professionals at least once a week, with another 30 percent being contacted daily. However, despite this frequency of communication, women bloggers indicate that PR and marketing professionals need to do their homework if they want to work more effectively with this audience.

    When respondents were asked what they ask marketers to know before contacting them, several common themes emerged:

    -- Take the time to read their blogs and understand their areas of focus. Many women bloggers said they would like to hear about news and products that better match their specific interests. -- This applies to location, too. A number of respondents said they receive communications about products and events not available in their regions or even their countries. -- Know that they are "more than their blog" -- they have other roles in addition to being a mom or a blogger, say respondents, including jobs outside the home. -- Similarly, don't assume that all women bloggers are "mommy bloggers."

    "Our research at Ketchum shows that women want marketers to understand them, and the female blogger audience is saying the same thing, loud and clear," said Kelley Skoloda, director of Ketchum's Global Brand Marketing Practice and author of the new book Too Busy to Shop: Marketing to "Multi-Minding" Women. "Given that friends and family, offline and online, are the most credible sources of information when making a purchase decision and that many bloggers are now virtual friends with their readers and other bloggers, it behooves marketers to really listen to and respect the influence of female bloggers."

    Marketing Technology to Women

    The survey also examined bloggers' perceptions of how consumer technology products are marketed to women. According to BlogHer attendees, the most common mistake that companies make is to use patronizing language (33 percent), followed closely by employing stereotypes (28 percent). Other missteps included not being clear on product benefits (15 percent), using too much jargon (11 percent) and making products that appeal to men (7 percent).

    "The survey shows that what women want in consumer technology marketing is less about gender than it is about respecting their intelligence and communicating benefits clearly. With women as the primary decision makers for many consumer technology purchases, it is worth the effort to create relevant, targeted messaging that avoids stereotyping," said Chris Ditner, vice president of marketing and innovation for Ketchum's Global Technology Practice.

    About the Survey

    Ketchum and BlogHer collaborated on the survey instrument, which was administered online by BlogHer in late June 2009 and was open to members of the BlogHer community who registered for the 2009 conference. The number of respondents totaled 177, representing 18 percent of the conference's projected 1,000 women bloggers in attendance.

    About BlogHer

    Founded in February 2005 by Elisa Camahort Page, Jory Des Jardins and Lisa Stone, BlogHer's mission is to create opportunities for women who blog to pursue exposure, education, community and economic empowerment. BlogHer is the leading participatory news, entertainment and information network for women online and creates opportunities for its members via a community hub (http://blogher.com/), annual conferences and a publishing network of more than 2,500 qualified, contextually targeted blog affiliates. BlogHer provides the highest quality content on a range of topics, with all blogs continually edited to meet strict editorial standards, including content quality, category relevance and blog frequency. BlogHer enjoys a strategic partnership with iVillage, part of Women@NBCU, which includes other NBC Universal brands including Bravo and Oxygen. BlogHer's investors include Venrock, Peacock Equity, a joint venture between NBC Universal and GE Commercial Finance's Media, and Azure Capital Partners.

    About Ketchum

    A communications innovator, Ketchum ranks among the largest global public relations agencies, operating in more than 50 countries. With five global practices -- Brand Marketing, Corporate, Healthcare, Food & Nutrition, and Technology -- and specialty capabilities that include Access Communications (high- and consumer-tech PR), Concentric Communications (experiential marketing, events and meetings), MMG (clinical trial recruitment), Ketchum Global Research Network, Ketchum Sports and Entertainment, and Stromberg Consulting (change management and workplace communications), Ketchum leverages its marketing and corporate communication expertise to build brands and reputations for clients. In 2009, Advertising Age named Ketchum to its annual "Ones to Watch" Agency A-List, noting the agency's long-standing client partnerships, digital and disruptive media expertise, and CSR and sustainability programming. For more information on Ketchum, a unit of Omnicom Group Inc. , visit http://www.ketchum.com/.

    Ketchum

    CONTACT: Alicia Stetzer, +1-646-935-3910, alicia.stetzer@ketchum.com

    Web Site: http://www.ketchum.com/




    AT&T Government Solutions Wins $80 Million Award From Social Security AdministrationAgency Chooses AT&T Government Solutions as Secondary Data Network Provider

    OAKTON, Va., July 24 /PRNewswire-FirstCall/ -- The AT&T Government Solutions business unit has won an award worth approximately $80 million from the Social Security Administration (SSA). The agency leveraged the $20 billion U.S. General Services Administration Networx Universal contract to make the award.

    SSA provides a wide variety of retirement services via a nationwide, decentralized network of 1,500 offices, card centers, processing centers and other offices, supported by 64,000 employees.

    "The Social Security Administration has a long, successful history of serving the retirement needs of citizens throughout the country," said Don Herring, senior vice president, AT&T Government Solutions. "AT&T will help the agency provide a high-quality citizen service experience through our MPLS infrastructure to accommodate an anticipated influx of new users, including retiring, largely Internet-savvy baby boomers."

    Under the terms of the award, AT&T Government Solutions will serve as the secondary data network service provider for the SSA's Enterprise-Wide Network Infrastructure (SSANet), which provides the critical foundation for all information exchanges with the agency's enterprise network. These network services are vital to all application processing, whether hosted on the agency's mainframes, mid-range processors, LAN servers or intranet servers.

    AT&T Government Solutions has served the voice and data network needs of SSA for several years. AT&T currently provides Multiprotocol Label Switching (MPLS) data network services to support approximately 1,000 SSA locations throughout the United States, including the U.S. Virgin Islands, Hawaii, Puerto Rico, and Alaska.

    AT&T will continue to provide on-site support and MPLS services for any-to-any network connectivity between the offices and data centers. SSA will transition these data services from GSA's Federal Telecommunications Service 2001 (FTS2001) to Networx Universal.

    With the award from the Social Security Administration, AT&T Government Solutions has now announced just under $800 million in Networx awards with customers including the Department of the Treasury, the Department of Veterans Affairs and the Department of Homeland Security.

    About AT&T Government Solutions

    AT&T Government Solutions is a long-standing, trusted source of network-enabled solutions for the federal government, integrating unmatched network resources and IT and software engineering expertise with innovative technologies from AT&T Labs and industry-leading partners. With headquarters in Oakton, Va., AT&T Government Solutions is best known for network leadership in voice, data, video and managed services. AT&T Government Solutions is a proven solutions integrator, with expertise in areas such as education and training, enterprise resource planning and management, information assurance, knowledge management, modeling and simulation, network transformation and management and program management.

    About AT&T

    AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. AT&T offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T |DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T's Yellow Pages and YELLOWPAGES.COM organizations are known for their leadership in directory publishing and advertising sales. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE magazine's list of the World's Most Admired Companies.

    Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at http://www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at http://www.facebook.com/ATT to discover more about our consumer and wireless services.

    Note: This AT&T news release and other announcements are available as part of an RSS feed at http://www.att.com/rss. For more information, please review this announcement in the AT&T newsroom at http://www.att.com/newsroom.

    AT&T Inc.

    CONTACT: Alex Kepnes, +1-202-828-8835, alex.kepnes@fleishman.com, for
    AT&T Inc.

    Web Site: http://www.att.com/




    Les Nuits du Festival Siemens 2009: Diffusion en direct sur le Web depuis Bayreuth et Salzbourg dans le monde entier

    MUNICH, Allemagne, July 24 /PRNewswire/ -- Les festivals de Bayreuth et de Salzbourg débuteront le 25 juillet. A l'occasion de ces deux festivals, les Nuits du Festival Siemens diffuseront en direct des opéras sur de grands écrans en plein air, avec une qualité vidéo HD et un son 3D. Au même moment, le monde entier pourra regarder Tristan et Yseult (Bayreuth, 9 août) et Cosi Fan Tutte (Salzbourg, 30 juillet) via Internet pour une somme modeste, et voir les opéras une deuxième fois, sur demande, au cours des deux semaines suivantes.

    << Le mélange de cette excellence artistique et technique aura un effet global durable>>, a insisté Stephan Heimbach au nom du sponsor Siemens. Les Nuits du Festival Siemens démontrent aussi que des évènements culturels exceptionnels peuvent susciter un grand intérêt et attirer un soutien important de la part du public, même à une époque de crise économique mondiale.

    Dimanche 9 août, l'opéra Tristan et Yseult de Wagner sera retransmis en direct depuis le Bayreuth Festspielhaus, célèbre dans le monde entier, au Festplatz en plein air de la ville, et sera aussi disponible en ligne dans le monde entier pour les utilisateurs large bande, avec une qualité excellente et pour un prix abordable. L'opéra sera par la suite disponible pour visualisation unique sur demande entre le 10 et le 23 août. Les utilisateurs d'Internet auront le choix entre trois résolutions d'image différentes et bénéficieront aussi d'un programme exclusif sur les coulisses et l'entracte. Pour 14,90 euros seulement, le public pourra bénéficier d'une diffusion sur le Web et visionner par la suite cet opéra à la demande. La diffusion sur le Web débutera à 14h45 - il faudra ouvrir une session sur : http://www.siemens.com/festivalnight. Une plateforme internationale d'aide et une hotline téléphonique, disponible du 8 à 10 août et à n'importe quelle heure en appelant le +49-40-646046627, vous donneront des conseils techniques simples et rapides.

    Dans le cadre de son programme des Nuits du Festival Siemens de cette année, Siemens proposera pour la première fois une diffusion sur le Web et un opéra sur demande au Festival de Salzbourg. La première de Cosi Fan Tutte de Mozart (production : Claus Guth) sera retransmise en direct le 30 juillet et disponible une fois à la demande au cours des sept jours suivants.

    Informations supplémentaires : http://www.siemens.com/press/festivalnight

    Contacts presse: Goldmann Public Relations, Dorothea Volke, Téléphone +49(0)89-21116413 E-mail : dvolke@goldmannpr.de Siemens AG, Karlheinz Groebmair, Téléphone +49(0)89-63635381 E-mail : karlheinz.groebmair@siemens.com

    Siemens AG

    Contacts presse : Goldmann Public Relations, Dorothea Volke, Téléphone +49(0)89-21116413, E-mail : dvolke@goldmannpr.de ; Siemens AG, Karlheinz Groebmair, Téléphone +49(0)89-63635381, E-mail : karlheinz.groebmair@siemens.com.




    Nokia to Acquire Cellity

    ESPOO, Finland and HAMBURG, Germany, July 24 /PRNewswire-FirstCall/ -- Nokia and cellity today announced an agreement for Nokia to acquire certain assets of cellity. cellity is a privately owned mobile software company which employs 14 people in Hamburg, Germany.

    Nokia will acquire the cellity team to strengthen its competencies in the area of social networking. cellity's current service will not transfer to Nokia and the service will be discontinued. cellity currently offers a solution to collect and securely store users' contacts in one place. The service is an easy way to connect people on the mobile and the web.

    "cellity has a very talented and innovative team, which we are very happy to have on board at Nokia. With this acquisition, we can accelerate our service development in some of our core areas," said Christof Hellmis, Vice President, Services, Nokia.

    "We are excited that Nokia has chosen our team and technology. With our experience from building social networking solutions, we can help Nokia further develop their services offering," said Nils Weitemeyer, CEO of cellity.

    The agreement is subject to customary closing conditions and is expected to close in the third quarter of 2009. After closing, cellity staff will become part of Nokia's Services unit.

    About Nokia

    Nokia is a pioneer in mobile telecommunications and the world's leading maker of mobile devices. Today, we are connecting people in new and different ways - fusing advanced mobile technology with personalized services to enable people to stay close to what matters to them. We also provide comprehensive digital map information through NAVTEQ; and equipment, solutions and services for communications networks through Nokia Siemens Networks.

    About cellity

    Founded in October 2006, Hamburg, Germany-based cellity AG offers innovative services for aggregating address book data and connects all popular communication channels. Its innovative Address book 2.0 tool enables all contact data to be imported from a wide variety of sources (cellphone address books, Outlook, Twitter, social networks) to one place. Users can access the complete feature set from the cellity Communicator 2.0 interface, including conventional telephony, short text messaging, sending emails from their cellphone, free messaging, Twitter updates, communication with social networks and phone conferencing. The cellity Communicator 2.0 can be used on any cellphone or web browser and keeps data dependably secure and synchronized.

    FORWARD-LOOKING STATEMENTS

    It should be noted that certain statements herein which are not historical facts, including, without limitation, those regarding: A) the timing of product, services and solution deliveries; B) our ability to develop, implement and commercialize new products, services, solutions and technologies; C) our ability to develop and grow our consumer Internet services business; D) expectations regarding market developments and structural changes; E) expectations regarding our mobile device volumes, market share, prices and margins; F) expectations and targets for our results of operations; G) the outcome of pending and threatened litigation; H) expectations regarding the successful completion of contemplated acquisitions on a timely basis and our ability to achieve the set targets upon the completion of such acquisitions; and I) statements preceded by "believe," "expect," "anticipate," "foresee," "target," "estimate," "designed," "plans," "will" or similar expressions are forward-looking statements. These statements are based on management's best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors that could cause these differences include, but are not limited to: 1) the deteriorating global economic conditions and related financial crisis and their impact on us, our customers and end-users of our products, services and solutions, our suppliers and collaborative partners; 2) the development of the mobile and fixed communications industry, as well as the growth and profitability of the new market segments that we target and our ability to successfully develop or acquire and market products, services and solutions in those segments; 3) the intensity of competition in the mobile and fixed communications industry and our ability to maintain or improve our market position or respond successfully to changes in the competitive landscape; 4) competitiveness of our product, services and solutions portfolio; 5) our ability to successfully manage costs; 6) exchange rate fluctuations, including, in particular, fluctuations between the euro, which is our reporting currency, and the US dollar, the Japanese yen, the Chinese yuan and the UK pound sterling, as well as certain other currencies; 7) the success, financial condition and performance of our suppliers, collaboration partners and customers; 8) our ability to source sufficient amounts of fully functional components, sub-assemblies, software and content without interruption and at acceptable prices; 9) the impact of changes in technology and our ability to develop or otherwise acquire and timely and successfully commercialize complex technologies as required by the market; 10) the occurrence of any actual or even alleged defects or other quality, safety or security issues in our products, services and solutions; 11) the impact of changes in government policies, trade policies, laws or regulations or political turmoil in countries where we do business; 12) our success in collaboration arrangements with others relating to development of technologies or new products, services and solutions; 13) our ability to manage efficiently our manufacturing and logistics, as well as to ensure the quality, safety, security and timely delivery of our products, services and solutions; 14) inventory management risks resulting from shifts in market demand; 15) our ability to protect the complex technologies, which we or others develop or that we license, from claims that we have infringed third parties' intellectual property rights, as well as our unrestricted use on commercially acceptable terms of certain technologies in our products, services and solutions; 16) our ability to protect numerous Nokia, NAVTEQ and Nokia Siemens Networks patented, standardized or proprietary technologies from third-party infringement or actions to invalidate the intellectual property rights of these technologies; 17) any disruption to information technology systems and networks that our operations rely on; 18) developments under large, multi-year contracts or in relation to major customers; 19) the management of our customer financing exposure; 20) our ability to retain, motivate, develop and recruit appropriately skilled employees; 21) whether, as a result of investigations into alleged violations of law by some former employees of Siemens AG ("Siemens"), government authorities or others take further actions against Siemens and/or its employees that may involve and affect the carrier-related assets and employees transferred by Siemens to Nokia Siemens Networks, or there may be undetected additional violations that may have occurred prior to the transfer, or violations that may have occurred after the transfer, of such assets and employees that could result in additional actions by government authorities; 22) any impairment of Nokia Siemens Networks customer relationships resulting from the ongoing government investigations involving the Siemens carrier-related operations transferred to Nokia Siemens Networks; 23) unfavorable outcome of litigations; 24) allegations of possible health risks from electromagnetic fields generated by base stations and mobile devices and lawsuits related to them, regardless of merit; as well as the risk factors specified on pages 11-28 of Nokia's annual report on Form 20-F for the year ended December 31, 2008 under Item 3D. "Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

    http://www.nokia.com/

    http://www.cellity.com/

    Nokia Corporation

    CONTACT: Media Enquiries: Nokia Communications, Tel. +358-7180-34900,
    E-mail: press.services@nokia.com. cellity AG, Sarik Weber, +49-4088885600,
    press@cellity.com




    STMicroelectronics Unveils Latest Advances in Design Methodologies at DAC 2009DAC 2009 - July 26-31, 2009, Moscone Center, San Francisco, California

    GENEVA, July 24 /PRNewswire-FirstCall/ -- STMicroelectronics , one of the world's most innovative semiconductor companies, will participate as presenter or co-author of several papers at the DAC 2009 (Design Automation Conference), which takes place from July 26-31, 2009, in San Francisco, California. ST's contributions to the conference cover advances in design methodologies and automation in the areas of 3-D stacking for complex SoC (System-on-Chip) ICs, physical- and system-level chip design, and IC reliability.

    In the DAC 2009 'Management Day' session, Philippe Magarshack, STMicroelectronics' General Manager of Central CAD & Design Solutions will present: '3-D Stacking: Opportunities and Trends for Consumer SoCs', which will discuss 3-D integration as a promising technology to extend the momentum of Moore's Law into the next decade, offering higher transistor density, faster interconnects, heterogeneous technology integration, with potentially lower power, cost and faster time-to-market. However, 3-D integration isn't without challenges: the presentation discusses the need for a range of new capabilities including process technology, architectures, design methods and tools, and manufacturing-worthy test solutions to be developed before 3-D chips can be mass produced for consumer applications.

    Also, as part of the Management Day, Magarshack will participate on the panel 'Making Critical Decisions for Emerging SoC Development,' which will discuss emerging solutions for complex nanometer SoCs and their economic impact.

    ST is also presenting several papers in physical and system-level design, including the examination of architectural-level design and power-estimation techniques, and the design-automation of IP re-use.

    The need to design differentiated SoC product derivatives in extremely narrow time windows is tackled by a paper from ST engineers. The paper describes the moving of design creation to higher levels of abstraction, presenting an ESL (Electronic System Level) design methodology as a solution to deal with the increasing design challenges in the industry. In addition, the paper explores solutions for optimal designs in terms of power performance and silicon die area.

    Another paper describes how ST engineers have used the SPIRIT (Structure for Packaging, Integrating and Re-using IP within Tool flows) Consortium's IP-XACT standards to enable IP reuse through design automation, to provide an SoC integration solution for ST's program (with Freescale) for the fast development of new 32-bit automotive microcontroller families.

    An approach to improving design productivity for digital consumer ICs is the subject of another paper. ST's engineers propose allowing front-end designers to prototype the SoC at the architecture level, gaining early insight into potential implementation issues during the design capture stage.

    Power management, also, is an increasingly important concern for both wireless and wired applications. ST engineers will present an architectural-level power planning and estimation system to manage the challenges to preserve power and extend battery life in portable products.

    Testing and reliability are also addressed by ST's engineers, in two papers. The first paper is a presentation on a low-power DFT (Design-For-Test) flow for multi-voltage designs and ATPG (Automatic Test Pattern Generation). The second paper examines an approach for the reduction of EMI (Electromagnetic Interference) to produce very robust automotive IC designs.

    Further information about DAC 2009 and ST's papers is available at: http://www.dac.com/46th/index.aspx

    About STMicroelectronics

    STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2008, the Company's net revenues were $9.84 billion. Further information on ST can be found at http://www.st.com/.

    STMicroelectronics

    CONTACT: Michael Markowitz of STMicroelectronics, +1-212-821-8959,
    michael.markowitz@st.com

    Web Site: http://www.st.com/




    BullMarket.com Reviews Tech Earnings: Apple, Omniture, Google, Microsoft, & Yahoo

    PRINCETON, N.J., July 24 /PRNewswire/ -- BullMarket.com (http://www.bullmarket.com/), an online investment newsletter focused on long-term growth and income-generating stocks, has provided subscribers with coverage of tech earnings, including Apple , Omniture , Google , and Yahoo , and will have a report on Microsoft today.

    All paid and trial subscribers to BullMarket.com can now receive immediate access to the newsletter's exclusive daily reports. As a subscriber, you'll also gain access to our Recommended List of stocks, which outperformed the S&P 500 by 15% in 2008, and was up over 16% year to date at the end of June.

    Start your 14-day free trial today: https://www.bullmarket.com/subscribe/pr/?refer=BMR602P

    In its daily report, BullMarket.com wrote: "Given the stock's run-up prior to its earnings release, we thought Apple would have to turn in not just a great quarter, but a truly exceptional one to keep the bullish momentum going. Well that is just what the company delivered. In addition, the company's guidance wasn't quite as conservative as expected."

    BullMarket.com looked at the following topics, among others:

    -- Up over 70% since BullMarket.com added it to its Recommended List late last year, what is BullMarket.com's new Target price for Apple?

    -- Should investors continue to be patient and wait for the Yahoo turnaround story to unfold?

    -- At what price would BullMarket.com recommend buying Google? -- What is the bullish and bearish case on Omniture? About BullMarket.com:

    Launched in 1997, BullMarket.com has a strong track record of creating wealth for its subscribers by providing sound, long-term investing advice. The BullMarket.com Recommended List includes about 50 companies across all major industries, including Financials, Healthcare, Energy, Technology, and Retail, among others. BullMarket.com is one of the oldest continuously published investment newsletters online, and its Recommended List has consistently outperformed the major market indices.

    NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

    Contact:

    Marcie Martin, Bull Market Report, +1-888-278-5515

    Indie Research Advisors, LLC

    CONTACT: Marcie Martin, Bull Market Report, +1-888-278-5515

    Web Site: http://www.bullmarket.com/




    JAG Media Holdings, Inc. Announces a Further Update of the Status of Its Acquisition of CardioGenics Inc.

    BOCA RATON, Fla., July 24 /PRNewswire-FirstCall/ -- JAG Media Holdings, Inc. (BULLETIN BOARD: JAGH) announced today a further update of the status of its acquisition of CardioGenics Inc. by its Ontario, Canada subsidiary, CardioGenics ExchangeCo. Inc. The closing date for the acquisition, currently scheduled for a date on or before July 24, 2009, has been rescheduled to a date on or before July 31, 2009 to allow the parties sufficient time to attend to the final closing matters. All parties continue to dedicate their full resources to execute the remaining closing matters and anticipate that this will be the final adjournment necessary prior to the closing.

    The closing of the transaction remains subject to (a) CardioGenics closing on private placements of not less than $1,500,000; (b) the completion of the pro forma financial statements for the transaction based on CardioGenics' and JAG Media's relevant financial statements; (c) the CardioGenics shareholders and debenture holders making certain deliveries, prior to the closing, as set forth in the share purchase agreement; and (d) the satisfaction of various customary conditions to closing.

    About JAG Media Holdings, Inc.

    JAG Media Holdings, Inc. is a provider of Internet-based equities research and financial information that offers its subscribers a variety of stock market research, news and analysis, including "JAG Notes", the Company's flagship early morning consolidated research product.

    About CardioGenics Inc.

    CardioGenics develops technology and products targeting the immunoassay segment of the In-Vitro Diagnostic testing market. CardioGenics has developed the QL Care Analyzer, a proprietary Point Of Care immuno-analyzer, which will run a number of diagnostic tests under development by CardioGenics, the first of which will be a series of cardiovascular diagnostic tests. As part of its core proprietary technology, CardioGenics has also developed a proprietary method for silver coating paramagnetic microspheres (a fundamental platform component of immunoassay equipment), which improve instrument sensitivity to light. CardioGenics' principal offices are located in Mississauga, Ontario, Canada.

    JAG Media Holdings, Inc.

    CONTACT: Stephen J. Schoepfer, President & COO of JAG Media Holdings,
    Inc., +1-609-945-0405, steve@jagnotes.com

    Web Site: http://www.jagnotes.com/




    General Dynamics to Webcast Second-Quarter 2009 Financial Results Conference Call

    FALLS CHURCH, Va., July 24 /PRNewswire-FirstCall/ -- General Dynamics will webcast its second-quarter 2009 financial results conference call on Wednesday, July 29, beginning at 11:30 a.m. Eastern Time.

    Jay L. Johnson, president and chief executive officer; Hugh Redd, senior vice president and chief financial officer; and Amy Gilliland, staff vice president for investor relations, will review financial results and answer questions from financial analysts.

    The live webcast of the presentation will be available at http://www.generaldynamics.com/. A replay will be available shortly after the live presentation.

    General Dynamics, headquartered in Falls Church, Va., employs approximately 92,900 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and mission-critical information systems and technologies. More information about the company is available online at http://www.generaldynamics.com/.

    General Dynamics

    CONTACT: Rob Doolittle of General Dynamics, +1-703-876-3199, Cell,
    +1-703-801-8378, rdoolittle@generaldynamics.com

    Web Site: http://www.generaldynamics.com/




    Cardium Completes Sale of InnerCool Therapies Business to Royal Philips Electronics

    SAN DIEGO, July 24 /PRNewswire-FirstCall/ -- Cardium Therapeutics (NYSE Amex: CXM) ("Cardium") today announced that it has completed the asset sale of Cardium's InnerCool Therapies business ("InnerCool") to Royal Philips Electronics . The asset purchase transaction was for $11.25 million, as well as the transfer of approximately $1.5 million in trade payables.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20051018/CARDIUMLOGO) About Royal Philips Electronics

    Royal Philips Electronics of the Netherlands is a diversified Health and Well-being company, focused on improving people's lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of "sense and simplicity." Headquartered in the Netherlands, Philips employs approximately 116,000 employees in more than 60 countries worldwide. With sales of EUR 26 billion in 2008, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at http://www.philips.com/newscenter.

    About Cardium

    Cardium is focused on the acquisition and strategic development of new and innovative bio-medical product opportunities and businesses that have the potential to address significant unmet medical needs and definable pathways to commercialization, partnering and other economic monetization's. Cardium's initial investment portfolio includes InnerCool Therapies, Inc., the Tissue Repair Company, and Cardium Biologics, medical technology companies primarily focused on the development, manufacture and sale of innovative therapeutic products and devices for cardiovascular, ischemic and related indications. News from Cardium is located at http://www.cardiumthx.com/.

    Forward-Looking Statements

    Except for statements of historical fact, the matters discussed in this press release are forward-looking and reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond our control and may cause actual results to differ materially from stated expectations. Actual results may also differ substantially from those described in or contemplated by this press release due to risks and uncertainties that exist in our operations and business environment, including, without limitation, risks and uncertainties that are inherent in the development, testing and marketing of biologic product candidates and the conduct of human clinical trials, including the timing, costs and outcomes of such trials, our dependence upon proprietary technology, our ability to obtain necessary funding, regulatory approvals and qualifications, our history of operating losses and accumulated deficits, our reliance on collaborative relationships and critical personnel, and current and future competition, as well as other risks described from time to time in filings we make with the Securities and Exchange Commission. We undertake no obligation to release publicly the results of any revisions to these forward-looking statements to reflect events or circumstances arising after the date hereof.

    Copyright 2009 Cardium Therapeutics, Inc. All rights reserved. For Terms of Use Privacy Policy, please visit http://www.cardiumthx.com/. Cardium Therapeutics(TM) and Generx(TM) are trademarks of Cardium Therapeutics, Inc. Tissue Repair(TM), Gene Activated Matrix(TM), GAM(TM) and Excellarate(TM) are trademarks of Tissue Repair Company. InnerCool Therapies , InnerCool , Celsius Control System , RapidBlue(TM), CoolBlue(TM). Accutrol , Temperature Control Element and TCE and UroCool(TM) are trademarks of InnerCool Therapies, Inc. (other trademarks belong to their respective owners)

    Photo: http://www.newscom.com/cgi-bin/prnh/20051018/CARDIUMLOGO
    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Cardium Therapeutics

    CONTACT: Bonnie Ortega, Director, Investor/Public Relations, Cardium
    Therapeutics, Inc., +1-858-436-1018, InvestorRelations@cardiumthx.com

    Web Site: http://www.cardiumthx.com/




    Neusoft Medical's Latest Innovation, NeuViz 16 CT Scanner, Approved by FDA for the U.S. Market

    SHENYANG, China, July 24 /PRNewswire-Asia/ -- Neusoft Medical Systems Co., Ltd. (Neusoft Medical), a wholly owned subsidiary of Neusoft Corporation (600718.SH), officially announced that its newly developed Computed Tomography(CT) system, NeuViz 16 multi-slice CT scanner, has been approved by the FDA recently, and is also marked as the first of its kind in China. As its first 16 multi-slice CT scanner was shipped to its U.S.-based customers recently, Neusoft Medical has made its newest innovation entered into the global high-end medical market, indicating another breakthrough for the company in the field of high-end medical equipment, following its introduction of PET system in May 2009.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20061219/CNTU012LOGO )

    NeuViz 16 multi-slice CT scanner is designed with the latest integrated detector for optimized SNR and scanning time, and its patented technology of dynamic focal spot ensures a higher spatial resolution during scanning and creates more detailed 3D/MPR images. The product also features DoseRight Modulation as well as a pediatric protocol to ensure optimized dose without compromising image quality.

    One of the core technologies of CT is embedded software, which determines the quality and operating speed of CT imaging, according to Mr. Liu Jian, Vice President of Neusoft Corporation & President of Neusoft Medical. Based on its own accumulated experience and strength in software, Neusoft Medical has always been sticking to the combination strategy of independent development and open innovation. This has enabled the company to successfully develop a series of products, including single-slice, dual-slice, and 16-slice CT scanners. Meanwhile, it has researched and developed a series of computer-aided diagnostic (CAD) software in a variety of specialties to greatly enhance and expand the diagnostic capabilities of CT, which has created a unique competitive advantage for its CT systems. Neusoft Medical's CT products exported to the U.S. market have taken a leading position in the urology and gastrointestinal specialty sector. With the introduction of the NeuViz 16, Neusoft Medical has been recognized as one of the global mid-high-end CT suppliers that can provide a series of CT products at different levels.

    About Neusoft Corporation

    Neusoft is a leading IT solutions & services company and the largest offshore software & services outsourcing provider in China. Neusoft has set up a large sales and services network in China, as well as subsidiaries in Japan, USA and Europe, maintaining a total of more than 15,000 employees. For more information about Neusoft, please visit http://www.neusoft.com/en .

    About Neusoft Medical

    Neusoft Medical Systems Co., Ltd. (Neusoft Medical) is a leading medical systems and comprehensive e-hospital solutions provider in China. Founded in 1998, Neusoft Medical has developed its full-scale products of four large-scale medical imaging equipments from the initial CT products to expand in the field of medical IT solutions and medical services. Today Neusoft Medical is the only Chinese medical equipment supplier that can deliver the widest range of diagnostic imaging and other hospital facilities, including PET, CT, MRI, X-ray, Ultrasound, Linear Accelerator, and IT solutions such as UroCARE, MammoCAD, LungCAD, OsteoCare, HIS, RIS and PACS, Patient Monitors, Biochemistry Analyzers and Medical IT Outsourcing.

    Neusoft Medical has set up 5 service and spare parts centers respectively in Houston, Lima, Saul Paulo, Dubai, and Shenyang, to provide fast and effective services in the global market, and millions of people in about 60 countries across the world are enjoying Neusoft Medical's products and solutions. For more information about Neusoft Medical, please visit http://medical.neusoft.com/en .

    For more information, please contact: Evelyn Tang Senior PR Manager Neusoft Corporation Tel: +86-24-8366-5663 Email: tangyi@neusoft.com

    Neusoft Corporation

    CONTACT: Evelyn Tang, Senior PR Manager of Neusoft Corporation at
    +86-24-8366-5663 or tangyi@neusoft.com

    Web Site: http://www.neusoft.com/en
    http://medical.neusoft.com/en




    Synopsys Introduces Galaxy Constraint Analyzer to Improve Designer ProductivitySpeeds RTL-to-GDSII Turnaround Time Through Look-ahead Constraint Analysis

    MOUNTAIN VIEW, Calif., July 24 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design, verification and manufacturing, today introduced Galaxy(TM) Constraint Analyzer, a new tool which improves designer productivity through look-ahead constraint analysis technology tuned for the Synopsys Galaxy Implementation Platform. The Galaxy Constraint Analyzer is an intuitive tool that enables designers to quickly assess the correctness and consistency of timing constraints. Correctness and consistency lead to more efficient runtimes in Synopsys' Design Compiler synthesis and IC Compiler physical implementation tools. The Galaxy Constraint Analyzer features unique constraint debug capabilities to help designers eliminate long "trial-and-error iterations" during implementation, reducing design cost as a result of more predictable schedules all the way to full-chip signoff.

    "Our complex SoC designs have a large number of clocks that require an intricate set of timing constraint definitions," said Hitoshi Sugihara, department manager of the DFM & Digital EDA Technology Development Dept., Design Technology Div., Renesas Technology Corp. "Making sure that our design engineers start with and hand-off a high-quality set of constraint files significantly lowers risk to our design schedules. Using the Galaxy Constraint Analyzer enabled us to find constraint issues that we could not have found otherwise, saving us significant time and effort. We plan to incorporate the Galaxy Constraint Analyzer into our standard design flow that includes Design Compiler and IC Compiler."

    The rapid increase in design size and complexity, as well as the widespread reuse of intellectual property (IP) design blocks, has lead to a major increase in the size and complexity of timing constraint specification files. Ensuring high-quality timing constraints is paramount to efficient design implementation, especially during handoffs between teams. Incomplete, inconsistent or conflicting constraints can cause optimization and implementation tools to run ineffectively or to never converge. To address this challenge, the Galaxy Constraint Analyzer tool provides an extensive set of rule checks designed to maximize the efficiency of Design Compiler synthesis and IC Compiler physical implementation. In addition, Galaxy Constraint Analyzer uses technology based on Synopsys' golden PrimeTime timing engine to ensure correct interpretation and propagation of constraints. This gives designers a signoff-correlated view of the constraints ahead of each step of the design implementation process. Galaxy Constraint Analyzer's ability to deliver comprehensive constraint analysis on 10-million-gate designs in a matter of minutes, combined with a unique set of interactive analysis and debug capabilities, helps designers quickly identify and fix constraint issues within hours versus days.

    "Constraint analysis is becoming a crucial step to ensure an efficient design implementation process," said Robert Hoogenstryd, director of marketing for design analysis and signoff at Synopsys. "However, in order for a constraint analysis tool to be effective, it has to interpret and analyze constraint specifications in a manner that is consistent and correlated with signoff. We built the Galaxy Constraint Analyzer using technology based on the PrimeTime golden timing engine to help designers produce the highest quality constraints for the Galaxy Implementation Platform."

    About Synopsys

    Synopsys, Inc. is a world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design, verification and manufacturing. Synopsys' comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, software-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has more than 65 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys online at http://www.synopsys.com/.

    Synopsys, Design Compiler, Galaxy and PrimeTime are registered trademarks or trademarks of Synopsys, Inc. Any other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.

    Editorial Contacts: Sheryl Gulizia Synopsys, Inc. 650-584-8635 sgulizia@synopsys.com Lisa Gillette-Martin MCA, Inc. 650-968-8900 ext. 115 lgmartin@mcapr.com

    Synopsys, Inc.

    CONTACT: Sheryl Gulizia of Synopsys, Inc., +1-650-584-8635,
    sgulizia@synopsys.com, or Lisa Gillette-Martin of MCA, Inc., +1-650-968-8900,
    Ext. 115, lgmartin@mcapr.com, for Synopsys, Inc.

    Web Site: http://www.synopsys.com/




    AT&T Turns Up the Volume on Cell Phone Recycling and Extends Commitment to Environmental SustainabilityAT&T Continues Recycling with Customers in Stores, Online and in Communities Across the U.S. Estimates Recycling 14 Million Wireless Devices by 2011

    DALLAS, July 24 /PRNewswire-FirstCall/ -- AT&T* is turning up the volume on cell phone recycling - and extending its commitment to environmental sustainability - with new initiatives in all 2,000-plus AT&T stores, community locations, online, and through continued advocacy programs with wireless users nationwide. AT&T estimates it will collect roughly 14 million wireless devices for recycling by the end of 2011, which is the environmental equivalent of keeping more than 920 tons of primary materials and more than 13 tons of toxic waste out of landfills.**

    AT&T is expanding its efforts to fight e-waste through the following initiatives:

    -- AT&T continues to provide recycling drop-off spots via all 2,000-plus retail locations nationwide, and it offers free prepaid shipping labels online at http://www.att.com/recycle. -- AT&T has added two more ways to help make recycling easy for wireless users: free, prepaid mailing envelopes in stores and online (att.com/recycle). -- Through August 2009, AT&T is working with the American Camp Association (ACA) to share its recycling mission with over 2 million children, tweens, and teens across the U.S. -- AT&T is promoting wireless recycling efforts at AT&T-sponsored music and movie festivals through 2010. -- AT&T's volunteer organization, the AT&T Pioneers, continues community-based recycling drives across the U.S. -- AT&T continues to offer free donation drive toolkits online, including templates for recycling bins and tips for wiping data from old phones before recycling.

    As announced Monday, AT&T has revamped its retail locations across the country. In conjunction with the makeovers, AT&T stores are adding two more avenues for recycling: AT&T is recycling its old cell phone collection bins and replacing them with new bins that offer visitors a drop-off spot and free mailing envelopes they can use to recycle phones and accessories after they leave the store. And, the refreshed http://www.att.com/recycle now allows wireless users to request free prepaid mailing envelopes that can be mailed to them at home.

    "We encourage wireless users to do what they can to reuse or recycle old cell phones because they're made of valuable materials like precious metals, copper, and plastics - all of which require energy to extract and manufacture," said Matt Hale, Director of the Office of Resource Conservation and Recovery at the Environmental Protection Agency. "When you recycle cell phones, you are helping to reduce greenhouse gas emissions, keep valuable material out of landfills and incinerators, and conserve natural resources."

    Phones recycled through AT&T stores, community drives and online tools are the customer-facing efforts that have added volume to AT&T's broader corporate recycling work. AT&T collected 4.5 million wireless devices and 1.3 million pounds of accessories and batteries in 2008, keeping them out of landfills. AT&T also recycles wireless phones that are returned through other channels, sending phones at the end of their lifecycles to recycling plants.

    AT&T's recycling efforts will continue to support Cell Phones for Soldiers (CPFS), a not-for-profit organization that recycles used wireless phones to buy phone cards for military families. AT&T will match its 2008 recycling totals with the charity, year to year, through 2010. It aims to help provide CPFS with roughly $1 million in recycling proceeds in that time.

    "At AT&T, we're working to help make recycling easy for wireless users," said Jeff Bradley, senior vice president, devices. "No matter what make or model of phone - or which wireless carrier you use - we encourage you to recycle with us because it makes a positive impact on the world where we all live and work. Working together, we hope to help reuse and recycle millions more cell phones."

    Recycling in the Community

    Last year, AT&T's volunteer organization, the AT&T Pioneers, extended wireless recycling beyond AT&T retail locations and into the community. Since 2008, their work has recovered more than 25,000 phones, working with community-based groups and non-AT&T locations. Volunteers continue these projects today, and they are also working with AT&T stores across the country to recycle the remaining cell phone collection bins that are being retired.

    Through August 2009, AT&T is working with ACA outdoor camps, where young people are competing to collect the most phones and create the most environmentally-friendly and most creative recycling bins. Recycling efforts will also reach attendees at AT&T-sponsored music festivals this summer and Campus MovieFest this fall, which is estimated to attract more than a million college students across the country.

    AT&T and Sustainability

    Encouraging cell phone recycling is one way AT&T is working to tackle environmental issues. AT&T recently announced plans to invest up to $565 million as part of a long-term strategy to deploy more than 15,000 alternative-fuel vehicles over the next 10 years. AT&T also works to enhance energy performance and reduce energy consumption and has begun to use alternative energy sources such as wind and solar power. AT&T helps customers further manage their own environmental impact through intelligent use of AT&T products and services, such as teleconferencing, video conferencing and other broadband applications.

    For more information about how you can recycle with AT&T please visit http://www.att.com/recycle. For more information about AT&T's sustainability efforts, please visit http://www.att.com/sustainability.

    *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

    **Environmental equivalents provided by ReCellular using the Electronic Environmental Benefits Calculator (EEBC), developed by The University of Tennessee Center for Clean Products and Clean Technologies .

    About AT&T

    AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. AT&T offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T |DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T's Yellow Pages and YELLOWPAGES.COM organizations are known for their leadership in directory publishing and advertising sales. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE magazine's list of the World's Most Admired Companies.

    Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at http://www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at http://www.facebook.com/ATT to discover more about our consumer and wireless services or at http://www.facebook.com/ATTSmallBiz to discover more about our small business services.

    2009 AT&T Intellectual Property. All rights reserved. 3G service not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

    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: Amanda L. Ray of AT&T Inc., +1-214-665-1359, aray@attnews.us

    Web Site: http://www.att.com/
    http://www.att.com/recycle
    http://www.att.com/sustainability




    Motorola Opens Doors for Accelerated Development on AndroidMOTODEV Enables Application Development for Future Motorola Mobile Devices

    SUNNYVALE, Calif., July 24 /PRNewswire-FirstCall/ -- Motorola, Inc. today announced the launch of advanced Android development resources through MOTODEV, including a new App Accelerator Program and MOTODEV Studio for Android Beta. MOTODEV will offer developers early access to a new suite of Google Android developer tools and programs, along with the opportunity to attend the next MOTODEV Summit in San Diego, CA, on October 6, for advanced training and information-gathering. The program is intended to accelerate the development of applications to be used on Motorola's mobile devices using the Android operating system scheduled to ship later this year.

    "Motorola is focused on helping our global network of best-in-class developers create, deploy and successfully market their Android applications to ultimately unleash greater innovation into the mobile application development space," said Christy Wyatt, Vice President, Software Platforms and Ecosystem, Motorola. "We believe Android and open software has the freedom and flexibility to foster innovation, accelerate time to market, and deliver the most personal and customized mobile experiences for consumers."

    To give developers a head start in creating apps that realize the full power of Android and utilize Motorola's newest handset features, the company invites developers to join MOTODEV's App Accelerator Program. Through this program, select developers will have the ability to submit their applications to Motorola and leverage the opportunity to distribute through a variety of channels, including carrier stores, the Android Market and third-party distributors. In addition, the program will specifically offer developers:

    -- Early access to tools, technical specs, documentation and other development support resources. -- Exclusive pre-release access to upcoming Motorola devices for testing and debugging. -- Direct access to Motorola's developer support engineers via private discussion boards. -- Maximum market exposure for applications as soon as new mobile devices ship to users.

    Motorola will also make publicly available the MOTODEV Studio for Android Beta. MOTODEV Studio is a powerful, Eclipse- based integrated development environment that works with Google's software development kit. MOTODEV Studio and the MOTODEV program make it easy for developers to create a new generation of rich user experiences for Motorola's handsets featuring the Android operating system. Among the resources available to developers are design and development tools; handset emulators and virtual testing labs; intuitive interfaces for deploying applications; application creation wizards and frequently used code templates; and access to marketing and distribution channels.

    Developers are encouraged to save the date for Motorola's MOTODEV Summit 2009 on October 6, in San Diego, CA, a one-day event that will bring together today's most creative and innovative application developers from around the world to receive advanced training, understand market opportunities and get exposure to the next generation of Motorola device experiences. Hosted by Motorola's MOTODEV developer network, the company's global program for developers and independent software vendors (ISVs), the Summit is designed to provide the developer community everything they need for Android development to help them get a head start in developing applications for the next generation of Motorola handsets.

    For more information on the MOTODEV Summit visit http://developer.motorola.com/summit. Registration will open on August 12, 2009.

    To learn more about MOTODEV Studio for Android Beta and App Accelerator Program, please visit http://developer.motorola.com/.

    About Motorola

    Motorola is known around the world for innovation in communications and focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola had sales of US $30.1 billion in 2008. For more information, please visit http://www.motorola.com/.

    Media Contact: Becki Leonard +1 847-738-1923 becki.leonard@motorola.com Motorola, Inc. Kate Murphy +1 312-932-2813 kate.murphy@fleishman.com Fleishman-Hillard

    Photo: http://www.newscom.com/cgi-bin/prnh/20020415/MOTNOTAGLOGO
    http://www.newscom.com/cgi-bin/prnh/20020307/MOTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Motorola, Inc.

    CONTACT: Becki Leonard of Motorola, Inc., +1-847-738-1923,
    becki.leonard@motorola.com; or Kate Murphy of Fleishman-Hillard,
    +1-312-932-2813, kate.murphy@fleishman.com, for Motorola, Inc.

    Web Site: http://www.motorola.com/
    http://developer.motorola.com/summit




    Digital Utilities Ventures to Partner with Gapsoft As Gateway To Asian Hotel MarketGoal is to Enhance VOD, IPTV and Other IP Services to Industry

    MIAMI, July 24 /PRNewswire-FirstCall/ -- Digital Utilities Ventures, Inc. (Stock Symbol: DUTV), an innovator in over the IP video transport systems with its breakthrough New Last Mile Platform, announced today that it is in partnership discussions with the Korean-based Gapsoft Corporation to offer key hotel markets in Japan, Korea and Singapore enhanced IP-based Entertainment products such as Internet on the television, movies, concerts, and classic TV on Demand using DUTV's New Last Mile as the transport vehicle.

    The New Last Mile uses an Internet based platform to deliver its TV programming. This means that Digital Utilities Ventures can deliver live programming of broadcast quality from anywhere in the world over the Internet directly:

    -- To TV sets without the aid of computers (IP ready) by simply piggybacking on existing broadband connections, and -- To cell phones worldwide via WIFI and Mobile Telephone Switching Office (MTSO) 3G networks and the emerging next generation 4G WIMAX -- All using under 1 megabit of the Internet as the backbone to the television set and 150 kilobits to the cell phone. In effect, creating the first global "Virtual Cable Television Network".

    "This is a major benefit to hotel operators," said Garry McHenry, President of Digital Utilities Ventures (DUTV), "since they can upgrade their property utilizing existing cabling, significantly enhancing per room revenues, while improving guest experience with large screen TV viewing of Internet content such as YouTube, along with a broad selection of other entertainment properties."

    Chan Lee, CEO & Business Development Director of Gapsoft said, "We are looking forward to working with DUTV." "Together, we can integrate Internet transported video content sources vastly increasing the entertainment choices for hotel viewers."

    About Gapsoft Corporation -- Founded in 2003, Gapsoft is headquartered in Korea. The company provides IPTV solutions for In-Store IPTV & Hotel IPTV markets via a broad range of middleware products and services.

    About Digital Utilities Ventures, Inc. -- Digital Utilities is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006. The Company was formed to manufacture and market its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services industries. The Company went public on March 26, 2009. Website: http://www.dutv.us/

    For further information contact: Garry McHenry President Digital Utilities Ventures, Inc. Phone: (561) 424-1965 E-mail: gmchenry@gmail.com Safe Harbor Statement

    In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.

    Digital Utilities Ventures, Inc.

    CONTACT: Garry McHenry, President of Digital Utilities Ventures, Inc.,
    +1-561-424-1965, gmchenry@gmail.com

    Web Site: http://www.dutv.us/




    PROXY Governance, Inc. Recommends That Tollgrade Shareholders Withhold Votes From Ramius Nominee Scott C. Chandler

    PITTSBURGH, July 24 /PRNewswire-FirstCall/ -- Tollgrade Communications, Inc. today announced that PROXY Governance, Inc., one of the nation's leading independent proxy advisory services, has issued a recommendation to its clients that shareholders withhold their votes for Scott C. Chandler who was nominated by Ramius LLC for election to Tollgrade's Board of Directors at the Company's Annual Meeting of Shareholders to be held on August 5, 2009. The governance firm's clients include institutional investors, mutual funds, pension funds and other fiduciaries.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO )

    Tollgrade continues to believe that Mr. Chandler does not have the appropriate qualifications for serving as a director of Tollgrade and that his election would jeopardize the substantial progress that Tollgrade has been making toward transforming the Company to position it for long-term growth, future profitability, market leadership and increasing returns for investors. As Tollgrade has previously noted, it has serious concerns about Mr. Chandler's past experience in serving in senior leadership positions in a public telecom company, Rhythms NetConnections, Inc., which is now defunct, including the following:

    -- Mr. Chandler was a member of the senior executive team of Rhythms, first as Chief Financial Officer and then later as the Senior Vice President for Global Business Development, during a period in which Rhythms reached an "internet bubble" valuation of $9 billion, the company was forced to file for bankruptcy that it would never emerge from and then, as part of its liquidation, sold some of its assets to Worldcom, Inc. for only $40 million. -- Following Rhythms' collapse, its bondholders got 12 cents on the dollar and shareholders got NOTHING. -- While Rhythms shareholders received NOTHING for their shares after the collapse of Rhythms, during the course of his career with Rhythms, Mr. Chandler himself was able to cash in his shares for close to $2 million in aggregate proceeds. -- Less than a year prior to the bankruptcy filing by Rhythms, Mr. Chandler received a very substantial raise in base compensation as well as a very substantial retention bonus. -- In the wake of the collapse of Rhythms, Mr. Chandler and other former executives of Rhythms were named as defendants in a securities class action filed in the U.S. District Court for the District of Colorado that would not get resolved until more than seven years later when that Federal District Court approved a $17.5 million settlement for the plaintiffs.

    Tollgrade urges its shareholders to seriously consider Ramius' wisdom in proposing Mr. Chandler as a nominee given his role in the demise of Rhythms, a business failure that at the time attracted substantial attention from the business media as well as a Congressional Oversight Committee. On June 14, 2001, in testimony before the U.S. House of Representatives, Committee on Financial Services, Capital Markets, Insurance and Government Sponsored Enterprises Subcommittee, David W. Tice, portfolio manager for the Prudent Bear Fund and publisher of the institutional research service "Behind the Numbers" testified about the situation at Rhythms, saying:

    "As incredible as it sounds, [Rhythms NetConnections] went from being founded in 1997, to a public offering and market capitalization of almost $9 billion in 1999, to being de-listed from the NASDAQ exchange in 2001. We cannot recall another instance in the past 30 years where a company with losses of $36 million on revenues of only $500,000 was able to reach such an incredible valuation and then virtually disappear in the span of only four years." (emphasis added)

    While the Tollgrade Board is a strong proponent of adding independent directors with telecom industry backgrounds, it does not believe that Mr. Chandler's experience at Rhythms is the type of telecom industry experience needed on the Tollgrade Board. As Tollgrade has previously announced, it has recently appointed distinguished telecom industry veterans, Charles E. Hoffman and Edward H. Kennedy, both of whom have close to three decades of experience in the telecom industry, as the newest independent members of the Tollgrade Board. With the additions of Messrs. Hoffman and Kennedy, one-third of the member of the Tollgrade Board have extensive telecom industry backgrounds with leading telecom companies (e.g., Ericsson, Inc., Marconi Corporation plc, Tellabs, Ocular Networks, Alcatel, Newbridge Networks Corporation, Covad Communications Group, Inc., Rogers Wireless, Inc., Sprint PCS, AT&T and SBC ). As PROXY Governance noted in its report, "[w]e agree with the company that the newest directors, Kennedy and Hoffman, should bring important perspective to the board because of their industry experience."

    Tollgrade urges all stockholders vote for their Board's highly qualified nominees on the WHITE proxy card TODAY -- by telephone, Internet, or by signing, dating and returning the WHITE proxy card. Shareholders that need assistance in voting their shares or have any questions are urged to call the company's proxy solicitor, The Altman Group, Inc., Toll-Free at (866) 340-6685 or (201) 806-7300.

    Important Information

    In connection with the solicitation of proxies, Tollgrade Communications, Inc. has filed with the SEC and mailed to shareholders on or about June 22, 2009 a definitive proxy statement in connection with its 2009 Annual Meeting of Shareholders. A supplement to this proxy statement was filed with the SEC and mailed to shareholders on or about July 7, 2009 and it amends, supplements and, to the extent inconsistent, supersedes the corresponding information previously sent to the shareholders of Tollgrade. Tollgrade, its directors, nominees for director and certain officers, employees and other persons are deemed to be participants in the solicitation of proxies from shareholders in connection with the 2009 Annual Meeting of Shareholders. Information regarding the interests of such participants is included in the definitive proxy statement, the supplement thereto and other relevant documents filed and to be filed by Tollgrade with the SEC in connection with the proxy solicitation. WE URGE INVESTORS TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT TOLLGRADE WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders will be able to obtain, free of charge, copies of the definitive proxy statement, the supplement thereto and any other documents filed by Tollgrade with the SEC in connection with the proxy solicitation at the SEC's website at http://www.sec.gov/ and Tollgrade's website at http://www.tollgrade.com/.

    About Tollgrade

    Tollgrade Communications, Inc. is a leading provider of network service assurance products and services for centralized test systems around the world. Tollgrade designs, engineers, markets and supports centralized test systems, test access and next generation network assurance technologies. Tollgrade's customers range from the top telecom providers, to numerous independent telecom and broadband providers around the world. Tollgrade's network testing, measurement and monitoring solutions support the infrastructure of telecom companies, as well as for power distribution companies. For more information, visit Tollgrade's web site at http://www.tollgrade.com/.

    Forward-Looking Statements

    The foregoing release contains "forward-looking statements" regarding future events or results within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company cautions readers that such "forward-looking statements" are, in fact, predictions that are subject to risks and uncertainties and that actual events or results may differ materially from those anticipated events or results expressed or implied by such forward-looking statements. The Company disclaims any current intention to update its "forward-looking statements," and the estimates and assumptions within them, at any time or for any reason. Any number of factors that could cause actual events or results to differ materially from those contained in the "forward-looking statements" is included in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC") including, but not limited to, the Company's Form 10-K for the year ended December 31, 2008 and any subsequently filed reports. All documents are also available through the SEC's Electronic Data Gathering Analysis and Retrieval system at http://www.sec.gov/ or from the Company's website at http://www.tollgrade.com/.

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    http://photoarchive.ap.org/
    PRN Photo Desk, photodesk@prnewswire.com Tollgrade Communications, Inc.

    CONTACT: Bob Butter, Communications, Tollgrade Communications, Inc.,
    +1-412-820-1347, bbutter@tollgrade.com

    Web Site: http://www.tollgrade.com/




    Siemens Festival Nights 2009: Live Worldwide Webcasts From Bayreuth and Salzburg

    MUNICH, Germany, July 24 /PRNewswire/ -- The Bayreuth and Salzburg Festivals will begin on July 25. At both festivals, the Siemens Festival Nights will present operas live on large outdoor screens in perfect HD video quality and 3-D sound. At the same time, a worldwide audience will be able to watch Tristan und Isolde (Bayreuth, August 9) and Cosi fan tutte (Salzburg, July 30) via Web stream at a modest fee and view the operas for a second time, on demand, within the following two weeks.

    "The blending of artistic and technical excellence here will have a lasting overall effect," emphasized Stephan Heimbach on behalf of sponsor Siemens. The Siemens Festival Nights also demonstrate that outstanding cultural events can attract great public interest and strong support even in times of a global economic crisis.

    On Sunday, August 9, Wagner's opera Tristan und Isolde will be relayed live from the world-famous Bayreuth Festspielhaus to the city's open-air Festplatz and also presented online worldwide to broadband users in highest quality and at an affordable price. The opera will subsequently be available for a one-time on-demand viewing in the period from August 10 to August 23. Internet viewers will have the choice of three different image resolutions and also enjoy an exclusive backstage and intermission program. The webcast price of euro 14.90 includes the subsequent on-demand viewing opportunity. The Web stream will begin at 2:45 p.m. following login at: http://www.siemens.com/festivalnight. An international help desk and telephone hotline, now available daily at +49-40-646046627 and around the clock between August 8-10, offers quick and uncomplicated technical advice.

    As part of its Siemens Festival Nights program this year, Siemens will also offer a Web stream and opera-on-demand at the Salzburg Festival for the first time. The premiere of Mozart's Cosi fan tutte (production: Claus Guth) will be relayed live on July 30 and available once on-demand within the following seven days.

    Additional information:

    http://www.siemens.com/press/festivalnight

    Press contacts: Goldmann Public Relations, Dorothea Volke, Phone +49(0)89-21116413, E-mail: dvolke@goldmannpr.de Siemens AG, Karlheinz Groebmair, Phone +49(0)89-63635381, E-mail: karlheinz.groebmair@siemens.com

    Siemens AG

    Press contacts: Goldmann Public Relations, Dorothea Volke, Phone +49(0)89-21116413, E-mail: dvolke@goldmannpr.de; Siemens AG, Karlheinz Groebmair, Phone +49(0)89-63635381, E-mail: karlheinz.groebmair@siemens.com.




    Salesforce.com's Service Cloud Receives 2009 Innovation Award From Network Products GuideService Cloud is named a winner in Software as a Service and Cloud Computing category

    SAN FRANCISCO, July 24 /PRNewswire-FirstCall/ -- Salesforce.com , the enterprise cloud computing company, today announced that Network Products Guide has named the Service Cloud http://www.salesforce.com/crm/customer-service-support/ a winner of the 2009 Product Innovation Award in the Software as a Service and Cloud Computing http://www.salesforce.com/cloudcomputing/ category. The award recognizes and honors vendors from all over the world with innovation and ground-breaking products that are "bringing essential and incremental changes and are setting the bar higher for others in all areas of information technology."

    (Logo: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO)

    The Service Cloud is the next-generation solution for customer service. Built on the Force.com platform, the Service Cloud transforms customer service through the power of cloud computing. The Service Cloud joins industry leading cloud computing platforms like Google, Facebook and Twitter with traditional service channels like phone, email, and chat to capture every conversation and leverage every community expert in the cloud. By capturing these conversations, the Service Cloud empowers companies to deliver the expertise of the community to customers, agents and partners regardless of location or device - ensuring that the quality of customer service is consistent across every channel.

    "The Service Cloud is completely revolutionizing the way companies think about customer service. By integrating social networks like Twitter and Facebook with traditional customer service channels, companies can deliver a new level of customer success," said Marc Benioff, chairman and CEO of salesforce.com. "We're pleased to be recognized by Network Products Guide for our most recent innovation in cloud computing."

    "Innovation is clearly an important factor for greater success and has the most impact on staying competitive," commented Rake Narang, editor-in-chief of Network Products Guide. "Innovative products such as the Service Cloud from salesforce.com are bringing improvements in both the way companies do business and how they compete in the ever-changing marketplace."

    To view a short video on the benefits of cloud computing, visit: http://www.salesforce.com/cloudcomputing/."

    About Network Products Guide Awards

    Network Products Guide is a media sponsor of Interop and Technosium Executive Alliance Forums engaging Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs). As industry's leading technology research and advisory publication, it plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit http://www.networkproductsguide.com/

    About salesforce.com

    Salesforce.com is the enterprise cloud computing company. The company's portfolio of Salesforce CRM applications, available at http://www.salesforce.com/crm/, has revolutionized the ways that companies collaborate and communicate with their customers across sales, marketing and service. The company's Force.com Platform (http://www.salesforce.com/platform/) enables customers, partners and developers to quickly build powerful business to run every part of the enterprise in the cloud. Based on salesforce.com's (http://salesforce.com/) real-time, multi-tenant architecture, Salesforce CRM and Force.com offer the fastest path to customer success with cloud computing.

    As of April 30, 2009, salesforce.com manages customer information for approximately 59,300 customers including Allianz Commercial, Dell, Dow Jones Newswires, Japan Post, Kaiser Permanente, KONE, and SunTrust Banks.

    Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.

    Copyright (c) 2009 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.

    Photo: http://www.newscom.com/cgi-bin/prnh/20050216/SFW105LOGO
    http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com salesforce.com

    CONTACT: Katy Dormer of salesforce.com, +1-415-901-8595,
    kdormer@salesforce.com

    Web Site: http://www.salesforce.com/
    http://www.networkproductsguide.com/




    Moog's Third Quarter Earnings Exceed Expectations

    EAST AURORA, N.Y., July 24 /PRNewswire-FirstCall/ -- Moog Inc. announced today third quarter earnings of $15.9 million, and earnings per share of $.37, about half of last year's level of $.72 per share. Sales for the quarter of $445 million were down 10% from a year ago.

    In April, the Company revised its guidance for the year and projected mid-range earnings per share of $1.95. Year to date earnings per share of $1.63 are slightly ahead of that pace.

    "Last year at this time our Company had not been affected by the global recession," said R. T. Brady, Chairman and CEO. "This year the recession has found some parts of our Company. We've had to adjust our expectations and this quarter's results are slightly ahead of that adjusted plan. In the quarter, a heavy restructuring expense was offset by an unusually low tax rate. We've completed our forecast for 2010 which suggests that we will have a recovery even if the economy doesn't."

    Aircraft sales in the quarter of $162 million were 8% lower than last year. Sales were up in military aircraft production programs but the Company has completed much of the F-35 development work so revenues on that program were lower. Also, sales were down in commercial transports and business jets. Total commercial aircraft sales were down 29% in the quarter. The Navigational Aids product line provided $11 million in sales.

    Sales in Space and Defense of $65 million were up 2% in the quarter. Positive growth was achieved even though this quarter saw limited sales on the Driver Vision Enhancer program which provided sales of over $4 million during last year's third quarter. Growth in the core business came in satellite controls where commercial demand was higher. Sales increased on the Delta IV and Taurus II launch vehicles, on the TOW missile and on the Joint Air to Ground missile. Sales on gun stabilization programs in Europe and on the G/ATOR ground-based mobile radar drove sales in Defense Controls. The recent acquisition of Videolarm resulted in a small increase in the Homeland Security product line.

    The Industrial segment felt the brunt of the global recession. The quarter included the benefit of $19 million in sales from two recent wind energy acquisitions but total sales of $102 million were still down 28% from a year ago. As expected, sales were down in every major product line. Controls for plastics making machinery and metal forming equipment generated sales at a third of last year's level. Machinery customers are not buying and machine makers are shutting down for the summer and furloughing their employees. Sales of motion bases for simulators were about half of last year's level. The best performing product line was power generation where sales were down only 5%. The good news was in the wind energy acquisitions. Sales of wind turbine pitch controls and turbine blade health monitoring equipment were very strong in the quarter.

    Sales in the Components Group were up 4% to $90 million. Sales of aerospace products increased by 23%, offsetting a similar percentage decline in medical and industrial products. The biggest sales increase was in military aircraft driven by the Northrop Grumman Guardian program. This is a system designed to protect military and commercial aircraft from shoulder-fired missiles. Other major defense programs are electro-optics and turret controls on the Abrams tank and the Bradley fighting vehicle. Medical sales were down 20% as customers attempted to reduce inventory levels. Industrial sales in the Components Group were weak in the quarter but incoming orders suggest a rebound is possible.

    The Medical Devices segment had the benefit of $7.5 million in sales from the recent acquisitions of Ethox and Aitecs. Nevertheless, total sales of $26 million were down 6% from a year ago. Sales of infusion pumps were down 42% from a year ago as hospitals and outpatient clinics have put a hold on their capital equipment purchases. Sales of administration sets were down 5% reflecting a decline in procedures performed.

    In spite of the weakness in industrial and medical markets, the Company's recent acquisitions have driven the backlog to $990 million, up 13% from a year ago.

    The Company revised its guidance for the year ending September 2009. Sales are now forecast at $1.825 billion, with net earnings of $86.8 million and earnings per share of $2.02. The Company suggests that its earnings forecast should be considered in a range of +/- $.05.

    The Company is also providing guidance for fiscal 2010. Sales are projected to rebound to $2.037 billion and net earnings should improve to $101 million with earnings per share of $2.36, a 17% increase. The Company suggests a range of +/- $.10 per share on that estimate.

    Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog's high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, wind energy, marine and medical equipment. Additional information about the company can be found at http://www.moog.com/.

    Cautionary Statement

    Information included herein or incorporated by reference that does not consist of historical facts, including statements accompanied by or containing words such as "may," "will," "should," "believes," "expects," "expected," "intends," "plans," "projects," "estimates," "predicts," "potential," "outlook," "forecast," "anticipates," "presume" and "assume," are forward-looking statements. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and are subject to several factors, risks and uncertainties, the impact or occurrence of which could cause actual results to differ materially from the expected results described in the forward-looking statements. These important factors, risks and uncertainties include (i) fluctuations in general business cycles for commercial aircraft, military aircraft, space and defense products, industrial capital goods and medical devices, (ii) our dependence on government contracts that may not be fully funded or may be terminated, (iii) our dependence on certain major customers, such as The Boeing Company, for a significant percentage of our sales, (iv) the possibility that the demand for our products may be reduced if we are unable to adapt to technological change, (v) intense competition which may require us to lower prices or offer more favorable terms of sale, (vi) our indebtedness which could limit our operational and financial flexibility, (vii) the possibility that new product and research and development efforts may not be successful which could reduce our sales and profits, (viii) increased cash funding requirements for pension plans, which could occur in future years based on assumptions used for our defined benefit pension plans, including returns on plan assets and discount rates, (ix) a write-off of all or part of our goodwill, which could adversely affect our operating results and net worth and cause us to violate covenants in our bank agreements, (x) the potential for substantial fines and penalties or suspension or debarment from future contracts in the event we do not comply with regulations relating to defense industry contracting, (xi) the potential for cost overruns on development jobs and fixed price contracts and the risk that actual results may differ from estimates used in contract accounting, (xii) the possibility that our subcontractors may fail to perform their contractual obligations, which may adversely affect our contract performance and our ability to obtain future business, (xiii) our ability to successfully identify and consummate acquisitions, and integrate the acquired businesses and the risks associated with acquisitions, including that the acquired businesses do not perform in accordance with our expectations, and that we assume unknown liabilities in connection with the acquired businesses for which we are not indemnified, (xiv) our dependence on our management team and key personnel, (xv) the possibility of a catastrophic loss of one or more of our manufacturing facilities, (xvi) the possibility that future terror attacks, war or other civil disturbances could negatively impact our business, (xvii) that our operations in foreign countries could expose us to political risks and adverse changes in local, legal, tax and regulatory schemes, (xviii) the possibility that government regulation could limit our ability to sell our products outside the United States, (xix) product quality or patient safety issues with respect to our medical devices business that could lead to product recalls, withdrawal from certain markets, delays in the introduction of new products, sanctions, litigation, declining sales or actions of regulatory bodies and government authorities, (xx) the impact of product liability claims related to our products used in applications where failure can result in significant property damage, injury or death and in damage to our reputation, (xxi) the possibility that litigation may result unfavorably to us, (xxii) our ability to adequately enforce our intellectual property rights and the possibility that third parties will assert intellectual property rights that prevent or restrict our ability to manufacture, sell, distribute or use our products or technology, (xxiii) foreign currency fluctuations in those countries in which we do business and other risks associated with international operations, (xxiv) the cost of compliance with environmental laws, (xxv) the risk of losses resulting from maintaining significant amounts of cash and cash equivalents at financial institutions that are in excess of amounts insured by governments, (xxvi) the inability to utilize amounts available to us under our credit facilities given uncertainties in the credit markets and (xxvii) our customer's inability to pay us due to adverse economic conditions or their inability to access available credit. The factors identified above are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. Given these factors, risks and uncertainties, investors should not place undue reliance on forward-looking statements as predictive of future results. We disclaim any obligation to update the forward-looking statements made in this report.

    Moog Inc. CONSOLIDATED STATEMENTS OF EARNINGS (dollars in thousands, except per share data) Three Months Ended Nine Months Ended June 27, June 28, June 27, June 28, 2009 2008 2009 2008 ---- ---- ---- ---- Net sales $445,160 $496,575 $1,344,583 $1,411,820 Cost of sales 319,410 338,084 945,213 956,064 ------- ------- ------- ------- Gross profit 125,750 158,491 399,370 455,756 ------- ------- ------- ------- Research and development 22,805 30,518 72,127 80,686 Selling, general and administrative 70,545 75,413 208,550 219,634 Restructuring expense 9,946 - 9,946 - Interest 9,471 9,121 28,494 28,056 Equity in earnings of LTi and other (3,409) (729) (9,014) (1,746) ------ ---- ------ ------ 109,358 114,323 310,103 326,630 ------- ------- ------- ------- Earnings before income taxes 16,392 44,168 89,267 129,126 Income taxes 496 13,057 19,409 41,712 --- ------ ------ ------ Net earnings $15,896 $31,111 $69,858 $87,414 ======= ======= ======= ======= Net earnings per share Basic $0.37 $0.73 $1.64 $2.05 ===== ===== ===== ===== Diluted $0.37 $0.72 $1.63 $2.02 ===== ===== ===== ===== Average common shares outstanding Basic 42,571,843 42,646,335 42,571,608 42,577,639 ========== ========== ========== ========== Diluted 42,837,237 43,248,903 42,882,372 43,249,953 ========== ========== ========== ========== Moog Inc. CONSOLIDATED SALES AND OPERATING PROFIT (dollars in thousands) Three Months Ended Nine Months Ended June 27, June 28, June 27, June 28, 2009 2008 2009 2008 ---- ---- ---- ---- Net Sales Aircraft Controls $161,553 $175,384 $486,726 $496,581 Space and Defense Controls 64,753 63,456 204,455 190,889 Industrial Systems 102,452 142,854 316,999 395,763 Components 90,413 87,276 256,421 251,104 Medical Devices 25,989 27,605 79,982 77,483 ------ ------ ------ ------ Net sales $445,160 $496,575 $1,344,583 $1,411,820 ======== ======== ========== ========== Operating Profit and Margins Aircraft Controls $12,988 $12,187 $41,007 $41,530 8.0% 6.9% 8.4% 8.4% Space and Defense Controls 7,110 7,455 30,496 23,298 11.0% 11.7% 14.9% 12.2% Industrial Systems 812 20,582 23,171 56,759 0.8% 14.4% 7.3% 14.3% Components 14,689 15,151 44,739 44,571 16.2% 17.4% 17.4% 17.8% Medical Devices (4,360) 2,978 (6,661) 6,914 (16.8%) 10.8% (8.3%) 8.9% ------ ----- ----- ---- Total operating profit 31,239 58,353 132,752 173,072 7.0% 11.8% 9.9% 12.3% Deductions from Operating Profit Interest expense 9,471 9,121 28,494 28,056 Equity-based compensation expense 1,031 1,384 4,651 3,694 Corporate expenses and other 4,345 3,680 10,340 12,196 ----- ----- ------ ------ Earnings before Income Taxes $16,392 $44,168 $89,267 $129,126 ======= ======= ======= ======== Moog Inc. CONSOLIDATED BALANCE SHEETS (dollars in thousands) June 27, September 27, 2009 2008 ---- ---- Cash $77,014 $86,814 Receivables 523,975 517,361 Inventories 475,499 408,295 Other current assets 90,403 77,915 ------ ------ Total current assets 1,166,891 1,090,385 Property, plant and equipment 454,384 428,120 Goodwill and intangible assets 839,248 635,490 Other non-current assets 42,750 73,252 ------ ------ Total assets $2,503,273 $2,227,247 ========== ========== Notes payable $28,497 $7,579 Current installments of long-term debt 10,170 1,487 Contract loss reserves 18,815 20,536 Other current liabilities 361,598 347,491 ------- ------- Total current liabilities 419,080 377,093 Long-term debt 792,581 661,994 Other long-term liabilities 235,173 193,750 ------- ------- Total liabilities 1,446,834 1,232,837 Shareholders' equity 1,056,439 994,410 --------- ------- Total liabilities and shareholders' equity $2,503,273 $2,227,247 ========== ==========

    Moog Inc.

    CONTACT: Ann Marie Luhr, +1-716-687-4225

    Web Site: http://www.moog.com/




    Verizon Communications to Report Earnings on July 27

    NEW YORK, July 24 /PRNewswire/ -- Verizon Communications Inc. will report second-quarter 2009 earnings on Monday, July 27. Verizon executives will present results on a webcast beginning 8:30 a.m. Eastern time. Access instructions and presentation materials, including Verizon's earnings release, will be available by 7:30 a.m. on Verizon's Investor Relations Web site, http://www.verizon.com/investor.

    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 Communications

    CONTACT: Bob Varettoni of Verizon Communications, +1-908-559-6388,
    robert.a.varettoni@verizon.com

    Web Site: http://www.verizon.com/investor

    Company News On-Call: http://www.prnewswire.com/comp/094251.html




    AsiaInfo to Develop Device Management Platform for China Unicom

    BEIJING and SANTA CLARA, Calif., July 24 /PRNewswire-Asia-FirstCall/ -- AsiaInfo Holdings, Inc. (the ''Company''), a leading provider of telecom software solutions and IT security products and services in China, today announced that it has signed a contract with China Unicom to build out a Device Management System (the ''system'') that will allow China Unicom to remotely diagnose and manage mobile devices.

    ''As China's telecom operators look for ways to compete more effectively in a 3G environment, improving the customer experience is a top priority,'' said Mr. Steve Zhang, AsiaInfo's president and chief executive officer. ''AsiaInfo's device management system will improve China Unicom's customer service efficiency by allowing the company's support team to remotely carry out processes such as parameter resets, patch downloads and application installation. By enabling users to download firmware updates, software upgrades and applications over the air, the system will also help promote new services and applications. We are confident that our leading software will continue to reduce workload and the cost of customer service as well as play a leading role as carriers expand from 2G standard to 3G standard, which enables image, audio and video content.

    The system can be used to configure mobile devices to match network parameters and settings, provide diagnostics and automated resolution and enable subscribers to install new applications over-the-air. By centralizing data pertaining to mobile device capabilities, the system can match mobile devices with appropriate content platforms such as WAP gateways, MMS centers, streaming media and others. China Unicom will also be able to gather, organize and analyze static and dynamic information from mobile devices, thus supporting the advanced decision-making and targeted marketing capabilities that are essential in a complicated and competitive 3G environment.

    About AsiaInfo Holdings, Inc.

    AsiaInfo Holdings, Inc. is a leading provider of high-quality telecom software solutions and IT security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.

    Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.

    For more information about AsiaInfo, please visit http://www.asiainfo.com/ . Safe Harbor Statement

    The information contained in this document is as of July 24, 2009. AsiaInfo assumes no obligation to update any forward-looking statements contained in this document as a result of new information or future events or developments.

    This document contains forward-looking information about AsiaInfo's operating results and business prospects that involve substantial risks and uncertainties. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: government telecommunications infrastructure and budgetary policy in China; our ability to maintain our concentrated customer base; the long and variable billing cycles for our products and services that can cause our revenues and operating results to vary significantly from period to period; our ability to meet our working capital requirements; our ability to retain our executive officers; our ability to attract and retain skilled personnel; potential liabilities we are exposed to because we extend warranties to our customers; risks associated with cost overruns and delays; our ability to develop or acquire new products or enhancements to our software products that are marketable on a timely and cost-effective basis; our ability to adequately protect our proprietary rights; the competitive nature of the markets we operate in; political and economic policies of the Chinese government. A further list and description of these risks, uncertainties, and other matters can be found in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008, and in our reports on Forms 10-Q and 8-K (if any) filed with the United States Securities and Exchange Commission and available at http://www.sec.gov/.

    For investor and media inquiries, please contact: In China: Sheryl Zhang AsiaInfo Holdings, Inc. Tel: +86-10-8216-6039 Email: ir@asiainfo.com Justin Knapp Ogilvy Financial, Beijing Tel: +86-10-8520-6556 Email: asia@ogilvy.com In the United States: Ms. Jessica Barist Cohen Ogilvy Financial, New York Tel: +1-646-460-9989 Email: asia@ogilvy.com

    AsiaInfo Holdings, Inc.

    CONTACT: In China: Sheryl Zhang, AsiaInfo Holdings, Inc. at
    +86-10-8216-6039 or ir@asiainfo.com; Justin Knapp, Ogilvy Financial, Beijing
    at +86-10-8520-6556 or asia@ogilvy.com; In the United States: Jessica Barist
    Cohen, Ogilvy Financial, New York at +1-646-460-9989 or asia@ogilvy.com

    Web site: http://www.asiainfo.com/




    Wabtec Reports 2Q EPS of 64 Cents, Cash from Operations of $44 Million and Updates Guidance

    WILMERDING, Pa., July 24 /PRNewswire-FirstCall/ -- Wabtec Corporation today reported its 2009 second quarter results, including the following:

    -- Earnings per diluted share were 64 cents, including a tax benefit of $9.7 million and pre-tax expenses of about $8.3 million primarily from severance and other costs related to downsizing and consolidation actions. The tax benefit resulted from the successful resolution of certain outstanding tax issues from prior years. The downsizing and consolidation actions are expected to yield $8 million in annualized cost savings. -- Sales decreased to $334 million, as 4 percent growth in the Transit Group was more than offset by lower sales in the Freight Group. Growth in Transit was mainly due to increased sales of components for subway cars, while Freight continued to be affected negatively by the global recession, which has led to sharply lower rail traffic levels. -- During the quarter, the company generated cash from operations of $44 million, or 13% of sales. At June 30, 2009, the company had cash of $121 million and debt of $352 million. -- During the quarter, Wabtec repurchased 379,700 shares of company stock for $12 million.

    Based on these results and weaker-than-expected conditions in the freight rail market, especially rail traffic and locomotive production, Wabtec updated its 2009 earnings guidance as follows: Revenues are now expected to be about 10 percent lower than in 2008, with earnings per diluted share expected to be between $2.35-$2.55. Previously, the company expected revenues to be slightly down, with EPS expected to be between $2.45-$2.75.

    Albert J. Neupaver, Wabtec's president and chief executive officer, said: "Despite operating in very difficult market conditions, we posted good results in the second quarter, with strong cash generation and solid strategic progress. Going forward this year, we expect stability in our transit operations, while the freight businesses will continue to be affected negatively by the global recession. In this environment, we will remain focused on applying lean principles and managing what we can manage in the short term -- especially reducing costs and maximizing cash generation -- while continuing to invest prudently in our long-term growth strategies."

    Wabtec (http://www.wabtec.com/) is a global provider of technology-based products and services for the freight rail and passenger transit industry. This release contains forward-looking statements, such as those regarding expectations about future earnings. Actual results could differ materially from the results suggested in any forward-looking statement. Factors that could cause or contribute to these material differences include, but are not limited to, a further economic slowdown in the markets we serve; a continued decrease in freight rail traffic; and other factors discussed in Wabtec's filings with the Securities and Exchange Commission. Wabtec assumes no obligation to update these statements or advise of changes in the assumptions on which they are based. Wabtec will conduct a conference call with analysts and investors at 10 a.m., eastern time, today. To listen via webcast, please go to http://www.wabtec.com/ and click on the "Webcasts" tab in the "Investor Relations" section.

    WABTEC CORPORATION CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2009 AND 2008 (DOLLARS IN THOUSANDS EXCEPT PER SHARE DATA) (UNAUDITED) Second Second For the For the Quarter Quarter Six Months Six Months 2009 2008 2009 2008 ---- ---- ---- ---- Net sales $334,013 $390,194 $711,973 $773,521 Cost of sales (242,380) (281,693) (513,855) (559,805) -------- -------- -------- -------- Gross profit 91,633 108,501 198,118 213,716 Gross profit as a % of Net Sales 27.4% 27.8% 27.8% 27.6% Selling, general and administrative expenses (42,346) (42,036) (81,133) (82,481) Engineering expenses (10,765) (9,631) (21,324) (19,612) Amortization expense (1,795) (912) (3,186) (1,815) ------ ---- ------ ------ Total operating expenses (54,906) (52,579) (105,643) (103,908) Operating expenses as a % of Net Sales 16.4% 13.5% 14.8% 13.4% Income from operations 36,727 55,922 92,475 109,808 Income from operations as a % of Net Sales 11.0% 14.3% 13.0% 14.2% Interest (expense) income, net (3,525) (1,293) (8,461) (2,774) Other (expense) income, net (134) (696) 255 (1,079) ---- ---- --- ------ Income from continuing operations before income taxes 33,068 53,933 84,269 105,955 Income tax expense (2,232) (20,171) (20,767) (39,680) ------ ------- ------- ------- Effective tax rate 6.7% 37.4% 24.6% 37.4% Income from continuing operations 30,836 33,762 63,502 66,275 Discontinued operations Income (loss) from discontinued operations (net of tax) - - - (3) -- -- -- -- Net income $30,836 $33,762 $63,502 $66,272 ======= ======= ======= ======= Earnings Per Common Share Basic Income from continuing operations $0.65 $0.70 $1.33 $1.36 Income from discontinued operations - - - - Net income $0.65 $0.70 $1.33 $1.36 Diluted Income from continuing operations $0.64 $0.69 $1.32 $1.35 Income from discontinued operations - - - - Net income $0.64 $0.69 $1.32 $1.35 Weighted average shares outstanding Basic 47,487 48,095 47,594 48,306 ====== ====== ====== ====== Diluted 48,013 48,655 48,088 48,924 ====== ====== ====== ====== Sales by Segment Freight Group $136,079 $199,631 $316,026 $391,397 Transit Group 197,934 190,563 395,947 382,124 ------- ------- ------- ------- Total $334,013 $390,194 $711,973 $773,521 ======== ======== ======== ========

    Wabtec Corporation

    CONTACT: Tim Wesley of Wabtec Corporation, +1-412-825-1543,
    twesley@wabtec.com

    Web Site: http://www.wabtec.com/




    Siemens Festival Nights 2009: Live Worldwide Webcasts From Bayreuth and Salzburg

    MUNICH, Germany, July 24 /PRNewswire-FirstCall/ -- The Bayreuth and Salzburg Festivals will begin on July 25. At both festivals, the Siemens Festival Nights will present operas live on large outdoor screens in perfect HD video quality and 3-D sound. At the same time, a worldwide audience will be able to watch Tristan und Isolde (Bayreuth, August 9) and Cosi fan tutte (Salzburg, July 30) via Web stream at a modest fee and view the operas for a second time, on demand, within the following two weeks.

    "The blending of artistic and technical excellence here will have a lasting overall effect," emphasized Stephan Heimbach on behalf of sponsor Siemens. The Siemens Festival Nights also demonstrate that outstanding cultural events can attract great public interest and strong support even in times of a global economic crisis.

    On Sunday, August 9, Wagner's opera Tristan und Isolde will be relayed live from the world-famous Bayreuth Festspielhaus to the city's open-air Festplatz and also presented online worldwide to broadband users in highest quality and at an affordable price. The opera will subsequently be available for a one-time on-demand viewing in the period from August 10 to August 23. Internet viewers will have the choice of three different image resolutions and also enjoy an exclusive backstage and intermission program. The webcast price of euro 14.90 includes the subsequent on-demand viewing opportunity. The Web stream will begin at 2:45 p.m. following login at: http://www.siemens.com/festivalnight. An international help desk and telephone hotline, now available daily at +49-40-646046627 and around the clock between August 8-10, offers quick and uncomplicated technical advice.

    As part of its Siemens Festival Nights program this year, Siemens will also offer a Web stream and opera-on-demand at the Salzburg Festival for the first time. The premiere of Mozart's Cosi fan tutte (production: Claus Guth) will be relayed live on July 30 and available once on-demand within the following seven days.

    Additional information: http://www.siemens.com/press/festivalnight Press contacts: Goldmann Public Relations, Dorothea Volke, Phone +49(0)89-21116413, E-mail: dvolke@goldmannpr.de Siemens AG, Karlheinz Groebmair, Phone +49(0)89-63635381, E-mail: karlheinz.groebmair@siemens.com

    Siemens AG

    CONTACT: Press contacts: Goldmann Public Relations, Dorothea Volke,
    Phone +49(0)89-21116413, E-mail: dvolke@goldmannpr.de; Siemens AG, Karlheinz
    Groebmair, Phone +49(0)89-63635381, E-mail: karlheinz.groebmair@siemens.com.




    Digital Ally, Inc. to Host Second Quarter Conference Call on July 30, 2009

    OVERLAND PARK, Kan., July 24 /PRNewswire-FirstCall/ -- Digital Ally, Inc. , which develops, manufactures and markets advanced digital technology products for law enforcement, homeland security and commercial security applications, today announced that the Company will host an investor conference call to discuss its operating results for the second quarter and first half of 2009 at 11:00 a.m. Eastern Time (EDT) on Thursday, July 30, 2009. The Company will release its operating results after the market closes on Wednesday, July 29, 2009.

    Shareholders and other interested parties may participate in the conference call by dialing 800-860-2442 (international/local participants dial 412-858-4600) and asking to be connected to the "Digital Ally, Inc. Conference Call" a few minutes before 11:00 a.m. EDT on July 30 2009. The call will also be broadcast live on the Internet at http://www.videonewswire.com/event.asp?id=60905.

    A replay of the conference call will be available one hour after the completion of the conference call from July 30, 2009 until 5:00 p.m. on Thursday, September 24, 2009 by dialing 877-344-7529 (international/local participants dial 412-317-0088) and entering the conference ID 432654.

    The call will also be archived on the Internet through August 27, 2009 at http://www.videonewswire.com/event.asp?id=60905 and on the Company's website at http://www.digitalallyinc.com/.

    About Digital Ally, Inc.

    Digital Ally, Inc. develops, manufactures and markets advanced digital technology products for law enforcement, homeland security and commercial security applications. The Company's primary development focus involves the field of Digital Video Imaging and Storage. For additional information, visit http://www.digitalallyinc.com/

    The Company is headquartered in Overland Park, Kansas, and its shares are traded on The Nasdaq Capital Market under the symbol "DGLY".

    For Additional Information, Please Contact: RJ Falkner & Company, Inc., Investor Relations Counsel at (830) 693-4400 or via email at info@rjfalkner.com

    Digital Ally, Inc.

    CONTACT: Investor Relations Counsel of RJ Falkner & Company, Inc.,
    +1-830-693-4400, info@rjfalkner.com, for Digital Ally, Inc.

    Web Site: http://www.digitalallyinc.com/




    Extreme Networks Names Telecom Industry Veteran Vish Nandlall to Role of Chief Technology OfficerFormer Nortel Carrier Networks CTO Brings Depth of Experience and Visionary Accomplishments to Ethernet Leader

    SANTA CLARA, Calif., July 24 /PRNewswire-FirstCall/ -- Extreme Networks, Inc. today announced that it has appointed Vish Nandlall to the position of Chief Technology Officer.

    Mr. Nandlall has a distinguished career in the networking arena, with more than 15 years of experience in creating technology vision, implementing strategy and technical development of scalable IP networks, wireless technologies and VoIP. Mr. Nandlall previously served as chief technology officer for Nortel's Carrier Networks division, overseeing the technology vision for the company's successful Wireless and in Carrier VoIP Applications businesses.

    "Vish Nandlall has an impressive depth of expertise and will greatly assist Extreme Networks as we continue to develop cutting-edge and cost-effective Ethernet portfolios designed specifically for the needs of carriers and large enterprises," said Mark Canepa, president and CEO of Extreme Networks. "Vish brings a bold vision for connecting next-generation networks using Ethernet and the industry experience to drive our solution offerings."

    In addition to his role as CTO for Carrier Networks at Nortel, Nandlall has served in various technical leadership roles, as the chief architect for Nortel's CDMA technologies and lead architect for Metro DWDM. He is also a key figure in networking standards bodies that drive next-generation networking and communications, including, the IETF, 3GPP, 3GPP2 and as a board member for ATIS.

    Nandlall holds a BSC Engineering, First Division, Electrical Engineering, from the University of New Brunswick.

    About Extreme Networks, Inc.

    Extreme Networks provides converged Ethernet networks that support data, voice and video for enterprises and service providers. The company's network solutions feature high performance and high availability switching that deliver insight and control enabling customers to solve their real-world business communications challenges. Operating in more than 50 countries, Extreme Networks provides wired and wireless secure LANs, data center infrastructure and Service Provider Ethernet transport solutions that are complemented by global, 24x7 service and support. For more information, visit: http://www.extremenetworks.com/.

    This announcement contains forward-looking statements that involve risks and uncertainties, including statements regarding future performance. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including, but not limited to: fluctuations in demand for the Company's products and services; a highly competitive business environment for network switching equipment; its effectiveness in controlling expenses, the possibility that the Company might experience delays in the development of new technology and products; customer response to its new technology and products; the timing of any recovery in the global economy; risks related to pending or future litigation, and a dependency on third parties for certain components and for the manufacturing of the Company's products. The Company undertakes no obligation to update the forward-looking information in this release. More information about potential factors that could affect the Company's business and financial results is included in its filings with the Securities and Exchange Commission, including, without limitation, under the captions: "Management's Discussion and Analysis of Financial Condition and Results of Operations," and "Risk Factors."

    Extreme Networks is a trademark or registered trademark of Extreme Networks, Inc. in the United States and/or other countries.

    Extreme Networks, Inc.

    CONTACT: Greg Cross, Extreme Networks Public Relations, +1-408-579-3483,
    gcross@extremenetworks.com

    Web Site: http://www.extremenetworks.com/




    Verizon Wireless Reports Solid 2Q 2009 Growth of 1.1 Million New Customers

    BASKING RIDGE, N.J., July 24 /PRNewswire/ -- Verizon Wireless today announced second-quarter 2009 net customer additions of 1.1 million.

    At the end of the quarter, the company had 87.7 million customers, including 85.2 million retail customers, which are those it directly serves and manages, and who choose the Verizon Wireless brand. More customers use the Verizon Wireless brand than any other wireless brand in the U.S.

    Verizon Wireless has the most reliable coast-to-coast wireless voice and data network, including the largest 3G broadband wireless network - key in attracting new customers and earning the loyalty of existing customers. The company consistently has had the highest loyalty level in the industry, as measured by the rate of customer churn.

    Further details about Verizon Wireless' financial and operational results for the quarter will be reported when Verizon Communications announces its consolidated quarterly results on July 27. Verizon Wireless is a joint venture of Verizon Communications and Vodafone Group plc (NYSE and LSE: VOD), which earlier today reported key performance indicators, including its proportionate share of Verizon Wireless net customer additions.

    About Verizon Wireless

    Verizon Wireless operates the nation's most reliable and largest wireless voice and data network, serving 87.7 million customers. Headquartered in Basking Ridge, N.J., with more than 87,000 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.

    NOTE: This news release contains statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The following important factors could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: the effects of adverse conditions in the U.S. and international economies; the effects of competition in our markets; materially adverse changes in labor matters, including workforce levels and labor negotiations, and any resulting financial and/or operational impact, in the markets served by us or by companies in which we have substantial investments; the effect of material changes in available technology; any disruption of our suppliers' provisioning of critical products or services; significant increases in benefit plan costs or lower investment returns on plan assets; the impact of natural or man-made disasters or existing or future litigation and any resulting financial impact not covered by insurance; technology substitution; an adverse change in the ratings afforded our debt securities by nationally accredited ratings organizations or adverse conditions in the credit markets impacting the cost, including interest rates, and/or availability of financing; any changes in the regulatory environments in which we operate, including any loss of or inability to renew wireless licenses, and the final results of federal and state regulatory proceedings and judicial review of those results; changes in our accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings; our ability to complete acquisitions and dispositions; our ability to successfully integrate Alltel Corporation into Verizon Wireless' business and achieve anticipated benefits of the acquisition; and the inability to implement our business strategies.

    Verizon Wireless

    CONTACT: Nancy Stark, Verizon Wireless, +1-908-559-7520,
    Nancy.Stark@verizonwireless.com

    Web Site: http://www.verizonwireless.com/

    Company News On-Call: http://www.prnewswire.com/comp/094251.html




    SourceForge Announces Winners of Fourth Annual Community Choice AwardsRecord number of nominations, votes drive this year's awards

    MOUNTAIN VIEW, Calif., July 24 /PRNewswire-FirstCall/ -- SourceForge Inc. , sourceforge.com, the global online network for community-driven technology media and e-commerce, today announced the winners of the 2009 SourceForge Community Choice Awards. Now in its fourth year, the Community Choice Awards received the highest number of nominations to date from its community, with more than 47,000 members nominating 4,875 projects.

    "The community rocked this year's awards with more than 185,000 votes, completely blowing last year's vote total out of the water," said Ross Turk, Director of Community at SourceForge. "Since its inception, the Community Choice Awards strive to honor the best in open source and capture the collaborative spirit that defines the open source industry."

    Grabbing top honors in four of the 12 categories, including Best Project, PortableApps.com was the big winner of the night.

    The 2009 Community Choice Awards winners are: -- Best Commercial Open Source Project: PortableApps.com (portableapps.com) -- Best New Project: Eeebuntu (eeebuntu.org) -- Best Project: PortableApps.com (portableapps.com) -- Best Project for Academia: XMind (xmind.net) -- Best Project for Gamers: ScummVM (scummvm.org) -- Best Project for Government: OpenOffice.org (openoffice.org) -- Best Project for Multimedia: Audacity (audacity.sourceforge.net) -- Best Project for the Enterprise: Firebird (firebirdsql.org) -- Best Tool or Utility for Developers: Notepad++ (notepad-plus.sourceforge.net) -- Best Tool or Utility for SysAdmins: phpMyAdmin (phpmyadmin.net) -- Best Visual Design: PortableApps.com (portableapps.com) -- Most Likely to Change the Way You Do Everything: PortableApps.com (portableapps.com)

    SourceForge.net members voted from June 22 through July 20 by visiting http://www.sourceforge.net/cca09. The winners were announced at an exclusive event during the week of the Open Source Convention (OSCON) in San Jose, California. Held at the Agenda Lounge, the Community Choice Awards was attended by SourceForge community members, OSCON attendees and fans of open source, in person and online. In addition to announcing the winners, the event featured music, drinks, giveaways from ThinkGeek, retro games, free tech-related tattoos and more.

    About SourceForge

    SourceForge's media and e-commerce web sites connect millions of influential technology professionals and enthusiasts each day. Combining user-developed content and e-commerce, SourceForge is the global technology community's nexus for information exchange, goods for geeks, and open source software distribution and services. SourceForge's network of web sites serves 35 million unique visitors each month* and includes: SourceForge.net, Slashdot, ThinkGeek, Fossfor.us, Ohloh.net and freshmeat.net. For more information or to view our media kit online, visit http://www.sourceforge.com/. (*Source: Google Analytics, Coremetrics and Omniture, June 2009.)

    SourceForge, SourceForge.net, Slashdot, freshmeat, and ThinkGeek are registered trademarks of SourceForge, Inc. in the United States and other countries. All other trademarks or product names are property of their respective owners.

    SourceForge, Inc.

    CONTACT: Matt Wolpin of Airfoil PR, +1-650-691-7307,
    wolpin@airfoilpr.com, for SourceForge, Inc.

    Web Site: http://www.sourceforge.com/




    Get Your Zen On at the MicroSpa at BlogHerMicrosoft Office MicroSpa outfitted with plush places to put your feet up, blog, tweet and take a sneak peek at Microsoft Office 2010.

    CHICAGO, July 24 /PRNewswire-FirstCall/ -- What: MicroSpa at BlogHer Conference

    Today from the BlogHer Conference in Chicago, Microsoft Corp. is providing women bloggers with a glimpse into life with Microsoft Office 2010. Imagine it -- tech-savvy women will be able to access their blogs, projects and homework the way they want to. They will access and share documents from virtually anywhere -- the soccer field, the grocery store or the local coffee shop -- through the phone, browser or PC.* They will bring new ideas to life via new features such as multimedia editing in Microsoft PowerPoint 2010, co-authoring in Microsoft Word 2010 and Sparklines in Microsoft Excel 2010.

    "Microsoft Office helps bloggers achieve their small-business dreams, accomplish career ambitions, connect with customers, share with other bloggers and keep their families organized," said Louise Rasho, senior marketing communications manager for Microsoft Office Live. "With Office 2010, bloggers have everything they need to manage career, school and family at their fingertips with a laptop, phone or browser."

    Conferences can wear out even the heartiest Type-A personalities. So, Microsoft Office is hosting the MicroSpa at the BlogHer Conference in the Missouri Room at the Sheraton Hotel and Towers. On Friday, July 24, and Saturday, July 25, conference attendees can register to relax and refresh with one of three spa treatments: a back massage, hand reflexology or makeup artistry.

    Outfitted with comfortable spaces to unwind, blog, tweet or indulge in a feast of fruit, hors d'oeuvres, pastries and sparkling wine, the MicroSpa provides an oasis for women to treat themselves and connect with other bloggers in person or online. Tech support will be on hand, should laptops or devices start to sputter or spark. Office aficionados can follow Microsoft Office at BlogHer on Twitter: @Office_Live, #MicroSpa.

    When: July 24-25, 2009, 9 a.m.-6 p.m. Where: Missouri Room, Sheraton Hotel and Towers, Chicago

    Registration: Conference attendees may register for a 15-minute professional spa treatment at the MicroSpa by sending e-mail to MicroSpa-rsvp@waggeneredstrom.com with a preferred date and time (Friday, July 24, or Saturday, July 25, both days from 9 a.m.-4 p.m.) and spa treatment preference. Spa appointments end at 4 p.m. but the MicroSpa remains open until 6 p.m. each day.

    More on Office 2010: Earlier this month, Microsoft announced that Microsoft Office 2010 reached the Technical Preview engineering milestone. More information on Office 2010 and registration for the Technical Preview program wait list is available at http://www.microsoft.com/office/2010.

    * An appropriate device, Internet connection, and Internet Explorer, Firefox, or Safari browser are required. Some mobile functionality requires Office Mobile 2010, which is not included in Office 2010 applications, suites or Web Apps.

    This information is about pre-release software and therefore is subject to change. It is provided without warranty of any kind, express or implied.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)

    Photo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
    AP Archive: http://photoarchive.ap.org/
    PRN Photo Desk photodesk@prnewswire.com Microsoft Corp.

    CONTACT: Krista Ulatowski, +1-425-638-7000,
    kulatowski@waggeneredstrom.com, or Rapid Response Team, +1-503-443-7070,
    rrt@waggeneredstrom.com, both of Waggener Edstrom Worldwide, for Microsoft

    Web Site: http://www.microsoft.com/

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