Paltel Announces Cash Dividends Distribution of US$0.49per Share Amounting to US$64.98mn During its General Assembly
RAMALLAH, Palestine, April 6, 2010-- At the end of March, the Palestine Telecommunications Company,
Paltel convened its Ordinary General Assembly in Jericho, Palestine where
shareholders approved the Company's management and financial reports. It also
decided to distribute cash dividend to shareholders for the year 2009 in the
amount of US$0.49 per share amounting to US$64,977,080.
The Company's Chairman of the Board, Mr. Sabih Masri thanked
shareholders for their confidence and praised the executive management and
Company staff for their relentless efforts to preserve the Company's service
and financial leadership in a very strenuous economic and political
landscape. "We remain committed to our economic and social development roles
in Palestine while maintaining steady growth and rewarding our shareholders
with sustained profits", stated Mr. Masri in his address to the quorum. "We
will continue to improve efficiency and optimize operations focusing on our
core business and relying on outsourcing for non-core services. Our
operational indicators demonstrate more promise to enhancing our mobile
operation, increasing our fixed line subscriber base and forging ahead with
added attention to data and broadband communications. That is the future
direction of the industry, and our Group is positioned to sail confidently
into the new market horizons" added Mr. Masri.
According to 2009 financial statements, consolidated revenue
reached a total of US$444.41million, achieving a 5.36% growth compared with
2008. Paltel has achieved a 6.01% growth in its operating profits reaching
US$147.19 million compared with US$138.84million in 2008. The Company's net
profit reached US$99.21 million. The subscribers' base of the Company grew by
30% to reach 2,263,120 subscribers by the end of 2009 compared with 1,744,433
subscribers as of December 31, 2008. The number of mobile subscribers reached
1.80 million by end of 2009, whereas, fixed line subscribers reached 370,638
and ADSL subscribers reached 92,482 by the end of 2009.
The Board of Directors' recommendation to the General Assembly
to distribute a 35% of the shares par value (US$1.41) as cash dividend was
approved; committing the Company to distribution of US$64,977,080. The CEO of
Paltel Group, Mr. Ammar Aker stated, "The Company has once more responded to
demands by shareholders to distribute fair dividends. We are committed to our
shareholders, our customers and our employees where we hope to continue to
grow and improve our services focusing on core telecom services in an
increasingly competitive but promising environment."
Hollywood Unveils Armchair Revolutionary(TM) Website Allowing Individuals to Support Science and Technology Innovations Through Social Gaming Platform
New Site Offers Crowd-sourced Social Activism, including Strategic Actions and 99-cent Contributions for Funding World-changing Social Projects
LOS ANGELES, April 6 -- Armchair Revolutionary (ArmRev.Org) today launched the world's first website that combines social gaming and social activism for supporting innovative science and technology projects (http://www.armrev.org/). The site is also the first to offer the public the opportunity to help micro-finance for-profit social ventures through its integration with leading virtual economy platform Live Gamer.
One key feature is dramatically reduced transaction costs, which until now have been cost prohibitive to micro-financing. For the same cost of downloading a tune on other sites, visitors can support pioneering technology research projects.
ArmRev.Org will be the platform for funding games-for-change, serious games, and alternative reality game projects developed by the Play4Change Lab - a collaboration between The Hollywood Hill, the largest social change membership organization in the entertainment industry, and USC's Game Institute. The site will also be the platform for funding documentary film projects developed by The Hollywood Hill.
About the Projects
The site is launching with three ground-breaking projects. "Make Waves" is a video game incorporating sensors, simulation, and augmented reality for a social activism tool that aids ocean sustainability. "Hack Your Body" equips users for the fast-approaching Genomics Revolution, supporting the Personal Genome Project (led by Harvard Professor George Church), development of software for DNA analysis, and a commercial documentary film. "End of Darkness" brings users together to support three of the world's leading energy and micro-financing organizations (E+Co, Grameen Foundation, Selco India) in launching the first publicly financed international clean energy company selling and servicing low-cost solar power kits to the world's poor. The organization invites the world's innovators to submit their projects for review.
About Armchair Revolutionary
Armchair Revolutionary is a social gaming website that enables the public to support worldchanging science and technology projects. Armchair Revolutionary is a trademark of Armchair Revolutionary LLC. Armchair Revolutionary is a not-for-profit California LLC, wholly-owned by Social Change Innovators, a California 501(c)(3).
Source: Armchair Revolutionary
CONTACT: Jocelyn King of Armchair Revolutionary, +1-310-751-0406,
Savvis Signs Contract to Provide Managed Services for All Nippon Airways
Three year agreement provides scalable, secure and flexible IT infrastructure services for ANA Group's Web sites and intranet sites
TOKYO, April 6 -- Savvis, Inc. (NASDAQ:SVVS), a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced that Savvis has signed a contract to provide managed services for 70 of All Nippon Airways Co., Ltd. corporate Web sites.
Under the three year agreement, Savvis will provide an IT infrastructure solution supporting ANA Group's corporate Web sites and intranets spanning 90 domains. ANA will deploy Savvis' managed hosting services, as well as managed security services, which include network intrusion detection, managed firewalls and managed network services.
The services will be available on a global basis and delivered from Savvis' Tokyo data center, which was recently expanded by approximately 3,700 square feet of raised data center floor space to accommodate increased demand for cloud and hosted IT infrastructure solutions.
ANA Group selected Savvis' managed IT infrastructure services to reduce its capital expenditures and operational costs. Historically, ANA Group managed its own Web sites in-house, but it needed scalability, higher availability and enhanced security. The fast changing nature of ANA Group's companies require rapid provisioning in server capacity to support the delivery of new technologies.
"ANA is one of the world's most highly regarded travel companies, and I am delighted that they have chosen Savvis' managed hosting services," said Mark Smith, Savvis managing director for North Asia. "Japanese enterprises are increasingly turning to hosted IT infrastructure solutions that provide immediate business benefits, and we look forward to serving them from our newly expanded data center in Tokyo."
Savvis' hosting services allow for higher quality of operations and increased security and infrastructure scalability to meet enterprise-level requirements. These solutions are backed by service level agreements (SLAs) based on server availability. This is in contrast to conventional hosting in Japan, which traditionally only offers SLAs for the data center facility.
Savvis is ISO 27001 certified, which is the global standard for information security management. It has achieved this certification in Asia and Europe for three consecutive years.
Reason ANA introduced Savvis
Masahiro Tsukiji, Assistant Manager of Technology and Architecture, Information Technology Services of ANA, said: "ANA Group's corporate Web sites and intranet sites are an indispensable form of communication with stakeholders, such as our customers and the employees of our affiliated and group companies. However, as each company of the group historically planned and constructed each corporate site individually, many small and medium scale Web sites existed, which resulted in high development and maintenance costs for the entire group. There was an urgent need to enhance Web site governance, reduce costs and increase flexibility. We require 24/7 monitoring, high levels of security within the IT environment, and solid SLAs. Choosing Savvis has enabled our IT team to move away from the day-to-day operation and management of IT infrastructure and enable our IT team to focus on other core business initiatives including ANA Sky Web."
Koji Taiga, Managing Director of Japan for Savvis said: "ANA is one of the world's leading airline companies, and a large number of people visit their corporate Web sites each day. By working with Savvis, their IT team has gained efficiencies and can now focus on driving a competitive advantage. We are delighted to have them as a customer, and we look forward to supporting their growth in the future."
Globally, Savvis operates a Tier 1 application transport network and 28 data centers with more than 1.4 million square feet of raised floor space designed to support enterprise IT operations. In addition, Savvis was positioned as a leader in the Gartner Magic Quadrant for Web Hosting and Cloud Infrastructure (on Demand), 2009, which can be accessed at http://www.savvis.net/magicquadrantleader.
Savvis, Inc. (NASDAQ:SVVS) is a global leader in cloud infrastructure and hosted IT solutions for enterprises. More than 2,500 unique customers, including 30 of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information visit http://www.savvis.com or visit http://www.savvis.jp
Savvis Forward-Looking Statements
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from Savvis' expectations. Certain factors that could affect actual results are set forth as risk factors in Savvis' SEC reports and filings, including its annual report on Form 10-K and all subsequent filings as well as the risk that potential product cost and performance benefits may not be realized for any particular customer. Savvis assumes no obligation to update or supplement forward-looking statements.
PopCap Launches Plants vs. Zombies(TM) HD App for iPad(R)
DUBLIN, April 6, 2010--
- Latest Adaptation Takes App Store Mega-Hit Game to New Heights;
Highlights Multi-Touch Capability With New Features and Exclusive Mini-Game
PopCap Games, maker of some of the world's most popular video games,
today announced its Plants vs. Zombies(TM) HD app for iPad(R) is now
available on the App Store in North America. Since its introduction on the
iPhone(TM) and iPod(R) touch in February, Plants vs. Zombies has sold more
than 650,000 units. With this latest adaptation, PopCap is propelling the
Plants vs. Zombies franchise to new heights - delivering even more great
gameplay and exclusive features tuned specifically for iPad. The Plants vs.
Zombies HD app for iPad is available for US$9.99 from the App Store on iPad,
or at: http://www.itunes.com/appstore/.
"The iPad is a fantastic platform for gaming, and Plants vs. Zombies HD
allows us to show off the great new features and functionality of this
exciting device," said Andrew Stein, director of mobile business development
at PopCap. "In this adaptation, we've focused on the iPad's Multi-Touch
capabilities and opportunities for new gameplay like the Buttered Popcorn
mini-game that will excite both new and current players."
The Plants vs. Zombies HD app for iPad offers all 50 levels of
Adventure and QuickPlay modes as well as Survival mode from the
original Apple Macintosh and Windows PC game. It also includes
four all-new achievements (for a total of 17) and 18 mini-games,
including Buttered Popcorn - exclusive to the iPad - offering
frantic and fun gameplay where players attack zombies by first
"buttering" them up before firing corn-cob cannons at them.
To defeat the growing hordes of zombies, players can touch them to
place butter on their heads. With the Multi-Touch user interface,
players can select up to eleven zombies at a time, targeted for
"buttering" by the powerful cob cannons. The game's non-stop action
is presented in full 1040x768 resolution, delivering stunning
visual effects rarely seen in mobile gaming.
Originally launched on the PC and Mac in May of 2009 to universal
acclaim, Plants vs. Zombies was introduced for iPhone and iPod touch earlier
this year, where it quickly became a global phenomenon. The game reached the
#1 position on the App Store Top Grossing charts in more than 20 countries
PopCap Games (http://www.popcap.com) is the leading multi-platform
provider of fun, easy-to-learn, captivating video games that appeal to
everyone from age 6 to 106. Based in Seattle, Washington, PopCap was founded
in 2000 and has a worldwide staff of over 260 people in Seattle, San
Francisco, Chicago, Vancouver, B.C., Dublin, and Shanghai. Its games have
been downloaded more than 1 billion times by consumers worldwide, and its
flagship title, Bejeweled, has sold more than 50 million units across all
platforms. Constantly acclaimed by consumers and critics, PopCap's games are
played on the Web, social platforms, desktop computers, myriad mobile devices
(cell phones, smartphones, PDAs, Pocket PCs, iPod, iPhone, iPad and more),
popular game consoles (such as Xbox and DS), and in-flight entertainment
systems. PopCap is the only "casual games" developer with leading market
share across all major sales channels, including social, Web portals, retail
stores, mobile phones, MP3 players, and game devices.
The PopCap logo and all other trademarks used herein that are listed at http://www.popcap.com/trademarks are owned by PopCap Games, Inc. or its
licensors and may be registered in some countries. Other company and product
names used herein may be trademarks of their respective owners and are used
for the benefit of those owners.
Source: PopCap Games International
PR Contact: Ember Wardrop, firstname.lastname@example.org, +353-1-646-8164
Secure Command Changes Name to Invincea(TM), Launches Invincea Browser Protection Product
FAIRFAX, Va., April 5 -- Secure Command, a next-generation security software company, today announced that it has changed its name to Invincea, concurrent with the release of its maiden software product, Invincea Browser Protection. Developed under funding from the Defense Advanced Research Projects Agency (DARPA), Invincea(TM) Browser Protection shields PC users against all types of Web-borne threats by seamlessly moving desktop Web browsers into a controlled virtual environment.
"Web browsers have become the shortest route to money for cybercriminals today," says Dr. Anup Ghosh, Invincea Founder and CEO. "New strains of increasingly sophisticated malware enable cybercriminals to exploit browsers and commit identity theft, financial fraud and espionage."
Due to the staggering number of new browser-based malware variations surfacing daily, current conventional defenses cannot adequately protect individuals and enterprises. "The problem is no longer just a concern for those who protect our national security," according to Ghosh. "It impacts every organization that uses Web browsers to access content, commerce, social networks and Web applications."
Invincea Browser Protection automatically detects and terminates a threat in real time, disposes of the tainted environment, and restarts a pristine one. Unlike other solutions, Invincea does not rely on malware signatures for detection, nor does it rely on users to make correct security decisions. Instead, it automatically identifies malware attacks based on behaviors and actions inside a controlled environment. Invincea(TM) Browser Protection has the same look and feel as familiar native browsers, so users don't have to learn anything new to browse freely and safely.
Invincea's initial market focus will be on federal government agencies, defense and government contractors, and commercial enterprises. For more information, visit http://www.invincea.com.
Invincea, formerly Secure Command, was founded by Anup Ghosh, Ph.D. to build next-generation security software products. The company is currently commercializing technology built under DARPA funding to address the rapidly increasing security threat from Web-based malware. The core concepts underlying this patent-pending technology were proven effective via multiple years of advanced research with an expert team in the Center for Secure Information Systems at George Mason University.
Announcing a Powerful End-to-End Solution to Help Publishers Get Onto the iPad
WoodWing Software and The Wonderfactory assist Time Inc. with creative and technology services for the development of its first digital magazine
NEW YORK, April 5 -- The Wonderfactory, a New York-based digital strategy and design agency focused on publishers and advertisers, and WoodWing Software, supplier of innovative cross-media publishing solutions, have collaborated on a publishing industry first: tools that enable publishers to produce beautifully designed and compelling content for the iPad in almost the same way they create content for print.
The two companies plan to help magazines, book publishers, and advertisers create and distribute interactive, user-focused experiences to the iPad and other mobile devices. The first collaboration is with TIME Magazine's launch coinciding with the April 3 launch of the iPad.
"Using newly-developed InDesign plugins, the layouts for any digital magazine can be enriched with interactive multimedia elements like video, slideshows, and dynamic content," said Erik Schut, president of WoodWing Software. "Magazine designers retain full creative control and can work on print and digital issues in parallel. The process is easily reproduced."
"WoodWing has been at the forefront of content creation technology as long as we've been doing business with them. With the introduction of the iPad, WoodWing has once more shown their commitment to customers by instantly delivering a solution that allows us to publish TIME Magazine on this new device, using our existing staff, knowledge, and systems," said Mitch Klaif, CIO of Time Inc.
"The Wonderfactory has been a valuable partner to our editorial, technology, and business teams," said Monica Ray, GM, SVP at Time Inc.
"The Wonderfactory collaborated with TIME Magazine to design a user experience that takes full advantage of the iPad's touch-screen capability," said David Link, co-founder of The Wonderfactory. "TIME's designers focused on what they do best -- creating elegant print -- while we ensured the integrity of those designs would be preserved when distributed via the iPad."
While The Wonderfactory and WoodWing are focused mostly on large to mid-size publishers, they are also aiming for low-cost solutions for thousands of smaller publishers that are eager to adopt the iPad. Support for other tablet devices is on the agenda with Flex and HTML5 implementations of the Digital Magazine Reader app.
Several hundred thousand iPads have been pre-ordered. Analysts expect Apple to sell around 5 million units in 2010. A survey executed by the analysts of comScore indicated that 34 percent of iPad buyers will use it to read newspapers and magazines. Sixty-eight percent of young consumers indicated a willingness to pay for news and magazines specially formatted for e-readers.
The U.S. Audit Bureau of Circulations already revised the definition of digital magazines. Publishers may now report items as e-reader distribution averages, mobile app purchases, etc. in order to reflect the new audience.
Interested publishers can gather all information about the innovative solution in a webinar hosted by WoodWing on April 15, 2010. For more information, visit http://www.woodwing.com/en/Webinars.
WoodWing creates the most progressive solutions available on the market for the production of print and online publications. Rapid growth worldwide and success across the full spectrum of small to large publishers demonstrate that WoodWing markets the best tools for the best price. WoodWing Software is located in Zaandam, The Netherlands, and has regional sales companies for Europe, the USA, Asia-Pacific, and Latin America. Customers are served through select partners. For more information, please visit http://www.woodwing.com.
About The Wonderfactory
The Wonderfactory has designed addictive web sites, mobile experiences and tablet experiences for some of the world's premier content publishers and advertisers, including TIME, Sports Illustrated, Life, The Weather Channel, NBC Universal, Martha Stewart, National Geographic, ESPN, Food Network, WebMD, the NBA, and Newsweek. For more information visit http://www.thewonderfactory.com.
Whole Foods Market(R) Helps Shoppers Choose Personal Care Products with Confidence and Good Conscience
Company's Premium Body Care(TM) Standards Continue to Hold the Bar High in the Industry and the Aisles
AUSTIN, Texas, April 5 -- As part of its "Be Good to Your Whole Body" campaign in its Whole Body(TM) departments, Whole Foods Market focuses on educating consumers on its Premium Body Care standards for the month of April.
For more than four years, Whole Foods Market's quality standards team has been committed to examining each and every personal care ingredient in products sold nationally in Whole Body. Using the latest scientific research and data, they evaluate each ingredient in four key areas - quality, environmental impact, results and safety. Currently, Premium Body Care lists more than 300 ingredients as unacceptable.
"Our goal two years ago was to provide an easier way for customers to cut through the confusion when looking for natural personal care products," said Jody Villecco, Whole Foods Market's quality standards coordinator. "In the process, Premium Body Care has pushed companies to examine the ingredients in their products and reformulate to meet our Quality Standards. As a result, we've seen an overall shift in the industry for safer, higher quality natural body care products and the availability of natural-based ingredients has expanded significantly."
In-store lectures and podcasts by Whole Body experts will help educate shoppers on Whole Foods Market's Premium Body Care standard. Topics include what to look for on labeling when selecting safer, more natural alternatives, how the Premium Body Care standard defines "natural" for personal care and how this standard challenges product suppliers to reformulate their products and the overall impact this has on the natural body care industry.
Several resources are available online http://www.wholefoodsmarket.com, including a three-part audio podcast series on Whole Story. The first podcast with Whole Foods Market's Lecia Rand, category manager, discusses the challenges of developing affordable natural body care products that meet Premium Body Care standards. A second podcast with Stacy Malkan, author of Not Just a Pretty a Face: The Ugly Side of the Beauty Industry, explores the impact of Premium Body Care on the natural products industry and why these standards are so valuable. The third part of the series, with Prairie Rose Hyde from Alaffia, takes a look into how these standards have impacted suppliers and therefore the natural body care industry as a whole.
About Whole Foods Market®
Founded in 1980 in Austin, Texas, Whole Foods Market (wholefoodsmarket.com, NASDAQ: WFMI), is the leading natural and organic food retailer. As America's first national certified organic grocer, Whole Foods Market was named "America's Healthiest Grocery Store" by Health magazine. The company's motto, "Whole Foods, Whole People, Whole Planet"(TM) captures its mission to ensure customer satisfaction and health, Team Member excellence and happiness, enhanced shareholder value, community support and environmental improvement. Thanks to the company's more than 53,000 Team Members, Whole Foods Market has been ranked as one of the "100 Best Companies to Work For" in America by FORTUNE magazine for 13 consecutive years. In fiscal year 2009, the company had sales of $8 billion and currently has more than 280 stores in the United States, Canada and the United Kingdom.
Swets & Reprints Desk Form Pilot Partnership in the Americas for Document Delivery
RUNNEMEDE, N.J. and SANTA MONICA, Calif., April 5 -- Swets, leading global information services provider, and Reprints Desk, award winning provider of information services and content workflow solutions, announced today their pilot document delivery partnership spanning across the Americas. Reprints Desk's STM Document Delivery services will be integrated into SwetsWise, Swets' intuitive Web interface for subscription management ? benefiting customers with simplified reporting, single source invoicing, and a top-rated service.
"This collaborative venture represents an excellent foundation for growth," states Jose Luis Andrade, President of Swets, Americas. "Reprints Desk is a prominent stakeholder within the information services and document delivery community, offering a seamless channel for content to arrive in the hands of information and research professionals in record time. Document delivery supplied by Swets and Reprints Desk will provide time, cost and compliance benefits, helping address ongoing resource challenges library specialists face on a day to day basis."
Headquartered in Santa Monica, California, Reprints Desk was established in 2006 by Peter Derycz, CEO and President, of Reprints Desk and parent company Derycz Scientific, Inc. As the premier provider of document delivery, Reprints Desk was named number one by Outsell in its 2008 Document Delivery Best Practices and Vendor Scorecard, was included in the 100 companies that matter most according to KM World Magazine, and ranked within the top 20 percent for customer satisfaction in Dun & Bradstreet's 2009 Open Ratings Report.
This partnership will enable Swets Americas to offer Reprints Desk document delivery offerings to its customer base at large.
Swets is the world's leading subscription services company. We build on more than 108 years of experience to maximize the return on investments in time and money for clients and publishers in today's complex information marketplace. With clients in over 160 countries and more than twenty offices around the world, Swets is a true "long tail" powerhouse that provides the most comprehensive and sophisticated ecommerce platform currently available in its field.
Swets has been included in E-Content Magazine's "100 Companies that Matter Most in the Digital Content Industry" for the past five years, and is consistently featured in the top 25% of FEM Business' "Top 500 Companies in The Netherlands". We are the only subscription services company that is ISO 9001:2008 certified on a global basis--a testament to our stringent operation and client service procedures.
About Reprints Desk®
Reprints Desk, Inc. (http://www.reprintsdesk.com) is a business software and information services company that simplifies how research-intensive companies and other organizations procure, manage and share journal articles and other copyright-protected content. The company's content workflow and compliance solutions help customers effectively use peer-reviewed literature in research, regulatory submissions, and product promotions. A channel supplier for more than 100 scientific, technical, and medical (STM) publishers, Reprints Desk earned the #1 ranking in the 2008 Document Delivery Vendor Scorecard by Outsell, Inc., and currently serves companies in life sciences, energy, aerospace, industrial products, food and beverages, consumer packaged goods, information technology, legal, academia and government. Reprints Desk is a Derycz Scientific company. For more information about Reprints Desk, contact Ian Palmer at +1 (707) 658-1931.
Hot Studio Partners With Zinio on Publishing App and Content Approaches for Revolutionary iPad
SAN FRANCISCO, April 5 -- Hot Studio, an innovative experience design company, played a key role in designing and delivering the featured iPad app for Zinio, a global leader in digital publishing technology and services -- and the largest online newsstand in the world.
Hot Studio brought its deep understanding of experience design to the app development team, sketching a product roadmap then rapidly designing and implementing a store, a reader, and new types of content tailored for the iPad.
The free Zinio app, which was available on the iPad's App Store on the day of the device's launch, is a substantive product offering. It enables readers, publishers and advertisers to embrace a new world of interactive, full-color, multimedia magazines on the iPad. And the app offers the unique added benefit of letting readers pay once for a magazine subscription or single issue, then publish that content across different platforms and on a myriad of devices, such as tablets, smart phones, PCs and Macs.
Richard Maggiotto, Zinio Founder, President, and CEO, says, "Hot was an amazing partner on this project. Within a very tight time frame, their people integrated seamlessly with our established team and grasped the subtleties of our business, the platform for which we were designing, as well as what publishers would need from the app. I can't imagine working with a better group of seasoned, engaged professionals."
Hot Studio continues to design and develop new content modules for the iPad with Zinio and its partners, and is working with them to design and deploy additional tools and methods that will help publishers take advantage of this and other exciting, digital platform opportunities.
About Hot Studio
Hot Studio, with offices in San Francisco and New York City, has been designing innovative, award-winning human experiences since founded in 1997. For more information visit http://www.hotstudio.com/.
Through digital products and services, Zinio works closely with publishers worldwide to reinvent reading and enables consumers to shop for, search inside, read, share and save digital content in new ways and on many devices. Zinio is headquartered in San Francisco and has offices in New York, London, Paris, Barcelona and Taipei. For more information visit http://www.zinio.com/
585 Howard Street, First Floor
San Francisco, CA 94105
Envivio Delivers Stunning Live and On Demand HD Video to New Apple iPad
Encoding Innovator Provides Highest Quality Viewing Experience for iPad, iPhone and iPod Touch from Single Delivery Platform
SOUTH SAN FRANCISCO, Calif., April 5 -- Envivio Inc. today announced that its 4Caster C4(2) video encoding/transcoding platform now offers comprehensive support for Apple iPad, enabling delivery of live and on demand high definition (HD) TV services over Wi-Fi and 3G networks for Apple's exciting new device. Available for both the 4Caster C4 and 4Caster C4(2), the enhancement further expands the flexibility of the industry's leading Three Screens video delivery platform, which already powers network operator and over the top TV services for the iPhone, including premium Pay TV, sports and movie content for operators in Europe, coverage of the Olympics and NHL hockey in Canada, and telecomm Mobile TV services worldwide.
New iPad owners can experience the quality of the Envivio video delivery platform for themselves by visiting the Envivio website at http://www.envivio.com and signing up for a free demonstration of HD and SD live streams. Envivio will also utilize the iPad in its Mobile TV and On Demand demonstrations during NAB 2010 (Booth SU4302), April 12-15 in Las Vegas, Nevada.
"Apple devices have been tremendously influential in driving consumer interest in Mobile TV services," said Julien Signes, President and CEO at Envivio. "The combination of Apple's brilliant displays and adaptive streaming technology with Envivio's video over IP platform and compression technology deliver the quality of experience that has driven most successful Mobile TV service launches to date. One only has to look at to the reviews posted to iTunes by users themselves to see the importance that quality has on capturing the interest of subscribers. The iPad promises to open entirely new dimensions of content consumption and Envivio is pleased to deliver the engine that will power that opportunity."
The upgrade for the 4Caster C4(2) takes full advantage of the vivid 9.7-inch LED-backlit iPad display by delivering HD video that is perfectly formatted for the iPad at up to 720p resolution. The exclusive multi-profile output of the 4Caster C4(2) offers the capability to simultaneously service iPads and iPhones, as well as PCs, smartphones and other devices, for unmatched service density. 4Caster C4(2) ingests up to eight IP, four analog or four SDI channel sources and simultaneously encodes and protects the content in multiple profiles using Envivio H264 Extreme(TM) Compression, regarded as the industry's highest quality video codec. This multi-profile encoding enables Apples' adaptive streaming functionality, ensuring the best continuous picture quality regardless of fluctuations in network bandwidth for an exceptional viewing experience.
The iPad support upgrade is available through a simple firmware upgrade to customers with an Envivio Silver or Gold support plan using 4Caster C4(2) systems in Mobile TV or Internet TV configurations. For information about extending other configurations visit http://www.envivio.com. Complete information about Envivio 4Caster C4(2) is also available at the Envivio website.
Envivio makes the world's video content universally enjoyable by all viewers, on any device, across any network, at any time. Since its founding in 2000 as an inventor of video encoding technology, Envivio has amassed dozens of patents, pioneered video-over-IP methods, and continually led with support for emerging technology. Today Envivio solutions deliver millions of content streams to hundreds of different styles of mobile phones, set top boxes, and PC platforms, on behalf of content owners, telecom operators, cable and satellite companies and mobile service providers in every market in the world. Deployment and support are backed by a global staff that is familiar with local technical, regulatory and market guidelines encountered around the world. Envivio is headquartered in South San Francisco, California and has offices in Rennes, France; New York, New York; London, England; Beijing, China; Singapore and Tokyo, Japan.
Envivio is a registered trademark of Envivio Inc. All trademarks used herein, whether recognized or not, are the properties of their respective companies.
Verizon Wireless to Spend $7.8 Million in Kentucky Repainting 3G Network Map Red
Company Adds More High-Speed Capacity to Stay Ahead of Customers' Data Usage
LOUISVILLE, Ky., April 5 -- Verizon Wireless will spend $7.8 million in 2010 repainting its Kentucky map red, adding more capacity to its advanced high-speed 3G network. The enhancements will ensure that Verizon Wireless customers across the state can continue using their wireless devices to access the Internet, view high-quality videos, download music, games and ringtones, and send and receive email.
The project entails installing equipment on hundreds of cell sites across Kentucky, thereby increasing data capacity of the network by as much as 26 percent. This $7.8 million investment is part of the company's overall $29 million being spent on its Kentucky network this year, which will also include building several new cell sites, among other initiatives.
"We stay well ahead of our customers' growing needs by studying their data usage habits and test driving our network to experience firsthand the speeds and quality of our 3G network," said Greg Haller, president-Kentucky/Indiana/Michigan Region, Verizon Wireless. "Network reliability is not just a catch phrase for us. It defines who we are."
Verizon Wireless has invested more than $55 billion since it was formed - $5.5 billion on average every year - to increase the coverage and capacity of its premier nationwide network and to add new services. Since 2000, Verizon Wireless has invested $307 million on improvements to its wireless network in Kentucky.
About Verizon Wireless in Kentucky
In Kentucky, Verizon Wireless has more than 150 employees and 120-plus locations including company-owned retail stores, indirect agents and national retailers.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving more than 91 million customers. Headquartered in Basking Ridge, N.J., with 83,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ)(NASDAQ: VZ) and Vodafone (NASDAQ:VOD). For more information, visit http://www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Source: Verizon Wireless
CONTACT: Michelle Gilbert of Verizon Wireless, +1-248-915-3680,
email@example.com, or Ashley Schaffner For Verizon
Wireless, +1-502-625-1636, firstname.lastname@example.org
AT&T Swings More Than 110 Hours of 2010 Masters Tournament Coverage Exclusively Across Three-Screens
AT&T is the Only Wireless Carrier to Deliver Live and On-Demand Masters Content To Mobile Phones U-verse TV Customers Get Innovative Masters Multiview App At No Extra Charge
DALLAS, April 5 -- AT&T is bringing golf fans closer to the 2010 Masters Tournament with more ways to watch all of this year's action across the TV, the PC and AT&T mobile phones. AT&T* today announced its exclusive three-screen coverage of the 2010 Masters Tournament, available on AT&T U-verse(SM) TV, online at AT&T Fan Zone and AT&T Entertainment, and on AT&T mobile phones.
"This year's Masters is the most anticipated golf event in history, and only AT&T brings customers complete live and on-demand coverage of the Tournament to the screen of their choice," said Dan York, president, content, AT&T. "Sports fans wait all year long for the Masters, and with AT&T, they can catch all the action, excitement and updates whether they're on the couch, at work or on the go. And we're proud to bring back our popular U-verse TV Masters app that gives golf fans an unmatched way to enjoy this year's Tournament."
Through an agreement with the 2010 Masters Tournament, AT&T will provide golf fans with more than 110 hours of live footage and on-demand content from Augusta National Golf Club. AT&T will be the only wireless carrier delivering live and on-demand Masters programming to mobile phones with AT&T Mobile TV, MobiTV and AT&T Mobile Video services.
U-verse TV customers will also have an innovative way to follow the tournament with the 2010 Masters app, which lets you watch up to four different channels featuring Masters content on your screen at one time with the Masters Multiview. The Masters Multiview will include your local CBS affiliate, ESPN and live feeds of Amen Corner Live, 15th/16th Live, Masters Extra and Featured Group. The app also provides an up-to-date leader board, player scorecards, stats and bios, news updates, tournament photos, video archives and a course map of Augusta National Golf Club with flyovers. The 2010 Masters app is available to U-verse TV customers at no extra charge on channel 622 or 1622 (HD) during the tournament.
In addition to the Masters Multiview, AT&T has launched an HD version of its award-winning Multiview app. HD customers using Sports Multiview HD (channel 1601), News Multiview HD (channel 1201) or Kids Multiview HD (channel 1301) can browse programming and select any channel to go to the full-screen HD channel once they exit the app.
Live 2010 Masters content available on AT&T Mobile TV, MobiTV, AT&T Fan Zone and AT&T U-verse TV will include:
-- Masters Extra, which gives viewers live play-by-play action before
network broadcast coverage begins.
-- Par 3 Contest, which features a live feed from this popular contest on
Wednesday, April 7.
-- Amen Corner Live, which features live coverage of the 11th, 12th and
-- 15th/16th Live, which features live coverage of the 15th and 16th
-- Featured Group, a new enhancement for the 2010 Tournament featuring
coverage of selected groups beginning on the second nine Thursday,
April 8 through Sunday, April 11.
-- CBS and ESPN will be delivering complete live coverage on U-verse TV.
-- And new for 2010, CBS will deliver live Masters coverage on Saturday,
April 10 and Sunday, April 11 to mobile phones with AT&T Mobile TV and
On-demand footage and highlights available during the Tournament on AT&T U-verse TV, AT&T Fan Zone and AT&T Mobile Video will include:
-- Masters Moments, featuring a series of 24 vignettes that highlight the
action from past Tournaments, beginning April 1.
-- Multiple player interviews, offered daily beginning April 6.
-- Masters TV, including daily "Masters Today" Tournament previews and
"Masters Tonight" recaps, will be available on AT&T Fan Zone and
Mobile Video beginning April 5.
The 2010 Masters Tournament is the latest example of AT&T delivering compelling and converged content across the three screens at the center of consumers' lives: the TV, PC and mobile phone. AT&T has a unique set of integrated services and networks that make it easy for an audience of millions to enjoy and follow their favorite programming across devices. For the complete array of AT&T offerings, visit http://www.att.com.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T | DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
AT&T U-verse services are provided by AT&T local telephone companies. Geographic and service restrictions apply to AT&T U-verse. Call or go to http://www.uverse.att.com to see if you qualify. Multiview: Channels/content available for viewing in Multiview are based on TV package and additional programming purchased.
3G service not available in all areas. AT&T wireless subscribers will need a 3G phone and a subscription to MobiTV service to access live content over their handheld device. Tournament content available to MobiTV service subscribers will be titled, "Par 3 Challenge," "The Masters Amen Corner" and "The Masters 15th/16th Holes." For more information, log on to http://mobitv.com/.
Source: AT&T Inc.
CONTACT: Jill Rountree of AT&T Inc., +1-512-495-7186,
Kudzu Offers Consumers New Feature to Evaluate the Health of Service Businesses
ATLANTA, April 5 -- Consumers who use Kudzu to find and refer their favorite handyman, dentist, plumber and other local service professionals can now see Experian's "BizCheck Approved" badge on those companies' Kudzu.com profiles. This feature is made available through a new relationship between Kudzu and Experian's Business Information Services.
Beginning today, for businesses that are monitored and validated by Experian as a credit-active business in good financial health, a "BizCheck Approved" badge appears on those service providers' profile pages. Good financial health is qualified by Experian as a business, either large or small, with no active public records or credit and collection issues. The badge presents a non-biased indicator of business reliability.
"We are excited to be working with Experian on this new feature," said Tom Bates, vice president and general manager of Kudzu. "Consumers on Kudzu looking for the right service business to hire now have one more important piece of information to aid in their decision: the business health of that company. We feel that this collaboration will help consumers have greater confidence in doing business with a particular service provider."
"Experian's robust business database includes highly predictive information on U.S. companies of all sizes, including the industry's most extensive data on small and midsize businesses," said Adam Fingersh, vice president of Experian's Business Information Services. "The new BizCheck Approved badge will provide consumers who visit Kudzu.com valuable information that will aid them in making important selection decisions."
Kudzu.com provides consumers with trusted information about local providers for home, health and other life service needs - - and gives small businesses the tools to drive "word of mouth" online. Launched in 2005, the website features consumer reviews and profiles built by local service businesses. Kudzu is owned and operated by Cox Search Inc., a subsidiary of Cox Enterprises, a leading communications, media and automotive services company.
About Experian's Business Information Services
Experian's Business Information Services partners with organizations to establish and strengthen customer relationships, enabling them to mitigate risk and improve profitability. The company's business database provides comprehensive, third-party-verified information on U.S. companies of all sizes, with the industry's most extensive data on the broad spectrum of small and midsize businesses. By leveraging state-of-the-art technology and superior data compilation techniques, Experian is able to provide market-leading tools that assist clients in processing new applications, managing customer relationships and collecting on delinquent accounts.
Experian is the leading global information services company, providing data and analytical tools to clients in more than 65 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2009, was $3.9 billion. Experian employs approximately 15,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; Costa Mesa, California; and Sao Paulo, Brazil.
Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.
Baird & Warner Earns Multiple International Real Estate Marketing & Website Awards
CHICAGO, April 5 -- Baird & Warner recently won "Best Overall Website," "Best Property Search," and "Best Property Advertising," recognizing its marketing and technology prowess among an international field of competitors. The award-winning entries were chosen based on excellence in website design, functionality and execution -- as well as creativity, quality and overall effectiveness. The honors were presented at the Annual Conference of the Leading Real Estate Companies of the World (LeadingRE), which attracted real estate brokers and managers from across the globe.
Baird & Warner's website, (http://www.bairdwarner.com), also earned the Website Quality Certification (WQC) designation. Every aspect of the Baird & Warner website was thoroughly reviewed to ensure exacting standards were met in eight key areas; ranging from design and content, to human interactivity, to search engine optimization. The WQC was introduced to recognize and encourage superior websites among LeadingRE's 600 member firms worldwide. Baird & Warner is one of only 64 applicants to earn this designation.
According to the independent marketing and technology experts who judged entries for the competition: "Bairdwarner.com is an excellent site with extremely high usability. It is simple, direct, engaging and packed with useful information that is conveyed using succinct, web-friendly writing. Site is focused on what clients need."
"A real estate company's website plays an increasingly significant role with today's consumers, who often go there first when considering buying or selling a home. It is a critical interactive medium necessary to attract and engage consumers meaningfully," said Pam O'Connor, president/CEO, LeadingRE.
"On behalf of everyone at Baird & Warner, we're truly honored to be acknowledged among such an outstanding group of fellow nominees," said Jim Schiefelbein, Baird & Warner's vice president/Chief Marketing Officer, in accepting the awards on behalf of the company. "The Internet has completely revolutionized real estate marketing in the past 15 years, and to be considered among the best at delivering our services to clients is absolutely incredible." Schiefelbein led the team that created the first real estate website in Chicagoland in 1995.
Source: Baird & Warner
CONTACT: Andrew Hayes, +1-312-823-4333, email@example.com, for
Baird & Warner
IT Innovators Share Key Insights in Business and IT Transformation at HMG Strategy's CIO Executive Leadership Roundtable
WESTPORT, Conn., April 5 -- More than 120 Boston Area CIOs and executives met at the CIO Executive Leadership Roundtable on March 18 at the Boston Marriott Newton to discuss business transformation through innovation and leadership.
The event hosted by Boston's Society for Information Management (SIM) and produced by HMG Strategy, LLC, provided a high-level, private venue for the executives to share crucial knowledge, learn from the expert speakers about business transformation strategies and opportunities, as well as, to discuss the role of the 2010 CIO with the country's top search executives and to understand its implications on the their careers. These were highly interactive sessions. Many challenging questions came from the audience.
The keynote was delivered by Rich Adduci, Vice President and Chief Information Officer at Boston Scientific, a Natick, MA based medical device maker. Mr. Adduci spoke about the multiple challenges he faced four years earlier upon joining Boston Scientific. "In transforming our IS organization we've been able to shift the value we provide to the business ...moving a Utility to being a true partner with the business that is focused on bringing innovative uses of technology to the business."
In addition to the keynote by Rich Adduci, there was a CIO panel that included Jo Hoppe, CIO at PAREXEL Corp. and Bill Oates, CIO of the City of Boston. Both of these CIOs spoke convincingly about the challenges and rewards of managing transformational efforts at complex organizations.
Additional presenters included Mark Polansky, Senior Client Partner and Managing Director, IT Officers Practice, Korn/Ferry International; James Satterthwaite, Managing Partner, Boston Office and Head of East Coast Technology Practice, Egon Zehnder International; Phil Schneidermeyer, Partner, Heidrick & Struggles; and Bill Wellman, President, Boston SIM.
"This was an extremely useful event for IT leaders who are seeking expert knowledge, visionary strategy and savvy career advice from successful executives at the top of their game," said Hunter Muller, President and CEO, HMG Strategy.
HMG Strategy events are sponsored by leading global, national and regional organizations including; IBM, McAfee, Polycom, Salesforce.com, Verizon business, CA, Compuware, Digital Realty Trust, FusionStorm, Red Hat, Rackspace.
HMG's strategic partners include Egon Zehnder International, Heidrick & Struggles, Korn/Ferry International, Russell Reynolds Associates, and Spencer Stuart.
Upcoming events include:
Chicago - CIO Executive Leadership Roundtable - May 21, 2010
Toronto - CIO Executive Leadership Roundtable - June 17, 2010
New York - CIO Executive Leadership Roundtable - July 13, 2010
Atlanta - CIO Executive Leadership Roundtable - August 20, 2010
Dallas - CIO Executive Leadership Summit - Sept. 13, 2010
Memphis - Strategy Series for Executives (Summit) - Sept. 23, 2010
San Francisco - CIO Executive Leadership Roundtable - October 8, 2010
Fairfield/Westchester - CIO Executive Leadership Summit - Oct. 26, 2010
Los Angeles - CIO Executive Leadership Roundtable - Nov. 3, 2010
Phoenix - CIO Executive Leadership Roundtable - Nov. 17, 2010
Chicago - CIO Executive Leadership Roundtable - Dec. 3, 2010
HMG Strategy of Westport, CT, produces a series of compelling CIO leadership events aimed at bringing together world-class IT leaders with C-level executives to discuss business transformation and the evolution of the CIO from technology chief to transformational business leader. Our thought leadership network helps CIO/Senior IT executives achieve their critical strategic, operational and career objectives by interconnecting them with leading business and technology professionals.
Synch-Solutions Named to U.S. and Illinois Top Business Lists for 2010
CHICAGO, April 5 -- Synch-Solutions, a leading management consulting and information technology solutions company, announced today that it has been named one of the top businesses in the United States by DiversityBusiness.com, the nation's primary resource portal enabling small businesses to connect with Fortune 1000 companies, government agencies, and colleges and universities.
Synch-Solutions is proud to receive the following five diversity awards for 2010:
-- Top 100 African American Owned Businesses in the U.S.
-- Top 500 Diversity Owned Businesses in the U.S.
-- Top 500 Privately-held Businesses in the U.S.
-- Top 100 Diversity Owned Businesses in Illinois
-- Top 100 Privately-held Businesses in Illinois
"We're honored to be recognized by DiversityBusiness.com in five categories this year, and to be among the top 25 in two categories for our state," said John Sterling, CEO of Synch-Solutions. "Although last year held many challenges, we have continued to succeed due to our experience, integrity, and commitment to quality and community."
Synch-Solutions will be honored, along with the other winners, at a special awards ceremony at DiversityBusiness.com's 10th Annual Multicultural Business Conference, taking place April 27-29, 2010, in Washington, D.C. For the complete list of winning companies, please visit http://www.diversitybusiness.com.
Synch-Solutions is a management consulting and technology services firm providing Enterprise Resource Planning implementation and upgrade services, Business Intelligence Solutions, Hosted and Remotely Managed Information Technology Services, Legacy System Modernizations and Enterprise Content Management Solutions. The company is headquartered in Chicago and maintains offices in New York City, Atlanta, St. Louis and New Orleans. Industries served include government, education, healthcare, utilities and commercial businesses.
Synch-Solutions cultivates a culture of corporate citizenship. Company executives have a strong commitment to giving back to the communities in which they work. John Sterling serves on many non-profit boards, and the company commits time and resources to initiatives focused on improving the welfare of children and on economic development for minorities.
DiversityBusiness.com is the largest organization of diversity-owned businesses throughout the United States that provide goods and services to large organizational buyers. The site, produced by CCAii, has gained national recognition and has won numerous awards for its content and design.
CONTACT: Thomas Wrobel of Synch-Solutions, +1-312-252-3700,
The ClearCube I9422 Zero Client and I9424 Zero Client With Integrated Smart Card Reader Achieve VMware Ready(TM) Status
AUSTIN, Texas, April 5 -- ClearCube Technology, the leader in centralized computing, today announced that its I9422 zero client and I9424 zero client with integrated smart card reader have achieved VMware Ready(TM) status. This designation indicates that I9422 and I9424 have passed detailed evaluations and testing processes managed by VMware and are now listed on the VMware View Hardware Compatibility List.
Passing the extensive VMware-specified testing helps ensure that ClearCube I9422 and I9424 make the best use of VMware technology and are ready for deployment in customer environments.
"We are pleased that the ClearCube I9422 and I9424 zero clients qualify for the VMware Ready(TM) logo, signifying to customers that they have passed specific VMware testing and interoperability criteria and are ready to run in production environments," said Bernie Mills, senior director, alliance programs, VMware.
"ClearCube has a long history of delivering innovative centralized computing solutions to government customers," said Dan Cordingley, President and CEO of Teradici Corporation. "The I9424 expands on the value of the uncompromised PCoIP® user experience by integrating a whole new security layer that is critical for secure government installations."
"Two areas of focus that are increasingly important to government customers are security and energy efficiency and the I9422 and I9424 are purpose-built to deliver on those requirements," said Randy Printz, CEO of ClearCube Technology. "Our customers are slashing the TCO of computing by combining the security and energy efficiency benefits of the I9422 and I9424 with the management and computing efficiency of VMware View."
About ClearCube Technology
ClearCube Technology, Inc. is the pioneer and market leader in centralized and virtual computing hardware and management software. By deploying ClearCube blade solutions and clients, customers have dramatically reduced their support costs while improving the security and availability of their computing infrastructure. U.S. Government Agencies, Mexican Government Agencies, Canadian Government Agencies, the world's largest financial services companies, the world's most advanced health care organizations and educational institutions all rely on ClearCube Blade PCs and Virtual Desktop Solutions for secure, reliable and energy efficient computing. For more information on the I9424, I9422 and other ClearCube PCoIP zero clients, visit: http://www.clearcube.com/centralized-computing-pcoip-vmware-solutions.html
Contact: Jeff Fugitt
Cell Phone: 512.653.8295
Source: ClearCube Technology
CONTACT: Jeff Fugitt of ClearCube Technology, +1-512-652-3238, cell,
New Edition of Safe Eyes Mobile Filtered Browser Safeguards Children Online
ATLANTA, April 5 -- InternetSafety.com today announced that Safe Eyes Mobile, the first filtered web browser for the iPhone and iPod Touch, will also protect children using Apple's new iPad tablet by enabling parents to restrict access to inappropriate online content. Utilizing award-winning Safe Eyes filtering technology, Safe Eyes Mobile for the iPad will automatically block 35 categories of web sites while also offering the same pinch-and-tap zoom, bookmarks and built-in Google search as the built-in Safari browser it is designed to replace.
Like Safe Eyes Mobile for the iPhone and iPod Touch, the iPad version allows parents to block access to web sites containing pornography, violence, gambling, drugs and other objectionable content by selecting any combination of blacklisted categories from a menu. Parents can also create custom lists of banned and allowed sites, and adjust other settings within the app instead of having to navigate to a website. Enhancements in the iPad version include desktop-style browsing tabs for easier visibility of open windows and faster download speeds.
"The iPhone and iPod Touch have clearly penetrated the youth market. The iPad is expected to be equally if not more successful in the youth demographic. Industry observers are already calling it 'the children's toy of the year' and saying that it will transform education as well," said Forrest Collier, CEO of InternetSafety.com. "Our new Safe Eyes Mobile edition equips parents and schools with the means to deliver a safe and healthy online environment for young iPad users."
Safe Eyes Mobile also syncs with the home version of Safe Eyes whether installed on a PC or Mac, enabling profiles and settings to follow a user from desktop to iPhone to iPad. This unique syncing ability ensures consistent protection across multiple devices.
Safe Eyes Mobile for the iPad is available immediately in the App store for a one-time fee of $19.99. To learn more visit http://www.internetsafety.com.
InternetSafety.com has been a leading provider of web filtering solutions for consumers and businesses since 1999. The company's flagship software, Safe Eyes, is the two-time recipient of the PC Magazine Editors' Choice Award, earned a separate Editor's Choice Award from LAPTOP Magazine, and was rated as the #1 parental control solution by America's leading consumer advocacy publication. Other products include Safe Eyes Mobile, the first family-safe browser for the iPhone, iPod Touch and iPad; EtherShield, a network-level solution offering plug-and-play Internet filtering for business environments; and Safe Eyes Business, an end-point filtering service for businesses of any size. The company's products are used by customers in more than 150 countries. The company also supplies the technology for McAfee® Family Protection online safety software. For more information, visit http://www.internetsafety.com.
CONTACT: Molly Antos of SS|PR, +1-847-415-9327, firstname.lastname@example.org, for
Unity Medical Announces New iPad Application to be Piloted by Leading Hospitals
New iPad App Utilizes Interactive Video to Enhance Patient Experience at Point of Care and Beyond
BOISE, Idaho, April 5 -- Unity Medical, Inc. a premier provider of digital health tools that enhance the patient experience today announced that two pioneering hospital systems will pilot the company's new Medical Video jLog(TM) for the Apple iPad(TM), an innovative application that utilizes short form interactive video to explain common medical procedures such as CT scans, cardiac stent placements, and physical rehabilitation treatment. Florida Hospital for Children at Walt Disney Pavilion in Orlando and St. Luke's Health System in Boise, Idaho will pilot customized versions of the jLog app starting Monday, April 5.
"At Florida Hospital, we are continuously seeking new ways to enhance patient engagement and ultimately patient outcomes. Technology is a critical part of that mix," said Marla Silliman, administrator of Florida Hospital for Children. "This application will support our patient resource specialists in ensuring that children and their parents understand and feel comfortable with important medical procedures and mitigate any potential fears or concerns they may have."
The Florida Hospital application consists of an animated sequence of five 2-4 minute videos and interactive Q&A featuring a young boy named Max and his bear friend Buddy as Buddy undergoes a CT scan. Videos are conversational, entertaining, age-appropriate, and provide children with a detailed overview of the procedure. A similar jLog for MRIs will soon be added.
The pilot program with St. Luke's will initially include more than 20 jLogs, which includes content for patients undergoing heart and vascular procedures, and for those participating in physical rehabilitation programs. Patients can view videos and patient testimonials on iPads in the hospital or download content directly from the iTunes store to their iPad at home, for use anywhere they choose.
"St. Luke's Health System has worked collaboratively with Unity Medical on a number of Web-based platforms to prepare patients for medical procedures and hospital visits or allow them to interact with health care providers from home - user-friendly technology that patients say helps them feel connected and knowledgeable about their condition," said David C. Pate, M.D., J.D., President and CEO of St. Luke's Health System. "We believe the new jLog iPad application will further enhance patients' experience both at the point of care, and wherever they choose to receive the information."
"Unity Medical has been fortunate to work with healthcare leaders committed to evolving and improving the medical experience by increasing patient engagement," said Michael Boerner, Founder and CEO, Unity Medical. "Now with a platform like the iPad that is highly portable, we can offer dynamic, visual and impactful educational tools like jLog that support health care professionals and their mission of serving the patient in the hospital and clinic setting."
Research has shown that video-assisted patient education can increase patient knowledge and satisfaction and reduce anxieties. jLog was initially developed as a Web-based platform and is now being expanded to mobile technologies including the iPad.
Interviews, b-roll and product demonstrations are available upon request.
About Unity Medical
Unity Medical, an award-winning, innovator of healthcare technology combines HD video production with Web 2.0 tools and high level strategic consulting to create a best-in-class, patient engagement and education platform. The goal of Unity Medical product and services is to connect people and information, increase patient safety, reduce healthcare costs and improve the quality of care. Its clients include leading hospitals, clinics, and healthcare organizations looking for new ways to enhance the patient experience and reduce the overall burden on the healthcare system.
About Florida Hospital
The Walt Disney Pavilion at Florida Hospital for Children is a full-service facility served by more than 70 pediatric specialists, one of the largest panels of pediatric experts in Central Florida and a highly trained pediatric team of more than 600 employees. This unique children's hospital provides patients with private, family-centered pediatric rooms, a dedicated pediatric emergency department and an Advanced Center for Pediatric Surgery. The recent expansion includes a seven-floor dedicated entrance, three-story lobby, and when completed the Walt Disney Pavilion at Florida Hospital for Children will have a total of more than 200 pediatric beds.
About St. Luke's Health System
St. Luke's Health System is Idaho's largest and only locally controlled health care system employing more than 7,800 people. With hospitals in Boise, Meridian, Ketchum and Twin Falls, St. Luke's provides patients with unmatched care in specialized medical fields including cancer, heart and vascular, obstetrics, women's services and children's health care. To find out more, visit http://www.stlukesonline.org.
SPB Software, a leading mobile applications and games developer announces
the release of SPB TV for webOS. This is the very first application from SPB
Software for this eye candy Linux-based mobile operating system. SPB TV is a
mobile IPTV viewer with TV-like usability, designed for tuning in to publicly
available digital TV channels from all over the world.
SPB TV features exclusive and patent-pending usability innovations and
gives the mobile subscribers easy access to over a hundred and twenty of
international TV channels, directly from their phones. The application
supports must-have TV features, such as a TV browser with quick channel
previews, an instantly accessible TV guide for all offered channels, quick
channel switching and more.
With the arrival of SPB TV for webOS, SPB Software expands the list of
supported platforms (including also Android, iPhone, BlackBerry, Windows
Mobile and Symbian), at the same time expanding the new line of TV 2.0 apps -
free-of-charge, no-subscription-fee programs supported with advertising
revenues. The application is ad-supported: an advertisement is shown while
the stream is buffering when user opens a channel.
SPB TV for webOS Main Features:
- Quick channel preview (picture-in-picture)
- Integrated TV guide
- A wide selection of public TV channels
- Adaptive network bandwidth control
Pricing and Availability
SPB TV for webOS is compatible with Palm Pre and Palm Pre Plus devices
with firmware version 1.4 and above. Palm Pixi and Palm Pixi Plus are
expected to become compatible with SPB TV app when firmware 1.4.1 becomes
available. The application can be downloaded from on-device AppCatalog for
free, there is also no monthly subscription fee. The application is
ad-supported: an advertisement is shown every time user switches the channel
while the stream is buffering.
SPB is a leading brand in mobile software, standing for a unique line of
popular consumer products and partnerships with the world's most innovative
handset makers and wireless carriers. SPB's software solutions deliver richer
smartphone experiences and enable subscribers to do more with their mobile
data connections. SPB Software is the maker of the world's single number one
bestselling mobile application - SPB Mobile Shell. For more information,
please visit http://www.spb.com.
ARRIS to Display Full Suite of DOCSIS(R) 3.0, On Demand, Access, IP Video Transport and Assurance Solutions at Canitec
SUWANEE, Ga., April 5 -- ARRIS (NASDAQ:ARRS) will provide Latin American cable operators the chance to view its innovative wideband video, data and voice solutions portfolio at this year's Canitec Conference and Exhibition, April 28-30 in Monterrey, Mexico. Additionally, two of ARRIS' senior technologists will present workshops during the event.
ARRIS will display its Three Screens On Demand content solution, in conjunction with a third party open User Guide, that allows customers to get all their entertainment and information from their device of choice - TV, computer or handheld wireless device. ARRIS will also showcase its Wideband high speed data platform, consisting of the C4® and C4c(TM) CMTS' with Touchstone® multi-line DOCSIS 3.0 data and voice modems, and its Network and Remote Workforce management solutions. Additionally, ARRIS access and transport platforms will be on display, including the CHP Headend Platform, CORWave(TM) and CORWave II multi wavelength transmitters, fiber solutions including RFoG and EPON and Opti Max(TM) optical nodes. For customers looking for advanced IP video and transport solutions, the EGT line of encoders and the versatile D5® Universal Edge QAM will be available.
Conducting workshops during Canitec are ARRIS CTO Ken Wright, who will address Technology Solutions for Meeting Growing Capacity Requirements - Wednesday, April 28th - 5:00 PM to 6:00 PM; and Senior Director of Sales Engineering Patricio Latini, who will present ways of Avoiding Piracy in DOCSIS Networks -- Thursday, April 29th - 5:00 PM to 6:00 PM.
ARRIS is a global communications technology company specializing in the design, engineering and supply of technology supporting triple- and quad-play broadband services for residential and business customers around the world. The company supplies broadband operators with the tools and platforms they need to deliver carrier-grade telephony, network video processing, whole home video, demand driven video, next-generation advertising, network and workforce management solutions, access and transport architectures and ultra high-speed data services. Headquartered in Suwanee, Georgia, USA, ARRIS has R&D centers in Suwanee; Beaverton, OR; Chicago, IL; Kirkland, WA; State College, PA; Wallingford, CT; Waltham, MA; Cork, Ireland; and Shenzhen, China, and operates support and sales offices throughout the world. Information about ARRIS products and services can be found at http://www.arrisi.com.
CONTACT: Alex Swan, ARRIS Media Relations, +1-678-473-8327,
Princeton allpoints Offers First Opaque White Ink Digital Press In Region
Robbinsville to Host Hewlett-Packard Product that Bridges Offset and Digital Printing
ROBBINSVILLE, N.J., April 5 -- Princeton allpoints Communications, LLC, a division of Princeton Fulfillment Solutions, LLC, a leading information distribution company providing eBusiness and eCommerce solutions, today announces it has acquired the new Hewlett-Packard Indigo Press 5500, a seven-color digital sheet-fed press that is the first in the United States to offer opaque white ink. The HP Indigo Press 5500 is being installed at the company's Robbinsville, N.J., facility making Princeton allpoints a first-to-market organization in the region with this type of press.
"Princeton allpoints continues to lead in the offering of today's best fully integrated marketing solutions," explained Manny Ortiz, chairman and CEO, Princeton Fulfillment Solutions. "The incorporation of this premier Hewlett-Packard digital printing technology maintains our long-standing commitment to bring our clients only the highest-quality digital print products."
The new HP Indigo Press 5500 is an advanced digital sheet-fed press model offering near-zero downtime on spot color ink replacement, expanded range of supported media and resolution enhancement technology for higher-resolution imaging of up to 1,200 dots per inch (dpi). Featuring liquid transparent ink, the HP Indigo Press 5500 effectively bridges the gap between the qualities of offset and digital printing, enhancing designer and creative capability by offering opaque white ink for the first time outside the traditional offset printing environment. The HP Indigo Press 5500 is designed specifically for the production of marketing collateral, direct mail, photo specialty products, books and manuals, with the ability to produce 68 four-color or 272 single-color pages per minute.
"The HP Indigo Press 5500's opaque white ink capability will, for the first time, address the needs of the high-end requirements of designers and advertising agencies, adding superior quality and timeliness to every project," said Ortiz. "With the HP Indigo Press 5500, Princeton allpoints now offers top-quality, digitally produced collateral materials that exceed market standards while offering the broadest range of design quality and value."
Additionally, the HP Indigo Press 5500 offers the most enhanced productivity of any digital press in its class and is capable of printing in excess of 1.5 million color pages or more than 5 million monochrome pages per month.
"The HP Indigo Press 5500 offers the best of both worlds: digital printing's quick turnaround and near-real time print messaging while complementing and maintaining the high-end look and feel of offset printing that is critical to most corporate identity elements," noted Leon Clarin, business development manager for Hewlett-Packard.
From its Robbinsville facility, a joint venture between Princeton Fulfillment Solutions and Towne allpoints Communications Inc., the company offers a complete suite of data processing services, full-color print-on-demand digital printing -- including the new HP Indigo Press 5500 -- along with continuous and cut sheet laser printing, turn-key direct mail services and fully integrated fulfillment services.
About Princeton Fulfillment Solutions, LLC
Princeton Fulfillment Solutions, LLC is a leading provider of eBusiness and eCommerce solutions offering Internet marketing optimization, full color print-on-demand, custom software and application development, fulfillment and direct mail services. The company develops and implements fully integrated B2B and B2C client solutions that lower costs, decrease cycle times and increase profitability to Fortune 500 and emerging growth companies across a wide range of industries. Princeton Fulfillment Solutions is headquartered in Hamilton, New Jersey, with operational hubs in Mercerville and Robbinsville, New Jersey, and West Chester, Ohio. For more information, visit http://www.princetonfulfillment.com.
About Towne allpoints Communications Inc.
Towne allpoints Communications Inc. has been a leader in direct response communications since 1953. Towne's corporate headquarters is located in Santa Ana, California, and it offers the following services: Digital and Offset Print Management, Web-based communication tools, Mail Processing, File Processing, Hi-Speed Imaging, Bindery services, Warehousing, logistics, receiving, product and collateral pick-n-pack, e-mail broadcasting, instant messaging and Digital Asset Management. For more information, visit http://www.towne.com.
Source: Princeton allpoints Communications, LLC
CONTACT: Rod Hughes, Oxford Communications Inc., +1-609-397-4242, ext.
179, email@example.com; or Stephen Pasi, Princeton Fulfillment
Solutions, +1-609-890-6900, firstname.lastname@example.org
Newly Ratified ZigBee Health Care Profile Now Available for Public Download
Public availability will spur innovation in telemedicine to help people live healthier, independent lives
SAN RAMON, Calif., April 5 -- The ZigBee® Alliance, a global ecosystem of companies creating wireless solutions for use in energy management, residential, commercial and consumer electronics applications, today announced the Board of Directors has ratified ZigBee Health Care and made the standard publicly available. ZigBee Health Care offers new ways to help people of all ages live healthier and more independent lives while lowering healthcare costs.
ZigBee Health Care provides a global, open standard for interoperable, low-power wireless devices enabling secure monitoring and management of noncritical, low-acuity healthcare services targeted at chronic disease management, elderly care, wellness, in-patient and asset tracking. It supports thousands of devices on a single network and provides full support for IEEE 11073 devices, making each device eligible for FDA certification. ZigBee Health Care products are ideal for use within homes, fitness centers, retirement communities, nursing homes and other medical care facilities. The standard meets the diverse requirements of consumers, service providers, care providers, payers, product manufacturers and policymakers. More information, and the standard download, can be found at http://www.Zigbee.org/healthcare.
In June 2009 the Continua Health Alliance, the leading non-profit coalition of major health care and technology companies in the industry, endorsed ZigBee Health Care as Continua's low-power local area network (LAN) standard. Continua recommends ZigBee Health Care for sensing and control in professional settings, homes, recreation centers and across large campuses as it offers secure, robust, battery-efficient wireless connectivity for patient activity and facilities monitoring while delivering the freedom of wireless operation outside of buildings. In addition, ZigBee is a proven low-power technology that coexists with other wireless technologies, including Wi-Fi.
"ZigBee Health Care provides a wide variety of remote and wireless health monitoring services that can inspire everyone to take a more active role in their own wellness and fitness," said Dr. Robert F. Heile, chairman of the ZigBee Alliance. "Wireless products based on ZigBee Health Care will enable people to get the care they need without sacrificing their independent lifestyles and mobility."
The ZigBee Alliance and the American Telemedicine Association (ATA) are currently working together to educate both health care professionals and consumers on the benefits of telecommunications technologies.
According to a recent report by Pike & Fischer, telemedicine spending is projected to reach $3.6 billion annually by 2014. In the United States, the American Recovery and Reinvestment Act of 2009 includes $20 billion for health information technology, with a focus on electronic medical records and telemedicine.
ZigBee: Control your world
ZigBee is the global wireless language connecting dramatically different devices to work together and enhance everyday life. The ZigBee Alliance is a non-profit association of more than 340 members driving development of ZigBee wireless technology. The Alliance promotes world-wide adoption of ZigBee as the leading wirelessly networked, sensing and control standard for use in consumer electronic, energy, home, commercial and industrial areas. For more information, visit: http://www.ZigBee.org.
Roundtable Concepts Inc. is launching RTC23, their officially licensed Marvel Comic LCD and LED HDTVs. The cast of characters consists of Iron Man, Captain America, The Hulk, Wolverine, Thor and others. Your favorite Marvel Super Hero is embellished on the bottom two corners of the frame and is offered in 22", 32", 42" and 55" HD LCD screen sizes as well as 40" and 46" LED HDTVs. Now here's the cool part, not only do the characters appear on the casing but when you power on the TV, the name and the character appear on the screen for approximately 8 seconds making it the "Ultimate Comic Fan's TV" which RTC23 titles it's i23s system technology that simply makes TVs more fun. Order online at http://www.RTC23.com or call 321-363-3794 for more info. To learn more about Marvel Comics, visit the Marvel website at http://www.MARVEL.com
Saepio Releases the Enterprise Marketing Management (EMM) Strategy Guide
Planning Resource Helps Managers of Distributed Marketing Networks Understand, Build and Execute a Successful EMM Strategy
KANSAS CITY, Mo., April 5 -- Currently, managers of distributed marketing organizations are under increased pressure to improve measurable processes and maximize return on marketing investment. Helping marketers rise to this challenge, Saepio, a leading provider of marketing technology for corporations with distributed marketing networks, announced the first workbook in the Saepio Distributed Marketing Leadership Series, entitled "The Enterprise Marketing Management (EMM) Strategy Guide."
The guide serves as a concise planning resource for CMOs and VPs of marketing who manage distributed marketing networks, and covers topics such as:
-- Preparing for tomorrow's consumer
-- What is EMM?
-- How should you be using EMM?
-- Building your EMM strategy
-- Creating an ROI case
"Marketers within distributed organizations have a unique set of challenges that differ greatly from those of traditional marketers," said Stephen Tucker, Vice President at Saepio. "Since Saepio is laser focused on addressing the challenges of these marketers, we have a rare opportunity to help educate marketers on the value that EMM can bring to their organization, in terms of streamlining a very complex process and also increasing the return on marketing investment."
Saepio's powerful software platform combined with an extensive portfolio of support services automates the marketing process, eliminates redundancy and ensures that all marketers connected to the brand - whether global, distributed, franchise, VAR or chain store marketers - have the assets and tools they need to quickly customize and execute campaigns.
Saepio also announced that the second workbook in the Saepio Distributed Marketing Leadership Series, "Exploding Brand Value at the Local Level" will release in mid April. This guidebook outlines best practice principles that make corporate brands hum at the local level.
Saepio empowers marketers to plan and execute meaningful and engaging marketing campaigns across distributed networks and around the globe - ensuring local relevance, brand consistency, speed to market and significant cost savings. The world's best known brands turn to Saepio's powerful software platform and extensive portfolio of support services to automate the marketing process, eliminate redundancy and ensure that all marketers connected to the brand - whether global, distributed, franchise, VAR or chain store marketers - have the assets and tools they need to quickly customize and execute campaigns. To learn more about Saepio, visit http://www.saepio.com.
CONTACT: Joseph Tateoka, +1-312-329-3971, email@example.com, for
FreeWave Continues to Improve IO Expansion Wireless Data Radio Family With New Models and Enhanced Features
New models of FreeWave's popular IO Expansion line provide additional IO to any serial network
BOULDER, Colo., April 5 -- FreeWave Technologies, (http://www.freewave.com/), manufacturer of the most reliable, high-performance spread spectrum and licensed radios for critical data transmission, today announced three additional models with several new and improved features to its IO Expansion family. The new additions make it easier for customers to leverage their existing hardware investments with significant performance improvements. The FreeWave IO Expansion family is especially well-suited for applications in the water purification, wastewater treatment, oil and gas automation, agriculture irrigation, monitoring and control markets.
"We created our IO Expansion series to meet the needs of customers who want more IO, but don't want to have to purchase a new system to get the additional IO points," explained Ken Granader, vice president of sales at FreeWave. "Based on customer feedback, we've continued developing new models with enhancements that make IO Expansion available for a wider range of applications and compatible with more radios."
The IO Expansion Module is known for offering a scalable IO solution with up to 12 IO points per module. Also, up to 16 modules can be stacked on the radio or base module -- allowing up to 192 additional IO points per 16 module stack. This adds significant flexibility to an existing FreeWave Modbus IO network. Now, with the introduction of the Serial Base, expandable IO points can be added to any existing serial network regardless of manufacturer. Along with the peace of mind that goes with 100 percent temperature tested radios, users can rest assured of measurement accuracy. The 0.10 percent accuracy of analog input measurements across the entire operating temperature means that users can be confident in the reported measurements and reduce their process errors.
New models and additional enhancements to FreeWave's IO Expansion family include:
-- Serial Base: IOE-X-4422PC - with this model, local IO can be added to
any serial equipment or serial wireless network, such as existing
non-FreeWave wireless serial networks and existing PLCs or RTUs. Both
solutions allow customers to increase the number of IO points without
the expense of upgrading to new communication or control hardware.
-- Radio Base: FGR2-IO-IOE - provides a wireless base for IO Expansion to
any new or existing FGR serial network with up to 60 miles with
-- Expansion Module: IOE-X-4422-P - offers universally configurable IO
expansion to either the Radio Base (FGR2-IO-IOE) or Serial Base
The enhanced IO Expansion family is manufactured with the same quality, reliability, performance, testing and low-power consumption customers have come to expect with all FreeWave radios. Additional information is available online at http://www.freewave.com/products/product-258.html or by contacting FreeWave at 866-923-9948.
About FreeWave Technologies
Founded in 1993, FreeWave Technologies manufactures the most reliable, high performing, lowest power consumption, spread spectrum and licensed radios for mission-critical data transmission. Through engineering excellence and a relentless commitment to best-in-class manufacturing, FreeWave customers enjoy superior radio up-time, range and the lowest cost of ownership available. Based in Boulder, Colorado, FreeWave designs and manufactures radios that are the leading choice for oil and gas, utility, military and numerous other industrial applications. Organizations that count on radio data communications for operational success - where failure and down-time are not an option - trust FreeWave for custom network design, system engineering and customer support that is unparalleled in the market. For additional information, contact FreeWave directly at 866.399.4930 or at firstname.lastname@example.org. Visit the company's website at http://www.freewave.com.
China Interactive Education Reports Financial Strong Results for the Fourth Quarter and Fiscal Year 2009 and Guidance for 2010
ZHONGSHAN CITY, China, April 5 -- China Interactive Education, Inc., (BULLETIN BOARD: CIVN) ("China Interactive Education" or the "Company"), a pioneer in interactive teaching and learning solutions in China, today announced strong financial results for the fiscal year ended December 31, 2009.
Q4 2009 Financial Highlights
-- Revenues increased 191% year over year to $15.0 million
-- Gross profit rose 65% year over year to $5.0 million, representing a
33% gross margin
-- Operating income, excluding stock based compensation issued in
relation to the reverse merger cost, rose 65% to $4.6 million, with a
43% operating margin
-- Net income, excluding stock based compensation issued in relation to
the reverse merger cost, grew 74% to $4.0 million, or $0.06 per basic
and diluted share
-- Stock based compensation issued in relation to the reverse merger cost
was $1.1 million
Fiscal year ended 2009 Financial Highlights
-- Revenues increased 85% year over year to $27.5 million
-- Gross profit rose 53% year over year to $13.3 million, representing a
48% gross margin
-- Operating income, excluding stock based compensation issued in
relation to the reverse merger cost, rose 47.2% to $11.7 million, with
a 43% operating margin
-- Net income, excluding stock based compensation issued in relation to
the reverse merger cost, grew 47% to $10.0 million, or $0.15 per basic
and diluted share
"We saw strong growth in revenues and profits in the fiscal year ended 2009 as we successfully launched our Educational Learning Product ("ELP") and completed our reverse acquisition of MenQ Technology Group Limited," commented Mr. Ruofei Chen, CEO of China Interactive Education.
Q4 2009 Financial Results
For the three months ended December 31, 2009, revenue grew 191% to $15.0 million, compared to $5.1 million in the same period of 2008. The increase in revenue was largely due to the launch of our new Education Learning Product ("ELP") product line.
Gross profit for the fourth quarter of 2009 grew 65% year over year to $5.0 million, compared to $3.0 million in the same period of 2008. Gross profit as a percentage of net revenue was 33.3% and 58.7% for the fourth quarter of 2009 and 2008, respectively. The decrease in the gross margin was primarily due to our discount in the 2009 fourth quarter of the selling price for our ELP product in order to increase the volume of products sold during the period.
Selling, general and administrative expenses grew $0.14 million, or 67% year over year to $0.36 million, compared to $0.22 million in the same period of 2008. This increase was mainly due to expenses incurred in connection with the establishment and new operation of MenQ China during the 2009 fourth quarter.
Income from operations, excluding one-off merger expenses of $1.1 million, increased by $1.8 million, or 63.3%, to $4.6 million, compared to $2.8 million in the same period of 2008. The reason for such an increase was mainly due to the introduction of our new ELP product line and ELP sales which commenced in 2009.
Net income, excluding one-off merger expenses of $1.1 million, grew 74.0%, to $4.0 million, compared to $2.3 million in the same period of 2008.
Full Year 2009 Financial Results
During the year, the Company achieved the following milestones:
-- Launched ELP product line in fiscal year of 2009 and its revenue
segment amounted to $17.4 million
-- Completed the reverse acquisition of MenQ Technology Group Limited on
December 15, 2009
For the fiscal year ended December 31, 2009, revenues grew 85% to $27.5 million, compared to $14.8 million in fiscal year 2008. This increase was mainly due to the introduction of our new ELP product line and ELP sales which commenced in 2009. We generated 53.7% and 35.1% of our revenue from ELP sales and development fee, respectively, during fiscal year of 2009, compared to nil and 74.1%, respectively, in the 2008 period.
Gross profit increased $4.6 million, or 53.1%, to $13.3 million in the fiscal year ended December 31, 2009, from $8.7 million in the 2008 period. Gross profit as a percentage of net revenue was 48.4% and 58.6% for the fiscal years ended December 31, 2009 and 2008, respectively. The decrease in the gross margin was primarily due to our discount in the 2009 fourth quarter of the selling price for our ELP product in order to increase the volume of products sold during the period.
Selling, general and administrative expenses increased $0.8 million, or 108.9%, to $1.6 million in the fiscal year ended December 31, 2009, from $0.8 million in 2008. This increase was mainly due to expenses incurred in connection with the establishment and initial operation of MenQ China in 2009. We expect selling, general and administrative expenses to stay within the normal range as we plan to increase the number of employees in anticipation of growing business demand.
Income from operations, excluding stock based compensation of $1.1 million, increased by $2.7 million, or 33.3%, to $10.6 million in the fiscal year ended December 31, 2009 from $8.0 million last year. The increase was mainly due to the introduction of our new ELP product line and ELP sales which commenced in 2009.
The Company's subsidiaries, MenQ Technology Limited ("MenQ China") and MenQ International Limited ("MenQ HK"), are subject to an enterprise income tax ("EIT") rate of 25% of assessable profits and income tax in Hong Kong rate of 16.5% of assessable profits respectively.
Net income, excluding stock based compensation of $1.1 million, grew 47.1%, to $10.0 million in the fiscal year ended 2009, or $0.154 per basic and diluted share, compared to $6.8 million in the year of 2008.
For 2009, cash flow from operations totaled $4.9 million. Cash used in investing activities totaled $0.3 million. Cash used in financing activities totaled $4.7 million in 2009.
As of December 31, 2009, the Company had $0.35 million in cash and cash equivalents, total current assets of $13.2 million and total assets of $14.2 million. The Company's stockholders' equity is $5.2 million as a result of net income earned during the year.
Since January 1, 2010, the Company has signed multiple framework contracts valued at approximately $94 million with local area distributors for the sale of its new Interactive Classroom Solution ("ICS") products, which it plans to launch in 2010, and its new Educational Learning Products ("ELP") which it launched in 2009. The contracts are with local area distributors who have agreed to purchase the Company's products at wholesale prices and sell them within specific authorized geographic locations throughout China, subject to the Company's right to terminate or renew distribution contracts if sales targets are not met.
Approximately $80 million of the Company's contract wins are in the ICS product segment and approximately $14 million are in the ELP segment. The Company expects that as a result of these contracts, the Company's pioneering ICS product sales and distribution network will cover more than 149,000 schools in Guangdong, Shandong, Fujian, Sichuan, Guangxi, Shanghai and Beijing, and that the Company's ELP products will reach retail distribution networks in 18 provinces resulting in more than 2,000 points of sale. The ELP contract wins mark the Company's introduction of its own "Five-Best Student" brand into existing distribution channels throughout China, along with its other licensed brands.
Outlook for 2010
The Company intends to manage its national operations from six regional offices and to continue the development and marketing of its new ELP product line and to expand into its new ICS product segments.
Mr. Ruofei Chen further remarked, "We are very pleased with the continued success of our ELP segment and are very excited with the successful launch of our innovative ICS product line. We believe that our ICS solution will be a key growth driver for the Company as we provide complete end-to-end solutions to schools with new technology at a much affordable price. With new contracts signed up-to-date, we feel comfortable in achieving the 2010 guidance."
Fiscal Year 2010 Guidance
For the full year 2010, the Company projects $90 - $106 million in revenue growth, driven by the expansion into its new ICS product segment and continued expansion of its ELP segment. The Company expects that net income will likely grow to $17 - $20 million.
About China Interactive Education
China Interactive Education, Inc., headquartered in Zhongshan, China, is a pioneer in providing interactive teaching and learning solutions to China's educational institutions, professional training schools, and individuals. The Company's proprietary educational materials, co-developed with one of China's leading universities and groups of educational professionals, are embedded in its self-developed interactive hardware and software solutions. China Interactive Education sells its interactive classroom solutions (ICS) directly to educational institutions, as well as through area distributors, and its electronic learning products (ELP) are sold under its own "Five-Best Student" consumer brand as well as other licensed brands through retail points of sale throughout China. To learn more about the Company, please visit http://www.menq.com.cn.
Safe Harbor Statement
This press release may contain certain 'forward-looking statements' relating to the business of China Interactive Education, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are forward-looking statements, including statements regarding: the significance of the Company's contract wins on the Company's business and operations; the likelihood that the Company's ICS solution will be a key growth driver in 2010 and beyond; the general ability of the Company to achieve its commercial objectives, including the fiscal year 2010 guidance; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as 'believes,' 'expects' or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov/). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
--FINANCIAL TABLES FOLLOW--
CHINA INTERACTIVE EDUCATION, INC.
CONSOLIDATED STATEMENTS OF INCOME
DECEMBER 31, 2009 AND 2008
Net sales $27,488,837 $14,844,024
Cost of sales 14,183,238 6,153,524
Gross profit 13,305,599 8,690,500
Selling, General and
Administrative Expenses 1,557,081 745,562
Income from operations 11,748,518 7,944,938
Merger expenses 1,128,000 -
Other income 1,015 35,146
Income before income taxes 10,621,533 7,980,084
Income taxes 1,721,085 1,162,393
Net income 8,900,448 6,817,691
CHINA INTERACTIVE EDUCATION, INC.
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2009 AND 2008
Cash and cash equivalents $351,544 $440,000
Accounts receivable, net of
allowance 11,006,809 74,755
Inventories 1,152,365 -
Deposits, prepayment and other
receivables 656,236 19,256
Due from a related company - 131,644
Due from related parties - 7,418,985
TOTAL CURRENT ASSETS 13,166,954 8,084,640
Property and equipment 402,897 34,649
Intangible assets 581,604 800,127
TOTAL ASSETS $14,151,455 $8,919,416
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable $4,687,232 $ -
Other payables and accrued expenses 160,449 3,213
Advances from customers 255,852 217,155
Value added and other taxes payable 1,737,623 -
Income tax payable 742,937 16,270
Due to related parties 1,357,954 -
TOTAL CURRENT LIABILITIES 8,942,047 236,638
Common stock, par $0.01;
Authorized capital, 200,000,000
Shares issued and outstanding
(2009:65,000,000, 65,000 60,400
2008: 60,400,000 shares)
Additional paid-in capital 1,128,000 -
Retained earnings 3,540,507 8,288,313
Statutory reserves 87,884 -
Accumulated other comprehensive
income 388,017 334,065
TOTAL STOCKHOLDERS' EQUITY 5,209,408 8,682,778
TOTAL LIABILITIES AND STOCKHOLDERS'
EQUITY $14,151,455 $8,919,416
CHINA INTERACTIVE EDUCATION, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
YEAR ENDED DECEMBER 31, 2009 AND 2008
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income $8,900,448 $6,817,691
Adjustments to reconcile net income to cash
provided by operating activities:
Depreciation of property, plant and
equipment 32,413 6,518
Amortization of intangible assets 219,180 191,124
Merger expenses 1,128,000 -
Decrease (increase) in assets:
Accounts receivable (10,927,444) (74,504)
Inventories (1,151,922) -
Deposits, prepayment and other receivables (636,764) 6,189
Increase (decrease) in liabilities:
Accounts payable 4,685,371 -
Other payable and accrued expenses 154,258 1,281
Advances from customers 38,801 (127,878)
Value added and other taxes payable 1,736,893 -
Income tax payable 726,354 4,126
Net cash provided by operating activities 4,905,588 6,824,547
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property, plant and equipment (400,517) (41,189)
Purchase of intangible assets - (200,000
Repayment from a related company 109,607 77,784
Cash acquired in reverse merger 121 -
Net cash used in investing activities (290,789) (163,405)
CASH FLOWS FROM FINANCING ACTIVITIES:
Due to related parties (4,700,756) (6,471,822)
Net cash used in financing activities (4,700,756) (6,471,822)
Effect of foreign currency translation (2,499) 13,894
Increase (decrease) in cash and cash
equivalents (88,456) 203,214
Cash and cash equivalents, beginning of year 440,000 236,786
CASH AND CASH EQUIVALENTS, end of year 351,544 440,000
SUPPLEMENTAL DISCLOSURE INFORMATION
Finance cost paid - -
Income tax paid 743,204 1,158,267
NONCASH INVESTING AND FINANCING TRANSACTIONS
Share-based payment awarded by a principal
stockholder to consultants for services
related to the reverse merger 1,110,700 -
Dividend paid by way of setoff against
amounts due from related parties 13,487,603 -
Mr. Michael Lin
Vice President, Investor Relations
China Interactive Education, Inc.
Source: China Interactive Education Inc.
CONTACT: Mr. Michael Lin, Vice President, Investor Relations, China
Interactive Education, Inc., +1-949-743-2513, email@example.com
DENVER, April 5 -- NewsGator today announced its NetNewsWire App for iPad is now available on the App Store. The award-winning feed reader has been fully re-engineered to take advantage of iPad's bigger screen real estate and fast processing power. The app enables users to automatically capture blog posts, podcasts and other syndicated content from providers across the Web. It puts this content in a single, intuitive interface for anytime anywhere consumption.
The NetNewsWire App for iPad includes a new split-screen view that shows subscriptions on one side, with articles and Web pages on the other. The app is similar to the desktop version of NetNewsWire but re-imagined for Multi-Touch navigation and the iPad's stunning display.
"We could have simply repackaged our iPhone app, but we recognized the value in re-designing NetNewsWire from the ground up for the revolutionary iPad," said Brent Simmons, creator of the NetNewsWire and TapLynx family of products. "The extra screen real estate means users can do more things, not just take up more space. The faster CPU and additional memory means the code can do more too. Using iPad is just an entirely different experience - it's like you're finally holding that newspad from a hundred different sci-fi movies. It's here."
Brent Simmons has been hard at work rewriting code and the NetNewsWire App for iPad is the first to have it. The team also enlisted star designer Bradley Ellis of RogueSheep, creator of the Apple Design Award winning Postage electronic postcard app.
"Designing great software is about connecting people and computers together in harmony," said Ellis. "People interact with iPads differently so we took special care to design our app for this new user experience. Finding balance between simplicity and power was an interesting challenge with this new, larger screen. We're really proud of what we've produced, and excited about the future as we learn more about iPad."
NetNewsWire/Mac has won an O'Reilly Mac OS X Innovators Award and two Macworld Eddy awards. In 2008, Time Magazine named NetNewsWire for iPhone one of its top 10 iPhone apps.
TapLynx is a division of NewsGator and the name of the company's downloadable framework for affordable, productive development of custom iPhone and iPad Apps. TapLynx is also the foundation of NetNewsWire. For more information, visit http://www.taplynx.com/.
CONTACT: Melissa Risteff, NewsGator, +1-303-552-2035,
firstname.lastname@example.org, or Ed Marshall, Beaupre, +1-603-559-5816,
Create A Custom 'Billboard On Wheels' With New Ford Transit Connect Graphics
DEARBORN, Mich., April 5 -- Ford (NYSE:F) is taking the "wraps" off an innovative new program designed to help business owners customize the vinyl graphics on their Ford Transit Connects.
-- Ford is launching a new program designed to help business owners
customize the graphic wrap on their Ford Transit Connects; vehicle
owners can design and order their graphics at http://www.fordtransitconnectgraphics.com
-- The Web site is designed to accommodate a variety of designs and
-- The Ford Transit Connect - 2010 North American Truck of the Year - is
a fresh choice for small business owners, offering low operating and
ownership costs, a fuel-efficient 2.0-liter engine, ample cargo space
and generous payload capacity
Since its launch last summer, the Transit Connect has been praised by business owners who describe the attention-getting vehicle as a virtual "billboard on wheels." Now Ford is offering current and future commercial customers an online program at http://www.fordtransitconnectgraphics.com that they can use to create their own custom graphic "wraps" using an online library of shapes, lettering and colors that can be manipulated in a number of ways. They also can upload their own images to the site and incorporate them into the design.
"There may be no bigger investment a business owner makes than a first impression," said Len Deluca, director, Ford Commercial Vehicles. "This Web site provides a great way for a business owner to try out a 'look' before making that investment." Designed to accommodate a variety of designs and budgets, the Web site offers nine different graphic sizes - all made of vinyl and installed by the customer's dealer or a specially trained installation company obtained through the dealer. Cost ranges from approximately $100 for a small panel logo to $3,500 for a full vehicle wrap.
Toni Mannino, owner of Original Romano's Pizza & Catering in Orchard Lake, created a custom wrap for her Transit Connect prior to the development of the new Web site. She says the mobile advertising has been great for business.
"Everywhere we go, people stop us and ask about the van," she said. "It gives us great exposure."
Bob Maxey, owner of Bob Maxey Ford in Detroit, sold Mannino her Transit Connect. He says he believes the new Web site will be a valuable asset to customers.
"Wrapping a Transit Connect is a great way to advertise and it is a one-time cost, but a lot of people don't know where to go to get it done," he said. "Having a Ford Web site where people can design their own custom wrap and get it done right then and there is huge."
The Web site is the first of its kind for commercial customers, according to Jim Abraham, Ford's Licensed Accessories manager. It evolved from http://www.fordcustomgraphics.com, a Web site that Ford retail customers can use to customize their personal vehicles. Approximately 9,000 customers have used that site since it launched in November 2009.
"Ford knows that customers want a vehicle to be all their own," said Abraham. "This Web site allows them to put their personal stamp on their vehicle and have the product installed at a Ford dealer and backed by a warranty."
The new interactive Web site was created for Ford by Original Wraps Inc., a provider of "on-demand" custom graphics to the automotive industry. The Transit Connect site is the first of many sites designed specifically for the Ford vehicle portfolio expected to launch this year.
Awards and accolades for the 2010 Ford Transit Connect include:
-- 2010 North American Truck of the Year
-- 2010 Editors Choice for Vans by CAR and DRIVER magazine
-- Detroit Free Press 2010 Truck of the Year
-- The Detroit News 2010 Truck of the Year
-- 2010 Popular Mechanics Automotive Excellence Award for Best Workhorse
-- A Great Car for the Small Business Delivery/Utility Worker by Kelley
Blue Book kbb.com
-- Heavy Duty Trucking's Top 20 Product
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 198,000 employees and about 90 plants worldwide, the company's automotive brands include Ford, Lincoln, Mercury and Volvo. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit http://www.ford.com.
Source: Ford Motor Company
CONTACT: Anne Marie Gattari, +1-313-323-7809, email@example.com, or
Robert Parker, +1-313-845-0784, firstname.lastname@example.org, both of Ford
LG Electronics, Certification Experts Team Up for Global Energy Efficiency Testing
Landmark agreement with international certification bodies promotes worldwide testing approach, helps assure compliance
ENGLEWOOD CLIFFS, N.J., April 5 -- Underscoring its commitment to energy efficient products, LG Electronics Inc. today signed a memorandum of understanding (MOU) with three of the world's top certification authorities to promote reliable methods for testing the energy efficiency of consumer electronics and home appliance products around the globe.
The three bodies - Underwriters Laboratories Inc. (UL), Intertek and CSA International - will put LG products through rigorous tests to ensure they comply with the highest standards of energy efficiency and applicable government requirements. By voluntarily submitting its products to all three certification organizations, LG intends to further enhance its reputation in the area of energy efficiency.
"By making excellent products whose energy efficiency can be independently verified, LG is at the forefront of international efforts by manufacturers to conserve energy," said LG Electronics Vice Chairman and CEO Yong Nam. "This initiative is another example of LG's proactive approach to responsibly managing energy usage and verifying the reliability of our results while further strengthening LG's position as a leader in consumer electronics and home appliances."
The MOU was signed at LG corporate headquarters in Seoul by top management from each organization: LG CEO Nam; Dr. Woo Paik, LG Electronics President and Chief Technology Officer; Keith E. Williams, Global CEO of UL; Gregg Tiemann, Global CEO of Intertek Commercial & Electrical; Ash Sahi, Global CEO of CSA Group.
By joining hands with three internationally respected certifying bodies, LG aims to promote, in cooperation with other stakeholders and governmental authorities, a trusted uniform testing system that can be used around the globe. This will increase consumer confidence in energy-efficient electronics products and reduce unnecessary regional barriers to world trade.
Under the agreement, UL, Intertek and CSA International will inspect products from LG's factories around the world and conduct tests in nine initial categories including refrigerators, air conditioners, washing machines and TVs. The number of products will gradually increase to encompass LG's full product portfolio.
The three bodies will evaluate the company's progress in the LG Electronics Energy Assurance Program (LEAP), which will focus on both consistent energy consumption performance and enhancing energy efficiency in the manufacturing process.
UL, Intertek and CSA International conduct energy efficiency tests throughout North America, Europe and Asia and are recognized as world authorities in the field:
-- UL Environment is a wholly-owned subsidiary of Underwriters
Laboratories Inc., a global leader in conformity assessment that has
been testing products and writing standards for more than a century.
UL offers the Environmental Claims Validation service for testing and
validating manufacturers' environmental claims and Sustainable Product
Certification, a service testing and certifying products to accepted
industry standards for environmental sustainability.
-- Intertek is a leading global provider of quality safety solutions
serving a wide range of industries. Intertek has the expertise,
resources and global reach to support its customers through its
network of more than 1,000 laboratories and offices in more than 100
countries around the world.
-- CSA International is a provider of product testing and certification
services for electrical, mechanical, plumbing, gas and a variety of
other products. Recognized in the U.S., Canada and around the world,
CSA International certification marks appear on billions of products
worldwide. CSA International is a division of CSA Group, which also
includes CSA Standards, a leading solutions based standards
About LG Electronics, Inc.
LG Electronics, Inc. is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing more than 82,000 people working in over 115 operations around the world. With 2009 global sales of 55.5 trillion Korean Won (43.4 billion US Dollars), LG comprises of five business units - Home Entertainment, Mobile Communications, Home Appliance, Air Conditioning and Business Solutions. LG is one of the world's leading producers of flat panel TVs, audio and video products, mobile handsets, air conditioners and washing machines. LG has signed a long-term agreement to become both a Global Partner of Formula 1(TM) and a Technology Partner of Formula 1(TM). As part of this top-level association, LG acquires exclusive designations and marketing rights as the official consumer electronics, mobile phone and data processor of this global sporting event. For more information, please visit http://www.lg.com.
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a global force and technology leader in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a range of stylish and innovative home entertainment products, mobile phones, home appliances and business solutions, all under LG's "Life's Good" marketing theme. For more information, please visit http://www.LGusa.com.
Source: LG Electronics USA, Inc.
CONTACT: John I. Taylor of LG Electronics USA, +1-847-941-8181,
email@example.com, or Sally Lee of LG Electronics, Inc., +822 3777 6483,