IBM Analytics Streamlines Processes For Russian Prosecutor General's Office
MOSCOW, April 8 -- IBM (NYSE:IBM) and the Prosecutor General's Office of the Russian Federation today announced the completion of a new information system powered by IBM analytics. The system is designed to streamline the work of employees of the Prosecutor General's office by consolidating operations and providing an extensive regional network that carries out business inspections in all Russian regions. The new system is part of the Russian Government's strategy to ensure transparency and openness of business inspections.
Through automation, prosecutors will be able to make audit decisions faster and provide greater workflow security. IBM business analytics will allow employees of the Prosecutor General's Office to generate reports with various levels of complexity automatically, and also create new forms and text and graphical reports without involving programmers or analysts.
The new IBM system provides full content management, automated document-oriented work processes and results monitoring. For example, electronic forms now give employees an alternative to scanning paper applications, and the built-in mechanisms for automatic testing of rules and regulations accelerate decision-making. The system is also providing easy and secure access to resources on the internal interface. User-specific access policies ensure compliance with all required regulations, while significantly reducing the workload associated with processing this information.
Specialists who need to make decisions quickly can respond to requests in electronic format and receive applications automatically. This can significantly reduce processing time and delivery of legally significant information, which previously had to be sent via regular mail and took at least three days to process. The IBM solution helps the Prosecutor General's office make the inspection plan more transparent and visible both to Prosecutor General's employees and businesses.
"The IBM system will strengthen the interaction between government and business, and increase business confidence to the regulatory authorities' activities," said Sergei Taran, the Head of IT Department of Prosecutor General's Office. "Such a system must be extremely reliable, compatibility and secure. The functionality of the IBM system will enable us to provide centralized control of a complex interaction of business and Prosecutor General's Office all over Russia."
The second phase of the project is currently underway.
"IBM is collaborating with government agencies and commercial organizations worldwide to build smart systems," said Kiryll Kornilyev, Country General Manager, IBM Russia. "Our agreement with the Prosecutor General's Office provides an innovative transformation of the working process."
The contract was signed in November 2009, and the project was implemented by Open Technologies, an IBM prime partner.
IBM has invested more than $12 billion to build an analytics portfolio which includes organic innovation and acquisitions. In addition, IBM has assembled 4,000 analytics consultants with industry expertise, and opened a network of seven analytics centers of excellence. Today, IBM is working with more than 250,000 clients worldwide on predictive analytics, including 22 of the top 24 global commercial banks, 18 of the world's top 22 telecommunication carriers and 11 of the top 12 U.S. specialty retailers.
About the Prosecutor General's Office of the Russian Federation
Open Technologies is mainly focused on project and system integration. The company offers a wide spectrum of services and solutions for large and medium-sized enterprises in various sectors of economy - from IT audit, business processes analysis and consulting up to choosing the optimum solution, its further deployment and support. More information can be found at http://www.ot.ru/eng.html?gobackmain_logo.
CTSI Announces Utility Technology Challenge Winners, Second Round Open
Winners will present their technologies to audience of utility and corporate test partners on June 22 at the Clean Technology 2010 event in Anaheim
AUSTIN, Texas, April 8 -- The Clean Technology & Sustainable Industries Organization (CTSI) has announced the 15 winners of the international Utility Technology Challenge (UTC) competition; a contest with support from the US Department of Energy that searches for innovation in a variety of clean tech areas, including smart grid applications, transportation, building efficiencies, pollution monitoring and cyber security.
The winners are: Ballard Power Systems, Inc., E3 Greentech Enterprises, Inc., EchoGen Power Systems, Inc., eMeter, Ener-G-Rotors, Inc., Enmetric Systems, Inc., EnviRock, Grid Manager A/S, Parker Hannifin, PRD Tech, Inc., Prism Solar Technologies, PVT Solar, Inc., QM Power, Inc., Rainforest Automation, and an energy storage solutions company to be announced later. Details about the companies and their technology solutions may be found at http://www.ct-si.org/services/cleanTest/2010/.
"We are very honored to have been chosen for Utility Technology Challenge," said PJ Piper, president and CEO of QM Power. "It is an exciting opportunity for us to present our game changing electric motor, generator and actuator solutions to such a broad panel of potential end users for potential consideration as we begin to expand our field trials in 2010. We look forward to delivering new higher levels of efficiency and power density to the industrial, consumer and utility industries."
"One large barrier to the adoption of clean technologies is the lack of opportunity to prove them within a real world infrastructure," said Patti Glaza, chief executive officer of CTSI. "This program aims to accelerate commercialization by presenting test partners with a handful of peer-reviewed, promising companies."
This team of potential customers and integration partners includes: Accenture, Austin Energy, The City of Anaheim, National Grid, Lockheed Martin, and San Diego Gas & Electric (SDG&E). The UTC winners will give a five-minute presentation before the UTC Committee followed by a brief question and answer session in Anaheim, California on June 22, 2010. The technology presentations will occur in conjunction with Clean Technology 2010 Conference and Expo, a partner of the project.
"We are excited to be a finalist in the CTSI Utility Technology Challenge, which is an important venue for accelerating the adopting of breakthrough clean technologies," said Sam Klepper, chief marketing officer at eMeter. "While eMeter has already helped utilities across the globe achieve successful large-scale smart grid deployments, the utility market is still largely unaware of the capabilities and benefits of smart grid software solutions. This is an opportunity to share how these solutions can be implemented in a high impact, scalable, and cost effective way to help achieve optimal grid performance."
CTSI is accepting second round submissions through May 7. Companies participating in the second round will have their technology reviewed by the committee, and top solutions will be invited to the exclusive networking reception held in Anaheim in June. All clean technologies are welcome for submission, and areas of specific interest include: communication infrastructure for smart grid, zero net energy, micro grids, whole house, cyber security related to grid/power, power electronics related to power systems applications, and electric transportation.
About Clean Technology & Sustainable Industries Organization (CTSI):
The Clean Technology & Sustainable Industries Organization (CTSI), a 501c6 non-profit industry association, represents the organizations developing, commercializing, and implementing energy, water, and environmental technologies. Clean technologies offer much needed solutions to growing resource security and sustainability concerns and are critical to maintaining economic competitiveness. CTSI brings together global leaders for advocacy, community development, networking, and information sharing to help bring these needed technologies to market more rapidly. Visit http://www.ct-si.org for more information.
Membership & Marketing Manager
CONTACT: Laura Benold, Membership & Marketing Manager of CTSI,
Out With Plain Status Updates as Britain Shifts to 'Lifecasting'
LONDON, April 8, 2010--
- With Photo
- New Research Marks Launch of Next Generation Flip MinoHD
Gone are the days when it was enough just to post your status
online as Brits are now essentially broadcasting their everyday life to
family and friends. In a growing trend, known as 'Lifecasting', young people
are using the power of video to share their views, special moments and
everyday experiences in life, a new study from Flip Video has revealed today.
Almost a third of 18-24 year olds surveyed see a time when they would
post videos on social networks every day, with over 17% saying this is
happening now or would happen this year.
The type of content uploaded and shared by this age group is
varied but draws on experiences of everyday life. Laughter proves a clear
winner as over half would upload and share funny moments, whilst almost a
third (30%) would upload concerts. Sharing and uploading videos of parties
(23%), newsworthy events witnessed (21%) and family occasions (16%) are also
popular with young people in the UK.
The new study of 3,000 adults, conducted by OnePoll, reveals
new trends in the way we communicate and has been commissioned to mark the
launch of the next generation Flip MinoHD. This new addition to the Flip
Video family of pocket camcorders comes with a larger two-inch anti-glare
screen and double the memory capacity, with up to two hours of recording time
on the move.
Whilst one in three post videos to keep friends and family up
to date, for many, 'Lifecasting' could be their path to stardom. As Big
Brother comes to an end this summer, almost one in four of 18-24 year olds
and a staggering 42% of those under 18 have admitted a desire to be a YouTube
The high percentage of people who post videos to social
networks goes hand in hand with an increase in videos being watched online,
as 41% of 18-24 year olds admit they are watching more online videos than
last year. In addition, over a quarter (28%) visit social networks five or
more times a day.
Gareth Jones, UK & Ireland Region Manager for Flip Video at
"It is becoming second nature for many to post videos of
themselves on social networks, or email a clip to friends and family. With an
increase in people watching videos online, this trend for 'Lifecasting' is
set to continue."
The research also discovered that, thanks to the boom in
social media, half of 18-24 year olds are more comfortable sharing their life
experiences online than they were a year ago.
Whilst the frequency of posts is increasing, our attention
spans aren't, as the average length of a video watched online came out at
less than a minute (53 seconds), as Brits require short, punchy videos to
keep them engaged.
Gareth Jones continued:
"It comes as no surprise that the average video length watched
is 53 seconds as most people don't head to social networks such as Facebook
or MySpace to watch feature length films. Instead, we want to see funny
moments, newsworthy events or simply everyday interesting experiences that
have been recorded by a friend, family member or rising YouTube star."
Flip Video was acquired by Cisco (NASDAQ: CSCO) in May of 2009
and is now integrated into Cisco Consumer Products. Its revolutionary Flip
Video camcorders changed the way people capture and share video by making it
simple, accessible and fun for anyone. Flip Video camcorders are pre-loaded
with FlipShare software to enable easy organising, editing, and seamless
uploading to MySpace(TM), YouTube(TM) and other video sharing sites.
Cisco (NASDAQ: CSCO) is the worldwide leader in networking
that transforms how people connect, communicate and collaborate. Cisco's
vision for the consumer is to enable people to live a connected life that is
more personal, more social, and more visual. More information about Cisco and
its line of consumer products can be found at http://www.theflip.com and http://www.cisco.com/consumer
Cisco, the Cisco logo, Flip Video, Flip Video logo, FlipShare and Flip
Mino are registered trademarks or trademarks of Cisco Systems, Inc. and/or
its affiliates in the United States and certain other countries. All other
trademarks mentioned in this document are the property of their respective
owners. The use of the word partner does not imply a partnership relationship
between Cisco and any other company. This document is Cisco Public
Thinklogical Announces 'ImageEvolution X3', The Next Generation in Image Processing, Converting and Scaling, With Advanced PsF Capability
MILFORD, Conn., April 8 -- Thinklogical, a leading provider of fiber optic KVM extension and switching solutions, today announced the launch of its next generation image processor and converter, the ImageEvolution X3. This premium solution for professional broadcast applications provides an easy method for conversion and scaling of video signals. Unique in the broadcast marketplace the product now offers progressive, interlaced and PsF input/output supported formats, a must-have addition to image processing. The solution will be on display at the NAB 2010 show for broadcast professionals.
This highly affordable processor imparts a robust integrated design, which in turn offers an extraordinary set of high-end features in a single device. The ImageEvolution X3 is equipped with a full breadth of video processing capabilities such as, per-pixel motion-adaptive video noise reduction which removes the white Gaussian noise present in most types of video, content-adaptive block and mosquito noise reduction which significantly reduces these artifacts present in compressed video, natural depth expansion, and adaptive scaling, just to name a few. Moreover, this all can be done in real-time which will ultimately save users time and money, while providing exceptional image results.
"The new X3 solution offers broadcast professionals the most robust set video processing technologies available, and will maximize returns on production costs," states Kevin Keefe, Director of Engineering. "The addition of the PsF capability to this product is a very significant feature which broadcast engineers have been continually requesting. This will really put the product line at the leading edge of image processing and conversion."
The ImageEvolution X3 represents great strides in video technology and is capable of converting and scaling SD, HD, dual-link HD, and 3G. In addition, it provides up to 20 user programmable presets that make image conversion and scaling effortless. System features include support for 8 channels of embedded audio and ancillary data. Users are able to control the ImageEvolution X3 through its front panel multi-function selector and LCD display, and an RS-232C port is available for remote control of the unit. An internal universal AC power supply, means no wall wart, so the product can easily be stand-alone or rack mounted.
NAB attendees are invited to stop by Thinklogical's booth (SL4729) in the South Hall during expo hours to see demonstrations of all the new solutions.
Thinklogical is the leading manufacturer and provider of fiber optic KVM/video extension solutions, and fiber matrix routers and switches. Organizations worldwide rely on Thinklogical's products and solutions for optimal performance in secure visual computing environments. Through pioneering next generation fiber optic extension, switching, and server management technologies Thinklogical helps customers reduce cost and simplify the management of complex computing infrastructures. Thinklogical sells directly and through integrator and VAR channels and is privately held and headquartered in Milford, Connecticut. For more information, contact us at http://www.thinklogical.com.
More Than 400 Organizations Worldwide Adopt EMC SourceOne to Manage Risks, Simplify E-Discovery and Cut Storage Costs
EMC SourceOne Makes Information Governance Actionable for Customers
HOPKINTON, Mass., April 8 -- EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, today announced that in just one year since its introduction, more than 400 organizations worldwide have adopted EMC SourceOne(TM). Customers including Northampton Borough Council, Ogilvy South Africa and TOMRA are deploying EMC SourceOne to help them manage risks, simplify e-discovery and cut storage costs.
U.K. Public Agency Controls Storage Growth and Promotes Compliance
The Northampton Borough Council employs over 1,500 people in a vast range of jobs to serve the 200,000 people who live within the largest borough in England. The borough council had high production storage costs due to the growth of e-mail messages and proliferation of PST files. In addition, it needed to comply with the Freedom of Information Act (FOIA) which requires a multi-year retention policy.
"EMC SourceOne is enabling us to eliminate nearly 400 gigabytes of PST files which reduces our storage production costs and improves our back-up window," said Carl Moreton, Enterprise Systems Project Analyst at Northampton Borough Council. "And now that all of our archived e-mail is stored in one repository, we can easily manage our retention policy to meet FOIA compliance. On top of that, the flexible, easy-to-use search tool is becoming very popular with our users."
Ad Agency Reins in IT Costs and Reduces E-mail Retrieval Time from Two Weeks to Just Minutes
Ogilvy South Africa, an advertising agency, needed to avoid using up all available disk space in their e-mail servers and evolve its e-mail storage strategy to minimize exhaustion of IT resources while reining in costs.
"With EMC SourceOne, we are able to minimize IT costs by curbing the growth of our production e-mail environment and reducing the time for back-up, defragmentation and restore processes," said David Breytenbach, Group IT Manager at Ogilvy South Africa. "We accomplished this with no end-user training required and the whole process was transparent to the users."
"In addition, e-mail retrieval for e-discovery requests has historically been a challenge sometimes taking up to two weeks," said Breytenbach. "Since EMC SourceOne was implemented, the whole process can now be performed by any IT support staff within minutes."
Global Provider of Recycling Solutions Proactively Manages Growth of Production E-mail Environment
With the mission of "Helping the World Recycle," TOMRA is a leading global provider of advanced solutions enabling recovery and recycling of materials. The company required a solution that would slow down the growth of its production e-mail environment and quickly produce e-mails for litigation-readiness.
"One of the real benefits of EMC SourceOne is eliminating the time-consuming process of restoring back-up tapes when we need e-mails for legal purposes," said Kyle Burke, Senior Infrastructure Engineer at TOMRA. "With all of our e-mails ingested, we can easily search the EMC SourceOne archive. We are also proactively managing the growth of our Exchange server and have reduced the risks of unmanaged data by collecting and archiving PST files."
EMC SourceOne Overview
-- Organizations need to build an information governance strategy to
manage the growing volume of information. Information governance
encompasses the people, practices and technology to proactively manage
and take control of what and where information is stored, who has
access to the information and how it is protected as well as how long
the information is retained.
-- Unveiled in April 2009, EMC SourceOne is a family of modular,
integrated products for archiving, compliance and e-discovery that
makes information governance actionable.
-- EMC SourceOne enables policy-based information management so customers
can improve operational efficiency, ensure compliance and mitigate
-- Core to EMC SourceOne is an innovative, next-generation architecture
that provides high availability and flexibility. Its unique design
operates efficiently in a single server for midsize companies and
public agencies and scales horizontally to meet the needs of large
-- The EMC SourceOne portfolio of information governance solutions
includes EMC SourceOne Email Management, EMC SourceOne Discovery
Manager, EMC SourceOne eDiscovery - Kazeon and EMC SourceOne Email
Supervisor. The modularity of EMC SourceOne allows customers of all
sizes to start with their most pressing information management
challenges and expand over time.
Join the EMC SourceOne communities on the EMC SourceOne Insider Blog, Twitter, Facebook, YouTube and the EMC Community Network.
EMC Corporation (NYSE:EMC) is the world's leading developer and provider of information infrastructure technology and solutions that enable organizations of all sizes to transform the way they compete and create value from their information. Information about EMC's products and services can be found at http://www.EMC.com.
EMC is a registered trademark of EMC Corporation and its subsidiaries. EMC SourceOne is a trademark of EMC Corporation. All other trademarks are property of their respective owners.
Source: EMC Corporation
CONTACT: Liza S. Goldberg of EMC Corporation, +1-925-600-5991,
Innovative Content Sharing Company Qlipso, Purchases Assets of Video Content Site Veoh
Tens of Millions of Veoh Users Will Soon Gain Access to Social Video Sharing With Live Interactive Webcams, 3D Animated Avatars, Voice Chat and Other Social Media
JERUSALEM, April 8 -- Qlipso, a social feature-rich multi-party content-sharing platform with 3D avatars, webcam and voice, today announced its purchase of substantially all of the assets of Veoh, an Internet Television company delivering broadcast-quality video programming. The purchase enables Qlipso's unique synchronized media sharing and socially-interactive environment to tap into Veoh's library of more than one million videos, TV shows, online games and other interactive content, as well as Veoh's tens of millions of active monthly users. Qlipso is backed by Jerusalem Venture Partners (JVP), a leading Israeli venture-capital fund.
The purchase of Veoh's assets by Qlipso presages a shift in the changing nature of online media consumption with users transitioning from an individual viewing experience to a multi-platform, social media experience all within the same user interface.
The transaction immediately transforms Qlipso from an early-stage, pre-revenue technology start-up into a high-tech, rich-media company that boasts a powerful community prime for online advertisers. To facilitate advertising needs, Qlipso has partnered with Outrigger Media in New York for direct advertising sales.
"By bringing together features of both Qlipso and Veoh, we are taking the best of social, multiplayer online gaming and applying that to mainstream digital content, such as videos and music, for a mainstream audience," said Jon Goldman, CEO of Qlipso. "This provides not only a terrific user experience, but also a vastly improved target audience for advertisers."
Qlipso enables users to identify themselves using 3D animating avatars, webcams or Facebook thumbnails, along with social features such as video, voice and text chat; all of which can be accessed within the same user interface, thus allowing users to view online content while having the ability to see and chat with one another. The Qlipso platform, which can be accessed entirely via Web browser, transforms media consumption into a shared social experience, both asynchronously and live with friends and family.
Qlipso supports all types of Flash-based media, including video, music, games, slideshows, presentations, widgets and other digital content from any Web site using Qlipso's proprietary portable media player. Qlipso also taps into Facebook Connect, allowing site users to easily share content with their friends and chat about the videos they are watching without creating an online profile.
Other qualified Web publishers will also have the opportunity to incorporate Qlipso's features on their own sites.
Prior to the asset purchase by Qlipso, Veoh was an established media site, founded in 2004, with tens of millions of unique monthly visitors and had raised approximately $70 million from venture capital and media investments. As part of the transaction, key former Veoh executives will help shape the new vision of Qlipso.
"We are thrilled to support Qlipso, a JVP Media Studio graduate, in this strategic move," said Erel Margalit, JVP founder and managing partner. "There has yet to be a significant mainstream social approach to online media sharing that parallels how people consume media in offline social settings. We believe this transaction answers that need, as it provides users with a means to socialize around their favorite media content in a relaxed and social setting."
Qlipso is the first completely portable Web-based experience that allows users to share any type of Flash-based media live and synchronized with their friends and family in a relaxed and secure online social setting. Personalization options include avatar creation and webcam support, thereby enabling users to interact with each other while viewing the media simultaneously. As a business partner, Qlipso integrates with web sites to allow their audience to invite friends to share content, as well as to open up new revenue streams, like virtual item sales. For more information, please visit http://www.qlipso.com/.
About Jerusalem Venture Partners :
Jerusalem Venture Partners (JVP) is one of the leading venture-capital funds in Israel. The Fund operates from Jerusalem and manages more than USD$800 million. JVP focuses on building market leaders in the fields of digital media technology, including gaming and virtual worlds, mobile media, software and hardware applications and Internet advertising. With leading industry venture partners and consultants in New York, Los Angeles and Europe, and an international network of strategic partners, JVP leverages its unique market expertise, its dedicated management team and substantial capital base to build companies with the potential of shaping the global markets. For more information, please visit http://www.jvpvc.com/.
PR Contact for JVP
MEDIA CONTACT on behalf of Qlipso
Sternberg Strategic Communications
Adap.tv Teams With Grab Networks to Expand its Online Video Advertising Marketplace
Partnership Provides Adap.tv Marketplace Buyers with Premium Video Advertising Inventory from Grab Networks
SAN MATEO, Calif., April 8 -- Adap.tv, creators of the first online video advertising marketplace and the onesource video ad management platform for publishers, announced today a partnership with Grab Networks, a leading multi-platform video syndication network and video management platform, to supply premium video inventory for buyers. The alliance brings adap.tv's partnerships with agencies, networks and marketers together with Grab Networks' diverse and growing network of high-quality professional content and affiliate sites.
Grab Networks is the latest partner to add its network to the hundreds of millions of video streams already running through the adap.tv marketplace. The adap.tv marketplace provides a straightforward transaction mechanism and full transparency for both buyers and sellers, consistent with Grab Networks' approach to the advertising market.
"We believe that adap.tv is leading the market in the right direction and that its marketplace creates a compelling vehicle to allow additional advertisers to reach our unique and engaged audience," said Fred Singer, CEO of Grab Networks. "By partnering with adap.tv, we hope to create incremental and recurring value for our network of content partners, publishers and advertisers."
Grab Networks will also use the adap.tv onesource online video ad-serving platform. This partnership expands marketers' ability to tap into high-quality online video content for more high-impact campaigns. According to eMarketer, online video advertising spend increased 48.5 percent in 2009, and will grow an additional 55.3 percent in 2010.
"Premium, professionally produced online video is still in short supply and there is significant demand," said Toby Gabriner, President of adap.tv. "Adap.tv and Grab Networks are working together to lay the groundwork for future growth in online video, which means finding quality inventory and enabling syndication to get it to the right publishers."
Adap.tv develops video advertising trading, serving and management technology that makes video more profitable and less painful. It is the way video advertising works. The adap.tv marketplace (atm) is the industry's first online video advertising marketplace. atm connects advertisers, agencies, publishers and ad networks with a robust marketplace to make smart buying and selling decisions in real time. adap.tv is also the creator of onesource, the online video ad-serving platform that empowers publishers to succeed in online video. A complete end-to-end solution, onesource helps publishers increase advertising revenue, grow streams, make the right business decisions, and simplify every aspect of ad operations. Based in San Mateo, CA with a sales office in New York, the company is privately held and is backed by Spark Capital, Redpoint Ventures and the Gemini Israel Funds. For more information please visit http://adap.tv/.
About Grab Networks
Grab Networks is an integrated media and technology solutions company focused on increasing returns on multi-platform video through: software solutions that help content producers and publishers increase the value of their content; licensed premium content and publisher services that help web publishers increase their audience; and media services that allow marketers to increase the reach and effectiveness of their advertising. This unique combination of media network and software solutions drives the company's focus, its technology developments, and its industry relationships toward achieving the scale and efficiencies necessary to maximize returns from investments in online video.
For media inquiries, contact:
Weber Shandwick for adap.tv
CONTACT: Julie Nicholson, Weber Shandwick for adap.tv , +1-212-445-8371,
Intercim Announces the Signature of a Framework Agreement With EADS
PARIS, April 8, 2010-- Intercim, one of the first authors of Manufacturing Operations Management
(MOM) software solution for complex and highly regulated industries signs a
framework agreement with its historical customer, EADS.
The signature of this contract marks an important stage in the relation
between Intercim and its customer EADS following successful collaboration of
5 years and twenty projects in several subsidiaries of the group. This
contract allows the purchase of all the modules of Intercim's Pertinence
Suite software, and associated services for each of the subsidiaries of EADS
worldwide. It also anticipates the incorporation of modules to come, notably
those jointly developed with Dassault Systemes.
Through this framework agreement, any subsidiary of the EADS group
benefits from attractive rates to acquire a Pertinence Suite server and
deploy a large number of concurrent users. The Pertinence Suite license
management system allows EADS to centralize license management and anticipate
its future needs.
Yann d'Aramon, Director Europe of Intercim is very pleased: << We are of
course very happy with the signature of this framework agreement by one of
the recognized leaders in worldwide aircraft manufacturing. This contract is
on one hand, recognition of the value that we have brought to EADS group in
the past years, and on the other, a mark of trust that we will continue to
add value for them in the future; it is especially the guarantee of a
simplified, quicker and more efficient collaboration between our teams. >>
Intercim has a 27-year history of helping advanced and highly
regulated manufacturers reach their business goals through best in class
software solutions. Early 2009, Dassault Systemes a world leader in 3D and
Product Lifecycle Management took a minority position in Intercim. Both
companies consider critical that information exchange and collaboration
between engineering, manufacturing and the supply network be handled in
real-time. For the first time, the combination of Intercim's software
capabilities with the virtual experience provided by Dassault Systemes'
solutions allows this type of mission-critical collaboration and knowledge
Intercim works mainly for advanced and highly regulated
industries and with industry-leading customers such as Sanofi Pasteur, Ball
Aerospace, BMW, and Honeywell.
Americans Air Dirty Laundry; Express Dissatisfaction With Current Cleaning Tools
New Survey Results Reveal House Cleaning Trends, Show that Americans are No Strangers to Taking Shortcuts to Get the Job Done
ENGLEWOOD CLIFFS, N.J., April 8 -- With warmer weather comes the annual ritual of spring cleaning, and many Americans report that cleaning their home is one of their most dreaded activities - second only to public speaking, according to a new national survey of American consumers.
Eighty-four percent of those polled wish there were options to make household cleaning easier, while more than six in 10 Americans admit they tend to take short cuts in cleaning because it is too difficult to clean hard-to-reach places, and the majority report they just clean what they see.
The 2010 spring cleaning survey was developed to determine how Americans approach house cleaning. Key findings from the survey, commissioned by LG Electronics USA, include:
-- Out of sight, out of mind: More than half (54 percent) of Americans
admit they typically clean only what can be seen because it is too
difficult to get to the hard-to-reach places. However, nearly
three-quarters of respondents (72 percent) reported that it is
difficult to feel like the house is clean when there are so many
hard-to-reach places to clean.
-- Down and dirty: Alarmingly, Americans report that mattresses and
drapes/curtains top the list of items that rarely get cleaned, with
more than half cleaning these items once a year or less often. And,
drapes topped the list of areas Americans dislike cleaning most. Those
surveyed also reported they seldom clean staircases and pillows, with
44 percent stating that they clean the stairs once a year or less
often and 34 percent saying their clean their pillows at the same
-- Love it or leave it: While Americans report they can't live without
their washer/dryer (70 percent) and their vacuum cleaner (46 percent),
four in 10 Americans (39 percent) believe that one of their household
appliances is ready for the dump.
-- Suck it up: The top two features Americans are looking for in a vacuum
cleaner are greater suction power (69 percent) and easier pick up of
all dirt and debris, including from hard-to-reach places (64 percent).
Half of Americans (50 percent) are looking for a vacuum cleaner that
makes it easier to clean areas like stairs and upholstery.
-- Green is king: The top features Americans want in a washer/dryer pair
are energy- and water-efficiency (74 percent).
-- Lighten the load: Half of consumers surveyed reported they are
interested in a washer/dryer pair that is able to wash more clothes in
fewer loads (51 percent), offers better cleaning performance (51
percent), is flexible enough to accommodate a variety of washing needs
such as gentle fabrics and deep cleaning (50 percent), and makes less
noise and vibration (50 percent).
"According to this fresh research, 84 percent of those polled wish there were options to make household cleaning easier," said Peter Reiner, senior vice president, marketing, LG Electronics USA. "From our ultra-efficient front- and top-load washers to our new line of vacuum cleaners with superior performance, LG offers consumers 'something better' to help take care of their homes and families - and at the same time, make tasks like this seem like less of a chore."
LG's new line of vacuums, available at retailers nationwide this spring, is designed to clean effectively, provide ease of use and reduce allergens in the home environment by incorporating innovative solutions such as DualForce(TM) suction, Kompressor® technology and a larger bin. These advanced features pick up dirt and debris across a wide suction area, compact the bin contents to hold more, and allow for easy disposal of compacted dust.
The top-of-the-line model, the LuV300B, includes LG's Click N' Go(TM) wand, which allows users to control the unit remotely from the wand when it is removed from the base making it easier to clean hard-to-reach areas like upholstery, drapes and staircases.
The introduction of LG's new top- and front-load washers this spring further helps fill consumers' request for laundry appliances that are both more energy- and water efficient; in fact, LG's new front-load washer is one of the most efficient models available. Exclusive technologies like LG's ColdWash(TM), 6Motion(TM) and WaveForce(TM) contribute to the reduction of the products' impact on the environment, allowing for a 51 percent reduction in energy use and 40 percent less water use than conventional top-load machines, making it easier to keep a clean household.
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances and business solutions, all under LG's "Life's Good" marketing theme. For more information, please visit http://www.LGusa.com.
An online survey was conducted using the field services of TNS. The study reached a national sample of 1,000 American adults ages 18 and older. The margin of error for the total sample is +/-3.1% at the 95% confidence level. This means that if we were to replicate the study, we would expect to get the same results (within 3.1 percentage points) 95 times out of 100.
Source: LG Electronics USA, Inc.
CONTACT: Clara Chang +1-201-816-2011, email@example.com, or Katy
Donnelly, +1-704-846-1864, Katy.Donnelly@lg-one.com, both of LG Electronics
The BradField Company Announces Consulting Agreement With Licensing Industry Expert for 'Digital Novel' Inanimate Alice
NEW YORK, April 8 -- The BradField Company announced today that it has signed an agreement with licensing specialist Donna M. Bruschi to assist the company in marketing, promoting and licensing its critically acclaimed interactive property, Inanimate Alice.
"Donna M. Bruschi's IP and licensing expertise in the global marketplace will help establish new contacts as we search for publishing house and media partners to promote and distribute Inanimate Alice," said Ian Harper, CEO of The BradField Company. "She has extensive experience in licensing world-renowned brands, and will be a key player in helping take Inanimate Alice to the next level."
"I am extremely excited about the opportunity to work with The BradField Company, and about the innumerable opportunities that we have in front of us with Inanimate Alice," said Ms. Bruschi. "Inanimate Alice is at the forefront of mixed-media educational tools, and I am confident that we can work together to bring this ground-breaking educational title to parents, educators and media savvy children all over the world."
The BradField Company is the creator and producer of the digital publishing property Inanimate Alice. Inanimate Alice is a "digital novel" combining text, audio, video, special effects, and gaming to explore a form of storytelling in which the reader is converted into an active participant. Wholly grassroots, Alice has garnered numerous international awards, acclaim and fans all over the world including several ministries of education, literacy groups and advocates, digital media and publishing experts, educators and students alike (http://www.inanimatealice.com).
Donna M. Bruschi is a licensing, branding and marketing consultant with over a decade of experience working across all media formats and consumer products for educational, entertainment, digital and consumer brands. Ms. Bruschi has successfully developed licensing programs and products for brands such as Sesame Street, The Muppets, Dora the Explorer, The Lord of The Rings, The Care Bears and SpongeBob SquarePants in markets around the globe.
Cardinal Health Foundation, The Ohio State University College of Pharmacy Launch Online Toolkit to Empower Pharmacists, Community to Fight Rx Abuse
New, Free Toolkit Helps Pharmacists Work with Community Partners to Fight Prescription Medication Abuse through Education, Outreach
DUBLIN, Ohio, April 8 -- Today, prescription medication abuse is a significant societal health issue, with more Americans abusing prescription drugs than cocaine, heroin, hallucinogens and inhalants combined(1) and one in five teens abusing a prescription medication at least once in their lifetime(2).
A new online toolkit, developed by The Ohio State University College of Pharmacy with funding from the Cardinal Health Foundation, now aims to help pharmacists work with concerned citizens, local schools and civic organizations to fight this growing social health problem in their communities.
The new Generation Rx toolkit, available for free public download at http://www.cardinalhealth.com/generationrx, is a key component of a broader partnership between the two entities to increase public awareness of prescription medication abuse and to encourage health care providers, community leaders, parents, teens and college students to actively work to prevent it.
"The abuse and misuse of prescription drugs is second only to marijuana use as the nation's most prevalent drug problem(3). More than 6 million Americans age 12 and older have taken a prescription pain reliever, tranquilizer, sedative or stimulant for non-medical reasons in the past month(4), and nearly 7,000 people in the United States do so for the first time every day," said Ken Hale, assistant dean for Professional and External Affairs at The Ohio Sate University College of Pharmacy. "It's clear that more needs to be done to combat this growing societal issue. Through the Generation Rx toolkit and other community education efforts, we're proud to work in partnership with the Cardinal Health Foundation to help more Americans understand prescription medication abuse and how to prevent it."
Developed with input from pharmacists, the Generation Rx toolkit contains all of the communications materials needed to educate local schools and community organizations about the scope and consequences of prescription medication abuse and misuse.
It also shares information about how to safely store and dispose of prescription medications, how to learn more about this problem, and action steps to prevent it.
"The new Generation Rx toolkit empowers pharmacists to leverage their role as trusted, local health care experts to help patients, teens and their broader communities understand the pervasiveness of prescription medication abuse and what they can do to prevent it," said Shelley Bird, executive vice president of Cardinal Health and chairperson of the Cardinal Health Foundation. "We're grateful to The Ohio State University College of Pharmacy and to the many local pharmacists who provided the expertise and insight to develop such a comprehensive educational resource."
Cardinal Health is also encouraging its employees to partner with local pharmacists to use the Generation Rx toolkit to educate their local communities about prescription medication abuse.
After an initial pilot rollout in Ohio, Cardinal Health and The Ohio State University College of Pharmacy plan to make these educational materials available for use nationwide.
In a related effort, the Cardinal Health Foundation also recently invited local non-profit organizations in the four cities that have the highest number of Cardinal Health employees - Albuquerque, N.M., Central Ohio, Houston, Texas and Radcliff, Ky. - to submit grant requests for local programs that increase awareness of prescription medication abuse. Recipients of those grants are expected to be announced in Spring 2010.
About the Cardinal Health Foundation
The Cardinal Health Foundation supports local, national and international programs that improve health care efficiency, effectiveness and excellence and the overall wellness of the communities where Cardinal Health's (NYSE:CAH) 30,000 employees live and work. The Cardinal Health Foundation also offers grants to encourage community service among its employees and works through international agencies to donate much-needed medical supplies and funding to those who need them in times of disaster. To learn more, visit CardinalHealth.com/community.
(1) 2008 National Survey on Drug Use and Health
(2) 2009 Partnership Attitude Tracking Study
(3) 2008 National Survey on Drug Use and Health
(4) 2008 National Survey on Drug Use and Health
Source: Cardinal Health Foundation
CONTACT: Media, Tara Schumacher, +1-614-757-6250,
firstname.lastname@example.org, or Investors, John Frank, +1-614-757-3996,
Industry Experts on Enterprise and Secure Architectures to Speak at The Open Group Rome Conference
Leaders from the Burton Group, Forrester, MITRE, Penn State University, CA, Oracle and Other Organizations Dissect Business Architecture, SOA, Security and Cloud Computing
SAN FRANCISCO, April 8 -- The Open Group today announced the plenary agenda and expanded speaker lineup for The Open Group Conference Rome 2010, to be held on April 26 - 30, 2010 at the Sheraton Roma Hotel and Conference Center. Conference sessions and speakers from around the world will discuss topics that include how to make enterprise architecture (EA) meaningful to businesses, maximizing return on investment for the provisioning of information security and best practices for cloud computing.
The Enterprise Architecture Plenary and Track sessions, running April 26-28, will allow attendees to explore the evolving role of EA as it aligns more closely with business decision-making at an executive level. Over the course of three days, industry professionals, university professors and analysts will outline practical initiatives based on real-life experiences to help attendees implement tomorrow's best EA practices and policies. Presenters for this track include: Michael Rollins, research director, Burton Group/Gartner; Dr. H.A. (Erik) Proper, professor, Radboud University Nijmegen and senior research manager, Public Research Centre Henri Tudor in Luxembourg; Terence Blevins, lead architect, MITRE Corporation; Henry Peyret, analyst, Forrester Research; Brian Cameron, professor of practice director, Enterprise Architecture Initiative, Penn State University; Janne J. Korhonen, principal, Requisite Remedy.
Conference attendees will also have the opportunity to attend a full series of five tutorials on SOA prepared by The Open Group's SOA Work Group. Each tutorial in this series is designed for attendees to build knowledge from each previous tutorial, with content becoming increasingly technical as the series progresses. Tutorial topics include the business impact of SOA, governance, reference architectures, the use of standards such as TOGAF(TM), and implementation. The SOA conference track will also feature some of the industry's foremost experts on SOA - Leonardo Ramirez, chief enterprise architect, EASY Colombia/Chile/Argentina, and Marcel Berneaud, managing consultant, Architecture Strategy, Detecon International - discussing evolving EA from the IT department to executive board-room conversations and the alignment between SOA and BPM to help align business needs with architecture, respectively.
Security and Cloud Computing
The Security Practitioners Track and the Cloud Computing Track taking place on Wednesday, April 28, will take a very practical look at the current state of both security and cloud computing with the aim of identifying hands-on solutions to address the challenges organizations face regarding secure architectures, cloud computing and securing the cloud. Sessions in the Security Track will train attendees how to architect secure business solutions, verify their effectiveness and ensure the best return on investment. Thought-leaders such as Shawn Mullen, AIX security architect, IBM, and Jim Hietala, vice president Security, The Open Group, will outline mature and proven solutions that deliver cost-effective information security and automated compliance. Stuart Boardman, CGI, Canada will provide an update on the Cloud Security Reference Architecture project.
In the Cloud Track, Tony Shan, principal enterprise architect, Keane, Inc. will discuss how adaptive cloud engineering using an SOA-based approach can be applied to develop real-world cloud solutions. Enrico Boverine, senior principal consultant, CA, will present on the business decisions behind cloud computing by investigating a "cloud scene" in the style of a detective examining a crime scene, emulating the popular television series CSI. Francesco Pititto, principal enterprise architect WCE Consulting, Oracle, will discuss the influence cloud computing has had on a telecommunication operator's enterprise architecture.
Registration, Sponsorship and Exhibit Opportunities
Registration is open to both members and non-members of The Open Group. For more information, or to register for the conferences in Rome please visit: http://opengroup.org/rome2010/register.htm. Registration is free for members of the press and industry analysts.
The Open Group is a vendor-neutral and technology-neutral consortium, which drives the creation of Boundaryless Information Flow(TM) that will enable access to integrated information within and between enterprises based on open standards and global interoperability. The Open Group works with customers, suppliers, consortia and other standard bodies. Its role is to capture, understand and address current and emerging requirements, establish policies and share best practices; to facilitate interoperability, develop consensus, and evolve and integrate specifications and open source technologies; to offer a comprehensive set of services to enhance the operational efficiency of consortia; and to operate the industry's premier certification service. Further information on The Open Group can be found at http://www.opengroup.org/.
Source: The Open Group
CONTACT: Bill Bourdon of The Bateman Group, +1-415-602-1491,
email@example.com, for The Open Group
City of Phoenix, AZ Issues Contract; RELM Wireless Designated a Supplier of P25 Radio Equipment
WEST MELBOURNE, Fla., April 8 -- RELM Wireless Corporation (NYSE:AMEX)(NYSE:-)(NYSE:RWC) today announced that it has been selected as one of a group of suppliers of P25 digital two-way radio subscriber equipment to the City of Phoenix, AZ. The initial period of the contract spans five years, which commenced on March 15, 2010, and may be extended for up to five additional one-year periods. The estimated total value of the initial contract period is $6 million, but may be higher or lower depending on the city's needs and budgets. The contract does not specify purchase dates or quantities of equipment from any particular supplier.
RELM's President and Chief Executive Officer David Storey commented, "One of our most important strategic objectives is to increase RELM's presence in local metropolitan markets with our state-of-the-art and easy-to-use KNG product line. We are very pleased to add the Phoenix contract; an important early win and a meaningful step toward this objective. We believe our product quality and value will be an attractive combination for the City's various departments and radio users."
About APCO Project 25 (P25)
APCO Project 25 (P25), which requires interoperability among compliant equipment regardless of the manufacturer, was established by the Association of Public-Safety Communications Officials and is approved by the U.S. Department of Homeland Security. The shift toward interoperability gained momentum as a result of significant communications failures during events such as the 9/11 attacks and Hurricane Katrina. RELM was one of the first manufacturers to develop P25-compliant technology.
About RELM Wireless Corporation
As an American Manufacturer for more than 60 years, RELM Wireless Corporation has produced highspecification twoway communications equipment of unsurpassed reliability and value for use by public safety professionals and government agencies, as well as radios for use in a wide range of commercial and industrial applications. Advances include a broad new line of leading digital twoway radios compliant with APCO Project 25 specifications. RELM's products are manufactured and distributed worldwide under BK Radio and RELM brand names. The Company maintains its headquarters in West Melbourne, Florida and can be contacted through its web site at http://www.relm.com or directly at 18008212900. The Company's common stock trades on the NYSE Amex market under the symbol "RWC".
This press release contains certain forward-looking statements that are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act Of 1995. These forward-looking statements concern the Company's operations, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, the following: risks relating to the current financial crisis and adverse economic conditions; reliance on contract manufacturers; heavy reliance on sales to the U.S. Government; federal, state and local budget deficits and spending limitations; limitations in available radio spectrum for use by land mobile radios; general economic and business conditions amid the financial crisis; changes in customer preferences; competition; changes in technology; changes in business strategy; the debt and inventory levels of the Company; quality of management, business abilities and judgment of the Company's personnel; and the availability, terms and deployment of capital. Certain of these factors and risks, as well as other risks and uncertainties, are stated in more detail in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
Source: RELM Wireless Corporation
CONTACT: Company Contact: RELM Wireless Corporation, Timothy Vitou, VP
Sales & Marketing, +1-321-984-1414; Investor Relations Contact: SM Berger &
Company, Stan Berger, +1-216-464-6400, firstname.lastname@example.org
Inside Duane Reade's Transformation: What Made Walgreens Take Notice?
NEW YORK, April 8 -- When the 50-year-old NYC drug store chain Duane Reade decided to rethink their brand and customer experience they hired Joe Jackman. This career retail strategist and expert in guiding retail brand transformations became responsible for leading their overall strategy and spruce up their image. Beginning in late 2009, the brand started bringing to life the company's new brand mantra of "New York Living Made Easy" with a complete overhaul. Jackman will share his Duane Reade journey at a large industry event and provide insight into the research that led to such a successful transformation.
The ultimate result? Walgreens took notice and acquired the chain in February 2010 as part of their own Customer-Centric Initiative.
The Institute for International Research is pleased to announce that Joe Jackman, Acting Chief Marketing Officer for Duane Reade, will be keynoting at the 10th annual Shopper Insights in Action Conference taking place July 11-14, 2010 in Chicago, IL. His session "Revitalizing Brands: The Power of Insights to Drive Retail Transformation" will take place on Tuesday, July 13th at 10:30 am.
Jackman was also a key member of the leadership team tasked with the recent turnaround of Old Navy, and most recently, as Acting CMO of Duane Reade, one of the leaders behind the impossibly fast and surprising reinvention of Duane Reade, New York's iconic drugstore chain.
In his presentation, Jackman will draw from his experience with these retail brands and others, sharing his thoughts on how to craft strategies that ignite momentum before change becomes visible, the role of research to establish foundations for action and uncover what really matters, and the importance of allowing insights to be the North Star for creating inspired brand expression and content.
The Shopper Insights in Action Conference Background
The 10th annual Shopper Insights in Action Conference is recognized as the industry's #1 shopper-focused event in the world - where Brands, Retailers and their Partners analyze the changing shopper mindset, translate insights into opportunities and explore emerging trends influencing the retail world. The complete program and speaker roster is available for review at: http://www.shopperinsightsevent.com/
This event is open for registration. $100 discount is available through May 14, 2010. For registration information, visit the conference website at http://www.shopperinsightsevent.com/ or call 888.670.8200. When registering please mention priority code: M2215PR1
With over 50 educational sessions, 75+ speakers and over 500 expected to attend, this is the most comprehensive agenda for translating insights into action. Speaking companies are best-in-class brand and retail leaders, including Procter & Gamble, Stop & Shop, JCPenney, Staples, Home Depot, Office Depot, Food Lion, Kraft Foods, ConAgra, The Coca-Cola Company and more. Visionary keynotes include Dan Ariely, Author of Predictably Irrational; Lee Eisenberg, Author of Shoptimism; Kit Yarrow, Author of Gen BuY; and more.
China Finance Online Launches Live Coverage on Stock Index Futures in China
BEIJING, April 8 -- China Finance Online Co., Ltd. ("China Finance Online"," the Company") (NASDAQ:JRJC), the technology-driven, user-focused market leader in China in providing vertically integrated financial services and products including news, data, analytics and brokerage through web portals, software systems, and mobile handsets, today announced its wholly own subsidiary, Fortune Software, has entered into definitive agreement with China Financial Futures Exchange ("CFFEX") to provide real-time coverage on China's newly introduced Stock Index Futures.
Pursuant to the agreement, China Financial Futures Exchange will authorize Fortune Software to provide all the data including market information, trading data and other information or data related to Stock Index Futures products to end users in mainland China.
In February 2010, the State Council of China approved the introduction of stock index futures. The stock index futures is rolled out to enhance the foundation of China's capital market, increase the trading mechanism of securities, complete the market function, stabilize the market operation, and promote the healthy development of the capital market. Stock index futures is a developed product in many well-established stock markets around the world. Established by the State Council in September 2006, China Financial Futures Exchange has been in charge of product design, rules establishment and all aspects of technical preparations as well as investor education.
Mr. Zhiwei Zhao, Chief Executive Officer of China Finance Online, stated, "We are very excited about the opportunity to work CFFEX to provide the live coverage on Stock Index Futures in China. With Chinese stock exchanges' advancement toward a more sophisticated member of global capital markets, we see the stock index futures can propel more liquidity into Shanghai Stock Exchange and Shenzhen Stock Exchange, two of world's most liquid stock exchanges. We also applaud government's prudent development on the stock market and careful selection of qualified financial information provider to be the creditable interface with over 170 million investment trading accounts in China. This important strategic partnership represented another key milestone as China Finance Online strives to become the 'one-stop' source of all financial and investment information, data and analytics for our current 14 million registered user base."
About China Finance Online
China Finance Online Co. Limited is the technology-driven, user-focused market leader in China in providing vertically integrated financial services and products including news, data, analytics and brokerage through web portals, software systems, and mobile handsets. Through its web portals, http://www.jrj.com and http://www.stockstar.com, the Company provides individual users with subscription-based service packages that integrate financial and listed company data, information and analytics from multiple sources with features and functions such as data and information search, retrieval, delivery, storage and analysis. These features and functions are delivered through proprietary software available by download, through internet or through mobile handsets. Through its subsidiary, Genius, the Company provides financial information database and analytics to institutional customers including domestic securities and investment firms. Through its subsidiary, Daily Growth, the Company provides securities brokerage services for stocks listed on Hong Kong Stock Exchange.
About China Financial Futures Exchange
With the approval of the State Council and the authorization of China Securities Regulatory Commission (CSRC), China Financial Futures Exchange (CFFEX) was founded jointly by Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange on September 8, 2006 in Shanghai. For more information, please log on http://www.cffex.com.cn/
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's strategic operational plans and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The Company believes that the Chinese economy continues to expand; however, the expansion may be uneven with certain sectors being affected more than others with resulting volatility in the Chinese equity market which could influence the Company's operating results in the coming quarters. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For more information, please contact:
China Finance Online Co., Ltd.
In the United States:
Source: China Finance Online Co., Ltd.
CONTACT: In China: Lily Zhang, Investor Relations, China Finance Online
Co., Ltd. at email@example.com; In the United States: Kevin Theiss, Grayling at +1-
646-284-9409 or firstname.lastname@example.org
Label Interactive's 'Game Table', iPad Board Games and Virtual Cards, Now Available on iTunes App Store
Game Table allows owners of iPad to play Checkers, Chess, Poker, and virtually any card game
DANBURY, Conn., April 8 -- Label Interactive, a leading innovator in interactive design and game development, today announced that Game Table is now available on the Apple iTunes App Store for an introductory price of 99 cents.
Imagine all of your favorite board games with no small pieces to lose. Game Table delivers your game collection in electronic format. You provide the competition -- and the action.
"Game Table isn't a typical video game," explains Jeff Juliard, Label Interactive founder and president. "There are no 'rules' built in. Game Table simply provides gorgeous, photorealistic tables, game pieces, and a virtual deck of cards, along with an intuitive way for users to interact with them. You can play your favorite classic games any way, anywhere, and anytime you want without ever having to worry about lost pieces."
-- Detailed, photo-realistic game tables, boards, and pieces
-- A virtual deck of cards with the ability to move, stack, flip, and
-- Poker chips and dealer button on Poker Table
-- Checkers, Chess, and Cards
-- More games coming soon as free updates
-- Auto-saves the position of all your pieces when you exit the app
-- Multiple table backgrounds
-- Simulated physics
-- Snap to squares
-- Full 1024 x 768 pixel resolution
Label Interactive (http://www.labelinteractive.com/) is a Connecticut-based interactive design and development company specializing in online and mobile branded games, microsites, and rich media advertising solutions. Formed in 1998, Label Interactive produces online experiences for some of the largest brands on the planet, including MTV Games, ESPN, Turner, and others.
Unicorn Media to Provide Global Live Broadcast of the 2nd Annual Streamy Awards
Unicorn's Media-as-a-Service(TM) solution provides comprehensive video platform for ground-breaking event.
TEMPE, Ariz., April 8 -- Unicorn Media, Inc. has announced that they will provide their Media-as-a-Service(TM) solution to power both the live and video-on-demand (VOD) broadcast of the 2010 Streamy Awards, the first and most prestigious live, envelope-opening awards ceremony on the web, devoted to honoring excellence in original web programming and those who create it.
As the Media Services Partner for The Streamy Awards, Unicorn's video workflow solutions will provide fast and efficient media management tools to upload content, transcode at multiple bitrates and support 3rd party ad integration for monetization. Unicorn's customizable player supports live and VOD viewing, embed/share functionality and seamless integration with 3rd party services. For the Streamy's, Unicorn is integrating with PlyMedia for multiple language subtitling in support of a global viewing audience. Unicorn's dynamic media synchronization technology will also enable the management of live and VOD iPhone streaming. By leveraging Unicorn Media's adaptive streaming capabilities, The Streamy Awards will provide its global audience with a high-quality viewing experience - optimizing stream delivery through profiles that allow the player to adjust according to the viewers' unique network and hardware resources regardless of device.
In addition to a cost-effective, quality viewing experience, Unicorn Media will also provide The Streamy Awards team with real-time cloud analytics tools to give them access to key data points such as video reach, content consumption, domain, or geography - all within seconds of each ad hoc query. The Streamy Awards will have the unique ability to analyze content performance, end-user behavior, revenue generation, and delivery cost no matter where or when the popular award show is viewed. By providing actionable information, Unicorn Media customers are given the ability to make important business decisions, on-the-fly, improving revenue generation capabilities.
"As a live online entertainment property, our choice of media services partner is crucial to the success of the show," said Brady Brim-DeForest, executive producer of The Streamy Awards. "Unicorn Media's world-class expertise in content delivery and live broadcast ensure that The Streamy Awards will be delivered to its audience no matter how or where they're watching. Their flexible, robust platform has enabled us to deliver on our vision for the best possible viewing experience for the 2010 Streamy Awards."
"The Streamy's is a great showcase for the power of online broadcasting, and we are excited to be part of it. The viewer experience we can provide through our Media-as-a-Service(TM) solution gives The Streamy's audience a high-quality, front-row seat, and our analytics tools will give the producers valuable real-time insight into that audience for the first time," says Bill Rinehart, Chairman and CEO, Unicorn Media.
About Unicorn Media, Inc.
Unicorn Media, Inc. has developed groundbreaking video workflow solutions that change the way content owners deliver their media assets online. With a focus on publisher profitability, we lower the costs of video management and improve revenue generation capabilities through actionable real-time information. Our flexible Media-as-a-Service(TM) architecture enables Unicorn Media customers to choose the services that best suit their needs through our comprehensive video platform or by augmenting their existing system with any of our individual components. With real-time cloud analytics for understanding audiences and dynamic media synchronization for delivering content to any online destination or Internet-connected device, Unicorn Media has revolutionized the process for running a profitable online media property. Founded by Limelight Networks founding CEO, Bill Rinehart, and headquartered in Tempe, AZ, privately held Unicorn Media, Inc. has offices in Los Angeles, San Francisco, Chicago and London. For additional information, please visit: http://www.unicornmedia.com/
About The Streamy Awards
Presented by the International Academy of Web Television, The Streamy Awards recognize excellence in global web television programming for the broadband distribution across 35 creative categories, from acting and directing, to editing and special effects. Members of the International Academy of Web Television review shows submitted through a free, public submission process and vote on the final nominees and winners for each category. The Audience Choice Award for Best Web Television Series is selected by members of the public. Winners of the 2nd Annual Streamy Awards will be announced at the Streamy Awards Ceremony on April 11, 2010 at the Orpheum Theatre in Los Angeles. The Streamy Craft Award winners will be announced at a separate ceremony on April 7, 2010 at the Barnsdall Art Center in Hollywood. Founded in 2009, the Streamy Awards are co-hosted by a consortium of new media companies including Tubefilter News and NewTeeVee, and are produced by Tubefilter, Inc. For more information, visit http://www.streamys.org, follow @streamyawards on Twitter and become a fan at http://www.facebook.com/streamys.
Source: Unicorn Media, Inc.
CONTACT: Jane Gordon of Gordon Creative Associates, +1-602-541-5040, or
email@example.com, for Unicorn Media, Inc.
Conviva and Adobe Form Strategic Alliance to Further Enhance Viewer Experiences on the Flash Platform
Companies Collaborate to Improve Video Quality for Online Experiences
SAN MATEO and SAN JOSE, Calif., April 8 -- Conviva, Inc., an online video solutions provider, and Adobe Systems Incorporated (NASDAQ: ADBE), today announced that the two companies have entered into a strategic alliance to make it easier for content companies to deliver the highest quality online video experience to viewers worldwide. This first-of-its-kind integrated solution brings together the Adobe ® Flash® Platform with Conviva's intelligent streaming technology for scaleable, high definition live and on-demand content. As part of the alliance, both companies will collaborate to provide content owners with insights on viewer experiences, and optimize audience engagement to maximize their advertising costs for video. Using Conviva's media control platform, content providers that leverage the Adobe Flash Platform can measure audience trends in real time, and are able to set policies that proactively take action on precise traffic, viewing and video delivery patterns, thus driving the best possible online user experience.
Seventy-five percent of online videos worldwide are viewed using Adobe Flash technology, making it the number one format for viewing video on the web(1). By leveraging the real-time data that Conviva delivers on a global scale, content providers utilizing the Flash Platform can optimize the user's online viewing experience, as it relates to bandwidth constraints and resource fluctuations, for situations when a large number of online viewers are seeking popular content simultaneously.
"At Adobe, we are committed to developing solutions that empower our customers to deliver the most engaging online video experiences," said Doug Mack, vice president and general manager of Digital Imaging and Rich Media Solutions at Adobe. "Quality drives viewing time and revenue for media companies, so it is a top priority for us and for our customers. Our collaboration with Conviva enables media companies to gain instantaneous insights about online viewing and detect and respond to instances of poor video quality."
Adobe and Conviva's collaboration will enable content partners, online video platform partners and developers to take full advantage of real-time audience data processing to create new innovations leveraging the Flash Platform for online video delivery. The two companies have collaborated on a number of technical initiatives including video player integration and delivery platform protocol support. Both RTMP streaming and Adobe's new HTTP Dynamic Streaming format will be supported. In addition, Conviva will support Adobe's Open Source Media Framework (OSMF), an open software framework for building feature-rich video players based on the Adobe Flash platform, thereby allowing content owners the ability to immediately activate Conviva services.
"Conviva and Adobe are passionate about helping media and enterprise companies deliver the highest quality online video to their customers," said Darren Feher, president and CEO, Conviva. "We believe the combination of our solution with the Adobe Flash Platform will help drive greater viewer engagement by eliminating the frustration associated with video that rebuffers, stutters or is extremely choppy. Together, Adobe and Conviva can achieve our shared goal of making sure users enjoy the best video viewing experience possible."
(1) December 2009 data from independent research firm comScore.
About Adobe Flash Platform
The Adobe Flash Platform is the leading Web design and development platform for creating expressive applications, content, and video that run consistently across operating systems and devices and reach more than 98 percent of Internet-enabled desktops. Major broadcasters, gaming and media companies including Disney.com, MLB.com, DIRECTV and others rely on the Adobe Flash Platform for delivering video on the Web and the platform powers social network sites such as YouTube and MySpace. For more information about the Adobe Flash Platform including the Flash Media Server product line visit http://www.adobe.com/flashplatform.
About Adobe Systems Incorporated
Adobe revolutionizes how the world engages with ideas and information - anytime, anywhere and through any medium. For more information, visit http://www.adobe.com.
Conviva is transforming the online video experience by eliminating the causes of choppy, unpredictable viewing. Starting with real-time audience instrumentation, Conviva's intelligent video platform empowers content publishers by automating both dynamic bit rate adjustment and the management of multiple distribution networks to optimize the experience and cost of large scale video businesses. Great content brands rely on Conviva to deliver the best quality video without impacting their profit margins.
IBM Signs Six-Year IT Services Agreement with Nordea
STOCKHOLM, April 8 -- IBM (NYSE:IBM) and Nordea (Nasdaq OMX: NDA SEK), the leading bank in the Nordic region, today announced a new six-year IT services agreement that runs through 2015. The new agreement succeeds a 10-year contract signed in 2003.
IBM will provide a flexible solution that supports the overall strategic direction of the bank. The agreement covers -- with updates to the original agreement -- IT infrastructure and operations services for Nordea in the Nordic countries. This will include mainframes, mid-range servers, PCs, local area network and helpdesk services. The contract also enables utilization of new emerging technologies such as Cloud computing.
Under the agreement, Nordea will benefit from improved flexibility and transparency as well as enhanced, more resilient infrastructure. Nordea will also be able to further leverage IBM's global leadership in technology and innovation with access to IBM's rich assets across research, consulting, software, system integration and global delivery.
City of Ferndale Selects Elster's evolution(TM) Smart Metering Solution to Enhance Water Conservation and Customer Service
FERNDALE, Mich. and OCALA, Fla., April 8 -- The City of Ferndale, Michigan and Elster announced today that the City of Ferndale has selected Elster's evolution(TM) Fixed Network (evoNet(TM)) Advanced Metering Infrastructure system to support the city's water conservation measures.
The system-wide AMI implementation and meter upgrade also will include the installation of the innovative new Elster EvoQ4 solid state meter.
"Water conservation has become a critical issue for the entire nation," said Byron Photiades, Ferndale city manager. "Our new Elster evolution system will provide a more complete picture of water consumption, on an hourly basis, which should allow our customers to more efficiently manage their water consumption, and should improve our ability to quickly detect and enable repair of wasteful and expensive leaks in the system."
The evoNet AMI solution will be installed over an 18-month period. The city will replace nearly 10,000 meters on residential, commercial and some industrial accounts, and expects more accurate utility bills for its customer base.
The fixed network system, consisting of an array of evoGate(TM) Central Collectors, will be located strategically throughout the customer's water service area. These central collectors acquire meter readings and relay them on a daily schedule, or on demand, to a customer's office location.
The evoNet AMI system is a fully automated wireless two-way smart metering technology system that allows water utilities to attain on-demand readings, real-time leak detection and tampering or backflow notification. With the evoNet system, utilities can efficiently implement management tools to reduce costs, improve customer service and begin to monitor interval consumption patterns for water.
Ferndale plans to promote conservation through efficient water usage while protecting its revenue stream through its new EvoQ4 meters, which can measure a substantial range of water flow.
"The City of Ferndale has taken a leadership approach in managing its water resources and launching water conservation measures," said Thomas Gwynn, president of Elster AMCO Water. "Elster is looking forward to supporting the city as it implements this cutting edge initiative with our innovative evolution Smart Grid solution."
About the City of Ferndale
The City of Ferndale, centrally located in Southeast Michigan is a gateway to Oakland County. It is located between Eight Mile Road and I696 along Woodward Avenue with easy access to all interstates. The revitalized downtown continues to grow and contains a diverse mix of shops, restaurants, and businesses in a newly streetscaped setting. A number of Fortune 500 companies call Ferndale home. Ferndale is known for affordable, classic mid-west housing in cohesive neighborhoods and residents committed to community involvement. There's good reason why Ferndale's slogan is "Good Neighbors." Ferndale's citizenry get involved in the life of their City, and when constructive change is needed, residents work with elected officials and city staff to bring about change. Part of Oakland County's Mainstreet program, hundreds of residents serve voluntarily on city commissions, committees, and other organizations to help make Ferndale a better place to live.
Elster is one of the world's largest providers of electricity, gas and water meters and related communications, networking and software solutions, which are key components for enabling energy efficiency and conservation. Its products and solutions are widely used by customers in the manual-read meter and Smart Grid markets.
Elster has one of the most extensive installed meter bases in the world, with more than 200 million metering devices deployed over the course of the last 10 years. It sells its products and services in more than 130 countries across electricity, gas, water and multi-utility applications for both residential and commercial and industrial customers.
With a heritage of more than 170 years of providing metering solutions, Elster enjoys a reputation as a leading innovator and has played, and continues to play, an important role in shaping industry standards with respect to performance, reliability, accuracy and functionality.
Elster was acquired by funds advised by CVC Capital Partners in September 2005. In 2008, Elster generated revenues of euro 1.3 billion or $1.9 billion.
Located in Ocala, Florida, Elster AMCO Water is an industry leader in the development and implementation of innovative metering and system solutions and is committed to delivering superior customer service, quality products, solutions and services to the water utility industry.
CONTACT: John Bluth, Elster Corporate Communications, +1-919-250-5425,
firstname.lastname@example.org; or Byron Photiades, Director of Public Works of City of
Ferndale, +1-248-549-2869, email@example.com
- As the Number of Standards for Digital Television Grows, Developing
Terminals Becomes Increasingly Difficult for Manufacturers.
- Programmable Circuits Based on DiBcom's Octopus Platform Provide the
Solution, Especially in the USA, Where a New Standard is Introduced.
- NAB Show 2010
- Las Vegas, 12-15 April 2010
- TeamCast Stand SU6023
DiBcom, the market leader in dedicated components for mobile TV reception,
will be demonstrating its Octopus programmable platform at the NAB Show,
which runs from 12 to 15 April in Las Vegas.
As the United States launches into a new mobile television
venture with the ATSC M/H standard, a "mobile" derivative of the DTT standard
currently used in North America (ATSC), operators face the question of the
business model, just as they have with DVB-H in Europe. DiBcom has used its
experience to develop a flexible platform, called Octopus, which enables
manufacturers to enter the field at reduced risk.
The main problem encountered by mobile television around the
world is the requirement to invest in a network specifically for mobile
transmission. In the United States, the broadcasters think the investment is
worthwhile, as they just agreed to add supplementary transmission equipment
to the network, enabling their channels to be broadcast free to mobiles. The
ATSC-M/H standard makes it possible to upgrade traditional DTT transmitters
for "hybrid" fixed/mobile transmission.
The various standards around the world make the task of
developing terminals very complicated for manufacturers, as current solutions
require a different terminal to be developed for each standard. Leading
terminals such as the very latest "state-of-the-art" smartphones rarely have
an integrated TV tuner because of the fragmentation of standards across the
The revolutionary Octopus circuit offers manufacturers a
flexible solution enabling them develop a single hardware design to meet the
challenge of the proliferation of fixed and mobile TV standards. "Octopus" is
a versatile solution based on a programmable architecture targeting current
and emerging mobile TV standards, at the best price-performance ratio.
"By adding new standards to our Octopus platform, we can offer
our customers the prospect of reaching ever broader markets, meeting their
growth and globalisation needs," comments Yannick Levy, CEO of DiBcom.
At this year's NAB Show in Las Vegas, DiBcom will be
presenting the Octopus programmable platform on the TeamCast stand (SU6023).
DiBcom is at the heart of Mobile TV. As a fabless
semiconductor company that designs high-performance chipsets, DiBcom enables
low-power mobile TV everywhere. The company's solutions are used in
automotive, PC/peripheral, Set Top Boxes, and mobile phones. Its chipsets are
compliant with the current worldwide Digital Video Broadcast standards DVB-T,
DVB-SH, CMMB, DAB, T-DMB and ISDB-T.
Job Seekers Benefit from Redesigned Job Search Tools
JobsInTheUS, New England's #1 Job Board, puts Job Seekers first with a completely redesigned suite of Job Search Tools - and gives its websites a fresh, clean look.
WESTBROOK, Maine, April 8 -- The JobsInTheUS group of online job boards (JobsInME.com, JobsInNH.com, JobsInVT.com and JobsInRI.com) today released a completely redesigned suite of Job Search Tools that will energize site users' experience and deliver significantly better job search results to their many job seekers.
JobsIntheUS has taken a "job seeker first" approach to its site improvements, putting its redesign efforts into the single most important feature to job seekers - how to easily search for and find the jobs they want.
"Improving the tools with which job seekers search for jobs on our websites is all about enabling job seekers to more easily connect with employers and find the jobs they want," said Sam Eddy, General Manager for JobsInTheUS. "Our core mission is, and always has been, to help Job Seekers be successful in their search for jobs."
JobsInTheUS' redesigned suite of Job Search Tools puts customizable job searching tools literally at the fingertips of job seekers while benefiting employers by enabling their jobs to be found more easily. Eddy emphasized that, "In this economy, especially, we know how important it is for job seekers not to miss a single opportunity."
Eddy added, "Our message of 'real, quality, local jobs' has never been more appropriate as we work with our employers to help them post quality jobs and with our job seekers to help them find the jobs they want."
With these improvements website users can expect:
-- A redesigned Search Bar at the top of every page that allows users to
quickly search for jobs from anywhere on the websites.
-- Exciting, easy-to-use advanced search features that enable job seekers
to customize their job searches for great results.
-- Instructional "help" videos and concise search help that make the
learning process fast and easy and help job seekers get started fast
on their job search.
-- A fresh, clean homepage with two distinct paths, one for job seekers
and one for employers.
"We are very proud of our new look. The new design, with its powerful new Search Tools and easy navigation support our primary goal - to help job seekers and employers connect," said Eddy.
JobsInTheUS has been operating state-specific job websites since 1999 and remains at the forefront of the job board industry through design innovation, fresh marketing techniques and "there-when-you-need-us" customer service.
CONTACT: Sam Eddy, firstname.lastname@example.org, +1-877-374-1088 ext 2015
Visible Measures Announces Support for HTML5 Video Measurement
New measurement capability extends consistent video content and advertising performance metrics to video consumed on next-generation mobile devices
BOSTON, April 8 -- Visible Measures, the independent third-party measurement firm for Internet video publishers, advertisers, and viral marketers, today announced support for HTML5 video measurement, extending its industry-leading online video performance metrics to provide coverage of video content and ads consumed on next-generation mobile devices, including the Apple® iPad, iPhone®, and iPod® Touch. This first-of-its-kind capability allows digital video publishers and advertisers to receive consistent, standards-compliant video performance metrics regardless of where, or in what format, their video is consumed.
"As our clients look to reach consumers wherever they consume digital video content, HTML5 has become an increasingly important video delivery environment," said Brian Shin, founder and CEO of Visible Measures. "Our mission is to provide today's most innovative video publishers and brand advertisers with comprehensive, actionable performance metrics so they can make digital video investments with confidence. Today we are excited to add HTML5 video measurement alongside our existing measurement capabilities supporting Adobe's dominant Flash technology, Microsoft's emerging Silverlight format, and others."
Visible Measures customers who deploy video content and advertising via HTML5 can now receive the company's complete portfolio of directly measured video performance metrics, including reach, audience engagement, ad performance, content distribution, geolocation, viewer demographics, and more. The patented Visible Measures platform collects data on an anonymous, aggregated basis while providing detailed visibility into audience, content, and ad campaign performance.
"As devices for consuming digital video become more ingrained in the lives of consumers, our industry continues to provide publishers, advertisers, and device-makers with open standards that fuel adoption and innovation," said Bismarck Lepe, co-founder and president of products at Ooyala, a leader in online video publishing and monetization. "Since media buyers depend on third-party metrics providers like Visible Measures to assess ad performance, publishers can now confidently deploy content via HTML5 video knowing that they can continue to deliver consistent, independent performance metrics to their advertiser clients."
"Publishers and advertisers are rapidly embracing HTML5 video experiences to reach valuable audiences on hot new devices such as the Apple iPad," said Jeff Whatcott, senior vice president of marketing at Brightcove, a cloud-based online video platform. "Customers can't realize the business results they are hoping for without consistent performance metrics across their Adobe Flash and HTML5 video experiences, and both Brightcove and Visible Measures share a vision and a passion for making this possible."
Visible Measures is the independent third-party measurement firm for Internet video publishers, advertisers, and viral marketers. The company's patented approach has been designed from the ground up to meet the unique challenges of measuring Internet video reach and engagement. Visible Measures provides its customers and partners with unprecedented visibility into their online video audiences and how they engage with both content assets and advertising placements. Visible Measures is a member of the Interactive Advertising Bureau's (IAB) Digital Video Committee and the Advertising Research Foundation (ARF). To learn more about Visible Measures and explore its industry-wide data for viral video ads, online film trailers, webisodes, automotive, and more, please visit http://www.visiblemeasures.com/.
Source: Visible Measures Corp.
CONTACT: Matt Fiorentino of Visible Measures, +1-617-482-0222,
Global Crossing Reports GCUK's Fourth Quarter and Full Year 2009 Results
LONDON, April 8, 2010--
Global Crossing Limited (Nasdaq: GLBC), a leading global IP solutions
provider, today announced fourth quarter and full year 2009 financial results
for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK).
GCUK generated 78 million pounds of revenue in the fourth quarter and
Operating Income Before Depreciation and Amortization (OIBDA) of 16 million
pounds. (OIBDA is a non-GAAP measure defined and reconciled below.) The
company also reported cash generated from operations of 29 million pounds
before interest payments of 15 million pounds.
"Despite a challenging economic environment, we observed healthy demand
for our robust suite of IP-based services in GCUK," said John Legere, Global
Crossing's chief executive officer. "We see an opportunity to grow the
business and further diversify our customer base in 2010, supported by an
augmented sales force, our continued investment in the products and services
demanded by the marketplace, and our recognized ability to provide a
differentiated customer experience."
Fourth Quarter Results
The results discussed below are prepared in accordance with International
Financial Reporting Standards and presented in U.S. Generally Accepted
Accounting Principles (U.S. GAAP) format. GCUK generated revenue of 78
million pounds, a sequential increase of 3 million pounds, or 4 percent, and
a year-over-year decrease of 4 million pounds, or 4 percent. The sequential
increase in revenue was primarily due to increased sales in the company's
"invest and grow" business - that part of the business focused on serving
enterprise, carrier and government customers excluding wholesale voice -
including an increase in non-recurring fees. The year-over-year decline in
revenue was primarily due to the completion of the Camelot contract in
December 2008, partially offset by growth in other "invest and grow" revenue.
Gross margin was 27 million pounds for the quarter, a 4 million pound
decrease sequentially and year over year. Sequentially, gross margin was
unfavorably impacted by benefits in the third quarter from a 4 million pound
favorable regulatory ruling related to access costs paid in periods prior to
2009 and a 2 million pound non-recurring reduction in property tax charges.
The unfavorable sequential impact of these items was partially offset by
increased revenue. The year-over-year decline in gross margin was principally
due to lower revenue.
Sales, general and administrative expenses (SG&A) were 11 million pounds
for the quarter, compared with 10 million pounds in the prior quarter and 14
million pounds in the fourth quarter of 2008. The year-over-year variance was
primarily due to a decrease in allocated corporate overhead costs.
GCUK's OIBDA for the fourth quarter was 16 million pounds, compared with
20 million pounds in the third quarter of 2009 and 16 million pounds in the
fourth quarter of 2008. The sequential decrease in OIBDA was primarily due to
the non-recurring items benefitting gross margin in the third quarter. Year
over year, lower gross margin was offset by a decrease in allocated corporate
GCUK recorded a net loss of 2 million pounds for the fourth quarter,
compared with a net loss of 2 million pounds in the third quarter of 2009 and
a net loss of 25 million pounds in the fourth quarter of 2008. The
year-over-year decrease in net loss was primarily due to an unfavorable
foreign exchange impact on net U.S. dollar-denominated debt in the year-ago
Full Year Results
GCUK generated revenue of 309 million pounds in 2009, compared with 323
million pounds for 2008. The year-over-year decline in revenue was primarily
due to the completion of the Camelot contract, which was partially offset by
increases in other "invest and grow" revenue.
Gross margin for 2009 was 106 million pounds, or 34 percent of revenue,
compared with the prior year in which gross margin was 119 million pounds, or
37 percent of revenue. The year-over-year decline in gross margin was
principally due to lower revenue as described above and higher cost of
equipment and professional services costs. These movements were somewhat
offset by lower cost of access and third party maintenance costs.
SG&A was 40 million pounds for the year, compared with 43 million pounds
in the prior year. The year-over-year variance was primarily due to a
decrease in allocated corporate overhead costs.
GCUK's OIBDA for 2009 was 66 million pounds, compared with 76 million
pounds in 2008. The year-over-year decline in OIBDA was principally due to
lower gross margin due to the factors described above, partially offset by a
decrease in allocated corporate overhead costs.
GCUK recorded net income of 5 million pounds for 2009, compared with a
net loss of 30 million pounds in 2008. The year-over-year improvement was
primarily due to an unfavorable foreign exchange impact on net U.S.
dollar-denominated debt in the prior year.
Cash and Liquidity
As of December 31, 2009, GCUK had cash and cash equivalents of 37 million
pounds compared with 26 million pounds at the end of September 30, 2009, and
36 million pounds at the end of December 31, 2008.
GCUK's cash and cash equivalents increased 11 million pounds in the
fourth quarter. Net cash from operating activities during the fourth quarter
totaled 14 million pounds, including cash flow from operating working capital
of 13 million pounds and interest payments of 15 million pounds. During the
quarter, GCUK recorded purchases of property, plant and equipment of 3
million pounds, principal payments on finance leases and other debt of 4
million pounds and proceeds from refinancing a capital lease of 4 million
GCUK's cash and cash equivalents increased by 1 million pounds during
2009. Net cash from operating activities during 2009 totaled 18 million
pounds, including operating working capital use of 9 million pounds and
interest payments of 32 million pounds. During 2009, GCUK recorded purchases
of property, plant and equipment of 12 million pounds, principal payments on
finance leases and other debt of 12 million pounds and proceeds from
refinancing a capital lease of 4 million pounds.
During the year, the company also repurchased 7 million pounds of the
Senior Secured Notes, excluding accrued interest. To support this debt
repurchase and other working capital needs, GCUK borrowed 15 million dollars
(approximately 10 million pounds) from GC Impsat.
International Financial Reporting Standards
GCUK's results reported here include audited consolidated financial
results for the year ended December 31, 2008; unaudited consolidated
financial results for the year ended December 31, 2009 and the three months
ended December 31, 2009, September 30, 2009 and December 31, 2008; unaudited
consolidated balance sheet as of December 31, 2009; and audited consolidated
balance sheet as of December 31, 2008, all in accordance with IFRS, as
published by the International Accounting Standards Board (IASB). GCUK's
fourth quarter 2009 and 2008 and third quarter of 2009 results, as well as
those for the full years 2009 and 2008, were included in Global Crossing's
consolidated results previously reported on February 16, 2010, in accordance
with U.S. GAAP and in U.S. dollars.
Non-GAAP Financial Measures
Consistent with the U.S. Securities and Exchange Commission's (SEC's)
Regulation G, the attached tables include a definition of OIBDA, as well as a
reconciliation of such measure to the most directly comparable financial
measure calculated in accordance with IFRS and presented in the US GAAP
Management has scheduled a conference call for Thursday, April 8, 2010,
at 9:00 a.m. EDT/2:00 p.m. BST to discuss GCUK's financial results. The call
may be accessed by dialing +1-212-231-2911 or +44(0)20-8196-2883. Callers
are advised to dial in 15 minutes prior to the 9:00 a.m. EDT start time. The
call will also be Webcast at http://investors.globalcrossing.com/results.cfm.
A replay of the call will be available on Thursday, April 8, 2010,
beginning at 11:00 a.m. EDT/4:00 p.m. BST and will be accessible until
Thursday, April 15, 2010, at 11:00 a.m. EDT/4:00 p.m. BST. To access the
replay, dial +1-402-977-9140 or +1-800-633-8284 and enter reservation number
21463689. UK callers may access the replay by dialing +44(0)87-0000-3081 or
(0)-80-0692-0831 and entering reservation number 21463689.
ABOUT GLOBAL CROSSING (UK) TELECOMMUNICATIONS LIMITED.
Global Crossing UK Telecommunications Limited provides a full range of
managed telecommunications services in a secure environment ideally suited
for IP-based business applications. The company provides managed voice, data,
Internet and e-commerce solutions to a strong and established commercial
customer base, including more than 100 UK government departments, as well as
systems integrators, rail sector customers and major corporate clients. In
addition, Global Crossing UK provides carrier services to national and
international communications service providers.
ABOUT GLOBAL CROSSING
Global Crossing (Nasdaq: GLBC) is a leading global IP and Ethernet
solutions provider with the world's first integrated global IP-based network.
The company offers a full range of data, voice and collaboration services
with an industry leading customer experience to approximately 40 percent of
the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It
delivers converged IP services to more than 700 cities in more than 70
countries around the globe.
Website Access to Company Information
Global Crossing maintains a corporate website at http://www.globalcrossing.com, and you can find additional information about
the company through the Investors pages on that website at http://investors.globalcrossing.com. Global Crossing utilizes its website as
a channel of distribution of important information about the company. Global
Crossing routinely posts financial and other important information regarding
the company and its business, financial condition and operations on the
Investors web pages.
Visitors to the Investors web pages can view and print copies of Global
Crossing's SEC filings, including periodic and current reports on Forms 10-K,
10-Q, 8-K, and in respect of GCUK's Forms 20-F and 6-K, as soon as reasonably
practicable after those filings are made with the SEC. Copies of the charters
for each of the standing committees of Global Crossing's Board of Directors,
its Corporate Governance Guidelines, Ethics Policy, press releases and
analysts presentations are all available through the Investors web pages.
Please note that the information contained on any of Global Crossing's
websites is not incorporated by reference in, or considered to be a part of,
any document unless expressly incorporated by reference therein.
This press release contains statements about expected future events and
financial results that are forward-looking and subject to risks and
uncertainties that could cause the actual results to differ materially,
including: the impact on the business of current global economic conditions
and the tightening in global credit markets; increased competition and
pricing pressures resulting from technology advances and regulatory changes;
competitive disadvantages relative to competitors with superior resources;
the impact on the business of an economic downturn or recession; dependence
on a number of key personnel; the concentration of revenue in a limited
number of customers, and the rights of such customers to terminate their
contracts or to simply cease purchasing services thereunder; the influence of
the company's parent, and possible conflicts of interest of the parent or of
certain of GCUK's directors and officers; our ability to raise capital
through financing activities; exposure to contingent liabilities; and other
risks referenced from time to time in GCUK's filings with the Securities and
Exchange Commission. Global Crossing undertakes no duty to update information
contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Consolidated Statements of Financial Position
Results below are in pounds sterling in thousands
December 31, December 31,
Intangible assets, net 11,417 11,955
Property, plant and equipment, net 157,526 179,544
Investment in associate 210 178
Retirement benefit asset 468 1,020
Trade and other receivables 33,230 37,006
Trade and other receivables 58,125 56,276
Derivative financial instrument - 2,787
Cash and cash equivalents 37,331 36,100
Total assets 298,307 324,866
======= ====== Current liabilities
Trade and other payables (81,085) (81,909)
Senior secured notes (11,819) (7,382)
Deferred revenue (37,313) (38,751)
Provisions (1,281) (1,590)
Obligations under finance leases (7,310) (10,182)
Other debt obligations (285) (740)
Trade and other payables (10,830) (335)
Senior secured notes (255,496) (279,546)
Deferred revenue (90,326) (100,694)
Retirement benefit obligation (2,551) (2,880)
Provisions (2,211) (3,786)
Obligations under finance leases (12,262) (14,043)
Other debt obligations (9) (240)
Total liabilities (512,778) (542,078)
Net liabilities (214,471) (217,212)
Capital and reserves
Equity share capital (101,000 shares
outstanding at 1 pound each) 101 101
Capital reserve 31,271 30,504
Hedging reserve - 2,694
Accumulated deficit (245,843) (250,511)
Total equity (214,471) (217,212)
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Consolidated Statements of Operations
Results below are in pounds sterling in thousands
Three months ended
IFRS in IFRS December 31, September 30, December 31,
Reporting Format 2009 2009 2008
------------ ------------- -----------------
(unaudited) (unaudited) (unaudited)
Finance revenue 4,924 4,436
Finance charges (34,311) (34,422)
(loss) on foreign
borrowings, net 11,009 (28,374)
before tax 5,266 (29,413)
Tax charge (598) (432)
the period 4,668 (29,845)
Three months ended
IFRS in U.S. GAAP ------------------
Reporting Format December 31, September 30, December 31,
2009 2009 2008
----------- ------------ ------------
(unaudited) (unaudited) (unaudited)
REVENUES 78,126 74,841 81,647
Cost of revenue (excluding
Cost of access (23,966) (20,780) (26,058)
Real estate, network and
Operations (11,387) (10,144) (11,568)
Third party maintenance (3,094) (3,417) (3,681)
Cost of equipment and
other sales (13,140) (10,295) (9,954)
------- ------- -------
Total cost of revenue (51,587) (44,636) (51,261)
------- ------- -------
Gross margin 26,539 30,205 30,386
Selling, general and
administrative (10,679) (9,861) (14,143)
Depreciation and amortization (10,657) (10,742) (11,393)
------- ------- -------
OPERATING INCOME 5,203 9,602 4,850
OTHER INCOME (EXPENSE)
Interest expense, net (7,512) (7,047) (7,201)
Other income (expense), net 896 (4,035) (22,761)
------- ------- -------
(LOSS) BEFORE PROVISION
FOR INCOME TAXES (1,413) (1,480) (25,112)
Provision for income taxes (149) (89) (142)
------- ------- -------
NET (LOSS) (1,562) (1,569) (25,254)
======= ======= ======
IFRS in U.S. GAAP
Reporting Format December 31, December 31,
REVENUES 308,864 322,832
Cost of revenue (excluding
depreciation and amortization
shown separately below)
Cost of access (94,731) (101,092)
Real estate, network and
operations (49,389) (49,409)
Third party maintenance (13,875) (16,577)
Cost of equipment and other sales (44,966) (36,866)
Total cost of revenue (202,961) (203,944)
Gross margin 105,903 118,888
Selling, general and administrative (39,983) (42,937)
Depreciation and amortization (43,124) (44,699)
OPERATING INCOME 22,796 31,252
OTHER INCOME (EXPENSE)
Interest expense, net (29,387) (29,986)
Other income (expense), net 11,857 (30,679)
INCOME (LOSS) BEFORE PROVISION
FOR INCOME TAXES 5,266 (29,413)
Provision for income taxes (598) (432)
NET INCOME (LOSS) 4,668 (29,845)
Note: The classification differences between reporting under IFRS and
U.S. GAAP reporting format are as follows:
Cost of sales:
Under IFRS reporting format, the company includes cost of access, third
party maintenance, customer-specific costs and depreciation on network assets
within cost of sales.
Cost of revenue:
Under U.S. GAAP reporting format, the company includes cost of access,
real estate, network and operations, third party maintenance and cost of
equipment and other sales within cost of revenue.
Foreign currency gains and losses:
Under IFRS reporting format, the company includes foreign currency
gains and losses within operating profit, except for those related to the
senior secured notes and loans from and to related parties, which are
included in net foreign exchange gain/(loss) on foreign currency
borrowings, net. Under U.S. GAAP reporting format, all foreign exchange gains
and losses are included in other income (expense), net.
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Consolidated Statements of Cash Flows
Results below are in pounds sterling in thousands
For the year ended
December 31, December 31,
Profit/(loss) for the period 4,668 (29,845)
Finance costs, net 18,378 58,360
Income tax charges 598 432
Depreciation of property, plant and equipment 35,256 35,466
Amortization of intangible assets 1,803 2,201
Amortization of prepaid connection costs 8,637 9,588
Share based payment expense 767 2,856
Gain on disposal of property, plant and
equipment (19) (11)
Equity (income)/loss for associate (32) 22
Change in provisions (2,098) (1,181)
Change in operating working capital (9,111) 605
Change in other assets and liabilities (8,294) (4,562)
Net cash provided by operating activities 18,345 40,869
Interest received 1,230 4,438
Proceeds from disposal of property, plant and
equipment 58 12
Purchase of property, plant and equipment (12,000) (21,860)
Net cash used in investing activities (10,712) (17,410)
Loans provided by group companies 9,908 -
Repayment of senior secured notes (7,382) (1,158)
Repayment of employee taxes on share-based
payments (1,047) -
Proceeds from sale/leaseback 4,455 -
Repayments of capital elements under finance
leases (11,649) (10,108)
Proceeds from debt obligations - 474
Repayment of capital element of other debt
obligations (687) (521)
Net cash used in financing activities (6,402) (11,313)
Net increase in cash and cash equivalents 1,231 12,146
Cash and cash equivalents at beginning of
period 36,100 23,954
Cash and cash equivalents at end of period 37,331 36,100
======= ====== Non-cash investing activities:
Capital lease and debt obligations incurred 2,542 4,917
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Summary of Consolidated Revenues
Results below are in pounds sterling in thousands
Three months ended
December 31, September 30, December 31,
2009 2009 2008
---------------- ---------------- ----------------
(unaudited) (unaudited) (unaudited)
sales channels 76,618 73,379 79,674
Carrier voice 1,383 1,337 1,848
------ ------ ------
customers 78,001 74,716 81,522
Revenues from Global
companies 125 125 125
------ ------ ------
Consolidated revenues 78,126 74,841 81,647
====== ====== =====
December 31, December 31,
data and indirect
sales channels 301,924 316,222
Carrier voice 6,440 6,110
Revenues from third
party customers 308,364 322,332
Revenues from Global
Crossing group companies 500 500
Consolidated revenues 308,864 322,832
Global Crossing (UK) Telecommunications Limited and Subsidiaries
Reconciliation of OIBDA to Net (Loss) Income
Results below are in pounds sterling in thousands
Pursuant to the SEC's Regulation G, the following table provides a
reconciliation of OIBDA, which is considered a non-GAAP financial
measure, to net (loss) income under U.S. GAAP reporting format.
OIBDA is defined as operating income before depreciation and
amortization, based upon our IFRS results in U.S. GAAP reporting format
consolidated statements of operations. OIBDA differs from operating income,
in that it excludes depreciation and amortization. Such excluded expenses
primarily reflect the non-cash impacts of historical capital investments, as
opposed to the cash impacts of capital expenditures made in recent periods.
In addition, OIBDA does not give effect to cash used for debt service
requirements and thus does not reflect available funds for reinvestment,
distributions or other discretionary uses.
Management uses OIBDA as an important part of our internal reporting and
planning processes and as a key measure to evaluate profitability and
operating performance, make comparisons between periods, and to make
resource allocation decisions. Management believes that the investment
community uses similar performance measures to compare performance of
competitors in our industry.
There are material limitations to using non-GAAP financial measures. Our
calculation of OIBDA may differ from similarly titled measures used by
other companies, and may not be comparable to those other measures.
Additionally, OIBDA does not include certain significant items such as
depreciation and amortization, interest income, interest expense, income
taxes and other non-operating income or expense items. OIBDA should be
considered in addition to, and not as a substitute for, other measures of
financial performance reported in accordance with GAAP.
Management believes that OIBDA is useful to our investors as it is a
relevant indicator of operating performance, especially in a capital-
intensive industry such as telecommunications. OIBDA provides investors
with an indication of the underlying performance of our everyday business
operations. It excludes the effect of items associated with our
capitalization and tax structures, such as interest income, interest
expense and income taxes, and of other items not associated with our
Three months ended
December September December
31, 2009 30, 2009 31, 2008
--------- ---------- ---------
(unaudited) (unaudited) (unaudited)
OIBDA 15,860 20,344 16,243
amortization (10,657) (10,742) (11,393)
------- ------- -------
Operating income 5,203 9,602 4,850
Interest expense, net (7,512) (7,047) (7,201)
(expense), net 896 (4,035) (22,761)
Provision for income
taxes (149) (89) (142)
------- ------- --------
Net (loss) income (1,562) (1,569) (25,254)
======= ======= =======
December 31, 2009 December 31, 2008
OIBDA 65,920 75,951
Depreciation and amortization (43,124) (44,699)
Operating income 22,796 31,252
Interest expense, net (29,387) (29,986)
Other income (expense), net 11,857 (30,679)
Provision for income taxes (598) (432)
Net (loss) income 4,668 (29,845)
Source: Global Crossing
Press Contact , Michael Schneider, +1-973-937-0146, Michael.Schneider@globalcrossing.com, or Analysts/Investors Contacts, Mark Gottlieb, +1-800-836-0342, email@example.com, or Gino Mathew, United Kingdom , +1-973-937-0133, firstname.lastname@example.org
Isilon and Front Porch Collaborate to Accelerate Digital Media
New Partnership Delivers Unified Content Management Solution for Entire Digital Media Workflow, Speeding Time-to-Air while Decreasing Operational Expenses
SEATTLE, April 8 -- Isilon® Systems (NASDAQ:ISLN) today announced that it has joined with Front Porch Digital, the global leader in content storage management, to deliver a unified content management solution for every stage of the digital media workflow including, ingest, transcoding, encoding, editing and archive. By combining Isilon scale-out NAS with Front Porch Digital's DIVArchive CSM solution, broadcasters can unify their digital media onto a single, highly scalable, high-performance, shared pool of storage, streamlining content access at every point in its lifecycle to accelerate time-to-air. Using Isilon IQ with DIVArchive enables broadcasters to eliminate disparate content silos and complex system management, increasing productivity, while reducing operating costs.
"In today's evolving media landscape, a wide variety of new delivery mediums are providing broadcasters an unprecedented opportunity to monetize their content and grow their audience," said Dave Polyard, senior vice president strategic sales, Front Porch Digital. "The performance that Isilon products bring to the table, combined with DIVArchive, can help facilitate a multi-modal distribution model and also help eliminate issues related to stranded and displaced content. By combining Isilon scale-out NAS and Front Porch Digital DIVArchive CSM, broadcasters can unify their media assets, cut costs and maximize the value of their content."
Front Porch Digital's DIVArchive manages, moves and secures digital media content throughout its lifecycle, from ingest to archive. When combined with Isilon IQ featuring Isilon's OneFS® operating system software, DIVArchive creates a single, shared storage resource that can scale performance and capacity on-demand, eliminating disparate content silos to streamline data access and accelerate time-to-air. By enabling servers, editing systems and other workflow applications to work together, DIVArchive with Isilon IQ provides a unified content management solution that significantly reduces system management and resource demands, enabling broadcasters to be more productive at less cost.
"Today's leading broadcasters must deliver content on-demand, so they need storage that can deliver performance and capacity in kind," said Leonard Iventosch, vice president of global channels and OEM, Isilon Systems. "By working with Front Porch Digital to combine DIVArchive with Isilon scale-out NAS, we're providing broadcasters with a single content management solution for the entire digital media workflow, enabling them to deliver more content in less time and maximize their revenue opportunity."
Isilon and Front Porch Digital will both be exhibiting at the National Association of Broadcasters (NAB) Show taking place at the Las Vegas Convention Center in Las Vegas, NV, April 10-15. Isilon's booth is number SL4105 and Front Porch's booth is number N5806.
About Front Porch Digital
Front Porch Digital is the global leader in solutions for migrating, managing, and monetizing media content. Front Porch Digital's SAMMA product line performs accelerated migration of media content from vulnerable analog videotape to secure and readily accessible digital storage. Protected by three U.S. patents, the company's DIVArchive content storage management (CSM) solution creates a unified system of digital storage from ingest to archive that is distinguished for superior functionality, scalability, performance and customer satisfaction. In DIVAsolo, Front Porch Digital has combined the two technologies to form a cost-effective, end-to-end system for preserving, managing, and repurposing media content. More information is available at http://www.fpdigital.com
About Isilon Systems
Isilon Systems (NASDAQ:ISLN) is the proven leader in scale-out NAS. Isilon's clustered storage and data management solutions drive unique business value for customers by maximizing the performance of their mission-critical applications, workflows, and processes. Isilon enables enterprises and research organizations worldwide to manage large and rapidly growing amounts of file-based data in a highly scalable, easy-to-manage, and cost-effective way. Information about Isilon can be found at http://www.isilon.com/.
The names of companies mentioned herein are the trademarks of their respective owners.
Source: Isilon Systems
CONTACT: Lucas Welch of Isilon Systems, +1-206-315-7621,
email@example.com; or James McIntyre of McClenahan Bruer,
+1-503-546-1016, firstname.lastname@example.org, for Isilon Systems
EF Johnson Technologies, Inc. Obtains Two Additional Orders Totaling $6.7 Million from a State Transportation Department
Company's Project 25 compliant mobile radios added to this state department's fleet
IRVING, Texas, April 8 -- EF Johnson Technologies, Inc. (NASDAQ:EFJI) announced today that it has received two additional orders, one valued at $1.8 million and one valued at $4.9 million, from a state transportation department. The orders were placed under a multi-year, state contract vehicle and call for the Company to provide its ES Series of Project 25 compliant mobile radios and accessories. These orders are in addition to the $3.4 million order from this customer announced by the Company in March for the Company's ES Series of Project 25 compliant portable radios and accessories.
"These orders further illustrate the strength of our relationship with this state department," said Michael Jalbert, president and chief executive officer of EF Johnson Technologies, Inc. "Both our ES Series portable and mobile radios have been added to the fleet, and we look forward to continuing to offer Project 25 compliant interoperable products to this customer. Features of our ES Series radios include: Project 25 trunked and conventional operation, interoperability with SMARTNET®/SmartZone®, solid construction, and compliance with military specifications for extreme temperatures, vibration, and shock," Jalbert added.
About EF Johnson Technologies, Inc.
Headquartered in Irving, Texas, EF Johnson Technologies, Inc. focuses on innovating, developing and marketing the highest quality secure communications solutions to organizations whose mission is to protect and save lives. The Company's customers include first responders in public safety and public service, the federal government, and industrial organizations. The Company's products are marketed under the EFJohnson, 3e Technologies International, and Transcrypt International names and are Made in America. For more information, visit http://www.efjohnsontechnologies.com/.
Certain matters discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause the actual results, performance or achievements to differ materially from those expressed, suggested or implied by the forward-looking statements due to a number of risk factors including, but not limited to, our ability to repay our bank debt when due, continued access to bank lines of credit, the timing and receipt of orders, the level of demand for the Company's products and services, dependence on continued funding of governmental agency programs, reliance on contract manufacturers, the timely procurement of necessary manufacturing components, software feature development and the implementation of application software, successful integration of the system components, general economic and business conditions, and other risks detailed in the Company's reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the period ended December 31, 2009 and in the Company's subsequent filings with the SEC. These forward-looking statements are made as of the date of this press release and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
Source: EF Johnson Technologies, Inc.
CONTACT: Jana Ahlfinger Bell, +1-972-819-0700, email@example.com, or Timi
Jackson, +1-972-819-2336, firstname.lastname@example.org, both of EF Johnson Technologies,
- Facebook-Connected Adaptation of #1 Puzzle Game Features
High-Res Full-Screen Play, 48 New Achievements and 1 Million Coins
for In-Game "Boosts"
PopCap Games, maker of some of the world's most popular video games,
today announced that Bejeweled(R) Blitz, the 1-minute social adaptation of
its mega-hit franchise Bejeweled for the Facebook(R) platform, is now
available as a downloadable game for Windows-based PCs. Carrying a suggested
retail price of US$19.95 and available exclusively at http://www.popcap.com/bejeweledblitz/, Bejeweled Blitz PC offers a range of
enhancements to, and advantages over, the free Facebook game, including
full-screen play, dramatically enhanced sound and graphics, dozens of new
achievements and corresponding badges and 1 million coins redeemable for
"Blitz Boosts" - power-ups and other score-stimulating effects.
"Bejeweled Blitz is 10 years of the most popular puzzle game of the
century packed into a minute-long experience," said Jason Kapalka, co-founder
and chief creative officer at PopCap Games. "It's the purest form of
Bejeweled that we've ever concocted, factoring in everything PopCap has
learned from a decade of development and feedback from millions of fans. By
adding social and competitive elements and a time limit, we've distilled
Bejeweled down to its essence with Bejeweled Blitz, and the new PC
downloadable version makes the game available in the largest, most vibrant
form factor yet by far. For some players this could be the version that takes
their Bejeweled Blitz game to new heights."
In the new Bejeweled Blitz PC, players can connect Facebook from the
game's main menu and play the game from their PC without having to open a Web
browser. High scores and corresponding star medals can be published to
players' Facebook pages when they are logged in to Facebook.
Bejeweled Blitz, already available for Web and as an update to Bejeweled
2 on iPhone, has grown dramatically since its original launch on Facebook a
year ago, now attracting roughly 11 million active users each month and more
than 25 million users overall. Even more amazing, about 3.5 million unique
users play Bejeweled Blitz every day, playing more than 100 million sessions
per day and destroying half a billion gems per hour!
PopCap Games (http://www.popcap.com) is the leading multi-platform
provider of fun, easy-to-learn, captivating video games that appeal to
everyone from age 6 to 106. Based in Seattle, Washington, PopCap was founded
in 2000 and has a worldwide staff of over 260 people in Seattle, San
Francisco, Chicago, Vancouver, B.C., Dublin, and Shanghai. Its games have
been downloaded more than 1 billion times by consumers worldwide, and its
flagship title, Bejeweled(R), has sold more than 50 million units across all
platforms. Constantly acclaimed by consumers and critics, PopCap's games are
played on the Web, social platforms, desktop computers, myriad mobile devices
(cell phones, smartphones, PDAs, Pocket PCs, iPod, iPhone, iPad and more),
popular game consoles (such as Xbox and DS), and in-flight entertainment
systems. PopCap is the only "casual games" developer with leading market
share across all major sales channels, including social, Web portals, retail
stores, mobile phones, MP3 players and game devices.
The PopCap logo and all other trademarks used herein that are listed at http://www.popcap.com/trademarks are owned by PopCap Games, Inc. or its licensors
and may be registered in some countries. Facebook(R) is a registered
trademark of Facebook Inc. Other company and product names used herein may be
trademarks of their respective owners and are used for the benefit of those
Source: PopCap Games International
PR Contact: Ember Wardrop, email@example.com, +353-1-646-8164
Latest phase of strategic plan promotes healthy development of online video copyright market
BEIJING, April 8 -- Youku, China's leading Internet video platform, today released its Partnership Plan 3.0, a strategic map aimed at rationalizing and developing a healthy online copyright market for China.
More than 200 representatives from government agencies, industry associations, traditional media outlets, production houses, distributors, and other video sites attended the event marking the unveiling of the latest phase of Youku's partnership strategy.
The plan highlighted achievements in the Partnership Plan so far. Domestically, Youku has already invested over 100 million renminbi in domestic copyright licensing, and has obtained 80 percent of available licenses for domestic television series. Youku has licensed more than 10,000 episodes in 2010.
Partnership Plan 1.0 was launched on June 11, 2008, and sealed licensing deals with over 100 offline media partners. November 11 of that same year saw the launch of Partnership Plan 2.0, which resulted in strategic partnerships with over 300 media outlets and 1500 separate production studios involved in producing television dramas.
In the course of three years, Youku has established strategic partnerships for licensing and/or content production with 43 domestic television stations. Youku has effectively created an on-demand Internet television that covers 108 popular entertainment programs.
Youku has also increasingly become the online partner of choice for entertainment industry players, from studios to agencies to stars, who have set up Official Channels on Youku to interact directly with fans.
Youku also announced it has reached an agreement with the South Korean television station SBS to license all TV series produced by the network, as well as any produced in the coming three years. Roughly 200 series, with more than 6000 total episodes, fall under the deal. The deal makes Youku China's largest platform for Korean television shows, which are enormously popular with China's online video viewers.
In addition to the partnership with SBS, Youku has also established strategic partnerships with other major Korean stations, including KBS and MBC. Between them, these account for over 1000 episodes.
Animation and Music Videos
Youku has also invested heavily in music and cartoon copyrights. Fully one-half of all available music videos on the market in China are now under license from Youku. This includes tens of thousands of videos from dozens of prestigious record companies, including Sony, EMI China/Typhoon, EE Media, Avex, Ocean Buterflies International, Seed, Taihe Rye Music, and Rock Records, which will all be accessible soon on Youku.
Youku has also partnered with major domestic animation houses for series including the runaway hit series Pleasant Goat and Big Big Wolf and Armored Warrior.
Advances in copyright protection
In January, Youku launched China's first digital fingerprinting system for identifying and filtering out infringing content, an automated solution that prevents upload of content for which no license is held.
Also in January, Youku joined the China Network Copyright Working Committee, the first official industry group targeting Internet copyright issues in China. And in late March, Youku CEO Victor Koo attended the Internet Film and Television Development 2nd CEO Roundtable to initiate work on guidelines for film and television copyright protection and cooperation.
In February, Youku partnered with other Chinese Internet video sites to create China's largest video webcast network, covering 80 percent of the Chinese online video market. This joint webcast network was inspired by a similar model among cable television companies, and aims at creating a platform that spans media, audiences, devices, and distribution channels.
Youku founder and CEO Victor Koo said he was proud of Youku's pioneering role in promoting media partnerships in the online video market. "Copyrighted content has been Youku's strategic emphasis since 2007, the year the company initiated cooperation with television stations. Youku started buying classic movies and television series from distributors in 2008, and from 2009 to 2010 we have been focusing on popular television dramas."
Quality copyrighted content broadcast on more platforms will increase overall viewership and ratings, said Koo. "We call for a new business model based on an open attitude, an orientation toward mutually beneficial cooperation, and a more rational way of thinking," Koo said.
"Youku has adopted a comprehensive approach that begins with creating the conditions for the sound development of this still new industry, and that elevates the industry's influence in different aspects of branding, marketing, and user experience," Koo explained.
Liu Dele, Youku's CFO and senior vice president, delivered a keynote speech. "Youku is not only the leading company in the online video market, but is also an enterprise with a high degree of social responsibility. We believe it is our mission to help create an industry chain built on integrity, openness, and mutual benefit. We believe this will create value for content producers, distributers, advertisers, and users, and will maximize the added value of copyright. And we believe that building such a chain will be of benefit to the Chinese Internet-one of China's strategic industries. Youku aims to be a competitive Internet company both domestically and internationally."
For additional information, please contact:
Manager of International Public Relations
Tel: +86-10-5885-1881 x7128
CONTACT: Jean Shao, Manager of International Public Relations, Youku,
+86-10-5885-1881 x7128, or firstname.lastname@example.org
Akamai Delivers High Quality Experiences to iPad for CondeNast, National Geographic and NPR
- Enables high-quality, adaptive bitrate video delivery to iPad applications and HTML5 browser-based players, and enables application acceleration - View the demo site from your iPad at ipad.akamai.com
CAMBRIDGE, Mass., April 8 -- Akamai Technologies, Inc. (NASDAQ:AKAM), the leader in powering video, dynamic transactions and enterprise applications online, today announced that Akamai supports high quality online experiences to the iPad. Akamai's HD Network enables adaptive bitrate video streaming for the iPad, in addition to support for the iPhone and iPod touch, available since the June 2009 launch of iPhone 3.0 OS. Akamai has been working closely with a number of customers, including CondeNast, National Geographic and NPR, to prepare their content and applications for the launch of iPad.
"Content will be accessed on millions of mobile devices and hundreds of device types moving forward, and the iPad introduces significant opportunity for content distribution with its large form factor, allowing people to make more of their Internet experiences portable, whether live video or Internet browsing," said Robert Hughes, Executive Vice President, Global Sales, Services and Marketing at Akamai. "The combination of Akamai's HD Network and Site Solutions helps our customers provide a consumer experience that is as available and high performing as on their PC. Delivering HD quality, live and on-demand content and applications to the iPad supports Akamai's goal of continuing to transform the way consumers view video and control their experiences while mobile."
Conde Nast's Epicurious and GQ magazine iPad and iPhone applications will be delivered across the Akamai platform. Both applications have been optimized for the iPad and feature new functionalities, making the experience more dynamic and customized for the user. Given these new features, Conde Nast is leveraging Akamai's Dynamic Site Accelerator to accelerate the dynamic elements of the applications. By leveraging Akamai's services for delivering its content to the iPad, all GQ content is delivered and stored in the cloud minimizing the need for origin severs and data center dependencies, which allows them to reduce costs and provide a faster user experience with greater stability.
National Geographic is listed on Apple's "iPad ready" website for http://www.nationalgeographic.com. Leveraging the Akamai HD Network to ensure that viewers have a high quality, high performing video experience online, National Geographic is delivering vibrant content to the iPad, creating an innovative new consumer experience for nationalgeographic.com
NPR released an iPad application and has developed an iPad-optimized version of http://www.npr.org. NPR has been delivering content to mobile devices, including the iPhone, since August 2009.
Akamai HD Network
Akamai's HD Network was developed with the goal of delivering the highest quality experience at broadcast audience scale(1) across the industry's most popular devices, platforms and runtimes, and enabling large-scale broadcasters, film distributors and publishers to increase audience engagement through higher quality video playback and interactivity. Akamai's HD Network was further designed to allow content owners to deliver live and on-demand content while leveraging an infrastructure of tens of thousands of HTTP servers deployed globally in ISP networks.
Akamai HD for iPad, iPhone and iPod touch supports adaptive bitrate streaming, a feature that automatically adapts to a user's fluctuating Internet conditions to enable smooth playback and improved viewing experiences - a key element to ensuring high-quality video and audio playback on mobile devices. Whether a user is connecting over Edge, Wifi or 3G, if they are using adaptive streaming, they will experience rapid video start-up times and smooth playback because playback can be optimized to begin immediately at a lower bitrate then switch to higher bitrates as conditions allow.
View the demo site from your iPad at ipad.akamai.com.
The Akamai Difference
Akamai® provides market-leading managed services for powering video, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most recognized brands across diverse industries. The alternative to centralized Web infrastructure, Akamai's global network of tens of thousands of distributed servers provides the scale, reliability, insight and performance for businesses to succeed online. Akamai has transformed the Internet into a more viable place to inform, entertain, advertise, interact, and collaborate. To experience The Akamai Difference, visit http://www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
This press release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the effects of any attempts to intentionally disrupt our services or network by hackers or others, changes in Apple's or Akamai's technologies such that they are no longer inter-operable, lack of market acceptance of the services and technology we offer, failure of our services to operate as expected, a failure of Akamai's network infrastructure, and other factors that are discussed in Akamai's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
(1)Defined as the average Nielsen audience
Jennifer Donovan Noelle Faris
Media Relations Investor Relations
STMicroelectronics' Evaluation Platform Lets Customers Simulate Analog and Power ICs
Cadence OrCAD PSpice Platform Offers Robust Simulation Capabilities for ST's SMPS@eDesign Studio IC Evaluation Tool
GENEVA, April 8 -- STMicroelectronics (NYSE:STM), today announced the development of a new evaluation platform allowing customers to perform simulations of ST's leading-edge analog and power chips. The new IC evaluation platform enables Cadence® OrCAD®, PSpice® a robust and widely diffused technology for the simulation of ST's analog and power product families.
ST's analog products are already supported by ST's SMPS@eDesign Studio free online tool, which was conceived specifically to help the design and simulation of SMPS (Switch-Mode Power Supply) systems. From now on, designs obtained via SMPS@eDesign Studio can be more accurately simulated within the Cadence OrCAD platform using PSpice. PSpice OrCAD is a full-featured, native analog and mixed-signal circuit simulator that is considered the de-facto industry-standard Spice-based simulator for system design.
A free version of the Cadence technology will be available on download at http://www.cadence.com for analysis of ST products within specific circuit test-benches, which can be obtained through ST's SMPS@eDesign Studio. The provision of advanced design tools within SMPS@eDesign Studio is part of ST's 'Sense and Power' campaign, which aims to provide increased design support to engineers
"OrCAD technology is a great way to enable our customers to test drive ST's analog and power products," said Carmelo Papa, Executive Vice President and General Manager, Industrial and Multisegment Sector, STMicroelectronics. "Evaluating our chips with the Cadence software will strengthen our customers' confidence to have received the highest quality ICs needed for their success."
The first ST families available in PSpice via the OrCAD technology from Cadence will be DC-DC converters and ViPER monolithic ICs for SMPS; eventually it will include nearly all ST's extensive portfolio of analog and power products.
STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2009, the Company's net revenues were $8.51 billion. Further information on ST can be found at http://www.st.com.
CONTACT: Michael Markowitz, of STMicroelectronics, +1-781-591-0354,