Companies news of 2009-09-01 (page 1)
Bob Foster to Lead Lloyd's Strategy for Crawford & Company
Eaton Vance Limited Duration Income Fund Declares Monthly Distribution
SAIC Awarded Contract to Support Department of Homeland Security, Federal Emergency...
Arbinet Announces CFO Transition Plan
The Hanover Insurance Group to Present at the Keefe, Bruyette & Woods Insurance Conference
DivX Acquires AnySource Media, Creator of On-Demand Internet Television...
SkyWest Chairman and CEO, Jerry C. Atkin Celebrates 35 Years of Service
Susser Holdings Completes Acquisition of 25 Convenience Stores in Texas and Louisiana
Flow International Successfully Amends Senior Credit Facility
CA, Inc. CEO John A. Swainson Announces Plans to Retire by End of 2009Company Re-Affirms...
FDA Clears Hologic's MammoSite(R) ML Radiation Therapy System for the Treatment of...
Pike Electric Reports Fourth Quarter and Full Fiscal Year 2009 Results-Fiscal year 2009...
Air Products Acquires New Texas Hydrogen Production Facility from MarkWest Energy...
United Therapeutics Corporation Announces Stock Split To Be Effected as a Stock Dividend
American Woodmark Corporation Announces Cash Dividend
Eaton Vance Senior Income Trust Declares Monthly Distribution
Eaton Vance Credit Opportunities Fund Declares Monthly Distribution
Federal, State, and Local Officials Seek Approval for Catskills Casinos
AT&T Strengthens 3G Wireless Coverage in ConnecticutDeployment of 850 MHz Spectrum for 3G...
Milestone Scientific Announces Key Leadership ChangesDirector Leslie Bernhard Appointed as...
Hosting.com Introduces vCloud Express - An On-Demand, Pay-As-You-Go Cloud Computing...
Bob Foster to Lead Lloyd's Strategy for Crawford & Company
Standard & Poor's Reports August 2009 Index Returns
General Dynamics NASSCO Delivers USNS Wally Schirra
We Energies Plans Biomass Plant at Domtar Rothschild Mill Site50-megawatt renewable energy...
Residents Near Beulah, Glen Ullin and Halliday, North Dakota, to Benefit From Verizon...
Affitech élit le Dr Robert Burns comme PDG et le Dr Alexander Duncan comme vice-président...
Microsoft offre un aperçu technologique communautaire de Windows Embedded Standard 2011...
Lockheed Martin Air Traffic Management Automation System for Republic of Kazakhstan...
Bob Foster to Lead Lloyd's Strategy for Crawford & Company
ATLANTA, September 1 /PRNewswire/ --
Well-known insurance industry executive Bob Foster has joined Crawford &
Company (NYSE: CRDA; CRDB), the world's largest independent provider of
claims management solutions, to direct strategy for its relationship with
Lloyd's of London, the company announced today.
"Bob has been a leading proponent of change and development in the
insurance industry worldwide for many years," said Jeffrey T. Bowman,
Crawford's president and chief executive officer. "Under his chairmanship,
the Lloyd's Market Claims Committee made substantial progress towards the
transformation of claims management processes. With his expertise and market
knowledge, we expect him to be a great asset in implementing our strategic
plan for the Lloyd's London market."
Foster recently retired as group director of claims at Brit Insurance, an
international general insurance and reinsurance group specializing in
commercial insurance, after holding that position since 2003.
Born and raised in Manchester, England, Foster began his career as a
chartered surveyor working on industrial valuations. After serving in that
capacity for 10 years, he joined the Thomas Howell Group as a junior loss
adjuster. He remained there for 22 years, working his way up to the position
of chief operating officer and then chief executive officer in 1994.
After leaving Thomas Howell, Foster became a consultant and carried out
many high-profile international assignments, including performing United
Nations compensation work after the Iraqi invasion of Kuwait and corporate
work in Eastern Europe and Scandinavia, before joining Brit.
About Crawford
Based in Atlanta, Georgia, Crawford & Company
(www.crawfordandcompany.com) is the world's largest independent provider of
claims management solutions to the risk management and insurance industry as
well as self-insured entities, with a global network of more than 700
locations in 63 countries. The Crawford System of Claims Solutions(SM) offers
comprehensive, integrated claims services, business process outsourcing and
consulting services for major product lines including property and casualty
claims management, workers' compensation claims and medical management, and
legal settlement administration. The Company's shares are traded on the NYSE
under the symbols CRDA and CRDB.
Crawford & Company
Stephanie Zercher of Crawford & Company, +1-404-300-1908, stephanie_zercher@us.crawco.com
Eaton Vance Limited Duration Income Fund Declares Monthly Distribution
BOSTON, Sept. 1 /PRNewswire-FirstCall/ -- Eaton Vance Limited Duration Income Fund (NYSE Amex: EVV), a closed-end management investment company, today declared a monthly distribution of $0.1083 per common share. As portfolio and market conditions change, the rate of future distributions may change. The distribution is expected to be paid on September 17, 2009, to shareholders of record on September 10, 2009. The ex-dividend date is September 8, 2009.
At this time the Fund believes that a portion of the September distribution may be comprised of amounts from sources other than net investment income. If that is the case, you will be notified in writing. Further information will be available prior to the payment date at individuals.eatonvance.com. The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.
The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. , based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $143.7 billion in assets as of July 31, 2009, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit http://www.eatonvance.com/.
Eaton Vance Management
CONTACT: Investor Contact: +1-800-262-1122
Web Site: http://www.eatonvance.com/
SAIC Awarded Contract to Support Department of Homeland Security, Federal Emergency Management Agency (FEMA)Company to Provide Operations and Maintenance Support to FEMA's Chief Information Officer and Information Technology Division
SAN DIEGO and MCLEAN, Va., Sept. 1 /PRNewswire-FirstCall/ -- Science Applications International Corporation today announced it has been awarded a prime contract by the Department of Homeland Security, Federal Emergency Management Agency (FEMA) to provide operations and maintenance support to FEMA's chief information officer and Information Technology Division (ITD). The multiple award, indefinite-delivery/indefinite-quantity contract has a one year base period of performance, four one-year options and a $500 million contract ceiling for all awardees. Work will be performed primarily in the National Capital Region.
FEMA works to reduce loss of life and property, and protect the Nation from all hazards, including natural disasters and acts of terrorism. The agency uses a complex suite of information technology (IT) systems and services to meet these demanding mission requirements. FEMA's ITD is responsible for operation and maintenance of these IT systems and services, and must operate at the highest level of performance, and be available and reliable at all times. Under the contract, SAIC will provide services in support of the ITD including systems maintenance and sustainment; network operations and help desk support; and hardware installation. SAIC will also help consolidate FEMA's network services.
"We look forward to providing services that will help enable FEMA to rapidly respond to hazards with a reliable, secure and stable network, "said Doug Wagoner, SAIC senior vice president and business unit general manager. "Knowing that SAIC's support will be translated directly to fellow Americans in times of disaster makes this work a noble contribution to the National welfare."
About SAIC
SAIC is a FORTUNE 500 scientific, engineering and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit http://www.saic.com/.
SAIC: From Science to Solutions
Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2009, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.
Contact: Melissa Koskovich Laura Luke
(703) 676-6762 (703) 676-6533
Melissa.l.koskovich@saic.com laura.luke@saic.com
SAIC
CONTACT: Melissa Koskovich, +1-703-676-6762, Melissa.l.koskovich@saic.com, or Laura Luke, +1-703-676-6533, laura.luke@saic.com
Web Site: http://www.saic.com/
Arbinet Announces CFO Transition Plan
NEW BRUNSWICK, N.J., Sept. 1 /PRNewswire-FirstCall/ -- Arbinet Corporation (NasdaqGM: ARBX), a leading provider of innovative voice and IP solutions for buying and selling telecommunications capacity, today announced that John "Jack" Wynne, Jr. will leave his position as Chief Financial Officer of the Company effective November 15, 2009. To ensure a smooth transition, Mr. Wynne has agreed to stay on as a consultant through March 2010 as Arbinet's Board of Directors conducts a search to identify qualified candidates to fill the CFO position on a permanent basis.
Shawn O'Donnell, President and Chief Executive Officer of Arbinet stated, "On behalf of the Arbinet Board and management team, we thank Jack for his many contributions to Arbinet over the last three years. Jack has played an integral role in our efforts to streamline the business and position the Company for future success. We appreciate his willingness to remain with the Company as we search for his successor, and we wish him every success in his future endeavors."
About Arbinet Corporation
Arbinet is a leading provider of international voice and IP solutions to carriers and service providers globally. With more than 1100 carriers across the world utilizing the Arbinet network, Arbinet combines global scale with sophisticated platform intelligence, call routing and industry leading credit management and settlement capabilities. Customers and suppliers include many leading fixed line, mobile, wholesale and VoIP carriers as well as calling card, ISPs and content providers around the world who buy and sell voice and IP telecommunications capacity and content. The Company can be reached at its corporate headquarters in New Brunswick, NJ at +1.732.509.9100 or by email at sales@arbinet.com.
Forward-Looking Statements
This press release contains forward-looking statements regarding anticipated future revenues, growth, capital expenditures, management's future expansion plans, expected product and service developments or enhancements, and future operating results. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as: "believes," "expects," "may," "will," "optimistic", "should" or "anticipates," or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Various important risks and uncertainties may cause Arbinet's actual results to differ materially from the results indicated by these forward-looking statements, including, without limitation: members (in particular, significant trading members) not trading on our exchange or utilizing our new and additional services (including DirectAxcess(SM), PrivateExchange(SM), AssuredAxcess(SM) and PeeringSolutions(SM)); continued volatility in the volume and mix of trading activity; our uncertain and long member enrollment cycle; the failure to manage our credit risk; failure to manage our growth; pricing pressure; investment in our management team and investments in our personnel; regulatory uncertainty; system failures, human error and security breaches that could cause Arbinet to lose members and expose it to liability; Arbinet's ability to obtain and enforce patent protection for our methods and technologies; losses in efficiency due to cost cutting and restructuring initiatives; decreased trading volumes due to our efforts to increase call quality on our exchange; economic conditions and volatility of financial markets, and the impact they may have on Arbinet and our customers; and disruption or uncertainty resulting from recent changes in senior management. For a further list and description of the risks and uncertainties the Company faces, please refer to Part I, Item 1A of the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 16, 2009, and other filings that have been filed with the Securities and Exchange Commission. Arbinet assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise and such statements are current only as of the date they are made.
Contacts:
Andrea Priest / Andi Salas
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
Arbinet Corporation
CONTACT: Andrea Priest, or Andi Salas, both of Joele Frank, Wilkinson Brimmer Katcher, for Arbinet, +1-212-355-4449
The Hanover Insurance Group to Present at the Keefe, Bruyette & Woods Insurance Conference
WORCESTER, Mass., Sept. 1 /PRNewswire-FirstCall/ -- Frederick H. Eppinger, chief executive officer at The Hanover Insurance Group, Inc. , is scheduled to speak at the Keefe, Bruyette & Woods Insurance Conference on Wednesday, September 9 at 10:20 a.m. EDT.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051031/NEM023LOGO )
The presentation will be broadcast live through The Hanover's Web site at http://www.hanover.com/.
Those who would like to listen to the presentation should go to the Web site 15 minutes prior to the start to register, download, and install any necessary audio software.
A replay of the event will be available on The Hanover Web site for 90 days, starting the day following the conclusion of the meeting.
Forward-Looking Statement
Certain statements made during this presentation may constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation and Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including those discussed in the Company's annual report and other documents on file with the Securities and Exchange Commission.
About The Hanover
The Hanover Insurance Group, Inc. , based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester; Citizens Insurance Company of America, headquartered in Howell, Mich., and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents, and has been meeting its obligations to its agent partners and their customers for more than 150 years. Taken as a group, The Hanover ranks among the top 30 property and casualty insurers in the United States. For more information, please visit http://www.hanover.com/.
Contacts:
Investors: Media:
Oksana Lukasheva Michael F. Buckley
(508) 855-2063 (508) 855-3099
E-mail: olukasheva@hanover.com E-mail: mibuckley@hanover.com
Photo: http://www.newscom.com/cgi-bin/prnh/20051031/NEM023LOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
The Hanover Insurance Group, Inc.
CONTACT: Investors, Oksana Lukasheva, +1-508-855-2063, olukasheva@hanover.com; Media, Michael F. Buckley, +1-508-855-3099, mibuckley@hanover.com, both of The Hanover Insurance Group, Inc.
Web Site: http://www.hanover.com/
DivX Acquires AnySource Media, Creator of On-Demand Internet Television PlatformAnySource's streaming platform accelerates DivX's development of turn-key Internet TV solution
SAN DIEGO and MALVERN, Pa., Sept. 1 /PRNewswire-FirstCall/ -- DivX, Inc. , a digital media company, today announced it has acquired AnySource Media LLC, creator of a leading Internet Television streaming platform that allows users to directly connect their TV to a wide variety of content and services on the Internet, enabling hundreds of virtual on-demand channels.
(Logo: http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO)
"Internet TV will transform the landscape for media distribution and advertising as we know it," stated Kevin Hell, Chief Executive Officer, DivX, Inc. "The AnySource streaming platform combined with our high-quality device certification program and our deep relationships with both consumer electronics companies and Hollywood studios puts us in an enviable position in this rapidly emerging market. We look forward to bringing these two great teams together to realize our open, consumer-focused vision for digital media as it moves to a connected world."
Based in Malvern, PA, AnySource Media has developed a software solution that can support e-commerce transactions and enable rapid navigation and seamless playback of hundreds of virtual on-demand channels directly via HDTVs, Blu-ray disc players and other consumer electronics devices such as mobile phones. The AnySource Internet Video Navigator(TM) enables online video on a living room TV and easy access to Internet-based videos, music, photos, games and data content at the touch of a button through a standard remote control.
"AnySource is a solid strategic complement to DivX," said Mike Harris, Chief Executive Officer and co-founder, AnySource Media, and who has joined the DivX management team reporting to Kevin Hell. "We are very excited to join DivX to redefine the TV viewing experience for millions of consumers, leveraging DivX's technology and vast ecosystem which now includes more than 200 million DivX devices shipped into the market."
Total consideration for the acquisition is $7.5 million, paid in cash at closing, and additional cash payments up to $7.5 million payable over three years upon the achievement of certain technical, and revenue and distribution milestones.
"The acquisition of AnySource's technology platform and the addition of their talented team advance our development schedule by at least one year," said Dan Halvorson, Executive Vice President and Chief Financial Officer. "For the remainder of 2009, the acquisition will increase our headcount and integration costs by approximately $1.3 million, or $0.02 per diluted share, net of taxes."
About DivX
DivX, Inc. is a digital media company that enables consumers to enjoy a high-quality video experience across any kind of device. DivX creates, distributes and licenses digital video technologies that span the "three screens" comprising today's consumer media environment--the PC, the television and mobile devices. Over 200 million DivX devices have shipped into the market from leading consumer electronics manufacturers. DivX also offers content providers and publishers a complete solution for the distribution of secure, high-quality digital video content. Driven by a globally recognized brand and a passionate community of hundreds of millions of consumers, DivX is simplifying the video experience to enable the digital home. For more information, please visit http://www.divx.com/.
About AnySource
AnySource Media is the creator of Internet Video Navigator(TM), a part of its Internet Television platform, which allows the television set to be directly connected to the Internet. The Malvern, PA - based company produces software that can be embedded directly into HDTVs and other consumer electronics devices with a data center back-end to support easy and fast TV navigation and e-commerce transactions, as well as content and data aggregation deals for consumer electronic devices. For more information, please visit http://www.anysource.com/
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding the anticipated benefits of the acquisition of AnySource Media LLC to DivX, its customers and shareholders, activities expected to occur in connection with the acquisition, the anticipated utilization of AnySource Media products and technology following the acquisition, the ability of AnySource Media products and technology to increase the Company's market opportunity and accelerate penetration of key emerging products, and the potential impact of the acquisition on earnings. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivX's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to: risks related to the integration of AnySource Media technology with the Company's products; risks related to the implementation of the acquisition; risks related to any uncertainty surrounding the acquisition; risks associated with any disruption to the Company as a result of the acquisition; risks that the expected financial effect of the acquisition may not be realized; risks that the expected customer benefits may not be realized and risks associated with the operation of the business in general; risks that the anticipated benefits of the acquisition may not materialize to the extent expected, or at all; the risk that anticipated market opportunities may not materialize at expected levels, or at all; risks and uncertainties related to the maintenance and strength of the DivX brand; the risk that customer use of DivX technology may not grow as anticipated; the risk that the Company's activities may not result in the growth of profitable revenue; risks associated with DivX's ability to penetrate existing and new markets; risks regarding the effects of competition; the risk of DivX's dependence on its licensees and partners; risks related to the effect of intellectual property rights claims; and other factors discussed in the "Risk Factors" section of DivX's most recent report filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement. DivX is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
Photo: http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
DivX, Inc.
CONTACT: Media, Jennifer Baumgartner, +1-503-901-5371, jbaumgartner@divxcorp.com, or Investors, Karen Fisher, +1-858-882-6415, kfisher@divxcorp.com, both of DivX, Inc.
Web Site: http://anysourcemedia.com/
SkyWest Chairman and CEO, Jerry C. Atkin Celebrates 35 Years of Service
ST. GEORGE, Utah, Sept. 1 /PRNewswire/ -- SkyWest Airlines, a subsidiary of SkyWest, Inc. , today celebrates the 35 year anniversary of Chairman and CEO Jerry Atkin. More than 10,000 employees at SkyWest Airlines are joining in a day's festivities, themed "A Little Better Every Day," one of Atkin's own mantras, in tribute to the leader who began his SkyWest career as Director of Finance in 1974.
"Making constant improvements to everything we do - even if those improvements are small - has brought us success in the past, and it will continue to bring success in the future," said Atkin.
Ask any of the 10,000 or so SkyWest employees about Jerry C. Atkin, and you'll likely hear a specific example of how their long-time leader has made them feel appreciated. He consistently remembers names and job responsibilities and unfailingly thanks individuals for "everything they are doing." As he travels throughout the SkyWest system, Jerry Atkin always shows concern for employees and the people they serve, as evidenced in thoughts about their long-time leader shared by employees:
"SkyWest culture is still a family culture because of the people that work here, and it all starts at the top with Jerry," said regional chief flight attendant Laralee Anderson. "He sets that example for others and it shows!"
"Jerry has always been known for his approachability and genuine interest in SkyWest people," continued Steve Black, director - stations. "He clearly values everyone's role within the airline, and appears honored to be a part of helping to create and sustain so many opportunities and successes for so many people."
"Jerry has done a lot of great things in 35 years, and I think he instills a continued optimism and desire for improvement in all of SkyWest's people," said Chip Childs, SkyWest Airlines President and COO. "SkyWest is very fortunate to have Jerry's leadership - there are really very few who have done so much for one company."
In 1975, Atkin became the youngest president of a scheduled airline at age 26, though he continued to write tickets, fuel airplanes and load bags even then. From the airline's humble beginnings through the company's immense growth, Jerry has built a team of leaders who have positioned SkyWest as the industry's premier regional airline. He credits much, if not all of the airline's success to its people.
Jerry and his wife Carolyn live in St. George, Utah and have four children.
SkyWest Airlines is the world's largest independently-owned regional airline. SkyWest Airlines has been named Regional Airline of the Year twice by Air Transport World magazine and was awarded the Federal Aviation Administration's AMT Gold Award for maintenance training in 2004, 2005 and 2008, and the AMT Diamond award in 2006. SkyWest was also named the Number One On-Time Mainland Airline in the United States by the Department of Transportation for 2003, 2004 and 2005, years in which it served more than 40 million passengers. In 2007 and 2008 SkyWest was named Bombardier's most reliable CRJ200 Operator in the Americas. System-wide, SkyWest employs more than 10,500 aviation professionals and serves a total of 153 cities in 40 states, seven Canadian provinces and two Mexico cities with more than 1,600 daily departures. Under the SkyWest, Inc. umbrella, Atlantic Southeast Airlines and SkyWest Airlines form the world's largest regional airline alliance.
SkyWest Airlines
CONTACT: Corporate Communications of SkyWest Airlines, +1-435-634-3548, +1-435-705-2989
Susser Holdings Completes Acquisition of 25 Convenience Stores in Texas and Louisiana
CORPUS CHRISTI, Texas, Sept. 1 /PRNewswire-FirstCall/ -- Susser Holdings Corporation today announced that it has completed the previously disclosed acquisition of 25 convenience stores located in Texas and Louisiana.
Susser acquired the stores from Jack in the Box Inc., and each location is co-branded with a Jack in the Box restaurant, all of which are being retained by Jack in the Box Inc.
The acquisition includes leaseholds for 24 stores and the real estate underlying one property. Twenty-three stores are located across Texas, and two are in Louisiana.
Of the 25 stores, it is anticipated that four to seven of the Texas stores will be operated by Susser's retail segment and will be rebranded to Susser's proprietary Stripes brand. It is also anticipated that the remaining 18 to 21 stores will be operated by independent dealers under long-term sublease and fuel supply agreements with Susser's wholesale fuel division. Sixteen of the 21 stores have already been converted to the dealer operation, including the one fee property.
"This transaction underscores the strategic importance of having a strong wholesale fuel business along with the retail platform," said Sam L. Susser, Susser Holdings President and Chief Executive Officer.
The transaction was funded with cash and is expected to be immediately accretive to earnings. Terms were not disclosed.
Corpus Christi, Texas-based Susser Holdings Corporation is a third-generation family led business that operates more than 520 convenience stores in Texas, New Mexico and Oklahoma under the Stripes and Town & Country banners. Restaurant service is available in 300 of its stores, primarily under the proprietary Laredo Taco Company and Country Cookin' brands. The Company also supplies branded motor fuel to approximately 375 independent dealers through its wholesale fuel division.
Forward-Looking Statements
This news release contains "forward-looking statements" describing Susser's objectives, targets, plans, strategies, costs, anticipated capital expenditures, expansion of our food service offerings, potential acquisitions and new store openings and dealer locations. These statements are based on current plans and expectations and involve a number of risks and uncertainties that could cause actual results and events to vary materially, including but not limited to: competition from other convenience stores, gasoline stations, dollar stores, drug stores, supermarkets, hypermarkets and other wholesale fuel distributors; changes in economic conditions; volatility in energy prices; political conditions in key crude oil producing regions; wholesale cost increases of tobacco products; adverse publicity concerning food quality, food safety or other health concerns related to our restaurant facilities; consumer or other litigation; consumer behavior, travel and tourism trends; devaluation of the Mexican peso or restrictions on access of Mexican citizens to the U.S.; unfavorable weather conditions; changes in state and federal regulations; dependence on one principal supplier for merchandise, two principal suppliers for gasoline and one principal provider for transportation of substantially all of our motor fuel; financial leverage and debt covenants; changes in debt ratings; inability to identify, acquire and integrate new stores; dependence on senior management; acts of war and terrorism; and other unforeseen factors. For a full discussion of these and other risks and uncertainties, refer to the "Risk Factors" section of the Company's annual report on Form 10-K for the year ended December 28, 2008 and subsequent quarterly filings on Form 10-Q. These forward-looking statements are based on and include our estimates as of the date hereof. Subsequent events and market developments could cause our estimates to change. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if new information becomes available, except as may be required by applicable law.
SUSS-IR
Contacts: Susser Holdings Corporation
Mary Sullivan, Chief Financial Officer
(361) 693-3743, msullivan@susser.com
DRG&E
Ken Dennard, Managing Partner
(713) 529-6600, ksdennard@drg-e.com
Anne Pearson, Senior Vice President
(210) 408-6321, apearson@drg-e.com
Susser Holdings Corporation
CONTACT: Mary Sullivan, Chief Financial Officer of Susser Holdings Corporation, +1-361-693-3743, msullivan@susser.com; or Ken Dennard, Managing Partner, +1-713-529-6600, ksdennard@drg-e.com, or Anne Pearson, Senior Vice President, +1-210-408-6321, apearson@drg-e.com, both of DRG&E, for Susser Holdings Corporation
Web Site: http://www.susser.com/
Flow International Successfully Amends Senior Credit Facility
KENT, Wash., Sept. 1 /PRNewswire-FirstCall/ -- Flow International Corporation , the world's leading developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, today announced that it has entered into an amendment to its existing $40 million, two-year revolving senior secured credit facility.
The amendment revises the facility's quarterly financial covenants to provide terms that will give the Company additional flexibility starting in its first fiscal quarter (ended July 31, 2009) and throughout the remaining two years of the facility. The revisions eliminate the covenant requiring Flow to maintain a trailing four quarter adjusted EBITDA level of $8 million. The other revisions to the quarterly financial covenants include:
-- An increase in the total debt to adjusted EBITDA leverage ratio,
ranging from 3.50 to 2.75 during the next five quarters and 2.50
thereafter, as compared to a range of 2.85 to 2.00 under the prior
covenants.
-- An improvement to the ratio of fixed debt related payments to adjusted
EBITDA, ranging from 1.2 to 2.0, as compared to 3.0 under the prior
covenants.
-- The addition of an asset-based liquidity ratio that each quarter
adjusts the allowed total debt outstanding based on a percentage of
its accounts receivable and inventory.
Interest on the credit facility is based on its current leverage ratio, up to a maximum rate of LIBOR plus 4.5%. All changes after the first quarter of fiscal year 2010 are conditioned on the Company raising at least $10 million in equity financing by October 31, 2009, the proceeds of which the Company plans to use to pay down the outstanding balance under the senior credit facility.
About Flow International
Flow International Corporation is the world's leading developer and manufacturer of ultrahigh-pressure waterjet cutting technology to industries including automotive, aerospace, job shop, surface preparation, and more. For more information, visit http://www.flowcorp.com/.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make an offer, solicitation or sale in such jurisdiction. The offering of any securities will be made only by means of a prospectus filed with the Securities and Exchange Commission.
This press release contains forward-looking statements relating to future events or future financial performance that involve risks and uncertainties. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements but their absence does not mean that the statement is not forward-looking. These statements are only predictions and actual results could differ materially from those anticipated in these statements based on a number of risk factors, including those set forth in the April 30, 2009 Flow International Corporation Form 10-K Report, filed with the Securities and Exchange Commission. Forward- looking statements in this press release include, without limitation, statements regarding raising additional capital. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this announcement.
Contact:
Flow Investor Relations
Geoffrey Buscher
253-813-3286
investors@flowcorp.com
Flow International Corporation
CONTACT: Geoffrey Buscher of Flow Investor Relations, +1-253-813-3286, investors@flowcorp.com
Web Site: http://www.flowcorp.com/
CA, Inc. CEO John A. Swainson Announces Plans to Retire by End of 2009Company Re-Affirms Fiscal Year 2010 Guidance
ISLANDIA, N.Y., Sept. 1 /PRNewswire-FirstCall/ -- CA, Inc., today announced that John A. Swainson, chief executive officer, plans to retire from the Company on December 31, 2009, or upon the earlier selection of a successor. A committee of the Company's Board of Directors has been formed to begin an immediate search for a successor.
"Five years ago, I joined CA with the goal of helping CA become a trusted, valued, and strategic partner, not only to our customers, shareholders, employees, but also in the communities where we live and work around the world," said Swainson. "I am very proud that the CA team has largely accomplished the goal we set five years ago. We have restored CA's business momentum, delivered 14 quarters of solid financial results and are positioning the company for the next phase of growth driven by promising technologies that include virtualization and cloud computing. This is the opportune time to transition to new leadership as CA begins its drive to the next level."
Swainson will remain CEO and a director of the Company during the transition and plans to step down as a member of the Board of Directors effective upon his retirement from CA.
To assist in the transition, the CA Board of Directors has named William E. McCracken, previously non-executive Chairman of the Board, as the Company's interim-executive Chairman of the Board until a successor for Swainson is named, or at the discretion of the Board.
"The CA Board of Directors and John mutually agreed that the time for this transition could not be better, said McCracken. "Thanks largely to John's leadership, CA has a deep and experienced management team, good momentum across its businesses, and promising but rapidly emerging opportunities for growth. We thank John for all that he has accomplished for CA."
The company also announced that CA Board member Gary J. Fernandes has been named as interim-lead Independent Director during the transition.
Fiscal Year 2010 Guidance
The Company also announced that it is reaffirming its fiscal 2010 full year financial outlook that was issued when it released its first quarter financial results in July.
2009 Annual Meeting of Stockholders
Information about CA's 2009 annual meeting of stockholders, scheduled for September 14, 2009, and the nominees for election is set forth in CA's definitive proxy statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission on July 24, 2009, which has been supplemented to reflect the events described above. The definitive proxy statement, together with additional definitive materials, have been filed with the SEC and are also available for viewing at the website maintained for the annual meeting at http://www.proxyvote.com/ (as well as on CA's website at http://www.ca.com/).
Stockholders who wish to vote at the upcoming annual meeting may do so by filling out the electronic proxy cards at http://www.proxyvote.com/. Stockholders who have already submitted proxies for the meeting may revoke them, or if they wish to change their vote may revoke them and fill out new electronic proxy cards through this website as well.
Webcast
The Company will host a webcast at 5 p.m. ET today to discuss the subject matter of this news release. Individuals can access the webcast at http://ca.com/invest/ or listen to the call at 1-888-510-1762. International participants can listen to the call at 1-719-325-2161.
The webcast will be archived on the website. Individuals can access the webcast at http://ca.com/invest/ or listen to the replay at 1-888-203-1112. International participants can listen to the replay at 1-719-457-0820. The passcode is 6205412. The replay will be available at 8 p.m. ET on September 1 through September 14, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090402/NYTH500LOGO)
About CA
CA , the world's leading independent IT management software company, helps customers optimize IT for better business results. CA's Enterprise IT Management solutions for mainframe and distributed computing enable Lean IT -- empowering organizations to more effectively govern, manage and secure their IT operations. For more information, visit http://www.ca.com/.
Connect with CA
-- CA Social Media Page
-- CA Newsletters
-- CA Press Releases
-- CA Podcasts
Cautionary Statement Regarding Forward-Looking Statements
We have assessed and will continue to assess the impact on our business of the general economic downturn and the related impact on the financial services sector in particular. Approximately one third of our revenue comes from arrangements with financial institutions (i.e., banking, brokerage and insurance companies). The majority of these arrangements are for the renewal of mainframe capacity and maintenance associated with transactions processed by such financial institutions. While we cannot predict what impact there may be on our business from further consolidation of the financial industry sector, or the impact from the economy in general on our business, to date the impact has not been material to our balance sheet, results of operations or cash flows. The vast majority of our subscription and maintenance revenue in any particular reporting period comes from contracts signed in prior periods, generally pursuant to contracts ranging in duration from three to five years.
Certain statements in this communication (such as statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) constitute "forward-looking statements" that are based upon the beliefs of, and assumptions made by, the Company's management, as well as information currently available to management. These forward-looking statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: global economic factors or political events beyond the Company's control; general economic conditions, including concerns regarding a global recession and credit constraints, or unfavorable economic conditions in a particular region, industry or business sector; impact of revenue recognition accounting policies on operating results; failure to expand channel partner programs; ability to adequately manage and evolve financial reporting and managerial systems and processes; ability to successfully integrate acquired companies and products into existing businesses; competition in product and service offerings and pricing; ability to retain and attract qualified key personnel; rapid technological and market changes; dependence on third party operating systems and software; use of software from open source code sources; discovery of errors in the Company's software and potential product liability claims; significant amounts of debt and possible future credit rating changes; the failure to protect the Company's intellectual property rights and source code; the timing of orders from customers and channel partners; reliance upon large transactions with customers; sales to government customers; breaches of the Company's software products and the Company's and customers' data centers and IT environments; lack of market growth in key product areas; use of third party microcode; third party claims of intellectual property infringement or royalty payments; fluctuations in foreign currencies; failure to successfully execute restructuring plans and related sales model changes; successful outsourcing of various functions to third parties; potential tax liabilities; and these factors and the other factors described more fully in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.
Copyright 2009 CA, Inc. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
Contacts: Bill Hughes Dan Kaferle
Corporate Communications Corporate Communications
(212) 415-6828 (631) 342-2111
william.hughes@ca.com daniel.kaferle@ca.com
Kelsey Doherty
Investor Relations
(212) 415-6844
kelsey.doherty@ca.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090402/NYTH500LOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
CA
CONTACT: Bill Hughes, Corporate Communications, +1-212-415-6828, william.hughes@ca.com, or Dan Kaferle, Corporate Communications, +1-631-342-2111, daniel.kaferle@ca.com, or Kelsey Doherty, Investor Relations, +1-212-415-6844, kelsey.doherty@ca.com
Web Site: http://ca.com/
FDA Clears Hologic's MammoSite(R) ML Radiation Therapy System for the Treatment of Early-Stage Breast CancerThe MammoSite ML (multi-lumen) device offers more women the option of completing their radiation treatment in just five days
BEDFORD, Mass., Sept. 1 /PRNewswire-FirstCall/ -- Hologic, Inc. (Hologic or the Company) , a leading developer, manufacturer and supplier of premium diagnostics, medical imaging systems and surgical products dedicated to serving the healthcare needs of women, today announced the U.S. Food and Drug Administration (FDA) cleared the Company's 510K application for the MammoSite ML radiation therapy system. With its multi-lumen design, this new device gives radiation oncologists the ability to shape the radiation dose for typical cases and treat patients who are otherwise not appropriate candidates for traditional brachytherapy.
Hologic's MammoSite therapy system, first cleared by the FDA in 2002 as a single-lumen device, is the most widely used form of accelerated partial breast irradiation (APBI) in the United States. It has been used to treat more than 50,000 breast cancer patients in the U.S.
By employing the MammoSite system, the physician can deliver targeted radiation therapy directly to the area where cancer is most likely to recur,(i) allowing a full course of radiation to be delivered in just five days. Additionally, targeted therapy of the breast limits radiation exposure to normal, healthy tissue. This targeting helps minimize side effects such as skin discoloration and scarring, burning, fatigue, and damage to surrounding organs.
In 2008, approximately 240,000 cases of breast cancer were confirmed in the U.S. Fortunately, today more than half of breast cancers are diagnosed when the disease is still in its localized stage.(ii) Early detection allows breast cancer patients to choose breast conservation therapy, which preserves the breast by relying on tumor excision via lumpectomy, followed by radiation therapy, to reduce the likelihood of recurrence. According to the National Institutes of Health, breast-conserving surgery plus radiation therapy is preferable to total mastectomy because it provides survival equivalence while preserving the breast.(iii)
The MammoSite systems are comprised of an inflatable balloon catheter in which a radioactive source is introduced for therapy delivery. The inflatable balloon is inserted into the surgical cavity remaining after removal of the tumor. This local placement of the balloon provides for therapeutic delivery of a five-day course of radiation to the tissue most likely to contain residual cancerous cells following surgery, while reducing radiation exposure to adjacent healthy tissue. Using the MammoSite multi-lumen catheter, the radiation oncologist has the ability to shift the radiation dose to the areas that need it most and shift the dose away from areas that do not require it.
"An increasing number of surgeons, radiation oncologists, and patients are choosing the accelerated treatment available with MammoSite," said David Harding, senior vice president of Hologic's interventional breast solutions business. "Now, with MammoSite ML, five-day targeted radiation therapy is also available to women with early-stage tumors close to the skin or chest wall who may not have been good candidates for traditional balloon brachytherapy. This is another significant milestone for Hologic and our interventional breast solutions business. With FDA clearance of the MammoSite ML radiation therapy system, we are now able to provide surgeons and radiation oncologists with a device designed to both maximize patient comfort and enable greater physician flexibility in delivering targeted radiation therapy directly to the areas where breast cancers are most likely to recur."
The Company expects to commercially launch MammoSite ML during the first quarter of fiscal year 2010 (quarter ending December 26, 2009). Please see http://www.mammosite.com/ for additional information on the MammoSite targeted radiation therapy system.
About Hologic, Inc.
Hologic, Inc. is a leading developer, manufacturer and supplier of premium diagnostics products, medical imaging systems and surgical products dedicated to serving the healthcare needs of women. Hologic's core business units are focused on breast health, diagnostics, GYN surgical, and skeletal health. Hologic provides a comprehensive suite of technologies with products for mammography and breast biopsy, radiation treatment for early-stage breast cancer, cervical cancer screening, treatment for menorrhagia, permanent contraception, osteoporosis assessment, preterm birth risk assessment, mini C-arm for extremity imaging and molecular diagnostic products including HPV and reagents for a variety of DNA and RNA analysis applications. For more information, visit http://www.hologic.com/.
Forward-Looking Statement Disclaimer
This News Release may contain forward-looking information that involves risks and uncertainties, including statements about the use of the MammoSite and MammoSite ML targeted radiation therapy systems. There can be no assurance the systems will achieve the benefits described herein and that such benefits will be replicated in any particular manner with respect to an individual patient as the actual effect of the use of the MammoSite targeted radiation therapy systems can only be determined on a case-by-case basis depending on the particular circumstances and patient in question. Hologic expressly disclaims any obligation or undertaking to release publicly any updates or revisions to the data or statements presented herein to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such data or statements are based. Certain factors that could adversely affect the Company's business and prospects are described in Hologic filings with the Securities and Exchange Commission.
Hologic and MammoSite are trademarks and/or registered trademarks of Hologic, Inc., and/or its subsidiaries in the United States and/or other countries.
(i) King TA, Bolton, JS, Kuske RR et al. Long-term results of wide-field brachytherapy as the sole method of radiation therapy after segmental mastectomy for T(is,1,2) breast cancer. Am J Surg. 2000; 180:299-304.
(ii) American Cancer Society, Breast Cancer Facts and Figures: 2007-2008.
(iii) Consensus statement on treatment of early-stage breast cancer. National Institutes of Health, 1992.
Contact: For Investors: For Media:
Deborah R. Gordon Anne Rivers
Vice President, Investor Relations Corporate Marketing
Hologic, Inc. Hologic, Inc.
(781) 999-7716 (508) 263-8765
womenshealth@hologic.com
Hologic, Inc.
CONTACT: Investors: Deborah R. Gordon, Vice President, Investor Relations, +1-781-999-7716, or Media: Anne Rivers, Corporate Marketing, +1-508-263-8765, womenshealth@hologic.com, both of Hologic, Inc.
Web Site: http://www.hologic.com/
Pike Electric Reports Fourth Quarter and Full Fiscal Year 2009 Results-Fiscal year 2009 total revenue increase over fiscal 2008- -Sequential quarter revenue growth for engineering, transmission and substation-
MT. AIRY, N.C., Sept. 1 /PRNewswire-FirstCall/ -- Pike Electric Corporation , a leading energy solutions provider, today announced results for its fourth quarter and fiscal year ended June 30, 2009.
Revenues for the fourth quarter of fiscal 2009 were $128.5 million, compared to $137.8 million in the fourth quarter of fiscal 2008. Net income for the fourth quarter of fiscal 2009 totaled $2.5 million, or $0.07 per diluted share, compared to net income of $5.6 million, or $0.17 per diluted share, for the fourth quarter of fiscal 2008.
Revenues for the fiscal year ended June 30, 2009 increased 11.1% to $613.5 million, from $552.0 million for the 2008 fiscal year. Net income for fiscal 2009 totaled $31.6 million, or $0.94 per diluted share, compared to net income of $20.2 million, or $0.60 per diluted share, for fiscal 2008.
The Company generated $77.3 million in cash from operations in fiscal 2009. This cash was primarily used to complete two acquisitions totaling $25.1 million and to increase the Company's cash balance by $32.5 million from June 30, 2008.
"In an economy that is mired in recession, Pike was able to deliver double digit revenue and earnings growth for fiscal 2009, driven by the second strongest year in the Company's history for storm restoration services. Results such as this are a testament to Pike's experienced workforce, quality service and flexible business model," said J. Eric Pike, chairman and CEO.
"We also made further progress in our service diversification strategy with the completion of two acquisitions," said Pike. "Our sequential growth in engineering, transmission, and substation revenue continues to demonstrate the value Pike Energy Solutions platform is bringing to our customers. Our full service energy solutions platform, strong financial position, and long-standing customer relationships position us well to capture opportunities as utilities renew capital expenditures and maintenance spending."
Outlook
Based on current economic conditions, storm volatility, and other factors, the Company expects its total revenues and diluted earnings per share for its fiscal year ending June 30, 2010 to range from $575 million to $625 million and from $0.60 to $0.75, respectively.
Conference Call
Pike Electric will host a conference call today at 5:00 p.m. EDT to discuss financial results for its fiscal fourth quarter and full year ended June 30, 2009. This call will be web cast and can be accessed by visiting the Investor Center section of the Company's website at http://www.pike.com/. The call can be accessed live over the phone by dialing (800) 289-0546, or (913) 312-1417 for international callers. A replay will be available shortly after the call and can be accessed by dialing (888) 203-1112, or for international callers, (719) 457-0820. The pass code for the replay is 1074580. The call will be available until September 8, 2009.
About Pike Electric
Pike is a leading provider of energy solutions for investor-owned, municipal and cooperatives utilities in the United States. Our comprehensive services include siting, permitting, engineering design, installation, maintenance and repair of power delivery systems, including renewable energy projects. Our common stock is traded on the New York Stock Exchange under the symbol PIKE. Our website is located at http://www.pike.com/.
Safe Harbor
This press release and other statements we make from time to time in the future may contain forward-looking statements that relate to Pike Electric's plans, objectives and estimate. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and speak only as of the date of this release. The terms "should," "believe," "plan," "expect," "anticipate," "estimate," "intend" and "project" and similar words or expressions are intended to identify forward-looking statements. Various risks, uncertainties and other factors could cause actual results to differ materially from those expressed in any forward-looking statements. For a more detailed list of such risks, uncertainties and factors, please refer to the Risk Factor section of Pike Electric's Annual Reports on Form 10-K and in its other filings with the Securities and Exchange Commission. Pike Electric makes no commitment to update any forward-looking statement or to disclose any facts, events, or circumstances after the date of this release that may affect the accuracy of any forward-looking statement, except as may be required by applicable law.
PIKE ELECTRIC CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(In thousands, except per share amounts)
Three months Twelve months
ended June 30, ended June 30,
2009 2008 2009 2008
---- ---- ---- ----
Revenues $128,462 $137,816 $613,476 $552,029
Cost of operations 109,715 114,608 503,203 460,325
------- ------- ------- -------
Gross profit 18,747 23,208 110,273 91,704
General and administrative
expenses 13,641 10,471 50,248 41,724
Loss on sale and impairment of
property and equipment 167 967 2,116 3,043
--- --- ----- -----
Income from operations 4,939 11,770 57,909 46,937
Other expense (income):
Interest expense 2,030 2,446 9,258 13,919
Other, net (806) (46) (1,552) (214)
---- --- ------ ----
Total other expense 1,224 2,400 7,706 13,705
Income before income taxes 3,715 9,370 50,203 33,232
Income tax expense 1,257 3,767 18,634 12,983
----- ----- ------ ------
Net income $2,458 $5,603 $31,569 $20,249
====== ====== ======= =======
Earnings per share:
Basic $0.07 $0.17 $0.96 $0.62
===== ===== ===== =====
Diluted $0.07 $0.17 $0.94 $0.60
===== ===== ===== =====
Shares used in computing earnings
per share:
Basic 33,058 32,869 33,023 32,810
====== ====== ====== ======
Diluted 33,773 33,695 33,741 33,666
====== ====== ====== ======
PIKE ELECTRIC CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except per share amounts)
June 30, June 30,
2009 2008
---- ----
ASSETS
Current assets:
Cash and cash equivalents $43,820 $11,357
Accounts receivable from customers, net 57,766 62,224
Costs and estimated earnings in excess of billings
on uncompleted contracts 46,674 40,410
Inventories 7,718 8,343
Prepaid expenses and other 6,306 5,123
Deferred income taxes 13,649 15,376
------ ------
Total current assets 175,933 142,833
Property and equipment, net 222,539 229,119
Goodwill 106,865 94,402
Other intangibles, net 40,139 40,065
Deferred loan costs, net 2,028 2,778
Other assets 1,465 1,463
----- -----
Total assets $548,969 $510,660
======== ========
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $13,231 $10,867
Accrued compensation 23,002 22,157
Billings in excess of costs and estimated earnings
on uncompleted contracts 5,176 397
Accrued expenses and other 8,301 5,460
Current portion deferred compensation 1,402 3,666
Current portion of insurance claim accruals 26,442 28,873
------ ------
Total current liabilities 77,554 71,420
Long-term debt, net of current portion 140,500 140,500
Insurance and claim accruals, net of current portion 7,335 7,989
Deferred compensation, net of current portion 5,563 6,283
Deferred income taxes 57,251 62,416
Other liabilities 3,801 1,100
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $0.001 per share; 100,000
shares authorized; no shares issued and outstanding - -
Common stock, par value $0.001 per share; 100,000
shares authorized; 33,462 and 33,183 shares issued
and outstanding at June 30, 2009 and June 30, 2008,
respectively 6,427 6,427
Additional paid-in capital 153,035 148,288
Accumulated other comprehensive loss, net of
income taxes (1,109) (806)
Retained earnings 98,612 67,043
------ ------
Total stockholders' equity 256,965 220,952
------- -------
Total liabilities and stockholders' equity $548,969 $510,660
======== ========
Pike Electric Corporation
CONTACT: Investor Relations, Pike Electric Corporation, +1-336-719-4622
Web Site: http://www.pike.com/
Air Products Acquires New Texas Hydrogen Production Facility from MarkWest Energy PartnersIncludes Long-Term Hydrogen Supply Agreement to Start in 2010
LEHIGH VALLEY, Pa., Sept. 1 /PRNewswire-FirstCall/ -- Air Products , the leading global hydrogen provider, today announced it has purchased a new steam methane reformer (SMR) hydrogen facility under construction in Corpus Christi, Texas, from MarkWest Energy Partners, L.P. . The facility, which will produce over 30 million standard cubic feet per day, will be owned and operated by Air Products and is expected to be on-stream in March 2010. The companies also signed a separate long-term supply agreement whereby Air Products will provide hydrogen and steam to MarkWest. MarkWest will utilize the products produced by the SMR facility combined with its existing production capabilities to deliver high-purity hydrogen to local refinery customers.
"Air Products looks forward to expanding its U.S. Gulf Coast hydrogen production expertise in the Corpus Christi refining region," said Heather Remley, manager -- West Gulf Coast Area Tonnage Gases for Air Products. "The transaction is a win-win for clients in the region as it combines MarkWest's strong customer relationships with Air Products' world-class operating capabilities and experience."
The new investment in Corpus Christi strengthens Air Products' leading hydrogen position in the U.S. Gulf Coast, which is comprised of numerous production facilities and over 450 miles of pipelines reaching from the Houston Ship Channel in Texas to Lake Charles, Louisiana, and from the city of Plaquemine, Louisiana to Chalmette, east of New Orleans. Air Products also completed a pipeline connection across Lake Pontchartrain earlier this year and is in the process of building two new steam methane reformers in the Louisiana portion of its Gulf Coast system.
Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products had fiscal 2008 revenues of $10.4 billion, operations in over 40 countries, and 21,000 employees around the globe. For more information, visit http://www.airproducts.com/.
***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.
Air Products
CONTACT: Media Inquiries, Art George, +1-610-481-1340, georgeaf@airproducts.com, or Investor Inquiries, Nelson Squires, +1-610-481-7461, squirenj@airproducts.com, both of Air Products
Web Site: http://www.airproducts.com/
United Therapeutics Corporation Announces Stock Split To Be Effected as a Stock Dividend
SILVER SPRING, Md., Sept. 1 /PRNewswire-FirstCall/ -- United Therapeutics Corporation announced today that its Board of Directors has approved and declared a stock split. The stock split will be effected in the form of a stock dividend, in which one share of United Therapeutics common stock will be distributed for each share of common stock issued and outstanding (or held in treasury) at the close of business on the record date, September 14, 2009. The additional shares of common stock are scheduled to be distributed on September 22, 2009, to all shareholders of record by BNY Mellon, United Therapeutics' transfer agent. United Therapeutics expects that its common stock will begin to trade on the NASDAQ Global Select Market on a split-adjusted basis beginning on September 23, 2009.
"Just as the recent approval of our new medicine, Tyvaso, has provided doctors and patients with a 2-for-1 therapeutic opportunity, by having both inhaled and parenteral forms of treprostinil to prescribe, today's announcement provides shareholders with a 2-for-1 investment opportunity, by doubling the number of outstanding shares from approximately 27 million to 54 million," said Martine Rothblatt, Ph.D., United Therapeutics' Chairman and Chief Executive Officer. "Even with this split, our number of outstanding shares is still well below that of other similar stage biotechnology companies."
About United Therapeutics
United Therapeutics is a biotechnology company focused on the development and commercialization of unique products to address the unmet medical needs of patients with chronic and life-threatening cardiovascular and infectious diseases and cancer.
Forward-looking Statements
Statements included in this press release that are not historical in nature are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, among others, the future timing and benefits of the stock split and the opportunities created by the launch of Tyvaso. These forward-looking statements are subject to certain risks and uncertainties, such as those described in our periodic reports filed with the Securities and Exchange Commission, that could cause actual results to differ materially from anticipated results. Consequently, such forward-looking statements are qualified by the cautionary statements, cautionary language and risk factors set forth in our periodic reports and documents filed with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and current reports on Form 8K. We claim the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. We are providing this information as of September 1, 2009, and assume no obligation to update or revise the information contained in this press release whether as a result of new information, future events or any other reason. [uthr-g]
Tyvaso is a trademark of United Therapeutics Corporation.
United Therapeutics Corporation
CONTACT: Andrew Fisher of United Therapeutics Corporation, +1-202-483-7000, Afisher@unither.com
Web Site: http://www.unither.com/
American Woodmark Corporation Announces Cash Dividend
WINCHESTER, Va., Sept. 1 /PRNewswire-FirstCall/ -- American Woodmark Corporation today announced a quarterly cash dividend of $0.09 per share to be paid on September 28, 2009, to shareholders of record on September 14, 2009.
American Woodmark Corporation, located in Winchester, Virginia, is the third largest manufacturer of kitchen and bath cabinets in the United States. Offering approximately 400 cabinet lines in a wide variety of designs, materials and finishes, American Woodmark products are sold through a network of dealers and distributors and directly to home centers and major home builders.
The Company currently operates 11 manufacturing facilities in Arizona, Georgia, Indiana, Kentucky, Maryland, Tennessee, Virginia and West Virginia, as well as various service centers across the country. To find out more about American Woodmark, and view its vast array of cabinet styles, visit its web site at http://www.americanwoodmark.com/.
AMWD-F
AMWD-G
American Woodmark Corporation
CONTACT: Glenn Eanes, Vice President and Treasurer, American Woodmark Corporation, +1-540-665-9100
Web Site: http://www.americanwoodmark.com/
Eaton Vance Senior Income Trust Declares Monthly Distribution
BOSTON, Sept. 1 /PRNewswire-FirstCall/ -- Eaton Vance Senior Income Trust , a closed-end management investment company, today declared a monthly distribution of $0.026 per common share. As portfolio and market conditions change, the rate of future distributions may change. The distribution is expected to be paid on September 17, 2009, to shareholders of record on September 10, 2009. The ex-dividend date is September 8, 2009.
At this time the Fund believes that a portion of the September distribution may be comprised of amounts from sources other than net investment income. If that is the case, you will be notified in writing. Further information will be available prior to the payment date at individuals.eatonvance.com. The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.
The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. , based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $143.7 billion in assets as of July 31, 2009, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit http://www.eatonvance.com/.
Eaton Vance Management
CONTACT: Investors: +1-800-262-1122
Web Site: http://www.eatonvance.com/
Eaton Vance Credit Opportunities Fund Declares Monthly Distribution
BOSTON, Sept. 1 /PRNewswire-FirstCall/ -- Eaton Vance Credit Opportunities Fund , a closed-end management investment company, today declared a monthly distribution of $0.058 per common share. As portfolio and market conditions change, the rate of future distributions may change. The distribution is expected to be paid on September 30, 2009, to shareholders of record on September 10, 2009. The ex-dividend date is September 8, 2009.
At this time the Fund believes that a portion of the September distribution may be comprised of amounts from sources other than net investment income. If that is the case, you will be notified in writing. Further information will be available prior to the payment date at individuals.eatonvance.com. The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.
The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. , based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $143.7 billion in assets as of July 31, 2009, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit http://www.eatonvance.com/.
Eaton Vance Management
CONTACT: Investor Contact: +1-800-262-1122
Web Site: http://www.eatonvance.com/
Federal, State, and Local Officials Seek Approval for Catskills Casinos
PETOSKEY, Mich., Sept. 1 /PRNewswire-FirstCall/ -- Federal, New York State, and Sullivan County officials, as well as leaders of the business and labor communities in the Hudson Valley Region, joined together in urging Assistant U.S. Secretary of the Interior Larry EchoHawk, who oversees the Bureau of Indian Affairs, to support Class III Gaming Facilities in Sullivan County in order to stimulate the region's economy, during a meeting with them last week.
John Paulsen, CEO of Rotate Black, noted the solid support by saying, "It is quite impressive that all elected officials including United State Senators Charles Schumer and Kathleen Gillibrand, Congressman Maurice Hinchey, Governor David Paterson, State Senator John Bonacic, Assemblywoman Aileen Gunther, and Sullivan County officials and leaders of the business and residential communities have united in their efforts to revitalize and stimulate the Hudson Valley Region with Class III gaming facilities."
Rotate Black and the Seneca Nation of Indians, a federally recognized sovereign Indian Nation, the Seneca Catskills Gaming Corporation, a wholly-owned corporate entity of the Nation, is planning to develop a Class III Gaming casino in the Town of Thompson, Sullivan County.
Once completed, the Seneca Catskill Mountains Hotel and Casino will include two million square feet of space, 6,000 slot machines, 120 table games, 30 poker tables, race book center, a 1,500 room hotel and spa, 12 restaurants, high end retail space, a 5,000-seat arena and 100,000 square feet of banquet space, and an arcade center amongst other amenities.
About Rotate Black, Inc.
Rotate Black, Inc. (BULLETIN BOARD: ROBK) is a premier development and management company of global resort and casino properties. The Company makes investments specifically targeted towards the gaming industry, seeking to maximize total return from capital appreciation and income. The management and Board of Directors have extensive experience in successfully developing and managing resort properties.
Forward Looking Statement
Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Rotate Black, Inc. disclaims any obligation to update the forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date stated, or if no date is stated, as of the date of this press release.
Rotate Black, Inc.
CONTACT: John Paulsen, +1-231-881-4900
Web Site: http://www.rotateblack.com/
AT&T Strengthens 3G Wireless Coverage in ConnecticutDeployment of 850 MHz Spectrum for 3G in Connecticut Substantially Improves In-Building Wireless Coverage, Adds Capacity to Support Surging Demand for Mobile Broadband
ROCKY HILL, Conn., Sept. 1 /PRNewswire-FirstCall/ -- AT&T* today announced a substantial strengthening of its 3G mobile broadband wireless network where it has deployed spectrum in the 850 MHz band across Fairfield, New Haven, Middlesex, Hartford, New London, Tolland and Windham counties in Connecticut. As a result, customers in these areas should experience better connectivity, performance and enhanced in-building wireless coverage.
This most recent network enhancement is part of AT&T's ongoing efforts to drive innovation and investment into its 3G wireless network - the fastest 3G network in the nation according to recent independent testing. More smartphone customers have chosen AT&T over any other U.S. competitor, and AT&T is committed to driving continual enhancement of network capabilities to meet these customers' ever-growing mobile broadband needs.
"Every increase in communications capability offers the potential for local businesses and individuals to contribute to economic growth," said Mary Beth Reid, Executive Director of the East Hartford Chamber of Commerce. "Today's announcement from AT&T about enhancing communications infrastructure, including mobile broadband, increases the ability for businesses to compete in the Internet economy as well as the local market."
The 850 MHz spectrum was deployed for 3G use at more than 200 cell sites in Connecticut. It is considered high-quality spectrum, which generally results in better in-building coverage. While specific benefits of the new spectrum will vary by location, AT&T 3G customers should see improved quality and coverage in Fairfield, New Haven, New London, Middlesex, Hartford, Tolland and Windham counties where 850 MHz spectrum has been deployed. AT&T technicians nationwide responsible for monitoring network performance for service quality and coverage have seen significant increases in total 3G data traffic in areas where the 850 MHz spectrum has been deployed.
"AT&T's ongoing investment to build broadband networks helps to create jobs, fuel economic growth and enable our customers to quickly access the content that matters most to them," said Ramona Carlow, president, AT&T Connecticut. "Our customers have embraced smartphones and upgrades like the additional 3G spectrum deployment allow them to enjoy the benefits of these devices and mobile broadband for years to come."
"Where we deployed the additional 850 MHz spectrum, we saw an immediate increase in wireless data activity across the AT&T 3G network in those areas," said Steve Krom, vice president and general manager for AT&T in New England. "The additional spectrum helps to enhance the 3G network so that our customers have the best experience when they make a call, check an e-mail or surf the Internet on their AT&T device."
This deployment is one part of AT&T's ongoing initiatives to enhance the speed and performance of its network. Recently, AT&T announced plans to further upgrade its 3G network nationwide with HSPA 7.2 technology to deliver considerably faster mobile broadband speeds. The upgrades are planned to begin in the fourth quarter, with completion expected in 2011. Additionally, AT&T is continually optimizing and adding cell sites in Connecticut and across the country to maximize performance for customers. AT&T is planning to add nearly 1,900 cell sites nationwide this year, and we're adding new backhaul connections across the country to support the increasing volumes of mobile data traffic.
AT&T's 3G mobile broadband network is based on the 3rd Generation Partnership Project (3GPP) family of technologies that includes GSM and UMTS, the most open and widely used wireless network platforms in the world. AT&T offers 3G data roaming in more than 100 countries, as well as voice calling in more than 215 countries.
Across the U.S., AT&T's 3G network is available in more than 350 major metropolitan areas. For more information about AT&T's 3G coverage in Connecticut or anywhere in the United States, consumers can go to http://www.wireless.att.com/coverageviewer/. The online tool can measure the quality of coverage based on a street address, intersection, ZIP code or even a landmark.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. AT&T offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T | DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T's Yellow Pages and YELLOWPAGES.COM organizations are known for their leadership in directory publishing and advertising sales. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE magazine's list of the World's Most Admired Companies. Additional information bout AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/.
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.
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.
AT&T Inc.
CONTACT: Adam Cormier of AT&T Inc., +1-203-506-5456, acormier@attnews.us
Web Site: http://www.att.com/
Milestone Scientific Announces Key Leadership ChangesDirector Leslie Bernhard Appointed as New Chairman and Leonard Osser Resumes Full Duties and Responsibilities as CEO
PISCATAWAY, N.J., Sept. 1 /PRNewswire-FirstCall/ -- Milestone Scientific Inc. (BULLETIN BOARD: MLSS) , the recognized leader in advanced injection technologies, today announced that Leslie Bernhard, an independent director, has been named Chairman of the Board, succeeding Leonard Osser who had previously led the Company as Chairman since 1991. Osser, who has also served as the interim Chief Executive Officer since February 2009 and was formerly Milestone's CEO from 1991 through 2007, will again lead the Company as its CEO effective immediately.
"In view of Leonard's passion, vision and well defined strategy for optimizing Milestone's future growth, having him resume the full duties and responsibilities of the CEO post is without question in the best interests of the Company, its dedicated workforce and its shareholders," stated new Chairman Bernhard. "Moreover, by my assuming the Chairmanship, the Board can take advantage of enhancing our corporate governance and oversight, while freeing Leonard to concentrate on achieving the Company's mission critical goals and objectives."
Commenting on the leadership changes, Osser noted, "We are now seeing a number of promising growth opportunities in the international markets related to the expansion of our global dental distribution network and worldwide marketing of our award winning STA Single Tooth Anesthesia System(TM). We are also gaining meaningful traction in our negotiations in collaborating on the development of new medical products utilizing our patented CompuFlo technology. Consequently, the Board determined that my time and effort was best utilized focused on fully capitalizing on these promising opportunities. As such, I'm very pleased that Leslie has agreed to assume leadership of the Board. In my capacity as a director and CEO, I look forward to working closely with her to help guide and manage our Company's long term growth and anticipated success."
About Milestone Scientific Inc.
Headquartered in Piscataway, New Jersey, Milestone Scientific is engaged in pioneering proprietary, highly innovative technological solutions for the medical and dental markets. Central to the Company's IP platform and product development strategy is its patented CompuFlo technology for the improved and painless delivery of local anesthetic. Specifically, CompuFlo is a computer-controlled, pressure sensitive infusion, perfusion, suffusion and aspiration technology, which provides real-time readouts of pressures, fluid densities and flow rates, enabling the advanced delivery and removal of a wide array of fluids. The STA Single Tooth Anesthesia System(TM), a computer-controlled local anesthesia delivery system, uses this technology to provide dentists with audible and visual signals as to in-tissue pressure. Milestone's existing painless injection systems are currently sold in 25 countries. For more information on these and other innovative Milestone products, please visit the Company's web site found at http://www.milestonescientific.com/ and http://www.stais4u.com/.
Safe Harbor Statement
This press release contains forward-looking statements regarding the timing and financial impact of the Milestone's ability to implement its business plan, expected revenues and future success. These statements involve a number of risks and uncertainties and are based on assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond Milestone's control. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, failure to achieve expected revenue growth, changes in our operating expenses, adverse patent rulings, FDA or legal developments, competitive pressures, changes in customer and market requirements and standards, and the risk factors detailed from time to time in Milestone's periodic filings with the Securities and Exchange Commission, including without limitation, Milestone's Annual Report for the year ended December 31, 2008. The forward looking-statements in this press release are based upon management's reasonable belief as of the date hereof. Milestone undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
FOR MORE INFORMATION, PLEASE CONTACT:
Elite Financial Communications Group
Dodi Handy, President and CEO (Twitter: @dodihandy)
For Media Inquiries: Kathy Addison, Director, Elite Media Group (Twitter:
@kathyaddison)
407-585-1080 or via email at mlss@efcg.net
Milestone Scientific Inc.
CONTACT: Dodi Handy, President and CEO of Elite Financial Communications Group, Twitter: @dodihandy, or Media, Kathy Addison, Director of Elite Media Group, Twitter: @kathyaddison, both for Milestone Scientific Inc., +1-407-585-1080, mlss@efcg.net
Web Site: http://www.milestonescientific.com/ http://www.stais4u.com/
Hosting.com Introduces vCloud Express - An On-Demand, Pay-As-You-Go Cloud Computing SolutionNew Service Offers Quick Provisioning of Infrastructure for Dynamic Capacity Requirements
SAN FRANCISCO, Sept. 1 /PRNewswire/ -- Hosting.com, the leading provider of global managed hosting, cloud hosting and colocation solutions, today announced that it is delivering a VMware vCloud Express solution. Hosting.com's vCloud Express solution will provide instant provisioning, consumption-based pricing (pay by the hour) and unlimited, dynamic compute resources. Hosting.com will be among the first to offer this new class of VMware Virtualized(TM) service that that can be purchased, consumed and adjusted in a pay-as-you-go model. Hosting.com vCloud Express will be available as a beta service beginning September 1, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090831/NE68302LOGO )
This solution introduces true cross-platform functionality to the marketplace that is compatible with technology the industry embraces and utilizes. vCloud Express is an Infrastructure-as-a-Service (IaaS) solution that will run on Hosting.com's Cloud Enterprise infrastructure and is the latest announcement on Hosting.com's portfolio of cloud hosting solutions. Consumers currently utilizing VMware internally will have compatibility between their internal infrastructure and external infrastructure resources used for application development and testing, capacity on demand, and general outsourced infrastructure needs.
"vCloud Express delivers control directly to customers. They can setup new accounts, adjust virtual machine resources, turn additional machines on or off and deploy and execute virtual machine commands with no human interaction - if so desired," noted Craig McLellan, Hosting.com CTO. "We will continue to innovate to deliver on the promises of capacity and infrastructure on-demand, utility-based pricing, and cloud interconnectivity."
Dan Chu, VP of Emerging Markets, VMware added, "Hosting.com continues to provide cloud solutions and market insights that help define and evolve this quickly growing industry. Their commitment to providing exemplary service and rapid product development made them a natural fit as a vCloud Express service provider."
Hosting.com will offer vCloud Express through its Cloud Enterprise solution. Cloud Enterprise leverages the latest in virtualization platform technology with VMware vSphere(TM) 4, and is highly available on both the computing and disk infrastructures. Hosting.com has made significant investments in enterprise-class technologies such as EMC, Dell, Juniper, F5, and Intel to deliver a robust, standards-based cloud infrastructure to clients demanding unparalleled performance and security.
"Hosting.com has made a promise to deliver Enterprise-Class cloud hosting services to their customers," said Jason Waxman, General Manager, High Density Computing Division, Intel. "The Intel Xeon 5500 processor family delivers outstanding benefits to enterprises in performance, energy efficiency and virtualization. Investments in products like Intel's Xeon 5500 processor family help Hosting.com to deliver this promise to their clients via cloud services."
Hosting.com has a portfolio of Cloud Hosting solutions including Cloud Enterprise, Cloud Dedicated and Cloud VPS - and now vCloud Express - that reduce costs, improve efficiency and provide extreme flexibility to businesses of all sizes. The vCloud Express launch is one of many product announcements Hosting.com will make over the next several months to provide more flexibility and control to hosting customers.
Hosting.com's vCloud Express pricing starts at $.042 per hour and is available immediately. More information and the complete technology overview is available at http://www.hosting.com/vcloudexpress.
Hosting.com's portfolio of Cloud Hosting products are being featured at VMworld 2009, expected to draw more than 12,000 attendees. Hosting.com activities at VMworld include: CTO, Craig McLellan's Super Session discussion on cloud hosting with VMware's Dan Chu, VP of Emerging Markets; ideaLaunch.com, a Hosting.com Cloud Enterprise client, will present on a Client Panel; and Hosting.com will demo its cloud solutions multiple times on the tradeshow floor in the Hosting.com and Intel exhibits, as well as in the VMware vCloud Pavilion.
About Hosting.com
Hosting.com provides enterprise colocation, cloud computing, dedicated hosting, managed hosting, disaster recovery, and business continuance services to a global customer base demanding a high level of security, reliability, and responsiveness. Hosting.com monitors, manages, and enhances the Web-based platforms of Web 2.0 companies, software as a service (SaaS) providers, content distribution networks (CDN), and medium to large enterprises whose Web presence is crucial and high availability mandatory.
Hosting.com currently operates SAS 70 Type II certified datacenters in Irvine, CA; Louisville, KY; Newark, DE; San Francisco, CA; and Denver, CO.
All Hosting.com products and services are supported by 24x7x365 live expert technical support through toll-free telephone, email, and online chat.
Photo: http://www.newscom.com/cgi-bin/prnh/20090831/NE68302LOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Hosting.com
CONTACT: Media Relations, Aaron D. Hollobaugh, Director of Communications of Hosting.com, +1-502-432-2502, AHollobaugh@Hosting.com
Web Site: http://www.hosting.com/
Bob Foster to Lead Lloyd's Strategy for Crawford & Company
ATLANTA, Sept. 1 /PRNewswire-FirstCall/ -- Well-known insurance industry executive Bob Foster has joined Crawford & Company (NYSE: CRDA; CRDB), the world's largest independent provider of claims management solutions, to direct strategy for its relationship with Lloyd's of London, the company announced today.
"Bob has been a leading proponent of change and development in the insurance industry worldwide for many years," said Jeffrey T. Bowman, Crawford's president and chief executive officer. "Under his chairmanship, the Lloyd's Market Claims Committee made substantial progress towards the transformation of claims management processes. With his expertise and market knowledge, we expect him to be a great asset in implementing our strategic plan for the Lloyd's London market."
Foster recently retired as group director of claims at Brit Insurance, an international general insurance and reinsurance group specializing in commercial insurance, after holding that position since 2003.
Born and raised in Manchester, England, Foster began his career as a chartered surveyor working on industrial valuations. After serving in that capacity for 10 years, he joined the Thomas Howell Group as a junior loss adjuster. He remained there for 22 years, working his way up to the position of chief operating officer and then chief executive officer in 1994.
After leaving Thomas Howell, Foster became a consultant and carried out many high-profile international assignments, including performing United Nations compensation work after the Iraqi invasion of Kuwait and corporate work in Eastern Europe and Scandinavia, before joining Brit.
About Crawford
Based in Atlanta, Georgia, Crawford & Company (http://www.crawfordandcompany.com/) is the world's largest independent provider of claims management solutions to the risk management and insurance industry as well as self-insured entities, with a global network of more than 700 locations in 63 countries. The Crawford System of Claims Solutions(SM) offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers' compensation claims and medical management, and legal settlement administration. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB.
Crawford & Company
CONTACT: Stephanie Zercher of Crawford & Company, +1-404-300-1908, stephanie_zercher@us.crawco.com
Web Site: http://www.crawfordandcompany.com/
Standard & Poor's Reports August 2009 Index Returns
NEW YORK, Sept. 1 /PRNewswire/ --
Dividend
Reinvested
S&P US Indices Index Values* 31-Aug-2009 3 Months YTD
S&P 500 (1) 3614.529 3.610 11.668 14.972
S&P MidCap 400 (2) 1283.076 4.367 14.194 23.099
S&P SmallCap 600 (3) 421.571 2.288 14.469 13.610
S&P 900 (4) 2993.670 3.673 11.874 15.609
S&P 1000 (4) 4380.725 3.713 14.277 19.961
S&P Composite 1500 (4) 300.528 3.622 11.966 15.533
S&P 100 (5) 782.450 3.419 11.717 12.139
S&P 500 Equal Weighted (7) 2125.984 5.591 14.349 30.454
S&P 500/Citigroup
Value* (8) 1913.808 5.448 13.758 12.712
S&P 500/Citigroup
Growth* (8) 1122.011 1.972 9.808 17.109
S&P MidCap 400/Citigroup
Value* (8) 711.760 5.428 16.150 20.409
S&P MidCap 400/Citigroup
Growth* (8) 604.718 3.322 12.298 25.843
S&P SmallCap 600/
Citigroup Value* (8) 403.535 3.315 16.408 12.693
S&P SmallCap 600/
Citigroup Growth* (8) 276.239 1.261 12.560 14.533
S&P Global Indices
S&P Asia 50 (US$) (7) 3679.72 -3.16 9.81 40.88
S&P Europe 350 (EURO) (7) 1368.23 5.08 13.85 21.16
S&P Europe 350 (US$) (7) 1766.15 5.80 15.66 25.59
S&P Global 100 (US$) (7) 1441.29 4.08 13.36 16.52
S&P Global 1200 (US$) (7) 1550.16 3.72 12.40 20.75
S&P Latin America 40
(US$) (8) 5168.65 2.03 8.34 54.57
S&P/TOPIX 150 (US$) (8) 1286.60 3.74 10.51 10.41
S&P/TOPIX 150 (YEN) (8) 923.43 1.05 5.98 13.15
S&P Euro (Euro) (7) 1518.68 5.72 14.08 19.23
S&P Euro (US$) (7) 1986.06 6.44 15.89 23.58
S&P Euro Plus (EURO) (7) 1493.36 5.42 14.67 20.17
S&P Euro Plus (US$) (7) 1976.78 6.14 16.49 24.56
S&P United Kingdom (PDS) (7) 1474.78 7.51 12.83 14.48
S&P /TSX 60 (CN$) (9) 1379.52 -0.10 3.90 23.03
S&P/ASX 50 30967.98 6.63 18.56 23.89
S&P ADR Index (USD) (TR) (7) 1825.35 2.77 10.73 25.45
S&P Japan 500 (YEN) (TR) (7) 996.76 1.48 7.38 14.16
S&P 700 (USD) (TR) (7) 1906.28 3.81 13.02 26.15
S&P/ASX 200 (AUD) (TR) 30939.49 6.57 18.94 24.75
S&P/TSX Composite Index (TR) 28407.39 0.95 5.57 23.68
S&P Fixed Income Indices
S&P National Municipal
Bond Index (12) - 1.81% 2.61% 9.82%
S&P California - 2.20% 3.00% 8.87%
S&P New York - 1.77% 2.77% 10.40%
S&P National 0-5 Year - 0.07% 1.08% 3.11%
S&P U.S. Commercial
Paper Index - 0.04% 0.13% 0.57%
S&P/LSTA Loan 100 - 1.24% 10.33% 42.14%
S&P/Citigroup International
Treasury Bond ex-US - 2.01% 4.77% 5.73%
S&P/Citigroup International
Treasury Bond ex-US 1-3 Year - 1.50% 2.53% 5.99%
S&P US Indices 12 Months 3 Years 5 Years 10 Years
S&P 500 (1) -18.253 -5.778 0.494 -0.794
S&P MidCap 400 (2) -18.171 -2.988 3.977 6.541
S&P SmallCap 600 (3) -20.733 -5.282 2.857 6.578
S&P 900 (4) -18.258 -5.552 0.789 -0.252
S&P 1000 (4) -19.021 -3.773 3.587 6.541
S&P Composite 1500 (4) -18.351 -5.543 0.871 -0.039
S&P 100 (5) -17.218 -5.259 -0.164 -1.824
S&P 500 Equal Weighted (7) -13.905 -4.285 2.875 4.282
S&P 500/Citigroup
Value* (8) -20.566 -8.230 0.009 0.557
S&P 500/Citigroup
Growth* (8) -16.084 -3.429 0.871 -2.412
S&P MidCap 400/Citigroup
Value* (8) -17.551 -4.529 3.523 7.966
S&P MidCap 400/Citigroup
Growth* (8) -18.931 -1.487 4.306 5.072
S&P SmallCap 600/
Citigroup Value* (8) -19.441 -6.248 2.294 6.827
S&P SmallCap 600/
Citigroup Growth* (8) -22.311 -4.379 3.345 5.474
S&P Global Indices
S&P Asia 50 (US$) (7) -4.60 4.89 12.91 8.68
S&P Europe 350 (EURO) (7) -13.90 -7.66 3.45 0.07
S&P Europe 350 (US$) (7) -15.69 -4.02 6.92 3.16
S&P Global 100 (US$) (7) -13.32 -3.50 3.05 -0.29
S&P Global 1200 (US$) (7) -16.26 -4.31 3.96 1.30
S&P Latin America 40
(US$) (8) -15.73 13.47 27.90 20.58
S&P/TOPIX 150 (US$) (8) -12.35 -8.35 2.01 -1.21
S&P/TOPIX 150 (YEN) (8) -25.47 -15.26 -1.34 -2.99
S&P Euro (Euro) (7) -15.06 -6.81 4.73 0.47
S&P Euro (US$) (7) -16.83 -3.14 8.24 3.58
S&P Euro Plus (EURO) (7) -13.02 -6.27 5.08 0.86
S&P Euro Plus (US$) (7) -14.83 -2.59 8.59 3.97
S&P United Kingdom (PDS) (7) -8.04 -1.90 5.99 1.47
S&P /TSX 60 (CN$) (9) -17.96 1.06 9.43 6.97
S&P/ASX 50 -5.91 0.81 9.83 8.80
S&P ADR Index (USD) (TR) (7) -15.57 -2.59 7.62 3.37
S&P Japan 500 (YEN) (TR) (7) -22.93 -14.63 -1.06 -2.25
S&P 700 (USD) (TR) (7) -14.52 -2.88 7.80 3.79
S&P/ASX 200 (AUD) (TR) -8.06 0.07 9.48 -
S&P/TSX Composite Index (TR) -18.22 -0.62 8.04 6.73
S&P Fixed Income Indices
S&P National Municipal
Bond Index (12) 5.49% 3.92% 4.14% -
S&P California 4.50% 3.62% 4.08% -
S&P New York 6.05% 4.23% 4.30% -
S&P National 0-5 Year 4.64% 4.74% 3.71% -
S&P U.S. Commercial
Paper Index 0.00% 0.00% 0.00% -
S&P/LSTA Loan 100 3.67% 2.10% 3.40% -
S&P/Citigroup International
Treasury Bond ex-US 10.38% 9.04% 7.37% -
S&P/Citigroup International
Treasury Bond ex-US 1-3 Year 8.50% 8.71% 6.53% -
S&P US Indices Dividends and Reinvested Values*
Dividends
Monthly % Chg.
Dividend w/o Dividends
S&P 500 (1) 2.462 3.357
S&P MidCap 400 (2) 0.938 4.217
S&P SmallCap 600 (3) 0.270 2.197
S&P Composite 1500 (4) 0.531 3.383
S&P 100 (5) 1.237 3.145
S&P 500/Citigroup Value* (8) 1.188 5.190
S&P 500/Citigroup Growth* (8) 1.255 1.723
S&P MidCap 400/Citigroup Value* (8) 0.540 5.181
S&P MidCap 400/Citigroup Growth* (8) 0.148 3.266
S&P SmallCap 600/Citigroup Value* (8) 0.295 3.177
S&P SmallCap 600/Citigroup Growth* (8) 0.085 1.217
Reinvested Index Value
Inception Index
Date** Value
S&P 500 (5) 1988 1670.523
S&P MidCap 400 (10) 1991 853.822
S&P SmallCap 600 (11) 1993 350.417
*Beginning September 30, 2009, Dividend Reinvested Values, Monthly Dividends and Percent Change without Dividends will no longer be provided.
Notes:
Dividend Reinvested Index Inception Dates:
(1)1970, (2)1981, (3)1984, (4)1994, (5)1988, (6)1997, (7)1989, (8)1995, (9)1987 (10)1991, (11)1993, (12)9/4/07-3,069 bonds
*3, 5 and 10 year returns are based on the blended S&P/Barra & S&P/Citigroup Indices.
3, 5 and 10 year total returns are compounded annually.
** Dividends reinvested daily
Standard & Poor's, a division of The McGraw-Hill Companies , is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 8,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com/.
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.com/.
Standard & Poor's
CONTACT: Standard & Poor's Index Services, +1-212-438-2046, index_services@sandp.com
Web Site: http://www.standardandpoors.com/
General Dynamics NASSCO Delivers USNS Wally Schirra
SAN DIEGO, Sept. 1 /PRNewswire-FirstCall/ -- General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics , today delivered USNS Wally Schirra (T-AKE 8) to the U.S. Navy. The ship is named in honor of the fifth American launched into space, Navy Captain Walter M. "Wally" Schirra, Jr.
Construction of the USNS Wally Schirra began in October 2007. The 689-foot-long ship will serve under the Navy's Military Sealift Command and will soon begin delivering as much as 10,000 tons of dry cargo and petroleum products at one time to U.S. and allied ships at sea.
"As demonstrated on the very successful sea trials four weeks ago, the Wally Schirra is superb in fit and finish, and ready for immediate service," said Frederick J. Harris, president of General Dynamics NASSCO. "The Schirra and the other T-AKEs fulfill a vital naval logistics role. NASSCO will continue to support that critical Navy mission through the timely delivery of these high-quality, versatile ships in the future."
Including the Wally Schirra, NASSCO has delivered eight T-AKEs, which are also known as Lewis and Clark-class ships. NASSCO has construction contracts for four additional ships and long-lead material contracts for two more ships for a total class of 14 T-AKE vessels.
General Dynamics NASSCO employs more than 4,500 people and is the only major ship construction yard on the West Coast of the United States. In addition to T-AKE construction, the San Diego shipyard is also building three commercial product carriers for American Petroleum Tankers, a shipbuilding joint venture led by the Blackstone Financial Group. More information about NASSCO can be found at http://www.nassco.com/.
General Dynamics, headquartered in Falls Church, Va., employs approximately 92,000 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at http://www.gd.com/.
General Dynamics NASSCO
CONTACT: Karl D. Johnson of General Dynamics NASSCO, +1-619-544-8860, or cell, +1-619-756-5039, kjohnson@nassco.com
Web Site: http://www.nassco.com/
We Energies Plans Biomass Plant at Domtar Rothschild Mill Site50-megawatt renewable energy facility to be fueled by wood
ROTHSCHILD, Wis., Sept. 1 /PRNewswire/ -- We Energies announced today the proposed construction of a $250 million biomass-fueled power plant at Domtar Corporation's Rothschild, Wisconsin paper mill site. Wood, waste wood and sawdust will be used to produce 50 megawatts of electricity and will also support Domtar's sustainable papermaking operations. The project would be funded by We Energies.
The partnership between We Energies and Domtar will result in a highly efficient use of resources and will add another technology to We Energies' renewable energy portfolio.
That portfolio includes the state's largest wind development -- the 145 megawatt Blue Sky Green Field Wind Energy Center in Fond du Lac County and the proposed 162 megawatt Glacier Hills Wind Park in Columbia County. Together, these three projects will be capable of delivering nearly 360 megawatts of renewable energy, enough to supply approximately 120,000 homes.
Today's announcement was made by Gale Klappa, president and chief executive officer of We Energies and John D. Williams, president and chief executive officer of Domtar Corporation. Wisconsin Governor Jim Doyle joined State Senator Russ Decker, State Representative Donna Seidel, Rothschild Village President Neal Torney and local labor leaders at the announcement.
"Forest sustainability has long been a hallmark of Domtar's operations in Rothschild, and we're delighted to tap into this expertise as we expand our production of renewable energy," said Gale Klappa, We Energies chairman, president and chief executive officer.
John D. Williams, Domtar's president and chief executive officer added, "With this partnership with We Energies we have the potential to create a real win-win situation by bringing jobs to the community, improving our mill's competitiveness and providing more green power to the State of Wisconsin."
Under Wisconsin law, utilities statewide must use renewable energy to meet 10 percent of the electricity needs of retail customers by the year 2015.
The project is expected to create approximately 400 construction jobs and 150 permanent jobs in the surrounding community, including independent wood suppliers and haulers from northern and central Wisconsin who will secure waste wood for the project.
Wood is a substantial renewable resource that can be used as fuel for producing electricity while reducing greenhouse gas emissions. Local independent contractors secure the waste wood from area forests and transport it to the mill site. Studies indicate that area forests within a 75-mile radius of the Rothschild Mill can support this proposed power plant, and the project could provide a significant opportunity to further improve forest health.
Domtar Corporation is approximately 77% energy self-sufficient across its North American manufacturing footprint of 15 pulp and paper mills. The average Domtar pulp and paper facility draws approximately 84% of its thermal energy (energy required to make steam) from renewable fuels such as biomass and spent cooking liquor. Since 2002, Domtar has increased its use of renewable energy by 12.5% and decreased its use of non-renewable energy by 22%.
The proposed construction of this steam plant will help improve the Domtar Rothschild mill's energy efficiency by providing access to more renewable energy sources and virtually eliminating its use of fossil fuels. The project also supports Domtar's commitment to environmental leadership.
We Energies will file an application for a Certificate of Authority with the Public Service Commission of Wisconsin in early 2010, requesting approval for the biomass plant. If approved, the plant is expected to be completed in the first half of 2013.
About We Energies
We Energies serves more than 1.1 million electric customers in Wisconsin and Michigan's Upper Peninsula and more than 1 million natural gas customers in Wisconsin. Our electricity prices are well below the national average. We Energies is the trade name of Wisconsin Electric Power Company and Wisconsin Gas LLC, the principal utility subsidiaries of Wisconsin Energy Corporation . Visit the We Energies Web site at http://www.we-energies.com/. Learn more about Wisconsin Energy Corporation by visiting http://www.wisconsinenergy.com/.
About Domtar
Domtar Corporation (NYSE/TSX: UFS) is the largest integrated manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world based on production capacity, and is also a manufacturer of papergrade, fluff and specialty pulp. The Company designs, manufactures, markets and distributes a wide range of business, commercial printing and publishing as well as converting and specialty papers including recognized brands such as Cougar , Lynx Opaque, Husky Offset, First Choice and Domtar EarthChoice Office Paper, part of a family of environmentally and socially responsible papers. Domtar owns and operates Domtar Distribution Group, an extensive network of strategically located paper distribution facilities. Domtar also produces lumber and other specialty and industrial wood products. The Company employs nearly 10,500 people. To find out more, go to http://www.domtar.com/
We Energies
CONTACT: Brian Manthey of We Energies, +1-414-221-4444
Web Site: http://www.we-energies.com/
Company News On-Call: http://www.prnewswire.com/comp/134043.html http://www.prnewswire.com/comp/947950.html
Residents Near Beulah, Glen Ullin and Halliday, North Dakota, to Benefit From Verizon Wireless Network EnhancementsNew Cell Sites Mean Clearer Reception, Fewer Dropped Calls
BISMARCK, N.D., Sept. 1 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated three new cell sites west of Bismarck near Beulah, Glen Ullin and Halliday, North Dakota. These sites enable more customers to use their wireless phones concurrently to make calls; send and receive email and text, picture and video messages; access the Internet; view high-quality videos; and download music, games and ringtones, while enjoying clearer reception and fewer dropped calls.
The following is a description of the improved network coverage areas:
-- Near Beulah - Located south of Beulah, the new cell site improves
coverage along State Highway 49 between Beulah and Interstate 94; east
for six miles on 21st Street Southwest from State Highway 49; and west
for four miles on County Road 25.
-- Glen Ullin - The new cell site located south of Glen Ullin along
County Road 139 improves coverage along State Highway 49 north to 40th
Street and south to 43rd Street, and along County Road 139 east to
County Road 87 and west to 69th Avenue North.
-- Halliday - The new cell site located south of Halliday on State
Highway 200/State Highway 8 improves coverage in Halliday and Dodge
and north of Halliday for five miles on State Highway 8; south of
Halliday for four miles on State Highway 8; east of State Highway 8
for nine miles on State Highway 200; west of State Highway 8 for six
miles on State Highway 200.
"Network reliability is the No. 1 reason that customers choose and stay with Verizon Wireless," said Nancy Clark, president-Great Plains Region, Verizon Wireless. "Getting through on the first try and maintaining a connection are critical to our customers, so we continue to optimize our network to provide them with the best overall experience."
These new cell sites are part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in North Dakota and throughout the country. Verizon Wireless has invested more than $50 billion since it was formed--$5.5 billion on average every year--to increase the coverage and capacity of its premier nationwide network and to add new services. In North Dakota, Verizon Wireless has invested more than $160 million since 2001 on new cell sites and other network improvements.
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.
Verizon Wireless
CONTACT: Karen Smith of Verizon Wireless, +1-763-595-2511, Karen.Smith@Verizonwireless.com; or Maureen Cahill, +1-952-447-8933, Mcahill@mcfarlandcahill.com, for Verizon Wireless
Web Site: http://www.verizonwireless.com/
Affitech élit le Dr Robert Burns comme PDG et le Dr Alexander Duncan comme vice-président directeur de la recherche et du développement
COPENHAGUE et OSLO, September 1 /PRNewswire/ --
- Des cadres expérimentés dans la biopharmacologie forment la nouvelle
équipe dirigeante de la compagnie de médicaments anticorps
Affitech A/S, (Nasdaq OMX: AFFI), société pharmaceutique spécialisée dans
la fabrication de médicaments anticorps, a annoncé aujourd'hui qu'elle avait
élu deux cadres expérimentés en biotechnologie pour diriger son équipe de
direction. Le Dr Robert Burns, ancien PDG de Celldex Therapeutics Inc., prend
ainsi la direction d'Affitech en acceptant le poste de nouveau
président-directeur général. Le Dr Alexander Duncan, ancien vice-président
directeur de la biopharmacologie pour Astra Zeneca - Medimmune, rejoint
également Affitech en tant que vice-président directeur de la recherche et du
développement. Le Dr Robert Burns succède au Dr Achim Kaufhold qui, ayant
réussi l'association récente d'Affitech et de Pharmexa, quitte la compagnie.
Le Dr Martin Welschof, directeur d'Affitech Research AS, à Oslo, reste à son
poste.
Robert Burns est un dirigeant d'entreprise expérimenté dans le domaine
des biotechnologies. Il rejoint Affitech après la fusion réussie de Celldex
Therapeutics et de Avant Immunotherapeutics cotée au NASDAQ. Avant Celldex,
Robert fut le directeur du service d'autorisation d'exploitation
technologique au Ludwig Institute pour la recherche sur le cancer, où il joua
l'un des rôle clés dans la société issue de la scission de 3 compagnies
prospères, Piramedau au Royaume-Uni, Lymphatix en Finlande et Recepta, une
société d'anticorps thérapeutiques, au Brésil. Avant cela il fut directeur
commercial chez Oxford Glycosciences et British Biotech. Robert est également
le directeur indépendant d'Haemostatix, une compagnie en premier
développement spécialisée dans les hémofluidifiants.
Il est licencé en chimie et a passé un doctorat d'analyse des
oligosaccharides à l'université de Birmingham.
Alexander Duncan est l'un des principaux chercheurs sur les anticorps et
l'un des principaux leaders du marché. Il fut membre de la direction générale
des recherches en amont chez Astra Zeneca et vice-président directeur de la
biopharmacologie. Il a dirigé le service anglais de recherche en amont à
Cambridge, anciennement Cambridge Antibody Technology (CAT), grâce à son
intégration avec Medimmune. Avant son acquisition par Astra Zeneca, Alex fut
le vice-président directeur de la recherche en amont de médicaments chez CAT,
où il a élaboré une technique de recherche en amont des anticorps reconnue au
niveau mondial. Outre le rôle important qu'il a joué dans la création de
l'association de CAT-AZ, il a dirigé les collaborations de recherches en
amont avec Wyeth, Merck, Human Genome Sciences, Elan, Pfizer, Immunex et
d'autres encore. Alex a obtenu son doctorat dans le laboratoire du Dr. Sir
Greg Winter au Laboratoire CPIRM de biologie moléculaire, à l'université de
Cambridge, et a ensuite été titulaire de plusieurs postes à l'université de
Californie à San Diego.
Commentant ces changements de direction, le Dr Keith McCullagh,
Président d'Affitech, a déclaré : << Je suis ravi d'accueillr Robert
Burns et Alex Duncan chez Affitech. Ils apportent leur expérience
exceptionnelle en structurant les associations biotechnologiques, la
recherche en amont et le développement des thérapies d'anticorps humains
concurrentiels. Je suis sûr que sous leur direction scientifique et
commerciale, Affitech, récemment cotée, deviendra un nouveau concurrent
international dans le secteur pharmaceutique des anticorps humains qui est en
pleine expansion. >>
<< Je voudrais également remercier le Dr Achim Kaufhold pour son
dévouement et son engagement tout au long de l'année dernière, qui ont
contribué au succès d'Affitech et je lui souhaite de réussir lorsqu'il
retournera en Suisse pour poursuivre d'autres objectifs. >>
Le Dr Robert Burns, nouveau PDG d'Affitech, a commenté : << Alex et moi
sommes tous deux ravis de rejoindre l'équipe d'Affitech en ce moment de grand
changement. La Compagnie a développé une technologie de sélection des
anticorps de pointe qui s'est déjà montrée efficace en générant de possibles
thérapies aux anticorps humains dans le traitement des nouvelles maladies qui
représentaient autrefois un défi. Je crois qu'Affitech possède un avantage
concurrentiel important dans le domaine des anticorps et j'ai hâte de faire
de cette entreprise une compagnie biopharmaceutique qui sera prospère dans le
monde entier. >>
Les changements de direction annoncés aujourd'hui prennent effet
immédiatement.
À propos d'Affitech
Affitech A/S est une compagnie spécialisée dans les anticorps
thérapeutiques humains fondée sur la technologie moderne de l'écran de
visualisation phagique couplée au dépistage pointu des anticorps et aux
systèmes de sélection. La Compagnie a développé en particulier un
savoir-faire spécialisé (i) pour identifier et créer de nouveaux anticorps
pharmaceutiques efficaces avec des propriétés améliorées par rapport aux
anticorps déjà commercialisés; et (ii) pour isoler les nouvelles spécificités
des anticorps qui interagissent et empêchent certains récepteurs de surface
cellulaires de fonctionner. La perspective des produits émergeants rapidement
de la Compagnie se fonde sur les produits dans les domaines du cancer, de
l'immunologie et de l'angiogénèse. Suite à son acquisition de Pharmexa A/S,
réalisée en juin 2009, la compagnie nouvellement cotée à l'OMX de Copenhague
projette d'augmenter son investissement en actions afin de fonder le
développement clinique de ces compagnies et d'autres candidats. Pour de plus
amples informations, consultez le site web http://www.affitech.com.
Affitech AS
Pour plus d'informations, veuillez contacter : Affitech : Dr. Keith McCullagh, Président, +44(0)7939-573548, keith.mccullagh@btinternet.com; Relations avec les médias : Richard Hayhurst, Schwartz Communications, +44(0)7711-821527, richard@hayhurstmedia.com
Microsoft offre un aperçu technologique communautaire de Windows Embedded Standard 2011 basé sur Windows 7
REDMOND, Washington, September 1 /PRNewswire/ --
- La version CTP (Community Technology Preview, aperçu technologique
communautaire) de Windows Embedded Standard 2011 est disponible dès
aujourd'hui pour le téléchargement afin de faire participer la communauté
mondiale de développeurs de Microsoft au lancement de la plateforme Windows
de prochaine génération destinée aux dispositifs spécialisés.
Aujourd'hui, Microsoft Corp a lancé la version CTP de Windows Embedded
Standard 2011 (anciennement connu sous le nom de code << Quebec >>) intégré à
Windows 7, pour les fabricants de systèmes et les développeurs de terminaux
spécialisés de partout dans le monde sur son site ouvert au grand public,
http://connect.microsoft.com/windowsembedded. Windows Embedded Standard 2011
livre les plus récentes technologies de Windows 7 aux fabricants de systèmes,
ce qui leur permet de mettre plus rapidement sur le marché des appareils
spécialisés à haut rendement, de différencier ce matériel par des expériences
novatrices de l'utilisateur, et de combler les clients avec ces terminaux qui
élargissent l'expérience de l'utilisateur Windows à des dispositifs
spécialisés à partir de PC fonctionnant avec Windows, de serveurs et d'autres
services en ligne.
(Logo : http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
<< Afin de satisfaire la demande pour des expériences améliorées
d'utilisateurs et de connectivité au sein des catégories d'appareils
spécialisés en croissance rapide, Microsoft a opté pour une stratégie de
lancement des technologies basées sur Windows 7 aux fabricants de systèmes du
marché des produits intégrés >>, a déclaré Kevin Dallas, directeur général de
la division Windows Embedded Business chez Microsoft. << Le lancement de la
version CTP de Windows Embedded Standard 2011 permet à notre écosystème
mondial de fabricants de systèmes, partenaires et développeurs de bénéficier
des caractéristiques améliorées des plateformes de prochaine génération basée
sur Windows 7 et de nous offrir leurs réactions avant le lancement général de
la fabrication. Nous encourageons la communauté intégrée à profiter
pleinement du lancement de la version CTP et de se réjouir avec nous du futur
lancement des plateformes de Windows Embedded qui intègrent les technologies
de Windows 7 >>.
Les caractéristiques et les fonctionnalités de Windows 7 disponibles sur
Windows Embedded Standard 2011
Windows Embedded Standard 2011 livre la puissance, la familiarité et la
fiabilité du système d'exploitation de Windows 7 sous une forme
personnalisable et pratique, et permet aux fabricants de systèmes
d'automatisation industrielle, de divertissement, d'appareils électroniques
de grande consommation et d'autres marchés de se concentrer sur les
compétences essentielles et créer une différence pour leurs produits. Au lieu
d'investir dans les plateformes de développement, Windows Embedded Standard
2011 permet aux fabricants de systèmes de choisir uniquement les éléments
dont ils ont besoin pour créer une plateforme sur mesure de façon à ce
qu'elle corresponde aux exigences de leurs appareils. Des outils de
développement conviviaux et faciles à utiliser et des caractéristiques
permettant l'intégration contribuent à réduire davantage les frais de
développement et à augmenter la vitesse de mise sur le marché pour les
clients légers, les points de service (PDS), les kiosques, les imprimantes
médicales multifonctionnelles et autres appareils.
Windows Embedded Standard 2011 comporte les capacités et les
caractéristiques suivantes :
- Adapté aux entreprises, il offre la capacité aux organismes d'étendre
en continu les investissements existants dans la gestion et
l'infrastructure technologiques à des appareils en utilisant les
politiques de groupe d'Active Directory et Microsoft System Center
Configuration Manager, en plus d'une interopérabilité augmentée pour
les scénarios de serveurs client avec Microsoft Terminal Services
(connexion aux bureaux à distance) et Virtual Desktop Infrastructure
(VDI, virtualisation pour le poste de travail)
- Les dernières innovations technologiques de Windows afin d'améliorer
les expériences des utilisateurs sur des appareils spécialisés grâce à
la sécurité d'Internet Explorer 8, aux capacités média de Windows Media
Player 12, à un serveur de client amélioré avec Microsoft Remote
Desktop Protocol (RDP) 7.0 et à Microsoft .NET Framework 3.5
- Expériences d'utilisateur riches et immersives grâce à un support de 64
bits d'unité centrale, une interface-utilisateur Windows Aero, Windows
Presentation Foundation, Windows Touch (interfaces tactiles
multitouches) et la navigation Flip 3D de Windows
- Capacité à mettre au point des solutions écologiques avec des API
(interface de programmation d'applications) intelligentes de gestion de
consommation énergétique afin que les développeurs puissent mettre au
point des applications qui peuvent améliorer les temps de veille des
unités centrales et réduire la consommation d'énergie
ESC de Boston
À l'occasion de l'Embedded Systems Conference (ESC) de Boston (du 21 au
24 septembre, au Hynes Convention Center), Kevin Dallas, directeur général de
la division Windows Embedded Business de Microsoft, prononcera un discours
sur l'industrie le mardi 22 septembre, à 10 h 30. M. Dallas expliquera de
façon détaillée comment la plateforme de logiciels et services de Windows
Embedded permet aux développeurs et aux fabricants de systèmes de fournir la
valeur unique de Windows sur les appareils spécialisés, et de partager une
mise à jour de guide infonaute de produits Windows Embedded.
Microsoft participera également aux séminaires << Build Your Own
Embedded System >> (comment construire votre propre système intégré) de
TechInsight qui permettent aux participants de repartir avec une trousse de
conception à configuration personnalisée basée sur Windows Embedded Standard
2011. Les participants à la conférence peuvent visiter le kiosque de
Microsoft (no 400) ou visiter le site
http://esc-boston.techinsightsevents.com pour plus d'informations.
Ressources communautaires disponibles avant et après le lancement
Une accréditation << Microsoft Certified Technology Specialist (MCTS) >>
(spécialiste en technologie certifié par Microsoft), une trousse de
préparation et un logiciel de formation seront disponibles pour Windows
Embedded Standard 2011 pendant la période qui s'étend de son lancement à sa
fabrication, vers le deuxième semestre de 2010. Une liste de formations
supplémentaires à Windows Embedded est disponible sur
http://www.microsoft.com/windowsembedded/en-us/about/training.mspx.
Microsoft offrira également une série de cinq webinaires gratuits qui
étudieront les fonctionnalités améliorées, les capacités de réseautage, et la
sécurité et la fiabilité améliorées de Windows Embedded Standard 2011. Les
participants peuvent s'inscrire à l'adresse
https://swrt.worktankseattle.com/webcast/2672/preview.aspx. Une liste
complète d'événements et de séminaires techniques supplémentaires est
disponible à l'adresse
http://www.microsoft.com/windowsembedded/en-us/news/events/default.mspx.
Des informations supplémentaires sur Windows Embedded Standard 2011 et le
portfolio complet de plateformes et de technologies de Windows Embedded sont
disponibles à l'adresse http://www.microsoft.com/windowsembedded.
À propos de Microsoft
Microsoft (Nasdaq : MSFT), fondé en 1975, est le leader mondial des
logiciels, des services et des solutions qui aident les particuliers ainsi
que les entreprises à réaliser leur plein potentiel.
À propos de Microsoft EMEA (Europe, Moyen-Orient et Afrique)
Microsoft est présent dans l'EMEA depuis 1982. Microsoft emploie dans la
région plus de 16 000 personnes au sein de 64 filiales, en fournissant des
produits et des services dans plus de 139 pays et territoires.
Le présent document ne sert qu'à des fins d'information. Microsoft Corp
rejette toutes les garanties et les conditions concernant l'utilisation du
présent document à d'autres fins. Microsoft Corp ne pourra à aucun moment
être tenue responsable des dommages directs, indirects, particuliers ou
consécutifs, ayant été occasionnés au cours d'une action contractuelle, d'une
négligence, ou de toute autre action découlant de l'utilisation ou du
rendement du présent document, ou qui y est liée. Aucun des propos contenus
dans le présent document ne peut être interprété comme une forme quelconque
de garantie.
Microsoft Corp
Jacob Grimm de Weber Shandwick, +1-212-445-8030, jgrimm@webershandwick.com, pour Microsoft / Logo : http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO / NOTE AUX RÉDACTEURS : Si vous souhaitez obtenir de plus amples renseignements sur les activités de Microsoft au sein de l'EMEA, veuillez consulter le site http://www.microsoft.com/emea ou le centre de presse de l'EMEA à l'adresse http://www.microsoft.com/emea/presscentre. Les liens Web, les numéros de téléphone et les titres étaient exacts au moment de la publication, mais peuvent avoir été modifiés depuis. Pour obtenir de l'aide additionnelle, les journalistes et les analystes peuvent contacter les personnes-ressources appropriées dont le nom figure à l'adresse http://www.microsoft.com/emea/presscentre/contactus.mspx. Si vous souhaitez obtenir de plus amples renseignements au sujet de Microsoft Corp, veuillez visiter le site Web de Microsoft à l'adresse http://www.microsoft.com/presspass dans les pages contenant des renseignements d'entreprise de Microsoft.
Lockheed Martin Air Traffic Management Automation System for Republic of Kazakhstan Achieves Full Operation
ROCKVILLE, Md., Sept. 1 /PRNewswire/ -- A SkyLine automated air traffic management (ATM) system supplied by Lockheed Martin has gone into full operation at the Aktobe Area Control Center (ACC) and three remote towers in Kazakhstan.
The system, installed under contract with Kazaeronavigatsia, the air navigation authority for Kazakhstan, is part of a major modernization program using advanced technologies to achieve the highest standards of quality, safety and security in air traffic management for the region. The system achieved site acceptance ahead of schedule earlier this year and completed the transition in late June.
A comprehensive commercial, off-the-shelf automation system, SkyLine ATM includes flight data processing and surveillance data processing capabilities that can function as a tower, terminal area, procedural or flow monitoring system service. It provides a flexible configuration of features and functions to fit user requirements.
At Aktobe, the system provides en route and approach control at the Aktobe ACC, as well as tower control at Aktobe and the airfields at Uralsk, Atyrau, and Aktau. The contract also includes a Lockheed Martin Omnyx air sovereignty system at the Astana area control center that provides air surveillance across the country and is the foundation for an interagency coordination center in that city, which is the Kazakhstan capital.
"We have been pleased to work with Lockheed Martin on this project, which enhances the safety, capacity and reliability of our national airspace," said Sergey Kulnazarov, the director general of Kazaeronavigatsia. "It has significantly advanced our progress toward achieving an integrated, national ATM program."
"Thanks to the efforts of Director General Kulnazarov, Kazaeronavigatsia and the Ministry of Transport and Communications, the international community recognizes the quality and safety of air navigation services provided by Kazaeronavigatsia," said Jeff Oltchick, senior manager international aviation programs with Lockheed Martin. "We are proud to be a part of their vision and to help them advance air traffic management modernization in Central Asia."
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
For additional information, visit our Web site: http://www.lockheedmartin.com/
Lockheed Martin
CONTACT: Jan Gottfredsen of Lockheed Martin, +1-301-640-4236, janet.gottfredsen@lmco.com
Web Site: http://www.lockheedmartin.com/
News Archives of September 2009
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
News Archives other dates
2009: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2006: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec |