Companies news of 2009-09-11 (page 1)
The Walt Disney Studios, The Beatles' Apple Corps Ltd., and Oscar(R)-Winning Filmmaker...
Disney Teams Up With Acclaimed Filmmaker Guillermo del Toro to Create Animated Features...
Phase 3 Trial of Aflibercept in Metastatic Pancreatic Cancer DiscontinuedPhase 3 studies...
Vail Resorts Names Paul G. Toner Senior Vice President & Chief Operating Officer of...
United American Healthcare Corporation Announces Release Date for Fiscal 2009 Fourth...
China GrenTech Announces Changes to its Board of Directors
ActionView International, Inc. Targets Native American Gaming Facilities as Venues for...
SureWest to Participate in 7th Annual Jefferies Communications Conference 2009
West to Present at Two Upcoming Investor Conferences
The Walt Disney Studios, The Beatles' Apple Corps Ltd., and Oscar(R)-Winning Filmmaker...
California American Water's H2O - Help to Others Program Provides Assistance With Water...
Media advisory: Domtar at the UBS ConferenceTICKER SYMBOL UFS (NYSE, TSX)
California American Water Announces New Payment Location in Imperial BeachCustomers have a...
Disney Teams Up With Acclaimed Filmmaker Guillermo del Toro to Create Animated Features...
Global Crossing Prices Private Offering of $750 Million of Its 12% Senior Secured Notes...
Bangkok Hospital Group and IBM Collaborate on Smarter Healthcare Initiative
U.S. Food and Drug Administration Clears Vermillion's OVA1(TM) Test to Determine...
James Cash to Retire From Microsoft Board of DirectorsHarvard Business School professor...
Hillman Group Capital Trust Announces Cash Distribution on Trust Preferred Securities
ICO Announces Agreement With Micro Pellets Australia Pty. Ltd.
Viacom's First Ever 'Roadblock' Program Scores High MarksGet Schooled: You Have the Right...
International Absorbents Announces Second Quarter and Six Months Results
John Chapple Resigns From RealNetworks Board to Focus on Other Responsibilities
MSNBC's 'Morning Joe' to Be Carried on Comcast Hometown Network in California Beginning...
First American Spatial Solutions Estimates More Than $235 Million In Residential Real...
Mullen Group Ltd. dividend policy and declaration of dividend
GoldSpring Announces Opening of New Corporate Office
California LifeLine Program Helps Keep People Connected; Free Multilingual Guide...
CME Group Announces the Launch of New Petroleum Products and Natural Gas Liquids Futures...
The Walt Disney Studios, The Beatles' Apple Corps Ltd., and Oscar(R)-Winning Filmmaker Robert Zemeckis Dive Into New Magical 3D Adaptation of the 1968 Classic Yellow Submarine
ANAHEIM, California, September 11 /PRNewswire/ --
The Walt Disney Studios has made a deal with Apple Corps Ltd. to develop
a new 3D performance capture adaptation of the 1968 hit animated film "Yellow
Submarine" to be written and directed by Robert Zemeckis, it was announced
today at the D23 Expo by Dick Cook, chairman, The Walt Disney Studios. The
film will be created by ImageMovers Digital, Disney's state-of-the-art
performance capture animation studio operated in conjunction with Zemeckis
and his partners, Jack Rapke and Steve Starkey, who will serve as producers
on the project.
For this fantastic new voyage to Pepperland, Zemeckis will incorporate
the 16 Beatles songs and recordings from the original motion picture licensed
from Sony/ATV Music Publishing LLC and EMI-Capitol Records, respectively. The
songs include "All Together Now," "All You Need Is Love," "Eleanor Rigby,"
"Lucy in the Sky with Diamonds" and "With A Little Help From My Friends"
while combining his unique vision and style to bring this dazzling tale to
life.
In making the announcement, Cook said, "This is truly an inspired
collaboration, and a wonderful opportunity to revisit one of the most
imaginative and memorable musical fantasies of all time. To be working with
the amazing folks at Apple Corps, and to have Bob helming the sub is truly as
good as it gets. With all those incredible Beatles songs and imagery, the
spectacular vision of Bob and his pioneering team at ImageMovers Digital, and
a classic adventure full of wit and action, we're sure that moviegoers are
going to have a great time on this latest trip to Pepperland."
Zemeckis said, "'Yellow Submarine' is one of the greatest fantasy films
of all time, and making this new 3D performance capture movie is a dream come
true for me. With the latest advances in technology, we will be able to take
moviegoers on a voyage unlike any other, and bring new excitement and
dimension to Pepperland and the various sea worlds they encounter. I'm
thrilled to be working with the good folks at Apple Corps and our partners at
Disney on this epic retelling of one of my all time favorite films."
Jeff Jones, CEO, Apple Corps Ltd., said, "With The Beatles and Walt
Disney Studios, we have a partnership between two of the best loved creative
entities in the world. We're very excited about the magical fantasy that will
result from this collaboration. The marriage of the music of The Beatles with
the talent and technical wizardry of Robert Zemeckis and ImageMovers Digital
should produce something very special. We look forward to working with Bob
and his team on realising his new vision for 'Yellow Submarine'".
The original motion picture (released in the U.S. on November 13, 1968)
based on the music of The Beatles was directed by George Dunning and featured
the inspired art direction and design of Heinz Edelmann. The movie is set in
Pepperland, an undersea paradise inhabited by music lovers who live in peace
and harmony and are protected by Sgt. Pepper's Lonely Hearts Club Band. That
is... until they are threatened by the music hating Blue Meanies. It's up to
John, Paul, George and Ringo to set off on a magical adventure in their
yellow submarine and bring music and harmony back to Pepperland.
About The Walt Disney Studios
The Walt Disney Studios is a unit of The Walt Disney Company (NYSE: DIS)
and produces and distributes motion pictures under the following banners:
Walt Disney Pictures (which include live-action movies, animated feature
films from Walt Disney Animation Studios and Pixar Animation Studios) as well
as Touchstone Pictures, Hollywood Pictures and Miramax Films. Walt Disney
Studios Motion Pictures International serves as the Studio's international
distribution arm. Walt Disney Studios Home Entertainment distributes Disney
and other film titles to the rental and sell-through home entertainment
markets. Disney Theatrical Group is among the world's most successful
commercial theatre enterprises producing or licensing live entertainment
events that reach a global annual audience of more than 20 million people in
more than 40 countries, and the Disney Music Group distributes original music
and motion picture soundtracks under its three record labels: Walt Disney
Records, Hollywood Records and Lyric Street Records.
About Apple Corps. Ltd.
Apple Corps Ltd. was founded by The Beatles in 1968 to look after the
group's own affairs. The London-based company has administered the catalogue
of The Beatles releases of the 1960s that have sold to date more than 600
million records, tapes and CDs. Since the 1990s Apple has piloted new Beatles
projects that have become benchmarks for pioneering accomplishment and which
have included The Beatles Anthology projects, the 28 million-selling album
The Beatles 1 and the The Beatles LOVE show and CD. Further information on
The Beatles' projects can be found at http://www.thebeatles.com.
The Walt Disney Studios
Heidi Trotta of The Walt Disney Studios, +1-818-560-7280, heidi.trotta@disney.com; or Jeff Jones of Apple Corps Ltd., +44-0207-761-9601, fax, +44-0207-225-0661, jeff@applecorpsltd.com
Disney Teams Up With Acclaimed Filmmaker Guillermo del Toro to Create Animated Features With Chills and Thrills Under the New Label 'Disney Double Dare You'
ANAHEIM, California, September 11 /PRNewswire/ --
The Walt Disney Studios, in collaboration with acclaimed filmmaker
Guillermo del Toro ("Pan's Labyrinth," "The Hobbit"), is launching a new
production label called Disney Double Dare You (DDY), to create new animated
films full of chills and thrills for audiences of all ages, it was announced
today at the D23 Expo by Dick Cook, chairman of The Walt Disney Studios. All
films will be produced under the guidance of del Toro, who originated the
concept and the design of DDY and who will also direct certain projects. The
first project in development for the new label is called "Trollhunters," an
original del Toro story which he will produce.
Commenting on the announcement, Cook said, "Guillermo is a brilliant and
visionary filmmaker, and we're excited to be launching this new label with
him. His knowledge and appreciation for Disney films, along with his penchant
for creating worlds of fantasy, presented a great opportunity for us to
explore a whole new genre of filmmaking for moviegoers of all ages. We have
admired Guillermo's imaginative approach to filmmaking for some time, and now
we're proud to be working with him to create films full of imaginative
delights and lots of thrills at the same time."
Del Toro added, "As a director, I love to take audiences into fantastic
new worlds and provide them with some anxious moments in the process. It is
part of the Disney canon to create thrilling, unforgettable moments and
villains in all their classic films. It is my privilege for DDY to continue
in this tradition. To partner up with The Walt Disney Studios, with the
support of Dick Cook and John Lasseter, is to belong to a storytelling
partnership that I admire deeply. It is a true honor. I look forward to
coming up with fresh and original stories that will take Disney films in a
whole new direction. The emphasis is on fun, and we have some great ideas
already on the storyboards."
Del Toro's "Pan's Labyrinth" received six Academy Award(R) nominations in
2007, including one for his original screenplay, and went on to win three
awards. That film also received a BAFTA Award for Best Film not in the
English Language. His other directing credits include "Hellboy," "Hellboy II:
The Golden Army," "The Devil's Backbone," "Cronos," and "Mimic," among
others. Del Toro is currently directing back-to-back feature film adaptations
of the Tolkien classic, "The Hobbit," for release in 2011 and 2012.
Walt Disney Studios
Heidi Trotta of The Walt Disney Studios, +1-818-560-7280, Heidi.trotta@disney.com; or Gary Ungar, +1-310-573-1523, Exile_ent@yahoo.com, of Exile Entertainment for Guillermo del Toro
Phase 3 Trial of Aflibercept in Metastatic Pancreatic Cancer DiscontinuedPhase 3 studies in colorectal cancer, non-small cell lung cancer, and prostate cancer continue with over 70 percent enrollment completed
PARIS and TARRYTOWN, N.Y., Sept. 11 /PRNewswire-FirstCall/ -- Sanofi-aventis (Euronext: SAN and NYSE: SNY) and Regeneron Pharmaceuticals, Inc. today announced the discontinuation of the Phase 3 trial that evaluated aflibercept (VEGF Trap) plus gemcitabine versus placebo plus gemcitabine for the first-line treatment of metastatic pancreatic cancer (VANILLA), based on the recommendations by an Independent Data Monitoring Committee (IDMC). As part of a planned interim efficacy analysis, the IDMC determined that the addition of aflibercept to gemcitabine would be unable to demonstrate a statistically significant improvement in the primary endpoint of overall survival compared to placebo plus gemcitabine in this study. The types and frequencies of adverse events reported on the combination arm with aflibercept were generally as anticipated.
With the closure of the study, a detailed analysis of the efficacy and safety results will be conducted by the companies and results will be presented at a future medical meeting. Sanofi-aventis and Regeneron have notified the study investigators and appropriate regulatory authorities of the decision to discontinue the study. Patients in the study will continue to be provided access to aflibercept at the determination of the study investigators in consultation with the patients.
Metastatic pancreatic cancer is among the most intractable cancers. Clinical development of new therapies, including anti-VEGF agents, has been generally characterized by a failure to achieve significant incremental clinical benefit over existing treatments.
"We are disappointed with the result of this study and we will continue our efforts to bring new and effective treatments for these patients," said Dr. Marc Cluzel, Senior Vice President, Research and Development sanofi-aventis. "We remain committed to the other ongoing Phase 3 trials of aflibercept in colorectal cancer, non-small cell lung cancer, and hormone-refractory metastatic prostate cancer."
Three Phase 3 studies continue, each of which is currently over 70 percent enrolled:
-- VELOUR study: 2nd-line metastatic colorectal cancer in combination
with fluorouracil, leucovorin, and irinotecan (FOLFIRI)
-- VITAL study: 2nd-line non-small cell lung cancer in combination with
docetaxel
-- VENICE study: 1st-line hormone-refractory metastatic prostate cancer
in combination with docetaxel and prednisone
About Pancreatic Cancer
Each year in the United States, more than 42,000 individuals are diagnosed with pancreatic cancer and over 35,000 die. The prognosis is generally poor; less than five percent of those diagnosed are still alive five years after diagnosis. Gemcitabine is considered the standard backbone of first-line treatment in patients with first-line metastatic pancreatic cancer.
About Aflibercept
Aflibercept is an anti-angiogenesis inhibitor with a unique mechanism of action. This fusion protein binds all forms of Vascular Endothelial Growth Factor-A (VEGF-A), as well as VEGF-B and placental growth factor (PIGF), additional angiogenic growth factors that appear to play a role in tumor angiogenesis and inflammation. Aflibercept has been shown to bind VEGF-A, VEGF-B, and PlGF with higher affinity than their natural receptors.
About sanofi-aventis
Sanofi-aventis, a leading global pharmaceutical company, discovers, develops, and distributes therapeutic solutions to improve the lives of everyone. Sanofi-aventis is listed in Paris (EURONEXT PARIS: SAN) and in New York .
About Regeneron Pharmaceuticals, Inc.
Regeneron is a fully integrated biopharmaceutical company that discovers, develops, and commercializes medicines for the treatment of serious medical conditions. In addition to
ARCALYST (rilonacept) Injection for Subcutaneous Use, its first commercialized product, Regeneron has therapeutic candidates in clinical trials for the potential treatment of cancer, eye diseases, inflammatory diseases, and pain, and has preclinical programs in other diseases and disorders. Additional information about Regeneron and recent news releases are available on Regeneron's web site at http://www.regeneron.com/.
Forward Looking Statement - sanofi-aventis
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include product development, product potential projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future events, operations, products and services, and statements regarding future performance. Forward-looking statements are generally identified by the words "expects," "anticipates," "believes," "intends," "estimates," "plans" and similar expressions. Although sanofi-aventis' management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of sanofi-aventis, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMEA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labeling and other matters that could affect the availability or commercial potential of such products candidates, the absence of guarantee that the products candidates if approved will be commercially successful, the future approval and commercial success of therapeutic alternatives as well as those discussed or identified in the public filings with the SEC and the AMF made by sanofi-aventis, including those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in sanofi-aventis' annual report on Form 20-F for the year ended December 31, 2008. Other than as required by applicable law, sanofi-aventis does not undertake any obligation to update or revise any forward-looking information or statements.
Forward Looking Statement - Regeneron Pharmaceuticals, Inc.
This news release discusses historical information and includes forward-looking statements about Regeneron and its products, development programs, finances, and business, all of which involve a number of risks and uncertainties, such as risks associated with preclinical and clinical development of aflibercept, determinations by regulatory and administrative governmental authorities which may delay or restrict Regeneron's ability to continue to develop or commercialize aflibercept, competing drugs that may be superior to aflibercept, uncertainty of market acceptance of aflibercept, the potential for any collaboration agreement, including Regeneron's agreements with the sanofi-aventis Group and Bayer HealthCare, to be canceled or to terminate without any product success, risks associated with third party intellectual property, and other material risks. A more complete description of these and other material risks can be found in Regeneron's filings with the United States Securities and Exchange Commission (SEC), including its Form 10-K for the year ended December 31, 2008 and Form 10-Q for the quarter ending June 30, 2009. Regeneron does not undertake any obligation to update publicly any forward-looking statement, whether as a result of new information, future events, or otherwise unless required by law.
Contacts
Regeneron:
Peter Dworkin
Investor Relations
914.345.7640
peter.dworkin@regeneron.com
or
Laura Lindsay
Media Relations
914.345.7800
laura.lindsay@regeneron.com
sanofi-aventis:
Sebastien Martel
Investor Relations
+33 1 53 77 45 43
sebastien.martel@sanofi-aventis.com
or
Salah Mahyaoui
Media Relations
+33 1 53 77 40 31
salah.mahyaoui@sanofi-aventis.com
Regeneron Pharmaceuticals, Inc.; sanofi-aventis
CONTACT: Peter Dworkin, Investor Relations, +1-914-345-7640, peter.dworkin@regeneron.com, or Laura Lindsay, Media Relations, +1-914-345-7800, laura.lindsay@regeneron.com, both of Regeneron; or Sebastien Martel, Investor Relations, +33-1-53-77-45-43, sebastien.martel@sanofi-aventis.com, or Salah Mahyaoui, Media Relations, +33-1-53-77-40-31, salah.mahyaoui@sanofi-aventis.com, both of sanofi-aventis
Web Site: http://www.regeneron.com/
Vail Resorts Names Paul G. Toner Senior Vice President & Chief Operating Officer of RockResorts and Vail Resorts Hospitality
BROOMFIELD, Colo., Sept. 11 /PRNewswire-FirstCall/ -- Vail Resorts, Inc. today announced that Paul G. Toner has been promoted to Senior Vice President and Chief Operating Officer of RockResorts and Vail Resorts Hospitality. Toner will oversee and direct the Company's lodging and hospitality division which currently encompasses approximately 3,800 owned and managed hotel and condominium rooms, including the RockResorts collection of casually elegant resort hotels and spas, six independently flagged and Company-owned hotels, Grand Teton Lodge Company in Grand Teton National Park, Colorado Mountain Express transportation company and six Company-owned resort golf courses. Toner's new position is effective immediately and he will report directly to Vail Resorts Chairman and Chief Executive Officer Rob Katz in the Company's corporate headquarters in Broomfield, Colo.
"Paul brings extensive hospitality experience from both national and international arenas and an intimate knowledge of our lodging and resort assets having spent the past 18 months overseeing all sales and marketing efforts for our Company's hospitality division. Paul has a deep understanding of how to drive both guest service and profitability in the hospitality business, from which our Company has already had the good fortune to benefit. Paul has demonstrated leadership on key initiatives within our hospitality division, particularly in helping to drive revenue during the very challenging environment over the past year. I am confident that his experience with all aspects of our lodging operations will help continue to drive performance and growth for the hospitality division of our Company," said Rob Katz, chairman and chief executive officer of Vail Resorts.
Toner has 25 years of hospitality experience with luxury resort hotels in the U.S. and Asia. Since 2008, he has been vice president of sales and marketing for RockResorts and Vail Resorts Hospitality. Prior to joining the Company, Toner was vice president of sales and marketing from 2005-2008 for the Marriott Hong Kong Regional Office, where he was responsible for driving revenue for the company's more than 100 hotels and resorts. He was area director of marketing for the Marriott's Pacific Islands Regional Office in Honolulu, Hawaii from 2002-2005 and among his many responsibilities, he helped to facilitate the development of new properties, increase guest satisfaction across all properties and improve financial performance. From 1985-2002, Toner held various sales and marketing positions within the Marriott Company, including sales manager for the Key Bridge Marriott in Arlington, Va.; director of sales for the Boston Long Wharf Marriott in Boston, Mass.; director of sales for the Maui Marriott in Hawaii; director of association sales for the Orlando World Center Marriott in Florida; and area director of marketing for the Kauai Marriott Resort and Beach Club in Hawaii. He also spent two years, from 1992-1994, serving as director of sales and marketing first for the Hyatt Regency Kauai and then the Hyatt Regency Maui in the Hawaiian Islands.
Toner earned a bachelor's of science degree from Saint Joseph's University in Philadelphia, Penn. He is an outdoor enthusiast who enjoys skiing, cycling, hiking and competing in triathlons, as well as traveling the globe. He has a wife, Mara, and three daughters.
About RockResorts
RockResorts, a wholly owned subsidiary of Vail Resorts, owns and operates luxury resort hotels that offer casually elegant accommodations, lavish RockResorts Spas, renowned golf courses, award-winning dining and a variety of exciting outdoor adventures. The RockResorts collection includes The Arrabelle at Vail Square and The Lodge at Vail in Vail, Colo.; Hotel Jerome in Aspen, Colo.; The Osprey at Beaver Creek and The Pines Lodge in Beaver Creek, Colo.; La Posada de Santa Fe Resort & Spa in Santa Fe, N.M.; Snake River Lodge & Spa in Jackson Hole, Wyo.; and The Landings St. Lucia, Rodney Bay, St. Lucia. Future RockResorts include: Tempo Miami in Miami, Fla. (scheduled to open in 2010); Balcones Del Atlantico, Dominican Republic (scheduled to open in 2010); One Ski Hill Place in Breckenridge, Colo. (scheduled to open in 2010); The Mansfield Inn at Stowe in Stowe, Vt. (scheduled to open in winter 2011/2012); Rum Cay Resort Marina, The Bahamas (scheduled to open in 2012); and the Third Turtle Club & Spa, Turks and Caicos (scheduled to open in 2013).
About Vail Resorts
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resort properties of Vail, Beaver Creek, Breckenridge and Keystone mountain resorts in Colorado, the Heavenly Ski Resort in the Lake Tahoe area of California and Nevada, and the Grand Teton Lodge Company in Jackson Hole, Wyo. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties across the United States and the Caribbean. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange . The Vail Resorts company website is http://www.vailresorts.com/ and consumer website is http://www.snow.com/.
Vail Resorts, Inc.
CONTACT: Investor Relations, Michelle Lang, +1-303-404-1819, mlang@vailresorts.com, or Media Relations, Kathryn Wohlschlaeger, +1-303-404-1862, kwohlschlaeger@vailresorts.com, both of Vail Resorts, Inc.
Web Site: http://www.vailresorts.com/ http://www.snow.com/
United American Healthcare Corporation Announces Release Date for Fiscal 2009 Fourth Quarter and Full Year Results
DETROIT, Sept. 11 /PRNewswire-FirstCall/ -- United American Healthcare Corporation today announced it will release its financial results for the fourth fiscal quarter and full year ended June 30, 2009 on Thursday, September 24, 2009, after market close. The Company expects to file its Form 10-K for the period ended June 30, 2009 with the Securities Exchange Commission (SEC) on a timely basis in compliance with applicable regulations. In addition, the Company announced that it would not host an investor conference call for the fourth quarter and full year results in an effort to reduce costs and conserve resources.
About United American Healthcare Corporation
United American Healthcare Corporation (UAHC) is a full-service healthcare management company that has pioneered the delivery of healthcare services to Medicaid recipients since 1985. UAHC owns and manages UAHC Health Plan, which is based in western Tennessee and includes the Memphis market. For more information, please visit the Company's web site at http://www.uahc.com/.
United American Healthcare Corporation Safe Harbor Statement
Forward-looking statements by United American Healthcare Corporation, including those in this announcement, involve known and unknown risks, which may cause actual results and corporate developments to differ materially from those expected. Factors that could cause results and developments to differ materially from expectations include, without limitation, the ongoing U.S. recession, the termination of the TennCare contract, the review of strategic alternatives, ongoing litigation, the existing global credit and financial crisis and other changes in general economic conditions, the effects of state and federal regulations, the effects of acquisitions and divestitures, and other risks described from time to time in each of United American Healthcare's SEC reports, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and reports on Form 8-K.
United American Healthcare Corporation
CONTACT: Anita Davis, CFO, United American Healthcare Corporation, +1-313-393-4571, investor_relations@uahc.com ; or Investor Relations, Jeff Tryka, CFA, Lambert, Edwards & Associates, +1-616-233-0500, jtryka@lambert-edwards.com
Web Site: http://www.uahc.com/
China GrenTech Announces Changes to its Board of Directors
SHENZHEN, China, Sept. 11 /PRNewswire-Asia-FirstCall/ -- China GrenTech Corporation Limited (Nasdaq: GRRF, "the Company", or "GrenTech"), a leading China-based radio frequency ("RF") technology and product developer and a leading wireless coverage product and service provider, today announced the resignation from the Board of Directors (the "Board"), effective September 21, 2009, of Mr. Liping Mao for personal reasons, following his earlier resignation from his position as a Vice President (responsible for overseeing sales and marketing) of the Company on June 30, 2009. Concurrently, the Company is pleased to announce the appointment of Mr. Qi Wang to the Board, effective September 21, 2009. Mr. Wang currently serves as a Vice President of the Company, responsible for base station RF business operations.
Mr. Yingjie Gao, Chairman and Chief Executive Officer, said, "We welcome Mr. Wang to the Board. Mr. Wang has been an integral part of our senior management team since the inception of GrenTech. With over 20 years' experience in management, Mr. Wang is well-regarded in the industry and by his colleagues at GrenTech. In his new capacity as a Director, we expect Mr. Wang to further fuel GrenTech's growth going forward. In addition, we would like to express our appreciation to Mr. Mao for his contributions as the member of the Board."
Mr. Wang said, "I am very pleased to serve as a member of the Board of GrenTech. The base station RF business is a key growth driver of the Company, along with the wireless coverage business. As 3G network construction continues, demand for base station RF products has shown encouraging signs for our future prospects. In my new position, I will commit to capturing the tremendous opportunities that are available in order to drive growth and create sustainable value for our shareholders."
About China GrenTech
GrenTech is a leading developer of radio frequency ("RF") technology in China and a leading provider of wireless coverage products and services in China. The Company uses RF technology to design and manufacture wireless coverage products, which enable telecommunication operators to expand the reach of their wireless communication networks to indoor and outdoor areas, such as buildings, highways, railways, tunnels and remote regions. GrenTech's wireless coverage services include design, installation and project warranty services. The Company also tailors the design and configuration of its wireless coverage products to the specific requirements of its customers.
Based on its in-house RF technology platform, the Company also develops and produces base station RF parts and components sold to base station manufacturers. GrenTech is a qualified supplier of RF parts and components to the global and domestic major base station manufacturers including Huawei Technologies and ZTE Corporation. For more information, please visit http://www.grentech.com.cn/ .
Forward-Looking Statements
Statements contained in this press release that are not historical facts are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including financial projections and forecasts, involve risks and uncertainties that could cause the Company's actual results to differ materially from its current expectations. Factors that could cause the Company's results to differ materially from those set forth in these forward-looking statements include: the Company's reliance on business relationships with the Chinese telecommunication operators and base station manufacturers; the ability of the Company to avoid disruption to its business caused by changes in the Board; the ability of the Company to recruit and retain suitable Board members; the risk that the Company will continue to experience downward pressure on the pricing of its products and services due to the telecommunication operators' bidding policies or other factors; the risk that the telecommunication operators in China will not expand or maintain their spending on 2G, 3G, WLAN or other network projects; uncertainty as to the future demand for base station RF products by domestic or international base station manufacturers, including the risk that demand in China or elsewhere for base stations may not grow as the Company's management anticipates; and uncertainty as to the Company's ability to attract and retain qualified executives and personnel, particularly in its research and development department. Other factors that may causes the Company's actual results to differ from those set forth in the forward-looking statements contained in this press release and that may affect its prospects in general are described in the Company's filings with the Securities and Exchange Commission, including its Registration Statement on Form F-1 related to its initial public offering and its annual reports on Form 20-F. The Company undertakes no obligation to update or revise forward-looking statements to reflect subsequent events or changed assumptions or circumstances.
For more information, please contact:
Investor Contact:
Kent Lo, Investor Relations Manager
China GrenTech Corp Ltd.
Tel: +86-755-2650-3007
Email: investor@grentech.com.cn
Investor Relations (US):
Delia Cannan
Taylor Rafferty
Tel: +1-212-889-4350
Email: GrenTech@Taylor-Rafferty.com
Investor Relations (HK):
Ruby Yim
Taylor Rafferty
Tel: +852-3196-3712
Email: GrenTech@Taylor-Rafferty.com
Media Contact:
Jason Marshall
Taylor Rafferty
Tel: +1-212-889-4350
Email: GrenTech@Taylor-Rafferty.com
China GrenTech Corporation Limited
CONTACT: Investor Contact - Kent Lo, Investor Relations Manager of China GrenTech Corp Ltd., +86-755-2650-3007, or investor@grentech.com.cn; Investor Relations (HK) - Ruby Yim of Taylor Rafferty, +852-3196-3712, or GrenTech@Taylor-Rafferty.com; Investor Relations (US) - Delia Cannan of Taylor Rafferty, +1-212-889-4350, or GrenTech@Taylor-Rafferty.com; Media Contact - Jason Marshall of Taylor Rafferty, +1-212-889-4350, or GrenTech@Taylor-Rafferty.com
Web Site: http://www.grentech.com.cn/
ActionView International, Inc. Targets Native American Gaming Facilities as Venues for Future MatchFights EventsCompany director and 3-time world boxing champion Tony 'The Tiger' Lopez will pursue contacts with Indian casinos across the U.S.
MURRIETA, Calif., Sept. 11 /PRNewswire-FirstCall/ -- ActionView International, Inc. (Pink Sheets: AVEW) and its wholly owned MatchFights, LLC subsidiary today announced that Native American gaming casinos are being targeted as venues for upcoming events delivered by MatchFights and its BKB Fight Club property.
ActionView Director Tony "The Tiger" Lopez, a 3-time world boxing champion, has, since his retirement from the ring, re-entered the fight world as a promoter. Mr. Lopez has established relationships with Indian casinos and intends to pursue similar facilities around the United States for future BKB Fight Club events. The premier MatchFights event has been scheduled for September 25, 2009. The company expects to announce the venue for the first event in the coming days.
"While we prepare for the first live MatchFights event on September 25th, we are already planning even bigger and better events to follow," said Mr. Lopez. "There are a variety of potential venues available for these events, but one avenue that we are already pursuing is Indian casinos, which can be found across the United States. From my experience in boxing and promoting boxing events, I already have some Indian casino contacts and am following up with several others. I expect that we will secure this type of venue for future MatchFights events, which will be announced as they are scheduled.
"These casinos have first rate facilities and the capacity to hold very large crowds. While our primary focus as a company is to have a large pay-per-view audience to drive revenues, a packed arena with an energized crowd will only add to the excitement and increase the popularity of the live events.
"As we move forward with our efforts to stage high quality events and present a product that is attractive to worldwide audiences, I will play an active role in the promotion and marketing of MatchFights and BKB Fight Club. Our product is unique in that it provides the first truly interactive fight experience for the fans--where they get to select the matchups and then, ultimately, they pick the winner. By then also opening the contest up to all different fighting styles, not just MMA, we expect to appeal to a much wider audience. I believe that there is definitely a large audience globally for this type of entertainment. The key will be to actively and effectively promote the company at every opportunity and securing the best venues will help us to draw the most possible attention for upcoming events."
The company encourages shareholders and anyone interested in following the progress of ActionView International and its wholly owned MatchFights, LLC subsidiary to subscribe to the mailing list at http://www.matchfights.com/ .
About ActionView International, Inc.
ActionView International has completed its acquisition of MatchFights, LLC, which is now the focus of the company's operations. MatchFights, LLC and its BKB Fight Club property deliver live, high definition, pay-per-view events, including no-holds-barred full contact fights, in an interactive venue over the Internet to a global audience. MatchFights intends to sanction events and ultimately create full contact champions that are recognized worldwide. The live events will have broad appeal and include elements of fighting, music, ring girl contests, and other live entertainment as part of the broadcast. The premier BKB Fight Club event will take place on September 25, 2009. For additional information about MatchFights and its BKB Fight Club, please visit http://www.matchfights.com/ or http://www.bkbfightclub.com/.
Forward-Looking Statements
This release contains 'forward-looking statements' within the meaning of the Securities Exchange Act of 1934. 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 on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
Contact:
Gemini Financial Communications, Inc.
Investor Relations
888-528-0883
media@matchfights.com
ActionView International, Inc.
CONTACT: Investor Relations, Gemini Financial Communications, Inc., 1-888-528-0883, media@matchfights.com, for ActionView International, Inc.
Web Site: http://www.matchfights.com/
SureWest to Participate in 7th Annual Jefferies Communications Conference 2009
ROSEVILLE, Calif., Sept. 11 /PRNewswire-FirstCall/ -- Leading independent communications holding company SureWest Communications will host individual investor meetings with Steve Oldham, president and CEO, at the 2009 Jefferies Communications Conference in New York on Thursday, September 17, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050908/SFSUREWESTLOGO)
About SureWest
SureWest Communications (http://www.surewest.com/) is one of the nation's leading integrated communications providers and is the bandwidth leader in the markets it serves. Headquartered in Northern California for more than 90 years, the company expanded into the Kansas City region in February 2008 with the acquisition of Everest Broadband, Inc. and offers bundled residential and commercial services that include IP-based digital and high-definition television, high-speed Internet, Voice over IP, and local and long distance telephone. SureWest was the nation's first provider to launch residential HDTV over an IP network and offers one of the nation's fastest symmetrical Internet services with speeds of up to 50 Mbps in each direction on its fiber-to-the-home network.
Contacts: Ron Rogers
Corporate Communications
916-746-3123
r.rogers@surewest.com
Misty Wells
Investor Relations
916-786-1799
m.wells@surewest.com
Photo: http://www.newscom.com/cgi-bin/prnh/20050908/SFSUREWESTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
SureWest Communications
CONTACT: Ron Rogers, Corporate Communications, +1-916-746-3123, r.rogers@surewest.com, or Misty Wells, Investor Relations, +1-916-786-1799, m.wells@surewest.com, both of SureWest Communications
Web Site: http://www.surewest.com/
West to Present at Two Upcoming Investor Conferences
LIONVILLE, Pa., Sept. 11 /PRNewswire-FirstCall/ -- West Pharmaceutical Services, Inc. today announced that Donald E. Morel, Jr., Ph.D., Chairman and Chief Executive Officer, and William Federici, Chief Financial Officer, will attend both CL King's 7th Annual Best Ideas Conference 2009, being held September 16-17, 2009 at the Omni Berkshire Place Hotel in New York City and the UBS Global Life Sciences Conference, being held September 21-23, 2009 at the Grand Hyatt Hotel in New York City.
Dr. Morel and Mr. Federici will present an overview of West's business and outlook at the CL King conference on Thursday, September 17, 2009 from 11:45 AM to 12:10 PM ET; and, at the UBS conference on September 23, 2009 from 11:30 AM to 12:00 PM ET.
A copy of the corporate presentation document as well as a live audio webcast of the presentations will be posted on the investor link of the Company's website at http://www.westpharma.com/.
About West
West is a global manufacturer of components and systems for injectable drug delivery, including stoppers and seals for vials, and closures and disposable components used in syringe, IV and blood collection systems. The Company also provides products with application to the personal care, food and beverage markets. Headquartered in Lionville, Pennsylvania, West supports its partners and customers from 50 locations throughout North America, South America, Europe, Mexico, Japan, Asia and Australia. For more information, visit West at http://www.westpharma.com/.
Contacts: Investors and Financial Media:
West Pharmaceutical Services, Inc. FD
Michael A. Anderson Evan Smith / Matthew Duch
Vice President and Treasurer (212) 850-5600
(610) 594-3345 wst@fd.com
West Pharmaceutical Services, Inc.
CONTACT: West Pharmaceutical Services, Inc., Michael A. Anderson, Vice President and Treasurer, +1-610-594-3345; or Investors and Financial Media: FD, Evan Smith or Matthew Duch, +1-212-850-5600, wst@fd.com
Web Site: http://www.westpharma.com/
The Walt Disney Studios, The Beatles' Apple Corps Ltd., and Oscar(R)-Winning Filmmaker Robert Zemeckis Dive Into New Magical 3D Adaptation of the 1968 Classic Yellow Submarine
ANAHEIM, Calif., Sept. 11 /PRNewswire-FirstCall/ -- The Walt Disney Studios has made a deal with Apple Corps Ltd. to develop a new 3D performance capture adaptation of the 1968 hit animated film "Yellow Submarine" to be written and directed by Robert Zemeckis, it was announced today at the D23 Expo by Dick Cook, chairman, The Walt Disney Studios. The film will be created by ImageMovers Digital, Disney's state-of-the-art performance capture animation studio operated in conjunction with Zemeckis and his partners, Jack Rapke and Steve Starkey, who will serve as producers on the project.
For this fantastic new voyage to Pepperland, Zemeckis will incorporate the 16 Beatles songs and recordings from the original motion picture licensed from Sony/ATV Music Publishing LLC and EMI-Capitol Records, respectively. The songs include "All Together Now," "All You Need Is Love," "Eleanor Rigby," "Lucy in the Sky with Diamonds" and "With A Little Help From My Friends" while combining his unique vision and style to bring this dazzling tale to life.
In making the announcement, Cook said, "This is truly an inspired collaboration, and a wonderful opportunity to revisit one of the most imaginative and memorable musical fantasies of all time. To be working with the amazing folks at Apple Corps, and to have Bob helming the sub is truly as good as it gets. With all those incredible Beatles songs and imagery, the spectacular vision of Bob and his pioneering team at ImageMovers Digital, and a classic adventure full of wit and action, we're sure that moviegoers are going to have a great time on this latest trip to Pepperland."
Zemeckis said, "'Yellow Submarine' is one of the greatest fantasy films of all time, and making this new 3D performance capture movie is a dream come true for me. With the latest advances in technology, we will be able to take moviegoers on a voyage unlike any other, and bring new excitement and dimension to Pepperland and the various sea worlds they encounter. I'm thrilled to be working with the good folks at Apple Corps and our partners at Disney on this epic retelling of one of my all time favorite films."
Jeff Jones, CEO, Apple Corps Ltd., said, "With The Beatles and Walt Disney Studios, we have a partnership between two of the best loved creative entities in the world. We're very excited about the magical fantasy that will result from this collaboration. The marriage of the music of The Beatles with the talent and technical wizardry of Robert Zemeckis and ImageMovers Digital should produce something very special. We look forward to working with Bob and his team on realising his new vision for 'Yellow Submarine'".
The original motion picture (released in the U.S. on November 13, 1968) based on the music of The Beatles was directed by George Dunning and featured the inspired art direction and design of Heinz Edelmann. The movie is set in Pepperland, an undersea paradise inhabited by music lovers who live in peace and harmony and are protected by Sgt. Pepper's Lonely Hearts Club Band. That is... until they are threatened by the music hating Blue Meanies. It's up to John, Paul, George and Ringo to set off on a magical adventure in their yellow submarine and bring music and harmony back to Pepperland.
About The Walt Disney Studios
The Walt Disney Studios is a unit of The Walt Disney Company and produces and distributes motion pictures under the following banners: Walt Disney Pictures (which include live-action movies, animated feature films from Walt Disney Animation Studios and Pixar Animation Studios) as well as Touchstone Pictures, Hollywood Pictures and Miramax Films. Walt Disney Studios Motion Pictures International serves as the Studio's international distribution arm. Walt Disney Studios Home Entertainment distributes Disney and other film titles to the rental and sell-through home entertainment markets. Disney Theatrical Group is among the world's most successful commercial theatre enterprises producing or licensing live entertainment events that reach a global annual audience of more than 20 million people in more than 40 countries, and the Disney Music Group distributes original music and motion picture soundtracks under its three record labels: Walt Disney Records, Hollywood Records and Lyric Street Records.
About Apple Corps. Ltd.
Apple Corps Ltd. was founded by The Beatles in 1968 to look after the group's own affairs. The London-based company has administered the catalogue of The Beatles releases of the 1960s that have sold to date more than 600 million records, tapes and CDs. Since the 1990s Apple has piloted new Beatles projects that have become benchmarks for pioneering accomplishment and which have included The Beatles Anthology projects, the 28 million-selling album The Beatles 1 and the The Beatles LOVE show and CD. Further information on The Beatles' projects can be found at http://www.thebeatles.com/.
The Walt Disney Studios
CONTACT: Heidi Trotta of The Walt Disney Studios, +1-818-560-7280, heidi.trotta@disney.com; or Jeff Jones of Apple Corps Ltd., 0207 761 9601, fax, 0207 225 0661, jeff@applecorpsltd.com
Web Site: http://www.thebeatles.com/
California American Water's H2O - Help to Others Program Provides Assistance With Water BillsLow income customers can save on their monthly bills
SACRAMENTO, Calif., Sept. 11 /PRNewswire/ -- While water service continues to be a tremendous value compared to other utilities - less than a penny a gallon for most in Northern California - some families and fixed-income seniors may struggle to keep up with even modest increases, particularly in this challenging economy. California American Water is reaching out to those customers this month to remind them they can get help with their assistance program for low-income households.
"We want everyone to have access to a safe and reliable supply of water," said general manager Andy Soule. "Our Help to Others program ensures that a basic level of service is available to all, even seniors and families facing financial difficulties."
That is why California American Water is proud of its progressive "H20 - Help to Others" low-income ratepayer assistance program, which is offered to customers throughout our Northern California service areas.
The program offers a bill reduction for qualified low-income customers.
"These are economically challenging times but water is still essential," Soule said. "Our H2O -Help to Others program provides aid to those who need it most."
Eligibility is based on a household income formula that equates to up to approximately 200 percent of the federal poverty level and is determined when a customer fills out and returns a brief application with support information.
Customers who are already enrolled in the Pacific Gas and Electric California Alternative Rates for Energy (CARE) program or the Sacramento Municipal Utility District Energy Assistance Program Rate (EAPR) are automatically eligible.
"Under our program, customers receive a discount of five dollars per month that is applied to their bills," Soule said. "This discount combined with efficient water use can reduce bills by 20 percent or more."
H2O - Help to Others applications are mailed annually to customers as part of their bills. Sacramento area customers will receive a copy of the application in their next bill. In addition, the applications are available at our local office, California American Water community events and online at http://www.californiaamwater.com/
California American Water also offers many water and money saving programs for all its customers, including rebates up to $100 on water efficient appliances.
Customers can also sign up for a Water Wise home water survey, where a company conservation specialist will go out to the residence and conduct a comprehensive water audit for free. The representative will check the property for leaks and other areas of potential water savings and provide the customer with an in-depth report on their water usage in addition to providing tips on things they can do to save water. Customers can visit the website, http://www.californiaamwater.com/ or call our conservation hotline at (916) 568-4201 for more information.
California American Water, a wholly owned subsidiary of American Water , is the largest investor-owned water utility in the state, providing high-quality and
reliable water and/or wastewater services to approximately half a million people. Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada. More information can be found by visiting http://www.amwater.com/.
California American Water
CONTACT: Evan Jacobs of California American Water, +1-916-568-4252, Evan.jacobs@amwater.com
Web Site: http://www.californiaamwater.com/ http://www.amwater.com/
Media advisory: Domtar at the UBS ConferenceTICKER SYMBOL UFS (NYSE, TSX)
MONTREAL, Sept. 11 /PRNewswire-FirstCall/ -- Domtar Corporation (NYSE/TSX: UFS) announced today that Mr. Daniel Buron, Senior Vice-President and Chief Financial Officer, will be presenting at the UBS Global Paper and Forest Products Conference on Tuesday, September 15, 2009 at 9:30 a.m. (ET). Financial analysts, media and other interested individuals are invited to listen to the live webcast on the Domtar corporate website at http://www.domtar.com/en/investors/ircalendar.
--------------------------
About Domtar
Domtar Corporation (NYSE/TSX:UFS) is the largest integrated manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world based on production capacity, and is also a manufacturer of papergrade, fluff and specialty pulp. The Company designs, manufactures, markets and distributes a wide range of business, commercial printing and publishing as well as converting and specialty papers including recognized brands such as Cougar(R), Lynx(R) Opaque, Husky(R) Offset, First Choice(R) and Domtar EarthChoice(R) Office Paper, part of a family of environmentally and socially responsible papers. Domtar owns and operates Domtar Distribution Group, an extensive network of strategically located paper distribution facilities. Domtar also produces lumber and other specialty and industrial wood products. The Company employs nearly 10,500 people. To learn more, visit http://www.domtar.com/.
DOMTAR CORPORATION
CONTACT: Media and Investor Relations: Pascal Boss , Vice-President, Corporate Communications and Investor Relations, (514) 848-5938
California American Water Announces New Payment Location in Imperial BeachCustomers have a new location to pay their water bill
IMPERIAL BEACH, Calif., Sept. 11 /PRNewswire/ -- Customers in California American Water's San Diego service area have a new bill payment location available to them. California American Water customers are now able to make payments at Taking Care of Business located at 1146 13th Street, Suite 101 in the city of Imperial Beach. Taking Care of Business' hours are 9:30am - 7:00pm Monday through Friday and 9:30am - 3:00pm on Saturday.
"We are happy that Taking Care of Business has partnered with us and become a payment center for our customers," says Brian Bruce, San Diego County District Operations Manager. "Taking Care of Business will accept payments by check or cash. We encourage our customers to take advantage of the added convenience this service brings."
In addition to the new payment location, customers can also pay their water bills at California American Water's San Diego County Operations Center in Imperial Beach and in the city of Coronado at the Coronado Mail and Parcel Center.
California American Water's San Diego County Operations Center is located at 1019 Cherry Avenue, Imperial Beach and will accept payments from 8:30am - 4:15pm Monday through Friday. The Coronado Mail and Parcel Center's hours of operation are 8:30am - 5:30pm Monday through Friday and 10:00am - 3:00pm on Saturday and is located at 1033 B Avenue, Suite 101 in the city of Coronado.
Customers can still mail payments to the address on their bill or make a credit card payment over the phone by calling California American Water's 24-hour Customer Service Center at 888-237-1333.
California American Water's San Diego county service district includes approximately 21,000 households and businesses, serving a population of about 95,000 people in the cities of Coronado, Imperial Beach, and portions of South San Diego and Chula Vista.
California American Water, a wholly owned subsidiary of American Water , is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to more than 600,000 people.
Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7,000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 15 million people in 32 states and Ontario, Canada. More information can be found by visiting http://www.amwater.com/.
California American Water
CONTACT: Brian A. Barreto of California American Water, +1-626-614-2542, Mobile, +1-626-388-7484, Brian.Barreto@amwater.com
Web Site: http://www.californiaamwater.com/ http://www.amwater.com/
Disney Teams Up With Acclaimed Filmmaker Guillermo del Toro to Create Animated Features With Chills and Thrills Under the New Label 'Disney Double Dare You'
ANAHEIM, Calif., Sept. 11 /PRNewswire-FirstCall/ -- The Walt Disney Studios, in collaboration with acclaimed filmmaker Guillermo del Toro ("Pan's Labyrinth," "The Hobbit"), is launching a new production label called Disney Double Dare You (DDY), to create new animated films full of chills and thrills for audiences of all ages, it was announced today at the D23 Expo by Dick Cook, chairman of The Walt Disney Studios. All films will be produced under the guidance of del Toro, who originated the concept and the design of DDY and who will also direct certain projects. The first project in development for the new label is called "Trollhunters," an original del Toro story which he will produce.
Commenting on the announcement, Cook said, "Guillermo is a brilliant and visionary filmmaker, and we're excited to be launching this new label with him. His knowledge and appreciation for Disney films, along with his penchant for creating worlds of fantasy, presented a great opportunity for us to explore a whole new genre of filmmaking for moviegoers of all ages. We have admired Guillermo's imaginative approach to filmmaking for some time, and now we're proud to be working with him to create films full of imaginative delights and lots of thrills at the same time."
Del Toro added, "As a director, I love to take audiences into fantastic new worlds and provide them with some anxious moments in the process. It is part of the Disney canon to create thrilling, unforgettable moments and villains in all their classic films. It is my privilege for DDY to continue in this tradition. To partner up with The Walt Disney Studios, with the support of Dick Cook and John Lasseter, is to belong to a storytelling partnership that I admire deeply. It is a true honor. I look forward to coming up with fresh and original stories that will take Disney films in a whole new direction. The emphasis is on fun, and we have some great ideas already on the storyboards."
Del Toro's "Pan's Labyrinth" received six Academy Award nominations in 2007, including one for his original screenplay, and went on to win three awards. That film also received a BAFTA Award for Best Film not in the English Language. His other directing credits include "Hellboy," "Hellboy II: The Golden Army," "The Devil's Backbone," "Cronos," and "Mimic," among others. Del Toro is currently directing back-to-back feature film adaptations of the Tolkien classic, "The Hobbit," for release in 2011 and 2012.
Walt Disney Studios
CONTACT: Heidi Trotta of The Walt Disney Studios, +1-818-560-7280, Heidi.trotta@disney.com; or Gary Ungar, +1-310-573-1523, Exile_ent@yahoo.com, of Exile Entertainment for Guillermo del Toro
Global Crossing Prices Private Offering of $750 Million of Its 12% Senior Secured Notes Due 2015
FLORHAM PARK, N.J., Sept. 11 /PRNewswire-FirstCall/ -- Global Crossing Limited announced today the pricing of a private placement of $750 million in aggregate principal amount of its 12% senior secured notes due 2015 at an issue price of 97.944%. The transaction was increased by $100 million above the amount previously announced. The senior secured notes will be sold to qualified institutional buyers in accordance with Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The offering is expected to settle on September 22, 2009, subject to customary closing conditions.
Global Crossing intends to use the proceeds of the offering to refinance its existing term loan facility, to fund the purchase of senior notes issued by GC Impsat Holdings I Plc and to provide capital for general corporate purposes.
The senior secured notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
This press release, issued pursuant to Rule 135c under the Securities Act, shall not constitute an offer to sell or the solicitation of an offer to buy the senior secured notes, nor shall there be any sale of the senior secured notes in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Statements in this press release about expected future events are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
IR/PR1
CONTACT GLOBAL CROSSING:
Press Contacts
Michael Schneider
+ 1 973 937 0146
Michael.Schneider@globalcrossing.com
Analysts/Investors Contact
Mark Gottlieb
+ 1 800 836 0342
glbc@globalcrossing.com
Antonio Suarez
+1 973 937 0233
Antonio.Suarez@globalcrossing.com
Global Crossing Limited
CONTACT: Press, Michael Schneider, +1-973-937-0146, Michael.Schneider@globalcrossing.com; Analysts/Investors, Mark Gottlieb, +1-800-836-0342, glbc@globalcrossing.com, or Antonio Suarez, +1-973-937-0233, Antonio.Suarez@globalcrossing.com, all of Global Crossing
Bangkok Hospital Group and IBM Collaborate on Smarter Healthcare Initiative
BANGKOK, Sept. 11 /PRNewswire-FirstCall/ -- Bangkok Hospital Group is working with IBM to enhance its patient care services to provide smarter healthcare in Thailand. Delivering on its commitment to provide the highest quality, internationally-accepted standards of medical services, Bangkok Hospital Group continues to invest in best-in-class information technology.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
Bangkok Hospital Group launched a project to integrate and centralize its electronic medical records with IBM Power(TM) Systems in an effort to improve services by providing the most convenient and effective care. The new system will manage and interconnect the medical records to other hospitals in the network, offering patients a 'one-stop' registration, along with quicker and more convenient services.
In addition to improved efficiency in patient records and tracking, the group of hospitals will also upgrade its financial and business management system with IBM Cognos TM1, which provides intelligent financial analytics capabilities. The software will connect hospital data and analyze statistics to help executives make precise investment decisions that will truly meet patients' needs.
Dr. Chatree Duangnet, Chief Executive Officer of Bangkok Hospital Medical Center said, "Throughout our 37 years of operation we have sought to provide medical services that match the highest international standards, employing the most appropriate and up-to-date practices and technology in all fields of medicine. With IBM, we are able to offer an effective treatment analysis faster than before, and with more convenient services. The systematic and integrated data system will be of great benefit for medical research, paving the way for Bangkok Hospital Group to set a new standard of Smarter Healthcare in Thailand."
Veerasak Kritsanapraphan, Chief Information Executive, Bangkok Hospital Group added, "The IT development projects with IBM greatly benefits both patients and doctors. From now on patients of Bangkok Hospital and 17 other centers in the group can experience a single, hassle-free registration process, while doctors can instantly track patient medical history. To support our business expansion, we also adopted IBM software to help the hospital improve its financial performance management with 'what-if' modeling capabilities for more effective business planning. This technology will help executives meet clients' needs and bring greater returns."
According to Thanwa Laohasiriwong, Country General Manager, IBM Thailand Co., Ltd., "Bangkok Hospital Group is a great example of an organization applying IT systems for service excellence and effective management. In a business which is all about making people feel confident of the treatment they are receiving, our technology and innovation, together with our highly experienced and skillful support team will help Bangkok Hospital Group achieving its future business goals."
IBM works with clients around the world to create smarter healthcare systems. This includes better integrated data so doctors, patients and insurers can share information seamlessly and efficiently; moving away from paper records in order to reduce medical errors and improve efficiencies; and applying advanced analytics to vast amounts of data to improve medical research, diagnosis and treatment.
About Bangkok Hospital Group
Bangkok Hospital Group, under the management of Bangkok Dusit Vejchakarn Public Company Limited, has been a major private hospital group operating under 'Bangkok Hospital' name since 1972. The group provides full medical services to Thai and international patients from 17 centers throughout the country including Bangkok Hospital, Samitivej Hospital and Bangkok Nursing Home (BNH). The group has invested in IT development projects and has received the ISO 9002 & 9001:2000 accreditation and Hospital Accreditation by the Ministry of Public Health of Thailand.
Bangkok Hospital itself has been granted the accreditation for international quality healthcare services and management system, quality and safety control, high standard management and Disease-Specific Care Certifications from the Joint Commission International (JCI), the world's largest accreditor of health care organizations in the United States. The group also received the accreditation from the Telemedicine for the Mobile Society (TEMOS), the network for quality in medical care in Germany. Bangkok Hospital Group has invested in the medical care through multidisciplinary teams of highly trained specialists and high technology diagnostic and treatment facilities. With the continuous development, the group is ranked as the top medical service provider in Southeast Asia.
For more information about Bangkok Hospital Group, visit http://www.bangkokhospital.com/ or call the contact center at 1719.
About IBM
For more information about IBM, visit: http://www.ibm.com/think
To see a video on smarter healthcare go to http://tinyurl.com/cdqjuo
Media Contact:
Holli Haswell
512-590-8879
hhaswell@us.ibm.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO
IBM
CONTACT: Holli Haswell of IBM, +1-512-590-8879, hhaswell@us.ibm.com
Web Site: http://www.ibm.com/think
U.S. Food and Drug Administration Clears Vermillion's OVA1(TM) Test to Determine Likelihood of Ovarian Cancer in Women with Pelvic MassFirst lab test that can indicate ovarian cancer prior to biopsy or exploratory surgery
MADISON, N.J. and FREMONT, Calif., Sept. 11 /PRNewswire-FirstCall/ -- The U.S. Food and Drug Administration (FDA) today cleared the OVA1(TM) Test, the first blood test that, prior to surgery, can help physicians determine if a woman is at risk for a malignant pelvic mass. OVA1 is the first FDA-cleared laboratory test that can indicate the likelihood of ovarian cancer with high sensitivity prior to biopsy or exploratory surgery, even if radiological test results fail to indicate malignancy. The test was developed by Vermillion, Inc. , a molecular diagnostics company, in cooperation with Quest Diagnostics , the world's leading provider of cancer diagnostics. Quest Diagnostics, which is a long-time investor in research and development of the OVA1 technology, has exclusive rights to offer the test to the clinical reference laboratory market in the U.S. for three years.
"When combined with other clinical information, the OVA1 biomarker panel can help assess the likelihood of malignancy of an ovarian tumor before surgery and facilitate decisions about referral to a gynecologic oncologist," said Frederick R. Ueland, M.D., principal investigator of the prospective, multi-center OVA1 clinical trial. Dr. Ueland is an associate professor gynecologic oncology at the University of Kentucky's Markey Cancer Center.
The OVA1 Test is an in vitro diagnostic multivariate index (IVDMIA) test that combines the results of five immunoassays using a proprietary unique algorithm to produce a single numerical score indicating a women's likelihood of malignancy. The OVA1 Test provides a new option in the pre-operative evaluation to help physicians assess if a pelvic mass is benign or malignant in order to help determine whether to refer a woman to a gynecologic oncologist for surgery. Numerous clinical practice guidelines recommend that women with ovarian cancer be under the care of a gynecologic oncologist. However, only an estimated one third of women who undergo surgery for possible ovarian cancer are referred to these specialist surgeons for their surgery.(1)
Vermillion received the Society for Gynecologic Oncologists (SGO) Basic Science Poster Award for an abstract on the performance of its OVA1 Test presented at SGO's 38th Annual Meeting on Women's Cancer in 2007. In reviewing the test application, the FDA evaluated results of a prospective, double-blind clinical trial which included 27 demographically mixed sites representative of institutions where ovarian tumor subjects may undergo a gynecological examination.
"Surgery in the hands of a gynecologic oncologist is usually associated with more favorable patient outcomes," said Jon R. Cohen, M.D., chief medical officer and senior vice president, Quest Diagnostics. "Physicians often do not know if a woman's pelvic mass is malignant or benign until she undergoes surgery. The OVA1 Test is the first FDA-cleared blood test to help clinicians determine whether to refer a woman to a gynecologic oncologist or have a gynecologic oncologist present at the time of surgery. We believe this test will help drive more favorable patient outcomes."
"Unfortunately, advances in ovarian cancer diagnosis and treatment are few and far between. It is fitting that September, Ovarian Cancer Awareness Month, marks FDA's clearance of OVA1, a test that represents an important step forward toward improved outcomes," said Gail S. Page, executive chairperson of the board of directors of Vermillion. "Quest Diagnostics had the foresight to recognize the potential value of this novel multivariate assay and supported its development. We look forward to collaborating to bring this new diagnostic option to the many women who will benefit from specialist care."
The FDA clearance of OVA1 makes Quest Diagnostics the only diagnostic testing company to offer FDA cleared tests for ovarian cancer in the pre- and post-surgical settings. In addition to offering the OVA1 Test, Quest Diagnostics was the first laboratory company to provide a new lab test that the FDA cleared in the third quarter of 2008 as an aid for monitoring for recurrence of epithelial ovarian cancer.
The OVA1 Test will be available for physician use in the fourth quarter of this year.
Ovarian cancer is the leading cause of death from gynecologic cancers in the United States and the fifth-leading cause of cancer deaths in women.(2) Approximately 21,600 new cases of ovarian cancer will be diagnosed in the U.S. in 2009, and approximately 14,600 women will die of the disease.(3)
About the OVA1 Test
The OVA1 Test is a qualitative serum test that combines the results of five immunoassays into a single numerical score. It is indicated for women who meet the following criteria: over age 18, ovarian adnexal mass present for which surgery is planned, and not yet referred to an oncologist. The test utilizes five well-established biomarkers --- Transthyretin (TT or prealbumin), Apolipoprotein A-1 (Apo A-1), Beta2-Microglobulin (Beta2M), Transferrin (Tfr) and Cancer Antigen 125 (CA 125 II) --- and a proprietary algorithm to determine the likelihood of malignancy in women with pelvic mass for whom surgery is planned.
The OVA1 Test is an aid to further assess the likelihood that malignancy is present when the physician's independent clinical and radiological evaluation does not indicate malignancy. The test should not be used without an independent clinical/radiological evaluation and is not intended to be a screening test or to determine whether a patient should proceed to surgery. Incorrect use of the OVA1 Test carries the risk of unnecessary testing, surgery, and/or delayed diagnosis.
About Vermillion
Vermillion, Inc. is dedicated to the discovery, development and commercialization of novel high-value diagnostic tests that help physicians diagnose, treat and improve outcomes for patients. Vermillion, along with its prestigious scientific collaborators, has diagnostic programs in oncology, hematology, cardiology and women's health. Vermillion is based in Fremont, California. Additional information about Vermillion can be found on the Web at http://www.vermillion.com/.
About Quest Diagnostics
Quest Diagnostics is the world's leading provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. The company offers the broadest access to diagnostic testing services through its network of laboratories and patient service centers, and provides interpretive consultation through its extensive medical and scientific staff. Quest Diagnostics is a pioneer in developing innovative diagnostic tests and advanced healthcare information technology solutions that help improve patient care. Additional company information is available at http://www.questdiagnostics.com/.
(1) Journal of the National Cancer Institute, Vol. 98, No. 3, February 1, 2006
(2) Greenlee RT, Murray T, Bolden S, Wingo PA. Cancer statistics, 2000. CA Cancer J Clin. 2000;50(1):7-33
(3) 2009 American Cancer Society
OVA1(TM) Test is a trademark of Vermillion Inc.
Quest, Quest Diagnostics, the associated logo, and all associated Quest Diagnostics marks are the registered trademarks of Quest Diagnostics. All third party marks - (R)' and (TM)' - are the property of their respective owners.
Contacts:
Quest Diagnostics:
Media: Wendy Bost 973-520-2800
Investors: Kathleen Valentine 973-520-2900
Vermillion:
Jill Totenberg
The Totenberg Group
Tel: 212 994 7363
jtotenberg@totenberggroup.com
Quest Diagnostics Incorporated; Vermillion
CONTACT: Quest Diagnostics, Media, Wendy Bost, +1-973-520-2800, or Investors, Kathleen Valentine, +1-973-520-2900; or Vermillion, Jill Totenberg, The Totenberg Group, +1-212-994-7363, jtotenberg@totenberggroup.com
Web Site: http://www.questdiagnostics.com/ http://www.vermillion.com/
James Cash to Retire From Microsoft Board of DirectorsHarvard Business School professor and senior associate dean emeritus had served on Microsoft board since 2001.
REDMOND, Wash., Sept. 11 /PRNewswire-FirstCall/ -- Microsoft Corp. today announced that James I. Cash Jr., Ph.D., emeritus James E. Robison professor at the Harvard Business School, has decided not to seek re-election to Microsoft's board of directors at the company's 2009 shareholder meeting.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
Cash, who joined the Microsoft board in May 2001, said that he has enjoyed working with his colleagues on the board, but was stepping down due to increasing pressure on his time from other professional and personal commitments.
"Jim has brought tremendous wisdom and judgment to our board, as well as keen insights into our enterprise business efforts based on his academic work at Harvard," said Steve Ballmer, Microsoft's chief executive officer. "We appreciate all of his contributions and we will certainly miss his leadership and perspective."
"This was a difficult decision. I have tremendous respect for my colleagues on the Microsoft board, and I have enjoyed the work we've done together over the past eight years," Cash said. "Microsoft has a tremendous innovation pipeline coming to market over the next two years, so the company is well-positioned for growth as the economy improves."
With Cash's departure, the Microsoft board will have nine members: Bill Gates, chairman of Microsoft; Steve Ballmer; Dina Dublon, former chief financial officer of JPMorgan Chase; Raymond V. Gilmartin, former chairman, president and chief executive officer of Merck & Co. Inc.; Reed Hastings, founder, chairman and CEO of Netflix Inc.; Maria M. Klawe, president, Harvey Mudd College; David F. Marquardt, general partner at August Capital; Charles H. Noski, former vice chairman of AT&T Corp.; and Dr. Helmut Panke, former chairman of the board of management at BMW AG.
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Financial Analysts and Investors, Bill Koefoed, general manager, Investor Relations of Microsoft Corp., +1-425-706-3703; or Press, Pete Wootton, +1-503-443-7000, peterw@waggeneredstrom.com, or Rapid Response Team, +1-503-443-7070, rrt@waggeneredstrom.com, both of Waggener Edstrom Worldwide, for Microsoft Corp.; or For shareholder and financial information: http://www.microsoft.com/msft
Web Site: http://www.microsoft.com/
Hillman Group Capital Trust Announces Cash Distribution on Trust Preferred Securities
CINCINNATI, Sept. 11 /PRNewswire-FirstCall/ -- The Hillman Companies, Inc. (the "Company" or "Hillman"), - Max W. Hillman, Chief Executive Officer of The Hillman Companies, Inc. announced today that a cash distribution has been declared by Hillman Group Capital Trust for the month of September 2009 in the amount of $.241667 for each Trust Preferred Security (NYSE-Amex: HLM_P). The distribution will be payable September 30, 2009 to holders of record September 22, 2009.
Hillman sells to hardware stores, home centers, pet suppliers, mass merchants, and other retail outlets principally in the U.S., Canada, Mexico, and South America. Their product line includes thousands of small parts such as fasteners and related hardware items, keys, key duplication systems, and identification items, such as tags, letters, numbers and signs. Services offered include design and installation of merchandising systems and maintenance of appropriate in-store inventory levels.
For more information on the Company, please visit our website at http://www.hillmangroup.com/ or
call Investor Relations at (513) 851-4900, ext. 2084
The Hillman Companies, Inc.
CONTACT: Investor Relations at +1-513-851-4900, ext. 2084
Web Site: http://www.hillmangroup.com/
ICO Announces Agreement With Micro Pellets Australia Pty. Ltd.
HOUSTON, Sept. 11 /PRNewswire-FirstCall/ -- ICO, Inc. , global producer of custom polymer powders and plastic film concentrates, today announced an agreement, subject to closing conditions, to acquire certain intangible assets (primarily customer lists and formulations) and assume a production facility lease of Micro Pellets Australia Pty. Ltd., a private company based in Melbourne, Australia that provides products and services to the rotational molding industry in Australia and New Zealand. The Company will also enter into a lease for certain of Micro Pellets' production equipment. The transaction is expected to close by September 30, 2009. The Company plans to relocate its main Australian plant and operations to the leased production facilities. The cost of the intangible assets to be acquired is not significant.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030509/ICOCLOGO)
Derek Bristow, President of ICO's Asia Pacific Division, stated, "Australia is a strong market for the rotational molding business, notwithstanding the recent volatility. We believe that the region will be a prosperous market for our products and services for years to come. The Micro Pellets plant, which is much larger than our main Australian plant, will have ample space and capacity to serve the rotational molding market and to expand ICO's product offerings, including Bayshore masterbatch from Malaysia for the film and packaging markets."
John Knapp, the Company's Chief Executive Officer and President, added: "The transaction is expected to solidify ICO's position in the rotational molding industry in Australia. We believe that the move to the Micro Pellets facility will make ICO the most efficient and effective rotational molding powder producer in the region, and we are very excited about the Company's growth opportunities resulting from the move to the new facility. We expect that the additional volume to our current business will increase our operating leverage and profitability in Australia."
For the nine months ended June 30, 2009, the Company's Australian business, excluding the non-cash goodwill impairment charge taken in the second quarter of fiscal year 2009, has lost $1.3 million. The transaction could add approximately 5,000 metric tons per year of additional business volumes and $11.0 million of revenues per year, and is expected to improve the profitability of the business.
About ICO, Inc.
With 20 locations in 9 countries, ICO produces custom polymer powders for rotational molding and other polymer related businesses, such as the textile, metal coating and masterbatch markets. ICO remains an industry leader in size reduction, compounding and other tolling services for plastic and non-plastic materials. ICO's Bayshore Industrial subsidiary produces specialty compounds, concentrates and additives primarily for the plastic film industry. Additional information about ICO, Inc. can be found on the Company's website at http://www.icopolymers.com/. Contact: CFO - Bradley T. Leuschner at 713-351-4100.
Certain matters discussed in this press release are "forward-looking statements," involving certain risks, uncertainties, and assumptions, intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. The Company's statements regarding trends in the marketplace, potential future results, and any proposed transaction and its timing and effects are examples of such forward-looking statements. The following is a non-exclusive list of risks and uncertainties, and circumstances that present risks, that could cause the forward-looking statements to become untrue or otherwise affect the outcome thereof: failure to close the referenced transaction on the terms currently contemplated; failure to integrate the combined operations referenced herein and realize expected operating efficiencies and expanded product offerings; restrictions imposed by the Company's outstanding indebtedness; changes in the cost and availability of resins (polymers) and other raw materials; changes in demand for the Company's services and products; business cycles and other industry conditions; general economic conditions; international risks; operational risks; currency translation risks; the Company's lack of asset diversification; the Company's ability to manage global inventory, develop technology and proprietary know-how, and attract and retain key personnel; as well as other factors detailed in the Company's form 10-K for the fiscal year ended September 30, 2008 and its other filings with the Securities and Exchange Commission.
Should one or more of such risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. Any forward-looking statements are made only as of the date of this press release, and the Company undertakes no obligation to publicly update any such forward-looking statements to reflect subsequent events or circumstances.
Photo: http://www.newscom.com/cgi-bin/prnh/20030509/ICOCLOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
ICO, Inc.
CONTACT: Bradley T. Leuschner, CFO of ICO, Inc., +1-713-351-4100
Web Site: http://www.icopolymers.com/
Viacom's First Ever 'Roadblock' Program Scores High MarksGet Schooled: You Have the Right Draws 12.7 million Total Viewers
NEW YORK, Sept. 11 /PRNewswire-FirstCall/ -- Attendance was high for the premiere of Get Schooled: You Have the Right, with 12.7 million viewers (P2+) tuning in on Tuesday, Sept. 8 at 8 p.m. Eastern/Pacific and 7 p.m. Central. In Viacom's first programming roadblock, the 30-minute education documentary aired simultaneously across all of Viacom's cable networks and was the most watched program on cable for the day. Nickelodeon attracted the largest audience segment, drawing 4.3 million viewers, or 35% of the total viewing audience.
Featuring President Barack Obama, pop superstar Kelly Clarkson and 2009 NBA MVP LeBron James, Get Schooled: You Have the Right highlights the education challenges, life choices and breakthroughs experienced by three professionals who provide critical support to these leading figures in politics, entertainment and sports. Get Schooled: You Have the Right aired commercial-free, in partnership with AT&T, Capital One Financial Corporation and NYSE Euronext.
The show aired simultaneously on the following Viacom networks: BET, BET J, CMT, CMT Pure Country, COMEDY CENTRAL, Logo, MTV, MTV Jams, MTV Hits, MTV2, mtvU, Nick at Nite, Nickelodeon, Nicktoons, Noggin, Spike TV, The N/Teen Nick, TV Land, VH1, VH1 Classic and VH1 Soul. The program was subtitled in Spanish on MTV Tr3s. Get Schooled: You have the Right can be seen in its entirety on http://www.getschooled.com/.
Get Schooled: You Have the Right is created and executive produced by MTV's Dave Sirulnick and executive produced and directed by Lauren Lazin. @radical.media is a strategic, creative and production partner of the Get Schooled initiative.
The program marked the launch of "Get Schooled," a five-year national initiative co-developed by the Bill & Melinda Gates Foundation and Viacom that creates a platform for corporate and community stakeholders to address the challenges facing America's public schools.
About Get Schooled
Get Schooled is a national platform that connects, inspires and mobilizes people -- from policymakers and corporate leaders to communities and kids -- to find effective solutions to the problems facing our education system. It provides resources and information, community outreach and creative programming that engage a range of audiences around America's education crisis. Get Schooled's co-developers are the Bill & Melinda Gates Foundation and Viacom, including BET Networks, MTV Networks and Paramount Pictures. The initiative combines the Foundation's deep knowledge of education reform with the power of Viacom's diverse brands to raise awareness about the challenges facing America's public education system.
To find out more about Get Schooled, visit http://www.getschooled.com/.
About Viacom
Viacom , consisting of BET Networks, MTV Networks and Paramount Pictures, is the world's leading entertainment content company. It engages audiences on television, motion picture and digital platforms through many of the world's best known entertainment brands, including MTV, VH1, CMT, Logo, Nickelodeon, Nick at Nite, Noggin, COMEDY CENTRAL, Spike TV, TV Land, BET, Rock Band, AddictingGames, Atom, Neopets, Shockwave and Paramount Pictures. Viacom's global reach includes approximately 170 channels and 400 online properties in 163 countries and territories.
For more information about Viacom and its businesses, visit http://www.viacom.com/.
Source: Nielsen Media Research, Nationally Rated Networks; Live+Same Day, 9/08/09
Viacom
CONTACT: Kelly McAndrew, +1-212-846-7455, Kelly.mcandrew@viacom.com, or Jeremy Zweig, +1-212-846-7503, Jeremy.zweig@viacom.com, both of Viacom
Web Site: http://www.viacom.com/
International Absorbents Announces Second Quarter and Six Months Results
FERNDALE, Wash., Sept. 11 /PRNewswire-FirstCall/ -- International Absorbents Inc. , a leading developer and producer of environmentally-friendly pet care and industrial products, today reported financial results for the second quarter and six months ended July 31, 2009.
Sales for the second quarter of fiscal year 2010 were slightly down at $9,256,000 versus $9,298,000 for the second quarter of fiscal year 2009. Sales for the first six months of fiscal year 2010 were $17,736,000 versus $17,759,000 for the first six months of fiscal year 2009.
Gross profit for the second quarter of fiscal year 2010 was $3,380,000 compared to $2,802,000 for the comparable quarter in fiscal year 2009, an increase of 21%. Gross profit for the first six months of fiscal year 2010 was $6,496,000 compared to $5,312,000 for the comparable period in fiscal year 2009, an increase of 22%.
Net income for the second quarter of fiscal year 2010 was $817,000, an improvement of 45% versus a net income of $562,000 for the second quarter of fiscal year 2009. Net income for the six months of fiscal year 2010 was $1,333,000 versus $905,000 for the comparable period in fiscal year 2009.
Gordon L. Ellis, Chairman of International Absorbents Inc. commented, "As is the case in many other industries, the pet care industry is experiencing a reduction in same store sales throughout most of the sector. To some extent, we have been able to counter this trend by expanding our customer base. The good news is that our margins have improved significantly. With a combination of greater efficiencies and all time low costs for our major inputs, our margins are improved by 21 percent for the quarter, even though we are producing a lower volume of product. We will continue to strive for greater efficiency as we weather the current economic downturn and anticipate being able to maintain a healthy bottom line in the foreseeable future.
We expect to face ongoing sales challenges in the coming quarters as the economy continues to be uncertain and unemployment grows. We are using this opportunity to expand our customer base both within North America and in international markets. Our objective is to be in a strong position with both lean and efficient manufacturing and a broad sales platform to take advantage of the next upturn in the global economy when it arrives."
International Absorbents Inc. develops, manufactures and markets patented and proprietary, cost effective consumer and commercial products derived from recycled, renewable materials. These environmentally safe products outperform conventional products used in a broad range of consumer and industrial applications, including retail/commercial pet bedding and litter, oil and hazardous liquid spill cleanup and control, oil/water filtration, and packaging. Further information is available at http://www.internationalabsorbents.com/.
FINANCIAL HIGHLIGHTS
3 Months Ended 6 Months Ended
Jul. 31, Jul. 31,
2009 2008 2009 2008
---- ---- ---- ----
Sales, net $9,256,000 $9,298,000 $17,736,000 $17,759,000
Gross profit 3,380,000 2,802,000 6,496,000 5,312,000
Net income before taxes 1,286,000 917,000 2,133,000 1,554,000
Net income 817,000 562,000 1,333,000 905,000
Basic earnings per share 0.13 0.09 0.21 0.14
Weighted average shares
(basic) 6,410,000 6,410,000 6,410,000 6,410,000
As at Jul. 31, As at Jan. 31,
2009 2009
---- ----
Total assets $32,779,000 $31,281,000
Stockholders' equity 21,945,000 20,386,000
Contact:
Charles (Chuck) Tait
International Absorbents Inc.
Toll Free: 866-514-6559 or 604-681-6181
info@internationalabsorbents.com
A number of the matters and subject areas discussed in this press release that are not historical or current facts deal with potential future circumstances and developments, including without limitation, statements referring to the potential impact on the Company of the economic downturn; the Company's ability to expand its customer base, reduce costs, increase efficiencies, enter into new markets, introduce new products, gain market share, improve profitability and execute on its future growth strategies; potential financial results; the capacity of the Company's manufacturing facilities; forecasted benefits from infrastructure improvements; and the Company's competitiveness and profitability as a result of new sales and marketing programs, are forward-looking statements. The words "believe," "expect," "intend," "estimate," "assume" and "anticipate," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. The discussion of such matters and subject areas is qualified by the inherent risks and uncertainties surrounding future expectations generally, and it is important to note that the Company's actual results could differ materially from those projected, due to various risk factors. Those risks include, but are not limited to, the effect on the Company of the ongoing global economic downturn, any potential decrease or change in consumer spending, the potential impact on the Company of any increases in energy and transportation costs; the performance of the Company's manufacturing facilities, competitor reactions and their ability to market and price their products, and the availability of sources of raw materials to meet demand rates necessary to sustain growth. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's reports filed with the SEC, including, but not limited to, the Company's annual report on Form 10-K for the fiscal year ended January 31, 2009 and its quarterly filings on Form 10-Q. This press release speaks only as of its date, and the Company disclaims any duty to update the information herein.
International Absorbents Inc.
CONTACT: Charles (Chuck) Tait of International Absorbents Inc., 1-866-514-6559, or +1-604-681-6181, info@internationalabsorbents.com
Web Site: http://www.internationalabsorbents.com/
John Chapple Resigns From RealNetworks Board to Focus on Other Responsibilities
SEATTLE, Sept. 11 /PRNewswire-FirstCall/ -- Digital entertainment services company RealNetworks announced today that John Chapple has resigned from its Board of Directors in order to focus on other responsibilities.
"Given my other obligations, particularly my position as chairman of the Syracuse University Board of Trustees, I didn't think I could do justice to my role as a director for Real," said Mr. Chapple.
"I was sorry to learn from John that he will be unable to serve as originally planned, but I understand the need for him to fulfill his previous duties," said Rob Glaser, chairman & CEO of Real. "I am pleased that John will continue to be a friend to RealNetworks."
ABOUT REALNETWORKS
RealNetworks, Inc. delivers digital entertainment services to consumers via PC, portable music player, home entertainment system or mobile phone. Real created the streaming media category in 1995 and has continued to lead the market with pioneering products and services, including: RealPlayer, the first mainstream media player to enable one-click downloading and recording of Internet video; the award-winning Rhapsody digital music service, which delivers more than 1 billion songs per year; RealArcade , one of the largest casual games destinations on the Web; and a variety of mobile entertainment services, such as ringback tones, offered to consumers through leading wireless carriers around the world. RealNetworks' corporate information is located at http://www.realnetworks.com/company.
RealNetworks, RealPlayer, Rhapsody and RealArcade are trademarks or registered trademarks of RealNetworks, Inc.
RealNetworks, Inc.
CONTACT: Press, Bill Hankes, +1-206-892-6445, bhankes@real.com, or Investors, Marj Charlier, +1-206-892-6718, mcharlier@real.com, both of RealNetworks, Inc.
Web Site: http://www.realnetworks.com/
MSNBC's 'Morning Joe' to Be Carried on Comcast Hometown Network in California Beginning September 18
ENGLEWOOD CLIFFS, N.J., Sept. 11 /PRNewswire/ -- Comcast digital subscribers in the Golden State will be able to wake up to MSNBC's popular news program, "Morning Joe," every weekday from 6 a.m. - 9 a.m. (PT) on the Comcast Hometown Network (http://comcasthometown.com/ Channel 104), Comcast's regional cable network covering Northern and Central California, beginning September 18, 2009. Currently, "Morning Joe," co-hosted by Joe Scarborough, Mika Brzezinski and Willie Geist, airs throughout California with Comcast on MSNBC at 3 a.m. (PT). The announcement was made today by Mary Murano, Executive Vice President, TV Networks Distribution, NBC Universal.
"Through this unique partnership with Comcast, California subscribers will now be able to tune-in locally to channel 104 for 'Morning Joe's' top political news and in-depth analysis," said Murano.
"We're delighted to add another quality program like 'Morning Joe' to our line-up," said Jeff Giles, Director of Comcast Hometown Network. "This arrangement with our colleagues at MSNBC and NBC Universal allows our California viewers to watch 'Morning Joe' at a more convenient time as they start their weekdays."
MSNBC's "Morning Joe" features interviews with top politicians and newsmakers, as well as in-depth analysis of the day's biggest stories. Co-anchored by Joe Scarborough, Mika Brzezinski, and Willie Geist, "Morning Joe" is MSNBC's critically acclaimed morning political roundtable that has become the morning show of choice for viewers looking to get an insider's take on the news of the day.
About MSNBC
Built on the worldwide resources of NBC News, MSNBC defines news for the next generation with world-class reporting and a full schedule of live news coverage, political analysis and award-winning documentary programming -- 24 hours a day, seven days a week. MSNBC's home on the Internet is msnbc.com. Members of the media can get more information about MSNBC and its programming on msnbc.com or the NBC Universal Media Village Web site at http://www.nbcumv.com/.
About Comcast
Comcast Corporation (http://www.comcast.com/) is the nation's leading provider 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.
About Comcast Hometown Network
Comcast Hometown Network (http://comcasthometown.com/) is a regional cable network produced by Comcast and available in the San Francisco Bay Area and Central California on Digital Channel 104. Available to more than 1.6 million homes in Northern and Central California as a part of Comcast's commitment to the communities that it serves, Comcast Hometown Network is a 24/7 channel that includes original regional programming, Comcast Hometown Sports, and unique local content that you can't get anywhere else.
Comcast
CONTACT: Lauren Skowronski of MSNBC, +1-212-664-2432, Lauren.Skowronski@nbcuni.com; or Bryan Byrd of Comcast, +1-916-515-2821, bryan_byrd@cable.comcast.com
Web Site: http://www.comcast.com/ http://comcasthometown.com/
First American Spatial Solutions Estimates More Than $235 Million In Residential Real Estate Exposed in California's Station Wildfire- Wildfire-Risk Analysis Reveals More Than 85 Percent of Addresses in the Fire's Path Were at an Extremely High Risk for Being Destroyed by Fire -
AUSTIN, Texas, Sept. 11 /PRNewswire-FirstCall/ -- As the Station fire continues to burn in Southern California and insured losses continue to mount, First American Spatial Solutions, a member of The First American Corporation family of companies and a leader in spatial and natural hazard risk solutions, today released its estimated value of residential real estate exposed in the fire area.
First American Spatial Solutions used property information coupled with its ParcelPoint database to estimate that residential real estate valued at more than $235 million has been exposed within the perimeter of the Station Fire. Utilizing property information and valuation data from First American CoreLogic, it is estimated that the current loss of residential structures is valued at more than $40 million.
According to the California Department of Forestry and Fire Protection, more than 160,357 acres have burned in the Station Fire. Prior to the fire, more than 85 percent of the addresses that are now exposed to the fire rated a 70 (on a 100-point scale) or above in First American's wildfire model, which is considered at extremely high risk for being destroyed by fire. First American Spatial Solutions' wildfire model employs several key variables including exact location, vegetation, slope, aspect and proximity to wild lands to determine a property's fire-risk score.
"By analyzing the combined data from First American Spatial Solutions and First American CoreLogic we can accurately locate the properties that were directly in the path of the wildfire and, therefore, at the highest risk for loss," said Howard Botts, vice president and director of database development at First American Spatial Solutions. "When compared to published reports, our wildfire hazard models were able to forecast the potential risk for the homes that were exposed to this fire with a high degree of accuracy. Additionally, using advanced geospatial analytics, our extensive parcel data and valuations from First American CoreLogic, we were able to quickly identify the potential for loss from the fire."
Using the U.S. Geological Survey's fire perimeter, First American Spatial Solutions ran the individual properties within the perimeter through its ParcelPoint database to determine the potential number of properties exposed for the fire. The ParcelPoint database includes digitally converted and normalized parcel information and address points for more than 2,200 counties and townships in the United States accounting for more than 122 million parcels nationwide. Once First American Spatial Solutions determined the total number and location of properties in the path of the fire, it partnered with its sister company, First American Corelogic, to assign the estimated value of the property.
About First American
The First American Corporation is a FORTUNE 500 company that traces its history to 1889. With revenues of approximately $6.2 billion in 2008, it is America's largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people's lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at http://www.firstam.com/.
Media Contacts:
Carrie Gaska
Corporate Communications
The First American Corporation
(714) 250-3298
cgaska@firstam.com
David Rogers
Director of Marketing
First American Spatial Solutions
(512) 977-3600
dbrogers@firstam.com
Investor Contact:
Mark Seaton
Investor Relations
The First American Corporation
(714) 250-4264
mseaton@firstam.com
The First American Corporation
CONTACT: Media, Carrie Gaska, Corporate Communications, +1-714-250-3298 cgaska@firstam.com, or Investors, Mark Seaton, Investor Relations, +1-714-250-4264 mseaton@firstam.com, both of The First American Corporation; or Media, David Rogers, Director of Marketing of First American Spatial Solutions, +1-512-977-3600, dbrogers@firstam.com
Web Site: http://www.firstam.com/
Mullen Group Ltd. dividend policy and declaration of dividend
OKOTOKS, AB, Sept. 11 /PRNewswire-FirstCall/ -- (TSX - MTL) Mullen Group Ltd. ("Mullen Group" and/or the "Corporation") announced today that it has established a dividend policy whereby the Corporation, subject to Board approval, intends to pay dividends to its shareholders on a quarterly basis. The Board has declared a dividend of $0.125 per Common Share payable to the holders of Common Shares of record at the close of business on September 30, 2009. The dividend will be paid on October 15, 2009.
This is the first dividend paid by Mullen Group since its conversion on May 1, 2009 from a trust to a corporation.
For Canadian resident shareholders, this dividend is designated as an "eligible dividend" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.
Mullen Group is a company that owns a network of independently operated businesses. Today the Mullen Group is recognized as the largest provider of specialized transportation and related services to the oil and natural gas industry in western Canada and as one of the leading suppliers of trucking and logistics services in Canada - two sectors of the economy in which Mullen Group has strong business relationships and industry leadership. Mullen Group provides management and financial expertise, technology and systems support to its independent businesses.
Mullen Group is a publicly traded corporation listed on the Toronto Stock Exchange under the symbol "MTL". Additional information is available on our website at http://www.mullen-group.com/.
Mullen Group Ltd.
CONTACT: Mr. Murray K. Mullen - Chairman and Chief Executive Officer, Mr. Stephen H. Lockwood - President and Co-Chief Executive Officer, Mr. David E. Olson - Vice President, Finance and Chief Financial Officer, 121A, 31 Southridge Drive, Okotoks, Alberta, Canada, T1S 2N3, Tel: (403) 995-5200, Fax: (403) 995-5296
GoldSpring Announces Opening of New Corporate Office
RENO, Nev., Sept. 11 /PRNewswire-FirstCall/ -- GoldSpring, Inc. (OTC Bulletin Board: GSPG) announced today that it has opened a new corporate office in Reno, Nevada. The new Reno office positions the company's senior management closer to the nation's top mining industry professionals and strategic vendors. The Reno headquarters is also providing a base for Company executives to meet with investors and joint venture partners and is serving as a strategic headquarters for the Company's Comstock Lode project. The opening of the new corporate office is part of the Company's overall strategy of resuming gold and silver production while simultaneously conducting exploration drilling to expand its known ore body at its Comstock Lode project.
"The creation of a corporate office is an important step in GoldSpring's growth and return to gold and silver production," said Rob Faber, President and CEO. "This move will allow the Company to separate the executive functions from the operational matters. The new office will provide a base to attract top mining industry talent and enhance our productivity by keeping us near to recognized leaders in the mining industry."
This move is the next step in GoldSpring's path toward mine production at the Hartford/Lucerne Complex and further exploration of its gold and silver deposits in the Comstock. The new GoldSpring Corporate Office is located at 5301 Longley Lane, Suite D143, Reno, Nevada 89511.
About GoldSpring, Inc.
GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive land holding in the Comstock Gold-Silver District of Nevada. The Company has defined an initial gold and silver deposit at the Hartford / Lucerne complex and has secured several of the key mining permits required to develop the project. The Company is currently engaged in an aggressive exploration program to define the extent of the Hartford / Lucerne complex, assess other key exploration targets on its large land package and push the project toward production. The high-grade nature of the bulk tonnage Hartford / Lucerne deposit and its favorable configuration has positioned the Company to become a new gold-silver producer in the future.
Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms on this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml
The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by GoldSpring) contains statements that are 'forward-looking,' as defined in Section 21E of the Securities Exchange Act, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, mining capability and potential contracts. Such forward-looking information involves important risks and uncertainties, which include the risk factors disclosed in our most recent filings with the U.S. Securities and Exchange Commission, that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of GoldSpring.
These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. These and other factors, which could cause actual results to differ materially, are discussed in more detail in GoldSpring's filings with the Securities and Exchange Commission. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'should,' 'will,' and 'would' or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us/
Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail: rfaber@goldspring.us
GoldSpring, Inc.
CONTACT: Robert T. Faber, President and CEO of GoldSpring, Inc., +1-480-603-5151, +1-775-847-5272, rfaber@goldspring.us
Web Site: http://www.goldspring.us/
California LifeLine Program Helps Keep People Connected; Free Multilingual Guide AvailableSeptember 14-20 Is National Lifeline Awareness Week
SAN FRANCISCO, Sept. 11 /PRNewswire-FirstCall/ -- Staying connected to local resources and emergency services is vital to the state's low income and elderly residents and can even help save lives. AT&T* California has joined with Consumer Action, a non-profit advocacy and education organization, to promote the state's important California LifeLine program during national "Lifeline Awareness Week," September 14-20.
The purpose of National Lifeline Awareness Week is to ensure that eligible low-income consumers are aware of the LifeLine program and are able to obtain affordable telephone service through the assistance of this program. Public Utilities Commissions and phone carriers in states across the U.S. are working to get the word out on this important program.
"California's LifeLine telephone program is the best in the country. The cost is low and no other state comes close to the number of consumers that benefit," said Ken McEldowney, Executive Director of Consumer Action. "Unfortunately, many who are eligible aren't on the program yet."
"Ensuring those in need have access to affordable phone service has been a priority since 1983 when the California Legislature passed a law creating the LifeLine program," said Senator Alex Padilla (D-Pacoima). "This program helps low-income households and others in financial need stay connected while staying within their budgets. I wholeheartedly support this program."
"Californians living on fixed incomes owe it to themselves to find out if they qualify for the LifeLine program," said Ken McNeely, President, AT&T California. "They could receive basic phone service at significant discounts and that could make a real difference in their lives."
Under the LifeLine program, qualifying consumers receive discounted local phone service. All California telephone companies that provide residential service offer the California LifeLine program. As more and more consumers struggle to pay their bills in today's tough economy, it's more important than ever for everyone to be aware of this program so they can stay connected. The LifeLine program, administered by telephone companies and sponsored by the California Public Utilities Commission, provides low-income Californians with discounted home phone service they can rely on. Millions of Californians already take advantage of the LifeLine program.
Rules established by the California Public Utilities Commission (CPUC) allow customers to qualify for the program in one of two ways:
-- By participating in an approved public assistance program including:
Medicaid/Medi-Cal, Supplemental Security Income (SSI) or Supplemental
Nutrition Assistance Program (SNAP).
-- By meeting certain household income limits.
To help provide consumers with detailed information on the program and how to apply, Consumer Action in partnership with AT&T has launched a multi-phase consumer outreach initiative.
The first phase is making a new Lifeline guide available. Consumers can see the publication online at http://www.consumer-action.org/ or send a stamped, self-addressed, legal-sized envelope to Consumer Action, 221 Main St., Suite 480, San Francisco, CA 94105. The guide is available in Chinese, English, Korean, Spanish and Vietnamese. In your request, please indicate the language you want.
The second phase set for later this year is to provide in-depth "train the trainer" sessions for community based organizations in the state so they can educate their clients about the California LifeLine program.
Consumers can also contact their phone carrier directly and ask about the program.
AT&T California customers can call 800-446-5651 (English) or 800-882-0521 (Spanish) or go online to http://www.att.com/lifeline.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. AT&T offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T | DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T's Yellow Pages and YELLOWPAGES.COM organizations are known for their leadership in directory publishing and advertising sales. In 2009, AT&T again ranked No. 1 in the telecommunications industry on FORTUNE(R) magazine's list of the World's Most Admired Companies.
About Consumer Action
Consumer Action is a San Francisco-based national education and advocacy organization founded in 1971. Its multilingual educational programs reach consumers through Consumer Action's national network of more than 11,000 community based contacts - with more than 3,500 located in California - and on the group's website (http://www.consumer-action.org/). The non-profit organization also has offices in Los Angeles and Washington, DC.
AT&T Inc.
CONTACT: H. Gordon Diamond of AT&T Inc., +1-415-778-1230, hgdiamond@att.com; or Ken McEldowney of Consumer Action, +1-415-777-9648, ext. 304, ken.mceldowney@consumer-action.org
Web Site: http://www.att.com/ http://www.consumer-action.org/
CME Group Announces the Launch of New Petroleum Products and Natural Gas Liquids Futures Contracts
CHICAGO, Sept. 11 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for eight new petroleum products and nine natural gas liquids futures contracts. Trading will be available on the New York trading floor and clearing services will be available through CME ClearPort , a set of flexible clearing services open to over-the-counter (OTC) market participants to substantially mitigate counterparty risk and provide neutral settlement prices across asset classes. Trading and clearing are scheduled to begin on September 20 for trade date September 21. These contracts will be listed by and subject to the rules and regulations of NYMEX.
The swap futures contracts and commodity codes will be:
-- Gulf Coast gasoline (OPIS) (4E)
-- Gulf Coast gasoline (OPIS) vs. RBOB gasoline spread (4F)
-- Gulf Coast jet (OPIS) (R9)
-- Gulf Coast jet (OPIS) vs. heating oil spread (W7)
-- Gulf Coast ULSD (OPIS) (5P)
-- Gulf Coast ULSD (OPIS) vs. heating oil spread (5Q)
-- Gulf Coast heating oil (OPIS) (7O)
-- Gulf Coast heating oil (OPIS) vs. heating oil spread (7W)
-- Mont Belvieu natural gasoline five decimals (OPIS) (7Q)
-- Mont Belvieu iso-butane five decimals (OPIS) (8I)
-- Conway propane five decimals (OPIS) (8K)
-- Conway natural gasoline (OPIS) (8L)
-- Conway normal butane (OPIS) (8M)
-- Mont Belvieu LDH propane (OPIS) BALMO (8O)
-- Mont Belvieu natural gasoline (OPIS) BALMO (R0)
-- Mont Belvieu ethane (OPIS) BALMO (8C)
-- Mont Belvieu normal butane (OPIS) BALMO (8J)
Expanding our suite of NGL and petroleum products based on OPIS pricing will provide additional hedging opportunities for this marketplace.
The first listed month will be the October 2009 contract. The BALMO contracts will be listed for one month and the following month for 10 business days prior to the start of the contract month. All other contracts will be listed for 36 consecutive months.
For more information please visit http://www.cmegroup.com/clearport.
As the world's largest and most diverse derivatives marketplace, CME Group (http://www.cmegroup.com/) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort . These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX and New York Mercantile Exchange are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at http://www.cmegroup.com/.
CME-G
CME Group
CONTACT: Media, Anu Ahluwalia, +1-212-299-2439, or Mary Haffenberg, +1-312-930-3435, news@cmegroup.com, or Investors, John Peschier, +1-312-930-8491, all of CME Group
Web Site: http://www.cme.com/
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