Merck Optimizes Compliance and IT Security Using CA Technologies Solutions
MORGES, Switzerland and DARMSTADT, Germany, January 26, 2011/PRNewswire/ --
- Single Sign-On and Security Automation Support Compliance and
Simplified IT Management
The pharmaceutical and chemical company Merck KGaA has opted for security
solutions developed by CA Technologies (NASDAQ: CA). The solutions help
simplify procedures associated with the adherence to compliance-related
policies while saving cost, optimizing identity and access management, and
simultaneously increasing system security - all of which further simplify IT
management.
Several thousand employees as well as numerous customers and business
partners require access to Merck's various IT systems. To ensure that no one
has their work impeded and that processes do not come to a standstill, access
must always be managed in real time. Given an existing heterogeneous IT
infrastructure, Merck chose to implement a company-wide Web Single Sign-On
solution combined with a centralized Identity and Access Management system.
They pave the way for expansion and adaptation to additional technologies
such as Role Management and SOA architectures. CA SiteMinder provides a
security infrastructure for companies whereby Merck can grant its customers
and business partners access to Web applications as well as Web sites - in a
secure and efficient manner.
The CA Technologies security solutions control access to systems and
applications across physical, virtual, and cloud environments.
In addition, CA Audit performs compliance verification and ensures
adherence to various compliance-related policies and legal regulations. CA
Role and Compliance Manager helps to efficiently identify roles, certify
authorizations automatically, and set up cross-system policies to ensure the
compliance of identities. These measures decrease costs associated with IT
operations and adherence to compliance directives.
About CA Technologies
CA Technologies (NASDAQ: CA) is an IT management software and solutions
company with expertise across all IT environments - from mainframe and
distributed, to virtual and cloud. CA Technologies manages and secures IT
environments and enables customers to deliver more flexible IT services. CA
Technologies innovative products and services provide the insight and control
essential for IT organizations to power business agility. The majority of the
Global Fortune 500 relies on CA Technologies to manage evolving IT
ecosystems. For additional information, visit CA Technologies at http://www.ca.com/.
Kornit Digital to Launch its New Kornit Avalanche 951 Printer at Communiquez Tex 2011 Event
ROSH-HA'AYIN, Israel, January 26, 2011/PRNewswire/ -- Kornit Digital, a leading-edge company that develops,
manufactures and markets high-speed industrial and commercial digital inkjet
printers, superior pigmented ink and unique chemistry solutions for the
textile industry, announced today the release of its new Kornit Avalanche 951
industrial Direct-To-Garment printer at Communiquez Tex 2011 Event in Lyon,
France on February 1-3.
The Kornit Avalanche 951 is a dual-pallet industrial digital
inkjet printer for mass production of light and dark garments. With an
extremely innovative and robust industrial platform, designed for printing
vast quantities in a high-level production environment, the Kornit Avalanche
951 is capable of printing at an impressive rate which ultimately reduces
costs by shorter turnaround times and production schedules. As a part of its
dual-bridge platform technology, specifically designed for industrial
production of extremely large quantities, the Kornit Avalanche 951 includes
12 print heads (8 CMYK + 4 White) and demonstrates an unparalleled ability to
generate four-color process prints at lightening speed.
Kornit continues to explore how to improve its solutions and make
them friendlier to the environment adapting to the green environmental
policies. The Kornit Avalanche 951 uses Kornit's new V323 ink series, which
is the first digital textile ink that is formaldehyde- free.
The Kornit Avalanche 951 features the largest printing area in
the marketplace (up to 23.5" x 35") and is ideal for XXL garments and cut
pieces. Like other Kornit models, the Avalanche 951 includes Kornit's PreT,
an integrated automatic, pre-treatment system. The PreT system eliminates the
need for a secondary operation or outsourcing, and allows capital savings on
equipment, labor, space & other operational utilities.
"We at Kornit are committed to constantly seeking to improve our
products and to adapt to the growing demands of the textile printing market.
With the Kornit Avalanche 951, Kornit Digital exclusively meets a growing
market need for fast turnaround, high profitability and low printing costs";
says Sarel Ashkenazi, VP Marketing & Business Development at Kornit Digital.
"We can now assist finished garment decorators to achieve their goals by
enabling faster, more profitable productions using the Kornit Avalanche 951".
About Kornit Digital
Kornit Digital is a dynamic, leading edge company that develops,
manufactures and markets state-of-the-art solutions for the textile industry.
Founded in 2003, Kornit Digital is a privately held and venture-backed
company with offices in the United States, Asia, Europe and Israel, that
operates a wide marketing and support network around the world. With a
globally installed base, Kornit Digital is dedicated to providing its
customers with cutting-edge solutions that assure high-quality, innovative
and profitable results.
Ricoh Europe Supports CIOs to Become Powerful Strategic Advisors
LONDON, January 26, 2011/PRNewswire/ -- Independent Pan-European focus groups reveal that CIO's now recognise the
need to manage information and documents more effectively, however
they remain unclear how to put it into practice.
Ricoh Europe (http://www.ricoh-europe.com/), specialist in office
solutions, managed document services and production printing today revealed
the findings from a series of focus groups conducted by leading global market
intelligence firm, IDC.The groups included more than 250 CIOs in nine
European markets(1). They discussed the challenges that CIOs face in managing
the increasing volume of information within their business today. IDC
predicts that by 2020 digital information will have grown by factor of 30,
yet the number of global IT professionals expected to manage it, will only
have grown by factor of 1.4(2).
The focus groups considered the most effective ways to transform business
information and business documents into a valuable asset for the company.
Centralising document management was listed alongside the need to further
maximise the benefits of Managed Document Services ( http://www.ricoh.com/mds/index.html) . The majority of participants agreed
that effective management of documents stored, shared and created internally
is a business priority but confessed to simply not having the time to begin
tackling the problem. According to IDC, an organization with 1000 knowledge
workers is losing $6 million annually, as employees search for; recreate and
reformat information(3).
The study also confirmed the results of Ricoh and IDC's quantitative
study launched in Europe in October 2010, "Managing Documents for Success in
the New Business Information Paradigm"(4)( http://mdsresearch.ricoh-europe.com/eu/) . Despite an understanding of the
benefits of managing information more efficiently, and the role Managed
Document Services can play, many senior IT professionals still underestimate
the benefits it can bring to their business. Benefits include cost reduction,
improved security, lower environmental impacts and increased productivity as
a result of streamlining access to critical information.
The majority of the CIO's within the focus groups agreed that the
successful implementation of Managed Document Services is dependent on the
combination of three key elements - Process, People and technology.
Successful deployment of the technology and the return on investment is
significantly increased by ensuring it is embedded into the heart of the
businesses processes, and its employees receive support to adopt any changes
introduced.
It was noted that a key area for improvement within organisations was to
increase the support required when changing internal processes, and helping
employees inside their organisations adapt to the changes. Many called for
senior management to lead by example in terms of managing the change process
internally.
As a result of the findings, Ricoh has created five guidelines for CIOs
to ensure they can more effectively manage information flow across all
business divisions into the future:
1) Ensure focus on people and analyse end user behaviour to
inform technology decision making
2) Effectively manage the change process so that investments are
protected and maximized
3) Focus on document process optimisation to drive the best return
on investment and speak the language of the Chief Financial Officer.
4) Work with suppliers that offer ongoing governance not just
'deploy and depart' - create true partnerships with vendors, a proper
business relationship that has a long term view of where the business
is going.
5) Implement best practice technology - it goes without saying that
the technology deployed is both robust, secure and innovation should
be driven by the customer.
David Mills, Executive Vice President, Operations, Ricoh Europe says,
"The know-how and the collective knowledge of employees, the conversations
that they have every day, the ideas that they generate and the information
that they create and share, is an organisations 'information capital'. It is
what differentiates a company and what ensures its ongoing growth in a
rapidly changing workplace. By considering our guidelines, CIOs will be
equipped to support their organisations into the future."
"Ricoh Managed Document Services goes beyond the traditional Managed
Print Services offerings to truly harness the power of Information Capital as
a central business asset. By supporting change management processes we
differentiate our offering and help CIOs to protect both the long and short
term return on investment. We will work with them to implement effective
business process improvement and support the change so that employees become
proficient with the new technologies and processes."
"With this approach we are actively committed to supporting the
transformation of CIOs into powerful and strategic advisors within their
business, able to drive innovation, inform strategic decision making and help
to grow the business."
---------------------------------
(1) Austria, Belgium, France, Germany, Italy, the Netherlands, Spain,
Switzerland, and the U.K./Ireland - October 2010
(2) The Digital Universe Decade - Are You Ready?, May 2010, An IDC
iView sponsored by EMC
(3) Source IDC : Hidden Costs of Information Work: A Progress Report,
IDC#217936, 2009
(4) 477 qualified respondents at a number of Europe's largest
organisations in Austria, Belgium, France, Germany, Italy, the Netherlands,
Spain, Switzerland and the UK/Ireland - October 2010
About Ricoh
Ricoh Company, Ltd ("Ricoh Company") is a global technology leader,
specialising in the office and production printing markets. Ricoh works with
organisations around the world to modernise work environments and optimise
document efficiency.
With over 108,500 employees worldwide, it operates in Europe, the
Americas, Asia Pacific, China and Japan. Ricoh Europe Holdings Plc is a
public limited company and the EMEA headquarters of Ricoh Company with
operations located in London, United Kingdom and Amstelveen, the Netherlands.
In the fiscal year ended 31 March 2010, revenues from Ricoh's EMEA operations
totalled over YEN 458.5 billion ($4.5 bn) Ricoh Company's worldwide sales
totalled over YEN 2,016 billion ($21bn) during the year ended 31 March 2010.
Established Web Hosting Provider Hosting 4 Less ReLaunches Website
The newly redesigned website offers new web hosting and ecommerce plans, as well as, corporate FTP Hosting, SSL Certificates and Code Signing.
CHATSWORTH, Calif., Jan. 26, 2011 /PRNewswire/ -- Web Services provider 4 Less Communications, Inc. has relaunched their Hosting 4 Less (http://www.hosting4less.com) website. The entire site has been revamped. In addition to its fresh new look, revised plans and specifications have been added to the company's offering of web hosting, ecommerce hosting, FTP and backup services. In addition, the full line of RapidSSL, GeoTrust and VeriSign SSL certificates are available for purchase. Thawte and VeriSign code signing certificates are also offered.
Hosting 4 Less provides all the tools and web space needed to build anything from a simple website or blog, all the way up to enterprise-level web applications without having to deal with a multitude of vendors.
Professional Grade Hosting at Competitive Prices:
The new Hosting 4 Less site's updated look was designed to simplify the process of selecting the right hosting plan for any business. Whether the site is a start-up online store or a complex web application (or anything in between), visitors can easily determine the best plan, the proper security products and get started immediately for a reasonable amount of money.
Real Honest Web Hosting:
Bucking the trend of many hosting companies, the new Hosting 4 Less website doesn't offer misleading "unlimited" hosting plans; opting instead to offer generous allotments of both storage space and bandwidth at very competitive prices.
If you are looking for a professional no nonsense company to host your website, then Hosting 4 Less is the right place. Our staff is comprised of dedicated professionals that are interested in your web hosting needs and have the experience and resources to meet and exceed all your hosting requirements.
About 4 Less Communications, Inc.
In business since 1998, 4 Less Communications, Inc. offers Website and Ecommerce Hosting, Online Backup, SSL Certificates, Code Signing, and Dial-Up Internet Access through their related companies. 4 Less Communications, Inc. was founded on the concept of offering the best Internet technologies with less stress, less confusion and for less money. 4 Less Communications, Inc. maintains its own data center and is proudly operated entirely in the United States.
Media Contact:
Dan Holtzman
Hosting 4 Less
888-818-0444
media@4lesscommunications.com http://www.hosting4less.com/
SOURCE 4 Less Communications, Inc.
4 Less Communications, Inc.
CONTACT: Dan Holtzman, Hosting 4 Less, 1-888-818-0444, media@4lesscommunications.com
1-Source Unveils New and Improved Electronic Components Website
PORT JEFFERSON STATION, N.Y., Jan. 26, 2011 /PRNewswire/ -- 1-Source Electronic Components, a leading distributor and supplier of electronic components, announced today the debut of their new and improved website, 1SourceComponents.com. The website not only features a beautiful new design, but more information, easier access to products, and improved site navigation.
The changes to their site are in keeping with 1-Source's strategy to continually improve and implement new technologies in order to stay useful and valuable to 1-Source customers, as well as maintain its position as one of the top selling and most popular independent distributors of electronic parts and components worldwide.
1-Source has been previewing the new site and inviting user feedback, which has been very positive and enthusiastic. "People are saying 'Wow! This is the most beautiful site in the industry,'" said Robert Lodato, Executive Vice President of 1-Source. "The site's changes aren't just about looks, however. There is more substance and depth to the site, with more information about the company and the products and services we provide."
1SourceComponents.com features a whole new "About Us" section with executive summaries, a staff directory, easy access to company financial information, company news, employment opportunities, and more.
The site's structural upgrades also include simpler navigation that makes it easier to find products and services that were harder to find on the old site, such as raw materials. "Electronic component distribution has always been our core, but many people are not aware that we also provide raw materials such as aircraft quality steel alloy tubing, and electronic manufacturing services such as contract manufacturing, engineering, and design," said Lodato.
"The new site is guaranteed to provide a more enjoyable and productive buying experience for customers," said Lodato, who directed the web redesign. "We're anticipating a significant increase in sales due to this new site. 1-Source's sales have increased every year for the last ten years, and we don't see that trend ending any time soon."
With over $1 billion of available inventory, 1-Source Electronic Components is a one-stop electronic component distributor and electronic component supplier for all board-level electronic, electric, and interconnect components, including passive electronic components and active components.
e-con Systems Announces Android Support for its Camera Daughter Boards
CHENNAI, India and ST LOUIS, January 26, 2011/PRNewswire/ -- e-con Systems announces its Android camera driver for its
e-CAM50_OMAP35x camera add-on board as it interfaces with OMAP evaluation
board housing OV5642 camera sensor. e-CAM50_OMAP35x connects to the high
speed CMOS sensor interface of the TI OMAP35x offering tremendous processing
power through the superscalar ARM Cortex-A8 core running at 600MHz. e-con has
developed a camera driver and integrated it to the camera subsystem of
Android offering a better picture quality and perfect lossless compression
involving best quality in the process of compression.
"By integrating our standard V4L2 Linux camera driver with Android Camera
HAL layer, e-con is proud to offer complete ready-to-use camera solution for
our Android customers", said Ashok Babu, President, e-con Systems. "This
allows our Android customers to use the default camera application of Android
as it is, and removes a significant amount of effort in developing custom
camera application using V4L2 APIs, thereby reducing the time-to-market", he
added.
Android's camera subsystem connects the camera application to the
application framework and user space libraries, which in turn communicate
with the camera hardware layer that operates the physical camera. By
integrating the e-con Linux camera driver onto Android, e-con has enabled
Android camera application to take advantage of the camera hardware and use
all the features of the camera application provided in FroYo Distribution.
About Android
Android was first released by Google in November 2007. Android
has much to offer for developers in embedded applications beyond phones.
Choosing Android as an OS for embedded devices will provide tens of millions
of handsets run essentially the same Android stack, allowing access to huge
pools of users finding bugs, and a large developer community dedicated to
fixing them.
Availability
e-CAM50_OMAP35x development kit is currently available and
customers who would want to evaluate the Android driver, can choose to buy
the e-CAM50_OMAP35x development kit from the website. More information
regarding the development kit is on e-con's website ( http://www.e-consystems.com/5MP_hdcamera_omap.asp).
About e-con Systems
e-con Systems, is an embedded product design and development company
offering services like Hardware Design, Firmware design / Embedded Software
development, Board Design and Software Integration in various product domains
with OS focus on Android, Linux, Windows Embedded CE and Windows Mobile.
For more information please contact:
sales@e-consystems.com
e-con Systems Inc., +1-314-732-1152
e-con Systems India Pvt. Ltd., +91-44-42033600
Website: http://www.e-consystems.com
Source: e-con Systems
For more information please contact: sales@e-consystems.com, e-con Systems Inc., +1-314-732-1152, e-con Systems India Pvt. Ltd., +91-44-42033600.
WISekey, a World Economic Forum Global Growth Company, Launches WISeID: a Unique Process for Personal Data Protection
DAVOS, Switzerland, January 26, 2011/PRNewswire/ -- At the World Economic Forum Annual Meeting in Davos, WISeKey, a World
Economic Forum Global Growth Company, launched its WISeID Personal Data
Protector, a unique application for the protection of personal data and
personal identifiable information (PII).
WISeID's main objective is to protect your PII, which can be used to
identify, contact or locate a person, or even trace them. The personal data
collected by WISeID always stays under the user's control on their mobile
phone. The PII is never communicated to third parties and never leaves the
user's control.
ID theft is the fastest growing crime, according to the Federal Trade
Commission (FTC). It occurs when intruders takes a piece of your personal
data and use it without your knowledge to commit fraud or theft. WISeID
protects your information from falling into the wrong hands, and can also
help users reduce the amount of spam or other unwanted marketing that they
receive.
WISeID previously hit the top 5 iPhone apps in its category in the USA
and is on its way to the top rank around the world. WISeID is still free, but
is now ad-supported.
The WISeID Personal Data Protector can be downloaded for iPhone, iPod
Touch and iPad from the App Store for free. It provides users with a secure
and easy to use encrypted place to store all their personal data, personal
identifiable information, usernames, passwords, PINs, credit cards, loyalty
cards, social security number, notes and more. The easy-to-use interface also
allows users to log on to websites quickly and securely from the application,
securing all data with the AES encryption algorithm a strong 256-bit key.
PeopleBrowsr Presents the Brand Champion Scorecard
1,000 Days of Conversations with Social Analytics Provides Unparalleled Benchmarking for Brands at the Digital Collective
SAN FRANCISCO, Jan. 26, 2011 /PRNewswire/ -- This week PeopleBrowsr, the social analytics and engagement company, unveiled the Brand Champion Scorecard at the Digital Collective, for companies to display the number of mentions taking place in their most influential communities on Twitter. PeopleBrowsr has built a data mine with 1,000 days of conversations indexed for marketers to search instantly, find brand mentions and build interest-based communities in real-time.
Created with ReSearch.ly's game-changing conversation technology, which provides access to nearly three years of data, allowing extensive capabilities in real-time search with viral analytics and sentiment analysis to find target communities, the Brand Champion Scorecard gives insights never before available. It represents how customers and brand advocates are related to each other based on interests and key words used in their Twitter bio profiles and visualizes data from 1,000 days of conversations.
"We believe this is the next evolution to allow brands to harness the social web and collective intelligence it brings to improve awareness, understanding and outreach with consumers," said Jodee Rich, CEO of PeopleBrowsr. "The Brand Champion Scorecard bridges the divide between information and actionable information, giving brands a resource and knowledge unlike any other."
PeopleBrowsr provided custom-tailored Brand Champion Scorecards to leading digital media executives at this week's TheDigitalCollective in Los Angeles. JeffreyHayzlett, former CMO of Kodak, best selling author and marketing expert, introduced the Brand Champion Scorecards to attendees.
"Marketing leaders know the power of the right information and the Brand Champion Scorecard gives them the right information and insights," said Hayzlett. "With every Tweet made available to PeopleBrowsr, companies also gain a time frame no one else can provide for giving social media discussions context."
The Digital Collective hosted C-Level execs from top global brands and agencies. Here's an example of a Brand Champion Scorecard created for Pepsi: bit.ly/BrandChampion.
For more information about the Brand Champion Scorecard, ReSearch.ly's release of 1,000 days of data, and PeopleBrowsr's vision for the future of conversation technology, please visit http://www.peoplebrowsr.com.
About Us
PeopleBrowsr is a high-tech social analytics company passionate about marketing, providing data mining, analytics, brand engagement and campaign services to top global brands and Advertising/PR agencies. Founded in 2007, PeopleBrowsr is a global industry leader in the social media revolution, building advanced conversation technology to assemble the collective intelligence. Discover, lead and connect with PeopleBrowsr today at @PeopleBrowsr and http://www.PeopleBrowsr.com with more about us available on SlideShare.
Contact: Jolene Loetscher jolene.loetscher@tallgrasspr.com
+1.605.310.2056
Jen Charlton jencharlton@peoplebrowsr.com
+1.917.405.7396
SOURCE PeopleBrowsr
PeopleBrowsr
CONTACT: Jolene Loetscher, +1-605-310-2056, jolene.loetscher@tallgrasspr.com, for PeopleBrowsr, or Jen Charlton of PeopleBrowsr, +1-917-405-7396, jencharlton@peoplebrowsr.com
Online Backup Company Adds Microsoft SharePoint Server Backup Capability to its Backup Features
CALABASAS, Calif., Jan. 25, 2011 /PRNewswire/ -- IBackup (http://www.ibackup.com), a leading online backup company, adds Microsoft SharePoint Server backup capability to its backup features.
IBackup for Windows now provides users with the ability to backup Microsoft SharePoint Server data to their IBackup account. It's a granular backup / restore function for Microsoft SharePoint Server and helps reduce costs, improves scalability and protects the data of the entire SharePoint Server. The online backup piece is easily configured through the graphical user interface and can be scheduled for future date and time.
"The ability to add Microsoft SharePoint Server backup capability was important to address online backup needs for small to medium sized enterprises, many of whom have had to rely on multiple services to do their regular file backups and database backups, but with IBackup's Microsoft SharePoint Server backup option, they now have a one stop option to do their online backups for the entire spectrum of data," says Raghu Kulkarni, CEO of Pro Softnet Corp.
Some features include granular backup of Microsoft SharePoint Server without interrupting running services, advanced scheduling options, email notifications, optional 256-bit proprietary encryption on storage and wire compression of data for optimal backup and restore times.
Backup Features
-- Backup an entire site collection / Web application
-- Backup a specific site inside a site collection including or excluding
content in sub sites
-- Backup a list or document libraries or even a folder inside a document
library
Restore Features
-- Restore site collections, individual sites, or individual documents,
lists, ASPX pages, templates, contacts in minutes
-- Restore SharePoint objects directly from a backup and avoids using a
SharePoint recovery farm or rebuilding your entire production database
-- Search and restore any documents and specific document versions
-- Perform granular restore without using a SharePoint recovery farm
IBackup (http://www.ibackup.com), a service of Pro Softnet Corp., is one of the leading services in the field of online backup and combined with IDrive (http://www.idrive.com) and RemotePC (http://www.remotepc.com) offers comprehensive remote backup and remote access solutions. IBackup has received many accolades among which the latest was the best of the bunch as rated by PC World magazine and has in the past been the PC Magazine editor's choice pick and the PC Pro award winner.
Lockheed Martin AMF JTRS Team Demonstrates Joint Tactical Radio Onboard AH-64D Apache Helicopter
Flight Demonstration on Airborne Platform Showcases AMF JTRS Technical Maturity
MESA, Ariz., Jan. 25, 2011 /PRNewswire/ -- A Joint Tactical Radio Internet-Protocol (IP) communications network has successfully transmitted data and video to ground-based radios from its first airborne platform. The Lockheed Martin (NYSE: LMT) Airborne & Maritime/Fixed Station Joint Tactical Radio System (AMF JTRS) team, with support from Boeing, conducted this significant test that provides a new capability to connect joint forces on the battlefield. This also marked the first airborne demonstration of AMF JTRS onboard the AH-64D Apache (Block III architecture) helicopter.
AMF JTRS will be a secure (NSA Type 1), software-programmable, multi-band/multi-mode, mobile ad-hoc network that will give joint U.S. forces simultaneous voice, data, and video communications. With its ability to reprogram and configure communications through a software-centric architecture, AMF provides an affordable forward and backwards compatible solution for the DoD.
"These early AMF JTRS integration activities onto the Apache Block III test platform validate the technical maturity of the system hardware and software," said Mark Norris, vice president for Joint Tactical Network Solutions with Lockheed Martin's IS&GS-Defense. "It underscores the critical role that AMF JTRS will play by providing IP networking, as well as the ability to dynamically use multiple waveforms as mission needs require and the ability to cross band and interconnect legacy systems."
During the demonstration at Boeing's Mesa, Ariz., facility, Lockheed Martin's team integrated an AMF JTRS Small Airborne Joint Tactical Radio enabled with the Wideband Networking Waveform (WNW) onto an Apache helicopter. Ground and aerial nodes interfaced in a dynamic joint tactical mobile ad hoc network using IP-based communications. AMF JTRS then transmitted live streaming video and real-time situation awareness data from the Apache's onboard infrared camera to multiple ground-based radios.
The Apache flight is part of an incremental approach that complements on-going lab-based testing to validate AMF JTRS hardware and software capability in an operationally-relevant environment. Lockheed Martin's AMF JTRS team plans to perform an extensive "live fly" exercise with multiple aircraft and ground nodes in 2011. The Lockheed Martin AMF JTRS team includes BAE Systems, General Dynamics, Northrop Grumman and Raytheon.
AMF JTRS will be integrated into airborne, shipboard, and fixed-station platforms. The radio network includes multiple configurations providing two-channel Small Airborne Joint Tactical Radio (for airborne) and four-channel Maritime/Fixed Station Joint Tactical Radio (for shipboard and fixed-station platforms). Over the program's lifetime, an expected 28 waveforms (new and legacy) will be incorporated into the AMF JTRS network.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 133,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2009 sales from continuing operations were $44.0 billion.
Building Engines and eSight Energy Partner to Provide Real Estate & Facilities Operators Integrated Energy Data Management, Tracking and Response Tools
BOSTON, Jan. 25, 2011 /PRNewswire/ -- Building Engines, provider of a web-based operations management solution for owners and managers of all property types, and eSight Energy, developer of an energy management software platform, today announced a partnership that enables real estate and facilities managers to measure, track, and act on energy data. Through integrated system monitoring, alerts and work flow tools, the partnership empowers owners to make fuel-saving adjustments, reduce areas of energy waste and reduce overall consumption.
Owners and managers can track usage and performance on all building energy systems, including electricity, natural gas, oil, HVAC and steam. The Building Engines/eSight software combination shepherds identified anomalies and out-of-threshold events through a coordinated work flow process, triggering multiple notifications and curative activities to immediately address and enforce energy savings.
"We are excited to bring a fresh and effective energy management toolset to the market," said David Osborn, CEO of Building Engines. "A wealth of energy tracking programs exists, yet they fail to close the loop and help clients to take effective action. This partnership makes energy data actionable.
The Building Engines/eSight Energy partnership addresses the three main challenges to energy management:
1. Collects meaningful, reliable, consistent, real time energy data,
2. Displays energy information with user-friendly visual representations,
through online and mobile reports
3. Alerts owners and managers to act on that data to correct energy
consumption issues at their source.
Janie Jefferies-Freer, VP of Sales of eSight Energy says, "This partnership enables users to respond in real-time to energy-related issues, incorporating it into their overall workflow and maintenance solution. The result is clear visibility into energy consumption and easy-to access, actionable tools to address the problems they identify."
Building Engines, Inc.
Building Engines is a web-based system providing owners and managers of all property types with a comprehensive solution for improving operations and workflow management. Founded in 2000 by an entrepreneurial team of building and facilities operations management professionals, Building Engines serves the needs of hundreds of millions of square feet of commercial, corporate, institutional and health care real estate in the United States, Canada and Europe. More information: http://www.buildingengines.com/
eSight Energy, Inc.
eSight Energyis the creator of eSight, a sophisticated and comprehensive energy management suite. Utilizing 100% web-enabled technology, eSight offers an extensive range of techniques for analyzing energy usage and targeting sites for significant energy cost savings. eSight monitors data from virtually any energy-related system including meters and loggers, building management and control systems, production data, and data from any utility type. Already in use worldwide, eSight is available in multiple languages and currencies. More information: http://www.eSightenergy.com/
Logo 72dpi: Send2PressNewswire.com/image/11-0125-bldengs_72dpi.jpg
C&R Research Launches ParentSpeak, a Shared Online Research Community
CHICAGO, Jan. 25, 2011 /PRNewswire/ -- C&R Research (http://www.crresearch.com) has launched a significant advance to market research online communities (MROCs) - a shared network called ParentSpeak (http://www.parentspeak.com).
"As a shared resource, ParentSpeak is available to any number of clients to more quickly, easily, and cost-effectively gain insights into behaviors, motivations and influences among parents and families today," said Brenda Hurley, Senior Vice President of C&R Research.
ParentSpeak brings together parents of children up to 18 years, engaging them to interact among themselves while also offering insights, through a variety of means, for client-sponsored research. It's expected to have a population base of 10,000 by the end of 2011's first quarter, with a goal of 20,000.
"Through ParentSpeak, we're providing a holistic view of, and easy access to, today's families - moms, dads, and, through our existing KidzEyes and TeensEyes panels, their kids, too," said Hurley.
Typically, most online research communities are created for a single business, and often, for a single, short-term research need. They also commonly recruit members from traditional research panels or only "best" customers. "We've taken care of the recruitment and management, eliminating clients' startup costs and facilitating their use of the social network as an exciting research tool," said Hurley.
Among the research capabilities afforded through ParentSpeak are online immersion and advisory sessions, including online chat sessions and focus groups, bulletin boards, exploratory surveys, photo and video journals, and voicemail shopalongs. Traditional quantitative research is enabled as well, such as concept evaluation, advertising testing, and web usability tests. Hybrid approaches, like interactive queries, can also be used.
"Another popular option is the ability to create advisory groups within a community, based on demographics, category behavior, or attitudes," said Hurley. "This opens the lines of communication and offers a valuable immediacy to the dialog being established."
For further information on ParentSpeak, contact Brenda at 312.828.9200, or brendah@crresearch.com.
Chicago-based C&R Research is one of the nation's largest, independent full-service research firms. Since 1959, it has provided custom-designed qualitative and quantitative research for a wide variety of business-to-business and business-to-consumer clients.
Media contact: Sally Saville Hodge, Hodge Media Strategies, 773.325.9282 or shodge@hodgemediastrategies.com.
SOURCE C&R Research
C&R Research
CONTACT: Sally Saville Hodge of Hodge Media Strategies, +1-773-325-9282, shodge@hodgemediastrategies.com, for C&R Research
Verizon Supports Rockefeller Public Safety Spectrum and Wireless Bill
WASHINGTON,Jan. 25, 2011/PRNewswire/ -- Sen. John D. (Jay) Rockefeller IV, D-W.Va., chairman of the Senate Commerce, Science and Transportation Committee, on Tuesday (Jan. 25) introduced the Public Safety Spectrum and Wireless Innovation Act (S. 28). The following statement should be attributed to Peter Davidson, Verizon senior vice president, federal government relations:
"This year marks the tenth anniversary of the events of 9/11, and as a nation we must work together to ensure that the year does not end without addressing the significant communications challenges of the public-safety community. Verizon applauds Chairman Rockefeller for his leadership in addressing this challenge, and we look forward to working with Congress to provide America's first responders with the resources they need to ensure effective, reliable communications now and in the future."
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
Verizon
CONTACT: Ed McFadden, +1-202-515-2441, edward.s.mcfadden@verizon.com
Amdocs' Enhanced Personalized Mobile Portal Selected by MetroPCS
Using Amdocs' managed services model, new MetroPCS portal goes live in just three months
ST. LOUIS, Jan. 25, 2011 /PRNewswire/ -- Amdocs (NYSE: DOX), the leading provider of customer experience systems, today announced that its Amdocs Personalized Portal has been deployed across the LTE (Long Term Evolution) network of leading wireless communications service provider MetroPCS Communications, Inc.
The new mobile portal (the home screen on a smartphone) provides an enhanced, dynamic and personalized user experience, allowing quick and easy access to relevant content based on a user's specific interests. The portal's home page is fully personalized, simple to configure, and provides easy access to social media applications such as Facebook and MySpace. It offers bilingual English and Spanish support and lets users set the level of detail they want to see on the home screen.
The portal project was developed by Amdocs in a managed services model, with Amdocs providing the portal software itself as well as the necessary ongoing support and maintenance.
MetroPCS has already deployed Amdocs CES products for convergent real-time charging, service control point, CRM, activation and provisioning to support its roaming and retail offerings under a six-year managed services agreement announced in 2008. More recently, Amdocs completed a five-month rollout of its systems to support the launch of MetroPCS' LTE operations.
Supporting Resources
-- Keep up with Amdocs news by visiting the company's website
-- Subscribe to Amdocs' RSS Feed and follow us on Twitter, Facebook and
LinkedIn
About Amdocs
Amdocs is the market leader in customer experience systems innovation. The company combines business and operational support systems, service delivery platforms, proven services, and deep industry expertise to enable service providers and their customers to do more in the connected world. Amdocs' offerings help service providers explore new business models, differentiate through personalized customer experiences, and streamline operations. A global company with revenue of approximately $3.0 billion in fiscal 2010, Amdocs has over 19,000 employees and serves customers in more than 60 countries worldwide. For more information, visit Amdocs at http://www.amdocs.com.
Amdocs' Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business segments it serves, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future, however the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2010, filed on December 7, 2010.
SOURCE Amdocs
Amdocs
CONTACT: Michael Zema, Weber Shandwick for Amdocs, +1-212-445-8181, mzema@webershandwick.com
CA Technologies Reports Third Quarter 2011 Results
ISLANDIA, N.Y., Jan. 25, 2011 /PRNewswire/ --
-- Revenue $1.165 Billion, Up 5 Percent in Constant Currency and Up 4
Percent as Reported
-- GAAP EPS $0.39, Down 17 Percent in Constant Currency and Down 20 Percent
as Reported
-- Non-GAAP EPS $0.51, Up 11 Percent in Constant Currency and as Reported
-- Raises Full Year Guidance for GAAP and non-GAAP EPS and Increases
Revenue Outlook
-- Announces Acquisition of Torokina Networks to Extend Reach in
Communication Service Providers (CSP) Market
CA Technologies (Nasdaq: CA) today reported financial results for its third quarter ended Dec. 31, 2010.
*Non-GAAP income and earnings per share are non-GAAP financial
measures, as noted in the discussion of non-GAAP results below. A
reconciliation of non-GAAP financial measures to their comparable
GAAP financial measures is included in the tables following this
news release.
**CC: Constant Currency
EXECUTIVE COMMENTARY
"CA Technologies delivered another strong quarter thanks to continued focus on execution and a leading portfolio of solutions to manage and secure IT infrastructures from the mainframe to cloud computing environments," said Chief Executive Officer Bill McCracken. "Over the past year, we have bolstered our product portfolio with the addition of new technologies from nine acquisitions and combined these acquired capabilities with our own development to provide customers with the solutions they need to help manage and secure their IT environments. This is driving our growth and establishing the base for growth going forward.
"As we head into the last two months of the fiscal year, we feel very good about where we are both from a strategic standpoint and our ability to reach our financial objectives," McCracken continued. "We continue to focus on accelerating new product sales, reaching new and emerging enterprise customers, penetrating growth geographies and leading the technology evolution - the evolution to virtualization and cloud computing. Finally, the current portion of revenue backlog, which is a key measure for our performance going forward, is up 4 percent, which further demonstrates the strength of our business."
THIRD QUARTER REVENUE AND BOOKINGS
Total revenue growth in the third quarter can be attributed to increased sales of the Company's service assurance, virtualization management and service automation, Software as a Service products and service and education offerings. About 3 percentage points of the revenue growth in constant currency was driven by organic products and services, with the remaining 2 percentage points in constant currency coming from acquisitions including products from 3Tera, Inc., Arcot Systems and Nimsoft, Inc. On an as reported basis, this revenue growth was about evenly split. About 60 percent of the Company's revenue came from North America, while 40 percent came from International operations.
-- Revenue was $1.165 billion, up 5 percent in constant currency and 4
percent as reported.
-- Total revenue backlog was $8.015 billion, up 2 percent in constant
currency and up 1 percent as reported. The current portion of revenue
backlog was $3.592 billion, up 4 percent in both constant currency and
as reported.
-- North America revenue was $697 million, up 7 percent in both constant
currency and as reported.
-- International revenue was $468 million, up 1 percent in constant
currency and down 1 percent as reported.
-- Total bookings in the third quarter were $1.281 billion, down 5 percent
in constant currency and down 6 percent as reported primarily due to a
decrease in license and maintenance renewal bookings. This decrease was
partially offset by positive results for total new product and capacity
sales for the quarter.
-- The Company signed 15 license agreements with aggregate values greater
than $10 million for a total of $456 million, compared to 16 agreements
for a total of $514 million in the third quarter of fiscal year 2010.
-- The weighted average duration of subscription and maintenance bookings
for the quarter was 3.20 years, compared to 3.23 years in the prior year
period.
-- North America bookings were $766 million, up 7 percent in constant
currency and up 8 percent as reported.
-- International bookings were $515 million, down 19 percent in constant
currency and 22 percent as reported.
THIRD QUARTER EXPENSES AND MARGIN
Year-over-year GAAP results:
-- Operating expenses, before interest and income taxes, were $827 million,
up 7 percent in constant currency and as reported.
-- Operating income, before interest and income taxes, was $338 million,
flat in constant currency and down 3 percent as reported.
-- Operating margin was 29 percent, down 2 percentage points from the prior
year period.
Expenses, operating income and operating margin for the third quarter primarily were affected by increased costs associated with acquisitions.
Year-over-year non-GAAP results, which exclude purchased software and intangibles amortization, pre-fiscal year 2010 restructuring costs and certain other gains and losses, which include recoveries and certain costs associated with derivative litigation matters, share-based compensation expense, and include gains and losses on hedges that mature within the quarter, but exclude gains and losses on hedges that do not mature within the quarter:
-- Operating expenses, before interest and income taxes, were $774 million,
up 7 percent in constant currency and up 6 percent as reported.
-- Operating income, before interest and income taxes, was $391 million, up
1 percent in constant currency and down 1 percent as reported.
-- Operating margin was 34 percent, a decrease of 1 percentage point.
Non-GAAP results also primarily were affected by the increased cost associated with acquisitions.
In the third quarter, GAAP earnings per share were affected by a 39 percent tax rate, compared with a 22 percent GAAP tax rate in the third quarter of the previous year. The current period GAAP tax rate was increased by unfavorable tax items and the prior period GAAP tax rate decreased by favorable tax items which are not expected to recur and that were unique to the respective periods. Such tax items affect the company's non-GAAP tax rate more evenly across the quarterly periods of its fiscal year than its GAAP tax rate. In the third quarter of fiscal 2011, non-GAAP EPS was positively affected by the year-over-year improvement in non-GAAP tax rate from 36 percent to 32 percent.
CASH FLOW FROM OPERATIONS
Cash flow from operations was $496 million compared to $342 million in the prior year. Third quarter cash flow was positively affected by a year-over-year increase of $78 million in upfront cash collections from single installment customer payments and an increase of $122 million in collections of trade receivables. Cash flow was adversely affected by increased disbursements related to acquisitions and personnel costs.
CAPITAL STRUCTURE
-- Cash, cash equivalents and marketable securities were $2.685 billion.
-- With $1.555 billion in total debt outstanding, the Company's net cash
position was $1.130 billion.
-- The Company repurchased approximately 1.5 million shares of stock in the
third quarter for a total of $35 million under the $500 million stock
repurchase program authorized by the Board of Directors in May 2010.
QUARTER HIGHLIGHTS
During the third quarter the Company:
-- Completed the acquisition of privately-held Arcot Systems, Inc. for
about $200 million in an all-cash transaction.
-- Announced the release of CA 3Tera® AppLogic®, the Company's new
turnkey cloud computing platform.
-- Announced the next-generation CA Automation Suite to help customers with
their journey to a virtualized, dynamic cloud computing infrastructure.
-- Completed the acquisition of privately-held Hyperformix, a leading
provider of capacity management software for dynamic physical, virtual
and cloud IT infrastructures. Terms of the transaction were not
disclosed.
-- Announced the availability of CA Mainframe Chorus, the next step in CA
Technologies Mainframe 2.0 strategy to simplify mainframe management,
and help the platform to continue to be an effective and integral part
of evolving IT infrastructures.
ACQUISITION OF TOROKINA NETWORKS
The Company today announced the acquisition of privately-held Torokina Networks Pty Ltd, a Sydney, Australia, based provider of telecommunications management solutions to 2G, 3G, next generation networks (NGN) and VoIP service providers and network operators worldwide. CA Technologies and Torokina Networks previously worked together as partners and independent vendors. Terms of the acquisition were not disclosed. A separate news release has been issued and can be found here.
OUTLOOK FOR FISCAL YEAR 2011
Beginning in the first quarter of fiscal year 2011 the Company has excluded share-based compensation expense from its non-GAAP financial measures. The following guidance, which represents "forward-looking statements" (as defined below), takes into account the exclusion of share-based compensation expense from future non-GAAP results. To enable fiscal year 2011 guidance for non-GAAP earnings per share to be compared to fiscal year 2010 full year results, the Company provides full fiscal year 2010 results for non-GAAP earnings per share excluding stock-based compensation expense below.
The Company updated its outlook issued on Oct. 21, 2010. It increased its revenue outlook, increased guidance for GAAP and non-GAAP earnings per share and reaffirmed its guidance for cash flow from operations. The Company also updated projected as reported numbers based on Dec. 31, 2010 exchange rates:
-- Total revenue growth in a range of 4 percent to 5 percent in constant
currency. Previously, the range was 3 percent to 5 percent. At Dec.
31, 2010 exchange rates, this translates to reported revenue of $4.48
billion to $4.55 billion;
-- GAAP diluted earnings per share from continuing operations growth in
constant currency increases to a range of 8 percent to 14 percent.
Previously, the range was 5 percent to 13 percent. At Dec. 31, 2010
exchange rates, this translates to diluted earnings per share of $1.57
to $1.67;
-- Non-GAAP diluted earnings per share from continuing operations growth in
constant currency increases to a range of 10 percent to 15 percent.
Previously the range was 7 percent to 14 percent. At Dec. 31, 2010
exchange rates, this translates to non-GAAP diluted earnings per share
of $1.88 to $1.98. Fiscal year 2010 non-GAAP diluted earnings per share
was $1.74 excluding share-based compensation expense; and
-- Cash flow from operations growth remains in a range of 2 percent to 7
percent in constant currency. At Dec. 31, 2010 exchange rates, this
translates to cash flow from operations of $1.400 billion to $1.475
billion.
This outlook also assumes no material acquisitions and a partial currency hedge of operating income. The Company expects its full-year GAAP and non-GAAP tax rate to be in a range of 32 percent to 33 percent. This lowers the previous guidance range of between 33 percent to 34 percent.
The Company anticipates approximately 504 million shares outstanding at fiscal year 2011 year-end and a weighted average diluted shares outstanding of approximately 508 million for the fiscal year. Guidance does not include the impact from any future stock repurchases.
Webcast
This news release and the accompanying tables should be read in conjunction with additional content that is available on the Company's website, including a supplemental financial package, as well as a webcast that the Company will host at 5 p.m. ET today to discuss its unaudited third quarter results. The webcast will be archived on the Company website. Individuals can access the webcast, as well as this press release and supplemental financial information, at http://ca.com/invest or listen to the call at 1-877-857-6161. The international participant number is 1-719-325-4753.
CA Technologies (Nasdaq: CA) is an IT management software and solutions company with expertise across all IT environments - from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at http://www.ca.com.
Follow CA Technologies
-- Twitter
-- Social Media Page
-- Press Releases
-- Podcasts
Non-GAAP Financial Measures (Update)
This news release, the accompanying tables and the additional content that is available on the Company's website, including a supplemental financial package, includes certain financial measures that exclude the impact of certain items and therefore have not been calculated in accordance with U.S. generally accepted accounting principles (GAAP). Non-GAAP metrics for operating expenses, operating income, operating margin, income from operations and diluted earnings per share exclude the following items: non-cash amortization of purchased software and other intangibles, share-based compensation, pre-fiscal year 2010 restructuring and certain other gains and losses, which includes recoveries and certain costs associated with derivative litigation matters and includes the gains and losses since inception of hedges that mature within the quarter, but exclude gains and losses of hedges that do not mature within the quarter. Non-GAAP income also excludes the interest on convertible bonds. The effective tax rate on GAAP and non-GAAP income from operations is the Company's provision for income taxes expressed as a percentage of pre-tax GAAP and non-GAAP income from operations, respectively. Such tax rates are determined based on an estimated effective full year tax rate, with the effective tax rate for GAAP generally including the impact of discrete items in the period such items arise and the effective tax rate for non-GAAP income generally allocating the impact of discrete items pro rata to the fiscal year's remaining reporting periods. Non-GAAP adjusted cash flow excludes restructuring and other payments. Free cash flow excludes capital expenditures. We present constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than US dollars are converted into US dollars at the exchange rate in effect on March 31, 2010, which was the last day of our prior fiscal year. Constant currency excludes the impacts from the Company's hedging program. The constant currency calculation for annualized subscription and maintenance bookings is calculated by dividing the subscription and maintenance bookings in constant currency by the weighted average subscription and maintenance duration in years. These non-GAAP financial measures may be different from non-GAAP financial measures used by other companies. Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. By excluding these items, non-GAAP financial measures facilitate management's internal comparisons to the Company's historical operating results and cash flows, to competitors' operating results and cash flows, and to estimates made by securities analysts. Management uses these non-GAAP financial measures internally to evaluate its performance and they are key variables in determining management incentive compensation. The Company believes these non-GAAP financial measures are useful to investors in allowing for greater transparency of supplemental information used by management in its financial and operational decision-making. In addition, the Company has historically reported similar non-GAAP financial measures to its investors and believes that the inclusion of comparative numbers provides consistency in its financial reporting. Investors are encouraged to review the reconciliation of the non-GAAP financial measures used in this news release to their most directly comparable GAAP financial measures, which are attached to this news release.
Certain statements in this communication (such as statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) constitute "forward-looking statements" that are based upon the beliefs of, and assumptions made by, the Company's management, as well as information currently available to management. These forward-looking statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the ability to achieve success in the Company's strategy by, among other things, increasing sales in new and emerging enterprises and markets, enabling the sales force to sell new products and Software-as-a-Service offerings and improving the Company's brand in the marketplace; global economic factors or political events beyond the Company's control; general economic conditions, including concerns regarding a global recession and credit constraints, or unfavorable economic conditions in a particular region, industry or business sector; failure to expand channel partner programs; the ability to adequately manage and evolve financial reporting and managerial systems and processes; the ability to successfully acquire technology and software that are consistent with our strategy and integrate acquired companies and products into existing businesses; competition in product and service offerings and pricing; the ability to retain and attract qualified key personnel; the ability to adapt to rapid technological and market changes; the ability of the Company's products to remain compatible with ever-changing operating environments; access to software licensed from third parties, third-party code and specifications for the development of code; use of software from open source code sources; discovery of errors in the Company's software and potential product liability claims; significant amounts of debt and possible future credit rating changes; the failure to protect the Company's intellectual property rights and source code; fluctuations in the number, terms and duration of our license agreements as well as the timing of orders from customers and channel partners; reliance upon large transactions with customers; risks associated with sales to government customers; breaches of the Company's software products and the Company's and customers' data centers and IT environments; access to third-party microcode; third-party claims of intellectual property infringement or royalty payments; fluctuations in foreign currencies; failure to successfully execute restructuring plans; successful outsourcing of various functions to third parties; potential tax liabilities; and these factors and the other factors described more fully in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Contacts: Dan Kaferle Kelsey Doherty
Public Relations Investor Relations
(631) 342-2111 (212) 415-6844
daniel.kaferle@ca.com kelsey.doherty@ca.com
Table 1
CA Technologies
Condensed Consolidated Statements of Operations
(in millions, except per share amounts)
(unaudited)
Three Months Ended Nine Months Ended
December 31, December 31,
------------ ------------
Revenue 2010 2009 2010 2009
---- ---- ---- ----
Subscription and
maintenance revenue $995 $995 $2,917 $2,905
Professional services 88 73 245 213
Software fees and other 82 54 204 115
Total revenue 1,165 1,122 3,366 3,233
----- ----- ----- -----
Expenses
Costs of licensing and
maintenance 82 73 233 211
Cost of professional
services 77 66 223 191
Amortization of capitalized
software costs 52 34 145 101
Selling and marketing 348 315 955 879
General and administrative 114 129 344 358
Product development and
enhancements 110 117 363 348
Depreciation and
amortization of other
intangible assets 47 39 136 116
Other expenses (gains), net 5 (3) 9 11
Restructuring and other (8) 2 (11) 4
Total expenses before
interest and income taxes 827 772 2,397 2,219
--- --- ----- -----
Income from continuing
operations before interest
and income taxes 338 350 969 1,014
Interest expense, net 10 23 35 62
--- --- --- ---
Income from continuing
operations before income
taxes 328 327 934 952
Income tax expense 128 71 289 283
INCOME FROM CONTINUING
OPERATIONS $200 $256 $645 $669
Income (loss) from
discontinued operations,
net of income taxes - 1 (6) 1
--- --- ---
NET INCOME $200 $257 $639 $670
==== ==== ==== ====
Basic income (loss) per
share
Income from continuing
operations $0.39 $0.49 $1.26 $1.28
Loss from discontinued
operations - - (0.01) -
Net Income $0.39 $0.49 $1.25 $1.28
===== ===== ===== =====
Basic weighted average
shares used in computation 505 515 507 516
Diluted income (loss) per
share
Income from continuing
operations $0.39 $0.49 $1.25 $1.27
Loss from discontinued
operations - - (0.01) -
--- --- ----- ---
Net Income $0.39 $0.49 $1.24 $1.27
===== ===== ===== =====
Diluted weighted average
shares used in computation 506 535 508 539
Certain balances have been revised to reflect the discontinued
operations associated with the sale of the Information Governance
business.
Table 2
CA Technologies
Condensed Consolidated Balance Sheets
(in millions)
(unaudited)
December
31, March 31,
2010 2010
---- ----
Cash and cash equivalents $2,518 $2,583
Marketable securities- current 59 -
Trade and installment accounts
receivable, net 866 931
Deferred income taxes - current 194 360
Other current assets 159 116
--- ---
Total current assets 3,796 3,990
Marketable securities - noncurrent 108 -
Installment accounts receivable,
due after one year, net - 46
Property and equipment, net 439 452
Goodwill 5,742 5,667
Capitalized software and other
intangible assets, net 1,299 1,150
Deferred income taxes - noncurrent 309 355
Other noncurrent assets, net 198 178
--- ---
Total assets $11,891 $11,838
======= =======
Current portion of long-term debt
and loans payable $16 $15
Deferred revenue (billed or
collected) -current 2,342 2,555
Deferred income taxes - current 53 51
Other current liabilities 802 967
--- ---
Total current liabilities 3,213 3,588
Long-term debt, net of current
portion 1,539 1,530
Deferred income taxes - noncurrent 143 134
Deferred revenue (billed or
collected) -noncurrent 995 1,068
Other noncurrent liabilities 536 535
--- ---
Total liabilities 6,426 6,855
----- -----
Common stock 59 59
Additional paid-in capital 3,598 3,657
Retained earnings 3,938 3,361
Accumulated other comprehensive
loss (79) (130)
Treasury stock (2,051) (1,964)
------ ------
Total stockholders' equity 5,465 4,983
----- -----
Total liabilities and stockholders'
equity $11,891 $11,838
======= =======
Table 3
CA Technologies
Condensed Consolidated Statements of Cash Flows
(in millions)
(unaudited)
Three Months Ended
December 31,
------------
2010 2009
---- ----
OPERATING ACTIVITIES:
Net income $200 $257
Adjustments to reconcile net income to
net cash provided by operating
activities:
Depreciation and amortization 99 74
Provision for deferred income taxes - (16)
Share based compensation expense 21 22
Amortization of discount on
convertible debt - 9
Asset impairments and other non-cash
activities 1 1
Foreign currency transaction gains 3 6
Changes in other operating assets and
liabilities, net of effect of
acquisitions:
Increase in trade and installment
accounts receivable, net (167) (177)
Increase in deferred revenue 209 51
Increase in taxes payable, net 142 110
Decrease in accounts payable, accrued
expenses and other (17) (26)
Increase in accrued salaries, wages
and commissions 20 42
Decrease in restructuring liabilities (12) (7)
Changes in other operating assets and
liabilities (3) (4)
NET CASH PROVIDED BY OPERATING
ACTIVITIES 496 342
--- ---
INVESTING ACTIVITIES:
Acquisitions, primarily businesses,
net of cash acquired,
and purchased software (224) (198)
Purchases of property and equipment (26) (15)
Cash proceeds from divestiture of
assets 3 -
Capitalized software development costs (43) (46)
Purchases of marketable securities (168) -
Other investing activities (1) (1)
NET CASH USED IN INVESTING ACTIVITIES (459) (260)
---- ----
FINANCING ACTIVITIES:
Dividends paid (20) (21)
Purchases of common stock (33) (45)
Debt repayments (2) (406)
Exercise of common stock options and
other 3 4
NET CASH USED IN FINANCING ACTIVITIES (52) (468)
--- ----
DECREASE IN CASH AND CASH EQUIVALENTS
BEFORE
EFFECT OF EXCHANGE RATE CHANGES ON
CASH (15) (386)
Effect of exchange rate changes on
cash 8 (15)
--- ---
DECREASE IN CASH AND CASH EQUIVALENTS (7) (401)
CASH AND CASH EQUIVALENTS AT BEGINNING
OF PERIOD 2,525 3,025
----- -----
CASH AND CASH EQUIVALENTS AT END OF
PERIOD $2,518 $2,624
====== ======
Table 4
CA Technologies
Constant Currency Summary
(in millions)
(unaudited)
Three Months Ended December 31,
-------------------------------
%
2010 2009 Increase % Increase
---- ---- --------- ----------
(Decrease)
(Decrease) in
---------- -----------
in $ US Constant
------- --------
Currency
(1)
---------
Bookings $1,281 $1,367 (6%) (5%)
Revenue:
North America $697 $650 7% 7%
International 468 472 (1%) 1%
--- --- ---- ---
Total revenue $1,165 $1,122 4% 5%
Revenue:
Subscription
and
maintenance $995 $995 0% 1%
Professional
services 88 73 21% 23%
Software fees
and other 82 54 52% 50%
--- --- --- ---
Total revenue $1,165 $1,122 4% 5%
Total
expenses
before
interest and
income
taxes:
Total Non-
GAAP (2) $774 $728 6% 7%
Total GAAP $827 $772 7% 7%
Nine Months Ended December 31,
------------------------------
%
2010 2009 Increase % Increase
---- ---- --------- ----------
(Decrease)
(Decrease) in
---------- -----------
in $ US Constant
------- --------
Currency
(1)
---------
Bookings $3,049 $3,493 (13%) (12%)
Revenue:
North America $2,038 $1,899 7% 7%
International 1,328 1,334 0% 1%
----- ----- --- ---
Total revenue $3,366 $3,233 4% 4%
Revenue:
Subscription
and
maintenance $2,917 $2,905 0% 1%
Professional
services 245 213 15% 16%
Software fees
and other 204 115 77% 74%
--- --- --- ---
Total revenue $3,366 $3,233 4% 4%
Total
expenses
before
interest and
income
taxes:
Total Non-
GAAP (2) $2,219 $2,059 8% 8%
Total GAAP $2,397 $2,219 8% 8%
(1) Constant currency information is presented to provide a
framework to assess how the underlying businesses performed
excluding the effect of foreign currency rate fluctuations. To
present this information, current and comparative prior period
results for entities reporting in currencies other than US dollars
are converted into US dollars at the exchange rate in effect on
March 31, 2010, which was the last day of fiscal year 2010.
Constant currency excludes the impacts from the Company's hedging
program.
(2) Refer to Table 6 for a reconciliation of total expenses before
interest and income taxes on a GAAP basis to total expenses before
interest and income taxes on a non-GAAP basis.
Certain balances have been revised to reflect the discontinued
operations associated with the sale of the Information Governance
business.
Certain non-material differences may arise versus actual from impact
of rounding.
Table 5
CA Technologies
Reconciliation of GAAP to non-GAAP Income from Continuing Operations
(in millions, except per share amounts)
(unaudited)
Three Months Ended
December 31, 2010
-----------------
GAAP Non-GAAP Non-GAAP
---- -------- --------
Adjustments
-----------
Total revenue 1,165 - 1,165
----- --- -----
Expenses
Costs of licensing and
maintenance(1) 82 1 81
Cost of professional
services(1) 77 1 76
Amortization of
capitalized software
costs(2) 52 23 29
Selling and marketing(1) 348 8 340
General and
administrative(1) 114 7 107
Product development and
enhancements(1) 110 4 106
Depreciation and
amortization of other
intangible assets(3) 47 18 29
Other expenses (gains),
net (4) 5 - 5
Restructuring and other
(5) (8) (9) 1
---
Total expenses before
interest and income taxes 827 53 774
--- --- ---
Income from continuing
operations before
interest and income taxes 338 (53) 391
Operating Margin (% of
revenue) 29% 34%
Interest expense, net 10 - 10
Interest on dilutive
convertible bonds(6) - - -
--- --- ---
Income from continuing
operations before income
taxes 328 (53) 381
Income tax expense(7)(8) 128 7 121
INCOME FROM CONTINUING
OPERATIONS(6) 200 (60) 260
=== === ===
Diluted income (loss) per
share
Income from continuing
operations(7)(8)(9) $0.39 $0.12 $0.51
===== ===== =====
Diluted weighted average
shares used in
computation(9) 506 506
Nine Months Ended
December 31, 2010
-----------------
Non-GAAP
GAAP Adjustments Non-GAAP
---- ------------ --------
Total revenue 3,366 - 3,366
----- --- -----
Expenses
Costs of licensing and
maintenance(1) 233 3 230
Cost of professional
services(1) 223 3 220
Amortization of
capitalized software
costs(2) 145 67 78
Selling and marketing(1) 955 23 932
General and
administrative(1) 344 17 327
Product development and
enhancements(1) 363 15 348
Depreciation and
amortization of other
intangible assets(3) 136 51 85
Other expenses (gains),
net (4) 9 7 2
Restructuring and other
(5) (11) (8) (3)
---
Total expenses before
interest and income taxes 2,397 178 2,219
----- --- -----
Income from continuing
operations before
interest and income taxes 969 (178) 1,147
Operating Margin (% of
revenue) 29% 34%
Interest expense, net 35 - 35
Interest on dilutive
convertible bonds(6) - - -
--- --- ---
Income from continuing
operations before income
taxes 934 (178) 1,112
Income tax expense(7)(8) 289 (77) 366
--- ---
INCOME FROM CONTINUING
OPERATIONS(6) 645 (101) 746
=== ==== ===
Diluted income (loss) per
share
Income from continuing
operations(7)(8)(9) $1.25 $0.20 $1.45
===== ===== =====
Diluted weighted average
shares used in
computation(9) 508 508
Three Months Ended
December 31, 2009
-----------------
GAAP Non-GAAP Non-GAAP
---- -------- --------
Adjustments
-----------
Total revenue 1,122 - 1,122
----- --- -----
Expenses
Costs of licensing and
maintenance(1) 73 - 73
Cost of professional
services(1) 66 1 65
Amortization of capitalized
software costs(2) 34 13 21
Selling and marketing(1) 315 8 307
General and
administrative(1) 129 7 122
Product development and
enhancements(1) 117 6 111
Depreciation and
amortization of other
intangible assets(3) 39 13 26
Other expenses (gains), net
(4) (3) (6) 3
Restructuring and other (5) 2 2 -
---
Total expenses before
interest and income taxes 772 44 728
--- --- ---
Income from continuing
operations before interest
and income taxes 350 (44) 394
Operating Margin (% of
revenue) 31% 35%
Interest expense, net 23 - 23
Interest on dilutive
convertible bonds(6) - 11 (11)
--- --- ---
Income from continuing
operations before income
taxes 327 (55) 382
Income tax expense(7)(8) 71 (65) 136
INCOME FROM CONTINUING
OPERATIONS(6) 256 10 246
=== === ===
Diluted income (loss) per
share
Income from continuing
operations(7)(8)(9) $0.49 $(0.03) $0.46
===== ====== =====
Diluted weighted average
shares used in
computation(9) 535 535
Nine Months Ended
December 31, 2009
-----------------
Non-GAAP
GAAP Adjustments Non-GAAP
---- ------------ --------
Total revenue 3,233 - 3,233
----- --- -----
Expenses
Costs of licensing and
maintenance(1) 211 2 209
Cost of professional
services(1) 191 2 189
Amortization of capitalized
software costs(2) 101 39 62
Selling and marketing(1) 879 25 854
General and
administrative(1) 358 29 329
Product development and
enhancements(1) 348 17 331
Depreciation and
amortization of other
intangible assets(3) 116 39 77
Other expenses (gains), net
(4) 11 3 8
Restructuring and other (5) 4 4 -
---
Total expenses before
interest and income taxes 2,219 160 2,059
----- --- -----
Income from continuing
operations before interest
and income taxes 1,014 (160) 1,174
Operating Margin (% of
revenue) 31% 36%
Interest expense, net 62 - 62
Interest on dilutive
convertible bonds(6) - 35 (35)
--- --- ---
Income from continuing
operations before income
taxes 952 (195) 1,147
Income tax expense(7)(8) 283 (124) 407
--- ---- ---
INCOME FROM CONTINUING
OPERATIONS(6) 669 (71) 740
=== === ===
Diluted income (loss) per
share
Income from continuing
operations(7)(8)(9) $1.27 $0.09 $1.36
===== ===== =====
Diluted weighted average
shares used in
computation(9) 539 539
(1) Non-GAAP adjustment consists of Share-based Compensation
(2) Non-GAAP adjustment consists of Purchased Software Amortization
(3) Non-GAAP adjustment consists of Intangibles Amortization
(4) Consists of gains and losses since inception of hedges that
mature within the quarter, but exclude gains and losses of hedges
that do not mature within the quarter.
(5) Non-GAAP adjustment excludes $3 of benefit related to the
Fiscal 2010 restructuring plan for the nine months ended December
31, 2010 and includes $9M net gain from one-time stockholder
derivative litigation settlements during the three months ended
December 31, 2010.
(6) Non-GAAP income from continuing operations and the number of
shares used in the computation of non-GAAP diluted EPS from
continuing operations have been adjusted to reflect the dilutive
impact of the Company's 1.625% Convertible Senior Notes and stock
awards outstanding for the three and nine months ended December 31,
2009.
(7) The effective tax rate on non-GAAP income from continuing
operations is the Company's provision for income taxes expressed as
a percentage of non-GAAP income from continuing operations before
income taxes. Such tax rates are determined based on an estimated
effective full year tax rate after the adjustments for the impacts
of certain discrete items (such as changes in tax rates,
reconciliations of tax returns to tax provisions and resolutions of
tax contingencies).
(8) Includes an income tax benefit related to share based
compensation of $7M and $20M for the three and nine months ended
December 31, 2010, respectively, and $8M and $26M for the three and
nine months ended December 31, 2009, respectively.
(9) The calculation of the non-GAAP diluted EPS from continuing
operations includes certain adjustments required by ASC 260-10-45
which treats certain stock awards as participating securities for
the computation of earnings per share. As a result, non-GAAP
diluted EPS from continuing operations may not equal the non-GAAP
income from continuing operations divided by the diluted weighted
average shares.
Refer to the discussion of non-GAAP financial measures included in
the accompanying press release for additional information.
Certain balances have been revised to reflect the discontinued
operations associated with the sale of the Information Governance
business.
Certain non-material differences may arise versus actual from impact
of rounding.
Table 6
CA Technologies
Reconciliation of GAAP to Non-GAAP
Operating Expenses and Diluted Earnings per Share
(in millions, except per share amounts)
(unaudited)
Three Months Ended Nine Months Ended
December 31, December 31,
------------ ------------
Operating Expenses 2010 2009 2010 2009
------------------ ---- ---- ---- ----
Total expenses
before interest
and income taxes $827 $772 $2,397 $2,219
(1) Consists of gains and losses since inception of hedges that
mature within the quarter, but exclude gains and losses of hedges
that do not mature within the quarter.
(2) The effective tax rate on non-GAAP income from continuing
operations is the Company's provision for income taxes expressed as
a percentage of non-GAAP income from continuing operations before
income taxes. Such tax rates are determined based on an estimated
effective full year tax rate after the adjustments for the impacts
of certain discrete items (such as changes in tax rates,
reconciliations of tax returns to tax provisions and resolutions of
tax contingencies).
Refer to the discussion of Non-GAAP financial measures included in
the accompanying press release for additional information.
Certain balances have been revised to reflect the discontinued
operations associated with the sale of the Information Governance
business.
Certain non-material differences may arise versus actual from impact
of rounding.
Table 7
CA Technologies
Effective Tax Rate Reconciliation
GAAP and Non-GAAP
(in millions)
(unaudited)
Three Months Ended Nine Months Ended
December 31, 2010 December 31, 2010
----------------- -----------------
GAAP Non-GAAP GAAP Non-GAAP
---- -------- ---- --------
Income from
continuing
operations before
income taxes (1) $328 $381 $934 $1,112
Statutory tax rate 35% 35% 35% 35%
Tax at statutory
rate 115 133 327 389
Adjustments for
discrete and
permanent items
(2) 13 (12) (38) (23)
--- --- --- ---
Total tax expense $128 $121 $289 $366
Effective tax rate
(3) 39.0% 31.7% 30.9% 32.9%
Three Months Ended Nine Months Ended
December 31, 2009 December 31, 2009
----------------- -----------------
GAAP Non-GAAP GAAP Non-GAAP
---- -------- ---- --------
Income from
continuing
operations before
income taxes (1) $327 $382 $952 $1,147
Statutory tax rate 35% 35% 35% 35%
Tax at statutory
rate 114 134 333 401
Adjustments for
discrete and
permanent items
(2) (43) 2 (50) 6
--- --- --- ---
Total tax expense $71 $136 $283 $407
Effective tax rate
(3) 21.7% 35.6% 29.7% 35.5%
(1) Refer to Table 5 for a reconciliation of income from continuing
operations before income taxes on a GAAP basis to income from
continuing operations before income taxes on a non-GAAP basis.
(2) The effective tax rate for GAAP generally includes the impact of
discrete and permanent items in the period such items arise, whereas
the effective tax rate for non-GAAP generally allocates the impact
of such items pro rata to the fiscal year's remaining reporting
periods.
(3) The effective tax rate on GAAP and non-GAAP income from
continuing operations is the Company's provision for income taxes
expressed as a percentage of GAAP and non-GAAP income from
continuing operations before income taxes, respectively. Such tax
rates are determined based on an estimated effective full year tax
rate after the adjustments for the impacts of certain discrete items
(such as changes in tax rates, reconciliations of tax returns to tax
provisions and resolutions of tax contingencies).
Refer to the discussion of non-GAAP financial measures included in
the accompanying press release for additional information.
Certain non-material differences may arise versus actual from impact
of rounding.
Table 8
CA Technologies
Reconciliation of GAAP Earnings per Share to
Non-GAAP Earnings per Share
(unaudited)
Fiscal Year Ending
Projected Diluted EPS from
Continuing Operations March 31, 2011
-------------------------- --------------
Projected GAAP Diluted EPS From
Continuing Operations Range $1.57 to $1.67
Non-GAAP Adjustments, Net of
Taxes:
Purchased Software and
Intangibles Amortization 0.21 0.21
Share-based Compensation 0.11 0.11
Restructuring and Other (0.01) (0.01)
----- -----
Non-GAAP Projected Diluted EPS
From Continuing Operations Range $1.88 to $1.98
===== =====
Fiscal Year
Ended
Diluted EPS from Continuing March 31,
Operations 2010
--------------------------- ----------
GAAP diluted EPS from continuing
operations $1.47
Non-GAAP adjustments, net of
taxes
Purchased software and
intangibles amortization 0.14
Share-based compensation 0.13
----
Non-GAAP diluted EPS from
continuing operations $1.74
=====
Refer to the discussion of non-GAAP financial measures included in
the accompanying press release for additional information.
Certain balances have been revised to reflect the discontinued
operations associated with the sale of the Information Governance
business.
Certain non-material differences may arise versus actual from impact
of rounding.
Table 9
CA Technologies
Allocation of Share-based Compensation
(in millions)
(unaudited)
Three Months Ended Nine Months Ended
December 31, December 31,
------------ ------------
2010 2009 2010 2009
---- ---- ---- ----
Costs of licensing
and maintenance $1 $- $3 $2
Costs of
professional
services 1 1 3 2
Selling and
marketing 8 8 23 25
General and
administrative 7 7 17 29
Product development
and enhancements 4 6 15 17
--- --- --- ---
Share-based
compensation
expense before tax 21 22 61 75
Income tax benefit (7) (8) (20) (26)
--- --- --- ---
Net share-based
compensation
expense $14 $14 $41 $49
=== === === ===
Certain non-material differences may arise versus actual from impact
of rounding.
CONTACT: Dan Kaferle, Public Relations, +1-631-342-2111, daniel.kaferle@ca.com, or Kelsey Doherty, Investor Relations, +1-212-415-6844, kelsey.doherty@ca.com
NEW YORK, Jan. 25, 2011 /PRNewswire/ -- PR Newswire and its broadcast and multimedia division, MultiVu, today announced the launch of ARC(TM) for Marketing, a dynamic, multimedia and social media platform designed specifically for marketers to provide for deeper audience engagement through all online channels.
ARC(TM) (Access, Reach, Connect) for Marketing builds upon PR Newswire's unique and highly interactive platform for public relations professionals to empower marketing executives as well as digital and social agencies to create and deliver an all-in-one digital communications experience complete with video, multimedia, photos, coupons and promotional content that can be built and launched in less than 5 days.
Much like the ARC for Public Relations, which has been used by hundreds of PR professionals since its launch in June, amongst ARC for Marketing's unique value propositions are the ability to dynamically update content once it has been distributed and embedded, and the unparalleled syndication offered through PR Newswire's vast distribution network.
"In the next year or two, the biggest challenge for marketers will be the integration of multiple channels, ARC addresses that head on and is something content marketing professionals need to look at," said Joe Pulizzi, executive director, Content Marketing Institute.
"ARC(TM) for Marketing is an ideal vehicle to drive product launches, branding campaigns, event promotions, viral video and much more. Combining extreme speed, efficiency and measurability, no other digital platform does more to drive audience engagement and ensure that content marketing programs deliver measurable results," said Bev Yehuda, vice president, Web Engagement, MultiVu, a PR Newswire company. "For PR Newswire, ARC(TM) for Marketing solidifies the company's position as a premier global provider of multimedia platforms that can serve a wide array of communications needs and audience engagement opportunities."
Key to ARC(TM) for Marketing is its interactive multimedia player, which can be modified to showcase up to five individual segments of encoded video or audio content. All video content is housed within the ARC(TM) platform and is also disseminated via PR Newswire's Online Video Distribution network, which includes sites such as YouTube, Yahoo! Video, Metacafe and AOL Video.
Accompanying the video player, ARC(TM) for Marketing enables marketers to deliver customized multimedia and text content and includes viral sharing buttons, enabling online users to embed the player on blogs, websites or social networking Web pages. As the ARC(TM) player is shared across the Internet, PR Newswire's Media Monitoring technology delivers insight into how one's brand, key messages, competitors, and industry topics are being discussed on blogs, social sites and online forums. The system's comprehensive set of reporting metrics then enables marketers to perform online activity analyses, real-time monitoring of impressions, views and streams, and in-depth social media monitoring and tracking.
Additionally, the ARC(TM) platform's customizable "call-to-action" buttons provide a stage where users can perform a host of functions that best meet the objective of the marketing campaign, including click-to-purchase, social media tagging, and content sharing via sites such as Facebook and Twitter.
To learn more about the ARC for Marketing, please visit the ARC(TM) launch platform.
About PR Newswire
PR Newswire (http://www.prnewswire.com) is the premier global provider of multimedia platforms that enable marketers, corporate communicators, sustainability officers, public affairs and investor relations officers to leverage content to engage with all their key audiences. Having pioneered the commercial news distribution industry 56 years ago, PR Newswire today provides end-to-end solutions to produce, optimize and target content - from rich media to online video to multimedia - and then distribute content and measure results across traditional, digital, mobile and social channels. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire enables the world's enterprises to engage opportunity everywhere it exists. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and the Asia-Pacific region, and is a United Business Media company.
Media Contacts:
Rachel Meranus, Vice President, Marketing and Communications, PR Newswire at +1.201.360.6776 or rachel.meranus@prnewswire.com
AVOCA, Pa., Jan. 25, 2011 /PRNewswire/ -- GWC Warranty, one of the largest providers of vehicle service contracts nationwide, has unveiled a new, multifunctional website (http://www.gwcwarranty.com) designed to be more informational and user-friendly. Among the site's many new capabilities is an e-Contracting portal, which allows Dealers to submit applications electronically and reduce processing time. Dealers are also able to access an interactive map identifying opportunities to partner with GWC nationwide. Interested in becoming a GWC Warranty Dealer? "No Worries"...simply click the "Dealers Wanted" button and it will provide information on how to contact the Regional Manager in your area!
Over the past year, GWC Warranty has launched several new products to develop their already extensive product line and better serve their customers. With the introduction of this redesigned website, GWC continues to increase communication with their customers, and convenience for their partners, nationwide. Future plans for the site include both Dealer and customer portals.
About GWC
GWC Warranty is a leading provider of vehicle service contracts and related finance and insurance products sold through automotive dealers. Over the past 16 years, GWC has built one of the few integrated platforms in the industry, providing sales and marketing, state-of-the-art claims administration, and unparalleled product options for its dealer partners. GWC has brought the "No Worries...Just Drive" experience to drivers nationwide by being a trusted partner of over 20,000 franchise and independent car dealerships in 37 states. GWC Warranty is owned by CIVC Partners, a Chicago based private equity firm with over $1.3 Billion under management. For more information about GWC please visit http://www.GWCWarranty.com.
Military.com Launches Improved SpouseBUZZ Website for Military Spouses
MCLEAN, Va., Jan. 25, 2011 /PRNewswire/ -- Military.com has launched an improved version of it's popular military spouse website, SpouseBUZZ.com.
The site, which celebrates it's five year anniversary in September, offers 'slice of life' blogs written by military spouses and provides a virtual meeting place for spouses to discuss the joys and challenges of military life.
Andi Hurley, the site's creator and herself an Army wife, said the re-design was done to keep up with demand from users and to keep pace with technology. "Spouses have been coming to SpouseBUZZ for the virtual community and support it provides. The enhancements we've made improve that experience and allow greater connectivity between users."
Upgrades include an improved commenting system for more robust discussions, better navigation, popular blog categories are more prominently displayed on the home page, and the addition of social media tools like Facebook and Twitter to share the site's content.
SpouseBUZZ recently assisted HGTV's popular show Income Property on a fantastic opportunity for military families. The post received 392 Facebook "Likes" and 40 tweets, proving the wisdom of incorporating social media into the redesign.
"We're already seeing an increase in traffic and getting more calls for interviews about what it's like to be married to the Military. My hope is that we can better support military spouses through the improved site, and in the process show others what being a military spouse is really about," Hurley said.
Military.com also presents a series of SpouseBUZZ LIVE! events around the country to bring together SpouseBUZZ bloggers and military spouses. Video of these events can be seen here. The 2011 SpouseBUZZ LIVE Tour will kick-off on March 12 in the Washington, DC area. Five stops in military communities are planned for 2011.
Military.com is the nation's largest military and veteran online news and membership organization serving active duty personnel, reservists, guard members, retirees, veterans, family members, defense workers and those considering military careers. Military.com enables Americans with military affinity to access their benefits, advance their careers, enjoy military discounts, and stay connected for life. Military.com is a business unit of Monster Worldwide Inc. More information is available at http://www.military.com.
New West Technologies Partnership with Payment Processing, Inc. Delivers PayMover SecurePlus for Microsoft® Dynamics RMS
New product provides most secure retail solution with improved hardware and transaction handling for Microsoft Dynamics RMS customers
NEWARK, Calif., Jan. 25, 2011 /PRNewswire/ -- Payment Processing, Inc. (PPI), the industry leader for integrated payments, announces the availability of PayMover SecurePlus for Microsoft Dynamics RMS. The product was developed in conjunction with New West Technologies, the 2010 Microsoft® RMS Partner of the Year for POS solutions. The integration provides a complete encrypted solution that supports credit, debit, gift and hand-keyed transactions and tokenization.
New West, leveraging their extensive experience with Microsoft Dynamics RMS customers, worked with PPI to develop the new product utilizing PayMover's advanced security capabilities including encryption via the Magtek iPad device and PayMover tokenization, eliminating the need to store card data locally for follow-on transactions. With this product, card data is encrypted at the point of swipe so the application never handles card data "in the clear."
The overall benefit to Microsoft Dynamics RMS customers is a highly secure environment in which only encrypted card data is processed, thereby providing enhanced security and significantly reduced PCI validation costs for retailers.
PayMover SecurePlus for Microsoft Dynamics RMS provides the following features:
-- Encryption of credit, debit, gift and hand-keyed transactions
-- Supports signature capture
-- Tokenization for follow-on transactions
-- Free gift processing
-- A merchant breach guarantee up to $150,000
-- Improved hardware installation and handling
-- An improved user interface for handling split-tender types
-- An improved merchant setup process
-- A proven, stable and reliable transaction peripheral that costs less
than a currently supported unencrypted device
-- Financial incentives for resellers
-- Reduced cost for transaction processing
PPI President, Eddie Myers, commented, "PPI, in conjunction with our strategic partner, New West, is delivering the most secure solution on the market today for Microsoft Dynamics RMS customers. Retail customers are demanding advanced security solutions to protect their businesses. Advanced levels of security using encryption are paramount to meet this demand and will provide resellers with a significantly differentiated offering."
New West President, Dan King, added, "With PayMover SecurePlus for Microsoft Dynamics RMS, credit, debit, hand-keyed and gift transactions are easier, faster and - most importantly - safer for our customers. We believe this product to be a substantial new offering for Microsoft Dynamics RMS resellers and customers."
About New West Technologies
Founded in 1992 in Portland, Oregon, New West Technologies is a leading integrator of retail point-of-sale software solutions. As a full-service technology provider with extensive experience in business computer networking and retail software development and installation, we deliver comprehensive, practical solutions that dramatically improve profitability and workflow management. More information available at http://www.newestech.com.
About Payment Processing, Inc.
Since 1995, PPI has been partnering with software developers and their customers, delivering nothing less than robust, stable, fully supported and profitable integrated payment solutions. In 2010, PPI processed in excess of $6.5 billion in Visa® and MasterCard® payments. We provide developers with a full range of in-house services for building and promoting integrated payment solutions, including PPI-developed hosted payment services, integration support, customer support, marketing assistance and PA-DSS/PCI DSS security services. It's why nearly 1,500 partners and more than 45,000 businesses have selected Payment Processing, Inc. as their dedicated payment professionals. Learn more at http://www.paypros.com.
Media Contacts:
Richard Livingston, PPI
919-463-7632
rlivingston@paypros.com
Microsoft, Encarta, MSN, and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.
SOURCE Payment Processing, Inc. (PPI)
Photo:http://photos.prnewswire.com/prnh/20100217/CL55604LOGO http://photoarchive.ap.org/
Payment Processing, Inc. (PPI)
CONTACT: Richard Livingston, PPI, +1-919-463-7632, rlivingston@paypros.com
Social Gaming Sites Increase Return Rate Through Loyalty Suite
Boston tech firm, FreeCause, serves as destination for social gaming loyalty
BOSTON, Jan. 25, 2011 /PRNewswire/ -- Social gaming companies are keeping gamers coming back for more by utilizing an innovative loyalty suite from local tech and marketing firm, FreeCause. The firm has become the go-to destination for social gaming sites, such as OMGPOP and Sometrics' Gamecoins.com to increase user loyalty in a space where a game's success is measured by its longevity.
The FreeCause gaming Loyalty Suite includes an online toolbar and shopping mall. These tools allow companies to directly contact gamers with updates and exclusive hints and offers. Gamers also earn virtual currency that they then can exchange for exclusive upgrades and points. For instance, purchasing a movie subscription through the OMGPOP Mall rewards gamers with virtual currency that they then can then use to buy new virtual goods. These new loyalty tools build retention by intuitively building rewarding relationships with gamers.
"By installing our GamerBar, our users are able to get the latest updates and information without always having to be logged into our site. For us it's great because we can stay connected to our members and provide them with reasons to come back to the site. Our users love it because they can quickly check in through the GamerBar and earn extra coins for their everyday searching and shopping activities," said Andy Artz, VP of Analytics of OMGPOP. The company has recently raised over $10 million to put toward creating a new lineup of games for both Facebook and the iPhone in the next six months.
On December 9th, Gamecoins.com launched a holiday giveaway exclusively through the FreeCause GamerBar. Results showed a 27% increase in search volume and a 34% increase in installs. The promotion not only sparked gamer-engagement by encouraging gamers to perform more searches, but also gave nonusers ample reason to install the GamerBar. Gamers who performed at least 25 valid searches using the GamerBar before December 31st, were automatically entered into a drawing in which 10 lucky winners will be awarded a total of 20,000 Sometrics Game Coins.
"Our partnership with FreeCause has proven to be extremely successful in making us stand out from other virtual currency providers. With our Loyalty Suite, we are now able to offer our gamers a more dynamic experience with greater rewards that will only lead to higher and prolonged engagement," said Director of GameCoins.com, Jennifer Bartlett.
FreeCause is also working with industry-leading social games, creating a stronger bond between a player and their favorite game. The firm is currently working with popular games, such as Metamoki, Inc.'s MobWars, Artix Entertainment, GameTheory, and WeeWorld, with plans to expand its hold on the social gaming loyalty market.
"Monetizing virtual economies and leveraging the power of virtual currencies is what FreeCause does better than anyone in our industry," said Michael Jaconi, Co-President of FreeCause. "This model, coupled with our ability to monetize users' online searching and shopping, are the reasons why many of the world's leading social and online gaming companies are choosing FreeCause."
About FreeCause
FreeCause is a full service technology and marketing firm that develops and enhances loyalty rewards programs for major brands, airlines, hotels, sports teams and social games. Headquartered in Boston, MA FreeCause offers a comprehensive portfolio of market-leading technology and expertise that allows organizations to accelerate lasting, profitable relationships with their customers and supporters. With more than 10 million subscribers, the FreeCause advanced loyalty and engagement solutions drive user behavior and strengthen brand loyalty while simultaneously generating new revenue streams for organizations through our extensive network of merchants and partners.
About Rakuten
Headquartered in Tokyo, Rakuten is one of the world's largest and most comprehensive Internet service companies, providing leading services in e-commerce, portal & media, travel, financial services, and professional sports. Rakuten focuses on new business development and increasing its scope in order to improve and diversify service offerings. Rakuten is a publicly traded company in Japan (JASDAQ: 4755).
About Sometrics
Founded in 2007 and based in El Segundo, Calif., Sometrics helps publishers monetize free-to-play online video games, social applications, casual games and virtual worlds through virtual currency with one of the industry's most advanced in-game payment and optimization solutions. With Sometrics, game publishers gain a new revenue source that enhances existing payment methods and increases conversions among paying users. The company has a global inventory of payment options ranging from credit card, mobile, pre-paid cards, surveys, videos and more, working with top publishers in the online gaming space.
About OMGPOP
OMGPOP is a leading developer of online social and multiplayer games. Headquartered in New York City, NY, OMGPOP develops real-time multiplayer games for its flagship destination site, http://www.omgpop.com, as well as engaging social games for the Facebook and iPhone platforms. Additionally, OMGPOP distributes multiplayer games to leading social networks, content sites, and other social platforms. Over 2.5M users play OMGPOP's games each month across all channels.
Chrysler Group LLC Launches Online Quiz to Raise Consumer Awareness of Certified Pre-Owned Vehicle Program
AUBURN HILLS, Mich., Jan. 25, 2011 /PRNewswire/ --
-- Automotive quiz raises awareness of certified pre-owned vehicle benefits
-- Animated crash test dummy hosts competition
-- Consumers play the game at http://www.whatsmyaq.com
Chrysler Group LLC has created an animated crash test dummy named Carl to build awareness of its Certified Pre-Owned Vehicle (CPOV) program.
This unlikely spokesman resides online and is ready to test consumers' knowledge on auto-related pop culture in a fun, interactive experience called "What's My AQ (automotive quotient)?" Carl gets right to the point - he wants to know whether your automotive brain is the size of a Hemi® engine or a lug nut.
Carl, the air-guitar strumming crash test dummy with tattooed arms and a playful but slightly irreverent attitude, can be found at http://www.whatsmyaq.com. Carl hosts the online competition, asking consumers a series of six multiple-choice questions such as "How many Dodge Chargers were used during the making of 'The Dukes of Hazzard' TV series?" and "What vehicle launched the invention of the premium SUV segment in 1993?"
"We are providing consumers with an entertaining online experience while educating them about what a smart choice a certified, pre-owned vehicle can be for many people," said Fred Diaz, President and Chief Executive Officer - Ram Truck Brand and Lead Executive for U.S. Sales. "This interactive experience melds automotive pop culture with value messages interspersed throughout this engaging quiz."
Players are competing against each other in cyberspace, so the faster a player correctly answers the questions, the better the score. Players can post their scores on a national leader board and see how they rank against the competition.
Not only is Carl entertaining, he's also informative, cleverly injecting important benefits of the CPOV program into the conversation, such as certified pre-owned vehicles go through a rigorous 125-point inspection process, and come with a complimentary three-month subscription to SIRIUS Satellite Radio and a standard CARFAX vehicle history report.
So, just how many Dodge Chargers were used in the filming of 'The Dukes of Hazzard' TV series? You'll have to play the game to find out. When consumers complete the game, they can search for a specific vehicle by entering their Zip Code and searching Chrysler Group Certified Pre-Owned Inventory. Or they can click on several icons for greater details on warranty information, the 125-point inspection, CARFAX report, roadside coverage, optional vehicle protection plans, Mopar® accessories, and the complimentary SIRIUS subscription.
Research shows that less than 30 percent of the North American population understands the tremendous value inherent in purchasing a pre-owned vehicle.
Chrysler, Jeep®, Dodge and Ram Truck certified pre-owned vehicles offer many benefits, including peace of mind to consumers in the market for a pre-owned vehicle. Chrysler Group CPOV program vehicles have less than 75,000 miles and are less than six model years old. Among the many benefits for consumers purchasing a certified pre-owned vehicle are:
-- A seven-year/100,000-mile Powertrain Limited Warranty on 2010 model year
and newer certified pre-owned vehicles
-- A three-month/3,000-mile Maximum Care Warranty that covers virtually all
operational components
-- A 125-point vehicle inspection with upgraded reconditioning using MOPAR
parts exclusively. MOPAR parts are engineered to the same standard as
the original equipment part
-- A $35 rental vehicle allowance if the vehicle needs to be in for
overnight service
-- A full range of service contracts, including lifetime warranty upgrades
(Chrysler Group LLC is the only manufacturer to offer this option)
About Chrysler Group LLC
Chrysler Group LLC, formed in 2009 from a global strategic alliance with Fiat Group, produces Chrysler, Dodge, Jeep®, Ram Truck and Mopar® brand vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler's culture of innovation -- first established by Walter P. Chrysler in 1925 -- and Fiat's complementary technology -- from a company whose heritage dates back to 1899.
Headquartered in Auburn Hills, Mich., Chrysler Group'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-size cars, allowing Chrysler Group to offer an expanded product lineup including environmentally friendly vehicles.
Rafte & Company Rolls Out Innovative Hybrid Cloud Computing and Collocation Hosting Solutions
International construction company and Houston Zoo tapped Rafte & Company to solve numerous compute and collaboration challenges
HOUSTON, Jan. 25, 2011 /PRNewswire/ -- Rafte & Company, a leading provider of business and technology consulting services for law firms and other professional services firms, today announced that it is deploying two innovative hybrid cloud computing solutions for Hale-Mills Construction, one of the construction industry's preeminent builders of detention facilities and government complexes, and the Houston Zoo, a fun, unique, and inspirational experience fostering appreciation, knowledge, and care for the natural world.
Hybrid Cloud and Collocation Solution for Hale-Mills Construction
Hale-Mills Construction faced a challenge. Half of their workforce works virtually on job sites and the other half of their workforce work at the Hale-Mills' home office. Therefore, remote team collaboration is core to keeping projects on time and within budget. To add complexity to their technology needs, in order to meet time-sensitive deadlines, system up time is critical and cannot be compromised and highly confidential client project information cannot risk getting into the wrong hands. Hale-Mills wanted to take advantage of the cost savings of replicated cloud servers, but their data had to be housed strictly on their own storage devices. Rafte & Company to architect and deliver a semi-private cloud and collocation solution that includes: cost-effective hosted application servers, co-located Storage Area Network (SAN) for the storage and management of the project data, and a high-speed fiber optic metro-ethernet line between their Houston office and the data center. "To tell you the truth, we knew what we wanted to accomplish, but we thought that it was going to be impossible to deliver. I have personally worked with Rafte & Company for several years, so I knew that if anyone could find a solution they could. We are very pleased that the resulting solution is tuned to meet all of our objectives," said Vice President for Hale-Mills, Eric Cohen.
High-Speed Fiber Optic Internet Service, Cloud and Hosted Solution for Houston Zoo
With the growth of the Houston Zoo, they reported a record attendance of over 1.7 million guests in the past year; the resulting demand on their legacy IT infrastructure outgrew their compute capacity, Internet bandwidth, floor space and cooling volume. Since the Houston Zoo's revenue is focused on serving the community, each dollar spent needs to be cost-effective. Rafte & Company to install a high-speed fiber optic Internet line on the Houston Zoo campus and is scheduled to complete the data center migration to a co-located center. The Houston Zoo's Microsoft Exchange Server will be cloud hosted. Over time, additional software applications will be migrated to the cloud. "Rafte & Company has supported the Houston Zoo with strategic IT consulting and computer software training for nearly a decade, so their understanding of our business and use of technology was very beneficial. Their IT solution is extremely cost-effective, yet is scalable to grow with us today and in the future," said Chief Financial Officer, for the Houston Zoo, Leslie Forestier.
About Rafte & Company
Established in 1983 with headquarters in Houston, Texas; Rafte & Company specializes in designing, implementing and managing strategic business and technology consulting solutions, remote collaboration systems, document management software solutions, legal software support, IT design and management services. To inquire about Rafte & Company business consulting, IT consulting and hosted solutions, contact Rafte & Company toll-free at (800) 396-9390 or contact Rafte & Company through their website at http://www.rafte.com/contact.
SOURCE Rafte & Company
Rafte & Company
CONTACT: Susan Allen Farrell of Captavi, +1-832-251-2727, ext. 707, sfarrell@captavi.com, for Rafte & Company
Sungevity Launches .org Website to Support Schools & Non-Profits, Help Local Communities Go Solar
Helen Hunt and Ed Begley, Jr. to Join Kick Off Event at Participating School for First-of-its-Kind Solar Partnership
OAKLAND, Calif., Jan. 25, 2011 /PRNewswire/ -- Sungevity, the nation's fastest growing provider of residential solar installations, today announced the launch of Sungevity.org as an innovative way to help schools and non-profit organizations raise money while getting more homeowners to put solar on their rooftops.
Organizations can raise $1000 by bringing Sungevity new solar customers. For every customer that a participating non-profit or school sends Sungevity's way, the company donates $500 to the school or non-profit and gives the customer a $500 American Express gift card (or the organization can opt to collect the full $1000).
"Our online solar leasing system is designed to make it simple for homeowners to go solar," said Danny Kennedy, Sungevity Founder. "Like our dot.com site, the .org program now makes it easy for non-profits and schools to raise funds while getting their local communities to go solar. We are continuing to bring sunshine online with Sungevity's innovative, first-of-its-kind partnership that goes well beyond the bake sale."
To kick off Sungevity.org, the company is starting a partnership with the Westside Waldorf School in Pacific Palisades (Los Angeles) where Helen Hunt and Ed Begley, Jr. are hosting an event tonight at the school. Ms. Hunt is a Sungevity customer herself, having recently had a 7kW system installed on her home that is estimated to save her more than $200 per month on her electric bill.
Non-profits and schools can enroll in the Sungevity.org partnership through an easy online process that can be completed in minutes. In addition to the Westside Waldorf School and The Oaks School also in LA, non-profits engaging in the fundraising program include Rainforest Action Network, Green America, Clean Water Action and the Ella Baker Center for Human Rights. The money raised is typically used for general funds (e.g., supplies, etc.) that are sometimes hard to come by for budget-constrained schools and non-profits that usually rely on only one fundraiser per year.
About Sungevity:
Sungevity has designed a unique online sales process to make it easy and affordable for homeowners to go solar. Sungevity's Solar Lease offer gives most customers savings from the start.
Eurotech and Nomad Innovations Deliver LiveEdge, a Portable LTE Video Broadcast Device
Industry's smallest video router delivers live broadcast signal, based on Eurotech embedded computer
COLUMBIA, Md. and LOUISVILLE, Ky., Jan. 25, 2011 /PRNewswire/ -- Eurotech and Nomad Innovations announced today their partnership that results in the delivery of the LiveEdge solution for video capture and delivery for the news broadcast industry. The Eurotech embedded CPU platform is the computing foundation of the LiveEdge Solution from Nomad Innovations. LiveEdge, a small, light-weight, low power video router, delivers real-time connectivity over 4G LTE mobile broadband technology from Verizon Wireless. (See related release from January 5, 2011 at http://news.vzw.com/news/2011/01/pr2011-01-05c.html.)
For the first time in live news, LiveEdge allows high-quality live interaction with two-way audio/video/data communication in real time. While important for news broadcasters, LiveEdge also delivers applications supporting other fields, such as education, medical, military, and first responders. LiveEdge draws on the Eurotech engineering and advanced feature set to enable device connectivity, communications and routing functions to deliver reliable broadcast video in real time.
To effectively serve mobile reporters, LiveEdge had to be small, light, reliable, versatile, and wireless-ready. The device weighs just 1.5 lbs, attaches to broadcast cameras and transmits and receives data over high-bandwidth wireless or wired networks. With a small form factor, the Eurotech embedded CPU offers a low power, high performance building block for the LiveEdge device to meet these demanding market requirements.
"We chose the Eurotech embedded CPU as the computing platform for the LiveEdge device due to its small size, low power draw, and feature set. We know broadcasters need reliability and long battery life so they can capture and transmit news as it happens, for as long as necessary," explains Timothy Emig, Chief Technology Officer and Executive Vice President of Nomad Innovations. "We rely on Eurotech to deliver the computing and communications power that are key components of the LiveEdge advanced feature set, and the results are excellent."
"Nomad Innovations has taken the LiveEdge device from development to deployment quickly by building on the Eurotech embedded CPU," comments Hilary Tomasson, VP of Marketing for Eurotech North America. "Connecting people by sharing data over the latest wireless technology is an exciting example of what talented designers like Nomad Innovation engineers can do with a flexible and proven embedded CPU platform."
"Any field team, whether broadcasting the news or responding to emergency situations, has greater mobility and flexibility when communications options are no longer tied to microwave or satellite trucks and time-consuming set-up procedures," suggests Sean Higgins, Senior VP Sales/Marketing, Nomad Innovations.
Eurotech is a listed global company (ETH.MI) that integrates hardware, software, services and expertise to deliver embedded computing platforms and sub-systems to leading OEMs, system integrators and enterprise customers for successful and efficient deployment of their products and services. Drawing on concepts of minimalist computing, Eurotech lowers power draw, minimizes physical size and reduces coding complexity to bring sensors, embedded platforms, sub-systems, ready-to-use devices and high performance computers to market, specializing in defense, transportation, industrial and medical segments. By combining domain expertise in wireless connectivity as well as communications protocols, Eurotech architects platforms that simplify data capture, processing and transfer over unified communications networks. Our customers rely on us to simplify their access to state-of-art embedded technologies so they can focus on their core competencies. Learn more about Eurotech at http://www.eurotech.com.
About Nomad Innovations, LLC
Nomad Innovations, LLC delivers media transmission solutions using the latest wireless broadband technologies. Its flagship product, LiveEdge, is the first product to meet the needs of customers requiring real-time, two-way broadcast-quality video and audio communications. The technology company is based in Louisville, Kentucky. To fully meet the need for innovation and integration, Nomad Innovations executives bring experience from broadband, broadcasting, data networking, and information technology disciplines. To learn more about Nomad Innovations, visit http://www.nomadinnovations.com.
Intel is a registered trademark of Intel Corporation in the United States and other countries.
ConnectWise Helps Partner Growth in 2011 Announces Launch of Go-to-Market Toolkit
StreamlineIT brings IT service providers and IT end-users together
TAMPA, Fla., Jan. 25, 2011 /PRNewswire/ -- ConnectWise , the leading business management solution designed exclusively for IT service providers, VARs and MSPs, announced today it has substantially upgraded StreamLineIT. StreamlineIT, powered by ConnectWise, is a full version of ConnectWise that helps partners capture additional sales opportunities when faced with an internal IT staff. Now, in addition to market-leading technology, ConnectWise partners have a complete turn-key sales and marketing solution.
StreamLineIT enables true partnerships between IT service companies and their clients' IT staff, and gives end users visibility into performance metrics and service levels. By aligning more closely with their client's IT departments, and giving them access to some of the same management tools, ConnectWise partners can further drive operational efficiencies and process improvements. StreamLineIT decreases response time to service issues, improves client retention and stickiness, creates additional revenue streams, and increases the sales funnel of potential clients. The turn-key solution now includes sales training videos, sales sheets and email to kick off the partner's marketing campaign.
Heartland Technology Solutions based in Harlan, IA has successfully deployed StreamLineIT in a diverse array of customer environments. "Using StreamLineIT provides numerous benefits to our clients' IT professionals as well as value to the C-suite executives, and helps distinguish us as not just a vendor of technical services but a business partner," said Jane Cage, Heartland Technology Chief Operating Officer. "StreamLineIT, which now includes the sales and marketing toolkit, truly helps us support our clients' business objectives."
"Our partners have had excellent results with StreamLineIT, and the addition of this remarkable, upgraded go-to-market toolkit will help them communicate its benefits and gain another competitive advantage," said Arnie Bellini, ConnectWise CEO. "StreamLineIT is yet another way ConnectWise partners are changing the way IT business is done."
StreamlineIT enables internal IT management to better monitor project progress and manage workloads to ensure maximum productivity. Features include:
-- Service Board - Immediate insight into the scope and significance of
open IT issues is provided to more effectively prioritize projects.
-- Dispatch Portal - Resources are organized so that IT managers
immediately see which staff members are fully, over- or under-utilized,
helping maximize staff resources and monitor important project
milestones.
-- Reports - Detailed, key metrics of both employee and department
performance validate the IT department's contributions
-- Projects - Insight into strategic company initiatives allows IT managers
to more effectively work to meet key deadlines and business objectives.
-- Configurations - Visibility into fixed IT assets lets managers know
exactly how systems are integrated, providing optimized utilization,
functionality and performance
Designed exclusively for the IT Channel, ConnectWise is the leading business management solution for service providers, MSPs, technology consultants, integrators, and developers. Today more than 49,000 IT professionals rely on ConnectWise to achieve greater accountability, operational efficiency and profitability. According to the 2010 MSPmentor 100 list, more than half of the top 100 IT-based managed serviced providers worldwide use ConnectWise. ConnectWise fully integrates CRM, sales, help desk ticket and tracking, project tracking, IT service management, SLAs, dispatch scheduling, mobile IT services, time and expenses into a singular IT management software to dramatically streamline IT companies. Over the last 28 years, ConnectWise has become the premier business operating system for IT solution providers. ConnectWise APIs are accessed by over 300 organizations, including ConnectWise partners and industry leaders of the IT Nation. For more information visit http://www.ConnectWise.com or call 800-671-6898.
SHAZAM Makes Strategic Investment in Adaptive Payments
DES MOINES, Iowa, Jan. 25, 2011 /PRNewswire/ -- SHAZAM, Inc. announced today that it has made a strategic investment in the payment authentication company Adaptive Payments, Inc. SHAZAM, an electronic funds transfer (EFT) network in the payments industry since 1976, chose to invest in the Fort Lauderdale, Fla.-based company after partnering with Adaptive Payments for Internet PIN debit processing and gateway services.
"We made an investment in Adaptive Payments because we believe in the company and the technology they are implementing," said Michael Hollinger, SHAZAM President and CEO. "We concur with Adaptive Payments' vision for the future of e-commerce and m-commerce transactions and are confident in their ability to deliver these products to the marketplace."
"We are thrilled to strengthen our relationship with SHAZAM, not just as a customer but as a strategic partner," said Shashi Kapur, Adaptive Payments CEO. "This investment underscores the level of confidence that SHAZAM has in our products, our management team, and our vision for the delivery of highly secure and authenticated payment solutions across all payment card acceptance channels."
In September 2010, SHAZAM and Adaptive Payments partnered to provide Internet PIN debit processing and gateway services for financial institutions across the nation. SHAZAM and Adaptive Payments are also working together on a Person-to-Person (P2P) solution, assisting financial institutions' customers in transferring funds directly from one person to another, most commonly using mobile technology, in real time.
"Adaptive Payments has demonstrated their ability to work with us to tailor products to meet the needs of our financial institution partners," stated Hollinger. "Together we are expanding access for financial institution customers to multiple payment options through multiple channels, without sacrificing security or functionality."
"Adaptive Payments will benefit not just from SHAZAM's financial investment, but also from their knowledge, experience, and reputation as a leading PIN debit network," said Kapur. "This will significantly enhance our ability to execute our core strategy to enable secure payment applications that are universally accepted by consumers, merchants, and PIN debit networks." Kapur added, "Consumers expect that the channels and 'device screens' through which they interact, such as a lap top, desk top, mobile phone, or tablet, will provide the connectivity needed to enable easy, fast, safe, and secure commerce to occur irrespective of channels and devices. Adaptive Payments operates at the intersection of these channels to enable secure commerce to occur using its 5DSecure(TM) authentication platform."
About Adaptive Payments
Based in Ft. Lauderdale, Fla., Adaptive Payments is a payment authentication company that enables easy, safe, secure, and authenticated transactions to occur using the cardholder's PIN or other data that is known to the cardholder to authenticate debit and credit transactions. The company has developed payment solutions that serve four vertical markets: Internet Sales, Money Transfer, Bill Payment, and Prepaid Top Up. These products are delivered across the e-commerce, mobile commerce, mail/phone order, call center, and brick and mortar channels. All Adaptive Payments' solutions feature "5DSecure"- five-factor authentication using two unique channels for authentication separating the sales and personal data from the secure PIN.
About SHAZAM
The SHAZAM network was founded in 1976 and is one of the last remaining member-owned and -controlled EFT networks and processors in the industry. SHAZAM offers ATM processing, debit and ATM card processing, card authorization services, merchant processing, Automated Clearing House (ACH) services, core processing, and information security solutions. SHAZAM serves 1,500 community financial institutions in 31 states.
SOURCE Adaptive Payments, Inc.
Adaptive Payments, Inc.
CONTACT: Connie Taylor of SHAZAM for Adaptive Payments, Inc., 1-800-537-5427, ext. 4160, ctaylor@shazam.net; or Ralph Bianco of Adaptive Payments, +1-845-223-7998, ralph_bianco@adaptivepayments.com
Razer(TM) Packs Powerful Audio Punch With Portable Gaming Speakers
Razer Ferox Twin Speaker Set Delivers Omni-directional Sound to Everybody, Everywhere January 2011
CARLSBAD, Calif., Jan. 25, 2011 /PRNewswire/ -- Razer, the world's leading precision gaming brand today announces the Razer Ferox - a cool, new ultraportable stereo speaker set that proves it's not how big it is, it's how awesome it sounds. Built to deliver 360 degrees of omni-directional sound, you'll be amazed that something so tiny can rock so hard.
"The Razer Ferox is our sophisticated, modern day boombox for gamers," said Robert "RazerGuy" Krakoff, president, Razer USA. "Its sleek and compact structure takes up minimal space but delivers the crystal clear sound quality perfect for gaming on-the-go or for music playback wherever you're at."
The Razer Ferox delivers room-filling audio clarity with its 360 degree omni-directional acoustics, giving a much wider listening sweet spot than any ordinary front-facing speakers. No matter where you stand, sit, or backflip during a riotous shootout, audio from the Razer Ferox sounds just as immersive.
Featuring expandable resonance chambers that provide stronger bass and optimized digital amplifiers for a fuller sound experience, each chamber rises upon a single press to power up. You'll have a hard time just keeping your hands off the nifty mechanism every time you switch the Razer Ferox on.
With 12 hours of rechargeable battery life and a convenient carrying case, the Razer Ferox is extremely versatile. These mobile speakers can be used for space-constrained gaming desktop setups, brought along to LAN parties for a convenient audio solution, or broadcasting your headbanging playlist whilst at the beach. Just plug it into any media player with a 3.5mm jack and you'll realize that you'll never want to leave home without your Razer Ferox, especially when phenomenal audio is just a plug and press away.
About the Razer Ferox
Get powerful sound in a portable form factor with the Razer Ferox, a tiny but mighty stereo speaker set. With 360-degree omni-directional acoustics that fill your surroundings evenly with sweet sound, expandable resonance chambers for thumping bass, and optimized digital amplifiers to enhance performance and power efficiency, you'll never be left wanting more. Your multidimensional listening experience is right in the palm of your hand.
With its simple plug-and-play operation, 12-hour rechargeable battery life, and handy carrying case, the Razer Ferox is the ultimate choice for all your mobile audio needs.
Razer Ferox
Price: US $59.99; EU euro 59.99
Availability:
Razerzone.com - January 2011
Worldwide - January 2011
Product Features:
-- 360 degree omni-directional sound for all round clarity
-- Expanded bass resonance chamber for powerful bass
-- Digital amplification for enhanced power efficiency
-- Compatible with any media player with a 3.5mm jack
-- 30mm drivers for exceptional audio quality
-- Rechargeable non-replaceable in-built batteries
-- Up to 12 hours of playback
-- Play and charge simultaneously
-- LED battery status indicator for easy monitoring
-- Seamless switch between On/Off-mode
-- Carrying pouch for maximum portability
Razer is more than just the world's leading brand in high-end precision gaming products, perpetually defining the gaming and technology space. Founded in 1998 in Carlsbad, California, Razer is driven by the ceaseless pursuit for absolute precision and high usability in a distinctive, aesthetic design that will give gamers the edge they demand. With labs and offices in seven cities around the world, Razer dedicates user interface research and development to bring cutting-edge technology to each and every product. We live by our motto: For Gamers. By Gamers.
CONTACT: USA, Christina Gregor, Christina.Gregor@razerzone.com, or Europe, Timo Helmke, Timo.Helmke@razerzone.com, or Asia Pacific, Lisa Twang, Lisa.Twang@razerzone.com, or China, Chris Chen, Chris.Chen@razerzone.com, all of Razer Group
SEATTLE, Jan. 25, 2011 /PRNewswire/ -- SurveyAnalytics, one of the leading research platforms, tonight debuts a new method of surveying public opinion in real time during the State of the Union Address. SurveySwipe, which SurveyAnalytics launched just a few weeks ago, will now offer real-time information about how the State of the Union is being received as the speech occurs.
This project is a joint effort between SurveyAnalytics, SurveySwipe, Cooper Strategies, and UMass Amherst. The SurveySwipe solution is compatible with iPhone, iPod touch, and iPad devices as well as most other major smartphones including WP7, BlackBerry, and Android. The SurveySwipe technology was combined with UMass Political Science professor Stu Shulman's research tool - DiscoverText(TM) to analyze the data from social networks in addition to data provided by participants over their devices in real-time.
All data collected in response to the State of the Union address will be "open-sourced." It will be licensed using the Creative Commons Attribution License and will be available to the public.
"It's very important to us that we make these innovations both valuable and available," said Vivek Bhaskaran, President and CEO of SurveyAnalytics, "Everyone that creates a community for the State of the Union will have access to their own data, as well as an aggregate view of data across all communities. And instead of the results being generated by a small sample of a few hundred people, the results will reflect a sample of thousands more."
"The explosive growth of smartphones makes these devices the perfect platform to collect real-time, participatory feedback during live events," says Rob Hoehn, President of SurveyAnalytics' Ideascale, "It's also become more and more important to understand how people feel, think, and respond as events occur and it's changing the way that brands, companies, and blogs engage with people."
For real-time feedback about the State of the Union as the event is occurring, visit http://www.surveyanalytics.com/sotu for more information.
About SurveyAnalytics:
SurveyAnalytics offers an enterprise grade research platform for collecting feedback to enable businesses, governments, and consumers to participate and learn from each other. Through its core businesses of surveys, crowdsourcing, panel management and polls, SurveyAnalytics' listening systems enabled businesses and governments to reach their customers and constituents through all major channels, including web, email, social media and mobile. The SurveyAnalytics platform is used by companies like Motorola, McGraw Hill, CareerBuilder, and Agencies of the US Federal government, including the FCC, USPS, and the GSA.
Parkmobile USA, Inc. Introduces Pay by Phone Parking in Santa Cruz, California
SANTA CRUZ, Calif., Jan. 25, 2011 /PRNewswire/ -- Parkmobile USA, Inc. announced today an innovative new service that will allow residents and visitors in Santa Cruz to save time and money by using their mobile phone to pay for parking in the City of Santa Cruz.
"Pay by phone offers customers a new and better way to pay for parking. Parkmobile users have 24/7 access to their online account; they can print reports and easily track their parking expenses. It's much faster and more convenient," noted Albert Bogaard, CEO of Parkmobile
To use the new Parkmobile system, customers register for free at http://www.parkmobile.com. Once registered, motorists can use a mobile app, the internet, or a toll free phone call, 877-727-5718 to pay for parking. After setting up the account, customers can immediately start using the system with their registered mobile phone. Motorists can also select the option to receive text message alerts and reminders.
"We are excited to introduce Parkmobile to the City of Santa Cruz. Parkmobile provides residents and visitors an easy and innovative way to manage parking meter time - directly from a mobile phone. We are pleased to deliver this new option to help avoid parking tickets and enhance the shopping and entertainment experience across the city," said Mayor Ryan Coonerty
Marlin Granlund, Parking Program Manager, said "Parkmobile's pay by phone service is another accomplishment in what the City of Santa Cruz has been striving to achieve for parking public in the last couple of years. First with the Santa Cruz ParkCard, then with credit card acceptance at all paid parking facilities and now the innovative pay by phone service. We are very happy to be working with Parkmobile to provide this new way to pay to park in Santa Cruz."
Starting today, customers parking in Santa Cruz will be able to pay for parking online or via phone from the comfort and safety of their own vehicle. The service is being offered citywide at over 1800 parking meters and pay-by-space lots. Enrollment in the new program is free, quick and easy. A $.35 transaction fee is charged each time you use the service. Parkmobile's pay by phone parking is an ideal parking option for motorists, and is simple and convenient.
Parkmobile is a leading global provider of seamlessly integrated end-to-end solutions for pay by phone parking and digital parking permits. With millions of registered users, Parkmobile is available in more than 100 cities worldwide. Parkmobile USA was founded in Atlanta, Georgia and has become one of the largest providers of cashless parking systems in the United States. The company's call center, engineering team and corporate headquarters are located in the U.S. For additional information, please visit http://www.parkmobile.com.
SOURCE Parkmobile USA, Inc.
Photo:http://photos.prnewswire.com/prnh/20100414/CL86518LOGO http://photoarchive.ap.org/
Parkmobile USA, Inc.
CONTACT: Sara Engel, Director of Marketing, +1-770-405-0153, sara.engel@parkmobileglobal.com
Lord of Arcana for PSP® System Now Available in North America and Via Digital Download From the PlayStation®Store
Players Hone Their Slaying Prowess in the Brutal Action-RPG from SQUARE ENIX
LOS ANGELES, Jan. 25, 2011 /PRNewswire/ -- Square Enix, Inc., the publisher of SQUARE ENIX® interactive entertainment products in North America,announced todaytheaction-RPG Lord of Arcana(TM) is now available at retailers in North America and via digital download from the PlayStation®Network Store. Players can now embark on a brutal expedition in a dark fantasy world laid out exclusively on the PSP® (PlayStation®Portable) system.
As Slayers in Lord of Arcana, players undertake a quest to regain lost memories and acquire the power of the Arcana. With a seamless blend of RPG elements and gut-spilling battles, players can delve into an elaborate crafting system to construct the best weaponry, and design the ultimate Slayers. Dozens of challenging quests lie ahead as Slayers collect the power of Arcana and lay waste to all those who stand in their way. Players can hack and slash their way through vile and vicious beasts as lone heroes or band together with fellow Slayers to deliver a fury of fatal assaults.
Lord of Arcana is now available at retailers in North America and via digital download from the PlayStation®Network Store for the suggested retail price of $39.99. Lord of Arcana is rated M (Mature). Please visit the Entertainment Software Rating Board (ESRB) website at http://www.esrb.org for more information about ratings. Please visit the official website for more information: http://na.lordofarcana.com.
Story
This world is called Horodyn, so named for its first king.
At the edge of a village surrounded by a huge forest lies the powerful stone Arcana, the source of all order in the world.
It is said that only one with power can acquire Arcana.
Slayers annihilate hordes of monsters so that they can lay their hands on Arcana.
What power does it hold? And to what destiny is one with Arcana bound?
Features
-- Experience an authentic multiplayer action-RPG from Square Enix,
developed exclusively for the PSP system, when Lord of Arcana launches
on January 25, 2011.
-- Play with up to three friends to defeat tough enemies and reap rewards
together, or tackle a variety of quests in single-player mode.
-- Dive into the fray with intuitive controls that will hook players of any
skill level.
-- Create one-of-a-kind avatars and produce thousands of unique weapons.
The possibilities are endless!
About Square Enix, Inc.
Square Enix, Inc. develops, publishes, distributes and licenses SQUARE ENIX®, EIDOS® and TAITO® branded entertainment content throughout the Americas as part of the Square Enix Group. The Square Enix Group operates a global network of leading development studios and boasts a valuable portfolio of intellectual property, including: FINAL FANTASY®, which has sold over 97 million units worldwide; DRAGON QUEST®, which has sold over 54 million units worldwide; TOMB RAIDER®, which has sold over 35 million units worldwide; and the legendary SPACE INVADERS®. Square Enix, Inc. is a U.S.-based, wholly-owned subsidiary of Square Enix Holdings Co., Ltd.
CONTACT: Elizabeth Stewart of Square Enix, Inc., +1-310-846-0400, na.pr@square-enix.com; or Alisa Faber, alisa@oneprstudio.com, or Dana Whitney, dana@oneprstudio.com, both of ONE PR Studio, +1-510-893-3271, for Square Enix, Inc.