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Companies news of 2011-02-17 (page 3)

  • Rentrak to Present at Upcoming Investor Conferences
  • IntraLinks Announces Fourth Quarter and Full Year 2010 ResultsFourth Quarter Results...
  • The Fillmore Group Selects Attunity to Provide Real-time Data Integration Solutions to IBM...
  • Trimble's Next Generation GeoExplorer 6000 Series Handheld Delivers High-Accuracy GNSS...
  • SPX Reports Fourth Quarter 2010 ResultsEarnings Per Share from Continuing Operations...
  • Turkcell Leverages Microsoft Tag Technology in New Mobile Marketing SolutionTurkcell's...
  • Meru Networks and Ascom Deliver 802.11n Phones to Health Care ProvidersHealth care...
  • SuccessFactors Expands Reach in Caribbean and Central America with Doble Group...
  • Logo to Continue MTV Networks' Award-Winning Commitment to Public Service by Launching Its...
  • STMicroelectronics to Hand Out Up to 7000 Microcontroller Discovery Kits at 'embedded...
  • Constellation, Ashford University's Innovative Suite of Electronic Textbooks, Recognized...
  • Amerigon Reports 2010 Fourth Quarter, Year-End ResultsRecord Annual Revenues Exceed $110...
  • Turkcell Leverages Microsoft Tag Technology in New Mobile Marketing Solution- Turkcell's...
  • City Trading - the Spread Betting Mobile App from City Index
  • Motorola Mobility Announces Retail Agreements in Europe for Motorola XOOM(TM)
  • Youku CEO Victor Koo to Present at Goldman Sachs Global Macro Conference
  • China Digital TV to Announce Fourth Quarter and Full Year 2010 Financial Results on March...
  • Banco Caminos Chooses Magic Software's Integration Platform to Unify its IT Systems
  • Autonomy Strengthens Market-Leading Position With Top Law Firms in Continental...
  • Shanda Games to Report Fourth Quarter and Full Year 2010 Financial Results on March 2,...
  • Shanda to Report Fourth Quarter and Full Year 2010 Financial Results on March 2, 2011...
  • Autonomy Strengthens Market-Leading Position With Top Law Firms in Continental Europe-...
  • VASCO Reports Results for Fourth Quarter and Full Year 2010Revenue for the fourth quarter...
  • Publicis Groupe Acquires London-Based Holler, Strengthening Leo Burnett Digital Offer
  • Prominent technology experts and top IC companies to discuss new Smartphone design and...
  • Publicis Groupe renforce ses positions dans le digital avec l'acquisition de Holler en...
  • New Spansion GL Flash Memory Family Delivers Breakthrough Performance for Embedded...
  • TripAdvisor Adds Virtual Tours Using Augmented Reality to iPad AppTripAdvisor Has Reached...
  • University of Colorado Denver Business School Expands Use of MicroStrategy's Business...



    Rentrak to Present at Upcoming Investor Conferences

    PORTLAND, Ore., Feb. 17, 2011 /PRNewswire/ -- Rentrak Corporation , a leader in multi-screen media measurement serving the advertising, television and entertainment industries, today announced that members of its executive team are scheduled to present and conduct one-on-one meetings at the following investor conferences:

    -- Monday, March 7, 2011 Deutsche Bank 2011 Media and Telecommunications Conference The Breakers Hotel-Palm Beach, FL 1:50 p.m. ET(10:50 a.m. PT) Presenters: Bill Livek, Chief Executive Officer/David Chemerow, Chief Financial Officer and Chief Operating Officer -- Wednesday, March 9, 2011 Wedbush Securities 2011 Technology, Media & Telecommunications Conference Le Parker Meridien - New York, NY 10:00 a.m. ET(7:00 a.m. PT) Presenter: David Chemerow, Chief Financial Officer and Chief Operating Officer -- Tuesday, March 15, 2011 Roth 23rd Annual OC Growth Stock Conference The Ritz Carlton - Laguna Niguel, CA 11:30a.m. ET (8:30 a.m. PT) Presenters: Bill Livek, Chief Executive Officer/ David Chemerow, Chief Financial Officer and Chief Operating Officer

    About Rentrak Corporation

    Rentrak Corporation is a global digital media measurement and research company, serving the most recognizable companies in the entertainment industry. With a reach across numerous platforms including box office, multi-screen television, and home video, Rentrak has developed more efficient metrics to be used as alternative currencies for the evaluation and selling of media. Rentrak is headquartered in Portland, Oregon, with additional U.S. and international offices. For more information on Rentrak, please visit www.rentrak.com.

    CONTACT: Investors PondelWilkinson Inc. Laurie Berman 310-279-5962 lberman@pondel.com

    Rentrak Corporation

    CONTACT: Investors, Laurie Berman of PondelWilkinson Inc.,
    +1-310-279-5962, lberman@pondel.com

    Web site: http://www.rentrak.com/




    IntraLinks Announces Fourth Quarter and Full Year 2010 ResultsFourth Quarter Results Exceed Expectations Across All Key Metrics; 2010 Revenue Grows by 31%

    NEW YORK, Feb. 17, 2011 /PRNewswire/ -- IntraLinks Holdings, Inc. , a leading provider of critical information exchange solutions, today announced results for its fourth quarter and full year of 2010.

    Financial highlights for the fourth quarter include:

    --  Total revenue of $52.1 million, up 33% year-over-year
    --  Enterprise revenue of $23.0 million, up 39% year-over-year
    --  M&A revenue of $20.0 million, up 46% year-over-year
    --  GAAP net income of $1.0 million or $0.02 per share, compared to GAAP net
    loss of ($4.6) million or ($2.53) per share in the prior year
    --  Non-GAAP adjusted net income of $7.4 million or $0.14 per share,
    compared to non-GAAP net income of $0.4 million or $0.01 per share in
    the prior year
    --  Non-GAAP adjusted EBITDA of $19.9 million, an increase of 93%, compared
    to $10.3 million in the prior year
    --  Cash flow from operations of $19.4 million, an increase of 131%,
    compared to $8.4 million in the prior year
    --  Further repayment of $32.7 million of debt as a result of the follow-on
    stock offering during the fourth quarter
    

    "The fourth quarter represented a strong finish to a record year for IntraLinks," said Andrew Damico, IntraLinks' President and CEO. "The company's momentum and profitability during 2010 was driven by significant growth in our Enterprise and Mergers and Acquisitions businesses. The increasing recognition of the value of our cloud-based solutions puts us in a strong position for 2011 and beyond."

    "The successful completion of our follow-on stock offering during the fourth quarter enabled IntraLinks to further improve its capital structure, leading to a lower debt balance and reduced interest expense moving forward," said Anthony Plesner, IntraLinks' CFO. "We believe that IntraLinks has the market opportunity, leadership position and infrastructure to build a large and highly profitable company, as reflected by our increased 2011 guidance."

    Fourth Quarter 2010

    Total revenue was $52.1 million, an increase of 33%, compared to $39.2 million for the same period last year

    --  Enterprise revenue was $23.0 million compared to $16.5 million last
    year, up 39% year-over-year
    --  M&A revenue was $20.0 million compared to $13.7 million last year, up
    46% year-over-year
    

    GAAP gross margin was 75.9%, an increase of 460 basis points ("bps") compared to 71.3% for the same period last year.

    Non-GAAP gross margin was 82.4%, an increase of 260 bps compared to 79.8% for the same period last year.

    GAAP operating income was $6.3 million, compared to a GAAP operating loss of ($0.6) million for the same period a year ago. GAAP operating income in the fourth quarter of 2010 included one-time costs of $0.2 million related to the company's follow-on stock offering.

    Non-GAAP adjusted operating income was $15.0 million, compared to $7.3 million for the same period a year ago. Non-GAAP adjusted operating income was adjusted for one-time costs of $0.2 million described in the previous paragraph.

    GAAP net income was $1.0 million, compared to a GAAP net loss of ($4.6) million for the same period a year ago. GAAP net income for the fourth quarter of 2010 included one-time costs of $1.6 million associated with the company's follow-on stock offering and the subsequent debt repayment. Basic and diluted GAAP net income per share for the fourth quarter was $0.02 on the basis of 50.1 million and 51.8 million shares outstanding, respectively. In the prior year comparable period, basic and diluted GAAP net loss per share was ($2.53) on the basis of 1.8 million shares outstanding.

    The company generated non-GAAP adjusted net income of $7.4 million, compared to non-GAAP net income of $0.4 million for the same period a year ago. Non-GAAP adjusted net income in the fourth quarter of 2010 was adjusted to exclude one-time costs of $1.6 million described in the previous paragraph. Non-GAAP adjusted net income per share was $0.14 on the basis of 53.4 million shares outstanding. In the prior year comparable period, non-GAAP net income per share was $0.01 on the basis of 52.1 million shares outstanding. Shares outstanding are on a diluted, pro forma basis, assuming that the conversion of outstanding preferred stock to common stock and the initial and follow-on offerings of common stock occurred at the beginning of each respective period.

    Non-GAAP adjusted EBITDA was $19.9 million, or 38.1% of revenue representing an increase of 93%, compared to $10.3 million or 26.3% of revenue for the same period a year ago.

    Cash flow from operations was $19.4 million, an increase of 131%, compared to $8.4 million in the prior year.

    Full Year 2010

    Total revenue was $184.3 million, an increase of 31%, compared to $140.7 million in the prior year

    --  Enterprise revenue was $82.8 million compared to $55.4 million last
    year, up 49% year-over-year
    --  M&A revenue was $68.6 million compared to $50.7 million last year, up
    35% year-over-year
    

    GAAP gross margin was 74.2%, an increase of 880 bps compared to 65.4% in the prior year.

    Non-GAAP gross margin was 81.5%, an increase of 240 bps compared to 79.1% in the prior year.

    GAAP operating income was $11.2 million, compared to a GAAP operating loss of ($3.4) million in the prior year. GAAP operating income for 2010 included one-time costs of $1.4 million associated with the company's initial public and follow-on offerings.

    Non-GAAP adjusted operating income was $45.6 million, compared to $33.5 million in the prior year. Non-GAAP adjusted operating income for 2010 was adjusted for one-time costs of $1.4 million described in the previous paragraph.

    GAAP net loss was ($12.4) million, compared to ($24.8) million in the prior year. Basic and diluted GAAP net loss per share for the full year 2010 was ($0.58) on the basis of 21.3 million shares outstanding, compared to ($15.38) on the basis of 1.6 million shares outstanding in the prior year. GAAP net loss for 2010 included one-time costs totaling $8.4 million associated with the company's initial public and follow-on offerings and the subsequent debt repayments.

    The company generated non-GAAP adjusted net income of $13.7 million in 2010, compared to a non-GAAP net loss of ($3.8) million in 2009. Non-GAAP adjusted net income for 2010 was adjusted to exclude one-time costs of $8.4 million, described in the previous paragraph. Non-GAAP adjusted net income per share in 2010 was $0.26 on the basis of 53.0 million shares outstanding, compared to a non-GAAP net loss per share of ($0.08) in the prior year on the basis of 50.6 million shares outstanding in the prior year. Shares outstanding are on a diluted, pro forma basis, assuming that the conversion of outstanding preferred stock to common stock and the initial and follow-on offerings of common stock occurred at the beginning of each respective period.

    Non-GAAP adjusted EBITDA was $62.6 million, or 33.9% of revenue, representing an increase of 39%, compared to $45.1 million, or 32.0% of revenue, for the prior year.

    Cash flow from operations was $ 35.4 million, an increase of $ 10.3 million, or 41%, compared to $ 25.1 million in the prior year.

    Deferred revenue on the balance sheet at December 31, 2010 was $ 38.0 million, an increase of 42% on a year-over-year basis.

    During the fourth quarter the company identified an adjustment to its income-tax benefit for the three months ended September 30, 2010, resulting in a $1.5 million overstatement of the benefit. The company will reflect this adjustment in the quarterly information in its Form 10-K for the year ended December 31, 2010, and for the relevant prior year period in its Form 10-Q for the quarter ending September 30, 2011.

    2010 Business Highlights:

    --  104% dollar renewal rate on subscription contracts compared to 93% for
    the prior year
    --  Subscription business represented 59% of total revenues in 2010
    --  Signed 461 new Enterprise customers in 2010
    --  Signed 2,467 new M&A contracts in 2010
    --  Credit rating upgrade by Standard and Poor's (B to B+) and Moody's (B2
    to B1)
    

    Business Outlook:

    Based on information available as of February 17, 2011, IntraLinks is providing guidance for the first quarter 2011 and full year 2011 as follows:

    First Quarter 2011 Revenue: $52 million to $54 million GAAP operating income: $0.5 million to $2.5 million Non-GAAP operating income: $10 million to $11.5 million Non-GAAP adjusted EBITDA: $15 million to $16.5 million GAAP net (loss) income per share: ($0.01) to $0.01 Non-GAAP net income per share: $0.09 to $0.11 Full Year 2011 Revenue: $215 million to $225 million GAAP operating income: $21 million to $23 million Non-GAAP operating income: $52 million to $58 million Non-GAAP adjusted EBITDA: $73 million to $78 million GAAP net income per share: $0.12 to $0.14 Non-GAAP net income per share: $0.50 to $0.57

    Quarterly Conference Call

    IntraLinks will host a conference call today at 9:00 a.m. Eastern Time (ET) to discuss the company's fourth quarter 2010 financial results and its business outlook for the first quarter and full year 2011, which may include guidance supplemental to the above. To access this call, dial 800-992-7413 (domestic) or 719-325-2483 (international). A passcode is not required. This presentation will also be webcast live on the investor relations section on the IntraLinks website at www.intralinks.com/ir. In conjunction with this call, there will also be accompanying slides with supplemental information available at the same website location.

    Following the conference call, a replay will be available until February 24, 2011, at 877-870-5176 (domestic) or 858-384-5517 (international). The passcode for the replay is 2273502. An archived webcast of this conference call will also be available on the investor relations section on the IntraLinks website at www.intralinks.com/ir.

    About IntraLinks

    IntraLinks is a leading global provider of Software-as-a-Service solutions for securely managing content, exchanging critical business information and collaborating within and among organizations. More than 1 million professionals in industries including financial services, pharmaceutical, biotechnology, consumer, energy, industrial, legal, insurance, real estate and technology, as well as government agencies, have utilized IntraLinks' easy-to-use, cloud-based solutions. IntraLinks users can accelerate information-intensive business processes and workflows, meet regulatory and risk management requirements and collaborate with customers, partners and counterparties in a secure, auditable and compliant manner. Professionals at more than 800 of the Fortune 1000 companies have used IntraLinks' solutions. For more information, visit www.intralinks.com or http://blog.intralinks.com. You can also follow IntraLinks on Twitter at http://twitter.com/intralinks and Facebook at www.facebook.com/IntraLinks.

    Non-GAAP Financial Measures

    The Press Release includes information about certain financial measures that are not prepared in accordance with generally accepted accounting principles in the United States ("GAAP" or "U.S. GAAP"), including non-GAAP gross profit and margin, non-GAAP adjusted operating income and margin, non-GAAP adjusted net income, non-GAAP adjusted net income per share and non-GAAP adjusted EBITDA and margin. These non-GAAP measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies.

    Management defines its non-GAAP financial measures as follows:

    --  Non-GAAP gross profit represents the corresponding GAAP measure adjusted
    to exclude (1) stock-based compensation expense and (2) amortization of
    intangible assets.
    --  Non-GAAP adjusted operating income represents the corresponding GAAP
    measure adjusted to exclude (1) stock-based compensation expense, (2)
    amortization of intangible assets and (3) one-time costs related to
    initial public and follow-on offerings.
    --  Non-GAAP adjusted net income and non-GAAP adjusted net income per share
    represent the corresponding GAAP measures adjusted to exclude (1)
    stock-based compensation expense, (2) amortization of intangible assets,
    (3) one-time costs related to our initial public and follow on offerings
    and (4) one-time costs related to debt repayments.  Non-GAAP adjusted
    net income and non-GAAP adjusted net income per share are calculated
    using an estimated long-term effective tax rate.
    --  Non-GAAP per share measures are shown on a pro-forma basis, assuming the
    conversion of preferred shares and public offerings occurred at the
    beginning of the respective periods.
    --  Non-GAAP adjusted EBITDA represents net income (loss) adjusted to
    exclude (1) interest expense, net of interest income, (2) income tax
    provision (benefit), (3) depreciation and amortization, (4) amortization
    of intangible assets, (5) stock-based compensation expense, (6)
    amortization of debt issuance costs, (7) loss on extinguishment of debt,
    (8) other (income) expense and (9) one-time costs related initial public
    and follow on offerings.
    --  The various non-GAAP margins represent the respective non-GAAP measures
    as a percentage of revenue.
    

    Management believes that these non-GAAP financial measures, when viewed with our results under U.S. GAAP and the accompanying reconciliations, provide useful information about our period-over-period growth and provide additional information that is useful for evaluating our operating performance. Additionally, management believes that these non-GAAP financial measures provide a more meaningful comparison of our operating results against those of other companies in our industry, as well as on a period-to-period basis, because these measures exclude items that are not representative of our operating performance, such as amortization of intangible assets, interest expense and fair value adjustments to the interest rate swap. Management believes that including these costs in our results of operations results in a lack of comparability between our operating results and those of our peers in the industry, the majority of which are not highly leveraged and do not have comparable amortization costs related to intangible assets. However, non-GAAP gross profit and margin, non-GAAP adjusted operating income and margin, non-GAAP adjusted net income, non-GAAP adjusted net income per share and non-GAAP adjusted EBITDA and margin are not measures of financial performance under U.S. GAAP and, accordingly, should not be considered as alternatives to gross profit and margin, operating income (loss) and margin, net income (loss) or net income (loss) per share as indicators of operating performance.

    A reconciliation of GAAP to Non-GAAP financial measures has been provided in the financial statement tables included in the Press Release.

    Forward Looking Statements

    This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements that are not based on historical information relating to, among other things, expectations and assumptions concerning management's forecast of financial performance, future business growth, and management's plans, objectives, and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, the risks and uncertainties include, among other things: the uncertainty of our future profitability; our ability to sustain positive cash flow; periodic fluctuations in our operating results; risks related to our substantial debt balances; our ability to maintain the security and integrity of our systems; our ability to increase our penetration in our principal existing markets and expand into additional markets; our dependence on the volume of financial and strategic business transactions; our dependence on customer referrals; our ability to maintain and expand our direct sales capabilities; our ability to develop and maintain strategic relationships to sell and deliver our solutions; customer renewal rates; our ability to maintain the compatibility of our services with third-party applications; competition and our ability to maintain our average sales prices; our ability to adapt to changing technologies; interruptions or delays in our service; international risks; our ability to protect our intellectual property; costs of being a public company; and risks related to changes in laws, regulations or governmental policy including tax regulations. Further information on these and other factors that could affect the company's financial results is contained in our public filings with the Securities and Exchange Commission (SEC) from time to time, including our Registration Statements, as amended, on Form S-1 (File Nos. 333-165991 and 333-170694), which were declared effective by the Securities and Exchange Commission on August 5, 2010 and December 6, 2010, respectively, and subsequent filings with the SEC. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

    IntraLinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.

    IntraLinks and the IntraLinks logo are registered trademarks of IntraLinks Holdings, Inc. All rights reserved.

    INTRALINKS HOLDINGS, INC. CONSOLIDATED BALANCE SHEETS (In Thousands, Except Share and per Share Data) (unaudited)

    December 31, ------------ 2010 2009 ---- ---- ASSETS Current assets: Cash and cash equivalents $50,467 $30,481 Restricted cash - 87 Accounts receivable, net of allowances of $2,418 and $2,470, respectively 37,137 25,898 Investments - 3,414 Deferred taxes 18,264 6,979 Prepaid expenses and other current assets 9,118 6,355 ----- ----- Total current assets 114,986 73,214 Fixed assets, net 8,075 7,064 Capitalized software, net 25,676 20,734 Goodwill 215,478 215,478 Other intangibles, net 160,863 189,604 Other assets 2,022 3,247 ----- ----- Total assets $527,100 $509,341 ======== ======== LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) Accounts payable $4,191 $8,870 Accrued expenses and other current liabilities 23,189 21,958 Deferred revenue 38,043 26,795 ------ ------ Total current liabilities 65,423 57,623 Long term debt 125,886 290,513 Deferred taxes 46,103 42,719 Other long term liabilities 2,244 4,040 ----- ----- Total liabilities 239,656 394,895 ------- ------- Commitments and contingencies Redeemable convertible preferred stock: Series A $0.001 par value, 10,000,000 shares authorized; 0 and 35,864,887 shares issued and outstanding (liquidation preference of $0 and $176,604) as of December 31, 2010 and December 31, 2009, respectively - 176,478 --- ------- Stockholders' equity (deficit) Common stock, $0.001 par value; 300,000,000 shares authorized; 52,387,374 and 3,152,669 shares issued and outstanding as of December 31, 2010 and December 31, 2009, respectively 52 3 Additional paid-in capital 365,962 4,302 Accumulated deficit (78,813) (66,377) Accumulated other comprehensive income 243 40 --- --- Total stockholders' equity (deficit) 287,444 (62,032) ------- ------- Total liabilities, redeemable convertible preferred stock and stockholders' equity (deficit) $527,100 $509,341 ======== ========

    INTRALINKS HOLDINGS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In Thousands, Except Share and per Share Data) (unaudited)

    Three Months Ended December 31, ------------ 2010 2009 ---- ---- Revenue $52,118 $39,176 Cost of revenue 12,549 11,253 ------ ------ Gross profit 39,569 27,923 Operating expenses: Product development 4,179 5,442 Sales and marketing 20,995 15,985 General and administrative 8,096 5,916 Restructuring costs - 1,156 --- ----- Total operating expenses 33,270 28,499 ------ ------ Income (loss) from operations 6,299 (576) Interest expense, net 4,725 7,505 Amortization of debt issuance costs 1,059 458 Loss on extinguishment of debt - - Other (income) expense (1,515) (1,299) ------ ------ Net income (loss) before income tax 2,030 (7,240) Income tax provision (benefit) 1,012 (2,608) ----- ------ Net income (loss) $1,018 $(4,632) ====== ======= Net income (loss) per common share - basic $0.02 $(2.53) ===== ====== Net income (loss) per common share - diluted $0.02 $(2.53) ===== ====== Weighted average number of shares used in calculating net income (loss) per share -basic 50,083,596 1,832,743 ========== ========= Weighted average number of shares used in calculating net income (loss) per share -diluted 51,797,179 1,832,743 ========== =========

    Years Ended December 31, ------------ 2010 2009 ---- ---- Revenue $184,332 $140,699 Cost of revenue 47,496 48,721 ------ ------ Gross profit 136,836 91,978 Operating expenses: Product development 17,953 14,222 Sales and marketing 79,251 59,058 General and administrative 28,435 20,556 Restructuring costs - 1,494 --- ----- Total operating expenses 125,639 95,330 ------- ------ Income (loss) from operations 11,197 (3,352) Interest expense, net 24,724 28,935 Amortization of debt issuance costs 3,084 1,872 Loss on extinguishment of debt 4,974 - Other (income) expense (2,722) 9,027 ------ ----- Net income (loss) before income tax (18,863) (43,186) Income tax provision (benefit) (6,427) (18,415) ------ ------- Net income (loss) $(12,436) $(24,771) ======== ======== Net income (loss) per common share - basic $(0.58) $(15.38) ====== ======= Net income (loss) per common share - diluted $(0.58) $(15.38) ====== ======= Weighted average number of shares used in calculating net income (loss) per share -basic 21,310,284 1,611,090 ========== ========= Weighted average number of shares used in calculating net income (loss) per share -diluted 21,310,284 1,611,090 ========== =========

    INTRALINKS HOLDINGS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands) (unaudited)

    Years Ended December 31, ------------------------ 2010 2009 2008 ---- ---- ---- Net loss $(12,436) $(24,771) $(24,598) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 16,982 11,567 4,643 Stock-based compensation expense 4,215 1,938 3,792 Amortization of intangible assets 28,741 34,939 44,585 Amortization of debt issuance cost 3,084 1,872 1,803 Provision for bad debts and customer credits 519 539 1,337 (Loss) gain on disposal of fixed assets, including insurance proceeds (286) 75 1,082 Change in deferred taxes (7,901) (19,341) (16,529) (Gain) loss on interest rate swap (2,778) 8,427 - Loss on extinguishment of debt 4,974 - - Non-cash interest expense 5,648 8,878 10,454 Changes in operating assets and liabilities: Restricted cash 87 509 2,060 Accounts receivable (11,754) (3,479) (155) Prepaid expenses and other current assets (1,080) (2,418) 344 Other assets (2,783) 89 289 Accounts payable (4,673) 4,685 (1,263) Accrued expenses and other liabilities 3,436 (132) (5,437) Deferred revenue 11,395 1,695 1,250 ------ ----- ----- Net cash provided by operating activities 35,390 25,072 23,657 ------ ------ ------ Cash flows from investing activities: - - - Capital expenditures (6,863) (5,755) (3,004) Capitalized software development costs (16,128) (10,279) (12,391) Purchase of bank time deposits with maturities greater than three months (4,320) - - Sale of investments and maturity of bank time deposits greater than three months 7,770 50 1,000 ----- --- ----- Net cash used in investing activities (19,541) (15,984) (14,395) ------- ------- ------- Cash flows from financing activities: Proceeds from exercise of stock options 516 94 1 Offering costs paid in connection with initial public offering (2,365) - - Capital lease payments (27) (119) (307) Payment of financing costs (1,513) - (230) Proceeds from initial public offering and follow on offering, including underwriters' overallotment 182,838 - - Repayments of outstanding principal on long-term debt (171,456) (3,210) (1,688) Prepayment penalty on PIK loan (4,092) - - ------ --- --- Net cash provided by (used in) financing activities 3,901 (3,235) (2,224) ----- ------ ------ Effect of foreign exchange rate changes on cash and cash equivalents 236 (43) (38) Net increase in cash and cash equivalents 19,986 5,810 7,000 Cash and cash equivalents at beginning of period 30,481 24,671 17,671 ------ ------ ------ Cash and cash equivalents at end of period $50,467 $30,481 $24,671 ======= ======= =======

    INTRALINKS HOLDINGS, INC. RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES (In Thousands, Except Share and per Share Data) (unaudited)

    Three Months Ended Years Ended December 31, December 31, ------------ ------------ 2010 2009 2010 2009 ---- ---- ---- ---- Non-GAAP gross profit --------------------- Gross profit 39,569 27,923 136,836 91,978 Gross margin 75.9% 71.3% 74.2% 65.4% Cost of revenue -stock based compensation expense 41 10 105 63 Cost of revenue - amortization of intangible assets 3,310 3,310 13,237 19,304 ----- ----- ------ ------ Non-GAAP gross profit $42,920 $31,243 $150,178 $111,345 ======= ======= ======== ======== Non-GAAP gross margin 82.4% 79.8% 81.5% 79.1% Non-GAAP adjusted operating income ----------------- Income (loss) from operations $6,299 $(576) $11,197 $(3,352) Stock-based compensation expense 1,369 692 4,215 1,938 Amortization of intangible assets 7,158 7,218 28,741 34,939 One-time costs related to initial public and follow on offerings 195 - 1,416 - --- --- ----- --- Non-GAAP adjusted operating income $15,021 $7,334 $45,569 $33,525 ======= ====== ======= ======= Non-GAAP adjusted operating margin 28.8% 18.7% 24.7% 23.8% Income (loss) from operations as a percentage of total revenue 12.1% -1.5% 6.1% -2.4% Non-GAAP adjusted net income --------------------- Net income (loss) before income tax $2,030 $(7,240) $(18,863) $(43,186) Stock-based compensation expense 1,369 692 4,215 1,938 Amortization of intangible assets 7,158 7,218 28,741 34,939 One-time costs related to initial public and follow on offerings 195 - 1,416 - One-time costs related to debt repayments 1,402 - 7,011 - ----- --- ----- --- Non-GAAP net income (loss) before income tax 12,154 670 22,520 (6,309) Non-GAAP income tax provision (benefit) 4,740 261 8,783 (2,461) ----- --- ----- ------ Non-GAAP adjusted net income (loss) $7,414 $409 $13,737 $(3,848) ====== ==== ======= ======= Non-GAAP adjusted EBITDA ------------------------ Net income (loss) $1,018 $(4,632) $(12,436) $(24,771) Interest expense, net 4,725 7,505 24,724 28,935 Income tax provision (benefit) 1,012 (2,608) (6,427) (18,415) Depreciation and amortization 4,844 2,957 16,982 11,567 Amortization of intangible assets 7,158 7,218 28,741 34,939 Stock-based compensation expense 1,369 692 4,215 1,938 Amortization of debt issuance costs 1,059 458 3,084 1,872 Loss on extinguishment of debt - - 4,974 - Other (income) expense (1,515) (1,299) (2,722) 9,027 One-time costs related to initial public and follow on offerings 195 - 1,416 - --- --- ----- --- Non-GAAP adjusted EBITDA $19,865 $10,291 $62,551 $45,092 ======= ======= ======= ======= Non-GAAP adjusted EBITDA margin 38.1% 26.3% 33.9% 32.0%

    INTRALINKS HOLDINGS, INC. RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES- GUIDANCE (In Thousands) (unaudited)

    Three Months Year Ending Ending December March 31, 31, 2011 2011 ---- ---- Non-GAAP gross margin --------------------- Gross profit $38,653 $166,612 Gross margin 72.9% 75.7% Cost of revenue- stock-based compensation expense 38 151 Cost of revenue- amortization of intangible assets 3,309 13,237 ----- ------ Non-GAAP gross profit $42,000 $180,000 ======= ======== Non-GAAP gross margin 79.2% 81.8% Non-GAAP operating income ------------------------- Income from operations $2,067 $20,570 Stock-based compensation expense 1,526 5,800 Amortization of intangible assets 7,157 28,630 ----- ------ Non-GAAP operating income $10,750 $55,000 ======= ======= Non-GAAP operating margin 20.3% 25.0% Income from operations as a percentage of total revenue 3.9% 9.4% Non-GAAP net income ------------------- Net (loss) income before income tax $(250) $11,665 Stock-based compensation expense 1,526 5,800 Amortization of intangible assets 7,157 28,630 ----- ------ Non-GAAP net income before income tax 8,433 46,095 Non-GAAP income tax provision 3,120 17,055 ----- ------ Non-GAAP net income $5,313 $29,040 ====== ======= Non-GAAP adjusted EBITDA ------------------------ Net (loss) income $(158) $7,349 Interest expense, net 2,988 11,763 Income tax (benefit) provision (93) 4,316 Depreciation and amortization 5,000 20,500 Amortization of intangible assets 7,157 28,630 Stock-based compensation expense 1,526 5,800 Amortization of debt issuance costs 329 1,142 Other income (1,000) (4,000) ------ ------ Non-GAAP adjusted EBITDA $15,750 $75,500 ======= ======= Non-GAAP adjusted EBITDA margin 29.7% 34.3%

    Note: All forward-looking figures presented in this table are stated at the mid-point of the estimated range

    IntraLinks Holdings, Inc.

    CONTACT: Investors: David Roy, IntraLinks, +1-212-342-7690,
    droy@intralinks.com; Media Relations: Radley Moss, IntraLinks,
    +1-212-543-7717, rmoss@intralinks.com

    Web site: http://www.intralinks.com/




    The Fillmore Group Selects Attunity to Provide Real-time Data Integration Solutions to IBM Mainframe and DB2 CustomersPartnership to provide customers with affordable data integration solutions based on Attunity's technology and The Fillmore Group's IBM systems expertise

    BURLINGTON, Mass. & BALTIMORE, Feb. 17, 2011 /PRNewswire/ -- Attunity Ltd. , a leading provider of real-time data integration and event capture software, and The Fillmore Group, a provider of IBM systems consulting, training and integration services, announced today a partnership to deliver IBM Mainframe and DB2 customers with affordable data integration solutions that leverage Attunity's real-time data integration software and The Fillmore Group's extensive IBM systems knowledge and expertise.

    The partnership provides a distinct benefit to IBM customers and those on other distributed platforms by providing them with a myriad of data integration solution options to meet their specific needs and budgets, managed and serviced by certified experts. Attunity's software, including real-time data federation, replication and Change Data Capture (CDC), are available for many heterogeneous data sources, relational and non-relational, on IBM mainframes as well as on other enterprise platforms including IBM iSeries, UNIX, Linux, and Windows.

    "Our heritage is working with training and consulting customers who have a variety of databases from which they need to extract and exchange data," said Frank Fillmore, Principal of The Fillmore Group and DB2 Gold Consultant. "By leveraging Attunity's industry-leading CDC and federation technology we can offer our customers a variety of efficient data integration options enabling their mainframe and DB2 data interoperability tools and services while maintaining control of their costs."

    Attunity Federate, a virtual data federation solution, provides Enterprise Information Integration (EII) across heterogeneous data sources to create single views of business information, simplifies access to information in multiple data silos, complements data warehouses with real-time access to operational data stores, and more. Attunity Stream with CDC technology enables efficiencies in time, resources and cost, complements ETL applications, monitors and transfers only those data items that have been changed on the source systems, and removes the need for large bulk-data transfers from one system to another.

    "Our products are designed to help large organizations with complex and heterogeneous environments improve their business by finding better ways to use their information," stated Mel Passarelli, Vice President and General Manager for North America at Attunity. "With the demand for real-time information continually growing, especially for BI and data warehousing needs, we expect that customers will benefit from the combination of our award-winning technology and the mainframe/DB2 expertise that The Fillmore Group can provide."

    Upcoming Webinar/Product Demo: The Fillmore Group and Attunity will be co-presenting a complimentary, live webinar on Thursday, February 24, 2011 at 12:30 PM EST titled: "Free Your Data Without Breaking the Bank!; Affordable IBM Mainframe & DB2 Data Integration". IT and database professionals are welcome to register using the following link: https://www1.gotomeeting.com/register/973631161. The event will also be recorded and available for on-demand viewing at www.attunity.com/webinars.

    About The Fillmore Group

    For more than 20 years, The Fillmore Group has delivered expert consulting, systems integration services and training to IBM Mainframe and DB2 distributed systems users. Renowned for successful deployments, skilled consultants and competitive hourly rates, The Fillmore Group is also a licensed software reseller. To view a full list of available services or for more information, visit: http://www.thefillmoregroup.com.

    About Attunity

    Attunity is a leading provider of real-time data integration and event capture software. Our offering include software solutions such as Attunity Stream(R), a real-time and change-data-capture (CDC) software, our Operational Data Replication (ODR) solution and Attunity Connect(R), our real-time connectivity software. Using Attunity's software solutions, our customers enjoy dramatic business benefits by enabling real time access to information where and when needed, across the maze of heterogeneous systems making up today's IT environment.

    Attunity has supplied innovative software solutions to its enterprise-class customers for nearly 20 years and has successful deployments at thousands of organizations worldwide. Attunity provides software directly and indirectly through a number of partners such as Microsoft, Oracle, IBM and HP. Headquartered in Boston, Attunity serves its customers via offices in North America, Europe, and Asia Pacific and through a network of local partners. For more information, visit http://www.attunity.com and join our community on Twitter, Facebook and LinkedIn.

    Safe Harbor Statement

    This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal Securities laws. Statements preceded by, followed by, or that otherwise include the words "believes", "expects", "anticipates", "intends", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results could differ materially from Attunity's current expectations. Factors that could cause or contribute to such differences include, but are not limited to: the impact on revenues of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; our liquidity challenges and the need to raise additional capital in the future; any unforeseen developmental or technological difficulties with regard to Attunity's products; changes in the competitive landscape, including new competitors or the impact of competitive pricing and products; a shift in demand for products such as Attunity's; unknown factors affecting third parties with which Attunity has formed business alliances; timely availability and customer acceptance of Attunity's new and existing products; and other factors and risks on which Attunity may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Attunity, reference is made to Attunity's Annual Report on Form 20-F for the year ended December 31, 2009, which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Attunity in reports filed or furnished to the SEC. Except as otherwise required by law, Attunity undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

    (C) Attunity 2011. All Rights Reserved. Attunity is a registered trademark of Attunity Inc. All other product and company names herein may be trademarks of their respective owners.

    Press contact for Attunity: Itamar Ankorion, Director of Marketing and Business Development, Attunity itamar.ankorion@attunity.com Tel. 781-730-4071 Press contact for The Fillmore Group: Kim May, Vice President, Business Development, The Fillmore Group kim.may@thefillmoregroup.com Tel. 410- 465-6335

    Attunity Ltd

    CONTACT: Itamar Ankorion, Director of Marketing and Business Development,
    Attunity, itamar.ankorion@attunity.com, +1-781-730-4071; Press contact for
    The Fillmore Group: Kim May, Vice President, Business Development,
    kim.may@thefillmoregroup.com, +1-410-465-6335

    Web site: http://www.thefillmoregroup.com/




    Trimble's Next Generation GeoExplorer 6000 Series Handheld Delivers High-Accuracy GNSS Positioning in Urban Canyons and Under Tree Canopy

    SUNNYVALE, Calif., Feb. 17, 2011 /PRNewswire/ -- Trimble introduced today the new GeoExplorer(R) 6000 series of high-accuracy Global Navigation Satellite System (GNSS) handheld computers. The series delivers dramatic improvements in difficult GNSS environments such as urban canyons and under tree canopy using Trimble(R) Floodlight(TM) satellite shadow reduction technology.

    The Trimble GeoExplorer 6000 series handhelds are purpose built for high-accuracy data collection and integrate a range of new features--including a dual-frequency GPS and GLONASS receiver and antenna, 5-megapixel camera and 3.5G data modem. The handheld's large sunlight-readable display, field-swappable battery, and powerful processor are designed to meet the daily challenges of the most demanding Geographic Information System (GIS) workflows.

    The GeoExplorer 6000 series GeoXH(TM) handheld achieves decimeter (4 inch) accuracy in real time, and the GeoXT(TM) handheld provides reliable 75 cm (30 inch) accuracy in real time and 50 cm (20 inch) accuracy after postprocessing. Both handheld GNSS receivers are supported by Trimble's range of Mapping & GIS software enabling straightforward receiver configuration, seamless data flow and complete back-office processing capability. Floodlight technology comes standard on the GeoXH and is available as an option for the GeoXT version.

    Improved Performance in Tough GNSS Environments

    Buildings and trees can cause satellite shadow and limit the environments where high-accuracy GNSS data collection can be performed. The unique Trimble Floodlight technology combines a range of innovative techniques to increase the availability of positions and boost accuracy in areas affected by satellite shadow.

    "Trimble's GeoExplorer 6000 series Floodlight technology offers real value to organizations investing in high-accuracy data collection and GIS initiatives to improve productivity," said Mark Harrington, vice president of Trimble. "With high accuracy positioning available in more places, field operations can be conducted with the confidence that the job will be done right, the first time. Field workers can be even more productive, working in difficult GNSS environments where previously they could not have worked efficiently--or at all."

    Easily Integrate High-Quality Photos

    With a built-in 5-megapixel autofocus camera, field workers can easily include digital photos in GIS workflows. No extra devices, batteries, or file transfers are required, and images are automatically geotagged. The camera can be accessed directly from Trimble TerraSync(TM) software and other third-party applications, so linking images to GIS features can be performed in the field at time of data capture--to record the qualitative details of assets or for in-field quality assurance.

    Work Online in the Field

    Built-in Wi-Fi and an optional 3.5G cellular modem deliver Internet connectivity to the field and facilitate continuous access to real-time map data, VRS(TM) network corrections, and live updates of field information while on location. Field workers can remain in contact with the office and with each other, even from remote jobsites where wireless access is available.

    Availability

    The GeoExplorer 6000 series is available now from Trimble's worldwide Mapping & GIS authorized distribution channel.

    For more information, visit: www.trimble.com/geoxh6000 and www.trimble.com/geoxt6000.

    GeoExplorer 3000 Series

    To better align the GeoExplorer portfolio, the field-proven GeoExplorer 2008 series of handhelds will now be marketed under the new name, the Trimble GeoExplorer 3000 series.

    About Trimble

    Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location--including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978, Trimble is headquartered in Sunnyvale, Calif.

    For more information, visit: www.trimble.com.

    GTRMB

    Trimble

    CONTACT: investors, Willa McManmon, +1-408-481-7838,
    willa_mcmanmon@trimble.com, or media, Lea Ann McNabb, +1-408-481-7808,
    leaann_mcnabb@trimble.com, both of Trimble

    Web site: http://www.trimble.com/




    SPX Reports Fourth Quarter 2010 ResultsEarnings Per Share from Continuing Operations Exceeds Guidance

    CHARLOTTE, N.C., Feb. 17, 2011 /PRNewswire/ -- SPX Corporation today reported results for the fourth quarter and year ended December 31, 2010:

    Fourth Quarter Highlights:

    --  Revenues of $1.33 billion increased slightly from $1.32 billion in the
    year-ago quarter.  Organic revenues* declined 3.0%, while completed
    acquisitions and currency fluctuations impacted revenues by 4.4% and
    (1.3)%, respectively.
    

    --  Segment income and margins were $160.4 million and 12.1%, compared with
    $168.9 million and 12.8% in the year-ago quarter.
    

    --  Diluted net income per share from continuing operations was $1.30,
    compared with a loss of $1.62 in the year-ago quarter.  The fourth
    quarter 2010 results include a tax benefit of $8.6 million, or $0.17 per
    share, associated with the settlement of certain legacy tax matters.
    

    --  Adjusted net income per share from continuing operations*, which
    excludes the impact of the tax benefit noted above, was $1.13, compared
    to the company's guidance of $0.95 to $1.10.
    

    --  Net cash from continuing operations was $213.6 million, compared with
    $226.2 million in the year-ago quarter. The decline in cash flow was due
    primarily to a voluntary pension contribution of $100 million in the
    fourth quarter of 2010.  This was partially offset by other changes in
    working capital and lower cash spending on restructuring.
    

    --  Free cash flow from continuing operations* during the quarter was $173.6
    million, compared with $193.1 million in the year-ago quarter.  The
    decrease was due primarily to the items noted above, in addition to
    higher capital expenditures.
    

    Full Year 2010 Highlights:

    --  Revenues increased 0.9% to $4.89 billion from $4.85 billion in 2009.
    Organic revenues declined 2.4%, while completed acquisitions and
    currency fluctuations impacted reported revenues by 3.8% and (0.5)%,
    respectively.
    

    --  Segment income and margins were $560.3 million and 11.5%, compared with
    $587.8 million and 12.1% in 2009.
    

    --  Diluted net income per share from continuing operations was $3.86,
    compared with $0.95 in 2009.  The full year 2010 results include net tax
    benefits of $28.6 million, or $0.57 per share, associated with the
    settlement of certain tax matters and charges of $25.6 million, or $0.33
    per share, associated with the early termination of debt and related
    interest rate swap agreements.
    

    --  Adjusted net income per share from continuing operations was $3.62,
    excluding the items noted above, as compared to the company's guidance
    of $3.45 to $3.60.
    

    --  Net cash from continuing operations was $256.7 million, compared with
    $463.2 million in 2009.  The current year net cash from continuing
    operations included cash usage of $24.5 million for the early
    termination of debt and associated interest rate swap agreements.  The
    remaining decline in cash flow was due primarily to the fourth quarter
    2010 pension contribution and investments in working capital,
    particularly accounts receivable, as a result of organic growth in the
    second half of 2010.  This was partially offset by lower cash spending
    on restructuring.
    

    --  Adjusted free cash flow from continuing operations* for 2010, which
    excludes the cash paid in connection with the early debt termination
    noted above, was $205.5 million, compared with free cash flow of $370.4
    million in 2009.  The decrease in cash flow was due primarily to the
    items noted above, partially offset by lower capital expenditures in
    2010.
    

    "We are pleased with our 2010 results as we have met or exceeded all the consolidated financial expectations we set at the beginning of the year and made progress towards our long term goals," said Christopher J. Kearney, Chairman, President and Chief Executive Officer of SPX. "We are in a strong financial position with sufficient flexibility to continue to make strategic investments as opportunities arise.

    "As we move into 2011 we are encouraged by many positive trends across our end markets, and remain confident in, and committed to executing, our long term strategy," Kearney added.

    FINANCIAL HIGHLIGHTS - CONTINUING OPERATIONS

    Flow Technology

    Revenues for the fourth quarter of 2010 were $486.2 million compared to $437.9 million in the fourth quarter of 2009, an increase of $48.3 million, or 11.0%. Organic revenues increased 2.8%. The 2010 acquisitions of Anhydro and Gerstenberg Schroeder increased reported revenue by 9.2%, while the impact of currency fluctuations decreased revenues by 1.0% from the year-ago quarter.

    Segment income was $70.9 million, or 14.6% of revenues, in the fourth quarter of 2010 compared to $62.7 million, or 14.3% of revenues, in the fourth quarter of 2009. The increase in segment income was due primarily to the contributions of the 2010 acquisitions of Anhydro and Gerstenberg. Segment income and margin also benefited from positive product mix and leverage on the organic growth compared to the year-ago quarter. However, the segment margin improvement was partially offset by 50 basis points of dilution from the acquisitions.

    Test and Measurement

    Revenues for the fourth quarter of 2010 were $252.1 million compared to $219.2 million in the fourth quarter of 2009, an increase of $32.9 million, or 15.0%. Organic revenues increased 17.4%, driven primarily by increased sales of diagnostic and service tools to vehicle manufacturers and their dealer service networks. The impact of currency fluctuations decreased revenues by 2.4% from the year-ago quarter.

    Segment income was $21.7 million, or 8.6% of revenues, in the fourth quarter of 2010 compared to $19.4 million, or 8.9% of revenues, in the fourth quarter of 2009. The increase in segment income was due primarily to the impact of the organic revenue increase noted above. The positive impact of the organic growth on segment margin was more than offset by a lower LIFO adjustment in the fourth quarter of 2010 as compared to the fourth quarter of 2009. Excluding the impact of the fourth quarter 2010 and 2009 LIFO adjustments, segment margin would have increased 120 basis points.

    Thermal Equipment and Services

    Revenues for the fourth quarter of 2010 were $418.8 million compared to $487.4 million in the fourth quarter of 2009, a decrease of $68.6 million, or 14.1%. Organic revenues declined 16.1% in the quarter, driven primarily by lower demand for cooling systems, particularly in China. The December 2009 SPX Heat Transfer Inc. acquisition increased reported revenues by 3.5%, while the impact of currency fluctuations decreased reported revenues by 1.5%, from the year-ago quarter.

    Segment income was $52.8 million, or 12.6% of revenues, in the fourth quarter of 2010 compared to $63.3 million, or 13.0% of revenues, in the fourth quarter of 2009. The decline in segment income and margin was due primarily to the organic decline noted above, partially offset by the incremental income from the SPX Heat Transfer Inc. acquisition.

    Industrial Products and Services

    Revenues for the fourth quarter of 2010 were $167.9 million compared to $178.8 million in the fourth quarter of 2009, a decrease of $10.9 million, or 6.1%. Organic revenues declined 6.3% in the quarter, driven primarily by pricing declines for power transformers. Completed acquisitions increased reported revenues by 0.4%, while the impact of currency fluctuations decreased reported revenues by 0.2%, from the year-ago quarter.

    Segment income was $15.0 million, or 8.9% of revenues, in the fourth quarter of 2010 compared to $23.5 million, or 13.1% of revenues, in the fourth quarter of 2009. The decrease in segment income and margin was due primarily to the impact of the pricing decline for power transformers.

    OTHER ITEMS

    Dividend: On November 24, 2010, the company announced that its Board of Directors had declared a quarterly dividend of $0.25 per common share to shareholders of record on December 15, 2010, which was paid on January 4, 2011.

    Discontinued Operations: During the fourth quarter of 2010, the company completed the sale of a product line previously reported in the Thermal Equipment and Services segment.

    The financial condition, results of operations, cash flows and realized loss from the sale of this product line has been reported as discontinued operations in the attached consolidated financial statements.

    Acquisition: On February 16, 2011, the company announced that it had entered into a definitive agreement with Teradyne Inc. to acquire all the assets of their Teradyne Diagnostics Solutions business. This business is a leading global supplier of diagnostic solutions for transportation OEMs and automotive dealerships with annual revenue of approximately $40 million.

    Form 10-K: The company expects to file its annual report on Form 10-K for the year ended December 31, 2010 with the Securities and Exchange Commission by March 1, 2011. This press release should be read in conjunction with that filing, which will be available on the company's website at www.spx.com, in the Investor Relations section.

    About SPX: Based in Charlotte, North Carolina, SPX Corporation is a global Fortune 500 multi-industry manufacturing leader with nearly $5 billion in annual revenue, operations in more than 35 countries and approximately 15,500 employees. The company's highly-specialized, engineered products and technologies serve customers in three primary strategic growth markets: infrastructure, process equipment and diagnostic tools. Many of SPX's innovative solutions are playing a role in helping to meet rising global demand, particularly in emerging markets, for electricity, processed foods and beverages and vehicle services. The company's products include thermal heat transfer equipment for power plants; power transformers for utility companies; process equipment for the food & beverage industry; and diagnostic tools and equipment for the vehicle service industry. For more information, please visit www.spx.com.

    * Non-GAAP number. See attached financial schedules for reconciliation to most comparable GAAP number.

    Certain statements in this press release are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. Please read these results in conjunction with the company's documents filed with the Securities and Exchange Commission, including the company's annual reports on Form 10-K and quarterly reports on Form 10-Q. These filings identify important risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements. Actual results may differ materially from these statements. The words "believe," "expect," "anticipate," "estimate," "guidance," "target" and similar expressions identify forward-looking statements. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. In addition, estimates of future operating results are based on the company's current complement of businesses, which is subject to change. Statements in this press release speak only as of the date of this press release, and SPX disclaims any responsibility to update or revise such statements

    SPX CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited; in millions, except per share amounts)

    Three months ended ------------------ December 31, December 31, 2010 2009 ------------- ------------- Revenues $1,325.0 $1,323.3 Costs and expenses: Cost of products sold 936.4 937.2 Selling, general and administrative 267.9 249.3 Intangible amortization 7.7 5.5 Impairment of goodwill and other intangible assets 1.7 194.8 Special charges, net 16.3 18.6 ---- ---- Operating income (loss) 95.0 (82.1) Other income (expense), net (0.6) 0.7 Interest expense (23.7) (23.4) Interest income 1.5 1.5 Loss on early extinguishment of interest rate - - protection agreements and term loan Equity earnings in joint ventures 7.9 7.5 --- --- Income (loss) from continuing operations 80.1 (95.8) before income taxes Income tax (provision) benefit (15.7) 16.2 ----- ---- Income (loss) from continuing operations 64.4 (79.6) ---- ----- Loss from discontinued operations, net of tax (0.2) (2.7) Gain (loss) on disposition of discontinued (0.4) 9.1 operations, net of tax ---- --- Income (loss) from discontinued operations (0.6) 6.4 ---- --- Net income (loss) 63.8 (73.2) Less: Net loss attributable to noncontrolling (1.5) (1.1) interests Net income (loss) attributable to $65.3 $(72.1) SPX Corporation common shareholders ===== ====== Amounts attributable to SPX Corporation common shareholders: Income (loss) from continuing operations, $65.9 $(80.0) net of tax Income (loss) from discontinued operations, (0.6) 7.9 net of tax ---- --- Net income (loss) $65.3 $(72.1) ===== ====== Basic income per share of common stock: Income (loss) from continuing operations $1.32 $(1.62) attributable to SPX Corporation common shareholders Income (loss) from discontinued operations (0.01) 0.16 attributable to SPX Corporation common ----- ---- shareholders Net income (loss) per share attributable to $1.31 $(1.46) SPX Corporation common shareholders ===== ====== Weighted average number of common shares 49.941 49.316 outstanding - basic Diluted income per share of common stock: Income (loss) from continuing operations $1.30 $(1.62) attributable to SPX Corporation common shareholders Income (loss) from discontinued operations (0.01) 0.16 attributable to SPX Corporation common ----- ---- shareholders Net income (loss) per share attributable to $1.29 $(1.46) SPX Corporation common shareholders ===== ====== Weighted average number of common shares 50.718 49.316 outstanding - diluted

    Twelve months ended ------------------- December 31, December 31, 2010 2009 ------------- ------------- Revenues $4,886.8 $4,845.6 Costs and expenses: Cost of products sold 3,454.0 3,426.0 Selling, general and administrative 1,024.4 959.2 Intangible amortization 27.1 21.5 Impairment of goodwill and other intangible assets 1.7 194.8 Special charges, net 36.4 73.1 ---- ---- Operating income (loss) 343.2 171.0 Other income (expense), net (21.3) (19.7) Interest expense (87.2) (92.1) Interest income 5.4 7.5 Loss on early extinguishment of interest rate (25.6) - protection agreements and term loan Equity earnings in joint ventures 30.2 29.4 ---- ---- Income (loss) from continuing operations 244.7 96.1 before income taxes Income tax (provision) benefit (53.1) (47.1) ----- ----- Income (loss) from continuing operations 191.6 49.0 ----- ---- Loss from discontinued operations, net of tax (0.5) (6.4) Gain (loss) on disposition of discontinued 11.7 (26.4) operations, net of tax ---- ----- Income (loss) from discontinued operations 11.2 (32.8) ---- ----- Net income (loss) 202.8 16.2 Less: Net loss attributable to noncontrolling (2.8) (15.5) interests Net income (loss) attributable to $205.6 $31.7 SPX Corporation common shareholders ====== ===== Amounts attributable to SPX Corporation common shareholders: Income (loss) from continuing operations, $194.4 $47.2 net of tax Income (loss) from discontinued operations, 11.2 (15.5) net of tax ---- ----- Net income (loss) $205.6 $31.7 ====== ===== Basic income per share of common stock: Income (loss) from continuing operations $3.91 $0.96 attributable to SPX Corporation common shareholders Income (loss) from discontinued operations 0.23 (0.32) attributable to SPX Corporation common ---- ----- shareholders Net income (loss) per share attributable to $4.14 $0.64 SPX Corporation common shareholders ===== ===== Weighted average number of common shares 49.718 49.363 outstanding - basic Diluted income per share of common stock: Income (loss) from continuing operations $3.86 $0.95 attributable to SPX Corporation common shareholders Income (loss) from discontinued operations 0.22 (0.31) attributable to SPX Corporation common ---- ----- shareholders Net income (loss) per share attributable to $4.08 $0.64 SPX Corporation common shareholders ===== ===== Weighted average number of common shares 50.347 49.797 outstanding - diluted

    SPX CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited; in millions)

    December December 31, 31, 2010 2009 ---- ---- ASSETS Current assets: Cash and equivalents $455.4 $522.9 Accounts receivable, net 1,164.8 1,044.7 Inventories 564.3 559.3 Other current assets 176.1 121.2 Deferred income taxes 67.9 56.1 Assets of discontinued operations - 8.4 --- --- Total current assets 2,428.5 2,312.6 Property, plant and equipment: Land 40.8 39.1 Buildings and leasehold improvements 264.1 250.4 Machinery and equipment 767.1 712.0 ----- ----- 1,072.0 1,001.5 Accumulated depreciation (526.8) (455.2) ------ ------ Property, plant and equipment, net 545.2 546.3 Goodwill 1,634.6 1,600.0 Intangibles, net 719.5 708.3 Deferred income taxes - 115.3 Other assets 555.5 442.5 ----- ----- TOTAL ASSETS 5,883.3 $5,725.0 ======= ======== LIABILITIES AND EQUITY Current liabilities: Accounts payable $538.8 $475.0 Accrued expenses 1,080.1 986.6 Income taxes payable 16.3 40.3 Short-term debt 36.3 74.4 Current maturities of long-term debt 50.8 76.0 Liabilities of discontinued operations - 7.6 --- --- Total current liabilities 1,722.3 1,659.9 Long-term debt 1,110.5 1,128.6 Deferred and other income taxes 86.9 92.1 Other long-term liabilities 859.6 962.9 ----- ----- Total long-term liabilities 2,057.0 2,183.6 Equity: SPX Corporation shareholders' equity: Common stock 986.7 979.0 Paid-in capital 1,461.1 1,425.7 Retained earnings 2,358.6 2,203.0 Accumulated other comprehensive loss (192.6) (213.6) Common stock in treasury (2,516.1) (2,523.3) -------- -------- Total SPX Corporation shareholders' equity 2,097.7 1,870.8 Noncontrolling interests 6.3 10.7 --- ---- Total equity 2,104.0 1,881.5 TOTAL LIABILITIES AND EQUITY $5,883.3 $5,725.0 ======== ========

    SPX CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited; in millions)

    Three months ended ------------------ December December 31, 2010 31, 2009 --------- --------- Cash flows from (used in) operating activities: Net income (loss) $63.8 $(73.2) Less: Income (loss) from discontinued operations, net of tax (0.6) 6.4 ---- --- Income (loss) from continuing operations 64.4 (79.6) Adjustments to reconcile income (loss) from continuing operations to net cash from operating activities: Special charges, net 16.3 18.6 Impairment of goodwill and other intangible assets 1.7 194.8 Loss on early extinguishment of interest rate protection - - agreements and term loan (Gain) loss on sale of product line - 0.3 Deferred and other income taxes 45.7 (30.5) Depreciation and amortization 30.1 25.9 Pension and other employee benefits 17.8 13.5 Stock-based compensation 5.7 5.9 Other, net 11.8 (0.2) Changes in operating assets and liabilities, net of effects from acquisitions and divestitures: Accounts receivable and other assets 12.0 216.8 Inventories 14.5 114.5 Accounts payable, accrued expenses and other (0.7) (233.7) Cash spending on restructuring actions (5.7) (20.1) ---- ----- Net cash from continuing operations 213.6 226.2 Net cash from (used in) discontinued operations (0.5) (0.5) ---- ---- Net cash from operating activities 213.1 225.7 Cash flows from (used in) investing activities: Proceeds from asset sales and other 7.3 0.7 (Increase) decrease in restricted cash 1.0 (0.5) Business acquisitions and other investments, (8.5) (131.4) net of cash acquired Capital expenditures (40.0) (33.1) ----- ----- Net cash used in continuing operations (40.2) (164.3) Net cash from discontinued operations 2.7 5.8 --- --- Net cash used in investing activities (37.5) (158.5) Cash flows from (used in) financing activities: Borrowings under senior credit facilities - 210.5 Repayments under senior credit facilities (96.0) (186.4) Borrowing under senior note - - Borrowings under trade receivables agreement 55.0 11.0 Repayments under trade receivables agreement (71.0) (10.0) Net repayments under other financing (0.7) 6.3 arrangements Purchases of common stock - - Proceeds from exercise of employee stock 9.0 0.9 options and other, net of minimum withholdings paid on behalf of employees for net share settlements Purchase of noncontrolling interest in subsidiary - 0.2 Financing fees paid (0.4) - Dividends paid (14.6) (12.9) ----- ----- Net cash from (used in) continuing operations (118.7) 19.6 Net cash from discontinued operations - - --- --- Net cash from (used in) financing activities (118.7) 19.6 Change in cash and equivalents due to changes 7.5 (2.0) in foreign exchange rates Net change in cash and equivalents 64.4 84.8 Consolidated cash and equivalents, beginning of period 391.0 438.1 Consolidated cash and equivalents, end of period $455.4 $522.9 ====== ======

    Twelve months ended ------------------- December December 31, 2010 31, 2009 --------- --------- Cash flows from (used in) operating activities: Net income (loss) $202.8 $16.2 Less: Income (loss) from discontinued operations, net of tax 11.2 (32.8) ---- ----- Income (loss) from continuing operations 191.6 49.0 Adjustments to reconcile income (loss) from continuing operations to net cash from operating activities: Special charges, net 36.4 73.1 Impairment of goodwill and other intangible assets 1.7 194.8 Loss on early extinguishment of interest rate protection 25.6 - agreements and term loan (Gain) loss on sale of product line - (1.1) Deferred and other income taxes 61.0 (21.0) Depreciation and amortization 113.0 105.9 Pension and other employee benefits 68.4 53.5 Stock-based compensation 31.1 27.6 Other, net 15.5 16.3 Changes in operating assets and liabilities, net of effects from acquisitions and divestitures: Accounts receivable and other assets (218.3) 319.4 Inventories 16.3 160.1 Accounts payable, accrued expenses and other (57.4) (447.3) Cash spending on restructuring actions (28.2) (67.1) ----- ----- Net cash from continuing operations 256.7 463.2 Net cash from (used in) discontinued operations (3.1) 7.9 ---- --- Net cash from operating activities 253.6 471.1 Cash flows from (used in) investing activities: Proceeds from asset sales and other 9.6 3.6 (Increase) decrease in restricted cash 3.5 8.4 Business acquisitions and other investments, (130.6) (131.4) net of cash acquired Capital expenditures (75.7) (92.8) ----- ----- Net cash used in continuing operations (193.2) (212.2) Net cash from discontinued operations 10.1 24.0 ---- ---- Net cash used in investing activities (183.1) (188.2) Cash flows from (used in) financing activities: Borrowings under senior credit facilities 164.0 424.5 Repayments under senior credit facilities (825.5) (503.0) Borrowing under senior note 600.0 - Borrowings under trade receivables agreement 90.0 138.0 Repayments under trade receivables agreement (112.0) (116.0) Net repayments under other financing (1.7) (17.6) arrangements Purchases of common stock - (113.2) Proceeds from exercise of employee stock 3.5 1.2 options and other, net of minimum withholdings paid on behalf of employees for net share settlements Purchase of noncontrolling interest in subsidiary - (3.0) Financing fees paid (13.0) - Dividends paid (52.3) (50.3) ----- ----- Net cash from (used in) continuing operations (147.0) (239.4) Net cash from discontinued operations - 0.2 --- --- Net cash from (used in) financing activities (147.0) (239.2) Change in cash and equivalents due to changes 9.0 3.3 in foreign exchange rates Net change in cash and equivalents (67.5) 47.0 Consolidated cash and equivalents, beginning of period 522.9 475.9 Consolidated cash and equivalents, end of period $455.4 $522.9 ====== ======

    SPX CORPORATION AND SUBSIDIARIES RESULTS OF OPERATIONS BY SEGMENT (Unaudited; in millions)

    Three months ended ------------------ December December 31, 2010 31, 2009 % --------- --------- --- Flow Technology Revenues $486.2 $437.9 11.0% Gross profit 169.9 148.6 Selling, general and administrative expense 94.8 83.0 Intangible amortization expense 4.2 2.9 Segment income $70.9 $62.7 13.1% ===== ===== as a percent of revenues 14.6% 14.3% Test and Measurement Revenues $252.1 $219.2 15.0% Gross profit 76.3 66.5 Selling, general and administrative expense 52.9 45.3 Intangible amortization expense 1.7 1.8 Segment income $21.7 $19.4 11.9% ===== ===== as a percent of revenues 8.6% 8.9% Thermal Equipment and Services Revenues $418.8 $487.4 -14.1% Gross profit 104.6 120.7 Selling, general and administrative expense 50.2 56.8 Intangible amortization expense 1.6 0.6 Segment income $52.8 $63.3 -16.6% ===== ===== as a percent of revenues 12.6% 13.0% Industrial Products and Services Revenues $167.9 $178.8 -6.1% Gross profit 42.0 53.0 Selling, general and administrative expense 26.8 29.3 Intangible amortization expense 0.2 0.2 Segment income $15.0 $23.5 -36.2% ===== ===== as a percent of revenues 8.9% 13.1% Total segment income $160.4 $168.9 Corporate expenses 28.8 22.3 Pension and postretirement expense 12.9 9.4 Stock-based compensation expense 5.7 5.9 Impairment of goodwill and other intangibles 1.7 194.8 Special charges, net 16.3 18.6 Consolidated Operating Income (Loss) $95.0 $(82.1) 215.7% ===== ======

    Twelve months ended ------------------- December December 31, 2010 31, 2009 % --------- --------- --- Flow Technology Revenues $1,662.2 $1,634.1 1.7% Gross profit 583.5 549.9 Selling, general and administrative expense 354.4 327.6 Intangible amortization expense 13.5 11.4 Segment income $215.6 $210.9 2.2% ====== ====== as a percent of revenues 13.0% 12.9% Test and Measurement Revenues $924.0 $810.4 14.0% Gross profit 275.7 234.0 Selling, general and administrative expense 192.7 175.5 Intangible amortization expense 6.4 7.1 Segment income $76.6 $51.4 49.0% ===== ===== as a percent of revenues 8.3% 6.3% Thermal Equipment and Services Revenues $1,602.1 $1,595.5 0.4% Gross profit 402.8 378.9 Selling, general and administrative expense 202.8 204.6 Intangible amortization expense 6.3 2.5 Segment income $193.7 $171.8 12.7% ====== ====== as a percent of revenues 12.1% 10.8% Industrial Products and Services Revenues $698.5 $805.6 -13.3% Gross profit 188.1 267.8 Selling, general and administrative expense 112.8 113.6 Intangible amortization expense 0.9 0.5 Segment income $74.4 $153.7 -51.6% ===== ====== as a percent of revenues 10.7% 19.1% Total segment income $560.3 $587.8 Corporate expenses 95.5 83.8 Pension and postretirement expense 52.4 37.5 Stock-based compensation expense 31.1 27.6 Impairment of goodwill and other intangibles 1.7 194.8 Special charges, net 36.4 73.1 Consolidated Operating Income (Loss) $343.2 $171.0 100.7% ====== ======

    SPX CORPORATION AND SUBSIDIARIES ORGANIC REVENUE RECONCILIATION (Unaudited)

    Three months ended December 31, 2010 ------------------------------------ Net Revenue Growth (Decline) Acquisitions ---------- ------------ Flow Technology 11.0% 9.2% Test and Measurement 15.0% - % Thermal Equipment and Services (14.1)% 3.5% Industrial Products and Services (6.1)% 0.4% Consolidated 0.1% 4.4% Twelve months ended December 31, 2010 ----------------------------- Net Revenue Growth (Decline) Acquisitions ---------- ------------ Flow Technology 1.7% 5.6% Test and Measurement 14.0% - % Thermal Equipment and Services 0.4% 5.5% Industrial Products and Services (13.3)% 0.4% Consolidated 0.9% 3.8%

    Three months ended December 31, 2010 ------------------------------------ Organic Foreign Revenue Growth Currency (Decline) -------- ---------- Flow Technology (1.0)% 2.8% Test and Measurement (2.4)% 17.4% Thermal Equipment and Services (1.5)% (16.1)% Industrial Products and Services (0.2)% (6.3)% Consolidated (1.3)% (3.0)% Organic Foreign Revenue Growth Currency (Decline) -------- ---------- Flow Technology 0.2% (4.1)% Test and Measurement (1.1)% 15.1% Thermal Equipment and Services (1.1)% (4.0)% Industrial Products and Services (0.1)% (13.6)% Consolidated (0.5)% (2.4)%

    SPX CORPORATION AND SUBSIDIARIES FREE CASH FLOW RECONCILIATION (Unaudited; in millions)

    Three months ended ------------------ December 31, December 31, 2010 2009 ------------- ------------- Net cash from continuing operations $213.6 $226.2 Capital expenditures -continuing operations (40.0) (33.1) Free cash flow from continuing operations $173.6 $193.1 ====== ====== Cash paid on early extinguishment of interest rate protection agreements and term loan Adjusted free cash flow from continuing operations

    Twelve months ended ------------------- December 31, December 31, 2010 2009 ------------- ------------- Net cash from continuing operations $256.7 $463.2 Capital expenditures -continuing operations (75.7) (92.8) Free cash flow from continuing operations $181.0 $370.4 ====== Cash paid on early extinguishment of interest rate protection agreements and term loan 24.5 Adjusted free cash flow from continuing operations $205.5 ======

    SPX CORPORATION AND SUBSIDIARIES CASH AND DEBT RECONCILIATION (Unaudited; in millions)

    Twelve months ended December 31, ------------ 2010 ---- Beginning cash and equivalents $522.9 Operational cash flow 256.7 Business acquisitions and other investments, net of cash acquired (130.6) Capital expenditures (75.7) Decrease in restricted cash 3.5 Proceeds from asset sales and other 9.6 Borrowings under senior credit facilities 164.0 Borrowings under senior note 600.0 Repayments under senior credit facilities (825.5) Net borrowings under other financing arrangements (1.7) Net repayments under trade receivables agreement (22.0) Financing fees paid (13.0) Proceeds from exercise of employee stock options and other, net of minimum withholdings paid on behalf of employees for net share settlements 3.5 Dividends paid (52.3) Cash from discontinued operations 7.0 Change in cash due to changes in foreign exchange rates 9.0 --- Ending cash and equivalents $455.4 ====== Debt at Debt at 12/31/2009 Borrowings Repayments Other 12/31/2010 ---------- ---------- ---------- ----- ---------- Term loan $600.0 $- $(600.0) $- $- Domestic revolving loan facility 61.5 164.0 (225.5) - - 6.875% senior notes - 600.0 - - 600.0 7.625% senior notes 500.0 - - - 500.0 7.50% senior notes 28.2 - - - 28.2 6.25% senior notes 21.3 - - - 21.3 Trade receivables financing arrangement 22.0 90.0 (112.0) - - Other indebtedness 46.0 13.8 (15.5) 3.8 48.1 ---- ---- ----- --- ---- Totals $1,279.0 $867.8 $(953.0) $3.8 $1,197.6 ======== ====== ======= ==== ========

    SPX CORPORATION AND SUBSIDIARIES ADJUSTED EARNINGS PER SHARE RECONCILIATION (Unaudited)

    Three months ended ------------------ December 31, December 31, 2010 2009 ------------- ------------- Diluted net income (loss) per share of common stock from continuing operations attributable to SPX Corporation common shareholders $1.30 $(1.62) Impairment of goodwill and other intangible assets - 3.39 Tax matters (0.17) (0.43) Anti-dilutive earnings impact on share calculation - 0.02 Loss on early extinguishment of interest rate protection agreements and term loan - - Adjusted diluted net income per share of common stock from continuing operations attributable to SPX Corporation common shareholders $1.13 $1.36 ===== =====

    Twelve months ended ------------------- December 31, December 31, 2010 2009 ------------- ------------- Diluted net income (loss) per share of common stock from continuing operations attributable to SPX Corporation common shareholders $3.86 $0.95 Impairment of goodwill and other intangible assets - 3.40 Tax matters (0.57) (0.43) Anti-dilutive earnings impact on share calculation - - Loss on early extinguishment of interest rate protection agreements and term loan 0.33 - Adjusted diluted net income per share of common stock from continuing operations attributable to SPX Corporation common shareholders $3.62 $3.92 ===== =====

    SPX Corporation

    CONTACT: Ryan Taylor (Investors), +1-704-752-4486, investor@spx.com;
    Jennifer H. Epstein (Media), +1-704-752-7403, +1-704-804-3717,
    jennifer.epstein@spx.com

    Web site: http://www.spx.com/




    Turkcell Leverages Microsoft Tag Technology in New Mobile Marketing SolutionTurkcell's MobilKod offers value-added services for marketers that want to connect consumers to brand experiences in the online world.

    REDMOND, Wash., Feb. 17, 2011 /PRNewswire/ -- Turkish mobile operator Turkcell and Microsoft Tag today announced a new mobile marketing service called MobilKod, built by Turkcell and leveraging Microsoft Tag's mobile tagging technology. With this launch, Turkcell becomes the first mobile operator to extend the value of Microsoft Tag to provide an innovative campaign management service for marketers and advertisers. MobilKod provides a mobile marketing platform for brands and advertisers to reach millions of mobile subscribers in Turkey and beyond.

    (Logo: http://photos.prnewswire.com/prnh/20000822/MSFTLOGO)

    The MobilKod service (http://www.mobilkod.com.tr) offers a free service that allows marketers to create Tags. These 2-D bar codes can be placed on objects and in printed materials, and, when scanned with the free mobile application (available at http://gettag.mobi/tr), they unlock an interactive mobile experience provided by the brand or advertiser, such as a video, photo slideshow or mobile website. With MobilKod, marketers can create and measure the effectiveness of campaigns that use Tags to create holistic brand experiences by connecting their products and materials in the physical world to information and interactive content in the digital world.

    "As an established innovator in mobile marketing, our mission is to integrate mobile channels into the marketing mix for 360-degree marketing, as well as create additional revenues and expand mobile marketing through interactive experiences and advertising applications," said Sureyya Ciliv, CEO of Turkcell. "In order to do that, we aim to transform mobile media into a highly responsive, measurable and interactive channel. Enterprises can use this channel to reach existing and potential customers while measuring the rate of return from their investments via detailed reports and analyses."

    Turkcell is investing in innovative services and products, such as location-based services, augmented reality solutions, display advertising, conceptual branded ad packages, mobile TV advertising, and video advertising for companies and brands. MobilKod is a new service to expand this product portfolio and provides the critical ability for brands to create and measure interactive campaigns that connect their products and services to convenient, on-the-go experiences for consumers.

    The MobilKod Tag Reader (http://www.mobilkod.com.tr) is available in Turkey and is available for free on all supported devices, including Android, iPhone, BlackBerry, J2ME, Symbian and Windows Mobile devices by visiting http://gettag.mobi/tr.

    "We're excited to have Turkcell as our first mobile operator partner to extend the Microsoft Tag platform and offer additional value to brands and marketing partners," said Brian Fleisher, senior director, product management and business development for Microsoft Tag at Microsoft Corp. "Microsoft Tag offers a flexible mobile marketing solution, and, combined with the innovation and reach Turkcell provides, marketers have a powerful new channel for reaching their customers when and where they're most interested."

    More information about MobilKod can be found at http://www.mobilkod.com.tr.

    About Turkcell

    Turkcell is the leading communications and technology company in Turkey with 33.9 million postpaid and prepaid customers and a market share of approximately 55% as of September 30, 2010 (Source: Our estimations, operator's and the Telecommunication Authority's announcements). Turkcell provides high quality data and voice services to approximately 80% of the Turkish population through its 3G technology supported network and to 99.07% of the Turkish population through its 2G technology supported network. Turkcell reported TRY2.3 billion ($1.5 billion) net revenue for the period ended September 30, 2010 and its total assets reached TRY14.5 billion ($10.0 billion) as of September 30, 2010. Turkcell has become one of the first operators among the global operators to have implemented HSDPA+ and to reach to 42.2 Mbps speed with HSPA multi carrier solution. Turkcell is a leading regional player and has interests in international mobile operations in Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, Northern Cyprus and Ukraine which, together with its Turkish operations, had approximately 60.4 million subscribers as of September 30, 2010. Turkcell has been listed on the NYSE and the ISE since July 2000 and is the only NYSE listed company in Turkey and is among the top 15% of companies listed on NYSE by its size as of October 2010. 51.00% of Turkcell's share capital is held by Turkcell Holding, 0.05% by Cukurova Holding, 13.07% by Sonera Holding, 1.18% by M.V. Group and 0.01% by others while the remaining 34.69% is free float. Read more at http://www.turkcell.com.tr/en.

    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://photos.prnewswire.com/prnh/20000822/MSFTLOGO
    PRN Photo Desk photodesk@prnewswire.com Microsoft Corp.

    CONTACT: Kathryn McEwan of Edelman, U.S., +1-206-268-2281,
    kathryn.mcewan@edelman.com, for Microsoft; or Burak Mergen of Bersay,
    Turkey, +90 (212) 337 51 86, burak.mergen@bersay.com.tr, for Microsoft; or
    Nihat Narin, Investor and International Media Relations for Turkcell, +
    90-212-313-1244, nihat.narin@turkcell.com.tr

    Web site: http://www.microsoft.com/
    http://www.turkcell.com.tr/en/




    Meru Networks and Ascom Deliver 802.11n Phones to Health Care ProvidersHealth care facilities receive the highest level of voice reliability with the only 802.11n wireless phone available in the market today

    SUNNYVALE, Calif. and ORLANDO, Fla., Feb. 17, 2011 /PRNewswire/ -- HIMSS 2011 -- Meru Networks, Inc. , the leader in virtualized 802.11n enterprise wireless networking, today announced that Ascom endorses Meru's AP300 Series with "deployment-proven" support for the Ascom i62, the latest generation of voice over Wi-Fi(TM) (VoWiFi) handsets. As the leading provider of virtualized wireless LAN (WLAN) solutions, Meru is the first 802.11n virtualized WLAN provider to offer detailed deployment and interoperability support for Ascom i62 phones. Since its release in September 2010, Meru has seen significant adoption of the Ascom i62 within its customer base, leading both companies to work together to deliver a best-in-class All-Wireless Enterprise(TM) experience for Meru's and Ascom's mutual customers. Meru's industry-leading virtualized WLAN technology and dedicated quality-of-service (QoS) rules for voice calls have proven interoperability with the latest Ascom handsets. Health care facilities rely on companies like Meru for mobility in workflow situations like messaging alerts, telemetry, real-time locating system (RTLS) and computerized physician order entry (CPOE). By partnering with Ascom, Meru is able to further extend mobility and voice reliability with the 802.11n wireless phone available in the market today.

    (Logo: http://photos.prnewswire.com/prnh/20100621/SF23611LOGO)

    Key Facts

    --  Health care providers rely on efficient and reliable communications to
    improve both patient safety and the operational efficiency of the
    facility.  The Ascom i62 is designed to optimize this experience in two
    ways by providing 802.11n speed and coverage, as well as allowing the
    5GHz band to be used for more reliable VoWiFi communications.  Based on
    the 802.11n wireless networking standard, Meru's solutions provide high
    throughput and broad coverage, enabling caregivers to access
    bandwidth-intensive information including picture archiving
    communications systems (PACS) and patient medical records quickly and
    reliably.
    --  Based on its unique Virtual Cell(TM) architecture and support for
    mission-critical applications, Meru's AP300 Series is suited for
    bandwidth intensive applications, flexible scalability and high speed
    data transmissions, earning Meru a place on CRN's 2010 Top 100 Health
    Care Vendors list.
    --  Wi-Fi Meltdowns(TM) are a growing occurrence everyday across
    enterprises.  Meru's ability to help enterprises avoid a Wi-Fi Meltdown
    has been demonstrated with its WLAN 500(TM) demo, with over 500 wireless
    devices in a 500 square foot area - streaming voice, video and data
    concurrently and deliver full quality of service whether stationary or
    mobile.
    --  Join Meru at booth #2979 for the latest demonstration on Meru's leading
    health care solutions at HIMSS '11.
    

    Supporting Quotes

    Tom McKearney, senior vice president, marketing and business development, Ascom (US) Inc.

    "We're committed to delivering exceptional voice and messaging that reflects the way caregivers work. Our collaboration with Meru is a key element of this strategy, and ensures a smooth transition for early adopters of our latest handsets. This latest addition to the Ascom handset portfolio provides an ideal complement to the mobility and performance of a Meru network. As a result, our mutual customers can implement workflows that improve patient safety and outcomes, while minimizing the amount of IT support needed."

    John Gallagher, senior director, solutions marketing, Meru Networks

    "Meru is the first virtualized WLAN vendor to offer detailed deployment and interoperability support for Ascom i62 phones. As part of our joint effort with Ascom, our AP300 Series was enhanced to take advantage of Ascom's latest capabilities, accelerating the benefits of the Ascom i62 for our mutual customers. Together, Meru and Ascom have a proven interoperability between the Ascom VoWiFi handset and Meru's WLAN infrastructure. We are excited to have Ascom part of Meru's 802.11n network."

    About Ascom Wireless Solutions

    Ascom Wireless Solutions is a leading provider of on-site wireless communications for key segments such as hospitals, manufacturing industries, retail and hotels. More than 75,000 systems are installed at major companies all over the world. The company offers a broad range of voice and professional messaging solutions, creating value for customers by supporting and optimizing their Mission-Critical processes. The solutions are based on VoWiFi and IP-DECT that integrate seamlessly with existing enterprise systems. The company has subsidiaries in 10 countries and 1,200 employees worldwide. Founded in the 1950s and based in Goteborg, Sweden, Ascom is part of the Ascom Group, listed on the Swiss Stock Exchange.

    About Meru Networks

    Founded in 2002, Meru Networks provides a virtualized wireless LAN solution that cost-effectively optimizes the enterprise network to deliver the performance, reliability, predictability and operational simplicity of a wired network, with the advantages of mobility. Meru's solution represents an innovative approach to wireless networking that utilizes virtualization technology to create an intelligent and self-monitoring wireless network, and enables enterprises to migrate their business-critical applications from wired networks to wireless networks, and become all-wireless enterprises. Meru's solutions have been adopted in major industry vertical markets, including Fortune 500 enterprises, health care, education, retail, manufacturing, hospitality and government. Meru is headquartered in Sunnyvale, Calif., and has operations in the Americas, Europe, the Middle East and Asia Pacific. For more information, visit www.merunetworks.com or call (408) 215-5300.

    This press release contains forward-looking statements regarding Meru Networks expectations, hopes, plans, intentions or strategies, including, but not limited to statements regarding Meru's ability to further extend mobility and voice reliability, and to avoid Wi-Fi Meltdowns. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties include those described in Meru Networks' documents filed with or furnished to the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to Meru Networks as of the date hereof, and Meru Networks assumes no obligation to update these forward-looking statements.

    Meru Networks is a registered trademark of Meru Networks, Inc. All other trademarks are the property of their respective owners.

    Media contact: Investors contact: Neila Matheny Ingrid Ebeling/Elaine Chen Engage PR Market Street Partners (510) 748-8200, ext. 215 (408) 215-5658 nmatheny@engagepr.com ir@merunetworks.com

    Photo: http://photos.prnewswire.com/prnh/20100621/SF23611LOGO
    PRN Photo Desk, photodesk@prnewswire.com Meru Networks, Inc.

    CONTACT: Media, Neila Matheny of Engage PR, +1-510-748-8200, ext. 215,
    nmatheny@engagepr.com, for Meru Networks, Inc.; or Investors, Ingrid
    Ebeling or Elaine Chen, both of Market Street Partners, +1-408-215-5658,
    ir@merunetworks.com, for Meru Networks, Inc.

    Web site: http://www.merunetworks.com/
    http://www.himssconference.org/




    SuccessFactors Expands Reach in Caribbean and Central America with Doble Group PartnershipDoble Group Joins the SuccessFactors Partner Program as a SuccessSales Partner

    SAN MATEO, Calif., Feb. 17, 2011 /PRNewswire/ -- Today, Doble Group, LLC announced that they have joined SuccessFactors' partner program as a SuccessSales partner. Under the terms of the agreement, Doble Group will resell SuccessFactors products and services in the Caribbean and Central America.

    Doble Group, headquartered in Santo Domingo, Dominican Republic, delivers holistic performance improvement solutions through highly customized programs and innovative technologies to clients throughout the Caribbean and Central America. With SuccessFactors, Doble Group customers will be able to better address critical business alignment and employee performance issues via SuccessFactors' suite of on-demand Business Execution (BizX) solutions. The Business Execution (BizX) Suite provides a proven tool for decreasing the execution gap between strategy and business results and driving strong ROI.

    "Companies are more pressured than ever to achieve more with fewer resources," said Mariano J. Doble, CEO of Doble Group. "Small and large businesses alike are expected to grow their revenues while simultaneously driving efficiencies. This balancing act can only be achieved through flawless execution, which is precisely where SuccessFactors and Doble Group can help."

    "The Caribbean and Central America are very dynamic markets and we see Doble Group as a strong partner to continue SuccessFactors' growth in those areas," said Catherine Cherubino, vice president of alliances for SuccessFactors. "This partnership with Doble Group allows SuccessFactors to better deliver our world-class Business Execution solutions to meet customer demand in the Caribbean and Central America market."

    SuccessFactors SuccessSales partners invest in building proficiencies around selling and supporting SuccessFactors products to be able to effectively offer their customers and prospects the industry-leading Business Execution (BizX) Software Suite. SuccessFactors selects its sales partners based on their ability to open up new business segments, vertical markets or geographies to accelerate and enable SuccessFactors to reach all companies around the world.

    About the SuccessFactors Partner Program

    SuccessFactors has established significant relationships with industry leaders in sales, consulting, complementary business solutions and technology through the SuccessFactors Partner Program. Together, SuccessFactors and its partners develop, market, sell and deliver the most comprehensive, extensible suite of Business Execution Software solutions available.

    SuccessFactors Partners benefit from the breadth of services, promotion and support available through the SuccessFactors Partner Program, and customers benefit from the combination of solutions between SuccessFactors and its partners. For more information, visit: http://www.successfactors.com/partners/

    About Doble Group, LLC

    Doble Group is a specialized consulting firm that focuses on improving business results through performance management technologies and the alignment of the organization, its processes and teams for success. The Doble Group teams offers more than 50 years of hands on practical experience and expertise in general management, sales, marketing, customer service and CRM technologies. Doble Group specializes in cloud computing technologies with a strong focus on the Caribbean and Central American region.

    www.doblegroup.com

    About SuccessFactors, Inc.

    SuccessFactors is a global leader in Business Execution Software. The SuccessFactors Business Execution (BizX) Suite, which is delivered through the cloud, improves business alignment, team execution and people performance to drive results for companies of all sizes. Across 168 countries and 34 languages, more than 8 million users and 3,000 companies leverage SuccessFactors every day, up from approximately 300,000 users and 100 companies in 2003. BizX bridges the gap between strategy and success by allowing every person in an organization to execute against their goals better and faster. SuccessFactors' recent acquisitions of YouCalc, Inform and CubeTree supplement SuccessFactors' core BizX strategy with solutions that align with SuccessFactors' mission of helping companies get work done by delivering robust business insights and improved collaboration. To learn more, visit: www.successfactors.com.

    Execution Is The Difference(TM)

    Follow us: http://twitter.com/SuccessFactors

    Like us: http://facebook.com/SuccessFactors

    "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are SuccessFactors' current expectations and beliefs. These forward-looking statements include statements about product strategy and performance, partnerships, customer usage, expected benefits and implementation. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: unexpected delays in implementation; unexpected bugs or defects; outages or security breaches; user acceptance levels of the application; or our ability to manage our growth. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.

    Further information on these and other factors that could affect these forward-looking statements is included in the section entitled "Risk Factors" in our Annual Report on Form 10-K and in our most recent report on Form 10-Q and in other filings we make with the Securities and Exchange Commission from time to time.

    These documents are or will be available in the SEC Filings section of the Investor Relations section of our website at www.successfactors.com/investor. Information on our website is not part of this release.

    Contacts: Doble Group Mariano J Doble, 305-671-3254 Chief Executive Officer mjdoble@doblegroup.com SuccessFactors Andrea Meyer, 650-581-6659 Senior Manager, Public Relations ameyer@successfactors.com

    Photo: http://photos.prnewswire.com/prnh/20090602/SF26086LOGO
    PRN Photo Desk, photodesk@prnewswire.com SuccessFactors, Inc.

    CONTACT: Mariano J Doble, Chief Executive Officer of Doble Group,
    +1-305-671-3254, mjdoble@doblegroup.com; or Andrea Meyer, Senior Manager,
    Public Relations of SuccessFactors, +1-650-581-6659,
    ameyer@successfactors.com

    Web site: http://www.successfactors.com/
    http://www.doblegroup.com/




    Logo to Continue MTV Networks' Award-Winning Commitment to Public Service by Launching Its First Ever Pro-Social Campaign TodayOverall "beCause" Umbrella Initiative to Focus on Issues of Self-Respect and Empowerment Relevant to LGBT Community and Their AlliesGreater Than AIDS Movement Teams Up With Logo on Its First "beCause" Campaign Which Will Combat the Alarming Rise in HIV Infections

    NEW YORK, Feb. 17, 2011 /PRNewswire/ --

    To Tweet this release: http://logo.to/fy8Y0V

    Logo, the channel for gays and their families and friends from MTV Networks, a unit of Viacom , launches today "beCause," its first ever pro-social initiative focusing on self-respect and empowerment issues for the LGBT community and their allies.

    For its first campaign, Logo is teaming up with the Greater Than AIDS movement on a multi-platform media effort to combat the resurgence of HIV infections among gay and bisexual men. According to a recent study by the U.S. Centers for Disease Control and Prevention (CDC), one in five (19%) of men who have sex with men (MSM) in several major U.S. cities today are HIV positive--and as many as half of those who are infected don't know it.

    Overall, "beCause" aims to support and energize viewers about the many causes they care about in order to help them live happier and healthier lives:

    "The LGBT community has long held that gay rights issues are human rights issues. With the help of our straight allies, we have made tremendous strides for equality the last few years. But recent tragic headlines on gay bullying underscore the need to amplify our voices together and promote empowerment and self-respect, regardless of sexual orientation," said Lisa Sherman, General Manager, Logo. "As a media leader in the gay and gay-allied community, it's critical for us to not just participate in the dialogue, but to even help lead it. Each of us is a force to make positive change not only in the lives of others, but in our own as well."

    Logo's umbrella "beCause" initiative kicks off today in two steps. First, the channel is introducing the overall effort through a PSA that asks viewers to engage in community issues "because you are a force." The spot can be seen on the channel as well as its digital properties including LogoTV.com. Check out that PSA here: http://www.logotv.com/because/.

    First Effort, With Greater Than AIDS, Tackles HIV Resurgence

    Today Logo also begins its partnership with Greater Than AIDS - a national movement to respond to AIDS in America developed and led by the Kaiser Family Foundation and the Black AIDS Institute with additional support from the Elton John AIDS Foundation, Ford Foundation and MAC AIDS.

    Recognizing the disproportionate impact of the epidemic among gay and bisexual men, HIV/AIDS is the first issue addressed in Logo's new "beCause" campaign. This collaboration aims to refocus attention on the crisis facing gay and bisexual men and to inspire unity and action.

    "As a community, we once showed that we could be greater than AIDS. As we prepare to mark 30 years of AIDS, now is our time to do it again," said Scott Campbell, Executive Director of the Elton John AIDS Foundation, a Greater Than AIDS supporting partner. "I'm proud that a leading company like LOGO is refocusing attention on this epidemic, and I hope more will join us."

    beCause: be Greater Than AIDS will include targeted public service messages on Logo and informational content at www.logotv.com/because/hiv/index.jhtml, which also launches today. The site features several distinct areas including: facts about HIV; how to use a condom; what an HIV test is and where to get one; location of treatment resources across the country and how to take action locally.

    "We at Logo are proud to be teaming up with Greater Than AIDS on this effort. The partners have always been at the forefront of this disease - ensuring that people have the facts to protect themselves no matter what their status and have access to the best resources," said Sherman.

    As the "beCause" campaign progresses, efforts will target other issues challenging the LGBT community including bullying; depression/suicide;

    homelessness; and smoking/drug use.

    The Logo campaign is the latest chapter in MTV Networks' award-winning history of developing pro-social campaigns including think MTV, Nickelodeon's Big Green Help, CMT One Country, VH1 Save The Music Foundation and Spike's True Dads among many others.

    ABOUT LOGO

    Logo is the world's leading ad-supported cable, satellite, online, mobile and digital entertainment network from MTV Networks, a unit of Viacom for gays and lesbians, their families and friends. Launched in 2005, Logo's cable channel is in 47 million homes across the United States and is complemented by a federation of online properties, including LogoTV.com, TripOutGayTravel.com, AfterEllen.com, AfterElton.com, 365Gay.com, DowneLink.com and NewNowNext.com. Logo's content is distributed across all leading download-to-own, streaming and mobile services. The most influential brand for the most influential audience, Logo provides a mix of original and acquired entertainment as well as news, social networking and community building that are authentic, smart, fun, entertaining, and inclusive. Logo joins MTV Networks' roster of popular and highly targeted brands which include MTV, Comedy Central, VH1 and Spike TV.

    ABOUT GREATER THAN AIDS

    Greater Than AIDS is an unprecedented collaboration among a broad coalition of public and private sector partners united in response to the HIV/AIDS crisis in the United States, in particular among Black Americans and other disproportionately affected groups. Through a national media campaign and targeted community outreach, Greater Than AIDS aims to increase knowledge and understanding about HIV/AIDS and confront the stigma surrounding the disease. To learn more, visit: www.greaterthan.org

    The Kaiser Family Foundation - a leader in health policy and communications - provides strategic direction and day-to-day management, as well as oversees the production of the media campaign. The Black AIDS Institute - a think tank exclusively focused on AIDS in Black America - provides leadership and expert guidance and directs community engagement. Greater Than AIDS is developed in support of Act Against AIDS, an effort by the U.S. Centers for Disease Control and Prevention (CDC) to refocus attention on the domestic epidemic. Additional, financial and substantive support is provided by the Elton John AIDS Foundation, Ford Foundation and MAC AIDS Fund, among others.

    Press Contact: Jason Shumaker Brett Henne 212/846-7325 212/846-6752 Jason.Shumaker@logostaff.com Brett.Henne@vh1.com

    Logo

    CONTACT: Jason Shumaker, +1-212-846-7325, Jason.Shumaker@logostaff.com or
    Brett Henne, +1-212-846-6752, Brett.Henne@vh1.com

    Web site: http://www.logotv.com/




    STMicroelectronics to Hand Out Up to 7000 Microcontroller Discovery Kits at 'embedded world' to Encourage Creativity and Nurture Development of Outstanding Embedded ApplicationsPrintable vouchers and further information on www.st.com/ew2011

    GENEVA, Feb. 17, 2011 /PRNewswire/ -- At the upcoming embedded world trade show in Nuremberg, STMicroelectronics , a global leader serving customers across the spectrum of electronics applications and a world leader in microcontrollers, will give away 7000 quick-start development boards for fast evaluation and low-risk prototyping with ST's popular 8-bit (STM8) and 32-bit (STM32) microcontroller devices.

    The 'Discovery Kits' form an integral part of ST's microcontroller tool strategy, enabling the easiest possible design starts. Straightforward to set up and use by plugging into a PC, these USB-powered boards integrate a microcontroller and an ST-Link debugger, complemented with free programming and compiling software from ST and third parties.

    On-board hardware extensions provide easy connection to other boards or devices for deeper testing of the microcontroller peripherals. All kits contain LEDs and push buttons and enable access to all device pins through an extension header.

    Today, Discovery Kits are available for ST's: standard 8-bit (STM8S), the STM8S-Discovery; ultra-low-power 8-bit (STM8L), the STM8L-Discovery; as well as the standard 32-bit (STM32) microcontroller series, the STM32VL-Discovery. At the embedded world 2011, a new Discovery Kit will be introduced for ST's 32-bit ultra-low-power family, the STM32L, and it will be available in April 2011.

    Normally priced below euro 10, Discovery Kits have become hugely popular with the embedded design community as the perfect tool for discovering the possibilities of ST's microcontrollers, with some 100,000 units shipped to date.

    'embedded world 2011' Discovery Kit vouchers are available(1) upon registration at www.st.com/internet/com/events/ew2011regform.jsp and the free kits can be claimed on ST's booth (Hall 12/330) at the Nuremberg, Germany, Trade Fair Center on March 1-3, 2011.

    About STMicroelectronics

    STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2010, the Company's net revenues were $10.35 billion. Further information on ST can be found at www.st.com.

    (1) while stocks last

    STMicroelectronics

    CONTACT: Michael Markowitz, STMicroelectronics, +1-781-591-0354,
    michael.markowitz@st.com

    Web site: http://www.st.com/




    Constellation, Ashford University's Innovative Suite of Electronic Textbooks, Recognized in 2011 Horizon Report

    SAN DIEGO, Feb. 17, 2011 /PRNewswire/ -- Constellation, Ashford University's suite of innovative electronic textbooks, has been recognized in the 2011 Horizon Report, a respected publication that identifies emerging technologies likely to have a large impact on higher education. Technologies are examined for their potential in teaching, learning and creative inquiry.

    (Photo: http://photos.prnewswire.com/prnh/20110217/LA50090)

    Bridgepoint Education, Inc. , a provider of post secondary education services and Ashford's parent company, launched Constellation on April 29, 2010. The Horizon Report, co-produced by Educause and the New Media Consortium, showcases it as an example of "innovative work going on among learning-focused institutions." The report is published annually and has more than 600,000 readers in 70 countries.

    Technologies featured in the report are placed among adoption time frames for mainstream use. Constellation, included in the "one year or less category," demonstrates how electronic books are successfully being used in higher education settings today.

    "Hundreds of institutions vie for recognition in the report, but only a few are selected as exemplars of specific technologies in higher education," said Elizabeth Aguiar, Bridgepoint Education vice president of Learning Resources and Publishing. "It's an honor to be included among the ranks of Amazon, Stanford University Medical School and Rochester Institute of Technology."

    Created and maintained by Ashford University, Constellation is a compilation of interactive web-based course materials. Developed exclusively for Ashford University students, course materials include textbooks and essential readings; audio and video programs; interactive exercises; and supplements organized in a purposeful way to support the learning process.

    Materials are displayed in a proprietary, browser-based reader. Students may access them on their computers or mobile devices, such as iPhone, Kindle and iPad. Students are free to use their course materials in any way they wish. They can listen to the audio versions, download to multiple devices, print without restriction, keep for future reference or share with colleagues.

    "It's my salvation," Yvette Tait, 54, an Ashford University student earning her bachelor's degree in Environmental Studies, said. "It's convenient and comprehensive. Constellation is easy to access, downloading is quick and all the information is in sync with the class." Tait, a Cocoa, Fla. resident, has plans to become an environmental engineer.

    Constellation content is customized for Ashford University students and designed to reflect the institution's curriculum, learning objectives and outcomes. Materials are developed by Ashford University faculty and other leading experts in their fields who must have previous writing and teaching experience.

    The process is managed by an editorial team responsible for engaging qualified authors to write text for the courses. The team then leads the process from a rough draft to an academically sound finished product tailored to course objectives.

    Currently, 11 Ashford University courses use Constellation. Plans call for creating many more digital books over the next two years, to include general education and foundation courses for various majors.

    "Many institutions offer electronic books and incorporate some of their digital assets into learning platforms. Constellation is exceptional in that it provides unprecedented access to all materials, including textbooks," Aguiar said. "The Constellation team is a blend of brains, talent and intellectual curiosity between developers who created the Constellation Reader and the editorial group who create the content."

    Aguiar adds that Constellation supports Ashford University's mission to provide affordable, accessible, high quality, higher education. "Constellation materials replace third-party textbooks, which have typically cost online students $150 per course. Constellation costs $75 per course," she said. "Constellation demonstrates that technological innovation in the digital age can be applied to bring our students easier access to important resources whenever they want, plus provide great educational value."

    Visit https://content.ashford.edu/horizon for more information and a tutorial.

    About Bridgepoint Education

    Bridgepoint Education's postsecondary education services focus on offering associate's, bachelor's, master's and doctoral programs in such disciplines as business, education, psychology, social sciences and health sciences. Bridgepoint Education's regionally accredited academic institutions - Ashford University and University of the Rockies - deliver their programs online as well as at traditional campuses located in Clinton, Iowa, and Colorado Springs, Colorado. For more information about Bridgepoint Education, visit www.bridgepointeducation.com or call Shari Rodriguez, associate vice president of Public Relations at 858.668.2580.

    About Ashford University

    Founded in 1918, Ashford University is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools (www.ncahlc.org). The University offers graduate and undergraduate degree programs online and at its Clinton, Iowa, campus. The University is known for its high quality yet highly affordable online and on-campus programs. For more information, please visit www.ashford.edu or call Shari Rodriguez, associate vice president of Public Relations, at 858.513.9240 x2513.

    Contact: Shari Rodriguez, Associate Vice President of Public Relations

    858.668.2580 * shari.rodriguez@bridgepointeducation.com

    Photo: http://photos.prnewswire.com/prnh/20110217/LA50090
    PRN Photo Desk, photodesk@prnewswire.com Bridgepoint Education Inc.

    CONTACT: Shari Rodriguez, Associate Vice President of Public Relations,
    Bridgepoint Education Inc., +1-858-668-2580,
    shari.rodriguez@bridgepointeducation.com

    Web site: http://www.bridgepointeducation.com/
    http://www.ashford.edu/




    Amerigon Reports 2010 Fourth Quarter, Year-End ResultsRecord Annual Revenues Exceed $110 Million, Record Profit for the Year

    NORTHVILLE, Mich., Feb. 17, 2011 /PRNewswire/ -- Amerigon Incorporated , a leader in developing and marketing products based on advanced thermoelectric (TE) technologies, today announced record annual revenues and profit for the year ended December 31, 2010.

    Product revenues for 2010 were up 84 percent to a record $112.4 million from $60.9 million in 2009. The increase in revenues was primarily driven by a much improved automotive marketplace resulting in higher vehicle production levels on existing vehicles offering the Company's Climate Control Seat(R) (CCS(R)) systems, new model introductions, and the full year effect of the addition of a rear seat option on certain existing vehicles. Modest initial shipments of the Company's TE technology used in a new suite of actively heated and cooled luxury mattresses, which was launched at the end of the third quarter, and the Company's new heated and cooled cup holder, which was launched at the end of the fourth quarter, also contributed to higher product revenue levels. CCS systems include both TE-based heated and cooled systems and heated and ventilated seat systems.

    Amerigon President and Chief Executive Officer Daniel R. Coker said, "During 2010, global automotive production continued the recovery that began in the second half of 2009. Global automotive production in 2010 was up 23 percent year over year and up a respective 39 percent and 19 percent in North America and the Japan/Korea region, which are markets where vehicle production is a primary driver of our revenue. We are very pleased we exceeded the growth rates of the market, which was largely due to the increase in the number of vehicles offering our heated and cooled seat systems. We expect that global automotive production will again increase during 2011, but at a slower rate. With that said, we are optimistic about prospects for continued strong growth in 2011 and beyond."

    Production of light vehicles in North America increased to 11.9 million during 2010 from 8.6 million during 2009. Expanding into new regional markets with the Company's seat systems continues to be a priority, added Coker. To build a stronger presence in Europe, Amerigon opened a technical support office during 2010 in Augsburg, Germany.

    Gross margin as a percentage of revenue for 2010 was 29 percent compared with 26 percent in 2009. The year-over-year increase was primarily attributable to a favorable shift in the mix of products sold, lower raw material costs and higher coverage of fixed cost at the higher volume levels.

    Net income attributable to Amerigon Incorporated for 2010 was a record $10.0 million, or $0.46 per basic share and $0.44 per diluted share, compared with net income attributable to Amerigon Incorporated in 2009 of $723,000, or $0.03 per basic and diluted share.

    The Company recorded an income tax expense of $2.9 million during 2010. This amount included an adjustment to deferred tax asset valuation allowance which lowered income tax expense by $1.4 million. This adjustment reflects a change in the amount of Federal Net Operating Losses that are limited due to a 1999 change in control. During 2009, Amerigon recorded an income tax expense totaling $325,000.

    For the fourth quarter ended December 31, 2010, product revenues increased to $28.9 million, up 34 percent from $21.6 million in the prior year period. Gross margin as a percentage of revenue for the 2010 fourth quarter was 30 percent compared with 29 percent in the fourth quarter of 2009.

    Net income attributable to Amerigon Incorporated for the 2010 fourth quarter was $3.3 million, or $0.15 per basic and diluted share, compared with net income attributable to Amerigon Incorporated in the prior year period of $1.4 million, or $0.07 per basic share and $0.06 per diluted share.

    Amerigon's proprietary heated and cooled cup holder made its debut at the end of 2010 in the 2011 Dodge Charger. The dual cup holder, which provides separate temperature settings in each holder allowing the driver and passenger to individually maintain a heated or cooled beverage, requires low power consumption and incorporates proven automotive grade ruggedness, reliability and drink retention features. The Company anticipates that at least one additional vehicle will adopt this product in 2011.

    The Company entered into the next major market arena outside automotive seating for its TE technology with the September launch by Mattress Firm, Inc., one of the nation's leading specialty mattress retailers with more than 580 locations across 22 states, of a new suite of actively heated and cooled luxury mattresses sold under the YuMe(TM) brand. The mattress, which uses Amerigon's Climate Control Sleep System(TM) technology to actively heat and cool each side of the mattress independently via two wireless remotes, is currently available in retail locations in Austin, Texas, and was successfully unveiled with initial units sold at the State Fair of Texas which took place September 24 through October 17.

    Coker added, "While CCS is currently our only high volume product, we expect the heated and cooled cup holder and heated and cooled mattress will begin to contribute more meaningful product revenues during 2011."

    The Company continues to work towards expanding its TE technology to other major market arenas. The Company's objective is for its unique technology to occupy an important place in the value chain of a new class of solid state energy conversion systems that replace existing electromechanical devices in a number of potentially large market sectors, including other automotive applications, stationary temperature management, aerospace and defense, individual comfort, waste heat harvesting and primary power generation.

    The Company's balance sheet as of December 31, 2010, strengthened with total cash, cash equivalents and short-term investments of $36.3 million, total assets of $79.4 million, no bank debt and shareholders' equity of $57.5 million.

    CCS systems are currently offered as an optional or standard feature on 54 automobile models produced by Ford, General Motors, Toyota, Nissan, Hyundai, Kia and Jaguar/Land Rover. New vehicles equipped with CCS systems and launched during 2010 included the Ford F-250, Ford Explorer, Infiniti QX56, Nissan Patrol, Kia Sonata, Kia Sportage, Kia Optima, Hyundai Tucson and the Hyundai Veracruz.

    Unit shipments of CCS systems for the 2010 fourth quarter and year were 411,000 and 1.6 million, respectively, compared with 309,000 and 874,000 units for the year-earlier periods. As of December 31, 2010, the Company had shipped more than 6.9 million CCS units to customers since 2000.

    The 2010 fourth quarter and full year results include a year-over-year increase in net research and development expenses of $1.3 million and $3.7 million, respectively, primarily due to the advanced TE materials program at the Company's wholly-owned subsidiary, ZT Plus. In March 2010, Amerigon purchased all of its partner's 50 percent interest of ZT Plus and became the 100 percent owner of that operation. The Company's research and development efforts have resulted in the development of new products, such as the heated and cooled mattress and heated and cooled cup holder. The Company is also developing new products, including a cold storage box and an improved CCS system. The costs associated with research and development projects increased during 2010 as several of the projects reached the commercial launch phase of development.

    Selling, general and administrative expenses for the 2010 fourth quarter and full year increased $968,000 and $2.1 million, respectively, due primarily to the opening of a technical support office in Augsburg, Germany, and an increase in the number of sales and marketing employees. The Company increased its resources in order to support increased selling activities in South Korea, Europe and China. During the 2010 fourth quarter, Amerigon recorded a reserve of $607,000 for a patent lawsuit that is ongoing with a competitor, compared with $500,000 in the prior year period.

    Guidance

    The Company expects product revenues in the 2011 first quarter to be up slightly compared with the 2010 fourth quarter, representing a significant increase from the 2010 first quarter product revenues of $24.2 million.

    Conference Call

    As previously announced, Amerigon is conducting a conference call today to be broadcast live over the Internet at 11:30 AM Eastern Time to review these financial results. The dial-in number for the call is 1-877-941-1429. The live webcast and archived replay of the call can be accessed in the Events page of the Investor section of Amerigon's website at www.amerigon.com.

    About Amerigon

    Amerigon (NASDAQ-GS: ARGN) develops products based on its advanced, proprietary, efficient thermoelectric (TE) technologies for a wide range of global markets and heating and cooling applications. The Company's current principal product is its proprietary Climate Control Seat(R) (CCS(R)) system, a solid-state, TE-based system that permits drivers and passengers of vehicles to individually and actively control the heating and cooling of their respective seats to ensure maximum year-round comfort. CCS, which is the only system of its type on the market today, uses no CFCs or other environmentally sensitive coolants. Amerigon maintains sales and technical support centers in Southern California, Southeast Michigan, Japan, Germany, England and Korea. For more information, visit the Company's website at www.amerigon.com.

    Certain matters discussed in this release are forward-looking statements that involve risks and uncertainties, and actual results may be different. Important factors that could cause the Company's actual results to differ materially from its expectations in this release are risks that sales may not significantly increase, additional financing, if necessary, may not be available, new competitors may arise and adverse conditions in the automotive industry may negatively affect its results. The liquidity and trading price of its common stock may be negatively affected by these and other factors. Please also refer to Amerigon's Securities and Exchange Commission filings and reports, including, but not limited to, its Form 10-K for the year ended December 31, 2010.

    Contact: Allen & Caron Inc Jill Bertotti (investors) jill@allencaron.com Len Hall (media) len@allencaron.com (949) 474-4300

    TABLES FOLLOW AMERIGON INCORPORATED CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited)

    Three Months Ended Year Ended December 31, December 31, ------------ ------------ 2010 2009 2010 2009 ---- ---- ---- ---- Product revenues $28,917 $21,598 $112,403 $60,925 Cost of sales 20,330 15,333 79,664 45,166 ------ ------ ------ ------ Gross margin 8,587 6,265 32,739 15,759 Operating expenses: Research and development 2,764 1,824 11,922 8,097 Research and development reimbursements (76) (472) (2,269) (2,103) --- ---- ------ ------ Net research and development expenses 2,688 1,352 9,653 5,994 Selling, general and administrative 3,506 2,538 10,955 8,857 ----- ----- ------ ----- Total operating expenses 6,194 3,890 20,608 14,851 ----- ----- ------ ------ Operating income 2,393 2,375 12,131 908 Interest income (expense) 16 (9) 25 10 Loss from equity investment - (369) (22) (492) Other income 36 53 145 183 --- --- --- --- Earnings before income tax 2,445 2,050 12,279 609 Income tax expense (benefit) (690) 750 2,921 325 ---- --- ----- --- Net income 3,135 1,300 9,358 284 Plus: Loss attributable to non-controlling interest 167 97 592 439 --- --- --- --- Net income attributable to Amerigon Inc. $3,302 $1,397 $9,950 $723 ====== ====== ====== ==== Basic earnings per share $0.15 $0.07 $0.46 $0.03 ===== ===== ===== ===== Diluted earnings per share $0.15 $0.06 $0.44 $0.03 ===== ===== ===== ===== Weighted average number of shares - basic 21,937 21,479 21,717 21,402 ====== ====== ====== ====== Weighted average number of shares - diluted 22,710 22,155 22,496 21,771 ====== ====== ====== ======

    AMERIGON INCORPORATED CONSOLIDATED BALANCE SHEETS (In thousands, except share data)

    December 31, ------------ ASSETS 2010 2009 ---- ---- Current Assets: Cash & cash equivalents $26,584 $21,677 Short-term investments 9,761 6,704 Accounts receivable, less allowance of $545 and $292, respectively 18,940 15,073 Inventory 6,825 2,541 Deferred income tax assets 4,905 927 Prepaid expenses and other assets 1,421 780 ----- --- Total current assets 68,436 47,702 Equity investment - 22 Property and equipment, net 4,197 3,271 Patent costs, net of accumulated amortization of $706 and $490, respectively 4,653 3,727 Deferred income tax assets 1,279 7,133 Other non-current assets 857 527 --- --- Total assets $79,422 $62,382 ======= ======= LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Accounts payable $15,275 $10,222 Accrued liabilities 5,872 3,738 Deferred manufacturing agreement - current portion 50 200 --- --- Total current liabilities 21,197 14,160 Pension benefit obligation 688 377 Deferred manufacturing agreement - long term portion - 50 --- --- Total liabilities 21,885 14,587 Shareholders' equity: Common Stock: No par value; 30,000,000 shares authorized, 22,037,446 and 21,486,309 issued and outstanding at December 31, 2010 and 2009, respectively 65,148 61,971 Paid-in capital 20,128 23,986 Accumulated other comprehensive income 93 59 Accumulated deficit (27,832) (37,782) ------- ------- Total Amerigon Incorporated shareholders' equity 57,537 48,234 Non-controlling interest - (439) --- ---- Total shareholders' equity 57,537 47,795 ------ ------ Total liabilities and shareholders' equity $79,422 $62,382 ======= =======

    AMERIGON INCORPORATED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands)

    Year Ended December 31, -------------------- 2010 2009 ---- ---- Operating Activities: Net income $9,358 $284 Adjustments to reconcile net income to cash provided by operating activities: Depreciation and amortization 1,368 1,438 Deferred income tax expense 1,875 261 Stock option compensation 1,275 1,270 Provision for doubtful accounts 253 (26) Defined benefit plan expense 251 211 Loss from equity investment 22 492 Changes in operating assets and liabilities: Accounts receivable (4,615) (6,754) Inventory (4,285) 100 Prepaid expenses and other assets (255) (392) Accounts payable 5,053 6,349 Accrued liabilities 2,094 1,020 ----- ----- Net cash provided by operating activities 12,394 4,253 Investing Activities: Purchases of short-term investments (11,612) (6,704) Sales and maturities of short-term investments 8,555 - Purchase of non-controlling interest (3,380) - Purchase of ZT Plus assets, net of cash acquired (1,500) - Equity investment - (111) Cash invested in corporate owned life insurance (266) (328) Purchase of property and equipment (957) (744) Patent costs (861) (830) ---- ---- Net cash used in investing activities (10,021) (8,717) Financing Activities: Cash used to repurchase common stock - - Cash paid for financing costs - (9) Proceeds from sale of common stock, net of cash expenses 2,438 861 ----- --- Net cash provided by financing activities 2,438 852 ----- --- Foreign currency effect on cash and cash equivalents 96 (14) Net (decrease) increase in cash and cash equivalents 4,907 (3,626) Cash and cash equivalents at beginning of period 21,677 25,303 ------ ------ Cash and cash equivalents at end of period $26,584 $21,677 ======= ======= Supplemental disclosure of cash flow information: Cash paid for interest $52 $46 === === Cash paid for taxes $182 $321 ==== ==== Supplemental disclosure of non-cash transactions: Common stock issued to employees and consultants $17 $379 === ==== Contribution to equity investment $- $404 === ====

    Amerigon Incorporated

    CONTACT: investors, Jill Bertotti, jill@allencaron.com, or media, Len
    Hall, len@allencaron.com, both of Allen & Caron Inc, +1-949-474-4300, for
    Amerigon Incorporated

    Web site: http://www.amerigon.com/




    Turkcell Leverages Microsoft Tag Technology in New Mobile Marketing Solution- Turkcell's MobilKod offers value-added services for marketers that want to connect consumers to brand experiences in the online world.

    REDMOND, Washington, February 17, 2011 /PRNewswire/ -- Turkish mobile operator Turkcell and Microsoft Tag today announced a new mobile marketing service called MobilKod, built by Turkcell and leveraging Microsoft Tag's mobile tagging technology. With this launch, Turkcell becomes the first mobile operator to extend the value of Microsoft Tag to provide an innovative campaign management service for marketers and advertisers. MobilKod provides a mobile marketing platform for brands and advertisers to reach millions of mobile subscribers in Turkey and beyond.

    (Logo: http://photos.prnewswire.com/prnh/20000822/MSFTLOGO)

    The MobilKod service (http://www.mobilkod.com.tr) offers a free service that allows marketers to create Tags. These 2-D bar codes can be placed on objects and in printed materials, and, when scanned with the free mobile application (available at http://gettag.mobi/tr), they unlock an interactive mobile experience provided by the brand or advertiser, such as a video, photo slideshow or mobile website. With MobilKod, marketers can create and measure the effectiveness of campaigns that use Tags to create holistic brand experiences by connecting their products and materials in the physical world to information and interactive content in the digital world.

    "As an established innovator in mobile marketing, our mission is to integrate mobile channels into the marketing mix for 360-degree marketing, as well as create additional revenues and expand mobile marketing through interactive experiences and advertising applications," said Sureyya Ciliv, CEO of Turkcell. "In order to do that, we aim to transform mobile media into a highly responsive, measurable and interactive channel. Enterprises can use this channel to reach existing and potential customers while measuring the rate of return from their investments via detailed reports and analyses."

    Turkcell is investing in innovative services and products, such as location-based services, augmented reality solutions, display advertising, conceptual branded ad packages, mobile TV advertising, and video advertising for companies and brands. MobilKod is a new service to expand this product portfolio and provides the critical ability for brands to create and measure interactive campaigns that connect their products and services to convenient, on-the-go experiences for consumers.

    The MobilKod Tag Reader (http://www.mobilkod.com.tr) is available in Turkey and is available for free on all supported devices, including Android, iPhone, BlackBerry, J2ME, Symbian and Windows Mobile devices by visiting http://gettag.mobi/tr.

    "We're excited to have Turkcell as our first mobile operator partner to extend the Microsoft Tag platform and offer additional value to brands and marketing partners," said Brian Fleisher, senior director, product management and business development for Microsoft Tag at Microsoft Corp. "Microsoft Tag offers a flexible mobile marketing solution, and, combined with the innovation and reach Turkcell provides, marketers have a powerful new channel for reaching their customers when and where they're most interested."

    More information about MobilKod can be found at http://www.mobilkod.com.tr.

    About Turkcell

    Turkcell is the leading communications and technology company in Turkey with 33.9 million postpaid and prepaid customers and a market share of approximately 55% as of September 30, 2010 (Source: Our estimations, operator's and the Telecommunication Authority's announcements). Turkcell provides high quality data and voice services to approximately 80% of the Turkish population through its 3G technology supported network and to 99.07% of the Turkish population through its 2G technology supported network. Turkcell reported TRY2.3 billion ($1.5 billion) net revenue for the period ended September 30, 2010 and its total assets reached TRY14.5 billion ($10.0 billion) as of September 30, 2010. Turkcell has become one of the first operators among the global operators to have implemented HSDPA+ and to reach to 42.2 Mbps speed with HSPA multi carrier solution. Turkcell is a leading regional player and has interests in international mobile operations in Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, Northern Cyprus and Ukraine which, together with its Turkish operations, had approximately 60.4 million subscribers as of September 30, 2010. Turkcell has been listed on the NYSE and the ISE since July 2000 and is the only NYSE listed company in Turkey and is among the top 15% of companies listed on NYSE by its size as of October 2010. 51.00% of Turkcell's share capital is held by Turkcell Holding, 0.05% by Cukurova Holding, 13.07% by Sonera Holding, 1.18% by M.V. Group and 0.01% by others while the remaining 34.69% is free float. Read more at http://www.turkcell.com.tr/en.

    About Microsoft

    Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

    Microsoft Corp.

    CONTACT: Kathryn McEwan of Edelman, U.S., +1-206-268-2281,
    kathryn.mcewan@edelman.com, for Microsoft; or Burak Mergen of Bersay,
    Turkey, +90-(212)-337-51-86, burak.mergen@bersay.com.tr, for Microsoft; or
    Nihat Narin, Investor and International Media Relations for Turkcell,
    +90-212-313-1244, nihat.narin@turkcell.com.tr; NOTE TO EDITORS: For more
    information, news and perspectives from Microsoft, please visit the
    Microsoft News Center at http://www.microsoft.com/news. Web links,
    telephone numbers and titles were correct at time of publication, but may
    have changed. For additional assistance, journalists and analysts may
    contact Microsoft's Rapid Response Team or other appropriate contacts
    listed at http://www.microsoft.com/news/contactpr.mspx.




    City Trading - the Spread Betting Mobile App from City Index

    LONDON, February 17, 2011 /PRNewswire/ -- Spread betting provider City Index (http://www.cityindex.co.uk/) launched City Trading(TM), its mobile spread betting and CFD trading app for iPhone(TM), in 2009. Since then, a growing number of spread bettors have been trying mobile spread betting for themselves.

    City Index Market Strategist Joshua Raymond commented: "I think mobile dealing is fantastic. It allows you to keep abreast of the markets wherever you are, whenever you want. With many markets available to trade 24 hours a day, and especially since the markets have been volatile recently, it is imperative that you can react with just a few clicks of a button. For me, the future of spread betting is mobile dealing."

    In order to keep up with the demand for mobile spread betting (http://www.cityindex.co.uk/spread-betting/), and the growing market of smart phone users, City Index re-launched City Trading(TM) across a number of other platforms, including Android, Blackberry, Windows and Java. Uses appear to have developed a real hunger for mobile spread betting and the reviews accompanying the app speak for themselves:

    - "Finally City Index is on Android." - "Fast, comprehensive and well designed spread betting app. Have been waiting a while for City Index to develop this and not disappointed." - "Brilliant."

    To learn more about the City Index mobile trading platform, visit

    http://www.cityindex.co.uk/trading-platform/mobile-trading-platform.aspx

    Spread betting and CFD trading are leveraged products which can result in losses greater than your initial deposit. Ensure you fully understand the risks.

    Apple, the Apple logo, iPod, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc.

    About City Index:

    Today more and more individual traders are discovering the benefits of derivatives, and many of them are discovering them through a City Index trading platform.

    As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide. We provide access to a wide range of instruments including margined foreign exchange, contracts for differences (CFDs) and, in the UK, spread betting.

    We constantly look to widen the range of assets we offer, improve the performance of our platforms and expand the range of services we provide. The result is that our customers benefit from innovative trading tools with transparent pricing, competitive spreads, and a high standard of customer service and support.

    City Index

    CONTACT: Contact: Joshua Raymond, City Index Group,
    http://www.cityindex.co.uk/,
    Tel: +44(0)20-7107-7002, Email: joshua.raymond[at]cityindex.co.uk
    Jonathan Smith / Alex Nekrassov, New Century Media, Tel:
    +44(0)20-7930-8033,
    Email: jsmith[at]newcenturymedia.co.uk /
    alexnekrassov[at]newcenturymedia.co.uk




    Motorola Mobility Announces Retail Agreements in Europe for Motorola XOOM(TM)

    BARCELONA, Spain, Feb. 17, 2011 /PRNewswire/ -- Mobile World Congress 2011 -- Motorola Mobility Holdings, Inc. today announced The Carphone Warehouse, Best Buy and Dixons Retail Plc. (Currys and PC World) in the U.K. as well as Deutsche Telekom A.G. in selected markets will be introducing Motorola XOOM(TM). Motorola XOOM runs on Google's Android(TM) 3.0 Honeycomb - the Android operating system designed specifically for tablets. The tablet is being demonstrated at Mobile World Congress at the Motorola booth in Hall 8, Booth No. 8A51.

    The Carphone Warehouse and Best Buy will launch with Motorola XOOM (3G/Wi-Fi), and Currys and PC World will launch with Motorola XOOM Wi-Fi in Q2 2011. Deutsche Telekom A.G. will introduce Motorola XOOM in selected markets. Motorola Mobility announced the introduction of Motorola XOOM in Europe on the first day of Mobile World Congress.

    "We're excited to be bringing a device as powerful as Motorola XOOM to leading carriers and partners in the U.K.," said Andrew Morley, vice president of marketing for Motorola Mobility, international markets. "Today's announcement is testament to how well Motorola XOOM has been received by consumers and carriers alike."

    "2011 will be the year of the tablet," said Graham Stapleton, chief commercial officer at The Carphone Warehouse and Best Buy. "Demand for tablets has already been greater than expected and the next 12 months will see them being adopted by more and more people as new products are unveiled. The Motorola XOOM sets the bar incredibly high - its functionality and ground-breaking features mean it offers one of the richest user experiences I've ever seen."

    Commenting on the announcement, Jeremy Fennell, category director at Dixons Retail said: "The tablet market is taking off in a big way. As the leading retailer in this market, we are delighted to be at the forefront again with Motorola and pleased to be able to offer XOOM Wi-Fi to our customers."

    "Motorola XOOM is the first tablet to offer Android 3.0, which has been specifically developed for tablets and brings a whole new computing experience. We are sure the XOOM will delight our customers - enabling them to enjoy benefits such as Internet, gaming, keeping in touch via email and video chat, and the ability to download all the apps that Android tablets provide," Fennell said.

    Motorola XOOM Features

    Motorola XOOM delivers a new type of mobile computing experience, including: a widescreen HD display with 1280x800 resolution to support HD video and with HDMI out; a 5-megapixel rear-facing camera for 720p video capture and 2-megapixel front-facing camera for video chats; and a built-in gyroscope, barometer, e-compass, accelerometer and adaptive lighting.

    A dual-core processor with each core running at 1GHz offers an optimal experience for Android 3.0 Honeycomb. The Honeycomb user experience improves on Android favorites such as widgets, multi-tasking, browsing, notifications and customization, and also features the latest Google Mobile innovations such as Google Maps 5.0 with 3D interaction. Video, games and other rich web content play seamlessly with Adobe(R) Flash(R) Player. And with support for Adobe AIR(R) applications, XOOM users will be first to experience Adobe Content Viewer on Android with its rich and interactive digital magazines and branded publications.

    Motorola is also working to jump start the ecosystem expansion that will result from the launch of Motorola XOOM with a new version of the Android operating system. Motorola has been collaborating closely with innovative application partners across a variety of categories, including gaming, entertainment, and business productivity, to optimize their applications for this new category of mobile computing devices.

    Motorola XOOM has a 10.1-inch (25.65 cm) widescreen HD display, supports up to 10 hours of video playback, and charges in half the time of competitive tablets on the market.

    Please visit the Motorola MWC 2011 Press Kit for additional information, including product fact sheets and images: www.motorola.com/mediacenter/mwc2011.

    About Motorola Mobility

    Motorola Mobility, Inc. fuses innovative technology with human insights to create experiences that simplify, connect and enrich people's lives. Our portfolio includes converged mobile devices such as smartphones and tablets; wireless accessories; end-to-end video and data delivery; and management solutions, including set-tops and data-access devices. For more information, visit motorola.com/mobility.

    Media Contact: Stephanie Forrest Motorola Mobility, Inc. +44 (0)7739 884452 stephanie.forrest@motorola.com

    Certain features, services and applications are network dependent and may not be available in all areas; additional terms, conditions and/or charges may apply. Contact your service provider for details. All features, functionality and other product specifications are subject to change without notice or obligation.

    MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC. All other trademarks are the property of their respective owners. (C) 2011 Motorola Mobility, Inc. All rights reserved.

    Photo: http://photos.prnewswire.com/prnh/20020307/MOTLOGO
    PRN Photo Desk, photodesk@prnewswire.com Motorola Mobility Holdings, Inc.

    CONTACT: Stephanie Forrest of Motorola Mobility, Inc., +44 (0)7739 884452,
    stephanie.forrest@motorola.com

    Web site: http://www.motorola.com/us/




    Youku CEO Victor Koo to Present at Goldman Sachs Global Macro Conference

    BEIJING, Feb. 17, 2011 /PRNewswire-Asia/ -- Victor Koo, Founder and Chief Executive Officer of Youku.com Inc. , will be one of the keynote presenters at the Goldman Sachs Global Macro Conference in Hong Kong. Mr. Koo's presentation on the topic of "Asia's Growth from an Entrepreneur's Perspective" is scheduled for 2:25 p.m. on Wednesday, February 23, at the Four Seasons Hong Kong.

    About Youku

    Youku.com Inc. is China's leading Internet television company. Our Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices. Youku, which stands for "what's best and what's cool" in Chinese, is the most recognized online video brand in China. Youku's American depositary shares, each representing 18 of our Class A ordinary shares, are traded on NYSE under the symbol "YOKU". For more information, please visit www.youku.com.

    For more information, please contact: Ryan Cheung Corporate Finance Director Youku.com Inc. Tel: (+8610) 5885-1881 x6090 Email: ryan.cheung@youku.com or Caroline Straathof IR Inside Tel: (+31) 6-54624301 Email: caroline.straathof@irinside.com Or Jean Shao Sr. Manager of International Communications Youku.com Inc. Tel: +(8610) 5885-1881 x7128 Email: shaodan@youku.com

    Youku.com Inc.

    CONTACT: Ryan Cheung, Corporate Finance Director, Youku.com Inc. at
    +86-10-5885-1881 x6090 or ryan.cheung@youku.com; Caroline Straathof, IR
    Inside at +31-6-54624301 or caroline.straathof@irinside.com; Jean Shao, Sr.
    Manager of International Communications, Youku.com Inc. at +86-10-5885-1881
    x7128 or shaodan@youku.com

    Web site: http://www.youku.com/




    China Digital TV to Announce Fourth Quarter and Full Year 2010 Financial Results on March 1, 2011

    BEIJING, Feb. 17, 2011 /PRNewswire-Asia/ -- China Digital TV Holding Co. Ltd. ("China Digital TV" or "the Company"), the leading provider of conditional access ("CA") systems to China's expanding digital television market, today announced it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010, after the U.S. market closes on Tuesday, March 1, 2011. China Digital TV's management will host an earnings conference call at 7:00 p.m. on Tuesday, March 1, 2011 U.S. Eastern Time (8:00 a.m. on March 2, 2011 Beijing/Hong Kong Time).

    Conference Call Dial-in Information

    United States Toll Free: +1-866-510-0704 International: +1-617-597-5362 Hong Kong: +852-3002-1672 China Toll Free: +10-800-130-0399 Passcode: China Digital TV Earnings Call

    A replay of the call will be available for 1 week between 10:00 p.m. on March 1, 2011 and 10:00 p.m. on March 8, 2011 U. S. Eastern Time.

    Replay Dial-in Information

    United States: +1-888-286-8010 International: +1-617-801-6888 Passcode: 60756325

    Additionally, a live and archived webcast of this call will be available on the Investor Relations section of China Digital TV's corporate website at http://ir.chinadtv.cn

    About China Digital TV

    Founded in 2004, China Digital TV is the leading provider of CA systems to China's expanding digital television market. CA systems enable television network operators to manage the delivery of customized content and services to their subscribers. China Digital TV conducts substantially all of its business through its PRC subsidiary, Beijing Super TV Co. Ltd., and its affiliate, Beijing Novel-Super Digital TV Technology Co. Ltd., as well as subsidiaries of its affiliate.

    For more information please visit the Investor Relations section of China Digital TV's website at http://ir.chinadtv.cn .

    Investor Contact: Eric Yuan Senior Manager of Investor Relations Tel: + 86-10-8279-0021 Email: ir@chinadtv.cn Cynthia He Brunswick Group Tel: +86-10-5960-8605 Email: che@brunswickgroup.com

    China Digital TV Holding Co., Ltd.

    CONTACT: Eric Yuan, Senior Manager, Investor Relations of China Digital
    TV, +86-10-8279-0021, or ir@chinadtv.cn; or Cynthia He of Brunswick Group,
    +86-10-5960-8605, or che@brunswickgroup.com

    Web site: http://ir.chinadtv.cn/




    Banco Caminos Chooses Magic Software's Integration Platform to Unify its IT Systems

    OR YEHUDA, Israel, Feb. 17, 2011 - Magic Software Enterprises Ltd. , a global provider of cloud and on-premise enabled application platforms and business integration solutions, today announced that Banco Caminos, a well-known private Spanish bank, chose Magic Software's iBOLT to integrate its IT systems.

    Banco Caminos uses Magic Software's uniPaaS to develop all of its core business and internet banking applications. Now, the bank chose to implement iBOLT, Magic Software's integration solution, to integrate and unify its heterogeneous IT applications thereby optimizing and simplifying all the external and internal business processes.

    Vicent Escorihuela Ferrer, CIO at Banco Caminos, explains, "Magic Software solutions, both the uniPaaS application platform and iBOLT integration suite, help us to quickly and easily adapt ourselves to the constantly evolving banking regulations, facilitating for instance the implementing of new norms. This allows us to be highly competitive and capable of proposing tailor-made services to our customers. And at the same time, we're able to strictly monitor the risks."

    "We are very pleased with Banco Caminos's choice to add iBOLT to its arsenal of Magic Software products and appreciate the company's ongoing trust in our technology. Magic Software's technology will provide Banco Caminos with the latest capabilities in application development, deployment and integration, including the ability to build rich internet and cloud-based applications, and integrate these with other solutions without extensive coding," said Guy Bernstein, acting Chief Executive Officer of Magic Software.

    About Banco Caminos

    Based in Madrid (headquarters) and in Barcelona, Banco Caminos is an international private bank that initially targeted civil engineers. The bank offers its customers a broad range of banking, investment products and services, through the different companies that compose the Banco Caminos Group: GESTIFONSA SA, SGIIC (investment fund management company), Gefonsa Sociedad de Valores, SA (stockbroker) and Gespension Internacional, SA, EGFP (pension fund management company).

    About Magic Software

    Magic Software Enterprises Ltd. is a global provider of cloud and on-premise application platform and business integration solutions. For more information, visit www.magicsoftware.com.

    Except for the historical information contained herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based upon a number of factors including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product conditions, both here and abroad, release and sales of new products by strategic resellers and customers, the integration of the newly acquired IT services assets and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.

    Magic is the trademark of Magic Software Enterprises Ltd. All other trademarks are the trademarks of their respective owners.

    Press contacts:

    Francoise Fouquet - Symphony Tania Amar - Magic Software Communication +972-(0)3-5389 300 +33 (0)1 30 64 14 20 tania@magicsoftware.com ffouquet@symphony-communication.fr

    Magic Software Enterprises Ltd




    Autonomy Strengthens Market-Leading Position With Top Law Firms in Continental EuropeLeading European Law Firms Standardize on Autonomy

    CAMBRIDGE, England and SAN FRANCISCO, Feb. 17, 2011 /PRNewswire/ -- Autonomy Corporation plc , a global leader in infrastructure software for the enterprise, today announced that it continues to extend legal technology market leadership with customer wins with several leading law firms in continental Europe. These include firms such as Wolf Theiss in Austria, Bonelli Erede Pappalardo in Italy, Kammeradvokaten in Denmark, Niederer Kraft & Frey in Switzerland, P+P Pollath in Germany, and Hekkelman Advocaten & Notarissen in the Netherlands.

    Autonomy iManage is the undisputed leader in the legal and professional services markets, with 75% of the 20 largest law firms in continental Europe. An increasing number of firms are standardizing on Autonomy iManage WorkSite due to its unique conceptual capabilities, ease-of-use, and the ability to provide a comprehensive set of document management tools on one common platform. Based on Autonomy's Meaning Based Computing technology, the Intelligent Data Operating Layer (IDOL), iManage WorkSite provides law firms with a shared environment for storing business content, allowing them to collaborate easily across geographical boundaries, deliver genuine ROI and improve their service to clients.

    Autonomy enjoys an extensive customer base across continental Europe, deploying its award-winning solutions to some of the most prestigious law firms across the continent, including Garrigues, Gide Loyrette Nouel, De Brauw Blackstone Westbroek, Mannheimer Swartling, Bech-Bruun, Eubelius, Vieira de Almeida, Noerr Stiefenhofer Lutz, Lenz & Staehelin and Roschier.

    Today, law firms are faced with an ever-increasing pressure to simultaneously improve client service while taking care of the bottom line, by effectively handling the growing volume of critical, matter-centric electronic information. Autonomy iManage addresses this challenge by delivering a comprehensive and automated approach to organizing, finding and governing information within the law firm. The flagship solution offers unmatched reliability in legal information management through its meaning-based capabilities, performance, security, scalability, and format and language agnosticism, all delivered within easy-to-use interfaces that mirror the way lawyers work.

    "The recent surge in top European law firms standardizing on Autonomy iManage has further cemented Autonomy's position as the de facto technology partner in the legal sector globally," said Glenn Perachio, VP Autonomy Protect solutions EMEA. "Through extensive experience, an understanding of local legal markets and advanced meaning-based computing capabilities, Autonomy is pleased to be able to offer the best value proposition to any law firm looking to boost employee productivity, improve its client experience and mitigate risk."

    Please visit www.autonomy.com/imanage to find out more.

    About Autonomy

    Autonomy Corporation plc , a global leader in infrastructure software for the enterprise, spearheads the Meaning Based Computing movement. IDC recently recognized Autonomy as having the largest market share and fastest growth in the worldwide search and discovery market. Autonomy's technology allows computers to harness the full richness of human information, forming a conceptual and contextual understanding of any piece of electronic data, including unstructured information, such as text, email, web pages, voice, or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content management, web optimization, rich media management and video and audio analysis.

    Autonomy's customer base is comprised of more than 20,000 global companies, law firms and federal agencies including: AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Deutsche Bank, DLA Piper, Ericsson, FedEx, Ford, GlaxoSmithKline, Lloyds Banking Group, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, Tesco, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. More than 400 companies OEM Autonomy technology, including Symantec, Citrix, HP, Novell, Oracle, Sybase and TIBCO. The company has offices worldwide. Please visit www.autonomy.com to find out more.

    Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.

    Autonomy Editorial Contacts:

    Maria Chotreva Louise Kehoe Autonomy (UK) Ogilvy PR (US) +44 207 1045745 +1 415 677 2739 maria.chotreva@autonomy.com louise.kehoe@ogilvypr.com Edward Bridges David Vindel Financial Dynamics (UK) The Red Consultancy (UK) +44 207 831 3113 + 44 207 025 6529 edward.bridges@fd.com david.vindel@redconsultancy.com

    Autonomy Corporation plc

    CONTACT: Maria Chotreva of Autonomy (UK), +44 207 1045745,
    maria.chotreva@autonomy.com; or Louise Kehoe of Ogilvy PR (US) for Autonomy
    Corporation plc, +1-415-677-2739, louise.kehoe@ogilvypr.com; or Edward
    Bridges of Financial Dynamics (UK) for Autonomy Corporation plc, +44 207
    831 3113, edward.bridges@fd.com; or David Vindel of The Red Consultancy
    (UK) for Autonomy Corporation plc, + 44 207 025 6529,
    david.vindel@redconsultancy.com

    Web site: http://www.autonomy.com/




    Shanda Games to Report Fourth Quarter and Full Year 2010 Financial Results on March 2, 2011 (Beijing/Hong Kong Time)-Earnings Conference Call to be Held on Wednesday, March 2, 2011 at 9:00 am (Beijing/Hong Kong Time) /Tuesday, March 1, 2011 at 8:00 pm (Eastern Time)

    SHANGHAI, Feb. 17, 2011 /PRNewswire-Asia-FirstCall/ -- Shanda Games Limited ("Shanda Games") , a leading online game developer, operator and publisher in China, will announce its unaudited financial results for the fourth quarter and full year 2010 ended December 31, 2010 on Wednesday, March 2, 2011 Beijing/Hong Kong time.

    The earnings release will be available on Shanda Games' investor relations website at http://ir.shandagames.com/.

    Shanda Games' management team will host a conference call on Wednesday, March 2, 2011 at 9:00 am (Beijing/Hong Kong time) / Tuesday, March 1, 2011 at 8:00 pm (Eastern Time) to present an overview of the Company's financial performance and business operations.

    Dial-in Numbers: U.S. Toll Free: +1-800-706-7745 Mainland China Netcom Toll Free: 10800-852-1490 Mainland China Telecom Toll Free: 10800-152-1490 Hong Kong Toll Free: 800-963-844 U.K. Toll Free: 0808-234-7616 International Toll: +1-617-614-3472 Passcode: 60034673 A replay of the conference call will be available from 12:00 pm (Beijing/Hong Kong time) on March 2, 2011 for 7 days. U.S. Toll Free: +1-888-286-8010 International Toll: +1-617-801-6888 Passcode: 71744900

    A live and archived webcast of the conference call will also be available on Shanda Games' investor relations website at http://ir.shandagames.com/.

    About Shanda Games

    Shanda Games Limited is a leading online game developer, operator and publisher in China. Shanda Games offers a diversified game portfolio, which includes some of the most popular massively multiplayer online role-playing games (MMORPGs) and advanced casual games in China, targeting a large and diverse community of users. Shanda Games manages and operates online games that are developed in-house, co-developed with world-leading game developers, acquired through investments or licensed from third parties. For more information about Shanda Games, please visit http://www.ShandaGames.com.

    Contact Ellen Chiu, Investor Relations Director Maggie Zhou, Investor Relations Manager Shanda Games Limited Phone: +86-21-5050-4740 (Shanghai) Email: IR@ShandaGames.com Savoy Lee, Director (China) Taylor Rafferty Phone: +852-2167-2005 Email: savoy.lee@taylor-rafferty.com Alan Oshiki, Managing Director (U.S.A.) Taylor Rafferty Phone: +1-212-232-2354 Email: alan.oshiki@taylor-rafferty.com

    Shanda Games Limited

    CONTACT: Ellen Chiu, Investor Relations Director, Maggie Zhou, Investor
    Relations Manager, Shanda Games Limited at +86-21-5050-4740 or
    IR@ShandaGames.com; Savoy Lee, Director (China), Taylor Rafferty at
    +852-2167-2005 or savoy.lee@taylor-rafferty.com; Alan Oshiki, Managing
    Director (U.S.A.), Taylor Rafferty at +1-212-232-2354 or
    alan.oshiki@taylor-rafferty.com

    Web site: http://ir.shandagames.com/
    http://www.ShandaGames.com/




    Shanda to Report Fourth Quarter and Full Year 2010 Financial Results on March 2, 2011 (Beijing/Hong Kong Time)Earnings Conference Call to be Held on Wednesday, March 2, 2011 at 10:30 am (Beijing/Hong Kong Time) / Tuesday, March 1, 2011 at 9:30 pm (Eastern Time)

    SHANGHAI, Feb. 17, 2011 /PRNewswire-Asia/ -- Shanda Interactive Entertainment Limited , or Shanda, a leading interactive entertainment media company in China, will announce its unaudited financial results for the fourth quarter and full year 2010 ended December 31, 2010 on Wednesday, March 2, 2011 Beijing/Hong Kong time.

    The earnings release will be available on Shanda's corporate website at http://www.snda.com.

    Shanda's management team will host a conference call on Wednesday, March 2, 2011 at 10:30 am (Beijing/Hong Kong time) / Tuesday, March 1, 2011 at 9:30 pm (Eastern Time) to present an overview of the company's financial performance and business operations.

    Dial-in Numbers: U.S.: +1-800-706-7748 International: +1-617-614-3473 Passcode: 38403724

    A replay will be available from 1:30 pm (Beijing/Hong Kong time) on March 2, 2011 for 7 days.

    U.S.: +1-888-286-8010 International: +1-617-801-6888 Passcode: 20887929

    A live and archived webcast of the conference call will also be available on Shanda's website at http://www.snda.com.

    Shanda is in its quiet period until the results announcement on March 2, 2011 (Beijing/Hong Kong time). During the quiet period, Shanda will not be able to comment concerning the industry outlook, Shanda's business performance and financial results.

    About Shanda Interactive Entertainment Limited

    Shanda Interactive Entertainment Limited ("Shanda") is a leading interactive entertainment media company in China, offering a broad array of online entertainment content on an integrated service platform to a large and diverse user base. Shanda offers its high quality entertainment content through its subsidiaries and affiliates, including Shanda Games, Shanda Literature, Ku6 Media, and various other online community and business units. The broad variety of content ranges from massively multi-player online role-playing games (MMORPGs) and advanced casual games, to chess and board games, e-sports, literature, film, television, music, and video etc. By providing a centralized platform through which Shanda can deliver its own content as well as third-party content, Shanda allows its users to interact with thousands of other users while enjoying some of the best entertainment content available in China today. Shanda: "Interaction enriches your life". For more information about Shanda, please visit http://www.snda.com.

    Contact Shanda Interactive Entertainment Limited Dahlia Wei, IR Associate Director Elyse Liao, IR Senior Manager Phone: +86-21-6058-8688 (Shanghai) Email: IR@snda.com Christensen China Christian Arnell Phone: +86-10-5826-4939 Email: carnell@christensenir.com United States Linda Bergkamp Phone: +1-480-614-3004 Email: lbergkamp@ChristensenIR.com

    Shanda Interactive Entertainment Limited

    CONTACT: At Shanda Interactive Entertainment Limited -- Dahlia Wei, IR
    Associate Director or Elyse Liao, IR Senior Manager, +86-21-6058-8688
    (Shanghai), or IR@snda.com; or at Christensen, China, Christian Arnell,
    +86-10-5826-4939, or carnell@christensenir.com, or United States, Linda
    Bergkamp, +1-480-614-3004, or lbergkamp@ChristensenIR.com

    Web site: http://www.snda.com/




    Autonomy Strengthens Market-Leading Position With Top Law Firms in Continental Europe- Leading European Law Firms Standardize on Autonomy

    CAMBRIDGE, England and SAN FRANCISCO, February 17, 2011 /PRNewswire/ -- Autonomy Corporation plc , a global leader in infrastructure software for the enterprise, today announced that it continues to extend legal technology market leadership with customer wins with several leading law firms in continental Europe. These include firms such as Wolf Theiss in Austria, Bonelli Erede Pappalardo in Italy, Kammeradvokaten in Denmark, Niederer Kraft & Frey in Switzerland, P+P Pollath in Germany, and Hekkelman Advocaten & Notarissen in the Netherlands.

    Autonomy iManage is the undisputed leader in the legal and professional services markets, with 75% of the 20 largest law firms in continental Europe. An increasing number of firms are standardizing on Autonomy iManage WorkSite due to its unique conceptual capabilities, ease-of-use, and the ability to provide a comprehensive set of document management tools on one common platform. Based on Autonomy's Meaning Based Computing technology, the Intelligent Data Operating Layer (IDOL), iManage WorkSite provides law firms with a shared environment for storing business content, allowing them to collaborate easily across geographical boundaries, deliver genuine ROI and improve their service to clients.

    Autonomy enjoys an extensive customer base across continental Europe, deploying its award-winning solutions to some of the most prestigious law firms across the continent, including Garrigues, Gide Loyrette Nouel, De Brauw Blackstone Westbroek, Mannheimer Swartling, Bech-Bruun, Eubelius, Vieira de Almeida, Noerr Stiefenhofer Lutz, Lenz & Staehelin and Roschier.

    Today, law firms are faced with an ever-increasing pressure to simultaneously improve client service while taking care of the bottom line, by effectively handling the growing volume of critical, matter-centric electronic information. Autonomy iManage addresses this challenge by delivering a comprehensive and automated approach to organizing, finding and governing information within the law firm. The flagship solution offers unmatched reliability in legal information management through its meaning-based capabilities, performance, security, scalability, and format and language agnosticism, all delivered within easy-to-use interfaces that mirror the way lawyers work.

    "The recent surge in top European law firms standardizing on Autonomy iManage has further cemented Autonomy's position as the de facto technology partner in the legal sector globally," said Glenn Perachio, VP Autonomy Protect solutions EMEA. "Through extensive experience, an understanding of local legal markets and advanced meaning-based computing capabilities, Autonomy is pleased to be able to offer the best value proposition to any law firm looking to boost employee productivity, improve its client experience and mitigate risk."

    Please visit http://www.autonomy.com/imanage to find out more.

    About Autonomy

    Autonomy Corporation plc , a global leader in infrastructure software for the enterprise, spearheads the Meaning Based Computing movement. IDC recently recognized Autonomy as having the largest market share and fastest growth in the worldwide search and discovery market. Autonomy's technology allows computers to harness the full richness of human information, forming a conceptual and contextual understanding of any piece of electronic data, including unstructured information, such as text, email, web pages, voice, or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content management, web optimization, rich media management and video and audio analysis.

    Autonomy's customer base is comprised of more than 20,000 global companies, law firms and federal agencies including: AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Deutsche Bank, DLA Piper, Ericsson, FedEx, Ford, GlaxoSmithKline, Lloyds Banking Group, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, Tesco, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. More than 400 companies OEM Autonomy technology, including Symantec, Citrix, HP, Novell, Oracle, Sybase and TIBCO. The company has offices worldwide. Please visit www.autonomy.com to find out more.

    Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.

    Autonomy Editorial Contacts:

    Maria Chotreva Louise Kehoe Autonomy (UK) Ogilvy PR (US) +44-207-1045745 +1-415-677-2739 maria.chotreva@autonomy.com louise.kehoe@ogilvypr.com Edward Bridges David Vindel Financial Dynamics (UK) The Red Consultancy (UK) +44-207-831-3113 +44-207-025-6529 edward.bridges@fd.com david.vindel@redconsultancy.com

    Autonomy Corporation plc

    CONTACT: Maria Chotreva of Autonomy (UK), +44-207-1045745,
    maria.chotreva@autonomy.com; or Louise Kehoe of Ogilvy PR (US) for Autonomy
    Corporation plc, +1-415-677-2739, louise.kehoe@ogilvypr.com; or Edward
    Bridges of Financial Dynamics (UK) for Autonomy Corporation plc,
    +44-207-831-3113, edward.bridges@fd.com; or David Vindel of The Red
    Consultancy (UK) for Autonomy Corporation plc, +44-207-025-6529,
    david.vindel@redconsultancy.com




    VASCO Reports Results for Fourth Quarter and Full Year 2010Revenue for the fourth quarter and full year 2010 was $33.0 million and $108.0 million, respectively, an increase of 3% compared to the fourth quarter 2009 and an increase of 6% compared to full year 2009. Operating income for the fourth quarter and full year 2010 was $7.6 million and $12.4 million, respectively, an increase of 64% compared to the fourth quarter 2009 and a decrease of 2% compared to full year 2009. Strong revenue growth expected for 2011. Financial results for the periods ended December 31, 2010 and guidance for full year 2011 to be discussed on conference call today at 10:00 a.m. E.S.T.

    OAKBROOK TERRACE, Ill. and ZURICH, Feb. 17, 2011 /PRNewswire/ -- VASCO Data Security International, Inc. (www.vasco.com), today reported financial results for the fourth quarter and full year ended December 31, 2010.

    Revenue for the fourth quarter of 2010 increased 3% to $33.0 million from $31.9 million in 2009 and, for the full year 2010, increased 6% to $108.0 million from $101.7 million in 2009.

    Net income for the fourth quarter of 2010 was $6.7 million, or $0.17 per fully diluted share, an increase of $1.8 million, or 38%, from $4.8 million, or $0.13 per fully diluted share, for the fourth quarter of 2009. Net income for the full year 2010 was $10.8 million, or $0.28 per fully diluted share, a decrease of $1.1 million, or 9%, from $11.9 million, or $0.31 per fully diluted share for the full year 2009.

    Financial Highlights:

    --  Gross profit was $23.3 million or 71% of revenue for the fourth quarter
    of 2010 and $76.0 million or 70% of revenue for the full year 2010.
    Gross profit was $22.4 million or 70% of revenue for the fourth quarter
    of 2009 and $71.2 million or 70% of revenue for the full year 2009.
    --  Operating expenses for the fourth quarter and full year 2010 were $15.7
    million and $63.6 million, respectively, a decrease of 11% from $17.7
    million reported for the fourth quarter 2009 and an increase of 9% from
    $58.5 million reported for the full year 2009.
    --  Operating income for the fourth quarter and full year 2010 was $7.6
    million and $12.4 million, respectively, an increase of $3.0 million, or
    64%, from $4.6 million reported for the fourth quarter of 2009 and a
    decrease of $0.3 million, or 2%, from the $12.6 million reported for the
    full year 2009.  Operating income as a percentage of revenue for the
    fourth quarter and full year 2010 was 23% and 11%, respectively,
    compared to 14% and 12% for the comparable periods in 2009.
    --  Earnings before interest, taxes, depreciation and amortization was $8.2
    million and $15.5 million for the fourth quarter and for the full year
    2010, respectively, an increase of 32% from $6.2 million reported for
    the fourth quarter of 2009 and a decrease of 14% from $18.1 million
    reported for the full year 2009.
    --  Net cash balances, total cash and cash equivalents less bank borrowings,
    at December 31, 2010 totaled $85.5 million compared to $86.4 million and
    $67.6 million at September 30, 2010 and December 31, 2009, respectively.
    

    Operational and Other Highlights:

    --  VASCO won 449 new customers in Q4 2010 (111 new banks and 338 new
    enterprise security customers).  For the full year 2010, VASCO won 1,754
    new customers (269 banks and 1,485 enterprise security customers).
    Although management considers the number of new customers as an
    indicator of the momentum of our business and effectiveness of our
    distribution channel, the number of new customers is not indicative of
    future revenue.
    --  Societe Tunisienne de Banque (STB) in Tunisia implements VACMAN(R)
    Controller and DIGIPASS(R) 260 to secure its online enterprise
    customers.
    --  VASCO announced its collaboration with leading Russian bank VTB 24. VTB
    24 will use VASCO's authentication solution IDENTIKEY Server to ensure
    the security of its banking channels.
    --  VASCO announces the availability of its DIGIPASS as a Service, its
    cloud-based authentication platform, for Business-to-Business web-based
    applications.
    --  VASCO adds a new layer to its mobile security offerings by launching
    ground-breaking DIGIPASS Nano, a solution that consists of a thin film
    that users place over the SIM card, turning the phone into a mobile
    security device capable of generating one-time passwords and
    e-signatures.
    --  VASCO announces that its PKI-based solution, DIGIPASS CertiID, is now
    embedded in DIGIPASS Key 200 and DIGIPASS Key 860. The software suite
    and embedded editions of DIGIPASS CertiID are now also available for
    Linux and MacOS X.
    --  VASCO launches DIGIPASS 920, a connected card reader with PKI-based
    digital reader signature and What You See Is What You Sign capability
    which protects the smart card PIN.
    --  VASCO announces that SEB, a leading Swedish bank, has decided to deploy
    VASCO's DIGIPASS 920 to protect its retail and corporate customers'
    access to BankID and additional applications.
    --  VASCO strengthens its presence in the Middle East by signing a
    distribution agreement with Secureway (Dubai).
    --  VASCO's IDENTIKEY Server won the prestigious Computing Security Award in
    the category "Remote access solution of the year".
    

    Guidance for full-year 2011:

    VASCO is providing guidance for the full-year 2011 as follows:

    --  Revenue growth of 20% or more for the full-year 2011 over full-year
    2010,
    --  Operating margins, excluding expenses related to the amortization of
    acquisition-related intangible assets, for full-year 2011 are projected
    to be in the range of 8% to 12% of revenue.
    

    "We are pleased with the results for the fourth quarter of 2010," stated T. Kendall Hunt, Chairman & CEO. "Revenues in the fourth quarter of 2010 were the best in the company's history when compared to any prior year's fourth quarter and the third best quarter in our history when compared to all quarters previously reported. In addition to the strong revenue, we made good progress in developing new products, including our DIGIPASS as a Service platform, developed important relationships with new banks in various markets and continued investing in people and processes that we believe will benefit us in 2011 and future years."

    "The results for the fourth quarter were strong from both a revenue and order intake point of view," said Jan Valcke, VASCO's President and COO. "During the fourth quarter and the second half of 2010, we saw a large number of deals move from the proposal stage to and through the contract negotiation stage. As a result, our order intake in the fourth quarter and second half of 2010 were the best in the company's history. In addition to orders received, our pipeline for future deals also remained strong at the end of the year. We expect that order intake and the pipeline for future deals will remain strong throughout 2011."

    Cliff Bown, Executive Vice President and CFO added, "During the fourth quarter of 2010 our working capital balances continued to grow even though our cash balances declined slightly. During the fourth quarter our working capital increased $4.6 million, or 5%, from September 30, 2010 and our net cash balance decreased $0.9 million or 1% from September 30, 2010. For the full year, our net cash balance increased $17.9 million, or 27%, and our working capital increased $9.3 million, or 11%, from December 31, 2009."

    Conference Call Details

    In conjunction with this announcement, VASCO Data Security International, Inc. will host a conference call today, February 17, 2011, at 10:00 a.m. EST - 16:00h CET. During the Conference Call, Mr. Ken Hunt, CEO, Mr. Jan Valcke, President and COO, and Mr. Cliff Bown, CFO, will discuss VASCO's results for the fourth quarter and full year 2010 and guidance for full year 2011.

    To participate in this Conference Call, please dial one of the following numbers: USA/Canada: +1 800-381-7839 International: +1 212-231-2904 And mention VASCO to be connected to the Conference Call.

    The Conference Call is also available in listen-only mode on www.vasco.com. Please log on 15 minutes before the start of the Conference Call in order to download and install any necessary software. The recorded version of the Conference Call will be available on the VASCO website 24 hours a day.

    VASCO Data Security International, Inc. Consolidated Statements of Operations (In thousands, except per share data) (Unaudited)

    Three months ended December 31, ------------ 2010 2009 ---- ---- Revenue $33,005 $31,936 Cost of goods sold 9,709 9,576 ----- ----- Gross profit 23,296 22,360 Operating costs: Sales and marketing 7,899 8,439 Research and development 3,625 3,301 General and administrative 4,072 5,884 Amortization of purchased intangible assets 114 121 --- --- Total operating costs 15,710 17,745 ------ Operating income 7,586 4,615 Interest income 99 191 Other income 40 617 --- --- Income before income taxes 7,725 5,423 Provision for income taxes 1,071 589 ----- --- Net income $6,654 $4,834 ====== ====== Basic net income per share $0.18 $0.13 Diluted net income per share $0.17 $0.13 Weighted average shares outstanding: Basic 37,417 37,322 ====== ====== Diluted 38,316 38,068 ====== ======

    Twelve months ended December 31, ------------ 2010 2009 ---- ---- Revenue $107,963 $101,695 Cost of goods sold 31,997 30,535 ------ ------ Gross profit 75,966 71,160 Operating costs: Sales and marketing 31,027 30,299 Research and development 13,568 11,582 General and administrative 18,538 16,183 Amortization of purchased intangible assets 443 453 --- --- Total operating costs 63,576 58,517 ------ Operating income 12,390 12,643 Interest income 324 572 Other income 698 2,107 --- ----- Income before income taxes 13,412 15,322 Provision for income taxes 2,606 3,460 ----- ----- Net income $10,806 $11,862 ======= ======= Basic net income per share $0.29 $0.32 Diluted net income per share $0.28 $0.31 Weighted average shares outstanding: Basic 37,413 37,319 ====== ====== Diluted 38,241 38,084 ====== ======

    VASCO Data Security International, Inc. Consolidated Balance Sheets (In thousands, except per share data) (Unaudited)

    December 31, ------------ 2010 2009 ---- ---- ASSETS Current assets Cash and equivalents $85,533 $67,601 Accounts receivable, net of allowance for doubtful accounts 21,702 30,400 Inventories 10,710 9,015 Prepaid expenses 1,859 1,588 Deferred income taxes 369 563 Foreign sales tax receivable 2,282 1,086 Other current assets 199 632 --- --- Total current assets 122,654 110,885 Property and equipment, net 4,771 5,189 Goodwill 12,772 13,813 Intangible assets, net of accumulated amortization 1,603 1,797 Other assets 1,141 1,040 ----- ----- Total assets $142,941 $132,724 ======== ======== LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $8,857 $4,505 Deferred revenue 6,464 7,188 Accrued wages and payroll taxes 4,971 5,178 Income taxes payable 2,109 3,097 Other accrued expenses 3,364 3,285 ----- ----- Total current liabilities 25,765 23,253 Deferred compensation 456 490 Deferred revenue 47 277 Deferred tax liability 180 328 --- --- Total liabilities 26,448 24,348 ------ ------ Stockholders' equity Common stock 38 37 Additional paid-in capital 68,428 67,371 Accumulated income 47,524 36,718 Accumulated other comprehensive income (loss) 503 4,250 --- ----- Total stockholders' equity 116,493 108,376 ------- ------- Total liabilities and stockholders' equity $142,941 $132,724 ======== ========

    Reconciliation of Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) to net income (in thousands):

    Three months Twelve months ------------ ------------- ended December 31, ended December 31, ------------------ ------------------ 2010 2009 2010 2009 ---- ---- ---- ---- (in thousands, (in thousands, unaudited) unaudited) EBITDA $8,208 $6,223 $15,546 $18,093 Interest income, net 99 191 324 572 Provision for income taxes (1,071) (589) (2,606) (3,460) Depreciation and amortization (582) (991) (2,458) (3,343) Net income $6,654 $4,834 $10,806 $11,862 ====== ====== ======= =======

    EBITDA is a non-GAAP financial measure within the meaning of applicable U.S. Securities and Exchange Commission rules and regulations. We use EBITDA as a measure of performance, a simplified tool for use in communicating our performance to investors and analysts and for comparisons to other companies within our industry. As a performance measure, we believe that EBITDA presents a view of our operating results that is most closely related to serving our customers. By excluding interest, taxes, depreciation and amortization we are able to evaluate performance without considering decisions that, in most cases, are not directly related to meeting our customers' requirements and were either made in prior periods (e.g., depreciation and amortization), or deal with the structure or financing of the business (e.g., interest) or reflect the application of regulations that are outside of the control of our management team (e.g., taxes). Similarly, we find that the comparison of our results to those of our competitors is facilitated when we do not need to consider the impact of those items on our competitors' results.

    EBITDA should be considered in addition to, but not as a substitute for, other measures of financial performance reported in accordance with accounting principles generally accepted in the United States. While we believe that EBITDA, as defined above, is useful within the context described above, it is in fact incomplete and not a measure that should be used to evaluate our full performance or our prospects. Such an evaluation needs to consider all of the complexities associated with our business including, but not limited to, how past actions are affecting current results and how they may affect future results, how we have chosen to finance the business and how regulations and the other aforementioned items affect the final amounts that are or will be available to shareholders as a return on their investment. Net income determined in accordance with U.S. GAAP is the most complete measure available today to evaluate all elements of our performance. Similarly, our Consolidated Statement of Cash Flows, which will be filed as part of our annual report on Form 10-K, provides the full accounting for how we have decided to use resources provided to us from our customers, lenders and shareholders.

    About VASCO: VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet security applications and transactions. VASCO has positioned itself as global software company for Internet security serving a customer base of over 10,000 companies in more than 100 countries, including more than 1,600 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.

    Forward Looking Statements:

    Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believe," "anticipate," "plan," "expect," "intend," "mean," "potential" and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

    Reference is made to the VASCO's public filings with the U.S. Securities and Exchange Commission for further information regarding VASCO and its operations.

    This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO "V" design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY.

    For more information contact: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com

    VASCO Data Security International, Inc.

    CONTACT: Jochem Binst of VASCO Data Security International, Inc., +32 2
    609 97 00, jbinst@vasco.com

    Web site: http://www.vasco.com/




    Publicis Groupe Acquires London-Based Holler, Strengthening Leo Burnett Digital Offer

    PARIS, February 17, 2011 /PRNewswire-FirstCall/ -- Publicis Groupe announced today that it has acquired Holler, a leading London-based digital content and social media agency. The Holler brand will become part of the Leo Burnett Group in the UK.

    Founded in 2001, Holler is specialized in branded entertainment strategy, content creation and social media. The agency's clients include Channel 4 (E4, More4), Global Radio (Capital, Heart, Galaxy, Classic, XFM), Red Bull and Logica. Holler has won several industry awards including 3 Gold IPA Effectiveness awards including 'Best Innovation' for work on E4's Skins, plus a Guardian MEGA Award and IMA Grand Prix. The agency's team of 35 digital specialists strengthen Leo Burnett's rapidly-expanding digital capabilities, bringing the number of digital specialists in the UK Leo Burnett Group to more than 70.

    The agency will continue to be managed by founding partners, James Kirkham, Managing Partner, and Will Pyne, Executive Creative Director, together with Simon Hankin, Joint Managing Partner.

    The acquisition of Holler is in line with Publicis Groupe's policy of continuing to expand its digital business throughout all of its networks. Digital is one of the two growth drivers at the heart of Publicis Groupe's targeted acquisition strategy and today accounts for 28% of the Groupe's revenue. Over the next three years, Publicis Groupe aims to increase the percentage of revenue derived from digital to 35%.

    Andrew Edwards, Group Chairman and CEO Leo Burnett (UK) said: "Our mission is to ingrain digital thinking into every aspect of Leo Burnett's work and culture. The acquisition of Holler, with its outstanding track record in social and branded content, will provide us with greater depth and specialization in these important and fast-growing areas. We want to provide our clients with the best advice on these decisive trends and to continue to create great brand thinking, throughout all platforms."

    James Kirkham, Managing Partner of Holler said: "Publicis Groupe is the clear winning partner for us and the management team at Leo Burnett has proven time and again that they want to grow not only our business, but that we are crucial to the success of their own. We believe this will be a great partnership producing some of the best work in ways that big brands need to think these days."

    Holler

    13-19 Vine Hill, London EC1R 5DW. Tel: +44(0)207-209-2690. Website: http://www.holler.co.uk

    About Publicis Groupe

    Publicis Groupe [listed on the Euronext Paris Exchange - FR0000130577 - and part of the CAC 40 index] is the world's third largest communications group. With activities spanning 104 countries on five continents, Publicis Groupe employs approximately 49,000 professionals and offers local and international clients a complete range of advertising services through three global networks: Leo Burnett, Publicis, Saatchi & Saatchi, and numerous agencies including Fallon, 49%-owned Bartle Bogle Hegarty, and Kaplan Thaler Group. VivaKi combines digital and media expertise, allowing clients to connect with consumers in a holistic way, with Starcom MediaVest Group and ZenithOptimedia worldwide media networks; and interactive and digital marketing led by Digitas and Razorfish networks. VivaKi develops new services, tools, and next generation digital platforms. Publicis Groupe offers healthcare communications with Publicis Healthcare Communications Group (PHCG, the first global network in healthcare communications). And with MSLGROUP, one of the world's top five PR and Events networks, also provides expertise in corporate and financial communications, public affairs, branding, and social media marketing.

    Web site: http://www.publicisgroupe.com

    About Leo Burnett Group UK:

    The Leo Burnett Group, comprising of Leo Burnett (Advertising) and brand activation partners, Arc (shopper/retail marketing), Lime (experiential) and LeoSports (sponsorship activation) provides one of the most innovative multi-platform cultures and structures found in any contemporary Creative Agency. For 2011, the Big Won Report has ranked Leo Burnett as the 3rd most creatively awarded agency in the UK and 5th most innovative agency in the World. Leo Burnett agencies are among the most awarded in the world (one of only 3 UK agencies in the Top 20) and were recognized for creating one of the Top 10 Most Innovative campaigns with the 'House of Cards' integrated campaign for Shelter.

    Leo Burnett Group partners with clients such as Coca-Cola, Homebase, Kellogg, Littlewoods, McDonald's, Miller Brands UK, Procter & Gamble, Dept for Transport (Drug Drive, Drink Drive, Teen & Child Road Safety) and Tesco.

    Web site: http://www.leoburnett.co.uk

    Publicis Groupe

    CONTACT: Contacts - Publicis Groupe: Martine Hue, Investor Relations:
    +33(0)1-44-43-65-00, Martine.hue@publicisgroupe.com; Peggy Nahmany,
    Corporate Communication: +33(0)1-44-43-72-83,
    Peggy.nahmany@publicisgroupe.com; Leo Burnett UK: Janice Capewell, Senior
    Marketing Manager, +44(0)7785-231-131, Janice.capewell@leoburnett.co.uk;
    Holler: James Kirkham, Managing Partner, +44(0)7786-863-102




    Prominent technology experts and top IC companies to discuss new Smartphone design and other hot technologies at IIC-China in ShenzhenLive product teardowns feature face-off of new Smartphones and tablet PCs; technical conferences also cover latest embedded system, analog and power technologies that fuel next-generation electronics

    HONG KONG, Feb. 17, 2011 /PRNewswire-Asia/ -- Global Sources announces today that top international semiconductor companies such as ADI, Freescale, Intel, NXP and STMicroelectronics are scheduled to exhibit and speak at the 16th International IC-China Conference & Exhibition (IIC-China, http://www.english.IIC-China.com). The three-day event, which also features keynotes by leading technology figures and six highly-anticipated live product teardowns, is set to take place in Shenzhen in the Pearl River Delta - China's major electronics design and manufacturing hub - on February 24-26 at Shenzhen Convention & Exhibition Center.

    (Logo: http://photos.prnewswire.com/prnh/20030303/LNM011LOGO-b )

    Experienced analysts from Global Sources are scheduled to perform two live product teardowns on each day. The first teardown aims to give engineers a chip-by-chip, technology-by-technology analysis of two international and local branded Smartphones. Another session is scheduled to provide an in-depth look inside two popular tablet PCs.

    Conferences focus on what's hot in China

    According to a report from Coda Research Consultancy, China's Smartphone market is expected to experience the largest growth worldwide, quadrupling to reach a compound annual growth rate of 29 percent by end of 2015, with sales predicted at 97.6 million units that year. IIC-China's rich technical content includes a series of conferences on Smartphone design, as well as other hot technologies in China's electronics industry, including embedded, analog and power technologies.

    Top-notch speakers giving keynotes at these conferences include:

    --  Smartphone - Yan Chenwei, Vice President, Qualcomm - world leader in 3G
    and next-generation mobile technologies; Song Chongwen, Manager, FTA
    Division, Telecommunication Metrology Center of MIIT
    --  Embedded Systems - Professor He Limin, Beijing University of Aeronautics
    and Astronautics, widely known as "Father of Embedded System in China";
    Director, Embedded System Association; Standing Committee Member,
    Embedded System Expert Committee of China Computer Federation
    --  Power - Wu Wei, Chief Engineer, Shenzhen Chuangwei-RGB Electronics Co.
    Ltd; Jane Hsu, Director of Taiwan Market Research, IMS Research
    --  Analog - Jae Inh Song,  Executive Vice President of Sales and Marketing,
    Dongbu HiTek, world leader in specialty foundry
    

    Experts from technology companies including Fairchild, Leadcore, Micron, NXP, Parasoft, STMicroelectronics and TriQuint Semiconductor are also scheduled to speak at the conferences.

    Design engineers and technical managers can also have the opportunity to attend over 30 technical application courses (TAC) and TechShare sessions, which are scheduled to showcase the latest IC solutions from vendors such as ADI, Grace Semi, IDT, Silicon Labs and Skyworks. In addition, Intel is planning to collocate its full-day technical road show focusing on embedded solutions with IIC-China.

    "As China continues to grow as the world's manufacturing base of electronics products as well as a key consumer, the design capability of its manufacturers plays an increasingly important role in maintaining their competitiveness in the domestic and global markets," said Brandon Smith, President of Global Sources' joint venture eMedia Asia Limited. "For instance, Huawei, China's top electronics company, filed 6,770 new patents in 2009. According to the World Intellectual Property Organization (WIPO), Huawei ranked second in terms of patents applications under the WIPO Patent Cooperation Treaty."

    "IIC-China has been bringing the world's latest IC products and enabling technologies to the doorstep of China's design engineers. I believe this face-to-face interaction goes a long way in inspiring innovative design and new ideas in China," Smith continued.

    Top IC and component vendors to showcase latest products

    The exhibition is set to feature close to 550 booths with over 230 exhibitors. The world's leading semiconductor companies, including ADI, Atmel, Freescale, Fujitsu, Intel, Intersil, Maxim, Micron, NXP, On-Bright, On Semiconductor, ROHM, Silicon Labs, STMicroelectronics and Vishay, are scheduled to showcase their latest solutions and products to China's engineering community. Exhibiting alongside them are key distributors including Advanced MP Technology, Eluomeng, Richardson Electronics and RS Components, as well as top local IC companies and design houses such as BYD Microelectronics, Beijing Nufront, Go2Silicon and Sino IC.

    Engineers can also see the latest semiconductor devices and solutions from Taiwan and Korea vendors at the regional pavilions.

    Leading passive-component suppliers such as EYANG Technology Development, Mornsun and Shenzhen Sunlord Electronics are also set to showcase their products at the Components Zone. Attendance at IIC-China is free for industry professionals. Interested parties can register for IIC-China in Shenzhen at http://www.english.IIC-China.com.

    China ACE Awards honor innovation

    During IIC-China, EE Times-China - leading electronics design title for mainland engineers published by eMedia Asia - plans to announce the winners of the highly-anticipated China ACE (Annual Creativity in Electronics) Awards 2011. The awards, which seek to honor technologies and people that facilitate innovative electronics design in China, include seven categories of product awards and six company/people categories.

    For the finalist list and other information on China ACE Awards 2011, please visit http://www.eet-china.com/ace.

    About Global Sources

    Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.

    The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 967,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.

    The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on over 4.7 million products and more than 262,000 suppliers annually through 14 online marketplaces, 13 monthly print and 18 digital magazines, over 80 sourcing research reports and 20 specialized trade shows which run 57 times a year across nine cities. Suppliers receive more than 192 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.

    Global Sources has been facilitating global trade for 40 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has about 2,700 team members in more than 40 locations, and a community of over 2 million registered online users and magazine readers for its Chinese-language media.

    About eMedia Asia Limited

    eMedia Asia Limited is a joint venture between Global Sources (60%) and United Business Media's EETimes Group (40%).

    eMedia Asia provides 500,000-plus technology decision-makers throughout Asia and China with access to a multichannel media network. Through its technical events, publications and online network, eMedia Asia leads in providing the region's electronics community with the business and technical information they need to remain competitive.

    Global Sources Investor Contact in Global Sources Press Contact in Asia: Asia: Camellia So Suzanne Wang Tel: (852) 2555-5021 Tel: (852) 2555-4777 e-mail: cso@globalsources.com e-mail: investor@globalsources.com Global Sources Investor Contact in Global Sources Press Contact in U.S.: U.S.: James W.W. Strachan Mary Magnani & Timothy Dien Tel: (1 480) 664 8309 Lippert/Heilshorn & Associates, Inc. e-mail: strachan@globalsources.com Tel: (1 415) 433-3777 e-mail: tdien@lhai.com

    Photo: http://photos.prnewswire.com/prnh/20030303/LNM011LOGO-b Global Sources

    CONTACT: Global Sources Press Contact in Asia, Camellia So,
    +852-2555-5021, cso@globalsources.com; Global Sources Investor Contact in
    Asia, Suzanne Wang, +852-2555-4747, investor@globalsources.com; Global
    Sources Press Contact in U.S., James W.W. Strachan, +1-480-664-8309,
    strachan@globalsources.com; Global Sources Investor Contact in U.S., Mary
    Magnani & Timothy Dien, Lippert/Heilshorn & Associates, Inc.,
    +1-415-433-3777, tdien@lhai.com

    Web site: http://www.globalsources.com/
    http://www.eet-china.com/ace/
    http://www.english.IIC-China.com/




    Publicis Groupe renforce ses positions dans le digital avec l'acquisition de Holler en Grande-Bretagne

    PARIS, February 17, 2011 /PRNewswire/ -- Publicis Groupe annonce aujourd'hui l'acquisition de Holler, agence basée à Londres, spécialisée dans le numérique et les médias sociaux. Holler sera intégrée au réseau Leo Burnett.

    Fondée en 2001, Holler est spécialisée dans la promotion des marques par le divertissement, création de contenus et médias sociaux. Son portefeuille de clients comprend notamment Channel 4 (E4, More4), Global Radio (Capital, Heart, Galaxy, Classic, XFM), Red Bull et Logica. Holler s'est vu décerner de nombreux prix publicitaires, dont 3 médailles d'or aux IPA Effectiveness Awards (notamment le prix de la << meilleure innovation >> pour son travail pour la série télévisée Skins, sur la chaine E4) et le Grand Prix de l'IMA.

    L'équipe de 35 spécialistes du numérique de Holler vient renforcer Leo Burnett dont les compétences digitales sont en pleine expansion, portant désormais à plus de 70 le nombre d'experts du numérique de Leo Burnett au Royaume-Uni.

    L'agence reste dirigée par ses membres fondateurs, James Kirkham, associé gérant, et Will Pyne, directeur exécutif de la création, rejoints par Simon Hankin, également associé gérant.

    L'acquisition de Holler s'inscrit parfaitement dans la stratégie de Publicis Groupe qui est de poursuivre le déploiement des activités digitales dans tous ses réseaux. Le digital, l'un des deux moteurs de croissance au coeur de la stratégie d'acquisition ciblée de Publicis Groupe, représente aujourd'hui 28% des revenus mondiaux du Groupe. L'objectif du Groupe est d'atteindre, d'ici trois ans, 35% de ses revenus dans le numérique.

    Andrew Edwards, Group Chairman et CEO de Leo Burnett Royaume-Uni déclare : << Notre ambition consiste à intégrer la réflexion numérique dans tous les aspects du travail et de la culture de Leo Burnett. L'acquisition de Holler, qui a largement fait ses preuves dans le contenu social et de marque, nous permet de mieux comprendre et maîtriser ces deux domaines importants et en forte croissance. Nous voulons offrir à nos clients les meilleurs conseils possibles sur ces tendances incontournables, et continuer à produire de grandes créations pour les marques, sur toutes nos plateformes. >>

    James Kirkham, Managing Partner de Holler, ajoute : << Publicis Groupe est le partenaire idéal pour nous. L'équipe dirigeante de Leo Burnett nous a montré à maintes reprises non seulement qu'elle souhaite développer notre activité, mais également que nous sommes essentiels à son propre succès. Nous pensons que ce sera un grand partenariat qui donnera quelques-unes des meilleures créations correspondant aux besoins des grandes marques aujourd'hui. >>

    Holler

    13-19 Vine Hill, London EC1R 5DW. Tel: +44(0)207-209-2690. Site internet : http://www.holler.co.uk

    A propos de Publicis Groupe

    Publicis Groupe est le troisième groupe mondial de communication, présent dans 104 pays sur les 5 continents et compte environ 49 000 collaborateurs. L'offre publicitaire s'adresse à des clients locaux aussi bien qu'internationaux, à travers trois réseaux publicitaires mondiaux : Leo Burnett, Publicis et Saatchi & Saatchi ainsi que plusieurs agences dont : Fallon, Bartle Bogle Hegarty (participation à 49 %) et Kaplan Thaler Group. La connexion avec les consommateurs est organisée de façon holistique par VivaKi qui comprend les réseaux mondiaux d'agences médias Starcom MediaVest Group et ZenithOptimedia; et pour la communication numérique et interactive, les réseaux leaders Digitas et Razorfish. VivaKi développe de nouveaux services et outils, et des plateformes numériques de prochaine génération. L'offre du Groupe comprend également la communication santé avec Publicis Healthcare Communications Group (PHCG, premier réseau mondial). MSLGROUP, l'un des cinq plus grands réseaux mondiaux, propose une expertise en communication corporate et financière, relations publiques, marketing social, développement des marques et événementiel.

    Site internet : http://www.publicisgroupe.com

    A propos de Leo Burnett

    Le Leo Burnett Group comprend l'agence de publicité Leo Burnett et ses partenaires d'activation des marques : Arc (pour le marketing au point de vente), Lime (pour le marketing expérientiel) et LeoSports (pour l'activation de partenariat). C'est l'une des cultures et structures multi-plateformes les plus innovantes de toutes les agences de création contemporaines. En 2011, le classement du Big Won Report met au 3ème rang des agences les plus récompensées pour leur créativité au Royaume-Uni et au 5ème rang des agences les plus innovantes du monde. Les agences de Leo Burnett sont parmi les plus fréquemment primées du monde (étant l'une des 3 seules agences britanniques appartenant aux 20 premières) et sont célèbres pour avoir créé l'une des 10 campagnes les plus novatrices avec la campagne intégrée << House of Cards >> pour l'association Shelter.

    Le Leo Burnett Group travaille en partenariat avec des clients comme Coca-Cola, Homebase, Kellogg, Littlewoods, McDonald's, Miller Brands UK, Procter & Gamble, le ministère britannique des transports (Drug Drive, Drink Drive, Teen & Child Road Safety) et Tesco.

    Site internet : http://www.leoburnett.co.uk

    Publicis Groupe

    CONTACT: Contacts - Publicis Groupe: Martine Hue, Relations Investisseurs:
    +33 (0)1-44-43-65-00, Martine.hue@publicisgroupe.com; Peggy Nahmany,
    Communication Corporate : +33 (0)1-44-43-72-83,
    Peggy.nahmany@publicisgroupe.com; Leo Burnett UK: Janice Capewell, Senior
    Marketing Manager, +44(0)7785-231-131 Janice.capewell@leoburnett.co.uk;
    Holler: James Kirkham, Managing Partner, +44(0)7786-863-102




    New Spansion GL Flash Memory Family Delivers Breakthrough Performance for Embedded ApplicationsBrings substantial innovation to enhance the user experience for infotainment, gaming and other consumer applications

    SUNNYVALE, Calif., Feb. 17, 2011 /PRNewswire/ -- Spansion Inc. , today announced it has expanded the industry's fastest family of NOR Flash memory devices to deliver substantial innovation to the next generation of applications in automotive, consumer electronics, and gaming. Designed for fast data access, interactivity and boot performance, the Spansion GL-S family enables electronic devices to start nearly instantly with the push of a button and provide the fastest interactive user experience. The GL-S family expanded to include densities from 128Mb to 2Gb, and delivers up to a 45% performance advantage over competing NOR products.

    (Logo: http://photos.prnewswire.com/prnh/20060118/SFW077LOGO)

    The Spansion GL-S family builds upon the highly successful, 2Gb GL-S device for interactive gaming, which started production in Q4 2010, and is the first and currently only single-die 2Gb NOR Flash memory device in the industry. The programming speed of the GL-S is two times faster than legacy GL products and 30% faster over the competition based on third party benchmarks. With improved programming speeds, Spansion customers can benefit from faster throughput in their manufacturing lines, substantially reducing costs.

    Spansion holds the largest market share in the embedded Flash memory market. With a diversified customer base of over 4,000 global customers, Spansion has continued to execute with accelerating new product innovations, market share leadership, strong design win momentum, revenue and earnings growth with strong cash flow from operations.

    Executive Quotes

    "End users now have high expectations for instant access to their multimedia content and information -- in the car, in their living room and on the go," said Avo Kanadjian, vice president, marketing at Spansion. "The new Spansion GL-S product family is a significant milestone in Spansion's strategy to deliver differentiated solutions designed specifically for embedded customers and market segments."

    "Spansion continues to execute well against its strategy to lead in its target embedded markets and deliver differentiated solutions based on its proprietary MirrorBit technology," said Jim Handy, president, Objective Analytics. "The new Spansion GL-S family is a strong demonstration of MirrorBit technology scalability and performance capabilities."

    Key Facts/Highlights of the Spansion GL-S family:

    --  The Spansion GL-S family now offers densities of 128Mb, 256Mb, 512Mb,
    1Gb and 2Gb for a broad range of applications including: automotive
    in-cabin electronics, consumer electronics, gaming, set-top box,
    telecommunications and networking.
    --  65nm MirrorBit charge trapping process technology is the foundation for
    Spansion's leading position in NOR Flash memory.  Over 80% of Spansion's
    4,000 customers now use Spansion products based on MirrorBit technology.
    --  Sampling today, the family will enter mass production in Q2, 2011
    --  45% faster page-mode read performance at 98.5 MB/s vs. 67.4 MB/s
    --  40% smaller BGA package (9mm x 9mm) for space-constrained applications
    --  Enhanced security to protect customer IP through with sector read
    protection and larger 1024Kb secured silicon sector
    --  Industry-standard form-factor via Spansion's Universal Footprint
    --  64-ball FBGA package
    --  56-pin TSOP package
    --  Wide temperature range support including:
    --  Industrial (-40C to +85C)
    --  Automotive In-Cabin (-40C to +105C) planned
    --  Complementary customized software drivers and Flash file system software
    

    Resources: Spansion GL-S family photograph: http://www.spansion.com/About/ News/Pages/ImageGallery.aspx Spansion wireless solutions: http://www.spansion.com/Solutions/ Spansion industrial solutions: http://www.spansion.com/Solutions/ Spansion Flash memory products: http://www.spansion.com/Products/ Spansion newsroom: http://www.spansion.com/News Spansion blog: http://blog.spansion.com Spansion on Twitter: http://www.twitter.com/SpansionFlash Spansion on Facebook: http://www.facebook.com/Spansion

    Cautionary Statement

    This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those statements. The risks and uncertainties include the company's ability to: create high performance and cost-effective solutions for applications in consumer, gaming and automotive applications, continue to expand its technology and product development capabilities, and produce innovative and differentiated products that meet future customer demand. Additional risks and uncertainties related to the company's business are discussed in the company's Securities and Exchange Commission filings, including but not limited to the company's most recent Annual Report on Form 10-K for fiscal 2009 and Quarterly Reports on Form 10-Q. Unless otherwise required by applicable laws, the company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    About Spansion

    Spansion is a leading provider of the Flash memory technology at the heart of the world's electronics systems, powering everything from the routers that run the internet to the highly interactive and immersive consumer and automotive electronics that are enriching people's daily lives. Spansion's broad and differentiated Flash memory product portfolio, award-winning MirrorBit charge-trapping technology, and industry leading service and support are enabling customers to achieve greater efficiency and success in their target markets. For more information, visit http://www.spansion.com.

    Spansion(R), the Spansion logo, MirrorBit(R), and combinations thereof, are trademarks and registered trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

    Photo: http://photos.prnewswire.com/prnh/20060118/SFW077LOGO
    PRN Photo Desk, photodesk@prnewswire.com Spansion Inc.

    CONTACT: Media, Mark Franken, +1-408-616-8410, mark.franken@spansion.com,
    or Investors, Shubham Maheshwari, +1-408-616-3677,
    shubham.maheshwari@spansion.com, both of Spansion Inc.

    Web site: http://www.spansion.com/




    TripAdvisor Adds Virtual Tours Using Augmented Reality to iPad AppTripAdvisor Has Reached #1 in Free Travel Apps for iPad in More Than 50 Countries

    BARCELONA, Spain, Feb. 17, 2011 /PRNewswire/ -- Mobile World Congress -- TripAdvisor(R), the world's largest travel site*, now with more than 5 million unique users a month on mobile alone, today announced the launch of a new virtual tours feature for the TripAdvisor iPad app, built using augmented reality technology. The new functionality allows travelers to take a virtual walk through their travel destination with nearby places superimposed over Street View from Google, including TripAdvisor's more than 40 million traveler reviews and opinions, giving travelers an even more engaging and insightful way to discover great hotels, restaurants and attractions. The feature is available today in the TripAdvisor iPad app, available for free in the Apple App Store.

    (Logo: http://photos.prnewswire.com/prnh/20080902/TRIPADVISORLOGO )

    "With virtual tours on the TripAdvisor iPad app, we've made the experience even more engaging and helpful for travelers," said Mike Putnam, Director of Mobile Product for TripAdvisor. "For travelers who have ever booked a hotel or restaurant and arrived only to be disappointed by the neighborhood, this feature brings a whole new way to gain insights into their destination. Now travelers can get the full picture in advance, along with the wisdom of TripAdvisor's more than 40 million reviews and opinions."

    The new augmented reality feature enhances TripAdvisor's popular iPad app, which has already reached the top spot for free iPad travel apps in more than 50 countries. Travelers can access the new functionality by clicking on the Street View icon for hotels, restaurants or attractions. In addition, travelers have a wealth of other helpful travel planning features at their fingertips with the app, including:

    --  TripAdvisor's more than 40 million reviews and opinions for hotels,
    restaurants, and attractions. Travelers can even add their own reviews
    while their experiences are fresh.
    --  "Near Me Now" functionality, so travelers can determine what hotels,
    restaurants and attractions are nearby.
    --  Unique map-based browsing, giving travelers the lay of the land in their
    travel destination.
    --  The ability to find cheap flights using the award-winning TripAdvisor
    Flights search engine, and compare airline fees using its Fees
    Estimator.
    --  Access to the TripAdvisor forums, where users can ask questions of their
    fellow travelers and receive helpful feedback.
    --  Traveler photos of hotels, restaurants, attractions and destinations.
    

    Price and Availability

    The TripAdvisor iPad app is available for free in the Apple App Store in 18 languages and 26 countries. For more information about TripAdvisor's mobile offerings, including its apps for the iPhone, Android, Nokia and Palm smartphones, please visit http://www.tripadvisor.com/mobile.

    About TripAdvisor

    TripAdvisor(R) is the world's largest travel site, enabling travelers to plan and have the perfect trip. TripAdvisor offers trusted advice from real travelers and a wide variety of travel choices and planning features (including Flights search, TripAdvisor Mobile and TripAdvisor Trip Friends) with seamless links to booking tools.

    TripAdvisor(R) Media Group, operated by TripAdvisor LLC, attracts more than 50 million unique monthly visitors* across 18 popular travel brands**. TripAdvisor-branded sites make up the largest travel community in the world, with more than 40 million unique monthly visitors***, 20 million members, and over 40 million reviews and opinions. The sites operate in 27 countries worldwide****, including China under daodao.com. TripAdvisor also operates TripAdvisor for Business, a dedicated division that provides the tourism industry access to TripAdvisor's millions of monthly visitors. The division includes Business Listings, which allows hoteliers to connect directly to millions of researching travelers, and Vacation Rentals, which helps property managers and individual home owners list their properties and showcase hotel alternatives.

    TripAdvisor Media Group websites have been recognized as top travel resources in 2010 by Conde Nast Traveller, Good Housekeeping, TIME magazine and Travel + Leisure.

    TripAdvisor and the sites comprising the TripAdvisor Media Group are operating companies of Expedia, Inc. .

    TripAdvisor and the TripAdvisor logo are trademarks or registered trademarks of TripAdvisor LLC 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.

    (C)2011 TripAdvisor LLC. All rights reserved.

    *Source: comScore Media Metrix for TripAdvisor Media Group Sites, Worldwide, August 2010

    ** In addition to TripAdvisor, The TripAdvisor Media Group of websites includes: www.airfarewatchdog.com, www.bookingbuddy.com, www.cruisecritic.com, www.everytrail.com, www.familyvacationcritic.com, www.flipkey.com, www.holidaylettings.co.uk, www.holidaywatchdog.com, www.independenttraveler.com, www.onetime.com, www.seatguru.com, www.sniqueaway.com, www.smartertravel.com, www.travel-library.com, www.travelpod.com, www.virtualtourist.com and www.kuxun.cn.

    ***Source: comScore Media Metrix for TripAdvisor Sites, Worldwide, August 2010

    **** TripAdvisor sites operate in 27 countries worldwide: www.tripadvisor.com, www.tripadvisor.co.uk, www.tripadvisor.ca, www.tripadvisor.it, www.tripadvisor.es, www.tripadvisor.de, www.tripadvisor.fr, www.tripadvisor.jp, www.daodao.com, www.tripadvisor.in, www.tripadvisor.se, nl.tripadvisor.com, www.tripadvisor.com.br, www.tripadvisor.com.tr, www.tripadvisor.dk, www.tripadvisor.com.mx, www.tripadvisor.ie, www.tripadvisor.com.au, www.tripadvisor.com.sg, www.tripadvisor.co.kr, no.tripadvisor.com, pl.tripadvisor.com, th.tripadvisor.com, www.tripadvisor.ru, www.tripadvisor.com.gr/, www.tripadvisor.co.id and www.tripadvisor.com.ar.

    Photo: http://photos.prnewswire.com/prnh/20080902/TRIPADVISORLOGO
    PRN Photo Desk, photodesk@prnewswire.com TripAdvisor

    CONTACT: Justin Drake, +1-617-670-6759, jdrake@tripadvisor.com

    Web site: http://www.tripadvisor.com/




    University of Colorado Denver Business School Expands Use of MicroStrategy's Business Intelligence SoftwareStudents Gain Practical Experience Using MicroStrategy Software

    VIENNA, Va., Feb. 16, 2011 /PRNewswire/ -- MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence (BI) software, today announced that it has provided free software to the University of Colorado Denver Business School for the expansion of course offerings focused on business intelligence. This is the second time in the past three years that MicroStrategy has provided the school with free business intelligence software licenses, technical support, and training to give students experience in BI reporting and analytics.

    UC Denver Business School offers BI courses using MicroStrategy software in its Master of Science in Information Systems, Master of Business Administration, and PhD in Computer Science and Information Systems programs. Since 2008, UC Denver Business School has added BI specializations to its Master of Science in Information Systems, Marketing, and Master of Business Administration programs. The specializations enable students to gain skills and knowledge in data warehousing, data visualization, data mining, online analytical processing, customer relationships management, dashboards and scorecards, corporate performance management, and expert and advanced intelligent systems. To date, hundreds of students have used MicroStrategy software in these courses.

    "Since we first started using MicroStrategy in our curriculum, we have seen a sharp increase in students' interest in enrolling in these new BI specializations as part of the MS and MBA programs," said Professor Jahangir Karimi, Director of the Information Systems Programs of the UC Denver Business School. "We have added new graduate courses in Business Intelligence Systems, Business Intelligence in Healthcare, Business Intelligence and Financial Modeling, and Marketing Dashboards and Scorecards. Students use the Sales, Finance, and Healthcare applications to complete semester-long projects." These graduate level courses are offered at least once a year with enrollment ranging from 30 to 40 students per course.

    "MicroStrategy is proud to support the advancement of BI skills for graduate and undergraduate students," said Sanju Bansal, MicroStrategy's Chief Operating Officer. "The University of Colorado Denver Business School has made great progress in offering its students tangible experience in the BI industry and preparing them for exciting career opportunities."

    For more information on MicroStrategy's BI teaching resources for universities, visit http://www.microstrategy.com/university-resources.asp.

    About UC Denver Business School

    Located on the University of Colorado Denver's downtown campus, the Business School is the largest accredited graduate school of business in the region with more than 21,000 alumni. It serves more than 1,200 graduate students and 1,400 undergraduate students each year. Students and faculty are involved in solving real-world business problems as they collaborate on more than 100 projects with area businesses every semester through classroom work, guest lectures and research projects.

    About MicroStrategy

    Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website, http://www.microstrategy.com/freereportingsoftware. More information about MicroStrategy is available at www.microstrategy.com.

    MicroStrategy and MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

    Contact: Wende Cover MicroStrategy Incorporated 703-770-1646 wcover@microstrategy.com

    MicroStrategy Incorporated

    CONTACT: Wende Cover, MicroStrategy Incorporated, +1-703-770-1646,
    wcover@microstrategy.com

    Web site: http://www.microstrategy.com/

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