FREMONT, Calif., March 11, 2013 /PRNewswire/ -- Exar Corporation , a leading supplier of high performance analog mixed-signal components and data management solutions, today announced President and Chief Executive Officer, Louis DiNardo, will participate in Piper Jaffray's "Semiconductor Opportunities in Communication Infrastructure" panel discussion on Tuesday, March 12, at 12:30 p.m. Additionally, Mr. Ryan Benton, Exar's Senior Vice President and Chief Financial Officer will join Mr. DiNardo for one-on-one investor meetings, which will take place throughout the day.
The Piper Jaffray Technology, Media, and Telecommunications Investor Conference will be held at the Le Parker Meridian Hotel in New York City, March 12 - 13, 2013. Piper Jaffray conferences are by invitation only. Investors interested in attending should contact their Piper Jaffray representative.
Exar Corporation designs, develops and markets high performance, analog mixed-signal integrated circuits and advanced sub-system solutions for the Networking & Storage, Industrial & Embedded Systems, and Communications Infrastructure markets. Exar's product portfolio includes power management and connectivity components, communications products, and network security and storage optimization solutions. Exar has locations worldwide providing real-time customer support. For more information about Exar, visit http://www.exar.com.Photo: http://photos.prnewswire.com/prnh/20120716/SF41155LOGO
CONTACT: Laura J. Guerrant-Oiye, Principal, Guerrant Associates,
Web site: http://www.exar.com/
BOSTON, March 11, 2013 /PRNewswire/ -- AT&T* invested more than $425 million in its greater Boston area wireless and wireline networks from 2010 through 2012, with a focus on expanding 4G LTE mobile Internet coverage and enhancing the overall performance of its networks.**
People in the greater Boston area increasingly depend on mobile Internet connections for communication, entertainment and productivity at work, at home and everywhere in between. AT&T's continued investment is designed to deliver the highest levels of service, with network enhancements driving improvements in key areas of the mobile Internet experience: 4G speed, broad coverage and network reliability.
AT&T's significant investment over the past three years is delivering customers a stronger network performance. The AT&T wireless network recently ranked No.1 in Boston by RootMetrics((R)), an independent research and testing organization. AT&T was named the RootMetrics RootScore((R)) Combined Award winner for its combination of call quality, text performance, and mobile Internet speed. The RootMetrics award is the result of more than 65,000 wireless test calls, texts and mobile Internet transmissions conducted during October 2012.
"We know the mobile Internet has become central to our customers' lives, and we're committed to driving both investment and innovation to deliver the best possible experience over the AT&T network," said Steve Krom, vice president and general manager, AT&T New England. "While third-party and internal testing shows that these investments are paying off with excellent service for greater Boston-area customers, we are continually planning and deploying network enhancements to improve service in the future."
2012 Network Enhancements Deliver Faster Speeds, Broader Coverage to Customers
AT&T customers are benefitting from nearly 1,200 wireless network upgrades in six key categories in the greater Boston area during 2012, including activating new cell sites, adding capacity, upgrading cell sites to provide fast 4G LTE mobile Internet speeds, deploying high-capacity Ethernet connections to cell sites, and adding or upgrading Distributed Antenna Systems, which boost wireless coverage and capacity in buildings and at major venues like convention halls or sports arenas.
AT&T launched 4G LTE in the Boston area in October 2011. AT&T 4G LTE is the latest generation of wireless network technology and provides faster mobile Internet speeds -- up to 10 times faster than 3G**-- and improved performance on a variety of mobile smartphones and tablets.
The AT&T 4G LTE network has been nationally recognized for its speed and coverage. AT&T 4G LTE delivered faster average download speeds than any of the competitors in PCWorld's most recent 13-market speed tests, and telecommunications industry analyst firm Frost and Sullivan awarded AT&T its North American Mobile Network Strategy Award for the second year in a row in 2012.
"Across greater Boston, this robust investment in the AT&T wireless and wireline networks is important to spurring the economy and creating jobs. In our wireless world, mobile and broadband networks create economic opportunities for health care, manufacturing, education, transportation and public safety and virtually every other economic sector," said Patricia Jacobs, president, AT&T New England.
Also in 2012, AT&T completed the installation of a new 4G LTE-capable Distributed Antenna System (DAS) in the TD Garden in Boston. DAS, which consists of multiple strategically placed antennas that distribute AT&T's wireless network coverage throughout an area, has the ability to provide enhanced, more consistent wireless coverage to customers in indoor or outdoor spaces where geographical limitations - terrain, building construction, etc. - or crowd density might otherwise prevent the optimal wireless experience.
Planned Investment to Expand Reach of Wireless and Wired Broadband
AT&T recently launched Project Velocity IP (VIP), a three-year investment initiative to expand and enhance its wireless and wired IP broadband networks. As part of Project VIP, AT&T plans to increase the density of its wireless network by deploying more than 10,000 macro sites, more than 1,000 distributed antenna systems, and more than 40,000 small cells. Through this initiative, we also plan to:
-- Expand 4G LTE to cover more than 300 million people by year-end 2014 -- Expand the AT&T wired IP broadband network to cover approximately 75 percent of customer locations in our wired service area by year-end 2015 -- Expand the AT&T fiber network to reach 1 million additional business locations by year-end 2015
For more information about AT&T's coverage in Boston or anywhere in the U.S., 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.
**Limited 4G LTE availability in select markets. 4G speeds not available everywhere. LTE is a trademark of ETSI. Compatible device and data plan required. Up to 10x claim compares 4G LTE download speeds to industry average 3G download speeds. Learn more at att.com/network.
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 internationally. With a powerful array of network resources that includes the nation's largest 4G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, 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.
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) 2013 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 Statements
Information 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.
CONTACT: Meaghan Wims, Duffy & Shanley for AT&T New England,
Web site: http://www.att.com/
SAN JOSE, Calif., March 11, 2013 /PRNewswire/ -- NANOTECH ENTERTAINMENT (OTCPINK: NTEK) today announced that it had a successful test of its NanoFlix live streaming technology this past weekend. In partnership with Lake Tahoe Television and WEG Group, NanoTech provided a live stream of The North Face Park+Pipe Open Series finals this past Sunday from Northstar ski resort in Lake Tahoe California. NanoTech provided a live stream that was viewable on a wide variety of platforms including iPhone, iPad, Android Phone, Android Tablets, PC, MAC as well as on Television viewers on the Roku platform.
CEO Jeffrey A. Foley stated, "We had a last minute opportunity to be involved with this amazing event and jumped at the chance to show off our streaming technology. We learned a lot during the weekend and were able to successfully stream the event with minimal onsite staff requirements while proving out our backend and server technology. With the success of this test, we looking forward to working with Lake Tahoe Television and the WEG Group and will be streaming other live events later this month."
NanoTech's Media Group has been focused on developing the next generation of viewing experiences with its flagship NanoFlix technology. NanoFlix is a cloud based solution that combines on-demand and live streaming services delivered on a wide variety of platforms including televisions via set top boxes such as Roku, SmartTV's via direct built in apps, mobile phones, handsets, tablets and desktop computers.
Foley closed by stating "By combining state of the art remote configurable encoding hardware, cloud based servers and transcoders, and our scalable network infrastructure we are able to provide high quality video broadcasts at a fraction of the costs of traditional systems. We truly believe that we are in the midst of a paradigm shift in broadcasting and that our technology represents The Future of Television."
The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. All other marks are the property of their respective owners. "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved
Contact: Denise Clifford Phone: (702) 518-7410 Email: email@example.comNanoTech Entertainment
Web site: http://www.nanotechent.com/
SANTA ROSA, Calif., March 11, 2013 /PRNewswire/ -- Democrasoft, Inc. announced today that effective March 8, 2013, all of its assets and liabilities were transferred into one of its two wholly-owned subsidiaries, Collaborize, Inc. This new private company expects to issue new securities, as appropriate, to interested investors. Reflecting its status as a holding company, Democrasoft will be renamed Democrasoft Holdings, Inc., and the subsidiary (the operating company) will do business as Democrasoft.
The public company (currently Democrasoft, Inc.) will initially be the sole shareholder of the operating company. It will engage in no other activities for the foreseeable future, except as it may benefit from the operations of its private subsidiary. The financial results of the two companies will be consolidated, as required by the accounting rules, and both companies will cease publicly distributing financial or other information.
According to Democrasoft Chairman & CEO Richard Lang, "We are responding to a long-standing fund-raising obstacle, as well as the advice of potential and existing investors who are reluctant to invest in a company whose stock is thinly traded on the public "pink sheets," where our market valuation and liquidity have typically been disconnected from the true value that we believe is inherent in our company and its current and potential opportunities."
"By operating in the form of a private company, we can offer new investors a greatly simplified investment vehicle with only one existing shareholder, our holding company. Meanwhile, we plan to preserve the eventual liquidity that may be available to our shareholders through our public vehicle, upon the success of our private subsidiary" said Lang.
For more information or to schedule an interview with Democrasoft senior management, please contact Mark Kithcart at: firstname.lastname@example.org call 888-993-8683 x 706.
Democrasoft is an innovation and licensing company with a history of pioneering technology. It is the creator of the Collaborize platform and Collaborize Classroom (www.CollaborizeClassroom.com), the multi-award-winning blended-learning platform for grades K-20. It is also the creator of patented and award-winning WeJIT (http://www.mywejit.com), a new model for self-contained, topic-based online collaboration that stretches across various platforms and communities. Democrasoft is dedicated to facilitating a vision of online "social networking with purpose." For more information, please visit www.Democrasoft.com.
Certain statements in this press release constitute "forward-looking statements.'' All statements other than statements of historical facts included in this press release, including those regarding our future financial position and results, business strategy, plans and objectives of management for restructuring, fund raising and future operations are forward-looking statements.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we will operate in the future. Factors that could cause our actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, changes in the political, economic or regulatory conditions in the markets in which we operate, material disruptions in the education and publishing industries and other factors.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.Democrasoft, Inc.
Web site: http://www.Democrasoft.com/
SEOUL, South Korea and CUPERTINO, Calif., March 11, 2013 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip") , a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products, today announced that it has introduced a step-down DC/DC converter (model: MAP7153) designed to improve smartphone power amplifier performance and efficiency.
The MAP7153 optimizes power efficiency and extends smartphone battery life by converting output voltage into bypass or high voltage while operating in high power mode, or into low voltage while in low power mode.
The MAP7153 features fast transition time, excellent line and load regulation, and minimum footprint as a result of its reduced die size and small 1.32mm x 1.27mm WLCSP package. Two switching frequencies are also selectable in the MAP7153. A 3 MHz option provides improved efficiency while a 6 MHz option saves printed circuit board space by utilizing smaller inductors.
"Customers are demanding increased performance and power efficiency from their smartphones," said H.K. Kim, EVP and General Manager of MagnaChip's Display and Power Solutions Divisions. "By incorporating our MAP7153 into their designs, smartphone manufacturers can continue to provide new and improved products that significantly enhance energy efficiency and battery capacity in the fast growing smartphone market."
About MagnaChip Semiconductor
Headquartered in South Korea, MagnaChip Semiconductor is a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products for high volume consumer applications. MagnaChip Semiconductor believes it has one of the broadest and deepest range of analog and mixed-signal semiconductor platforms in the industry, supported by its 30-year operating history, a large portfolio of registered and pending patents, and extensive engineering and manufacturing process expertise. For more information, please visit www.magnachip.com.
CONTACTS -------- In the United States: In Korea: Robert Pursel Chankeun Park Director of Investor Relations Senior Manager, Public Relations Tel. +1-408-625-1262 Tel. +82-3-6903-3195 email@example.com firstname.lastname@example.org
Web site: http://www.magnachip.com/
NEW YORK, March 11, 2013 /PRNewswire/ -- EPR Properties announced today that its March 7th RetailInvestorConferences.com presentation is now available for on-demand viewing.
LINK: www.retailinvestorconferences.com > red "register/ watch event now" button
EPR Properties' presentation will be available 24/7 for 90 days. Investors may download shareholder materials from the "virtual trade booth" for the next three weeks.
About EPR Properties
EPR Properties is a specialty real estate investment trust (REIT) that invests in properties in select market segments which require unique industry knowledge, while offering the potential for stable and attractive returns. Our total investments exceed $3.2 billion and our primary investment segments are Entertainment, Recreation and Education. We adhere to rigorous underwriting and investing criteria centered on key industry and property level cash flow standards. We believe our focused niche approach provides a competitive advantage, and the potential for higher growth and better yields. Further information is available at www.eprkc.com.
Since 2010, RetailInvestorConferences.com has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with retail investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Retail Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
This March 7th REIT investor conference is sponsored and organized with CCG Investor Relations.EPR Properties
CONTACT: EPR Properties, Brian Moriarty, Vice President - Corporate
Communications, email@example.com, +1-816-472-1700, Toll Free: 888-EPR-REIT;
RetailInvestorConferences.com, Bradley H. Smith,
Web site: http://www.eprkc.com/
SAN DIEGO, March 11, 2013 /PRNewswire/ -- Leap Wireless International, Inc. today announced that its wholly owned subsidiary, Cricket Communications, Inc. ("Cricket"), entered into an amendment to its existing senior secured credit agreement on March 8, 2013 to provide for a new delayed-draw incremental term loan facility of up to $1,425 million principal amount.
Subject to the satisfaction of certain conditions precedent (including delivery of a notice of redemption to redeem all of Cricket's 7.75% Senior Secured Notes due 2016 (the "Secured Notes")), term loans under the incremental term loan facility may be borrowed, in whole or in part, in a single drawing by Cricket at any time on or prior to May 7, 2013. Cricket has agreed to pay lenders a ticking fee equal to 0.50% per annum on the undrawn amount of the incremental term loan facility per day from and after March 15, 2013. Term loans under the incremental term loan facility would mature in March 2020 and bear interest at the London Interbank Offered Rate ("LIBOR") plus 3.50% (subject to a LIBOR floor of 1.25%) or at the bank base rate plus 2.50% (subject to a base rate floor of 2.25%), as selected by Cricket. Borrowings under the incremental term loan facility would be repaid in 26 quarterly installments equal to 0.25% times the initial principal amount borrowed, commencing on September 30, 2013, followed by repayment of the balance at maturity.
Net proceeds from the incremental term loan facility are required to be used to redeem, discharge and/or purchase all of the Secured Notes and up to $250 million in aggregate principal amount of Leap's 4.50% Convertible Senior Notes due 2014 (the "Convertible Notes"), including payment of any associated premiums, accrued interest, fees and expenses. Remaining net proceeds may be used for general corporate purposes.
Deutsche Bank Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities, LLC and Citigroup Global Markets, Inc. acted as the joint lead arrangers and joint book runners for the incremental term loan facility, and Bank of America, N.A. acted as syndication agent. Lazard Freres & Co. LLC acted as a financial advisor to Leap in connection with the incremental term loan facility.
This press release is for informational purposes only and is not an offer to purchase or a solicitation of an offer to sell any of the Secured Notes or Convertible Notes.
Leap provides innovative, high-value wireless services to a young and ethnically diverse customer base. With the value of unlimited wireless services as the foundation of its business, Leap pioneered its Cricket service. Cricket products and services are available nationwide through company-owned stores, dealers, national retailers and at MyCricket.com. Through its affordable, flat-rate service plans, Cricket offers customers a choice of unlimited voice, text, data and mobile Web services. Headquartered in San Diego, Calif., Leap is traded on the NASDAQ Global Select Market under the ticker symbol "LEAP." For more information, please visit www.leapwireless.com.Photo: http://photos.prnewswire.com/prnh/20101220/MM20546LOGO-a
CONTACT: Greg Lund, Media Relations, +1-858-882-9105,
firstname.lastname@example.org, or Amy Wakeham, Investor Relations,
Web site: http://www.leapwireless.com/
PLANO, Texas, March 11, 2013 /PRNewswire/ --
Who: ViewCast Corp. , developer of industry-leading video streaming solutions including Niagara(R) streaming media systems, Osprey(R) video capture cards, and video management solutions.
What: ViewCast will exhibit at CABSAT 2013 and show product demos with partner Harris Broadcast, a company that develops uniquely integrated digital media solutions that streamline the entire content workflow from live production to transmission. ViewCast will also show product demos with MediaCast, a media solution expert based in Dubai.
-- ViewCast will demonstrate the latest in the line of streaming media systems, the Niagara 9100-4D - a digital high-density encoder platform. ViewCast will also have on display the latest video capture cards, Osprey 825e, a powerful card in a compact size, as well as the Osprey 100e, used for video-only camera feeds. -- In collaboration with ViewCast, Harris Broadcast (Hall 7, Stand #C7-10) will demonstrate its technological capabilities by transmitting four TV channels, plus a live show-floor feed, which attendees will be able to view on iPads and iPhones on the show floor as well as on a Flash player on computers. -- ViewCast's partner, MediaCast (Hall 6, Stand #D6-10) will also demonstrate the Niagara 9100-4D. -- ViewCast will also demonstrate IPTV/OTT with Amino set top boxes.
When: Exhibition hall hours: Tuesday - Wednesday, March 12-13, 10:00am-6:00pm; and Thursday, March 14, 10:00am-5:00pm
Where: Hall 6, Stand #B6-30; Dubai World Trade Centre, Sheikh Zayed Rd, Dubai, United Arab Emirates
Why: As the number of internet-connected devices rapidly multiplies, so does consumer demand for over-the-top content delivery to connected TVs, set top boxes, tablets and smartphones. ViewCast supports this demand by enabling high-quality, cost-effective video streaming for broadcasters, service providers and enterprises to reach audiences anywhere - in their homes, workplaces, or on the go, enabling an unparalleled user experience. With top software partners, ViewCast applications allow any organization to turn video into a competitive advantage without breaking the bank.
To arrange a meeting with ViewCast at CABSAT 2013, please contact: email@example.com.
ViewCast enables anyone to deliver video whenever, wherever. With more than 400,000
Osprey(R) video capture cards and thousands of Niagara(R) streaming systems deployed globally,
ViewCast is at the forefront of the video industry. ViewCast (http://www.viewcast.com) is headquartered in Plano, Texas, USA, with sales and distribution channels located globally. ViewCast, Niagara SCX, Osprey, SimulStream, and Niagara are trademarks or registered trademarks of ViewCast Corporation or its subsidiaries. All other products are trademarks or registered trademarks of their respective companies.
CABSAT is Middle East's largest digital media & satellite expo, and is the established and respected trade platform for the digital media and satellite sectors across the Middle East, Africa, and Southern Asian regions. For more information, please visit: http://www.cabsat.com/
Cathy Goerz for ViewCast Corp.
Web site: http://www.viewcast.com/
NEW YORK, March 11, 2013 /PRNewswire/ -- Extra Space Storage Inc. announced today that its March 7th RetailInvestorConferences.com presentation is now available for on-demand viewing.
LINK: www.retailinvestorconferences.com > red "register/ watch event now" button
Extra Space Storage Inc.'s presentation will be available 24/7 for 90 days. Investors may download shareholder materials from the "virtual trade booth" for the next three weeks.
About Extra Space Storage Inc.
Extra Space Storage Inc., headquartered in Salt Lake City, is a fully integrated, self-administered and self-managed real estate investment trust that owns and/or operates 910 self-storage properties in 34 states, Washington, D.C. and Puerto Rico. The company's properties comprise approximately 610,000 units and more than 67.0 million square feet of rentable storage space offering customers conveniently located and secure storage, including business storage. Extra Space Storage is the second-largest owner and/or operator of self-storage properties and is the largest owner and/or operator of self-storage properties in the United States and is the largest self-storage management company in the United States.
Since 2010, RetailInvestorConferences.com has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with retail investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Retail Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
This March 7th REIT investor conference is sponsored and organized with CCG Investor Relations.Extra Space Storage Inc.
CONTACT: Extra Space Storage, Clint Halverson, +1-801-365-4600,
firstname.lastname@example.org; RetailInvestorConferences.com, Bradley H. Smith,
Web site: http://www.extraspace.com/
SAN JOSE, Calif., March 11, 2013 /PRNewswire/ -- Xilinx, Inc. will demonstrate 400G optical and wired OTN applications based on its 7 series All Programmable FPGAs and recently announced portfolio of SmartCORE(TM) IP. These demonstrations highlight Xilinx's commitment to address the growing ASIC and ASSP gaps for wired networks, enabling customers to design and deliver smarter and more efficient communications systems for next-generation smarter networks. Visit Xilinx at OFC 2013 in Anaheim, Calif. from March 19-21, at the Anaheim Convention Center, Booth #1426.
Xilinx Booth demonstrations
4x 100G OTN Transponder on a Virtex(R)-7 FPGA
-- This demonstration showcases the world's first 400G capacity OTN single-chip solution and features 13.1 Gbps (GTH) transceivers that provide robust performance at line rates that exceed ASSP and competitive offerings. This compact, cost-effective OTN solution incorporates fully-featured 4x 100G Transponder OTN SmartCORE IP, enabling customers to build smarter solutions that address their market needs for 100G and 400G+ line cards.
400G OTN Test Development Platform
-- This platform features a highly-integrated, single Virtex-7 FPGA capable of prototyping OTN Muxponder, Transponder and switching solutions that scale from 10 Gbps to 400 Gbps. The advance prototyping capability combined with availability of optimized IP cores minimizes development risk and reduces time-to-market.
XFEC: The Xilinx(R) Proprietary 100G Super FEC Solution Demonstration
-- This demonstration showcases the Xilinx 100G XFEC (High Gain Xilinx Forward Error Correction) capabilities on a video stream with the programmable noise level controlled through a GUI. With a coding gain in excess of 9.35 dB and a latency of 11uS the 100G XFEC enables longer reach, lower cost optical links for smarter, bandwidth efficient networks to be realized.
Xilinx Interoperability Demonstrations
Optical Internetworking Forum (OIF) Booth #2769
-- Xilinx will demonstrate interoperability between its 28 Gbps (GTZ) transceiver and a Fujitsu CFP2 optical module running at 25.78 Gbps. Leveraging the OIF-CEI-28G-VSR implementation agreement, this demonstration illustrates real-world integration of 100G networking systems.
Oclaro Booth #2701
-- Xilinx will demonstrate its 28 Gbps capable GTZ transceivers interoperating with an Oclaro CFP2 module at 25.78 Gbps. Attendees will see how to create a more intelligent network through our Virtex-7 HT family with up to 16 x 28 Gbps (GTZ) transceivers that communicate directly with CFP2 optical modules (up to x4), thereby removing external Gearbox ASSP and retimers - reducing cost, power, footprint and board complexity.
Ethernet Alliance Booth # 2909
-- Xilinx will demonstrate interoperability between its 28 Gbps GTZ transceiver and a Finisar CFP2 optical module operating at 25.78 Gbps.
Reflex Photonics Booth # 1046
-- Xilinx will demonstrate a 123.75 Gbps optical link based upon Virtex-7 FPGA 12.5 Gbps (GTX) transceivers interoperating with a Reflex Photonics Reflex 123.75 Gbps LightABLE. The Xilinx Virtex-7 T devices support up to 56 x 12.5 Gbps (GTX) transceivers and the Virtex-7 XT devices support up to 96 x 13.1 Gbps (GTH) transceivers enabling the highest reliability links, best performance per-watt and fastest time-to-market.
Tuesday, March 19 - 2:00 p.m. to 4:00 p.m., Room #304D
Optical Network Architecture and Technology for Financial Applications, Richard
Cosgrave, Xilinx communication business unit OTN marketing manager
Tuesday, March 19 - 3:00 p.m. to 3:20 p.m., Ethernet Alliance Booth #2909
The Role of the FPGA in 400GE Technology Development, Dr. Gordon
Brebner, Xilinx CTO's office
Wednesday, March 20 - 1:50 p.m. - 2:40 p.m., Expo Theater II
The Need for Speed: The Role of FPGA Technology in 400G Networking, Dr. Gordon
Brebner, Xilinx CTO's office
About OIF Interoperability 2013
More than ten OIF member companies will unite under the banner of the Optical Internetworking Forum to showcase multi-vendor participation in OIF Interoperability 2013 - Enabling the Next-Generation of 100G Optical Modules. The OIF's PLL demonstration will showcase the draft CEI-28G-VSR implementation agreement key to enabling the next generation of more efficient, smaller form factor 4x 25G Optical Modules.
A public demonstration of the event will be on display March 19-21, 2013 at OFC/NFOEC in Anaheim, CA, OIF Booth #2769. Additional information can be found at http://www.oiforum.com/public/OIF_Interoperability_2013.html.
Xilinx is the world's leading provider of All Programmable FPGAs, SoCs and 3D ICs. These industry-leading devices coupled with a next-generation design environment and IP are key to Xilinx's solutions for Smarter Networks and Data Centers. These smarter solutions enable programmable systems integration and serve a broad range of customer needs. For more information, visit www.xilinx.com.
Xilinx, the Xilinx logo, Artix, ISE, Kintex, Spartan, Virtex, Zynq, Vivado, and other designated brands included herein are trademarks of Xilinx in the United States and other countries. All other trademarks are the property of their respective owners.
Silvia E. Gianelli
Web site: http://www.xilinx.com/
NEW HYDE PARK, N.Y., March 11, 2013 /PRNewswire/ -- Kimco Realty Corp. today announced that its March 7th RetailInvestorConferences.com presentation is now available for on-demand viewing.
Click red "Register/Watch Event Now!" button.
Complete the short registration form and click "Submit."
Click "Auditorium" to access Kimco's live presentation.
Additional Information: A link to an archived, on-demand replay of Kimco's webcast presentation will be available for 90 days through Kimco's investor relations site at investors.kimcorealty.com. In addition, investors may also download shareholder materials from the "virtual trade booth" found on the retailinvestorconferences.com website for the next three weeks.
Additional Information: After the webcast, attendees will have the opportunity to visit Kimco's trade booth in the Exhibit Hall to ask follow-up questions and receive additional information about the company. In addition, a link to an archived, on-demand replay of Kimco's webcast presentation will be available for 90 days on Kimco's investor relations site at investors.kimcorealty.com.
Kimco Realty Corp. is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that owns and operates North America's largest portfolio of neighborhood and community shopping centers. As of Sept. 30, 2012, the company owned interests in 922 shopping centers comprising 135 million square feet of leasable space across 44 states, Puerto Rico, Canada, Mexico and South America. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years. For further information, please visit www.kimcorealty.com, the company's blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.
Since 2010, RetailInvestorConferences.com, created by BetterInvesting (NAIC) PR Newswire and MUNCmedia, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with retail investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Retail Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network and MUNCmedia's sophisticated retail investor targeting.Kimco Realty Corp.
CONTACT: Kimco Realty Contact, David F. Bujnicki, Vice President, Investor
Relations and Corporate Communications, +1-866-831-4297,
email@example.com; RetailInvestorConferences.com, Bradley H. Smith,
Web site: http://www.kimcorealty.com/
MONROE, La., March 11, 2013 /PRNewswire/ -- CenturyLink, Inc. , the nation's third-largest telecommunications company and a global leader in cloud infrastructure and hosted IT solutions, today is launching a new advertising campaign across the U.S. designed to highlight the company's advanced network, managed hosting and cloud capabilities.
To view the multimedia assets associated with this release, please click: http://www.multivu.com/mnr/60744-centurylink-new-u-s-advertising-campaign-aimed-at-businesses-of-all-sizes
In television, print and online ads, CenturyLink is reinforcing its commitment to being a business partner that provides leading global broadband, cloud infrastructure and hosted IT solutions. The campaign is about freeing businesses to focus on innovation and growth by providing them with dedicated, responsive support and the capabilities needed to make their business even more reliable, secure and agile.
"We believe our new campaign helps reinforce CenturyLink's competitive position by highlighting our unique ability to provide fully integrated, scalable end-to-end solutions for businesses of all sizes," said Glen F. Post, III, CenturyLink's chief executive officer and president. "Our products and services, along with our dedicated customer service, mean we can provide real value to our customers and enable them to focus on what they do best - run their businesses."
While CenturyLink is highlighting its business offerings in this campaign, it is still committed to providing broadband, entertainment and voice services to the millions of consumers it serves across the U.S.
"Though this brand campaign focuses on our business offerings, our strong commitment to our residential customers remains," Post said. "We are dedicated to being the leading broadband provider in our markets and we continue to roll out new and innovative products, such as CenturyLink((R)) Prism(TM) TV."
CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and hosted IT solutions for enterprise customers. CenturyLink provides data, voice and managed services in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers for businesses and consumers. The company also offers advanced entertainment services under the CenturyLink(R) Prism(TM) TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations. For more information, visit www.centurylink.com.
CONTACT: Annmarie Sartor, +1-318-388-9671, Annmarie.Sartor@CenturyLink.com
Web site: http://www.centurylink.com/
SUNNYVALE, Calif., March 11, 2013 /PRNewswire/ -- Trimble announced today that a SITECH((R)) Technology Dealer has been established to serve the state of Louisiana. SITECH Louisiana joins the premier network of SITECH dealerships--the first fully dedicated global distribution network offering the most comprehensive portfolio of construction technology systems available to the heavy civil construction contractor.
SITECH Technology Dealers represent Trimble((R)) and Caterpillar((R)) machine control systems for the contractor's entire fleet of heavy equipment regardless of machine brand, along with Trimble's portfolio of Connected Site(R) solutions--site positioning systems, construction asset management services, software and powerful wireless and Internet-based site communications infrastructure.
The experienced construction professionals at each SITECH Technology Dealership can advise contractors on the appropriate construction technology solutions to utilize, and can provide high-quality local customer service, personalized training and technical support. As authorized dealers for Trimble site-wide solutions and Caterpillar's machine control systems, the SITECH Technology Dealers understand how to apply innovative construction technology to help solve a variety of contractors' construction challenges. Leveraging technology, contractors can gain greater insight into their operations, enabling them to lower operating costs and improve accuracy, safety and productivity.
Through the adoption of construction technology, contractors can experience new levels of productivity that enable more competitive bidding on projects. SITECH Technology Dealers offer the most advanced and complete set of tools to revolutionize the construction workflow.
Trimble is establishing a SITECH Technology Dealer network in the Americas, Europe and Asia / Pacific regions. SITECH Louisiana will serve heavy civil construction contractors in the state of Louisiana involved in a range of earthmoving applications such as the construction of roads, highways, railways and airports as well as site prep for large commercial, industrial and residential projects.
For more information about SITECH Dealers, visit: www.sitech-construction.com.
About SITECH Louisiana
SITECH Louisiana is now a part of the worldwide SITECH distribution network, which offers consultative advice on construction technology solutions, customized training, data services, installation, service and technical support.
About Trimble's Heavy Civil Construction Division
Trimble's Heavy Civil Construction Division is a leading innovator of productivity solutions for the heavy civil construction contractor. Trimble's solutions leverage a variety of technologies, including Global Positioning System (GPS), construction lasers, total stations, wireless data communications, the Internet and application software. As part of the Trimble Connected Site strategy, these solutions provide a high-level of process and workflow integration from the design phase through to the finished project--delivering significant improvements in productivity throughout the construction lifecycle.
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.
CONTACT: Investors, Willa McManmon, +1 408-481-7838,
firstname.lastname@example.org, or Lea Ann McNabb, Media, +1 408-481-7808,
Web site: http://www.trimble.com/
REDMOND, Wash., March 11, 2013 /PRNewswire/ -- Concur , a global leader in integrated travel and expense management, today announced it acquired privately-held conTgo, a leading cloud-based mobile communications and messaging platform for the global travel industry. conTgo, based in the UK and Australia, provides its communication platform to corporate customers and TMCs.
conTgo adds comprehensive location-based services with advanced mobile communications and messaging capabilities to Concur's offerings, extending the value of the Concur T&E Cloud for partners, suppliers and clients alike.
Concur expects to leverage conTgo's market-leading technology to provide a range of new services designed to optimize the traveler experience. By using itinerary data and location information with insight and context from past behavior, Concur and Concur T&E Cloud partners will have the technology and capability to deliver applications that can:
-- Take care of employees no matter where they book - Proactively manage duty of care programs by consolidating and matching booking data with risk intelligence so companies can track, locate and communicate with travelers 24/7 with relevant value-added services. -- Make travel plans around colleagues - Enable travelers to plan a trip using location and hotel data from select colleagues so that everyone can stay in the same hotel and/or city. -- Get discounts or offers from favorite merchants - Enable delivery of offers to travelers from frequently-visited merchants based on location and itinerary data. -- Make the most of a travel delay - Enable delivery of offers to travelers from airport merchants in the event of a flight delay, turning the inconvenience into an opportunity for the traveler and the merchant. -- Carpool with colleagues - Enable travelers who arrive at the same airport and stay at the same hotel to catch a ride together through a service that associates them all with an available ground transportation provider, saving time and money.
"We continue to seek out game-changing technologies that enhance the business travel experience and advance our vision for the Perfect Trip," said Michael Hilton, EVP of Product Strategy at Concur. "The conTgo team developed an award-winning solution for companies to track, locate and communicate with employees regardless of their location. Working together with the Concur ecosystem of application developers, customers, and suppliers, we plan to deliver a variety of new location-based applications that benefit companies and their travelers alike."
"We are excited about this perfect fit of both technology and culture between our companies," said conTgo founders Henrik Conradsen and Johnny Thorsen, who join Concur in new senior management roles. "We will continue to deliver duty of care offerings to our customers and partners and plan to use our award-winning technology for new services that support Concur's vision of The Perfect Trip."
Concur customers worldwide can immediately enhance their existing corporate travel booking and expense management solutions with the addition of conTgo's award-winning duty of care solutions and the Concur Locate and Alert offering, which will leverage the conTgo platform. The combined solutions will be the only duty of care solutions on the market to monitor travel regardless of the source of booking - supporting the trend of Open Booking.
The terms of the acquisition were not disclosed. Neither the financial terms nor the revenue impact of the conTgo business are material to the Company's business outlook for fiscal 2013. Due to increased operating costs related to acquired headcount, the company expects modest dilution to its expected non-GAAP operating margin range for Fiscal 2013 and expects the acquisition to be neutral to accretive to non-GAAP operating margin in Fiscal 2014.
Concur is a leading provider of integrated travel and expense management solutions. Through Concur's open platform the entire travel and expense ecosystem of customers, suppliers, and developers can access and extend Concur's T&E cloud. Concur's systems adapt to individual employee preferences and scale to meet the needs of companies from small to large. Learn more at www.concur.com or the Concur blog.
This press release contains forward-looking statements that are inherently uncertain. These forward-looking statements, such as the statements made by Messrs. Hilton, Conradsen, and Thorsen, are based on current expectations and involve many risks and uncertainties that could cause actual results to differ materially from current expectations. Factors that could cause or contribute to actual results differing from current expectations include, but are not limited to: potential difficulties or delays in connection with the conTgo acquisition, including the anticipated benefits of the acquisition, or the broader integration of the Concur and conTgo businesses; potential delays in market adoption and penetration of our service offerings; potential difficulties associated with our deployment and support of our products and services; our ability to manage expected growth of our service offerings, including those integrating the conTgo offerings; retention and expansion of customers; continued use and adoption of on-demand services; the scalability of the hosting infrastructure for our integrated service offerings; changes in the level of business travel that may reduce the use of our products and services or inhibit new sales of our integrated products and services; potential difficulties associated with strategic relationships and with development of new products and services, including those incorporating conTgo's offerings; uncertain market acceptance of our combined products and services or future products and services; and the overall level of customer demand for our offerings.
Please refer to the company's public filings made with the SEC (http://www.sec.gov) for additional and more detailed information on risk factors that could cause actual results to differ materially from current expectations. Concur assumes no obligation to update the forward-looking information contained in this press release.Concur
CONTACT: Press, Kristin Prigmore, Weber Shandwick for Concur,
+1-206-576-5551, email@example.com; Investors, Todd Friedman,
Concur, +1-415-401-1205, Todd.Friedman@concur.com
Web site: http://www.concur.com/
CALABASAS, Calif. and FREMONT, Calif., March 11, 2013 /PRNewswire/ -- National Technical Systems, Inc. (NTS), a leading provider of testing and engineering services, announced today that it has entered into an alliance agreement with RF Exposure Lab, a wireless testing laboratory specializing in RF (radio frequency) safety testing, to provide Specific Absorption Rate (SAR) testing services at the NTS Silicon Valley laboratory in Fremont, CA.
SAR testing is a requirement for various types of hand-held or body-worn wireless equipment, such as smart phones and touch pads. The purpose of SAR testing is to ensure the safety of devices that intentionally emit RF energy. The rapid proliferation of such devices is increasing the need for SAR testing services by many different manufacturers of wireless equipment. The addition of these new testing services expands the overall portfolio of wireless-related solutions that NTS is able to offer its customers in the Silicon Valley region and around the country.
"This alliance with RF Exposure Lab supplies a key piece in our overall service offering for wireless equipment manufacturers," said NTS President and CEO William McGinnis. "We have heard the demands from our customers who require these new testing services and we have responded. There is a major international market for SAR testing, and a large market in the Bay Area alone, and it's a capability that is necessary to properly service our clients."
The new NTS SAR testing laboratory in Fremont is capable of testing virtually any wireless device on the market, including tablets, handsets, and body worn devices and certifying them for domestic and international compliance. This service offering complements NTS Silicon Valley's expanding EMC and RF testing capabilities.
The alliance with San Diego-based RF Exposure Lab, a widely-known industry leader in the field of SAR testing, allows NTS to be able to bring this highly sophisticated new type of service online rapidly and with the benefit of best-in-class testing and reporting practices in place at launch.
"This alliance with NTS is beneficial to both companies," said Jay Moulton, Vice President of RF Exposure Lab. "It gives RF Exposure Lab a presence in the Silicon Valley region and all of NTS' many laboratories with a quality EMC laboratory to fulfill their and our area clients' needs."
The new SAR testing services are currently online and available to customers. More information can be found at www.nts.com or by calling 1-800-270-2516.
About RF Exposure Lab
RF Exposure Lab, LLC is a privately owned independent A2LA Accredited SAR testing facility located in Southern California. The company provides radio frequency device manufacturers and existing FCC test laboratories with a SAR testing and certified report laboratory. Learn more about RF Exposure Lab services at http://www.rfexposurelab.com/
About National Technical Systems
National Technical Systems, Inc. is a leading provider of engineering services to the aerospace, defense, telecommunications, automotive and high technology markets. Through a world-wide network of resources, NTS provides full product life-cycle support, offering world class design engineering, compliance, testing, certification, quality registration and program management. For additional information about NTS, visit our website at www.nts.com or call 800-270-2516.
The statements in this press release that relate to future plans, events or performance, are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to customer orders, demand for services and products, development of markets for the companies' services and products and other risks identified in the companies' SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The companies undertake no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding National Technical Systems' business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
Contact: Allen & Caron Inc National Technical Systems Jill Bertotti (investors) Aaron Cohen (corporate) firstname.lastname@example.org email@example.com Len Hall (media) (818) 591-0776 firstname.lastname@example.org Tom Wetzel (technical) (949) 474-4300 email@example.com (408) 470-9291Photo: http://photos.prnewswire.com/prnh/20110329/NTSLOGO
Web site: http://www.ntscorp.com/
DUBAI, UAE, March 11, 2013 /PRNewswire/ --
Dubai World Trade Centre, Hall 1 - stand E1-10
- Satellite TV gathering pace at MENA's most popular video neighbourhood at 7degree(s)/8degree(s) West - 7/8degree(s) West breaks the barrier of 1,000 channels. 50 already in HDTV - Two newly launched Eutelsat satellites with first-class connectivity between the Middle East, Europe, Asia, Africa - Four additional satellites to launch before end 2015 with superior reach of the Middle East and Africa - KA-SAT unlocking new potential of its powerful all Ka-band platform for enterprises and the aeronautical market
With two thirds of its 30 satellites located between 8degree(s) West and 36degree(s) East, Eutelsat operates one of the most flexible and secure satellite systems to serve dynamic and enterprising digital markets in the Middle East and Africa.
At the annual CabSat Dubai exhibition and conference that assembles key players from broadcast, digital media and satellite sectors, Eutelsat will showcase its newest resources and solutions to support customers, broadcasters, service providers, telecom operators and government agencies as they grow their business across the region.
The 7/8 West video neighbourhood breaks the barrier of 1,000 channels. 50 in HDTV (+ 28% over 12 months)
In this expanding satellite TV universe, the most popular video neighbourhoods in the MENA region have consolidated their positions as key points of reference for TV homes across the region:
- The 7degree(s)/8degree(s) West neighbourhood, serving major broadcasters, has further consolidated its popularity, crossing the milestone of 1,000 channels. Over 50 TV channels are already in High Definition. To respond to the increasing consumer interest in the 7degree(s)/8degree(s) West neighbourhood and to partner the acceleration of HDTV, Eutelsat will redeploy an existing high-power Ku-band satellite to 8degree(s) West by end 2013. This will expand resources in advance of the launch by end 2015 of EUTELSAT 8 West B, Eutelsat's most advanced satellite, embarking new functionalities to take performance and signal protection to new levels. - Eutelsat's high-performance HOT BIRD satellites, home to the first Arabic private satellite TV channel in 1991, also continue to benefit from this dynamic with a strong line-up of channels in Arabic. Over 100 of the 1,100 channels broadcasting from the HOT BIRD satellites are in Arabic.
The most flexible and secure satellite system over Middle East and North Africa, with 20 satellites in operation
With 20 of its satellites connecting the Middle East and North Africa to the rest of the world, Eutelsat is uniquely placed to deliver exceptional levels of commercial flexibility across diverse markets ranging from broadcasting, telecoms, oil and gas to government communications.
This unique portfolio of resources includes C-band capacity connected to powerful continental footprints, and Ku-band capacity connected to high-power regional spotbeams optimised for broadcasting as well as for intercontinental connectivity. In the emerging Ka-band market, the powerful KA-SAT, designed for broadband services, offers innovative resources over North Africa and the Emirates.
EUTELSAT 70B and 21B, Eutelsat's two new innovative and flexible satellites will be highlighted in Dubai. Both are designed to provide ISPs, telecom and GSM operators, video companies and government service providers with regional coverage and connectivity between the Middle East, Europe, Africa, Asia and as far as Australia.
- Equipped with 40 transponders, EUTELSAT 21B has increased resources at the established 21degree(s) East position by 30% and opened a new service area over North-West Africa combined with interconnectivity with Europe, the Middle East and Central Asia. - Unique of its kind, EUTELSAT 70B has been specially designed to optimise resources from a single orbital slot at the crossroads of Europe, Africa, Asia and Australia. Four powerful regional beams connected to 48 Ku-band transponders are located on a single platform, allowing customers to benefit from regional coverage or to interconnect continents. EUTELSAT 70B has more than doubled capacity at 70.5degree(s) East for data and government services, broadband access, GSM backhauling and professional video exchanges.
Four out of seven Eutelsat satellites to launch over the next three years to boost resources for Middle East and North Africa
Eutelsat's long-term roadmap is clear: to continue to invest in order to renew and increase capacity as well as raise security so customer can boost their business and open new paths of expansion. Within the next three years, four out of seven of new Eutelsat satellites will take resources for the Middle East and Africa to a new level. This includes in particular the EUTELSAT 3B satellite, to be launched in early 2014, which will strengthen and enhance coverage over MENA for data and professional video services in the Ku-band as well as bring first class C-band capacity with extensive reach over Europe, MENA, Africa and most of South America.
Estimated launch Satellite (calendar ) Frequency band EUTELSAT 3D Q2 2013 Ku EUTELSAT 25B* Q3 2013 Ku / Ka EUTELSAT 3B H1 2014 Ku / Ka / C EUTELSAT 8 West B H1 2015 Ku / C
* Partnership satellite with Qatar Satellite Company.
KA-SAT to unlock new potential of its powerful all Ka-band platform for enterprises and the aeronautical market
The KA-SAT High Throughput Satellite is changing the paradigm for satellite broadband by driving down the per megabit cost of connectivity. At CabSat Dubai, Eutelsat will continue to unlock the potential of this powerful all Ka-band platform with new products for professional markets.
This will include a new aeronautical mobile service called Eutelsat Air Access, designed to accelerate the deployment of passenger in-flight connectivity by commercial airlines operating within the extensive coverage of KA-SAT, with speeds up to 100 Mbps per airline. Eutelsat will also present a new IP VPN access, back-up and off-load security-enhanced solution, developed with OneAccess to deliver high-speed satellite connectivity to businesses with up to 20 Mbps downlink and 6 Mbps uplink.
Where to meet us at CabSat Dubai
- Eutelsat Stand: Hall 1 - E1-10
GVF Satellite MENA Summit - Meeting Room Hatta G&H (above Exhibition Hall 2)
- March 13 - 1pm - 2.15pm : Conference Global & Regional Satellite Operators and High-Capacity/HighThroughput Satellites, with Olivier Anstett, Deputy Director, Multimedia and Value Added Services Department, Eutelsat
About Eutelsat Communications (http://www.eutelsat.com [http://www.eutelsat.com/home/index.html ])
Eutelsat Communications is the holding company of Eutelsat S.A. With capacity commercialised on 30 satellites delivering reach of Europe, the Middle East, Africa, Asia, significant parts of the Americas and the Asia-Pacific, Eutelsat Communications is one of the world's leading satellite operators. As of 31 December 2012 Eutelsat's satellites were broadcasting almost 4,500 television channels to over 200 million cable and satellite homes in Europe, the Middle East and Africa. The Group's satellites also provide a wide range of services for TV contribution, corporate networks and fixed and mobile broadband markets. Headquartered in Paris, Eutelsat and its subsidiaries employ over 780 commercial, technical and operational professionals from 30 countries.Eutelsat Communications
CONTACT: Press contacts: Vanessa O'Connor, Tel: +33-1-53-98-37-91,
firstname.lastname@example.org; Frederique Gautier, Tel: +33-1-53-98-37-91,
email@example.com; Marie-Sophie Ecuer, Tel: +33-1-53-98-37-91,
DANYANG, China, March 11, 2013 /PRNewswire/ -- Lihua International, Inc. ("Lihua" or the "Company"), a leading Chinese developer, designer, and manufacturer of low cost, high quality alternatives to pure copper products, including refined copper products and superfine and magnet wire, as well as copper clad aluminum ("CCA") wire, today announced that it will report earnings for the fourth quarter and full year ended December 31, 2012 on Friday, March 15, 2013, before the start of trading in the U.S.
The Company will host a conference call to discuss the results on Friday, March 15, 2013, at 8:00 a.m. Eastern time. Interested parties may access the conference call by dialing 1-877-941-1427 in the U.S. and Canada, or 1-480-629-9664 internationally.
For those unable to participate, an audio replay of the call will be available beginning approximately one hour after the conclusion of the live call through March 22, 2013. The audio replay can be accessed by dialing 1-800-406-7325 from the U.S or Canada, or 1 303 590 3030 internationally, and entering access ID No. 4606962#.
The call will be also be available as a live, listen-only webcast under the "Events and Presentations" page on the "Investor Relations" section of the Company's website at http://www.lihuaintl.com/Investor_Relations/Events_Presentations.html. Following the live webcast, an online archive will be available for 90 days.
About Lihua International, Inc.
Lihua, through its two wholly owned subsidiaries, Lihua Electron and Lihua Copper, is a leading value-added manufacturer of copper replacement products for China's rapidly growing copper wire and copper replacement product market. Lihua is one of the first vertically integrated companies in China to develop, design and manufacture lower cost, high quality alternatives to pure copper magnet wire and pure copper alternative products. Lihua's products include CCA and refined copper products. Current product offerings include CCA and pure copper wire, copper rod and copper anode. Except for CCA wire, all other products are produced from recycled scrap copper. Lihua's products are sold in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in a wide variety of industries including the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries. Lihua's corporate and manufacturing headquarters are located in the heart of China's copper industry in Danyang, Jiangsu Province. For more information, visit: http://www.lihuaintl.com.
To be added to the Company's email distribution for future news releases, please send your request to firstname.lastname@example.org.
The Piacente Group, Inc.
Brandi Floberg or Lee Roth
Web site: http://www.lihuaintl.com/
BEIJING, March 11, 2013 /PRNewswire/ -- Ku6 Media Co., Ltd., ("Ku6" or the "Company"), a leading internet video company in China, focused on User Generated Content ("UGC"), will announce its unaudited financial results for the fourth quarter and fiscal year 2012 on Friday, March 15, 2013, before the opening of the U.S. markets.
Ku6's management team will be hosting a corresponding conference call at 8:00 am EDT on Friday, March 15, 2013 (8:00 pm Beijing time on the same day).
International Dial-in Number: +65 67239381 United States Toll Free Number: 18665194004 Mainland China Toll Free Number: 4006208038 / 8008190121 Hong Kong Toll Free Number: 800930346 Conference ID: 21965063
A replay will be available from 10:00 am March 15, 2013 EDT for 7 days.
International Dial-in Number: +61 2 8199 0299 United States Toll Free Number: 18554525696 Mainland China Toll Free Number: 4001200932 / 8008700205 Hong Kong Toll Free Number: 800963117 Conference ID: 21965063
A live and archived webcast of the conference call will also be available at http://www.media-server.com/m/p/v73ay88z.
About Ku6 Media Co., Ltd.
Ku6 Media Co., Ltd. is a leading internet video company in China, focused on User Generated Content ("UGC"). Through its premier online brand and online video website, www.ku6.com, Ku6 Media provides online video uploading and sharing service, video reports, information and entertainment in China. For more information about Ku6 Media, please visit http://ir.ku6.com.
Ku6 Media Co., Ltd.
CONTACT: Ms. Helen Zou, Investor Relations Director, +86-10-5758 6835,
Web site: http://www.ku6.com//
CARACAS, Venezuela, March 11, 2013 /PRNewswire/ -- Level 3 Communications, Inc. today announced that Grupo La Caridad, the leading poultry producer and poultry genetics research company in Venezuela, has expanded its Level 3 Internet Protocol Virtual Private Network (IP VPN) solution to its subsidiary, Avicola la Rosita, headquartered in Maracaibo. As a result, all of Grupo La Caridad's employees - from farms to distribution centers to corporate headquarters - will have access to the company's communications resources.
Level 3's IP VPN solution will continue to facilitate the seamless exchange of large volumes of information through integrated satellite and terrestrial services in 33 locations throughout Venezuela, including Tachira, Aragua, Carabobo, Guarico, Zulia, Monagas, Falcon, Merida, Portuguesa, Cojedes, and Bolivar, among others. Level 3 began supporting Grupo La Caridad more than a decade ago.
"Level 3 has shown dedication and commitment implementing its solutions, always meeting all SLAs and enabling us to stay focused on our core business," said Adrian Rivero, systems manager of Grupo La Caridad.
"Level 3's IP VPN services simplify the network experience, enabling customers to stay focused on their business as well as on their business goals," said Diego Hernandez, director of Sales and Services for Level 3 in Venezuela. "These solutions provide the best performance, with the necessary global reach, reliability and network security to help Grupo La Caridad meet its targeted developments."
About Grupo La Caridad Holding
Grupo La Caridad is a Venezuelan company leader in the production of broiler chickens and associated benefits, as well as eggs for consumption and poultry genetics. Additionally they lead production of balanced food for pets, and are amongst pork and cold cuts top producers.
Their vision is to become leaders of animal protein production and trade in Venezuela, through highly efficient standards and competitive costs; as well as achieving an active participation of Venezuelans daily diet, thus consolidating their mission of providing high nutritional value products, freshness, variety and prices according to the purchasing capacity of the country's different social and economic strata demanding for meat. For more information, visit: http://grupolacaridad.com.ve/index.php
About Level 3 Communications
Level 3 Communications, Inc. provides local, national and global communications services to enterprise, government and carrier customers. Level 3's comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 serves customers in more than 450 markets in 55 countries over a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc. For more information, visit www.level3.com.
Website Access to Company Information
Level 3 maintains a corporate website at www.level3.com, and you can find additional information about the company through the Investors pages on that website at http://lvlt.client.shareholder.com/. Level 3 uses its website as a channel of distribution of important information about the company. Level 3 routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investor Relations web pages.
Visitors to the Investors Relations web pages can view and print copies of Level 3's SEC filings, including periodic and current reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable after those filings are made with the SEC.
Copies of the charters for each of the Audit, Compensation and Nominating and Governance committees of Level 3's Board of Directors, its Corporate Governance Guidelines, Code of Ethics, press releases and analysts and investor conference presentations are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3's web sites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.
The information contained under the caption "About Grupo La Caridad Holding" has been provided by Grupo La Caridad, which is solely responsible for its content.
Some statements made in this press release are forward-looking in nature and are based on management's current expectations or beliefs. These forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. Important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the company's ability to: successfully integrate the Global Crossing acquisition or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; avert the breach of its network and computer system security measures; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; manage the future expansion or adaptation of its network to remain competitive; manage continued or accelerated decreases in market pricing for communications services; obtain capacity for its network from other providers and interconnect its network with other networks on favorable terms; attract and retain qualified management and other personnel; successfully integrate future acquisitions; effectively manage political, legal, regulatory, foreign currency and other risks it is exposed to due to its substantial international operations; mitigate its exposure to contingent liabilities; and meet all of the terms and conditions of its debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact Information: Media: Investors: Richard Larris Mark Stoutenberg +1 973-937-0153 + 1 720-888-2518 Richard.Larris@Level3.com Mark.Stoutenberg@Level3.com Paula Vivo Latin America +55 11-3957-2424 Paula.Vivo@Level3.comPhoto: http://photos.prnewswire.com/prnh/20111004/LA77008LOGO
Web site: http://www.level3.com/
LONDON, March 11, 2013 /PRNewswire/ --
Playtech, the leading international online gaming software and services provider, is pleased to announce that it has successfully integrated and migrated the online poker activity of Unibet to Playtech's leading network in France - iPoker.fr [http://ipoker.fr ].
(Logo: http://photos.prnewswire.com/prnh/20120515/531552 )
Unibet is one of the largest PAN European operators and a long term licensee of Playtech. This launch marks an extension of the existing relationship with Playtech beyond its current games offering and further strengthens the relationship between the two groups.
Unibet customers can now play on iPoker.fr, the largest poker network in France, where players enjoy the latest poker product enhancements and features as well as some of the best guaranteed prize tournaments.
With the recent addition of some of the most well established operators in France, iPoker.fr [http://ipoker.fr ] has strengthened its position as the largest and leading poker network in France. Playtech has customised and localised its product offering to ensure it is most appealing to the local French audience and at the same time fully complies with the local rules and regulations.
Danny Frishman, Playtech's Commercial VP, commented, "We are delighted that Unibet has chosen to move forward with our poker product in France. Following Playtech's successful recent launches in France, it is clear that iPoker.fr is becoming the network of choice among operators in the region that would like to enjoy not only a best of breed, fully compliant offering but also the largest networked liquidity pool in France. We are confident that Unibet will also see great success for their poker business in the French market, enjoying the benefits of the liquidity pool as well as the quality of our products."
Christophe Dahisne, Unibet France Managing Director, added, "We see this launch as an important step in our relationship with Playtech as we continue to offer our players the highest quality online gaming products. iPoker.fr takes us further in delivering the best user experience out there, with its unrivalled liquidity and leading technology."
Playtech develops unified software platforms and content for the online and land-based gaming industry, together with providing a range of ancillary services such as marketing, hosting and CRM services.
The Group's capabilities enable the delivery of an integrated software or turnkey solution, with players accessing online, broadcast, mobile and server-based gaming terminals through a single account.
New licensees include existing online operators upgrading or diversifying their offering, land-based casino groups, government sponsored entities such as lotteries, and new entrants making their online gaming debut, particularly in newly-regulated markets.
Founded in 1999, Playtech is listed on the London Stock Exchange and has some 2,700 employees located in development centres in five countries. Its leading gaming applications include casino, poker, bingo, sports betting, live, mobile and social gaming, casual and fixed odds games.
For further information contact: Playtech Ltd Mor Weizer, Chief Executive Officer Ron Hoffman, Chief Financial Officer c/o Pelham Bell Pottinger +44(0)20-7861-3232
Adam Kay, Head of Investor Relations +44(0)1624-645954 Pelham Bell Pottinger David Rydell / Olly Scott / Guy Scarborough +44(0)20-7861-3232
PARIS, March 11, 2013 /PRNewswire/ --
Publicis Groupe [EURONEXT Paris: FR0000130577] today announced the acquisition of Convonix, one of India's leading Digital Marketing Consulting firms based in Mumbai. The company will align with Starcom MediaVest Group (SMG) in India to provide Search Engine Optimization, Paid Search Marketing, Social Media Marketing and Online Reputation Management to an extensive roster of clients. This news follows a number of recent acquisitions announced by Publicis Groupe in India and fortifies its position as India's largest digital marketing operation.
Founded in 2003, Convonix was the first Search Engine Optimization organization in India, and currently employs over 200 digital advertising specialists serving clients such as Taj Hotels, Reliance Industries, Kotak Mahindra Group, Club Mahindra, Kodak, Aditya Birla Group, among others. Convonix has a strong international footprint with over 60% of its business coming from overseas. Convonix has also recently developed a proprietary in-house brand monitoring and social listening platform called IrisTrack which enables clients to gather market insight on their products and competitors and also engage customers online to improve their customer service.
The three founding members, Vishal Sampat, CEO, Sarfaraz Khimani, co-COO and Pallav Jain, co-COO, will continue to lead the agency. Convonix will sit within SMG and will operate as SMG Convonix, with two market-facing brands: SMG Digital, and Convonix.
"As the first SEO organisation in India, Convonix has continued to innovate and build the very best digital capability whilst being highly respected for its ability to recruit the best talent from universities each year, and transform them into digital advertising experts through a rigorous training program," said Laura Desmond, Global Chief Executive Officer for Starcom MediaVest Group. She continues: "Combined with our existing talent in the market, this deal strengthens our offering to ensure we are the market leaders in digital."
Year on year, Convonix has increased revenues on average 66 percent since 2008. According to the latest ZenithOptimedia adspend forecast, Search Marketing continues to expand rapidly in India and is forecast to increase 35% in the region during 2013, and more than 70% in the next two years.
Vishal Sampat, CEO for Convonix, comments: "We have built our reputation by focusing on talent, training, technology and performance, and doing so has enabled us to rapidly evolve with the consumer. Aligning with SMG gives us global scale and a more powerful face to the market which we can leverage to constantly improve our offering and give our clients the best tools and solutions available."
The acquisition of Convonix is a testament to Publicis Groupe's strategic commitment to expanding its operations across India, with the ambitious goal of doubling its size in India between 2010 and 2015. The Groupe has been working to increase its profile in the country, including recent acquisitions of Indigo Consulting (April 2012), Resultrix (August 2012), iStrat (December 2012) and MarketGate (December 2012).
Srikant Sastri, VivaKi Country Chair for India who is presiding over the acquisition and transition of Convonix, adds: "First Resultrix, and now Convonix. We are now clearly the digital marketing leaders in India, ahead of any other global network. We are positive that this acquisition will set the tone for our next phase of digital pre-eminence both in terms of expertise and revenue and we are continuing to explore other agencies that can help us capitalize on the outstanding potential of the digital marketplace in India."
About Publicis Groupe
Publicis Groupe [Euronext Paris FR0000130577, part of the CAC 40 index] is the third largest communications group in the world, offering the full range of services and skills: digital (Digitas, Razorfish, Rosetta, VivaKi, LBi), traditional advertising (BBH, Leo Burnett, Publicis Worldwide, Saatchi & Saatchi), public affairs, corporate communications and events (MSLGROUP), media buying and strategy (Starcom MediaVest Group and ZenithOptimedia) and specialized communications with PHCG (Publicis Healthcare Communications Group). Present in 104 countries, the Groupe employs 58,000 professionals.
http://www.publicisgroupe.com | Twitter:@PublicisGroupe | Facebook: http://www.facebook.com/publicisgroupe
Viva la Difference !
About Starcom Mediavest Group (SMG)
Starcom MediaVest Group is the Human Experience Company. Our dream is to grow our clients' business by transforming human behavior through uplifting, meaningful human experiences. These brand "experiences'" are brought to life by distinct, strategic point-of-views - Truth and Design and Space for Ideas - created and owned by SMG's two global agency brands: MediaVest and Starcom, respectively. Ranked one of the largest brand communications groups in the world, Starcom MediaVest Group (http://www.smvgroup.com) encompasses an integrated network of human experience strategists, investment specialists, content creators and digital experts. With nearly 6,700 employees in 110 offices worldwide, SMG is the #1 ranked Global Media Agency (AdAge) and 2011 Media Network of the Year at the Global Festival of Media as well as the most celebrated global media network at the 2010 and 2009 Cannes International Advertising Festival.
Convonix is a 200 strong digital consulting firm that helps companies in India and overseas draw and implement digital strategies spanning search engine optimization, search engine marketing, social media marketing, online reputation management, web analytics and conversion rate improvement. Founded in 2003, Convonix has evolved from being the first pureplay SEO company in the country to offering the full range of digital advertising solution for clients ranging from Fortune 100 companies to small and medium enterprises in India, USA and Europe.
For more information on Convonix, visit http://www.convonix.com
Publicis Groupe Peggy Nahmany, Corporate Communications, +33(0)1-44-43-72-83 Martine Hue, Investor Relations, +33(0)1-44-43-65-00 Stephanie Atellian, Investor Relations, +33(0)1-44-43-74-44
Starcom MediaVest Group Lauren Hurvitz, EVP, Global Corporate Communications, +1-212-468-3045
LONDON, March 11, 2013 /PRNewswire/ -- Northrop Grumman Corporation announced that its Europe-based air traffic management systems subsidiary, Northrop Grumman Park Air Systems, has received two awards from Canada's civil air navigation services provider NAV CANADA, as part of their Supplier Recognition Programme.
Northrop Grumman Park Air Systems was presented with its sixth key supplier performance award in recognition of its outstanding support to operations and communication systems during 2012. The organisation also won an innovation award for recommending innovative solutions to NAV CANADA to increase operational efficiencies.
The awards were accepted by Charles Houseago, managing director, Northrop Grumman Park Air Systems, at a ceremony held in Ottawa.
"To be recognised by NAV CANADA, once again, as a key supplier is an honour. We are proud to receive these awards for our customer service and quality products, and also, this year, for innovation," said Houseago. "We look forward to continuing our collaboration with the NAV CANADA team throughout 2013."
The awards are part of NAV CANADA's Supplier Recognition Programme, aimed at acknowledging the outstanding support of its suppliers. In its Annual Supplier Performance Review NAV CANADA said, "Park Air Systems strives to be state of the art and, as part of an international committee, is looking into future technology for internet protocol voice communications" and "Park Air Systems has always been flexible to our requirements from advancing deliveries, to immediate responses, to urgent support needs."
Park Air Systems has been a key supplier of aviation communication systems to NAV CANADA for more than 10 years and supplied nearly 700 pairs of radios in 2012.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber security, C4ISR, and logistics and modernization to government and commercial customers worldwide. Please visit www.northropgrumman.com for more information.Photo: http://photos.prnewswire.com/prnh/20121024/LA98563LOGO
CONTACT: Ken Beedle, +44 (0) 207 747 1910 (office), +44 (0) 7787 174092
Web site: http://www.northropgrumman.com/
GIVAT SHMUEL, Israel, March 11, 2013 /PRNewswire/ -- DSIT Solutions Ltd., an Acorn Energy company , announced today the receipt of multiple orders from an undisclosed Navy for a number of AquaShield(TM) Underwater Security systems. The orders totaling $3.2M are for immediate production and delivery.
(Logo: http://photos.prnewswire.com/prnh/20120504/NY01339LOGO [http://photos.prnewswire.com/prnh/20120504/NY01339LOGO])
(Logo: http://photos.prnewswire.com/prnh/20120426/NY96114LOGO [http://photos.prnewswire.com/prnh/20120426/NY96114LOGO])
The customer has been using the DSIT AquaShield(TM) Diver Detection Sonar (DDS) and PointShield(TM) Portable Diver Detection Sonar (PDDS) systems for protection of the country's critical assets for a number of years. This round of orders is designed to further broaden their already existing tight maritime security.
The AquaShield(TM) underwater surveillance solution includes automatic detection, tracking and classification for both scuba and closed circuit divers. The main customers for the systems are navies, homeland security agencies, oil and gas (O&G) companies, nuclear power facilities, port authorities, as well as yachts and coastal homes of the mega-rich. DSIT is currently in the process of deploying what is considered by many to be one of the world's largest O&G underwater security projects.
"We regard this Navy as one of our most important customers," said Dan Ben-Dov, DSIT's VP Sales & Marketing. "We are well aware of their very strict operational requirements and performance standards. Obtaining this repeat order, which comes following their use of DSIT's underwater port security systems for several years, reveals their high level of satisfaction. DSIT is committed to continue its efforts to keep and improve our customer's satisfaction."
The additional units will be supplied throughout 2013 for deployment at various coastal sites and offshore installations.
Benny Sela, President and CEO of DSIT, commented, "Our customers are convinced that it is no longer sufficient to protect coastal and offshore assets solely from land and air intrusion. The underwater venue is the perfect cover for the stealthy approach of threats, and it is essential to guard against this danger. The customer understands that deployment of these additional AquaShield(TM) underwater perimeter security systems will further strengthen the country's underwater defenses."
DSIT develops sonar and acoustic solutions and acts as a system integrator for advanced Security and Safety Command and Control systems. The Company's offerings are designed to provide the latest in technology and its intelligent application for the energy, commercial, defense and homeland security markets. The company's offerings include: PortView(TM) Harbor Surveillance System (HSS), AquaShield(TM) Diver Detection Sonar (DDS), PointShield(TM) Portable DDS, Sonar Simulators and Trainers, Mobile Acoustic Ranges (MAR), and Underwater Acoustic Signal Analysis (UASA) systems. For more information visit: www.dsit.co.il [http://www.dsit.co.il/].
About Acorn Energy, Inc.
Acorn Energy, Inc. is a holding company whose four portfolio companies help their customers achieve greater productivity, reliability, security, and efficiency--all of which lead to greater profitability. GridSense--provides monitoring for all critical points along the electricity delivery system. OMNIMETRIX-remotely monitors emergency back-up power generation systems to increase their reliability. US Seismic--supplies fiber optic sensing solutions to increase oil/gas production and lower costs. DSIT--provides security solutions from underwater threats to marine based energy assets. For more information visit: http://www.acornenergy.com [http://www.acornenergy.com/].
Safe Harbor Statement
This press release includes forward-looking statements, which are subject to risks and uncertainties. There is no assurance that Acorn Energy, Inc. or its operating companies will continue to grow their respective businesses, or that any of them will meet the expectations or execute the initiatives described or referred to above. A complete discussion of the risks and uncertainties which may affect Acorn Energy's business generally and the businesses of its subsidiaries is included in "Risk Factors" in the Company's most recent Annual Report on Form 10-K and its most recent 10-Q as filed by the Company with the Securities and Exchange Commission.
Sales & Marketing Manager
DSIT Solutions Ltd.
Web site: http://www.dsit.co.il/
SHANGHAI, March 11, 2013 /PRNewswire-FirstCall/ -- The9 Limited ("The9"), an online game developer and operator, announced today that it will host a conference call and webcast on Wednesday, April 17, 2013 at 9:00 PM, U.S. Eastern Time (corresponding to Thursday, April 18, 2013 at 9:00 AM, Beijing Time) to discuss The9's Third and Fourth Quarter 2012 unaudited financial results, which will be released shortly after the close of the U.S. market on the same day. The press release will be available on The9's Investor Relations website located at http://www.corp.the9.com
The dial-in details for the live conference call are:
US Toll Free: +1-866-519-4004 Mainland China (mobile users): 400-620-8038 Mainland China (fixed line users): 800-819-0121 Hong Kong Toll: +852-2475-0994 International Toll: +65-6723-9381
A digital recording of the conference will be available for replay from 12:00am ET on April 18, 2013 for 7 days.
The dial-in details for the replay are:
U.S. Toll Free: +1-855-452-5696 International Toll: +1-646-254-3697
Additionally, a live and archived webcast of this conference call will be available at http://www.corp.the9.com.
About The9 Limited
The9 Limited is an online game developer and operator. The9 develops and operates, directly or through its affiliates, its proprietary online game FireFall, MUX and other online games, web games and social games. It has also obtained exclusive licenses to operate other games in mainland China such as Planetside 2. In 2010, The9 established its Mobile Internet Unit to focus on mobile internet business.
For further information, please contact:
Ms. Phyllis Sai
IR Manager, Investor Relations
Tel: +86 (21) 5172-9990
Web site: http://www.corp.the9.com/
BEIJING, March 11, 2013 /PRNewswire/ -- Renren Inc. ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2012.
Fourth Quarter 2012 Highlights
-- Total net revenues were US$48.8 million, a 48.8% increase from the corresponding period in 2011. -- Online game revenues were US$25.9 million, a 116.5% increase from the corresponding period in 2011. -- Gross profit was US$31.0 million, a 34.2% increase from the corresponding period in 2011. -- Operating loss was US$28.3 million, compared to an operating loss of US$19.7 million in the corresponding period in 2011. -- Net loss attributable to Renren was US$21.1 million, compared to a net income of US$44.3 million in the corresponding period in 2011. -- Adjusted net loss (1) (non-GAAP) was US$16.7 million, compared to an adjusted net income of US$48.2 million in the corresponding period in 2011.
Fiscal Year 2012 Highlights
-- Total net revenues were US$176.1 million, a 49.3% increase from 2011. -- Online game revenues were US$90.2 million, a 113.2% increase from 2011. -- Gross profit was US$109.5 million, a 19.3% increase from 2011. -- Operating loss was US$91.7 million, compared to an operating loss of US$30.2 million in 2011. -- Net loss attributable to Renren was US$75.0 million, compared to a net income of US$41.3 million in 2011. -- Adjusted net loss (1) (non-GAAP) was US$61.9 million, compared to an adjusted net income of US$49.7 million in 2011.
"2012 was a year of investment and transition for Renren. We navigated through the opportunities and disruptions of mobile internet and came out a stronger mobile-centric company. We made progress in our mobile initiatives by rapidly growing our mobile traffic on Renren, driving significant revenues from mobile related games and opening up a whole new dimension for mobile commerce on Nuomi. We are encouraged by these advances and will continue to push forward in expanding existing and new mobile opportunities," commented Joseph Chen, Chairman and Chief Executive Officer.
"Heading into 2013, our priorities are clear. Renren social networking services remain our core foundation and we are devoted to continuously improving user experience, particularly in mobile. As we further expand and deepen our offerings, our diversified services built around our SNS platform will also provide us a broad base to continue exploring new opportunities of growth," said Mr. Chen.
"Our net revenues in the fourth quarter came in above the top-end of our guidance. Among our business lines, games and Nuomi continue to show encouraging trends while brand advertising still faces challenges. Our investments in 2012 helped us go through the transition needed to capture the mobile opportunities in front of us. Going into the new year with a healthy balance sheet and more clarity in strategy and focus, we will continue to further transform Renren into a true mobile company," added Hui Huang, Renren's Chief Financial Officer.
(1) Adjusted net income (loss) is a non-GAAP measure, which is defined as income (loss) from continuing operations excluding share-based compensation expenses, amortization of intangible assets and impairment of intangible assets.
Fourth Quarter 2012 Results
Total net revenues for the fourth quarter of 2012 were US$48.8 million, representing a 48.8% increase from the corresponding period in 2011.
Internet Value-Added Services (IVAS) revenues were US$36.3 million, representing a 103.8% increase from the corresponding period of 2011. Within IVAS revenues, online game revenues were US$25.9 million for the fourth quarter of 2012, a 116.5% increase from the corresponding period of 2011. The increase in online game revenues during this quarter was due to the growing popularity of several new in-house developed games. Other IVAS revenues were US$10.4 million for the fourth quarter of 2012, a 77.8% increase from the corresponding period of 2011. Within other IVAS revenues, Renren's social commerce service, Nuomi, recorded US$5.4 million of net revenues for the fourth quarter of 2012.
Online advertising revenues were US$12.5 million, representing a decrease of 16.7% from the corresponding period of 2011. The decrease was due to lower advertising spending by brand advertisers in a softer macro-environment, coupled by intensifying competition and continued migration of Renren's traffic from PC to mobile. The number of activated users on Renren.com, however, continued to increase from approximately 147 million as of December 31, 2011 to approximately 178 million as of December 31, 2012. Monthly unique log-in users increased from approximately 38 million in December 2011 to approximately 56 million in December 2012.
Cost of revenues was US$17.8 million, an 83.7% increase from the corresponding period of 2011. Cost of revenues for the fourth quarter of 2012 included US$0.3 million for Nuomi. The increase in cost of revenues for the fourth quarter was largely due to increased bandwidth and content investments for 56.com and the increased direct operating costs for launched games.
Operating expenses were US$59.3 million, a 38.4% increase from the corresponding period of 2011. Operating expenses in the fourth quarter of 2012 included US$10.8 million expenses incurred on Nuomi. Excluding Nuomi, the operating expenses in the fourth quarter of 2012 would be US$48.5 million, a 56.6% increase from the corresponding period in 2011.
Selling and marketing expenses were US$22.4 million, an 11.1% increase from the corresponding period of 2011. The increase was primarily due to the increased personnel related expenses and promotions for our launched games.
Research and development expenses were US$25.5 million, an 84.2% increase from the corresponding period in 2011. The increase was primarily due to headcount and personnel related expense increases, particularly for mobile-related investments.
General and administrative expenses were US$11.4 million, a 76.2% increase from the corresponding period in 2011. The increase was primarily due to the growth of the company size and business operations.
Share-based compensation expense, which were all included in the operating expenses, were US$4.0 million, compared to US$1.3 million in the corresponding period in 2011.
Operating loss was US$28.3 million, compared to an operating loss of US$19.7 million in the corresponding period in 2011.
Net loss attributable to Renren Inc. was US$21.1 million, compared to a net income of US$44.3 million in the corresponding period in 2011, the latter of which was largely due to a one-time US$51 million gain from disposing of our investment in eLong. Excluding results of operations attributable to Nuomi in both quarters, net loss in the fourth quarter of 2012 would be US$15.5 million, compared to a net income of US$53.4 million in the corresponding period of 2011.
Adjusted net loss (non-GAAP) was US$16.7 million, compared to an adjusted net income of US$48.2 million in the corresponding period in 2011 which was largely due to a one-time US$51 million gain from disposing of our investment in eLong. Excluding results of operations attributable to Nuomi in both quarters, adjusted net loss in the fourth quarter of 2012 would be US$11.1 million, compared to the adjusted net income of US$57.3 million in the corresponding period in 2011. Adjusted net income (loss) is defined as income (loss) from continuing operations excluding share-based compensation expenses, amortization of intangible assets and impairment of intangible assets.
Fiscal Year 2012 Results
Total net revenues in 2012 were US$176.1 million, a 49.3% increase from 2011.
Internet Value-Added Services (IVAS) revenues in 2012 were US$122.3 million, representing a 109.5% increase from 2011. Within IVAS revenues, online game revenues were US$90.2 million in 2012, a 113.2% increase from 2011, driven by our in-house developed cross-platform games. Other IVAS revenues were US$32.1 million for 2012, a 99.6% increase from 2011. Within other IVAS revenues, Renren's social commerce service, Nuomi, recorded US$16.1 million of net revenues for 2012, a 149.6% increase from 2011.
Online advertising revenues in 2012 were US$53.8 million, representing a decrease of 9.7% from 2011. The decrease in advertising revenues was an overall result from a weaker macro-environment, increased competition and the continuing shift of our traffic from PC to mobile.
Cost of revenues in 2012 was US$66.6 million, a 154.0% increase from 2011. Cost of revenues in 2012 included US$1.5 million for Nuomi. The increase was largely due to increased bandwidth investments for 56.com and Renren.com, and the increased direct operating and license costs for launched games.
Gross profit in 2012 was US$109.5 million, a 19.3% increase from US$91.7 million in 2011. Gross margin was 62.2%, compared to 77.8% in 2011.
Operating expenses in 2012 were US$201.2 million, a 65.0% increase from 2011. Operating expenses in 2012 included US$42.2 million expenses incurred on Nuomi. Excluding Nuomi, operating expenses in 2012 would be US$159.0 million, a 73.2% increase from 2011.
Selling and marketing expenses in 2012 were US$82.8 million, a 33.4% increase from 2011, primarily due to expanded sales force for Nuomi, increased promotion expenses for our games, as well as increased sales and promotion expenses for 56.com.
Research and development expenses in 2012 were US$79.5 million, a 97.3% increase from 2011, primarily due to headcount and personnel related expense increases. Our mobile-related investments contributed a significant part of our R&D expense increase for 2012.
General and administrative expenses in 2012 were US$38.9 million, a 125.7% increase from 2011, primarily due to the growth of the company size, expanded business operations, and expenses associated with becoming a publicly listed company.
Share-based compensation expenses in 2012, which were all included in the operating expenses, were US$10.9 million, compared to US$5.5 million in 2011. The increase was mainly due to additional share-based incentive awards granted to directors, executives and employees.
Operating loss in 2012 was US$91.7 million, compared to US$30.2 million operating loss in 2011.
Net loss attributable to Renren Inc. in 2012 was US$75.0 million, compared to a net income of US$41.3 million in 2011, the latter of which was largely due to a one-time US$51 million gain from disposing of our investment in eLong. Excluding results of operations attributable to Nuomi, net loss in 2012 would be US$47.7 million compared to a net income of US$65.6 million in 2011.
Adjusted net loss (non-GAAP) in 2012 was US$61.9 million, compared to an adjusted net income of US$49.7 million in 2011 which was largely due to a one-time US$51 million gain from disposing of our investment in eLong. Excluding results of operations attributable to Nuomi, adjusted net loss in 2012 would be US$34.6 million. Adjusted net income (loss) is defined as income (loss) from continuing operations excluding share-based compensation expenses, amortization of intangible assets and impairment of intangible assets.
The Company expects to generate revenues in an amount ranging from US$44 million to US$46 million in the first quarter of 2013, representing 37% to 43% year-over-year growth. This forecast reflects Renren's current and preliminary view, which is subject to change.
Conference Call Information
Management will host an earnings conference call at 7:00 a.m. U.S. Eastern Time on Monday, March 11, 2013 (Beijing/Hong Kong Time: 7:00 p.m., Monday, March 11, 2013).
Interested parties may participate in the conference call by dialing the numbers below and entering passcode 10-15 minutes prior to the initiation of the call.
US: +1 718-354-1231
Hong Kong: +852-2475-0994
China: +86 800-819-0121
International: + 65-6723-9381
A replay of the call will be available for one week and dial-in information is as follows:
International: + 61 2-8199-0299
This call will be webcast live and the replay will be available on Renren's corporate web site at http://ir.renren-inc.com for 12 months.
About Renren Inc.
Renren Inc. operates a leading real name social networking internet platform in China. It enables users to connect and communicate with each other, share information and user generated content, play online games, shop for deals, watch videos and enjoy a wide range of other features and services. Renren's businesses primarily include the main social networking website Renren.com, the game development and operating platform Renren Games, the social commerce website Nuomi.com, and the video-sharing website 56.com. Renren.com had approximately 178 million activated users as of December 31, 2012. Renren's American depositary shares, each of which represents three Class A ordinary shares, trade on NYSE under the symbol "RENN".
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook for the first quarter of 2013 and quotations from management in this announcement, as well as Renren's strategic and operational plans, contain forward-looking statements. Renren may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Renren's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our goals and strategies; our future business development, financial condition and results of operations; the expected growth of the social networking site market in China; our expectations regarding demand for and market acceptance of our services; our expectations regarding the retention and strengthening of our relationships with key advertisers and customers; our plans to enhance user experience, infrastructure and service offerings; competition in our industry in China; and relevant government policies and regulations relating to our industry. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Renren does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About Non-GAAP Financial Measures
To supplement Renren's consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles ("GAAP"), Renren uses "adjusted net income (loss)" which is defined as "a non-GAAP financial measure" by the SEC, in evaluating its business. We define adjusted net income (loss) as income (loss) from continuing operations excluding share-based compensation expenses, amortization of intangible assets and impairment of intangible assets. We present adjusted net income (loss) because it is used by our management to evaluate our operating performance. We also believe that this non-GAAP financial measure provide useful information to investors and others in understanding and evaluating our consolidated results of operations in the same manner as our management and in comparing financial results across accounting periods and to those of our peer companies.
The presentation of this non-GAAP financial measure is not intended to be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliation of non-GAAP results of operations measures to the comparable GAAP financial measures" at the end of this release.
For more information, please contact:
Investor Relations Director
Tel: (86 10) 8448 1818 ext 1300
RENREN INC. CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Amounts in US dollars, in thousands, except shares, December 31, December 31, per shares, ADS, and per ADS data) 2011 2012 ---- ---- ASSETS Current assets: Cash and cash equivalents $284,643 $207,438 Term deposits 702,680 550,000 Short-term investments 53,393 148,018 Trade and notes receivable, net 14,911 18,402 Prepaid expenses and other current assets 59,389 29,591 Amounts due from related parties 573 258 Deferred tax assets- current 1,381 - --- Total current assets 1,116,970 953,707 Non-current assets: Equipment, net 22,301 32,355 Intangible assets, net 28,086 26,820 Goodwill 58,998 59,673 Long-term investments 50,300 107,597 Amounts due from related parties -noncurrent - 1,605 Other non-current assets 1,353 22,634 ------ Total non-current assets 161,038 250,684 ------- TOTAL ASSETS $1,278,008 $1,204,391 ========== LIABILITIES AND EQUITY Current liabilities: Accounts payable $20,381 $36,743 Accrued expenses and other payables 31,108 41,608 Amounts due to a related party 51 77 Deferred revenue and advance from customers 7,441 10,668 Income tax payable 1,506 1,023 ----- Total current liabilities 60,487 90,119 Non-current liabilities: Deferred tax liabilities- noncurrent 6,976 6,564 ----- Total non-current liabilities 6,976 6,564 ----- TOTAL LIABILITIES 67,463 96,683 Commitments Shareholders' Equity: Class A ordinary shares (US$0.001 par value, 3,000,000,000 shares authorized, 771 730 770,912,350 and 729,848,742 issued and outstanding as of December 31, 2011 and December 31, 2012, respectively) Class B ordinary shares (US$0.001 par value, 500,000,000 shares authorized, 399 403 398,763,450 and 402,680,117 issued and outstanding as of December 31, 2011 and December 31, 2012, respectively) Treasury stocks, at cost (25,597) - Additional paid-in capital 1,407,059 1,320,649 Subscription receivable - (229) Statutory reserves 3,507 6,712 Accumulated deficit (183,228) (261,459) Accumulated other comprehensive income 7,334 40,687 ------ Total shareholders' equity 1,210,245 1,107,493 --------- Noncontrolling Interests 300 215 Total equity 1,210,545 1,107,708 --------- LIABILITIES AND EQUITY $1,278,008 $1,204,391 ==========
RENREN INC. CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) For the Three Months Ended For the Twelve Months Ended -------------------------- --------------------------- (Amounts in US dollars, in thousands, except shares, December 31, September 30, December 31, December 31, December 31, per shares, ADS, and per ADS data) 2011 2012 2012 2011 2012 ---- ---- ---- ---- ---- Net revenues Online advertising $14,974 $16,938 $12,478 $59,613 $53,842 IVAS 17,832 33,428 36,339 58,354 122,244 ------ ------ ------ ------ ------- Total net revenues 32,806 50,366 48,817 117,967 176,086 Cost of revenues (9,688) (19,444) (17,801) (26,233) (66,619) ------ ------- ------- ------- ------- Gross profit 23,118 30,922 31,016 91,734 109,467 Operating expenses: Selling and marketing (20,189) (21,371) (22,422) (62,050) (82,789) Research and development (13,867) (20,844) (25,539) (40,310) (79,541) General and administrative (6,458) (9,341) (11,380) (17,215) (38,860) Impairment of intangible assets (2,351) - - (2,351) - ------ --- --- ------ --- Total operating expenses (42,865) (51,556) (59,341) (121,926) (201,190) ------- ------- ------- -------- -------- Loss from operations (19,747) (20,634) (28,325) (30,192) (91,723) Other income 2,007 1,362 161 2,367 2,446 Exchange gain (loss) on dual currency deposit and offshore bank 3,012 972 - 7,753 (1,769) accounts Interest income 5,658 5,733 3,379 9,619 20,067 Realized gain on available-for-sale investments 50,884 870 770 50,884 4,317 Impairment of cost method investment (79) - - (79) - --- --- --- --- --- Income (loss) before provision of income tax, earnings (loss) in equity method investments and noncontrolling interests, net of income taxes 41,735 (11,697) (24,015) 40,352 (66,662) Income tax benefit (expenses) 1,120 (117) (494) (668) (920) ----- ---- ---- ---- ---- Income (loss) before earnings (loss) in equity method investments and noncontrolling interests, net of income taxes 42,855 (11,814) (24,509) 39,684 (67,582) Earnings (loss) in equity method investments, net of income taxes 1,320 (3,586) 3,411 1,320 (7,471) ----- ------ ----- ----- ------ Net income (loss) 44,175 (15,400) (21,098) 41,004 (75,053) Add: Net loss attributable to noncontrolling interests, net of income taxes 115 - 14 252 27 --- --- --- --- --- Net income (loss) attributable to Renren Inc. $44,290 $(15,400) $(21,084) $41,256 $(75,026) ======= ======== ======== ======= ======== Net income (loss) per share, basic $0.04 $(0.01) $(0.02) $0.05 $(0.07) Net income (loss) per ADS, basic $0.11 $(0.04) $(0.06) $0.15 $(0.20) Net income (loss) per share, diluted $0.04 $(0.01) $(0.02) $0.05 $(0.07) Net income (loss) per ADS, diluted $0.11 $(0.04) $(0.06) $0.14 $(0.20) Shares used in computation, basic 1,180,272,256 1,141,783,844 1,130,402,052 850,670,583 1,151,659,545 ADS used in computation, basic 393,424,085 380,594,615 376,800,684 283,556,861 383,886,515 Shares used in computation, diluted 1,214,824,327 1,141,783,844 1,130,402,052 901,340,381 1,151,659,545 ADS used in computation, diluted 404,941,442 380,594,615 376,800,684 300,446,794 383,886,515 Reconciliation of Non-GAAP results of operations measures to the comparable GAAP financial measures Adjusted net income (loss) For the Three Months Ended For the Twelve Months Ended -------------------------- --------------------------- (Amounts in US dollars, in thousands) December 31, September 30, December 31, December 31, December 31, 2011 2012 2012 2011 2012 ---- ---- ---- ---- ---- Income (loss) from continuing operations $44,175 $(15,400) $(21,098) $41,004 $(75,053) Add back: Shared-based compensation expenses 1,284 2,585 4,005 5,523 10,897 Add back: Amortization of intangible assets 388 673 413 797 2,255 Add back: Impairment of intangible assets 2,351 - - 2,351 - Adjusted net income (loss) $48,198 $(12,142) $(16,680) $49,675 $(61,901) ======= ======== ======== ======= ========Renren Inc.
Web site: http://www.renren-inc.com/
PRETORIA, South Africa, March 11, 2013 /PRNewswire/ -- Square Kilometer Array (SKA) South Africa, a business unit of the country's National Research Foundation is joining ASTRON, the Netherlands Institute for Radio Astronomy, and IBM in a four-year collaboration to research extremely fast, but low-power exascale computer systems aimed at developing advanced technologies for handling the massive amount of data that will be produced by the SKA, which is one of the most ambitious science projects ever undertaken.
The SKA is an international effort to build the world's largest and most sensitive radio telescope, which is to be located in Southern Africa and Australia to help better understand the history of the universe. The project constitutes the ultimate Big Data challenge, and scientists must produce major advances in computing to deal with it. The impact of those advances will be felt far beyond the SKA project--helping to usher in a new era of computing, which IBM calls the era of cognitive systems.
When the SKA is completed, it will collect Big Data from deep space containing information dating back to the Big Bang more than 13 billion years ago. The aperture arrays and dishes of the SKA will produce 10 times the global internet traffic*, but the power to process all of this data as it is collected far exceeds the capabilities of the current state-of-the-art technology.
As part of the global effort to solve this unprecedented challenge, last year, ASTRON and IBM launched a public-private partnership called DOME, to develop a fundamental IT roadmap for the SKA. The collaboration includes a user platform where organizations from around the world can jointly investigate emerging technologies in high-performance, energy-efficient computing, nanophotonics, and data streaming. Through its SKA South Africa unit, the National Research Foundation is now a user platform partner in DOME.
"The DOME collaboration brings together a dream team of scientists and engineers in an exciting partnership of public and private institutions. This project lays the foundation to help the scientific community solve other data challenges such as climate change, genetic information and personal medical data," said Simon Ratcliffe, Technical Coordinator, DOME-South Africa.
Scientists from all three organizations will collaborate remotely and at the newly established ASTRON & IBM Center for Exascale Technology in Drenthe, the Netherlands.
More specifically, scientists from SKA South Africa will focus on the following research themes:
-- Visualizing the challenge -- fundamental research will be conducted into signal processing and advanced computing algorithms for the capture, processing, and analysis of the SKA data so clear images can be produced for astronomers to study; -- Desert-proof technology -- the DOME team is researching and prototyping microserver architectures based on liquid-cooled 3D stacked chips. The team in South Africa will extend this research to make the microservers rugged or "desert proof" to handle the extreme environmental conditions where the SKA will be located; and -- Software analytics -- the 64 dishes of the MeerKAT telescope in South Africa will be used for the testing and development of a sophisticated software program that will aid in the design of the entire computing system holistically and optimally--taking into account all of the cost and performance trade-offs for the eventual 3,000 SKA dishes.
"The DOME research has implications far beyond astronomy. These scientific advances will help build the foundation for a new era of computing, providing technologies that learn and reason. Ultimately, these cognitive technologies will help to transform entire industries, including healthcare and finance," said Dr. Ton Engbersen, DOME project leader, IBM Research. "For example, we are designing a system for storing information that learns from its interactions with the data and parcels it out in real time to the storage medium that's most appropriate for each bit, which can also be applied to medical images."
"DOME is not only innovating in the laboratory, but our user platform is setting a new standard in open collaboration," said Dr. Albert-Jan Boonstra, DOME project leader, ASTRON. "In addition to SKA South Africa, four additional organizations are expected to join in the coming weeks including universities and small and medium-sized businesses located in the Netherlands."
The initial five-year DOME collaboration is realized with financial support of the Dutch Ministry of Economic Affairs, Agriculture and Innovation (EL&I) and from the Province of Drenthe.
Virtual Recruiting Event
IBM and ASTRON scientists will be hosting a SmartCloud virtual recruiting event on 26 March for several open positions within the DOME project. For details visit www.zurich.ibm.com/astron/
Introducing the SKA
The Square Kilometre Array project is a global science and engineering project to build the world's largest radio telescope.
The SKA will see back to a time before the first stars lit up. Optical telescopes see the light from stars. Before stars existed there was only gas; a radio telescope with the sensitivity of the SKA can see back in time to the gas that existed before stars were even born.
The SKA will address a wide range of fundamental questions in physics, astrophysics, cosmology and astrobiology. It will be able to investigate previously unexplored parts of the distant Universe.
The project is led by the SKA Organization, a not-for-profit company with its headquarters at Jodrell Bank Observatory, near Manchester, UK. The organization was established in December 2011 to formalize relationships between the international partners and centralize the leadership of the project.
The SKA will be built in Southern Africa and Australia. There will be 3,000 dish antennas, each about 15 m in diameter as well as two other types of radio wave receptor, know as low- and mid-frequency aperture array antennas. The mid-frequency aperture arrays will be built in South Africa and are envisaged to be a major component of the SKA Phase 2. The antennas will be arranged in five spiral arms and the dishes in Southern Africa will extend to distances of at least 3,000 km from the centre of the core region. Construction of the SKA is expected to begin in 2017 and conclude in 2024.
About SKA South Africa and NRF
SKA SA was established by the Department of Science and Technology of South Africa and is administered as a business unit of the National Research Foundation (NRF).
The main programs falling under SKA SA are the hosting of the SKA, the construction of the 64-dish SKA pre-cursor telescope known as MeerKAT, the establishment and protection of the Radio Astronomy Reserve in the Karoo region in South Africa, the development of a substantial human capital development program, and the development of the African VLBI Network.
As an independent government agency, the NRF promotes and supports research in all fields of knowledge. It also conducts research and provides access to National Research Facilities. The NRF provides services to the research community especially at Higher Education Institutions (HEIs) and Science Councils with a view to promote high-level human capital development. The NRF aims to uphold excellence in all its investments in knowledge, people and infrastructure. For more info www.ska.ac.za
ASTRON is the Netherlands Institute for Radio Astronomy, part of the Netherlands Organisation for Scientific Research (NWO). Its mission is to make discoveries in radio astronomy happen, via the development of novel and innovative technologies, the operation of world-class radio astronomy facilities, and the pursuit of fundamental astronomical research. See also: www.astron.nl.
For more information visit www.research.ibm.com
Read this whitepaper on the DOME project: www.scribd.com/doc/125147649/Ultimate-Big-Data-Challenge
ASTRON, Femke Boekhorst,. Tel.: +31 521 595 204 email@example.com
IBM Netherlands, Heleen Kamerman, +31 6 53 37 10 89, firstname.lastname@example.org
IBM Research, J. Michael Loughran, 1-914-945-1613, email@example.com
IBM South Africa, Lisa Rautenbach, +27 11 302 9255, firstname.lastname@example.org
SKA South Africa, Jasper Horrell, +27 21 506 7300, email@example.com
Web site: http://www.ibm.com/