3 Financial Mistakes to Avoid if You're Self-Employed
ST. LOUIS, March 5 -- Financial blog ChristianPF.com released an article discussing 3 mistakes that self-employed workers commonly make. The article continues by pointing out a few of the common mistakes and solutions for them.
An excerpt from the article...
It seems there are more and more people becoming self employed these days - or at the very least, many folks are starting a side business, turning a hobby into some extra income or doing some type of independent contractor work. Whether you've decided to turn your blog into a business, sell a multi-level marketing product, or rent a storefront to start selling your homemade jewelry, there are some mistakes you will definitely want to avoid.
Not Setting Aside Money for Taxes
This seems simple enough, but is probably one of the biggest tax mistakes people make among others. The number of people I talk to that haven't set aside money for taxes is pretty high. If you are a 1099 contractor, the company you are contracted with does not pull out taxes for you.
At first, this feels great because your paycheck is higher - then reality sets in when it's time to file your taxes. Uncle Sam requires you to make quarterly estimated tax payments. If you don't have enough paid in for your estimated taxes you could face some penalties.
Another thing people fail to realize is the self-employment tax that's due. This was a stiff kick in the gut to me after my first year of self-employment. Uncle Sam charges 15.3% tax for self-employed in addition to your regular income tax! This is equivalent to the FICA tax on a regular paycheck. The good news is that you can deduct half of your self-employment tax, but you still have to pay!
What I do to help me throughout the year is any time I get paid, I set aside 20% of my money right away into a separate bank account, which is labeled Uncle Sam's. Then each quarter I take that money and make a quarterly estimated tax payment.
Not Keeping Track of Income and Expenses
This is one of those mundane tasks that most owners hate, but every business must do in order to maximize deductions as well as protect themselves from an IRS audit. A business owner should really be organized when it comes to keeping track of income and expenses. Don't write down your mileage on a napkin each time you travel. Your bookkeeper will thank you for that. Or, if you are acting as bookkeeper you'll appreciate your organization as your business grows.
Get a notebook, use a spreadsheet or some budgeting or personal finance software to track the amount of your expenses, the category (i.e. office supplies) and a brief explanation of what you purchased etc.
Don't rely on your memory to come through for you when you need to report an expense. Keep your receipts, develop a system and keep up to date.
I typically store all my receipts in one place for the week and then each Friday I pay bills, track my expenses in a spreadsheet, review my income and take a look at profit and loss statements.
This may be a bit much depending on what type of business you are in, so just be sure you come up with a system that works for you. Avoiding these mistakes as a self-employed person will help free up time, save you money and protect your business so you can maintain a long and profitable career.
Edifecs Highlights Challenges of HIPAA 5010 and ICD-10 and Presents Recommendations at HIMSS 2010 Medical Banking Boot Camp
ATLANTA, March 5 -- Edifecs, Inc., the proven leader in HIPAA 5010 and Healthcare Channel Modernization solutions, was invited to present an educational session about HIPAA 5010 and ICD-10 migration by the HIMSS Medical Banking Project. The "first substantive session of the Medical Banking Boot Camp," as Healthcare Finance News described it in its report, was presented by Sunny Singh, CEO, Edifecs and Dr. Joe Nichols, Medical Director, Edifecs.
In his remarks about HIPAA 5010 compliance, Singh highlighted strategies, including complete replacement, remediation and step-up / step-down strategies available to healthcare organizations in transitioning from HIPAA 4010A1 to 5010. In addition, Singh spoke about the various testing options - such as internal testing, external testing, end-to-end testing and collaborative testing - that healthcare organizations could adopt on the path to HIPAA 5010 compliance.
"While HIPAA 5010 impacts a finite set of IT systems, it's risky to minimize the complexity of the transition," said Singh. "The only way to mitigate the 5010 migration risks is to plan carefully and to develop testing strategies that touch multiple scenarios and systems - both internal as well as external."
Dr. Joe Nichols pointed out that even though the ICD-10 compliance deadline of Oct 1, 2013 appeared fairly distant, the implications and impacts represented by ICD-10 are enormous and planning must start now. He compared the ICD-10 impact to that of Y2K, where complexity arose from the sheer pervasiveness of the legacy code. In his presentation, Nichols highlighted the scope and complexity of the ICD-10 transition, and discussed why ICD-10 was a critical transition for the healthcare industry, both for its far-reaching impacts and benefits.
"While translation is an important part of the solution and the industry is justifiably discussing 'crosswalks,' only five percent of the ICD-10 codes map directly to ICD-9 codes and only 26% of the ICD-9 codes map directly to ICD-10 codes," said Nichols. "Developing an effective translation strategy is considerably more involved than a simple one-to-one mapping of codes."
The session was concluded with recommendations from the Edifecs team to start 5010 projects right away, to start defining ICD-10 plans very quickly and to work closely with vendors and trading partners while planning and executing 5010 and ICD-10 projects.
About Edifecs, Inc.
An industry leader since 1996, Edifecs provides healthcare software and solutions that automate exchange of information between health plans, hospitals, and other healthcare organizations. Edifecs' healthcare offerings enable compliance with current mandates, improve governance through enhanced end-to-end visibility and enhance operational efficiency by reducing costs.
Edifecs has over 350 healthcare customers (that include Blue Plans, Medicaid, State and Federal agencies, Healthcare Providers) and partners such as IBM, Oracle, TIBCO, Informatica and Axway.
Edifecs has been recognized as one of the 100 Fastest Growing Private Companies in Washington State, 100 Best Places to Work for in Washington State, and Inc.5000 fastest growing private companies in the US. Edifecs' CEO is an award winning business leader (FORTY UNDER 40). Edifecs is headquartered in Bellevue, WA.
Onstream Media and All Mobile Video Expand Business Relationship
Onstream Media's New Webcasting Operations Center, at All Mobile Video's New York Facilities, Extends Transmission, Production and Mobile Services
POMPANO BEACH, Fla., March 5 -- Onstream Media Corporation (NASDAQ:ONSM), an online service provider of live and on-demand internet video, announced today that it has strengthened and expanded its eight-year business relationship with All Mobile Video, an integrated resource provider of mobile production and satellite services.
Based on a successful, long-term business alliance, Onstream Media has agreed to co-locate facilities in New York City to provide clients and prospects with greater, full-service video production, webcasting and Internet broadcasting solutions, including the use of AMV's fully equipped Hi-Definition studios, satellite trucks and highly-skilled technical production resources.
Randy Selman, President and Chief Executive Officer of Onstream Media, commented, "Our eight-year business relationship with All Mobile Video has been productive for both companies, resulting in a significant number of new webcasting customers. Together with All Mobile Video's management, we have decided to expand our relationship by co-locating key personnel and equipment in an effort to leverage the success we have had and maximize the combined technologies of the two enterprises. We believe this new relationship will result in a more robust offering for our customers and increased revenue opportunities for both organizations."
Lenny Laxer, Vice President of All Mobile Video, commented, "We remain committed to bringing our customers the highest level of technology and believe that Onstream Media's internet broadcasting capabilities will greatly expand our clients online and mobile phone visibility. Onstream Media shares this outlook and our relationship has been mutually beneficial."
About All Mobile Video:
All Mobile Video is the country's premier provider of end-to-end video and audio solutions for entertainment, sports, and news programming and events. They offer the full spectrum of services -- from spacious Manhattan based sound stages with full postproduction capabilities to mobile production and editing trucks and extensive uplink solutions that travel worldwide -- as well as an extensive equipment inventory that allows fully customized specs of any facility or location.
About Onstream Media:
Onstream Media Corporation (NASDAQ:ONSM) is an online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, streaming video, mobile streaming and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user-generated content in combination with social networks and online video classifieds, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services. Select Onstream Media customers include: AAA, Bonnier Corporation, Dell, Disney, Georgetown University, National Press Club, PR Newswire, Shareholder.com (NASDAQ), Sony Pictures and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, BT Conferencing, eBay and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.
Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.
Media Relations: Investor Relations:
Chris Faust Brett Maas
FastLane Communications Hayden IR
Source: Onstream Media Corporation
CONTACT: Media: Chris Faust, FastLane Communications, +1-973-582-3498,
firstname.lastname@example.org; or Investor Relations: Brett Maas, Hayden IR,
LinkBox(TM) Online Marketing System Now Available to Individual Members of Large Sales Distribution Channels
LinkBox "Microsites in Minutes" Fuel Acquisition, Retention and Growth More Affordably Than Ever Before
TAMPA, Fla., March 5 -- Today interactive marketing firm Marketing In Color, Inc. (MIC) announced availability of the newest version of its successful online marketing system, LinkBox. Originally created to promote small businesses, LinkBox now gives each individual member of independent sales organizations a way to instantly create a targeted microsite that is co-branded to promote the product or service, as well as each individual. The system includes unique functionality such as content management tools, direct response forms, referral system, social media integration, and convenient back end tracking and reporting. MIC launched a new website detailing the new product offering at http://www.marketingincolor.com.
LinkBox Case Study: Solamatrix, Inc.
http://www.marketingincolor.com/LinkBox customer Solamatrix, Inc., a division of Novomatrix, is a manufacturer of window films for commercial buildings, homes and motor vehicles. Solamatrix utilizes a worldwide network of thousands of dealers as the primary distribution method for its SUN-GARD(TM) film products. Jeffrey Plummer, the company's Senior VP of Sales, Marketing and Distribution says, "We immediately saw LinkBox sales organization microsites as an ideal solution that was not only well within our budget parameters, but included valuable functionality and back end tracking and reporting capabilities that we knew we couldn't get anywhere else." Plummer added, "We believe LinkBox is a great conversion tool to get our dealers to switch from our competitors to SUN-GARD. Using a co-branded microsite to promote their businesses certainly gives them a leg up, and it gives us a very strong loyalty play."
LinkBox: Fast, Easy, Affordable
LinkBox is a subscription-based service and most clients pay just $10 per month, per user or less, depending on quantities. Subscription fees are calculated based on the total number of subscribers each month; the more subscribers, the lower the monthly cost for all subscribers within the organization. Most users are up and running with their new microsites in as little as 5 minutes.
About Marketing In Color, Inc.
Established in 1996, Marketing In Color, Inc. is a dynamic interactive marketing company driven by customer focus through deep competencies in marketing, interactive marketing technology, market research, and innovative solutions. MIC is headquartered in Tampa, Florida.
Source: Marketing In Color, Inc.
CONTACT: Cheryl Parrish, President & CEO, Marketing In Color, Inc.,
+1-877-258-3771 x105, email@example.com
HOLLAND, Ohio, March 5 -- Nationwide prepaid cell phone service provider Page Plus Cellular announced that it is adding brand new cell phones to its handset offering, which until now has consisted of strictly refurbished models. The first new model, the Kyocera Mako S4000, will be available March 8th and retail for $99.95.
The S4000 is a slim line flip phone with a VGA camera with zoom, Bluetooth support, full messaging capabilities, and Wireless Application Protocol (WAP) web browsing. The phone is also capable of downloading games, ringtones and wallpapers from the Page Plus app store. The S4000 is the first of several brand new phones the company is introducing this year.
Page Plus will also release its own brand new QWERTY keyboard handset within two months. The new messaging phone will add to the company's lineup of existing refurbished QWERTY handsets, which includes the popular LG enV.
As mobile phone users across the United States realize the difference in cost between Page Plus prepaid mobile service and traditional post-paid service, demand has increased dramatically. These new phone options enable Page Plus to meet this inventory demand, while also providing customers with robust features not always available with refurbished models.
Only phones sold by Page Plus carry a full warranty and are guaranteed to function properly for all the features they are capable of. Each is certified and fully supported by Page Plus' technical and service support.
Page Plus Cellular is a prepaid cell phone service provider with nationwide coverage on one of the largest wireless networks in the United States. Page Plus is consistently ranked among the top prepaid mobile providers for low rates and flexible plans. Page Plus cell phones and prepaid cellular plans are available through its large national network of dealers, and on its website at http://www.pagepluscellular.com.
NEW YORK, March 5 -- The Board of Directors of Verizon Communications Inc. (NYSE:VZ) today declared a quarterly dividend of 47.5 cents per outstanding share, unchanged from the previous quarter. The dividend is payable on May 3, 2010, to Verizon Communications shareowners of record at the close of business on April 9, 2010.
Verizon has approximately 2.5 million shareowners and approximately 2.8 billion shares of common stock outstanding. The company made $5.3 billion in dividend payments in 2009.
Verizon Communications Inc. (NYSE:VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass market, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, serving more than 91 million customers nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers innovative, seamless business solutions to customers around the world. A Dow 30 company, Verizon employs a diverse workforce of approximately 222,900 and last year generated consolidated revenues of more than $107 billion. For more information, visit http://www.verizon.com.
VERIZON'S ONLINE NEWS CENTER: Verizon news releases, executive speeches and biographies, media contacts, high-quality video and images, and other information are available at Verizon's News Center on the World Wide Web at http://www.verizon.com/news. To receive news releases by e-mail, visit the News Center and register for customized automatic delivery of Verizon news releases.
Source: Verizon Communications
CONTACT: Media, Bob Varettoni, +1-908-559-6388,
Nine Million Players and Counting, Free Realms(TM) Continues Rapid Growth
Targeted New Content Proves to Resonate With Players
SAN DIEGO, March 5 -- Sony Online Entertainment LLC (SOE) today announced that its family-friendly online game, Free Realms(TM) (http://www.FreeRealms.com), has surpassed nine million registered players.
"With Free Realms, we've been able to reflect the needs and wants of our players by keenly listening to their suggestions and feedback," said John Smedley, president of SOE. "We believe the persistent exercise of capturing in-game research inside Free Realms has been a huge contributing factor as to why we've attracted over nine million players in less than a year. It truly helps us give our players a game where they can do and be whatever they want."
Continuous development of new features and themed in-game events, as well as persistent marketing support, has drawn a constant influx of new players into the free-to-play virtual world. An example of a customer-requested feature recently introduced in Free Realms is Rides.
Introduced last month, Rides not only look cool and come in multiple color choices, but they allow players who have purchased a Membership to hop on the back of a T-Rex or Dragon and travel anywhere in the overland world at 150% of their normal speed. Building on this player-driven feature request, Horses are the next Rides scheduled to be released, with more types of transportation in the works. The development team is also set to introduce new Owl and Groundhog pets, as well as an exciting new 3-D minigame in the near future.
Free Realms offers an endless array of activities and mini-games to entertain players. From ninja fighting to kart racing to raising pets, Free Realms offers a safe, family-friendly environment to connect with old and new friends. Also available is the Free Realms Trading Card Game: a full-featured trading card game, playable both digitally within the Free Realms online game and offline via physical card decks sold wherever you buy trading cards. Free Realms players can also pop into select retailers to purchase Station Cash(TM) cards, which can be redeemed for Station Cash, and used to buy virtual goodies or upgrade to a Membership status in the game.
Free Realms is rated E10+ for Everyone 10 and up with content descriptors of Crude Humor and Fantasy Violence. To play Free Realms, visit: http://www.freerealms.com/.
About Sony Online Entertainment
Sony Online Entertainment LLC (SOE) is a recognized worldwide leader in massively multiplayer online games, with hundreds of thousands of subscribers around the globe. SOE creates, develops and provides compelling entertainment for the personal computer, online, game console and wireless markets. Known for its blockbuster franchises and hit titles including EverQuest®, EverQuest® II, Champions of Norrath®, Untold Legends(TM), and PlanetSide®, as well as for developing Star Wars Galaxies(TM), SOE continues to redefine the business of online gaming and the creation of active player communities while introducing new genres on various entertainment platforms. Headquartered in San Diego, CA, with additional development studios in Austin, TX; Seattle, WA; Denver, CO; Tucson, AZ and Taiwan, SOE has an array of cutting-edge games in development.
Source: Sony Online Entertainment LLC
CONTACT: Taina Rodriguez of Sony Online Entertainment, +1-858-577-3033,
Will Sunday's Oscars(R) Get a Ratings Boost From 'Avatar', Sandra Bullock, and New Hosts?
Fandango's Awards Watch Section Features Moviegoer Polls, Exclusive Oscar(R) Party Hosting Tips, and Red Carpet Photo Galleries
LOS ANGELES, March 5 -- Fandango, the nation's leading moviegoer destination, surveyed more than 1,000 moviegoers about a renewed interest in watching the Academy Awards® show this year, as opposed to previous years. Among the findings:
-- 66% are more interested in watching this year's Oscar® hosts Steve
Martin & Alec Baldwin than they were in watching last year's host,
-- 58% will not miss the live musical numbers for "Best Song."
-- 51% have seen more of the Best Picture nominees this year.
-- 48% are more interested in this year's Oscars® because "Avatar" is in
the running for major awards.
-- 40% are interested in seeing Sandra Bullock's first time at the
-- 35% are interested in watching this year's show to see the real-life
Best Director showdown between ex-spouses James Cameron ("Avatar") and
Kathryn Bigelow ("The Hurt Locker").
More than 32% of moviegoers plan to attend or host an Oscar®-viewing get-together with friends this Sunday, according to the Fandango survey. To help moviegoers make their parties more festive, Fandango's Awards Watch section is offering food, drink and activity suggestions for Hollywood's big night at http://awardswatch.fandango.com/2010/allaboutawards/. Film fans can also print their own Oscar® ballot at Fandango (perfect for tallying votes at your party), and read awards predictions and commentary on the best and worst fashions on the red carpet.
Among the Oscar® viewing party suggestions from Fandango's awards blogger Sarah McLaughlin:
-- The "Avatar"-Themed Party: Create a "Welcome to the Jungle" milieu and
serve Blue Terra chips, Blue Gatorade, etc.
-- The "District 9"-Themed Party: A "Humans Only" motif, serving prawns
for finger food.
-- The "Inglourious Basterds"-Themed Party: Stage a movie premiere
setting, with various kinds of milk (Colonel Hans Landa's favorite
One of the Web's top movie and entertainment destinations, Fandango sells tickets to more than 16,000 screens. Fandango entertains and informs consumers with reviews, commentary and trailers, and offers the ability to quickly select a film, plan where and when to see it, and conveniently buy tickets in advance. Fandango is available at http://www.fandango.com, 1-800-FANDANGO and via your wireless mobile device at mobile.fandango.com. Fandango is a unit of Comcast Interactive Media.
Sandata Technologies and Infocrossing Settle Patent Infringement Suit
Sandata to assume Infocrossing home healthcare agency business
PORT WASHINGTON, N.Y., March 5 -- Sandata Technologies, Inc., a leading nationwide provider of information technology solutions to the home healthcare and social services communities, and Infocrossing, Inc. today announced the settlement of the patent infringement lawsuit between the two companies. As part of the settlement, Infocrossing will transfer its home healthcare agency business consisting of time and attendance software and services that capture time and attendance information inputted by telephone as provided under the contracts being assigned to Sandata and will stop offering such services to home health care agencies in North America. The parties agreed to release all claims against each other, including Sandata's claims for alleged infringement of Sandata's patents covering Automatic Number Identification.
Harold Blue, CEO of Sandata stated, "We are pleased to reach an agreement with Infocrossing regarding our intellectual property. We believe this is the best outcome for all parties involved. Sandata looks forward to having the opportunity to serve Infocrossing's customers with our comprehensive suite of telephony and software solutions. Sandata will continue to vigorously defend its patents and other intellectual property using all means at our disposal."
About Sandata Technologies, Inc.
Sandata Technologies provides a complete package of information technology solutions, which includes scheduling, time and attendance, billing, payroll, compliance and clinical applications, for the home healthcare and social services communities. Santrax is Sandata's patented time and attendance product and the nation's number one telephone and web-based field management solution. Santrax enables home care agencies to automatically verify that their staff is in the right place at the right time and to capture tasks being performed, ensuring compliance with the prescribed plan of care and ensuring that patients are receiving the highest quality of care. In addition, Santrax is able to utilize voice biometrics to further verify the identity of the home care worker, provide alerts when a home care worker does not show up within a specified time frame and track employee mileage.
Sandata's comprehensive information technology offering enables companies and organizations with remote workforces the ability to realize administrative cost savings, streamlined operational procedures, and significantly reduced paperwork burdens. Sandata has over 1,000 customers in 47 states and processes over 80 million telephone calls annually. Sandata services customers through its four data centers located across the country with state-of-the-art redundancy and disaster recovery capabilities. For additional information about Sandata Technologies, please visit: http://www.sandata.com.
COSTA MESA, Calif., March 5 -- Almost three-quarters (74%) of American consumers surveyed would prefer a non-surgical procedure over liposuction even if it meant more treatments were needed. According to a survey commissioned by The Patient's Guide, a family of online publications dedicated to specific skin concerns and treatments, 48% of consumers are more interested in results when considering a body contouring procedure than cost (21%), safety (11%), length of recovery (10%), and surgery (10%).
"This year we'll see significant advances in body contouring including treatment of fat and cellulite," said Dr. Eric Bernstein, Director of Laser Surgery and Cosmetic Dermatology Centers, Clinical Associate Professor of Dermatology at the University of Pennsylvania. "Technology is so fast moving in medicine and especially with lasers, that to stay up to date, the web is the only option. Online information about these technologies and where to receive them is critical to matching patients with effective treatments."
As the 68th Annual American Academy of Dermatology Meeting gets underway this week, The Patient's Guide conducted an online survey to assess the attitudes of its audience in anticipation of the new advancements in cosmetic skincare that will be unveiled.
"The findings from the survey indicate that American consumers are deeply invested in common skincare concerns and treatments," said Jasson Gilmore, Chief Executive Officer of The Patient's Guide. "The Patient's Guide will continue to provide consumers with the most up-to-date information targeted for their specific concerns, and we're particularly excited to share the breaking news that comes out of the Annual AAD Meeting this month."
The Patient's Guide survey, conducted online on three sites operated by The Patient's Guide - Wrinkles.org, TattooRemoval.net, and Body-Contouring.com - revealed compelling insights about the consumers' preferences on cosmetic treatments.
Among key survey findings:
-- While consumers are most interested in non-surgical body contouring
options (51%), than minimal surgery options (35%), and surgical
options (14%), more consumers (69%) would not opt for a non-invasive
fat removal procedure if it cost more than a surgical procedure such
-- Most consumers searching for tattoo removal options fall into the
31-40 age range (66%), and got a tattoo of someone else's name (54%)
when they were between 18-24 years old (54%).
-- Interestingly, most consumers are interested in removing their tattoo
because they broke up with someone (48%).
-- The majority of consumers surveyed are most concerned with wrinkles
(54%) than age spots (14%), sagging skin (17%), facial veins (12%),
and enlarged pores (5%).
-- Consumers are most interested in injections (43%) as a treatment for
About The Patient's Guide
The Patient's Guide's mission is to provide consumers with the most accurate medical information to enable them to make educated decisions about treatment. Each month over one million visitors go to The Patient's Guide, a family of 25 web publications, each dedicated to a specific condition or treatment. Visitors rely on the information The Patient's Guide provides because the information is written by the field's leading experts.
IFC.com Utilizing Akamai HD Network to Broadcast Live Online Coverage of South by Southwest Festival
Live HD Video will be Enhanced with Unique Social TV Features from ClipSync
CAMBRIDGE, Mass., March 5 -- Akamai Technologies, Inc. (NASDAQ:AKAM), the leader in powering video, dynamic transactions and enterprise applications online today announced that IFC.com will utilize Akamai's HD Network to deliver live online video direct from the South by Southwest (SxSW) Festival, in Austin, Texas March 12-21, 2010. IFC.com recently implemented the Akamai HD for Adobe® Flash® technology, which is designed to deliver an uninterrupted, high-quality live streaming experience to online audiences using the Adobe Flash format.
Available at http://www.IFC.com/sxsw, three events will be streamed daily at 12:00 PM, 3:00 PM and 6:00 PM (all times CST). A key feature of Akamai HD for Adobe Flash is adaptive bitrate streaming, which is architected to enable uninterrupted video playback at HD bitrates that seamlessly adjust to fluctuations in available bandwidth to provide the best quality viewing experience possible for each user. iStreamPlanet will provide the encoding and production services, and the video feeds will be available in eight different bit rates.
IFC.com's SxSW site will be highly interactive, allowing viewers to take part in the event via a custom social media player powered by ClipSync. Viewers will be able to engage in "social activities" such as live chat, conversations with performers, and live polls, all in real-time as the live events are being streamed online.
"The beauty of live streaming video is that it offers millions of people immediate global access to local events from the comfort and convenience of their computers and mobile devices," said Craig Parks, vice president of digital media at IFC. "The flexibility of Akamai's HD Network, coupled with ClipSync's social media player, allows us to offer a much higher quality, live interactive experience to users, which extends the reach and awareness of IFC's SXSW events and allows more enthusiasts to experience the festival."
"The Akamai HD Network is designed to let broadcasters like IFC enhance and expand the impact of their television offerings and provide broadcast scale audiences with highly engaging, memorable and interactive online video experiences," said Robert Hughes, Executive Vice President of Global Sales, Services and Marketing at Akamai. "Akamai HD Network customers have found that when offering high definition video content, that takes full advantage of the interactivity of the Internet, viewers are more satisfied, leading to a more positive and engaging experience with a company's brand."
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, interact, and collaborate. To experience The Akamai Difference, visit http://www.akamai.com.
Akamai Statement Under the Private Securities Litigation Reform Act
The 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 Adobe Flash or other third-party technologies referenced above or to Akamai's streaming technologies such that they are no longer inter-operable, failure of our services to operate as expected, unexpected termination of Akamai's relationship with IFC.com, cancellation of the planned broadcast, 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.
"I created the concept of The InZONE as I began to understand what my own children were interested in and the fact that there were no existing facilities in the area to address the need," said Chris Cunningham, The InZONE founder. "At The InZONE, kids unknowingly get much needed exercise while having a great time."
The InZONE features games that require physical movement such as dance, bicycling and bowling; therefore, kids aren't merely sitting behind a television with a joystick. The venue also includes a host of other amenities and activities such as after school programs, birthday party planning, a cafe with healthy snacks, parents' nights out and day camps. So, parents can be confident that their children are being active in a safe, indoor environment that's chaperoned. For toddlers, The InZONE has a dedicated area where smaller kids can play with special equipment made just for them. While they're playing, parents can take advantage of services such as free Wi-Fi, the snack bar or even the games!
About The InZONE
The InZONE is an interactive entertainment center for children that features games that encourage physical activity and friendly competition. For more information, visit http://www.theinzoneonline.com.
Source: The InZONE
CONTACT: Chris Cunningham of The InZONE, +1-713-340-2872,
firstname.lastname@example.org, or Michelle Kelley, +1-832-771-8353,
email@example.com, of Kelney Communications for The InZONE
CUPERTINO, Calif., March 5 -- Apple® today announced that its magical and revolutionary iPad will be available in the US on Saturday, April 3, for Wi-Fi models and in late April for Wi-Fi + 3G models. In addition, all models of iPad will be available in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK in late April.
Beginning a week from today, on March 12, US customers can pre-order both Wi-Fi and Wi-Fi + 3G models from Apple's online store (http://www.apple.com) or reserve a Wi-Fi model to pick up on Saturday, April 3, at an Apple retail store.
"iPad is something completely new," said Steve Jobs, Apple's CEO. "We're excited for customers to get their hands on this magical and revolutionary product and connect with their apps and content in a more intimate, intuitive and fun way than ever before."
Starting at just $499, iPad lets users browse the web, read and send email, enjoy and share photos, watch videos, listen to music, play games, read ebooks and much more. iPad is just 0.5 inches thick and weighs just 1.5 pounds--thinner and lighter than any laptop or netbook--and delivers battery life of up to 10 hours.*
iPad's revolutionary Multi-Touch(TM) interface makes surfing the web an entirely new experience, dramatically more interactive and intimate than on a computer. You can read and send email on iPad's large screen and almost full-size "soft" keyboard or import photos from a Mac®, PC or digital camera, see them organized as albums, and enjoy and share them using iPad's elegant slideshows. iPad makes it easy to watch movies, TV shows and YouTube, all in HD, or flip through the pages of an ebook you downloaded from Apple's new iBookstore while listening to your music collection.
The App Store on iPad lets you wirelessly browse, buy and download new apps from the world's largest app store. iPad includes 12 new innovative apps designed especially for iPad and will run almost all of the more than 150,000 apps on the App Store, including apps already purchased for your iPhone® or iPod touch®. Developers are already creating exciting new apps designed for iPad that take advantage of its Multi-Touch interface, large screen and high-quality graphics.
The new iBooks app for iPad includes Apple's new iBookstore, the best way to browse, buy and read books on a mobile product. The iBookstore will feature books from the New York Times Best Seller list from both major and independent publishers, including Hachette Book Group, HarperCollins Publishers, Macmillan Publishers, Penguin Group and Simon & Schuster.
The iTunes® Store gives iPad users access to the world's most popular online music, TV and movie store with a catalog of over 12 million songs, over 55,000 TV episodes and over 8,500 films including over 2,500 in stunning high definition. All the apps and content you download on iPad from the App Store, iTunes Store and iBookstore will be automatically synced to your iTunes library the next time you connect with your computer.
Pricing & Availability
iPad will be available in Wi-Fi models on April 3 in the US for a suggested retail price of $499 for 16GB, $599 for 32GB, $699 for 64GB. The Wi-Fi + 3G models will be available in late April for a suggested retail price of $629 for 16GB, $729 for 32GB and $829 for 64GB. iPad will be sold in the US through the Apple Store® (http://www.apple.com), Apple's retail stores and select Apple Authorized Resellers.
iPad will be available in both Wi-Fi and Wi-Fi + 3G models in late April in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK. International pricing will be announced in April. iPad will ship in additional countries later this year.
The iBooks app for iPad including Apple's iBookstore will be available as a free download from the App Store in the US on April 3, with additional countries added later this year.
*Battery life depends on device settings, usage and other factors. Actual results vary.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and has entered the mobile phone market with its revolutionary iPhone.
Court Reporting Leader Provides Attorneys with a Completely Digital Exhibit Management Solution
FLORHAM PARK, N.J., March 5 -- Veritext, the established leader in providing deposition and litigation support services, today announced the launch of the Veritext Exhibit Management Solution (XMS), the first and only digital solution for managing exhibits before, during and after the deposition. XMS is an end-to-end digital solution that provides a complete database of exhibits, control over exhibit numbering, and remote access to the exhibits anywhere, anytime. In addition to exhibit management, exhibits can also be viewed in real time during the deposition.
The XMS system was most recently used on the Adelphia Recovery Trust litigation to handle over 180 depositions. "Veritext Exhibit Management Solution system was invaluable to us in the Adelphia case. We were able to seamlessly manage thousands of exhibits and display them in real time at the depositions," said Howard Schub, a partner at Kasowitz, Benson, Torres & Friedman. "This product, the Exhibit Management Solution, is an essential and efficient tool for today's deposition in complex multi-party litigation."
Upon installation, users can immediately begin loading their exhibits into the XMS system; there is no need to print, ship and distribute paper exhibits at the deposition - saving the litigation team time, money and resources. Once in the system, the exhibits are available 24/7 on the web at every stage of the litigation, making it much easier to prepare for major case events, such as summary judgment. At the deposition, the exhibits are easily called up via bar code and displayed on monitors throughout the room - providing much greater visual impact during the deposition.
In addition, remote deposition participants can view the exhibits in real time along with the scrolling transcript. Exhibits are then immediately available after the deposition to assist in further case preparation for future depositions.
"We know firsthand from our clients that managing deposition exhibits is time-consuming and frustrating, particularly in multi-party, multi-track litigation. In response to this need, we have created the Veritext Exhibit Management Solution," said Lolly Bak, Chief Information Officer of Veritext. "Our solution provides our clients with easier case preparation, a smarter way to manage exhibits, and a green solution to help eliminate much of the paper in litigation."
Veritext was founded in 1997 with the goal of providing superior services to the legal industry. With over a decade of continued industry excellence, Veritext is the established leader in providing technology-driven deposition and litigation support services to law firms and corporations around the globe. More information can be found at http://www.veritext.com/
COOPER CITY, Fla., March 5 -- There are many churches doing Live Internet Services but Flamingo Road Church is taking it to a whole new social level with a Social Network Application. Flamingo Road Church is utilizing the Facebook platform but took it a step further and developed the first Live Interactive Service Video Streaming to connect with its guests.
"Today's society is looking for more interaction with spiritual activities and the Video Streaming does just that. It allows guests to enjoy the benefits of a social network, like Facebook, and attend church," said Troy Gramling, lead pastor of Flamingo Road Church. "We are in the middle of an exciting transition to a new church concept, the Church on the Internet. We are going out of the traditional brick-and-mortar buildings into cyberspace to provide an option for our guests from all over the world to experience one church where they are."
Flamingo Road Church is one of the leading churches that offer an "Internet Campus" to their guests. Virtual church attendees can observe live services and simultaneously interact with Brian Vasil, Internet Campus Pastor. For additional information about Flamingo Road Church Facebook Application, visit http://apps.facebook.com/frclive
About Flamingo Road Church:
Troy Gramling is the Lead Pastor at Flamingo Road Church in Fort Lauderdale, Florida - a church with a vision to partner with people to reach their God-potential. Flamingo Road is a multi-site church with campuses in North & South America that has grown from 2000 to over 11,000 under Pastor Troy's leadership, and has also been recognized by Outreach magazine as one of the top 100 largest and fastest growing churches in America.
As Fast Company reports, salesforce.com is recognized for: "Part sales management tool, part developer platform, and part mashup of public and private customer-insight data, salesforce.com is the undisputed leader in helping sales hordes track prospects and win business. New in 2009: Service Cloud, a customer-service software system that also analyzes comments and complaints on Twitter or Facebook; a collaboration with Cisco that offers an online-call-center capability; and Chatter, an internal Twitter-like feed service that will let sales forces interact, securely and in real time. Last November, the company announced third-quarter revenue of $331 million, up 20% year over year."
"We're excited to part of this esteemed group of Internet innovators," said Marc Benioff, chairman and CEO of salesforce.com. "Salesforce.com and our millions of users have shown that the Internet has the power to revolutionize business just as it has the consumer world."
The list and related stories appear in the March 2010 issue of Fast Company magazine, on newsstands currently and online at http://www.fastcompany.com/MIC.
Salesforce.com is the enterprise cloud computing company. The company's portfolio of Salesforce CRM applications, available at http://www.salesforce.com/products/, has revolutionized the ways that companies collaborate and communicate with their customers across sales, marketing and service. The company's Force.com platform (http://www.salesforce.com/platform/) helps customers, partners and developers to quickly build powerful business applications to run every part of the enterprise in the cloud. Based on salesforce.com's real-time, multitenant architecture, Salesforce CRM and Force.com offer the fastest path to customer success with cloud computing.
As of January 31, 2010, salesforce.com manages customer information for approximately 72,500 customers including Allianz Commercial, Dell, Japan Post, Kaiser Permanente, KONE, and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM". For more information please visit http://www.salesforce.com/, or call 1-800-NO-SOFTWARE.
Copyright (c) 2010 salesforce.com, inc. All rights reserved. Salesforce and the "no software" logo are registered trademarks of salesforce.com, inc., and salesforce.com owns other registered and unregistered trademarks. Other names used herein may be trademarks of their respective owners.
PITTSBURGH, March 5 -- Today GiftCards.com, the leading internet site for Visa gift cards, and discounted gift cards, announced the launch of their first iPhone application. This version of the application allows customers to check the balance on their Visa gift card or to activate a gift card. "The merchants cannot tell you the balance on your gift card so this new application is a great way to check your balance when you are in the store ready to make a purchase," stated Jason Wolfe, CEO of GiftCards.com.
The newly launched iPhone application also works with merchant gift cards. You can use the application to view all of the discounted gift cards for sale on the GiftCards.com website. If you are in the market to get cash for your gift card, you can use the Swapagift Location feature. This feature uses the zip code and GPS to locate an agent location where you can redeem your merchant for cash on the spot.
About GiftCards.com, LLC
GiftCards.com is a leading provider of gift cards to consumers and corporations to expend as gifts, rewards, or incentives. GiftCards.com currently services thousands of corporations for their gift card needs including 25% of the Fortune 1,000. GiftCards.com was founded in 1999. For more information visit: http://www.GiftCards.com
GlobalListings.org Targets craigslist and eBay, Offers Newer, Better Classified Experience
NEW YORK, March 5 -- Let's face it: craigslist's heyday as a vital and useful marketplace is past. These days, nearly all that remains is a haven for spam, a mass of confusion and red tape for legitimate users, and a fading realm of influence. It's high time for some improvements on the "community marketplace" theme to make it more suited to today's truly global community and economy. That is the perspective of http://www.globallistings.org/, a new forum specializing in global, national, or multi-area classified ads that says it has arrived to fill the void.
While craigslist.org states, "If your ad is equally relevant to all locations, your ad does not belong on local craigslist sites at all," GlobalListings acknowledges that there are many valid reasons for posting on a national or even multi-national scale. If a business or service is international in scope - or could become so in the future - why limit its potential?
Imagine that a consulting firm needs to hire a fantastic copywriter, but doesn't care whether they telecommute from London, Miami or Sydney. Or perhaps an artist or artisan living in Madrid is seeking to sell products that can easily be shipped anywhere in the world. While craigslist only allows local ads by its very design, the GlobalListings team understands and supports the idea that much of today's business is conducted on an international scale.
GlobalListings offers solutions to many of the problems that have long plagued craigslist. Instead of polluting the database with millions of low-quality ads that only attract more spammers, GlobalListings feels that the time visitors invest in posting and searching needs to yield results. With quality built into the system and the cost per ad depending on the circulation area, spammers are automatically discouraged, and commerce has room for exponential growth.
Ads placed on GlobalListings can be set to remain online as long as they are relevant, rather than needing to be re-posted frequently - a fix to another key craigslist flaw.
"For Sale" listings on GlobalListings.org are a cost-effective alternative to using eBay, a major craigslist shareholder.
"There are thousands of postings on the Internet where disappointed craigslist customers vent out their frustration, so we took it upon ourselves to develop a better platform," said Alex Konanykhin, the President of KMGi, an internationally acclaimed interactive production company. Founded in 1997, KMGi has provided online solutions to such clients as Intel, Google, Boeing, Molson Coors, CNN, DuPont, General Electric, Macromedia, Pfizer, Aventis, Verizon, Volvo, Accenture, Energizer, CBS, MTV, Best Western, Washington Post, and Siemens. KMGi also owns various online portals including BidsFromLawyers.com, AllPublicists.com and SyndicatedNews.us.
The world may be feeling smaller these days, but with classified ads on GlobalListings.org, every business has limitless room to expand its horizons.
IndiaMART.com Launches State-Wise Tenders to Benefit Local SMEs
NEW DELHI, India, March 5, 2010--
- tenders.indiamart.com to List State-Wise Tenders Across India.
- Exhaustive, Well-Classified and Searchable Database of Over 50,000 Live
Tenders From Across the Country.
- Launched to Benefit State-Level and Local SMEs.
India's leading online B2B marketplace IndiaMART.com has launched
state-wise tenders list under its popular tender's banner to help the SME and
MSME community in the country. The new initiative has been implemented to
simplify search procedure of local tenders for state-level SMEs. State-wise
tender process will cut down the time element, an important factor in tender
The new initiative has been well received among the 7 lakh strong SME
(Small and medium Enterprises) and MSME (Micro, Small and Medium Enterprises)
community of IndiaMART.com.
Announcing the launch, Dinesh Agarwal, Founder & CEO of IndiaMART.com
said, "We are always striving towards providing the best of services to the
SME sector. After the free tender services launched last year, which grabbed
clients' attention, the latest state-wise tender offering is a step forward
in the same direction. This will not only boost our clients business but also
bolster their belief in IndiaMART.com."
Late last year, IndiaMART.com had set a precedent, becoming the first
company to launch free subscription of more than 50,000 live government,
corporate and global tenders and procurement notices for its Indian clients.
Since then, the company has seen a significant growth in page visits at over
50 percent in the last three months, a note worthy performance indeed.
Brijesh Agrawal, Chief Operating Officer, IndiaMART.com said, "IndiaMART
has initiated state-wise tenders, so that users can avail desirable and
specific services across a wide range of industry verticals as per their
location, need and business preference in a convenient and structured
He further highlights that, customers will be impressed not only by the
quality of the tender information, but also with the user friendly interface
and seamless navigation across the tender pages.
For the last 14 years IndiaMART.com has been playing a leading role in
furthering SME and MSME business in the country, providing them with India's
largest online platform to sell their products and services in the
international marketplace and expand their reach and business opportunity.
The industry has put its trust in IndiaMART.com, making it the country's
largest B2B portal with over 60 percent market share. The company has been
also conferred the prestigious Red Herring 100 Asia & Emerging India award.
Tenders.indiamart.com (http://tenders.indiamart.com/) is among the
largest portals for business tender information both in India as well as
globally, with a large number of free online tenders and registered users
from all over the world.
IndiaMART.com is India's largest online B2B marketplace connecting global
buyers with suppliers through business directories, online product catalogs,
buy-sell offers, industry specific marketplaces, printed media and trade
Founded in 1996, the company has a pan-India presence in over 100 cities
. With approximately 1200 employees located across 31 offices in the country,
IndiaMART.com offers an extensive range of value-added products and services
to its 700,000 registered members and nearly 5 million global buyers across
various industries and verticals.
IndiaMART.com has won numerous awards over the years and has been widely
covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld,
Economic Times, Financial Express, etc for its pioneering role in promoting
SME business in the country.
Its existing investors include Intel Capital and Bennett, Coleman & Co.
Ltd (Times Group), India's largest print media group.
Akamai to Participate in the Raymond James & Associates 31st Annual Institutional Investors Conference
CAMBRIDGE, Mass., March 5 -- Akamai Technologies, Inc. (NASDAQ:AKAM), the leader in powering video, dynamic transactions and enterprise applications online, announced today that it will be participating in the Raymond James & Associates 31st Annual Institutional Investors Conference in Orlando, Florida. Senior Vice President of Networks & Operations, Robert Blumofe, will present an update on Akamai's service offerings.
Where: JW Marriott Grande Lakes Orlando
4040 Central Florida Parkway
Orlando, FL 32837
What: Presentation: Review of company service offerings
A live audio webcast of the presentation and a replay will be available on Akamai's website at http://www.akamai.com/html/investor/index.html. Please go to the "News & Events" section of the Akamai Investor Relations Web page to access the presentation.
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.
Jeff Young Noelle Faris
Media Relations --or-- Investor Relations
Mountain Rescue England and Wales Adopts New Mapyx GIS Platform to Improve Response Times and Coordination
SURBITON, England, March 5, 2010-- A new technology platform is to help mountain rescue teams in
England and Wales achieve significant improvements in the time taken to plan
searches, with better coordination and reporting once a search is under way.
The system, known as SARMAN(TM) (Search & Rescue Management
Solutions), is a modular system providing the capability to plan, coordinate
and more efficiently manage the work of Mountain Rescue England and Wales and
all other search and rescue organisations.
Peter Bell, President of Mountain Rescue England and Wales stated:
"Mapyx has worked tirelessly to fine-tune their QUO digital mapping
software to encompass the operational demands of a mountain rescue
environment and to develop its new SARMAN(TM) software. Linked to, indeed
part of, this advanced facility, they have similarly fine-tuned their
SARMAN(TM) system to operate with various communications platforms, which
will provide the integrated, on scene, partner to the Mapyx search and
rescue management applications. QUO and SARMAN(TM) software coupled with
approved hand-held devices are not, however, restricted to search and rescue
operations. This combination will, I am convinced, provide a most valuable
adjunct to safety, whatever the environment."
Ewan Thomas, National Water Officer of MREW: "Mapyx has been
an excellent development partner for the project to provide MR teams with
class leading search planning and management software.
The SARMAN(TM) application has been developed from first
principles to provide an incident management system that is fully integrated
into the Quo digital mapping platform.
The powerful combination of Quo, the Mapyx tracking system and
SARMAN(TM) will make a significant contribution to search and rescue
planning and incident management in England and Wales."
Steven Wood, Chairman of Mapyx, stated, "Following on from
MREW selecting Mapyx as "Official GIS and Mapping Partner", Mapyx elected to
develop specific search and rescue software to assist MREW in its operations.
Our new SARMAN(TM) software is our contribution to the important work of MREW
and, by working closely together with MREW, we believe that we have developed
a system that will improve the effectiveness and efficiency of all search and
rescue operations. Sarman(TM) is undergoing field testing with MREW in March
2010 and will be operational in April 2010."
The SARMAN(TM) software has been designed in conjunction with
MREW and provides operational improvements including:
1. Use of digital topographic maps and aerial maps at various
scales to provide accurate ground data.
2. Use of Mapyx Quo Professional software functionality to
provide detailed routing and tracking information.
3. Reduction of set-up time for establishing search parameters
to improve planning and management resulting in increased efficiency
and accuracy of searches.
4. Live communication and tracking interfaces permitting better
coordination of search teams and providing immediate feedback of
5. Coordination of multiple search teams and equipment across
6. Automated process management tasks to provide better, faster and more
reliable information with fast, bespoke or standardised
7. A modular system that can be expanded or reduced depending upon
8. 'Black box' recording of all planning and field operations.
Mapyx Limited, a Surbiton based company, delivers affordable digital
maps and tools to a wide range of users. Mapyx products offer value for
money, help people share their data (routes, pictures, reviews and more)
and build communities around their hobbies, clubs and associations.
The team behind Mapyx has been involved with digital mapping applications
for government, military and commercial organisations for over two decades.
Mapyx developed its successful 'Quo' product as the essential digital mapping
software for outdoor pursuits. Mapyx Quo is free of charge, fully-functional
digital mapping software that has won numerous awards. Download a free copy
at http://www.mapyx.com/quo .
About Mountain Rescue England & Wales (MREW)
MREW is a registered charity. Its mountain and cave rescue service in
England and Wales is provided by around 3,500 volunteers, available 24 hours
a day, 365 days a year, whatever the weather.
Besides being called to help people who become ill or injured
on the moorlands and mountains, MREW teams frequently help the police search
semi-urban areas for missing persons. Its teams also help the ambulance
service access remote or difficult areas. MREW has provided expertise and
personnel during major civil emergencies such as the Grayrigg train crash and
the Lockerbie disaster; assisted the fire service with moorland fires in
Yorkshire and the Lake District; helped rescue people from their own homes
during extensive flooding in Gloucestershire, Carlisle and South Yorkshire;
and searched snowbound roads for stranded motorists. It has also searched for
forensic evidence and helped preserve crime scenes.
Images accompanying this release are available to download at:
Bridgepoint Education's Ashford University Introduces a New Bachelor of Arts Degree in English
SAN DIEGO, March 5 -- Bridgepoint Education, Inc. (NYSE:BPI), a provider of post-secondary education services focused on providing higher access to higher education, announced today that Ashford University has launched a new Bachelor of Arts degree in English. It is available online and is a natural extension of Ashford's many liberal arts programs. The program focuses on literature and the English language and its practical usage and application in modern society.
Students graduating with a Bachelor of Arts degree in English may choose to pursue careers in business, research, education, finance, theatre and entertainment, communications, health care and many other fields.
"The College of Arts and Sciences is very pleased to add the Bachelor's Degree in English to its repertoire of liberal arts degree programs. English majors are increasingly in demand as the emphasis on communication and writing skills increase," said Dr. James Jeremiah, vice president of online academic affairs. "Employers value the analytical, critical thinking and research skills of the English major, and the creativity these students bring to the workplace. Students find their own lives enriched with the range and breadth of the material they learn."
"We are delighted to add an English major to our already wide array of online Arts and Sciences programs. English majors find success in many fields. The ability to read thoughtfully and use language with precision and confidence is of great value," said Dr. Curtis Lowe, dean of Ashford University's College of Arts and Sciences.
Ashford University's bachelor's degree in English is currently available online. It does not include any additional professional licensures or certifications.
About Ashford University
Founded in 1918, Ashford University is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools (http://www.ncahlc.org). The University offers graduate and undergraduate degree programs online and at its Clinton, Iowa, campus. The University is known for its high quality yet highly affordable online and on-campus programs. For more information, please visit http://www.ashford.edu or call Shari Rodriguez, director of Public Relations, at 858.513.9240 x2513.
About Bridgepoint Education
Bridgepoint Education's postsecondary education services focus on offering associate's, bachelor's, master's and doctoral programs in such disciplines as business, education, psychology, social sciences and health sciences. Bridgepoint Education's regionally accredited academic institutions - Ashford University and University of the Rockies - deliver their programs online as well as at traditional campuses located in Clinton, Iowa, and Colorado Springs, Colorado. For more information about Bridgepoint Education, visit http://www.bridgepointeducation.com or call Shari Rodriguez, director of Public Relations at 858.668.2580.
Source: Bridgepoint Education, Inc.
CONTACT: Shari Rodriguez, Director of Public Relations of Bridgepoint
Education, Inc., +1-858-668-2580, firstname.lastname@example.org
Mobiletag is already a downloadable application on all major
mobile stores: Android, Iphone, Blackberry, Windows... And now on NOKIA OVI
Mobile Tag has always tried to develop new technology from the
consumer's point of view, and the mobiletag Universal Reader & shopping on
OVI Store is no exception.
The concept behind this application is to send, receive and
share information and best prices to everyone and for everyone through all
standardized barcodes. The millions clients of NOKIA across the world have
now the possibility to update their mobiletag application already embedded or
to download the latest version.
Scanning a barcode with your Nokia mobile phone is simply
taking a picture of it with your phone, using the mobiletag application.
Mobiletag on OVI Store is free!
Go to OVI Store and enter "mobiletag".
Mobiletag: Universal Reader available on OVI Store
For the first time, your mobile phone can scan the three international
standard barcodes with a single application. Mobiletag scans 1D barcodes (EAN
13, UPC, etc.) and 2D barcodes (Datamatrix, flashcode, Fotokody, QR-Code,
etc.). This version is, for the moment, compatible with the latest mobile top
sales of NOKIA (N97 & 5800 coming soon).
Finally, a Universal reader that is truly Universal!
In addition to the Universal reader, mobiletag has developed a
shopping offer based on product price comparator. Consumers can compare the
best offers from different merchants.
The price comparator works on 1D barcodes.
Initially, you can compare prices offered by websites. You
will then also be able to get product information from stores around you.
Get the best price and purchase products using your Nokia
mobile phone, or go to the store to find your product.
There are 1D barcodes everywhere around us so scanning can
become a game; however, mobiletag really allows you to save money on your
About Mobile Tag.
Innovative company, Mobile Tag is a leading software developer
specialising in mobile handset software solutions.
In 2006, the company launched mobiletag, an embedded software application
that allows mobile phones to read 2D barcodes, otherwise known as tags,
simply by using the phone's camera. Mobile Tag developed the software to
create quick access to external content.
Mobile Tag received a venture capital investment of 4 million euros in
October 2008, funded by new lead investor Alven Capital and by existing
shareholders (XangeCapital and IDF Capital). This capital increase will allow
mobiletag to pursue its international growth strategy in the market of
barcodes (Europe, USA). mobiletag has already established business
partnerships with the major mobile network Operators and with international
SpiveyWorks Becomes a 'Front Runner' With the Release of Its Newest Application, SpiveyWorks Notes
SpiveyWorks Notes in combination with the Windows Azure platform helps enable customers to use their computer or mobile phone to take and share mobile notes easier and faster
CHARLOTTE, N.C., March 5 -- SpiveyWorks today announced it will launch a new application using the Windows Azure Platform. SpiveyWorks Notes in combination with the Windows Azure platform helps enable customers to use their computer or mobile phone to take and share mobile notes easier and faster. The Windows Azure platform, Microsoft's cloud services platform, provides SpiveyWorks with the ability to build, manage, and deploy cloud based applications.
"Through the technical and marketing support provided by the Front Runner program, we are excited to see the innovative solutions built on the Windows Azure platform by the ISV community," said Doug Hauger, general manager for Windows Azure Microsoft Corp. "The companies who choose to be a part of the Front Runner program show initiative and technological advancement in their respective industries."
"Windows Azure platform provides greater choice and flexibility in how we develop and deploy web-based applications to our mobile worker customers, both on-premises or in the cloud," said Michael Spivey, CEO of SpiveyWorks.
SpiveyWorks Notes automates critical processes such as mobile worker information systems that support decision-making on the go, conveniently using devices commonly held by today's mobile worker. Windows Azure was a critical component of the platform, providing the reliability and scalability our customers demanded.
Founded in 2003, SpiveyWorks is a software company that creates innovative web-based software to increase productivity of mobile workers.
Product or service names mentioned herein are the trademarks of their respective owners.
For more information, press only:
CONTACT: Michael Spivey of SpiveyWorks Corporation, +1-919-971-2998,
Identive Group Announces Fourth Quarter 2009 and Year End Results
SANTA ANA, Calif. and ISMANING, Germany, March 5 -- SCM Microsystems, Inc. d.b.a. Identive Group (Nasdaq: INVE; Frankfurt Stock Exchange: INV), a provider of products, services and solutions for the security, identification and RFID industries, today announced final results for its 2009 fiscal fourth quarter (Q4) and year (FY).
Q4 2009 Results
On April 30, 2009, the Company completed its merger with Hirsch Electronics Corporation, and the Company's financial results have included operating results for the Hirsch subsidiary since the date of acquisition. All figures are reported in accordance with U.S. GAAP.
Revenue in Q4 2009 was $11.9 million, in line with the estimate provided on January 21, 2010 and up 32% from $9.0 million in Q4 2008. The increase in Q4 2009 revenues was due to the inclusion of revenue from the Hirsch business unit, partially offset by lower revenues from the SCM smart card reader and digital media reader businesses.
Gross profit margin was 37% in Q4 2009, compared with 46% in the Q4 2008, as a result of a $0.8 million write-off of inventory related to terminals for the stalled German eHealth program, as the government authorities in Germany have indefinitely halted broad implementation of the project.
Operating expenses were $11.3 million in Q4 2009, up 111% from $5.4 million in Q4 2008. The increase primarily was due to the inclusion of operating expenses relating to the Hirsch business, as well as $1.3 million in transaction costs primarily related to the acquisition of Bluehill ID, which were above the estimate of $1.0 million provided on January 21, 2010. Operating loss was $(6.9) million in Q4 2009, compared with operating loss of $(1.2) million in Q4 2008.
Loss from continuing operations in Q4 2009 was $(8.5) million, or $(0.34) per share, compared with loss from continuing operations of $(3.7) million, or $(0.23) per share in Q4 2008. Included in Q4 2009 is a $1.4 million impairment charge related to the write off of equity investments related to the Company's investment in TranZfinity, Inc. and a related impairment charge of $0.6 million for the exclusivity fees paid to TranZfinity, which was recorded as an intangible asset in the consolidated balance sheet.
Cash and cash equivalents at the end of Q4 2009 were $4.8 million, down from $6.2 million at the end of the previous quarter.
FY 2009 Full Year Results
Total revenue was $41.3 million in FY 2009, in line with the estimate provided January 21, 2010 and up 46% compared with $28.4 million in FY 2008. The increase in FY 2009 revenues was due to the inclusion of eight months of revenue from the Hirsch business unit, partially offset by lower revenues from the SCM smart card reader and digital media reader businesses.
Gross profit margin in FY 2009 was 45% of revenue, compared to gross profit margin of 44% in FY 2008. During FY 2009, gross profit margin was positively impacted by the inclusion of sales of higher-margin Hirsch products in the second, third and fourth quarters, offset by the Q4 2009 inventory write-off described above.
Operating expenses were $32.0 million in FY 2009, up 59% compared with operating expenses of $20.1 million in FY 2008, primarily due to transaction costs and the addition of eight months of expenses for the Hirsch business in FY 2009. Operating loss was $(13.5) million in FY 2009, compared with ($7.6) million in FY 2008.
The Company reported a loss from continuing operations in FY 2009 of $(14.6) million, compared with a loss from continuing operations of $(10.5) million in FY 2008.
"The 2009 merger with Hirsch Electronics was a true transformation for SCM, moving the Company into a leadership position in the area of convergence of physical and logical access control. With the January 2010 business combination with Bluehill ID, we now have the critical components with which to begin to build the signature company in the secure ID market," said Ayman S. Ashour, CEO and Chairman of Identive. "Our focus now is on vigorous cost reduction to bring down the inflated overhead costs of the Company and to stabilize our financial base. Going forward, we aim to capitalize on our unique position in the market with strong organic growth and continued execution of our acquisition strategy in a more economic manner that reduces the historically high transaction costs. Ultimately, the executive management and the Board are committed to completing the transformation of the company into profit driven growth that delivers value to our stakeholders."
About Identive Group
Identive Group (Nasdaq: INVE; Frankfurt Stock Exchange: INV) is an international technology group focused on building the world's signature company in secure identification-based technologies. Through its group of recognized brands, Identive provides leading-edge products and solutions in the areas of physical and logical access control, identity management and RFID systems to governments, commercial and industrial enterprises and consumers. The organization's growth model is based on a combination of disciplined acquisitive development and strong technology-driven organic growth from its member companies. For additional info visit: http://www.identive-group.com
NOTE: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include, without limitation, the statements by Ayman S. Ashour, including statements about our focus on cost reduction to reduce our expense overhead, reducing the transaction costs of acquisitions, achieving strong organic growth, achieving profit driven growth and building the signature company in secure ID. These statements are based on current expectations or beliefs, as well as a number of assumptions about future events that are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated herein. Our financial results may not meet expectations, we may not become profitable and we may not be successful in our strategy of pursuing both organic and acquisitive growth. Readers should not unduly rely on these forward-looking statements, which are not a guarantee of future performance and are subject to a number of risks and uncertainties, many of which are outside our control, that could cause our actual business and operating results to differ, including, but not limited to, our ability to successfully integrate the Bluehill ID business into ours; our ability to effect significant reductions in our expense base; we may not be able to reduce the transaction costs associated with mergers and acquisitions; our ability to grow the Company based on a strategy of providing products, components and services for the identification systems value chain; our ability to complete additional acquisitions that add to the value of our Company; our ability to complete transactions for mergers and acquisitions at a lower cost than in the past; our ability to grow market share and revenues based on participation in early stage markets for contactless products; our ability to successfully develop and introduce new products that satisfy the evolving and increasingly complex requirements of customers; the markets in which we participate or target may not grow, converge or standardize at anticipated rates or at all, including the identification and identity markets that we are targeting; and we may not successfully compete in the markets in which we participate or target. For a discussion of further risks and uncertainties related to our business, please refer to our public company reports, including our Annual Report on Form 10-K for the year ended December 31, 2008 and subsequent reports filed with the U.S. Securities and Exchange Commission.
All trade names are trademarks or registered trademarks of their
- FINANCIALS FOLLOW -
SCM MICROSYSTEMS, INC. d.b.a. IDENTIVE GROUP
Condensed Consolidated Statements of Operations
(In thousands, except per share data)
Three months ended Twelve months ended
December 31, December 31,
2009 2008 2009 2008
---- ---- ---- ----
Revenues $11,865 $8,985 $41,315 $28,362
Cost of revenues 7,432 4,856 22,804 15,817
----- ----- ------ ------
Gross profit 4,433 4,129 18,511 12,545
----- ----- ------ ------
Research and development 1,286 844 5,062 3,902
Sales and marketing 4,949 2,611 15,584 9,620
General and administrative 4,426 3,356 12,091 8,075
Impairment of intangibles 647 - 647 -
Gain on sale of assets - (1,455) (1,417) (1,455)
--- ------ ------ ------
Total operating expenses 11,308 5,356 31,967 20,142
------ ----- ------ ------
Income (loss) from operations (6,875) (1,227) (13,456) (7,597)
Loss and impairment on equity
investments (1,449) (256) (2,244) (256)
Interest and other, net (406) (1,588) (411) (1,881)
---- ------ ---- ------
Loss from continuing operations
before income taxes (8,730) (3,071) (16,111) (9,734)
Benefit (provision) for income
taxes 242 (601) 1,549 (752)
--- ---- ----- ----
Loss from continuing
operations (8,488) (3,672) (14,562) (10,486)
Gain (loss) from
discontinued operations 36 (486) 226 (213)
Gain (loss) on sale of
discontinued operations 41 36 157 589
--- --- --- ---
Net loss $(8,411) $(4,122) $(14,179) $(10,110)
======= ======= ======== ========
Loss per share from continuing
Basic and diluted $(0.34) $(0.23) $(0.66) $(0.66)
Gain (loss) per share from
Basic and diluted $0.00 $(0.03) $0.02 $0.02
----- ------ ----- -----
Net loss per share:
Basic and diluted $(0.34) $(0.26) $(0.64) $(0.64)
------ ------ ------ ------
Shares used in computing loss
Basic and diluted 25,135 15,744 22,013 15,743
----------------- ------ ------ ------ ------
Note: Financial results contained in this release reflect continuing
operations of the Company's Security and Identity Products and Digital
Media and Connectivity businesses only. The Company completed the sale of
its Digital TV solutions business in May 2006; therefore, financial
results for the Digital TV solutions business are being accounted for as
SCM MICROSYSTEMS, INC. d.b.a. IDENTIVE GROUP
Condensed Consolidated Balance Sheets
December 31, December 31,
ASSETS 2009 2008
------ ---- ----
Cash and cash equivalents $4,836 $20,550
Accounts receivable, net 6,739 8,665
Inventories, net 5,379 5,065
Other current assets 1,921 1,139
Total current assets 18,875 35,419
Equity investments - 2,244
Property, equipment and other assets, net 1,719 3,168
Goodwill 21,895 -
Intangibles, net 22,082 307
Total assets $64,571 $41,138
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable $5,530 $3,555
Accrued expenses and other current liabilities 9,231 7,933
Total current liabilities 14,761 11,488
Long-term income taxes payable 456 184
Long-term liabilities to related parties 7,899 -
Deferred tax liability 3,515 1,340
Stockholders' equity 37,940 28,126
Total liabilities and stockholders'
equity $64,571 $41,138
Source: SCM Microsystems, Inc.
CONTACT: United States, Darby Dye, +1-949-553-4251,
email@example.com, or Europe, Fabien B. Nestmann, +41 44 783 8043,
firstname.lastname@example.org, both of SCM Microsystems, Inc.
Companies Will be Able to Reach Almost 1 Billion Customers via Smartphone Applications by 2013
BERLIN, Germany, March 5, 2010--
- Worldwide Smartphone Application Download Market Will Reach
US$15.65 Billion by 2013, Representing a Significant Revenue Opportunity for
The worldwide number of consumers using smartphone applications will grow
from 102 Million (2009) to 974 Million in 2013, according to
research2guidance. The new report focuses on the corporate perspective of app
publishing for smartphone devices. Currently, only 10% of Fortune 2000
companies are targeting their customers with a smartphone application.
"Despite the hype around the iPhone and other cutting-edge devices,
corporations are only just beginning to realize that smartphone applications
offer a direct channel to their customers," explains Ralf-Gordon Jahns,
Research Director at research2guidance.
Virtually all of the "first mover" companies selected the Apple App Store
as the publishing platform for their first application. In 2010 with the
increased number of application stores available, any app publisher will have
to carefully select where to promote their applications. "Our App Store
Ranking shows that there are other app stores besides the Apple App Store
that offer good publishing opportunities in 2010," explained Ralf-Gordon
Jahns. "Especially independent stores like Handango or Mobihand scored high
in our rankings".
The vast majority of corporate early adopters have published applications
to give access to their core products or for promotional purposes (91%). Only
a minor share (9%) use applications as a stand-alone product. With the market
for app downloads poised to grow from US$1.94 billion in 2009 to US$15.65
billion in 2013, companies will begin to focus more on application business
models which offer additional revenue opportunities.
"To succeed in the dynamic app market, corporate publishers must leverage
their internal assets to be able to effectively compete against the mass of
specialized developers" Jahns concludes. "These include existing marketing
channels, service platforms and infrastructure that give them a key advantage
over mobile specialists."
Additional information is available in the research2guidance report,
"Global Smartphone Application Report 2010." More information is available on
the research2guidance website at http://www.research2guidance.com/shop/.
research2guidance (http://www.research2guidance.com/) is a Berlin-based
research organization specialized on the mobile industry. The company's
service offerings include comprehensive market studies, as well as bespoke
research and consultancy.
Contact: Robert Kuersten, research2guidance, +49-30-609-893-366, email@example.com
Kingdee Opens its First R&D Centre Outside of China
Kingdee recognises Singapore as an important ICT hub in the region
SINGAPORE, March 4 -- Kingdee International Software Group Company Limited, a leading provider of enterprise management software and e-Business application solution in the Asia-Pacific region, today announced the official opening of its corporate premises and Research & Development Centre in Singapore. Mr. Robert Xu, Chairman of Kingdee International Software Group and Mr. Leo Yip, Chairman, Singapore Economic Development Board led today's ceremonial opening at the Raffles City Convention Centre.
Kingdee, which has been operating here since early last year, established its Asia R&D facility in the country as a testament to its long-term investment commitment and recognition of Singapore's role as ICT hub in Southeast Asia.
"Kingdee chose to establish its South East Asia R&D Centre in Singapore as it provides a strategic platform for leading hardware, software and IT services and Internet companies to tap into new business opportunities in the region. The Singapore Government has been fully supporting the growth of the ICT industry and enabling excellent infrastructure. IT companies from across the value chain are drawn to Singapore because of its robust intellectual property protection regime, good logistics connectivity, and easy access to global talent." Mr. Xu said.
"We congratulate Kingdee on the opening of its first R&D centre outside of China, here in Singapore. Kingdee's R&D centre is the first software development initiative by a leading Chinese software company in Singapore. The investment attests to Singapore's strong capabilities for innovation and knowledge intensive activities. Kingdee's expansion also reflects Singapore's growing role as a strategic location for Asian enterprises in their regionalisation and internationalisation thrust." said Mr Leo Yip, Chairman, Singapore Economic Development Board.
The new office and R&D Centre in Singapore is Kingdee's latest initiative to expand its network of competencies into strategically important regions. With this new set-up, Kingdee now operates its first R&D Centre outside of China to support the South East Asia market.
Kingdee Singapore will provide a variety of services for the ASEAN region that include research, development and software-related management consultation, implementation and technical support services. Kingdee customers come from diversify industries that include manufacturing, wholesales /retail, service, trading and logistics.
ERP solutions are the core of most companies' IT applications and over the past decades, ERP has evolved and is considered a mature market. However, companies are always on the lookout for next-generation ERP solutions that have new capabilities and are easy to use and deploy.
"Kingdee will continue to invest in the creation and development of enterprise management software technology, improve its range of offerings to companies of various sizes and scales. We will remain steadfast in supporting our customers in this part of the region to improve their strategic business planning, and to enable enterprises to achieve faster returns on their investments, reduce total costs and own a flexible IT infrastructure that accelerates business growth." said Zeng Liang, Senior Vice President and General Manager of Kingdee Asia Pacific, Kingdee International Software Group.
Kingdee enterprise software suite includes enterprise resource planning, customer relationship management, knowledge management and business process management. With a strong heritage in the industry since 1993, Kingdee provides management consultation and information services to over 600,000 enterprises, government departments and organisations around the world.
Kingdee International Software Group Company Limited (HK Stock Code: 268) is a leading provider of enterprise management software and e-Business application solution in the Asia-Pacific region, one of the fastest-growing independent software vendors in the global market, and a leading provider in China's software industry, Kingdee is engaged in developing and selling enterprise management software and e-Business application software, and middleware of e-Business and e-government platforms for enterprises or government. Kingdee also provides software-related management consultation, implementation and technical support services for worldwide customers. With its unique product and service position of "Fast Configuration, Fast Implementation, Fast Application, and Fast Results," Kingdee is able to help customers to easily face the challenges of uncertainty brought by the dynamic business environment, perfectly integrate the business processes and information technology, effectively manage changes, and ensure the fast, sustainable and healthy growth of the organization.
Digi Launches ConnectCore Wi-i.MX51 Digi JumpStart Kit at Embedded World Nuremberg
-Kit speeds development of low power, wireless multimedia devices-
MINNETONKA, Minn., March 4 -- Digi International (NASDAQ: DGII) today introduced the ConnectCore(TM) Wi-i.MX51 Digi JumpStart Kit(R) featuring the ConnectCore Wi-i.MX51, the industry's first core module designed specifically for low power, wireless multimedia applications. The kit includes all of the tools necessary to make wireless product development easy including development board, Windows Embedded CE 6.0 R3 board support package and a 7" WVGA LCD. The ConnectCore Wi-i.MX51 enables wired and 802.11n networking for low power embedded applications with demanding performance requirements such as medical devices, digital signage, transportation, security and surveillance, point-of-sale equipment and industrial automation technology. Kits will be available at Embedded World Nuremberg on Digi's booth located in Hall 12, booth 12-244.
"The ConnectCore Wi-i.MX51 Digi JumpStart Kit features all of the tools necessary to build network enabled low power, wireless devices with leading user interface and multimedia capabilities," said Larry Kraft, senior vice president of global sales and marketing, Digi International. "Design engineers can focus on other elements of a product design allowing organizations to get to market quickly."
The ConnectCore Wi-i.MX51 is a 32-bit module featuring the new high- performance Freescale i.MX515 ARM(R) Cortex(TM)-A8 processor with 600 and 800 MHz processor speeds. With Freescale's 10-year processor availability guarantee and Digi's five-year product warranty, it is an outstanding long- term availability solution.
The ConnectCore Wi-i.MX51 features 10/100 MBit Ethernet networking and a pre-certified 802.11a/b/g/n wireless interface. Pre-certification eliminates the need to certify wireless products which can be costly and time consuming. It also includes powerful image/video processing and dual-display capabilities, an on-chip hardware encryption accelerator, industrial temperature rating, integrated accelerometer and ZigBee connectivity options. ConnectCore Wi-i.MX51 early availability Digi JumpStart kits for Windows Embedded CE 6.0 R3 are available now for US$795. Embedded Linux support is also available. Customization capabilities are available through Spectrum Design Solutions, Digi's design and wireless consulting division. For more information, visit http://www.digi.com/ccwimx51 .
About Digi International
Digi International is making wireless M2M easy by developing reliable products and solutions to connect and securely manage local or remote electronic devices over the network or via the Web. Digi offers the highest levels of performance, flexibility and quality, and markets its products through a global network of distributors and resellers, systems integrators and original equipment manufacturers (OEMs). For more information, visit Digi's Web site at http://www.digi.com/ , or call +852-2833-1008.
All brand names and product names are trademarks or registered trademarks of their respective companies.
Channel Marketing Manager, Asia Pacific
Source: Digi International
CONTACT: Kylie Chan of Digi International, Channel Marketing Manager,
Asia Pacific, +852-2833-1008, fax, +852-2572-9989, firstname.lastname@example.org
Priceline.com Announces Pricing of $500 Million Private Offering of Convertible Senior Notes and Common Stock Repurchase
NORWALK, Conn., March 4 -- Priceline.com Incorporated (NASDAQ:PCLN) announced today the pricing of $500 million principal amount of Convertible Senior Notes due 2015 through a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
The notes will pay interest semiannually at a rate of 1.25% per annum. In certain circumstances, the notes may be converted into cash up to their principal amount, and into shares of priceline.com common stock and/or cash at the Company's election for the conversion value above the principal amount based on a conversion rate of 3.2997 shares of common stock per $1,000 principal amount of the notes (which is equal to a conversion price of approximately $303.06 per share, representing a 30% conversion premium based on the closing price of $233.12 per share on March 4, 2010).
Priceline.com estimates that the net proceeds from the offering of notes will be approximately $488,400,000 million, after deducting estimated fees and expenses. Priceline.com granted the initial purchasers a 30-day option to purchase up to $75 million principal amount of additional notes solely to cover over-allotments.
Priceline.com plans to use the net proceeds from the offering of the notes to repurchase approximately $100 million of its outstanding common stock in privately negotiated, off-market transactions, which may be effected through one or more of the initial purchasers of the notes or their respective affiliates, concurrently with the offering. The net proceeds will also be used for general corporate purposes, which may include repurchasing shares of priceline.com common stock in the open market or in privately negotiated transactions from time to time, repaying outstanding debt and corporate acquisitions.
The sale of the notes and the repurchase of the shares of common stock are expected to close on March 10, 2010.
This notice does not constitute an offer to sell or a solicitation of an offer to buy securities. Any offers of the securities will be made only by means of a private offering memorandum. The notes and any priceline.com common stock issuable upon the conversion of the notes have not been registered under the Securities Act of 1933, as amended or the securities laws of any other jurisdiction and may not be offered or sold absent registration or an applicable exemption from registration requirements.
Source: Priceline.com Incorporated
CONTACT: Brian Ek, priceline.com Incorporated, +1-203-299-8167,
Independent Production Company WorldsLastHero Productions Sets Its Slate of Films
LOS ANGELES, March 4 -- Up-and-coming actor/writer/director/producer Jeremiah Sayys and his producing partner Sheila Ryan have been very busy producing a slate of films under their independent production company, WorldsLastHero Productions. Two of their films, The Legends of Nethiah and Jeremiah Sayys' directorial debut Of Silence, are currently in post-production and are both slated to be released at the end of the year. The Legends of Nethiah is a sci-fi fantasy film that tells the story of a young boy, whose parents are going through a bitter divorce, that is given hope and courage through the powerful stories embellished by his grandfather. The stories give the boy the inner strength and resolve to confront the inevitable challenges which lie ahead. Of Silence is a psychological thriller about an ailing former scuba diver facing extremely tough times who begins experiencing otherworldly incidents.
Sayys and Ryan have currently went into production on Ryan's writing and directorial debut Opious, which started filming last week, that stars Jeremiah Sayys and up-and-coming actor Paolo Cruz as ghost hunters that, along with their group of ghost hunters, track down a journal said to belong to a demonic cult's leader and upon finding it they unleash an unseen evil. Films that Sayys and Ryan are in pre-production on are the drama/horror/thriller DeadLands Cry, the werewolf horror film Wulf, and the dark comedy Smoke Jokers.
In DeadLands Cry, a morally upstanding single father and his strong-willed teenage daughter are put to the test when volunteers renovating an old schoolhouse find themselves trapped and hunted by an inconceivable monster with an ominous past that reaches deep into local legend. Wulf is the story of a mechanic struggling to make peace with his tragic past while battling an inner monster from folklore legend, after being attacked by an injured wolf in Alaska. Smoke Jokers was written by Ryan and her brother Sean Ryan and it tells the story of Grant McCadden and his band Smoke Jokers trying to find success while being harassed by a duo of bike cops with a newfound personal vendetta.
Sayys will write, direct, produce and star in both DeadLands Cry and Wulf. Ryan will produce with Sayys on both projects. As for Smoke Jokers, Sayys and Ryan will also produce and are currently seeking a director. Raquel Castro, from Jersey Girl, and Hanieh Jodat, from the short film Rabia, have signed on to DeadLands Cry. Jodat has also signed on to help produce DeadLands Cry. Seems that WorldsLastHero Productions will be busy this year and for years to come.