Unicorn Media to Provide Global Live Broadcast of the 2nd Annual Streamy Awards
Unicorn's Media-as-a-Service(TM) solution provides comprehensive video platform for ground-breaking event.
TEMPE, Ariz., April 8 -- Unicorn Media, Inc. has announced that they will provide their Media-as-a-Service(TM) solution to power both the live and video-on-demand (VOD) broadcast of the 2010 Streamy Awards, the first and most prestigious live, envelope-opening awards ceremony on the web, devoted to honoring excellence in original web programming and those who create it.
As the Media Services Partner for The Streamy Awards, Unicorn's video workflow solutions will provide fast and efficient media management tools to upload content, transcode at multiple bitrates and support 3rd party ad integration for monetization. Unicorn's customizable player supports live and VOD viewing, embed/share functionality and seamless integration with 3rd party services. For the Streamy's, Unicorn is integrating with PlyMedia for multiple language subtitling in support of a global viewing audience. Unicorn's dynamic media synchronization technology will also enable the management of live and VOD iPhone streaming. By leveraging Unicorn Media's adaptive streaming capabilities, The Streamy Awards will provide its global audience with a high-quality viewing experience - optimizing stream delivery through profiles that allow the player to adjust according to the viewers' unique network and hardware resources regardless of device.
In addition to a cost-effective, quality viewing experience, Unicorn Media will also provide The Streamy Awards team with real-time cloud analytics tools to give them access to key data points such as video reach, content consumption, domain, or geography - all within seconds of each ad hoc query. The Streamy Awards will have the unique ability to analyze content performance, end-user behavior, revenue generation, and delivery cost no matter where or when the popular award show is viewed. By providing actionable information, Unicorn Media customers are given the ability to make important business decisions, on-the-fly, improving revenue generation capabilities.
"As a live online entertainment property, our choice of media services partner is crucial to the success of the show," said Brady Brim-DeForest, executive producer of The Streamy Awards. "Unicorn Media's world-class expertise in content delivery and live broadcast ensure that The Streamy Awards will be delivered to its audience no matter how or where they're watching. Their flexible, robust platform has enabled us to deliver on our vision for the best possible viewing experience for the 2010 Streamy Awards."
"The Streamy's is a great showcase for the power of online broadcasting, and we are excited to be part of it. The viewer experience we can provide through our Media-as-a-Service(TM) solution gives The Streamy's audience a high-quality, front-row seat, and our analytics tools will give the producers valuable real-time insight into that audience for the first time," says Bill Rinehart, Chairman and CEO, Unicorn Media.
About Unicorn Media, Inc.
Unicorn Media, Inc. has developed groundbreaking video workflow solutions that change the way content owners deliver their media assets online. With a focus on publisher profitability, we lower the costs of video management and improve revenue generation capabilities through actionable real-time information. Our flexible Media-as-a-Service(TM) architecture enables Unicorn Media customers to choose the services that best suit their needs through our comprehensive video platform or by augmenting their existing system with any of our individual components. With real-time cloud analytics for understanding audiences and dynamic media synchronization for delivering content to any online destination or Internet-connected device, Unicorn Media has revolutionized the process for running a profitable online media property. Founded by Limelight Networks founding CEO, Bill Rinehart, and headquartered in Tempe, AZ, privately held Unicorn Media, Inc. has offices in Los Angeles, San Francisco, Chicago and London. For additional information, please visit: http://www.unicornmedia.com/
About The Streamy Awards
Presented by the International Academy of Web Television, The Streamy Awards recognize excellence in global web television programming for the broadband distribution across 35 creative categories, from acting and directing, to editing and special effects. Members of the International Academy of Web Television review shows submitted through a free, public submission process and vote on the final nominees and winners for each category. The Audience Choice Award for Best Web Television Series is selected by members of the public. Winners of the 2nd Annual Streamy Awards will be announced at the Streamy Awards Ceremony on April 11, 2010 at the Orpheum Theatre in Los Angeles. The Streamy Craft Award winners will be announced at a separate ceremony on April 7, 2010 at the Barnsdall Art Center in Hollywood. Founded in 2009, the Streamy Awards are co-hosted by a consortium of new media companies including Tubefilter News and NewTeeVee, and are produced by Tubefilter, Inc. For more information, visit http://www.streamys.org, follow @streamyawards on Twitter and become a fan at http://www.facebook.com/streamys.
Source: Unicorn Media, Inc.
CONTACT: Jane Gordon of Gordon Creative Associates, +1-602-541-5040, or
jane@unicornmedia.com, for Unicorn Media, Inc.
Conviva and Adobe Form Strategic Alliance to Further Enhance Viewer Experiences on the Flash Platform
Companies Collaborate to Improve Video Quality for Online Experiences
SAN MATEO and SAN JOSE, Calif., April 8 -- Conviva, Inc., an online video solutions provider, and Adobe Systems Incorporated (NASDAQ: ADBE), today announced that the two companies have entered into a strategic alliance to make it easier for content companies to deliver the highest quality online video experience to viewers worldwide. This first-of-its-kind integrated solution brings together the Adobe ® Flash® Platform with Conviva's intelligent streaming technology for scaleable, high definition live and on-demand content. As part of the alliance, both companies will collaborate to provide content owners with insights on viewer experiences, and optimize audience engagement to maximize their advertising costs for video. Using Conviva's media control platform, content providers that leverage the Adobe Flash Platform can measure audience trends in real time, and are able to set policies that proactively take action on precise traffic, viewing and video delivery patterns, thus driving the best possible online user experience.
Seventy-five percent of online videos worldwide are viewed using Adobe Flash technology, making it the number one format for viewing video on the web(1). By leveraging the real-time data that Conviva delivers on a global scale, content providers utilizing the Flash Platform can optimize the user's online viewing experience, as it relates to bandwidth constraints and resource fluctuations, for situations when a large number of online viewers are seeking popular content simultaneously.
"At Adobe, we are committed to developing solutions that empower our customers to deliver the most engaging online video experiences," said Doug Mack, vice president and general manager of Digital Imaging and Rich Media Solutions at Adobe. "Quality drives viewing time and revenue for media companies, so it is a top priority for us and for our customers. Our collaboration with Conviva enables media companies to gain instantaneous insights about online viewing and detect and respond to instances of poor video quality."
Joint Collaboration
Adobe and Conviva's collaboration will enable content partners, online video platform partners and developers to take full advantage of real-time audience data processing to create new innovations leveraging the Flash Platform for online video delivery. The two companies have collaborated on a number of technical initiatives including video player integration and delivery platform protocol support. Both RTMP streaming and Adobe's new HTTP Dynamic Streaming format will be supported. In addition, Conviva will support Adobe's Open Source Media Framework (OSMF), an open software framework for building feature-rich video players based on the Adobe Flash platform, thereby allowing content owners the ability to immediately activate Conviva services.
"Conviva and Adobe are passionate about helping media and enterprise companies deliver the highest quality online video to their customers," said Darren Feher, president and CEO, Conviva. "We believe the combination of our solution with the Adobe Flash Platform will help drive greater viewer engagement by eliminating the frustration associated with video that rebuffers, stutters or is extremely choppy. Together, Adobe and Conviva can achieve our shared goal of making sure users enjoy the best video viewing experience possible."
(1) December 2009 data from independent research firm comScore.
About Adobe Flash Platform
The Adobe Flash Platform is the leading Web design and development platform for creating expressive applications, content, and video that run consistently across operating systems and devices and reach more than 98 percent of Internet-enabled desktops. Major broadcasters, gaming and media companies including Disney.com, MLB.com, DIRECTV and others rely on the Adobe Flash Platform for delivering video on the Web and the platform powers social network sites such as YouTube and MySpace. For more information about the Adobe Flash Platform including the Flash Media Server product line visit http://www.adobe.com/flashplatform.
About Adobe Systems Incorporated
Adobe revolutionizes how the world engages with ideas and information - anytime, anywhere and through any medium. For more information, visit http://www.adobe.com.
About Conviva
Conviva is transforming the online video experience by eliminating the causes of choppy, unpredictable viewing. Starting with real-time audience instrumentation, Conviva's intelligent video platform empowers content publishers by automating both dynamic bit rate adjustment and the management of multiple distribution networks to optimize the experience and cost of large scale video businesses. Great content brands rely on Conviva to deliver the best quality video without impacting their profit margins.
IBM Signs Six-Year IT Services Agreement with Nordea
STOCKHOLM, April 8 -- IBM (NYSE:IBM) and Nordea (Nasdaq OMX: NDA SEK), the leading bank in the Nordic region, today announced a new six-year IT services agreement that runs through 2015. The new agreement succeeds a 10-year contract signed in 2003.
IBM will provide a flexible solution that supports the overall strategic direction of the bank. The agreement covers -- with updates to the original agreement -- IT infrastructure and operations services for Nordea in the Nordic countries. This will include mainframes, mid-range servers, PCs, local area network and helpdesk services. The contract also enables utilization of new emerging technologies such as Cloud computing.
Under the agreement, Nordea will benefit from improved flexibility and transparency as well as enhanced, more resilient infrastructure. Nordea will also be able to further leverage IBM's global leadership in technology and innovation with access to IBM's rich assets across research, consulting, software, system integration and global delivery.
CONTACT: Anders Hermansson, External Communications Manager, IBM Sweden,
anders.hermansson@se.ibm.com, +46 70 793 37 55; or Tara Sucato, Media
Relations, IBM U.S., tjsucato@us.ibm.com, +1-917-472-3701
City of Ferndale Selects Elster's evolution(TM) Smart Metering Solution to Enhance Water Conservation and Customer Service
FERNDALE, Mich. and OCALA, Fla., April 8 -- The City of Ferndale, Michigan and Elster announced today that the City of Ferndale has selected Elster's evolution(TM) Fixed Network (evoNet(TM)) Advanced Metering Infrastructure system to support the city's water conservation measures.
The system-wide AMI implementation and meter upgrade also will include the installation of the innovative new Elster EvoQ4 solid state meter.
"Water conservation has become a critical issue for the entire nation," said Byron Photiades, Ferndale city manager. "Our new Elster evolution system will provide a more complete picture of water consumption, on an hourly basis, which should allow our customers to more efficiently manage their water consumption, and should improve our ability to quickly detect and enable repair of wasteful and expensive leaks in the system."
The evoNet AMI solution will be installed over an 18-month period. The city will replace nearly 10,000 meters on residential, commercial and some industrial accounts, and expects more accurate utility bills for its customer base.
The fixed network system, consisting of an array of evoGate(TM) Central Collectors, will be located strategically throughout the customer's water service area. These central collectors acquire meter readings and relay them on a daily schedule, or on demand, to a customer's office location.
The evoNet AMI system is a fully automated wireless two-way smart metering technology system that allows water utilities to attain on-demand readings, real-time leak detection and tampering or backflow notification. With the evoNet system, utilities can efficiently implement management tools to reduce costs, improve customer service and begin to monitor interval consumption patterns for water.
Ferndale plans to promote conservation through efficient water usage while protecting its revenue stream through its new EvoQ4 meters, which can measure a substantial range of water flow.
"The City of Ferndale has taken a leadership approach in managing its water resources and launching water conservation measures," said Thomas Gwynn, president of Elster AMCO Water. "Elster is looking forward to supporting the city as it implements this cutting edge initiative with our innovative evolution Smart Grid solution."
About the City of Ferndale
The City of Ferndale, centrally located in Southeast Michigan is a gateway to Oakland County. It is located between Eight Mile Road and I696 along Woodward Avenue with easy access to all interstates. The revitalized downtown continues to grow and contains a diverse mix of shops, restaurants, and businesses in a newly streetscaped setting. A number of Fortune 500 companies call Ferndale home. Ferndale is known for affordable, classic mid-west housing in cohesive neighborhoods and residents committed to community involvement. There's good reason why Ferndale's slogan is "Good Neighbors." Ferndale's citizenry get involved in the life of their City, and when constructive change is needed, residents work with elected officials and city staff to bring about change. Part of Oakland County's Mainstreet program, hundreds of residents serve voluntarily on city commissions, committees, and other organizations to help make Ferndale a better place to live.
Elster is one of the world's largest providers of electricity, gas and water meters and related communications, networking and software solutions, which are key components for enabling energy efficiency and conservation. Its products and solutions are widely used by customers in the manual-read meter and Smart Grid markets.
Elster has one of the most extensive installed meter bases in the world, with more than 200 million metering devices deployed over the course of the last 10 years. It sells its products and services in more than 130 countries across electricity, gas, water and multi-utility applications for both residential and commercial and industrial customers.
With a heritage of more than 170 years of providing metering solutions, Elster enjoys a reputation as a leading innovator and has played, and continues to play, an important role in shaping industry standards with respect to performance, reliability, accuracy and functionality.
Elster was acquired by funds advised by CVC Capital Partners in September 2005. In 2008, Elster generated revenues of euro 1.3 billion or $1.9 billion.
Located in Ocala, Florida, Elster AMCO Water is an industry leader in the development and implementation of innovative metering and system solutions and is committed to delivering superior customer service, quality products, solutions and services to the water utility industry.
CONTACT: John Bluth, Elster Corporate Communications, +1-919-250-5425,
john.bluth@elster.com; or Byron Photiades, Director of Public Works of City of
Ferndale, +1-248-549-2869, bphotiades@ferndale-mi.com
- As the Number of Standards for Digital Television Grows, Developing
Terminals Becomes Increasingly Difficult for Manufacturers.
- Programmable Circuits Based on DiBcom's Octopus Platform Provide the
Solution, Especially in the USA, Where a New Standard is Introduced.
- NAB Show 2010
- Las Vegas, 12-15 April 2010
- TeamCast Stand SU6023
DiBcom, the market leader in dedicated components for mobile TV reception,
will be demonstrating its Octopus programmable platform at the NAB Show,
which runs from 12 to 15 April in Las Vegas.
As the United States launches into a new mobile television
venture with the ATSC M/H standard, a "mobile" derivative of the DTT standard
currently used in North America (ATSC), operators face the question of the
business model, just as they have with DVB-H in Europe. DiBcom has used its
experience to develop a flexible platform, called Octopus, which enables
manufacturers to enter the field at reduced risk.
The main problem encountered by mobile television around the
world is the requirement to invest in a network specifically for mobile
transmission. In the United States, the broadcasters think the investment is
worthwhile, as they just agreed to add supplementary transmission equipment
to the network, enabling their channels to be broadcast free to mobiles. The
ATSC-M/H standard makes it possible to upgrade traditional DTT transmitters
for "hybrid" fixed/mobile transmission.
The various standards around the world make the task of
developing terminals very complicated for manufacturers, as current solutions
require a different terminal to be developed for each standard. Leading
terminals such as the very latest "state-of-the-art" smartphones rarely have
an integrated TV tuner because of the fragmentation of standards across the
World.
The revolutionary Octopus circuit offers manufacturers a
flexible solution enabling them develop a single hardware design to meet the
challenge of the proliferation of fixed and mobile TV standards. "Octopus" is
a versatile solution based on a programmable architecture targeting current
and emerging mobile TV standards, at the best price-performance ratio.
"By adding new standards to our Octopus platform, we can offer
our customers the prospect of reaching ever broader markets, meeting their
growth and globalisation needs," comments Yannick Levy, CEO of DiBcom.
At this year's NAB Show in Las Vegas, DiBcom will be
presenting the Octopus programmable platform on the TeamCast stand (SU6023).
About DiBcom
DiBcom is at the heart of Mobile TV. As a fabless
semiconductor company that designs high-performance chipsets, DiBcom enables
low-power mobile TV everywhere. The company's solutions are used in
automotive, PC/peripheral, Set Top Boxes, and mobile phones. Its chipsets are
compliant with the current worldwide Digital Video Broadcast standards DVB-T,
DVB-SH, CMMB, DAB, T-DMB and ISDB-T.
Job Seekers Benefit from Redesigned Job Search Tools
JobsInTheUS, New England's #1 Job Board, puts Job Seekers first with a completely redesigned suite of Job Search Tools - and gives its websites a fresh, clean look.
WESTBROOK, Maine, April 8 -- The JobsInTheUS group of online job boards (JobsInME.com, JobsInNH.com, JobsInVT.com and JobsInRI.com) today released a completely redesigned suite of Job Search Tools that will energize site users' experience and deliver significantly better job search results to their many job seekers.
JobsIntheUS has taken a "job seeker first" approach to its site improvements, putting its redesign efforts into the single most important feature to job seekers - how to easily search for and find the jobs they want.
"Improving the tools with which job seekers search for jobs on our websites is all about enabling job seekers to more easily connect with employers and find the jobs they want," said Sam Eddy, General Manager for JobsInTheUS. "Our core mission is, and always has been, to help Job Seekers be successful in their search for jobs."
JobsInTheUS' redesigned suite of Job Search Tools puts customizable job searching tools literally at the fingertips of job seekers while benefiting employers by enabling their jobs to be found more easily. Eddy emphasized that, "In this economy, especially, we know how important it is for job seekers not to miss a single opportunity."
Eddy added, "Our message of 'real, quality, local jobs' has never been more appropriate as we work with our employers to help them post quality jobs and with our job seekers to help them find the jobs they want."
With these improvements website users can expect:
-- A redesigned Search Bar at the top of every page that allows users to
quickly search for jobs from anywhere on the websites.
-- Exciting, easy-to-use advanced search features that enable job seekers
to customize their job searches for great results.
-- Instructional "help" videos and concise search help that make the
learning process fast and easy and help job seekers get started fast
on their job search.
-- A fresh, clean homepage with two distinct paths, one for job seekers
and one for employers.
"We are very proud of our new look. The new design, with its powerful new Search Tools and easy navigation support our primary goal - to help job seekers and employers connect," said Eddy.
JobsInTheUS has been operating state-specific job websites since 1999 and remains at the forefront of the job board industry through design innovation, fresh marketing techniques and "there-when-you-need-us" customer service.
Source: JobsInTheUS
CONTACT: Sam Eddy, seddy@jobsintheus.com, +1-877-374-1088 ext 2015
Visible Measures Announces Support for HTML5 Video Measurement
New measurement capability extends consistent video content and advertising performance metrics to video consumed on next-generation mobile devices
BOSTON, April 8 -- Visible Measures, the independent third-party measurement firm for Internet video publishers, advertisers, and viral marketers, today announced support for HTML5 video measurement, extending its industry-leading online video performance metrics to provide coverage of video content and ads consumed on next-generation mobile devices, including the Apple® iPad, iPhone®, and iPod® Touch. This first-of-its-kind capability allows digital video publishers and advertisers to receive consistent, standards-compliant video performance metrics regardless of where, or in what format, their video is consumed.
"As our clients look to reach consumers wherever they consume digital video content, HTML5 has become an increasingly important video delivery environment," said Brian Shin, founder and CEO of Visible Measures. "Our mission is to provide today's most innovative video publishers and brand advertisers with comprehensive, actionable performance metrics so they can make digital video investments with confidence. Today we are excited to add HTML5 video measurement alongside our existing measurement capabilities supporting Adobe's dominant Flash technology, Microsoft's emerging Silverlight format, and others."
Visible Measures customers who deploy video content and advertising via HTML5 can now receive the company's complete portfolio of directly measured video performance metrics, including reach, audience engagement, ad performance, content distribution, geolocation, viewer demographics, and more. The patented Visible Measures platform collects data on an anonymous, aggregated basis while providing detailed visibility into audience, content, and ad campaign performance.
"As devices for consuming digital video become more ingrained in the lives of consumers, our industry continues to provide publishers, advertisers, and device-makers with open standards that fuel adoption and innovation," said Bismarck Lepe, co-founder and president of products at Ooyala, a leader in online video publishing and monetization. "Since media buyers depend on third-party metrics providers like Visible Measures to assess ad performance, publishers can now confidently deploy content via HTML5 video knowing that they can continue to deliver consistent, independent performance metrics to their advertiser clients."
"Publishers and advertisers are rapidly embracing HTML5 video experiences to reach valuable audiences on hot new devices such as the Apple iPad," said Jeff Whatcott, senior vice president of marketing at Brightcove, a cloud-based online video platform. "Customers can't realize the business results they are hoping for without consistent performance metrics across their Adobe Flash and HTML5 video experiences, and both Brightcove and Visible Measures share a vision and a passion for making this possible."
To learn more about Visible Measures' support for HTML5 video and other related video delivery technologies, please see http://www.visiblemeasures.com/supported-video-technology or contact Visible Measures at info@visiblemeasures.com.
About Visible Measures
Visible Measures is the independent third-party measurement firm for Internet video publishers, advertisers, and viral marketers. The company's patented approach has been designed from the ground up to meet the unique challenges of measuring Internet video reach and engagement. Visible Measures provides its customers and partners with unprecedented visibility into their online video audiences and how they engage with both content assets and advertising placements. Visible Measures is a member of the Interactive Advertising Bureau's (IAB) Digital Video Committee and the Advertising Research Foundation (ARF). To learn more about Visible Measures and explore its industry-wide data for viral video ads, online film trailers, webisodes, automotive, and more, please visit http://www.visiblemeasures.com/.
Contact:
Visible Measures
Matt Fiorentino
617-482-0222
mfiorentino@visiblemeasures.com
Source: Visible Measures Corp.
CONTACT: Matt Fiorentino of Visible Measures, +1-617-482-0222,
mfiorentino@visiblemeasures.com
Global Crossing Reports GCUK's Fourth Quarter and Full Year 2009 Results
LONDON, April 8, 2010--
Global Crossing Limited (Nasdaq: GLBC), a leading global IP solutions
provider, today announced fourth quarter and full year 2009 financial results
for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK).
Highlights
GCUK generated 78 million pounds of revenue in the fourth quarter and
Operating Income Before Depreciation and Amortization (OIBDA) of 16 million
pounds. (OIBDA is a non-GAAP measure defined and reconciled below.) The
company also reported cash generated from operations of 29 million pounds
before interest payments of 15 million pounds.
"Despite a challenging economic environment, we observed healthy demand
for our robust suite of IP-based services in GCUK," said John Legere, Global
Crossing's chief executive officer. "We see an opportunity to grow the
business and further diversify our customer base in 2010, supported by an
augmented sales force, our continued investment in the products and services
demanded by the marketplace, and our recognized ability to provide a
differentiated customer experience."
Fourth Quarter Results
The results discussed below are prepared in accordance with International
Financial Reporting Standards and presented in U.S. Generally Accepted
Accounting Principles (U.S. GAAP) format. GCUK generated revenue of 78
million pounds, a sequential increase of 3 million pounds, or 4 percent, and
a year-over-year decrease of 4 million pounds, or 4 percent. The sequential
increase in revenue was primarily due to increased sales in the company's
"invest and grow" business - that part of the business focused on serving
enterprise, carrier and government customers excluding wholesale voice -
including an increase in non-recurring fees. The year-over-year decline in
revenue was primarily due to the completion of the Camelot contract in
December 2008, partially offset by growth in other "invest and grow" revenue.
Gross margin was 27 million pounds for the quarter, a 4 million pound
decrease sequentially and year over year. Sequentially, gross margin was
unfavorably impacted by benefits in the third quarter from a 4 million pound
favorable regulatory ruling related to access costs paid in periods prior to
2009 and a 2 million pound non-recurring reduction in property tax charges.
The unfavorable sequential impact of these items was partially offset by
increased revenue. The year-over-year decline in gross margin was principally
due to lower revenue.
Sales, general and administrative expenses (SG&A) were 11 million pounds
for the quarter, compared with 10 million pounds in the prior quarter and 14
million pounds in the fourth quarter of 2008. The year-over-year variance was
primarily due to a decrease in allocated corporate overhead costs.
GCUK's OIBDA for the fourth quarter was 16 million pounds, compared with
20 million pounds in the third quarter of 2009 and 16 million pounds in the
fourth quarter of 2008. The sequential decrease in OIBDA was primarily due to
the non-recurring items benefitting gross margin in the third quarter. Year
over year, lower gross margin was offset by a decrease in allocated corporate
overhead costs.
GCUK recorded a net loss of 2 million pounds for the fourth quarter,
compared with a net loss of 2 million pounds in the third quarter of 2009 and
a net loss of 25 million pounds in the fourth quarter of 2008. The
year-over-year decrease in net loss was primarily due to an unfavorable
foreign exchange impact on net U.S. dollar-denominated debt in the year-ago
period.
Full Year Results
GCUK generated revenue of 309 million pounds in 2009, compared with 323
million pounds for 2008. The year-over-year decline in revenue was primarily
due to the completion of the Camelot contract, which was partially offset by
increases in other "invest and grow" revenue.
Gross margin for 2009 was 106 million pounds, or 34 percent of revenue,
compared with the prior year in which gross margin was 119 million pounds, or
37 percent of revenue. The year-over-year decline in gross margin was
principally due to lower revenue as described above and higher cost of
equipment and professional services costs. These movements were somewhat
offset by lower cost of access and third party maintenance costs.
SG&A was 40 million pounds for the year, compared with 43 million pounds
in the prior year. The year-over-year variance was primarily due to a
decrease in allocated corporate overhead costs.
GCUK's OIBDA for 2009 was 66 million pounds, compared with 76 million
pounds in 2008. The year-over-year decline in OIBDA was principally due to
lower gross margin due to the factors described above, partially offset by a
decrease in allocated corporate overhead costs.
GCUK recorded net income of 5 million pounds for 2009, compared with a
net loss of 30 million pounds in 2008. The year-over-year improvement was
primarily due to an unfavorable foreign exchange impact on net U.S.
dollar-denominated debt in the prior year.
Cash and Liquidity
As of December 31, 2009, GCUK had cash and cash equivalents of 37 million
pounds compared with 26 million pounds at the end of September 30, 2009, and
36 million pounds at the end of December 31, 2008.
GCUK's cash and cash equivalents increased 11 million pounds in the
fourth quarter. Net cash from operating activities during the fourth quarter
totaled 14 million pounds, including cash flow from operating working capital
of 13 million pounds and interest payments of 15 million pounds. During the
quarter, GCUK recorded purchases of property, plant and equipment of 3
million pounds, principal payments on finance leases and other debt of 4
million pounds and proceeds from refinancing a capital lease of 4 million
pounds.
GCUK's cash and cash equivalents increased by 1 million pounds during
2009. Net cash from operating activities during 2009 totaled 18 million
pounds, including operating working capital use of 9 million pounds and
interest payments of 32 million pounds. During 2009, GCUK recorded purchases
of property, plant and equipment of 12 million pounds, principal payments on
finance leases and other debt of 12 million pounds and proceeds from
refinancing a capital lease of 4 million pounds.
During the year, the company also repurchased 7 million pounds of the
Senior Secured Notes, excluding accrued interest. To support this debt
repurchase and other working capital needs, GCUK borrowed 15 million dollars
(approximately 10 million pounds) from GC Impsat.
International Financial Reporting Standards
GCUK's results reported here include audited consolidated financial
results for the year ended December 31, 2008; unaudited consolidated
financial results for the year ended December 31, 2009 and the three months
ended December 31, 2009, September 30, 2009 and December 31, 2008; unaudited
consolidated balance sheet as of December 31, 2009; and audited consolidated
balance sheet as of December 31, 2008, all in accordance with IFRS, as
published by the International Accounting Standards Board (IASB). GCUK's
fourth quarter 2009 and 2008 and third quarter of 2009 results, as well as
those for the full years 2009 and 2008, were included in Global Crossing's
consolidated results previously reported on February 16, 2010, in accordance
with U.S. GAAP and in U.S. dollars.
Non-GAAP Financial Measures
Consistent with the U.S. Securities and Exchange Commission's (SEC's)
Regulation G, the attached tables include a definition of OIBDA, as well as a
reconciliation of such measure to the most directly comparable financial
measure calculated in accordance with IFRS and presented in the US GAAP
reporting format.
Conference Call
Management has scheduled a conference call for Thursday, April 8, 2010,
at 9:00 a.m. EDT/2:00 p.m. BST to discuss GCUK's financial results. The call
may be accessed by dialing +1-212-231-2911 or +44(0)20-8196-2883. Callers
are advised to dial in 15 minutes prior to the 9:00 a.m. EDT start time. The
call will also be Webcast at http://investors.globalcrossing.com/results.cfm.
A replay of the call will be available on Thursday, April 8, 2010,
beginning at 11:00 a.m. EDT/4:00 p.m. BST and will be accessible until
Thursday, April 15, 2010, at 11:00 a.m. EDT/4:00 p.m. BST. To access the
replay, dial +1-402-977-9140 or +1-800-633-8284 and enter reservation number
21463689. UK callers may access the replay by dialing +44(0)87-0000-3081 or
(0)-80-0692-0831 and entering reservation number 21463689.
ABOUT GLOBAL CROSSING (UK) TELECOMMUNICATIONS LIMITED.
Global Crossing UK Telecommunications Limited provides a full range of
managed telecommunications services in a secure environment ideally suited
for IP-based business applications. The company provides managed voice, data,
Internet and e-commerce solutions to a strong and established commercial
customer base, including more than 100 UK government departments, as well as
systems integrators, rail sector customers and major corporate clients. In
addition, Global Crossing UK provides carrier services to national and
international communications service providers.
ABOUT GLOBAL CROSSING
Global Crossing (Nasdaq: GLBC) is a leading global IP and Ethernet
solutions provider with the world's first integrated global IP-based network.
The company offers a full range of data, voice and collaboration services
with an industry leading customer experience to approximately 40 percent of
the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It
delivers converged IP services to more than 700 cities in more than 70
countries around the globe.
Website Access to Company Information
Global Crossing maintains a corporate website at http://www.globalcrossing.com, and you can find additional information about
the company through the Investors pages on that website at http://investors.globalcrossing.com. Global Crossing utilizes its website as
a channel of distribution of important information about the company. Global
Crossing routinely posts financial and other important information regarding
the company and its business, financial condition and operations on the
Investors web pages.
Visitors to the Investors web pages can view and print copies of Global
Crossing's SEC filings, including periodic and current reports on Forms 10-K,
10-Q, 8-K, and in respect of GCUK's Forms 20-F and 6-K, as soon as reasonably
practicable after those filings are made with the SEC. Copies of the charters
for each of the standing committees of Global Crossing's Board of Directors,
its Corporate Governance Guidelines, Ethics Policy, press releases and
analysts presentations are all available through the Investors web pages.
Please note that the information contained on any of Global Crossing's
websites is not incorporated by reference in, or considered to be a part of,
any document unless expressly incorporated by reference therein.
This press release contains statements about expected future events and
financial results that are forward-looking and subject to risks and
uncertainties that could cause the actual results to differ materially,
including: the impact on the business of current global economic conditions
and the tightening in global credit markets; increased competition and
pricing pressures resulting from technology advances and regulatory changes;
competitive disadvantages relative to competitors with superior resources;
the impact on the business of an economic downturn or recession; dependence
on a number of key personnel; the concentration of revenue in a limited
number of customers, and the rights of such customers to terminate their
contracts or to simply cease purchasing services thereunder; the influence of
the company's parent, and possible conflicts of interest of the parent or of
certain of GCUK's directors and officers; our ability to raise capital
through financing activities; exposure to contingent liabilities; and other
risks referenced from time to time in GCUK's filings with the Securities and
Exchange Commission. Global Crossing undertakes no duty to update information
contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contact
Michael Schneider
+1-973-937-0146
Michael.Schneider@globalcrossing.com
Analysts/Investors Contacts
Mark Gottlieb
+1-800-836-0342
glbc@globalcrossing.com
Gino Mathew
United Kingdom
+1-973-937-0133
gino.mathew@globalcrossing.com
IR/PR1
Table 1
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Consolidated Statements of Financial Position
Results below are in pounds sterling in thousands
December 31, December 31,
2009 2008
------------ ------------
(unaudited)
Non-current assets
Intangible assets, net 11,417 11,955
Property, plant and equipment, net 157,526 179,544
Investment in associate 210 178
Retirement benefit asset 468 1,020
Trade and other receivables 33,230 37,006
------- -------
202,851 229,703
------- -------
Current assets
Trade and other receivables 58,125 56,276
Derivative financial instrument - 2,787
Cash and cash equivalents 37,331 36,100
------ ------
95,456 95,163
------- -------
Total assets 298,307 324,866
======= ====== Current liabilities
Trade and other payables (81,085) (81,909)
Senior secured notes (11,819) (7,382)
Deferred revenue (37,313) (38,751)
Provisions (1,281) (1,590)
Obligations under finance leases (7,310) (10,182)
Other debt obligations (285) (740)
-------- --------
(139,093) (140,554)
-------- --------
Non-current liabilities
Trade and other payables (10,830) (335)
Senior secured notes (255,496) (279,546)
Deferred revenue (90,326) (100,694)
Retirement benefit obligation (2,551) (2,880)
Provisions (2,211) (3,786)
Obligations under finance leases (12,262) (14,043)
Other debt obligations (9) (240)
-------- --------
(373,685) (401,524)
-------- --------
Total liabilities (512,778) (542,078)
-------- --------
Net liabilities (214,471) (217,212)
======== =======
Capital and reserves
Equity share capital (101,000 shares
outstanding at 1 pound each) 101 101
Capital reserve 31,271 30,504
Hedging reserve - 2,694
Accumulated deficit (245,843) (250,511)
-------- --------
Total equity (214,471) (217,212)
======== =======
Table 2
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Consolidated Statements of Operations
Results below are in pounds sterling in thousands
Three months ended
------------------
IFRS in IFRS December 31, September 30, December 31,
Reporting Format 2009 2009 2008
------------ ------------- -----------------
(unaudited) (unaudited) (unaudited)
Finance revenue 4,924 4,436
Finance charges (34,311) (34,422)
Net foreign
exchange gain/
(loss) on foreign
currency
borrowings, net 11,009 (28,374)
------ -------
Profit/(loss)
before tax 5,266 (29,413)
Tax charge (598) (432)
------ ------
Profit/(loss) for
the period 4,668 (29,845)
======== =========
Three months ended
IFRS in U.S. GAAP ------------------
Reporting Format December 31, September 30, December 31,
2009 2009 2008
----------- ------------ ------------
(unaudited) (unaudited) (unaudited)
REVENUES 78,126 74,841 81,647
Cost of revenue (excluding
depreciation and
amortization shown
separately below)
Cost of access (23,966) (20,780) (26,058)
Real estate, network and
Operations (11,387) (10,144) (11,568)
Third party maintenance (3,094) (3,417) (3,681)
Cost of equipment and
other sales (13,140) (10,295) (9,954)
------- ------- -------
Total cost of revenue (51,587) (44,636) (51,261)
------- ------- -------
Gross margin 26,539 30,205 30,386
Selling, general and
administrative (10,679) (9,861) (14,143)
Depreciation and amortization (10,657) (10,742) (11,393)
------- ------- -------
OPERATING INCOME 5,203 9,602 4,850
OTHER INCOME (EXPENSE)
Interest expense, net (7,512) (7,047) (7,201)
Other income (expense), net 896 (4,035) (22,761)
------- ------- -------
(LOSS) BEFORE PROVISION
FOR INCOME TAXES (1,413) (1,480) (25,112)
Provision for income taxes (149) (89) (142)
------- ------- -------
NET (LOSS) (1,562) (1,569) (25,254)
======= ======= ======
Year ended
----------
IFRS in U.S. GAAP
Reporting Format December 31, December 31,
2009 2008
------------- ------------
(unaudited) (unaudited)
REVENUES 308,864 322,832
Cost of revenue (excluding
depreciation and amortization
shown separately below)
Cost of access (94,731) (101,092)
Real estate, network and
operations (49,389) (49,409)
Third party maintenance (13,875) (16,577)
Cost of equipment and other sales (44,966) (36,866)
------- -------
Total cost of revenue (202,961) (203,944)
------- -------
Gross margin 105,903 118,888
Selling, general and administrative (39,983) (42,937)
Depreciation and amortization (43,124) (44,699)
------- -------
OPERATING INCOME 22,796 31,252
OTHER INCOME (EXPENSE)
Interest expense, net (29,387) (29,986)
Other income (expense), net 11,857 (30,679)
------- -------
INCOME (LOSS) BEFORE PROVISION
FOR INCOME TAXES 5,266 (29,413)
Provision for income taxes (598) (432)
------- -------
NET INCOME (LOSS) 4,668 (29,845)
======= ======
Note: The classification differences between reporting under IFRS and
U.S. GAAP reporting format are as follows:
Cost of sales:
Under IFRS reporting format, the company includes cost of access, third
party maintenance, customer-specific costs and depreciation on network assets
within cost of sales.
Cost of revenue:
Under U.S. GAAP reporting format, the company includes cost of access,
real estate, network and operations, third party maintenance and cost of
equipment and other sales within cost of revenue.
Foreign currency gains and losses:
Under IFRS reporting format, the company includes foreign currency
gains and losses within operating profit, except for those related to the
senior secured notes and loans from and to related parties, which are
included in net foreign exchange gain/(loss) on foreign currency
borrowings, net. Under U.S. GAAP reporting format, all foreign exchange gains
and losses are included in other income (expense), net.
Table 3
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Consolidated Statements of Cash Flows
Results below are in pounds sterling in thousands
For the year ended
------------------
December 31, December 31,
2009 2008
--------- --------
(unaudited)
Operating activities
Profit/(loss) for the period 4,668 (29,845)
Adjustments for:
Finance costs, net 18,378 58,360
Income tax charges 598 432
Depreciation of property, plant and equipment 35,256 35,466
Amortization of intangible assets 1,803 2,201
Amortization of prepaid connection costs 8,637 9,588
Share based payment expense 767 2,856
Gain on disposal of property, plant and
equipment (19) (11)
Equity (income)/loss for associate (32) 22
Change in provisions (2,098) (1,181)
Change in operating working capital (9,111) 605
Change in other assets and liabilities (8,294) (4,562)
------- --------
Net cash provided by operating activities 18,345 40,869
------- -------
Investing activities
Interest received 1,230 4,438
Proceeds from disposal of property, plant and
equipment 58 12
Purchase of property, plant and equipment (12,000) (21,860)
------- -------
Net cash used in investing activities (10,712) (17,410)
-------- --------
Financing activities
Loans provided by group companies 9,908 -
Repayment of senior secured notes (7,382) (1,158)
Repayment of employee taxes on share-based
payments (1,047) -
Proceeds from sale/leaseback 4,455 -
Repayments of capital elements under finance
leases (11,649) (10,108)
Proceeds from debt obligations - 474
Repayment of capital element of other debt
obligations (687) (521)
------- --------
Net cash used in financing activities (6,402) (11,313)
------- --------
Net increase in cash and cash equivalents 1,231 12,146
Cash and cash equivalents at beginning of
period 36,100 23,954
------ ------
Cash and cash equivalents at end of period 37,331 36,100
======= ====== Non-cash investing activities:
Capital lease and debt obligations incurred 2,542 4,917
====== =====
Table 4
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Summary of Consolidated Revenues
Results below are in pounds sterling in thousands
Three months ended
--------------------------------------------------------
December 31, September 30, December 31,
2009 2009 2008
---------------- ---------------- ----------------
(unaudited) (unaudited) (unaudited)
Revenues:
Enterprise,
carrier data
and indirect
sales channels 76,618 73,379 79,674
Carrier voice 1,383 1,337 1,848
------ ------ ------
Revenues from
third party
customers 78,001 74,716 81,522
Revenues from Global
Crossing group
companies 125 125 125
------ ------ ------
Consolidated revenues 78,126 74,841 81,647
====== ====== =====
Year ended
--------------------------------------------------------
December 31, December 31,
2009 2008
---------------- ---------------
(unaudited)
Revenues:
Enterprise, carrier
data and indirect
sales channels 301,924 316,222
Carrier voice 6,440 6,110
------- -------
Revenues from third
party customers 308,364 322,332
Revenues from Global
Crossing group companies 500 500
------- -------
Consolidated revenues 308,864 322,832
======= =======
Table 5
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Reconciliation of OIBDA to Net (Loss) Income
Results below are in pounds sterling in thousands
Pursuant to the SEC's Regulation G, the following table provides a
reconciliation of OIBDA, which is considered a non-GAAP financial
measure, to net (loss) income under U.S. GAAP reporting format.
OIBDA is defined as operating income before depreciation and
amortization, based upon our IFRS results in U.S. GAAP reporting format
consolidated statements of operations. OIBDA differs from operating income,
in that it excludes depreciation and amortization. Such excluded expenses
primarily reflect the non-cash impacts of historical capital investments, as
opposed to the cash impacts of capital expenditures made in recent periods.
In addition, OIBDA does not give effect to cash used for debt service
requirements and thus does not reflect available funds for reinvestment,
distributions or other discretionary uses.
Management uses OIBDA as an important part of our internal reporting and
planning processes and as a key measure to evaluate profitability and
operating performance, make comparisons between periods, and to make
resource allocation decisions. Management believes that the investment
community uses similar performance measures to compare performance of
competitors in our industry.
There are material limitations to using non-GAAP financial measures. Our
calculation of OIBDA may differ from similarly titled measures used by
other companies, and may not be comparable to those other measures.
Additionally, OIBDA does not include certain significant items such as
depreciation and amortization, interest income, interest expense, income
taxes and other non-operating income or expense items. OIBDA should be
considered in addition to, and not as a substitute for, other measures of
financial performance reported in accordance with GAAP.
Management believes that OIBDA is useful to our investors as it is a
relevant indicator of operating performance, especially in a capital-
intensive industry such as telecommunications. OIBDA provides investors
with an indication of the underlying performance of our everyday business
operations. It excludes the effect of items associated with our
capitalization and tax structures, such as interest income, interest
expense and income taxes, and of other items not associated with our
everyday operations.
Three months ended
------------------
December September December
31, 2009 30, 2009 31, 2008
--------- ---------- ---------
(unaudited) (unaudited) (unaudited)
OIBDA 15,860 20,344 16,243
Depreciation and
amortization (10,657) (10,742) (11,393)
------- ------- -------
Operating income 5,203 9,602 4,850
Interest expense, net (7,512) (7,047) (7,201)
Other income
(expense), net 896 (4,035) (22,761)
Provision for income
taxes (149) (89) (142)
------- ------- --------
Net (loss) income (1,562) (1,569) (25,254)
======= ======= =======
Year ended
------------------
December 31, 2009 December 31, 2008
------------------ -----------------
(unaudited) (unaudited)
OIBDA 65,920 75,951
Depreciation and amortization (43,124) (44,699)
------- -------
Operating income 22,796 31,252
Interest expense, net (29,387) (29,986)
Other income (expense), net 11,857 (30,679)
Provision for income taxes (598) (432)
------- -------
Net (loss) income 4,668 (29,845)
======= ======
Source: Global Crossing
Press Contact , Michael Schneider, +1-973-937-0146, Michael.Schneider@globalcrossing.com, or Analysts/Investors Contacts, Mark Gottlieb, +1-800-836-0342, glbc@globalcrossing.com, or Gino Mathew, United Kingdom , +1-973-937-0133, gino.mathew@globalcrossing.com
Isilon and Front Porch Collaborate to Accelerate Digital Media
New Partnership Delivers Unified Content Management Solution for Entire Digital Media Workflow, Speeding Time-to-Air while Decreasing Operational Expenses
SEATTLE, April 8 -- Isilon® Systems (NASDAQ:ISLN) today announced that it has joined with Front Porch Digital, the global leader in content storage management, to deliver a unified content management solution for every stage of the digital media workflow including, ingest, transcoding, encoding, editing and archive. By combining Isilon scale-out NAS with Front Porch Digital's DIVArchive CSM solution, broadcasters can unify their digital media onto a single, highly scalable, high-performance, shared pool of storage, streamlining content access at every point in its lifecycle to accelerate time-to-air. Using Isilon IQ with DIVArchive enables broadcasters to eliminate disparate content silos and complex system management, increasing productivity, while reducing operating costs.
"In today's evolving media landscape, a wide variety of new delivery mediums are providing broadcasters an unprecedented opportunity to monetize their content and grow their audience," said Dave Polyard, senior vice president strategic sales, Front Porch Digital. "The performance that Isilon products bring to the table, combined with DIVArchive, can help facilitate a multi-modal distribution model and also help eliminate issues related to stranded and displaced content. By combining Isilon scale-out NAS and Front Porch Digital DIVArchive CSM, broadcasters can unify their media assets, cut costs and maximize the value of their content."
Front Porch Digital's DIVArchive manages, moves and secures digital media content throughout its lifecycle, from ingest to archive. When combined with Isilon IQ featuring Isilon's OneFS® operating system software, DIVArchive creates a single, shared storage resource that can scale performance and capacity on-demand, eliminating disparate content silos to streamline data access and accelerate time-to-air. By enabling servers, editing systems and other workflow applications to work together, DIVArchive with Isilon IQ provides a unified content management solution that significantly reduces system management and resource demands, enabling broadcasters to be more productive at less cost.
"Today's leading broadcasters must deliver content on-demand, so they need storage that can deliver performance and capacity in kind," said Leonard Iventosch, vice president of global channels and OEM, Isilon Systems. "By working with Front Porch Digital to combine DIVArchive with Isilon scale-out NAS, we're providing broadcasters with a single content management solution for the entire digital media workflow, enabling them to deliver more content in less time and maximize their revenue opportunity."
Isilon and Front Porch Digital will both be exhibiting at the National Association of Broadcasters (NAB) Show taking place at the Las Vegas Convention Center in Las Vegas, NV, April 10-15. Isilon's booth is number SL4105 and Front Porch's booth is number N5806.
About Front Porch Digital
Front Porch Digital is the global leader in solutions for migrating, managing, and monetizing media content. Front Porch Digital's SAMMA product line performs accelerated migration of media content from vulnerable analog videotape to secure and readily accessible digital storage. Protected by three U.S. patents, the company's DIVArchive content storage management (CSM) solution creates a unified system of digital storage from ingest to archive that is distinguished for superior functionality, scalability, performance and customer satisfaction. In DIVAsolo, Front Porch Digital has combined the two technologies to form a cost-effective, end-to-end system for preserving, managing, and repurposing media content. More information is available at http://www.fpdigital.com
About Isilon Systems
Isilon Systems (NASDAQ:ISLN) is the proven leader in scale-out NAS. Isilon's clustered storage and data management solutions drive unique business value for customers by maximizing the performance of their mission-critical applications, workflows, and processes. Isilon enables enterprises and research organizations worldwide to manage large and rapidly growing amounts of file-based data in a highly scalable, easy-to-manage, and cost-effective way. Information about Isilon can be found at http://www.isilon.com/.
The names of companies mentioned herein are the trademarks of their respective owners.
Source: Isilon Systems
CONTACT: Lucas Welch of Isilon Systems, +1-206-315-7621,
lucas.welch@isilon.com; or James McIntyre of McClenahan Bruer,
+1-503-546-1016, james@mcbru.com, for Isilon Systems
EF Johnson Technologies, Inc. Obtains Two Additional Orders Totaling $6.7 Million from a State Transportation Department
Company's Project 25 compliant mobile radios added to this state department's fleet
IRVING, Texas, April 8 -- EF Johnson Technologies, Inc. (NASDAQ:EFJI) announced today that it has received two additional orders, one valued at $1.8 million and one valued at $4.9 million, from a state transportation department. The orders were placed under a multi-year, state contract vehicle and call for the Company to provide its ES Series of Project 25 compliant mobile radios and accessories. These orders are in addition to the $3.4 million order from this customer announced by the Company in March for the Company's ES Series of Project 25 compliant portable radios and accessories.
"These orders further illustrate the strength of our relationship with this state department," said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. "Both our ES Series portable and mobile radios have been added to the fleet, and we look forward to continuing to offer Project 25 compliant interoperable products to this customer. Features of our ES Series radios include: Project 25 trunked and conventional operation, interoperability with SMARTNET®/SmartZone®, solid construction, and compliance with military specifications for extreme temperatures, vibration, and shock," Jalbert added.
About EF Johnson Technologies, Inc.
Headquartered in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives. The Company's customers include first responders in public safety and public service, the federal government, and industrial organizations. The Company's products are marketed under the EFJohnson, 3e Technologies International, and Transcrypt International names and are Made in America. For more information, visit http://www.efjohnsontechnologies.com/.
Safe Harbor
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward-looking statements due to a number of risk factors including, but not limited to, our ability to repay our bank debt when due, continued access to bank lines of credit, the timing and receipt of orders, the level of demand for the Company's products and services, dependence on continued funding of governmental agency programs, reliance on contract manufacturers, the timely procurement of necessary manufacturing components, software feature development and the implementation of application software, successful integration of the system components, general economic and business conditions, and other risks detailed in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the period ended December 31, 2009 and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
Source: EF Johnson Technologies, Inc.
CONTACT: Jana Ahlfinger Bell, +1-972-819-0700, jbell@efji.com, or Timi
Jackson, +1-972-819-2336, tjackson@efji.com, both of EF Johnson Technologies,
Inc.
- Facebook-Connected Adaptation of #1 Puzzle Game Features
High-Res Full-Screen Play, 48 New Achievements and 1 Million Coins
for In-Game "Boosts"
PopCap Games, maker of some of the world's most popular video games,
today announced that Bejeweled(R) Blitz, the 1-minute social adaptation of
its mega-hit franchise Bejeweled for the Facebook(R) platform, is now
available as a downloadable game for Windows-based PCs. Carrying a suggested
retail price of US$19.95 and available exclusively at http://www.popcap.com/bejeweledblitz/, Bejeweled Blitz PC offers a range of
enhancements to, and advantages over, the free Facebook game, including
full-screen play, dramatically enhanced sound and graphics, dozens of new
achievements and corresponding badges and 1 million coins redeemable for
"Blitz Boosts" - power-ups and other score-stimulating effects.
"Bejeweled Blitz is 10 years of the most popular puzzle game of the
century packed into a minute-long experience," said Jason Kapalka, co-founder
and chief creative officer at PopCap Games. "It's the purest form of
Bejeweled that we've ever concocted, factoring in everything PopCap has
learned from a decade of development and feedback from millions of fans. By
adding social and competitive elements and a time limit, we've distilled
Bejeweled down to its essence with Bejeweled Blitz, and the new PC
downloadable version makes the game available in the largest, most vibrant
form factor yet by far. For some players this could be the version that takes
their Bejeweled Blitz game to new heights."
In the new Bejeweled Blitz PC, players can connect Facebook from the
game's main menu and play the game from their PC without having to open a Web
browser. High scores and corresponding star medals can be published to
players' Facebook pages when they are logged in to Facebook.
Bejeweled Blitz, already available for Web and as an update to Bejeweled
2 on iPhone, has grown dramatically since its original launch on Facebook a
year ago, now attracting roughly 11 million active users each month and more
than 25 million users overall. Even more amazing, about 3.5 million unique
users play Bejeweled Blitz every day, playing more than 100 million sessions
per day and destroying half a billion gems per hour!
About PopCap
PopCap Games (http://www.popcap.com) is the leading multi-platform
provider of fun, easy-to-learn, captivating video games that appeal to
everyone from age 6 to 106. Based in Seattle, Washington, PopCap was founded
in 2000 and has a worldwide staff of over 260 people in Seattle, San
Francisco, Chicago, Vancouver, B.C., Dublin, and Shanghai. Its games have
been downloaded more than 1 billion times by consumers worldwide, and its
flagship title, Bejeweled(R), has sold more than 50 million units across all
platforms. Constantly acclaimed by consumers and critics, PopCap's games are
played on the Web, social platforms, desktop computers, myriad mobile devices
(cell phones, smartphones, PDAs, Pocket PCs, iPod, iPhone, iPad and more),
popular game consoles (such as Xbox and DS), and in-flight entertainment
systems. PopCap is the only "casual games" developer with leading market
share across all major sales channels, including social, Web portals, retail
stores, mobile phones, MP3 players and game devices.
The PopCap logo and all other trademarks used herein that are listed at http://www.popcap.com/trademarks are owned by PopCap Games, Inc. or its licensors
and may be registered in some countries. Facebook(R) is a registered
trademark of Facebook Inc. Other company and product names used herein may be
trademarks of their respective owners and are used for the benefit of those
owners.
PR Contact:
Ember Wardrop
ember@popcap.com
+353-1-646-8164
Source: PopCap Games International
PR Contact: Ember Wardrop, ember@popcap.com, +353-1-646-8164
Latest phase of strategic plan promotes healthy development of online video copyright market
BEIJING, April 8 -- Youku, China's leading Internet video platform, today released its Partnership Plan 3.0, a strategic map aimed at rationalizing and developing a healthy online copyright market for China.
More than 200 representatives from government agencies, industry associations, traditional media outlets, production houses, distributors, and other video sites attended the event marking the unveiling of the latest phase of Youku's partnership strategy.
The plan highlighted achievements in the Partnership Plan so far. Domestically, Youku has already invested over 100 million renminbi in domestic copyright licensing, and has obtained 80 percent of available licenses for domestic television series. Youku has licensed more than 10,000 episodes in 2010.
Partnership Plan 1.0 was launched on June 11, 2008, and sealed licensing deals with over 100 offline media partners. November 11 of that same year saw the launch of Partnership Plan 2.0, which resulted in strategic partnerships with over 300 media outlets and 1500 separate production studios involved in producing television dramas.
In the course of three years, Youku has established strategic partnerships for licensing and/or content production with 43 domestic television stations. Youku has effectively created an on-demand Internet television that covers 108 popular entertainment programs.
Youku has also increasingly become the online partner of choice for entertainment industry players, from studios to agencies to stars, who have set up Official Channels on Youku to interact directly with fans.
International Partnerships
Youku also announced it has reached an agreement with the South Korean television station SBS to license all TV series produced by the network, as well as any produced in the coming three years. Roughly 200 series, with more than 6000 total episodes, fall under the deal. The deal makes Youku China's largest platform for Korean television shows, which are enormously popular with China's online video viewers.
In addition to the partnership with SBS, Youku has also established strategic partnerships with other major Korean stations, including KBS and MBC. Between them, these account for over 1000 episodes.
Animation and Music Videos
Youku has also invested heavily in music and cartoon copyrights. Fully one-half of all available music videos on the market in China are now under license from Youku. This includes tens of thousands of videos from dozens of prestigious record companies, including Sony, EMI China/Typhoon, EE Media, Avex, Ocean Buterflies International, Seed, Taihe Rye Music, and Rock Records, which will all be accessible soon on Youku.
Youku has also partnered with major domestic animation houses for series including the runaway hit series Pleasant Goat and Big Big Wolf and Armored Warrior.
Advances in copyright protection
In January, Youku launched China's first digital fingerprinting system for identifying and filtering out infringing content, an automated solution that prevents upload of content for which no license is held.
Also in January, Youku joined the China Network Copyright Working Committee, the first official industry group targeting Internet copyright issues in China. And in late March, Youku CEO Victor Koo attended the Internet Film and Television Development 2nd CEO Roundtable to initiate work on guidelines for film and television copyright protection and cooperation.
In February, Youku partnered with other Chinese Internet video sites to create China's largest video webcast network, covering 80 percent of the Chinese online video market. This joint webcast network was inspired by a similar model among cable television companies, and aims at creating a platform that spans media, audiences, devices, and distribution channels.
Youku founder and CEO Victor Koo said he was proud of Youku's pioneering role in promoting media partnerships in the online video market. "Copyrighted content has been Youku's strategic emphasis since 2007, the year the company initiated cooperation with television stations. Youku started buying classic movies and television series from distributors in 2008, and from 2009 to 2010 we have been focusing on popular television dramas."
Quality copyrighted content broadcast on more platforms will increase overall viewership and ratings, said Koo. "We call for a new business model based on an open attitude, an orientation toward mutually beneficial cooperation, and a more rational way of thinking," Koo said.
"Youku has adopted a comprehensive approach that begins with creating the conditions for the sound development of this still new industry, and that elevates the industry's influence in different aspects of branding, marketing, and user experience," Koo explained.
Liu Dele, Youku's CFO and senior vice president, delivered a keynote speech. "Youku is not only the leading company in the online video market, but is also an enterprise with a high degree of social responsibility. We believe it is our mission to help create an industry chain built on integrity, openness, and mutual benefit. We believe this will create value for content producers, distributers, advertisers, and users, and will maximize the added value of copyright. And we believe that building such a chain will be of benefit to the Chinese Internet-one of China's strategic industries. Youku aims to be a competitive Internet company both domestically and internationally."
For additional information, please contact:
Youku
Jean Shao
Manager of International Public Relations
Tel: +86-10-5885-1881 x7128
Email: shaodan@youku.com
Source: Youku
CONTACT: Jean Shao, Manager of International Public Relations, Youku,
+86-10-5885-1881 x7128, or shaodan@youku.com
Akamai Delivers High Quality Experiences to iPad for CondeNast, National Geographic and NPR
- Enables high-quality, adaptive bitrate video delivery to iPad applications and HTML5 browser-based players, and enables application acceleration - View the demo site from your iPad at ipad.akamai.com
CAMBRIDGE, Mass., April 8 -- Akamai Technologies, Inc. (NASDAQ:AKAM), the leader in powering video, dynamic transactions and enterprise applications online, today announced that Akamai supports high quality online experiences to the iPad. Akamai's HD Network enables adaptive bitrate video streaming for the iPad, in addition to support for the iPhone and iPod touch, available since the June 2009 launch of iPhone 3.0 OS. Akamai has been working closely with a number of customers, including CondeNast, National Geographic and NPR, to prepare their content and applications for the launch of iPad.
"Content will be accessed on millions of mobile devices and hundreds of device types moving forward, and the iPad introduces significant opportunity for content distribution with its large form factor, allowing people to make more of their Internet experiences portable, whether live video or Internet browsing," said Robert Hughes, Executive Vice President, Global Sales, Services and Marketing at Akamai. "The combination of Akamai's HD Network and Site Solutions helps our customers provide a consumer experience that is as available and high performing as on their PC. Delivering HD quality, live and on-demand content and applications to the iPad supports Akamai's goal of continuing to transform the way consumers view video and control their experiences while mobile."
Conde Nast
Conde Nast's Epicurious and GQ magazine iPad and iPhone applications will be delivered across the Akamai platform. Both applications have been optimized for the iPad and feature new functionalities, making the experience more dynamic and customized for the user. Given these new features, Conde Nast is leveraging Akamai's Dynamic Site Accelerator to accelerate the dynamic elements of the applications. By leveraging Akamai's services for delivering its content to the iPad, all GQ content is delivered and stored in the cloud minimizing the need for origin severs and data center dependencies, which allows them to reduce costs and provide a faster user experience with greater stability.
National Geographic
National Geographic is listed on Apple's "iPad ready" website for http://www.nationalgeographic.com. Leveraging the Akamai HD Network to ensure that viewers have a high quality, high performing video experience online, National Geographic is delivering vibrant content to the iPad, creating an innovative new consumer experience for nationalgeographic.com
NPR
NPR released an iPad application and has developed an iPad-optimized version of http://www.npr.org. NPR has been delivering content to mobile devices, including the iPhone, since August 2009.
Akamai HD Network
Akamai's HD Network was developed with the goal of delivering the highest quality experience at broadcast audience scale(1) across the industry's most popular devices, platforms and runtimes, and enabling large-scale broadcasters, film distributors and publishers to increase audience engagement through higher quality video playback and interactivity. Akamai's HD Network was further designed to allow content owners to deliver live and on-demand content while leveraging an infrastructure of tens of thousands of HTTP servers deployed globally in ISP networks.
Akamai HD for iPad, iPhone and iPod touch supports adaptive bitrate streaming, a feature that automatically adapts to a user's fluctuating Internet conditions to enable smooth playback and improved viewing experiences - a key element to ensuring high-quality video and audio playback on mobile devices. Whether a user is connecting over Edge, Wifi or 3G, if they are using adaptive streaming, they will experience rapid video start-up times and smooth playback because playback can be optimized to begin immediately at a lower bitrate then switch to higher bitrates as conditions allow.
View the demo site from your iPad at ipad.akamai.com.
The Akamai Difference
Akamai® provides market-leading managed services for powering video, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most recognized brands across diverse industries. The alternative to centralized Web infrastructure, Akamai's global network of tens of thousands of distributed servers provides the scale, reliability, insight and performance for businesses to succeed online. Akamai has transformed the Internet into a more viable place to inform, entertain, advertise, interact, and collaborate. To experience The Akamai Difference, visit http://www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
This press release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the effects of any attempts to intentionally disrupt our services or network by hackers or others, changes in Apple's or Akamai's technologies such that they are no longer inter-operable, lack of market acceptance of the services and technology we offer, failure of our services to operate as expected, a failure of Akamai's network infrastructure, and other factors that are discussed in Akamai's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
(1)Defined as the average Nielsen audience
Contacts:
Jennifer Donovan Noelle Faris
Media Relations Investor Relations
650-627-5395 617-444-4676
jdonovan@akamai.comnfaris@akamai.com
CONTACT: Jennifer Donovan, Media Relations, +1-650-627-5395,
jdonovan@akamai.com or Noelle Faris, Investor Relations, +1-617-444-4676,
nfaris@akamai.com
STMicroelectronics' Evaluation Platform Lets Customers Simulate Analog and Power ICs
Cadence OrCAD PSpice Platform Offers Robust Simulation Capabilities for ST's SMPS@eDesign Studio IC Evaluation Tool
GENEVA, April 8 -- STMicroelectronics (NYSE:STM), today announced the development of a new evaluation platform allowing customers to perform simulations of ST's leading-edge analog and power chips. The new IC evaluation platform enables Cadence® OrCAD®, PSpice® a robust and widely diffused technology for the simulation of ST's analog and power product families.
ST's analog products are already supported by ST's SMPS@eDesign Studio free online tool, which was conceived specifically to help the design and simulation of SMPS (Switch-Mode Power Supply) systems. From now on, designs obtained via SMPS@eDesign Studio can be more accurately simulated within the Cadence OrCAD platform using PSpice. PSpice OrCAD is a full-featured, native analog and mixed-signal circuit simulator that is considered the de-facto industry-standard Spice-based simulator for system design.
A free version of the Cadence technology will be available on download at http://www.cadence.com for analysis of ST products within specific circuit test-benches, which can be obtained through ST's SMPS@eDesign Studio. The provision of advanced design tools within SMPS@eDesign Studio is part of ST's 'Sense and Power' campaign, which aims to provide increased design support to engineers
"OrCAD technology is a great way to enable our customers to test drive ST's analog and power products," said Carmelo Papa, Executive Vice President and General Manager, Industrial and Multisegment Sector, STMicroelectronics. "Evaluating our chips with the Cadence software will strengthen our customers' confidence to have received the highest quality ICs needed for their success."
The first ST families available in PSpice via the OrCAD technology from Cadence will be DC-DC converters and ViPER monolithic ICs for SMPS; eventually it will include nearly all ST's extensive portfolio of analog and power products.
About STMicroelectronics
STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2009, the Company's net revenues were $8.51 billion. Further information on ST can be found at http://www.st.com.
Source: STMicroelectronics
CONTACT: Michael Markowitz, of STMicroelectronics, +1-781-591-0354,
michael.markowitz@st.com
Polaris International Holdings, Inc. Announces November and December 2009 Financial Report for Staff IS (Fiscal 2010-Q1)
LOS ANGELES, April 8 -- Polaris International Holdings, Inc. (Pink Sheets: PIHN), a global IT outsourcing services company with a U.S.-Japan dual market base today announced unaudited financial results for the two month period ending December 31, 2009 for Staff IS Co., Ltd., its wholly-owned subsidiary in Japan.
Staff IS commenced operating as a subsidiary of Polaris on November 1, 2009. As a result, the unaudited consolidated financial statements of the Fiscal 2010 1st Quarter ended December 31, 2009 released on March 31, 2010 only included Staff IS financial statements for the two month period ending December 31, 2009.
The Company posted its unaudited consolidated financial report for the period ended December 31, 2009 on the Pink Sheets OTC Disclosure and News Service. The full report can be viewed by visiting the Pink Sheets website at http://www.pinksheets.com and entering the company's stock trading symbol in the appropriate field.
Staff IS Co., Ltd. - Financial Summary for the Two Month Period Ending December 31, 2009
On November 1, 2009, Polaris carried over total assets of $799,425 of which $251,694 was cash and $547,731 was accounts receivable due from the previous owner of Staff IS Co. In addition, Polaris also carried over total liabilities of $344,465 of which $162,400 was accounts payable, $65,384 represented outstanding accounts payable and $116,682 was in the form of a short-term loan payable from the previous owner of Staff IS.
The IT division of Staff IS in Japan generated $722,254 in revenues with $84,078 EBITDA (Earnings Before Taxes, Depreciation and Amortization) for the two month period ending December 31, 2009. Polaris' total consolidated quarterly financial statements ending December 31, 2009 after deducting all expenses resulted in a loss of $27,899.
To sign up to receive information by email directly from Polaris International Holdings, Inc. when new press releases or other information is disclosed, please visit http://www.polaris-int.com.
About Polaris International Holdings, Inc.:
Polaris International Holdings, Inc., a Delaware corporation with offices in Huntington Beach and Los Angeles, California and in Tokyo, Japan is in the business of supplying services for Network Infrastructure, ASP and Cloud Computing Solutions. Its management team is composed of seasoned international business professionals with over 60 years of expertise in the technology, media, entertainment and investment industries. POLARIS with both a U.S. and Japan market base is well positioned for the global evolution occurring in IT services and is meeting this evolution with its progressive collection of 'Cloud Solutions and Services' for its corporate Fortune 100 clients. POLARIS' near term plan is to build out its 'Global IT Services' through acquisitions and/or strategic partnerships. The Company is currently engaged in due diligence with several international businesses which, if successfully completed, will significantly expand its territory from Japan to include other rapidly growing Asian and North American markets. http://www.polaris-int.com
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially form the expected results.
For all Inquiries: Please contact Chuck Cibulka, Stock Services LLC. at 858-213-4153. info@polaris-int.com
Source: Polaris International Holdings, Inc.
CONTACT: Chuck Cibulka of Stock Services LLC., +1-858-213-4153,
info@polaris-int.com, for Polaris International Holdings, Inc.
Newport Digital Technologies, Inc. to Exhibit at InfoComm 2010 - June 5th - 11th at the Las Vegas Convention Center in Las Vegas, Nevada
NEWPORT BEACH, Calif., April 8 -- Newport Digital Technologies, Inc. (BULLETIN BOARD: NPDT) (NPDT) announced today the company will exhibit at InfoComm 2010 conference and exhibition, on June 5th - 11th at the Las Vegas Convention Center, in Las Vegas, Nevada. InfoComm is the leading trade show for industry professionals in the audiovisual, information communications and systems integration industries.
NPDT will showcase the latest technologies for wireless LED Digital Signage for commercial, municipal and industrial applications. In addition, NPDT's leading-edge N37B mobile computing device will be exhibited, offering a secure protocol RFID chip and a total solution for applications in supply chain/logistics for manufacturing, retail packaging/consumer goods, waste management, and pharmaceutical/healthcare.
"Exhibiting at InfoComm 2010 will provide NPDT with enormous exposure to more than 32,000 professionals at the most comprehensive information communications marketplace in the world," said NPDT CEO, Michael Lutton. "InfoComm is the perfect exhibition to promote world-class products such as NPDT's wireless LED Digital Signage and N37B RFID mobile computing device."
"InfoComm is an important conference for us. We are eager to participate in this tech savvy environment, allowing NPDT to showcase our leading-edge products," commented Weiling Tsao, NPDT President. "Consequently, we anticipate, in years 2010 and 2011, NPDT revenues will increase dramatically as a result of our solid business model and strong business relationships with our R&D and sales channel partners."
Attendees of InfoComm 2010 conference and exhibition may visit NPDT at booth #N2053.
About Newport Digital Technologies, Inc.
Newport Digital Technologies, Inc. (NPDT) is a technology solutions driven company organized to focus on serving five of the fastest-emerging businesses in the technology space - RFID (Radio-Frequency Identification), WiMax, eLearning, and LED Digital Signage and LED Lighting solutions. NPDT develops and delivers these technology solutions through strategic collaborations with global partners, including Taiwan industry and Taiwan's premier technology R&D incubators -- the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI). NPDT will customize these technology solutions and market them through Fortune 1000 channel partners and systems integrators on a worldwide basis.
Safe Harbor: This press release contains certain forward-looking statements with respect to NPDT and its business. Statements that are not historical facts are identified as "forward-looking statements". The words "estimate", "project", "intend", "expect", "believe", "plan", and similar expressions, particularly when used in the "future tense", are intended to identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Information on potential risk factors that could affect the NDPT's business plans and financial results can be found in NPDT's reports filed with the Securities and Exchange Commission. NPDT assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Newport Digital Technologies, Inc. has its headquarters located in Newport Beach, California, and branch offices in Taiwan, Australia and Japan.
If you would like more information about this press release, please contact Michael Lutton at +1.949.219.0530 or email at mlutton@newportdt.com.
Corporate Headquarters
Newport Digital Technologies, Inc.
620 Newport Center Drive, Suite 570
Newport Beach, CA 92660
USA - Corporate Headquarters
Tel: +1.949.219.0530
Fax: +1.949.219.0528
newportdt.com
Source: Newport Digital Technologies, Inc.
CONTACT: Michael Lutton of Newport Digital Technologies, Inc.,
+1-949-219-0530, fax, +1-949-219-0528, mlutton@newportdt.com
AU Optronics Corp. Reports March 2010 Consolidated Revenue
HSINCHU, Taiwan, April 8 -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced its preliminary consolidated March 2010 revenue of NT$40,666 million, up by 24.5% from February and 83.9% year-over-year.
In the first quarter of 2010, AUO's unaudited consolidated revenues totaled NT$111,556 million, down by a slight 2.9% quarter-over-quarter but an impressive growth of 119.9% year-over-year.
Large-sized panel (a) shipments for March 2010, with applications on desktop monitor, notebook PC, LCD TV and other applications, hit a record high, amounting to approximately 9.77 million units, an increase of 22.0% from the previous month. As for small-and-medium-sized panels, the shipments reached 21.39 million units, up by 32.9% month-over-month.
In the first quarter of 2010, large-sized panel shipments exceeded 27.22 million units, a slight decrease of 0.6% from last quarter but a significant YoY increase of 107.1%. Shipments of small-and-medium-sized panels in the same quarter totaled 56.99 million units, down by 5.2% quarter-over-quarter, but up by 32.7% year-over-year.
(a) Large size refers to panels that are 10 inches and above in diagonal
measurement while small and medium size refers to those below 10
inches.
Sales Report :(Unit: NT$ million)
Net Sales(1) (2) Consolidated(3) Unconsolidated
March 2010 40,666 38,801
February 2010 32,666 31,182
M-o-M Growth 24.5% 24.4%
March 2009 22,115 21,947
Y-o-Y Growth 83.9% 76.8%
Jan to March 2010 111,556 106,242
Jan to March 2009 50,741 50,469
Y-o-Y Growth 119.9% 110.5%
(1) All figures are prepared in accordance with generally accepted
accounting principles in Taiwan.
(2) Monthly figures are unaudited, prepared by AU Optronics Corp.
(3) Consolidated numbers include AU Optronics Corp., AU Optronics (L)
Corp., AU Optronics (Suzhou) Corp., AU Optronics (Shanghai) Corp., AU
Optronics Manufacturing (Shanghai) Corp., AU Optronics (Xiamen) Corp.,
Darwin Precisions (L) Corp., Darwin Precisions (Suzhou) Corp., Darwin
Precisions (Xiamen) Corp., Darwin Precision Corp., BriView
Electronics(L) Corp., BriView Electronics Corp., BVCH Optronics
(Sichuan) Corp., BriView Technology Corp., AU Optronics (Czech) s.r.o.,
M. Setek Co., Ltd. and its affiliates, Toppan CFI (Taiwan) Co, Ltd.,
Lextar Electronics Corp., and AUO Energy Taiwan Corp.
ABOUT AU OPTRONICS
AU Optronics Corp. (AUO) is a global leader of thin film transistor liquid crystal display panels (TFT-LCD). AUO is able to provide customers with a full range of panel sizes and comprehensive applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches. AUO generated NT$359.3 billion (US$11.2 billion) in sales revenue in 2009 with global operations in Taiwan, Mainland China, Japan, Singapore, South Korea, the U.S., and Europe. Additionally, AUO is the first pure TFT-LCD manufacturer to be successfully listed at the New York Stock Exchange (NYSE). AUO extended its market to the green energy industry in late 2008, and formally founded its Solar Photovoltaic Business Unit in October, 2009. For more information, please visit AUO.com.
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of large-size TFT-LCD panels, today announced the above news. Except for statements in respect of historical matters, the statements contained in this Release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management's expectations, projections and beliefs at the time regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance of and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Form 20-F filed with the United States Securities and Exchange Commission on June 4th, 2008.
Source: AU Optronics Corp.
CONTACT: Freda Lee, Corporate Communications Division, AU Optronics Corp.
at +886-3-5008800 x3206, fax: +886-3-5772730 or freda.lee@auo.com; Yawen Hsiao,
Corporate Communications Division, AU Optronics Corp. at +886-3-5008800 x3211,
fax: +886-3-5772730 or yawen.hsiao@auo.com
Unlimited Music Download Service Redefines China's Mobile Digital Music Landscape
Nokia's Global Mobile Music Leadership Underlined with Launch of DRM-Free Comes With Music - Service for Millions of Consumers in China
BEIJING, China and ESPOO, Finland, April 8, 2010-- Nokia today further increases its global footprint in the mobile music
space with the launch of its ground breaking service, 'Comes With Music', in
China. This announcement sees China's number one mobile brand drive further
innovation in the music space by introducing the first device and PC-based
free, legal, DRM-free music download service in the world's biggest mobile
market.
The launch of Nokia's unlimited music download offering in China adds
further momentum to Nokia's leadership in the world's highest growth markets
including Brazil, Russia and Indonesia. The forthcoming launch of the service
in India will add significant scale and differentiation in another critical
market.
In a local partnership with Huadong Feitian, the China launch further
showcases Nokia's expertise in delivering music services, tailored to local
consumer needs. The service delivers a rich catalogue of local artists,
unique features developed for the Chinese market, and a seamless, high
quality music download experience.
Comes With Music will be available to consumers across China via a broad
range of devices and through an extensive nationwide retail network. At
launch, consumers can get unlimited music downloads with the purchase of any
one of eight devices, to include the Nokia X6 32GB and Nokia X6 16GB, Nokia
5230, Nokia 5330, Nokia 5800w, Nokia 6700s, Nokia E52 and Nokia E72i. Entry
level prices will start from EUR 140, excluding local taxes and subsidies.
"This launch delivers a truly mass market music offering from China's
most loved mobile brand. Our broad range of Comes With Music enabled devices
and the high quality, DRM-free catalogue form the perfect legal download
recipe for the world's biggest market for mobile phones," says Liz Schimel,
Global Head of Music, Nokia. "Globally, we have expanded the reach of our
music service to 30 markets in just 18 months. We are excited to see
consumers building collections of the music they love through our service,
and we are firmly on the path to delivering legal digital music to all parts
of the world. It's fantastic to have so many local and global labels partner
with us to deliver this service in China. The industry came together to
support us in innovating the mobile music business model in this unique
market."
The service will include catalogues from the major global labels
Universal Music Group, Sony Music Entertainment, Warner Music Group, EMI
Music, and a host of local independent labels, including Huayi Brothers Media
Group and Taihe Rye.
"China is a massive opportunity and a challenging market to address.
Nokia is the undisputed dominant mobile player within China - there is no
better partner with whom to develop the market in new, imaginative ways and
make the most of its potential," says Rob Wells, Senior Vice President,
Digital, Universal Music Group International.
"We are delighted to be expanding our partnership with Nokia to bring
Comes With Music to the Chinese market," says Thomas Hesse, President, Global
Digital Business, U.S. Sales and Corporate Strategy, Sony Music
Entertainment. "We think there is great potential to convert China's massive
audience of music fans into consumers of legitimate digital music with
compelling services that are easy-to-use and broadly available across a wide
array of mobile devices."
Song Ke, CEO, Taihe Rye, says; "We are very excited by the opportunity to
have our music catalogue not only available in China, but to the rest of the
world. Lovers of Chinese music can now download content from Comes With
Music, broadening the market for our artists globally."
"Establishing legitimate online music services in emerging markets is
imperative for the music industry's ongoing effort to remake itself," says
Mike McGuire, Research Vice President, Media IAS Team, Gartner. "By getting
the Comes with Music service up and running in China, and with India coming
on shortly, Nokia is taking important steps in continuing to expand its Comes
With Music ecosystem. It's also playing an important role in developing
compelling alternatives for both artists and labels, and consumers."
Note to editors:
The Comes With Music service will be known locally within China as Yue
Sui Xiang.
About Nokia
At Nokia, we are committed to connecting people. We combine advanced
technology with personalized services that enable people to stay close to
what matters to them. Every day, more than 1.2 billion people connect to one
another with a Nokia device - from mobile phones to advanced smartphones and
high-performance mobile computers. Today, Nokia is integrating its devices
with innovative services through Ovi (http://www.ovi.com), including music,
maps, apps, email and more. Nokia's NAVTEQ is a leader in comprehensive
digital mapping and navigation services, while Nokia Siemens Networks
provides equipment, services and solutions for communications networks
globally.
Twelve buyers representing US$300 billion in annual sales met with Greater China suppliers at Global Sources Private Sourcing Events
March events brought suppliers face-to-face with buyers from Carrefour, Casino, El Corte Ingles, Kesa Electricals, Li & Fung, Office Depot, RadioShack and Target Australia
HONG KONG, April 8 -- Eight Global Sources (NASDAQ:GSOL) Private Sourcing Events (http://www.privatesourcingevents.com/ ) were held in China in March, bringing top buyers and Greater China suppliers together in face-to-face exclusive meetings.
Twenty-two sourcing teams representing 12 global buyers with a total annual revenue of more than US$300 billion joined Private Sourcing Events in March to meet face-to-face with over 75 verified and pre-screened suppliers. Among the participating buyers were Carrefour, Casino, El Corte Ingles, Kesa Electricals, Li & Fung, Office Depot, RadioShack and Target Australia.
Product categories at the events ranged from household appliances, gifts and children's items to iPhone accessories and digital home entertainment.
The eight Private Sourcing Events held in March are part of the 50 events that have been scheduled for the first half of 2010, with the aim to help buyers and suppliers conduct trade more efficiently and profitably.
Global Sources' Chairman and CEO, Merle A. Hinrichs, said: "As the global trade environment improves further, our Private Sourcing Events are providing an unmatched opportunity for suppliers to win new orders, and for buyers to enjoy a streamlined channel for reaching pre-screened, quality suppliers.
"The Private Sourcing Events, along with our online and print media, provide an end-to-end solution for both parties to conduct profitable business."
One participating buyer, Deputy General Manager of SeaLink Sourcing Group (buying office of The Source), Kenneth Tse, said: "We are restocking inventory with unique products to gain a competitive edge.
"The Private Sourcing Events helped us quickly purchase from suppliers that meet our quality and innovation standards. This is because the event enables us to source more confidently from suppliers knowing that they have already been pre-screened before we meet them."
One supplier who participated in the event, General Manager of Shenzhen Ounuo Technology Co., Eva Zhang, said: "The Private Sourcing Events are an important step for us to increase our exports. The one-on-one meetings put us in direct contact with major buyers. I am confident that we can start long-term business relations with some of the buyers we met at the events."
World's top buyers scheduled to attend upcoming Private Sourcing Events
Over 100 Private Sourcing Events are planned for 2010, with dozens of buyers, including Casino, Sears, Staples and Tesco scheduled to participate. All Private Sourcing Events are complimentary for buyers and only Global Sources suppliers are eligible to participate. More information about Private Sourcing Events is available at http://www.privatesourcingevents.com/ .
Suppliers wishing to participate should contact csm@globalsources.com.
Specialized Global Sources websites, face-to-face events and trade magazines
For more information about Global Sources' products and services to connect quality buyers and quality suppliers, visit http://www.corporate.globalsources.com/ .
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 888,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.5 million products and more than 253,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 80 sourcing research reports and 17 specialized trade shows which run 55 times a year across 10 cities.
Suppliers receive more than 136 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com/ ) alone.
Global Sources has been facilitating global trade for 39 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has about 2,500 team members in more than 40 locations, and a community of over 1 million registered online users and magazine readers for its Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia:
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
CONTACT: Press contact in Asia: Camellia So, +852-2555-5021,
cso@globalsources.com; Press contact in U.S.: James W.W. Strachan of Global
Sources, +1-480-664-8309, strachan@globalsources.com; Investor contact in
Asia: IR Department of Global Sources, +852-2555-4777,
investor@globalsources.com; Investor Contact in U.S.: Kirsten Chapman &
Timothy Dien of Lippert-Heilshorn & Associates, Inc., +1-415-433-3777,
tdien@lhai.com
David Hasselhoff Gives Driving Advice, Directions at NavTones.com
Drivers Laugh with Celebrity Voice Downloads for Garmin and TomTom Navigation Systems
LOS ANGELES, April 8 -- Do you hate being Hoff course? Have you ever been late to a meeting because you missed the Hoff ramp? Do you enjoy Hoff roading? Yes, your dreams have come true: David Hasselhoff is the first-ever celebrity voice download for Garmin GPS devices and simply the latest celebrity voice available for TomTom users worldwide. Available now, exclusively from NavTones.com, the former lifeguard, motorway crime fighter, and international singing sensation will be right by your side to give you turn-by-turn directions to your destination with flawless command of the English language.
When the laughter subsides and it's time to get down to the serious business of driving, drivers and passengers alike are treated not only to turn-by-turn directions from The Hoff himself, but also to an infusion of unique 'Hoffisms' and funny commentary such as, "I could be wrong, but it's never happened before" and "We have lift Hoff."
For years, NavTones has added entertainment to the daily commute of TomTom users worldwide with real celebrity GPS voices from Hollywood icons such as Mr. T, Dennis Hopper, and Gary Busey. But now, incorporating technology from Garmin, The Hoff voice download allows Garmin users to get in on the fun, too. Like all NavTones voices, The Hoff can be downloaded and installed to any compatible GPS device in just a few clicks, regardless of the user's geographic location.
"We strive to bring humor and excitement to the often boring world of GPS navigation, and we're delighted to finally bring Garmin users along for the ride," says Will Andre, NavTones' chief executive. "And trust me," he adds, "The Hoff brings his world famous style right to your dashboard."
When asked about his GPS voice download, The Hoff himself explained, "As you know, I love to drive and this is just like taking a road trip with me. Now I get to show my fans all the right moves with my very own GPS download from NavTones. Let's get those motors running!"
In addition to an ever-growing selection of celebrity and exclusive GPS voices, the updated NavTones website features new celebrity fan pages which allow fans to share comments, photos, and their favorite YouTube videos for free. For a limited time, The Hoff's voice download for TomTom or Garmin GPS is just $6.95 (approximately euro 5,00) at http://www.navtones.com/thehoff
Founded in 2004, Los Angeles-based NavTones is the global leader in celebrity and branded voice content for the GPS navigation industry. Thousands of drivers in more than 50 countries know what it means to 'Nav It YOUR Way' with an exclusive NavTones voice on their navigation system. Please check us out online and listen to some hysterical voice samples at http://www.navtones.com Nav It Your Way. http://www.facebook.com/NavTones
Contact:
Lisa Tan
VP - Corporate Communications
Wanderlust Media, LLC
701 5th Ave
Suite 4200
Seattle, WA 98104
USA
lisa.tan@navtones.com
Source: NavTones
CONTACT: Lisa Tan, VP - Corporate Communications of Wanderlust Media,
LLC, +1-818-237-5053, lisa.tan@navtones.com, for NavTones
IBM, KACST Unveil Research Initiative to Desalinate Seawater Using Solar Power
New technologies could significantly reduce water, energy costs
ARMONK, N.Y. and RIYADH, Saudi Arabia, April 8 -- IBM (NYSE:IBM) and the King Abdulaziz City for Science and Technology (KACST), Saudi Arabia's national research and development organization, today announced a research collaboration aimed at creating a water desalination plant powered by solar electricity, which could significantly reduce water and energy costs.
A new, energy efficient desalination plant with an expected production capacity of 30,000 cubic meters per day will be built in the city of Al Khafji to serve 100,000 people. KACST plans to power the plant with the ultra-high concentrator photovoltaic (UHCPV) technology that is being jointly developed by IBM and KACST; this technology is capable of operating a CPV system at a concentration greater than 1,500 suns. Inside the plant, the desalination process will hinge on another IBM-KACST jointly developed technology, a nanomembrane that filters out salts as well as potentially harmful toxins in water while using less energy than other forms of water purification.
According to KACST scientists, the two most commonly used methods for seawater desalination are thermal technology and reverse osmosis, both at a cost ranging from 2.5 to 5.5 Saudi Riyals per cubic meter. By combining solar power with the new nanomembrane, the goal of this project is to significantly reduce the cost of desalinating seawater at these plants.
"Currently, Saudi Arabia is the largest producer of desalinated water in the world, and we continue to invest in new ways of making access to fresh water more affordable," said Dr. Turki Al Saud, vice president for research institutes, KACST. "Water has the first priority in the Science, Technology and Innovation Plan of the Kingdom, overseen by KACST."
Because over 97 percent of the world's water is in the oceans, turning salt water into fresh water cost effectively and energy efficiently offers tremendous potential for addressing the growing worldwide demand for clean water. One of the most efficient means of desalination is reverse osmosis. But there are obstacles to unlocking this reserve -- principally bio-fouling, degradation by chlorine and low flux challenges. The KACST / IBM joint research focuses on improving polymeric membranes through nanoscale modification of polymer properties to make desalination much more efficient and much less costly.
"Our collaborative research with KACST has led to innovative technologies in the areas of solar power and of water desalination," said Sharon Nunes, vice president, IBM Big Green Innovations. "Using these new technologies, we will create energy-efficient systems we believe can be implemented across Saudi Arabia and around the world."
In February 2008, IBM and KACST signed a multi-year collaborative research agreement, under which scientists from IBM and KACST work side by side at IBM Research labs in New York and California as well as at the KACST / IBM Nanotechnology Centre of Excellence in Riyadh, Saudi Arabia. IBM's multi-faceted research with KACST also includes exploring new ways to recycle polyethylene terephthalate (PET) plastics, commonly used for food and beverage containers.
For more information about the IBM/KACST solar desalination collaboration, please visit IBM's Smarter Planet blog.
For more information about IBM and water management, please visit ibm.com/smarterplanet/water.
Contact
Jenny Hunter
IBM
jennyh@us.ibm.com
510-919-5320
GORINCHEM, The Netherlands, April 6, 2010-- XSPlatforms has made a company acquisition in the UK by taking over High
Level Safety (HLS) - a specialist in providing Fall Arrest and Mansafe safety
systems to prevent falls from height within the commercial and industrial
sectors. The acquisition of HLS will increase the knowledge that XSPlatforms
possesses of the UK market. XSPlatforms Group will preserve the expertise of
HLS employees, as they will become part of the new department of XSPlatforms
in the UK.
High Level Safety will become 'XSPlatforms UK' - a member of the
XSPlatforms Group. XSPlatforms UK will offer the complete XSPlatforms product
range. The initial focus of XSPlatforms UK will be on fall protection and
building maintenance units.
The worldwide expansion of the XSPlatforms Group is accompanied by an
enhanced focus on customer-specific requests and market-specific legislation.
XSPlatforms will continue to lead the market in safety for people working at
height. Our products and services go beyond the latest standards throughout
the world. Safe working at height, your safety in our hands.
For more information please contact: XSPlatforms BV, Kaz van Hooijdonk tel.: +31(0)183-56-91-11 or email KazvanHooijdonk@xsplatforms.com or visit http://www.xsplatforms.com.
Global Net Access Interconnects Data Centers for Improved Disaster Recovery and Business Continuity
ATLANTA, April 7 -- Global Net Access, LLC (GNAX), a premier enterprise hosting company, today announced the completion of a private interconnect between their AtlantaNAP and DallasNAP facilities. The interconnect will provide private backend services such as server to server connectivity for their Infrastructure as a Service (IaaS) offering, asynchronous disk replication for recovery and backup between Atlanta and Dallas based companies and peering between the Atlanta and Dallas networks.
"We are excited about this development, because it will enable a new level of applications for our customers," said Global Net Access president, Jeff Hinkle. "Customers can transfer data between their servers and cabinets for no extra charge and can connect to peering fabrics and providers in both Atlanta and Dallas."
Global Net Access's private interconnect between AtlantaNAP and DallasNAP provides a new asynchronous connection for any company in need of improved disaster recovery and business continuity. GNAX's partnership with Hewlett-Packard (HP) enables Storage Area Network (SAN) customers to begin disk replication for backup and recovery.
To learn more about Global Net Access's disaster recovery solutions and managed services, contact bhale@gnax.net, phone +1-404-230-9150 (x 227) or visit http://www.gnax.net.
About Global Net Access:
Global Net Access is an enterprise hosting company with data centers in Atlanta, Georgia and Dallas, Texas. GNAX specializes in mission-critical colocation, cloud hosting and dedicated hosting. With a Tier IV electrical infrastructure and SAS 70 Type II certification, GNAX's 70,000 square foot facility in Atlanta provides industry-leading 24/7/365 security, high-availability and superior redundancy.
Contact:
Global Net Access
+1-404-230-9150 x 227
bhale@gnax.net
Flightlink(TM) Fiber Optic Cable From OFS Meets ARINC 802 Specifications For Commercial Aircraft
AVON, Conn., April 7 -- OFS, Specialty Photonics Division, announces commercial availability of its new FlightLink(TM) cable for the air transport industry. The cable is a 62.5 micron multimode, graded-index, tight-buffer construction with temperature performance of -55 to 125 degrees C, ideal for In-Flight Entertainment systems, In-Flight Networking systems, and Display systems. ARINC 802 was created by the ARINC standards committee and defines "performance requirements, dimensions, quality assurance criteria and test procedures for fiber optic cable suitable for use on commercial aircraft," according to the committee's parent company, ARINC Incorporated. This cable meets or exceeds the ARINC 802 specification, including size, weight, smoke, toxicity, and flammability. Meeting the ARINC specs allows this robust cable to be used in a wide variety of aircraft applications, in both pressurized and non-pressurized areas of the aircraft.
"Some advantages of this cable are its light weight, an important consideration in all aircraft, plus its stability over temperature and shock. OFS FlightLink cable is flexible and durable, and the tight-buffer design eliminates 'kinking', a common problem with loose tube constructions," says Cathy Ciardiello, Market Manager for OFS. "OFS' FlightLink cable incorporates our own high quality 62.5 micron graded index optical fiber. Around it we designed and constructed the cable, selecting from our large portfolio of specialty materials, the right buffers, strength members and outer jacket to preserve the performance of the fiber in this challenging environment," adds Ms. Ciardiello.
FlightLink cables can be ordered directly from OFS's Specialty Photonics Division in Avon, CT.
About OFS
OFS is a world-leading designer, manufacturer and provider of optical fiber, optical fiber cable, FTTX, optical connectivity and specialty photonics products. Our manufacturing and research divisions work together to provide innovative products and solutions that traverse many different applications as they link people and machines worldwide. Between continents, between cities, around neighborhoods, and into homes and businesses of digital consumers we provide the right optical fiber, optical cable and components for efficient, cost-effective transmission.
OFS' corporate lineage dates back to 1876 and includes technology powerhouses such as AT&T and Lucent Technologies (now Alcatel-Lucent). Today, OFS is owned by Furukawa Electric, a multi-billion dollar global leader in optical communications.
Headquartered in Norcross (near Atlanta) Georgia, U.S., OFS is a global provider with facilities in Avon, Connecticut; Carrollton, Georgia; Somerset, New Jersey; and Sturbridge, Massachusetts, as well as in Denmark, Germany and Russia.
Vacation Rentals Website ScenicRentals.com Offers an Affordable Way to Advertise Rental Properties
ScenicRentals.com, a popular 'by owner' vacation rentals website that offers affordable and effective advertising to rental property owners, announces new features to the website.
ATLANTA, April 7 -- The recent redesign of ScenicRentals.com has given vacation property owners renewed hope of an affordable way to market their vacation rentals. The new features, streamlined navigation, and leading edge social media avenues are designed to help property owners more easily connect with travelers despite the current economic downturn.
The new redesign has an exciting new look and has been optimized resulting in higher rankings on major search engines including Google and Yahoo. Property owners can expect to receive more exposure for their vacation rentals because of these rankings. The redesign includes social media outlets such as a company blog, along with Facebook and Twitter updates, which constantly work to improve rankings.
"We are working hard to prove that the vacation rental industry can have an amazing, yet affordable, website to advertise vacation rentals. By leveraging the efficiencies of the internet, we provide relief to our by owner vacation rentals clients who are tired of paying over $175 per listing. We recently met with over 150 property managers who provided excellent feedback and are encouraged about our vacation rentals marketing strategy," says Mike Braswell, president of Scenic Rentals (http://www.scenicrentals.com/).
In addition to the low $45/year fee, top features that make ScenicRentals.com stand apart from other rentals by owner listing websites include:
-- Listings limited to 60 properties per location, which limits the
competition amongst property owners;
-- New property listings receive their own searchable Facebook page for
extra exposure;
-- Easy integration with the free availability calendar on
PropertyCalendar.com;
-- 12 photos posted for free;
-- URL links from ScenicRentals.com to the owners' personal websites.
Scenic Rentals offers great customer support and a money back guarantee to vacation property owners. As a member of The Vacation Rental Managers Association (VRMA), owners Mike and Amy Braswell pride Scenic Rentals on being 'property manager friendly'.
About Scenic Rentals: Mike and Amy Braswell founded ScenicRentals.com after they saw the need for affordable online advertising for their vacation rentals. They recently made a major investment in the business in an effort to become an industry leader by 2011. (http://www.scenicrentals.com/).
Source: ScenicRentals.com
CONTACT: Mike Braswell of ScenicRentals.com, +1-404-229-9643,
mbraswell@scenicrentals.com
State Legislators Call Court Ruling a Win for Free and Open Internet
WASHINGTON, April 7 -- Yesterday, the U.S. Court of Appeals for the District of Columbia Circuit ruled that the Federal Communications Commission (FCC) exceeded its authority through a controversial 2008 order sanctioning the network management practices of an Internet Service Provider (ISP). In Comcast v. FCC, the Court vacated the FCC's order that had purported to adopt an onerous "network neutrality" regulatory standard for ISPs. The Court also rejected several legal arguments advanced by the FCC to support its "ancillary authority" over the Internet.
"ALEC applauds the D.C. Circuit Court for holding the FCC accountable to the rule of law," said Rep. Bill Hamzy (CT), Public Sector Co-Chair of ALEC's Telecommunications & Information Technology Task Force. "The FCC's order was an unprecedented attempt by government to patrol private broadband networks. The court's ruling sweeps away the primary basis of the FCC's power to implement its current proposal to impose network neutrality regulation on Internet. We hope the FCC will refocus its future efforts on transparency requirements and other less intrusive methods to preserve a free and open Internet. As state legislators, we are especially concerned about the potential adverse consequences that new federal Internet regulation will have on innovation, investment and job growth in our states. We believe that a free and open Internet is best guaranteed by continuing government 'hands-off' policies toward the Net."
In January, Rep. Hamzy and over 90 other state legislators submitted a letter to the FCC opposing its plans to impose net neutrality regulation. In 2007, ALEC adopted a Resolution on Net Neutrality, opposing federal and state regulation of network management practices.
The American Legislative Exchange Council is the nation's largest nonpartisan, individual membership organization of state legislators.
Call of Duty(R): Modern Warfare(R) 2 Stimulus Package Sets New Xbox LIVE Record
More than One Million Gamers Download Modern Warfare 2 Map Pack In First 24 Hours
SANTA MONICA, Calif., April 7 -- Microsoft today confirmed that last week's release of Call of Duty: Modern Warfare 2 Stimulus Package shattered Xbox LIVE® records as more than one million gamers worldwide downloaded the new map pack from Activision and Infinity Ward in the first 24 hours alone, surpassing the 2.5 million mark within the first week.
The map pack add-on, now available only on the Xbox 360® video game and entertainment system from Microsoft, extends the action-packed online entertainment experience with five multiplayer maps. Call of Duty: Modern Warfare 2 from Activision Publishing, Inc. (NASDAQ:ATVI) is rated "M" (Mature) by the ESRB for Blood, Drug Reference, Intense Violence and Language.
Xbox LIVE is the largest Call of Duty community of any entertainment system. According to Microsoft, Call of Duty: Modern Warfare 2 players have invested more than 1.75 billion hours of gameplay on Xbox LIVE alone since the title's release in November, which is equal to more than 200,000 years of gameplay playing Call of Duty: Modern Warfare 2. For more information, visit http://www.xbox.com/en-US/games/splash/c/callofdutymodernwarfare2/. For more Call of Duty: Modern Warfare 2 information, go to http://www.modernwarfare2.com.
About Activision Publishing, Inc.
Headquartered in Santa Monica, California, Activision Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.
Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Australia, Russia, Japan, South Korea, China and the region of Taiwan. More information about Activision and its products can be found on the company's website, http://www.activision.com.
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Publishing generally uses words such as "outlook," "will," "could," "would," "might," "remains," "to be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimate," future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to identify forward-looking statements. Factors that could cause Activision Publishing's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales levels of Activision Publishing's titles, shifts in consumer spending trends, the impact of the current macroeconomic environment, the seasonal and cyclical nature of the interactive game market, Activision Publishing's ability to predict consumer preferences among competing hardware platforms, declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Publishing's products, adoption rate and availability of new hardware (including peripherals) and related software, industry competition, rapid changes in technology, industry standards and consumer preferences, protection of proprietary rights, litigation against Activision Publishing, maintenance of relationships with key personnel, customers, licensees, licensors, vendors and third-party developers, counterparty risks relating to customers, licensees, licensors and manufacturers, domestic and international economic, financial and political conditions and policies, foreign exchange rates and tax rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, and the other factors identified in the risk factors section of Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.
(c) 2009 Activision Publishing, Inc. Activision, Call of Duty and Modern Warfare are registered trademarks of Activision Publishing, Inc. All rights reserved. Xbox, Xbox 360 and Xbox LIVE are either registered trademarks or trademarks of the Microsoft group of companies.
Keynote Speakers Take to the Stage at Interop Las Vegas 2010
Program Features Key Productivity-Driving Business Technologies, Cloud Computing and Virtualization
SAN FRANCISCO, April 7 -- Interop®, produced by UBM TechWeb, today introduced its 2010 Las Vegas keynote speakers. Interop, North America's largest and most comprehensive business technology event, will present a lineup of industry leaders from companies like Avaya, Cisco, IBM and HP, featuring focused and insightful presentations from the keynote stage. The event will take place at the Mandalay Bay Convention Center in Las Vegas, April 25-29, 2010. For more information visit: http://www.interop.com/lasvegas/.
Keynote speakers of the event currently include:
-- Simon Crosby, CTO, Datacenter and Cloud Division, Citrix Systems, Inc.
-- Brett D. Galloway, Senior Vice President, Wireless, Security, and
Routing Technology Group, Cisco
-- Marius Haas, Senior Vice President and General Manager, HP ProCurve
Networking
-- Kevin Kennedy, President and CEO, Avaya
-- Kristof Kloeckner, Vice President, Strategy & Enterprise Initiatives,
Systems & Software, and CTO, Cloud Computing, IBM
-- Randy Rowland, General Manager Managed Hosting & Cloud Computing
Services, Terremark Worldwide Inc.
-- Vittorio Viarengo, Vice President of Program Management, VMware
"Interop is the event to attend to hear from leading companies on the most important topics in the business technology industry," said Lenny Heymann, General Manager of Interop. "Attendees will gain comprehensive insight into exciting IT innovations, like cloud computing and virtualization, as top minds in the industry provide knowledge and insight on key technologies that are changing all aspects of IT. It's a great time to come together to explore the wide range of innovations that are re-energizing the business technology marketplace."
Recognizing the importance of cloud computing and virtualization, Interop Las Vegas will offer a dedicated cloud computing conference track, a cloud keynote panel and the return of Enterprise Cloud Summit, a one-day cloud conference covering practical cloud computing designs, as well as the standards, infrastructure decisions, and economics needed to better understand how to transform your organization's IT. There will be 14 virtualization conference sessions, plus the program includes an entire Virtualization Management Day and Desktop Virtualization Day, to drive discussion around successful deployment and management of desktop and application virtualization. In addition, Interop Las Vegas offers a multi-track conference, IT workshops, a major expo show floor, and many networking opportunities.
Also happening at Interop Las Vegas is the presentation of the Best of Interop Awards, which recognize exhibitors that have made significant technological advancements in nine specific category areas. There will also be three special awards: an overall "Best of Interop," Best Startup and the Green Award, which recognizes eco-friendly products. Submissions are now closed and Best of Interop finalists for these category areas will be announced on Monday, April 12. This year's Best of Interop is hosted by InformationWeek Analytics. More information available at: http://www.bestofinterop.com/.
Interop Las Vegas 2010 proudly welcomes more than 350 exhibitors, showcasing the full range of IT solutions including cloud computing, virtualization, security and mobility. Several industry-leading vendors exhibiting at this year's event includes: Amazon Web Services, APC, Avaya, Brocade, CA, Cisco, Citrix, Dell, D-Link, EMC, Enterasys, F5 Networks, Force10 Networks, HP, IBM, LifeSize, McAfee, Microsoft, NetScout, Novell, Polycom, Qwest Communications, Riverbed, Siemens, Sprint, Terremark, The Rackspace Cloud, VMware, Xirrus.
Visit http://www.interop.com for more details on Interop's world-class education program, comprehensive exposition, sessions and programs, the celebrated InteropNet and the InteropLabs.
About Interop®
Interop® drives the adoption of technology, providing knowledge and insight to help IT and corporate decision-makers achieve business success. Part of UBM TechWeb's family of global brands, Interop is the leading business technology event series. Through in-depth educational programs, workshops, real-world demonstrations and live technology implementations in its unique InteropNet program, Interop provides the forum for the most powerful innovations and solutions the industry has to offer. For more information about these events visit, http://www.interop.com.
About UBM TechWeb
UBM TechWeb, the global leader in technology media and professional information, enables people and organizations to harness the transformative power of technology. Through its three core businesses - media solutions, marketing services and paid content -UBM TechWeb produces the most respected and consumed brands and media applications in the technology market. More than 14 million business and technology professionals (CIOs and IT managers, Web & Digital professionals, Software Developers, Government decision makers, and Telecom providers) actively engage in UBM TechWeb's communities and information resources monthly. UBM TechWeb brands include: global face-to-face events such as Interop, Web 2.0, Black Hat and Enterprise Connect; award-winning online resources such as InformationWeek, Light Reading, and Network Computing; and market-leading InformationWeek, Wall Street & Technology, and Advanced Trading magazines. UBM TechWeb is a UBM company, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
Source: UBM TechWeb
CONTACT: Joylyn Tanner of UBM TechWeb, +1-415-947-6319,
jtanner@techweb.com
SecureWorks Approved Vendor on General Services Administration Schedule 70
ATLANTA, April 7 -- SecureWorks, Inc.®, a leading global provider of security services protecting 2,800 clients worldwide, has been awarded a General Services Administration (GSA) Schedule 70 contract enabling SecureWorks to offer its services directly to executive agencies and other federal agencies, the District of Columbia, qualified nonprofit agencies and state and local governments.
"Because of our GSA Schedule 70 contract award, we are able to expand the offering of our services within the government sector," said Tyler Winkler, executive vice president of SecureWorks. "We currently protect an array of government agencies, and now we make it easier to provide our security services to a larger segment of the government marketplace: federal, state, and local organizations," continued Winkler.
Purchasing from GSA Schedule contracts offers the following advantages over procuring on the open market:
-- GSA has determined prices under Schedule contracts to be fair and
reasonable.
-- The publishing of solicitation synopses are not required for Schedule
purchases.
-- GSA Schedule contracts have been awarded in compliance with all
applicable laws and regulations.
-- Administrative time is reduced.
The GSA Information Technology (IT) Schedule 70 grants agencies direct access to commercial experts who can thoroughly address the needs of the government IT Community in the areas of commercial IT hardware, software and services.
SecureWorks is known for its expertise in threat intelligence and offering solutions to help clients' meet regulatory compliance obligations. The company's services align closely with the National Institute of Standards and Technology (NIST) SP 800-53 guidance for recommended security controls and with the guidelines of the Federal Information Security Management Act (FISMA). SecureWorks also supports compliance with Federal Information Processing Standards (FIPS) 200 requirements, including:
-- Full-lifecycle co-management and monitoring of Intrusion Detection and
Prevention Systems (IDS/IPS)
-- Full-lifecycle co-management and monitoring of Firewall and Gateway
appliances
-- 24x7 real-time Security Monitoring of logs and alerts by
SANS-certified analysts
-- Comprehensive Log Management & Log Retention
-- On-demand Security Information Management
-- Highly accurate, non-disruptive Vulnerability Scanning
Threat Intelligence with early warning of the latest attacks, vulnerabilities and trends For more information about SecureWorks' information security services for the government sector, contact government@secureworks.com or call 877-905-6661.
About SecureWorks
SecureWorks is a market leading provider of world-class information security services with over 2,800 clients worldwide spanning North America, Latin America, Europe, the Middle East and the Pacific Rim. Organizations of all sizes, including more than ten percent of the Fortune 500, rely on SecureWorks to protect their assets, improve compliance and reduce costs. The combination of strong client service, award-winning security technology and experienced security professionals makes SecureWorks the premier provider of information security services for any organization. Positioned in the Leader's Quadrant of Gartner's Magic Quadrant for MSSPs, SecureWorks has also won SC Magazine's "Best Managed Security Service" award for 2006, 2007, 2008 & 2009 and has been named to the Inc. 500, Inc. 5000 and the Deloitte lists of fastest-growing companies. http://www.secureworks.com
Source: SecureWorks, Inc.
CONTACT: Elizabeth W. Clarke, SecureWorks, +1-404-486-4492,
eclarke@secureworks.com, Ashley Vandiver, SecureWorks Media Relations,
+1-404-235-0197, avandiver@secureworks.com
Australian Pharmaceutical Industries Upgrades Teradata Intelligence System
Adds Teradata Data Warehouse Appliance to accommodate growth in information requirements
SYDNEY, April 7 -- Teradata Corporation (NYSE:TDC), the world's largest company solely focused on data warehousing and enterprise analytics, announced today that Australian Pharmaceutical Industries , a leading Australian beauty and health product company, has upgraded its Teradata warehouse to a multi-platform system with the addition of a Teradata Data Warehouse Appliance to provide added visibility into its enterprise-wide sales and inventory processing details.
API is one of Australia's leading wholesale distributors of pharmaceutical and over-the-counter products to more than 4000 pharmacies across Australia and provides many of these pharmacies with retail services, marketing programs and business advisory services. API owns and operates the Priceline retail store brand, a leading health and beauty brand in Australia. API also provides services under the Soul Pattinson Chemist and Pharmacist Advice banners.
API's Pharmacy Division has deployed the new Teradata Data Warehouse Appliance to accommodate its continued business growth. The addition is part of an enterprise-wide upgrade to its data warehouse capability and is the result of growing internal demand for Teradata system access and support. At API, Teradata's powerful database provides conventional data warehousing decision-support for strategic planning while also delivering actionable intelligence to front-line operations for near-real time decision making.
Notably, the Teradata Data Warehouse Appliance enables API to bring multi-platform user capabilities to API's executives as well as front-line operations teams. The use of business intelligence software has become more pervasive throughout the Pharmacy Division as the management has seen the value it can bring to all areas of the business.
"This system upgrade, including the Teradata Data Warehouse Appliance, has increased our ability to make better, timelier decisions while also providing us the opportunity to integrate other business units' data into the enterprise warehouse to accommodate future information requirements," said Brett Hart, manager of finance and business reporting, Pharmacy Division. "By moving to a new platform now and redeploying our Teradata Data Mart Appliance, we expect to see significant savings of as much as $400K over the next three years."
According to API, the new Data Warehouse Appliance provides as much as 10X improvement on query performance, 6X more processing power, and doubles the capacity of the previous data warehouse environment to two terabytes (TB). An additional 4.7TB capacity on demand is available, totalling 6.7TB which will accommodate growth over the next few years.
Previously, API used a Teradata Data Mart Appliance 550P and this system has been redeployed as a test and development platform.
"API's upgrade is a great example of how customers start with a Teradata platform - in this case the Data Mart Appliance - and as their business grows, seamlessly upgrade to the next level data warehouse appliance as they start to reap clear benefits and cost savings," said Noel Pettitt, vice president of Teradata for Australia and New Zealand. "With the Teradata Purpose-Built Platform Family, customers can leverage the power of Teradata while trusting that our best in class infrastructure will support them as their business needs grow."
About API
Australian Pharmaceutical Industries Limited has developed into one of Australia's leading beauty and health companies. API was founded in 1910 and became one of Australia's leading pharmaceutical distributors. Changes within the pharmacy industry propelled API to focus on the needs of consumers and patients thereby developing a retail footprint and retail services that provide growth opportunities for the company today. API has since become one of the leading service providers to the pharmacy industry in Australia and today has a relationship with more than 4000 independent pharmacies. The services include wholesale product delivery, retail services, marketing programs and business advisory services. API also owns and operates the Priceline retail store brand that is a leading health and beauty brand in Australia. The company has product manufacturing capabilities and it is a niche player in over-the-counter pharmaceuticals and toiletries, which supply the Australian and New Zealand markets.
About Teradata
Teradata Corporation (NYSE:TDC) is the world's largest company solely focused on raising intelligence and achieving enterprise agility through its database software, enterprise data warehousing, data warehouse appliances, consulting, and enterprise analytics. Visit Teradata on the web at http://www.teradata.com.
Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.