Affinia Hotels Launches a 'Comforthon' Designed to Comfort Guests and CommunityLands' End...
Wipro Appoints Dr Henning Kagermann to its Board
BANGALORE, India, September 22 /PRNewswire-FirstCall/ -- Wipro announced that Dr Henning Kagermann, President of Acatech (German Academy of Science and Technology) is joining its Board of Directors. Dr Kagermann joins 10 distinguished members of Wipro's Board of Directors. With his addition, seven of the eleven directors of Wipro will be independent directors.
Prior to joining Acatech, Dr Kagermann was Chief Executive Officer of SAP AG, till 2009. Kagermann joined SAP in 1982 and was initially responsible for product development in the areas of cost accounting and controlling. Later, he oversaw the development of all administrative solutions, including human resources, as well as industry-specific development for banking, insurance, public sector, and healthcare. His duties also included finance and administration as well as the management of all SAP regions. He has been a member of the SAP Executive Board since 1991.
Prior to joining SAP AG, Dr Henning Kagermann was Professor of Physics and Computer Science at the University of Tu Braunschwieg & University of Mannheim, Germany.
Dr Kagermann is currently a member of the supervisory boards of Deutsche Bank AG, Munich Re, Deutsche Post in Germany and in Nokia Corporation.
Kagermann also received an honorary doctorate from the University of Magdeburg, Germany, and is a member of the senate of Max Planck Gesellschaft and Frauenhofer Gesellschaft.
Welcoming Dr Henning Kagermann to the Board, Azim Premji, Chairman, Wipro Limited said, "We are delighted to welcome Dr Kagermann to our Board. He brings in a unique combination of academic perspective, technical expertise and leadership experience. I am sure that Wipro will benefit from his rich knowledge, insights and wisdom."
Commenting on his appointment, Dr. Kagermann said, "I have for long admired Wipro as a company as much for its innovative approach to business as for its strong commitment to values. I am excited at the prospect of guiding the company as it prepares for its next phase of growth"
Dr Kagermann's appointment will be effective October 27, 2009.
About Wipro Limited
Wipro provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services company globally. Wipro's IT Services business was assessed at Level 5 for CMMI V 1.2 across Offshore and Onsite development centers.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. Wipro also has a profitable presence in niche market segments of infrastructure engineering, and consumer products & lighting. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations.
Wipro's ADS are listed on the New York Stock Exchange, and our equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange. For more information, please visit our websites at http://www.wipro.com/, http://www.wiprocorporate.com/ and http://www.wipro.in/
Forward-Looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forwardlooking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at http://www.sec.gov/. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
Investor Relations contact: Sridhar Ramasubbu, CFO- International Operations, +1-408-242-6285, firstname.lastname@example.org
Contact for Media &Press: Eric Belove Manager Marketing, +1-732-216-6242, email@example.com
CONTACT: Investor Relations contact: Sridhar Ramasubbu, CFO-
International Operations, +1-408-242-6285, firstname.lastname@example.org;
Contact for Media & Press: Eric Belove, Manager Marketing, +1-732-216-6242,
Heritage Financial Announces Closing of $49.9 Million Public Offering of Common Stock, Including the Exercise of the Underwriters' Over-Allotment Option
OLYMPIA, Wash., Sept. 22 /PRNewswire-FirstCall/ -- HERITAGE FINANCIAL CORPORATION ("Company") announced today that it has raised $49.9 million through the previously announced public offering by issuing 4,341,250 shares of the Company's common stock, including 566,250 shares pursuant to the underwriters' over-allotment option, at a price of $11.50 per share. The net proceeds to the Company after deducting underwriting discounts and commissions and estimated offering expenses are expected to be $46.6 million. Keefe, Bruyette & Woods, Inc. acted as lead book-running manager of the offering with D.A. Davidson & Co. as a co-manager.
Brian L. Vance, President and Chief Executive Officer stated that, "We are very pleased with the results of our public offering. The strong level of investor interest in the offering validates the strength of our franchise." Mr. Vance added, "The additional capital, when added to our already healthy capital levels, puts us in a position to take advantage of the growth opportunities that we believe will arise as a result of the current dislocations occurring in our market areas."
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Offers will be made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained from Keefe, Bruyette & Woods, Inc., Equity Capital Markets, 787 Seventh Avenue, 4th Floor, New York, NY 10019, or by calling toll-free (800) 966-1559 or from D.A. Davidson & Co., Equity Capital Markets, 8 Third Street North, Great Falls, MT 59401 or by calling toll-free (800) 332-5915.
About Heritage Financial
Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. The Company operates two community banks, Heritage Bank and Central Valley Bank. Heritage Bank serves Pierce, Thurston, south King and Mason Counties in the south Puget Sound region of Washington through its fourteen full-service banking offices and its Online Banking Website http://www.heritagebankwa.com/. Central Valley Bank serves Yakima and Kittitas Counties in central Washington through its six full- service banking offices and its Online Banking Website http://www.cvbankwa.com/. Additional information about Heritage Financial Corporation is available on its Internet Website http://www.hf-wa.com/.
This press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are necessarily subject to risk and uncertainty and actual results could differ materially due to various risk factors, including those set forth from time to time in our filings with the SEC. You should not place undue reliance on forward-looking statements and we undertake no obligation to update any such statements.
Heritage Financial Corporation
CONTACT: Brian L. Vance, President and Chief Executive Officer of
Heritage Financial Corporation, +1-360-943-1500
Web Site: http://www.heritagebankwa.com/
Renard Wright to Speak at American Bar Association National Legal Malpractice Conference
CANTON, Mass., Sept. 22 /PRNewswire-FirstCall/ -- OneBeacon Professional Insurance, a member of OneBeacon Insurance Group , today announced that Underwriting and Distribution Manager Renard Wright will be a featured speaker at the Fall 2009 American Bar Association (ABA) National Legal Malpractice Conference on September 23-25 at The Swissotel Chicago in Chicago, IL.
The Fall 2009 National Legal Malpractice Conference, presented by the ABA Standing Committee on Lawyers' Professional Liability, brings together a variety of professionals to focus on lawyers' professional liability issues with claims, underwriting and risk management themes. Wright's session, When Good Risks Go Bad: Systematically Assessing Firms and Files in a Tough Economy, will discuss underwriting concerns in difficult financial times.
Said Wright, "I look forward to discussing important risk concepts involving professional firms, and I anticipate an interesting and engaging dialogue regarding an underwriting perspective that will be of interest to this audience."
OneBeacon Professional Insurance is a member of OneBeacon Insurance Group that specializes in professional liability solutions for targeted industries including hospitals of all sizes, physician groups, managed care organizations, long-term care facilities, health care facilities, media organizations, real estate professionals and lawyers. Additionally, OneBeacon Professional Insurance provides employment practices liability insurance, management liability and tailored products for complex organizations including health care provider excess insurance and HMO reinsurance.
About OneBeacon: OneBeacon Insurance Group's underwriting companies offer a range of specialty and segmented commercial and personal insurance products sold through select independent agents, regional and national brokers, and wholesalers. As one of the oldest property and casualty insurers in the United States, OneBeacon traces its roots to 1831 and the Potomac Fire Insurance Company. Today, OneBeacon's specialty insurance businesses are national in scope, while commercial lines business is produced in select territories throughout the United States. Personal lines business is concentrated in the Northeastern United States.
OneBeacon's U.S. headquarters is in Canton, Massachusetts. The company is publicly traded on the New York Stock Exchange under the symbol "OB".
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included or referenced in this release which address activities, events or developments which we expect or anticipate will or may occur in the future are forward-looking statements. The words "will," "believe," "intend," "expect," "anticipate," "project," "estimate," "predict" and similar expressions are also intended to identify forward-looking statements. These forward-looking statements include, among others, statements with respect to OneBeacon's:
-- change in book value per share or return on equity;
-- business strategy;
-- financial and operating targets or plans;
-- incurred loss and loss adjustment expenses and the adequacy of its
loss and loss adjustment expense reserves and related reinsurance;
-- projections of revenues, income (or loss), earnings (or loss) per
share, dividends, market share or other financial forecasts;
-- expansion and growth of our business and operations; and
-- future capital expenditures.
These statements are based on certain assumptions and analyses made by OneBeacon in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate in the circumstances. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that could cause actual results to differ materially from expectations, including:
-- claims arising from catastrophic events, such as hurricanes,
windstorms, earthquakes, floods, fires, explosions, terrorist attacks
or severe winter weather;
-- recorded loss and loss adjustment expense reserves subsequently
proving to have been inadequate;
-- the continued availability and cost of reinsurance coverage;
-- the continued availability of capital and financing;
-- general economic, market or business conditions;
-- business opportunities (or lack thereof) that may be presented to it
-- competitive forces, including the conduct of other property and
casualty insurers and agents;
-- changes in domestic or foreign laws or regulations, or their
interpretation, applicable to OneBeacon, its competitors, its agents
or its customers;
-- an economic downturn or other economic conditions adversely affecting
its financial position including stock market volatility;
-- actions taken by ratings agencies from time to time, such as financial
strength or credit ratings downgrades or placing ratings on negative
-- the risks that are described from time to time in OneBeacon's filings
with the Securities and Exchange Commission, including but not limited
to OneBeacon's Annual Report on the Form 10-K for the fiscal year
ended December 31, 2008 filed February 27, 2009.
Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by OneBeacon will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, OneBeacon or its business or operations. OneBeacon assumes no obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or otherwise.
Web site: http://www.onebeacon.com/
OneBeacon Insurance Group
CONTACT: Sasha Valasek of OneBeacon Insurance Group, +1-781-332-7165,
Web Site: http;//http://www.onebeacon.com/
PR Newswire's Cristy Clavijo-Kish to Present at Multichannel's Seventh Annual Hispanic Television Summit 2009Panel Session to Discuss How Marketing Leaders Are Reaching Hispanics
NEW YORK, Sept. 22 /PRNewswire/ -- PR Newswire announced today that Cristy Clavijo-Kish, Senior Vice President, Multicultural Markets, PR Newswire, will participate in a panel at Multichannel's Seventh Annual Hispanic Television Summit 2009, the signature annual conference for industry-influencers and leaders involved in the business of television and digital video targeted to the U.S. Hispanic and Latin American audiences.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO )
Ms. Clavijo-Kish will be speaking on The Top Marketers panel, "How the Marketing Leaders Are Reaching Hispanics," on Wednesday, Sept. 23, 2009 at 4:00 p.m., ET at the Marriott Marquis Times Square, New York. The panel will feature top executives from networks, pay TV and multimedia communications for a conversation about the costs and rewards of "selling digital video" to Hispanic consumers.
"Online video has quickly grown to become an essential communications vehicle for reaching the Hispanic population as it has proven invaluable in connecting with a wide array of economic and social audiences," remarked Clavijo-Kish. "With the growing availability of tools and services specifically designed to create and disseminate video for the Hispanic community, including the Interactivo Multimedia News Release, businesses and organizations have seized upon the opportunity to leverage online video for building brands, launching products or simply making an impression with this dynamic demographic group."
Cristy's participation in Multichannel's Hispanic Television Summit exemplifies PR Newswire's ongoing effort to deliver a comprehensive suite of communications tools and strategies that enable communicators to engage and interact with the largest and fastest growing minority group in the U.S. PR Newswire's industry-leading resources for communicating with U.S. Hispanic audiences include: Hispanic PR Wire, the leading news distribution service to reach Hispanic media; ProfNet en Espanol, a free service that connects busy reporters with knowledgeable Spanish-speaking sources; and Hispanic Digital Network, the nation's first and largest internet advertising network of U.S. Hispanic local media.
About PR Newswire
PR Newswire is the global leader in innovative communications and marketing services, enabling organizations to connect and engage with their target audiences worldwide.
Through its multi-channel distribution network, audience intelligence, targeting, and measurement services, PR Newswire helps corporations and organizations conduct rich, timely and dynamic dialogues with the media, consumers, policymakers, investors and the general public, in support of building brands, generating awareness, impacting public policy, driving sales, and raising capital.
Pioneering the commercial news distribution industry 55 years ago, PR Newswire connects customers with audiences in more than 170 countries and in over 40 languages through an unparalleled network of offices in 16 countries across North and South America, Europe, Asia, and the Middle East, and via unique affiliations with the leading news agencies across the globe. PR Newswire is a subsidiary of United Business Media Limited (UBM.L), a leading global business media company that serves professional commercial communities around the world. For more information, go to http://www.unitedbusinessmedia.com/.
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PR Newswire Association LLC
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GC Impsat Holdings I Plc Announces Completion of Tender Offer for its 9.875% Senior Notes due 2017
FLORHAM PARK, N.J., Sept. 22 /PRNewswire-FirstCall/ -- GC Impsat Holdings I Plc ("GC Impsat") announced today that it has accepted for purchase $223.8 million in aggregate principal amount of its 9.875% Senior Notes due 2017 (the "Notes") (CUSIP Nos. U0390YAA8 and 362241AA9), representing all of the Notes validly tendered and not withdrawn pursuant to its previously announced cash tender offer for any and all of the Notes (the "Tender Offer"), which expired at 12:00 midnight, New York City time, on Monday, September 21, 2009. Payment for the Notes accepted for purchase is expected to occur on Wednesday, September 23, 2009, and the Notes so purchased will be cancelled. The aggregate consideration to be paid by GC Impsat for the Notes accepted for purchase, including consent fees and accrued and unpaid interest to September 23, 2009, is $237 million, which will be funded with a portion of the net proceeds from a private offering of debt securities by Global Crossing Limited, the indirect parent of GC Impsat.
The Notes accepted for purchase in the Tender Offer represent approximately 99.5% of the $225 million principal amount of the Notes outstanding prior to the Tender Offer. As a result of GC Impsat's acceptance for purchase of Notes representing a majority of the Notes outstanding, certain amendments to the indenture governing the Notes set forth in a supplemental indenture that became effective on September 10, 2009, have become operative. Accordingly, most of the restrictive covenants and certain events of default contained in the indenture governing the Notes have been eliminated.
The Tender Offer was made pursuant to the Offer to Purchase and Consent Solicitation Statement dated August 24, 2009 and the related Letter of Transmittal. Goldman, Sachs & Co., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. were retained to serve as dealer managers for the tender offer and solicitation agents for the consent solicitation.
This press release is neither an offer to purchase, a solicitation for acceptance of an offer to purchase, nor a solicitation of consents with respect to, any securities.
FORWARD LOOKING STATEMENTS
This release contains certain forward-looking statements. All forward-looking statements are based on assumptions that GC Impsat believes to be reasonable. However, actual results almost always vary from assumed facts and the differences can be material, depending upon the circumstances. As a result, you should not place undue reliance on such forward-looking statements. The words "believe," "expect," "estimate," "anticipate" and similar expressions will generally identify forward-looking statements. All of GC Impsat's forward-looking statements, whether written or oral, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany such forward-looking statements. In addition, GC Impsat disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date of this release.
ABOUT GC IMPSAT
GC Impsat is a Latin American communications company that offers a full range of IP and managed data and voice products and services which support a migration path to a fully converged IP environment. GC Impsat is an indirect, wholly-owned subsidiary of Global Crossing Limited , which is a leading global IP solutions provider with the world's first integrated global IP-based network. Global Crossing offers a full range of secure data, voice, and video products to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers services to nearly 700 cities in more than 60 countries and six continents around the globe. GC Impsat and its subsidiaries comprise part of Global Crossing's business, with a principal focus on operations in Central and South America.
GC Impsat Holdings I Plc
CONTACT: Michael Schneider, +1-973-937-0146,
Global Crossing Completes Private Offering of $750 Million of Its 12% Senior Secured Notes Due 2015
FLORHAM PARK, N.J., Sept. 22 /PRNewswire-FirstCall/ -- Global Crossing Limited announced today that it has completed its previously announced offering of $750 million in aggregate principal amount of its 12% senior secured notes due 2015 (the "Notes") in a private offering to qualified institutional buyers in accordance with Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act").
Global Crossing intends to use net proceeds of the offering to refinance Global Crossing Limited's 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.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. The notes have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
ABOUT GLOBAL CROSSING
Global Crossing provides telecommunications solutions over the world's first integrated global IP-based network. Its core network connects approximately 400 cities in approximately 45 countries worldwide, and delivers services to nearly 700 cities in more than 60 countries and six continents around the globe. The company's global sales and support model matches the network footprint and, like the network, delivers a consistent customer experience worldwide. The company offers a full range of data, voice and security products to approximately 40 percent of the Fortune 500, as well as 700 carriers, mobile operators and ISPs. Please visit http://www.globalcrossing.com/ or blogs.globalcrossing.com/ for more information about Global Crossing.
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.
CONTACT GLOBAL CROSSING:
+ 1 973 937 0146
+ 1 800 836 0342
+1 973 937 0233
Global Crossing Limited
CONTACT: Press, Michael Schneider, +1-973-937-0146,
Michael.Schneider@globalcrossing.com, or Analysts/Investors, Mark Gottlieb,
+1-800-836-0342, firstname.lastname@example.org, or Antonio Suarez, +1-973-937-0233,
Antonio.Suarez@globalcrossing.com, all of Global Crossing
Web Site: http://www.globalcrossing.com/
Platinum Underwriters Holdings, Ltd. to Report Third Quarter 2009 Financial Results on October 21, 2009
HAMILTON, Bermuda, Sept. 22 /PRNewswire-FirstCall/ -- Platinum Underwriters Holdings, Ltd. will report financial results for the quarter ended September 30, 2009 after the close of trading on the New York Stock Exchange on Wednesday, October 21, 2009.
The Company will host a teleconference to discuss the financial results on Thursday, October 22, 2009 at 8:00 a.m. Eastern time.
The call may be accessed by dialing 877-879-6217 (US callers) or 913-312-0652 (international callers), or in a listen-only mode via the Investor Relations section of Platinum's website at http://www.platinumre.com/. Those who intend to participate in the teleconference should register at least ten minutes in advance to ensure access to the call.
The teleconference will be recorded and a replay will be available from 11:00 a.m. Eastern time on Thursday, October 22, 2009 until midnight Eastern time on Thursday, October 29, 2009. To access the replay by telephone, dial 888-203-1112 (US callers) or 719-457-0820 (international callers) and specify passcode 2604514. The teleconference will also be archived on the Investor Relations section of Platinum's website at http://www.platinumre.com/ for the same period of time.
Platinum Underwriters Holdings, Ltd. is a leading provider of property, casualty and finite risk reinsurance coverages, through reinsurance intermediaries, to a diverse clientele on a worldwide basis. Platinum operates through its principal subsidiaries in Bermuda and the United States. The Company has a financial strength rating of A (Excellent) from A.M. Best Company, Inc. For further information, please visit Platinum's website at http://www.platinumre.com/.
Platinum Underwriters Holdings, Ltd.
CONTACT: Lily Outerbridge, Investor Relations, +1-441-298-0760
Web Site: http://www.platinumre.com/
PG&E Earns High Rankings For Climate Change ReportingMajor Index Lists PG&E in the Top Ten Among S&P 500 and Global 500 Companies
SAN FRANCISCO, Sept. 22 /PRNewswire-FirstCall/ -- The Carbon Disclosure Project (CDP), an independent organization that maintains the largest global database of corporate climate change information, has listed PG&E Corporation as one of the leading companies in the world when it comes to openly sharing public information on greenhouse gas emissions, emissions reduction targets, and the implications of climate change for its business. The company ranked in the top ten on the Carbon Disclosure Leadership Index for both the S&P 500 and the Global 500, and is one of only four U.S. utilities to make the global listing. PG&E tied for first place as the CDP's top-ranked utility globally.
The indices, compiled by PricewaterhouseCoopers (PwC) on behalf of CDP, provide an evaluation tool for institutional investors seeking to understand and manage risk associated with climate change. CDP is currently backed by 475 institutional investors with assets of more than $55 trillion who sent the survey to 3,700 of the world's largest companies.
"We're pleased to be recognized for PG&E's extensive reporting on the risks and opportunities that climate change presents to our business," said Steve Kline, PG&E Corporation's Chief Sustainability Officer. "We believe it's critical that investors, customers, policy makers and other stakeholders have access to information that allows them to assess and understand the relationship between our business and the challenge of climate change. We're committed to providing the information necessary to make this possible."
PG&E was among the earliest companies to voluntarily quantify and report greenhouse gas emissions, which is an essential first step in the longer-term effort to effectively and efficiently address this challenge. The company was a charter member of the California Climate Action Registry and, in 2002, became the first investor-owned utility in California to voluntarily complete a third-party-verified inventory of its CO2 emissions. PG&E has participated in the Carbon Disclosure Project since 2005.
PG&E Corporation is an energy-based holding company whose core business is Pacific Gas and Electric Company. Pacific Gas and Electric Company is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, PG&E delivers some of the nation's cleanest energy to 15 million people in northern and central California.
The Global 500 Report including names of companies featured in the Carbon Disclosure Leadership Index can be found at http://www.cdproject.net/. There is also more information on the Carbon Disclosure Leadership Index at PG&E's environmental blog: http://www.next100.com/2009/09/corporations-endorse-climate-a.php. For more information about PG&E Corporation and Pacific Gas and Electric Company, please visit our web sites at http://www.pgecorp.com/ and http://www.pge.com/.
CONTACT: Corporate Relations of PG&E Corporation, 1-800-743-6397
Web Site: http://www.pgecorp.com/
Fisker Automotive and US Department of Energy Agree to Terms for $528.7M Loan- Funds awarded to develop affordable plug-in hybrids made in USA - At least 5,000 direct and indirect US jobs to be created or saved - An estimated 821 million gallons of gasoline will be saved and 8 million tons of CO2 offset from sales of Fisker plug-in hybrids through 2016 Video: http://www.thenewsmarket.com/FiskerKarma
IRVINE, Calif., Sept. 22 /PRNewswire/ -- Fisker Automotive and the US Department of Energy have agreed to terms for a loan of more than half a billion dollars to create affordable, fuel-efficient plug-in hybrid electric cars.
A majority of the low-interest funds will go toward Project NINA, which will see the design, engineering and assembly of Fisker Automotive(http://www.fiskerautomotive.com/)'s next-generation plug-in hybrids, starting at about $39,900 after tax credits. The remainder will help finalize development of the Fisker Karma, the technology leading plug-in hybrid that will enable the company to develop such lower cost models.
Fisker Automotive expects to create or save at least 5,000 US jobs among auto suppliers and thousands more to manufacture a plug-in hybrid in the U.S.
Project NINA -- inspired by the ship belonging to explorer Christopher Columbus -- is symbolic of the automobile industry's transition from old world to new.
"This conditional loan represents a significant step in America's future," said Henrik Fisker, CEO. "With it Fisker Automotive can rapidly develop affordable clean cars that satisfy our passion for driving and help restore the US as an auto industry leader."
All Fisker automobiles prove eco-friendly vehicles can be stylish, functional and exciting. They combine the low energy-cost and tailpipe-emission free benefits of an all-electric car with the unlimited range of a gasoline powered car.
The funds are part of the US Department of Energy's $25-billion Advanced Technologies Vehicle Manufacturing Loan Program, created by Congress in November 2008 to help promote the development of energy-efficient, advanced-technology vehicles.
Fisker Automotive has already created hundreds of jobs by partnering with Tier 1 US automotive suppliers to develop the Karma. The company has also recruited a network of 45 premium retailers to market and service its vehicles. With Project NINA, that network is expected to grow to more than 100 US retailers, in addition to those in Europe, Asia and the Middle East.
The Fisker Karma's real-world, annual average fuel economy can exceed 100mpg, significantly more than that of today's hybrids. Its exclusive Q-DRIVE powertrain is expected to deliver an emission-free 50 miles per full charge of its Lithium-ion battery, and a total extended range of more than 300 miles through the use of its gasoline powered engine/generator. If driven fewer than 50 miles per day and fully charged overnight it is possible the Karma can use as little as one tank of gas per year. More than 1,500 of the plug-in hybrids have already been ordered.
It is estimated some 821 million gallons of gasoline will be saved and 8 million tons of CO2 offset from sales of Fisker plug-in hybrids through 2016, based on SAE J2841 Electrical Usage Statistics.
ABOUT FISKER AUTOMOTIVE, INC.
Fisker Automotive is a privately owned, premium American car company with a vision to lead the automotive industry into the next-generation of automobiles with high-end design expertise and eco-friendly powertrain technology. Global headquarters are in Irvine, California, USA.
The company was created in 2007 to leverage the design capabilities of Fisker Coachbuild, LLC, founded by auto design veterans Henrik Fisker and Bernhard Koehler, and the PHEV powertrain capabilities of Quantum Fuel Systems Technologies Worldwide, Inc. , a major Tier 1 supplier of clean vehicle technologies to the automotive OEMs. Previously, Fisker, CEO, was design director for Aston Martin and president and CEO of BMW's DesignworksUSA. Koehler, COO, led design operations at Ford, Aston Martin and BMW.
Inquiries: Russell Datz
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Web Site: http://www.fiskerautomotive.com/
Arbitron Introduces Radio Performance Management Dashboard and Key Software Upgrades at NAB Radio ShowDynamic Solutions for Improving Radio Business Intelligence
COLUMBIA, Md., Sept. 22 /PRNewswire-FirstCall/ -- Arbitron Inc. announced today the introduction of the Arbitron Survey Analytics Program (ARB-ASAP), a Web-based radio management dashboard and strategic upgrade to mission-critical solutions that enhance utility and feature functionality for radio station general managers (GMs) and Program Directors (PDs). During the National Association of Broadcasters Radio Show in Philadelphia on September 23 - 25, 2009, Arbitron will provide training and real-time demonstrations of the new offerings in its Hospitality Suite 738 located in the Marriott Philadelphia Downtown.
"We believe that these upgrades will help ensure that we deliver the tools that GMs and PDs need to make the most informed decisions about their stations," said Alton Adams, Executive Vice President of Arbitron Inc.
The ARB-ASAP puts multiple performance metrics at users' fingertips, allowing them to quickly access trends for station and cluster performance, competitor performance, and Arbitron sample performance. Arbitron designed ASAP with state-of-the art Web technology to help managers with multi-station portfolios aggregate data and track performance by all key metrics through a highly visual, user-friendly interface.
This value-added service will launch in October 2009 and will be provided to Arbitron eBookSM Clients at no additional cost.
In addition, Arbitron made key updates to PD Advantage(TM) Web, TAPSCAN(TM) and TAPSCAN Sales Management. The new upgrades are a part of an aggressive program to improve the performance and reliability of Arbitron's suite of software products.
PD Advantage Web 1.1
The new features in PD Advantage Web allow programmers to delve even deeper into Portable People Meter(TM) (PPM(TM)) data and understand the story behind listeners and their behavior. PDs will now be able to identify growth opportunities by identifying competitive stations where there are many heavy radio users, but many who spend little time with the target station. PD Advantage Web looks at radio usage and loyalty and helps users understand the monthly panelist composition
TAPSCAN Web 10.2.1
TAPSCAN Web, radio's premier Web-based media software, is now accessible on Mac and PC using the FirefoxTM browser. This latest version is a feature-rich release that brings faster performance for those using lower bandwidth connections. Users can also open and save schedules as well as select station and geography selections with greater speed.
Looking ahead, Arbitron expects to introduce even faster speed and further upgrades in November, including access to local market DMA in PPM markets and an ability to drill down more deeply in Ethnic-standard demos. Qualitative reports will also be available for Scarborough, RetailDirect and the Arbitron Qualitative Diary.
TAPSCAN Sales Management 10.2.1
TAPSCANTM Sales Management is the one revenue management tool you need for maintaining customer information, schedules, pending sales and forecasts. This update features improved speed and performance, reducing the application start-up time and providing faster speed in the scheduler for multi-station use. Users also have the ability to clone historical schedules to new schedules.
"Arbitron is working to evolve from a data vendor into a business intelligence and solutions provider," said Pierre Bouvard, Executive Vice President, Sales, Arbitron Inc. "As we continue to build systems to deliver value to our clients, we expect Arbitron's software development to keep growing, improving and evolving online."
For a Demonstration or more information, visit the Arbitron team:
Arbitron Hospitality Suite
738 Marriot, Philadelphia, PA
NAB Software demonstration hours:
Wednesday, September 23, 10:00 AM to 1:45 PM and 3:15 PM to 4:00 PM
Thursday, September 24, 10:00 AM to 4:00 PM
Friday, September 25 10:00 AM to 12 noon
Arbitron Inc. is a media and marketing research firm serving the media - radio, television, cable, online radio and out-of-home - as well as advertisers and advertising agencies. Arbitron's core businesses are measuring network and local market radio audiences across the United States; surveying the retail, media and product patterns of local market consumers; and providing application software used for analyzing media audience and marketing information data. The company has developed the Portable People Meter TM, a new technology for media and marketing research.
Portable People MeterTM and PPMTM are marks of Arbitron Inc.
PPM ratings are based on audience estimates and are the opinion of Arbitron and should not be relied on for precise accuracy or precise representativeness of a demographic or radio market.
Firefox is a trademark of the Mozilla Foundation. All rights reserved.
Arbitron Forward-Looking Statements
Statements in this release that are not strictly historical, including the statements regarding expectations for 2009 and any other statements regarding events or developments that we believe or anticipate will or may occur in the future, may be "forward-looking" statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These factors include, among other things, the current global economic recession and the upheaval in the credit markets and financial services industry, competition, our ability to develop and successfully market new products and technologies, our ability to successfully commercialize our Portable People Meter(TM) service, the growth rates and cyclicality of markets we serve, our ability to expand our business in new markets, our ability to successfully identify, consummate and integrate appropriate acquisitions, the impact of increased costs of data collection including a trend toward increasing incidence of cell phone-only households, litigation and other contingent liabilities including intellectual property matters, our compliance with applicable laws and regulations and changes in applicable laws and regulations, our ability to achieve projected efficiencies, cost reductions, sales growth and earnings, and international economic, political, legal and business factors. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our 2008 Annual Report on Form 10-K. These forward-looking statements speak only as of the date of this release and the Company does not assume any obligation to update any forward-looking statement.
CONTACT: Jessica Benbow, Arbitron Inc., +1-410-312-8363,
Web Site: http://www.arbitron.com/
Jordan Valley Announces Delivery of the JVX6200 XRR Metrology Tool to a Leading-Edge HDD (Hard Disk Drive) Manufacturer
MIGDAL HA'EMEK, Israel, Sept. 22 /PRNewswire/ -- Jordan Valley Semiconductors Ltd., the market leader in X-ray metrology tools is pleased to announce the delivery of its JVX6200 XRR (X-Ray Reflectometry) metrology tool to a leading-edge HDD (Hard Disk Drive) vendor, used for quality control of its HDD head manufacturing process.
A key advantage of the XRR metrology is its capability to simultaneously measure production stacks of >15 layers of mixed opaque and/or transparent nano layers films and report the thickness, density and roughness of each individual layer.
"One of the challenges facing the leading edge HDD manufacturers is to control the complex, ultra thin multilayer deposition process in a timely, economic way," commented Isaac Mazor, President and CEO of Jordan Valley Semiconductors.
"Our customer selected the JVX6200 system after extensive evaluations of the tool capabilities and comparison to other methods, and based on its outstanding ROI (Return On Investment), ease of use and the robustness of the XRR technology," added Mr. Mazor.
Jordan Valley's XRR technology is fast, production worthy and non-destructive and has proven to be an excellent replacement for extremely expensive destructive testing.
"The unique power of resolving a stack of >15 layers without prior calibration or knowledge of materials properties make the XRR extremely valuable and useful for early process degradation detection and save time and money to our customers," added Mr. Mazor.
About the JVX6200 X-ray metrology tool
Jordan Valley's JVX6200 X-ray metrology tool is a multi channel, high throughput and small footprint, fully automated metrology tool, in use at many advanced production fabs worldwide. The JVX6200 is used for advanced process control at the front end of line (FEOL) and back-end of line (BEOL), WLP (Wafer level packaging), MRAM and other new applications in fabs worldwide. The JVX6200 X-Ray Reflectometry (XRR) is a non-contact, non-destructive, surface-sensitive technique that delivers precise and accurate characterization of thin films and multi-layer stacks. The XRR technique measures layer thickness, density and roughness by analyzing the interference patterns of X-rays reflecting off the layers surfaces and interfaces. The JVX6200 XRR analyzes single and multiple thin films metal and dielectric layers from 1nm to 1um thick. Jordan Valley's advanced XRR technology allows measurements on production wafers and offers superior throughput.
About Jordan Valley
Jordan Valley Semiconductors Ltd. is a worldwide leader in the development, manufacturing and supplying thin films metrology tools for most advanced semiconductor manufacturing processes. We offer a comprehensive family of solutions based on advanced X-Ray Reflectometry (XRR), X-Ray Fluorescence (XRF) and High Resolution X-Ray Diffractometry (HRXRD). These tools are fully automated, production ready and ideal for both blanket and patterned wafers. Jordan Valley's X-Ray technology enables accurate and precise characterization of all film types - including single and multi-layer stacks, high k and low k materials, metals and dielectrics, amorphous, poly-crystal, and single crystal films. Research and Development, Sales & Headquarters are based in Migdal Ha'Emek, Israel. Primary manufacturing is based in Migdal Ha'Emek with a secondary location in Durham, United Kingdom. Demo lab, Sales & Customer support office is in Austin, Texas, USA. Jordan Valley products are used in production by leading semiconductor manufacturers worldwide. Jordan Valley's primary shareholders are Clal Industries and Investments Ltd. , Intel Capital , and Elron Electronic Industries Ltd. .
For additional information about Jordan Valley, please visit our web site at: http://www.jvsemi.com/
Jordan Valley Semiconductors Ltd.
CONTACT: Alon Kapel, Headquarters, +972.4 6543666,
email@example.com, or Ralph Kippen, SEA sales manager, +886-933361873,
Ralph@jordanvalley.com, or Gil Griffin, USA Sales manager, +1-512-461-2617,
firstname.lastname@example.org, or Brenda Ortiz, US Office , +1-512-832-8470,
email@example.com, all of Jordan Valley Semiconductors Ltd.
Web Site: http://www.jvsemi.com/
Magellan Biosciences Sells its Life Sciences Tools Business to DionexCompany to focus on clinical-diagnostic systems and tests designed to help doctors make faster, more-informed treatment decisions
CHELMSFORD, Mass., Sept. 22 /PRNewswire/ -- Magellan Biosciences, Inc. (Magellan), an emerging leader in clinical diagnostics, has sold its ESA Life Sciences Tools (LST) business to Sunnyvale, California-based Dionex, Inc. . The sale includes all of ESA's HPLC-related products, HPLC clinical assays, the ESA Laboratories services and assets, as well as ESA's headquarters in Chelmsford, Massachusetts. Financial terms of the transaction were not disclosed.
"This sale enables Magellan to concentrate on our clinical-diagnostic customers. We can now apply all of our resources to developing and supporting innovation in diagnostic products that give clinicians the answers they need to make more-informed treatment decisions for superior, outcomes-based care," said Magellan President and Chief Executive Officer, Robert J. Rosenthal, Ph.D. "Stay tuned. Over the next several months we will be highlighting the new diagnostics-focused Magellan. In the meantime, customers can continue to count on the Magellan brands and people they've come to know: LeadCare for blood-lead-testing systems, Dynex for automated ELISA processing systems, and TREK for microbiology."
LeadCare - Because traditional prescription-based and send-out practices have missed those children most at-risk for lead poisoning, policy-makers at the federal, state, and local level are taking action to encourage the use of the LeadCare II system to ensure that children receive mandated testing. For example, New York State Medicaid just began reimbursing doctors and health clinics for LeadCare II tests. As a CLIA-waived test, the LeadCare II system removes all the complications formerly associated with blood-lead testing - waiting days for lab results, spending precious staff time and resources trying to contact patients for critical follow-up care, or tracking down results for record-keeping, reporting, or compliance purposes. Visit http://www.waivedleadcare.com/ to learn more. For important lead-poisoning prevention resources, links to consumer product recall information, and tips for keeping children safe, visit http://www.leadpoisoninfo.com/.
Dynex - The DS2 two-plate and DSX four-plate ELISA processing systems are designed for efficiency and reliability with the 'expert' inside. They perform the most-sophisticated analyses, but are easy to use for operators with varying levels of education and experience. The DSX and DS2 are open systems with full walk-away automation and precise liquid-handling capabilities. They execute the entire complement of analytical steps required for virtually any ELISA immunoassay: adding samples and reagents, washing, incubation, and detection, delivering all you need to ensure the rigorous, repeatable analyses required in critical applications - from immunology to infectious disease, hormone, allergy, blood-chemistry, and drugs-of-abuse testing. To see a video of the DS2 at work, visit http://www.dynextechnologies.com/.
TREK - The award-winning VersaTREK automated microbial-detection system performs four tests on one automated platform: culture for blood, sterile body fluids, and mycobacteria detection, as well as Mycobacterium tuberculosis (TB) susceptibility testing. TREK's signature Sensititre product line for susceptibility and identification testing enables labs to test - on a single cost-effective, LIS-compatible system - more FDA-cleared antimicrobial drugs than on any other automated platform against the widest range of non-fastidious and fastidious bacteria and yeasts. This saves microbiology labs from having to use multiple off-line test procedures to obtain accurate susceptibility data. TREK's platform is the system-of-choice for global surveillance initiatives, including NARMS (National Antimicrobial Resistance Monitoring System). For more information on TREK products, visit http://www.trekds.com/.
About Magellan (http://www.magellanbio.com/)
An emerging leader in clinical-diagnostic markets for near-patient testing, hospital-based labs, and microbiology, Magellan serves customers worldwide with rapid point-of-care analyzers and consumables; blood culture, antimicrobic-susceptibility tests, systems, and reagents; as well as automated ELISA processing systems, microplate instrumentation, and associated consumables. We design all our products to deliver better, faster, more-reliable diagnostic results to help doctors make more-informed treatment decisions and improve health outcomes. Magellan brands include LeadCare, Dynex, and TREK.
Magellan Biosciences, Inc.
CONTACT: Caroline Grossman, +1-781-771-5579, firstname.lastname@example.org
Web Site: http://www.magellanbio.com/
SpectraScience Announces Results of Annual Shareholder Meeting
SAN DIEGO, Sept. 22 /PRNewswire-FirstCall/ -- SpectraScience, Inc. (OTC Bulletin Board: SCIE), a San Diego based medical device company, held its Annual Meeting of the Shareholders for the fiscal year ended 2008 at 9:00 am local time September 21, at the Del Mar Hilton in Del Mar, California. The business matters considered and acted upon at the meeting included (a) a vote to set the number of directors of the Company at six and election of six directors, and (b) amend the Company's Articles of Incorporation.
Only shareholders of record at the close of business on August 14, 2009 were entitled to vote at the meeting. Approximately 87% of the shares eligible to vote were cast in the above-mentioned matters. Approximately 99% of the shares were voted in favor of setting the number of directors of the Company at six and electing the six nominated directors, and approximately 96% were voted in favor of amending the Articles of Incorporation.
Also at the Annual Meeting, Jim Hitchin, President and Chief Executive Officer of SpectraScience, Inc., gave a presentation. Key highlights from the presentation included:
-- An overview of the business of SpectraScience, its technology and
advantages including higher sensitivity in cancer screening,
instantaneous detection of diseased tissue, the opportunity for
treatment at the time of original patient visit and the ability to
lower pathology costs, all leading to better overall patient care;
-- Highlights for the year including FDA approvals for WavSTAT (colon
cancer screening) and LUMA (cervical cancer screening), EU approval
for WavSTAT (colon & esophageal cancer screening), FDA clearance for
manufacturing facility, the recently announced FDA clearance for a new
WavSTAT platform, and the establishment of a European distribution
network for WavSTAT; and
-- An update on the WavSTAT clinical trials (esophageal cancer screening)
which are in process at Boston University, the Mayo Clinic, the Kansas
City VA Hospital and the University of Southern California. The
Company is also beginning esophageal clinical trials at multiple sites
in the European Union.
Mr. Hitchin also discussed catalysts for the Company's growth moving forward, including: the growing and aging population; the increasing recognition of the value of testing as a way to improve health and reduce the overall costs of healthcare through early detection and prevention; the increasing access to tests that leverage advances in technology and cost efficiencies; the expanding role of diagnostics (early detection and intervention lead to better medical and economic outcomes); expansion of distribution and the addition of software applications to the technology platform to create leverage in the model for physicians and clinics.
Among those present at the meeting were members of the Company's board of directors, which includes Jim Hitchin, Stan Pappelbaum, M.D., Chet Sievert, F. Duwaine Townsen, and the Honorable Tommy Thompson. At the conclusion of the meeting, Gov. Thompson commented that, "It is a privilege to be associated with a company with as much promise as SpectraScience has in contributing to the fight against cancer. Jim Hitchin is doing a fantastic job developing this business and positioning the company to drive shareholder value."
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties that may cause SpectraScience's actual results to differ materially from results discussed in forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by SpectraScience in this news release, its most recent Form 10-K and in SpectraScience's other reports filed with the Securities and Exchange Commission ("SEC") that attempt to advise interested parties of the risks and factors that may affect SpectraScience's business. These forward-looking statements are qualified in their entirety by the cautions and risk factors filed by SpectraScience in its annual report on Form 10-K and other documents.
About SpectraScience, Inc.
SpectraScience is a San Diego based medical device company that designs, develops, manufactures and markets spectrophotometry systems capable of determining whether tissue is normal, pre-cancerous or cancerous without physically removing tissue from the body. The WavSTAT Optical Biopsy System uses light to optically scan tissue and provide the physician with an immediate analysis. With FDA approval for sale in the U.S. and the CE Mark for the European Union, the WavSTAT System is the first commercially available product that incorporates this innovative technology for clinical use. The Company's LUMA imaging technology has received FDA approval for an optical non-invasive system that is proven to more effectively detect cervical cancer precursors than conventional methods available in the market today.
Jim Hitchin, Chief Executive Officer
(858) 847-0200 x201
CONTACT: Jim Hitchin, Chief Executive Officer of SpectraScience, Inc.,
+1-858-847-0200, ext. 201; or Todd Pitcher, Investor Relations of Hayden
Communications, +1-858-518-1387, for SpectraScience, Inc.
Cigna Medical Group CareToday Announces Grand Openings of Clinics in Tolleson and Laveen, Ariz.
PHOENIX, Sept. 22 /PRNewswire/ -- Cigna Medical Group (CMG) has announced the opening of two CMG CareToday walk-in medical clinics in Tolleson and Laveen, Ariz. This brings the total number of clinics to eight since CMG CareToday's launch in 2006.
Staffed with nurse practitioners and physician assistants, the clinics offer walk-in medical care for unscheduled patients with conditions such as colds, flu, sore throat, lower back pain, ear aches, bladder infections and pink eye. In addition, the clinics offer pregnancy tests and child and adult immunizations, including flu shots. School, sports and camp physicals are also available.
"CMG CareToday is a convenient alternative that can accommodate local residents who may be unable to see their primary care doctor because of time or other issues," said Corinne Bell, D.O., medical director for Cigna Medical Group's East Region and CMG CareToday clinics. "Expanding the number of CMG Care Today clinics provides residents with a place to go for non-emergency needs in the southwest Valley."
All CMG CareToday locations are currently offering a special $29 charge for first time visits and seasonal flu shots for $26. Most regular visits cost $59 and some lab services are only $10. A select number of generic prescription medications are available for only $10. CIGNA customers (and individuals covered under other accepted health plans) pay only their office visit co-pay or co-insurance. "Individuals could ultimately pay less at a CMG CareToday clinic for low acuity services than they would if those services were received at an urgent care clinic, making this an ideal economic alternative for medical care for walk-in or uninsured patients," adds Dr. Bell.
CMG CareToday Tolleson is located in the Pecan Promenade Shopping Center, 9870 W. Lower Buckeye Road, Suite 140, Phoenix, AZ 85353. More information is available by calling 623.478.7665.
CMG CareToday Laveen is located in the Laveen Village Center, 3535 W. Southern Ave., Suite 128, Phoenix, AZ 85041. More information is available by calling 602.276.5563.
All CMG CareToday locations are open to the public seven days a week and most holidays. Hours of operation are 9 a.m. to 7 p.m. Monday through Friday, and 9 a.m. to 4 p.m. on weekends and most holidays. Appointments are never necessary and no insurance is required. More information is available by visiting http://www.caretoday.com/.
Cigna Medical Group, the multi-specialty group practice division of CIGNA HealthCare of Arizona, is one of the Valley's largest group practices with more than 25 offices located throughout Metropolitan Phoenix, including three urgent care centers and seven CMG CareToday convenience care clinics. To learn more about Cigna Medical Group and the services they provide, please visit http://www.cignamedicalgroup.com/.
CIGNA , a global health service company, is dedicated to helping people improve their health, well-being and sense of security. CIGNA Corporation's operating subsidiaries provide an integrated suite of medical, dental, behavioral health, pharmacy and vision care benefits, as well as group life, accident and disability insurance, to approximately 46 million people throughout the United States and around the world. To learn more about CIGNA, visit http://www.cigna.com/.
Cigna Medical Group
CONTACT: Leigh Woodward of CIGNA, +1-602-371-2019,
Web Site: http://www.cignamedicalgroup.com/
Smithfield Foods Completes Common Stock Offering
SMITHFIELD, Va., Sept. 22 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. announced today that it has closed its previously announced underwritten registered public offering of 21,660,649 shares of its common stock at $13.85 per share. In connection with the offering, the Company has also granted the underwriters a 30-day option to purchase up to an additional 3,249,097 shares of common stock to cover over-allotments, if any. Morgan Stanley, Goldman, Sachs & Co., Barclays Capital, and J.P. Morgan are the joint bookrunning managers of the offering.
The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, with a goal of continuing to strengthen its balance sheet, which may include the retirement of debt.
The offering was made pursuant to an automatic shelf registration statement filed with the Securities and Exchange Commission on June 14, 2007. A prospectus supplement relating to the offering has been filed with the Securities and Exchange Commission.
The offering was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Morgan Stanley & Co. Incorporated, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department, 1-866-718-1649 or by e-mail at email@example.com, or from Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, New York, NY 10004, 1-866-471-2526 (telephone), 212-902-9316 (facsimile) or by email at firstname.lastname@example.org.
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the common stock or any other securities of the Company. No offer, solicitation or sale shall be made in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
Smithfield Foods is the world's largest pork processor and hog producer, with revenues exceeding $12 billion in fiscal 2009. For more information, visit http://www.smithfieldfoods.com/.
This press release contains "forward-looking" statements within the meaning of the federal securities laws. The forward-looking statements include statements concerning the Company's outlook for the future, as well as other statements of beliefs, future plans and strategies or anticipated events, and similar expressions concerning matters that are not historical facts. The Company's forward-looking information and statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the statements. These risks and uncertainties include the availability and prices of live hogs, raw materials, fuel and supplies, food safety, livestock disease, live hog production costs, product pricing, the competitive environment and related market conditions, the inability to refinance or otherwise amend our existing indebtedness on terms favorable to us or at all, hedging risk, operating efficiencies, changes in interest rate and foreign currency exchange rates, access to capital, the investment performance of the Company's pension plan assets and the availability of legislative funding relief, the cost of compliance with environmental and health standards, adverse results from on-going litigation, actions of domestic and foreign governments, labor relations issues, credit exposure to large customers, the ability to make effective acquisitions and successfully integrate newly acquired businesses into existing operations, the Company's ability to effectively restructure portions of its operations and achieve cost savings from such restructurings and other risks and uncertainties described in the Company's Annual Report on Form 10-K for fiscal 2009 and Quarterly Report on Form 10-Q for the first quarter of fiscal 2010. Readers are cautioned not to place undue reliance on forward-looking statements because actual results may differ materially from those expressed in, or implied by, the statements. Any forward-looking statement that the Company makes speaks only as of the date of such statement, and the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.
Smithfield Foods, Inc.
CONTACT: Keira Ullrich of Smithfield Foods, Inc., +1-212-758-2100,
Web Site: http://www.smithfieldfoods.com/
VerifySmart(TM) Targets 4.1 Billion Mobile Phone Customers Globally with Proprietary No-Fault Debit and Credit Card Fraud Prevention and Detection Technology
TAGUIG, Metro Manila, Philippines, Sept. 22 /PRNewswire-FirstCall/ -- VerifySmart (TM) Corp. (VSMR: OTCBB): ("VerifySmart" or the "Company"), a global leader in secure and fraud free credit and debit payment processing services, is quickly gaining traction in infrastructure-free leapfrog economies like Asia, where mobile device adoption accounts for more than two-thirds of the 4.1 billion mobile phones currently in use globally*. VerifySmart's core technologies are mobile device centric - a key security feature that sets the Company's applications suite apart from all others in the category.
VerifySmart(TM) attributes its success to a Company-wide focus on the future, and the combination of a burgeoning middle-class in Asia and India. "It is no secret that the mobile device is the central personal device of the future," says VerifySmart(TM) CEO Ralph Santos. "If we are to empower credit and debit card holders with their own financial transaction security, it makes sense to involve them in the transaction validation/rejection process via their personal mobile devices."
This perception resonates most clearly with consumers, data management providers, and financial institutions in developing markets like Asia, India and countries within the EU, where convergence happened outside of the infrastructure heavy environment that defines technological adoption in North America. "Already in Asia, consumers use their mobile devices for everything from vending machine purchases, to ordering groceries, to online education. Many emerging metropolitan centres sidestepped conventional landline telephones and went straight to cellular. On so many levels then, our card security solutions make perfect sense."
The Company believes that in relatively few years, current debit and credit card fraud prevention and detection technologies will be obsolete, including the current Chip and PIN technology. Chip and PIN technology, which originated in the UK in 2004 and launched recently in parts of North America has disappointed the industry. In 2008 APACS (Association of Payment Clearing Services) reported card-only fraud losses as a percentage of card turnover amounted to 0.12%. Prior to the introduction of Chip and PIN, this same statistic was 0.14% - a mere 0.02% reduction in losses gained at the expense of tens of millions in technology modifications.
Merchants and lenders could save billions in card fraud costs every year, by empowering themselves and card holders through VerifySmart(TM) enabled personal mobile devices.
"If I am a lender, I will look seriously at VerifySmart(TM) as a scalable way of drastically reducing card fraud losses and increasing my bottom line. As a consumer, I want a no-fault relationship with my lender and ownership of my security. I also want the reduced lending and transaction fees that should be a downstream benefit to consumers, once lenders and institutions realize the financial gains inherent in smart new credit and debit card fraud prevention and detection systems," concludes Santos.
The Company has executives in North America and Asia currently meeting with decision makers in leading financial institutions and data and service management companies.
* March 2009, International Telecommunications Union (ITU), agency of
How VerifySmart(TM) Technology Works
In smart contrast to Chip and PIN, VerifySmart(TM) provides a complete solution to lost or stolen cards, identity theft and cloned cards while putting control of the transactions directly in the hands of the card owner. VerifySmart(TM) has developed key technology that is simple yet effective. The cornerstone is an authentication model that decouples the verification and PIN process from the physical card or transaction medium offering the industry a new and proven fraud reduction mechanism.
VerifySmart's key benefit is a two-part authentication whereby a second source (mobile phone or PDA and a PIN) of identification which cannot be forged, is required to complete the transaction.
VerifySmart's credit and debit card fraud detection and prevention technology is patent and patent-pending (PCT approved) in 29 countries ranked by strategic importance and wireless penetration rates.
In addition, using VerifySmart's credit and debit card fraud detection and prevention technology, card transactions and other applications, such as internet transactions can be verified without requiring the banks and merchants to invest in new equipment and without major modifications to legacy systems.
VerifySmart(TM) Technology provides for verification through the end client's mobile device, such as a cell phone, with the transaction completely under the control of the card holder at all times. The process is simple and secure, uses technology that consumers and businesses alike are familiar with, does not require new hardware and only takes seconds to complete. VerifySmart's methodology uses a two factor system to verify both the transaction and unique owner credentials in real time creating a security model that is effectively impossible to breach.
VerifySmart's debit and credit card processing occurs in less than ten seconds, as follows:
- The merchant (or ATM machine) swipes the customer's card in the
- The debit signal transmits to the bank but before entering the bank's
system it is directed by VerifySmart(TM) to the card holder's mobile
- The card holder's mobile device is unique as to its phone number and
identity code so the transmission is secure to that one device;
- The card holder receives a cell phone message that a transaction is
in progress with their card for a named merchant and asks for
- The card holder then enters his unique PIN number to authorize the
transaction or refuses the transaction (if they do not acknowledge
with their PIN the transaction will fail);
- Upon receiving the authentication signal from the owner, the
VerifySmart system allows the signal to complete its journey to the
bank and the merchant receives the 'all clear'.
About VerifySmart(TM) Corp.
VerifySmart(TM) Inc designed and developed a Proprietary Hardware/Software Solution that solves Credit/Debit Card fraud by using two Factor Authentication.
The Company's Core Technology is designed to meet the needs of the Security challenged Transaction Processing Industry. Present day solutions, such as Verified by Visa, Chip and Pin and CVV Code (all of which can be compromised) have not reduced payment card fraud by any significant factor.
The VerifySmart(TM) solution has reduced fraud to zero in earlier production pilots. the Company's proven and highly scalable solution is gaining worldwide attention and placing VerifySmart(TM) at the forefront of the fraud prevention revolution.
Forward Looking Statements
This current report contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this current report which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainty of financial estimates and projections, the competitive and regulatory environment for start up software companies, stock market conditions, unforeseen technical difficulties and our ongoing ability to operate a business and obtain financing. These forward-looking statements are made as of the date of this current report, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Although we believe that our beliefs, plans, expectations and intentions contained in this current report are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the 2008 fiscal year, our quarterly reports on Form 10-Q and our other periodic reports filed from time-to-time with the Securities and Exchange Commission pursuant to the Securities Exchange Act.
Fort Legend Towers, Suite 2002 - 3rd Avenue corner 31st Street
E-Square, Fort Bonifacio Global City, Taguig
Metro Manila, Philippines
Questions or Feedback
CONTACT: Corporate Headquarters: Fort Legend Towers, Suite 2002 - 3rd
Avenue corner 31st Street, E-Square, Fort Bonifacio Global City, Taguig, Metro
Manila, Philippines, Investor Relations, 1-800-685-1584, Questions or
Feedback: email@example.com, http://www.verifysmart.com/
Angiotech Pharmaceuticals announces TAXUS(R) Libert (R) Stent continues to demonstrate significant improvements over TAXUS(R) Express(R) Stent in small vessels and long lesions
VANCOUVER, Sept. 22 /PRNewswire-FirstCall/ -- Angiotech Pharmaceuticals, Inc. today announced that its corporate partner, Boston Scientific Corporation , has released comprehensive data from the TAXUS ATLAS clinical program, a series of global, prospective, single-arm trials evaluating the TAXUS(R) Libert (R) Paclitaxel-Eluting Stent System in a variety of lesions and patient groups. Three-year results from the TAXUS ATLAS Small Vessel and Long Lesion Trials continue to show significant advantages for the newer TAXUS Libert Stent when compared to the first-generation TAXUS(R) Express(R) Stent. The data were presented at the 21st annual Cardiovascular Research Foundation's (CRF) annual Transcatheter Cardiovascular Therapeutics (TCT) scientific symposium in San Francisco.
The TAXUS ATLAS Small Vessel Trial was designed to evaluate the long-term safety and efficacy of the 2.25 mm diameter TAXUS(R) Libert (R) Atom(TM) Stent in small coronary vessels. The TAXUS ATLAS Long Lesion Trial was designed to assess the long-term safety and efficacy of the TAXUS(R) Libert (R) Long 38 mm Stent in patients with long coronary lesions. Boston Scientific remains the only company to offer both 2.25 mm diameter and 38 mm length drug-eluting coronary stents in the U.S.
Three-year results from the TAXUS ATLAS Small Vessel Trial demonstrated a statistically significant reduction in the rate of Target Lesion Revascularization (TLR) in small vessels treated with the TAXUS Libert Atom Stent as compared to the TAXUS Express Atom Stent (10.0% vs. 22.1%, p=0.008), representing a 55 percent relative risk reduction. Additionally, the three-year MACE rate for the TAXUS Libert Atom Stent was 19.5 percent as compared to 32.4 percent for the TAXUS Express Atom Stent (p=0.03), a relative reduction of 40 percent. The composite safety measure of cardiac death or myocardial infarction (MI, commonly referred to as heart attack) remained numerically lower at three years for the TAXUS Libert Atom Stent as compared to the TAXUS Express Atom Stent (6.5% vs. 7.4%, p=0.79).
"The TAXUS ATLAS Small Vessel Trial showed a sustained and significantly reduced risk of revascularization in small vessels for the TAXUS Libert Atom Stent as compared to the TAXUS Express Atom Stent out to three years," said Mark A. Turco, M.D., Director of the Center for Cardiac and Vascular Research, Washington Adventist Hospital, and Co-Principal Investigator of the trial. "Positive three-year data from the TAXUS ATLAS Long Lesion Trial showed the TAXUS Libert Long Stent significantly reduces the risk of MI and cardiac death in long lesions compared to the TAXUS Express Stent, while reporting zero percent stent thrombosis. These data, combined with the previously reported reduction in nine-month late-loss, suggest that these improvements are likely the result of the thinner struts and improved stent geometry of the TAXUS Libert Stent."
In the TAXUS ATLAS Long Lesion Trial, the TAXUS Liberte Long Stent demonstrated significantly improved safety outcomes when treating long lesions compared to the TAXUS Express Stent. The rate of cardiac death showed a significant 78 percent reduction in patients treated with the TAXUS Libert Long Stent compared to the TAXUS Express Stent (1.5% vs. 6.7%, p=0.03). Overall MI showed a significant 72 percent reduction at three years in patients receiving a single TAXUS Libert Long Stent compared to a single TAXUS Express Stent (2.9% vs. 10.4%, p=0.01). This improvement was primarily driven by a significant reduction in non-Q wave MI. The TAXUS Libert Long Stent had zero stent thrombosis at three years using either the Protocol definition or the ARC definite/probable definition while the control TAXUS Express Stent reported 0.8 percent stent thrombosis (p=0.49) using the Protocol definition and 3.9 percent (p=0.03) using the ARC definition.
Forward Looking Statements
Statements contained in this press release that are not based on historical fact, including without limitation statements containing the words "believes," "may," "plans," "will," "estimates," "continues," "anticipates," "intends," "expects" and similar expressions, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and constitute "forward-looking information" within the meaning of applicable Canadian securities laws. All such statements are made pursuant to the "safe harbor" provisions of applicable securities legislation. Forward-looking statements may involve, but are not limited to, comments with respect to our objectives and priorities for the remainder of 2009 and beyond, our strategies or future actions, our targets, expectations for our financial condition and the results of, or outlook for, our operations, research and development and product and drug development. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, events or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Many such known risks, uncertainties and other factors are taken into account as part of our assumptions underlying these forward-looking statements and include, among others, the following: general economic and business conditions in the United States, Canada and the other regions in which we operate; market demand; technological changes that could impact our existing products or our ability to develop and commercialize future products; competition; existing governmental regulations and changes in, or the failure to comply with, governmental regulations; availability of financial reimbursement coverage from governmental and third-party payers for products and related treatments; adverse results or unexpected delays in pre-clinical and clinical product development processes; adverse findings related to the safety and/or efficacy of our products or products sold by our partners; decisions, and the timing of decisions, made by health regulatory agencies regarding approval of our technology and products; the requirement for substantial funding to conduct research and development, to expand manufacturing and commercialization activities; and any other factors that may affect our performance. In addition, our business is subject to certain operating risks that may cause any results expressed or implied by the forward-looking statements in this press release to differ materially from our actual results. These operating risks include: our ability to attract and retain qualified personnel; our ability to successfully complete pre-clinical and clinical development of our products; changes in our business strategy or development plans; our failure to obtain patent protection for discoveries; loss of patent protection resulting from third-party challenges to our patents; commercialization limitations imposed by patents owned or controlled by third parties; our ability to obtain rights to technology from licensors; liability for patent claims and other claims asserted against us; our ability to obtain and enforce timely patent and other intellectual property protection for our technology and products; the ability to enter into, and to maintain, corporate alliances relating to the development and commercialization of our technology and products; market acceptance of our technology and products; our ability to successfully manufacture, market and sell our products; the availability of capital to finance our activities; our ability to restructure and to service our debt obligations; and any other factors referenced in our other filings with the applicable Canadian securities regulatory authorities or the Securities and Exchange Commission ("SEC"). For a more thorough discussion of the risks associated with our business, see the "Risk Factors" section in our annual report for the year ended December 31, 2008 filed with the SEC on Form 10-K, and our quarterly report for the three months ended June 30, 2009 filed with the SEC on Form 10-Q.
Given these uncertainties, assumptions and risk factors, investors are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we disclaim any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained in this press release to reflect future results, events or developments.
(C)2009 Angiotech Pharmaceuticals, Inc. All Rights Reserved.
About Angiotech Pharmaceuticals
Angiotech Pharmaceuticals, Inc. is a global specialty pharmaceutical and medical device company with over 1,500 dedicated employees. Angiotech discovers, develops and markets innovative treatment solutions for diseases or complications associated with medical device implants, surgical interventions and acute injury. To find out more about Angiotech , please visit our website at http://www.angiotech.com/.
Angiotech Pharmaceuticals, Inc.
CONTACT: DeDe Sheel, Investor Relations and Corporate Communications,
Angiotech Pharmaceuticals, Inc., (415) 293-4412,
NetDragon lance le test bÃªta ouvert pour la version arabe de << Conquer Online >>
HONG KONG, September 22 /PRNewswire/ --
NetDragon Websoft Inc., l'un des plus importants concepteurs et
exploitants de jeux en ligne en Chine (ci-après << NetDragon >> ou le
<< groupe >>, considérée avec toutes ses filiales ; code boursier : 777), a
annoncé aujourd'hui le lancement du test bÃªta ouvert pour la version arabe de
son populaire jeu << Conquer Online >>, le 22 septembre 2009 à 9 h (heure de
(Photo : http://www.newscom.com/cgi-bin/prnh/20090922/CNTU010)
Depuis ses débuts en 2003, << Conquer Online >> a été lancé en plusieurs
langues et s'est attiré les éloges de nombreux joueurs dans plus de 100 pays
et régions à travers le monde. Outre ses qualités typiques traditionnelles
telles que son style d'arts martiaux oriental et ses cinq modes de jeu
professionnel, la version arabe de << Conquer Online >> comprend également
des costumes de style arabe et comportera des tâches festives religieuses
basées sur le << Ramadan >> et le << Lesser Bairam >>. Un nombre accru de
tâches comme la << fÃªte du Corban >> et de modes professionnels comme <<
Ninja >> seront aussi lancés successivement.
Liu Luyuan, directeur exécutif et PDG de NetDragon, a déclaré : << En
2004, NetDragon a été la première société chinoise à exercer ses activités de
façon indépendante sur le marché étranger des jeux. Or, nous sommes
présentement l'un des plus importants exportateurs de jeux en ligne en Chine.
Grâce au lancement du test alpha ouvert de la version arabe de "Conquer
Online" au début de l'année, Conquer Online peut se targuer d'Ãªtre le premier
jeu en ligne chinois déployé à grande échelle à avoir percé avec succès le
marché du Moyen-Orient et de l'Afrique du Nord, affichant pour ce faire une
augmentation constante de son nombre de joueurs en ligne. Nous avons
d'ailleurs observé ces dernières années une croissance rapide du nombre
d'internautes arabes, ce qui montre bien le potentiel de croissance
relativement énorme que revÃªt le marché des jeux en ligne dans cette région.
NetDragon continuera de mettre l'accent sur les marchés émergents des jeux en
ligne, y compris la région arabe, en faisant tout ce qui est en son pouvoir
pour offrir aux joueurs du monde entier une expérience de jeu interactive
hors du commun. >>
Ã€ propos de NetDragon
NetDragon Websoft Inc. est un innovateur et une force créatrice de
premier plan dans l'industrie chinoise des jeux en ligne. Créée en 1999,
NetDragon exploite et conçoit une vaste gamme de jeux de rôle en ligne
massivement multi-joueurs (MMORPG - Massively Multiplayer Online Role-Playing
Games) depuis le lancement de son premier titre maison Monster & Me en 2002.
NetDragon est également un pionnier en Chine en ce qui a trait à l'expansion
à l'étranger. En effet, la société exploite directement ses titres sur des
marchés extérieurs en anglais et en d'autres langues étrangères depuis 2004.
Le portefeuille du groupe comprend une gamme de MMORPG qui répondent aux
différentes préférences de jeux et satisfont divers types de joueurs. Parmi
ces jeux figurent notamment Way of the Five, Eudemons Online, Conquer Online,
Zero Online et Heroes of Might & Magic Online. Le groupe compte aussi
plusieurs jeux en cours de développement, soit Tian Yuan, Disney Fantasy
Online, CJ7 Online, Dungeon Keeper Online et une nouvelle version d'Ultima
NetDragon Websoft Inc.
Mme Maggie Zhou (département des relations avec les investisseurs) de NetDragon Websoft Inc., +86-591-8754-3120, ou firstname.lastname@example.org. Photo : NewsCom: http://www.newscom.com/cgi-bin/prnh/20090922/CNTU010
Medialink Special Meeting on September 25, 2009Shareholders to Vote on Merger Agreement
NEW YORK, Sept. 22 /PRNewswire-FirstCall/ -- Medialink Worldwide Incorporated , a leading provider of diversified media services for professional communicators and marketers, today announced a reminder that its Special Meeting of shareholders is being held on Friday, September 25. The sole purpose of the Special Meeting is to approve the proposed Agreement and Plan of Merger with The NewsMarket pursuant to which shareholders will receive $0.20 per share. No other business will take place at the Special Meeting.
All shareholders of record as of August 3, 2009, are eligible to vote on the merger. Every vote counts and it is extremely important that shareholders cast their vote prior to the meeting date. Shareholders who want to vote their shares or obtain proxy materials can call Mellon Investor Services at (800) 814-0304 on Monday through Friday between 9am EDT and 5pm EDT.
Medialink is a leader in providing unique news and marketing media strategies and solutions that enable corporations and organizations to inform and educate their target audiences with maximum impact on television, radio, and the Internet. Based in New York, Medialink has offices in major cities throughout the United States. For additional investor and financial information, please visit the Investor Relations section of the Company's website (http://www.medialink.com/).
About The NewsMarket:
The NewsMarket is the leading platform used by global brands, governments and NGOs to communicate with all their key audiences using video. The NewsMarket combines award-winning, proprietary technology with a unique, strategic approach to support the marketing programs of the world's leading brands. The company's media site (http://www.thenewsmarket.com/) is used by more than 25,000 media outlets in 190 countries to view and order free news video. Headquartered in New York, the company also has offices in London, Ahmedabad, Mumbai, Beijing and San Francisco.
With the exception of the historical information contained in the release, the matters described herein contain certain "forward-looking statements" that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Actual results may vary materially from those expressed or implied by the statements herein. Such statements may relate, among other things, to our ability to respond to economic changes and improve operational efficiency, the benefits of our products to be realized by our customers, or our plans, objectives, and expected financial and operating results. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances or using words such as: will, believe, anticipate, expect, could, may, estimate, project, plan, predict, intend or similar expressions that involve risk or uncertainty. These risks and uncertainties include, among other things, our recent history of losses; our ability to achieve profitability; our ability to obtain financing or other capital; our ability to remain a going concern and remain in operation; the financial stability of our clients; potential regulatory action; worldwide economic weakness; geopolitical conditions and continued threats of terrorism; effectiveness of our cost reduction programs; the receptiveness of the media to our services; changes in our marketplace that could limit or reduce the perceived value of our services to our clients; our ability to develop new services and market acceptance of such services, such as Mediaseed ; the volume and importance of breaking news, which can have the effect of crowding out the content we produce and deliver to broadcast outlets on behalf of our clients; our ability to develop new products and services that keep pace with technology; our ability to develop and maintain successful relationships with critical vendors; future acquisitions or divestitures, which may adversely affect our operations and financial results; the absence of long term contracts with customers and vendors; and increased competition, which may have an adverse effect on pricing, revenues, gross margins and our customer base. More detailed information about these risk factors is set forth in filings by Medialink Worldwide Incorporated with the Securities and Exchange Commission, including the Company's registration statement, most recent quarterly report on Form 10-Q, most recent annual report on Form 10-K and other publicly available information regarding the Company. Medialink Worldwide Incorporated is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Medialink Worldwide Incorporated
CONTACT: Kenneth Torosian, Chief Financial Officer of Medialink
Worldwide Incorporated, +1-212-682-8300, IR@medialink.com
Web Site: http://www.medialink.com/
New IBM Lotus Connections Software Brings Consumer Social Networking Features to the OfficeClients Quick to Adopt New Micro-blogging, Wikis and File Sharing to Work Smarter
CAMBRIDGE, Mass., Sept. 22 /PRNewswire-FirstCall/ -- IBM today announced an expanded set of social software tools and capabilities for enterprise collaboration that brings popular features like micro-blogging from the home into the business environment. Leading companies such as NEC Electronics (Europe) GmbH and Sogeti are among the early adopters of IBM's collaboration platform, Lotus Connections 2.5.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
(Photo: http://www.newscom.com/cgi-bin/prnh/20090922/NY79783-a )
(Photo: http://www.newscom.com/cgi-bin/prnh/20090922/NY79783-b )
Realizing the benefits of Web 2.0 and Enterprise 2.0, IBM is bringing a comprehensive social software platform to businesses with the debut of Lotus Connections 2.5. The new software is being announced at an IBM worldwide collaboration summit in Cambridge, Massachusetts attended by hundreds of customers, partners and IBM experts gathered to discuss future developments in enterprise collaboration.
Today's Lotus Connections news is also taking place in conjunction with IBM's Center for Social Software Symposium this week, marking the one-year anniversary of the launch of the Center for Social Software. Lotus Connections, which originated at IBM Research, is an example of the types of technologies that result from the Center for Social Software's incubator for innovative technologies.
The new release of Lotus Connections expands on IBM's commitment to bringing a business-grade social software platform to the market. With the extranet, Internet and intranet collaboration services provided by IBM and IBM customers, Lotus Connections enables tens of millions of users worldwide to connect and collaborate.
For Lotus Connections beta program participant Sogeti, a Capgemini subsidiary specializing in technology services, there was a great need to connect the firm's 20,000 people spread across 200 offices in 14 countries. Following an extensive analysis, where all available options were reviewed, Sogeti turned to Lotus Connections for its social networking and collaborative functionality.
"Our people are our only and most valuable asset. We needed a powerful tool to connect our people all over the world, providing them with a social platform that would allow them to share information and collaborate," said Michiel Boreel, CTO at Sogeti Group. "We chose Lotus Connections because it is a powerful collaboration platform that goes way beyond simple sharing of documents and furthermore, it is people centric instead of project or document centric. We believe that this is the future of collaboration and we want to position ourselves in the frontline of this new trend."
Lotus Connections 2.5 includes an enhanced Communities experience with new features and capabilities. Community owners can now customize the appearance of their community and move widgets around on the community home page. Community owners can add activities, blogs, wikis, and file sharing services to their communities in addition to bookmarks, feeds, and forum capabilities. This significantly enhances the options for community members to collaborate on projects and content.
Additionally, the user interface of the community discussion forum now displays threads in a more conversational format with user photos. A statistics feature indicates the most popular discussion topics in a community and provides insight into which users are the most active participants. Important discussion topics can be highlighted with the capability to pin them at the top of the forum.
The new Wiki service allows designated users to create, view, edit and contribute to content that is uploaded to the intranet-style collaborative Web site. As many people may be editing a single page, the wiki has automatic versioning and a "show changes" view so that users can easily view the latest versions and edits.
The Profiles service is enhanced with a micro-blogging feature that allows users to post status updates on tasks they are working on. This enables users within their professional network to see what they are working on and offer comments. A new message board feature offers a place on a user's profile page where colleagues can post messages and comment on status updates. The combination of the message board and micro-blogging capabilities provides a simple and easy way for people to maintain active connections to their colleagues.
The latest version of Lotus Connections provides a new, Web-based file sharing library for users to easily upload and securely share content such as presentations and documents. Utilizing social software features such as tagging, ratings, recommendations, and the ability to comment, the solution offers an effective way for colleagues to share, view and provide feedback on content.
New integrated mobile support for iPhone and Nokia S60 devices allows access to the Lotus Connections Profiles, Activities and Blog services. Now professionals that travel frequently or work remotely can update their status and locate people in their profiles directly from mobile devices.
Additionally, the new Lotus Connections release offers a number of enhancements to existing services including Home Page, Blogs, Bookmarks and Activities offered in the previous version of the platform.
"With Lotus Connections, we have merged document sharing and social networking capabilities to create a comprehensive collaboration platform for businesses," said Jeff Schick, vice president of social software, IBM. "Today's announcement showcases how IBM is delivering easy access to a company's two most valuable assets - people and information."
NEC Electronics (Europe) GmbH expanded on an existing relationship with IBM, adding Lotus Connections to their line-up of IBM products, including Sametime and Lotus Notes.
"With rich social collaboration features such as profiles and tagging, our expectations are that our employees will be able to easily find topic experts and colleagues that are working on similar projects," said Dieter Peter, Senior Manager Human Resources, NEC Electronics (Europe) GmbH. "Lotus Connections offers knowledge sharing across borders. Everyone will adopt this technology sooner or later."
Since Lotus Connections is based on industry standards, it offers integration with Microsoft SharePoint. This integration allows users to perform Lotus Connections Profile searches from within Microsoft SharePoint, integrate Lotus Connections Business cards within Microsoft SharePoint and provides access to a Lotus Connections tag cloud Web part for use in Microsoft SharePoint.
Lotus Connections 2.5 is available now in 25 languages. For more information on Lotus Connections, visit http://www.ibm.com/lotus/connections or view a demo at: http://www.youtube.com/watch?v=WrxNSUxonjw.
IBM Software Group
CONTACT: Meredith Hannon, IBM Software Group, +1-512-740-3285,
J.D. Power and Associates Reports: Decreased Satisfaction With Ownership Costs and Service Drive Decline in Overall New-Vehicle Ownership Satisfaction in MexicoDodge, Ford, Honda, Mazda, Mercedes-Benz, Pontiac and Toyota Models Rank Highest in Ownership Satisfaction in Their Respective Segments
WESTLAKE VILLAGE, Calif., Sept. 22 /PRNewswire/ -- Overall new-vehicle owner satisfaction has declined slightly in the Mexico market, with tough economic times driving dissatisfaction with vehicle ownership costs and dealership service, according to the J.D. Power and Associates 2009 Mexico Vehicle Ownership Satisfaction Study(SM) released today.
Now in its sixth year, the study measures new-vehicle ownership satisfaction with 2008 model-year vehicles in Mexico. Overall satisfaction is determined by measuring customer experiences in four areas: vehicle quality and reliability; vehicle appeal (satisfaction with the design, style, performance and comfort of the vehicle); dealership service (satisfaction with the dealer service department); and ownership costs.
After reaching record-high levels in 2008, overall ownership satisfaction in Mexico has declined slightly in 2009 to an average of 821 on a 1,000-point scale--down four points from 2008. This marks the first decline in overall satisfaction since the study's inception in 2004. While satisfaction levels for vehicle quality and reliability and vehicle appeal have remained stable, satisfaction with ownership costs and dealership service have each declined by seven index points from 2008.
For many owners, the cost of fuel is the primary reason for decreased satisfaction with ownership costs.
In the area of dealer service, owners indicate they are considerably less satisfied with service initiation and service quality in 2009, compared with 2008. In addition, the percentage of owners who report taking their vehicle to the dealership for service has declined to 79 percent in 2009 from 82 percent in 2008.
"As has occurred in other parts of the world, the global economic downturn has had an adverse effect on new-vehicle sales in Mexico; however, in some countries and industries, lower sales and service volumes have resulted in higher levels of customer satisfaction," said Richard Cooper, vice president, Canada and Latin America at J.D. Power and Associates. "Automotive brands and dealers in the Mexico market have a prime opportunity to elevate service satisfaction levels. With lower sales volumes, each customer represents valuable revenue, whether for sales or service. Providing high levels of satisfaction is critical in retaining customers and fostering loyalty in both areas at the dealership."
The study also finds that owners who are highly satisfied with the service experience at their dealer (providing a rating of seven on a seven-point scale) give an average of four positive service location recommendations, while owners who are dissatisfied (providing a rating of two or lower on a seven-point scale) give six negative comments, on average.
The study also examines new-vehicle models according to vehicle segment. The highest-ranking models by segment are:
Entry Sub-Compact Car: Pontiac Matiz (for a second consecutive year)
Upper Sub-Compact Car: Honda Fit (for a second consecutive year)
Compact Car: Mazda 3
Midsize Car: Toyota Camry (for a second consecutive year)
Entry Premium Car: Mercedes-Benz C-Class (for a third consecutive year)
Entry SUV: Toyota RAV4 (for a second consecutive year)
Minivan: Toyota Sienna
Entry Pickup Truck: Dodge Dakota
Full-Size Pickup Truck: Ford Lobo
Among the 21 nameplates ranked in the study, those that have improved from 2008 are Cadillac, Dodge, Ford, GMC and Mercedes-Benz.
The 2009 Mexico Vehicle Ownership Satisfaction Study is based on responses from 5,526 owners of 2008 model-year vehicles. Respondents were interviewed in six of Mexico's largest auto markets-- Guadalajara, Mexico City, Monterrey, Puebla, Queretaro and Veracruz--and were asked to evaluate their experiences during the first 6 to 18 months of ownership. The study was fielded between April and July 2009.
Top Three Models per Segment
Entry Sub-Compact Car
Highest Ranked: Pontiac Matiz
Upper Sub-Compact Car
Highest Ranked: Honda Fit
Highest Ranked: Mazda 3
Highest Ranked: Toyota Camry
Entry Premium Car
Highest Ranked: Mercedes-Benz C-Class
Highest Ranked: Toyota RAV4
Toyota FJ Cruiser
Highest Ranked: Toyota Sienna
Entry Pickup Truck*
Highest Ranked: Dodge Dakota
Full-Size Pickup Truck*
Highest Ranked: Ford Lobo
Dodge Ram Pickup LD
NOTE: There must be at least four models with sufficient sample in any given award segment for an award to be presented. In 2009, there are only three midsize SUV models, two large SUV models and three premium SUV models with sufficient sample, thus no midsize SUV, large SUV and premium SUV awards are presented.
*No other model in this segment performs above the segment average.
About J.D. Power and Associates
Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services company operating in key business sectors including market research, forecasting, performance improvement, Web intelligence and customer satisfaction. The company's quality and satisfaction measurements are based on responses from millions of consumers annually. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at http://www.mcgraw-hill.com/.
J.D. Power and Associates Media Relations Contacts:
John Tews; Troy, Mich.; (248) 312-4119; email@example.com
Syvetril Perryman; Westlake Village, Calif.; (805) 418-8103;
No advertising or other promotional use can be made of the information in this release without the express prior written consent of J.D. Power and Associates. http://www.jdpower.com/corporate
Available Topic Expert(s): For information on the listed expert(s), click appropriate link.
PRN Photo Desk, firstname.lastname@example.org
J.D. Power and Associates
CONTACT: John Tews, Troy, Mich., +1-248-312-4119,
email@example.com, or Syvetril Perryman, Westlake Village, Calif.,
+1-805-418-8103, firstname.lastname@example.org, both of J.D. Power and Associates
Web Site: http://www.jdpower.com/
Continental Energy Engages Pointe Atlantic
JAKARTA, Indonesia, Sept. 22 /PRNewswire-FirstCall/ -- Continental Energy Corporation (BULLETIN BOARD: CPPXF) (the "Company") an emerging international oil and gas company, today announced the engagement of Pointe Atlantic, Inc., a leading investment banking firm, as its financial advisor and exclusive placement agent to assist the Company with its growth initiatives, including, but not limited to, identifying acquisition or merger candidates on a global basis, raising capital, and other related activities.
"Particularly in today's economic environment, there are numerous opportunities on a global basis to expand our business through the creation of synergistic relations and business combinations," said Richard L. McAdoo, Continental Chairman and Chief Executive Officer. "We will look to our investment banker to help facilitate and evaluate potential transactions, including the raising of additional capital, as we seek opportunities that will enhance our growth and shareholder value."
Peter M. Peterson, Chief Executive Officer of Pointe Atlantic, Inc. stated: "We look forward to our relationship with Continental regarding equity financing and other potential transactions in the near future such as joint ventures, strategic alliances and opportunistic acquisitions. The Company has a solid track record and a highly qualified management team, these are strengths coupled with global opportunities in the oil and gas industry."
On behalf of the Company,
Richard L. McAdoo, CEO
About Continental Energy Corporation - Continental is a small and aggressive oil and gas exploration company focusing its efforts on making large commercial discoveries and establishing petroleum production in low to medium risk, but high potential reward, international properties; particularly in Indonesia.
About Pointe Atlantic, Inc. - Pointe Atlantic is a full-service investment-banking and financial advisory firm headquartered in Tampa, Florida. Pointe specializes in customized financial advisory assignments including capital raising, debt placement, strategic and financial partnerships, and mergers and acquisitions.
Further Info: http://www.continentalenergy.com/ and after 9/24/09 http://agoracom.com/ir/continentalenergy
No securities regulatory authority has either approved or disapproved the contents of this news release.
Certain matters discussed within this press release may be forward-looking statements within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Although Continental believes the expectations reflected in such forward-looking statements including reserves estimates, production forecasts, feasibility reports and economic evaluations are based on reasonable expectations and assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, oil and gas prices, drilling program results, regulatory changes, political risk, terrorism, changes in local or national economic conditions and other risks detailed from time to time in Continental's periodic filings with the US Securities Exchange Commission.
Continental Energy Corporation
CONTACT: Continental Energy Corporation, +1-214-800-5135; or AGORACOM
Investor Relations, email@example.com
Web Site: http://www.continentalenergy.com/
Dynatronics to Supply Western Rehabilitation Health Network's 114 Clinics
SALT LAKE CITY, Sept. 22 /PRNewswire-FirstCall/ -- Dynatronics Corporation announced it has signed a preferred vendor agreement to provide therapy equipment and medical supplies to Western Rehabilitation Health Network, an independent physical therapy, occupational therapy and speech-language pathology outpatient network which includes 114 clinics in Utah, Idaho and Colorado.
"We're pleased to be working with such a fine group of clinics as Western Rehabilitation Health Network," said Larry K. Beardall, Executive Vice President of Sales and Marketing at Dynatronics. "Western Rehabilitation Health Network is known for excellence in patient treatment. Our partnership will benefit the lives of many thousands of patients who need medical supplies and therapy services."
According to Rhonda Noble, Executive Director of Western Rehabilitation Health Network, "We chose Dynatronics to be our preferred supplier in part because of their reputation of providing a high level of local customer service, their extensive product offering and product support. Their newly expanded catalog provides a broad range of value-based products for our practitioners and patients."
With an expanded distribution channel of 45 direct sales representatives in 34 states, Dynatronics has begun actively seeking contracts with large chains of clinics, hospitals and group purchasing organizations (GPOs). "We look forward to announcing contracts with other large chains of clinics soon," added Beardall.
Dynatronics manufactures, markets and distributes advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, sports medicine, chiropractic, podiatry, plastic surgery, dermatology and other related medical, cosmetic and aesthetic markets. More information regarding Dynatronics is available at http://www.dynatronics.com/.
This press release contains forward-looking statements. Those statements include references to the company's expectations of "announcing contracts with other large chains of clinics soon." Actual results may vary from the views expressed in the forward-looking statements contained in this release. The development and sale of the company's products are subject to a number of risks and uncertainties, including, but not limited to, changes in the regulatory environment, competitive factors, inventory risks due to shifts in market demand, market demand for the company's products, availability of financing at cost effective rates, and the risk factors listed from time to time in the company's SEC reports including, but not limited to, the report on Form 10-KSB for the year ended June 30, 2008, and its subsequent quarterly reports on Form 10-QSB.
CONTACT: Bob Cardon of Dynatronics Corporation, 1-800-874-6251,
Web Site: http://www.dynatronics.com/
Tim Hortons Inc. Public Company Merger and Reorganization ApprovedCanadian public company transaction scheduled to become effective September 28th, 2009
OAKVILLE, ON, Sept. 22 /PRNewswire-FirstCall/ -- Tim Hortons Inc. announced voting results on a proposed merger transaction (the "merger") to reorganize the Company as a Canadian public company, before its stockholders at the Special Meeting of Stockholders held earlier today. A total of approximately 74% of the 180,680,748 common shares of the Company entitled to vote at the meeting were voted, with approximately 99% in favor of the transaction.
Absent any unforeseen circumstances, Tim Hortons expects to proceed with the completion of the transaction, with the merger and reorganization to become effective on September 28th, 2009.
Pursuant to the approval of the Company's stockholders today, THI Mergeco Inc., a Delaware corporation and a wholly-owned subsidiary of Tim Hortons Inc., a corporation incorporated under the Canada Business Corporations Act, will merge with and into our existing public company, incorporated under the laws of the State of Delaware. As a result of the reorganization, the new Canadian public company, also known as Tim Hortons Inc., which is currently a wholly-owned subsidiary of the existing public company, will become the parent company of Tim Hortons group of companies. After the reorganization, Tim Hortons expects to continue to conduct our business in substantially the same manner as it does today.
Tim Hortons stockholders will have their existing common stock automatically converted into an equal number of common shares in the new Canadian public company. Upon completion of the merger and reorganization, Tim Hortons shares will be traded on both the Toronto Stock Exchange and New York Stock Exchange under the same stock symbol "THI".
Safe Harbor Statement
Certain information in this news release, particularly information regarding management's plans, including expectations for future operations and the successful completion of the plan of merger, is forward-looking as contemplated under the Private Securities Litigation Reform Act of 1995. Various factors including those described as "risk factors" in the Company's 2008 Annual Report on Form 10-K, filed February 26, 2009, and those risk factors set forth in our Safe Harbor Statement, as well as other possible factors not listed or described in the foregoing, could affect the Company's actual results and cause such results to differ materially from those expressed in forward-looking statements. As such, readers are cautioned not to place undue reliance on forward-looking statements contained in this news release, which speak only as of the date hereof. Except as required by applicable securities laws, the Company undertakes no obligation to publicly release any revisions to the forward-looking statements contained in this release, or to update them to reflect events or circumstances occurring after the date of this release, or to reflect the occurrence of unanticipated events, even if new information, future events or other circumstances have made the forward-looking statements incorrect or misleading. Please review the Company's Safe Harbor Statement at http://www.timhortons.com/en/about/safeharbor.html.
Tim Hortons Inc. Overview
Tim Hortons is the fourth largest publicly-traded quick service restaurant chain in North America based on market capitalization, and the largest in Canada. Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee, flavored cappuccinos, specialty teas, home-style soups, fresh sandwiches, donuts and fresh baked goods. As of June 28th, 2009, Tim Hortons had 3,475 systemwide restaurants, including 2,939 in Canada and 536 in the United States. More information about the Company is available at http://www.timhortons.com/.
Tim Hortons Inc.
CONTACT: Investors: Scott Bonikowsky, (905) 339-6186 or
firstname.lastname@example.org; Media: David Morelli, (905) 339-6277 or
Quepasa Introduces Virtual Gifting and Virtual Currency Strategy Using QDollars and QPoints
WEST PALM BEACH, Fla., Sept. 22 /PRNewswire-FirstCall/ -- Quepasa Corporation (Pink Sheets: QPSA), one of the world's fastest-growing Latino social networks, today announced the release of its virtual currency, QDollars and QPoints, to be used for virtual gifting across the popular social networking site. Quepasa users can now buy QDollars or earn QPoints on the site and use that currency to send a broad range of virtual gifts from the Quepasa storefront. "Quepasa.com is about self-expression and we wanted to facilitate our users' interest in communicating with friends by offering them a unique selection of both premium and standard virtual gifts," says Quepasa's CEO, John Abbott.
Over the next several months, Quepasa plans to expand the uses of the virtual currency with more premium gifts, payment methods and applications that can facilitate virtual gifting among Quepasa's user base. Abbott adds, "The goal of the virtual economy is to expand it across all of the active communities, games and features of Quepasa. Today, our users can send each other virtual gifts and they can use virtual gifts as part of the competition in our Playboy Latino community. Over time, they will be able to leverage virtual gifting as part of a broader social gaming and premium services strategy envisioned by Quepasa."
Seeing the tremendous revenue potential of other virtual gifting and social gaming companies and the engagement and site traffic that these applications can drive, Quepasa intends to deliver a unique set of virtual items and applications targeted to their Latino user base. We believe that these new features on Quepasa.com will help continue to drive the growth of the business.
As part of this strategy, Quepasa also announces its partnership with leading virtual economy data platform provider, Twofish, a Live Gamer company. The company was selected from several vendors as the platform of choice to power the virtual economy for Quepasa.com. "We felt that they had the most robust feature set and the easiest implementation for our global virtual economy. It will allow us to easily scale up to handle multiple currencies from several application providers and give us broader coverage with various payment providers across our growing Latin American user base," notes Steve Kaplan, VP of Product Management for Quepasa.
Live Gamer President and Co-Founder, Andrew Schneider adds, "We are pleased that our total commerce solution has been selected to power Quepasa's virtual economy. They have a very ambitious and comprehensive strategy for deploying virtual currency-driven applications and the Live Gamer platform will help Quepasa optimize revenues while offering users a compelling virtual shopping and gifting experience."
The release of Quepasa's virtual currency is the latest news in Quepasa's growing success story. Since its launch as a social network focused on the growing Latino population just over 15 months ago, Quepasa has seen its user base grow to close to five million registered users. This number continues to grow at an impressive pace because of Quepasa's differentiated strategy of premium Latino content and entertainment. To date, this growth has been achieved solely through the viral acquisition, powered by Quepasa's user base.
About Quepasa Corporation
Quepasa Corporation, headquartered in West Palm Beach, FL with offices in Los Angeles, CA; Sao Paulo, Brazil; Scottsdale, AZ; Miami, FL; and Hermosillo, MX, owns Quepasa.com (http://www.quepasa.com/), one of the world's largest, trilingual, Latino social networks. Quepasa.com is an authentic Latino community that provides fun, interactive, and easy to use social tools, and rich multimedia content in English, Spanish and Portuguese to embrace Latinos everywhere, and empower them to connect online, compete in contests and games and share their interests, ideas, and activities.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"") including those relating to our plan to expand the uses of virtual currency, potential revenue from virtual gifting, our intention to deliver a unique set of virtual items, our belief that the new features on Quepasa.com will help continue to drive growth, the potential of Live Gamer to optimize revenues and the continued growth of our registered user base. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include changes in the public's approach to social network needs, global economic conditions and the continued slump in the capital and credit markets. Further information on Quepasa's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2008. Quepasa does not undertake any duty nor does it intend to update the results of these forward-looking statements.
Mike Matte, Chief Financial Officer
CONTACT: Mike Matte, Chief Financial Officer of Quepasa Corporation,
Web Site: http://www.quepasa.com/
W2 Energy meetings in Florida produce positive results.
TORONTO, Sept. 22 /PRNewswire-FirstCall/ -- W2 Energy Inc. (PINKSHEETS: WTWO) is pleased to announce that the meetings in Miami Florida on September 7th were extended a further week to facilitate new interest and has lead to the request of additional meetings with international representatives to further negotiations on W2 Energy's algae to diesel and coal to diesel technologies.
W2 Energy's marketing partner held multiple meetings starting from September 7 to September 14 with representatives from 5 companies and 1 government official.
W2 Energy recently announced that it had received a sample of high quality coal that will be processed in W2 Energy's NT Plasmatron non thermal plasma reactor. All test data results will be the focus at the second meeting.
W2 Energy's plasma technology incorporated with its SteamRay Steam Engine, its Multi-Fuel Gas-to-Liquid Reactor along with its Sunfilter allows coal to be processed in a closed loops system, producing Synthetic Fuel, Electricity and sequester the greenhouse gasses to produce algae.
The algae then can be used as a source of oil for biodiesel producers, or as a protein source in the pet food industry. W2 Energy will be using the algae produced from these systems as feedstock for its NT Plasmatron synthetic fuel systems.
W2 Energy continues to develop products that present low cost energy solutions to treatment of waste. This system is closed with no emissions and a net user of CO2.
The W2 Energy technology is a system that easily deals with waste that has been historically difficult to deal with. The W2 Energy waste to energy plant also generates carbon credits that are becoming more and more valuable.
Remember that with a W2 Energy waste to energy plant garbage becomes a Renewable Resource.
W2 Energy trades in the United States on the OTC under the symbol "WTWO". For further information, please contact Mike McLaren at (519) 341 3185 or http://www.w2energy.com/.
NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions, risk in product development, market acceptance of new products and continuing product demand, level of competition and other factors described in Company reports and filings with regulatory bodies.
W2 Energy, Inc
CONTACT: W2 Energy Inc, Info@w2energy.com, http://www.w2energy.com/, phone (519)
HealthFitness President Gregg O. Lehman Named to DMAA Board of DirectorsIndustry group selects Lehman to help lead efforts to promote population health improvement
MINNEAPOLIS, Sept. 22 /PRNewswire-FirstCall/ -- DMAA: The Care Continuum Alliance named Gregg O. Lehman, Ph.D., HealthFitness president and chief executive officer, to its board of directors Sept. 21. Health Fitness Corporation (NYSE Amex: FIT) is a leading provider of integrated employee health and productivity management solutions.
DMAA is an industry association focused on promoting the role of population health improvement in raising the quality of care, improving health outcomes and reducing preventable health care costs. Lehman's term on the DMAA Board of Directors began Sept. 21, 2009.
"Our board is made up of influential stakeholders who recognize the importance of emphasizing healthful behaviors and evidence-based care in preventing and managing chronic conditions," Tracey Moorhead, DMAA president and chief executive officer, said. "We're delighted to have Gregg, who is such a strong leader in the wellness community, join our board."
DMAA members include wellness, disease and care management organizations, pharmaceutical manufacturers, health information technology innovators, biotechnology innovators, employers, physicians, researchers and academicians.
"I look forward to contributing to the DMAA Board of Directors during this exciting time in health care reform and having the opportunity to influence DMAA's efforts with advocacy, research and the promotion of best practices with population health strategies," Lehman said.
HealthFitness is an award-winning provider of integrated health promotion and fitness management solutions to Fortune 500 companies, the health care industry and individual consumers. With 30-plus years of experience, HealthFitness partners with employers to effectively manage health care and productivity costs by improving individual health and well- being. HealthFitness provides a portfolio of solutions, including best-in-class integration, INSIGHT Health Risk Assessments, screenings, EMPOWERED(TM) Health Coaching, and fitness facility design and management. For more information on HealthFitness, visit http://www.hfit.com/.
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Connectivity Becomes Major Contributor to Mobile Revenue Growth in Mexico, Finds Pyramid
CAMBRIDGE, Mass., Sept. 22 /PRNewswire/ -- Data services in Mexico will grow to represent 25 percent of the total market in 2014 from 15 percent in 2009, as connectivity becomes one of the most dynamic contributors to total mobile revenue growth in the coming years, according to the latest report from Pyramid Research (http://www.pyr.com/), the telecom research arm of the Light Reading Communications Network (http://www.lightreading.com/).
Communications Markets in Mexico offers a precise, incisive profile of the country's converged telecommunications, media, and technology sectors based on proprietary data from our research in the Mexican market. This 29-page report provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies such as WiMax, IPTV, and VoIP. This executive study provides a comprehensive view of the Mexican communications market by analyzing key trends, evaluating near-term opportunities and assessing upcoming risks factors. Download an excerpt of this report here: http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR092209_CIRMEX
Mexico remains one of the most attractive communications markets in Latin America given its size; by year-end 2008, it was the second-largest market in the region at $27.1 billion, notes Cesar Jimenez, Senior Analyst at Pyramid Research and author of the report. "Over the next five years, Pyramid Research expects Mexico's total market revenue to reach $29.9 billion, with mobile services revenue to account for 61 percent of the total market," he says. "Main drivers of the growth are the expected expansion of mobile subscriptions - fueled by intensified competition between Movistar and Telcel, which is helping to bring down the prices of services and to boost mobile data adoption - data services uptake, and the adoption of multiplay bundles."
"The increasing adoption of advanced portable devices and the growing interest in mobile content and wireless broadband connectivity are strong signs of sustained demand for non-messaging mobile data services in Mexico," Jimenez says. "Pyramid expects connectivity to become one of the most dynamic contributors to total mobile revenue growth in the coming years," he adds.
Pyramid projects that mobile broadband and infotainment services together will represent 64 percent of total data revenue in 2014. The evolution of Ideas Telcel, Iusacell's netbook bundles and Movistar's exclusive content is fueling competition in the mobile broadband market.
Communications Markets in Mexico is part of Pyramid Research's Latin America Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments, and competitive dynamics for 60 countries worldwide. Download an excerpt of this report here: http://www.pyramidresearch.com/downloads.htm?id=18&sc=PR092209_CIRMEX
Communications Markets in Mexico is priced at $990 and can be purchased online here: http://www.pyramidresearch.com/store/CIRMEXICO.htm?sc=PR092209_CIRMEX or through Amalia Vega via email at firstname.lastname@example.org or telephone at +1 809 330 4520.
For more information about Pyramid Research's products and services, please visit http://www.pyr.com/ or contact us at email@example.com.
About Pyramid Research
Pyramid Research (http://www.pyr.com/) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries - a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (http://www.lightreading.com/) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on number of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print, and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/.
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Delta Waterfowl Begins Arctic Armor Promotion
PITTSBURGH, PA, Sept. 22 /PRNewswire-FirstCall/ -- Delta Waterfowl http://www.deltawaterfowl.org/ has begun the special promotion to its entire membership, offering the Arctic Armor Delta Waterfowl suit at a substantial savings. Delta Waterfowl members are now able to access the information on the Delta Waterfowl website via the "Special Offers" tab located on their homepage. The members can then easily order by accessing the Innovative Designs Inc website through a hyperlink that is present. Delta Waterfowl will notify its extensive membership of this offer in its monthly newsletter on October 7th. Joseph Riccelli, CEO of Innovative Designs Inc. (IVDN.OB) commented, "We are pleased that all of the pieces are now in place, on both our website and the Delta Waterfowl website, to allow easy access to information and ordering. We look forward to the information being given to all of the Delta Waterfowl members in the upcoming newsletter." A portion of the proceeds on every suit will be donated to Delta Waterfowl to assist them in their continuing efforts to enhance waterfowl hunting across North America.
Innovative Designs, Inc. manufactures the Arctic Armor(TM) Line, hunting apparel, swimwear, wind shirts, jackets, and the multi-function "All in One" under the "i.d.i.gear" label featuring INSULTEX(TM). INSULTEX(TM) is the thinnest, lightest and warmest insulator in the market today. For more information, please visit http://www.idigear.com/.
Certain statements in this press release constitute "forward-looking" statements as defined by federal law. Such statements are based on assumptions, but there is no assurance that actual outcomes will not be materially different as those implied. Any such statements are made in reliance on the "Safe Harbor" protections provided under the Private Securities Reform Act of 1995 and are subject to various factors, including the risks and matters discussed in the Company's SEC filings available at http://www.sec.gov/
Innovative Designs Inc.
CONTACT: Joseph Riccelli, (P) (412) 799-0350
Affinia Hotels Launches a 'Comforthon' Designed to Comfort Guests and CommunityLands' End Pajamas and Ben & Jerry's Ice Cream Provide Guests the Ultimate in Comfort Affinia Launches First "Pajama Drive" to Benefit Common Ground
NEW YORK, Sept. 22 /PRNewswire/ -- Affinia Hotels asks: What's more comfortable than eating ice cream with pajamas?
(Photo: http://www.newscom.com/cgi-bin/prnh/20090922/NY79955 )
Affinia Hotels, known for providing customized comfort to enhance every guest experience, is encouraging guests to do just that: Enjoy refreshing Ben & Jerry's Ice Cream while lounging in comfy Lands' End pajamas during its month-long "Comforthon," complete with a value-priced Comfort Package at its seven hotels in New York, Chicago and Washington D.C.
The Comfort package includes one pair of Lands' End cotton pajamas customized with the Affinia logo; two single serving containers of Ben & Jerry's ice cream, in-room breakfast for two or Breakfast in Bed and late check-out. The package is priced per night (based on double occupancy) starting at $279 in NYC, $159 in D.C. and $189 in Chicago and is available from October 1 to March 31, 2010. Additional logoed Lands' End pajamas are available for sale for $50 through http://www.myaffinia.com/.
During "Comforthon," each hotel will be providing various comfort enhancing activities for guests. For example, the Affinia Manhattan will serve warm cookies at check-in and schedule family movie nights throughout the month. The Affinia Chicago will host a Luxe Comfort Day featuring SPAffinia shoulder massages and complimentary canap s the day before the Chicago Marathon. The Affinia 50 will host Sunday night football in its den with light snacks.
The October 1st date also marks the launch of Affinia Hotel's year-long Pajama Drive inviting guests and the public to drop off pajamas at each of its hotels in New York, Chicago and Washington, D.C. All donated pajamas are laundered and distributed to former homeless men and women who have transitioned from the street to housing facilities owned and managed by Common Ground, whose mission is to end homelessness through the development of supportive housing and other research-based practices. Additionally, Affinia Hotels will donate $10 to Common Ground for every Comfort Package booked.
To make each guest's stay even more comfortable, Affinia's revolutionary web-based customer service program, http://www.myaffinia.com/, allows guests to customize their guest room and stay with a range of unique services and amenities, including golf putters, yoga mats, universal chargers and 6-choice pillow menu. A first in the hotel industry for a national brand, My Affinia taps the ease and immediacy of the Internet to allow guests to customize their stay in advance.
Common Ground is solving homelessness through innovative programs that transform people, buildings and communities. Common Ground is a 501 (c) (3) non-profit organization. For further information about Common Ground: http://www.commonground.org/.
Lands' End is one of the world's largest retailers of clothing and home products for the family. Lands' End merchandise can be purchased at http://www.landsend.com/, by calling 1-800-800-5800 and by visiting the Lands' End Shops at Sears. Lands' End is a proud member of Sears Holdings Corporation . And, all high-quality Lands' End merchandise is Guaranteed Period.
Ben & Jerry's produces a wide variety of super-premium ice cream, using high-quality ingredients including milk and cream from family farmers who do not treat their cows with the synthetic hormone rBGH. Ben & Jerry's operates its business on a three-part Mission Statement emphasizing product quality, economic reward and a commitment to the community. The purpose of Ben & Jerry's philanthropy is to support the founding values of the company: economic and social justice, environmental restoration and peace through understanding. For the full scoop on all Ben & Jerry's Scoop Shop locations and fabulous flavors, visit http://www.benjerry.com/.
Affinia Hotels, with prime locations in New York, Chicago and Washington, D.C., are designed to provide business and leisure guests with an experience of total customized comfort. Operated by Denihan Hospitality Group, a privately-owned company with more than 40 years of hospitality management expertise, Affinia Hotels is a proud member of a worldwide alliance of hotels including Joie De Vivre in the United States, Rotana Hotels in the Middle East and First Hotels in Scandinavia. For more information, visit http://www.affinia.com/ or call 1-866-AFFINIA.
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