News
May 17, 2010
AT&T Stands Ready for 2010 Hurricane Season in the Southeast
Poster: SySAdmin
Posted on May 17, 2010 at 7:14:01 AM
AT&T Stands Ready for 2010 Hurricane Season in the Southeast
Offers Communications Tips for Consumers and Businesses
ATLANTA, May 17 -- With an "average" hurricane season predicted for 2010, expected to include 15 named storms in the Atlantic Ocean, AT&T* today announced that it is prepared to respond quickly if a storm strikes. To help customers prepare too, AT&T is providing important communications tips for use before, during and after a storm.
"The Southeast has been tested by inclement weather and hurricanes in the past and AT&T has always been quick to respond and restore service to impacted communities," said Steve Sitton, regional president - Southeast, AT&T Mobility and Consumer Services. "Our customers rely on us to be prepared and keep them connected during emergencies, and we are committed to fulfilling those needs."
In its arsenal of Network Disaster Recovery (NDR) capabilities, AT&T has the industry's largest and most advanced disaster response capability with unmatched resources to help ensure the flow of both wireless and wired communications during times of need. AT&T has invested more than $500 million in its NDR function since it was formed. AT&T's NDR function includes more than 300 technology and equipment trailers that can be quickly distributed anywhere in the U.S. or worldwide to respond to disaster situations such as severe hurricanes. AT&T invested $145 million in recovery and restoration efforts related to the 2008 hurricanes that include the opening of a third NDR equipment warehouse in the Southeast.
AT&T has continued to enhance network redundancy in hurricane-prone areas, which includes the installation of more back-up and permanent generators at critical cell sites and switching facilities, location of critical equipment to less vulnerable areas, upgrade of electronics in many locations, replacement of copper wiring with fiber optic cable, elevation of switches critical to network operations above expected flood levels, and protection of physical facilities against flooding.
"AT&T continues to make significant investments in its NDR program in order to help ensure quick recovery of vital communications services for our customers in the wake of a natural or man-made disaster, such as a hurricane," said Mark Francis, Vice President - Global Network Operations Center, AT&T. "We understand how important it is for our customers to communicate with loved ones in times of emergency, and we're committed to providing them with reliable communications services."
A critical element of AT&T's efforts to maximize network reliability is its ability to swiftly respond when disaster strikes. AT&T's Global Network Operations Center, a state-of-the-art command center, monitors and maintains AT&T's global networks 24/7, and its NDR organization conducts readiness drills and disaster simulations throughout the year to ensure that networks are prepared and personnel are ready to respond in a moment's notice. The NDR team works closely with local AT&T network personnel and Emergency Operations Centers (EOCs) to restore and maintain service until permanent repairs can be made.
AT&T's standard pre-storm network preparations include:
-- Adding capacity to the wireless network to accommodate increased call
volume.
-- Testing the high-capacity backup batteries located at every cell site.
-- Distributing extended battery life and portable generators and
maintaining existing fixed generators.
-- Topping off generators with fuel at cell sites and central and
field-level switching facilities.
-- Using natural gas in some of the permanent generators to eliminate the
need to refuel.
-- Staging generators in safe locations for their immediate deployment
once a storm has passed.
Response equipment readied in the wake of a storm:
-- Mobile cell sites and mobile command centers
-- Emergency communications vehicles
-- A self-sufficient base camp, complete with sleeping tents, bathrooms,
kitchen, laundry facilities, on-site nurse and more than 10,000 meals
ready to eat (MREs)
-- Hazmat equipment and supplies
-- Technology and support trailers to provide infrastructure support and
mobile heating ventilation and air conditioning
-- Internal and external resources for initial assessment and recovery
efforts
AT&T offers the following recommendations for consumers and small business owners in preparation for this year's hurricane season.
Consumer Tips:
-- Be sure you have a "hurricane phone." It's a good idea to have a
wireless phone on hand and at least one corded (landline) telephone
that is not dependent on electricity in case of a power outage.
Cordless telephones usually have receivers that are electronically
charged, so they won't work if you lose your power.
-- Have a family communications plan in place. Designate someone out of
the area as a central contact, and make certain that all family
members know who to contact if they become separated. Most important,
practice your emergency plan in advance.
-- Program all of your emergency contact numbers and e-mail addresses
into your mobile phone. Numbers should include the police department,
fire station and hospital, as well as your family members.
-- Keep your wireless phone batteries charged at all times. Have an
alternative plan to recharge your battery in case of a power outage,
such as charging your wireless device by using your car charger or
having extra mobile phone batteries or disposable mobile phone
batteries on hand.
-- Keep your wireless phone dry. The biggest threat to your device during
a hurricane is water, so keep your equipment safe from the elements by
storing it in a baggie or some other type of protective covering.
-- Forward your home number to your wireless number in the event of an
evacuation. Because call forwarding is based out of the telephone
central office, you will get incoming calls from your landline phone
even if your local telephone service is disrupted at your home. In the
unlikely event that the central office is not operational, services
such as voicemail, call forwarding, remote access call forwarding and
call forwarding busy line/don't answer may be useful.
-- Track the storm and access weather information on your wireless
device. Many homes lose power during severe weather. If you have a
wireless device that provides access to the Internet, you can watch
weather reports through AT&T Mobile TV or keep updated with local
radar and severe weather alerts through My-Cast® Weather, if you
subscribe to those services.
-- Camera phones provide assistance. If you have a camera phone, take,
store and send photos -- even video clips -- of damaged property to
your insurance company from your device.
-- Take advantage of location-based mapping technology. Services such as
AT&T Navigator and AT&T FamilyMap can help you seek evacuation routes
or avoid traffic congestion from downed trees or power lines, as well
as track a family member's wireless device in case you get separated.
Small Business Tips:
-- Set up a call-forwarding service to a predetermined backup location.
Set up a single or multiple hotline number(s) for employees,
employees' families, customers and partners, as appropriate, to call
so that all parties know about the business situation and emergency
plan. For this to be most effective, maintain an updated contact list,
including mobile and home phone numbers and e-mail addresses, for all
employees.
-- Protect hardware/software/data records/employee records, etc.
Routinely back up these files to an off-site location. Use a generator
for supplying backup power to vital computer hardware and other
mission-critical equipment. Prearrange the replacement of damaged
hardware with vendors to ensure quick business recovery.
-- Outline detailed plans for evacuation and shelter-in-place plans.
Practice these plans (employee training, etc.). Establish a backup
location for your business and meeting place for all employees.
-- Assemble a crisis-management team and coordinate efforts with
neighboring businesses and building management. Be aware that
disasters affecting your suppliers also affect your business. Outline
a plan for supply chain continuity for business essentials.
Maximizing Service During and After a Hurricane:
-- During an emergency, many people are trying to use their phones at the
same time. The increased calling volume may create network congestion,
leading to "fast busy" signals on your wireless phone or a slow dial
tone on your landline phone. If this happens, hang up, wait several
seconds and then try the call again. This allows your original call
data to clear the network before you try again.
-- Try text messaging. During an emergency situation, text messages may
go through more quickly than voice calls because they require fewer
network resources. All of AT&T's wireless devices are text messaging
capable. Depending on your text or data plan, additional charges may
apply.
-- Keep non-emergency calls to a minimum, and limit your calls to the
most important ones. If there is severe weather, chances are many
people will be attempting to place calls to loved ones, friends and
business associates.
Additional information and tips for disaster preparedness can be found at http://www.att.com/vitalconnections.
SOURCE: Klotzback, Philip, and William Gray. "Extended Range Forecast for Atlantic Seasonal Hurricane Activity and Landfall Strike Probability for 2010." Colorado State University. Web. April 2010
*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.
About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company. 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 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T | DIRECTV(SM) 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. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
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 @ATTNews. Find us on Facebook at http://www.Facebook.com/ATT to discover more about our consumer and wireless services or at http://www.Facebook.com/ATTSmallBiz to discover more about our small business services.
© 2010 AT&T Intellectual Property. All rights reserved. 3G service 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.
CONTACT: Gretchen Schultz, Office, +1-407-237-3324, Mobile,
+1-407-324-6009, gretchen.schultz@att.com, for AT&T
Web Site: http://www.att.com/
Offers Communications Tips for Consumers and Businesses
ATLANTA, May 17 -- With an "average" hurricane season predicted for 2010, expected to include 15 named storms in the Atlantic Ocean, AT&T* today announced that it is prepared to respond quickly if a storm strikes. To help customers prepare too, AT&T is providing important communications tips for use before, during and after a storm.
"The Southeast has been tested by inclement weather and hurricanes in the past and AT&T has always been quick to respond and restore service to impacted communities," said Steve Sitton, regional president - Southeast, AT&T Mobility and Consumer Services. "Our customers rely on us to be prepared and keep them connected during emergencies, and we are committed to fulfilling those needs."
In its arsenal of Network Disaster Recovery (NDR) capabilities, AT&T has the industry's largest and most advanced disaster response capability with unmatched resources to help ensure the flow of both wireless and wired communications during times of need. AT&T has invested more than $500 million in its NDR function since it was formed. AT&T's NDR function includes more than 300 technology and equipment trailers that can be quickly distributed anywhere in the U.S. or worldwide to respond to disaster situations such as severe hurricanes. AT&T invested $145 million in recovery and restoration efforts related to the 2008 hurricanes that include the opening of a third NDR equipment warehouse in the Southeast.
AT&T has continued to enhance network redundancy in hurricane-prone areas, which includes the installation of more back-up and permanent generators at critical cell sites and switching facilities, location of critical equipment to less vulnerable areas, upgrade of electronics in many locations, replacement of copper wiring with fiber optic cable, elevation of switches critical to network operations above expected flood levels, and protection of physical facilities against flooding.
"AT&T continues to make significant investments in its NDR program in order to help ensure quick recovery of vital communications services for our customers in the wake of a natural or man-made disaster, such as a hurricane," said Mark Francis, Vice President - Global Network Operations Center, AT&T. "We understand how important it is for our customers to communicate with loved ones in times of emergency, and we're committed to providing them with reliable communications services."
A critical element of AT&T's efforts to maximize network reliability is its ability to swiftly respond when disaster strikes. AT&T's Global Network Operations Center, a state-of-the-art command center, monitors and maintains AT&T's global networks 24/7, and its NDR organization conducts readiness drills and disaster simulations throughout the year to ensure that networks are prepared and personnel are ready to respond in a moment's notice. The NDR team works closely with local AT&T network personnel and Emergency Operations Centers (EOCs) to restore and maintain service until permanent repairs can be made.
AT&T's standard pre-storm network preparations include:
-- Adding capacity to the wireless network to accommodate increased call
volume.
-- Testing the high-capacity backup batteries located at every cell site.
-- Distributing extended battery life and portable generators and
maintaining existing fixed generators.
-- Topping off generators with fuel at cell sites and central and
field-level switching facilities.
-- Using natural gas in some of the permanent generators to eliminate the
need to refuel.
-- Staging generators in safe locations for their immediate deployment
once a storm has passed.
Response equipment readied in the wake of a storm:
-- Mobile cell sites and mobile command centers
-- Emergency communications vehicles
-- A self-sufficient base camp, complete with sleeping tents, bathrooms,
kitchen, laundry facilities, on-site nurse and more than 10,000 meals
ready to eat (MREs)
-- Hazmat equipment and supplies
-- Technology and support trailers to provide infrastructure support and
mobile heating ventilation and air conditioning
-- Internal and external resources for initial assessment and recovery
efforts
AT&T offers the following recommendations for consumers and small business owners in preparation for this year's hurricane season.
Consumer Tips:
-- Be sure you have a "hurricane phone." It's a good idea to have a
wireless phone on hand and at least one corded (landline) telephone
that is not dependent on electricity in case of a power outage.
Cordless telephones usually have receivers that are electronically
charged, so they won't work if you lose your power.
-- Have a family communications plan in place. Designate someone out of
the area as a central contact, and make certain that all family
members know who to contact if they become separated. Most important,
practice your emergency plan in advance.
-- Program all of your emergency contact numbers and e-mail addresses
into your mobile phone. Numbers should include the police department,
fire station and hospital, as well as your family members.
-- Keep your wireless phone batteries charged at all times. Have an
alternative plan to recharge your battery in case of a power outage,
such as charging your wireless device by using your car charger or
having extra mobile phone batteries or disposable mobile phone
batteries on hand.
-- Keep your wireless phone dry. The biggest threat to your device during
a hurricane is water, so keep your equipment safe from the elements by
storing it in a baggie or some other type of protective covering.
-- Forward your home number to your wireless number in the event of an
evacuation. Because call forwarding is based out of the telephone
central office, you will get incoming calls from your landline phone
even if your local telephone service is disrupted at your home. In the
unlikely event that the central office is not operational, services
such as voicemail, call forwarding, remote access call forwarding and
call forwarding busy line/don't answer may be useful.
-- Track the storm and access weather information on your wireless
device. Many homes lose power during severe weather. If you have a
wireless device that provides access to the Internet, you can watch
weather reports through AT&T Mobile TV or keep updated with local
radar and severe weather alerts through My-Cast® Weather, if you
subscribe to those services.
-- Camera phones provide assistance. If you have a camera phone, take,
store and send photos -- even video clips -- of damaged property to
your insurance company from your device.
-- Take advantage of location-based mapping technology. Services such as
AT&T Navigator and AT&T FamilyMap can help you seek evacuation routes
or avoid traffic congestion from downed trees or power lines, as well
as track a family member's wireless device in case you get separated.
Small Business Tips:
-- Set up a call-forwarding service to a predetermined backup location.
Set up a single or multiple hotline number(s) for employees,
employees' families, customers and partners, as appropriate, to call
so that all parties know about the business situation and emergency
plan. For this to be most effective, maintain an updated contact list,
including mobile and home phone numbers and e-mail addresses, for all
employees.
-- Protect hardware/software/data records/employee records, etc.
Routinely back up these files to an off-site location. Use a generator
for supplying backup power to vital computer hardware and other
mission-critical equipment. Prearrange the replacement of damaged
hardware with vendors to ensure quick business recovery.
-- Outline detailed plans for evacuation and shelter-in-place plans.
Practice these plans (employee training, etc.). Establish a backup
location for your business and meeting place for all employees.
-- Assemble a crisis-management team and coordinate efforts with
neighboring businesses and building management. Be aware that
disasters affecting your suppliers also affect your business. Outline
a plan for supply chain continuity for business essentials.
Maximizing Service During and After a Hurricane:
-- During an emergency, many people are trying to use their phones at the
same time. The increased calling volume may create network congestion,
leading to "fast busy" signals on your wireless phone or a slow dial
tone on your landline phone. If this happens, hang up, wait several
seconds and then try the call again. This allows your original call
data to clear the network before you try again.
-- Try text messaging. During an emergency situation, text messages may
go through more quickly than voice calls because they require fewer
network resources. All of AT&T's wireless devices are text messaging
capable. Depending on your text or data plan, additional charges may
apply.
-- Keep non-emergency calls to a minimum, and limit your calls to the
most important ones. If there is severe weather, chances are many
people will be attempting to place calls to loved ones, friends and
business associates.
Additional information and tips for disaster preparedness can be found at http://www.att.com/vitalconnections.
SOURCE: Klotzback, Philip, and William Gray. "Extended Range Forecast for Atlantic Seasonal Hurricane Activity and Landfall Strike Probability for 2010." Colorado State University. Web. April 2010
*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.
About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company. 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 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T | DIRECTV(SM) 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. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
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 @ATTNews. Find us on Facebook at http://www.Facebook.com/ATT to discover more about our consumer and wireless services or at http://www.Facebook.com/ATTSmallBiz to discover more about our small business services.
© 2010 AT&T Intellectual Property. All rights reserved. 3G service 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.
CONTACT: Gretchen Schultz, Office, +1-407-237-3324, Mobile,
+1-407-324-6009, gretchen.schultz@att.com, for AT&T
Web Site: http://www.att.com/
Traxo Launches Loyalty Tracker, Free Feature to Automatically Track All Your Travel Miles and Points on One Page
Poster: SySAdmin
Posted on May 17, 2010 at 7:14:01 AM
Traxo Launches Loyalty Tracker, Free Feature to Automatically Track All Your Travel Miles and Points on One Page
Ten $500 Gift Cards to Be Awarded
DALLAS, May 17 -- Traxo (http://www.traxo.com), the home base for travel, adds another tool to simplify travel: Traxo Loyalty Tracker keeps track of airline, hotel, and car reward balances, synching all loyalty program miles and points on one centralized dashboard. It is the first to display all miles and points balances alongside the traveler's entire trip itinerary on one consolidated travel home base. A traveler's miles and points from all their accounts get automatically loaded onto Traxo so users see balances, program status levels, recent transactions and the date when miles and points are about to expire. Last year over 150,000 travelers had approximately 1.5 billion frequent flyer miles expire due to inactivity (equivalent to over 55,000 cross-country trips), according to InsideFlyer Magazine. Traxo's Loyalty Tracker helps prevent travelers from losing miles by always displaying up-to-date loyalty account information and proactively notifying members before miles expire. It works seamlessly with the existing Traxo travel dashboard and is free for Traxo members.
(Logo: http://photos.prnewswire.com/prnh/20100517/NY05491LOGO )
(Logo: http://www.newscom.com/cgi-bin/prnh/20100517/NY05491LOGO)
The introduction of Traxo Loyalty Tracker also comes with a "Win Trips for Lost Miles" sweepstakes, where Traxo will award a total of ten $500 gift cards over the course of ten weeks. Users can choose between American Airlines or Travelocity Hotel gift cards. Enter by signing up for the free Traxo Loyalty Tracker service (at http://www.traxo.com/web/sweepstakes), and receive an additional entry for each new or existing Traxo member who becomes your Traxo buddy. Once every two weeks for ten weeks beginning June 2, 2010, Traxo will award a randomly selected winner a $500 travel gift card, with one grand prize winner being chosen to receive five travel gift cards on August 10, 2010.
"We're thrilled to add this free Loyalty Tracker functionality to Traxo -- it's a highly requested feature that will help our users track all of their loyalty miles and points on one page, provide them with key information as they book their next trip and help them save money by enabling them to see and use their balances before they expire," said Andres Fabris, co-founder and CEO of Traxo.
"The three most powerful words for travelers today are: simplify, simplify, simplify. Intelligent travel simplicity is exactly what Traxo delivers," said Randy Petersen, founder of InsideFlyer Magazine and FlyerTalk.com. "The use of the Traxo Loyalty Tracker will help prevent frequent flyer miles from expiring," Petersen continued.
Traxo creates one itinerary for the traveler, automatically gathering information from all the user's travel accounts online without the need to forward confirmation emails. Itineraries are also updated automatically when changes are made and Traxo's award-winning Facebook integration enables easier sharing of travel plans with friends outside of the Traxo site. Featuring content and recommendations from Uptake, Traxo also aids in the trip planning, making the overall travel experience more enjoyable and streamlined.
About Traxo
Traxo serves as a travel home base, offering travelers a single location for managing travel. Trips are seamlessly brought into a user's Traxo account, wherever they are booked, adding efficiency that frees the traveler from the hassles of merging all the details. Traxo users can choose to connect to their contacts on Facebook via Traxo's Facebook application. Conceived by Andres Fabris, Andy Chen and Richard Pendergast, Traxo's executive team is comprised of individuals with extensive travel industry experience from companies like Sabre and Travelocity. For more information, please visit http://www.traxo.com.
Media Contacts:
Pamela Johnston / Erica Johnson
PJ Inc.
212-629-8445
Pamela@pjinc.net / Erica@pjinc.net
Photo: http://www.newscom.com/cgi-bin/prnh/20100517/NY05491LOGO
PRN Photo Desk, photodesk@prnewswire.com
http://photos.prnewswire.com/prnh/20100517/NY05491
http://photos.prnewswire.com/prnh/20100517/NY05491LOGO
Source: Traxo
CONTACT: Pamela Johnston, Pamela@pjinc.net; Erica Johnson,
Erica@pjinc.net, PJ Inc., +1-212-629-8445
Web Site: http://www.traxo.com/
Ten $500 Gift Cards to Be Awarded
DALLAS, May 17 -- Traxo (http://www.traxo.com), the home base for travel, adds another tool to simplify travel: Traxo Loyalty Tracker keeps track of airline, hotel, and car reward balances, synching all loyalty program miles and points on one centralized dashboard. It is the first to display all miles and points balances alongside the traveler's entire trip itinerary on one consolidated travel home base. A traveler's miles and points from all their accounts get automatically loaded onto Traxo so users see balances, program status levels, recent transactions and the date when miles and points are about to expire. Last year over 150,000 travelers had approximately 1.5 billion frequent flyer miles expire due to inactivity (equivalent to over 55,000 cross-country trips), according to InsideFlyer Magazine. Traxo's Loyalty Tracker helps prevent travelers from losing miles by always displaying up-to-date loyalty account information and proactively notifying members before miles expire. It works seamlessly with the existing Traxo travel dashboard and is free for Traxo members.
(Logo: http://photos.prnewswire.com/prnh/20100517/NY05491LOGO )
(Logo: http://www.newscom.com/cgi-bin/prnh/20100517/NY05491LOGO)
The introduction of Traxo Loyalty Tracker also comes with a "Win Trips for Lost Miles" sweepstakes, where Traxo will award a total of ten $500 gift cards over the course of ten weeks. Users can choose between American Airlines or Travelocity Hotel gift cards. Enter by signing up for the free Traxo Loyalty Tracker service (at http://www.traxo.com/web/sweepstakes), and receive an additional entry for each new or existing Traxo member who becomes your Traxo buddy. Once every two weeks for ten weeks beginning June 2, 2010, Traxo will award a randomly selected winner a $500 travel gift card, with one grand prize winner being chosen to receive five travel gift cards on August 10, 2010.
"We're thrilled to add this free Loyalty Tracker functionality to Traxo -- it's a highly requested feature that will help our users track all of their loyalty miles and points on one page, provide them with key information as they book their next trip and help them save money by enabling them to see and use their balances before they expire," said Andres Fabris, co-founder and CEO of Traxo.
"The three most powerful words for travelers today are: simplify, simplify, simplify. Intelligent travel simplicity is exactly what Traxo delivers," said Randy Petersen, founder of InsideFlyer Magazine and FlyerTalk.com. "The use of the Traxo Loyalty Tracker will help prevent frequent flyer miles from expiring," Petersen continued.
Traxo creates one itinerary for the traveler, automatically gathering information from all the user's travel accounts online without the need to forward confirmation emails. Itineraries are also updated automatically when changes are made and Traxo's award-winning Facebook integration enables easier sharing of travel plans with friends outside of the Traxo site. Featuring content and recommendations from Uptake, Traxo also aids in the trip planning, making the overall travel experience more enjoyable and streamlined.
About Traxo
Traxo serves as a travel home base, offering travelers a single location for managing travel. Trips are seamlessly brought into a user's Traxo account, wherever they are booked, adding efficiency that frees the traveler from the hassles of merging all the details. Traxo users can choose to connect to their contacts on Facebook via Traxo's Facebook application. Conceived by Andres Fabris, Andy Chen and Richard Pendergast, Traxo's executive team is comprised of individuals with extensive travel industry experience from companies like Sabre and Travelocity. For more information, please visit http://www.traxo.com.
Media Contacts:
Pamela Johnston / Erica Johnson
PJ Inc.
212-629-8445
Pamela@pjinc.net / Erica@pjinc.net
Photo: http://www.newscom.com/cgi-bin/prnh/20100517/NY05491LOGO
PRN Photo Desk, photodesk@prnewswire.com
http://photos.prnewswire.com/prnh/20100517/NY05491
http://photos.prnewswire.com/prnh/20100517/NY05491LOGO
Source: Traxo
CONTACT: Pamela Johnston, Pamela@pjinc.net; Erica Johnson,
Erica@pjinc.net, PJ Inc., +1-212-629-8445
Web Site: http://www.traxo.com/
Sonus Networks Unveils NBS-5200 Network Border Switch - Industry Leading Session Border Control Solution - On Its Next-Generation ConnexIP Platform
Poster: SySAdmin
Posted on May 17, 2010 at 7:14:01 AM
Sonus Networks Unveils NBS-5200 Network Border Switch - Industry Leading Session Border Control Solution - On Its Next-Generation ConnexIP Platform
Industry Leading Scale And Transcoding Density With Native IPv6 And Security Features Integrated Into A Single Platform Make NBS-5200 The Most Advanced SBC On The Market
WESTFORD, Mass., May 17 -- Sonus Networks, Inc. (NASDAQ:SONS), a market leader in next generation IP-based network solutions, today announced general availability of the NBS-5200 Network Border Switch as the first product on its next generation ConnexIP(TM) platform. The NBS-5200 is the highest density, highest scalability Session Border Control (SBC) solution in its class with integrated transcoding and media interworking, with native support for IPv6 and IPSec encryption. It combines full SBC functionality including media interworking, advanced routing and policy engine, and multi-access security gateway functionality all in one single second generation SBC product without compromising scale or density.
"Today marks an important milestone for Sonus as we deliver ConnexIP - a platform for creating new products and solutions that lead the industry in scale, performance and reliability for IP to IP session management," said Rich Nottenburg, president and chief executive officer of Sonus Networks. "By applying our decade long experience, IP networking know-how and unique IPR to the new platform, we plan to extend the market leadership we enjoy in the VoIP market into new growth areas of border control, mobility and packet policy."
The ConnexIP platform from Sonus is an innovative platform optimized for connecting, managing, and securing IP session based communications and represents a key element in Sonus' strategy to bring industry leading performance and carrier grade reliability to the session management market. Powered by best-in-class network processors, multi-core computing devices, solid-state storage, high density media processing cards, and layered with Sonus' proven middleware and protocol stacks, ConnexIP represents a new foundation for the next generation of IP based products from Sonus.
"The ConnexIP platform positions Sonus well to take on the rapidly growing area of IP to IP session management," said Elisabeth Rainge, Program Director at IDC. "The concept of a platform is becoming increasingly important to communications service providers. By leveraging a single platform across a series of products, Sonus shifts the innovation to the service layer. It can benefit from the efficiencies of re-use and stands to increase its competitiveness in the market."
The NBS-5200 is the first product from Sonus on the ConnexIP platform, and complements the already successful NBS-9000 as part of Sonus' session border control solutions portfolio. It will enable Sonus to address the broadest set of SBC deployments for service providers and enterprises.
"First generation SBC products on the market have forced inevitable trade-offs between features and performance upon customers," commented Guru Pai, chief operating officer at Sonus Networks. "By combining related functions that are often deployed as two or three separate products today into a single, scalable and easy to manage network element, we've defined the next frontier in session border control and created opportunities for significant operational savings for our customers."
"Sonus has proven traction with customers in the SBC segment with its NBS-9000 product line," said Diane Myers, directing analyst with Infonetics Research. "Introduction of the NBS-5200 on the new ConnexIP platform will increase Sonus' competitiveness in the high-growth access and peering SBC segments for the service providers, as well as in the enterprise SBC space, which Infonetics believes to be collectively over a 1.9 billion dollar market over the next four years."
Early customer interest has been strong and the NBS-5200 is being shipped to customers for trials and evaluation starting this month.
The NBS-5200 combines the following best in class attributes:
-- Highest Scale and Session and Transcoding Density in 2U Form Factor -
Dedicated hardware for packet inspection/manipulation ensures that the
application logic scales independently of media. Integrated
Transcoding on the box simplifies deployments and operational aspects
without compromising scale.
-- IPv6 and IPv6-IPv4 Interworking support - With explosive global demand
for IP addresses fueled by 3G/4G and WiMAX deployment, the need for
native IPv6 support is critical. NBS-5200 supports native IPv6 and
IPv6-IPv4 interworking, which allows heterogeneous IPv6 and IPv4
networks, SIP Servers and IP endpoints to co-exist.
-- Security and Encryption - Signaling and media encryption are mandatory
requirements in environments such as wireless and femtocell access,
and for a significant portion of enterprise and government
deployments. The NBS-5200 supports features like IPSec encryption,
and TLS (transport layer security) natively without degrading
performance or requiring additional hardware.
-- Embedded and Centralized Routing Support - The NBS-5200 embeds Sonus'
field-hardened advanced PSX(TM) policy and routing engine, effectively
creating a turn-key session border control solution in a box. The
product can also be deployed in a network where a centralized policy
and routing engine already exist.
-- Signaling Interworking - The NBS-5200 has been tested to successfully
interoperate with a comprehensive list of PBXs, various SIP devices
and other ecosystem equipment in both access and peering SBC
configurations.
For further information on the NBS-5200, visit http://www.sonusnet.com.
About Sonus Networks
Sonus Networks, Inc. is a leader in IP networking with proven expertise in delivering secure, reliable and scalable next generation infrastructure and subscriber solutions. With customers in over 50 countries across the globe and over a decade of experience in transforming networks to IP, Sonus has enabled service providers and enterprises to capture and retain users and generate significant ROI. Sonus products include media and signaling gateways, policy/routing servers, session border controllers and subscriber feature servers. Sonus products are supported by a global services team with experience in design, deployment and maintenance of some of the world's largest and most complex IP networks. For more information visit http://www.sonusnet.com.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Annual Report on Form 10-K for the year ended December 31, 2009 and all subsequent Quarterly Reports on Form 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so, except as required by law.
Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
For more information, please contact:
Aashu Virmani
978-614-8795
Source: Sonus Networks, Inc.
CONTACT: Aashu Virmani, +1-978-614-8795
Web Site: http://www.sonusnet.com/
Industry Leading Scale And Transcoding Density With Native IPv6 And Security Features Integrated Into A Single Platform Make NBS-5200 The Most Advanced SBC On The Market
WESTFORD, Mass., May 17 -- Sonus Networks, Inc. (NASDAQ:SONS), a market leader in next generation IP-based network solutions, today announced general availability of the NBS-5200 Network Border Switch as the first product on its next generation ConnexIP(TM) platform. The NBS-5200 is the highest density, highest scalability Session Border Control (SBC) solution in its class with integrated transcoding and media interworking, with native support for IPv6 and IPSec encryption. It combines full SBC functionality including media interworking, advanced routing and policy engine, and multi-access security gateway functionality all in one single second generation SBC product without compromising scale or density.
"Today marks an important milestone for Sonus as we deliver ConnexIP - a platform for creating new products and solutions that lead the industry in scale, performance and reliability for IP to IP session management," said Rich Nottenburg, president and chief executive officer of Sonus Networks. "By applying our decade long experience, IP networking know-how and unique IPR to the new platform, we plan to extend the market leadership we enjoy in the VoIP market into new growth areas of border control, mobility and packet policy."
The ConnexIP platform from Sonus is an innovative platform optimized for connecting, managing, and securing IP session based communications and represents a key element in Sonus' strategy to bring industry leading performance and carrier grade reliability to the session management market. Powered by best-in-class network processors, multi-core computing devices, solid-state storage, high density media processing cards, and layered with Sonus' proven middleware and protocol stacks, ConnexIP represents a new foundation for the next generation of IP based products from Sonus.
"The ConnexIP platform positions Sonus well to take on the rapidly growing area of IP to IP session management," said Elisabeth Rainge, Program Director at IDC. "The concept of a platform is becoming increasingly important to communications service providers. By leveraging a single platform across a series of products, Sonus shifts the innovation to the service layer. It can benefit from the efficiencies of re-use and stands to increase its competitiveness in the market."
The NBS-5200 is the first product from Sonus on the ConnexIP platform, and complements the already successful NBS-9000 as part of Sonus' session border control solutions portfolio. It will enable Sonus to address the broadest set of SBC deployments for service providers and enterprises.
"First generation SBC products on the market have forced inevitable trade-offs between features and performance upon customers," commented Guru Pai, chief operating officer at Sonus Networks. "By combining related functions that are often deployed as two or three separate products today into a single, scalable and easy to manage network element, we've defined the next frontier in session border control and created opportunities for significant operational savings for our customers."
"Sonus has proven traction with customers in the SBC segment with its NBS-9000 product line," said Diane Myers, directing analyst with Infonetics Research. "Introduction of the NBS-5200 on the new ConnexIP platform will increase Sonus' competitiveness in the high-growth access and peering SBC segments for the service providers, as well as in the enterprise SBC space, which Infonetics believes to be collectively over a 1.9 billion dollar market over the next four years."
Early customer interest has been strong and the NBS-5200 is being shipped to customers for trials and evaluation starting this month.
The NBS-5200 combines the following best in class attributes:
-- Highest Scale and Session and Transcoding Density in 2U Form Factor -
Dedicated hardware for packet inspection/manipulation ensures that the
application logic scales independently of media. Integrated
Transcoding on the box simplifies deployments and operational aspects
without compromising scale.
-- IPv6 and IPv6-IPv4 Interworking support - With explosive global demand
for IP addresses fueled by 3G/4G and WiMAX deployment, the need for
native IPv6 support is critical. NBS-5200 supports native IPv6 and
IPv6-IPv4 interworking, which allows heterogeneous IPv6 and IPv4
networks, SIP Servers and IP endpoints to co-exist.
-- Security and Encryption - Signaling and media encryption are mandatory
requirements in environments such as wireless and femtocell access,
and for a significant portion of enterprise and government
deployments. The NBS-5200 supports features like IPSec encryption,
and TLS (transport layer security) natively without degrading
performance or requiring additional hardware.
-- Embedded and Centralized Routing Support - The NBS-5200 embeds Sonus'
field-hardened advanced PSX(TM) policy and routing engine, effectively
creating a turn-key session border control solution in a box. The
product can also be deployed in a network where a centralized policy
and routing engine already exist.
-- Signaling Interworking - The NBS-5200 has been tested to successfully
interoperate with a comprehensive list of PBXs, various SIP devices
and other ecosystem equipment in both access and peering SBC
configurations.
For further information on the NBS-5200, visit http://www.sonusnet.com.
About Sonus Networks
Sonus Networks, Inc. is a leader in IP networking with proven expertise in delivering secure, reliable and scalable next generation infrastructure and subscriber solutions. With customers in over 50 countries across the globe and over a decade of experience in transforming networks to IP, Sonus has enabled service providers and enterprises to capture and retain users and generate significant ROI. Sonus products include media and signaling gateways, policy/routing servers, session border controllers and subscriber feature servers. Sonus products are supported by a global services team with experience in design, deployment and maintenance of some of the world's largest and most complex IP networks. For more information visit http://www.sonusnet.com.
This release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to Item 1A "Risk Factors" of Sonus' Annual Report on Form 10-K for the year ended December 31, 2009 and all subsequent Quarterly Reports on Form 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements represent Sonus' views only as of today and should not be relied upon as representing Sonus' views as of any subsequent date. While Sonus may elect to update forward-looking statements at some point, Sonus specifically disclaims any obligation to do so, except as required by law.
Sonus is a registered trademark of Sonus Networks, Inc. All other company and product names may be trademarks of the respective companies with which they are associated.
For more information, please contact:
Aashu Virmani
978-614-8795
Source: Sonus Networks, Inc.
CONTACT: Aashu Virmani, +1-978-614-8795
Web Site: http://www.sonusnet.com/
Revelation Software Concepts Unveils New Apps-Based Software for Use With SAP(R) Technology
Poster: SySAdmin
Posted on May 17, 2010 at 7:07:01 AM
Revelation Software Concepts Unveils New Apps-Based Software for Use With SAP(R) Technology
Unprecedented free platform provides practical utility apps for developers and project teams working on SAP solution-based infrastructures
ORLANDO, Fla., May 17 -- Revelation Software Concepts Pty Ltd (RSC), an SAP® software partner and pioneer in change control technology, today introduced Salt(TM) in support of SAP solutions, a free application platform to power and deliver innovative software utilities or "apps" to developers, basis and other project team members. The initial collection of Salt apps will dramatically expand what team members can see and do when working on SAP solution-based systems via the native SAP GUI. RSC expects they will quickly become invaluable additions to a team's working tool kit.
Scheduled for release in early August, the plug-and-play Salt platform is easy to install, comes with an initial collection of useful apps and can be downloaded free of charge at http://www.saltapps.com. The platform connects to the customer's various SAP solution-based systems to provide a wealth of information and data via the Salt apps. Whenever the customer applies an update from the main Salt website, it will include any new additions to the Salt apps collection.
"Listening to customers, and understanding their needs, has been a priority for RSC since we introduced Rev-Trac® over 10 years ago," said David Drake, CEO and RSC founder. "We have found that user issues around managing infrastructures running SAP solutions tend to be common to all, so we set about creating a software solution to tackle these common issues."
The result is Salt, a supplementary utility platform for SAP solution-based infrastructures that periodically delivers high-quality apps to customers free of charge, or at a very low price point. Drake explains, "This exciting approach allows us to remove many obstacles that companies face while adopting our software to solve many common issues."
"Rev-Trac is about controlling changes to SAP software, and what's cool about the new Salt apps is, they're about quickly understanding SAP solution-based systems in their current states," commented Adam Cleversley, senior programmer at RSC. "They tell me what changes have been made as of today, and lots of other useful information. How did the changes get there, who made them, how much stale code do we still have? On a different scale, how well does our QA really mirror the state of our PRD? These are the kinds of questions Salt can answer in a snap for project teams. When you use these powerful little apps, you understand how cool they are."
The initial collection of Salt apps centers on "Change Intelligence for the Project Team" and is scheduled to include eight apps ranging from an external version repository to a lightning-fast code-search facility and a full landscape comparison utility. RSC plans additional useful apps for the Salt collection going forward, based on customer input. Starting in 2011, some new apps may be premium utilities with fee-based licenses, while others will be subscription-based.
Additional Salt apps will be announced primarily through social media and the Salt website as they are released in order to promote strong but informal communication between front-line project teams using SAP solutions and the RSC team tasked to fold new functions into the Salt platform and app set. User input will play a large part in determining what apps are developed and in what order they are released.
Some Salt apps will provide completely new functionality while others will simply offer faster or more convenient ways to accomplish specific, common tasks across all versions of SAP solutions. The initial set of Salt apps includes:
-- Version Vault: This mighty app continuously collects and indexes
versions of system objects and allows a user to browse and access any
system's hierarchy of objects and all known versions
-- Match Box: Instantly shows the differences between the various
versions of objects, or other objects and systems versions
-- Matrix: Shows a matrix-like table of objects highlighting differences
between existing systems and allows drilldown to the actual, specific
differences
-- Life Saver: Automatically takes periodic snapshots of unreleased
objects for an author to view, compare or salvage, even when the
original system is lost - a great rescue device
-- WIP Window: Shows all work in progress (WIP) - unreleased changes in
development as well as finished changes not yet moved to production
-- Cold Case: Identifies expensive work that may have been forgotten or
abandoned along the way, allowing users to save money (or just clean
up the development box)
-- Watch Bot: Set notification rules that monitor when nominated objects
are changed and set up alerts when changes are made directly in QA or
production
-- Code Ferret: Rapid, "Google like" searching of ABAP(TM) source code
across every connected SAP solution-based system.
The free Salt platform runs as a plug-and-play virtual appliance, a type of virtual machine. It will provide its app collection for free for up to three systems, a number that can be increased if needed at any time, with subscription licensing for additional systems available upon demand.
Three levels of subscription will be available:
1. Standard (free) - limited to three systems
2. Professional - up to 10 systems
3. Enterprise - up to 20 systems
More on Salt and its apps in support of SAP technology can be found at http://www.saltapps.com. Learn more by visiting RSC at the SAPPHIRE® NOW and ASUG Annual Conference in Orlando, May 16-19, booth No. 1014.
About Revelation Software Concepts
Revelation Software Concepts (RSC) specializes in change control management for use with SAP solutions, developing market-leading technology to reduce the risks and lower the costs of delivering changes into information systems. Since RSC was founded in 1997, some of the world's largest companies have come to rely upon its mature change control solutions. Its deep expertise and responsive support have made RSC the leading change-control specialist for SAP solution-based infrastructures around the globe. RSC is 100% SAP-focused and is an SAP software solution partner. Its flagship change control solution, Rev-Trac, is certified as powered by the SAP NetWeaver® technology platform. Rev-Trac supports change control for both ABAP(TM) and non-ABAP technologies, reflecting RSC's commitment to technologically innovative change control solutions that serve current market needs. For more information, visit http://www.xrsc.com/.
Source: Revelation Software Concepts
CONTACT: Diana Galli, diana.galli@xrsc.com, or Rick Porter, both of
Revelation Software Concepts, +61-3-9955 9700; or Gina Milani of Milani
Marketing & Public Relations, +1-650-685-5565, gina@milanimarketing.com, for
Revelation Software Concepts
Web Site: http://www.xrsc.com/
http://www.saltapps.com/
Unprecedented free platform provides practical utility apps for developers and project teams working on SAP solution-based infrastructures
ORLANDO, Fla., May 17 -- Revelation Software Concepts Pty Ltd (RSC), an SAP® software partner and pioneer in change control technology, today introduced Salt(TM) in support of SAP solutions, a free application platform to power and deliver innovative software utilities or "apps" to developers, basis and other project team members. The initial collection of Salt apps will dramatically expand what team members can see and do when working on SAP solution-based systems via the native SAP GUI. RSC expects they will quickly become invaluable additions to a team's working tool kit.
Scheduled for release in early August, the plug-and-play Salt platform is easy to install, comes with an initial collection of useful apps and can be downloaded free of charge at http://www.saltapps.com. The platform connects to the customer's various SAP solution-based systems to provide a wealth of information and data via the Salt apps. Whenever the customer applies an update from the main Salt website, it will include any new additions to the Salt apps collection.
"Listening to customers, and understanding their needs, has been a priority for RSC since we introduced Rev-Trac® over 10 years ago," said David Drake, CEO and RSC founder. "We have found that user issues around managing infrastructures running SAP solutions tend to be common to all, so we set about creating a software solution to tackle these common issues."
The result is Salt, a supplementary utility platform for SAP solution-based infrastructures that periodically delivers high-quality apps to customers free of charge, or at a very low price point. Drake explains, "This exciting approach allows us to remove many obstacles that companies face while adopting our software to solve many common issues."
"Rev-Trac is about controlling changes to SAP software, and what's cool about the new Salt apps is, they're about quickly understanding SAP solution-based systems in their current states," commented Adam Cleversley, senior programmer at RSC. "They tell me what changes have been made as of today, and lots of other useful information. How did the changes get there, who made them, how much stale code do we still have? On a different scale, how well does our QA really mirror the state of our PRD? These are the kinds of questions Salt can answer in a snap for project teams. When you use these powerful little apps, you understand how cool they are."
The initial collection of Salt apps centers on "Change Intelligence for the Project Team" and is scheduled to include eight apps ranging from an external version repository to a lightning-fast code-search facility and a full landscape comparison utility. RSC plans additional useful apps for the Salt collection going forward, based on customer input. Starting in 2011, some new apps may be premium utilities with fee-based licenses, while others will be subscription-based.
Additional Salt apps will be announced primarily through social media and the Salt website as they are released in order to promote strong but informal communication between front-line project teams using SAP solutions and the RSC team tasked to fold new functions into the Salt platform and app set. User input will play a large part in determining what apps are developed and in what order they are released.
Some Salt apps will provide completely new functionality while others will simply offer faster or more convenient ways to accomplish specific, common tasks across all versions of SAP solutions. The initial set of Salt apps includes:
-- Version Vault: This mighty app continuously collects and indexes
versions of system objects and allows a user to browse and access any
system's hierarchy of objects and all known versions
-- Match Box: Instantly shows the differences between the various
versions of objects, or other objects and systems versions
-- Matrix: Shows a matrix-like table of objects highlighting differences
between existing systems and allows drilldown to the actual, specific
differences
-- Life Saver: Automatically takes periodic snapshots of unreleased
objects for an author to view, compare or salvage, even when the
original system is lost - a great rescue device
-- WIP Window: Shows all work in progress (WIP) - unreleased changes in
development as well as finished changes not yet moved to production
-- Cold Case: Identifies expensive work that may have been forgotten or
abandoned along the way, allowing users to save money (or just clean
up the development box)
-- Watch Bot: Set notification rules that monitor when nominated objects
are changed and set up alerts when changes are made directly in QA or
production
-- Code Ferret: Rapid, "Google like" searching of ABAP(TM) source code
across every connected SAP solution-based system.
The free Salt platform runs as a plug-and-play virtual appliance, a type of virtual machine. It will provide its app collection for free for up to three systems, a number that can be increased if needed at any time, with subscription licensing for additional systems available upon demand.
Three levels of subscription will be available:
1. Standard (free) - limited to three systems
2. Professional - up to 10 systems
3. Enterprise - up to 20 systems
More on Salt and its apps in support of SAP technology can be found at http://www.saltapps.com. Learn more by visiting RSC at the SAPPHIRE® NOW and ASUG Annual Conference in Orlando, May 16-19, booth No. 1014.
About Revelation Software Concepts
Revelation Software Concepts (RSC) specializes in change control management for use with SAP solutions, developing market-leading technology to reduce the risks and lower the costs of delivering changes into information systems. Since RSC was founded in 1997, some of the world's largest companies have come to rely upon its mature change control solutions. Its deep expertise and responsive support have made RSC the leading change-control specialist for SAP solution-based infrastructures around the globe. RSC is 100% SAP-focused and is an SAP software solution partner. Its flagship change control solution, Rev-Trac, is certified as powered by the SAP NetWeaver® technology platform. Rev-Trac supports change control for both ABAP(TM) and non-ABAP technologies, reflecting RSC's commitment to technologically innovative change control solutions that serve current market needs. For more information, visit http://www.xrsc.com/.
Source: Revelation Software Concepts
CONTACT: Diana Galli, diana.galli@xrsc.com, or Rick Porter, both of
Revelation Software Concepts, +61-3-9955 9700; or Gina Milani of Milani
Marketing & Public Relations, +1-650-685-5565, gina@milanimarketing.com, for
Revelation Software Concepts
Web Site: http://www.xrsc.com/
http://www.saltapps.com/
DSP Group and Lantiq Complete Interoperability Testing for Home Gateways and Digital Cordless Handsets
Poster: SySAdmin
Posted on May 17, 2010 at 6:14:01 AM
DSP Group and Lantiq Complete Interoperability Testing for Home Gateways and Digital Cordless Handsets
Successful implementation of new CAT-iq 2.0 standard will speed availability of converged communications in the digital home
SAN JOSE, Calif. and NEUBIBERG, Germany, May 17 -- DSP Group, Inc.(TM) (NASDAQ:DSPG), a leading global provider of wireless chipset solutions for converged communications at home, and Lantiq, a leading company in next-generation access and home networking technologies, jointly announced the successful completion of interoperability testing based on the CAT-iq 2.0 (Cordless Advanced Technology: Internet and Quality) specification.
Recently adopted as an industry standard, CAT-iq 2.0 (http://www.cat-iq.org/) is a key technology to enable advanced communications and infotainment applications driven by IP-based gateways in the digital home. The standard meets the requirement for widespread availability of fully interoperable home gateways, access points and cordless handsets to deliver the best user experience possible.
"Industry cooperation is essential for the success of the CAT-iq standard," said Brian Robertson, President of DSP Group. "We are pleased to collaborate with competing companies to ensure that third-party interoperability is not just a possibility but is actually achieved. The future of converged communications is about giving consumers more choices and flexibility and we are fully committed to continuous innovation to make this vision a reality."
The joint testing included interoperability between cordless handsets and residential gateways and demonstrated an excellent user experience of diverse telephony functions including phonebook management, synchronized call lists and multi-line support. DSP Group and Lantiq's silicon and software solutions are deployed in many IP telephony and gateway products, including xDSL, cable, xPON and office PBX, providing multi-line and multi-handset control, natural wideband voice and advanced data services.
"Interoperability is a significant milestone in bringing the CAT-iq 2.0 specification to market and is the key to the standard's success," said Ulrich Huewels, SVP and GM of Business Unit CPE of Lantiq. "Lantiq has an extensive background in interop testing with competitors through its carrier engagements in voice and DSL, and with CAT-iq, we continue to pursue this path to ensure the future success of industry's new standard. Lantiq reinforces its commitment through its investment in the technology by embedding CAT-iq in all of its residential xDSL and Ethernet-based gateway devices."
About DSP Group
DSP Group, Inc. (NASDAQ:DSPG) is a leading global provider of wireless chipset solutions for converged communications at home. Delivering system solutions that combine semiconductors and software with reference designs, DSP Group enables consumer electronics (CE) manufacturers to cost-effectively develop new revenue-generating applications with fast time to market. At the forefront of semiconductor innovation and operational excellence for over two decades, and with a growing share of the wireless home telephony market, DSP Group provides a broad portfolio of wireless chipsets integrating DECT, Wi-Fi, PSTN and VoIP technologies with state-of-the-art application processors. Enabling converged voice, audio, video and data connectivity across diverse consumer products - from cordless and VoIP phones to home gateways and connected multimedia screens - DSP Group proactively partners with CE manufacturers to shape the future of converged communications at home. For more information, visit http://www.dspg.com.
About LANTIQ
Lantiq offers a broad and innovative product portfolio for next-generation networks and the digital home. The company has a global team of about 1,000 experts in Europe, North America, the Middle East and the Asia Pacific regions. The company is headquartered in Neubiberg just outside of Munich, Germany and specializes in broadband communications encompassing analog, digital and mixed-signal ICs along with comprehensive software suites. Lantiq is a fabless company and its semiconductor solutions are deployed by major carriers and in home networks in every region of the world. Further information is available at: http://www.lantiq.com
Source: Lantiq
CONTACT: Orly Garini-Dil, Marcom Manager, DSP Group, Inc.,
+1-408-240-6822, orly.garini@dspg.com, http://www.dspg.com; Monica Maron, Spicetree
Communications, +972-54-5429529, monica.maron@spicetreecom.com,
http://www.spicetreecom.com; Christoph von Schierstadt, Lantiq Media Relations
Europe, +49 (089) 89899 7556, Mobile: +49 160 96901486,
media-relations@lantiq.com, http://www.lantiq.com; or Sarah LaLiberte, Lantiq Media
Relations North America, +1-978-502-8558, sarah.laliberte@lantiq.com,
http://www.lantiq.com
Web Site: http://www.lantiq.com/
http://www.dspg.com/
Successful implementation of new CAT-iq 2.0 standard will speed availability of converged communications in the digital home
SAN JOSE, Calif. and NEUBIBERG, Germany, May 17 -- DSP Group, Inc.(TM) (NASDAQ:DSPG), a leading global provider of wireless chipset solutions for converged communications at home, and Lantiq, a leading company in next-generation access and home networking technologies, jointly announced the successful completion of interoperability testing based on the CAT-iq 2.0 (Cordless Advanced Technology: Internet and Quality) specification.
Recently adopted as an industry standard, CAT-iq 2.0 (http://www.cat-iq.org/) is a key technology to enable advanced communications and infotainment applications driven by IP-based gateways in the digital home. The standard meets the requirement for widespread availability of fully interoperable home gateways, access points and cordless handsets to deliver the best user experience possible.
"Industry cooperation is essential for the success of the CAT-iq standard," said Brian Robertson, President of DSP Group. "We are pleased to collaborate with competing companies to ensure that third-party interoperability is not just a possibility but is actually achieved. The future of converged communications is about giving consumers more choices and flexibility and we are fully committed to continuous innovation to make this vision a reality."
The joint testing included interoperability between cordless handsets and residential gateways and demonstrated an excellent user experience of diverse telephony functions including phonebook management, synchronized call lists and multi-line support. DSP Group and Lantiq's silicon and software solutions are deployed in many IP telephony and gateway products, including xDSL, cable, xPON and office PBX, providing multi-line and multi-handset control, natural wideband voice and advanced data services.
"Interoperability is a significant milestone in bringing the CAT-iq 2.0 specification to market and is the key to the standard's success," said Ulrich Huewels, SVP and GM of Business Unit CPE of Lantiq. "Lantiq has an extensive background in interop testing with competitors through its carrier engagements in voice and DSL, and with CAT-iq, we continue to pursue this path to ensure the future success of industry's new standard. Lantiq reinforces its commitment through its investment in the technology by embedding CAT-iq in all of its residential xDSL and Ethernet-based gateway devices."
About DSP Group
DSP Group, Inc. (NASDAQ:DSPG) is a leading global provider of wireless chipset solutions for converged communications at home. Delivering system solutions that combine semiconductors and software with reference designs, DSP Group enables consumer electronics (CE) manufacturers to cost-effectively develop new revenue-generating applications with fast time to market. At the forefront of semiconductor innovation and operational excellence for over two decades, and with a growing share of the wireless home telephony market, DSP Group provides a broad portfolio of wireless chipsets integrating DECT, Wi-Fi, PSTN and VoIP technologies with state-of-the-art application processors. Enabling converged voice, audio, video and data connectivity across diverse consumer products - from cordless and VoIP phones to home gateways and connected multimedia screens - DSP Group proactively partners with CE manufacturers to shape the future of converged communications at home. For more information, visit http://www.dspg.com.
About LANTIQ
Lantiq offers a broad and innovative product portfolio for next-generation networks and the digital home. The company has a global team of about 1,000 experts in Europe, North America, the Middle East and the Asia Pacific regions. The company is headquartered in Neubiberg just outside of Munich, Germany and specializes in broadband communications encompassing analog, digital and mixed-signal ICs along with comprehensive software suites. Lantiq is a fabless company and its semiconductor solutions are deployed by major carriers and in home networks in every region of the world. Further information is available at: http://www.lantiq.com
Source: Lantiq
CONTACT: Orly Garini-Dil, Marcom Manager, DSP Group, Inc.,
+1-408-240-6822, orly.garini@dspg.com, http://www.dspg.com; Monica Maron, Spicetree
Communications, +972-54-5429529, monica.maron@spicetreecom.com,
http://www.spicetreecom.com; Christoph von Schierstadt, Lantiq Media Relations
Europe, +49 (089) 89899 7556, Mobile: +49 160 96901486,
media-relations@lantiq.com, http://www.lantiq.com; or Sarah LaLiberte, Lantiq Media
Relations North America, +1-978-502-8558, sarah.laliberte@lantiq.com,
http://www.lantiq.com
Web Site: http://www.lantiq.com/
http://www.dspg.com/
Port of Los Angeles Implements NICE Situator Security Management Solution to Enhance Situational Awareness, Safety, and Security
Poster: SySAdmin
Posted on May 17, 2010 at 6:07:02 AM
Port of Los Angeles Implements NICE Situator Security Management Solution to Enhance Situational Awareness, Safety, and Security
Busiest U.S. Container Port and Prominent Cruise Ship Center Deploys NICE Solution for Integrated Command and Control; to Fuse, Correlate & Analyze Information From 16 security systems; and Enhance Inter-Agency Collaboration & Responsiveness
RA'ANANA, Israel, May 17, 2010-- NICE Systems Ltd. (NASDAQ: NICE), a leading global provider of advanced
solutions that enable enterprises and security organizations to extract
Insight from Interactions, transactions and surveillance to drive business
performance, reduce risk and ensure safety, today announced that the Port or
Los Angeles has begun implementation of NICE Situator, an open platform
situation management solution. The NICE solution will provide an integrated
command and control platform to fuse, correlate and analyze information
across disparate security systems. In addition, it will enhance inter-agency
collaboration and response capabilities for the Port of Los Angeles.
The Port of Los Angeles is the busiest container port in the United
States and one of the largest cruise ship centers on the U.S. West Coast,
transporting more than 850,000 passengers annually. NICE Situator will help
the Port improve its situational awareness and incident response capabilities
to ensure the safety and security of passengers and continuity of operations,
by fusing siloed systems into an integrated command and control platform, and
by correlating and analyzing these different sources of security information.
Through its integration capabilities, NICE Situator will also seamlessly
connect the Port of Los Angeles with external agencies to enhance the Port's
ability to collaborate, share information and respond to incidents. In
addition, the Port will use Situator to automate its response plans for
managing incidents, ensuring that standard operating procedures and best
practices are always followed. All activity that is managed through NICE
Situator is also logged by the system, so Port officials will be able to see
what actions were taken, under what conditions, when and by whom.
"Security is unquestionably a top priority for us," said Julia Kirwan,
the Port Police Technology Manager for the Port of Los Angeles. "NICE
Situator enhances our security capabilities by connecting the dots across all
of our available information sources, and by streamlining and coordinating
our response actions. It facilitates operational response so that field
personnel and incident commanders know what's happening and what to do."
"We are very honored to have been selected by The Port of Los Angeles for
this important security project," said Chris Wooten, President, NICE Security
Americas. "The Port of Los Angeles is well-known for its progressive security
measures. The addition of NICE Situator, along with NICE's market leading
domain expertise in securing ports, will help the Port leverage all of its
security technologies and resources to the fullest to ensure the safety and
security of the Port and its millions of passengers."
NICE Situator is a situation management software platform that enables
automatic situation planning, response and analysis in real time, as well as
thorough post incident reviews and investigations. NICE Situator integrates
to a wide array of sensors and security systems, analyzing and correlating
information to help organizations connect the dots and improve situational
awareness, incident response and decision-making. NICE Situator's generic
gateways and open architecture make it possible to integrate to virtually any
existing or future security device, system, or data source. Organizations
that deploy NICE Situator are not constrained to specific types or brands of
security solutions but rather can chose the solutions that best satisfy their
security needs. With NICE Situator, organizations can fuse many different
types of security devices and systems into a unified platform, including:
access control, video systems, perimeter intrusion sensors, location tracking
(RFID, GPS), panic buttons, environmental sensors, communication devices, and
much more. Through this integration, NICE Situator is able to present a
Common Operating Picture (COP), with real-time alerts and information from
all integrated systems displayed on an intuitive multi-Iayered Geographical
Information System (GIS)-based interface, enabling security operators to
continuously monitor and interact with systems, people and assets for a
higher level of situational awareness. NICE Situator also provides a
framework for automating complex response workflows and standard operating
procedures (SOPs).
About the Port of Los Angeles
The Port of Los Angeles, Southern California's gateway to international
commerce, is located in San Pedro Bay, just 20 miles south of downtown Los
Angeles. This booming seaport is the nation's largest container seaport and
is also known for its groundbreaking environmental initiatives, progressive
security measures and diverse recreational and educational facilities. A
department of the City of Los Angeles, the Port of Los Angeles encompasses
7500 acres, 43 miles of waterfront and features 27 cargo terminals, including
dry and liquid bulk, container, breakbulk, automobile and omni facilities.
Combined, these terminals handle more than 157 million metric revenue tons of
cargo annually. In 2009, the Port moved an impressive 6.7 million TEUs. The
Port is the busiest port in the United States by container volume, the 16th
busiest container port in the world and the 7th busiest internationally when
combined with the neighboring Port of Long Beach. The Port of Los Angeles is
among the largest cruise ship centers on the West Coast of the United States
and contains three ship berths transporting over 850,000 passengers annually.
The newly renovated World Cruise Center is claimed to be "the nation's most
secure cruise passenger complex." As the leading seaport in North America in
terms of shipping container volume and cargo value, the Port generates 1.1
million jobs in California and $21.5 billion in tax revenue throughout the
United States. More information at http://www.portoflosangeles.org.
About NICE Systems
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from
Interactions solutions and value-added services, powered by advanced
analytics of unstructured multimedia content - from telephony, web, radio and
video communications. NICE's solutions address the needs of the enterprise
and security markets, enabling organizations to operate in an insightful and
proactive manner, and take immediate action to improve business and
operational performance and ensure safety and security. NICE has over 24,000
customers in more than 150 countries, including more than 80 of the Fortune
100 companies. More information is available at http://www.nice.com.
Trademark Note: 360 degree View, Alpha, ACTIMIZE, Actimize
logo, Customer Feedback, Dispatcher Assessment, Encorder, eNiceLink,
Executive Connect, Executive Insight, FAST, FAST alpha Blue, FAST alpha
Silver, FAST Video Security, Freedom, Freedom Connect, IEX, Interaction
Capture Unit, Insight from Interactions, Investigator, Last Message Replay,
Mirra, My Universe, NICE, NICE logo, NICE Analyzer, NiceCall, NiceCall Focus,
NiceCLS, NICE Inform, NICE Learning, NiceLog, NICE Perform, NiceScreen, NICE
SmartCenter, NICE Storage Center, NiceTrack, NiceUniverse, NiceUniverse
Compact, NiceVision, NiceVision Alto, NiceVision Analytics, NiceVision
ControlCenter, NiceVision Digital, NiceVision Harmony, NiceVision Mobile,
NiceVision Net, NiceVision NVSAT, NiceVision Pro, Performix, Playback
Organizer, Renaissance, Scenario Replay, ScreenSense, Tienna, TotalNet,
TotalView, Universe, Wordnet are trademarks and/or registered trademarks of
NICE Systems Ltd. All other trademarks are the property of their respective
owners.
Forward-Looking Statements
This press release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements, including the statements by Messer Wooten, are
based on the current expectations of the management of NICE-Systems Ltd. (the
Company) only, and are subject to a number of risks and uncertainties that
could cause the actual results or performance of the Company to differ
materially from those described herein, including but not limited to the
impact of the global economic environment on the Company's customer base
(particularly financial services firms) and the resulting uncertainties;
changes in technology and market requirements; decline in demand for the
Company's products; inability to timely develop and introduce new
technologies, products and applications; difficulties or delays in absorbing
and integrating acquired operations, products, technologies and personnel;
loss of market share; pressure on pricing resulting from competition; and
inability to maintain certain marketing and distribution arrangements. For a
more detailed description of the risk factors and uncertainties affecting the
company, refer to the Company's reports filed from time to time with the
Securities and Exchange Commission, including the Company's Annual Report on
Form 20-F. The forward-looking statements contained in this press release are
made as of the date of this press release, and the Company undertakes no
obligation to update or revise them, except as required by law.
Corporate Media
Galit Belkind
NICE Systems
+1-877-245-7448
galit.belkind@nice.com
Investors
Daphna Golden
NICE Systems
+1-877-245-7449
ir@nice.com
Source: Nice Systems Ltd.
Corporate Media: Galit Belkind, NICE Systems, +1-877-245-7448, galit.belkind@nice.com ; Investors, Daphna Golden, NICE Systems, +1-877-245-7449, ir@nice.com
Busiest U.S. Container Port and Prominent Cruise Ship Center Deploys NICE Solution for Integrated Command and Control; to Fuse, Correlate & Analyze Information From 16 security systems; and Enhance Inter-Agency Collaboration & Responsiveness
RA'ANANA, Israel, May 17, 2010-- NICE Systems Ltd. (NASDAQ: NICE), a leading global provider of advanced
solutions that enable enterprises and security organizations to extract
Insight from Interactions, transactions and surveillance to drive business
performance, reduce risk and ensure safety, today announced that the Port or
Los Angeles has begun implementation of NICE Situator, an open platform
situation management solution. The NICE solution will provide an integrated
command and control platform to fuse, correlate and analyze information
across disparate security systems. In addition, it will enhance inter-agency
collaboration and response capabilities for the Port of Los Angeles.
The Port of Los Angeles is the busiest container port in the United
States and one of the largest cruise ship centers on the U.S. West Coast,
transporting more than 850,000 passengers annually. NICE Situator will help
the Port improve its situational awareness and incident response capabilities
to ensure the safety and security of passengers and continuity of operations,
by fusing siloed systems into an integrated command and control platform, and
by correlating and analyzing these different sources of security information.
Through its integration capabilities, NICE Situator will also seamlessly
connect the Port of Los Angeles with external agencies to enhance the Port's
ability to collaborate, share information and respond to incidents. In
addition, the Port will use Situator to automate its response plans for
managing incidents, ensuring that standard operating procedures and best
practices are always followed. All activity that is managed through NICE
Situator is also logged by the system, so Port officials will be able to see
what actions were taken, under what conditions, when and by whom.
"Security is unquestionably a top priority for us," said Julia Kirwan,
the Port Police Technology Manager for the Port of Los Angeles. "NICE
Situator enhances our security capabilities by connecting the dots across all
of our available information sources, and by streamlining and coordinating
our response actions. It facilitates operational response so that field
personnel and incident commanders know what's happening and what to do."
"We are very honored to have been selected by The Port of Los Angeles for
this important security project," said Chris Wooten, President, NICE Security
Americas. "The Port of Los Angeles is well-known for its progressive security
measures. The addition of NICE Situator, along with NICE's market leading
domain expertise in securing ports, will help the Port leverage all of its
security technologies and resources to the fullest to ensure the safety and
security of the Port and its millions of passengers."
NICE Situator is a situation management software platform that enables
automatic situation planning, response and analysis in real time, as well as
thorough post incident reviews and investigations. NICE Situator integrates
to a wide array of sensors and security systems, analyzing and correlating
information to help organizations connect the dots and improve situational
awareness, incident response and decision-making. NICE Situator's generic
gateways and open architecture make it possible to integrate to virtually any
existing or future security device, system, or data source. Organizations
that deploy NICE Situator are not constrained to specific types or brands of
security solutions but rather can chose the solutions that best satisfy their
security needs. With NICE Situator, organizations can fuse many different
types of security devices and systems into a unified platform, including:
access control, video systems, perimeter intrusion sensors, location tracking
(RFID, GPS), panic buttons, environmental sensors, communication devices, and
much more. Through this integration, NICE Situator is able to present a
Common Operating Picture (COP), with real-time alerts and information from
all integrated systems displayed on an intuitive multi-Iayered Geographical
Information System (GIS)-based interface, enabling security operators to
continuously monitor and interact with systems, people and assets for a
higher level of situational awareness. NICE Situator also provides a
framework for automating complex response workflows and standard operating
procedures (SOPs).
About the Port of Los Angeles
The Port of Los Angeles, Southern California's gateway to international
commerce, is located in San Pedro Bay, just 20 miles south of downtown Los
Angeles. This booming seaport is the nation's largest container seaport and
is also known for its groundbreaking environmental initiatives, progressive
security measures and diverse recreational and educational facilities. A
department of the City of Los Angeles, the Port of Los Angeles encompasses
7500 acres, 43 miles of waterfront and features 27 cargo terminals, including
dry and liquid bulk, container, breakbulk, automobile and omni facilities.
Combined, these terminals handle more than 157 million metric revenue tons of
cargo annually. In 2009, the Port moved an impressive 6.7 million TEUs. The
Port is the busiest port in the United States by container volume, the 16th
busiest container port in the world and the 7th busiest internationally when
combined with the neighboring Port of Long Beach. The Port of Los Angeles is
among the largest cruise ship centers on the West Coast of the United States
and contains three ship berths transporting over 850,000 passengers annually.
The newly renovated World Cruise Center is claimed to be "the nation's most
secure cruise passenger complex." As the leading seaport in North America in
terms of shipping container volume and cargo value, the Port generates 1.1
million jobs in California and $21.5 billion in tax revenue throughout the
United States. More information at http://www.portoflosangeles.org.
About NICE Systems
NICE Systems (NASDAQ: NICE) is the leading provider of Insight from
Interactions solutions and value-added services, powered by advanced
analytics of unstructured multimedia content - from telephony, web, radio and
video communications. NICE's solutions address the needs of the enterprise
and security markets, enabling organizations to operate in an insightful and
proactive manner, and take immediate action to improve business and
operational performance and ensure safety and security. NICE has over 24,000
customers in more than 150 countries, including more than 80 of the Fortune
100 companies. More information is available at http://www.nice.com.
Trademark Note: 360 degree View, Alpha, ACTIMIZE, Actimize
logo, Customer Feedback, Dispatcher Assessment, Encorder, eNiceLink,
Executive Connect, Executive Insight, FAST, FAST alpha Blue, FAST alpha
Silver, FAST Video Security, Freedom, Freedom Connect, IEX, Interaction
Capture Unit, Insight from Interactions, Investigator, Last Message Replay,
Mirra, My Universe, NICE, NICE logo, NICE Analyzer, NiceCall, NiceCall Focus,
NiceCLS, NICE Inform, NICE Learning, NiceLog, NICE Perform, NiceScreen, NICE
SmartCenter, NICE Storage Center, NiceTrack, NiceUniverse, NiceUniverse
Compact, NiceVision, NiceVision Alto, NiceVision Analytics, NiceVision
ControlCenter, NiceVision Digital, NiceVision Harmony, NiceVision Mobile,
NiceVision Net, NiceVision NVSAT, NiceVision Pro, Performix, Playback
Organizer, Renaissance, Scenario Replay, ScreenSense, Tienna, TotalNet,
TotalView, Universe, Wordnet are trademarks and/or registered trademarks of
NICE Systems Ltd. All other trademarks are the property of their respective
owners.
Forward-Looking Statements
This press release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements, including the statements by Messer Wooten, are
based on the current expectations of the management of NICE-Systems Ltd. (the
Company) only, and are subject to a number of risks and uncertainties that
could cause the actual results or performance of the Company to differ
materially from those described herein, including but not limited to the
impact of the global economic environment on the Company's customer base
(particularly financial services firms) and the resulting uncertainties;
changes in technology and market requirements; decline in demand for the
Company's products; inability to timely develop and introduce new
technologies, products and applications; difficulties or delays in absorbing
and integrating acquired operations, products, technologies and personnel;
loss of market share; pressure on pricing resulting from competition; and
inability to maintain certain marketing and distribution arrangements. For a
more detailed description of the risk factors and uncertainties affecting the
company, refer to the Company's reports filed from time to time with the
Securities and Exchange Commission, including the Company's Annual Report on
Form 20-F. The forward-looking statements contained in this press release are
made as of the date of this press release, and the Company undertakes no
obligation to update or revise them, except as required by law.
Corporate Media
Galit Belkind
NICE Systems
+1-877-245-7448
galit.belkind@nice.com
Investors
Daphna Golden
NICE Systems
+1-877-245-7449
ir@nice.com
Source: Nice Systems Ltd.
Corporate Media: Galit Belkind, NICE Systems, +1-877-245-7448, galit.belkind@nice.com ; Investors, Daphna Golden, NICE Systems, +1-877-245-7449, ir@nice.com
The 2010 Licensing International Expo to Stream Live From the Show Floor
Poster: SySAdmin
Posted on May 17, 2010 at 5:35:01 AM
The 2010 Licensing International Expo to Stream Live From the Show Floor
The World's Brand and Property Marketplace Invites the World to Watch
LAS VEGAS, May 17 -- Licensing International Expo, the world's leading marketplace for buying and selling intellectual property rights, announced today it will open the expo to the world, virtually with internet streaming and content captured from the expo held June 8-10 at the Mandalay Bay Convention Center in Las Vegas, NV.
(Photo: http://photos.prnewswire.com/prnh/20100517/LA05562)
(Photo: http://www.newscom.com/cgi-bin/prnh/20100517/LA05562)
Licensing International Expo is celebrating 30 years of bringing together top-level consumer products, licensing, retail and manufacturing executives to discover new brands and revenue generating opportunities. Licensing International Expo's Las Vegas venue provides a vast show floor with 400 exhibitors over 400,000 square feet and an all-inclusive, campus-like atmosphere for the three-day event.
On June 8th and 9th, 2010 between 10:45am and 1:45pm PDT, live streams and content will be shared globally at http://www.ustream.tv/licensingexpo. You may also visit us on Facebook at http://www.facebook.com/licensinginternationalexpo. Licensing International Expo's Media Stream Center will broadcast live interviews from the showroom floor as well as footage from around the event and will allow exhibitors to deliver key brand messages to a broader audience.
"This is a very compelling way to showcase our customers and their brands to over 100,000 media outlets from around the world," says Liz Crawford, Show Director of Licensing International Expo. "With the caliber of exhibiting companies we have on the show floor, as well as the brands they represent, we feel the added exposure for them is incredibly valuable to their own marketing and sales objectives. The power this one trade show holds regarding what consumers ultimately buy at retail is a driving force in a global economy."
Exhibitors will be showcased in live interviews from the Media Stream Center during the first two days of the show. "Our goal is to give people an inside look at Licensing International Expo and offer compelling content that is both informative and entertaining. We will produce a Web TV style show to audiences around the globe," says Mark Shockley - President of Evolution Los Angeles, a Digital Production company based out of Santa Monica, CA.
Additionally, to deliver more content to a broader audience, video as well as other media/consumer assets, still photos, quotes, etc. will be made available online via Evolution's proprietary Multimedia news site, MNRwire.com. This gives exhibitors unique exposure for their messages and allows a global audience to experience the energy and the buzz of the tradeshow.
About Licensing International Expo
Celebrating its 30th year, Licensing International Expo is the most established licensing event in the world. The show's appeal brings together top- level retail and manufacturing executives from more than 82 countries who look to Licensing International Expo to discover new brands and revenue generating opportunities. This year's show will take place June 8-10 at the Mandalay Bay Convention Center in Las Vegas. For more information please visit http://www.licensingexpo.com.
About LIMA
Founded in 1985, LIMA is the worldwide trade organization for the licensing industry. LIMA's main objective is to work together with licensors and licensees for the advancement of professionalism in licensing through research, national and international seminars, trade events and publications. With members in 35 countries, and offices in New York, London, Munich, Tokyo, Shanghai and Hong Kong, members enjoy access to a wide variety of activities, information and benefits. LIMA is a proud sponsor of Licensing International Expo. For more information please visit http://www.licensing.org
Contact: Talia Loggia, Licensing International Expo / 818.227.4448 / tloggia@advanstar.com
Photo: http://www.newscom.com/cgi-bin/prnh/20100517/LA05562
http://photos.prnewswire.com/prnh/20100517/LA05562
PRN Photo Desk, photodesk@prnewswire.com
Source: Licensing International Expo
CONTACT: Talia Loggia for Licensing International Expo, +1-818-227-4448,
tloggia@advanstar.com
Web Site: http://www.licensingexpo.com/
The World's Brand and Property Marketplace Invites the World to Watch
LAS VEGAS, May 17 -- Licensing International Expo, the world's leading marketplace for buying and selling intellectual property rights, announced today it will open the expo to the world, virtually with internet streaming and content captured from the expo held June 8-10 at the Mandalay Bay Convention Center in Las Vegas, NV.
(Photo: http://photos.prnewswire.com/prnh/20100517/LA05562)
(Photo: http://www.newscom.com/cgi-bin/prnh/20100517/LA05562)
Licensing International Expo is celebrating 30 years of bringing together top-level consumer products, licensing, retail and manufacturing executives to discover new brands and revenue generating opportunities. Licensing International Expo's Las Vegas venue provides a vast show floor with 400 exhibitors over 400,000 square feet and an all-inclusive, campus-like atmosphere for the three-day event.
On June 8th and 9th, 2010 between 10:45am and 1:45pm PDT, live streams and content will be shared globally at http://www.ustream.tv/licensingexpo. You may also visit us on Facebook at http://www.facebook.com/licensinginternationalexpo. Licensing International Expo's Media Stream Center will broadcast live interviews from the showroom floor as well as footage from around the event and will allow exhibitors to deliver key brand messages to a broader audience.
"This is a very compelling way to showcase our customers and their brands to over 100,000 media outlets from around the world," says Liz Crawford, Show Director of Licensing International Expo. "With the caliber of exhibiting companies we have on the show floor, as well as the brands they represent, we feel the added exposure for them is incredibly valuable to their own marketing and sales objectives. The power this one trade show holds regarding what consumers ultimately buy at retail is a driving force in a global economy."
Exhibitors will be showcased in live interviews from the Media Stream Center during the first two days of the show. "Our goal is to give people an inside look at Licensing International Expo and offer compelling content that is both informative and entertaining. We will produce a Web TV style show to audiences around the globe," says Mark Shockley - President of Evolution Los Angeles, a Digital Production company based out of Santa Monica, CA.
Additionally, to deliver more content to a broader audience, video as well as other media/consumer assets, still photos, quotes, etc. will be made available online via Evolution's proprietary Multimedia news site, MNRwire.com. This gives exhibitors unique exposure for their messages and allows a global audience to experience the energy and the buzz of the tradeshow.
About Licensing International Expo
Celebrating its 30th year, Licensing International Expo is the most established licensing event in the world. The show's appeal brings together top- level retail and manufacturing executives from more than 82 countries who look to Licensing International Expo to discover new brands and revenue generating opportunities. This year's show will take place June 8-10 at the Mandalay Bay Convention Center in Las Vegas. For more information please visit http://www.licensingexpo.com.
About LIMA
Founded in 1985, LIMA is the worldwide trade organization for the licensing industry. LIMA's main objective is to work together with licensors and licensees for the advancement of professionalism in licensing through research, national and international seminars, trade events and publications. With members in 35 countries, and offices in New York, London, Munich, Tokyo, Shanghai and Hong Kong, members enjoy access to a wide variety of activities, information and benefits. LIMA is a proud sponsor of Licensing International Expo. For more information please visit http://www.licensing.org
Contact: Talia Loggia, Licensing International Expo / 818.227.4448 / tloggia@advanstar.com
Photo: http://www.newscom.com/cgi-bin/prnh/20100517/LA05562
http://photos.prnewswire.com/prnh/20100517/LA05562
PRN Photo Desk, photodesk@prnewswire.com
Source: Licensing International Expo
CONTACT: Talia Loggia for Licensing International Expo, +1-818-227-4448,
tloggia@advanstar.com
Web Site: http://www.licensingexpo.com/
Maxatec Relaunch the MT-200 Receipt Printer
Poster: SySAdmin
Posted on May 17, 2010 at 4:28:01 AM
Maxatec Relaunch the MT-200 Receipt Printer
ALTRINCHAM, England, May 17 -- The new and upgraded Maxatec MT-200 is a high performance direct thermal receipt printer with a printing speed of 200mm per second. With complete ease-of-use, drop-in paper loading and adjustable (50 to 82.5 mm) paper widths, the new MT-200 offers a fully flexible receipt printer suitable for high volume receipt printing applications in the retail and hospitality sectors.
Andrea Percival, managing director of Maxatec said: 'The single station receipt printing market is extremely competitive, and we are constantly looking at our product set to ensure that it remains well specified, quality assured as well as being pitched at the right price point. We took a long look at the existing product offering and decided that the new MT-200 could bring together a higher specification and a lower price for our customers. Basically they get more for less. As with the MT-150, the new and upgraded MT-200 is easy to use, compact and powerful, offering users a first class product at an economical price, and backed by a 2 year warranty. We will continue to ship the MT-150 but we anticipate that customers will gradually migrate over to the MT-200.'
The MT-200 is easy to integrate into existing applications with plug and play features. The small footprint creates a truly compact, economical and powerful printer - with high speed printing of easy-to-read receipts with logos, bar codes, coupons and marketing messages. Complemented by a full driver suite - Windows® Printer Driver (XP, 2000, 2003, WEPOS), OPOS(TM) and Linux, the MT-200 comes with a USB interface as standard, and is also available with additional interfaces: RS232, IEEE 1284 (parallel), Ethernet, and WiFi 802.11b. Additional features include; spill-proof lid, logo and firmware download utility and integrated wall-mount feature and recessed cables.
For more information about the MT-200 visit the Maxatec site: http://www.maxatec-europe.com/press/2010/05/maxatec-mt-200-receipt-printer
About Maxatec
Maxatec is an ISO 9001:2008 certified Value Added Supplier of Specialist IT Hardware and Services to the Auto ID, POS and Mobile markets. As well as offering own brand products, Maxatec's product portfolio includes CognitiveTPG point of sale and bar code label printers, Barcode & Label Printers NCR POS terminals, Extech portable receipt printers, TSC industrial label printers, Zebex bar code scanners, MMF cash drawers, FlexPOS POS terminals, and Firich (FEC) Touch screens and SAMMI mobile computing devices.
Maxatec also offers software and services including NiceLabel label design package, and a wide range of consumables (paper, labels, and ribbons), spare parts and in-house and on-site service capabilities.
The Maxatec brand is synonymous with high standards of service as well as high performance, high quality products.
For more information about Maxatec:
Tel: +44 (0) 161 942 7850
Fax +44 (0) 161 927 7664
info@maxatec-europe.com
Source: Maxatec Europe
CONTACT: For more information about Maxatec, Tel: +44 (0) 161 942 7850,
Fax +44 (0) 161 927 7664, info@maxatec-europe.com
Web Site: http://www.maxatec-europe.com/
ALTRINCHAM, England, May 17 -- The new and upgraded Maxatec MT-200 is a high performance direct thermal receipt printer with a printing speed of 200mm per second. With complete ease-of-use, drop-in paper loading and adjustable (50 to 82.5 mm) paper widths, the new MT-200 offers a fully flexible receipt printer suitable for high volume receipt printing applications in the retail and hospitality sectors.
Andrea Percival, managing director of Maxatec said: 'The single station receipt printing market is extremely competitive, and we are constantly looking at our product set to ensure that it remains well specified, quality assured as well as being pitched at the right price point. We took a long look at the existing product offering and decided that the new MT-200 could bring together a higher specification and a lower price for our customers. Basically they get more for less. As with the MT-150, the new and upgraded MT-200 is easy to use, compact and powerful, offering users a first class product at an economical price, and backed by a 2 year warranty. We will continue to ship the MT-150 but we anticipate that customers will gradually migrate over to the MT-200.'
The MT-200 is easy to integrate into existing applications with plug and play features. The small footprint creates a truly compact, economical and powerful printer - with high speed printing of easy-to-read receipts with logos, bar codes, coupons and marketing messages. Complemented by a full driver suite - Windows® Printer Driver (XP, 2000, 2003, WEPOS), OPOS(TM) and Linux, the MT-200 comes with a USB interface as standard, and is also available with additional interfaces: RS232, IEEE 1284 (parallel), Ethernet, and WiFi 802.11b. Additional features include; spill-proof lid, logo and firmware download utility and integrated wall-mount feature and recessed cables.
For more information about the MT-200 visit the Maxatec site: http://www.maxatec-europe.com/press/2010/05/maxatec-mt-200-receipt-printer
About Maxatec
Maxatec is an ISO 9001:2008 certified Value Added Supplier of Specialist IT Hardware and Services to the Auto ID, POS and Mobile markets. As well as offering own brand products, Maxatec's product portfolio includes CognitiveTPG point of sale and bar code label printers, Barcode & Label Printers NCR POS terminals, Extech portable receipt printers, TSC industrial label printers, Zebex bar code scanners, MMF cash drawers, FlexPOS POS terminals, and Firich (FEC) Touch screens and SAMMI mobile computing devices.
Maxatec also offers software and services including NiceLabel label design package, and a wide range of consumables (paper, labels, and ribbons), spare parts and in-house and on-site service capabilities.
The Maxatec brand is synonymous with high standards of service as well as high performance, high quality products.
For more information about Maxatec:
Tel: +44 (0) 161 942 7850
Fax +44 (0) 161 927 7664
info@maxatec-europe.com
Source: Maxatec Europe
CONTACT: For more information about Maxatec, Tel: +44 (0) 161 942 7850,
Fax +44 (0) 161 927 7664, info@maxatec-europe.com
Web Site: http://www.maxatec-europe.com/
Ceragon Helps Ergon Energy Build Wireless Infrastructure to Support Power Line Applications in Queensland, Australia
Poster: SySAdmin
Posted on May 17, 2010 at 4:21:01 AM
Ceragon Helps Ergon Energy Build Wireless Infrastructure to Support Power Line Applications in Queensland, Australia
TEL AVIV, Israel, May 17, 2010-- Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), the provider of
high-capacity, 4G/LTE-Ready wireless backhaul networks, today announced that
Ergon Energy Corporation Limited, an electricity distribution company in
Queensland, Australia, is deploying Ceragon's advanced FibeAir(R) solutions
in a high-capacity microwave/fiber hybrid network spanning large parts of
Queensland.
Ergon Energy provides high-voltage powerline infrastructure to distribute
electricity to regional centers throughout Queensland. Equipment orders for
the first two phases of the project are valued at more than $1 million in
revenue.
Ergon Energy's new telecommunications network is based on a hybrid
fiber/microwave architecture and supports a mix of SDH and IP data traffic.
Ceragon's leading edge FibeAir platforms, including FibeAir 3200T all-indoor
solution, the FibeAir 1500R and FibeAir IP-10, will help Ergon Energy enhance
the capacity and functionality of the wireless portion of its network.
Ceragon solutions will enable applications such as network protection
switching, metering and intelligent monitoring, storage and disaster recovery
and high-speed communication across multiple sites.
ATI Australia, one of Ceragon's leading distributors in Australia,
performed the design and microwave equipment supply for this project.
"Putting in place a high-performance communication infrastructure is an
essential ingredient in our maintenance of a world-class power distribution
network," said Ergon Energy's Group Manager Telecommunications Andrew Deme.
Ergon Energy owns and manages the electricity distribution network in
Queensland's regional areas. The company's powerlines stretch 150,000km,
supplying electricity to more than 650,000 residential, industrial and
commercial customers. Ergon Energy also owns and operates 34 stand-alone
power stations that provide supply to isolated communities across Queensland
not connected to the main electricity grid.
"We are very happy to be selected by a forward thinking company such as
Ergon Energy," said Ira Palti, President and Chief Executive Officer of
Ceragon. "Utility companies all over the world are moving towards smart grid
technology, which also requires an intelligent backhaul infrastructure.
Wireless solutions, such as our high-capacity platforms, can be deployed more
quickly and cost effectively than wireline alternatives. Once the network is
in place, it can also be used to transport so-called traditional services
such as high-speed internet, video, voice and more."
Ceragon's FibeAir solutions family allows for a wide range of
implementations and service support.
- FibeAir IP-10 combines IP and TDM networking and feature an integrated
Ethernet switch, optional stackable radios with TDM cross-connect for
nodal site applications, and advanced service management and Operation
Administration & Maintenance (OAM) tools. Coupled with Ceragon's
powerful radios for high reliability and unmatched system gain, the
solution can be deployed in all-indoor, all-outdoor and split-mount
configurations.
- FibeAir 3200T is a multi-radio All-Indoor solution featuring N+1
switching protection, embedded space diversity, and ultra high
transmission power.
- FibeAir 1500R is ideal for a broad range of network applications with
an upgradeable capacity range of 45 to 622 Mbps.
About Ergon Energy
Ergon Energy, is a Queensland Government Owned Corporation, committed to
delivering sustainable, quality energy solutions. With a total asset base of
$8 billion, and more than 4500 employees, Ergon Energy Corporation Limited is
a major Queensland company. It services more than 650,000 customers across
regional Queensland, from the rapidly burgeoning coastal and rural population
centres to the remote communities of outback Queensland and the Torres
Strait. Its franchise service area extends across 97% of Queensland - around
1.7 million square kilometres. Ergon Energy's electricity network consists of
around 150,000 kilometres of powerlines and one million power poles, along
with associated infrastructure, such as major substations and power
transformers. It owns and operates 34 stand-alone power stations that provide
supply to isolated communities across Queensland. Ergon Energy is one of
Australia's largest purchasers of renewable energy and is actively involved
in alternative energy generation solutions. More information is available at:
http://www.ergon.com.au/
About ATI Australia
ATI Australia is the region's leader in design, supply, installation and
maintenance of microwave radio systems. ATI's products and services are
utilized across Australia, New Zealand, Papua New Guinea and the Pacific,
covering metro, regional and remote areas. More information is available at:
http://www.atiaust.com.au/
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) provides high capacity,
LTE/4G-ready wireless backhaul networks that enable mobile and traditional
telecom service providers as well as private network operators to deliver
voice and premium data services, including Internet browsing, music and video
applications. Designed to enable risk-free migration from TDM to IP,
Ceragon's microwave solutions provide fiber-like connectivity and support all
wireless access technologies, including GSM, CDMA, EV-DO, HSPA, LTE and
WiMAX. These solutions allow wireless service providers to cost effectively
build-out and scale their infrastructure to meet the increasing demands for
premium data services. Ceragon also provides its solutions to businesses and
public institutions that operate their own private communications networks.
Ceragon's solutions are deployed by more than 150 service providers of all
sizes, as well as in hundreds of private networks, in nearly 100 countries.
More information is available at http://www.ceragon.com
Ceragon Networks(R), CeraView(R), FibeAir(R), the FibeAir(R) design mark
and Native2(R) are registered trademarks., and Ceragon(TM), PolyView(TM),
ConfigAir(TM), CeraMon(TM), EtherAir(TM), QuickAir(TM), QuickAir Partner
Program(TM), QuickAir Partner Certification Program(TM), QuickAir Partner
Zone(TM), EncryptAir(TM) and Microwave Fiber(TM) are trademarks of Ceragon
Networks Ltd.
This press release may contain statements concerning Ceragon's future
prospects that are "forward-looking statements" under the Private Securities
Litigation Reform Act of 1995. These statements are based on current
expectations and projections that involve a number of risks and
uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and
estimates. These are important factors that could cause actual results to
differ materially from forecasts and estimates. These risks and
uncertainties, as well as others, are discussed in greater detail in
Ceragon's Annual Report on Form 20-F and Ceragon's other filings with the
Securities and Exchange Commission. Forward-looking statements speak only as
of the date on which they are made and Ceragon undertakes no commitment to
revise or update any forward-looking statement in order to reflect events or
circumstances after the date any such statement is made.
Company and Investor Contact: Media Contact:
Yoel Knoll Karen Quatromoni
Ceragon Networks Ltd. Rainier Communications
+972-3-766-6419 Tel. +1-508-475-0025 x150
yoelk@ceragon.com kquatromoni@rainierco.com
Source: Ceragon Networks Ltd
Company and Investor Contact: Yoel Knoll, Ceragon Networks Ltd., +972-3-766-6419, yoelk@ceragon.com ; Media Contact: Karen Quatromoni, Rainier Communications, Tel. +1-508-475-0025 x150 , kquatromoni@rainierco.com
TEL AVIV, Israel, May 17, 2010-- Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), the provider of
high-capacity, 4G/LTE-Ready wireless backhaul networks, today announced that
Ergon Energy Corporation Limited, an electricity distribution company in
Queensland, Australia, is deploying Ceragon's advanced FibeAir(R) solutions
in a high-capacity microwave/fiber hybrid network spanning large parts of
Queensland.
Ergon Energy provides high-voltage powerline infrastructure to distribute
electricity to regional centers throughout Queensland. Equipment orders for
the first two phases of the project are valued at more than $1 million in
revenue.
Ergon Energy's new telecommunications network is based on a hybrid
fiber/microwave architecture and supports a mix of SDH and IP data traffic.
Ceragon's leading edge FibeAir platforms, including FibeAir 3200T all-indoor
solution, the FibeAir 1500R and FibeAir IP-10, will help Ergon Energy enhance
the capacity and functionality of the wireless portion of its network.
Ceragon solutions will enable applications such as network protection
switching, metering and intelligent monitoring, storage and disaster recovery
and high-speed communication across multiple sites.
ATI Australia, one of Ceragon's leading distributors in Australia,
performed the design and microwave equipment supply for this project.
"Putting in place a high-performance communication infrastructure is an
essential ingredient in our maintenance of a world-class power distribution
network," said Ergon Energy's Group Manager Telecommunications Andrew Deme.
Ergon Energy owns and manages the electricity distribution network in
Queensland's regional areas. The company's powerlines stretch 150,000km,
supplying electricity to more than 650,000 residential, industrial and
commercial customers. Ergon Energy also owns and operates 34 stand-alone
power stations that provide supply to isolated communities across Queensland
not connected to the main electricity grid.
"We are very happy to be selected by a forward thinking company such as
Ergon Energy," said Ira Palti, President and Chief Executive Officer of
Ceragon. "Utility companies all over the world are moving towards smart grid
technology, which also requires an intelligent backhaul infrastructure.
Wireless solutions, such as our high-capacity platforms, can be deployed more
quickly and cost effectively than wireline alternatives. Once the network is
in place, it can also be used to transport so-called traditional services
such as high-speed internet, video, voice and more."
Ceragon's FibeAir solutions family allows for a wide range of
implementations and service support.
- FibeAir IP-10 combines IP and TDM networking and feature an integrated
Ethernet switch, optional stackable radios with TDM cross-connect for
nodal site applications, and advanced service management and Operation
Administration & Maintenance (OAM) tools. Coupled with Ceragon's
powerful radios for high reliability and unmatched system gain, the
solution can be deployed in all-indoor, all-outdoor and split-mount
configurations.
- FibeAir 3200T is a multi-radio All-Indoor solution featuring N+1
switching protection, embedded space diversity, and ultra high
transmission power.
- FibeAir 1500R is ideal for a broad range of network applications with
an upgradeable capacity range of 45 to 622 Mbps.
About Ergon Energy
Ergon Energy, is a Queensland Government Owned Corporation, committed to
delivering sustainable, quality energy solutions. With a total asset base of
$8 billion, and more than 4500 employees, Ergon Energy Corporation Limited is
a major Queensland company. It services more than 650,000 customers across
regional Queensland, from the rapidly burgeoning coastal and rural population
centres to the remote communities of outback Queensland and the Torres
Strait. Its franchise service area extends across 97% of Queensland - around
1.7 million square kilometres. Ergon Energy's electricity network consists of
around 150,000 kilometres of powerlines and one million power poles, along
with associated infrastructure, such as major substations and power
transformers. It owns and operates 34 stand-alone power stations that provide
supply to isolated communities across Queensland. Ergon Energy is one of
Australia's largest purchasers of renewable energy and is actively involved
in alternative energy generation solutions. More information is available at:
http://www.ergon.com.au/
About ATI Australia
ATI Australia is the region's leader in design, supply, installation and
maintenance of microwave radio systems. ATI's products and services are
utilized across Australia, New Zealand, Papua New Guinea and the Pacific,
covering metro, regional and remote areas. More information is available at:
http://www.atiaust.com.au/
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) provides high capacity,
LTE/4G-ready wireless backhaul networks that enable mobile and traditional
telecom service providers as well as private network operators to deliver
voice and premium data services, including Internet browsing, music and video
applications. Designed to enable risk-free migration from TDM to IP,
Ceragon's microwave solutions provide fiber-like connectivity and support all
wireless access technologies, including GSM, CDMA, EV-DO, HSPA, LTE and
WiMAX. These solutions allow wireless service providers to cost effectively
build-out and scale their infrastructure to meet the increasing demands for
premium data services. Ceragon also provides its solutions to businesses and
public institutions that operate their own private communications networks.
Ceragon's solutions are deployed by more than 150 service providers of all
sizes, as well as in hundreds of private networks, in nearly 100 countries.
More information is available at http://www.ceragon.com
Ceragon Networks(R), CeraView(R), FibeAir(R), the FibeAir(R) design mark
and Native2(R) are registered trademarks., and Ceragon(TM), PolyView(TM),
ConfigAir(TM), CeraMon(TM), EtherAir(TM), QuickAir(TM), QuickAir Partner
Program(TM), QuickAir Partner Certification Program(TM), QuickAir Partner
Zone(TM), EncryptAir(TM) and Microwave Fiber(TM) are trademarks of Ceragon
Networks Ltd.
This press release may contain statements concerning Ceragon's future
prospects that are "forward-looking statements" under the Private Securities
Litigation Reform Act of 1995. These statements are based on current
expectations and projections that involve a number of risks and
uncertainties. There can be no assurance that future results will be
achieved, and actual results could differ materially from forecasts and
estimates. These are important factors that could cause actual results to
differ materially from forecasts and estimates. These risks and
uncertainties, as well as others, are discussed in greater detail in
Ceragon's Annual Report on Form 20-F and Ceragon's other filings with the
Securities and Exchange Commission. Forward-looking statements speak only as
of the date on which they are made and Ceragon undertakes no commitment to
revise or update any forward-looking statement in order to reflect events or
circumstances after the date any such statement is made.
Company and Investor Contact: Media Contact:
Yoel Knoll Karen Quatromoni
Ceragon Networks Ltd. Rainier Communications
+972-3-766-6419 Tel. +1-508-475-0025 x150
yoelk@ceragon.com kquatromoni@rainierco.com
Source: Ceragon Networks Ltd
Company and Investor Contact: Yoel Knoll, Ceragon Networks Ltd., +972-3-766-6419, yoelk@ceragon.com ; Media Contact: Karen Quatromoni, Rainier Communications, Tel. +1-508-475-0025 x150 , kquatromoni@rainierco.com
CDMdata, Inc. Launches All-New Pre-Owned Classifieds Package on Kelley Blue Book's Top-Rated Website
Poster: SySAdmin
Posted on May 17, 2010 at 4:07:01 AM
CDMdata, Inc. Launches All-New Pre-Owned Classifieds Package on Kelley Blue Book's Top-Rated Website
Increase Brand Exposure, Connect Directly to the Consumer on Kbb.com
IRVINE, Calif., May 17 -- CDMdata, a Kelley Blue Book company, today announces its all-new Pre-Owned Classifieds Package for dealers on kbb.com's The Trusted Marketplace(SM), Kelley Blue Book's online classifieds section. Available exclusively to CDM customers, the Pre-Owned Classifieds Package places dealership inventory prominently on kbb.com, the No. 1 automotive website according to the C.A. Walker Research Solutions, Inc., 2009 Summer Automotive Website Usefulness Study.
Through CDMdata's Pre-Owned Classifieds Package, dealers can receive phone and e-mail leads directly from in-market shoppers as well as a customizable Storefront on kbb.com to maximize dealer inventory and brand exposure. The Storefront microsite is an extension of the dealership's sales force and is available to shoppers 24/7. Dealers also receive unique merchandising callouts such as 'price lowered' and 'newly listed' to differentiate their listings from the competition. Other special classified features include a KBB Digital Window Sticker for each vehicle and the Blue Seal Listing icon. The Blue Seal Listings treatment allows dealers with inventory collected and managed by CDM Dealer Services to have a special notation on their listings, informing car shoppers that the information and photographs contained in the classified listing were gathered directly by CDM Dealer Services, a Kelley Blue Book company.
"Having my inventory on kbb.com is great! My Storefront provides a great extension of my dealership brand on the No. 1 automotive website and I get high-quality leads from kbb.com," said Enamul Islam, director of e-commerce for Keyes Lexus. "Kbb.com is making a powerful impact on our bottom line."
As part of the product, each listing offers an optional video feature for car shoppers looking for an enhanced view of a vehicle. Videos allow dealers to engage the potential buyer by bringing the vehicle to life.
At an affordable price, the Pre-Owned Classifieds Package automatically sends inventory to kbb.com from AutoOffice® up to five times per day, accelerating time to market and giving shoppers the most up-to-date listings. In addition, dealers can access lead reporting within CDMdata's AutoOffice product.
"This package has all the necessary elements to help dealers achieve greater brand exposure and make an impact in connecting with the consumer," said Mike Romano, chief operating officer for CDMdata, Inc., and senior vice president of dealer strategy for Kelley Blue Book. "CDMdata customers not only benefit from higher placement on kbb.com, but the ability to leverage the additional trust car shoppers have for Kelley Blue Book® Values and the Kelley Blue Book brand."
For more information about Kelley Blue Book and CDMdata dealer products, services and solutions, please call 866-561-3559, or visit http://www.800bluebook.com.
About CDM Dealer Services and CDMdata, Inc. (http://www.cdmdata.com)
CDMdata, Inc. provides unparalleled technology and industry-leading service to the automotive industry. CDMdata, Inc., solutions increase client revenues by increasing productivity and data accuracy. CDM provides proprietary hardware and software solutions that streamline inspection, valuation, distribution, marketing and Internet sales processes. CDM's flagship product is the DigitalLot Solution, which provides automotive dealers with the hardware and software they need to manage the collection and distribution of automotive information over the Internet. CDMdata, Inc. is a Kelley Blue Book company. CDM Dealer Services is a wholly-owned subsidiary of CDMdata, Inc.
About Kelley Blue Book (http://www.kbb.com)
Since 1926, Kelley Blue Book, The Trusted Resource®, has provided vehicle buyers and sellers with the new- and used-vehicle information they need to accomplish their goals with confidence. The company's top-rated website, http://www.kbb.com, provides the most up-to-date pricing and values, including the New Car Blue Book® Value, which reveals what people actually are paying for new cars. The company also reports vehicle pricing and values via products and services, including software products and the famous Blue Book® Official Guide. According to the C.A. Walker Research Solutions, Inc. - 2009 Spring Automotive Website Usefulness Study, kbb.com is the most useful automotive information website among new- and used-vehicle shoppers, and half of online vehicle shoppers visit kbb.com. Kelley Blue Book's kbb.com also is a W3 Gold Award winner, sanctioned by the International Academy of Visual Arts. Kbb.com is a leading provider of new car prices, used car Blue Book Values, car reviews, new cars for sale, used cars for sale, and car dealer locations.
Source: Kelley Blue Book
CONTACT: Robyn Eckard, +1-949-268-3049, reckard@kbb.com, Joanna Pinkham,
+1-949-268-3079, jpinkham@kbb.com, or Brenna Robinson, +1-949-267-4781,
berobinson@kbb.com, all of Kelley Blue Book
Web Site: http://www.kbb.com/
Increase Brand Exposure, Connect Directly to the Consumer on Kbb.com
IRVINE, Calif., May 17 -- CDMdata, a Kelley Blue Book company, today announces its all-new Pre-Owned Classifieds Package for dealers on kbb.com's The Trusted Marketplace(SM), Kelley Blue Book's online classifieds section. Available exclusively to CDM customers, the Pre-Owned Classifieds Package places dealership inventory prominently on kbb.com, the No. 1 automotive website according to the C.A. Walker Research Solutions, Inc., 2009 Summer Automotive Website Usefulness Study.
Through CDMdata's Pre-Owned Classifieds Package, dealers can receive phone and e-mail leads directly from in-market shoppers as well as a customizable Storefront on kbb.com to maximize dealer inventory and brand exposure. The Storefront microsite is an extension of the dealership's sales force and is available to shoppers 24/7. Dealers also receive unique merchandising callouts such as 'price lowered' and 'newly listed' to differentiate their listings from the competition. Other special classified features include a KBB Digital Window Sticker for each vehicle and the Blue Seal Listing icon. The Blue Seal Listings treatment allows dealers with inventory collected and managed by CDM Dealer Services to have a special notation on their listings, informing car shoppers that the information and photographs contained in the classified listing were gathered directly by CDM Dealer Services, a Kelley Blue Book company.
"Having my inventory on kbb.com is great! My Storefront provides a great extension of my dealership brand on the No. 1 automotive website and I get high-quality leads from kbb.com," said Enamul Islam, director of e-commerce for Keyes Lexus. "Kbb.com is making a powerful impact on our bottom line."
As part of the product, each listing offers an optional video feature for car shoppers looking for an enhanced view of a vehicle. Videos allow dealers to engage the potential buyer by bringing the vehicle to life.
At an affordable price, the Pre-Owned Classifieds Package automatically sends inventory to kbb.com from AutoOffice® up to five times per day, accelerating time to market and giving shoppers the most up-to-date listings. In addition, dealers can access lead reporting within CDMdata's AutoOffice product.
"This package has all the necessary elements to help dealers achieve greater brand exposure and make an impact in connecting with the consumer," said Mike Romano, chief operating officer for CDMdata, Inc., and senior vice president of dealer strategy for Kelley Blue Book. "CDMdata customers not only benefit from higher placement on kbb.com, but the ability to leverage the additional trust car shoppers have for Kelley Blue Book® Values and the Kelley Blue Book brand."
For more information about Kelley Blue Book and CDMdata dealer products, services and solutions, please call 866-561-3559, or visit http://www.800bluebook.com.
About CDM Dealer Services and CDMdata, Inc. (http://www.cdmdata.com)
CDMdata, Inc. provides unparalleled technology and industry-leading service to the automotive industry. CDMdata, Inc., solutions increase client revenues by increasing productivity and data accuracy. CDM provides proprietary hardware and software solutions that streamline inspection, valuation, distribution, marketing and Internet sales processes. CDM's flagship product is the DigitalLot Solution, which provides automotive dealers with the hardware and software they need to manage the collection and distribution of automotive information over the Internet. CDMdata, Inc. is a Kelley Blue Book company. CDM Dealer Services is a wholly-owned subsidiary of CDMdata, Inc.
About Kelley Blue Book (http://www.kbb.com)
Since 1926, Kelley Blue Book, The Trusted Resource®, has provided vehicle buyers and sellers with the new- and used-vehicle information they need to accomplish their goals with confidence. The company's top-rated website, http://www.kbb.com, provides the most up-to-date pricing and values, including the New Car Blue Book® Value, which reveals what people actually are paying for new cars. The company also reports vehicle pricing and values via products and services, including software products and the famous Blue Book® Official Guide. According to the C.A. Walker Research Solutions, Inc. - 2009 Spring Automotive Website Usefulness Study, kbb.com is the most useful automotive information website among new- and used-vehicle shoppers, and half of online vehicle shoppers visit kbb.com. Kelley Blue Book's kbb.com also is a W3 Gold Award winner, sanctioned by the International Academy of Visual Arts. Kbb.com is a leading provider of new car prices, used car Blue Book Values, car reviews, new cars for sale, used cars for sale, and car dealer locations.
Source: Kelley Blue Book
CONTACT: Robyn Eckard, +1-949-268-3049, reckard@kbb.com, Joanna Pinkham,
+1-949-268-3079, jpinkham@kbb.com, or Brenna Robinson, +1-949-267-4781,
berobinson@kbb.com, all of Kelley Blue Book
Web Site: http://www.kbb.com/
Translated Unveils a New Way to Translate
Poster: SySAdmin
Posted on May 17, 2010 at 3:14:01 AM
Translated Unveils a New Way to Translate
An E-Commerce Site for Translations That Connects 46,000 Professional Mother Tongue Translators Across 110 Countries.
ROME, May 17, 2010-- Translated, http://www.translated.net, a professional translation service
provider since 1999, has launched a new platform based on T-Rank(TM) and
MyMemory: two unique innovations that are the fruit of over 10 years of
sector experience. T-Rank(TM) is an algorithm for classifying translators
while MyMemory is a system for extracting terminology and pre-translated
phrases from the Web.
T-Rank(TM) is the heart of Translated. Employing the same
techniques used by search engines, it selects the best professional
translator in real-time, analyzing the characteristics of a document to
translate and comparing it against the profiles of hundreds of mother tongue
translators. On the basis of the translator's real time availability, their
areas of expertise and the results of 150,000 translations completed since
1999, T-Rank(TM) finds the best translator for any document.
MyMemory, http://mymemory.translated.net/, with over 400
million human contributions, is the largest collaborative translation memory
in the world. It aims to organize all the information translated on the Web
and gives translators the benefit of not having to retranslate phrases
already translated by others. Thanks to this technology, customers can even
benefit from a discount on phrases already translated and published, or on
the Web. Translated is the only translation service in the world to apply
such a discount.
Marco Trombetti, Translated's founder, points out that "to benefit from
the Web's full potential language is the last barrier to overcome. In order
for everyone to access information in their own language, we need to solve
two problems: eliminate the middlemen that add no value and help translators
by providing suggestions so that they only have to translate information that
has not already been translated by others. We are working on both fronts."
For further information:
Translated, http://www.translated.net, is a language service
provider that has been working with 46,000 translators in more than 110
countries since 1999. It uses Natural Language Processing and Artificial
Intelligence algorithms to aid translators in their work. In 2008, Eurispes
(The European Institute of Political, Economic, and Social Studies) showcased
Translated as a company representing excellence in Italy. Translated has more
than 10,000 clients around the world.
Translators can register here: http://www.translated.net/top/
Developers can access Translated's services through APIs.
Source: Translated
Lucia Bracci, E-mail: lucia@translated.net, Telephone: +39-06-90-25-4-258
An E-Commerce Site for Translations That Connects 46,000 Professional Mother Tongue Translators Across 110 Countries.
ROME, May 17, 2010-- Translated, http://www.translated.net, a professional translation service
provider since 1999, has launched a new platform based on T-Rank(TM) and
MyMemory: two unique innovations that are the fruit of over 10 years of
sector experience. T-Rank(TM) is an algorithm for classifying translators
while MyMemory is a system for extracting terminology and pre-translated
phrases from the Web.
T-Rank(TM) is the heart of Translated. Employing the same
techniques used by search engines, it selects the best professional
translator in real-time, analyzing the characteristics of a document to
translate and comparing it against the profiles of hundreds of mother tongue
translators. On the basis of the translator's real time availability, their
areas of expertise and the results of 150,000 translations completed since
1999, T-Rank(TM) finds the best translator for any document.
MyMemory, http://mymemory.translated.net/, with over 400
million human contributions, is the largest collaborative translation memory
in the world. It aims to organize all the information translated on the Web
and gives translators the benefit of not having to retranslate phrases
already translated by others. Thanks to this technology, customers can even
benefit from a discount on phrases already translated and published, or on
the Web. Translated is the only translation service in the world to apply
such a discount.
Marco Trombetti, Translated's founder, points out that "to benefit from
the Web's full potential language is the last barrier to overcome. In order
for everyone to access information in their own language, we need to solve
two problems: eliminate the middlemen that add no value and help translators
by providing suggestions so that they only have to translate information that
has not already been translated by others. We are working on both fronts."
For further information:
Translated, http://www.translated.net, is a language service
provider that has been working with 46,000 translators in more than 110
countries since 1999. It uses Natural Language Processing and Artificial
Intelligence algorithms to aid translators in their work. In 2008, Eurispes
(The European Institute of Political, Economic, and Social Studies) showcased
Translated as a company representing excellence in Italy. Translated has more
than 10,000 clients around the world.
Translators can register here: http://www.translated.net/top/
Developers can access Translated's services through APIs.
Source: Translated
Lucia Bracci, E-mail: lucia@translated.net, Telephone: +39-06-90-25-4-258
More Choice for Online Lawnmower Consumers
Poster: SySAdmin
Posted on May 17, 2010 at 1:07:01 AM
More Choice for Online Lawnmower Consumers
A Move Online for one of the East of England's Biggest Gardening Retail Companies Aiming to Beat the Higher Overhead Costs Associated With a Traditional Bricks and Mortar Site
NORWICH, England, May 17 -- Mowers Direct, one of East Anglia's biggest retailers of Lawnmowers and Gardening equipment have decided to launch a new website. The Norwich based company who currently operate from a 38,000 square feet warehouse facility in the west of the city have made the move online in order to pass greater savings on to the consumer. According to Mower Direct spokesman David Chisholm "We were actually one of the first in our industry to get our business online. So much has happened over the years though and the internet just isn't the same place. We realise this and have decided to have a revamp."
Local business development firm TurningFactor.com are handling Mower Directs online promotion. Duncan Johnson from Turning Factor stated "The internet is still new to a lot of people and therefore it comes as a surprise to hear that websites do age. Mowers Direct were pioneers in their industry and again are raising the benchmark to stay ahead of the game."
Mowers direct have been selling major brands like Bosch Lawn Mowers from their base in Norwich since 1972. In 1972 they were awarded a Royal Warrant to supply gardening equipment to the Royal Estate at Sandringham, Norfolk. Currently they supply local and national authorities with gardening equipment as well as offering a huge range of goods to the general public through their warehouse store and online website.
Contact Information:
Mowers Direct
Bluebell Road
Eaton
Norwich
NR4 7LG
Telephone: 01603 458916
Website: http://www.mowersdirect.co.uk/
Contact Details:
David Chisholm
Bartram Mowers Ltd
david@bartrammowers.co.uk - +44(0)1603 458916
Source: Mowers Direct
CONTACT: Mowers Direct, +01603-458916; or David Chisholm of Bartram
Mowers Ltd, +44(0)1603-458916, david@bartrammowers.co.uk
Web Site: http://www.mowersdirect.co.uk/
A Move Online for one of the East of England's Biggest Gardening Retail Companies Aiming to Beat the Higher Overhead Costs Associated With a Traditional Bricks and Mortar Site
NORWICH, England, May 17 -- Mowers Direct, one of East Anglia's biggest retailers of Lawnmowers and Gardening equipment have decided to launch a new website. The Norwich based company who currently operate from a 38,000 square feet warehouse facility in the west of the city have made the move online in order to pass greater savings on to the consumer. According to Mower Direct spokesman David Chisholm "We were actually one of the first in our industry to get our business online. So much has happened over the years though and the internet just isn't the same place. We realise this and have decided to have a revamp."
Local business development firm TurningFactor.com are handling Mower Directs online promotion. Duncan Johnson from Turning Factor stated "The internet is still new to a lot of people and therefore it comes as a surprise to hear that websites do age. Mowers Direct were pioneers in their industry and again are raising the benchmark to stay ahead of the game."
Mowers direct have been selling major brands like Bosch Lawn Mowers from their base in Norwich since 1972. In 1972 they were awarded a Royal Warrant to supply gardening equipment to the Royal Estate at Sandringham, Norfolk. Currently they supply local and national authorities with gardening equipment as well as offering a huge range of goods to the general public through their warehouse store and online website.
Contact Information:
Mowers Direct
Bluebell Road
Eaton
Norwich
NR4 7LG
Telephone: 01603 458916
Website: http://www.mowersdirect.co.uk/
Contact Details:
David Chisholm
Bartram Mowers Ltd
david@bartrammowers.co.uk - +44(0)1603 458916
Source: Mowers Direct
CONTACT: Mowers Direct, +01603-458916; or David Chisholm of Bartram
Mowers Ltd, +44(0)1603-458916, david@bartrammowers.co.uk
Web Site: http://www.mowersdirect.co.uk/
Telcordia Launches Holistic Telecom Service Planning Tool
Poster: SySAdmin
Posted on May 17, 2010 at 1:07:01 AM
Telcordia Launches Holistic Telecom Service Planning Tool
Telcordia Total Perspective Planning Solution Aligns Business and Network Planning Across CSPs' Operations to Ensure Reliable, Profitable and Market-Differentiating Services
PISCATAWAY, N.J., May 17 -- Telcordia, a global leader in the development of mobile, broadband and enterprise software and services, today announced the Telcordia Total Perspective Planning solution, which helps communications service providers (CSPs) align business and network planning to improve network return-on-investment at each and every decision point across the enterprise.
"When CSPs develop and deploy new services, a key success factor is the ability for multiple business units, from engineering and operations to sales and finance to make critical decisions quickly and independently, but with pertinent information at hand," said Adan Pope, Chief Strategy Officer, Telcordia. "Our Total Perspective Planning solution is purpose-built to facilitate information collaboration, enabling high network availability, faster restoration, and maximum top-line revenue."
Today's telecom services are supported by highly complex networks that impact the jobs of multiple business units across the enterprise. Often, CSPs make decisions in one part of their business that rely on information located in a different part, such as a sales division promoting a service in an area where the physical network is not yet built or upgraded to support the offering.
Total perspective planning helps CSPs overcome these types of challenges by providing a set of capabilities for compiling and analyzing a broad range of demographic, network, business, technical and other key data sets against a common geographical backdrop. With this comprehensive, actionable intelligence, CSPs can make highly informed decisions across their business functions, thereby reducing a new service's development cost, risk and time to market.
Total Perspective Planning solves the problem of accurately understanding the capability, vulnerability, and potential of network assets across a CSP's entire business. It brings a new level of insight, intelligence and efficiency to how CSPs run their business. For example, the capability to see potential customers alongside existing networks, then make decisions based on a rich combination of information is both powerful and ground-breaking.
A key component to the Telcordia Total Perspective Planning solution is Telcordia® Network Engineer, the industry standard for managing large-scale network planning, design and building. More information about the Telcordia Total Perspective Planning solution is available in a Telcordia white paper available at http://www.telcordia.com/library/whitepapers/total-perspective-planning.jsp.
Telcordia will showcase the Total Perspective Planning solution in booth No. 40 at TM Forum Management World 2010, May 18-20 in Nice, France.
For more information about Telcordia, visit http://www.telcordia.com. For more information about the Telcordia Total Perspective Planning solution visit http://www.telcordia.com/solutions/total-perspective-planning/index.html.
About Telcordia
Telcordia, a global leader in the development of mobile, broadband and enterprise communications software and services, enables Communications Service Providers (CSPs), enterprises, suppliers and government entities to successfully deploy innovative and advanced services that help our clients realize operational efficiencies, drive revenue, and maintain a competitive edge in the new era of services-dominated communications. Telcordia has globally trusted expertise in software and services to meet the needs of customers and partners, including, consulting, next-generation OSS, network and application interconnection, service delivery and charging solutions, industry research and new technology development. Telcordia is headquartered in Piscataway, N.J., with offices throughout North America, Europe, Asia, Central and Latin America. (http://www.telcordia.com).
Subscribe to Telcordia RSS press release feed at: http://feeds.telcordia.com/TelcordiaPressReleases.
Visit Telcordia:
http://www.telcordia.com
http://www.facebook.com/telcordia
http://www.telecomtv.com/telcordia
http://www.youtube.com/telcordiatv
Source: Telcordia
CONTACT: Sharon Oddy, Telcordia Technologies, Inc., +1-732-699-4203,
oddys@telcordia.com; or Daniel Rhodes or Grace Mourey, GRC for Telcordia,
+1-949-608-0276, telcordia@globalresultspr.com
Web Site: http://www.telcordia.com/
Telcordia Total Perspective Planning Solution Aligns Business and Network Planning Across CSPs' Operations to Ensure Reliable, Profitable and Market-Differentiating Services
PISCATAWAY, N.J., May 17 -- Telcordia, a global leader in the development of mobile, broadband and enterprise software and services, today announced the Telcordia Total Perspective Planning solution, which helps communications service providers (CSPs) align business and network planning to improve network return-on-investment at each and every decision point across the enterprise.
"When CSPs develop and deploy new services, a key success factor is the ability for multiple business units, from engineering and operations to sales and finance to make critical decisions quickly and independently, but with pertinent information at hand," said Adan Pope, Chief Strategy Officer, Telcordia. "Our Total Perspective Planning solution is purpose-built to facilitate information collaboration, enabling high network availability, faster restoration, and maximum top-line revenue."
Today's telecom services are supported by highly complex networks that impact the jobs of multiple business units across the enterprise. Often, CSPs make decisions in one part of their business that rely on information located in a different part, such as a sales division promoting a service in an area where the physical network is not yet built or upgraded to support the offering.
Total perspective planning helps CSPs overcome these types of challenges by providing a set of capabilities for compiling and analyzing a broad range of demographic, network, business, technical and other key data sets against a common geographical backdrop. With this comprehensive, actionable intelligence, CSPs can make highly informed decisions across their business functions, thereby reducing a new service's development cost, risk and time to market.
Total Perspective Planning solves the problem of accurately understanding the capability, vulnerability, and potential of network assets across a CSP's entire business. It brings a new level of insight, intelligence and efficiency to how CSPs run their business. For example, the capability to see potential customers alongside existing networks, then make decisions based on a rich combination of information is both powerful and ground-breaking.
A key component to the Telcordia Total Perspective Planning solution is Telcordia® Network Engineer, the industry standard for managing large-scale network planning, design and building. More information about the Telcordia Total Perspective Planning solution is available in a Telcordia white paper available at http://www.telcordia.com/library/whitepapers/total-perspective-planning.jsp.
Telcordia will showcase the Total Perspective Planning solution in booth No. 40 at TM Forum Management World 2010, May 18-20 in Nice, France.
For more information about Telcordia, visit http://www.telcordia.com. For more information about the Telcordia Total Perspective Planning solution visit http://www.telcordia.com/solutions/total-perspective-planning/index.html.
About Telcordia
Telcordia, a global leader in the development of mobile, broadband and enterprise communications software and services, enables Communications Service Providers (CSPs), enterprises, suppliers and government entities to successfully deploy innovative and advanced services that help our clients realize operational efficiencies, drive revenue, and maintain a competitive edge in the new era of services-dominated communications. Telcordia has globally trusted expertise in software and services to meet the needs of customers and partners, including, consulting, next-generation OSS, network and application interconnection, service delivery and charging solutions, industry research and new technology development. Telcordia is headquartered in Piscataway, N.J., with offices throughout North America, Europe, Asia, Central and Latin America. (http://www.telcordia.com).
Subscribe to Telcordia RSS press release feed at: http://feeds.telcordia.com/TelcordiaPressReleases.
Visit Telcordia:
http://www.telcordia.com
http://www.facebook.com/telcordia
http://www.telecomtv.com/telcordia
http://www.youtube.com/telcordiatv
Source: Telcordia
CONTACT: Sharon Oddy, Telcordia Technologies, Inc., +1-732-699-4203,
oddys@telcordia.com; or Daniel Rhodes or Grace Mourey, GRC for Telcordia,
+1-949-608-0276, telcordia@globalresultspr.com
Web Site: http://www.telcordia.com/
Cellcom Israel Announces First Quarter 2010 Results
Poster: SySAdmin
Posted on May 17, 2010 at 12:35:02 AM
Cellcom Israel Announces First Quarter 2010 Results
NETANYA, Israel, May 17, 2010--
- Cellcom Israel Continues to Present an Increase in Service
Revenues, Operating Income, EBITDA and EBITDA Margin, Despite the Ongoing
Price Erosions and Growing Competition;
- EBITDA Margin Reached 40.4%; EBITDA[1] up by 1.8%
- Cellcom Israel Declares a First Quarter Dividend of NIS 3.64
per Share (Totals Approx. NIS 360 Million)
First Quarter 2010 Highlights (compared to the first quarter 2009[2]):
- Total Revenues from services increased 3% to NIS 1,414
million ($381 million)
- Revenues from content and value added services (including
SMS) increased 24.3%, reaching 17.8% of services revenues
- Total Revenues (including revenues from end-user equipment)
increased 1.2% to NIS 1,580 million ($426 million)
- EBITDA increased 1.8% to NIS 638 million ($172 million);
EBITDA margin 40.4%, up from 40.2%
- Operating income increased 4.6% to NIS 457 million ($123
million)
- Net income totaled NIS 314 million ($85 million), a 9%
decrease, attributed to the increase in financing expenses, net
- Subscriber base increased approx. 21,000 during the first
quarter, all post-paid subscribers; reaching approx. 3.313 million at the
end of March 2010
- 3G subscribers reached approx. 1.037 million at the end of
March 2010, net addition of approx. 40,000 in the first quarter 2010
- The Company Declared first quarter dividend of NIS 3.64 per
share
Cellcom Israel Ltd. (NYSE: CEL TASE: CEL) ("Cellcom Israel",
the "Company"), announced today its financial results for the first quarter
of 2010. Revenues for the first quarter 2010 totaled NIS 1,580 million ($426
million); EBITDA for the first quarter 2010 totaled NIS 638 million ($172
million), or 40.4% of total revenues; and net income for the first quarter
2010 totaled NIS 314 million ($85 million). Basic earnings per share for the
first quarter 2010 totaled NIS 3.18 ($0.86).
Commenting on the results, Amos Shapira, Chief Executive
Officer said, "Cellcom Israel continues its strong performance in the first
quarter of 2010 with sustained growth in service revenues, EBITDA, EBITDA
margin, operating income and subscriber base.
While the cellular market in Israel is evolving, we have
maintained our position as the cellular operator with the best financial
performance in Israel and as market leader in terms of subscriber base as
well as in total revenues. I believe this is a result of our strategy of
focusing on cellular communications while being committed to delivering
quality customer service. Likewise, our ability to leverage our core business
through new synergetic and growth opportunities while prudently managing
expenses, further solidifies and supports our leading position and strong
financial performance.
We are satisfied with the improvement in the growth rate of
airtime minutes, which totaled 4.8% in the first quarter this year compared
to 2.5% in the first quarter last year, as well as the service revenues
growth, totaled 3% this quarter compared to 1.1% in the first quarter last
year. Furthermore, in the first quarter 2010, we continued to expand our 3G
subscriber base, reaching 1.037 million at the end of March 2010,
representing 31.3% of our total subscriber base.
We operate in a heavily regulated industry and face an
increasing number of proposed regulatory changes. The Israeli Ministry of
Communications recently announced that it is considering a substantial
decrease of interconnect tariffs among Israeli operators[3]. This proposed
decrease follows other regulatory changes that are currently under its
consideration. We intend to object to the decrease of interconnect tariffs as
suggested, especially to the way it is implemented, which may have an adverse
effect on the Company's results, and we plan to take measures to mitigate its
impact.
We recently finalized the acquisition of the assets and
operation of Dynamica, one of our major dealers, whose communications chain
store will continue its operation as our wholly owned subsidiary while
benefiting from the synergies between Dynamica's operations and Cellcom
Israel's. I want to take this opportunity to welcome all Dynamica's managers
and employees to Cellcom Israel's family. I look forward to working together
in the future so that we can continue to provide our customers with quality
service and advanced products and handsets."
Commenting on the change in the Company's VP of business
customers, Mr. Shapira thanked the outgoing Mr. Poran on behalf of the
Company's employees, management and shareholders for his term of office and
loyal partnership and wished him success. With regard to the new VP, Mr.
Shapira said: "Moty Caspy, one of the Company's top managers, has contributed
greatly to the Company's success. We take great pride in appointing one of
our own managers, who grew in the company, to the VP business customers
position and wish Moty success in his new position."
Yaacov Heen, Chief Financial Officer, commented: "We are very
pleased with our results. Despite the ongoing airtime price erosion resulting
from the high market competition, we have seen a 3% rise in revenues from
services. Likewise, we have shown quarter over quarter growth in other key
areas including a 4.6% increase in operating income, a 1.2% increase in total
revenues, a 24.3% increase in content and value added services revenues and a
1.8% increase in EBITDA with EBITDA margin of 40.4%. In spite of the growth
in these key performance indicators, we presented a 9% decrease in net
income, which is fully attributed to the increase in our financing expenses,
net. This quarter, we also continued to present a strong free cash flow,
totaling NIS 387 million, which enable us to distribute a dividend of
approximately NIS 360 million, representing approximately 115% of net income
for the first quarter, to our shareholders."
Main Financial and Performance Indicators*:
Q1/2010 Q1/2009 % Change Q1/2010 Q1/2009
million NIS million US$
(convenience
translation)
Total Services revenues 1,414 1,373 3.0% 380.8 369.8
Revenues from content and 251 202 24.3% 67.6 54.4
value added services
Handset and accessories 166 188 (11.7%) 44.7 50.6
revenues
Total revenues 1,580 1,561 1.2% 425.5 420.4
Operating Income 457 437 4.6% 123.1 117.7
Net Income 314 345 (9.0%) 84.6 92.9
Free cash flow1 387 393 (1.5%) 104.2 105.8
EBITDA 638 627 1.8% 171.8 168.9
EBITDA, as percent of
Revenues 40.4% 40.2% 0.5%
Subscribers end of period
(in thousands) 3,313 3,208 3.3%
Monthly ARPU 139.1 139.9 (0.6%) 37.5 37.7
Average Monthly MOU 328 323 1.6%
* Following the change in accounting policy in the second
quarter of 2009 regarding recognition of certain subscriber acquisition and
retention costs for capitalization, comparison data for the first quarter
2009 was changed to reflect the retrospective application of that change.
Financial Review
Revenues for the first quarter of 2010 totaled NIS 1,580
million ($426 million), a 1.2% increase compared to NIS 1,561 million ($420
million) in the first quarter last year. The increase in revenues resulted
from an increase in revenues from services, reaching NIS 1,414 million ($381
million) in the first quarter of 2010, up from NIS 1,373 million ($370
million) in the first quarter last year. The higher service revenues resulted
mainly from an increase of approximately 24% in content and value added
services (including SMS) revenues in the first quarter 2010, compared to the
first quarter last year. Revenues from content and value added services
reached NIS 251 million ($68 million), or 17.8% of service revenues.
Furthermore, the increase in landline services revenues during the quarter
also contributed to the higher service revenues. These increases were
partially offset by the ongoing airtime price erosion. The increase in
service revenues was partially offset by a 11.7% decrease in handset and
accessories' revenues, from NIS 188 million ($51 million) in the first
quarter last year, to NIS 166 million ($45 million) in the first quarter
2010, due to a decrease in the average handset sale price and in the number
of handsets sold in the first quarter 2010 compared to the first quarter last
year, resulted from a different mix of marketing activities in these two
quarters.
Cost of revenues for the first quarter of 2010 totaled NIS 801
million ($216 million), a 1.2% decrease from NIS 811 million ($218 million)
in the first quarter last year. This decline primarily follows the lower
handset costs resulting from a decrease in the number of handsets sold during
the first quarter of 2010 compared to the first quarter last year, due to a
different mix of marketing activities in these two quarters. The decline in
cost of revenues also resulted from an increased efficiency in the cost of
content and value added services, lower depreciation expenses, as well as a
decrease in royalties to the Ministry of Communications resulting from a
decline in the royalties' rate. These decreases were partially offset by an
increase in total interconnect fees due to a quantitative increase in the
number of outgoing calls completed in other operators' networks.
Gross profit for the first quarter of 2010 increased 3.9%
reaching NIS 779 million ($210 million), compared to NIS 750 million ($202
million) in the first quarter of 2009. Gross profit margin for the first
quarter 2010 increased to 49.3% from 48% in the first quarter last year.
Selling, Marketing, General and
Administrative Expenses ("SG&A Expenses") for the first quarter of 2010
totaled NIS 322 million ($87 million), compared to NIS 311 million ($84
million) in the first quarter last year. The increase in SG&A Expenses
resulted mainly from an increase in payroll expenses primarily attributed to
an increase in the Company's sales and customer service force.
Operating income for the first quarter 2010 increased 4.6%,
reaching NIS 457 million ($123 million), compared to NIS 437 million ($118
million) in the first quarter last year.
EBITDA for the first quarter 2010 increased 1.8%, reaching NIS
638 million ($172 million), compared to NIS 627 million ($169 million) in the
first quarter of 2009. EBITDA as a percent of total revenues, reached 40.4%
compared to 40.2% in the first quarter last year.
Financing expenses, net for the first quarter 2010 totaled NIS
36 million ($10 million), compared to financing income net of NIS 28 million
($8 million) in the first quarter last year. This change resulted from three
main elements: (1) a loss from currency hedging transactions due to an
appreciation of 1.6% of the NIS against the US dollar in the first quarter of
2010, compared to a gain from currency hedging transactions in the first
quarter last year due to a depreciation of 10.2% of the NIS against the US
dollar in the first quarter last year; (2) a loss from the Israeli Consumer
Price Index (CPI) hedging transactions in the first quarter 2010 resulting
mainly from a deflation of 0.9% in the first quarter this year, compared to a
gain from CPI hedging transactions in the first quarter last year; and (3)
increased interest expenses, associated with the Company's debentures, due to
the increased debt level. These three impacts were partially offset by an
increased income from linkage to the CPI, associated with the Company's
debentures, due to the higher deflation in the first quarter of 2010 compared
to the first quarter last year, as well as from income from foreign currency
differences relating to trade payables balances in the first quarter 2010,
compared to expenses from foreign currency differences in the first quarter
last year, following the changes in the NIS/US dollar exchange rate.
Net Income for the first quarter 2010 totaled NIS 314 million
($85 million), compared to NIS 345 million ($93 million) in the first quarter
last year. This decrease resulted from the higher financing expenses. Basic
earnings per share for the first quarter 2010 totaled NIS 3.18 ($0.86),
compared to NIS 3.51 ($0.95) in the first quarter 2009.
Operating Review
New Subscribers - at the end of March 2010 the Company had
approximately 3.313 million subscribers. During the first quarter of 2010 the
Company added approximately 21,000 net new subscribers, all of them post-paid
subscribers.
In the first quarter of 2010, the Company added approximately
40,000 net new 3G subscribers to its 3G subscriber base, reaching
approximately 1.037 million 3G subscribers at the end of March 2010,
representing 31.3% of the Company's total subscriber base, an increase from
the 26% 3G subscribers represented of total subscribers at the end of March
2009.
The Churn Rate in the first quarter 2010 was 5.4%, compared to
5.0% in the first quarter last year. The churn for both quarters was
primarily impacted by the churn of pre-paid subscribers, characterized by
lower contribution, and subscribers with collection problems.
Average monthly subscriber Minutes of Use ("MOU") in the first
quarter 2010 totaled 328 minutes, compared to 323 minutes in the first
quarter 2009, an increase of 1.6%.
The monthly Average Revenue per User (ARPU) for the first
quarter 2010 decreased 0.6% and totaled NIS 139.1 ($37.5), compared to NIS
139.9 ($37.7) in the first quarter last year.
Financing and Investment Review
Cash Flow
Free cash flow for the first quarter of 2010 totaled NIS 387
million ($104 million), compared to NIS 393 million ($106 million) generated
in the first quarter of 2009. The decrease in free cash flow resulted mainly
from payments for derivative hedging transactions and other derivative
transactions in the first quarter of 2010, compared to proceeds received from
such transactions in the first quarter last year.
Shareholders' Equity
Shareholders' Equity as of March 31, 2010 amounted to NIS 430
million ($116 million), primarily consisting of accumulated undistributed
retained earnings.
Investment in Fixed Assets and Intangible Assets
During the first quarter 2010, the Company invested NIS 137
million ($37 million) in fixed assets and intangible assets (including, among
others, deferred sales commissions and handsets subsidies and investments in
information systems and software), compared to NIS 114 million ($31 million)
in the first quarter 2009.
Dividend
On May 16, 2010, the Company's board of directors declared a
cash dividend in the amount of NIS 3.64 per share, and in the aggregate
amount of approximately NIS 360 million (the equivalent of approximately
$0.97 per share and approximately $96 million in the aggregate, based on the
representative rate of exchange on May 13, 2010; The actual US$ amount for
dividend paid in US$ will be converted from NIS based upon the representative
rate of exchange published by the Bank of Israel on June 7, 2010), subject to
withholding tax described below. The dividend will be payable to all of the
Company's shareholders of record at the end of the trading day in the NYSE on
May 27, 2010. The payment date will be June 9, 2010. According to the Israeli
tax law, the Company will deduct at source 20% of the dividend amount payable
to each shareholder, as aforesaid, subject to applicable exemptions. The
dividend per share that the Company will pay for the first quarter of 2010
does not reflect the level of dividends that will be paid for future
quarterly periods, which can change at any time in accordance with the
Company's dividend policy. A dividend declaration is not guaranteed and is
subject to the Company's board of directors' sole discretion, as detailed in
the Company's annual report for the year ended December 31, 2009 on Form
20-F, under "Item 8 - Financial Information - Dividend Policy".
Other developments during the first quarter of 2010 and
subsequent to the end of the reporting period
Regulation - Tariff Supervision
In May 2010, following the previously reported examination
conducted by the Israeli Ministry of Communications, or MOC, regarding
interconnect tariffs payable by cellular operators, the MOC announced it is
considering changes to the Israeli regulations which set interconnect tariffs
among Israeli operators, as follows:
- to reduce the maximum interconnect tariff payable by a
landline operator or a cellular operator for the completion of a call on
another cellular network from the current tariff of NIS 0.251 per minute
to NIS 0.0414 per minute from August 1, 2010; to NIS 0.0354 per minute
from January 1, 2011; to 0.0311 per minute from January 1, 2012; to NIS
0.0280 per minute from January 1, 2013; and to NIS 0.0257 as of January
1, 2014.
- to reduce the maximum interconnect tariff payable by a cellular
operator for sending an SMS message to another cellular network from the
current tariff of NIS 0.0285 to NIS 0.0019 from August 1, 2010; to NIS
0.0017 from January 1, 2011; to NIS 0.0016 from January 1, 2012; to NIS
0.0014 from January 1, 2013; and to NIS 0.0013 from January 1, 2014.
- the tariffs do not include VAT will be updated annually from
January 1, 2011, based on the change in the Israeli CPI published in
November of the preceding year against the Israeli CPI published in
January 2010.
The Company and the other cellular operators may respond to
the proposed changes within 30 days, at which time the MOC is expected to
make a final determination. The Company can not assess at this stage the
ultimate outcome of the hearing and what the final maximum tariffs will be,
but it is reviewing its possible effect on its results of operations. If the
changes as currently proposed are adopted, then, absent any efforts to
mitigate the expected loss of revenues, the currently proposed changes are
expected to have a monthly adverse effect estimated at this stage to amount
to approximately NIS 35 million on the Company's EBITDA and approximately NIS
25 million on the Company's net income, from August 2010. Additionally, such
proposed changes may have additional effects, such as on the volumes of
outgoing and incoming calls to cellular networks, and facilitation of MVNOs'
entry to the market, all of which may have a material adverse affect on the
Company's results of operations. The Company intends to take measures to
mitigate as much as possible expected adverse effects of such proposed
changes, through revenue enhancement as well as cost reduction. The Company
cannot estimate at this stage the actual effects of the changes, if adopted.
The Company intends to object strongly to the proposed changes but cannot
predict the ultimate outcome of such objections.
For additional details see the Company's most recent annual
report for the year ended December 31, 2009 on Form 20-F under "Item 3. Key
Information - D. Risk Factors - Risks related to our business - We operate in
a heavily regulated industry, which can harm our results of operations" and "
We face intense competition in all aspects of our business", as well as under
"Item 4. Information on the Company - B. Business Overview - Competition",
"Government Regulations -Tariff Supervision" and "Mobile Virtual Network
Operator".
Forward Looking Statement - The information above contains, or
may be deemed to contain, forward-looking statements (as defined in the U.S.
Private Securities Litigation Reform Act of 1995 and the Israeli Securities
Law, 1968). Said forward-looking statements, relating to the reduction of
interconnect tariffs and its influence on the Company's results of
operations, are subject to uncertainties and assumptions about the outcome of
the aforesaid hearing and the Company's ability to mitigate the expected lost
revenues. The Company's ability to mitigate the expected lost revenues could
lead to materially different outcome than that set forth above.
Cell sites
Following the previously reported opinion of the Israeli
Attorney General, on March 2010 the Israeli Ministry of Interior Affairs
submitted drat regulations, setting the conditions for the application of the
exemption from the requirement to obtain a building permit for radio access
devices, for the approval of the Economy Committee of the Israeli Parliament.
The draft regulations include substantial limitations on the ability to
construct radio access devices based on such exemption, including a
limitation of the number of such radio access devices to 5% of the total
number of cell sites constructed or to be constructed with a building permit
in a certain area during a certain period, and to circumstances in which a
request for a building permit for the radio access device was filed and no
resolution has been granted within the timeframe set in the regulations. For
additional details see the Company's most recent annual report for the year
ended December 31,2009 on Form 20-F, under "Item 3. Key Information - D. Risk
Factors - Risks related to our business - We may not be able to obtain
permits to construct cell sites" as well as under "Item 4. Information on the
Company - B. Business Overview - Government Regulations - Permits for Cell
site Construction -Site Licensing".
Change of VP business customers
In April 2010, the Company announced on change of VP business
customers. Mr. Refael Poran, will be leaving his office as the Company's vice
president of business customers. Mr. Moty Caspy was appointed by the
Company's board of directors as the Company's vice president of business
customers, effective May 1, 2010. Mr. Poran will continue to serve in office
until Mr. Caspy assumes his responsibilities. For additional details see the
Company's immediate reports (on Form 6-K) dated April 15, 2010 and April 29,
2010.
Conference Call Details
The Company will be hosting a conference call on Monday, May
17, 2010 at 9:00 am ET, 6:00 am PT, 14:00 UK time, 16:00 Israel time. On the
call, management will review and discuss the results, and will be available
to answer questions. To participate, please either access the live webcast on
the Company's website, or call one of the following teleconferencing numbers
below. Please begin placing your calls at least 10 minutes before the
conference call commences. If you are unable to connect using the toll-free
numbers, please try the international dial-in number.
US Dial-in Number: 1-888-281-1167 UK Dial-in Number: 0-800-917-9141
Israel Dial-in Number: 03-918-0685 International Dial-in Number:
+972-3-918-0685
at: 09:00 am ET; 06:00 am PT; 14:00 UK Time; 16:00 Israel Time
To access the live webcast of the conference call, please
access the investor relations section of Cellcom Israel's website:
http://www.cellcom.co.il. After the call, a replay of the call will be
available under the same investor relations section.
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is the leading
Israeli cellular provider; Cellcom Israel provides its approximately 3.313
million subscribers (as at March 31, 2010) with a broad range of value added
services including cellular and landline telephony, roaming services for
tourists in Israel and for its subscribers abroad and additional services in
the areas of music, video, mobile office etc., based on Cellcom Israel's
technologically advanced infrastructure. The Company operates an HSPA 3.5
Generation network enabling advanced high speed broadband multimedia
services, in addition to GSM/GPRS/EDGE and TDMA networks. Cellcom Israel
offers Israel's broadest and largest customer service infrastructure
including telephone customer service centers, retail stores, and service and
sale centers, distributed nationwide. Through its broad customer service
network Cellcom Israel offers its customers technical support, account
information, direct to the door parcel services, internet and fax services,
dedicated centers for the hearing impaired, etc. As of 2006, Cellcom Israel,
through its wholly owned subsidiary Cellcom Fixed Line Communications L.P.,
provides landline telephone communication services in Israel, in addition to
data communication services. Cellcom Israel's shares are traded both on the
New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For
additional information please visit the Company's website
http://www.cellcom.co.il
Forward-Looking Statements
The following information contains, or may be deemed to
contain forward-looking statements (as defined in the U.S. Private Securities
Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). In some
cases, you can identify these statements by forward-looking words such as
"may," "might," "will," "should," "expect," "plan," "anticipate," "believe,"
"estimate," "predict," "potential" or "continue," the negative of these terms
and other comparable terminology. These forward-looking statements, which are
subject to risks, uncertainties and assumptions about us, may include
projections of our future financial results, our anticipated growth
strategies and anticipated trends in our business. These statements are only
predictions based on our current expectations and projections about future
events. There are important factors that could cause our actual results,
level of activity, performance or achievements to differ materially from the
results, level of activity, performance or achievements expressed or implied
by the forward-looking statements. Factors that could cause such differences
include, but are not limited to: changes to the terms of our license, new
legislation or decisions by the regulator affecting our operations, the
outcome of legal proceedings to which we are a party, particularly class
action lawsuits, our ability to maintain or obtain permits to construct and
operate cell sites, and other risks and uncertainties detailed from time to
time in our filings with the U.S. Securities and Exchange Commission,
including under the caption "Risk Factors" in our Annual Report for the year
ended December 31, 2009.
Although we believe the expectations reflected in the
forward-looking statements contained herein are reasonable, we cannot
guarantee future results, level of activity, performance or achievements.
Moreover, neither we nor any other person assumes responsibility for the
accuracy and completeness of any of these forward-looking statements. We
assume no duty to update any of these forward-looking statements after the
date hereof to conform our prior statements to actual results or revised
expectations, except as otherwise required by law.
The Company prepares its financial statements in accordance
with International Financial Reporting Standards (IFRS), as issued by the
International Accounting Standards Board (IASB). Unless noted specifically
otherwise, the dollar denominated figures were converted to US$ using a
convenience translation based on the US$\New Israeli Shekel (NIS) conversion
rate of NIS 3.713 = US$ 1 as published by the Bank of Israel on March 31,
2010.
Use of non-GAAP financial measures
EBITDA is a non-GAAP measure and is defined as income before
financing income (expenses), net; other income (expenses), net; income tax;
depreciation and amortization. This is an accepted measure in the
communications industry. The Company presents this measure as an additional
performance measure as the Company believes that it enables us to compare
operating performance between periods and companies, net of any potential
differences which may result from differences in capital structure, taxes,
age of fixed assets and related depreciation expenses. EBITDA should not be
considered in isolation, or as a substitute for operating income, any other
performance measures, or cash flow data, which were prepared in accordance
with Generally Accepted Accounting Principles as measures of profitability or
liquidity. EBITDA does not take into account debt service requirements, or
other commitments, including capital expenditures, and therefore, does not
necessarily indicate the amounts that may be available for the Company's use.
In addition, EBITDA may not be comparable to similarly titled measures
reported by other companies, due to differences in the way these measures are
calculated. See the reconciliation between the net income and the EBITDA
presented at the end of this Press Release.
Free cash flow is a non-GAAP measure and is defined as the net cash
provided by operating activities minus the net cash used in investing
activities plus short-term investment in marketable debentures. See the
reconciliation note at the end of this Press Release.
Financial Tables Follow
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Financial position
Convenience
translation
into US dollar
March 31, March 31, March 31, December 31,
2010 2010 * 2009 2009
NIS millions US$ millions NIS NIS
millions millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Assets
Cash and cash 618 166 152 903
equivalents
Current investments, 383 103 72 272
including derivatives
Trade receivables 1,554 419 1,518 1,579
Other receivables 71 19 66 63
Inventory 134 36 128 149
Total current assets 2,760 743 1,936 2,966
Trade and other 584 157 612 606
receivables
Property, plant and 2,060 555 2,100 2,096
equipment, net
Intangible assets, net 704 190 728 711
Total non- current 3,348 902 3,440 3,413
assets
Total assets 6,108 1,645 5,376 6,379
Liabilities
Debentures current 344 93 327 350
maturities
Trade payables and 718 193 686 806
accrued expenses
Current tax liabilities 83 22 120 67
Provisions 87 24 52 84
Other current 364 98 318 405
liabilities, including
derivatives
Total current 1,596 430 1,503 1,712
liabilities
Debentures 3,983 1,073 3,213 4,185
Provisions 17 4 18 16
Other long-term 1 - - 1
liabilities
Deferred taxes 81 22 158 91
Total non- current 4,082 1,099 3,389 4,293
liabilities
Total liabilities 5,678 1,529 4,892 6,005
Shareholders' equity
Share capital 1 - 1 1
Cash flow hedge reserve (24) (6) 8 (23)
Retained earnings 453 122 475 396
Total shareholders' 430 116 484 374
equity
Total liabilities and 6,108 1,645 5,376 6,379
shareholders' equity
(*) Retrospective application due to accounting policy
change regarding "Subscriber Acquisition and Retention Costs"
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Income
Three- month period ended Year ended
March 31, December 31,
Convenience
translation
into US
dollar
2010 2010 * 2009 2009
NIS millions US$ millions NIS millions NIS
millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Revenues 1,580 426 1,561 6,483
Cost of revenues 801 216 811 3,333
Gross profit 779 210 750 3,150
Selling and marketing
expenses 163 44 157 716
General and
administrative expenses 159 43 154 660
Other (income) expenses,
net - - 2 6
Operating income 457 123 437 1,768
Financing income 23 6 60 151
Financing expenses (59) (16) (32) (370)
Financing costs, net (36) (10) 28 (219)
Income before income tax 421 113 465 1,549
Income tax 107 28 120 367
Net income 314 85 345 1,182
Earnings per share
Basic earnings per share
in NIS 3.18 0.86 3.51 12.01
Diluted earnings per
share in NIS 3.16 0.85 3.48 11.90
(*) Retrospective application due to accounting policy change regarding
"Subscriber Acquisition and Retention Costs"
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Cash Flows
Three- month period ended Year ended
March 31, December 31,
Convenience
translation
into US
dollar
2010 2010 * 2009 2009
NIS US$ NIS NIS
millions millions millions millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Cash flows from operating
activities
Net income for the period 314 85 345 1,182
Adjustments for:
Depreciation and
Amortization 181 49 188 755
Share based payments - - - 1
Loss (gain) on sale of
assets - - 2 6
Income tax expense 107 28 120 367
Financial (income) expenses,
net 36 10 (28) 219
Changes in operating assets
and liabilities:
Changes in inventories (5) (1) (25) (105)
Changes in trade receivables
(including long- term
amounts) 76 20 (39) (69)
Changes in other receivables
(including long- term
amounts) (25) (7) (25) 2
Changes in trade payables
and accrued expenses (34) (9) 66 152
Changes in other liabilities
(including long-term
amounts) 6 1 9 (4)
Proceeds (Payments) for
derivative hedging
contracts, net (5) (1) 5 21
Income tax paid (100) (27) (90) (447)
Net cash from operating
activities 551 148 528 2,080
Cash flows from investing
activities
Acquisition of property,
plant, and equipment (105) (28) (112) (404)
Acquisition of intangible
assets (58) (16) (47) (173)
Change in current
investments, net (138) (37) - (212)
Proceeds (payments) for
other derivative contracts,
net (5) (1) ** 24 ** 8
Proceeds from sales of
property, plant and
equipment 1 - - 2
Interest received 3 1 - 5
Net cash used in investing
activities (302) (81) (135) (774)
(*) Retrospective application due to accounting policy
change regarding "Subscriber Acquisition and Retention Costs"
(**) Reclassified
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Cash Flows (cont'd)
Three- month period ended Year ended
March 31, December 31,
Convenience
translation
into US
dollar
2010 2010 2009 2009
NIS US$ NIS NIS
millions millions millions millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Cash flows from financing
activities
Proceeds from derivative
contracts, net 13 3 4 33
Proceeds (Payments) for
short term borrowings (3) (1) - 8
Repayment of debentures (171) (46) (164) (332)
Proceeds from issuance of
debentures, net of issuance
costs - - - 989
Dividend paid (256) (69) (270) (1,186)
Interest paid (117) (31) (86) (190)
Net cash used in financing
activities (534) (144) (516) (678)
Changes in cash and cash
equivalents (285) (77) (123) 628
Balance of cash and cash
equivalents at beginning of
the period 903 243 275 275
Balance of cash and cash
equivalents at end of
the period 618 166 152 903
Cellcom Israel Ltd.
(An Israeli Corporation)
Reconciliation for Non-GAAP Measures
EBITDA
The following is a reconciliation of net income to EBITDA:
Three-month period ended Year ended
March 31, December 31,
Convenience
translation
into US dollar
2010 2010 2009 2009
NIS millions US$ millions NIS millions
NIS millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Net income. 314 85 345 1,182
Income taxes..... 107 28 120 367
Financing income. (23) (6) (60) (151)
Financing expenses.59 16 32 370
Other expenses
(income)..... - - 2 6
Depreciation and
amortization.. 181 49 188 755
EBITDA... 638 172 627 2,529
Free Cash Flow
The following table shows the calculation of free cash flow:
Three-month period ended Year ended
March 31, December 31,
Convenience
translation
into US dollar
2010 2010 2009 2009
NIS millions US$ millions NIS millions
NIS millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Cash flows
from operating
activities. 551 148 528 2,080
Cash flows from investing
activities... (302) (81) (135) (774)
short-term Investment in marketable
debentures.. 138 37 - 212
Free Cash Flow.. 387 104 393 1,518
---------------------------------
[1] Please see "Use of Non-GAAP financial measures" section at the end of
this press release.
[2] Following the change in accounting policy in the second
quarter of 2009 regarding recognition of certain subscriber acquisition and
retention costs for capitalization, comparison data for the first quarter
2009 was changed to reflect the retrospective application of that change.
[3] See "Other developments during the first quarter of 2010 and
subsequent to the end of the reporting period", under "Regulation - Tariff
Supervision", below, for additional details.
Company Contact
Yaacov Heen
Chief Financial Officer
investors@cellcom.co.il
Tel: +972-52-998-9755
IR Contacts
Porat Saar & Kristin Knies
CCG Investor Relations Israel & US
cellcom@ccgisrael.com
Tel: +1-646-233-2161
Source: Cellcom Israel Ltd.
Company Contact: Yaacov Heen, Chief Financial Officer, investors@cellcom.co.il, Tel: +972-52-998-9755; IR Contacts: Porat Saar & Kristin Knies, CCG Investor Relations Israel & US, cellcom@ccgisrael.com, Tel: +1-646-233-2161
NETANYA, Israel, May 17, 2010--
- Cellcom Israel Continues to Present an Increase in Service
Revenues, Operating Income, EBITDA and EBITDA Margin, Despite the Ongoing
Price Erosions and Growing Competition;
- EBITDA Margin Reached 40.4%; EBITDA[1] up by 1.8%
- Cellcom Israel Declares a First Quarter Dividend of NIS 3.64
per Share (Totals Approx. NIS 360 Million)
First Quarter 2010 Highlights (compared to the first quarter 2009[2]):
- Total Revenues from services increased 3% to NIS 1,414
million ($381 million)
- Revenues from content and value added services (including
SMS) increased 24.3%, reaching 17.8% of services revenues
- Total Revenues (including revenues from end-user equipment)
increased 1.2% to NIS 1,580 million ($426 million)
- EBITDA increased 1.8% to NIS 638 million ($172 million);
EBITDA margin 40.4%, up from 40.2%
- Operating income increased 4.6% to NIS 457 million ($123
million)
- Net income totaled NIS 314 million ($85 million), a 9%
decrease, attributed to the increase in financing expenses, net
- Subscriber base increased approx. 21,000 during the first
quarter, all post-paid subscribers; reaching approx. 3.313 million at the
end of March 2010
- 3G subscribers reached approx. 1.037 million at the end of
March 2010, net addition of approx. 40,000 in the first quarter 2010
- The Company Declared first quarter dividend of NIS 3.64 per
share
Cellcom Israel Ltd. (NYSE: CEL TASE: CEL) ("Cellcom Israel",
the "Company"), announced today its financial results for the first quarter
of 2010. Revenues for the first quarter 2010 totaled NIS 1,580 million ($426
million); EBITDA for the first quarter 2010 totaled NIS 638 million ($172
million), or 40.4% of total revenues; and net income for the first quarter
2010 totaled NIS 314 million ($85 million). Basic earnings per share for the
first quarter 2010 totaled NIS 3.18 ($0.86).
Commenting on the results, Amos Shapira, Chief Executive
Officer said, "Cellcom Israel continues its strong performance in the first
quarter of 2010 with sustained growth in service revenues, EBITDA, EBITDA
margin, operating income and subscriber base.
While the cellular market in Israel is evolving, we have
maintained our position as the cellular operator with the best financial
performance in Israel and as market leader in terms of subscriber base as
well as in total revenues. I believe this is a result of our strategy of
focusing on cellular communications while being committed to delivering
quality customer service. Likewise, our ability to leverage our core business
through new synergetic and growth opportunities while prudently managing
expenses, further solidifies and supports our leading position and strong
financial performance.
We are satisfied with the improvement in the growth rate of
airtime minutes, which totaled 4.8% in the first quarter this year compared
to 2.5% in the first quarter last year, as well as the service revenues
growth, totaled 3% this quarter compared to 1.1% in the first quarter last
year. Furthermore, in the first quarter 2010, we continued to expand our 3G
subscriber base, reaching 1.037 million at the end of March 2010,
representing 31.3% of our total subscriber base.
We operate in a heavily regulated industry and face an
increasing number of proposed regulatory changes. The Israeli Ministry of
Communications recently announced that it is considering a substantial
decrease of interconnect tariffs among Israeli operators[3]. This proposed
decrease follows other regulatory changes that are currently under its
consideration. We intend to object to the decrease of interconnect tariffs as
suggested, especially to the way it is implemented, which may have an adverse
effect on the Company's results, and we plan to take measures to mitigate its
impact.
We recently finalized the acquisition of the assets and
operation of Dynamica, one of our major dealers, whose communications chain
store will continue its operation as our wholly owned subsidiary while
benefiting from the synergies between Dynamica's operations and Cellcom
Israel's. I want to take this opportunity to welcome all Dynamica's managers
and employees to Cellcom Israel's family. I look forward to working together
in the future so that we can continue to provide our customers with quality
service and advanced products and handsets."
Commenting on the change in the Company's VP of business
customers, Mr. Shapira thanked the outgoing Mr. Poran on behalf of the
Company's employees, management and shareholders for his term of office and
loyal partnership and wished him success. With regard to the new VP, Mr.
Shapira said: "Moty Caspy, one of the Company's top managers, has contributed
greatly to the Company's success. We take great pride in appointing one of
our own managers, who grew in the company, to the VP business customers
position and wish Moty success in his new position."
Yaacov Heen, Chief Financial Officer, commented: "We are very
pleased with our results. Despite the ongoing airtime price erosion resulting
from the high market competition, we have seen a 3% rise in revenues from
services. Likewise, we have shown quarter over quarter growth in other key
areas including a 4.6% increase in operating income, a 1.2% increase in total
revenues, a 24.3% increase in content and value added services revenues and a
1.8% increase in EBITDA with EBITDA margin of 40.4%. In spite of the growth
in these key performance indicators, we presented a 9% decrease in net
income, which is fully attributed to the increase in our financing expenses,
net. This quarter, we also continued to present a strong free cash flow,
totaling NIS 387 million, which enable us to distribute a dividend of
approximately NIS 360 million, representing approximately 115% of net income
for the first quarter, to our shareholders."
Main Financial and Performance Indicators*:
Q1/2010 Q1/2009 % Change Q1/2010 Q1/2009
million NIS million US$
(convenience
translation)
Total Services revenues 1,414 1,373 3.0% 380.8 369.8
Revenues from content and 251 202 24.3% 67.6 54.4
value added services
Handset and accessories 166 188 (11.7%) 44.7 50.6
revenues
Total revenues 1,580 1,561 1.2% 425.5 420.4
Operating Income 457 437 4.6% 123.1 117.7
Net Income 314 345 (9.0%) 84.6 92.9
Free cash flow1 387 393 (1.5%) 104.2 105.8
EBITDA 638 627 1.8% 171.8 168.9
EBITDA, as percent of
Revenues 40.4% 40.2% 0.5%
Subscribers end of period
(in thousands) 3,313 3,208 3.3%
Monthly ARPU 139.1 139.9 (0.6%) 37.5 37.7
Average Monthly MOU 328 323 1.6%
* Following the change in accounting policy in the second
quarter of 2009 regarding recognition of certain subscriber acquisition and
retention costs for capitalization, comparison data for the first quarter
2009 was changed to reflect the retrospective application of that change.
Financial Review
Revenues for the first quarter of 2010 totaled NIS 1,580
million ($426 million), a 1.2% increase compared to NIS 1,561 million ($420
million) in the first quarter last year. The increase in revenues resulted
from an increase in revenues from services, reaching NIS 1,414 million ($381
million) in the first quarter of 2010, up from NIS 1,373 million ($370
million) in the first quarter last year. The higher service revenues resulted
mainly from an increase of approximately 24% in content and value added
services (including SMS) revenues in the first quarter 2010, compared to the
first quarter last year. Revenues from content and value added services
reached NIS 251 million ($68 million), or 17.8% of service revenues.
Furthermore, the increase in landline services revenues during the quarter
also contributed to the higher service revenues. These increases were
partially offset by the ongoing airtime price erosion. The increase in
service revenues was partially offset by a 11.7% decrease in handset and
accessories' revenues, from NIS 188 million ($51 million) in the first
quarter last year, to NIS 166 million ($45 million) in the first quarter
2010, due to a decrease in the average handset sale price and in the number
of handsets sold in the first quarter 2010 compared to the first quarter last
year, resulted from a different mix of marketing activities in these two
quarters.
Cost of revenues for the first quarter of 2010 totaled NIS 801
million ($216 million), a 1.2% decrease from NIS 811 million ($218 million)
in the first quarter last year. This decline primarily follows the lower
handset costs resulting from a decrease in the number of handsets sold during
the first quarter of 2010 compared to the first quarter last year, due to a
different mix of marketing activities in these two quarters. The decline in
cost of revenues also resulted from an increased efficiency in the cost of
content and value added services, lower depreciation expenses, as well as a
decrease in royalties to the Ministry of Communications resulting from a
decline in the royalties' rate. These decreases were partially offset by an
increase in total interconnect fees due to a quantitative increase in the
number of outgoing calls completed in other operators' networks.
Gross profit for the first quarter of 2010 increased 3.9%
reaching NIS 779 million ($210 million), compared to NIS 750 million ($202
million) in the first quarter of 2009. Gross profit margin for the first
quarter 2010 increased to 49.3% from 48% in the first quarter last year.
Selling, Marketing, General and
Administrative Expenses ("SG&A Expenses") for the first quarter of 2010
totaled NIS 322 million ($87 million), compared to NIS 311 million ($84
million) in the first quarter last year. The increase in SG&A Expenses
resulted mainly from an increase in payroll expenses primarily attributed to
an increase in the Company's sales and customer service force.
Operating income for the first quarter 2010 increased 4.6%,
reaching NIS 457 million ($123 million), compared to NIS 437 million ($118
million) in the first quarter last year.
EBITDA for the first quarter 2010 increased 1.8%, reaching NIS
638 million ($172 million), compared to NIS 627 million ($169 million) in the
first quarter of 2009. EBITDA as a percent of total revenues, reached 40.4%
compared to 40.2% in the first quarter last year.
Financing expenses, net for the first quarter 2010 totaled NIS
36 million ($10 million), compared to financing income net of NIS 28 million
($8 million) in the first quarter last year. This change resulted from three
main elements: (1) a loss from currency hedging transactions due to an
appreciation of 1.6% of the NIS against the US dollar in the first quarter of
2010, compared to a gain from currency hedging transactions in the first
quarter last year due to a depreciation of 10.2% of the NIS against the US
dollar in the first quarter last year; (2) a loss from the Israeli Consumer
Price Index (CPI) hedging transactions in the first quarter 2010 resulting
mainly from a deflation of 0.9% in the first quarter this year, compared to a
gain from CPI hedging transactions in the first quarter last year; and (3)
increased interest expenses, associated with the Company's debentures, due to
the increased debt level. These three impacts were partially offset by an
increased income from linkage to the CPI, associated with the Company's
debentures, due to the higher deflation in the first quarter of 2010 compared
to the first quarter last year, as well as from income from foreign currency
differences relating to trade payables balances in the first quarter 2010,
compared to expenses from foreign currency differences in the first quarter
last year, following the changes in the NIS/US dollar exchange rate.
Net Income for the first quarter 2010 totaled NIS 314 million
($85 million), compared to NIS 345 million ($93 million) in the first quarter
last year. This decrease resulted from the higher financing expenses. Basic
earnings per share for the first quarter 2010 totaled NIS 3.18 ($0.86),
compared to NIS 3.51 ($0.95) in the first quarter 2009.
Operating Review
New Subscribers - at the end of March 2010 the Company had
approximately 3.313 million subscribers. During the first quarter of 2010 the
Company added approximately 21,000 net new subscribers, all of them post-paid
subscribers.
In the first quarter of 2010, the Company added approximately
40,000 net new 3G subscribers to its 3G subscriber base, reaching
approximately 1.037 million 3G subscribers at the end of March 2010,
representing 31.3% of the Company's total subscriber base, an increase from
the 26% 3G subscribers represented of total subscribers at the end of March
2009.
The Churn Rate in the first quarter 2010 was 5.4%, compared to
5.0% in the first quarter last year. The churn for both quarters was
primarily impacted by the churn of pre-paid subscribers, characterized by
lower contribution, and subscribers with collection problems.
Average monthly subscriber Minutes of Use ("MOU") in the first
quarter 2010 totaled 328 minutes, compared to 323 minutes in the first
quarter 2009, an increase of 1.6%.
The monthly Average Revenue per User (ARPU) for the first
quarter 2010 decreased 0.6% and totaled NIS 139.1 ($37.5), compared to NIS
139.9 ($37.7) in the first quarter last year.
Financing and Investment Review
Cash Flow
Free cash flow for the first quarter of 2010 totaled NIS 387
million ($104 million), compared to NIS 393 million ($106 million) generated
in the first quarter of 2009. The decrease in free cash flow resulted mainly
from payments for derivative hedging transactions and other derivative
transactions in the first quarter of 2010, compared to proceeds received from
such transactions in the first quarter last year.
Shareholders' Equity
Shareholders' Equity as of March 31, 2010 amounted to NIS 430
million ($116 million), primarily consisting of accumulated undistributed
retained earnings.
Investment in Fixed Assets and Intangible Assets
During the first quarter 2010, the Company invested NIS 137
million ($37 million) in fixed assets and intangible assets (including, among
others, deferred sales commissions and handsets subsidies and investments in
information systems and software), compared to NIS 114 million ($31 million)
in the first quarter 2009.
Dividend
On May 16, 2010, the Company's board of directors declared a
cash dividend in the amount of NIS 3.64 per share, and in the aggregate
amount of approximately NIS 360 million (the equivalent of approximately
$0.97 per share and approximately $96 million in the aggregate, based on the
representative rate of exchange on May 13, 2010; The actual US$ amount for
dividend paid in US$ will be converted from NIS based upon the representative
rate of exchange published by the Bank of Israel on June 7, 2010), subject to
withholding tax described below. The dividend will be payable to all of the
Company's shareholders of record at the end of the trading day in the NYSE on
May 27, 2010. The payment date will be June 9, 2010. According to the Israeli
tax law, the Company will deduct at source 20% of the dividend amount payable
to each shareholder, as aforesaid, subject to applicable exemptions. The
dividend per share that the Company will pay for the first quarter of 2010
does not reflect the level of dividends that will be paid for future
quarterly periods, which can change at any time in accordance with the
Company's dividend policy. A dividend declaration is not guaranteed and is
subject to the Company's board of directors' sole discretion, as detailed in
the Company's annual report for the year ended December 31, 2009 on Form
20-F, under "Item 8 - Financial Information - Dividend Policy".
Other developments during the first quarter of 2010 and
subsequent to the end of the reporting period
Regulation - Tariff Supervision
In May 2010, following the previously reported examination
conducted by the Israeli Ministry of Communications, or MOC, regarding
interconnect tariffs payable by cellular operators, the MOC announced it is
considering changes to the Israeli regulations which set interconnect tariffs
among Israeli operators, as follows:
- to reduce the maximum interconnect tariff payable by a
landline operator or a cellular operator for the completion of a call on
another cellular network from the current tariff of NIS 0.251 per minute
to NIS 0.0414 per minute from August 1, 2010; to NIS 0.0354 per minute
from January 1, 2011; to 0.0311 per minute from January 1, 2012; to NIS
0.0280 per minute from January 1, 2013; and to NIS 0.0257 as of January
1, 2014.
- to reduce the maximum interconnect tariff payable by a cellular
operator for sending an SMS message to another cellular network from the
current tariff of NIS 0.0285 to NIS 0.0019 from August 1, 2010; to NIS
0.0017 from January 1, 2011; to NIS 0.0016 from January 1, 2012; to NIS
0.0014 from January 1, 2013; and to NIS 0.0013 from January 1, 2014.
- the tariffs do not include VAT will be updated annually from
January 1, 2011, based on the change in the Israeli CPI published in
November of the preceding year against the Israeli CPI published in
January 2010.
The Company and the other cellular operators may respond to
the proposed changes within 30 days, at which time the MOC is expected to
make a final determination. The Company can not assess at this stage the
ultimate outcome of the hearing and what the final maximum tariffs will be,
but it is reviewing its possible effect on its results of operations. If the
changes as currently proposed are adopted, then, absent any efforts to
mitigate the expected loss of revenues, the currently proposed changes are
expected to have a monthly adverse effect estimated at this stage to amount
to approximately NIS 35 million on the Company's EBITDA and approximately NIS
25 million on the Company's net income, from August 2010. Additionally, such
proposed changes may have additional effects, such as on the volumes of
outgoing and incoming calls to cellular networks, and facilitation of MVNOs'
entry to the market, all of which may have a material adverse affect on the
Company's results of operations. The Company intends to take measures to
mitigate as much as possible expected adverse effects of such proposed
changes, through revenue enhancement as well as cost reduction. The Company
cannot estimate at this stage the actual effects of the changes, if adopted.
The Company intends to object strongly to the proposed changes but cannot
predict the ultimate outcome of such objections.
For additional details see the Company's most recent annual
report for the year ended December 31, 2009 on Form 20-F under "Item 3. Key
Information - D. Risk Factors - Risks related to our business - We operate in
a heavily regulated industry, which can harm our results of operations" and "
We face intense competition in all aspects of our business", as well as under
"Item 4. Information on the Company - B. Business Overview - Competition",
"Government Regulations -Tariff Supervision" and "Mobile Virtual Network
Operator".
Forward Looking Statement - The information above contains, or
may be deemed to contain, forward-looking statements (as defined in the U.S.
Private Securities Litigation Reform Act of 1995 and the Israeli Securities
Law, 1968). Said forward-looking statements, relating to the reduction of
interconnect tariffs and its influence on the Company's results of
operations, are subject to uncertainties and assumptions about the outcome of
the aforesaid hearing and the Company's ability to mitigate the expected lost
revenues. The Company's ability to mitigate the expected lost revenues could
lead to materially different outcome than that set forth above.
Cell sites
Following the previously reported opinion of the Israeli
Attorney General, on March 2010 the Israeli Ministry of Interior Affairs
submitted drat regulations, setting the conditions for the application of the
exemption from the requirement to obtain a building permit for radio access
devices, for the approval of the Economy Committee of the Israeli Parliament.
The draft regulations include substantial limitations on the ability to
construct radio access devices based on such exemption, including a
limitation of the number of such radio access devices to 5% of the total
number of cell sites constructed or to be constructed with a building permit
in a certain area during a certain period, and to circumstances in which a
request for a building permit for the radio access device was filed and no
resolution has been granted within the timeframe set in the regulations. For
additional details see the Company's most recent annual report for the year
ended December 31,2009 on Form 20-F, under "Item 3. Key Information - D. Risk
Factors - Risks related to our business - We may not be able to obtain
permits to construct cell sites" as well as under "Item 4. Information on the
Company - B. Business Overview - Government Regulations - Permits for Cell
site Construction -Site Licensing".
Change of VP business customers
In April 2010, the Company announced on change of VP business
customers. Mr. Refael Poran, will be leaving his office as the Company's vice
president of business customers. Mr. Moty Caspy was appointed by the
Company's board of directors as the Company's vice president of business
customers, effective May 1, 2010. Mr. Poran will continue to serve in office
until Mr. Caspy assumes his responsibilities. For additional details see the
Company's immediate reports (on Form 6-K) dated April 15, 2010 and April 29,
2010.
Conference Call Details
The Company will be hosting a conference call on Monday, May
17, 2010 at 9:00 am ET, 6:00 am PT, 14:00 UK time, 16:00 Israel time. On the
call, management will review and discuss the results, and will be available
to answer questions. To participate, please either access the live webcast on
the Company's website, or call one of the following teleconferencing numbers
below. Please begin placing your calls at least 10 minutes before the
conference call commences. If you are unable to connect using the toll-free
numbers, please try the international dial-in number.
US Dial-in Number: 1-888-281-1167 UK Dial-in Number: 0-800-917-9141
Israel Dial-in Number: 03-918-0685 International Dial-in Number:
+972-3-918-0685
at: 09:00 am ET; 06:00 am PT; 14:00 UK Time; 16:00 Israel Time
To access the live webcast of the conference call, please
access the investor relations section of Cellcom Israel's website:
http://www.cellcom.co.il. After the call, a replay of the call will be
available under the same investor relations section.
About Cellcom Israel
Cellcom Israel Ltd., established in 1994, is the leading
Israeli cellular provider; Cellcom Israel provides its approximately 3.313
million subscribers (as at March 31, 2010) with a broad range of value added
services including cellular and landline telephony, roaming services for
tourists in Israel and for its subscribers abroad and additional services in
the areas of music, video, mobile office etc., based on Cellcom Israel's
technologically advanced infrastructure. The Company operates an HSPA 3.5
Generation network enabling advanced high speed broadband multimedia
services, in addition to GSM/GPRS/EDGE and TDMA networks. Cellcom Israel
offers Israel's broadest and largest customer service infrastructure
including telephone customer service centers, retail stores, and service and
sale centers, distributed nationwide. Through its broad customer service
network Cellcom Israel offers its customers technical support, account
information, direct to the door parcel services, internet and fax services,
dedicated centers for the hearing impaired, etc. As of 2006, Cellcom Israel,
through its wholly owned subsidiary Cellcom Fixed Line Communications L.P.,
provides landline telephone communication services in Israel, in addition to
data communication services. Cellcom Israel's shares are traded both on the
New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL). For
additional information please visit the Company's website
http://www.cellcom.co.il
Forward-Looking Statements
The following information contains, or may be deemed to
contain forward-looking statements (as defined in the U.S. Private Securities
Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). In some
cases, you can identify these statements by forward-looking words such as
"may," "might," "will," "should," "expect," "plan," "anticipate," "believe,"
"estimate," "predict," "potential" or "continue," the negative of these terms
and other comparable terminology. These forward-looking statements, which are
subject to risks, uncertainties and assumptions about us, may include
projections of our future financial results, our anticipated growth
strategies and anticipated trends in our business. These statements are only
predictions based on our current expectations and projections about future
events. There are important factors that could cause our actual results,
level of activity, performance or achievements to differ materially from the
results, level of activity, performance or achievements expressed or implied
by the forward-looking statements. Factors that could cause such differences
include, but are not limited to: changes to the terms of our license, new
legislation or decisions by the regulator affecting our operations, the
outcome of legal proceedings to which we are a party, particularly class
action lawsuits, our ability to maintain or obtain permits to construct and
operate cell sites, and other risks and uncertainties detailed from time to
time in our filings with the U.S. Securities and Exchange Commission,
including under the caption "Risk Factors" in our Annual Report for the year
ended December 31, 2009.
Although we believe the expectations reflected in the
forward-looking statements contained herein are reasonable, we cannot
guarantee future results, level of activity, performance or achievements.
Moreover, neither we nor any other person assumes responsibility for the
accuracy and completeness of any of these forward-looking statements. We
assume no duty to update any of these forward-looking statements after the
date hereof to conform our prior statements to actual results or revised
expectations, except as otherwise required by law.
The Company prepares its financial statements in accordance
with International Financial Reporting Standards (IFRS), as issued by the
International Accounting Standards Board (IASB). Unless noted specifically
otherwise, the dollar denominated figures were converted to US$ using a
convenience translation based on the US$\New Israeli Shekel (NIS) conversion
rate of NIS 3.713 = US$ 1 as published by the Bank of Israel on March 31,
2010.
Use of non-GAAP financial measures
EBITDA is a non-GAAP measure and is defined as income before
financing income (expenses), net; other income (expenses), net; income tax;
depreciation and amortization. This is an accepted measure in the
communications industry. The Company presents this measure as an additional
performance measure as the Company believes that it enables us to compare
operating performance between periods and companies, net of any potential
differences which may result from differences in capital structure, taxes,
age of fixed assets and related depreciation expenses. EBITDA should not be
considered in isolation, or as a substitute for operating income, any other
performance measures, or cash flow data, which were prepared in accordance
with Generally Accepted Accounting Principles as measures of profitability or
liquidity. EBITDA does not take into account debt service requirements, or
other commitments, including capital expenditures, and therefore, does not
necessarily indicate the amounts that may be available for the Company's use.
In addition, EBITDA may not be comparable to similarly titled measures
reported by other companies, due to differences in the way these measures are
calculated. See the reconciliation between the net income and the EBITDA
presented at the end of this Press Release.
Free cash flow is a non-GAAP measure and is defined as the net cash
provided by operating activities minus the net cash used in investing
activities plus short-term investment in marketable debentures. See the
reconciliation note at the end of this Press Release.
Financial Tables Follow
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Financial position
Convenience
translation
into US dollar
March 31, March 31, March 31, December 31,
2010 2010 * 2009 2009
NIS millions US$ millions NIS NIS
millions millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Assets
Cash and cash 618 166 152 903
equivalents
Current investments, 383 103 72 272
including derivatives
Trade receivables 1,554 419 1,518 1,579
Other receivables 71 19 66 63
Inventory 134 36 128 149
Total current assets 2,760 743 1,936 2,966
Trade and other 584 157 612 606
receivables
Property, plant and 2,060 555 2,100 2,096
equipment, net
Intangible assets, net 704 190 728 711
Total non- current 3,348 902 3,440 3,413
assets
Total assets 6,108 1,645 5,376 6,379
Liabilities
Debentures current 344 93 327 350
maturities
Trade payables and 718 193 686 806
accrued expenses
Current tax liabilities 83 22 120 67
Provisions 87 24 52 84
Other current 364 98 318 405
liabilities, including
derivatives
Total current 1,596 430 1,503 1,712
liabilities
Debentures 3,983 1,073 3,213 4,185
Provisions 17 4 18 16
Other long-term 1 - - 1
liabilities
Deferred taxes 81 22 158 91
Total non- current 4,082 1,099 3,389 4,293
liabilities
Total liabilities 5,678 1,529 4,892 6,005
Shareholders' equity
Share capital 1 - 1 1
Cash flow hedge reserve (24) (6) 8 (23)
Retained earnings 453 122 475 396
Total shareholders' 430 116 484 374
equity
Total liabilities and 6,108 1,645 5,376 6,379
shareholders' equity
(*) Retrospective application due to accounting policy
change regarding "Subscriber Acquisition and Retention Costs"
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Income
Three- month period ended Year ended
March 31, December 31,
Convenience
translation
into US
dollar
2010 2010 * 2009 2009
NIS millions US$ millions NIS millions NIS
millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Revenues 1,580 426 1,561 6,483
Cost of revenues 801 216 811 3,333
Gross profit 779 210 750 3,150
Selling and marketing
expenses 163 44 157 716
General and
administrative expenses 159 43 154 660
Other (income) expenses,
net - - 2 6
Operating income 457 123 437 1,768
Financing income 23 6 60 151
Financing expenses (59) (16) (32) (370)
Financing costs, net (36) (10) 28 (219)
Income before income tax 421 113 465 1,549
Income tax 107 28 120 367
Net income 314 85 345 1,182
Earnings per share
Basic earnings per share
in NIS 3.18 0.86 3.51 12.01
Diluted earnings per
share in NIS 3.16 0.85 3.48 11.90
(*) Retrospective application due to accounting policy change regarding
"Subscriber Acquisition and Retention Costs"
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Cash Flows
Three- month period ended Year ended
March 31, December 31,
Convenience
translation
into US
dollar
2010 2010 * 2009 2009
NIS US$ NIS NIS
millions millions millions millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Cash flows from operating
activities
Net income for the period 314 85 345 1,182
Adjustments for:
Depreciation and
Amortization 181 49 188 755
Share based payments - - - 1
Loss (gain) on sale of
assets - - 2 6
Income tax expense 107 28 120 367
Financial (income) expenses,
net 36 10 (28) 219
Changes in operating assets
and liabilities:
Changes in inventories (5) (1) (25) (105)
Changes in trade receivables
(including long- term
amounts) 76 20 (39) (69)
Changes in other receivables
(including long- term
amounts) (25) (7) (25) 2
Changes in trade payables
and accrued expenses (34) (9) 66 152
Changes in other liabilities
(including long-term
amounts) 6 1 9 (4)
Proceeds (Payments) for
derivative hedging
contracts, net (5) (1) 5 21
Income tax paid (100) (27) (90) (447)
Net cash from operating
activities 551 148 528 2,080
Cash flows from investing
activities
Acquisition of property,
plant, and equipment (105) (28) (112) (404)
Acquisition of intangible
assets (58) (16) (47) (173)
Change in current
investments, net (138) (37) - (212)
Proceeds (payments) for
other derivative contracts,
net (5) (1) ** 24 ** 8
Proceeds from sales of
property, plant and
equipment 1 - - 2
Interest received 3 1 - 5
Net cash used in investing
activities (302) (81) (135) (774)
(*) Retrospective application due to accounting policy
change regarding "Subscriber Acquisition and Retention Costs"
(**) Reclassified
Cellcom Israel Ltd.
(An Israeli Corporation)
Condensed Consolidated Statements of Cash Flows (cont'd)
Three- month period ended Year ended
March 31, December 31,
Convenience
translation
into US
dollar
2010 2010 2009 2009
NIS US$ NIS NIS
millions millions millions millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Cash flows from financing
activities
Proceeds from derivative
contracts, net 13 3 4 33
Proceeds (Payments) for
short term borrowings (3) (1) - 8
Repayment of debentures (171) (46) (164) (332)
Proceeds from issuance of
debentures, net of issuance
costs - - - 989
Dividend paid (256) (69) (270) (1,186)
Interest paid (117) (31) (86) (190)
Net cash used in financing
activities (534) (144) (516) (678)
Changes in cash and cash
equivalents (285) (77) (123) 628
Balance of cash and cash
equivalents at beginning of
the period 903 243 275 275
Balance of cash and cash
equivalents at end of
the period 618 166 152 903
Cellcom Israel Ltd.
(An Israeli Corporation)
Reconciliation for Non-GAAP Measures
EBITDA
The following is a reconciliation of net income to EBITDA:
Three-month period ended Year ended
March 31, December 31,
Convenience
translation
into US dollar
2010 2010 2009 2009
NIS millions US$ millions NIS millions
NIS millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Net income. 314 85 345 1,182
Income taxes..... 107 28 120 367
Financing income. (23) (6) (60) (151)
Financing expenses.59 16 32 370
Other expenses
(income)..... - - 2 6
Depreciation and
amortization.. 181 49 188 755
EBITDA... 638 172 627 2,529
Free Cash Flow
The following table shows the calculation of free cash flow:
Three-month period ended Year ended
March 31, December 31,
Convenience
translation
into US dollar
2010 2010 2009 2009
NIS millions US$ millions NIS millions
NIS millions
(Unaudited) (Unaudited) (Unaudited) (Audited)
Cash flows
from operating
activities. 551 148 528 2,080
Cash flows from investing
activities... (302) (81) (135) (774)
short-term Investment in marketable
debentures.. 138 37 - 212
Free Cash Flow.. 387 104 393 1,518
---------------------------------
[1] Please see "Use of Non-GAAP financial measures" section at the end of
this press release.
[2] Following the change in accounting policy in the second
quarter of 2009 regarding recognition of certain subscriber acquisition and
retention costs for capitalization, comparison data for the first quarter
2009 was changed to reflect the retrospective application of that change.
[3] See "Other developments during the first quarter of 2010 and
subsequent to the end of the reporting period", under "Regulation - Tariff
Supervision", below, for additional details.
Company Contact
Yaacov Heen
Chief Financial Officer
investors@cellcom.co.il
Tel: +972-52-998-9755
IR Contacts
Porat Saar & Kristin Knies
CCG Investor Relations Israel & US
cellcom@ccgisrael.com
Tel: +1-646-233-2161
Source: Cellcom Israel Ltd.
Company Contact: Yaacov Heen, Chief Financial Officer, investors@cellcom.co.il, Tel: +972-52-998-9755; IR Contacts: Porat Saar & Kristin Knies, CCG Investor Relations Israel & US, cellcom@ccgisrael.com, Tel: +1-646-233-2161
May 16, 2010
AT&T Creates Advanced Enterprise Mobility Solutions Group to Focus on Applications and Solutions for Workplaces of All Sizes
Poster: SySAdmin
Posted on May 16, 2010 at 11:07:01 PM
AT&T Creates Advanced Enterprise Mobility Solutions Group to Focus on Applications and Solutions for Workplaces of All Sizes
Company Appoints Veteran Officer to Lead Initiative to Help Mobilize Businesses and Organizations
DALLAS, May 17 -- AT&T* today said it is creating a new group within its Business Solutions unit to accelerate the delivery of advanced mobile applications and solutions for traditional and emerging devices to businesses, governments and organizations of all sizes globally. The group - to be called Advanced Enterprise Mobility Solutions - will complement AT&T's Emerging Devices Organization which focuses on devices that are wirelessly enabled for consumers.
Michael Antieri has been named President of the Advanced Enterprise Mobility Solutions unit and assumes responsibility for the development, sales and deployment of mobile applications and solutions for organizations whose workforces and customers are increasingly doing business "on the go" using all kinds of connected devices - both traditional and emerging devices.
"Companies today are more mobile than ever, traveling to clients, working from remote locations, using devices to communicate while on the move, and wirelessly connecting devices to each other," said Ron Spears, President and CEO of AT&T Business Solutions. "With millions of workers now using smartphones, netbooks and rugged devices, and with multiple industries now adopting machine-to-machine applications, we see a tremendous opportunity to bring the power of our networking expertise and assets to help companies everywhere 'go mobile' by mobilizing their business processes to take advantage of real-time information and transactions to do business more efficiently and productively."
U.S. businesses are increasingly depending on mobile applications. Industry analyst firm IDC(1) found that there were more than 450 million mobile Internet users worldwide in 2009, a number that is expected to more than double by the end of 2013. In addition, according to IDC(2), the United States has the highest percentage of mobile workers today - growing to an estimated 75 percent of workers by 2013.
Over the last two years, AT&T has tripled the number of business subscribers who are using integrated devices. In the last year alone, the company has seen a 60 percent increase in business subscribers, as "enterprise-class" devices and applications continue to proliferate within a host of industries, including manufacturing, financial services, consumer packaged goods, retail, trade, construction, transportation, government education and healthcare.
Antieri, a 31-year company veteran, will head the new Advanced Enterprise Mobility Solutions business unit focused on delivering mobility solutions specific to these industries. The unit will work with developers and third-party providers to help co-innovate and deliver applications in a network and cloud-based environment that easily allows them to extend new services down to any desired device.
"Very few players in the industry have the breadth of AT&T assets and the capillary density of AT&T's distribution channels to reach out and touch customers across of the enterprise, small business and government spaces," said Michael Antieri, President, Advanced Enterprise Mobility Solutions, AT&T Business Solutions. "Building upon AT&T's already successful Emerging Devices Organization, we will work closely with the AT&T EDO team to harness their strengths and investments, and work with businesses to mobilize their applications, transform their business processes and capture the potential opportunities that M2M technology offers."
*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.
About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company. 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 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T | DIRECTV(SM) 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. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
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 @ATTNews. Find us on Facebook at http://www.Facebook.com/ATT to discover more about our consumer and wireless services or at http://www.Facebook.com/ATTSmallBiz to discover more about our small business services.
© 2010 AT&T Intellectual Property. All rights reserved. 3G service 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.
(1) Source: IDC, Worldwide Digital Marketplace Model and Forecast, December 2009
(2) Source: IDC, Worldwide Mobile Worker Population 2009-2013 Forecast, Doc # 221309, December 2009
Source: AT&T Inc.
CONTACT: Melissa Mirabile, +1-212-453-2327, mmirabil@attnews.us, or
Janet Wyles, +1-908-234-6067, wyles@att.com, both of AT&T Inc.
Web Site: http://www.att.com/
Company Appoints Veteran Officer to Lead Initiative to Help Mobilize Businesses and Organizations
DALLAS, May 17 -- AT&T* today said it is creating a new group within its Business Solutions unit to accelerate the delivery of advanced mobile applications and solutions for traditional and emerging devices to businesses, governments and organizations of all sizes globally. The group - to be called Advanced Enterprise Mobility Solutions - will complement AT&T's Emerging Devices Organization which focuses on devices that are wirelessly enabled for consumers.
Michael Antieri has been named President of the Advanced Enterprise Mobility Solutions unit and assumes responsibility for the development, sales and deployment of mobile applications and solutions for organizations whose workforces and customers are increasingly doing business "on the go" using all kinds of connected devices - both traditional and emerging devices.
"Companies today are more mobile than ever, traveling to clients, working from remote locations, using devices to communicate while on the move, and wirelessly connecting devices to each other," said Ron Spears, President and CEO of AT&T Business Solutions. "With millions of workers now using smartphones, netbooks and rugged devices, and with multiple industries now adopting machine-to-machine applications, we see a tremendous opportunity to bring the power of our networking expertise and assets to help companies everywhere 'go mobile' by mobilizing their business processes to take advantage of real-time information and transactions to do business more efficiently and productively."
U.S. businesses are increasingly depending on mobile applications. Industry analyst firm IDC(1) found that there were more than 450 million mobile Internet users worldwide in 2009, a number that is expected to more than double by the end of 2013. In addition, according to IDC(2), the United States has the highest percentage of mobile workers today - growing to an estimated 75 percent of workers by 2013.
Over the last two years, AT&T has tripled the number of business subscribers who are using integrated devices. In the last year alone, the company has seen a 60 percent increase in business subscribers, as "enterprise-class" devices and applications continue to proliferate within a host of industries, including manufacturing, financial services, consumer packaged goods, retail, trade, construction, transportation, government education and healthcare.
Antieri, a 31-year company veteran, will head the new Advanced Enterprise Mobility Solutions business unit focused on delivering mobility solutions specific to these industries. The unit will work with developers and third-party providers to help co-innovate and deliver applications in a network and cloud-based environment that easily allows them to extend new services down to any desired device.
"Very few players in the industry have the breadth of AT&T assets and the capillary density of AT&T's distribution channels to reach out and touch customers across of the enterprise, small business and government spaces," said Michael Antieri, President, Advanced Enterprise Mobility Solutions, AT&T Business Solutions. "Building upon AT&T's already successful Emerging Devices Organization, we will work closely with the AT&T EDO team to harness their strengths and investments, and work with businesses to mobilize their applications, transform their business processes and capture the potential opportunities that M2M technology offers."
*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.
About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company. 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 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T | DIRECTV(SM) 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. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
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 @ATTNews. Find us on Facebook at http://www.Facebook.com/ATT to discover more about our consumer and wireless services or at http://www.Facebook.com/ATTSmallBiz to discover more about our small business services.
© 2010 AT&T Intellectual Property. All rights reserved. 3G service 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.
(1) Source: IDC, Worldwide Digital Marketplace Model and Forecast, December 2009
(2) Source: IDC, Worldwide Mobile Worker Population 2009-2013 Forecast, Doc # 221309, December 2009
Source: AT&T Inc.
CONTACT: Melissa Mirabile, +1-212-453-2327, mmirabil@attnews.us, or
Janet Wyles, +1-908-234-6067, wyles@att.com, both of AT&T Inc.
Web Site: http://www.att.com/
May 14, 2010
Verizon Wireless to Invest $51.7 Million on Its Wisconsin Network in 2010
Poster: SySAdmin
Posted on May 14, 2010 at 5:14:01 PM
Verizon Wireless to Invest $51.7 Million on Its Wisconsin Network in 2010
Company Adds More High-Speed Capacity, New Cell Sites
MILWAUKEE, May 14 -- Verizon Wireless will spend $51.7 million on its advanced high-speed 3G network in Wisconsin in 2010, including $20 million specifically to add more capacity to its network and stay ahead of customers' data usage.
The statewide enhancements will ensure that Verizon Wireless customers across Wisconsin can continue using their wireless devices to access the Internet, view high-quality videos, download music, games and ringtones, and send and receive email.
The company's overall $51.7 million investment will include building several new cell sites, among other initiatives. The $20 million capacity-improvement project entails installing equipment on hundreds of cell sites across Wisconsin, thereby increasing data capacity of the network across the state by 35 percent.
"We stay well ahead of our customers' growing needs by studying their data usage habits and test driving our network to experience firsthand the speeds and quality of our 3G network," said T.J. Fox, president-Wisconsin/Illinois Region, Verizon Wireless. "Network reliability is not just a catch phrase for us. It defines who we are."
Verizon Wireless has invested more than $59 billion since it was formed--$5.7 billion on average every year--to increase the coverage and capacity of its premier nationwide network and to add new services. Since the company was formed in 2000, Verizon Wireless has invested more than $354.5 million on improvements to its wireless network in Wisconsin.
About Verizon Wireless in Wisconsin
In Wisconsin, Verizon Wireless has more than 500 employees and 30 company-owned retail locations in 30 cities, including Appleton, Ashwaubenon, Brookfield, Chippewa Falls, Delafield, Eau Claire, Fitchburg, Fond du Lac, Franklin, Glendale, Grafton, Grand Chute, Greenfield, Green Bay, Janesville, Madison, Menomonee Falls, Middleton, Minocqua, Onalaska, Oshkosh, Pleasant Prairie, Racine, Rhinelander, Stevens Point, Tomah, Waukesha, Wauwatosa, West Bend and Wisconsin Rapids.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving nearly 93 million customers. Headquartered in Basking Ridge, N.J., with 81,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ)(NASDAQ:VZ) and Vodafone (NASDAQ:VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Source: Verizon Wireless
CONTACT: Carolyn Schamberger of Verizon Wireless, +1-847-619-4282,
Carolyn.Schamberger1@VerizonWireless.com; or Dana Carpenter, +1-414-299-3951,
Dana@CoreCreative.com, for Verizon Wireless
Web Site: http://www.verizonwireless.com/
Company Adds More High-Speed Capacity, New Cell Sites
MILWAUKEE, May 14 -- Verizon Wireless will spend $51.7 million on its advanced high-speed 3G network in Wisconsin in 2010, including $20 million specifically to add more capacity to its network and stay ahead of customers' data usage.
The statewide enhancements will ensure that Verizon Wireless customers across Wisconsin can continue using their wireless devices to access the Internet, view high-quality videos, download music, games and ringtones, and send and receive email.
The company's overall $51.7 million investment will include building several new cell sites, among other initiatives. The $20 million capacity-improvement project entails installing equipment on hundreds of cell sites across Wisconsin, thereby increasing data capacity of the network across the state by 35 percent.
"We stay well ahead of our customers' growing needs by studying their data usage habits and test driving our network to experience firsthand the speeds and quality of our 3G network," said T.J. Fox, president-Wisconsin/Illinois Region, Verizon Wireless. "Network reliability is not just a catch phrase for us. It defines who we are."
Verizon Wireless has invested more than $59 billion since it was formed--$5.7 billion on average every year--to increase the coverage and capacity of its premier nationwide network and to add new services. Since the company was formed in 2000, Verizon Wireless has invested more than $354.5 million on improvements to its wireless network in Wisconsin.
About Verizon Wireless in Wisconsin
In Wisconsin, Verizon Wireless has more than 500 employees and 30 company-owned retail locations in 30 cities, including Appleton, Ashwaubenon, Brookfield, Chippewa Falls, Delafield, Eau Claire, Fitchburg, Fond du Lac, Franklin, Glendale, Grafton, Grand Chute, Greenfield, Green Bay, Janesville, Madison, Menomonee Falls, Middleton, Minocqua, Onalaska, Oshkosh, Pleasant Prairie, Racine, Rhinelander, Stevens Point, Tomah, Waukesha, Wauwatosa, West Bend and Wisconsin Rapids.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving nearly 93 million customers. Headquartered in Basking Ridge, N.J., with 81,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ)(NASDAQ:VZ) and Vodafone (NASDAQ:VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Source: Verizon Wireless
CONTACT: Carolyn Schamberger of Verizon Wireless, +1-847-619-4282,
Carolyn.Schamberger1@VerizonWireless.com; or Dana Carpenter, +1-414-299-3951,
Dana@CoreCreative.com, for Verizon Wireless
Web Site: http://www.verizonwireless.com/
Yippy, Inc. DBA: 'Yippy' Has Closed the Clusty.com Transaction
Poster: SySAdmin
Posted on May 14, 2010 at 4:49:01 PM
Yippy, Inc. DBA: 'Yippy' Has Closed the Clusty.com Transaction
Metasearch engine Clusty.com has been acquired by Yippy, Inc.
FORT MYERS, Fla., May 14 -- Yippy, Inc., http://www.yippy.com, "Yippy", formerly Cinnabar Ventures, Inc. (BULLETIN BOARD: CNBR) today announces the completed acquisition of Clusty.com, http://www.clusty.com, an award-winning metasearch engine developed by Vivisimo, http://www.vivisimo.com, a industry leader in information optimization and enterprise search.
A full release will be issued Monday, May 17, 2010.
About Yippy, Inc., formerly Cinnabar Ventures, Inc.:
Based in Fort Myers Florida, Yippy, Inc. formerly known as Cinnabar Ventures, Inc., http://www.yippy.com, is a new economy technology company that develops technologies and application services environments for both Consumer and Commercial market segments in the cloud computing sector.
Forward-Looking Statements:
Pursuant to The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of Yippy, Inc. can be found in the filings of Yippy, Inc. with the U.S. Securities and Exchange Commission.
Contact:
Richard Granville
Yippy, Inc.
239-561-3827
Source: Yippy, Inc.
CONTACT: Richard Granville, Yippy, Inc., +1-239-561-3827
Web Site: http://www.yippy.com/
Metasearch engine Clusty.com has been acquired by Yippy, Inc.
FORT MYERS, Fla., May 14 -- Yippy, Inc., http://www.yippy.com, "Yippy", formerly Cinnabar Ventures, Inc. (BULLETIN BOARD: CNBR) today announces the completed acquisition of Clusty.com, http://www.clusty.com, an award-winning metasearch engine developed by Vivisimo, http://www.vivisimo.com, a industry leader in information optimization and enterprise search.
A full release will be issued Monday, May 17, 2010.
About Yippy, Inc., formerly Cinnabar Ventures, Inc.:
Based in Fort Myers Florida, Yippy, Inc. formerly known as Cinnabar Ventures, Inc., http://www.yippy.com, is a new economy technology company that develops technologies and application services environments for both Consumer and Commercial market segments in the cloud computing sector.
Forward-Looking Statements:
Pursuant to The Private Securities Litigation Reform Act of 1995: The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. Additional information on risks and other factors that may affect the business and financial results of Yippy, Inc. can be found in the filings of Yippy, Inc. with the U.S. Securities and Exchange Commission.
Contact:
Richard Granville
Yippy, Inc.
239-561-3827
Source: Yippy, Inc.
CONTACT: Richard Granville, Yippy, Inc., +1-239-561-3827
Web Site: http://www.yippy.com/
PA Recommends that Federal Government Award $108 million for Broadband Expansion Statewide
Poster: SySAdmin
Posted on May 14, 2010 at 1:28:01 PM
PA Recommends that Federal Government Award $108 million for Broadband Expansion Statewide
HARRISBURG, Pa., May 14 -- Pennsylvania has recommended 11 projects, totaling about $108 million, for federal American Recovery and Reinvestment Act funding to help expand broadband access in the state.
Sixty-two applications were submitted for review under the second round of the broadband stimulus program. Eleven projects were recommended because they will serve many areas and diverse needs, and reach underserved populations targeted by the federal broadband stimulus grant program.
Recommended projects include:
-- Armstrong and Indiana counties for $18.4 million for comprehensive
community infrastructure;
-- Com Pros, Inc. for $4.5 million for comprehensive community
infrastructure in Bedford, Blair, Fulton, and Huntingdon counties;
-- Borough of Conneautville, Crawford County, for $542,000 for a public
computer center;
-- Delaware County Library System for $300,000 for comprehensive
community infrastructure;
-- Fayette County for $10.3 million for comprehensive community
infrastructure;
-- Pennsylvania State University for $8.3 million for public computer
centers in Fayette, West Philadelphia, Greater Pittsburgh, McKeesport
and Westmoreland;
-- Greater Philadelphia Urban Affairs Coalition for $11.8 million for
sustainable broadband adoption;
-- City of Philadelphia for $6.3 million for public computer centers in
various locations across the city;
-- Philadelphia Housing Authority for $15 million for public computer
centers in underserved locations in Philadelphia;
-- Wilco Electronic Systems Inc. for $31 million for comprehensive
community infrastructure in Philadelphia to provide access to public
housing authority residents, local community organizations and
critical anchor institutions;
-- Wireless Neighborhoods for $784,000 for mobile public computer centers
in low-income neighborhoods across the City of Pittsburgh.
Pennsylvania's Secretary of Administration, Naomi Wyatt, recommended the projects in a recent letter submitted to the U.S. Department of Commerce. If selected, funding will be provided by the National Telecommunications and Infrastructure Administration's broadband technology opportunities program.
"We take very seriously our role in the review process," Wyatt said. "We assembled a team of subject matter experts from within and outside government to review the submissions. They offered a breadth and depth of experience. We also asked regional economic development partners to share their assessments of projects proposed in their areas."
State recommendations are not binding. Federal officials can both reject projects recommended by states and fund projects that did not earn such recommendations.
Funding determinations must be made by Sept. 30, 2010.
Pennsylvania's broadband plan, recommendation letter and information about how federal Recovery Act funds are improving broadband access in Pennsylvania are available at http://www.recovery.pa.gov. Click "Opportunities," then "Broadband (Hi-Speed Data Transfer) Opportunities."
Media contact: Mia DeVane, 717-783-1116
Source: Pennsylvania Office of Administration
CONTACT: Mia DeVane of the Pennsylvania Office of Administration,
+1-717-783-1116
Web Site: http://www.recovery.pa.gov/
HARRISBURG, Pa., May 14 -- Pennsylvania has recommended 11 projects, totaling about $108 million, for federal American Recovery and Reinvestment Act funding to help expand broadband access in the state.
Sixty-two applications were submitted for review under the second round of the broadband stimulus program. Eleven projects were recommended because they will serve many areas and diverse needs, and reach underserved populations targeted by the federal broadband stimulus grant program.
Recommended projects include:
-- Armstrong and Indiana counties for $18.4 million for comprehensive
community infrastructure;
-- Com Pros, Inc. for $4.5 million for comprehensive community
infrastructure in Bedford, Blair, Fulton, and Huntingdon counties;
-- Borough of Conneautville, Crawford County, for $542,000 for a public
computer center;
-- Delaware County Library System for $300,000 for comprehensive
community infrastructure;
-- Fayette County for $10.3 million for comprehensive community
infrastructure;
-- Pennsylvania State University for $8.3 million for public computer
centers in Fayette, West Philadelphia, Greater Pittsburgh, McKeesport
and Westmoreland;
-- Greater Philadelphia Urban Affairs Coalition for $11.8 million for
sustainable broadband adoption;
-- City of Philadelphia for $6.3 million for public computer centers in
various locations across the city;
-- Philadelphia Housing Authority for $15 million for public computer
centers in underserved locations in Philadelphia;
-- Wilco Electronic Systems Inc. for $31 million for comprehensive
community infrastructure in Philadelphia to provide access to public
housing authority residents, local community organizations and
critical anchor institutions;
-- Wireless Neighborhoods for $784,000 for mobile public computer centers
in low-income neighborhoods across the City of Pittsburgh.
Pennsylvania's Secretary of Administration, Naomi Wyatt, recommended the projects in a recent letter submitted to the U.S. Department of Commerce. If selected, funding will be provided by the National Telecommunications and Infrastructure Administration's broadband technology opportunities program.
"We take very seriously our role in the review process," Wyatt said. "We assembled a team of subject matter experts from within and outside government to review the submissions. They offered a breadth and depth of experience. We also asked regional economic development partners to share their assessments of projects proposed in their areas."
State recommendations are not binding. Federal officials can both reject projects recommended by states and fund projects that did not earn such recommendations.
Funding determinations must be made by Sept. 30, 2010.
Pennsylvania's broadband plan, recommendation letter and information about how federal Recovery Act funds are improving broadband access in Pennsylvania are available at http://www.recovery.pa.gov. Click "Opportunities," then "Broadband (Hi-Speed Data Transfer) Opportunities."
Media contact: Mia DeVane, 717-783-1116
Source: Pennsylvania Office of Administration
CONTACT: Mia DeVane of the Pennsylvania Office of Administration,
+1-717-783-1116
Web Site: http://www.recovery.pa.gov/
Verizon Wireless Celebrates Asian Pacific American Heritage Month With Five-City Concert Tour Featuring Chinese and Taiwanese Artists
Poster: SySAdmin
Posted on May 14, 2010 at 11:35:01 AM
Verizon Wireless Celebrates Asian Pacific American Heritage Month With Five-City Concert Tour Featuring Chinese and Taiwanese Artists
Van Ness Wu, JJ Lin, Evonne Hsu, and Mike Relm to greet fans at Verizon Wireless Communications Stores across the US
WALNUT CREEK, Calif., May 14 -- To celebrate the diverse arts and entertainment rooted in Asian cultures, Verizon Wireless is bringing some of the biggest Chinese and Taiwanese musical names to fans during May's Asian Pacific American Heritage Month (APAHM). The APAHM Concert Celebration Tour showcases the talents of Van Ness Wu, JJ Lin, and Evonne Hsu with concerts and in-store appearances in Seattle, New York City, Washington, D.C., San Francisco and Los Angeles.
The APAHM Concert Celebration Tour is Verizon Wireless' latest effort to support and celebrate the contributions of the Asian-American community. With more than eight percent of its employee base born of Asian or Asian American descent, Verizon Wireless is committed to supporting all its Asian employees and customers.
"We are excited to connect our customers with some of the biggest names on the Asian music scene," said Kevin Zavaglia, region president for Verizon Wireless. "APAHM is a big deal for us. Enriching the communities in which we live and work is one of our core values."
The APAHM Concert Celebration Tour includes the following events throughout May:
-- Thursday, May 20: Autograph signing with Van Ness Wu and Evonne Hsu,
in the Seattle University Verizon Wireless Store
-- Friday, May 21: Concert featuring Van Ness Wu, Evonne Hsu, and Mike
Relm in Seattle
-- Sunday, May 23: Concert featuring Van Ness Wu, Evonne Hsu, and Mike
Relm in New York
-- Monday, May 24: Autograph signing with Van Ness Wu and Evonne Hsu in
Flushing, NY, at Verizon Wireless Authorized Retailer HiPoint Wireless
-- Tuesday, May 25: Autograph signing with JJ Lin, Evonne Hsu, and Mike
Relm in the Germantown, MD, Verizon Wireless Store
-- Wednesday, May 26: Concert featuring JJ Lin, Evonne Hsu, and Mike Relm
in Washington, D.C.
-- Thursday, May 27: Concert featuring JJ Lin, Evonne Hsu, and Mike Relm
in San Francisco
-- Friday, May 28: Autograph signing with JJ Lin and Evonne Hsu, in the
San Francisco Market Street Verizon Wireless Store
-- Saturday, May 29: Concert featuring JJ Lin, Evonne Hsu, and Mike Relm
in Los Angeles
-- Sunday, May 30: Autograph signing with JJ Lin and Evonne Hsu, in the
Los Angeles Puente Hills Verizon Wireless Store
Fans are encouraged to bring no-longer-used wireless phones to the in-store autograph signing events for recycling through the company's HopeLine® program and for a chance to win an autographed concert T-shirt from the featured artists. For details, please visit http://www.verizoninsider.com/apahm/hopeline.aspx. HopeLine is Verizon Wireless' phone recycling and re-use program that supports domestic violence prevention agencies, including more than 20 organizations in the Bay Area. For more information about the HopeLine program, visit http://www.verizonwireless.com/hopeline.
For more information on the APAHM Concert Celebration Tour, including the locations and times of each event, visit http://www.verizoninsider.com/apahm.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving nearly 93 million customers. Headquartered in Basking Ridge, N.J., with 81,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ)(NASDAQ:VZ) and Vodafone (NASDAQ:VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Source: Verizon Wireless
CONTACT: Heidi Flato of Verizon Wireless - Northern CA/NV Region,
+1-925-279-6545, Heidi.Flato@verizonwireless.com; or Aileen Abaya of Atomic
Public Relations, +1-415-593-1400, ext. 202, aileen@atomicpr.com, for Verizon
Wireless
Web Site: http://www.verizonwireless.com/
Van Ness Wu, JJ Lin, Evonne Hsu, and Mike Relm to greet fans at Verizon Wireless Communications Stores across the US
WALNUT CREEK, Calif., May 14 -- To celebrate the diverse arts and entertainment rooted in Asian cultures, Verizon Wireless is bringing some of the biggest Chinese and Taiwanese musical names to fans during May's Asian Pacific American Heritage Month (APAHM). The APAHM Concert Celebration Tour showcases the talents of Van Ness Wu, JJ Lin, and Evonne Hsu with concerts and in-store appearances in Seattle, New York City, Washington, D.C., San Francisco and Los Angeles.
The APAHM Concert Celebration Tour is Verizon Wireless' latest effort to support and celebrate the contributions of the Asian-American community. With more than eight percent of its employee base born of Asian or Asian American descent, Verizon Wireless is committed to supporting all its Asian employees and customers.
"We are excited to connect our customers with some of the biggest names on the Asian music scene," said Kevin Zavaglia, region president for Verizon Wireless. "APAHM is a big deal for us. Enriching the communities in which we live and work is one of our core values."
The APAHM Concert Celebration Tour includes the following events throughout May:
-- Thursday, May 20: Autograph signing with Van Ness Wu and Evonne Hsu,
in the Seattle University Verizon Wireless Store
-- Friday, May 21: Concert featuring Van Ness Wu, Evonne Hsu, and Mike
Relm in Seattle
-- Sunday, May 23: Concert featuring Van Ness Wu, Evonne Hsu, and Mike
Relm in New York
-- Monday, May 24: Autograph signing with Van Ness Wu and Evonne Hsu in
Flushing, NY, at Verizon Wireless Authorized Retailer HiPoint Wireless
-- Tuesday, May 25: Autograph signing with JJ Lin, Evonne Hsu, and Mike
Relm in the Germantown, MD, Verizon Wireless Store
-- Wednesday, May 26: Concert featuring JJ Lin, Evonne Hsu, and Mike Relm
in Washington, D.C.
-- Thursday, May 27: Concert featuring JJ Lin, Evonne Hsu, and Mike Relm
in San Francisco
-- Friday, May 28: Autograph signing with JJ Lin and Evonne Hsu, in the
San Francisco Market Street Verizon Wireless Store
-- Saturday, May 29: Concert featuring JJ Lin, Evonne Hsu, and Mike Relm
in Los Angeles
-- Sunday, May 30: Autograph signing with JJ Lin and Evonne Hsu, in the
Los Angeles Puente Hills Verizon Wireless Store
Fans are encouraged to bring no-longer-used wireless phones to the in-store autograph signing events for recycling through the company's HopeLine® program and for a chance to win an autographed concert T-shirt from the featured artists. For details, please visit http://www.verizoninsider.com/apahm/hopeline.aspx. HopeLine is Verizon Wireless' phone recycling and re-use program that supports domestic violence prevention agencies, including more than 20 organizations in the Bay Area. For more information about the HopeLine program, visit http://www.verizonwireless.com/hopeline.
For more information on the APAHM Concert Celebration Tour, including the locations and times of each event, visit http://www.verizoninsider.com/apahm.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving nearly 93 million customers. Headquartered in Basking Ridge, N.J., with 81,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ)(NASDAQ:VZ) and Vodafone (NASDAQ:VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Source: Verizon Wireless
CONTACT: Heidi Flato of Verizon Wireless - Northern CA/NV Region,
+1-925-279-6545, Heidi.Flato@verizonwireless.com; or Aileen Abaya of Atomic
Public Relations, +1-415-593-1400, ext. 202, aileen@atomicpr.com, for Verizon
Wireless
Web Site: http://www.verizonwireless.com/
Manhattan Software and the IFMA Foundation Present The Economics of Sustainability in Commercial Real Estate
Poster: SySAdmin
Posted on May 14, 2010 at 11:28:01 AM
Manhattan Software and the IFMA Foundation Present The Economics of Sustainability in Commercial Real Estate
BOSTON, May 14 -- Manhattan Software, the global leader in Computer-Aided Facility Management (CAFM), Integrated Workplace Management Systems (IWMS) and Real Estate Investment Trust (REIT) software, along with the IFMA Foundation, have released a white paper entitled The Economics of Sustainability for Commercial Real Estate. This report, written by Kristian Peterson and Ross Gemmill, presents results from a research project which examined why many existing office buildings have not been sustainably retrofitted despite the fact that the economic benefits of reducing operating costs in this way are now known by the majority of real estate professionals.
This latest research paper from the IFMA Foundation provides critical new insight into sustainability for existing buildings. Because it has been predicted that more than 70 percent of buildings that exist today will still be in use 30 years from now, this research is vital not only for commercial real estate, but for the entire real estate industry.
Available free of charge, the report provides an in-depth analysis of this critical issue including:
-- A description of the retrofitting process for existing buildings
-- The perspective of sustainability from all players involved in
commercial real estate
-- An economic model that supports analysis of capital improvements
-- How to make a business case for investment in energy efficiency
improvements
-- A case study of the renovation of the Empire State Building, the
latest poster child for efficiency improvements in existing buildings.
Peterson and Gemmill, both trained at the MIT Center for Real Estate, interviewed commercial real estate asset managers, property managers, investors, government officials and a developer as the foundation of their research. The resulting findings are important to facility managers who can apply the economic modeling and business case framework to their own real estate portfolio as they are faced with making the economic case for sustainable investments in existing buildings.
"Manhattan has been involved with IFMA as a Corporate Sustaining Partner and supporter for a number of years, and we are excited to sponsor such an important study from the IFMA Foundation for all our global clients, whether corporate, government or REIT professionals," said Craig Gillespie, CEO of Manhattan Software. "We believe it is an important achievement for the IFMA Foundation and for furthering real estate and facility management scholarship."
"This is the first of three major research initiatives coming from the foundation this year, and we believe it will be of major interest to our constituency," said Eric Teicholz, chair of the IFMA Foundation's Knowledge Management Committee and the IFMA Sustainability Committee. "The report is significant because it provides an overview of the real estate industry, shows how financial decisions affecting sustainability are made, and provides quantitative and qualitative analyses for making decisions related to retrofitting commercial buildings."
To obtain your complimentary copy of the Economics of Sustainability for Commercial Real Estate, please visit http://www.ifmafoundation.org (under RESEARCH) or Manhattan's website, http://www.manhattansoftware.com.
About Manhattan Software
Manhattan Software is the #1 global full service corporate real estate, facility management, property management and enterprise asset management software company. Manhattan is focused on creating competitive advantage for its clients. Manhattan Software offers two product suites: Manhattan, an Integrated Workplace Management Solution (IWMS) and CenterStone, the leading Computer Aided Facility Management (CAFM) software product. As an integrated suite of products, Manhattan improves clients' performance by enabling seamless management of all aspects of their real estate operations and portfolio. Manhattan is an advanced, web-based real estate lifecycle solution that readily integrates into an organization's existing infrastructure.
For additional information, visit http://www.manhattansoftware.com.
About the IFMA Foundation
Established in 1990 as a nonprofit 501(c)(3) corporation and separate entity from IFMA, the IFMA Foundation works for the public good to promote priority research and educational opportunities for the advancement of facility management. The IFMA Foundation is supported by the generosity of the facility management community, including IFMA members, chapters, councils, corporate sponsors and private contributors who are united by the belief that research and education improve the facility management profession. To learn more about the good works of the IFMA Foundation, visit http://www.ifmafoundation.org. To join and follow the IFMA Foundation's social media outlets online, visit the foundation's LinkedIn, Facebook, YouTube and Twitter pages.
Source: Manhattan Software
CONTACT: Nancy Johnson Sanquist, Manhattan Software, Inc.,
+1-858-699-0827, nsanquist@manhattansoftware.com
Web Site: http://www.manhattansoftware.com/
BOSTON, May 14 -- Manhattan Software, the global leader in Computer-Aided Facility Management (CAFM), Integrated Workplace Management Systems (IWMS) and Real Estate Investment Trust (REIT) software, along with the IFMA Foundation, have released a white paper entitled The Economics of Sustainability for Commercial Real Estate. This report, written by Kristian Peterson and Ross Gemmill, presents results from a research project which examined why many existing office buildings have not been sustainably retrofitted despite the fact that the economic benefits of reducing operating costs in this way are now known by the majority of real estate professionals.
This latest research paper from the IFMA Foundation provides critical new insight into sustainability for existing buildings. Because it has been predicted that more than 70 percent of buildings that exist today will still be in use 30 years from now, this research is vital not only for commercial real estate, but for the entire real estate industry.
Available free of charge, the report provides an in-depth analysis of this critical issue including:
-- A description of the retrofitting process for existing buildings
-- The perspective of sustainability from all players involved in
commercial real estate
-- An economic model that supports analysis of capital improvements
-- How to make a business case for investment in energy efficiency
improvements
-- A case study of the renovation of the Empire State Building, the
latest poster child for efficiency improvements in existing buildings.
Peterson and Gemmill, both trained at the MIT Center for Real Estate, interviewed commercial real estate asset managers, property managers, investors, government officials and a developer as the foundation of their research. The resulting findings are important to facility managers who can apply the economic modeling and business case framework to their own real estate portfolio as they are faced with making the economic case for sustainable investments in existing buildings.
"Manhattan has been involved with IFMA as a Corporate Sustaining Partner and supporter for a number of years, and we are excited to sponsor such an important study from the IFMA Foundation for all our global clients, whether corporate, government or REIT professionals," said Craig Gillespie, CEO of Manhattan Software. "We believe it is an important achievement for the IFMA Foundation and for furthering real estate and facility management scholarship."
"This is the first of three major research initiatives coming from the foundation this year, and we believe it will be of major interest to our constituency," said Eric Teicholz, chair of the IFMA Foundation's Knowledge Management Committee and the IFMA Sustainability Committee. "The report is significant because it provides an overview of the real estate industry, shows how financial decisions affecting sustainability are made, and provides quantitative and qualitative analyses for making decisions related to retrofitting commercial buildings."
To obtain your complimentary copy of the Economics of Sustainability for Commercial Real Estate, please visit http://www.ifmafoundation.org (under RESEARCH) or Manhattan's website, http://www.manhattansoftware.com.
About Manhattan Software
Manhattan Software is the #1 global full service corporate real estate, facility management, property management and enterprise asset management software company. Manhattan is focused on creating competitive advantage for its clients. Manhattan Software offers two product suites: Manhattan, an Integrated Workplace Management Solution (IWMS) and CenterStone, the leading Computer Aided Facility Management (CAFM) software product. As an integrated suite of products, Manhattan improves clients' performance by enabling seamless management of all aspects of their real estate operations and portfolio. Manhattan is an advanced, web-based real estate lifecycle solution that readily integrates into an organization's existing infrastructure.
For additional information, visit http://www.manhattansoftware.com.
About the IFMA Foundation
Established in 1990 as a nonprofit 501(c)(3) corporation and separate entity from IFMA, the IFMA Foundation works for the public good to promote priority research and educational opportunities for the advancement of facility management. The IFMA Foundation is supported by the generosity of the facility management community, including IFMA members, chapters, councils, corporate sponsors and private contributors who are united by the belief that research and education improve the facility management profession. To learn more about the good works of the IFMA Foundation, visit http://www.ifmafoundation.org. To join and follow the IFMA Foundation's social media outlets online, visit the foundation's LinkedIn, Facebook, YouTube and Twitter pages.
Source: Manhattan Software
CONTACT: Nancy Johnson Sanquist, Manhattan Software, Inc.,
+1-858-699-0827, nsanquist@manhattansoftware.com
Web Site: http://www.manhattansoftware.com/
Marzetti Original Slaw Dressing Launches New Plastic Bottle Design and Kicks Off Summer Online Sweepstakes
Poster: SySAdmin
Posted on May 14, 2010 at 10:21:01 AM
Marzetti Original Slaw Dressing Launches New Plastic Bottle Design and Kicks Off Summer Online Sweepstakes
COLUMBUS, Ohio, May 14 -- As summer salad and barbecue season approaches, consumers will find perennial favorite Marzetti® Original Slaw Dressing packaged in a lighter, plastic bottle with a fresh new label. At the same time, the Marzetti® Slaw Dressing American Fare microsite will offer a chance for Marzetti fans to sample new recipes and win great prizes.
"Marzetti® Original Slaw Dressing has been the number-one brand in the slaw dressing category and a fan favorite in kitchens across America since it was created in 1947," said Brandy Wardlow with Marzetti Specialty Brands. "Based on consumer feedback, we recently replaced the traditional glass bottle with a new plastic bottle, making it perfect for summer traveling and picnics."
On May 14, Marzetti will launch the "Marzetti's Slaw Dressing American Fare" online sweepstakes at http://www.marzettiamericanfare.com, offering Marzetti fans a chance to win VISA® gift cards online through an instant-win game, as well as to discover a variety of new slaw recipes courtesy of Marzetti. The grand prize is a $2,500 VISA® gift card, and the contest runs through July 31, 2010.
"Last year's online sweepstakes was such a huge hit among our customers that we decided to do it again this year," Wardlow said. "Our customers always love hearing about the latest recipes using our dressings, and Marzetti® Original Slaw Dressing is so versatile that there are an almost endless variety of slaw recipes."
About T. Marzetti Company:
The T. Marzetti Company, the specialty food subsidiary of Lancaster Colony Corporation (NASDAQ:LANC), markets a wide variety of foods for both the retail and foodservice markets. Brands include Marzetti®, New York Brand® and Sister Schubert's Homemade Rolls. More information about the company is available at http://www.marzetti.com.
Source: T. Marzetti Company
CONTACT: Media: Cheryl Claypoole, Account Supervisor, +1-614-224-8114,
C: +1-614-361-5023, cclaypoole@paulwerth.com; Brynn Burton, Senior Account
Executive, +1-614-224-8114, F: +1-614-224-8509, bburton@paulwerth.com
Web Site: http://www.marzetti.com/
COLUMBUS, Ohio, May 14 -- As summer salad and barbecue season approaches, consumers will find perennial favorite Marzetti® Original Slaw Dressing packaged in a lighter, plastic bottle with a fresh new label. At the same time, the Marzetti® Slaw Dressing American Fare microsite will offer a chance for Marzetti fans to sample new recipes and win great prizes.
"Marzetti® Original Slaw Dressing has been the number-one brand in the slaw dressing category and a fan favorite in kitchens across America since it was created in 1947," said Brandy Wardlow with Marzetti Specialty Brands. "Based on consumer feedback, we recently replaced the traditional glass bottle with a new plastic bottle, making it perfect for summer traveling and picnics."
On May 14, Marzetti will launch the "Marzetti's Slaw Dressing American Fare" online sweepstakes at http://www.marzettiamericanfare.com, offering Marzetti fans a chance to win VISA® gift cards online through an instant-win game, as well as to discover a variety of new slaw recipes courtesy of Marzetti. The grand prize is a $2,500 VISA® gift card, and the contest runs through July 31, 2010.
"Last year's online sweepstakes was such a huge hit among our customers that we decided to do it again this year," Wardlow said. "Our customers always love hearing about the latest recipes using our dressings, and Marzetti® Original Slaw Dressing is so versatile that there are an almost endless variety of slaw recipes."
About T. Marzetti Company:
The T. Marzetti Company, the specialty food subsidiary of Lancaster Colony Corporation (NASDAQ:LANC), markets a wide variety of foods for both the retail and foodservice markets. Brands include Marzetti®, New York Brand® and Sister Schubert's Homemade Rolls. More information about the company is available at http://www.marzetti.com.
Source: T. Marzetti Company
CONTACT: Media: Cheryl Claypoole, Account Supervisor, +1-614-224-8114,
C: +1-614-361-5023, cclaypoole@paulwerth.com; Brynn Burton, Senior Account
Executive, +1-614-224-8114, F: +1-614-224-8509, bburton@paulwerth.com
Web Site: http://www.marzetti.com/
UBM Studios Produces Engaging Virtual Experience for UBM Built Environment Event
Poster: SySAdmin
Posted on May 14, 2010 at 10:07:01 AM
UBM Studios Produces Engaging Virtual Experience for UBM Built Environment Event
1,702 Live Attendees
CHICAGO, May 14 -- UBM Studios, the leader in world-class user engagement interface, delivered UBM Built Environment's Sustainability Now virtual engagement solution. The event, which took place on May 12-13, 2010, provided an environment for professionals working across architecture, engineering, quantity surveying, project management and construction to discuss and collaborate on cost effective sustainability.
(Photo: http://www.newscom.com/cgi-bin/prnh/20100514/CG05095)
According to Market Research Media, the virtual conferences and tradeshows industry is estimated to grow to $18.6 billion by 2015.
The virtual event offered an easy to use interface, seamless registration and social media. The event also offered an Auditorium that delivered industry presentations as well as a Twitter feed, a Networking Lounge and a Media Center. In addition, all presentations were immediately available on demand.
The virtual event drew 4,241 registrants and 1,702 live attendees.
For additional information on UBM Studios virtual events, contact Kate Spellman, SVP, Managing Director, UBM Studios at 516 562 7383 or kate.spellman@ubm.com.
To follow UBM Studios on Twitter, visit http://twitter.com/UBMStudios and to follow on Facebook, visit UBM Studios.
UBM Built Environment
UBM Built Environment is the market-leading and multi-award winning media business serving the property, architecture, construction and engineering sectors across a broad range of media channels. Through a combination of established brands and innovative development, our prime focus is to meet our customers' marketing and communication needs. Our products and services include magazines, trade shows, networking events, conferences, data businesses, and web sites. We also offer a variety of groundbreaking digital and interactive opportunities.
UBM Studios (http://www.ubmstudios.com)
UBM Studios, a UBM company, delivers next-generation virtual business solutions. UBM Studios specializes in interactive human engagement and behavior with actionable turnkey products that fit every budget from pre-packaged solutions to unlimited custom design. Through robust offerings including tradeshows, events, digital libraries, product launches, annual meetings, career fairs, sales meetings, training & learning centers and focus group centers, UBM Studios' virtual events engage audiences, reduce costs and increase productivity. Leading technology, healthcare, building, finance and insurance organizations have utilized UBM Studios' flexible and reliable virtual event platforms to deliver their events.
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.ubm.com
Photo: http://www.newscom.com/cgi-bin/prnh/20100514/CG05095
PRN Photo Desk, photodesk@prnewswire.com
Source: UBM Studios
CONTACT: Kate Spellman of UBM Studios, +1-516-562-7383,
Kate.spellman@ubm.com, or Richard Myles of UBM Built Environment, +44 (0) 20
7560 4229, richard.myles@ubm.com
Web Site: http://www.ubmstudios.com/
1,702 Live Attendees
CHICAGO, May 14 -- UBM Studios, the leader in world-class user engagement interface, delivered UBM Built Environment's Sustainability Now virtual engagement solution. The event, which took place on May 12-13, 2010, provided an environment for professionals working across architecture, engineering, quantity surveying, project management and construction to discuss and collaborate on cost effective sustainability.
(Photo: http://www.newscom.com/cgi-bin/prnh/20100514/CG05095)
According to Market Research Media, the virtual conferences and tradeshows industry is estimated to grow to $18.6 billion by 2015.
The virtual event offered an easy to use interface, seamless registration and social media. The event also offered an Auditorium that delivered industry presentations as well as a Twitter feed, a Networking Lounge and a Media Center. In addition, all presentations were immediately available on demand.
The virtual event drew 4,241 registrants and 1,702 live attendees.
For additional information on UBM Studios virtual events, contact Kate Spellman, SVP, Managing Director, UBM Studios at 516 562 7383 or kate.spellman@ubm.com.
To follow UBM Studios on Twitter, visit http://twitter.com/UBMStudios and to follow on Facebook, visit UBM Studios.
UBM Built Environment
UBM Built Environment is the market-leading and multi-award winning media business serving the property, architecture, construction and engineering sectors across a broad range of media channels. Through a combination of established brands and innovative development, our prime focus is to meet our customers' marketing and communication needs. Our products and services include magazines, trade shows, networking events, conferences, data businesses, and web sites. We also offer a variety of groundbreaking digital and interactive opportunities.
UBM Studios (http://www.ubmstudios.com)
UBM Studios, a UBM company, delivers next-generation virtual business solutions. UBM Studios specializes in interactive human engagement and behavior with actionable turnkey products that fit every budget from pre-packaged solutions to unlimited custom design. Through robust offerings including tradeshows, events, digital libraries, product launches, annual meetings, career fairs, sales meetings, training & learning centers and focus group centers, UBM Studios' virtual events engage audiences, reduce costs and increase productivity. Leading technology, healthcare, building, finance and insurance organizations have utilized UBM Studios' flexible and reliable virtual event platforms to deliver their events.
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities -- from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists -- with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organised into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.ubm.com
Photo: http://www.newscom.com/cgi-bin/prnh/20100514/CG05095
PRN Photo Desk, photodesk@prnewswire.com
Source: UBM Studios
CONTACT: Kate Spellman of UBM Studios, +1-516-562-7383,
Kate.spellman@ubm.com, or Richard Myles of UBM Built Environment, +44 (0) 20
7560 4229, richard.myles@ubm.com
Web Site: http://www.ubmstudios.com/
Graybar Opens New Logistics Center in Brooklyn Park, Minn.
Poster: SySAdmin
Posted on May 14, 2010 at 10:07:01 AM
Graybar Opens New Logistics Center in Brooklyn Park, Minn.
PLYMOUTH, Minn., May 14 -- Graybar, a leading distributor of electrical and communications products and provider of related supply chain management and logistics services, is enhancing its presence in the Minneapolis area to position itself for growth and to better serve its customers.
Graybar's Minneapolis operation recently opened a full-service logistics center in Brooklyn Park, Minn., to serve as the primary shipping location for its thirteen branches across Minnesota, Iowa, North Dakota and South Dakota, and as a secondary shipping location for its five branches in northeast Wisconsin. The service center, located at 7601 Setzler Parkway North, provides customers with fast access to extensive local inventory, supported by state-of-the-art warehouse management technology and responsive delivery service.
"This enhanced service and logistics platform will greatly improve the vitality and growth of our locations in the areas we serve," said Bill Keller, district vice president for Graybar's Minneapolis operation. "By centralizing and upgrading the size and technological capabilities of our warehouse facilities, we can better align our resources to serve our customers more effectively."
Graybar Electric Company, Inc., a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and networking products, and specializes in related supply chain management and logistics services. Through its network of nearly 240 North American distribution facilities, it stocks and sells products from thousands of manufacturers, serving as the vital link to hundreds of thousands of customers. For more information, visit http://www.graybar.com or call 1-800-GRAYBAR.
Source: Graybar
CONTACT: Emily Caine, +1-314-982-7722, emily.caine@fleishman.com, for
Graybar; or Tim Sommer of Graybar, +1-314-573-2571,
timothy.sommer@graybar.com
Web Site: http://www.graybar.com/
PLYMOUTH, Minn., May 14 -- Graybar, a leading distributor of electrical and communications products and provider of related supply chain management and logistics services, is enhancing its presence in the Minneapolis area to position itself for growth and to better serve its customers.
Graybar's Minneapolis operation recently opened a full-service logistics center in Brooklyn Park, Minn., to serve as the primary shipping location for its thirteen branches across Minnesota, Iowa, North Dakota and South Dakota, and as a secondary shipping location for its five branches in northeast Wisconsin. The service center, located at 7601 Setzler Parkway North, provides customers with fast access to extensive local inventory, supported by state-of-the-art warehouse management technology and responsive delivery service.
"This enhanced service and logistics platform will greatly improve the vitality and growth of our locations in the areas we serve," said Bill Keller, district vice president for Graybar's Minneapolis operation. "By centralizing and upgrading the size and technological capabilities of our warehouse facilities, we can better align our resources to serve our customers more effectively."
Graybar Electric Company, Inc., a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and networking products, and specializes in related supply chain management and logistics services. Through its network of nearly 240 North American distribution facilities, it stocks and sells products from thousands of manufacturers, serving as the vital link to hundreds of thousands of customers. For more information, visit http://www.graybar.com or call 1-800-GRAYBAR.
Source: Graybar
CONTACT: Emily Caine, +1-314-982-7722, emily.caine@fleishman.com, for
Graybar; or Tim Sommer of Graybar, +1-314-573-2571,
timothy.sommer@graybar.com
Web Site: http://www.graybar.com/
Android Phones Get Bluetooth Credit Card Swiping and Receipt Printing for Payment Processing
Poster: SySAdmin
Posted on May 14, 2010 at 10:00:01 AM
Android Phones Get Bluetooth Credit Card Swiping and Receipt Printing for Payment Processing
Advanced Merchant Solutions has released a complete payment solution for Android devices. This solution is geared towards mobile sales professionals who can use the Pocket Verifier Software and Pocket Spectrum hardware to swipe credit cards and print receipts.
FULLERTON, Calif., May 14 -- Pocket Verifier Professional for Android is now available with the Pocket Spectrum Plus; a complete payment solution that swipes credit cards and prints receipts for the rapidly growing Android mobile platform.
Advanced Merchant Solutions, Inc. (AMSI) has launched a payment solution for the Android, available now in the Android Marketplace as a free application which enables on-the-go merchants to accept credit cards anywhere. This application can be used with the company's Pocket Spectrum Plus, a Bluetooth 2-track card reader and thermal receipt printer. Coupled together, the Pocket Verifier/Pocket Spectrum system enables any mobile business user to avoid the high cost of "card-not-present" transactions. AMSI further integrates this breakthrough system into a complete solution by packaging it with a combined merchant and gateway account; with no upfront costs, no term commitments, and no cancellation fees.
"This solution really differentiates itself from the rest of the market by incorporating a printer. The marketplace-to-date has had to settle for keyed-in email receipts which really slow down the throughput. In addition, attaching today's cradle solutions to read cards greatly increases the weight and bulk of the phone. That's what Bluetooth was invented for... to keep things isolated, light, and efficient," says Dennis Ideue, the company's CEO. "Being the developer of the application, the manufacturer of the printer, and the ISO issuing the merchant accounts allows us to give unprecedented value to our customer base," continues Ideue, "...everything is truly under one umbrella. We make it a simple one-stop mobile shop with one of the best competitive merchant rates in the industry."
The Pocket Spectrum Plus is currently shipping. Its retail package features Bluetooth, a rugged thermal print mechanism, 2-track magnetic stripe reader, interchangeable lithium-ion batteries, a quick-charge adaptor, and a leather case with integral belt clip. Pocket Verifier Professional for Android is currently available in the Android Marketplace. For more information and further inquiries, visit: http://www.merchantanywhere.com/.
About Advanced Merchant Solutions:
Advanced Merchant Solutions, Inc., commonly known as MerchantAnywhere, is a privately held corporation and has been both a leader and pioneer in the mobile transaction processing industry since 2001. Their solutions include software, hardware, and transaction processing for both retail and mobile merchants. Advanced Merchant Solutions, Inc. is a Registered Visa/MasterCard Independent Sales Organization (ISO) for Columbus Bank and Trust, Columbus, Georgia, as well as a registered Apple, Microsoft, Palm and RIM software developer.
Media contact:
Dennis Ideue
Advanced Merchant Solutions, Inc.
714-449-0211
dennis@merchantanywhere.com
Source: Advanced Merchant Solutions, Inc.
CONTACT: Dennis Ideue, Advanced Merchant Solutions, Inc.,
+1-714-449-0211, dennis@merchantanywhere.com
Web Site: http://www.merchantanywhere.com/
Advanced Merchant Solutions has released a complete payment solution for Android devices. This solution is geared towards mobile sales professionals who can use the Pocket Verifier Software and Pocket Spectrum hardware to swipe credit cards and print receipts.
FULLERTON, Calif., May 14 -- Pocket Verifier Professional for Android is now available with the Pocket Spectrum Plus; a complete payment solution that swipes credit cards and prints receipts for the rapidly growing Android mobile platform.
Advanced Merchant Solutions, Inc. (AMSI) has launched a payment solution for the Android, available now in the Android Marketplace as a free application which enables on-the-go merchants to accept credit cards anywhere. This application can be used with the company's Pocket Spectrum Plus, a Bluetooth 2-track card reader and thermal receipt printer. Coupled together, the Pocket Verifier/Pocket Spectrum system enables any mobile business user to avoid the high cost of "card-not-present" transactions. AMSI further integrates this breakthrough system into a complete solution by packaging it with a combined merchant and gateway account; with no upfront costs, no term commitments, and no cancellation fees.
"This solution really differentiates itself from the rest of the market by incorporating a printer. The marketplace-to-date has had to settle for keyed-in email receipts which really slow down the throughput. In addition, attaching today's cradle solutions to read cards greatly increases the weight and bulk of the phone. That's what Bluetooth was invented for... to keep things isolated, light, and efficient," says Dennis Ideue, the company's CEO. "Being the developer of the application, the manufacturer of the printer, and the ISO issuing the merchant accounts allows us to give unprecedented value to our customer base," continues Ideue, "...everything is truly under one umbrella. We make it a simple one-stop mobile shop with one of the best competitive merchant rates in the industry."
The Pocket Spectrum Plus is currently shipping. Its retail package features Bluetooth, a rugged thermal print mechanism, 2-track magnetic stripe reader, interchangeable lithium-ion batteries, a quick-charge adaptor, and a leather case with integral belt clip. Pocket Verifier Professional for Android is currently available in the Android Marketplace. For more information and further inquiries, visit: http://www.merchantanywhere.com/.
About Advanced Merchant Solutions:
Advanced Merchant Solutions, Inc., commonly known as MerchantAnywhere, is a privately held corporation and has been both a leader and pioneer in the mobile transaction processing industry since 2001. Their solutions include software, hardware, and transaction processing for both retail and mobile merchants. Advanced Merchant Solutions, Inc. is a Registered Visa/MasterCard Independent Sales Organization (ISO) for Columbus Bank and Trust, Columbus, Georgia, as well as a registered Apple, Microsoft, Palm and RIM software developer.
Media contact:
Dennis Ideue
Advanced Merchant Solutions, Inc.
714-449-0211
dennis@merchantanywhere.com
Source: Advanced Merchant Solutions, Inc.
CONTACT: Dennis Ideue, Advanced Merchant Solutions, Inc.,
+1-714-449-0211, dennis@merchantanywhere.com
Web Site: http://www.merchantanywhere.com/
DreamWorks Animation Hosts First-Ever Live Streaming Event to Bring Green Carpet Coverage of Shrek Forever After Premiere to Fans Online
Poster: SySAdmin
Posted on May 14, 2010 at 8:14:01 AM
DreamWorks Animation Hosts First-Ever Live Streaming Event to Bring Green Carpet Coverage of Shrek Forever After Premiere to Fans Online
Streaming Event Available to Fans via Facebook Sunday, May 16, 2010 Starting at 9:30 a.m. PDT
GLENDALE, Calif., May 14 -- DreamWorks Animation SKG, Inc. (NASDAQ:DWA) today announced that the Company plans to bring live, green carpet coverage from the Los Angeles premiere of Shrek Forever After directly to fans in real time via Facebook beginning at 9:30 a.m. PDT on Sunday, May 16, 2010.
Using a Facebook account, fans can send questions and messages to the show's co-hosts, Internet personality David Lehre and recording artist Kaci Brown, on the green carpet. Fans can chat with Facebook friends, invite others to watch and leave messages on the DreamWorks Animation fan page wall.
The live stream is expected to feature behind-the-scenes access and interviews from the green carpet. The cast of the film, including Mike Myers (Shrek), Eddie Murphy (Donkey), Cameron Diaz (Fiona), Antonio Banderas (Puss In Boots), Jon Hamm (Brogan), Craig Robinson (Cookie), Ryan Seacrest (Father of Butter Pants) and Walt Dohrn (Rumpelstiltskin) as well as members of Shrek Forever After's creative leadership team, including Mike Mitchell (Director), Gina Shay and Teresa Cheng (Producers), Andrew Adamson, Aron Warner and John Williams (Executive Producers) as well as Josh Klausner and Darren Lemke (Writers) are expected to be in attendance at the premiere.
Webcast Information
To watch, interact or embed the live stream, visit http://www.facebook.com/DreamWorksAnimation. The archived webcast will be available at the same website shortly after the live event ends on Sunday, May 16, 2010. Ustream, the leader in live interactive video on the web, will power the live webcast of the event.
About Shrek Forever After
After challenging an evil dragon, rescuing a beautiful princess and saving your in-laws' kingdom, what's an ogre to do? Well, if you're Shrek, you suddenly wind up a domesticated family man. Instead of scaring villagers away like he used to, a reluctant Shrek now agrees to autograph pitch forks. What's happened to this ogre's roar? Longing for the days when he felt like a "real ogre," Shrek is duped into signing a pact with the smooth-talking dealmaker, Rumpelstiltskin. Shrek suddenly finds himself in a twisted, alternate version of Far Far Away, where ogres are hunted, Rumpelstiltskin is king and Shrek and Fiona have never met. Now, it's up to Shrek to undo all he's done in the hopes of saving his friends, restoring his world and reclaiming his one True Love. Shrek Forever After opens in theaters on May 21, 2010.
About DreamWorks Animation SKG
DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television specials and series, live entertainment properties and online virtual worlds, meant for audiences around the world. The Company has world-class creative talent, a strong and experienced management team and advanced filmmaking technology and techniques. DreamWorks Animation has been named one of the "100 Best Companies to Work For" by FORTUNE® Magazine for two consecutive years. In 2010, DreamWorks Animation ranks #6 on the list. All of DreamWorks Animation's feature films are now being produced in 3D. The Company has theatrically released a total of 19 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. DreamWorks Animation's upcoming feature film releases for 2010 are Shrek Forever After and Megamind.
Source: DreamWorks Animation SKG, Inc.
CONTACT: Publicity, Jeff Hare, +1-818-695-6055,
jeff.hare@dreamworks.com, or Corporate Communications, Shannon Olivas,
+1-818-695-3658, shannon.olivas@dreamworks.com, both of DreamWorks Animation
SKG, Inc.
Web Site: http://www.dreamworksanimation.com/
Streaming Event Available to Fans via Facebook Sunday, May 16, 2010 Starting at 9:30 a.m. PDT
GLENDALE, Calif., May 14 -- DreamWorks Animation SKG, Inc. (NASDAQ:DWA) today announced that the Company plans to bring live, green carpet coverage from the Los Angeles premiere of Shrek Forever After directly to fans in real time via Facebook beginning at 9:30 a.m. PDT on Sunday, May 16, 2010.
Using a Facebook account, fans can send questions and messages to the show's co-hosts, Internet personality David Lehre and recording artist Kaci Brown, on the green carpet. Fans can chat with Facebook friends, invite others to watch and leave messages on the DreamWorks Animation fan page wall.
The live stream is expected to feature behind-the-scenes access and interviews from the green carpet. The cast of the film, including Mike Myers (Shrek), Eddie Murphy (Donkey), Cameron Diaz (Fiona), Antonio Banderas (Puss In Boots), Jon Hamm (Brogan), Craig Robinson (Cookie), Ryan Seacrest (Father of Butter Pants) and Walt Dohrn (Rumpelstiltskin) as well as members of Shrek Forever After's creative leadership team, including Mike Mitchell (Director), Gina Shay and Teresa Cheng (Producers), Andrew Adamson, Aron Warner and John Williams (Executive Producers) as well as Josh Klausner and Darren Lemke (Writers) are expected to be in attendance at the premiere.
Webcast Information
To watch, interact or embed the live stream, visit http://www.facebook.com/DreamWorksAnimation. The archived webcast will be available at the same website shortly after the live event ends on Sunday, May 16, 2010. Ustream, the leader in live interactive video on the web, will power the live webcast of the event.
About Shrek Forever After
After challenging an evil dragon, rescuing a beautiful princess and saving your in-laws' kingdom, what's an ogre to do? Well, if you're Shrek, you suddenly wind up a domesticated family man. Instead of scaring villagers away like he used to, a reluctant Shrek now agrees to autograph pitch forks. What's happened to this ogre's roar? Longing for the days when he felt like a "real ogre," Shrek is duped into signing a pact with the smooth-talking dealmaker, Rumpelstiltskin. Shrek suddenly finds himself in a twisted, alternate version of Far Far Away, where ogres are hunted, Rumpelstiltskin is king and Shrek and Fiona have never met. Now, it's up to Shrek to undo all he's done in the hopes of saving his friends, restoring his world and reclaiming his one True Love. Shrek Forever After opens in theaters on May 21, 2010.
About DreamWorks Animation SKG
DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television specials and series, live entertainment properties and online virtual worlds, meant for audiences around the world. The Company has world-class creative talent, a strong and experienced management team and advanced filmmaking technology and techniques. DreamWorks Animation has been named one of the "100 Best Companies to Work For" by FORTUNE® Magazine for two consecutive years. In 2010, DreamWorks Animation ranks #6 on the list. All of DreamWorks Animation's feature films are now being produced in 3D. The Company has theatrically released a total of 19 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. DreamWorks Animation's upcoming feature film releases for 2010 are Shrek Forever After and Megamind.
Source: DreamWorks Animation SKG, Inc.
CONTACT: Publicity, Jeff Hare, +1-818-695-6055,
jeff.hare@dreamworks.com, or Corporate Communications, Shannon Olivas,
+1-818-695-3658, shannon.olivas@dreamworks.com, both of DreamWorks Animation
SKG, Inc.
Web Site: http://www.dreamworksanimation.com/
IBM and University of Central Florida Team to Prepare Graduates for High-Growth Technology Jobs
Poster: SySAdmin
Posted on May 14, 2010 at 8:14:01 AM
IBM and University of Central Florida Team to Prepare Graduates for High-Growth Technology Jobs
IBM helps UCF's Institute for Advanced Systems Engineering students create, develop and manage the smart products and services of the future
ARMONK, N.Y. and ORLANDO, Fla., May 14 -- IBM (NYSE:IBM) and the University of Central Florida's (UCF) Institute for Advanced Systems Engineering (IASE) today announced they are working together to prepare students for jobs in systems engineering, a profession that is critical to the creation of the smart cities, healthcare systems and advanced products and systems of the future.
To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/ibm-and-university-of-central-florida- team-to-prepare-graduates-for-high-growth-technology-jobs-93738644.html
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
To help create the systems engineering workforce that is needed to tackle society's most pressing technology development and integration challenges, IBM is investing more than $2 million in software, in-kind donations and consulting. Through this relationship, UCF students gain hands-on experience using IBM's most popular systems engineering software. In addition to its use in classroom activities, the IBM software gives students and faculty tools to compete for grants and participate in advanced research projects. IBM executives and technical staff provide input into the development of IASE curriculum and coursework, and support the university's efforts to create a learning environment that emulates the real world of systems engineering.
Intelligence is being infused into the systems, processes and infrastructure that enable physical goods to be developed, manufactured, bought and sold. These same systems also facilitate the movement and delivery of global products and services that support worldwide markets such as finance, energy and healthcare.
With these technological advancements, comes a new level of complexity, as organizations struggle to integrate systems, processes and data feeds. As a result, the demand for systems engineering and related skills is expected to grow significantly. In its 2010 Career Guide to Industries Report , The US Department of Labor predicts that computer systems design and related professions will add about 656,400 jobs over the decade, placing it among the top growth professions, which also include biomedical engineering, home healthcare and financial examination.
"Systems Engineering, as a recognized discipline, is relatively young," said Samantha Brown, president of the International Council on Systems Engineering (INCOSE). "This fact provides the opportunity to those of us involved in advancing the profession to help shape the future and create a skilled workforce to meet the world's practical challenges. INCOSE achieves success in this mission through collaboration between individuals and with organizations across the globe. We consider IBM an important partner in that work and applaud their commitment to the Institute for Advanced Systems Engineering at the University of Central Florida."
Proliferation of intelligent products increases demand for systems engineers
Systems engineers design and implement computer systems, software and networks, including defining complex system requirements, and determining system specifications, processes and working parameters. Their overall function is to ensure system hardware and software is compatible and capable of performance and business outcomes.
"At the heart of these products is a new level of innovation and a need for systems engineering expertise that cannot be underestimated," said Waldemar Karwowski, Ph.D., professor and chair of the University of Central Florida Department of Industrial Engineering and Management Systems. "With the help of IBM, we are preparing students in the IASE program to use the latest tools and technologies to turn complex ideas into reality. We consider IBM an important resource in that work and are grateful for its support of the Institute for Advanced Systems Engineering in the College of Engineering and Computer Science at UCF."
IBM's sponsorship and support of the IASE is just one example of the company's many programs to advance science and technology education around the world. More than 4,000 universities worldwide participate in the company's programs that provide free coursework, full versions of hundreds of IBM software products, system access, and other learning tools.
"Software is the centerpiece of the most sophisticated products and services now found in smart cities, transportation systems, medical devices, and more," said Dr. Daniel Sabbah, general manager, IBM Rational Software. "Creating a smarter planet requires a set of advanced skills and expertise that is often missing in today's workforce. Our work with the University of Central Florida's Institute for Advanced Systems Engineering continues IBM's strong tradition of working with educators to provide the tools and support students need to become the next generation of innovators."
The University of Central Florida offers both undergraduate and graduate systems engineering course work through the IASE, using the same IBM software used by leading organizations around the world to specify and develop sophisticated software and systems. The IASE is currently involved in various research projects to advance the development of sophisticated health care systems, energy systems, advanced control systems, and systems engineering methodologies. Additionally they are working on user-centered smarter cities, innovative healthcare solutions, energy management systems, human performance modeling, systems and process optimization, intelligent decision support systems and simulation.
For more information about IBM, visit http://www.ibm.com
About the Institute for Advanced Systems Engineering
The IASE is an interdisciplinary research and education unit of the University of Central Florida's College of Engineering and Computer Science. The IASE brings industry and academia together to create a systems engineering curriculum based upon real-world tools and business scenarios. IASE projects are conducted through partnerships with industry leaders and governments, and include faculty and students from multiple academic departments and colleges across the university. For more information visit: http://www.iase.ucf.edu/
About the University of Central Florida
The University of Central Florida is a metropolitan research university that ranks as the third largest public university in the nation with more than 53,000 students. UCF's first classes were offered in 1968. The university offers extensive academic and research environments that power the region's economic development. UCF's culture of opportunity is driven by its diversity, Orlando environment, history of entrepreneurship and its youth, relevance and energy. For more information, visit http://news.ucf.edu/
For More Information:
IBM
Holly Barnett
IBM Software Group Communications
hbarnett@us.ibm.com
949-202-7218
University of Central Florida:
Ed Ashley
Director, Marketing and Communications
University of Central Florida, College of Engineering and
Computer Science
407-823-0230
eashley@mail.ucf.edu
Video: http://www.prnewswire.com/news-releases/ibm-and-university-of-central-florida-team-to-prepare-graduates-for-high-growth-technology-jobs-93738644.html
Source: IBM
CONTACT: IBM, Holly Barnett, IBM Software Group Communications,
hbarnett@us.ibm.com, +1-949-202-7218; University of Central Florida: Ed
Ashley, Director, Marketing and Communications, University of Central Florida,
College of Engineering and Computer Science, +1-407-823-0230,
eashley@mail.ucf.edu
Web Site: http://www.ibm.com/
IBM helps UCF's Institute for Advanced Systems Engineering students create, develop and manage the smart products and services of the future
ARMONK, N.Y. and ORLANDO, Fla., May 14 -- IBM (NYSE:IBM) and the University of Central Florida's (UCF) Institute for Advanced Systems Engineering (IASE) today announced they are working together to prepare students for jobs in systems engineering, a profession that is critical to the creation of the smart cities, healthcare systems and advanced products and systems of the future.
To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/ibm-and-university-of-central-florida- team-to-prepare-graduates-for-high-growth-technology-jobs-93738644.html
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/IBMLOGO )
To help create the systems engineering workforce that is needed to tackle society's most pressing technology development and integration challenges, IBM is investing more than $2 million in software, in-kind donations and consulting. Through this relationship, UCF students gain hands-on experience using IBM's most popular systems engineering software. In addition to its use in classroom activities, the IBM software gives students and faculty tools to compete for grants and participate in advanced research projects. IBM executives and technical staff provide input into the development of IASE curriculum and coursework, and support the university's efforts to create a learning environment that emulates the real world of systems engineering.
Intelligence is being infused into the systems, processes and infrastructure that enable physical goods to be developed, manufactured, bought and sold. These same systems also facilitate the movement and delivery of global products and services that support worldwide markets such as finance, energy and healthcare.
With these technological advancements, comes a new level of complexity, as organizations struggle to integrate systems, processes and data feeds. As a result, the demand for systems engineering and related skills is expected to grow significantly. In its 2010 Career Guide to Industries Report , The US Department of Labor predicts that computer systems design and related professions will add about 656,400 jobs over the decade, placing it among the top growth professions, which also include biomedical engineering, home healthcare and financial examination.
"Systems Engineering, as a recognized discipline, is relatively young," said Samantha Brown, president of the International Council on Systems Engineering (INCOSE). "This fact provides the opportunity to those of us involved in advancing the profession to help shape the future and create a skilled workforce to meet the world's practical challenges. INCOSE achieves success in this mission through collaboration between individuals and with organizations across the globe. We consider IBM an important partner in that work and applaud their commitment to the Institute for Advanced Systems Engineering at the University of Central Florida."
Proliferation of intelligent products increases demand for systems engineers
Systems engineers design and implement computer systems, software and networks, including defining complex system requirements, and determining system specifications, processes and working parameters. Their overall function is to ensure system hardware and software is compatible and capable of performance and business outcomes.
"At the heart of these products is a new level of innovation and a need for systems engineering expertise that cannot be underestimated," said Waldemar Karwowski, Ph.D., professor and chair of the University of Central Florida Department of Industrial Engineering and Management Systems. "With the help of IBM, we are preparing students in the IASE program to use the latest tools and technologies to turn complex ideas into reality. We consider IBM an important resource in that work and are grateful for its support of the Institute for Advanced Systems Engineering in the College of Engineering and Computer Science at UCF."
IBM's sponsorship and support of the IASE is just one example of the company's many programs to advance science and technology education around the world. More than 4,000 universities worldwide participate in the company's programs that provide free coursework, full versions of hundreds of IBM software products, system access, and other learning tools.
"Software is the centerpiece of the most sophisticated products and services now found in smart cities, transportation systems, medical devices, and more," said Dr. Daniel Sabbah, general manager, IBM Rational Software. "Creating a smarter planet requires a set of advanced skills and expertise that is often missing in today's workforce. Our work with the University of Central Florida's Institute for Advanced Systems Engineering continues IBM's strong tradition of working with educators to provide the tools and support students need to become the next generation of innovators."
The University of Central Florida offers both undergraduate and graduate systems engineering course work through the IASE, using the same IBM software used by leading organizations around the world to specify and develop sophisticated software and systems. The IASE is currently involved in various research projects to advance the development of sophisticated health care systems, energy systems, advanced control systems, and systems engineering methodologies. Additionally they are working on user-centered smarter cities, innovative healthcare solutions, energy management systems, human performance modeling, systems and process optimization, intelligent decision support systems and simulation.
For more information about IBM, visit http://www.ibm.com
About the Institute for Advanced Systems Engineering
The IASE is an interdisciplinary research and education unit of the University of Central Florida's College of Engineering and Computer Science. The IASE brings industry and academia together to create a systems engineering curriculum based upon real-world tools and business scenarios. IASE projects are conducted through partnerships with industry leaders and governments, and include faculty and students from multiple academic departments and colleges across the university. For more information visit: http://www.iase.ucf.edu/
About the University of Central Florida
The University of Central Florida is a metropolitan research university that ranks as the third largest public university in the nation with more than 53,000 students. UCF's first classes were offered in 1968. The university offers extensive academic and research environments that power the region's economic development. UCF's culture of opportunity is driven by its diversity, Orlando environment, history of entrepreneurship and its youth, relevance and energy. For more information, visit http://news.ucf.edu/
For More Information:
IBM
Holly Barnett
IBM Software Group Communications
hbarnett@us.ibm.com
949-202-7218
University of Central Florida:
Ed Ashley
Director, Marketing and Communications
University of Central Florida, College of Engineering and
Computer Science
407-823-0230
eashley@mail.ucf.edu
Video: http://www.prnewswire.com/news-releases/ibm-and-university-of-central-florida-team-to-prepare-graduates-for-high-growth-technology-jobs-93738644.html
Source: IBM
CONTACT: IBM, Holly Barnett, IBM Software Group Communications,
hbarnett@us.ibm.com, +1-949-202-7218; University of Central Florida: Ed
Ashley, Director, Marketing and Communications, University of Central Florida,
College of Engineering and Computer Science, +1-407-823-0230,
eashley@mail.ucf.edu
Web Site: http://www.ibm.com/
Hurray! Announces Sale of Huayi Music
Poster: SySAdmin
Posted on May 14, 2010 at 8:07:01 AM
Hurray! Announces Sale of Huayi Music
BEIJING, May 14 -- Hurray! Holding Co., Ltd. (NASDAQ:HRAY), a leader in online video portal operation, artist development, music production and wireless music distribution and other wireless value-added services in China, today announced that Hurray! has agreed to sell all of its equity interest in Beijing Huayi Brothers Music Co., Ltd ("Huayi Music") to Huayi Brothers Media Corporation. ("Huayi Media") for an aggregate consideration of RMB34,450,000.00.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050314/CNM005LOGO )
Concurrently, Hurray! announced that it has terminated its agreements with Beijing Brothers ShengShi Enterprise Management Co., Ltd. ("Brothers ShengShi") and Beijing QiXinWeiYe Culture Development Co., Ltd. ("QiXinWeiYe"), which were entered into when Hurray! purchased its equity interest in Huayi Music.
Hurray! and Huayi Media intend to continue to cooperate in the future in the areas of music, movie and television program production.
About Hurray! Holding Co., Ltd.
Hurray! operates Ku6.com, one of the leading online video portals in China.
Hurray! is a leader in artist development, music production and offline music distribution in China through its record labels Freeland Music, New Run Entertainment, Secular Bird and Seed Music. The Company, through Fly Songs, also organizes concerts and other music events in China.
Hurray! is also a leading online distributor of music and music-related products such as ringtones, ringbacktones, and truetones to mobile users in China through the full range of wireless value-added services platforms over mobile networks and through the internet.
The Company also provides a wide range of other wireless value-added services to mobile users in China, including games, pictures and animation, community, and other media and entertainment services
Forward-looking Statements
This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward- looking statements by terminology such as "will," "expects," "believes", "future" and similar 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, including risks related to: continued competitive pressures in China's wireless value-added services market; the ability of Hurray! to avoid disruptions to its business caused by changes in the board; the ability of Hurray! to recruit and retain suitable board members; changes in technology and consumer demand in this market; the risk that Hurray! may not be able to control its expenses in future periods; Hurray!'s ability to succeed in the music development, production and distribution business, with which it has only limited experience; changes in the policies of the mobile operators in China or the laws governing wireless value-added services; the state of Hurray!'s relationships with China's mobile operators and the risk that Hurray! may be subject to further sanctions and penalties from them in future periods; and other risks outlined in Hurray!'s filings with the Securities and Exchange Commission, including its registration statement on Form F-1, as amended, and annual reports on Form 20-F. Hurray! does not undertake any obligation to update this forward-looking information, except as required under applicable law.
Photo: http://www.newscom.com/cgi-bin/prnh/20050314/CNM005LOGO
Source: Hurray! Holding Co., Ltd.
CONTACT: Zheng Liu, Investor Relations Officer, +86-10-8455555299, or
IR@hurray.com.cn
Web site: http://www.hurray.com/
BEIJING, May 14 -- Hurray! Holding Co., Ltd. (NASDAQ:HRAY), a leader in online video portal operation, artist development, music production and wireless music distribution and other wireless value-added services in China, today announced that Hurray! has agreed to sell all of its equity interest in Beijing Huayi Brothers Music Co., Ltd ("Huayi Music") to Huayi Brothers Media Corporation. ("Huayi Media") for an aggregate consideration of RMB34,450,000.00.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050314/CNM005LOGO )
Concurrently, Hurray! announced that it has terminated its agreements with Beijing Brothers ShengShi Enterprise Management Co., Ltd. ("Brothers ShengShi") and Beijing QiXinWeiYe Culture Development Co., Ltd. ("QiXinWeiYe"), which were entered into when Hurray! purchased its equity interest in Huayi Music.
Hurray! and Huayi Media intend to continue to cooperate in the future in the areas of music, movie and television program production.
About Hurray! Holding Co., Ltd.
Hurray! operates Ku6.com, one of the leading online video portals in China.
Hurray! is a leader in artist development, music production and offline music distribution in China through its record labels Freeland Music, New Run Entertainment, Secular Bird and Seed Music. The Company, through Fly Songs, also organizes concerts and other music events in China.
Hurray! is also a leading online distributor of music and music-related products such as ringtones, ringbacktones, and truetones to mobile users in China through the full range of wireless value-added services platforms over mobile networks and through the internet.
The Company also provides a wide range of other wireless value-added services to mobile users in China, including games, pictures and animation, community, and other media and entertainment services
Forward-looking Statements
This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward- looking statements by terminology such as "will," "expects," "believes", "future" and similar 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, including risks related to: continued competitive pressures in China's wireless value-added services market; the ability of Hurray! to avoid disruptions to its business caused by changes in the board; the ability of Hurray! to recruit and retain suitable board members; changes in technology and consumer demand in this market; the risk that Hurray! may not be able to control its expenses in future periods; Hurray!'s ability to succeed in the music development, production and distribution business, with which it has only limited experience; changes in the policies of the mobile operators in China or the laws governing wireless value-added services; the state of Hurray!'s relationships with China's mobile operators and the risk that Hurray! may be subject to further sanctions and penalties from them in future periods; and other risks outlined in Hurray!'s filings with the Securities and Exchange Commission, including its registration statement on Form F-1, as amended, and annual reports on Form 20-F. Hurray! does not undertake any obligation to update this forward-looking information, except as required under applicable law.
Photo: http://www.newscom.com/cgi-bin/prnh/20050314/CNM005LOGO
Source: Hurray! Holding Co., Ltd.
CONTACT: Zheng Liu, Investor Relations Officer, +86-10-8455555299, or
IR@hurray.com.cn
Web site: http://www.hurray.com/
Perfect World Announces Recent Business Developments
Poster: SySAdmin
Posted on May 14, 2010 at 7:14:01 AM
Perfect World Announces Recent Business Developments
BEIJING, May 14 -- Perfect World Co., Ltd. (NASDAQ:PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced its recent business developments as of May 14, 2010.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/CNTH023LOGO )
Press Releases Issued During the Period:
March 1, 2010 - Perfect World Announces Fourth Quarter and Fiscal Year 2009 Unaudited Financial Results
March 26, 2010 - Perfect World Announces Agreement to Acquire C&C Media
May 7, 2010 - Perfect World Announces Change of Board of Directors
May 7, 2010 - Perfect World to Announce First Quarter 2010 Financial Results on May 17, 2010
EXPANSION PACKS
"Perfect World II" Expansion Pack - "When Fairies Encounter Devils"
On March 31, 2010, the Company launched the expansion pack "When Fairies Encounter Devils" for its 3D MMORPG "Perfect World II." The expansion pack allows players to swap between the camps of the fairies and the devils. It also features the magical power of the sea-dwelling Tideborn race, and a new episode "Calamity of Fairies and Devils" on a large map.
"Hot Dance Party" Expansion Pack - "Drum Your Heart Out"
On April 13, 2010, the Company launched the expansion pack "Drum Your Heart Out" for its online casual game "Hot Dance Party." A new dance style, the Taiko drum style was introduced in this expansion. Compared with the dance style previously introduced, the Taiko drum style has stronger musical rhythm and is simpler to play, allowing users to concentrate on the exciting content of the game.
"Chi Bi" Expansion Pack - "The Rookie and the General"
On April 19, 2010, the Company launched the expansion pack "The Rookie and the General" for its 3D epic MMORPG "Chi Bi," which is based on the history of Three Kingdoms period in China. In the expansion pack, the "Warrior Spirit System" has been upgraded and the "Garrison System" has been updated to further enhance the game's playability.
OVERSEAS LICENSING AGREEMENTS
Licensing "Battle of the Immortals" and "Hot Dance Party" to the Russian Federation and Other Russian Speaking Territories
In April 2010, Perfect World signed respective agreements with Astrum Nival, LLC ("Astrum Nival"), a famous online game developer and operator in Russia as well as a subsidiary of Mail.Ru, to license its "Battle of the Immortals" and "Hot Dance Party" to the Russian Federation and other Russian speaking territories. "Battle of the Immortals" is Perfect World's first 2.5D mysterious adventure MMORPG and was launched in 2009 in mainland China. "Hot Dance Party" is Perfect World's first online casual game and was launched in 2008 in mainland China.
OVERSEAS LAUNCHES
Launch of "Battle of the Immortals" in North America
In May 2010, Perfect World launched its 2.5D MMORPG "Battle of the Immortals" in North America through its wholly-owned U.S. subsidiary, Perfect World Entertainment Inc. "Battle of the Immortals" runs on Perfect World's proprietary "Cube" engine and blends content from Eastern to Western cultures. The U.S. release has been localized to cater to North American game players.
Launch of "Pocketpet Journey West" in Korea
In May 2010, Perfect World launched its 3D MMORPG "Pocketpet Journey West" in Korea through its Korean partner Synopex Greentech Co., Ltd. "Pocketpet Journey West," Perfect World's first pet-themed 3D MMORPG in a fun cartoon style, was launched in 2008 in mainland China.
About Mail.Ru ( http://mail.ru/ )
Mail.Ru is the foremost Russian Internet portal, serving the entertainment and communication needs of the global Russian-speaking community with a comprehensive array of more than 40 services including the largest Russian free e-mail service, instant messenger Mail.Ru Agent, national social network My Mir@Mail.Ru, and search engine Poisk@Mail.Ru. With over 50 percent market share and more than 40 titles to satisfy a full range of individual preferences, Mail.Ru is also the leading Russian online gaming publisher. The company's portfolio includes hits such as Legend: Legacy of the Dragons, which is developed by its subsidiary Astrum Nival, and Allods Online, as well as successful international licenses such as Perfect World II, Lord of the Rings Online, Silkroad Online, ZX Online, Cross Fire and ZT Online.
About Synopex Greentech Co., Ltd. ( http://www.synopexgreentech.com/ )
Synopex Greentech Co., Ltd. (KDQ: 037320) ("Synopex Greentech")is engaged in the information technology (IT) industry. Synopex Greentech operates its business under six segments: an oil pressure engineering segment, a pulp molding equipment segment, a ship parts segment, a wastewater segment, an IT server deal segment and an online game segment. On December 31, 2009, Synopex Greentech merged with HI-WIN Co., Ltd. ("HI-WIN"), an online game developer and operator in Korea. HI-WIN released the popular online game "Final Step" in May 2002. The online game has since been licensed to a number of countries and regions, including Taiwan, Japan and mainland China. HI-WIN is now developing a sequel "Final Step II" and a casual shooting game "Project M".
About Perfect World Co., Ltd. ( http://www.pwrd.com/ )
Perfect World Co., Ltd. (NASDAQ:PWRD) is a leading online game developer and operator based in China. Perfect World primarily develops online games based on proprietary game engines and game development platforms. The Company's strong technology and creative game design capabilities, combined with extensive knowledge and experiences in the online game market, enable it to frequently introduce popular games that are designed to cater to changing customer preferences and market trends promptly. The Company's current portfolio of self-developed online games includes massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," "Chi Bi," "Pocketpet Journey West," "Battle of the Immortals" and "Fantasy Zhu Xian;" and an online casual game: "Hot Dance Party." While a substantial portion of the revenues are generated in China, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia, Europe and South America. The Company also generates revenues from game operations in North America and Japan. The Company plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time.
Safe Harbor Statements
This press release contains forward-looking statements. These statements constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "future," "plans," "believes" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, our limited operating history, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, changes of the regulatory environment in China, and economic slowdown in China and/or elsewhere. Further information regarding these and other risks is included in Perfect World's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Perfect World does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For further information, please contact
Perfect World Co., Ltd.
Vivien Wang
Investor Relations Officer
Tel: +86-10-5885-1813
Fax: +86-10-5885-6899
Email: ir@pwrd.com
Web: http://www.pwrd.com/
Christensen Investor Relations
Kathy Li
Tel: +1-480-614-3036
Fax: +1-480-614-3033
Email: kli@christensenir.com
Roger Hu
Tel: +86-10-5971-2001
Fax: +86-10-5971-2001
Email: rhu@christensenir.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090416/CNTH023LOGO
Source: Perfect World Co., Ltd.
CONTACT: Perfect World Co., Ltd. - Vivien Wang, Investor Relations
Officer, +86-10-5885-1813, fax: +86-10-5885-6899, or ir@pwrd.com; Christensen
Investor Relations - Kathy Li, +1-480-614-3036, fax: +1-480-614-3033, or
kli@christensenir.com; Roger Hu, +86-10-5971-2001, fax: +86-10-5971-2001, or
rhu@christensenir.com
Web Site: http://www.pwrd.com/
BEIJING, May 14 -- Perfect World Co., Ltd. (NASDAQ:PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced its recent business developments as of May 14, 2010.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/CNTH023LOGO )
Press Releases Issued During the Period:
March 1, 2010 - Perfect World Announces Fourth Quarter and Fiscal Year 2009 Unaudited Financial Results
March 26, 2010 - Perfect World Announces Agreement to Acquire C&C Media
May 7, 2010 - Perfect World Announces Change of Board of Directors
May 7, 2010 - Perfect World to Announce First Quarter 2010 Financial Results on May 17, 2010
EXPANSION PACKS
"Perfect World II" Expansion Pack - "When Fairies Encounter Devils"
On March 31, 2010, the Company launched the expansion pack "When Fairies Encounter Devils" for its 3D MMORPG "Perfect World II." The expansion pack allows players to swap between the camps of the fairies and the devils. It also features the magical power of the sea-dwelling Tideborn race, and a new episode "Calamity of Fairies and Devils" on a large map.
"Hot Dance Party" Expansion Pack - "Drum Your Heart Out"
On April 13, 2010, the Company launched the expansion pack "Drum Your Heart Out" for its online casual game "Hot Dance Party." A new dance style, the Taiko drum style was introduced in this expansion. Compared with the dance style previously introduced, the Taiko drum style has stronger musical rhythm and is simpler to play, allowing users to concentrate on the exciting content of the game.
"Chi Bi" Expansion Pack - "The Rookie and the General"
On April 19, 2010, the Company launched the expansion pack "The Rookie and the General" for its 3D epic MMORPG "Chi Bi," which is based on the history of Three Kingdoms period in China. In the expansion pack, the "Warrior Spirit System" has been upgraded and the "Garrison System" has been updated to further enhance the game's playability.
OVERSEAS LICENSING AGREEMENTS
Licensing "Battle of the Immortals" and "Hot Dance Party" to the Russian Federation and Other Russian Speaking Territories
In April 2010, Perfect World signed respective agreements with Astrum Nival, LLC ("Astrum Nival"), a famous online game developer and operator in Russia as well as a subsidiary of Mail.Ru, to license its "Battle of the Immortals" and "Hot Dance Party" to the Russian Federation and other Russian speaking territories. "Battle of the Immortals" is Perfect World's first 2.5D mysterious adventure MMORPG and was launched in 2009 in mainland China. "Hot Dance Party" is Perfect World's first online casual game and was launched in 2008 in mainland China.
OVERSEAS LAUNCHES
Launch of "Battle of the Immortals" in North America
In May 2010, Perfect World launched its 2.5D MMORPG "Battle of the Immortals" in North America through its wholly-owned U.S. subsidiary, Perfect World Entertainment Inc. "Battle of the Immortals" runs on Perfect World's proprietary "Cube" engine and blends content from Eastern to Western cultures. The U.S. release has been localized to cater to North American game players.
Launch of "Pocketpet Journey West" in Korea
In May 2010, Perfect World launched its 3D MMORPG "Pocketpet Journey West" in Korea through its Korean partner Synopex Greentech Co., Ltd. "Pocketpet Journey West," Perfect World's first pet-themed 3D MMORPG in a fun cartoon style, was launched in 2008 in mainland China.
About Mail.Ru ( http://mail.ru/ )
Mail.Ru is the foremost Russian Internet portal, serving the entertainment and communication needs of the global Russian-speaking community with a comprehensive array of more than 40 services including the largest Russian free e-mail service, instant messenger Mail.Ru Agent, national social network My Mir@Mail.Ru, and search engine Poisk@Mail.Ru. With over 50 percent market share and more than 40 titles to satisfy a full range of individual preferences, Mail.Ru is also the leading Russian online gaming publisher. The company's portfolio includes hits such as Legend: Legacy of the Dragons, which is developed by its subsidiary Astrum Nival, and Allods Online, as well as successful international licenses such as Perfect World II, Lord of the Rings Online, Silkroad Online, ZX Online, Cross Fire and ZT Online.
About Synopex Greentech Co., Ltd. ( http://www.synopexgreentech.com/ )
Synopex Greentech Co., Ltd. (KDQ: 037320) ("Synopex Greentech")is engaged in the information technology (IT) industry. Synopex Greentech operates its business under six segments: an oil pressure engineering segment, a pulp molding equipment segment, a ship parts segment, a wastewater segment, an IT server deal segment and an online game segment. On December 31, 2009, Synopex Greentech merged with HI-WIN Co., Ltd. ("HI-WIN"), an online game developer and operator in Korea. HI-WIN released the popular online game "Final Step" in May 2002. The online game has since been licensed to a number of countries and regions, including Taiwan, Japan and mainland China. HI-WIN is now developing a sequel "Final Step II" and a casual shooting game "Project M".
About Perfect World Co., Ltd. ( http://www.pwrd.com/ )
Perfect World Co., Ltd. (NASDAQ:PWRD) is a leading online game developer and operator based in China. Perfect World primarily develops online games based on proprietary game engines and game development platforms. The Company's strong technology and creative game design capabilities, combined with extensive knowledge and experiences in the online game market, enable it to frequently introduce popular games that are designed to cater to changing customer preferences and market trends promptly. The Company's current portfolio of self-developed online games includes massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," "Chi Bi," "Pocketpet Journey West," "Battle of the Immortals" and "Fantasy Zhu Xian;" and an online casual game: "Hot Dance Party." While a substantial portion of the revenues are generated in China, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia, Europe and South America. The Company also generates revenues from game operations in North America and Japan. The Company plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time.
Safe Harbor Statements
This press release contains forward-looking statements. These statements constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "future," "plans," "believes" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, our limited operating history, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, changes of the regulatory environment in China, and economic slowdown in China and/or elsewhere. Further information regarding these and other risks is included in Perfect World's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Perfect World does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For further information, please contact
Perfect World Co., Ltd.
Vivien Wang
Investor Relations Officer
Tel: +86-10-5885-1813
Fax: +86-10-5885-6899
Email: ir@pwrd.com
Web: http://www.pwrd.com/
Christensen Investor Relations
Kathy Li
Tel: +1-480-614-3036
Fax: +1-480-614-3033
Email: kli@christensenir.com
Roger Hu
Tel: +86-10-5971-2001
Fax: +86-10-5971-2001
Email: rhu@christensenir.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090416/CNTH023LOGO
Source: Perfect World Co., Ltd.
CONTACT: Perfect World Co., Ltd. - Vivien Wang, Investor Relations
Officer, +86-10-5885-1813, fax: +86-10-5885-6899, or ir@pwrd.com; Christensen
Investor Relations - Kathy Li, +1-480-614-3036, fax: +1-480-614-3033, or
kli@christensenir.com; Roger Hu, +86-10-5971-2001, fax: +86-10-5971-2001, or
rhu@christensenir.com
Web Site: http://www.pwrd.com/
Atmel Introduces World's Smallest Flash Microcontroller Package
Poster: SySAdmin
Posted on May 14, 2010 at 7:07:01 AM
Atmel Introduces World's Smallest Flash Microcontroller Package
Low-power, ultra-small packaging offers more design options for applications in the consumer, lighting and industrial control markets
SAN JOSE, Calif., May 14 -- Atmel® Corporation (NASDAQ:ATML), a leader in microcontroller and touch solutions, today announced production availability for the world's smallest flash AVR® microcontroller package. The Atmel ATtiny4, ATtiny5, ATtiny9 and ATtiny10 AVR microcontroller (MCU) come in an ultra-small 8-pad UDFN package, with a dimension of only 2mm x 2mm x 0.6mm, and weighing less than 8 mg to reduce the package size as much as 55 percent compared to the market's smallest package offering available today. These products target applications in the consumer electronics, lighting, and industrial control markets. The new devices are well suited for lightweight and small form factor consumer applications, such as cell phones, toys, tooth brushes and other personal care and portable electronic products.
The smaller, lighter, faster and low-power microcontrollers from the Atmel ATtiny4/5/9/10 family also make it possible to integrate a powerful AVR MCU in some of the smallest designs. These designs may include the inside of electrical leads and miniature connectors, printer heads, and other applications such as inside clothing fabrics, plastic cover sheets or shells.
"This new package offering will strengthen Atmel's leadership in the microcontroller market," said Ingar Fredriksen, AVR Product Marketing Director. "In addition to being 55 percent smaller than any other 6-/8-pin Flash microcontroller in the market, the ATtiny4, ATtiny5, ATtiny9 and ATtiny10 devices deliver six times higher processing speed than the closest competitor."
This family is based on Atmel's patented low-power picoPower® technology which enables any AVR microcontroller to operate at the industry's lowest power consumption at 650 nA, with a RTC running, and less than 100 nA in power down. These products also contain a rich feature set to execute code up to 12 MIPS at 12 MHz.
Availability, Pricing and Photo
The Atmel ATtiny4, ATtiny5, ATtiny9 and ATtiny10 are available now. Volume pricing start at $0.52 USD for 10k quantities. To download a high-resolution photo of these devices in the SOT23 and 8-UDFN packages, please click the following link: http://www.atmel.com/pressroom/photos/ATtiny.jpg.
Information
For more information on the Atmel tinyAVR® devices, please click the following link: http://www.atmel.com/tinyAVR
About Atmel
Atmel Corporation (NASDAQ:ATML) is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on consumer, industrial, security, communications, computing and automotive markets.
© 2010 Atmel Corporation. All Rights Reserved. Atmel®, Atmel logo and combinations thereof, AVR®, picoPower, tinyAVR® and others, are registered trademarks or trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others.
Press Contact
Agnes Toan, PR Manager
Tel: +1-408-487-2963, Email: agnes.toan@atmel.com
Source: Atmel Corporation
CONTACT: Agnes Toan, PR Manager of Atmel Corporation, +1-408-487-2963,
agnes.toan@atmel.com
Web Site: http://www.atmel.com/
Low-power, ultra-small packaging offers more design options for applications in the consumer, lighting and industrial control markets
SAN JOSE, Calif., May 14 -- Atmel® Corporation (NASDAQ:ATML), a leader in microcontroller and touch solutions, today announced production availability for the world's smallest flash AVR® microcontroller package. The Atmel ATtiny4, ATtiny5, ATtiny9 and ATtiny10 AVR microcontroller (MCU) come in an ultra-small 8-pad UDFN package, with a dimension of only 2mm x 2mm x 0.6mm, and weighing less than 8 mg to reduce the package size as much as 55 percent compared to the market's smallest package offering available today. These products target applications in the consumer electronics, lighting, and industrial control markets. The new devices are well suited for lightweight and small form factor consumer applications, such as cell phones, toys, tooth brushes and other personal care and portable electronic products.
The smaller, lighter, faster and low-power microcontrollers from the Atmel ATtiny4/5/9/10 family also make it possible to integrate a powerful AVR MCU in some of the smallest designs. These designs may include the inside of electrical leads and miniature connectors, printer heads, and other applications such as inside clothing fabrics, plastic cover sheets or shells.
"This new package offering will strengthen Atmel's leadership in the microcontroller market," said Ingar Fredriksen, AVR Product Marketing Director. "In addition to being 55 percent smaller than any other 6-/8-pin Flash microcontroller in the market, the ATtiny4, ATtiny5, ATtiny9 and ATtiny10 devices deliver six times higher processing speed than the closest competitor."
This family is based on Atmel's patented low-power picoPower® technology which enables any AVR microcontroller to operate at the industry's lowest power consumption at 650 nA, with a RTC running, and less than 100 nA in power down. These products also contain a rich feature set to execute code up to 12 MIPS at 12 MHz.
Availability, Pricing and Photo
The Atmel ATtiny4, ATtiny5, ATtiny9 and ATtiny10 are available now. Volume pricing start at $0.52 USD for 10k quantities. To download a high-resolution photo of these devices in the SOT23 and 8-UDFN packages, please click the following link: http://www.atmel.com/pressroom/photos/ATtiny.jpg.
Information
For more information on the Atmel tinyAVR® devices, please click the following link: http://www.atmel.com/tinyAVR
About Atmel
Atmel Corporation (NASDAQ:ATML) is a worldwide leader in the design and manufacture of microcontrollers, capacitive touch solutions, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry's broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on consumer, industrial, security, communications, computing and automotive markets.
© 2010 Atmel Corporation. All Rights Reserved. Atmel®, Atmel logo and combinations thereof, AVR®, picoPower, tinyAVR® and others, are registered trademarks or trademarks of Atmel Corporation or its subsidiaries. Other terms and product names may be trademarks of others.
Press Contact
Agnes Toan, PR Manager
Tel: +1-408-487-2963, Email: agnes.toan@atmel.com
Source: Atmel Corporation
CONTACT: Agnes Toan, PR Manager of Atmel Corporation, +1-408-487-2963,
agnes.toan@atmel.com
Web Site: http://www.atmel.com/
Diguang Schedules Conference Call to Discuss First Quarter Fiscal Year 2010 Results
Poster: SySAdmin
Posted on May 14, 2010 at 7:07:01 AM
Diguang Schedules Conference Call to Discuss First Quarter Fiscal Year 2010 Results
SHENZHEN, China, May 14 -- Diguang International Development Co., Ltd. (BULLETIN BOARD: DGNG) ("Diguang" or "the Company") today announced that it will host a conference call at 9:00 a.m. Eastern Time on Tuesday May 18, 2010 to discuss its results for the first quarter of fiscal 2010.
To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: (877) 833-3695. International callers should dial (706) 679-8022. When prompted, enter conference ID number 742 398 48.
A replay will be available for 14 days starting at 10:00 a.m. Eastern Time on Tuesday May 18, 2010, and can be accessed by dialing (800) 642-1687. International callers should dial (706) 645-9291. When prompted, please enter conference ID number 742 398 48.
This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on http://www.diguangintl.com/ . Please access the link at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a one-year replay will be available shortly after the call by accessing the same link.
About Diguang International Development Co., Ltd.
Through its subsidiaries, Diguang International develops and produces CCFL and LED backlights for a wide range of TFT-LCD products. A backlight is the typical light source of a liquid crystal display (LCD), with applications spanning televisions, computer monitors, cellular phones, digital cameras, DVDs and other home appliances. Leveraging its LED expertise, the Company also creates and markets energy-saving technologies and solutions for rapidly growing markets such as LED backlight monitors and LED general lighting. For more information, contact CCG Investor Relations directly or go to Diguang's website at http://www.diguangintl.com/ .
For more information, please contact:
Company Contact:
Viola Tse
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Email: viola@diguang.com
Investor Relations Contact:
Elaine Ketchmere, Partner
CCG Investor Relations
Email: Elaine.ketchmere@ccgir.com
Tel: +1-310-954-1345
Web: http://www.ccgirasia.com/
Source: Diguang International Development Co., Ltd.
CONTACT: Company Contact: Viola Tse of Diguang International Development
Co., Ltd., viola@diguang.com, or +1-626-593-5486; Investor Relations Contact:
Elaine Ketchmere, Partner of CCG Investor Relations,
Elaine.ketchmere@ccgir.com, or +1-310-954-1345
Web site: http://www.diguangintl.com/
SHENZHEN, China, May 14 -- Diguang International Development Co., Ltd. (BULLETIN BOARD: DGNG) ("Diguang" or "the Company") today announced that it will host a conference call at 9:00 a.m. Eastern Time on Tuesday May 18, 2010 to discuss its results for the first quarter of fiscal 2010.
To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: (877) 833-3695. International callers should dial (706) 679-8022. When prompted, enter conference ID number 742 398 48.
A replay will be available for 14 days starting at 10:00 a.m. Eastern Time on Tuesday May 18, 2010, and can be accessed by dialing (800) 642-1687. International callers should dial (706) 645-9291. When prompted, please enter conference ID number 742 398 48.
This conference call will be broadcast live over the Internet and can be accessed by all interested parties by clicking on http://www.diguangintl.com/ . Please access the link at least fifteen minutes prior to the start of the call to register, download, and install any necessary audio software. For those unable to participate during the live broadcast, a one-year replay will be available shortly after the call by accessing the same link.
About Diguang International Development Co., Ltd.
Through its subsidiaries, Diguang International develops and produces CCFL and LED backlights for a wide range of TFT-LCD products. A backlight is the typical light source of a liquid crystal display (LCD), with applications spanning televisions, computer monitors, cellular phones, digital cameras, DVDs and other home appliances. Leveraging its LED expertise, the Company also creates and markets energy-saving technologies and solutions for rapidly growing markets such as LED backlight monitors and LED general lighting. For more information, contact CCG Investor Relations directly or go to Diguang's website at http://www.diguangintl.com/ .
For more information, please contact:
Company Contact:
Viola Tse
Diguang International Development Co., Ltd.
Tel: +1-626-593-5486
Email: viola@diguang.com
Investor Relations Contact:
Elaine Ketchmere, Partner
CCG Investor Relations
Email: Elaine.ketchmere@ccgir.com
Tel: +1-310-954-1345
Web: http://www.ccgirasia.com/
Source: Diguang International Development Co., Ltd.
CONTACT: Company Contact: Viola Tse of Diguang International Development
Co., Ltd., viola@diguang.com, or +1-626-593-5486; Investor Relations Contact:
Elaine Ketchmere, Partner of CCG Investor Relations,
Elaine.ketchmere@ccgir.com, or +1-310-954-1345
Web site: http://www.diguangintl.com/