Testing, Testing, is This Thing On? Test PAC, Please Ignore
Test PAC, Please Ignore is dedicated to organizing the resources and opinions of individuals throughout the internet community in order to promote their collective political interests.
PHOENIX, Jan. 27, 2012 /PRNewswire/ -- Members of a popular online community have collectively organized to form a political action committee which aims to support legislation and candidates fighting for electoral reform, individual liberties, and the Internet community. The group, Test PAC, Please Ignore is able to collect donations to use in strategic messaging, ad campaigns and web promotions to fight against misinformation and to support causes that further the interests of the community.
Ran exclusively by Internet community volunteers and first established on Reddit, the organization has officially filed paperwork to register with the Federal Elections Committee (FEC).
"We had an idea. You've got a vast community of people passionate about various political issues or interested in running for office themselves and they don't know where to start," said Test PAC treasurer Andy Posterick. "Our community spans so many areas of expertise; we knew we needed to organize."
While not officially affiliated with Reddit, Test PAC and its volunteers will still take their input from other members of the community. They have established a comprehensive set of rules that will allow members in good-standing of the Reddit community to vote to determine how the PAC spends its money. The groups' standard of transparency and community input is something that distinctly separates the organization from other political action committees.
The enthusiasm garnered from Internet communities, like Reddit, that received high-profile exposure for its protest of HR 3261 and S.968 (SOPA and PIPA), and the boycott of GoDaddy.com is credited for the intense organization and establishment of Test PAC, Please Ignore.
Test PAC is currently developing a broad plan and establishing positions on current events, political issues, and stances on pending legislation. The website is now officially up and running with the capacity to accept donations.
Chairman Jeromie Whalen added, "It is my philosophy that money should never be a barrier to participation in anything, and anyone who wants to be involved is welcome."
To get involved, donate, or to find out how you can help the organization go to http://www.testpac.org.
About Test PAC, Please Ignore:
Test PAC, Please Ignore is an issue advocacy group established by a community of volunteers, dedicated to raising awareness on political issues chosen through an open, democratic, web-based voting process. It is committed to fundraising, organization and messaging in the struggle to keep the Internet open and free. As a 527 organization Test PAC can collect donations from individuals or businesses on behalf of these issues.
Test PAC has no official affiliation with Reddit or Reddit's parent company Advance Publications.
Test PAC, Please Ignore is not authorized by any candidate or candidates committee.
GoPro Welcomes Shaun White, Olympic and X Games Multi-Gold Medalist, to Snow Team
GoPro Deepens Snow Team Roster of World's Finest Winter Athletes
HALF MOON BAY, Calif., Jan. 27, 2012 /PRNewswire/ -- GoPro, maker of the world's most versatile cameras and producer of some of today's most engaging sports programming, is pleased to announce Shaun White, two-time Olympic gold and thirteen-time X Games gold medal winner, to its world class lineup of premier ski and snowboard athletes.
Shaun White is joining GoPro's progressive team of snowboard athletes that include Mike Basich, Tim Humphreys, Eric Willett, Jamie Anderson, Hannah Teter and Devun Walsh. GoPro's ski team includes Tom Wallisch, Tucker Perkins, Andrew Whiteford, Julian Carr, Julia Murray, Tanner Hall, Meg Olenick, Keri Herman, Grete Eliassen, Matthias Giraud and JT Holmes.
"I'm really excited to be working with the team," said Shaun White. "I'm looking forward to seeing my riding in a different light with new angles that only GoPro cameras can capture."
GoPro's founder and CEO, Nicholas Woodman adds, "In addition to being a world class athlete, Shaun White has incredible positive energy and enthusiasm. He's just a great dude. We are so stoked to have him join us and our other athletes as Ambassadors of Radness, capturing and sharing passionate experiences through the lenses of our GoPros. I can't bust airs like Shaun White or the rest of our athletes, but I feel like I can when I watch their GoPro footage. It's addictive and inspiring to the rest of us to get out there and GoPro in our own way. Welcome to the team, Shaun... let's ride."
GoPro is partnering with Shaun White and its existing roster of athletes to drive product innovation and capture incredible video and photo content with its world renowned HD HERO2® camera. Globally recognized as the world's most versatile camera, the HD HERO2 enables professional video and photo capture of immersive perspectives that results in some of today's most engaging sports programming.
All video and photo content produced by GoPro and its athletes is shared online on the GoPro Network, viewable at gopro.com and on GoPro's YouTube Channel. The GoPro Network is a collection of some of the most exciting and engaging content on the planet. Not just limited to sports, the GoPro Network showcases many of the passionate and inspiring things humans are doing in the world today.
In addition to its own Snow Team, GoPro is sponsoring the US Ski and Snowboard Association (USSA) as it heads to the U.S. Grand Prix in Canyons, UT February 10-11. The USSA is the national governing body of Olympic skiing and snowboarding. GoPro is extremely proud to be the official camera of the US Ski, Snowboard and Freeskiing teams.
About GoPro
Based in Half Moon Bay, California, GoPro makes the world's most versatile cameras, enabling people to capture and share their lives' most exciting moments in professional quality HD video and photos. GoPro's HD HERO line of wearable and gear mountable cameras are used collectively by more consumers, professional athletes, and video production professionals than any other camera in the world. GoPro's products are sold in over 70 countries via specialty sports and mass market retailers and at GoPro.com.
Gameloft Launches New Mobile Experience With Sprint ID
As marketplace grows, Gameloft gives gamers an easy way to personalize their mobile device with content that suits their digital lifestyle
PARIS, January 27, 2012/PRNewswire-FirstCall/ --
In an effort to deliver fans the most up-to-date content, special offers and titles,
Gameloft, a leading provider of digital and social games, today announced the launch of
two new Gameloft-themed Sprint ID packs, including the HD Games ID Pack and Top Games ID
Pack, on select Android(TM)-powered smartphones. Available only to Sprint customers,
Gameloft's ID packs will provide gamers with an entirely new mobile experience through a
customized bundle of widgets, applications, wallpapers and more.
"Given the expansion of the Android customer base, we're happy to collaborate with
Sprint to bring an innovative way to connect to gaming," said Baudouin Corman, Vice
President of Publishing for the Americas at Gameloft. "As Gameloft continues to provide
its audiences with the richest and most advanced mobile gaming experience, with Sprint ID
we're now bringing straightforward access to our content as well."
In addition to providing direct access to the most recent news and updates, the two
Gameloft ID packs will also include an assortment of content and popular games to
personalize your device. The two ID packs are detailed as follows:
- HD Games ID Pack - features access to high-definition games including
Dungeon Hunter 2 HD+, Assassin's Creed HD+, Let's Golf 3 and Order and Chaos Paymium
HD+ for devices such as Samsung Epic(TM) 4G, Samsung Epic(TM) 4G Touch, Samsung Galaxy
Tab(TM) and Mototola Photon(TM) 4G.
- Top Games IDPack - features access to a collection of games including Iron
Man 2, Gangstar 2, N.O.V.A. and NFL 2011 for devices such as Sanyo Zio(TM), Samsung
Transform(TM) and LG Optimus S(TM).
Both Gameloft ID packs are free to download with an Everything Data plan from Sprint.
Sprint customers can download up to five ID packs at a time and easily swap them out for
new ones or switch between them. Future planned updates for the Gameloft ID packs include
an RSS feed, push notifications, direct links to freemium titles and a Gameloft Live
application.
Sprint Nextel offers a comprehensive range of wireless and wireline communications
services bringing the freedom of mobility to consumers, businesses and government users.
Sprint Nextel served more than 53 million customers at the end of 3Q 2011 and is widely
recognized for developing, engineering and deploying innovative technologies, including
the first wireless 4G service from a national carrier in the United States; offering
industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA,
Boost Mobile, and Assurance Wireless; instant national and international push-to-talk
capabilities; and a global Tier 1 Internet backbone. The 2011 American Customer
Satisfaction Index showed Sprint is the #1 most improved company in customer satisfaction,
across all industries, over the last three years. Newsweek ranked Sprint No. 3 in its 2011
Green Rankings, listing it as one of the nation's greenest companies, the highest of any
telecommunications company. You can learn more and visit Sprint at http://www.sprint.com
[http://www.sprint.com/#_blank ] or http://www.facebook.com/sprint
[http://www.facebook.com/sprint#_blank ] and http://www.twitter.com/sprint
[http://www.twitter.com/sprint#_blank ].
About Gameloft
A leading global publisher of digital and social games, Gameloft(R) has established
itself as one of the top innovators in its field since 2000. Gameloft creates games for
all digital platforms, including mobile phones, smartphones and tablets (including
Apple(R) iOS and Android(R) devices), set top boxes, connected TVs and consoles. Gameloft
partners with leading international brands such as UNO(R), Spider-Man(R), James Cameron's
Avatar(TM), Ferrari(R) and Sonic Unleashed(R). Gameloft also operates its own established
franchises, such as Real Football, Asphalt(TM), Modern Combat 2: Black Pegasus and N.O.V.A
Near Orbit Vanguard Alliance(R). Gameloft is present in all continents, distributes its
games in 100 countries and employs over 4,500 developers.
Gameloft is listed on the Paris Stock Exchange (ISIN: FR0000079600, Bloomberg: GFT FP,
Reuters: GLFT.PA).
Sky Poker Team up With Guinness World Record Holder Bryan 'The Cardstacker' Berg to Build British Landmark out of Playing Cards
LONDON, January 27, 2012/PRNewswire/ --
Vote on which landmark Sky Poker should build
As building sites continue to emerge across the streets of London, there's a much more
glamorous alternative happening at Aspers Casino, Stratford. Unbeknown to Boris Johnson,
the reconstruction of a UK landmark is about to take place as Sky Poker, the UK's leading
online poker [http://www.skypoker.com ] firm, celebrate their highly-anticipated Play the
Nation event in the only way the poker pros know how: teaming up with Guinness World
Record Holder, Bryan 'The Cardstacker' Berg for his first-ever appearance in London, and
challenging him to recreate one of Britain's famous landmarks solely out of freestanding
cards. But which landmark should The Cardstacker rebuild? Sky Poker friends, fans and
online poker players get to decide!
This extraordinary build will take place from February 15-27, 2012, a stone's throw
from the grand Olympic site in London's trendy Stratford, where the rebuilding process
will be carefully monitored. (Heavy breathing and door slamming are strictly prohibited!)
Sky Poker's Play the Nation pits poker players from around the UK in a nationwide
competition to find out who the regional kings and queens of the cash games are. With
different parts of the UK pitched against each other, may the best region win! To
celebrate the grandeur of the event, Sky Poker are running the Cardstacker Challenge - and
here is the chance to get involved.
Via the Sky Poker Facebook Page, voters can cast an architectural eye over the
options. Will it be Big Ben? Is it possible to build the Blackpool Tower out of cards? Or
will York Minster capture the minds of voters? Hands full of spades, clubs, diamonds and
hearts and armed with no tape, no glue, and no tricks-only deft skill and precision
perfect timing, there is no doubt that The Cardstacker faces his biggest challenge yet.
Surely the deck won't be stacked against him!
The Cardstacker Challenge comprises of three stages:
Voting on the landmark - 27 January - 11 February
Live Construction, Open to the Public age 18 and over - 15-21 February 2-10pm daily
The Knockdown! Live streaming on Facebook - 27 February
The big part of any true freestanding card build is the destructive knockdown! It will
be taken down with a twist and streamed live on Facebook.
Visit the Sky Poker Facebook Page [http://www.facebook.com/OfficialSkyPoker ] to vote
for which British landmark Cardstacker Bryan Berg should recreate. Guests age 18 and
over are invited to see Bryan Berg building live daily at Aspers Casino Westfield
Stratford City, 312 The Loft, Montfichet Road, Olympic Park, London.
Press inquiries, please contact Sam Haseltine
Sam.Haseltine@greenlightdigital.com, +44(0)7930992857
About SkyPoker.com
Sky Poker [http://www.skypoker.com ] is the British Sky Broadcasting's online poker
division, which allows users to play poker online on their website, and screens selected
hands from various tournaments and cash games on Sky Poker TV, allowing players on the site
to become the stars of the TV channel. Sky Poker focuses on UK poker players, with all
play at the tables in pounds rather than dollars, as well as its own Sky Poker Tour around
the country.
Sky Poker is licensed and regulated by the Alderney Gambling Control
Commission (AGCC).
About Cardstacker Bryan Berg
Guinness World Record Holder for the
Tallest House of Freestanding Playing Cards since 1992, cardstacker Bryan Berg also created
the original Guinness World Record for the Largest House of Freestanding Playing Cards in
2004. Since age 17, Berg has been commissioned to break his own records more than a dozen
times. His most recent tallest tower stood 26 feet, and his most recent largest contained
219,000 cards and required 44 days to construct. He continues to hold both records. Berg
uses no tape, no glue, no folding, and no other tricks in his structures-just freestanding
playing cards. Using a grid technique informed by patterns found in nature, his
cardstacking has been tested in an engineering lab to support more than 660 pounds per
square foot. Berg is trained as an architect, and earned a Master in Design Studies from
Harvard. Cardstacking is Berg's full-time job. He has travelled throughout North America,
Europe, Asia, and Africa building projects for science and art museums, television, and
special events.
About Aspers Casino
Aspers is a high quality and upscale British casino
operator. A joint venture between the Aspinall family and Crown Limited, one of the
world's leading gaming companies, Aspers Westfield Stratford City is the first of its kind to open in the UK. Open 24 hours per day, 364 days of the year, all guests over 18 are welcome. Aspers is a socially responsible game operator.
For more information about Aspers Casino Westfield Stratford City or the Aspers Group please contact Keith Fagan on keith.fagan@aspers.co.uk / +44(0)7854-558651
EAST HANOVER, N.J., Jan. 27, 2012 /PRNewswire/ -- Conversion Services International, Inc. ("CSI"), E. Hanover, NJ, a provider of information management and business process optimization solutions, has entered into a letter of intent with Digital Intelligence Systems Corporation ("DISYS"), McLean, VA, for the acquisition of the assets of CSI by DISYS. DISYS is an ISO 9001:2008 certified IT staffing and consulting company with core services in IT Staffing and Consulting, Finance and Professional Services, ERP Services, and Infrastructure Support Services. In the transaction, DISYS will assume CSI's workforce and its client contracts. The parties seek to achieve a seamless transition of the acquired assets and for CSI to obtain sufficient funds to satisfy its liabilities. CSI has received notice of default from its senior lender indicating the lender's intent to assert its rights as a secured creditor under the company's loan agreement; the lender is working with CSI and DISYS to facilitate the contemplated sale.
About Conversion Services International, Inc.
Conversion Services International, Inc. (CSI, OTCBB: CVNS) is a leading provider of professional services. Information about CSI can be found on the web at http://www.csiwhq.com or by calling its corporate headquarters at 973.560.9400.
Note on Forward-Looking Statements
Except for the historical information contained herein, this press release contains, among other things, certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such statements may include, without limitation, statements with respect to CSI's plans, objectives, expectations and intentions and other statements identified by words such as "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans" or similar expressions. These statements are based upon the current beliefs and expectations of CSI's management and are subject to significant risks and uncertainties, including the ability of CSI to be in compliance with all applicable American Stock Exchange continued listing requirements, the ability to maintain revenue growth, the ability to locate and acquire other businesses and to successfully integrate such acquisitions, the ability to decrease operating expenses, and those detailed in CSI's filings with the Securities and Exchange Commission. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond CSI's control). CSI undertakes no obligation to update publicly any forward-looking statements.
CONTACT: Tracee Lee Beebe, +1-973-560-9400, tbeebe@csiwhq.com
Cars.com Fuels Confidence in Kids with Launch of 'Cars Cares' During Super Bowl XLVI
CHICAGO, Jan. 27, 2012 /PRNewswire/ -- Cars.com, the premier online resource for buying and selling new and used vehicles, announced today that it will be giving the massive audience of Super Bowl XLVI the power to make a big difference in the lives of kids and young adults through its "Cars Cares" campaign. During the game, when the Cars.com commercial airs, viewers who use the popular Shazam App to tag the ad will earn $1.00 for one of seven charities in contention for a maximum $100,000 donation from the site.
"As we head back to the big game for the fifth year, we wanted to do more as an organization to contribute to our community and drive our mission of confidence," said Mitch Golub, president of Cars.com. "We are launching Cars Cares as a way to give back, and fuel initiatives that matter to our brand, employees, site users and advertising partners - including dealers and automotive manufacturers."
The maximum $100,000 donation will be given to the charity which receives the most votes on the Cars.com Facebook page between January 26 and February 13. Eligible organizations were selected for the work they do to drive confidence in kids. "Each organization has a unique focus on educating youth and providing programs and services that drive self-esteem, positive decision making and healthy behaviors," said Golub. "It was important to us to identify organizations whose culture and values match our own and to give our community a voice in deciding which organization should be the recipient of our first Cars Cares donation."
Votes can be cast daily through February 13, and the winning organization will be announced on Monday, February 20, 2012. The charities are:
-- Adopt-A-Classroom helps underfunded teachers by providing them with
community partners and funding to purchase the tools, materials and
supplies they need to help students learn as effectively as possible in
today's classrooms.
-- Alliance for a Healthier Generation works to address one of our leading
public health threats - childhood obesity. Through its nationwide
efforts the Alliance works to positively affect places that make a
difference to a child's health: homes, schools, doctor's offices and
communities.
-- Cameras For Kids Foundation brings the gift of photography to
underprivileged teenagers living in foster facilities across the United
States. By use of digital cameras, these teenagers build up confidence,
self-esteem, artistic talent and gain a skill set by learning about the
fundamentals of photography through workshops, photo shoots and Fine Art
Photography Exhibits.
-- Reading Is Fundamental (RIF) inspires children to be lifelong readers by
delivering free books and literacy resources to underserved children
from birth to age 8. Through the dedication of more than 400,000
volunteers nationwide, RIF motivates children to follow their dreams and
achieve their full potential.
-- SADD (Students Against Destructive Decisions) empowers teens to stand up
for positive, healthy choices. SADD students work to keep their peers
safe and help them avoid making destructive decisions around underage
drinking, drug use, risky and impaired driving, and teen violence and
suicide.
-- Scholarship America believes that every student deserves an opportunity
to go to college regardless of their financial status, and since 1958
has awarded more than $2.7 billion to 1.8 million students across the
country.
-- VH1 Save the Music is a nonprofit organization dedicated to restoring
instrumental music education programs in America's public schools, and
raising awareness about the importance of music as part of each child's
complete education. Since 1997, VH1 Save The Music has provided $48
million worth of new musical instruments, donated to more than 1,800
public schools in more than 100 cities around the country, impacting the
lives of more than 1.8 million public school students.
ABOUT CARS.COM
Cars.com is an award-winning online destination for car shoppers that offers information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car. Cars.com offers thousands of new and used vehicle listings, consumer reviews, side-by-side comparison tools, photo galleries, videos, unbiased editorial content and many other tools. Cars.com put millions of car buyers in control of their shopping process with the information they need to make confident buying decisions. Launched in June 1998, Cars.com is a division of Classified Ventures, LLC, which is owned by leading media companies, including Belo (NYSE: BLC), Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), Tribune Company and The Washington Post Company (NYSE: WPO).
The Recording Academy® and HITLAB Announces Grand-Prize Winner of Emerging Talent Competition
Winner Tara Keith To Perform at Official GRAMMY® Week Event - Social Media Rock Stars Summit - on Friday, Feb. 10
MONTREAL and SANTA MONICA, Calif., Jan. 27, 2012 /PRNewswire/ -- HITLAB Inc. ("Hitlab"), in partnership with The Recording Academy® (http://www.grammy.com), has announced Hamilton, Ontario-based Tara Keith as the winner of its Emerging Talent Competition following the submission of original music to the contest's Web page (http://www.hitlab.com/grammycontest).The competition launched Nov. 2, 2011, and was designed to provide an unsigned musician the chance to perform at an official GRAMMY® Week event.
Keith, selected by a combination of fan votes and a blue-ribbon committee of music professionals, will perform as a headline act at the 3rd Annual Social Media Rock Stars Summit reception on Friday, Feb. 10. As part of the grand prize, Keith will also walk the red carpet and attend the 54th Annual GRAMMY Awards® and official GRAMMY®( )Celebration after-party on Sunday, Feb. 12. Hitlab is also proud to announce the inclusion of competition runner-up Cameron Ernst of Dallas, who will also perform at the Social Media Rock Stars Summit. The performance will be streamed live on GRAMMY Live, a three-day live stream platform of coverage on GRAMMY Week events on GRAMMY.com and CBS.com.
About HITLAB.com
HITLAB.com is a global social network connecting the world through hit music. The company has developed patented technology that uses automatic musical patterns extraction and state of the art signal processing algorithms to establish a song's hit potential. For further information, visit the company's website at http://www.hitlab.com.
About The Recording Academy
Established in 1957, The Recording Academy is an organization of musicians, producers, engineers and recording professionals that is dedicated to improving the cultural condition and quality of life for music and its makers. Internationally known for the GRAMMY Awards -- the preeminent peer-recognized award for musical excellence and the most credible brand in music -- The Recording Academy is responsible for groundbreaking professional development, cultural enrichment, advocacy, education and human services programs. The Academy continues to focus on its mission of recognizing musical excellence, advocating for the well-being of music makers and ensuring music remains an indelible part of our culture. For more information about The Academy, please visit http://www.grammy.com. For breaking news and exclusive content, follow @TheGRAMMYs on Twitter, like "The GRAMMYs" on Facebook, and join The GRAMMYs' social communities on YouTube, Tumblr, Foursquare, GetGlue, and Instagram.
SOURCE The Recording Academy
Photo:http://photos.prnewswire.com/prnh/20111116/LA07792LOGO http://photoarchive.ap.org/
The Recording Academy
CONTACT: CONTACT: Hitlab, John Alexander, +1-310-600-3934, john@hitlab.com, or Tomas Gauthier, +1-514-448-2771, tom@hitlab.com; or The Recording Academy, Jaime Sarachit, +1-310-392-3777, jaime.sarachit@grammy.com
Gamesys: Online Bingo Winner Gets Lucky With a Special Grand Prize!
LONDON, January 27, 2012/PRNewswire/ --
One lucky bingo player is celebrating after Jackpotjoy revealed its latest winner in
the Bingo Special game as a "very happy" Mrs. Janet B, who won a cool GBP1000 on the
monthly draw.
Bingo Special, which has large prizes up for grabs, takes place on the last Friday of
each month and is open to all Bingo 90 players, with tickets available for purchase in
advance.
Jackpotjoy offers a variety of online bingo [http://www.jackpotjoy.com/online-bingo ]
games, from the more traditional Bingo 75, Bingo 90 and Bingo Royale, to Monopoly or
Bejeweled. All of the Bingo based games have their own rules, styles of play and unique
twist so that every Bingo player can find a game they love.
More and more people are playing bingo these days, and the jackpot grows as more
people join the games, making the chance to win big on bingo a reality. The way in which
people play is changing too, as groups of friends can choose to gather for an online game
instead of heading down to the Bingo hall, and the number of younger adults playing has
increased too.
With Barbara Windsor fronting Jackpotjoy's increased advertising push, more and more
people are registering with the site every day as it moves to the forefront of the online
gaming market, meaning more games, more winners and therefore more money!
Mrs B was delighted when she discovered her winnings "I'm so happy to see a win like
this come my way! There's been lots spent lately, it's nice to get something back. I
wasn't even watching, I'd bought my tickets and gone out to do the shopping!"
The Gamesys Group was founded in April 2001 by Noel Hayden and a small team of
developers. Since then their flagship site, Jackpotjoy.com, has become one of the UKs
leading online gaming destination.
Stonyfield Declares 2012 the Year to Get to Know Your Food
Year-long campaign helps people know more about their food from farm to fridge with online resources and Know Your Food Adventure giveaway
LONDONDERRY, N.H., Jan. 27, 2012 /PRNewswire/ --This year, Stonyfield is making it easier to get to know more about the food we eat. The world's leading organic yogurt maker is launching a year-long Know Your Food campaign aimed at helping people get to know more about the what's really in the foods in their refrigerators, freezers and pantries. At a time when the origins and ingredients of what we eat are becoming increasingly hard to decipher, Stonyfield is offering tools and resources to help empower people to make the best food choices for themselves and their families.
The Stonyfield Know Your Food campaign kicks off with a new website http://www.IWillKnowMyFood.com, where people can learn about the farm-to-fridge journey and why what we eat matters. The site will feature a frequently changing roster of food, agriculture and health experts offering insights into how food is produced, what's really in the things we eat, and how all of this impacts our bodies, our communities and our planet. The site also showcases a selection of short mini-documentaries for people to watch and share with friends and family.
"We all know the saying - you are what you eat. Today, with the overwhelming variety of food choices available, it's important that people have resources to help them understand how what they are putting in their bodies impacts their health, from helping boost energy to preventing disease and more," said Ashley Koff RD, author of Mom Energy and contributor to the Stonyfield Know Your Food campaign website. "It's so important for us all to know the truth about our food and feel empowered when we make quality food choices."
To celebrate the launch of the Stonyfield Know Your Food campaign, people are invited to log on to http://www.IWillKnowMyFood.com and enter a photo of their refrigerator for a chance to win a Know Your Food Adventure including four nights at a bed and breakfast in Vermont, complete with organic breakfasts, real-life farm experience, and an abundance of information about organic farming. The winner will also get a fridge makeover, including a consultation with a nutritionist, a year's worth of free Stonyfield Organic products and a $500 shopping trip to stock the fridge and pantry with healthy food!
"It's no wonder people are hungry for knowledge and seeking food sources they can trust, with the abundance of studies proving that chemical agricultural practices are harming us and the planet," said Stonyfield Co-Founder and Chairman Gary Hirshberg. "It's clear that we're in a time when, more than ever, people want to know everything possible about their food. Stonyfield got its start as a nonprofit sustainable farming school and we see this campaign as yet another extension of our roots."
The Stonyfield Know Your Food campaign will last throughout 2012, with new and fresh information updated frequently, as well as additional contests and interactive features to come. To stay informed, sign up for updates at http://www.IWillKnowMyFood.com.
Stonyfield, celebrating its 28th year, is the world's leading organic yogurt company. Its certified organic yogurt, smoothies, milk, cultured soy, frozen yogurt and ice cream are distributed nationally. The company advocates that healthy food can only come from a healthy planet. Its use of organic ingredients helps keep over 200,000 farm acres free of toxic, persistent pesticides and chemical fertilizers known to contaminate soil, drinking water and food. To help reduce climate change, Stonyfield offsets all of the C02 emissions generated from its facility energy use. The company also started a nonprofit called Climate Counts (climatecounts.org) which shows people how they can help fight climate change by the way they shop and invest. Stonyfield also donates 10% of its profits to efforts that help protect and restore the Earth. For more information about Stonyfield Farm, its products and initiatives, visit http://www.stonyfield.com or follow Stonyfield on Twitter @Stonyfield and on Facebook http://www.facebook.com/StonyfieldFarm.
UL Report and Video on "Energy and the Smart Grid Home" as Presented at CES 2012 Now Available for Free Download
NORTHBROOK, Ill., Jan. 27, 2012 /PRNewswire/ --
WHO:UL, (Underwriters Laboratories), a world leader in advancing safety, in collaboration with industry leaders such as LG, Phillips, Panasonic and the EPA.
WHAT: The availability of "Energy and the Smart Grid Home - Insights from 2012 CES" -- a downloadable post-show report and video providing perspectives from industry and government thought leaders on how they envision the near future of intelligent homes. This thought-provoking content was originally part of a three-track conference session hosted by UL at the 2012 Consumer Electronics Show (CES) which explored "LED Technology," "Energy Generation" and "Energy Savings."
WHEN: Available Now
WHERE: To download the full post-CES report, please visit http://www.ul.com/ces. Full video recordings of the conference track sessions will also be available soon.
WHY: To gain valuable perspectives from industry and government thought leaders on how they envision the near future of intelligent homes.
SOURCE UL
UL
CONTACT: Carla Slawson, UL Public Relations, C: +1-847-664-1812, Carla.Slawson@ul.com; or Stephen Gilmore, MSLGROUP, C: +1-646-500-7732, Stephen.Gilmore@mslgroup.com
GameFly Launches Promotion to Give New Customers Their First Month Free
Leading Online Video Game Rental Service Offers Unbeatable Deal For Physical and Digital Gaming
LOS ANGELES, Jan. 27, 2012 /PRNewswire/ -- GameFly, Inc., the leading online video game rental subscription service, today announced a limited time promotion for first-time customers, who can go to http://www.GameFly.com/promo and enter the code 'RENTGAMES' to get their first month of service for free. This special promotion starts today and ends on February 3, 2012. Whether gamers want to try before they buy, rent instead of buy, pre-order new titles, or download loads of PC games, GameFly does it all. The only rental service to offer both physical and digital video games, GameFly has over 8,000 console and handheld titles for rent and over 1,500 PC/Mac titles available for purchase.
GameFly recently launched the public beta for its new one-stop shop PC/Mac Client that provides up-to-the-minute news, vibrant games pages with HD videos and screenshots, management of one's GameQ and purchased/downloaded titles. As an added value to subscribers, GameFly's new Unlimited PC Play service gives gamers access to hundreds of PC games they can download and play for free on as many of their PCs, for as long as they are active members.
"Casual to hardcore gamers and families alike all love GameFly because it lets them play a wide variety of console and pc games at a low monthly price," says Sean Spector, GameFly co-founder and SVP of Business Development and Content. "Not only do we always have the hottest new games available at launch, but we also provide a deep back catalog of console, handheld and PC/Mac games that people can play wherever, whenever."
About GameFly
GameFly, the leading subscription video game rental service, allows members to rent one or more video games concurrently, with no due dates, late fees or shipping charges. Users can easily select from over 8,000 console/handheld titles or 1500 PC/Mac games, and manage their list of games online from the GameFly website at http://www.gamefly.com or from the GameFly App for iOS and Android devices. Members receive games via First-Class Mail and return them to GameFly at their convenience using prepaid mailers. In addition to selling video games through the "Keep" feature, GameFly also sells new and used video games.
Tipard Newly Upgraded Mac iPhone & iPhone 4 Ringtone Maker
BEIJING, Jan. 27, 2012 /PRNewswire-Asia/ -- In order to give iPhone users better user experience, Tipard R&D team newly upgraded iPhone Ringtone Maker for Mac and iPhone 4 Ringtone Maker for Mac, which have got the most advanced system kernel and brand new interface, and many other user-friendly functions.
Referring to iPhone Ringtone Maker for Mac, with the latest system kernel, it has English/French/German/Japanese four interface languages and auto-update function to make sure that you always have latest version. What's more, it highly supports the newest iOS 5.0.1 and iTunes 10.5 and supports outputting iPhone, iPhone 4 or iPhone 4S M4R ringtone files. Therefore, at present, this Mac iPhone Ringtone Maker not only can rip any DVD and convert diverse video files to output M4T ringtone format, but also allows you to add "fade in" and "fade out" effects to make your ringtone more professional. Plus, the output file volume maximum can be adjusted to 200% of the original source file. Last but not the least, you can directly transfer the output iPhone ringtone to your iPhone or iTunes or Mac. It is available only for $14.95, for more features and functions to experience, please visit: http://www.tipard.com/iphone-ringtone-maker-for-mac.html
Plus, Tipard Mac iPhone Transfer for ePub has got update and highly supports iOS 5.0.1 and iTunes 10.5. Importantly, this Mac iPhone Transfer for ePub supports directly transfer ePub or PDF files from iPhone to iPad, iPad 2, iPhone 4, iPhone 4S or iPod touch 4, etc. Then, users can easily share various eBooks with friends or families without limitations or confusion. It is available only for $19, for more detailed information and to get the free trial version, please visit the following product webpage: http://www.tipard.com/mac-iphone-transfer-for-epub/
System Requirement for Mac Products:
Processor: Intel® processor
OS Supported: Mac OS X 10.4 or above
Hardware Requirements: 512MB RAM, Super VGA (800x600) resolution, 16-bit graphics card or higher
Hint: PowerPC Processor is not supported, but if you need such an application for PowerPC, we can make one for you. Just contact us by email: marketing@tipard.com
About Tipard Studio
As a leading player in the multimedia software field, Tipard Studio always takes bringing multimedia users best software as its responsibility and keeps being innovative and competitive. With advanced technologies and a first-class R&D team, it has constantly developed many excellent multimedia desktop applications, which are very popular among Windows and Mac users. For more details about Tipard Studio, please visit: http://www.tipard.com
SOURCE Harbour Software
Harbour Software
CONTACT: Eric Smith, Tel: +86-13260286758, pr@tipard.com
Snap MyLife Acquires Inkubook Photo Book Publishing Service
PRINCETON, N.J., Jan. 27, 2012 /PRNewswire/ -- A place for everything and everything in its place. That's what users of the popular Snap MyLife will enjoy now that Snap MyLife, Inc. completed a deal with Author Solutions, Inc. to acquire the assets of Inkubook, an online personal photo book publishing service.
As part of the transaction, Snap MyLife will retain a majority of the current Inkubook team based in Indianapolis, with plans to further expand the location as a core R&D center for its consumer cloud-service applications. Inkubook will continue to operate as a standalone service for quality photo book and other photo merchandise, and will be integrated into the http://www.snapmylife.com service by the third quarter of this year.
The acquisition further enhances Snap MyLife's vision of creating a comprehensive suite of user-generated content applications and cloud-services for consumers. The company currently has more than 500,000 monthly paying subscribers for its mobile photo socialization, upload and backup applications, and is experiencing rapid growth on a global basis.
"The acquisition of Inkubook perfectly compliments our overall core vision of providing consumers with simple, yet powerful, cloud-service offering to manage, socialize, securely store and synchronize user-generated content on mobile phones and virtually any other Internet-enabled consumer-electronics device," said Jiren Parikh, president and CEO of Snap MyLife, Inc. "With the addition of Inkubook, we are adding the ability to merchandise content to our portfolio of applications and services that enhance the experience with user-generated content.
According to PMA Marketing Research, consumer spend on photo publishing products exceeded $1.4 billion in 2010 with strong growth trends. Inkubook is an easy-to-use online personal photo book publishing service that puts the power to create at peoples' fingertips, literally. Users create a free account and make beautiful keepsakes in minutes by working with the extremely user-friendly online editor tool to upload and place photos and text on the pages of their very own books, cards and calendars. Creations, available in various sizes and affordable price points, are printed on high quality silk paper and beautifully bound, in soft or hardcover. Plus, Inkubook users can share their creations via Facebook or blog/website.
Snap MyLife was represented by SorinRoyerCooper LLC in the deal; Author Solutions, Inc. was represented by MidSpan Partners.
About Snap MyLife
Snap MyLife, Inc. is a fast-growing developer of consumer cloud-service applications for managing content on mobile devices and other Internet-enabled consumer electronics. Its applications under the Snap(TM), Snap MyLife®, Snap Sync(TM), Snap Music(TM) and Snap Secure(TM) brands allow consumers to leverage cloud-services with simple, yet powerful applications for content sharing, messaging, editing, streaming, backup and synchronization, as well as device and content security across virtually all consumer electronics device categories. Snap MyLife is headquartered in Princeton, N.J., with offices globally, and is backed by Edison Ventures and Sycamore Ventures. For more information, visit http://www.snapmylifeinc.com.
SOURCE Snap MyLife, Inc.
Snap MyLife, Inc.
CONTACT: CONTACT: Bari Faye Siegel, Get It Write!, office +1-732-256-9274, cell +1-856-465-4539, getitwritetoday@gmail.com
Armor-up with Radical Entertainment's PROTOTYPE® 2 at Best Buy
Pre-Order PROTOTYPE 2 at Best Buy and Receive Exclusive Access to Sgt. James Heller's Hardened Steel Vehicle Armor!
SANTA MONICA, Calif., Jan. 27, 2012 /PRNewswire/ -- Radical Entertainment and Best Buy have revealed PROTOTYPE® 2's exclusive* pre-order bonus - Sgt. James Heller's Hardened Steel Vehicle Armor. Planned to launch April 24, 2012, from Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc. (Nasdaq: ATVI), North American fans who pre-order the game at Best Buy by April 23, 2012, will gain access to this unique upgrade as well as a limited edition PROTOTYPE 2 poster while supplies last. Head over to http://www.youtube.com/watch?v=_ERiLXecRk0 to see Hardened Steel Vehicle Armor in action, and be sure to visit http://www.bestbuy.com/prototype2 for more information, as well as other soon to be revealed PROTOTYPE 2 Best Buy exclusives.
"PROTOTYPE 2's Hardened Steel Vehicle Armor allows Sgt. James Heller to jump into any military vehicle and shrug off even the most devastating attacks," said Ken Rosman, Studio Head, Radical Entertainment. "Whether fighting off individual soldiers, helicopters, tanks, and APCs or all the above at once, this upgrade provides Heller a defensive advantage as he goes head-to-head against everything the enemy Blackwatch forces throw at him."
The sequel to Radical Entertainment's best-selling open-world action game of 2009, PROTOTYPE 2 takes the unsurpassed carnage of the original PROTOTYPE and continues the experience of becoming the ultimate shape-shifting weapon. As the game's all-new infected protagonist, Sgt. James Heller, players will cut a bloody swathe through the wastelands of post-viral New York Zero with unparalleled locomotion, building up a vast genetic arsenal of deadly, biological weapons and abilities as they hunt, kill and consume their way toward the ultimate goal - to kill...Alex...Mercer!
To find out more about PROTOTYPE 2, follow us on Twitter at http://www.twitter.com/radical_ent or check out http://www.prototypegame.com for the latest trailers, screenshots, special promotions and more! And for the truly dedicated, go to http://www.facebook.com/prototype and join the PROTOTYPE Army - a community of over 360,000 (and growing) fans that receive constant updates from the team at Radical, and early sneak peeks at new information and assets.
PROTOTYPE 2 is currently in development for Xbox(®) 360 video game and entertainment system from Microsoft, PlayStation(®)3 computer entertainment system and Windows PC. The game is rated "M" (Mature - Blood and Gore, Drug Reference, Intense Violence, Sexual Themes, Strong Language. Content suitable for persons ages 17 and older.) by the ESRB.
About Radical Entertainment
In September 2011, Radical Entertainment celebrated its 20th anniversary in the business of creating hit video games, including 2009's multi-million-unit-selling PROTOTYPE, The Simpsons Hit & Run, The Incredible Hulk: Ultimate Destruction, Scarface: The World Is Yours and more. We treat our properties with the reverence they deserve and gamers demand, and the commitment to our partners and fans continues to set us apart. Our Vancouver-based studio allows Radical Entertainment to bring the talent, tools and technology together to create entertainment that captures the world's imagination. Owned by Activision Publishing, Inc., Radical is continually ranked as one of the best places to work in B.C, according to BC Business magazine and Watson Wyatt. In 2006-2008 MediaCorp Canada ranked Radical as a Top 100 Canadian Employer, Top 10 Canadian Employer for Young People, and Top 20 B.C. Employer. For more information, please visit http://www.radical.ca.
About Activision Publishing, Inc.
Headquartered in Santa Monica, California, Activision Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.
Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Australia, South Korea, China and the region of Taiwan. More information about Activision and its products can be found on the company's website, http://www.activision.com.
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Publishing generally uses words such as "outlook," "will," "could," "would," "might," "remains," "to be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimate," "future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to identify forward-looking statements. Factors that could cause Activision Publishing's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales levels of Activision Publishing's titles, shifts in consumer spending trends, the impact of the current macroeconomic environment, the seasonal and cyclical nature of the interactive game market, Activision Publishing's ability to predict consumer preferences among competing hardware platforms, declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Publishing's products, adoption rate and availability of new hardware (including peripherals) and related software, industry competition including from used games and other forms of entertainment, litigation risks and associated costs, rapid changes in technology, industry standards, business models including online and used games, and consumer preferences, including interest in specific genres such as music, first-person action and massively multiplayer online games, protection of proprietary rights, maintenance of relationships with key personnel, customers, licensees, licensors, vendors, and third-party developers, including the ability to attract, retain and develop key personnel and developers that can create high quality "hit" titles, counterparty risks relating to customers, licensees, licensors and manufacturers, domestic and international economic, financial and political conditions and policies, foreign exchange rates and tax rates, and the identification of suitable future acquisition opportunities and potential challenges associated with geographic expansion, and the other factors identified in the risk factors sections of Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.
Activision and Prototype are registered trademarks of Activision Publishing, Inc. All other trademarks and trade names are the properties of their respective owners. All rights reserved.
"PlayStation" is a registered trademark of Sony Computer Entertainment America Inc. Microsoft, Xbox, Xbox 360, Xbox LIVE, and the Xbox logos are trademarks of the Microsoft group of companies.
*Hardened Steel Upgrade unlockable for Xbox360® and Playstation®3 systems only. Available exclusively through Best Buy. Exclusive until June 12, 2012. While supplies last. Limited time only. Code received at time of purchase.
Smartphone Technology Meets Personalized Medicine in Everist Genomics' CardioDefender Diagnostic System
-Wearables Technology Conference to Feature The Smartphone That Never Misses A Heartbeat -
ANN ARBOR, Mich., Jan. 27, 2012 /PRNewswire/ -- Everist Genomics announced today that Executive Vice Chairman Alex Charlton will speak about its breakthrough CardioDefender Device at the Wearable Technologies Conference, January 30, 2012, in Munich.
Smartphone healthcare applications are graduating from novelty items to mainstream medicine, helping physicians to save lives and reduce the cost of care. Everist Genomics, a rapidly growing personalized medicine company, is successfully integrating smartphone and tablet computer technology with innovative, medically important diagnostics and prognostics in the areas of cardiovascular disease, metabolic disease (e.g. diabetes) and cancer. Everist Genomics' CardioDefender is the world's first FDA-approved and CE mark-registered smartphone ECG system to provide physicians and patients with hospital-quality heart rhythm monitoring outside of the hospital setting. CardioDefender incorporates several unique capabilities enabling physicians to diagnose and treat potentially life-threatening heart arrhythmias that might otherwise be missed. CardioDefender is the first system to deliver mobile, real-time, beat-by-beat, and quantitative heart monitoring and automated reporting by combining patented analytical smartphone software with a Wi-Fi device and electrodes.
"The essence of personalized medicine is to diagnose a problem before there are noticeable symptoms. Physicians who diagnose and treat heart arrhythmias have been hampered for many years by legacy technology, such as hospital based ECG systems which confine patients to the high-cost hospital setting and Holter monitors which do not provide the comprehensive monitoring needed to detect potentially life threatening arrhythmias," Charlton said. "For the first time, CardioDefender enables smartphone-based hospital-quality ECG monitoring of patients 24 hours per day, seven days per week."
The company's recently announced commercialization plans of CardioDefender coincide with reports from various industry sources projecting significant growth in remote patient monitoring. According to analyst firm Berg Insight, for example, around 2.2 million patients worldwide were using home monitoring service based on equipment with integrated connectivity at the end of 2011--cardiac arrhythmia was cited as one of the most common conditions monitored by these technologies.(1)
Following FDA approval and European CE Mark registration last year, CardioDefender has already been deployed at more than 150 medical facilities in the United States for post-approval commercial evaluation. Between January and October of 2011, the number of patient days of heart rhythm monitoring performed with CardioDefender grew from fewer than 5,000 to more than 18,000 patient days per month. Since the system was introduced, Everist Genomics has received inquiries about the product from more than 32 countries, including China, India and the U.S.
"We are very pleased with the success of the commercial evaluation of CardioDefender and the overwhelming level of interest we have received regarding the availability of the diagnostic system," Charlton said. "The invitation to speak at the highly-esteemed Wearable Technologies Conference further underscores the value of this innovative mobile system in advancing care for arrhythmia patients."
Everist Genomics launched its first product last year with the introduction of OncoDefender-CRC, a prognostic test for predicting the risk of disease recurrence for early stage colorectal cancer patients. The company expanded its pipeline with the creation of a new franchise of diagnostic and prognostic tests aimed at melding personalized medicine with mobile health platforms. In addition to the CardioDefender diagnostic system, Everist Genomics recently announced development of AngioDefender, the world's first tablet computer device capable of accurately diagnosing atherosclerosis in asymptomatic patients. The company is developing mobile applications for the AngioDefender system to extend physician access to vital patient information and provide clinical support for treatment planning. The company plans to launch the AngioDefender system in February 2012.
About Everist Genomics
Everist Genomics is a prognostics company focused on developing gene-based molecular assays for the prediction of cancer recurrence and proprietary point-of-care equipment for the evaluation and management of cardiovascular disease. Using its patented Evolver(TM) technology platform, Everist Genomics is successfully developing and commercializing entirely new classes of patent-protected molecular biomarkers and sensor technologies which employ proprietary equipment, devices and software to help physicians make individualized treatment and drug prescribing decisions. The privately owned company is located in Ann Arbor, Michigan. For more information, please visit http://www.everistgenomics.com.
About The Wearable Technologies Conference
On January 30, 2012, for the fifth time in a row, the Wearable Technologies Conference will take place in line with ISPO in Munich. This exciting conference, sponsored by Philips, offers industry leaders from notable companies such as Roche and Adidas, as well as emerging companies, a unique platform to present their latest innovations from the field of healthcare.
This year's conference will feature two areas of interest, namely the newest developments in the areas of "Sports & Consumers" and "Health & Fitness." In addition to novel technologies in development, the 2012 WTconference will present products ready for market. These days, technologies worn on or near the body are experiencing a real boom. The first WT products, those interesting to a wider market, are recording resounding successes. In addition, the many innovative technologies that have just reached the market stage have become all the more important to those manufacturers who can use the new technologies in a variety of their products.
CONTACT: For media inquiries, Susan Rood of Lazar Partners, +1-212-843-0210, srood@lazarpartners.com; For business development inquiries, Alex Charlton, +1-917-576-1435, ac@everistgenomics.com
ClearOne Enters Video Conferencing Market with the Acquisition of VCON
SALT LAKE CITY, Jan. 27, 2012 /PRNewswire/ -- ClearOne (NASDAQ: CLRO) today announced the acquisition of Israel-based VCON Video Conferencing, a leader in high-performance, end-to-end, software video conferencing solutions.
ClearOne entered into a definitive agreement to acquire substantially all the assets of VCON. Under the terms of the asset purchase agreement, ClearOne will pay $4.5 million in cash and will not assume any debt or cash. The acquisition is expected to close by the end of this quarter, subject to customary closing conditions, including applicable regulatory and court approvals.
VCON has established a comprehensive portfolio of industry-leading HD videoconferencing solutions comprising feature-rich room systems and desktop video applications, as well as enhanced network management and infrastructure solutions. With the acquisition of VCON, ClearOne will offer a complete suite of audio and video conferencing and collaboration solutions.
VCON brings cutting-edge software-based full HD (1080p) video conferencing technology with H.264 High Profile encoding that reduces bandwidth utilization up to 50 percent. Unique features to VCON software-based video endpoint solutions include:
-- Embedded multipoint video conferencing
-- Embedded SIP/H.323 bridging interoperability with all leading
standards-based hardware and software video conferencing endpoints
-- Built-in recording and streaming
-- Built-in remote content and data sharing
-- Built-in interactive multicast
"The acquisition of VCON will bring us a wealth of knowledge, technology and experience in the growing video conferencing market to complement ClearOne's leadership in audio conferencing," said Zee Hakimoglu, Chairman and CEO of ClearOne. "VCON's software-based technology opens the gate to multipoint HD video conferencing for a broad spectrum of platforms."
"ClearOne is an ideal match for VCON as it enhances the quality of video conferencing with ClearOne's HDConference(TM) audio processing technology and products," said Isaac Ben Ezra, CEO of VCON. "Customers, channel partners and end-users will all benefit from the strengths of these two world-class leaders as innovative technologies are brought to market."
About ClearOne
ClearOne is a global solutions company that develops and sells conferencing, multimedia streaming and connectivity systems for unified audio, video, web, and digital signage communication. The reliability, flexibility and performance of its advanced comprehensive solutions enhance the quality of life through better collaboration, education and entertainment. ClearOne products are designed for commercial and residential use, offering unprecedented levels of performance, functionality, simplicity, reliability and scalability. More information about the company can be found at http://www.clearone.com.
About VCON
Originally established in 1994, VCON was the first company to introduce the world's first video conferencing over IP. After it was acquired by The Emblaze Group in 2005, the company continued to introduce innovative videoconferencing products to the market, including the industry's first multipoint conferencing unit (MCU) with integrated session recording and streaming.
VCON Video Conferencing Ltd., now a privately owned company, offers standards-based systems and infrastructure, which are operated easily and intuitively over a variety of networks. More information about the company can be found online at http://www.vcon.com.
WISeKey Hosts the Davos Swiss Night at the World Economic Forum in Cooperation with Hublot
DAVOS, Switzerland, January 27, 2012/PRNewswire/ --
WISeKey, the Swiss digital security company has become a Global Growth Company Partner
of the 2012 World Economic Forum. WISeKey is the first startup in Switzerland to become a
member in such a short time; other technology companies with the distinction include
Google and Facebook.
WISeKey is using its new status with the WEF to promote Swiss innovation. At the
Annual Meeting in Davos, WISeKey will host, with its partner Hublot, the Swiss Night
dinner, an event that will bring together VIPs, including CEOs and heads of state.
WISeKey and the OISTE Foundation are finalizing a digital security task force created
to converge, process, and support innovations in identity management, authentication, and
encrypted communications using Switzerland as its focal point and technical hub.
The Swiss Digital Security Task Force (SDSTF) will engage organizations to cooperate
in and contribute to the development, dissemination, and implementation of advancements
related to cyber-security and its practice, designed to improve the current conditions and
mitigate potential risks.
The goal of the SDSTF is to inspire and motivate worldwide changes to the digital
security environment, including the promotion of neutrality, standardization, digital
identification, trusted clouds, and data sovereignty for a more efficient cyberspace
framework which will allow countries to use the Swiss model as a reference for their
national cyber-security strategies.
Always exploring new technologies, WISeKey has been investigating the security aspects
of Augmented Reality (AR), and has released WISeID AR for Davos. In addition to WISeID's
secure data, WISeID AR is equipped with detection capabilities that can offer helpful
information to iPhone and Android users. WISeID AR was built in partnership with
igloobe.net.
Verizon and National Cyber Security Alliance, in Recognition of Data Privacy Day, Urge Consumers, Businesses to Protect Their Data
Goal Is to Raise Privacy Awareness and Implement Best Practices Around the Globe
NEW YORK, Jan. 27, 2012 /PRNewswire/ -- In recognition of Data Privacy Day, Verizon is joining other technology players in encouraging customers, employees and the public to become more aware of online privacy and data-protection issues and implement best practices for protecting confidential information.
The event, which will be held on Saturday (Jan. 28), is being led by the National Cyber Security Alliance, a nonprofit organization dedicated to empowering a companies and individuals to use the Internet safely and securely.
During Data Privacy Day, now in its fifth consecutive year, participants around the globe will share privacy best practices, including training employees; offer best practices to customers; promote privacy education among parents, teachers and students; and host privacy awareness events. As a sponsor of Data Privacy Day and longtime privacy and security advocate, Verizon is focused on maintaining the privacy of its customers around the world.
To support this effort, Verizon is developing a blog series to help businesses implement privacy best practices. Visit Verizon's ThinkForward Blog to read more. Verizon is also hosting a Twitter party Friday (Jan. 27) at 1:30 p.m. geared to assisting consumers and businesses enhance privacy. Look for hashtag #privacyday on Twitter. Twitter users interested in participating in the Data Privacy Day chat should register at http://www.eventbrite.com/event/2807420069.
"Verizon is dedicated to helping improve conditions of online safety and security for all digital users, but we also know the Internet cannot become safer without everyone doing their part," said Marcus Sachs, vice president of national cyber security policy, Verizon. "Beyond products and services, Verizon is helping customers instill best practices into their own businesses as well as helping consumers navigate the Internet with privacy considerations in mind."
For additional resources on how to stay safe online, visit the National Cyber Security Alliance's Data Privacy Day 2012 web portal. Consumers also can check out Verizon's online solutions for Internet security and file backup and sharing at http://surround.verizon.com/Shop/FeaturedOffers/Default.aspx.
About The National Cyber Security Alliance
The National Cyber Security Alliance is a nonprofit organization. Through collaboration with the government, corporate, non-profit and academic sectors, the mission of the NCSA is to empower a digital citizenry to use the Internet securely and safely protecting themselves and the technology they use and the digital assets we all share. NCSA works to create a culture of cyber security and safety through education and awareness activities. NCSA board members include: ADP, AT&T, Bank of America, Cisco Systems, EMC Corporation, ESET, Facebook, General Dynamics Advanced Information Systems, Google, Intel, Lockheed Martin Information Systems & Global Services, McAfee, Microsoft, PayPal, Science Applications International Corporation (SAIC), Symantec, Verizon and Visa. Visit http://www.staysafeonline.org for more information.
About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 109 million total connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries, including all of the Fortune 500. A Dow 30 company with $111 billion in 2011 revenues, Verizon employs a diverse workforce of nearly 194,000. For more information, visit http://www.verizon.com.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by email, visit the News Center and register for customized automatic delivery of Verizon news releases.
Associating Keywords to Desired Actions Key to Digital Marketers Leveraging the Buying Cycle for Optimum Results
LONDON, January 27, 2012/PRNewswire/ --
Latest Hydra White Paper considers the various stages and channels in the buying
cycle, extending and enhancing keyword and phrase sets and then subsequently mapping them
to desired outcomes and results.
A new white paper by Software-as-a-Service marketing technology provider, Hydra
[http://www.onehydra.com/the-one-platform/wordbank ] highlights how digital marketing
specialists can enhance their keyword lists to elicit the desired response from their
prospects. In a recent survey of 200 digital marketers undertaken by the firm, 55 per cent
said they do not know what words or expressions being used in the market are worth
spending time and money on.
Titled "Optimising the Buying Cycle - tying keywords to desired actions", the white
paper discusses how search marketing specialists can enhance the effectiveness of their
campaigns by extending their lists of keywords and phrases using a combination of their
current targets, user-generated suggestions and upcoming trends.
"Understanding the buying cycle and its various stages and channels is important for
online marketing success, equally so is tying the keywords used within each to a desired
action or outcome. To achieve success, research, prioritisation and management of an
extensive keyword set is necessary, as is understanding how they fit into the various
stages of the cycle," says Ruth Zohrer, Hydra's senior solutions consultant.
Hydra's paper gives tips and suggestions as to how specialists across the disciplines
of natural search, paid search and social media can fine tune the language they use within
their campaigns across the different channels to ultimately enhance their effectiveness,
increase results and achieve greater success.
The paper highlights the six key areas to consider and evaluate when reviewing
keywords and the opportunities they represent with a view to significantly extending
reach.
"Website content, product/inventory feeds, paid search campaigns, analytics tools,
site searches and social media outlets - all need to be fully explored to ensure an in
depth analysis of all keywords and phrases takes place prior to implementing a new
strategy," says Zohrer.
The One platform [http://www.onehydra.com/the-one-platform/wordbank ] from Hydra can
assist in the process of identifying the language that is being used by prospects at each
stage of the buying cycle, and across the differing channels allowing for effective
communication. Its live data reports also uncover the most important search terms and
trends to deliver enhanced opportunities to users.
Notes to Editors:
About Hydra:
Hydra [http://www.onehydra.com ] is a provider of SaaS marketing tools established in
2011. The One Platform enables enterprise marketers to strategically and proactively
monitor, report and participate in the conversation that existing and potential customers
are having about their brand online. Gathering the collective requests and feedback of
marketing executives, digital specialists, and agency professionals, The One Platform from
Hydra is focused on driving revenue and return on investment (ROI) through integrated,
efficient and optimised management and implementation of Phrase Marketing
[http://www.onehydra.com ] campaigns across online disciplines - Natural Search, Paid
Search and Social Media.
Ruth Zohrer is available for comment. To arrange an interview or for further
information please contact:
WASHINGTON, Jan. 26, 2012 /PRNewswire-USNewswire/ -- The U.S. Consumer Product Safety Commission (CPSC) announced today that the following voluntary recall alert was posted in cooperation with the firm listed below. Recalls can be viewed at http://www.cpsc.gov.
Company
Name Product Name Quantity Hazard
------- ------------ -------- ------
Columbia Golf, service and The lower steering yoke
ParCar utility vehicles can loosen where it
Corporation, attaches to the
of steering rack and
Reedsburg, pinion, causing the
Wis. driver to lose control
of the vehicle and
About 1,400 crash.
------------- ----------------- ----------- -----------------------
CPSC Media Contact: (301) 504-7800
SOURCE U.S. Consumer Product Safety Commission
Photo:http://photos.prnewswire.com/prnh/20030904/USCSCLOGO http://photoarchive.ap.org/
U.S. Consumer Product Safety Commission
[rws]Motorola Mobility Announces Fourth Quarter and Full-Year Financial Results
LIBERTYVILLE, Ill., Jan. 26, 2012 /PRNewswire/ --
Fourth Quarter Financial Highlights
-- Net revenues of $3.4 billion
-- Non-GAAP net earnings of $0.20 per share compared to net earnings of
$0.37 per share in fourth quarter 2010; GAAP net loss of $0.27 per share
compared to net earnings of $0.27 per share in fourth quarter 2010
-- Mobile Devices net revenues of $2.5 billion, up 5 percent from fourth
quarter 2010; Non-GAAP operating loss of $19 million; GAAP operating
loss of $70 million
-- Shipped 10.5 million mobile devices, including 5.3 million smartphones
-- Home net revenues of $897 million, down 11 percent from fourth quarter
2010; Non-GAAP operating earnings of $84 million; GAAP operating
earnings of $57 million
Click here for printable press release and financial tables.
Motorola Mobility Holdings, Inc. (NYSE: MMI) today reported net revenues of $3.4 billion in the fourth quarter of 2011, comparable to the fourth quarter of 2010. The GAAP net loss in the fourth quarter of 2011 was $80 million, or $0.27 per share, compared to net earnings of $80 million, or $0.27 per share, in the fourth quarter of 2010. On a non-GAAP basis, net earnings in the fourth quarter 2011 were $61 million, or $0.20 per share, compared to net earnings of $108 million, or $0.37 per share, in the fourth quarter of 2010.
For the full year, 2011 net revenues were $13.1 billion, up 14 percent compared to 2010. For the full year, the GAAP net loss was $0.84 per share compared to a loss of $0.29 per share in 2010. On a non-GAAP basis, net earnings were $0.33 per share compared to a loss of $0.28 per share in 2010.
The Company generated positive operating cash flow of $225 million and $357 million in the fourth quarter and full year, respectively. Total cash at the end of the quarter was $3.6 billion and includes cash, cash equivalents, and cash deposits.
Details on non-GAAP adjustments and the use of non-GAAP measures are included later in this press release and in the financial tables.
"In the fourth quarter, we received very positive consumer response to Motorola RAZR, which combined an iconic brand with ultra-thin in an innovative smartphone. Our Home business continues to be a leader in the industry's transformation to all IP, with unique solutions that enable rich media experiences across any screen," said Sanjay Jha, chairman and chief executive officer, Motorola Mobility. "We remain energized by the proposed merger with Google and continue to focus on creating innovative technologies."
Operating Results
Mobile Devices net revenues in the fourth quarter, impacted by the increased competitive environment, were $2.5 billion, up 5 percent compared with the year-ago quarter. The GAAP operating loss was $70 million compared to operating earnings of $72 million in the year-ago quarter. The non-GAAP operating loss was $19 million compared to operating earnings of $56 million in the year-ago quarter. For the full year 2011, net revenues were $9.5 billion, an increase of 22 percent compared to 2010. The 2011 GAAP operating loss was $285 million compared to an operating loss of $76 million in 2010. The 2011 non-GAAP operating loss was $126 million compared to an operating loss of $198 million in 2010.
The Company shipped a total of 10.5 million and 42.4 million mobile devices in the fourth quarter and full year 2011, respectively. This included 5.3 million and 18.7 million smartphones and approximately 200 thousand and 1 million tablets in the fourth quarter and full year, respectively.
Mobile Devices highlights:
-- Launched Motorola RAZR((TM)) extending the iconic RAZR brand around the
world
-- Announced DROID RAZR MAXX((TM)), featuring twice as much battery life as
the leading competitor and measuring only 8.99 millimeters
-- Unveiled the award-winning DROID 4 by Motorola, the thinnest and most
powerful 4G LTE QWERTY smartphone featuring a five-row keyboard and
edge-lit keys
-- Introduced two new 4G LTE tablets, the DROID XYBOARD 10.1((TM)) and
XYBOARD 8.2((TM)).
-- Announced the "life proof" Motorola DEFY((TM)) MINI and slim
MOTOLUXE((TM)), two new value priced additions to Motorola's growing
budget-friendly portfolio
-- Shipped award-winning MOTOACTV((TM)), the world's first combined GPS
fitness tracker and MP3 player
-- Launched two flagship devices in China - the TD-SCDMA Motorola MT917 and
the Motorola XT928, a dual-core, dual-mode, dual-standby smartphone
Home segment net revenues in the fourth quarter were $897 million, down 11 percent compared with the year-ago quarter. GAAP operating earnings were $57 million, compared to $54 million in the year-ago quarter. Non-GAAP operating earnings were $84 million compared to $90 million in the year-ago quarter. Fourth quarter set-top shipments were down 3 percent compared to the year-ago quarter. For the full year 2011, net revenues were $3.5 billion, compared to $3.6 billion in 2010. GAAP operating earnings increased to $226 million from $152 million in 2010. The 2011 non-GAAP operating earnings increased to $332 million from $272 million in 2010. Full year set-top shipments were up 6 percent compared to 2010.
Home highlights:
-- Launched DreamGallery next-generation HTML-5 video navigation software
in North America with Shaw Communications
-- Expanded video leadership and paved the way for Canada's move to
all-MPEG-4 broadcast and On-Demand HD services with Eastlink
-- Demonstrated market leadership with introduction of new carrier Ethernet
product line for the deployment of cost-effective commercial services
-- Introduced Motorola APEX3000, which delivers market-leading density to
cost-effectively add greater demand for narrowcast services such as VOD
and DVR
-- Selected by Altibox AS in Norway to provide VAP 2400 HD wireless video
bridge to enable multi-room TV services
Merger Update
As previously announced on August 15, 2011, Motorola Mobility and Google Inc. ("Google") (NASDAQ: GOOG) entered into a definitive agreement for Google to acquire Motorola Mobility for $40.00 per share in cash, or a total of approximately $12.5 billion. On November 17, 2011, Motorola Mobility stockholders voted overwhelmingly to approve the proposed merger with Google at the Company's Special Meeting of Stockholders. The Company continues to work closely with Google to complete the proposed acquisition of Motorola Mobility as expeditiously as possible.
The Company notes that the transaction remains subject to various closing conditions. Antitrust clearances, or waiting period expirations, are required by the U.S. Department of Justice (DOJ), by the European Commission, and in Canada, China, Israel, Russia, Taiwan and Turkey. Requisite filings have been submitted to the appropriate regulatory body in each of these jurisdictions. Clearances have been received in Turkey and Russia. In Canada and the United States, the statutory waiting period for the transaction has expired although the parties have been informed that the reviewing agencies have not closed their respective investigations. In December 2011, the Chinese Ministry of Commerce proceeded to phase two of its investigation. In February, the European Commission is expected to announce whether it will close its investigation or proceed to a phase two investigation.
The Company currently expects the transaction to close in early 2012 once all conditions have been satisfied and reminds stockholders that it is possible that the failure to timely meet such conditions or other factors outside of the Company's control could delay or prevent completion of the transaction altogether.
In light of the pending acquisition of the Company by Google, the Company does not conduct a financial analyst conference call or webcast following the release of its earnings information nor provide financial guidance. To access the fourth quarter results and other financial information, please visit http://investors.motorola.com.
Consolidated GAAP Results
A comparison of results from operations is as follows:
Fourth Quarter Full Year
-------------- ---------
(In millions, except per
share amounts) 2011 2010 2011 2010
------------------------ ---- ---- ---- ----
Net revenues $3,436 $3,425 $13,064 $11,460
Gross margin 854 915 3,317 2,965
Operating earnings (loss) (78) 126 (142) 76
Earnings (loss) before
income taxes (78) 110 (148) (4)
Net earnings (loss)
attributable to Motorola
Mobility Holdings, Inc. ($80) $80 ($249) ($86)
Basic earnings (loss) per
common share * ($0.27) $0.27 ($0.84) ($0.29)
Diluted loss per common
share* ($0.27) N/A ($0.84) N/A
Weighted average common
shares outstanding
-----------------------
Basic 300.2 294.3 297.1 294.3
Diluted 300.2 N/A 297.1 N/A
Non-GAAP Adjustments for fourth quarter and full year 2011 and 2010
Fourth Quarter
--------------
Per Share Impact 2011 2010
---- ----
GAAP Earnings (Loss) per Common Share * ($0.27) $0.27
Merger-related costs** 0.22 ------
Reorganization of business charges 0.09 0.06
Stock-based compensation expense 0.12 0.14
Intangible assets amortization expense 0.04 0.05
Joint venture wind-down costs ---- 0.03
IP settlement ---- (0.19)
-----
Total Non-GAAP Adjustments *** 0.47 0.10
Non-GAAP Earnings per Common Share * $0.20 $0.37
===== =====
Full Year
---------
Per Share Impact 2011 2010
---- ----
GAAP Loss per Common Share * ($0.84) ($0.29)
Non-GAAP Earnings (Loss) per Common Share * $0.33 ($0.28)
===== ======
Definitions
* The computation of basic earnings (loss) per share for all periods through December 31, 2010 is calculated using the number of shares of Motorola Mobility Holdings, Inc. common stock outstanding on January 4, 2011, following the distribution of Motorola Mobility Holdings, Inc. common stock. No measure of diluted earnings (loss) per share is presented for all periods through December 31, 2010.
** Merger-related costs primarily consisting of compensation costs as a result of an incentive plan adjustment and legal and banking fees
*** Earnings or loss per share (EPS) impact may not add up due to rounding.
Use of Non-GAAP Financial Information
In addition to the GAAP results included in this presentation, Motorola Mobility also has included non-GAAP measurements of results. Motorola Mobility has provided these non-GAAP measurements to help investors better understand Motorola Mobility's core operating performance, enhance comparisons of Motorola Mobility's core operating performance from period to period, and allow better comparisons of Motorola Mobility's operating performance to that of its competitors. Among other things, the Company's management uses these operating results, excluding the identified items, to evaluate the performance of its businesses and to evaluate results relative to certain incentive compensation targets. Management uses operating results, excluding these items, because it believes this measurement enables it to make better period-to-period evaluations of the financial performance of its core business operations. The non-GAAP measurements are intended only as a supplement to the comparable GAAP measurements and the Company compensates for the limitations inherent in the use of non-GAAP measurements by using GAAP measures in conjunction with the non-GAAP measurements. As a result, investors should consider these non-GAAP measurements in addition to, and not in substitution for or as superior to, measurements of financial performance prepared in accordance with GAAP.
Non-GAAP adjustments are comprised of the following items:
Reorganization of business charges and merger-related costs: The Company has excluded the effects of reorganization of business charges and merger-related costs from its non-GAAP operating expenses and net income measurements because the Company believes that these items do not reflect expected future operating earnings or expenses and do not contribute to a meaningful evaluation of the Company's current operating performance or comparisons to the Company's past operating performance.
Stock-based compensation expense: The Company has excluded stock-based compensation expense from its non-GAAP operating expenses and net income measurements. Although stock-based compensation is a key incentive offered to our employees and the Company believes such compensation contributed to the revenue earned during the periods presented and also believes it will contribute to the generation of future period revenues - the Company continues to evaluate its performance excluding stock-based compensation expense primarily because it represents a significant non-cash expense. Stock-based compensation expense will recur in future periods.
Intangible assets amortization expense: The Company has excluded intangible assets amortization expense from its non-GAAP operating expenses and net income measurements, primarily because it represents a significant non-cash expense and because the Company evaluates its performance excluding intangible assets amortization expense. Amortization of intangible assets is consistent in amount and frequency but is significantly affected by the timing and size of the Company's acquisitions. Investors should note that the use of intangible assets contributed to the Company's revenues earned during the periods presented and will contribute to the Company's future period revenues as well. Intangible assets amortization expense will recur in future periods.
Details of the above non-GAAP adjustments and reconciliations of the non-GAAP measurements to the corresponding GAAP measurements can be found in the financial tables.
Business Risks
Motorola Mobility cautions the reader that this communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include, but are not limited to, the expected closing date of the proposed Google transaction and the expected timeframe for regulatory decisions. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those indicated in such forward-looking statements including, but not limited to, the ability of the parties to consummate the proposed transaction and the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory and other approvals at all or in a timely manner; and the other risks and uncertainties contained and identified in Motorola Mobility's filings with the Securities and Exchange Commission (the "SEC"), any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. Motorola Mobility undertakes no obligation to update the forward-looking statements to reflect subsequent events or circumstances or update the reasons that actual results could differ materially from those anticipated in forward-looking statements, except as required by law.
About Motorola Mobility
Motorola Mobility Holdings, Inc. (NYSE: MMI) fuses innovative technology with human insights to create experiences that simplify, connect and enrich people's lives. Our portfolio includes converged mobile devices such as smartphones and tablets; wireless accessories; end-to-end video and data delivery; and management solutions, including set-tops and data-access devices. For more information, visit motorola.com/mobility.
Media:Jennifer EricksonMotorola Mobility Holdings, Inc. +1 (847) 772-1217jennifer.erickson@motorola.com
Investors: Dean LindrothMotorola Mobility Holdings, Inc.+1 (847) 523-2858dean.lindroth@motorola.com
Motorola Mobility Holdings, Inc.
Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
Three Months Ended
------------------
December 31, October 1, December 31,
2011 2011 2010
------------- ----------- -------------
Net revenues $3,436 $3,259 $3,425
Costs of sales 2,582 2,415 2,510
Gross margin 854 844 915
--- --- ---
Selling, general
and
administrative
expenses 446 426 451
Research and
development
expenditures 384 390 367
Other charges
(income) 90 18 (43)
Intangibles
amortization 12 15 14
Operating
earnings (loss) (78) (5) 126
--- --- ---
Other income (expense):
Interest income
(expense), net * - 7 (12)
Gains on sales of
investments 5 2 -
Other, net (5) (6) (4)
Total other
income (expense) - 3 (16)
--- --- ---
Earnings (loss)
before income
taxes (78) (2) 110
Income tax
expense ** 2 30 20
--- --- ---
Net earnings
(loss) (80) (32) 90
Less: Earnings
attributable to
non-controlling
interests - - 10
Net earnings
(loss)
attributable to
Motorola
Mobility
Holdings, Inc. $(80) $(32) $80
==== ==== ===
Basic earnings
(loss) per
common share *** $(0.27) $(0.11) $0.27
Diluted loss per
common share *** $(0.27) $(0.11) N/A
Weighted average common shares
outstanding
------------------------------
Basic 300.2 297.7 294.3
Diluted 300.2 297.7 N/A
----- ----- ---
Percentage of Net Revenues ****
-------------------------------
Net revenues 100.0% 100.0% 100.0%
Costs of sales 75.1% 74.1% 73.3%
Gross margin 24.9% 25.9% 26.7%
---- ---- ----
Selling, general
and
administrative
expenses 13.0% 13.1% 13.2%
Research and
development
expenditures 11.2% 12.0% 10.7%
Other charges
(income) 2.6% 0.6% -1.3%
Intangibles
amortization 0.3% 0.5% 0.4%
Operating
earnings (loss) -2.3% -0.2% 3.7%
---- ---- ---
Other income (expense):
Interest income
(expense), net * 0.0% 0.2% -0.4%
Gains on sales of
investments 0.1% 0.1% 0.0%
Other, net -0.1% -0.2% -0.1%
Total other
income (expense) 0.0% 0.1% -0.5%
--- --- ----
Earnings (loss)
before income
taxes -2.3% -0.1% 3.2%
Income tax
expense ** 0.1% 0.9% 0.6%
--- --- ---
Net earnings
(loss) -2.3% -1.0% 2.6%
Less: Earnings
attributable to
non-controlling
interests 0.0% 0.0% 0.3%
Net earnings
(loss)
attributable to
Motorola
Mobility
Holdings, Inc. -2.3% -1.0% 2.3%
==== ==== ===
* For periods prior to separation on January 4, 2011,
interest expense, net represents an allocation to Motorola
Mobility Holdings, Inc. of the interest income and interest
expense recognized by Motorola, Inc.
** For periods prior to separation on January 4, 2011,
income tax expense was computed as if Motorola Mobility
Holdings, Inc. had filed tax returns on a stand-alone
basis separate from Motorola, Inc.
*** The computation of basic earnings (loss) per common
share for all periods through December 31, 2010, is
calculated using the number of shares of Motorola Mobility
Holdings, Inc. common stock outstanding on January 4, 2011,
following the distribution of Motorola Mobility Holdings,
Inc. common stock. No measure of diluted earnings (loss)
per share is presented for periods prior to separation.
**** Percentages may not add up
due to rounding.
Motorola Mobility Holdings, Inc.
Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
Year Ended
----------
December 31, December 31,
2011 2010
------------- -------------
Net revenues $13,064 $11,460
Costs of sales 9,747 8,495
Gross margin 3,317 2,965
----- -----
Selling, general and
administrative expenses 1,745 1,592
Research and development
expenditures 1,526 1,479
Other charges (income) 129 (237)
Intangibles amortization 59 55
Operating earnings (loss) (142) 76
---- ---
Other income (expense):
Interest income (expense), net * 10 (52)
Gains on sales of investments 17 -
Other, net (33) (28)
Total other income (expense) (6) (80)
--- ---
Loss before income taxes (148) (4)
Income tax expense ** 101 75
--- ---
Net loss (249) (79)
Less: Earnings attributable to
non-controlling interests - 7
Net loss attributable to Motorola
Mobility Holdings, Inc. $(249) $(86)
===== ====
Basic loss per common share *** $(0.84) $(0.29)
Diluted loss per common share *** $(0.84) N/A
Weighted average common shares
outstanding
------------------------------
Basic 297.1 294.3
Diluted 297.1 N/A
----- ---
Percentage of Net Revenues
****
---------------------------
Net revenues 100.0% 100.0%
Costs of sales 74.6% 74.1%
Gross margin 25.4% 25.9%
---- ----
Selling, general and
administrative expenses 13.4% 13.9%
Research and development
expenditures 11.7% 12.9%
Other charges (income) 1.0% -2.1%
Intangibles amortization 0.5% 0.5%
Operating earnings (loss) -1.1% 0.7%
---- ---
Other income (expense):
Interest income (expense), net * 0.1% -0.5%
Gains on sales of investments 0.1% 0.0%
Other, net -0.3% -0.2%
Total other income (expense) 0.0% -0.7%
--- ----
Loss before income taxes -1.1% 0.0%
Income tax expense ** 0.8% 0.7%
--- ---
Net loss -1.9% -0.7%
Less: Earnings attributable to
non-controlling interests 0.0% 0.1%
Net loss attributable to Motorola
Mobility Holdings, Inc. -1.9% -0.8%
==== ====
* For periods prior to separation on January 4, 2011, interest
expense, net represents an allocation to Motorola Mobility Holdings,
Inc. of the interest income and interest expense recognized by
Motorola, Inc.
** For periods prior to separation on January 4, 2011, income tax
expense was computed as if Motorola Mobility Holdings, Inc. had
filed tax returns on a stand-alone basis separate from Motorola,
Inc.
*** The computation of basic earnings (loss) per common share for all
periods through December 31, 2010, is calculated using the number of
shares of Motorola Mobility Holdings, Inc. common stock outstanding
on January 4, 2011, following the distribution of Motorola Mobility
Holdings, Inc. common stock. No measure of diluted earnings (loss)
per share is presented for periods prior to separation.
**** Percentages may not add up due to rounding.
Motorola Mobility Holdings, Inc.
Condensed Consolidated Balance Sheets
(In millions)
December 31, October 1, December 31,
2011 2011 2010
Assets
Cash and
cash
equivalents
* $3,451 $3,078 $-
Accounts
receivable,
net 1,780 1,774 1,571
Inventories,
net 701 746 843
Deferred
income
taxes ** 95 147 110
Other
current
assets 585 605 595
Total
current
assets 6,612 6,350 3,119
----- ----- -----
Cash
deposits 155 160 -
Property,
plant and
equipment,
net 805 803 806
Investments 119 125 137
Deferred
income
taxes ** 93 50 49
Goodwill 1,433 1,431 1,396
Other assets 513 558 697
Total assets $9,730 $9,477 $6,204
====== ====== ======
Liabilities
and
Stockholders'
Equity
Accounts
payable $1,666 $1,708 $1,731
Accrued
liabilities 2,408 2,234 2,115
Total
current
liabilities 4,074 3,942 3,846
----- ----- -----
Other
liabilities 568 587 603
Stockholders'
Equity:
Common stock 3 3 -
Additional
paid-in
capital 5,452 5,217 -
Accumulated
other
comprehensive
loss (118) (103) (345)
Retained
earnings
(accumulated
deficit) (249) (169) -
Owner's net
investment,
prior to
Separation - - 2,077
Total
Motorola
Mobility
Holdings,
Inc.
stockholders'
equity 5,088 4,948 1,732
Non-
controlling
interests - - 23
--- --- ---
Total
stockholders'
equity 5,088 4,948 1,755
Total
liabilities
and
stockholders'
equity $9,730 $9,477 $6,204
------ ------ ------
* Until separation, the Company participated in Motorola, Inc.'s
centralized cash management program. Accordingly, no cash and cash
equivalents are presented on the Motorola Mobility Holdings, Inc.
Condensed Consolidated Balance Sheet as of any reporting period prior
to separation. On January 3, 2011, the Company received a cash
contribution of $3.2 billion from Motorola, Inc., which included
approximately $168 million of cash deposits.
** For periods prior to separation on January 4, 2011, income taxes
were computed as if Motorola Mobility Holdings, Inc. had filed tax
returns on a stand-alone basis separate from Motorola, Inc.
Motorola Mobility Holdings, Inc.
Condensed Consolidated Statements of Cash Flows
(In millions)
Three Months Ended
------------------
December 31, October 1, December 31,
2011 2011 2010
------------- ----------- -------------
Operating
Net earnings (loss) attributable to Motorola Mobility
Holdings, Inc. $(80) $(32) $80
Less: Earnings attributable to non-controlling
interests - - 10
--- --- ---
Net earnings (loss) (80) (32) 90
Adjustments to reconcile net earnings (loss) to net
cash provided by operating activities:
Depreciation and amortization 54 57 61
Share-based compensation expense 36 34 43
Other non-cash charges (income) - - (37)
Gains on sales of investments (5) (2) -
Deferred income taxes - (31) (9)
Changes in assets and liabilities, net of effects of
acquisitions:
Accounts receivable, net (17) 17 (3)
Inventories 42 (19) 12
Other current assets 4 (45) 96
Accounts payable and accrued liabilities 155 30 (57)
Other assets and liabilities 36 16 29
Net cash provided by operating activities 225 25 225
--- --- ---
Investing
Acquisitions and investments (7) (21) (82)
Proceeds from sales of investments 10 12 1
Capital expenditures (64) (40) (75)
Cash deposits 20 (1) -
Other, net 1 4 -
Net cash used for investing activities (40) (46) (156)
--- --- ----
Financing
Share-based compensation activity 45 46 -
Capital contribution from Former Parent 150 75 -
Other, net - (1) -
Net transfers to Former Parent - - (90)
Net cash provided by (used for) financing activities 195 120 (90)
--- --- ---
Effect of exchange rate changes on cash and cash
equivalents (7) (47) 21
Net increase in cash and cash equivalents 373 52 -
Cash and cash equivalents, beginning of period 3,078 3,026 -
----- ----- ---
Cash and cash equivalents, end of period $3,451 $3,078 $-
------ ------ ---
Until separation, the Company participated in Motorola, Inc.'s (Former Parent) centralized cash
management program. Accordingly, no cash and cash equivalents are presented on the Motorola
Mobility Holdings, Inc. Condensed Consolidated Balance Sheet as of any reporting period prior to
separation. On January 3, 2011, the Company received a cash contribution of $3.2 billion from
Motorola, Inc., which included approximately $168 million of cash deposits. On July 22, 2011,
the Company received its first Deferred Contribution of $75 million from the Former Parent. On
November 7, 2011, the Company received its second Deferred Contribution of $75 million from the
Former Parent. On December 14, 2011, the Company received an additional Deferred Contribution of
$75 million from the Former Parent.
Motorola Mobility Holdings, Inc.
Condensed Consolidated Statements of Cash Flows
(In millions)
Full Year Ended
---------------
December 31, December 31,
2011 2010
------------- -------------
Operating
Net loss attributable to
Motorola Mobility Holdings,
Inc. $(249) $(86)
Less: Earnings attributable to
non-controlling interests - 7
--- ---
Net loss (249) (79)
Adjustments to reconcile net
loss to net cash provided by
operating activities:
Depreciation and amortization 221 230
Share-based compensation
expense 156 163
Other non-cash charges (income) 17 (36)
Gains on sales of investments (17) -
Deferred income taxes (46) 5
Changes in assets and
liabilities, net of effects of
acquisitions:
Accounts receivable, net (263) (228)
Inventories 122 (154)
Other current assets 4 89
Accounts payable and accrued
liabilities 280 629
Other assets and liabilities 132 (13)
Net cash provided by operating
activities 357 606
--- ---
Investing
Acquisitions and investments (72) (148)
Proceeds from sales of
investments 39 13
Capital expenditures (200) (143)
Cash deposits (4) -
Other, net 6 1
Net cash used for investing
activities (231) (277)
---- ----
Financing
Share-based compensation
activity 93 -
Capital contributions from
Former Parent 3,257 -
Other, net 14 -
Net transfers to Former Parent - (383)
Net cash provided by (used for)
financing activities 3,364 (383)
----- ----
Effect of exchange rate changes
on cash and cash equivalents (39) 54
Net increase in cash and cash
equivalents 3,451 -
Cash and cash equivalents,
beginning of period - -
--- ---
Cash and cash equivalents, end
of period $3,451 $-
------ ---
Until separation, the Company participated in Motorola, Inc.'s (Former
Parent) centralized cash management program. Accordingly, no cash
and cash equivalents are presented on the Motorola Mobility Holdings,
Inc. Condensed Consolidated Balance Sheet as of any reporting period
prior to separation. On January 3, 2011, the Company received a cash
contribution of $3.2 billion from Motorola, Inc., which included
approximately $168 million of cash deposits. On July 22, 2011, the
Company received its first Deferred Contribution of $75 million from
the Former Parent. On November 7, 2011, the Company received its
second Deferred Contribution of $75 million from the Former Parent.
On December 14, 2011, the Company received an additional Deferred
Contribution of $75 million from the Former Parent.
Motorola Mobility Holdings, Inc.
Segment Information
(In millions)
Summarized below are the Company's Net revenues and
Operating earnings (loss) by reportable segment for the
three months and year ended December 31, 2011 and December
31, 2010.
Net Revenues
------------
Three Months Three Months % Change from
Ended Ended 2010
December 31, December 31,
2011 2010 --------------
------------- -------------
Mobile
Devices $2,539 $2,420 5 %
Home 897 1,005 (11)%
Company
Totals $3,436 $3,425 -
------ ------ ---
% Change from
Year Ended Year Ended 2010
December 31, December 31,
2011 2010 --------------
------------- -------------
Mobile
Devices $9,531 $7,819 22 %
Home 3,533 3,641 (3)%
Company
Totals $13,064 $11,460 14 %
------- ------- ---
Three Months Three Months % Change from
Ended Ended 2010
December 31, December 31,
2011 2010 --------------
------------- -------------
Mobile
Devices $(70) $72 (197)%
Home 57 54 6 %
Merger-
related
costs * (65) - -
Company
Totals $(78) $126 (162)%
---- ---- -----
% Change from
Year Ended Year Ended 2010
December 31, December 31,
2011 2010 --------------
------------- -------------
Mobile
Devices $(285) $(76) 275 %
Home 226 152 49 %
Merger-
related
costs * (83) - -
Company
Totals $(142) $76 (287)%
----- --- -----
* Represents costs incurred at the corporate level related
to the Company's proposed merger with Google Inc.,
primarily consisting of compensation costs as a result of
an incentive plan adjustment and legal and banking fees
Motorola Mobility Holdings, Inc.
GAAP to Non-GAAP Bridge
(In millions, except per share amounts)
Percentage of Net Revenues *
----------------------------
Net revenues 100.0% 100.0% 100.0% 100.0%
Costs of sales 75.1% 74.9% 74.1% 74.0%
Gross margin 24.9% 25.1% 25.9% 26.0%
---- ---- ---- ----
Selling, general and
administrative expenses 13.0% 12.5% 13.1% 12.5%
Research and development
expenditures 11.2% 10.8% 12.0% 11.6%
Other charges 2.6% 0.0% 0.6% 0.0%
Intangibles amortization 0.3% 0.0% 0.5% 0.0%
Operating earnings (loss) -2.3% 1.9% -0.2% 1.9%
---- --- ---- ---
Other income (expense):
Interest income, net 0.0% 0.0% 0.2% 0.2%
Gains on sales of
investments 0.1% 0.1% 0.1% 0.1%
Other, net -0.1% -0.1% -0.2% -0.2%
Total other income
(expense) 0.0% 0.0% 0.1% 0.1%
--- --- --- ---
Earnings (loss) before
income taxes -2.3% 1.9% -0.1% 2.0%
Income tax expense 0.1% 0.1% 0.9% 0.9%
--- --- --- ---
Net earnings (loss) -2.3% 1.8% -1.0% 1.1%
Less: Earnings
attributable to non-
controlling interests 0.0% 0.0% 0.0% 0.0%
Net earnings (loss)
attributable to Motorola
Mobility Holdings, Inc. -2.3% 1.8% -1.0% 1.1%
---- --- ---- ---
* Percentages may not add up due to rounding.
Motorola Mobility Holdings, Inc.
GAAP to Non-GAAP Bridge
(In millions, except per share amounts)
Percentage of Net Revenues ****
-------------------------------
Net revenues 100.0% 100.0% 100.0% 100.0%
Costs of sales 75.1% 74.9% 73.3% 73.0%
Gross margin 24.9% 25.1% 26.7% 27.0%
---- ---- ---- ----
Selling, general and administrative
expenses 13.0% 12.5% 13.2% 12.4%
Research and development
expenditures 11.2% 10.8% 10.7% 10.3%
Other charges 2.6% 0.0% -1.3% 0.0%
Intangibles amortization 0.3% 0.0% 0.4% 0.0%
Operating earnings (loss) -2.3% 1.9% 3.7% 4.3%
---- --- --- ---
Other income (expense):
Interest income (expense), net * 0.0% 0.0% -0.4% -0.4%
Gains on sales of investments 0.1% 0.1% 0.0% 0.0%
Other, net -0.1% -0.1% -0.1% -0.1%
Total other income (expense) 0.0% 0.0% -0.5% -0.5%
--- --- ---- ----
Earnings (loss) before income taxes -2.3% 1.9% 3.2% 3.8%
Income tax expense ** 0.1% 0.1% 0.6% 0.6%
--- --- --- ---
Net earnings (loss) -2.3% 1.8% 2.6% 3.2%
Less: Earnings attributable to non-
controlling interests 0.0% 0.0% 0.3% 0.0%
Net earnings (loss) attributable to
Motorola Mobility Holdings, Inc. -2.3% 1.8% 2.3% 3.2%
---- --- --- ---
* For periods prior to separation on January 4, 2011, interest expense, net represents an allocation to Motorola Mobility Holdings,
Inc. of the interest income and interest expense recognized by Motorola, Inc.
** For periods prior to separation on January 4, 2011, income tax expense was computed as if Motorola Mobility Holdings, Inc. had
filed tax returns on a stand-alone basis separate from Motorola, Inc.
*** The computation of basic earnings (loss) per common share for all periods through December 31, 2010, is calculated using the
number of shares of Motorola Mobility Holdings, Inc. common stock outstanding on January 4, 2011, following the distribution of
Motorola Mobility Holdings, Inc. common stock. No measure of diluted earnings (loss) per share is presented for periods prior to
separation.
**** Percentages may not add up due to rounding.
Motorola Mobility Holdings, Inc.
GAAP to Non-GAAP Bridge
(In millions, except per share amounts)
Percentage of Net Revenues ****
-------------------------------
Net revenues 100.0% 100.0% 100.0% 100.0%
Costs of sales 74.6% 74.5% 74.1% 73.8%
Gross margin 25.4% 25.5% 25.9% 26.2%
---- ---- ---- ----
Selling, general and administrative
expenses 13.4% 12.7% 13.9% 13.1%
Research and development
expenditures 11.7% 11.3% 12.9% 12.4%
Other charges 1.0% 0.0% -2.1% 0.0%
Intangibles amortization 0.5% 0.0% 0.5% 0.0%
Operating earnings (loss) -1.1% 1.6% 0.7% 0.6%
---- --- --- ---
Other income (expense):
Interest income (expense), net * 0.1% 0.1% -0.5% -0.5%
Gains on sales of investments 0.1% 0.1% 0.0% 0.0%
Other, net -0.3% -0.3% -0.2% -0.2%
Total other income (expense) 0.0% 0.0% -0.7% -0.7%
--- --- ---- ----
Earnings (loss) before income taxes -1.1% 1.5% 0.0% -0.1%
Income tax expense ** 0.8% 0.8% 0.7% 0.7%
--- --- --- ---
Net earnings (loss) -1.9% 0.7% -0.7% -0.8%
Less: Earnings attributable to non-
controlling interests 0.0% 0.0% 0.1% 0.0%
Net earnings (loss) attributable to
Motorola Mobility Holdings, Inc. -1.9% 0.7% -0.8% -0.7%
---- --- ---- ----
* For periods prior to separation on January 4, 2011, interest expense, net represents an allocation to Motorola Mobility Holdings,
Inc. of the interest income and interest expense recognized by Motorola, Inc.
** For periods prior to separation on January 4, 2011, income tax expense was computed as if Motorola Mobility Holdings, Inc. had
filed tax returns on a stand-alone basis separate from Motorola, Inc.
*** The computation of basic earnings (loss) per common share for all periods through December 31, 2010, is calculated using the
number of shares of Motorola Mobility Holdings, Inc. common stock outstanding on January 4, 2011, following the distribution of
Motorola Mobility Holdings, Inc. common stock. No measure of diluted earnings (loss) per share is presented for periods prior to
separation.
**** Percentages may not add up due to rounding.
Motorola Mobility Holdings, Inc.
Operating Earnings (Loss) after Non-GAAP Adjustments
(In millions)
Q1 2011
-------
Mobile
TOTAL Devices Home Other
------- ---- -----
Net revenues $3,032 $2,128 $904 $-
Operating earnings (loss) $(36) $(89) $53 $-
------------------------- ---- ---- --- ---
Non-GAAP adjustments by P&L
statement line: Statement Line
--------------
Stock-based compensation expense Cost of sales 4 2 2 -
Stock-based compensation expense SG&A and R&D 36 23 13 -
Intangible assets amortization Intangibles
expense amortization 16 3 13 -
Less: Total non-GAAP adjustments 56 28 28 -
Operating earnings (loss) as a percentage of net
revenues -GAAP -1.2% -4.2% 5.9% 0.0%
Operating earnings (loss) as a percentage of net revenues
- after non-GAAP adjustments 0.7% -2.9% 9.0% 0.0%
--- ---- --- ---
Q2 2011
-------
Mobile
TOTAL Devices Home Other
------- ---- -----
Net revenues $3,337 $2,430 $907 $-
Operating earnings (loss) $(23) $(85) $62 $-
------------------------- ---- ---- --- ---
Non-GAAP adjustments by P&L
statement line: Statement Line
--------------
Stock-based compensation expense Cost of sales 4 3 1 -
Stock-based compensation expense SG&A and R&D 42 29 13 -
Intangible assets amortization Intangibles
expense amortization 16 2 14 -
Other charges
Legal claim provision (income) 20 20 - -
Less: Total non-GAAP adjustments 82 54 28 -
Operating earnings (loss) as a percentage of net
revenues -GAAP -0.7% -3.5% 6.8% 0.0%
Operating earnings (loss) as a percentage of net revenues
- after non-GAAP adjustments 1.8% -1.3% 9.9% 0.0%
--- ---- --- ---
Q3 2011
-------
Mobile
TOTAL Devices Home Other
------- ---- -----
Net revenues $3,259 $2,434 $825 $-
Operating earnings (loss) $(5) $(41) $54 $(18)
------------------------- --- ---- --- ----
Non-GAAP adjustments by P&L
statement line: Statement Line
--------------
Other charges
Merger-related costs * (income) 18 - - 18
Stock-based compensation expense Cost of sales 3 2 1 -
Stock-based compensation expense SG&A and R&D 31 21 10 -
Intangible assets amortization Intangibles
expense amortization 15 3 12 -
Less: Total Non-GAAP adjustments 67 26 23 18
Operating earnings (loss) as a percentage of net
revenues -GAAP -0.2% -1.7% 6.5% 0.0%
Operating earnings (loss) as a percentage of net revenues
- after non-GAAP adjustments 1.9% -0.6% 9.3% 0.0%
--- ---- --- ---
Q4 2011
-------
Mobile
TOTAL Devices Home Other
------- ---- -----
Net revenues $3,436 $2,539 $897 $-
Operating earnings (loss) $(78) $(70) $57 $(65)
------------------------- ---- ---- --- ----
Non-GAAP adjustments by P&L
statement line: Statement Line
--------------
Other charges
Merger-related costs * (income) 65 - - 65
Reorganization of business charges Cost of sales 5 3 2 -
Other charges
Reorganization of business charges (income) 25 21 4 -
Stock-based compensation expense Cost of sales 4 2 2 -
Stock-based compensation expense SG&A and R&D 32 22 10 -
Intangible assets amortization Intangibles
expense amortization 12 3 9 -
Less: Total Non-GAAP adjustments 143 51 27 65
Operating earnings (loss) as a percentage of net
revenues -GAAP -2.3% -2.8% 6.4% 0.0%
Operating earnings (loss) as a percentage of net revenues
- after non-GAAP adjustments 1.9% -0.7% 9.4% 0.0%
--- ---- --- ---
Full Year 2011
--------------
Mobile
TOTAL Devices Home Other
------- ---- -----
Net revenues $13,064 $9,531 $3,533 $-
Operating earnings (loss) $(142) $(285) $226 $(83)
------------------------- ----- ----- ---- ----
Non-GAAP adjustments by P&L
statement line: Statement Line
--------------
Other charges
Merger-related costs * (income) 83 - - 83
Reorganization of business charges Cost of sales 5 3 2 -
Other charges
Reorganization of business charges (income) 25 21 4 -
Stock-based compensation expense Cost of sales 15 9 6 -
Stock-based compensation expense SG&A and R&D 141 95 46 -
Intangible assets amortization Intangibles
expense amortization 59 11 48 -
Other charges
Legal claim provision (income) 20 20 - -
Less: Total Non-GAAP adjustments 348 159 106 83
Operating earnings (loss) as a percentage of net
revenues -GAAP -1.1% -3.0% 6.4% 0.0%
Operating earnings (loss) as a percentage of net revenues
- after non-GAAP adjustments 1.6% -1.3% 9.4% 0.0%
--- ---- --- ---
* Represents costs incurred at the corporate level related to the Company's proposed merger with
Google Inc., primarily consisting of compensation costs as a result of an incentive plan
adjustment and legal and banking fees
Motorola Mobility Holdings, Inc.
Non-GAAP Adjustments
(In millions, except per share amounts)
** Represents costs incurred at the corporate level related to the Company's proposed merger with
Google Inc., primarily consisting of compensation costs as a result of an incentive plan
adjustment and legal and banking fees
Motorola Mobility Holdings, Inc.
Revenue Mix by Region
(In millions)
Q1 2011
-------
TOTAL Mobile Devices Home
----- -------------- ----
North America 62% 56% 77%
Latin America 17% 20% 11%
Greater China 11% 15% 2%
EMEA 6% 5% 8%
Rest of Asia 4% 4% 2%
Total 100% 100% 100%
----- --- --- ---
Q2 2011
-------
TOTAL Mobile Devices Home
----- -------------- ----
North America 51% 43% 73%
Latin America 21% 24% 13%
Greater China 11% 14% 2%
EMEA 9% 9% 9%
Rest of Asia 8% 10% 3%
Total 100% 100% 100%
----- --- --- ---
Q3 2011
-------
TOTAL Mobile Devices Home
----- -------------- ----
North America 54% 48% 73%
Latin America 23% 26% 13%
Greater China 12% 15% 2%
EMEA 7% 6% 10%
Rest of Asia 4% 5% 2%
Total 100% 100% 100%
----- --- --- ---
Q4 2011
-------
TOTAL Mobile Devices Home
----- -------------- ----
North America 55% 48% 74%
Latin America 18% 22% 9%
Greater China 12% 15% 3%
EMEA 10% 9% 13%
Rest of Asia 5% 6% 1%
Total 100% 100% 100%
----- --- --- ---
Full Year 2011
--------------
TOTAL Mobile Devices Home
----- -------------- ----
North America 55% 48% 74%
Latin America 20% 23% 12%
Greater China 12% 15% 2%
EMEA 8% 7% 10%
Rest of Asia 5% 7% 2%
Total 100% 100% 100%
----- --- --- ---
SOURCE Motorola Mobility Holdings, Inc.
Photo:http://photos.prnewswire.com/prnh/20020307/MOTLOGO http://photoarchive.ap.org/
Motorola Mobility Holdings, Inc.
Creative Productions Develops New Robust Metrolink Website
New user-friendly design, and enhanced functionality helps regular commuters, and those new to riding the train, plan trips and customize favorite routes within seconds
LOS ANGELES, Jan. 26, 2012 /PRNewswire/ -- Creative Productions, a Long Beach-based integrated marketing and promotions agency, is pleased to announce the development of the Metrolinktrains.com website, which went live January 23. This milestone has been the culmination of ten months of strategy, development and multi-party integration to deliver a seamless website designed to meet the needs of regular and first-time riders in Southern California.
"The website's clean, elegant design is only part of the story," explains Deborah Golian Castro, Creative Productions CEO. "The vision was to improve the website's user experience to make riding the train more accessible to everyone in Metrolink's six-county service area," Castro continued.
"Creative Productions strove to exceed expectations through out the site development phase," stated Erin Suarez, Account Manager, Creative Productions. "We are extremely pleased with how the new site delivers an improved customer experience to support the ever-expanding rider community," added Suarez.
For people who are not familiar with riding the train, the new Metrolink website boasts a host of exciting new features that empower riders to plan round-trip travel with ease and confidence. Top features include, a trip planner that allows users to determine best routes, schedules, and connecting transit; My Metrolink offers regular riders a way to personalize their train-riding experience with custom alerts, favorite routes, and the ability to select relevant news content; and a price finder feature enables riders to quickly calculate the cost of a trip. The website also features real-time alerts and service advisories allowing riders to easily plan for route changes.
"It was truly a collaborative process," commented Suarez. "From multiple stakeholder meetings including member agencies, internal teams, partners and consumers, we were able to learn what people really wanted from this website, and that was especially important because Metrolink serves one of the largest metropolitan transit areas in the country. The research and competitive analysis was very extensive--and it paid off when we were ready to go to the design phase," added Suarez.
The new website will continually be updated through a custom content management tool, and act as the public-facing hub for all interaction with Metrolink trains. It will serve to communicate information about travel, incentives, offers and promotions to keep the public informed of all Metrolink activities and endeavors.
Since 2006, Creative Productions has been an agency partner to Metrolink, developing its brand, marketing and advertising initiatives through strategy, creative and technology expertise. In addition to the new website, Creative Productions continues to collaborate with Metrolink in its efforts to reach out to potential riders through large-scale programs and promotions that foster education, awareness and rider retention.
Creative Productions is an award-winning integrated marketing and promotions agency leveraging strategy, creative and technology to build brands, engage and retain customers and drive sales. The agency delivers measurable results for a variety of programs including customer websites, email marketing, targeted advertising and point of sale materials for clients including Toyota Motor Sales, Southern California Gas Co, American Honda, and ASICS America. For more information, visit http://www.creativeproductions.com.
Metrolink is Southern California's regional commuter rail service in its 19th year of operation. The Southern California Regional Rail Authority (SCRRA), a joint powers authority made up of an 11-member board representing the transportation commissions of Los Angeles, Orange, Riverside, San Bernardino and Ventura counties, governs the service. Metrolink operates over seven routes through a six-county, 512 route-mile network. Metrolink is the third largest commuter rail agency in the United States based on directional route miles and the seventh largest based on annual ridership.
CLEVELAND, Jan. 26, 2012 /PRNewswire/ -- AIRMALL USA, the leading airport concessions developer in North America and operator of the AIRMALL at Cleveland Hopkins International Airport (CLE), is pleased to announce the addition of two concepts to the retail core of the concessions program (near the Concourse B security checkpoint):
-- Fans of the popular magazine Travel + Leisure will enjoy the new Travel
+ Leisure Travel Store, a one-stop travel shop created by the magazine
and Hudson Group. The store offers a wide array of products aimed at
enhancing the travel experience, such as luggage and travel accessories
including, rolling luggage, duffle bags, travel blankets and pillows,
and messenger bags.
-- Families traveling through CLE or parents looking for a gift to bring
home after a business trip will be able to shop at the new Kidsworks,
filled with imaginative toys and reading material. Kidsworks offers a
broad selection of interesting and exciting educational toys, crafts,
travel games and toys, electronic games, plush toys and dolls. The
latest and greatest fad toys, other assorted toys, and children's books
are also featured.
(Logo: http://photos.prnewswire.com/prnh/20100802/NE44129LOGO )
"Specialty concepts such as the Travel + Leisure Travel Store and Kidworks help to make the AIRMALL at CLE a truly dynamic concessions program," said Tina LaForte, vice president of AIRMALL Cleveland. "Travel + Leisure is sure to delight the enthusiastic traveler, and Kidworks will be a one-stop shop for parents looking for a unique gift or families hoping to keep their children entertained with an educational toy, game or book on-the-go."
"The Travel + Leisure Store and Kidworks join several well-known concepts and Cleveland originals that are located in the airport's Main Terminal," said Airport Director Ricky Smith. "We're pleased at how the concessions program at CLE continues to grow and transform, and we know passengers are responding favorably to the wide array of offerings now available."
A project of AIRMALL USA, the AIRMALL at CLE officially opened in July 2010. The 76,000-square-foot concessions program features 57 distinct units.
About AIRMALL® USAAIRMALL® USA is the developer and manager of the retail, food and beverage operations at Pittsburgh International Airport, Boston Logan International Airport (Terminals B and E), Baltimore/Washington International Thurgood Marshall Airport, and Cleveland Hopkins International Airport. The leading airport concessions model in North America, AIRMALL USA continues to boast among the highest per-passenger spends on the continent and consistently receives accolades for innovation and customer service. AIRMALL USA is owned by Prospect Capital Corporation, a leading New York investment company founded in 1988. For more information on AIRMALL USA, visit http://www.airmallusa.com.
Contact: Jeff DonaldsonFor AIRMALL USA412-642-7700jeff.donaldson@elias-savion.com
Exent and ASUS Partner to Bring Free Ad-Supported Casual Games to Devices Worldwide
Exent's Games on Demand Solution Adds Premium Content to ASUS' @Vibe Entertainment Platform
NEW YORK, Jan. 26, 2012 /PRNewswire/ -- Exent and ASUS, a leading innovator in personal computing products, have partnered to bring hit PC casual games to users of ASUS' @vibe entertainment platform. Featuring hundreds of full version, premium downloadable games from Exent's free ad-supported game service, the preinstalled FreeRide Games app will be featured on a range of ASUS PC's that include the EeePC, ZENBOOK, N and U series product lines.
FreeRide Games promises to greatly enhance the @vibe entertainment offering, which provides ASUS hardware users access to a wealth of engaging value added digital content such as music, videos, games, magazines and e-books. With the addition of FreeRide Games, users will now be able to enjoy unlimited play of the best full version casual games for free thanks to Exent's ad-supported business model.
Unlike other "try-buy" game services where users are limited to 60 minutes of play as part of a trial, FreeRide Games will offer @vibe users unlimited access and play of the full-version of the most popular casual game titles such as Diner Dash, The Treasures of Montezuma, The Secret of Margrave Manor and Build-a-lot series, for free. Whereas "try-buy" model games typically convert 1% of consumers to purchase on average, Exent's previously released revenue calculations demonstrate that the ad-supported model for PC game distribution generates three to seven times the revenue of the traditional "try-buy" model. As a result, @vibe users will enjoy unlimited, free gameplay while ASUS reaps the benefit of significantly increased revenue.
"ASUS believes in bringing a variety of content to our consumers and the FreeRide Games service will be a valuable addition to the @vibe family," noted Vira Chang, the Head of eBusiness Service Dept., ASUS. "Additionally, we are encouraged by the increased revenue potential the addition of FreeRide Games represents."
The partnership with ASUS solidifies Exent's leadership position as the premiere Games on Demand provider for consumer electronics and PC manufacturers worldwide. Leveraging the company's years of experience integrating with large corporate systems, Exent's Games on Demand solutions deliver value added content and new revenue streams for major OEMs.
"Exent's goal is to empower OEMs by offering customizable Games on Demand solutions to their end users through multiple business models," noted Kobi Edelstein, GM/Owned Game Services, Exent. "We look forward to working with ASUS to bring the best PC casual games to @vibe users for free through our FreeRide Games service."
About ASUS
ASUS, the world's top 3 consumer notebook vendor and the maker of the world's best-selling and most award winning motherboards, is a leading enterprise in the new digital era. ASUS designs and manufactures products that perfectly meet the needs of today's digital home, office and person, with a broad portfolio that includes motherboards, graphics cards, optical drives, displays, desktops, Eee Box and all-in-one PCs, notebooks, netbooks, tablet devices, servers, multimedia and wireless solutions, networking devices, and mobile phones. Driven by innovation and committed to quality, ASUS won 3,398 awards in 2010, and is widely credited with revolutionizing the PC industry with the Eee PC(TM). With a global staff of more than 10,000 and a world-class R&D team of 3,000 engineers, the company's revenue for 2010 was around US$10.1 billion.
About FreeRide Games and Exent
FreeRide Games, part of Exent's Built with GameTanium network of sites and services, is the only 100% free online destination providing more than 400 premium full-download PC casual and online games. Exent is the leading global market solutions provider for monetization of PC and mobile games. Exent delivers technologies and products for various markets, including mobile operators, video game publishers, broadband service providers, consumer portals, consumer electronics manufacturers, media companies, ad agencies, brand owners, retailers and others.
Mobile App Developer i4software Launches a Reinvention of the Video Camera at MacWorld
Mobile app developer i4software(TM) has reinvented the Video Camera--This all-in-one application allows users to seamlessly shoot, edit, and share videos from the live camera view. Intuitive interface design and unique features make the process simple enough for a beginner, yet powerful enough for a professional. Video Camera by i4software puts a video studio in your pocket.
SAN FRANCISCO, Jan. 26, 2012 /PRNewswire/ -- Mobile app developer i4software(TM) has reinvented the Video Camera--This all-in-one application allows users to seamlessly shoot, edit, and share videos from the live camera view. Intuitive interface design and unique features make the process simple enough for a beginner, yet powerful enough for a professional. Video Camera by i4software puts a video studio in your pocket.
The patent-pending Live Non-Linear Editing (LiNE(TM)) interface is what makes Video Camera one-of-a-kind. Users can add transitions, preview and trim clips, and rearrange sequences all while never missing a beat of the action. Adding a professional-looking studio intro, titles and credits, as well as background music, are quick and easy--and sharing your finished product via email and social networks is as simple as tapping the screen.
The uses of Video Camera are endless; capturing magic moments with your family on vacation, sharing an exciting evening with your friends, or creating dynamic internet content like personal blogs and business testimonials. Please visit us at http://www.i4movies.com/vc-demo to see sample videos.
"It's like magic," says Michael Zaletel, founder and CEO of i4software. "Our video camera application is vastly different from any other movie-making app, so different, that a user can quickly turn their photos and videos into polished movies without ever having to leave the live preview. We anticipate Video Camera becoming the most widely used movie-making app for iPhone, iPad and iPod touch."
Features
-- Seamlessly shoot, edit, and share videos all from within the app.
-- Switch between front and rear cameras while recording.
-- Snap photos while recording.
-- Choose one of three professional-quality studio intros.
-- Include titles and scrolling credits.
-- Access rights-free music for unrestricted use, or access songs from your
own music library.
-- 1920x1080, 1280x720 and 640x360 resolutions on supported devices.
-- Full zoom control for video, including a smooth auto-zoom.
-- Patented Live Non-Linear Editing (LiNE(TM)) makes trimming while
capturing a seamless experience.
-- Preview and trim clips the moment they're shot.
-- Move, delete, or load clips in your timeline without exiting the main
camera view.
-- Import .MOV files from the camera roll, including those created with
DSLRs and third-party apps.
-- Process your final movie on the spot and instantly share with the world.
Perhaps the most impressive feature, almost unbelievable, is the Remote Camera functionality. As if by magic, the revolutionary app allows remote live recording of up to eight iOS devices, each contributing shots from different angles or locations simultaneously. Video Camera syncs the video from "Player" devices over WiFi to the "Stage" device, for viewing, switching cameras angles, recording and editing, all on-the-fly.
i4software concentrates on the development of simple, yet powerful and creative applications. Their most popular app, Flashlight, has been downloaded over one million times, and has over ten thousand five-star reviews. Their international development team have solid backgrounds in developing successful apps and games currently distributed worldwide.
Video Camera has truly reinvented the video camera.
Badgeville Launches Enterprise Cloud Connector Program
The World's Leading Gamification Platform Announces Suite of Cloud-Based Integrations, beginning with JIVE, Omniture and Salesforce.com
MENLO PARK, Calif., Jan. 26, 2012 /PRNewswire/ -- Badgeville®, the gold standard for gamification and the world's only Behavior Platform(TM), today announced the launch of Badgeville's Enterprise Cloud Connectors, a suite of SaaS connectors that provide plug-and-play integration into many of today's most widely adopted enterprise applications. Already integrated with more than 40 third-party systems, this program further expands Badgeville's leadership in gamification across the F1000 and interoperability for its client base of global enterprise leaders.Gamification techniques increase loyalty, engagement and commerce business objectives 20 to more than 250 percent across Badgeville's current client base. Now, Badgeville's Behavior Platform can integrate directly into the world's leading SaaS enterprise applications and platforms, significantly increasing business results from these solutions for joint clients. Badgeville's client roster includes Samsung, Dell, Chesapeake Energy, Deloitte, NBC, Rogers Communications and hundreds more around the globe, serving more than 1.5B API calls per month. "The world's most innovative enterprises rely on Badgeville to power their customer- and employee-facing gamification and reputation programs," said Kris Duggan, Badgeville CEO. "Gamification and reputation programs have an even higher business impact when integrated across an enterprise's multiple touch points. The launch of our Cloud Connector program makes it easy for our customers to realize even higher ROI on these software investments when the benefits of gamification are seamlessly integrated."
-- Social Software: Increase participation in employee and customer-facing
communities
-- CRM: Drive adoption, utilization, and productivity across sales and
support teams
-- Analytics: Provide business insight and enhanced targeting via
incorporation of behavior data
Since Badgeville's launch in 2010, the company has integrated with leading third-party systems including Lithium, Janrain, Livefyre, Yammer, Gigya, Atlassian, Drupal, SAP, Facebook and more. This month, Badgeville also announced its strategic partnership with Bazaarvoice, which selected Badgeville to integrate into their industry-leading social commerce solutions.
About BadgevilleBadgeville, the gold standard for gamification, provides the world's most sophisticated and flexible suite of SaaS solutions to measure and influence user behavior. Over 100 clients rely on Badgeville's Behavior Platform(TM) to increase loyalty, conversions, lifetime user value, engagement and productivity in customer- and employee-facing web and mobile experiences. With Badgeville, clients experience a 20 percent to more than 250 percent increase in these key business objectives. Badgeville's global client roster includes Samsung, Deloitte, Dell, eBay, Universal Music, NBC, Chesapeake Energy, Recyclebank, The Active Network, and CA Technologies. For more information, visit http://www.badgeville.com.
SOURCE Badgeville
Badgeville
CONTACT: Kristin Miller of Badgeville, +1-719-634-8292, kmiller@sspr.com
weathertrends360 Releases Year-Ahead Global Weather Android App
wt360 Pro for Android Compliments the Existing iPhone App and Website
BETHLEHEM, Pa., Jan. 26, 2012 /PRNewswire/ -- Weather Trends International (WTI), the global leader of actionable year-ahead business weather guidance for retailers and manufacturers, today announced the release of their consumer year-ahead weather forecasting app for Android (available in the Android Market). The new app, wt360 Pro, allows consumers to access global weather forecasts up to one year in advance, an achievement which no other weather app can currently claim.
Presently, most weather sites and apps offer consumers a 1- to 10-day weather forecast, enough for short term weather planning. WeatherTrends360.com utilizes WTI's unique math-based statistical forecasting methodology that was previously only available to their clients such as Wal-Mart, Coca-Cola, Target and Johnson & Johnson, to determine weather-based financials and retail purchasing. However, now this information is available to consumers and small businesses alike to make weather planning easy for anyone. Consumers can now book vacations and timeshares, plan weddings, arrange golf and tennis dates, plan their best garden party days and more, months ahead without weather worries.
WTI's flagship site, WeatherTrends360.com, projects high and low temperature, rainfall and snowfall trends up to a year ahead for more than 6.4 million locations in 195 countries with industry-leading 80%+ accuracy, as verified by an independent auditing firm. WTI has a 94% client retention rate over the past 9 years due to its accurate and reliable information. Additionally, the company has received 12 business and technology awards and in 2009 was listed as No. 5 on Forbes' list of America's Most Promising Companies.
"We are proud to release an Android version of our popular iPhone app that Gizmodo named App of the Day and C/Net called a 'weather crystal ball'," said Bill Kirk, chief executive officer of Weather Trends International. "According to a recent comScore survey, Google Android just reached 46.3% of the market share, and as a long-time trusted weather information provider to more than a hundred marquee companies, we knew it was time to extend our reach to this audience."
The app is poised to become the ultimate weather destination by providing both long- and short-term (day-to-day) global forecasts with weather maps that are not available anywhere else. The site features monthly, daily and hourly forecasts; a customizable email alert system that delivers personalized weather information; a weather planner and 14 different global weather maps tracking various weather-related items including lightning, wave heights, UV indices and sunshine hours.
wt360 Pro is available in the Android Market for 99 cents. The website provides full access to all information with a free membership.
In a world where weather events are making headlines almost daily, the need for accurate, year-ahead weather information is greater than ever, and WTI delivers.
About Weather Trends International
Weather Trends International (WTI) is the global leader of actionable year-ahead business weather guidance for retailers, manufacturers, pharmaceutical companies, agricultural firms, financial analysts and consumers worldwide. The company's business-to-business clients include some of the world's most respected and successful companies such as Wal-Mart, Kohl's, Target, AutoZone, Anheuser-Busch, Johnson & Johnson, Central Garden & Pet, Clorox, Energizer, 3M, JP Morgan and Hershey's. Its business-centric weather solutions and understanding of how consumers respond to the weather is used throughout organizations to help "manage the weather risk." Utilizing technology first developed in the early 1990s, WTI's unique, statistical, math-based forecasting methodology projects temperature, precipitation and snowfall trends up to a year ahead world-wide with industry-leading 80%+ accuracy (as verified by an independent auditing firm). The company has received numerous business and technology awards and in 2009 was listed #5 on Forbes' list of America's Most Promising Companies. WTI is headquartered in Bethlehem, PA with offices in Bentonville, AR. For more information, visit http://www.wxtrends.com or http://www.wt360.com.
SOURCE Weather Trends International
Weather Trends International
CONTACT: Richard Laermer, CEO, RLM Public Relations, +1-212-741-5105 x225, weathertrends@rlmpr.com
Revolutionary shopping cart technology changes the face of eCommerce
LONDON, January 26, 2012/PRNewswire/ --
The Global technology and eCommerce software [http://www.izzonet.com ] community is
waiting with bated breath for the upcoming London Stock Exchange IPO of genius eCommerce
Platform, IzzoNet [http://www.izzonet.com ]. The wheels have been set in motion for this
listing and it has been a smooth ride for the company to get to this position.
CEO Tallya Rabinovitch, who has had over 15 years in the business and is deemed to be
the guru of eCommerce for her revolutionary creative advances in the eCommerce sector,
said, "One of the things that the stock market is showing us is that one company can
influence an entire sector, and as a champion of online stores worldwide we want to bring
our product to the masses whilst strengthening the industry as a whole."
IzzoNet not only has the best technology in the world for integration with the store
owners and suppliers - or Dropshippers as they are called in the business - but has plans
to produce an interface so advanced that it will bring eCommerce to a whole new level with
their "turnkey " philosophy.
About Izzonet
IzzoNet (http://www.izzonet.com ) launched its eCommerce software in May 2011,
which shook the eCommerce market with technology that enables people to create an online
store [http://www.izzonet.com ] in a minute whilst reaching 250,000,000 potential
customers in less than 24 hours. IzzoNet's success story is also implemented in their
unique technology that allows online stores integration with suppliers and Dropshippers
whilst having their own shopping cart [http://www.izzonet.com ] technology. Keep your eyes
on IzzoNet, as this amazing company intends to revolutionise the eCommerce industry
.....London listing coming soon.
Merit RADb Adds Significant New Tools and Improved Functionality
ANN ARBOR, Mich., Jan. 26, 2012 /PRNewswire-USNewswire/ -- Merit RADb (radb.net), the world's largest public routing registry, has bolstered the robust Merit RADb member portal with new features and other significant improvements. Networking professionals and Internet organizations around the world use the Merit RADb portal to monitor their network objects and the health of their routing assets. With the new features, they now have even more tools at their fingertips to keep tabs on their organization's Internet routing.
New features added include:
-- Global BGP Visibility: Allows Merit RADb users to examine the visibility
of their network routes and AS numbers from a worldwide perspective,
collecting data from 38 different BGP (Border Gateway Protocol) route
table view points around the globe. Merit RADb distills the connectivity
information and allows users to easily compare the BGP routes.
-- Route Asset Monitoring: Monitors diverse routing and host reputation
data feeds and then sends email notifications at custom intervals. The
new feature enables organizations to better monitor the health of their
routing assets.
-- Bulk Network Object Uploading: Network object information can be
uploaded as a group using a text file, which decreases the time it takes
to add new routing information.
In addition to the new features, several tools within the Merit RADb member portal have been improved:
-- Allocation Check: Now uses allocation data directly obtained from the
regional Internet routing registries, giving users the most current
perspective on their routing.
-- Route Alerting: The tool was completely revamped to improve BGP
monitoring, using 38 data feeds from BGPMon/Route views. The diverse
routing sample gives better alerts to users regarding Internet routing
issues.
-- Host Reputation: Users can now see how others view their network from a
reputation perspective. Is your network viewed as a source of malware or
malicious activity? Merit RADb can let you know. Host reputation
examines over 20 distinct data sources to inform Merit RADb users of
many types of malicious activity on their network, such as spam,
malware, and botnets.
Organizations can subscribe to Merit RADb (radb.net) online and begin using the new features today to help maintain the health of their network.
Merit Network researchers will feature Merit RADb at NANOG54 in San Diego, California, on February 5-8, 2012.
About Merit RADb
Merit RADb is a public registry of routing information for networks in the Internet. Hundreds of organizations that operate networks - including ISPs, universities, and business enterprises - publicly publish, or register, their routing information in Merit RADb to facilitate the operation of the Internet. Organizations throughout the world use the information in Merit RADb to troubleshoot routing problems, automatically configure backbone routers, generate access lists, and perform network planning. Any Internet user may query Merit RADb for free. Currently, Merit RADb receives about 2,000,000 queries per day from over 2,000 unique hosts. More than 1,800 organizations have registered their routing information in Merit RADb, with new organizations registering every day.
Merit Network Inc., a nonprofit corporation owned and governed by Michigan's public universities, owns and operates America's longest-running regional research and education network. In 1966, Michigan's public universities created Merit as a shared resource to help meet their common need for networking assistance. Since its formation, Merit Network has remained on the forefront of research and education networking expertise and services. Merit provides high-performance networking solutions to Michigan's public universities, colleges, K-12 organizations, libraries, state government, healthcare, and other nonprofit organizations.