Apax Partners Announces First Investment in Brazil
SÃO PAULO, May 10, 2010-- Funds advised by Apax Partners today announced they have entered into a
definitive agreement to acquire a controlling interest in TIVIT, the leader
in integrated IT and BPO services in Latin America. Under the terms of the
agreement, Apax will acquire 54.25% of TIVIT's issued and outstanding capital
stock from TIVIT's controlling shareholders, including Votorantim Novos
Negócios and Pátria Investimentos, at a price of R$18.10 per share in cash,
valuing the company at approximately $1 billion (R$1.7 billion,
EUR760 million).
TIVIT provides world-class integrated services organized in three main
lines of business: IT infrastructure, Application Systems and Business
Process Outsourcing. Today, the company has 16 locations in Brazil's main
regions and a vast infrastructure that provides scalability, reliability and
information security. TIVIT manages strategic operations that are critical to
the businesses of its clients, which include 300 of Brazil's 500 largest
companies. The company provides services to major banks, insurers, credit
card companies, manufacturers, public utilities and retailers.
Following the closing of the acquisition of TIVIT shares from the
controlling shareholders, Apax Funds will commence a mandatory public tender
offer to acquire all remaining shares of TIVIT for the same per share price
in cash paid to the controlling shareholders (adjusted for indexation). The
per share purchase price represents a premium of 21.39% over the average per
share closing price since the IPO, adjusted for dividends and interest on
equity paid in the period. Apax Funds are committing 100% of the funding for
the acquisition. The closing of the acquisition is subject to customary
conditions contained in the definitive purchase agreement.
Luiz Mattar, CEO of TIVIT, will retain a substantial portion of his
ownership stake in the company and has committed to lead the execution of its
current growth strategy. "The Apax transaction represents significant value
creation to our shareholders, while also giving us enhanced flexibility to
execute on our long-term strategy," said Mattar. "Apax Partners is a patient
investor with a proven track record of investing in successful, growing
companies. We are excited about this new partnership and TIVIT's future
prospects."
Martin Halusa, Chief Executive of Apax Partners, said: "Our first
investment in Brazil advances our global strategy of investing in large
companies that have strong, established market positions and the potential to
expand. We are excited by Brazil and have been actively sourcing
opportunities in the country for some years. TIVIT is a great example of our
Tech/Telecom sector team focusing on a global trend to identify an industry
leader operating in this exciting market."
"Apax is attracted to TIVIT's market leadership in both IT Outsourcing
and Business Process Outsourcing," said Jason Wright, Partner at Apax. "Luiz
Mattar and his team have built a solid foundation for continued growth and
expansion and enjoy the tailwinds of a strong Brazilian economy. Providing
the highest quality customer service to Brazil's largest companies will
remain TIVIT's top priority."
In the last 12 months, Apax Funds have agreed to five new investments:
Sophos, a UK-based software company; Psagot, an Israeli Fund manager; Marken,
a UK-based clinical trials logistics business; Bankrate, a US-based Internet
consumer banking marketplace; and now, TIVIT. In each case Apax Funds have
been the sole private equity investor. During the same period, Apax Funds
have successfully sold, in whole or in part, their investments in Tommy
Hilfiger, Bezeq, Promethean World, Spectrum Holding Company and rue21. The
funds that Apax Partners advises are long-term investors, with an average
holding period of more than five years.
Credit Suisse acted as lead M&A adviser to Apax Partners. JP Morgan also
advised Apax Partners in the transaction. Skadden, Arps, Slate, Meaghan &
Flom and Barbosa, Müssnich & Aragão acted as legal advisers to Apax Partners.
PwC acted as financial diligence adviser to Apax Partners.
NOTES TO EDITORS
About Apax Partners
Apax Partners is one of the world's leading private equity investment
groups. It operates across the United States, Europe and Asia and has more
than 35 years of investing experience. Funds under the advice and management
of Apax Partners globally total over $35 billion. These Funds provide
long-term equity financing to build and strengthen world-class companies.
Apax Partners Funds invest in companies across its global sectors of Tech &
Telecom, Retail & Consumer, Media, Healthcare and Financial & Business
Services. For more information visit: http://www.Apax.com.
Technology & Telecoms is one of the five sectors on which Apax Partners
focuses. Notable current and historic investments in the sector include
Promethean World, a leader in the rapidly growing global market for
interactive learning technology; SMART Technologies, a Canadian provider of
interactive collaboration products; TDC A/S, the pan-European telecoms
business headquartered in Denmark; Weather Investments, an international
telecommunications business; and Inmarsat and Intelsat, which are both global
satellite operators.
About TIVIT S.A.
TIVIT S.A. (Bovespa: TVIT3), the leader in integrated IT and
BPO services in Latin America, has a portfolio organized into three business
areas: IT infrastructure, Application Systems and BPO. Today it has 16 units
located in Brazil's main regions and a vast infrastructure that provides
scalability, reliability and information security. TIVIT manages strategic
operations that are critical to the businesses of its clients, which include
300 of the country's 500 largest companies. The company provides services to
major banks, insurers, credit card companies, manufacturers, public utilities
and retailers.
Source: Apax Partners
For further information, please contact: Ben Harding, Tel: +44(0)20-7872-6401, Email: ben.harding@apax.com
RealMed Corporation and One Point LLC Announce Strategic Partnership
INDIANAPOLIS, May 10 -- RealMed Corporation and One Point LLC are pleased to announce their recent partnership to provide RealMed's robust Revenue Cycle Management Services to current and new One Point clients. RealMed will provide HIPAA compliant tools including real-time eligibility verification, online claims scrubbing, ERA (Electronic Remittance Advice) delivery and state of the art patient payment assurance and advanced claims editing functionality. One Point provides certified trainers and specialists in support of its Electronic Medical Records software application, eClinicalWorks®. The shared goal of RealMed and One Point is to provide world class customer service and a seamlessly integrated solution that will increase productivity and profitability for medical offices.
The healthcare industry continues to mandate an increasing adoption of improved HIT (Healthcare Information Technology) across all specialties. With this partnership, RealMed and One Point are helping to ensure that providers keep pace with the changes in the healthcare IT landscape in order to reduce overall costs and improve patient outcomes.
About RealMed
RealMed uses the power of the Internet to automate healthcare transactions and information exchange between providers, payers and patients. This capability, together with more powerful reporting and workflow enhancing features, can significantly enhance administrative efficiency and dramatically improve cash flow for providers. RealMed serves professional providers ranging from one-doctor practices, to the nation's largest academic medical centers and specialty providers for all aspects of their revenue cycle management needs. For more information, visit http://www.realmed.com.
About One Point
One Point is a subsidiary of Gaither Technologies STC LLC. As an authorized reseller of the leading EMR software, eClinicalWorks, One Point provides the best Practice Management and Electronic Medical Records software available. By combining deep technical knowledge of telecommunications, computer networking, system integration, and medical expertise, combined with its team of trainers and support specialists, One Point makes PM and EMR work profitably for every medical office. For more information, visit http://www.onepointllc.com.
eClinicalWorks is a registered trademark of eClinicalWorks, LLC
CONTACT: Media: John Kelly, RealMed Corporation, +1-317-730-3203,
john.kelly@realmed.com; Sales: Steve Rudolph, One Point LLC, +1-812-479-7821,
steve@gtstc.com
Advocate Networks Launches New Strategy and Infrastructure Practice
ATLANTA, May 10 -- Advocate Networks, LLC, an Atlanta-based management consulting and telecom expense management (TEM) provider, today announced the formation of a new consulting services practice with offerings for enterprises and service providers. The company's new Strategy and Infrastructure practice assists enterprise and service provider clients in assessing and planning the strategy and infrastructure for their data centers, contact centers and global communications. The consulting practice also helps organizations align technology with their business strategies and determine the resulting business impact.
Advocate Networks launched this practice as a part of its aggressive growth plan for 2010. With record revenue achievement in the first quarter of 2010, Advocate Networks continues to invest in its people and service offerings. While Advocate Networks consultants have provided a range of these consulting services for more than five years and have more than 100 satisfied clients, the new organization and approach will better match market demand.
"We continue to see increased demand for consulting services from enterprise and service provider clients investing in communications, contact center, and data center infrastructure," said Scott Fogle, co-president and co-founder of Advocate Networks. "As these trends develop, we continue to grow the breadth and depth of our management consulting capabilities in this market. To lead the expansion of this practice, we are pleased to appoint Marco Kuysten as managing consultant in charge of the new Strategy and Infrastructure practice at Advocate Networks."
Marco Kuysten has 13 years of experience in the international information and communications industry. Prior to his six years of consulting, Marco managed communication networks for customers such as KPMG. He has executed more than 100 projects for diverse clients throughout healthcare, banking, regulatory/government, manufacturing, professional services, nonprofit and carrier markets, and has a proven track record of outstanding performance and client relationships within the company. For more information about the Strategy and Infrastructure practice, please contact Marco Kuysten at (678) 987-5965 or marco.kuysten@advocatenetworks.com.
About Advocate Networks
Advocate Networks is a management consulting company focused on communications and data center services and infrastructure, and offers a full suite of telecom expense management services. The company provides strategic, management, technical, operational and financial expertise in voice, data, video, wireless communications and data center services. Founded in 2001, privately held Advocate Networks is based in Atlanta, Georgia. Additional information can be found at http://www.advocatenetworks.com.
Experts at Nasuni Offer 5 Tips for Adopting Cloud Gateways
NATICK, Mass., May 10 -- As cloud storage becomes more mainstream, moving from predominately offsite backup and archiving to enterprise-class primary storage, the number of vendors jumping into the marketplace is quickly growing. Finding the best way to get files to the cloud is an important step in leveraging the benefits of cloud technology for a company's particular business. With more and more cloud gateways being announced, here are the top five issues companies should consider before making a purchasing decision, according to experts at Nasuni(TM), creator of the industry's first gateway to the cloud for primary storage.
1. Security: Unlike what most cloud storage providers offer, a gateway to cloud storage has the ability to encrypt and protect data before sending it to the cloud. Every precaution should be made to ensure that the network provider, cloud storage provider or gateway vendor do not have the ability to access your business-critical files. Consider only vendors who have built security into their systems and have chosen the strongest encryption methods available. Some gateways might use shared cloud credentials between users, which presents a potential security issue: a company using the same credentials might accidentally or intentionally delete the other's data. It is imperative to choose a vendor who uses unique credentials for each customer.
2. Choice of cloud vendors: A gateway to cloud storage should allow customers to pick the cloud vendor of their choice, and in some cases enable more than one provider for replication. Picking the cloud storage provider that works best for a particular company depends on the level of trust each company has for that provider, the provider's architecture and pricing. Also consider whether the gateway transfer, the provider price or transparently or marks it up.
3. Billing and provisioning: Using a gateway to cloud storage should not mean dealing with two or more separate bills from separate vendors. Pick a vendor that does the work themselves and consolidates all the bills. This way, even if a company has separate files stored with different cloud storage providers it does not need to deal with more than one billing entity. Provisioning storage from cloud should be simple, seamless and immediate.
4. Software only: With virtualization technology maturing, companies should expect to be able to add a cloud storage gateway to their current virtual environment without having to buy new hardware. Companies that are not yet virtualized may want to consider implementing free VMware products to avoid having to purchase and maintain another new piece of hardware.
5. File restores and disaster recovery: One of the fundamental benefits of cloud storage is that files will be stored offsite and protected with multiple copies. On top of that, companies need the convenience and peace of mind of fast day-to-day file restores from snapshots and rapid recovery from full system failures. Pick a vendor that offers seamless, quick and easy file restores and full, speedy recovery. And if the cloud provider goes down do you have another offsite backup somewhere else for quick recovery?
"Companies looking to move their files to the cloud face a rapidly expanding number of choices regarding not only where to store their data but how best to get it there," said Nasuni CEO and co-founder Andres Rodriguez. "As more and more vendors jump onto the cloud storage bandwagon and begin offering their own gateways to the cloud, it is imperative that businesses truly have an understanding of what matters most when choosing a solution that's right for them. Implementing a gateway, like the Nasuni Filer, that provides the utmost security, offers its users a multitude of cloud storage vendors, simplifies billing and provisioning, eliminates the need for additional hardware and optimizes disaster recovery is a critical decision that will pay dividends if done properly."
The Nasuni Filer leverages the resources of the cloud to simplify file access, storage and protection, while eliminating the expense of storage hardware and infrastructure expansion. Because it provisions storage capacity automatically and includes high-performance caching for quick retrieval, it can be used as primary storage instead of or in combination with traditional file servers. It features synchronous snapshots, deduplication, and encryption plus key management for security. Those not ready for a complete transition to all-in-one cloud storage can use the Nasuni Filer for storing second copies offsite for disaster protection. Nasuni's cloud storage partners include Amazon Web Services, Iron Mountain, Nirvanix and Rackspace.
Nasuni was founded in 2009 by storage veterans to deliver a gateway to cloud storage that makes the cloud feasible for business users. The Nasuni Filer is a virtual NAS file server that runs on VMware and leverages the resources of the cloud to simplify file storage and protection. Targeting the mid-market, Nasuni's solution eliminates the need for incremental storage hardware, and the resulting capital expense to manage unstructured file growth. The company is backed by North Bridge Venture Partners and Sigma Partners. To download the Nasuni Filer, or for more information, visit http://www.nasuni.com.
CONTACT AGENCY:
Dan Miller
JPR Communications
818-884-8282
dan@jprcom.com
AppDynamics Delivers Industry's First Free Java Performance Troubleshooting Tool for Production Environments
Free AppDynamics Tool Delivers 80 Percent of the Value of Expensive 'Big 4' Tools
SAN FRANCISCO, May 10 -- AppDynamics, Inc.(TM), the next-generation Application Performance Management (APM) company, today released a free edition of its solution called AppDynamics Lite - a powerful troubleshooting tool designed to help IT operations and development teams support applications in high-volume production environments. Starting today, the tool is available for download at no cost via http://www.appdynamics.com/free.
Despite the critical nature of production environments, the unfortunate reality is that severe performance problems all-too-often affect end-user satisfaction and impact revenue. When these situations arise, IT Operations and Development teams go into "firefighting" mode to identify the root cause and fix the problem.
Instead of spending months and tens of thousands of dollars to evaluate, license, and deploy legacy APM tools such as CA Wily, IBM ITCAM, or HP Mercury, these IT teams can now download the free AppDynamics product and get value within minutes. AppDynamics Lite includes 80 percent of the functionality of traditional, costly APM products, and it can be deployed and identifying root cause quickly.
AppDynamics Lite equips IT Operations and Development teams alike with the feature set of high-end legacy application monitoring products, enabling them to rapidly troubleshoot and diagnose performance problems within minutes. The tool takes only two minutes to install and immediately identifies typical application issues such as slow SQL, stalls, errors, and slow response time.
"Organizations today want application performance management that is simple to implement and run - gone are the days when companies are able to cope with overly complex APM solutions," said Russell Luke, managing director and co-founder of Application Performance. "We have been using AppDynamics Lite and are impressed. It deployed quickly and is very useful as a firefighting tool for production environments as well as for load tests. We see companies gaining real benefit from its strong performance troubleshooting capabilities."
Unlike traditional application monitoring or profiling tools, AppDynamics Lite delivers deep, code-level diagnostics while producing less than 2 percent overhead in most production environments. While profiling tools remain an excellent option for developers who need to understand CPU and memory usage in environments where excessive overhead is acceptable, AppDynamics Lite offers an unparalleled ability to resolve problems in production environments where the troubleshooting tool must not degrade performance.
"AppDynamics has released a free version of its application performance management solution because we're passionate about helping IT Operations and Developers fight fires," said Jyoti Bansal, AppDynamics CEO and Founder. "At the same time, we believe that the free product commoditizes the legacy 'APM 1.0' feature set that was conceived in the late 1990s. With modern SOA/distributed application architectures, agile development, and the migration to hybrid cloud/physical environments, the market now requires an 'APM 2.0' feature set that legacy vendors have not made available: the ability to diagnose difficult problems inherent to highly distributed/SOA applications, the ability to predict and resolve performance problems with advanced performance intelligence, and the ability to provision capacity in the cloud."
AppDynamics Lite enables users to:
Get visibility in two minutes. After a simple download and install, IT professionals can monitor application health and troubleshoot performance problems.
Diagnose root cause within 15 minutes. IT professionals can:
-- Find which business transactions are showing slow response
-- Drill down into bad requests: hotspots in code, stack traces for
errors, and stalled requests
-- Diagnose at the code level: Gain performance visibility into each
class and method, as well as identify slow SQL and external calls
AppDynamics is a next-generation Application Performance Management (APM) company that delivers rapid problem resolution for highly distributed applications through easy-to-use transaction flow monitoring and deep diagnostics. Unlike other APM providers, AppDynamics finds the root cause of performance problems without introducing excess overhead or requiring a complex and costly installation. AppDynamics offers immediate value to IT operations and development teams through its free tool, AppDynamics Lite, which can be downloaded and deployed within minutes via http://www.appdynamics.com/free. The company was recently recognized as a Gartner Cool Vendor in IT Operations Management. For more information, visit http://www.appdynamics.com/.
AppDynamics is a trademark of AppDynamics, Inc.
Source: AppDynamics, Inc.
CONTACT: Dan Spalding of Spalding Communications, LLC, +1-408-960-9297,
dan@spaldingcomm.com, for AppDynamics, Inc.
Flatirons Solutions Announces New iPhone App for Leading Content Management Systems
BOULDER, Colo., May 10 -- Flatirons Solutions Corporation today announced the availability of a new mobile device application that allows authorized users to securely access Enterprise Content Management (ECM) platforms to view assets and metadata, participate in workflows, and view rich media on their mobile device.
The application, called iCMS, builds on the Content Management Interoperability Services (CMIS) standard, and supports the EMC Documentum solution as well as iPhone and iPod Touch mobile devices. Flatirons Solutions plans to extend the iCMS application to support other CMIS-compliant content management platforms and mobile devices, including Android and the recently released Apple iPad.
The lightweight iCMS architecture includes both client and JSON-based server side components, and can be extended to support a wide array of client-specific business needs. iCMS is ideally suited for organizations whose knowledge workers need mobile access to an ECM repository in order to make decisions, advance business processes and approve formally managed content.
Flatirons Solutions Chief Technical Officer Eric Severson noted that the iCMS application is a good example of the leading edge work that Flatirons Solutions does to support the rapidly evolving needs of its clients. "As knowledge workers come to rely on mobile devices as a means of accessing enterprise information, optimizing the delivery of content to these devices becomes a critical business requirement. iCMS demonstrates Flatirons' leadership in meeting these requirements."
The iPhone version of iCMS is now available at no cost at the Apple iTunes App Store. For more details on iCMS, please visit the Flatirons Solutions website at http://www.flatironssolutions.com/iphone.
ABOUT FLATIRONS SOLUTIONS
Flatirons Solutions provides strategic consulting, engineering, and program management services to commercial and government clients. Flatirons Solutions specializes in architecting and delivering leading edge content technology solutions that leverage best of breed platforms for publishing, digital asset management, enterprise marketing, and social media. Headquartered in Boulder, Colorado, and with offices in Washington, DC and Texas, Flatirons Solutions delivers its services to clients worldwide. For more information visit Flatirons Solutions on the web at http://www.FlatironsSolutions.com.
Source: Flatirons Solutions
CONTACT: Patrick Dawson of Flatirons Solutions, +1-303-542-2142,
pat.dawson@flatironssolutions.com
Red Hat Ready Partner Integrates XML Gateway with JBoss Enterprise Middleware to Fuel Enterprise Federated SOA Deployments
BOSTON, May 10 -- Crosscheck Networks, Inc. a leader in services testing, simulation and security, today announced it has joined Red Hat's Independent Software Vendors (ISV) Partner Program. As a Red Hat Ready Partner, Crosscheck Networks, and its wholly owned subsidiary Forum Systems, now support Red Hat's middleware portfolio, JBoss Enterprise Middleware.
The Red Hat ISV Program provides qualified vendors easy access to the tools and resources necessary to develop and test their products on Red Hat technologies. Additionally, through the program's co-marketing and co-branding offerings, Crosscheck Networks will make its flagship solution, the Forum Systems Sentry XML Gateway, available to Red Hat customers worldwide.
Processing more than one billion transactions per day worldwide, Forum Sentry simplifies business communications through secure integration across networks and business boundaries. The FIPS- and DoD-certified Sentry XML Gateway ensures preemptive risk mitigation of business transactions exposed via SOA by enabling the ability to develop and deploy robust and reliable SOAP- and XML-based Web services. Empowering more secure, efficient and seamless information exchange among back-office applications, Web services, and customer and partner portals - the hallmarks of Federated SOA - Forum Sentry affords users more control of their Web interactions.
"Crosscheck Networks' new partnership with Red Hat underscores the demand for, and increasing adoption of, Forum Sentry in the enterprise," said Daniele de Petris, CTO of Quanam Italia, an Advanced Partner of Red Hat. "The integration of Crosscheck Networks' products with the JBoss Enterprise SOA Platform offers our IT customers unprecedented flexibility and scalability for maximizing the value of their open source software deployments."
"Crosscheck Networks is experiencing strong growth in the EMEA markets," said Mamoon Yunus, CEO of Crosscheck Networks. "Achieving interoperability with JBoss Enterprise Middleware and Red Hat Ready Partner status adds to that momentum. Additionally, by leveraging systems integrator partners like Quanam Italia, we'll continue to deliver solutions that help enterprises establish Federated SOA, and facilitate safe cloud migrations."
Forum Sentry is an integral component of Crosscheck Networks' comprehensive services "lifecycle" suite. The products can be deployed together or seamlessly integrated with organizations' existing infrastructure. In addition to Forum Sentry, the company's enterprise-class offerings comprise:
-- SOAPSonar - Provides modes for functional, multi-client performance,
compliance and security testing of SOAP-, XML- and REST-based
services. SOAPSonar offers enterprises the unique ability to test
functional and performance characteristics of unlimited-sized Web
services attachments via streaming of structured and unstructured data
based on industry standards such as MTOM and MIME. And with support
for WS-Trust, SAML 2.0 and WS-identity tokens, SOAPSonar ensures a
best-practices approach to Federated Identity Management.
-- Forum STS - Allows secure, accelerated and consolidated identity
enforcement, controlling privileges without requiring the custom code
that can frequently introduce risk. Performing comprehensive
mediation, authentication, and authorization of identity exchange
among customer and partner portals, Web applications and XML-based Web
services, Forum STS provides businesses with a simplified model for
identity management and the framework for Federated SOA. And through
Federated SOA with trusted business units and external trading
partners, organizations can successfully navigate the regulatory and
compliance barriers related to information security, integrity and
privacy, and form a solid foundation for their cloud computing
initiatives.
-- CloudPort - A first-of-its-kind cloud simulation product that enables
enterprises to make more informed decisions when selecting a provider
for, and prioritizing which applications to migrate to, cloud
computing. Capitalizing on actual metrics of cloud providers and
enterprise data centers, organizations using CloudPort can more
confidently align their infrastructure with business requirements for
enhanced reliability and risk mitigation, and ensure seamless
enterprise-to-cloud integration. Notably, enterprises benefit by never
having to touch production code, while eliminating the substantial
time, capital and IT staff resource expenses related to building a
distinct cloud test environment
About Crosscheck Networks
Crosscheck Networks and its wholly owned subsidiary Forum Systems deliver solutions for deploying robust, resilient, secure and reliable Web services. The company's integrated, holistic product suite streamlines and optimizes resources throughout the Web services lifecycle, ensuring reduced time-to-market and more rapid return on investment. Crosscheck Networks is the only company with HP Enterprise Management Alliance Program (EMAP) certification for Service Oriented Architecture (SOA) testing with native HP Quality Center Integration. For more information, please visit http://www.crosschecknet.com.
All names are trademarks or registered trademarks of their respective owners.
SuccessFactors Unveils New Products and Updates to Business Execution Software Suite
NEW YORK, May 10 -- Today, at SuccessConnect 2010, SuccessFactors, Inc. (NASDAQ:SFSF) announced new products and updates to its Business Execution Software (BizX) suite.
Since pioneering a new software category with the launch of Business Execution in September last year, SuccessFactors has continued to innovate and extend its product portfolio to support its mission of helping companies address the number-one business imperative: Execution.
These new innovations span SuccessFactors' two key components of its BizX suite: Business Alignment and People Performance solutions. SuccessFactors' business alignment offerings help ensure employees are working on the right things every day, and its People Performance solutions ensure the right people are in the right roles, and that they are working to their full potential. The newest products and updates in the Business Execution Software suite are:
SuccessFactors Social Business Software - SuccessFactors' recent acquisition of CubeTree and future integration will put social software to work to accelerate business execution for all companies. CubeTree makes social business software that brings communication, content sharing and collaboration within a single platform to create massive efficiencies in everyday work. By melding CubeTree's collaboration features into SuccessFactors' ubiquitous Business Execution platform, individuals and teams at companies can break through organizational silos and geographies to get work done. For more information, visit: http://www.successfactors.com/cubetree/.
SuccessFactors BizX Insights, Powered by Inform - The first integrated solution between SuccessFactors BizX Suite and Inform, SuccessFactors BizX Insights enables C-Level executives and managers to get quantitative insights and answer critical questions about overall business performance to further accelerate results within an organization. For more information, see http://www.successfactors.com/everyday-execution/.
SuccessFactors Calibration - A new integrated solution in SuccessFactors' BizX suite, Calibration is the only application that transforms employee calibration into a smooth and efficient process that empowers executives to make critical talent decisions based on credible and objective cross-group insights. For more information, see http://www.successfactors.com/calibration/enterprise/.
SuccessFactors Goal Execution - A completely novel approach to managing organizational execution, SuccessFactors Goal Execution brings strategic company goals into the everyday work of employees. From the CEO to each individual employee, it creates commitment, transparency and accountability to ensure that everyone in the organization devotes the maximum amount of energy to addressing company strategy. For more information, see http://www.successfactors.com/goal-execution/enterprise/.
Recruiting Management - SuccessFactors BizX Recruiting is the first and only application that ensures that a company's recruiting process and specs for new hires are in lockstep with overall company goals, metrics and strategies. The latest updates include:
-- Interview central that enables hiring managers, recruiters and
interviewers to collaborate ensuring the right person is hired every
time;
-- Unified profiles for all candidates that brings together external and
internal data; and
-- A revolutionary new Talent Management Tool that makes it easy to
build, manage and communicate with your talent pool.
About SuccessConnect 2010
With the driving forces of people performance and business alignment, SuccessConnect 2010 explores how the SuccessFactors Business Execution Suite can be best leveraged across all organizations to accelerate business execution and achieve real business results. SuccessConnect assembles SuccessFactors customers and partners, as well as industry analysts and thought leaders, to share experiences and discuss how to get the most out of SuccessFactors. SuccessConnect takes place in New York on May 10-11 and San Francisco on May 17-18 and will feature keynotes from EMC Corporation and Coca-Cola Enterprises, Inc.
About SuccessFactors, Inc.
SuccessFactors (NASDAQ:SFSF) is the global leader in Business Execution Software. The SuccessFactors Business Execution Suite improves business alignment and people performance to drive breakthrough results for companies of all sizes, anywhere in the world. More than 8 million users and 3,000 companies leverage SuccessFactors every day. To learn more, visit: http://www.successfactors.com/.
LSI Delivers Advanced Software Options to White Box Channel Partners
New software for MegaRAID 6Gb/s SATA+SAS controllers boost transactional I/O performance of SSD configurations; enable enhanced data protection
MILPITAS, Calif., May 10 -- LSI Corporation (NYSE: LSI) today announced four advanced software options for LSI(TM) MegaRAID® 6Gb/s SATA+SAS controller cards. The new software offerings are designed to provide white box channel partners with enhanced performance and data protection capabilities, enabling end users to address key business challenges while helping to deliver a higher return on their IT investments.
"LSI is committed to delivering the industry's broadest portfolio of solutions that allow white box channel partners and their customers to take full advantage of the performance and power benefits of solid-state drives," said Brent Blanchard, director of worldwide channel sales and marketing, LSI. "With these new software options, including advanced data protection capabilities, we're helping to provide our partners with the tools they need to gain a competitive edge."
Performance acceleration for solid-state drive configurations
The LSI MegaRAID CacheCade(TM) software pack is designed to significantly accelerate the performance of hard disk drive (HDD) arrays by enabling solid-state drives (SSDs) to be configured as a secondary tier of cache. CacheCade software helps to maximize transactional I/O performance for read-intensive applications, delivering up to a 50X performance improvement with only an incremental investment in SSD technology.
The software is best suited for highly random I/O block-oriented applications that frequently read and re-read data from a small working set such as web, file, SQL and other transactional server applications.
The CacheCade software pack includes MegaRAID FastPath software and is delivered to customers as a bundled solution consisting of both products.
LSI MegaRAID FastPath(TM) software provides performance acceleration for SSD arrays connected to an LSI MegaRAID 6Gb/s SATA+SAS controller. The software is designed to substantially boost storage subsystem and overall application performance, particularly for workloads requiring high levels of random read/write operation such as transactional database applications.
With MegaRAID FastPath software enabled, SSD configurations can sustain over 150,000 read I/Os per second (IOPS) in RAID 0 environments. The software supports full optimization of SSD and HDD virtual disk groups to deliver a 2X improvement in read and write IOPS compared to MegaRAID controllers not utilizing FastPath software.
Advanced data recovery and security
LSI MegaRAID Recovery software is designed to enhance data protection through rapid file and volume-level data recovery capabilities using snapshot functionality. Users can capture snapshots of source volume data at designated points in time and restore data from those points should accidental or malicious data loss or corruption occur.
The software is designed to allow lost data from disks to be recovered in minutes, minimizing downtime and helping to eliminate the lengthy process of restoring data from tape. The software helps to satisfy the growing need for more frequent restore points and reduced recovery times, providing IT organizations with new levels of data protection and business continuity.
To avoid the high costs associated with data loss or theft, LSI MegaRAID SafeStore(TM) software, together with self-encrypting drives (SEDs), helps to secure a drive's data from unauthorized access or modification resulting from theft, loss or repurposing of drives. SafeStore software combines local key management with drive-level encryption to provide businesses with cost-effective security of data at rest, while preserving system performance and ease-of-use.
Advanced software options are currently supported on the MegaRAID SAS 9260-4i, 9260-8i and 9280-4i4e controllers, and requires installation of a physical key on the controller. Users will be able to download and install advanced software options on the full line of MegaRAID 6Gb/s SATA+SAS controllers using electronic licenses in the second half of this year.
LSI offers an extensive portfolio of SATA and SAS solutions, including MegaRAID and 3ware controllers, host bus adapters (HBAs) and JBOD products. The products are supplied through the LSI worldwide network of distributors, system integrators, system builders and VARs.
LSI Corporation (NYSE:LSI) is a leading provider of innovative silicon, systems and software technologies that enable products which seamlessly bring people, information and digital content together. The company offers a broad portfolio of capabilities and services including custom and standard product ICs, adapters, systems and software that are trusted by the world's best known brands to power leading solutions in the Storage and Networking markets. More information is available at http://www.lsi.com.
(1) Estimated MSRP. Actual prices may vary.
Editor's Notes:
1. All LSI news releases (financial, acquisitions, manufacturing,
products, technology, etc.) are issued exclusively by PR Newswire and
are immediately thereafter posted on the company's external web site,
http://www.lsi.com/.
2. LSI, the LSI & Design logo, MegaRAID, CacheCade, FastPath and SafeStore
are trademarks or registered trademarks of LSI Corporation.
3. All other brands or product names may be trademarks or registered
trademarks of their respective companies.
Source: LSI Corporation
CONTACT: Jay Russo of LVA Communications, +1-860-739-5598, jay@lva.com,
for LSI Corporation; or Brian Garabedian of LSI Corporation, +1-408-433-8253,
brian.garabedian@lsi.com
Combination Expands International Opportunity by Entering Recruitment for the Energy Industry
NEW YORK, May 10 -- Dice Holdings, Inc. (NYSE: DHX), a leading provider of specialized career websites for professional communities, today announced it has completed the purchase of the online and career events-related businesses of WorldwideWorker, a global leader in recruitment for the energy industry.
"The acquisition of WorldwideWorker delivers on two important parts of our growth strategy: international growth and new vertical expansion," said Scot Melland, Chairman, President & CEO of Dice Holdings, Inc. "WorldwideWorker is a well-regarded player in the highly-attractive energy sector. The global nature of the energy business allows us to leverage both our cross-border recruiting expertise and our international infrastructure."
Based in Dubai, WorldwideWorker is widely known for its extensive international resume database and its recruitment events held at industry-leading conferences. More than 400,000 energy professionals have registered with WorldwideWorker and two-thirds of those are based in Asia, Africa or the Middle East. Nearly half of WorldwideWorker's candidates have at least ten years experience.
"Our common goal is to help hiring managers and recruiters find the best possible talent most efficiently. Speed-to-hire is critical in the energy industry," said Frederik Rengers, CEO of WorldwideWorker. "Pairing the experienced Dice team with our extensive energy-industry knowledge will drive the growth of WorldwideWorker and deliver significant value to our customers."
The purchase price consists of initial consideration of $6.0 million in cash. Additional consideration to a maximum of $3.0 million in cash is payable upon the achievement of certain operating and financial goals over the next two years.
Webcast
Mr. Michael Durney, SVP, Finance & CFO will host a conference call today at 10:00 a.m. Eastern Time to discuss the acquisition.
The conference call can be accessed live over the phone by dialing 800-884-5695 or for international callers by dialing 617-786-2960; the participant passcode is 71751320. A replay will be available two hours after the call and can be accessed by dialing 888-286-8010 or 617-801-6888 for international callers; the replay passcode is 39342333. The replay will be available until May 17, 2010. The presentation will be webcast live on the investor relations section of the Company's website at http://www.diceholdingsinc.com.
About Dice Holdings, Inc.
Dice Holdings, Inc. (NYSE:DHX) is a leading provider of specialized career websites for professional communities, including technology and engineering, financial services, energy, healthcare, and security clearance. Our mission is to help our customers source and hire the most qualified professionals in select and highly skilled occupations, and to help those professionals find the best job opportunities in their respective fields and further their careers. For more than 19 years, we have built our company by providing our customers with quick and easy access to high-quality, unique professional communities and offering those communities access to highly relevant career opportunities and information. Today, we serve multiple markets primarily in North America, Europe, the Middle East, Asia and Australia.
Forward-Looking Statements
This press release contains forward-looking statements. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control. Forward-looking statements include information concerning our possible or assumed future results of operations, including descriptions of our business strategy. These statements often include words such as "may," "will," "should," "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions. These statements are based on assumptions that we have made in light of our experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors include, but are not limited to, competition from existing and future competitors, failure to maintain and develop our reputation and brand recognition, failure to increase or maintain the number of customers who purchase recruitment packages, cyclicality or downturns in the economy or industries we serve, and the failure to attract qualified professionals or grow the number of qualified professionals who use our websites. These factors and others are discussed in more detail in the Company's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2009, under the headings "Risk Factors," "Forward-Looking Statements" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and our quarterly reports on Form 10-Q, all of which are available on the Investor Relations page of our website at http://www.diceholdingsinc.com.
You should keep in mind that any forward-looking statement made by us herein, or elsewhere, speaks only as of the date on which we make it. New risks and uncertainties come up from time to time, and it is impossible for us to predict these events or how they may affect us. We have no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.
Investors: Media:
Dice Holdings, Inc. Makovsky + Company
Jennifer Bewley, 212-448-4181 Kona Luseni, 212-508-9684
ir@dice.comkluseni@makovsky.com
Source: Dice Holdings, Inc.
CONTACT: Investors: Dice Holdings, Inc., Jennifer Bewley,
+1-212-448-4181, ir@dice.com; or Media: Makovsky + Company, Kona Luseni,
+1-212-508-9684, kluseni@makovsky.com
LJUBLJANA, Slovenia, May 10, 2010-- High-tech company XLAB released a new version of the web conferencing
solution ISL Groop 2.0.2 which includes considerable improvements to sound
quality. The new version is available to the public at http://www.islonline.com.
Automatic audio and video detection
ISL Groop is web conferencing software designed for online
meetings, webinars or e-learning. The key element for online collaboration is
the quality of the audio and video feature. ISL Groop automatically detects
the best audio and video device which saves participants time as they avoid
the setup of peripherals. Starting a VoIP connection becomes incredibly easy
for all users.
In addition, it offers other advanced audio features such as
noise suppression, guess speech, automatic resolving of audio problems and
others.
The latest version of ISL Groop 2.0.2 brings even better
automatic voice detection. Audio playback has been improved to account for
pauses in speech better and play the sound back in a more natural way.
Online meetings in three minutes
ISL Groop allows efficient communication with business
partners, colleagues or students. Online meetings are started on demand
without prior settings to the computer. Since there are no additional
hardware requirements, online collaboration is really just a click away.
Besides audio and video streaming, attendees can import PowerPoint
presentations in the virtual meeting room or share their desktop or
individual application. The participant can allow others to control the
desktop or application remotely from their computer. During the presentation
participants can use annotation tools to emphasize the key points.
http://www.islonline.com has been supplying Internet communication
services for remote desktop support, remote access, live chats and online
meetings since 2003 to over 80,000 business users worldwide.
Source: ISL Online
ISL Online Headquarters, Barbara Viskovic, Marketing&PR, XLAB d.o.o., Pot za Brdom 100, SI-1000 Ljubljana, press@islonline.com, T: +386-1-2447760, F: +386-1-2447770
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Rank Interactive is a remote gaming and betting business, principally
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Notes to Editor
For further information please contact:
Paul Isbell
Yabber, Profero's Social Media and Digital PR Business Unit.
Office: +44(0)20-7529-8575
E-mail: Paul.Isbell@profero.com
Source: G Casino
Notes to Editor: For further information please contact: Paul Isbell, Yabber, Profero's Social Media and Digital PR Business Unit., Office: +44(0)20-7529-8575, E-mail: Paul.Isbell@profero.com
Publicis London and Depaul UK Launch Charity iPhone Application
LONDON, May 10, 2010--
- iHobo, the World's First Live Action Charity App, Gives Users a Unique
Insight Into the Issues the Homeless Face
Publicis London today launches an innovative iPhone application, iHobo,
to challenge perceptions surrounding homelessness. The app, the first ever to
feature interactive live action video footage, has been developed on behalf
of homelessness charity Depaul UK.
The free iHobo application downloads a virtual homeless person on to the
user's iPhone and effectively demonstrates in real time the complexity of
homelessness; lack of shelter, food and money, emotional distress, isolation,
drug use, crime and physical and mental abuse. It can be found by simply
searching for 'iHobo' in iTunes or via the link http://itunes.apple.com/gb/app/ihobo/id364005732?mt=8.
The charity is looking to attract a new generation of young, affluent
donors to continue its work. Paul Marriot, CEO of Depaul UK, said: "Homeless
young people are often stereotyped and looked down upon. When they sleep
rough, they are highly vulnerable and face very real risks. But they are just
like any other young person and, with the right support, they can be back on
their feet and fulfil their undoubted potential.
"By creating this app we aim to dispel negative stereotypes of young
homeless people and raise awareness of the reasons that young people become
homeless and the emotions that they feel. We wanted to create an app that
would stand out and make people pay attention, and make people think about
how they can make a difference."
Over three days iHobo is the iPhone user's responsibility with every
decision made - such as offering food, money or emotional support - impacting
on his life. It uses Apple's most recent Push Notification technology to send
alerts to the user when iHobo needs help. Once the application cycle is
complete it makes the point that homeless people are in fact not hobos and
the user is invited to make a donation directly to Depaul UK. Depaul UK and
Publicis are keen to start a debate around youth homelessness, government
commitment, general awareness and the solutions to these problems.
By using a controversial and emotive name, they aim to encourage debate,
raise awareness and start a discussion on a broad level with those that have
not previously been aware of it. iHobo is not intended to be a negative
reflection on young homeless people. The application questions the labels
that are often placed upon homeless people and the misconceptions that people
have about homeless people, how they have found themselves in this situation
and the options available to them.
Tom Ewart and Adam Kean, joint executive creative directors, Publicis
London, said: "We wanted to reach that elusive generation of young, affluent
donors, who tend to exist in a world defined by their mobiles. It's been a
complicated process getting live interactive footage onto an app, but doing
something that's never been done before was never going to be easy."
The application seeks to raise awareness to the general public that there
is a real need to tackle the causes of homelessness and promote long term
support, rather than short term solutions. Organisations like Depaul UK not
only provide safe accommodation, but provide the skills, training,
counselling and support needed to ensure that young people can become
independent individuals that are able to fulfil their potential.
Eutelsat and IctQATAR Sign Strategic Alliance to Develop a New Satellite Programme Expanding Opportunities at Eutelsat's 25.5degrees East Neighbourhood
New Satellite for Launch End 2012 Will Carry Ku-Band and Ka-Band Capacity for Middle East, North Africa, Central Asia
PARIS and DOHA, Qatar, May 10, 2010-- ictQATAR (representing the State of Qatar) and Eutelsat Communications
(Euronext Paris: ETL) announce today the signing of a partnership agreement
to invest in and operate a new high-capacity satellite at Eutelsat's
25.5degrees East location, one of the two longstanding and anchored
neighbourhoods serving fast-growing markets in the Middle East and North
Africa regions.
This historic partnership was signed this morning at the Emiri Diwan in
Doha, in the presence of H.E Qatari Prime Minister and Foreign Minister
Sheikh Hamad Bin Jassim Bin Jabor Al Thani and Eutelsat Chairman Giuliano
Berretta, by Dr Hessa Al Jaber Secretary General of ictQatar and Michel de
Rosen, Eutelsat CEO.
To be launched at the end of 2012, the new satellite will provide both a
significantly expanded mission and superior coverage and power across the
Middle East, North Africa and Central Asia to follow-on from Eutelsat's
EUROBIRD(TM) 2 satellite, which is currently operated at 25.5degrees East. In
addition to securing Ku-band continuity for Eutelsat and additional Ku-band
resources for ictQATAR, it will initiate a Ka-band capability opening
business opportunities for both parties.
This multi-mission architecture will enable both partners to respond to
the fastest-growing applications in the Middle East and Africa, including
video broadcasting, enterprise communications and government services. The
television market will in particular benefit from the installed base of more
than 13 million satellite homes already equipped for Direct-to-Home reception
from this neighbourhood.
"Qatar is pleased to enter into this strategic partnership with Eutelsat
with a satellite resource that we have named "ES'HAIL". The agreement is
important for us as it will secure our strategic interests in communications
capabilities in terms of broadcasting, communications, government services
and any other future innovative services that our local market will require,"
said Dr. Hessa Al Jaber.
Michel de Rosen added: "We are honoured to partner with ictQatar and are
convinced that together, we can represent a strong and complementary force
that benefits the expansion and continuing sophistication of digital services
across the footprint of our future new satellite. We look forward to
developing this new relationship with ictQatar, which further anchors on a
long-term basis our commitment to markets in the Middle East and North
Africa."
Eutelsat and ictQatar are scheduled to place the order for the new
satellite by the middle of 2010, with launch in late 2012. This programme is
part of the capex plan communicated by Eutelsat Communications for the period
2009-2012.
About ictQATAR
The Supreme Council of Information and Communication Technology
(ictQATAR) connects people to the technologies that enrich their lives, drive
economic development and inspire confidence in the future. ictQATAR is
entrusted with two primary authorities: as the country's independent and fair
regulator of the telecommunications market, and as the government body that
nurtures innovative technologies to benefit those who live and work in Qatar.
Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is
the holding company of Eutelsat S.A.. With capacity commercialised on 26
satellites that provide coverage over the entire European continent, as well
as the Middle East, Africa, India and significant parts of Asia and the
Americas, Eutelsat is one of the world's three leading satellite operators in
terms of revenues. At 31 December 2009, Eutelsat's satellites were
broadcasting more than 3,400 television channels and close to 1,100 radio
stations. More than 1,000 channels broadcast via its HOT BIRD(TM) video
neighbourhood at 13 degrees East which serves over 123 million cable and
satellite homes in Europe, the Middle East and North Africa. The Group's
satellites also serve a wide range of fixed and mobile telecommunications
services, TV contribution markets, corporate networks, and broadband markets
for Internet Service Providers and for transport, maritime and in-flight
markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates
services through teleports in France and Italy that serve enterprises, local
communities, government agencies and aid organisations in Europe, Africa,
Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries
employ 635 employees from 27 countries.
WARWICK, England, May 10, 2010-- Recognising the growing importance of sustainability and other social
responsibility issues to building operators, Integrated fm has launched a
website (http://www.sustainabilityiq.com) dedicated to the management of
sustainability and CSR data.
Packed with vital information for facilities, estates and sustainability
managers, the site features an 'easy guide to the Carbon Reduction
Commitment', explaining how compliance can be achieved and implications of
non-compliance.
There is also a simple and easy to follow guide on the management of
sustainability, highlighting the parameters that need to be measured and how
that information can be obtained, analysed, verified and reported on. Backing
the online information are free downloads so that users can access the
information offline.
"Delivering an organisation's sustainability aspirations presents major
challenges for facilities, estates and sustainability managers," noted
Integrated fm's Steve Dingley. "They have to identify the data they need,
assimilate it from various sources in different formats, validate it and then
bring it all together for reporting. We have been working with a number of
organisations to help them address these challenges, using over 20 years of
experience of managing data to develop affordable solutions that save time
and drive down costs. The result is Sustainability iQ, the world's first
truly auditable management system for sustainability and CSR," he added.
As well as general information, therefore, the new website also includes
information on how Sustainability iQ not only ensures that all data is fully
validated but also how it uses the latest technologies to reduce weeks of
work to just a few minutes.
MarketsandMarkets: Global Service Robotics Market Worth U.S. $21 Billion by 2014
DALLAS, May 10, 2010-- According to a new market research report, 'Global Service Robotics
Market (2009 - 2014)', published by MarketsandMarkets
(http://www.marketsandmarkets.com), the total global service robotics market
is expected to be worth US$21 billion by 2014, out of which the Asia market
will account for nearly 35% of the total revenues. The global market is
expected to record a CAGR of 49.6% from 2009 to 2014.
Browse in-depth TOC on Service Robotics Market.
Early buyers will receive 10% customization of reports.
(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field.
Remove the space if one exists.)
Increasing ageing population concerns are driving the need for domestic
and personal service robots. Efficient and advanced robots with lower power
consumption are the need of the hour.
In personal service robotics market, domestic robotics market is the
largest segment; and is expected to reach US$1.97 billion by 2014 at a CAGR
of 52%. The high market size of domestic robots is mainly due to demand of
robots for assistance in household tasks and to act as a companion. The
entertainment market is estimated to be $1.85 billion in 2014. Defense,
security and surveillance robots cover the large segment of the professional
service robotics market. However, they are expected to be taken over by field
robots by 2014.
Ageing population and continuous research has made Asia the dominant
player in the service robotics market. In 2009, the market share is estimated
to be 52% with a size of $3.7 billion. Europe is expected to have the
second-highest market for service robots. However, a large consumer base of
domestic robots in the U.S. and Europe makes them the most attractive market
for vacuum cleaners and other domestic products.
Analyst Briefing Presentation on the Global Service Robotics market to be
held on 8th June
The Advanced material at MarketsandMarkets is pleased to announce its
Analyst Briefing Presentation on the Global Service Robotics market to be
held on 8th June.
MarketsandMarkets (M&M) is a global market research and consulting
company based in the U.S. We publish strategically analyzed market research
reports and serve as a business intelligence partner to Fortune 500
companies across the world. MarketsandMarkets also provides multi-client
reports, company profiles, databases, and custom research services.
M&M covers thirteen industry verticals, including advanced materials,
automotive and transportation, banking and financial services, biotechnology,
chemicals, consumer goods energy and power, food and beverages, industrial
automation, medical devices, pharmaceuticals, semiconductor and electronics,
and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by
providing apt business insight with our huge market intelligence repository.
To know more about us and our reports, please visit our website http://www.marketsandmarkets.com
Ness Technologies Wins IVR Contract with Bank Discount
TEL AVIV, Israel, May 10, 2010-- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global
provider of IT services and solutions, today announced that it has been
awarded a contract from Bank Discount to deploy an Interactive Voice Response
(IVR) and speech recognition system at Israel's Bank Discount. The project
will last 18 months.
The communications division of Ness Technologies' Technologies
and Systems Group (Ness TSG) will provide the bank with an advanced,
interactive voice response solution based on the Genesys Voice Platform
(GVP), a software-based voice portal developed by Genesys Telecommunications
Laboratories, an Alcatel-Lucent company. GVP enables businesses to provide
cost-effective customer interactions. In addition, the solution will include
the deployment of advanced speech recognition applications which will enable,
at the first stage, to receive information about stock rates and branches
opening hours. The speech recognition will be performed using a speech
recognition engine developed by Nuance.
Ness Technologies has years of experience in establishing contact
centers and integrated solutions based on Computer Telephony Integration
(CTI), IVR and speech recognition. Ness has exclusive experience in deploying
Genesys' GVP platform in Israel. The new project is the fourth such system
implemented in Israel in the recent years. In addition, Ness Technologies
developed related solutions that provide clients with added value in
management, operation and conducting necessary daily changes, including
Hebrew support.
"The advanced system that was proposed by Ness enables the right
integration of the various technologies that exist in the bank and
complements the bank's Genesys CTI system," said Shay Vardi, Bank Discount's
CIO. "The system will allow us to deploy new services rapidly in a short
time, and improve our service level."
"The selection of Ness Technologies by Bank Discount is an
expression of confidence in the solution and experience offered by Ness, as
well as satisfaction from the professional, efficient and reliable service
provided by us to Bank Discount during the years," said Michael Zinderman,
President of Ness TSG.
About Ness Technologies
Ness Technologies (NASDAQ: NSTC and TASE:NSTC) is a global
provider of IT and business services and solutions with specialized expertise
in software product engineering; and system integration, application
development, consulting and software distribution. Ness delivers its
portfolio of solutions and services using a global delivery model combining
offshore, near-shore and local teams. With about 7,800 employees, Ness has
operations in North America, Europe, Israel and India, has customers in over
20 countries, and partners with numerous software and hardware vendors
worldwide. For more information about Ness, visit http://www.ness.com.
Forward Looking Statement
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements often are preceded by words such as "believes," "expects," "may,"
"anticipates," "plans," "intends," "assumes," "will" or similar expressions.
Forward-looking statements reflect management's current expectations, as of
the date of this press release, and involve certain risks and uncertainties.
Ness' actual results could differ materially from those anticipated in these
forward looking statements as a result of various factors. Some of the
factors that could cause future results to materially differ from the recent
results or those projected in forward-looking statements include the "Risk
Factors" described in Ness' Annual Report of Form 10-K filed with the
Securities and Exchange Commission on March 15, 2010. Ness is under no
obligation, and expressly disclaims any obligation, to update or alter its
forward-looking statements, whether as a result of such changes, new
information, subsequent events or otherwise.
Media Contact:
David Kanaan
Intl: +972-54-425-5307
Email: media.int@ness.com
NEW YORK, May 10, 2010-- LocatioNet Systems Ltd., the developer and provider of the amAze
GPS worldwide mapping and navigation service, released today a new version
5.2 of amAze GPS that includes location sharing with Facebook friends.
amAze GPS is one of the world's most popular off-board mobile
phone navigation services with over 500 supported mobile phone models and
millions of downloads from all over the world.
In addition to the existing rich features including worldwide
navigation, mapping, speed camera alerts, rich POI, weather and more, the new
version 5.2 offers users also the option to share their location with a
selected list of their Facebook friends via amAze GPS. A new Facebook
interface was added to the mobile application to allow amAze users to view
the last known address or map location of their friends.
Users can get walking or driving directions to their friends'
location with one click of a button.
Important privacy protection mechanism allows users to select
which one of their friends will see their location. In addition the users
have the option at any time to disable their location sharing.
"This is an exciting addition to amAze GPS" said Ofer Tziperman,
President of LocatioNet. "Location sharing is a real need for many users
today. It is a natural extension for amAze, that allows users to interact
with their friends and family based on their current location and to share
some more relevant data that is available with today's GPS phones. We are
sure that it will get a warm welcome amongst our loyal users. All privacy
aspects were addressed".
Users can download amAze for free via the amAze GPS web site at: http://www.amazegps.com or via most of the main app stores. The Facebook
interface can be found on http://apps.facebook.com/amazegps. The basic
version of amAze GPS that includes the Facebook location interface is free of
charge. Users that wish to add the navigation feature can get an affordable
annual license.
About LocatioNet
With a track record of over 19 years in the field of
location-based services, LocatioNet is best positioned to re-define the
navigation and local search market. The amAze GPS off-board navigation
service developed by the Company is based on LocatioNet`s Patented LBS
middleware, best of its kind GIS engine, advanced client-server technology
and a unique Location-based ad-server. For more information visit http://www.locationet.com
Ness Technologies Starts Multi-Million Shekel Project to Implement SAP System for Maccabi Healthcare Services' Service Providers
TEL AVIV, Israel, May 10, 2010-- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider
of information technology solutions and services, announced today the
beginning of a project to implement a system for the management of Maccabi
Healthcare Services' service providers, including settlement and payment. The
system will be based on SAP's Incentives and Commissions Management (ICM)
module. The SAP ICM module will be integrated with Maccabi's existing SAP ERP
system. The project is valued at multi-millions of New Israeli Shekels.
Maccabi Healthcare Services is Israel's second largest health maintenance
organization (HMO), providing comprehensive medical care to 1.8 million
members. Maccabi has approximately 5,000 service providers including 4,000
independent physicians.
"The new system, which replaces an old system developed in the early
'90s, will save the cost of developing a new version of that system, and will
streamline Maccabi's work processes and improve budget control," said Ofer
Weisberg, Manager of IT and Communications Division, Maccabi Healthcare
Services. "We selected Ness Technologies for this project due to the
company's expertise and experience with SAP systems and Ness vast knowledge
in healthcare solutions and services."
"The selection by Maccabi further positions us as a leading system
integrator and SAP implementer and it attests to our unique benefits in this
area of expertise," said Effi Kotek, President of Ness Israel. "The new
contract also represents another milestone in our successful partnership with
Maccabi Healthcare Services."
About Ness Technologies
Ness Technologies (NASDAQ: NSTC and TASE:NSTC) is a global provider of IT
and business services and solutions with specialized expertise in software
product engineering; and system integration, application development,
consulting and software distribution. Ness delivers its portfolio of
solutions and services using a global delivery model combining offshore,
near-shore and local teams. With about 7,800 employees, Ness has operations
in North America, Europe, Israel and India, has customers in over 20
countries, and partners with numerous software and hardware vendors
worldwide. For more information about Ness, visit http://www.ness.com.
Forward Looking Statement
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements often are preceded by words such as "believes," "expects," "may,"
"anticipates," "plans," "intends," "assumes," "will" or similar expressions.
Forward-looking statements reflect management's current expectations, as of
the date of this press release, and involve certain risks and uncertainties.
Ness' actual results could differ materially from those anticipated in these
forward looking statements as a result of various factors. Some of the
factors that could cause future results to materially differ from the recent
results or those projected in forward-looking statements include the "Risk
Factors" described in Ness' Annual Report of Form 10-K filed with the
Securities and Exchange Commission on March 15, 2010. Ness is under no
obligation, and expressly disclaims any obligation, to update or alter its
forward-looking statements, whether as a result of such changes, new
information, subsequent events or otherwise.
Media Contacts:
David Kanaan
Intl: +972-54-425-5307
Email: media.int@ness.com
Gravity Mobile's Music Discovery Application is Released Worldwide in Japanese, French, German and Spanish; Company's MusicID with Lyrics Is Top Music Discovery App on iTunes
EMERYVILLE, Calif., May 10 -- Gravity Mobile today announced its MusicID® iPhone app has been released in 90 countries supporting Japanese, French, German and Spanish languages, and that it has implemented vast speed improvements across the entire app. The company also announced its app for the U.S. market, MusicID with Lyrics, has swiftly risen through the ranks and is now the leading paid music discovery as well as lyrics app in the U.S. iTunes App Store.
Tapping Gracenote®'s Global Media Database, the largest and most comprehensive media database in the world, MusicID with Lyrics allows consumers to obtain music information by searching artist or track name, entering a line from the lyrics, or by simply holding their iPhone up to music playing nearby. Once the artist or track is identified, the magic begins as the Gravity Mobile service delivers comprehensive information including lyrics, cover art, biographies, recommendations and links directly into the iTunes catalog of millions of tracks.
"We are very pleased to be recognized by iPhone and iPod touch users around the world as providing some of the best music identification and exploration experiences available today, and are thrilled to now bring those experiences to the global market," said Noah Hurwitz, co-founder and general manager, Gravity Mobile. "We believe MusicID is a groundbreaking music discovery resource for music fans that will continue to allow them to enjoy content in ways they have never been able to before."
Last year, Gravity Mobile announced AT&T had launched MusicID on more than 50 AT&T handsets with direct links to its AT&T MEdia Mall and Napster Mobile. The company has experienced rapid growth in the past two years and has been responsible for many award winning innovations made possible through a combination of its market-leading mobile technology, cutting edge applications and UI design capabilities and a proven track record of delivering best-in-class mobile solutions.
Gravity Mobile, a wholly-owned subsidiary of Gracenote, is a pioneer in the world of mobile applications and solutions. For the past five years, Gravity Mobile has received numerous awards and has provided cutting edge technologies on GSM and CDMA handsets. Gravity Mobile carrier grade solutions, both client and server, power some of the top mobile services in the US. Gravity Mobile is headquartered in San Francisco, California. http://www.gravitymobile.com.
Gracenote and MusicID are a registered trademarks of Gracenote, Inc. All other names are trademarks and/or registered trademarks of their respective owners.
For More Information Contact:
Veronica Skelton
Concept Communications
415.342.3435
vskelton@gracenote.com
Source: Gravity Mobile
CONTACT: Veronica Skelton, Concept Communications, +1-415-342-3435,
vskelton@gracenote.com, for Gravity Mobile
Infosys BPO Launches Enhanced Sales and Fulfillment Outsourcing Services
BANGALORE, India, May 10, 2010--
- Infosys Provides Industry-Specific Sales Support and Order Fulfillment
Operations
Infosys BPO, the business process outsourcing subsidiary of
Infosys Technologies, has launched an enhanced offering in the areas of sales
support and fulfillment operations.
The service offering is unique in its ability to impact not
just general and administrative costs as most BPO service offerings do, but
also cost of goods sold, thereby building the inherent competitive position
of an organization. Importantly, the sales support service favorably impacts
the organization's revenue by influencing key metrics such as revenue
assurance and revenue recognition.
The sales support suite of services will reduce the amount of
time spent by sales organizations in non-value adding administrative tasks,
thereby freeing up time and enhancing productivity. The suite of services
includes lead qualification, customer profiling, quoting, pricing, service
revenue assurance and channel partner support.
The fulfillment operations suite of services is designed to
optimize and drive efficiency in the supply chain operations of an
organization. The portfolio includes multi-industry services including order
management, demand planning, replenishment planning, inventory management,
forward and reverse logistics support.
Karen Wilder, Senior Manager, Supply Chain Field Operations,
Cisco, said, "The Infosys team has been a great partner in working with us to
define and evolve our support model for the Reverse Logistics supply chain,
helping us to achieve best-in-class in this space. Working with Infosys, we
are now able to deliver a quality and enhanced experience to our customers
for their product returns while supporting our own internal business goals."
Explaining the rationale behind the enhancement in the sales
and fulfillment service offering, Rajiv Raghunandan, Practice Head, Sales and
Fulfillment, Infosys BPO, said, "Despite the economic recovery that we are
seeing across industries today, the downturn over the past year has forced
businesses to evaluate every aspect of their portfolio and the associated
operating model. This evaluation has not just been about cost reduction, but
about innovatively leveraging outsourcing to protect revenue, grow revenue
and positively influence the cost of revenue. We believe that this context
makes our sales and fulfillment offering relevant and meaningful to a diverse
set of stakeholders in a global business across sales, marketing, supply
chain, logistics and customer services."
The sales and fulfillment practice currently accounts for
close to 20% of Infosys BPO's revenues through the services offered to client
groups, including multiple Fortune 500 companies across geographies and
industry verticals. The practice seeks to add more clients in the sales and
fulfillment services stream in 2010 with this unique set of service
offerings.
About Infosys BPO:
Infosys BPO Ltd. (http://www.infosys.com/bpo), the Business
Process Outsourcing subsidiary of Infosys Technologies, was set up in April
2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers
transformational benefits to its clients through reduced costs, ongoing
productivity improvements, and process reengineering. Infosys BPO operates in
India, the Czech Republic, China, the Philippines, Poland, Thailand, Mexico,
the USA and Brazil and employs approximately18, 610 people as on March 31,
2010. It closed FY 2009-10 with revenues of $352.1 million.
About Infosys Technologies Ltd.
Infosys (NASDAQ: INFY) defines, designs and delivers
IT-enabled business solutions that help Global 2000 companies win in a Flat
World. These solutions focus on providing strategic differentiation and
operational superiority to clients. Infosys seeks to assure clients of a
transparent business partner, world-class processes, speed of execution and
the power to stretch their IT budget by leveraging the Global Delivery Model
that Infosys pioneered. As of March 31, 2010, Infosys had approximately
113,800 employees in over 50 offices worldwide. Infosys is part of the
NASDAQ-100 Index and The Global Dow. For more information, visit http://www.infosys.com.
Infosys Safe Harbor
Statements in connection with this release may include
forward-looking statements within the meaning of US Securities laws intended
to qualify for the "safe harbor" under the Private Securities Litigation
Reform Act. These forward-looking statements are subject to risks and
uncertainties including those described in our SEC filings available at http://www.sec.gov including our Annual Report on Form 20-F for the year ended March
31, 2010, and our other recent filings, and actual results may differ
materially from those projected by forward-looking statements. We may make
additional written and oral forward-looking statements but do not undertake,
and disclaim any obligation, to update them.
For further information please contact:
Asia Pacific
Priscilla Thomas
Infosys BPO Ltd, India
Phone: +91-96865-67378
Priscilla_Thomas@infosys.com
Asia Pacific
Sunitha Guptha
The PRactice
Phone: +91-93799-15372
sunitha@the-practice.net
Australia
Cristin Balog
Infosys Technologies Ltd, Australia
Phone: +61-3-9860-2277
Cristin_Balog@infosys.com
EMEA
Antonia Maneta
Infosys Technologies Ltd, UK
Phone: +44(0)207-715-3499
Antonia_Maneta@infosys.com
The Americas
Peter McLaughlin
Infosys Technologies Ltd, US
Phone: +1-213-622-4949, Ext 206
Peter_McLaughlin@infosys.com
Source: Infosys BPO Limited
For further information please contact: Asia Pacific, Priscilla Thomas, Infosys BPO Ltd, India, Phone: +91-96865-67378, Priscilla_Thomas@infosys.com . Asia Pacific, Sunitha Guptha, The Practice, Phone: +91-93799-15372, sunitha@the-practice.net . Australia, Cristin Balog, Infosys Technologies Ltd, Australia, Phone: +61-3-9860-2277, Cristin_Balog@infosys.com . EMEA, Antonia Maneta, Infosys Technologies Ltd, UK, Phone: +44(0)207-715-3499, Antonia_Maneta@infosys.com . The Americas, Peter McLaughlin, Infosys Technologies Ltd, US, Phone: +1-213-622-4949, Ext 206, Peter_McLaughlin@infosys.com .
Kirstie Alley's Organic Liaison is Giving Away Cars and iPads to Launch Their 'Chubby Buddys' (TM) Competition
Kirstie Alley will be live via video on http://www.OrganicLiaison.com Sunday, May 9th at 3pm PT and Monday the 10th at 10am/5pm PT to talk about the final episode of this season and how she and her chubby buddy Jim have lost weight on Organic Liaison.
LOS ANGELES, May 9 -- After giving fans unprecedented access to her life with the docuseries Kirstie Alley's Big Life on A & E, Kirstie is going to take it to the next level and will be live via video at OrganicLiaison.com on Sunday, May 9th at 3pm PT and Monday the 10th at 10am/5pm PT to talk about the final episode of this season and how she and her chubby buddy Jim have lost weight on Organic Liaison.
One of Kirstie and Jim's secrets to weight loss has been having a Chubby Buddy, someone to keep each other on track on the weight loss journey. "Having my Chubby Buddy Jim has made all the difference in the world. We lean on each other (and try not to knock each other over. It's getting easier!)" said Kirstie.
To encourage others to join up with a Chubby Buddy Kirstie is going to announce the Organic Liaison "Chubby Buddys" contest beginning soon, which will run until the end of the year - the grand prize "Chubby Buddys" will each win a car. The second place team will each win a year's supply of "Rescue Me" Kits and an iPad and the third place team will each win an iPad. As an added bonus, the "Chubby Buddys" winners will be flown to LA to receive their gifts directly from Kirstie at an Organic Liaison party in January. In addition to the "Chubby Buddys" contest, Kirstie will also be giving an iPad to a lucky Organic Liaison member on Monday. Details on how to take part in the contests will be announced on http://www.organicliaison.com.
Anyone can view the Kirstie Alley live video stream at OrganicLiaison.com, free registration required. Asking questions by telephone is limited to members of Organic Liaison.
Press Contact:
Jason Weinberg/Donovan Daughtry
donatella@untitledent.com
310-601-2101
Source: Organic Liaison
CONTACT: Jason Weinberg or Donovan Daughtry, +1-310-601-2101,
donatella@untitledent.com, for Organic Liaison
California Travel & Tourism Commission and Southwest Airlines Launch First-ever Joint Online Promotion: 'California - The Game'
SACRAMENTO, Calif., May 8 -- In celebration of National Tourism Week May 8-16, Caroline Beteta, president and CEO of the California Travel & Tourism Commission (CTTC), announced a new online joint marketing promotion with Southwest Airlines at a press conference in Santa Monica today, called California - The Game.
Since 2005, CTTC and Southwest have had a strategic alliance, partnering together to promote California travel via Southwest. For the first time, this joint promotion is digitally-focused, with all activity taking place online, at visitcalifornia.com/game.
The promotion gives consumers a chance to win weekly prizes through a virtual board game where the objective is to travel around the Golden State, visiting different destinations and attractions along the way. During the journey, players will come across EXCURSIONS and PITSTOPS. EXCURSIONS are challenges to be solved. The more challenges a player gets right, the more entries earned. PITSTOPS are just that, points in the game where the player experiences uniquely California moments.
"Southwest Airlines is an important strategic partner for CTTC," noted Beteta. "Southwest serves many California communities with excellent service from markets around the country, and their creativity and humorous approach to travel marketing is a perfect match for California - and sparks our own creative juices every time we work with them."
California - The Game will continue through June 27, with Grand Prize winners announced on or about July 19. Participants can earn an extra point by sending a link to a friend via Facebook Connect. There will be one weekly winner during the first seven weeks of the promotion, with two grand prize winners the final week. Southwest will give away a pair of roundtrip airline tickets each week during the first seven weeks. There are two grand prize packages - a Southern California Ultimate Family Getaway and a Northern California Wine, Dine & Culture Getaway.
"Our nearly 30-year relationship with the Golden State has always been about combining Southwest's Legendary Customer Service, Low Fares, and Fun with all that California offers," said Kevin Krone, Southwest's Vice President Marketing, Sales& Distribution. "Now, California - The Game puts it all in one place online and can turn players' clicks into trips and, of course, the winners Bags Fly Free, too!"
The CTTC is a non-profit organization with a mission to develop and maintain marketing programs - in partnership with the state's travel industry - that keep California top-of-mind as a premier travel destination. According to the CTTC, travel and tourism expenditures total $87.7 billion annually in California, support jobs for 881,000 Californians and generate $5.3 billion in state and local tax revenues. For more information about the CTTC and for a free California Visitor's Guide as well as California Road Trips 2010, go to http://www.VisitCalifornia.com.
Southwest Airlines is the nation's largest carrier in terms of originating domestic passengers boarded, currently serving 68 cities in 35 states (launching service to Panama City Beach, FL on May 23, 2010). Based in Dallas, Southwest currently operates more than 3,200 flights a day and has nearly 35,000 Employees systemwide.
Moog Announces Security and Surveillance Acquisition
EAST AURORA, N.Y., May 7 -- Moog Inc. (NYSE:MOG.A and)(NYSE:MOG.B) announced today that the Company has purchased Pieper GmbH, a Schwerte, Germany based manufacturer of video products and integrated vision systems for security and extreme industrial environments. Pieper had 2009 revenues of euro 11 million.
"Pieper's systems expertise and hardened video products for extreme environments expand our ability to solve the most difficult vision system problems for our customers," said Jay Hennig, Group President of Moog's Space and Defense segment. "Their headquarters in Schwerte will provide a base from which our security and surveillance businesses can provide superior, local service to our European customers."
The acquisition is expected to add approximately euro 5 million to Moog's sales for the remaining 5 months of the 2010 fiscal year. As a result of first year purchase accounting adjustments, the acquisition is expected to be neutral to previously forecasted fiscal year 2010 earnings per share.
Moog Inc. is a worldwide designer, manufacturer, and integrator of precision control components and systems. Moog's high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, wind turbines, marine and medical equipment. Additional information about the company can be found at http://www.moog.com.
Cautionary Statement
Information included or incorporated by reference herein that does not consist of historical facts, including statements accompanied by or containing words such as "may," "will," "should," "believes," "expects," "expected," "intends," "plans," "projects," "approximate," "estimates," "predicts," "potential," "outlook," "forecast," "anticipates," "presume" and "assume," are forward-looking statements. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and are subject to several factors, risks and uncertainties, the impact or occurrence of which could cause actual results to differ materially from the results described in the forward-looking statements. These important factors, risks and uncertainties include:
1. fluctuations in general business cycles for commercial aircraft,
military aircraft, space and defense products, industrial capital goods
and medical devices;
2. our dependence on government contracts that may not be fully funded or
may be terminated;
3. our dependence on certain major customers, such as The Boeing Company
and Lockheed Martin, for a significant percentage of our sales;
4. delays by our customers in the timing of introducing new products,
which may affect our earnings and cash flow;
5. the possibility that the demand for our products may be reduced if we
are unable to adapt to technological change;
6. intense competition, which may require us to lower prices or offer more
favorable terms of sale;
7. our indebtedness, which could limit our operational and financial
flexibility;
8. the possibility that new product and research and development efforts
may not be successful, which could reduce our sales and profits;
9. increased cash funding requirements for pension plans, which could
occur in future years based on assumptions used for our defined benefit
pension plans, including returns on plan assets and discount rates;
10. a write-off of all or part of our goodwill or intangible assets, which
could adversely affect our operating results and net worth and cause
us to violate covenants in our bank agreements;
11. the potential for substantial fines and penalties or suspension or
debarment from future contracts in the event we do not comply with
regulations relating to defense industry contracting;
12. the potential for cost overruns on development jobs and fixed-price
contracts and the risk that actual results may differ from estimates
used in contract accounting;
13. the possibility that our subcontractors may fail to perform their
contractual obligations, which may adversely affect our contract
performance and our ability to obtain future business;
14. our ability to successfully identify and consummate acquisitions, and
integrate the acquired businesses and the risks associated with
acquisitions, including that the acquired businesses do not perform in
accordance with our expectations, and that we assume unknown
liabilities in connection with acquired businesses for which we are
not indemnified;
15. our dependence on our management team and key personnel;
16. the possibility of a catastrophic loss of one or more of our
manufacturing facilities;
17. the possibility that future terror attacks, war or other civil
disturbances could negatively impact our business;
18. that our operations in foreign countries could expose us to political
risks and adverse changes in local, legal, tax and regulatory schemes;
19. the possibility that government regulation could limit our ability to
sell our products outside the United States;
20. product quality or patient safety issues with respect to our medical
devices business that could lead to product recalls, withdrawal from
certain markets, delays in the introduction of new products,
sanctions, litigation, declining sales or actions of regulatory bodies
and government authorities;
21. the impact of product liability claims related to our products used in
applications where failure can result in significant property damage,
injury or death and in damage to our reputation;
22. changes in medical reimbursement rates of insurers to medical service
providers, which could affect sales of our medical products;
23. the possibility that litigation results may be unfavorable to us;
24. our ability to adequately enforce our intellectual property rights and
the possibility that third parties will assert intellectual property
rights that prevent or restrict our ability to manufacture, sell,
distribute or use our products or technology;
25. foreign currency fluctuations in those countries in which we do
business and other risks associated with international operations;
26. the cost of compliance with environmental laws;
27. the risk of losses resulting from maintaining significant amounts of
cash and cash equivalents at financial institutions that are in excess
of amounts insured by governments;
28. the inability to modify, to refinance or to utilize amounts presently
available to us under our credit facilities given uncertainties in the
credit markets;
29. our ability to meet the restrictive covenants under our credit
facilities since a breach of any of these covenants could result in a
default under our credit agreements; and
30. our customers' inability to continue operations or to pay us due to
adverse economic conditions or their inability to access available
credit.
Screamin Coupons Launches in Orange County and the San Fernando Valley
Daily deals website rapidly expands to include additional California communities, helps local schools raise funds, and plans to open up in 20 additional areas by the end of 2010
SAN JUAN CAPISTRANO, Calif., May 7 -- Screamin Coupons, a daily deals website that utilizes the power of the Internet and social media to offer affordable deals at local restaurants, spas, and fitness locations, has expanded to include Orange County and the San Fernando Valley.
"Screamin Coupons was inspired by the need to support local merchants, schools and non-profit organizations by bringing together a community of people and offering them amazing discounts on the things they enjoy doing," said co-founder Benson Kane. "Orange County and the San Fernando Valley have wonderful restaurants and chefs along with a variety of activities to do with family and friends. Our vision was to help bring affordable options for people to get out in their community during these difficult times and help stimulate local businesses and schools who have struggled during this economy."
Screamin Coupons (SC) offers its members discounts of 50% to 90% on select local merchants, and membership is free. Deals are displayed for only 24 hours and are localized. SC believes offering deals in local communities is more relevant to merchants, consumers and the local economy.
Current and past deals include restaurants, spas, paintball sessions, sky diving excursions, yoga and fitness classes.
Opt-in members are contacted each morning by email and are introduced to a great, one day only offer in their local area. Members also accrue referral commissions for passing the offer on to friends and family using the Scream It! Tool. This tool interacts with a member's email, Facebook and Twitter accounts and automatically shares the discount message to online friends.
Additionally, schools and non-profits benefit from these deals, with up to 10% of SC's portion of revenue generated by members of the school or the community going back to these organizations to assist with funding shortages.
Tustin Memorial Academy, an elementary magnet school in Orange County, was one of the first schools to win hundreds of dollars in school supplies through participation in a member contest in February.
Screamin Coupons is currently searching for LAUSD schools and non-profit groups who would like to raise funds.
Screamin Coupons launched in February of 2010 in Santa Clarita, California.
About Screamin Coupons
Screamin Coupons (SC) is a Delaware corp. headquartered in San Juan Capistrano. The company launched service February 2010.
SC is an internet marketing company delivering, via email and other social media, discount offers of 50%-90% off from quality local merchants, to attract new customers. Typically, offers are only visible to subscribers for 24 hours. Merchants pay nothing up front to advertise on Screamin Coupons.
Visit the website: http://www.screamincoupons.com/
Feature your business for
free: http://www.screamincoupons.com/get-featured
Screamin Coupons on Facebook: http://www.facebook.com/screamincoupons
Screamin Coupons on Twitter: http://twitter.com/screamincoupons
Source: Screamin Coupons
CONTACT: Ann Murray, +1-310-651-0304, press@screamincoupons.com, for
Screamin Coupons
From Outdated to Outstanding, US Remodelers.com 'Refaces' Website and Logo
DALLAS, May 7 -- In attempts to accommodate today's technologically savvy consumer, US Remodelers, the nation's third largest home improvement company and a wholly owned subsidiary of U.S. Home Systems, Inc. (NASDAQ:USHS), has recently completed a full remodel of its website. By providing consumers with an outstanding collection of resources associated with our core businesses of Kitchen Cabinet Refacing, Bathroom Refacing, Garage Organization Systems and Closet Organization Systems, homeowners can now be enlightened on all aspects of their home improvement goals.
US Remodelers' newly redesigned website presents an exceptional range of content for homeowners looking to upgrade their home. The site offers Picture Galleries, Videos, Detailed Product Information, Testimonials, and a Weekly Remodeling Blog. This wide range of content will help customers through the buying process from start to finish.
In conjunction with the site being 'Refaced,' management of US Remodelers decided it was time to upgrade its existing logo to complement the new website. The new, sleek and stylish US Remodelers logo provides a perfect fit on the new site while keeping the same great name thousands of customers know and love.
Tim Gross, Internet Marketing Manager boasts, "US Remodelers home improvement products will help add value to the inside of your home and create that beautiful living space you always dreamed of!"
Kitchen Cabinet Refacing - Kitchen Cabinet Refacing is an affordable makeover to update your kitchen cabinets. We remove your existing cabinet door and drawer fronts, and then replace them with Wood or Rigid Thermofoil cabinet doors, new countertops, hardware and more! Don't Replace It, Reface It!
Bathroom Refacing - We have the cure for your bathroom blues; a beautiful bathtub liner, shower base liner or wall surround system. These acrylic, custom manufactured liners fit like a glove over unsightly bathtubs, grimy shower bases and outdated tile walls. What's more, products are considerably less expensive compared to the thousands you could spend on replacing your tub or shower.
Home Organization Products - The perfect solution for your storage needs. Upgrade your garage using our revolutionary slat wall garage organization system will transform your garage into usable organized space. Looking to add more storage space inside your home? Let us help you design a custom closet organization system to fit your budget and needs.
Customer support has always been a priority at US Remodelers. The new website makes contacting support a breeze. Customers can reach us through a toll free 1-800 number, or simply fill out the online form to receive a response within 24 hours (usually much less!).
About US Remodelers, Inc.
US Remodelers (http://www.usremodelers.com) was founded in 1997 and is a wholly owned subsidiary of U.S. Home Systems, Inc., a publicly-traded company on the NASDAQ under the symbol USHS. The Company is headquartered in Dallas, Texas and has operations in over 42 major metropolitan areas across the United States. We are engaged in the sales, manufacturing and installation of quality home improvement products including cabinet refacing, bathroom refacing and Home Organization (garages and closet systems). We are presently the third-largest home improvement company in the nation, and with over 200,000 remodeling companies registered as remodeling businesses in the USA, that's quite an accomplishment. US Remodelers markets its products under license agreements with The Home Depot and is the exclusive provider of cabinet refacing products to The Home Depot in the United States.
About U.S. Home Systems, Inc.
U.S. Home Systems, Inc. (http://www.ushomesystems.com) manufactures or procures, designs, sells and installs custom quality specialty home improvement products. The Company's product lines include kitchen cabinet refacing products utilized in kitchen remodeling, bathroom tub liners and wall surround products utilized in bathroom remodeling, and storage organization systems for closets and garages. The Company manufactures its own cabinet refacing products and bathroom cabinetry.
Contact:
Murray Gross, Chairman, CEO and President
U.S. Home Systems, Inc.
214-488-6300 mgross@ushomesystems.com
Source: US Remodelers, Inc.
CONTACT: Murray Gross, Chairman, CEO and President of U.S. Home Systems,
Inc., +1-214-488-6300, mgross@ushomesystems.com
Roke Extends Electronic Warfare Capability with TriQuad System
ROMSEY, England, May 7, 2010-- Roke Manor Research today launches the latest addition to its RESOLVE
electronic warfare suite. The TriQuad system will extend the capability of
Roke's lightweight man-portable solution by providing dismounted soldiers
with a high accuracy DF (direction finding) capability for HF, VHF and UHF
frequencies.
The TriQuad system is comprised of two antenna elements which when
deployed together provide complete coverage between 2MHz to 3GHz.
Alternatively, each antenna can be used separately to suit the frequency
coverage required for the mission profile. This modular approach gives the
end-user the capability to deploy only the equipment required at the time,
whilst still maintaining the potential for full coverage if circumstances
rapidly change.
Gavin O'Connell, EW Operations Manager at Roke, said: "Roke is focused
on maximising flexibility and functionality for troops in the field, and the
development of TriQuad reinforces our position as a leading developer of
electronic warfare equipment. For many dismounted troops the field of
operation changes quickly. Electronic warfare operations in today's battle
space therefore require intuitive, lightweight and rapidly deployable manpack
systems to effectively monitor the diverse tactical environment."
About RESOLVE
RESOLVE is a modular and scalable electronic warfare (EW) system for the
intercept and geolocation of communications. RESOLVE offers users a flexible
EW solution to exploit a wide band of communications. Its modular design
allows a single RESOLVE node to be re-deployed in the field to meet a variety
of mission profiles:
- A light manpack configuration for operations on-the-march
- Tripod mounted for semi-static discreet operations
- On/integrated into mobile platforms for on-the-move operations.
Roke is behind some of the most innovative technology in the defence
sector. Working in collaboration with government agencies, consortia and
industrial partners, it has a long track record of responding to changing
operational requirements by developing and delivering battle-winning defence
solutions. Roke is situated in Hampshire, UK and employs over 450 people with
an annual turnover of approximately GBP45 million.
Colo5 Data Center Activates Jacksonville-Wide Fiber Optic Ring
JACKSONVILLE, Fla., May 7 -- Colo5, LLC a leading provider of broadband services and data center colocation services in Jacksonville, Florida, announced the activation of a custom-built, dedicated, private fiber optic ring throughout metro Jacksonville. The OC-192 connection is a robust fiber optic network transmission line that is an ideal source for those customers who seek redundant, self-healing local access at a substantially reduced cost.
Colo5's Jacksonville fiber optic metro ring connects its data centers to telecom carrier hotels in Jacksonville allowing access to more than 15 independent telecom network providers. These locations include 550 Water Street, 421 West Church Street, and 424 N. Pearl Street. This configuration will add significant value to Colo5's customers in the way of broader access to more carriers and more competitive pricing for access and bandwidth.
"We are extremely excited that our ring is up and that our clients are already benefiting from the enhanced access and attractive cost savings," said Colo5 CEO, Doug Recker. "Our ring differentiates Colo5 from other data centers locally, and we expect that many more Jacksonville customers will realize similar benefits from operating on it," he closed.
About Colo5, LLC
Colo5 is a leading independent data center operator offering secure and hardened colocation and data recovery services to customers nationwide. With over 140,000 square feet of dedicated facilities, Colo5 provides state-of-the-art security, redundant power systems, and a robust fiber network optimized for performance and speed to a host of demanding customers. Headquartered in Jacksonville, Florida, the company's core infrastructure is rated to withstand hurricane category 5 forces to ensure maximum reliability and peace of mind. Colo5's data centers are designed to accommodate the changing power density and cooling needs of the colocation market while maintaining consistently superior levels of customer service and support. For more information on Colo5's data center services, visit http://www.colo5.com.
Source: Colo5
CONTACT: Anna K. Hardy, marketing representative for Colo5, LLC,
+1-904-394-9619
Complete Solution for the Migration of User Settings
COLOGNE, Germany, May 7, 2010-- Profile Migrator(TM) allows a centrally controlled migration of user
settings for arbitrary windows-based applications on clients and servers. The
software supports the migration to Windows 7 and Windows Server 2008 R2, the
virtualization of desktops and servers, the introduction of 64-bit systems,
and version upgrades of common programs (including MS Office, Outlook,
Internet Explorer, Adobe Reader, etc.). The beta version of the program is
now available for download from http://www.profilemigrator.com for a 30-day
evaluation.
Program customizations and individual settings of users are stored in
user profiles. These represent a set of configurations that is stored via
distributed entries in various files. Each application treats user data
differently, however. A standard does not even exist for software
manufacturers themselves. The migration of user profiles is thus a complex
matter and is hardly ever attempted these days.
Enter Profile Migrator(TM), a new software by sepago that migrates user
configurations in operating systems and applications. The program is very
powerful in this respect and can be used for practically all migration
scenarios. That's because Profile Migrator(TM) uses a profile migration
method based on "Application Configuration Sets" (ACS) which has been newly
developed by sepago.
The ACS technology combines the information about the creation of the
user profiles by an application into an XML file. The user settings of the
application are then migrated with this file. For a variety of standard
programs, the necessary ACS files can be downloaded from an online database
and imported into Profile Migrator(TM). Missing ACS files can be created
with the program if required.
Profile Migrator(TM) is thus not restricted to preselected applications.
Administrators can carry out a migration project that has been flexibly
adapted to their needs. The program supports a system changeover to Windows 7
or Windows Server 2008 R2, the introduction of 64-bit systems, the
virtualization of desktops and servers, and version upgrades of common
applications such as MS Office.
An intuitive graphical user interface (GUI) permits program operation and
the execution of the profile migration in three steps: 1. Selection of the
profiles, 2. Selection of the applications, 3. Check of the settings and
start of the profile migration. As only selected application data is
migrated, the migration simultaneously serves as a profile cleanup.
Profile Migrator(TM) can as of now be downloaded from http://www.profilemigrator.com as a beta version and can be evaluated free
for 30 days. All settings made in the test version can be saved and can later
be applied to the production environment with the full version. Profile
Migrator(TM) Beta processes server-stored (roaming) profiles and Citrix UPM
profiles. The full version will also permit the migration of local profiles.
Migration of user profiles saves follow-on cost and increases the
acceptance of IT innovation
Without the transfer of their personal settings, users experience their
new desktop after a migration as a nuisance. Templates, standard formatting,
signatures, settings on file locations, shortcuts, macros and add-ins,
background images, skins, font sizes or settings for the toolbar are no
longer present. The reconfiguration of these settings, which simplify work
and lend a motivating "look & feel" to the workplace, represents lost
productive work time. Often users need additional help from the user help
desk for this. This results in significant follow-on cost from a migration.
On the product website http://www.profilemigrator.com, we have provided
an ROI calculator that highlights these hidden costs of a migration. After
entering the individual parameters, a significant savings potential and a
convincing Return on Investment (ROI) emerge. In an example calculation for
organizations with 2,500 users, this amounts to around 120,000 euros - a
relevant savings potential in times of tight budgets and continuously
increasing competition.
But even the non-pecuniary perspective is clearly in favor of migrating
user profiles. Retaining settings is a real service that ensures user
satisfaction and contributes to a fundamental increase in the acceptance of
innovation in IT. For the first time, Profile Migrator(TM) creates the
opportunity to migrate user settings for arbitrary windows-based
applications. This allows a system/version update to be carried out in a
cost-efficient and user-friendly way.
About sepago
sepago GmbH, based in Cologne (Germany), are specialists for application
provisioning and automation in complex IT environments. As a Citrix Platinum,
Microsoft Gold und VMware Enterprise Partner, sepago offer services in the
areas of consulting and operation support at the highest level. The business
unit Research and Development develops future-oriented software solutions
based on special market insight from the consultancy business. sepago have
become known internationally as the creators of the Citrix User Profile
Manager. Further information on the company is available online under http://www.sepago.com. Under blogs.sepago.de, sepago developers and
consultants discuss current IT technology topics.
Press Contact
Carsten Brueggerhoff
Managing Director
Phone: +49-221-8019395-0
Email: cb@sepago.de
eWayDirect Founder and CEO Neil Rosen in Upcoming Chatter Marketing Thought Leadership Series
Freewill Opt-In episode of Chatter Marketing: Tuesdays at Two to air on May 11, 2010.
SOUTHPORT, Conn., May 7 -- eWayDirect's Chatter Marketing: Tuesdays at Two thought leadership series continues at 2pm on May 11th with eWayDirect's founder and CEO Neil Rosen joining series host Jeannette Cezanne in an episode titled Freewill Opt-In. eWayDirect is best known for its industry-leading integrated emarketing platform, Direct|Connect 4.0.
All emarketers know the importance of adhering to CAN-SPAM regulations. But what does freewill opt-in really mean? Come and find out as Neil Rosen takes us through the philosophy and practicality of best emarketing practices.
Chatter Marketing: Tuesdays at Two is a free weekly 10-minute thought leadership series that promises participants "something you can do in the next five minutes to improve your emarketing efforts," says Cezanne. "Everyone can find something to use, immediately and practically. But I also try to not take myself or my guests too seriously: you'll find a laugh or two as well."
Past episodes have featured tips on social media marketing, acquisitions, email marketing, SEO marketing, compliance, and PPC marketing. Chatter Marketing: Tuesdays at Two joins eWayDirect's blog in bringing the latest in thought leadership to the emarketing community.
Direct|Connect 4.0, the only platform on the market that integrates email marketing, viral marketing, desktop delivery, website reengagement, and social media in a single solution. The platform is changing the way marketers interact with prospects and customers online.
About the company:
eWayDirect, Inc., is an integrated emarketing company offering Direct|Connect 4.0, a single integrated platform that combines world-class email marketing, website reengagement, viral marketing, social networks, and desktop delivery with the ability to utilize all facets in an integrated strategy, connecting email with social communities and social media with search marketing and direct mail capabilities. Learn more about eWayDirect at http://www.ewaydirect.com/ or call 203-254-0404 to schedule a demo today!
Source: eWayDirect, Inc.
CONTACT: Belinda Banks of SSPR, +1-609-750-9110, Belinda@sspr.com, for
eWayDirect, Inc.