Companies news of 2009-09-01 (page 2)
Zimmer Holdings to Present at Upcoming Investor Conferences
Cardiome Pharma Corp. Announces Commencement of US$27.5 Million Tender OfferNASDAQ: CRME...
Quantuvis Consulting Launches Second Best Practices Study For Advisors, Focusing on...
Residents Near Duluth, Minnesota to Benefit From Verizon Wireless Network EnhancementsNew...
Residents of Hudson, Wisconsin, to Benefit From Verizon Wireless Network EnhancementsNew...
Jedi Mind Medical Applications Division to Concentrate on Wheelchair Mobility Applications
Microsoft Announces Upcoming Events for the Financial CommunityEvents with Microsoft...
Photos: Nine West and Soles4Souls(TM) Inc. Announce Shoe Drive at Nine West Retail Stores...
American Imaging Management Reacts to New England Journal of Medicine Articles on...
Comcast Launches 64 New Channels in Oregon and SW Washington Including 32 New HD...
Ameren Illinois Utilities Helping Families to Be Prepared Before the Next Storm StrikesDu...
American Apparel Responds to Inquiry From UK Advertising Standards Authority
Winners Announced at Nokia World for its 2009 "Calling All Innovators" Global Developer...
July Is The Hottest Month To Date For Video-On-Demand--July Delivers More Than 655 Million...
Nissan North America Announces August Sales
Video: Panasonic Teams With New York Red Bulls to Enhance the Fan Experience at the New...
Cognizant to Present at Investor Conferences
Xodtec Group USA Inc. Hires New Director of R&D / Engineering
Harbin Electric Responds to Nasdaq Notification Letter on Audit Committee Requirements
ING Awards $100,000 in Grants to Combat Childhood ObesityStudents in Schools Across the...
Azure Dynamics to Present at the Rodman Renshaw Annual Global Investment Conference on...
Stryker Announces Organizational Changes
Density Dynamics Receives Payment for SSD Initial Phase with Wachovia
Colorado Springs School District 11 Selects tw telecom to Provide Voice, Internet and Data...
N-Viro International Corp. to Present at Rodman & Renshaw Annual Global Investment...
Gameloft Sells Over 6 Million Games on App Store
Federal Signal Announces New Training Program, Appoints Gary Toothe as Manager
Current Technology Restructures Debt Totalling $1,642,039 USD
Heartland, Inc. Announces Year End Revenue Projections
Spectra Energy Partners Announces Appointment of Two New Board Members
Zimmer Holdings to Present at Upcoming Investor Conferences
WARSAW, Ind., Sept. 1 /PRNewswire-FirstCall/ -- Zimmer Holdings, Inc. announced today it will be participating in the following investor conferences during the month of September:
-- Thomas Weisel Partners Healthcare Conference 2009 in Boston, Mass., on
September 9, 2009, at 11:30 a.m. Eastern Time;
-- Morgan Stanley Healthcare Unplugged 2009 Conference in New York, N.Y.,
on September 14, 2009, at 8:35 a.m. Eastern Time; and
-- UBS Global Life Sciences Conference in New York, N.Y., on September
21, 2009, at 8:00 a.m. Eastern Time.
Live webcasts of the presentations can be accessed via Zimmer's Investor Relations website at http://investor.zimmer.com/. The webcasts will be archived for replay following the conferences.
About the Company
Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, dental implants, and related surgical products. Zimmer has operations in more than 25 countries around the world and sells products in more than 100 countries. Zimmer's 2008 sales were approximately $4.1 billion. The Company is supported by the efforts of more than 8,000 employees worldwide.
For more information about Zimmer, visit http://www.zimmer.com/
Zimmer Holdings, Inc.
CONTACT: Media: Brad Bishop, +1-574-372-4291, bradley.bishop@zimmer.com, Investors: Paul Blair, +1-574-371-8042, paul.blair@zimmer.com, James T. Crines, +1-574-372-4264, james.crines@zimmer.com
Web Site: http://www.zimmer.com/
Cardiome Pharma Corp. Announces Commencement of US$27.5 Million Tender OfferNASDAQ: CRME TSX: COM
VANCOUVER, Sept. 1 /PRNewswire-FirstCall/ -- Cardiome Pharma Corp. ("Cardiome" or the "Company") announced that it has mailed an offer to purchase and issuer bid circular (the "Offer to Purchase and Circular") to its shareholders today in connection with its previously announced tender offer to purchase for cancellation up to 6,470,588 of its common shares for an aggregate purchase price of up to US$27.5 million. The Offer to Purchase and Circular is being filed with the securities regulatory authorities in the United States and Canada.
The tender offer will be conducted as a modified "Dutch auction", which will enable shareholders to select a price between US$4.25 per share and US$5.10 per share at which they are willing to tender their common shares to the offer. The purchase price will be the lowest price per share between US$4.25 and US$5.10 that enables Cardiome to purchase US$27.5 million of common shares. All common shares purchased under the offer will be purchased at the same price. Cardiome's directors and officers will not tender any of their common shares to the offer. The offer to purchase shares will expire on October 6, 2009 at 5:00 p.m. (Eastern Time), unless withdrawn or extended.
Oppenheimer Co. and Canaccord Capital Corporation (the "Dealer Managers") will serve as dealer managers for the tender offer in the United States and Canada, respectively, and Computershare Investor Services, Inc. (the "Depository") will act as depository.
Details of the Tender Offer
The Offer to Purchase and Circular contains full details of the tender offer and the procedures for tendering. The offer is not conditional upon a minimum number of common shares being tendered to the offer, but it is subject to certain other conditions that are specified in the Offer to Purchase and Circular. The offer to purchase shares will expire on October 6, 2009 at 5:00 p.m. (Eastern Time), unless withdrawn or extended.
As noted above, the modified "Dutch auction" procedures permit shareholders to select a price between US$4.25 per share and US$5.10 per share at which they are willing to sell their common shares to the Company. The purchase price, which will be the lowest price per share between US$4.25 and US$5.10 that enables Cardiome to purchase US$27.5 million of common shares, will be calculated immediately after the offer expires. All common shares purchased under the offer will be purchased at the same price, even if they were tendered at a price per share which is less than the purchase price. The Company will not purchase any common shares that are tendered to the offer at a price per share which is greater than the purchase price. If the number of common shares tendered to the offer at or below the purchase Price would result in an aggregate purchase price of more than US$27.5 million, the common shares tendered to the offer will be subject to pro-ration as described in the Offer to Purchase and Circular.
If the offer is fully subscribed at a purchase price of US$4.25 per share, Cardiome will purchase 6,470,588 common shares under the offer (representing approximately 10.1% of the issued and outstanding common shares as of the date hereof). If the offer is fully subscribed at a purchase price of US$5.10 per share, Cardiome will purchase 5,392,157 common shares under the offer (representing approximately 8.4% of the issued and outstanding common shares as of the date hereof).
Neither Cardiome nor any of its directors or officers, and neither of the Dealer Managers nor the Depository, makes any recommendation to any shareholder as to whether to tender or refrain from tendering common shares to the offer. Shareholders must make their own decision as to whether to tender common shares to the offer and, if so, how many common shares to tender to the offer. Shareholders are strongly encouraged to read the Offer to Purchase and Circular and to seek advice from their financial and tax advisors prior to making any decision with respect to the offer.
Press release is for informational purposes only
This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell Cardiome's common shares. The solicitation and the offer to buy Cardiome's common shares is being made only pursuant to the separate Offer to Purchase and Circular, and related documents. Cardiome is filing the Offer to Purchase and Circular and related documents with the Canadian securities regulatory authorities and a Tender Offer Statement on Schedule TO with the United States Securities and Exchange Commission (the "SEC"). Shareholders should carefully read the Tender Offer Statement, the Offer to Purchase and Circular, the related letter of transmittal and other related documents prior to making any decision with respect to the tender offer because they contain important information, including the various terms and conditions of the offer. The Offer to Purchase and Circular, the related letter of transmittal and certain other documents will be delivered without charge to all holders of Cardiome's common shares.
The Tender Offer Statement (including the Offer to Purchase and Circular, the related letter of transmittal and all other offer documents filed by Cardiome with the SEC) is available without charge at the SEC website at http://www.sec.gov/ or by calling the Corporate Secretary of Cardiome at (604) 676-6993. The Offer to Purchase and Circular, the related letter of transmittal and all other offer documents that are required to be filed in Canada are also available without charge at http://www.sedar.com/.
About Cardiome Pharma Corp.
Cardiome Pharma Corp. is a product-focused drug development company dedicated to the advancement and commercialization of novel treatments for disorders of the heart and circulatory system. Cardiome is traded on the NASDAQ Global Market (CRME) and the Toronto Stock Exchange (COM). For more information, please visit our web site at http://www.cardiome.com/.
Forward-Looking Statement Disclaimer
Certain statements in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including without limitation statements containing the words "believe", "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect" and similar expressions. Such forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause our actual results, events or developments, or industry results, to be materially different from any future results, events or developments expressed or implied by such forward-looking statements or information. Such factors include, among others, our stage of development, lack of product revenues, additional capital requirements, risk associated with the completion of clinical trials and obtaining regulatory approval to market our products, the ability to protect our intellectual property, dependence on collaborative partners and the prospects for negotiating additional corporate collaborations or licensing arrangements and their timing. Specifically, certain risks and uncertainties that could cause such actual events or results expressed or implied by such forward-looking statements and information to differ materially from any future events or results expressed or implied by such statements and information include, but are not limited to, the risks and uncertainties that: we, together with our collaborative partners, may not be able to successfully develop and obtain regulatory approval for vernakalant (iv) or vernakalant (oral) in the treatment of atrial fibrillation or any other current or future products in our targeted indications; our future operating results are uncertain and likely to fluctuate; we may not be able to raise additional capital; we may not be successful in establishing additional corporate collaborations or licensing arrangements; we may not be able to establish marketing and sales capabilities and the costs of launching our products may be greater than anticipated; we rely on third parties for the continued supply and manufacture of vernakalant (iv) and vernakalant (oral) and we have no experience in commercial manufacturing; we may face unknown risks related to intellectual property matters; we face increased competition from pharmaceutical and biotechnology companies; and other factors as described in detail in our filings with the Securities and Exchange Commission available at http://www.sec.gov/ and the Canadian securities regulatory authorities at http://www.sedar.com/. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements and information, which are qualified in their entirety by this cautionary statement. All forward-looking statements and information made herein are based on our current expectations and we undertake no obligation to revise or update such forward-looking statements and information to reflect subsequent events or circumstances, except as required by law.
Cardiome Pharma Corp.
CONTACT: Peter K. Hofman, Senior Director, Investor Relations, (604) 676-6993 or Toll Free: 1-800-330-9928, Email: phofman@cardiome.com
Quantuvis Consulting Launches Second Best Practices Study For Advisors, Focusing on Business DevelopmentFirst Best Practices Study on Business Performance Draws Strong Response
REDLANDS, Calif., Sept. 1 /PRNewswire/ -- Quantuvis Consulting, a subsidiary of Genworth Financial, Inc. , today launched its Business Development Study, second in the Best Practices Study Series(SM). The study is available to financial advisors free of charge and is designed to provide advisors with marketing best practices.
"With the market decline of the last two years, advisor revenues are down significantly," said Stephanie Bogan, President & CEO of Quantuvis Consulting. "In response, we developed a study that allows advisors to benchmark their marketing activities and learn from the best firms, enabling them to grow their revenue and return to previous business levels."
Some of the areas that the Business Development Study is focused on are:
-- The impact of markets on industry growth
-- What firms are growing and how they are doing so
-- Characteristics of fast-growing firms
-- Which niche markets are working best
-- What referral strategies are most effective
-- How much advisors should spend on marketing
-- Business development ideas that will help advisors grow their
practices
Advisors participating in the 30-minute, confidential study receive a complimentary online Marketing Dashboard that provides benchmarking on sources of new business, marketing budgets, client acquisition costs, marketing cost per advisor, percentage of target clients, client satisfaction ratings and revenue and growth projections.
The Business Development Study follows the first study in Quantuvis' series, Business Performance, which attracted participation of more than 1,000 advisors. Study findings will be released in October 2009.
The Best Practice Study Series, sponsored by Genworth Financial, takes advisor surveys to the next level with its ability to store data and direct information to a personalized dashboard. Advisors who completed the first study do not need to enter business profile information again; the online study will pre-populate each advisor's confidential data. "The goal is providing advisors with information that is actionable," says Bogan.
"We are committed to helping advisors assess and grow their practices, particularly in these challenging times," said Gurinder Ahluwalia, President & CEO of Genworth Financial Wealth Management. "It is more critical than ever for advisors to be empowered with information that helps them reach both their business and client goals. We are very pleased to sponsor this innovative Best Practice Study Series, which sets a new standard in advisor surveys by providing the type of business critical information that could previously only be obtained by hiring a consultant."
The Business Development Study is now open. Advisors can visit http://www.quantuvis.com/study and click the PARTICIPATE NOW button to login or register and complete the study.
For further information about the Best Practices Study Series, contact Dana Marino at (866) 798-5328 or at ascent@quantuvis.com.
About Quantuvis Consulting
Founded in 1996, Quantuvis is a leading consulting firm specializing in practice management consulting for the nation's top independent financial advisors and institutions. Located in Redlands, California, Quantuvis Consulting was acquired by Genworth Financial in 2008. quantuvis.com
About Genworth Financial Wealth Management, Inc.
Genworth Financial Wealth Management, a Genworth Financial Company, is an investment management and consulting firm dedicated to helping financial advisors build great businesses. Genworth Financial Wealth Management represents the merger of two Genworth subsidiaries, AssetMark Investment Services and Genworth Financial Asset Management, and provides one of the most comprehensive fee-based investment management platforms in the industry, in addition to client relationship management tools and practice management programs. For more information, visit genworthwealth.com.
About Genworth Financial
Genworth Financial, Inc. is a leading Fortune 500 global financial security company. Genworth has more than $100 billion in assets and employs approximately 6,000 people with a presence in more than 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of more than 15 million customers. Genworth operates through three segments: Retirement and Protection, U.S. Mortgage Insurance and International. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit genworth.com. From time to time Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com.
Quantuvis Consulting
CONTACT: Dana Marino of Quantuvis Consulting, +1-866-798-5328, Dana@quantuvis.com
Web Site: http://www.quantuvis.com/
Residents Near Duluth, Minnesota to Benefit From Verizon Wireless Network EnhancementsNew Cell Sites Mean Clearer Reception, Fewer Dropped Calls
DULUTH, Minn., Sept. 1 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated two new cell sites near Duluth, which 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 improved coverage is detailed below:
-- Southwest of Duluth from near the intersection of Interstate 35 and
Midway Road, the new cell site improves coverage in Eldes Corner and
north on Midway Road to County Road 696, south on Midway Road to West
Skyline Parkway, east on I-35 to South Boundry Avenue and west on I-35
to County Road 1.
-- Northwest of Duluth from one mile southeast of Burnett, the new cell
site improves coverage north on State Highway 33 to U.S. Highway 53;
south on State Highway 33 to Maple Grove Road, including improved
coverage in Grand Lake and Saginaw; east on County Road 7 to Canosia
Road; and west to the intersection of U.S. Highway 2 and Stevens Road,
including improved coverage in Brookston, west to County Road 55.
"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 Minnesota 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 Minnesota, Verizon Wireless has invested more than $565 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/
Residents of Hudson, Wisconsin, to Benefit From Verizon Wireless Network EnhancementsNew Cell Site Means Clearer Reception, Fewer Dropped Calls
HUDSON, Wis., Sept. 1 /PRNewswire/ -- Verizon Wireless, the wireless company with the highest customer loyalty, has activated a new cell site near north Hudson, which enables 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 new cell site, located near the intersection of State Highway 35 and Krattley Lane improves coverage as follows:
-- North to River Road;
-- South to St. Croix Street North;
-- East to Trout Brook Road;
-- West to the St. Croix River.
"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."
This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Wisconsin 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 2008, the company invested more than $55.4 million in its Wisconsin network.
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/
Jedi Mind Medical Applications Division to Concentrate on Wheelchair Mobility Applications
CARDIFF, Calif., Sept. 1 /PRNewswire-FirstCall/ -- Jedi Mind, Inc. (Pink Sheets: JEDM) (http://www.jedimindinc.com/) announced today that their Medical Division is now working on a number of medical applications for patients in wheelchairs. An estimated 1.6 million Americans residing outside of institutions use wheelchairs, according to data from the National Health Interview Survey on Disability (NHIS-D). Jedi Mind's Medical Division is seeking to develop software application that is entirely based on the cognitive process, or "thought control". Some applications already exist but depend more on physical input such as facial expressions.
"We have had much more success in the marketplace than we expected to have and it has enabled us to move quickly forward with our Medical Division. Our initial focus will be on helping people in wheelchairs and those that have mobility issues," said Brent Fouch, CEO of Jedi Mind, Inc. "We are already being contacted by Doctors and other medical professionals that want to participate in development of these applications. We have another initiative in our Medical Division that we expect to announce within the next couple of weeks as well. We are excited to begin work on products that can truly improve the lives of thousands of people," Fouch said.
About Jedi Mind, Inc.
Jedi Mind, Inc. develops software for thought controlled technologies, allowing the user to interact with the computer and other machines through the power of the mind. The technology involves the use of a wireless headset, developed by our strategic partner, which detects brainwaves on both the conscious and non-conscious level. This revolutionary neural processing technology makes it possible for computers to interact directly with the human brain. The Company plans to create multiple video games that are controlled by the power of your mind, which will be sold individually or bundled with the wireless headset.
Safe Harbor:
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
http://www.jedimindinc.com/
Jedi Mind, Inc.
CONTACT: Investor Relations, +1-760-753-7163, Contact@JediMindInc.com
Web Site: http://www.jedimindinc.com/
Microsoft Announces Upcoming Events for the Financial CommunityEvents with Microsoft leadership slated for September.
REDMOND, Wash., Sept. 1 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced participation in the following upcoming events with the financial community. Interested parties can view a webcast of these events on Microsoft's Investor Relations Web site at http://www.microsoft.com/msft.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Citi Annual Global Tech Conference
Wednesday, September 9, 2009
12:25 p.m. ET / 9:25 a.m. PT
Chris Liddell, chief financial officer, Microsoft
Jefferies Annual Technology Conference
Tuesday, September 15, 2009
11:45 a.m. ET / 8:45 a.m. PT
Charles Songhurst, general manager, Corporate Strategy
Deutsche Bank Technology Conference
Tuesday, September 15, 2009
6:05 p.m. ET / 3:05 p.m. PT
Rik van der Kooi, chief financial officer and corporate vice president,
Online Service Division
Conference Call: Segment Reporting Changes for Fiscal Year 2010
Tuesday, September 22, 2009
11 a.m. ET/8 a.m. PT
Tami Reller, chief financial officer and corporate vice president,
Windows Business Group
Frank Brod, chief accounting officer and corporate vice president,
Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Microsoft Corp.
CONTACT: financial analysts and investors only, Bill Koefoed, general manager, Investor Relations of Microsoft, +1-425-706-3703; or press only, Rapid Response Team, Waggener Edstrom Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com, for Microsoft Corp.
Web Site: http://www.microsoft.com/msft
Photos: Nine West and Soles4Souls(TM) Inc. Announce Shoe Drive at Nine West Retail Stores NationwideResidents across the U.S. are invited to recycle their 'gently worn' shoes for people in need
NEW YORK and NASHVILLE, Tenn., Sept. 1 /PRNewswire/ -- As part of the launch of the Nine West Vintage America Collection, Nine West and Soles4Souls are stepping up their partnership to collect gently worn footwear to benefit those in need. From September 9, 2009 through September 24, 2009 customers who bring in a pair of gently worn shoes into any Nine West retail store nationwide will receive 15% off any purchase of $75 or more, which can be used online or in-store. All 192 participating Nine West stores will donate the recycled shoes directly to Soles4Souls. Nine West is a division of Jones Apparel Group, Inc. .
To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/ninewest/39917/
In keeping with the authentic spirit of the Nine West Vintage America Collection, Nine West is proud to support Soles4Souls and help those in need worldwide with the gift of shoes. Nine West and Soles4Souls will work together to raise awareness and inspire others to make a contribution.
"Soles4Souls' mission is for people to use the shoes taking up space in their closets to change the world one pair at a time," Elsey said. "We are pleased to be partnering with Nine West and encourage all of our other partners to 'STEP UP' and get behind our call to action. Donating gently worn shoes is one of the most simplest yet profound gifts you can make, and it will greatly improve someone's life in the most difficult of times."
"As part of our ongoing partnership with Soles4Souls, we are thrilled to bring this program to Nine West consumers nationwide and enable them to join in the mission of recycling shoes and giving back to the community," said Jay Friedman, CEO Jones Retail Corporation. "Philanthropy has always been part of our company's DNA and with the help of our consumers we anticipate donating a lot of shoes to those in need."
Every 13 seconds, Soles4Souls, Inc. gives away a pair of shoes to someone in need. The shoe charity has earned glowing endorsements from Hollywood stars and professional athletes, but the people who truly make the non-profit organization effective are those who clean out their closets to personally drop off their 'gently worn' shoes at a participating location.
It is estimated that Americans have 1.5 billion pairs of unused shoes lying in their closets. Soles4Souls can use each and every one of these pairs to make a tangible difference in someone's life.
To donate or for more information visit http://www.giveshoes.org/.
About Jones Apparel Group
Jones Apparel Group, Inc. (http://www.jonesapparel.com/) is a leading designer, marketer and wholesaler of branded apparel, footwear and accessories. The Company also markets directly to consumers through its chain of specialty retail and value-based stores. The Company's nationally recognized brands include Jones New York, Nine West, Anne Klein, Gloria Vanderbilt, Kasper, Bandolino, Easy Spirit, Evan-Picone, l.e.i., Energie, Enzo Angiolini, Joan & David, Mootsies Tootsies, Sam & Libby, Napier, Judith Jack, Albert Nipon and Le Suit. The Company also markets costume jewelry under the Givenchy brand licensed from Givenchy Corporation, footwear under the Dockers Women brand licensed from Levi Strauss & Co and apparel under the Rachel Roy brand licensed from Rachel Roy IP Company, LLC. Each brand is differentiated by its own distinctive styling, pricing strategy, distribution channel and target consumer. The Company contracts for the manufacture of its products through a worldwide network of quality manufacturers. The Company has capitalized on its nationally known brand names by entering into various licenses for several of its trademarks, including Jones New York, Evan-Picone, Anne Klein New York, Nine West, Gloria Vanderbilt and l.e.i., with select manufacturers of women's and men's products which the Company does not manufacture. For more than 30 years, the Company has built a reputation for excellence in product quality and value, and in operational execution.
About Soles4Souls
Nashville-based Soles4Souls(TM) facilitates the donations of both new and used shoes, which are used to aid the hurting worldwide. Soles4Souls has distributed more than 5 million pairs (currently donating one pair every 13 seconds) to people in over 125 countries, including Honduras, Uganda, Romania, and the United States. The charity has been featured in Runner's World and the Green Guide by National Geographic. It has also appeared on CNN, NBC, ABC, FOX, CBS, BBC and hundreds of regional outlets around North America. Soles4Souls is a 501(c)(3) recognized by the IRS; donating parties are eligible for tax advantages. Visit http://www.giveshoes.org/ for more information.
Video: http://www.prnewswire.com/mnr/ninewest/39917
Nine West
CONTACT: Kim Dettwiller, Soles4Souls, kimd@giveshoes.org, +1-615-330-5656, or Quynh Dang, Nine West, qdang@jny.com, +1-212-536-9023
Web Site: http://www.jonesapparel.com/
American Imaging Management Reacts to New England Journal of Medicine Articles on Diagnostic ImagingArticles Highlight Need for Clinical Review and Information Sharing in Diagnostic Imaging
CHICAGO, Sept. 1 /PRNewswire/ -- American Imaging Management (AIM), an operating subsidiary of WellPoint, Inc. and one of the leading companies in the radiology benefit management industry, today commended articles on diagnostic imaging that appear in the August 27, 2009 issue of the New England Journal of Medicine.
The article "Exposure to Low-Dose Ionizing Radiation from Medical Procedures" reviews the results of a three-year study and concludes that as many as 4 million Americans a year may receive exposure to ionizing radiation from diagnostic imaging procedures. A related editorial titled "Elements of Danger--The Case of Medical Imaging" discusses the need for physicians to assess vigilantly the trade-off between the value and potential dangers of diagnostic imaging.
"These articles reinforce the notion that while diagnostic imaging is a powerful and invaluable clinical tool, managing the use of these services based on accepted clinical guidelines offers significant benefit to patients," said David Soffa, MD, MPA, FACR, AIM's senior vice president of Medical Affairs. "These articles also highlight the need to develop better ways to share information on the radiation issues that exist with these procedures."
AIM is one of the first companies to have developed a multi-faceted patient safety program to educate patients and providers regarding radiation exposure related to diagnostic imaging. Launched in 2008, AIM's Patient Safety website (http://www.americanimaging.net/safety) offers users an easy-to-use tool to evaluate radiation exposure from commonly ordered diagnostic imaging procedures as well as links to other websites discussing this issue. Additionally, AIM also informs physicians when they attempt to order diagnostic imaging studies for patients who have already been exposed to high levels of radiation from previous imaging studies.
"AIM's Patient Safety program offers patients and physicians with the resources needed to make informed decisions," said Dr. Soffa. "We hope that the information contained in the NEJM encourages them to take advantage of those resources."
About American Imaging Management
American Imaging Management, Inc. ("AIM") is a leading company in the radiology benefit management industry. AIM promotes the appropriate use of diagnostic imaging through the application of widely accepted clinical guidelines delivered through an innovative platform of technologies and programs. AIM pioneered the use of web technology in diagnostic imaging management and has continually integrated service and technology to create a more effective and efficient clinical review process to support the physician-patient relationship. Through a commitment to delivering excellence in clinical content, service, innovation and operational performance, AIM has developed a national client base of health plans, and currently provides management services to over 35 million health plan members. AIM is an operating subsidiary of WellPoint, Inc. . For more information on AIM, please visit http://www.americanimaging.net/.
American Imaging Management
CONTACT: Jill Becher, American Imaging Management, +1-262-523-4764
Web Site: http://www.americanimaging.net/
Comcast Launches 64 New Channels in Oregon and SW Washington Including 32 New HD ChannelsThe total HD channels for customers now exceed 100, with 64 launched in the past year. In addition, the company is adding 23 new Spanish language channels.
BEAVERTON, Ore., Sept. 1 /PRNewswire-FirstCall/ -- Comcast announced today the launch of 64 new channels in the Oregon and SW Washington market, including 32 new HD channels, 23 new Spanish language channels, five new standard definition channels and four International premium channels for customers.
These channel launches continue Comcast's commitment to bringing more choices to customers after a successful move to digital for the majority of the customer base in 2009. Earlier this year, Comcast launched 32 HD channels, bringing the total new HD channels launched in the past year to 64, which means viewers now get more than 100 HD channels with Comcast and more than 1000 HD choices On Demand. In addition, the new standard definition and International channels provide a wide variety of programming to fit customers' niche viewing needs.
"Our high-definition content has exploded in the past year, and we hear from customers that it is exactly what they want from us as more consumers make the switch to HD," said Curt Henninger, Regional Senior Vice President for Comcast of Oregon and SW Washington. "In addition, our ability to offer more and more niche programming provides viewers with the ability to watch shows more closely aligned with their interests."
Comcast's 32 NEW HD Channels include the Outdoor Channel HD, Tennis Channel HD, CBS College Sports HD, Big Ten Network HD, ESPNU HD, NBA TV HD, Headline News HD, TruTV HD, BET HD, Comedy Central HD, CMT HD, VH1 HD, MTV HD, TCM HD, MSNBC HD, Starz Edge HD, Starz Kids & Family HD, Starz Comedy HD, HBO2 HD, HBO Signature HD, HBO Family HD, HBO Latino HD, HBO Comedy HD, HBO Zone HD, More MAX HD, Action MAX HD, Thriller MAX HD, Showtime 2 HD, Showtime Showcase HD, Showtime Extreme HD, TMC HD, and TMC Xtra HD.
Comcast is also launching Hallmark Movie Channel, Ovation, Retirement Living, C-SPAN 3 and Sportsman Channel. The company launched ESPNU in August.
Spanish language viewers will see a number of new channels, including TeleFutura, Estrella TV (Portland DMA only), Utilisima, HITN, Canal52MX, Mexicanal, Multimedios, TVE, WAPA America, AYM Sports, SUR Mexico, TeleFormula, Gran Cine, De Pelicula, De Pelicula Classico, HTV Musica, TeleHit, RitmoSon Latino, Teleitmo, Bandamax, EWTN en Espanol, La Familia and TBN Enlace.
International viewers will find new channels, as well, with the launch of four International Premium channels: TV Japan, SBTN (Vietnamese), TV5 Monde (French) and GMA Pinoy TV (Filipino).
About Comcast Corporation
Comcast Corporation (http://www.comcast.com/) is one of the nation's leading providers of entertainment, information and communication products and services. With 23.9 million cable customers, 15.3 million high-speed Internet customers, and 7.0 million Comcast Digital Voice customers, Comcast is principally involved in the development, management and operation of cable systems and in the delivery of programming content.
Comcast's content networks and investments include E! Entertainment Television, Style Network, Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, ten sports networks operated by Comcast Sports Group and Comcast Interactive Media, which develops and operates Comcast's Internet businesses, including Comcast.net (http://www.comcast.net/). Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.
Comcast
CONTACT: Theressa Davis of Comcast, +1-503-605-6390, Theressa_Davis@cable.comcast.com
Web Site: http://www.comcast.com/
Ameren Illinois Utilities Helping Families to Be Prepared Before the Next Storm StrikesDu Quoin State Fair Visitors also will be introduced to 'ameren.mobi'
PEORIA, Ill., Sept. 1 /PRNewswire/ -- Du Quoin State Fair visitors will learn about storm preparedness and family safety when they visit the Ameren Illinois Utilities (AmerenCIPS, AmerenCILCO, AmerenIP) Emergency Response Tent exhibit today through Labor Day.
In addition, visitors will be introduced to Ameren Illinois Utilities' newest storm outage information service - Mobile Power Outage Information or "ameren.mobi."
"Safety is always our first priority. As National Preparedness Month begins today, getting ready for storms and other emergency events is a step we want every family to take for safety's sake," said Ron Pate, vice president of Regional Operations for the Ameren Illinois Utilities.
Ameren Illinois Utilities (AIU) representatives will give Du Quoin State Fair visitors a copy of the AIU Family Safety Pocket Guide. This handy reference tool provides people with the information they need to be prepared for storms and other emergencies.
AIU also will explain ameren.mobi, the new outage technology for mobile and other handheld devices that access the Internet. Customers who visit ameren.mobi can access outage information by ZIP code, county or by inserting a telephone number to find outage count information.
Key family safety planning points to remember:
-- Develop a shelter plan for severe storm conditions.
-- If any member of your family has a medical condition, plan and make
arrangements to have that person's special needs met in the event
electricity is not available for an extended period of time.
-- Assemble a "storm kit" and store it in a secure, centrally located
part of your house. Make sure all family members know where to find
that kit. It should contain:
-- Emergency telephone numbers; flashlights and fresh batteries
(avoid using candles, lanterns or oil lamps due to the fire risk);
extra garage and house keys; a battery-powered radio; a
battery-powered or wind-up alarm clock; a supply of bottled water
(one gallon per person per day); non-perishable foods that don't
require heating; blankets, bedding or sleeping bags; a first-aid
kit and medications; a hand-operated can opener; special items for
infants or family members with special needs; hand tools, such as
a screwdriver, scissors and duct tape; household items like
plastic utensils, paper plates, waterproof matches and household
bleach; personal identification and copies of important family
documents.
-- If your electric service is interrupted, unplug sensitive computer and
electronic equipment. For maximum security, always protect equipment
with a high-quality surge protector.
-- When severe weather is predicted, make certain your cell phone and
other mobile devices are fully charged. Also, remember that cordless
land line telephones will not function when the lights are out.
Additional safety and service information is available at the Ameren Illinois Utilities Emergency Operations Center Web site (IllinoisOutage.com). Information regarding energy efficiency is available at ActOnEnergy.com.
The Ameren Illinois Utilities have been providing safe, reliable energy delivery service for more than a century. The Ameren Illinois Utilities deliver energy to 1.2 million electric and more than 840,000 natural gas customers in about 1,000 communities, while helping customers spend less by using less energy and communities grow through economic development initiatives.
Ameren Illinois Utilities
CONTACT: Leigh Morris, +1-217-535-5228, or Neal Johnson, +1-309-677-5284, or Victoria Busch, +1-618-346-1286, all of Ameren Illinois Utilities
Web Site: http://www.ameren.com/
American Apparel Responds to Inquiry From UK Advertising Standards Authority
LOS ANGELES, September 1 /PRNewswire/ --
American Apparel (Amex: APP) has agreed that it will no longer use a UK
advertisement after an Advertising Standards Authority request stemming from
an offended viewer.
The ad, which appeared on the back page of VICE's Vol 7.4 issue, featured
a female model wearing an American Apparel Flex Fleece zip hoody in a series
of simple photographs. Responding to a single citizen complaint about the ad,
the UK Advertising Standards Authority found that the 23-year old model had
collaborated and consented to appear in the photos, but that the sexual
nature had the potential to offend some people.
"American Apparel is well known for its provocative advertisements," said
Brent Chase, American Apparel's UK operations manager. "Our models are real
girls who are often employees or friends of the company. They do their own
hair and makeup and aren't Photoshopped. From time to time people are made
uncomfortable by this, and it occasionally causes an unfortunate reaction."
While the company has decided to comply with the advertising authority's
request that it not use the ad again, American Apparel emphasized that
negative reactions are often the natural result of artistic or cultural
expression, noting that its "Legalize LA" and "Legalize Gay" advertisements,
which take positions on immigration reform and gay marriage, also upset some
people.
American Apparel pointed out that it only places its provocative
advertising in appropriate publications. In this instance, VICE is a magazine
that features lifestyle photography and cultural commentary, and whose young
urban audience mirrors American Apparel's customer base. American Apparel
currently advertises in 20 different countries, rarely resulting in
complaints from their respective advertising standards bodies, and this
inquiry is one of those sporadic instances.
American Apparel's aesthetic has earned international acclaim. In 2009,
the Cassandra Report awarded American Apparel its top honor for print
advertising, and American Apparel CEO Dov Charney was named Marketer of the
Year at the first ever LA Fashion Awards in 2005. Last year, American
Apparel's advertising was partly responsible for The Guardian's decision to
anoint the company "Label of the Year" in an article that called American
Apparel "a fashion sensation."
American Apparel will continue to express itself through photography,
art, and design as the company grows in the UK. Although it does not seek to
offend anyone, it recognizes that some minor discomfort may occasionally
accompany the process of questioning various beauty norms and standards
within the fashion industry.
About American Apparel
American Apparel is a vertically integrated manufacturer, distributor,
and retailer of branded fashion basic apparel based in downtown Los Angeles,
California. As of July 31, 2009, American Apparel employed approximately
10,000 people and operated over 275 retail stores in 20 countries, including
the United States, Canada, Mexico, Brazil, United Kingdom, Austria, Belgium,
France, Germany, Ireland, Italy, the Netherlands, Spain, Sweden, Switzerland,
Israel, Australia, Japan, South Korea, and China. American Apparel also
operates a leading wholesale business that supplies high quality T-shirts and
other casual wear to distributors and screen printers. In addition to its
retail stores and wholesale operations, American Apparel operates an online
retail e-commerce website at http://www.americanapparel.com
American Apparel
Marsha Grady of American Apparel, +1-213-488-0226, ext. 1676, marsha@americanapparel.net
Winners Announced at Nokia World for its 2009 "Calling All Innovators" Global Developer CompetitionSpecial Recognition for Innovation Also Announced
STUTTGART, Germany, September 1 /PRNewswire-FirstCall/ -- Nokia today announced the winners of its Forum Nokia 2009 Calling All Innovators contest, a global mobile developer competition designed to generate applications and solutions that enhance the use of Nokia mobile devices in real-world scenarios.
Category winners were recognized at the Calling All Innovators Awards Reception held in Stuttgart on the eve of Nokia World. The total cash and prizes for the 2009 Calling All Innovators contest exceed USD 250,000. The top three submissions in each category will receive a cash award, and prizes that include premium placement featuring the winning application in Nokia's Ovi Store and the opportunity to demo their winning apps at Nokia World.
Over 1,700 submissions were received from developers and publishers in 85 countries signaling a strong answer to Nokia's challenge to think big and create mobile applications and services that can help build a better mobile user experience. More than 421,000 visits to the contest website from around the world engaged with Forum Nokia, the world's largest mobile developer community.
"The competition was fierce this year and the winners exemplify the future of apps and the future of Ovi Store," said Purnima Kochikar, vice president, Forum Nokia. "We look forward to working with the developer and publisher community in providing the best mobile applications to consumers around the world."
The 2009 Calling All Innovators Grand Prize winners are:
Internet Innovation
Tech Buzz Homescreen Widget - The Tech Buzz Widget from UK-based Mippin, is a fast, elegant way to reliably access the latest tech news anywhere on Nokia mobile devices. It regularly downloads tech stories from across the web, displaying the headlines and images in rotation on the Nokia N97 home screen, to give users immediate access. Developer website: http://www.mippin.com/web/index.jsp?p=2
Flash
Reuters Slideshow - The Reuters Slideshow app from UK-based Tui Interactive Media, combines Flash and WRT widget functionality to deliver a constantly updated feed of pictures and news. Coupled with its mini-view for use on S60 5th Edition devices, the application offers an engaging way to catch up on the latest news. Developer website: http://www.tui.co.uk/
Emerging Markets and Mobile Necessities
Mobile Credit Card Terminal - Mobile Credit Card Terminal from 2C2P in Singapore gives business owners the ability to charge a credit card/debit card, and to manage transactions securely from Nokia S60 devices without additional equipment. Developer website: http://www.2c2p.com/
Apps on Maps
Winners will be announced on September 3 for this category at Nokia World. The winner in this category submitted a new idea to harness the power of location-aware services using Ovi Maps on Nokia devices. From all of the ideas submitted, 14 developers were given exclusive access to the Ovi Beta SDK to turn their ideas into a completed application for use on Nokia devices.
A complete list of Forum Nokia's Calling All Innovators winners including video demonstrations of the applications can be found online at http://www.callingallinnovators.com/.
The judging panel also presented a Special Recognition Award for Innovation and a cash prize of USD 10,000 to the application MoBots, submitted by DEIMOS Space from Madrid, Spain.
The Judges chose MoBots, which are easy-to-configure automations created by individuals directly on their Nokia S60 mobile device, because of the high scores it received in creativity and commercial viability. The MoBots app is designed so that anyone - even non-programmers - can develop practical applications for use on their mobile phone with only a few simple steps. Individuals can set-up new, customized MoBots using the application's appealing, on-screen visual interface; and the results can be shared in the mobots.org community so that more people can take advantage of the creativity that MoBots support.
About Forum Nokia
Nokia's global developer program, Forum Nokia, connects developers to tools, technical information, support, and distribution channels they can use to build and market applications around the globe. From offices in the U.S., Europe, India, Japan, China, and Singapore, Forum Nokia provides technical and business development support to developers and operators to assist them in achieving their goal of successfully launching applications and services to consumers and enterprises. More information is available at http://www.forum.nokia.com/.
About Nokia
Nokia is a pioneer in mobile telecommunications and the world's leading maker of mobile devices. Today, we are connecting people in new and different ways - fusing advanced mobile technology with personalized services to enable people to stay close to what matters to them. We also provide comprehensive digital map information through NAVTEQ; and equipment, solutions and services for communications networks through Nokia Siemens Networks.
http://www.nokia.com/
Nokia Corporation
CONTACT: Media Enquiries: Nokia, Communications, North America, Tel. +1-914-368-0423, Email: communication.corp@nokia.com. Nokia, Communications, Tel. +358-7180-34900, Email: press.services@nokia.com
July Is The Hottest Month To Date For Video-On-Demand--July Delivers More Than 655 Million Transactions* Surpassing June 2009 By 11%--
PORTLAND, Ore., Sept. 1 /PRNewswire-FirstCall/ -- Rentrak Corporation , a leader in multi-screen media measurement serving the entertainment and advertising industries, reported today that July eclipsed the previous video-on-demand (VOD) viewing record set last month, delivering a 19% year-to-year increase in overall VOD transactions and a 15% increase in the number of unique set-top-boxes (STB) accessing OnDemand.** The average minutes per day spent watching VOD increased and the percent of VOD enabled STBs accessing OnDemand content increased to 47% in July.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090901/SF69093)
Total Free On Demand transactions soared to a record 476 million* in July. Music-related content lead the category with 146 million transactions* or 31% of all Free On Demand transactions according to Rentrak's industry-leading OnDemand Essentials service.
June-to-July VOD highlights include:
-- The TV Entertainment category had its strongest month of the year with
an 18% increase
-- Free On Demand Music transactions increased by 17%
-- Free On Demand Kids transactions were up by 10%
-- Overall Subscription On Demand offerings saw a 10% increase in total
transactions
Custom reporting and more information about VOD trends and seasonal usage patterns can be accessed by visiting the Rentrak homepage at http://www.rentrak.com/ and clicking on the "Television" link.
*Combination of views and orders as reported by MSO partners
**Like system comparison
About OnDemand Essentials
OnDemand Essentials, a service of Rentrak's Advanced Media & Information Division, provides operators, content providers (including broadcast/cable networks, studios) and advertisers with a transactional tracking and reporting system to view and analyze on-demand content. The product is an extension of Rentrak's Essentials suite of business intelligence products customized for the entertainment industry. OnDemand Essentials clients have password protected, near real-time, Web browser-based 24/7 access to on-demand consumer usage data at various access levels based on business and privacy rules. A sophisticated toolset aggregates and reports data across multiple vendors in one easy to use report system. Clients using the OnDemand Essentials system are able to instantly analyze and interpret their own business data to identify trends, program and promote more effectively, as well as track their performance against the broader business sector in which they operate.
About Rentrak Corporation
Rentrak Corporation is an industry-advancing media measurement and research company, serving the most recognizable names in the entertainment industry. Reaching across numerous platforms including box office, home entertainment, on-demand and linear television, broadband and mobile, Rentrak provides unique and actionable insight for our clients and partners. From the introduction of our revolutionary Pay-Per-Transaction distribution and revenue-sharing system, which equipped Rentrak with the intelligence and ability to deal with large, complex data streams, to the company's exclusive Essentials(TM) suite of services, Rentrak has redefined digital audience measurement. Rentrak is headquartered in Portland, Oregon, with additional offices in Los Angeles, New York City and Miami/ Ft. Lauderdale. For more information on any of Rentrak's services, please visit http://www.rentrak.com/.
Contacts:
Rogers & Cowan for Rentrak Corporation
Sallie Olmsted / Amanda Bartz
(310) 854-8124 / (310) 854-8151
solmsted@rogersandcowan.com / abartz@rogersandcowan.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090901/SF69093 PRN Photo Desk, photodesk@prnewswire.com
Rentrak Corporation
CONTACT: Sallie Olmsted, +1-310-854-8124, solmsted@rogersandcowan.com, or Amanda Bartz, +1-310-854-8151, abartz@rogersandcowan.com, both of Rogers & Cowan for Rentrak Corporation
Web Site: http://www.rentrak.com/
Nissan North America Announces August Sales
FRANKLIN, Tenn., Sept. 1 /PRNewswire-FirstCall/ -- Nissan North America, Inc. (NNA) today reported August 2009 sales of 105,312 units versus 108,493 units last year, a decrease of 2.9 percent. Nissan Division sales rose 0.2 percent, while sales of Infiniti vehicles decreased by 30.2 percent.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080506/NISSANWORDMARKLOGO )
Total industry sales in August 2009 were heavily affected by the U.S. government's Car Allowance Rebate System, or "cash for clunkers," program. The Department of Transportation said Nissan and Infiniti accounted for 8.7 percent of the vehicles sold during the program.
NNA INFORMATION
-- Combined Nissan and Infiniti sales of 105,312 units were 2.9 percent
lower than record August sales last year of 108,493 units.
-- To ensure consistency in global sales reporting, Nissan North America
calculates monthly variances on a straight-percentage basis,
unadjusted for the number of selling days. August had 26 selling days,
compared with 27 selling days in August 2008.
NISSAN HIGHLIGHTS
-- Nissan vehicles saw sales of 97,580 units in August compared with
97,417 units sold in August 2008, a 0.2 percent increase.
-- The Nissan Versa, the sixth most-purchased or leased vehicle during
the CARS program, had a record month of 18,580 vehicle sales in
August, compared with 8,015 last year, an increase of 131.8 percent.
-- Year-over-year gains in August also were posted for Rogue, with a
record 10,476 sales (up 57.8 percent); Sentra with 16,396 sales (up
78.1 percent); and Altima, which recorded 26,833 sales (a 6.1 percent
increase).
INFINITI HIGHLIGHTS
-- Infiniti sales for August 2009 were 7,732 units, down 30.2 percent
from the 11,076 units sold a year before.
-- Infiniti showed a 9 percent increase in August compared with July.
The Infiniti FX35, which qualified for the CARS program, saw a 9.9
percent increase in August 2009 compared with July.
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO2 emissions, cutting other emissions and increasing recycling. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at http://www.nissanusa.com/ and http://www.infinitiusa.com/.
NISSAN DIVISION
---------------
August August Monthly CYTD CYTD CYTD
------ ------ ------- ---- ---- ----
2009 2008 % chg 2009 2008 % chg
---- ---- ----- ---- ---- -----
Nissan Division Total 97,580 97,417 0.2 471,627 643,939 -26.8
--------------------- ------ ------ --- ------- ------- -----
Versa 18,580 8,015 131.8 58,979 62,341 -5.4
----- ------ ----- ----- ------ ------ ----
Sentra 16,396 9,207 78.1 60,140 79,288 -24.1
------ ------ ----- ---- ------ ------ -----
Cube 5,347 0 0.0 12,522 0 0.0
---- ----- - --- ------ - ---
Altima 26,833 25,298 6.1 142,513 207,733 -31.4
------ ------ ------ --- ------- ------- -----
Maxima 4,552 5,484 -17.0 32,442 31,618 2.6
------ ----- ----- ----- ------ ------ ---
350/370Z 837 906 -7.6 9,854 8,278 19.0
-------- --- --- ---- ----- ----- ----
GT-R 100 484 -79.3 1,095 631 73.5
---- --- --- ----- ----- --- ----
Total Car 72,645 49,394 47.1 317,545 389,889 -18.6
--------- ------ ------ ---- ------- ------- -----
Frontier 3,875 9,140 -57.6 18,961 39,339 -51.8
-------- ----- ----- ----- ------ ------ -----
Titan 1,534 5,871 -73.9 11,805 27,028 -56.3
----- ----- ----- ----- ------ ------ -----
Xterra 1,332 8,208 -83.8 9,913 28,345 -65.0
------ ----- ----- ----- ----- ------ -----
Pathfinder 1,358 6,792 -80.0 11,318 28,569 -60.4
---------- ----- ----- ----- ------ ------ -----
Armada 669 2,178 -69.3 5,389 12,506 -56.9
------ --- ----- ----- ----- ------ -----
Rogue 10,476 6,639 57.8 54,523 49,998 9.1
----- ------ ----- ---- ------ ------ ---
Murano 4,534 5,071 -10.6 35,003 51,610 -32.2
------ ----- ----- ----- ------ ------ -----
Quest 1,157 4,124 -71.9 7,170 16,655 -56.9
----- ----- ----- ----- ----- ------ -----
Total Truck 24,935 48,023 -48.1 154,082 254,050 -39.3
----------- ------ ------ ----- ------- ------- -----
North American
produced 76,286 84,317 -9.5 358,630 533,422 -32.8
-------------- ------ ------ ---- ------- ------- -----
Car 66,361 48,004 38.2 294,074 380,980 -22.8
--- ------ ------ ---- ------- ------- -----
Truck 9,925 36,313 -72.7 64,556 152,442 -57.7
----- ----- ------ ----- ------ ------- -----
Import 21,294 13,100 62.5 112,997 110,517 2.2
------ ------ ------ ---- ------- ------- ---
Car 6,284 1,390 352.1 23,471 8,909 163.5
--- ----- ----- ----- ------ ----- -----
Truck 15,010 11,710 28.2 89,526 101,608 -11.9
----- ------ ------ ---- ------ ------- -----
INFINITI DIVISION
-----------------
August August Monthly CYTD CYTD CYTD
------ ------ ------- ---- ---- ----
2009 2008 % chg 2009 2008 % chg
---- ---- ----- ---- ---- -----
Infiniti Division
Total 7,732 11,076 -30.2 53,276 82,195 -35.2
----------------- ----- ------ ----- ------ ------ -----
G Sedan 3,341 4,014 -16.8 21,435 32,222 -33.5
------- ----- ----- ----- ------ ------ -----
G Coupe 1,562 1,847 -15.4 9,283 15,086 -38.5
------- ----- ----- ----- ----- ------ -----
M 618 1,221 -49.4 6,294 10,968 -42.6
- --- ----- ----- ----- ------ -----
QX56 608 768 -20.8 3,480 5,914 -41.2
---- --- --- ----- ----- ----- -----
EX 665 1,645 -59.6 5,296 9,010 -41.2
-- --- ----- ----- ----- ----- -----
FX 938 1,581 -40.7 7,488 8,995 -16.8
-- --- ----- ----- ----- ----- -----
Total Car 5,521 7,082 -22.0 37,012 58,276 -36.5
--------- ----- ----- ----- ------ ------ -----
Total Truck 2,211 3,994 -44.6 16,264 23,919 -32.0
----------- ----- ----- ----- ------ ------ -----
NISSAN & INFINITI
-----------------
August August Monthly CYTD CYTD CYTD
------ ------ ------- ---- ---- ----
2009 2008 % chg 2009 2008 % chg
---- ---- ----- ---- ---- -----
TOTAL VEHICLE 105,312 108,493 -2.9 524,903 726,134 -27.7
------------- ------- ------- ---- ------- ------- -----
Total Car 78,166 56,476 38.4 354,557 448,165 -20.9
--------- ------ ------ ---- ------- ------- -----
Total Truck 27,146 52,017 -47.8 170,346 277,969 -38.7
----------- ------ ------ ----- ------- ------- -----
Selling days 26 27 204 206
------------ -- -- --- ---
* All numbers include Hawaii
Photo: http://www.newscom.com/cgi-bin/prnh/20080506/NISSANWORDMARKLOGO
Nissan North America, Inc.
CONTACT: Fred Standish, Nissan North America, +1-615-725-5946
Web Site: http://www.nissanusa.com/
Video: Panasonic Teams With New York Red Bulls to Enhance the Fan Experience at the New Red Bull ArenaPanasonic Named Official HDTV Supplier Of Red Bull Arena.
SECAUCUS, N.J., Sept. 1 /PRNewswire/ -- When the New York Red Bulls of Major League Soccer make their first run on goal in the new Red Bull Arena in March 2010, they will count on Panasonic to help enhance the fan experience with the latest multi-media and electronics system solutions. The technology partnership agreement calls for Panasonic to provide the Red Bulls with large screen displays, digital signage and a range of additional electronic equipment for use in the new Red Bull Arena, and designates Panasonic "Official HD TV Supplier" of Red Bull Arena.
To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/panasonic/39778/
(Photo: http://www.newscom.com/cgi-bin/prnh/20090901/NY69059 )
"This partnership with the New York Red Bulls further demonstrates Panasonic's unique ability to integrate the diverse range of products we offer into a comprehensive system solution," said Joseph Taylor, Executive Vice President and Chief Operating Officer of Panasonic Corporation of North America. "The combination of products provided by Panasonic to the Red Bull Arena will enhance the fan experience with cutting-edge digital signage, display and A/V technologies as well as those systems deployed behind the scenes to help streamline operations and maximize efficiency. It's a total system solutions approach that defines 'the Panasonic experience'."
"Panasonic has a system solutions model that addresses all of our technology needs, and fulfills our commitment to the fans who are truly the foundation of our business," said Erik Stover, Red Bulls New York Managing Director. "Our technology objective is to deliver the best fan experience possible when they visit Red Bull Arena."
The announcement is another step in a growing relationship between Panasonic and Major League Soccer (MLS). In February 2009, MLS announced a three-year partnership extension with Panasonic, renewing the company's status as the Official Consumer Electronics partner of Major League Soccer.
Panasonic is at the forefront of technology innovation related to sports and entertainment venues, incorporating cutting-edge products in ways that make them integral to everyday life. The Panasonic experience is a part of the lives of millions of people around the world through recent high-profile technology installations at the Beijing Olympic Games, Planet Hollywood Resort & Casino in Las Vegas, New York City's Times Square, Princess Cruises and Major League Soccer, including the recently announced technology partnerships with the MLS Philadelphia Union project, as well as with AEG's entertainment and sports complexes around the world - including the award winning L.A. LIVE which encompasses STAPLES Center and Nokia Theatre in Los Angeles, CA.
For more information, contact Panasonic System Solutions by calling toll free 877.663.1222 or visit http://www.panasonic.com/experience.
About Panasonic System Solutions Company
Panasonic System Solutions Company, Unit of Panasonic Corporation of North America, is a world leader in professional electronics providing innovative system solutions and integrated technology solutions for a wide range of business applications including: industry leading i-Pro IP and analog video surveillance solutions; imaging devices for the medical, industrial, and entertainment industries; Stingray point-of-sale workstations and Attune drive-thru communications systems for the quick-service and hospitality industries; and large screen LED digital signage, digital sports coaching systems. Based in Secaucus, NJ, Panasonic Corporation of North America is the principal North American subsidiary of Panasonic Corporation of Japan.
About the Red Bull New York
Red Bull New York is one of 15 teams that comprise the top-flight professional soccer league in the United States - Major League Soccer. In 2008, the Red Bulls won the Western Conference Championship and played for the MLS Cup. On the pitch, the team is led by captain Juan Pablo Angel, a former Premiership striker and finalist for the 2007 League's Most Valuable Player award. In addition, construction continues towards completion of Red Bull Arena, a 25,000 seat state-of-the-art soccer-specific facility in Harrison, New Jersey that will be the new home for the Red Bulls in 2010. Red Bull New York will also construct a permanent, state-of-the-art training facility in Hanover, New Jersey. Red Bull New York is owned by Red Bull GmbH, an Austrian company that produces the worlds leading energy drink. For more information, log on to http://www.newyorkredbulls.com/
EDITORIAL CONTACT
Sara Greenberg / LRG Marketing
phone: 845 358 1801
fax: 845-358-1899
sgreenberg@lrgmarketing.com
http://www.lrgmarketing.com/
Photo: http://www.newscom.com/cgi-bin/prnh/20090901/NY69059 PRN Photo Desk, photodesk@prnewswire.com
Video: http://www.prnewswire.com/mnr/panasonic/39778
Panasonic
CONTACT: Sara Greenberg, LRG Marketing, +1-845-358-1801, fax, +1-845-358-1899, sgreenberg@lrgmarketing.com, http://www.lrgmarketing.com/
Web Site: http://www.panasonic.com/experience
Cognizant to Present at Investor Conferences
TEANECK, N.J., Sept. 1 /PRNewswire-FirstCall/ -- Cognizant , a leading provider of consulting, technology, and business process outsourcing services, today announced that Gordon Coburn, Chief Financial and Operating Officer, will present at the following investor conferences.
Kaufman Bros. 12th Annual Investor Conference
-- Date: Wednesday, September 9, 2009
-- Time: 1:00 PM EDT
Citi's 16th Annual Global Technology Conference
-- Date: Thursday, September 10, 2009
-- Time: 10:25 AM EDT
Jefferies 3rd Annual Technology Conference
-- Date: Tuesday, September 15, 2009
-- Time: 9:30 AM EDT
Deutsche Bank 2009 Technology Conference
-- Date: Wednesday, September 16, 2009
-- Time: 2:30 PM EDT
Live audio webcasts of the presentations will be available at Cognizant's website:
http://www.cognizant.com/investors
About Cognizant
Cognizant is a leading provider of information technology, consulting, and business process outsourcing services. Recognized by Fortune Magazine as one of the World's Most Admired Companies, Cognizant's single-minded passion is to dedicate our global technology and innovation know-how, our industry expertise, and worldwide resources to working together with clients to make their businesses stronger. With over 50 global delivery centers and more than 64,000 employees as of June 30, 2009, we combine a unique onsite/offshore delivery model infused by a distinct culture of customer satisfaction. A member of the NASDAQ-100 Index and S&P 500 Index, Cognizant is a Forbes Global 2000 company and a member of the Fortune 1000 and is ranked among the top information technology companies in BusinessWeek's Hot Growth and Top 50 Performers listings. Visit us online at http://www.cognizant.com/.
Cognizant
CONTACT: David Nelson, Vice President, Investor Relations for Cognizant, +1-201-498-8840, david.nelson@cognizant.com
Web Site: http://www.cognizant.com/
Xodtec Group USA Inc. Hires New Director of R&D / Engineering
LAS VEGAS, Sept. 1 /PRNewswire-FirstCall/ -- Xodtec Group USA Inc. (OTC Bulletin Board: XODG) (the "Company") today announced that Wilson Chen has joined the Company as its new Director of Research & Development / Engineering. Prior to joining the Xodtec Group management team, Mr. Chen served as R&D / Engineering manager for Wah Ding Magic Lighting Corp., where he was responsible for overseeing the design, product development and production of LED lighting products for the commercial and residential lighting markets.
With over 10 years of experience in the lighting industry, Mr. Chen served as Program Manager for Color Stars Inc. from 2003 to 2007 and in several engineering roles at Ledavenue Corporation from 2000 to 2003.
"Chen brings a broad and diverse background to Xodtec Group in both product development and engineering management of solid-state lighting systems," stated Mr. Chao-Wu Chou, Xodtec Group's CEO. "Chen has demonstrated a strong technical base as well as solid management experience throughout his career and we look forward to having him lead our R&D and engineering efforts as we continue to expand our product offering, including our new Apollo series street lights and Ares series indoor lamps."
Mr. Chen holds a Bachelor of Science in Communication Applications Engineering from Minghsin University of Science and Technology.
About Xodtec Group USA Inc.: Xodtec, a Nevada corporation, is an Energy-Saving Lighting Solutions Provider based in Taiwan. Xodtec provides high performance and cost-effective energy-saving LED solutions and traditional lighting products for private companies, public facilities, residential communities, factories and households, providing optimal energy-saving solutions that meet today's energy management requirements.
Xodtec's lighting solutions provide many benefits over traditional incandescent, halogen, fluorescent, and compact fluorescent (CFL) light sources, including lower energy consumption, longer life spans, and absence of hazardous materials, lower maintenance costs and greater design flexibility.
Xodtec's proprietary digital control chipset and remote control technologies can be easily integrated into wireless and Internet applications, allowing users to monitor and analyze energy consumption and lighting equipment status in real time. Consumers use the company's products for interior and exterior lighting, and to create unique visual effects superior to traditional lighting. Industrial applications include signage, automotive interior and exterior lighting displays and gaming consoles. Xodtec has more than 200 franchised stores and service stations in Taiwan currently and plans to enter the Chinese market in late 2009.
Forward-Looking Statements: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Xodtec Group USA Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
For more information contact:
Hanover Financial Services
Ronald J. Blekicki
PH: 303-494-3617
Info@hanoverfinancialservices.com
Xodtec Group USA Inc.
CONTACT: Ronald J. Blekicki of Hanover Financial Services, +1-303-494-3617, Info@hanoverfinancialservices.com, for Xodtec Group USA Inc.
Harbin Electric Responds to Nasdaq Notification Letter on Audit Committee Requirements
HARBIN, China, Sept. 1 /PRNewswire-Asia-FirstCall/ -- Harbin Electric, Inc. ("Harbin Electric" or the "Company", Nasdaq: HRBN), a leading developer and manufacturer of a wide array of electric motors in the People's Republic of China, today announced that it received a letter (the "Letter") from The Nasdaq Stock Market ("Nasdaq") on August 27, 2009, notifying the Company that as a result of Mr. Feng Bai's decision not to continue serving as a member of the Company's Board of Directors (the "Board") and as a member of the Audit Committee of the Company's Board, both effective immediately following the Company's 2009 Annual Meeting of Stockholders that was held on August 20, 2009 ("Annual Meeting"), that the Company no longer complies with Nasdaq's audit committee requirements.
Commenting on the receipt of the Letter, Mr. Tianfu Yang, Chairman and Chief Executive Officer of Harbin Electric, stated, "The Company and the Board are committed to strong corporate governance and compliance with listing rules. As soon as Mr. Feng Bai informed the Board of his decision not to continue serving as a member of the Board, the Board appointed Dr. Ching Chuen Chan to its Audit Committee to replace Mr. Feng Bai, effective August 20, 2009.
"The sudden death of Patrick McManus, who served as the chairman and financial expert of the Audit Committee of the Board, however, has deprived us of the presence of a 'financial expert' in our Audit Committee. We intend to remedy this situation in full respect of Nasdaq Listing Rule 5605. However, the Board will take the time needed to find an appropriate candidate who qualifies as a 'financial expert' and can guide our accounting and internal control process, as well as help further strengthen our credibility in the markets and move the Company to a higher level of professionalism and performance."
Chairman Yang added, "The Board has been very much saddened by Pat's untimely death. Pat joined our Board in 2005 when we had just become public in the US. We had great ambitions but were unknown to the markets and like many small Chinese companies had little credibility. For more than 4 years Pat provided the Company with invaluable advice, especially as Chairman of our Audit Committee. Today we are strong and highly respected and we believe that we will have an even brighter future. Pat's great interest in China and his passion for Harbin Electric are a big part of our success."
Nasdaq Listing Rule 5605 (the "Rule") requires that the Company have a three member audit committee composed entirely of independent directors, at least one of whom has past employment experience in finance or accounting, requisite professional certification in accounting, or any other comparable experience or background which results in the individual's financial sophistication, including being or having been a chief executive officer, chief financial officer or other senior officer with financial oversight responsibilities.
On June 25, 2009, the Board approved the appointment of Dr. Ching Chuen Chan, an independent director of the Company, to serve, as a member of its Audit Committee and its Compensation Committee to replace Mr. Feng Bai, effective August 20, 2009, the date of the Annual Meeting. The Company previously disclosed the appointment of Dr. Chan to these committees in its Proxy Statement dated July 9, 2009 for the Annual Meeting.
On July 14, 2009, the Company filed a Supplement to its Proxy Statement stating that on July 10, 2009, Mr. Patrick McManus, one of the nominees for election to the Company's Board named in the Proxy Statement, passed away, and consequently, would no longer be a nominee for election to the Board. Before his death, Mr. McManus served as the chairman and financial expert of the Audit Committee and a member of the Company's Compensation, Nominating and Corporate Governance Committees. The Company previously notified Nasdaq of the death of Mr. McManus and indicated that it intends to fill the vacancy of the financial expert on its Audit Committee no later than 180 days following the date of the death of Mr. McManus.
On August 31, 2009, the Company's Board approved the appointment of Mr. Yunyue Ye, an independent director of the Company, to serve as a member of its Audit Committee, and of its Compensation, Nominating and Corporate Governance Committees to replace Mr. McManus. The Company's Audit Committee now consists of three members, each of whom is an "independent director", although no member of the Audit Committee is a "financial expert". The Company's Board continues to be comprised of a majority of independent directors.
About Harbin Electric, Inc.
Harbin Electric, headquartered in Harbin, China, is a leading developer and manufacturer of a wide array of electric motors with a focus on innovative, customized and value-added products. Its major product lines include linear motors, automobile specialty micro-motors, and industrial rotary motors. The Company's products are purchased by a broad range of domestic and international customers, including those involved in oil services, factory automation, food processing, packaging, transportation, automobile, medical devices, machinery and tool manufacturing, petrochemical, as well as in the metallurgical and mining industries.
Harbin Electric has built a strong research and development capability by recruiting talent worldwide and through collaborations with top scientific institutions. The Company owns numerous patents in China and has developed award-winning products for its customers. Through its U.S. and China-based subsidiaries, the Company operates three manufacturing facilities in China located in Harbin, Weihai, and Shanghai with a total of approximately 1,800 employees. Each of the three manufacturing facilities is dedicated to a specific product line and is equipped with state-of-the-art production equipment and quality control systems.
As China continues to grow its industrial base, Harbin Electric aspires to be a pioneer in leading the industrialization and technology transformation of the Chinese manufacturing sector. To learn more about Harbin Electric, visit http://www.harbinelectric.com/ .
Safe Harbor Statement
The actual results of Harbin Electric, Inc. could differ materially from those described in this press release. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release may be found in the Company's periodic filings with the U.S. Securities and Exchange Commission, including the factors described in the section entitled "Risk Factors" in its annual report on Form 10-K for the year ended December 31, 2008. The Company does not undertake any obligation to update forward-looking statements contained in the press release. This press release contains forward-looking information about the Company that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as "believe," "expect," "may, "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and the Company's future performance, operations and products.
For investor and media inquiries, please contact:
In China
Harbin Electric, Inc.
Tel: +86-451-8611-6757
Email: MainlandIR@Tech-full.com
In the U.S.
Christy Shue
Harbin Electric, Inc.
Executive VP, Finance & Investor Relations
Tel: +1-631-312-8612
Email: cshue@HarbinElectric.com
Kathy Li
Christensen Investor Relations
Tel: +1-212-618-1987
Email: kli@christensenir.com
Harbin Electric, Inc.
CONTACT: In China: Harbin Electric, Inc., +86-451-8611-6757, MainlandIR@Tech-full.com; In the U.S.: Christy Shue, Harbin Electric, Inc., Executive VP, Finance & Investor Relations, +1-631-312-8612, cshue@HarbinElectric.com, or Kathy Li, Christensen Investor Relations, +1-212-618-1987, kli@christensenir.com
Web site: http://www.harbinelectric.com/
ING Awards $100,000 in Grants to Combat Childhood ObesityStudents in Schools Across the U.S. Benefit from ING Run For Something Better School-Based Running Programs
ATLANTA, Sept. 1 /PRNewswire-FirstCall/ -- ING today announced that it has awarded 50 schools across the U.S. with $2,000 grants to help students combat childhood obesity. Through its ING Run For Something Better School Awards Program, financial services leader ING, in partnership with the National Association for Sport and Physical Education (NASPE), is helping to introduce fifth- through eighth-grade students across the country to the benefits of running through school-based running programs.
Fifty schools will receive $2,000 in funding to support its new ING Run For Something Better program, offering students a minimum of an eight-week running program that will conclude with a culminating running event in celebration of the students' achievements. NASPE has developed unique running lesson plans, based on the National Standards for Physical Education (NASPE, 2004), and specifically targeted for fifth- through eighth-grade students. These activity plans, coupled with other program materials such as distance logs and a running journal, will aid in the development of running skills and preparation for a culminating running event.
"We are pleased to offer schools a grant that encourages healthy lifestyles changes, personal development, goal-setting and group participation," said Rhonda Mims, president of the ING Foundation and senior vice president, Office of Corporate Responsibility and Multicultural Affairs. "ING is committed to making it easier for schools to not only close the gap in student achievement, but also advance student physical well being through ING Run For Something Better."
Grant awards were available in all states to public elementary or middle schools for running programs that targeted fifth- through eighth-grade students. Over 300 schools applied for the ING/NASPE School Awards Program. A NASPE review board consisting of 100 teachers and education administrators reviewed all applications.
Nearly one-third of U.S. children and teens are now overweight or obese. Inactive and obese children risk multiple consequences including reduced bone strength, Type 2 diabetes, cardiovascular disease, high cholesterol levels and asthma. If addressed at an early age, many of these conditions can be avoided. NASPE Executive Director Charlene Burgeson said, "NASPE is appreciative to ING for helping our efforts to promote the importance of children's physical fitness and provide teachers and coaches with the resources they need to create fun and practical running programs for their students."
Press inquiries:
Audria (Aud) Belton Benn Juliet Prillaman
ING NASPE
Office: 770.980.5715 Office: 703.476.3485
Cell: 404.934.8743 jprillaman@aahperd.org
audria.benn@us.ing.com
About ING
ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million residential, corporate and institutional clients in more than 40 countries. With a diverse workforce of about 115,000 people, ING is dedicated to setting the standard in helping our clients manage their financial future.
In the U.S., the ING family of companies offers a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves nearly 30 million customers across the nation.
ING's diversity management philosophy and commitment to workforce diversity, diversity marketing, corporate citizenship and supplier diversity fosters an inclusive environment for employees that supports a distinctive product and service experience for the financial services consumer.
For more information, visit http://www.ing.com/us.
About the ING Run For Something Better
The ING Run For Something Better is a fundraising campaign that supports community and school-based youth running programs. Linked to ING's long-distance race sponsorships, the program was created to introduce kids to the benefits of sport, a habit of physical fitness, and a healthy lifestyle that prevents conditions such as childhood obesity. In today's world of poor nutrition and less-active lifestyles -- which may contribute to childhood obesity -- ING is using its position as a sponsor of marathons as a platform for helping kids get fit through free, school-based running programs. Nationally, ING has committed over $2.5 million to fund grants and school-based running programs through ING Run For Something Better. Since 2006, over a half a million dollars has been raised by individual donors through the orange laces program. ING has also created a special charitable fund to encourage others to support the cause by making their own contribution. When someone donates $10 or more to the ING Run For Something Better, ING will recognize their contribution by giving them a special pair of orange shoelaces to wear showing that they are "tied" to supporting kids' fitness. 100% of the proceeds from the sale of orange laces go to the ING Run For Something Better fitness programs.
For more information about the orange laces, go to http://www.orangelaces.com/.
About the ING Foundation
The ING Foundation's mission is to improve the quality of life in the communities where ING operates and its employees and customers live. Through charitable giving and employee volunteerism, the foundation focuses on sustainable programs in the areas of financial literacy, children's education and diversity.
For more information, visit http://www.ing-usafoundation.com/.
About NASPE
The preeminent national authority on physical education and a recognized leader in sport and physical activity, the National Association for Sport and Physical Education (NASPE) is a non-profit professional membership association that sets the standard for practice in physical education and sport. NASPE's 16,000 members include: K-12 physical education teachers, coaches, athletic directors, athletic trainers, sport management professionals, researchers, and college/university faculty who prepare physical activity professionals. NASPE seeks to enhance knowledge, improve professional practice, and increase support for high-quality physical education, sport and physical activity programs. It is the largest of the five national associations that make up the American Alliance for Health, Physical Education, Recreation & Dance (AAHPERD). For more information, visit http://www.naspeinfo.org/.
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
Rhonda Mims
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=86660
ING
CONTACT: Audria (Aud) Belton Benn, ING, +1-770-980-5715, Cell: +1-404-934-8743, audria.benn@us.ing.com; Juliet Prillaman, NASPE, +1-703-476-3485, jprillaman@aahperd.org
Web Site: http://www.ing.com/us
Azure Dynamics to Present at the Rodman Renshaw Annual Global Investment Conference on September 11
OAK PARK, MI, Sept. 1 /PRNewswire-FirstCall/ -- Azure Dynamics Corporation (TSX: AZD), a leading developer of state-of-the-art green technologies that address environmental and cost issues for the commercial transportation industry, today announced that it will present at the upcoming Rodman Renshaw Annual Global Investment Conference, to be held September 9-11, 2009, at the New York Palace Hotel in New York City. The conference, featuring keynote speaker Dr. Alan Greenspan, is focused on Clean Technology and is well attended by institutional investors, venture capitalists, private equity firms and industry experts.
Scott Harrison, CEO of Azure Dynamics, is scheduled to present Friday, September 11, 2009 at 2:25 p.m. ET in the Kennedy II Salon (4th Floor) and will discuss the Company's business strategy and recent developments.
More information on the Rodman Renshaw Annual Global Investment Conference can be found at: http://www.rodmanandrenshaw.com/conferences?id=38
About Azure Dynamics
Azure Dynamics Corporation (TSX: AZD) is a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles. Azure is strategically targeting the commercial delivery vehicle and shuttle bus markets and is currently working internationally with various partners and customers. The Company is committed to providing customers and partners with innovative, cost-efficient, and environmentally-friendly energy management solutions. For more information please visit http://www.azuredynamics.com/.
The TSX Exchange does not accept responsibility for the adequacy or
accuracy of this release.
Forward-looking Statements
This press release contains forward-looking statements. More particularly, this press release contains statements concerning Azure's business development strategy, projected commercial revenues and product deliveries.
The forward-looking statements are based on certain key expectations and assumptions made by Azure, including expectations and assumptions concerning achievement of current timetables for development programs, target market acceptance of Azure's products, current and new product performance, availability and cost of labour and expertise, and evolving markets for power for transportation vehicles. Although Azure believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Azure can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with Azure's early stage of development, lack of product revenues and history of losses, requirements for additional financing, uncertainty as to commercial viability, uncertainty as to product development and commercialization milestones being met, uncertainty as to the market for Azure's products and unproven acceptance of Azure's technology, competition for capital, product market and personnel, uncertainty as to target markets, dependence upon third parties, changes in environmental laws or policies, uncertainty as to patent and proprietary rights, availability of management and key personnel, and acquisition integration risk. These risks are set out in more detail in Azure's annual information form which can be accessed at http://www.sedar.com/.
The forward-looking statements contained in this press release are made as of the date hereof and Azure undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Azure Dynamics Corporation
CONTACT: ON AZURE, CONTACT: Ryan Carr, Chief Financial Officer, (248) 298-2403 ext 1206, Email: rcarr@azuredynamics.com; Patrick Liebler, Liebler Group, (248) 229-4418, Email: pat@lieblergroup.com
Stryker Announces Organizational Changes
KALAMAZOO, Mich., Sept. 1 /PRNewswire-FirstCall/ -- Stryker Corporation announces senior level organizational changes, effective today.
Lonny J. Carpenter, currently Group President, Instruments and Medical, assumes the newly created position of Group President, Global Quality and Operations, reporting to Stephen P. MacMillan, President and Chief Executive Officer. In this role, Mr. Carpenter will be responsible for setting and executing company-wide quality, manufacturing, procurement and logistics strategies. Mr. Carpenter has been with Stryker for 20 years, holding leadership positions of increasing responsibility across our global manufacturing network prior to his most recent role as Group President of the Instruments and Medical group.
Michael P. Mogul, currently President, Orthopaedics, is promoted to Group President, Orthopaedics and a corporate officer, reporting to Mr. MacMillan. In this role, Mr. Mogul will assume additional leadership responsibilities for the global Trauma and CMF franchises in addition to his current responsibilities. Mr. Mogul has been with Stryker for 20 years, holding various leadership positions within the Instruments, EMEA and Orthopaedics divisions.
Timothy J. Scannell, currently Group President, Spine and Endoscopy, becomes Group President, MedSurg and Spine, reporting to Mr. MacMillan. In this role, Mr. Scannell will assume additional leadership responsibilities for the Instruments and Medical divisions. Mr. Scannell has been with Stryker for 19 years, holding various leadership positions within the Endoscopy, Biotech and Spine divisions.
Stryker Corporation is one of the world's leading medical technology companies with the most broadly based range of products in orthopaedics and a significant presence in other medical specialties. Stryker works with respected medical professionals to help people lead more active and more satisfying lives. The Company's products include implants used in joint replacement, trauma, craniomaxillofacial and spinal surgeries; biologics; surgical, neurologic, ear, nose & throat and interventional pain equipment; endoscopic, surgical navigation, communications and digital imaging systems; as well as patient handling and emergency medical equipment. For more information about Stryker, please visit http://www.stryker.com/.
Stryker Corporation
CONTACT: Katherine A. Owen, Vice President, Strategy and Investor Relations of Stryker Corporation, +1-269-385-2600
Web Site: http://www.stryker.com/
Density Dynamics Receives Payment for SSD Initial Phase with Wachovia
GERMANTOWN, Md., Sept. 1 /PRNewswire/ -- Density Dynamics, a majority owned subsidiary of Speedus Corp. , announced today it has received a 2nd payment from Wachovia Corporation related to testing of its high performance DRAM based solid state drives. The $50,000 payment brings the total received from Wachovia to approximately $200,000. Discussions for implementation of Density's next generation of RamFlash SSD devices are ongoing.
About Density Dynamics
Density Dynamics, a majority owned subsidiary of Speedus Corp., is a pioneer in the solid-state storage and I/O acceleration technology. Its high performance RamFlash solid-state storage and computing devices are designed to reduce I/O bottlenecks while also reducing power, cooling, and rack space requirements. Density Dynamics can be found on the web at http://www.densitydynamics.com/.
About Speedus Corp.
Additional information on Speedus Corp. may be obtained at http://www.speedus.com/ or by contacting Peter Hodge at 888-773-3669 (ext. 23) or phodge@speedus.com.
Statements contained herein that are not historical facts, including but not limited to statements about the Company's product, corporate identity and focus, may be forward-looking statements that are subject to a variety of risks and uncertainties. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, the continuing development of the Company's sales, marketing and support efforts.
Density Dynamics
CONTACT: Peter Hodge, 1-888-773-3669 (ext. 23), phodge@speedus.com
Web Site: http://www.densitydynamics.com/
Colorado Springs School District 11 Selects tw telecom to Provide Voice, Internet and Data Services--Multi-year agreement for tw telecom services connects 33,000 students, teachers and staff in more than 50 locations --Company delivers advanced communications connectivity to six Colorado public school districts to serve the needs of 150,000 students, faculty and staff
COLORADO SPRINGS, Colo., Sept. 1 /PRNewswire-FirstCall/ -- tw telecom , a leading provider of managed voice, Internet and data networking solutions for businesses, today announced that Colorado Springs School District 11 has selected it to provide advanced data, voice and Internet services to the district and its more than 50 schools and office buildings.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO)
tw telecom won the five-year contract through a competitive bid process that evaluated technical compliance, past performance and proposed costs. Installation of the services was completed earlier this month.
"After a comprehensive review, we found that tw telecom offers the best package of highly reliable and affordable communications services that our district needs," said Dr. Nicholas Gledich, Superintendent of Colorado Springs School District 11. "And, just as important, tw telecom offers the flexibility and responsiveness to meet our service and billing needs."
With the addition of Colorado Springs School District 11, tw telecom now manages the data and voice services for six school districts and nearly 150,000 public school students, faculty and staff in Colorado. Other public school districts that use tw telecom services include: Littleton Public Schools; Cherry Creek School District; Douglas County School District; Academy School District 20; and Fountain-Fort Carson School District 8.
"Colorado Springs School District 11 has developed a reputation for aggressively introducing innovative programs such as International Baccalaureate, Gifted & Talented, Advanced Placement and CORE Knowledge to meet the education needs of its students," said Rick Corbett, Vice President and General Manager for tw telecom in Colorado Springs. "We're pleased that the data, voice and Internet services we are providing will help maintain that momentum by keeping the district's 33,000 students, teachers and staff connected with their local community and the world in the most reliable, efficient and affordable way possible."
tw telecom connects more commercial buildings to its fiber network than any other competitive communications provider, only exceeded by the large global incumbents. It has the third highest market share of retail Ethernet ports in service. With its own national fiber network and IP backbone, tw telecom has the national capability, robust product portfolio and national/local customer care teams to support mission critical enterprise applications and to deliver the industry's most sought after customer experience.
About tw telecom
tw telecom holdings inc., a unit of tw telecom inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP, VPN, and security, to enterprise organizations and communications services companies throughout the U.S. and globally. As a leading provider of integrated and converged network solutions, tw telecom delivers customers overall economic value, quality, service, and improved business productivity. Please visit http://www.twtelecom.com/ for more information.
About Colorado Springs School District 11
As one of the oldest school districts in Colorado Springs, District 11 has enjoyed a distinguished history of providing excellent education to the greatest number of students in its region. The district serves nearly 30,000 students at more than 60 schools, and each District 11 school is focused on continuous improvement of student achievement, providing a safe learning environment for students and staff, making the most effective and efficient use of resources, working collaboratively with parents, and offering the best quality education in the state of Colorado to the 21st century student.
Photo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
tw telecom
CONTACT: Bob Meldrum of tw telecom, +1-303-566-1354, bob.meldrum@twtelecom.com
Web Site: http://www.twtelecom.com/
N-Viro International Corp. to Present at Rodman & Renshaw Annual Global Investment Conference
TOLEDO, Ohio, Sept. 1 /PRNewswire-FirstCall/ -- N-Viro International Corporation (BULLETIN BOARD: NVIC.OB) , an environmental and materials operating company that owns patented technologies to convert various types of wastes into beneficial reuse products, including the renewable biofuel N-Viro Fuel(TM) and N-Viro Soil(TM) today announced that the company will present at the Rodman & Renshaw Annual Global Investment Conference on September 10, 2009. The conference will be held during September 9-11, 2009, at the New York Palace Hotel in New York. The presentation is scheduled for Thursday, September 10, 2009, at 4:55 PM Eastern Time, in Kennedy II Salon (4th Floor).
Members of the company's management team will be available for one-on-one meetings with investors. For additional information or to schedule a one-on-one meeting with N-Viro International Corp., at this conference, please contact the company's investor relations consultant Mr. David Kugelman at 386-409-0200 or info@invrel.net.
About N-Viro International (http://www.nviro.com/)
N-Viro International is an environmental and materials operating company that owns patented technologies to convert various types of waste into beneficial alternative fuel products, including the renewable biofuel N-Viro Fuel(TM) and the N-Viro Soil(TM). Its renewable biofuel technology, N-Viro Fuel(TM), has received alternative energy status from the U.S. Environmental Protection Agency, which qualifies the technology for renewable energy incentives. N-Viro International operates processing facilities independently as well as in partnership with municipalities.
Special Cautionary Note Regarding Forward-Looking Statements
The Company cautions that words used in this document such as "expects," "anticipates," "believes" and "may," as well as similar words and expressions used herein, identify and refer to statements describing events that may or may not occur in the future. These forward-looking statements and the matters to which they refer are subject to considerable uncertainty that may cause actual results to differ materially from those described herein. For example, while the Company expects business expansion projects to begin in an estimated time frame, such expectations are subject to adverse economic conditions and other factors outside of the Company's control. Further, the Company's ability to increase capabilities and expand capacity is subject to the ability of the Company or its partners to access sufficient capital to pay for this expansion, which will further depend on, among other factors, market acceptance. Our ability to achieve profitability of these projects could be negatively impacted if there is a lack of an adequate supply of waste or expenses increase above the Company's expectations - including fuel and transportation costs, labor costs and costs relating to the treatment and processing of the biosolids and creation of the N-Viro Soil or N-Viro Fuel. In addition, while the Company believes that trends in "greener" energy solutions are moving in favor of the Company's technology, such trends may not continue or may never result in increased sales or profits to the Company because of the availability of competing products and other alternative energy source. All of these factors, and other factors, will affect the profitability of the Company. Additional information about these and other factors that may adversely affect these forward-looking statements are contained in the Company's reports, including its Annual Report on Form 10-K for the year ended December 31, 2008 and other filings with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws.
For More Information Contact:
Timothy Kasmoch, CEO
info@nviro.com (419) 535-6374
N-Viro International Corporation
CONTACT: Timothy Kasmoch, CEO, N-Viro International Corporation, +1-419-535-6374, info@nviro.com
Web Site: http://www.nviro.com/
Gameloft Sells Over 6 Million Games on App Store
PARIS, September 1 /PRNewswire-FirstCall/ -- Gameloft(R), a leading publisher and developer of downloadable video games, today announced that it has sold over 6 million games on the App Store. Gameloft boasts a diverse catalog of offerings from action to casual to sports games. The company currently has 35 games available on the App Store, of which 18 have made the Top 10 Paid Games list worldwide. The iPhone OS continues to be Gameloft's number one platform.
"From the distribution model to the types of games available, the App Store has completely revolutionized the way handheld games are played, perceived and received," said Michel Guillemot, chairman and CEO, Gameloft. "Our strategy from the onset has been twofold. First we deliver an aggressive line-up of high quality games and then we adapt in real time to consumer needs. With over 6 million paid games sold, it has proven to be quite successful."
Top sellers from Gameloft in 2009 include:
- Gangstar: West Coast Hustle - A thrilling 3D open-world
crime epic that lets players live the life of an L.A. gangster by
taking on missions, exploring the city, escaping from police and
challenging rival gang members.
- NFL 2010 (US and Canada)- A 100% authentic NFL experience
with real teams, real players and real action that lets players lead
their team through an entire season and battle to win The Super Bowl.
- Guitar Rock Tour 2 - A rhythm-based game that immerses
players into the rock n' roll world of stardom with the choice to play
with guitar or drum instruments Features an explosive licensed track
list of songs such as "I Love Rock 'N Roll", "Call Me" and "Paranoid."
- The Oregon Trail - The classic re-make of the popular Apple
II game that captures the youthful hearts of gamers and allows players
to embark on the most exciting journey in American history!
- Real Tennis 2009 - A realistic simulation game that allows
players to live the life of a tennis pro and play on famous courts
around the world.
- Let's Golf! - The best 3D family golf game that lets you
discover a fun and colorful atmosphere. The intuitive gameplay makes it
accessible to everyone. .
- Assassin's Creed: Atlair's Chronicles - The prequel to the
critically acclaimed console title that captivate players with intense
adventures and takes place during the Third Crusade in the Holy Land.
- UNO - The world famous card game is faithfully reproduced
for iPhone and features exciting new rules. In single or multiplayer
mode, playing UNO(TM) with friends has never been so fun and easy.
- Terminator Salvation - A 3D third person shooting game that
plunges players into an action packed sci-fi world where you play as
Resistance leader, John Connor and take out hordes of enemies to defend
the human race.
Gameloft's backlog titles continue to hit the Top 10 Paid Games list across multiple countries worldwide. The company plans to launch 15-30 titles for the App Store through the end of 2009.
About Gameloft
Gameloft is a leading international publisher and developer of downloadable video games. Established in1999, it has emerged as one of the top innovators in the gaming space. The company creates games for mobile handsets, iPhone/iPod Touch, handheld portables and next-gen consoles. The total number of games-enabled handsets is anticipated to exceed four billion units by 2012. The install base for iPhone and iPod Touch is 37 million and growing. Gameloft games are also available to players on WiiWare, DS,Microsoft's Xbox LIVE Arcade and PCs.
Partnership agreements with leading licensors and sports personalities such as Ubisoft Entertainment, Universal Pictures, ABC, Dreamworks Animations SKG, Endemol, 20th Century Fox, Viacom, Sony Pictures, Touchtone Television, Warner Bros., FifPro, Ferrari, Paris Hilton, Gus Hansen, Kobe Bryant, Derek Jeter, Reggie Bush, Chuck Norris, Jonny Wilkinson or Robinho allow Gameloft to form strong relationships with international brands. In addition to the partnerships, Gameloft owns and operates titles such as Block Breaker Deluxe, Asphalt: Urban GT and New York Nights.
Through agreements with major telephone wireless carriers, handset manufacturers, specialized distributors and its online shop, Gameloft has a distribution network in over 80 plus countries.
Gameloft has worldwide offices in New York, San Francisco, Seattle, Montreal, Mexico, Buenos Aires, Paris, London, Cologne, Milan, Madrid, Lisbon, Copenhagen, Warsaw, Helsinki, Vienna, Bucharest, New Delhi, Seoul, Kuala Lumpur, Beijing, Hong Kong, Singapore, Tokyo and Sydney. Gameloft is listed on Euronext Paris (ISIN: FR0000079600, Bloomberg: GFT FP, Reuters: GLFT.PA)
For more information visit http://www.gameloft.com/
For more information, please contact:
Sanette Chao, Director, Public Relations - Sanette.Chao@gameloft.com
+1-212-994-2495 or visit http://www.gameloft.com/
Gameloft
CONTACT: For more information, please contact: Sanette Chao, Director, Public Relations - Sanette.Chao@gameloft.com, +1-212-994-2495 or visit http://www.gameloft.com/
Federal Signal Announces New Training Program, Appoints Gary Toothe as Manager
ELGIN, Ill. Sept. 1 /PRNewswire-FirstCall/ -- Federal Signal Environmental Solutions Group has appointed Gary Toothe as training program manager for the company's newly developed training initiative. In this role, Toothe will lead the creation, implementation and dissemination of all training initiatives for the industrial, construction and utility market segments serviced through FS Solutions, a resource for used equipment sales and service, parts and rentals.
He will also facilitate training on operation, safety, supervision, management and sales to industrial cleaning contractors through their nearest FS Solutions Center. Training on these topics will be available via DVD and online.
"Bringing Gary's knowledge and skill to this new training initiative will have a significant impact on the success of industrial cleaning contractors across North America," said Tony Fuller, director of sales, Federal Signal Environmental Solutions Group. "Being able to train our customers on the correct use of equipment, as well as the sales and management skills they need, spells success for everyone involved."
"The importance of training to people who make their living operating vacuum trucks and waterblasters simply can't be measured," Toothe said. "Safety and best practices have always been an integral part of the FS Solutions mission and I'm proud to be a part of this organization."
Toothe brings 25 years of experience in the industrial cleaning market segment to Federal Signal's Environmental Solutions Group. Known in the industry for his training efforts, Toothe was this year's recipient of the WJTA Safety Award for his contribution to the waterblast and industrial vacuum industry. A certified environmental, safety and health trainer and a certified instructional technologist, Toothe is also a member of the National Safety Council; the American Society for Training and Development; the National Environmental, Safety and Health Training Association; and Project Safe Georgia.
Federal Signal Corporation is a leader in advancing security and well-being for communities and workplaces around the world. The company designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial and airport customers. Federal Signal's portfolio of trusted, high-priority products include Bronto aerial devices, Elgin street sweepers, Federal Signal safety and security systems, Guzzler industrial vacuums, Jetstream waterblasters and Vactor sewer cleaners and vacuum excavators. Federal Signal was founded in 1901 and is based in Oak Brook, Ill. For more information, visit http://www.federalsignal.com/.
Federal Signal Environmental Solutions Group
CONTACT: Annette Adams of Federal Signal Corporation, +1-847-741-5370, aadams@fsepg.com; or Tim Montgomery of Cooper Hong Inc., +1-630-377-2555, ext. 102, tmontgomery@cooperhong.com, for Federal Signal Environmental Solutions Group
Web Site: http://www.federalsignal.com/
Current Technology Restructures Debt Totalling $1,642,039 USD
VANCOUVER, British Columbia, Sept. 1 /PRNewswire-FirstCall/ -- The following was issued today by Robert Kramer, Director, Current Technology Corporation (BULLETIN BOARD: CRTCF) :
Current Technology Corporation (the "Company") announced today that it has agreed with Keith Denner, its principal shareholder and creditor, to extend and restructure his credit facility with the Company. Mr. Denner agreed to extend the maturity of the credit facility from January 19, 2010 to January 22, 2011 and to reduce the interest rate during the extension period to one percent (1%) under the prime interest rate from 10% per annum if the facility is paid prior to its maturity date. Including his 2009 advances, the principal and accrued interest on the credit facility was $1,642,039 at August 31, 2009, an increase of $322,320 since September 2008. All other terms of the credit facility, as last amended in September 2008, remain the same.
In connection with the extension, the Company reduced the exercise price on Mr. Denner's warrants and the conversion price on his convertible debt to $0.08 per share, the closing price on August 31, 2009. Mr. Denner shall also have the right to convert all or a portion of the credit facility on the same price and terms as any future private placement. He received no cash consideration or additional warrants in connection with the extension.
Mr. Denner also granted Robert Kramer, the President of the Company, an option to purchase 3,000,000 shares of his common stock at a price of $.38 per share. Mr. Denner had granted Mr. Kramer a similar option that expired on July 5, 2009. The terms of the new option are the same as the original grant, except that the options vest if certain corporate milestones are achieved by September 1, 2010 and they will now expire on January 22, 2011.
After taking into consideration the foregoing transactions, Mr. Denner owns 16,219,266 common shares (representing approximately 10.04% of the issued and outstanding shares of the Company) and warrants to purchase an additional 32,748,933 common shares. In the aggregate, after giving effect to the exercise of Mr. Denner's warrants and the conversion of the Note (and prior to the exercise or conversion of any options, warrants or other convertible securities of the Company by any other holder thereof), Mr. Denner would beneficially own under applicable securities law 31.04% of the deemed outstanding shares of the Company. This percentage will be reduced proportionately if other holders exercise their existing options and warrants previously issued by the Company. All of the foregoing numbers are effective as of August 31, 2009.
The shares and warrants were acquired for investment purposes and Mr. Denner has no present intention to further increase his beneficial ownership of or control or direction over the shares. Mr. Denner may in the future take such actions in respect of his holdings as he deems appropriate in light of the circumstances then existing, including the purchase of additional shares or other securities of the Company through open market purchases or privately negotiated transactions, or the sale of all or a portion of his holdings in the open market or in privately negotiated transactions to one or more purchasers.
In connection with the foregoing transactions, Mr. Denner, who has been an investor in the Company for more than a decade, said, "The extension, reduction in interest rate and additional fundings I made affirm my support and confidence in Current Technology, its 62% owned subsidiary Celevoke, Inc. ("Celevoke") and their management teams. Current Technology CEO Robert Kramer and Celevoke CEO Chuck Allen have accomplished a great deal during this past year under very difficult market conditions. I am especially encouraged by a number of milestones: Celevoke's involvement with T-Mobile, its recent initiative with Triple Protection Auto Care, Inc., an industry leader in the domestic auto market, its continuing relationship with Travelers and Geico, and its corporate partnership with the FBI-Law Enforcement Executive Development Association, Inc. All of these items were the subjects of recent press releases."
Robert Kramer, Company CEO, said "We are particularly grateful to Keith Denner for his financial and other support and the confidence he has shown in our Company with the extension, modification and increase of his credit facility."
Forward Looking Statement
This news release contains forward-looking statements regarding future events and Current Technology's future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). These statements are based on current expectations, estimates, forecasts, and projections about the industry in which Current Technology operates and the beliefs and assumptions of Current Technology's management. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "continues," "may," variations of such words, and similar expressions, are intended to identify such forward-looking statements. In addition, any statements that refer to projections of Current Technology's future financial performance, Current Technology's anticipated growth and potentials in its business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties, and assumptions that are difficult to predict, including those identified elsewhere herein and Current Technology's Annual Report on Form 10-K for the fiscal year ended December 31, 2008 under "Risk Factors." Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Current Technology undertakes no obligation to revise or update any forward-looking statements for any reason.
Current Technology Corporation
CONTACT: CORPORATE, Robert Kramer of Current Technology Corporation, 1-800-661-4247; or INVESTOR RELATIONS, Richard Hannon of Polestar Communications, 1-866-858-4100, for Current Technology Corporation
Web Site: http://www.current-technology.com/
Heartland, Inc. Announces Year End Revenue Projections
MIDDLEBORO, Ky., Sept. 1 /PRNewswire-FirstCall/ -- Heartland, Inc. (OTC Bulletin Board: HTLJ), a diversified company with businesses in steel warehousing and fabrication and petroleum retail and wholesale operations, today announced year end revenue projections for each of its subsidiaries. Based on a comprehensive review of recently reported results, current operations, and expected conditions for the remainder of 2009, the company projects the following revenue ranges:
-- Heartland Steel: $1.5 - $2.0 million
-- Mound Technologies: $12 - $14 million
-- Lee Oil: $85 - $90 million
Accordingly, Heartland estimates total revenue for the year ending December 31, 2009 to fall in the range of $98.5 million to $106 million, as compared to $39.5 million reported for the 2008 fiscal year.
"Despite the persistent economic stresses of 2009 we are confident in our ability to achieve these projections and deliver substantial top line growth for the year," said Terry Lee, chief executive officer of Heartland, Inc. "Considering the significant challenges posed by the current climate, we are encouraged by the stability of the revenue streams associated with our subsidiaries. As our business units maintain consistent revenues and operating profits, we remain focused on exploring avenues for continued progress and synergistic growth."
These revenue estimates are preliminary and there is no guarantee that we will achieve the above stated goals. The Company expects to report full financial results for the year ended December 31, 2009 by March 31, 2010.
About Heartland, Inc.
Heartland, Inc. is a diversified company with businesses in steel warehousing and fabrication and petroleum retail and wholesale operations. Mound Technologies is a full service structural and miscellaneous steel fabricator located in Springboro, Ohio. Lee Oil Company services and sells over 40 million gallons of petroleum product annually through a combination of retail and wholesale operations. Heartland Steel, Inc. is a new venture which operates a structural steel service center in Washington Court House, Ohio.
Forward-Looking Statements
Statements contained in this news release, which are not historical facts, are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Amounts herein could vary as a result of market and other factors. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.
Heartland, Inc.
CONTACT: INVESTOR RELATIONS: Paul G. Henning, Cameron Associates, +1-212-554-5462, Paul@cameronassoc.com
Spectra Energy Partners Announces Appointment of Two New Board Members
HOUSTON, Sept. 1 /PRNewswire-FirstCall/ -- Spectra Energy Partners, LP today announced the appointment of two new directors to the board of its general partner: Theopolis Holeman and J.D. Woodward III.
(Logo: http://www.newscom.com/cgi-bin/prnh/20071107/CLW064 )
Holeman, group vice president of Spectra Energy Corp's U.S. operations, is responsible for pipeline and storage operations, and environmental health and safety. Prior to assuming his current position, he served as senior vice president of power delivery for Duke Energy, responsible for electric transmission and distribution systems within the company's five-state service area.
Woodward is president of Woodward Development Inc., a real estate and energy investment firm, and managing member of Woodward - Apple Springs, LLC, an owner and operator of natural gas midstream assets in East Texas. Woodward retired from Atmos Energy in 2006 as senior vice president of non-utility operations.
"Both Theopolis and J.D. bring a wealth of industry experience to the board of Spectra Energy Partners, including in-depth knowledge and experience in the natural gas transmission business," said Fred J. Fowler, chairman. "I am confident they will provide effective insights and guidance in their roles as directors."
Current board members reelected to one-year terms are: Fred J. Fowler, Gregory J. Rizzo, Steven D. Arnold, Stewart A. Bliss, Nora Mead Brownell, R. Mark Fiedorek and Patrick J. Hester.
Spectra Energy Partners, LP is a Houston-based master limited partnership, formed by Spectra Energy Corp , that owns interests in natural gas transportation and storage assets in the United States, including more than 3,100 miles of transmission and gathering pipeline and 42.5 billion cubic feet (Bcf) of natural gas storage. These assets are capable of transporting 3.25 Bcf of natural gas per day from growing supply areas to high demand markets.
Photo: http://www.newscom.com/cgi-bin/prnh/20071107/CLW064
Spectra Energy Partners, LP
CONTACT: Media & Analysts: Derick Smith of Spectra Energy Partners, LP, +1-713-627-4963
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