SOX Professionals Becomes Vibato and Highlights Rapid Adoption of the 'SOX Compliance Made...
NEI Releases New DC-Powered Servers Based on Dell PowerEdge Technology
CANTON, Mass., Nov. 3 /PRNewswire-FirstCall/ -- NEI , a leading provider of application platforms and deployment services for software developers, OEMs and service providers worldwide, today announced it is working with Dell to manufacture and co-market a new line of DC-powered servers based on Dell's PowerEdge R710 platform. NEI worked with Dell OEM Solutions to specify, engineer and test the new DC-powered server. The two companies will co-market the new model E-2710 to enterprise and telecom application developers and OEMs worldwide. NEI will be Dell's exclusive manufacturer of the E-2710 and the leading provider of support and deployment services as well as reverse logistics for this platform. Other terms and conditions of the agreement were not disclosed.
"Dell identified a growing segment of OEMs - including several large telecommunications equipment manufacturers - that require high-quality server-based technology to run and manage their OEM solution," said Rick Froehlich, general manager of Dell's OEM Solutions Global Division in Round Rock, Texas. "We decided to leverage NEI's expert design and integration capabilities to target this growing industry vertical and produce a highly advanced solution. NEI worked hard to develop the E-2710 and we're excited to offer OEMs and end-users this DC-optimized version of Dell's PowerEdge R710. The result is a purpose-built, highly efficient server made for DC-powered environments seeking to deploy green server-based solutions."
"The Green Power revolution is real and we have every intention to help our business partners remain at the forefront of this movement," said Greg Shortell, president and CEO, NEI. "I believe our ability to engineer world-class solutions like the E-2710 extends the reach of our partners' products, allowing them to address new market segments and customer profiles. We focus on high-value design innovation, hardware and software integration, manufacturing and deployment services that mesh well with the value proposition that Dell OEM is trying to bring to market in these types of niche applications."
The E-2710 features Intel's® Xeon® 5500 series processor to better scale power usage to the workload and make IT environments more energy efficient. "The E-2710 is a highly available, open-standard application platform that delivers the speed, computing power and flexibility the market demands for green-compliant data center and carrier-class central office technologies," said Rusty Cone, senior vice president of sales and marketing, NEI. "The E-2710 can host NEI's Smart Services to deliver network-ready, lifecycle-managed applications, OS and patch management, streamline support processes, accelerate deployments and gain a real competitive advantage."
When the E-2710 is Smart Services enabled, IT shops can benefit from the automated health, update and backup capabilities - all of which make it easier to maintain and support the platform throughout its lifecycle.
For more information about the E-2710, please visit http://www.nei.com/dell. For more information on Dell and DC Power, consult the Dell DC Power blog post.
About NEI
NEI is a leading provider of application platforms, appliances and deployment services for software developers, OEMs and service providers worldwide. Through its comprehensive suite of services that include solution design, integration control, support and other value-added service capabilities, NEI enables customers to more effectively deploy, manage, service and support their solutions. Founded in 1997, NEI is headquartered in Canton, Massachusetts and trades on the NASDAQ exchange under the symbol NENG. For more information about NEI's products and services, visit http://www.nei.com/.
NEI and the NEI logo are trademarks of Network Engines, Inc. Intel, Xeon and the Intel logo are registered trademarks of Intel Corporation in the United States and other countries. All other names, brands and trademarks are the property of their respective holders.
Editorial Contact:
Lisa Cliver
NEI
972-633-3491
lisa.cliver@nei.com
NEI
CONTACT: Lisa Cliver of NEI, +1-972-633-3491, lisa.cliver@nei.com
Web Site: http://www.nei.com/
Masco Corporation Announces Live Webcast of Presentation at Investor Meeting
TAYLOR, Mich., Nov. 3 /PRNewswire-FirstCall/ -- Masco Corporation today announced that President and Chief Executive Officer Timothy Wadhams will present at the Baird 2009 Industrial Conference in Chicago on November 10, 2009 at 8:45am ET.
Masco's presentation will be webcast live on the Internet via the Company's Web site at http://www.masco.com/ or at http://www.wsw.com/webcast/baird10/mas/. A replay of the webcast will be available via Masco's Web site through November 24, 2009.
Headquartered in Taylor, Michigan, Masco Corporation is one of the world's leading manufacturers of home improvement and building products, as well as a leading provider of services that include the installation of insulation and other building products.
Masco Corporation's press releases and other information are available through the Company's toll free number, 1-888-MAS-NEWS, or under the Investor Relations section of Masco's Web site at http://www.masco.com/.
Statements contained herein, or otherwise made available, that reflect the Company's views about its future performance may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These views involve risks and uncertainties that are difficult to predict and the Company's results may differ materially from the results discussed in such forward-looking statements. For further information, refer to our most recent Annual Report on Form 10-K (particularly the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections) and to any subsequent Quarterly Reports on Form 10-Q, all of which are on file with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Certain of the financial and statistical data made available are non-GAAP financial measures as defined by the SEC's Regulation G. The Company believes that such non-GAAP performance measures and ratios used in managing the business may provide users with meaningful comparisons between current results and results in prior periods. Non-GAAP performance measures and ratios should be viewed in addition to, and not as an alternative for, the Company's reported results under accounting principles generally accepted in the United States. Additional information about the Company is contained in the Company's filings with the SEC and is available on Masco's Web site.
Masco Corporation
CONTACT: Investor / Media, Maria Duey, Vice President - Investor
Relations, of Masco Corporation, +1-313-792-5500, maria_duey@mascohq.com
Web Site: http://www.masco.com/
UTStarcom Secures Commercial Contract With Shandong Electric Power Corporation; Second Contract For UTStarcom's New NetRing(TM) Transport Network SolutionChina's Electric Power Project Contractor Chooses MPLS-TP TN Portfolio for Data Service Carrier Network
ALAMEDA, Calif., Nov. 3 /PRNewswire-FirstCall/ -- UTStarcom, Inc. announced today that it has secured a contract with Shandong Electric Power Corporation (SEPCO) for its recently launched NetRing(TM) Transport Network product portfolio (NetRing TN). SEPCO will use the NetRing TN solutions to build a data service carrier network for SEPCO's Dezhou Grid, marking the first commercial application of packet transport network (PTN) in China's domestic power industry.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO)
"It is clear that the need for packet-based core transport solutions extends far beyond traditional network services," said Peter Blackmore, CEO of UTStarcom. "SEPCO invested in our TN solution because we could deliver increased network efficiencies while simultaneously lowering operating costs. This reinforces the value of UTStarcom's new PTN portfolio and demonstrates an opportunity to expand our reach to broader customer markets, such as the power industry."
Confronted with mass data processing, SEPCO chose UTStarcom's multiprotocol label switching - transport profile (MPLS-TP) solution to assist with data transmission between the regional, municipal and county-level power grid assets in ten sub-cities within the Dezhou and Shandong provinces. During this three-phase deployment, UTStarcom will apply two sets of NetRing TN725 and twelve sets of NetRing TN705 to the grid to form the core convergence layer 10 gigabyte mesh network. Additionally, ten sets of NetRing TN703 will be deployed to create an access layer of Gigabit Ethernet network that delivers high bandwidth efficiency and reliability to the Dezhou Grid and can provide complete administrative control over the electric data network.
"SEPCO is committed to innovation, and as a result, we're experiencing rapid growth in our data services. This is generating new requirements for efficiency, flexibility, reliability and manageability of our network bandwidth - which our original MSTP network can no longer support," said Yong Zhang, Chief Engineer of SEPCO. "We look to the experience, expertise and forward-thinking technology of UTStarcom to accelerate the evolution of our data transmission technology from MSTP to PTN. This advanced new platform will ensure that we meet the needs of smart grid now and in the future."
For more information about the NetRing TN solutions portfolio, please visit http://www.utstar.com/Products/Optical_Transport_Networks/MPLS-TP/ .
About Shandong Electric Power Corporation
Shandong Electric Power Corporation undertakes critical responsibility of supplying safe, reliable and high-quality electricity to support social and economic development and optimizing allocation of electric resources in the province by planning, constructing and operating Shandong Grid. It directly serves 7.63 million clients with power supply to over 93 million people. A total staff of 40,300 is distributed to 17 city-level power suppliers and 31 ultra-high-voltage companies and infrastructure constructors. It is also mandated to manage 90 county-level bulk sale power suppliers across the province.
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. The company was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/.
Forward-Looking Statements
This press release contains forward-looking statements regarding UTStarcom's future strategy, including statements regarding the company's transport network product portfolios. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. Factors that could cause actual results to differ materially from those contained in our forward-looking statements include: increased competition; economic issues in the identified geographic markets; failure to rapidly and successfully develop and introduce new products; risks associated with delays in product development or customer acceptance and implementation of new products and technologies. Please also refer to UTStarcom's periodic reports that are filed from time to time with the Securities and Exchange commission, including our latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. UTStarcom assumes no obligation to, and does not currently intend to, update these forward-looking statements.
Photo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO
http://photoarchive.ap.org/
photodesk@prnewswire.com
UTStarcom, Inc.
CONTACT: Barry Hutton, Senior Director, Investor Relations of UTStarcom,
Inc., +1-510-769-2807, barry.hutton@utstar.com; or Sara Zavala, Account
Supervisor of Edelman, +1-702-644-2465, sara.zavala@edelman.com, for
UTStarcom
Web Site: http://www.utstar.com/
Cedar Fair Announces 2009 Third-Quarter and Nine-Month Results- Comments on Revenue and Attendance Trends Through October
SANDUSKY, Ohio, Nov. 3 /PRNewswire-FirstCall/ -- Cedar Fair Entertainment Company , a leader in regional amusement parks, water parks and active entertainment, today announced results through the third quarter ended September 27, 2009 and provided attendance and revenue trends through November 1, 2009.
Nine Month Results
Net revenues for the nine months ended September 27, 2009, which included 25 additional operating days compared with 2008, decreased $66.5 million to $810.5 million from $877.0 million a year ago. Net income for the first nine months of 2009 decreased $0.8 million to $61.7 million, or $1.10 per diluted limited partner unit, from net income of $62.5 million, or $1.12 per diluted limited partner unit, for the same period in 2008.
Adjusted EBITDA for the nine months ended September 27, 2009, which management believes is a meaningful measure of the Company's park-level operating results, decreased $37.9 million to $296.7 million from $334.6 million for the same period a year ago. See the attached table for a reconciliation of adjusted EBITDA to net income.
"As anticipated, 2009 has been a challenging year for us," said Dick Kinzel, Cedar Fair chairman, president and chief executive officer. "In spite of 25 additional operating days during the first nine months of the year, our parks have entertained 1.2 million less visitors compared to this time last year. Through the end of the third quarter combined attendance across our parks totaled 18.8 million visits, average in-park guest per capita spending was $39.73 and out-of-park revenues totaled $86.4 million. This compares with attendance of 20.0 million visits, average in-park guest per capita spending of $40.28 and out-of-park revenues of $94.0 million through the first nine months of 2008.
"The decrease in attendance was the result of a sharp decline in group sales business, which continues to be negatively affected by the poor economy and spending cuts at many businesses, schools and organizations," added Kinzel. "Our attendance figures were also negatively impacted by a decrease in season pass visits resulting from a decline in total pass sales, and by poor weather, particularly cooler than normal temperatures throughout much of the season at our northern and southern region parks."
Kinzel continued by noting that the 8% decrease in out-of-park revenues, which represent the sale of hotel rooms, food, merchandise and other complementary activities located outside of the park gates, was primarily due to declines in hotel occupancy at most of the Company's hotel properties during the first nine months of the year.
Excluding depreciation, amortization and other non-cash costs, operating costs and expenses for the nine months decreased 5%, or $28.6 million, to $513.8 million compared with $542.4 million for the same period a year ago. "The decrease in operating costs is the direct result of the successful implementation of numerous cost savings initiatives across our parks, as a proactive step to partially offset the impact of the negative attendance trends, and to a lesser extent the closing of Star Trek in late 2008," said Kinzel.
He also noted that in late August the Company completed the sale of 87 acres of surplus land at Canada's Wonderland to the Vaughan Health Campus of Care in Ontario, Canada as part of its ongoing efforts to reduce debt. Net proceeds from this sale totaled $53.8 million and resulted in the recognition of a $23.1 million gain during the nine-month period. After the gain on the sale of the Canadian land, depreciation, amortization, loss (gain) on impairment / retirement of fixed assets, and all other non-cash costs, operating income for the first nine months decreased $7.9 million to $205.4 million in 2009 compared with $213.3 million in 2008.
Interest expense over this same period decreased $7.9 million to $91.0 million, primarily due to lower interest rates on the Company's variable-rate debt, along with a reduction in average borrowings. Since the beginning of the year, the Company has retired $101.2 million of term debt through regularly scheduled debt amortization payments, as well as the use of available cash from the reduction in the annual distribution rate and the net proceeds from the sale of land at Canada's Wonderland.
A provision for taxes of $48.3 million was recorded for the nine-months ended September 27, 2009 to account for the tax attributes of the Company's corporate subsidiaries and publicly traded partnership (PTP) taxes. This compares with a $52.1 million provision for taxes for the same period in 2008.
Third Quarter Results
Net revenues for the third quarter ended September 27, 2009, which included 64 additional operating days compared with 2008, decreased 4% to $519.9 million from $540.3 million last year. Net income for the quarter was $107.6 million, or $1.92 per diluted limited partner unit, versus net income of $91.5 million, or $1.65 per diluted limited partner unit a year ago.
"In spite of 64 additional operating days in the period, third-quarter revenues fell $20.4 million between years," said Kinzel. "This decrease reflects a 3%, or 324,000-visit, decline in attendance, a 7%, or $3.6 million, decrease in out-of-park revenues, and a less than 1% decrease in average in-park guest per capita spending."
October Operations
Based on preliminary October results, revenues for the first ten months of the year, on a same-park basis (excluding the impact of Star Trek: The Experience which closed in September 2008), were $912.7 million compared with $983.2 million for the same period a year ago, on 28 more operating days. This is a result of a 6% decrease in attendance to 20.6 million visitors compared with 22.0 million in 2008, a decrease of less than one percent in average in-park guest per capita spending to $39.65, and a decrease in out-of-park revenues of $8.0 million to $94.5 million, due to declines in hotel occupancy.
For the month of October, revenues decreased 11%, or $10.2 million. This was in large part the result of a 255,000-visit shortfall in attendance and $315,000, or 4%, decrease in out-of-park revenues. Average in-park guest per capita spending was comparable to the same period last year.
"Despite our best efforts, most of the same challenges we faced during the first nine months of the year continued to negatively impact our business in the month of October," continued Kinzel. "In particular, unseasonably cool temperatures and heavy rain over the past four weekends have softened the positive impact we had expected to get from the very popular Halloween events we had in place at our parks. Over this same period, however, our parks maintained their focus on controlling operating costs, and we're confident that we were able to offset some of the revenue shortfalls."
Distribution Outlook
Kinzel stated that based on trailing twelve month results as of September 27, 2009, preliminary October results and a tightening at December 31st of the maximum consolidated leverage ratio within the credit agreement, it is expected that the Company will suspend distributions beginning in 2010 and the cash flow be redirected to retire term debt.
"Over the past 12 months we have accomplished initiatives that have reduced debt by approximately $110 million and addressed our capital structure," said Kinzel. "This has been done through the reduction of our annual distribution rate, the sale of 87 acres of surplus land in Toronto, regular amortization payments and an extension of $900 million of our term debt. We have also considered several alternatives including the sale of selected assets, issuing additional equity in a public or private offering, as well as others, but concluded that, in the current market environment, these are not executable on terms that would be beneficial to the Company and the unitholders.
"Our actions, although successful, have not been enough to offset the decrease in operating performance we have experienced in 2009," continued Kinzel. "We will be reviewing alternatives to improve operating performance and enable unitholders to realize value consistent with our financial performance, including changes to capital structure, corporate structure, the Company's debt and other strategic options. We will pursue those alternatives that we believe are in the best interest of the Company and the unitholders."
The Company previously announced that a cash distribution of $0.25 per limited partner unit will be paid on November 16, 2009 to unitholders of record on November 4, 2009.
Kinzel concluded by noting that virtually all of Cedar Fair's revenues from its seasonal amusement parks, water parks and other seasonal resort facilities are realized during a 130- to 140-day operating period beginning in early May, with the major portion concentrated in the peak vacation months of July and August. Only Knott's Berry Farm and Castaway Bay are open year-round, with Knott's Berry Farm operating at its highest level of attendance during the third and fourth quarters of the year.
Management will host a conference call with analysts today, November 3, 2009, at 10:00 a.m. Eastern Time, which will be web cast live in "listen only" mode via the Cedar Fair web site (http://www.cedarfair.com/). It will also be available for replay starting at approximately 1:00 p.m. ET, Tuesday, November 3, 2009, until 11:59 p.m. ET, Tuesday, November 17, 2009. In order to access the replay of the earnings call, please dial 1-800-406-7325 followed by the access code 4151550.
Cedar Fair is a publicly traded partnership headquartered in Sandusky, Ohio, and one of the largest regional amusement-resort operators in the world. The Company owns and operates 11 amusement parks, six outdoor water parks, one indoor water park and five hotels. Amusement parks in the Company's northern region include two in Ohio: Cedar Point, consistently voted "Best Amusement Park in the World" in Amusement Today polls and Kings Island; as well as Canada's Wonderland, near Toronto; Dorney Park, PA; Valleyfair, MN; and Michigan's Adventure, MI. In the southern region are Kings Dominion, VA; Carowinds, NC; and Worlds of Fun, MO. Western parks in California include: Knott's Berry Farm; California's Great America; and Gilroy Gardens, which is managed under contract.
All statements other than statements of historical facts included in this release, including those regarding our future financial position and results, business strategy, plans and objectives of management for future operations, and distribution policy, are forward-looking statements. These statements may involve risk and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, competition for consumer leisure time and spending, adverse weather conditions, unanticipated construction delays and other factors could affect attendance at our parks and cause actual results to differ materially from the Company's expectations. The Company further cautions that the important factors identified herein are not exclusive.
CEDAR FAIR
SUMMARY STATEMENTS OF OPERATIONS
THIRD QUARTER
(unaudited)
(In thousands Three Months Nine Months Twelve Months
except Ended Ended Ended
per unit) 9/27/2009 9/28/2008 9/27/2009 9/28/2008 9/27/2009 9/28/2008
Net revenues:
Admissions $307,011 $312,626 $467,874 $493,872 $540,268 $564,170
Food,
merchandise
and games 175,591 189,490 283,072 319,342 319,647 357,205
Accommodations
and other 37,311 38,206 59,559 63,744 69,864 71,030
Total net
revenues 519,913 540,322 810,505 876,958 929,779 992,405
Cash operating
costs and
expenses 255,292 257,778 513,801 542,369 611,774 648,405
Adjusted
EBITDA (a) 264,621 282,544 296,704 334,589 318,005 344,000
Depreciation
and
amortization 66,413 60,986 113,604 111,258 128,184 124,706
Gain on sale
of other
assets (23,098) - (23,098) - (23,098) -
Loss on
impairment of
goodwill
and other
intangibles - - - - 86,988 -
(Gain) loss on
impairment/
retirement
of fixed
assets, net 188 6,125 218 9,390 (747) 25,070
Equity-based
compensation 154 181 613 639 690 814
Operating
income 220,964 215,252 205,367 213,302 125,988 193,410
Interest
expense 31,183 31,849 90,994 98,912 121,643 133,588
Net change in
fair value of
swaps 3,084 - 3,084 - 3,084 -
Other
(income)
expense, net 1,508 240 1,303 (208) 1,102 (3,010)
Income
before taxes 185,189 183,163 109,986 114,598 159 62,832
Provision
(benefit)
for taxes 77,575 91,614 48,265 52,143 (4,813) 9,406
Net income $107,614 $91,549 $61,721 $62,455 $4,972 $53,426
Weighted
average
units
outstanding -
diluted 55,924 55,453 55,887 55,808 55,804 55,861
Per limited
partner unit:
Net income -
diluted $1.92 $1.65 $1.10 $1.12 $0.09 $0.96
Cash
distributions
paid $0.25 $0.48 $0.98 $1.44 $1.46 $1.91
Balance Sheet
Data:
Total
assets $2,209,093 $2,435,260
Total debt 1,600,159 1,710,100
Total
partners'
equity 150,152 275,110
(a) Adjusted EBITDA represents earnings before interest, taxes,
depreciation, amortization and other non-cash items. The
Company believes adjusted EBITDA is a meaningful measure of
park-level operating profitability. Adjusted EBITDA is not a
measurement of operating performance computed in accordance with
generally accepted accounting principles and is not intended to
be a substitute for operating income, net income or cash flow from
operating activities as defined under generally accepted accounting
principles. In addition, adjusted EBITDA may not be comparable to
similarly titled measures of other companies.
CEDAR FAIR
RECONCILIATION TO ADJUSTED EBITDA
THIRD QUARTER
(unaudited)
Three Months Ended Nine Months Ended Twelve Months Ended
(In thousands) 9/27/09 9/28/08 9/27/09 9/28/08 9/27/09 9/28/08
Net income $107,614 $91,549 $61,721 $62,455 $4,972 $53,426
Provision
(benefit)
for taxes 77,575 91,614 48,265 52,143 (4,813) 9,406
Interest expense 31,183 31,849 90,994 98,912 121,643 133,588
Depreciation and
amortization 66,413 60,986 113,604 111,258 128,184 124,706
Gain on
sale of
other
assets (23,098) - (23,098) - (23,098) -
Equity-based
compensation 154 181 613 639 690 814
Loss on
impairment
of goodwill
and other
intangibles - - - - 86,988 -
(Gain) loss on
impairment/
retirement
of fixed
assets, net 188 6,125 218 9,390 (747) 25,070
Net change in
fair value
of swaps 3,084 - 3,084 - 3,084 -
Other
(income)
expense, net 1,508 240 1,303 (208) 1,102 (3,010)
Adjusted
EBITDA (a) $264,621 $282,544 $296,704 $334,589 $318,005 $344,000
(a) Adjusted EBITDA represents earnings before interest, taxes,
depreciation, amortization and other non-cash items. The
Company believes adjusted EBITDA is a meaningful measure of
park-level operating profitability. Adjusted EBITDA is not a
measurement of operating performance computed in accordance
with generally accepted accounting principles and is not
intended to be a substitute for operating income, net income or
cash flow from operating activities, as defined under generally
accepted accounting principles. In addition, adjusted EBITDA
may not be comparable to similarly titled measures of other
companies.
This news release and prior releases are available on the Cedar Fair website at http://www.cedarfair.com/.
Contact: Stacy Frole (419) 627-2227
Cedar Fair Entertainment Company
CONTACT: Stacy Frole of Cedar Fair Entertainment Company,
+1-419-627-2227
Web Site: http://www.cedarfair.com/
American DG Energy to Generate Clean Energy at NY Apartment ComplexOn-Site Utility Energy System To Reduce Energy Costs With No Capital Investment
WALTHAM, Mass., Nov. 3 /PRNewswire-FirstCall/ -- American DG Energy Inc. (NYSE-Amex: ADGE), a leading On-Site Utility, offering clean electricity, heat, hot water and cooling solutions to healthcare, hospitality, housing and athletic facilities, today announced a 15-year agreement to supply low cost, clean energy to Linden Plaza Preservation LP, a 1,500-unit, low-income housing complex, located in Brooklyn, New York. Under the terms of the agreement, Linden Plaza, will soon receive a substantial portion of its energy from a 500 kW On-Site Utility energy system, which will be owned and operated by American DG Energy. Linden Plaza will receive a discount on the energy produced by the On-Site Utility and reduce its carbon footprint by up to 2,400 tons of carbon dioxide per year.
"The 35-year-old complex, which consists of five 18-story buildings, was in need of significant upgrades," said Alan Sullivan, Representative for the General Partner of Linden Plaza Preservation LP. "We were interested in reducing our energy costs, but with an extremely tight budget and several other projects to fund, finding the cash to purchase a new energy system would have been difficult. With American DG Energy, we will get the new system Linden Plaza needs with no capital investment and still save money on our energy costs."
With its On-Site Utility energy solution, American DG Energy will produce clean energy in the form of electricity and heat for domestic hot water and sell it to Linden Plaza at a price lower than their local utility. Linden Plaza will pay only for the energy they use and will avoid all capital, installation and operating costs. Since American DG Energy will also handle all service, maintenance and repair of the energy system, Linden Plaza will not need any manpower to maintain the equipment.
The energy will be produced with small-scale, combined heat and power (CHP) equipment, located at the property site but owned and operated by American DG Energy. Each of the five towers will have one 100 kW CHP unit. Since the CHP equipment has a combined efficiency of nearly 90%, the system will reduce Linden Plaza's carbon footprint by up to 2,400 tons of carbon dioxide per year.
On-Site Utility
American DG Energy sells the energy produced on-site from a combined heat and power (CHP) system to an individual property as an alternative to the outright sale of energy equipment. On-Site Utility customers only pay for the energy produced by the CHP system and receive a guaranteed discount rate on the price of the energy. All system capital, installation and operating expenses are paid by American DG Energy. All system installation, operation and support are handled by the Company as well.
About American DG Energy
American DG Energy supplies low-cost energy to its customers through distributed power generating systems. The Company is committed to providing institutional, commercial, and small industrial facilities with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities - without any capital or start-up costs to the energy user - through its On-Site Utility energy solutions. American DG Energy is headquartered in Waltham, Massachusetts. More information can be found at http://www.americandg.com/.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company's website and in Securities and Exchange Commission filings. This press release does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
American DG Energy Inc.
CONTACT: John Hatsopoulos, +1-781-522-6020, or Investors: Peter L.
Seltzberg, Hayden IR, +1-646-415-8972
Web Site: http://www.americandg.com/
SPX To Participate at 2009 Goldman Sachs Global Industrials Conference
CHARLOTTE, N.C., Nov. 3 /PRNewswire-FirstCall/ -- SPX Corporation today announced that Chris Kearney, Chairman, President and Chief Executive Officer, and Patrick O'Leary, Executive Vice President and CFO, will participate at Goldman Sachs Global Industrials Conference in New York City on Wednesday, November 4, 2009 at 4 p.m. Eastern Time.
A live audio webcast of the session will be available in the Investor Relations section of SPX's website (http://www.spx.com/). A replay will be accessible on the website through Wednesday, November 18, 2009.
SPX Corporation is a Fortune 500 multi-industry manufacturing leader. The company offers highly-specialized engineered solutions to solve critical problems for customers.
SPX is focused on providing solutions that support the expansion of global infrastructure, with particular emphasis on the growing worldwide demand for energy and power. Its innovative product portfolio, containing many energy efficient products, includes cooling systems for power plants throughout the world; custom engineered process equipment that assists a variety of flow processes including food and beverage manufacturing, oil and gas exploration, distribution and refinement and power generation; handheld diagnostic tools that aid in vehicle maintenance and repair; and power transformers that regulate voltage for electrical transmission and distribution by utility companies.
SPX is headquartered in Charlotte, North Carolina and has employees in over 40 countries worldwide. Visit http://www.spx.com/.
SPX Corporation
CONTACT: Ryan Taylor (Investors), +1-704-752-4486, investor@spx.com, or
Jennifer H. Epstein (Media), +1-704-752-7403, jennifer.epstein@spx.com, both
of SPX Corporation
Web Site: http://www.spx.com/
DuPont Details Plan for Delivering Growth in 2010 and Beyond; Company Expects 2010 Earnings to Grow to Range of $2.10 to $2.40 Per Share20 Percent Compound Annual Earnings Growth Expected 2009 Through 2012; Customer-Driven Solutions to Target Global Growth Opportunities
WILMINGTON, Del., Nov. 3 /PRNewswire-FirstCall/ -- During the company's Investor Day, DuPont CEO Ellen Kullman and the company's leadership team detailed how DuPont expects to build on its core competitive advantage of market-driven scientific innovation and its strong position in targeted global growth markets to deliver 20 percent compound annual earnings growth for the 2009-2012 period.
"Our focus is on delivering superior growth for our shareholders through customer-driven and science-based solutions, carefully prioritized investments, industry-leading productivity, and strict accountability," Kullman said. "By acting on our commitments to shareholders over the past 12 months, DuPont is meeting the economic recovery as a stronger, faster and more agile global competitor. We are well-positioned to outperform the rate at which markets recover and improve."
By executing on its priorities, DuPont expects to generate about 10 percent top-line compound annual growth for the 2009-2012 period. The company also plans to capture $1 billion in fixed cost productivity and $1 billion in working capital productivity gains during the 2010-2012 timeframe.
DuPont expects to deliver, on average, 20 percent earnings per share growth, from 2009 estimated full-year earnings on a year-over-year basis through 2012. The company said that it expects to grow earnings in 2010 -- despite anticipated declines in pharmaceutical royalties after patents expire in 2010 -- to a range of $2.10 to $2.40 per share. DuPont also reaffirmed its full year 2009 earnings outlook of $1.95 to $2.05 per share, excluding significant items which are estimated to be $0.15 per share for full-year 2009 or $1.80 to $1.90 per share on a reported basis.*
The company plans to capitalize on global growth opportunities by sharply focusing its innovation pipelines on four megatrends to: meet the increasing demand for food productivity; protect people and the environment; decrease dependence on fossil fuels; and capitalize on the growth of emerging markets where about one-third of DuPont's sales are currently generated.
In addition, DuPont is strengthening its alignment with customers and markets; driving disciplined scientific innovation directly from market needs; increasing transparency and accountability for results with a simplified organization; and continuing its intense focus on productivity.
"DuPont's leadership in market-driven science uniquely positions the company to capitalize on four global trends that will define the coming years," Kullman said. "We will accomplish this by driving responsibility and accountability ever-closer to our customers and regions, providing greater transparency to our progress and results, and maintaining an intense commitment to constantly improving productivity."
At the meeting with investors, DuPont leaders described differentiated actions the company's business segments are taking which are expected to contribute to the company's 2009-2012 growth objectives by:
-- Agriculture & Nutrition (Pioneer Hi-Bred, Crop Protection, Nutrition
& Health) - Generating more than $2 billion in top-line growth through
2012 by growing North America corn and soy volumes and market share;
extending international seed markets leadership; launching innovative
crop protection products; capitalizing on emerging food and nutrition
opportunities; and continuing investments in product and technology
innovations.
-- Electronics & Communications - Improving margins and delivering
top-line growth by leveraging established leadership position in
fast-growth segments - like photovoltaics and displays; introducing
key products and capitalizing on recovery opportunities; and providing
operational discipline with a lean business structure.
-- Performance Coatings - Restoring pre-tax operating margins to low
double digits by 2012 by delivering $300 million in fixed and variable
cost productivity, while expanding and leveraging its leadership in
refinish products and growing the portfolio in emerging markets.
-- Performance Materials (Performance Polymers and Packaging & Industrial
Polymers) - Focusing on earnings growth and cash generation by
capitalizing on recovery opportunities; providing application
extensions in emerging markets; delivering light-weight and
renewably-sourced materials to meet escalating global demands; and
continuing intense focus on productivity.
-- Safety & Protection (Protection Technologies, Building Innovations,
Safety Resources) - Generating 12-16 percent annual revenue growth
through launching new science-based products; including lighter weight
and next generation advanced materials; expanding emerging markets
presence; and increasing market share with a leaner cost structure and
streamlined organization.
-- Performance Chemicals (Chemicals & Fluoroproducts, Titanium
Technologies) - Delivering top-quartile performance among peers by
driving industry-leading cost productivity improvement; accelerating
globalization to capture emerging markets growth; and targeting
innovations in sustainable technologies and selective high-growth
markets. The company has merged two businesses in this segment,
DuPont Chemical Solutions Enterprise and DuPont Fluoroproducts, into a
single powerhouse unit named DuPont Chemicals & Fluoroproducts -
accelerating growth by expanding global market access, leveraging
DuPont's unparalleled science and chemistry leadership, and driving
world-class productivity for the chemical industry. The merger further
streamlines the company from 14 to 13 businesses.
"We are focused on achieving higher revenue and earnings growth rate for our company, and delivering increased value to our shareholders," Kullman said.
The presentations used by DuPont's leadership team during the meeting, the webcast recording and recast historical financial information based on the company's reporting structure as of Oct. 1 are available at http://www.dupont.com/ in the Investor Center.
DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
Forward-Looking Statements: This news release contains forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in DuPont's filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions of countries in which the company does business; competitive pressures; successful integration of structural changes, including acquisitions, divestitures and alliances; research and development of new products, including regulatory approval and market acceptance, and seasonality of sales of agricultural products. The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.
* Schedule B of the company's third quarter 2009 earnings news release contains a reconciliation of significant items.
DuPont
CONTACT: Anthony Farina, +1-302-773-4418 - office, +1-302-545-0316 -
mobile, anthony.r.farina@usa.dupont.com
Web Site: http://www.dupont.com/
New Help for Doctors in Combating H1N1 (Swine Flu)
CHESTER, N.Y., Nov. 3 /PRNewswire-FirstCall/ -- As the outbreak of H1N1 (Swine Flu) intensifies, there is a growing need for greater speed and accuracy in collecting specimens from patients for testing to determine with what they've been infected. The government's Centers for Disease Control and Prevention (CDC) has issued interim guidance covering the collection, processing and testing of patient samples. Many state and local medical authorities have incorporated the CDC's recommendations into their own guidance.
That's why Repro-Med Systems, Inc., (BULLETIN BOARD: REPR) , dba RMS Medical Products of Chester, NY, now offers a Specimen Collection Kit (SCK) for its RES-Q-VAC® portable hand held suction pump. The new kit makes it especially convenient for medical personnel to collect samples in accordance with guidance recommendations and their own local procedures. Samples can come from the nasal passages or throat of a patient suspected to have H1N1, RSV (Respiratory Syncytial Virus) or any other similar illness.
"Obtaining a reliable sample by inserting a swab deep into nasal passages can be tricky, especially when the patients are children who quickly become uncomfortable," noted Andrew Sealfon, President of RMS Medical Products, Inc. "This outbreak of swine flu seems to be hitting younger age groups especially hard," he added. Sealfon explained, "Using our new Specimen Collection Kit does away with the deep penetration and potential damage of using swab which can also contaminate the specimen. A few drops of saline solution are placed into the nostrils, then RES-Q-VAC suctions out the needed sample so quickly the patient doesn't have time to become discomforted."
The SCK consists of a sterile 55ml vial, a sterile 14-inch catheter, and a cap and label to help ensure proper transport of the sample. The RES-Q-VAC commonly is used for emergency suctioning of patients requiring airway management, such as when a patient becomes unconscious after a heart attack or stroke. It is used in hospitals, by ambulance personnel, fire/rescue personnel, and wherever reliable suctioning is needed. Because RES-Q-VAC works without electrical power or batteries, many institutions keep it in reserve for use during power outages and natural disasters.
Facilities already using RES-Q-VAC will only need to order a supply of the specimen collection kits to fit the suction pumps they already have.
Medical professionals can find out more about the RES-Q-VAC Specimen Collection Kit by contacting RMS Medical Products at 800-624-9600 or at info@rmsmedicalproducts.com.
RMS Medical Products, manufacturer of the RES-Q-VAC designs and manufactures innovative medical devices directing its resources to the global markets for emergency medical products leading with its Res-Q-Vac Airway Suction System and infusion therapy with its Freedom60® Syringe Infusion Systems for use with antibiotics, subcutaneous immune globulin, pain control and chemotherapeutic drugs, among others. These cutting edge products improve the quality of health care while maintaining favorable operational costs. For further information, visit our web site at http://www.rmsmedicalproducts.com/.
For Further Information Contact:
Lisa Jabbour
RMS Medical Products
+1-800-624-9600
+1-845-469-2042
Repro-Med Systems, Inc.
CONTACT: Lisa Jabbour, RMS Medical Products, +1-800-624-9600,
+1-845-469-2042
Web Site: http://www.repro-med.com/
McGraw-Hill and ALEKS Corporation Expand Improved Math Courses Proven to Drive Student Success
NEW YORK, Nov. 3 /PRNewswire/ -- With the Obama administration's commitment to ensuring the highest college graduation rates in the world by 2020, the need for cutting-edge learning tools that enhance student achievement has never been greater. McGraw-Hill Higher Education, a premier provider of teaching and learning solutions for the post-secondary and higher education markets, and ALEKS Corporation, a leader in the creation of Web-based artificially intelligent educational software, are addressing that need with an expanded array of enhanced course products for Basic Math, Pre-Algebra, Beginning Algebra, and Intermediate Algebra. These course products contain many new topics which allow for better curriculum and textbook coverage to help students achieve dramatic learning outcomes, while saving instructor time.
ALEKS acts much like a skilled human tutor, delivering precise assessments of students' math knowledge, guiding them in the selection of appropriate new study material, and recording their progress toward mastery of course goals.
College and university case studies have shown that ALEKS has increased pass rates by more than 20 percent versus traditional online homework systems, and by more than 30 percent compared to using a text alone. "This is the fifth year we have used ALEKS for all remedial mathematics courses. I have been very pleased with its ability to determine the gaps in student learning and provide students with an efficient way to fill in their missing knowledge," notes Julie McQueen, instructor of mathematics at Abilene Christian University in Texas. "Seventy-four percent of all students who used ALEKS in their course passed during the first semester, and almost half of these students finished the course early. The pass rates are much better than what we experienced in a traditional course," she adds.
"Student retention will increase even more in developmental math courses that utilize ALEKS. At the same time, course management will be simplified for instructors," said Kurt Strand, president of McGraw-Hill Higher Education's Science Engineering and Math group. "It is critical to McGraw-Hill Higher Education that we continually enhance the learning solutions that customize instruction to each student's needs and abilities. These tailor-made solutions empower students to achieve academic success."
"User feedback and learning results are critical to our success, so we assess every aspect of the ALEKS experience, understand how instructors and students use the program, and make improvements based on what we learn," said Wil Lampros, president of ALEKS Corporation. "As a result, we have added approximately 150 new topics to our developmental math course products in order to provide better curriculum and textbook coverage."
The expanded Basic Math, Pre-Algebra, Beginning Algebra, and Intermediate Algebra course products are available for immediate use through McGraw-Hill Higher Education.
About McGraw-Hill Higher Education
McGraw-Hill Higher Education is a premier provider of teaching and learning solutions for the post-secondary and higher education markets - preparing students worldwide to meet the increasing challenges of the 21st century knowledge economy. It is a division of McGraw-Hill Education, a leading global provider of instructional, assessment and reference solutions that empower professionals and students of all ages. McGraw-Hill Education has offices in 33 countries and publishes in more than 65 languages. Additional information is available at http://www.mhhe.com/.
About ALEKS Corporation
ALEKS Corporation is a leader in the creation of Web-based artificially intelligent educational software. ALEKS assessment and learning technologies were originally developed by a team of cognitive scientists, mathematicians, and software engineers at the University of California, Irvine, with major funding from the National Science Foundation. ALEKS is founded on groundbreaking research in mathematical cognitive science known as Knowledge Space Theory. Through adaptive questioning, ALEKS accurately assesses a student's knowledge state, and then delivers targeted instruction on the topics a student is most ready to learn.
ALEKS has been used by millions of students in more than 50 academic subjects ranging from Basic Math to Precalculus at thousands of institutions throughout the world. For additional information, visit http://www.aleks.com/.
McGraw-Hill Higher Education
CONTACT: Tom Stanton of McGraw-Hill Education, +1-212-904-3214,
tom_stanton@mcgraw-hill.com; or Emily Wennerberg of ALEKS Corporation,
+1-714-245-7191 x153, emilyw@aleks.com
Web Site: http://www.mhhe.com/
BB&T Insurance Services to acquire southwest Florida agency
RALEIGH, N.C., Nov. 2 /PRNewswire/ -- BB&T Insurance Services, the nation's seventh largest insurance broker, today said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Company Inc. of Fort Myers.
The acquisition comes on the heels of BB&T Corporation's acquisition in August of Colonial Bank, which expanded BB&T's presence in southwest Florida. The Oswald Trippe transaction was completed Monday. Terms were not disclosed.
One of the largest privately owned insurance agencies in southwest Florida, Oswald Trippe provides commercial property and casualty; employee benefits; individual life and health, personal lines; and professional liability protection to businesses and individuals throughout Florida.
"We have known Oswald Trippe for quite some time as an outstanding competitor," said Wade Reece, chairman and chief executive officer of BB&T Insurance Services. "With the recent growth of BB&T in southwest Florida following the Colonial acquisition, this is a perfect combination and an outstanding addition to our Florida insurance franchise."
In addition to its Fort Myers headquarters, Oswald Trippe has offices in Cape Coral, Miami, Naples, Sarasota, Holmes Beach, Weston and Ocala. It also operates four offices in North Carolina that were not part of the BB&T Insurance acquisition.
OTC was founded in 1982 by Chairman and Chief Executive Officer Gary Trippe and his wife, Gay Trippe, and James Pender, honorary chairman of corporate partner The Oswald Companies of Cleveland, Ohio. The company has about 130 employees in Florida.
"BB&T Insurance is known to treat its clients, employees and their communities as treasured assets, which matches up with our culture very well," Gary Trippe said. "Add that to the fact that our companies had very similar growth plans for Florida, and you're left with a combination that made too much sense not to pursue."
Trippe will remain with BB&T-Oswald Trippe in a client and community relationships and management consulting role. Agency President John Pollock will serve as agency manager and report to BB&T Insurance Regional Manager Rick Iler.
BB&T Insurance Services also operates Florida agencies J. Rolfe Davis Insurance of metro Orlando; Burkey Risk Services of metro Orlando and Boynton Beach; BB&T-Iler Wall & Shonter of St. Petersburg; BB&T-Wyman, Green & Blalock of Bradenton; and BB&T-Landrum Yaeger of Tallahassee.
With the Colonial acquisition, BB&T created a new community bank region in Sarasota covering Manatee, Sarasota, Lee, Charlotte, and Collier counties. The region has deposits of $2.1 billion.
BB&T acquired $23 billion in assets and assumed $19 billion in deposits in the Colonial acquisition, creating the nation's eighth largest financial holding company by deposits. The Colonial acquisition moved BB&T to the No. 5 market share in Florida. With the acquisition, BB&T has about $14 billion in deposits and more than 300 branches in Florida.
BB&T Insurance Services is a wholly owned subsidiary of Branch Banking and Trust Company. Founded in 1922, it operates more than 100 insurance agencies in North Carolina, Virginia, Georgia, South Carolina, Maryland, West Virginia, Tennessee, Florida, Kentucky and California.
Branch Banking and Trust Company is the principal subsidiary of Winston-Salem, N.C.-based BB&T Corporation . With $165.3 billion in assets, BB&T operates more than 1,800 financial centers in 13 states and Washington, D.C. More information about the company is available at BBT.com.
BB&T Corporation
CONTACT: Wade Reece, Chairman and CEO, BB&T Insurance Services Inc.,
+1-919-716-9770; or Gary Trippe, Chairman and CEO, Oswald Trippe and Co. Inc.,
+1-239-433-4535; or A.-C. McGraw, Vice President, BB&T Corp. Communications,
+1-336-733-1471
Web Site: http://www.bbt.com/
Company News On-Call: http://www.prnewswire.com/comp/809325.html
Goodrich to Host 2009 Analyst Day in New York City
CHARLOTTE, N.C., Nov. 3, 2009 /PRNewswire-FirstCall/ -- On Friday, Nov. 6, 2009, Goodrich Corporation will host its 2009 Investor Conference in New York City. Marshall Larsen, Chairman, President and Chief Executive Officer, as well as other senior management, will discuss the company's financial results, performance and prospects with investors and security analysts.
The entire conference will be webcast, and is scheduled as follows:
Webcast Date: Friday, Nov. 6, 2009
Time: 1:00 p.m. - 4:00 p.m. Eastern time
To Access: Go to http://www.goodrich.com/ and click on the "Goodrich Investor
Conf." sign-up link
The slide presentation used during the conference will be available as part of the webcast and will also be available on our Investor Relations webpage. The webcast will be available for replay through Midnight on November 20.
Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.com/.
Goodrich Corporation
CONTACT: Media Contact: Lisa Bottle, +1-704-423-7060, and Laurie Tardif,
+1-704-423-7048; or Investor Relations: Paul Gifford, +1-704-423-5517
Web Site: http://www.goodrich.com/
MediaTechnics announces New Addition of Blu-Ray Authoring, Duplication and Replication Services
PLACERVILLE, CA, Nov. 3 /PRNewswire-FirstCall/ -- MediaTechnics Corporation (MEDT.PK) is pleased to announce that the Company has added Blu-ray Authoring and duplication Services to our California Bay Area facility.
The Company expects major growth due to addition of Blu-ray services.
Rick Wilson, President and CEO of MediaTechnics commented, "Over the last few months, Blu-ray titles have started to expand rapidly in the market. With the Holidays approaching and Blu-ray players selling close to $100 the demand for releasing Blu-ray titles has increased dramatically".
MediaTechnics offers a turn-key solution for authoring, short-run duplication and high volume replication service. Our services provide a cost effective solution for bringing Blu-ray titles to market.
From one to a million discs, MediaTechnics has the answer for all your Blu-ray needs.
About MediaTechnics (MEDT.PK)
MediaTechnics Corporation (http://www.mediatechnicscorporation.com/) is the parent company of MediaTechnics Systems Inc. (http://www.mediatechnics.com/)
Notes about forward-looking statements
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties.
Certain Statements contained in this release that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied.
Forward-looking statements may be identified by words such as "estimates," "anticipates," "projects," "plans," "expects," "intends," "believes," "may," "should" and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date when they are made.
Mediatechnics Corporation
CONTACT: Sales: (800) 474-8996, sales@mediatechnics.com; Investor
Relations: (732) 475-2437
Microsoft Announces New Service Update and Competitive Offer for Microsoft Dynamics CRM OnlineNew service launches with special offer to help customers switch from Salesforce.com and Oracle CRM On Demand.
REDMOND, Wash., Nov. 3 /PRNewswire-FirstCall/ -- Building on the innovation described in the Dynamic Business vision recently discussed at Convergence 2009 Europe, Microsoft Corp. today introduced the November 2009 service update for Microsoft Dynamics CRM Online, the third service update delivered in 18 months. The service update offers new features at no additional cost to customers, including free mobile access, enhanced data import, customizable views and simplified pricing. Microsoft also announced that customers that switch from Salesforce.com and Oracle CRM On Demand products can get Microsoft Dynamics CRM Online free for six months, in addition to their free 30-day trial.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
"The new service update to Microsoft Dynamics CRM Online demonstrates our commitment to simplify the customer experience, deliver rapid innovation and offer more value at a lower price," said Brad Wilson, general manager of Microsoft Dynamics CRM. "Microsoft Dynamics CRM Online enables businesses to begin driving productivity and results in a matter of minutes."
The Microsoft Dynamics CRM Online service update brings the following:
-- Fast online access. Organizations can get started with a trial or paid
subscription to Microsoft Dynamics CRM Online in less than five
minutes. Customers are able to access the Microsoft Dynamics CRM
Online service through a Microsoft Outlook interface, via a Web
browser or from a wide range of mobile devices -- all at no additional
charge.
-- Simple contact management. Microsoft Dynamics CRM Online provides a
single, unified view of customer information that helps sales people
manage accounts and drive revenue. A new Get Started Pane delivers
guidance, training and access to communities, and Microsoft Knowledge
Base articles, allowing users of all skill levels to maximize their
productivity. In addition, Microsoft Dynamics CRM Online makes it easy
to import data from other CRM applications.
-- Better sales performance. Sales managers benefit from strong sales
forecasting and their sales teams benefit from workflow capabilities
that ensure that customer engagements happen quickly and consistently.
A new home page dashboard provides real-time views into key metrics
that help prioritize daily activities.
-- Better economics. Microsoft has simplified and reduced its Microsoft
Dynamics CRM Online pricing for all customers. All Microsoft Dynamics
CRM Online offerings are now available at $44 per user per month, and
include offline support, 200 custom entities, 200 workflows and 5 GB
of storage.
In addition to its free 30-day trial, Microsoft is offering six months of Microsoft Dynamics CRM Online at no additional cost to existing customers of Salesforce.com and Oracle CRM On Demand. This reinforces Microsoft's focus on delivering more value at a lower cost than competing CRM vendors, whether through on-premise or on-demand CRM deployments. Eligibility requirements and other details of this offer can be found at http://offers.crmchoice.com/moreforless.
"Microsoft Dynamics CRM Online is a perfect fit for our business," said Laura Tantaros, sales operations specialist for Trion Group Inc. "We were able to get started and train our employees very quickly, largely due to the Microsoft Outlook user interface, and adapt the service to our specific business needs easily."
"We've built our business on Microsoft Dynamics CRM Online, and we've helped more than 75 companies adopt the service in the past year," said Steve Bowles, chief executive officer of Pelagic Solutions Inc. "In our experience Microsoft Dynamics CRM Online simply delivered a lot more capabilities and value than other software as a service (SaaS)-based CRM systems, at a lower price."
The new November 2009 service update will be available to all Microsoft Dynamics CRM Online customers by Nov. 15, 2009. Businesses can get started today by signing up for a no-cost 30-day trial by subscribing at http://crm.dynamics.com/.
About Microsoft Dynamics
Microsoft Dynamics is a line of easy-to-use, integrated and adaptable ERP and CRM applications that enable business decision-makers to quickly respond to market shifts, take advantage of new trends, increase their competitive edge and drive business success. Microsoft Dynamics solutions are delivered through a world-class network of partners who provide specialized services and additional innovation to help customers excel in their industry.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Amy Adamsak, Waggener Edstrom Worldwide, +1-503-443-7000,
aadamsak@waggeneredstrom.com; or Rapid Response Team, Waggener Edstrom
Worldwide, +1-503-443-7070, rrt@waggeneredstrom.com
Web Site: http://www.microsoft.com/
Highland Spring LTD, (UK) Selects Savi Networks' SaviTrak(TM) for Wireless Cargo MonitoringSaviTrak(TM) Enables Real-Time Management of the Location, Security and Condition of Global Organic Bottled Water Shipments to Enhance the Highland Spring Customer Experience
OCHIL HILLS, Scotland and MOUNTAIN VIEW, Calif., Nov. 3 /PRNewswire/ -- Highland Spring LTD, recently voted as a UK Superbrand (July 2009), has contracted with Savi Networks to provide wireless monitoring for exported shipments of Highland Spring water.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060109/NYM086LOGO)
The contract calls on Savi Networks to provide the SaviTrak(TM) intelligence service to monitor, in real-time, product being shipped from the United Kingdom to offshore consumers around the world.
"Highland Spring has always been the leader in bringing the ultimate customer experience to the consumer," said Yannis Karagounis, exports planning and distribution manager at Highland Spring. "Whether it is our devotion to protecting our Organic Land or using the latest in technology to manage the flow of our natural product to distant consumers, we are incessant in our quest that the customer experience, whether in Hong Kong or Dubai, be the same quality as those in the UK," he added.
"The value of our brand and our name is this devotion to quality and the customer experience. SaviTrak allows us to improve the management and control of our logistics operations to minimize costs and ensure our consumer trust continues to be well earned daily in every aspect of our operations," added Karagounis.
About Highland Spring
Highland Spring began bottling operations at Blackford in 1979 taking advantage of the ancient red sandstone and basalt layers of the Ochil Hills, formed 400 million years ago, and providing the natural filtration geology that today are the home of Highland Spring and account for its unique, natural taste. As the leading brand of bottled water in the UK, Highland Spring is devoted to ensure that this catchment area stays 100% organic by keeping it free from pesticides and other pollutants. To learn more about Highland Spring please visit: http://www.highland-spring.com/
About Savi Networks
Savi Networks was founded to improve the efficiency and security of global trade. SaviTrak(TM) is an intelligence service that utilizes reliable wireless shipment monitoring technology to provide shippers, logistics service providers, and terminal operators with easily accessible, precise and actionable information. The information is used to identify both real-time and systemic shipment and inventory issues and then make appropriate decisions. Savi Networks is a joint venture between Lockheed Martin and Hutchison Port Holdings. To learn more about Savi Networks, visit: http://www.savinetworks.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20060109/NYM086LOGO
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Savi Networks
CONTACT: Mark Nelson of Savi Networks, +1-650-316-4872,
mnelson@savinetworks.com, http://www.twitter.com/savigroup; or Allison Downs of 3x1
Public Relations, 011 44 141 221 0707, adowns@3x1.com, for Highland Spring
Web Site: http://www.highland-spring.com/
Technology Key to Bridging the Gap Between Millennials' and Baby Boomers' Banking Needs, Reports Microsoft StudyHalf of millennials embrace the Web, while only a third of baby boomers prefer to bank online.
BOSTON, Nov. 3 /PRNewswire-FirstCall/ -- As retail banks struggle to recapture customers in the wake of the global economic crisis, emerging generational differences in the way consumers wish to bank will require financial institutions to adapt to the divergent needs of their customers, reports a study released today by Microsoft Corp. at the BAI Retail Delivery Conference & Expo.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO)
The Microsoft "Millennials and Baby Boomers Banking Channel Preference Survey 2009," conducted by Washington, D.C.-based KRC Research, found that adult millennials (ages 18-29) and baby boomers (ages 45-63) prefer very different channels for their banking activities. These preferences vary from high-touch, in-person experiences at the branch to more automated experiences on the Web, on mobile phones or at interactive kiosks.
"Generational differences are a challenge for banks as they try to create consistently positive, integrated banking experiences, regardless of channel," said Colleen Healy, general manager, U.S. Financial Services, Microsoft. "Banks are building loyalty with boomers today primarily through in-person retail branch interactions, while creating new offerings via online and mobile channels to attract millennials, the next generation of customers. Microsoft is focused on helping banks create this seamless, connected experience across multiple screens and channels, tied together through cloud computing."
Varying Channel Preferences
The Microsoft study shows that different generational groups of respondents have very different preferences for conducting banking transactions. Millennials represent an untapped customer base for banks, but they have specific high-tech needs in terms of how they communicate and network with their financial institutions. For example, they are much more likely than baby boomers to use Web banking (49 percent versus 35 percent) and to find online service capabilities to be very important when researching a new bank (54 percent versus 42 percent).
Baby boomers, on the other hand, are much more likely to prefer banking transactions in person at a branch (44 percent versus 32 percent), and half (50 percent) report that they never bank via the Web using a personal computer or phone browser.
Millennials and Baby Boomers Find Common Ground on Bank Criteria
While generational gaps in banking channel preference exist, both millennials and boomers found similarities in their criteria for choosing a new bank. Customer service ranked as the highest priority for both millennials and boomers (98 percent versus 96 percent), followed by rates and fees (97 percent versus 96 percent) and superior security against identify fraud (96 percent versus 95 percent). Also ranking high were access to bank retail branches (95 percent versus 94 percent) and insurance on deposit accounts (92 percent versus 92 percent).
About the Survey
Washington, D.C.-based KRC Research conducted the Microsoft "Millennials and Baby Boomers Banking Channel Preference Survey 2009" Aug. 23-30, and garnered responses from more than 600 adult millennials between the ages of 18 and 29 years old and baby boomers between the ages of 45 and 63 years old. The full results are available at http://www.microsoft.com/presspass/presskits/msfinancial/Default.aspx.
About Microsoft in Financial Services
Microsoft's Financial Services Group provides software that helps financial firms transform the customer, employee and operations experience so they can maximize opportunities for increased market share and profitability. Microsoft software helps empower people and IT staff within financial firms -- and across key focus areas such as advisor platforms, channel renewal, insurance value chain, enterprise risk management and compliance, and payments. Through a combination of Microsoft- and partner-provided solutions, customers enable their employees to turn data into insight, transform ideas into action and turn change into opportunity.
More information about Microsoft's Financial Services Group can be found at http://www.microsoft.com/financialservices.
About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Photo: http://www.newscom.com/cgi-bin/prnh/20000822/MSFTLOGO
http://photoarchive.ap.org/
PRN Photo Desk photodesk@prnewswire.com
Microsoft Corp.
CONTACT: Matt Pennacchio of Ruder Finn, +1-212-715-1613,
pennacchiom@ruderfinn.com, for Microsoft; or Caitlin McCabe of Microsoft,
+1-646-220-2261, cmccabe@microsoft.com
Web Site: http://www.microsoft.com/
SonicWALL Advances Industry-Leading Enterprise-Class Email Security SolutionsUpgrade significantly enhances e-mail protection performance, offering the industry highly effective protection against spam and malware
SAN JOSE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- SonicWALL, Inc. , a leading secure network infrastructure company, today announced the availability of a significant upgrade to its advanced enterprise-class email security solutions with the release of Email Security 7.2. As security threats based on email continue to increase in complexity, sophistication and volume, businesses both large and small remain at risk to spam and virus attacks capable of crippling the corporate network and greatly reducing productivity and network performance. SonicWALL's Email Security 7.2 delivers uniquely innovative email security features that are redefining the limits of security and scalability to ensure protection against these malicious and emerging threats.
Aimed towards both large enterprises and SMBs, SonicWALL's Email Security (SES) solutions are high-performance, easy to use, highly scalable and cost effective. This latest release for the SES product family delivers significantly enhanced levels of performance, effectiveness, ease of use and manageability for the entire breadth of the product line. Most notably, with the release of Email Security 7.2, SonicWALL's Advanced Reputation Management now provides effective protection against a wide variety email-borne spam and malware, including spam originating from "spambots".
According to SonicWALL's SonicLabs Threat Research team, spambots are now responsible for up to 90 percent of all spam. Spambots are automated computer programs used by "botnets", or armies of compromised computer systems ("zombies"), under a common control structure. SonicWALL is seeing massive proliferation of botnets and zombies, as spammers increasingly focus on developing techniques to avoid traditional IP reputation systems by compromising mail servers at legitimate companies and cracking webmail accounts.
As part of SonicWALL's patented multi-engine email security system, Advanced Reputation Management offers industry-leading protection against spambots, taking traditional IP reputation systems a step further by correlating and analyzing billions of data points from SonicWALL's GRID Network of email, Web and network security solutions in real time.
"SonicWALL continues to develop industry-leading email security technologies in the name of providing customers large and small with innovative, enterprise-class protection," said Edward Cohen, Vice President, Email Security Business Unit, SonicWALL. "Spammers have shifted tactics to sophisticated, multi-vector attacks, elevating spam from a mere annoyance to a serious security threat. By combining leading-edge software intelligence with our state-of-the-art SES architecture, SonicWALL is able to deliver the level of email protection organizations require amidst an ever-increasing e-mail threat landscape -- while offering ease-of-management and scalability."
"SonicWALL's new Email Security 7.2 has provided tremendous value to the business operations of a number of our customers," said Rich Buckley of NDS Tech, a SonicWALL Gold Medallion partner. "Thanks to its advanced search capabilities, we have customers consistently telling us that a significant amount of their employees' time is saved on a day-to-day basis, thanks to the technology's anti-spam features. The result is increased employee productivity across the board."
Powerful Anti-Spam and Email Protection Against Increasingly Evolving Threats ... And Much More
In addition to industry-leading effectiveness, Email Security 7.2 delivers significant additional advancements.
-- Significant scalability: SonicWALL's industry leading MTA (Mail
Transfer Agent) performance has been re-architected to dramatically
scale the performance of our software solutions, handling up to 10,000
concurrent connections for peak traffic loads, at a compelling price
point.
-- Advanced search: Augmenting SonicWALL's archiving, auditing and junk
box capabilities, the new advanced search feature offers speed and
efficiency, and gives administrators and end-users capability to
quickly and efficiently search more than one million messages per
second.
-- Flexible management and reporting options: New support for SonicWALL's
Global Management System (GMS), standards-based syslog support, and
Windows Event Viewer. These latest options augment SonicWALL's award
winning Email Security GUI and standards-based SNMP support.
SES is available as an appliance, Windows server-software, as a cloud-based solution through SonicWALL partners, or as a hybrid-cloud solution with the Comprehensive Anti-Spam Service on TZ, NSA and E-Class NSA network security appliances.
SonicWALL Email Security solutions protect some of the largest Enterprises worldwide, including numerous Fortune 1000 companies. For more information please click here.
About SonicWALL, Inc.
SonicWALL is committed to improving the performance and productivity of businesses of all sizes by engineering the cost and complexity out of running a secure network. Over one million SonicWALL appliances have been shipped through its global network of ten thousand channel partners to keep tens of millions of worldwide business computer users safe and in control of their data. SonicWALL's award-winning solutions include network security, secure remote access, content security, backup and recovery, and policy and management technology. For more information, visit the company web site at http://www.sonicwall.com/.
Safe Harbor Regarding Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include but are not limited to statements regarding the benefits associated with the Clean Wireless solution, added functionality associated with SonicWALL's Email Security (SES) solutions, SonicWALL's GRID Network, SonicWALL's Global Management System (GMS) SonicWALL's MTA (Mail Transfer Agent) and the added functionality, associated with Email Security 7.2 and SonicWALL's Advanced Reputation Management. These forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. In addition, please see the "Risk Factors" described in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2008, for a more detailed description of the risks facing our business. All forward-looking statements included in this release are based upon information available to SonicWALL as of the date of the release, and we assume no obligation to update any such forward-looking statement.
NOTE: SonicWALL is a registered trademark of SonicWALL, Inc. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
SonicWALL, Inc.
CONTACT: Colleen Nichols of SonicWALL, +1-408-962-6131,
cnichols@sonicwall.com; or Drew Smith of Bite Communications, +1-415-365-0401,
drew.smith@bitepr.com, for SonicWALL
Web Site: http://www.sonicwall.com/
Air Products Opens New Specialty Amines Plant in ChinaNanjing Plant Strengthens Capabilities in China to Serve Growing Polyurethane Additives and Epoxy Markets
LEHIGH VALLEY, Pa., Nov. 3 /PRNewswire-FirstCall/ -- Air Products today has opened its new specialty amines plant in Nanjing, Jiangsu Province, China. The facility complements its existing local capabilities to support customers in the growing polyurethane additives and epoxy markets.
Located in the Nanjing Chemical Industry Park (NCIP), the new state-of-the-art specialty amines plant is a multi-reactor, multi-purpose facility designed to manufacture many of the amine chemistries marketed by the business globally. Air Products has already built and operates two large air separation plants and a pipeline system to serve customers in the NCIP.
"China is a high growth region for the world and for Air Products. China's growth and domestic development in key markets and industries, such as construction, coatings, and automobile production, make this an important place for us to be focused on for growth and new business. We are honored to build our new capability in the world-class Nanjing Chemical Industry Park and participate in the development of Jiangsu Province," said John E. McGlade, chairman, president and chief executive officer of Air Products at the opening ceremony. "The new specialty amines plant is another strategic investment that Air Products has made in China to better serve our customers with the range of performance materials and technologies that meet global performance standards and enable local companies to continue to grow and support development of their industries."
The new specialty amines plant has significantly strengthened the supply chain capabilities of Air Products' Performance Materials business in China and throughout Asia. Other strategic capabilities that the company has built for its Performance Materials business include a technology center in Shanghai's Zhangjiang Industrial Park; a triethylenediamine (TEDA) manufacturing facility for polyurethane additives in Changzhou; warehouses in Changzhou, Shanghai, Guangzhou and Nanjing; plus a strong local team to serve both China and Asian customers.
The plant has also enhanced Air Products' ability to supply differentiated products which can be formulated locally to meet local needs. The initial focus will be on several performance-oriented products marketed by Air Products' epoxy additive and polyurethane additive product lines, including the Polycat® and Dabco® series of amine catalysts, and Ancamine® , Ancamide® and Sunmide® series of epoxy curing agents used in diverse industries, such as coatings, inks, adhesives, construction, appliance and automotive.
Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit http://www.airproducts.com/.
***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.
Air Products
CONTACT: Media Inquiries: Asia, Jessica Cheng, +852-2863-0585,
chengjs@airproducts.com, or U.S., Robert Brown, +1-610-481-1192,
brownrf@airproduct.com, or Investor Inquiries: Nelson Squires,
+1-610-481-7461, squirenj@airproducts.com, all of Air Products
Web Site: http://www.airproducts.com/
Search for Financial Independence Fuels 'Reinvention Renaissance,' According to Tigrent SurveyMore Americans are rethinking financial goals amid economic uncertainty
CAPE CORAL, Fla., Nov. 3 /PRNewswire-FirstCall/ -- Twenty-two months after descending into an historic recession, amid lingering uncertainty over the economic recovery, many Americans are prepared to make short-term sacrifices to reinvent themselves and their careers to achieve financial independence, according to a newly released survey from Tigrent Inc. The Tigrent 2009 Financial Independence Survey "Reinvention: What's Stopping You?," which polled 3,000 adults across the US, Canada and the UK, reveals that a "reinvention renaissance" has been born out of the global financial crisis, with people ready and willing to reinvent themselves in order to gain financial independence. The survey was conducted by Opinion Research Corporation (ORC) on behalf of Tigrent Inc. (BULLETIN BOARD: TIGE, http://www.tigrent.com/) .
According to the survey, 61 percent of Americans are uncomfortable with their current financial situation. The Tigrent study found that an even higher proportion - eight out of 10 Americans - are "ready and willing to make sacrifices in the short-term in order to become financially independent in the long-run." Nearly three out of four respondents (72 percent) went so far as to say they need to "reinvent themselves" as a result of the financial crisis in order to increase earning power and accumulate wealth.
Asked what was holding them back from taking steps to achieve financial independence, more than one out of two respondents (55 percent) ranked insufficient knowledge about investing as the number-one reason stopping them from doing so. Forty-seven percent cited lack of time as the number-two reason.
"While Americans are willing to take the necessary steps to prepare themselves for a sound financial future and are searching for new and different directions to help them achieve financial independence, based on our survey results, it is still clear that there is a general lack of education around basic personal finance principles," said Charles M. Peck, CEO and Member of the Board of Directors, Tigrent Inc. "Today, it is understood that we all have to be more resourceful about our own wealth intelligence, and the goal should be a fuller life, not just a full-time job. Through our training and tools, I believe Tigrent can help Americans achieve this."
Tigrent's survey underscores other studies suggesting Americans are feeling pessimistic about how soon the economy will rebound. A separate poll released last week by The Wall Street Journal/NBC News showed that, out of 1,009 surveyed, just 42 percent said the economy will get better in the next 12 months, down from 47 percent in September.
Perhaps reflecting ambivalence about how to proceed in the face of the financial crisis, 66 percent of Americans feel that financial independence means receiving a regular check from an employer.
Tigrent has undergone its own transformation, reflecting its long-range vision for the for-profit training and personal development industry. Tigrent provides hands-on training, coaching and mentoring in real estate investing, financial instruments investing and entrepreneurship. Tigrent has seen a thorough reinvention, from new and refined course offerings to its operations and management team including new CEO Charles M. Peck, who took the helm in September 2008, as part of a distinguished career leading companies in transition, including start-ups, turnarounds, integration efforts and growth companies.
Global perspectives
Americans aren't the only ones with economic concerns around their financial independence, of course. While 52 percent of Canadians are not comfortable in their current financial situations according to the survey, close to 80 percent say they are ready and willing to make sacrifices to enhance earning power in order to build wealth and 61 percent say they need to reinvent themselves in order to increase earning power to achieve financial independence.
Seventy-two percent of British respondents say that they are ready and willing to make sacrifices to change their financial situations, while 57 percent agree that they would need to reinvent themselves in order to increase their earning power and achieve financial independence, the least out of the three countries surveyed.
Additional Findings from the 2009 Tigrent Financial Independence Study
-- Sixty percent of females compared to 49 percent of males claim
insufficient knowledge about investing is the top reason that's
stopping them from setting out to build enough wealth to become
financially independent of any employer.
-- One-third (33%) of females agree that they are comfortable with their
current financial situation compared to 45 percent of males.
-- Almost half (48%) of respondents age 65+ agree that as a result of
experiences during the financial crisis, they need to reinvent
themselves to enhance earning power and in order to build wealth.
-- An overwhelming number of African-Americans (80%) say that financial
freedom means being self-employed or owning their own business, while
significantly fewer whites (50%) agree with that statement.
The Tigrent Financial Independence survey was conducted by Opinion Research Corporation in the US, Canada and UK using Online CARAVAN® from October 19-20, 2009 in the US and October 19-21, 2009 in the UK and Canada. More than 3,000 interviews were conducted among adults 18 years of age or older. Full survey results and methodology are available upon request.
About Tigrent Inc.
Tigrent Inc. (BULLETIN BOARD: TIGE, http://www.tigrent.com/) is a leading provider of practical, high-quality and value-based training, conferences, publications, technology-based tools and mentoring where customers acquire learning they can apply to accumulate wealth. Through our affiliates, Tigrent Learning, Tigrent eLearning, Tigrent Brands and Rich Dad Education, we provide an innovative training model that imparts skills and knowledge in investing (real estate and financial instruments), entrepreneurship and personal finance. Tigrent combines a team of trainers, mentors and coaches who possess practical, hands-on experience in their areas of expertise with a rigorous instructional design methodology and proprietary content-rich advanced training courses to create rewarding customer experiences across the United States, United Kingdom, Canada and the Asia-Pacific region.
About Opinion Research Corporation
Opinion Research Corporation, an infoGroup company, has offered innovative solutions to the toughest market research challenges of clients worldwide since 1938. Since the 1960s, ORC has conducted CARAVAN®, the USA's longest continuously running consumer omnibus. In addition, the firm has been conducting national, speech reaction, state and flash/overnight polls for CNN since April 2006. To learn more, visit http://www.opinionresearch.com/.
Special Note Regarding Forward Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include all statements other than those made solely with respect to historical facts. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results or performance to be materially different from any future results or performance expressed or implied by these forward-looking statements. These factors include those factors which can be found in our Form 10-K for the year ended December 31, 2008 and our other filings with the Securities and Exchange Commission. Forward-looking statements in this press release should be evaluated in light of these important factors. Although we believe that these statements are based upon reasonable assumptions, we cannot provide any assurances regarding future results. We undertake no obligation to revise or update any forward-looking statements or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Tigrent Inc.
CONTACT: Brian Hickey, Managing Director, CJP Communications,
+1-212-279-3115 x 245, bhickey@cjpcom.com; or Jane Washburn, Group Marketing
Director, Tigrent Inc., +1-239-542-0643 x 6291, janewashburn@tigrent.com
Web Site: http://www.tigrent.com/
EXFO to Unveil Solution for Complete Mobile Backhaul Network Testing and MonitoringSee EXFO on November 3 and 4, during Ethernet EXPO in New York, at Booth 222, where this and other end-to-end network assessment solutions will be on display
QUEBEC CITY, Nov. 3 /PRNewswire-FirstCall/ -- EXFO Electro-Optical Engineering Inc. announced today the unveiling of its end-to-end assessment solution for mobile backhaul networks at Ethernet EXPO 2009. EXFO's unique assessment solution enables network operators to remotely turn up, monitor, troubleshoot and validate services across the entire backhaul network, while minimizing truck rolls and resource allocations ? ultimately resulting in faster and more cost-effective network lifecycle management.
While at Ethernet EXPO in New York on November 3 and 4, 2009, EXFO will be at Booth 222, where it will also be demonstrating a wide range of other end-to-end assessment solutions that cover the entire network lifecycle.
Namely, visitors will be able to discover EXFO's centralized and integrated test and monitoring capabilities, which combine platform-based physical/transport test modules with the Brix System, for a 24/7 service assurance solution that is both vendor- and network-neutral. This solution not only enables operators to enhance and optimize network performance, but it also allows them to proactively recognize and address potential disruptions before they affect service. The result is increased customer satisfaction, reduced churn and lower testing and maintenance expenses.
Moreover, during the EXPO, Kaynam Hedayat, CTO and Senior Director, Product Line Management, EXFO Service Assurance, will be presenting as part of a speaker panel discussion entitled Ethernet Network and Service Management Strategies ? taking place on Wednesday, November 4, from 11:30 a.m. to 12:30 p.m. This interactive panel discussion will examine the issues faced by operators looking for more sophisticated management tools that can help them monitor and maintain their Ethernet-based networks and provide customers with increased visibility into service performance.
"Our mobile customers' key challenge in migrating to a packet-based backhaul resides in the need to manage performance at the service level," said Germain Lamonde, President, CEO and Chairman of the Board of EXFO. "Our centralized solution integrates seamlessly and provides essential real-time insight into network/service performance so that providers can deliver best-in-class services cost-efficiently."
For more information on EXFO's mobile backhaul expertise and solution, please visit http://www.exfo.com/mbh.
About EXFO
EXFO is a leading provider of test and service assurance solutions for network service providers and equipment manufacturers in the global telecommunications industry. The Telecom Division offers a wide range of innovative solutions extending across the full technology lifecycle ? from design to technology deployment and onto service assurance ? and covering all layers on a network infrastructure to enable triple-play services and next-generation, converged IP networking. The Life Sciences and Industrial Division offers solutions in medical device and opto-electronics assembly, fluorescence microscopy and other life science sectors. For more information, visit http://www.exfo.com/.
EXFO ELECTRO-OPTICAL ENGINEERING INC.
CONTACT: Maryse Brodeur, Media Planner, (418) 683-0913, Ext. 3429,
maryse.brodeur@EXFO.com; Vance Oliver, Manager, Investor Relations, (418)
683-0913, Ext. 3733, vance.oliver@EXFO.com
DreamWorks Animation Names Kelley Avery Worldwide Head of Franchise Strategy and Distribution
GLENDALE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- DreamWorks Animation SKG, Inc. today announced that it has named Kelley Avery to the newly-created position of Worldwide Head of Franchise Strategy and Distribution. In this new role, Avery's primary responsibility will be to oversee the development of the studio's global franchise plan, including new product and business initiatives, distribution of content on physical and digital platforms, as well as oversight of the Company's existing home entertainment business.
DreamWorks Animation CEO Jeffrey Katzenberg stated, "With our increased slate of films and our new franchise initiatives, the time is right to bring in an executive of Kelley's considerable talent and experience to help us develop these properties and drive new revenue opportunities across numerous platforms."
Ann Daly, COO of the Company, added, "We are thrilled to have Kelley join us at DreamWorks Animation. Her expertise in brand development and unique knowledge of the marketplace will enable us to move forward with our growth initiatives as we work to maximize the full potential of our properties globally. All of her skills will come into play as we look to extend our beloved characters beyond the movie screen and onto television, the live stage, online and through exclusive DVD content."
Kelley Avery said, "I am excited about the franchise growth opportunities at DreamWorks Animation, and am personally thrilled to join the Company during such an energizing and creative period."
Avery is an accomplished veteran of the entertainment industry, with more than 25 years of experience in a variety of executive roles. Avery joins DreamWorks Animation from her position as President of Worldwide Home Entertainment for Paramount Pictures. Under her leadership, Paramount Home Entertainment became one of the top performing organizations worldwide. Prior to that, Avery headed the Home Entertainment division of DreamWorks and served in similar roles at Walt Disney Studios.
About DreamWorks Animation SKG
DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television specials and series, live entertainment properties and online virtual worlds, meant for audiences around the world. The Company has world- class creative talent, a strong and experienced management team and advanced filmmaking technology and techniques. All of DreamWorks Animation's feature films are now being produced in 3D. The Company has theatrically released a total of 18 animated feature films, including the franchise properties "Shrek," "Madagascar" and "Kung Fu Panda."
Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's plans, prospects, strategies, proposals and our beliefs and expectations concerning performance of our current and future releases and anticipated talent, directors and storyline for our upcoming films and other projects, constitute forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industry in which we operate and management's beliefs and assumptions. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of DreamWorks Animation SKG, Inc. These risks and uncertainties include: audience acceptance of our films, our dependence on the success of a limited number of releases each year, the increasing cost of producing and marketing feature films, piracy of motion pictures, the effect of rapid technological change or alternative forms of entertainment and our need to protect our proprietary technology and enhance or develop new technology. In addition, due to the uncertainties and risks involved in the development and production of animated feature projects, the release dates for the projects described in this document may be delayed. For a further list and description of such risks and uncertainties, see the reports filed by us with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our most recent quarterly reports on Form 10-Q. DreamWorks Animation is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.
DreamWorks Animation SKG, Inc.
CONTACT: Jeff Hare of DreamWorks Animation Publicity, +1-818-695-8055,
jeff.hare@dreamworks.com; or Shannon Olivas of DreamWorks Animation Corporate
Communications, +1-818-695-3658, shannon.olivas@dreamworks.com
Web Site: http://www.dreamworksanimation.com/
Green Mountain Energy Company Calls on tw telecom to Build Disaster Recovery Solution- Connects company's data center in Austin, Texas to redundant site in Phoenix - Leverages tw telecom's newly expanded Phoenix metro fiber optic network
PHOENIX, Nov. 3 /PRNewswire-FirstCall/ -- tw telecom , a leading provider of managed voice, Internet and data networking solutions for businesses, today announced Austin, Texas-based Green Mountain Energy Company, the nation's leading provider of cleaner energy and carbon offset solutions, has completed the implementation of a new disaster recovery solution over tw telecom's national MPLS network. The installation includes its new fiber optic network expansion in Phoenix, Arizona.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO)
The solution connects Green Mountain's Austin data center to a redundant implementation of servers and storage operating in a third-party data center served by tw telecom.
"High customer satisfaction is one of our top corporate values and a robust business continuity strategy is key to delivering high customer satisfaction," said Heidi Schrab, director of operations at Green Mountain Energy Company. "When we were working on plans for updating our disaster recovery solutions and reviewing partner options, tw telecom stood out. Their team worked with us on several disaster recovery scenarios and together we were able to leverage the latest in technologies and deploy the new connectivity quickly. The tw telecom infrastructure reach and their ability to deliver on-net services into third-party data centers sealed the deal."
"Green Mountain Energy Company is an innovative and forward looking company that focuses on quality and efficiencies as it builds out its enterprise network," said Ron Martin, vice president and general manager for tw telecom's Phoenix market. "Our Phoenix fiber optic network has over 1.2 million square feet of co-location and data center space already connected, so we were able to implement a disaster recovery solution for Green Mountain Energy in a fraction of the time others would have taken to build it out.
"Our customers across the country are building out disaster recovery applications and integrating new technologies like Telepresence, all of which require scalable, secure and reliable bandwidth. We have invested in our network infrastructure to capture that market growth," Martin added.
tw telecom connects more commercial buildings to its fiber network than any other competitive communications provider. In fact, it has the third highest market share of retail Ethernet ports in service. With its own metro fiber networks and one of the ten most interconnected IP backbones in the world, tw telecom has the national capability, robust product portfolio and national/local customer care teams to support mission critical enterprise applications and to deliver the industry's most sought after customer experience.
About tw telecom
tw telecom holdings inc., a unit of tw telecom inc., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP, VPN and security, to enterprise organizations and communications services companies throughout the U.S., and globally. As a leading provider of integrated and converged network solutions, tw telecom delivers customers overall economic value, quality, service, and improved business productivity. Please visit http://www.twtelecom.com/ for more information.
About Green Mountain Energy
Green Mountain, the nation's leading provider of cleaner energy and carbon offset solutions, was founded in 1997 "to change the way power is made." The company is the longest serving green power marketer in the U.S. Green Mountain offers consumers and businesses the choice of cleaner electricity products from renewable sources such as wind and water and carbon offset products. Green Mountain customers have collectively helped avoid over 4.9 million tons of CO2 emissions. For more information, visit http://www.greenmountain.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH527LOGO
tw telecom
CONTACT: Bob Meldrum, +1-303-566-1354, bob.meldrum@twtelecom.com
Web Site: http://www.twtelecom.com/
http://www.greenmountain.com/
First State Bank of Dix Chooses CSI Because of Customer Service
PADUCAH, Ky., Nov. 3 /PRNewswire-FirstCall/ -- First State Bank of Dix in Dix, Illinois, recently partnered with Computer Services, Inc. (CSI) (Pink Sheets: CSVI) because of the company's long-standing commitment to community banking and reputation for outstanding customer service.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080418/CSILOGO)
With branches in Dix and Mount Vernon, Illinois, First State Bank of Dix (FSB) prides itself in being a real community bank; one that focuses on the needs of its customers and the communities it serves. When FSB considered leaving its former data processor, the bank looked for a provider that offered products to help it better serve customers.
According to David Davis, FSB President, the bank was impressed with CSI's level of customer service. "CSI has already been more responsive with their customer service than our former processor," explained Davis. "From the sales staff to the technical support and transition teams, CSI is always available to answer our questions. Throughout the transition process, we've noticed that CSI's staff is very knowledgeable, conscientious, thorough, and detailed."
Andy Burkett, CSI Vice President of Sales, expressed the company's dedication to helping FSB continue to grow and better serve customers. "CSI has a long-standing commitment to community banks like First State Bank of Dix," explained Burkett. "CSI looks forward to using our unique knowledge of community banking to provide FSB with a winning mix of products and services that will help the bank generate revenue and promote customer loyalty."
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, and regulatory compliance solutions to over 6,000 financial institutions and corporate entities. Technology planning, local account managers and world-class customer service explain why CSI has come to be known as one of the nation's premier providers of banking solutions. CSI's stock is traded on the OTCQX under the symbol CSVI. For more information about CSI, visit http://www.csiweb.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20080418/CSILOGO
Computer Services, Inc.
CONTACT: Andy Burkett, Vice President of Sales of Computer Services,
Inc., +1-800-545-4274, ext 16745 or aburkett@csiweb.com
Web Site: http://www.csiweb.com/
Egencia Releases 2010 Forecast and Annual Hotel Negotiability Index for Corporate TravelIndex Shows Corporations to Retain Hotel Buying Power into 2010
BELLEVUE, Wash., Nov. 3 /PRNewswire/ -- Egencia®, an Expedia, Inc. company, today unveiled its 2010 Corporate Travel Forecast and Hotel Negotiability Index, finding that average ticket prices (ATPs) for corporate travelers to top business travel destinations are expected to increase globally, with a 5 to 10 percent increase anticipated in key North American cities. Egencia's Hotel Negotiability Index looks at city-specific data to help business decision makers gauge travel program opportunities while planning. This year's Index analyzes corporations' buying power in nearly 40 global cities.
The study evaluates global industry trends, macroeconomic factors, in-depth research of supplier markets and capacity to deliver a current report on air, hotel and car rental trends in both domestic and international destinations.
"Overall, we expect to see some year-over-year recovery of business travel in 2010 as economies stabilize around the world," said Rob Greyber, President of Egencia. "The resulting demand coupled with suppliers maintaining capacity discipline is expected to push air prices higher in many business destinations."
North America
Despite continued depressed demand for front of cabin travel, increased low-cost competition and ancillary fees contributing downward pressure on ATPs, several factors are likely to push corporate travel prices upward, including: the post-recession economy impacting corporate travel demand, airlines maintaining capacity discipline, recent airline industry mergers, and the persistent inflation risk.
Conversely, average daily rates (ADRs) for business travelers are expected to stay flat or decrease up to 5 percent year-over-year for key cities. Though pent-up demand, renewed strength in certain business sectors and increased meetings/conference spend are expected to contribute upward pressure on pricing, lower air capacity bringing fewer travelers is likely to maintain or decrease ADRs. Additionally, the abundance of short term hotel supply from 2008 - 2009, rising air prices and corporate contracts leveraging reduced rates already in place for 2010 will add further downward pressure.
Charts below illustrate year-over-year 2010 vs. 2009 ATP and ADR figures in the local currency in selected business travel destinations around the world for North American points of sale.
North America
Destination ATP YoY ADR YoY
----------- ------- -------
Atlanta -1% 3%
Boston 2% 2%
Calgary 3% -1%
Chicago 3% -2%
Dallas 5% -3%
Denver 9% -5%
Houston 6% -4%
Los Angeles 4% -1%
Minneapolis/St.
Paul 5% -1%
--------------- --- ---
Destination ATP YoY ADR YoY
----------- ------- -------
Montreal 5% -1%
New York 5% -4%
Philadelphia 11% -4%
Phoenix 12% -6%
San Diego 16% -6%
San Francisco 4% -2%
Seattle 10% -3%
Toronto 5% 0%
Washington, DC 9% -2%
Vancouver 2% 0%
--------- --- ---
International
Destination ATP YoY ADR YoY
----------- ------- -------
Hong Kong 1% -4%
London 3% 1%
Paris 2% 1%
Tokyo 1% -1%
----- --- ---
For the U.S. car rental industry, 2009 was an unusual year. Car rental prices for business travelers increased 10 to 20 percent, while lack of financing coupled with the troubled automaker industry made it difficult for rental agencies to replenish their fleets. Egencia expects the situation to be alleviated somewhat in 2010 with car rental prices decreasing 5 percent year-over-year due to restored financing and increased competition for consumers/business travelers.
Supply Outlook: Hotel Negotiability
Egencia's Hotel Negotiability Index, an indicator of the overall supply landscape in top North American cities, suggests that 2010 will remain a buyer's market for corporations during at least the first two quarters. The majority of major North American business destinations will maintain high negotiability, with the exceptions of Boston and Washington DC.
Boston, for example, has been less affected by the recession compared with other business destinations, so the anticipated influx of business travel and limited new capacity could make negotiations for that region more challenging. Washington DC will be a challenging destination for negotiations due to the increased role government is playing in multiple sectors of the economy.
2010 Hotel Negotiability Index for North America
(Photo: http://www.newscom.com/cgi-bin/prnh/20091103/CG03756)
"With a few exceptions, the hotel negotiation opportunity for travel and business decision makers is strong for 2010," said Pam Keenan Fritz, Senior Vice President of Egencia North America. "We advise our clients to move forward with negotiations now or in the near term to take full advantage of the climate, arming themselves with data to show how they can influence volumes."
Travel Management Trends
Egencia surveyed more than 100 travel managers on cost control measures, travel spend and expectations for 2010. According to survey respondents, 59 percent say company travel has slightly or significantly reduced this year, compared with 48 percent a year ago in October 2008. Ten percent reported a slight increase in business travel compared with only 3 percent a year ago.
The top cost-cutting measures travel managers are using include:
-- Advanced booking of airline tickets (57%, up from 55% in fall 2008)
-- Rigorous enforcement of travel policy (52%, up from 44%)
-- Active tracking of unused tickets (45%, up from 44%)
-- Requiring pre-trip approval (44%, up from 43%)
"The difficult economy of 2009 coupled with better travel management reporting and tools has driven travel and procurement managers to take stronger control of their programs," said Keenan Fritz. "This is evident in the trends we are seeing with policy enforcement data and negotiations - one third of travel managers say they are evaluating and making changes to their travel programs more frequently.*"
Strategic meetings management has been a growing theme for the corporate travel industry in 2009, and there is healthy opportunity for further consolidation between meetings and business travel programs into 2010. As companies resume investment in meetings and incentives, there is a greater focus on budget management and delivering significant ROI on meetings spend.
Europe
Pricing for both corporate travel ATPs and ADRs in top European business travel destinations are expected to rise slowly. European cities have shown signs of positive growth, and business demand will begin to increase in travel especially in finance markets. Recent airline capacity cuts, increased focus on carrier profitability and recent shifts in the airline industry including the Delta/Northwest merger and Air France and Air Italia consolidation are also contributing upward pressure. Hotels located in these business hubs are likely to benefit from the increased demand.
Charts below illustrate year-over-year 2010 vs. 2009 ATP and ADR figures in U.S. dollars in selected business travel destinations for European points of sale.
Destination ATPYoY ADR
----------- ------ ---
Amsterdam 3% 0%
Barcelona 7% -1%
Berlin 0% 2%
Brussels 0% 3%
Frankfurt 4% 1%
London 1% 1%
Madrid 1% 2%
Milan 2% 1%
Munich 2% 1%
Paris 0% 1%
----- --- ---
Asia-Pacific
Corporate travel ATPs are expected to rise just slightly across Asia-Pacific cities due to increased demand outstripping supply. However, Egencia expects fewer business travelers to the region to mean lower to flat ADRs, with the exceptions of Sydney and Singapore, which may see a small rebound in pricing.
Charts below illustrate year-over-year 2010 vs. 2009 ATP and ADR figures in U.S. dollars in selected business travel destinations for Asia-Pacific points of sale.
Destination ATP ADR
----------- --- ---
Beijing 4% -8%
Delhi 4% -4%
Hong Kong 4% -4%
Melbourne 3% -1%
Mumbai 1% 0%
Shanghai 2% -1%
Singapore 1% 1%
Sydney 0% 1%
Tokyo 0% -1%
----- --- ---
Negotiability Indexes for APAC and Europe are available. Further insights into Egencia's 2010 Corporate Travel Forecast and Negotiability Index are available upon request.
Research Methodology
Projections are based on the statistical analysis of the past and current industry trends, macroeconomic factors, research of supplier markets, and vendors' capacity forecasts for 2010.
Disclaimer
This data refers to business destinations and business travel pricing. These projections are based on information gathered from various internal and external sources. The forecast represents an opinion based on current market factors and is not a representation or warranty as to the accuracy of the forecasts or projections made herein. Actual changes in ticket prices and hotel rates could vary significantly from forecasted numbers, impacted by unforeseen future economic and political factors.
About Egencia, an Expedia, Inc. Company
Egencia is the fifth largest travel management company in the world. As part of Expedia, Inc., , the world's largest travel marketplace, Egencia helps businesses get ahead by offering the only truly integrated corporate travel service. Egencia's industry expertise helps drive results that matter, delivering meaningful advancements that have a real impact. By combining a powerful offline and online service, Egencia delivers a complete corporate travel offering supported by global market expertise and a best-in-class technology platform.
For more information, go to http://www.egencia.com/
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance. These forward-looking statements are based on management's expectations as of the date of this press release and assumptions which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Actual results and the outcome of events may differ materially from those expressed or implied in the forward-looking statements for a variety of reasons, including declines or disruptions in the travel industry caused by, among others, prolonged adverse economic conditions, health risks, increased adverse weather, war and/or terrorism and bankruptcies.
Egencia and the Egencia logo are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners.
© 2009 Egencia, LLC. All rights reserved. CST #: 2083922-50/
*33% evaluating/negotiating programs more frequently versus 6% doing so less frequently
Photo: http://www.newscom.com/cgi-bin/prnh/20091103/CG03756
PRN Photo Desk, photodesk@prnewswire.com
Egencia
CONTACT: Lauren Berg of Edelman, +1-312-233-1390,
lauren.berg@edelman.com; or Canada, Noor Marzook, +1-416-979-1120,
noor.marzook@edelman.com, both for Egencia
Web Site: http://www.egencia.com/
http://www.expediacorporate.com/
STS Group : Activité au 30 septembre 2009 (9 mois) en progression
RUEIL, France, November 3 /PRNewswire/ --
(Comptes consolidés non certifiés)
en KEUR Réalisé Réalisé the change in Rappel 2008
30/09/2009 30/09/2008 09/08 (12 mois)
Chiffre d'affaires 15.609 13.223 +18,0% 16.542
Résultat
d'exploitation 7.169 5.837 +22,8% 6.659
Résultat courant 7.045 5.979 +17,9% 6.738
Résultat net après
IS et amortissement
de l'écart
d'acquisition 5.005 4.423 +13,2% 5.027
1 - Activité :
L'activité du 3ème trimestre 2009 a été marquée par :
- La décision du secteur bancaire d'investir à nouveau dans
des licences logicielles (nous attendons plusieurs commandes importantes sur
Q4/2009 et Q1/2010)
- Le décollage commercial des plateformes créées en 2008 et
début 2009. Document Channel que nous détenons à 30%, aux côtés du Groupe
BERTELSMANN, vient d'enregistrer plusieurs commandes prometteuses et surtout
de signer et d'annoncer un partenariat mondial avec le Groupe SAGEM destiné à
sa clientèle professionnelle. ERYNNIS, quant à elle, vient de transformer les
Beta tests signés avec deux groupes de taille mondiale, RR DONNELLEY et SITEL
CORP, en contrat SaaS de longue durée.
- Nous venons de signer plusieurs nouvelles plateformes SaaS
dans des pays où nous étions absents (Europe et Amérique du Sud) toujours
selon le même modèle : nous apportons au capital notre licence en prenant une
part minoritaire de celui-ci car notre métier n'est pas de devenir opérateur
de plateforme, et nos revenus futurs sont composés de la redevance annuelle
de maintenance et d'un pourcentage dégressif sur les volumes générés par la
plateforme.
2 - Analyse des chiffres :
Nous pensons, compte tenu des plateformes SaaS que nous devons
encore installer d'ici la fin de l'année, que nous terminerons l'exercice
avec un Chiffre d'Affaires de l'ordre de 20MEUR pour un résultat net
d'environ 6MEUR contre 5MEUR à fin 2008, soit une progression de l'ordre de
20%.La décision, avec nos Commissaires aux Comptes, de prendre en charge
l'ensemble des frais occasionnés depuis le mois d'octobre en vue de la prise
de contrôle d'une cible, n'a pas encore été prise, si c'était le cas,
l'impact négatif sur le résultat annoncé serait d'environ 500KEUR. De plus,
il n'est pas complètement à exclure qu'une prise de participation majeure
intervienne avant le 31/12/2009 qui impliquerait un changement de périmètre
de consolidation au 31/12/2009.
Pour permettre une bonne comparaison des chiffres au 30/9/2009
avec ceux au 30/9/2008, il convient de noter l'augmentation de
l'amortissement de l'écart d'acquisition de 470KEUR d'un exercice sur l'autre
3 - Acquisitions :
Comme nous l'indiquions le trimestre précédent, plusieurs
projets d'acquisition sont à l'étude, à ce stade aucune certitude ne permet
d'en annoncer un officiellement. De façon à nous doter des moyens financiers
nécessaires à l'acquisition retenue, sans recours à l'endettement, une
première augmentation de capital de 5MEUR réservée aux investisseurs
qualifiés vient d'intervenir et une seconde interviendra d'ici à la fin du
mois de novembre 2009.
La reprise de la cotation du titre sur le Marché Libre de NYSE
Euronext interviendra dès la clôture de celle-ci.
4 - Prochaines publications :
Compte tenu de la fusion des trois entités belges qui
interviendra d'ici le 31/12/2009 après celle réalisée des cinq entités
françaises au cours du 1er semestre 2009, la publication des comptes
consolidés 2009 (non certifiés) interviendra le 26 février 2010, et celle des
comptes consolidés certifiés le 26 mars 2010.
Leader en Europe de l'Echange et de l'Archivage Electronique à
valeur probatoire, STS Group est un éditeur de logiciels au modèle 100%
variable. La distribution de son logiciel STS SUITE est entièrement assurée
par ses partenaires : grandes SSII, intégrateurs, éditeurs spécialisés,
hébergeurs, FAI, etc. Ce modèle permet à STS d'accéder directement aux
clients les plus prestigieux, et de développer ses ventes sans être freiné
par sa capacité commerciale.
Avec un chiffre d'affaires de 16,6 mo EUR en 2008 pour un
résultat net de 5 moEUR, STS Group affiche plus de 250 clients grands
comptes.
STS Group est coté en Bourse, au Marché Libre, depuis novembre
2005 (codes MLSTS - FR0010173518).
Attention : La Société rappelle que ses actions ne sont pas
cotées sur un Marché Réglementé et qu'elle n'a pas le statut d'Emetteur
faisant appel à l'épargne publique. La dernière augmentation de capital n'a
pas fait l'objet de l'enregistrement d'une note d'opération portant visa de
l'Autorité des Marchés Financiers.
L'offre des actions s'est faite seulement auprès
d'investisseurs qualifiés agissant pour leur propre compte au sens de
l'Article L.411-2 du Code Monétaire et Financier
Contact : James COHEN, james.cohen@group-sts.com,
tél : +33(0)1-47-51-33-36
Agence de Presse : Laurence DUTREY, ldutrey@scenarii.fr,
tél : +33(0)1-55-60-20-42
STS Group
Contact : James COHEN, james.cohen@group-sts.com, tél : +33(0)1-47-51-33-36; Agence de Presse : Laurence DUTREY, ldutrey@scenarii.fr, tél +33(0)1-55-60-20-42
Rachat de Fannie Mae
WASHINGTON, November 3 /PRNewswire/ --
Fannie Mae (NYSE : FNM) rachètera les montants en principal des valeurs
émises aux dates de rachat indiquées ci-dessous à un prix égal à 100 pour
cent des montants en principal auxquels on ajoutera l'intérêt couru aux dates
de rachat :
Montant en Type de Taux Date CUSIP Date du
principal valeur d'intérêt d'échéance rachat
145 000 000 USD MTN 4,733 % 13 août 2012 3136F8WT8 13 novembre
2009
30Â 000Â 000 USD MTN 2,250 % 13 février 2014 3136F96K4 13 novembre
2009
75Â 000Â 000 USD MTN 5,500 % 13 novembre 2017 3136F8WZ4 13 novembre
2009
Fannie Mae existe pour développer les logements abordables et pour
apporter des capitaux mondiaux dans les communautés locales afin de servir le
marché du logement américain. Fannie Mae a une charte fédérale et évolue sur
le marché hypothécaire secondaire américain pour améliorer les liquidités du
marché hypothécaire en fournissant des fonds aux instituts de crédit foncier
et autres prêteurs pour qu'ils puissent prêter aux acquéreurs de logement.
Notre mission consiste à aider ceux qui logent l'Amérique.
Le présent communiqué de presse ne constitue pas une offre de vente ni la
sollicitation d'une offre d'achat des titres de Fannie Mae. Rien dans ce
communiqué de presse ne constitue un conseil quant aux avantages de l'achat
ou de la vente d'un investissement particulier. Toute décision
d'investissement relative à l'achat des titres mentionnés dans ce communiqué
doit être uniquement fondée sur les informations contenues dans le prospectus
d'émission de Fannie Mae qui s'applique. Il ne faut pas tenir pour acquis que
les informations contenues dans ce communiqué sont d'une exactitude ou d'une
exhaustivité absolue.
Vous ne devez négocier des valeurs que si vous comprenez leur nature
ainsi que l'ampleur des risques que vous prenez. Assurez-vous que ces valeurs
vous conviennent dans les circonstances qui sont les vôtres et par rapport à
votre situation financière. Si vous avez quelque doute que ce soit, veuillez
consulter un conseiller financier qualifié.
Fannie Mae
Latressa Cox de Fannie Mae, +1-202-752-6707
Braskem Announces EBITDA of R$ 838 Million in 3Q09
SAO PAULO, November 3 /PRNewswire/ --
BRASKEM S.A. (BOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK),
the leading company in the thermoplastic resins industry in Latin America and
third-largest resin producer in the Americas, announces today its results for
the third quarter of 2009 (3Q09).
HIGHLIGHTS OF THE PERIOD:
-- Domestic resins sales volume grew 10% in the quarter, led by PP and
PVC, which posted growth of 15% and 17%, respectively. The company also
registered a record high for PP sales in a single quarter, with domestic
sales volume of 202 kton.
-- Net revenue in U.S. dollar up 22% to US$ 2.2 billion, reflecting the
continued strong performance of the domestic market, driven by a recovery in
prices for both resins and basic petrochemicals. For the same reasons, EBITDA
was R$838 million, with EBITDA margin of 20.7% in the quarter.
-- Braskem operates its crackers at full capacity in the quarter with an
average utilization rate of 97%. In 3Q09, the Company once again registered
record ethylene production at the crackers located in the Camacari Complex,
in the state of Bahia.
-- Fixed costs reduction reached R$ 98 million in General &
Administrative expenses for 9M09, 19% lower when compared to 9M08.
-- The spin-off of QuantiQ's polymer unit on September 1, 2009 resulted
in the creation of Varient, Braskem's new resin distributor, which will
create more value for clients and to the business by focusing and
specializing in thermoplastic resin sales.
-- Braskem is currently negotiating contracts for approximately 60% of
the ethanol needed to supply its ETBE and green ethylene (Green PE) plants.
The full earnings release is available on the Company's IR website:
www.braskem.com.br/ir
Braskem will host conference calls to discuss 3Q09 results TOMORROW,
November 4, 2009, at 9:00 a.m. ET in English and 7:00 a.m. ET in Portuguese.
See connecting details on the Company's IR website at www.braskem.com.br/ir
For further information, please contact Braskem's Investor Relations
Area:
Luciana Paulo Ferreira, (+55-11) 3576-9178,
luciana.ferreira@braskem.com.br
Roberta Pimphari Varella, (+55-11) 3576-9266,
roberta.varella@braskem.com.br
Cintia Watai, (+55-11) 3576-9615, cintia.watai@braskem.com.br
Marina Dalben, (+55-11) 3576-9716, marina.dalben@braskem.com.br
Braskem S.A.
Luciana Paulo Ferreira, +55-11-3576-9178, luciana.ferreira@braskem.com.br, or Roberta Pimphari Varella, +55-11-3576-9266, roberta.varella@braskem.com.br, or Cintia Watai, +55-11-3576-9615, cintia.watai@braskem.com.br, or Marina Dalben, +55-11-3576-9716, marina.dalben@braskem.com.br, all of Braskem Investor Relations
Greenscape Portfolio Companies Announce New Contracts, Momentum Grows
VANCOUVER, November 3 /PRNewswire/ --
Announcement Highlights:
- SheFinds Media (formerly White Cat Media) Signs Contract with
Bank of America and Founder to Appear on Martha Stewart Show
- Lela Designs Announces 40 New Retailers To Carry Line Including Two
New Golf Town Locations
- Open Sundaes Signs Chinese Distribution Agreement with Biomedic
- Contemporary Organic Products Launches in Western United States
Greenscape Capital Group Inc. (TSXV: - GRN) is pleased to announce the
following updates from its portfolio of companies.
Greenscape, in addition to its eco-consultancy operation which assists
multiple companies in a wide range of industries seeking to green their
operations, has equity ownership interests in four companies; Lela Designs,
Contemporary Organic Products, Open Sundaes, and SheFinds Media. Greenscape
will provide regular updates to shareholders on the fundamental progress on
these holdings.
SheFinds Media ("SheFinds") has recently signed an agreement with Bank of
America, one of the world's largest financial institutions, serving more than
53 million consumers and small businesses. The contract is the largest single
transaction completed to date by SheFinds which includes an ad buy on
SheFinds.com and MomFinds.com as well as sponsored posts, newsletter
exposure, content creation and an extensive series of promotions for Bank of
America's "Add-It-Up" product. Additionally, through this transaction,
SheFinds is working with the producer of the Martha Stewart Show on a future
Martha Stewart Show segment which will feature Michelle Madhok, founder of
SheFinds. SheFinds has just launched a number of eco-friendly consumer
guides online, highlighting their favorite organic and eco-friendly clothing
and products.
Lela Designs ("Lela"), the eco-friendly clothing company that is
wholly-owned by Greenscape, is finishing its Spring 2010 selling season and
has confirmed that the line will appear in 40 new retailers this upcoming
season. Prior to the Spring 2010 selling season, a total of 115 retailers in
four different countries, were carrying the fashion-forward, eco-friendly
line that can also be found on some of the world's top golfers on the LPGA
Tour. Included in the 40 new stores carrying the line are two new Golf Town
locations. Prior to this season, Lela could be found in eight Golf Town
locations. Golf Town, founded in 1999, has grown to be Canada's golf
superstore and is one of the most prominent golf retailers in the world and
one of the largest golf retailers in North America.
Contemporary Organic Products ("COP"), Greenscape's wholly owned
manufacturer and wholesaler of all natural and organic food products, is
pleased to announce that it has launched its products into the Western United
States on the back of its strong presence in the Western Canadian market. COP
will be unveiling multiple new organic and all natural food products, in new
packaging, at The National Association for the Specialty Food Trade's
semi-annual show, taking place in San Francisco, CA. The show attracts 2,500
exhibitors and 24,000 attendees from 81 countries.
Open Sundaes, the sweets inspired bath and beauty company has just
launched in China. To facilitate this launch, Open Sundaes has engaged
Biomedic as a distribution partner. The initial roll out will take place in
Beijing, Guangzhou and Chendu once SFDA regulatory approval is secured. Test
samples were shipped out on October 27th to initiate this approval process.
In 2008, Greenscape assisted Open Sundaes to launch a new, environmentally
friendly packaging initiative, resulting in an immediate reduction in
plastics used by the company, and a move to 100% use of recycled material in
all new packaging. Greenscape identified potential packaging improvements
while conducting an environmental audit of the company, made recommendations
for change, and then financed the implementation of these changes. Greenscape
continues to work with Open Sundaes to further green their operations. Open
Sundaes products are sold in more than 230 retailers in Canada including 30
Hudson Bay locations.
About Greenscape Capital
Greenscape Capital Group identifies and invests in companies in the
eco-friendly consumer space. Greenscape provides strategic capital and
business advisory services to these companies to assist them in achieving
their corporate and environmental goals. Additionally, Greenscape operates an
eco-consulting company, working to help outside companies make their
operations more environmentally sustainable, socially responsible and
profitable.
ON BEHALF OF THE BOARD
"Bryan Slusarchuk"
CEO and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which
reflect the expectations of management regarding the future operations of the
Company's subsidiaries. Forward-looking statements consist of statements that
are not purely historical, including any statements regarding beliefs, plans,
expectations or intentions regarding the future. Such statements are subject
to risks and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the statements. No
assurance can be given that any of the events anticipated by the
forward-looking statements will occur (including whether any of the contracts
or business transactions contemplated above will occur, the value of such
contracts or business transactions, and whether any of the same will prove to
be viable or profitable) or, what benefits the Company will obtain from them.
For further information: Greenscape Capital Group Inc., Suite 501 - 525
Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7,
info@greenscapecapital.com, Tel. +1-604-687-7130,
http://www.greenscapecapital.com; Investor Relations Contact, KIN
communications, ir@kincommunications.com, Toll Free: 1-866-684-6730
Greenscape Capital Group Inc.
For further information: Greenscape Capital Group Inc., Suite 501 - 525 Seymour Street, Vancouver, British Columbia, Canada, V6B 3H7, info@greenscapecapital.com, Tel. +1-604-687-7130; Investor Relations Contact, KIN communications, ir@kincommunications.com, Toll Free: 1-866-684-6730
Fannie Mae Redemption
WASHINGTON, November 3 /PRNewswire/ --
Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for
the following securities issues on the redemption dates indicated below at a
redemption price equal to 100 percent of the principal amount redeemed, plus
accrued interest thereon to the date of redemption:
Principal Security Interest Maturity Date CUSIP Redemption
Amount Type Rate Date
US$145,000,000 MTN 4.733% August 13, 2012 3136F8WT8 November 13,
2009
US$30,000,000 MTN 2.250% February 13, 2014 3136F96K4 November 13,
2009
US$75,000,000 MTN 5.500% November 13, 2017 3136F8WZ4 November 13,
2009
Fannie Mae exists to expand affordable housing and bring global capital
to local communities in order to serve the U.S. housing market. Fannie Mae
has a federal charter and operates in America's secondary mortgage market to
enhance the liquidity of the mortgage market by providing funds to mortgage
bankers and other lenders so that they may lend to home buyers. Our job is to
help those who house America.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities of Fannie Mae. Nothing in this
press release constitutes advice on the merits of buying or selling a
particular investment. Any investment decision as to any purchase of
securities referred to herein must be made solely on the basis of information
contained in Fannie Mae's applicable Offering Circular, and that no reliance
may be placed on the completeness or accuracy of the information contained in
this press release.
You should not deal in securities unless you understand their nature and
the extent of your exposure to risk. You should be satisfied that they are
suitable for you in the light of your circumstances and financial position.
If you are in any doubt you should consult an appropriately qualified
financial advisor.
Fannie Mae
Latressa Cox of Fannie Mae, +1-202-752-6707
SonicWALL Discusses VoIP Firewall at VoiceConSonicWALL Solution Maximizes ROI on VOIP Technology While Providing Network Safety
SAN JOSE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- SonicWALL, Inc. , a leading secure network infrastructure company, today announced it will be exhibiting at the VoiceCon conference in San Francisco, November 2-5, where the company will be discussing the rising use of VoIP (Voice over Internet Protocol), how to maintain high Quality of Service (QoS) and low latency for voice traffic in a secure network environment. SonicWALL invites attendees to join them at booth #503 to view product demonstrations, join associated seminars and meet with executives to learn more about the new threats facing companies today and which questions to ask vendors when considering such voice deployments.
"VoIP has always been an area of focus for us and one that we are seeing an increasing interest in," said Patrick Sweeney, Vice President of Product Management at SonicWALL. "While it's great to see VoIP move into the mainstream, it's disconcerting to see how little thought has been attributed to securing it and other technologies associated with it. VoIP is undeniably a great cost-saver and productivity-enabler. While we encourage our customers to deploy these solutions, we also urge them to consider how to roll them in a safe and secure way in order to prevent cost-saving losses through costly network compromises."
Managing the VoIP Bandwidth Conundrum
The movement to VoIP technologies for many companies brings more traffic to already crowded networks, busy with multiple other applications and data transfers. Network managers and administrators are now asked to work to maintain security levels at an absolute maximum to ensure the integrity of the corporate network, while securing suitable bandwidth for "heavy network-usage" applications such as VoIP. Key to the success of such deployments includes the ability to prioritize applications on the network (i.e. VoIP based apps), keeping connections clean to prevent viruses and other malware accessing the network and having visibility into all network traffic to better control it.
To achieve the above, companies should plan on using an Application Firewall within the IT infrastructure, providing them with granularity to decide which apps have access to the network and which don't. Such Firewalls also ensure a clean connection is always made by allowing it to tag VoIP traffic guaranteeing it the highest priority when receiving, inspecting, assembling and accepting VoIP content and is the best path to maximizing call quality and providing network protection.
VoIP Introduces New Threats
While the expansion of digital telephony and teleconferencing in today's business has brought VoIP into the mainstream, so too has it brought new threats into the corporate environment. Not only is VoIP vulnerable to classic network threats such as SPIT (Spam over Internet Telephony), phishing, Trojans, worms and viruses; it also introduces a slew of other threats to the corporate network including Eavesdropping, Interception (or call hijacking), Denial of Service (DNS) attacks and more.
More key considerations when implementing a VoIP based deployment can be found at: http://www.sonicwall.com/us/products/resources/10661_14513.html
About SonicWALL, Inc.
SonicWALL, Inc. the leader in network security, focuses on developing solutions that remove the cost and complexity out of managing a secure network environment. With over one million award-winning appliances shipped through its global network of ten thousand channel partners, SonicWALL provides end-to-end solutions including Firewalls, SSL VPNs, Email Security and Continuous Data Protection that collectively ensure robust, secure network protection. For more information, visit the company web site at http://www.sonicwall.com/.
Safe Harbor Regarding Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements include but are not limited to statements regarding the benefits associated with deploying VoIP firewalls. These forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. In addition, please see the "Risk Factors" described in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2008, for a more detailed description of the risks facing our business. All forward-looking statements included in this release are based upon information available to SonicWALL as of the date of the release, and we assume no obligation to update any such forward-looking statement.
NOTE: SonicWALL is a registered trademark of SonicWALL, Inc. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective companies.
SonicWALL, Inc.
CONTACT: Colleen Nichols, SonicWALL, Inc., +1-408-962-6131,
cnichols@sonicwall.com; Ben White of Bite Communications, +1-415-365-0392,
ben.white@bitepr.com
Web Site: http://www.sonicwall.com/
SOX Professionals Becomes Vibato and Highlights Rapid Adoption of the 'SOX Compliance Made Simple(R)' Software Tool SuiteCompany delivers scalable solutions to meet compliance for internal controls, reduce audit costs as Sarbanes-Oxley Section 404 deadline approaches
SAN FRANCISCO, Nov. 3 /PRNewswire/ -- SOX Professionals, a leading provider of innovative, efficient solutions helping companies of all sizes and industries minimize the costs associated with Sarbanes-Oxley and SAS-related compliance requirements, has changed its name to Vibato and has seen rapid adoption of its SOX Compliance Made Simple (SCMS) toolset. In the last two quarters, more than 10 new implementations have been successfully performed with both accelerated and non-accelerated public company filers representing the bio-technology, clean energy, consumer products and medical devices industries. Vibato offers a product-based approach with its SCMS Suite, allowing public and private companies of all sizes to save money, reduce existing internal control counts and decrease audit-related fees.
Designed to meet the needs of both public filers and audited private companies, SCMS helps scope and document the compliance requirements for SOX Section 404 and SAS 104-111 regulations. With the recent SEC announcement of the final June 15, 2010 deadline for achieving section 404 compliance for non-accelerated public filers, the demand for an affordable and simplified solution is more timely than ever.
The game-changing SCMS tool suite is built on a foundation of proven, best-practice methodologies enabling companies to easily reduce their cost burden associated with implementing and maintaining their internal control infrastructure. Smaller companies now have a solution that fits their budget and larger companies can significantly reduce the ongoing costs associated with maintaining compliance.
Traditionally, companies have had to opt for costly time-and-materials-based solutions for compliance. However, SCMS delivers a comprehensive and integrated software solution based on industry best practices, Six Sigma guidelines, and Fortune 20 procedures benchmarked against the Big Four external audit plans.
The SCMS family of tools includes the following modules:
-- Risk Assessment
-- Up to 14 unique Process Cycles
-- Segregation of Duties Analysis
Companies utilizing SCMS will experience benefits such as:
-- Modular Software - supports scalability and you only pay for what you
need
-- Fixed-Pricing - includes consulting time and you know your costs
before you start
-- Rapid Implementation - up and running in days versus months
-- Standardized Approach - based on best practices, meaning less testing
and audit review time
-- Supplemental Documentation - complete documentation provided to avoid
wasted time creating policies, checklists, and procedures
-- Strong Integration - all control matrices and testing procedures are
fully integrated to ensure version control and minimal document
handling efforts
Solar Power Inc. (BULLETIN BOARD: SOPW) a leading designer, manufacturer and installer of photovoltaic solar power systems, implemented SCMS to handle internal controls for five of their business divisions in their California and Shenzhen, China locations.
"When we used SCMS I was very impressed by how painless and effective the process was," said Jeff Winzeler, chief financial officer, Solar Power Inc. "We were up and running in a few days, and expect to save more than $100K per year on our ongoing compliance costs through reductions in audit fees. Our internal control infrastructure was documented cost-effectively and efficiently, allowing for greater transparency while streamlining internal activities. Vibato has really delivered a strong ROI for us by making a complex, time-consuming process a simple and effective one."
"For years companies have associated meeting compliance regulations with an arduous and painful review process, but we knew we could deliver a solution that would provide an entirely different experience," said Teresa Bockwoldt, chief executive officer, Vibato. "Why recreate the wheel when there are tried and true best practices that consistently deliver results? We are empowering customers by providing them with a completely different methodology that simplifies the process, gets them up and running quickly, and most importantly saves them time and money."
The SCMS suite is currently available for companies of all sizes and industries. For more information please visit http://www.vibato.com/ or call (415) 240-4867.
About Vibato
Vibato, LLC is dedicated to providing the most cost-effective compliance solutions available. Our mission is to help you reduce audit and compliance fees, improve financial transparency and run your business more efficiently. For more information please visit us at http://www.vibato.com/ or contact us directly at mail@vibato.com.
Vibato
CONTACT: Bill Bockwoldt of Vibato, +1-415-240-4867,
bbockwoldt@vibato.com; or Rachel Miller of SHIFT Communications,
+1-617-779-1856, vibato@shiftcomm.com, for Vibato
Web Site: http://www.vibato.com/
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