News

April 1, 2010

Creating a Personal Presence Online Is as Easy as 1, 2, .ME

Poster: SySAdmin

Posted on April 1, 2010 at 4:07:01 PM

Creating a Personal Presence Online Is as Easy as 1, 2, .ME

Grab Your Name at April Auction & Create Your Online Home

PODGORICA, Montenegro, April 1 -- The largest online auction of personal names ever held begins next week. More than 300 personal names and surnames with a .ME extension will be available starting April 5 through NameJet (http://www.namejet.com/Pages/Promos/DotMePersonalPromo.aspx ). Imagine -- a person named John owning the domain John.Me, Marie based at Marie.Me, or Bill creating his online presence at William.Me. The Web doesn't get any more personal than this!

"It's extremely rare to have the opportunity to purchase your very own first or last name as your domain," notes Predrag Lesic, Executive Director of the .ME Registry. "Even more exciting is the chance to attach your name to dot-ME, the most powerful personal domain available on the Internet."

Adds Lesic, "This auction will give people a rare chance to capture a domain that naturally provides them a truly personal online home."

Online service providers like Flavors.Me know how valuable that is. Flavors.Me allows anyone to create an elegant Web site using personal content from around the Internet. "After joining dozens of social sites, as most of us do, your online identity is spread all over the Web," notes Jonathan Marcus, Chief Executive Officer of HiiDef Inc., who founded Flavors.Me. "Our site allows you to create a one-stop home for your virtual identity, where everyone you know can come to visit everything you care about online."

A .ME domain -- with your name attached -- is also an ideal place to build your personal presence online. April's auction gives you the rare opportunity to snatch it up. Find out if your first or last name is available and view the entire list of 300 personal names up for grabs at http://personalnames.me/ .

For examples of other clever uses of .ME, visit http://exploretheworldof.me/ .

To learn more about the .ME Registry, developing a .ME business idea through non-auction allocation of a .ME domain, or to find out how to register a .ME domain, go to http://www.domain.me/ .

For more information, please contact:

Natasa Djukanovic
Phone: +382-20-269-740
+1-866-941-5341 (fax)
Email: Info@domain.me

Source: .ME Registry

CONTACT: Natasa Djukanovic, +382-20-269-740, Fax, +1-866-941-5341,
Info@domain.me

Web site: http://www.domain.me/
http://www.namejet.com/Pages/Promos/DotMePersonalPromo.aspx
http://exploretheworldof.me/

Tags PR Press Release

miSoft Launches Five Exciting iPad and iPhone Apps

Poster: SySAdmin

Posted on April 1, 2010 at 4:00:01 PM

miSoft Launches Five Exciting iPad and iPhone Apps

CHICAGO, April 1 -- miSoft, a brand new iPad and iPhone App developer, launches five apps empowering users to create digital art. The next generation of finger painting, miSoft miArt is the basis for apps that elevate the simple act of drawing with a suite of sophisticated tools. The result? A must-have set of iPad and iPhone apps anyone can use to create unique greeting cards, postcards, note cards, animation and digital art. miSoft is front and center at the iPad media revolution.

"When I was growing up, we used to hear about Cable TV bringing into your 'living room' all the entertainment you ever wanted at the touch of a button. It never happened; until iTunes and the App Store. Apple has done what cable never did; this portal is everything you ever wanted or knew. From an environmentally friendly and money saving App like miNoteCards, to Brown Eyed Girl, to Beauty and the Beast, to an App like miSoft's miArts, where you can make your own digital art and animations, with sound, and post them to the world on You Tube! With miSoft Apps, you can watch your creations with your family on your iPhone, or an iTV or, even more, sitting at the beach on a iPad 3G. The world has changed, the next Tech revolution has arrived; it was the PC, now it's the iPad," said Daniel Fontana, CEO, miSoft, LLC.

Three iPhone apps are available right now from the iTunes store. miArts is a powerful, fully featured digital animation creation engine. miArtsJr integrates features appealing to kids. miNoteCards lets users make and send personalized note cards, thoughtful, smart, environmentally friendly money savers. Three more will launch, timed with iPad's highly anticipated arrival.

About miSoft

miSoft makes digital art and entertainment products in the iPhone app space. CEO Daniel Fontana is a former Disney screenwriter from the Aladdin era who has decades of computer industry experience and holds multiple industry patents. He's excited to now turn his attention to iPhone apps because, he says "that's where the action is, the rest minor leagues."

Contact:
Dan Alexander
312-919-9503
support(at)miSoft(dot)com

Source: miSoft

CONTACT: Dan Alexander of miSoft, +1-312-919-9503,
support(at)miSoft(dot)com

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

Tags PR Press Release

Verizon's Fiber-Optic-Powered FiOS Services Available to More Than 144,000 Homes and Small Businesses in Long Beach and Surrounding Cities -- at Attractive Discounts

Poster: SySAdmin

Posted on April 1, 2010 at 3:42:01 PM

Verizon's Fiber-Optic-Powered FiOS Services Available to More Than 144,000 Homes and Small Businesses in Long Beach and Surrounding Cities -- at Attractive Discounts

Long Beach, Artesia, Bellflower, Cerritos, Downey, Hawaiian Gardens, Lakewood, Norwalk, Pico Rivera, Santa Fe Springs, Signal Hill Have Access to More HD TV, Faster Internet Speeds

LONG BEACH, Calif., March 31 -- Residents of Long Beach and neighboring cities who have considered upgrading to Verizon FiOS TV and FiOS Internet - the most powerful video entertainment and ultra-high-speed broadband services in the area - should take another look at FiOS. For a limited time, attractive discounts and other incentives are available when ordering the industry's most advanced home-entertainment and communications triple-play bundles (FiOS TV, FiOS Internet and Verizon Home Phone).

"There's no comparison between Verizon's FiOS and plain old cable TV service," said Jennifer Little, marketing director for Verizon in California. "FiOS delivers more HD channels, more video-on-demand choices, and unique interactive features like Facebook and Twitter on the TV screen -- plus faster download and upload broadband speeds at a very competitive price."

Currently, Verizon FiOS services are available to more than 144,000 homes and small businesses in parts of Long Beach, Artesia, Bellflower, Cerritos, Downey, Hawaiian Gardens, Lakewood, Norwalk, Pico Rivera, Santa Fe Springs, Signal Hill and nearby unincorporated areas. (See the city/Zip code listing at the end of the news release.)

Verizon's FiOS services are available to nearly 1.2 million households and businesses in Los Angeles, Orange, San Bernardino, Riverside and Ventura counties.

More HD With FiOS TV

FiOS TV offers more than 580 total TV channels, including more than 130 HD channels in the Long Beach area - more HD channels than Charter and Time Warner. And because the service is delivered using a pure fiber-optic network connection directly to the home, FiOS TV's picture-and-sound quality is unmatched.

More Speed With FiOS Internet

Verizon's FiOS Internet offerings feature an unprecedented symmetrical broadband service that provides equal upstream and downstream connections of 25 megabits per second (Mbps) and 35 Mbps. The two-way-fast speeds transform the user experience for bandwidth-sensitive Web applications like social networking, telecommuting, online multi-player gaming, sharing digital photos and videos, hard drive backups and video conferencing. More speed results in better performance for all connected devices in the home and, unlike some providers, Verizon does not penalize customers for using all the data transmission capacity they order.

More Value With FiOS Bundles

Verizon FiOS double- and triple-play bundles are now available with a 24-month service agreement that guarantees the customer's monthly rate will not change for two years. New customers who sign up for a qualifying triple-play bundle by April 17 can choose from a variety of promotional incentives, including a $20 off the regular monthly rate - a savings of $480 over the life of the 24-month service agreement. FiOS bundles are also available in month-to-month plans without a minimum term agreement.

The FiOS Ultimate HD triple-play offers more than 430 channels with more than 100 HD channels, premium content, symmetrical 35/35 Mbps FiOS Internet service, and a home phone line with unlimited nationwide calling for $119.99 per month (after discounts) for 24 months. The FiOS Extreme HD triple-play offers more than 360 channels with more than 70 HD channels, symmetrical 25/25 Mbps FiOS Internet service, and a home phone line with unlimited nationwide calling for $104.99 per month (after discounts) for 24 months. The FiOS Prime HD triple-play offers more than 260 channels with more than 50 HD channels, 15/5 Mbps FiOS Internet service, and a home phone line with unlimited nationwide calling for $89.99 per month (after discounts) for 24 months.

FiOS: More Than Just TV, Internet and Phone

The Ultimate HD and Extreme HD triple-play bundles include access to thousands of Verizon Wi-Fi hot spots at coffee shops, hotels, airports and other locations nationwide at no extra cost. FiOS TV users also have access to about 18,000 video-on-demand titles (70 percent of which are free), including 2,800 of which are HD, and an advanced interactive media guide that supports unique on-screen interactive social-networking, news, shopping and entertainment widgets.

More Savings, More Multimedia Capabilities

New customers who sign up for a qualifying bundle by April 17 receive a free Verizon Home Media DVR, plus a free standard- or high-definition set-top box for six months (up to a $179 value). With Home Media DVR, up to three TVs with set top boxes throughout the home can simultaneously view different recorded programs with pause, fast forward and rewind controls. Customers with a DVR have access to Media Manager software that allows them to enjoy photos, videos and music from their home computer on their TV. DVR customers can also access online videos from blip.tv, Dailymotion and Veoh.

FiOS is available in all or parts of the following area cities and ZIP Codes: Downey (90241), Norwalk (90650), Pico Rivera (90660), Santa Fe Springs (90670), Artesia (90701), Cerritos (90703), Bellflower (90706), Lakewood (90712, 90713, 90715), Hawaiian Gardens (90716), Signal Hill (90755), Long Beach (90802, 90803., 90805, 90804, 90806, 90807, 90808, 90810, 90813, 90814, 90815).

To check FiOS service availability, visit call 1-888-GET-FIOS or visit http://www.verizon.com/bundles.

Verizon Communications Inc. (NYSE:VZ)(NASDAQ:VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 91 million customers nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers innovative, seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of approximately 222,900 and last year generated consolidated revenues of more than $107 billion. For more information, visit http://www.verizon.com.

VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.

Source: Verizon

CONTACT: Jon Davies of Verizon, +1-805-372-6969, jon.davies@verizon.com

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

Company News On-Call: http://www.prnewswire.com/comp/094251.html

Tags PR Press Release

PPGI Releases FY 2009 Financial Results

Poster: SySAdmin

Posted on April 1, 2010 at 3:42:01 PM

PPGI Releases FY 2009 Financial Results

NORTHVALE, N.J., March 31 -- Photonic Products Group, Inc. (BULLETIN BOARD: PHPG) today reported its consolidated financial results for the year ended December 31, 2009.

Fourth quarter sales of $3.0 million declined by 30% from $4.3 million in the corresponding quarter of 2008. Sales for the year were $11.1 million, or approximately 32% below last year's all-time high of $16.3 million. All three of the Company's brands had a sales decline for the year.

Bookings for 2009 were $9.5 million, a decrease of 27% from $13.0 million a year earlier. Year-end backlog was $4.4 million versus $6.1 million at the end of 2008.

Net (loss) income applicable to common shareholders was $(26,000) for the fourth quarter of 2009, compared to $144,000, last year in the comparable period, which included a deferred tax benefit from income taxes of $87,000. Fourth quarter (loss) earnings per share was $0.00 basic and diluted in 2009 and $0.01 basic and diluted in 2008, respectively.

For the year ended December 31, 2009, the Company's net (loss) applicable to shareholders was $(2.8) million, including a non-cash goodwill impairment charge of $1.6 million against the full carrying value of goodwill in its Florida subsidiary. In 2008, the Company reported net income applicable to common shareholders of $1.1 million. For 2009, basic and diluted (loss) per share was $(0.25) compared to earnings per share of $0.10 basic and $0.08 diluted for 2008. The 2008 results include the positive impact of a deferred tax benefit of $408,000.

Despite lower sales in the fourth quarter compared to the fourth quarter of last year, gross profit margin as a percentage of sales ("GPM") increased, reflecting the positive impact of management's cost reductions implemented throughout 2009. Fourth quarter 2009 GPM was 25.3% of sales or $747,000, up from 23.8% of sales, or $1.03 million in 2008. For fiscal 2009, GPM of $2.15 million or 19.5% of sales decreased from $4.8 million or 29.5% of sales in the previous year.

EBITDA(1) for the year was a loss of $(1.6) million versus EBITDA of $2.1 million in 2008. Excluding the $1.6 million goodwill impairment charge which the Company recorded in the third quarter of 2009, adjusted EBITDA(2) for the year was $10,000.

During the year, the Company continued to reduce its debt obligations by paying the balance of $125,000 on a Promissory Note originally issued by the Company in 2004, as part of the purchase price of its Florida subsidiary.

Net cash flow from operating activities improved for the year to $815,000 compared to $548,000 in 2008. Cash flows were favorably impacted by reductions in accounts receivable and inventory balances, net of lower accounts payable and customer advances. Although the Company incurred losses in 2009, PPGI ended the year in a strong cash position, up $597,000 from the previous year balance including certificates of deposit.

Joe Rutherford, President and CEO of PPGI stated, "The severe economic recession affected most of the markets we served in 2009 and continues to impact our business in the first quarter of 2010. The company experienced an increase in business from the universities/national laboratories sector but this was not significant enough to offset the severe downturn in the semiconductor related marketplace that we serve. In addition, sales of products into the defense/aerospace marketplace declined due to program delays and/or cutbacks. We do, however, have reason to be optimistic that the economy and the markets we serve, are improving due to a significant increase in requests for quotes in the fourth quarter of 2009 and orders received in the first quarter of 2010. During the past year we increased our efforts to improve our international sales and are seeing encouraging interest and demand for our products in both Europe and the Far East. Our focus remains on improving our customer relationships, and decreasing our product cost while improving our product quality through process improvements."

"During 2009 the Company strengthened its cash position, made selective capital investments to improve our metrology, and prioritized our efforts in the development of new products to be released in 2010. In the first quarter of 2010, we are adding to our engineering and sales staff in order to better serve our customers and to respond to the improved business environment anticipated in 2010. We look forward to the future with cautious optimism."

(1, 2) Note Regarding Use of Certain Non-GAAP Financial Measures:

The Company defines EBITDA(1) as (loss) earnings before non-cash, stock-based compensation, net interest, income taxes, depreciation, and amortization. Adjusted EBITDA(2) is calculated by excluding the goodwill impairment charge from the EBITDA results. EBITDA and adjusted EBITDA are presented herein because we consider these numbers an important measure of the Company's ability to internally fund capital expenditures and service debt. EBITDA and adjusted EBITDA should not be considered an alternative to cash flow as an indicator of the Company's financial performance, or liquidity. The reader is referred to the Supplemental Financial Data set forth below for a reconciliation of net (loss) income to EBITDA.

The reconciliation follows:

At December 31,
---------------
Reconciliation of
EBITDA and adjusted
EBITDA to Net (Loss)
Income 2009 2008
---- ----
(in thousands)
Net (loss) income, as
reported $(2,800) $1,098
Net income tax
provision (benefit) - (303)
Interest expense, net 131 170
Depreciation and
amortization 1,008 1,060
Non-cash, stock-
based compensation 113 88
--- ---
EBITDA $(1,548) $2,113
Goodwill impairment
charge 1,558 -
----- ---
Adjusted EBITDA $10 $2,113
=== ======

Founded in 1973, Photonic Products Group, Inc. develops, manufactures, and markets products and services for use in diverse Photonics industry sectors via its portfolio of distinctly branded businesses. INRAD specializes in crystal-based optical components and devices, laser accessories and instruments. Laser Optics specializes in precision custom optical components, assemblies, and optical coatings. MRC Optics' business specializes in precision diamond turned optics, metal optics, and opto-mechanical and electro-optical assemblies. PPGI's customers include leading corporations in the Defense and Aerospace, Laser Systems, and Process Control and Metrology sectors of the Photonics Industry, as well as the U.S. Government. Its products are also used by researchers at National Laboratories and Universities world-wide.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "believes", "expects", "should", "will", "plan", "anticipate", "probably", "targeting" or similar words. Such forward-looking statements, such as our expectation for revenues, new orders, and improved results involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and uncertainties that could cause actual results to differ materially from such forward looking statements are, but are not limited to, uncertainties in market demand for the company's products or the products of its customers, future actions by competitors, inability to deliver product on time, inability to develop new business, inability to retain key employees or hire new employees, and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission. The forward looking statements made in this news release are made as of the date hereof and Photonic Products Group, Inc. does not assume any obligation to update publicly any forward looking statement.

PHOTONIC PRODUCTS GROUP, INC AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

December 31,
------------
2009 2008
---- ----
Assets
------
Current assets:
Cash and cash equivalents $4,069,310 $2,672,087
Certificates of deposit - 800,000
Accounts receivable (after
allowance for doubtful
accounts of $15,000 in
2009 and 2008) 1,927,672 2,810,602
Inventories, net 2,265,973 2,732,336
Other current assets 164,081 188,084
------- -------
Total Current Assets 8,427,036 9,203,109
--------- ---------
Plant and equipment:
Plant and equipment at cost 14,604,728 14,445,027
Less: Accumulated
depreciation and
amortization (12,016,247) (11,139,771)
----------- -----------
Total plant and equipment 2,588,481 3,305,256
Precious Metals 157,443 112,851
Deferred Income Taxes 408,000 408,000
Goodwill 311,572 1,869,646
Intangible Assets, net of
accumulated amortization 673,016 751,580
Other Assets 45,192 81,707
------ ------
Total Assets $12,610,740 $15,732,149
=========== ===========

Liabilities and
Shareholders' Equity
---------------------
Current Liabilities:
Current portion of notes
payable -other $9,000 $136,892
Accounts payable and
accrued liabilities 1,632,650 2,160,665
Customer advances 346,429 456,754
------- -------
Total Current Liabilities 1,988,079 2,754,311

Related Party Convertible
Notes Payable 2,500,000 2,500,000
Notes Payable - Other, net
of current portion 344,946 353,663
------- -------
Total Liabilities 4,833,025 5,607,974
--------- ---------

Commitments

Shareholders' equity:
Common stock: $.01 par
value; 60,000,000
authorized shares
11,443,347 issued at
December 31, 2009 and
11,230,678 issued at
December 31, 2008 114,433 112,306
Capital in excess of par
value 17,073,871 16,622,466
Accumulated deficit (9,395,639) (6,595,647)
---------- ----------
7,792,665 10,139,125

Less -Common stock in
treasury, at cost (4,600
shares) (14,950) (14,950)
------- -------
Total Shareholders' Equity 7,777,715 10,124,175
--------- ----------
Total Liabilities and
Shareholders' Equity $12,610,740 $15,732,149
=========== ===========

PHOTONIC PRODUCTS GROUP, INC AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

Years Ended
December 31,
------------
2009 2008 2007
Revenues
Net sales $11,051,127 $16,301,209 $15,099,878

Cost and expenses
Cost of goods sold 8,896,539 11,486,620 9,141,049
Selling, general and
administrative
expense 3,278,161 3,857,805 3,561,570
Goodwill Impairment
Charge 1,558,074 - -
--------- --- ---
13,732,774 15,344,425 12,702,619
---------- ---------- ----------

Operating (loss)
income (2,681,647) 956,784 2,397,259

Other income
(expense)
Interest expense, net (130,387) (170,476) (261,327)
Gain on sale of plant
and equipment 4,671 9,113 -
Gain (loss) on sale
of precious metals 7,371 - (5,851)
(118,345) (161,363) (267,178)
-------- -------- --------

(Loss) income before
income taxes and
preferred stock
dividends (2,799,992) 795,421 2,130,081

Income tax benefit
(provision) - 303,000 (250,000)
--- ------- --------

Net (loss) income (2,799,992) 1,098,421 1,880,081

Preferred stock
dividends - - (238,167)
--- --- --------

Net (loss) income
applicable to common
shareholders $(2,799,992) $1,098,421 $1,641,914
=========== ========== ==========

Net (loss) income per
share -basic $(0.25) $0.10 $0.19
====== ===== =====

Net (loss) income per
share -diluted $(0.25) $0.08 $0.13
====== ===== =====

Weighted average
shares outstanding -
basic 11,331,258 10,902,061 8,609,822
========== ========== =========

Weighted average
shares outstanding -
diluted 11,331,258 15,619,304 13,777,114
========== ========== ==========

PHOTONIC PRODUCTS GROUP, INC AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

Years Ended
December 31,
------------
2009 2008 2007
Cash flows from
operating
activities:
Net (loss) income $(2,799,992) $1,098,421 $1,880,081
---------- ----------

Adjustments to
reconcile net (loss)
income to net cash
provided by
operating
activities:
Depreciation and
amortization 1,008,310 1,059,741 1,119,887
Goodwill impairment
charge 1,558,074 - -
401K common stock
contribution 179,068 160,180 166,694
Deferred income taxes - (408,000) -
Gain on sale of plant
and equipment (4,671) (9,113) -
(Gain) loss on sale
of precious metal (7,371) - 5,851
Stock-based
compensation expense 112,950 88,417 34,074
Change in inventory
reserve 94,628 302,511 163,391

Changes in operating
assets and
liabilities:
Accounts receivable 882,930 (628,743) 214,627
Inventories 371,735 (103,767) (758,438)
Other current assets 24,003 (24,019) 12,522
Other assets 34,107 7,865 32,854
Accounts payable and
accrued liabilities (528,015) (581,301) 246,568
Customer advances (110,325) (413,796) (117,413)
-------- -------- --------
Total adjustments 3,615,423 (550,025) 1,120,617
--------- -------- ---------
Net cash provided by
operating activities 815,431 548,396 3,000,698
------- ------- ---------

Cash flows from
investing
activities:
Proceeds (purchase)
of certificates of
deposit 800,000 (800,000) -
Purchase of plant and
equipment (210,563) (784,534) (246,518)
Purchase of precious
metals (53,538) - -
Proceeds from sale of
plant and equipment 4,671 10,000 -
Proceeds from sale of
precious metals 16,317 - 12,030
------ --- ------
Net cash provided by
(used in) investing
activities 556,887 (1,574,534) (234,488)
------- ---------- --------

Cash flows from
financing
activities:
Net proceeds from
issuance of common
stock 161,514 1,064,357 445,247
Redemption of Series
B Preferred shares - - (50,000)
Principal payments of
notes payable-other (136,609) (14,989) (647,215)
Principal payments of
convertible
promissory notes - (1,700,000) (1,000,000)
Principal payments of
capital lease
obligations - (47,088) (196,349)
--- ------- --------
Net cash provided by
(used in) financing
activities 24,905 (697,720) (1,448,317)
------ -------- ----------

Net increase
(decrease) in cash
and cash equivalents 1,397,223 (1,723,859) 1,317,893

Cash and cash
equivalents at
beginning of the
year 2,672,087 4,395,945 3,078,052

$4,069,310 $2,672,087 $4,395,945
Cash and cash
equivalents at end
of the year

Supplemental
Disclosure of Cash
Flow Information:
Interest paid $19,000 $508,000 $298,000
------- -------- --------
Income taxes (refund)
paid $(8,000) $408,000 $69,000
------- -------- -------

Source: Photonic Products Group, Inc.

CONTACT: William J. Foote of Photonic Products Group, Inc.,
+1-201-767-1910

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

Tags PR Press Release

CPSI Announces the Acquisition of Devon Consulting

Poster: SySAdmin

Posted on April 1, 2010 at 3:35:01 PM

CPSI Announces the Acquisition of Devon Consulting

Top I.T. Consulting and Staffing Firms Join Forces

BALTIMORE, March 31 -- CPSI, the area's leading provider of Information Technology consulting and staffing services, has acquired Devon Consulting, an Information Technology and Clinical/Scientific staffing company based in Wayne, Pennsylvania. Devon Consulting has provided high-quality, temporary and permanent staffing services to F1000 clients in the mid-Atlantic region for over 25 years. The merged entities will formally be known as Devon Consulting-CPSI, Inc.

"With the combined operation, the acquisition of Devon Consulting expands our service capabilities for all of our clients. The broader reach in the mid-Atlantic region for IT, and the addition of Clinical and Scientific services, will allow our clients to source more skills from a single vendor," says John Eckenrode, President of the combined company.

CPSI has an extensive database of esteemed commercial clientele and federal contractors.

The main benefit of the acquisition is for our clients, who can expect to receive top quality service from professional, skilled consultants. Combined, both companies contribute more than 50 years of staffing and consulting experience.

About CPSI

CPSI is an Information Technology consulting and staffing organization headquartered in Baltimore, Maryland. CPSI has two divisions that serve the Commercial and Federal markets throughout the Baltimore-Washington, DC corridor. CPSI celebrates its 25th year in business in 2010. To learn more about CPSI, please visit http://www.cpsi-md.com.

About Devon Consulting

For over 25 years Devon has provided high-quality IT and Clinical/Scientific talent to a large client base nationwide, and offers one of the industry's fastest response rates for temporary and permanent staffing. Devon's strong ties within the life sciences community have enabled them to become one of the region's top suppliers of temporary clinical research practitioners for the pharmaceutical, biotech, CRO and related industries. To learn more about Devon Consulting please visit http://www.devonconsulting.com

Contact: John Larson
720-A Maiden Choice Ln
Baltimore, MD 21228
410-455-0005
http://www.cpsi-md.com

Source: CPSI

CONTACT: John Larson, +1-410-455-0005

Web Site: http://www.cpsi-md.com/

Tags PR Press Release

Crackle.com Launches Acclaimed International Suspense Web Series 'Urban Wolf'

Poster: SySAdmin

Posted on April 1, 2010 at 3:28:01 PM

Crackle.com Launches Acclaimed International Suspense Web Series 'Urban Wolf'

Series To Debut May 13, 2010

CULVER CITY, Calif., March 31 -- Crackle, Sony Pictures Entertainment's online video network, announced today that it has licensed worldwide distribution rights to the acclaimed international suspense series, "Urban Wolf." The first of the 15 episodes, each 4 minutes long, will debut Thursday, May 13 on Crackle.com, with new episodes airing through May 27.

"We licensed the rights to this project knowing the series would be a key piece of our schedule," said Lisa Dubbe-Herbert, vice president, programming, Crackle. "This suspenseful thriller addresses a timely issue and keeps you guessing until the very end. Its high production value and cinematic approach falls in line with what our viewers want."

Filmed entirely on location in Paris, France, "Urban Wolf" stars Vincent Sze (a noted actor from the Hong Kong cinema scene) as a former MIT student who travels to Paris for a job interview. Walking the streets of the city, he begins to notice the numerous surveillance cameras that seemingly follow his every movement. What begins as a simple case of paranoia quickly escalates to full-blown fear as the sinister forces behind the cameras and technology emerge to relentlessly pursue the innocent American, testing his survival instincts.

eGuiders said, "Flagged as a 'dark horse' by this year's ComicCon bloggers, 'Urban Wolf' may become the first successful international thriller webs series." In addition, "Urban Wolf" was named Best Drama in the web series category of the 2009 Independent Television (ITV) Festival, and was also an official selection of the 2009 American Film Institute DigiFest. The series also had a well-received screening at the 2009 San Diego Comic-Con.

"Urban Wolf" is written, produced and directed by Laurent Touil Tartour. The music is by Thierry Caroubi. The series is produced by Napoleon Premiere.

About Crackle.com

Crackle, Inc., a Sony Pictures Entertainment Company, is a multi-platform next-generation video entertainment network that distributes digital content including original short form series and full-length traditional programming from Sony Pictures' vast library of television series and feature films. Crackle is one of the fastest growing entertainment destinations on the Internet today, offering audience's quality programming in a variety of genres, including comedy, action, sci-fi, horror, music and reality. Crackle reaches a global audience through its impressive online and mobile distribution network.

Press Contacts:
Karen Barragan, 310-244-6467, karen_barragan@spe.sony.com
Melissa Armstrong, 310-244-3792, Melissa_armstrong@spe.sony.com
John Smith, 424-901-8731, John.Smith@42West.net

Source: Sony Pictures Entertainment

CONTACT: Karen Barragan, +1-310-244-6467, karen_barragan@spe.sony.com,
or Melissa Armstrong, +1-310-244-3792, Melissa_armstrong@spe.sony.com, both of
Sony Pictures Entertainment; or John Smith, +1-424-901-8731,
John.Smith@42West.net, for Sony Pictures Entertainment

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

Tags PR Press Release

ISA and ANSI Release New Action Guide to Help Business Leaders Mitigate the Risk and Damage of Cyber Attacks

Poster: SySAdmin

Posted on April 1, 2010 at 3:21:01 PM

ISA and ANSI Release New Action Guide to Help Business Leaders Mitigate the Risk and Damage of Cyber Attacks

The Financial Management of Cyber Risk: An Implementation Framework for CFOs

WASHINGTON, March 31 -- The Internet Security Alliance (ISA) and the American National Standards Institute (ANSI) released today a new action guide to assist business executives in the analysis, management, and transfer of financial risk related to a cyber attack.

According to the White House Cyberspace Policy Review, between 2008 and 2009, American business losses due to cyber attacks had grown to more than $1 trillion of intellectual property. In this report, the President asked for a program that would help assign monetary value to cyber risks and consequences, giving organizations greater ability and incentive to address cybersecurity.

The new ISA-ANSI publication, The Financial Management of Cyber Risk: An Implementation Framework for CFOs, responds directly to the President's request, offering a pragmatic action plan that addresses cybersecurity from an enterprise-wide perspective.

"Business is currently on the front lines of a raging cyber war that is costing trillions of dollars and endangering our national security," said Larry Clinton, president of the ISA. "Effective, low-cost mechanisms are already in place to shield against many elements of the cyber threat. But too often executive leaders wait until they are compromised to develop a plan of action, damaging their company's reputation and incurring additional cost. The guide we are releasing today provides a practical and easy-to-understand framework for executives to assess and manage their cyber infrastructure."

Developed by a cross-sector task force of more than sixty industry and government experts, this publication has been funded and managed by the private sector and is offered as a free resource on cyber risk mitigation for organizations across the country. The Financial Management of Cyber Risk: An Implementation Framework for CFOs approaches the financial impact of cyber risks from an holistic perspective, including relevant chapters that touch upon the core business functions of all organizations, no matter the size or industry sector.

"By bringing together this diverse group of cyber security experts, ISA and ANSI have identified the potential gaps in the process of analyzing cyber risk," said Fran Schrotter, senior vice president and chief operating officer at ANSI. "We have given C-suite executives a tool that will assist them in developing and implementing a cyber risk management plan for their entire organization."

In addition to strategic questions, the action guide offers sample charts to aid in calculating the probability and severity of financial loss from both risk events and the actions taken to mitigate them. The guide also includes a list of standards and reference documents to help businesses develop comprehensive risk management frameworks.

The Financial Management of Cyber Risk was unveiled this morning during a press conference at the National Press Club in Washington, DC. Electronic copies of the publication are available for free download at http://webstore.ansi.org/cybersecurity.

Symantec, a premium sponsor of The Financial Management of Cyber Risk, attended this morning's press conference. Justin Somaini, chief information security officer of Symantec Corp., was on hand to express the value of this implementation framework to American businesses, describing the guide as "an invaluable resource for every C-level executive." Partner sponsors Direct Computer Resources, Inc. and Phillips Nizer were also in attendance.

"Cyber security is vital to our economic well-being - both on an enterprise level and a national level," Clinton said. "ISA and ANSI are pleased to offer this volume as a pragmatic first step in the effort to create a sustainable system of 21st century information security."

FREE DOWNLOAD: http://webstore.ansi.org/cybersecurity

About ISA (http://www.isalliance.org)

The Internet Security Alliance is a multi-sector trade association established in collaboration with Carnegie Mellon University in 2000. ISA's mission is to combine advanced technology with the pragmatic business needs of its members and help create effective public policy leading to a sustainable system of world-wide cybersecurity. ISA advocates a modernized social contract between industry and government creating market based incentives to motivate enhanced security of cyber systems. ISA provides its members with a range of technical, business and public policy services to assist them in fulfilling their mission.

About ANSI (http://www.ansi.org)

ANSI is a private non-profit organization whose mission is to enhance U.S. global competitiveness and the American quality of life by promoting, facilitating, and safeguarding the integrity of the voluntary standardization and conformity assessment system. Its membership is comprised of businesses, professional societies and trade associations, standards developers, government agencies, and consumer and labor organizations. The Institute represents the diverse interests of more than 125,000 companies and organizations and 3.5 million professionals worldwide.

Source: American National Standards Institute

CONTACT: Liz Neiman of American National Standards Institute,
+1-212-642-4911, eneiman@ansi.org; or Daniel Fowler of Internet Security
Alliance, +1-914-450-4557, dfowler@isalliance.org

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

Tags PR Press Release

March 31, 2010

BRG Is Now an e2Campus Certified Endpoint Provider

Poster: SySAdmin

Posted on March 31, 2010 at 12:14:01 PM

BRG Is Now an e2Campus Certified Endpoint Provider

Wireless indoor speaker systems and fire alarm interface now broadcast e2Campus alerts automatically

LONG BEACH, Calif., March 31 -- From booth #P525 at the Campus Safety Conference, Omnilert® LLC today announced that BRG Precision Products, Inc. has become the newest e2Campus® Certified Endpoint Provider (CEP). BRG's wireless indoor speakers and fire alarm interface are now easily configurable to automatically receive and broadcast e2Campus alerts. This integration helps schools during an emergency or crisis to alert students, faculty, staff, visitors and others not subscribed to the e2Campus emergency notification system. It also helps schools comply with ADA Standards by simultaneously alerting the visually impaired.

The new connection allows clients to send e2Campus alerts through BRG's wireless infrastructure without the need for accessing BRG's control program separately. This shortens the delivery time and increases the accuracy of emergency announcements to the client's entire facility or campus.

Jim Johnson is the Risk Manager at University of Wisconsin Oshkosh and has implemented both e2Campus and BRG products. Mr. Johnson said, "Now that our BRG wireless speakers are certified to integrate with e2Campus, we are certainly going to look into connecting them for easier operation during an emergency. We use BRG's wireless audio driver to interface with our existing fire alarm systems that provide voice capabilities. For our buildings with fire alarm systems that do not have voice capability, it was more cost effective for us to install BRG's wireless speakers."

"e2Campus alerts can be heard in more places now that we're a CEP," says Michael Garven, Director of Sales for BRG Precision Products. "Within moments of issuing an alert on e2Campus, our BRG products will use a reliable licensed UHF radio frequency to broadcast that same alert. It allows public safety officers and school officials to reach more people in more places on campus."

e2Campus clients who employ BRG products can quickly and easily connect e2Campus to BRG's control program. There are no additional fees from e2Campus for the connection. e2Campus clients interested in BRG's products should contact their e2Campus account manager for details. One BRG wireless indoor speaker sells for about $525.

About BRG Precision Products

BRG provides a turnkey EMC solution from system design and manufacturing to installation and system support. BRG serves a variety of markets including the federal government, corporations, higher education, healthcare, and K-12. BRG provides outdoor broadcast systems, wireless indoor speakers, wireless message boards, and the interoperability that allows clients to utilize existing fire alarm systems, PA systems, outdoor broadcast systems and text messaging systems. The BRG EMC System includes content creation and management software updates at no additional charge. To learn more, please call 800-295-0220 or visit http://www.brgwireless.com. See BRG at booth #522.

About e2Campus

Used by more than 700 schools around the country, e2Campus is the first and most trusted unified emergency notification system in education. The award-winning, CAP compliant, Tier-1 notification system enables non-technical staff to administer and send custom or predefined messages instantly to the entire campus community for improved crisis communications. There is no traditional software to install, no hardware to buy and no additional phone lines needed. Through one unified interface, e2Campus instantly and simultaneously sends multimodal alerts to a subscriber's mobile phone (via SMS text message), landline phone (via voice message), computer desktop (pop-up), and e-mail accounts, plus school infrastructure such as PA systems, digital signage, alert beacons, Facebook Pages, Twitter Accounts, and relevant school Web pages. To learn more, visit http://www.e2campus.com/.

About Omnilert

Omnilert, LLC is the leading provider of unified mass notification systems for better business continuity, emergency management, and routine communication. The easy-to-use, self-service, Web-based system enables a single person to communicate timely information to thousands of people anywhere, anytime, on any device or service. The award-winning company's 3,000 clients include the U.S. Army, GE, Harvard University, Boeing, American Red Cross, UNICEF, sanofi-aventis, and the National Institutes of Health. Omnilert solutions are sold under the brand names e2Campus, Amerilert, and RainedOut. The privately held company is headquartered in Leesburg, Va., and at http://www.omnilert.com/ online.

Source: Omnilert, LLC

CONTACT: Bryan Crum of Omnilert, LLC, +1-800-936-3525 ext. 703,
bcrum@omnilert.com

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

Tags PR Press Release

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Rockingham County, VA

Poster: SySAdmin

Posted on March 31, 2010 at 12:14:01 PM

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Rockingham County, VA

- Data Capacity Increased to Enable Faster Uploads and Downloads - 2009 Regional Network Investment Tops $274 M to Further Enhance 3G Network Advantage - More Than $2.3 B Invested Regionally Since 2000 - Meet Local Real Life Network Test Man

LAUREL, Md., March 31 -- In a continuing effort to provide the best wireless service for local residents in Hinton and surrounding communities, Verizon Wireless has expanded its network with a new cell site. The new cell site increases the capacity of the company's wireless voice and data network along Route 33 west of Hinton plus north and south on Route 613.

The increased coverage is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. Lat year alone, the company spent $274 million on regional network improvements, bringing total network investment in the region since 2000 to more than $2.3 billion.

"Even the most sophisticated wireless device is only as good as the network it runs on," said Mike Maiorana. "Verizon Wireless continues to invest in our network and add capacity to stay ahead of growing demand and ensure our customers have an even better wireless experience tomorrow than they had today."

Verizon Wireless has the nation's largest and most reliable 3G broadband network with five times the coverage of other networks which makes advanced services like turn-by-turn navigation, over-the-air downloads of the latest applications, text/picture messaging, video and music downloads, web browsing and 3D gaming possible. Customer demand for these advanced services continues to grow.

The company's "nation's most reliable wireless network" reputation is based on network studies performed by real-life test men and test women throughout the country. These engineers drive nearly 100 specially equipped vehicles more than 1 million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 3 million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.*Results from this internal network quality assurance test program confirm that Verizon Wireless is the 3G network quality leader in the Virginia, Maryland and DC region, and correlate with other third-party network quality findings, including J.D. Power and Associates. Verizon Wireless ranked "Highest for Call Quality Performance among Wireless Cell Phone Users in the Mid-Atlantic" in the J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM) Volume 1. The J.D. Power and Associates study measures call quality among the major U.S. wireless service providers based on factors that impact overall carrier performance*.

In addition to enhancing its 3G network, Verizon Wireless has also begun testing its 4G network which it plans to deploy in 2010 in 25 to 30 U.S. markets, covering 100 million people. Verizon Wireless' 4G Long Term Evolution (LTE) wireless network will offer dramatically higher wireless speeds and reliability than even today's most advanced 3G network.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 91 million customers. Headquartered in Basking Ridge, N.J., with 83,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (Nasdaq and LSE: VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

* Verizon Wireless received the highest numerical score among wireless providers in the proprietary J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM)--Vol. 1 Study based on 23,373 total responses measuring 4 providers in the Mid-Atlantic Region (DE, DC, MD, NJ, PA, VA, WV) and measures opinions of wireless users about the call quality of their service. Proprietary study results are based on experiences and perceptions of consumers surveyed in July-December 2009. Your experience may vary. Visit jdpower.com

Source: Verizon Wireless

CONTACT: Melanie Ortel, +1-240-568-1429,
Melanie.Ortel@VerizonWireless.com; or Sherri Cunningham, +1-202-364-5856,
Twitter: @VZWPRDC

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

Tags PR Press Release

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Prince William County, VA

Poster: SySAdmin

Posted on March 31, 2010 at 12:14:01 PM

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Prince William County, VA

- Data Capacity Increased to Enable Faster Uploads and Downloads - 2009 Regional Network Investment Tops $274 M to Further Enhance 3G Network Advantage - More Than $2.3 B Invested Regionally Since 2000 - Meet Local Real Life Network Test Man

LAUREL, Md., March 31 -- In a continuing effort to provide the best wireless service for local residents in Woodbridge, Va., Verizon Wireless has completed work that increases the capacity of both its wireless voice and data network in the area of Marumsco Creek and along Jefferson Davis Highway.

The increased coverage is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. Last year alone, the company spent $274 million on regional network improvements, bringing total network investment in the region since 2000 to more than $2.3 billion.

"Even the most sophisticated wireless device is only as good as the network it runs on," said Mike Maiorana. "Verizon Wireless continues to invest in our network and add capacity to stay ahead of growing demand and ensure our customers have an even better wireless experience tomorrow than they had today."

Verizon Wireless has the nation's largest and most reliable 3G broadband network with five times the coverage of other networks which makes advanced services like turn-by-turn navigation, over-the-air downloads of the latest applications, text/picture messaging, video and music downloads, web browsing and 3D gaming possible. Customer demand for these advanced services continues to grow.

The company's "nation's most reliable wireless network" reputation is based on network studies performed by real-life test men and test women throughout the country. These engineers drive nearly 100 specially equipped vehicles more than 1 million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 3 million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.*Results from this internal network quality assurance test program confirm that Verizon Wireless is the 3G network quality leader in the Virginia, Maryland and DC region, and correlate with other third-party network quality findings, including J.D. Power and Associates. Verizon Wireless ranked "Highest for Call Quality Performance among Wireless Cell Phone Users in the Mid-Atlantic" in the J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM) Volume 1. The J.D. Power and Associates study measures call quality among the major U.S. wireless service providers based on factors that impact overall carrier performance*.

In addition to enhancing its 3G network, Verizon Wireless has also begun testing its 4G network which it plans to deploy in 2010 in 25 to 30 U.S. markets, covering 100 million people. Verizon Wireless' 4G Long Term Evolution (LTE) wireless network will offer dramatically higher wireless speeds and reliability than even today's most advanced 3G network.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 91 million customers. Headquartered in Basking Ridge, N.J., with 83,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (Nasdaq and LSE: VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

* Verizon Wireless received the highest numerical score among wireless providers in the proprietary J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM)-Vol. 1 Study based on 23,373 total responses measuring 4 providers in the Mid-Atlantic Region (DE, DC, MD, NJ, PA, VA, WV) and measures opinions of wireless users about the call quality of their service. Proprietary study results are based on experiences and perceptions of consumers surveyed in July-December 2009. Your experience may vary. Visit jdpower.com

Source: Verizon Wireless

CONTACT: Melanie Ortel of Verizon Wireless, +1-240-568-1429,
Melanie.Ortel@VerizonWireless.com, or Sherri Cunningham, +1-202-364-5856,
Twitter: @VZWPRDC

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

Tags PR Press Release

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Gloucester County, Virginia

Poster: SySAdmin

Posted on March 31, 2010 at 12:07:01 PM

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Gloucester County, Virginia

- Data Capacity Increased to Enable Faster Uploads and Downloads - 2009 Regional Network Investment Tops $274 M to Further Enhance 3G Network Advantage - More Than $2.3 B Invested Regionally Since 2000 - Meet Local Real Life Network Test Man

LAUREL, Md., March 31 -- In a continuing effort to provide the best wireless service for local residents in Gloucester County, Verizon Wireless has completed work that improves the capacity of both its wireless voice and data network.

The increased coverage is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. Last year alone, the company spent $274 million on regional network improvements, bringing total network investment in the region since 2000 to more than $2.3 billion.

"Even the most sophisticated wireless device is only as good as the network it runs on," said Mike Maiorana. "Verizon Wireless continues to invest in our network and add capacity to stay ahead of growing demand and ensure our customers have an even better wireless experience tomorrow than they had today."

Verizon Wireless has the nation's largest and most reliable 3G broadband network with five times the coverage of other networks which makes advanced services like turn-by-turn navigation, over-the-air downloads of the latest applications, text/picture messaging, video and music downloads, web browsing and 3D gaming possible. Customer demand for these advanced services continues to grow.

The company's "nation's most reliable wireless network" reputation is based on network studies performed by real-life test men and test women throughout the country. These engineers drive nearly 100 specially equipped vehicles more than 1 million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 3 million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.*

Results from this internal network quality assurance test program confirm that Verizon Wireless is the 3G network quality leader in the Virginia, Maryland and DC region, and correlate with other third-party network quality findings, including J.D. Power and Associates. Verizon Wireless ranked "Highest for Call Quality Performance among Wireless Cell Phone Users in the Mid-Atlantic" in the J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM) Volume 1. The J.D. Power and Associates study measures call quality among the major U.S. wireless service providers based on factors that impact overall carrier performance*.

In addition to enhancing its 3G network, Verizon Wireless has also begun testing its 4G network which it plans to deploy in 2010 in 25 to 30 U.S. markets, covering 100 million people. Verizon Wireless' 4G Long Term Evolution (LTE) wireless network will offer dramatically higher wireless speeds and reliability than even today's most advanced 3G network.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 91 million customers. Headquartered in Basking Ridge, N.J., with 83,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (Nasdaq and LSE: VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

* Verizon Wireless received the highest numerical score among wireless providers in the proprietary J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM)--Vol. 1 Study based on 23,373 total responses measuring 4 providers in the Mid-Atlantic Region (DE, DC, MD, NJ, PA, VA, WV) and measures opinions of wireless users about the call quality of their service. Proprietary study results are based on experiences and perceptions of consumers surveyed in July-December 2009. Your experience may vary. Visit jdpower.com

Source: Verizon Wireless

CONTACT: Melanie Ortel, +1-240-568-1429,
Melanie.Ortel@VerizonWireless.com, or Sherri Cunningham, +1-202-364-5856,
Twitter: @VZWPRDC

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

Tags PR Press Release

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Appomattox, VA

Poster: SySAdmin

Posted on March 31, 2010 at 11:49:01 AM

Verizon Wireless Increases Call-Handling and 3G Data Capacity in Appomattox, VA

- Data Capacity Increased to Enable Faster Uploads and Downloads - 2009 Regional Network Investment Tops $274 M to Further Enhance 3G Network Advantage - More Than $2.3 B Invested Regionally Since 2000 - Meet Local Real Life Network Test Man

LAUREL, Md., March 31 -- In a continuing effort to provide the best wireless service for local residents in Appomattox, Va., Verizon Wireless has expanded its network with a new cell site. The new cell site increases the capacity of the company's wireless voice and data network within city limits and along Route 460 east toward Farmville.

The increased coverage is part of the company's aggressive multi-billion dollar network investment each year to stay ahead of the growing demand for Verizon Wireless' voice and data services. Last year alone, the company spent $274 million on regional network improvements, bringing total network investment in the region since 2000 to more than $2.3 billion.

"Even the most sophisticated wireless device is only as good as the network it runs on," said Mike Maiorana. "Verizon Wireless continues to invest in our network and add capacity to stay ahead of growing demand and ensure our customers have an even better wireless experience tomorrow than they had today."

Verizon Wireless has the nation's largest and most reliable 3G broadband network with five times the coverage of other networks which makes advanced services like turn-by-turn navigation, over-the-air downloads of the latest applications, text/picture messaging, video and music downloads, web browsing and 3D gaming possible. Customer demand for these advanced services continues to grow.

The company's "nation's most reliable wireless network" reputation is based on network studies performed by real-life test men and test women throughout the country. These engineers drive nearly 100 specially equipped vehicles more than 1 million miles annually on Interstate, U.S. and state highways, as well as major roads and surface streets. Test vehicles are equipped with computers that automatically make more than 3 million voice call attempts and more than 16 million data tests annually on Verizon Wireless' network and the networks of other carriers.* Results from this internal network quality assurance test program confirm that Verizon Wireless is the 3G network quality leader in the Virginia, Maryland and DC region, and correlate with other third-party network quality findings, including J.D. Power and Associates. Verizon Wireless ranked "Highest for Call Quality Performance among Wireless Cell Phone Users in the Mid-Atlantic" in the J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM) Volume 1. The J.D. Power and Associates study measures call quality among the major U.S. wireless service providers based on factors that impact overall carrier performance*.

In addition to enhancing its 3G network, Verizon Wireless has also begun testing its 4G network which it plans to deploy in 2010 in 25 to 30 U.S. markets, covering 100 million people. Verizon Wireless' 4G Long Term Evolution (LTE) wireless network will offer dramatically higher wireless speeds and reliability than even today's most advanced 3G network.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 91 million customers. Headquartered in Basking Ridge, N.J., with 83,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (Nasdaq and LSE: VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.

* Verizon Wireless received the highest numerical score among wireless providers in the proprietary J.D. Power and Associates 2010 Wireless Call Quality Performance Study(SM)-Vol. 1 Study based on 23,373 total responses measuring 4 providers in the Mid-Atlantic Region (DE, DC, MD, NJ, PA, VA, WV) and measures opinions of wireless users about the call quality of their service. Proprietary study results are based on experiences and perceptions of consumers surveyed in July-December 2009. Your experience may vary. Visit jdpower.com

Source: Verizon Wireless

CONTACT: Melanie Ortel of Verizon Wireless, +1-240-568-1429,
Melanie.Ortel@VerizonWireless.com, or Sherri Cunningham, +1-202-364-5856,
Twitter: @VZWPRDC

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

Tags PR Press Release

Go Daddy Joins Leading Financial Institutions and Internet Service Providers to Eliminate Child Pornography on the Internet

Poster: SySAdmin

Posted on March 31, 2010 at 11:28:01 AM

Go Daddy Joins Leading Financial Institutions and Internet Service Providers to Eliminate Child Pornography on the Internet

Go Daddy, the World's Largest Internet Domain Name Registrar Partners with the National Center for Missing & Exploited Children and Others to Stop the Sale of Child Pornography Online

ALEXANDRIA, Va., March 31 -- The National Center for Missing & Exploited Children (NCMEC) today announced that GO DADDY has joined the Financial Coalition Against Child Pornography (FCACP). Go Daddy joins thirty-one leading financial institutions and Internet Service Providers which make up the FCACP that is hosted by NCMEC and its sister organization the International Centre for Missing & Exploited Children.

Go Daddy is an Internet domain name registrar and Web host provider that also offers Web site builders, secure server products and e-business related software and services. Over the years Go Daddy has worked to protect children online and was a strong advocate of the Protect Our Children Act of 2008.

"The addition of Go Daddy to the coalition gives us additional expertise in trying to block the sale of child pornography on the Internet. One critical element in eradicating this illegal activity is to eliminate the profitability of these enterprises," said Ernie Allen, President and CEO of NCMEC and ICMEC. "Go Daddy will help us address issues related to domain name abuse and expands the arsenal of tools available to make it more difficult for those who seek to profit from the sexual exploitation of children over the Internet."

Child pornography is estimated to have become a multi-billion dollar commercial enterprise and is among the fastest growing businesses on the Internet. Through the Internet, thousands and possibly millions of individuals are able to access child pornography. The exact number of child pornography Websites is difficult to determine. In 2001, the CyberTipline, a national reporting mechanism for child sexual exploitation that is operated by NCMEC, received more than 24,000 reports of child pornography. To date, more than 713,000 reports of child pornography have been received.

Launched in 2006, the FCACP is a unique collaboration of the nation's leading banks, credit card companies, third party payment companies and Internet services companies that are working together to remove commercial child pornography from the Internet. Members of the FCACP represent nearly 90% of the U.S. payments industry.

The objective of the FCACP is to disrupt the payment systems that are used to purchase child pornography and eliminate its profitability. The group focuses on following the funds and has been successful in shutting down payment accounts that are used by illegal enterprises to sell child pornography online.

The ability to use credit cards and other traditional payment methods to purchase child pornography made it very easy to obtain. However, the FCACP has worked to disrupt these payment systems and has all but eliminated the ability to use credit cards. Unfortunately, new types of payment systems continue to emerge which the FCACP is targeting in an effort to make child pornography difficult to purchase and difficult from which to profit.

Other members of the FCACP include: AOL, American Express Company, Banco Bradesco, Bank of America, Bank of New York - Mellon, Capital One, Chase Paymentech Solutions, CheckFree, Citigroup, CyberSource-Authorize.Net, Deutsche Bank Americas, Discover Financial Services, Elavon, First Data Corporation, First National Bank of Omaha, Global Payments Inc., Google, HSBC - North America, JP Morgan Chase, MasterCard, Microsoft, National Processing Company, North American Bancard, PayPal, Premier Bankcard, ProPay Inc., Standard Chartered Bank, Visa, Wells Fargo, Western Union, and Yahoo! Inc.

About the National Center for Missing & Exploited Children

The National Center for Missing & Exploited Children is a 501(c)(3) nonprofit organization. Since it was established by Congress in 1984, the organization has operated the toll-free 24-hour national missing children's hotline which has handled more than 2,447,000 calls. It has assisted law enforcement in the recovery of more than 148,400 children. The organization's CyberTipline has handled more than 816,800 reports of child sexual exploitation and its Child Victim Identification Program has reviewed and analyzed more than 32,282,900 pornography images and videos. The organization works in cooperation with the U.S. Department of Justice's office of Juvenile Justice and Delinquency Prevention. To learn more about NCMEC, call its toll-free, 24-hour hotline at 1-800-THE-LOST or visit its web site at http://www.missingkids.com.

About the International Centre for Missing & Exploited Children

ICMEC is a private, nonprofit 501(c)(3) non-governmental organization. It is the leading agency working on a global basis to combat child abduction and exploitation. It is the sister organization of the National Center for Missing & Exploited Children in the United States. For more information about ICMEC visit http://www.icmec.org.

Source: National Center for Missing & Exploited Children

CONTACT: NCMEC, +1-703-837-6111, media@ncmec.org

Web Site: http://www.missingkids.com/
http://www.icmec.org/

Tags PR Press Release

Hot Metal: Digital Praise(R) Debuts STRYPER Expansion Pack for Guitar Praise(TM)

Poster: SySAdmin

Posted on March 31, 2010 at 11:21:01 AM

Hot Metal: Digital Praise(R) Debuts STRYPER Expansion Pack for Guitar Praise(TM)

Smokin' Compilation of 25 Tracks by Christian Rock's Top Heavy Metal Band Adds New Appeal to Digital Praise's Christian-Themed Guitar Controller Game

NEWARK, Calif., March 31 -- Digital Praise®, Inc, the leader in Christian-themed, family-friendly entertainment software and currently under pending merger agreement with Left Behind Games (BULLETIN BOARD: LFBG) , today unveiled the newest addition for its hugely popular Guitar Praise(TM) PC guitar controller game--the Guitar Praise STRYPER Expansion Pack. Packing 25 top Stryper tracks into one amazing compilation, the Guitar Praise STRYPER Expansion Pack gives players a fresh and inspiring new way to enjoy Guitar Praise.

The Guitar Praise STRYPER Expansion Pack celebrates the 25th Anniversary of Stryper, the definitive Christian hard rock band and the first to achieve crossover success in the mainstream music world. The band's trademark blend of melodic vocals, heavy guitar licks and pounding drums, which has matured since the band's debut in 1984 but lost none of its powerful appeal, has generated sales of more than 8 million albums worldwide.

One of the most mesmerizing stage acts still today, Stryper received tremendous exposure on television's MTV and VH1, paving the way for more faith-fueled bands to be considered for airplay. Stryper continues to record Billboard charting albums and will be touring worldwide once again in late summer/early fall of 2010.

"This exclusive expansion pack, the first and only game-based distribution of material from the Stryper collection, keeps Guitar Praise at the forefront of hard driving, mega-amped yet uplifting Christian gaming," said Tom Bean, President and CEO of Digital Praise. "Anyone who enjoys Guitar Praise will have a great time losing themselves in the lyrics, intensity and incredible rock-and-roll power of Stryper."

Highlights in the Guitar Praise STRYPER Expansion Pack from the band's various albums include:

-- Reborn--Open Your Eyes; Reborn, Wait For You; Live Again; I.G.W.T.
-- 7 Weeks: Live in America--To Hell With The Devil; Soldiers Under
Command; Lour 'n Clear; Sing Along Song; More Than A Man; Free; Caught
In The Middle
-- Murder By Pride--Mercy Over Blame; Love Is Why; Murder By Pride; 4
Leaf Clover; Eclipse For The Son; The Plan; I Believe; Everything

Since its introduction in 2008, Guitar Praise has vaulted to the head of the Christian gaming market, enabling players of all ages to rock out to tracks by the best bands in Contemporary Christian Rock. The game allows either one player to perform in solo mode, or two players to compete for the better lead guitar score. With a second guitar (sold separately), players can jam at the same time--both on lead guitar or one on lead and the other on bass.

Pricing and Availability

The Guitar Praise STRYPER Expansion Pack works with Guitar Praise (plus one or two wireless guitars). The pack is priced at $19.95 (pack requires Guitar Praise for operation and is not included).

Digital Praise's Guitar Praise STRYPER Expansion Pack is now available for purchase from leading Christian retailers, Amazon.com, or direct from Digital Praise. To order, go to http://www.guitarpraise.com.

About Digital Praise, Inc.

Digital Praise is a developer of family-friendly Christian entertainment software for personal computers and other devices including iPhones. The company produces, publishes and distributes titles for families who enjoy interactive entertainment software with principled character-building themes and "just good clean fun." On February 25, 2010, Left Behind Games, Inc. announced that it has entered into an agreement to merge with Digital Praise, making Digital Praise its wholly-owned subsidiary. Pending SEC approval, the transaction is anticipated to close in Q2 of 2010. For more information, visit http://www.digitalpraise.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Left Behind Games, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

©2010 Digital Praise, Inc. All rights reserved. Digital Praise and Dance Praise are trademarks of Digital Praise, Inc. All other marks are the property of their respective owners.

Digital Praise Contact:
Diana James-Cairns
(510) 796-0500 Ext. 127
diana@digitalpraise.com

Source: Digital Praise, Inc.

CONTACT: Jill Schmidt of SS|PR , +1-847-415-9311, jill@sspr.com, for
Digital Praise, Inc.; or Diana James-Cairns of Digital Praise, Inc.,
+1-510-796-0500, Ext. 127, diana@digitalpraise.com

Web Site: http://www.digitalpraise.com/
http://www.guitarpraise.com/

Tags PR Press Release

Activision Announces First Details of Spider-Man(TM): Shattered Dimensions

Poster: SySAdmin

Posted on March 31, 2010 at 11:07:01 AM

Activision Announces First Details of Spider-Man(TM): Shattered Dimensions

SANTA MONICA, Calif., March 31 -- Activision Publishing, Inc. (NASDAQ:ATVI) and Marvel Entertainment (NYSE:MVL) have released the first details of Spider-Man(TM): Shattered Dimensions, the newest entry of non-stop heroic action to star the iconic wall-crawler. The video game is scheduled for release in September 2010 and will allow players to travel through four different worlds as distinctly different versions of Spider-Man from four universes across Marvel lore, two of which are announced today: The Amazing Spider-Man and Spider-Man Noir.

As Spider-Man, players will experience a wide variety of gameplay and dramatic environments. The Amazing Spider-Man experience delivers innovative web combat and visuals in a world that pays tribute to the classic era of the legendary Super Hero. In contrast, Spider-Man Noir features a cunning and covert depiction of Spider-Man, who utilizes shadows to perform stealth takedowns in a 1930's-influenced, black-and-white cinematic environment.

"Spider-Man: Shattered Dimensions delivers an original storyline that bridges four unique worlds," said Rob Kostich, Head of Marketing, Activision Publishing, Inc. "Each action-packed universe will have its own detailed art design and thrilling missions, challenging gamers to use new skill sets to defeat enemies as they unlock powerful new moves and progress through the game."

Penned by acclaimed Marvel comic book writer Dan Slott, the story takes players on a mission to capture the magical energy of the Tablet of Order and Chaos, which has been shattered and scattered across parallel universes. Gamers are challenged to battle fan-favorite villains such as the lethal Kraven and a custom, never-before-seen Noir version of Hammerhead, in a quest to restore the fabric of reality.

Spider-Man: Shattered Dimensions is developed by Beenox and not yet rated. Fans can learn more about Spider-Man: Shattered Dimensions and the next worlds to be revealed by visiting http://www.SpiderManDimensions.com.

About Marvel Entertainment, LLC

Marvel Entertainment, LLC, a wholly-owned subsidiary of The Walt Disney Company, is one of the world's most prominent character-based entertainment companies, built on a proven library of over 5,000 characters featured in a variety of media over seventy years. Marvel utilizes its character franchises in licensing, entertainment (via Marvel Studios and Marvel Animation) and publishing (via Marvel Comics). Marvel's strategy is to leverage its franchises in a growing array of opportunities around the world, including feature films, consumer products, toys, video games, animated television, direct-to-DVD and online. For more information visit http://www.marvel.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 Publishing 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.

Marvel, Spider-Man and all related characters: TM & © 2010 Marvel Entertainment, LLC. and its subsidiaries. Licensed by Marvel Characters B.V. http://www.marvel.com. All rights reserved. Activision is a registered trademark of Activision Publishing, Inc.

Source: Activision Publishing, Inc.

CONTACT: Kathy Bricaud, Senior Publicist of Activision, Inc.,
+1-310-255-2764, kbricaud@activision.com

Web Site: http://www.activision.com/
http://marvel.com/
http://www.spidermandimensions.com/

Company News On-Call: http://www.prnewswire.com/comp/007396.html

Tags PR Press Release

Linden Lab Upgrades Second Life User Experience

Poster: SySAdmin

Posted on March 31, 2010 at 11:07:01 AM

Linden Lab Upgrades Second Life User Experience

Leading 3D Virtual World Makes 'First Hour' Easier to Target More Widespread Consumer Adoption

SAN FRANCISCO, March 31 -- Linden Lab® today announced several upgrades to its flagship product, Second Life®, including the release of a new, more intuitive user-interface; new capabilities for bringing Web content into its rich, interactive environment; and new orientation experiences to ease and expedite the path to getting started in Second Life. These enhancements represent a major milestone in delivering on Linden Lab's vision of making the wealth of content and experiences available in Second Life more accessible to a broader range of users already engaged in 2D social experiences on the Web.

Second Life is a 3D online social world in which the users, or Residents, create the experiences and content. Each month, Residents spend an average of 40 hours each in Second Life, where they extend and enhance their daily lives with avatars. Residents meet and socialize with friends from around the globe using text and voice chat, create virtual goods, launch businesses, collaborate, learn, and more. Each day, Residents create more than 250,000 virtual goods and participate in a virtual economy that surpassed half a billion U.S. dollars in user-to-user transactions in 2009.

"Today's upgrades make the 'first hour' in Second Life easier and more engaging," said Tom Hale, Linden Lab's Chief Product Officer. "Over the past year, we have delivered stability and scalability to the platform and completed a full redesign of SecondLife.com. Today, we're building on those achievements and making it easier for people to get started exploring and enjoying the wealth of content and experiences in Second Life, positioning the platform for more widespread consumer adoption."

The upgrades to Second Life announced today include:

-- New User-Interface: The software used to access Second Life has been
substantially overhauled to give it a familiar feel. Known as Viewer
2, the new software uses design elements that Web users are already
familiar with - such as browser navigation bars and chat client friend
lists - to make navigating and socializing in the virtual world easy
and intuitive.
-- Shared Media: Residents can now interact with any Web-based content
(including Adobe® Flash®) within the shared 3D environment of Second
Life. For example, Residents can create and enjoy entertainment
experiences, such as watching streaming TV shows or movies or playing
online games with friends, using standard web technologies and
content. Shared Media enables Residents to collaborate on work-related
documents, share presentations, and use the Web together in Second
Life.
-- Quick and Easy First Experiences: Two new orientation areas - Welcome
Island and Discovery Island - help new users get started in Second
Life so they can begin meeting people and finding interesting
experiences right away. Welcome Island teaches new users basic Second
Life skills, while Discovery Island helps Residents locate the
experiences and communities in Second Life that match their interests.
-- New Starter Avatars: Avatars are representations of Residents'
identities in Second Life. New Residents begin their experiences in
the virtual world by selecting starter avatars, which they can later
customize or replace once they're comfortable inworld. Now, Residents
can choose from a new line of starter avatars that reflects the
diverse range of cultures and interests of Second Life users around
the world.

"Today's upgrades represent major steps toward making Second Life a more readily accessible online reality for users worldwide," said Mark Kingdon, CEO of Linden Lab. "Over the next year, we will continue to break down the walls that have traditionally separated Second Life from the rest of the social Web - you can see the start of this with Shared Media. We'll be continuing to bring more of the Web into Second Life, and more of Second Life out to the social Web. In doing so, we will make it increasingly possible for 3D social experiences to become a part of many more people's daily online lives, just as 2D social networks are for millions today."

About Second Life and Linden Lab

Developed and launched by Linden Lab in 2003, Second Life is the world's leading 3D virtual world environment. It enables its Residents to create content, interact with others, launch businesses, collaborate, educate, and more. Since its inception, Second Life Residents have logged more than one billion user hours and generated more than $1 billion in user-to-user transactions. With a broad user base that includes everyone from consumers and educators to medical researchers and large enterprises, Second Life has become one of the largest repositories of user-generated content and the largest user-generated virtual goods economy in the world.

Linden Lab, founded in 1999 by Chairman of the Board Philip Rosedale and headquartered in San Francisco, develops revolutionary technologies that change the way people communicate, interact, transact, learn and create. Privately held, Linden Lab is led by CEO Mark Kingdon, and has more than 350 employees spread across the U.S., Europe, and Asia. For more information, visit http://www.secondlife.com.

Source: Linden Lab

CONTACT: Edelman, 1-877-702-4940, secondlifemedia@edelman.com, for
Linden Lab

Web Site: http://www.lindenlab.com/
http://www.secondlife.com/

Tags PR Press Release

LoopNet Acquires Reaction Web, a Leader in Custom Web Site and Marketing Solutions for the Commercial Real Estate Industry

Poster: SySAdmin

Posted on March 31, 2010 at 10:07:01 AM

LoopNet Acquires Reaction Web, a Leader in Custom Web Site and Marketing Solutions for the Commercial Real Estate Industry

-- Acquisition Enables LoopNet to Deliver and Expand Support Throughout Entire Property Marketing Lifecycle --

SAN FRANCISCO, March 31 -- LoopNet, Inc. (NASDAQ: LOOP), which operates the largest online commercial real estate marketplace, today announced the acquisition of Reaction Web, a leading online solutions company focused in the commercial real estate industry. Reaction Web brings state-of-the-art custom web sites, deal rooms and private property marketing tools to the robust suite of LoopNet solutions.

Reaction Web develops client focused, custom web sites that allow brokerage firms and brokerage teams to market listings to potential investors and enhance the sales process. The web sites are customized and tailored to each client's individual brand. Advanced transaction management tools enable brokers to automate core steps such as registration, investor approval, execution of confidentiality agreements, response tracking, and the creation of due diligence war rooms. Automated lead tracking services allow brokers to monitor each investor's level of interest based on total visits to a property listing, specific page views, and information downloads.

The company has provided online services for some of the nation's best known commercial brokerages and practice groups including the CB Richard Ellis Private Client Group, Apartment Realty Advisors, Grubb & Ellis Private and Institutional Capital Markets groups, Colliers International, Cushman Wakefield and Madison Partners of Los Angeles.

"We are very excited to welcome the Reaction Web team and solutions to LoopNet. Reaction Web has developed an exceptional reputation for delivering state-of-the-art, custom solutions to their clients and they embrace a 'Put Clients First' approach that is a core philosophy of LoopNet," said Thomas Byrne, President and COO of LoopNet. "Adding the Reaction Web product suite to our solutions enables us to further support our clients throughout the entire commercial property marketing lifecycle. We look forward to integrating the Reaction Web services into the LoopNet solutions suite and deliver even greater value to our clients."

"This acquisition will allow us to provide our clients with the best solutions and services in the industry for their commercial real estate marketing programs," explained Mike Mockus, General Manager of Reaction Web. "As a division of LoopNet, we can now leverage their advanced technical resources and extensive marketing expertise to develop more robust next-generation solutions, enabling our clients to enhance their marketing initiatives and reach an even broader audience."

Reaction Web will continue to be managed by its founders Mike Mockus and Paul Dynan, with the entire Reaction Web team remaining intact.

Terms of the transaction were not disclosed. LoopNet does not currently expect the acquisition of Reaction Web to have a material impact on its 2010 financial results.

About LoopNet

LoopNet operates the largest and most heavily trafficked commercial real estate listing service online with more than 4 million registered members and approximately 5 million unique visitors quarterly as reported by Google Analytics.

The LoopNet marketplace, available at http://www.loopnet.com/, covers all commercial property categories, including office, industrial, retail, multifamily (apartment properties for sale), hotel, land, specialty properties, investment properties and businesses for sale. At year end 2009, the LoopNet marketplace featured more than $460 billion of property available for sale and 6.5 billion square feet of space for lease.

LoopNet customers include virtually all of the top commercial real estate firms in the U.S., including CB Richard Ellis, Cassidy Turley, Century 21 Commercial, Coldwell Banker Commercial, Colliers International, Cushman & Wakefield, Grubb & Ellis, Jones Lang LaSalle, Lincoln Property Company, Marcus & Millichap, NAI Global, ProLogis, RE/MAX, and Sperry Van Ness.

About Reaction Web

Reaction Web is a leading online marketing firm specializing in the commercial real estate industry. The company offers custom web design, email marketing, online property deal rooms and advanced investor tracking solutions for commercial brokers, developers, owners and real estate investment firms with the prospective buyer/investor in mind. For detailed information on Reaction Web's services, visit http://www.reactionweb.com or call Mike Mockus at 303.841.2335.

Forward-Looking Statements

This release contains forward-looking statements regarding the benefits of Reaction Web's products and services to our customers, LoopNet's online commercial marketplace, our customers, the continuing adoption of the Internet to market and search for commercial real estate and the value we provide to our members. These statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward-looking statement due to various factors, including, but not limited to, our ability to successfully integrate our acquired businesses, economic events or trends in the commercial real estate market or in general, our ability to continue to attract unique visitors to our web site, our ability to continue to attract new registered members, convert them into Premium Members and retain such Premium Members, our ability to obtain or retain listings from commercial real estate brokers, agents and property owners, competition from current or future companies, our ability to receive timely and accurate sales data from our partners, seasonality, our ability to manage our growth and our ability to introduce new or upgraded products or services and customer acceptance of such services. Additional information concerning factors that could cause actual events or results to differ materially from those in any forward-looking statement is contained in our filings with the Securities and Exchange Commission (SEC). Copies of filings made by us with the SEC are available on the SEC's web site or at http://investor.loopnet.com/sec.cfm. LoopNet does not intend to update the forward-looking statements included in this press release that are based on information available to us as of the date of this release.

Contact Information:
Marlena DeFalco
(303) 682-3943
marlena@linnelltaylor.com

Source: LoopNet, Inc.

CONTACT: Marlena DeFalco, +1-303-682-3943, marlena@linnelltaylor.com

Web Site: http://www.loopnet.com/
http://www.reactionweb.com/

Tags PR Press Release

Apangea Learning Adding Student Test Prep Diagnostic Features To Apangea Writing

Poster: SySAdmin

Posted on March 31, 2010 at 10:07:01 AM

Apangea Learning Adding Student Test Prep Diagnostic Features To Apangea Writing

Enhanced Service Will Measure If Students Are Ready For Standardized Tests

PITTSBURGH, March 31 -- Apangea Learning Inc. (http://www.apangealearning.com), a national leader in personalized, one-on-one online tutoring, said today that it will soon release an enhanced version of its Apangea Writing service that will feature new diagnostic assessments designed to measure student readiness for standardized writing tests.

"The diagnostic features we are adding to Apangea Writing will give schools a new power to identify every student's unique writing level and to offer instruction and live support that is correlated to individual skills," said Apangea Learning Co-Founder Louis Piconi.

"Effective writing is a prerequisite for success in professional and personal pursuits, but too many young people are entering into their adult lives unable to communicate with clarity and meaning," Piconi added.

The new features complement Apangea Writing's rigorous content, differentiated instruction and one-on-one online tutoring that help students develop the critical skills they need to be competent and confident writers.

Students working with the enhanced Apangea Writing will be given assessments in the form of informational or persuasive writing diagnostics. Apangea's U.S.-certified writing teachers will review each student's submission to determine if that individual has the proficiency to pass a standardized test.

Students whose skills are still maturing will be assigned up to five prescriptive assignments designed to further develop their writing ability. Apangea teachers will assess the ongoing work to measure progress and determine that student's test readiness.

Schools and school districts subscribing to Apangea Writing will have the option to test all of their middle and high school students, or target only those who need the extra attention.

Apangea Writing's content is aligned with standards set by the National Council of Teachers of English (NCTE), the International Reading Association (IRA), 21st Century Skills and state standards.

Apangea said it expects to have its enhanced Apangea Writing service available in June and to showcase it at the International Society for Technology in Education (http://www.iste.org) annual conference in Denver that month.

Said Apangea's Piconi, "We're giving schools and teachers the opportunity to do more for their emerging writers -- one student at a time."

ABOUT APANGEA LEARNING

Apangea Learning Inc. (http://www.apangealearning.com) is a pioneer in developing cost-effective, one-on-one online math and writing tutoring services for students in K-12 schools across the United States. School districts purchase seat licenses for Apangea's services and provide access to their students during the school day and after hours from home. With its programs based on one of the world's largest bodies of cognitive research originally conducted by the U.S. Air Force, Apangea has both strong technical resources and a content-development prowess that enables it to harness advanced Web technologies and offer innovative instruction techniques. The privately owned company is based in Pittsburgh, PA.

MEDIA CONTACT

John Buckman
Buckman Communications, for Apangea Learning
412.381.2900
jbuckman@buckman.biz

Source: Apangea Learning Inc.

CONTACT: John Buckman of Buckman Communications, for Apangea Learning,
+1-412-381-2900, jbuckman@buckman.biz

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

Tags PR Press Release

More Than Myth Launches 'Grand Social Experiment' Chronicling Stories of a Generation

Poster: SySAdmin

Posted on March 31, 2010 at 9:56:01 AM

More Than Myth Launches 'Grand Social Experiment' Chronicling Stories of a Generation

Kicking off with $10K 'Living Legend' storytelling contest

CHICAGO, March 31 -- More Than Myth(TM) (MTM), a 'grand social experiment' created to capture and chronicle the most uninhibited and outrageous (but true) stories of a generation launches March 31, 2010. Even cooler? The most legendary stories are guaranteed to be published in a book.

To celebrate undiscovered stories, 'MTM: Living Legend', kicks off the MTM search. More Than Myth will give the person with the best story $5,000 and propose a question, "Do you want to get paid $5,000 to blow $5,000 on creating a legendary story?" The winner's story will be published in MTM's upcoming book.

What are legendary stories? MTM founder Daniel Tweedall interviewed the likes of comedian Michael Ian Black, poker champion Phil Hellmuth Jr., pop culture 'I.T. Girl' and Party Monsters: Cabo runner-up and pop culture queen Kinsey Schofield, eccentric entrepreneur Peter Shankman and designer and Project Runway runner up Althea Harper, who all shared their incredible experiences.

"Life is often stranger than fiction, and those moments make for the best stories," said Tweedall. "From the surreal and shocking, to the hysterical and emotional, More Than Myth gives you the platform - it only takes 5 minutes to begin telling your story."

Anyone can share their stories on MTM's website through a simple 3-step process. The top-ranked stories (decided by vote) are collected each month for the chance to be published in their upcoming book.

"More than just making the home page for an afternoon, this is a road to glory - getting your story enshrined in a book," said Tweedall. "It isn't about having the best formal writing skills, it's the best storytelling - like you would with friends over a beer."

About "More Than Myth(TM): Living Legend" Storytelling Contest

Enter "More Than Myth(TM): Living Legend" by telling your greatest stories at http://www.morethanmyth.com. To become eligible, register as a Member on MTM's website and tell the 'Quickie' version of your story - 150 words or less - by Friday, April 23 11:59PM EDT. You then have until Friday, April 30 11:59PM EDT to tell the full story (1500 words or less).

Stories are voted on by the MTM community. The person with the most legendary (i.e. top-ranked story) receives $5,000, which is theirs to keep. Or (here's where it gets good) they can opt to spend it all on creating a legendary story.

If they spend the full $5,000 and tell their story on http://www.morethanmyth.com, MTM will have that story published in MTM's upcoming book and receive another $5,000.

For the official "More Than Myth(TM): Living Legend" contest rules, visit: http://www.morethanmyth.com/pages/view/living_legend_official_rules.

About More Than Myth(TM)

More Than Myth (MTM) is a grand social experiment created to capture and chronicle the most uninhibited and outrageous (but true) stories of a generation. Those legendary stories that your friends say 'sound like something out of a book.'

Now they can be. Launched on March 30, 2010, MTM is a next-generation platform that makes it easy to tell your most legendary stories to friends and the world. Which stories become enshrined in The Book is up to you. Who said the road to glory had to be a tough one?

Source: More Than Myth

CONTACT: Sarah Evans, +1-224-829-8820, sarah@sevansstrategy.com, for
More Than Myth

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

Tags PR Press Release

Jingwei International Reports 2009 Year End Results

Poster: SySAdmin

Posted on March 31, 2010 at 9:42:01 AM

Jingwei International Reports 2009 Year End Results

SHENZHEN, China, March 31 -- Jingwei International Limited (OTC Bulletin Board: JNGW; "Jingwei" or the "Company"), a leading provider of data mining and interactive marketing services in China, today reported financial results for the fourth quarter and year ended December 31, 2009.

FOURTH QUARTER 2009 RESULTS

Net revenue for the fourth quarter of 2009 increased 181% to $13.5 million compared to $4.8 million in the fourth quarter of 2008. Net revenues from both data mining and software services revenue segments saw significant growth over the fourth quarter of 2008.

During the fourth quarter of 2009, the Company's gross margin declined slightly to 37% from 39% in the fourth quarter of 2008. Net income in the fourth quarter of 2009 increased 138% to $3.1 million compared to $1.3 million in the fourth quarter of 2008. Net earnings per diluted share for the fourth quarter of 2009 increased to $0.18 compared to $0.08 in the fourth quarter of 2008.

The Company ended the quarter with approximately $10.2 million in cash and equivalents.

Key financial results for fourth quarter 2009 versus fourth quarter 2008 are as follows:

Fourth quarter
=============================
2009 2008
==================================================================
Data Mining Net Revenue $9.2 million $2.9 million
==================================================================
Software Services Net Revenue $4.3 million $1.9 million
==================================================================
Net Revenue $13.5 million $4.8 million
==================================================================
Gross Profit $5.0 million $1.8 million
==================================================================
Net Income $3.1 million $1.3 million
==================================================================
Earnings per Diluted Share $0.18 $0.08
==================================================================

2009 FINANCIAL YEAR RESULTS

Net revenue for 2009 increased to $30.3 million compared to $27.9 million in 2008. Both of the revenue segments, data mining and software services, saw increase in net revenue in 2009 over 2008.

During 2009, the Company's gross margin declined to 38% from 50% in 2008. Net income for 2009 decreased to $6.0 million compared to $9.0 million in 2008. Net earnings per diluted share for 2009 declined to $0.35 compared to $0.53 in 2008.

Key financial results for 2009 versus 2008 are as follows:

(in thousands) 2009 2008
Data Data
Mining Software Mining Software
Services Services Total Services Services Total

Net Revenue $19,452 $10,807 $30,259 $18,537 $9,345 $27,882
Gross Profit 7,075 4,303 11,378 8,676 5,216 13,892
Gross Margin 36% 40% 38% 47% 56% 50%
Net Income 5,964 9,028
Net Income % 20% 32%
Free Cash
Flow (1) 8,367 (2,047)

(1) Free Cash Flow is defined as net cash flows provided by operating
activities, less purchases of property and equipment.

Rick Luk, Chief Executive Officer of Jingwei International stated, "We are pleased to be regaining momentum with the continuing improvement of revenue and overall performance in the fourth quarter and second half of 2009 compared to the previous two quarters. Second half revenue and net income increased 177% and 224% over the first half of 2009. Based on the results, we believe on-going management initiatives undertaken in the second half are on track; and we expect this to continue as the Chinese and global economies recover further. In the quarter, we enjoyed a significant increase of demand for our services as result of our added capabilities driven by the full deployment of 3G in the telecom sector and the increased subscriber base in the PRC. For the full year, while we were able to grow revenue over 2008, other results trailed behind 2008, as expected. We did achieve both a strong growth of revenue and earnings in the second half compared to the first half of 2009."

"As we enter 2010, we look forward to turning our attention to new initiatives," said Rick Luk. "In addition to continuing growth and expansion of our proprietary consumer database and, expanding mobile VAS capabilities to strengthen our portfolio in the data mining segment to enhance our market competitiveness, we are targeting a strategic breakthrough into interactive marketing services and providing mobile Internet solutions that we expect will benefit from the burgeoning growth of the Chinese consumer market as well as mobile services."

BUSINESS OUTLOOK

The Company confirmed that for fiscal 2010, it is forecasting to achieve total revenue of between $37.5 million and $42.0 million, net income of between $7.3 million and $8.2 million, and earnings per basic share of between $0.43 and $0.48.

The range of anticipated revenues takes into account both organic growth and the possibility of acquisition related growth within the context of current economic conditions.

About Jingwei International

Jingwei International Limited ("Jingwei") is a leading provider of data- mining, Interactive Marketing Services and Mobile Internet marketing solutions in the fast growing Chinese market. Powered by advanced data mining technology and a proprietary database of over 400 million Chinese consumers, Jingwei enables leading Chinese companies as well as international brands to reach their target audiences. The Company's products and services include software services and system integration, data mining and business intelligence services, interactive marketing, mobile internet marketing, wireless VAS and Mobile Products. Jingwei is evolving into a dominant player in interactive marketing services and mobile internet marketing solutions in China.

For more information, please visit the Company's web site: http://www.jingweicom.com/ .

Safe Harbor Statement

Certain of the statements made in the press release constitute forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the use of forward- looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology. Such statements typically involve risks and uncertainties and may include financial projections or information regarding our future plans, objectives or performance. Actual results could differ materially from the expectations reflected in such forward-looking statements as a result of a variety of factors, including the risks associated with the global financial crisis, effects of changing economic conditions in The People's Republic of China, variations in cash flow, reliance on collaborative retail partners and on new product development, variations in new product development, risks associated with rapid technological change, and the potential of introduced or undetected flaws and defects in products, and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time. You are also reminded that the press release contains non-GAAP financial measures of free cash flow. These measures should not be considered an alternative to net income, or any other measure of financial performance or liquidity presented in accordance with generally accepted accounting principles (GAAP). These measures are not necessarily comparable to a similarly titled measure of another company. Please refer to Appendix A for information that reconciles these discussed figures with the most comparable GAAP measures.

Jingwei International Limited and Subsidiaries
Consolidated Balance Sheets
(Stated in US Dollars)

December 31,
2009 2008
ASSETS
Current assets
Cash and cash equivalents $10,238,930 $5,472,408
Inventories, net 2,316,043 2,802,037
Trade receivables, less allowance
for doubtful accounts of $1,266,293
and $135,422, respectively 23,456,704 19,371,524
Other receivables, prepayments and
deposits, less allowance for
doubtful accounts of $175,712 and
$117,787, respectively 3,219,008 3,749,169
Deferred tax assets 257,837 --
Total current assets 39,488,522 31,395,138

Non-current assets
Property and equipment, net 1,385,438 1,305,917
Intangible assets, net 16,283,425 12,238,501
Long term investment 1,737,553 1,733,244
Total non-current assets 19,406,416 15,277,662

Total assets $58,894,938 $46,672,800

Jingwei International Limited and Subsidiaries
Consolidated Balance Sheets (Continued)
(Stated in US Dollars)

December 31,
2009 2008
LIABILITIES AND EQUITY
Current liabilities
Trade payables $4,152,787 $1,965,619
Accruals and other payables 1,279,474 1,465,571
Income tax payable 1,718,786 551,098
Loan from a stockholder 369,462 559,286
Total current liabilities 7,520,509 4,541,574

Non-current liabilities
Other liabilities 2,930,257 --

Total liabilities 10,450,766 4,541,574

Equity
Common stock, $.001 par value;
75,000,000 shares authorized,
17,049,000 shares issued and
outstanding 17,049 17,049
Additional paid-in capital 15,643,139 15,403,411
Statutory and other reserves 2,916,292 883,936
Retained earnings 19,734,935 15,803,104
Accumulated other comprehensive
income 2,654,550 2,564,066
Total Company's stockholders'
equity 40,965,965 34,671,566
Noncontrolling interest 7,478,207 7,459,660
Total equity 48,444,172 42,131,226

Total liabilities and equity $58,894,938 $46,672,800

Jingwei International Limited and Subsidiaries
Consolidated Statements of Income and Comprehensive Income
(Stated in US Dollars)

Year Ended December 31,
2009 2008

Sales $30,258,956 $27,881,694
Cost of sales 18,881,066 13,989,763
Gross margin 11,377,890 13,891,931

Operating expenses
Selling, general and administrative
expenses 3,979,435 3,922,323
Research and development costs 1,155,397 1,184,661
5,134,832 5,106,984

Income from operations 6,243,058 8,784,947

Other income (expense)
Subsidy income 736,236 1,037,008
Interest income 180,893 237,017
Finance costs (14,061) (15,918)
Other expense (55,482) (51,751)
847,586 1,206,356

Income before income taxes 7,090,644 9,991,303

Income tax expense 1,126,457 962,856

Net income 5,964,187 9,028,447
Less: Net income attributable to
noncontrolling interest -- --
Net income attributable to the Company 5,964,187 9,028,447

Foreign currency translation
adjustment 90,484 1,340,693
Comprehensive income $6,054,671 $10,369,140

Basic earnings per share $0.35 $0.53
Diluted earnings per share $0.35 $0.53

Weighted average number of shares
outstanding
Basic 17,049,000 17,049,000
Diluted 17,101,714 17,049,000

Jingwei International Limited and Subsidiaries
Consolidated Statements of Cash Flows
(Stated in US Dollars)

Year Ended December 31,
2009 2008

Cash flows from operating activities
Net income $5,964,187 $9,028,447
Adjustments to reconcile net income
to net
Cash provided by (used in) operating
activities
Depreciation and amortization 2,766,445 1,850,340
Allowance for doubtful accounts 1,188,796 66,162
Amortization of stock options
Issued for services 239,728 339,430
Change in operating assets and
liabilities:
Trade receivables (5,216,051) (6,656,514)
Other receivables, prepayments
and deposits 472,236 (2,992,392)
Inventories 485,994 (739,649)
Deferred tax assets (257,837) --
Trade payables 2,187,168 (1,463,008)
Accruals and other payables (186,097) (1,005,514)
Income tax payable 1,167,688 100,336
Net cash flows provided by (used in)
operating activities 8,812,257 (1,472,362)

Cash flows from investing activities
Acquisition of property and equipment (445,000) (574,336)
Acquisition of intangible assets (3,632,955) (1,964,867)
Long-term investment -- (1,733,492)
Net cash flows used in investing activities (4,077,955) (4,272,695)

Cash flows from financing activities
Loan from a stockholder -- 3,940
Repayment of loan from a stockholder (189,824) --
Net cash flows (used in) provided by
financing activities (189,824) 3,940

Effect of foreign currency fluctuation on
cash and cash equivalents 222,044 453,505

Net increase (decrease) in cash and cash
equivalents 4,766,522 (5,287,612)

Cash and cash equivalents-beginning of year 5,472,408 10,760,020

Cash and cash equivalents-end of year $10,238,930 $5,472,408
Income tax paid $309,594 $1,482,796
Interest paid $-- $--
Supplemental Disclosure of Non-cash
Investing Activities
Transfer of prepayment to intangible assets $-- $5,557,110

APPENDIX A:

The Company makes reference to Non-GAAP financial measures, namely free cash flow, in this press release. Management believes that this Non-GAAP financial measure is useful to investors in that it provides supplemental information to possibly better understand the liquidity of the Company. The Company uses free cash flow to evaluate operating performance. However, this Non-GAAP financial measure should not be considered as an alternative to net income or any other performance measures derived in accordance with GAAP.

The following is reconciliation from GAAP Net Cash Flow provided by
Operating activities to free cash flow:

Net Cash Flow Provided by Operating activities $8.8M
-Capital Expenditure -0.4M
Free Cash Flow $8.4M

For more information, please contact:

Yong Xu or Vanessa Bao
Phone: +86-755-8631-9436
Email: vanessa@jingweicom.com

Source: Jingwei International Limited

CONTACT: Yong Xu or Vanessa Bao, +86-755-8631-9436,
vanessa@jingweicom.com

Web site: http://www.jingweicom.com/

Tags PR Press Release

ChinaNet Online Holdings, Inc. Reports Record Fourth Quarter and Year-end 2009 Financial Results

Poster: SySAdmin

Posted on March 31, 2010 at 9:21:01 AM

ChinaNet Online Holdings, Inc. Reports Record Fourth Quarter and Year-end 2009 Financial Results

BEIJING, March 31 -- ChinaNet Online Holdings, Inc. ("ChinaNet", NYSE Amex: CNET), a leading full-service media development, advertising and communications company for small and medium-sized enterprises (SMEs) in the People's Republic of China ("China"), today announced its fourth quarter and year-end 2009 financial results, and reaffirmed net income guidance for 2010.

-- Revenues increased 26.3% to $10.4 million in the fourth quarter 2009
-- Fourth quarter 2009 adjusted net income increased 426.3% to
$3.9 million, with adjusted earnings per share of $0.18
-- Full-year 2009 revenues increased 75.4% to $37.7 million
-- Full-year 2009 adjusted net income increased 201.6% to $8.4 million
-- Full-year 2009 adjusted earnings per share increased to $0.50
-- Company reaffirmed 2010 net income guidance of $14.1 million,
representing an increase of 67.9% compared to 2009 adjusted net income
-- Management to host earnings conference call March 31 at 10:30 a.m. ET

SUMMARY FINANCIALS

Fourth Quarter 2009 Results (USD) (unaudited)
(three months ended December 31)
Q4 2009 Q4 2008 CHANGE
Sales $10.4 million $8.3 million +26.3 %
Gross Profit $5.1 million $3.1 million +65.0 %
Adjusted Net Income $3.9 million $0.7 million +426.3 %
GAAP Net Income $0.79 million(1) $0.75 million +5.9 %
Adjusted EPS (Diluted) $0.18 $0.05 +260.0 %
GAAP EPS (Diluted) $0.02(1) $0.05 (60.0)%

(1) GAAP net income included a $3.1 million non-cash charge related to the
changes in the value of warrants;

Full-year 2009 Results (USD)
(years ended December 31)
2009 2008 CHANGE
Sales $37.7 million $21.5 million +75.4 %
Gross Profit $16.5 million $ 7.7 million +113.6 %
Adjusted Net Income $ 8.4 million $ 2.8 million +201.6 %
GAAP Net Income $ 4.0 million(2) $ 2.8 million +43.5 %
Adjusted EPS (Diluted) $0.50 $0.20 +150.0 %
GAAP EPS (Diluted) ($0.15)(3) $0.20 --

(2) GAAP net income includes a $4.4 million non-cash charge related to
changes in fair value of warrants;
(3) GAAP EPS (Diluted) per share for 2009 includes the $4.4 million
non-cash charge and a $5.9 million non-cash charge related to the
beneficial conversion feature of Series A preferred stock.

Fourth Quarter 2009 Financial Results

Revenues for the fourth quarter of 2009 increased 26.3% to $10.4 million compared to $8.3 million for the fourth quarter of 2008. The increase resulted from a significant increase in Internet advertising and TV advertising. For the fourth quarter of 2009 Internet advertising comprised approximately 49% of total revenues, an increase of 28% year-over-year to $5.1 million. The growth in Internet advertising and TV advertising resulted from the Company's successful brand building effort for http://www.28.com/ in 2007 through 2009 both on TV and in other well-known portal websites in China. Revenues generated by TV advertising during the fourth quarter of 2009 increased 59% year-over-year to approximately $5.0 million or 48% of total revenues. As of December 31, 2009, the number of active customers for the Company's Internet advertising business was 600 and the number of customers being serviced by its TV advertising business was 300. Approximately 26% of customers were being serviced by both platforms.

Cost of sales for the three months ended December 31, 2009 was approximately $5.3 million or 51.0% of revenues as compared to $5.2 million or 62.5% of revenues for the three months ended December 31, 2008. The costs associated with the Company's advertising services include costs for purchasing resources from other well-known portal websites in China for Internet advertising and purchasing TV advertisement time from approximately 10 different provincial TV stations.

For the fourth quarter of 2009 gross profit was $5.1 million, representing gross margins of 49.0%, compared to the fourth quarter of 2008 with $3.1 million in gross profit and a gross margin of 37.5%. Gross profit grew by 64.9% on a year-over-year basis. The increase in gross profit was a result of increased revenues and leverage in the business model. The rise in gross margins was primarily due to an increase in Internet advertising sales as a percentage of total sales and enhancements to the Company's TV infomercial production capabilities, which enabled delivery of higher margin services.

Operating expenses for the three months ended December 31, 2009 were approximately $2.0 million, down 11.0% from $2.2 million in the same period of 2008. Selling expenses for the period decreased to approximately $0.9 million from $1.6 million in the fourth quarter of 2008. General and administrative expenses were $0.9 million and $0.5 million in the fourth quarter 2009 and 2008, respectively, with the increase primarily due to non-recurring expenses associated with the US public company listing and non-cash equity compensation for services.

Operating income for the fourth quarter of 2009 totaled approximately $3.2 million, a 248.5% increase from the $0.9 million reported for the fourth quarter of 2008. Operating margins were 30.3% and 11.0% for the fourth quarter of 2009 and 2008, respectively.

GAAP net income for the fourth quarter was $0.79 million, an increase of 5.9% compared to $0.75 million reported in the same period the prior year, with corresponding fully diluted net income per share of $0.02 in the fourth quarter of 2009 compared to fully diluted net income per share of $0.05 in the same period in 2008, based on 21.4 million and 13.8 million outstanding shares, respectively. During the fourth quarter of 2009 the Company incurred a non-cash charge of $3.1 million for changes in fair value of warrants recorded as a deduction of operating profit. Adjusting for the non-cash charge, net income for the fourth quarter of 2009 was $3.9 million, an increase of 426.3% over the fourth quarter of 2008, with $0.18 in earnings per diluted share. Included in the fourth quarter of 2009 was an adjustment of $1.1 million for a reduction in the Company's full-year tax rate from 25% to 7.5%, accounted for in previous quarters at the higher tax rate.

"We are very pleased with our financial results for the fourth quarter of 2009 as we continued to see robust growth in both our Internet and TV advertising businesses, driven by both existing and new customers," stated Mr. Handong Cheng, Chairman and CEO of the Company. "With over 20% annual growth projected for the Chinese Internet advertising market through 2010 fueled by a sharp trajectory in franchise and chain store enterprises, we believe ChinaNet's 'one-stop shop' advertising platform is well positioned to capitalize on this large secular growth opportunity and further increase market share."

Full Year 2009 Financial Results

For the year ended December 31, 2009, revenues increased 75.4% to $37.7 million compared to $21.5 million for the year ended December 31, 2008. Internet advertising totaled $17.7 million in 2009, or approximately 47.0% of total revenues, an increase of 56.9% compared to $11.3 million in 2008. During 2009, revenues generated by TV advertising increased 165.4% year-over-year to approximately $18.6 million or 49.3% of total revenues.

Gross profit was $16.5 million for 2009, representing an increase of 113.6% from $7.7 million in 2008. Gross margins were 43.7% for full-year 2009 compared to 35.9% for 2008.

Operating expenses for 2009 were approximately $7.1 million, or 19.0% of revenues, compared to $3.9 million or 19.0% of revenues in 2008. Selling expenses for 2009 increased to approximately $4.2 million from $2.7 million in 2008, primarily as a result of brand development expenses for http://www.28.com/ and expanding sales force to meet demand. General and administrative expenses were $2.4 million and $1.0 million in 2009 and 2008, respectively.

Income from operations was $9.4 million for 2009, representing an increase of 149.3% over operating income of $3.8 million for 2008. Operating margins were 24.9% for 2009 compared to 17.5% for 2008.

GAAP net income for 2009 was $4.0 million, an increase of approximately 43.5% over $2.8 million in 2008, with a corresponding loss per share of $0.15 in 2009 compared to net income per share of $0.20 in 2008, based on 14.8 million and 13.8 million shares, respectively. During 2009 the Company incurred a non-cash charge of $4.4 million for changes in fair value of warrants recorded as a deduction of operating profit, and a $5.9 million non-cash charge related to the beneficial conversion feature of Series A preferred stock which was recorded as deemed dividend, a deduction of retained earnings and a deduction of net income attributable to common shareholders, with no associated charge in 2008. Adjusting for non-cash charges, net income for 2009 was $8.4 million, an increase of 201.6% over 2008, with $0.50 in earnings per diluted share.

Balance Sheet and Cash Flow

The Company had $13.9 million in cash and equivalents on December 31, 2009, which includes $9.2 million in net proceeds from the Company's August 2009 financing, compared to $2.7 million on December 31, 2008. The Company had working capital of $19.4 million, compared to $2.8 million on December 31, 2008, and a current ratio of 4.9 to 1 on December 31, 2009 compared to a current ratio of 1.5 to 1 on December 31, 2008. Accounts receivable were $3.2 million on December 31, 2009, up from to $1.0 million on December 31, 2008 due to a more aggressive credit policy to capture market share and increase revenue. For 2009, the Company generated $4.6 million in cash from operations versus $0.8 million for 2008, with the variance principally coming from the increase in net income and prudent asset management.

Financial Outlook for 2010

The Company plans to extend its strategy of focusing on its rapidly growing Internet advertising sales business, which boasts gross margins of 75%, compared to 15% for its TV Advertising business segment. Management will focus resources and allocate capital to Internet advertising, which yield more predictable and recurring revenue. Consequently, management revised 2010 revenue guidance from $72.3 million to $45 million and reaffirmed net income guidance of $14.1 million, which represents 19% and 67.9% year-over-year growth, respectively.

Business Outlook

The Company believes that there are several fundamental factors that will continue to drive future revenue and earnings growth, including increased consumer demand for goods and services and strong government support for developing small and medium companies. The Chinese Small and Medium Enterprises (SMEs) marketplace is forecasted to grow to almost $43 billion next year, representing a two-year compounded average growth rate of over 21% by 2010. There were approximately 3,000 franchise enterprises and 260,000 chain stores in China at the end of 2007, which are projected to total 4,000 and 320,000 respectively during 2010.

Internet Advertising -- In 2010, the Company's http://www.28.com/ high traffic web portal further increased its market share from 30% to 35% due to successful branding and marketing efforts in positioning the portal as a turn-key advertising solution for SMEs. To further build its brand and optimize marketing costs, the Company entered into a co-operation agreement with China's Social Welfare & Education Foundation to fund public service programs in support of the government's social goal of raising employment rates among college graduates in China. ChinaNet anticipates this agreement could yield an additional 100 to 150 clients annually who would utilize the portal to advertise their products, services and business opportunities to this targeted demographic of college students. ChinaNet estimates that each new client would contribute approximately $30,000 in annual revenues.

New "Revenue Share" Pricing Model -- In its efforts to drive incremental top line growth and market share gains, the Company has implemented a new pricing option for its Internet advertising customers. Launched in October 2009 with a 6-month trial period, each customer has the flexibility to utilize either the "Traditional" or "Revenue Share" pricing model. Through the Traditional model, a customer pays $4,000 to $7,000 per month depending on the level of service. Currently, 60% of customers pay $4,000 per month with 50% paying month-to-month, 30% paying quarterly or bi-annual, and 20% paying annually. Through the new "Revenue Share" model, a customer does not pay upfront fees, but agrees to pay ChinaNet 30% of the initial fees collected by a new customer acquired through 28.com. For example, if the customer (i.e. franchise owner) of 28.com collects $40,000 in initial fees from a new franchisee, the customer pays ChinaNet $12,000, or 30% of the initial fees collected. Currently, 10% of the 600 http://www.28.com/ active customers have opted to use the Revenue Share model. The Company expects that approximately 150 of its 900 total customers will utilize this model by the end of 2010. This option will provide an impetus for those customers who want to pay for performance and will help augment growth in 2010.

ChinaNet TV -- The Company continues to be a leading producer and distributor of web-based video ads and TV infomercials for start-ups and entrepreneurs. In its effort to manage risk and expand margins the Company will be committing less capital to this business segment, reducing estimated total show time minutes from 100,000 to 35,000 minutes in 2010. Shows are distributed over airtime purchased from the largest national satellite TV stations. Customers pay ChinaNet TV for proprietary editorial coverage and advertising spots. Currently 300 customers utilize this service in addition to 28.com.

Bank Kiosks -- Meanwhile, the Company has been focused on the roll-out of its bank kiosk advertising platform, which provides online access for customers while displaying advertising for both PRC and global based companies, through an exclusive arrangement with the China Construction Bank (CCB). Recently, the Company has engaged a similar arrangement with Shanghai Commercial Bank (SCB) with the goal of deploying 1500 kiosks in aggregate by the end of 2010 throughout Guandong, Hu Bei, Shanghi, Beijing and Si Chuan provinces. Management estimates a payback of approximately 18 months for all equipment deployed with higher margins and recurring advertising revenue. ChinaNet expects that its multi-platform advertising network will drive further growth during 2010.

Conference Call

The conference call will take place at 10:30 a.m. ET on Wednesday, March 31, 2010. Interested participants should call 1-888-549-7735 when calling within the United States or +1-480-629-9858 when calling internationally.

A playback will be available through April 7, 2010. To listen, please call 1-800-406-7325 within the United States or +1-303-590-3030 when calling internationally. Utilize the pass code 4275138 for the replay.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=000072B4, or visiting ViaVid's website at http://www.viavid.net/ , where the webcast can be accessed through April 7, 2010.

About ChinaNet Online Holdings, Inc.

The Company, a parent company of ChinaNet Online Media Group Ltd., incorporated in the BVI ("ChinaNet" or "Zhong Wang Zai Xian"), is a leading full-service media development, advertising and communications company for small and medium companies (SME) in China. The Company, through its certain contractual arrangements with operating companies in the PRC, provides Internet advertising and other services for Chinese SMEs via its portal website 28.com, TV commercials and program production via China-Net TV, and in-house LCD advertising on banking kiosks targeting Chinese banking patrons. Website: http://www.chinanet-online.com/ .

Safe Harbor

This release contains certain "forward-looking statements" relating to the business of ChinaNet Online Holdings, Inc., which can be identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "estimates" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulation of our industry, market demand, reliance on key personnel, future capital requirements, competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on ChinaNet's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting ChinaNet will be those anticipated by ChinaNet. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. ChinaNet undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

About Non-GAAP Financial Measures

To supplement our consolidated financial statements, which statements are prepared and presented in accordance with GAAP, we use the following non-GAAP financial measures: adjusted net income and adjusted EPS (basic and diluted). The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We use these non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our "recurring core business operating results." We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning, forecasting and analyzing future periods. We believe these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision making and (2) they are used by our institutional investors and the analyst community to help them analyze the health of our business.

The accompanying tables have more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliations between these financial measures.

Reclassification of Warrant Liabilities Associated with Series A Preferred Financings

The investor and placement agent warrants that were issued as a result of our August 2009 Financing contained a "Down-round protection" provision whereby for a period of twelve (12) months following December 31, 2009 (the effective date of the Registration Statement) in the event the Company issued any additional shares of Common Stock or securities exercisable, convertible or exchangeable for Common Stock at a price per share less than the exercise price then in effect or without consideration. According to ASC Topic 815 subtopic 40, the "Down-round protection" provision is not considered to be an input to the fair value of a fixed-for-fixed option on equity shares which lead to the Warrants to fail to be qualified as indexed to the Company's own stock and then fail to meet the scope exceptions of ASC Topic 815. Therefore, the Company accounted for the Warrants as derivative liabilities under ASC Topic 815. Pursuant to ASC Topic 815, derivative should be measured at fair value and re-measured at fair value with changes in fair value recorded in earnings at each reporting period.

On March 29, 2010 the Company and the holders of the Warrants entered into agreements to amend certain provisions of the Warrants. The amendment, which is retroactive from and including, August 21, 2009, to the investor and placement agent warrants removes the "Down-round protection" rights that were applicable if the Company were to issue new shares of common stock or common stock equivalents at a price per share less than the exercise price of the Warrants. In addition, the amendment to the warrants added a provision to grant the holders of a majority of the warrants an approval right until December 31, 2010, over any new issuance of shares of common stock or common stock equivalents at a price per share less than the exercise price of the warrants. An estimate of the financial effect cannot be made at this time.

For further information, contact:

HC International, Inc.
Ted Haberfield, Executive VP
Tel: +1-760-755-2716
Email: thaberfield@hcinternational.net

- Financial Tables Follow -

As of December 31,
2009 2008
(US $) (US $)
Assets
Current assets:
Cash and cash equivalents $13,917 $2,679
Accounts receivable, net 3,173 978
Other receivables 2,636 --
Prepayments and deposit to suppliers 4,111 4,072
Due from related parties 492 109
Due from Control Group -- 243
Inventories 2 1
Other current assets 30 46
Total current assets 24,361 8,128
Property and equipment, net 1,355 678
Other long-term assets 48 7
$25,764 $8,813

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable $ 290 $ 37
Advances from customers 914 608
Other payables 27 1,333
Accrued payroll and other accruals 191 66
Due to related parties 24 346
Due to Control Group 1,142 1,149
Due to director -- 10
Taxes payable 1,978 1,746
Dividend payable 373 --
Total current liabilities 4,939 5,295
Long-term liabilities:
Long-term borrowing from director 128 128
Warrant liabilities 9,564 --
Commitments and contingencies -- --
Stockholders' equity:
Series A convertible preferred stock,
US$0.001 par value; authorized - 8,000,000
shares; issued and outstanding - 4,121,600
and nil shares at December 31, 2009 and
2008 respectively (Liquidation preference
$10,304) 4 --
Common stock (US$0.001 par value;
authorized - 50,000,000 shares; issued and
outstanding 15,828,320 shares and 13,790,800
shares at December 31, 2009 and 2008
respectively) 16 14
Additional paid-in capital 10,574 599
Statutory reserves 372 304
Retained earnings 50 2,370
Accumulated other comprehensive
income 117 103
Total stockholders' equity 11,133 3,390
$25,764 $8,813

For the year ended December
31,
2009 2008
(US $) (US $)

Sales $37,724 $21,508
Cost of sales 21,233 13,786
Gross margin 16,491 7,722
Operating expenses
Selling expenses 4,198 2,705
General and administrative expenses 2,404 1,041
Research and development expenses 480 202
7,082 3,948

Income from operations 9,409 3,774

Other income (expenses):
Changes in fair value of warrants (4,425) --
Interest income 14 8
Other expenses (99) (20)
(4,510) (12)

Income before income tax expense 4,899 3,762
Income tax expense 880 962
Net income 4,019 2,800

Other comprehensive income
Foreign currency translation gain 14 71
Comprehensive income $4,033 $2,871
Net income $4,019 $2,800

Beneficial conversion feature of Series A
convertible preferred stock (5,898) --
Dividend of Series A convertible
preferred stock (373) --
Net income (loss) attributable to
common shareholders $(2,252) $2,800
Earnings /(loss) per share
Basic and diluted $(0.15) $0.20
Weighted average number of common
shares outstanding:
Basic and diluted 14,825,125 13,790,800

Year ended December 31,
2009 2008
(US $) (US $)
Cash flows from operating activities
Net income $4,019 $2,800
Adjustments to reconcile net income to net
cash provided by operating activities
Depreciation and Amortization 207 77
Other 8 6
Share-based compensation expenses 360 --
Changes in fair value of warrants 4,425 --
Allowances for doubtful debts 71 --
Changes in operating assets and
liabilities
Accounts receivable (2,262) (741)
Other receivables (2,634) 200
Prepayment and deposit to suppliers (29) (3,570)
Due from related parties (382) (107)
Due from/to Control Group 235 749
Other current assets 14 (33)
Accounts payable 253 (281)
Advances from customers 303 471
Accrued payroll and other accruals 124 21
Due to related parties (322) 317
Taxes payable 227 912
Net cash provided by operating activities 4,617 821

Cash flows from investing activities
Purchases of vehicles and office equipment (890) (490)
Purchases of other long-term assets (40) (7)
Net cash used in investing activities (930) (497)
Cash flows from financing activities
Increase of long-term borrowing from director -- 126
Increase/(decrease) of due to director (10) 548
Increase/(decrease) of other payables (1,308) 1,307
Cancellation and retirement of common stock (300) --
Proceeds from issuance of Series A
convertible preferred stock and warrants
(net of issuance cost of US$ 1,142) 9,162 --
Net cash provided by financing activities 7,544 1,981

Effect of exchange rate fluctuation on cash
and cash equivalents 7 57

Net increase in cash and cash equivalents 11,238 2,362

Cash and cash equivalents at beginning of
year 2,679 317
Cash and cash equivalents at end of year $13,917 $2,679

Supplemental disclosure of cash flow -- 12
information
Interest paid $ -- $ --
Income taxes paid $ 1,129 $673

Source: ChinaNet Online Holdings, Inc.

CONTACT: HC International, Inc. - Ted Haberfield, Executive VP,
+1-760-755-2716, or thaberfield@hcinternational.net

Web Site: http://www.chinanet-online.com/

Tags PR Press Release

CIC Introduces Enhanced Capabilities for On-Demand Straight-Through Processing Applications with SignatureOne Ceremony Server 2.0

Poster: SySAdmin

Posted on March 31, 2010 at 9:14:01 AM

CIC Introduces Enhanced Capabilities for On-Demand Straight-Through Processing Applications with SignatureOne Ceremony Server 2.0

New Functionality & Expanded Features Significantly Extend CIC's Competitive Advantage for SaaS Applications

REDWOOD SHORES, Calif., March 31 -- Communication Intelligence Corporation ("CIC") (BULLETIN BOARD: CICI) , a leading supplier of electronic signature solutions for business process automation in the financial industry* and the recognized leader** in biometric signature verification, announced today SignatureOne® Ceremony® Server 2.0 with added functionality that extends CIC's competitive advantage for SaaS applications.

SignatureOne Ceremony Server 2.0 delivers substantial enhancements which support industry directions related to SOA and Cloud Computing for deployed on-premise or hosted solutions as well as leveraging direct feedback by customers who have large scale SignatureOne Ceremony Server deployments operating in a service based model.

SignatureOne Ceremony Server has been adopted by several of the largest insurers in the US and top tier channel partners focused on the Financial Services vertical market. The latest release extends the capabilities desired by typical large enterprise organizations and provides the flexibility required for integration and embedding into applications from vertical market channel partners delivering SaaS and Cloud based solutions.

Innovations and Enhancements Deliver Substantial Business Value

Enhancements and innovations in SignatureOne Ceremony Server 2.0 include:
-- Support for mobile devices that include a web browsing and document
presentation capability such as the iPhone, Blackberry, or Windows
Mobile based phones,
-- Extended audit and security features including additional options for
identity verification and user authentication,
-- The full range of CIC signature methods for click-signing with
Knowledge Based Authentication (KBA) or our KnowledgeMatch(TM)
technology, PIN / Password, PKI, Voice, Fingerprint, and handwritten
signatures enabled for all major hardware device makers,
-- Implementation of support for the latest industry standards,
-- Extended workflow configuration options to support everything from the
simplest workflow to the most complex,
-- Extended web services, event services, and application program
interfaces to support the complexities of large enterprise integration
and embedding by our vertical channel partners, and
-- Simplified user interface and branding modularity to enable our
customers to easily create, modify, and maintain their own workflows,
legal and compliance content, and corporate style guides without
dependency on CIC.

"We are pleased that SignatureOne Ceremony Server 2.0 achieves the objective of equipping end-users as well as our solution providers with capabilities that fully enable optimization of straight-through processing applications," stated Russ Davis, CIC's CTO & VP Product Development. "CIC continues to monitor the technology, legal and compliance activities affecting our solutions, proactively solicit input on functionality from our valued clients, and leverage our unique experience and knowledge to ensure that we maintain our market and product leadership through delivery of the highest quality and most versatile solutions available."

SignatureOne Ceremony Server 2.0 has already been chosen by large financial service enterprise accounts as well as several strategic channel partners that plan to have it available with their deployed on-premise solutions and as a key component of their SaaS based offerings later this year.

SignatureOne Ceremony Server 2.0 is currently available. For more information please visit http://www.cic.com or contact us directly via email to sales@cic.com.

About CIC

Communication Intelligence Corporation ("CIC") is a leading supplier of electronic signature solutions for business process automation in the Financial Industry and the recognized leader in biometric signature verification. CIC's products enable companies to achieve truly paperless work flow in their eBusiness processes by enabling them with "The Power to Sign Online®" with multiple signature technologies across virtually all applications in SaaS and fully deployed delivery models.

Industry leaders such as AGLA, Allstate, American Family, Charles Schwab, Prudential, Snap-on Credit, Travelers, Wachovia, Wells Fargo and WFG (World Financial Group) chose CIC's products to meet their needs. CIC has deployments with over 400 channel partners and enterprises worldwide representing hundreds of thousands of users, with over 500 million electronic signatures captured, eliminating the need for over a billion pieces of paper. CIC sells directly to enterprises and through system integrators, channel partners and OEMs. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at http://www.cic.com/

*In December 2008, CIC was named to Forrester Research's "Hot Banking Tech Companies To Watch in 2009" Report.

**In October 2007, CIC was awarded the 2007 Global Frost & Sullivan Award for Market Leadership in the dynamic signature verification market.

Forward Looking Statement

Certain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the Company's technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.

CIC's logo, SignatureOne, Ceremony and the Power to Sign Online are registered trademarks of CIC. KnowledgeMatch is a trademark of CIC. All other trademarks and registered trademarks are the property of their respective holders.

Contact Information

CIC
Investor Relations & Media Inquiries:
Chantal Eshghipour
650-802-7740
investorrelations@cic.com

Source: Communication Intelligence Corporation

CONTACT: Chantal Eshghipour of CIC, +1-650-802-7740,
investorrelations@cic.com

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

Tags PR Press Release

Synchronica Acquires Colibria's IMPS Instant Messaging Business

Poster: SySAdmin

Posted on March 31, 2010 at 9:00:01 AM

Synchronica Acquires Colibria's IMPS Instant Messaging Business

ROYAL TUNBRIDGE WELLS, England, March 31 -- -- The acquisition of Colibria's proven Instant Messaging and Presence
Service (IMPS) & social networking gateway positions Synchronica as a
technology leader in the market for carrier-grade IM solutions
-- 13 existing live operator deployments, including two multi-national
framework agreements with tier-one mobile operators, will accelerate
Synchronica's entry into the fast-growing mobile IM sector
-- Acquisition is a key milestone in Synchronica's strategy to become the
leader in next-generation mobile messaging for emerging markets

Synchronica plc, the international provider of next-generation mobile messaging services, has signed an agreement to acquire Colibria's IMPS Instant Messaging business, reseller agreements and existing worldwide mobile operator customer base. The acquisition will accelerate Synchronica's entry into the fast-growing mobile IM sector and help to achieve its goal of becoming the leader in next-generation mobile messaging for emerging markets.

Synchronica will continue to develop, market and support Colibria's open standards-based IM technology as a stand-alone product. The software will also be integrated into Synchronica's Mobile Gateway messaging suite and will be pre-installed on the recently launched MessagePhone, a low-cost messaging-centric handset powered by Mobile Gateway.

Colibria's proven, carrier-grade, mobile IM technology and emerging markets-oriented customer base complement Synchronica's own focus on open standards-based messaging solutions for developing economies. Synchronica will use the acquisition as a springboard for cross-selling and up-selling opportunities as it seeks to further expand its market share in the rapidly expanding emerging markets.

Specifically, the acquisition includes:
-- Transfer of 13 carrier contracts, including two large carrier groups
with an addressable market of more than 320 million subscribers.
-- 46 Colibria employees, who will become part of the Synchronica team,
ensuring the continuous development of the acquired products and
support for transferred contracts.
-- Transfer of two reseller agreements with a tier-1 network equipment
provider and a leading messaging infrastructure software provider
related to the acquired IMPS products.
-- Colibria's Instant Messaging and Presence Service (IMPS), which
provides a complete, scalable and OMA standards-compliant mobile
operator messaging service.
-- Colibria's Windows Live Messenger Gateway, which allows users to
mobilise their Windows Live Messenger service.
-- Colibria's Social Network Gateway, which enables operators to provide
an interactive and inclusive mobile social network service as part of
an integrated mobile experience.
-- Colibria's dedicated App Centre, a collection of 'software as a
service' solutions designed to add instant value for the user and
boost revenues for the operator through increased traffic, premium
services and advertising.

Synchronica CEO Carsten Brinkschulte said: "Mobile IM and social networking are fast-growing sectors, in particular in emerging markets. Our acquisition of Colibria's IM business will allow Synchronica to offer a comprehensive range of next-generation messaging products to service providers, improving our competitive positioning and accelerating our commercial growth."

Brinkschulte continued: "Synchronica is fully committed to future development of the acquired products and to providing first-class, uninterrupted service and support to Colibria's IMPS customers. The transfer of 46 Colibria employees provides an assurance to Colibria's customers of a seamless transition and continuous support."

The acquisition will enlarge Synchronica's fast-growing footprint in emerging markets by adding key customer contracts in Latin America, Africa, the Middle East and Russia/CIS as well as global reseller agreements.

About Synchronica

Synchronica plc is a leading developer of next-generation mobile messaging solutions based on open industry standards. The award-winning product portfolio includes the flagship product Mobile Gateway, providing push email, synchronization, instant messaging, backup & restore and mobile connectivity to social networks. Synchronica's products are white-labelled and offered by mobile operators in emerging and developed markets to provide mass-market messaging services, increasing data revenues and reducing churn.

Synchronica's Mobile Gateway provides a unique multi-protocol gateway combining Push IMAP, SyncML, ActiveSync, Email-to-MMS and Email-to-SMS, delivering push email and synchronization to literally any mobile phone currently in the market without requiring an additional client to be downloaded. Expanding Instant Messaging to mobile devices, Mobile Gateway establishes carrier-branded IM communities using the industry-standard XMPP and provides gateways to popular internet IM communities connecting any IMPS enabled handset.

Headquartered in England, Synchronica also maintains a development centre in Germany, in addition to a regional presence in the USA, Hong Kong and Dubai. Synchronica plc is a public company traded on the AIM list of the London Stock Exchange (SYNC.L). For further information please visit http://www.synchronica.com.

About Colibria

Colibria is the leading global provider of new generation messaging, presence and social networking solutions. Colibria's award-winning technology enables operators and service providers to deploy enhanced messaging services in order to differentiate their services and to unlock new revenue streams. Colibria's innovative product portfolio provides highly scalable and modular solutions for the deployment, expansion and evolution of enhanced messaging, presence and social networking services.

Founded in 2000, Colibria has offices worldwide and is the provider of choice for enhanced messaging deployments and powers mobile communities throughout Europe, Asia and Latin America with a total addressable subscriber base in excess of 350m.

Colibria is a Norwegian company based in Oslo with Offices in Theale UK. For more information please visit http://www.colibria.com

Source: Synchronica plc

CONTACT: Nicole Meissner, Chief Operating Officer, Synchronica plc,
+44-1892-552-780, or mobile, +44-7977-256-412, or fax, +44-1892-552-721,
nicole.meissner@synchronica.com; or Erin Dendinger for Synchronica plc,
+1-703-390-1517, or fax, +1-703-860-2080, dendinger@merrittgrp.com

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

Tags PR Press Release

RATIO Architects Builds Greater In-Field Capabilities With AT&T Mobility

Poster: SySAdmin

Posted on March 31, 2010 at 8:35:01 AM

RATIO Architects Builds Greater In-Field Capabilities With AT&T Mobility

Wireless Handsets and Applications Help Firm Collaborate with Clients

INDIANAPOLIS, March 31 -- AT&T* today announced a two-year wireless contract with RATIO Architects, Inc., an interdisciplinary design and planning firm offering services in architecture, preservation, interior design, landscape architecture, urban design and planning, and graphic design. RATIO sought a wireless provider with a strong network, leading handsets and comprehensive technical support to better service its clients in the higher education, community, life science, workplace, lifestyle and cultural markets. Under the contract, AT&T will outfit the RATIO team with leading smartphones, laptop air cards and wireless service on the nation's fastest 3G network.

"As a national design firm, it's important that clients can reach our professionals quickly and efficiently," said RATIO's founding principal William A. Browne, Jr., FAIA, LEED BD+C. "Through the use of technologies like these, our team is able to maintain high levels of cross-disciplinary collaboration amongst project team members, which ultimately enhances the design process."

Using several smartphone applications, RATIO project directors can review e-mail communications, documents and high-resolution visual images. In addition, designers can stay connected to the office thanks to broadband speed connection with AT&T Laptop Connect cards.

Small businesses looking to find information about AT&T products and services can visit http://www.att.com/smallbusiness. For free business resources such as webinars, white papers, training, case studies and best practices, they can visit http://www.att.com/smallbusinessinsite.

*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About RATIO Architects, Inc.

RATIO Architects, Inc. (http://www.RATIOarchitects.com) is an award-winning design and planning firm with studios in Indianapolis and Champaign, Ill. offering services in architecture, historic preservation, interior design, landscape architecture, urban design and planning, and graphic design. Founded in 1982, its collaborative studios combine professionals from all disciplines to work on higher education, community, life science, workplace, lifestyle and cultural projects.

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T |DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.

Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com/. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at http://www.att.com/rss. Or follow our news on Twitter at @ATTNews. Find us on Facebook at http://www.Facebook.com/ATT to discover more about our consumer and wireless services or at http://www.Facebook.com/ATTSmallBiz to discover more about our small business services.

© 2010 AT&T Intellectual Property. All rights reserved. 3G service not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.

Source: AT&T Inc.

CONTACT: Bryan Blaise of AT&T Corporate Communications, +1-312-932-2831,
bblaise@attnews.us

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

Tags PR Press Release

Aria Completes Installation of the Axsys V-14 MSII Cameras and Troll Systems Downlinks in Royal Thai Army Bell 212 and UH-1 Helicopters

Poster: SySAdmin

Posted on March 31, 2010 at 8:35:01 AM

Aria Completes Installation of the Axsys V-14 MSII Cameras and Troll Systems Downlinks in Royal Thai Army Bell 212 and UH-1 Helicopters

ARLINGTON, Va.. March 31 -- Aria International Incorporated, the wholly-owned subsidiary of Aria International Holdings, Inc. (OTC: ARAH, "Aria"), a company focused on providing specialized surveillance and communications solutions to a global customer base, is pleased to announce that it successfully demonstrated and delivered integrated cameras and downlink systems installed on Royal Thai Army (RTA) helicopters. The Bell 212 and Bell UH-1H "Huey" platforms form an integral component in the airborne surveillance system being designed and delivered to the RTA. The first phase of this state-of-the-art surveillance system utilizes the Axsys V-14 MSII cameras mounted on three RTA helicopters along with advanced long-range down link systems manufactured by Troll Systems. The surveillance system is needed to support military actions that seek to discover and eliminate insurgent actions, detect illegal drug trafficking, and intercept illegal immigration in southern Thailand.

The three RTA helicopters (one UH-1H and two Bell 212's) now have the ability to conduct day and night surveillance missions and transmit real-time information to multiple locations around Thailand. Aria has also integrated the cameras with satellite communications systems allowing the transmission of the video in real-time to locations desired by the RTA. The system installed by Aria will allow military commanders in the region and at the RTA Headquarters in Bangkok to simultaneously monitor missions as they are being performed. The state-of-the-art cameras provide for HDTV quality pictures for the monitoring of activities at ranges unmatched by any competing systems on the market. The helicopters will also be able to share information and coordinate their activities in searching for illegal activity or responding to insurgent activity.

In addition to the cameras are the Troll Systems Corporation down-link systems capable of transmitting live day or night HDTV pictures to multiple locations simultaneously and over extended distances. These pictures are then transmitted to tactical operations centers, a mobile command vehicle, intelligence centers, and relayed via satellite communications to locations in Bangkok. The capability provides for real-time interaction between the ground forces and the intelligence forces that are coordinating the search for insurgents and the makers of Improvised Explosive Devices (IED's) in the South.

President of Aria, Mr. Mike "Bing" Crosby, stated: "The advanced surveillance system being designed and now implemented will provide critical intelligence in order to allow Thai officials to prosecute insurgents and criminals with greater effectiveness in the southern region of Thailand. Aria is committed to delivering the fully functional system to the RTA and to assist with its integration into existing systems as was initially envisioned by General Anupong. Our now fully demonstrated and validated modified helicopters are a component of the overall solution which will provide surveillance and communications systems to assist the Royal Thai Army with the necessary capabilities it requires to counter the increased insurgent activity and threats of crime, drug trafficking and terrorism."

About Aria International Incorporated

Aria International Incorporated is a wholly-owned subsidiary of Aria International Holdings, Inc. ("Aria"). Aria is focused on providing specialized surveillance and communications solutions to a global customer base. Aria operates as a solutions provider, systems integrator, and operator of surveillance and communications systems. Working closely with clients in a flexible and responsive manner, Aria is able to provide highly effective and efficient solutions that respond to customers' various defense and security requirements. For more information, please visit http://www.aria-int.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, with the exception of historical information, the matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties and the actual future results of Aria International Incorporated could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to finance the company's operations, inability to hire and retain qualified personnel, and changes in the general domestic and international economic climate. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by Aria International, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements.

Source: Aria International Holdings, Inc.

CONTACT: Investor Relations, Jody M. Janson, 888-802-ARIA (2742),
investor@aria-int.com

Web Site: http://www.aria-int.com/

Tags PR Press Release

Purdue Pharma L.P. Launches New Pain Management Resource for Healthcare Professionals

Poster: SySAdmin

Posted on March 31, 2010 at 8:28:01 AM

Purdue Pharma L.P. Launches New Pain Management Resource for Healthcare Professionals

Medical Education Resource Catalog Online Offers Free Tools to Support Proper Pain Care and Help Deter Medication Misuse

STAMFORD, Conn., March 31 -- Purdue Pharma L.P. announced today the introduction of the Medical Education Resource Catalog Online (MERCO), a web-based resource that provides licensed healthcare professionals in the U.S. with access to free educational materials to help improve the care of people with pain.

The resources address important aspects of pain management including patient and peer communication, medication therapy management, risk management, and safe storage and disposal of medication. The Focused and Customized Education Topic Selections in Pain Management (FACETS), is a CD ROM that contains various learning modules and resources that are developed for clinical educators and healthcare professionals interested in pain management education. Some topics within FACETS include: Pain Care in the Older Adult and Medication Errors and Strategies to Improve Safety and Outcomes with Analgesics.

Another resource within MERCO entitled ASAP (Addressing Substance Abuse Prevention) is an updated resource that provides slide modules intended to help healthcare professionals understand the scope of substance and medication abuse, which includes recognizing signs and symptoms of abuse, and steps on referring patients.

Some of the tools contained in MERCO have been developed in collaboration with leading clinical experts and are based on the most recent scientific data available in the medical literature. The web interface features a convenient, user-friendly format that organizes materials based on topic, discipline, and media type.

As part of the company's mission to help improve patient care and quality of life through education, Purdue Pharma's Medical Education Department has been providing healthcare professionals with free resources for more than a decade. The company also provides independent educational grants to healthcare professional associations, healthcare institutions and organizations for national, state and local education programs.

"The launch of MERCO is one of our newest initiatives and reflects Purdue's long-standing commitment to ensure that healthcare professionals have access to resources that help them keep pace with the complex and evolving field of pain management," said Dr. Lisa Miller, Pharm D., executive director of healthcare education and liaison programs at Purdue. "Purdue is working to help healthcare professionals improve the lives of patients with pain by providing safe and effective therapies and offering educational programs and tools that support their proper use."

Purdue Pharma L.P. is a privately-held pharmaceutical company known for pioneering research on persistent pain. Headquartered in Stamford, CT, Purdue is engaged in the research, development, production, and distribution of both prescription and over-the-counter medicines and hospital products. Additional information about Purdue Pharma can be found at http://www.purduepharma.com.

For more information, visit http://www.purduepharmamededresources.com/ or email MedEdResources@pharma.com.

Source: Purdue Pharma L.P.

CONTACT: Libby Holman, +1-203-588-7670, Libby.Holman@pharma.com

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

Tags PR Press Release

Private Media Group to Present at the 6th Annual Spring Growth Stock Conference in San Francisco

Poster: SySAdmin

Posted on March 31, 2010 at 8:21:01 AM

Private Media Group to Present at the 6th Annual Spring Growth Stock Conference in San Francisco

BARCELONA, Spain, March 31 -- Private Media Group, Inc. (NASDAQ:PRVTD) announced today that it will outline its strategic roadmap and growth strategy for 2010 and 2011 at Security Research Associates' (SRA) 6th Annual Spring Growth Stock Conference in San Francisco on 6th April at 10am (Pacific Daylight Time).

The conference, held at the Omni Hotel in San Francisco, will be attended by a select group of institutional portfolio managers and analysts, and will feature CEO's and CFO's from some of the fastest growing companies in the micro and small cap spaces.

If you are not able to attend, tune into the webcast by clicking on the following link http://www.wsw.com/webcast/sra10/prvt/ where the slide presentation can be downloaded and Mr. Bunimovitz's presentation can be listened to both in real time and after the event.

Ilan Bunimovitz, Chief Executive Officer of Private explained: "I am looking forward to presenting our story to the investor community and meeting interested parties face to face to explain our strategies in more detail."

If you are an investor attending the conference you can arrange a one-on-one meeting with Mr. Bunimovitz by contacting Jenny Gonzalez jenny.gonzalez@private.com (+34) 93 590 7328.

About Security Research Associates, Inc.

Security Research Associates, Inc. (SRA) was founded in San Francisco in 1980 and, today, offers investment banking and M&A services as well as institutional brokerage services. A boutique firm by design, SRA works with a select group of portfolio managers from around the country and focuses on technology and life science companies in the micro and small cap arenas. For more information about SRA see our web site at http://www.sracap.com or call us at 415-925-0346.

About Private Media Group

Founded in 1965, NASDAQ listed Private Media Group is a brand-driven world leader in adult entertainment, operating a global content distribution network with a wide range of platforms including mobile telephone handsets via 104 network operators in 45 countries, digital TV via 38 platforms in 24 countries, broadband Internet, television broadcasting, DVDs and magazines. Private Media Group owns the worldwide rights to its extensive archive of high-quality content, and also licenses its Private and "Silver Girls" trademarks internationally for a select range of luxury consumer products. Private is the world's preferred content provider of adult entertainment to consumers anywhere, at any time and across all distribution platforms and devices.

Corporate site: prvt.com, consumer site: private .com

Disclaimer

This release contains, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.

For further information please contact:
Giles Hirst
Marketing Director
Private Media Group
Tel +34 93 620 8090
giles.hirst@private.com

Source: Private Media Group

CONTACT: Giles Hirst, Marketing Director of Private Media Group, +34 93
620 8090, giles.hirst@private.com

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

Tags PR Press Release

Discover and Share the Best of the Web with PrkL8 for iPhone

Poster: SySAdmin

Posted on March 31, 2010 at 8:21:01 AM

Discover and Share the Best of the Web with PrkL8 for iPhone

Personalized Web Discovery with Easy Sharing on Facebook

CHAPEL HILL, N.C., March 31 -- PrkL8 today announced the launch of its free mobile discovery engine that provides an ongoing stream of interesting and entertaining web pages gleaned from sites all over the world. The PrkL8 (http://www.PrkL8.com) app searches the web for cool content such as trivia, intriguing images, how-to's and news with the push of a button and offers the opportunity to share instantly on Facebook.

PrkL8 allows users to discover and share eclectic web content by suggesting completely random articles, images and sites based on topics selected by the user. Continue to personalize the experience by pushing the "love" or "hate" buttons and PrkL8 will track preferences and provide new, more targeted suggestions each time the PrkL8 button is hit.

"Search is for when you have to do something. What about when you're bored and have a few minutes to kill? Waiting at a bus stop? Stuck in a useless meeting? That's where PrkL8 shines," said Chris Mills, CTO of PrkL8. "Press a button to see something cool. Press a button to let us know if you love or hate what you see. Press a button to share what you see with your friends. PrkL8 makes surfing the web more like channel surfing and less like talking to a reference librarian."

To get started, download the free app and provide an email address to register. Select subjects of interest such as sports, movies, entertainment news and travel to provide PrkL8 with a starting point for content suggestions.

PrkL8 Features
-- Suggests fun and creative content with a touch of a button
-- Allows users to rate suggested content with love and hate buttons
-- Easy access via Firefox, Internet Explorer, iPhone and iPod touch
-- Utilizes "love" and "hate" feedback to improve future suggestions
-- Comment on and share content with friends on Facebook

Availability

PrkL8 is now available for free in Apple's iTunes App Store and at http://www.PrkL8.com.

About PrkL8

PrkL8, a discovery engine, pulls together content from all over the web and uses powerful, distributed collaborative filtering techniques to suggest instant entertainment to users. The unique and interactive service allows users to break away from traditional search and discover interesting websites. Next time boredom sets in, push a button to see something new, rate it and share it. For more information on PrkL8 please visit http://www.PrkL8.com.

Media Contact:
Seana Norvell
FortyThree, Inc.
831.401.3175
PrkL8@fortythreepr.com

Source: PrkL8

CONTACT: Seana Norvell of FortyThree, Inc., +1-831-401-3175,
PrkL8@fortythreepr.com

Web Site: http://www.prkl8.com/

Tags PR Press Release

Technomedia Solutions and Commercial Systems Group Join Forces in Strategic Partnership

Poster: SySAdmin

Posted on March 31, 2010 at 8:14:02 AM

Technomedia Solutions and Commercial Systems Group Join Forces in Strategic Partnership

New Alliance Expected to Raise the Bar for IP Based Surveillance Technologies in Entertainment Projects

ORLANDO, Fla., March 31 -- Technomedia Solutions LLC and Commercial Systems Group announced today that they have entered into a strategic partnership with the intent to provide their combined customer base with the most advanced resources of the two prominent technology design integration companies.

Having worked together closely on many projects through the years, it became obvious that the two firms could benefit by a shared initiative to bring each others' great services to a broader list of potential clients. Most recently Technomedia enlisted CSG to assist in the final commissioning of the IP based surveillance system for Universal Orlando's Wizarding World of Harry Potter project. It was clear that combining core competencies could offer their customers enhanced value through Technomedia's world renowned A/V integration expertise and CSG's great reputation for cutting edge surveillance systems. Together, the team delivers broad applications that can be cost effectively translated to many other entertainment venues including night clubs, gaming facilities, sports arenas, theaters, parks, and other places where clients seek to simultaneously upgrade consumer experiences and safety.

Dino DeRose, president of CSG, noted, "Entertainment venues are recognizing the value that IP based innovations lend to the functionality, intelligence, and scalability of video surveillance systems and, with Technomedia recognized as a leader in managing large and complex projects all over the world, it was a natural fit to combine forces in order to rapidly deploy our innovations on a global basis."

The Technomedia team has been developing advanced technology and media concepts for museums, education, entertainment, and corporate clients for many years and is expanding operations in Los Angeles, NYC, and Orlando in 2010. The Company is committed to delivering world-class experiences to its clients and their patrons through the creative design and integration of technology and media, faithfully executing projects on time and on budget anywhere in the world.

Commercial Systems Group (CSG) specializes in commercial security systems, fire alarms, burglar alarms, access control, intercoms, CCTV security systems, nurse call systems, and sound systems that provide the most advanced technology solutions in a user-friendly and cost effective way.

For more information, please visit http://www.gotechnomedia.com

Source: Technomedia Solutions; Commercial Systems Group

CONTACT: Scott Bennett, +1-321-217-9629

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

Tags PR Press Release

Graebel.com, MoveMyHouse.com, and MoveManagementInc.com Now Certified to Display TRUSTe(R) EU Safe Harbor Seal

Poster: SySAdmin

Posted on March 31, 2010 at 8:14:02 AM

Graebel.com, MoveMyHouse.com, and MoveManagementInc.com Now Certified to Display TRUSTe(R) EU Safe Harbor Seal

Graebel Becomes TRUSTe Sealholder and Demonstrates Commitment to Consumer Privacy Protection

AURORA, Colo. and SAN FRANCISCO, March 31 -- Graebel Companies, Inc., today announced that its three Web sites: Graebel.com, MoveMyHouse.com, and MoveManagementInc.com have been certified to display the TRUSTe EU Safe Harbor Seal, which demonstrates its global commitment to consumer trust and privacy online. TRUSTe, the leading online privacy seal and trust assurance service, awards its privacy seals only to companies that complete the rigorous TRUSTe certification process and agree to comply with ongoing oversight and TRUSTe's consumer dispute resolution process.

"With more people online now than ever before, the number of cybercriminals trying to exploit consumer information has also grown to record numbers, making third party trust-marks an essential tool for both consumers and businesses," said Fran Maier, president and executive chair of TRUSTe. "By becoming a TRUSTe sealholder, Graebel gives its customers a clear signal that it is trustworthy, safe, and respects the privacy wishes of the people who visit its Web site."

The TRUSTe EU Safe Harbor Seal is a recognized symbol of trust among consumers and broadcasts a Web site's commitment to protecting the privacy of EU visitors through compliance with the EU-US Safe Harbor Framework and participation in TRUSTe's Watchdog Consumer Dispute Resolution service. The EU-US Safe Harbor Framework was developed by the U.S. Department of Commerce in concert with the European Commission to provide a framework by which US companies may comply with EU privacy directives protecting the personal information of European citizens.

"We are pleased to join TRUSTe in increasing consumer trust and following industry best privacy practices," said William Graebel, CEO of Graebel Companies, Inc. "TRUSTe certification serves as a benchmark in our ongoing commitment to safeguard consumer trust."

Site monitoring and the Watchdog Consumer Dispute Resolution mechanism are cornerstones of the TRUSTe EU Safe Harbor Seal and Certification Program. Through automated monitoring TRUSTe verifies the practices of seal program participants to ensure ongoing compliance with program requirements. TRUSTe's Watchdog Dispute Resolution services provide consumers and companies with an effective, easy-to-use method to resolve privacy disputes. TRUSTe also offers Site Reputation Services, which uses technology to regularly scan user-generated or third-party content for potential malicious content before it's uploaded to a Web site to reduce the risk of a malware attack.

About Graebel Companies, Inc.

Graebel is a global relocation company that provides worldwide relocation management services, domestic U.S. and international moving and storage services, freight forwarding, move management and commercial office moving and workplace services. Divisions include Graebel Relocation Services Worldwide, Inc., Graebel Movers International, Inc., Graebel Commercial Services, Inc., Graebel Van Lines, Inc., Graebel Movers, Inc, and Move Management, Inc. The World Headquarters is located in Aurora, Colorado and on-the-ground services are performed in 153 countries, and its centers are located throughout the U.S., Canada, and in Prague, the Czech Republic and Singapore. Graebel is a wholly owned, privately-held company boasting a strong balance sheet, proprietary technology and processes, and employs an extensively background-checked and trained employee workforce. Clientele include respected firms in the Fortune 500 and the global 100. 2010 marks the Graebel 60th anniversary in the relocation and moving industry. To learn more visit: http://www.graebel.com

About TRUSTe

TRUSTe Privacy Seals help consumers click with confidence by guiding them to trustworthy Web sites. Thousands of Web sites rely on TRUSTe industry best practices to help them make the right decisions about privacy and protecting confidential user information. Half of the top fifty Web sites are certified to TRUSTe's leading practices including, Disney, eBay, Facebook, Intuit, Microsoft and Yahoo. And, half of the top fifty Web sites are certified to TRUSTe's leading practices including leading retailers, Apple, eBay, Cabela's, Best Buy, Audible and LeapFrog. To find out more, visit http://www.truste.com/

Media Contacts:

Carolyn White
Graebel Companies, Inc.
(720) 857.1400
cwhite@graebel.com

Alex Ellis
Access PR for TRUSTe
(917) 522-3515
aellis@accesspr.com

Source: Graebel Companies, Inc.

CONTACT: Carolyn White of Graebel Companies, Inc., +1-720-857-1400,
cwhite@graebel.com; or Alex Ellis of Access PR for TRUSTe, +1-917-522-3515,
aellis@accesspr.com

Web Site: http://www.graebel.com/
http://www.truste.com/

Tags PR Press Release

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