News

International Game Technology to Acquire Social Gaming Company Double Down Interactive

-Transaction propels IGT into a leadership position within social gaming

-Double Down is anticipated to contribute rapid user and revenue growth

-Combination allows IGT to leverage Facebook distribution channel

-Acquisition estimated to be accretive to IGT's fiscal year 2012 adjusted earnings

LAS VEGAS, Jan. 12, 2012 /PRNewswire/ -- International Game Technology (NYSE: IGT), the global leader in the design, development and manufacture of gaming machines and systems products, as well as online and mobile gaming solutions for regulated markets, has reached a definitive agreement to acquire Double Down Interactive LLC - a leading online social gaming company and developer of the popular DoubleDown(TM) Casino found on Facebook.

Launched in April 2010, the DoubleDown(TM) Casino is the world's largest virtual casino and one of the top 4 social media games in 2011 as rated by Facebook.  According to AppData.com, DoubleDown(TM) Casino currently has 4.7 million monthly active users, up from 3.3 million in October 2011. With a broad and expanding portfolio, Double Down offers blackjack, slots, slot tournaments, video poker, and roulette to social gamers all around the world.

The total consideration includes $250 million in cash, $85 million in retention payments over the next two years and up to $165 million in cash payable over the next three years subject to Double Down meeting certain financial performance targets.  IGT expects to fund the transaction from cash on hand.

The addition of Double Down provides IGT instant size and scale in the fast growing world of casino-style social gaming and is expected to broaden IGT's popular gaming titles beyond the physical casino to Facebook, the world's largest social network with over 800 million global users.  This powerful distribution model is anticipated to provide IGT an opportunity to entertain players with consistent, ubiquitous, thrilling gaming experiences across multiple platforms.

"Double Down and IGT share complementary cultures focused on innovation and creativity.  Both companies are committed to providing unrivaled quality, service and entertainment to millions of players," said Greg Enell, CEO of Double Down.  "Leveraging IGT's Research and Development, global reach, and best-in-class content will provide our loyal player base with an even more robust experience and is expected to augment Double Down's growth trajectory."

"As technological innovations increasingly influence consumer behavior, social dynamics are quickly transforming entertainment and gaming experiences everywhere," said Patti Hart, CEO of IGT.  "The addition of Double Down launches IGT into a leadership position in social gaming, extends our global reach through new mediums, and leverages our unmatched expertise in game development.  We intend to drive meaningful value from this rapidly growing distribution platform that reaches a new, but complementary, demographic of gamers."

The transaction is estimated to be accretive to IGT's fiscal 2012 adjusted earnings and is projected to close within the second quarter of its current fiscal year.  Greg Enell will continue to lead Double Down and the company's operations will remain in Seattle, WA after the acquisition is complete.  Through the integration, IGT will operate Double Down with the appropriate level of independence needed to continue to foster exceptional growth.

Completion of the transaction is subject to customary closing conditions including, but not limited to, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.  The final purchase price is subject to certain post-closing adjustments.

Conference Call Information

IGT will host a conference call regarding its acquisition of Double Down on Friday, Jan. 13, 2012, at 5:00 a.m. PST. The access numbers are as follows:

Domestic callers dial 888-606-7043, pass-code IGT
International callers dial 1-212-547-0361, pass-code IGT

The conference call also will be broadcast live over the Internet. A link to the webcast is available at the IGT website: http://www.IGT.com/InvestorRelations. If interested parties are unable to participate during the live webcast, the call will be archived until Friday, Jan. 27, 2012 also at http://www.IGT.com/InvestorRelations.

Interested parties who cannot participate at the time of the call may listen to a taped replay of the entire conference call commencing at approximately 7:00 a.m. PST on Friday, Jan. 13, 2012. This replay will run through Friday, Jan. 27, 2012.  The access numbers are as follows:

Domestic callers dial 888-568-0521
International callers dial 1-402-998-1495

About Double Down Interactive
Double Down Interactive is the leading casual games developer of "fun to play" casino experiences on the Internet. With veterans from top online game companies, the team is committed to providing consumers an online social casino experience that is unrivaled by anything else available. Anyone can play at the DoubleDown Casino by visiting http://apps.facebook.com/doubledowncasino/ or http://www.doubledowncasino.com. Double Down Interactive is based in Seattle, Washington.

About IGT
International Game Technology (NYSE: IGT) is a global leader in the design, development and manufacture of gaming machines and systems products, as well as online and mobile gaming solutions for regulated markets. More information about IGT is available at http://www.IGT.com or follow IGT on Twitter at @IGTNews or Facebook at http://www.facebook.com/IGT.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning the proposed acquisition of Double Down Interactive, including the expected benefits of the acquisition to IGT and IGT's strategic, financial and operational expectations for its business, including the Double Down business following the closing of the acquisition. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, including, among others, the possibility that the transaction might not close or that the closing may be delayed, IGT's integration of Double Down, its products, technologies and employees may experience difficulties, and the anticipated benefits of the transaction to IGT and its customers might not be realized. More information about potential factors that could affect IGT's business and financial results is included in IGT's filings with the Securities and Exchange Commission, including under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in IGT's Annual Report on Form 10-K for its 2011 fiscal year, and available on the SEC website at http://www.sec.gov and on the investor relations section of IGT's website at http://www.IGT.com. All information provided in this release is as of January 12, 2012 and IGT does not intend, and undertakes no duty, to update this information.

SOURCE  International Game Technology

International Game Technology

CONTACT: Matt Moyer Vice President, Investor Relations of IGT, +1-775-448-1581 or Staci Alonso Vice President, Marketing of IGT, +1-775-448-1581

Web Site: http://www.igt.com

International Game Technology to Acquire Social Gaming Company Double Down Interactive

·         Transaction propels IGT into a leadership position within social gaming

·         Double Down is anticipated to contribute rapid user and revenue growth

·         Combination allows IGT to leverage Facebook distribution channel

·         Acquisition estimated to be accretive to IGT's fiscal year 2012 adjusted earnings

LAS VEGAS, Jan. 12, 2012 /PRNewswire/ -- International Game Technology (NYSE: IGT), the global leader in the design, development and manufacture of gaming machines and systems products, as well as online and mobile gaming solutions for regulated markets, has reached a definitive agreement to acquire Double Down Interactive LLC - a leading online social gaming company and developer of the popular DoubleDown(TM) Casino found on Facebook.

Launched in April 2010, the DoubleDown(TM) Casino is the world's largest virtual casino and one of the top 4 social media games in 2011 as rated by Facebook.  According to AppData.com, DoubleDown(TM) Casino currently has 4.7 million monthly active users, up from 3.3 million in October 2011. With a broad and expanding portfolio, Double Down offers blackjack, slots, slot tournaments, video poker, and roulette to social gamers all around the world.

The total consideration includes $250 million in cash, $85 million in retention payments over the next two years and up to $165 million in cash payable over the next three years subject to Double Down meeting certain financial performance targets.  IGT expects to fund the transaction from cash on hand.

The addition of Double Down provides IGT instant size and scale in the fast growing world of casino-style social gaming and is expected to broaden IGT's popular gaming titles beyond the physical casino to Facebook, the world's largest social network with over 800 million global users.  This powerful distribution model is anticipated to provide IGT an opportunity to entertain players with consistent, ubiquitous, thrilling gaming experiences across multiple platforms.

"Double Down and IGT share complementary cultures focused on innovation and creativity.  Both companies are committed to providing unrivaled quality, service and entertainment to millions of players," said Greg Enell, CEO of Double Down.  "Leveraging IGT's Research and Development, global reach, and best-in-class content will provide our loyal player base with an even more robust experience and is expected to augment Double Down's growth trajectory."

"As technological innovations increasingly influence consumer behavior, social dynamics are quickly transforming entertainment and gaming experiences everywhere," said Patti Hart, CEO of IGT.  "The addition of Double Down launches IGT into a leadership position in social gaming, extends our global reach through new mediums, and leverages our unmatched expertise in game development.  We intend to drive meaningful value from this rapidly growing distribution platform that reaches a new, but complementary, demographic of gamers."

The transaction is estimated to be accretive to IGT's fiscal 2012 adjusted earnings and is projected to close within the second quarter of its current fiscal year.  Greg Enell will continue to lead Double Down and the company's operations will remain in Seattle, WA after the acquisition is complete.  Through the integration, IGT will operate Double Down with the appropriate level of independence needed to continue to foster exceptional growth.

Completion of the transaction is subject to customary closing conditions including, but not limited to, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.  The final purchase price is subject to certain post-closing adjustments.

Conference Call Information
IGT will host a conference call regarding its acquisition of Double Down on Friday, Jan. 13, 2012, at 5:00 a.m. PST. The access numbers are as follows:

<blockquote>
Domestic callers dial 888-606-7043, pass-code IGT
International callers dial 1-212-547-0361, pass-code IGT

</blockquote>
The conference call also will be broadcast live over the Internet. A link to the webcast is available at the IGT website: http://www.IGT.com/InvestorRelations. If interested parties are unable to participate during the live webcast, the call will be archived until Friday, Jan. 27, 2012 also at http://www.IGT.com/InvestorRelations.

Interested parties who cannot participate at the time of the call may listen to a taped replay of the entire conference call commencing at approximately 7:00 a.m. PST on Friday, Jan. 13, 2012. This replay will run through Friday, Jan. 27, 2012.  The access numbers are as follows:

<blockquote>
Domestic callers dial 888-568-0521
International callers dial 1-402-998-1495

</blockquote>

About Double Down Interactive
Double Down Interactive is the leading casual games developer of "fun to play" casino experiences on the Internet. With veterans from top online game companies, the team is committed to providing consumers an online social casino experience that is unrivaled by anything else available. Anyone can play at the DoubleDown Casino by visiting http://apps.facebook.com/doubledowncasino/ or http://www.doubledowncasino.com. Double Down Interactive is based in Seattle, Washington.

About IGT
International Game Technology (NYSE: IGT) is a global leader in the design, development and manufacture of gaming machines and systems products, as well as online and mobile gaming solutions for regulated markets. More information about IGT is available at http://www.IGT.com or follow IGT on Twitter at @IGTNews or Facebook at http://www.facebook.com/IGT.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that involve risks and uncertainties concerning the proposed acquisition of Double Down Interactive, including the expected benefits of the acquisition to IGT and IGT's strategic, financial and operational expectations for its business, including the Double Down business following the closing of the acquisition. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties, including, among others, the possibility that the transaction might not close or that the closing may be delayed, IGT's integration of Double Down, its products, technologies and employees may experience difficulties, and the anticipated benefits of the transaction to IGT and its customers might not be realized. More information about potential factors that could affect IGT's business and financial results is included in IGT's filings with the Securities and Exchange Commission, including under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in IGT's Annual Report on Form 10-K for its 2011 fiscal year, and available on the SEC website at http://www.sec.gov and on the investor relations section of IGT's website at http://www.IGT.com. All information provided in this release is as of January 12, 2012 and IGT does not intend, and undertakes no duty, to update this information.

SOURCE  IGT

IGT

CONTACT: Matt Moyer, Vice President, Investor Relations of IGT, +1-775-448-1581, or Staci Alonso, Vice President, Marketing of IGT , +1-775-448-1581

Web Site: http://www.doubledowncasino.com

Berkery Noyes Releases 2011 Year End Online & Mobile Industry Mergers and Acquisitions Report

NEW YORK, Jan. 12, 2012 /PRNewswire/ -- Berkery Noyes, an independent middle market investment bank, today released its 2011 Full Year Mergers and Acquisitions Trend Report for the Online & Mobile Industry. The report analyzes the sector for 2011 and compares it with similar activity in 2009 and 2010.

Median revenue and EBITDA multiples increased from 2010 to 2011. The median revenue multiple went from 1.9x to 2.4x, a 26 percent rise, while the median EBITDA multiple increased from 11.4x to 12.5x. There were 1531 strategic transactions, an increase of 33 percent compared to 2010. Total volume in the Online & Mobile space increased 33 percent over 2010, from 1299 to 1723 transactions.

"M&A activity for social media and analytics companies continues to grow as a broader range of players seek to capitalize on this evolution in media and marketing communications," said Kathleen Thomas, Managing Director at Berkery Noyes. "The world's largest retailer, Walmart, entered the market in April with their $300 million acquisition of Kosmix Corporation, and Kosmix, now known as @WalmartLabs, has already completed four deals."

@WalmartLabs, which is now the retailer's digital technology division, has been building what they call "the future of commerce" through their "Social Genome," a database combining billions of tweets, YouTube videos, Facebook messages and more. They claim this will assist shoppers with making decisions through "a broad array of social commerce applications" and ultimately help Walmart achieve greater margins and sales.

Total acquisitions involving social media and analytics companies rose 39% from 116 transactions in 2010 to 161 in 2011. The median revenue multiple for this sector between 2009 and 2011 was 5.5x.

Berkery Noyes specializes in mergers and acquisitions and financial consulting services for companies in the $25 million to $500 million range, a market that is enjoying a surge in activity. Unique among investment banking firms, Berkery Noyes combines independent strategic research and industry intelligence with senior information banking expertise. Long having been an innovator in database and research technology in M&A, Berkery Noyes has committed itself to providing more expansive and current information. The firm's research teams publish acquisition activity in the respective sectors they follow on MandAsoft.com.

A copy of the Full Year 2011 Online & Mobile Industry Mobile Industry M&A Trend Report is available at the Berkery Noyes website.

About Berkery Noyes
Berkery Noyes is an independent investment banking advisory firm servicing the information industry. Focused on middle-market corporations and financial sponsors, Berkery Noyes is committed to delivering a comprehensive array of industry-leading advisory services. Since its founding by Joseph W. Berkery in 1983, the firm has worked with corporate clients to grow through acquisition, divest non-core assets, and maximize shareholder returns through strategic transactions and restructurings. For private owners, Berkery Noyes helps create liquidity and execute timely exit strategies that achieve their personal and professional objectives. For more information, visit http://www.berkerynoyes.com.

­­­Contact Information:
Peter Wilson
Berkery Noyes
646-442-7966
peter.wilson@berkerynoyes.com

SOURCE  Berkery Noyes

Berkery Noyes

Web Site: http://www.berkerynoyes.com

Yamaha Motor Corp., U.S.A., Launches Promotion With GoPro

Yamaha ATV* Buyers Receive Free HD HERO2 Camera through May 2012

CYPRESS, Calif., Jan. 12, 2012 /PRNewswire/ -- Yamaha Motor Corp., U.S.A., has launched a first-of-its-kind promotion with GoPro, the world's most versatile camera, to give away free HD HERO2 Motorsports Edition cameras to Yamaha ATV customers in the first half of 2012.

(Photo: http://photos.prnewswire.com/prnh/20120112/LA35171)

Through the unique promotion, anyone who buys a 400cc and above Yamaha ATV* by the end of May will receive a free GoPro HD HERO2 (a $299 value) from Yamaha.  Full details are on Yamaha's website: http://tinyurl.com/Yamaha-GoPro

"Yamaha is excited to offer a free HD HERO2 camera to ATV customers in 2012 through this new promotion with GoPro," said Steve Nessl, Yamaha's ATV/SxS group marketing manager.  "We've used the HERO cameras on motocross tracks, on trail rides, in the sand dunes and even when out hunting.  It's a great camera, and we expect this will be an exciting offer for motorsports and outdoor enthusiasts alike."

The HD HERO2 camera can be worn or mounted on just about anything utilizing GoPro's numerous mounts and accessories.  This versatility matches well with Yamaha's wide ranging ATVs, from the highest-performance sports ATVs to the most durable and off-road capable utility 4x4 models.

Yamaha's Dustin Nelson wore a GoPro camera while racing his YFZ450R to a record fifth championship in the 2011 motocross season (http://www.youtube.com/user/quadXracing?feature=watch), and Yamaha's Whitetail Diaries (http://www.whitetaildiaries.com/episodes.html) hunting show on NBC Sports mounts the cameras to the best selling** big bore utility Grizzly 700 with EPS to capture dramatic action in the field.

"The versatility of the HERO cameras, and the quality that the GoPro brand represents, make this a great fit for Yamaha's ATV customers," Nessl said.  "Yamaha produces the most high-performance, toughest and off-road capable vehicles, and is an avid supporter of the many lifestyles in which our products are used.  This new GoPro promotion is another example of how Yamaha is supporting our customers' lifestyles and exceeding their expectations."

The HD HERO2 shoots high quality HD 1080p video and has numerous still image settings to capture 11 megapixel photographs that are magazine-spread quality.  GoPro (http://gopro.com/) also produces a premier line of accessories including the LCD BacPac, the award-winning 3D HERO System and the upcoming Wi-Fi BacPac / Remote Control Combo kit and GoPro App for mobile devices.

*Eligible models: All new, unused and previously unregistered 2008-2012 Yamaha ATV models 400cc and greater. Customer must purchase eligible model between January 1, 2012 and May 31, 2012. Offer good in the United States excluding Hawaii.

About Yamaha Motor Corp., U.S.A.

Yamaha Motor Corporation, U.S.A., (YMUS) a leader in the motorsports market, makes the toughest, most capable and versatile ATV and Side-by-Side vehicles. The company's ever-expanding product offerings also include motorcycles, outboard motors, personal watercraft, snowmobiles, boats, outdoor power equipment, race kart engines, accessories, apparel and much more. YMUS products are sold through a nationwide network of dealers in the United States.

Headquartered in Cypress, Calif., since its incorporation in 1976, Yamaha also has facilities in Wisconsin and Georgia, as well as factory operations in Tennessee and Georgia. For more information on Yamaha, visit http://www.yamaha-motor.com.

ATVs with engines greater than 90cc are recommended for use only by riders age 16 years and older.

**Based on Polk total new ATV registrations in the U.S. that compete in the Yamaha defined Big Bore Utility ATV segment for CYTD 2010.

MEDIA CONTACT:
Van Holmes
Yamaha Motor Corp., U.S.A. (714) 761-7370
van_holmes@yamaha-motor.com

SOURCE  Yamaha Motor Corp., U.S.A.

Photo:http://photos.prnewswire.com/prnh/20120112/LA35171
http://photoarchive.ap.org/
Yamaha Motor Corp., U.S.A.

Web Site: http://gopro.com

The Academy of Interactive Arts & Sciences and GameSpot Partner for 2012 Interactive Achievement Awards

GameSpot to Provide Live Streaming Video of the Awards and Exclusive Coverage of the D.I.C.E. Summit

CALABASAS, Calif. and SAN FRANCISCO, Jan. 12, 2012 /PRNewswire-USNewswire/ -- The Academy of Interactive Arts & Sciences (AIAS) announced today an exclusive partnership with GameSpot (http://www.gamespot.com) for the 15th Annual Interactive Achievement Awards (IAAs) and the D.I.C.E. Summit. GameSpot will provide live streaming video of the awards ceremony, as well as exclusive online content from the D.I.C.E. (Design, Innovate, Communicate, Entertain) Summit sessions that take place throughout the week. The 15th Annual IAAs will take place Thursday, February 9, 2012 at the Red Rock Resort in Las Vegas and will once again be hosted by comedian, actor and gamer Jay Mohr.

This partnership brings together the Interactive Achievement Awards, the industry's highest form of recognition of the year's best accomplishments in interactive entertainment, with GameSpot, voted as the most influential video game media site in a 2011 EEDAR poll of console owners. The IAAs are supported by every major video game publisher and developer in the industry.

The renowned annual event, the D.I.C.E. Summit, is dedicated to exploring approaches to the creative process and artistic expression as they uniquely apply to the development of interactive entertainment.  The conference features a stellar line-up of speakers both endemic and non-endemic.  This year's speaker line-up includes Bethesda's Todd Howard, Activision Publishing's Eric Hirshberg, Eat Sleep Play's David Jaffe, Epic Games' Tim Sweeney, among others.

"The Academy is excited to be bringing the D.I.C.E. Summit sessions, and our Interactive Achievement Awards - the industry's highest form of recognition - to the GameSpot audience," said Martin Rae, president, Academy of Interactive Arts & Sciences.  "GameSpot is part of a dynamic media institution known for its successful programming and longstanding partnerships.  We look forward to working with the GameSpot team on a stellar show and conference and sharing it with their audience and fans."

"The D.I.C.E. Summit provides a great opportunity for our audience to see the game creators, they love speaking their mind," said John Davison, VP of Programming, GameSpot. "Both the awards and the conference sessions provide a unique insight into the creativity and passion that drives the games business. GameSpot viewers will have the best seat in the house as they watch these unfold live."

For more information on the partnership, Interactive Achievement Awards and the D.I.C.E. Summit, please visit http://www.interactive.org and http://www.dicesummit.org.

About the Academy of Interactive Arts & Sciences

The Academy of Interactive Arts & Sciences (AIAS) was founded in 1996 as a not-for-profit organization whose mission is to promote, advance and recognize common interests and outstanding achievements in the interactive arts and sciences. The Academy conducts its annual awards show, the Interactive Achievement Awards, to promote and acknowledge exceptional accomplishments in the field. To further enhance awareness of the Academy's vision, the organization created the D.I.C.E. (Design, Innovate, Communicate, Entertain) Summit in 2002, a once yearly conference dedicated to exploring approaches to the creative process and artistic expression as they uniquely apply to the development of interactive entertainment.  With more than 22,000 members, including Electronic Arts, Microsoft, Sony, Nintendo, Ubisoft, THQ, Day One Studios, Epic Games and Insomniac Games, The Academy celebrates and honors the creativity of video games worldwide. More information can be found at http://www.interactive.org and http://www.dicesummit.org. Follow the AIAS on Facebook and Twitter.

About GameSpot

GameSpot's (http://www.GameSpot.com) expert editorial team provides more than a million daily visitors with comprehensive, engaging and unbiased game information for console, PC, and portable platforms. The site was named the most influential video game media site in America in 2011 by EEDAR (Electronic Entertainment Design and Research). It's award-winning coverage includes previews and reviews on the hottest titles, breaking news, live Web casts, online tournaments, game downloads, videos, guides, hints and more. GameSpot also has one of the most active online gaming communities fueled by a free, innovative social networking service that makes it easy and fun for gamers to interact with like-minded enthusiasts. The GameSpot family includes GameFAQs, Game Rankings and GameSpot Trax, the industry's premier real-time market intelligence tool. GameSpot is a property of CBS Interactive. GameSpot is available online, on mobile phones and on the iPad. Follow GameSpot on Facebook and Twitter.

SOURCE  Academy of Interactive Arts & Sciences

Academy of Interactive Arts & Sciences

Web Site: http://www.interactive.org

JewelMint Premieres Online Fashion Film Series and First National Television Broadcast Commercial Starring Actress Kate Bosworth

JewelMint's first fashion film will premiere on January 12, 2012

SANTA MONICA, Calif., Jan. 12, 2012 /PRNewswire/ -- Today JewelMint.com released "The Look," the first fashion film in a new online series featuring actress Kate Bosworth.  "The Look", directed by acclaimed filmmaker Michael Polish (Twin Falls Idaho, For Lovers Only, Big Sur) will also launch JewelMint's first national television broadcast campaign on January 14th.  Each film will premiere at the beginning of every month on JewelMint.com and will feature that month's exclusive jewelry collection. Viewers can expect to see something new every month; from slice of life moments to more narrative traditional structures, each film in the series will vary in tone, length and story.

(Photo: http://photos.prnewswire.com/prnh/20120112/LA34994)

The fashion films will be distributed to various media outlets and will also be available on JewelMint.com, JewelMint's YouTube Channel (youtube.com/jewelmint) and JewelMint's Facebook page (facebook.com/JewelMint).

With almost one million fans on Facebook, these monthly online experiences offer JewelMint and Kate the opportunity to share Kate's creativity with JewelMint's Facebook community. JewelMint is also launching a Facebook application [http://apps.facebook.com/shopkateslook/], which enables customers and fans to shop Kate's looks from each of the fashion films.

Kate Bosworth commented, "This project gives me the opportunity to merge together two worlds I love - fashion and cinema.  With the visionary film maker Michael Polish at the helm of this series, customers can expect a different inspired experience every month." 

BeachMint CMO, John Volturo, added, "We are so excited to showcase not only Kate's talent as a designer, but to incorporate her on screen presence as an actor into the JewelMint brand.  We are always looking for ways to create fresh and exciting experiences for our customers and we feel these fashion films are reflective of that mission."

About BeachMint:

BeachMint is a venture backed social commerce company for designer-curated direct to consumer sites, founded by serial tech entrepreneurs, Josh Berman (Co-Founder MySpace) and Diego Berdakin. BeachMint launched their first brand, JewelMint.com, with Kate Bosworth and celebrity stylist, Cher Coulter, in October 2010, StyleMint.com with Mary-Kate Olsen and Ashley Olsen in July 2011, BeautyMint.com with Jessica Simpson and celebrity skincare expert, Nerida Joy, in October 2011, and ShoeMint.com with Rachel Bilson and celebrity stylist, Nicole Chavez, in collaboration with Steve Madden.

About JewelMint:

JewelMint is an exclusive jewelry line designed by fashion icon, Kate Bosworth, and celebrity stylist, Cher Coulter, in partnership with BeachMint. JewelMint's monthly collections offer unique jewelry designs personalized to match each member's style. Each member receives style tips, trend reports and videos to show how to wear and pair pieces.

SOURCE  BeachMint

Photo:http://photos.prnewswire.com/prnh/20120112/LA34994
http://photoarchive.ap.org/
BeachMint

CONTACT: Caitlin Bosh of C&M Media, +1-646-336-1398 x209, caitlin@cmmediapr.com

Web Site: http://www.jewelmint.com

FutureLogic Announces Strategic Alliance with Leap Forward Gaming

GLENDALE, Calif., Jan. 12, 2012 /PRNewswire/ -- FutureLogic, Inc., a leading manufacturer of thermal ticket printers and promotional couponing solutions for cashless gaming, announced today that it has formed a significant strategic alliance with Leap Forward Gaming (LFG) of Reno, Nevada.   This alliance offers gaming operators and manufacturers access to a comprehensive suite of connectivity solutions by combining FutureLogic's GEN2 Universal(TM) and GEN3 Evolution® ticket printers and the PromoNet® couponing solution with Leap Forward Gaming's vast array of wireless technology products and offerings, including SaffariNet®.

(Logo: http://photos.prnewswire.com/prnh/20091014/LA92576LOGO)

"We are extremely pleased to combine forces with Leap Forward Gaming to fully realize the potential of our strengths in technology and product development and to further enhance the capabilities of our PromoNet couponing solution for gaming manufacturers and operators," said John Hilbert, VP  for Systems Development and Strategic Technology Alliances for FutureLogic, Inc.  "This strategic alliance will provide a wireless solution for issuing and redeeming promotional coupons linked to real-time game play for carded and non-carded players."

"By combining FutureLogic's expertise with our knowledge of wireless system development, we have achieved a key milestone on the road to a significantly enhanced casino floor," said Ali Saffari, CEO of Leap Forward Gaming. "This exciting alliance with FutureLogic will help us bolster our emerging leadership position to provide our patented, innovative, breakthrough wireless solution to the gaming industry, offering new levels of connectivity throughout casino floors in a cost-effective way."

The first innovative product of a multi-phase effort from the partnership is expected to be available to the gaming industry early in 2012.

About FutureLogic, Inc.
Founded in 1983 and headquartered in Glendale, Calif., FutureLogic develops and supplies solutions for the gaming industry including high-reliability printer equipment and in-game promotional couponing solutions. As the undisputed leader in super-robust thermal printer technology, FutureLogic is the industry's premier supplier of thermal printers for casino gaming, promotional equipment, kiosk, industrial, RTAL, gas pumps and medical applications. FutureLogic has shipped more than 1.5 million TITO printers worldwide. In July 2004 the company founded FutureLogic Europe, Ltd. to provide direct sales and engineering support for the growing OEM thermal printer markets in Europe. In October 2006 FutureLogic expanded its global support network into the Asia Pacific market, with a new sales and service center in Macau, China. In 2010 FutureLogic further supplemented its service and support platform with the opening of an office in Sydney, Australia, and in 2011 the company expanded its sales and marketing presence to cover South America. More information on the company is available at http://www.futurelogic-inc.com.

About Leap Forward Gaming, Inc.
Leap Forward Gaming (LFG) specializes in the innovation, development, design, manufacture and operation of wireless communication systems. LFG's wireless solutions and applications provide enhanced value to players, operators and manufacturers in gaming and non-gaming industries. LFG's multi-disciplined team of gaming industry professionals has more than 250 years combined gaming experience, with a portfolio of issued and pending worldwide patents, developing creative and groundbreaking wireless technologies. Leap Forward Gaming is headquartered in Reno, NV.

Leap Forward Gaming was founded by highly respected gaming technology leader Ali Saffari, who is the driving force behind the company. Saffari is credited with leading the development of revolutionary products and some of the most widely accepted and profitable technologies in the industry to date.

For more Information on LFG, please visit http://www.leapforwardgaming.com or call 775.323.5327.

Contact Information
John Hilbert
Vice President - Systems Development
Email: john.hilbert@futurelogic-inc.com
Phone:  818.244.4700

SOURCE  FutureLogic, Inc.

Photo:http://photos.prnewswire.com/prnh/20091014/LA92576LOGO
http://photoarchive.ap.org/
FutureLogic, Inc.

Web Site: http://www.leapforwardgaming.com

Forum Mobile and MTS Announce Strategic Partnership

Forum Mobile's MVNE offering to embed MTS solution

NEW YORK, January 12, 2012/PRNewswire-FirstCall/ --

    Quantum Telecom Inc. d/b/a Forum Mobile (Nasdaq: QTMI) a global MVNE (Mobile Virtual
Network Enabler) and MTS - Mer Telemanagement Solutions Ltd. (Nasdaq: MTSL), a global
provider of business support systems (BSS) for comprehensive telecommunication management,
telecommunications expense management (TEM) solutions and customer care & billing (CC&B)
solutions, announced today entering into a strategic partnership with the inclusion of the
MTS MVNO (Mobile Virtual Network Operator) solution as part of the Forum Mobile MVNE
solution for MNOs (Mobile Network Operators) and MVNOs.

    Forum Mobile's end-to-end MVNE solution, now to be powered by MTS, provides MNOs and
MVNOs with the ability to easily and rapidly acquire virtual network capabilities, without
needing to change their primary business focus. MNOs and MVNOs also gain flexible service
options and cross-border market presence while retaining independent business control.
MVNO's using the Forum Mobile solution gain a highly customizable, turn-key solution to
control pricing and product offerings that enable carriers to achieve significant savings
while creating a truly global mobile experience for the end user.

    "The Forum Mobile solution was designed specifically as a turn-key, outsourced
solution for mobile carriers, and MTS provides the perfect back office platform," said
Benny Yehezkel, Executive Vice President of Forum Mobile. "By partnering with a proven
industry leader like MTS, we are able to offer our customers an effortless, cost effective
solution that removes the complexities of back office operations and allows them to
concentrate on revenue generating activities such as sales and marketing."

    The MTS solution connects MVNOs and MVNEs to provide a complete solution for all
virtual network operations by providing a full end-to end, carrier grade customer care &
billing platform that supports multiple operators on a single platform. The MTS MVNO
solution offers operators a quick time to market, flexible personalization, and seamless
integration into their existing operations. The solution supports various lines of
business and services including wireless, wireline, VoIP, IPTV, gaming, content, and more.

    According to Eytan Bar, CEO of MTS, "Forum Mobile services customers of all sizes and
geographies that are looking to gain a competitive advantage by outsourcing their MVNO
operations while still maintaining a unique brand and product offering. These are the
exact advantages the MTS solution offers. We are excited about this partnership and the
opportunity it brings to both companies."

    About MTS

    Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider of innovative
solutions for comprehensive telecommunications expense management (TEM) used by
enterprises, and for business support systems (BSS) used by information and
telecommunication service providers.

    Since 1984, MTS TEM solutions have been used by many enterprises and organizations to
ensure that their telecommunication services are acquired, provisioned, and invoiced
correctly.

    MTS's solutions for Information and Telecommunication Service Providers are used
worldwide by wireless and wireline service providers for interconnect billing, partner
revenue management and for charging and invoicing their customers. MTS has pre-configured
solutions to support emerging carriers of focused solutions (e.g. IPTV, VoIP, WiMAX, MVNO)
to rapidly install a full-featured and scalable solution.

    Headquartered in Israel, MTS markets its solutions through wholly owned subsidiaries
in the United States, Hong Kong and The Netherlands as well as through OEM partnerships
with Siemens, Phillips, NEC and other vendors. MTS shares are traded on the NASDAQ Capital
Market (symbol MTSL). For more information please visit the MTS web site:
http://www.mtsint.com.

    About Forum Mobile

    Quantum Telecom, Inc. d/b/a Forum Mobile is a global Mobile Virtual Network Enabler
(MVNE) with international presence in the USA, China, and UK. Forum Mobile provides MVNOs
with a turn-key solution portfolio and service needed for their operations, market
position and business expansion - starting with infrastructure and IT through MNO
agreements, applications and handsets. Forum Mobile shares are traded on the NASDAQ
(symbol QTMI). For more information please visit QTMI web site: (
http://www.forum-mobile.com)

    Certain matters discussed in this news release are forward-looking statements that
involve a number of risks and uncertainties including, but not limited to, risks in
product development plans and schedules, rapid technological change, changes and delays in
product approval and introduction, customer acceptance of new products, the impact of
competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary
rights of the Company and its competitors, risk of operations in Israel, government
regulations, dependence on third parties to manufacture products, general economic
conditions and other risk factors detailed in the Company's filings with the United States
Securities and Exchange Commission.

   
    MTS Company Contact:
    John Venditti
    Vice President, Marketing
    Tel: +1(800)745-8725
    john.venditti@mtsint.com

    Forum Mobile Company Contact:
    Ms. Yael Greenberg
    Tel: +1-212-888-9350
    yael@forum-group.com

Source: Forum Mobile

Samsung to Offer Verizon FiOS TV App on Smart TVs and Smart Blu-ray Players in 2012

App Will Allow FiOS TV Customers to View Live Multichannel HD TV and Verizon Flex View On-Demand Content on Connected Samsung Devices

LAS VEGAS, Jan. 12, 2012 /PRNewswire/ -- Verizon and Samsung Electronics America Inc. announced on Thursday (Jan. 12) that Samsung will be the first consumer electronics manufacturer to commercially introduce the Verizon FiOS TV App to its line of Smart TVs and Smart Blu-ray Players in 2012. 

The app will allow Verizon FiOS TV subscribers to instantly access 26 live TV channels, including HD channels, directly through the subscribers' connected Samsung Smart TV or Smart Blu-ray Player.  No additional hardware is required.  Users will also have access to more than 10,000 video-on-demand titles available through Verizon Flex View - the company's anytime, anywhere on-demand entertainment service for TVs, PCs, tablets and smartphones.

"Our companies are squarely focused on two objectives: adding tangible value and excitement to our customers' entertainment experience," said Eric Anderson, vice president of content and product solutions, Samsung Electronics America.  "By combining our respective capabilities and technologies, we are advancing our goals to transform entertainment throughout the home."

Eric Bruno, vice president of consumer product management for Verizon, said: "This collaboration with Samsung is the latest example of Verizon's commitment to creating innovative solutions to simplify and enrich our customers' everyday lives.  Working with industry leaders like Samsung, we are putting the power of technology in our customers' hands to enable the borderless lifestyle - to make everything our customers want or need to do simpler, easier and more convenient."

About Samsung Electronics America Inc. 
Headquartered in Ridgefield Park, N.J., Samsung Electronics America Inc. (SEA), a wholly owned subsidiary of Samsung Electronics Co. Ltd., markets a broad range of award-winning, digital consumer electronics and home appliance products, including HDTVs, home theater systems, MP3 players, digital imaging products, refrigerators and washing machines.  A recognized innovation leader in consumer electronics design and technology, Samsung is the HDTV market leader in the U.S.  Please visit http://www.samsung.com 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 more than 107 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 $106.6 billion in 2010 revenues, Verizon employs a diverse workforce of more than 195,000.  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.

SOURCE  Verizon

Verizon

CONTACT: CONTACT: Deidre Hart, +1-732-407-1062, deidre.m.hart@verizon.com; or Kate Scarpa, +1-212-445-8094, kscarpa@webershandwick.com

Web Site: http://www.verizon.com

Livio Car Internet Radio App Now Available for Pioneer AppRadio(TM)

Livio Radio Turns up the Volume on Automotive Integrations for 2012

LAS VEGAS, Jan. 12, 2012 /PRNewswire/ -- Livio Radio today announces the Livio Car Internet Radio app is now available for in-dash streaming via the AppRadio(TM) car stereo from Pioneer Electronics (USA) Inc., which was announced Monday at the 2012 International Consumer Electronics Show.

Pioneer's revolutionary AppRadio is the first in-vehicle product designed to utilize the processing power, storage capacity, network connectivity and apps of the iPhone 4 and 4S as the primary source, allowing users to control compatible apps from the convenience of its multi-touch, capacitive touchscreen display.

"We're all about getting apps into cars with more music and less work," said Livio Radio founder and CEO, Jake Sigal. "Getting the Livio Car Internet Radio App in Pioneer's AppRadio(TM) is a great example of that and we're proud to show it off at CES."

Demonstrations of the Livio Car Internet Radio App on the Pioneer AppRadio are being held in the North Hall of the 2012 Consumer Electronics Show at the Livio Radio booth #2806 and the Pioneer booth #1101.

About Livio Radio
Founded in 2008, metro-Detroit-based Livio Radio has already developed a list of successful Internet radio products through ongoing relationships with major broadcasters. The company remains committed to connecting apps to cars in an easy, scalable and safe way for both and offering more music and less work to end-consumers and business partners. More information is available at http://www.livioradio.com

SOURCE  Livio Radio

Livio Radio

CONTACT: CONTACT: Nicole Yelland, nicole@livioradio.com, Office: +1-248-591-0333 x 890

Web Site: http://www.livioradio.com

LexJet Expands Avenues for Government Agencies to Procure Inkjet Plotter Products

With the addition of SEWP and GSA Schedule 70 Government Wide Acquisition Contracts (GWACs), government agencies get easier access to LexJet's industry-leading inkjet solutions.

SARASOTA, Fla., Jan. 12, 2012 /PRNewswire/ -- Public sector agencies and government authorized contractors that use wide format inkjet plotters, supplies and media can now access LexJet products through GSA Schedule 70 and Solutions for Enterprise-Wide Procurement (SEWP) Government Wide Acquisition Contracts (GWACs).

LexJet, a small business based in Sarasota, Fla., can be accessed directly through GSA Schedule 70 contract number GS-35F-0129Y. LexJet can also be accessed on GSA Schedule 70 through Triad Technology Partners, a woman-owned small business, at contract number GS-35F-0298W.

For users of SEWP, LexJet supplies and consumables are available on Four Point Technology's SEWP IV Contract NNG07DA16B. Four Points Technology is a Service-Disabled Veteran Owned Small Business (SDVOSB).

"First and foremost, I couldn't be happier with LexJet's customer service. Our account specialist, Patrick Callaway, is the bomb, and if he's not available there's always someone right on the spot to help us out," says Mark Watkins, Graphic Lead at Rohmann Services Inc., a contractor at the U.S. Air Force Academy in Colorado Springs. "LexJet goes above and beyond, researching products, printers and inks, even if they're not related to what we're going to order from LexJet; it's like having our own technical expert."

Public sector agencies can also procure LexJet products with GSA pricing by calling LexJet directly at 800-453-9538 or by visiting the website at http://www.lexjet.com. LexJet has been serving both private and public sector organizations since 1994 as one of the trailblazers in the wide format inkjet printing market.

LexJet carries an extensive line of wide format printers and inks from Canon, Epson and HP, as well as its own line of inkjet media developed for almost every application imaginable, including posters, signs, banners, exhibits, maps, official photo prints, wallcoverings, window graphics, backlits, laser printer applications, and more. Government agencies and contractors can also choose from a wide range of sustainable alternatives.

For more information about LexJet programs, products and services for public sector agencies, GSA Schedule 70 and SEWP GWACs, or if you just need help, email gsa@lexjet.com, go to http://www.lexjet.com/government.aspx, or call a LexJet account specialist at 800-453-9538. And, to find out what others are saying about LexJet, its customer service and products, go to http://www.resellerratings.com/store/Lexjet.

SOURCE  LexJet

LexJet

CONTACT: Regan Dickinson, 800-453-9538

Web Site: http://www.lexjet.com

MSLGROUP Launches 'The People's Lab'

Flexible Crowdsourcing Platform Helps Companies Tap Insight for Innovation, Storytelling and Change

PARIS, Jan. 12, 2012 /PRNewswire/ -- MSLGROUP, Publicis Groupe's strategic communications company, today launched a global crowdsourcing platform and approach, designed to help business leaders lead innovation and change in their industry. The People's Lab enables companies and institutions to gain a rich understanding of issues, situations and aspirations relevant to their business. 

MSLGROUP's People's Lab differs from existing crowdsourcing solutions on the market by offering an all-in-one solution: a complete and cost-effective crowdsourcing platform that can work across multiple application areas; end-to-end support including custom design and development, community management and content creation; and real-time access to MSLGROUP's own insight + foresight team.

Pascal Beucler, Chief Strategy Officer at MSLGROUP commented, "Crowdsourcing people's insights is key to innovation and change.  With innovation never higher on our clients' agendas[i] we felt the time was right to produce a cost-effective crowdsourcing solution that could be used across multiple application areas."

The People's Lab helps companies build and nurture public or private, web or mobile crowdsourcing platforms around four areas: Expertise Requests; Innovation Challenges; Research & Insights and Contest & Activation.  With public or private, web or mobile, hosted or white label modes, powerful community, game-thinking and social analytics features and full email integration, organizations can use People's Lab to create powerful multi-stakeholder crowdsourcing platforms.

Over the last 18 months, MSLGROUP has used the People's Lab platform and approach to create communities for both itself and its clients.  In 2010, Dell India used an early version of the People's Lab platform to create the Dell Go Green Challenge for design students and others to share ideas on how to redesign, reuse and recycle gadgets to make them go green. The network is also currently helping a global consumer products company identify beauty influencers in several key markets using The People's Lab and its community-driven insights and foresights approach. 

For more information about The People's Lab, please contact MSLGROUP's Chief Strategy Officer at pascal.beucler@mslgroup.com

About MSLGROUP
MSLGROUP is Publicis Groupe's strategic communications and engagement group, advisors in all aspects of communication strategy: from consumer PR to employee communications, from public affairs to reputation management and from crisis communications to event management. With more than 3,000 people, its offices span 22 countries. Adding affiliates and partners into the equation, MSLGROUP's reach increases to 4,000 employees in 83 countries. Today the largest PR network in Greater China and India, the group offers strategic planning and counsel, insight-guided thinking and big, compelling ideas - followed by thorough execution. Learn more about us at: http://www.mslgroup.com  + http://blog.mslgroup.com + Twitter + YouTube.

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

[i] According to the PwC 2011 Global CEO Survey, since 2007 business leaders have consistently reported that their best opportunity for growth lay in better penetration of existing markets. Now however they're just as likely to focus on bringing innovative products and services to both their existing and to the new, high-growth emerging markets.

Contact:
Michael Echter - michael.echter@mslgroup.com, 646-500-7914
Trudi Harris - trudi.harris@mslgroup.com +33 (0)6 13 73 83 03

SOURCE  MSLGROUP

MSLGROUP

Web Site: http://www.mslgroup.com

Sky Poker Fills Pockets for the New Year With Xmas UKOPS

LONDON, January 12, 2012/PRNewswire/ --

            The Xmas UKOPS run four events to match the success of previous autumn

                                          series

    It was a very Merry Christmas and a Happy New Year for many at Sky Poker in 2011.

    From the 27th to the 30th December, Sky Poker held the second edition of the UK Online
Poker Series: The Xmas UKOPS.

    The UKOPS for Christmas were initiated largely by the huge success of their previous
series from the autumn, which was met with positive and enthusiastic feedback, and a
collection of lucrative wins.

    The Christmas series ran four events, with GBP100,000 in guarantees. There was also an
additional GBP72,000 in side events, running alongside the tournaments. This hefty sum of
GBP172,000 was an impressive feat of the competition and an attractive incentive for
players.

    Satellites were present at each of the UKOPS events, so online poker
[http://www.skypoker.com/poker/sky_lobby ] players parting with the smallest sum could
partake in playing for the bigger prizes. Run consecutively from 9pm, the semi-buy in was
GBP24, but the satellites meant players could join from as little as a modest GBP2.70.
With qualification costs at a few pound coins, this series was designed to include a wide
spread of players.

    The results handed out some fruitful cash wins. Event 1, No Limit Hold'em on the 27th
December, kicked off at 8pm and the winner, offshoot won a sizeable GBP5,274. In second
place was Geldy, who took away GBP3,328, while tyger, in third was awarded GBP2,332. There
was GBP10,000 to win on the Double Stack, 8000 chips to 12 minutes blinds. The winner,
NIHIGHGUN won GBP4,779, RUNFLAMING won GBP2,778.90 and Mariusz80, who came third, met the
New Year with GBP1,947, making it an SPT champion and final tablist in the top three.

    It was the Main Event however, which attracted a buzz of energetic play. There was a
lot to play for, with a pool of GBP50,000 at stake. The winner, TommyD took home
GBP14,796, Second-placed rosiedog00 GBP8,494 and runner up in third, Boonicon GBP5,754. It
was an extremely healthy start to the New Year for the winning players, proving once again
that you truly do have to be in it to win it!

    For more information on the Xmas UK Online Poker Series, please visit
skypoker.com/ukops

    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).

   
    Helen Jacob
    Sky Bet PR Manager
    T: +44(0)113-3895941
    E: Helen.Jacob@bskyb.com
    Sky Betting & Gaming, 3rd Floor, West Cross House, 2 West Cross Way, Brentford, TW8 9DE

Source: Sky Poker

Forum Mobile and MTS Enter Strategic Partnership

Forum Mobile's MVNE Offering to Embed MTS Solution

RA'ANANA, Israel, January 12, 2012/PRNewswire-FirstCall/ --

    MTS - Mer Telemanagement Solutions Ltd. (Nasdaq: MTSL), a global provider of business
support systems (BSS) for comprehensive telecommunication management, telecommunications
expense management (TEM) solutions and customer care & billing (CC&B) solutions and
Quantum Telecom Inc. d/b/a Forum Mobile (Nasdaq: QTMI) a global MVNE (Mobile Virtual
Network Enabler), announced today entering into a strategic partnership with the inclusion
of the MTS MVNO (Mobile Virtual Network Operator) solution as part of the Forum Mobile
MVNE solution for MNOs (Mobile Network Operators)and MVNOs.

    Forum Mobile's end-to-end MVNE solution, now to be powered by MTS, provides MNOs and
MVNOs with the ability to easily and rapidly acquire virtual network capabilities, without
needing to change their primary business focus. MNOs and MVNOs also gain flexible service
options and cross-border market presence while retaining independent business control.
MVNO's using the Forum Mobile solution gain a highly customizable, turn-key solution to
control pricing and product offerings that enable carriers to achieve significant savings
while creating a truly global mobile experience for the end user.

    "The Forum Mobile solution was designed specifically as a turn-key, outsourced
solution for mobile carriers, and MTS provides the perfect back office platform," said
Benny Yehezkel, Executive Vice President of Forum Mobile. "By partnering with a proven
industry leader like MTS, we are able to offer our customers an effortless, cost effective
solution that removes the complexities of back office operations and allows them to
concentrate on revenue generating activities such as sales and marketing."

    The MTS solution connects MVNOs and MVNEs to provide a complete solution for all
virtual network operations by providing a full end-to end, carrier grade customer care &
billing platform that supports multiple operators on a single platform. The MTS MVNO
solution offers operators a quick time to market, flexible personalization, and seamless
integration into their existing operations. The solution supports various lines of
business and services including wireless, wireline, VoIP, IPTV, gaming, content, and more.

    According to Eytan Bar, CEO of MTS, "Forum Mobile services customers of all sizes and
geographies that are looking to gain a competitive advantage by outsourcing their MVNO
operations while still maintaining a unique brand and product offering. These are the
exact advantages the MTS solution offers. We are excited about this partnership and the
opportunity it brings to bothcompanies."

    About MTS

    Mer Telemanagement Solutions Ltd. (MTS) is a worldwide provider of innovative
solutions for comprehensive telecommunications expense management (TEM) used by
enterprises, and for business support systems (BSS) used by information and
telecommunication service providers.

    Since 1984, MTS TEM solutions have been used by many enterprises and organizations to
ensure that their telecommunication services are acquired, provisioned, and invoiced
correctly.

    MTS's solutions for Information and Telecommunication Service Providers are used
worldwide by wireless and wireline service providers for interconnect billing, partner
revenue management and for charging and invoicing their customers. MTS has pre-configured
solutions to support emerging carriers of focused solutions (e.g. IPTV, VoIP, WiMAX, MVNO)
to rapidly install a full-featured and scalable solution.

    Headquartered in Israel, MTS markets its solutions through wholly owned subsidiaries
in the United States, Hong Kong and The Netherlands as well as through OEM partnerships
with Siemens, Phillips, NEC and other vendors. MTS shares are traded on the NASDAQ Capital
Market (symbol MTSL). For more information please visit the MTS web site:
http://www.mtsint.com.

    About Forum Mobile

    Quantum Telecom, Inc. d/b/a Forum Mobile is a global Mobile Virtual Network Enabler
(MVNE) with international presence in the USA, China, and UK. Forum Mobile provides MVNOs
with a turn-key solution portfolio and service needed for their operations, market
position and business expansion - starting with infrastructure and IT through MNO
agreements, applications and handsets.Forum Mobile shares are traded on the NASDAQ (symbol
QTMI). For more information please visit QTMI web site: (http://www.forum-mobile.com)

    Certain matters discussed in this news release are forward-looking statements that
involve a number of risks and uncertainties including, but not limited to, risks in
product development plans and schedules, rapid technological change, changes and delays in
product approval and introduction, customer acceptance of new products, the impact of
competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary
rights of the Company and its competitors, risk of operations in Israel, government
regulations, dependence on third parties to manufacture products, general economic
conditions and other risk factors detailed in the Company's filings with the United States
Securities and Exchange Commission.

   
    MTS Company Contact:

    John Venditti
    Vice President, Marketing
    Tel: +1-(800) 745-8725
    john.venditti@mtsint.com

    Forum Mobile Company Contact:

    Ms. Yael Greenberg
    Tel: +1-212-888-9350
    yael@forum-group.com

                                             ###

Source: MTS-MER Telemanagement Solutions Ltd

Monster Underscores Entry in Fashion Category Through Its Partnership with Diesel: Debuting "VEKTR"

"If your eyes could hear, this is what music would look like"

-- A Partnership to Blend Fashion and Sound; Striking New Styling from Diesel Matches Monster's Leading-Edge Audio Advancements; On-Ear and In-Ear Versions --

LAS VEGAS, Jan. 12, 2012 /PRNewswire/ -- Diesel, the iconic lifestyle company and Monster, the world's leading manufacturer of high-performance headphones, have formed a partnership under the newly established Diesel Noise Division, this collaboration was established to create trend setting products that fuse Monster's ahead-of-the curve audio expertise and passion for great sound with Diesel's fresh, iconoclastic approach to design..The first of these products, VEKTR(TM), a trendsetting personal listening solution that dramatically breaks conventional headphone style and performance is poised to launch this quarter and will be distributed in retail outlets worldwide for a suggested retail price of $249.95. 

Enhanced Sound, With a New Level of Style and Self-Expression

VEKTR on-ear headphones provide users with a comfortable, premium-quality listening solution that expertly blends the worlds of fashion and great sound. In addition to their dramatically enhanced audio performance, they offer a strikingly different cosmetic, with a sharp faceted look that's completely different from traditional round on-ear headphones. Featuring a distinctive diamond-cut Diesel logo on each plush ear cup, VEKTR headphones provide a unique sound experience: the combination of enhanced audio performance and unique visual design engages the senses and adds a new level of self-expression to the music listening experience.

VEKTR's design reflects Diesel's obsession for innovation and attention to detail. Stylistic details include a silkscreen Mohican head on both ear cups, combined with touches of contrasting black, grey and brushed aluminum, as well as different finishes (shiny, matte and rubberized paint). As an exclusive design element, even the cable features a special triangular section that prevents tangling. VEKTR headphones come with a distinctive VEKTR touring case in black canvas.   

Head Monster Noel Lee noted: "As a company dedicated to better-sounding music, Monster creates products that elevate the music listening experience. Of course, in addition to powerful and accurate audio reproduction, style and design are key aspects of the listening experience. That's why we are so thrilled to team up with such an iconic and visionary company as Diesel for the launch of VEKTR."

President and Founder of Diesel, Renzo Rosso said: "Diesel Noise Division will change the way you listen to music and even your perception of sound itself. We wanted music not only to be heard but also to be felt and tasted, to make a positive assault on senses. To reach this goal it was fundamental to partner with a company that shares our desire for innovation: Monster does it!" 

Stylish, Compact In-Ear VEKTR Headphones Also Available

For fashion-conscious music lovers who prefer a smaller and more compact listening solution that still provides a dramatically enhanced listening experience, Monster and Diesel also offer the new VEKTR in-ear headphones (SRP:$149.95). The stylish in-ear headphones feature a jet black appearance with a single bold yellow accent and a prominent Diesel logo on each earpiece.   

ABOUT MONSTER

Monster is the world's leading manufacturer of premium headphones and advanced connectivity solutions for high-performance home entertainment, audio, home theater, computer and gaming, as well as a leading innovator in the field of mobile accessories and professional audio.  The company was founded by Head Monster  Noel Lee more than 30 years ago with a commitment to creating products that literally "make music sound better" and it has continued to expand and diversify ever since.  Under its Monster Cable® brand, the company leads the way in advanced audio, video, and data connectivity solutions, and under the Monster Power® brand, it provides high-performance AC power line conditioning and protection products for audio/video systems. Monster continues to lead in innovation with over 350 U.S. and international patents and 100 pending, offering more than 6,000 products in over 120 countries worldwide.

Explore the world of Monster at http://www.monsterproducts.com.

For hi-res images go to: http://www.dba-pr.com/monster_ces_2012.htm OR http://www.monstercable.com/events.ces2012.

iPad, iPhone, iPod, iPod classic, iPod nano, iPod shuffle, and iPod touch( )are trademarks of Apple Inc., registered in the U.S. and other countries.

ABOUT DIESEL 

Diesel is a fashion industry legend. A pioneer in the world of denim and casual wear, it has always remained both outside and ahead of trends. Never forsaking its original DNA, it has evolved into an iconic global lifestyle brand. Despite Diesel's extraordinary growth, its philosophy is the same as when Renzo Rosso created it in 1978. He envisaged a brand that would stand for passion, individuality and self-expression. Today, Diesel continues to blaze its own trail. It is on a continuing mission to challenge the status quo, experiment with new ideas, innovate and provoke. http://www.diesel.com

SOURCE  Monster Cable Products, Inc

Monster Cable Products, Inc

CONTACT: Kate Licht, DBA Public Relations, +1-212-388-1400 klicht@dba-pr.com; or Diesel HQ Press Office, +0424-477555

Web Site: http://www.monsterproducts.com

Gryphon Technologies Wins $101.2 Million Contract for SBX-1 Mission Integration Support for NSWC Crane Code GXR

GREENBELT, Md., Jan. 12, 2012 /PRNewswire/ -- Gryphon Technologies, LC was awarded a competitive-bid $101.2 million contract by the Naval Surface Warfare Center (NSWC) Crane, for research and development, engineering, analysis, configuration management, information technology management, supply programmatic, functional and administrative tasking in support of operation and sustainment of the Sea-Based X-Band (SBX-1). Gryphon Technologies will provide overall coordination of the radar, platform, and mission integration activities to include:  Operation and Sustainment (O&S) of the Non-BMDS Electronic Systems including SBX-1 Non-Mission Communications Systems (NMC) systems; Integrated  Electronic Security Systems (IESS); and Direct-to-Sailor Entertainment System.

"We are very excited about this win. The SBX is strategically important to the Nation. This is a big vote of confidence and a credit to our technical ability," said P.J. Braden, founder and CEO of Gryphon Technologies.  Gryphon's SBX Program Manager, Jim Wesseling, also commented that "We welcome the opportunity to support NSWC in the operation and sustainment of this critical operational asset of the Ballistic Missile Defense System (BMDS)."

The Gryphon Team includes General Dynamics IT, Teledyne Brown Engineering, Applied Technical Systems, The GBS Group, KAYA Associates, The Parker Group, and Stimulus Engineering.

Gryphon Technologies, LC is a premier engineering and technical services firm supporting national security and coalition forces. The company has been named one of the Greatest Places to Work. Gryphon is a CMMI Level 3 rated company.

http://www.GryphonLC.com

Media Contact:
C.J. Davis
Gryphon Technologies, L.C.
240-387-1000 Ext 220
CDavis@GryphonLC.com

SOURCE  Gryphon Technologies, LC

Gryphon Technologies, LC

Web Site: http://www.GryphonLC.com

Hammacher Schlemmer Introduces The Virtual Keyboard.

NEW YORK, Jan. 12, 2012 /PRNewswire/ -- Continuing its 164-year history of offering the Best, the Only and the Unexpected, Hammacher Schlemmer introduces The Virtual Keyboard, a laser-generated keyboard that controls an iPad, iPhone, or Android-driven phone.

The device's Class II laser projects a 9 3/4" x 4" keyboard with 3/4" keys onto any flat, opaque surface. Its optical sensor recognizes keystrokes in three dimensions and detects finger placement so that it distinguishes between a finger hovering over or pressing a "key."

An invisible infrared horizontal plane projected millimeters above the surface detects actual contact with the key. When a finger breaks the plane, the projector assigns a keyboard character and transmits it to a paired device.

"The Virtual Keyboard transmits 100% accurate keystrokes to a smartphone or iPad while eliminating the hassle of typing on a mobile device's small touchscreen," explained Hammacher Schlemmer's General Manager Fred Berns.

The Virtual Keyboard connects to devices via Bluetooth and keeps pace with typing speeds up to 400 characters per minute. The unit's rechargeable battery provides up to 2 1/2-hours of typing after a 1 1/2-hour charge and its 3"-tall projector stores unobtrusively inside a pocket or briefcase, eliminating the need to travel with bulky, physical keyboards

The Virtual Keyboard is available from Hammacher Schlemmer for $199.95. For more information about this product, please visit http://www.hammacher.com/81759 or contact Trish Hammond at (847) 581-8987 or via e-mail at pr@hammacher.com.

About Hammacher Schlemmer

Hammacher Schlemmer is America's longest running catalog, offering the Best, the Only and the Unexpected since 1848. The company provides unique products that solve problems or represent the only one of their kind, backing all products with The Hammacher Schlemmer Lifetime Guarantee. Hammacher Schlemmer's innovative offerings are available through its catalog, website, and its famed landmark store on East 57th Street in New York City.

SOURCE  Hammacher Schlemmer

Hammacher Schlemmer

Web Site: http://www.hammacher.com

TI introduces industry's first single-cell, dual-input Li-Ion battery charger family for tablets, e-readers and smartphones

Flexible ICs support expanding current charge requirements for longer operation

DALLAS, Jan. 12, 2012 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NASDAQ: TXN) today introduced a battery charger integrated circuit to support higher cell capacity batteries and increasing battery charge currents of tablets, e-readers and smartphones. The highly integrated single-cell Li-Ion battery charger has dual inputs, which allow operation from either a USB port or higher power input supply (AC adapter or wireless power input). The two inputs are fully independent from each other and are easily configurable using the I2C interface or stand-alone interface. For more information or to order the bq2416x, visit http://www.ti.com/bq2416x-pr.

Key features and benefits

    --  Integrated FETs support charge rates up to 2.5 A (10.5 W) from IN input,
        and 1.5 A from USB input.
    --  Dual source inputs, AC adapter and USB 2.0/3.0 compatibility provide
        flexibility in design and applications.
    --  D+/D- auto adapter for USB input ease system design and reduce external
        components.
    --  20-V input with 10.5-V over voltage protection supports low-cost
        unregulated adapters and poor USB sources.
    --  Integrated power path allows system startup from deeply discharged or no
        battery power operating conditions.
    --  BC1.2 compliance, JEITA charging support and thermal regulation
        protection help to provide safe and accurate battery operation.

Tools and support

TI offers a variety of tools and support to speed the implementation of the bq2416x family of devices:

    --  bq24160EVM-721 evaluation module: http://www.ti.com/bq24160EVM-pr.
    --  bq24160EVM-742 evaluation module: http://www.ti.com/bq241742EVM-pr.
    --  bq2416x EVM user's guide: http://www.ti.com/bq2416xEVMUG.
    --  bq2416x EVM software: http://www.ti.com/bq24160sw-pr.
Compatible TI devices

TI offers a number of compatible devices to work with or complement the bq2416x family, below are just a few. For a complete listing visit TI's tablet system block diagram at: http://www.ti.com/tabletSBD-pr.

    --  Single cell gas gauges: http://www.ti.com/1sgauge-pr.
    --  Power management units: http://www.ti.com/pmunit-pr.
    --  Backlighting solutions: http://www.ti.com/LP8552-pr.
    --  Flash LED drivers: http://www.ti.com/LM3559-pr.
Availability and pricing

The bq2416x battery chargers are available now in a 49-pin WCSP package; suggested resale pricing starts at $3.00 in quantities of 1,000.

Find out more about the bq2416x battery charger family at CES 2012:

    --  Visit TI Power at the Las Vegas Convention Center Meeting Place # N226.
    --  Follow us on http://twitter.com/TXInstruments,
        http://www.facebook.com/TexasInstruments, and http://e2e.ti.com.
    --  Read the Power House Blog for daily show updates, videos and photos at:
        http://www.ti.com/powerhouse-pr.
Find out more about TI's battery management and tablet portfolio by visiting the links below:

    --  Download TI's Battery Management Solutions Guide:
        http://www.ti.com/BMSguide-pr.
    --  Download TI's 2012 Tablet Solutions Guide: http://www.ti.com/tabletguide-pr.
    --  Visit TI's Power Lab reference design library: http://www.ti.com/powerlab-pr.
About Texas Instruments

Texas Instruments (NASDAQ: TXN) helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through manufacturing, design and sales operations in more than 30 countries. For more information, go to http://www.ti.com.

Trademarks

TI E2E is a trademark of Texas Instruments. All registered trademarks and other trademarks belong to their respective owners.

SOURCE  Texas Instruments Incorporated

Photo:http://photos.prnewswire.com/prnh/20010105/NEF016LOGO
http://photoarchive.ap.org/
Photo:http://photos.prnewswire.com/prnh/20120109/DA32692
http://photoarchive.ap.org/
Texas Instruments Incorporated

CONTACT: Amy Louthan, Texas Instruments, +1-214-567-7406, a-louthan@ti.com, or Mary C. Dunnie, GolinHarris, +1-972-341-2576, mdunnie@golinharris.com. Please do not publish these numbers or e-mail addresses.

Web Site: http://www.ti.com

Black Castle Updates on bizM3 Acquisition

FRESNO, Calif, Jan. 12, 2012 /PRNewswire/ -- Black Castle Developments Holdings, Inc. (Pink Sheets: BCDH) ("BCDH"), a holding company targeting the acquisition of undervalued, niche companies, announced today that the acquisition of bizM3 is currently on schedule and is expected to close shortly.  Currently representatives of bizM3 are at the Consumer Electronics Association (CEA) 2012 International CES Convention in Las Vegas, NV.

The Consumer Electronics Association (CEA) is the owner and producer of the International CES. CEA is the preeminent trade association promoting growth in the $186 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development and the fostering of business and strategic relationships.

Michael Teague, CEO of bizM3 states, "Participating in this convention is a vital part of our research, marketing and technology advancements.  This is the most important convention a technology company can participate in.  Upon returning and consummating our deal with BCDH, this transaction will combine two pioneering organizations into a single company with an essential technology, financial resources and expertise to uniquely meet the rapidly evolving needs of companies around the world.

"This merger makes tremendous sense for our clients, shareholders and employees. It marks an unparalleled opportunity for two successful, mission- driven organizations to unify with a singular focus on being the premier partner and platform for mobile marketing on a global basis," said Jeff Holroyd, BCDH's President and Chief Executive Officer. "Together with efforts, we have one of those rare and special opportunities to truly improve mobile marketing on a global scale."

About bizM3
bizM3 is a leading mobile marketing technology company that provides solutions and tools for businesses to enhance their advertising campaigns and deployment strategies. bizM3's digital signage technology is FCC-compliant and is being rolled out to existing television sets in high traffic restaurants, sports bars, hotels and other hospitality locations. bizM3's patented, back-end content management system allows multi-channel marketing campaigns to be planned and launched in minutes. Businesses can deliver timely alerts containing mobile coupons, special offers, rewards, text-2-win announcements or links to mobile websites to engage, entice and retain consumers. BizM3 gathers the market intelligence, consumer buying profiles and analytics needed to make each campaign successful and generate the highest ROI for its customers. For more information, visit http://www.bizM3.com

About Black Castle Developments Holdings, Inc.
Black Castle Developments Holdings, Inc. ("BCDH") is a holding company focused on the merger and acquisition of undervalued, revenue-generating companies that operate in high-growth niche markets. BCDH plans to leverage its management resources and status as a public entity to assist acquired companies to achieve and/or grow their profitability. For more information, visit http://www.blackcastledevelopments.com.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact:
Black Castle Developments Holdings, Inc.
559-435-2300
info@blackcastledevelopments.com
http://www.BlackCastleDevelopments.com
Find Us on Facebook.

SOURCE  Black Castle Developments Holdings, Inc.

Black Castle Developments Holdings, Inc.

Web Site: http://www.cesweb.org

Application Period for New Internet Names Opens; IT Consulting Firm JAS Global Advisors Selected by ICANN as Evaluator

JAS, Ernst & Young, KPMG tabbed with reviewing applicants for historic expansion of Internet-naming system

CHICAGO, Jan. 12, 2012 /PRNewswire/ -- JAS Global Advisors, an information technology and security consulting firm, has been selected by the Internet Corporation for Assigned Names and Numbers (ICANN) to review applications for the new generic top-level domain (gTLD) program. As a part of ICANN's evaluation process, JAS Global Advisors will be responsible for ensuring that organizations seeking to register new top-level domains meet ICANN's stringent technical, operational and financial guidelines.

ICANN will start taking applications from organizations around the globe on Thursday at 12:01 a.m. Greenwich Mean Time.

"We are honored to have been chosen by ICANN to perform this critical function," said Jeff Schmidt, founder and CEO of JAS Global Advisors. "This program will go down as one of the biggest changes in the history of the Internet and we're incredibly proud to play a part. Vetting each applicant's preparedness is vital, as top-level domains are part of the critical infrastructure that all Internet users depend on every day."

ICANN's new gTLD program will allow organizations to apply for the right to manage their choice of custom top-level domains, resulting in an increase from the 22 generic domains such a .com and .org currently in use. A "top-level domain" is the part of a domain name to the right to the last "dot."

A wide range of applications from around the world is expected. Fortune 500 organizations have announced their intention to apply for dotBrand top-level domains. Global financial institutions have announced their intention to apply for dotBank. And there are a number of geographically-oriented applicants seeking dotCity top-level domains.

The program will also allow non-Western characters to be included in generic top-level domain names for the first time.

JAS Global Advisors, joined by fellow evaluator firms E&Y and KPMG, will ensure that applicants meet ICANN's stringent technical, operational and financial criteria -- just one component of ICANN's rigorous evaluation process. Once applicants are approved, they will then be responsible for marketing, selling and maintaining their chosen top-level domain. The selection of multiple evaluator firms ensures the integrity of the program in the event of a conflict of interest. It will also allow the program to scale to meet demand for new top-level domains.

"We are excited to have JAS Global Advisors bring its decade of experience in due diligence, Internet security and global IT operations to the program," said Michael Salazar, director of the new gTLD program at ICANN. "I am extremely proud of the selections we have made. All of the organizations chosen are highly qualified, global, and are respected experts in the areas for which they have been selected."

For more information on ICANN, the gTLD program and the evaluator firms, please visit ICANN's blog.For more information on JAS Global Advisors, please visit https://www.JASadvisors.com.   

About JAS Global Advisors

Founded in 2003, JAS Global Advisors helps commercial and government clients identify, assess and manage one of the most critical challenges businesses face today: technology and information risk. With a global network of professionals, JAS delivers multidisciplinary expertise and highly customized solutions. JAS is large enough to provide for multinational corporations, yet small enough to devote exceptional expertise to each and every engagement.

About ICANN

ICANN's mission is to ensure a stable, secure and unified global Internet. ICANN was formed in 1998 as a not-for-profit public-benefit corporation with participants from all over the world dedicated to keeping the Internet secure, stable and interoperable. It promotes competition and develops policy on the Internet's unique identifiers. For more information please visit: http://www.icann.org

Press contact: Will Kruisbrink; will.kruisbrink@walkersands.com; 312-651-4024

SOURCE  JAS Global Advisors

JAS Global Advisors

Web Site: https://www.JASadvisors.com

Hult International Business School Completes Deployment of iPads to Five Campuses in Three Continents

BOSTON, Jan. 12, 2012 /PRNewswire-Asia/ -- Hult International Business School completed a global roll out of Apple iPads with customized software to over 1,600 MBA, Executive MBA, Master students and faculty, spanning five campuses in three continents.

Hult's innovative approach will transform the postgraduate experience, allowing students and faculty to use the iPad as a central learning device. Every incoming graduate student at Hult received an iPad on campus in the fall of 2011. Customized training sessions were created for students and faculty at Hult's 5 campus locations in Boston, San Francisco, London, Dubai and Shanghai. Students were trained on Pages, Numbers and Keynote apps, and the use of the iPad to enhance learning and productivity in the classroom.

In Q1 of 2012, the school will be rolling out a series of premium apps to its Hult network. This will feature Hult's custom designed iHult app, digitizing the student experience. It will include features like campus news, a professor directory, campus maps and student events. The Hult Reader app will give students easy access and reference to course reading materials, cutting down paper consumption. Digital textbooks, from leading companies such as Inkling, are already being used on Hult's campuses and have seen widespread adoption among faculty and students.

"From day one, we recognized the iPad's potential to transform the education experience. With our deployment, we are committed to providing our students and professors the latest productivity tools and training," said Dr. Stephen Hodges, President of Hult International Business School.

About Hult International Business School

Hult is the world's most international business school with campuses in Boston, San Francisco, London, Dubai, and Shanghai. The School offers a range of business-focused programs including MBA, Executive MBA, Master and Undergraduate degrees. Hult's one-year MBA program is ranked in the top 30 in the world by The Economist and among the top 100 by the Financial Times.  http://www.hult.edu.

SOURCE  Hult International Business School

Hult International Business School

CONTACT: At Hult International Business School, Carolin Bachmann, +44 (798) 534-0179, carolin.bachmann@hult.edu

Web Site: http://www.hult.edu

New YP(SM) Developer Program Gives Web and App Developers Access to Millions of Business Listings and Other Local Content

YP(SM) Developer Challenge invites developers to show off their coding skills for a chance to win $5,000 and trip to SXSW

New YP(SM) Developer Program Gives Web and App Developers Access to Millions of Business Listings and Other Local Content

YP(SM) Developer Challenge invites developers to show off their coding skills for a chance to win $5,000 and trip to SXSW

GLENDALE, Calif., Jan. 9, 2012 /PRNewswire/ -- AT&T Interactive's new YP(SM)( )Developer Program offers app and web developers free access to its leading local search and advertising platform to build their own apps and services.  To kick off the new program, AT&T Interactive is inviting developers across the country to participate in the YP(SM)( )Developer Challenge, a contest that allows developers to submit innovative local apps using YP(SM)( )APIs, for a chance to win $5,000 and a sponsored trip to the SXSW Trade Show (March 12-15) in Austin, Texas.

"For developers who want to increase user engagement and provide greater value to their app or web presence, we are giving them direct access to the content that has made AT&T Interactive a leader in local for years," said Mike Fordyce, SVP of Business Development for AT&T Interactive. "We recognize the important role developers are playing in connecting consumers with local businesses both online and on mobile devices in new and innovative ways.  With the YP(SM)( )Developer Program, we hope to help inspire the creativity, innovation and entrepreneurial energy of the developer community and assist them in building apps that better connect consumers with local businesses."

The YP(SM)( )Developer Program provides developers free access to local business data from more than 17 million local businesses across more than 4,600 categories nationwide and provides developers access to maps, ratings, reviews, deals and coupons through the YP(SM) APIs.  The open platform is available to developers who want to power their local apps or services with local business content. It also offers a robust set of APIs that help connect local businesses with consumers by potentially extending the reach of advertisers beyond AT&T Interactive's owned and operated YP(SM) branded properties, as well as the premier YP(SM) Local Ad Network spanning web, IPTV and mobile.

The YP(SM)( )Developer Challenge is open to all developers from January 26 through February 19, and winners will be announced on February 28.  As a part of the challenge, developers are invited to submit innovative local apps that use YP(SM)( )APIs for a chance to win $5,000 in cash, airfare, hotel accommodations to the 2012 SXSW Trade Show held annually in Austin, Texas. The winning team will share booth space with the YP(SM)( )Developer team at the event to demo their YP(SM)( )Developer Challenge app or website.

For more information about the rollout of the new YP(SM)( )Developer Program and for a copy of the rules for YP(SM)( )Developer Challenge, please visit the YP(SM)( )Developer portal at http://developer.yp.com, which enables immediate access to APIs, documentation, and a support forum.

About AT&T Interactive

AT&T Interactive, a subsidiary of AT&T Inc., is an industry leader in creating local search products that encourage consumers to discover and engage with local businesses across three screens - online, mobile, and IPTV. YP.com, AT&T Interactive's flagship web property, attracts over 30 million monthly online unique visitors [i]. YP.com is also accessed by millions of users each month via the mobile web. AT&T Interactive consumer apps have a pre-activation presence or have been downloaded through digital app stores on over 40 million mobile phones [ii]. AT&T Interactive local search also offers people search through their YP.com and AnyWho.com properties which, through a third party provider, feature both reverse phone lookup and white pages search.

The YP Local Ad Network helps advertisers grow their business and distributes ads to a distinguished list of top publishers whose presence spans online, mobile and IPTV. AT&T Interactive's wide range of local ad products such as premium listings, performance-based advertising, and search engine marketing provides advertisers an opportunity to increase their presence among consumers who are looking for a local business.

AT&T Interactive products are supported by a sales force of more than 5,000 from AT&T Advertising Solutions and other resellers. To learn more visit http://www.adsolutions.att.com.

Keep tabs on YP products by liking YP on Facebook: http://www.facebook.com/YP or following @YP on Twitter.

[i] Source: AT&T Interactive internal data, 2011 YTD average through December

[ii] Source: AT&T Mobility and AT&T Interactive internal data

About AT&T

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

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

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

SOURCE  AT&T Inc.

AT&T Inc.

CONTACT: Dawn Benton, +1-404-986-1824, Dawn.benton@att.com

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

SportsPilot Lands 'Free+' Group Messaging Through RainedOut Partnership

Integration brings free group text messaging and more to SportsPilot customers

LEESBURG, Va., Jan. 12, 2012 /PRNewswire/ -- RainedOut(TM), the leading provider of free event and group communication services, announced today that SportsPilot has partnered with them to integrate their FREE+ group messaging directly into SportsPilot's league management service. The integration will provide SportsPilot's clients the ability to instantly communicate time-sensitive information to all of their members via SMS text messaging, email and social media. The FREE+ aspect of RainedOut will allow SportsPilot, and all of their clients, to use the system as a fundraising tool. The more messages each league sends, the more potential to raise money from local sponsorships.

(Photo: http://photos.prnewswire.com/prnh/20120112/PH34716)

"SportsPilot is pleased to be partnering with RainedOut in order to integrate their text messaging capability into our league management service," said Wes Hoffman, vice president of SportsPilot. "This will provide a much needed and convenient way for players, coaches, officials, and parents to stay informed about important league updates and scheduling changes. Many of our customers have been requesting this feature and RainedOut's technology was an obvious choice as we continue to improve our league registration, scheduling, and communication technology."

"Communication among large groups of people can be challenging, especially for volunteer-based sports organizations," said Bryan Crum, vice president of marketing for RainedOut. "Our solution quickly gives SportsPilot additional functionality without putting a strain on their cash flow or development resources. We look forward to this partnership with a leader in league management services and to further distribute our award-winning group communication service to empower America's amateur sports community."

About SportsPilot
SportsPilot, Inc. is an information services provider specializing in amateur sports information systems and currently serves over 400 sports organizations nationally, processing over 500,000 player and team registration transactions annually. SportsPilot also provides online registration services, league management software, and tournament scheduling to the amateur sports community. More information about SportsPilot and their services can be found online at http://www.sportspilot.com or by contacting our sales representatives at 214-472-3410 or sales@sportspilot.com.

About RainedOut
Used by 1,000s of organizations, award-winning RainedOut is the leading event and group communication service. This FREE+, sponsor-supported service enables non-technical people to send instant alerts to the entire community for improved communication. It is used to cancel events, change plans, send reminders, and much more. Groups can raise money with every alert sent. As a cloud-based service, messages can initiate from any net-connected computer or from the field using a standard cell phone. With one simple interface, RainedOut instantly and simultaneously broadcasts alerts to subscribers' mobile phones (via SMS text message) and e-mail accounts, and to the organizations' own Web pages, RainedOut Page, Facebook Page, and Twitter Account. Learn more at http://www.RainedOut.com.

About Omnilert
Omnilert, LLC develops intuitive communication technologies that keep communities safe and connected. The company's flagship service is a Tier-1 unified mass notification system that enables a single person to communicate timely information to thousands of people anywhere, anytime, on any device or service. The award-winning company's 6,000 clients include the U.S. Army, Bayer, Mazda, sanofi-aventis, Arizona State University, Penn State, Marine Corps Marathon, YMCA, American Red Cross, and UNICEF. Omnilert solutions are sold under the brand names e2Campus, Amerilert, and RainedOut. The privately held company is headquartered in Leesburg, Va., and at http://www.omnilert.com online.

SOURCE  Omnilert, LLC

Photo:http://photos.prnewswire.com/prnh/20120112/PH34716
http://photoarchive.ap.org/
Omnilert, LLC

CONTACT: Bryan Crum, 800-230-1933 x703, bcrum@omnilert.com

Web Site: http://www.omnilert.com

AT&T Enhances Mobile Broadband Coverage at Colonial Williamsburg's Properties, College of William & Mary

New Distributed Antenna System Provides Additional Wireless Capacity for Customers

WILLIAMSBURG, Va., Jan. 12, 2012 /PRNewswire/ -- As part of its continuing network investment to support growing demand for advanced wireless devices and services, AT&T* today announced that it has enhanced its mobile broadband coverage in Colonial Williamsburg's Historic Area and its hotel properties as well as at The College of William & Mary, by activating service on a new Distributed Antenna System (DAS) that will serve students, faculty, staff, residents, guests of the Foundation and visitors to the Williamsburg area.

A DAS installation consists of several strategically-placed antennas that distribute AT&T's wireless network coverage, providing for more efficient management of wireless capacity in areas with heavy traffic.  A DAS has the ability to provide enhanced wireless coverage to customers in indoor or outdoor spaces where geographical limitations - terrain, building construction, etc. - or crowd density might otherwise prevent an optimal wireless experience. The additional capacity is expected to help improve call reliability and enable more consistent network access to help customers make the most of their AT&T devices.

"We want the students at William & Mary to have a great network experience whatever they're doing on campus - whether that's making a call, checking e-mail, downloading apps or surfing the Internet.  Likewise, these network enhancements will benefit the hundreds of thousands of guests and conferees from across the country who visit Colonial Williamsburg's properties each year," said Erika K. Thompson-Kemp, Vice President and General Manager for AT&T in Virginia and West Virginia. "We're committed to our investment in the local wireless network, and providing enhanced wireless coverage at William & Mary and Colonial Williamsburg is just one way that we're investing in Virginia."

AT&T is an industry leader in delivering the benefits of mobile broadband networks, devices and applications. With the nation's fastest mobile broadband network, AT&T provides accelerated mobile data speeds and simultaneous voice and data capabilities for an amazing wireless voice and data experience.

AT&T's mobile broadband network is based on the 3rd Generation Partnership Project (3GPP) family of technologies that includes GSM and UMTS, the most widely used wireless network platforms in the world. AT&T has the best international coverage of any U.S. wireless provider, providing access to voice service in more than 225 countries and data service in more than 200 countries.

AT&T also operates the nation's largest Wi-Fi network** with more than 29,000 hotspots in the U.S. and provides access to nearly 190,000 hotspots globally through roaming agreements. Most AT&T smartphone customers get access to our entire national Wi-Fi network at no additional cost, and Wi-Fi usage doesn't count against customers' monthly wireless data plans.

For more information about AT&T's mobile broadband coverage in Virginia or anywhere in the United States, consumers can visit an AT&T Coverage Viewer. 

For updates on the AT&T wireless network, please visit our AT&T network news page.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
** Largest based on company branded and operated hotspots. Access includes AT&T Wi-Fi Basic.  A Wi-Fi enabled device required. Other restrictions apply. See http://www.attwifi.com for details and locations.

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

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

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

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

SOURCE  AT&T Inc.

AT&T Inc.

CONTACT: CONTACT: Gayle Kansagor, +1-202-295-8775, gayle.kansagor@harbourgrp.com, for AT&T

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

STMicroelectronics Demonstrates Performance of Ultimate Connected Home Platform

Industry's highest performance/low power set-top box and server IC, showcased in Las Vegas, demonstrates advanced functionality for home digital life

GENEVA, Jan. 12, 2012 /PRNewswire/ -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is showcasing its latest-generation connected home platform in Las Vegas during the world's largest Consumer Electronics Show.

Codenamed Orly when first revealed to the market in September 2011, the world's most powerful connected home system on chip, now designated STiH416, is implemented in a 28 nm manufacturing process and provides the extreme performance needed for a truly amazing home entertainment experience. Combining advanced broadband and broadcast functionalities with intensive on-chip computing that includes a dual-core applications processor and a dedicated graphics engine, the STiH416 gives consumers easy access to the vast world of premium content and Internet-based entertainment, as well as personal content. The new device supports true multi-screen experiences, with real-time transcoding capability for seamless streaming to multiple equipments ranging from smartphones and tablets to large-screen televisions and delivers its outstanding performance with minimal power consumption.

ST's demonstrations in Las Vegas highlight the STiH416 supporting advanced digital entertainment experiences such as integrated broadcast and Over The Top (OTT) Internet content, multi-screen multimedia streaming, 3D gaming and TV, social videoconferencing, and home automation communicating with other home devices and sensors.

"The new STiH416 is a game-changer for the home entertainment industry," said Laurent Remont, General Manager for ST's Connected Home Division. "As the first connected home IC to feature a dual-core ARM application processor combined with a high-performance graphics processor, advanced HD decoding and encoding functionalities to enjoy content from any screens, and a state-of-the-art flexible security engine, it provides a future proof platform for operators and retailers to deliver best in class digital entertainment, social and home service."

With its advanced features and security, as well as low power consumption, ST's STiH416 supports the new and diverse ways that people want to use the Web, watch TV, share their own digital content, and network with friends while at home. At its heart, the dual-core ARM(®) Cortex(TM)-A9 MPCore(TM) application processor and ARM(®) Mali(TM)-400MP quad-core graphics processor enable the system-on-chip to manage software environments such as Android(TM),  HTML5,  Adobe(® )AIR(® )and Qt for optimized playback of content and applications, and to handle 3D graphics for advanced user interfaces, gaming and 3DTV. An advanced application framework is offered with this device, which takes advantage of the SoC's advanced security hardened features, in order to allow a light-weight framework to run multiple and independent  applications simultaneously.

The STiH416's, high-performance flexible multimedia processing subsystem is able to decode multiple H.264 full HD as well as many other video standards such as DivX, Multi View coding (MVC) 3DTV, and Google WebM, etc.; all with the outstanding Faroudja(TM) video-image quality. Powerful transcoding and encoding capabilities enable the device to serve multiple screens with High Definition content as well as run videoconferencing applications. The STiH416 also integrates a dedicated transport processor for seamless streaming, as well as a security processor meeting the latest Conditional Access (CA) and Digital Rights Management (DRM) standards.

While it has engineered unprecedented performance and features into the STiH416, ST has also leveraged its low-power design expertise to achieve exemplary energy efficiency. The device is fabricated using low-power process technology, and has a power-saving architecture for both CPU and GPU with separate domains having independent voltage control. Multiple energy-saving modes minimize power consumption under all operating conditions, ultimately cutting consumption to less than 30mW in passive standby mode. Everything together makes the STiH416 simultaneously the world's highest performing and lowest-power connected home set-top box system-on-chip.

The STiH416 is sampling now to lead customers, in a 35 x 35mm FCBGA package. Full production is scheduled for the second half of 2012.

*ARM and Adobe AIR are registered trademarks. All other trademarks are property of their respective owners.

About STMicroelectronics

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

SOURCE  STMicroelectronics

STMicroelectronics

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

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

iCruise.com Launches Cruise Finder(TM) iPad App

DELRAY BEACH, Fla., Jan. 12, 2012 /PRNewswire/ -- Cruise travel retailer iCruise.com® announced today the launch of its Cruise Finder(TM) iPad App.  The new iPad app provides real time cruise pricing and booking capability and offers much of the same functionality as the company website http://www.iCruise.com.

(Photo: http://photos.prnewswire.com/prnh/20120112/FL34175 )

The app gives iPad users access to information about 30 cruise lines, 250 cruise ships, and 12,000 worldwide itineraries through multiple, easy-to-use search options and calendars.  Over 20,000 new high resolution route maps and images were created to showcase destinations, cruise ship public rooms, stateroom categories and interactive, re-sizeable deck plans. 

According to Uf Tukel, co-founder of iCruise parent company, WMPH Vacations, "We've seen a significant increase in traffic to our website from iPad users.  We built this app to make it very easy for them to find a cruise with a high-quality, user experience that is consistent with other iPad apps in the travel industry." 

The Cruise Finder iPad app also features online pricing and booking capability for 10 cruise lines including Royal Caribbean Cruises, Carnival Cruises, Celebrity Cruises, Princess Cruises, Holland America Line, Disney Cruise Line, and Norwegian Cruise Line.  Users who prefer to speak and book with a real travel agent can do so by calling the iCruise reservation center in Delray Beach, Florida.

This is the fourth mobile product introduction by iCruise.com in the last 12 months.  Their app is currently one of the Top 40 most popular iPad travel apps and follows the launch of their Cruise Finder(TM) iPhone and Android Apps, as well as a mobile optimized web site. iCruise.com plans to offer an Amazon.com Kindle Fire version of the Cruise Finder App by the end of 1st quarter.

The Cruise Finder(TM) iPad App is available as a free download on the iTunes App Store.  For more information, please visit: http://itunes.apple.com/us/app/cruise-finder-icruise.com/id381074627?mt=8

About http://www.iCruise.com:  iCruise is a division of WMPH Vacations, an award-winning global cruise and travel retail company headquartered in Delray Beach, Florida.  WMPH also operates http://www.CruiseCheap.com, http://www.EuropeCruises.com,   www.AlaskaCruises.com, http://www.HawaiiCruiseOutlet.com.

For More Information Contact:
Lyell Peteresen, WMPH Vacations
Tel:  (800) 427-8473 - Email:  lyell.petersen@wmph.com

SOURCE  iCruise.com

Photo:http://photos.prnewswire.com/prnh/20120112/FL34175
http://photoarchive.ap.org/
iCruise.com

Web Site: http://www.iCruise.com

Tarpon Hill Capital Debuts to Provide Growth Private Equity Investments to Next-Stage Companies

Veteran team formed to help innovative technology companies meet their revenue and profit potential through growth capital and operational support

BERWYN, Pa., Jan. 12, 2012 /PRNewswire/ -- Tom Behlau today announced the founding of Tarpon Hill Capital, a private equity firm that will exclusively invest in next-stage companies that develop innovative technologies for regulated industries such as Life Sciences, Financial Services, and Healthcare.

Tarpon Hill will form partnerships with entrepreneurs at companies that have revenue of at least $1 million with recurring revenue in their existing customer base. Member companies can leverage Tarpon Hill for business expansion, leveraged acquisitions, management buyouts, and shareholder recapitalizations. Beyond the capital contribution, Tarpon Hill will combine significant experience in operational management, information technology, finance, and legal matters.

Tarpon Hill is led by Tom Behlau, a business operations veteran known in Philadelphia's technology community for founding and growing two successful software integration companies--Anexinet and Information Technologists Inc. (now Actium). Tom is COO advisor to member companies.

Other principals at Tarpon Hill include Jeffery Milne, CIO advisor to member companies who is the CEO of Entech Consulting, a technology management consulting company; previously CIO of Juniper Bank/Barclays US. In addition, Tom Coffey, accounting and CFO advisor to member companies who has guided both public and private companies ranging in size from start-up to $3 billion.

Tarpon Hill's team also includes dedicated legal counsel with extensive experience in corporate law, mergers/acquisitions, and financial transactions. Tarpon Hill will also leverage its network of sales and marketing support to work in alignment with member companies for demand creation.

"Our individual experiences growing commercial software products and IT service providers runs deep and it only made sense to integrate our networks and expertise to identify the best companies to grow," said Tom Behlau, founding principal at Tarpon Hill Capital. "There are many innovative companies, but some need a little shaping to reach their revenue and profit potential."

About Tarpon Hill Capital
Tarpon Hill Capital is a practical, straightforward private equity firm located in Berwyn, Pennsylvania that exclusively invests in next-stage technology companies in the Mid-Atlantic region. Through integrated logic, sound capital investments, a wide network of contacts, and real-world expertise, we enable innovative companies to propel growth, acquisitions, buyouts, and recapitalizations. Learn more: http://www.tarponhillcapital.com

SOURCE  Tarpon Hill Capital

Tarpon Hill Capital

CONTACT: Jim Tagliaferri, TME Communications for Tarpon Hill Capital, +1-610-420-7401, jimt@tmecom.com

Web Site: http://www.tarponhillcapital.com

OmniVision Launches OmniBSI+(TM) Pixel Architecture; Upgrades 8-Megapixel Offering for Smartphones and Tablets

OV8825 Enhances First-Generation BSI Pixel Performance For Superior Imaging, Maintains OmniBSI(TM) Low Cost-Structure

SANTA CLARA, Calif., Jan. 12, 2012 /PRNewswire/ -- OmniVision Technologies, Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, today announced from the Consumer Electronics Show (CES) in Las Vegas the launch of its new 8-megapixel OV8825 CameraChip(TM) sensor, the first sensor to use the OmniBSI+ technology. OmniBSI+ represents the second-generation of OmniVision's original OmniBSI backside illumination technology, offering significant performance and image quality improvements over OmniBSI while maintaining a competitive cost structure. This makes the OV8825 a highly attractive option for smartphone and tablet manufacturers seeking to upgrade their camera designs from the previous generation sensor, the OV8820.

"Industry reports expect tablets to reach 250 million units globally by 2014(1), with a large portion of those using 8-megapixel cameras. Similarly, industry reports project that smartphones equipped with 8-megapixel cameras will see tremendous growth, with estimates ranging up to more than 500 million units in 2014(2)," said Vinoo Margasahayam, senior product marketing manager at OmniVision. "Given the low cost and overall performance improvements enabled by our new OmniBSI+ pixel architecture, we feel that the OV8825 is an excellent solution for manufacturers in these booming markets."

Built on the new OmniBSI+ pixel architecture, the OV8825 offers many improvements over the OmniBSI-based OV8820, including a 60 percent increase in full-well capacity, a 10 percent increase in quantum efficiency and a 10 percent improvement in low-light sensitivity. This means that the OV8825 is able to capture dramatically improved images and video in both bright and low-light conditions.

The 1/3.2-inch, 8-megapixel OV8825 operates at 24 frames per second (FPS) in full resolution, and in full high-definition (HD) video mode at 30 or 60 FPS. The sensor's high frame rate also helps eliminate image lag for shutter-less designs, and enables continuous shooting, minimized rolling shutter effect and real-time image capture with no lag between resolutions. A high-speed, 4-lane MIPI interface facilitates the required high data transfer rate.

The OV8825's integrated scaler offers electronic image stabilization, and enables the sensor to maintain full field-of-view (FOV) with improved signal-to-noise performance in 1080p HD video mode at 30 FPS. The sensor's 2 x 2 binning functionality with a post-binning re-sampling filter function minimizes spatial artifacts and removes image artifacts around edges, delivering clean, crisp color images.

The OV8825 fits into the industry standard module size of 8.5 x 8.5 mm. It is now available for sampling and is expected to enter mass production in the second quarter of 2012.

About OmniBSI+

OmniVision's new 1.4-micron OmniBSI+ pixel offers significant performance and cost improvements over OmniBSI, including a 60 percent increase in full-well capacity, a 10 percent increase in quantum efficiency and a 10 percent improvement in low-light sensitivity. These improvements offer higher quality image capture in both high- and low-light conditions. These enhancements allow OmniVision to continue to improve the performance of its industry-leading BSI technology while keeping the technology cost effective.

About OmniVision

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

Safe-Harbor Language

Certain statements in this press release, including statements regarding the expected benefits, performance, capabilities, and potential market opportunity and appeal, as well as anticipated timing of mass production, of the OV8825 are forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward-looking statements and OmniVision's results to differ materially, include, without limitation: potential errors, design flaws or other problems with OV8825, customer acceptance, demand, and other risks detailed from time to time in OmniVision's Securities and Exchange Commission filings and reports, including, but not limited to, OmniVision's annual report filed on Form 10-K and quarterly reports filed on Form 10-Q. OmniVision expressly disclaims any obligation to update information contained in any forward-looking statement.

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

(1) Source: IHS iSuppli "U.S. Tablet Consumer Preference Analysis" August, 2011

(2) Source: TSR "1st Half 2011 CCD/CMOS Area Image Sensor Market Analysis" June, 2011

SOURCE  OmniVision Technologies, Inc.

OmniVision Technologies, Inc.

CONTACT: Martijn Pierik of Impress Public Relations, +1-602-366-5599, martijn@impress-pr.com; Scott Foster of OmniVision Technologies, +1-408-567-3077, sfoster@ovt.com; Mary McGrowan of Summit IR Group Inc., +1-408-653-3263, invest@ovt.com.

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

China GrenTech Enters Into Definitive Agreement With Talenthome Management Limited and Xing Sheng Corporation Limited for "Going Private" Transaction

SHENZHEN, China, Jan. 12, 2012 /PRNewswire-Asia-FirstCall/ -- China GrenTech Corporation Limited (NASDAQ: GRRF, "GrenTech," or the "Company"), a leading China-based provider of radio frequency and wireless coverage products and services, today announced that it has entered into an agreement and plan of merger (the "Merger Agreement") with Talenthome Management Limited ("Parent"), a British Virgin Islands exempted company, and Xing Sheng Corporation Limited ("Merger Sub"), a Cayman Islands exempted company wholly-owned by Parent.  Parent is jointly owned indirectly by Mr. Yingjie Gao, the Company's Chairman and Chief Executive Officer, Ms. Rong Yu, the Company's Director and Chief Financial Officer, and Ms. Yin Huang (together, the "Buyer Group").  The Buyer Group collectively beneficially owns approximately 41.9% of the Company's issued and outstanding ordinary shares and intends to finance the merger and the other transactions contemplated by the Merger Agreement through proceeds from a loan facility in the amount of HK$320,000,000 from Guotai Junan Finance (Hong Kong) Limited. 

Pursuant to the Merger Agreement, (i) upon the terms and subject to the conditions set forth therein, at the effective time of the merger, Merger Sub will be merged with and into the Company and the Company will become a wholly-owned subsidiary of Parent, and (ii) each ordinary share of the Company (including ordinary shares represented by American Depositary Shares ("ADSs"), each of which represents 25 ordinary shares) issued and outstanding immediately prior to the effective time of the merger will be cancelled in exchange for the right to receive US$0.126 (or US$3.15 per ADS) in cash without interest, except for the ordinary shares (including ordinary shares represented by ADSs) (x) beneficially owned by the Buyer Group, which will be cancelled without receiving any consideration, and (y) owned by holders of such ordinary shares who have validly exercised and not effectively withdrawn or lost their appraisal rights pursuant to Section 238 of the Cayman Islands Companies Law, as amended.  This represents a 23.0% premium over the closing price as quoted by Bloomberg L.P. on November 11, 2011 and a 40.6% over the 60-trading day volume weighted average price as quoted by Bloomberg L.P. on November 11, 2011, the last trading day prior to the Company's announcement on November 14, 2011 that it had received a "going private" proposal.

The Company's Board of Directors, acting upon the unanimous recommendation of the Independent Committee formed by the Board of Directors, approved the Merger Agreement and the merger contemplated in the Merger Agreement and resolved to recommend that the Company's shareholders vote to approve and adopt the Merger Agreement and the merger.  The Independent Committee, which is composed solely of directors unrelated to Parent, Merger Sub or any of the management members of the Company, negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors. 

The merger contemplated in the Merger Agreement, which is currently expected to close before the end of the second quarter of 2012, is subject to the approval by an affirmative vote of shareholders representing two-thirds or more of the ordinary shares present and voting in person or by proxy at a meeting of the Company's shareholders which will be convened to consider the approval and adoption of the Merger Agreement and the merger, as well as certain other customary closing conditions.  The Buyer Group has agreed to vote to approve the Merger Agreement and the merger.  If completed, the merger will result in the Company becoming a privately-held company and its ADSs would no longer be listed on the NASDAQ Global Select Market.

William Blair & Company, L.L.C. is serving as financial advisor to the Independent Committee. Cleary Gottlieb Steen & Hamilton LLP is serving as United States legal advisor to the Independent Committee and Conyers Dill & Pearman is serving as Cayman Islands legal advisor to the Independent Committee.  Ropes & Gray LLP is serving as United States legal advisor to the Company.  Skadden, Arps, Slate, Meagher & Flom LLP is serving as United States legal advisor to the Buyer Group.  McDermott Will & Emery LLP is serving as United States legal advisor to William Blair & Company, L.L.C.

Additional Information about the Transaction
The Company will furnish to the Securities and Exchange Commission (the "SEC") a report on Form 6-K regarding the proposed merger, which will include the Merger Agreement and related documents.  All parties desiring details regarding the proposed merger are urged to review these documents, which are available at the SEC's website (http://www.sec.gov).

In connection with the proposed merger, the Company will prepare and mail a proxy statement to its shareholders.  In addition, certain participants in the proposed merger will prepare and mail to the Company's shareholders a Schedule 13E-3 transaction statement.  These documents will be filed with or furnished to the SEC.  INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE PROPOSED MERGER AND RELATED MATTERS.  In addition to receiving the proxy statement and Schedule 13E-3 transaction statement by mail, shareholders also will be able to obtain these documents, as well as other filings containing information about the Company, the proposed merger and related matters, without charge, from the SEC's website (http://www.sec.gov) or at the SEC's public reference room at 100 F Street, NE, Room 1580, Washington, D.C. 20549.  In addition, these documents can be obtained, without charge, by contacting the Company at the following address and/or phone number:

China GrenTech Corporation Limited
15th Floor, Block A, Guoren Building
Keji Central 3rd Road
Hi-Tech Park, Nanshan District
Shanghai 518057, People's Republic of China
Telephone: (86 755) 2650-3007

The Company and certain of its directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be "participants" in the solicitation of proxies from our shareholders with respect to the proposed merger.  Information regarding the persons who may be considered "participants" in the solicitation of proxies will be set forth in the proxy statement and Schedule 13E-3 transaction statement relating to the proposed merger when it is filed with the SEC.  Additional information regarding the interests of such potential participants will be included in the proxy statement and Schedule 13E-3 transaction statement and the other relevant documents filed with the SEC when they become available.

This announcement is neither a solicitation of proxy, an offer to purchase nor a solicitation of an offer to sell any securities and it is not a substitute for any proxy statement or other filings that may be made with the SEC should the proposed merger proceed.

About China GrenTech
GrenTech is a leading developer of radio frequency ("RF") technology in China and a leading provider of wireless coverage products and services in China.  The Company uses RF technology to design and manufacture wireless coverage products, which enables telecommunications operators to expand the reach of their wireless communication networks to indoor and outdoor areas such as buildings, highways, subways, tunnels and remote regions.  China GrenTech's wireless coverage services include design, installation and project warranty services.  The Company also tailors the design and configuration of its wireless coverage products to the specific requirements of its customers.

Based on its in-house RF technology platform, the Company also develops and produces base station RF parts and components sold to base station manufacturers.  GrenTech is a qualified supplier of RF parts and components to major global and domestic base station manufacturers.  For more information, please visit http://www.GrenTech.com.cn.

Safe Harbor Statement
Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of GrenTech to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements.  The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, and other risks outlined in GrenTech's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1 and annual reports on Form 20-F.  GrenTech undertakes no ongoing obligation, other than that imposed by law, to update these statements.

    Company Contact:             Investor Relations Contact:
    Xin Lian, Senior Manager     David Rudnick, Account Manager
    China GrenTech Corp. Ltd.    CCG Investor Relations
    Tel: +86 755 2650 3007       Tel: + (1) 646-626-4172 (New York)
    E-mail: investor@powercn.com E-mail: david.rudnick@ccgir.com
    ---------------------------- -------------------------------
SOURCE  China GrenTech Corporation Limited

China GrenTech Corporation Limited

Web Site: http://www.GrenTech.com.cn

Vertical Search Works Launches New Faceted VS4Food Search

Faceted search organizes results in relevant categories with related images

NEW YORK, Jan. 12, 2012 /PRNewswire/ -- Vertical Search Works(TM) (http://www.verticalsearchworks.com, VSW), a leading provider of patented semantic search and advertising solutions, announced the launch of its new VS4Food(TM) search offering for publishers.

VS4Food is a vertical search engine that resides on a publisher's site.  Users can enter a query without leaving the site through a toolbar, and the search engine returns results from both the publisher and from other web sites relevant to the query. VS4Food automatically organizes results into facets, relevant categories associated with the query. For example, searching for "sirloin steak" will classify documents in categories about grilling recipes and wine pairings. Similarly, a search for "Emeril dessert" will return categories such as cooking show, dessert recipe and cookbooks.

VS4Food features relevant images next to results, making the page more attractive. Images are selected by analyzing the article and identifying pictures that illustrate the article's topic.  In addition, the new VS4Food Products & Services facet allows the user to browse the relevant product and services associated with their query.  The search results also contain relevant advertisements selected by VSW's proprietary semantic ad matching technology. 

"Together, these new capabilities help create a unique search experience for the user," said Colin Jeavons, CEO of VSW. "Our semantic search helps Web publishers mitigate search leakage, and hold on to visitors longer and increase page views. This in turn increases revenues, since search has a better click-through and conversion rate."

VS4Food leverages VSW's semantic search technology, which organizes millions of concepts and expressions into more than 80 distinct content verticals.  This technology allows VSW to serve the most relevant search results and highly targeted ads for advertisers and publishers in key content areas.

About Vertical Search Works(TM):

Vertical Search Works' mission is to provide better, more accurate search to people seeking information, knowledge, products or services within their area of interest.  VSW leverages proprietary semantic search technology which understands user intent better than traditional keyword-based search.  Users can experience VSW Search(TM), a targeted vertical search engine, on the Web sites of major online content producers in the Food, Home & Garden, Weddings, Family and Entertainment industries.  The company also offers VSW FeatureLink(TM), which allows marketers to feature their products with an image and a 140-character call to action next to relevant content from VSW's online publishing partners.  Marketers pay a fixed price cost-per-click and generate additional sales without the complexity of keyword bidding.  VSW FeatureLink(TM) is complementary to all paid search and advertising models currently used by its publishers. Vertical Search Works was formed from the February 2010 merger of Convera Corporation, a leading developer of search technology for the U.S. intelligence community, and Firstlight ERA, a leader in advertising sales technology.  VSW is headquartered in New York.  For more information, visit http://www.verticalsearchworks.com.

SOURCE  Vertical Search Works

Vertical Search Works

CONTACT: CONTACT: Keith Campbell, +1-202-986-2152, kcampbell@schwartz.com; Debra Berliner, +1-212-725-4500, ext. 309, dberliner@schwartz.com

Web Site: http://www.verticalsearchworks.com