SGOCO Group, Ltd. Announces Sale of Subsidiary, Honesty Group Holdings Limited
BEIJING, Nov. 15, 2011 /PRNewswire-Asia/ -- SGOCO Group, Ltd. (NASDAQ: SGOC), (the "Company" or "SGOCO"), a company focused on building its own brands and retail distribution network in the Chinese flat panel display market, including LCD/LED monitors, TVs, and application specific products, today announced the sale of 100% of the shares of its Hong-Kong-based subsidiary, Honesty Group Holdings Ltd. ("Honesty Group") to Apex Flourish Group Limited (the "Buyer"), a BVI company, for US$76.0 million. Honesty Group and its subsidiaries (the "Group") represented SGOCO's core manufacturing facility along with the land, buildings and production equipment.
Mr. Or, President and Chief Executive Officer of SGOCO commented, "We believe the sale of our manufacturing facility is the right step for SGOCO's long-term growth and development. This transaction helps transition our company from a heavy asset business model to a lighter asset model with greater flexibility and scalability."
The Company entered into an Agreement for Sale and Purchase ("SPA") with the Buyer pursuant to which it sold all of the outstanding capital shares of Honesty Group ("Sale Shares") for cash consideration of US$76 million. The transfer of the Sale Shares was effective on November 15, 2011. The cash consideration will be paid in installments over the next four months. Payment of the cash consideration is secured by a pledge of the Sale Shares and the Group's cash, accounts receivable and advances to suppliers. In the event that the Buyer does not make the installment payments, SGOCO will have the right to take back ownership of the Sale Shares or force the Buyer to liquidate the Group's cash, accounts receivable and advances to suppliers to have sufficient funds to make the payments to the Seller.
Pursuant to the SPA, the Buyer assumed SGOCO's obligations to invest $8.75 million in Guanwei (Fujian) Electron Technological Industry Co., Ltd. and to pay the balance of approximately $14 million remaining of the commitment to the Fujian Jinjiang government to invest in the Guanke Technology Park. In addition, the Buyer agreed that for three years from the date of the sale, the Group would continue to provide SGOCO with products and services in the same or substantially similar manner as it does now unless otherwise directed by SGOCO. The SPA also provides SGOCO with a right of first refusal for a period of five years that prohibits the Buyer, from selling or otherwise transferring any material interests, ownership or rights in or related to the Group including any shares, production premises, office space, real properties, leases, businesses, equipments and moulds, without first offering to sell or transfer to SGOCO. The Buyer also agreed for a period of three years not to solicit SGOCO's customers, clients or employees.
In connection with this transaction, SGOCO has transferred or is transferring certain contracts and assets, such as R&D equipment, sales contracts, trademarks and trademark applications, domain names and retail store agreements, from Honesty Group and its subsidiaries to SGOCO International (HK) Limited or its subsidiary SGOCO (Fujian) Electronic Co., Ltd. ("SGOCO (Fujian)"). The current patents will be retained by Honesty Group and any new patents will be filed by SGOCO. The Company has also entered into exclusive license agreements with Honesty Group for the use of the trademarks during the period after the sale and before the completion of their transfer.
The Company does not expect any disruption to its capability to deliver quality products to its expanding customer base. SGOCO believes that it will be able to retain all of its customers, its valuable brands, and its nationwide distribution network while substantially reducing its interest bearing liabilities. While the Company anticipates that in the near term it will continue to source its products from the Guanke Technology Park, it believes that the sale of the facility will provide it the flexibility to source products from other manufacturers at lower cost and not be constrained by Honesty Group's capacity limitations should SGOCO sales increase.
With the sale of the manufacturing facility, the Company does not anticipate a material adverse impact to SGOCO's revenues. In the near term, the Company anticipates gross margin will be lower as a percent of sales as products will be sourced from Honesty Group, partially offset by reductions in depreciation, interest and general and administration costs. As a result, the Company anticipates that net profit margin as a percent of sales will be lower than recent reporting periods. In the future, gross margins may be higher if outsourcing production to other manufacturers proves more cost effective.
SGOCO intends to use the proceeds from the sale to promote and expand its portfolio of brands, to expand the geographic coverage of SGOCO Image stores and to further develop its R&D capabilities and quality products.
The Buyer, Apex Flourish Group Limited, is an independent third party with interests in real estate and forestry products. SGOCO obtained a fair market value appraisal from an independent valuation advisory firm prior to the completion of the transaction. The agreed upon selling price is consistent with the valuation report. The board of directors of the Company reviewed the transaction and approved it by a unanimous vote.
Mr. Or continued, "Honesty Group and its subsidiaries employ nearly 800 people, of which approximately 80 employees will initially transfer from Honesty Group to SGOCO and SGOCO (Fujian) after the completion of this transaction. Our R&D efforts will not be impacted by this transaction as we have retained all of our highly skilled R&D staff and equipment and will continue to work on the advanced development of our flat panel display technology and its related products, brands and the expansion of our distribution channels."
"We remain quite excited about our future growth opportunities and will continue to strive to become a leader in the global flat panel display market," concluded Mr. Or.
About SGOCO Group, Ltd.
SGOCO Group, Ltd. is focused on developing its own brands and distribution in the Chinese flat panel display market. Our main products are LCD/LED monitors, TVs, and other application specific products. Our target markets are Tier 3 and Tier 4 cities where we compete by providing high quality products at competitive prices.
This press release contains "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. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company and the anticipated effects of the sale of Honesty Group and the Company's operations and financial condition after such sale set forth herein and those preceded by or that include the words "believe," "expect," "anticipate," "future," "intend," "plan," "estimate" or similar expressions, are "forward-looking statements".
Forward-looking statements in this release include, without limitation, the Company's ability to diminish its manufacturing risk, its ability to transfer material assets to SGOCO International, the Company's belief that it will not likely experience disruptions to its capability to deliver quality products to our expanding customer base and the Company's belief that it will be able to retain all of its customers, its valuable brands, and its nationwide distribution network. Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. These forward-looking statements can change as a result of many possible events or factors not all of which are known to the Company, which may include, without limitation, disruptions in the production of our products by Honesty Group, our ability to successfully transition our distribution network, our ability to complete the transfer of the necessary assets and contracts from Honesty Group, the possibility that the company may be obligated to pay the unpaid capital into Guanwei or the remaining investment commitment in Guanke Technology Park in the event Apex fails to do so, the risk that Honesty Group might be considered a variable interest entity under U.S. GAAP, which would require the company to consolidate the financial statements of Honesty Group in the company's financial statements, our ability to enforce the provisions of the SPA including the non-competition, right of first refusal and the Buyer's agreement to provide SGOCO with products and services in the same or substantially similar manner as the Group did prior to the transaction, our ability to outsource our manufacturing without the patents that will remain at Honesty Group, our ability to successfully transfer and retain our OEM contracts, our ability to retain sufficient personnel including our highly skilled R&D personnel, requirements or changes adversely affecting the LCD and LED market in China; fluctuations in customer demand for LCD and LED products generally; our success in promoting our brand of LCD and LED products in China and elsewhere; our success in expanding our "SGOCO Image" model; our success in manufacturing and distributing products under brands licensed from others; management of rapid growth; changes in government policy including policy regarding subsidies for purchase of consumer electronic products and local production of consumer goods in China; the fluctuations in sales of LCD and LED products in China; China's overall economic conditions and local market economic conditions; our ability to expand through strategic acquisitions and establishment of new locations; changing principles of generally accepted accounting principles; compliance with government regulations; legislation or regulatory environments; geopolitical events and other events and factors described in the "Key Information - Risk Factors" section in the Company's annual report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 29, 2011. The Company assumes no obligation to update any of the information contained or referenced in this press release.
SGOCO Group, Ltd. (China)
Bill Krolicki, VP of Finance
SGOCO Group Investor Relations Department
InCharge Launches Mobile Website for Debt-Stressed Consumers
Consumers can get financial information and seek expert advice from Certified Credit Counselors using their smart phones
ORLANDO, Fla., Nov. 15, 2011 /PRNewswire-USNewswire/ -- Consumers struggling with high credit card debt, contemplating bankruptcy or facing home foreclosure can get professional help from a leading nonprofit agency using their smartphones. InCharge Debt Solutions' new mobile website is designed and optimized for easy use by smartphone users. Simplified menus, abbreviated content and click-to-call buttons make it easy for mobile consumers to navigate the site, get current information on credit, housing or bankruptcy education solutions and tap into a library of financial articles.
The number of U.S. consumers using their mobile devices to access the web grew to more than 116 million, according to a report by comScore Device Essentials (Aug. 2011). Industry research projects that the sale of smartphones may eclipse PC sales as early as 2012. InCharge counselors report that many debt-strapped consumers are giving up home internet access to save money, and using their smart phones instead.
"The strong growth of smartphone usage is evident as our counselors work with increasing numbers of consumers who must rely on smartphones as the primary means of connecting to the Internet," said Etta Money, InCharge's president. "Our mobile site is designed to make it easy and intuitive to find critical information, search for a solution or take action, even when limited to the small screen of a smartphone."
InCharge's mobile website can be viewed by over 5,000 different brands of mobile devices, including major types such as Apple (iPhones and iPads), Android, Palm, Symbian, Windows Mobile and Blackberry. Mobile users can search for InCharge in their phone browser, or type the mobile URL (m.incharge.org) or regular URL (http://www.InCharge.org) into their browser. InCharge's website automatically detects mobile users and redirects to the mobile website. Consumers with more advanced, larger screen devices can switch to "desktop" view to use all the features and content of the regular website. The QR code displayed herein will also take mobile users directly to the site.
For users who have access to Internet-connected desktop computers, the full-featured website is available at http://www.InCharge.org. The desktop website features interactive games, extensive educational resources, calculators and other financial tools and full information on the credit counseling, HUD-approved housing counseling and bankruptcy education services available from InCharge.
Consumers can also get immediate help by calling:
-- For credit counseling, call 877-486-4924.
-- For housing counseling services, call 877-251-1882.
-- For bankruptcy services, call 866-729-0049.
-- For servicemembers, call 877-258-9549.
About InCharge® Debt Solutions
InCharge® Debt Solutions is a 501(c)(3) non-profit organization specializing in personal finance education, housing counseling, bankruptcy services, and credit counseling. Founded in 1997, InCharge interacted with over 1.2 million consumers in 2010 alone. InCharge is affiliated with InCharge® Education Foundation, Inc. (ICEF) which is dedicated to providing educational products, services and research supporting the personal financial literacy of consumers across America. ICEF also provides financial literacy training to servicemembers and their families through MilitaryMoney.com. InCharge is a member of the National Foundation for Credit Counseling (NFCC), the Association of Independent Consumer Credit Counseling Agencies (AICCCA), and is accredited by the Council on Accreditation (COA).
Contact: Media Relations InCharge® Debt Solutions (407) 532-5599 email@example.com
As Super Committee Deadline Nears, Budget Game Gives Public Chance to be ''Heroes''
New Feature Allows Super Committee Goals to be Played
WASHINGTON, Nov. 15, 2011 /PRNewswire-USNewswire/ -- With only eight days until the budget super committee's Thanksgiving deadline, and little sign of progress toward its US$1.2 trillion in budget savings, ordinary Americans have been trying to balance the budget - playing a new game, Budget Hero, over 1,000,000 times.
The interactive "serious game" challenges Americans from every part of the political spectrum to balance the federal budget. In so doing it provides a tool for bringing ordinary citizens into the debate over the federal budget, highlighting their budget priorities to policymakers, and giving them a look at the priorities of others and the genuine difficulty of balancing the budget without making real sacrifices.
This week, the students of Loyola Marymount University, Los Angeles and a group of high school students from Pasadena will race to balance the budget in a day. Marketplace host Kai Ryssdal will moderate a discussion with the high school students at the Pasadena event, being held at Southern California Public Radio's KPCC studios. "Budget Hero is filled with tough choices that engage players in the daunting task facing the Super Committee," Ryssdal said. "The cuts needed to save over a trillion dollars require serious compromise. They're about to learn how hard it is to reconcile political philosophy with the choices that are going to be necessary to win this game."
An engaging and fun civics lesson for the internet age, Budget Hero is already being incorporated into curriculum in schools across the nation, including the University of Louisville and the U.S. Naval Academy. Click here to watch local coverage of the Budget Hero demo at the University of Louisville.
One teacher from New York City called Budget Hero "the BEST tool that I could give [my students] to help them to understand economic and political issues."
The game, developed by American Public Media's Public Insight Network and The Wilson Center, makes it easy for people to compare their budget results to others and share them on Twitter and Facebook, as thousands of people have done.
The latest version of Budget Hero, which includes policy proposals by the Gang of 6 and the Bowles-Simpson deficit reduction committee, can be accessed at: http://www.budgethero.org, wilsoncenter.org, or Marketplace.org.
Notes to Editors
The Woodrow Wilson International Center for Scholars is the national, living memorial honoring President Woodrow Wilson. In providing an essential link between the worlds of ideas and public policy, the Center addresses current and emerging challenges confronting the United States and the world. The Center promotes policy-relevant research and dialogue to increase understanding and enhance the capabilities and knowledge of leaders, citizens, and institutions worldwide. Created by an Act of Congress in 1968, the Center is a non-partisan institution headquartered in Washington, D.C. and supported by both public and private funds.
About American Public Media and the Public Insight Network
American Public Media is one of the largest producers of public radio programming in the world, with a portfolio reaching 16 million listeners via nearly 800 radio stations nationwide each week. Programs include A Prairie Home Companion, Marketplace, Performance Today, The Splendid Table, On Being, American RadioWorks and many others. American Public Media's 125,000-plus member Public Insight Network promotes deep connections between journalists across the country and the communities they serve. American Public Media is the parent organization for Minnesota Public Radio, Southern California Public Radio and Classical South Florida. A complete list of stations, programs and additional services can be found at http://www.americanpublicmedia.org.
Sococo Announces New Team Space Navigation and Administration Console
Sococo Improves Using and Managing Enterprise Communications
SANTA CLARA and MOUNTAIN VIEW, Calif., Nov. 15, 2011 /PRNewswire/ -- ENTERPRISE 2.0 -- Sococo, the social communications company, announces new enterprise navigation and management architectures for the Team Space virtual work environment at Enterprise 2.0 this week. The new enterprise navigation allows users to easily navigate enterprise deployments of 100,000 people, and 100s to 1000s of virtual work spaces. The new management console provides expanded administration capabilities for enterprise Team Space deployments.
The new Team Space enterprise navigation utilizes preview images and accelerated client software to greatly improve the user experience and speed of navigating across virtual work spaces. Users are able to see all of the virtual work spaces they belong to and navigate to them by a top down view of icons representing individual Team Spaces. Combined with new client performance enhancements, large scale enterprise navigation has been improved and made easier for users.
The new Team Space enterprise administration console is a web-based service that significantly simplifies the management of large organization deployments. The administration console offers new features such as bulk contact list import and on-boarding, multi-level membership and feature permissions management, and work space configuration control.
"Managing and using Team Space in the enterprise has just gotten much easier and faster," said Chris Wheeler, president, Sococo. "Sococo's launch of new navigation and management capabilities shows our commitment to provide enterprise-scalable communication tools that are easy to use and manage."
What is Sococo Team Space?
Sococo Team Space is an always-on virtual work environment that integrates people, applications, processes, and communications within a unique spatial user interface. Team Space provides users a socially-aware work experience that enables both ad hoc and scheduled interactions so teams can assemble the right expertise at the right time to address issues as they arise. The result is improved enterprise productivity with reduced costs. Team Space is available on a subscription basis. A complimentary trial is available by visiting http://www.sococo.com/enterprise.php or calling +1 650-265-7013.
Sococo is the social communications service company. Sococo's flagship product, Team Space, is a virtual work environment enabling teams to communicate and solve problems more quickly, efficiently, and cost effectively. Team Space is used in 64 countries by over 3,400 teams. Founded in 2007, Sococo is privately held and headquartered in Mountain View, CA.
Sococo has been named a Gartner Group Cool Vendor, 2011, a TiE50 Award Winner, 2011, a Start Up to Watch by CIO Magazine, 2010, a Top Ten Hot Emerging Vendors by CRN, October 2010, and an Emerging Technology Award Winner by the Silicon Valley/San Jose Business Journal, 2010.
Sococo Media Contact: Leigh Anne Varney, Varney Business Communication, firstname.lastname@example.org, +1 415 387 7250
Juniper Systems Introduces the Mesa with Barcode Scanner, the Ultimate Asset Management Tool for Rugged Environments
LOGAN, Utah, Nov. 15, 2011 /PRNewswire/ -- Juniper Systems is proud to introduce the latest enhancement to the one-of-a-kind Mesa Rugged Notepad, the Mesa with Barcode Scanner. Featuring an integrated high performance 1D/2D barcode scanner, the Mesa with Barcode Scanner is the only Windows Mobile® barcode scanner with a large 5.7 inch display that still fits comfortably in one hand, a critical necessity during long workdays. The barcode scanner can be added to any Mesa model and can also be retrofitted on to any existing Mesa. The Mesa with Barcode Scanner is now available for order and domestic and international shipment.
"The unique features of the Mesa Rugged Notepad, combined with the powerful scanning capabilities of the integrated barcode imager, results in the ultimate asset management tool for rugged environments. Whether you're working in asset management, facilities maintenance, transportation and logistics, inventory, or utilities, the Mesa with Barcode Scanner is sure to collect and protect your data, day in and day out," said Josh Egan, Product Manager at Juniper Systems.
The Mesa with Barcode Scanner is built for rugged outdoor applications, excelling in conditions with bright sunlight and dark shadows. It quickly scans at various angles and distances, and even through glass, greatly improving worker productivity. By featuring a laser for aiming and a pick list mode for easy selection of multiple barcodes in close proximity, the scanning accuracy of the Mesa with Barcode Scanner is easy and precise. The Motorola(TM) scan engine inside the Mesa ensures compatibility with the majority of barcode scanning software, in addition to the included Barcode Connector(TM) utility that allows the Mesa with Barcode Scanner to be used right out of the box.
As mentioned, the barcode scanner can be added to any of the three models of the Mesa Rugged Notepad.(TM) The Standard Mesa features Wi-Fi® and Bluetooth® wireless technology, while the Geo model adds 2-5 meter accuracy GPS and a 3.2MP camera enhanced with Juniper Geotagging(TM) (the ability to embed and emboss photos with date, time, and GPS position). The Geo 3G model includes all of the features of the Mesa Geo, plus a 3.5G GSM data modem for increased connectivity capabilities.
Like other Juniper Systems rugged handheld computers, the Mesa with Barcode Scanner is built to survive the toughest environments. It is built to IP67 standards, making it fully waterproof and dustproof, and designed to MIL-STD-810G standards for water, humidity, sand and dust, vibration, altitude, shock, and temperature. Its rugged magnesium and plastic chassis protects the Mesa from up to four foot drops onto concrete.
About Juniper Systems
Based out of Logan, UT, Juniper Systems designs and manufactures rugged handheld computers for mobile data collection in extreme environments. Since 1993, Juniper Systems has provided innovative mobile technology to agriculture, natural resource, industry, geomatics, public works, and military markets.
Kirk Earl, Marketing Communications Manager
1132 W. 1700 N. Logan, UT 84321
Phone: 435-753-1881 Fax: 435-753-1896 http://www.junipersys.com
Crowd Factory Launches Professional Edition for Powerful Facebook Campaigns
New version of Crowd Factory's social marketing suite enables marketers to instantly create and launch custom Facebook marketing campaigns, build a powerful Influencer Database and determine Social ROI
SAN FRANCISCO, Nov. 15, 2011 /PRNewswire/ -- Crowd Factory, the leader in crowd-powered marketing applications, today launched Crowd Factory Professional Edition, a new version of its social marketing suite designed specifically to help marketers develop and deploy an array of different social campaigns on Facebook pages with just a few clicks. The new Professional Edition also includes Crowd Factory's popular Influencer Database. Crowd Factory Professional Edition is now generally available for $499 per month, and a 14-day free trial is now also available at http://crowdfactory.com/free-trial/.
Crowd Factory Professional Edition includes point-and-click creation of custom Facebook apps for:
-- Instant polls - Engage users and gather helpful feedback on any topic.
-- Voting campaigns - Allow users to vote on anything and tell their
friends about it.
-- Video sharing - Publish a YouTube video and allow viewers to share it
-- Sweepstakes - Create a full-featured sweepstakes on your Facebook page.
-- Flash deals - Launch a Facebook promotion that ends in a set number of
-- Like gates - Create a "Like" gate on your Facebook tab(s) to build your
fan base quickly
In addition to the pre-built Facebook apps, Crowd Factory Professional Edition also gives marketers the ability to create Crowd Factory Share and Gesture Buttons and deploy them on websites or landing pages to encourage social sharing. As people interact with the sharing features, Professional Edition builds a powerful Influencer Database in the background, giving marketers the ability to see which individuals are driving word-of-mouth amplification and how many visits and conversions result from their activity. Similar to Crowd Factory's popular Premium Edition, Professional Edition also includes powerful dashboards and analytics so marketers can see the results of their social marketing in real-time.
Crowd Factory Professional Edition is the latest in the company's "codeless campaign" innovations that empower marketers to quickly and easily set up social campaigns without involving IT. Earlier this year, Crowd Factory began offering DIY campaign creation tools to enable marketers to instantly create flash deals and group offers or launch custom microsites and Facebook tabs for their social campaigns.
"We hear time and again that marketers are looking for cost-effective ways to simplify and accelerate their social campaign development. Crowd Factory's Professional Edition will enable companies to create rich, new social campaigns in a matter of minutes," said Sanjay Dholakia, CEO of Crowd Factory. "Professional Edition is another great advancement for companies looking for a cost-effective way to harness the power of the crowd."
The Crowd Factory Social Marketing Suite is a robust set of enterprise-grade social marketing applications that allow companies to embed social elements into any marketing experience -- including videos, emails, registration pages, ecommerce sites, ads and more -- with built-in analytics to track, measure and optimize these programs in real-time. Crowd Factory provides marketers with an integrated, cross-channel approach to social engagement that spans their entire online presence and can be measured all the way through to conversion.
For more information about Crowd Factory, please visit crowdfactory.com.
For the latest news and updates, follow Crowd Factory:Facebook: facebook.com/crowdfactoryTwitter: twitter.com/crowdfactory
About Crowd Factory
Crowd Factory helps brands drive customer acquisition and increase conversion rates by adding a quantifiable social boost to every digital interaction. The Crowd Factory Social Marketing Suite is a robust set of enterprise-grade social marketing applications that allow companies to embed social elements into any marketing experience -- including videos, emails, registration pages, ecommerce sites, ads and more -- with built-in analytics to track, measure and optimize these programs in real-time. For the first time, marketers can offer social engagement across their entire online presence and measure social ROI from engagement to conversion. Customers include HBO, Sony, Microsoft, Molson Coors, PR Newswire, American Red Cross and McAfee. Crowd Factory is a privately held company based in San Francisco, Calif. For more information about Crowd Factory, please visit http://crowdfactory.com.
SOURCE Crowd Factory
CONTACT: Leyl Black of Sparkpr, +1-415-321-1868, email@example.com, for Crowd Factory
Announcing Hearsay Social for Google+ Pages, Corporate-to-Local Management for Top Brands
Brands with local stores or distributed representatives can now manage, protect, and publish campaigns to all of their Google+ Pages
SAN FRANCISCO, Nov. 15, 2011/PRNewswire/ -- Hearsay Social, the award-winning social media management platform for brands with local agents, advisors, employees, or franchisees, today unveiled Hearsay Social for Google+ Pages, a robust integration with Google+ for brands coinciding with the launch of the Google+ Pages trial API.
Popular among insurance, financial services, retail, and direct selling organizations, Hearsay Social is the only comprehensive social platform that enables businesses to scale at every level from corporate to field management to local, and on every social network, including Facebook, LinkedIn, Twitter, and now Google+.
"We are thrilled to be a launch partner of Google+ Pages for brands," said Clara Shih, CEO and co-founder of Hearsay Social and former Google employee. "Our vision has always been to protect and empower brands wherever their employees and customers are having social brand conversations. Today's announcement is an important part of our ongoing commitment to deliver the forefront of innovation to our customers."
Starting today, Hearsay Social has extended its core product modules to now support Google+ Pages, including:
-- Hearsay Social Content Publisher for scheduling posts and campaigns
across brand and local pages
-- Hearsay Social CRM for deepening local customer relationships
-- Hearsay Social Compliance Module for FINRA and SEC compliance and
infraction monitoring, used by financial services customers
-- Hearsay Social Analytics to roll-up metrics across every brand or local
Beyond integration with these modules, Hearsay Social is also launching content targeting for Google+ Circles. For the first time, marketers can schedule and post campaigns targeting specific audience segments that they have categorized into custom-defined Circles, such as influencers, loyal customers, at-risk customers, or even company employees and job candidates.
"After seeing 40 million users join Google+ in less than five months, it is not surprising that our customers want to invest in and manage Google+ brand pages and profiles using Hearsay Social," said Steve Garrity, CTO and co-founder of Hearsay Social. "We are delighted to be among the first to offer integration with Google+ Pages for brands, and we remain committed to delivering to our customers and their customers all the best options for highly effective social brand conversations."
About Hearsay Social
With over five million fans and 15,000 successful social pages under management, Hearsay Social's enterprise technology enables top brands and their local representatives to publish content, deepen customer relationships, and minimize brand and regulatory risk on social media. We are the only solution that both protects and empowers on social, and that can instantly scale to manage tens of thousands of pages or profiles.
Hearsay Social has raised over $21M from Sequoia Capital, NEA, and top executives from Twitter, Facebook, and YouTube, and is headquartered in Silicon Valley with offices in New York and Ohio.
Groundbreaking New Research from UBM Channel Highlights Best Companies To Partner With
Microsoft tops the list in comprehensive annual directory of must-have vendors
FRAMINGHAM, Mass., Nov. 15, 2011 /PRNewswire/ -- UBM Channel today unveiled groundbreaking new research at COMDEXvirtual. The first annual "Best Companies to Partner With" is a comprehensive directory of the must-have vendors that VARs should partner and provides IT solutions providers a much needed roadmap to navigating vendor relationships. UBM Channel's CRN editorial and IPED research teams surveyed more than 220 vendors in 13 technology categories earlier this year to gauge VAR perceptions of a company's brand, technical prowess, market strength and channel programs. Microsoft secured the number one spot on the Best Overall list followed by Intel, VMware, HP and Cisco. In addition to Best Overall, UBM Channel features the Best Company To Partner With By Technology Category, Best Companies To Partner With -Small Business, and Best Companies to Partner With - Enterprise. To view the full list, please visit http://www.COMDEXvirtual.com or follow us on Twitter @COMDEXvirtual for live updates.
With so many potential partners specializing in various technologies, UBM Channel recognized a growing industry challenge in choosing the right partner. As such, the company leveraged the power of its research team to help IT solution providers in the process. Results of the research are based on the vendor's ability to:
-- Exhibit strong dedication to the channel
-- Offer a VAR-friendly channel program
-- Continually capture and maintain Market Share
-- Demonstrate brand strength and technical prowess
"Today's disruptive technologies, rapidly changing customer needs and transformative Solution Provider business models contribute to great change for solution providers as they evaluate which vendor relationships (new or old) are most important to them," said Kelley Damore, CRN VP and Editorial Director. "Unlike anything else in the industry, our new research arms IT solution providers with the most up to date, valuable vendor information to assist in the decision making process and supports our goal of serving as the only resource for ongoing channel expertise."
The survey sought to determine which vendors were most important in four distinct categories:
-- Customer Demand (Customer Request for Brand or Technology, Customer's
-- Partner Relevance (Percentage of Revenue, Frequency Sold)
-- Technology (Best of Breed, Breadth of Product Line)
-- Partnership (Profitability in Margin and Services, Financial Stability,
Training and Ease of Doing Business)
Follow us on Twitter @COMDEXvirtual and use hashtag #comdex to discuss the event!
About UBM Channel
UBM Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With more than 30 years of experience and engagement, UBM Channel has the unmatched channel expertise to execute integrated solutions for technology executives, managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. UBM Channel is a UBM company. To learn more about UBM Channel, visit us at http://www.ubmchannel.com.
UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organized into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.
CA Technologies Modernizes Mainframe Management with Next Wave of CA Mainframe Chorus Deliverables
New Security, Compliance and Storage Roles Accelerate Next-Generation Mainframe Management
LAS VEGAS, Nov. 15, 2011 /PRNewswire/ -- CA WORLD - CA Technologies (NASDAQ: CA) today announced two new, integrated roles and a new release of its revolutionary CA Mainframe Chorus unified management workspace, greatly extending its capabilities to modernize mainframe administration.
In addition to the DB2 for z/OS management role included with the first release of CA Mainframe Chorus, the new release extends its innovative management paradigm with two new roles -- CA Mainframe Chorus for Security and Compliance Management and CA Mainframe Chorus for Storage Management. All three roles access a common management workspace with CA Mainframe Chorus, so staff can manage more than one administrative area.
"CA Mainframe Chorus is a ground-breaking innovation from CA Technologies and the cornerstone for our Next-Generation Mainframe Management strategy, which helps customers reduce costs, simplify management and increase IT agility," said Dayton Semerjian, general manager, Mainframe Customer Solutions Unit, CA Technologies. "The advances in the CA Mainframe Chorus platform and expansion of its management roles help enable the new hybrid IT staff required to run the next generation hybrid mainframe."
CA Mainframe Chorus for Security and Compliance Management
The new role helps security specialists simplify and streamline security and compliance administration to:
-- Extend CA ACF2 and CA Top Secret's Compliance Information Analysis
database to help provide managers with accurate security information in
-- Advance reporting capabilities that help administrators understand
security policies and the context around security events, so they can
more quickly create customized reports.
-- Enhance event handling for z/OS to assist organizations in addressing
and continuously maintaining compliance with government regulations and
CA Mainframe Chorus for Storage Management
The new role helps storage administrators save time and money by providing:
-- Web browser capabilities that help to reduce management complexity, and
accelerate storage management productivity and efficiency.
-- The flexibility to easily set thresholds to automate monitoring of
storage levels and more quickly identify, diagnose and resolve problems
before they impact storage availability and performance.
-- An interactive graphical topology that provides timely, detailed
qualitative analysis to help storage managers more easily and quickly
view and accurately report on the entire storage infrastructure.
-- Historical trend analysis that automates the tracking and graphing of
comparative storage volume data to simplify diagnosis and resolution of
CA Mainframe Chorus for DB2 Database Management
The second release of the DB2 DBA role includes enhancements that are designed to further simplify and streamline management, and extend flexibility and control in managing the DB2 environment.
"We need to support business growth and stay competitive, but budget cuts and staffing challenges make it difficult to manage our growing CPU power and increasing IT complexity," said Arie Berger, manager, Operating Systems and Information Security for El Al. "CA Mainframe Chorus, with its innovative new technology and modern management workspace, will help us simplify management, increase the agility and productivity of our IT operations and attract new mainframe talent."
"We are looking to increase our efficiency and effectiveness in managing and securing our mainframe and DB2 environments so that we can continue to deliver quality service to over one million customers," said Randy Senn, CIO, SCANA Corporation, a Fortune 500 energy-based holding company. "SCANA is participating in the Security beta and is excited about what the addition of the Security and Compliance role can deliver for our enterprise."
All of the new CA Mainframe Chorus releases and roles will be available this month.
Today's announcement supports customers as they transition from simply managing IT to delivering business services. CA Technologies applies a unique value roadmap to each customer's business goals to deliver Business Service Innovation: new levels of speed, innovation, performance and cost/risk efficiencies.
CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments - from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies' innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at http://www.ca.com.
Follow CA Technologies
-- Social Media Page
-- Press Releases
CA Technologies EVP Peter Griffiths Explains Strategic Role of Business Service Innovation in the Emerging Hybrid Enterprise
Service Assurance, Automation, Security and Management Keys to Positioning IT at the Center of Business Transformation
LAS VEGAS, Nov. 15, 2011 /PRNewswire/ -- CA WORLD -- In a keynote address at CA World 2011, CA Technologies Executive Vice President Peter Griffiths explained how Business Service Innovation is being catapulted into a new strategic role as a result of the new challenges and opportunities facing the emerging hybrid enterprise.
According to Griffiths, who heads the company's Technology and Development Group, end user expectations driven by mobile applications, converging all-IP digital platforms and e-commerce, have placed tremendous pressure on new and legacy IT infrastructures to deliver reliable, innovative services. This demand requires IT organizations to be agile and adaptive in leveraging both internal resources--and the expanding availability of private and public cloud resources. To effectively orchestrate and leverage these diverse resources, IT must quickly build exceptional capabilities in the areas of service assurance, automation, security and management.
"Users are demanding an increasingly rich, responsive and reliable experience," said Griffiths. "This raises the bar for Business Service Innovation to deliver outstanding end-user experience by linking transactions and applications with the performance, risk and quality of services across cloud, virtual and physical environments."
Griffiths noted that the urgency of IT's need for Business Service Innovation is being driven by multiple factors--including an evolving IT landscape where each of these business services are developed as composite applications that change and evolve rapidly.
"IT has to deliver many more services that change much more quickly--and they are turning out to be composite, cloud-spanning applications," he said. "This evolving hybrid enterprise of the future will include devices, on-premise systems and data, external cloud services, and new applications developed by the enterprise and deployed in the cloud. In this future enterprise, IT organizations need to be equipped with a broad range of solutions that help them deliver IT at the speed of business."
Griffiths underscored the unique value and solutions CA Technologies offers with respect to Business Service Innovation--as well as the company's unique commitment to fulfilling customers' evolving needs for optimizing the service delivery in a the fast-moving, complex world of the "new normal." He underscored how cloud computing has evolved into an actionable IT and business strategy for improving the cost structure, service delivery, and business value of IT.
"Only CA Technologies can take customers to the hybrid enterprise around an integrated set of platform services," he declared. "And only CA Technologies has the solutions that encompass the entire services delivery lifecycle."
To substantiate this claim, Griffiths pointed to the steps CA Technologies has taken to extend its leadership in Business Service Innovation, including:
-- The announcement of the company's Next-Generation Mainframe Management
strategy, designed to address the most pressing customer needs to reduce
costs, sustain critical skills, and increase IT agility in the hybrid
data center and the cloud.
-- The acquisition of ITKO, which replicates hybrid environments from the
mainframe to the cloud to help customers predict how services will
perform under real-world conditions;
-- The integration of CA AppLogic into the BSI platform, which allows
customers to quickly and easily provision, deploy and manage
applications service across private, public and hybrid clouds using an
intuitive browser interface;
-- The company's partnership with VCE to deliver infrastructure automation
for Vblock environments;
-- The new cloud solutions, CA IdentityMinder as-a-Service and CA FedMinder
as-a-Service, join the company's existing advanced authentication
services as part of the new CA CloudMinder(TM) family of IAM cloud
solutions support both cloud-based and on-premise applications; and,
-- A growing portfolio of SaaS solutions such as CA Clarity on Demand, CA
ecoSoftware and Nimsoft that are delivering project and portfolio
management, monitoring and service management as cloud services.
"The SaaS delivery model is a foundational element for the future of the hybrid enterprise," Griffiths observed. "The management and delivery of SaaS-based solutions is a key for CA Technologies as we join with our customers and partners to enable our collective success--from the mainframe to the cloud."
CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments - from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at http://www.ca.com.
Follow CA Technologies
-- Social Media Page
-- Press Releases
Action-Adventure Gaming Fans can Sign-Up Now to Gain Exclusive Access
before Worldwide Launch
Bigpoint ( http://www.bigpoint.com) - a worldwide leader in online
games - today announced that The Mummy Online
[http://themummy.bigpoint.com ] has begun accepting registrations for its
closed beta period. Developed in collaboration with Universal Partnerships &
Licensing, The Mummy Online is a breakthrough, action-adventure RPG that
delivers high-end gameplay through an engaging story inspired by the
massively successful film franchise.
Participants interested in joining The Mummy Online's exclusive closed
beta can register for access at http://themummy.bigpoint.com. Once
in-game, players will fight their way through a single-player tutorial level
before selecting their allegiance (Raider or Cultist) and class
(Gunslinger/Assassin, Brawler/Enforcer, or Scholar/Priest). As players gain
experience through both PvE and PvP gameplay, they will be able to learn new
skills, unravel special capabilities, and purchase more powerful equipment.
Battle across Cinematic Environments
Based on the existing terrain of Egypt, players can explore the map of
Amarna with several PvE regions that include the Dunes, River, Maze, and
Rocky Fields. Here, players will confront a range of monsters, including
several types of scarabs, scorpions, pygmies, Anubis warriors, and mummies.
Within the PvP areas of the Tomb, Oasis, and Ruins, players can battle
against players of opposing allegiances and capture ancient obelisks to
dominate the playing field.
With the closed beta expected to last several weeks, Bigpoint will
unlock player accounts in waves to ensure game stability and performance. At
the conclusion of the closed beta period, Bigpoint will review all feedback,
optimize virtually every aspect of the game, and ready The Mummy Online for
the official open beta launch.
Customer Support Best Practices Series Gaining Worldwide Appeal
SAN FRANCISCO, Nov. 15, 2011 /PRNewswire/ -- Zendesk, the proven cloud-based help desk software provider, today launched Zendesk University, which offers both beginning training courses for new customers and more advanced courses for experienced agents and administrators. Training courses are available online, in-person at Zendesk's headquarters in San Francisco, or on site in customer offices.
Zendesk 101 is an introductory course for customers just getting started with Zendesk. Participants learn the essential best practices to get a help desk running smoothly. The course covers all of the features that Zendesk users will be using on a daily basis, with the inclusion of tips, tricks and advice from the experts. It is targeted toward both agents and administrators of the product and leads into the rest of our training series on Zendesk.
In addition, Zendesk University delivers training courses for agents and administrators to get up-to-speed fast and learn advanced functionality that will optimize support team efficiency. The courses are hands-on and include exercises and help desk best practices. This is the same course Zendesk uses to train all its own support agents; Zendesk support is one of the best in the industry with a 94 percent satisfaction rating. What's more, the training courses are amazing opportunities for agents and administrators to share their experiences with the product and where they've been most successful in its implementation.
"I highly recommend this class for anyone setting up Zendesk," said Jason Howard, Customer Support Manager, Livescribe. "It was very helpful to not only receive direct input and advice on my implementation but also see how other users are applying it in their environment."
"Zendesk University is our response to the large number of customers asking for training courses that will teach them how to get the most out of Zendesk," said Zendesk COO Zack Urlocker. "Regardless of how easy or intuitive a solution is, training courses such as ours go the extra step by teaching best practices on how to implement these features in the most efficient and effective way possible, lessons that can redefine how your organization tackles customer service."
All Zendesk courses are co-developed and delivered by CustomWare, an international services firm that specializes in helping fast-growing companies deliver services to their customers. In addition to Zendesk, CustomWare also delivers education and professional services for innovative companies such as Atlassian, Cast Iron Systems (an IBM company), Get Satisfaction, Kaazing, Nitobi and Contegix.
"We're excited to be working with Zendesk and have designed a highly efficient training course that not only brings your support team up to speed on Zendesk's functionality, but also brings it to the next level, quickly, by leveraging best practices and getting everyone on the same page. Having just finished a15-city tour across Europe that was met with phenomenal success, we've incorporated best practices in Zendesk customer support, while giving attendees the opportunity to share their experiences and insights into how to make their help desk delight their customers."
Zendesk is the leading provider of proven, cloud-based help desk software. For growing organizations, Zendesk is the fastest way to enable great customer service. More than 10,000 Zendesk customers, including Adobe, MSNBC, Sony, OpenTable and Groupon, trust Zendesk with their most valuable assets: their customers, partners, and employees. Founded in 2007, Zendesk is funded by Charles River Ventures, Benchmark Capital and Matrix Partners. Learn more at http://www.zendesk.com.
CONTACT: Lisa Kornblatt of SSPR, +1-847-415-9330, firstname.lastname@example.org, for Zendesk
EverQuest®: Veil of Alaris Expansion Now Available
SAN DIEGO, Nov. 15, 2011 /PRNewswire/ -- Sony Online Entertainment LLC (SOE) today announced that EverQuest®: Veil of Alaris - the 18th overall expansion for the highly influential massively multiplayer online role-playing game (MMORPG) EverQuest (EQ) - is now available at retailers worldwide. Taking off from the storyline set in 2010's House of Thule, players are invited to journey to the continent of Alaris - a long hidden land of magic where even the Gods are under threat - and witness a side of Norrath they have never seen.
"Having continued for well over a decade, we are very aware of EverQuest's place of importance not only in the video game world, but also with pop culture in general," said Thom Terrazas, lead producer of EverQuest. "As the EQ epic continues to expand through new journeys, storyline twists and in-game features with Veil of Alaris, we find it more and more important to keep the content and on-going saga as rich and compelling as possible while also holding true to the expectations of our incredibly loyal community."
With the defeat of Cazic Thule and subsequent loss of his powers behind Alaris' veil, Norrathian God Morell beckons the heroes of Norrath to journey to Alaris and aid in obtaining Cazic's former powers. Through 13 raids, 20 missions and over 110 quests, players are challenged to navigate a course filled with new unique Alarin characters and creatures while also taking advantage of hundreds of new spells and alternate advancements.
-- Go from 90 to 95 - Achieve a new max level of 95 and set a new standard
-- New Environments - Visit all spectrums through new environments
including Argath (Bastion of Illdaera), Erillion (City of Bronze), Rubak
Oseka (Temple of the Sea), Sarith (City of Tides) and the visually
spectacular Resplendent Temple.
-- New Guild Halls - Take guild halls to new heights with new customizable
guild-based features including multiple exteriors and interiors and an
integration of tools and functionality derived from EverQuest's robust
-- New Guild Rank-Based Permission System - Personalize your guilds with
nameable ranks and customizable permissions
-- Improved Hotbars - Have better control of your characters experience
with a revamp of the Hotbar system
-- Parcel & Coin Delivery System - Share profits from your adventures with
your friends while they are offline
-- New Guild Trophies - Including varying bonuses!
-- More than 800 AAs - Elevate your power and abilities beyond the norm
-- 13 Raids - Collect valuable rewards from all new adventures
-- 12 Zones - Be the first to discover untouched lands of Norrath
-- 500+ Spells - Exponentially add to your spell arsenal
-- 20 Missions - Experience intriguing lore and immersive missions
-- 110+ Quests - Challenge your skills and gather useful loot
-- Legends of Norrath(TM) - Five (5) digital booster packs
Honored at this year's Game Developers Choice Online Awards, EverQuest was selected as the second overall inductee into the GDC Online Hall of Fame for its contribution to the long-term advancement of online gaming and as a pioneer in major shifts in video game development as a whole.
EverQuest: Veil of Alaris is now available worldwide on PC at the suggested retail price of $39.99 USD for an all-in-one package, including all previous EverQuest expansion packs and in-game items such as a Desert Kangon Saddle, Traveler's Rucksack and Veil of Alaris painting. The Collector's Edition is available for $89.99 USD and includes several in-game bonus items:
COLLECTOR'S EDITION BONUS ITEMS:
-- Journeyman's Pocketed Rucksack
-- Forest Kangon Saddle
-- Swinetor Contract
-- Concept Art Painting #1
-- Concept Art Painting #2
-- Sentry Stone Replica
One 30-day game subscription is included with each purchase of the game for new subscribers, with monthly subscriptions available thereafter starting at $14.99 USD, with discounts for longer durations.
EverQuest: Veil of Alaris is rated T for Teen by the ESRB with the content descriptors for suggestive themes and the use of alcohol and violence. EverQuest: Veil of Alaris is available for online purchase in North America at Amazon, GameStop, DL Gamer, Direct to Drive and additional participating video game retailers.
Sony Online Entertainment LLC (SOE) is a recognized worldwide leader in massively multiplayer online games. Best known for its blockbuster hits and franchises, including EverQuest®, EverQuest®II, Champions of Norrath®, PlanetSide®, Free Realms®, Clone Wars Adventures(TM), and DC Universe(TM) Online, SOE creates, develops and provides compelling online entertainment for a variety of platforms. SOE is building on its proven legacy and pioneering the future of online worlds through creative development and inspired gameplay design for audiences of all ages. To learn more, visit http://www.soe.com.
SOE, the SOE logo, EverQuest, Champions of Norrath, Free Realms and PlanetSide are registered trademarks of Sony Online Entertainment LLC. All other trademarks are properties of their respective owners.
SOURCE Sony Online Entertainment LLC
Sony Online Entertainment LLC
CONTACT: Michele Sturdivant, +1-858-577-3167, email@example.com, or Amelia Lukiman, +1-858-577-3407, firstname.lastname@example.org, both of Sony Online Entertainment LLC; or Stacy Miles of Bender/Helper Impact, +1-415-847-4400, email@example.com, for Sony Online Entertainment
Taptera Transforms Enterprise Mobile Software With "Colleagues" for iPhone and iPad
SAN FRANCISCO, Nov. 15, 2011 /PRNewswire/ -- Taptera today announced availability of their first app Colleagues in the iTunes App Store and shared its vision for continued mobile enterprise software leadership that delivers great apps for great employees. Colleagues is a beautifully designed mobile corporate directory that makes it easy for the on-the-go worker to securely access, navigate and communicate with their entire company like never before. Here are just a few examples of how Colleagues gives mobile workers access to important company information, whenever, wherever:
-- An employee receives an urgent email from someone they've never heard
of. Colleagues knows how important that person is.
-- An employee needs to contact the John Smith they met with last week but
there are six John Smith's in the company. Colleagues knows which John
-- An employee has a 'bad hair day' on HR photo day. Colleagues lets them
upload a personal photo.
"At Taptera, we make apps that allow Fortune 500 companies to focus on their core competencies instead of building costly internal mobile teams," said Chris O'Connor, CEO of Taptera. "Colleagues is the first in a series of Taptera products that bridges the gap between the personal and professional experience in enterprise technology for mobile workers."
At the heart of Taptera's product offering is a revolutionary enterprise mobile platform that takes the slow, complex data from internal corporate systems and optimizes and accelerates it so that it works great over the cellular network. Colleagues connects to existing LDAP or active directory systems effortlessly. Taptera utilizes the iOS Data Protection API and carries all traffic over SSL. Taptera also uses corporate authentication allowing users to access Taptera apps with their existing username and password.
"Taptera's secret sauce is that we create an experience that employees want with the systems companies already have," said Taptera Chief Product Officer Dan McCall. "We developed this mindset while leading the mobile team at Genentech for four years and carried it over here at Taptera."
Prior to Taptera, O'Connor and McCall were on the founding Genentech Mobility Team and developed more than 30 mobile apps for collaboration, sales and support. They were frequently invited to spotlight their latest creations at the Apple Executive Briefing Center. O'Connor and McCall are also featured in Apple's "iPads in Business: Execs Talk iPad" podcast series about how major corporations use enterprise mobility to streamline workflows that help their employees be more productive.
A free demo of Colleagues is available for download through the iTunes App Store at http://www.taptera.com/colleagues. Later this year, Taptera will extend its offering with two more apps called Rooms and Events. For additional information on Taptera licensing options, features, and to learn about an enterprise trial send an email to firstname.lastname@example.org.
Founded in 2011, Taptera builds fast, beautiful, and secure off-the-shelf mobile apps for Fortune 500 companies across a diverse range of industries. Based in San Francisco, the team is made up of a unique blend of consumer, design and enterprise experience and come from companies including Genentech, Inc., Salesforce.com and Mobiata (acquired by Expedia.) Investors include Terence Garnett, Salesforce.com, M.R. Rangaswami and former H-P executive David Murphy. For more information visit http://www.taptera.com.
CONTACT: Angela Nibbs of Taptera, +1-415-644-8832, email@example.com
FanFueled Launches Innovative Event Ticketing and Marketing Platform; Rewards Fan Engagement
FanFueled Receives Funding from Prominent Angel Investors
CHICAGO, Nov. 15, 2011 /PRNewswire/ -- Today Chicago based FanFueled officially launched their answer to the live entertainment business: an event ticketing and marketing platform that incentivizes, tracks, and rewards fan engagement. By harnessing the power of social media networks to spread the word, event organizers will see an increase in ticket sales and a decrease in marketing costs. With this revolutionary model, fans spread the word and FanFueled spreads the wealth. After successfully completing extensive beta testing, fans, artists, and organizers now have an alternative way to connect and get compensated for loyalty, while saving money.
"We are excited to offer a new way of doing business that allows people to come together and leverage the word of mouth buzz to drive a more successful and efficient live entertainment industry," Says Anderson Bell, FanFueled Founder & CEO. "Over 20% of our users share their ticket purchase with their social networks and each one of those shares is generating over 500 free peer-to-peer impressions for our events."
As a ticketing option, FanFueled offers a mutually beneficial solution that slashes fees for event organizers, which are inevitably passed on to the ticket holder. A $99 ticket for example, would carry a service fee of $3. FanFueled's patent-pending platform tracks all sharing on Facebook and Twitter from ticket purchases and rewards fans with rebates when additional purchases result from a share. But it doesn't stop there: FanFueled has the unique ability to track the ripple of influence of the original share and offers rewards on multiple degrees of separation. At any time fans can apply their rewards toward future purchases or request a cash-out and FanFueled will send them a check.
As a marketing option, FanFueled Engage provides an opportunity for fans to talk about events they are attending and rewards them for doing what they love -- sharing plans on Facebook and Twitter. Fans receive points that may then be used toward exclusive merchandise or special marketing offers set up between the event and FanFueled. Rewards run the gamut, whether an autographed photo, backstage pass, posters, t-shirts, meet-n-greet, VIP upgrade, or other traditional promotions. FanFueled Engage has produced over 5 million peer-to-peer impressions for clients like Camp Bisco and the North Coast Music Festival.
FanFueled continues to raise capital in excess of a million dollars led by prominent New York angel investor William Lohse and Listen LLC. William Lohse is the founder of The Tomorrow Project, The Pivot Conference, and an investor with New York Angels. Listen LLC is a brand and innovation consulting firm that invests time, expertise and capital in "ear to the ground ideas" such as: CouponTrade, Fango Software Systems, and DigitalAisle.
FanFueled provides event organizers with the ability to recognize their most important fans, the ones who turn an event into an experience through their influence, passion and loyalty. The data generated from this patent-pending marketing platform will allow clients to identify and reward fans in new ways based on their contribution to an event's success. This uniquely tailored information is also designed to augment strategies and create a valuable approach to marketing efforts and ticket sales, significantly lowering costs.
To schedule an interview with Anderson Bell please contact Andrea Kramer Kramer67@mac.com 602 617 8640.
Contact: Andrea Kramer
602 617 8640
Pearson's Award-Winning CourseConnect Adds Enhanced Data Capabilities
Customizable Online Courses Now Available in Analytics Edition
BOSTON, Nov. 15, 2011 /PRNewswire/ -- Pearson today announced CourseConnect Analytics Edition, a new version of its award-winning online course library. CourseConnect Analytics Edition integrates with Pearson LearningStudio's Learning Outcome Manager to track the achievement of student learning objectives and performance. This integration provides institutions that use both the Pearson LearningStudio platform and CourseConnect online courses with enhanced reporting and analytics capabilities.
CourseConnect courses can be used either stand-alone or mapped to any textbook. The courses are completely customizable and can be used in any learning management system. Based directly on clear course level outcomes and lesson objectives, course content is created by a team of respected subject matter experts, faculty advisors, course authors and e-learning instructional designers.
CourseConnect Analytics Edition provides detailed reports that show performance across courses, sections of the same course, by student, by course or by program. The data allows instructors to differentiate, by student, which topics can be learned at an accelerated pace and which require additional help. Academic officers can measure student and class performance based on predefined outcomes, which aids in the accreditation or re-accreditation process. Administrators can analyze trends across an entire institution and make strategic programmatic decisions.
"CourseConnect Analytics Edition provides instructors and administrators with an unprecedented level of data-driven decision making," said Don Kilburn, CEO of Pearson Learning Solutions. "It's an excellent example of how technology and content are being combined to empower instructors with actionable insights from data and analytics to improve student learning outcomes."
Pearson Learning Solutions is a business unit within Pearson, the world's leading learning company. As an education partner and consultant to higher education institutions, Pearson Learning Solutions is committed to designing total, client-driven education solutions. We are a team of world-class education experts, instructional designers, curriculum development experts, education course writers, development editors and textbook publishers. We tailor solutions to each institution's individual needs, including off-the-shelf online, in-classroom or blended courses and fully customized curriculum development. We also provide a range of technology tools and learning platforms to help students, faculty and institutions succeed. For more information, please visit http://www.pearsonlearningsolutions.com.
Media contact: Susan Aspey, firstname.lastname@example.org or (800) 745-8489
Heinle Unveils Liaisons; A Captivating New Program Introducing Students to the French Language
Using an engaging original film and numerous online and communicative activities, the Liaisons program introduces a new method of teaching introductory French in Higher Education
BOSTON, Nov. 15, 2011 /PRNewswire/ -- Heinle, part of Cengage Learning and leading provider of innovative teaching and learning solutions for the world languages higher education market, today announced Liaisons, an innovative program for teaching introductory-level French in higher education. The program consists of a textbook paired with an engaging original film, thought-provoking communicative activities, and numerous interactive online activities.
The components within the Liaisons program are carefully linked together, to show students how to make connections with their classmates, instructor, community and the French-speaking world. With an engaging mystery film integrated into the curriculum, the program provides a wide array of activities designed to stimulate interaction inside and outside the classroom. The underlying pedagogical framework in Liaisons helps students first to discover new vocabulary and grammar, then to connect form and meaning through a set of confidence-building activities and in the end, to understand, interpret and create in French.
"This program is very well thought-out and current to beginning learners of French," said Margaret Dempster, instructor, Northwestern University. "I particularly like the communicative way and input-output method and how they are incorporated into the book and used throughout the learning process. This book integrates the main skills - listening, reading, speaking, writing and culture - in a relevant way for the beginning learner of French. This program also takes into account the specific challenges that new instructors face when just starting to teach."
The most innovative aspect of this program lies in the feature film, which was shot on location in Quebec and France, and is completely in French. The film Liaisons is a first-rate production with a renowned cast including Mylene Savoie (from the Canadian film Exode), Guillaume Dolmans (from the French television series Coeur ocean) and Johanne Marie Tremblay (from the Oscar-winning film Les invasions barbares).
"I would describe the film as an interesting tale of suspense," said Valerie Lamour, student, New York University. "It has an interesting plot and likeable characters, some adventure and a little romance. It was fun to read. I would enjoy seeing it in an introductory class."
Heinle plans to unveil the Liaisons film via a red carpet premiere event on Friday, November 18, 2011 during the American Council on the Teaching of Foreign Languages (ACTFL) 2011 Annual Convention and World Languages Expo in Denver, CO. Authors, Wynne Wong, Stacey Weber-Feve, Edward Ousselin and Bill VanPatten, will be at the event to meet with attendees and discuss the program and film.
Cengage Learning is a leading provider of innovative teaching, learning and research solutions for the academic, professional and library markets worldwide. Heinle, part of Cengage Learning, is a leading provider of innovative teaching and learning solutions for the World Languages Higher Education market. The company's products and services are designed to foster academic excellence and professional development, increase student engagement and improve learning outcomes. For more information please visit http://www.cengage.com or http://www.cengage.com/community/heinleexperience.
The Future of Car Repair Arrives With Expertcaradvice.com
Innovative Website First To Provide Qualified Auto Repair Assistance And Diagrams Online
DENVER, Nov. 15, 2011 /PRNewswire/ --Expert Car Advice, the nation's premier destination for professional mechanics, do-it-yourselfers, and auto enthusiasts seeking auto repair assistance, today announced the launch of its new website--www.expertcaradvice.com.
Led by a certified mechanic with more than 25 years of hands-on experience with Ford, General Motors, and Chrysler, ECA's site has been designed to be a cost-effective repair resource for a market that includes some 62 million cars in the U.S. alone. ECA is supported by a team of specialists who have proven themselves in the automotive field.
As the only firm to have secured exclusive legal rights to distribute the automotive industry's copyrighted manuals and diagrams, ECA is the single online source for authorized use of auto repair manuals and photographs.
According to Jeff Brown, Expert Car Advice's founder and CEO, anyone visiting the site will be getting the same quality of advice they would get from their local repair shop or dealer, or better, for a fraction of the price.
"We know that a lot of folks are thinking about doing their own auto repairs these days, or at least looking to confirm an estimate or diagnosis they've already received," says Mr. Brown. "Our site is like having your very own auto technician with access to every auto manual virtually by your side."
How it Works
Auto Technicians and Mechanics are available on demand and in real-time to help with whatever vehicle repair or question a customer brings to the site. ECA's experts are prepared to provide step-by-step car repair procedures, including pictures, to help customers successfully complete their auto repair task. Clients simply pick the level of service they need--from a basic diagram to talking with a technician/mechanic on the phone.
The ECA site includes four levels subscription:
LEVEL 1: DIAGRAM/PICTURE
-- Get a diagram/picture
LEVEL 2: STEP-BY STEP- REPAIR
-- Get step-by-step instructions on removing and replacing any component
-- Includes diagrams/pictures
LEVEL 3: DIAGNOSTIC HELP
-- Work one on one with a live Expert over the internet on your specific
-- Includes step-by-step instructions on removing and replacing any
component if needed
-- Includes diagrams/pictures if needed
LEVEL 4: TECH TALK
-- Work one-on-one with a live Expert over the phone on your specific
-- Includes step-by-step instructions on removing and replacing any
component if needed
-- Includes diagrams/pictures if needed
Each level of service is built on the next, so when a higher level of service is chosen, the customer only pays the fee for that level. Pricing can range from $15.00 for basic diagram help to $40.00 for the highest level of technical direction.
"I've traveled across the country managing repair shops and car dealerships," says Mr. Brown, "and I've met some incredibly talented technicians. These are the experts ECA customers will be working with when they're on our website."
ECA, a Colorado limited liability company, has also announced plans to capitalize a portion of the company through a private equity offering to qualified investors. A copy of the offering memorandum is available at http://www.ExpertCarAdviceOffering.com.
About Expert Car Advice
Expert Car Advice is in the business of providing qualified auto repair assistance through its website--expertcaradvice.com--and by phone to professional mechanics, do-it-yourselfers, and auto enthusiasts seeking to diagnose and repair their cars. As the only firm to have secured exclusive legal rights to distribute the automotive industry's copyrighted manuals and diagrams, ECA is the single online source for authorized use of auto repair manuals and photographs. For more information, visit http://www.ExpertCarAdvice.com
Contact: Dan Mahoneydmahoney@csg-pr.com970.405.8060www.csg-pr.com
4G LTE From AT&T Available in Indianapolis on November 20
Customers to benefit from ultra-fast mobile broadband on new LTE compatible devices
INDIANAPOLIS, Nov. 15, 2011 /PRNewswire/ -- This Sunday, Nov. 20, AT&T* will turn on its 4G LTE network in Indianapolis, bringing customers the latest generation of wireless network technology. AT&T 4G LTE provides several benefits, including:
-- Faster speeds. LTE technology is capable of delivering mobile broadband
speeds up to 10 times faster than 3G. Customers can stream, download,
upload and game faster than ever before.
-- Faster response time. LTE technology offers lower latency, or the
processing time it takes to move data through a network, such as how
long it takes to start downloading a webpage or file once you've sent
the request. Lower latency helps to improve services like mobile gaming,
two-way video calling and telemedicine.
-- More efficient use of spectrum. Wireless spectrum is a finite resource,
and LTE uses spectrum more efficiently than 3G, creating more space to
carry data traffic and services and to deliver a better network
-- Cool new devices. AT&T offers several LTE-compatible devices, including
new AT&T 4G LTE smartphones and tablets.
"We continue to see demand for mobile broadband skyrocket, and our 4G LTE network in Indianapolis responds to what customers want from their mobile experience -- more, faster, on the best devices," said Brian Ducharme, vice president and general manager, AT&T Indiana and Michigan.
AT&T will continue to expand its 4G LTE footprint in Indiana over the coming months. AT&T has already launched 4G LTE in Athens, Ga., Atlanta, Baltimore, Boston, Chicago, Dallas-Fort Worth, Houston, San Antonio and Washington, D.C., and will launch in six more markets on Nov. 20, including Charlotte, Indianapolis, Kansas City, Las Vegas, Oklahoma City, and San Juan, Puerto Rico. The Nov. 20 launches will expand AT&T 4G LTE to 15 markets total, meeting its 2011 market commitment. AT&T plans to reach 70 million Americans by year-end 2011.
Even as AT&T 4G LTE expands, customers will be able to enjoy more consistent 4G speeds as they move in and out of LTE areas. Not only is AT&T deploying 4G LTE, it has also deployed fast HSPA+ technology throughout its mobile broadband network. HSPA+, when combined with enhanced backhaul, provides customers with 4G speeds. Customers of competitors who have transitioned to LTE without further speed upgrades to their existing networks are likely to see a jarring drop-off in speeds when they move out of LTE areas.
AT&T plans to deliver 4G LTE over 700 MHz, as well as 1700/2100 MHz AWS spectrum, which enables strong coverage and excellent capacity.
*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.
Limited 4G LTE availability in select markets. Deployment ongoing. 4G LTE device and data plan required. Up to 10x claim compares 4G LTE download speeds to industry average 3G download speeds. LTE is a trademark of ETSI. Learn more about 4G LTE at att.com/network.
AT&T Inc. (NYSE: T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T |DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this press release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.
SOURCE AT&T Inc.
CONTACT: Tammy Rader of AT&T Public Relations, Indiana, +1-317-850-9665, Tr9839@att.com
Informascope Apps to Enhance Searching in Elsevier's SciVerse Suite
AMSTERDAM, November 15, 2011/PRNewswire-FirstCall/ --
Elsevier, a world-leading provider of scientific, technical and medical
information products and services, today announced the availability of the
Izmir Institute of Technology Catalog Viewer, the Bilkent University Catalog
Viewer and Citationer. Both Catalog Viewer applications allow users to
search within Elsevier's SciVerse suite and the two universities' online
catalogs simultaneously; Citationer inserts citation counts into a user's
search results within SciVerse Hub, SciVerse suite's integrated search
The Izmir Institute of Technology Catalog Viewer and the Bilkent
University Catalog Viewer allow users to search their respective
universities' online catalogs and the SciVerse suite simultaneously,
allowing users to view relevant results side by side. Citationer gives users
a quick guide to the relative importance of research articles by inserting
citation counts into search results within SciVerse Hub. These three
applications are the latest in a growing list of scientific applications
leveraging Elsevier's content to improve research workflows for researchers.
"It has become increasingly important for universities to showcase their
repositories to demonstrate the value of their research programs," said
KIvanc ÇInar, Managing Director of Informascope. "We are pleased to help
institutions in these efforts by creating applications that allow
repositories to become discoverable to a broader audience through SciVerse."
"The cooperation between Informascope and academic librarians in Turkey
to develop these applications is an excellent example of the collaboration
we hoped to encourage within the scientific community when we launched
SciVerse Applications," said Rafael Sidi, Vice President, Application
Marketplace and Developer Network at Elsevier.
SciVerse Applications [http://www.applications.sciverse.com ] and the
Developer Network [http://developers.sciverse.com ] provide opportunities
for researchers and librarians to collaborate with developers in creating
and promoting new applications that improve research workflows. The
Developer Network features a growing community of application developers
that gain potential recognition, prestige and revenue through their
contributions to SciVerse Applications.
Informascope [http://www.informascope.com/portal1 ] specializes in
providing information services and library technologies such as e-resources,
automation systems, and library tools to academic, research, public and
special libraries and information centers in Turkey and Central Asia with
offices located in Turkey and United States. Informascope is the
representative and system-solution partner of major and leading
international publishers and library product and service providers. Having
outstanding experience in the market for years, Informascope provides the
tailor-made solutions for a wide portfolio of information needs in
combination with software and service needs of the users. The company's
basic competitive advantage is the combined solutions for users that
introduce the cutting-edge technology and knowhow of international partners,
in addition to local expertise and strategic tasks management.
About the Elsevier SciVerse Suite
The SciVerse ( http://www.sciverse.com) suite of search and
discovery offerings provides the global research community access to a
constantly expanding universe of content and solutions which can now be
accessed in one platform. The suite currently includes SciVerse
ScienceDirect ( http://www.sciencedirect.com), the world's largest
source of peer-reviewed content containing more than 10 million articles,
and SciVerse Scopus (http://www.scopus.com [\\nysvr\nyfiles\NY Client
Files\27600 -- Elsevier\2011\Media Relations\Press Releases\www.scopus.com
]), an abstract and citation database containing 41 million records, 70%
with abstracts and nearly 18,000 titles from 5,000 publishers worldwide. The
platform also includes SciVerse Hub beta (http://www.hub.sciverse.com
[\\nysvr\nyfiles\NY Client Files\27600 -- Elsevier\2011\Media
Relations\Press Releases\www.hub.sciverse.com ]), which enables researchers
to perform a single search across all of the SciVerse content as well as
targeted web content with results ranked by relevancy and without
duplication. SciVerse Applications (http://www.applications.sciverse.com
[\\nysvr\nyfiles\NY Client Files\27600 -- Elsevier\2011\Media
Relations\Press Releases\www.applications.sciverse.com ]) and Developer
Network (http://www.developers.sciverse.com [\\nysvr\nyfiles\NY Client
Files\27600 -- Elsevier\2011\Media Relations\Press
Releases\www.developers.sciverse.com ]) allow the scientific community to
build, find and use applications that enhance the SciVerse research
A global business headquartered in Amsterdam, Elsevier
[http://www.elsevier.com ] employs 7,000 people worldwide. The company is
part of Reed Elsevier Group PLC [http://www.reedelsevier.com ], a
world-leading publisher and information provider, which is jointly owned by
Reed Elsevier PLC and Reed Elsevier NV. The ticker symbols are REN (Euronext
Amsterdam), REL (London Stock Exchange), RUK and ENL (New York Stock
Twitition Brings Success for Branded3 at DADI Awards
LEEDS, England, November 15, 2011/PRNewswire/ --
Branded3 picked up the Grand Prix award amongst a handful of other
prizes at the 2011 Drum Awards for the Digital Industries (the DADIs) at the
Royal Armouries in Leeds.
Leeds-based digital agency Branded3 [http://www.branded3.com ] confirmed
its place amongst the very best in the digital media industry after taking
home the Grand Prix Award at the 2011 DADI Awards, hosted by The Drum
The prestigious event, held at the Royal Armouries in Leeds, saw the
biggest names in digital media out in force, with some of the UK
heavyweights nominated for several awards. But it was to be Branded3's night
as no less than three gongs made the short journey to their offices in
Aberford on the outskirts of Leeds.
Branded3 celebrated a year of rapid growth and considerable success at
the awards ceremony, with the company's flagship social media campaigning
tool Twitition picking up the Grand Prix Award, as well as further trophies
for Best In-house Website or Campaign, and Best Use of Social Media.
Headed up by CEO Vin Chinnaraja and Director of Search Patrick Altoft,
Branded3 has built an enviable reputation since its inception in 2003.
Working with global brands like BMW, Malaysia Airlines, and EMI, Branded3
has proven itself capable of competing with the world's best in SEO, social
media, web design and digital development.
The trio of DADI awards is the latest in a string of successes for
Branded3, which won Bronze at the 2011 Digital Impact awards for its work
with Interflora, and Silver at the same event for Twitition.
Branded3 has won awards in the past for its innovative digital
solutions, picking up a GoldenTwit prize in 2010 for Competwition, and the
SEO industry looks to Patrick Altoft's blog, Blogstorm, as an industry
In the last 12 months, the company has grown considerably and is looking
forward to further expansion in 2012 as it continues to deliver top Google
rankings in some of the most competitive industries in search, while
producing market-leading web design and development work.
Vin Chinnaraja reflected on a dream evening for his firm, saying: "We
could not be prouder to win the Grand Prix Award and I am delighted for
everyone at the company.
"The digital marketing landscape is getting more and more competitive by
the day and it has been an incredibly challenging year. But we are enjoying
the challenge and we hope that this award will help us to push on even
further in the New Year."
Patrick Altoft said: "We are just as passionate about social media as we
are about search, design and digital development, so it is great to gain
recognition from our peers in the industry. We're very proud of the work
we've done over the last year, and the development of Twitition has helped
us contribute something that we believe is a truly valuable, powerful web
resource. We believe in the power of social media to spread messages around
the world and we are always coming up with new ideas to help people do just
He added: "Things never stay still for a second in digital media, so we
won't be resting on our laurels. We know we're up against some tremendous
competition so we'll have to work doubly hard if we're to win this award
again next year."
DeLorme Announces Retail Availability of inReach Two-Way Satellite Communicator
First-to-Market with Affordable Two-Way Satellite Messaging
Users can communicate back and forth with emergency responders, family and friends, or colleagues from anywhere in the world through Iridium
YARMOUTH, Maine, Nov. 15, 2011 /PRNewswire/ -- DeLorme, the innovation leader in navigation technology, today announced that its eagerly-awaited inReach(TM) satellite communicator is now available for purchase at retail and online.
With 90% of the Earth's surface lacking any cell phone service, inReach is the first affordable communication solution for anyone who works, travels or engages in outdoor activities in off the grid environments.
The inReach, which has already won multiple innovation awards, delivers an arsenal of remote communication features previously unavailable in the consumer market, including send-and-receive text messaging, interactive SOS, message delivery confirmation, and true global coverage.
The inReach can be used as a standalone messenger to send pre-loaded text messages or to trigger an SOS alert. It can be also paired with either an Android phone or a DeLorme PN-60w handheld GPS to enable two-way personal and SOS messaging. In case of emergency, users can describe their situation so proper resources are deployed, and both user and responders can provide ongoing updates until help arrives.
Message delivery confirmation is available with either a solo or paired inReach, along with remote tracking (which allows others to follow the user's travels online), and the ability to post messages to Facebook and Twitter.
"By affordably enabling reliable communication literally the world over, inReach dramatically expands what's possible for recreation and professional endeavors in remote or high risk environments," said Jim Skillings, DeLorme vice president for commercial products.
Since first announcing the inReach earlier this year, DeLorme has received enthusiastic interest from backpackers, mountaineers, hunters, anglers, sailors, pilots, snowmobilers and other outdoors enthusiasts. Inquiries have also poured in from government agencies and companies that deploy workers in isolated areas of the world.
The core communications component of the inReach is the Iridium® 9602 short-burst data (SBD) transceiver. Through it, the DeLorme inReach provides two-way connections through the world's furthest reaching communications network.
"The inReach has the potential to be a 'game changer' in satellite communication," added Patrick Shay, Iridium vice president and general manager for data services. "It represents an excellent example of how our partner ecosystem is launching innovative, global, two-way communications services through Iridium that advance and enhance the communications options available to remote travelers and workers alike."
Compact and lightweight, inReach is also waterproof, floatable, and impact-resistant. In addition to Iridium satellites, inReach also connects with the Global Positioning System (GPS) for remote tracking and embedding precise location coordinates in sent messages.
To date, inReach has earned awards from Outside Magazine, National Geographic Adventure, GearJunkie.com, and most recently, Consumer Electronics Show (CES) Innovation honors.
Suggested retail price for inReach is $249.95, with satellite subscriptions beginning at $9.95 per month.
DeLorme is a longtime leader in innovative mapping and GPS products, and most recently the company has earned numerous prestigious awards for its integration of GPS navigation and satellite communications. The ability to develop all the critical components necessary to compete in these fast-changing technologies distinguishes DeLorme as a provider of unique solutions for both the commercial and government markets. DeLorme is based in Yarmouth, ME, and is home to Eartha, the world's largest revolving globe. To learn more, visit http://www.delorme.com.
About Iridium Communications Inc.
Iridium (http://www.iridium.com) is the only mobile voice and data satellite communications network that spans the entire globe. Iridium enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ever-expanding ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. The company has a major development program underway for its next-generation network - Iridium NEXT. Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the NASDAQ Global Select Market under the ticker symbol IRDM.
Capital Financial Global Acquires Loan Servicing Platform
SALT LAKE CITY, Nov. 15, 2011 /PRNewswire/ -- Capital Financial Global, Inc. (OTC:CFGX), announced today that it has acquired a new loan servicing platform.
"This is an extremely important strategic development and will facilitate the growth and development of our core business segments," said Mr. Paul Norat, CEO of Capital Financial Global, Inc. "This will enable us to create more interest rate spread revenues and help us hold and aggregate pools of loans, which will give us better execution and pricing on the secondary loan sales markets."
The platform consists of various hardware and software components, along with key pieces that integrate with the ACH (automated clearing house) network, allowing the Company to move borrower payments and note-holder disbursements automatically.
The Company plans to integrate the platform internally immediately and launch it within the next several weeks.
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance company that, unlike traditional banks, helps organizations obtain needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and by converting distressed collateral into cash or trade-able form. The company is publicly traded on the OTC Markets trading system under the symbol "CFGX".
Our Business Model
The Company makes money by originating new loans, buying and selling existing loans, and by converting distressed collateral into cash or trade-able form.
The market segments the Company operates in are: insurance trusts and pension funds, residential & commercial real estate, precious metals, and investment grade government securities. The Company will also aggressively pursue any other opportunities that fall within its overall strategy.
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
E&S Portal Enables Automatic Quote Process for Non-Standard Markets
The Crump portal, powered by SeaPass Solutions, provides retail agents with multiple quotes in real time from a single submission
ROSELAND, N.J., Nov. 15, 2011 /PRNewswire/ -- Crump Insurance Services, Inc. (Crump P&C) introduces an insurance market portal using Seapass Solutions, Inc. technology to provide retail agents with online access to Excess & Surplus lines markets through Crump. This new approach enables retail agents to receive multiple indications from a single submission in real time. It is the first such automated system with fully nationwide E&S product capabilities through multiple carriers.
In the first release of this new Crump portal, submissions originate from one of two SeaPass enabled channels- either through Insurance Noodle, an online quoting hub for insurance agents or through the BOLT Insurance Agency (a SeaPass company). The retail agent requests an online indication through one of these systems. The online submission is sent first to standard markets for coverage. If the submission is declined by standard markets, it is then automatically submitted online to Crump markets for E&S quotes. A further release of the portal, scheduled for 1st Quarter 2012, will enable new and existing retail agents working with Crump to access automated E&S indications and quotes in real time.
The ability to obtain online results in real time creates a more efficient system for agencies whose volume of small business demands faster turnaround and better service. Initially, the new portal will provide indications for GL and Package policies only. The system will expand to other lines in the future.
In this first release of the portal, two markets are available to provide instant indication for agents. These markets are Western World and Catlin with additional markets available in 2012.
When interviewed for this story, Dave Obenauer, President of Crump Insurance Services, Inc. commented, "Our retail clients have been expressing a desire to place small business E&S accounts more effectively. Small business demands low touch efficiency, which is what our retail agents will have with this system. An agent needs to produce a quote quickly - response time is key to writing small business effectively. This automated system, enabled by SeaPass' technological advances combined with Crump's broad carrier relationships and binding authorities, allows easy access and quick turnaround for our agents."
Tim Attia, Senior Vice President of Sales, SeaPass, added, "In addition to online straight-through quoting, the combination of Crump's E&S capabilities and SeaPass' portal solution will provide advanced collaboration and workflow for both online and offline carriers to support submissions for small and mid-sized commercial business. The technology that enables a retail agent to complete a single submission and get multiple E&S quotes is the first of its kind nationwide. We are excited to join with Crump in this venture."
The partnership between SeaPass Solutions and Crump Insurance Services brings together two market leaders to enable a combined offering which will provide agents with fully automated, online access to the widest selection of commercial lines products -- from admitted to E&S, and from standard to specialty programs.
About SeaPass Solutions
Headquartered in New York and founded in 2000, SeaPass Solutionsoffers solutions that enable insurance carriers, agents, brokers and wholesalers to better connect, communicate, and manage the business. With a singular focus of enhancing the quality and timeliness of communications between insurers and their distribution channels and customers, SeaPass provides consumer and agency portal as well as comparative rating solutions. For more information visit http://www.seapass.com or call 212-608-4646.
About Crump Insurance Services
Crump Insurance Services, Inc. (Crump P&C) is a division of Crump Group, the nation's largest insurance wholesaler. Crump Insurance Services includes Crump wholesale brokerage locations across the U.S. and in Bermuda, Five Star Specialty Programs, Five Star Professional Programs, Target Insurance Services, and Hanleigh Insurance. Additional information on these companies is available at http://www.crumpins.com.
SOURCE Crump Insurance Services, Inc.
Crump Insurance Services, Inc.
CONTACT: Mary Jefferson of Crump Insurance Services, Inc., +1-301-467-2501, email@example.com, or Mahalia (Maggie) Maria of SeaPass Solutions, Inc., +1-212-981-4680, firstname.lastname@example.org
Santa.com Launches His Electronic Postal Service on the Web, iPhone and iPad
SAN FRANCISCO, Nov. 15, 2011 /PRNewswire/ -- Santa has gone digital with his very own electronic postal service accessible on the web, iPhone and iPad. Santa.com (http://www.santa.com) is the online destination for kids to write letters, create wish lists, and even hear back from Santa. Launching today, Santa.com gives kids and gift givers alike a one-stop destination to start the season in true holiday spirit.
Ever wanted to play Santa? Santa.com's innovative use of "walled garden" technology enables parents to bring Santa to life for their children. By approving their children's account on Santa.com, parents receive a copy of their children's letter to Santa and can help Santa send a personalized letter back either digitally or through beautiful keep sake paper scrolls for under the tree.
Santa.com's Santa Express for the iPad and the iPhone allows kid's to craft, decorate and send letters to Santa right from their digital devices. Kids will be able to check-in with Santa and his Elves through their very own digital Mailroom. Letters to Santa can be sent and received all year long, not just during the Christmas season. So, kids who would like to tell Santa what they wish for or send him a thank you note can correspond with him in July just as easily as in December.
"We're very excited about the launch of Santa.com," said Santa.com Founder Will Weisman. "Our goal is to make the holidays even more magical, enjoyable and rewarding by leveraging today's technology. Santa.com celebrates the Season's most treasured traditions, while helping busy parents and gift givers stay on top of holiday wish lists."
With the launch of its digital letters to Santa, Santa.com gives the entire family fun and convenient access to Santa Claus and his whole gang up in the North Pole. The company will unveil additional features of the site throughout this holiday season.
Looxcie Releases LooxcieLive: Stream Live Video Direct From Your Point of View to Friends and Family
Public Beta Gives Users First Chance to Experience Live Streaming Optimized for Mobile Platforms
SUNNYVALE, Calif., Nov. 15, 2011 /PRNewswire/ -- Looxcie, Inc., makers of the first wearable mobile-connected video cam, has released a public beta version of LooxcieLive(TM), a live video streaming service and application that leverages the award-winning Looxcie social video cam and your smartphone. By turning your Looxcie video cam into a personal streaming device, LooxcieLive allows you to share video in real time while remaining completely immersed in the action. The app can be downloaded today at http://www.looxcie.com/looxcielive.
Utilizing a group cast, invite-based model, LooxcieLive allows users to capture live video from their point of view and stream it across mobile networks to single or multiple viewers. Even if viewers can't watch the feed in real time, the replay feature allows them to go back and watch at any point over the next 24 hours. Whether it's sharing the excitement of opening grandma's Christmas present with her, or streaming the family ski vacation in real time, "see-what-I-see" personal video casts and audio chatting capabilities create an immersive, real-time experience for the viewers no matter where they are.
"Since our launch in 2010, we've strived to tighten your social circles - first by getting the video camera out of your hands to free you up so you can live your life, and then by making it easy to share your memorable moments instantly," said Looxcie CEO, Romulus Pereira. "LooxcieLive is the next step in bringing people closer. You can now share your life with people you care about anywhere, anytime, live."
-- App Functions
-- Invite friends from your address book, Facebook, Twitter or via
-- Create viewing groups when broadcasting; add or remove viewers
dynamically during broadcasts
-- Group text and audio push-to-talk allows viewers to interact with
-- Push notifications alert viewers when a friend starts broadcasting,
even when the app is inactive
-- Replay feature allows viewers to watch or re-watch broadcasts later
-- Quick browsing allows you to see all your friends who are currently
live in easy to view motion thumbnails
-- Video resolution and compression auto-adapts based on network
capabilities - 3G, 4G or Wi-Fi
-- Additional Specs:
-- Available on Android 2.1 devices and higher
-- Coming soon for iOS 5.0+ devices
-- Instant clip creation and saving to device while broadcasting
-- Share instant clips via LooxcieMoments after live broadcast
-- Bluetooth tethering between Looxcie device and the mobile
-- Compatible with all Looxcie devices with firmware 1.2.2 or higher,
Looxcie devices are user upgradeable
-- Battery life is 2+ hours when streaming
Looxcie also functions with two additional mobile device apps: LooxcieMoments for instantly going back in time to capture and share your unexpected moments after they happen and LooxcieCam, for use as a standard camcorder. With LooxcieMoments, when a memorable moment occurs, the instant clip button automatically rewinds, captures the past and saves it as a video clip and allows instant sharing to Facebook, Twitter and YouTube.
Looxcie is the first mobile-connected device that allows you to instantly share life on the go.
About Looxcie, Inc.
Looxcie, Inc. is the creator of the first mobile-connected, handsfree, wearable video cam that frees people to be active participants in the moment, while recording and sharing on the go.
Founded in 2008, Looxcie is headquartered in Sunnyvale, CA.
Awarepoint Advances Industry Leadership with New Patented Technology
Company received unprecedented 4 U.S. patents for real-time wireless location systems
SAN DIEGO, Nov. 15, 2011 /PRNewswire/ -- Awarepoint Corporation, today announced that the U.S. Patent and Trademark Office has awarded the company four additional patents, which brings their total portfolio to 20 and bolsters the company's position as the leading innovator of real-time wireless location systems (RTLS) for hospitals.
The new patents broadly cover Awarepoint's most accurate mesh-based location algorithm to date, methods for detecting improperly sterilized medical equipment, and wireless technology architectures that drive enterprise wide visibility applications:
-- Patent No. 8,033,462 for a wireless tracking system and method of
automatically determining if medical and surgical supplies and equipment
have been properly sterilized, helping to improve patient safety and
quality of care.
-- Patents No. 8,031,120 and 8,040,238 provide a process to enhance the
detection of the exact location of hospital equipment and medical and
-- Patent No. 8,041,369 describes multiple wireless technologies that
precisely track hospital workflows, improve enterprise-wide visibility,
and optimize revenue cycle management.
"Our latest patents protect the investment we've made in providing the best technology for our customers," said Awarepoint Chief Technology Officer Matt Perkins, one of the inventors named in the patents. "Not only are we the most effective solution for driving enterprise workflow and enterprise visibility, but we continue to be the only company that has demonstrated tags that can survive a full sterilization cycle and alert on decontamination and sterilization violations prior to patient usage."
"From the beginning, we recognized that a one-size-fits-all approach to RTLS technology would not work for hospitals," Perkins said. "Our continuous innovation strategy enables us to deliver multiple technologies to meet our customers' specific needs."
About AwarepointAwarepoint is the world's leading supplier of real-time location systems (RTLS) that hospitals use to track, monitor, and optimize the utilization and workflow of personnel, patients, and equipment. These proven solutions, on an integrated software and technical platform, with 177 hospital client sites, tracking over 2 million patients each year and over 262,804 asset tags under management, enable clinicians and administrators to improve asset management, operational efficiency, compliance, and patient throughput more easily and cost effectively. For more information, visit http://www.awarepoint.com.
Extreme Networks Displays Lowest Latency, Highest Density 10 & 40 Gigabit Ethernet Switch at SC/11
Open Fabric architecture ideal for emerging HPCC and Hadoop cluster configurations addressing leading edge research and industrial supercomputing
SANTA CLARA, Calif., Nov. 15, 2011 /PRNewswire/ -- Where the crunching of Big Data, converged storage and ultra-fast computing intersect with the network, Extreme Networks, Inc. (Nasdaq: EXTR) provides market leading Ethernet switching solutions addressing the ultra-high speed, energy efficiency and latency needs High Performance Cluster Computing (HPCC). The company this week is showing its recently tested BlackDiamond® X8 switch at SC/11, the leading supercomputing event.
Extreme Networks BlackDiamond X8 core switch, featuring 768 non-blocking 10GbE ports in a 1/3 rack, was recently tested by the Lippis Report to have the lowest latency (at 2.3 microseconds average on 64 bit frames) of any core switch tested and proved to be 3-10X faster than other core switches.
At SC/11, held in Seattle this week, Extreme Networks (booth #5712) is discussing how its 10/40GbE Open Fabric switching network solutions, the BlackDiamond X8 and Summit® X670 switches, featuring the ExtremeXOS® modular operating system, meet the needs of HPCC and emerging Big Data Hadoop clusters.
Extreme Networks has installed its high performance switches with prestigious research, industry and government facilities globally, highlighted by the ESRF Synchrotron Facility, the Atomic Weapons Establishment (AWE), CEA Saclay and PetroChina.
To boost the performance, availability and application requirements of HPCC, Extreme Networks BlackDiamond X8 and Summit X670 Fabric switches offer improved performance and cost benefits for HPC interconnect due to their non-blocking, lossless architecture, ultra-low latency switching, and adherence to open standards. This is combined with the intelligence and automation offered by ExtremeXOS, spanning the company's complete switching portfolio.
About Extreme Networks, Inc.
Extreme Networks delivers networks for the mobile world. The company's open network solutions enable a seamless user experience providing a platform for improved business agility. From the converged mobile edge of enterprises to virtualized clouds, and from data centers to global carrier networks that backhaul mobile traffic, Extreme Networks extensible services architecture, sets a foundation for mobility, identity awareness and faster performance to empower people and machines to connect and move seamlessly. Extreme Networks is headquartered in Santa Clara, California, with offices in more than 50 countries worldwide. For more information, visit: http://www.extremenetworks.com.
Extreme Networks, the Extreme Networks logo, Summit, BlackDiamond and ExtremeXOS are trademarks or registered trademarks of Extreme Networks, Inc. in the United States and/or other countries. All other names are the property of their respective owners.
Except for the historical information contained herein, the matters set forth in this press release, including without limitation statements as to features, performance, and benefits of Extreme Networks products, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements speak only as of the date. Because such statements deal with future events, they are subject to risks and uncertainties, including network design and actual results of use of the product in different environments. We undertake no obligation to update the forward-looking information in this release. Other important factors which could cause actual results to differ materially are contained in the Company's 10-Qs and 10-Ks which are on file with the Securities and Exchange Commission. http://www.sec.gov
SOURCE Extreme Networks, Inc.
Extreme Networks, Inc.
CONTACT: Gregory Cross, Extreme Networks Public Relations, +1-408-579-3483, email@example.com
First-Ever Local Unbanked Population Data Tool Released
PolicyMap is the Platform for Bank On's new Interactive Data Maps
PHILADELPHIA, Nov. 15, 2011 /PRNewswire/ -- The Corporation for Enterprise Development (CFED), with support from the U.S. Department of the Treasury and in partnership with the San Francisco Office of Financial Empowerment, the National League of Cities and the New America Foundation, has launched a new-and-improved Bank On website. JoinBankOn.org uses PolicyMap (http://www.policymap.com) as its platform to offer a look into communities to see if banking resources are available.
JoinBankOn.org is the online home for the national community of Bank On initiatives, which are locally-led coalitions of government agencies, financial institutions and community organizations working to promote financial access for low- and moderate-income Americans.
Among the features offered on the site is Research Your Community(http://webtools.joinbankon.org/community/search), a tool that offers estimates and maps of the number of unbanked and underbanked households in your local community. This new tool allows users to:
-- Download estimates of unbanked and underbanked households at the state,
county, city, MSA and census tract levels.
-- Download supplementary demographic data on at-risk populations.
-- Print customized reports on financially underserved populations.
The interactive maps that are part of the website are powered by PolicyMap, an online data analysis and mapping tool (http://www.policymap.com/online-mapping-tools/index.html). PolicyMap allows users to generate maps, tables and reports based on over 15,000 data indicators. Using Geographic Information Systems (http://www.policymap.com/) technology, PolicyMap offers key social and economic statistics for U.S. communities down to a neighborhood level. PolicyMap also offers custom widgets - embeddable versions of the site - to organizations like Bank On interested in tracking a particular issue.
"PolicyMap made it simple for us to share the extensive data we have on the unbanked and underbanked populations in America," explained Kasey Wiedrich, Senior Program Manager at CFED. "PolicyMap not only offered us a quick and easy platform to map our own data, but its embeddable interactive maps, allows us to share these maps with any user across the country. Access to this data is particularly important to anyone working to develop effective strategies aimed at increasing financial access for those who may be living outside of the financial mainstream."
About TRF and PolicyMap
PolicyMap (http://www.policymap.com) is a service of The Reinvestment Fund, a nonprofit leader in financing neighborhood revitalization. As a fully web-based interactive map tool, PolicyMap empowers decision makers with better access to credible market and demographic data in an easy-to-use geographic information system. http://www.policymap.com
EMV Academy and SCIL Announce Strategic Partnership on EMV
Partnership Allows EMV Academy to Expand Trainers and Add New EMV Migration Consultancy Resources to EMV Training Curriculum
PASADENA, Calif., and NEW YORK CITY, Nov. 15, 2011 /PRNewswire/ -- EMV Academy, the first U.S. based EMV training academy committed to seamlessly migrating the U.S. banking and payment industry to EMV chip and pin technologies, and SCIL, a New York based, expert EMV payments consultancy and solutions provider announced a strategic partnership today. SCIL has joined the EMV Academy as a strategic training partner providing training and EMV migration consultancy resources to the EMV Academy. In addition, EMV Academy will expand its fast growing network of trainers and EMV migration services to banking and payment customers.
Since launching in August, EMV Academy has quickly grown to offer a comprehensive range of EMV training and migration services to banks, credit unions and payment vendors throughout the USA. The EMV Academy offers a wide range of published EMV classes throughout the North America and Europe. In addition, EMV Academy customizes private onsite classes and migration services. Through its preferred partner network, EMV Academy also offers access to the latest EMV products and technologies.
"Adding SCIL to the EMV Academy enable us to deploy additional EMV training resources and add an expert EMV payment partner that can help our customers navigate the world of EMV from compliance to implementation," stated Stewart Chalmers, Executive Director of EMV Academy. "At the same time, EMV Academy offers a unique channel for SCIL and its services."
"We are very excited about our partnership with EMV Academy, where we can help US based issuers and financial institutions with their understanding of EMV," said Mansour A Karimzadeh CEO at SCIL. "We also want customers to gain the full benefits of their EMV implementation programs with a minimum of disruption. This is achieved by a combination of our training, experience, and our ability to provide end-to-end and appropriate solutions."