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Companies news of 2012-02-16 (page 2)

  • EffTec International, Inc. Announces Availability of Online Investor PresentationCorporate...
  • Nick Cannon Partners with Safe Communications, Inc.Cannon to appear on Capitol Hill in...
  • CimatronE Speeds Design of Molds for Mobile & Handheld DevicesSpecialized applicative...
  • MGM Resorts' M life Members Now Earn Rewards for Enjoying Restaurants, Shows and MoreVisit...
  • Bitauto to Report Fourth Quarter and Fiscal Year 2011 Unaudited Financial Results on...
  • AT&T Invests More Than $70 Million in New Hampshire from 2009 Through 2011 to Improve...
  • Callaway Golf Announces Availability of RAZR X HL Irons and HybridsSuper Game Improvement...
  • Oce Arizona 318 GL UV Printer Offers True Flatbed Versatility Without...
  • Trimble Introduces Visual Cargo Solution in India to Manage On-Road Supply Chain Logistics
  • OmniVision Announces Ultra-Compact 720p HD Image Sensor for Next-Generation Mobile...
  • Orbitz Worldwide, Inc. Earnings Press Release Available on Company's Investor Relations...
  • IBS Group Consolidates Full Control Over its IT Services Segment
  • Omnicell Will Demonstrate Medication Automation Interoperability at HIMSS 2012Omnicell to...
  • CBIZ Reports Fourth-Quarter and Year-End 2011 Results2011 DILUTED EPS FROM CONTINUING...
  • Webair Delivers Breakthrough Cloud Performance with Fusion ioMemoryInternational Web...
  • Leading Nutritional Supplement Manufacturer Selects inContact to Power International...
  • AT&T Invests More Than $950 Million in South Carolina From 2008 Through 2011 to Improve...
  • Sun and Beach Destinations Dominate Priceline.com's List of the Top 50 Destinations for...
  • Raytheon's JLENS Proves Tracking Capabilities During TestDelivers tracking data to fire...
  • AT&T Invests More Than $40 Million in Rhode Island From 2009 Through 2011 to Improve Local...
  • ANADIGICS Launches Multimode Multiband Power Amplifiers (MMPA)New MMPAs Offer a Compact...
  • Iomega Announces New Server Class Series of High Performance Scalable Network Storage...
  • SAP's Offer for SuccessFactors, Inc. Shares is Successful
  • Sibling Group Announces Education Management Organization"The Teaching Alliance, Inc." to...
  • ThinkVine Partners with Acxiom to Offer Greater Marketing Optimization Capabilities to...
  • Bankrate: Mortgage Rates Slide to Another Record Low
  • SPX Reports Fourth Quarter 2011 ResultsRevenues Up 13% to $1.5 BillionFlow Technology...
  • Caribou Coffee Brews Its Way to the Top in Zocalo Group's Latest Recommendation...
  • CSC Launches 1.5MW Expansion at CoreSite's Boston and Northern Virginia Data Centers
  • Jingwei International Limited Announces Intent to Go Private



    EffTec International, Inc. Announces Availability of Online Investor PresentationCorporate Presentation Released for Increased Investor Awareness Initiatives

    TULSA, Okla., Feb. 16, 2012 /PRNewswire/ -- EffTec International, Inc. (OTCPK: EFFI), provider of a leading HVAC water-cooled chiller optimization solution, announced today the availability of an online investor presentation. The presentation, the first step in EffTec's initiative to enhance communication with the investment community, provides an overview of its EffTrack(TM) solution and highlights the Company's unique position within its niche market while summarizing management's strategy for continued growth.

    "In today's fast-paced technological environment, we recognize that corporate information needs to be readily available to our current and potential investors with the click of a mouse," said Keith Johnson, President of Efficiency Technologies, Efftec's wholly owned operating subsidiary. "We have made a commitment to increase our visibility within the investment community, and announcing the availability of this presentation is just the first of many enhancements that our shareholders can expect to see in the coming months."

    The investor presentation is available at: www.efftec.com/investor-relations/presentation021412.pdf

    About EffTec International, Inc.

    EffTec International, Inc., through its wholly-owned subsidiary Efficiency Technologies, developed EffTrack(TM), an Internet-based analysis and trending tool for water-based chillers. The EffTrack(TM) system has been proven to reduce energy costs in facilities that utilize the solution by 15-25%, making it an attractive choice to large corporations turning to clean technologies to maximize savings. The system offers many benefits to customers including but not limited to: monitoring chiller performance every 15 minutes thereby extending the life of the equipment, diagnosing and troubleshooting inefficiencies found in analysis, measuring the results of corrective actions, and providing cost analyses of suggested improvements. EffTec's customers include many Fortune 100 companies, universities, and major healthcare facilities across the US.

    For more information, visit www.efftec.com

    FORWARD-LOOKING STATEMENTS

    With the exception of historical information, this press release contains forward-looking statements as that are made pursuant to the "safe harbor" provisions as defined within The Private Securities Litigation Reform Act of 1995 (the "PSLRA"). Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions such as "will be". In addition, any other statements which contain characterizations of future events or circumstances are forward-looking statements. These statements are based upon management's current expectations as of the date of this press release. Actual results may differ materially from the expectations contained in this press release due to a number of risks and uncertainties, such as general economic conditions that could limit the acceptance of EffTec's product, increased competition, any event leading to the termination of key executive employees, the ability to provide EffTrack(TM) monitoring systems to our customers and other risks relating to our business. EffTec does not undertake any responsibility to publicly update any forward-looking statements to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

    Financial Communications Contact:

    Paramount Advisors, LLC
    Michael Irving
    407-878-5060
    mike@parvise.com

    EffTec International, Inc.

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




    Nick Cannon Partners with Safe Communications, Inc.Cannon to appear on Capitol Hill in support of Rep. Ed Markey and Rep. Joe Barton's new child Internet safety bill.

    SCOTTSDALE, Ariz., Feb. 16, 2012 /PRNewswire/ -- Safe Communications, Inc. announced today that multi-media mogul, actor, TV host and comedian Nick Cannon has partnered with Safe Communications as its spokesperson.

    Cannon is scheduled to represent Safe Communications in a Congressional Briefing/Press Conference on Capitol Hill regarding child safety legislation, "Do Not Track Kids Act of 2011" (H.R. 1895), to be held on March 7th. The conference is being chaired by Rep. Joe Barton (R-TX) and Rep. Ed Markey (D-TX) with many other Congressmen attending. Barton and Markey serve as Co-Chairmen of the Congressional Privacy Caucus. The pending legislation establishes clear rules regarding child privacy and requires verifiable parental consent. Under the new rule, the FTC would be instructed to place strict limitations on the use of children's personal information. With over 5 million kids under the age of 10 on Facebook, children are exposed to outside exploitation and predators like never before. Safe Communications has been an active participant in the coalition behind the legislation. Cannon will also be the featured guest with the official launch of Safe's new virtual world, Kuboo.com, in late March.

    About Nick Cannon: In addition to overseeing many film and TV projects currently in development through his company, NCredible Entertainment, Cannon also serves as the CEO of teen magazine Celebrity High and is Chairman of TeenNick, Nickelodeon's (subsidiary of Viacom) television network aimed at the teen audience. Cannon is host of NBC's hit talent competition show "America"s Got Talent" as well as his own nationally syndicated Top 40 weekend countdown radio show called "Cannon's Countdown." He can also be seen as a series regular on the new Lorne Michaels (Saturday Night Live, 30 Rock) produced NBC scripted comedy show, "Up All Night," opposite Maya Rudolph, Christina Applegate and Will Arnett, which airs Thursdays at 9:30 p.m. ET.

    About Safe Communications:

    Safe Communications, Inc. provides open and secure family communications that are in step with today's advances in social media. While protecting our most precious asset, our children, our systems are designed to enhance the quality and frequency of day-to-day communications among family members. We allow users to experience the marvel of advanced technology without fear or danger.

    Safe Communications' products, led by MouseMail.com, are designed for the modern family on the go. Early detection devices warn parents of potential abuse and inappropriate content, allowing secure, open exchange with loved ones and friends. Safe Communications designs products so that your children can enjoy the electronic ride without being exposed to potential harm or abuse. For more information, contact info@safecommunications.com or visit us online at www.mousemail.com or www.Kuboo.com.

    Contact: www.safecommunications.com

    Alan "Skip" Davidson
    Tel: 702-868-7855
    toptick_98@yahoo.com

    Copyright 2010 Safe Communications, Inc. Trading Symbol SGTB.PK

    Safe Communications, Inc.

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




    CimatronE Speeds Design of Molds for Mobile & Handheld DevicesSpecialized applicative tools in CimatronE 10 dramatically simplify the design of components typically found in molds for cellphones, laptops, and other handheld and mobile devices

    GIVAT SHMUEL, Israel, February 16, 2012 /PRNewswire/ --

    Cimatron Limited [http://www.cimatron.com ] today announced that CimatronE 10 contains important enhancements for the mobile-electronic industry.

    CimatronE 10 offers a new Lifter applicative tool and a new Insert applicative tool. The Lifter application uses commercial or user designed catalog parts to automatically create any type of lifter, no matter how complex. The Insert application creates multiple inserts simultaneously. Both applications automatically create pockets in the relevant mold plates.

    "Cimatron's new applicative tools have the potential to dramatically simplify the design of complex molds, leading to significant time savings in mold design process" said Ira Bareket, Cimatron's VP Sales and Marketing.

    "These applications are especially useful in the mobile and handheld device industries, where a large number of lifters and inserts are found in molds," said Mr Bareket. "In addition, the Lifter application offers significant advantages in the automotive industry where a quick, easy operation now replaces modeling for complex lifters."

    In addition to replacing routine modeling operations, these applicative tools enable Early Machining to take place. As inserts and lifters, and their relevant pockets in the cavity or core can be established at a very early stage of design, they can also be machined earlier. Performing milling and wire EDM operations early significantly reduces overall delivery time.

    About Cimatron

    With 30 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM software solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles and ultimately shorten product delivery time.

    The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design [http://www.cimatron.com/Main/general.aspx?FolderID=2997&lang=EN ], die design [http://www.cimatron.com/Main/general.aspx?FolderID=4470&lang=EN ], electrodes design [http://www.cimatron.com/Main/general.aspx?FolderID=4515&lang=EN ], 2.5 to 5 axes milling [http://www.cimatron.com/Main/general.aspx?FolderID=4471&lang=EN ], wire EDM [http://www.gibbscam.com/solutions/index.php?so=58 ], turn [http://www.gibbscam.com/solutions/index.php?so=2 ], mill-turn [http://www.gibbscam.com/solutions/index.php?page=modules-overview ], rotary milling [http://www.gibbscam.com/solutions/index.php?page=modules-overview ], multi-task machining [http://www.gibbscam.com/solutions/index.php?so=2 ], and tombstone machining [http://www.gibbscam.com/solutions/index.php?page=modules-overview ]. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

    Cimatron's shares are publicly traded on the NASDAQ exchange and the Tel Aviv Stock Exchange under the symbol CIMT. For more information, please visit Cimatron's web site at: http://www.cimatron.com

    This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to Cimatron's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Cimatron's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycles, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties related to Cimatron's business, refer to Cimatron's filings with the Securities and Exchange Commission. Cimatron cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

    For More Information Contact:

    Idit Pass Lagziel Marketing Manager Cimatron Ltd. Phone: +972-73-237-0298 Email: iditp@cimatron.com Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-73-237-0114 Email: ilane@cimatron.com

    Cimatron Ltd



    MGM Resorts' M life Members Now Earn Rewards for Enjoying Restaurants, Shows and MoreVisit new mlife.com to create dream vacation across 15 MGM Resorts International properties; book it with one click and share with friends

    LAS VEGAS, Feb. 16, 2012 /PRNewswire/ -- MGM Resorts International's M life has expanded beyond a players club and is available to all guests, transforming everyday travelers into high rollers. Members now are rewarded for virtually every dollar spent at 15 world-renowned destinations in Las Vegas and across the U.S. The new mlife.com bundles experiences from across the "Astonishing World of MGM Resorts International" into one itinerary. Dream vacations instantly can be shared with friends and family via popular social media networks.

    Upon logging in to mlife.com, members will find personalized offers tailored to them. Members have the convenience of bundling endless experiences across MGM Resorts' properties - booking a newly remodeled room at MGM Grand, reserving dinner at Bellagio's Picasso, purchasing tickets for The Beatles(TM) Love(TM) by Cirque du Soleil(R) at The Mirage - with just the click of a button; then boosting their social clout using the site's built-in functionality to share their epic vacation plans via e-mail, Twitter, Facebook and more. Friends and family can book any part of the trip themselves or collaborate on a wish list of experiences for a group getaway. The premier rewards program also offers exclusive, members-only adventures and personalized offers.

    Learn More about M life: http://multivu.com/46350-m-life

    "M life now rewards all of our members, providing a significant competitive advantage for our company that will lead to more spend captured at MGM Resorts' properties and stronger financial performance for the company overall," said Bill Hornbuckle, the Company's Chief Marketing Officer. "With the newly redesigned mlife.com, which we believe is the industry's best, we've completely changed the consumer booking experience and now fully leverage our collection of resorts."

    Drawing from MGM Resorts' unmatched portfolio of amenities, M life also features nearly 100 new M life Moments, ranging from a private dinner on New York-New York's Brooklyn Bridge to fantasy batting practice at Detroit's Comerica Park with a former Tigers' pitcher.

    By invitation only during initial launch, M life's NOIR Tier Level now is accessible to all members with a minimum of one million Tier Credits, giving the company's best customers the opportunity to achieve the top level and earn even greater benefits.

    M life members enjoy benefits and unprecedented access at ARIA, Bellagio, Vdara, MGM Grand, The Signature at MGM Grand, Mandalay Bay, THEhotel at Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxor and Excalibur in Las Vegas; Beau Rivage and Gold Strike in Mississippi; and MGM Grand Detroit.

    What's New:

    --  More Benefits - M life members, including non-casino customers, are now
    rewarded for virtually every dollar spent on hotel stays, restaurants,
    entertainment, attractions, spas, casinos and more at MGM Resorts' 15
    participating resorts, earning Tier Credits and additional rewards with
    each Tier Level.
    --  mlife.com - The redesigned mlife.com revolutionizes trip planning by
    allowing members and guests to the site to browse, discover and tag
    their favorite amenities within MGM Resorts International's portfolio of
    brands and easily bundle them into one itinerary. Selecting from
    restaurants helmed by celebrity chefs, award-winning resorts,
    internationally acclaimed shows and more, it's easy to create a dream
    virtual itinerary. Leveraging the growing trend of social sharing,
    mlife.com integrates a new functionality to create a shareable virtual
    itinerary, allowing friends and family to easily book the same trip, or
    any portion of it.
    --  M life Moments - M life Moments are exclusive to MGM Resorts and only
    can be enjoyed by M life members. As members reach new Tier Levels, they
    unlock access to Moments that provide once-in-a-lifetime experiences at
    their favorite resorts.
    --  NOIR Tier Level - With the public reveal of the exclusive NOIR Tier
    Level, members now have the opportunity to aspire to the top and earn
    even greater benefits.
    

    Key M life Elements:

    --  Tier Levels - M life has five member tiers - Sapphire, Pearl, Gold,
    Platinum and the new, premium NOIR. New members can sign up for free and
    start at the Sapphire tier with immediate benefits for hotel stays,
    entertainment and more.  As they earn their way to higher tiers, they
    will enjoy additional benefits.
    --  Tier Benefits - Members enjoy special hotel offers, pre-sale access to
    concert and fight tickets, priority reservations and priority hotel
    check-in, room upgrades, VIP services and more, based on Tier Level. As
    members graduate to the next level, they earn additional benefits.
    --  Preferred Partnerships - By establishing preferred partnerships with
    premier companies such as Ameristar Casinos, Inc., sbe, Avis Budget
    Group and Dover Downs Gaming & Entertainment, M life provides members
    additional value, access and offers with brands throughout the country;
    soon these alliances will include M life Moments that capitalize on
    these partners' unique assets.
    

    M life Resources:

    --  Register for M life: www.mlife.com
    --  Become a Fan on Facebook: http://www.facebook.com/MlifeRewards
    --  Twitter: http://twitter.com/MlifeVegas
    --  M life Mobile App http://mgmresorts.com/mobile/mlife.aspx
    --  FAQs: https://www.mlife.com/non-overview/faq.aspx
    --  M life Moments: https://www.mlife.com/non-moments/
    --  One-stop location to all available resources:
    http://multivu.com/46350-m-life
    
    MGM Resorts International

    CONTACT: CONTACT: Natalie Mounier, Kirvin Doak Communications,
    +1-702-737-3100, nmounier@kirvindoak.com, Sandy Zanella, MGM Resorts
    International, +1-702-604-4124, zanellas@mgmresorts.com

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




    Bitauto to Report Fourth Quarter and Fiscal Year 2011 Unaudited Financial Results on Thursday, March 1, 2012

    BEIJING, Feb. 16, 2012 /PRNewswire-Asia-FirstCall/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") , a leading provider of Internet content and marketing services for China's fast-growing automotive industry, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2011, before the U.S. market opens on Thursday, March 1, 2012. Bitauto's management will hold an earnings conference call at 8 AM on March 1, 2012 U.S. Eastern Time (9 PM on March 1, 2012 Beijing/Hong Kong time).

    Dial-in details for the earnings conference call are as follows:

    US: +1-718-3541-231 Hong Kong: +852-2475-0994 or 800-930-346 China: 400-6208-038 or 800-8190-121 International: +65-6723-9381 Conference ID: 48962418

    A replay of the conference call may be accessed by phone at the following number until March 8, 2012:

    US: +1-718-3541-232 International: +61-2-8235-5000 Conference ID: 48962418

    Additionally, a live and archived webcast of this conference call will be available at http://ir.bitauto.com/.

    About Bitauto Holdings Limited

    Bitauto Holdings Limited is a leading provider of Internet content and marketing services for China's fast-growing automotive industry. The Company's bitauto.com and ucar.cn websites provide consumers with up-to-date new and used automobile pricing information, specifications, reviews and consumer feedback. The Company also distributes its dealer customers' automobile pricing and promotional information through its partner websites, including major portals operated by Tencent, Sina, NetEase, Yahoo China and Tom Online, as well as social networking websites Renren and Kaixin.

    Bitauto manages its businesses in three segments, namely bitauto.com business, ucar.cn business and digital marketing solutions business. The Company's bitauto.com business provides subscription services to new automobile dealers that enable them to list pricing and promotional information on the Company's bitauto.com website and partner websites. The Company also provides advertising services to dealers and automakers on its bitauto.com website. The Company's ucar.cn business provides listing services to used automobile dealers that enable them to display used automobile inventory information on the Company's ucar.cn website and partner websites. The Company also provides advertising services to used automobile dealers and automakers with certified pre-owned automobile programs on its ucar.cn website. The Company's digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns and advertising agent services.

    For more information, please visit ir.bitauto.com.

    For investor and media inquiries, please contact: Beijing IR Department Bitauto Holdings Limited +86 (10) 6849-2145 ir@bitauto.com Martin Reidy Brunswick Group LLP +86 (10) 5960-8600 bitauto@brunswickgroup.com New York Cindy Zheng Brunswick Group LLP +1 (212) 333-3810 bitauto@brunswickgroup.com

    Bitauto Holdings Limited



    AT&T Invests More Than $70 Million in New Hampshire from 2009 Through 2011 to Improve Local NetworksCompany Builds New Cell Sites, Boosts Capacity and Adds Fiber Optics to Enhance Networks

    MANCHESTER, N.H., Feb. 16, 2012 /PRNewswire/ -- AT&T* invested more than $70 million in its New Hampshire wireless and wireline networks from 2009 through 2011 with a focus on improving the company's mobile broadband coverage and overall performance of its networks.

    During 2011, AT&T made more than 525 wireless network upgrades in four key categories in New Hampshire. These enhancements include:

    --  Activating nearly 25 new cell sites or towers to improve network
    coverage.
    --  Deploying faster fiber-optic connections to nearly 225 cell sites.
    Combined with HSPA+ technology, these deployments enable 4G speeds**.
    --  Adding capacity or an extra layer of frequency to cell sites - like
    adding lanes to a highway - with the addition of more than 225 of these
    layers, or "carriers".
    --  Upgrading nearly 60 cell sites to provide fast mobile broadband speeds.
    

    "More than ever, we use wireless communications to stay connected with family, friends and business colleagues," said Patricia Jacobs, president, AT&T New England. "The investments that we continue to make for our customers in New Hampshire are enabling the innovation of today and tomorrow while enhancing economic growth and stimulating jobs."

    CNN Money recently recognized AT&T for enhancing its wireless network. Last year, AT&T completed 150,000 network enhancements across the country, more than triple the year before, giving customers more capacity and faster speeds, as well as improving 3G dropped-call performance by 25 percent.

    "Our goal is to deliver a network experience that mobilizes everything for customers," said Steve Krom, vice president and general manager, AT&T New England. "The ongoing investment we're making in New Hampshire is designed to increase coverage and reliability, and to provide advanced services to our customers."

    AT&T plans to support the build or upgrade of thousands of cell sites nationwide to increase network speed, coverage and reliability for both mobile voice and broadband services. In addition, AT&T plans to install additional radio "carriers" at thousands of cell sites nationally, enabling new layers of spectrum capacity to carry larger volumes of mobile broadband traffic. Additional capacity helps support rising mobile data traffic volumes, which continue to increase at a rapid pace.

    AT&T operates the nation's largest Wi-Fi network*** with nearly 30,000 hotspots in the U.S. and provides access to nearly 220,000 hotspots globally through roaming agreements. Most AT&T smartphone customers get access to our entire national Wi-Fi network at no additional cost, and Wi-Fi usage doesn't count against customers' monthly wireless data plans.

    For more information about AT&T's coverage in New Hampshire or anywhere in the United States, consumers can visit the AT&T Coverage Viewer. Using the online tool, AT&T customers can measure quality of coverage from a street address, intersection, ZIP code or even a landmark. For updates on the AT&T wireless network, please visit the AT&T network news page.

    *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

    **4G speeds delivered by HSPA+ with enhanced backhaul. Available in limited areas. Availability increasing with ongoing backhaul deployment. 4G device required. Learn more at att.com/network.

    *** Largest based on company branded and operated hotspots. Access includes AT&T Wi-Fi Basic. A Wi-Fi enabled device required. Other restrictions apply. See www.attwifi.com for details and locations.

    About AT&T

    AT&T Inc. is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T ?DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.

    Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATT.

    (C) 2012 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

    Cautionary Language Concerning Forward-Looking StatementsInformation set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

    AT&T Inc.

    CONTACT: Meaghan Wims of Duffy & Shanley for AT&T New England,
    +1-401-278-4434, mwims@duffyshanley.com

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




    Callaway Golf Announces Availability of RAZR X HL Irons and HybridsSuper Game Improvement Clubs Deliver Confidence, Forgiveness and Playability

    CARLSBAD, Calif., Feb. 16, 2012 /PRNewswire/ -- Callaway Golf Company today announced the retail availability of the new RAZR X(R) HL Irons and Hybrids, engineered to package maximum distance with uncompromising forgiveness for golfers looking to bring their game to the next level.

    The super game-improvement RAZR X HL Irons feature a cast stainless steel design with a wide, confidence-inspiring sole for smooth turf interaction. A low center of gravity makes the sweet spot more accessible at lower impact locations on the face where many amateurs strike the ball, delivering longer, more consistent distance and improved accuracy. The RAZR X HL Irons also have a fully integrated clubface/undercut cavity system, enabling engineers to precisely position the center of gravity and engineer the face of each individual iron to maximize ball speed. The multi-material medallion on the back of the clubhead is made of aluminum and thermoplastic polyurethane to fine-tune sound and enhance feel.

    Golfers who are looking to fill distance gaps in their game can customize their set by substituting RAZR X HL Hybrids where irons challenge their confidence or consistency. The RAZR X HL Hybrids feature moderate offset and are designed to help get the ball airborne. The clubface has a Zero Roll Design, which produces a higher launch angle on shots hit low on the face for increased distance and softer landings.

    "In designing the RAZR X HL Irons, our goal was to provide a club that would inspire confidence and make the game more enjoyable. The low center of gravity, large sweet spot and wide-sole design all work together to help get the ball airborne and add distance to your game," said Luke Williams, Senior Director, Global Woods and Irons, Callaway Golf. "The RAZR X HL Hybrids were designed to seamlessly complement the RAZR X HL Irons in the set. Like the irons, the hybrids deliver maximum forgiveness and distance with a high trajectory that makes it easier to land the ball softly on the green."

    The RAZR X HL Irons are available now for a new product introduction retail price of $599 for a steel-shafted set, and $799 for a graphite-shafted set. A combo set of six irons and two hybrids are available for $799 with graphite shafts. A combo set with steel shafts in the irons and graphite shafts in the hybrids are available for $699.

    For specific information regarding the RAZR X HL Irons and Hybrids, please visit http://www.callawaygolf.com/. High-resolution images of all products are available for immediate download via the Media Center portion of Callaway's website: www.callawaygolf.com/PressCenter.

    About Callaway Golf

    Through an unwavering commitment to innovation, Callaway Golf Company creates products and services designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf apparel, footwear and accessories, under the Callaway Golf(R), Odyssey(R), Top-Flite(R), and Ben Hogan(R) brands in more than 110 countries worldwide. For more information please visit www.callawaygolf.com or shop.callawaygolf.com.

    CONTACT:
    Tim Sweeney
    Callaway Golf Company
    760-804-4017
    Tim.Sweeney@CallawayGolf.com

    (Logo: http://photos.prnewswire.com/prnh/20091203/CGLOGO)

    Photo: http://photos.prnewswire.com/prnh/20091203/CGLOGO
    PRN Photo Desk, photodesk@prnewswire.com Callaway Golf Company

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




    Oce Arizona 318 GL UV Printer Offers True Flatbed Versatility Without CompromiseAward-winning Oce Arizona print quality at a price designed for low-volume production environments

    TRUMBULL, Conn., Feb. 16, 2012 /PRNewswire/ -- Oce, a Canon Group Company and an international leader in digital document management and printing for professionals, today announced the new Oce Arizona((R)) 318 GL printer, a highly-capable introductory UV flatbed model that offers smaller print producers entrance to the world of award-winning, high-quality UV flatbed printing. The Oce Arizona 318 GL printer makes its worldwide debut at the FESPA Digital 2012 exhibition in Barcelona, February 21-24, 2012. It will make its U.S. debut at the International Sign Expo in Orlando, March 22-24, 2012.

    (Logo: http://photos.prnewswire.com/prnh/20101018/CG84120LOGO)

    Popular UV flatbed printer series

    According to IT Strategies, a Hanover, MA industry research firm, the Oce Arizona product range(1) has the leading installed base of printers in the <$200,000 UV Flatbed category. Since the first shipment of an Oce Arizona Series printer in 2007, nearly 3,000 systems built on this platform have been shipped to date.

    "The popularity of the Oce Arizona Series in the market is validation of the benefits and opportunities it provides to our customers," said Attilio Mainoli, CEO of Oce Display Graphics Systems. "The Oce Arizona 318 GL model gives smaller shops - those that thought they couldn't afford an Oce Arizona model - the same application versatility as our other Oce Arizona models at an affordable price point."

    Affordable flatbed printing

    The Oce Arizona 318 GL printer delivers quality printing on the same robust platform as the Oce Arizona 360 GT printer at a price positioned for low-volume production environments - while delivering the same application versatility. The Oce Arizona 318 GL printer is available fully installed and operational for less than $100,000(2). It is ideal for sign makers, smaller print providers, reprographers and other graphics producers that need true flatbed quality and capability but cannot afford a large capital investment.

    "For quite some time, we have been looking for a UV curable, rigid substrate printer to sell as an introductory model," said Jamie Powers, Digital Specialist with Reece Supply, a distributor of Oce Arizona Series printers in the U.S. "Nothing that I have seen to date could provide the quality at a price point that I felt the small and mid-size sign shops need in order to compete with the larger print providers. After seeing the Oce Arizona 318 GL printer in action, I am glad to say we have finally found the printer I have been looking for. The overall image quality, speed and options you get for the price will make the Oce Arizona 318 GL printer a big hit."

    With the Oce Arizona 318 GL printer, print providers can produce sellable output with print speeds of up to 194 square feet per hour in Express Mode, producing more than twenty 2- by 3-foot boards per hour.

    In addition to the lower price-point, value-priced ONYX((R)) PosterShop((R)) X10 Oce Edition software is available to drive the printer. ONYX PosterShop software increases productivity by giving users flexible control over their workflow. It includes advanced and custom nesting tools for maximum media savings as well as a white ink tool for fast job preparation.

    True flatbed enables a versatile range of applications

    The Oce Arizona 318 GL printer can print on rigid media up to 49.2 inches wide by 98.4 inches long and up to 1.89 inches thick. The true flatbed design holds media stationary on a flatbed vacuum table assuring registration. The true flatbed architecture allows for edge-to-edge printing (full bleed), the printing of multiple boards simultaneously, registered double-sided prints and the printing of large displays tiled over several boards - all applications that are difficult to produce on printers that move the media through the printing system. This true flatbed architecture enables printing on irregularly-shaped or non-square items, heavy substrates, unusually smooth media such as glass, or materials that have an uneven surface such as plywood or framed canvas.

    Options increase flexibility

    An available factory-installed White Ink Option enables under-printing for non-white media or objects, over-printing for backlit applications on transparent media and printing white as a spot color. The White Ink Option provides potential high-value, high margin application opportunities, and, since 2008, more than 90% of Oce Arizona printer purchasers have selected this option for their printer.

    A Roll Media Option is also available, giving print providers the ability to print onto flexible media including vinyl, self-adhesive vinyl, scrim banner, paper and blue backed paper without compromising the rigid printing workflow. Entire campaigns - including rigid signs, banners and posters - can be created on one printer, ensuring quality and consistency across all printed items.

    A real Oce Arizona printer in every way

    Like all Oce Arizona Series printers, the Oce Arizona 318 GL printer includes Oce VariaDot((R)) imaging technology for award-winning, high-quality output. Oce VariaDot technology does not require "light" colors to achieve high image quality and as a result uses significantly less ink - less than half that of many competitive systems.

    The Oce Arizona 318 GL printer includes a UV curing system designed by Oce that provides more UV energy to support difficult-to-cure media, while reducing heat at the media surface. It also features a new-style tabletop that allows very thin media to be printed directly on the table without mechanical distortion of the media into the vacuum holes.

    Highly honored UV flatbed printer series

    All Oce Arizona Series printers - including the new Oce Arizona 318 GL model - share the same award-winning image quality and robust architecture, offering the Oce values of quality, reliability, productivity and user-friendliness. In all, Oce Arizona Series UV flatbed printers have earned 27 industry awards to date from organizations throughout the world. These awards validate the quality and innovation built into every Oce Arizona Series printer.

    About Oce Display Graphics Systems

    Oce Display Graphics Systems is a leading provider of professional, wide format solutions for indoor and outdoor color display graphics applications. Oce solutions are specifically designed to enhance the revenue and profit opportunities for service providers by combining hardware with workflow software and the expertise to help companies expand into digital large format color. From extremely high-quality UV flatbed printers to roll-based printers and advanced finishing systems, Oce offers a total solution including hardware, software, imaging supplies, finishing systems, applications expertise, hardware support and financing. Customers benefit in working with a full-service partner they can count on to help their businesses grow.

    About Oce

    Oce is one of the leading providers of document management and printing for professionals. The Oce offering includes office printing and copying systems, high speed digital production printers and wide format printing systems for both technical documentation and color display graphics. Oce is also a foremost supplier of document management outsourcing. Many of the Fortune Global 500 companies and leading commercial printers are Oce customers. The company was founded in 1877. With headquarters in Venlo, The Netherlands, Oce is active in over 100 countries and employs more than 20,000 people worldwide. Oce North America is headquartered in Trumbull, CT, with additional business units in Chicago, IL and Boca Raton, FL. For more information, visit www.oce.com.

    Oce and Canon: Stronger together

    In 2010 Oce joined the Canon Group of companies with headquarters in Tokyo, Japan, to create the global leader in the printing industry. Canon develops, manufactures and markets a growing line-up of copying machines, printers, cameras, optical and other products that meet a diverse range of customer needs. The Canon Group comprises over 198,000 employees worldwide. Global net sales in 2011 totaled USD 45.6 billion. Visit the Canon Inc. website at www.canon.com.

    About Canon U.S.A., Inc.

    Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions. With more than $45 billion in global revenue, its parent company, Canon Inc. , ranks fourth overall in patent holdings in the U.S. in 2010(3) and is one of Fortune Magazine's World's Most Admired Companies in 2011. Canon U.S.A. is committed to the highest levels of customer satisfaction and loyalty, providing 100 percent U.S.-based consumer service and support for all of the products it distributes. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss.

    All referenced product names, and other marks, are trademarks of their respective owners.

    (1) "Oce Arizona Series product range" includes Oce Arizona Series printers and FUJIFILM Acuity printers.

    (2) Dollar amount includes Oce Arizona 318 GL printer with standard features, delivery, installation and starter kit. Other options, software and accessories are available at additional cost.

    (3) Based on weekly patent counts issued by United States Patent and Trademark Office.

    Photo: http://photos.prnewswire.com/prnh/20101018/CG84120LOGO
    PRN Photo Desk, photodesk@prnewswire.com Oce North America

    CONTACT: Kelli Ramirez of Oce Display Graphics Systems, +1-530-346-2146,
    kelli.ramirez@oce.com

    Web site: http://www.oce.com/
    http://www.canon.com/




    Trimble Introduces Visual Cargo Solution in India to Manage On-Road Supply Chain Logistics

    SUNNYVALE, Calif., Feb. 16, 2012 /PRNewswire/ -- Trimble introduced today a new cloud-based solution that provides on-road supply chain visibility to enhance efficiency for the transport and logistics industry in India--Trimble(R) trako Visual Cargo. With standard, easy-to-use application process interfaces (API), shippers can seamlessly integrate Visual Cargo with its ERP/TMS system and vehicle location data from the Trimble trako Fleet Management solution to provide trip-based tracking of goods, transit schedule, route and safety compliance.

    Visual Cargo is a service-oriented architecture (SOA) based software solution that provides on-demand visibility--from loading to delivery location--of cargo vehicles using Trimble GPS devices. It is a single, common platform for supply chain stake holders, which include consigners, consignees, transporters and vehicle owners, to track and manage the movement of goods in transit.

    "Our market research and customer feedback within the Asia Pacific markets indicates that shippers and manufacturers are in critical need of an integrated on-road visibility tool. Visual Cargo enables real-time visibility of their goods in transit to ensure on-time delivery, improve turnaround time and enhance safety compliance," said Ron Konezny, general manager of Trimble's Transport & Logistics Division.

    An Ideal Solution for Road Transportation and Logistics

    The power of Trimble's Visual Cargo solution allows large enterprises to track outbound cargo deliveries by viewing schedules with respect to defined routes. Its logistics dashboards are specifically designed to provide real-time status of goods in transit such as on-trip, delayed, stationary, off-route or nearing destination. This allows dispatchers, logistics managers, warehouse managers, sales and marketing managers and other stake holders in the supply chain to enhance operational efficiency and improve customer service.

    In addition, Visual Cargo includes a unique trip performance measurement (KPI) tool to deliver carrier and driver performance ratings. The tool not only helps dispatchers to evaluate the performance of each contracted carrier/driver but also helps the enterprise to analyze its logistics network.

    "The transportation and logistics market in India is very complex with fragmented ownership of vehicles. Shippers are dependent on multiple transporters and vehicle owners to deliver goods. This complexity triggered us to tailor an enterprise solution for shippers where we offer GPS-based fleet management combined with Visual Cargo solution to transporters/vehicle owners. Its innovative access control mechanism offers trip-based visibility, alerting and reporting to relevant stake holders in the supply chain," said Rajan Aiyer, Trimble's managing director for India. "Leading enterprise customers with nationwide transportation & logistics operations in industries such as auto manufacturing, fast moving consumer goods (FMCG), hazardous materials and courier services have successfully implemented our solution and derived significant operational efficiencies."

    The Trimble trako Visual Cargo solution includes:

    --  Trip-based GPS tracking of cargo, transit schedule, route and safety
    compliance
    --  Logistics operational dashboards to provide vehicle status alerts such
    as en route stoppage, delayed, off route, delivery and safety adherence
    --  Real-time Expected Time of Delivery (ETD) prediction
    --  Trip performance rating index of the carrier and/or driver Multi-level,
    role-based access to consigners, consignees, transporters and other
    stake holders
    --  Vehicle availability tool for load planning
    --  Dynamically generated route engine and route compliance alert system
    

    The Trimble trako Visual Cargo solution and its optional Web service components are available to existing Trimble trako fleet management customers in India market. For more information visit: www.trimbletrako.com or contact: trako_care@trimble.com.

    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: Willa McManmon, Investors, +1-408-481-7838,
    willa_mcmanmon@trimble.com; or Lea Ann McNabb, Media, +1-408-481-7808,
    leaann_mcnabb@trimble.com

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




    OmniVision Announces Ultra-Compact 720p HD Image Sensor for Next-Generation Mobile DevicesNew OmniBSI+(TM) Pixel Architecture Enables HD Camera Solution for Ultra-Thin, Narrow Bezel Smartphones, Notebooks and Tablets

    SANTA CLARA, Calif., Feb. 16, 2012 /PRNewswire/ -- OmniVision Technologies, Inc. , a leading developer of advanced digital imaging solutions, today introduced the OV9724,an ultra-compact, , high-performance image sensor offering 720p high-definition (HD) video in an industry-leading miniaturized form factor. Developed specifically for highly compact designs, the OV9724 CameraChip(TM) sensor leverages OmniVision's new 1.4-micron OmniBSI+(TM) pixel to enable camera modules of less than 2.5 mm in height. This unprecedented combination of high performance and small form factor allows HD cameras to be integrated into ultra-slim, narrow-bezel devices, making it an attractive solution for next-generation smartphones, notebooks, tablets, portable gaming systems and other mobile devices.

    Additionally, OmniVision introduced the OVM9724, which corresponds to the OV9724, packaged in OmniVision's proprietary CameraCube(TM) format. The OVM9724 offers an easy-to-integrate, cost-effective camera solution for even thinner bezel notebook and tablet designs.

    "The OV9724 further establishes OmniVision's role in defining the future of mobile imaging," said Nick Nam, director of product marketing at OmniVision. "Enabled by our latest OmniBSI+ technology, the extremely small and low-power OV9724 allows manufacturers to integrate high-performance HD video into extremely slim devices at a highly competitive price point. It is also designed to satisfy all major industry standard performance and quality requirements currently prevailing in the market, offering customers an extensive range of options for use in advanced imaging systems."

    The 1/9-inch OV9724 CameraChip sensor is built on OmniVision's powerful 1.4-micron OmniBSI+ pixel architecture, enabling 720p HD video capture at 30 frames per second (FPS) or cropped VGA at 60 FPS. It provides full-frame, sub-sampled or windowed 8- and 10-bit images. All required image processing functions, including exposure control and defective pixel cancelling are programmable through the serial camera control bus (SCCB) interface.

    The OV9724 comes with a one-lane MIPI interface and fits into a 6 mm x 4.5 mm x 2.5 mm module size. It is currently available for sampling and is expected to go into volume production in the second quarter of 2012. The OVM9724 comes in a 4 mm x 3 mm x 2.5 mm CameraCube module and is expected to start sampling early in the second quarter of 2012.

    About OmniVision

    OmniVision Technologies is a leading developer of advanced digital imaging solutions. Its award-winning CMOS imaging technology enables superior image quality in many of today's consumer and commercial applications, including mobile phones, notebooks, tablets and webcams, digital still and video cameras, security and surveillance, entertainment devices, automotive and medical imaging systems. Find out more at http://www.ovt.com.

    Safe-Harbor Language

    Certain statements in this press release, including statements regarding the expected benefits, performance, capabilities, and potential market appeal, as well as anticipated timing of mass production, of the OV9724 and OVM9724 are forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward-looking statements and OmniVision's results to differ materially, include, without limitation: potential errors, design flaws or other problems with OV9724 and OVM9724, customer acceptance, demand, and other risks detailed from time to time in OmniVision's Securities and Exchange Commission filings and reports, including, but not limited to, OmniVision's annual report filed on Form 10-K and quarterly reports filed on Form 10-Q. OmniVision expressly disclaims any obligation to update information contained in any forward-looking statement.

    OmniVision(R) and the OmniVision logo are registered trademarks of OmniVision Technologies, Inc. OmniBSI+(TM), CameraChip(TM) and CameraCube(TM) are trademarks of OmniVision Technologies, Inc. All other trademarks are the property of their respective owners.

    OmniVision Technologies, Inc.

    CONTACT: CONTACT: Media, Martijn Pierik, Impress Labs, +1-602-366-5599,
    martijn@impresslabs.com, Company, Scott Foster, OmniVision Technologies,
    +1-408-567-3077, sfoster@ovt.com, Investor Relations, Mary McGowan, Summit
    IR Group Inc., +1-408-653-3263, invest@ovt.com

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




    Orbitz Worldwide, Inc. Earnings Press Release Available on Company's Investor Relations Website

    CHICAGO, Feb. 16, 2012 /PRNewswire/ -- Orbitz Worldwide, Inc. today announced the company's financial results for the fourth quarter and year ended December 31, 2011 through a press release that is available now at the Orbitz Worldwide Investor Relations website at http://investors.orbitz.com. The press release is also available on the Securities and Exchange Commission's website at www.sec.gov. As announced previously, the company will host a conference call today to discuss its financial results at 10:00 a.m. EST (9:00 a.m. CST).

    In addition to the press release, a live webcast of the call can be accessed at http://investors.orbitz.com. The recorded webcast will be archived on the Orbitz Worldwide Investor Relations website for at least 30 days after the date of the call.

    About Orbitz Worldwide

    Orbitz Worldwide is a leading global online travel company that uses innovative technology to enable leisure and business travelers to research, plan and book a broad range of travel products. Orbitz Worldwide owns a portfolio of consumer brands that includes Orbitz (www.orbitz.com), CheapTickets (www.cheaptickets.com), ebookers (www.ebookers.com), HotelClub (www.hotelclub.com), RatesToGo (www.ratestogo.com) and the Away Network (www.away.com). Also within the Orbitz Worldwide family, Orbitz Worldwide Distribution (corp.orbitz.com/partnerships/distribution) delivers private label travel solutions to a broad range of partners including many of the world's largest airlines, and Orbitz for Business (www.orbitzforbusiness.com) delivers managed corporate travel solutions for corporations. For more information on partnership opportunities with Orbitz Worldwide, visit corp.orbitz.com.

    Orbitz Worldwide uses its Investor Relations website to make information available to its investors and the public at http://investors.orbitz.com. You can sign up to receive email alerts whenever the company posts new information to the website.

    Photo: http://photos.prnewswire.com/prnh/20070813/AQM125LOGO
    PRN Photo Desk, photodesk@prnewswire.com Orbitz Worldwide, Inc.

    CONTACT: Media, Chris Chiames, +1-312-894-6890, chris.chiames@orbitz.com,
    Investor, Melissa Hayes, +1-312-260-2428, melissa.hayes@orbitz.com




    IBS Group Consolidates Full Control Over its IT Services Segment

    RAMSEY, Isle of Man, February 16, 2012 /PRNewswire/ --

    IBS Group has completed an acquisition of 14.09% shares in the IT services segment, consolidating its full control. IBS is a leading provider of IT Services in Russia, with 7% market share and a strategic focus on business application implementation, where it holds 18% of the market. Its core line of business is complex project implementation in IT services and IT consulting for major Russian and international corporations and the public sector, including 39 of TOP-50 Russian companies. The company builds and secures long-term customer relations based on its outstanding engineering background, innovation and deep industry expertise.

    Commenting on the transaction, the Group's President Anatoly Karachinsky said: "Streamlined corporate structure and buy-out of a minority shareholder helps maximise the IT Services segment's return for shareholders, simplify planning and budgeting and further prioritise our business development strategies."

    Dmitry Ivanov Investor Relations Director IBS Group tel: +7-495-967-8000 fax: +7-495-967-8099 cel: +7-916-618-4034 dvivanov@ibs.ru http://www.ibsgr.com

    IBS Group Holding Ltd



    Omnicell Will Demonstrate Medication Automation Interoperability at HIMSS 2012Omnicell to Present Approach to Seamless Integration with Hospital Information Systems

    MOUNTAIN VIEW, Calif., Feb. 16, 2012 /PRNewswire/ -- Omnicell, Inc. , a leading provider of medication and supply management solutions and analytics software for healthcare facilities, will showcase its interoperable Modular EHR certified G4 platform at the 2012 HIMSS Conference and Exhibition in Las Vegas at booth #6123.

    The new Omnicell fourth generation suite of solutions is designed for ease of integration with hospitals' installed information systems. The Omnicell G4 platform includes its Automated Dispensing Cabinets with an integrated Medication Label Printer, Controlled Substance Management (CSM) System, Savvy(TM) Mobile Medication System and the newly redesigned Anesthesia Workstation(TM) G4, all of which operate from a single database to increase efficiency and accuracy. Omnicell is the only company offering an automated dispensing system that is Modular EHR certified for meaningful use that works with virtually any HIS vendor.

    In addition, Omnicell will showcase the new Pandora(R) Financials, a customizable analytics software application for hospitals that presents actionable dashboard-style medication and supply inventory reports, enabling providers to easily see trends, quickly identify ways to reduce costs, and actively optimize inventory levels at remote cabinets.

    Omnicell has also been selected to demonstrate its Automated Dispensing Systems' hassle-free interoperability at the HIMSS12 Interoperability Showcase. Omnicell will be presenting as part of a Labor and Delivery profile in the Interoperability Showcase in Exhibit Booth #11000 in Hall G. This demonstration will weave together more than five connected clinical health IT solutions in a cohesive scenario to illustrate how the use of interoperable standards-based systems improve patient care. This is the second consecutive year that Omnicell will be the only automated medication system demonstrating integration with other vendors in the Showcase.

    The demonstration will feature Omnicell's automated dispensing cabinet interfacing with the other vendors to show delivery coordination of a newly admitted obstetrics patient. In the scenario, a software vendor will process the patient admission and send the information to the Omnicell medication management system. A medication order for the patient is verified by the pharmacist and sent via the information system to the Omnicell cabinet, which will seamlessly receive the medication order. A nurse then remotely issues the drug using Omnicell's Anywhere RN(TM) software running on the Savvy Mobile Medication System, allowing removal of the drug from the cabinet. Omnicell's SafetyStock(R) bar code confirmation software then ensures that the correct medication has been dispensed, which is automatically communicated back to the pharmacy.

    "Omnicell is a leader in implementing interoperable solutions that allow critical clinical information to be shared across disparate systems," said Marga Ortigas-Wedekind, Omnicell vice president, global marketing and product development. "Our expertise in interfacing with the leading hospital information systems helps ensure that clinicians have access to the correct information for patients throughout the hospital enterprise to enhance efficiency and optimize patient safety."

    Omnicell will also be presenting on the topic of Providing Seamless Integration of the Medication Automation Process on Tuesday, February 21 at 3:15 p.m. in the Education Theater of the Interoperability Showcase.

    About Omnicell

    Omnicell, Inc. is a leading provider of automated and business information solutions enabling hospitals and healthcare systems to streamline the medication administration process and manage costly medical supplies for increased operational efficiency and enhanced patient safety. Through seamless integration with a hospital's existing IT infrastructure, Omnicell solutions empower healthcare facilities to achieve comprehensive automation of medication and supply management from the arrival at the loading dock to the patient's bedside. Omnicell also provides healthcare facilities with business analytics software designed to improve medication diversion detection and regulatory compliance.

    Since 1992, more than 2,500 hospital customers worldwide have relied on Omnicell's medication automation, supply chain, and hospital analytics solutions to increase patient safety, improve efficiency and address changing healthcare regulations while providing effective control of costs, charge capture for payer reimbursement and inventory management of medications and supplies.

    For more information about Omnicell, please visit www.omnicell.com

    OMCL - G

    Omnicell, Inc.

    CONTACT: Todd Sims of Omnicell, Inc., +1-650-251-6114,
    todd.sims@omnicell.com; or Thea Lavin Schwartz of MSL, +1-415-512-0770,
    omnicell@schwartzmsl.com

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




    CBIZ Reports Fourth-Quarter and Year-End 2011 Results2011 DILUTED EPS FROM CONTINUING OPERATIONS OF $0.58 VS. $0.48 FOR PRIOR YEAR2011 CASH EPS OF $1.10 VS. $1.03 FOR PRIOR YEAR

    CLEVELAND, Feb. 16, 2012 /PRNewswire/ -- CBIZ, Inc. today announced results for the fourth quarter and year ended December 31, 2011.

    CBIZ reported revenue of $162.9 million for the fourth quarter ended December 31, 2011, compared to $164.8 million reported for the fourth quarter of 2010. Revenue from newly acquired operations, net of divestitures, contributed $3.0 million to revenue in the fourth quarter compared to the same period a year ago. During the fourth quarter of 2011, revenue in the Medical Management Professionals segment declined by slightly over $3.0 million and total Company same-unit revenue declined by $4.9 million, or by 3.0% compared to a year ago. CBIZ reported a loss from continuing operations for the quarter of $1.2 million, or ($0.02) per diluted share, which was unchanged compared with the results reported in the fourth quarter of 2010.

    For the twelve-month period ended December 31, 2011, CBIZ reported total revenue of $733.8 million, an increase of $3.4 million or 0.5%, compared to $730.4 million for the prior-year period. Results for the year ended December 31, 2010 include $6.6 million of revenue from the Company's individual wealth management business which was divested in the first quarter of 2010. Adjusting for this item, total revenue increased by 1.4% for the full year 2011 compared with 2010.

    Same-unit revenue declined by 1.3%, or $9.7 million, for 2011 compared to the same period a year ago, which included a decline of approximately $7.4 million in the Medical Management Professionals segment. Acquisitions, net of divestitures, contributed $13.1 million to revenue for 2011 compared to the same period a year ago. Income from continuing operations was $28.6 million, or $0.58 per diluted share, for the year ended December 31, 2011, compared to $28.2 million, or $0.48 per diluted share, for the same period a year ago.

    Results for the year ended December 31, 2010 included a charge of approximately $0.02 per diluted share for lease restructuring activities in connection with the acquisition of Goldstein Lewin & Company in Boca Raton, Florida, and a charge of approximately $0.02 per diluted share in connection with financing activities that occurred in the third quarter of 2010.

    The outstanding balance of the Company's $275.0 million unsecured bank line of credit at December 31, 2011 was $145.0 million compared with a balance of $118.9 million at December 31, 2010. During 2011, the Company used $29.3 million to fund acquisition-related payments and used $39.3 million to retire outstanding amounts of its 3.125% Convertible Notes. The Company repurchased 1.4 million shares of its common stock at a cost of $8.9 million during 2011.

    Cash earnings per share, a non-GAAP measure that includes certain non-cash charges and credits to income from continuing operations, was $1.10 per diluted share for the year ended December 31, 2011 compared with $1.03 per diluted share a year ago. A schedule which reconciles cash earnings per share with GAAP earnings per share is attached. Adjusted EBITDA for the year ended December 31, 2011 was $81.7 million compared to $82.3 million for the year 2010.

    "We are very pleased to report a 21% increase in diluted earnings per share for the full year of 2011 compared with 2010, and when adjusted for the lease restructuring and financing costs incurred in 2010, the increase in diluted earnings per share was 11.5% in 2011 compared with 2010," stated Steven L. Gerard, Chairman and CEO.

    "Full year results for 2011 are in line with our expectations despite the challenges we encountered in several segments of our business, including our Medical Management Professionals and property and casualty business. Notwithstanding the $7.4 million revenue decline within Medical Management Professionals in 2011, this group's management team and associates did a terrific job controlling costs and enhancing productivity so that the earnings contribution from this group was essentially flat compared with a year ago," continued Mr. Gerard.

    "We are pleased with the stability of our business which generated over $50 million of cash from operations and over $80 million in EBITDA in 2011. During the year, we announced three acquisitions and in January of 2012, we announced another two acquisitions. Combined, these newly acquired operations are expected to contribute approximately $20 million to revenue growth in 2012. We continue to assess a number of potential acquisitions and we fully expect to continue that same level of acquisition activity into 2012," concluded Mr. Gerard.

    Outlook for 2012: During 2011, the Company did not experience a significant improvement in economic conditions impacting the mid-sized businesses typically served by CBIZ, but did see a modest level of improvement throughout the year. Although management expects continued pressure on reimbursement rates to impact Medical Management Professionals' revenue, the Company expects generally improving economic conditions to continue through 2012. As a result, in 2012, the Company expects to achieve improvements to organic revenue growth rates and expects total revenue will grow within a range of 3% - 4% and diluted earnings per share will grow within a range of 6% - 8% compared with the $0.58 per share recorded for 2011. Cash flow will continue to be positive and EBITDA is projected at approximately $85 million for 2012.

    CBIZ will host a conference call later this morning to discuss its results. The call will be webcast in a listen-only mode over the Internet for the media and the public, and can be accessed at www.cbiz.com. Investors and analysts can participate in the conference call by dialing 1-877-889-2795 several minutes before 11:00 a.m. (ET). If you are dialing from outside the United States, dial 1-630-343-1248. A replay of the call will be available starting at 1:00 p.m. (ET) February 16, through midnight (ET), February 20, 2012. The dial-in number for the replay is 1-866-873-8511. If you are listening from outside the United States, dial 1-630-343-1245. The access code for the replay is 1002. A replay of the webcast will also be available on the Company's web site at www.cbiz.com.

    CBIZ, Inc. provides professional business services that help clients better manage their finances and employees. CBIZ provides its clients with financial services including accounting, tax and consulting, internal audit, merger and acquisition advisory and valuation services. Employee services include employee benefits consulting, property and casualty insurance, retirement plan consulting, payroll, life insurance, HR consulting, and executive recruitment. CBIZ also provides outsourced technology staffing and support services, real estate consulting services, healthcare consulting, and medical practice management. As one of the largest benefits specialists and one of the largest accounting, valuation, and medical practice management companies in the United States, the Company's services are provided through more than 140 Company offices in 36 states.

    Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, but are not limited to, the Company's ability to adequately manage its growth; the Company's dependence on the current trend of outsourcing business services; the Company's dependence on the services of its CEO and other key employees; competitive pricing pressures; general business and economic conditions; and changes in governmental regulation and tax laws affecting its insurance business or its business services operations. A more detailed description of such risks and uncertainties may be found in the Company's filings with the Securities and Exchange Commission.

    For further information regarding CBIZ, call our Investor Relations Office at (216) 447-9000 or visit our web site at www.cbiz.com. CBIZ, INC. FINANCIAL HIGHLIGHTS (UNAUDITED) THREE MONTHS ENDED DECEMBER 31, 2011 AND 2010 (In thousands, except percentages and per share data) THREE MONTHS ENDED DECEMBER 31, ------------ 2011 % 2010 (1) % ---- --- ------- --- Revenue $162,923 100.0% $164,784 100.0% Operating expenses 159,703 98.0% 157,050 95.3% Gross margin 3,220 2.0% 7,734 4.7% Corporate general and administrative expenses (2) 7,299 4.5% 7,085 4.3% Operating (loss) income (4,079) -2.5% 649 0.4% Other income (expense): Interest expense (3,984) -2.4% (4,994) -3.0% Gain on sale of operations, net 88 0.0% 1 0.0% Other income, net (3) (4) 4,851 3.0% 2,391 1.4% ----- --- ----- --- Total other income (expense), net 955 0.6% (2,602) -1.6% Loss from continuing operations before income tax expense (3,124) -1.9% (1,953) -1.2% Income tax benefit (1,913) (756) Loss from continuing operations (1,211) -0.7% (1,197) -0.7% Gain (loss) from operations of discontinued businesses, net of tax 25 (549) Gain on disposal of discontinued businesses, net of tax 20 22 Net loss $(1,166) -0.7% $(1,724) -1.0% Diluted loss per share: Continuing operations $(0.02) $(0.02) Discontinued operations - (0.01) Net income $(0.02) $(0.03) Diluted weighted average common shares outstanding 48,854 48,825 Other data from continuing operations: Adjusted EBIT (5) $772 $3,040 Adjusted EBITDA (5) $6,015 $8,115

    Certain amounts in the 2010 financial data have been reclassified to conform to (1) the current year presentation and revised to reflect the impact of discontinued operations. Includes expenses of $629 and $236 for the three months ended December 31, 2011 (2) and 2010, respectively, in compensation expense associated with gains from the Company's deferred compensation plan (see note 3). Excluding this item, corporate general and administrative expenses would be $6,670 and $6,849, or 4.1% and 4.2% of revenue, for the three months ended December 31, 2011 and 2010, respectively. Includes net gains of $2,320 and $2,268 for the three months ended December 31, (3) 2011 and 2010, respectively, attributable to assets held in the Company's deferred compensation plan. These net gains do not impact "loss from continuing operations before income tax expense" as they are directly offset by compensation adjustments to the Plan participants. Compensation is included in "operating expenses" and "corporate general and administrative expenses." For the three months ended December 31, 2011, amount includes income of $2,315 (4) related to decreases in the fair value of contingent consideration related to CBIZ's prior acquisitions. Adjusted EBIT represents loss from continuing operations before income taxes, (5) interest expense, and gain on sale of operations, net. Adjusted EBITDA represents Adjusted EBIT before depreciation and amortization expense of $5,243 and $5,075 for the three months ended December 31, 2011 and 2010, respectively. The Company has included Adjusted EBIT and Adjusted EBITDA data because such data is commonly used as a performance measure by analysts and investors and as a measure of the Company's ability to service debt. Adjusted EBIT and Adjusted EBITDA should not be regarded as an alternative or replacement to any measurement of performance under generally accepted accounting principles.

    CBIZ, INC. FINANCIAL HIGHLIGHTS (UNAUDITED) TWELVE MONTHS ENDED DECEMBER 31, 2011 AND 2010 (In thousands, except percentages and per share data) TWELVE MONTHS ENDED DECEMBER 31, ------------ 2011 % 2010 (1) % ---- --- ------- --- Revenue $733,805 100.0% $730,401 100.0% Operating expenses 643,867 87.7% 644,335 88.2% Gross margin 89,938 12.3% 86,066 11.8% Corporate general and administrative expenses (2) 31,985 4.4% 29,584 4.1% Operating income 57,953 7.9% 56,482 7.7% Other income (expense): Interest expense (17,355) -2.4% (15,308) -2.1% Gain on sale of operations, net 2,920 0.4% 466 0.1% Other income, net (3) (4) 3,449 0.5% 3,532 0.5% ----- --- ----- --- Total other expense, net (10,986) -1.5% (11,310) -1.5% Income from continuing operations before income tax expense 46,967 6.4% 45,172 6.2% Income tax expense 18,383 17,017 Income from continuing operations 28,584 3.9% 28,155 3.9% Loss from operations of discontinued businesses, net of tax (591) (2,668) Gain (loss) on disposal of discontinued businesses, net of tax 14 (973) Net income $28,007 3.8% $24,514 3.4% ======= ======= Diluted earnings (loss) per share: Continuing operations $0.58 $0.48 Discontinued operations (0.02) (0.06) Net income $0.56 $0.42 ===== ===== Diluted weighted average common shares outstanding 49,599 58,193 Other data from continuing operations: Adjusted EBIT (5) $61,402 $62,010 Adjusted EBITDA (5) $81,747 $82,342

    Certain amounts in the 2010 financial data have been reclassified to conform to (1) the current year presentation and revised to reflect the impact of discontinued operations. Includes expenses of $358 and $533 for the twelve months ended December 31, 2011 (2) and 2010, respectively, in compensation expense associated with gains from the Company's deferred compensation plan (see note 3). Excluding this item, corporate general and administrative expenses would be $31,627 and $29,051, or 4.3% and 4.0% of revenue, for the twelve months ended December 31, 2011 and 2010, respectively. Includes a net loss of $354 and a net gain of $3,743 for the twelve months ended (3) December 31, 2011 and 2010, respectively, attributable to assets held in the Company's deferred compensation plan. These net gains and losses do not impact "income from continuing operations before income tax expense" as they are directly offset by compensation adjustments to the Plan participants. Compensation is included in "operating expenses" and "corporate general and administrative expenses." For the twelve months ended December 31, 2011 and 2010, amount includes income of (4) $3,467 and $1,449, respectively, related to decreases in the fair value of contingent consideration related to CBIZ's prior acquisitions. In addition, for the twelve months ended December 31, 2010, amount includes a loss of $1,996 on the retirement of $60.0 million of the Company's senior subordinated convertible notes that were issued in May 2006. Adjusted EBIT represents earnings from continuing operations before income taxes, (5) interest expense, and gain on sale of operations, net, and for the twelve months ended December 31, 2010, Adjusted EBIT also includes the loss on redemption of CBIZ's convertible notes as described in Note (4) above. Adjusted EBITDA represents Adjusted EBIT before depreciation and amortization expense of $20,345 and $20,332 for the twelve months ended December 31, 2011 and 2010, respectively. The Company has included Adjusted EBIT and Adjusted EBITDA data because such data is commonly used as a performance measure by analysts and investors and as a measure of the Company's ability to service debt. Adjusted EBIT and Adjusted EBITDA should not be regarded as an alternative or replacement to any measurement of performance under generally accepted accounting principles.

    CBIZ, INC. FINANCIAL HIGHLIGHTS (UNAUDITED) (In thousands, except per share data) SELECT SEGMENT DATA ------------------- THREE MONTHS ENDED TWELVE MONTHS ENDED DECEMBER 31, DECEMBER 31, ------------ ------------ 2011 2010 (1) 2011 2010 (1) ---- ------- ---- ------- Revenue Financial Services $79,516 $78,895 $391,232 $380,130 Employee Services 41,714 41,064 171,205 174,097 Medical Management Professionals 34,629 37,666 141,046 148,425 National Practices 7,064 7,159 30,322 27,749 ----- ----- ------ ------ Total $162,923 $164,784 $733,805 $730,401 ======== ======== ======== ======== Gross Margin Financial Services $(1,775) $613 $53,928 $53,718 Employee Services 5,798 6,216 27,079 29,545 Medical Management Professionals 3,742 5,353 16,256 16,528 National Practices 610 780 4,100 1,955 Operating expenses -unallocated (2): Other (3,464) (3,196) (12,137) (12,470) Deferred compensation (1,691) (2,032) 712 (3,210) Total $3,220 $7,734 $89,938 $86,066 ====== ====== ======= ======= Certain amounts in the 2010 financial data have been reclassified to conform to the current (1) year presentation and revised to reflect the impact of discontinued operations. Represents operating expenses not directly allocated to individual businesses, including (2) stock based compensation, consolidation and integration charges and certain advertising expenses. "Operating expenses -unallocated" also include gains or losses attributable to the assets held in the Company's deferred compensation plan. These gains or losses do not impact "income (loss) from continuing operations before income tax expense" as they are directly offset by the same adjustment to "other income, net" in the consolidated statements of operations. Gains recognized from adjustments to the fair value of the assets held in the deferred compensation plan are recorded as additional compensation expense in "operating expenses" and as income in "other income, net." CASH EARNINGS AND PER SHARE DATA -------------------------------- Reconciliation of (Loss) Income from Continuing Operations to Cash Earnings from Continuing Operations (3) ------------------------------------------------------------------------------------------- THREE MONTHS ENDED DECEMBER 31, ------------------------------- 2011 Per Share 2010 Per Share ---- --------- ---- --------- Loss from Continuing Operations $(1,211) $(0.02) $(1,197) $(0.02) Selected non-cash items: Depreciation and amortization 5,243 0.11 5,075 0.10 Non-cash interest on convertible notes 635 0.01 1,029 0.02 Stock based compensation 1,521 0.03 1,363 0.03 Adjustment to contingent earnouts (2,315) (0.05) - - ------ ----- --- --- Non-cash items 5,084 0.10 7,467 0.15 ----- ---- ----- ---- Cash earnings -Continuing Operations $3,873 $0.08 $6,270 $0.13 ====== ===== ====== ===== TWELVE MONTHS ENDED DECEMBER 31, -------------------------------- 2011 Per Share 2010 Per Share ---- --------- ---- --------- Income from Continuing Operations $28,584 $0.58 $28,155 $0.48 Selected non-cash items: Depreciation and amortization (4) 20,345 0.41 20,332 0.35 Non-cash interest on convertible notes 3,201 0.06 4,210 0.08 Stock based compensation 5,954 0.12 5,306 0.09 Loss on retirement of convertible notes - - 1,996 0.03 Adjustment to contingent earnouts (3,467) (0.07) (1,449) (0.02) Non-cash restructuring charge - - 1,231 0.02 --- --- ----- ---- Non-cash items 26,033 0.52 31,626 0.55 ------ ---- ------ ---- Cash earnings -Continuing Operations $54,617 $1.10 $59,781 $1.03 ======= ===== ======= ===== The Company believes cash earnings and cash earnings per diluted share (non-GAAP measures) (3) more clearly illustrate the impact of certain non-cash charges and credits to income (loss) from continuing operations and are a useful measure for the Company and its analysts. Cash earnings is defined as income (loss) from continuing operations excluding: depreciation and amortization, non-cash interest expense, non-cash stock based compensation expense, adjustments to the fair value of contingent consideration related to prior acquisitions, and for the twelve months ended December 31, 2010, the portion of the $1.8 million restructuring charge to be paid in future periods related to the 2010 acquisition of Goldstein Lewin. Cash earnings per diluted share is calculated by dividing cash earnings by the number of weighted average diluted common shares outstanding for the period indicated. Cash earnings and cash earnings per diluted share should not be regarded as a replacement or alternative of performance under generally accepted accounting principles. Capital spending was $4.8 million and $4.2 million for the years ended December 31, 2011 and (4) 2010, respectively.

    CBIZ, INC. FINANCIAL HIGHLIGHTS (UNAUDITED) (In thousands, except percentages and ratios) SELECT BALANCE SHEET DATA AND RATIOS ------------------------------------ DECEMBER 31, DECEMBER 31, 2011 2010 (1) ---- ------- Cash and cash equivalents $1,613 $724 Restricted cash $19,838 $20,171 Accounts receivable, net $137,073 $138,068 Current assets before funds held for clients $182,475 $179,481 Funds held for clients - current and non-current $109,854 $84,203 Goodwill and other intangible assets, net $458,340 $426,410 Total assets $812,357 $756,299 Notes payable - current $13,986 $10,983 Convertible notes - current $- $39,250 Current liabilities before client fund obligations $116,382 $141,960 Client fund obligations $109,800 $87,362 Convertible notes - non- current $119,778 $116,577 Bank debt $145,000 $118,900 Total liabilities $552,199 $526,627 Treasury stock $(365,364) $(355,851) Total stockholders' equity $260,158 $229,672 Debt to equity (2) 101.8% 119.6% Days sales outstanding (DSO) - continuing operations (3) 71 72 Shares outstanding 50,036 50,048 Basic weighted average common shares outstanding 49,328 57,692 Diluted weighted average common shares outstanding 49,599 58,193

    Certain amounts in the 2010 financial data have been reclassified to conform to the current year (1) presentation and revised to reflect the impact of discontinued operations. (2) Ratio is convertible notes and bank debt divided by total stockholders' equity. DSO is provided for continuing operations and represents accounts receivable (before the (3) allowance for doubtful accounts) and unbilled revenue (net of realization adjustments) at the end of the period, divided by trailing twelve month daily revenue. The Company has included DSO data because such data is commonly used as a performance measure by analysts and investors and as a measure of the Company's ability to collect on receivables in a timely manner. DSO should not be regarded as an alternative or replacement to any measurement of performance under generally accepted accounting principles.

    CBIZ, Inc.

    CONTACT: Ware Grove, Chief Financial Officer or Lori Novickis, Director,
    Corporate Relations, CBIZ, Inc., +1-216-447-9000

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




    Webair Delivers Breakthrough Cloud Performance with Fusion ioMemoryInternational Web Hosting and Infrastructure Services Provider Deploys ioMemory in its Cloud and Dedicated Server Platforms to Accelerate I/O Performance and Scalability

    SALT LAKE CITY, Feb. 16, 2012 /PRNewswire/ -- Fusion-io today announced that web hosting and infrastructure services provider Webair has deployed Fusion ioMemory technology to overcome data constraints caused by traditional disk-based storage technologies for cloud environments. Webair has integrated ioMemory into its cloud hosting services to provide clients with I/O speeds in the cloud that could traditionally only be obtained with complex and expensive disk array scale out.

    "Providing an extremely fast storage layer is critical for driving adoption of cloud hosting solutions, which is why our engineering teams worked with Fusion-io to develop an innovative approach for accelerating data in our cloud environment," said Sagi Brody, Chief Technical Officer, Webair. "One of the key factors in our decision was breaking through the speed barriers typically found in existing cloud environments. We have found that with Fusion-io, our cloud database servers are significantly outperforming traditional physical configurations. With Fusion ioMemory, we can now offer the benefits of the cloud to industries and applications that previously would have been challenging to support at peak performance in the cloud."

    Webair, headquartered in New York, provides managed and secure cloud services and guarantees uptime through its international network of data centers located in New York, Los Angeles, Montreal and Amsterdam. As it became clear that customers needed to move data to the cloud, Webair sought to eliminate the frustration related to cost and complexity for its customers. In some cases, the price and performance problems of large disk arrays prevented clients from making the move to a cloud environment. Webair customers also found that traditional SSDs resulted in inconsistent performance as well as support and reliability issues. By deploying ioMemory technology from Fusion-io, Webair significantly increased data transaction rates, allowing it to decrease datacenter footprint while meeting customer demand for low-latency data performance with a flexible solution that can be integrated into a variety of dedicated and cloud servers.

    "Webair's commitment to finding powerful solutions for its customers' cloud computing needs showcases that its team is keenly focused on data center innovation," said Neil Carson, Fusion-io Chief Technology Officer. "Performance is certainly key in the cloud, but Webair knows that reliability is paramount. Fusion-io is proud to be working with the bright minds at Webair to help deliver scalable cloud deployments for its customers."

    For more information about Webair, please visit: http://www.webair.com/. Follow Webair on Twitter at http://www.twitter.com/WebairInc.

    To learn more about Fusion-io, visit www.fusionio.com. Follow Fusion-io on Twitter at www.twitter.com/fusionio or www.twitter.com/fusionioUK and on Facebook at www.facebook.com/fusionio.

    About Fusion-io

    Fusion-io has pioneered a next generation storage memory platform for shared data decentralization that significantly improves the processing capabilities within a datacenter by relocating process-critical, or "active", data from centralized storage to the server where it is being processed, a methodology referred to as data decentralization. Fusion's integrated hardware and software solutions leverage non-volatile memory to significantly increase datacenter efficiency and offers enterprise grade performance, reliability, availability and manageability. Fusion's data decentralization platform can transform legacy architectures into next generation datacenters and allows enterprises to consolidate or significantly reduce complex and expensive high performance storage, high performance networking and memory-rich servers. Fusion's platform enables enterprises to increase the utilization, performance and efficiency of their datacenter resources and extract greater value from their information assets.

    Note on Forward-looking Statements

    Certain statements in this release may constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements concerning Webair's deployment of Fusion ioMemory technology and the integration of the technology in its cloud hosting services, including the expected benefits for users. These statements are based on current expectations and assumptions regarding future events and business performance and involve certain risks and uncertainties that could cause actual results to differ materially from those contained, anticipated, or implied in any forward-looking statement, including, but not limited to, the risk that Fusion-io's customers and strategic partners, including Webair, as well as end users of Fusion-io products may not realize the expected benefits of Fusion-io's technology and products, and such other risks set forth in the registration statements and reports that Fusion-io files with the U.S. Securities and Exchange Commission, which are available on the Investor Relations section of our website at www.fusionio.com. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or will occur. Fusion-io undertakes no obligation to update publicly any forward-looking statement for any reason after the date of this press release.

    CONTACTS Robert Brumfield Nancy Fazioli Media Relations Investor Relations 917.224.7769 650.224.8291 bbrumfield@fusionio.com ir@fusionio.com

    Fusion-io

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




    Leading Nutritional Supplement Manufacturer Selects inContact to Power International GrowthCompany to Implement Cloud Contact Routing and Workforce Management Solutions

    SALT LAKE CITY, Feb. 16, 2012 /PRNewswire/ -- inContact , the leading provider of cloud-based contact center software and contact center agent optimization tools, announced that a leading distributor of nutritional supplements and skincare products selected the inContact contact routing and workforce management (WFM) solutions to help drive the company's international growth.

    (Logo: http://photos.prnewswire.com/prnh/20120216/LA54560LOGO)

    The company has experienced recent growth and expansion in international markets and wants to ensure that the contact center can support additional sales and customer service calls from around the globe. The company selected inContact to support this international expansion through its voice gateways in London, Hong Kong and the Philippines, and its data centers in Europe. In addition, as this nutritional supplement and skincare provider grows, the contact center will play a larger role in driving sales and overall revenue. The insights delivered through inContact reporting will help them better target their upsell/cross sell strategy and help transform the contact center into a profit center.

    "Contact centers have long been viewed as a necessary part of the company, but not a driver of revenue," said Paul Jarman, inContact CEO. "There has been a shift in thinking and strategy that contact centers can indeed be profit centers that empower upsells, cross sells, customer retention and branding. By optimizing staffing and contact routing, the contact center can optimize both the cost and quality of the customer experience."

    Typically the workforce accounts for more than 70 percent of the expense in any contact center, and maximizing agent effectiveness through monitoring, training and scheduling is key to profitability and customer satisfaction. The nutritional supplement and skincare company wants a broader view and scheduling capability of their contact center agents, and will be able to better support that initiative through application of the inContact Workforce Management solution.

    Jarman concluded, "The cloud delivers powerful benefits for growing companies. By enabling them to shift their focus from managing technology to managing their business, inContact helps them deliver a premier and revenue-generating customer experience."

    Additional Information

    --  inContact international expansion:
    http://www.incontact.com/virtual-call-center-company/press-room/press-re
    leases/2010/incontact-expands-cloud-based-call-center
    --  Follow @inContact on Twitter: www.twitter.com/inContact
    --  Become a fan of inContact on Facebook: www.facebook.com/inContact
    

    About inContact

    inContact helps contact centers around the globe create profitable customer experiences through its powerful portfolio of cloud-based contact center software solutions. The company's services and solutions enable contact centers to operate more efficiently, optimize the cost and quality of every customer interaction, create new pathways to profit and ensure ongoing customer-centric business improvement and growth. To learn more, visit www.inContact.com.

    Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the Company's behalf. All statements, other than statements of historical facts which address the Company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the Company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the Company, actual results may differ materially from the expectations expressed in the forward-looking statements. (For the complete statement, please click here.)

    inContact(R) is the registered trademark of inContact, Inc. All other marks are the property of their respective owners.

    Photo: http://photos.prnewswire.com/prnh/20120216/LA54560LOGO
    PRN Photo Desk, photodesk@prnewswire.com inContact

    CONTACT: Media, Heather Hurst, Communications Director, +1-801-320-3591,
    heather.hurst@inContact.com, or Investor, Steven Pasko, Market Street
    Partners, +1-415-445-3240, spasko@marketstreetpartners.com

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




    AT&T Invests More Than $950 Million in South Carolina From 2008 Through 2011 to Improve Local NetworksCompany Builds New Cell Sites, Boosts Capacity and Adds Fiber Optics to Enhance Networks

    COLUMBIA, S.C., Feb. 16, 2012 /PRNewswire/ -- AT&T* invested more than $950 million in its South Carolina wireless and wireline networks from 2008 through 2011 with a focus on improving the company's mobile broadband coverage and overall performance of its networks.

    "Private-sector investment is the engine which will power economic recovery and in today's globally-connected marketplace, advanced communication services and technologies are vital," said state Sen. Glenn McConnell (R-Charleston). "Announcements such as this are why the General Assembly has worked diligently over a number of years to update and modernize communications laws to attract the investments that support economic opportunities for individuals and businesses. It is good to see that our efforts are continuing to pay dividends for the people of South Carolina."

    During 2011, AT&T made more than 950 wireless network upgrades in four key categories in South Carolina. These enhancements include:

    --  Activating nearly 20 new cell sites or towers to improve network
    coverage.
    --  Deploying faster fiber-optic connections to more than 550 cell sites.
    Combined with HSPA+ technology, these deployments enable 4G speeds**.
    --  Adding capacity or an extra layer of frequency to cell sites - like
    adding lanes to a highway - with the addition of more than 275 of these
    layers, or "carriers".
    --  Upgrading more than 110 cell sites to provide fast mobile broadband
    speeds.
    

    "New jobs and economic growth depend on the advanced communications services and infrastructure which these investment dollars deliver," said Pamela Lackey, President, AT&T South Carolina. "Investing at this level is made possible by the hard work of South Carolina's forward-looking policymakers in creating a legal and regulatory climate that facilitates competition and encourages the commitment of private capital. We look forward to the opportunities which the products and services powered by these investments will bring to our state."

    "Our goal is to deliver a network experience that mobilizes everything for customers," said Laurent Therivel, AT&T's VP/GM of Mobility and Consumer Markets in the Carolinas. "The ongoing investment we're making in South Carolina is designed to increase coverage and reliability, and to provide advanced services to our customers."

    CNN Money recently recognized AT&T for enhancing its wireless network. Last year, AT&T completed 150,000 network enhancements across the country, more than triple the year before, giving customers more capacity and faster speeds, as well as improving 3G dropped-call performance by 25 percent.

    AT&T plans to support the build or upgrade of thousands of cell sites nationwide to increase network speed, coverage and reliability for both mobile voice and broadband services. In addition, AT&T plans to install additional radio "carriers" at thousands of cell sites nationally, enabling new layers of spectrum capacity to carry larger volumes of mobile broadband traffic. Additional capacity helps support rising mobile data traffic volumes, which continue to increase at a rapid pace.

    AT&T operates the nation's largest Wi-Fi network*** with nearly 30,000 hotspots in the U.S. and provides access to nearly 190,000 hotspots globally through roaming agreements. Most AT&T smartphone customers get access to our entire national Wi-Fi network at no additional cost, and Wi-Fi usage doesn't count against customers' monthly wireless data plans.

    For more information about AT&T's coverage in South Carolina or anywhere in the United States, consumers can visit the AT&T Coverage Viewer. Using the online tool, AT&T customers can measure quality of coverage from a street address, intersection, ZIP code or even a landmark. For updates on the AT&T wireless network, please visit the AT&T network news page.

    *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

    **4G speeds delivered by HSPA+ with enhanced backhaul. Available in limited areas. Availability increasing with ongoing backhaul deployment. 4G device required. Learn more at att.com/network.

    *** Largest based on company branded and operated hotspots. Access includes AT&T Wi-Fi Basic. A Wi-Fi enabled device required. Other restrictions apply. See www.attwifi.com for details and locations.

    About AT&T

    AT&T Inc. is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T ?DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.

    Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATT.

    (C) 2012 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

    Cautionary Language Concerning Forward-Looking StatementsInformation set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

    AT&T Inc.

    CONTACT: Josh Gelinas of AT&T Strategic Communications, Office,
    +1-704-417-2147, or Mobile, +1-704-206-9071, Josh.gelinas@att.com

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




    Sun and Beach Destinations Dominate Priceline.com's List of the Top 50 Destinations for Presidents' Week

    NORWALK, Conn., Feb. 16, 2012 /PRNewswire/ -- . . . Sun, sand and water seem to be the themes for Presidents' Week 2012, according to priceline.com . Today, priceline.com released its list of the Top 50 Destinations for the upcoming holiday period (Presidents' Day is February 20th).

    The Las Vegas Strip is the #1 destination for the long weekend and holiday week. Other big winners are Florida, which occupied 16 places on the list and Orlando, which was chosen five times. Hawaiian cities appeared three times. Overall, beach destinations took 16 of the top 50 spots.

    To compile its Top 50 list, priceline.com looked at a sampling of thousands of Name Your Own Price(R) hotel room booking requests made by priceline.com customers for the long weekend and week. Since the priceline.com study is based on actual booking requests, and not on consumer preference polls or votes, priceline.com believes the study is one of the more accurate predictors of future travel trends.

    Travelers may have been encouraged by the consumer-friendly Presidents' Week airfares. The average airfare for the week is $371, which is up only 1.2% over last year, according to priceline.com in-house travel Ekspert Brian Ek. Travelers headed to the Big Easy for Mardi Gras (February 21) should take note - the average airfare to New Orleans is up a whopping 31% compared to a year ago.

    Priceline.com said that travelers can still make hotel, airline, rental car and vacation package reservations on priceline.com for the upcoming week and weekend. Travelers can also take advantage of priceline.com's Winter Hotel Sale that runs through February 20th. Stays at sale hotels must be completed by December 31, 2012. For more information on the sale, visit http://pcln.com/wintersale.

    Priceline's Presidents' Week Top 50 Destinations

    #1 Las Vegas, Strip North
    #2 San Diego, Downtown & Harbor Island
    #3 Austin, Downtown
    #4 New York City, Midtown West
    #5 Los Angeles, Santa Monica & Marina Del Rey
    #6 Orange County, Disneyland/Anaheim North
    #7 New Orleans, French Quarter
    #8 Oahu, Waikiki Beach Area
    #9 Las Vegas, Strip Vicinity South
    #10 Orlando, Downtown Disney/Lake Buena Vista
    #11 Los Angeles, Downtown Area
    #12 Scottsdale
    #13 Miami, Downtown
    #14 San Francisco, Fisherman's Wharf
    #15 Chicago, North Michigan Avenue/River North
    #16 Atlanta, Downtown
    #17 Atlanta, Buckhead Area
    #18 Portland, Downtown
    #19 Orlando, Sea World/International Drive/Convention Center
    #20 Maui, Ka'anapali/Lahaina
    #21 Ft. Lauderdale, Beach Area
    #22 New York City, Times Square/Theater District
    #23 Ft. Lauderdale, Hollywood
    #24 Key West
    #25 Orlando, Universal Orlando Resort Area/International Drive North
    #26 Orlando, Downtown
    #27 New York City, Midtown East
    #28 Savannah, Historic Savannah & Riverfront
    #29 Baltimore, Inner Harbor Area/Downtown
    #30 Edmonton
    #31 Indianapolis, Downtown
    #32 New York City, Upper East Side
    #33 Ft. Lauderdale, Airport Area
    #34 Orlando, Kissimmee
    #35 San Francisco, Union Square East
    #36 San Juan
    #37 North Scottsdale
    #38 Miami, South Beach/Collins Avenue Oceanfront
    #39 Ft. Lauderdale, Pompano Beach
    #40 Miami, North Miami Beach
    #41 St. Petersburg, Clearwater
    #42 Louisville, Downtown
    #43 San Antonio, Riverwalk Area
    #44 Miami, Coral Gables/Coconut Grove
    #45 Miami, Miami Beach
    #46 Phoenix, Airport Area
    #47 Charleston, Downtown
    #48 Houston, Galleria Area
    #49 Ottawa
    #50 Oahu, Executive Center Area

    About The Priceline Group
    The Priceline Group is a leader in global online hotel reservations, with over 200,000 participating hotels worldwide. The Group is composed of four primary brands - Booking.com, priceline.com, Agoda.com and TravelJigsaw - and several ancillary brands. The Priceline Group provides online travel services in over 140 countries in Europe, North America, South America, the Asia-Pacific region, the Middle East and Africa.

    Booking.com is the number one online hotel reservation service in the world, offering over 170,000 hotels (as of November 7, 2011), and is available in 41 languages. More recent hotel counts are available on the Booking.com website. Priceline.com gives leisure travelers multiple ways to save on their airline tickets, hotel rooms, rental cars, vacation packages and cruises. In addition to getting compelling published prices, travelers can take advantage of priceline.com's famous Name Your Own Price(R) service, which can deliver the lowest prices available. Agoda.com is an Asia-based online hotel reservation service that is available in 37 languages. TravelJigsaw is a multinational car hire service, offering its reservation services in over 4,000 locations. Customer support is provided in 29 languages.

    Priceline.com

    CONTACT: For Press Information: Brian Ek, +1-203-299-8167,
    brian.ek@priceline.com; For Investor Relations: Matthew Tynan,
    +1-203-299-8487, matt.tynan@priceline.com

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




    Raytheon's JLENS Proves Tracking Capabilities During TestDelivers tracking data to fire control systems

    TEWKSBURY, Mass., Feb. 16, 2012 /PRNewswire/ -- Raytheon Company's Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System (JLENS) recently completed Demonstration Test 1 (DT-1), proving its ability to track targets and integrate with fire control and tactical data link systems.

    A series of demonstration tests were conducted at the Utah Training and Test Range from early November to mid-December 2011. The test included tracking moving ground and surface water targets.

    "The monthlong DT-1 demonstrated JLENS' maturity to track low-flying cruise missile surrogates, unmanned aerial vehicles, fighter aircraft and moving surface targets, and to integrate with air and missile defense systems," said David Gulla, vice president of Global Integrated Sensors at Raytheon's Integrated Defense Systems business.

    Communicates Targeting Data and Identifies Friend or Foe
    "In addition to detecting and tracking targets, the system demonstrated its ability to communicate targeting data over command and control systems, such as Link-16, and interface with combat identification support systems, such as IFF (Identify Friend or Foe), to discriminate between friendly and hostile aircraft and missiles," said Mark Rose, program director for JLENS with Raytheon Integrated Defense Systems.

    Providing a joint service capability, the JLENS system consists of two tethered 74-meter aerostats. One aerostat elevates a surveillance radar to 10,000 feet, providing 360-degree coverage out for hundreds of miles over land and sea. The other aerostat elevates a fire-control radar. Each of the aerostat platforms has the capability to integrate other communications and sensor systems.

    During live-fire tests later this year, JLENS will demonstrate its ability to detect airborne threats and transmit targeting data to surface-based air and missile defense systems that will engage test targets. In the meantime, testing continues in Utah and at White Sands Missile Range, N.M.

    About Raytheon
    Raytheon Company, with 2011 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 90 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 71,000 people worldwide. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter at @raytheon.

    Media Contact
    Mike Nason
    978.489.9291
    idspr@raytheon.com

    Raytheon Company

    Company News On-Call: http://www.prnewswire.com/comp/742575.html




    AT&T Invests More Than $40 Million in Rhode Island From 2009 Through 2011 to Improve Local NetworksCompany Builds New Cell Sites, Boosts Capacity and Adds Fiber Optics to Enhance Networks

    PROVIDENCE, R.I., Feb. 16, 2012 /PRNewswire/ -- AT&T* invested more than $40 million in its Rhode Island wireless and wireline networks from 2009 through 2011 with a focus on improving the company's mobile broadband coverage and overall performance of its networks.

    During 2011, AT&T made nearly 140 wireless network upgrades in three key categories in Rhode Island. These enhancements include:

    --  Activating new cell sites or towers to improve network coverage.
    --  Deploying faster fiber-optic connections to approximately 70 cell sites.
    Combined with HSPA+ technology, these deployments enable 4G speeds**.
    --  Adding capacity or an extra layer of frequency to cell sites - like
    adding lanes to a highway - with the addition of nearly 70 of these
    layers, or "carriers".
    

    "More than ever, we use wireless communications to stay connected with family, friends and business colleagues," said Patricia Jacobs, president, AT&T New England. "The investments that we continue to make for our customers in Rhode Island are enabling the innovation of today and tomorrow while enhancing economic growth and stimulating jobs."

    CNN Money recently recognized AT&T for enhancing its wireless network. Last year, AT&T completed 150,000 network enhancements across the country, more than triple the year before, giving customers more capacity and faster speeds, as well as improving 3G dropped-call performance by 25 percent.

    "Our goal is to deliver a network experience that mobilizes everything for customers," said Steve Krom, vice president and general manager, AT&T New England. "The ongoing investment we're making in Rhode Island is designed to increase coverage and reliability, and to provide advanced services to our customers."

    AT&T plans to support the build or upgrade of thousands of cell sites nationwide to increase network speed, coverage and reliability for both mobile voice and broadband services. In addition, AT&T plans to install additional radio "carriers" at thousands of cell sites nationally, enabling new layers of spectrum capacity to carry larger volumes of mobile broadband traffic. Additional capacity helps support rising mobile data traffic volumes, which continue to increase at a rapid pace.

    AT&T operates the nation's largest Wi-Fi network*** with nearly 30,000 hotspots in the U.S. and provides access to nearly 220,000 hotspots globally through roaming agreements. Most AT&T smartphone customers get access to our entire national Wi-Fi network at no additional cost, and Wi-Fi usage doesn't count against customers' monthly wireless data plans.

    For more information about AT&T's coverage in Rhode Island or anywhere in the United States, consumers can visit the AT&T Coverage Viewer. Using the online tool, AT&T customers can measure quality of coverage from a street address, intersection, ZIP code or even a landmark. For updates on the AT&T wireless network, please visit the AT&T network news page.

    *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

    **4G speeds delivered by HSPA+ with enhanced backhaul. Available in limited areas. Availability increasing with ongoing backhaul deployment. 4G device required. Learn more at att.com/network.

    *** Largest based on company branded and operated hotspots. Access includes AT&T Wi-Fi Basic. A Wi-Fi enabled device required. Other restrictions apply. See www.attwifi.com for details and locations.

    About AT&T

    AT&T Inc. is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T ?DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.

    Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATT.

    (C) 2012 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

    Cautionary Language Concerning Forward-Looking StatementsInformation set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

    AT&T Inc.

    CONTACT: Meaghan Wims of Duffy & Shanley for AT&T New England,
    +1-401-278-4434, mwims@duffyshanley.com

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




    ANADIGICS Launches Multimode Multiband Power Amplifiers (MMPA)New MMPAs Offer a Compact and Efficient Solution for Quad-Band GSM/EDGE and Dual-Band WCDMA/LTE Applications

    WARREN, N.J., Feb. 16, 2012 /PRNewswire/ -- ANADIGICS, Inc. , a world leader in radio frequency (RF) solutions, today introduced a new multimode multiband power amplifier (MMPA). The ALT6181 MMPA utilizes ANADIGICS' third generation High-Efficiency-at-Low-Power (HELP3E(TM)) technology to provide industry-leading efficiency in a single module solution for quad-band GSM/EDGE and dual-band WCDMA/LTE mobile applications. This world-class combination of performance and integration helps extend battery life and reduce RF space requirements in handsets, smart phones, tablets, netbooks, and notebooks.

    (Logo: http://photos.prnewswire.com/prnh/20110601/MM12287LOGO)

    "Mobile devices continue to evolve in both form and function, creating performance and size constraint challenges on the RF front-end," said John van Saders, senior vice president of RF products at ANADIGICS. "ANADIGICS has responded to these challenges by continuously improving power amplifier performance and integration. The introduction of our new multimode multiband power amplifiers extends our high performance RF integration. By delivering a converged solution with industry-leading performance, we are able to provide manufacturers with greater design flexibility to enable the next-generation of mobile devices."

    ANADIGICS multimode multiband power amplifiers are optimized to deliver compelling performance under LTE, WCDMA and CDMA signal modulations for bands 1,5,6,18,19 and 26. Efficiency, current consumption and linearity specifications have been enhanced for all modulations, while ensuring that critical harmonic, noise and intermodulation performance results in superior phone level performance. ANADIGICS' MMPA solution uses the Company's exclusive InGaP-Plus(TM) technology and HELP architecture to achieve optimal efficiency across low-range and mid-range output power levels, without the use of a DC-DC converter. When paired with a DC-DC convertor, the MMPA can deliver additional performance benefits.

    The compact 5 mm by 7.5 mm MMPA features an integrated voltage regulator and separate single-ended RF chains. The inclusion of high directivity couplers also ensures optimum system performance. The GSM performance of the MMPA is characterized by high efficiencies at all power levels, while the EDGE performance meets all stringent modulation mask requirements under all conditions.

    Engineering samples of the ALT6181 are available now.

    For more information on ANADIGICS products and multimedia content, please refer to the following resources:

    --  ANADIGICS LinkedIn: http://www.linkedin.com/company/anadigics
    --  ANADIGICS Facebook: http://www.facebook.com/anadigics
    --  ANADIGICS Twitter: http://www.twitter.com/anadigics
    --  ANADIGICS Photos: http://www.flickr.com/anadigics
    --  ANADIGICS Video: http://www.youtube.com/anadigics
    

    About ANADIGICS, Inc.

    ANADIGICS, Inc. delivers integrated radio frequency (RF) solutions that OEMs and ODMs demand to optimize the performance of wireless, broadband and cable applications across all major networks and standards. ANADIGICS features a diverse portfolio of highly linear, highly efficient RFICs. Headquartered in Warren, NJ, the company's award-winning products include power amplifiers, tuner integrated circuits, active splitters, line amplifiers and other components that can be purchased individually or packaged as integrated RF and front-end modules. For more information, visit www.anadigics.com.

    Photo: http://photos.prnewswire.com/prnh/20110601/MM12287LOGO
    PRN PHoto Desk, photodesk@prnewswire.com ANADIGICS, Inc.

    CONTACT: Media Relations: Vivian Chang, ANADIGICS, Inc., +886 935 315 393,
    vchang@anadigics.com; Investor Relations: Kristina Panek, ANADIGICS, Inc.
    +1-908-668-5000 ext. 5330, kpanek@anadigics.com; PR Agency Contact: Brian
    Ribeiro, mspire group, +1-908-369-9300, bribeiro@mspiregroup.com

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




    Iomega Announces New Server Class Series of High Performance Scalable Network Storage Devices

    SAN DIEGO, Feb. 16, 2012 /PRNewswire/ --

    News Highlights

    --  New Iomega StorCenter PX Server Class Series excels with enterprise
    capabilities for SMBs, Remote Offices and Distributed Enterprises
    --  Advanced EMC Storage Technology Foundation and EMC E-Lab Tested
    --  Server Class Drives for Higher Reliability and Continuous Operation
    --  New EMC LifeLine Software for Industrial Strength Operating Environments
    --  Certified for Windows, VMware and Citrix
    --  Ideal Network Storage for SMB Video Surveillance Installations
    --  Iomega Personal Cloud Technology for Cloud Capabilities at No
    Incremental Cost
    --  Diskless to 18TB in Desktop Enclosures, Up to 36TB in Rackmount Arrays
    

    Iomega, an EMC company and a global leader in data protection, today announced the worldwide launch of the new Iomega(R) StorCenter(TM) PX Server Class Series of network storage products, a versatile line of high performance desktop and rackmount NAS devices utilizing server class drives and offering the highest levels of performance and advanced data protection for small- to medium-sized businesses, remote offices and distributed enterprises.

    Designed with EMC(R) storage technology, Iomega's new StorCenter PX Server Class Series incorporates a new version of EMC(R) LifeLine (TM) software with advanced computing features as well as 1TB*, 2TB and 3TB server class SATA drives for higher reliability and continuous operation in critical business functions, such as "always on" video surveillance applications. The new high performance line of Iomega NAS products includes competitively priced four-bay and six-bay desktop models that range from diskless to 18TB of network storage, and four-bay and 12-bay rackmount models that range from diskless to 36TB of network storage.

    Executive Quotes

    "Iomega's new PX Server Class Series is another example of Iomega delivering on its EMC heritage by bringing easy-to-use world class EMC enterprise storage capabilities to SMBs, remote offices and distributed enterprises at affordable prices," said Jonathan Huberman, president of Iomega Corporation. "Designed using many of the same technologies as EMC's enterprise network storage products, the new PX Server Class Series is comprised of powerful business class NAS devices that offer increased reliability and continuous operation that comes with server class drives, as well as the option of using consumer drives. Either way, there are numerous new software features debuting with our new server class NAS series that benefit SMBs and would normally only be found with enterprise level network storage solutions."

    All of the new Iomega PX Server Class Series products feature Intel processors to deliver the performance demanded by critical business applications and to support the robust EMC LifeLine software features. "As part of the EMC family, Iomega works closely with Intel to deliver network storage products for small installations and distributed enterprises," said David Tuhy, general manager of the Intel Storage Group. "Intel is excited that Iomega uses our broad portfolio, including Intel(R) Atom(TM), Intel(R) Celeron(R), and Intel(R)Core(TM)2 Duo, to meet the range of its customer needs."

    Analyst Quote

    "Iomega's StorCenter PX Server Class Series is another move forward in Iomega's plan to provide small and mid-sized businesses and distributed enterprises with network storage products that combine advanced features and capabilities with the ease-of-use often required by smaller organizations and remote work groups," said Benjamin Woo, program vice president, worldwide storage systems, IDC. "With many of the same attributes as enterprise network storage solutions yet tailored to the smaller enterprise, the PX Server Class Series raises the high end of Iomega's network storage offerings to a new level that continues to fit nicely below EMC's entry-level storage systems."

    Advanced Business Features of the new Iomega StorCenter PX Server Class Series

    In addition to all the existing standard features included with Iomega network storage devices, the new desktop and rackmount StorCenter PX Server Class Series launches with a new version of EMC(R) LifeLine(TM) software that includes advanced features specifically targeted to industrial-strength operating environments, including:

    --  Configuration Backup and Restore - backup and restore system
    configuration information, saving various system properties, including
    users, groups, device identification and share names and permissions.
    This capability is particularly useful when cloning a configuration
    across the deployment of multiple systems, such as branch offices and
    retail locations.
    --  Scheduled Power - create a power schedule to turn on and off StorCenter
    PX Server Class Series models, including day and time as well as
    one-time events or recurring events.
    --  Wake-on-LAN - Powers on StorCenter PX Server Class series models when a
    specific signal is sent over the network.  (Wake-On-LAN "magic packet"
    application not included.)  Both scheduled power and Wake on LAN provide
    state of the art electrical power management to enable customers to
    minimize AC power footprint for sustainability or to minimize operating
    costs.
    --  Encrypted Volume - allows users to secure data on a created encrypted
    volume with an assigned password.  Data on the encrypted volume,
    including block and file, is only accessible with assigned password.
    --  SMART Hard Drive Monitor - Continually monitors and reports on the
    health of all drives in StorCenter PX Server Class Series system.
    --  Partner Application Download - Supports download and installation of
    partnered third-party applications, extending functionality and
    flexibility of StorCenter PX Server Class Series models.
    --  SFTP (Secure File Transfer Protocol) - Useful for secure transferring of
    data between computers over a network.  SFTP reads and writes from/to a
    remote server to a StorCenter PX Server Class Series model.
    --  Iomega Personal Cloud technology - a revolutionary web-based computing
    architecture that connects your Iomega StorCenter PX Server Class Series
    network storage device to other individuals and/or devices via the
    Internet.
    --  EMC Atmos - Connect to any EMC Atmos powered cloud storage service
    provider for secure offsite storage of data.
    --  LifeLine Native Video Surveillance Enhancements - In addition to support
    for Axis(R) and Panasonic(R) IP cameras, StorCenter PX Server Class
    Series models now support configurable resolution settings and
    parameters for Bosch(R) IP cameras.
    --  High performance through optional solid state drives, dual core Intel
    processors, and up to four GbE NICs and 4GB memory.
    --  Multiple RAID levels - 0, 1, 10, 5, 5+1 (hot spare) and 6, all with
    automatic RAID rebuild and hot swap functionality.
    --  Server Class Pedigree: Certified for VMware(R) vSphere 5.0, Citrix(R)
    XenServer(TM), Windows (R) Server 2003/2008/2008R2.
    

    Video Surveillance Solutions with the StorCenter PX Server Class Series

    The new StorCenter PX Server Class Series makes it easy to archive, protect and share physical security video and audio files from anywhere (with an Internet connection). StorCenter PX Server Class Series devices deliver the innovation and convenience of optimizing video surveillance installations from four to 48 IP cameras per device at a fraction of the cost of traditional DVR/NVR installations. Iomega StorCenter devices deliver the missing element from today's video management systems - the ability to offer storage with advance data protection.

    Iomega's versatile StorCenter network storage family offers three flexible video surveillance storage and management solutions for SMBs and distributed enterprises:

    --  Surveillance Storage Target - Simplified, scalable network storage for
    recorded or archived surveillance video.
    --  Integrated Video Management Systems - Blend smart storage with leading
    video management software and IP cameras for an integrated, low-cost
    video surveillance solution.
    --  Iomega Hosted Video Surveillance Solutions - Leverage the power of cloud
    storage and the ubiquity of a browser-based video management system
    interface for a highly cost-effective security solution.
    

    Desktop StorCenter px4-300d and px6-300d Server Class Series

    The Iomega(R) StorCenter(TM) px4-300d Server Class Series consists of four HDD bays and up to 12TB of storage; the Iomega(R) StorCenter(TM) px6-300d Server Class Series is outfitted with six HDD bays and up to 18TB of storage capacity. Both models are available diskless, partially populated and fully populated. Empty bays in both models are fitted with a drive carrier that can accommodate 2.5-inch and 3.5 inch HDD drives, as well as SSD drives for performance-intensive applications.

    Rackmount StorCenter px4-300r and px12-350r Server Class Series

    With up to 12TB of storage capacity, the Iomega(R) StorCenter(TM) px4-300r Network Storage Array Server Class Series features four bays for use with HDDs or SSDs. The px4-300r comes in a space-saving 1U form factor ranging from diskless to fully populated with HDD and/or SSD drives. Iomega's flagship rackmount unit, the Iomega(R) StorCenter(TM) px12-350r Network Storage Array Server Class Series, utilizes 12 bays in a 2U form factor that ranges from partially populated with 4TB to fully populated with up to 36TB.

    Availability and Warranty

    The new Iomega(R) StorCenter(TM) PX Server Class Series of network storage devices is now available worldwide.

    The desktop Iomega(R) StorCenter(TM) px4-300d Network Storage Server Class Series starts at $699.99, the desktop Iomega(R) StorCenter(TM) px6-300d Network Storage Server Class Series starts at $899.99, the rackmount Iomega(R) StorCenter(TM) px4-300r Network Storage Array Server Class Series starts at $1,699.99, and the rackmount Iomega(R) StorCenter(TM) px12-350r Network Storage Array Server Class Series starts at $4,999.99.

    All pricing is U.S. suggested retail.

    The Iomega StorCenter PX Server Class Series includes a standard three-year limited warranty with phone support up to 13 hours a day, five days a week. Optional service plans include Iomega's Enhanced Service Plan which includes a five-year limited warranty, 24x7 phone support with advance replacement.

    To review all of the features of the new Iomega StorCenter PX Server Class Series of network storage devices, please go to www.iomega.com.

    About EMC

    EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset -- information -- in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.

    About Iomega

    Iomega Corporation, a wholly owned subsidiary of EMC Corporation headquartered in San Diego, is a worldwide leader in innovative storage solutions for small businesses, home offices, consumers and others. The Company has sold more than 425 million digital storage drives and disks since its inception in 1980. Today, Iomega's product portfolio includes industry leading desktop and rackmount network attached storage products ideal for content sharing, data protection at small and medium businesses and distributed enterprises, as well as vertical applications such as video surveillance installations; a broad selection of direct-attached portable and desktop external hard drives; and multimedia drives, making it easy to move video, pictures and other files from the computer room to the livingroom. To learn about all of Iomega's storage products and network storage solutions, please go to the Web at www.iomega.com. Resellers can visit Iomega at www.ioclub.net.

    NOTE: This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) our ability to protect our proprietary technology; (iv) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (v) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vi) competitive factors, including but not limited to pricing pressures and new product introductions; (vii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (viii) component and product quality and availability; (ix) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (x) insufficient, excess or obsolete inventory; (xi) war or acts of terrorism; (xii) the ability to attract and retain highly qualified employees; (xiii) fluctuating currency exchange rates; and (xiv) other one-time events and other important factors disclosed previously and from time to time in EMC's filings with the U.S. Securities and Exchange Commission. EMC disclaims any obligation to update any such forward-looking statements after the date of this release.

    *1 TB = 1,000,000,000,000 bytes

    Copyright(C) 2012 Iomega Corporation. All rights reserved. Iomega and StorCenter are trademarks or registered trademarks of Iomega Corporation in the United States and/or other countries. EMC and LifeLine are trademarks or registered trademarks of EMC Corporation. All other trademarks are the property of their respective holders.

    EMC Corporation

    CONTACT: Chris Romoser, Iomega Corporation, +1-858-314-7148,
    romoser@iomega.com

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




    SAP's Offer for SuccessFactors, Inc. Shares is Successful

    WALLDORF, Germany and SAN MATEO, Calif., Feb. 16, 2012 /PRNewswire/ -- SAP AG and SuccessFactors, Inc. today announced the successful completion of SAP AG's cash tender offer, commenced through its indirectly wholly-owned subsidiary Saturn Expansion Corporation, for all issued and outstanding shares of common stock of SuccessFactors, Inc ("SuccessFactors"). The tender offer was made pursuant to an Offer to Purchase dated December 16, 2011 and in connection with an Agreement and Plan of Merger dated as of December 3, 2011. SAP and SuccessFactors first announced this transaction on December 3, 2011.

    (Logo: http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO)

    American Stock Transfer & Trust Company, LLC, the depositary for the tender offer, has indicated that, as of 5:00 p.m., New York City time, on February 15, 2012, 81,673,335 shares of common stock of SuccessFactors (approximately 95.5% of the shares of common stock of SuccessFactors issued and outstanding) have been tendered into and not withdrawn from the tender offer (including 5,411,270 shares of common stock of SuccessFactors tendered pursuant to the guaranteed delivery procedures set forth in the Offer to Purchase). Computershare Trust Company, N.A., SuccessFactors' transfer agent, has indicated that, as of 5:00 p.m., New York City time, on February 15, 2012, 85,541,359 shares of common stock of SuccessFactors were issued and outstanding.

    Saturn Expansion Corporation has accepted for payment all shares that were validly tendered and not withdrawn in the Offer. Saturn Expansion Corporation intends to effect a short-form merger under Delaware law as promptly as practicable. As a result of the merger, the remaining SuccessFactors stockholders (other than those who properly exercise appraisal rights under Delaware law) will receive the same $40.00 per share price, without interest and subject to any required withholding of taxes, that was paid in the tender offer. After the merger, SuccessFactors will be a wholly owned subsidiary of SAP America, Inc., and SuccessFactors will seek delisting of its shares from the NYSE, Deutsche Borse, and the Professional Segment of Euronext Paris.

    About SAP

    As market leader in enterprise application software, SAP helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device - SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 183,000 customers (includes customers from the acquisition of Sybase) to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

    About SuccessFactors, an SAP company

    SuccessFactors, an SAP company, is the leading provider of cloud-based Business Execution Software, and delivers business alignment, team execution, people performance, and learning management solutions to organizations of all sizes across more than 60 industries. With approximately 15 million subscription seats globally, we strive to delight our customers by delivering innovative solutions, content and analytics, process expertise and best practices insights from serving our broad and diverse customer base. Today, we have more than 3,500 customers in more than 168 countries using our application suite in 35 languages.

    Additional Information

    This press release is neither an offer to purchase nor a solicitation of an offer to sell securities. The tender offer is being made pursuant to a tender offer statement (including an Offer to Purchase, Letter of Transmittal and related tender offer documents), which was filed by SAP, SAP America, Inc. and Saturn Expansion Corporation with the U.S. Securities and Exchange Commission (the "SEC") on December 16, 2011, as amended. In addition, on December 16, 2011, SuccessFactors filed a Solicitation/Recommendation Statement on Schedule 14d-9 with the SEC related to the tender offer. The Tender Offer Statement, Offer to Purchase, Letter of Transmittal, Solicitation/Recommendation Statement and related documents, as well as amendments thereto, contain important information that should be read carefully before any decision is made with respect to the Tender Offer. These materials are available at no charge on the SEC's web site at www.sec.gov. The Tender Offer Statement and related materials may be obtained for free by directing a request by mail to Georgeson Inc., 199 Water Street, 26th Floor, New York, NY 10038 or by calling toll-free in the United States (866) 507-1756 (or for banks and brokers, (212) 440-9800).

    Forward-Looking Statements

    This release contains forward-looking statements that involve risks and uncertainties concerning the parties' ability to close the transaction. Actual events or results may differ materially from those described in this release due to a number of risks and uncertainties. These potential risks and uncertainties include, among others, the outcome of regulatory reviews of the proposed transaction and the ability of the parties to complete the transaction.

    SAP is not obligated to, and undertakes no obligation to, publicly update or revise any forward-looking statements to reflect events or circumstances after the date of this document. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the SEC, including SAP's most recent Annual Report on Form 20-F filed with the SEC. Statements regarding the expected date of closing of the tender offer are forward-looking statements and are subject to risks and uncertainties including among others: uncertainties as to the timing of the tender offer and the satisfaction of closing conditions, including the receipt of regulatory approvals. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

    (C) 2012 by SAP AG. All rights reserved.

    SAP and the SAP logo are registered trademarks of SAP AG in Germany and other countries. Business Objects and the Business Objects logo are trademarks or registered trademarks of Business Objects Software Ltd. Business Objects is an SAP company. Sybase and the Sybase logo are registered trademarks of Sybase Inc. Sybase is an SAP company. Crossgate is a registered trademark of Crossgate AG in Germany and other countries. Crossgate is an SAP company. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serves informational purposes only. National product specifications may vary.

    These materials are subject to change without notice. These materials are provided by SAP AG and its affiliated companies ("SAP Group") for informational purposes only, without representation or warranty of any kind, and SAP Group shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP Group products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty.

    Follow SAP Investor Relations on Twitter at @sapinvestor.

    For customers interested in learning more about SAP products:
    Global Customer Center: +49 180 534-34-24
    United States Only: 1 (800) 872-1SAP (1-800-872-1727)

    For more information, press only:
    Christoph Liedtke, SAP, +49 6227 7-50383, christoph.liedtke@sap.com, CET
    Jim Dever, SAP, +1 (610) 661-2161, james.dever@sap.com, EST
    SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EST; press@sap.com
    Andrea Meyer, SuccessFactors, +1 (415) 370 7329, ameyer@successfactors.com, PST

    For more information, financial community only:
    Stefan Gruber, SAP, +49 6227 7-44872, investor@sap.com, CET

    Photo: http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO
    PRN Photo Desk, photodesk@prnewswire.com SAP AG

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




    Sibling Group Announces Education Management Organization"The Teaching Alliance, Inc." to Focus on the Growing Charter School Segment.

    NEW YORK and ATLANTA, Feb 16, 2012 /PRNewswire/ -- Sibling Group Holdings, Inc. (OTCQB:SIBE.PK) ("the Company") announced that it will expand its operating subsidiary structure with the formation of The Teaching Alliance, Inc., which will be based in Atlanta, Georgia. The Teaching Alliance will be the education management organization (EMO) for the Company, housing acquired school management businesses.

    "We see tremendous opportunities in the school management area, particularly within the charter school area nationally, and with private school and tutoring operations internationally," said Gerald Sullivan, Chairman of the Company. The business will be managed by Mr. Rob Copenhaver, recently named CEO for the Company.

    Mr. Copenhaver explained the strategy by saying, "The Teaching Alliance intends to acquire existing EMOs. We believe that economies of scale will be recognized via repeatable best practices combined with improved administrative, and learning technologies. With this unique approach we intend to reduce wasteful spending on outdated processes, content, and technologies. Further, we expect that by replacing these outmoded approaches with a more cost effective learning approach it may significantly improve operating margins as a result of the use of better quality administrative tools and processes, while increasing the quality of the education experience."

    According to a report recently issued by The National Education Policy Center, the national landscape for EMO's is growing rapidly, and includes the following key points:

    --  The number of states in which for-profit EMOs operated was 33 in
    2010-2011;
    --  In 2010-2011, 35% of all public charter schools in the U.S. were
    operated by private EMOs, and these schools accounted for almost 42% of
    all students enrolled in charter schools;
    --  Since the 1995-1996 school year, the number of for-profit EMOs has
    increased from 5 to 99, and the number of schools operating has
    increased from 6 to 758. It is estimated that enrollment has grown from
    approximately 1,000 students in 1995-1996 to 394,096 in 2010-2011;
    --  Large-sized for-profit EMOs account for 74.8% of all students enrolled
    in EMO managed schools, which has increased from 73.7% in 2009-2010.
    Medium for profit EMOs account for 13.5% and small for-profits only
    account for 11.8% of the total enrollment.
    --  Large-sized EMOs tend to have a larger average enrollment (588) than
    medium-size EMOs (439) and small-sized EMOs (461). The average
    enrollments for for-profit schools are much larger than
    nonprofit-managed schools' enrollments.
    

    The full report can be found at: http://nepc.colorado.edu/files/EMO-profiles-10-11_0.pdf, or by hardcopy at: National Education Policy Center, School of Education, University of Colorado Boulder, Boulder, CO 80309-0249, Telephone: (802) 383-0058

    ABOUT SIBLING GROUP HOLDINGS:

    The mission of Sibling Group Holdings, Inc. is to utilize advanced technology and education management to enhance and accelerate the delivery of 21st century learning using multiple teaching and learning modalities on a global basis. The mission will be accomplished by accessing funds from the public capital markets and melding them into a unified strategy that will help to accelerate the improvement of K-12 education across the globe. The desired result will be better educated children, a sustainable and cost effective teaching model, primarily for K-12 education, and reduced dependence on governmental funding. For a complete overview please visit the Company web site at: www.newco4education.com.

    Safe Harbor: This press release may contain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sibling Entertainment Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov. Sibling Entertainment Group Holdings, Inc. does not undertake to update any forward-looking statements that it may make to conform to actual results. All current and potential shareholders are asked to read all filings for the Company at the Securities and Exchange Commission web site, www.SEC.gov

    Sibling Group Holdings, Inc.

    INFO@NEWCO4EDUCATION.COM

    Sibling Group Holdings, Inc.

    Web site: http://www.newco4education.com/




    ThinkVine Partners with Acxiom to Offer Greater Marketing Optimization Capabilities to Customers

    CINCINNATI, Feb. 16, 2012 /PRNewswire/ -- ThinkVine(TM)(,) a marketing optimization software company, today announced the addition of Acxiom(R) Corporation , a recognized leader in marketing services and technology, to its Value Added Reseller (VAR) program. Acxiom will use ThinkVine's ThinkAhead(TM) technology in combination with its own proprietary insight and marketing expertise to provide its customers with greater depth into how to increase their sales volume, maximize ROI across all of their marketing investments, and establish a more agile and objective marketing planning process.

    "As the demands of today's marketing landscape continue to rapidly evolve, business to consumer marketing leaders must optimize the short- and long-term effects their integrated marketing strategies have on targeted consumer groups," said Mark Battaglia, ThinkVine chief executive officer. "The combination of ThinkVine's technology and Acxiom's expertise and execution capabilities are an end-to-end solution that enables companies to identify what they need to do to optimize their marketing mix throughout the customer lifecycle and to take action to improve their results."

    The strategic partnership further enhances Acxiom's Marketing Mix Optimization capabilities through the extension of ThinkVine's consumer level segmentation, long-term forecasting of marketing impact, and the ability to understand the effects of emerging and digital media alongside traditional channels, including media not tried before.

    "Today's defining issue is how brands can have better access to consumer data insights in order to power long-term marketing decisions and deliver greater business value," said J. Patrick Bewley, Acxiom vice president of Consulting. "Our partnership with ThinkVine will broaden our ability to extract the most valuable insights from clients' data to segment and align their marketing budgets in a way that ensures both customer centricity and tangible ROI."

    ThinkVine is recognized as a Leader by Forrester Research, Inc. in The Forrester Wave(TM): Marketing Mix Modeling, Q3 2011. Forrester named ThinkVine a Leader and scored it the highest rated Current Offering in the space because of its innovative, agent-based approach to mix modeling and its robust technologies.

    According to Forrester, "ThinkVine's biggest strength is its focus on modeling how a group of consumers actually behaves when exposed to a communication or a promotional or a social activity."

    About Acxiom

    Acxiom is a recognized leader in marketing services and technology that enable marketers to successfully manage audiences, personalize consumer experiences and create profitable customer relationships. Our superior industry-focused, consultative approach combines consumer data and analytics, databases, data integration and consulting solutions for personalized multichannel marketing strategies. Acxiom leverages over 40 years of experience in data management to deliver high-performance, highly secure, reliable infrastructure management services. Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas, USA, and serves clients around the world from locations in the United States, Europe, Asia-Pacific, the Middle East and South America. For more information about Acxiom, visit Acxiom.com.

    About ThinkVine

    ThinkVine's marketing optimization software enables B2C marketers to maximize their ROI across all of their marketing investments. Our breakthrough ThinkAhead Technology simulates how consumers respond to different marketing plans to provide richer historical insights and better forward-looking guidance than traditional marketing mix, as well as support for an agile, objective ongoing planning process. Recently named a Leader with the highest rated current offering by an independent research firm, ThinkVine's customers include market leaders in consumer packaged goods (CPG), food & beverage, financial services, insurance, travel and hospitality, consumer durables, online retail, technology, and other industries. For more information about ThinkVine, visit ThinkVine.com.

    Acxiom is a registered trademark of Acxiom Corporation.

    ThinkVine

    CONTACT: Ann Marie Lane of ThinkVine, +1-513-842-5900 x146

    Web site: http://thinkvine.com/




    Bankrate: Mortgage Rates Slide to Another Record Low

    NEW YORK, Feb. 16, 2012 /PRNewswire/ -- The average rate on the benchmark 30-year fixed mortgage rate fell to a new low of 4.1 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.35 discount and origination points.

    (Logo: http://photos.prnewswire.com/prnh/20040122/FLTHLOGO )

    To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/

    The average 15-year fixed mortgage inched lower to 3.35 percent, while the jumbo 30-year fixed mortgage nosed higher to 4.56 percent. Adjustable mortgage rates were mostly lower, with the average 3-year ARM falling to a record low of 3.23 percent, while the 5-year adjustable slid to 3.03 percent.

    Mortgage rates remain in a familiar holding pattern, with subtle fluctuations week-to-week. Despite the better footing on which the U.S. economy currently rests, the unfolding developments with the European debt crisis continue to keep mortgage rates in check.

    The last time mortgage rates were above 6 percent was Nov. 2008. At the time, the average 30-year fixed rate was 6.33 percent, meaning a $200,000 loan would have carried a monthly payment of $1,241.86. With the average rate now 4.10 percent, the monthly payment for the same size loan would be $966.40, a difference of $275 per month for anyone refinancing now.

    SURVEY RESULTS

    30-year fixed: 4.10% -- down from 4.14% last week (avg. points: 0.35)

    15-year fixed: 3.35% -- down from 3.36% last week (avg. points: 0.33)

    5/1 ARM: 3.03% -- down from 3.05% last week (avg. points: 0.29)

    Bankrate's national weekly mortgage survey is conducted each Wednesday from data provided by the top 10 banks and thrifts in the top 10 markets.

    For a full analysis of this week's move in mortgage rates, go to http://www.bankrate.com/mortgagerates

    The survey is complemented by Bankrate's weekly Rate Trend Index, in which a panel of mortgage experts predicts which way the rates are headed over the next seven days. The panelists don't see mortgage rates going much of anywhere, with 54 percent predicting mortgage rates will remain more or less unchanged over the next seven days. Thirty-eight percent forecast a rebound in mortgage rates while just 8 percent expect mortgage rates to fall further in the coming week.

    For the full mortgage Rate Trend Index, go to http://www.bankrate.com/RTI

    About Bankrate, Inc.

    Bankrate is a leading publisher, aggregator and distributor of personal finance content on the Internet. Bankrate provides consumers with proprietary, fully researched, comprehensive, independent and objective personal finance editorial content across multiple vertical categories including mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes. The Bankrate network includes Bankrate.com, our flagship website, and other owned and operated personal finance websites, including CreditCards.com, Interest.com, Bankaholic.com, Mortgage-calc.com, CreditCardGuide.com, Nationwide Card Services, InsuranceQuotes.com, CarInsuranceQuotes.com, InsureMe, Bankrate.com.cn, CreditCards.ca, NetQuote.com, and CD.com. Bankrate aggregates rate information from over 4,800 institutions on more than 300 financial products. With coverage of nearly 600 local markets in all 50 U.S. states, Bankrate generates over 172,000 distinct rate tables capturing on average over three million pieces of information daily. Bankrate develops and provides web services to over 75 co-branded websites with online partners, including some of the most trusted and frequently visited personal finance sites on the Internet such as Yahoo!, AOL, CNBC and Bloomberg. In addition, Bankrate licenses editorial content to over 100 newspapers on a daily basis including The Wall Street Journal, USA Today, The New York Times, The Los Angeles Times and The Boston Globe.

    For more information contact:
    Kayleen Yates
    Senior Director, Corporate Communications
    kyates@bankrate.com
    (917) 368-8677

    Photo: http://photos.prnewswire.com/prnh/20040122/FLTHLOGO
    PRN Photo Desk, photodesk@prnewswire.com Bankrate, Inc.

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




    SPX Reports Fourth Quarter 2011 ResultsRevenues Up 13% to $1.5 BillionFlow Technology Revenues Up 16% and Segment Margins Over 15%Intends to Enter Into $350 Million Share Repurchase Plan

    CHARLOTTE, N.C., Feb. 16, 2012 /PRNewswire/ -- SPX Corporation today reported results for the fourth quarter and year ended December 31, 2011:

    Fourth Quarter Highlights:

    --  Revenues increased 12.6% to $1.49 billion from $1.33 billion in the
    year-ago quarter.  Organic revenues* increased 11.2%, while completed
    acquisitions and currency fluctuations impacted revenues by 2.2% and
    (0.8)%, respectively.
    --  Segment income and margins were $177.0 million and 11.9%, compared with
    $160.4 million and 12.1% in the year-ago quarter.
    --  Diluted net income per share from continuing operations was $1.25,
    compared with $1.30 in the year-ago quarter.
    --  The fourth quarter of 2011 results included the following items:
    --  Net charges of $16.4 million, or $0.27 per share, associated with
    strategic actions;
    --  Charges of $18.2 million, or $0.22 per share, associated with
    amounts deemed uncollectible from an insolvent insurer for certain
    risk management matters; and
    --  Non-cash impairment charges of $3.6 million, or $0.04 per share,
    associated with the impairment of goodwill of SPX Heat Transfer Inc.
    --  Adjusted net income per share from continuing operations*, which
    excluded the impact of the items noted above, was $1.78.
    --  Net cash from continuing operations was $202.4 million, compared with
    $213.0 million in the year-ago quarter.
    --  Adjusted free cash flow from continuing operations*, which excluded
    $92.8 million of net cash outflows related to the ClydeUnion acquisition
    relating primarily to the settlement of foreign exchange currency
    contracts and the purchase of the Glasgow, Scotland manufacturing
    facility, was $219.0 million, compared with free cash flow* of $173.0
    million.  The 2010 results included a $100 million voluntary pension
    contribution.
    

    Full Year 2011 Highlights:

    --  Revenues increased 11.8% to $5.46 billion from $4.89 billion in 2010.
    Organic revenues increased 7.1%, while completed acquisitions and
    currency fluctuations impacted reported revenues by 2.3% and 2.4%,
    respectively.
    --  Segment income and margins were $580.2 million and 10.6%, compared with
    $560.3 million and 11.5% in 2010.
    --  Diluted net income per share from continuing operations was $3.54,
    compared with $3.86 in 2010.  The full year 2011 results included the
    following items:
    --  Net charges of $49.7 million, or $0.70 per share, associated with
    strategic actions;
    --  Net one-time tax benefits of $20.9 million, or $0.41 per share,
    primarily associated with tax planning strategies;
    --  The previously noted charges relating to an insolvent insurer; and
    --  Non-cash impairment charges of $28.3 million, or $0.33 per share,
    for the previously noted item.
    --  Adjusted net income per share from continuing operations*, which
    excluded the impact of the items noted above, was $4.38.
    --  Net cash from continuing operations was $326.4 million, compared with
    $256.7 million in 2010.  The increase in cash flow was due primarily to
    lower pension contributions in 2011, partially offset by operating cash
    outflows associated with the ClydeUnion acquisition.
    --  Adjusted free cash flow from continuing operations for 2011, which
    excluded $92.8 million of net cash outflows related to the ClydeUnion
    acquisition, was $265.1 million.  Adjusted free cash flow from
    continuing operations for 2010 of $205.5 million excluded $24.5 million
    paid in connection with early debt termination.  The increase in free
    cash flow was due primarily to the items noted above, partially offset
    by higher capital expenditures in 2011.
    

    "The fourth quarter of 2011 was a period of strong operational performance for SPX, with organic revenue growth of 11 percent and adjusted earnings per share up 58 percent over last year. We were particularly pleased with the performance of our Flow Technology segment, which reported 13 percent organic revenue growth and segment income margins over 15 percent," said Christopher J. Kearney, Chairman, President and Chief Executive Officer of SPX.

    "Flow Technology is the foundation of our company and the focus of our long-term strategy. The acquisition of ClydeUnion and the pending divestiture of Service Solutions are significant developments that further narrow our strategic focus and enhance our ability to continue building our Flow segment.

    "We expect 2012 to be a transitional year for our company as we focus on successfully integrating ClydeUnion, executing the start-up of our large power transformer facility, completing the sale of Service Solutions and executing our previously announced debt reduction and share repurchase actions. As part of this, we intend to begin repurchasing shares as early as next week.

    "We expect to be in a very strong financial position with significant liquidity in 2012, and will evaluate additional strategic acquisitions and share repurchases consistent with our capital allocation methodology," Kearney added.

    FINANCIAL HIGHLIGHTS - CONTINUING OPERATIONS

    Flow Technology

    Revenues for the fourth quarter of 2011 were $565.4 million compared to $486.2 million in the fourth quarter of 2010, an increase of $79.2 million, or 16.3%. Organic revenues increased 12.8% and acquisitions increased reported revenue by 3.9%, including $13.6 million from the completed acquisition of ClydeUnion. The impact of currency fluctuations decreased revenues by 0.4% from the year-ago quarter.

    Segment income was $85.3 million, or 15.1% of revenues, in the fourth quarter of 2011 compared to $70.9 million, or 14.6% of revenues, in the fourth quarter of 2010. The increase in segment income and margins was due primarily to the impact of the organic revenue increase noted above, including the benefit of the related operating leverage. Segment margins in the quarter were diluted by 30 basis points from the ClydeUnion acquisition, due primarily to purchase accounting charges.

    Test and Measurement

    Revenues for the fourth quarter of 2011 were $275.2 million compared to $252.1 million in the fourth quarter of 2010, an increase of $23.1 million, or 9.2%. Organic revenues increased 5.0%, driven primarily by increased sales of diagnostic and service tools to vehicle manufacturers and their dealer service networks. The 2011 acquisition of Teradyne Inc.'s Diagnostic Solutions business increased reported revenues by 4.2%.

    Segment income was $32.7 million, or 11.9% of revenues, in the fourth quarter of 2011 compared to $21.7 million, or 8.6% of revenues, in the fourth quarter of 2010. The increase in segment income and margins was due primarily to the impact of the organic and acquisition revenue increases noted above.

    Thermal Equipment and Services

    Revenues for the fourth quarter of 2011 were $453.1 million compared to $418.8 million in the fourth quarter of 2010, an increase of $34.3 million, or 8.2%. Organic revenues increased 10.4% in the quarter, driven primarily by increases in evaporative cooling projects in the Americas and sales of heat exchangers and pollution control systems. The impact of currency fluctuations decreased reported revenues by 2.2% from the year-ago quarter.

    Segment income was $44.0 million, or 9.7% of revenues, in the fourth quarter of 2011 compared to $52.8 million, or 12.6% of revenues, in the fourth quarter of 2010. The decline in segment income and margin was due primarily to a $13.7 million charge associated with increases in estimated costs for certain contracts in South Africa.

    Industrial Products and Services

    Revenues for the fourth quarter of 2011 were $198.0 million compared to $167.9 million in the fourth quarter of 2010, an increase of $30.1 million, or 17.9%. Organic revenues increased 17.8% in the quarter, driven primarily by higher volume of power transformer sales. Currency fluctuations increased reported revenues by 0.1%, from the year-ago quarter.

    Segment income was $15.0 million, or 7.6% of revenues, in the fourth quarter of 2011 compared to $15.0 million, or 8.9% of revenues, in the fourth quarter of 2010. The fourth quarter 2011 segment income included start-up costs of $4.4 million associated with our transformer plant expansion.

    OTHER ITEMS

    Dividend: On November 23, 2011, 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 14, 2011, which was paid on January 4, 2012.

    Acquisition: On December 22, 2011, the company completed the acquisition of ClydeUnion Pumps, a global supplier of pump technologies utilized in oil and gas processing, power generation and other industrial applications. The company's fourth quarter results include the following items related to the ClydeUnion acquisition:

    --  Revenue of $13.6 million and operating income of $0.3 million, which
    included $2.5 million of purchase accounting charges.
    --  A $4.0 million charge recorded in other expense for the forward exchange
    currency contracts noted below.
    --  Transaction costs of $2.4 million recorded in corporate expense.
    --  Interest expense of $1.3 related to borrowings to finance the
    acquisition.
    --  Net cash flow used in operations of $52.0 million, including the
    settlement of forward exchange currency contracts to hedge a significant
    portion of the purchase price and other related transaction costs and
    working capital investments.
    --  Capital expenditures of $40.8 million related to the purchase of
    ClydeUnion's manufacturing facility in Glasgow, Scotland.
    

    Disposition: On January 23, 2012, the company entered into a definitive agreement with Robert Bosch GmbH to sell its Service Solutions business for $1.15 billion in cash. The sale is subject to normal closing conditions, regulatory and other approvals and is expected to be completed in the first half of 2012. The company incurred costs of $2.1 million associated with this transaction in the fourth quarter, recorded in corporate expense. Upon completion of the sale, the company expects to record an after-tax gain of approximately $450 million dollars or $8.65 per share. Beginning in the first quarter of 2012 the Service Solutions business will be reported as a discontinued operation and the company will no longer report the Test and Measurement segment. The other businesses previously reported in the Test and Measurement segment will be reported in the Industrial Products and Services segment.

    Share Repurchases: The company announced that it intends to enter into a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, to facilitate the repurchase of up to $350 million in value of shares of its common stock on or before February 14, 2013, in accordance with a share repurchase program authorized by its Board of Directors. Trading under this plan is scheduled to begin no sooner than February 24, 2012. Of the amount under the plan, $75 million may be repurchased prior to the completion of the above-referenced sale of Service Solutions, with the remainder scheduled to be repurchased following the consummation of the Service Solutions sale.

    Form 10-K: The company expects to file its annual report on Form 10-K for the year ended December 31, 2011 with the Securities and Exchange Commission by February 29, 2012. 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 over $5 billion in annual revenue, operations in more than 35 countries and over 18,000 employees. The company's highly-specialized, engineered products and technologies are concentrated in three areas: Flow Technology, infrastructure, and vehicle service solutions. Many of SPX's innovative solutions are playing a role in helping to meet rising global demand for electricity, processed foods and beverages and vehicle services, particularly in emerging markets. The company's products include food processing systems for the food and beverage industry, power transformers for utility companies, cooling systems for power plants; and diagnostic tools and equipment for the automotive industry. This description of SPX does not contemplate the pending sale of the Service Solutions business. 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 Twelve months ended ------------------ ------------------- December 31, December 31, December 31, December 31, 2011 2010 2011 2010 ------------- ------------- ------------- ------------- Revenues $1,491.7 $1,325.0 $5,461.9 $4,886.8 Costs and expenses: Cost of products sold 1,080.1 936.4 3,926.6 3,454.0 Selling, general and administrative 265.9 267.9 1,103.0 1,024.4 Intangible amortization 8.9 7.7 33.7 27.1 Impairment of goodwill and other intangible assets 3.6 1.7 28.3 1.7 Special charges, net 11.7 16.3 31.4 36.4 ---- ---- ---- ---- Operating income 121.5 95.0 338.9 343.2 Other expense, net (22.6) (0.6) (56.3) (21.3) Interest expense (25.6) (23.7) (97.1) (87.2) Interest income 1.6 1.5 5.8 5.4 Loss on early extinguishment of interest rate protection agreements and term loan - - - (25.6) Equity earnings in joint ventures 7.7 7.9 28.4 30.2 --- --- ---- ---- Income from continuing operations before income taxes 82.6 80.1 219.7 244.7 Income tax provision (18.2) (15.7) (34.4) (53.1) ----- ----- ----- ----- Income from continuing operations 64.4 64.4 185.3 191.6 ---- ---- ----- ----- Loss from discontinued operations, net of tax - (0.2) - (0.5) Gain (loss) on disposition of discontinued operations, net of tax (0.9) (0.4) 0.3 11.7 ---- ---- --- ---- Income (loss) from discontinued operations (0.9) (0.6) 0.3 11.2 ---- ---- --- ---- Net income 63.5 63.8 185.6 202.8 Less: Net income (loss) attributable to noncontrolling interests 1.0 (1.5) 5.0 (2.8) Net income attributable to SPX Corporation common shareholders $62.5 $65.3 $180.6 $205.6 ===== ===== ====== ====== Amounts attributable to SPX Corporation common shareholders: Income from continuing operations, net of tax $63.4 $65.9 $180.3 $194.4 Income (loss) from discontinued operations, net of tax (0.9) (0.6) 0.3 11.2 ---- ---- --- ---- Net income $62.5 $65.3 $180.6 $205.6 ===== ===== ====== ====== Basic income per share of common stock: Income from continuing operations attributable to SPX Corporation common shareholders $1.25 $1.32 $3.57 $3.91 Income (loss) from discontinued operations attributable to SPX Corporation common shareholders (0.01) (0.01) 0.01 0.23 ----- ----- ---- ---- Net income per share attributable to SPX Corporation common shareholders $1.24 $1.31 $3.58 $4.14 ===== ===== ===== ===== Weighted-average number of common shares outstanding - basic 50.558 49.941 50.499 49.718 Diluted income per share of common stock: Income from continuing operations attributable to SPX Corporation common shareholders $1.25 $1.30 $3.54 $3.86 Income (loss) from discontinued operations attributable to SPX Corporation common shareholders (0.02) (0.01) - 0.22 ----- ----- --- ---- Net income per share attributable to SPX Corporation common shareholders $1.23 $1.29 $3.54 $4.08 ===== ===== ===== ===== Weighted-average number of common shares outstanding - diluted 50.672 50.718 50.946 50.347

    SPX CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited; in millions) December 31, December 31, 2011 2010 ---- ---- ASSETS Current assets: Cash and equivalents $551.0 $455.4 Accounts receivable, net 1,416.3 1,164.8 Inventories 719.6 564.3 Other current assets 140.5 176.1 Deferred income taxes 67.9 67.9 ---- ---- Total current assets 2,895.3 2,428.5 Property, plant and equipment: Land 51.8 40.8 Buildings and leasehold improvements 339.8 264.1 Machinery and equipment 883.2 767.1 ----- ----- 1,274.8 1,072.0 Accumulated depreciation (576.1) (526.8) ------ ------ Property, plant and equipment, net 698.7 545.2 Goodwill 1,941.8 1,634.6 Intangibles, net 1,088.2 719.5 Other assets 767.8 665.5 ----- ----- TOTAL ASSETS $7,391.8 $5,993.3 ======== ======== LIABILITIES AND EQUITY Current liabilities: Accounts payable $752.7 $538.8 Accrued expenses 1,091.4 1,080.1 Income taxes payable 28.2 16.3 Short-term debt 74.3 36.3 Current maturities of long- term debt 1.2 50.8 --- ---- Total current liabilities 1,947.8 1,722.3 Long-term debt 1,925.6 1,110.5 Deferred and other income taxes 137.7 86.9 Other long-term liabilities 1,143.4 969.6 ------- ----- Total long-term liabilities 3,206.7 2,167.0 Equity: SPX Corporation shareholders' equity: Common stock 993.6 986.7 Paid-in capital 1,502.2 1,461.1 Retained earnings 2,488.3 2,358.6 Accumulated other comprehensive loss (246.5) (192.6) Common stock in treasury (2,510.3) (2,516.1) -------- -------- Total SPX Corporation shareholders' equity 2,227.3 2,097.7 Noncontrolling interests 10.0 6.3 ---- --- Total equity 2,237.3 2,104.0 TOTAL LIABILITIES AND EQUITY $7,391.8 $5,993.3 ======== ========

    SPX CORPORATION AND SUBSIDIARIES RESULTS OF OPERATIONS BY SEGMENT (Unaudited; in millions) Three months ended Twelve months ended ------------------ ------------------- December 31, December 31, December 31, December 31, 2011 2010 % 2011 2010 % ------------- ------------- --- ------------- ------------- --- Flow Technology Revenues $565.4 $486.2 16.3% $2,042.0 $1,662.2 22.8% Gross profit 185.4 169.9 673.8 583.5 Selling, general and administrative expense 95.2 94.8 388.7 354.4 Intangible amortization expense 4.9 4.2 16.7 13.5 Segment income $85.3 $70.9 20.3% $268.4 $215.6 24.5% ===== ===== ====== ====== as a percent of revenues 15.1% 14.6% 13.1% 13.0% Test and Measurement Revenues $275.2 $252.1 9.2% $1,067.8 $924.0 15.6% Gross profit 87.6 76.3 337.4 275.7 Selling, general and administrative expense 52.5 52.9 216.4 192.7 Intangible amortization expense 2.4 1.7 10.3 6.4 Segment income $32.7 $21.7 50.7% $110.7 $76.6 44.5% ===== ===== ====== ===== as a percent of revenues 11.9% 8.6% 10.4% 8.3% Thermal Equipment and Services Revenues $453.1 $418.8 8.2% $1,644.2 $1,602.1 2.6% Gross profit 97.0 104.6 355.3 402.8 Selling, general and administrative expense 51.6 50.2 207.8 202.8 Intangible amortization expense 1.4 1.6 5.6 6.3 Segment income $44.0 $52.8 -16.7% $141.9 $193.7 -26.7% ===== ===== ====== ====== as a percent of revenues 9.7% 12.6% 8.6% 12.1% Industrial Products and Services Revenues $198.0 $167.9 17.9% $707.9 $698.5 1.3% Gross profit 44.1 42.0 178.8 188.1 Selling, general and administrative expense 28.9 26.8 118.5 112.8 Intangible amortization expense 0.2 0.2 1.1 0.9 Segment income $15.0 $15.0 0.0% $59.2 $74.4 -20.4% ===== ===== ===== ===== as a percent of revenues 7.6% 8.9% 8.4% 10.7% Total segment income $177.0 $160.4 $580.2 $560.3 Corporate expense 24.4 28.8 104.3 95.5 Pension and postretirement expense 8.9 12.9 35.9 52.4 Stock-based compensation expense 6.9 5.7 41.4 31.1 Impairment of goodwill and other intangible assets 3.6 1.7 28.3 1.7 Special charges, net 11.7 16.3 31.4 36.4 Consolidated Operating Income $121.5 $95.0 27.9% $338.9 $343.2 -1.3% ====== ===== ====== ======

    SPX CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited; in millions) Three months ended Twelve months ended ------------------ ------------------- December 31, December 31, December 31, December 31, 2011 2010 2011 2010 ------------- ------------- ------------- ------------- Cash flows from operating activities: Net income $63.5 $63.8 $185.6 $202.8 Less: Income (loss) from discontinued operations, net of tax (0.9) (0.6) 0.3 11.2 ---- ---- --- ---- Income from continuing operations 64.4 64.4 185.3 191.6 Adjustments to reconcile income (loss) from continuing operations to net cash from operating activities: Special charges, net 11.7 16.3 31.4 36.4 Impairment of goodwill and other intangible assets 3.6 1.7 28.3 1.7 Loss on early extinguishment of interest rate protection agreements and term loan - - - 25.6 Deferred and other income taxes 4.2 44.6 (25.1) 60.5 Depreciation and amortization 31.6 30.1 120.7 113.0 Pension and other employee benefits 13.3 17.8 56.5 68.4 Stock-based compensation 6.9 5.7 41.4 31.1 Other, net (28.2) (8.0) 9.8 16.0 Changes in operating assets and liabilities, net of effects from acquisitions and divestitures: Accounts receivable and other assets 43.4 12.0 (16.6) (218.3) Inventories 37.3 14.7 (96.7) 16.3 Accounts payable, accrued expenses and other 21.0 19.4 19.4 (57.4) Cash spending on restructuring actions (6.8) (5.7) (28.0) (28.2) ---- ---- ----- ----- Net cash from continuing operations 202.4 213.0 326.4 256.7 Net cash from (used in) discontinued operations (1.0) 0.1 (3.8) (3.1) ---- --- ---- ---- Net cash from operating activities 201.4 213.1 322.6 253.6 Cash flows used in investing activities: Proceeds from asset sales and other 0.8 7.3 1.1 9.6 (Increase) decrease in restricted cash 2.4 1.0 (0.4) 3.5 Business acquisitions and other investments, net of cash acquired (739.4) (8.5) (792.5) (130.6) Capital expenditures (76.2) (40.0) (154.1) (75.7) ----- ----- ------ ----- Net cash used in continuing operations (812.4) (40.2) (945.9) (193.2) Net cash from discontinued operations 1.1 2.7 1.6 10.1 --- --- --- ---- Net cash used in investing activities (811.3) (37.5) (944.3) (183.1) Cash flows from (used in) financing activities: Borrowings under senior credit facilities 1,221.1 - 1,881.1 164.0 Repayments under senior credit facilities (390.0) (96.0) (1,050.0) (825.5) Borrowings under senior notes - - - 600.0 Repayments under senior notes - - (49.5) - Borrowings under trade receivables agreement 22.0 55.0 118.0 90.0 Repayments under trade receivables agreement (68.0) (71.0) (118.0) (112.0) Net borrowings (repayments) under other financing arrangements 1.3 (0.7) 2.8 (1.7) Proceeds from exercise of employee stock options and other, net of minimum withholdings paid on behalf of employees for net share settlements 0.1 9.0 0.1 3.5 Financing fees paid (5.5) (0.4) (17.2) (13.0) Dividends paid (12.7) (14.6) (53.4) (52.3) ----- ----- ----- ----- Net cash from (used in) continuing operations 768.3 (118.7) 713.9 (147.0) Net cash from discontinued operations - - - - --- --- --- --- Net cash from (used in) financing activities 768.3 (118.7) 713.9 (147.0) Change in cash and equivalents due to changes in foreign exchange rates (3.6) 7.5 3.4 9.0 Net change in cash and equivalents 154.8 64.4 95.6 (67.5) Consolidated cash and equivalents, beginning of period 396.2 391.0 455.4 522.9 Consolidated cash and equivalents, end of period $551.0 $455.4 $551.0 $455.4 ====== ====== ====== ======

    SPX CORPORATION AND SUBSIDIARIES ORGANIC REVENUE RECONCILIATION (Unaudited) Three months ended December 31, 2011 ------------------------------------ Organic Net Revenue Foreign Revenue Growth Acquisitions Currency Growth ------ ------------ -------- ------ Flow Technology 16.3% 3.9% (0.4)% 12.8% Test and Measurement 9.2% 4.2% - % 5.0% Thermal Equipment and Services 8.2% - % (2.2)% 10.4% Industrial Products and Services 17.9% - % 0.1% 17.8% Consolidated 12.6% 2.2% (0.8)% 11.2% Twelve months ended December 31, 2011 ------------------------------------- Organic Net Revenue Foreign Revenue Growth Acquisitions Currency Growth ------ ------------ -------- ------ Flow Technology 22.8% 4.3% 3.4% 15.1% Test and Measurement 15.6% 4.1% 2.4% 9.1% Thermal Equipment and Services 2.6% - % 2.2% 0.4% Industrial Products and Services 1.3% 0.2% 0.3% 0.8% Consolidated 11.8% 2.3% 2.4% 7.1%

    SPX CORPORATION AND SUBSIDIARIES FREE CASH FLOW RECONCILIATION (Unaudited; in millions) Three months ended Twelve months ended ------------------ ------------------- December 31, 2011 December 31, 2010 December 31, 2011 December 31, 2010 ----------------- ----------------- ----------------- ----------------- Net cash from continuing operations $202.4 $213.0 $326.4 $256.7 Capital expenditures - continuing operations (76.2) (40.0) (154.1) (75.7) Free cash flow from continuing operations 126.2 173.0 172.3 181.0 Cash paid on early extinguishment of interest rate protection agreements and term loan - - - 24.5 ClydeUnion free cash flows 92.8 - 92.8 - Adjusted free cash flow from continuing operations $219.0 $173.0 $265.1 $205.5 ====== ====== ====== ======

    SPX CORPORATION AND SUBSIDIARIES CASH AND DEBT RECONCILIATION (Unaudited; in millions) Twelve months ended December 31, 2011 ----------------- Beginning cash and equivalents $455.4 Operational cash flow 326.4 Business acquisitions and other investments, net of cash acquired (792.5) Capital expenditures (154.1) Increase in restricted cash (0.4) Proceeds from asset sales and other 1.1 Borrowings under senior credit facilities 1,881.1 Borrowings under senior note (1,050.0) Repayments under senior credit facilities (49.5) Net borrowings under other financing arrangements 2.8 Financing fees paid (17.2) Proceeds from exercise of employee stock options and other, net of minimum withholdings paid on behalf of employees for net share settlements 0.1 Dividends paid (53.4) Cash from discontinued operations (2.2) Change in cash due to changes in foreign exchange rates 3.4 --- Ending cash and equivalents $551.0 ====== Debt at Debt at 12/31/2010 Borrowings Repayments Other 12/31/2011 ---------- ---------- ---------- ----- ---------- Domestic revolving loan facility $- $1,050.0 $(1,050.0) $- $- Foreign revolving loan facility - 31.1 - (0.2) 30.9 Term Loan 1 - 300.0 - - 300.0 Term Loan 2 - 500.0 - - 500.0 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 - 118.0 (118.0) - - Other indebtedness 48.1 5.6 (2.8) 19.3 70.2 ---- --- ---- ---- ---- Totals $1,197.6 $2,004.7 $(1,220.3) $19.1 $2,001.1 ======== ======== ========= ===== ========

    SPX CORPORATION AND SUBSIDIARIES ADJUSTED EARNINGS PER SHARE RECONCILIATION (Unaudited; in millions except per share amounts) Three months ended Twelve months ended ------------------ ------------------- December 31, 2011 December 31, 2010 December 31, 2011 December 31, 2010 ----------------- ----------------- ----------------- ----------------- Diluted net income (loss) per share of common stock from continuing operations $1.25 $1.30 $3.54 $3.86 attributable to SPX Corporation common shareholders Discrete tax benefits - (0.17) (0.41) (0.57) Strategic transaction related charges (1) (2) 0.27 - 0.70 - Impairment of goodwill and other intangible assets 0.04 - 0.33 - Legacy insurance matter 0.22 - 0.22 - 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 $1.78 $1.13 $4.38 $3.62 ===== ===== ===== ===== (1) Strategic transaction related charges for the three months ended December 31, 2011 includes ClydeUnion operating results ($0.01) for the period December 23 -31, 2011, charges of $4.0 ($0.05) associated with the settlement of foreign exchange forward contracts entered into as part of the acquisition of ClydeUnion, interest expense of $1.3 ($0.02) associated with the financing of the acquisition, deal costs of $4.5 ($0.06) associated with the acquisition of ClydeUnion and pending disposition of Service Solutions, and an asset impairment charge of $6.5 ($0.13) associated with a decision to postpone the construction of a manufacturing campus in Shanghai, China, such decision made in connection with recent strategic developments. (2) Strategic transaction related charges for the twelve months ended December 31, 2011 includes ClydeUnion operating results ($0.01) for the period December 23 -31, 2011, charges of $34.6 ($0.44) associated with the settlement of foreign exchange forward contracts entered into as part of the acquisition of ClydeUnion, interest expense of $1.3 ($0.02) associated with the financing of the acquisition, deal costs of $7.1 ($0.10) associated with the acquisition of ClydeUnion and pending disposition of Service Solutions, and an asset impairment charge of $6.5 ($0.13) associated with a decision to postpone the construction of a manufacturing campus in Shanghai, China, such decision made in connection with recent strategic developments.

    SPX Corporation

    CONTACT: Ryan Taylor (Investors), +1-704-752-4486, investor@spx.com, or
    Jennifer H. Epstein (Media), +1-704-752-7403, +1-704-576-5441,
    jennifer.epstein@spx.com

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




    Caribou Coffee Brews Its Way to the Top in Zocalo Group's Latest Recommendation Index(SM)While Starbucks is Most Talked-about Brand, People are More Likely to Make Recommendation When Talking About Caribou Coffee

    CHICAGO, Feb. 16, 2012 /PRNewswire/ -- Buying coffee to drink on the go is an American tradition and a $20 billion-per-year industry[i]. With more than 75 percent of U.S. adults consuming coffee[ii] and more than a million conversations about the category occurring online over a period of 30 days, Zocalo Group's most recent Recommendation Index uncovered the country's most recommended coffeehouse chains - and how they got that way.

    Not surprisingly, Starbucks is the most talked-about coffeehouse chain online. But despite being the leader in online conversation volume, the brand is only recommended in about 1 in 200 conversations - while Caribou Coffee earns a recommendation once in every 20 conversations. Dunkin' Donuts and McDonald's follow Caribou in the Recommendation Index rankings of the top 10 largest coffeehouse chains operating in the U.S.

    "Recommendations drive not only brand perception, but more importantly, purchasing decisions," said Paul M. Rand, president and CEO of Zocalo Group. "By making the important distinction between a cursory mention and a positive recommendation, we were able to glean more revealing insights about the role that recommendations played within the coffeehouse chain industry."

    The Recommendation Index found that top themes associated with positive coffeehouse chain recommendations include product quality and freshness, brand loyalty and brew consistency. Primary drivers of negative word of mouth point to poor product quality, unskilled baristas and brand detractors - all of which further illustrate the value consumers place in great taste and service when choosing where to buy their coffee.

    "The Recommendation Index illustrates that while a brand's volume of conversation is important, a high volume doesn't necessarily increase the likelihood that someone will make a recommendation," commented Zach Mesenbourg, manager of Zocalo Group's Insights & Analytics Team. "And that scenario is exactly what we saw with Caribou Coffee and Starbucks. While people talked more about Starbucks overall, those who talked about Caribou Coffee were stronger advocates and recommenders."

    Recommendation Index Results

    Unlike standard metrics that ask, "Would you recommend this brand?" the Recommendation Index determines why, where and how often people recommend individual brands. The Index highlights not only the overall conversation volume, but also the level of positive recommendations.

    The top 10 coffeehouse chains (of those operating in the United States) ranked by conversation volume during a recent 30-day period include:

    Conversation Volume (# of mentions) Starbucks - 1,018,524 Tim Horton's - 73,977 McDonald's - 18,079 Dunkin' Donuts - 15,256 Coffee Bean & Tea Leaf - 14,176 Caribou Coffee - 8,711 Peet's Coffee & Tea - 6,798 Tully's - 3,646 Seattle's Best - 3,344 Coffee Beanery - 1,033

    The Recommendation Index also evaluates the percentage of this conversation that is actually a positive recommendation. The top 10 coffeehouse chains (of those operating in the United States) ranked by level of positive recommendation include:

    Percentage of Conversation with a Positive Recommendation Caribou Coffee - 4.6% Dunkin' Donuts - 3.7% McDonald's - 2.4% Coffee Beanery - 2.1% Coffee Bean & Tea Leaf - 1.9% Tim Horton's - 1.7% Seattle's Best - 1.4% Peet's Coffee & Tea - 1.4% Tully's - 1.1% Starbucks - 0.5%

    In addition, the Recommendation Index provides insight into the positive and negative keywords and/or phrases used to trigger recommendations as well as the drivers of word of mouth. Top drivers of positive recommendations in the coffeehouse chain conversation include:

    --  Product Quality & Freshness - good taste, always fresh, and delicious
    flavor
    --  Brand Loyalty - an unconditional affinity for a particular brand
    --  Brew Consistency - getting the same good cup of coffee time after time
    --  Skilled Baristas - friendly staff that create delicious specialty drinks
    --  Physical Location - the best place to hang out, relax, and meet with
    friends
    

    Top drivers of negative recommendations include:

    --  Poor Product Quality - bad taste, poor flavor, and old or burnt coffee
    --  Unskilled Baristas - staff that often "messes up" drinks
    --  Brand Detractors - overall dislike, contempt, or hatred for a particular
    brand
    --  Exaggerated Comparisons - tastes like dirt, tanning oil, and other
    substances
    --  Physical Side Effects - complaints of discomfort associated with the
    coffee
    

    Methodology

    The Recommendation Index was created by Zocalo Group to understand not only which are the most talked-about brands across social channels, but also to better understand each brand's percentage of positive recommendations.

    For the current Recommendation Index, the study identified the 10 largest national and regional coffeehouse chains (based on sales figures and number of locations in the United States) and then examined online conversations occurring across blogs, forums, Twitter and other discussion venues over a 30-day time period. Online analysis focused on the naturally occurring, organic conversations about those brands and the words consumers used to make explicit recommendations. Key triggers and themes pertaining to both positive and negative recommendations were also examined. To learn more about the Recommendation Index, please visit www.zocalogroup.com. About Zocalo Group

    Zocalo Group is a full-service word-of-mouth and social media marketing agency, helping leading consumer and business-to-business brands become the most talked-about and recommended brands in their category. Based in Chicago, Zocalo Group has received numerous industry awards for its brand programs and measurement initiatives. Zocalo Group is a unit of Omnicom Group Inc. and Ketchum. For more information, please visit www.zocalogroup.com.

    [i] The Coffee Marvel Blog, How Big is the Coffee Industry? http://www.coffeemarvel.com/blog/post/2010/05/17/How-Big-is-the-Coffee-Industry.aspx (May 17, 2010).

    [ii] National Coffee Association, 2011 National Coffee Drinking Trends, http://www.ncausa.org/custom/headlines/headlinedetails.cfm?id=762&returnto=778 (June 28, 2011).

    Zocalo Group

    CONTACT: Leah Bassett, +1-312-596-6304, lbassett@zocalogroup.com

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




    CSC Launches 1.5MW Expansion at CoreSite's Boston and Northern Virginia Data Centers

    DENVER, Feb. 16, 2012 /PRNewswire/ -- CoreSite Realty Corporation , a U.S. provider of powerful, network-rich data centers, today announced CSC has launched a 1.5 MW expansion at CoreSite's Boston and Northern Virginia data centers in support of a major global financial services client requirement and the deployment of the company's Trusted Cloud Services offering. Both deployments are fully operational with direct access to CSC Trusted Cloud Services currently available to CoreSite data center customers in Boston. CSC selected CoreSite based on its ability to tailor data center and interconnection products to CSC's specific requirements.

    CSC's Trusted Cloud Services include three models that meet enterprise class requirements: off premises public and virtual private, on premises private and hybrid cloud. All cloud models share the same cloud fabric, the Vblock from the VCE Company, a standard rate care and service level agreements. All models are based on the pay-as-you-go pricing model and feature bronze, silver, gold and platinum support tiers. CSC provides infrastructure as a service, software as a service and platform as a service. CoreSite's Boston data center met all of the requirements necessary to facilitate the successful deployment of CSC Trusted Cloud Services including security, compliance, reliability, and network availability.

    For more information on CSC's Trusted Cloud Services, please visit www.csc.com/cloud.

    "CoreSite provides industry leading data center services that are validated by professional accreditations and exceed availability targets," commented Nick Wilkinson, President, Market and Product Strategy, CSC Managed Services Sector. "Their ability to quickly tailor solutions specific to our requirements has enabled us to create adaptive extensions to our data center portfolio and deliver data center environments capable of supporting the ever changing, high density demands of today's computing equipment."

    "It brings everyone at CoreSite great pleasure to see customers like CSC continue to grow their data center footprint as a result of successful product launches and new business acquisition," commented Tom Ray, CoreSite President and Chief Executive Officer. "CSC's selection of CoreSite for the CSC Cloud and its ongoing commitment to CoreSite represents the type of relationship we strive to develop with every CoreSite customer."

    About CoreSite
    CoreSite Realty Corporation is a national provider of powerful, network-rich data centers, efficient interconnection services, and global peering opportunities. More than 700 customers such as Global 1000 enterprises, communications providers, cloud and content companies, financial firms, media and entertainment, healthcare, and Government agencies trust CoreSite to power, cool, connect, and secure their mission-critical IT assets. CoreSite data centers are catalysts for network growth, featuring established industry ecosystems with access to 200+ carriers and service providers resulting in more than 12,000 interconnections under management. The company tailors its data center product to unique customer requirements by way of a flexible offering that includes cage-to-cabinet colocation, private data centers and suites, and a responsive customer service and support infrastructure. CoreSite's portfolio comprises more than two million square feet, including space held for redevelopment and development, across 12 data centers in seven key U.S. economic centers. For more information, visit www.CoreSite.com.

    CoreSite Investor Relations Contact
    Investor Relations
    +1 303.222.7276
    InvestorRelations@CoreSite.com

    CoreSite Media Contact
    Mark Jobson, Marketing Director
    +1 303.405.1004
    Mark.Jobson@CoreSite.com

    CoreSite Realty Corporation

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




    Jingwei International Limited Announces Intent to Go Private

    SHENZHEN, China, Feb. 16, 2012 /PRNewswire-Asia-FirstCall/ -- Jingwei International Limited ("Jingwei" or "the Company"), a leading provider of data-mining, interactive marketing and software services in China, today announced its intent to accept a "going private" proposal proposed by Mr. George (Jianguo) Du, Chairman and CEO of the Company, and cease its public company status.

    A special committee of the company's board of directors, comprised of independent directors, has recommended, and the board of directors has approved, plans to voluntarilty delist the common shares from the NASDAQ Global Market and cease the registration of the Company's common shares with the Securities and Exchange Commission ("SEC") under the Securities Exchange Act of 1934.

    Going-Private Transaction

    In order to ensure that it will be eligible to deregister its common shares, in accordance with SEC rules and regulations, Jingwei will reduce its number of record shareholders to below 300. To accomplish this, the special committee of the board recommended, and the board of directors approved, an amendment to the Company's articles of incorporation to effect a 1-for-20,000 reverse stock split whereby each 20,000 outstanding shares of Jingwei common shares will be converted into one whole share and, in lieu of us issuing fractional shares to shareholders owning less than 20,000 pre-reverse stock split shares, Jingwei will pay cash equal to $2.20 multiplied by the number of pre-reverse stock split shares held by such shareholder. Immediately following the reverse stock split, the Company will file a second amendment to its articles of incorporation to effect a 20,000-for-1 forward stock split. As a result, shareholders owning 20,000 or more common shares at the time of the reverse split will retain their current numbers of common shares without change and not receive cash in the transaction. The funding for the cash payment for the fractional shares described above will be provided by the company's largest shareholder, George (Jianguo) Du, Chairman and CEO of the Company. Following the funding of the amount required to cash-out fractional shares and in consideration of Mr. Du assuming Jingwei's obligation to cash-out fractional shares, Jingwei will issue Mr. Du a number of common shares equal to the amount he funded divided by $2.20 (rounded to the nearest whole share).

    Jingwei's board of directors decided to pursue taking the Company private after concluding that the disadvantages of remaining an SEC-reporting company, including the costs associated with ongoing regulatory requirements, outweighed the benefits of public company status to the Company and its shareholders. American Appraisal China Limited, independent financial advisor to the special committee, provided an opinion to the Special Committee that the $2.20 per share cash-out price in lieu of fractional shares is fair from a financial point of view to those shareholders who would be cashed out in the proposed transaction.

    Under Nevada law, the Company's board may amend its articles of incorporation to conduct the stock splits without the approval of the Company's shareholders, and therefore the Company is not seeking the approval of the going-private transaction from its shareholders.

    Prior to consummating the going-private transaction described above, the Company must file a preliminary information statement and a transaction statement with the SEC on Schedule 13E-3. Following review by the SEC, the Company intends to distribute a definitive information statement to its shareholders and to effect the going-private transaction as soon as practicable following the date that is 20 days after the distribution of the information statement to shareholders. The Company anticipates the transaction will be completed in the second quarter of 2012. If the transaction is completed, the company would no longer file periodic reports with the SEC. This release is not an offer to acquire or sell any securities.

    The special committee may determine not to proceed with the going-private transaction as currently contemplated, or to change certain of the terms of the transaction, if it believes that abandoning or changing the terms of the transaction is in the best interests of the Company's unaffiliated shareholders. If the special committee determines not to proceed with the going-private transaction, we will continue to operate our business as presently conducted.

    About Jingwei International Limited:

    Jingwei International Limited ("Jingwei") has established a leading position in China in data mining, interactive marketing and software services. To capitalize on China's rapid growth on mobile, Internet and e-Commerce applications, Jingwei has focused on new data mining offerings that encompass interactive marketing, bundled mobility solutions and mobile value added services. The Company's software services include business intelligence, billing, customer relationship management and decision support solutions for Chinese telecom operators and power companies.

    Business Risks and Forward-Looking Statements

    This report includes forward-looking statements. Generally, the words "believes," "anticipates," "may," "will," "should," "expect," "intend," "estimate," "continue," and similar expressions or the negative thereof or comparable terminology are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including the matters set forth in this report or other reports or documents we file with the SEC from time to time, which could cause actual results or outcomes to differ materially from those projected. Undue reliance should not be placed on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to update these forward-looking statements.

    Company Contact: Jingwei International Limited Cao Wei Tel: +86-755-8631-9430 Email: weicao@jingweicom.com www.jingweicom.com

    Jingwei International Limited

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

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