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March 31, 2010

Kaleidescape Delivers Online System Dashboards and Automatic Notifications

Poster: SySAdmin
Posted on March 31, 2010 at 8:07:01 AM
Kaleidescape Delivers Online System Dashboards and Automatic Notifications

Kaleidescape Alerts Provide Early Notice Of Potential Problems

SUNNYVALE, Calif., March 31 -- Kaleidescape, Inc., the leader in movie servers, today announced the availability of online system dashboards for customer movie servers coupled with automatic email Kaleidescape Alerts that provide immediate notification to a customer's dealer when service is required. The new online dashboards provide a graphical depiction of the status of each component, making it easier to diagnose the cause of a problem and schedule preventative maintenance.

"With this expanded service offering, our customers can rest assured that their movie library, movie servers and other home entertainment components are safe," said Michael Malcolm, Kaleidescape Founder, Chairman and CEO. "Our dashboards and alerts offer a variety of diagnostic information to dealers about the Kaleidescape movie servers they install."

KEAOS 3.8, the current version of the Kaleidescape Entertainment Appliance Operating System, continually analyzes the temperatures of Kaleidescape components. If a component gets too hot or too cold, an email alert is automatically sent to the customer's dealer. Temperature alerts help dealers reduce the number of equipment failures and the risk of unplanned downtime for their clients. These tools also indirectly monitor the temperatures of surrounding environments, which can help protect other equipment.

"Kaleidescape has always been renowned for providing excellent product design, elegant user interfaces, and an unmatched movie-watching experience for our customers," said Arthur Mayo, President of S3 Entertainment in Park City, Utah. "With these new utilities, we can provide an extraordinary level of support to go along with it."

The online dashboards are available on the Kaleidescape Extranet. Dealers can use them to view current and historical component temperatures, remaining storage capacity, disk failures, Internet connection state, and KEAOS version.

Kaleidescape delivers KEAOS software updates automatically via the Internet, without the need for any dealer or user intervention. KEAOS 3.8 was delivered automatically to all dealer and customer movie servers worldwide effective March 8, 2010.

About Kaleidescape

The Kaleidescape movie server redefines home entertainment by transforming the way movies are enjoyed throughout the home. The Kaleidescape movie server delivers a powerful and entertaining movie-watching experience for the family, and provides peace of mind to the owner. Kaleidescape, Inc. was founded in 2001 and is based in Sunnyvale, California. Kaleidescape products are available through custom-installation dealers and distributors throughout the world. For additional information, please visit http://www.kaleidescape.com.

Kaleidescape and the Kaleidescape logo are trademarks of Kaleidescape, Inc.; they are registered in the United States and certain other jurisdictions. Other trademarks and trade names are owned by third parties and may be registered in some jurisdictions.

Source: Kaleidescape, Inc.
   

CONTACT:  Linus Wong, Director, Product Marketing, Kaleidescape, Inc.,
+1-650-625-6140, linus.wong@kaleidescape.com

Web Site:  http://www.kaleidescape.com/
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Dot Hill Takes Remote Replication Mainstream, Delivers Complete Suite of Disaster Recovery Applications Standard with Latest AssuredSAN Storage Systems Lineup

Poster: SySAdmin
Posted on March 31, 2010 at 8:00:01 AM
Dot Hill Takes Remote Replication Mainstream, Delivers Complete Suite of Disaster Recovery Applications Standard with Latest AssuredSAN Storage Systems Lineup

Company broadens portfolio of solutions for expanded, award-winning channel program; AssuredSAN 3000 Series brings midrange-featured solutions to entry-level customers

LONGMONT, Colo., March 31 -- Dot Hill Systems Corp. (NASDAQ:HILL), a provider of world-class storage solutions and software for OEMs, open storage partners and system integrators, today expanded its award-winning channel program with the introduction of its next-generation AssuredSAN(TM) disk-to-disk data protection appliances targeted at small-to-medium businesses (SMBs).

The Dot Hill AssuredSAN 3000 Series, based on the company's new 3000 Series storage platform announced in February, features a suite of disaster recovery applications, including Dot Hill's new AssuredRemote(TM) remote replication software. By including robust volume copy, snapshot and remote replication as standard in the AssuredSAN 3000 Series, Dot Hill makes affordable, comprehensive disaster recovery solutions available to the entry level space through its growing base of channel partners.

The latest addition to Dot Hill's powerful suite of advanced data management offerings, Dot Hill AssuredRemote is completely integrated into Dot Hill AssuredSAN 3000 storage appliances, providing easy-to-use, remote office data protection and eliminating the need for expensive, third party, host-based software. The combination of AssuredSnap(TM) snapshot, AssuredCopy(TM) volume copy, and AssuredRemote functionality, together in the AssuredSAN 3000 line, enables Dot Hill channel partners to deliver a complete disaster recovery offering for SMBs. This low maintenance, cost-effective approach to remote data protection, recovery, and migration, significantly reduces the burden of meeting modern data retention policies and compliance testing associated with government regulations such as the Sarbanes-Oxley and HIPAA acts.

With embedded-in-the-array remote replication of snapshot volumes, AssuredRemote offloads backup operations from critical application servers, thereby creating little to no impact to production servers by asynchronously copying and synchronizing data for up to 16 volumes simultaneously, directly between two AssuredSAN 3000R appliances via the local storage area network (SAN) or wide area networks (WANs). Replication can operate via the Fibre Channel ports and/or the iSCSI ports in the case of the dual protocol AssuredSAN 3900 models, and fully supports high-availability failover using dual controllers.

"The arrival of the AssuredSAN 3000 Series gives us an incredible opportunity to bolster our professional services offerings," said Howie Evans, vice president of Dallas Digital Services. "By introducing affordable, turnkey data protection solutions into the SMB space, Dot Hill presents us with new opportunities to enhance this additional revenue stream."

"Building on the success of Dot Hill's AssuredSAN 2000 Series, the addition of enhanced snapshot and AssuredRemote features to the new AssuredSAN 3000 Series helps to create a reliable disaster recovery solution at a competitive price point. The new 8Gb Fibre Channel connectivity and an option for multiprotocol Fibre Channel and iSCSI hosts within the same solution will also put this system at the forefront of the industry," states Paul Hickingbotham, solutions manager at Hammer plc.

"The response to our AssuredSAN launch in September was extremely positive," said David Zimmer, vice president of worldwide channel sales and marketing, Dot Hill. "Customers told us that they would like to see more data protection features such as AssuredSnap and AssuredCopy in future-generation products. The AssuredSAN 3000 Series is the result; by adding AssuredRemote to our new 8Gb Fibre Channel-based 3000 Series architecture, we're providing SMB customers with affordable, midrange-featured data protection appliances."

The AssuredSAN 3000 Series bolsters the award-winning Dot Hill Authorized Partner Program by arming Dot Hill channel partners with a broad portfolio of storage solutions, extended warranties and professional services opportunities. Dot Hill provides extensive resources, tools and support to enable channel partners' success, including lead generation, marketing assistance, opportunity registration discounts, and in-field sales support.  Backed by a three-year warranty, Dot Hill AssuredSAN 3000 Series storage systems are available in a wide variety of configurations including AssuredSAN "R" models with AssuredRemote, AssuredSnap and AssuredCopy; AssuredSAN "S" models with AssuredSnap and AssuredCopy; and AssuredSAN "C" base models with free 60-day trial access to data protection software. Flagship configurations include:

  --  AssuredSAN 3930R Hybrid 8Gb Fibre Channel/iSCSI with 12 3.5-inch disk
      drives
  --  AssuredSAN 3920R Hybrid 8Gb Fibre Channel/iSCSI with 24 2.5-inch disk
      drives
  --  AssuredSAN 3730R 8Gb Fibre Channel with 12 3.5-inch disk drives
  --  AssuredSAN 3720R 8Gb Fibre Channel with 24 2.5-inch disk drives

  Additional Information and Availability

The Dot Hill AssuredSAN 3000 Series is available through Dot Hill channel partners now. List prices are expected to start at $20,200 for a dual controller Fibre Channel system fully populated with 500GB SATA drives.

For more details about Dot Hill's 3000 Series architecture, visit http://www.dothill.com/3000series. For more information on Dot Hill AssuredSAN disaster recovery solutions, visit: http://www.dothill.com/products/san-arrays/.

About Dot Hill

Delivering innovative technology and global support, Dot Hill empowers OEMs and resellers to bring unique storage solutions to market, quickly, easily and cost-effectively. Offering high performance and industry-leading uptime, Dot Hill's RAID technology is the foundation for best-in-class storage solutions offering enterprise-class security, availability and data protection. The company's products are in use today by the world's leading service and equipment providers, common carriers, advanced technology and telecommunications companies as well as government agencies. Dot Hill solutions are certified to meet rigorous industry standards and military specifications, as well as RoHS and WEEE international environmental standards. Headquartered in Longmont, Colo., Dot Hill has offices and/or representatives in China, Germany, Israel, Japan, United Kingdom and the United States.

  For more information, visit us at http://www.dothill.com.

  HILL-G

Certain statements contained in this press release regarding matters that are not historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by the statements. Forward-looking statements include statements regarding: the size and timing of orders for Dot Hill's new AssuredSAN 3000 Series products; any improvement in Dot Hill's financial results due to the availability of the new products; the benefits and cost savings provided by the AssuredSAN 3000 series; the performance of the AssuredSAN 3000 Series in particular environments; and the dates and continued availability of the AssuredSAN 3000 Series. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such statements. The risks that contribute to the uncertain nature of the forward-looking statements include: the fact that no Dot Hill customer has committed to any mandatory minimum purchase requirements for the AssuredSAN 3000 series; that series is new and therefore Dot Hill has limited experience with it both technologically and with respect to market acceptance; changing customer preferences in the open systems computing market; and unforeseen supply, technological, intellectual property or engineering issues. However, there are many other risks not listed here that may affect the future business of Dot Hill, as well as the forward-looking statements contained herein. To learn about such risks and uncertainties, you should read the risk factors set forth in the company's public filings with the SEC, including the Forms 8-K, 10-K and 10-Q most recently filed by Dot Hill. All forward-looking statements contained in this press release speak only as of the date on which they were made. Dot Hill undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

  Contact:
  Steve Sturgeon
  Lutz PR
  858-472-5669
  ssturgeon@san.rr.com

  Company Contact:
  Ruth Macdonald
  Marketing Communications Manager
  720-839-6614

Source: Dot Hill Systems Corp.
   

CONTACT:  Steve Sturgeon of Lutz PR, +1-858-472-5669,
ssturgeon@san.rr.com, for Dot Hill; or Ruth Macdonald, Marketing
Communications Manager of Dot Hill, +1-720-839-6614

Web Site:  http://www.dothill.com/
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Guitar Hero(R) 5 and Band Hero(TM) Roll Into April With Hot New Rock Additions to the Guitar Hero Music Library

Poster: SySAdmin
Posted on March 31, 2010 at 7:35:01 AM
Guitar Hero(R) 5 and Band Hero(TM) Roll Into April With Hot New Rock Additions to the Guitar Hero Music Library

Gamers to Get Black Sabbath Master Tracks for the First Time Ever, as Well as Music from Lynyrd Skynyrd, Fall Out Boy, Blur, The All-American Rejects, Saving Abel and Phoenix

SANTA MONICA, Calif., March 31 -- Activision Publishing, Inc.'s (NASDAQ:ATVI) April lineup of downloadable songs is sure to satisfy with huge rock bands and popular tracks for Guitar Hero® 5 and Band Hero(TM) players this month.  With the addition of tracks from Lynyrd Skynyrd, Fall Out Boy, Blur, The All-American Rejects, Saving Abel, Phoenix and Black Sabbath, the Guitar Hero music library continues to evolve and expand, providing hours of entertainment for fans of all music genres.

Southern rock band Lynyrd Skynyrd kicks off the month of downloadable music on April 1, with a three song track pack featuring the rock anthem that first brought the band national attention, "Free bird."  In addition, gamers will also get the popular singles "Simple Man" and "Gimme Three Steps" off Lynyrd Skynyrd's 1973 debut album.

On April 8, gamers can let the good times roll with the Fall Out Boy Track Pack, which contains three hits from their certified-platinum album Infinity on High.  "Thnks fr th Mmrs," "This Ain't a Scene, It's an Arms Race" and "The Take Over, The Breaks Over" will have players rocking out to the creative lyrics and catchy tunes that helped garner the band mainstream success.

Gamers looking for more great songs to expand their music libraries are in for a treat as Guitar Hero throws three hot singles into the mix.  "Gives You Hell," the 2008 hit single by The All-American Rejects, "There's No Other Way" by alternative rock band Blur and "Addicted" off Saving Abel's debut self-titled album will be available as downloadable singles starting April 15.

On April 22, the stage is set for Grammy Award winning French alternative rock band, Phoenix, to make their Guitar Hero debut.  "Everything Is Everything" from Phoenix's 2005 album, Alphabetical, will join "Lisztomania" and "1901," from their award winning 2009 album, Wolfgang Amadeus Phoenix, to give fans of the band a new way to experience the music they know and love.

Driving home the broad selection of rockin' Guitar Hero 5 and Band Hero downloadable music is heavy metal pioneer and Rock and Roll Hall of Fame inductee, Black Sabbath, on April 29.  The unforgettable and intense experience that is Black Sabbath comes to music gaming fans, as master tracks, for the first time, featuring "After Forever," "Into The Void" and "Sweet leaf," three tracks off their double-platinum album Master of Reality

The Lynyrd Skynyrd, Fall Out Boy, Phoenix and Black Sabbath track packs will be available on Xbox LIVE® Marketplace for the Xbox 360® video game and entertainment system from Microsoft for 440 Microsoft Points, on the PlayStation®Store for the PlayStation®3 computer entertainment system for $5.49 and for Wii(TM) for 550 Wii Points(TM).  All songs in each track pack, as well as The All-American Rejects, Blur and Saving Abel tracks, will also be released as downloadable singles for the Xbox 360® video game and entertainment system from Microsoft for 160 Microsoft Points, PlayStation 3 system for $1.99 and Wii for 200 Wii Points each.  In addition to the in-game music store and the Xbox LIVE Marketplace for Xbox 360, Xbox 360 owners can expand their Guitar Hero music library using the Guitar Hero VIP Pass Music Store, available exclusively on Xbox LIVE® online entertainment network.

For more information about Guitar Hero 5, Band Hero and their entire line-up of downloadable songs, please visit http://www.guitarhero.com.

About Activision Publishing, Inc.

Headquartered in Santa Monica, California, Activision Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Australia, Russia, Japan, South Korea, China and the region of Taiwan. More information about Activision and its products can be found on the company's website, http://www.activision.com.

Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing's expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. Activision Publishing generally uses words such as "outlook," "will," "could," "would," "might," "remains," "to be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimate," future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming" and similar expressions to identify forward-looking statements. Factors that could cause Activision Publishing's actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, sales levels of Activision Publishing's titles, shifts in consumer spending trends, the impact of the current macroeconomic environment, the seasonal and cyclical nature of the interactive game market, Activision Publishing's ability to predict consumer preferences among competing hardware platforms, declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision Publishing's products, adoption rate and availability of new hardware (including peripherals) and related software, industry competition, rapid changes in technology, industry standards and consumer preferences, protection of proprietary rights, litigation against Activision Publishing, maintenance of relationships with key personnel, customers, licensees, licensors, vendors and third-party developers, counterparty risks relating to customers, licensees, licensors and manufacturers, domestic and international economic, financial and political conditions and policies, foreign exchange rates and tax rates, integration of recent acquisitions and the identification of suitable future acquisition opportunities, and the other factors identified in the risk factors section of Activision Blizzard's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

© 2009 Activision Publishing, Inc. Guitar Hero and Activision are registered trademarks and Band Hero is a trademark of Activision Publishing, Inc. All other trademarks and trade names are the properties of their respective owners. All rights reserved.

"PlayStation" is a registered trademark of Sony Computer Entertainment Inc.  Microsoft, Xbox, Xbox 360, Xbox LIVE, and the Xbox logos are trademarks of the Microsoft group of companies. Wii is a trademark of Nintendo. All rights reserved.

Source: Activision Publishing, Inc.
   

CONTACT:  Drew Meyer, Junior Publicist, Guitar Hero, +1-310-255-2606,
ameyer@guitarhero.com

Web Site:  http://www.activision.com/

Company News On-Call:  http://www.prnewswire.com/comp/007396.html
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Industry Pioneers Launch SimpleGeo, the Easiest Way to Add Location-Based Services to Any Application

Poster: SySAdmin
Posted on March 31, 2010 at 7:14:01 AM
Industry Pioneers Launch SimpleGeo, the Easiest Way to Add Location-Based Services to Any Application

More than 4,000 Partners Already Developing Location-Based Applications with SimpleGeo

SAN JOSE, Calif., March 31 -- With location-based services clearly on the rise, SimpleGeo today formally introduced the SimpleGeo location services infrastructure to provide the foundation for a whole new level of intelligent, location-aware applications. The ready-to-use location infrastructure makes it easy and cost-effective to add geo-aware features to applications.

Founder and CEO Matt Galligan will unveil the platform today at 12:10, at the O'Reilly Where 2.0 Conference 2010, in the Launch Pad session, where chosen entrepreneurs will debut their companies or launch new products onstage.

Built with developers in mind, SimpleGeo eliminates the excessive time and money spent to build and scale location infrastructure.  For the first time, easy-to-use technology and tools will allow customers to have location-based services operational in minutes.  SimpleGeo provides client libraries and SDKs that enable app developers to get up and running quickly on the platform.  The SimpleGeo iPhone SDK makes it easy to build an augmented reality interface in dramatically less time.

At launch, the company already has more than 4,000 developers utilizing the SimpleGeo platform for new and existing applications, including major innovators such as Bump Technologies and ngmoco. More than 1,000 additional developers are awaiting the product's formal launch. The company is introducing two major products today:

  --  The scalable, cloud-based SimpleGeo Storage Engine is a pay-as-you-go
      system that allows users to store location data and perform geospatial
      and temporal queries efficiently.
  --  The SimpleGeo Marketplace allows developers to discover a wealth of
      geodata from numerous sources, all normalized and available in one
      location.  The SimpleGeo Marketplace creates a new economy for geodata
      providers, putting them directly in touch with developers that want to
      use their data. Currently there are billions of points of geodata in
      the market that customers can access, and it continues to grow.  Data
      is accessed through a per-use or monthly subscription, or a limited
      free version.

"With the prevalence of location-aware mobile devices and faster mobile connections, location-based services will not only be the next big thing,  the use of location will be leveraged in every application," said Matt Galligan, co-founder and CEO of SimpleGeo. "SimpleGeo is at the nexus of location technology, providing all of the tools and data necessary for developers to make their apps location-aware in a matter of minutes."

Industry analysts believe geo-location will profoundly affect the evolution of the Internet, wireless communications and applications.

"Almost any mobile application can benefit from the use of location intelligence data," said Ted Morgan, co-founder and CEO of Skyhook Wireless. "SimpleGeo will help grow the use of location within apps by making it easier than ever to integrate smart location services like Skyhook's SpotRank."

The company recently announced a major partnership with Skyhook Wireless to leverage SpotRank to tap into the data from the company's positioning technology used in tens of millions of devices around the globe. Also announced today are key partnerships with deCarta, ESRI, Localeze, MetaCarta, Quova, Skyhook Wireless, Stamen Design, and Weather Decision Technologies. These partnerships expand the possibilities and reach of SimpleGeo, increasing the capability of the platform.

S.J. Camarata, a director of ESRI, stated, "ESRI looks forward to forging a new relationship with SimpleGeo. Their technology is complementary with our ArcGIS platform and we anticipate that many of the SimpleGeo users and developers will benefit from the easy to use and very powerful capabilities that we provide in our new Cloud-Ready release of ArcGIS 10. Developers using the SimpleGeo Marketplace will also be able to take advantage of the upcoming ArcGIS.com by registering and providing data to the ESRI user base and will gain access to the vast array of content from many of the world's most authoritative geospatial content providers."

SimpleGeo has raised over $1.5 million seed round funding to date, led by First Round Capital and angel investors including Ron Conway, Kevin Rose, Chris Sacca and Shawn Fanning. Founded by Socialthing founder Matt Galligan and former Digg Chief Architect Joe Stump, the company has already generated significant industry buzz through the launch of Vicarious.ly, a sample app that uses a visual representation of real-time location-based stream of information to showcase the company's technology and data.  Vicarious.ly also highlights the company's strong application partners, including BlockChalk, Brightkite, Bump Technologies, Flickr, Fwix, Foursquare, Gowalla, and Twitter.

SimpleGeo is headquartered in Boulder, CO, and recently opened a new office in San Francisco to house key hires for the company, including:

  --  GIS expert Schuyler Erle as Geographer
  --  Seth Fitzsimmons as Cartographer, location pioneer formerly of Yahoo's
      Fire Eagle, and Flickr
  --  Andrew Mager as Developer Advocate, formerly of Ning and CNET
  --  Ben Standefer as Systems Engineer, formerly of EventBrite and Digg
  --  Kim Vogt as Systems Engineer, formerly of Lawrence Livermore
      Labs/Hadoop

  For additional information, visit http://www.simplegeo.com/

  About SimpleGeo

SimpleGeo provides a ready-to-use platform that makes it easy to store, scale and discover geodata for use on the web and applications. Founded in May 2009 by Joe Stump and Matt Galligan, SimpleGeo has raised over $1.5 million seed round funding to date led by First Round Capital and other influential angel investors. SimpleGeo has offices in both Boulder, CO and San Francisco, CA.

Source: SimpleGeo
   

CONTACT:  Niko Felix of Sparkpr, +1-415-321-1885, Niko@sparkpr.com, for
SimpleGeo

Web Site:  http://www.simplegeo.com/
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QlikTech Responds to Enterprise Demand with Launch of Global QlikView Scalability Center

Poster: SySAdmin
Posted on March 31, 2010 at 7:14:01 AM
QlikTech Responds to Enterprise Demand with Launch of Global QlikView Scalability Center

Enterprise Customers and Partners Test Performance for Expanding Deployments with Powerful Multi-core Intel Processors

RADNOR, Pa., March 31 -- QlikTech, a leading business intelligence company, today announced the launch of the QlikView Scalability Center in Lund, Sweden. The Scalability Center is designed to help global enterprise customers understand how their QlikView environment will perform with large data sets and user numbers in enterprise deployments.  As an Intel ISV partner, QlikTech has the opportunity to test its performance on the latest chipsets before they are brought to market.  QlikTech R&D and its newly formed Scalability Center will continue to keep pace with the significant advances in computing speed, including leveraging the "Nehalem" chip design in the Intel® Xeon® 7500 processor series launched yesterday.

The QlikView Scalability Center has been instrumental in allowing key customers to establish metrics needed to optimize enterprise wide deployment of a QlikView application. These metrics include the performance profiles of individual deployments, hardware requirement forecasting, and the impact of adding more users or analysis areas and alternative configuration and deployment scenarios.

QlikView's highly scalable in-memory architecture benefits greatly from hardware advances because its in-memory associative technology leverages two important computer hardware trends: 64-bit computing, which increases memory capacity, and multi-core central processing units (CPUs) which allow for parallel processing of complex calculations.  Because of these capabilities, QlikView is able to store data in-memory and perform real-time calculations on a massive volume of data from disparate sources at unprecedented speed.   The platform integrates with nearly all data sources and can scale from a single user to enterprise deployments without requiring significant additional infrastructure.

"The QlikView Scalability Center was formed as it became clear that the testing needs of our enterprise customers now demand a dedicated resource," said Henrik Been, Executive Director, Products. "Here we are able to show how we can scale linearly with Intel's latest multi-core offerings, and prove why industry analysts often call QlikView the most performant Business Intelligence platform."

QlikView has been specifically optimized to provide end users with a high-speed, click-as-you-think, analytic experience.  This is achieved by:

  --  spreading the calculation load across all available CPU cores rather
      than simply running algorithms in a sequence
  --  optimizing work load across many concurrent users, with each user's
      calculations using the full power of the underlying server
  --  caching results across users so the most commonly used calculations
      are performed the least number of times making the application smarter
      and faster over time

"In-memory BI eliminates the disk input/output bottleneck, and additional speed improvements will come from widening the next bottleneck: overloaded CPUs. Processor clock speeds are no longer increasing -- modern CPUs have more cores, but the individual cores are not much faster than their predecessors. So throughput is improving, but the performance available for individual tasks is no longer improving dramatically," said Barney Finucane analyst at BARC, publisher of The BI Verdict. "Taking maximum advantage of multi-core CPUs -- with eight or more cores per CPU -- is a good way for in-memory BI tools to increase performance, allowing BI applications to harness the entire power of the CPU. A customer test center is a good way for QlikView to prove its performance claims of getting to data so unusually fast by optimizing performance of the newest releases of CPU power."

About QlikTech

QlikTech pioneered the in-memory business intelligence space on the premise that meaningful analysis belongs in the hands of the users who need the information, when they need it.  Its QlikView product is designed to deliver immediate business answers and enable users to easily explore their data without limits. Unlike traditional BI, QlikView can deliver value with payback measured in days or weeks rather than months, years, or not at all.  It can be deployed on premise, in the cloud, or on a laptop or mobile device--from a single user to the largest global enterprise.  QlikTech has more than 12,000 customers in 95 countries and over 800 partners worldwide. For more information, please visit http://www.qlikview.com.

QlikTech and QlikView are trademarks or registered trademarks of QlikTech International AB. Other company names, product names and company logos mentioned herein are the trademarks, or registered trademarks of their respective owners.

Contact: Stephen Gilmore, M S & L

Email: Stephen.Gilmore@mslworldwide.com; Phone: 212-468-4056

Source: QlikTech
   

CONTACT:  Stephen Gilmore, M S & L, Stephen.Gilmore@mslworldwide.com,
+1-212-468-4056

Web Site:  http://www.qlikview.com/
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Triangle Game Conference Announces Keynotes, Event Schedule and Game Development University Syllabus

Poster: SySAdmin
Posted on March 31, 2010 at 7:14:01 AM
Triangle Game Conference Announces Keynotes, Event Schedule and Game Development University Syllabus

Still Time to Register for Immersive Learning Exchange

RALEIGH, N.C., March 31 -- The Triangle Game Conference (TGC), scheduled for April 7-8, 2010 at the Raleigh Convention Center and Marriott City Center, today announced the conference will feature keynote addresses by Chad Dezern, Studio Director at Insomniac Games, and John Zuur Platten, co-founder of the Bureau of Film & Games. TGC has also announced the schedule of events for panels and lectures, including speaker selections for Game Development University, a syllabus of lectures recommended for attending students and aspiring game developers.

To view the master schedule of events, visit http://www.trianglegameconference.com/content/schedule_program

To register for the conference, visit http://www.trianglegameconference.com/apps/register.

Keynotes

Chad Dezern's keynote address, entitled, "The Portable Culture: Inside Insomniac's Expansion," will explore the genesis of Insomniac's move to the Triangle in 2009, the philosophy behind the studio's string of worldwide hits and how the company translated that philosophy to a new team in a new state.

Dezern will provide insight into Insomniac's approach to making games, including team structure and collaboration, design methods, idea generation, and production schedule. He will also share studio best practices and lessons learned.

Dezern oversees all aspects of development and content creation at Insomniac's studio in Durham, N.C. Prior to heading up the studio, he served as an Art Director, Environment Art Director, Senior Artist and Production Artist during his tenure at Insomniac. His credits include 15 shipped titles from Insomniac, DreamWorks Interactive and Disney Interactive.

John Zuur Platten will share his experiences as a pioneer at the forefront of immersive technology video games and cinema in his keynote address, "To Me, it's a Table: The Craftsmanship of Creativity." From humble beginnings as a tour guide at Universal Studios to producing blockbuster entertainment and cutting edge games including Avatar, The Chronicles of Riddick and Transformers, Platten will weave a vision of the past, present and future of immersive entertainment.

Early in his career, Platten was a production coordinator as well as post-production and visual effects supervisor for a variety of videogame series. Platten's early work as Visual Effects Producer on the Sega CD's Ground Zero Texas and Double Switch led to a relationship with Sega, where he designed, produced and wrote the highly successful Sega CD, Tomcat Alley.

Platten's projects released last year include: Wanted: Weapons of Fate, Ghostbusters, Project: Origin (sequel to F.E.A.R.), Dark Athena (the next chapter in the Riddick saga) and Wheelman. In development is Sin City, based on the cult graphic novels of Frank Miller, I Am Alive and HAWx for Ubisoft, Nuts for Square/Enix and Real Fighter for AMA. Other recent video game projects include Fantastic Four, Space Chimps, Scooby-Doo: Unmasked, Teen Titans and Constantine.

Speaker Tracks and Game Development University

As previously announced, TGC 2010 will offer attendees five extensive tracks comprised of panels, lectures and discussions on top industry issues and trends. Speaker sessions will run Wednesday, April 7 and Thursday, April 8 from 9:30 a.m. - 5:00 p.m.

  The five tracks include:
  --  Game Development
  --  Engines and Middleware
  --  Immersive Learning
  --  Business of Games
  --  Games and Media

Attending students and aspiring developers are encouraged to follow the "Game Development University" (GDU) program, a hand-picked selection of lectures and panels designed for helping attendees tap into education resources and make connections with industry leaders.

  The GDU program recommendations include:
  --  "Monetizing Your Flash Game" by Christopher Gregorio, XDragonX10
      Productions
  --  "Unity Indie Development" by Zachariah Inks and Stephen Cooney,
      Digital Roar Studios
  --  "Breaking into the Games Industry" by John Austin, Emergent Game
      Technologies
  --  "Indie Game Studio on a Shoe String Budget" by John Lyons, Digital
      Roar Studios
  --  "Level Design Using Unreal" by Brad Swearingen, Epic Games
  --  "Challenges and Solutions in Building Browser Based Games" by Jobe
      Makar, Electrotank
  --  "Physics for Game Programmers" by Jim Van Verth, Insomniac Games
  --  "Unreal Engine 3: Current Status and Latest Features" by Alan Willard,
      Epic Games
  --  "What Video Game Designers Can Learn from Tabletop Games" by Lewis
      Pulsipher, Fayetteville Technical Community College

To view the GDU syllabus schedule, visit http://www.trianglegameconference.com/content/expo/gdu.

For a listing of all conference speakers, visit http://www.trianglegameconference.com/content/speaker_list.

Career Lounge

For students who follow the GDU syllabus and are thirsting for more, TGC encourages visits to the TGC Career Lounge, which will feature 45-minute roundtables with industry professionals discussing critical topics such as:

  --  Navigating the shifting landscape of the industry,
  --  Preparing for interviews,
  --  A day in the life at work, and
  --  Starting your own company.

Roundtable hosts will include experts such as Joseph Drust, Senior Character Artist for Vicious Cycle; Demond Rogers, Level Designer for Epic Games; Garner Halloran, Tools Programmer for Insomniac Games; and Chris Deavellar, Art Director for Icarus Studios.

For more information about the Career Lounge and times when industry professionals will be hosting roundtables and work critiques, visit http://www.trianglegameconference.com/content/expo/careerfair.

Resume Submissions and Work Critiques

In the TGC Career Lounge, attendees will have access to local companies currently hiring and the ability to apply electronically for posted positions through on-site computer kiosks. Attendees are encouraged to bring electronic files of their resumes for posting.

For those interested in receiving a critique of their work, a demo kiosk will be set up to review portfolios via the Web, disk or drive.

About Triangle Game Conference

Held in Raleigh, North Carolina, the Triangle Game Conference is the East Coast forum for networking, career building and sharing gaming industry expertise. The conference presents a program of lectures by industry experts, a Career Fair and Expo at the Raleigh Convention Center and Marriott City Center. For more information, please visit http://www.trianglegameconference.com or check out TGC on Facebook and Twitter to get the most up-to-date information on the conference.

Source: Triangle Game Conference
   

CONTACT:  Christine Hall, Capstrat, +1-919-882-1998, chall@capstrat.com

Web Site:  http://www.trianglegameconference.com/
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Cisco Introduces Valet Home Wireless Products

Poster: SySAdmin
Posted on March 31, 2010 at 7:14:01 AM
Cisco Introduces Valet Home Wireless Products

Breakthrough Simplicity Makes Wireless Accessible for Everyone

SAN FRANCISCO, March 31 -- Cisco is pairing its wireless technology leadership with Flip Video's simplicity-in-design approach to launch Valet(TM) -- a breakthrough new product line that makes home wireless simple and accessible for everyone. Valet is designed to transform how families use the Internet in their homes so they can enjoy the freedom of wireless access without the traditional frustration and complexity of setting up a home network.

(Photo:  http://www.newscom.com/cgi-bin/prnh/20100331/LA79320)

"Valet is home wireless made easy," said Jonathan Kaplan, senior vice president and general manager of Cisco Consumer Products. "With complementary backgrounds and expertise, our Cisco and Flip teams have combined forces to change the rules for home wireless with a product line that empowers consumers to easily set up, enjoy and manage all of their wireless devices anywhere in their homes."

Untapped Home Wireless Market

While consumer demand for wireless products is on the rise with a tremendous array of new devices in the market, research from IDC(1) reveals that only one-third of US homes are currently set up for wireless use. This surprisingly slow adoption of home wireless is largely due to the complexity of current offerings that are too technical for the average consumer to install and manage on their own.  At the same time, the demand for wireless-enabled products - such as mobile phones, gaming systems, and music players - is extremely strong according to ABI Research data that reports more than 264 million of these types of devices shipped worldwide in 2009.

"Consumers have felt powerless and frustrated with the entire process of home wireless, but with Valet we are tearing down the walls and opening it up to everyone," added Kaplan. "The market for wireless-enabled products is exploding and now mainstream users will be able to take full advantage of all the new opportunities."

Quick Set-Up and Simple Management

Valet is the first wireless product line to make it simple for anyone to set up and manage their own home wireless network. Consumers simply insert the included Easy Setup Key right into a USB port in their PC or Mac and the Cisco Connect software takes over. Unlike other wireless products that require 20 to 30 complicated steps to set up a single computer, Cisco Connect takes you through three steps from start to finish. The Easy Setup Key retains all setup information and can be easily inserted into additional home computers to seamlessly add them to the home's wireless network.

Personalized Wireless Experience

Once set up, Valet gives consumers a simple way to manage their family's home wireless experience. The included Cisco Connect software makes it easy to: 1) add additional devices to the network, 2) set parental controls, 3) provide Internet access for guests on a separate guest network and 4) customize personal security settings such as passwords.

Valet also provides a new level of control for parents with simple tools to manage their family's online experience.  Valet's Cisco Connect software lets parents easily set controls on the fly, so they can modify web usage for certain days and times of the week, or even for temporary periods. For example, if teens are spending too much time on social networks or gaming systems, parents can modify their wireless access so that they cannot go online after 9:00 pm on weeknights. Internet access for each personal device connected to a Valet - from a computer, to a gaming system, to a smartphone - can be individually controlled or changed as needed for the particular child or teen, including blocking inappropriate web content.

In addition, Valet makes it easy to set up guest wireless access when friends or family come to visit.  With a completely separate wireless connection, guests can use their laptops or mobile phones around the house, while the main Valet home network remains secure and private.

Price and Availability

The new Valet line is offered in two models - Valet and Valet Plus - based on the size of the home and the mix of wired and wireless devices.  In addition, there is a simple Valet Connector to update older computers without built-in wireless capabilities or to upgrade to Wireless-N. Valet users have access to Cisco's award-winning 24/7 phone support in the unlikely event they have a question or problem. The Valet product line is available immediately at Amazon, Staples, thevalet.com and soon at Best Buy, Target, Wal-Mart and other leading retailers.

                     For small to medium-sized homes with primarily wireless
  -- Valet           devices.  MSRP: $99.99
  --------
                     For medium to large-sized homes with a mix of wireless
  -- Valet Plus      and wired devices.  MSRP: $149.99
  -------------
                     Upgrades an older computer to wireless and ideal
  -- Valet Connector complement to Valet or Valet Plus.  MSRP:  $79.99
  ------------------

  Follow Us:
  --  Become a Cisco Valet Facebook fan:  http://www.facebook.com/ciscovalet
  --  Follow us on Twitter:  http://www.twitter.com/ciscovalet
  --  Watch us on YouTube: http://www.youtube.com/ciscovalet
  --  Cisco Consumer Blogs:  http://blogs.cisco.com/consumer

  About Cisco

Cisco (NASDAQ:CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate, this year celebrates 25 years of technology innovation, operational excellence and corporate social responsibility. Cisco's vision for the consumer is to enable people to live a connected life that is more personal, more social, and more visual. Further information about Valet can be found at http://www.thevalet.com. Further information about Cisco and its full line of consumer products including Linksys and Flip Video can be found at http://www.linksys.com, http://www.theflip.com, and http://www.cisco.com/consumer.

Editor's Note:  Cisco is also announcing a new line of Linksys routers for tech enthusiasts today. More information can be found at http://www.linksys.com.

(1) IDC, Worldwide Home Networking 2010-2014 Forecast, Doc # 222355, March 2010

Cisco, the Cisco logo, Linksys and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.

Valet is a registered trademark or trademark of Cisco and/or its affiliates in the U.S. and certain other countries. Other brands and products are trademarks or registered trademarks of their respective holders. Copyright © 2010 Cisco.  All rights reserved.

Photo:  http://www.newscom.com/cgi-bin/prnh/20100331/LA79320
PRN Photo Desk, photodesk@prnewswire.com
Source: Cisco Consumer
   

CONTACT:  Press, Karen Sohl of Cisco, +1-949-823-1578, Mobile,
+1-949-302-3470, ksohl@cisco.com; or Wynne Ahern Kokka of CommStrat Public
Relations, +1-510-658-8870, Mobile, +1-510-206-2161, wynne@commstrat.com, for
Cisco Consumer; or Analyst, Lisa Soto, Analyst Relations, +1-949-823-4778,
lisoto@cisco.com, or Matt Tractenberg, Investor Relations, +1-408-525-3170,
matthew2@cisco.com, both of Cisco
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RTL Belgium and Vringo Mobilize European Television Content With Strategic Alliance

Poster: SySAdmin
Posted on March 31, 2010 at 7:14:01 AM
RTL Belgium and Vringo Mobilize European Television Content With Strategic Alliance

Partnership Brings New Mobile Personalization Platform To Belgian Fans of Europe's Leading Broadcast Production Company

NEW YORK, March 31 -- In a new alliance announced today, Vringo, the video ringtone application provider, has developed a mobile personalization platform with RTL Belgium, member of RTL Group, the leading production company for television and radio in Europe. As part of the new service, which will launch in Belgium, some of the world's largest and best-known content producers will mobilize their broadcast content using Vringo.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090814/VRINGOLOGO)

This partnership enables RTL Belgium to offer Vringo's video ringtones, mobile application and social caller ID service to all 11 million mobile subscribers in Belgium.

When the service launches next month, all Belgian mobile users will have access to Vringo's collection of thousands of original video ringtones. Further, users can access Vringo's award-winning video ringtone application, available for more than 300 handsets on Android, BlackBerry, J2ME, Symbian, and Windows Mobile operating systems. By using Vringo's mobile application, users can select their own video ringtones as well as select which clips play on their buddies' phones when they call thanks to Vringo's VringForward(TM) technology.

To introduce users to the service, a free one-week trial offer is available to all new subscribers. Subscribers then are charged a nominal weekly fee that includes access to all Vringo features.

"As the largest entertainment provider in Belgium, it makes perfect sense for us to add video applications to mobile phones, further extending the expertise we already bring to television and radio," said Stephane Coruble, New Business Operations Director of RTL Belgium. "Partnering with Vringo gives Belgium's mobile users an exciting new way to access video applications, while improving our ability to offer outstanding products and services to our customers."

"This partnership with RTL in Belgium enables us to develop a platform that gives content producers the ability to mobilize their broadcast content in a new, exciting way in one of Europe's most important markets," said Jon Medved, CEO of Vringo. "It continues Vringo's dedication to delivering innovative applications for mobile users."

For more information about how video ringtones work, visit http://www.vringo.com/p_video_ringtones.html.

About Vringo

Founded in 2006, Vringo is bringing about the evolution of ringtones. With its award-winning video ringtone application, Vringo takes a sledgehammer to the traditional call signature, transforming the basic act of making and receiving mobile phone calls into a highly visual, social experience.

By installing Vringo's application, which is compatible with more than 200 handsets, users can create or take video, images and slideshows from virtually anywhere, including Vringo's library of 4,000-and-counting video ringtone clips or the Web, and make it into their personal call signature. In a first for the mobile industry, Vringo has introduced VringForward(TM), a technology that lets its users select which video ringtone their friends will see when they call.

Vringo is backed by Warburg Pincus and by private investors. The company has been heralded by The New York Times as "the next big thing in ringtones" and by USA Today as having "to be seen to be believed." To witness the next generation of ringtones and see a list of supported handsets, please visit http://www.vringo.com/.

About RTL Belgium

RTL Belgium is the first private audio-visual group in French-speaking Belgium and is owned 66% by CLT UFA (a subsidiary of the first European audio-visual group, RTL Group) and 34% by Audiopresse (an editor association).

RTL Belgium delivers its content through three synergistic poles. The Television pole includes three channels: RTL TVI Family, a general interest TV channel; CLUB RTL, a channel addressed to different public-targets depending on programming schedules; and Plug RTL, an offering intended for a lifestyle-oriented, younger public.

The Radio pole consists of Bel RTL, a general interest station mixing information, proximity and entertainment, and Radio Contact, a station focused primarily on music.

The New Media pole brings together RTL Belgium's main website, http://www.rtlinfo.be/, with all its associated brands (rtltvi.be, clubrtl.be, plugrtl.be, belrtl.be, radiocontact.be).

Photo:  http://www.newscom.com/cgi-bin/prnh/20090814/VRINGOLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Vringo
   

CONTACT:  Danielle Ross of Comunicano, Inc., +1-858-356-7310,
dross@comunicano.com, for Vringo; or Josh Shabtai of Vringo, +1-646-448-8210,
josh.shabtai@vringo.com

Web Site:  http://www.vringo.com/
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Matias Myllyrinne, Managing Director of Remedy, Joins Advisory Board for 2010 Game Developers Conference Europe

Poster: SySAdmin
Posted on March 31, 2010 at 7:07:01 AM
Matias Myllyrinne, Managing Director of Remedy, Joins Advisory Board for 2010 Game Developers Conference Europe

Key Figure Behind the Highly Anticipated Alan Wake and the Bestselling Max Payne Series to Contribute Expertise to Europe's Leading Game Industry Event for Developers

BERLIN, March 31 -- The advisory board of the Game Developers Conference Europe (GDC Europe) 2010, the leading industry-only game event in Europe, is proud to welcome Matias Myllyrinne to the advisory board.

As the executive director of Remedy Entertainment, Myllyrinne, who has been at the studio since 1999, is responsible for the rise of the Finnish development studio to become one of the most important European game developers. Remedy developed international blockbusters such as Max Payne (2001) and Max Payne 2: The Fall of Max Payne (2003) and is set to release the much-awaited Alan Wake, a mature action thriller game, at the end of May 2010 for Xbox 360.

GDC Europe 2010 takes place Monday through Wednesday August 16-18, 2010 at the Cologne Congress Center East in Cologne, Germany, and will run alongside the major gamescom event to present the leading game industry gathering for developers, consumers, publishers and trade professionals.  The event is soliciting session proposals now through Friday, April 23 via the official GDC Europe website: http://www.GDCEurope.com.

"We are glad to have added Matias Myllyrinne, another key figure in the international games industry, to our advisory board," said Frank Sliwka, VP European Business Development of the UBM TechWeb Game Network and Event Director of GDC Europe. "He epitomizes the successful symbiosis between creative game development and successful marketing."

"GDC Europe is the region's leading developer conference for a reason -- it features the latest trends and plays a pioneering role for the future of this industry," says Matias Myllyrinne, "It's an honor to be a part of a conference that highlights the incredible talents of Europe's best developers. We look forward to seeing what the industry's leaders will present at the conference when the event begins on August 16th, 2010."

The advisory board of GDC Europe, which consists of leading developers, marketing professionals and entrepreneurs, unites top executives of the international games industry. Making up the top-class committee in addition to Myllyrinne are the notable industry veterans Bob Bates (formerly of Infocom & Legend Entertainment) and Don Daglow (Emmy-winning founder of Stormfront Studios), as well as Alexander Fernandez (CEO, Streamline Studios), Sean Kauppinen (CEO, International Digital Entertainment Agency), Harald Riegler (CEO, Sproing), Frank Sliwka (VP European Business Development, UBM TechWeb Game Network and Event Director, GDC Europe), Robert Wallace (Principal, Strategic Alternatives) and Avni Yerli (Managing Director, Crytek).

  For more information on GDC Europe visit: http://www.gdceurope.com.

  About the UBM TechWeb Game Network

A core provider of essential information to the professional game industry, the  UBM TechWeb Game Network - formerly known as the Think Services Game Group - offers market-defining content, and drives community through its award winning lineup of print, online, event and research products and services. These include the Game Developers Conference®, the Webby Award-winning Gamasutra.com and network of sites, the Game Advertising Online ad network, the Game Developers Conference® Online, the Game Developers Conference(TM) Europe, the Game Developers Conference(TM) China, the Game Developers Conference(TM) Canada, Game Developer Magazine, Game Developer Research, the Game Career Seminars and GameCareerGuide.com, the Independent Games Festival and Summit, and the Game Developers Choice Awards.

About UBM TechWeb, a division of United Business Media

UBM TechWeb, the global leader in technology media and professional information, enables people and organizations to harness the transformative power of technology.  Through its core businesses - media solutions, marketing services and professional information - UBM TechWeb produces the most respected and consumed brands, applications and services in the technology market. More than 14.5 million business and technology professionals (CIOs, IT and IT Support managers, Web & Digital professionals, Software and Game developers, Government decision makers, and Telecom providers) actively participate in UBM TechWeb's communities. UBM TechWeb brands includes: global face-to-face events such as Interop, Game Developers Conference (GDC), Web 2.0, Black Hat and VoiceCon; large-scale online networks such as InformationWeek,  Light Reading and Gamasutra; research, training, and certification services, including HDI, Pyramid Research, and InformationWeek Analytics; and market-leading magazines such as InformationWeek and Wall Street & Technology.  UBM TechWeb is part of UBM, a global provider of media and information services for professional B2B communities and markets.

  MEDIA CONTACT:
                            Brian Rubin
                            fortyseven communications
                            (212) 391-4707
                            brian@fortyseven.com

                            Susanne Tenzler-Heusler, Europe
                            +49 (0)173 3786601
                            kontakt@brandvorwerk-pr.de

  GDC EUROPE CONTACT:
                            Frank Sliwka, VP European Business Development
                            +49 (0)171 1288898
                            frank.sliwka@ubm.com

                            Ben Veechai, North America
                            +1-415-947-6280
                            ben.veechai@ubm.com

Source: UBM TechWeb Game Network
   

CONTACT:  Brian Rubin of fortyseven communications, +1-212-391-4707,
brian@fortyseven.com, or Susanne Tenzler-Heusler, Europe, +49 (0)173 3786601,
kontakt@brandvorwerk-pr.de, both for UBM TechWeb Game Network, or Frank
Sliwka, VP European Business Development, +49 (0)171 1288898,
frank.sliwka@ubm.com, or Ben Veechai, North America, +1-415-947-6280,
ben.veechai@ubm.com, both for GDC Europe

Web Site:  http://www.gdceurope.com/
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Cisco Launches New Linksys E-Series Routers

Poster: SySAdmin
Posted on March 31, 2010 at 7:07:01 AM
Cisco Launches New Linksys E-Series Routers

Line of Powerful Wireless-N Routers Provides Tech Enthusiasts with the Ultimate Customization and Control of their Home Networking Experience

SAN FRANCISCO, March 31 -- -- Cisco today unveiled a new line of Linksys® wireless routers, designed to let its core audience of tech experts and enthusiasts take their home networking experience to the next level. The new, streamlined product lineup sets a new precedent for simplicity, power, and performance and makes it easy for consumers to find the right technology to fit their needs. The line also includes new Cisco Connect software, which gives users tools for easier customization and control of their home wireless experience.

(Photo: http://www.newscom.com/cgi-bin/prnh/20100331/LA79318)

"Linksys pioneered the first home router 10 years ago, and 50 million units later is the world's leading provider of home wireless routers," said Jonathan Kaplan, senior vice president and general manager of Cisco Consumer Products. "The new E-Series caters to Linksys' core technology-minded consumer base, with a simplified product line-up that is ideal for today's sophisticated home network user."

Cisco Connect Software:  Simple Setup with Advanced Capabilities

With the addition of the new Cisco Connect software, the new Linksys E-Series is designed to make it easier for users to customize and control their wireless network settings to match their preferences. With a quick and easy setup, the software auto-assigns the WPA security passkey and SSID. Once configured, users can use Cisco Connect to easily manage their wireless home network by:

  --  Adding multiple Internet-capable devices to the network
  --  Setting parental controls for each computer or device
  --  Giving visitors password-protected Internet access on a separate guest
      network
  --  Customizing advanced settings and changing the network SSID and
      password

For the advanced user, Linksys' advanced features are still available through the default IP address (192.168.1.1).

Product Descriptions and Pricing

The new Linksys E-Series line offers a full range of technology options to help users find what works best for them. The new line, including a USB Wireless-N Adapter, is available immediately at Amazon, Staples, Linksys.com, and soon at Best Buy, Target, Wal-Mart and other leading retailers.

  Linksys E1000 Wireless-N Router (MSRP:  $79.99)
  --  Wirelessly connects computers and other devices at transfer speeds up
      to 300 Mbps
  --  Uses four Fast Ethernet (10/100 Mbps) ports to directly connect wired
      devices
  --  Ideal for general wireless Internet usage and home office productivity

  Linksys E2000 Advanced Wireless-N Router (MSRP:  $119.99)
  --  Includes four Gigabit Ethernet (10/100/1000 Mbps) ports for faster
      file sharing with other Gigabit-enabled devices, including computers,
      hard drives, and servers
  --  Features selectable dual-band (2.4 GHz or 5 GHz) technology to help
      avoid interference, allowing for smoother file transfers and media
      streaming
  --  Ideal for connecting computers, gaming consoles, Internet-enabled
      HDTVs and Blu-Ray players, and other wireless devices at transfer
      speeds up to 300 Mbps

  Linksys E2100L Advanced Wireless-N Router with Linux OS:  (MSRP:  $119.99)
  --  Utilizes the Linux operating system for flexibility to customize the
      network
  --  Uses four Fast Ethernet (10/100 Mbps) ports to directly connect wired
      devices
  --  Built-in UPnP AV Media Server streams entertainment content to an Xbox
      360, PS3 or other compatible device
  --  USB port provides connectivity to storage devices for file sharing at
      home or over the Internet

Linksys E3000 High-Performance Wireless-N Router (Dual-Band):  (MSRP:  $179.99)

  --  Features simultaneous dual-band (2.4 GHz and 5 GHz), high-performance
      Wireless-N technology for smoother HD video streaming, wireless gaming
      and file transfers
  --  Includes four Gigabit Ethernet (10/100/1000 Mbps) ports for faster
      file sharing with other USB port and provides connectivity to storage
      devices for file sharing at home or over the Internet
  --  Built-in UPnP AV media server enables streaming of entertainment
      content to an Xbox 360, PS3 or other compatible device
  --  Optimized for entertainment, ideal for connecting computers, gaming
      consoles, Internet-enabled HDTVs and Blu-Ray players, and other
      wireless devices at transfer speeds up to 300 Mbps

  Linksys AE1000 High-Performance Wireless-N USB Adapter:  (MSRP:  $69.99)
  --  Provides Wireless-N capability to Windows desktop computers and
      laptops
  --  Selectable dual-band wireless-N - connects to either a 2.4 GHz or 5
      GHz wireless network
  --  Includes USB extension cable and adapter base for improved wireless
      connectivity - ideal for hard-to-reach USB ports

  Follow Us:
  --  Become a Cisco Linksys Facebook fan:  http://www.facebook.com/ciscolinksys
  --  Follow us on Twitter:  http://www.twitter.com/officiallinksys
  --  Watch us on YouTube:  http://www.youtube.com/officiallinksys
  --  Cisco Consumer Blogs:  http://blogs.cisco.com/consumer

  About Cisco

Cisco (NASDAQ:CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate, this year celebrates 25 years of technology innovation, operational excellence and corporate social responsibility. Cisco's vision for the consumer is to enable people to live a connected life that is more personal, more social, and more visual. More information about Cisco and its line of consumer products including Linksys and Flip Video(TM) can be found at http://www.linksys.com, http://www.theflip.com or http://www.cisco.com/consumer.

Editor's Note: Cisco is also announcing a new consumer line of home wireless products called Valet today. More information can be found at http://www.thevalet.com.

*The maximum performance for wireless is derived from IEEE Standard 802.11 specifications. Actual performance can vary, including lower wireless network capacity, data throughput rate, range and coverage. Performance depends on many factors, conditions and variables, including distance from the access point, volume of network traffic, building materials and construction, operating system used, mix of wireless products used, interference and other adverse conditions.

Linksys is a registered trademark or trademark of Cisco and/or its affiliates in the U.S. and certain other countries. Other brands and products are trademarks or registered trademarks of their respective holders. Copyright © 2010 Cisco.  All rights reserved.

Photo:  http://www.newscom.com/cgi-bin/prnh/20100331/LA79318
PRN Photo Desk, photodesk@prnewswire.com
Source: Cisco Consumer
   

CONTACT:  Press, Karen Sohl of Cisco, +1-949-823-1578, mobile,
+1-949-302-3470, ksohl@cisco.com; or Krista Van Lewen of CommStrat Public
Relations, +1-303-963-5530, mobile, +1-415-608-0263, krista@commstrat.com; or
Analysts, Analyst Relations, Lisa Soto, +1-949-823-4778, lisoto@cisco.com, or
Investor Relations, Matt Tractenberg, +1-408-525-3170, matthew2@cisco.com,
both of Cisco

Web Site:  http://www.linksys.com/
http://www.cisco.com/consumer
Tags PR Press Release
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Huntkey Launches Whole Line-up of 80PLUS Certified PSUs -- JUMPER Series; New Forward Circuit Design Brings More Stability and Higher Efficiency

Poster: SySAdmin
Posted on March 31, 2010 at 7:07:01 AM
Huntkey Launches Whole Line-up of 80PLUS Certified PSUs -- JUMPER Series; New Forward Circuit Design Brings More Stability and Higher Efficiency

SHENZHEN, China, March 31 -- Huntkey Enterprise Group launches a series of brand-new, structure design power supply units from 350W to 600W that are dedicated to mainstream users worldwide -- called JUMPER. All have passed 80PLUS or 80PLUS bronze certification. "Forward Circuit design brings more stability and higher efficiency to your system," said Villa Li, Huntkey Product Manager.

Considering environmental protection efforts to prevent global warming, more and more electronic devices manufacturers undertake big efforts to improve product efficiency in order to reduce power consumption as much as possible. Not only developed countries have realized the importance of high efficiency, but also many developing countries are now laying down laws to restrict energy-wasting electronic devices.

In the PSU field, "80PLUS" certification is the recognized evaluation criteria for energy efficiency worldwide. It comprises FIVE different levels, including "Platinum," "Gold," "Silver," "Bronze" and "Standard," depending on different efficiency levels. Take 80PLUS Standard for example; its efficiency must be no less than 80% from 20% to 100% load, which means the power consumption is only 20%. 80PLUS Platinum is the highest level which is dedicated to special PSU areas such as server PSU.

As one of the largest PSU manufacturers in the world, Huntkey launched its first 80PLUS PSU as early as 2007. Three years have now passed, and the technologies have become more mature, causing the production costs to reduce to a more acceptable range. Huntkey launches a whole range of 80PLUS products from Gold level to Standard level one by one. "Devoting ourselves to combining environment protection concepts with most end-users' actual needs is what Huntkey concerns itself with," said Alva Li, Global Marketing Manager said. "JUMPER series PSU is what Huntkey dedicates for mainstream users."

Rated power 350W, 400W, 450W, 550W, 600W comprise Huntkey JUMPER Series which complies with Intel ATX12V V2.31 (SSI EPS12V V2.92 for JUMPER 550) providing the best compatibility with the most updated Multi-Core CPUs and supporting SLI & Crossfire multi-GPU VGA cards. They are certified by 80PLUS. JUMPER 450B and JUMPER 600B reach 80PLUS Bronze level. The input voltages from 100V to 240V ensure their worldwide usage.

Huntkey JUMPER power supplies are power supplies with a reasonable price and can be afforded by common users.

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

  About Huntkey

Huntkey Enterprise Group, one of the top 5 power supply providers, founded in 1992, is a professional provider specialized in the development, design, manufacturing and marketing of power supplies. The products of Huntkey cover a wide variety, including power supplies (1W-250KW), power systems, computer cases, universal notebook adapters, chargers, power supply converters, power strip etc. The industrial parks of Huntkey in Shenzhen, Heyuan and Hefei, which cover a total area of over 750,000 square meters, are now the largest IT manufacturing base in China's mainland. Huntkey with over 7,000 employees has set up its branch companies in Hong Kong, Japan and Europe. Its clients are found all over the world in more than 30 countries and regions, including Lenovo, DELL, etc.

  For more information, please contact:

   Alva Li
   Email: markets@huntkey.com
   Web:   http://www.huntkeydiy.com/

Source: Huntkey Enterprise Group
   

CONTACT:  Alva Li of Huntkey Enterprise Group, +86-755-8960-6654, or
markets@huntkey.com

Web site: http://www.huntkeydiy.com/
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SinoHub, Inc. Reports Record Fourth Quarter and Full-year 2009 Financial Results; Provides Guidance for Full-year 2010

Poster: SySAdmin
Posted on March 31, 2010 at 7:07:01 AM
SinoHub, Inc. Reports Record Fourth Quarter and Full-year 2009 Financial Results; Provides Guidance for Full-year 2010

-- Fourth quarter 2009 revenues increased 61.6% to $42.8 million; net income increased 24.5 % to $3.7 million, with EPS of $0.13

-- 2009 revenues increased 61.6% to $128.4 million; net income increased 45.8% to $12.4 million, with EPS of $0.48

-- Full-year 2010 revenue guidance of $180 million, an increase of 40% Year-Over-Year

SANTA CLARA, Calif. and SHENZHEN, China, March 31 -- SinoHub, Inc. (NYSE Amex: SIHI), a leading provider of supply chain management services for participants in the electronic components supply chain in China, today reported financial results for the fourth quarter and year ended December 31, 2009 and provided full-year revenue guidance for 2010.

  Summary Financials

  Fourth Quarter 2009 Results (USD) (unaudited)
  (three months ended December 31,)        Q4 2009        Q4 2008     CHANGE

  Sales                                $42.8 million  $26.5 million   +61.6%
  Gross Profit                          $6.4 million   $6.3 million    +1.9%
  Net Income                            $3.7 million   $2.9 million   +24.5%
  Fully diluted EPS                            $0.13          $0.12    +8.3%

  Full-year 2009 Results (USD)
  (years ended December 31,)              2009           2008       CHANGE

  Sales                             $128.4 million  $79.5 million   +61.6%
  Gross Profit                       $22.4 million  $16.2 million   +38.1%
  Net Income                         $12.4 million   $8.5 million   +45.8%
  Fully diluted EPS                          $0.48          $0.40   +20.0%

  Fourth Quarter 2009 Results

Sales -- Total revenues for fourth quarter 2009 advanced 61.6% to $42.8 million from $26.5 million for the fourth quarter of 2008.  Revenues from electronic component sales, including procurement-fulfillment and spot component sales, increased more than 68.2% to $40.1 million for fourth quarter 2009 from $23.9 million for the same period last year.  Revenues from the Company's supply chain management services business were $2.6 million for the 2009 fourth quarter, and flat compared to the fourth quarter of 2008.

  Fourth Quarter 2009 Revenue Breakdown By Segment  (USD in thousands)
   (unaudited)
  (three months ended December 31,)      2009           2008       CHANGE

  Supply Chain Mgmt. Services       $2.6 million   $2.6 million     +1.1%
  % of Sales                             6.2%           9.9%
  Electronic Component Revenues    $40.1 million  $23.8 million    +68.2%
  % of Sales                            93.8%          90.1%
  Total Sales                      $42.8 million  $26.5 million    +61.6%

"We are pleased with our strong financial results for the fourth quarter of 2009, which continues to validate our strategy of providing electronic component purchasing and world-class supply chain management (SCM) solutions to the growing electronic marketplace in China," said Harry Cochran, Chief Executive Officer of SinoHub. "We continue to add new customers due to our proprietary SCM software platform, which substantially decreases production cycles and inventory levels for manufacturers, while improving their working capital position. Additionally, we are pleased to experience robust growth in our electronic component purchasing (ECP) business unit by leveraging the information gained through our SCM platform."

Cost of Sales -- Cost of goods sold totaled $36.4 million in the fourth quarter of 2009, up 80.2% from $20.2 million in the fourth quarter of 2008.

Gross Profit and Gross Margin - Gross profit for the fourth quarter of 2009 totaled $6.4 million an increase of 1.9% over $6.3 million in the fourth quarter of 2008.  Gross profit margin for the fourth quarter of 2009 decreased to 15% from 23.8% in the same period of 2008, primarily due to an increase of electronic component sales as a percentage of total sales.  Going forward, the Company anticipates an increase in sales from its new virtual contract manufacturing (VCM) business, which is expected to bring higher margins, on average.

Operating Expenses -- Total operating expenses were $1.6 million, or 3.8% of revenues in the fourth quarter of 2009, compared to $2.6 million, or 9.8% of revenues in the same period in 2008. Selling, general and administrative expenses increased 40% to $1.4 million in the fourth quarter of 2009 from $1 million in the fourth quarter of 2008, representing approximately 3.2% of revenues in the fourth quarter of 2009 compared to 3.6% in the same period of 2008. Professional services expenses increased to $508,000 in the fourth quarter of 2009, compared to $181,000 in the fourth quarter of 2008, with the increase due primarily to legal fees and non-recurring Sarbanes-Oxley consulting expenses.  Stock compensation expenses were $138,000 in the fourth quarter of 2009 compared to $110,000 in the fourth quarter of 2008.  In the fourth quarter of 2009 we reduced the provision for doubtful debts by $572,000 due primarily to improved conditions in the global economy, as compared to an increase in the allowance for doubtful debts of $1.2 million in the fourth quarter of 2008.

Income from Operations -- Income from operations was $4.8 million in the fourth quarter of 2009, or 11.2% of sales, as compared to operating income of $3.7 million, or 14% of sales in the fourth quarter of 2008.

Net Income -- Net income for the fourth quarter of 2009 increased 24.5% to $3.7 million, or $0.13 per fully diluted share, compared to $2.9 million, or $0.12 per fully diluted share, in the fourth quarter of 2008, based on 27.3 million and 24.5 million shares outstanding, respectively.

Full-year 2009 Results

Sales -- Revenues for the year ended December 31, 2009 were $128.4 million, up 61.6% from $79.5 million in 2008.  Electronic component revenues, consisting of procurement-fulfillment and spot component sales, grew 60.8% to $119.8 million for 2009 from $74.5 million in 2008, due primarily to increased sales resulting primarily from the Company's ability to obtain advantageous pricing from its suppliers on behalf of its manufacturing customers. Revenues from the Company's supply chain management services business rose 72.6% to $8.6 million from $5.0 million in 2008, driven by demand for its proprietary SCM platform and an increase in new manufacturer customers.

  Full-year 2009 Revenue Breakdown By Activity (USD in thousands)
  (years ended December 31,)      2009           2008        CHANGE

  Supply Chain Mgmt.             $8,585         $4,973       +72.6%
   Services                        6.7%           6.3%
  % of Sales
  Electronic Component         $119,823        $74,511       +60.8%
   Revenues                       93.3%          93.7%
  % of Sales
  Total Sales                  $128,408        $79,484       +61.6%

Cost of Sales -- Cost of goods sold totaled $106.0 million in 2009, up 67.6% from $63.3 million in 2008, slightly higher than the 61.6% rate of increase in total sales.

Gross Profit and Gross Margin - Gross profit for 2009 totaled $22.4 million, an increase of 38.1% over $16.2 million in 2008.  Gross profit margins were 17.4% for 2009 compared to 20.4% in 2008.

Operating Expenses -- Total operating expenses were $6.2 million or 4.8% of revenues in 2009, compared to $5.4 million, or 6.8% of revenues in 2008. Selling, general and administrative expenses increased to $5.0 million in 2009 from $3.0 million in 2008, representing approximately 3.9% of revenues in 2009 compared to 3.8% in 2008. The largest factor in the increase in selling, general and administrative expenses from 2008 to 2009 was salaries and fringe benefits which increased by $1.5 million due to the large increase in headcount.  Other significant factors in the increase were customs clearance and management fees, logistics fees, staff travel, and office and warehouse rent to support the general growth in sales and expanded operations. Professional services expenses were $1.1 million in 2009, compared to $692,000 in 2008 with the increase due primarily to legal fees and non-recurring Sarbanes-Oxley consulting expenses.  Stock compensation expenses were $436,000 in 2009 compared to $110,000 in 2008 due to an increase in stock option and restricted stock grants.  We reduced the provision for doubtful accounts by $890,000 in 2009 due primarily to improved conditions in the global economy, as compared with an increase of $1.2 million in 2008.

Income from Operations -- Income from operations was $16.2 million in 2009, or 12.8% of sales, as compared to operating income of $10.8 million, or 13.6% of sales in 2008.

Net Income -- Net income for the year ended December 31, 2009 increased 45.8% to $12.4 million from $8.5 million with corresponding fully diluted earnings per share of $0.48 compared to $0.40 in 2008 based on 25.7 million and 21.5 million fully diluted shares, in each respective period.

Liquidity and Capital Resources

SinoHub's cash and cash equivalents grew to $8.3 million at December 31, 2009 from $5.9 million at December 31, 2008.  The Company had working capital of $39.4 million on December 31, 2009, up from $22.8 million at the end of 2008, and a current ratio of 3.2 to 1 at December 31, 2009 compared to a current ratio of 4.5 to 1 at December 31, 2008. Inventories were approximately $11.6 million and accounts receivables were $28.8 million on December 31, 2009, compared to approximately $0.44 million and $22.3 million on December 31, 2008, respectively. During 2009, the Company used $3.1 million in cash in operations versus $6.4 million used in operations in 2008. The variance between cash flow and net income for 2009 was mainly related to inventory purchases as the company prepares to ramp up its virtual contract manufacturing business unit to deliver mobile phones to developing markets outside China.

Full-year 2010 Revenue Guidance

For full fiscal year 2010, SinoHub is providing revenue guidance of $180 million, representing anticipated year-over-year growth of 40% over 2009. 2010 guidance provided assumes a substantial increase in sales from its new virtual contract manufacturing (VCM) business.

Business Outlook for 2010

SinoHub has built a successful business in China based around its proprietary supply chain management (SCM) SaaS software platform that services the Chinese electronics market -- the world's largest consumer of electronic components (in 2009, China used over $100 billion of electronic components to produce over $400 billion of electronics products).  SinoHub believes the outlook for continued growth in 2010 is strong.

In response to the dynamic operating challenges facing electronic companies today, SinoHub employs a Web-based SCM platform which offers a free, open and seamless network for design houses, manufacturers, suppliers and product resellers. This platform provides the entire electronic component supply chain with transparency, resulting in decreased production cycles and inventory levels, while improving operating performance for its customers. SinoHub leverages the information it obtains through its SCM platform, including its proprietary database of over 50,000 electronics components, to identify opportunities to lower client costs and to generate sales for its electronic component purchasing (ECP) business unit, which comprises the majority of the Company's current revenue base.

Due largely to the benefits of using SinoHub's SCM platform, a number of new major manufacturing companies, including Hua Qin -- the fourth largest mobile phone design house in China, elected to become SinoHub customers in 2009. These new customers join more than 120 enterprises currently utilizing SinoHub's SCM platform, including some of the largest electronic components distributors in the world. Despite the global economic slowdown which continued in many parts of the world in 2009, SinoHub expects to experience continued strong growth in 2010 based on the fact that 90% of the products its customers make are sold in China and are products that are in high demand.

New Virtual Contract Manufacturing (VCM) Business

In a new growth initiative launched in late 2009, SinoHub is leveraging its industry knowledge and relationships through the development of a new virtual contract manufacturing (VCM) business to serve mobile phone distributors in emerging markets outside of China. Developing country markets, according to a report from JP Morgan Global Equity Research, account for two- thirds of all mobile phone sales in the world. It is estimated that over 797 million handsets were sold in developing countries in 2009, compared to 335 million in developed countries, with sales to developing countries expected to rise to over 1 billion in 2011 compared to 373 million in developed countries. Due to the price-sensitive, feature-specific nature of mobile phone users in developing country markets, SinoHub believes that traditional large, brand- name manufacturers are not well suited to meet this demand, leaving a significant opportunity in this vast market to thousands of smaller, more nimble distributors who can deliver feature rich mobile phones for niche markets.  SinoHub believes that a disconnect exists however between these smaller distributors, which require feature-rich phones in smaller quantities, and the larger design houses and manufacturers they need to access in China. SinoHub is strategically positioned to bridge this gap as a flexible and cost effective contract manufacturer, due to its ability to leverage design information and manufacturing capacity information from its SCM customers and by achieving low breakeven volume because of the relatively small investment required in R&D and manufacturing.  SinoHub's SCM platform also permits it to achieve a relatively low cost of goods through the use of its database to achieve cost-effective procurement of component parts.

Other Planned Initiatives

In 2010 and beyond, SinoHub plans to achieve additional growth through the implementation of a number of strategic initiatives that will capitalize on the huge market opportunities available to the Company. These include growing its customer base by further enhancing its SaaS SCM services, using its expertise to grow its VCM business and opening additional offices and warehouses in key locations to support expected customer growth. At the end of 2009, for example, SinoHub tripled the size of its Hong Kong warehouse which will enable the Company to handle $200 million per month worth of electronics orders per month. The Company also plans to expand its existing customer relationships by converting more SCM customers into ECP customers and by increasing the number of products per VCM customer.  Assuming access to sufficient working capital, SinoHub will also seek to increase its presence in the networking equipment market and expand into other verticals through acquisition, and to enter adjacent markets through its VCM platform for mobile phones in Vietnam, Malaysia, Indonesia, and India.  The Company is also evaluating additional international expansion of its VCM business for mobile phones in the US, including possible sales to Mobile Virtual Network Operators and through the acquisition of overseas ECP and VCM distribution channels.

Conference Call and Webcast

SinoHub will hold a conference call on Wednesday March 31, 2010 at 10:00 a.m. ET to discuss the Company's fourth quarter and year-end 2009 financial results.  Interested participants should call 1-877-941-4774 when calling within the United States or 1-480-629-9764 when calling internationally.

A playback will be available through April 7, 2010. To listen to the replay, please call 1-800-406-7325 within the United States or 1-303-590-3030 when calling internationally. Utilize the pass code 4276647 for the replay. An archived version of the teleconference will also be available on the Company's Web site at http://www.sinohub.com/ under the Investors tab at Online Audio Files.

The call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://viavid.net/dce.aspx?sid=000072C2 , or visiting ViaVid's website at http://www.viavid.net/ , where the webcast can be accessed through April 7, 2010.

About SinoHub, Inc.

SinoHub, Inc., founded in 2000 by veteran entrepreneur Harry Cochran and electronics industry veteran Lei Xia to play a part in the electronics revolution in China, provides world-class supply chain management services with transparent information access for participants in the electronic components supply chain in China. SinoHub conducts substantially all of its operations through its wholly-owned subsidiary SinoHub Electronics Shenzhen Limited in the People's Republic of China and its wholly-owned B2B Chips subsidiary in Hong Kong, which offers electronic component purchasing and virtual contract manufacturing services currently focusing on the mobile phone market. For more information, visit the Company's Web site at http://www.sinohub.com/ and the B2B Chips Web site at http://www.b2bchips.com/ .

Cautionary Statement Regarding Forward-looking Information

Some of the statements contained in this press release that are not historical facts constitute forward-looking statements under the federal securities laws. Forward-looking statements can be identified by the use of the words "may," "will," "should," "could," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "potential," "proposed," or "continue" or the negative of those terms. These statements involve risks known to the Company, significant uncertainties, and other factors, many of which cannot be predicted with accuracy and some of which may not even be anticipated, which may cause actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by those forward- looking statements. Such risks, uncertainties and factors include, but are not limited to, the Company's ability to expand its customer base, the ability to access capital for such expansion, assumptions concerning future economic and competitive conditions and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements.  The Company undertakes no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

  For Additional Information, Contact:

  SinoHub, Inc.:
   Falicia Cheng
   Tel:   +86-755-2661-1080
   Email: falicia@sinohub.com

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

                        (Financial Tables Follow)

                      SINOHUB, INC. AND SUBSIDIARIES
                       CONSOLIDATED BALANCE SHEETS

                    ASSETS                     December          December
                                               31, 2009          31, 2008

  CURRENT ASSETS
       Cash and cash equivalents            $  8,347,000      $  5,860,000
       Restricted cash                         7,595,000           374,000
       Accounts receivable, net of allowance  28,828,000        22,282,000
       Inventories, net                       11,647,000           435,000
       Prepaid expenses and other current
        assets                                   650,000           370,000
            Total current assets              57,067,000        29,321,000

  PROPERTY AND EQUIPMENT, NET                  2,271,000           703,000

  TOTAL ASSETS                              $ 59,338,000      $ 30,024,000

     LIABILITIES AND STOCKHOLDERS' EQUITY

  CURRENT LIABILITIES
       Accounts payable                     $  1,209,000      $    764,000
       Customer deposits                       1,348,000                --
       Accrued expenses and other current
        liabilities                              731,000           234,000
       Bank borrowings                        11,793,000         2,123,000
       Income and other taxes payable          2,605,000         3,391,000
            Total current liabilities         17,686,000         6,512,000

  STOCKHOLDERS' EQUITY
       Preferred stock, $0.001 par value,
        5,000,000 shares authorized;
        no shares issued                              --                --
       Common stock, $0.001 par value,
        100,000,000 shares authorized;
        26,669,605 shares and 24,501,989
        shares issued and outstanding
        as of December 31, 2009 and
        December 31, 2008, respectively           27,000            25,000
       Additional paid-in capital             17,239,000        11,529,000
       Retained earnings
            Unappropriated                    22,725,000        10,424,000
            Appropriated                         787,000           724,000
       Accumulated other comprehensive
        income                                   874,000           810,000
            Total stockholders' equity        41,652,000        23,512,000

  TOTAL LIABILITIES AND STOCKHOLDERS'
   EQUITY                                   $ 59,338,000      $ 30,024,000

                      SINOHUB, INC. AND SUBSIDIARIES
      CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

                                               Year ended December 31,
                                                 2009             2008
  NET SALES
       Supply chain management services    $    8,585,000    $   4,973,000
       Electronic components                  119,823,000       74,511,000
            Total net sales                   128,408,000       79,484,000
  COST OF SALES
       Supply chain management services           447,000        1,444,000
       Electronic components                  105,573,000       61,830,000
            Total cost of sales               106,020,000       63,274,000

  GROSS PROFIT                                 22,388,000       16,210,000

  OPERATING EXPENSES
       Selling, general and administrative      4,982,000        2,990,000
       Professional services                    1,122,000          692,000
       Stock compensation expense                 436,000          110,000
       Depreciation                               553,000          389,000
       (Write back of) / Allowance for
        doubtful debts                           (890,000)       1,237,000
            Total operating expenses            6,203,000        5,418,000

  INCOME FROM OPERATIONS                       16,185,000       10,792,000

  OTHER INCOME (EXPENSE)
       Interest expense                          (122,000)        (251,000)
       Interest income                             20,000           66,000
       Other, net                                   5,000           27,000
            Total other income (expense)          (96,000)        (158,000)

  INCOME BEFORE INCOME TAXES                   16,089,000       10,634,000
       Income tax expense                       3,725,000        2,151,000

  NET INCOME                                   12,364,000        8,483,000

  OTHER COMPREHENSIVE INCOME
       Foreign currency translation gain           64,000          541,000

  COMPREHENSIVE INCOME                     $   12,428,000    $   9,024,000

  SHARE AND PER SHARE DATA
       Net income per share-basic          $         0.49    $        0.41
       Weighted average number of
        shares-basic                           25,079,000       20,925,000
       Net income per share-diluted        $         0.48    $        0.40
       Weighted average number of
        shares-diluted                         25,677,000       21,460,000

                      SINOHUB, INC. AND SUBSIDIARIES
                  CONSOLIDATED STATEMENTS OF CASH FLOWS

                                                Year ended December 31,
                                                 2009              2008

  CASH FLOWS FROM OPERATING ACTIVITIES
       Net income                         $   12,364,000    $    8,483,000
       Adjustments to reconcile net income
        to cash provided by (used in)
        operation:
            Depreciation                         553,000           389,000
            (Write back of) / Allowance
             for doubtful accounts              (890,000)        1,237,000
            Loss on disposal of property
             and equipment                            --             5,000
            Stock compensation expense           184,000            53,000
            Stock option compensation
             amortization                        252,000            50,000
            Stock issued for professional
             services                             60,000           434,000
       Changes in operating assets and
        liabilities:
            Accounts receivable               (5,597,000)      (12,934,000)
            Inventories                      (11,204,000)          468,000
            Prepaid expenses and other
             current assets                     (279,000)           84,000
            Accounts payable                     442,000        (6,367,000)
            Customer deposits                  1,348,000                --
            Accrued expenses and other
             current liabilities                 496,000           (93,000)
            Income and other taxes payable      (794,000)        1,808,000
                 Net cash used in
                  operating activities        (3,065,000)       (6,383,000)

  CASH FLOWS FROM INVESTING ACTIVITIES
       (Increase) Release of restricted
        cash                                  (7,221,000)        5,135,000
       Purchase of property and equipment     (2,140,000)         (172,000)
       Proceed from disposal of property
        and equipment                                 --            10,000
            Net cash (used in) provided by
             investment activities            (9,361,000)        4,973,000

  CASH FLOWS FROM FINANCING ACTIVITIES
       Proceeds from issuance of common
        stock , net of costs                   2,650,000         6,482,000
       Proceeds from exercise of warrants
        and options, net of costs              2,567,000             8,000
       Bank borrowing proceeds                21,529,000         2,123,000
       Bank borrowing repayments             (11,859,000)       (7,286,000)
       Notes payable repayments                       --          (251,000)
       Related company proceeds                       --         1,568,000
            Net cash provided by financing
             activities                       14,887,000         2,644,000

  EFFECT OF EXCHANGE RATES ON CASH                26,000           344,000

  NET INCREASE IN CASH AND CASH
   EQUIVALENTS                                 2,487,000         1,578,000

  CASH AND CASH EQUIVALENTS AT BEGINNING
   OF YEAR                                     5,860,000         4,282,000

  CASH AND CASH EQUIVALENTS AT END OF YEAR$    8,347,000    $    5,860,000

  SUPPLEMENTAL DISCLOSURE OF CASH FLOW
  INFORMATION
       Cash paid for interest expense     $      122,000    $      251,000
       Cash paid for income tax           $    3,672,000    $      409,000

Source: SinoHub, Inc.
   

CONTACT: Falicia Cheng of SinoHub, Inc., +86-755-2661-1080,
falicia@sinohub.com, or in the US, Ted Haberfield of HC International, Inc.,
+1-760-755-2716, thaberfield@hcinternational.net

Web site: http://www.sinohub.com/
http://viavid.net/dce.aspx?sid=000072C2
http://www.viavid.net/
http://www.b2bchips.com/
Tags PR Press Release
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China Power Equipment Reports Higher Revenues and Net Income

Poster: SySAdmin
Posted on March 31, 2010 at 6:35:01 AM
China Power Equipment Reports Higher Revenues and Net Income

XI'AN, China, March 31 -- China Power Equipment, Inc. ("China Power Equipment" or the "Company")  (BULLETIN BOARD: CPQQ) , the manufacturer of a new generation of energy saving electric transformers and transformer cores in the People's Republic of China, today reported higher revenues and net income for the year ended December 31, 2009.

  Year 2009 Highlights
  -- Net revenues increased 154.0% to $23.87 million in 2009 from $9.39
     million in 2008.
  -- Gross profit increased 143.1% to $5.70 million in 2009 from $2.34
     million in 2008.
  -- Net income increased 190.0% to $4.22 million in 2009 from $1.46 million
     in 2008.
  -- Diluted earnings per common share decreased 357.1% to $(0.32) per share
     in 2009 from $(0.07) per share in 2008, mainly due to a deemed dividend
     from the beneficial conversion feature of preferred stock and higher
     average common shares outstanding.

Net revenues increased $14.47 million or 154.0 percent to $23.87 million for the year ended December 31, 2009 from $9.39 million in the year 2008, mainly due to higher volumes of amorphous alloy cores and transformers sold. Net income increased $2.76 million or 190.0 percent to $4.22 million in 2009 from $1.46 million in 2008, mainly due to the higher revenues and continuing good control of expenses. Diluted earnings per share decreased 357.1 percent to $(0.32) per common share in 2009 from $(0.07) per share in 2008, mainly due to a deemed dividend from the beneficial conversion feature of preferred stock and higher average common shares outstanding that increased 35.1 percent in 2009 from 2008.

Mr. Yong Xing Song, Chairman of the Board of China Power Equipment, said, "Our strong increases in revenues and net income for the year 2009 reflect the high demand in the Chinese market for our energy-efficient amorphous alloy electric transformer equipment."

Looking at the company's products, revenues from amorphous alloy cores were up $10.84 million or 202.1 percent to $16.21 million in 2009 from $5.37 million in 2008. Revenues from amorphous alloy transformers were up $4.05 million or 115.4 percent to $7.56 million in 2009 from $3.51 million in 2008. Revenues from traditional silicon steel transformers and cores were down $0.42 million or (81.1) percent to $0.10 million in 2009 from $0.52 million in 2008 because the Company exited that business entirely in 2009.

To help fulfill the large increase in customers' orders for amorphous alloy transformers and cores, the Company subcontracted out some of the production to another manufacturer in 2009.

Operating expenses remained under good control, with its gross profit margin declining just 1 percentage point to 23.9 percent in 2009 from 24.9 percent in 2008 on somewhat higher prices for its primary raw material. The Company's operating profit margin increased to 18.9 percent in 2009 from 16.7 percent in 2008.

Total other income increased $0.32 million or 197.4 percent to $0.48 million in 2009 from $0.16 million in 2008, mainly due to higher consulting income for technical support work performed in 2009 that was not offered in 2008 and due to lower interest expense on lower average borrowings in 2009 compared with 2008. The Company's effective income tax rate was down a little to 15.3 percent in 2009 from 15.7 percent in 2008.

As a result, China Power Equipment's net income increased $2.76 million or 190.0 percent to $4.22 million in 2009 from $1.46 million in 2008. Its net profit margin improved to 17.68 percent in 2009 from 15.50 percent in 2008.

Net cash flow provided by operating activities was $5.38 million in 2009, net cash flow used in investing activities was $(2.51) million, mostly in support of capacity expansion, and net cash flow provided from financing activities was $4.94 million, with nearly all of that provided by the net proceeds the Company received from issuing preferred stock in 2009. Adding in a small cash flow benefit due to foreign currency exchange rate changes, China Power Equipment's net cash flow in 2009 resulted in a net increase in cash of $7.81 million. The Company's cash outstanding on December 31, 2009 was $8.88 million.

The Company's debt leverage at yearend 2009 was very modest at 0.3 percent, since it had only one small interest-bearing note payable.

Mr. Song continued, "I believe our results in 2009 represent a very good performance in a very high growth year. With our good cash position, internal cash generation, modest debt leverage, and financing flexibility, we believe we have sufficient financial strength to continue to invest in new product development, capacity expansion, and working capital to support good sales growth in our amorphous alloy cores and amorphous alloy transformers."

Mr. Song continued, "We expect that a new source of amorphous alloy strip will soon be available from Beijing Advanced Technology & Science Materials Co., Ltd. ("AT&M"). We have signed an agreement with AT&M in which we have been given priority to purchase amorphous alloy strip products.

"In September 2009, AT&M completed their test production of amorphous alloy strip, using their facility that has an annual capacity of 10,000 metric tons. We have used some of AT&M's test strip to manufacture test cores and transformers and are pleased to be the first company to do so. Our test cores and transformers are permitting electric power grid organizations and other transformer makers to test and to validate that our cores and transformers using AT&M's amorphous alloy will perform as expected, are essentially equivalent in quality and performance to production that uses Hitachi's amorphous alloy, and are qualified for production purchases. We believe that this second source for amorphous alloy strip, when approved for production, is likely to help alleviate the raw material constraint that has been a concern in the global transformer industry. AT&M's alloy is likely to be quite cost competitive and may accelerate the use of amorphous alloy transformers by China's electric power grid companies."

Mr. Song concluded, "China's economic outlook continues to be encouraging, and China's adoption of amorphous alloy electric transformers in both urban and rural areas appears to be increasing at an increasing rate. As a result, we believe that the high demand for amorphous alloy cores and transformers should continue for several years."

  Financial statements follow.

                         China Power Equipment, Inc.
                    Consolidated Statements of Operations

                                                  Year Ended December 31,
                                                  2009              2008
  Revenue, net                                $23,866,239        $9,394,491
  Cost of goods sold                          (18,167,768)       (7,050,739)
    Gross profit                                5,698,471         2,343,752

  Operating expenses:
    Selling, general, and administrative
     expenses                                   1,170,932           779,350
    Stock-based compensation                       25,697                --
      Total operating expenses                  1,196,629           779,350
  Net income from operations                    4,501,842         1,564,402

  Other income (expenses)
    Gain on investment                             89,755            67,505
    Other income                                  393,224           279,436
    Interest income                                12,902             3,119
    Interest expense                              (14,268)         (188,110)
      Total other income                          481,613           161,950
  Net income before income taxes                4,983,455         1,726,352
  Income taxes                                    763,455           270,559
  Net income                                   $4,220,000        $1,455,793

  Deemed dividend from beneficial
   conversion feature of preferred
   stocks                                      (9,045,005)       (2,193,483)
  Net loss applicable to common
   shareholders                               $(4,825,005)        $(737,690)

  Loss per share - basic                           $(0.32)           $(0.07)
  Loss per share - diluted                         $(0.32)           $(0.07)

  Weighted average common shares
   outstanding:
  Basic                                        14,908,313        11,036,692
  Diluted                                      14,908,313        11,036,692

  The accompanying notes are an integral part of these consolidated
  financial statements.

                         China Power Equipment, Inc.
                         Consolidated Balance Sheets

                                              December 31,      December 31,
                                                  2009              2008
                                    Assets
  Current Assets
  Cash                                         $8,883,188        $1,071,038
  Accounts receivable, net                      1,949,818         2,013,305
  Advance to suppliers                                 --           771,407
  Inventory, net (Note 3)                         363,312           461,634
  Prepaid expenses and other
   receivables                                    220,939           257,700
    Total Current Assets                       11,417,257         4,575,084

  Related party receivables (Note 11)                 731            97,248
  Property, plant and equipment, net
   (Note 4)                                     4,593,068         3,116,422
  Intangible assets, net (Note 6)                 391,513           220,742
  Long-term investment (Note 5)                   282,897           236,384
  Deposit on contract rights (Note 12)          1,316,328         1,313,064
  Deposit for purchase of equipment               767,858                --
  Prepaid capital lease (Note 9)                  111,482           116,694
  Total Assets                                $18,881,134        $9,675,638

  Liabilities and Stockholders' Equity
  Current Liabilities
  Accounts payable                               $549,065          $710,480
  Accrued liabilities and other
   payables                                       395,486           409,040
  Advance from customers                           32,760           142,156
  Lease payable - current portion (Note 9)          2,156             1,944
  Note payable (Note 8)                            58,503            58,358
  Value-added tax payable                         219,398            64,686
  Income taxes payable (Note 7)                   365,751           235,262
  Related party payable (Note 11)                   1,170             1,167
    Total Current Liabilities                   1,624,289         1,623,093

  Long-term Liabilities
  Lease payable - non current portion
   (Note 9)                                       115,463           117,327
    Total Long-term Liabilities                   115,463           117,327

  Stockholders' Equity
  Series B convertible preferred stock,
   $0.001 par value, 5,000,000 shares
   authorized,
  4,166,667 shares and Nil issued and
   outstanding at December 31, 2009 and
   2008                                             4,167                --
  Common stock: par value $0.001 per
   share, 100,000,000 shares
   authorized;
  14,908,313 shares issued and
   outstanding at December 31, 2009 and
   2008                                            14,908            14,908
  Additional paid-in capital                   21,182,026         7,176,041
  Statutory surplus reserve fund (Note
   10)                                            642,819           202,665
  Retained earnings (Accumulated
   deficit)                                    (5,728,130)         (462,971)
  Accumulated other comprehensive
   income                                       1,025,592         1,004,575
    Total stockholders' equity                 17,141,382         7,935,218
  Total Liabilities and Stockholders'
   Equity                                     $18,881,134        $9,675,638

  The accompanying notes are an integral part of these consolidated
  financial statements.

                            China Power Equipment, Inc.
                      Consolidated Statements of Cash Flows

                                                Year Ended December 31,
                                                 2009           2008
  Cash Flows from Operating Activities
    Net income                                $4,220,000      $1,455,793
    Adjustments to reconcile net income
     to net cash:
      Depreciation and amortization
       expense                                   249,592         232,607
      Stock-based compensation                    25,697              --
      Provision of bad debts                      90,594          40,467
      Provision of impairment loss of
       advance to suppliers                           --         107,885
      Gain on investment                         (89,755)        (67,505)
      Changes in operating assets and
       liabilities:
        Accounts receivable                      (22,138)       (210,710)
        Advance to suppliers                     772,909          83,518
        Inventory                                 99,416         (92,297)
        Prepaid expenses and other
         receivables                              37,380          17,051
        Accounts payable                        (163,094)       (442,875)
        Accrued expenses and other payables      (14,558)        (39,973)
        VAT tax payable                          154,468         (36,449)
        Income taxes payable                     129,834         105,293
        Advance from customers                  (109,690)        (17,473)
    Net cash provided by (used in)
     operating activities                      5,380,655       1,135,332

  Cash Flows from Investing Activities
    Acquisitions of property, plant, and
     equipment                                   (18,422)        (49,266)
    Addition in construction in progress      (1,620,844)             --
    Acquisitions of intangible assets           (219,270)             --
    Deposit for purchase of equipment           (767,445)             --
    Repayment from related parties                72,913          65,724
    Dividend from equity interest
     subsidiary                                   43,854          71,816
      Net cash provided by (used in)
       investing activities                   (2,509,214)         88,274

  Cash Flows from Financing Activities
    Principal payments on capital lease           (1,948)         (1,731)
    Repayment to related parties                      --        (186,575)
    Proceeds from issuing preferred
     stock                                     4,939,450              --
    Repayment to short-term loans                     --      (1,098,783)
      Net cash provided by (used in)
       financing activities                    4,937,502      (1,287,089)

  Effect of exchange rate changes on
   cash and cash equivalents:                      3,207          60,626
  Increase (decrease) in cash and cash
   equivalents                                 7,812,150          (2,857)
  Cash and cash equivalents, beginning
   of period                                   1,071,038       1,073,895
  Cash and cash equivalents, end of
   period                                     $8,883,188      $1,071,038

  Supplemental disclosure of cash flow
   information
    Interest paid in cash                        $14,268        $188,110
    Income taxes paid in cash                   $633,621        $165,265

  Non-cash investing and financing
   activities:
    Issuance of stocks for advance from
     investor                                        $--        $100,000
    Reclass long-term investment to
     advance to suppliers                            $--        $706,823
    Conversion of preferred stock to
     common stock                                    $--             $93
    Construction in progress in lieu of
     repayment from related party                $23,794             $--

  The accompanying notes are an integral part of these consolidated
  financial statements."

                       China Power Equipment, Inc.
              Consolidated Statements Of Stockholders' Equity

                                                                 Additional
                            Preferred Stock    Capital Stock       Paid-in
                           Shares    Amount   Shares    Amount     Capital
  BALANCE, JANUARY 1,
   2008                    92,500     $93  10,451,613  $10,452   $4,886,921
    Conversion of
     Series A preferred
     stock                (92,500)    (93)  4,021,900    4,022       (3,929)
    Deemed dividend on
     preferred stock           --      --          --       --    2,193,483
    Issuance of common
     stock                     --      --     434,800      434       99,566
    Transfer to
     statutory reserve         --      --          --       --           --
    Comprehensive
     income:
    Net income                 --      --          --       --           --
    Foreign currency
     translation
     adjustment                --      --          --       --           --
    Total comprehensive
     income
  BALANCE, DECEMBER 31,
   2008                        --      --  14,908,313   14,908    7,176,041
    Issuance of
     preferred stock    4,166,667   4,167          --       --    4,935,283
    Deemed dividend on
     preferred stock           --      --          --       --    9,045,005
    Stock-Based
     Compensation              --      --          --       --       25,697
    Transfer to
     statutory reserve         --      --          --       --           --
    Comprehensive
     income:
    Net income                 --      --          --       --           --
    Foreign currency
     translation
     adjustment                --      --          --       --           --
    Total comprehensive
     income
  BALANCE, DECEMBER 31,
   2009                 4,166,667  $4,167  14,908,313  $14,908  $21,182,026

                        China Power Equipment, Inc.
              Consolidated Statements Of Stockholders' Equity

                                                     Accumulated
                                         Retained      Other
                             Statutory   Earnings      Compre-      Total
                              Surplus  (Accumulated    hensive Stockholders'
                              Reserve     deficit)  Income (Loss)   Equity

  BALANCE, JANUARY 1, 2008    $38,629     $438,755    $585,381   $5,960,231
    Conversion of Series A
     preferred stock               --           --          --           --
    Deemed dividend on
     preferred stock               --   (2,193,483)         --           --
    Issuance of common stock       --           --          --      100,000
    Transfer to statutory
     reserve                  164,036     (164,036)         --           --
    Comprehensive income:
    Net income                     --    1,455,793          --    1,455,793
    Foreign currency
     translation adjustment        --           --     419,194      419,194
    Total comprehensive
     income                                                       1,874,987
  BALANCE, DECEMBER 31,
   2008                       202,665     (462,971)  1,004,575    7,935,218
    Issuance of preferred
     stock                         --           --          --    4,939,450
    Deemed dividend on
     preferred stock               --   (9,045,005)         --           --
    Stock-Based Compensation       --           --          --       25,697
    Transfer to statutory
     reserve                  440,154     (440,154)         --           --
    Comprehensive income:
    Net income                     --    4,220,000          --    4,220,000
    Foreign currency
     translation adjustment        --           --      21,017       21,017
    Total comprehensive
     income                                                       4,241,017
  BALANCE, DECEMBER 31, 2009 $642,819  $(5,728,130) $1,025,592  $17,141,382

  The accompanying notes are an integral part of these consolidated
  financial statements.

  About China Power Equipment, Inc.

China Power Equipment, Inc., is a U.S. corporation, which through its wholly-owned subsidiary, An Sen (Xi'an) Power Science & Technology Co., Ltd. and its affiliated operating company, Xi'an Amorphous Zhongxi Co., Ltd., designs, manufactures, and distributes amorphous alloy transformer cores and amorphous alloy core electricity transformers in the People's Republic of China. The company currently manufactures 59 different products, primarily amorphous alloy cores and amorphous alloy core transformers.

Safe harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements.

The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to sustain our previous levels of profitability including on account of our ability to manage growth, intense competition, wage increases in China, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, our ability to successfully complete and integrate potential acquisitions, withdrawal of governmental fiscal incentives, political instability and regional conflicts and legal restrictions on raising capital or acquiring companies outside China.

Additional risks that could affect our future operating results are more fully described in our filings with United States Securities and Exchange Commission. These filings are available at http://www.sec.gov.

We may, from time to time, make additional written and oral forward- looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by or on our behalf.

For more information on China Power Equipment please visit our website at http://www.chinapower-equipment.com/ .

  For more information, please contact:

  China Power Equipment, Inc.
   Phone: +1-646-623-6999 in the USA
   Email: xa-fj@xa-fj.com

  or

  Christensen

   Mr. Yuanyuan Chen (English and Chinese)
   Mobile: +86-139-2337-7882 in Beijing
   Email:  ychen@christensenir.com

   Mr. Tom Myers (English)
   Mobile: +86-139-1141-3520 in Beijing
   Email:  tmyers@christensenir.com

   Ms. Kathy Li (English and Chinese)
   Telephone +1-212-618-1978 in the USA
   Email:  kli@christensenir.com

Source: China Power Equipment, Inc.
   

CONTACT:  China Power Equipment, Inc., +1-646-623-6999 in the USA, or
xa-fj@xa-fj.com; Christensen - Mr. Yuanyuan Chen (English and Chinese), mobile
+86-139-2337-7882 in Beijing, or ychen@christensenir.com; Mr. Tom Myers
(English), mobile +86-139-1141-3520 in Beijing, or tmyers@christensenir.com;
Ms. Kathy Li (English and Chinese), +1-212-618-1978 in the USA, or
kli@christensenir.com

Web Site:  http://www.chinapower-equipment.com/
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Government Recommendations for Technology and

Poster: SySAdmin
Posted on March 31, 2010 at 6:21:01 AM
Innovation Centres May Fall Short
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Government Recommendations for Technology and Innovation Centres May Fall Short

CAMBRIDGE, England, March 31, 2010--     PraxisUnico, the UK's leading research commercialisation organisation,
invites comment on a statement from the organisation's Chairman, Professor
David Secher, on Government policy on knowledge transfer. Lord Mandelson has
accepted the recommendations of the recent Hauser Report. This report
proposes development of a network of technology and innovation centres that
will help deliver the industries and jobs of the future.

    In his statement Professor Secher assesses the significance of the Hauser
Report to knowledge transfer and research commercialisation, "It is clear
that Lord Mandelson, who commissioned the report, favours the German system
of Fraunhofer Institutes. Previous attempts to copy that system in the UK
(e.g. Faraday Centres) have failed and Hauser is careful to explain that what
works in Germany may not be appropriate here. He notes that in the UK since
2008 the Regional Development Agencies and devolved governments have invested
more than GBP150m in over 50 Technology Innovation Centres. Whilst some of
these have already shown signs of success and sustainability (e.g. advanced
manufacturing in Sheffield), many have been constrained by insufficient
funding, duplication and a too narrow geographical focus. They have also been
constrained by the dimensions of the existing UK industrial base."

    Secher concludes, "Is there a danger that the biggest breakthroughs might
fall through such a network? When César Milstein invented monoclonal
antibodies or Fred Sanger DNA sequencing, these would not have met Hauser's
criteria. The recognition of the importance of serendipity and the ability
flexibly to set up (and close down!) centres, as science develops, must be
taken into account. It is the ability to create demand which marks some of
the greatest developments, not simply being a narrow servant of the market.
Most importantly, the investment needs to add to university knowledge
transfer and improve the demand from British industry for new research (as
identified so clearly by Richard Lambert in his 2003 report). To build a
knowledge economy we need, not a reinforcement of old industries, but an
industrial base that is aligned with our research potential; that can build
on the success of university knowledge transfer; and that fosters a demand
creation agenda."

    Notes to Editors

    1. Professor Secher's full statement is at
http://www.praxisunico.org.uk/news

    2. Hermann Hauser's report is at:
http://berr.gov.uk/assets/biscore/innovation/docs/10-843-role-of-technology-i
nnovation-centres-hauser-review.pdf

    (Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)

    3. The Hauser Report proposes a national network of sector-based centres
to "close the gap between universities and industry though a 'translational
infrastructure' to provide a business-focused capacity and capability that
bridges research and technology commercialisation."

    4. Secher also proposes that the centres should be called "Hawking
Centres" or "Hauser Centres", rather than "Clark Maxwell Centres", as
suggested by Hauser.

    About PraxisUnico

    PraxisUnico is a not-for-profit educational organisation set up to
support innovation and commercialisation of public sector and charity
research for social and economic impact. PraxisUnico encourages innovation
and acts as a voice for the research commercialisation profession,
facilitating the interaction between the public sector research base,
business and government. PraxisUnico provides a forum for best practice
exchange, underpinned by first-class training and development programmes.

    http://www.praxisunico.org.uk

   
    For further information:
    PraxisUnico
    Lee Willmott
    Communications Officer
    Tel: +44-(0)1223-422085
    lee.willmott@praxisunico.org.uk

Source: PraxisUnico

For further information: PraxisUnico, Lee Willmott, Communications Officer,
Tel: +44-(0)1223-422085, lee.willmott@praxisunico.org.uk

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Verizon Helps Government Agencies Take Complexity out of Going Mobile

Poster: SySAdmin
Posted on March 31, 2010 at 6:14:01 AM
Verizon Helps Government Agencies Take Complexity out of Going Mobile

New Solution for Public Agencies Helps Track, Manage and Secure Devices for Workforces On-the-Go

NEW YORK, March 31 -- More than ever, government agencies are providing their workers with mobile communications tools such as smart phones, laptops and other wireless devices.  A tailored managed mobility solution from Verizon helps agencies manage and secure those mobile assets.

The solution, Verizon's Mobility Management for Government (MMG), helps agencies protect physical and intellectual assets while meeting the unique security mandates of federal agencies and other public institutions.

Verizon MMG, an expansion of Verizon's comprehensive Managed Mobility portfolio for enterprises, is available immediately under the U.S. General Services Administration's Washington Interagency Telecommunications System (WITS 3) contract and as an IT solution using the Alliant contract. The solution complies with the Federal Information Processing Standard (FIPS) Publication 140-2 and applicable Security Technical Implementation Guide security guidelines for federal agencies.

One federal agency already is taking advantage of the government mobility solution. The U.S. Geological Survey, a bureau within the U.S. Department of the Interior, recently signed a new contract for Verizon Business to provide mobile infrastructure and device management for approximately 1,500 smart phones.

"The business of government has moved beyond the traditional four walls, and public agencies are providing their mobile workers with the tools they need to be more flexible and productive," said Susan Zeleniak, group president, Verizon Federal. "This solution is designed with public agencies' strict security requirements in mind, enabling them to deploy advanced mobility tools with confidence."

The MMG offering is carrier-neutral and enables federal and state agencies to securely deploy smart mobile devices while avoiding the complexity of managing those devices in-house.

  Specific components of the MMG solution include:

  --  Mobile Security Shield - Anti-virus and spam security protection for
      mobile PDAs and mobile operating systems.
  --  Mobile Virtual Private Network - The VPN is compliant with FIPS 140-2
      and provides secure connectivity back to agency applications.
  --  Mobile Infrastructure and Device Management - Manages mobile devices
      for the agency, delivering tools, applications and data to employees,
      where and when required, while creating and enforcing flexible mobile
      policies across the agency.
  --  Wireless Expense and Asset Management System - Tracks mobile assets,
      usage and spending, delivering consolidated and departmental reports.
      The platform, a fully hosted solution, allows agencies to order or
      disconnect devices as well as track wireline telecom spending.

Agencies also have the option of help desk support round-the-clock, seven days a week.

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

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

Source: Verizon
   

CONTACT:  Stefanie Scott of Verizon, +1-512-495-6730,
stefanie.scott@verizon.com

Web Site:  htp://www.verizon.com

Company News On-Call:  http://www.prnewswire.com/comp/094251.html
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Diguang International Announces Fourth Quarter and Full Year 2009 Results

Poster: SySAdmin
Posted on March 31, 2010 at 6:07:01 AM
Diguang International Announces Fourth Quarter and Full Year 2009 Results

SHENZHEN, China, March 31 -- Diguang International Development Co., Ltd.  (BULLETIN BOARD: DGNG)  ("Diguang" or the "Company") today announced financial results for the fourth quarter and the year ended December 31, 2009.

  Fourth Quarter Highlights
  -- Net revenue increased 65.0% year-over-year to $14.4 million
  -- Gross profit totaled $1.6 million, or 11.0% of sales, compared to gross
     loss of $1.0 million a year ago
  -- Net loss improved to $2.9 million, or $0.13 cents per diluted share,
     compared to a loss of $3.7 million, or $0.17 per diluted share, a year
     ago
  -- Non-GAAP net income was $0.4 million, or $0.02 per share, compared to a
     non-GAAP net loss of $1.6 million, or $0.07 per diluted share, a year
     ago
  -- In December 2009, Diguang commenced construction of its new production
     facility in Shenzhen to manufacture large sized LED back light products
     and LED TVs
  -- In October 2009, Diguang featured its LED lighting products at the Hong
     Kong International Lighting Fair
  -- In November 2009, Diguang featured its LED products at the China
     Hi-Tech Fair in Shenzhen

"Demand for our LED backlights continued to increase in the fourth quarter of 2009. As a result, revenue increased 7.1% over the third quarter of 2009 and jumped 65.0% on a year-over-year basis," said Mr. Song Yi, the President and Chief Executive Officer of Diguang. "In 2009, our product mix reflects our focus on the rapidly growing market for LED products. For the first time, sales of our LED products, including LED backlights, LED LCM, mini-notebooks, LED general lighting products and LED monitors, represented a majority of our total sales. We successfully introduced our LED TV backlight and LCM to major TV manufacturers and added 10 new customers, which accounted for approximately 19.0% of our total revenue for fiscal year 2009. During the year, we also delivered our 19" LED energy saving monitors, along with several LED general lighting products. While margin improved across LED product lines, most notably, large sized LED backlights recorded higher revenue and gross margin.

"We believe our LED TVs and TV assembly offerings will continue to gain momentum as consumers seek environmentally friendly, power-saving and superior quality products at affordable prices. This is especially true for the domestic market, and we are working to expand our network of agents within China," added Mr. Song

Highlights for the Three Months Ended December 31, 2009

Net revenue totaled approximately $14.4 million for the three months ended December 31, 2009, a significant increase of 65.0%, compared to $8.7 million for the three months ended December 31, 2008. On a sequential basis revenue increased 6.0% from $13.6 million in the third quarter of 2009 as a result of growing market demand for the Company's LED TV backlights and CCFL backlights. The fourth quarter of 2009 represents second consecutive quarter of expanded sales for the Company's traditional CCFL products and newly developed large size LED backlights and LED monitors, which benefited from continued economic recovery.

Gross profit for the fourth quarter of 2009 totaled $1.6 million, or 11.0% of net sales, compared with gross loss of $1.0 million for the same period of 2008. The turnaround in gross profit was largely attributable to upgrades to its small and mid size LED backlight products which generated negative margins in the year ago period, combined with the ability to generate high gross margin from sales of its large sized LED products. On a sequential basis, gross margin increased 4.0 percentage points from 7.0% in the third quarter of 2009.

Operating expenses totaled approximately $4.2 million for the fourth quarter of 2009, up 56.6% from $2.8 million in the fourth quarter of 2008. As a percentage of net revenue, fourth quarter 2009 total operating expenses amounted to 29.1%, compared to fourth quarter 2008 operating expenses at 56.6% of net revenue. This was largely attributable to a significant increase in R&D expenses as the Company aggressively upgraded its existing products and invested into product development initiatives and increase in selling expenses due to promotion activities for new products, which were partially offset by decline in general and administrative expenses as a result of management's disciplined efforts to control costs.

The Company's net loss attributable to common shares during the three months ended December 31, 2009 was $2.9 million, down from net loss attributable to common shares of $3.7 million for the three months ended December 31, 2008.

The loss per basic and diluted share was ($0.13) for the three months ended December 31, 2009, improving from loss per basic and diluted share of ($0.17) for the three months ended December 31, 2008.

Excluding non-cash items, net income for the fourth quarter of fiscal 2009 on a non-GAAP basis would have been $0.4 million, or $0.02 per basic and diluted share. Excluding non-cash items, net loss for the fourth quarter of 2008 on a non-GAAP basis would have been $1.6 million, or ($0.07) per basic and diluted share. Please see the reconciliation table below.

  Reconciliation of GAAP Net Income and Earnings per Share to Non-GAAP Net
  Income and Earnings per Share

                              Three Months Ended          Years Ended
                                  December 31,            December 31,
                               2009         2008        2009        2008

  GAAP net income (loss)   (2,935,282)  (3,730,896) (7,200,452) (4,718,370)
  Non-cash items:
  Non controlling interest    202,927      (74,007)    (45,682)    195,925
  Depreciation                381,998      415,979   1,601,616   1,833,219
  Bad debt allowance          869,079      220,720     869,079     220,720
  Inventory provision       1,181,258    1,183,932   1,749,523   1,239,816
  Impairment of long-term
   investments                720,698      157,108     720,698     157,108
  Loss on disposal of
   assets                           2        3,726      30,489       3,726
  Share-based
   compensation               (20,305)     144,127     281,175     571,505
  Deferred tax assets              --       53,522      28,485      53,522
  Non GAAP net income
   (loss)                     400,375   (1,625,789) (1,965,069)   (442,869)

  GAAP net income (loss)        (0.13)       (0.17)      (0.33)      (0.21)
  Non-cash items:
  Non controlling interest       0.01        (0.00)      (0.00)       0.01
  Depreciation                   0.02         0.02        0.07        0.08
  Bad debt allowance             0.04         0.01        0.04        0.01
  Inventory provision            0.05         0.05        0.08        0.06
  Impairment of long-term
   investments                   0.03         0.01        0.03        0.01
  Loss on disposal of
   assets                        0.00         0.00        0.00        0.00
  Share-based
   compensation                 (0.00)        0.01        0.01        0.03
  Deferred tax assets            0.00         0.00        0.00        0.00
  Non GAAP net income
   (loss)                        0.02        (0.07)      (0.09)      (0.02)
  Weighted average shares
   outstanding -
   basic and diluted       22,200,822   22,072,000  22,072,000  22,155,882

  Fiscal Year 2009 Results

Total revenue for 2009 was approximately $44.1 million, down 20.5% from $55.4 million in fiscal year 2008. Gross profit for 2009 was $3.6 million, down 25.1% from gross profit of $4.7 million a year ago. Gross margin was 8.1% for 2009, down from 8.6% for 2008. The Company recorded an operating loss of $7.0 million, compared with operating loss of $3.9 million in 2008. Net loss attributable to common shares for 2009 was $7.2 million, compared with net loss attributable to common shares of $4.7 million in 2008. Basic and diluted loss per share were ($0.33) for 2009 compared to ($0.21) in 2008.

Excluding non-cash items, net loss for 2009 on a non-GAAP basis would have been $2.0 million, or ($0.09) per share. Excluding non-cash items, net loss for 2008 on a non-GAAP basis would have been $0.4 million, or ($0.02) per share. Please see the reconciliation table above.

Financial Condition

As of December 31, 2009, Diguang had $6.2 million in cash and cash equivalents, $4.3 million in restricted cash and approximately $2.8 million in working capital. As of December 31, 2009, shareholders' equity was $51.7 million.

Recent Events

On March 9, 2010, Diguang's management team presented at the Rodman & Renshaw China Investment Conference in Beijing.

Business Outlook

Diguang continues to anticipate strong growth driven by increased demand in its LED backlight, LED TV, and general lighting product segments. According to DisplayBank's projections Global LED market will reach $14 billion in 2013, reflecting a five-year compound annual growth rate 18.7%. The Company has rolled out its 32", 42" and 52" LED TVs in small batches in the first quarter of 2010 and expects to deliver large orders in the second quarter of 2010. Diguang expects to launch its 24-inch ultra-thin monitor in the second quarter of 2010.

Diguang's new production facility in Shenzhen will be used to manufacture large size LED backlights and LED TVs. This new facility will house ten production lines with a total annual production capacity of 1.0 million units. The Company expects to complete construction in the third quarter of 2010 and anticipates the facility to commence production by the first quarter of 2011. With the additional capacity from the Shenzhen facility, the Company expects total capacity to expand to 6.6 million backlight units, 320,000 LED TV and monitor units, and 50,000 LED lighting units, an increase of 45.6%, 88.2% and 150%, respectively.

General lighting products, represent a longer term growth opportunity. According to DisplaySearch projections, the LED lighting market could reach $2 billion by 2013. Diguang employs sales agents to expand its geographic reach and has shipped samples of its LED general lighting products to the US, UK, France, Netherland and Singapore. The Company has received favorable response and is working on initial trial orders from customers in US, UK, and France.

The Company estimates fiscal 2010 revenue to be in the range of $60 million to $80 million.

"With distinguishing features such as superior quality, slimmer profiles, lower energy consumption and higher color contrast gaining consumers' attention, the global LED TV market is rapidly gaining momentum and we expect it to be a strong catalyst for our growth in the year ahead. We are also excited about the emerging LED general lighting segment with increasing government support and rising global environmental consciousness," commented Mr. Song. "Our new production facility in Shenzhen will enable us to capitalize on the long term growth opportunities in the LED industry. With strategically located manufacturing bases in China's vital electronics manufacturing regions, Diguang is well positioned to effectively meet increasing demand from both domestic and international customers."

Use of Non-GAAP Financial Measures

GAAP results for the three months and years ended December 31, 2009 and 2008 include non-cash expenses such as depreciation, share based compensation, bad debt allowance, inventory provisions, loss on the disposal of assets, and deferred tax assets.  To supplement the Company's condensed consolidated financial statements presented on a GAAP basis, the Company has provided non- GAAP financial information excluding the impact of these items in this release, which are non-GAAP net income and non-GAAP diluted earnings per share. The Company's management believes that these non-GAAP measures provide investors with a better understanding of how the results related to the Company's historical performance. The additional adjusted information is not meant to be considered in isolation or as a substitute for GAAP financials. The adjusted financial information that the Company provides also may differ from the adjusted information provided by other companies. Management believes that these adjusted financial measures are useful to investors because they exclude non-cash expenses that management excludes when it internally evaluates the performance of the Company's business and makes operating decisions, including internal budgeting, and performance measurement, as these measures provide a consistent method of comparison to historical periods. As a result, the provision of these adjusted measures allows investors to evaluate the Company's performance using the same methodology and information as that used by the Company's management. Moreover, management believes that these adjusted measures reflect the essential operating activities of the Company. Adjusted measures are subject to inherent limitations because they do not include all of the expenses included under GAAP and because they involve the exercise of judgment of which charges are excluded from the adjusted financial measure. However, the Company's management compensates for these limitations by providing the relevant disclosure of the items excluded. A reconciliation of each adjusted measures to the nearest GAAP measure appears in the table above.

Teleconference and Webcast Information

Management will host a conference call and webcast to the 2009 fourth quarter and year-end financial results. The conference call will take place at 9:00 a.m. Eastern Time on Thursday, April 1, 2010.

To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: +1 (877) 833-3695. International callers should dial +1 (706) 679-8022. When prompted, please enter the conference ID number 645 864 20.

A replay will be available for 14 days starting at 10:00 a.m. Eastern Time on Thursday, April 1, 2010, and can be accessed by dialing +1 (800) 642-1687. International callers should dial +1 (706) 645-9291. When prompted, please enter the conference ID number 645 864 20.

About Diguang International Development Co., Ltd.

Through its subsidiaries, Diguang develops and produces CCFL and LED backlights for a wide range of TFT-LCD products. A backlight is the typical light source of a liquid crystal display (LCD), with applications spanning televisions, computer monitors, cellular phones, digital cameras, DVDs and other home appliances. Leveraging its LED expertise, the Company also creates and markets energy-saving technologies and solutions for rapidly growing markets such as LED backlight monitors and LED general lighting. For more information, contact CCG Investor Relations directly or go to Diguang's website at http://www.diguangintl.com/ .

Safe Harbor Statements

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Diguang's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China, weather and natural disasters, changing interpretations of generally accepted accounting principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; legislation or regulatory environments, requirements or changes adversely affecting the businesses in which Diguang is engaged; fluctuations in customer demand; management of rapid growth; intensity of competition from other providers of backlights; timing approval and market acceptance of new product introductions; general economic conditions; geopolitical events and regulatory changes, as well as other relevant risks, including but not limited to risks outlined in the Company's periodic filings with the U.S. Securities and Exchange Commission. Diguang does not assume any obligation to update the information contained in this press release.

  For more information, please contact:

  Company Contact:
   Viola Tse
   Diguang International Development Co., Ltd.
   Phone: +1-626-593-5486
   Email: viola@diguang.com

  Investor Relations Contact:
   Elaine Ketchmere, Partner
   CCG Investor Relations
   Phone: +1-310-954-1345
   Email: Elaine.ketchmere@ccgir.com
   Web:   http://www.ccgirasia.com/

                             (financial tables follow)

                   DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD.
           CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
                 FOR THE YEARS ENDED DECEMBER 31, 2008 AND 2009
                                (In US Dollars)

                         Three Months Ended             Years Ended
                             December 31,               December 31,
                          2009         2008          2009         2008
  Revenues:
  Revenues, net        14,415,893    8,734,623   $44,075,249  $55,430,680
  Cost of sales        12,824,018    9,696,293    40,523,868   50,690,610

  Gross profit          1,591,875     (961,670)    3,551,381    4,740,070

  Selling expense         683,374      589,551     2,336,476    1,854,369
  Research and
   development          1,563,326      327,636     3,049,703    1,163,830
  General and
   administrative       1,226,559    1,742,804     4,411,902    5,509,517
  Loss on disposing
   assets                       2      157,108        30,489        3,726
  Impairment loss         720,698           --       720,698      157,108
  Loss from
   operations          (2,602,084)  (3,778,769)   (6,997,887)  (3,948,480)

  Interest income
   expense, net           (81,369)     (89,062)     (367,128)    (259,666)
  Investment
   income (loss)               --        1,471           800       67,523
  Other income
   (loss)                 (37,478)     137,674       160,459     (190,513)

  Loss before
   income taxes        (2,720,931)  (3,728,686)   (7,203,756)  (4,331,136)

  Income tax
   provision               11,424       76,217        42,351      191,309

  Net loss             (2,732,355)  (3,804,903)   (7,246,107)  (4,522,445)

  Net income (loss)
   attributable to
   non-controlling
   interest               202,927      (74,007)      (45,682)     195,925

  Net income (loss)
   attributable to
   common shares       (2,935,282)  (3,730,896)  $(7,200,425) $(4,718,370)

  Weighted average
   common shares
   outstanding -
   basic               22,200,822   22,072,000    22,072,000   22,155,882

  Losses per share
   - basic                  (0.13)       (0.17)        (0.33)       (0.21)

  Weighted average
   common shares
   outstanding -
   diluted             22,200,822   22,072,000    22,072,000   22,155,882

  Losses per
   shares -
   diluted                  (0.13)       (0.17)        (0.33)       (0.21)

                   DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD.
                          CONSOLIDATED BALANCE SHEETS
                                (In US Dollars)

                                                   December 31,
                                          2009                    2008
  ASSETS
  Current assets:
  Cash and cash equivalents            $6,190,513             $15,024,363
  Restricted cash                       4,341,112                      --
  Accounts receivable, net
   of allowance for
   doubtful accounts
   $ 655,893 and $1,529,505            13,972,086               9,944,208
  Inventories, net of
   provision $2,081,334
   and $3,519,124                       7,439,287               7,285,860
  Other receivables, net
   of provision $ 101,020
   and $ 69,032                           465,013                 535,493
  VAT recoverable                          82,497                 112,842
  Advance to suppliers                    900,328                 602,017
  Deferred tax asset                           --                  28,485

  Total current assets                 33,390,836              33,533,268

  Investment, net of
   impairment $779,302 and
   $ 1,500,000                                 --                 720,698
  Plant, property and
   equipment, net                      17,868,845              19,369,200
  Long-term prepayments                   439,502                      --

  Total assets                        $51,699,183             $53,623,166

  LIABILITIES AND
   SHAREHOLDERS' EQUITY
  Current liabilities:
  Bank loans                          $10,213,683              $4,397,215
  Accounts payable                     15,446,721              15,643,476
  Advance from customers                  325,165                 561,282
  Accruals and other
   payables                             2,510,206               2,337,800
  Accrued payroll and
   related expense                        712,206                 626,277
  Income tax payable                      394,989                 401,260
  Amount due to related
   parties                                     --                 674,548
  Amount due to
   stockholders - current                 943,378               1,005,480
  Total current
   liabilities                         30,546,348              25,647,338

  Research funding
   advanced                               952,255                 644,925
  Total non-current
   liabilities                            952,255                 644,925

  Total liabilities                    31,498,603              26,292,263

  Equity
  Common stock, par value $0.001
   per share, 50 million shares
   authorized, 22,593,000 and
   22,593,000 shares issued,
   22,072,000 and 22,072,000 shares
   outstanding                             22,593                  22,593
  Additional paid-in
   capital                             20,881,635              20,600,460
  Treasury stock at cost                 (674,455)               (674,455)
  Appropriated earnings                   802,408                 802,408
  Accumulated deficit                  (7,644,254)               (443,829)
  Translation adjustment                4,338,891               4,503,022
  Total stockholders'
   equity                              17,726,818              24,810,199
    Non-controlling
     interest                           2,473,762               2,520,704
  Total equity                         20,200,580              27,330,903

  Total liabilities and
   stockholders' equity               $51,699,183             $53,623,166

                   DIGUANG INTERNATIONAL DEVELOPMENT CO., LTD.
                     CONSOLIDATED STATEMENTS OF CASH FLOWS
              Increase (Decrease) in Cash and Cash Equivalents
                                (In US Dollars)

                                           Years Ended December 31,
                                        2009                      2008
  Cash flows from
   operating activities:
  Net income                        $(7,246,107)              $(4,522,445)
  Adjustments to reconcile net
   income to net cash provided
   by (used in) operating
   activities:
  Depreciation                        1,601,616                 1,833,219
  Bad debts allowance                   869,079                   220,720
  Inventory provision                 1,749,523                 1,239,816
  Impairment of long-term
   investment                           720,698                   157,108
  Loss on disposing
   assets                                30,489                     3,726
  Share-based
   compensation                         281,175                   571,505
  Deferred tax asset                     28,485                    53,522
  Changes in operating
   assets and
   liabilities:
  Accounts receivable                (4,898,836)                3,079,557
  Inventory                          (1,903,493)               (1,073,437)
  Other receivables                      70,470                  (134,174)
  VAT recoverable                        30,347                   291,740
  Prepayments and other
   assets                              (298,422)                  586,062
  Accounts payable                     (196,458)               (4,012,725)
  Accruals and other
   payable                              258,294                (1,273,957)
  Advance from customers               (236,042)                   79,739
  Accrued interest
   payable to related
   parties                               64,629                        --
  Taxes payable                          (6,268)                  (23,295)

  Net cash used in
   operating activities              (9,080,821)               (2,923,319)

  Cash flows from
   investing activities:
  Purchase of fixed
   assets                              (160,094)               (2,607,743)
  Cash paid for
   acquisition of
   entities                            (109,670)               (1,194,520)
  Proceeds from disposal
   of fixed assets                       29,154                     9,161

  Net cash used in
   investing activities                (240,610)               (3,793,102)

  Cash flows from
   financing activities:
  Stock repurchase                           --                  (245,160)
  Due to related parties               (691,273)                 (727,161)
  Capital infused by
   minority interest in
   North Diamond                             --                   737,500
  Proceeds from
   short-term bank
   facilities                         5,813,568                 4,397,215
  Restricted cash pledged
   for import facilities             (4,341,112)                       --
  Prepaid deposit for
   long-term credit
   facilities                          (439,502)                       --
  Research funding
   advanced                             307,731                   391,882

  Net cash received from
   financing activities                 649,412                 4,554,276

  Effect of changes in
   foreign exchange rates              (161,831)                  935,781

  Net increase (decrease)
   in cash and cash
   equivalents                       (8,833,850)               (1,226,364)

  Cash and cash
   equivalents, beginning
   of the year                       15,024,363                16,250,727

  Cash and cash
   equivalents, end of
   the year                          $6,190,513               $15,024,363

Photo: http://www.newscom.com/cgi-bin/prnh/20070830/CNTH005LOGO
Source: Diguang International Development Co., Ltd.
   

CONTACT: Viola Tse of Diguang International Development Co., Ltd.,
viola@diguang.com, +1-626-593-5486; or Elaine Ketchmere, Partner, CCG Investor
Relations, Elaine.ketchmere@ccgir.com, +1-310-954-1345

Web site: http://www.diguangintl.com/
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GoNoni.com Launched by Tahitian Noni International

Poster: SySAdmin
Posted on March 31, 2010 at 6:07:01 AM
GoNoni.com Launched by Tahitian Noni International

A One-Stop-Shop for All Tahitian Noni Communication and Media Needs

PROVO, Utah, March 31 -- Tahitian Noni International (TNI) announced the creation of GoNoni.com, a one-stop-shop for all Tahitian Noni communication and media needs. The site went live on February 25, after revealing it to thousands of Independent Product Consultants (IPCs) at its International Leadership Conference in Anaheim, CA. Since that time, traffic for the new site has exploded by pulling in over 5,300% more visits than the previous TNI blog site.

The decision was made to consolidate the news and information where the distributors were mostly like to go every day into one site. GoNoni.com replaced the distributors' account login screen, so that the thousands who visit their accounts each day are now able to get involved with the latest company news.

The web development team built the entire site from scratch, rather than utilize the resources of a third-party site. They built a content management system that allowed TNI authors to control articles, comments, media, calendar items, and a File Store application that made it easy for any author to upload documents and other files. The team scoured the site from top to bottom to make sure each color, graphic, icon, and thumbnail conformed to all-new branding and color standards set forth by the TNI marketing department.

The result was a cutting edge, simple, comprehensive web site where TNI distributors and visitors alike can go for TNI news, events, media, and training. It has become the perfect place for everyone's Tahitian Noni needs.

  For more information about the site, please go to http://www.gononi.com.

  About the Company

Tahitian Noni International is a global, research-driven bioactive products company that was the first to introduce the health benefits of the noni plant--a bioactive-rich, adaptogenic plant, containing iridoid compounds--to the world outside of Tahiti. Tahitian Noni International is the leader in the discovery, development, manufacturing, and marketing of noni-based bioactive products. Tahitian Noni International has a presence in over 70 markets around the world, and is the worldwide leader in bioactive beverages.

  Contact:
  Andre Peterson
  Director, Public Relations
  (801) 234-1401
  andre_peterson@tni.com

Source: Tahitian Noni International
   

CONTACT:  Andre Peterson, Director, Public Relations of Tahitian Noni
International, +1-801-234-1401, andre_peterson@tni.com

Web Site:  http://www.tni.com/
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Verizon and IBM Launch Private Cloud-Based Managed Data Protection Solution

Poster: SySAdmin
Posted on March 31, 2010 at 6:07:01 AM
Verizon and IBM Launch Private Cloud-Based Managed Data Protection Solution

New Backup-as-a-Service Offering Helps Businesses Overcome Limitations of Transporting Backup Tapes by Trucks, Dramatically Reduces Risk of Lost Data

BASKING RIDGE, N.J. and ARMONK, N.Y., March 31 -- With businesses looking more closely than ever at the economics of cloud computing, Verizon and IBM have expanded their relationship to deliver Managed  Data Vault - a new private cloud service that provides secure, quick and reliable daily backups, and fast recovery of enterprise information.

Available from both companies, the new solution is designed to automatically transfer data from a client location to a specially designed off-site data center via Verizon's secure high-speed private network.  With Managed Data Vault, businesses can realize off-site data protection at on-site speeds while taking advantage of usage-based utility to meet data growth without limits.

Many companies today still transport their backup tapes by truck to an off-site location - a process that has proven to be a slow and unreliable approach to archiving - adding security concerns, time, complexity and cost to the data protection process.

"Through this exclusive relationship with IBM we are meeting a void in the online data protection market," said Kerry Bailey, chief marketing officer for Verizon Business.  "We know that enterprise clients struggle with how to efficiently back up and restore data securely while mitigating the inherent risks such as loss of data.  By working with IBM as part of our overall cloud strategy, we are bringing to market an innovative solution that will help our clients maintain the stability of their business."

Don DeMarco, IBM vice president of Business Continuity and Resiliency Services, said: "Managed Data Vault offers a broad array of enterprise data protection, not just for files, but for very large data stores and transactional data base content.  Today, enterprises have different ways to address specific scenarios.  Managed Data vault is a single, secure solution to help clients retrieve a file, restore a device, or recover from a serious outage emergency.  Working with Verizon, we are addressing the needs of enterprise users with large data footprints, whether it's 15, 50, 150 terabytes or even more."

According to industry experts, the global backup and restore market will grow by about 4 percent annually and is currently sized at nearly $3 billion.

Managed Data Vault Ideal for Discriminating Companies

Verizon and IBM will leverage each other's complementary capabilities to deliver the new solution.  Verizon will provide its suite of leading global private data network solutions along with data center expertise, IT consulting services and application-aware capabilities, which give visibility into utilization and latency. IBM will supply backup infrastructure and management capabilities, supported by its extensive information protection expertise and more than 40 years experience in business continuity and resiliency.

"Partnerships are truly strategic when each party brings a different value proposition to the table," said Melanie Posey, research director at IDC. "The combination of Verizon's secure networking expertise and data center capabilities and IBM's long history of providing electronic data management and protection solutions yields a unique end-to-end backup and recovery solution that is integrated with an enterprise's existing wide-area network environment and fully managed in the cloud."

Ideal for global enterprises with stringent security and performance requirements, Managed Data Vault is an excellent match for the financial, retail and health care services markets. The service is well-suited to a diverse mixture of applications, databases and operating system (OS) support services and comes complete with IT consulting services support to help organizations manage through this process.

This solution will initially be available to Verizon and IBM clients in the New York City metropolitan area.

Converged IP and IT Services Via a Cloud-Based Model

Verizon is leading the industry toward an "everything-as-a-service" (EaaS) model where cloud-based converged solutions are securely delivered through managed and professional services over the company's global IP network.  Verizon is assembling the key components of that unique and powerful approach to serving enterprises, and its new agreement with IBM is one more step in that evolution.  The EaaS platform - with Verizon's global IP network and data centers as its foundation -- will enable enterprises to do business better by getting what they need, when they need it, where they need it.

About IBM

For more information, visit http://www-935.ibm.com/services/us/index.wss/itservice/bcrs/a1000411.

About Verizon Business

Verizon Business, a unit of Verizon Communications (NYSE:VZ)(NASDAQ:VZ), is a global leader in communications and IT solutions. We combine professional expertise with one of the world's most connected IP networks to deliver award-winning communications, IT, information security and network solutions.  We securely connect today's extended enterprises of widespread and mobile customers, partners, suppliers and employees - enabling them to increase productivity and efficiency and help preserve the environment.  Many of the world's largest businesses and governments - including 96 percent of the Fortune 1000 and thousands of government agencies and educational institutions - rely on our professional and managed services and network technologies to accelerate their business. Find out more at http://www.verizonbusiness.com.

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

Source: Verizon
   

CONTACT:  Janet Brumfield, +1-614-723-1060, janet.brumfield@verizon.com;
or Clare Ward, +44-(0)-118-905-3501, clare.ward@uk.verizonbusiness.com; or
Junaidah Dahlan, +65-6248-6827, junaidah.dahlan@sg.verizonbusiness.com; or
Jennifer Knecht, IBM, +1-917-472-3607, knechtj@us.ibm.com

Web Site:  http://www.verizon.com/

Company News On-Call:  http://www.prnewswire.com/comp/094251.html
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Mobile TeleSystems Announces Financial Results for

Poster: SySAdmin
Posted on March 31, 2010 at 6:07:01 AM
the Fourth Quarter and Full Year Ended December 31, 2009
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Mobile TeleSystems Announces Financial Results for the Fourth Quarter and Full Year Ended December 31, 2009

MOSCOW, March 31, 2010--     Mobile TeleSystems OJSC ("MTS" - NYSE: MBT), the leading
telecommunications provider in Russia and the CIS, today announces its
unaudited US GAAP financial results for the three months and full year ended
December 31, 2009.

   
    Key Financial Highlights for the FY 2009[1]

    - Consolidated revenues up 3.8% q-o-q to $2,719 million and
      down 17.5% y-o-y to $9,824 million

    - Consolidated OIBDA[2] down 1.9% q-o-q to $1,193 million with 43.9%
      OIBDA margin and down 23.5% y-o-y to $4,474 million with 45.5% OIBDA
      margin

    - Consolidated net loss[3] of 26 million in Q4 2009 and a net
      income of $1,004 million for FY 2009

      - Quarterly net income impacted by a series of one-time and periodic
        charges, including the write off of $368 million in investments, most
        of which is attributable to the re-valuation of our investment in
        Svyazinvest held on the Comstar-UTS level, the charges of $86 million
        related to the write-off of obsolete equipment and expenses related
        to our acquisition of Comstar-UTS and higher non-cash tax provisions
        related to our anticipated upstreaming of dividends from our foreign
        subsidiary companies as their markets mature.

    - Free cash-flow[4] positive with $1,071 million for the full year 2009

    Key Corporate and Industry Highlights for the FY 2009

    - Acquisition of mobile retailers Telefon.Ru (February), Eldorado
      (April) and Teleforum (October) with 1,075 stores in total; signing of
      an agreement with a management team affiliated with Svyaznoy, the
      leading Russian mobile phone retailer, to oversee MTS' distribution
      network (March)

    - Placement of two ruble-denominated bonds worth RUB 15 billion each
      (May, July)

    - Placement of new syndicated loan facility to restructure $630 million
      loan (May, July); the loan has since been voluntarily repaid in
      advance in February 2010

    - Securing of financing from Sberbank through two loans in the amount of
      RUB 47 billion and RUB 12 billion (August-September)

    - Payment of annual dividends of RUB 20.15[5] per ordinary MTS share
      (approximately $2.96 per ADR[6]) for the 2008 fiscal year, amounting to
      a total of RUB 39.40 billion ($1,158.3 million) or approximately
      60%[7] of US GAAP net income

    - Launch of 3G in Armenia (April) and full 3G roll-out in Moscow
      (December)

    - Acquisition of a 50.91% stake in Comstar-UTS for 39.15 billion rubles
      ($1.32 billion)[8] or RUB 184.02 ($6.21) per Global Depositary Receipt
      (GDR) by a subsidiary of MTS in October; the Company increased its
      direct ownership of Comstar-UTS to 61.97%[9] through an exchange of
      shares.

    - Acquisition of a 100% stake in Eurotel (December), one of the leading
      federal transit operators in Russia, with an extensive optical fiber
      network of 19.5 thousand kilometers

    - Securing of vendor financing during the year for network development
      from various export credit agencies and financial institutions
      totaling $1,504.9 million and EUR 413 million

    - MTS continues to see sustained macroeconomic volatility in its markets
      of operations that may impact the financial and operational performance
      throughout the Group

    Commentary

    Remarked Mikhail Shamolin, President and Chief Executive Officer, "The
year 2009 has been a transformative year for MTS. As our markets were in
transition due to macroeconomic developments, we began to take a number of
steps to better change our organization to meet the challenges of our
evolving markets and realize the goals of our 3i Strategy. In the past year,
MTS has evolved to an integrated operator through our acquisitions of the
leading fixed-line operator, Comstar-UTS, and a leading transit operator,
Eurotel. We are realizing our strategic need for a strong proprietary network
of MTS-owned and operated distribution points, increasing our sales of
handsets and expanding our retail reach. We have launched the region's first
comprehensive online destination - Omlet.ru - for the latest in digital
media, an important step towards delivering the necessary content and
applications to our customers that will define usage in the coming years.

    "Despite the challenges we faced in 2009, MTS has delivered a strong set
of results that showed relative revenue growth to the market in each of our
core markets and business streams. Total cash flows from operations were
nearly $3.6 billion for 2009, underlying the health of the business despite
the macroeconomic uncertainty in our regions of operations.

    "Looking ahead, forecasted economic growth in Russia and the CIS could
translate into definitive improvements in our markets of operation. We
currently forecast mid to high single-digit revenue growth in local currency,
driven by increased usage among our fixed and mobile subscribers, as well as
the increased sale of handsets, in our key market in Russia. We expect Group
OIBDA margin to be in the range of 43-45% depending on competitive factors
and handset sales in our markets. And capital expenditures should fall within
the range of 22-24% of revenues, most of which will be spent expanding our 3G
and backbone networks in Russia and Central Asia."

    This press release provides a summary of some of the key financial and
operating indicators for the period ended December 31, 2009. For full
disclosure materials, please visit http://www.mtsgsm.com/resources/reports/.

    Learn more about MTS. Visit the official blog of the Investor Relations
Department at http://www.mtsgsm.com/blog/

    Mobile TeleSystems OJSC ("MTS") is the leading telecommunications group
in Russia, Eastern Europe and Central Asia, offering mobile and fixed voice,
broadband, pay TV as well as content and entertainment services in one of the
world's fastest growing regions. Including its subsidiaries, the Group
services over 97.76 million mobile subscribers in Russia, Ukraine,
Uzbekistan, Turkmenistan, Armenia and Belarus, a region that boasts a total
population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have
been listed on the New York Stock Exchange (ticker symbol MBT). Additional
information about the MTS Group can be found at http://www.mtsgsm.com.

    Some of the information in this press release may contain
projections or other forward-looking statements regarding future events or
the future financial performance of MTS, as defined in the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of 1995. You
can identify forward looking statements by terms such as "expect," "believe,"
"anticipate," "estimate," "intend," "will," "could," "may" or "might," and
the negative of such terms or other similar expressions. We wish to caution
you that these statements are only predictions and that actual events or
results may differ materially. We do not undertake or intend to update these
statements to reflect events and circumstances occurring after the date
hereof or to reflect the occurrence of unanticipated events. We refer you to
the documents MTS files from time to time with the U.S. Securities and
Exchange Commission, specifically the Company's most recent Form 20-F. These
documents contain and identify important factors, including those contained
in the section captioned "Risk Factors" that could cause the actual results
to differ materially from those contained in our projections or
forward-looking statements, including, among others, the severity and
duration of current economic and financial conditions, including volatility
in interest and exchange rates, commodity and equity prices and the value of
financial assets; the impact of Russian, U.S. and other foreign government
programs to restore liquidity and stimulate national and global economies,
our ability to maintain our current credit rating and the impact on our
funding costs and competitive position if we do not do so, strategic actions,
including acquisitions and dispositions and our success in integrating
acquired businesses, including Comstar-UTS, potential fluctuations in
quarterly results, our competitive environment, dependence on new service
development and tariff structures, rapid technological and market change,
acquisition strategy, risks associated with telecommunications
infrastructure, governmental regulation of the telecommunications industries
and other risks associated with operating in Russia and the CIS, volatility
of stock price, financial risk management and future growth subject to risks.

   
    ---------------------------------

    [1] Because Comstar-UTS was acquired from JSC Sistema, the majority owner
        of both MTS and Comstar, the acquisition was accounted for as a
        transaction between entities under common control. Similar to a
        pooling of interest, whereby the assets and liabilities of Comstar
        were recorded at Sistema's carrying value, MTS' historical financial
        information was recast to include the acquired entity for all periods
        presented. In addition, given the scale of the transaction, MTS has
        reallocated its headquarters' costs more equitably to its business
        units according to international practices.
    [2] See Attachment A for definitions and reconciliation of OIBDA and
        OIBDA margin to their most directly comparable US GAAP financial
        measures.
    [3] Attributable to the Group.
    [4] See Attachment B for reconciliation of free cash-flow to net cash
        provided by operating activity.
    [5] The dividend yield per share is 8.0%. No dividend was paid on the
        37,762,257 shares that were acquired by MTS as part of the mandatory
        buyback in September 2008.
    [6] According to the Russian Central Bank exchange rate of 34.0134
        RUB/USD as of March 31, 2009. The dividend amount is set in Russian
        rubles by the Board of Directors; U.S. dollar amounts provided for
        reference using the foreign exchange rates as of March 31, 2009.
    [7] Dividend payout ratio based on MTS only.
    [8] As transactions between Russian entities must be carried out in
        rubles, MTS hedged the final amount due on completion of the
        transaction with 50% of the sale price pegged at 31.9349
        rubles:dollar rate, while the balance has been calculated at 29.6090,
        the official rate of the Central Bank of Russia on the date of
        signing.
    [9] Through cross-holdings between Comstar-UTS, Svyazinvest and MGTS,
        MTS' effective stake is 65.19%.

   
    For further information, please contact in Moscow:

    Joshua B. Tulgan
    Director, Investor Relations
    Mob: +7-985-220-4208

    Department of Investor Relations
    Mobile TeleSystems OJSC
    Tel: +7-495-223-2025
    E-mail: ir@mts.ru

Source: Mobile TeleSystems OJSC

For further information, please contact in Moscow: Joshua B. Tulgan, Director, Investor Relations, Mob: +7-985-220-4208, Department of Investor Relations, Mobile TeleSystems OJSC, Tel: +7-495-223-2025, E-mail: ir@mts.ru

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Ceragon Networks'(R) First Quarter 2010 Financial

Poster: SySAdmin
Posted on March 31, 2010 at 6:07:01 AM
Results Scheduled for Release on April 26, 2010
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Ceragon Networks'(R) First Quarter 2010 Financial Results Scheduled for Release on April 26, 2010

TEL AVIV, Israel, March 31, 2010--     Ceragon Networks Ltd. (NASDAQ & TASE: CRNT), the provider of
high-capacity, LTE/4G-ready wireless backhaul networks, provides today
details of the conference call for first quarter 2010 financial results.
The Company plans to issue a press release announcing its results during
pre-market hours on Monday, April 26, 2010.


    A conference call will follow, beginning at 9:00 a.m. EDT. Investors are
invited to join the Company's teleconference by calling: (800)230-1092, or
international: +1-651-291-0561 at 8:50 a.m. EDT. The call-in lines will be
available on a first-come, first-serve basis.


    Investors can also listen to the call live via the Internet by accessing
Ceragon Networks' website at the investors' page:
http://www.ceragon.com/ir_events.asp?lang=0 selecting the webcast link,
and following the registration instructions.


    If you are unable to join us live, the replay numbers are: (800)475-6701
or International: +1-320-365-3844, Access Code: 152070


    A replay of both the call and the webcast will be available through May
26, 2010.


    About Ceragon Networks Ltd.


    Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) provides high capacity,
LTE/4G-ready wireless backhaul solutions that enable wireless service
providers to deliver voice and premium data services, such as Internet
browsing, music and video applications. Ceragon's wireless backhaul
solutions use microwave technology to transfer large amounts of network
traffic between base stations and the infrastructure at the core of the
mobile network. Ceragon designs solutions to provide fiber-like
connectivity for circuit-switched, or SONET/SDH, networks, next generation
Ethernet/Internet Protocol, or IP-based, networks, and hybrid networks
that combine circuit-switched and IP-based networks. Ceragon's solutions
support all wireless access technologies, including GSM, CDMA, EV-DO and
WiMAX. These solutions address wireless service providers' need to
cost-effectively build-out and scale their infrastructure to meet the
increasing demands placed on their networks by growing numbers of
subscribers and the increasing demand for premium data services. Ceragon
also provides its solutions to businesses and public institutions that
operate their own private communications networks. Ceragon's solutions are
deployed by more than 150 service providers of all sizes, as well as in
hundreds of private networks, in nearly 100 countries. More information is
available at http://www.ceragon.com


    Ceragon Networks(R), CeraView(R), FibeAir(R) and the FibeAir(R) design
mark are registered trademarks of Ceragon Network s Ltd., and Ceragon(TM),
PolyView(TM), ConfigAir(TM), CeraMon(TM), EtherAir(TM), QuickAir(TM),
QuickAir Partner Program(TM), QuickAir Partner Certification Program(TM),
QuickAir Partner Zone(TM), EncryptAir(TM) and Microwave Fiber(TM) are
trademarks of Ceragon Networks Ltd.


   
    Company and Investor Contact:
    Yoel Knoll
    Ceragon Networks Ltd.
    +972-3-766-6419
    yoelk@ceragon.com

Source: Ceragon Networks Ltd

Company and Investor Contact: Yoel Knoll, Ceragon Networks Ltd., +972-3-766-6419,  yoelk@ceragon.com

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ProVenue(R) Ticketing Platform from Tickets.com Triumphs in Primary and Secondary Market Ticketing at Vancouver 2010

Poster: SySAdmin
Posted on March 31, 2010 at 5:14:01 AM
ProVenue(R) Ticketing Platform from Tickets.com Triumphs in Primary and Secondary Market Ticketing at Vancouver 2010

Successful Fan-To-Fan Ticket Reselling Initiative was an Olympic First

COSTA MESA, Calif., March 31 -- Tickets.com--a leading global provider of integrated, high-performance ticketing solutions--employed its proprietary, web-based ProVenue Ticketing Management System to handle 100-percent of the ticketing for the Vancouver 2010 Olympic and Paralympic Winter Games. ProVenue efficiently and successfully facilitated all primary sales for Olympic and Paralympic events--and in December of 2009, Tickets.com also established the first-ever officially sanctioned secondary ticketing platform in Olympic history.

"Ticketing operations ran smoothly throughout the Games," said Caley Denton, Vice President, Ticketing and Consumer Marketing for the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC). "Tickets.com was an exceptional partner and the ProVenue Ticketing System was easy to understand and convenient to use. It served fans across Canada and around the world, handling extreme volume with no complications. We consider it a great success."

The fan-to-fan secondary ticket marketplace implemented in ProVenue for the Vancouver 2010 Olympic Games exceeded all sales expectations. The innovative platform allowed fans to post their tickets for resale or donate their tickets to charities and community organizations--It also had the functionality to provide sponsors the ability to consign available ticket inventory for resale at face value to Olympic fans. By making these transactions through the official and secure Vancouver 2010 ticketing website, all parties involved had the assurance that their tickets were genuine.

"We were pleased that the introduction of official secondary ticketing for the Games enjoyed such robust sales. Since this type of operation hadn't been done before at the Olympic level, we weren't sure what to forecast in terms of budget numbers, ticket price ceilings, or transaction volume," said Larry Witherspoon, Chief Executive Officer, Tickets.com. "The fact that we were able to rise to the challenge in handling the extraordinary demand is extremely gratifying and a major milestone for our ProVenue product."

The fan-to-fan marketplace enabled ticket holders and sponsors to sign into their Vancouver 2010 ticketing account and post their tickets for resale to other fans. Sellers could name their own price, and buyers benefited from a wide range of ticket options. The variety of ticketing options helped to ensure that venues were full of cheering spectators during the Games.

The Vancouver 2010 experience builds on a longstanding record of Olympic ticketing success for Tickets.com, including involvement with the Atlanta 1996 Summer Games, the Sydney 2000 Summer Games and the Salt Lake 2002 Winter Games. Tickets.com continues its support of the Olympic movement as an official supplier of the Canadian Olympic team through 2012.

About Tickets.com

Tickets.com is a leading provider of fully integrated event ticketing technologies, solutions, and services for thousands of top arts, entertainment, and sports organizations worldwide. Delivering the latest in ticketing technology, Tickets.com offers the advanced ProVenue® ticketing platform, which serves the core of a comprehensive web-based suite of integrated features, products, and services that help clients enhance ticket sales, marketing efforts, and overall customer experience. A privately held subsidiary of MLB Advanced Media, LP, since 2005, Tickets.com is headquartered in Costa Mesa, CA, and has regional offices across the U.S. and around the world. The company also sells tickets directly to consumers at http://www.tickets.com.

  Media Contact:
  Chaeli Walker
  Tickets.com
  Tel (714) 327-5492
  cwalker@tickets.com

Source: Tickets.com
   

CONTACT:  Chaeli Walker of Tickets.com, +1-714-327-5492,
cwalker@tickets.com

Web Site:  http://www.tickets.com/
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MeFeedia Launches HTML5 Video Advertising Tools

Poster: SySAdmin
Posted on March 31, 2010 at 5:07:01 AM
MeFeedia Launches HTML5 Video Advertising Tools

Monetize Web Video for the iPad and other HTML5-compliant Devices

BURBANK, Calif., March 31 -- Today, MeFeedia unveiled support for video advertising on HTML5 Video, the latest standard being used for next generation web browsers and devices such as the Apple iPad.

Powered by All Player(TM) (a patent-pending technology), the MeFeedia platform is the first to enable advertisers and site publishers to monetize this new HTML5 standard. Currently, the All Player(TM) platform powers over 50 million monthly video ads across web and mobile devices (including where flash is not supported).

"Advertisers need a consistent, easy way to monetize and measure their message - no matter what device, video player, or platform. That is what the All Player(TM) is about," states Frank Sinton, CEO of MeFeedia. "Adding support for HTML5 Video gives immediate access to serve video ads to new generation web browsers, including the iPad."

The All Player(TM) for HTML5 is the latest in a series of MeFeedia innovations that deliver consistent, high-quality video ads across any screen - including Web, Internet-connected TV platforms, and mobile devices.

Advertisers, site publishers and ad networks can try All Player(TM) with HTML5 Video support here:

http://www.mefeedianetwork.com/html5/
  Or sign up (starting today) for this new platform here:
  http://www.mefeedianetwork.com/contact/

  About MeFeedia

MeFeedia helps you to search, discover and stay updated with the latest videos from thousands of video sites. MeFeedia's combination of media technology and ad tools provide an easy way for people to engage with media online that interests them. MeFeedia is a privately held company based in Burbank, California. Find more at

http://www.mefeedia.com/
  For more about MeFeedia:
  http://www.mefeedia.com/about
  For more information on MeFeedia Network:
  http://www.mefeedianetwork.com/

Source: Mefeedia, Inc.
   

CONTACT:  Frank Sinton of Mefeedia, Inc., +1-310-927-7841,
frank@mefeedia.com

Web Site:  http://www.mefeedia.com/
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STMicroelectronics Demonstrates Complete System Solution for Laser Printers

Poster: SySAdmin
Posted on March 31, 2010 at 5:07:01 AM
STMicroelectronics Demonstrates Complete System Solution for Laser Printers

GENEVA, March 31 -- STMicroelectronics (NYSE:STM), a world leader in system-on-chip technology, today unveiled a complete system solution for laser-printer applications, based on the Company's SPEAr® embedded microprocessor technology. The working-prototype formatter board(1) comprises all hardware, firmware and software components, reducing development time and required resources for printer manufacturers.

ST's laser-printer controller board integrates the high-performance SPEAr600 device with two ARM9 cores, connectivity peripherals -- DDR2 memory, USB 2.0, Giga Ethernet -- and an FPGA (field-programmable gate array)(2). This is complemented with laser-printer specific IPs, firmware subsystems and a simplified user interface based on the Windows Software Development Kit.

The application-specific features include a laser video output and LVDS (Low Voltage Differential Signaling) buffers that directly drive the four-color laser beams, four direct memory-access channels for data management, and a serial interface that sends commands and receives status information from the laser engines.

Tested and benchmarked with best-in-class printers, ST's prototype board provides a complete system solution aimed at a wide application range, from entry-level single-function laser printers to mid-range and high-end multi-function models. Cutting costs, time-to-market and system know-how requirements, the ready-to-implement solution enables laser-printer manufacturers to build high-quality products with minimum development efforts.

Manufactured in state-of-the-art low-power 90nm and 65nm HCMOS (high-speed CMOS) process technologies, ST's SPEAr (Structured Processor Enhanced Architecture) embedded microprocessors provide high levels of computing power and connectivity, targeting embedded-control applications across market segments from computer peripherals and communication to industrial automation. Based on the latest ARM® core technology, the SPEAr devices enable equipment manufacturers to develop complex yet flexible digital engines at a fraction of the time and cost required by a full-custom design approach.

About STMicroelectronics

STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2009, the Company's net revenues were $8.51 billion. Further information on ST can be found at http://www.st.com.

(1) Formatter or controller board processes and formats data before printing inside a multifunction laser printer.

(2) Field-programmable gate array (FPGA) is an integrated circuit designed to be configured by the customer or designer after manufacturing.

Source: STMicroelectronics
   

CONTACT:  Michael Markowitz of STMicroelectronics, +1-781-591-0354,
michael.markowitz@st.com

Web Site:  http://www.st.com/
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ViewCast Reports 2009 Fourth Quarter Results

Poster: SySAdmin
Posted on March 31, 2010 at 5:07:01 AM
ViewCast Reports 2009 Fourth Quarter Results

PLANO, Texas, March 31 -- ViewCast Corporation (OTC Bulletin Board: VCST), a developer of industry-leading solutions for the transformation, management and delivery of digital media over IP and mobile networks, today reported its results for the fourth quarter and full year ended December 31, 2009.

Results for the fourth quarter included the return to positive sequential revenue growth, sales increases in all product categories over the 2009 third quarter, important product advancements and the continued establishment of key distribution partnerships in strategic global markets.

Fourth Quarter Financial Results

Revenues for the 2009 fourth quarter were $3.4 million compared to $4.3 million in the fourth quarter 2008, but sequentially up 16 percent from the 2009 third quarter sales of $3.0 million. Sales were down from the prior year period due to generally soft economic conditions that adversely affected all of the Company's global regions and channels as customers cancelled or delayed plans for business expansion or new media initiatives.

ViewCast President and Chief Executive Officer Dave Stoner said, "Our sales volume reversed its trend back to positive growth during the fourth quarter of 2009 and we expect that trend to continue for the 2010 year.  We can now see evidence of increases in sales of all product lines taking hold, as we have seen a greater than 30 percent increase in booked orders received in the first quarter of 2010 compared to the fourth quarter of 2009 providing us backlog into the second quarter. Although Q4 is typically a higher sales quarter than Q1, we expect sequential growth in the first quarter of 2010."

Gross profit was $2.2 million, or 63 percent of revenues, in the fourth quarter 2009, compared to $3.0 million, or 69 percent of revenues, in fourth quarter 2008.  The decline in gross profit percentage was principally due to a change in revenue mix with lower Osprey sales, a higher percentage of sales derived from OEM system products and additional revenue coming from licenses, support and professional services related to Ancept digital asset management customers.

Operating expenses for fourth quarter 2009 were $2.4 million, compared to $3.0 million for fourth quarter 2008.  The operating loss for the fourth quarter 2009 was $275,000, compared to operating loss of $2,100 for fourth quarter 2008.  Total operating expenses for the fourth quarter of 2009 declined by $223,000 from the third quarter of 2009 and by $516,000 from the fourth quarter of 2008 due to reductions in expenses and headcount initiated during the second quarter of 2009.  These second quarter actions along with other recent expense reductions saved the Company approximately $1.2 million over the second half of the year compared to the first half of 2009.

Net loss for fourth quarter 2009 was $301,000 compared to net loss of $42,000 in the fourth quarter of 2008. After preferred dividends, the fourth quarter 2009 net loss per share applicable to the common shareholders was $(0.01) per share on a fully diluted basis compared to net loss per share applicable to the common shareholders of $(0.01) per share on a fully diluted basis, in the fourth quarter of 2008.

EBITDA (earnings before interest, taxes, depreciation and amortization) for the 2009 fourth quarter was $(56,000), compared to $127,000 in the 2008 fourth quarter. EBITDA is a non-GAAP measure that ViewCast management believes can be helpful in assessing the Company's overall performance and considers as an indicator of operating efficiency and earnings quality. The Company suggests that EBITDA be viewed in conjunction with the Company's reported financial results or other financial information prepared in accordance with GAAP.

Highlights of the Quarter

Important operational progress made in the fourth quarter and subsequent weeks included:

  --  Initial customer shipment of the Niagara 7500 high definition encoder,
      supporting delivery of high definition content over broadband networks
      in Microsoft Windows Media and Adobe H.264 Flash formats.
  --  The release of Niagara SCX 6.1 Streaming Media Management Software,
      supporting H.264 Flash encoding across the Niagara product line.
  --  TVTI Video Technologies Inc. selection of ViewCast's award-winning
      Osprey® 700e HD video capture cards to underpin the company's video
      analytics solutions and services for professional sports teams.
  --  The selection by French-German cultural channel ARTE (Association
      Relative a la Television Europeenne) of the ViewCast Media Platform
      (VMp(TM)) to manage its growing media assets.
  --  Streaming Media magazine's 2009 Readers' Choice Awards in the Hardware
      Encoder (SD) category for the Niagara® Pro II.
  --  ViewCast further extended its presence in India by designating Rahul
      Commerce, a leading distributor of multimedia technology in India and
      previously a ViewCast reseller, as a master distributor of ViewCast
      solutions.

  Year-End Financial Results

Revenues for 2009 were $13.9 million compared to $17.4 million for 2008. Gross profit was $8.8 million, or 63 percent of revenues, in 2009, compared to $11.9 million, or 69 percent of revenues, in 2008.

Operating expenses for 2009 were $11.4 million, compared to $11.2 million for the year-earlier.  The operating loss for 2009 was $2.7 million, compared to operating income of $693,000 for the prior year.

Net loss for 2009 was $2.8 million compared to net income of $531,000 in 2008.  After preferred dividends, the net loss per share applicable to the common shareholders for 2009 was $(0.10) per share on a fully diluted basis compared to a net loss of $(0.01) for the prior year.

EBITDA for 2009 was $(1.9) million, compared to $1.2 million in 2008.

ViewCast President and Chief Executive Officer Dave Stoner said, "The fourth quarter marked an important milestone in the Company's recovery as the product development and marketing infrastructure advancements we made during the past 18 months began to bear fruit and as our key markets began to show an uptick.  We believe we are well positioned to return to regular quarterly growth and improving financial results. Our goal in the first part of 2010 is to further capitalize on positive trends as we launch new sales initiatives, introduce the product advancements necessary to stay ahead of the competition and seek new products and technologies to better utilize our distribution network."

CFO Laurie Latham said that the Company had working capital of $2.1 million at December 31, 2009, compared to $4.8 million at the end of 2008 and with increasing sales and lower expense levels entering 2010, expects to see growth in working capital assets supplemented by access to the Company's line of credit.

Conference Call Information

A conference call with management is scheduled today at 11:00 a.m. EDT to discuss the Company's financial results, business strategy and outlook. The call may be accessed by dialing 877-941-8416 five minutes prior to the scheduled start time and referencing ViewCast. Callers outside the United States may dial +1-480-629-9808 for access. In addition, a live audio webcast of the call will be available at http://www.viewcast.com/irconferencecall. An archive of the webcast will be available at the same web page beginning approximately 30 minutes after the end of the call.

About ViewCast Corporation

ViewCast's award-winning solutions simplify the complex workflows required for the Web-based streaming of news, sports, music and other video content to computers and mobile devices, empowering broadcasters, businesses and governments to easily and effectively reach and expand their audiences. With more than 350,000 video capture cards deployed globally, ViewCast sets the standard in the streaming media industry. ViewCast Niagara® streaming appliances, Osprey® video capture cards, and Niagara SCX® encoding and management software provide the highly reliable technology required to deliver the multi-platform experiences driving today's digital media market.

ViewCast, Niagara, Niagara SCX, and SimulStream are trademarks or registered trademarks of ViewCast Corporation or its subsidiaries. All other trademarks appearing herein are the property of their respective owners.

Safe Harbor Statement

Certain statements in this release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and reflect the Company's current outlook. Such statements apply to future events and are therefore subject to risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, changes in market and business conditions, demand for the Company's products and services, technological change, the ability of the Company to develop and market new products, increased competition, the ability of the Company to obtain and enforce its patent and avoid infringing other parties' patents, changes in government regulations and whether the acquisition of Ancept's assets is successfully integrated.  All written and verbal forward-looking statements attributable to ViewCast and any person acting on its behalf are expressly qualified in their entirety by the cautionary statements set forth herein. ViewCast does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date on which the forward-looking statements are made. For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the company's reports on Form 10-K and 10-Q on file with the U.S. Securities and Exchange Commission.

  ViewCast Contact:               
  ---------               
  Laurie L. Latham       
  Chief Financial Officer
  Tel: +1 (972) 488-7200 
                         
  PR Agency Contact:         
  ------------------         
  Jessie Glockner             
  Rainier Communications     
  Tel: +1 (508) 475-0025 x140
  E-mail:
  jglockner@rainierco.com

  Investor Contact:
  -----------------
  Matt Clawson
  Allen & Caron
  Tel: +1 (949) 474-4300
  E-mail: matt@allencaron.com
  ------------------------

                             Financial Tables Follow

                              VIEWCAST CORPORATION
                              OPERATING HIGHLIGHTS
                                   (Unaudited)

                     Three Months Ended           Twelve Months Ended
                        December 31,                 December 31,
                        ------------                 ------------
                      2009            2008         2009            2008
                      ----            ----         ----            ----

  Net sales     $3,445,366      $4,302,665  $13,905,860     $17,362,212

  Cost of
   sales         1,270,897       1,339,130    5,123,186       5,434,289
                 ---------       ---------    ---------       ---------

  Gross profit   2,174,469       2,963,535    8,782,674      11,927,923

  Total
   operating
   expenses      2,449,894       2,965,639   11,446,605      11,234,726
                 ---------       ---------   ----------      ----------

  Operating
   income
   (loss)         (275,425)         (2,104)  (2,663,931)        693,197

  Total other
   expense          43,818          39,572      154,190         150,692

  Income tax
   (benefit)
   expense         (17,774)              -      (17,774)         11,400
                   -------             ---      -------          ------

  Net income
   (loss)        $(301,469)       $(41,676) $(2,800,347)       $531,105
                 =========        ========  ===========        ========

  Preferred
   dividends       205,000         205,000      820,000         820,029
                   -------         -------      -------         -------

  Net loss
   applicable
   to common
   stockholders  $(506,469)      $(246,676) $(3,620,347)      $(288,924)
                 =========       =========  ===========       =========

  Net loss per
   common
   share:
    Basic and
     Diluted        $(0.01)         $(0.01)      $(0.10)         $(0.01)

  Weighted
   Average
   number of
   common
   shares
   outstanding:
    Basic and
     Diluted    35,853,831      32,150,171   35,171,107      32,110,458

                           RECONCILIATION OF NET INCOME TO EBITDA
                                        (Unaudited)

                        Three Months Ended          Twelve Months Ended
                           December 31,                 December 31,
                           ------------                 ------------
                         2009            2008         2009           2008
                         ----                         ----           ----

  Net income (loss) $(301,469)       $(41,676) $(2,800,347)      $531,105

  Depreciation and
   amortization       219,833         129,081      789,428        479,456

  Total other and
   income tax
   expense             26,044          39,572      136,416        162,092

  EBITDA             $(55,592)       $126,977  $(1,874,503)    $1,172,653
                     ========        ========  ===========     ==========

Source: ViewCast Corporation
   

CONTACT:  Laurie L. Latham, Chief Financial Officer of ViewCast
Corporation, +1-972-488-7200; or PR Agency, Jessie Glockner of Rainier
Communications, +1-508-475-0025, ext. 140, jglockner@rainierco.com; or
Investors, Matt Clawson of Allen & Caron, +1-949-474-4300,
matt@allencaron.com, both for ViewCast Corporation

Web Site:  http://www.viewcast.com/
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New Match.com Mobile Application Now Available for Android

Poster: SySAdmin
Posted on March 31, 2010 at 5:07:01 AM
New Match.com Mobile Application Now Available for Android

Match.com apps now available on all major smartphone platforms

DALLAS, March 31 -- Match.com, an operating business of IAC (NASDAQ:IACI), today announced its new mobile application for Android(TM) enabled devices, expanding its extensive mobile presence to include all major smartphones.  The Match.com application for Android follows up on the success of Match.com mobile apps developed for BlackBerry, Palm Pre/Pixi, iPhone(TM) and iPod touch users making it easier for singles to search for and view matches, wink at members, and access their favorite site features.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20030909/MATCH)

"Our goal is to continue to make it easier for our members to create meaningful relationships, wherever they are," said Greg Blatt, CEO of Match.com. "The launch of our Android app gives Match.com coverage across all major smartphone platforms on the market. No other dating site comes close to that coverage."

The Match.com Android application allows members to view their matches, their favorites, and members who have viewed their profile. The application also allows members to take and upload pictures directly to their Match.com profiles.

The new Match.com Android application is currently available in the U.S. and Canada and can be downloaded for free by visiting http://m.match.com/ on the Android Internet browser. For singles that do not have a smartphone, they can access Match.com on the go by visiting http://m.match.com/ on their mobile phone Internet browser.  For more information, please visit http://www.match.com/mobile.

About Match.com

Match.com pioneered online dating when it launched on the Web in 1995 and continues to lead this exciting and evolving category after more than a decade. Throughout its 15-year history, Match.com has helped millions of singles meet and fall in love. Match.com provides a rich tapestry of ethnicities, interests, goals, ambitions, quirks, looks and personalities from which to choose. Match.com operates some of the leading subscription-based online dating sites in 25 countries, in 8 languages and spanning five continents, as well as oversees its ongoing investment in Meetic. Match.com also powers online dating on MSN across Asia, Australia, the United States and Latin America. Match.com is an operating business of IAC.

*Android is a trademark of Google Inc. Use of this trademark is subject to Google Permissions.

Photo:  http://www.newscom.com/cgi-bin/prnh/20030909/MATCH
AP Archive:  http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Match.com
   

CONTACT:  Jaklin Kaden of Match.com, +1-214-576-9349,
jaklin.kaden@match.com

Web Site:  http://www.match.com/
http://m.match.com/
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Largest European Operators are Confident of Mobile

Poster: SySAdmin
Posted on March 31, 2010 at 2:21:01 AM
Advertising Potential
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Largest European Operators are Confident of Mobile Advertising Potential

SAINT-PETERSBURG, Russia, March 31, 2010--     The largest Eastern European mobile advertising conference,
Mobile Advertising Congress Bucharest, was held under the aegis of The
Marketer magazine and the Romanian branch of Vodafone Holdings at the end of
February. The event, which featured a varied program with a wide variety of
speakers from across the sector, focused heavily on geotargeting.

    What makes geotargeted broadcasting so appealing is the
opportunity to deliver advertising messages which take into account a
subscriber's preferences, location and time, which considerably increases the
value of obtained information. For an advertiser, the value of such a contact
is substantially higher, as opposed to traditional promotion tools.

    Conferees confirmed viability and potential of mobile
advertising in mature markets. For example, Marco Kind, Chief Marketing
Officer at Vodafone Romania, the most successful telco in this area in
Eastern Europe, reported that over 50% of subscribers had already subscribed
to mobile advertising services.

    Evgeniy Zubakov, Business Development Office Director at
Bercut Ltd., commented: "It is quite natural that market players show
interest in geotargeting as a source of extra income based on existing
technological and marketing resources. But when developing an interaction
scheme, it is important to take into account interests of all parties,
including a telco, a media agency and a direct advertiser, as well as market
trends and features of a specific operator. I am grateful to Vodafone for
giving us an opportunity to share our experience in this area in our speech
at the conference. We keep on developing the services based on geotargeting
in order to guarantee the stable growth in incomes from mobile advertising
for telcos."

    For more information about the conference:
http://www.mobilecongress.ro

    For more information about Bercut: http://www.bercut.com

    Contact: Natalia Penkina, head of marketing communications
department, +7-812-327-32-33 pr@bercut.com

Source: Bercut

Contact: Natalia Penkina, head of marketing communications department, +7-812-327-32-33 pr@bercut.com

-------
Profile: Tech
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AU Optronics Signs MOU with Toshiba Mobile Display to Acquire its Subsidiary in Singapore

Poster: SySAdmin
Posted on March 31, 2010 at 2:14:01 AM
AU Optronics Signs MOU with Toshiba Mobile Display to Acquire its Subsidiary in Singapore

HSINCHU, Taiwan, March 31 -- AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) announced today that AUO has signed an MOU with Toshiba Mobile Display Co., Ltd. ("TMD") to purchase 100% shares of AFPD Pte., Ltd. ("AFPD"), a subsidiary of TMD in Singapore and a leading manufacturer of LCD panels based on low temperature polysilicon (LTPS) technology.

Meanwhile, AUO and TMD intend to enter into certain agreements relating to each party's intellectual property rights. This acquisition, when it becomes effective, will hopefully help AUO to gain business opportunities in high-end notebook and smart phone market.

"AUO has devoted to developing LTPS technologies for a long time," AUO's CEO and President, Dr. L. J. Chen said, "With AFPD's fab, capacity, talents and technologies, AUO's competence in high-end display market is further strengthened.  In addition, the acquisition could help to place AUO in a special strategic position in slim notebook and smart phone for the high-end markets and new application markets such as tablet PC.  We expect AUO to soon provide value-added LTPS technologies to our customers and to the end consumers."

Having demonstrated numerous achievements in LTPS technologies, Toshiba Mobile Display has long held a leading position in the high end notebook display sector.  Currently, the world's latest generation fab capable of producing LTPS is G4.5.  The G4.5 fab of AFPD has a capacity of approximately 45,000 sheets per month.

The acquisition of AFPD in Singapore will allow AUO to establish a new operating manufacturing base in Asia in addition to Taiwan and China.  With its outstanding geographic location and logistics for resources, the new site will hopefully be able to serve the high-end display markets in South Asia, the Middle East, Australia and New Zealand.  In meeting the future trend for smart phones equipped with LTPS technologies, AUO will not only be a step faster but also be ready for better visibility and competitiveness in the high-end cell phone market.

The proposed transaction is subject to the signing of definitive agreements between AUO and TMD, as well as to any necessary approvals.

ABOUT AU OPTRONICS

AU Optronics Corp. (AUO) is a global leader of thin film transistor liquid crystal display panels (TFT-LCD). AUO is able to provide customers with a full range of panel sizes and comprehensive applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to greater than 65 inches. AUO generated NT$359.6 billion (US$11.3 billion) in sales revenue in 2009 and now houses a staff of more than 42,000 employees throughout its global operations in Taiwan, Mainland China, Japan, Singapore, South Korea, the U.S., and Europe. Additionally, AUO is the first pure TFT-LCD manufacturer to successfully list at the New York Stock Exchange (NYSE). AUO extended its market to green energy industry in the end of 2008, and formally founded The Solar Photovoltaic Business Unit in October, 2009. For more information, please visit AUO.com.

About Toshiba Mobile Display

Toshiba Mobile Display Co., Ltd. (TMD) is positioned as one of the world leaders in thin film transistor liquid crystal display panels (TFT-LCD) based on its advanced technology. TMD has based its strategy on furthering the development of leading-edge technology, such as precision mounting and high- resolution, as well as employing the design and production expertise. TMD offers TFT-LCD panels with high added-value, especially in the field of small and medium sized displays. TMD has strong positions for displays for mobile telephones, PDF, car navigation systems, notebook PCs, and other displays. TMD provides the most advanced display that has vivid, high-resolution, thin and energy-saving features based on the low temperature polysilicon technology. TMD generated 256 billion Japanese Yen in sales revenue in 2008 and houses a staff of 2,700 employees in 2009. For more information, please visit TMD's home page ( http://www.tmdisplay.com/ ).

Safe Harbour Notice

AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a global leader of large-size TFT-LCD panels, today announced the above news. Except for statements regarding historical matters, the statements contained in this Release are "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These forward-looking statements were based on our management's expectations, projections and beliefs at the time, regarding matters including, among other things, future revenues and costs, financial performance, technology changes, capacity, utilization rates, yields, process and geographical diversification, future expansion plans and business strategy. Such forward looking statements are subject to a number of known and unknown risks and uncertainties that can cause actual results to differ materially from those expressed or implied by such statements, including risks related to the flat panel display industry, the TFT-LCD market, acceptance and demand for our products, technological and development risks, competitive factors, and other risks described in the section entitled "Risk Factors" in our Form 20-F filed with the United States Securities and Exchange Commission on May 27th, 2009.

Source: AU Optronics Corp.
   

CONTACT: Freda Lee, +886-3-500-8800 x3206, Fax +886-3-577-2730,
freda.lee@auo.com, or Yawen Hsiao, +886-3-500-8800 x3211, Fax +886-3-577-2730,
yawen.hsiao@auo.com, both of AU Optronics Corp., Corporate Communications
Division

Web site:  http://www.auo.com/
http://www.tmdisplay.com/
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Singapore's Location-based Provider ShowNearby Releases First Business Intelligence Tool Using OneMap

Poster: SySAdmin
Posted on March 31, 2010 at 1:00:01 AM
Singapore's Location-based Provider ShowNearby Releases First Business Intelligence Tool Using OneMap

SINGAPORE, March 31 -- Singapore's location-based service provider, ShowNearby, launches its Analytics tool to provide business intelligence solutions for Singapore's private, people and public sectors. Using web 2.0 technologies and OneMap, ShowNearby Analytics packages geospatial content to provide businesses and individuals with location search, and assessment solutions. Public data from Singapore Department of Statistics forms the tool's underlying demographic input.

ShowNearby Analytics is also part of a Call-for-Collaboration by the Infocomm Development Authority of Singapore (IDA) to invite companies to propose innovative services for a pilot initiative known as i-Singapore. Through i-Singapore, IDA aims to catalyse the development of innovative services that will create new business opportunities, improve lifestyle choices and decision-making.

"ShowNearby is committed to provide location-based services and solutions for the community - business and individual users. It has always been our in- depth interest to integrate our innovative capabilities for location-based services," said Douglas Gan, ShowNearby's CEO and Founder.

"We believe our beta offerings will help users to obtain relevant data to solve their critical needs. Incorporating OneMap, ShowNearby Analytics is essentially a location-based, business intelligence tool which was developed as part of IDA's i-Singapore initiative to encourage greater use for geo- data," added Douglas.

This web-based tool provides intelligent, geo-spatial content from which the users gather online, and it allows business users to evaluate complementary and competing businesses especially for the education, food and beverage industries, and health industries. Business owners can rely on this analytical tool to monitor and evaluate nearby businesses, amenities, and demographics as well.

Business owners can use ShowNearby Analytics as a location search tool to plan and set up their next restaurants (including fast food chains), petrol stations, convenience stores, childcare branches, medical clinics, dental clinics, and nursing homes. Using the predefined filters, these users can scan neighborhoods or specific areas to survey existing businesses to determine competitiveness and compatibility, and plan subsequent business development efforts.

Users will also find the database of automated teller machines, and public transport stations (i.e., Mass Rapid Transit (MRT), and bus interchanges) critical to help them determine customer traffic flow. Such criteria or filters are designed to provide a comprehensive, layering search. Users can also rely on demographic input from Singapore's public data to understand breakdowns in terms of education, employment, population, and household income.

Home buyers use ShowNearby Analytics to scan neighbourhoods before making investment decisions. These users can preset their criteria or filters like bus stops, car parks, electronic road pricing (ERP) gantries, hospitals, hotels, MRT, police posts, and schools to generate a report for specific geo- location or see a list of recommended areas. In addition, this tool provides location accessibility details.

ShowNearby also offers customized solutions for businesses that aim to leverage on location-based intelligence technology to enhance customer experience, targeted marketing and location analysis.

About ShowNearby Pte Ltd

ShowNearby Pte Ltd (ShowNearby), positioned as the worldwide company to define prevalent location-based services and information, developed its name from its deep interest to show people what's nearby. From the friendly, fun, and outgoing concepts, the company facilitates the development of content to connect users.

ShowNearby serves to help consumers and businesses tap into its vast knowledge of location-based information, and suite of services. More details about ShowNearby Analytics and ShowNearby can be found on http://analytics.shownearby.com/ , and http://www.shownearby.com/press-room/ respectively.

  About OneMap
  For more information on OneMap, please go to http://www.onemap.sg/ .

  Media Contact:

   Caroline Yeung
   ShowNearby Pte Ltd
   Mobile: +65-8228-7319
   E-mail: c.yeung@shownearby.com

Source: ShowNearby Pte Ltd
   

CONTACT: Caroline Yeung of ShowNearby Pte Ltd ,+65-8228-7319 ,or
c.yeung@shownearby.com

Web site: http://analytics.shownearby.com/
http://www.shownearby.com/press-room
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March 30, 2010

Chrysler Group LLC Showcases Complete Collection of Infotainment Features in 'Connected' 2010 Dodge Grand Caravan at the New York International Auto Show

Poster: SySAdmin
Posted on March 30, 2010 at 11:21:01 PM
Chrysler Group LLC Showcases Complete Collection of Infotainment Features in 'Connected' 2010 Dodge Grand Caravan at the New York International Auto Show

NEW YORK, March 31 --   --  Connected Dodge Grand Caravan features intuitive, life-simplifying
      technology from Chrysler Group infotainment engineering
  --  Drivers can safely communicate, navigate and select entertainment
      options using advanced voice recognition controls
  --  Services from FLO TV(TM), SIRIUS | XM Satellite Radio and Uconnect®
      keep passengers entertained with live TV, surfing the web and online
      gaming
  --  Infotainment features work in harmony to safely keep consumers in
      control and in touch while on the road

A delight for the driver and passengers, Chrysler Group LLC is showcasing the company's available infotainment features on the 2010 Connected Dodge Grand Caravan at the 2010 New York International Auto Show. The technologies displayed in this connected minivan allow drivers to safely communicate, navigate and select entertainment options using advance voice recognition controls. At the same time, passengers can stay entertained with a multitude of features, including FLO TV(TM), SIRIUS Satellite Radio(TM), SIRIUS Backseat TV(TM) and Uconnect® Web.

"The 'Connected' Dodge Grand Caravan is not a concept or a prototype; every feature highlighted in the vehicle is available for order today," said Ralph Gilles, President and CEO - Dodge Car Brand and Senior Vice President - Design, Chrysler Group LLC. "For more than 25 years, the Dodge Grand Caravan has anticipated the needs of our customers and their families, and this connected minivan shows that we plan to stay on the cutting-edge."

The 'Connected' Dodge Grand Caravan is packed with all the latest in communication and entertainment technology. Chrysler Group offers a variety of infotainment options, providing customers with the ability to do more with the automobile than ever before.

"The 'Connected' Dodge Grand Caravan has something for everyone in the family, including a Wi-Fi hotspot, voice recognition and as many as 20 live television channels with FLO TV," said Marios Zenios, Head of Connectivity and Infotainment, Chrysler Group LLC. "With all of our available technology, customers are more likely to hear 'can you drive around the block one more time so I can finish my show?' rather than 'are we there yet?'"

The following available features and options are on display in the 2010 'Connected' Dodge Grand Caravan:

Voice Command

Voice Command enables the driver to place and receive calls hands-free using a Bluetooth enabled phone. This feature allows the driver to select radio stations, choose satellite radio channels, navigation destinations and record memos, hands-free and in control of the vehicle. Voice Command recognizes English, French and Spanish and is capable of learning words for inputting addresses.

Uconnect Media Center

The innovative Uconnect Media Center offers touch screen and voice command for convenient control of the multiple media sources and outputs. Owners can create a personalized in-vehicle media experience with iPod integration, auxiliary jack for MP3 player input, FLO TV, SIRIUS Satellite Radio and SIRIUS Backseat TV. The Media Center also includes a 30-gigabyte hard drive where music, photos and voice messages can be stored via a USB port interface. In addition to navigation software and mapping, the hard drive holds approximately 2,400 songs - more than 150 hours of music. Finally, for the driver who needs efficiency, a voice-memo recorder feature allows convenient reminders up to 3 minutes long.

FLO TV

Chrysler Group LLC is the first automaker in the United States to offer live mobile TV to consumers with the capacity for as many as 20 channels through FLO TV Auto Entertainment. The system offers something for everyone: college and professional sports, breaking news, children's shows, primetime sitcoms, reality TV and daytime dramas, including CBS Mobile, CNBC, Comedy Central, Fox News, MSNBC, MTV, NBC 2Go, Nickelodeon and more. FLO TV is available on Chrysler, Jeep®, Dodge and Ram vehicles as a Mopar® option. The Manufacturer's Suggested Retail Price (MSRP) for FLO TV Auto Entertainment is $629 plus installation and includes a one-year subscription.

Dual-Screen Rear Seat Entertainment and Swivel Screen

Already featuring the industry's most capable and sophisticated second- and third-row rear-seat entertainment system, the Chrysler Group enhances the feature with an exclusive swivel third-row screen to allow passengers facing to the rear of the vehicle, via Chrysler Group's Swivel 'n Go(TM) seating system, to view the screen. Chrysler's Vehicle Entertainment System includes dual DVD players and screens that deliver a variety of programming choices, with ports to connect games and media players with audio and/or video output capability, including iPods. The driver and front-seat passenger have the ability to access all video sources using Uconnect Media Center and each screen can play something different from a different source. The exclusive Chrysler Group third-row rear-seat swivel screen is available on the Chrysler Town & Country and Dodge Grand Caravan, while the Chrysler Group's Vehicle Entertainment System is available on the Chrysler 300, Sebring, Jeep Grand Cherokee, Commander and Dodge Charger, Journey, Avenger Nitro and Ram 1500.

SIRIUS XM Radio

SIRIUS satellite radio offers you more of what you love. Get more than 130 channels of commercial-free music, plus all your favorite sports, news, talk and entertainment. Hear every NFL game, every NASCAR® race, college sports and more. The biggest and most compelling names in talk with Howard Stern and Martha Stewart, laugh-out-loud comedy with Jamie Foxx's The Foxxhole and Blue Collar Comedy, plus kids' programming, world-class news, local traffic and weather. All of this with crystal clear, coast-to-coast coverage. Everything worth listening to is on SIRIUS XM. A one-year SIRIUS satellite radio subscription is included. SIRIUS is available on most Chrysler Group vehicles.

SIRIUS Backseat TV(TM)

SIRIUS Backseat TV offers Chrysler, Ram, Jeep and Dodge customers this pioneering service that delivers programming from the biggest names in family TV: Nickelodeon(TM), Disney Channel(TM) and Cartoon Network Mobile(TM) to the backseat of your vehicle 24/7. Your kids will always find new shows to watch. Keep life simple with SIRIUS Backseat TV. Your first year of SIRIUS Backseat TV programming is included. For added flexibility, rear-seat passengers may enjoy SIRIUS Backseat TV while front-seat occupants listen to SIRIUS satellite radio. The system may be operated from the rear-seat entertainment unit or the radio head unit. In addition, when the vehicle is in park, programming may be displayed on the Uconnect Media Center screen for front-seat viewing.

Uconnect Web

Uconnect Web provides high-speed data transfer and flexibility, combining Wi-Fi and 3G cellular connectivity for a new level of wireless technology. The system transforms the vehicle into a "hot spot" to deliver the Internet directly to the vehicle for instant access to Web sites, e-mail, personalized music, online gaming, photo albums and more. The Good Housekeeping Research Institute gave Uconnect Web a 2009 VIP (Very Innovative Product) Award. The U.S. MSRP for the router module is $499. Dealer installation is estimated at $35-50. Autonet Mobile offers wireless Internet account service at $29 a month, available in 12-, 24- and 36-month service plans. There is a one-time $35 service activation fee. Customer support assistance for hardware and service is available.

Uconnect Navigation

Uconnect Navigation combines the features of a Global Positioning System (GPS), points of interest, SIRIUS Traffic and Voice Command. Chrysler Group LLC's Voice Command and touch screen allow easy operation. If the vehicle is in motion, Voice Command will recognize three languages and is capable of learning words for inputting addresses. The robust Points of Interest database makes it easy to find nearby restaurants, shopping, hospitals or other local destinations. Also avoid traffic jams with SIRIUS Traffic. Uconnect Navigation offers customers reliable, seamless use of what has become a necessary technology.

Uconnect Phone

Uconnect Phone is an in-vehicle, voice-activated communication system that allows you to talk on your Bluetooth compatible phone with your hands on the wheel and eyes on the road. The built-in phonebook sync feature automatically downloads as many as 1,000 phone book entries from supported phones, which can then be selected by simply saying their name. The hands-free option promotes safety, freedom, value and flexibility.

About Chrysler Group LLC

Headquartered in Auburn Hills, Mich., Chrysler Group LLC's product lineup features some of the world's most recognizable vehicles, including the Chrysler 300, Jeep Wrangler and Ram Truck. Fiat will contribute world-class technology, platforms and powertrains for small- and medium-sized cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles.

  Follow Chrysler news and video on:
  Chrysler Connect blog: http://blog.chryslergroupllc.com/
  Twitter: http://www.twitter.com/chryslercom and http://www.twitter.com/chrysler
  YouTube: http://www.youtube.com/pentastarvideo
  Streetfire: http://members.streetfire.net/profile/ChryslerVideo.htm

Source: Chrysler Group LLC
   

CONTACT:  Nick Cappa, +1-248-512-4266 (office), +1-248-202-8039 (cell),
nickcappa@chrysler.com, or Kristin Starnes, +1-248-512-0889 (office),
+1-248-202-9906 (cell), kristin.starnes@chrysler.com, both of Chrysler Group
LLC

Web Site:  http://www.chrysler.com/
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AT&T's Portland Wireless Network Gets Presidential Treatment

Poster: SySAdmin
Posted on March 30, 2010 at 11:07:01 PM
AT&T's Portland Wireless Network Gets Presidential Treatment

Additional Capacity and Bandwidth Added to Cell Site Near Portland Expo Center in advance of President's April 1st Visit

PORTLAND, Maine, March 31 -- In anticipation of higher than average wireless usage, AT&T* is giving its Portland wireless network an extra boost in preparation for tomorrow's Presidential visit, adding bandwidth to increase cell site capacity in the area of the Portland Expo Center, where President Obama is scheduled to speak on Thursday.

By permanently adding additional radios and deploying state of the art software upgrades to the cell sites in the area around the Center, AT&T's wireless network is expected to be able to handle additional voice and data traffic for this historic event.

These additions build upon AT&T's overall wireless network 2010 investment plans in Maine, which call for more than 20 new cell sites and the upgrade of nearly 100 additional cell sites to 3G throughout the state this year.

Wireless data traffic on the AT&T network has grown more than 5,000 percent over the past three years, largely attributed to the increasing popularity of advanced smartphones and the performance of AT&T's 3G network, the nation's fastest.

AT&T recently completed a software upgrade at 3G cell sites nationwide that prepares the nation's fastest 3G network for even faster speeds. The deployment of High-Speed Packet Access (HSPA) 7.2 technology is the first of multiple initiatives in AT&T's network enhancement strategy designed to provide customers with an enhanced mobile broadband experience, both today and well into the future.  Faster 3G speeds are scheduled to become available this year and in 2011 as AT&T combines the new technology with the increased deployment of high-speed backhaul connections to cell sites, primarily with fiber-optic technology.

AT&T's 3G mobile broadband network is based on the 3rd Generation Partnership Project (3GPP) family of technologies that includes GSM and UMTS, the most open and widely used wireless network platforms in the world. AT&T has the best international coverage of any U.S. wireless provider, delivering voice service in over 220 countries and data service in more than 190 countries. AT&T also offers voice and data roaming coverage on 130 major cruise ships, as well as 3G services in 115 countries.

For more information about AT&T's wireless coverage in Maine or anywhere in the United States, consumers can go to http://www.wireless.att.com/coverageviewer/.  The online tool provides up-to-date wireless coverage information for specific locations. The tool can measure the quality of coverage based on a street address, intersection, ZIP code or even a landmark.

For updates on the AT&T wireless network, please visit http://www.att.com/networknews.

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

About AT&T

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

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

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

Source: AT&T Inc.
   

CONTACT:  Kate MacKinnon of AT&T Inc., +1-508-271-8442,
kate.mackinnon@att.com

Web Site:  http://www.att.com/
Tags PR Press Release
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